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IndusInd Bank Limited is currently in a long term uptrend where the price is trading 15.3% above its 200 day moving average.
From a valuation standpoint, the stock is 90.3% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 3.4.
IndusInd Bank Limited's total revenue rose by 3.9% to $51B since the same quarter in the previous year.
Its net income has dropped by 36.6% to $8B since the same quarter in the previous year.
Finally, its free cash flow grew by 740.9% to $351B since the same quarter in the previous year.
Based on the above factors, IndusInd Bank Limited gets an overall score of 4/5.
Exchange | NSE |
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CurrencyCode | INR |
ISIN | INE095A01012 |
Sector | Financial Services |
Industry | Banks - Regional |
PE Ratio | 59.45 |
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Target Price | 771.4474 |
Beta | 0.65 |
Market Cap | 598B |
Dividend Yield | None |
IndusInd Bank Limited provides various banking products and financial services to individuals, corporations, government entities, and public sector undertakings in India. It operates in four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers savings, salary, RFC, and uniformed personnel accounts; current accounts comprising smart, everyday, premium, trade, startup, and specialized accounts; fixed, recurring, sweep in/out, senior citizen fixed, NRE and NRO fixed, FCNR, and term deposits; vehicle, used and new car, two wheeler, home, gold, agri, personal, doctor professional, medical equipment, term, quick business, SME, and MSME loans; loans against property and securities; loans on credit card; and microfinance, working capital, and trade and export finance. It also provides debit, credit, prepaid, commercial, forex, duo, corporate, and business cards; life, health, and general insurance; safe deposit lockers; payment and financial inclusion products; foreign exchange services, including inward and outward remittances, and online forex portals; digital banking; and online vehicle auction services. In addition, the company offers mutual funds; bill payment; money transfer; NRI services; merchant solutions comprising POS terminal, payment gateway, digital rupee, and QR; transaction banking services, including trade finance, cash management, and tax payment; supply chain finance solutions, including supplier/vendor finance, channel finance, and receivable finance/factoring solutions; investment banking services consisting of debt syndication, debt and private equity fund-raising advisory, and M&A advisory; foreign exchange advisory; derivatives, such as currency, interest rate, and exchange-traded derivatives; debt capital markets, bullions, research, and online platforms; and correspondent and inclusive banking. IndusInd Bank Limited was incorporated in 1994 and is headquartered in Mumbai, India.
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