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Indian Bank Plunges 3%; BSE BANKEX Index Down 0.3%
Wed, 3 Dec 9:50

Indian Bank Plunges 3%; BSE BANKEX Index Down 0.3%Image source: DNY59/www.istockphoto.com

Indian Bank share price has plunged 3% and is presently trading at Rs 828.0.

Meanwhile, the BSE BANKEX index is at 66,185.0 (down 0.3%).

Among the top losers in the BSE BANKEX index today are Bank of Baroda (down 1.2%) and SBI (down 0.8%).

ICICI Bank (up 0.2%) and Indusind Bank (up 0.1%) are among the top gainers today.

Over the last one year, Indian Bank has moved up from Rs 583.2 to Rs 828.0, registering a gain of Rs 244.8 (up 42.0%).

On the other hand, the BSE BANKEX index has moved up from 59,287.6 to 66,185.0, registering a gain of 11.6% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were AU SMALL FINANCE BANK (up 62.8%), IDFC FIRST BANK (up 26.8%) and Federal Bank (up 23.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 84,893.6 (down 0.3%).

The top losers among the BSE Sensex today are Hindustan Unilever (down 1.9%) and Nestle (down 1.3%). The most traded stocks in the BSE Sensex are ITC and SBI.

In the meantime, NSE Nifty is at 25,941.0 (down 0.4%). Shriram Transport and Hindustan Unilever are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 80,248.1 to 84,893.6, registering a gain of 4,645.5 points (up 5.8%).

Indian Bank Financial Update...

Indian Bank net profit grew 11.0% YoY to Rs 30,405 million for the quarter ended September 2025, compared to a profit of Rs 27,400 million a year ago. Net sales rose 8.2% to Rs 166,283 million during the period as against Rs 153,690 million in July-September 2024.

For the year ended March 2025, Indian Bank reported 33.8% increase in net profit to Rs 112,615 million compared to net profit of Rs 84,194 million during FY24. Revenue of the company grew 11.5% to Rs 620,394 million during FY25.

The current Price to earnings ratio of Indian Bank, based on rolling 12 month earnings, stands at 10.1.


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