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Indian Bank declines despite reporting 8% rise in total deposits during Q2FY25

07 Oct 2024 Evaluate

Indian Bank is currently trading at Rs. 515.20, down by 7.80 points or 1.49% from its previous closing of Rs. 523.00 on the BSE.

The scrip opened at Rs. 524.05 and has touched a high and low of Rs. 529.95 and Rs. 510.50 respectively. So far 32804 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 626.35 on 03-Jun-2024 and a 52 week low of Rs. 391.25 on 30-Nov-2023.

Last one week high and low of the scrip stood at Rs. 538.75 and Rs. 507.75 respectively. The current market cap of the company is Rs. 69099.25 crore.

The promoters holding in the company stood at 73.84%, while Institutions and Non-Institutions held 22.26% and 3.90% respectively.

Indian Bank’s total deposits stood at Rs 6.93 lakh crore (provisional) as of September 30, 2024 (Q2FY25), posting a 8.1% rise in year-on-year (YoY) terms as against Rs 6.41 lakh crore as of September 30, 2023 and on quarter-on-quarter (QoQ) basis, total deposits stood at Rs 6.81 lakh crore as of June 30, 2024.

Its total Business grew 9.8% to Rs 12.44 lakh crore (provisional) as of September 30, 2024, as compared to Rs 11.33 lakh crore as of September 30, 2023.

Its gross advances stood at Rs 5.51 lakh crore (provisional) as of Q2FY25, posting a 12.0% rise in year-on-year (YoY) terms against Rs 4.92 lakh crore as of Q2FY24 and in quarter-on-quarter (QoQ) basis stood at Rs 5.39 lakh crore as of June 30, 2024. 

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.


Indian Bank Share Price

910.00 -4.90 (-0.54%)
24-Apr-2026 15:40 View Price Chart
Peers
Company Name CMP
SBI 1098.00
PNB 113.20
Canara Bank 141.00
Bank Of Baroda 274.25
Union Bank Of India 176.65
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