Case study

INDIANB

Indian Bank

Worth a closer look1y model +7.1%

Each stock's 10,000-path forecast, rendered as light.

69Score

Indian Bank (INDIANB) Stock Analysis & Case Study

Is INDIANB a good buy? The data-driven verdict.

Indian Bank (INDIANB) trades at ₹890,on the numbers it worth a closer look, a Downstox Snapshot Score of 69/100.

On the numbers, Indian Bank (INDIANB) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 9.4× earnings, ROE of 15.4%, a 58% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

INDIANB fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹1.20L Cr
Current price
₹890
P/E ratio
9.4×
P/B ratio
1.43×
Book value
₹623
Dividend yield
2.05%
ROCE
6.3%
ROE
15.4%
Piotroski F-Score
6/8

How INDIANB ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for INDIANB, as of 9 Aug 2026, so it is not ranked here.

Is INDIANB overvalued? INDIANB P/E vs peers

INDIANB trades at 9.4× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

INDIANB share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of INDIANB history (15%/yr drift, 33%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
INDIANB 2027₹627₹953₹1,447+7%
INDIANB 2028₹568₹1,021₹1,834+15%
INDIANB 2029₹537₹1,093₹2,227+23%
INDIANB 2030₹510₹1,171₹2,690+32%
INDIANB 2031₹498₹1,254₹3,157+41%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability INDIANB goes up, or doubles?

58%
Higher in 1 year
Modelled chance the price is above today in 12 months
68%
Higher in 5 years
Modelled chance the price is above today in 5 years
31%
Doubles in 5 years
Modelled chance of reaching ₹1,779 within 5 years

The bull case for INDIANB

  • INDIANB's P/E of 9.4x is lower than 88% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Low price-to-book of 1.43×, the market is paying little over the company's net assets.
  • INDIANB's return on equity of 15.4% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • INDIANB's dividend yield of 2.0% ranks in the 88th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,227.

The bear case & risks

  • No model or past record guarantees future returns, treat this as one input, not a decision.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹537.

INDIANB volatility & expected range, how bumpy is the ride?

Over the last 9.8 years INDIANB compounded at 15%/year with annualized volatility of 33%. That volatility implies a 1-year 80% range of ₹627-₹1,447, the honest backbone behind any single price target.

INDIANB price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
7.1%
80% range₹627-₹1,447
P(price ↑)58%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
22.9%
80% range₹537-₹2,227
P(price ↑)64%
P(price 2×)19%
5-Year Forecast
2031
₹0
Median (P50)
41.0%
80% range₹498-₹3,157
P(price ↑)68%
P(price 2×)31%

INDIANB price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
INDIANB simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds INDIANB hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the INDIANB price target & forecast page.

INDIANB Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. INDIANB scores 6/8, mixed financial health.

INDIANB MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy INDIANB with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox27.56%3.6×
Zerodha26.50%3.8×
Groww26.50%3.8×
DhanCHEAPEST24.04%4.2×
Kotak Neo25.00%4.0×
Paytm Money24.29%4.1×
Pocketful31.34%3.2×
Fyers32.26%3.1×
Anand Rathi31.04%3.2×
Bajaj Broking25.00%4.0×
Share India31.10%3.2×

Compare every broker on the INDIANB MTF page.

About Indian Bank: sector, index & market-cap context

Indian Bank (INDIANB) is a large-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹1.20L Cr. See more stocks on our screener.

How the INDIANB Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Indian Bank's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

INDIANB analysis, FAQs

Is Indian Bank (INDIANB) a good buy?

On the numbers, Indian Bank (INDIANB) worth a closer look, a Downstox Snapshot Score of 69/100, weighing inexpensive at 9.4× earnings, ROE of 15.4%, a 58% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is INDIANB overvalued or undervalued?

INDIANB trades at 9.4× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the INDIANB share price target for 2031?

INDIANB's probability-weighted 2031 median target is ₹1,254, with an 80% range of ₹498-₹3,157 (10,000-path Monte-Carlo).

What is the probability INDIANB doubles in 5 years?

The modelled probability of INDIANB reaching ₹1,779 (2×) within 5 years is 31%.

What is the bull case for INDIANB?

INDIANB's P/E of 9.4x is lower than 88% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. Low price-to-book of 1.43×, the market is paying little over the company's net assets. INDIANB's return on equity of 15.4% ranks in the 72nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in INDIANB?

No model or past record guarantees future returns, treat this as one input, not a decision.

More on INDIANB