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IndusInd Bank Limited
Buy, Hold or Sell?

Let's analyse Indusind together

PenkeI guess you are interested in IndusInd Bank Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of IndusInd Bank Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Indusind (30 sec.)










What can you expect buying and holding a share of Indusind? (30 sec.)

How much money do you get?

How much money do you get?
INR0.41
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR706.68
Expected worth in 1 year
INR937.34
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR264.52
Return On Investment
17.0%

For what price can you sell your share?

Current Price per Share
INR1,553.00
Expected price per share
INR1,423 - INR1,695
How sure are you?
50%

1. Valuation of Indusind (5 min.)




Live pricePrice per Share (EOD)

INR1,553.00

Intrinsic Value Per Share

INR-530.13 - INR2,661.90

Total Value Per Share

INR176.55 - INR3,368.58

2. Growth of Indusind (5 min.)




Is Indusind growing?

Current yearPrevious yearGrowGrow %
How rich?$6.6b$6b$538.6m8.2%

How much money is Indusind making?

Current yearPrevious yearGrowGrow %
Making money$893.2m$576.6m$316.6m35.4%
Net Profit Margin28.9%21.8%--

How much money comes from the company's main activities?

3. Financial Health of Indusind (5 min.)




4. Comparing to competitors in the Banks - Regional industry (5 min.)




  Industry Rankings (Banks - Regional)  

What can you expect buying and holding a share of Indusind? (5 min.)

Welcome investor! Indusind's management wants to use your money to grow the business. In return you get a share of Indusind.

What can you expect buying and holding a share of Indusind?

First you should know what it really means to hold a share of Indusind. And how you can make/lose money.

Speculation

The Price per Share of Indusind is INR1,553. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Indusind.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Indusind, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR706.68. Based on the TTM, the Book Value Change Per Share is INR57.66 per quarter. Based on the YOY, the Book Value Change Per Share is INR45.30 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR8.47 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Indusind.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps1.150.1%1.150.1%0.740.0%0.710.0%0.540.0%
Usd Book Value Change Per Share0.690.0%0.690.0%0.540.0%0.960.1%0.730.0%
Usd Dividend Per Share0.100.0%0.100.0%0.060.0%0.080.0%0.060.0%
Usd Total Gains Per Share0.790.1%0.790.1%0.600.0%1.040.1%0.790.1%
Usd Price Per Share12.82-12.82-11.22-12.21-12.80-
Price to Earnings Ratio11.17-11.17-15.15-19.96-27.64-
Price-to-Total Gains Ratio16.15-16.15-18.61-17.21-23.16-
Price to Book Ratio1.51-1.51-1.44-2.09-3.67-
Price-to-Total Gains Ratio16.15-16.15-18.61-17.21-23.16-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share18.636
Number of shares53
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.100.08
Usd Book Value Change Per Share0.690.96
Usd Total Gains Per Share0.791.04
Gains per Quarter (53 shares)42.0655.18
Gains per Year (53 shares)168.23220.71
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
12214715817204211
24329332634407432
36544049451611653
48658766268815874
51087338308510181095
612988099810212221316
71511027116611914261537
81721174133413616301758
91941320150215318331979
102151467167017020372200

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%18.00.01.094.7%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.00.0100.0%

Fundamentals of Indusind

About IndusInd Bank Limited

IndusInd Bank Limited provides various banking products and services to individuals, NRIs, business owners, corporates, and government and financial institutions. It operates through four segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The company offers current, savings, defense, and corporate salary; and fixed and FCNR, sweep in/out deposits, senior citizen schemes, young saver deposits, and recurring and RFC deposits, as well as Rupee multiplier products. It also provides home, personal, car, two wheeler, gold, agricultural, and medical equipment loans, as well as loans against property and securities; micro-finance loans; MSME loans; business loans; loans to merchants and retailers; personal and professional loans; and loan on credit cards. In addition, the company offers transaction banking services, including letters of credit/guarantees, structured trade and export finance, and import finance solutions, as well as cash management and remittance services; investment products, such as demat account, mutual fund, gold bond, national pension system, and equity trading; project finance, supply chain financing; investment advisory, strategic M&A, and other advisory services; and health, general, life, and card protection insurance. Further, it provides debit, credit, forex, and commercial cards; individual outward remittances, foreign currency bank notes and demand drafts, and travelers cheques; financial inclusion products; trade and foreign exchange accounts; real estate developer financing and bullion services; correspondent banking services; and forex and derivative desk, information and advisory, and remittances through forex channel services. IndusInd Bank Limited was incorporated in 1994 and is based in Mumbai, India. IndusInd Bank Limited was incorporated in 1994 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-23 11:41:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is unable to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of IndusInd Bank Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Indusind earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare Indusind to the Banks - Regional industry mean.
  • A Net Profit Margin of 28.9% means that ₹0.29 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of IndusInd Bank Limited:

  • The MRQ is 28.9%. The company is making a huge profit. +2
  • The TTM is 28.9%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ28.9%TTM28.9%0.0%
TTM28.9%YOY21.8%+7.1%
TTM28.9%5Y22.6%+6.3%
5Y22.6%10Y26.0%-3.5%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ28.9%18.4%+10.5%
TTM28.9%28.0%+0.9%
YOY21.8%25.2%-3.4%
5Y22.6%22.8%-0.2%
10Y26.0%19.8%+6.2%
1.1.2. Return on Assets

Shows how efficient Indusind is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Indusind to the Banks - Regional industry mean.
  • 1.6% Return on Assets means that Indusind generated ₹0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of IndusInd Bank Limited:

  • The MRQ is 1.6%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.6%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.6%TTM1.6%0.0%
TTM1.6%YOY1.2%+0.4%
TTM1.6%5Y1.3%+0.4%
5Y1.3%10Y1.4%-0.2%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ1.6%0.1%+1.5%
TTM1.6%0.2%+1.4%
YOY1.2%0.2%+1.0%
5Y1.3%0.2%+1.1%
10Y1.4%0.2%+1.2%
1.1.3. Return on Equity

Shows how efficient Indusind is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Indusind to the Banks - Regional industry mean.
  • 13.5% Return on Equity means Indusind generated ₹0.14 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of IndusInd Bank Limited:

  • The MRQ is 13.5%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 13.5%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ13.5%TTM13.5%0.0%
TTM13.5%YOY9.5%+4.0%
TTM13.5%5Y10.7%+2.9%
5Y10.7%10Y12.8%-2.1%
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ13.5%1.4%+12.1%
TTM13.5%2.5%+11.0%
YOY9.5%2.7%+6.8%
5Y10.7%2.5%+8.2%
10Y12.8%2.8%+10.0%

1.2. Operating Efficiency of IndusInd Bank Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Indusind is operating .

  • Measures how much profit Indusind makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Indusind to the Banks - Regional industry mean.
  • An Operating Margin of 36.9% means the company generated ₹0.37  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of IndusInd Bank Limited:

  • The MRQ is 36.9%. The company is operating very efficient. +2
  • The TTM is 36.9%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ36.9%TTM36.9%0.0%
TTM36.9%YOY27.3%+9.6%
TTM36.9%5Y47.6%-10.7%
5Y47.6%10Y92.1%-44.5%
1.2.2. Operating Ratio

Measures how efficient Indusind is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • An Operation Ratio of 0.44 means that the operating costs are ₹0.44 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of IndusInd Bank Limited:

  • The MRQ is 0.440. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.440. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.440TTM0.4400.000
TTM0.440YOY0.520-0.080
TTM0.4405Y0.486-0.046
5Y0.48610Y0.478+0.008

1.3. Liquidity of IndusInd Bank Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Indusind is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Banks - Regional industry mean).
  • A Current Ratio of 8.22 means the company has ₹8.22 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of IndusInd Bank Limited:

  • The MRQ is 8.218. The company is very able to pay all its short-term debts. +2
  • The TTM is 8.218. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ8.218TTM8.2180.000
TTM8.218YOY7.409+0.809
TTM8.2185Y12.135-3.917
5Y12.13510Y6.143+5.992
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
TTM8.2180.124+8.094
YOY7.4090.225+7.184
5Y12.1350.219+11.916
10Y6.1430.131+6.012
1.3.2. Quick Ratio

Measures if Indusind is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Indusind to the Banks - Regional industry mean.
  • A Quick Ratio of -7.15 means the company can pay off ₹-7.15 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of IndusInd Bank Limited:

  • The MRQ is -7.151. The company is unable to pay all its short-term debts with the most liquid assets. -2
  • The TTM is -7.151. The company is unable to pay all its short-term debts with the most liquid assets. -2
Trends
Current periodCompared to+/- 
MRQ-7.151TTM-7.1510.000
TTM-7.151YOY-28.233+21.082
TTM-7.1515Y-0.905-6.246
5Y-0.90510Y-0.364-0.541

1.4. Solvency of IndusInd Bank Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Indusind assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Indusind to Banks - Regional industry mean.
  • A Debt to Asset Ratio of 0.88 means that Indusind assets are financed with 88.0% credit (debt) and the remaining percentage (100% - 88.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of IndusInd Bank Limited:

  • The MRQ is 0.880. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.880. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.880TTM0.8800.000
TTM0.880YOY0.874+0.006
TTM0.8805Y0.881-0.001
5Y0.88110Y0.885-0.004
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8800.915-0.035
TTM0.8800.917-0.037
YOY0.8740.919-0.045
5Y0.8810.919-0.038
10Y0.8850.927-0.042
1.4.2. Debt to Equity Ratio

Measures if Indusind is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Indusind to the Banks - Regional industry mean.
  • A Debt to Equity ratio of 732.4% means that company has ₹7.32 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of IndusInd Bank Limited:

  • The MRQ is 7.324. The company is unable to pay all its debts with equity. -1
  • The TTM is 7.324. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ7.324TTM7.3240.000
TTM7.324YOY6.957+0.366
TTM7.3245Y7.490-0.166
5Y7.49010Y7.819-0.329
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
MRQ7.32410.829-3.505
TTM7.32411.013-3.689
YOY6.95711.363-4.406
5Y7.49011.437-3.947
10Y7.81913.038-5.219

2. Market Valuation of IndusInd Bank Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings Indusind generates.

  • Above 15 is considered overpriced but always compare Indusind to the Banks - Regional industry mean.
  • A PE ratio of 11.17 means the investor is paying ₹11.17 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of IndusInd Bank Limited:

  • The EOD is 16.239. Based on the earnings, the company is fair priced.
  • The MRQ is 11.167. Based on the earnings, the company is underpriced. +1
  • The TTM is 11.167. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD16.239MRQ11.167+5.072
MRQ11.167TTM11.1670.000
TTM11.167YOY15.152-3.985
TTM11.1675Y19.956-8.789
5Y19.95610Y27.636-7.680
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD16.2397.491+8.748
MRQ11.1676.680+4.487
TTM11.1675.295+5.872
YOY15.1526.943+8.209
5Y19.9569.770+10.186
10Y27.6369.943+17.693
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of IndusInd Bank Limited:

  • The EOD is -9.289. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -6.388. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -6.388. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-9.289MRQ-6.388-2.901
MRQ-6.388TTM-6.3880.000
TTM-6.388YOY4.478-10.866
TTM-6.3885Y-4.400-1.988
5Y-4.40010Y-15.356+10.957
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD-9.289-2.094-7.195
MRQ-6.388-1.868-4.520
TTM-6.388-0.342-6.046
YOY4.4786.448-1.970
5Y-4.4000.429-4.829
10Y-15.3560.091-15.447
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Indusind is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Banks - Regional industry mean).
  • A PB ratio of 1.51 means the investor is paying ₹1.51 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of IndusInd Bank Limited:

  • The EOD is 2.198. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.511. Based on the equity, the company is underpriced. +1
  • The TTM is 1.511. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.198MRQ1.511+0.686
MRQ1.511TTM1.5110.000
TTM1.511YOY1.441+0.070
TTM1.5115Y2.088-0.577
5Y2.08810Y3.673-1.585
Compared to industry (Banks - Regional)
PeriodCompanyIndustry (mean)+/- 
EOD2.1980.433+1.765
MRQ1.5110.386+1.125
TTM1.5110.470+1.041
YOY1.4410.642+0.799
5Y2.0880.795+1.293
10Y3.6731.025+2.648
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of IndusInd Bank Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--57.66557.6650%45.297+27%80.070-28%60.865-5%
Book Value Per Share--706.680706.6800%649.015+9%558.710+26%384.542+84%
Current Ratio--8.2188.2180%7.409+11%12.135-32%6.143+34%
Debt To Asset Ratio--0.8800.8800%0.874+1%0.8810%0.885-1%
Debt To Equity Ratio--7.3247.3240%6.957+5%7.490-2%7.819-6%
Dividend Per Share--8.4658.4650%4.972+70%6.687+27%5.158+64%
Eps--95.63195.6310%61.733+55%58.939+62%44.839+113%
Free Cash Flow Per Share---167.191-167.1910%208.876-180%70.710-336%7.612-2296%
Free Cash Flow To Equity Per Share---152.868-152.8680%153.603-200%106.785-243%61.523-348%
Gross Profit Margin--0.9870.9870%0.986+0%0.986+0%0.985+0%
Intrinsic Value_10Y_max--2661.900--------
Intrinsic Value_10Y_min---530.130--------
Intrinsic Value_1Y_max--218.837--------
Intrinsic Value_1Y_min---7.779--------
Intrinsic Value_3Y_max--694.025--------
Intrinsic Value_3Y_min---62.785--------
Intrinsic Value_5Y_max--1213.234--------
Intrinsic Value_5Y_min---160.563--------
Market Cap1208782246272.000+31%831242111980.800831242111980.8000%728071418649.600+14%792223274887.680+5%830226361284.480+0%
Net Profit Margin--0.2890.2890%0.218+33%0.226+28%0.260+11%
Operating Margin--0.3690.3690%0.273+35%0.476-22%0.921-60%
Operating Ratio--0.4400.4400%0.520-15%0.486-9%0.478-8%
Pb Ratio2.198+31%1.5111.5110%1.441+5%2.088-28%3.673-59%
Pe Ratio16.239+31%11.16711.1670%15.152-26%19.956-44%27.636-60%
Price Per Share1553.000+31%1067.9501067.9500%935.400+14%1017.820+5%1066.645+0%
Price To Free Cash Flow Ratio-9.289-45%-6.388-6.3880%4.478-243%-4.400-31%-15.356+140%
Price To Total Gains Ratio23.484+31%16.14916.1490%18.608-13%17.207-6%23.157-30%
Quick Ratio---7.151-7.1510%-28.233+295%-0.905-87%-0.364-95%
Return On Assets--0.0160.0160%0.012+36%0.013+30%0.014+13%
Return On Equity--0.1350.1350%0.095+42%0.107+27%0.128+6%
Total Gains Per Share--66.13066.1300%50.269+32%86.757-24%66.023+0%
Usd Book Value--6600554400.0006600554400.0000%6061954104.000+9%5218479168.000+26%3591713812.800+84%
Usd Book Value Change Per Share--0.6920.6920%0.544+27%0.961-28%0.730-5%
Usd Book Value Per Share--8.4808.4800%7.788+9%6.705+26%4.615+84%
Usd Dividend Per Share--0.1020.1020%0.060+70%0.080+27%0.062+64%
Usd Eps--1.1481.1480%0.741+55%0.707+62%0.538+113%
Usd Free Cash Flow---1561605600.000-1561605600.0000%1950946608.000-180%660450962.400-336%71098227.600-2296%
Usd Free Cash Flow Per Share---2.006-2.0060%2.507-180%0.849-336%0.091-2296%
Usd Free Cash Flow To Equity Per Share---1.834-1.8340%1.843-200%1.281-243%0.738-348%
Usd Market Cap14505386955.264+31%9974905343.7709974905343.7700%8736857023.795+14%9506679298.652+5%9962716335.414+0%
Usd Price Per Share18.636+31%12.81512.8150%11.225+14%12.214+5%12.800+0%
Usd Profit--893219736.000893219736.0000%576604560.000+55%550501576.800+62%418798843.200+113%
Usd Revenue--3091786800.0003091786800.0000%2645184612.000+17%2402217309.600+29%1689660406.800+83%
Usd Total Gains Per Share--0.7940.7940%0.603+32%1.041-24%0.792+0%
 EOD+5 -3MRQTTM+0 -0YOY+26 -105Y+22 -1410Y+24 -12

3.2. Fundamental Score

Let's check the fundamental score of IndusInd Bank Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1516.239
Price to Book Ratio (EOD)Between0-12.198
Net Profit Margin (MRQ)Greater than00.289
Operating Margin (MRQ)Greater than00.369
Quick Ratio (MRQ)Greater than1-7.151
Current Ratio (MRQ)Greater than18.218
Debt to Asset Ratio (MRQ)Less than10.880
Debt to Equity Ratio (MRQ)Less than17.324
Return on Equity (MRQ)Greater than0.150.135
Return on Assets (MRQ)Greater than0.050.016
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of IndusInd Bank Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.815
Ma 20Greater thanMa 501,506.923
Ma 50Greater thanMa 1001,509.579
Ma 100Greater thanMa 2001,527.308
OpenGreater thanClose1,534.750
Total2/5 (40.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets4,578,366,300
Total Liabilities4,028,320,100
Total Stockholder Equity550,046,200
 As reported
Total Liabilities 4,028,320,100
Total Stockholder Equity+ 550,046,200
Total Assets = 4,578,366,300

Assets

Total Assets4,578,366,300
Total Current Assets150,412,377
Long-term Assets20,789,279
Total Current Assets
Cash And Cash Equivalents 567,767,600
Short-term Investments -417,355,223
Net Receivables 136,059,488
Inventory -728,416,701
Other Current Assets 592,357,213
Total Current Assets  (as reported)150,412,377
Total Current Assets  (calculated)150,412,377
+/-0
Long-term Assets
Property Plant Equipment 20,789,300
Long Term Investments 830,756,800
Long-term Assets Other -830,756,821
Long-term Assets  (as reported)20,789,279
Long-term Assets  (calculated)20,789,279
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities18,302,944
Long-term Liabilities290,899,342
Total Stockholder Equity550,046,200
Total Current Liabilities
Short-term Debt 17,739,532
Accounts payable 18,302,944
Other Current Liabilities -18,302,944
Total Current Liabilities  (as reported)18,302,944
Total Current Liabilities  (calculated)17,739,532
+/- 563,412
Long-term Liabilities
Long term Debt Total 490,112,300
Capital Lease Obligations Min Short Term Debt-17,739,532
Long-term Liabilities  (as reported)290,899,342
Long-term Liabilities  (calculated)472,372,768
+/- 181,473,426
Total Stockholder Equity
Common Stock7,759,000
Retained Earnings 241,763,013
Accumulated Other Comprehensive Income 111,186,064
Capital Surplus 185,285,006
Total Stockholder Equity (as reported)550,046,200
Total Stockholder Equity (calculated)545,993,083
+/- 4,053,117
Other
Capital Stock7,759,000
Cash and Short Term Investments 150,412,377
Common Stock Shares Outstanding 776,255
Current Deferred Revenue563,412
Liabilities and Stockholders Equity 4,578,366,300
Net Debt -77,655,300
Net Invested Capital 1,040,158,500
Net Tangible Assets 550,046,134
Net Working Capital 132,109,433
Property Plant and Equipment Gross 47,775,370
Short Long Term Debt Total 490,112,300



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-31
> Total Assets 
156,220,052
176,225,197
209,271,406
232,618,819
276,146,825
353,695,244
456,358,414
575,960,697
733,065,154
870,259,306
1,091,159,187
1,400,569,928
1,786,484,138
2,216,277,770
2,778,207,000
3,072,286,047
3,629,033,004
4,019,673,756
4,578,366,300
4,578,366,3004,019,673,7563,629,033,0043,072,286,0472,778,207,0002,216,277,7701,786,484,1381,400,569,9281,091,159,187870,259,306733,065,154575,960,697456,358,414353,695,244276,146,825232,618,819209,271,406176,225,197156,220,052
   > Total Current Assets 
0
0
0
0
0
0
0
0
0
125,985,001
206,282,997
115,769,901
202,620,539
157,848,655
171,194,432
37,798,838
400,875,021
97,132,275
150,412,377
150,412,37797,132,275400,875,02137,798,838171,194,432157,848,655202,620,539115,769,901206,282,997125,985,001000000000
       Cash And Cash Equivalents 
11,545,940
14,805,043
25,953,970
21,780,332
19,236,947
26,031,849
40,245,989
55,396,218
82,316,774
84,127,061
127,601,737
101,118,715
186,282,542
132,158,774
147,834,007
160,541,059
566,098,889
685,847,078
567,767,600
567,767,600685,847,078566,098,889160,541,059147,834,007132,158,774186,282,542101,118,715127,601,73784,127,06182,316,77455,396,21840,245,98926,031,84919,236,94721,780,33225,953,97014,805,04311,545,940
       Short-term Investments 
0
0
0
0
0
0
0
0
0
49,342,644
86,820,318
0
0
0
0
-122,742,221
-165,223,868
-588,714,803
-417,355,223
-417,355,223-588,714,803-165,223,868-122,742,221000086,820,31849,342,644000000000
       Net Receivables 
0
0
1,684,359
0
0
0
0
3,557,855
16,139,253
26,773,023
25,583,753
18,321,376
49,486,871
57,089,485
23,360,425
38,719,547
54,876,620
121,444,617
136,059,488
136,059,488121,444,61754,876,62038,719,54723,360,42557,089,48549,486,87118,321,37625,583,75326,773,02316,139,2533,557,85500001,684,35900
       Other Current Assets 
0
0
0
0
0
0
0
0
0
48,119,538
44,898,723
52,011,019
82,173,384
120,899,871
119,862,607
190,611,046
590,376,021
706,652,613
592,357,213
592,357,213706,652,613590,376,021190,611,046119,862,607120,899,87182,173,38452,011,01944,898,72348,119,538000000000
   > Long-term Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
609,780,554
18,708,756
18,757,448
19,287,516
20,789,279
20,789,27919,287,51618,757,44818,708,756609,780,55400000000000000
       Property Plant Equipment 
3,244,957
3,395,879
3,695,699
6,251,484
6,231,934
6,448,306
5,964,591
6,567,985
7,561,418
10,164,472
11,575,774
12,553,239
13,352,328
13,387,531
17,100,116
18,708,756
18,757,448
19,287,516
20,789,300
20,789,30019,287,51618,757,44818,708,75617,100,11613,387,53113,352,32812,553,23911,575,77410,164,4727,561,4186,567,9855,964,5916,448,3066,231,9346,251,4843,695,6993,395,8793,244,957
       Long Term Investments 
0
0
0
0
0
0
0
0
0
164,217,686
157,897,679
336,523,398
364,271,182
498,039,539
592,680,438
599,384,409
696,534,200
709,298,900
830,756,800
830,756,800709,298,900696,534,200599,384,409592,680,438498,039,539364,271,182336,523,398157,897,679164,217,686000000000
       Earning Assets 
0
0
0
0
0
0
0
0
0
0
0
379,833,670
500,158,685
549,137,399
626,381,351
623,334,979
696,534,200
0
0
00696,534,200623,334,979626,381,351549,137,399500,158,685379,833,67000000000000
> Total Liabilities 
147,927,640
167,564,608
198,703,525
219,121,685
259,502,883
329,722,931
415,856,296
528,543,617
656,762,618
779,829,682
984,713,843
1,223,610,174
1,580,022,929
1,977,845,177
2,511,334,548
2,689,906,730
3,159,127,495
3,514,510,914
4,028,320,100
4,028,320,1003,514,510,9143,159,127,4952,689,906,7302,511,334,5481,977,845,1771,580,022,9291,223,610,174984,713,843779,829,682656,762,618528,543,617415,856,296329,722,931259,502,883219,121,685198,703,525167,564,608147,927,640
   > Total Current Liabilities 
0
0
0
0
0
0
0
0
0
707,440,427
876,465,101
1,116,385,447
1,404,984,083
1,693,893,926
11,843,665
12,766,046
14,508,118
13,110,190
18,302,944
18,302,94413,110,19014,508,11812,766,04611,843,6651,693,893,9261,404,984,0831,116,385,447876,465,101707,440,427000000000
       Short-term Debt 
0
0
0
0
0
0
0
0
0
147,619,570
124,492,462
170,067,248
123,782,243
162,943,600
249,200,200
3,512,632
7,317,360
6,387,601
17,739,532
17,739,5326,387,6017,317,3603,512,632249,200,200162,943,600123,782,243170,067,248124,492,462147,619,570000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
147,619,570
124,492,462
170,067,248
123,782,243
162,943,600
249,200,200
0
0
0
0
0000249,200,200162,943,600123,782,243170,067,248124,492,462147,619,570000000000
       Accounts payable 
0
0
1,810,820
0
0
0
0
3,179,666
3,999,985
5,330,039
4,528,301
7,891,918
9,476,127
7,882,011
11,843,665
12,766,046
14,508,118
13,110,190
18,302,944
18,302,94413,110,19014,508,11812,766,04611,843,6657,882,0119,476,1277,891,9184,528,3015,330,0393,999,9853,179,66600001,810,82000
       Other Current Liabilities 
0
0
0
0
0
0
0
0
0
5,262,565
6,100,696
8,422,820
6,003,485
6,676,572
-11,843,665
-12,766,046
-14,508,118
-13,110,190
-18,302,944
-18,302,944-13,110,190-14,508,118-12,766,046-11,843,6656,676,5726,003,4858,422,8206,100,6965,262,565000000000
   > Long-term Liabilities 
6,106,199
5,349,498
14,385,076
10,954,346
18,564,553
49,342,897
55,254,239
86,820,136
98,108,271
150,180,524
209,732,324
226,758,967
230,540,428
389,567,354
478,947,851
250,266,194
286,509,618
307,370,331
290,899,342
290,899,342307,370,331286,509,618250,266,194478,947,851389,567,354230,540,428226,758,967209,732,324150,180,52498,108,27186,820,13655,254,23949,342,89718,564,55310,954,34614,385,0765,349,4986,106,199
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
249,958,648
224,536,943
382,890,782
473,211,224
607,535,494
513,228,118
473,232,300
490,112,300
490,112,300473,232,300513,228,118607,535,494473,211,224382,890,782224,536,943249,958,64800000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
16,594,655
26,560,642
55,733,327
74,284,146
64,004,069
71,863,963
79,465,291
100,971,362
111,130,351
147,257,345
147,257,345111,130,351100,971,36279,465,29171,863,96364,004,06974,284,14655,733,32726,560,64216,594,655000000000
> Total Stockholder Equity
8,292,412
8,660,589
10,567,881
13,497,134
16,643,942
23,972,313
40,502,118
47,417,080
76,302,536
90,429,624
106,445,344
176,959,754
206,461,209
238,432,593
266,872,452
382,379,317
469,905,509
505,162,842
550,046,200
550,046,200505,162,842469,905,509382,379,317266,872,452238,432,593206,461,209176,959,754106,445,34490,429,62476,302,53647,417,08040,502,11823,972,31316,643,94213,497,13410,567,8818,660,5898,292,412
   Common Stock
2,905,097
2,905,097
3,200,000
3,200,000
3,551,921
4,106,467
4,659,659
4,677,021
5,228,698
5,256,386
5,294,502
5,949,863
5,981,487
6,002,232
6,026,869
6,935,357
7,733,723
7,746,632
7,759,000
7,759,0007,746,6327,733,7236,935,3576,026,8696,002,2325,981,4875,949,8635,294,5025,256,3865,228,6984,677,0214,659,6594,106,4673,551,9213,200,0003,200,0002,905,0972,905,097
   Retained Earnings 
808,064
1,858,926
2,113,912
0
0
0
7,143,622
11,875,901
17,909,295
26,233,340
36,640,165
50,134,532
71,183,807
93,131,072
111,082,122
135,251,990
160,638,491
192,523,056
241,763,013
241,763,013192,523,056160,638,491135,251,990111,082,12293,131,07271,183,80750,134,53236,640,16526,233,34017,909,29511,875,9017,143,6220002,113,9121,858,926808,064
   Capital Surplus 
0
0
0
0
0
0
0
0
0
0
0
92,741,055
93,694,205
94,711,541
95,729,189
124,260,931
183,592,370
184,440,246
185,285,006
185,285,006184,440,246183,592,370124,260,93195,729,18994,711,54193,694,20592,741,05500000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
4,579,251
3,896,566
5,253,969
13,841,184
17,066,126
24,407,106
34,465,742
35,551,111
58,508,495
65,079,176
71,598,455
129,253,391
139,447,531
151,373,592
163,847,850
-208,241,854
222,514,469
213,362,345
189,338,123
189,338,123213,362,345222,514,469-208,241,854163,847,850151,373,592139,447,531129,253,39171,598,45565,079,17658,508,49535,551,11134,465,74224,407,10617,066,12613,841,1845,253,9693,896,5664,579,251



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue257,648,900
Cost of Revenue-0
Gross Profit257,648,900257,648,900
 
Operating Income (+$)
Gross Profit257,648,900
Operating Expense-113,458,700
Operating Income95,062,178144,190,200
 
Operating Expense (+$)
Research Development0
Selling General Administrative659,402
Selling And Marketing Expenses951,169
Operating Expense113,458,7001,610,571
 
Net Interest Income (+$)
Interest Income363,679,200
Interest Expense-187,758,000
Other Finance Cost-0
Net Interest Income175,921,200
 
Pretax Income (+$)
Operating Income95,062,178
Net Interest Income175,921,200
Other Non-Operating Income Expenses0
Income Before Tax (EBT)99,321,900-4,072,100
EBIT - interestExpense = -92,695,822
99,325,578
262,192,978
Interest Expense187,758,000
Earnings Before Interest and Taxes (EBIT)95,062,178287,079,900
Earnings Before Interest and Taxes (EBITDA)99,134,278
 
After tax Income (+$)
Income Before Tax99,321,900
Tax Provision-24,890,600
Net Income From Continuing Ops74,434,90074,431,300
Net Income74,434,978
Net Income Applicable To Common Shares74,434,900
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses113,455,034
Total Other Income/Expenses Net99,134,278-175,921,200
 

Technical Analysis of Indusind
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Indusind. The general trend of Indusind is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Indusind's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of IndusInd Bank Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 1,572 < 1,695.

The bearish price targets are: 1,431 > 1,428 > 1,423.

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IndusInd Bank Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of IndusInd Bank Limited. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

IndusInd Bank Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of IndusInd Bank Limited. The current macd is 1.58089016.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Indusind price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Indusind. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Indusind price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
IndusInd Bank Limited Daily Moving Average Convergence/Divergence (MACD) ChartIndusInd Bank Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of IndusInd Bank Limited. The current adx is 19.40.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Indusind shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
IndusInd Bank Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of IndusInd Bank Limited. The current sar is 1,425.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
IndusInd Bank Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of IndusInd Bank Limited. The current rsi is 58.82. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
IndusInd Bank Limited Daily Relative Strength Index (RSI) ChartIndusInd Bank Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of IndusInd Bank Limited. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Indusind price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
IndusInd Bank Limited Daily Stochastic Oscillator ChartIndusInd Bank Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of IndusInd Bank Limited. The current cci is 92.50.

IndusInd Bank Limited Daily Commodity Channel Index (CCI) ChartIndusInd Bank Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of IndusInd Bank Limited. The current cmo is 29.31.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
IndusInd Bank Limited Daily Chande Momentum Oscillator (CMO) ChartIndusInd Bank Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of IndusInd Bank Limited. The current willr is -12.4327957.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
IndusInd Bank Limited Daily Williams %R ChartIndusInd Bank Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of IndusInd Bank Limited.

IndusInd Bank Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of IndusInd Bank Limited. The current atr is 36.14.

IndusInd Bank Limited Daily Average True Range (ATR) ChartIndusInd Bank Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of IndusInd Bank Limited. The current obv is 163,420,977.

IndusInd Bank Limited Daily On-Balance Volume (OBV) ChartIndusInd Bank Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of IndusInd Bank Limited. The current mfi is 60.97.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
IndusInd Bank Limited Daily Money Flow Index (MFI) ChartIndusInd Bank Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for IndusInd Bank Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-07BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-24CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-30DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-07MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-08MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-12-11CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-26STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-29RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-02SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-04SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-05RSI SHORT ENTRY LONG CLOSE70 crossover to downside
2024-01-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-15BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-01-16RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-19WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-23STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-08STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-20MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-22STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-05BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-13DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-03-15MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-22CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-03-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

IndusInd Bank Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of IndusInd Bank Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5058.815
Ma 20Greater thanMa 501,506.923
Ma 50Greater thanMa 1001,509.579
Ma 100Greater thanMa 2001,527.308
OpenGreater thanClose1,534.750
Total2/5 (40.0%)
Penke

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