IndusInd Bank Share Price Target 2024, 2025, 2026 to 2030

Leading Indian private sector bank INDUSIND BANK has experienced fluctuations in the value of its stock over time. Investors have been keenly monitoring the bank’s performance from its whole high in 2018 to its sharp decrease due to the pandemic in 2020. The issue on everyone’s mind is whether IndusInd Bank is a decent stock to buy, though, as the economy is showing signs of revival and the bank’s most recent financial results suggest favorable growth.

In this article, we will examine the share price target for IndusInd Bank for the years 2024 to 2030 and examine the potential influences on the company’s future performance.

IndusInd Bank Q2 2023 Financial Highlights: A Snapshot of Performance

  • Consolidated Net Profit: Increased by 22% YoY to Rs 2,202 crore.
  • Total Income from Operations: Rose over 26% on year to Rs 13,529 crore.
  • Net Interest Income (NII): Increased by 18% YoY to Rs 5,077 crore.
  • Provisions: Stood at Rs 974 crore for the quarter, compared to Rs 1,141 crore a year ago.
  • Operating Profit: Rose by 10.3% YoY to Rs 3,909 crore.
  • Net Interest Margin (NIM): Stood at 4.29%, compared to 4.24% a year ago.
  • Gross Non-Performing Assets (NPA) Ratio: Improved to 1.93% from 2.11% a year ago.
  • Net NPA Ratio: Decreased to 0.57% from 0.61% a year ago.
  • Provision Coverage Ratio: Stood at 71% as of September 30.
  • Yield on Assets: Stood at 9.69% for the quarter, up from 8.65% a year ago.
  • Cost of Fund: Increased to 5.40%, compared to 4.41% in the corresponding period last year.
  • Other Income: Rs 2,282 crore for the quarter, growing 13% YoY.
  • Core Fee Income: Grew by 13% YoY to Rs 2,120 crore.
  • Operating Expenses: Increased by 25% YoY to Rs 3,450 crore.
  • Balance Sheet Growth: Rs 4.78 lakh crore, showing a 12% growth from the same period last year.
  • Deposits: Rs 3.59 lakh crore, an increase of 14% over the last year.
  • CASA Deposits: Increased to Rs 1.41 lakh crore, comprising 39% of total deposits.
  • Advances: Stood at Rs 3.15 lakh crore against Rs 2.60 lakh crore a year ago.
  • Market Reaction: Shares ended 1% down on the National Stock Exchange at Rs 1,420.35.

How to purchase IndusInd Bank shares?

Below are the trading platforms that you can use to purchase IndusInd Bank shares:

➤ Zerodha

➤ Upstox

➤ Groww

➤ AngelOne

➤ ICICIDirect

IndusInd Bank Share Price Prediction: 2024 to 2030

IndusInd Bank Share Price Target 2024

When Maximum Price Minimum Price
January 2024 1,757.16 1,527.97
February 2024 1,793.02 1,559.15
March 2024 1,829.61 1,590.97
April 2024 1,776.32 1,544.63
May 2024 1,750.07 1,521.80
June 2024 1,813.07 1,576.59
July 2024 1,794.94 1,560.82
August 2024 1,866.74 1,623.25
September 2024 1,941.41 1,688.18
October 2024 1,903.34 1,655.08
November 2024 1,960.44 1,704.73
December 2024 2,009.46 1,747.35

In January 2024, IndusInd Bank’s share price is projected to fluctuate between a maximum of ₹1,757.16 and a minimum of ₹1,527.97. Throughout the year, the forecasted share prices vary, with the maximum reaching ₹2,009.46 and the minimum at ₹1,521.80.

The bank’s market cap is ₹1,26,518 Cr., and as of January 8, 2024, the current share price stands at ₹1,627. Investors should closely monitor the market dynamics and financial performance for potential shifts in IndusInd Bank’s valuation.

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IndusInd Bank Share Price Target 2025

When Maximum Price Minimum Price
January 2025 2,049.64 1,576.65
February 2025 2,102.20 1,617.08
March 2025 2,184.19 1,680.14
April 2025 2,141.36 1,647.20
May 2025 2,078.99 1,599.22
June 2025 2,172.54 1,671.19
July 2025 2,129.94 1,638.42
August 2025 2,195.82 1,689.09
September 2025 2,272.67 1,748.21
October 2025 2,331.76 1,793.66
November 2025 2,390.06 1,838.50
December 2025 2,449.81 1,884.47

In 2025, IndusInd Bank’s share price is anticipated to witness fluctuations, with the maximum projected at ₹2,449.81 and the minimum at ₹1,576.65 in January. As the year progresses, the share prices are forecasted to rise steadily, reaching a maximum of ₹2,449.81 and a minimum of ₹1,599.22 in December.

IndusInd Bank Share Price Target 2026

When Maximum Price Minimum Price
January 2026 2,523.30 1,941.00
February 2026 2,588.00 1,990.77
March 2026 2,688.93 2,068.41
April 2026 2,636.21 2,027.85
May 2026 2,559.43 1,968.79
June 2026 2,674.60 2,057.39
July 2026 2,622.16 2,017.04
August 2026 2,703.26 2,079.43
September 2026 2,797.87 2,152.21
October 2026 2,870.61 2,208.16
November 2026 2,942.38 2,263.37
December 2026 3,015.94 2,319.95

In 2026, IndusInd Bank, India’s first private sector bank, is expected to experience significant fluctuations in its share prices. The year begins with a maximum price of ₹3,015.94 and a minimum of ₹1,941.00 in January, with subsequent months showing a steady upward trend. Investors should closely monitor these projections, reflecting the bank’s resilience and growth potential in the private banking sector, as it continues to play a pivotal role in India’s financial landscape.

IndusInd Bank Share Price Target 2027

When Maximum Price Minimum Price
January 2027 3,076.26 2,366.35
February 2027 3,155.14 2,427.03
March 2027 3,278.19 2,521.68
April 2027 3,213.91 2,472.24
May 2027 3,120.30 2,400.23
June 2027 3,260.71 2,508.24
July 2027 3,196.78 2,459.06
August 2027 3,295.65 2,535.11
September 2027 3,410.99 2,623.84
October 2027 3,499.68 2,692.06
November 2027 3,587.17 2,759.36
December 2027 3,676.85 2,828.35

IndusInd Bank Share Price Target 2028

When Maximum Price Minimum Price
January 2028 3,750.39 2,884.91
February 2028 3,846.55 2,958.89
March 2028 3,996.57 3,074.28
April 2028 3,918.20 3,014.00
May 2028 3,804.08 2,926.22
June 2028 3,975.27 3,057.90
July 2028 3,897.32 2,997.94
August 2028 4,017.85 3,090.66
September 2028 4,158.48 3,198.83
October 2028 4,266.60 3,282.00
November 2028 4,373.26 3,364.05
December 2028 4,482.60 3,448.15

IndusInd Bank Share Price Target 2029

When Maximum Price Minimum Price
January 2029 4,572.25 3,517.11
February 2029 4,689.49 3,607.30
March 2029 4,872.38 3,747.98
April 2029 4,776.84 3,674.49
May 2029 4,637.71 3,567.47
June 2029 4,846.40 3,728.00
July 2029 4,751.38 3,654.91
August 2029 4,898.33 3,767.94
September 2029 5,069.77 3,899.82
October 2029 5,201.58 4,001.22
November 2029 5,331.62 4,101.25
December 2029 5,464.91 4,203.78

IndusInd Bank Share Price Target 2030

When Maximum Price Minimum Price
January 2030 5,574.21 4,287.85
February 2030 5,717.14 4,397.80
March 2030 5,940.11 4,569.31
April 2030 5,823.63 4,479.72
May 2030 5,654.01 4,349.24
June 2030 5,908.44 4,544.96
July 2030 5,792.59 4,455.84
August 2030 5,971.74 4,593.65
September 2030 6,180.76 4,754.43
October 2030 6,341.46 4,878.04
November 2030 6,499.99 4,999.99
December 2030 6,662.49 5,124.99

Financial Condition of IndusInd Bank: Last 5 years

2019 2020 2021 2022 2023
Revenue (Rs. Crores) 22,261 28,783 29,000 30,822 36,368
Interest (Rs. Crores) 13,415 16,724 15,472 15,822 18,776
Expenses + (Rs. Crores) 9,283 12,611 15,997 15,840 15,525
Financing Profit (Rs. Crores) -437 -553 -2,469 -839 2,067
Financing Margin (%) -2% -2% -9% -3% 6%
Other Income + (Rs. Crores) 5,647 6,951 6,559 7,334 8,166
Depreciation (Rs. Crores) 229 278 305 321 373
Profit Before Tax (Rs. Crores) 4,981 6,121 3,784 6,174 9,860
Tax (%) 34% 28% 25% 25% 25%
Net Profit + (Rs. Crores) 3,301 4,418 2,836 4,611 7,390
EPS (Rs.) 54.77 63.70 36.68 59.52 95.24
Dividend Payout (%) 14% 0% 14% 14% 15%

Over the years from 2019 to 2023, IndusInd Bank displayed dynamic financial performance. Revenue consistently increased, reaching Rs. 36,368 crores in 2023. Despite challenges, the bank navigated through interest, expenses, and financing profit fluctuations. The Financing Margin improved from -2% to 6%. Other income showed a steady rise, contributing to a robust Profit Before Tax, which witnessed significant growth from Rs. 4,981 crores in 2019 to Rs. 9,860 crores in 2023. Net Profit and Earnings Per Share (EPS) also experienced substantial increases.

IndusInd Bank share price target by Experts

Sharekhan on IndusInd Bank share price target

Sharekhan has given a buy recommendation for IndusInd Bank, with a target price of Rs 1850, as per its research report dated December 26, 2023.

Emkay Global Financial on IndusInd Bank Ltd share price target

Indicating a positive outlook, Emkay Global Financial has issued a buy rating for IndusInd Bank, setting a target price of Rs 2000 in its research report dated December 19, 2023.

FAQS

What is the current share price of IndusInd Bank?

As of January 8, 2023, the current share price of IndusInd Bank is ₹1,627.

What is the share price target for IndusInd Bank in 2025?

The share price target for IndusInd Bank in 2025 is estimated to be between ₹1,576.65 and ₹2,449.81, according to financial analysts.

Can IndusInd Bank’s share price reach 5000 INR by 2025?

While it is possible for IndusInd Bank’s share price to reach 5000 INR by 2025, it would require significant growth in the bank’s financial performance and a positive market sentiment towards its stock.

What factors can impact IndusInd Bank’s share price in the coming years?

Factors such as the bank’s financial performance, economic conditions, government policies, and competition in the banking sector can all impact IndusInd Bank’s share price in the coming years.

How has IndusInd Bank’s financial performance been in recent years?

IndusInd Bank’s financial performance has shown steady growth in terms of revenue and profits over the last five years, although there have been some fluctuations in operating costs and interest expenses.

What is the dividend payout ratio for IndusInd Bank?

The dividend payout ratio for IndusInd Bank has ranged from 0% to 14.28% over the last five years, indicating that the bank may choose to retain earnings for reinvestment in the business.

What is the OPM for IndusInd Bank?

The OPM (operating profit margin) for IndusInd Bank has ranged from 44.84% to 62.07% over the last five years, indicating the bank’s ability to generate profits from its operations.

What is the current recommendation for investing in IndusInd Bank’s shares?

As of now, the recommendation for investing in IndusInd Bank’s shares is a “hold” or “neutral” position, as the bank’s share price target is still uncertain and dependent on various factors. It is always advisable to consult a financial advisor before making any investment decisions.

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Conclusion

To sum up, during the past five years, IndusInd Bank has consistently increased its income, PAT, revenue, and profit. The bank has constantly increased its activities while displaying fortitude in the face of market concerns. It is reasonable to assume that IndusInd Bank shares are a decent investment given the anticipated growth in the upcoming years, with revenue expected to reach 8,740.01 crore and a minimum price of 2,949.86 by 2030. There is a fair probability that the bank will hit its goal of 5,000 by 2025 if it keeps moving in the right direction. Investing in IndusInd Bank shares, which have a low P/E ratio of 15.2 and a dividend payout ratio of about 15%, could produce considerable gains over the long term.

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Author: Neelam KushwahaNeelam Kushwaha is a Bachelor's student in Computer Science at Hansraj College with a keen interest in finance and the stock market. She is a senior editor at Financesrule, where she shares her insights and expertise in researching stock price predictions. Neelam's analytical skills and unique perspectives make her a valuable asset to the financial community. In her free time, she enjoys reading and traveling.

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