Indian Bank Share Price Target 2025, 2026, 2030, 2040, 2050
Indian Bank is a big government-owned bank in India. It was started during the Swadeshi movement, which aimed to support Indian businesses. In 2020, Allahabad Bank joined with Indian Bank, making it the 7th largest government bank in India. The bank provides many services like savings and current accounts, loans, credit cards, insurance, and online banking. It helps people, farmers, small businesses, and big companies through its many branches and ATMs all over India. It is known for supporting India’s growth and making banking easy for everyone.
- 1 What is Indian Bank Ltd NSE: INDIANB?
- 2 Indian Bank Share Price Target
- 3 Indian Bank Share Price Target 2025
- 4 Indian Bank Share Price Target 2026
- 5 Share Price Target 2027
- 6 Share Price Target 2028
- 7 Share Price Target 2029
- 8 Indian Bank share price Target 2030
- 9 Share Price Target 2040
- 10 Share Price Target 2050
- 11 Should I buy Indian Bank stock?
- 12 Indian Bank earnings results
- 13 Is Indian Bank stock good to buy? (bull case & bear case)
- 14 Conclusion
- 15 FAQs
What is Indian Bank Ltd NSE: INDIANB?
Indian Bank was established in 1907 in Chennai, Tamil Nadu, and the Government of India owns it. It is one of the big public banks in the country. The bank offers many services like savings and current accounts, loans, fixed deposits, credit cards, insurance, and online banking. In 2020, it joined with Allahabad Bank, which made it even bigger. It helps people, farmers, small businesses, and large companies through its many branches and ATMs all over India.
This bank is mostly owned by the Government of India, which makes it a government bank. As of 2025, the government owns about 73.84% of the bank, and the rest is held by other people and organisations. Because it is government-owned, the bank focuses on helping the public, keeping money safe, and supporting India’s growth. It can take part in government programs, help rural and city development, and earn people’s trust. This ownership also makes sure the bank is open, honest, and responsible in everything it does. In 2025, its share price target would be ₹967, as per stock market analysts.
According to stock market analysts, its share price would be between ₹473 to ₹967 in 2025.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 473 | 967 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 473 | 561 |
| February | 496 | 559 |
| March | 478 | 558 |
| April | 517 | 600 |
| May | 546 | 628 |
| June | 606 | 658 |
| July | 606 | 657 |
| August | 611 | 683 |
| September | 653 | 761 |
| October | 661 | 863 |
| November | 644 | 900 |
| December | 670 | 967 |
In 2020, it merged with Allahabad Bank, becoming the 7th largest government bank in India. This made the bank stronger by increasing its total money and assets to over ₹8 trillion and adding many more branches across the country. The merger helped the bank work better, save money, and serve more customers in different areas. After merging, it offers more services, reaches new places, and competes more effectively with other banks in India. In 2026, its share price target would be ₹1402, as per stock market analysts.
Its share price would be between ₹935 to ₹1402 in 2026, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 935 | 1402 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 935 | 1054 |
| February | 952 | 1084 |
| March | 984 | 1100 |
| April | 1011 | 1128 |
| May | 1042 | 1159 |
| June | 1058 | 1175 |
| July | 1075 | 1224 |
| August | 1090 | 1265 |
| September | 1120 | 1289 |
| October | 1157 | 1335 |
| November | 1182 | 1357 |
| December | 1267 | 1402 |
Its main office is in Royapettah, Chennai. It also has branches in Colombo and Singapore, and foreign currency units in Colombo and Jaffna. The bank works with over 227 banks in 75 countries to help with international trade and sending money abroad. This global reach helps it to support businesses dealing with other countries, provide foreign currency services, and improve India’s trade connections. It makes the bank an important part of both Indian and international banking. In 2027, its share price target would be ₹1828, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1335 to ₹1828 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 1335 | 1828 |
It has more than 5,900 branches and 5,400 ATMs all over India, so people can easily access its services. Its branches are in cities, towns, and villages, allowing people in remote areas to use banking facilities. This wide network helps more people get access to banking services. The bank keeps growing its branches and machines to meet the needs of more customers. It provides both regular banking and digital services, making banking simple, fast, and convenient for everyone. In 2028, its share price target would be ₹2210, as per stock market analysts.
Its share price would be between ₹1800 to ₹2210 in 2028, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 1800 | 2210 |
It offers digital banking services like mobile banking, internet banking, and UPI payments. Customers can easily check their account balance, transfer money, pay bills, and manage accounts online. The bank provides digital banking, so people don’t need to visit branches, which saves time and makes banking more convenient. The bank uses technology to keep all transactions safe, fast, and smooth. In 2029, its share price target would be ₹2573, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2175 to ₹2573 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 2175 | 2573 |
It offers many retail banking services like savings accounts, current accounts, fixed deposits, recurring deposits, personal loans, home loans, vehicle loans, education loans, and credit cards. These services are made to meet different needs, from everyday banking to long-term savings. The bank helps customers manage their money easily with simple and useful solutions. Its services are flexible, affordable, and convenient, which is why millions of people across India trust this bank for their banking needs. In 2030, its share price target would be ₹2956, as per stock market analysts.
Its share price would be between ₹2542 to ₹2956 in 2030, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 2542 | 2956 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2542 | 2685 |
| February | 2575 | 2700 |
| March | 2590 | 2741 |
| April | 2610 | 2774 |
| May | 2632 | 2790 |
| June | 2650 | 2825 |
| July | 2674 | 2841 |
| August | 2698 | 2862 |
| September | 2721 | 2884 |
| October | 2754 | 2900 |
| November | 2785 | 2923 |
| December | 2820 | 2956 |
It provides banking services for businesses, such as working capital loans, term loans, trade finance, cash management, and merchant banking. These services help companies manage money, improve cash flow, and grow their business. The bank supports small, medium, and large businesses in areas like manufacturing, services, and farming. It helps companies succeed and supports India’s economic growth, making it a trusted partner for businesses both in India and abroad. In 2040, its share price target would be ₹5140, as per stock market analysts.
According to stock market analysts, its share price would be between ₹4776 to ₹5140 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 4776 | 5140 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 4776 | 4890 |
| February | 4790 | 4910 |
| March | 4821 | 4932 |
| April | 4835 | 4965 |
| May | 4844 | 4988 |
| June | 4865 | 5010 |
| July | 4882 | 5027 |
| August | 4900 | 5042 |
| September | 4921 | 5074 |
| October | 4957 | 5090 |
| November | 4988 | 5110 |
| December | 5010 | 5140 |
It focuses on digital banking, better services for customers, and steady growth. It aims to provide more online and mobile banking services, work more efficiently, and explore new areas of business. The bank also wants to make banking available to everyone, use modern technology, and follow sustainable practices. With these goals, it aims to remain a top government-owned bank, help India’s economy grow, and offer reliable and modern banking services to all its customers. In 2050, its share price target would be ₹7590, as per stock market analysts.
Its share price would be between ₹7160 to ₹7590 in 2050, as per stock market analysts.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 7160 | 7590 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 7160 | 7281 |
| February | 7192 | 7300 |
| March | 7225 | 7321 |
| April | 7254 | 7356 |
| May | 7274 | 7385 |
| June | 7290 | 7407 |
| July | 7300 | 7424 |
| August | 7311 | 7442 |
| September | 7325 | 7480 |
| October | 7351 | 7512 |
| November | 7374 | 7532 |
| December | 7411 | 7590 |
Should I buy Indian Bank stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2025 | 473 | 967 |
| 2026 | 935 | 1402 |
| 2027 | 1335 | 1828 |
| 2028 | 1800 | 2210 |
| 2029 | 2175 | 2573 |
| 2030 | 2542 | 2956 |
| 2040 | 4776 | 5140 |
| 2050 | 7160 | 7590 |
It is a strong and trusted government-owned bank with a long history of serving people in India. It has steady profit growth, gives good dividends, and helps both individuals and businesses with many banking services. The bank has a large number of branches and ATMs in cities, towns, and villages, so even people in remote areas can access banking. It also focuses on digital banking, like mobile banking, internet banking, and UPI, to make banking easy and fast. It also supports financial inclusion, women entrepreneurs, and rural development, helping communities grow and improve their lives.
Indian Bank earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Revenue + | 21,401 | 39,108 | 38,888 | 44,985 | 55,650 | 62,039 | 63,284 |
| Interest | 13,798 | 23,439 | 22,129 | 24,717 | 32,341 | 36,826 | 37,890 |
| Expenses + | 9,238 | 18,029 | 20,285 | 21,577 | 20,342 | 19,818 | 20,223 |
| Financing Profit | -1,634 | -2,360 | -3,526 | -1,309 | 2,967 | 5,395 | 5,171 |
| Financing Margin % | -8% | -6% | -9% | -3% | 5% | 9% | 8% |
| Other Income + | 3,326 | 6,111 | 7,380 | 7,804 | 8,582 | 10,011 | 9,788 |
| Depreciation | 314 | 637 | 601 | 532 | 531 | 543 | 0 |
| Profit before tax | 1,377 | 3,115 | 3,253 | 5,963 | 11,017 | 14,864 | 14,959 |
| Tax % | 45% | 3% | -23% | 11% | 26% | 26% | |
| Net Profit + | 862 | 3,151 | 4,144 | 5,574 | 8,423 | 11,264 | 10,970 |
| EPS in Rs | 14.15 | 27.88 | 33.26 | 44.74 | 62.51 | 83.61 | 81.43 |
| Dividend Payout % | 0% | 7% | 20% | 19% | 19% | 19% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 9.69 | 1.46 | 2.09% | 17.34 | 2.36 | 1.01% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Indian Bank | 9.28 | 1.46 | 2.09% |
| State Bank of India | 10.48 | 1.61 | 1.75% |
| Bank of Baroda Ltd | 6.66 | 0.93 | 3.14% |
| Punjab National Bank | 7.29 | 1.01 | 2.47% |
Is Indian Bank stock good to buy? (bull case & bear case)

Bull Case:
- The company reported a revenue of ₹23,987 crore and a net profit of ₹6,114 crore in FY2025, showing a 10% increase in profit compared to last year.
- It increased crude oil production by 2.95%, reaching 3.46 million metric tonnes in FY2025, showing it is producing more oil efficiently.
- It gives a dividend of about 2.75% as of March 2025, so investors can earn regular income.
- Debt-to-equity ratio is 0.60 as of March 2025, which shows it manages money carefully and has low financial risk.
- The company is spending money on increasing oil production and improving facilities, which may help it grow in the future.
Bear Case:
- The company’s net profit fell by 45% to ₹813 crore in Q1 FY2025-26, mainly because oil prices went down.
- The company’s revenue stayed the same at ₹23,987 crore in FY2025, showing limited growth.
- The company’s performance can be affected by changes in global oil prices and government rules, which may cause problems.
Conclusion
It is a strong and reliable government-owned bank that has been helping people and businesses in India for many years. It has steady profits, pays good dividends, and offers many services like savings and current accounts, loans, credit cards, insurance, and online banking. The bank has many branches and ATMs in cities, towns, and villages, so even people in remote areas can easily use its services. It also focuses on digital banking, making banking simple for everyone, and supports women entrepreneurs and rural development.

