INDIANB - Swing Trade Analysis with AI Signals
Back to List📊 Swing Trade Rating: 3.4
| Stock Code | INDIANB | Market Cap | 1,11,701 Cr. | Current Price | 830 ₹ | High / Low | 1,001 ₹ |
| Stock P/E | 9.19 | Book Value | 581 ₹ | Dividend Yield | 1.96 % | ROCE | 6.32 % |
| ROE | 16.5 % | Face Value | 10.0 ₹ | DMA 50 | 901 ₹ | DMA 200 | 814 ₹ |
| Chg in FII Hold | 0.18 % | Chg in DII Hold | -0.07 % | PAT Qtr | 3,103 Cr. | PAT Prev Qtr | 3,061 Cr. |
| RSI | 33.2 | MACD | -11.4 | Volume | 33,88,313 | Avg Vol 1Wk | 52,21,824 |
| Low price | 540 ₹ | High price | 1,001 ₹ | PEG Ratio | 0.29 | Debt to equity | 11.2 |
| 52w Index | 63.0 % | Qtr Profit Var | 4.97 % | EPS | 90.2 ₹ | Industry PE | 7.95 |
INDIANB shows strong earnings with EPS of 90.2 ₹ and consistent quarterly profits (PAT 3,103 Cr vs 3,061 Cr). Fundamentals are solid with ROE (16.5%) and a reasonable P/E (9.19 vs industry 7.95). The dividend yield (1.96%) adds value. However, technical indicators show weakness: RSI (33.2) is oversold, MACD (-11.4) is bearish, and the stock trades below its 50 DMA (901 ₹) but slightly above its 200 DMA (814 ₹). Debt-to-equity is high (11.2), typical for banks, but adds risk. Overall, the stock is undervalued fundamentally but faces short-term technical pressure.
✅ Optimal Entry Price: Around 810–830 ₹ (near DMA 200 support)
📤 Exit Strategy if Holding: Exit near 900–920 ₹ resistance zone, or if price falls below 800 ₹ support.
🌟 Positive
- Strong EPS (90.2 ₹) and consistent profit growth.
- ROE at 16.5% indicates good shareholder returns.
- Dividend yield of 1.96% provides passive income.
- FII holdings increased (+0.18%), showing foreign investor confidence.
⚠️ Limitation
- High debt-to-equity ratio (11.2), typical for banks but risky.
- RSI (33.2) indicates oversold conditions, reflecting weak momentum.
- MACD (-11.4) shows bearish trend.
- Stock trading below 50 DMA, signaling short-term weakness.
📰 Company Negative News
- Short-term technical weakness with bearish MACD and low RSI.
- DII holdings decreased (-0.07%), showing reduced domestic institutional support.
📈 Company Positive News
- Quarterly PAT stable at over 3,000 Cr.
- EPS remains strong at 90.2 ₹.
- FII holdings increased, reflecting foreign investor interest.
🏭 Industry
- Industry PE is 7.95, slightly lower than INDIANB’s 9.19, suggesting fair valuation.
- Banking sector remains strong with steady demand and profitability.
✅ Conclusion
INDIANB is a fundamentally strong candidate for swing trading with solid earnings, dividend yield, and ROE. However, technical indicators show short-term weakness. Entry near 810–830 ₹ offers a safer margin, with exit around 900–920 ₹. Traders should be cautious of bearish momentum and monitor institutional activity closely.