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Indusind Bank

Buy Indusind Bank shares

INDUSIND BANK (BOM: 532187) Shares

ABOUT INDUSIND BANK

Indusind Bank Limited (INDUSINDBK) (BOM: 532187) is a Mumbai-based Indian new generation bank that was established in 1994 and offers commercial, transactional and electronic banking products and services. Its name is derived from the Indus Valley Civilisation.

Its operations began in April 1994 under chairmanship of S.P. Hinduja with the objective of serving the NRI community. As the first among the new-generation private banks in India Indusind Bank Limited started its operations with capital of Rs. 1 billion among which Rs. 600 million was raised by Indian residents and Rs. 400 million by non-resident Indians.

Indusind Bank Limited specialises in retail banking services and continuously introduce newer technologies to upgrade its support systems and expand its network of branches across the country.

OVERVIEW OF INDUSIND BANK

  • Indusind Bank Limited has emerged as one of the fastest-growing banks in the Indian banking sector and by the end of 2018 already had 1 558 branches and 2 453 ATMs as well as representative offices in London, Dubai and Abu Dhabi.

  • Mumbai sports the most branches followed by New Delhi and Chennai. 

  • The products and services offered by Indusind Bank Limited include personal, NRI and business banking. Personal banking offers a wide range of products and services like deposits, loans, investments, insurance, forex services, online services and wealth management services.
  • NRI banking offers money transfers, investment products such as international deposits, mutual funds and online share trading, as well as property solutions and insurance loans. Business banking caters for SMEs, retail, NRI and other corporates.

VISION & VALUES OF INDUSIND BANK

  • Indusind Bank Limited follows the vision of becoming a relevant business and banking partner to all their clients, always striving to collaborate with clients in providing solutions for their banking needs.

  • Indusind Bank Limited is a leader in the marketplace in terms of profitability and efficiency and engage with stakeholders regularly to deliver sustainable returns.

  • Indusind Bank Limited’s mission is to add value to all stakeholders and emerge as the best-in-class by doubling profits, clients and branches within the next three years.
  • Indusind Bank Limited commits to its value chain to ensure it reaches its set goals, meet current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.

MARKET PERFORMANCE OF INDUSIND BANK

  • Indusind Bank Limited’s shares trade on the Bombay Stock Exchange (BSE) under the stock symbol BOM: 532187, listed in the Business Sector: Banks.

  • Indusind Bank Limited is also listed on the National Stock Exchange of India (NSE) as INDUSINDBK.

  • Highlights of Indusind Bank Limited’s recent performance include net profit of 1,383 Crores INR and EPS of 19.97 INR for the quarter ending September 2019. Annual results for the year ending March 2019 saw revenue of 182.5 billion INR, net income of 33.0 billion INR and EPS of 54.89 INR. Market Cap as at November 2019 was 13.41 billion USD or 957.57 billion INR.

  • Due to Indusind Bank Limited’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns during 2022 and in future.

LATEST NEWS INDUSIND BANK

Buy INDUSIND BANK stocks / shares – A Step by Step Guide how to Buy / Purchase INDUSIND BANK Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy INDUSIND BANK Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN INDUSIND BANK STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE INDUSIND BANK STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of INDUSIND BANK stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy INDUSIND BANK stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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