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Motilal Oswal is bullish on Indian Bank recommended buy rating on the stock with a target price of Rs 525 in its research report dated January 24, 2024.

Buy Indian Bank; target of Rs 525: Motilal Oswal

The FACT price is trading above the breakout from ascending triangle pattern, signalling a bullish bias. The closing above its previous high and record high closing indicate strength in the stock.

Chartist Talks | Ashish Kyal bullish on Nifty IT, recommends top 5 Budget picks

Indian Bank engages in the provision of banking products and services. It operates through the following segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. It offers NRI-Foreign Exchange, Applications Supported by Blocked Amount for IPO, wealth management services, supreme current accounts, educational loan, centralized pension processing, interest subsidy for educational loans, and financial inclusion plan. The company was founded by V. Krishnaswamy Iyer on March 5, 1907 and is headquartered in Chennai, India.

Indian Bank

Volume	1.74M
52-Wk High	573.75
52-Wk Low	268.00

INDIANB.NSE Indian Bank

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