Indbank Merchant Banking Services Share Price

Indbank Merchant Banking Services Investment Rating

• Master Rating:

• Indbank Merchant Banking Svcs has an operating revenue of Rs. 17.22 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 49% is great, ROE of 9% is fair but needs improvement. The stock from a technical standpoint is trading close to its 200DMA and around 10% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 59 which is a POOR score indicating inconsistency in earnings, a RS Rating of 35 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 148 indicates it belongs to a poor industry group of Finance-Invest Bnk/Bkrs and a Master Score of D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.