Indbank Merchant

{
  "main_header": {
    "sid": 580002,
    "name": "Indbank Merchant",
    "stock_name": "Indbank Merchant",
    "full_name": "Indbank Merchant Banking Services Ltd",
    "name_url": "stocks-analysis/indbank-merchant",
    "exchange": 1,
    "exchangecode": "",
    "primexch": 1,
    "country_id": 34,
    "currency": "INR",
    "cmp": "33.13",
    "chg": -0.3,
    "chgp": "-0.9%",
    "dir": -1,
    "prev_price": "33.43",
    "mcapval": "148.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 511473,
    "symbol": "INDBANK",
    "ind_name": "Capital Markets",
    "ind_code": 5,
    "sector_id": 7,
    "indexname": "India SENSEX",
    "isin": "INE841B01017",
    "curr_date": "Jul 21, 03:30 PM",
    "curr_time": "18:14 PM",
    "last_traded_at": "Jul 21, 03:30 PM IST",
    "bse_nse_vol": "17.45 k",
    "exc_status": "Active",
    "traded_date": "Jul 21, 2026",
    "traded_date_str": "2026 07 21",
    "score": "",
    "scoreText": "",
    "Live": 0,
    "market_time": 0,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/indbank-merchant-580002-1&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Indbank Merchant Banking Services Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indbank-merchant-banking-services-ltd-is-rated-sell-4109003",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/IndbankMerchant_mojoScore_4109003.png",
        "date": "2026-07-20 10:10:41",
        "description": "Indbank Merchant Banking Services Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 08 July 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 20 July 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd Valuation Shifts Signal Renewed Price Attractiveness",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/indbank-merchant-banking-services-ltd-valuation-shifts-signal-renewed-price-attractiveness-4102913",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/IndbankMerchant_valuationdot_4102913.png",
        "date": "2026-07-15 08:00:35",
        "description": "Indbank Merchant Banking Services Ltd has witnessed a significant shift in its valuation parameters, moving from an attractive to a very attractive rating. This change reflects a notable improvement in price metrics such as the price-to-earnings (P/E) and price-to-book value (P/BV) ratios, positioning the micro-cap capital markets firm as a compelling option relative to its peers and historical benchmarks."
      },
      {
        "title": "Are Indbank Merchant Banking Services Ltd latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-indbank-merchant-banking-services-ltd-latest-results-good-or-bad-4095502",
        "imagepath": "",
        "date": "2026-07-09 19:11:09",
        "description": "Indbank Merchant Banking Services Ltd's latest financial results for Q1 FY27 reveal a notable operational performance characterized by margin expansion and a significant increase in net profit. The company reported a net profit of ₹2.38 crores, reflecting an 11.21% year-on-year increase. Revenue for the quarter reached ₹6.90 crores, marking a 3.14% growth compared to the same period last year, while also showing a substantial 17.15% increase from the previous quarter.\n\nThe operating margin stood at 45.80%, the highest in the last seven quarters, indicating improved operational efficiency and cost management. This strong margin performance contributed to a notable rise in operating profit, which reached ₹3.16 crores. Additionally, the profit after tax (PAT) margin improved to 34.49%, up from 31.99% in Q1 FY26, further underscoring the company's ability to enhance profitability despite modest revenue growth.\n..."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd is Rated Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indbank-merchant-banking-services-ltd-is-rated-sell-4094999",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/IndbankMerchant_mojoScore_4094999.png",
        "date": "2026-07-09 10:10:55",
        "description": "Indbank Merchant Banking Services Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 08 July 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 09 July 2026, providing investors with the latest insights into its performance and outlook."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd Reports Strong Quarterly Financial Turnaround",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/indbank-merchant-banking-services-ltd-reports-strong-quarterly-financial-turnaround-4094183",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/IndbankMerchant_fintrenddot_4094183.png",
        "date": "2026-07-09 08:00:04",
        "description": "Indbank Merchant Banking Services Ltd has demonstrated a notable financial turnaround in the quarter ended June 2026, shifting from a flat to a positive financial trend. The company posted its highest quarterly net sales and profit metrics in recent history, signalling a potential inflection point for this micro-cap player in the capital markets sector."
      },
      {
        "title": "Indbank Merchant Banking Q1 FY27: Strong Quarter Overshadowed by Valuation Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/indbank-merchant-banking-q1-fy27-strong-quarter-overshadowed-by-valuation-concerns-4094138",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/7/IndbankMerchant_quaterlyResult_4094138.png",
        "date": "2026-07-08 22:15:28",
        "description": "Indbank Merchant Banking Services Ltd. (NSE: INDBANK), the public sector merchant banking subsidiary of Indian Bank, delivered a standout performance in Q1 FY27, with net profit surging 11.21% quarter-on-quarter to ₹2.38 crores and climbing 11.21% year-on-year. However, the ₹160.00 crore micro-cap company's shares tumbled 4.18% to ₹33.93 on July 8, 2026, reflecting investor concerns over stretched valuations and a mildly bearish technical trend that has persisted since late June."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd is Rated Strong Sell",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indbank-merchant-banking-services-ltd-is-rated-strong-sell-4075773",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/IndbankMerchant_mojoScore_4075773.png",
        "date": "2026-06-28 10:10:45",
        "description": "Indbank Merchant Banking Services Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 16 June 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 28 June 2026, providing investors with the most up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd Gains 0.98%: 2 Key Factors Driving the Week",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/indbank-merchant-banking-services-ltd-gains-098-2-key-factors-driving-the-week-4065708",
        "imagepath": "",
        "date": "2026-06-20 17:00:05",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n                <div class=\"highlight-box\">\n                    <h3>Key Events This Week</h3>\n                    <p><strong>15 Jun:</strong> Valuation upgrade to attractive rating amid improved price multiples</p>\n                    <p><strong>16 Jun:</strong> Downgrade to Strong Sell by MarketsMOJO due to deteriorating technicals</p>\n                    <p><strong>17 Jun:</strong> Stock rallies 3.55% on increased volume despite downgrade</p>\n                    <p><strong>18-19 Jun:</strong> Price retreats amid bearish technical signals and profit concerns</p>\n                </div>\n\n                <div class=\"stats-row\">\n                    <div class=\"stat-item\"><div class=\"stat-label\">Week Open</div><div class=\"stat-value\">Rs.33.55</div></div>\n                    <div class=\"stat-item\"><div class..."
      },
      {
        "title": "Indbank Merchant Banking Services Ltd Downgraded to Strong Sell Amid Technical and Financial Concerns",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/indbank-merchant-banking-services-ltd-downgraded-to-strong-sell-amid-technical-and-financial-concerns-4058231",
        "imagepath": "https://i.marketsmojo.com/newsimg/2026/6/IndbankMerchant_mojoScore_4058231.png",
        "date": "2026-06-17 08:05:34",
        "description": "Indbank Merchant Banking Services Ltd has seen its investment rating downgraded from Sell to Strong Sell as of 16 June 2026, reflecting a complex interplay of deteriorating technical indicators, modest valuation improvements, flat financial trends, and weak quality metrics. This comprehensive reassessment by MarketsMOJO highlights the challenges facing the micro-cap capital markets player amid a cautious market environment."
      }
    ],
    "total": 195,
    "sid": "580002",
    "stock_news_url": "https://www.marketsmojo.com/news/indbank-merchant-banking-services-580002"
  },
  "announcements": [
    {
      "details": "Indbank Merchant Banking Services Limited has informed the Exchange regarding 'Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 ( the SEBI Regulations ) for the month of November, 2019.'.",
      "source": "NSE",
      "caption": "Indbank Merchant Banking Services Limited - Updates",
      "datetime": "05-Dec-2019"
    },
    {
      "details": "Indbank Merchant Banking Services Limited has informed the Exchange regarding Board meeting held on November 07, 2019,á",
      "source": "NSE",
      "caption": "Indbank Merchant Banking Services Limited - Outcome of Board Meeting",
      "datetime": "08-Nov-2019"
    },
    {
      "details": "Indbank Merchant Banking Services Limited has informed the Exchange regarding 'Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 ( the SEBI Regulations ) for the month of October, 2019.'.",
      "source": "NSE",
      "caption": "Indbank Merchant Banking Services Limited - Updates",
      "datetime": "04-Nov-2019"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Indbank Merchant Banking Services Ltd has declared <strong>8%</strong> dividend, ex-date: 07 Aug 09",
          "dt": "2009-08-07",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Indbank Merchant Banking Services Ltd is Rated Sell

2026-07-20 10:10:41

Indbank Merchant Banking Services Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 08 July 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 20 July 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Indbank Merchant Banking Services Ltd Valuation Shifts Signal Renewed Price Attractiveness

2026-07-15 08:00:35

Indbank Merchant Banking Services Ltd has witnessed a significant shift in its valuation parameters, moving from an attractive to a very attractive rating. This change reflects a notable improvement in price metrics such as the price-to-earnings (P/E) and price-to-book value (P/BV) ratios, positioning the micro-cap capital markets firm as a compelling option relative to its peers and historical benchmarks.

Read full news article

Are Indbank Merchant Banking Services Ltd latest results good or bad?

2026-07-09 19:11:09

Indbank Merchant Banking Services Ltd's latest financial results for Q1 FY27 reveal a notable operational performance characterized by margin expansion and a significant increase in net profit. The company reported a net profit of ₹2.38 crores, reflecting an 11.21% year-on-year increase. Revenue for the quarter reached ₹6.90 crores, marking a 3.14% growth compared to the same period last year, while also showing a substantial 17.15% increase from the previous quarter. The operating margin stood at 45.80%, the highest in the last seven quarters, indicating improved operational efficiency and cost management. This strong margin performance contributed to a notable rise in operating profit, which reached ₹3.16 crores. Additionally, the profit after tax (PAT) margin improved to 34.49%, up from 31.99% in Q1 FY26, further underscoring the company's ability to enhance profitability despite modest revenue growth. ...

Read full news article

Indbank Merchant Banking Services Ltd is Rated Sell

2026-07-09 10:10:55

Indbank Merchant Banking Services Ltd is rated 'Sell' by MarketsMOJO, with this rating last updated on 08 July 2026. However, the analysis and financial metrics discussed here reflect the stock's current position as of 09 July 2026, providing investors with the latest insights into its performance and outlook.

Read full news article

Indbank Merchant Banking Services Ltd Reports Strong Quarterly Financial Turnaround

2026-07-09 08:00:04

Indbank Merchant Banking Services Ltd has demonstrated a notable financial turnaround in the quarter ended June 2026, shifting from a flat to a positive financial trend. The company posted its highest quarterly net sales and profit metrics in recent history, signalling a potential inflection point for this micro-cap player in the capital markets sector.

Read full news article

Indbank Merchant Banking Q1 FY27: Strong Quarter Overshadowed by Valuation Concerns

2026-07-08 22:15:28

Indbank Merchant Banking Services Ltd. (NSE: INDBANK), the public sector merchant banking subsidiary of Indian Bank, delivered a standout performance in Q1 FY27, with net profit surging 11.21% quarter-on-quarter to ₹2.38 crores and climbing 11.21% year-on-year. However, the ₹160.00 crore micro-cap company's shares tumbled 4.18% to ₹33.93 on July 8, 2026, reflecting investor concerns over stretched valuations and a mildly bearish technical trend that has persisted since late June.

Read full news article

Indbank Merchant Banking Services Ltd is Rated Strong Sell

2026-06-28 10:10:45

Indbank Merchant Banking Services Ltd is rated Strong Sell by MarketsMOJO, with this rating last updated on 16 June 2026. However, the analysis and financial metrics discussed here reflect the stock’s current position as of 28 June 2026, providing investors with the most up-to-date view of the company’s fundamentals, valuation, financial trends, and technical outlook.

Read full news article

Indbank Merchant Banking Services Ltd Gains 0.98%: 2 Key Factors Driving the Week

2026-06-20 17:00:05

Key Events This Week

15 Jun: Valuation upgrade to attractive rating amid improved price multiples

16 Jun: Downgrade to Strong Sell by MarketsMOJO due to deteriorating technicals

17 Jun: Stock rallies 3.55% on increased volume despite downgrade

18-19 Jun: Price retreats amid bearish technical signals and profit concerns

Week Open

Rs.33.55

Read full news article

Indbank Merchant Banking Services Ltd Downgraded to Strong Sell Amid Technical and Financial Concerns

2026-06-17 08:05:34

Indbank Merchant Banking Services Ltd has seen its investment rating downgraded from Sell to Strong Sell as of 16 June 2026, reflecting a complex interplay of deteriorating technical indicators, modest valuation improvements, flat financial trends, and weak quality metrics. This comprehensive reassessment by MarketsMOJO highlights the challenges facing the micro-cap capital markets player amid a cautious market environment.

Read full news article

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