Is Indbank Merchant Banking Services Limited a good investment? Indbank Merchant Banking Services Limited (INDBANK.NS) is currently trading at 34.75 INR.
In terms of valuation, the stock trades at a P/E ratio of 21.89. This valuation is generally in line with the broader market.
No, it does not currently pay a dividend.
Indbank Merchant Banking Services Limited is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.
Indbank Merchant Banking Services Limited engages in the provision of merchant banking, stock broking, depository participant, and allied services in India. The company offers merchant banking services for public issues, rights issues, private placement, acquisition of shares and takeovers, and employee stock option schemes/stock purchase scheme by corporates. It also provides advisory services for valuation of shares and other financial instruments, syndication of loans, acquisitions, and mergers and amalgamations, as well as for project counseling, appraisal, and feasibility studies. In addition, the company offers stock broking services in the cash, derivatives, and wholesale debt market segments for retail and institutional investors, as well as in cash management; online trading services; and e-services, as well as distributes mutual funds and other investment products. Indbank Merchant Banking Services Limited was incorporated in 1989 and is based in Chennai, India. Indbank Merchant Banking Services Limited is a subsidiary of Indian Bank.
| Year | Total Dividends |
|---|---|
| ▸2009 |
0.75 INR
|
| Oct. 1, 2009 | 0.7500 |
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