Investing in bank stocks can provide a reliable blend of income and growth potential for investors. With stable dividends, growth opportunities in a growing economy, and resilience during market volatility, bank stocks offer a compelling option for those seeking consistent performance. These stocks also serve as a hedge against inflation, making them valuable assets to diversify a portfolio.
Bank stocks represent ownership in companies that provide a wide range of banking services. These services include accepting deposits from customers, issuing loans for various purposes like mortgages, auto loans, and business loans, and offering investment products like mutual funds and fixed deposits. Banks also facilitate money transfers, provide safe deposit boxes for valuables, and offer online banking services for convenient access to accounts.
Name | Price | M Cap | Analyst Rating | Target Price | Alpha | 1Y Return | 3Y Return | 5Y Return | PE | Industry PE | PB | Beta | Div Yld | Net Profit Qtr | Net Profit QoQ % | Net Profit YoY % | Net Profit 3Y Change % | Rev Qtr (in Cr) | Rev QoQ (in %) | Rev 1Y change % | Rev 3Y change % | Profit Mar Qtr | Profit Mar QoQ | Profit Mar 1Y Change% | Profit Mar 3Y Change% | Sector | M Cap | ROE | ROCE | EPS | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
HDFC Bank Ltd | ₹1,558.30 | Large Cap | BUY | 1869.02 | 6.23% | 28.95% | 17.42 | 19.4 | 3.21 | 1.07 | 1.18% | 17622.38 Cr | 2.11% | 20.88% | 68.77% | 124391.35 | 8.15% | 22.05% | 39.16% | 22.47% | 21.28% | Financial Services | 1196401.56 | 16.96% | NA | 82.71 | 18354879 | ||||
ICICI Bank Ltd | ₹1,119.90 | Large Cap | BUY | 1308.12 | 19.85% | 75.16% | 169.57% | 17.75 | 19.4 | 3.1 | 0.99 | 0.91% | 11671.52 Cr | 5.6% | 35.55% | 255.8% | 67409.02 | 12.84% | 18.18% | 24.3% | 18.28% | 14.7% | 186.25% | Financial Services | 788834.52 | 17.48% | NA | 49.35 | 17197111 | ||
State Bank of India | ₹830.20 | Large Cap | BUY | 893.1 | 16.49% | 43.43% | 92.01% | 141.05% | 11.04 | 19.4 | 1.92 | 1.46 | 1.82% | 21384.15 Cr | 93.27% | 20.55% | 199.41% | 164914.36 | 7.74% | 25.6% | 54.3% | 11.28% | 79.4% | 94.05% | Financial Services | 740698.17 | 18.81% | NA | 76.35 | 25056921 | |
Axis Bank Ltd | ₹1,198.10 | Large Cap | BUY | 1295.9 | 21.82% | 59.46% | 45.77% | 13.86 | 19.4 | 2.11 | 1.12 | 0.12% | 7599.04 Cr | 17.06% | 483.8% | 37836.1 | 7.68% | 23.27% | 32.6% | 10.19% | 8.71% | 340.28% | Financial Services | 366643.92 | 7.96% | NA | 35.27 | 8583556 | |||
Kotak Mahindra Bank Ltd | ₹1,741.70 | Large Cap | BUY | 1887.56 | 16.71% | 19.17 | 19.4 | 4.15 | 0.89 | 0.09% | 5337.2 Cr | 25.15% | 23.46% | 73.68% | 27907.33 | 15.88% | 16.12% | 35.29% | 21.9% | 8% | 6.32% | 28.37% | Financial Services | 348621.69 | 14.06% | NA | 74.2 | 4607540 | |||
Bank of Baroda | ₹276.05 | Large Cap | BUY | 282.3 | 20.13% | 44.81% | 219.53% | 129.59% | 7.46 | 19.4 | 0.89 | 1.75 | 3.26% | 5132.45 Cr | 7.18% | 89.88% | 1506.6% | 37610.59 | 7.2% | 26.2% | 21.62% | 13.46% | 50.46% | 1221.01% | Financial Services | 140040.49 | 15.33% | NA | 28.37 | 19736983 | |
Punjab National Bank | ₹125.34 | Large Cap | HOLD | 106 | 114.6% | 142.68% | 194.35% | 61.73% | 15.11 | 19.4 | 1.39 | 1.88 | 1.21% | 3342.2 Cr | 37.38% | 171.98% | 255.48% | 32976.47 | 8.02% | 24% | 30.1% | 7.39% | 27.18% | 119.34% | 173.23% | Financial Services | 137747.8 | 8.7% | NA | 8.32 | 28071948 |
Indian Overseas Bank | ₹66.60 | Large Cap | NA | NA | 142.16% | 173.58% | 232.35% | 477.68% | 47.73 | 19.4 | 1.89 | 1.94 | NA | 810.42 Cr | 11.91% | 23.09% | 404.59% | 9112.67 | 22.44% | 8.7% | 486.66% | 8.94% | 13.24% | Financial Services | 127213.23 | 5.44% | NA | 1.11 | 14869398 | ||
IndusInd Bank Ltd | ₹1,485.85 | Large Cap | BUY | 1849.65 | 11.98% | 45.66% | 12.92 | 19.4 | 1.53 | 1.33 | 1.31% | 2349.15 Cr | 2.07% | 54.91% | 66.96% | 14706.66 | 5.29% | 16.7% | 24.64% | 16.71% | 32.74% | 33.96% | Financial Services | 116150.84 | 14.53% | NA | 95.93 | 3964697 | |||
Union Bank of India | ₹147.43 | Large Cap | BUY | 164.8 | 78.05% | 104.25% | 307.94% | 101.58% | 7.6 | 19.4 | 0.63 | 1.68 | 4.51% | 3328.27 Cr | 61.66% | 31611.58 | 6.07% | 18.74% | 124.36% | 8.77% | 36.14% | Financial Services | 111794.15 | 12.22% | NA | 12.33 | 17887803 | ||||
Canara Bank | ₹121.05 | Large Cap | HOLD | 114.84 | 64.36% | 88.79% | 278.78% | 130.16% | 7.06 | 19.4 | 1.35 | 1.6 | 2.77% | 3951.76 Cr | 4.26% | 35.75% | 428.56% | 37384.14 | 4.92% | 25.14% | 49.1% | 10.98% | 8.48% | 254.51% | Financial Services | 107850.04 | 20.22% | NA | 16.3 | 40410178 | |
IDBI Bank Ltd | ₹87.02 | Mid Cap | NA | NA | 29.77% | 58.28% | 118.52% | 134.71% | 15.9 | 19.4 | 1.3 | 1.69 | 2.22% | 1664.92 Cr | 10.37% | 46.27% | 7955.95 | 4.96% | 8.31% | 14.7% | 5.15% | 35.05% | Financial Services | 91986.8 | 6.39% | NA | 3.47 | 7047633 |
The Indian banking sector is a key driver of the country's economic growth. By investing in bank stocks, you can potentially gain from this growth and earn healthy returns. This page provides an overview of bank stocks in India and helps you get started with your investment journey.
The Indian banking sector is expected to experience continued growth due to factors like economic expansion, rising credit demand, and government initiatives promoting financial inclusion. This bodes well for the future of bank stocks.
Yes, advancements like FinTech (financial technology) are likely to disrupt the banking sector. However, banks that adapt and leverage technology can benefit from increased efficiency and reach new customer segments, potentially boosting their stock value.
Rising interest rates, increasing competition, and unexpected economic downturns are some challenges that could impact the profitability of banks and their stock prices.
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