Indian Bank announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 2 January 2025 .Powered by Capital Market - Live

Indian Bank has cancelled the Extra-ordinary General Meeting of the company which was scheduled to be held on 6 December 2024.Powered by Capital Market - Live

Indian Bank rose for a third straight session today. The stock is quoting at Rs 566.6, up 6.58% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.57% on the day, quoting at 24282.7. The Sensex is at 80152.78, up 1.31%. Indian Bank has added around 2.75% in last one month. Meanwhile, Nifty PSU Bank index of which Indian Bank is a constituent, has added around 4.06% in last one month and is currently quoting at 6508.15, up 4.27% on the day. The volume in the stock stood at 58.83 lakh shares today, compared to the daily average of 20 lakh shares in last one month.The PE of the stock is 7.56 based on TTM earnings ending September 24.Powered by Capital Market - Live

Easy Trip Planners Ltd, Central Bank of India, Rites Ltd, Vedant Fashions Ltd are among the other stocks to see a surge in volumes on BSE today, 25 November 2024.Indian Bank saw volume of 1.73 lakh shares by 10:47 IST on BSE, a 4.5 fold spurt over two-week average daily volume of 38439 shares. The stock increased 6.70% to Rs.567.35. Volumes stood at 30623 shares in the last session.Easy Trip Planners Ltd saw volume of 38.12 lakh shares by 10:47 IST on BSE, a 3.25 fold spurt over two-week average daily volume of 11.74 lakh shares. The stock increased 2.78% to Rs.32.90. Volumes stood at 10.68 lakh shares in the last session.Central Bank of India clocked volume of 9.12 lakh shares by 10:47 IST on BSE, a 2.75 times surge over two-week average daily volume of 3.31 lakh shares. The stock gained 7.93% to Rs.56.48. Volumes stood at 2.25 lakh shares in the last session.Rites Ltd recorded volume of 2.2 lakh shares by 10:47 IST on BSE, a 2.69 times surge over two-week average daily volume of 81658 shares. The stock gained 9.52% to Rs.301.40. Volumes stood at 79501 shares in the last session.Vedant Fashions Ltd clocked volume of 11497 shares by 10:47 IST on BSE, a 2.36 times surge over two-week average daily volume of 4875 shares. The stock gained 3.33% to Rs.1,436.45. Volumes stood at 6888 shares in the last session.Powered by Capital Market - Live

Indian Bank announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 6 December 2024 .Powered by Capital Market - Live

The term of Ms. Papia Sengupta, the Shareholder Director of Indian Bank expired on 28.10.2024 and hence she has ceased to be the Director of the bank w.e.f. 29 October 2024.Powered by Capital Market - Live

Net profit of Indian Bank rose 35.35% to Rs 2799.70 crore in the quarter ended September 2024 as against Rs 2068.49 crore during the previous quarter ended September 2023. Total Operating Income rose 11.66% to Rs 15369.01 crore in the quarter ended September 2024 as against Rs 13763.80 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income15369.0113763.80 12 OPM %66.5362.58 - PBDT3673.992776.74 32 PBT3673.992776.74 32 NP2799.702068.49 35 Powered by Capital Market - Live

Net profit of Indian Bank rose 36.16% to Rs 2706.44 crore in the quarter ended September 2024 as against Rs 1987.76 crore during the previous quarter ended September 2023. Total Operating Income rose 11.67% to Rs 15347.58 crore in the quarter ended September 2024 as against Rs 13743.26 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Total Operating Income15347.5813743.26 12 OPM %67.5163.76 - PBDT3629.362752.08 32 PBT3629.362752.08 32 NP2706.441987.76 36 Powered by Capital Market - Live

Indian Bank will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live

The headline equity indices continued to trade with sideways in early afternoon trade. The Nifty traded above the 26,200 level. Oil & gas shares extended gains for the six consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex shed 45.09 points or 0.05% to 85,791.03. The Nifty 50 index added 22.15 points or 0.08% to 26,238.20. The Sensex and Nifty clocked an all-time high of 85,978.25 and 26,277.35, respectively in early afternoon trade. In the broader market, the S&P BSE Mid-Cap index rose 0.22% and the S&P BSE Small-Cap index added 0.34%. The market breadth was strong. On the BSE, 2,175 shares rose and 1,641 shares fell. A total of 142 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tumbled 4.82% to 12.13. The Nifty 31 October 2024 futures were trading at 26,368, at a premium of 129.8 points as compared with the spot at 26,238.20. The Nifty option chain for the 31 October 2024 expiry showed maximum Call OI of 65 lakh contracts at the 27,000 strike price. Maximum Put OI of 47.6 lakh contracts were seen at 26,000 strike price. Buzzing Index: The Nifty Oil & Gas rose 0.95% to 12,945.15. The index advanced 4.27% in the sixth consecutive trading session. Bharat Petroleum Corporation (up 3.87%), Gujarat State Petronet (up 3.57%), Hindustan Petroleum Corporation (up 2%), Gujarat Gas (up 1.6%), Castrol India (up 1.57%), Indian Oil Corporation (up 1.54%), Petronet LNG (up 1.29%), GAIL (India) (up 1.26%), Indraprastha Gas (up 0.86%) and Adani Total Gas (up 0.44%) edged higher. Stocks in Spotlight : Indian Bank rose 0.51%. The bank said that its board, at the meeting held on Thursday (26 September 2024) has approved for raising additional long term infrastructure bonds aggregating up to Rs 5000 crore, in one or more tranches. Genesys International Corporation added 1.10% after the company has received two new contracts from NEOM and the Saudi Geological Survey Authority to adopt geospatial technology for infrastructural development in Saudi Arabia. Rail Vikas Nigam (RVNL) gained 1.19% after the company announced that it has signed memorandum of understanding (MoU) with Engineers India (EIL) to explore global business opportunities. Biocon fell 0.43%. The company said that it has signed a licensing and supply agreement with Tabuk Pharmaceutical Manufacturing Company to commercialize its GLP-1 products for treating diabetes and chronic weight management, in select countries of the Middle East.Powered by Capital Market - Live