Indian Bank shares rise 6% after strong Q1 FY27 results
after close1 source ↓written by the desknot a recommendation
- in intraday trading
- 6%
- increase in net
- 10%
- net profit
- ₹3,273 cr
- income also rose
- 17%
- ₹7,435 cr
Indian Bank shares surged over 6% in intraday trading following its Q1 FY27 results, reporting a 10% increase in net profit to ₹3,273 cr. The bank's net interest income also rose 17% to ₹7,435 cr, reflecting robust lending growth. Asset quality improved, with Gross NPA at 1.86%.
The stock traded between ₹794.75 and ₹857.95, indicating strong market confidence. 📈
Not investment advice. For informational purposes only.