Skip to main content

Multibagger - Indusind Bank, 81% Return in 20 months


"We will consistently add value to all our stakeholders and emerge as the ‘best-in-class’ in the chosen parameters amongst the comity of banks, by doubling our profits, clients and branches within the next three years." This is the mission statement of Indusind Bank and I'm glad to write that they really mean "doubling our profits, clients and branches. If we take one of the primary objective of business, i.e wealth maximization, then it has double its investor's wealth in a short span of time.

Indusind bank annual report
(Annual Report FY 2017-18)

It's the extract of its annual report for FY 2017-18. We can clearly see the growth which company is achieving. Not only this, it is also showing promise for future. There is no doubt that there is still a long road ahead for this bank. But in this segment we are here to calculate its return which it has rewarded its investors.

Talking about its price, it was traded for 1100 in January 2017. From there it has never faced downtrend in its daily charts or weekly charts. That is obviously a good indicator for any business organization. Just have a look in its technical charts.

indusind bank daily chart

It has already touched ₹2000 that is 81% return in 20months which is a decent profit. It has truly doubled the wealth of investors. It is trading at a P/E of 31.2 which is lower than the industry P/E which is 35.62. That makes it even more attractive. I strongly believe this is just the beginning. Index are trading at record high, so there may come small corrections. But after that its price will again fly high. With strong fundamentals and technical I think this could be a multibagger of next decade.

That's all for this weekend.

Thank you

Happy Investing


Popular posts from this blog

Success Story Of Colgate, One Of The Bestselling Toothpaste Brand

Success Story Of Colgate, One Of The Bestselling Toothpaste Brand
"It cleans your breath while it cleans your teeth", can you guess whose slogan is this. If you have guessed correct then today I'm going to tell you the success story of one of the best selling toothpaste brands of India i. e. Colgate. It's popularity can be measured by thousands of situations where the term toothpaste is replaced by Colgate in India. Do you know, this brand came into being almost 210 years ago, introduced by Williams Colgate. And initially, this company used to produce soaps, not toothpaste that too in jars and not tubes. So now, let's get back to the beginning of the story. 

Also Read
Success Story Of Haldiram Bujhia
Success Story Of AmulHow Maggie Became Successful?
The founder of Colgate, Willam Colgate was born on 25 Jan 1783 in England. His father was a farmer. But later, they shifted to Maryland in the US where his father along with a friend began to make candles and soaps. Unfo…

What is SIP? It's Advantages and Disadvantages

Hello friends, in this post we are going to discuss about SIP, its advantages and most importantly which no one will say you, its disadvantages.

So imagine what we used to do in 90's when we were kids. People had piggybanks but I personally had a small box where I used to put coins whenever I get money. There was a lot of emotions behind that and specially I used to fight whenever anyone touched my box. Imagine how our grand parents were saving money. The -most common sources were
Fixed Deposits(FD)Recurring Deposits(RD)If I will explain the true meaning of SIP then it will be similar to Recurring Deposits. SIP is modern era's RD. So what does SIP do? In SIP a professional invest money in capital markets on behalf of his/her clients. It's as simple as that. It's as simple as planting a small tree. It is as simple as taking care of your small baby.

Advantages of SIP:-

Safe From Market Fluctuation - One of the most important and remarkable advantage of SIP is, it saves yo…

Inspirational Story Of SONY, The Japanease Giant

Hello friends, today I'm going to discuss one of the most popular Japanese Multinational Corporations - Sony. It is such a famous company that people blindly believe its products by its name. And why not? There is hardly any product that would dissatisfy the customers. When it comes to the sound system, Sony stands out of the crowd. 

Also Read
Successful Story Of BMW
Success Story Of Rolls Royace
Success Story Of Jaguar
According to 2016, Sony is the fifth largest television manufacturing company in the world. The whole world of Sony is divided into various groups like Sony pictures, Sony finance services, Sony Mobile etc. Now let's get to know the success story of Sony from the beginning.

The story started with the World War when Ibuka and Morita two men were following their dreams. Ibuka was running a radio repair shop in Tokyo when he met Morita, 13 yrs younger to Ibuka. Then, both of them decided to start a business. And then taking a loan of 500 dollars, they started Tokyo Tele…