📅 Indian Bank Seasonality

Indian Bank (INDIANB) has ended October higher in 13 of the last 19 years (68%), with an average October move of +7.3%. The strongest October was 2022 (+29.0%) and the weakest was 2012 (-13.1%).

INDIANB · data since 2007 (20 yrs) Prices through 16 Oct 2026
13/19
Octobers closed higher
+7.3%
Avg October move
+6.0%
October so far
October
Best month · avg +7.3%
February
Weakest month · avg -3.5%
20
Years of history
Current month: October 2026 historically up 68% of years (13/19) avg +7.3% best 2022 +29.0% worst 2012 -13.1% so far +6.0%

Indian Bank's historically strongest month is October — up in 13 of 19 years (68%) with an average gain of +7.3%. The weakest month has been February, averaging -3.5% with gains in only 6 of 19 years.

📊 Average return by month

2007–2026 · completed months only
Bars above the zero line are months INDIANB typically gained; hover for hit rates.

🗓️ Month-by-month returns (2007–2026)

dashed cell = current month to date
Year JanFebMarAprMayJunJulAugSepOctNovDec
Avg +2.2-3.5+1.2+5.0+3.1+2.7+0.6+2.1+1.0+7.3+4.0+1.3
Up % 68%32%47%65%55%55%55%50%65%68%58%53%
2026 +8.9 +8.6 -14.6 +0.7 -2.2 -2.0 +2.4 +7.4 -10.3 +6.0 · ·
2025 +4.9 -8.1 +6.0 +4.5 +9.0 +4.4 -3.4 +5.1 +14.9 +14.4 +1.3 -3.8
2024 +18.5 +5.3 -0.8 +5.3 +3.5 -3.9 +11.6 -6.8 -7.6 +13.1 -3.1 -7.7
2023 +6.8 -15.6 +12.2 +11.7 -16.3 +8.4 +18.6 +9.2 +11.9 -0.8 -5.5 +6.0
2022 +12.2 -8.6 +7.5 +6.2 +3.6 -11.6 +17.8 +10.1 +1.3 +29.0 +5.1 +6.9
2021 +3.2 +53.8 -14.7 -5.3 +27.2 +3.4 -3.9 -10.1 +12.3 +22.6 -17.0 -2.2
2020 +2.5 -28.4 -41.8 +20.4 -15.7 +41.7 -5.7 +10.9 -13.2 +2.8 +16.5 +27.1
2019 -7.5 -0.4 +23.5 -9.0 +9.6 -6.0 -28.2 +7.1 -37.3 +6.1 -3.1 -21.7
2018 +12.0 -8.7 -9.5 +7.2 +6.0 +0.8 +4.1 -7.1 -31.6 +11.1 -9.1 +6.0
2017 +23.3 +6.0 -3.6 +14.7 -0.9 -9.0 +10.9 -8.6 -8.8 +20.5 +24.7 -4.1
2016 -20.8 -16.8 +36.6 -6.2 -6.8 +57.2 +11.9 +42.4 -6.2 +10.1 +9.1 -13.0
2015 -14.8 +2.6 -9.0 -19.3 +19.2 -12.3 -6.9 +0.7 +1.7 -7.9 +5.0 -11.9
2014 -11.8 -11.6 +30.4 +12.6 +32.1 +8.8 -19.2 -8.2 +12.9 +8.3 +13.8 +14.9
2013 +1.5 -12.4 -0.5 -2.9 -16.5 -15.0 -29.5 -21.4 +5.8 +24.6 +20.4 +14.9
2012 +19.4 +9.3 +1.1 -9.3 -23.5 +8.6 +1.0 -13.2 +25.2 -13.1 +9.2 +8.6
2011 -14.7 -2.9 +13.9 +3.6 -4.6 -4.3 +5.8 -8.2 +3.4 +1.5 -12.9 -2.2
2010 +2.9 -8.7 +8.5 +28.5 +1.9 +0.1 -0.5 +10.5 +12.2 +4.7 -4.5 -11.5
2009 -10.6 -29.3 -2.1 +23.6 +35.0 +9.2 -1.7 -4.8 +19.7 -4.7 +5.7 +5.9
2008 +6.0 -0.7 -19.8 -15.2 -9.4 -27.7 +8.7 +31.9 +1.9 -0.9 -3.4 +10.7
2007 · · · +28.1 +10.5 +2.6 +18.0 -5.0 +11.7 -3.7 +23.9 +1.8

🏆 Top 25 seasonal picks — October 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 MUTHOOTFIN Muthoot Finance Limited 13/15 yrs up 87% +4.4% -5.1%
2 POKARNA Pokarna Limited 9/10 yrs up 90% +9.7% +1.2%
3 STYRENIX Styrenix Performance Materials Limited 18/22 yrs up 82% +3.7% +2.3%
4 TBZ Tribhovandas Bhimji Zaveri Limited 12/14 yrs up 86% +12.3% +19.5%
5 RAMCOCEM The Ramco Cements Limited 17/22 yrs up 77% +0.6% -4.8%
6 OBEROIRLTY Oberoi Realty Limited 12/15 yrs up 80% +6.1% -3.5%
7 PDSL PDS Limited 9/11 yrs up 82% +9.4% -2.8%
8 MCX Multi Comm. Exc. 11/14 yrs up 79% +8.9% -4.2%
9 INDOTECH Indo Tech Transformers Limited 15/20 yrs up 75% +6.7% -3.8%
10 SUZLON Suzlon Energy Limited 15/20 yrs up 75% +4.8% +6.4%
11 RSYSTEMS R Systems International Limited 15/20 yrs up 75% +4.2% -6.6%
12 IFBAGRO IFB Agro Industries Limited 16/22 yrs up 73% +11.7% -3.1%
13 GMDCLTD Gujarat Mineral Development Corporation Limited 16/22 yrs up 73% +8.5% -7.2%
14 USHAMART Usha Martin Limited 16/22 yrs up 73% +6.0% -1.5%
15 GSFC Gujarat State Fertilizers & Chemicals Limited 16/22 yrs up 73% +4.6% -1.3%
16 ICICIBANK ICICI Bank Limited 16/22 yrs up 73% +4.5% +5.7%
17 SHRIRAMFIN Shriram Finance Limited 16/22 yrs up 73% +2.8% -4.3%
18 KABRAEXTRU Kabra Extrusion Technik Limited 16/22 yrs up 73% +2.2% +0.4%
19 HIRECT Hind Rectifiers Limited 14/19 yrs up 74% +4.7% -2.7%
20 TI Tilaknagar Industries Limited 12/16 yrs up 75% +9.5% +2.0%
21 KECL Kirloskar Electric Company Limited 12/16 yrs up 75% +8.0% -1.9%
22 IMFA Indian Metals & Ferro Alloys Limited 12/16 yrs up 75% +8.0% -0.9%
23 DBREALTY Valor Estate Limited 12/16 yrs up 75% +7.4% -9.7%
24 ATULAUTO Atul Auto Limited 10/13 yrs up 77% +8.3% -5.6%
25 MINDTECK Mindteck (India) Limited 8/10 yrs up 80% +5.1% -2.8%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
Current quarter: Q4 2026 historically up 68% of years (13/19) avg +13.5% so far +6.0%

By quarter, Q4 (Oct–Dec) has been the strongest for INDIANB: up in 13 of 19 years, averaging +13.5%. Q1 (Jan–Mar) has been the softest (-0.9% on average). The current quarter (Q4) has historically closed higher 68% of the time.

📊 Average return by quarter

Q1 = Jan–Mar … Q4 = Oct–Dec
Calendar quarters, close-to-close. Hover for hit rates.

🗓️ Quarter-by-quarter returns

dashed cell = current quarter to date
Year Q1Q2Q3Q4
Avg -0.9+11.8+4.3+13.5
Up % 58%60%50%68%
2026 +1.0 -3.4 -1.3 +6.0
2025 +2.1 +18.9 +16.7 +11.5
2024 +23.7 +4.8 -3.9 +1.1
2023 +1.1 +1.4 +44.8 -0.6
2022 +10.2 -2.6 +31.4 +45.0
2021 +35.5 +24.6 -3.0 -0.5
2020 -57.3 +43.9 -9.2 +52.2
2019 +13.9 -6.3 -51.8 -19.4
2018 -7.4 +14.6 -33.8 +7.1
2017 +26.0 +3.4 -7.5 +44.2
2016 -10.0 +37.4 +49.5 +4.6
2015 -20.4 -15.7 -4.6 -14.8
2014 +1.7 +61.7 -16.3 +41.6
2013 -11.6 -31.0 -41.4 +72.3
2012 +31.9 -24.7 +9.8 +3.1
2011 -5.7 -5.4 +0.4 -13.5
2010 +2.0 +31.1 +23.4 -11.4
2009 -38.2 +82.2 +12.0 +6.6
2008 -15.6 -44.5 +46.1 +5.9
2007 · +45.2 +25.2 +21.5

🏆 Top 25 seasonal picks — Q4 2026

ranked walk-forward on historical consistency · median stock so far: -1.9%
#StockRecordWin %Avg returnSo far
1 RHIM RHI MAGNESITA INDIA LIMITED 13/14 yrs up 93% +14.0% -3.8%
2 APOLLOHOSP Apollo Hospitals Enterprise Limited 19/22 yrs up 86% +6.2% -3.4%
3 RSYSTEMS R Systems International Limited 17/20 yrs up 85% +24.7% -6.6%
4 STAR Strides Pharma Science Limited 18/22 yrs up 82% +6.3% -6.7%
5 DRREDDY Dr. Reddy's Laboratories Limited 18/22 yrs up 82% +4.5% +0.0%
6 PROZONER Prozone Realty Limited 12/14 yrs up 86% +19.8% -3.9%
7 POLYMED Poly Medicure Limited 12/14 yrs up 86% +9.2% -4.8%
8 INDOTECH Indo Tech Transformers Limited 16/20 yrs up 80% +23.2% -3.8%
9 TI Tilaknagar Industries Limited 13/16 yrs up 81% +22.7% +2.0%
10 FIEMIND Fiem Industries Limited 15/19 yrs up 79% +14.2% +2.2%
11 BSOFT BIRLASOFT LIMITED 17/22 yrs up 77% +21.8% +17.1%
12 SONATSOFTW Sonata Software Limited 17/22 yrs up 77% +20.2% -4.0%
13 FACT Fertilizers and Chemicals Travancore Limited 17/22 yrs up 77% +20.1% -3.3%
14 TVSHLTD TVS Holdings Limited 17/22 yrs up 77% +15.4% -5.0%
15 APARINDS Apar Industries Limited 17/22 yrs up 77% +15.1% -7.8%
16 STYRENIX Styrenix Performance Materials Limited 17/22 yrs up 77% +11.0% +2.3%
17 EPL EPL Limited 17/22 yrs up 77% +10.4% -2.1%
18 TORNTPHARM Torrent Pharmaceuticals Limited 17/22 yrs up 77% +8.5% -5.0%
19 WIPRO Wipro Limited 17/22 yrs up 77% +8.4% +16.3%
20 HINDALCO Hindalco Industries Limited 17/22 yrs up 77% +7.6% -3.6%
21 VTL Vardhman Textiles Limited 17/22 yrs up 77% +7.4% -0.5%
22 HDFCBANK HDFC Bank Limited 17/22 yrs up 77% +6.2% +2.8%
23 COROMANDEL Coromandel International Limited 17/22 yrs up 77% +5.9% +0.0%
24 ASIANPAINT Asian Paints Limited 17/22 yrs up 77% +4.3% -2.9%
25 JPOLYINVST Jindal Poly Investment and Finance Company Limited 10/12 yrs up 83% +34.9% +2.1%
“So far” = return in the current (incomplete) period. Full methodology and the past-performance record of these lists: Seasonality hub →
❓ INDIANB seasonality — FAQ
How often does Indian Bank rise in October?
Historically INDIANB has closed October with a gain in 13 out of 19 years — a 68% hit rate — averaging +7.3% for the month (data since 2007).
Which is the best month to buy Indian Bank historically?
Based on 19 years of data, October has been INDIANB's strongest month: positive in 68% of years with an average return of +7.3%. Past seasonality does not guarantee future results.
Which is the weakest month for Indian Bank?
February has historically been the weakest month for INDIANB, with an average move of -3.5% and gains in just 6 of 19 years.
Which quarter is historically strongest for Indian Bank?
Q4 (Oct–Dec) — positive in 13 of 19 years with an average return of +13.5%.
Does seasonality guarantee future returns?
No. Seasonality is a historical tendency, not a prediction. It reflects how a stock happened to trade in past calendar periods and can break at any time. Use it as one research input alongside fundamentals and technicals, and consult a SEBI-registered adviser before investing.

Methodology: returns are close-to-close over calendar months and quarters, computed from adjusted daily prices since 2007. A period's return is only counted when the immediately preceding period also traded. Statistics cover completed periods; the current period is shown separately as “so far”. Seasonality is a historical tendency, not a prediction or investment advice. Consult a SEBI-registered adviser before investing.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI