IDBI Bank is currently trading at Rs. 81.45, up by 0.35 points or 0.43% from its previous closing of Rs. 81.10 on the BSE.
The scrip opened at Rs. 82.00 and has touched a high and low of Rs. 82.50 and Rs. 80.30 respectively. So far 380470 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 116.50 on 09-Jun-2014 and a 52 week low of Rs. 52.30 on 04-Sep-2013.
Last one week high and low of the scrip stood at Rs. 91.80 and Rs. 78.55 respectively. The current market cap of the company is Rs. 13064.14 crore.
The promoters holding in the company stood at 76.50 % while Institutions and Non-Institutions held 14.55 % and 8.95 % respectively.
IDBI Bank has clarified on report ‘IDBI's Rs 950 crore loan to Mallya's Kingfisher under CBI lens’. According to IDBI, the preliminary enquiry initiated by CBI a few months ago is against the borrower, Kingfisher Airlines and not against IDBI Bank, as reported in the media. The Bank has been providing all the information and documents sought by the Agency in the matter and will continue to extend full assistance to the Agency in the said enquiry
IDBI Bank is one of the 16 consortium lenders to Kingfisher Airlines. Kingfisher Airlines defaulted in its payment obligations to the Banks and Banks have jointly taken several recovery actions against the Company and its promoter.