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IDBI Bank surges despite reporting 38% fall in Q2 net profit

31 Oct 2014 Evaluate

IDBI Bank is currently trading at Rs 70.30, up by 2.05 points or 3.00% from its previous closing of Rs. 68.25 on the BSE.

The scrip opened at Rs 68.65 and has touched a high and low of Rs. 70.80 and Rs 68.65 respectively. So far 904171 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. 52.95 on 30-Jan-2014.

Last one week high and low of the scrip stood at Rs. 69.00 and Rs. 66.55 respectively. The current market cap of the company is Rs. 11323.93 crore.

The promoters holding in the company stood at 76.50% while Institutions and Non-Institutions held 13.92% and 9.58% respectively.

IDBI Bank has registered 38.37% fall in its net profit at Rs 118.49 crore for second quarter ended September 30, 2014 as compared to Rs 192.27 crore for the same quarter in the previous year. However, total income of the bank has increased 6.97% at Rs 7610.52 crore for Q2FY15 as compared Rs 7114.44 crore for the corresponding quarter previous year.

Gross non-performing assets (NPAs) increased to 5.72% in the July-September quarter as against 4.98% in the same quarter previous year, while net NPAs stood to 2.79%.

IDBI Bank Share Price

74.65 -0.42 (-0.56%)
20-Apr-2026 10:38 View Price Chart
Peers
Company Name CMP
HDFC Bank 800.85
ICICI Bank 1365.40
Axis Bank 1363.80
Kotak Mahindra Bank 383.40
Indusind Bank 851.30
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