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IDBI Bank surges despite reporting 54% fall in Q2 net profit

26 Oct 2016 Evaluate

IDBI Bank is currently trading at Rs. 75.05, up by 0.75 points or 1.01% from its previous closing of Rs. 74.30 on the BSE.

The scrip opened at Rs. 72.40 and has touched a high and low of Rs. 75.80 and Rs. 72.40 respectively. So far 421139 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 95.70 on 03-Dec-2015 and a 52 week low of Rs. 47.40 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 77.80 and Rs. 71.05 respectively. The current market cap of the company is Rs. 15482.29 crore.

The promoters holding in the company stood at 73.98%, while institutions and non-institutions held 17.87% and 8.15% respectively.

IDBI Bank has reported 53.54% fall in its net profit at Rs 55.52 crore for the quarter under review as compared to Rs 119.5 crore for the same quarter in the previous year. Total income of the Bank increased by 5.98% at Rs 8387.20 crore for the quarter under review as compared Rs 7913.64 crore for the corresponding quarter previous year.   

The Bank’s gross NPA for the July-September quarter of the current fiscal increased to 13.05%, as compared to 6.92% in the same quarter of the previous year. Besides, Bank’s Net NPA stood at 8.32% in Q2FY17.

IDBI Bank Share Price

74.76 -1.03 (-1.36%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 781.20
ICICI Bank 1264.80
Axis Bank 1269.40
Kotak Mahindra Bank 380.75
Indusind Bank 949.85
View more..

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