IDBI Bank is currently trading at Rs. 68.30, up by 0.50 points or 0.74% from its previous closing of Rs. 67.80 on the BSE.
The scrip opened at Rs. 68.45 and has touched a high and low of Rs. 68.45 and Rs. 67.40 respectively. So far 148277 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 92.00 on 30-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. 70.85 and Rs. 67.10 respectively. The current market cap of the company is Rs. 14030.82 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 received ASSOCHAM SMEs Excellence Award 2016 in Micro Lending. ASSOCHAM has instituted Awards for Excellence in MSE Lending to Banks & NBFCs in recognition of the performance in financing to Micro, Small & Medium Enterprises.
The bank has been focusing more on MSME segment as well as MFI lending with various innovative products, corporate tie-ups and BC/BF infrastructure build by the bank. The growths under the segment during the last three years have been phenomenal, particularly under Micro Enterprises. During the last financial year the Bank surpassed the target under Pradhan Mantri Mudra Yojana.
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation. The Bank has reported 53.54% fall in its net profit at Rs 55.52 crore quarter ended September 30, 2016 as compared to Rs 119.5 crore for the same quarter in the previous year.
| Company Name | CMP |
|---|---|
| HDFC Bank | 799.90 |
| ICICI Bank | 1347.50 |
| Axis Bank | 1359.15 |
| Kotak Mahindra Bank | 383.50 |
| Indusind Bank | 853.15 |
| View more.. | |
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