IDBI Bank is currently trading at Rs. 53.20, up by 0.05 points or 0.09% from its previous closing of Rs. 53.15 on the BSE.
The scrip opened at Rs. 53.60 and has touched a high and low of Rs. 53.60 and Rs. 53.10 respectively. So far 12,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 86.50 on 06-Feb-2017 and a 52 week low of Rs. 50.25 on 14-Aug-2017.
Last one week high and low of the scrip stood at Rs. 57.20 and Rs. 52.70 respectively. The current market cap of the company is Rs. 12,566.00 crore.
The promoters holding in the company stood at 73.56%, while Institutions and Non-Institutions held 17.93% and 8.51% respectively.
IDBI Bank has sold one per cent stake in Small Industries Development Bank of India (SIDBI) for an undisclosed amount in a bid to mobilize funds by exiting non-core business. The bank has sold 53,19,220 shares constituting 1 per cent of the paid up capital of SIDBI. The sale took place on September 22, 2017.
Earlier this year, the bank had announced it plans to dilute stake in some non-core businesses to shore up capital base.
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
| Company Name | CMP |
|---|---|
| HDFC Bank | 781.20 |
| ICICI Bank | 1264.80 |
| Axis Bank | 1269.40 |
| Kotak Mahindra Bank | 380.75 |
| Indusind Bank | 949.85 |
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