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IDBI Bank rises on receiving nod to divest 1.5% stake in NSEIL

28 Nov 2017 Evaluate

IDBI Bank is currently trading at Rs. 63.90, up by 1.80 points or 2.90% from its previous closing of Rs. 62.10 on the BSE.

The scrip opened at Rs. 63.45 and has touched a high and low of Rs. 63.95 and Rs. 63.25 respectively. So far 71,000 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. 63.95 and Rs. 59.60 respectively. The current market cap of the company is Rs. 16,845.00 crore.

The promoters holding in the company stood at 77.79%, while Institutions and Non-Institutions held 15.74% and 6.47% respectively.

IDBI Bank has received an approval for divestment of its 74,15,680 equity shares (1.5%) in National Stock Exchange of India (NSEIL). The board of directors at their meeting held on November 27, 2017, has approved for the same. 

IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.


IDBI Bank Share Price

75.07 0.78 (1.05%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
HDFC Bank 799.90
ICICI Bank 1347.50
Axis Bank 1359.15
Kotak Mahindra Bank 383.50
Indusind Bank 853.15
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