IDBI Bank is currently trading at Rs. 96.55, up by 1.40 points or 1.47% from its previous closing of Rs. 95.15 on the BSE.
The scrip opened at Rs. 95.95 and has touched a high and low of Rs. 97.05 and Rs. 95.80 respectively. So far 280988 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 139.25 on 08-Jul-2011 and a 52 week low of Rs. 77.15 on 02-Jan-2012.
Last one week high and low of the scrip stood at Rs. 97.05 and Rs. 90.45 respectively. The current market cap of the company is Rs. 14894.61 crore.
The promoters holding in the company stood at 70.52% while Institutions and Non-Institutions held 17.35% and 12.13% respectively.
IDBI Bank concludes first transaction of its gilt account holders (GAHs) through RBI’s web-based Negotiated Dealing System (NDS) OM module. With this, the bank has become the first Primary Member in the country to enable such deal in the Indian market.
The deal was concluded on July 2, 2012, which was the first working day after the system was operationalized. RBI’s Web-based NDS OM module, operationalized on June 29, 2012, facilitates internet based access to gilt account holders to directly participate in secondary market of Gilts. The module enables all GAHs to trade in Government Securities, State Development Loans and T-Bills.
IDBI Bank is the youngest new generation public sector universal bank that rides on a cutting edge core banking Information Technology platform. This enables the Bank to offer personalized banking and financial solutions to its clients through its 980 branches and 1579 ATMs.