IDBI Bank is currently trading at Rs. 62.05, up by 1.40 points or 2.31% from its previous closing of Rs. 60.65 on the BSE.
The scrip opened at Rs. 60.00 and has touched a high and low of Rs. 62.35 and Rs. 59.70 respectively. So far 2684368 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 89.80 on 05-Mar-2018 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. 67.00 and Rs. 59.70 respectively. The current market cap of the company is Rs. 19150.79 crore.
The promoters holding in the company stood at 80.96%, while Institutions and Non-Institutions held 13.86% and 5.17% respectively.
IDBI Bank is planning to raise funds by issue of equity capital through various alternative modes including Qualified Institutional Placement (QIP). The bank is also planning to issue Rupee Bonds.
The meeting of the Board of Directors of the bank will be held on May 25, 2018, to consider 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.
