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IDBI Bank soars on divesting 0.36% stake in NSEIL

21 Jan 2020 Evaluate

IDBI Bank is currently trading at Rs. 35.80, up by 0.35 points or 0.99% from its previous closing of Rs. 35.45 on the BSE.

The scrip opened at Rs. 35.30 and has touched a high and low of Rs. 35.95 and Rs. 35.30 respectively. So far 26891 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.55 on 21-Jan-2019 and a 52 week low of Rs. 23.55 on 23-Aug-2019.

Last one week high and low of the scrip stood at Rs. 36.40 and Rs. 35.30 respectively. The current market cap of the company is Rs. 37058.72 crore.

The promoters holding in the company stood at 98.11%, while Institutions and Non-Institutions held 0.15% and 1.74% respectively.

IDBI Bank has sold in aggregate 17.90 lakh shares constituting 0.36% of the paid up capital of National Stock Exchange of India (NSEIL). As on date, the bank is holding 10,25,683 equity shares in NSEIL constituting 0.21% of the paid up capital.

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

Peers
Company Name CMP
HDFC Bank 740.00
ICICI Bank 1343.50
Axis Bank 1250.00
Kotak Mahindra Bank 415.00
Indusind Bank 958.00
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