IDBI Bank is currently trading at Rs. 39.65, up by 1.05 points or 2.72% from its previous closing of Rs. 38.60 on the BSE.
The scrip opened at Rs. 40.00 and has touched a high and low of Rs. 40.90 and Rs. 39.50 respectively. So far 2434443 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 55.75 on 07-Jul-2020 and a 52 week low of Rs. 26.35 on 27-Jan-2021.
Last one week high and low of the scrip stood at Rs. 40.90 and Rs. 36.60 respectively. The current market cap of the company is Rs. 42687.04 crore.
The promoters holding in the company stood at 94.71%, while Institutions and Non-Institutions held 1.71% and 3.58% respectively.
The government has invited bids from transaction advisors and legal firms for assisting in the strategic sale of IDBI Bank. The Cabinet had in May given in-principle approval for IDBI Bank's strategic disinvestment along with transfer of management control.
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
