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IDBI Bank gains on plan to disinvest its shareholding in SCHIL

03 Mar 2014 Evaluate

IDBI Bank is currently trading at Rs. 56.45, up by 0.35 points or 0.62 % from its previous closing of Rs. 56.10 on the BSE.

The scrip opened at Rs. 56.25 and has touched a high and low of Rs. 57.40 and Rs. 55.90 respectively. So far 140340 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 93.65 on 11-Mar-2013 and a 52 week low of Rs. 52.30 on 04-Sep-2013.

Last one week high and low of the scrip stood at Rs. 56.65 and Rs. 55.50 respectively. The current market cap of the company is Rs. 9062.26 crore.

The promoters holding in the company stood at 76.50 % while Institutions and Non-Institutions held 14.04 % and 9.46 % respectively.

IDBI Bank has received an approval for initiating the process for divestment of bank’s shareholding in Stock Holding Corporation of India (SHCIL), partly or wholly, subject to compliance with all applicable laws, regulations and guidelines. The board of directors at its meeting held on February 28, 2014 has approved for the same.

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 1,217 branches and 2,101 ATMs.

 

 

IDBI Bank Share Price

73.87 -0.19 (-0.26%)
13-Apr-2026 16:59 View Price Chart
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