IDBI Bank moves up on the bourses

IDBI Bank is currently trading at Rs. 97.35, up by 0.05 points or 0.05 % from its previous closing of Rs. 97.30 on the BSE.

The scrip opened at Rs. 97.10 and has touched a high and low of Rs. 98.30 and Rs. 96.60 respectively. So far 56373 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 121.50 on 17-Feb-2012 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. 99.50 and Rs. 96.40 respectively. The current market cap of the company is Rs. 12451.79 crore.

The promoters holding in the company stood at 70.52% while Institutions and Non-Institutions held 17.49% and 11.99% respectively.

IDBI Bank, the public sector lender has presented an amount of Rs 135.22 crore to Government of India (GoI). The cheque was presented to Union Finance Minister on October 25, 2012 towards the final dividend payable at Rs1.50 per equity share for the financial year 2011-12 on the equity share capital of the bank held by GoI.

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 998 branches and 1590 ATMs.