IDBI Bank is currently trading at Rs. 83.20, up by 0.85 points or 1.03% from its previous closing of Rs. 82.35 on the BSE.
The scrip opened at Rs. 83.45 and has touched a high and low of Rs. 83.55 and Rs. 81.70 respectively. So far 759871 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 86.50 on 06-Feb-2017 and a 52 week low of Rs. 54.70 on 24-Feb-2016.
Last one week high and low of the scrip stood at Rs. 85.20 and Rs. 80.05 respectively. The current market cap of the company is Rs. 17098.46 crore.
The promoters holding in the company stood at 73.98%, while institutions and non-institutions held 17.86% and 8.16% respectively.
IDBI Bank has received its board’s approval to divest some of its non-core investments subject to compliance with all applicable laws and regulations and subject to final approval to be obtained for each transaction by Delegated Authority. The Bank’s board gave approval for the same at its Meeting held on February 21, 2017.
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.