Block Deal on IDFC Bank; rallies 2.2%

Around 90.9 lakh shares were traded in a single block at Rs. 44.35 on the NSE.

Shares of IDFC Bank were trading higher 2.2% at Rs.58.95 on NSE today. Around 90.9 lakh shares were traded in a single block at Rs. 44.35 on the NSE.

The scrip opened at Rs. 44.35 and has touched a high and low of Rs. 45.4 and Rs. 44 respectively. So far 9508924(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 14757.91 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 73.45 on 06-Nov-2015 and a 52 week low of Rs. 43.15 on 21-Jan-2016. Last one week high and low of the scrip stood at Rs. 50.05 and Rs. 43.15 respectively.

The promoters holding in the company stood at 53 % while Institutions and Non-Institutions held 33.8 % and 13.2 % respectively.

The stock is currently trading above its 50 DMA.