Earlier, Government has given approval to IDBI Bank to raise Rs 3,771 crore during the year, by way of Qualified Institutional Placement (QIP).
Earlier, Government has given approval to IDBI Bank to raise Rs 3,771 crore during the year, by way of Qualified Institutional Placement (QIP).
IDBI Bank Ltd ended at Rs. 88.9, down by Rs. 1.3 or 1.44% from its previous closing of Rs. 90.2 on the BSE.
The scrip opened at Rs. 90.5 and touched a high and low of Rs. 90.95 and Rs. 88.45 respectively. A total of 7244270(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 14259.19 crore.
The BSE group 'A' stock of face value Rs. 10 touched a 52 week high of Rs. 95.7 on 03-Dec-2015 and a 52 week low of Rs. 52.45 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 92 and Rs. 87.9 respectively.
The promoters holding in the company stood at 76.5 % while Institutions and Non-Institutions held 13.88 % and 9.63 % respectively.
The stock traded below its 50 DMA.
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