{"id":317495,"date":"2026-10-19T17:12:34","date_gmt":"2026-10-19T11:42:34","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=317495"},"modified":"2026-10-19T17:12:34","modified_gmt":"2026-10-19T11:42:34","slug":"idbi-bank-shares-delivered-almost-no-returns-in-20-years-can-fairfax-deal-finally-turn-stock-around-experts-weigh-in","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/idbi-bank-shares-delivered-almost-no-returns-in-20-years-can-fairfax-deal-finally-turn-stock-around-experts-weigh-in\/","title":{"rendered":"IDBI Bank Share Price Delivered Almost No Returns in 20 Years. Can the Fairfax Deal Finally Turn the Stock Around? Experts Weigh In"},"content":{"rendered":"

The IDBI Bank share price closed near Rs 82.24 on 19 Oct 2026, almost where it traded in Oct 2006 (about Rs 87), so a 20-year holder has a price loss of roughly 5% before dividends (my calculation). The Cabinet approved the sale of a 60.72% stake to Toronto-based Fairfax for Rs 52,878 crore, or Rs 81 a share, with completion expected by March 2027. Sources differ on the size of the one-day jump on 14 Oct (9% to 13%), and the open offer price and timing were not available.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

The IDBI Bank share price has gone almost nowhere in 20 years, trading near Rs 82 against about Rs 87 in Oct 2006, because the bank spent years as a loss-making development finance legacy before LIC took control in 2019. Fairfax Financial Holdings has won the right to buy 60.72% for Rs 52,878 crore at Rs 81 a share, and the Cabinet Committee on Economic Affairs approved it on 14 Oct 2026. Experts quoted by Business Today see Rs 80 as key support and Rs 96 to Rs 100 as resistance, while a technical analyst at YES Securities targets Rs 98. Whether the deal turns the IDBI Bank share price around depends on RBI approval, the open offer terms and how Fairfax improves returns.<\/p>\n<\/p><\/div>\n

The deal price of Rs 81 is about 1.5% below the Rs 82.24 close on 19 Oct and about 10% below the Rs 90.44 close on 14 Oct (my calculation). That gap is the main reason the IDBI Bank share price fell 6% on 15 Oct after a sharp rally.<\/p>\n

This guide covers the 20-year record, the deal terms, what experts say, price levels, valuation and the risks. It is educational and not a recommendation to buy or sell the share.<\/p>\n

Click Here – Get Free Investment Predictions<\/a><\/strong><\/p>\n

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