IDBI Bank Ltd. (IDBI) Share Price Surges 3.2% Amidst Market Rally

IDBI Bank Ltd. Share Price rises 3.2% today, reaching Rs 87.17. Market cap stands at Rs 91,352.41 crore.

IDBI Bank Ltd. Share Price has experienced a notable rise today, reaching Rs 87.17, marking a 3.2% increase from its previous close of Rs 84.47. This significant movement places IDBI Bank Ltd. among the top gainers in the large-cap category, where the qualifying threshold is set at 3%. With a market capitalization of Rs 91,352.41 crore, IDBI Bank Ltd. has captured investor attention in the banking sector.

The stock opened at Rs 84.51 and fluctuated between a low of Rs 83.85 and a high of Rs 87.44, reflecting a dynamic trading session. The total volume traded today was 86,39,862 shares, indicating robust market participation. The turnover for the day stood at Rs 5.7 crore, highlighting active trading interest in the stock. As IDBI Bank Ltd. continues to navigate the market, today's price action underscores its position within the large-cap category, meeting the qualifying threshold for significant single-day gains.

IDBI Bank Ltd. Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 87.17
Previous Close	Rs 84.47
Today's Change	+Rs 2.7 (+3.2%)
Day Open	Rs 84.51
Day High	Rs 87.44
Day Low	Rs 83.85
Current Volume (BSE)	6,54,034
BSE Traded Volume	6,54,034
NSE Traded Volume	79,85,828
Combined NSE + BSE Volume	86,39,862
Turnover	Rs 5.7 crore
Market Capitalisation	Rs 91,352.41 crore
Market Cap Category	Large Cap
Qualifying Threshold Cleared	3%

Today's trading session saw IDBI Bank Ltd. Share Price rise by 3.2%, closing at Rs 87.17. The stock opened at Rs 84.51 and reached a high of Rs 87.44, with a low of Rs 83.85. The previous close was Rs 84.47, marking a day change of Rs 2.7. The total volume traded was 86,39,862 shares, with a turnover of Rs 5.7 crore. This volume was primarily driven by activity on the BSE, where 6,54,034 shares were traded, while the NSE accounted for 79,85,828 shares.

IDBI Bank Ltd. is categorized as a large-cap stock, with a market capitalization of Rs 91,352.41 crore. The stock's 3.2% gain today surpassed the qualifying threshold of 3% for its market-cap category, making it a noteworthy performer in the banking sector. The day's trading activity reflects strong investor interest and positions IDBI Bank Ltd. as a key player in the market. As the stock continues to gain momentum, investors are closely monitoring its performance and market dynamics.

IDBI Bank Ltd. Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 91,352.41 crore
P/E Ratio	10.26x
P/B Ratio	0.92x
ROE	-6.04%
ROCE	0.05%

IDBI Bank Ltd. was valued at a P/E ratio of 10.26x, a P/B ratio of 0.92x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of -6.04% and ROCE of 0.05%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

IDBI Bank Ltd. holds a market capitalization of Rs 91,352.41 crore, positioning it as a significant player in the banking sector. The company's P/E ratio stands at 10.26, slightly above the sector's median of 9.64, indicating a relatively fair valuation compared to its peers. The P/B ratio of 0.92 is below the sector median of 1.01, suggesting that the stock may be undervalued based on its book value.

However, IDBI Bank Ltd.'s return on equity (ROE) is -6.04%, which is below the sector median of 4.72%, indicating challenges in generating returns on shareholder equity. The return on capital employed (ROCE) is marginal at 0.05%, compared to the sector median of 6.46%, highlighting potential inefficiencies in capital utilization. Despite these challenges, the company's earnings per share (EPS) and book value per share provide a basis for evaluating its financial health and potential for future growth.

Sector and Industry Context

Metric	Value
Sector	Bank
Benchmark Scope	same sector
Companies in Benchmark	6
Company P/E Ratio	10.26x
Benchmark Median P/E	9.64x
Benchmark Average P/E	9.9x
Benchmark P/E Range	0x to 26.5x
Companies with P/E Data	6
Company P/B Ratio	0.92x
Benchmark Median P/B	1.01x
Company ROE	-6.04%
Benchmark Median ROE	4.72%
Company ROCE	0.05%
Benchmark Median ROCE	6.46%
Company Market Capitalisation	Rs 91,352.41 crore
Benchmark Median Market Cap	Rs 1,682.93 crore

IDBI Bank Ltd. (IDBI) is classified under sector: Bank. The numerical benchmark uses 6 same sector companies from the supplied master-data set.

IDBI Bank Ltd. (IDBI) has a P/E ratio of 10.26x, which is above the benchmark median of 9.64x, a difference of +6.43%. The benchmark contains 6 companies with P/E data, ranging from 0x to 26.5x. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

IDBI Bank Ltd. (IDBI) has a ROE of -6.04%, which is below the benchmark median of 4.72%, a difference of -227.97%. IDBI Bank Ltd. (IDBI) has a ROCE of 0.05%, which is below the benchmark median of 6.46%, a difference of -99.23%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Within the banking sector, IDBI Bank Ltd. operates amidst a competitive landscape. The sector benchmark includes six companies, with a P/E range from 0 to 26.5. IDBI Bank Ltd.'s P/E ratio of 10.26 is slightly above the sector median of 9.64, indicating a fair valuation. The company's P/B ratio of 0.92 is below the sector median of 1.01, suggesting potential undervaluation based on book value.

In terms of profitability, IDBI Bank Ltd.'s ROE of -6.04% and ROCE of 0.05% are below the sector medians of 4.72% and 6.46%, respectively. This indicates challenges in achieving profitability and efficient capital utilization compared to its peers. The sector's market capitalization ranges from Rs 1,359.64 crore to Rs 2,582.09 crore, with IDBI Bank Ltd. positioned as a large-cap entity. As the banking sector continues to evolve, IDBI Bank Ltd.'s performance will be closely watched by investors seeking opportunities within this dynamic industry.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Suryoday Small Finance Bank Ltd.	SURYODAY	1,969.02	10.26	0.92	-6.04	0.05
Dhanlaxmi Bank Ltd.	DHANBANK	1,396.84	13.59	1.07	5.26	5.73
Fino Payments Bank Ltd.	FINOPB	1,390.16	26.5	1.8	14.59	8.94
Capital Small Finance Bank Ltd.	CAPITALSFB	1,359.64	9.02	0.91	12.95	11.72
Utkarsh Small Finance Bank Ltd.	UTKARSHBNK	2,582.09	0	0.95	4.19	7.19

IDBI Bank Ltd. (IDBI) has a P/E ratio of 10.26x compared with the displayed peer median of 10.26x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -6.04% compares with a peer median of 5.26% across the companies shown in the table. ROCE stood at 0.05% versus the displayed peer median of 7.19%, providing a capital-efficiency comparison. IDBI Bank Ltd. (IDBI) has a market capitalisation of Rs 91,352.41 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

In comparison to its peers, IDBI Bank Ltd. exhibits a P/E ratio of 10.26, aligning with Suryoday Small Finance Bank Ltd. and below Dhanlaxmi Bank Ltd.'s 13.59 and Fino Payments Bank Ltd.'s 26.5. The P/B ratio of 0.92 is consistent with Suryoday Small Finance Bank Ltd. and slightly below Dhanlaxmi Bank Ltd.'s 1.07. IDBI Bank Ltd.'s ROE of -6.04% is on par with Suryoday Small Finance Bank Ltd. but lags behind Dhanlaxmi Bank Ltd.'s 5.26% and Fino Payments Bank Ltd.'s 14.59%.

When considering ROCE, IDBI Bank Ltd.'s 0.05% is comparable to Suryoday Small Finance Bank Ltd. but falls short of Dhanlaxmi Bank Ltd.'s 5.73% and Fino Payments Bank Ltd.'s 8.94%. The company's market capitalization of Rs 91,352.41 crore positions it as a large-cap entity, significantly larger than its peers. This comparison highlights IDBI Bank Ltd.'s relative strengths and weaknesses within the banking sector, providing investors with valuable insights into its market position.

Why Investors Are Watching IDBI Bank Ltd.

Investors are closely monitoring IDBI Bank Ltd. due to its recent price action and market position. The stock's 3.2% gain today highlights its potential within the large-cap category.

• Price Action: 3.2% gain, closing at Rs 87.17.
• Technical Position: Strong volume participation.
• Fundamental Context: Fair P/E ratio, undervalued P/B ratio.
• Sector Positioning: Large-cap entity in the banking sector.

As IDBI Bank Ltd. continues to navigate market dynamics, investors are keen to observe its performance and strategic initiatives. The company's ability to address profitability challenges and leverage its market position will be key factors to watch in the coming months.

About IDBI Bank Ltd.

IDBI Bank Ltd. is a prominent player in the Indian banking sector, offering a wide range of financial services. The bank operates across various segments, including retail banking, corporate banking, and treasury operations. With a focus on providing comprehensive banking solutions, IDBI Bank Ltd. caters to a diverse clientele, including individuals, businesses, and government entities.

As a large-cap entity, IDBI Bank Ltd. plays a significant role in the financial landscape, contributing to the growth and development of the banking sector. The bank's strategic initiatives and commitment to innovation position it as a key player in the industry. As IDBI Bank Ltd. continues to evolve, its focus on enhancing customer experience and expanding its product offerings will be crucial in maintaining its competitive edge.

Track IDBI Bank Ltd. Share Price on Univest

Use IDBI Bank Ltd. (IDBI) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track IDBI Bank Ltd. Share Price on Univest to stay updated on live price movements, technical indicators, and fundamental ratios. Univest provides comprehensive insights into the stock's performance, including shareholding patterns, 52-week levels, and market trends. By leveraging Univest's platform, investors can make informed decisions based on real-time data and analysis.

Frequently Asked Questions

What is the current share price of IDBI Bank Ltd.?

Ans. The current share price of IDBI Bank Ltd. is Rs 87.17, reflecting a 3.2% increase from the previous close of Rs 84.47. The stock moved 3.2% during the session. The intraday range extended from Rs 83.85 to Rs 87.44.

How much did IDBI Bank Ltd. share price rise today?

Ans. IDBI Bank Ltd. share price rose by 3.2% today, closing at Rs 87.17, up from the previous close of Rs 84.47. The stock moved 3.2% during the session. The intraday range extended from Rs 83.85 to Rs 87.44.

What is the market capitalization of IDBI Bank Ltd.?

Ans. IDBI Bank Ltd. has a market capitalization of Rs 91,352.41 crore, positioning it as a large-cap entity in the banking sector. The company operates in the Bank sector. Its P/E ratio is 10.26x.

What is IDBI Bank Ltd.'s P/E ratio?

Ans. IDBI Bank Ltd.'s P/E ratio is 10.26, slightly above the sector median of 9.64, indicating a fair valuation compared to its peers. The company trades at a P/E ratio of 10.26x.

How does IDBI Bank Ltd.'s P/B ratio compare to the sector?

Ans. IDBI Bank Ltd.'s P/B ratio of 0.92 is below the sector median of 1.01, suggesting potential undervaluation based on book value. The company trades at a P/E ratio of 10.26x.

What are IDBI Bank Ltd.'s ROE and ROCE?

Ans. IDBI Bank Ltd.'s ROE is -6.04% and ROCE is 0.05%, both below the sector medians, indicating challenges in profitability and capital utilization. ROE stands at -6.04%. ROCE stands at 0.05%.

How does IDBI Bank Ltd. compare to its peers?

Ans. IDBI Bank Ltd. has a P/E ratio of 10.26, aligning with Suryoday Small Finance Bank Ltd. and below peers like Fino Payments Bank Ltd. with 26.5. Comparable listed companies include Suryoday Small Finance Bank Ltd., Dhanlaxmi Bank Ltd., Fino Payments.

What is the sector context for IDBI Bank Ltd.?

Ans. IDBI Bank Ltd. operates in the banking sector, with a sector P/E median of 9.64 and a P/B median of 1.01, amidst a competitive landscape. The stock belongs to the Bank sector.