Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Loading...
Search

Total 264 results found. Search for [ IDBI Bank Stock Price ]

Results 1 to 21 of 264
Anand Adhikari
New Delhi, May 13, 2021
The government and LIC have taken a decision to offload the equity stake in the development financial institution turned IDBI Bank to a strategic investor. But the big question is at what price the stake will be sold to a strategic investor. At the current valuations, the bank will be sold at a dirt-cheap price.  In fact, the sale should be based on the forward-looking parameters, which are very encouraging for the bank. The bank has witnessed a turnaround with the first-ever profits in the last five years. It has completely shifted from a corporate bank to a retail bank, which is much secured in terms of asset quality. The LIC-IDBI Combo offers a huge opportunity to cross-sell as the insurance giants have crores of customers.  And finally, the new buyer has to pay a control premium for acquiring a large stake and also a banking license, which is difficult to get as there are many aspirants. Anand Adikari, Executive Edtior, Business Today looks at the valuation issues surrounding the stake sale. Also Read : E-investingWatch More: How to make ARCs more effective to manage post-Covid NPAs  


BusinessToday.In
May 6, 2021
The extent of respective shareholding to be divested by the Government of India (GoI) and LIC shall be decided at the time of structuring of transaction in consultation with RBI


BusinessToday.In
May 4, 2021
Net profit in the March ended quarter stood at Rs 512 crore, up 278 per cent on a year-on-year basis and 35 per cent on a sequential basis


BusinessToday.In
March 24, 2021
Share market losers today: Mahindra & Mahindra, State Bank of India, ICICI Bank, IndusInd Bank, and Axis Bank were among top losers on BSE Sensex pack on March 24


BusinessToday.In
March 24, 2021
Adani Green Energy share stock touched an intraday high of Rs 1,341.6 rising 2.24% against previous close of Rs 1,312 on BSE


BusinessToday.In
March 24, 2021
Rossari Biotech share price declined as much as 5 per cent to Rs 1,056.8 on BSE as investors resorted to profit booking after the company board gave nod to issue equity shares aggregating to Rs 300 crore on preferential basis


BusinessToday.In
March 24, 2021
Anupam Rasayan share opened at Rs 520, 6.3% lower against issue price of Rs 555 on NSE. Market cap of the firm stood at Rs 5,208 crore


BusinessToday.In
March 24, 2021
In the opening trade, Rail Vikas Nigam share price declined as much as 7.56 per cent to hit low of Rs 28.10 on the BSE


BusinessToday.In
March 24, 2021
Shares of Reliance Industries, Bharti Airtel, ONGC, Hero MotoCorp, Rail Vikas Nigam, JK Tyre and Industries, Suzlon, Tata Motors will be in focus in Wednesday's trading session


BusinessToday.In
March 24, 2021
Stock Market News Update Today: The BSE Sensex witnessed broader-based selling with 28 out of 30 BSE index heavyweights ending in red amid fear that second and third wave infections in India are bound to hamper economic recovery


BusinessToday.In
March 15, 2021
YES Bank stock lost 3.14% to Rs 15.40 against previous close of Rs 15.90. Market cap of the lender fell to Rs 39,210 crore on BSE


BusinessToday.In
March 12, 2021
Top losers in the stock market today: Reliance Industries, Sun Pharma, ICICI Bank, Maruti Suzuki, Bajaj Auto were among top laggards on BSE and NSE on March 12


BusinessToday.In
March 12, 2021
Apollo Pipes share price hit 20 per cent upper circuit of Rs 883 on the Bombay Stock Exchange, in an otherwise weak broader market, on the back of strong volume


BusinessToday.In
March 12, 2021
Share of Quick Heal Technologies rose up to 4.5% to Rs 213.85 against previous close of Rs 204.10 on BSE


BusinessToday.In
March 12, 2021
AstraZeneca Pharma share gained as much as 1.88 per cent to hit a high of Rs 3,480 after the drug maker received import and market permission from the DCGI for osimertinib tablets (Tagrisso) used in treatment of non-small cell lung cancer


BusinessToday.In
March 12, 2021
IDBI Bank share price opened 17.36 per cent higher at Rs 44.80 against previous close price of Rs 38.25 on strong volume after RBI removed the lender from the prompt corrective action framework


BusinessToday.In
March 12, 2021
Stock Market News Update Today: Bajaj Auto, Maruti Suzuki, Sun Pharmaceutical Industries, Reliance Industries, UltraTech Cement were among top losers, while Power Grid Corporation, Titan, ONGC and Infosys were among notable gainers.


BusinessToday.In
March 12, 2021
Shares of Reliance, Infosys, HPCL, IDBI Bank, AstraZeneca, NMDC, V Mart, Happiest Minds Technologies will be in focus in Friday's trading session


BusinessToday.In
March 1, 2021
YES Bank stock trades higher than 5 and 100-day moving averages but lower than 20, 50 and 200-day moving averages


BusinessToday.In
February 26, 2021
The shares of the private lender have fallen 1.56 per cent in one week, 3 per cent in a month. Year-to-date, the stock is down 11 per cent and 56 per cent in one year


PAGES 1 OF 14  12345