Premium Subscribers: Complete your KYC to Avoid
Service Suspension. Login Here.

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

IDBI Bank Gains 4%; BSE BANKEX Index Down 0.2%
Sun, 1 Feb 9:58

IDBI Bank Gains 4%; BSE BANKEX Index Down 0.2%Image source: Nikada/www.istockphoto.com

IDBI Bank share price has zoomed 4% and is presently trading at Rs 103.1.

Meanwhile, the BSE BANKEX index is at 66,956.0 (down 0.2%).

Among the top gainers in the BSE BANKEX index today are Kotak Bank (up 0.6%) and HDFC Bank (up 0.5%).

Bank of Baroda (down 1.8%) and Federal Bank (down 1.3%) are among the top losers today.

Over the last one year, IDBI Bank has moved up from Rs 77.8 to Rs 103.1, registering a gain of Rs 25.3 (up 32.5%).

On the other hand, the BSE BANKEX index has moved up from 55,891.8 to 66,956.0, registering a gain of 19.8% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were AU SMALL FINANCE BANK (up 64.6%), Federal Bank (up 53.2%) and SBI (up 42.4%).

We're Going On-Air Today: The Small Cap Proxy Players Briefing

What About the Benchmark Indices?

The BSE Sensex is at 82,333.9 (up 0.1%).

The top gainers among the BSE Sensex today are Sun Pharma (up 1.7%) and Power Grid Corp. (up 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 25,319.6 . Hindalco and Infosys are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 76,533.0 to 82,333.9, registering a gain of 5,800.9 points (up 7.6%).

IDBI Bank Financial Update...

IDBI Bank net profit grew 1.6% YoY to Rs 19,594 million for the quarter ended December 2025, compared to a profit of Rs 19,291 million a year ago. Net sales declined 9.5% to Rs 70,802 million during the period as against Rs 78,193 million in October-December 2024.

For the year ended March 2025, IDBI Bank reported 31.8% increase in net profit to Rs 76,307 million compared to net profit of Rs 57,881 million during FY24. Revenue of the company grew 9.3% to Rs 289,171 million during FY25.

The current Price to earnings ratio of IDBI Bank, based on rolling 12 month earnings, stands at 11.9.


Equitymaster requests your view! Post a comment on "IDBI Bank Gains 4%; BSE BANKEX Index Down 0.2%". Click here!