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IDBI Bank shares jump 5.71% to Rs 93.23; valuation metrics in focus

IDBI Bank logoIDBI Bank
Sig0.85Sen+3.20Env0.00Soc0.00Gov0.00

IDBI Bank shares rose 5.71% to Rs 93.23 from Rs 88.19, extending an intraday move from an open and low of Rs 87.60 to a high of Rs 93.46. Turnover was Rs 14.15 crore and market capitalisation stood around Rs 94,545.87 crore. Valuation indicators cited include P/E 10.18x, P/B 1.51x, ROE 16.5%, ROCE 14.76% and EPS Rs 8.67, with dividend yield at 0%.

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