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