IDBI Bank Share Price Target 2024 To 2030 – Since share prices are the most significant aspect of any business listed on a stock exchange, targets for their value are established, such as the IDBI bank share price objective. While goals aren’t always sufficient because of this The value of shares, specifically the IDBI bank share price, is predicted every five years, along with the prognosis for the next five years. IDBI bank share price prediction 2025 will be made for the years that follow until 2030. After that, another prediction will be made for IDBI bank share price prediction 2030, which will be made for the following five years, and the cycle will continue in every year after that.
About – IDBI Bank
The establishment of IDBI Bank Limited in 1964 sparked fierce competition among other industry participants due to its goal of providing a range of financial offerings, including personal loans and an online banking system for its customers.
Currently, IDBI Bank Limited operates in three segments: Treasury, Retail Banking, and Corporate/Wholesale Banking. It provides banking and financial solutions to both corporate and retail clients in India. Along with savings, current, salary, and fixed deposit accounts, it also offers loans for homes, cars, education, and personal use as well as loans secured by assets and properties. Debit, credit, and prepaid cards are also offered, along with internet and mobile banking services.
Overview of IDBI Bank Share
- Market Cap – โน 99.65KCr.
- Current Price – โน92.68
- Open – โน93.50
- High – โน93.82
- Low – โน92.60
- Dividend Yield -1.62%
- PF Ratio – 15.83
- 52-Week High – 107.90
- 52-Week Low – 59.50
IDBI Bank Share Price Target 2024 To 2030
We offered IDBI share price targets for 2024, 2025, 2026, and up to 2030 based on the most recent trade data and algorithms. These goals represent probable support and resistance levels in the next years.
Year | Share Price Target |
2024 | โน124 |
2025 | โน159 |
2026 | โน200 |
2027 | โน295 |
2028 | โน326 |
2029 | โน468 |
2030 | โน598 |
Peer Companies of IDBI Bank
- Kotak Mahindra Bank
- Axis Bank
- HDFC bank
- ICICI bank
- Indusind bank
- City union bank
- Yes bank
How to Purchase For IDBI Bank
IDBI bank shares are available for purchase through a variety of trading platforms, including Zerodha, Upstox, Groww, and Angel One.
Investor Types and Ratios For IDBI Bank
It is possible to evaluate the stability and growth potential of IDBI Bank by comprehending the composition of its investors.
Mar 2024 | |
Promoters | 94.72% |
FIIs | 0.45% |
DIIs | 0.15% |
Government | 0.01% |
Public | 4.67% |
Advantages of IDBI Bank Share
- The company should have a strong quarter.
- For the past five years, the company has produced strong profit growth at a 28.8% CAGR.
Disadvantages of IDBI Bank Share
- Despite consistently declaring profits, the corporation does not distribute dividends.
- The company’s interest coverage ratio is inadequate.
- The promoter holding is down -2.04% from the previous quarter.
- The company’s three-year return on equity is a pitiful 7.72%.