IDBI Bank Ltd. share price target and research reports

Name: Latest research reports of IDBI Bank Ltd. authored by Chola Wealth Direct and published by - Trendlyne research reports.
Item: IDBI Bank Ltd.
Rating: 5
Author: Chola Wealth Direct

Latest analyst research reports with target prices and PDF download for IDBI, BSE:500116 IDBI Bank Ltd.

IDBI Bank Ltd.

18 Nov 2010, 12:00AM

92.47

-0.52%

IDBI BANK - INITIATING COVERAGE

Buy: IDBI Bank Ltd.

Chola Wealth Direct

IDBI Bank offlate has been shedding its image of a DFI on both the balance sheet and income front. IDBI Bank was converted into its present form in 2004. Despite merger of its wholly owned subsidiary and United Western Bank, IDBI had retained the colours of a DFI for long. A large high cost loan book and low yielding asset book were among the key drags. Over the recent years the bank has concentrated on its liabilities side. The bank replaced high cost borrowings with high cost deposits. The bank seeks to increase its...

IDBI Bank Ltd. is trading below its 50 day SMA of 93.0

Is IDBI Bank Ltd. worth buying?

604 Votes:

Buy 78.81%

Sell 11.59%

Hold 9.6%