 "IDBI Bank opts for AT-1 bonds to raise Rs 1,500 cr")
IDBI Bank has moved higher to its nine-month high of Rs 74.60, up 6% on the BSE, extending its past over 10% surge in otherwise weak market. The stock of state-owned lender is trading at its highest level since May 18, 2017.
In past four trading sessions, it outperformed the market by gaining 21% from Rs 61.75 on February 16, 2018, as compared to 0.5% decline in the S&P BSE Sensex.
The trading volumes on the counter more than doubled with a combined 37.26 million shares changed hands on the BSE and NSE till 03:00 pm.
The
In past four trading sessions, it outperformed the market by gaining 21% from Rs 61.75 on February 16, 2018, as compared to 0.5% decline in the S&P BSE Sensex.
The trading volumes on the counter more than doubled with a combined 37.26 million shares changed hands on the BSE and NSE till 03:00 pm.
The
