 "IDBI")
Private lender IDBI Bank, on Wednesday, surpassed IndusInd Bank's market capitalisation to become the eighth most valued listed lender after an over 55 per cent rally in the past three trading days.
At 09:17 am, the lender's m-cap hit Rs 330 billion-mark, and was ahead of IndusInd Bank's m-cap of Rs 312 billion, the BSE data shows.
In the past three trading days, the stock of IDBI Bank has rallied 57 per cent to trade at Rs 31.80 level, up from Rs 20.30 hit on Friday, May 29. Turning the corner, IDBI Bank on Saturday posted a profit
At 09:17 am, the lender's m-cap hit Rs 330 billion-mark, and was ahead of IndusInd Bank's m-cap of Rs 312 billion, the BSE data shows.
In the past three trading days, the stock of IDBI Bank has rallied 57 per cent to trade at Rs 31.80 level, up from Rs 20.30 hit on Friday, May 29. Turning the corner, IDBI Bank on Saturday posted a profit
