IDBI Bank Outperforms Sector with 3.05% Gain Amid Mixed Performance Trends

Dec 26 2024 09:45 AM IST
share
Share Via
IDBI Bank has experienced a revision in its score, reflecting the stock's mixed performance despite a notable daily gain. While the stock outperformed its sector recently, its one-month performance shows a decline. IDBI Bank has also been added to MarketsMojo's list, indicating ongoing interest in its market position.
IDBI Bank has shown a notable performance on December 26, 2024, with a gain of 3.05%, outperforming its sector by 2.75%. The stock reached an intraday high of Rs 79.09, reflecting a rise of 4.02% during the trading session.

In terms of moving averages, IDBI Bank's current price is above its 5-day moving average but remains below the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed trend in its short to long-term performance.

Over the past day, IDBI Bank's performance of 3.30% significantly surpassed the Sensex, which recorded a modest increase of 0.38%. However, looking at the broader picture, the bank's performance over the past month has seen a decline of 4.06%, compared to a decrease of 1.55% in the Sensex.

As a large-cap player in the public banking sector, IDBI Bank continues to navigate a competitive landscape, reflecting both short-term gains and longer-term challenges in its stock performance.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News