IDBI Bank Soars 6.77% to Day High of Rs 102.25 Amid Market Decline

Oct 28 2025 12:16 PM IST
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IDBI Bank has demonstrated strong performance, gaining 6.77% today and reaching an intraday high of Rs 102.25. The stock has outperformed its sector and is trading near its 52-week high. Over the past year, it has delivered a notable return, significantly exceeding the broader market's gains.
IDBI Bank has shown significant activity today, gaining 6.77% and reaching an intraday high of Rs 102.25. This marks a notable performance, as the stock has outperformed its sector by 5.65%. Over the past two days, IDBI Bank has recorded a consecutive gain, rising 8.33% during this period.

Currently, the stock is trading close to its 52-week high, just 4.51% away from the peak of Rs 106.34. IDBI Bank is also performing well against various moving averages, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In contrast, the broader market is experiencing a decline, with the Sensex down by 0.59% after a negative opening. Despite this, IDBI Bank's performance stands out, reflecting its robust position in the private sector banking industry. Over the past year, the stock has delivered a remarkable return of 25.48%, significantly outpacing the Sensex's 5.38% gain during the same timeframe.
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