IDBI Bank Share Price Target 2023, 2024, 2025 to 2030: Can IDBI reach 100INR?

IDBI Bank Ltd is an Indian public-domain company, formerly known as Industrial Development Bank of India. IDBI Bank provides a wide range of banking products and financial services to its corporate and retail customers through its network of branches, ATMs, and other delivery channels. It also offers commercial and corporate banking services, such as project financing, working capital finance, term loans, export finance, and venture capital. The bank also offers asset management, insurance, mutual fund, and investment banking services.

IDBI Bank also provides services such as internet banking, mobile banking, and telephone banking. It is also one of the few banks in India to offer Islamic banking services.

Stock Price History of IDBI Bank Ltd 

IDBI Bank Ltd was founded in 1964 to provide a number of services to the industrial sector of India. The bank’s stock has been trading on the Bombay Stock Exchange (BSE) since 1968. 

Since its listing on the BSE, the stock of IDBI Bank Ltd has witnessed several highs and lows. In December 2003, the stock was trading at Rs. 78.45. In the following years, it went up to Rs. 91.50 in December 2005. During the period of 2008-2009, due to the global financial crisis, the stock of IDBI Bank Ltd declined significantly and touched a low of Rs. 22.90 in March 2009. 

Since then, the stock has been on a steady upward trend, with occasional corrections. In April 2021, the stock was trading at Rs. 32.05, up from its 52-week low of Rs. 16.80. Over the past five years, the stock has gained over 200%, providing investors with solid returns.

Currently, the stock of IDBI Bank is trading at 54.60 INR.

Latest news about IDBI Bank Ltd.

  • IDBI Manager Held For Swindling Money From Customers’ Accounts In B’luru
  • IDBI Bank Q3 Net Up 60% YoY To Rs 927 Cr On Improvement In Margin
  • IDBI Bank Posts Record-High Q3 Profit Of Rs 927 Crore On Lower Provisions

How to buy IDBI Bank Ltd shares?

To buy IDBI Bank Ltd shares, investors need to open a Demat account and a trading account with a registered stock broker. Once the account is opened, investors can place buy orders online with their broker. The broker will execute the order in the exchange and the shares will be credited to the investor’s Demat account.

You can buy shares from the following trading platforms:

Zerodha Click here
Upstox Click here
Groww Click here
AngelOne Click here
ICICIDirect Click here

Share Price Prediction of IDBI Bank Ltd:  2023 to 2030

Share Price Target 2023 of IDBI Bank Ltd is ₹74.72

When Maximum Price Minimum Price
February 2023 ₹55.69 ₹42.84
March 2023 ₹41.77 ₹32.13
April 2023 ₹45.95 ₹35.34
May 2023 ₹38.29 ₹29.45
June 2023 ₹45.95 ₹35.34
July 2023 ₹55.14 ₹42.41
August 2023 ₹60.65 ₹46.65
September 2023 ₹63.68 ₹48.99
October 2023 ₹60.65 ₹46.65
November 2023 ₹66.71 ₹51.32
December 2023 ₹74.72 ₹57.48

In January 2023, the maximum price is predicted to be ₹54.60 and the minimum price is ₹41.67. In February 2023, the maximum price is predicted to be ₹55.69 and the minimum price is ₹42.84.

In March 2023, the maximum price is predicted to be ₹41.77 and the minimum price is ₹32.13.

The predictions show an overall upward trend in the share prices with the highest predicted maximum price of ₹74.72 in December 2023 and the lowest predicted minimum price of ₹29.45 in May 2023.

Overall, the predictions indicate a positive outlook for IDBI Bank’s share price in 2023.

Share Price Target 2024 of IDBI Bank Ltd is ₹104.61

When Maximum Price Minimum Price
February 2024 ₹88.37 ₹73.64
March 2024 ₹93.02 ₹75.63
April 2024 ₹84.57 ₹65.05
May 2024 ₹70.47 ₹54.21
June 2024 ₹84.57 ₹65.05
July 2024 ₹71.88 ₹55.72
August 2024 ₹79.07 ₹62.75
September 2024 ₹83.02 ₹63.86
October 2024 ₹97.68 ₹75.13
November 2024 ₹102.56 ₹78.89
December 2024 ₹104.61 ₹80.47

In January 2024, the maximum price is predicted to be ₹78.65 and the minimum price is ₹60.50. In February 2024, the maximum price is predicted to be ₹88.37 and the minimum price is ₹73.64. In March 2024, the maximum price is predicted to be ₹93.02 and the minimum price is ₹75.63.

The predictions indicate an overall upward trend in the share prices with the highest predicted maximum price of ₹104.61 in December 2024 and the lowest predicted minimum price of ₹54.21 in May 2024. It is worth noting that the predictions suggest some fluctuations in the share prices throughout the year.

Share Price Target 2025 of IDBI Bank Ltd is ₹126.89

When Maximum Price Minimum Price
January 2025 ₹106.70 ₹82.08
February 2025 ₹112.32 ₹86.40
March 2025 ₹117.93 ₹90.72
April 2025 ₹105.30 ₹81.00
May 2025 ₹95.73 ₹73.64
June 2025 ₹105.30 ₹81.00
July 2025 ₹100.28 ₹77.14
August 2025 ₹104.46 ₹80.36
September 2025 ₹109.69 ₹84.37
October 2025 ₹116.27 ₹89.44
November 2025 ₹124.41 ₹95.70
December 2025 ₹126.89 ₹97.61

The IDFC bank share prices range from a low of ₹73.64 in May 2025 to a high of ₹126.89 in December 2025. The share price is expected to fluctuate throughout the year, with some months having higher maximum and minimum prices than others.

IDBI Bank’s share price target for 2025 suggests the price could reach ₹126.89 by the end of 2025.

IDBI Bank Ltd Share Price Prediction 2026-2030

Year Maximum Price Minimum Price
2026 ₹88.83 ₹62.18
2027 ₹75.50 ₹52.85
2028 ₹135.90 ₹95.13
2029 ₹279.17 ₹195.42
2030 ₹310.89 ₹217.62

IDBI Bank Ltd is expected to have a positive outlook in the coming years. The share prices are expected to increase steadily due to favorable economic conditions and the bank’s strong presence in the banking sector. We expect the share prices to reach Rs. 88-90 by 2026 and Rs. 310 by 2030. This is deduced by keeping in mind the uncertainty of the market and other financial factors.

Financial Condition of IDBI Bank Ltd: Last 5 years

Narration Mar-18 Mar-19 Mar-20 Mar-21 Mar-22 Trailing Best Case Worst Case
Sales         23,046.25     22,102.10     20,854.19     19,961.97     18,319.18     18,872.09   18,872.09   16,808.12
Expenses         20,698.41     24,117.99     24,097.35     11,490.47     11,178.48     10,055.97   10,055.97   13,913.38
Operating Profit           2,347.84       -2,015.89       -3,243.16       8,471.50       7,140.70       8,816.12     8,816.12     2,894.74
Other Income           7,248.06       3,535.33       4,631.26       4,864.99       4,958.56       4,371.17                     –                       –  
Depreciation               376.81           369.95           394.38           396.85           417.26                       –                       –                       –  
Interest         17,376.20     16,162.46     13,841.12     11,407.51       9,124.93       8,799.02     8,799.02     8,799.02
Profit before tax         -8,157.11     -15,012.97     -12,847.40       1,532.13       2,557.07       4,388.27           17.10   -5,904.28
Tax                           –                           –                           –                           –                           –         1,514.59 35% 35%
Net profit         -8,132.40   -14,986.76   -12,835.24       1,513.97       2,533.67       2,891.40           11.20   -3,866.44
EPS               -26.37           -19.37           -12.36               1.41               2.36               2.69             0.01           -3.60
Price to earning                     -2.74               -2.41               -1.56             27.38             18.16             20.32           21.96           15.45
Price                     72.20             46.65             19.30             38.55             42.80             54.65             0.23         -55.56
RATIOS:
Dividend Payout 0.00% 0.00% 0.00% 0.00% 0.00%
OPM 10.19% 0.00% 0.00% 42.44% 38.98% 46.72%

FAQS

Will the share price of IDBI Bank Ltd increase in 2023?

Yes, the per share price of IDBI Bank Ltd will grow and reach ₹74.72 by the December of 2023. it’s Because the Bank Continuously Works on its Customer Acquisition and Operations Which Play an Important Role in the success of the bank.

What is the price prediction for IDBI Bank Ltd for 2030?

The share price of IDBI Bank Ltd might reach around ₹310.89 by the end of 2030.

What is the Market Cap of IDBI Bank?

The Market Cap of IDBI Bank is ₹54299.6 Cr As on 02 February 2023.

What is the IDBI Share price target for 2025?

IDBI’s Share price target for 2025 is Rs.126.89

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Conclusion

The IDBI Bank Ltd share price is expected to continue its upward trend in the coming years. The company’s strong financial performance, as well as its robust capital structure and strong liquidity position, are expected to support its future growth. In addition, the bank has been able to make strategic investments in technology, infrastructure, and customer service, which have enabled it to become a leader in the banking sector. As such, the IDBI bank’s stock price is expected to remain attractive in the long term.

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