Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The government and LIC together hold 94.72 per cent stake in IDBI Bank. The successful bidder would be required to make an open offer for acquisition of 5.28 per cent public shareholding. Pursuant to the transaction, the government will own 15 per cent stake and LIC 19 per cent shareholding in IDBI …

IDBI Bank to continue as ‘Indian private sector bank’ post strategic sale

Broker’s Call: Newgen Software (Buy)

An open offer would be triggered if the acquisition in a listed entity amounts to an aggregate of 25 percent shares.

SEBI to relax rules for government’s stake sale in IDBI Bank

In highly significant development, the government rolled back export duty on steel and iron ore pellets.

Metals, Mining Sector Check - Export Duty Cut, A Relief For Steel Companies: IDBI Capital

Broker’s Call: Dilip Buildcon (Hold)

The company expects margin to further recover as 95% of legacy order is executed by H1 FY23.

Dilip Buildcon Q2 Results Review - Hope Building Up For Revival: IDBI Capital

The sources said that the government expects over Rs 60,000 crore from the IDBI stake sale.

Budget 2023-24: Disinvestment target likely to stay elevated for FY24

Edelweiss Financial Services, DAM Capital Advisors, Equirus Capital, IDBI Capital Market Services and Systematix Corporate Services are managers to the issue, whereas Link Intime India is appointed as the registrar to the issue.

Inox Green Energy IPO subscribed 56% on Day 2 so far

Its steel pipes segment Ebitda/tonne jumped 30% YoY to Rs 5,259 led by strong growth in value added products (mainly API pipes).

Surya Roshni Q2 Results Review - Steel Profitability Improves Remarkably: IDBI Capital

Inox Green Energy IPO subscribed 10% during first two hours of bidding

Revenue from dine-in grew four-year CAGR while from delivery declined to fall in average order value.

Barbeque-Nation Hospitality Q2 Review- Delivery Slows-Down; Growth Story In Dine-In Stays Intact: IDBI Capital

IDBI Bank Limited is a banking company. Its segments include Corporate / Wholesale Banking segment, which includes corporate relationship covering deposit and credit activities other than retail and also covers corporate advisory / syndication, project appraisal and investment portfolio including strategic investments; Retail Banking segment, which includes credit and deposit activities that are primarily oriented towards individuals and small business including priority sector lending and also encompasses payment and alternate channels like automated teller machines (ATMs), point of sale (POS) machines, Internet Banking, mobile banking, credit cards, debit cards, travel/currency cards, third party distribution and transaction banking services, and Treasury segment, which includes trading portfolio of investments, money market operations, derivative trading, foreign exchange operations on the proprietary account and for customers.

IDBI Bank Ltd

IDBI Bank Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

IDBI Bank to continue as ‘Indian private sector bank’ post strategic sale

Broker’s Call: Newgen Software (Buy)

SEBI to relax rules for government’s stake sale in IDBI Bank

Metals, Mining Sector Check - Export Duty Cut, A Relief For Steel Companies: IDBI Capital

Broker’s Call: Dilip Buildcon (Hold)

Dilip Buildcon Q2 Results Review - Hope Building Up For Revival: IDBI Capital

Budget 2023-24: Disinvestment target likely to stay elevated for FY24

Inox Green Energy IPO subscribed 56% on Day 2 so far

Surya Roshni Q2 Results Review - Steel Profitability Improves Remarkably: IDBI Capital

Inox Green Energy IPO subscribed 10% during first two hours of bidding

IDBI Bank Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

IDBI Bank to continue as ‘Indian private sector bank’ post strategic sale

Broker’s Call: Newgen Software (Buy)

SEBI to relax rules for government’s stake sale in IDBI Bank

Metals, Mining Sector Check - Export Duty Cut, A Relief For Steel Companies: IDBI Capital

Broker’s Call: Dilip Buildcon (Hold)

Dilip Buildcon Q2 Results Review - Hope Building Up For Revival: IDBI Capital

Budget 2023-24: Disinvestment target likely to stay elevated for FY24

Inox Green Energy IPO subscribed 56% on Day 2 so far

Surya Roshni Q2 Results Review - Steel Profitability Improves Remarkably: IDBI Capital

Inox Green Energy IPO subscribed 10% during first two hours of bidding

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock