Fairfax plans to combine IDBI Bank, Digit and IIFL Capital into one entity
IDBI Bank made an announcement.
· BS Companies, LiveMint Companies
N S Kannan, former managing director and chief executive officer of ICICI Prudential Life Insurance and former chief financial officer of ICICI Bank, is proposed to become…
The analysis
Against that, the stock is +0.4% on the day at ₹80.32, and has returned -4.4% over three months. It sits 31% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -6.0% over the same period, so IDBI Bank is running 1.6 points ahead of its peers.
For IDBI Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- In focus: IDBI Bank (IDBI), in Banks.
- On the day, 2 of 2 are higher: ICICI Bank leads at +0.8% and IDBI Bank trails at +0.4%.
- Over three months: IDBI Bank -4.4% against Banks -6.0% (1.6 points ahead); ICICI Bank -2.5% against Banks -6.0% (3.5 points ahead).
- At least 25% below the 52-week high: IDBI Bank (31%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| IDBI BankIDBI · Banks | ₹80.32 | +0.4% | -2.3% | -4.4% | -30.8% | 0.5× | — |
| ICICI BankICICIBANK · Banks | ₹1,398.00 | +0.8% | +5.8% | -2.5% | -4.4% | 0.9× | — |
Banks
1M -3.4% · 3M -6.0%
IDBI Bank, ICICI Bank
Financial Services
1M -8.8% · 3M -14.9%
Capital Goods & Engineering
1M -10.9% · 3M -5.3%
Insurance
1M -5.4% · 3M -13.4%
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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