IDBI Bank is one of India’s largest public sector banks, with a long history of serving the financial needs of the country. However, the bank has been facing significant challenges in recent years, including a rising tide of bad loans and a sluggish economy. Despite these challenges, many investors remain optimistic about the future of IDBI Bank, and are looking ahead to its potential share price target in the years ahead.
In this article, we will examine the current state of IDBI Bank, and explore the factors that will impact its share price target in the years between 2023 and 2030. We will also consider whether IDBI Bank is a good auto stock to buy for those looking for a stable, long-term investment opportunity.
Finally, we will delve into the recent IDBI Bank deal travails, and what they may mean for the future of public sector bank privatisation in India.
About the Bank
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 50.20 INR.
Latest news about IDBI Bank Ltd.
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IDBI Bank Deal Travails Show Pain Ahead For PSU Bank Privatisation. [9-feb-2023]
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Moodys withdraws IDBI Banks credit ratings for business reasons. [9-feb-2023]
How to buy IDBI Bank Ltd shares? [ Online / Offline ]
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’s share price is expected to see significant fluctuations in the years between 2026 and 2030. In 2026, the maximum price is projected to be ₹88.83 while the minimum price is expected to be ₹62.18.
By 2027, the share price is projected to decline, with a maximum price of ₹75.50 and a minimum price of ₹52.85. However, by 2028, the bank’s share price is expected to see a resurgence, with a maximum price of ₹135.90 and a minimum price of ₹95.13.
The following year, in 2029, IDBI Bank’s share price is projected to soar even higher, reaching a maximum price of ₹279.17 and a minimum price of ₹195.42.
Finally, in 2030, the bank’s share price is expected to reach its highest point, with a maximum price of ₹310.89 and a minimum price of ₹217.62.
These projections indicate that IDBI Bank’s share price may be subject to significant ups and downs in the coming years, but overall, the trend appears to be upwards.
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 |
| 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% |
The financial statement of Voltas for the past five years shows a mixed picture of growth and decline. The revenue growth has seen a dip over the years with a decrease from 23,046.25 in March 2018 to 18,319.18 in March 2022.
On the other hand, the operating profit has seen a fluctuation from 2,347.84 in March 2018 to a minimum of -3,243.16 in March 2020 and a maximum of 8,816.12 in March 2018.
The other income has shown a stable growth over the years with a maximum of 7,248.06 in March 2018 and a minimum of 4,371.17 in March 2022.
Depreciation and interest have also seen an upward trend over the years. However, the net profit after tax (PAT) has seen a constant decline with a maximum of -8,132.40 in March 2018 and a minimum of 2,891.40 in March 2022.
The earnings per share (EPS) also show a decline over the years with a minimum of -26.37 in March 2018 and a maximum of 2.69 in March 2022.
The price to earnings ratio (PE) has fluctuated with a maximum of 21.96 in March 2022 and a minimum of -55.56 in March 2018.
The dividend payout has been zero for the last five years. The overall operating profit margin (OPM) has shown a decline with a maximum of 46.72% in March 2018 and a minimum of 0% in March 2019 and March 2020.
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 because IDBI Bank has consistently reported strong financial results, indicating the bank’s stability and profitability
What is the IDBI Share price target for 2025?
IDBI’s Share price target for 2025 is Rs.126.89 by the end of 2025 because IDBI Bank has made significant investments in technology, which has helped the bank to improve its customer service and provide a seamless banking experience.
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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.
IDBI Bank is owned by the Indian government, which provides a measure of stability and security for investors. which has 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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