IDBI Bank Share Price Rises 1.21% After Recent Decline

Mumbai, March 18: IDBI Bank shares inched higher in early trade, rising 1.21% to ₹75.00 as of 10:16 AM IST on Wednesday, compared with the previous close of ₹74.10. The move comes after a sharp slide over the past two sessions, suggesting a pause in selling pressure.

There was a brief push upward at the open. The IDBI Bank share price started at ₹75.31 and moved up to ₹77.04 before easing again. On the downside, it has held above ₹74.67 so far.

Why IDBI Bank Share Price Moved

The current uptick appears more like a technical bounce than a reaction to fresh triggers. The stock had corrected sharply after March 16, 2026, after Bloomberg reported that the government is likely to scrap the disinvestment after receiving bids much below the expected price.

In its exchange response, the Bank said, “it has not received any communication from Government of India with respect to scrapping of the said process of Strategic Disinvestment of the Bank and, hence, it is not aware of any information leading to the referenced news report.” It also reiterated that the process is confidential and handled externally.

IDBI Bank Stock Performance Snapshot

As of 10:16 AM IST on March 18, 2026, IDBI Bank share price were trading at ₹75.00, up 1.21%.

The stock has moved within a range of ₹77.04 on the higher side and ₹74.67 so far on the lower side so far. Market capitalisation stands near ₹80,640 crore, while the price to earnings ratio is around 8.68.

Despite the recent recovery, the stock remains well below its 52-week high of ₹118.38. The 52-week low is ₹72.00.

About The Company

IDBI Bank Limited is a full-service banking institution with operations spanning retail, corporate, and treasury segments.

The strategic disinvestment plan was cleared on May 5, 2021. Since then, the process has seen multiple milestones, including the appointment of KPMG India as transaction advisor on October 7, 2022, and regulatory approvals from the Securities and Exchange Board of India on January 5, 2023, and August 23, 2025.

The transaction is being managed by the Department of Investment and Public Asset Management.

Conclusion

IDBI Bank shares have shown early signs of stabilisation after recent declines, but the recovery remains measured. The absence of fresh developments means the broader uncertainty around disinvestment continues to influence sentiment. For now, the stock appears to be in a holding pattern, awaiting clearer direction from the government on the next steps in the stake sale process.