IDBI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | IDBI | Market Cap | 79,030 Cr. | Current Price | 73.5 ₹ | High / Low | 118 ₹ |
| Stock P/E | 8.31 | Book Value | 62.9 ₹ | Dividend Yield | 2.86 % | ROCE | 6.58 % |
| ROE | 14.9 % | Face Value | 10.0 ₹ | DMA 50 | 77.7 ₹ | DMA 200 | 88.4 ₹ |
| Chg in FII Hold | 0.04 % | Chg in DII Hold | -0.04 % | PAT Qtr | 1,943 Cr. | PAT Prev Qtr | 1,935 Cr. |
| RSI | 48.0 | MACD | -0.97 | Volume | 61,89,440 | Avg Vol 1Wk | 53,44,201 |
| Low price | 61.0 ₹ | High price | 118 ₹ | PEG Ratio | 0.22 | Debt to equity | 5.55 |
| 52w Index | 21.7 % | Qtr Profit Var | -5.27 % | EPS | 8.85 ₹ | Industry PE | 14.8 |
📉 IDBI is trading below both its 50 DMA (₹77.7) and 200 DMA (₹88.4), reflecting technical weakness. RSI at 48.0 indicates neutral momentum, while MACD remains negative (-0.97), confirming bearish undertones. Bollinger Bands show price leaning toward the lower band, suggesting oversold conditions but not yet a reversal. Current volume (61.9 lakh) is slightly above average (53.4 lakh), showing moderate participation.
🔑 Short-term momentum signals: Weak-to-neutral, with limited upside unless price reclaims ₹76–₹80 zone.
🎯 Entry Zone: ₹70–₹74 (support region)
🚪 Exit Zone: ₹85–₹90 (resistance region)
📊 Trend Status: Consolidating with bearish bias
Positive
- Low P/E (8.31) compared to industry (14.8)
- Strong ROE at 14.9%
- Dividend yield of 2.86% provides steady income
- PEG ratio of 0.22 highlights value potential
Limitation
- High debt-to-equity ratio (5.55)
- Weak ROCE at 6.58%
- Quarterly profit variation (-5.27%) shows earnings pressure
- Price trading below both 50 DMA and 200 DMA
Company Negative News
- Decline in quarterly profit despite marginal PAT improvement
- Reduced DII holding (-0.04%) signals waning domestic institutional confidence
Company Positive News
- FII holding increased (+0.04%), showing foreign investor interest
- PAT stable around ₹1,943 Cr. despite sector challenges
Industry
- Industry PE at 14.8 indicates sector trading at higher multiples
- Banking sector facing credit growth challenges and regulatory tightening
Conclusion
⚖️ IDBI offers value-driven fundamentals but weak technical momentum. Best suited for cautious accumulation near ₹70–₹74 with profit booking around ₹85–₹90. Trend remains consolidative with bearish bias unless price sustains above 50 DMA.
Would you like me to extend this into a peer benchmarking overlay (comparing IDBI’s valuation and technicals against Indian Bank, Bank of India, and IndusInd Bank) so you can see relative positioning within the sector?