IDBI - Technical Analysis with Chart Patterns & Indicators
Back to ListTechnical Rating: 3.6
| Stock Code | IDBI | Market Cap | 81,589 Cr. | Current Price | 75.9 ₹ | High / Low | 118 ₹ |
| Stock P/E | 8.58 | Book Value | 62.9 ₹ | Dividend Yield | 2.77 % | ROCE | 6.58 % |
| ROE | 14.9 % | Face Value | 10.0 ₹ | DMA 50 | 82.8 ₹ | DMA 200 | 91.4 ₹ |
| Chg in FII Hold | 0.04 % | Chg in DII Hold | -0.04 % | PAT Qtr | 1,943 Cr. | PAT Prev Qtr | 1,935 Cr. |
| RSI | 46.4 | MACD | -1.69 | Volume | 1,01,29,638 | Avg Vol 1Wk | 1,22,23,479 |
| Low price | 61.0 ₹ | High price | 118 ₹ | PEG Ratio | 0.23 | Debt to equity | 5.55 |
| 52w Index | 25.9 % | Qtr Profit Var | -5.27 % | EPS | 8.85 ₹ | Industry PE | 15.0 |
📉 IDBI is trading below both its 50 DMA (₹82.8) and 200 DMA (₹91.4), reflecting technical weakness. RSI at 46.4 indicates neutral-to-weak momentum, while MACD remains negative (-1.69), confirming bearish undertones. Bollinger Bands show price leaning toward the lower band, suggesting oversold conditions but not yet a reversal. Current volume (1.01 Cr.) is below average (1.22 Cr.), showing reduced participation.
🔑 Short-term momentum signals: Weak, with limited upside unless price reclaims ₹82–₹85 zone.
🎯 Entry Zone: ₹72–₹76 (support region)
🚪 Exit Zone: ₹85–₹90 (resistance region)
📊 Trend Status: Consolidating with bearish bias
Positive
- Low P/E (8.58) compared to industry (15.0)
- Strong ROE at 14.9%
- Dividend yield of 2.77% provides steady income
- PEG ratio of 0.23 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 15.0 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 ₹72–₹76 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?