Is IDBI Bank Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, IDBI Bank Limited pays dividends. Last time was Thursday 22nd of August 2024 where the investors holding the stock on Tuesday 16th of July 2024 were paid INR1.5 per share. Over the last 22 times between 1998 and 2024, IDBI Bank Limited has paid INR48.5 with an average of INR2.2 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for IDBI Bank Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR28.00, you would have made a profit of INR60.33 per share or 215.46%
Yes, the average daily trading liquidity for IDBI Bank Limited is INR19.32 million. You should therefore be able to get in and out of your positions relatively fast.
IDBI Bank Limited has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. IDBI Bank Limited has a very good net profit margin of 31.90% and should have very high tolerances against inflation.
We have calculated the inflation risk for IDBI Bank Limited to be low [0.3 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.