25 XP 0   0   10  
0coffee
Main menu
3rd party ad coffee SUPPORTERis ad-free.

IDBI Bank Limited
Buy, Hold or Sell?

Let's analyze IDBI Bank Limited together

I guess you are interested in IDBI Bank Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of IDBI Bank Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about IDBI Bank Limited

I send you an email if I find something interesting about IDBI Bank Limited.

Quick analysis of IDBI Bank Limited (30 sec.)










What can you expect buying and holding a share of IDBI Bank Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR0.00
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR43.08
Expected worth in 1 year
INR57.02
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
INR13.98
Return On Investment
15.2%

For what price can you sell your share?

Current Price per Share
INR92.19
Expected price per share
INR81.65 - INR97.08
How sure are you?
50%
3rd party ad coffee SUPPORTERis ad-free.

1. Valuation of IDBI Bank Limited (5 min.)




Live pricePrice per Share (EOD)

INR92.19

Intrinsic Value Per Share

INR-75.51 - INR59.44

Total Value Per Share

INR-32.43 - INR102.52

2. Growth of IDBI Bank Limited (5 min.)




Is IDBI Bank Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$5.5b$5b$445.9m8.1%

How much money is IDBI Bank Limited making?

Current yearPrevious yearGrowGrow %
Making money$441m$301.5m$139.5m31.6%
Net Profit Margin0.0%0.0%--

How much money comes from the company's main activities?

3. Financial Health of IDBI Bank Limited (5 min.)




4. Comparing to competitors in the Money Center Banks industry (5 min.)




  Industry Rankings (Money Center Banks)  

3rd party ad coffee SUPPORTERis ad-free.

What can you expect buying and holding a share of IDBI Bank Limited? (5 min.)

Welcome investor! IDBI Bank Limited's management wants to use your money to grow the business. In return you get a share of IDBI Bank Limited.

What can you expect buying and holding a share of IDBI Bank Limited?

First you should know what it really means to hold a share of IDBI Bank Limited. And how you can make/lose money.

Speculation

The Price per Share of IDBI Bank Limited is INR92.19. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of IDBI Bank Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in IDBI Bank Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR43.08. Based on the TTM, the Book Value Change Per Share is INR3.49 per quarter. Based on the YOY, the Book Value Change Per Share is INR4.60 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR0.01 per quarter.
Based on historical numbers we can estimate the returns while holding a share of IDBI Bank Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.040.0%0.040.0%0.030.0%-0.05-0.1%-0.040.0%
Usd Book Value Change Per Share0.040.0%0.040.0%0.050.1%0.070.1%0.050.1%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share0.040.0%0.040.0%0.050.1%0.070.1%0.050.1%
Usd Price Per Share0.54-0.54-0.51-0.46-0.65-
Price to Earnings Ratio13.06-13.06-18.16-10.76-14.18-
Price-to-Total Gains Ratio12.87-12.87-9.29-9.04-13.28-
Price to Book Ratio1.04-1.04-1.08-1.01-2.20-
Price-to-Total Gains Ratio12.87-12.87-9.29-9.04-13.28-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.097061
Number of shares911
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share0.040.07
Usd Total Gains Per Share0.040.07
Gains per Quarter (911 shares)37.9062.70
Gains per Year (911 shares)151.60250.79
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
101511420250241
213022941501492
314534461751743
4260559821002994
52756750212521245
63907902215021496
7310581054317531747
8412091206320031998
9413601358422532249
10515111510425042500

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%3.02.00.060.0%5.05.00.050.0%5.05.00.050.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%7.03.00.070.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%7.03.00.070.0%
3rd party ad coffee SUPPORTERis ad-free.

Fundamentals of IDBI Bank Limited

About IDBI Bank Limited

IDBI Bank Limited provides banking and financial solutions to retail and corporate clients in India. The company offers savings and current accounts, corporate payroll accounts, and fixed deposits; home, auto, education, and personal loans, as well as loans against properties and securities; debit, credit, and prepaid cards; phone, mobile, and Internet banking services; and investment advisory and capital market services, as well as lockers. The company also provides fund based assistance, including term loans; working capital; packing credit to exporters; receivable buyout with recourse; channel financing for dealers of corporates; scheme for financing automated teller machines (ATM)/cash dispense vendors; bill discounting; technology upgrading fund scheme for textile and jute industries; and lending to non-banking finance companies/housing finance companies and commercial real estate sector. In addition, it offers bank and performance guarantees, letters of credit, and buyers credit; cash management, treasury, trade finance, and foreign currency services; and debt syndication and advisory services. Further, the company provides finance to micro, small, and medium enterprises; agriculture finance; and products and services for non-resident Indians, as well as equity, debt and gold products. Additionally, it offers information technology and security, and contact center services; and mutual fund, security trusteeship assignments, share pledge trustee, venture capital fund, safe keeping, escrow agency, and other trusteeship services, as well as acts as a trustee to securitization transactions and bond/debentures. As of March 31, 2020, the company operated 1,892 branches, 3,683 ATMs, and 58 e-lounges. The company was formerly known as IDBI Ltd. and changed its name to IDBI Bank Limited in May 2008. The company was founded in 1964 and is headquartered in Mumbai, India. IDBI Bank Limited is a subsidiary of Life Insurance Corporation of India.

Fundamental data was last updated by Penke on 2024-07-15 01:16:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
Liquidity Details
 Compared to previous yearCompared to industry
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is underpriced.
Based on how much money comes from the company's main activities, the company is expensive.
3rd party ad coffee SUPPORTERis ad-free.

1.1. Profitability of IDBI Bank Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†IDBI Bank Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†IDBI Bank Limited to the¬†Money Center Banks industry mean.
  • A Net Profit Margin of 0.0%¬†means that¬†₹0.00 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of IDBI Bank Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-56.7%+56.7%
5Y-56.7%10Y-381.1%+324.4%
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ-38.3%-38.3%
TTM-33.0%-33.0%
YOY-16.7%-16.7%
5Y-56.7%-7.4%-49.3%
10Y-381.1%-8.3%-372.8%
1.1.2. Return on Assets

Shows how efficient IDBI Bank Limited is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†IDBI Bank Limited to the¬†Money Center Banks industry mean.
  • 1.1% Return on Assets means that¬†IDBI Bank Limited generated¬†₹0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of IDBI Bank Limited:

  • The MRQ is 1.1%. Using its assets, the company is less efficient in making profit.
  • The TTM is 1.1%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ1.1%TTM1.1%0.0%
TTM1.1%YOY0.8%+0.3%
TTM1.1%5Y-1.3%+2.4%
5Y-1.3%10Y-1.1%-0.2%
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1%0.3%+0.8%
TTM1.1%0.3%+0.8%
YOY0.8%0.4%+0.4%
5Y-1.3%-0.1%-1.2%
10Y-1.1%-0.1%-1.0%
1.1.3. Return on Equity

Shows how efficient IDBI Bank Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†IDBI Bank Limited to the¬†Money Center Banks industry mean.
  • 8.0% Return on Equity means IDBI Bank Limited generated ₹0.08¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of IDBI Bank Limited:

  • The MRQ is 8.0%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 8.0%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ8.0%TTM8.0%0.0%
TTM8.0%YOY6.0%+2.0%
TTM8.0%5Y-11.6%+19.6%
5Y-11.6%10Y-12.1%+0.5%
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ8.0%4.2%+3.8%
TTM8.0%4.2%+3.8%
YOY6.0%5.0%+1.0%
5Y-11.6%-1.7%-9.9%
10Y-12.1%-1.9%-10.2%
3rd party ad coffee SUPPORTERis ad-free.

1.2. Operating Efficiency of IDBI Bank Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient IDBI Bank Limited is operating .

  • Measures how much profit IDBI Bank Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†IDBI Bank Limited to the¬†Money Center Banks industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of IDBI Bank Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y-0.0%
5Y-10Y-0.0%
1.2.2. Operating Ratio

Measures how efficient IDBI Bank Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Money Center Banks industry mean).
  • An Operation Ratio of 0.00 means that the operating costs are ₹0.00 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of IDBI Bank Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y-0.000
5Y-10Y3.897-3.897
3rd party ad coffee SUPPORTERis ad-free.

1.3. Liquidity of IDBI Bank Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if IDBI Bank Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Money Center Banks industry mean).
  • A Current Ratio of 0.00¬†means the company has ₹0.00 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of IDBI Bank Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.060-0.060
5Y0.06010Y0.090-0.030
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.448-0.448
TTM-0.349-0.349
YOY-0.352-0.352
5Y0.0600.062-0.002
10Y0.0900.093-0.003
1.3.2. Quick Ratio

Measures if IDBI Bank Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†IDBI Bank Limited to the¬†Money Center Banks industry mean.
  • A Quick Ratio of 0.00¬†means the company can pay off ₹0.00 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of IDBI Bank Limited:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.000
TTM-YOY-0.000
TTM-5Y0.001-0.001
5Y0.00110Y0.004-0.003
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.075-0.075
TTM-0.041-0.041
YOY-0.011-0.011
5Y0.0010.002-0.001
10Y0.0040.006-0.002
3rd party ad coffee SUPPORTERis ad-free.

1.4. Solvency of IDBI Bank Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of IDBI Bank Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†IDBI Bank Limited to Money Center Banks industry mean.
  • A Debt to Asset Ratio of 0.86¬†means that IDBI Bank Limited assets are¬†financed with 86.0% credit (debt) and the remaining percentage (100% - 86.0%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of IDBI Bank Limited:

  • The MRQ is 0.860. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.860. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.860TTM0.8600.000
TTM0.860YOY0.859+0.001
TTM0.8605Y0.872-0.011
5Y0.87210Y0.902-0.030
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8600.915-0.055
TTM0.8600.917-0.057
YOY0.8590.922-0.063
5Y0.8720.916-0.044
10Y0.9020.922-0.020
1.4.2. Debt to Equity Ratio

Measures if IDBI Bank Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†IDBI Bank Limited to the¬†Money Center Banks industry mean.
  • A Debt to Equity ratio of 615.7% means that company has ₹6.16 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of IDBI Bank Limited:

  • The MRQ is 6.157. The company is unable to pay all its debts with equity. -1
  • The TTM is 6.157. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.157TTM6.1570.000
TTM6.157YOY6.102+0.055
TTM6.1575Y6.840-0.684
5Y6.84010Y10.270-3.430
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
MRQ6.15711.224-5.067
TTM6.15711.369-5.212
YOY6.10211.893-5.791
5Y6.84011.504-4.664
10Y10.27012.439-2.169
3rd party ad coffee SUPPORTERis ad-free.

2. Market Valuation of IDBI Bank Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings IDBI Bank Limited generates.

  • Above 15 is considered overpriced but¬†always compare¬†IDBI Bank Limited to the¬†Money Center Banks industry mean.
  • A PE ratio of 13.06 means the investor is paying ₹13.06¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of IDBI Bank Limited:

  • The EOD is 26.747. Based on the earnings, the company is overpriced. -1
  • The MRQ is 13.059. Based on the earnings, the company is underpriced. +1
  • The TTM is 13.059. Based on the earnings, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD26.747MRQ13.059+13.688
MRQ13.059TTM13.0590.000
TTM13.059YOY18.164-5.105
TTM13.0595Y10.762+2.297
5Y10.76210Y14.178-3.416
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
EOD26.74720.641+6.106
MRQ13.0597.406+5.653
TTM13.0597.406+5.653
YOY18.1649.996+8.168
5Y10.76217.366-6.604
10Y14.17814.1780.000
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of IDBI Bank Limited:

  • The EOD is -34.236. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -16.715. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -16.715. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-34.236MRQ-16.715-17.521
MRQ-16.715TTM-16.7150.000
TTM-16.715YOY9.444-26.159
TTM-16.7155Y-45.074+28.359
5Y-45.07410Y-28.970-16.104
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
EOD-34.236-7.760-26.476
MRQ-16.715-5.540-11.175
TTM-16.715-2.451-14.264
YOY9.4441.807+7.637
5Y-45.074-0.693-44.381
10Y-28.970-3.899-25.071
3rd party ad coffee SUPPORTERis ad-free.
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of IDBI Bank Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Money Center Banks industry mean).
  • A PB ratio of 1.04 means the investor is paying ₹1.04¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of IDBI Bank Limited:

  • The EOD is 2.140. Based on the equity, the company is underpriced. +1
  • The MRQ is 1.045. Based on the equity, the company is underpriced. +1
  • The TTM is 1.045. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD2.140MRQ1.045+1.095
MRQ1.045TTM1.0450.000
TTM1.045YOY1.081-0.036
TTM1.0455Y1.013+0.032
5Y1.01310Y2.196-1.183
Compared to industry (Money Center Banks)
PeriodCompanyIndustry (mean)+/- 
EOD2.1401.750+0.390
MRQ1.0451.0450.000
TTM1.0451.0450.000
YOY1.0810.799+0.282
5Y1.0131.310-0.297
10Y2.1962.196+0.000
2. Total Gains per Share
3rd party ad coffee SUPPORTERis ad-free.

3. Summary

3.1. Key Performance Indicators

The key performance indicators of IDBI Bank Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--3.4853.4850%4.598-24%5.774-40%4.308-19%
Book Value Per Share--43.07843.0780%39.593+9%37.633+14%29.815+44%
Current Ratio----0%-0%0.060-100%0.090-100%
Debt To Asset Ratio--0.8600.8600%0.859+0%0.872-1%0.902-5%
Debt To Equity Ratio--6.1576.1570%6.102+1%6.840-10%10.270-40%
Dividend Per Share--0.0110.0110%0.008+41%0.009+14%0.094-89%
Eps--3.4473.4470%2.356+46%-3.918+214%-3.114+190%
Free Cash Flow Per Share---2.693-2.6930%4.532-159%-5.892+119%-6.693+149%
Free Cash Flow To Equity Per Share---6.008-6.0080%0.456-1418%-1.151-81%0.219-2845%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--59.440--------
Intrinsic Value_10Y_min---75.506--------
Intrinsic Value_1Y_max--2.594--------
Intrinsic Value_1Y_min---6.379--------
Intrinsic Value_3Y_max--10.356--------
Intrinsic Value_3Y_min---20.308--------
Intrinsic Value_5Y_max--21.208--------
Intrinsic Value_5Y_min---35.382--------
Market Cap956987543500.800+49%483965622121.800483965622121.8000%460202813304.000+5%408654826113.760+18%607530628089.580-20%
Net Profit Margin----0%-0%-0.5670%-3.8110%
Operating Margin----0%-0%-0%-0%
Operating Ratio----0%-0%-0%3.897-100%
Pb Ratio2.140+51%1.0451.0450%1.081-3%1.013+3%2.196-52%
Pe Ratio26.747+51%13.05913.0590%18.164-28%10.762+21%14.178-8%
Price Per Share92.190+51%45.01045.0100%42.800+5%38.462+17%54.566-18%
Price To Free Cash Flow Ratio-34.236-105%-16.715-16.7150%9.444-277%-45.074+170%-28.970+73%
Price To Total Gains Ratio26.370+51%12.87412.8740%9.294+39%9.039+42%13.282-3%
Quick Ratio----0%-0%0.001-100%0.004-100%
Return On Assets--0.0110.0110%0.008+33%-0.013+216%-0.011+194%
Return On Equity--0.0800.0800%0.060+34%-0.116+245%-0.121+251%
Total Gains Per Share--3.4963.4960%4.605-24%5.783-40%4.402-21%
Usd Book Value--5511990036.0005511990036.0000%5066033216.300+9%4752893891.200+16%3820281295.040+44%
Usd Book Value Change Per Share--0.0410.0410%0.055-24%0.069-40%0.051-19%
Usd Book Value Per Share--0.5130.5130%0.471+9%0.448+14%0.355+44%
Usd Dividend Per Share--0.0000.0000%0.000+41%0.000+14%0.001-89%
Usd Eps--0.0410.0410%0.028+46%-0.047+214%-0.037+190%
Usd Free Cash Flow---344552231.100-344552231.1000%579902470.000-159%-723442442.940+110%-870989388.640+153%
Usd Free Cash Flow Per Share---0.032-0.0320%0.054-159%-0.070+119%-0.080+149%
Usd Free Cash Flow To Equity Per Share---0.071-0.0710%0.005-1418%-0.014-81%0.003-2845%
Usd Market Cap11388151767.660+49%5759190903.2495759190903.2490%5476413478.318+5%4862992430.754+18%7229614474.266-20%
Usd Price Per Share1.097+51%0.5360.5360%0.509+5%0.458+17%0.649-18%
Usd Profit--441021056.700441021056.7000%301506361.100+46%-477625480.500+208%-413095214.840+194%
Usd Revenue----0%-0%473559690.800-100%505019608.940-100%
Usd Total Gains Per Share--0.0420.0420%0.055-24%0.069-40%0.052-21%
 EOD+5 -3MRQTTM+0 -0YOY+17 -125Y+19 -1310Y+17 -16

3.2. Fundamental Score

Let's check the fundamental score of IDBI Bank Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1526.747
Price to Book Ratio (EOD)Between0-12.140
Net Profit Margin (MRQ)Greater than00.000
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than10.000
Debt to Asset Ratio (MRQ)Less than10.860
Debt to Equity Ratio (MRQ)Less than16.157
Return on Equity (MRQ)Greater than0.150.080
Return on Assets (MRQ)Greater than0.050.011
Total1/10 (10.0%)

3.3. Technical Score

Let's check the technical score of IDBI Bank Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.389
Ma 20Greater thanMa 5084.473
Ma 50Greater thanMa 10084.232
Ma 100Greater thanMa 20084.456
OpenGreater thanClose87.520
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Retained Earnings  -191,304,741-125,866,584-317,171,32515,790,409-301,380,91627,676,477-273,704,439493,991,018220,286,579



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets3,314,977,070
Total Liabilities2,851,784,630
Total Stockholder Equity463,192,440
 As reported
Total Liabilities 2,851,784,630
Total Stockholder Equity+ 463,192,440
Total Assets = 3,314,977,070

Assets

Total Assets3,314,977,070
Total Current Assets0
Long-term Assets0
Total Current Assets
Total Current Assets  (as reported)0
Total Current Assets  (calculated)0
+/-0
Long-term Assets
Property Plant Equipment 97,804,046
Long-term Assets  (as reported)0
Long-term Assets  (calculated)97,804,046
+/- 97,804,046

Liabilities & Shareholders' Equity

Total Current Liabilities0
Long-term Liabilities0
Total Stockholder Equity463,192,440
Total Current Liabilities
Total Current Liabilities  (as reported)0
Total Current Liabilities  (calculated)0
+/-0
Long-term Liabilities
Long term Debt Total 126,377,501
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)126,377,501
+/- 126,377,501
Total Stockholder Equity
Common Stock107,524,022
Retained Earnings 220,286,579
Capital Surplus 53,235,207
Other Stockholders Equity 136,877
Total Stockholder Equity (as reported)463,192,440
Total Stockholder Equity (calculated)381,182,685
+/- 82,009,755
Other
Common Stock Shares Outstanding 10,752,402
Liabilities and Stockholders Equity 3,314,977,070



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
3,289,499,564
3,560,443,292
3,752,747,211
3,624,879,582
3,509,088,634
3,211,113,980
3,007,133,325
2,986,528,360
3,023,562,566
3,314,977,070
3,314,977,0703,023,562,5662,986,528,3603,007,133,3253,211,113,9803,509,088,6343,624,879,5823,752,747,2113,560,443,2923,289,499,564
   > Total Current Assets 
219,197,419
205,713,723
303,066,069
398,321,122
429,202,252
300,948,799
400,777,572
0
0
0
000400,777,572300,948,799429,202,252398,321,122303,066,069205,713,723219,197,419
       Cash And Cash Equivalents 
55,232,032
32,940,378
40,507,073
215,229,667
585,358,313
430,706,979
545,488,786
0
0
0
000545,488,786430,706,979585,358,313215,229,66740,507,07332,940,37855,232,032
       Net Receivables 
2,990,492
4,103,811
74,521,453
4,880,962
13,375,332
4,313,143
3,348,382
0
0
0
0003,348,3824,313,14313,375,3324,880,96274,521,4534,103,8112,990,492
       Inventory 
814,518
814,518
7,935,393
7,919,893
7,919,893
7,919,893
7,919,893
0
0
0
0007,919,8937,919,8937,919,8937,919,8937,935,393814,518814,518
       Other Current Assets 
160,160,377
167,855,016
180,102,150
170,290,600
186,805,666
182,398,583
168,549,477
0
0
0
000168,549,477182,398,583186,805,666170,290,600180,102,150167,855,016160,160,377
   > Long-term Assets 0000000000
       Property Plant Equipment 
29,995,217
30,799,509
75,219,250
74,332,261
68,529,278
83,099,081
82,067,595
78,727,306
99,870,351
97,804,046
97,804,04699,870,35178,727,30682,067,59583,099,08168,529,27874,332,26175,219,25030,799,50929,995,217
       Long Term Investments 
1,034,190,953
1,206,092,632
1,169,410,994
1,154,803,170
921,549,571
933,277,254
819,958,328
0
0
0
000819,958,328933,277,254921,549,5711,154,803,1701,169,410,9941,206,092,6321,034,190,953
       Earning Assets 
0
0
928,942,055
1,121,083,499
1,118,405,097
1,016,012,708
941,866,919
1,025,455,419
0
0
001,025,455,419941,866,9191,016,012,7081,118,405,0971,121,083,499928,942,05500
> Total Liabilities 
3,052,741,329
3,316,182,375
3,472,162,859
3,392,256,472
3,290,009,072
2,827,646,894
2,658,776,077
2,610,247,971
2,597,845,489
2,851,784,630
2,851,784,6302,597,845,4892,610,247,9712,658,776,0772,827,646,8943,290,009,0723,392,256,4723,472,162,8593,316,182,3753,052,741,329
   > Total Current Liabilities 
2,395,203,516
2,633,632,364
2,681,102,432
2,715,103,883
2,509,941,561
2,300,906,639
2,351,659,440
0
0
0
0002,351,659,4402,300,906,6392,509,941,5612,715,103,8832,681,102,4322,633,632,3642,395,203,516
       Short-term Debt 
601,462,904
618,324,578
705,916,426
563,639,773
0
0
0
0
0
0
000000563,639,773705,916,426618,324,578601,462,904
       Short Long Term Debt 
601,462,904
618,324,578
705,916,426
563,639,773
0
0
0
0
0
0
000000563,639,773705,916,426618,324,578601,462,904
       Accounts payable 
2,358,664,268
2,598,570,099
2,654,405,158
2,685,838,599
2,481,738,748
2,273,764,106
2,224,054,689
0
0
0
0002,224,054,6892,273,764,1062,481,738,7482,685,838,5992,654,405,1582,598,570,0992,358,664,268
       Other Current Liabilities 
16,805,781
15,940,622
10,001,159
14,418,284
15,578,390
16,765,265
9,560,910
0
0
0
0009,560,91016,765,26515,578,39014,418,28410,001,15915,940,62216,805,781
   > Long-term Liabilities 0000000000
       Long term Debt Total 
0
0
705,916,426
563,639,773
631,855,272
452,877,239
367,488,560
159,080,532
143,449,800
126,377,501
126,377,501143,449,800159,080,532367,488,560452,877,239631,855,272563,639,773705,916,42600
> Total Stockholder Equity
236,321,847
243,748,954
280,584,352
232,623,110
219,079,562
383,467,086
348,357,248
376,280,389
425,717,077
463,192,440
463,192,440425,717,077376,280,389348,357,248383,467,086219,079,562232,623,110280,584,352243,748,954236,321,847
   Common Stock
16,039,393
16,039,576
20,588,151
20,588,151
30,838,627
77,362,949
103,805,940
107,524,022
107,524,022
107,524,022
107,524,022107,524,022107,524,022103,805,94077,362,94930,838,62720,588,15120,588,15116,039,57616,039,393
   Retained Earnings 
100,110,504
106,037,398
80,902,630
34,842,161
-43,902,716
-191,304,741
-317,171,325
-301,380,916
-273,704,439
220,286,579
220,286,579-273,704,439-301,380,916-317,171,325-191,304,741-43,902,71634,842,16180,902,630106,037,398100,110,504
   Capital Surplus 
0
0
123,015,304
123,015,304
181,604,828
430,131,963
496,688,970
507,322,810
507,197,043
53,235,207
53,235,207507,197,043507,322,810496,688,970430,131,963181,604,828123,015,304123,015,30400
   Treasury Stock0000000000
   Other Stockholders Equity 
23,384,393
24,882,461
67,181,230
72,581,162
77,871,877
96,025,677
95,386,308
0
22,816
136,877
136,87722,816095,386,30896,025,67777,871,87772,581,16267,181,23024,882,46123,384,393



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue0
Cost of Revenue-0
Gross Profit00
 
Operating Income (+$)
Gross Profit0
Operating Expense-0
Operating Income00
 
Operating Expense (+$)
Research Development0
Selling General Administrative0
Selling And Marketing Expenses0
Operating Expense00
 
Net Interest Income (+$)
Interest Income0
Interest Expense-0
Other Finance Cost-0
Net Interest Income0
 
Pretax Income (+$)
Operating Income0
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)53,048,4250
EBIT - interestExpense = 0
37,060,593
37,060,593
Interest Expense0
Earnings Before Interest and Taxes (EBIT)053,048,425
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax53,048,425
Tax Provision-16,180,000
Net Income From Continuing Ops036,868,425
Net Income37,060,593
Net Income Applicable To Common Shares37,060,593
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of IDBI Bank Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of IDBI Bank Limited. The general trend of IDBI Bank Limited is BULLISH with 85.7% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine IDBI Bank Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (85.7%) Bearish trend (-85.7%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of IDBI Bank Limited.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 92.46 < 97.08.

The bearish price targets are: 92.07 > 91.97 > 81.65.

Tweet this
IDBI Bank Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of IDBI Bank Limited. The current mas is .

The long score for the Moving Averages is 13/14.
The longshort score for the Moving Averages is 12/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

IDBI Bank Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of IDBI Bank Limited. The current macd is 1.18093949.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the IDBI Bank Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for IDBI Bank Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the IDBI Bank Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
IDBI Bank Limited Daily Moving Average Convergence/Divergence (MACD) ChartIDBI Bank Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of IDBI Bank Limited. The current adx is 18.05.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy IDBI Bank Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
IDBI Bank Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of IDBI Bank Limited. The current sar is 78.62.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
IDBI Bank Limited Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of IDBI Bank Limited. The current rsi is 68.39. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
IDBI Bank Limited Daily Relative Strength Index (RSI) ChartIDBI Bank Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of IDBI Bank Limited. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the IDBI Bank Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
IDBI Bank Limited Daily Stochastic Oscillator ChartIDBI Bank Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of IDBI Bank Limited. The current cci is 259.34.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
IDBI Bank Limited Daily Commodity Channel Index (CCI) ChartIDBI Bank Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of IDBI Bank Limited. The current cmo is 50.26.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
IDBI Bank Limited Daily Chande Momentum Oscillator (CMO) ChartIDBI Bank Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of IDBI Bank Limited. The current willr is -14.83276058.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
IDBI Bank Limited Daily Williams %R ChartIDBI Bank Limited Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of IDBI Bank Limited.

IDBI Bank Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of IDBI Bank Limited. The current atr is 2.92511075.

IDBI Bank Limited Daily Average True Range (ATR) ChartIDBI Bank Limited Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of IDBI Bank Limited. The current obv is 129,008,182.

IDBI Bank Limited Daily On-Balance Volume (OBV) ChartIDBI Bank Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of IDBI Bank Limited. The current mfi is 90.86.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
IDBI Bank Limited Daily Money Flow Index (MFI) ChartIDBI Bank Limited Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for IDBI Bank Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-11DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-12SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-13BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-20WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-04-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-04STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-04-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-04-30STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-02STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-05-03STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-05-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-17STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-21DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-05-22MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-05-23MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-27WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-30MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-05-31STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-03MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-04MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-06-13STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-25MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-06-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-27WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-02STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-05STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-07-09MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-12BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-07-15CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-07-16STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-07-18STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).

6.3. Candlestick Patterns

IDBI Bank Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of IDBI Bank Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.389
Ma 20Greater thanMa 5084.473
Ma 50Greater thanMa 10084.232
Ma 100Greater thanMa 20084.456
OpenGreater thanClose87.520
Total3/5 (60.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of IDBI Bank Limited with someone you think should read this too:
  • Are you bullish or bearish on IDBI Bank Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about IDBI Bank Limited? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about IDBI Bank Limited

I send you an email if I find something interesting about IDBI Bank Limited.


Comments

How you think about this?

Leave a comment

Stay informed about IDBI Bank Limited.

Receive notifications about IDBI Bank Limited in your mailbox!

3rd party ad coffee SUPPORTERis ad-free.