Why did the idbi bank share price react to Kotak’s exit?

Kotak’s withdrawal reduced the bidder set, which briefly hit sentiment. However, Fairfax and Emirates NBD remain in the race, maintaining competitive tension. Investors quickly shifted focus to reserve-price fixation and bid opening, which are the next catalysts. The final bidder’s strategy could reset valuations and influence near-term price action.

Who is bidding for IDBI Bank and how big is the stake?

Fairfax and Emirates NBD are the key bidders, according to media reports. The government and LIC together plan to sell 60.7% with management control. Bids have moved to evaluation, with a winner targeted by March, subject to reserve-price fixation, bid opening, and regulatory clearances thereafter.

What levels should traders watch on idbi bank share price this week?

Watch resistance near ₹109-₹111 and the 52-week high at ₹118. Support sits around the middle Bollinger band ₹101 and the 50-DMA ₹101. ATR near ₹3-₹4 suggests wider swings around events. Pullbacks into ₹101-₹103 may offer entries if trend indicators stay positive and stops are respected.

Is IDBI Bank expensive at current levels?

At ₹104.04, IDBI trades at about 12.5x EPS and 1.67x book with ROE near 14.8% and a 1.9% dividend yield. That looks moderate versus improving profitability, but valuation could shift after the stake sale outcome. Compare any disclosed reserve price to current P-B to judge upside or downside.

Global Market Insights

IDBI.NS Stock Today: Kotak Exits; Fairfax, Emirates NBD File Bids — February 11

ByDanny Kontos February 11, 2026February 11, 2026

The idbi bank share price is in focus after Kotak Mahindra Bank quit the privatisation race. IDBI Bank (IDBI.NS) closed at ₹104.04 on 10 Feb, up 40.81% over 1 year within a ₹66.50-₹118.38 range. Fairfax and Emirates NBD remain bidders for the government and LIC’s 60.7% stake, with evaluation underway and a winner targeted by March. Reserve price fixation and bid opening are near-term catalysts. Markets also discuss a possible CSB Bank tie-up if Fairfax wins, though this is speculative.