The company announced results on Saturday, 26 April 2008.
Meanwhile, the BSE Sensex was down 62.90 points, or 0.37%, to 17,063.08.
On BSE, 1.18 lakh shares were traded in the counter. The scrip had an average daily volume of 17.02 lakh shares in the past one quarter.
The stock hit a high of Rs 106.70 and a low of Rs 104.70 so far during the day. The stock had a 52-week high of Rs 181 on 20 November 2007 and a 52-week low of Rs 81.55 on 24 March 2008.
The mid-cap scrip had outperformed the market over the past one month till 25 April 2008, gaining 21.03% compared to the Sensex's return of 6.93%. It had underperformed the market in the past one quarter, declining 14.80% compared to Sensex's decline of 6.73%.
The company's current equity is Rs 724.68 crore. Face value per share is Rs 10.
The current price of Rs 104.95 discounts its Q4 March 2008 annualized EPS of Rs 13.52, by a PE multiple of 7.76.
Industrial Development Bank of India (IDBI)'s net profit rose 15.73% to Rs 729.45 crore on 30.98% growth in total income to Rs 9656.31 crore on FY 2008 over FY 2007.
IDBI's principal activities are to provide commercial banking services, which include merchant banking, direct finance, infrastructure finance, rehabilitation assistance, venture capital fund, advisory, trusteeship, forex, treasury and other related financial services