idbi bank

Traded @ BSE/NSE (500116)
Target : 100+

Go for this.....!!!

IDBI Bank Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 14,275.24 Cr.) operating in Banks sector.
IDBI Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 20829.77 Cr to Interest Income (73.98% of Total Interest Income),Income From Investment which contributed Rs 7209.80 Cr to Interest Income (25.60% of Total Interest Income),Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 69.35 Cr to Interest Income (0.24% of Total Interest Income),Interest which contributed Rs 45.07 Cr to Interest Income (0.16% of Total Interest Income), for the year ending 31-Mar-2015. The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 14112.18 Cr. (6.64% of total assets) and Net Non Performing Assets (Net NPAs) of Rs 6496.17 Cr. (3.18% of total assets).
For the quarter ended 30-Jun-2015, the company has reported a Standalone Interest Income of Rs. 5323.14 Cr., down -1.37% from last quarter Interest Income of Rs. 5396.96 Cr. and up 5.94% from last year same quarter Interest Income of Rs. 5024.54 Cr. Company has reported net profit after tax of Rs. 135.18 Cr. in latest quarter.

Buy @ 89 - 89.50
Today's Target: 93.50 - 95+
Ultimate Target : 100+
SL : 83