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Stone_Heart
Jun 5, 2022 7:00 AM

IDBI Bank - Impending Stake Sale 

IDBI BANK LTDNSE

Description

Currently in accumulation zone. Once breaks out of the upper zone, this will move up sharply. Not much liquidity, as government and LIC already holds 95% of holding. Impending stake sale is the key trigger. Stake sale price will determine the movement. Fundamentally too, currently the share price looks undervalued and not demanding.
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