IDBI BANK LTD
Long

IDBI Bank: Technical Support and Positive Fundamentals

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IDBI Bank's share price recently dropped by 20%, falling below its trendline but is now finding support above it, indicating a potential for a bounce-back. The bank reported a 31% increase in net profit for Q3 FY 2025, driven by strong growth in net interest income and improved asset quality, with total deposits rising by 9% year-on-year

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