IDBI Bank shares jump 13% to five-week peak on surge in trading volume

IDBI Bank’s equity rallied as much as 13% during Wednesday’s session, hitting a five-week high of ₹93.60 after opening at ₹84.80. At 1 PM the stock was still up roughly 9.7% at ₹91, supported by a sharp increase in turnover, with about 116.5 million shares traded. This volume dwarfed the roughly 16 million shares exchanged the day before, making the stock one of the most actively traded on the NSE.

The bank announced that its board will meet on October 17 to consider and approve financial results for the quarter and half-year ended 30 September 2026. Earlier, the lender reported a 17% year-on-year rise in total deposits and an 18% increase in net advances for the September quarter.