Shares of IDBI Bank remain in focus on February 27 after a Bloomberg report stated that Fairfax is said to be leading the race to acquire a stake in the lender. The development has drawn investor attention amid the ongoing strategic divestment process.
FROM BLOOMBERG
IDBI BANK: FAIRFAX SAID TO LEAD RACE TO ACQUIRE IDBI BANK STAKE
— RedboxGlobal India (@REDBOXINDIA) February 27, 2026
As of 11 AM IST, IDBI Bank shares were trading within a narrow range. The stock touched an intraday high of ₹114.70 and a low of ₹112.75. It opened at ₹113.84 compared to the previous close of ₹113.71. Trading volumes stood at 68,62,097 shares at the time of reporting.
On the broader performance front, the stock has a 52-week high of ₹118.38 and a 52-week low of ₹66.50, indicating significant movement over the past year.
The report regarding Fairfax leading the race to acquire a stake has not been officially confirmed by the company at the time of writing.
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