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IDBI Bank share price: The stock surged 9.78 per cent to hit a 52-week high of Rs 71.25 against its previous close of Rs 64.90. It eventually settled 9.09 per cent higher at Rs 70.80 on NSE. On BSE, it finished with 8.19 per cent gains at Rs 70.28. Around 58.61 lakh shares changed hands today. This was way more than the two-week average volume of 9.84 lakh shares. ....
The successful bidder would be required to mandatorily lock-in at least 40 per cent of the equity capital for five years from the date of acquisition. ....