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Analyst Aditya Shah of Hercules Advisors says IDBI Bank divestment to Fairfax is long-term positive for the bank and PSU peers, though near-term stock gains may be limited
By ScoutQuest · · 1 min read
- Current trading price range
- 80 to 82 rupees
Heard on business television between 16:25:32 - 16:28:32 IST.
- Aditya Shah, founder of Hercules Advisors, said the IDBI Bank divestment going through is positive not only for IDBI but for all PSU companies that have been candidates for similar moves.
- He said it is a big positive for the government and for IDBI Bank, but near-term stock upside may be limited as expectations were already priced in.
- He noted the stock was trading around Rs 80-82 and said the move is positive in the long term for shareholders.
- He said the deal does not signal a broader shift in government policy on PSU banks since IDBI had been a long-pending candidate specifically.
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Source: Live TV News Channel · 14 Oct 2026
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