The company's market capitalisation (m-cap) declined by Rs 1,779.31 crore to Rs 19,224.69 crore on the BSE.
On the traded volume front, 16.84 lakh shares were traded on the BSE and over 1.98 crore on the NSE.
IDBI Bank on Wednesday reported widening of loss to Rs 3,800.84 crore for the June quarter, hurt by higher provisioning for bad loans.
The bank had posted a loss of Rs 2,409.89 crore in the April-June quarter of 2018-19.
Its provisioning for non-performing assets (NPAs) or bad loans zoomed to Rs 7,009.49 crore during the first quarter of 2019-20, from Rs 4,602.55 crore in the year-ago period.
Total provisioning and contingencies during the quarter rose to Rs 6,332.05 crore from Rs 5,235.96 crore.
Total income of the bank for the quarter under review also declined to Rs 5,923.93 crore, as against Rs 6,402.50 crore a year ago, IDBI Bank said in a regulatory filing.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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