Stock market analyst Krunal Dayma of Aptart India has maintained 'buy' rating on IDBI Bank Ltd stock to achieve an intraday target of Rs 148.

According to analyst, the interested investors can buy the stock with strict stop loss of Rs 127.

The stock of the bank, on Sep 08, closed at Rs 133.90 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 140 and a low of Rs 104.50 on BSE.

Current EPS & P/E ratio stood at 15.32 and 8.89 respectively.

By 2010-11 end, IDBI Bank announced that it would lift up Rs 1,500 crore in upper tier-II capital in one or two portions in order to finance its growth plans.

Bank Chairman and Managing Director R. M. Malla stated that by 2010-11 end, IDBI Bank was eyeing to raise 20% in deposits and taking the current-and-savings-account (CASA) component to 20% from the existing 14%.

Mr. Malla stated that the banking institution would focus on the strong-growing home-loan section.

The bank's outstanding range stood at Rs 18,000 crore.

Moreover, the bank is eyeing to double up its customer base to 1 crore by the next 12 months by following a cut-throat growth plan.

IDBI Bank is eyeing to launch 260 divisions and set up 500 ATMs by the next one year.