IDFC First Bank Ltd. News and Updates

Name: Latest research reports of IDFC First Bank Ltd. authored by Keynote Capitals Ltd and published by - Trendlyne research reports.
Item: IDFC First Bank Ltd.
Rating: 5
Author: Keynote Capitals Ltd

Keep track of all breaking news on IDFC First Bank Ltd. from all sources in a single place.

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IDFC First Bank Ltd.

25 Oct 2022

69.52

0.07%

IDFC First Bank Ltd

Buy: IDFC First Bank Ltd.

Keynote Capitals Ltd

Quarterly Update Q2FY23

IDFC First Bank Ltd. has an average target of 71.53 from 9 brokers.

IDFC First Bank Ltd.

25 Oct 2022

69.52

0.07%

Treasury gain a key earnings delta; core performance on expected lines

Hold: IDFC First Bank Ltd.

Recommendation Target

ICICI Securities Limited

IDFC FIRST Bank’s (IDFCFB) Q2FY23 sequential earnings delta was primarily due to treasury gain of Rs1.16bn (vs loss of Rs440mn in Q1FY23).

BOB Capital Markets Ltd. increased Buy price target of IDFC First Bank Ltd. to 79.0 on 28 Apr, 2025.

IDFC First Bank Ltd.

24 Oct 2022

69.52

0.07%

IDFC First Bank stock gives over 101% returns in 4 months; Should you buy after Q2 results?

livemint

IDFC First Bank's Q2FY23 numbers were strong with a growth of 266% in profitability to 556 crore compared to a profit of 152 crore in the same period last year. The PAT was driven by robust growth in core operating income.

Number of FII/FPI investors decreased from 636 to 624 in Mar 2025 qtr

IDFC First Bank shares gain 4% in Muhurat trade after earnings beat estimates

Moneycontrol | 24 Oct 2022

IDFC First Bank Ltd.

24 Oct 2022

69.52

0.07%

Results Earnings Call for Q2FY23 of IDFC First Bank

Conference Call with IDFC First Bank Management and Analysts on Q2FY23 Performance and Outlook. Listen to the full earnings transcript.

audio

IDFC First Bank Ltd.

23 Oct 2022

69.52

0.07%

Earnings momentum remains strong; RoA improves

Buy: IDFC First Bank Ltd.

Motilal Oswal

Number of FII/FPI investors decreased from 636 to 624 in Mar 2025 qtr

IDFC First Bank Ltd.

22 Oct 2022

69.52

0.07%

IDFC First Bank Q2 net profit jumps 266% to Rs 556 cr; NII climbs 32%

Business Standard

IDFC First Bank on Saturday reported a 266 per cent jump in its net profit at Rs 556 crore for the quarter ended September 2022 on the back of strong growth in core operating income. The private sector lender had posted a net profit of Rs 152 crore in the same quarter a year ago. Its core operating income (excluding trading gains) rose by 35 per cent from a year ago to Rs 3,947 crore in Q2 of 2022-23 fiscal year, it said in a regulatory filing. Net interest income climbed 32 per cent at Rs 3,002 crore, while fee and other income spurted by 44 per cent to Rs 945 crore in the September quarter of FY23. Total income in the three months to September rose to Rs 6,531.03 crore as against Rs 4880.29 crore in the same period of 2021-22. Asset quality was better with gross non-performing assets (NPA) coming down to 3.18 per cent of the gross advances as of end-September 2022 from 4.27 per cent a year ago. Net NPAs were also down at 1.09 per cent as against 2.19 per cent. The bank said it

Number of FII/FPI investors decreased from 636 to 624 in Mar 2025 qtr

IDFC First Bank garners whopping 266% yoy growth in Q2 PAT to 556 cr

livemint | 22 Oct 2022

IDFC First Bank Ltd.

17 Oct 2022

69.52

0.07%

Buy IDFC First Bank; target of Rs 70: Motilal Oswal

Moneycontrol

Motilal Oswal is bullish on IDFC First Bank recommended buy rating on the stock with a target price of Rs 70 in its research report dated October 17, 2022.

Number of FII/FPI investors decreased from 636 to 624 in Mar 2025 qtr

IDFC First Bank Ltd.

17 Oct 2022

69.52

0.07%

IDFC First Bank Ltd

Buy: IDFC First Bank Ltd.

Keynote Capitals Ltd

Initiating Coverage Report

IDFC First Bank Ltd. has gained 16.02% in the last 1 Month

IDFC First Bank Ltd.

16 Oct 2022

69.52

0.07%

Liability re-pricing and operational efficiency to drive RoE

Buy: IDFC First Bank Ltd.

Recommendation Target

Motilal Oswal

BOB Capital Markets Ltd. increased Buy price target of IDFC First Bank Ltd. to 79.0 on 28 Apr, 2025.

IDFC First Bank Ltd.

10 Oct 2022

69.52

0.07%

Axis Securities initiates coverage on IDFC First Bank, sees 31% upside

Economic Times

"We expect the bank to continue its journey moving forward to further augment its ROA/ROE by leveraging powerful unit economics, incremental retail lending business at an ROE of 18-20%, improving branch productivity with normalized cost-to-income ratio and scaling up its fee income from new business launches like Wealth, FASTag, credit card, CMS, among others.