BSE MidCap Select News and Updates

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

Keep track of all breaking news on BSE MidCap Select from all sources in a single place.

Load latest

IDFC First Bank Ltd.

28 Apr 2025

64.89

-3.05%

IDFC FIRST Bank Q4 Results Review: Well Placed On Growth, Rate Cycle; ICICI Securities Maintains 'Buy'

NDTV Profit

ICICI Securities believes RoA has bottomed out and expect 1% RoA by exit FY26E, hence maintain Buy on IDFC First Bank.

IDFC First Bank Ltd. has an average target of 70.60 from 9 brokers.

IDFC First Bank Ltd.

28 Apr 2025

64.89

-3.05%

IDFC First Bank (BUY): Poised for higher profitability

Buy: IDFC First Bank Ltd.

Target

BOB Capital Markets Ltd.

PAT beat estimates, aided by higher non-interest income and lower operating expenses

IDFC First Bank Ltd. has an average target of 70.60 from 9 brokers.

MphasiS Ltd.

28 Apr 2025

2469.00

-1.71%

Mphasis: BFS driving growth, above-industry growth guided for FY26; retaining a Buy

Buy: MphasiS Ltd.

Target

Anand Rathi

Mphasis demonstrated strong financial performance, with 2.9% q/q, 5.4% y/y revenue growth in CC, driven by significant contribution from the BFS sector (50% of revenue) and a sharp rebound in the Technology, Media & Telecommunications segment (18% of revenue).

Number of MF schemes increased from 213 to 221 in Mar 2025 qtr.

IDFC First Bank Ltd.

28 Apr 2025

64.89

-3.05%

Result Update:IDFC First Bank

Hold: IDFC First Bank Ltd.

Target

Axis Direct

We maintain our HOLD recommendation on the stock.

BOB Capital Markets Ltd. released a report for IDFC First Bank Ltd. on 28 Apr, 2025.

Persistent Systems Ltd.

28 Apr 2025

5321.50

-1.53%

Retains USD 2 Bn target by FY27E, despite macro economic headwinds

Hold: Persistent Systems Ltd.

Recommendation Target

KRChoksey

PSYS revenue for Q4FY25 came in at INR 32,421 Mn, up 25.2% YoY (+5.9% QoQ), in line with our estimates (+1.2%). EBIT grew to INR 5,053 Mn, up 34.9% YoY (+10.9% QoQ), beating our estimates, due to lower-than-anticipated employee expense, partially offset by higher other expenses.

Persistent Systems Ltd. is trading above its 50 day SMA of 5250.0

Dixon Technologies (India) Ltd.

27 Apr 2025

16452.00

-0.98%

Dixon to make electronic components; Tata Electronics may invest Rs 2K cr

Business Standard

Electronics manufacturing services company Dixon Technologies will foray into the electronics component manufacturing space and use them for captive requirements before looking at exports, a senior company official said. According to sources, Tata Electronics is likely to invest Rs 2,000 crore for electronics components manufacturing under the Rs 23,000 crore incentive scheme launched by the government. Tata Electronics declined to comment on the query sent in this regard. Talking about the electronics component manufacturing scheme (ECMS) Dixon CEO Atul Lal said electronics component is the next phase of growth for the company. "We have already rolled out a project for display modules. We are evaluating various other component categories like camera modules, mechanical enclosures and also lithium ion batteries. So we are seriously evaluating and we will be deeply participating in ECMS," Lal said. He said initially the components will be produced for captive usage and will be expa

Dixon Technologies (.. has an average target of 20076.80 from 5 brokers.

IDFC First Bank Ltd.

27 Apr 2025

64.89

-3.05%

Earnings in line; credit cost peaks out

Neutral: IDFC First Bank Ltd.

Target

Motilal Oswal

IDFC First Bank (IDFCFB) reported 4QFY25 PAT of INR3.04b (58% YoY decline, 6% beat to MOFSLe) amid lower tax expense. NII grew 10% YoY/ flat QoQ to INR49.1b (in line). NIMs contracted 9bp QoQ to 5.95% (in line), dragged by a decline in the MFI business.

IDFC First Bank Ltd. has an average target of 70.60 from 9 brokers.

IDFC First Bank Ltd.

27 Apr 2025

64.89

-3.05%

Healthy balance sheet growth, credit costs peaked; retaining a Buy

Buy: IDFC First Bank Ltd.

Anand Rathi

Despite healthy balance sheet growth, higher provisioning led to a 58% y/y fall in IDFC First Bank’s PAT. Microfinance credit costs have peaked for the year. We value the bank at 1.2x FY27e PBV and retain a
Buy rating, primarily led by the higher balance sheet growth, strong NIM and improving operating leverage.

IDFC First Bank Ltd. has an average target of 70.60 from 9 brokers.

IDFC First Bank Ltd.

26 Apr 2025

64.89

-3.05%

IDFC First Bank profit falls 58% on worsening asset quality of micro loans

Business Standard

Fresh slippages during the quarter was Rs 2,175 crore including Rs 572 crore from the micro loan book, as compared to Rs 4195 crore and Rs 437 crore

IDFC First Bank Ltd. has an average target of 70.60 from 9 brokers.

IDFC First Bank reports a sharp 58% drop in Q4FY25 standalone net profit at 304 crore

Business Line | 26 Apr 2025 1 more

MphasiS Ltd.

25 Apr 2025

2469.00

-1.71%

Mphasis Q4FY25 net profit jumps 13.6% y-o-y; banking, insurance and TMT lead growth

Business Line

The total contract value (TCV) of new deals in the quarter surged to $390 million, or approximately 3,330 crore, more than doubling from $177 million in the same period last year.

MphasiS Ltd. is trading below its 100 day SMA of 2661.1

Mphasis Q4 net profit jumps 13.6% y-o-y; CEO bets on value-led growth amid static tech spending

Business Line | 25 Apr 2025 4 more

Is BSE MidCap Select worth buying?

12 Votes:

Buy 75.0%

Sell 16.67%

Hold 8.33%

BSE MidCap Select PB	5.3
BSE MidCap Select PE	41.2
BSE MidCap Select DIV	0.5
BSE MidCap Select EPS	383.4