IDFC First Bank Ltd.

NSE: IDFCFIRSTB | BSE: 539437 | ISIN: INE092T01019 | Industry: Banks
| Mid-range Performer
66.4200 -0.54 (-0.81%)
NSE May 08, 2025 15:31 PM
Volume: 53.0M
 

66.42
-0.81%
ICICI Securities Limited
The bank had earlier provided with a watch list comprising stressed exposures. Total exposure to this stressed pool has reduced by | 313 crore QoQ at | 3205 crore with provision cover of ~49%, being maintained. Apart from this, it has provided 50% for telecom exposure worth | 3244 crore. With continued focus on balance sheet restructuring funded asset remained broadly stable at | 107400 crore. Within the same, wholesale book, as targeted, de-grew ~11% QoQ to | 39388 crore (infrastructure exposure declined 5% QoQ, corporate fell 15% QOQ). Retail book continued to grow...
BOB Capital Markets Ltd. increased Buy price target of IDFC First Bank Ltd. to 79.0 on 28 Apr, 2025.
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