IDFC First Bank Ltd.

NSE: IDFCFIRSTB | BSE: 539437 | ISIN: INE092T01019 | Industry: Banks
| Strong Performer, Under Radar
67.9900 -0.06 (-0.09%)
NSE Aug 29, 2025 15:31 PM
Volume: 20.6M
 

67.99
-0.09%
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. is trading below its 30 day SMA of 70.2
More from IDFC First Bank Ltd.
Recommended