IDFC First Bank Ltd.

NSE: IDFCFIRSTB | BSE: 539437 | ISIN: INE092T01019 | Industry: Banks
| Strong Performer, Under Radar
69.3300 1.75 (2.59%)
NSE Aug 04, 2025 15:31 PM
Volume: 16.4M
 

69.33
2.59%
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 73.57 from 9 brokers.
More from IDFC First Bank Ltd.
Recommended