IDFC First Bank Ltd.

NSE: IDFCFIRSTB | BSE: 539437 | ISIN: INE092T01019 | Industry: Banks
| Mid-range Performer
61.8700 -1.37 (-2.17%)
NSE Mar 27, 2026 15:31 PM
Volume: 57.2M
 

61.87
-2.17%
Axis Direct
We reiterate our BUY recommendation with a revised TP of Rs 87/share, implying an upside of 24% from the CMP, valuing the stock at 1.4x Sep'28E ABV (vs 1.6x earlier) for a RoA/RoE delivery of 1-1.2%/9-12% over FY27-28E vs 0.4/3.7% in FY26E.
Institutional Investors have increased holdings from 58.11% to 66.94% in Dec 2025 qtr.
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