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14 Apr 2025 |
IDFC First Bank
|
Consensus Share Price Target
|
59.92 |
66.00 |
- |
10.15 |
hold
|
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03 Apr 2025
|
IDFC First Bank
|
Ventura
|
59.92
|
49.00
|
60.35
(-0.71%)
|
18.22 |
Sell
|
|
|
Target 2.0 is a challenge given NPAs and capital adequacy constraints
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|
27 Jan 2025
|
IDFC First Bank
|
BOB Capital Markets Ltd.
|
59.92
|
75.00
|
56.73
(5.62%)
|
25.17 |
Buy
|
|
|
Earnings lower on account of higher slippages, moderate loan book growth
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|
27 Jan 2025
|
IDFC First Bank
|
Axis Direct
|
59.92
|
64.00
|
56.73
(5.62%)
|
Target met |
Hold
|
|
|
We maintain our HOLD recommendation on the stock.
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|
26 Jan 2025
|
IDFC First Bank
|
Motilal Oswal
|
59.92
|
70.00
|
62.27
(-3.77%)
|
16.82 |
Neutral
|
|
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IDFC First Bank (IDFCFB) reported a 3QFY25 PAT of INR3.4b (53% YoY decline, 32% miss to MOFSLe) due to an increase in opex (5% vs. our est) and elevated provisions.
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|
16 Dec 2024
|
IDFC First Bank
|
Geojit BNP Paribas
|
59.92
|
71.00
|
64.34
(-6.87%)
|
18.49 |
Accumulate
|
|
|
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|
26 Nov 2024
|
IDFC First Bank
|
ICICI Direct
|
59.92
|
75.00
|
65.14
(-8.01%)
|
25.17 |
Buy
|
|
|
|
|
30 Oct 2024
|
IDFC First Bank
|
Keynote Capitals Ltd
|
59.92
|
72.80
|
68.79
(-12.89%)
|
21.50 |
Neutral
|
|
|
Quarterly Update Q2FY25
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|
28 Oct 2024
|
IDFC First Bank
|
Axis Direct
|
59.92
|
66.00
|
67.13
(-10.74%)
|
Target met |
Hold
|
|
|
We downgrade the stock to HOLD from BUY earlier.
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|
27 Oct 2024
|
IDFC First Bank
|
Motilal Oswal
|
59.92
|
73.00
|
65.50
(-8.52%)
|
21.83 |
Neutral
|
|
|
IDFC First Bank (IDFCFB) reported 2QFY25 PAT of INR2b (73% YoY decline, significant miss to MOFSLe) due to a spike in provisions.
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01 Aug 2024
|
IDFC First Bank
|
Keynote Capitals Ltd
|
59.92
|
91.40
|
75.39
(-20.52%)
|
52.54 |
Buy
|
|
|
Quarterly Update Q1FY25
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29 Jul 2024
|
IDFC First Bank
|
ICICI Securities Limited
|
59.92
|
95.00
|
74.83
(-19.93%)
|
58.54 |
Buy
|
|
|
IDFC First Bank (IBFCFB) has reported a broadly in-line set of numbers with strong business growth and better cost income, though higher credit costs (as guided) weighed on PAT (INR 6.8bn) and RoA (down 12bps QoQ to 91bps).
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29 Jul 2024
|
IDFC First Bank
|
Axis Direct
|
59.92
|
90.00
|
74.83
(-19.93%)
|
50.20 |
Buy
|
|
|
We maintain our BUY recommendation on the stock.
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|
28 Jul 2024
|
IDFC First Bank
|
Motilal Oswal
|
59.92
|
83.00
|
74.48
(-19.55%)
|
38.52 |
Neutral
|
|
|
IDFC First Bank (IDFCFB) reported a 1QFY25 PAT of INR6.8b (-11% YoY, in line) dragged down by elevated provisions.
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|
21 May 2024
|
IDFC First Bank
|
ICICI Securities Limited
|
59.92
|
95.00
|
77.45
(-22.63%)
|
58.54 |
Buy
|
|
|
We upgrade IDFC First Bank (IDFCFB) to BUY (from Hold) as we see the near-term (H1FY25) stagnation in the costincome ratio/rise in credit costs likely being outweighed by industry-leading deposits/loan/PAT growth.
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13 May 2024
|
IDFC First Bank
|
Geojit BNP Paribas
|
59.92
|
86.00
|
77.15
(-22.33%)
|
43.52 |
Accumulate
|
|
|
|
|
29 Apr 2024
|
IDFC First Bank
|
Axis Direct
|
59.92
|
104.00
|
81.65
(-26.61%)
|
73.56 |
Buy
|
|
|
IDFCFB currently trades at 1.6x Sep'25E ABV and we value the stock at 2.0x Sep'25E ABV, to arrive at a target price of Rs 104/share. This TP implies an upside of 23% from CMP.
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28 Apr 2024
|
IDFC First Bank
|
Motilal Oswal
|
59.92
|
88.00
|
84.80
(-29.34%)
|
46.86 |
Neutral
|
|
|
IDFC First Bank (IDFCFB) reported broadly in-line PAT of INR7.2b (down10% YoY/up1.2% QoQ) in 4QFY24, amid elevated provisions and higher opex.
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28 Apr 2024
|
IDFC First Bank
|
ICICI Securities Limited
|
59.92
|
85.00
|
84.80
(-29.34%)
|
41.86 |
Hold
|
|
|
IDFC First Bank (IDFCFB) has reported in line Q4FY24 PAT of INR 7.2bn (up 1% QoQ and down 10% YoY) with improvement in slippage and gross NPA. NII growth remains strong at 24% YoY though elevated opex (up 29% YoY) led to an increase in cost to income (C/I) ratio YoY.
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19 Mar 2024
|
IDFC First Bank
|
Geojit BNP Paribas
|
59.92
|
84.00
|
76.65
(-21.83%)
|
Target met |
Hold
|
|
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12 Mar 2024
|
IDFC First Bank
|
BOB Capital Markets Ltd.
|
59.92
|
96.00
|
79.50
(-24.63%)
|
|
Buy
|
|
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Monthly Chartbook: India's growth continues to impress. IDFCBK: Ambitious growth outlook
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