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03 May 2025 |
IDFC First Bank
|
Consensus Share Price Target
|
66.08 |
69.32 |
- |
4.90 |
buy
|
|
|
|
|
13 May 2024
|
IDFC First Bank
|
Geojit BNP Paribas
|
66.08
|
86.00
|
77.15
(-14.35%)
|
30.15 |
Accumulate
|
|
|
|
|
29 Apr 2024
|
IDFC First Bank
|
Axis Direct
|
66.08
|
104.00
|
81.65
(-19.07%)
|
|
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
|
ICICI Securities Limited
|
66.08
|
85.00
|
84.80
(-22.08%)
|
|
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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|
28 Apr 2024
|
IDFC First Bank
|
Motilal Oswal
|
66.08
|
88.00
|
84.80
(-22.08%)
|
|
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.
|
|
19 Mar 2024
|
IDFC First Bank
|
Geojit BNP Paribas
|
66.08
|
84.00
|
76.65
(-13.79%)
|
Target met |
Hold
|
|
|
|
|
12 Mar 2024
|
IDFC First Bank
|
BOB Capital Markets Ltd.
|
66.08
|
96.00
|
79.50
(-16.88%)
|
|
Buy
|
|
|
Monthly Chartbook: India's growth continues to impress. IDFCBK: Ambitious growth outlook
|
|
11 Mar 2024
|
IDFC First Bank
|
BOB Capital Markets Ltd.
|
66.08
|
96.00
|
80.80
(-18.22%)
|
|
Buy
|
|
|
Management targets credit/deposit CAGR of 20%/25% over FY24-FY29; NIM to stabilise at current mark with upward bias (6.4% in Q3FY24)
|
|
25 Jan 2024
|
IDFC First Bank
|
BP Wealth
|
66.08
|
|
80.05
(-17.45%)
|
|
Results Update
|
|
|
|
|
23 Jan 2024
|
IDFC First Bank
|
Keynote Capitals Ltd
|
66.08
|
99.50
|
81.80
(-19.22%)
|
|
Buy
|
|
|
Quarterly Update Q3FY24
|
|
23 Jan 2024
|
IDFC First Bank
|
Axis Direct
|
66.08
|
100.00
|
81.80
(-19.22%)
|
|
Buy
|
|
|
We maintain our BUY recommendation on the stock.
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