₹93.4
Overview of IDFC First Bank Ltd
Bandhan Bank, IDFC First Bank, IndusInd Bank and Yes Bank offer 7.25 percent interest on FDs with three-year tenures. An investment of Rs 1 lakh will grow to Rs 1.24 lakh in three years.
IDFC First Bank's Growth Strategy Receives Positive Response from Street - 14 Sep, 2023
Analysts are optimistic about IDFC First Bank's growth strategy after Q1FY24 results.
IDFC First Bank Sees Block Deal Activity - 12 Sep, 2023
GQG Partners and Goldman Sachs acquire significant stakes in IDFC First Bank through block deals.
GQG Partners Acquires Stake in IDFC First Bank - 11 Sep, 2023
US-based investment firm GQG Partners acquired a total of 4.16% stake in IDFC First Bank for over Rs 2,000 crore through multiple block deals. The bank also integrated UPI QR codes with its CBDC app.
Mixed Day for IDFC First Bank Shares - 08 Sep, 2023
IDFC First Bank shares had a mixed day, trading lower in the morning but with analysts optimistic about their growth strategy following Q1FY24 results.
IDFC First Bank Shares Hit New Highs Amid Digital Rupee Adoption - 05 Sep, 2023
IDFC First Bank's shares reach record highs as it enters the top 10 most valuable listed banks in India, integrates UPI QR codes with its CBDC app, and adopts UPI interoperability for digital rupee.
GQG Partners Acquires Stake in IDFC First Bank - 04 Sep, 2023
US-based investment firm GQG Partners acquired a 2.6% stake in IDFC First Bank for Rs 1,527 crore through bulk deals, while Cloverdell Investment sold a 4.2% stake at Rs 89 per share.
GQG Partners Acquires Stake in IDFC First Bank - 03 Sep, 2023
Rajiv Jain-led GQG Partners has acquired a 2.58% stake in IDFC First Bank for Rs 1,527 crore through bulk deals, while Warburg Pincus affiliate Cloverdell Investment sold a 4.2% stake.
V Vaidyanathan appointed as MD & CEO of IDFC First Bank - 02 Sep, 2023
Former entrepreneur and current MD & CEO of IDFC First Bank, V Vaidyanathan, left his previous position to lead the bank.
IDFC First Bank Added to MSCI Global Standard Index; GQG Buys Stake - 01 Sep, 2023
IDFC First Bank was added to the MSCI Global Standard India Index and Rajiv Jain's GQG Partners bought a 2.58% stake in the bank for Rs 1,527 crore while Cloverdell Investment sold a 4.2% stake.
IDFC First Bank Set for Inflows Up to $214 Million - 31 Aug, 2023
IDFC First Bank is set to receive significant inflows of up to $214 million as it makes its way into the MSCI Global Standard Index. Analysts predict a positive impact on the bank's stock.
IDFC First Bank Ltd: HDFC, IDFC Mergers Unlikely to Trigger PSU Bank Consolidation - 27 Aug, 2023
Analysts suggest that the merger of HDFC and IDFC is unlikely to trigger consolidation of public sector banks.
IDFC First Bank Remains a Favourite for Investors - 24 Aug, 2023
Investors continue to view IDFC First Bank as a great compounding story.
IDFC First Bank Posts Strong Q1 Results; Introduces New Credit Card Criteria - 23 Aug, 2023
IDFC First Bank posts a strong Q1 result with a 61% YoY growth in net profit, while also introducing new minimum spending criteria for airport lounge access on some credit cards.
IDFC First Bank Hits New High - 22 Aug, 2023
IDFC First Bank Ltd's stock hits a new 52-week high of Rs 92 on August 22.
IDFC First Bank to be included in MSCI Global Standard Index - 21 Aug, 2023
IDFC First Bank will be added to the MSCI Global Standard Index effective from September 1. Despite hitting a fresh 52-week high, there has been no surge in F&O positions.
IDFC First Bank Hits New 52-Week High - 17 Aug, 2023
IDFC First Bank Ltd achieved a new 52-week high at Rs 89.99.
IDFC First Bank Added to MSCI Global Standard Index - 14 Aug, 2023
IDFC First Bank Ltd has been added to the MSCI Global Standard Index in its quarterly review.
IDFC First Bank Added to MSCI Global Standard Index - 11 Aug, 2023
IDFC First Bank will be included in the MSCI Global Standard Index effective from September 1, 2023. It is projected to garner inflows of $204 million.
IDFC First Bank Considered for Index Inclusion - 10 Aug, 2023
IDFC First Bank Ltd's potential inclusion in an evolving index composition and a recommendation by Khemka based on expected loan growth.
Source: S&P Global Market Intelligence
0.27%
Downside
Day's Volatility:1.82%
Upside
1.55%
50.54%
Downside
52 Weeks Volatility:58.35%
Upside
7.82%
Returns % | |
1 Month Return | 4.35 % |
3 Month Return | 13.87 % |
1 Year Return | 84.43 % |
Market Stats | |
Previous Close | ₹93.60 |
Open | ₹93.75 |
Volume | 2.55Cr |
Market Cap | ₹62,922.15Cr |
Organisation | IDFC First Bank Ltd |
Headquarters | Mumbai |
Industry | Banks |
E-voting on shares | Click here to vote |
Fundamentals of IDFC First Bank Ltd
Foreign Institutions have increased holdings from 12.18% to 13.73% in Jun 2023 quarter
In the last 1 year, IDFCFIRSTB has outperformed top 5 stocks with highest market-cap in Banks
Mutual Funds have increased holdings from 2.72% to 2.78% in Jun 2023 quarter
In the last 3 years, IDFCFIRSTB stock has moved up by 217.8%
Netprofit is up for the last 8 quarters, -621.17 Cr → 816.12 Cr (in ₹), with an average increase of 116.2% per quarter
Revenue is up for the last 7 quarters, 4.83K Cr → 7.82K Cr (in ₹), with an average increase of 7.7% per quarter
In the last 3 years, State Bank of India has given 223.5% return, outperforming this stock by 5.7%
Retail Investor have decreased holdings from 29.05% to 27.54% in Jun 2023 quarter
Promoters have decreased holdings from 39.99% to 39.93% in Jun 2023 quarter
IDFC First Bank Ltd in the last 5 years
Lowest (-415.00x)
January 13, 2022
Industry (18.26x)
September 20, 2023
Today (21.77x)
September 20, 2023
Highest (207.86x)
April 4, 2022
Funds | Holdings |
![]() | 4.72% |
![]() | 1.42% |
![]() | 4.14% |
![]() | 3.93% |
![]() | 1.47% |
Investors | Holdings % | Prev. 2 periods | 3M change |
---|---|---|---|
Promoter Holdings | 39.93% | ||
Foreign Institutions | 13.73% | 12.74 | |
Mutual Funds | 2.78% | 2.39 | |
Retail Investors | 27.54% | ||
Others | 16.03% |
Technicals of IDFC First Bank Ltd
News & Events of IDFC First Bank Ltd
IDFC First Bank reported a 61% YoY surge in its net profit for the quarter ended June 2023. What's the private sector bank's total loan book?
IDFC First Bank's total loan book or asset book increased 5% YoY for the quarter ending June to Rs 1.7 lakh crore.
36.34% of INDmoney users answered correctly
After HDFC Bank, which of the following Indian banks announced a merger with its housing finance arm?
IDFC First Bank will merge with IDFC Ltd. Under the proposed transaction, investors will get 155 shares of IDFC First Bank for every 100 shares held in IDFC.
69.55% of INDmoney users answered correctly
IDFC First Bank Ltd Blogs
IDFC First Bank Ltd(IDFCFIRSTB | Price |
---|---|
52 Week High | ₹100.7 |
52 Week Low | ₹46.2 |
IDFC First Bank Ltd(IDFCFIRSTB | Returns |
---|---|
1 Day Returns | -0.2% |
1 Month Returns | 4.35% |
3 Month Returns | 13.87% |
1 Year Returns | 84.43% |