IDFC First Bank Share Price

IDFC First Bank share price has closed with Rs 83.25 on April 8, 2024 traded session as compared to the previous close of Rs 80.65. IDFC First Bank shares opened the day with Rs 82.30. Hight of the day was Rs 83.60 and low of the day was Rs 81.45. Now high for the financial year amounted as Rs 100.70 and low for the financial year amounted as Rs 53.35.

Quarter Final Results of FY23 of IDFC First Bank Stock

In the Quarter Final Results of FY23, IDFC First Bankperformed outstanding revenue growth of amounting to 5.15 trillion Indian Rupees, marking a considerable gain of 29.1% year-over-year. Its net income also saw a significant increase, reaching 732.09 crore Rupees, indicating an 18.73% growth as compared to the last year.

Financial History of IDFC First Bank Shares over 5 years

IDFC First Bank came with its IPO in 2015. This stock did not give much performance at the time of listing and this stock has always been fluctuating, sometimes there is sudden buying, then the stock goes up and sometimes it falls suddenly due to selling. But since last one year some stability has been seen in it.

About IDFC First Bank Ltd

IDFC First Bank Ltd was firstly established in 2015 and founded in December 18, 2018 after the merger Erstwhile Capital First and Banking arm of infrastructure Development Finance Company. It is a private sector bank which mainly works for the segments related to retail Banking, wholesale Banking and corporate Banking.

IDFC First Bank share price target

Share price target of IDFC First Bank for 2024 could be predicted of Rs 107.00 as first share price target and second share price target of Rs 115.00. First share price target of IDFC First Bank for 2025 could be predicted as of Rs 128.00 and second share price target could be Rs 140.00. Share price target of IDFC First Bank for 2026 could be predicted as of Rs 150.00 as first share price target and Rs 165.00 as second share price target. Share price target of IDFC First Bank for 2030 could be predicted as of Rs 250.00 as first share price target and second share price target could be of Rs 310.00.

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The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions.