IDFC First Bank Share Price
- Advice
- Hold
Start SIP in IDFC First Bank
Start SIPIDFC First Bank Performance
Day Range
- Low 71
- High 74
52 Week Range
- Low 70
- High 98
- Open Price73
- Previous Close73
- Volume41634848
IDFC First Bank F&O
Idfc First Bank Investment Rating
-
Master Rating:
-
Idfc First Bank has an operating revenue of Rs. 38,387.07 Cr. on a trailing 12-month basis. An annual revenue growth of 33% is outstanding, Pre-tax margin of 8% is okay, ROE of 9% is fair but needs improvement. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 18 which is a POOR score indicating inconsistency in earnings, a RS Rating of 9 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 153 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.
EPS Strength
Price Strength
Buyer Demand
Group Rank
Indicator | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 8,789 | 8,219 | 7,879 | 7,356 | 6,868 | 6,424 |
Operating Expenses Qtr Cr | 4,432 | 4,447 | 4,241 | 3,870 | 3,659 | 3,436 |
Operating Profit Qtr Cr | 1,882 | 1,664 | 1,562 | 1,510 | 1,500 | 1,559 |
Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Qtr Cr | 4,094 | 3,750 | 3,593 | 3,406 | 3,123 | 2,828 |
Tax Qtr Cr | 207 | 217 | 192 | 231 | 259 | 274 |
Net Profit Qtr Cr | 681 | 724 | 716 | 751 | 765 | 803 |
IDFC First Bank Technicals
EMA & SMA
- Bullish Moving Average
- ___
- 9
- Bearish Moving Average
- ___
- 7
- 20 Day
- ₹73.51
- 50 Day
- ₹74.61
- 100 Day
- ₹76.40
- 200 Day
- ₹77.88
- 20 Day
- ₹73.71
- 50 Day
- ₹74.31
- 100 Day
- ₹76.68
- 200 Day
- ₹80.04
IDFC First Bank Resistance and Support
Resistance | |
---|---|
First Resistance | 74.99 |
Second Resistance | 76.17 |
Third Resistance | 78.08 |
RSI | 50.56 |
MFI | 43.53 |
MACD Single Line | -0.38 |
MACD | -0.32 |
Support | |
---|---|
First Support | 71.90 |
Second Support | 69.99 |
Third Supoort | 68.81 |
IDFC First Bank Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 57,718,416 | 2,738,161,655 | 47.44 |
Week | 27,470,999 | 1,232,898,417 | 44.88 |
1 Month | 28,348,049 | 1,255,251,610 | 44.28 |
6 Month | 42,638,317 | 1,820,229,754 | 42.69 |
IDFC First Bank Result Highlights
IDFC First Bank Synopsis
NSE-Banks-Money Center
Idfc First Bank is involved in the business activities of Monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs. 30322.50 Cr. and Equity Capital is Rs. 7069.92 Cr. for the Year ended 31/03/2024. IDFC First Bank Ltd. is a Public Limited Listed company incorporated on 21/10/2014 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L65110TN2014PLC097792 and registration number is 097792.Market Cap | 55,238 |
Sales | 38,451 |
Shares in Float | 486.38 |
No of funds | 592 |
Yield | 1.9 |
Book Value | 1.62 |
U/D Vol ratio | 0.7 |
LTDebt / Equity | 158 |
Alpha | -0.23 |
Beta | 1.13 |
IDFC First Bank Shareholding Pattern
Owner Name | Jun-24 | Mar-24 | Dec-23 |
---|---|---|---|
Promoters | 37.37% | 37.43% | 37.45% |
Mutual Funds | 3.53% | 2.67% | 3.4% |
Insurance Companies | 3.85% | 3.57% | 2.49% |
Foreign Portfolio Investors | 21.02% | 21.4% | 22.05% |
Financial Institutions/ Banks | 0.03% | ||
Individual Investors | 25.73% | 24.36% | 23.55% |
Others | 8.5% | 10.54% | 11.06% |
IDFC First Bank Management
Name | Designation |
---|---|
Mr. Sanjeeb Chaudhuri | Chairman & Ind.Director |
Mr. V Vaidyanathan | Managing Director & CEO |
Mr. Mahendra Narandas Shah | Non Exe.Non Ind.Director |
Mr. Vishal Mahadevia | Non Exe.Non Ind.Director |
Dr. Jaimini Bhagwati | Non Exe.Non Ind.Director |
Mr. Aashish Kamat | Independent Director |
Ms. Matangi Gowrishankar | Independent Director |
Dr.(Mrs.) Brinda Jagirdar | Independent Director |
Mr. Pravir Vohra | Independent Director |
Mr. S Ganesh Kumar | Independent Director |
IDFC First Bank Forecast
Price Estimates
IDFC First Bank Corporate Action
Date | Purpose | Remarks |
---|---|---|
2024-07-27 | Quarterly Results | |
2024-05-30 | Preferential issue of shares | |
2024-04-27 | Audited Results | Inter-alia, also discuss the enabling proposal to borrow funds during the next 1 (one) year from date of ensuing AGM)of the Bank by way of issuance of debt securities, on private placement basis. |
2024-01-20 | Quarterly Results | |
2023-10-28 | Quarterly Results |
About IDFC First Bank
IDFC First Bank FAQs
What is Share Price of IDFC First Bank ?
IDFC First Bank share price is ₹73 As on 20 September, 2024 | 08:40
What is the Market Cap of IDFC First Bank ?
The Market Cap of IDFC First Bank is ₹55237.5 Cr As on 20 September, 2024 | 08:40
What is the P/E ratio of IDFC First Bank ?
The P/E ratio of IDFC First Bank is 19.4 As on 20 September, 2024 | 08:40
What is the PB ratio of IDFC First Bank ?
The PB ratio of IDFC First Bank is 1.7 As on 20 September, 2024 | 08:40