IDFC First Bank
- Advice
- Hold
Idfc First Bank Performance
Day Range
- Low 87.15
- High 88.60
52 Week Range
- Low 52.10
- High 100.70
- Open Price88.50
- Previous Close88.05
- Volume37213779
Start SIP in IDFC First Bank
Start SIPIdfc First Bank Investment Rating
-
Master Rating:
-
Idfc First Bank has an operating revenue of Rs. 31,884.84 Cr. on a trailing 12-month basis. An annual revenue growth of 34% is outstanding, Pre-tax margin of 12% is healthy, ROE of 9% is fair but needs improvement. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 14% above 200DMA. It needs to take support around the 50 DMA level to continue further upside move. It is currently FORMING a base in its weekly chart and is trading around 12% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 52 which is a POOR score indicating inconsistency in earnings, a RS Rating of 57 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 143 indicates it belongs to a poor industry group of Banks-Money Center and a Master Score of B is close to being the best. 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 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 | Mar 2022 |
---|---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 7,356 | 6,868 | 6,424 | 5,912 | 5,470 | 4,922 | 4,554 |
Operating Expenses Qtr Cr | 3,870 | 3,659 | 3,436 | 3,177 | 2,895 | 2,663 | 2,674 |
Operating Profit Qtr Cr | 1,510 | 1,500 | 1,559 | 1,261 | 1,169 | 944 | 827 |
Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Qtr Cr | 3,406 | 3,123 | 2,828 | 2,627 | 2,468 | 2,171 | 1,884 |
Tax Qtr Cr | 231 | 259 | 274 | 206 | 189 | 162 | 114 |
Net Profit Qtr Cr | 751 | 765 | 803 | 605 | 556 | 474 | 343 |
Idfc First Bank Technicals
EMA & SMA

- Bullish Moving Average
- ___
- 13
- Bearish Moving Average
- ___
- 3
- 20 Day
- ₹86.65
- 50 Day
- ₹87.03
- 100 Day
- ₹85.46
- 200 Day
- ₹78.83
- 20 Day
- ₹86.24
- 50 Day
- ₹87.33
- 100 Day
- ₹88.77
- 200 Day
- ₹77.00
Idfc First Bank Resistance and Support
Resistance | |
---|---|
First Resistance | 88.25 |
Second Resistance | 89.15 |
Third Resistance | 89.70 |
RSI | 52.62 |
MFI | 58.65 |
MACD Single Line | -0.03 |
MACD | 0.43 |
Support | |
---|---|
First Resistance | 86.80 |
Second Resistance | 86.25 |
Third Resistance | 85.35 |
Idfc First Bank Delivery and Volume
Period | NSE + BSE Volume Avg | NSE + BSE Delivery Volume Avg | NSE + BSE Delivery Volume % |
---|---|---|---|
Day | 40,895,800 | 2,422,258,234 | 59.23 |
Week | 89,121,411 | 5,186,866,143 | 58.2 |
1 Month | 43,644,583 | 2,354,625,272 | 53.95 |
6 Month | 47,281,451 | 2,108,752,709 | 44.6 |
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. 22727.54 Cr. and Equity Capital is Rs. 6618.12 Cr. for the Year ended 31/03/2023. 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 | 61,753 |
Sales | 31,953 |
Shares in Float | 437.82 |
No of funds | 550 |
Yield | 1.9 |
Book Value | 2.27 |
U/D Vol ratio | 0.9 |
LTDebt / Equity | 222 |
Alpha | 0.1 |
Beta | 1.48 |
IDFC First Bank
Owner Name | Oct-23 | Sep-23 | Jun-23 | Mar-23 |
---|---|---|---|---|
Promoters | 37.51% | 39.37% | 39.93% | 39.99% |
Mutual Funds | 2.86% | 2.68% | 2.78% | 2.72% |
Insurance Companies | 3.47% | 2.21% | 4.11% | 4.22% |
Foreign Portfolio Investors | 23.32% | 21.61% | 13.73% | 12.18% |
Financial Institutions/ Banks | 0.01% | |||
Individual Investors | 21.81% | 22.17% | 23.27% | 24.7% |
Others | 11.02% | 11.96% | 16.18% | 16.19% |
IDFC First Bank Management
Name | Designation |
---|---|
Mr. Sanjeeb Chaudhuri | Chairman & Ind.Director |
Mr. V Vaidyanathan | Managing Director & CEO |
Mr. Madhivanan Balakrishnan | COO & Executive Director |
Mr. Ajay Sondhi | 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 |
Dr.(Mrs.) Brinda Jagirdar | Independent Director |
Mr. Hemang Raja | 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 |
---|---|---|
2023-10-28 | Quarterly Results | |
2023-07-29 | Quarterly Results & Others | Inter alia, the Board will discuss and consider a proposal to raise funds in the next 1 (one) year from date of ensuing Annual General Meeting of the Bank. |
2023-04-29 | Audited Results & Others | To consider Fund Raising |
2023-02-04 | Others | |
2023-01-21 | Quarterly Results |
About Idfc First Bank
IDFC First Bank FAQs
What is Share Price of IDFC First Bank ?
IDFC First Bank share price is ₹87 As on 11 December, 2023 | 18:46
What is the Market Cap of IDFC First Bank ?
The Market Cap of IDFC First Bank is ₹61682.6 Cr As on 11 December, 2023 | 18:46
What is the P/E ratio of IDFC First Bank ?
The P/E ratio of IDFC First Bank is 21.2 As on 11 December, 2023 | 18:46
What is the PB ratio of IDFC First Bank ?
The PB ratio of IDFC First Bank is 2.4 As on 11 December, 2023 | 18:46