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Company details

35.50
36.30
34.20
62.00
6M Return -26.00%
1Y Return -35.19%
Mkt Cap.(Cr) 22,383.75
Volume 2,362,081
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 2,362,081

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SWOT

  • swot

  • technicals

  • deals

  • shareholding


EMA SMA

Delivery and volume

Our Research View

Trading recommendation

Data not found

Investment recommendation

Good quarter, encouraging guidance; CI remains key

Call Date

03 May 2022

Entry Price

40.00

Target Price

56.00

Duration

12-18 Month

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 17,899.62 Cr FV: 10.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 28,136.79 -39,093.43
LAST 3M 79,235.45 -50,601.92
LAST 6M 145,414.64 -199,823.89
LAST 12M 206,202.22 -172,195.07

Information

  • About Company
  • Company Info
  • Listing Info
166.9
36.49%
33.8793
2.62%
Description
  • IDFC First Bank is engaged in the banking industry. Its market capitalization is worth INR 33,226.39 Cr. as of 16 April 2021. The bank was founded in 2018. The bank has reported revenue of INR 3,952.46 Cr. for the quarter ended December 2020. The Bombay Stock Exchange (BSE) code for this bank is 539437, and the National Stock Exchange (NSE) symbol is IDFCFIRSTB. The bank is headquartered in Mumbai. It believes in reaching its wide range of retail banking solutions with technologically sound and exceptional customer service to people across the country. IDFC First Bank emerged by the union of IDFC Bank & Capital First. The Reserve Bank of India (RBI) conceded approval to IDFC Limited to set up a new bank in the private sector in 2014. Following this, IDFC Limited reft its infrastructure-related assets and liabilities to the IDFC Bank. The bank commenced its operations with 23 branches in Madhya Pradesh, Delhi, Mumbai, Hyderabad, Bengaluru, Pune, Chennai, Ahmedabad and Kolkata. Fifteen branches are in settlements with a population of less than 10,000. The bank launched its 100th branch in Honnali, Karnataka, in October 2017. In January 2018, IDFC Bank and Capital First announced their merger. The stakeholders of Capital First were issued 13.9 shares of the merged entity for every one share of Capital First. The bank serves its private and corporate customers in the country. It also has a target to serve people in rural areas and self-employed individuals. The bank is the first one in India to launch an Aadhaar-linked cashless merchant solution. One of its most significant loans into e-commerce includes a ?3 bn (US$42 million) loan to Flipkart. The bank entered into a partnership with MobiKwik, a digital payments solution company. It launched a co-marketed virtual Visa prepaid card for customers of MobiKwik on 8 November 2017. On 11 March 2020, the bank revealed that Mr Amitabh Bachchan had been appointed as its first brand ambassador. It told the entry into the credit card sector with low-interest rates and interest-free credit in 2021. The bank disclosed its Profit after Tax for the third quarter of the financial year 2021 at Rs.130 Cr compared to the Loss of Rs.1,639Cr for the third quarter of the financial year 2020. The Profit after Tax was delineated at Rs. 324 Cr by 31 December 2020.

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Registered Address

KRM Tower 7th Floor, No 1 Harrington Road Chetpet, Chennai, Tamil Nadu, 600031

Tel : 91-44-45644000
Email : ig:idfcbank.com
Website : http://www.idfcbank.com

Registrar

KFin Techologies Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 539437
NSE Code : IDFCFIRSTB
Book Closure Date (Month) :
BSE Group : A
ISIN : INE092T01019

ICICIdirect IDFC First Bank Ltd FAQ

You can buy IDFC First Bank Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy IDFC First Bank Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 20, 2022 03:17 PM the closing price of IDFC First Bank Ltd was ₹ 36.00.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of May 20, 2022 03:17 PM, the market cap of IDFC First Bank Ltd stood at ₹ 22,383.75.
The latest PE ratio of IDFC First Bank Ltd as of May 20, 2022 03:17 PM is 166.9
The latest PB ratio of IDFC First Bank Ltd as of May 20, 2022 03:17 PM is 0.97
The 52-week high of IDFC First Bank Ltd is ₹ 62.00 while the 52-week low is ₹ 34.20 .
According to analyst recommendations, IDFC First Bank Ltd has a “Buy” rating for the long term.

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