Idfc first bank share price

In India, apart from the global setup, other factors that will chart the direction of markets in the short-term are corporate earnings, Union Budget. “Over the last three years, strong corporate earnings trend has been the most important driver of India’s outperformance; thus any slowdown in corporate earnings could have a bearing on the domestic market," said Motilal Oswal in a report. Based on the macro economic data and individual performance of mid-cap firms in their fields, Motilal Oswal has suggested 9 midcap stocks for investment in January 2023. Varun Beverages CMP: ₹1,309 | Target: 1,330 | Expected Return: 1.6 % Varun Beverages' distribution network of over 3m outlets is expected to grow at 10-12% annually. The company is expanding its dealer network by ~5-10% every year. Motilal Oswal expects Varun Beverages' revenue to grow by 23%. Whereas EBITDA and PAT CAGR will grow by 28% and 45% over CY21-24. Growth will be boosted by increased penetration in the newly acquired territories of South and West India, higher acceptance of newly launched products, and growing refrigeration in rural and semi-rural areas. Concern: Company can face challenges from increased competition from global players. Ashok Leyland CMP: ₹148| Target: 180 | Expected Return: 21.6 % Good demand, a stable pricing environment, and softening commodity prices should drive a strong recovery of Ashok Leyland's financial performance. Ashok Leyland is a good play on a CV cycle recovery, coupled with a re...

Q4FY22 Results: IDFC First Bank reported a healthy operational performance. • GNPA down 27 bps QoQ to 3.7%; gross slippages at ₹ 1400 crore • NII up 36.2% YoY, NIMs up 37 bps QoQ to 6.27%, C/I steady at 76% • Provisions down 36% YoY; PAT up 128% YoY to ₹ 342.7 crore • Funded assets up 12.7% YoY at ₹ 1.3 lakh crore, retail grew 28% YoY 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 Ja...

• Stock Returns vs Nifty 100 Stock gave a 3 year return of 203.96% as compared to Nifty 100 which gave a return of 83.77%. (as of last trading session) • Stock Returns vs Nifty Bank Stock generated 203.96% return as compared to Nifty Bank which gave investors 113.41% return over 3 year time period. (as of last trading session) NAME P/E (x) P/B (x) ROE % ROA % Rev CAGR [3Yr] OPM NPM NIM % Cost to Income % Interest income to Earning assets % Net NPA % Capital Adequacy Ratio % 21.04 2.02 9.61 1.03 14.67 -8.72 10.93 5.26 53.75 9.47 0.86 16.82 62.92 1.14 1.80 0.20 -10.86 -14.92 3.24 2.22 42.08 6.39 0.83 17.90 18.13 2.03 11.20 1.40 13.75 -1.72 13.79 5.94 51.88 10.21 1.17 19.76 11.67 1.15 14.08 1.18 9.28 4.15 17.76 2.92 35.05 6.64 0.69 14.81 10.87 0.74 6.79 0.79 4.03 -16.62 9.62 4.20 53.56 8.24 1.10 16.92 Add More • Stock Returns vs Nifty 100 Stock gave a 3 year return of 203.96% as compared to Nifty 100 which gave a return of 83.77%. (as of last trading session) • Stock Returns vs Nifty Bank Stock generated 203.96% return as compared to Nifty Bank which gave investors 113.41% return over 3 year time period. (as of last trading session) About IDFC First Bank IDFC First Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 52,283.16 Crore). IDFC First Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year e...

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