IDFC First Bank Ltd.
Share Price Target & Analysis
NSE:IDFCFIRSTB
VWAP
Open
Close
High
Low
52 Week High
1.21 (1.92%)
IDFCFIRSTB
(FINANCIAL SERVICES)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Silver
Valuation
#Analysis
NSE: IDFCFIRSTB Share Price Financial Analysis & Valuation
IDFC First Bank Ltd. (IDFCFIRSTB) is broadly categorized in FINANCIAL SERVICES segment industry which deals in Banks - Private Sector vertical.
It is one of Mid Cap company with Market Capitalization of Rs 28528 (in Cr). Total number of free float shares are 0 (in Lacs).
IDFC First Bank Ltd. is listed on NSE with Exchange ID - INE092T01019 and trading code is NSE:IDFCFIRSTB with short name IDFC First Bank.
IDFC First Bank Ltd. is also traded in Future & Options (Derivative segment of NSE).
In the past 1 year, IDFC First Bank Ltd. has declared an equity dividend of Rs 0 per share. At the current share price of IDFCFIRSTB at Rs 64.15, this results in a dividend yield of 0 %.
As per the Fundamental Analysis of NSE:IDFCFIRSTB, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine IDFCFIRSTB underlying value and future prospects. All of this data is available in IDFCFIRSTB financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:IDFCFIRSTB, it is clearly understood that IDFCFIRSTB is Economical performer in terms of earnings and profit margins with an EPS of 3.17. NSE:IDFCFIRSTB book value per share as of today is 44.28. The current price to book ratio for IDFCFIRSTB as of Nov 23, 2024 is 1.45.
Valuation of the Stock: The current valuation of IDFCFIRSTB stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of IDFCFIRSTB whether to BUY this stock at current valuation. The delivery percentage of IDFCFIRSTB is 38.29% is very crucial parameter which shows that 38.29% investors are anticipating that the price of IDFCFIRSTB share should go up with VWAP at 64.32.
Now, the main question is whether to BUY or SELL, NSE:IDFCFIRSTB at current valuation.
As per latest Analysis No. #2514:-
⇑ STRONG BUY IDFCFIRSTB if All Greens
⇗ BUY IDFCFIRSTB (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD IDFCFIRSTB (With Stop Loss) if only 1 Green
⇘ SELL IDFCFIRSTB if NO Green Indicator
NSE: IDFCFIRSTB Share Price Today (Nov 23, 2024)
(IDFC First Bank Ltd. Daily Analysis on the basis of IDFCFIRSTB Intraday Graph & Trend)
IDFC First Bank Ltd. share price moved Up by 1.92% from its previous close of Rs 62.94. IDFCFIRSTB stock last traded price is 64.15. IDFCFIRSTB share price trend is Up with a total of 18934600 stocks traded till now. It has touched an intraday high of Rs 64.81 and an intraday low of Rs 63. The IDFCFIRSTB trading at 64.15, Up by Rs. 1.21, or 1.92 percent which suggests that most of the Traders are anticipating that the price of IDFCFIRSTB share should go Up.
NSE: IDFCFIRSTB Share Price Tomorrow Prediction
(IDFC First Bank Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of IDFCFIRSTB)
IDFC First Bank Ltd. share price moved Up by 1.92%. IDFCFIRSTB share price short term trend is Up. It suggests that IDFCFIRSTB Share Price for Tomorrow remains the same with VWAP at 64.32 will be treated as stop loss for intraday traders. IDFC First Bank Ltd. Long term investors can follow the IDFCFIRSTB long term trend as mentiond in future forecast table.
NSE Code |
NSE: IDFCFIRSTB |
IDFCFIRSTB Share Price Today |
64.15 |
IDFCFIRSTB Share Price Target Prediction for 2024 ^ |
62.2 - 80.5 |
IDFCFIRSTB Share Price Target Prediction for 2025*^ |
80.5 - 99 |
IDFCFIRSTB Share Price Target Prediction for 2026*^ |
99 - 105.9 |
IDFCFIRSTB Share Price Target Prediction for 2027*^ |
111 |
IDFCFIRSTB Share Price Target Prediction for 2028*^ |
114 |
IDFCFIRSTB Share Price Target Prediction for 2030*^ |
125 |
IDFCFIRSTB Current Book Value 2023 |
44.1 |
*IDFC First Bank Ltd. Short Term & Long Term share price target is based on current financial year earings of the company.
^IDFCFIRSTB share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
IDFCFIRSTB Technical Analysis
Candlestick Pattern: @63.41MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 65.09 | SELL | 64.76 | SELL |
MA_12 | 66.19 | SELL | 66.09 | SELL |
MA_20 | 66.9 | SELL | 67.03 | SELL |
MA_32 | 69.31 | SELL | 68.51 | SELL |
MA_50 | 70.59 | SELL | 69.76 | SELL |
MA_100 | 72.36 | SELL | 71.97 | SELL |
MA_200 | 76.71 | SELL | 75.04 | SELL |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 66.9 | Downtrend |
MACD | -0.15 | SELL |
ADX | 48.71 | Strong Trend |
DMI (+/-) | 10.32 / 36.11 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 33.24 | Neutral |
STOCHASTIC_K (Fast) | 9.98 | Oversold |
STOCHASTIC_D (Slow) | 20.35 | Neutral |
CCI | -176.31 | SELL |
PSAR | 70.59 | SELL |
TRUE RANGE | 1.84 | Neutral |
ATR | 2.08 | Neutral |
WILLIAMS R | -63.6 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 0 | Oversold |
STOCHASTIC RSI D | 25.23 | Neutral |
MOMENTUM | -8.81 | SELL |
Duration | Value |
---|---|
1 Year | -26.44% |
3 Months | -11.15% |
1 Month | -12.2% |
1 Week | -4.68% |
Action | Overall (%) |
---|---|
BUY | 3% |
NEUTRAL / HOLD | 23% |
SELL | 73% |
Most popular Questions & Answers about IDFCFIRSTB
IDFC First Bank Ltd. stock last traded price is 64.15. IDFCFIRSTB share price moved Up by 1.92% from its previous close of Rs 62.94.
IDFC First Bank Ltd. share price trend is Up with a total of 18934600 stocks traded till now. It has touched an intraday high of Rs 93.3745 and an intraday low of Rs 63. The IDFCFIRSTB trading at 64.15, Up by Rs. 1.21, or 1.92 percent which suggests that most of the Traders are anticipating that the price of IDFCFIRSTB share should go Up and the Stop Loss will be around 64.32.
The market cap of IDFC First Bank Ltd. is ₹28528 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for IDFC First Bank Ltd. as of Nov 22, 2024 is 18.6.
The current price to book ratio for IDFC First Bank Ltd. as of Nov 22, 2024 is 1.45.
The highest price of IDFC First Bank Ltd. stock is ₹92.45 in the last 52-week.
The lowest price of IDFC First Bank Ltd. stock is ₹59.3 in the last 52-week.
IDFC First Bank Ltd. share trading at ₹64.15, Up by Rs. 1.21, or 1.92 percent which suggests that most of the traders are anticipating that the price of IDFCFIRSTB share should go Up.
In 2023, Stock price target for IDFC First Bank Ltd. (IDFCFIRSTB) are ₹62.2 on downside and ₹80.5 on upside. IDFC First Bank Ltd. share price target is based on current financial year earings of the company.
In 2024, Stock price target for IDFC First Bank Ltd. (IDFCFIRSTB) are ₹80.5 on downside and ₹99 on upside. IDFC First Bank Ltd. share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for IDFC First Bank Ltd. (IDFCFIRSTB) are ₹99 on downside and ₹105.9 on upside. IDFC First Bank Ltd. share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for IDFC First Bank Ltd. (IDFCFIRSTB) will be around ₹114 IDFC First Bank Ltd. share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of IDFCFIRSTB.
The price of IDFC First Bank Ltd. (IDFCFIRSTB) shares moved by 1.92%. The short-term trend for IDFCFIRSTB share price is Up. It implies that the share price of IDFCFIRSTB will stay the same tomorrow and that intraday traders should treat VWAP at 64.32 as a stop loss. Investors with a long-term outlook can track IDFCFIRSTB long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of IDFCFIRSTB stock is 38. Compared to the current market price of 64.15 INR, the IDFCFIRSTB stock is Overvalued by 40.8%.
As per the fundamental analysis of IDFC First Bank Ltd. (IDFCFIRSTB), it is of Economical quality in terms of earnings and profit margins with an EPS of 3.17. IDFC First Bank Ltd. book value per share as of today is 44.28. The current price to book ratio for IDFCFIRSTB as of Nov 23, 2024 is 1.45.
NSE:IDFCFIRSTB News & Other Useful Information about IDFCFIRSTB Share Price
Peer Comparison of NSE: IDFCFIRSTB
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Banks - Private Sector
Company | Price | EPS | BV |
---|---|---|---|
HDFCBANK | 1742.10 | 86.2 | 572.55 |
ICICIBANK | 1278.00 | 62.06 | 337.92 |
KOTAKBANK | 1761.80 | 84.16 | 486.07 |
AXISBANK | 1141.80 | 84.52 | 485.53 |
INDUSINDBK | 998.65 | 104.26 | 806.11 |
BANDHANBNK | 170.14 | 17.31 | 133.87 |
AUBANK | 595.70 | 24.47 | 169.87 |
YESBANK | 19.21 | 0.55 | 13.31 |
IDFCFIRSTB | 64.15 | 3.17 | 44.28 |
FEDERALBNK | 209.37 | 16.22 | 118.61 |