IDFC First Bank Ltd.
Share Price Target & Analysis

NSE:IDFCFIRSTB

64.32

VWAP

63

Open

62.94

Close

64.81

High

63

Low

92.45

52 Week High

64.15
1.21 (1.92%)

IDFCFIRSTB

(FINANCIAL SERVICES)
14.6% Momentum

Turnaround Potential

59.3

52 Week Low

3.17

EPS

18.6

PE

1.45

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: @63.41

IDFCFIRSTB Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA 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

IDFCFIRSTB Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 66.9 Downtrend
MACD -0.15 SELL
ADX 48.71 Strong Trend
DMI (+/-) 10.32 / 36.11 Downtrend

IDFCFIRSTB Momentum Oscillators

BUY (0) NEUTRAL (7) SELL (5)
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

IDFCFIRSTB Last 1 Year Trend

Duration Value
1 Year -26.44%
3 Months -11.15%
1 Month -12.2%
1 Week -4.68%

IDFCFIRSTB Technical Analysis Summary

Updated on 2024-11-14
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
Updated at: 22 Nov 2024 15:31

Feel free to contact us, in case of any queries.

SITEMAP 2107
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today


ADANIENT 2229.90 46.25 (2.12%) | ADANIGREEN 1054.50 -91.20 (-7.96%) | ADANIPORTS 1138.00 23.35 (2.09%) | ADANITRANS 1010.05 -18.55 (-1.8%) | AMBUJACEM 502.60 18.45 (3.81%) | APOLLOHOSP 6902.00 159.50 (2.37%) | ASIANPAINT 2469.75 41.60 (1.71%) | ATGL 611.00 9.10 (1.51%) | AUROPHARMA 1223.00 3.00 (0.25%) | AXISBANK 1141.80 2.65 (0.23%) | BAJAJ-AUTO 9468.00 -37.00 (-0.39%) | BAJAJFINSV 1601.00 31.75 (2.02%) | BAJFINANCE 6720.00 254.35 (3.93%) | BALKRISIND 2763.60 41.65 (1.53%) | BANDHANBNK 170.14 4.28 (2.58%) | BANKBARODA 235.90 7.40 (3.24%) | BEL 280.85 5.40 (1.96%) | BERGEPAINT 477.60 12.10 (2.6%) | BHARTIARTL 1568.40 43.25 (2.84%) | BIOCON 331.60 8.50 (2.63%) | BOSCHLTD 34350.00 241.30 (0.71%) | BPCL 286.00 3.60 (1.27%) | BRITANNIA 4849.95 46.60 (0.97%) | CADILAHC 1100.00 -15.15 (-1.36%) | CIPLA 1485.25 19.75 (1.35%) | COALINDIA 414.10 8.10 (2%) | COLPAL 2718.00 27.70 (1.03%) | DABUR 513.25 7.50 (1.48%) | DIVISLAB 6000.00 22.90 (0.38%) | DLF 803.50 29.55 (3.82%) | DMART 3610.00 -12.90 (-0.36%) | DRREDDY 1214.00 18.65 (1.56%) | EICHERMOT 4980.50 98.40 (2.02%) | GAIL 192.80 4.50 (2.39%) | GLAND 1755.00 -32.00 (-1.79%) | GODREJCP 1190.00 11.30 (0.96%) | GRASIM 2591.00 56.15 (2.22%) | GUJGASLTD 461.65 8.05 (1.77%) | HAVELLS 1669.95 33.85 (2.07%) | HCLTECH 1897.10 60.75 (3.31%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 4220.00 5.90 (0.14%) | HDFCBANK 1742.10 0.90 (0.05%) | HDFCLIFE 685.35 10.95 (1.62%) | HEROMOTOCO 4788.00 20.15 (0.42%) | HINDALCO 652.00 3.95 (0.61%) | HINDUNILVR 2440.00 57.20 (2.4%) | HINDZINC 490.30 3.25 (0.67%) | ICICIBANK 1278.00 27.45 (2.2%) | ICICIGI 1835.10 30.40 (1.68%) | ICICIPRULI 689.35 10.80 (1.59%) | INDIGO 4145.00 75.20 (1.85%) | INDUSINDBK 998.65 17.20 (1.75%) | INDUSTOWER 330.20 1.10 (0.33%) | INFY 1889.20 55.15 (3.01%) | IOB 50.25 0.44 (0.88%) | IOC 132.90 2.19 (1.68%) | ITC 474.00 16.85 (3.69%) | JSWSTEEL 975.00 30.85 (3.27%) | KOTAKBANK 1761.80 24.70 (1.42%) | LT 3605.00 121.50 (3.49%) | LTI 6149.30 78.10 (1.29%) | LUPIN 2064.55 21.55 (1.05%) | M&M 3005.50 69.25 (2.36%) | MARICO 598.00 6.95 (1.18%) | MARUTI 11070.05 208.60 (1.92%) | MCDOWELL-N 1485.00 -14.35 (-0.96%) | MOTHERSUMI 187.83 -5.36 (-2.77%) | MUTHOOTFIN 1926.40 26.85 (1.41%) | NAUKRI 7990.00 474.65 (6.32%) | NESTLEIND 2242.50 31.30 (1.42%) | NMDC 220.80 3.17 (1.46%) | NTPC 364.70 8.55 (2.4%) | ONGC 245.45 3.30 (1.36%) | PEL 1082.75 27.80 (2.64%) | PIDILITIND 2967.45 29.40 (1%) | PIIND 4124.70 -14.00 (-0.34%) | PNB 99.99 3.62 (3.76%) | POWERGRID 336.00 10.10 (3.1%) | RELIANCE 1264.00 41.00 (3.35%) | SAIL 112.75 2.16 (1.95%) | SBICARD 680.65 5.60 (0.83%) | SBILIFE 1487.20 9.25 (0.63%) | SBIN 814.55 33.80 (4.33%) | SHREECEM 24814.00 761.15 (3.16%) | SIEMENS 6850.00 208.35 (3.14%) | SRF 2163.25 19.60 (0.91%) | SUNPHARMA 1805.60 25.60 (1.44%) | TATACONSUM 943.00 31.30 (3.43%) | TATAMOTORS 794.00 20.15 (2.6%) | TATAMTRDVR 768.65 33.35 (4.54%) | TATASTEEL 142.55 2.33 (1.66%) | TCS 4221.95 149.10 (3.66%) | TECHM 1744.10 41.85 (2.46%) | TITAN 3302.00 123.55 (3.89%) | TORNTPHARM 3171.00 69.05 (2.23%) | ULTRACEMCO 11301.15 346.30 (3.16%) | UPL 565.50 9.75 (1.75%) | VEDL 445.40 2.60 (0.59%) | WIPRO 571.40 14.25 (2.56%) |