idfc first bank stock target

Should you buy IDFC First Bank shares after steady Q1 earnings?

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Should you buy IDFC First Bank shares after steady Q1 earnings?

A steady June quarter earnings with lower provisions triggered buying action in IDFC First Bank shares on Monday as it jumped over 2% to the day’s high of Rs 85.75 on the NSE. The stock, which is at a kissing distance from its 52-week high of 86.10, saw over 2.4 crore shares changing hands around … Read more

Axis Securities initiates coverage on IDFC First Bank, sees 31% upside

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Axis Securities initiates coverage on IDFC First Bank, sees 31% upside

Confident that the company would grow profitably from hereon supported by its successful transition from infrastructure lending to building a diversified retail-focused loan book, Axis Securities initiated coverage on with a buy rating and a target price of Rs 70, implying an upside of 31% from the current market price of Rs 53.3. The company … Read more