IDFC FIRST BANK LIMITEDIDFC FIRST BANK LIMITEDIDFC FIRST BANK LIMITED

IDFC FIRST BANK LIMITED

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IDFC FIRST BANK LIMITED stock forum



IDFCFIRSTB

Jefferies has initiated coverage on the stock with a "Buy" rating and a target price of ₹100, implying an upside of over 17% from the current levels. They expect the bank to deliver a 28% earnings per share CAGR over FY2024-27, driven by asset growth, margin expansion, and improvement in cost-to-income ratio.

Other analysts, such as BOB Capital Markets, have also assigned a "Buy" rating on the stock, with a target price of ₹96, citing expectations of improved return on assets (ROA) and return on equity (ROE) in the coming years.







IDFCFIRSTB near its important trendline resistance, if breaks out with volume, may start rallying again
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IDFCFIRSTB retest is also done on weekly , if this slides below 52.2 then near target on downside we can see as 43-44
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