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IDFC First Bank Ltd is a leading private-sector bank in India. It was formed after the merger of IDFC Bank and Capital First, aiming to offer a wide range of banking services. The bank provides products like savings accounts, loans, credit cards, and wealth management services, catering to both individuals and businesses. IDFC First Bank Share Price on NSE as of 11 November 2024 is 66.50 INR. Here will provide you more details on IDFC First Bank Share Price Target 2024, 2025, 2026 to 2030.

IDFC First Bank Ltd: Market Overview

• Open Price: ₹65.83
• High Price: ₹67.00
• Low Price: ₹65.52
• Previous Close: ₹65.63
• Volume: 40,876,112
• Value (Lacs): ₹27,207.14
• VWAP: ₹66.35
• UC Limit: ₹72.19
• LC Limit: ₹59.06
• P/E ratio: 20.55
• Div yield: N/A
• 52-wk high: ₹92.45
• 52-wk low: ₹59.30
• Mkt cap: ₹48.67°­°ä°ù
• Face Value: ₹10

IDFC First Bank Share Price Chart

IDFC First Bank Share Price Target Tomorrow 2024 To 2030

IDFC First Bank Share Price Target 2024

IDFC First Bank share price target 2024 Expected target could be ₹99. Here are three key factors that could influence the growth of IDFC First Bank’s share price target in 2024:

• Digital Expansion and Customer Growth: IDFC First Bank’s strong focus on digital banking can attract more tech-savvy customers, especially in urban areas, and help retain existing ones. Expanding digital services and improving online user experience could lead to higher customer engagement and revenue growth, positively impacting the share price.
• Loan Book Expansion and Asset Quality: The bank’s growth in retail loans and focus on increasing its secured loan portfolio may help drive steady income while reducing risks. Maintaining asset quality and minimizing non-performing assets (NPAs) will be crucial for sustaining profitability, which can enhance investor confidence in the stock.

• Interest Rate Environment and Economic Conditions: Interest rate fluctuations can directly affect the bank’s net interest margin (NIM), a key profitability metric. If the economic environment remains stable with favorable rates, IDFC First Bank could see better margins. Conversely, unfavorable economic changes could add pressure on growth targets.

IDFC First Bank Share Price Target 2025

IDFC First Bank share price target 2025 Expected target could be ₹122. Here are three key factors that could influence the growth of IDFC First Bank’s share price target in 2025:

• Expansion of Retail Banking Services: IDFC First Bank’s emphasis on retail banking growth, including personal loans, home loans, and credit cards, is expected to bring in more steady revenue. Success in expanding these services will be key to building a diversified revenue stream and boosting the bank’s market position, potentially increasing its share price.
• Improvement in Asset Quality and Reduction of NPAs: Managing asset quality and reducing non-performing assets (NPAs) will be crucial for maintaining profitability and investor trust. Effective risk management practices and lowering NPA levels could lead to stronger financial performance, positively influencing the stock.

• Digital and Fintech Partnerships: Collaborations with fintech companies and digital initiatives could expand IDFC First Bank’s digital reach and appeal to younger, tech-savvy customers. Successful partnerships and innovations in digital banking services may enhance customer acquisition, helping the bank grow its customer base and revenue.

IDFC First Bank Share Price Target 2030

IDFC First Bank share price target 2030 Expected target could be ₹452. Here are three key factors that could impact the growth of IDFC First Bank’s share price target by 2030:

• Long-term Digital Transformation and Innovation: As digital banking becomes increasingly critical, IDFC First Bank’s continued investment in digital infrastructure, AI, and fintech collaborations will be essential. Innovations that improve customer experience and operational efficiency could help the bank gain a competitive edge, making it more appealing to investors over the long term.
• Growth in Retail and MSME Loan Portfolios: By focusing on expanding its retail and MSME (Micro, Small, and Medium Enterprises) loan portfolios, IDFC First Bank could diversify its income sources and reduce reliance on corporate lending. Strong growth in these sectors would make its revenue base more stable and resilient, benefiting its stock value.

• Strengthening Financial Health and NPA Control: Maintaining low levels of non-performing assets (NPAs) and improving asset quality over time is crucial for IDFC First Bank’s financial stability. A solid track record of prudent risk management and strong asset quality will be instrumental in building investor confidence and driving long-term share price growth.

Shareholding Pattern For IDFC First Bank Ltd

• Retail and Others: 56.51%
• FII: 27.30%
• DII: 11.21%
• Mutual Funds: 4.98%

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IDFC First Bank Ltd Financials

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