IDFC First Bank Share Price Target 2022 2023 2025 2030

IDFC First Bank Share Price Target

Mkt cap 32.21TCr

About IDFC First Bank :

IDFC First Bank Ltd. was incorporated in the year 2014. Its today’s share price is 51.85. Its current market capitalisation stands at Rs 32210.49 Cr. In the latest quarter, company has reported Gross Sales of Rs. 159678.6 Cr and Total Income of Rs.182215.59 Cr. The company’s management includes Satish Gaikwad, V Vaidyanathan, Ajay Sondhi, Vishal Mahadevia, S Ganesh Kumar, Hemang Raja, Pravir Vohra, Brinda Jagirdar, Aashish Kamat, Sanjeeb Chaudhuri.

52-wk high 69.30
52-wk low 32.00
P/E ratio
Div yield

About IDFC First Bank Share :

  • IDFC First Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 32,240.85 Crore).
  • IDFC First Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2021.
  • The Bank has reported Standalone Non Performing Assets (Gross NPAs) at .00 % of total assets and Standalone Net Non Performing Assets (Net NPAs) at .00% of total assets for the quarter ending 30-09-2021.
  • For the quarter ended 30-09-2021, the company has reported a Consolidated Total Income of Rs 4,830.14 Crore, down 2.18 % from last quarter Total Income of Rs 4,938.03 Crore and up 18.35 % from last year same quarter Total Income of Rs 4,081.34 Crore.
  • The bank has reported net profit after tax of Rs 110.95 Crore in latest quarter.
  • The bank’s top management includes Mr.V Vaidyanathan, Mr.Vishal Mahadevia, Mr.Ajay Sondhi, Mr.Sanjeeb Chaudhuri, Mr.Aashish Kamat, Dr.(Mrs.)Brinda Jagirdar, Mr.Hemang Raja, Mr.Pravir Vohra, Mr.S Ganesh Kumar.

 

IDFC First Bank Share Price Target 2021 Q4

  • November 2021 – 52.15 Rs
  • December 2021 – 53.20 Rs

 

IDFC First Bank share price target 2022

  1. 2022 Jan – 52.35 Rs
  2. 2022 Feb – 53.36 Rs
  3. 2022 Mar – 54.39 Rs
  4. 2022 Apr – 54.71 Rs
  5. 2022 May – 55.10 Rs
  6. 2022 Jun –  56.95 Rs
  7. 2022 Jul –  56.90 Rs
  8. 2022 Aug – 57.95 Rs
  9. 2022 Sep –  57.99 Rs
  10. 2022 Oct – 59.50 Rs
  11. 2022 Nov –  58.55 Rs
  12. 2022 Dec –  59.65 Rs

 

IDFC First Bank Share price target 2023  – 68.25 Rs 

IDFC First Bank Share price target 2024 –  77.15 Rs

IDFC First Bank Share price target 2025 –  82.50 Rs

IDFC First Bank Share price target 2026 –  95.30 Rs

IDFC First Bank Share price target 2027 – 110.35 Rs

IDFC First Bank Share price target 2028 – 142.20 Rs

IDFC First Bank Share price target 2029 – 172.80 Rs

IDFC First Bank Share price target 2030 – 208.00 Rs

 

IDFC first bank share price target 2022

IDFC first bank is now slowly focusing on more and more retail loans except corporate loans. Because the possibility of NPA in retail loan is very less, where banks give small amount of loan to many customers. If one or two customers are unable to repay the loan, then the bank does not see the risk of increasing NPA that much. Due to which you will see the amount of NPA decreasing in IDFC first bank in the coming days.

Before the merger of IDFC bank with Capital First, the bank which had given corporate loans to many sinking companies, now due to the government’s relief package, the possibility of money coming from those companies is visible. Due to which due to the improvement of NPA of this bank in the coming days, there is a good jump in the share price as well.

Talking about the short time, IDFC first bank share price target is expected to show you the first target of 85 rupees by 2022. As soon as this target becomes interest, you try to hold the second target for Rs.92.

 

IDFC first bank share price target 2023

IDFC first bank is continuously expanding its branches in rural areas to increase its business in the retail sector. Along with this, all the facilities related to banking are trying to rapidly expand their ATM network to provide the best to the customer.

Due to which retail customers are being added rapidly to the bank and due to this the CASA Ratio is also seen increasing at a fast pace. Due to the increase in CASA Ratio, banks will be seen giving loans to retail investors faster in the coming days. Due to which the bank will get good amount of interest and good growth in profit is going to be seen.

The way IDFC first bank is adding more and more customers, you can see a good growth bank emerging in the retail sector in the coming years. Talking about the share price of this bank in 2023, the first target you can see is Rs 120. After that you see the second target for Rs 127.

IDFC first bank share price target 2025

The management of the bank has many years of experience, due to which the roots of IDFC first bank are visible the most. At the same time, the way the management of the bank seems to be focusing on digital in its banking service keeping in mind the future, it is seen giving most of the facilities related to banking service online to the customer.

Bank is trying its best to provide best service to the customer by using latest technology in digital to improve their banking service. The benefit of which is gradually going to be seen by you IDFC first bank.

In the coming years, if it is possible to keep updated in the digital service, then by 2025, IDFC first bank share price target is going to show you the first target of Rs 177. Then the second target stops to be of interest of Rs 185.

IDFC first bank share price target 2030

India’s banking sector is very small compared to other developed countries. The development journey of this sector has just started. As India’s economy continues to grow, IDFC first bank of the banking sector seems to be taking advantage of this growth continuously.

Because the bank seems to be constantly taking advantage of every opportunity. For which IDFC first bank is increasingly seen launching new credit cards for each of its customers in view of the increasing demand of the credit card business. The benefit of which is definitely going to be seen by IDFC first bank in the long run.

Just as IDFC first bank is strengthening its banking service, if it is able to increase it in the long run, then in 2030 the share price target of this bank is likely to be traded around Rs 460.

 

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IDFC first bank share Future

IDFC first bank is a strong led bank in the baking sector. Whenever there seems to be any problem in this bank such as the increase in NPA, the management is seen controlling it by taking good decisions at the right time. Due to strong management, IDFC first bank can be seen showing you good growth in the coming time.

Along with this, we are continuously improving our banking service with a view to the future, due to which you can see good financial growth in IDFC first bank in the coming years.

 

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