Is IDFC First Bank a good buy?

The bank has reported net profit after tax of Rs 567.19 Crore in latest quarter. Faster retracement suggests resumption of uptrend and offers fresh entry opportunity. Promoters held 36.48 per cent stake in the company as of 30-Jun-2022, while FIIs owned 15.65 per cent, DIIs 5.52 per cent.7 days ago

Can I buy IDFC First Bank stock?

How to Buy IDFC First Bank Share? You can easily buy IDFC First Bank shares in Groww by creating a demat account and getting the KYC documents verified online.

Should I hold IDFC First Bank share?

Yes absolutely. You are right there is definitely an arbitrage opportunity in IDFC and IDFC First and if you want to get into IDFC First Bank, buying shares of IDFC may give a slight maybe 4-5% price advantage because I also feel that the ratio will be slightly in favour of IDFC shareholders rather than IDFC First.13-Oct-2022

What will happen to IDFC First Bank?

In October 2021, IDFC Ltd, through its step-down subsidiary, IDFC Financial Holding Company Ltd, sought the bank's consent for merger, to which the bank agreed in December 2021.16-Nov-2022

Which is better HDFC or IDFC?

HDFC Bank is most highly rated for Culture and IDFC FIRST Bank is most highly rated for Compensation and benefits.Overall Rating.

What is the target for IDFC First Bank?

View 15 reports from 7 analysts offering long term price targets for IDFC First Bank Ltd.. IDFC First Bank Ltd. has an average target of 64.43. The consensus estimate represents an upside of 4.00% from the last price of 61.95.

Will IDFC share go up?

As on 19th Dec 2022 IDFC SHARE Price closed @ 86.05 and we RECOMMEND Strong Buy for LONG-TERM with Stoploss of 63.03 & Strong Buy for SHORT-TERM with Stoploss of 78.38 we also expect STOCK to react on Following IMPORTANT LEVELS.IDFCSHARE Price.

Is IDFC First Bank overvalued?

Is IDFC First Bank Ltd undervalued or overvalued? The key valuation ratios of IDFC First Bank Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

Which bank share is best to buy?

Is buying 1 share worth it?

While purchasing a single share isn't advisable, if an investor would like to purchase one share, they should try to place a limit order for a greater chance of capital gains that offset the brokerage fees.

Which is better IDFC or Icici?

ICICI Bank Ltd is most highly rated for Job security and advancement and IDFC FIRST Bank is most highly rated for Compensation and benefits.Overall Rating.

Is it OK to have 1 share stock?

Absolutely. In fact, with the emergence of commission-free stock trading, it's quite feasible to buy a single share. Several times in recent months I've bought a single share of stock to add to a position simply because I had a small amount of cash in my brokerage account.

Is IDFC First Bank in trouble?

IDFC First Bank has gone through a tough phase due to asset quality issues and challenging market conditions. Its numbers now suggest that the lender has addressed most of its problems.02-Feb-2022

Is IDFC the next HDFC?

IDFC First Bank Ltd is the “next HDFC Bank” Now, the much awaited merger between Capital First and IDFC Bank has been consummated and the new entity is named 'IDFC First Bank'.20-Jan-2019

Can I trust IDFC?

The second aspect to note is that the deposits are AAA rated by CRISIL, which is the highest level of safety. This is for the bank's fixed deposit programme. So, based on the above parameters, we can fairly conclude that the savings bank account of IDFC First is rather safe at the moment.09-Oct-2020

Which is better axis or IDFC?

Axis Bank is most highly rated for Job security and advancement and IDFC FIRST Bank is most highly rated for Compensation and benefits.Overall Rating.

Which one is better IndusInd or IDFC?

IndusInd Bank is most highly rated for Job security and advancement and IDFC FIRST Bank is most highly rated for Compensation and benefits.Overall Rating.

Which bank has highest rating in India?

Headquartered in Mumbai, Housing Development Finance Corporation Ltd. HDFC is the largest private sector bank in India & also No. 1 Bank in India according to the bank ranking in India.06-Dec-2022

Will IDFC First Bank give dividends?

IDFC First Bank Ltd. The company has a good dividend track report and has consistently declared dividends for the last 5 years.

Why is IDFC First Bank falling?

IDFC Bank has exposure to Vodafone-Idea debt. Since, Vodafone-Idea is on the verge of bankruptcy and closure, this might result in NPA for IDFC Bank. Hence, the drop in share value.