Is IDFC First Bank overvalued?

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.

Is IDFC Bank profitable?

"We have posted the highest ever profit after tax of Rs 474 crore in Q1FY23. Our return on assets has nearly touched 1 per cent and we expect it to rise from here," V Vaidyanathan, Managing Director and CEO, IDFC FIRST Bank said.Market Dashboard. NSE. BSE.

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 IDFC Bank debt free?

Company is almost debt free.Peer comparison.

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 future of IDFC share?

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.

Which bank has highest profit in India?

SBI's record net has made it the most profitable company this quarter on a consolidated basis. The consolidated net profit of SBI at Rs 14,752 crore was higher than Reliance Industries' Rs 13,656 crore.08-Nov-2022

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 Indian bank earns most profit?

State Bank of India's (SBI) reported net profit ₹13,265 crore on a standalone basis, beating Reliance Industries which remained the most profitable corporate for decades, by a wider margin as Reliance took a hit of ₹4,039 crore in windfall tax on its exports during the quarter.06-Nov-2022

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

Is IDFC a good job?

I worked as a Verification Executive in IDFC. I love working with IDFC because the staff and management are very supportive. And the work is also fruitful.

Is IDFC good to work in?

Its great to work here Work culture is positive, salary is competitive. Team members are good. Company provide enought yime for eveyone to learn. Retention policy is string.

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 share worth buying?

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

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.

What is the target of IDFC?

IDFC Ltd., incorporated in the year 1997, is a Mid Cap company (having a market cap of Rs 12189.25 Crore) operating in Term Lending Institutions sector. Axis Securities has buy call on IDFC with a target price of Rs 92. The current market price of IDFC Ltd. is Rs 76.4 .13-Oct-2022

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