Is it good to buy IDFC First Bank share for long term?

Is IDFC First Bank Ltd a good quality company? Past 10 year's financial track record analysis by Moneyworks4me indicates that IDFC First Bank Ltd is a average quality company.

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.

Can we buy IDFC First Bank shares?

Yes, You can buy IDFC BANK LIMITED (IDFCBANK) shares by opening a Demat account with Angel One.

Is IDFC First Bank a good stock?

The company has been consistently maintaining a NIM of 4.92% since last 3 years. CASA stands at 48.44% of total deposits. Good Capital Adequacy Ratio of 16.74%.

Which stock is best for long term?

best long term stocks

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.

Should I hold IDFC 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

Which bank share is Best Buy?

Does IDFC Bank give dividend?

Dividend is recommended by the Board of Directors of the Bank. Final Dividend is declared after the approval of the shareholders at the Annual General Meeting, which is required to be held within six months from the end of the financial year.

Is Tata Steel is good to buy?

On the basis of EV/EBITDA also, Tata Steel sounds good as its EV/EBITDA is 2.87 times which is comparatively lower than JSW Steel's 5.98 times. Steel prices fell sharply in June 2022 post imposition of 15 per cent export duty but average realisation stood higher by 6-12% QoQ.07-Oct-2022

Is IDFC First 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 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.

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 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.

Is Tata Power a good buy for long term?

Tata Power stock traded between Rs 70 and Rs 130 for more than a decade. Since 2020, the company has revived itself and worked on new strategies for growth. In the last 18 months, Tata Power's share has more than tripled. In 2022, Tata Power has delivered over 10% returns to its investors.06-Sept-2022

Which stock is best for 5 years?

Highest returns in 5 year

Which is the fastest growing stock?

FAST GROWING STOCK

Why is IDFC Bank share 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.