IDFC First Bank, a subsidiary of IDFC Group, has shown robust growth in recent years. Formed after the merger of IDFC Bank with Capital First Limited, it offers a wide range of financial services including savings accounts, loans, credit cards, and digital banking solutions. With a strategic presence across India, IDFC First Bank has been a promising investment option for many due to its consistent performance and expansion.
IDFC First Bank Share Price Targets 2024
Month
Target Price (₹)
April 2024
83.50
May 2024
84.35
June 2024
87.20
July 2024
88.30
August 2024
90.45
September 2024
89.85
October 2024
92.55
November 2024
91.60
December 2024
92.70
IDFC First Bank Share Price Targets 2025
Month
Target Price (₹)
January 2025
93.55
February 2025
95.45
March 2025
92.70
April 2025
91.35
May 2025
96.75
June 2025
98.40
July 2025
100.20
August 2025
102.85
September 2025
101.70
October 2025
103.60
November 2025
105.25
December 2025
107.75
IDFC First Bank Share Price Targets 2026
Month
Target Price (₹)
January 2026
109.30
February 2026
111.50
March 2026
114.90
April 2026
112.30
May 2026
115.55
June 2026
117.35
July 2026
118.95
August 2026
119.50
September 2026
121.65
October 2026
123.30
November 2026
125.05
December 2026
126.90
IDFC First Bank Share Price Targets 2027
Month
Target Price (₹)
January 2027
124.10
February 2027
126.45
March 2027
128.50
April 2027
129.30
May 2027
130.40
June 2027
132.55
July 2027
133.95
August 2027
135.75
September 2027
136.70
October 2027
138.10
November 2027
139.15
December 2027
140.30
IDFC First Bank Share Price Targets 2028
Month
Target Price (₹)
January 2028
142.60
February 2028
141.25
March 2028
140.30
April 2028
143.70
May 2028
145.85
June 2028
146.50
July 2028
149.30
August 2028
150.65
September 2028
152.95
October 2028
154.30
November 2028
156.70
December 2028
157.25
IDFC First Bank Share Price Targets 2029
Month
Target Price (₹)
January 2029
160.10
February 2029
161.80
March 2029
162.75
April 2029
164.25
May 2029
165.75
June 2029
167.05
July 2029
168.10
August 2029
169.60
September 2029
170.45
October 2029
171.25
November 2029
172.05
December 2029
174.75
IDFC First Bank Share Price Targets 2030
Month
Target Price (₹)
January 2030
175.65
February 2030
177.25
March 2030
176.05
April 2030
178.45
May 2030
180.55
June 2030
182.60
July 2030
183.20
August 2030
186.45
September 2030
188.30
October 2030
190.75
November 2030
193.05
December 2030
195.15
IDFC First Bank Share Price Targets Financial Overview 2023:
Particulars
Figures (₹ Cr)
Revenue
27,195
Expenses
23,864
EBITA
3,766
Profit Before Tax
3,331
Net Profit
2,485
Fundamentals:
Market Cap: ₹59,889 Cr
P/E Ratio: 19.79
ROE: 9.85%
Book Value: ₹43.46
Face Value: ₹10
IDFC First Bank Share Price Targets Shareholding Pattern:
Category
Shareholding (%)
Promoters
37.45
Foreign Institutions (FII)
24.30
Domestic Institutions (DII)
2.60
Retail Investor
32.26
Mutual Funds
3.40
Key Considerations for Investing in IDFC First Bank Stocks
Before investing in IDFC First Bank, it’s crucial to consider the following factors:
Financial Performance: Analyze revenue growth, debt levels, and profitability metrics like P/E ratio.
Regulatory Environment: Keep updated on regulatory changes and policies affecting the banking sector.
Competitive Landscape: Understand the competitive positioning of IDFC First Bank in the banking industry.
Conclusion
IDFC First Bank has demonstrated significant growth potential and stability in recent years. Investors looking to capitalize on this potential should conduct thorough research and consider expert advice. For those interested in creating a demat account, click the button below. Partner with GRM Bulls for comprehensive financial services and explore trading opportunities at GRM IIT.
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