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IDFC First Bank likely to retain expanded valuation on bourses
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ET Intelligence Group: The stock of IDFC First Bank has gained 33% over the past three months compared with the 0.2% increase in the ET Banks index and 4.5% gain in the benchmark S&P BSE Sensex. The stock’s outperformance owes to the bank's stellar performance in the June quarter with a strong growth in the loan book and fee income, and improving asset quality.
Analysts expect 25% loan growth for FY24 and FY25. In addition, the lender has
. Read more on economictimes.indiatimes.comAbout this in other media
GQG invests ₹479 cr more in IDFC First livemint.com /1 year ago
GQG buying IDFC First Bank stake: I am not selling out. It is coming back for reinvestment in the bank, says Vaidyanathan economictimes.indiatimes.com /1 year ago
ETMarkets Fund Manager Talk: Consolidation in few pockets likely as market valuation looks stretched: Shreyash Devalkar, Axis MF economictimes.indiatimes.com /1 year ago
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