IDFC first bank share surges 6 percent today after Q4 bumper result, expert says buy delivered double return – Business News India
read on the appIDFC first bank share: Shares of private sector IDFC First Bank gained tremendously on Tuesday after impressive quarterly results. The stock reached a 52-week high
on Tuesday. During the trading, the share price rose by about 6 per cent to Rs 65.20. However, profit booking was also seen after some time. Experts are looking bullish on this
stock. What do experts sayChandan Taparia of Motilal Oswal said that IDFC First Bank shares are bullish. It may rise to ₹68 to ₹70 per share in the short term. It is
recommended to keep this stock in portfolio. Taking loan against FD is a deal of advantage or disadvantage? know from expert
According to Anuj Gupta, Vice President,
IIFL Securities, IDFC First Bank stock is going to give multibagger returns. The stop loss for this stock has been fixed at Rs.53. Whereas, the target price is Rs 80. According to
experts, technically the stock is strong. Amazing mutual fund: 7.10% return given in one month, money is also invested in these heavyweight stocks
the results are
awesomeIDFC First Bank reported 134 per cent growth in profit after tax (PAT) at Rs 803 crore for the March 2023 quarter. The profit in the year-ago quarter stood at Rs 343 crore.
Explain that the bank has achieved its highest ever quarterly profit in the March 2023 quarter. The record profit for the entire last financial year was Rs 2,437 crore, while it
was Rs 145 crore in the financial year 2021-22.