Why IDFC First Bank shares are falling?

Shares of IDFC First Bank fell after the lender reported weaker-than-expected asset quality in the first quarter of the current financial year. The bank reported a net loss of Rs 630 crore in the April-June quarter, compared with a net profit of Rs 94 crore a year ago.

Is IDFC First Bank safe?

9,594 crore as on June 30, 2019. The various other positive aspects include high growth in net interest margins and improved cost to income ratio. The second aspect to note is that the deposits are AAA rated by CRISIL, which is the highest level of safety.

Is it a good time to buy IDFC First Bank shares?

The stock has not been able to generate a better return on equity than bank FD. Good time to consider, as stock is not in the overbought zone. 18\% of Analysts have suggested that investors can buy this stock. In 1 year IDFC First Bank has provided 104.58\% of returns and in 5 years 27.97\% of returns.

Is IDFC Bank Ltd (idfcbank) a good long-term investment?

According to our live Forecast System, Idfc Bank Ltd stock is a good long-term (1-year) investment*. “Idfc Bank Ltd” stock predictions are updated every 5 minutes with latest exchange prices by smart technical market analysis. Q&A about “IDFCBANK” projections.

What is the history of IDFC First Bank?

Thus, IDFC FIRST Bank was founded as a new entity by the merger of Erstwhile IDFC Bank and Erstwhile Capital First on December 18 2018. Get these awesome tools to plan your finances! Get free money management solutions delivered to your mailbox! Subscribe to get posts via email! (Subscribers get exclusive perks!) *

What will the IDFC Bank Ltd (539437) future stock price be?

The Idfc Bank Ltd (“539437” ) future stock price will be 146.196 INR . Will Idfc Bank Ltd stock price crash? According to our analysis, this will not happen.

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