Premium Subscribers: Complete your KYC to Avoid
Service Suspension. Login Here.

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

IDFC FIRST BANK Gains 7%; BSE BANKEX Index Up 0.5%
Mon, 20 Oct 15:26

IDFC FIRST BANK Gains 7%; BSE BANKEX Index Up 0.5%Image source: hudiemm/www.istockphoto.com

IDFC FIRST BANK share price has zoomed 7% and is presently trading at Rs 77.0.

Meanwhile, the BSE BANKEX index is at 65,385.1 (up 0.5%).

Among the top gainers in the BSE BANKEX index today are AU SMALL FINANCE BANK (up 9.0%) and Federal Bank (up 6.9%).

ICICI Bank (down 3.2%) is among the top losers today.

Over the last one year, IDFC FIRST BANK has moved up from Rs 72.2 to Rs 77.0, registering a gain of Rs 4.7 (up 6.5%).

On the other hand, the BSE BANKEX index has moved up from 58,773.7 to 65,385.1, registering a gain of 11.2% during the last 12 months.

The top gainers among the BSE BANKEX index stocks during this same period were AU SMALL FINANCE BANK (up 24.1%), Kotak Bank (up 18.1%) and HDFC Bank (up 18.1%).

Must See: Should You Sell? Hold? Or Buy the Dip?

What About the Benchmark Indices?

The BSE Sensex is at 84,365.7 (up 0.5%).

The top gainers among the BSE Sensex today are Reliance Ind. (up 3.6%) and Bajaj Finserv (up 2.7%). The most traded stocks in the BSE Sensex are Reliance Ind. and Eternal Ltd.

In the meantime, NSE Nifty is at 25,841.5 (up 0.5%). Cipla and Reliance Ind. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 81,501.4 to 84,365.7, registering a gain of 2,864.3 points (up 3.5%).

IDFC FIRST BANK Financial Update...

IDFC FIRST BANK net profit grew 64.1% YoY to Rs 3,478 million for the quarter ended September 2025, compared to a profit of Rs 2,119 million a year ago. Net sales rose 10.9% to Rs 99,369 million during the period as against Rs 89,570 million in July-September 2024.

For the year ended March 2025, IDFC FIRST BANK reported 49.3% decrease in net profit to Rs 14,904 million compared to net profit of Rs 29,424 million during FY24. Revenue of the company grew 20.4% to Rs 365,016 million during FY25.

The current Price to earnings ratio of IDFC FIRST BANK, based on rolling 12 month earnings, stands at 43.7.


Equitymaster requests your view! Post a comment on "IDFC FIRST BANK Gains 7%; BSE BANKEX Index Up 0.5%". Click here!