IDFC lost 1.34% to Rs 114 at 09:20 IST on BSE, with the stock declining on profit booking after recent upmove.
Meanwhile, the S&P BSE Sensex was up 20.56 points or 0.09% at 21,846.98
On BSE, so far 1.21 lakh shares were traded in the counter as against average daily volume of 9.05 lakh shares in the past one quarter.
The stock hit high of Rs 115.45 and low of Rs 113.60 so far during the day. The stock had hit a 52-week high of Rs 165.45 on 17 May 2013. The stock had hit a 52-week low of Rs 76.25 on 28 August 2013.
The large-cap infrastructure financing firm has an equity capital of Rs 1516.22 crore. Face value per share is Rs 10.
Shares of IDFC had gained 22.99% in seven trading days to Rs 115.55 on 11 March 2014 from a recent low of Rs 93.95 on 28 February 2014.
IDFC's consolidated net profit rose 10% to Rs 500.68 crore on 3.7% growth in total income to Rs 2122.84 crore in Q3 December 2013 over Q3 December 2012.
IDFC is an integrated infrastructure finance player providing end to end infrastructure financing and project implementation services. The company also offers asset management services through IDFC Mutual Fund.
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