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IDFC First Bank Ltd spurts 2.06%, up for third straight session

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Capital Market

IDFC First Bank Ltd is quoting at Rs 54.45, up 2.06% on the day as on 12:49 IST on the NSE. The stock is up 147.5% in last one year as compared to a 55.32% gain in NIFTY and a 58.48% gain in the Nifty Bank index.

IDFC First Bank Ltd rose for a third straight session today. The stock is quoting at Rs 54.45, up 2.06% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 14838.1. The Sensex is at 49675.92, up 1.5%. IDFC First Bank Ltd has dropped around 6.52% in last one month.

 

Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has dropped around 1.33% in last one month and is currently quoting at 32735.35, up 2.1% on the day. The volume in the stock stood at 169.67 lakh shares today, compared to the daily average of 515.08 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 54.6, up 2.25% on the day. IDFC First Bank Ltd is up 147.5% in last one year as compared to a 55.32% gain in NIFTY and a 58.48% gain in the Nifty Bank index.

The PE of the stock is 83.36 based on TTM earnings ending December 20.

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First Published: Apr 28 2021 | 1:05 PM IST

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