IDFC FIRST BANK Share Price Up by 6%; BSE BANKEX Index Down 0.9%
Fri, 15 Jan 11:03 AM

IDFC FIRST BANK share price has zoomed 6% and is presently trading at Rs 49.

Meanwhile, the BSE BANKEX Index is at 36,940 (down 0.9%).

Among the top Gainers in the BSE BANKEX Index today is IDFC FIRST BANK (up 6.1%).

AXIS BANK (down 0.2%) and FEDERAL BANK (down 0.3%) are among the top losers today.

Over the last one year, IDFC FIRST BANK has moved up from Rs 44 to Rs 49, registering a gain of Rs 5 (up 10.7%).

On the other hand, the BSE BANKEX has moved up from 36,681 to 36,940, registering a gain of 259 points (up -0.3%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were HDFC BANK (up 12.6%), KOTAK MAHINDRA BANK (up 10.5%) and ICICI BANK (up 1.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 49,657 (down 0.6%).

The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 3.7%), BAJAJ FINANCE (up 0.7%) and TATA STEEL (up 0.7%). Other gainers include BAJAJ FINSERV (up 0.3%) and RELIANCE IND. (up 0.3%). The most traded stocks in the BSE Sensex are BHARTI AIRTEL and SBI.

In the meantime, NSE Nifty is at 14,617 (down 0.6%). The top gainers in the NSE Nifty include BHARTI AIRTEL (up 3.6%), UPL (up 1.9%) and HDFC LIFE INSURANCE (up 1.1%). Other gainers include GAIL (up 1.1%) and TATA STEEL (up 0.8%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,860 to 49,657, registering a gain of 7,797 points (up 17.76%).

IDFC FIRST BANK Financial Update...

IDFC FIRST BANK net profit declined 105.7% YoY to Rs 935 million for the quarter ended June 2020, compared to a loss of Rs 16 billion a year ago. Operating income declined 6.6% to Rs 38.3 billion during the period as against Rs 41.0 billion in April-June 2019.

For the year ended March 2020, IDFC FIRST BANK reported 51.2% increase in net profit to Rs 28.4 billion compared to net profit of Rs 18.8 billion during FY19.

Revenue of the company grew 33.1% to Rs 162 billion during FY20.

The current Price to earnings ratio of IDFC FIRST BANK, based on rolling 12 month earnings, stands at down 11.0x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Jan 15, 2021 02:43 PM

INDIAN ENERGY EXCHANGE share price has hit a 52-week high. It is presently trading at Rs 235. BSE 500 Index is down by 1.1% at 19,238. Within the BSE 500, INDIAN ENERGY EXCHANGE (up 1.8%) and TATA METALIK (up 17.2%) are among the top gainers, while top losers are L&T TECHONOLOGY and DISHMAN CARBOGEN AMCIS.

Jan 15, 2021 02:27 PM

SCHNEIDER ELECTRIC INFRA share price is trading down by 5% and its current market price is Rs 100. The BSE CAPITAL GOODS is down by 2.1%. The top gainers in the BSE CAPITAL GOODS Index is CARBORUNDUM UNIVERSAL (up 1.0%). The top losers is SCHNEIDER ELECTRIC INFRA (down 5.2%).

Jan 15, 2021 02:27 PM

CANARA BANK share price is trading down by 5% and its current market price is Rs 145. The BSE BANKEX is down by 1.4%. The top losers is CANARA BANK (down 5.3%).

Jan 15, 2021 02:25 PM

SHOPPERS STOP share price is trading down by 7% and its current market price is Rs 218. The BSE 500 is down by 1.5%. The top gainers in the BSE 500 Index are VODAFONE IDEA (up 5.6%) and NIPPON LIFE INDIA AMC (up 5.3%). The top losers are SHOPPERS STOP (down 6.8%) and L&T TECHONOLOGY (down 6.0%).

Jan 15, 2021 02:25 PM

EMAMI share price is trading down by 5% and its current market price is Rs 494. The BSE FMCG is down by 1.2%. The top gainers in the BSE FMCG Index are GSK CONSUMER (up 5.1%) and GODREJ AGROVET (up 1.2%). The top losers is EMAMI (down 5.1%).

Jan 15, 2021 12:30 pm

Share markets in India are presently trading on a negative note. The BSE Sensex is trading down by 296 points, down 0.6% at 49,287 levels.

View More Indian Share Market News

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