Stock market news: IDFC First Bank shares climb 3.01%

NEW DELHI: Shares of traded 3.01 per cent up in Thursday's trade at 01:27PM (IST). Around 50461126 shares changed hands on the counter. The stock opened at Rs 56.8 and touched an intraday high and low of Rs 58.9 and Rs 55.9, respectively, in the session so far.

The stock quoted a 52-week high of Rs 58.75 and a 52-week low of Rs 17.65.

Financials
First Bank Ltd., incorporated in the year 2014, is a banking company (having a market cap of Rs 33013.42 Crore).

IDFC First Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest and Interest On Balances with RBI and Other Inter-Bank Funds for the year ending 31-Mar-2020.

Promoter holding
Promoters held 40.0 per cent stake in the company as of quarter ended 31st Dec 2020.

Valuation ratio
It quoted a price-to-earnings ratio of 77.65 and price to book value of 0.66.