IDFC FIRST BANK Share Price Up by 12%; BSE BANKEX Index Down 0.7%
Fri, 19 Feb 12:19 PM

IDFC FIRST BANK share price has zoomed 12% and is presently trading at Rs 65.

Meanwhile, the BSE BANKEX Index is at 41,204 (down 0.7%).

Among the top Gainers in the BSE BANKEX Index today is IDFC FIRST BANK (up 11.8%).

HDFC BANK (down 0.2%) and CITY UNION BANK (down 0.3%) are among the top losers today.

Over the last one year, IDFC FIRST BANK has moved up from Rs 39 to Rs 65, registering a gain of Rs 26 (up 67.2%).

On the other hand, the BSE BANKEX has moved up from 35,220 to 41,204, registering a gain of 5,984 points (up 16.1%) during the last 12 months.

The top buzzing stocks among the BSE BANKEX Index stocks during this same period were SBI (up 30.2%), HDFC BANK (up 27.5%) and ICICI BANK (up 16.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 51,433 (down 0.2%).

The top gainers among the BSE Sensex stocks today are RELIANCE IND. (up 1.6%), INDUSIND BANK (up 1.5%) and HUL (up 1.3%). Other gainers include NTPC (up 1.2%) and BAJAJ FINSERV (up 0.8%). The most traded stocks in the BSE Sensex are NTPC and INDUSIND BANK.

In the meantime, NSE Nifty is at 15,144 (down 0.2%). The top gainers in the NSE Nifty include UPL (up 4.1%), GAIL (up 3.2%) and BPCL (up 1.6%). Other gainers include INDUSIND BANK (up 1.6%) and RELIANCE IND. (up 1.5%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 41,056 to 51,433, registering a gain of 10,377 points (up 24.71%).

IDFC FIRST BANK Financial Update...

IDFC FIRST BANK net profit declined 107.9% YoY to Rs 1 billion for the quarter ended December 2020, compared to a loss of Rs 16 billion a year ago. Operating income declined 3.6% to Rs 39.5 billion during the period as against Rs 41.0 billion in October-December 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 78.9x.



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

  

Stock Market Updates

Feb 19, 2021 02:17 PM

TATA MOTORS DVR share price is trading down by 7% and its current market price is Rs 129. The BSE AUTO is down by 2.7%. The top gainers in the BSE AUTO Index is APOLLO TYRES (up 0.6%). The top losers are TATA MOTORS DVR (down 7.3%) and BHARAT FORGE (down 5.8%).

Feb 19, 2021 02:17 PM

MOTHERSON SUMI share price is trading down by 5% and its current market price is Rs 220. The BSE 500 is down by 1.4%. The top gainers in the BSE 500 Index are GIC OF INDIA (up 20.0%) and RAYMOND (up 5.6%). The top losers are MOTHERSON SUMI (down 5.1%) and APOLLO HOSPITALS (down 5.1%).

Feb 19, 2021 02:17 PM

SHIPPING CORP share price is trading down by 5% and its current market price is Rs 101. The BSE 500 is down by 1.4%. The top gainers in the BSE 500 Index are GIC OF INDIA (up 20.0%) and RAYMOND (up 5.6%). The top losers are SHIPPING CORP (down 5.3%) and APOLLO HOSPITALS (down 5.1%).

Feb 19, 2021 02:17 PM

POWER FINANCE CORPORATION share price is trading down by 5% and its current market price is Rs 132. The BSE 500 is down by 1.4%. The top gainers in the BSE 500 Index are GIC OF INDIA (up 20.0%) and RAYMOND (up 5.6%). The top losers are POWER FINANCE CORPORATION (down 5.1%) and APOLLO HOSPITALS (down 5.1%).

Feb 19, 2021 02:17 PM

BHARAT ELECTRONICS share price is trading down by 5% and its current market price is Rs 143. The BSE 500 is down by 1.4%. The top gainers in the BSE 500 Index are GIC OF INDIA (up 20.0%) and RAYMOND (up 5.6%). The top losers are BHARAT ELECTRONICS (down 5.2%) and APOLLO HOSPITALS (down 5.1%).

Feb 19, 2021 12:30 pm

Share markets in India are presently trading marginally lower. The BSE Sensex is trading down by 117 points, down 0.2% at 51,207 levels.

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