IDFC First Bank stock has a good growth potential in the long term and the growth for 2030 is going to be Rs 205. Here we will analyze in detail about IDFC First Bank share price target 2024, 2025, 2026, 2028, 2030, 2040 and 2050. So that you can get good returns in the long term.
IDFC First Bank is a universal bank that provides a range of financial solutions to individuals, small businesses and others including corporate banking, trade finance, loans, credit cards, investments, insurance. When it was established in 1997, its name was IDFC Limited. On 18 December 2018, IDFC First Bank was formed by the merger of IDFC Limited and Capital First. By March 2023, more than 9.30 million people are taking advantage of IDFC First Bank and this bank is providing its services in 70000 villages of India.
IDFC First Bank listing Date
IDFC First Bank listed its new shares on both NSE and BSE on 6 November 2015. At the time of listing its share price was around Rs 70.40.
IDFC First Bank Share Price History
Looking at the share history of IDFC First Bank, it shows that on November 2, 2015, the price of one share of the company was around Rs 70. In the last one year, the price of the company has seen an increase of about 25.95%. If we talk about the last 6 months, the price of one share has increased from Rs 83 to Rs 81 today on May 3, 2024. During this period, there has been a decrease of 2 rupee in its price which is 2.4%. And there has been a decrease of 2.06% in the last 3 months.
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IDFC First Bank share price target video
Disclaimer – Please note that we are not SEBI-registered advisors. Our post is for educational purposes only. Therefore, before investing in any share, take advice from a SEBI certified expert. If you invest, you yourself will be responsible for your profit and loss, not us.
Q1: What is the target price of IDFC First Bank in 2024?
Ans: If Wall Street analysts are to be believed, the target price of IDFC First Bank for 2024 is likely to be Rs98.
Q2: What is the target price of IDFC First Bank in 2025?
Ans: If Wall Street analysts are to be believed, the target price of IDFC First Bank for 2025 is likely to be Rs104.
Q2: What is the target price of IDFC First Bank in 2030?
Ans: If we look at the growth trend of IDFC First Bank, its share will see slight growth till 2030. Target price for 2030 can touch Rs205.
