In this article, you will find the details of IDFC First Bank Share Price History. Additionally, we will provide important fundamental details about IDFC First Bank Shares.
IDFC First Bank Share Price History
| Year | IDFC First Bank | YOY Change% |
|---|---|---|
| 2015 | ₹60.95 | – |
| 2016 | ₹60.05 | -1.5% |
| 2017 | ₹54.25 | -9.7% |
| 2018 | ₹43.40 | -20.1% |
| 2019 | ₹45.15 | 4% |
| 2020 | ₹37.05 | -18% |
| 2021 | ₹48.35 | 30.4% |
| 2022 | ₹58.80 | 21.6% |
| 2023 | ₹82.75 | 40.7% |
IDFC First Bank, in its journey from 2015 to 2023, has experienced various ups and downs. In 2015, the bank’s stock price was ₹60.95, and it faced minor fluctuations in the following years. However, 2018 saw a significant drop in the stock price, declining by 20.1%.
The bank began to recover in 2021, with a 30.4% increase in its stock price, and this positive trend continued in 2022 and 2023. Notably, in 2023, the bank’s stock price reached ₹82.75, showing a substantial 40.7% year-on-year growth. This indicates a promising trajectory for IDFC First Bank and suggests increased investor confidence.
The bank’s journey reflects the dynamic nature of the banking industry and its resilience in the face of challenges. Despite facing setbacks, IDFC First Bank has regained stability and growth, which bodes well for its prospects. Investors and stakeholders closely watch its performance as it resumes to develop and adapt to the changing economic landscape.
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About IDFC First Bank
IDFC First Bank is a prominent financial institution with notable developments in recent years. Established in 2015, the bank’s stock price has fluctuated over time. It faced minor declines in the initial years but experienced a substantial drop of 20.1% in 2018.
However, a positive turnaround began in 2021, with a remarkable 30.4% increase in its stock price. This upward trend continued into 2022 and 2023, with the bank’s stock price reaching ₹82.75, demonstrating an impressive 40.7% year-on-year growth. This growth reflects renewed investor confidence in the bank’s prospects.
The journey of IDFC First Bank exemplifies the dynamism of the banking industry and its capacity to recover from challenges. Despite setbacks, the bank has displayed resilience and regained stability and growth.
These positive developments are of keen interest to investors and stakeholders, as they anticipate the bank’s continued evolution and adaptation to the ever-changing financial landscape.
Fundamentals of IDFC First Bank
Here are some primary fundamental data about IDFC First Bank (until 2023):
Market Capitalization (Market Cap): The entire market value of the company’s outstanding shares is ₹58,555 Crores.
Stock Price to Earnings (P/E) Ratio: The stock’s current P/E ratio is 20.1, indicating the price investors are willing to pay for each rupee of earnings.
Book Value: Each share has a book value of ₹39.1, representing the net asset value per share.
Dividend Yield: The company is not currently offering dividends to its shareholders, resulting in a dividend yield of 0.00%.
Return on Capital Employed (ROCE): This value reflects the company’s efficiency in using its capital to generate profits. The value of ROCE is 6.59%.
Return on Equity (ROE): The ROE stands at 10.6%, indicating the company’s profitability concerning shareholders’ equity.
Face Value: The nominal value of each share is ₹10.0, which is the base value as per the company’s records.
Earnings per Share (EPS): The EPS is ₹4.44, the portion of the company’s profit allocated to each outstanding share.
Debt: The company bears a significant debt load of ₹2,01,682 Crores, representing its financial obligations.
Promoter Holding: The promoters hold a 37.5% stake in the company, signifying their ownership interest.
Price to Book Value: The stock trades at 2.12 times its book value, providing insight into its relative valuation.
Debt to Equity Ratio: The company’s debt to equity ratio is 7.80, reflecting the proportion of debt used to finance its operations and growth.
(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)
Questions and Answers about IDFC First Bank
What was the IDFC First Bank share price in 2015?
IDFC First Bank share price in 2015 was ₹60.95.
What was the IDFC First Bank share price in 2020?
IDFC First Bank share price in 2020 was ₹37.05.
What is the IDFC First Bank share price in 2023?
IDFC First Bank share price in 2023 was ₹82.75.
What is IDFC First Bank?
IDFC First Bank is a prominent financial institution in India. It operates as a universal bank and provides various banking and financial services, including savings and current accounts, fixed deposits, loans, credit cards, and more. The bank aims to cater to the financial needs of both individuals and businesses.
How did IDFC First Bank perform in recent years?
In recent years, IDFC First Bank has shown steady growth in its financial performance. The bank’s revenues have increased, and it has expanded its customer base. Additionally, it has tried to improve its digital banking services and customer experience.