IDFC first bank share price target 2024, 2025, 2028, 2030 A lot of retail investors are fully expecting this bank stock to show good performance in the long run. Also, many people believe that these stocks turn out to be the biggest company in the banking sector.
Therefore, today we will try to know the complete details of IDFC first bank by analyzing the details so that we can know in which direction the performance of this bank is going to be seen in future.
IDFC first bank share price Target 2024
IDFC first bank is now slowly focusing on more and more retail loans except corporate loans. Because the possibility of NPA in retail loan is very less, where banks give small amount of loan to many customers. If one or two customers are unable to repay the loan, then the bank does not see the risk of increasing NPAs that much. Due to which you will see the amount of NPA decreasing in IDFC first bank in the coming days.
Before the merger of IDFC bank with Capital First, the bank which had given corporate loans to many sinking companies, now due to the government’s relief package, the possibility of money coming from those companies is visible. Due to which due to the improvement of NPA of this bank in the coming days, there is a good jump in the share price as well.
Talking about the short time period, IDFC first bank share price target is expected to show you the first target of 85 rupees by 2024. As soon as this target becomes interest, you try to hold the second target for Rs.92.
IDFC first bank share price target 2025
IDFC first bank is continuously expanding its branches in rural areas to increase its business in the retail sector. Along with this, all the facilities related to banking are trying to rapidly expand their ATM network to provide the best to the customer.
Due to which retail customers are being added rapidly to the bank and due to this the CASA Ratio is also seen increasing at a fast pace. Due to increasing CASA Ratio, banks will be seen giving loans to retail investors faster in the coming days. Due to which the bank will get a good amount of interest and good growth in profit is going to be seen.
The way IDFC first bank is adding more and more customers, you can see a good growth bank emerging in the retail sector in the coming years. Talking about the share price of this bank in 2025, the first target you can see is Rs 120. After that you see the second target for Rs 127.
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IDFC first bank share price target 2028
Many years of experience is visible with the management of the bank, due to which the roots of IDFC first bank are visible the most. Along with this, the way the management of the bank seems to be focusing on digital in its banking service keeping in mind the future, it is seen giving most of the facilities related to banking service online to the customer.
The bank is trying its best to provide the best service to the customer by using the latest technology in digital to improve their banking service. The benefit of which is gradually going to be seen by you IDFC first bank.
In the coming years, if it is possible to keep updated in the digital service, then IDFC first bank share price target by 2025 will show you the first target of Rs 177. Then the second target stops to be of interest of Rs 185.
IDFC first bank share price target 2030
India’s banking sector is very small compared to other developed countries. The development journey of this sector has just started. As India’s economy continues to grow, IDFC first bank of the banking sector seems to be taking advantage of this growth continuously.
Because the bank seems to be constantly taking advantage of every opportunity. For which IDFC first bank is increasingly seen launching new credit cards for each of its customers in view of the increasing demand of the credit card business. The benefit of which is definitely going to be seen by IDFC first bank in the long run.
Just as IDFC first bank is strengthening its banking service, if it is able to increase it in the long run, then in 2030 the share price target of this bank is likely to trade around Rs 460.
IDFC first bank share price target 2024, 2025, 2028, 2030
| Year | IDFC first bank share price target |
| 2022 (Target 1) | Rs 85 |
| Target 2 | Rs 92 |
| 2023 (Target 1) | Rs 120 |
| Target 2 | Rs 127 |
| 2025 (Target 1) | Rs 177 |
| Target 2 | Rs 185 |
| 2030 Target | Rs 460 |
IDFC first bank share with future view
IDFC first bank is a strong led bank in the baking sector. Whenever there is any problem in this bank such as increase in NPA is seen, the management is seen controlling it by taking good decisions at the right time. Due to strong management, IDFC first bank can be seen showing you good growth in the coming time.
At the same time, we are continuously improving our banking service with a view to the future, due to which you can see good financial growth in IDFC first bank in the coming years.
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Risk in IDFC first bank share
In all the banking sector, the biggest risk is seen in NPAs. In IDFC first bank too, due to corporate loans, there is a slight increase in NPA. But the way the management seems to be focusing on retail loans, it can be seen to see some improvement in NPAs in the long run.
My Opinion
The way the management of IDFC first bank seems to be trying to grow its business, IDFC first bank share is expected to earn you good returns in the long run. If you are planning to invest in this banking stock, then you should take a long term view. But before investing at any price, do your analysis once.
I hope that after reading IDFC first bank share price target 2022, 2023, 2025, 2030 post, you must have got an idea of how it is going to show in future. If you still have any question in your mind, then do tell in the comment. You must stay with us to stay updated with the detailed information of such stocks of the stock market.
