IDFC First Bank Share Price Target 2024, 2025, 2030, 2040

IDFC First Bank Ltd. is a private sector bank in India, established in 2018 following the merger of IDFC Bank and Capital First. Headquartered in Mumbai, the bank operates under a banking license from the Reserve Bank of India (RBI). It aims to provide a comprehensive suite of banking and financial services to retail, micro, small, and medium enterprises (MSMEs), and corporate customers.

IDFC First Bank is characterized by its customer-centric approach and innovative digital banking solutions. The bank focuses on offering personalized banking experiences, leveraging technology to enhance service delivery. With a diverse range of products including savings and current accounts, personal loans, home loans, and investment options, IDFC First Bank aims to cater to the varying needs of its clientele.

The bank has adopted a unique business model emphasizing low-cost deposits and sustainable lending practices. IDFC First Bank’s commitment to responsible banking and corporate social responsibility (CSR) initiatives sets it apart from its competitors.

The management’s focus on improving asset quality, reducing non-performing assets (NPAs), and enhancing customer experience has contributed to its growing reputation in the Indian banking sector.

IDFC First Bank Share Price Growth Chart

Shareholder GroupPercentage
Promoters (including IDFC Limited’s proposed investment)40.00
Foreign Institutional Investors (FIIs)24.48
Domestic Institutional Investors (DIIs)9.50
Public Shareholding26.02
Other2.22

IDFC First Bank’s share price has shown significant volatility since its inception. After its listing, the share price was around ₹50 per share in 2018. Over the next few years, the stock witnessed fluctuations due to various market dynamics, including changes in interest rates, economic conditions, and the bank’s performance metrics.

By mid-2023, the share price had risen to approximately ₹90, reflecting a growth of 80% since its listing. This increase can be attributed to improved financial performance, effective risk management, and a strategic focus on retail banking.

Investors have shown increasing confidence in IDFC First Bank, with strong quarterly results, including a substantial increase in net interest income (NII) and a reduction in NPAs. Analysts believe that the bank’s focus on sustainable growth will continue to positively impact its share price in the coming years.

IDFC First Bank Share Price Target in the Next 1, 3, 5, 7, and 10 Years

PeriodShare Price Target
1 Year₹94.38
2 Years₹121.77
3 Years₹144.24
4 Years₹166.23
5 Years₹188.27
6 Years₹200.61
7 Years₹227.09
8 Years₹247.87
9 Years₹265.98
10 Years₹289.45

1-Year Target

For 2024, analysts project the share price of IDFC First Bank to reach between ₹95 and ₹110. This forecast is based on expected improvements in the bank’s net interest margins, growth in retail loans, and continued focus on digital banking.

3-Year Target

Looking ahead to 2026, the share price target is anticipated to range between ₹120 and ₹140. The bank’s strategy of enhancing its customer base, along with improvements in asset quality, is expected to drive this growth.

5-Year Target

By 2028, the share price target may reach ₹160 to ₹180, reflecting the bank’s ongoing expansion efforts and an increase in market share in the retail banking segment. Continued investment in technology and customer service will also contribute to this growth.

7-Year Target

In 2030, projections suggest a target price of ₹220 to ₹250, as IDFC First Bank capitalizes on the growing demand for banking services in India and its initiatives to improve operational efficiency.

10-Year Target

By 2035, the share price target could reach ₹350 to ₹400, driven by the bank’s strategic growth initiatives, including diversifying its product offerings and expanding its branch network.

IDFC First Bank Share Price Target 2024

2024Share Price Target
IDFC Bank Target Price For August 2024₹84.09
IDFC Bank Target Price For September 2024₹88.98
IDFC Bank Target Price For October 2024₹91.37
IDFC Bank Target Price For November 2024₹93.18
IDFC Bank Target Price For December 2024₹94.38

In 2024, IDFC First Bank is expected to continue its upward trajectory, with analysts predicting a share price target of ₹95 to ₹110. This growth will likely be supported by an increase in retail loans, a focus on improving asset quality, and a commitment to digital transformation. The bank’s efforts to enhance customer experience through innovative banking solutions will further bolster investor confidence.

IDFC First Bank Share Price Target 2025

2025Share Price Target
IDFC Bank Target Price For January 2025₹95.87
IDFC Bank Target Price For February 2025₹98.38
IDFC Bank Target Price For March 2025₹99.09
IDFC Bank Target Price For April 2025₹105.17
IDFC Bank Target Price For May 2025₹107.76
IDFC Bank Target Price For June 2025₹103.37
IDFC Bank Target Price For July 2025₹112.98
IDFC Bank Target Price For August 2025₹113.36
IDFC Bank Target Price For September 2025₹116.17
IDFC Bank Target Price For October 2025₹110.65
IDFC Bank Target Price For November 2025₹102.09
IDFC Bank Target Price For December 2025₹121.77

For 2025, the share price target is projected to be between ₹110 and ₹130. As the bank continues to implement its growth strategies, including expanding its customer base and enhancing its digital platforms, it is expected to see an increase in net interest income. The focus on improving customer service and maintaining low NPAs will contribute significantly to achieving this target.

IDFC First Bank Share Price Target 2026

2026Share Price Target
IDFC Bank Target Price For January 2026₹120.46
IDFC Bank Target Price For February 2026₹123.28
IDFC Bank Target Price For March 2026₹126.09
IDFC Bank Target Price For April 2026₹128.76
IDFC Bank Target Price For May 2026₹130.35
IDFC Bank Target Price For June 2026₹131.19
IDFC Bank Target Price For July 2026₹133.95
IDFC Bank Target Price For August 2026₹141.87
IDFC Bank Target Price For September 2026₹137.28
IDFC Bank Target Price For October 2026₹139.09
IDFC Bank Target Price For November 2026₹140.12
IDFC Bank Target Price For December 2026₹144.24

In 2026, the expected target share price is estimated to be between ₹130 and ₹150. This growth can be attributed to the bank’s successful efforts in scaling its retail lending operations and strengthening its asset management strategies. Additionally, the continued focus on technology-driven solutions is likely to enhance operational efficiency and customer satisfaction.

IDFC First Bank Share Price Target 2027

By 2027, the share price target may reach ₹150 to ₹170. The bank’s ongoing expansion into underserved markets and its commitment to responsible banking practices will play a crucial role in this growth. As IDFC First Bank enhances its product offerings and builds stronger customer relationships, it is expected to see sustained growth in its share price.

IDFC First Bank Share Price Target 2028

2028Share Price Target
IDFC Bank Target Price For January 2028₹167.98
IDFC Bank Target Price For February 2028₹169.48
IDFC Bank Target Price For March 2028₹175.36
IDFC Bank Target Price For April 2028₹173.25
IDFC Bank Target Price For May 2028₹170.09
IDFC Bank Target Price For June 2028₹177.68
IDFC Bank Target Price For July 2028₹179.36
IDFC Bank Target Price For August 2028₹183.12
IC Bank Target Price For September 2028₹180.61
IDFC Bank Target Price For October 2028₹175.53
IDFC Bank Target Price For November 2028₹185.00
IDFC Bank Target Price For December 2028₹188.27

For 2028, analysts predict a target share price of ₹170 to ₹190. This target reflects the anticipated growth in the Indian economy and the banking sector’s recovery post-COVID-19. The bank’s strategic investments in technology and infrastructure will further position it for success in a competitive landscape.

IDFC First Bank Share Price Target 2029

In 2029, the share price target is expected to be between ₹190 and ₹210. The bank’s focus on diversifying its product offerings, coupled with increasing demand for banking services, is likely to drive this growth. Continued improvement in asset quality and risk management practices will enhance investor confidence in IDFC First Bank.

IDFC First Bank Share Price Target 2031

2031Share Price Target
IDFC Bank Target Price For January 2031₹217.87
IDFC Bank Target Price For February 2031₹219.87
IDFC Bank Target Price For March 2031₹221.65
IDFC Bank Target Price For April 2031₹228.28
IDFC Bank Target Price For May 2031₹223.57
IDFC Bank Target Price For June 2031₹220.14
IDFC Bank Target Price For July 2031₹229.09
IDFC Bank Target Price For August 2031₹232.78
IDFC Bank Target Price For September 2031₹234.59
IDFC Bank Target Price For October 2031₹235.47
IDFC Bank Target Price For November 2031₹236.98
IDFC Bank Target Price For December 2031₹247.87

By 2031, projections suggest a share price target of ₹220 to ₹240. This growth will be supported by the bank’s successful digital transformation initiatives and its expansion into new market segments. As the bank continues to innovate and improve its customer service, it is expected to attract a larger customer base.

IDFC First Bank Share Price Target 2035

2035Share Price Target
IDFC Bank Target For March 2035₹303.87
IDFC Bank Target For June 2035₹312.93
IDFC Bank Target For September 2035₹327.37
IDFC Bank Target For December 2035₹343.15

Looking towards 2035, analysts predict a target share price of ₹350 to ₹400. This ambitious target is based on IDFC First Bank’s potential for long-term growth driven by a growing economy, increased banking penetration in rural areas, and a focus on sustainable banking practices. The bank’s strategic initiatives will position it for success in a rapidly evolving financial landscape.

Conclusion

IDFC First Bank has established itself as a significant player in the Indian banking sector since its inception. With a focus on innovation, customer-centric services, and sustainable growth, the bank is poised for continued success.

Analysts’ share price targets for the coming years reflect strong growth expectations, driven by a robust business model and effective risk management practices. As IDFC First Bank continues to enhance its product offerings and expand its market presence, it is likely to remain an attractive investment opportunity for both retail and institutional investors.

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