Archive · 27 Jul 2026
IDFC First Bank Shares Surge on Strong Q1 Results
IDFC First Bank's share price went up by almost 10% on Monday because the bank did really well in the first three months of the year.
They made a lot more money compared to last year, and they also had fewer bad loans.
The bank's boss said they are doing a good job and things are getting better.
A company that gives advice about stocks said people should buy the bank's shares because they think the price will go up even more.
Several other companies that give advice also said the same thing and raised their predictions for how high the price could go.
The bank said they expect to keep growing and doing well in the future.
IDFC First Bank's share price jumped 9.48% on BSE after strong Q1 results.
Net profit more than doubled year-on-year to ₹1,075 crore.
Net interest income rose 21% YoY to ₹5,972 crore.
Gross non-performing assets declined to 1.51% in Q1 FY27.
Brokerage firms like Motilal Oswal, CLSA, ICICI Securities, Nuvama Institutional Equities, and Axis Capital upgraded their ratings and raised target prices.
- Who
- IDFC First Bank
- What
- Reported strong Q1 results for FY27
- When
- 25 July 2026
- Where
- BSE (Bombay Stock Exchange)
- Why
- Due to robust growth in core income and lower provisioning
Buy
Sell
Investment Recommendation
Buy
Brokerage firms like Motilal Oswal, CLSA, ICICI Securities, Nuvama Institutional Equities, and Axis Capital have upgraded their ratings and raised target prices, seeing significant upside potential.
Sell
Among 27 analysts covering the bank, four have a sell rating, indicating some caution.
- Share Price Increase
- 9.48%
- Net Profit (Q1 FY27)
- ₹1,075 crore
- Net Interest Income (Q1 FY27)
- ₹5,972 crore
- Net Interest Margin (Q1 FY27)
- 5.96%
- Gross Non-Performing Assets (Q1 FY27)
- 1.51%
- Net Non-Performing Assets (Q1 FY27)
- 0.44%
- Brokerage Rating
- Buy
- Target Price
- ₹90 (Motilal Oswal), ₹115 (Investec), ₹95 (Nomura, CLSA), ₹100 (ICICI Securities), ₹85 (Axis Capital), ₹96 (Jefferies), ₹100 (HSBC), ₹90 (JPMorgan)
- Loan Growth Guidance (FY27)
- 20%
- Return on Assets Guidance (FY27)
- 1%
- Net Interest Margin Guidance (FY27)
- 5.80%
- Credit Cost Guidance (FY27)
- 1.5-1.6%
Sources
IDFC First Bank Hits 52-Week High, Shares Rally Nearly 10% As Brokerages Lift Targets
IDFC First Bank share price jumps 9% on strong Q1 results 2026. Should you buy or sell?
IDFC First Bank rallies 10% on strong Q1; Bank of Baroda muted after Rs 5,700 cr one-off settlement
CLSA, Jefferies, HSBC, JPMorgan targets - BusinessToday
