Views on IDFC First Bank, Should I purchase

Ans: CENTRALBK buy around 24-25 levels & IDFC first Bank wait till 48 levels

Ans: IDFC first bank is a quality bank and has strong fundamentals and pedigree. i will put it in the buy on dips for logn term

Ans: Its long term prospects are very good, following is its data. Hold it for at least 5yrs.

Strong Annual EPS Growth
Good quarterly growth in the recent results
Increasing Revenue every Quarter for the past 8 Quarters
Growth in Net Profit with increasing Profit Margin (QoQ)
Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
Increasing Revenue every Quarter for the past 4 Quarters
Increasing profits every quarter for the past 4 quarters

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ans: With strong support from the retail segment, both deposits and advances are witnessing stellar growth. We expect both to deliver 24% growth over FY2325E. The cost-to-income ratio, which was a major overhang for the bank, is showing consistent improvement. It is expected to improve further as the business scales up. Additionally, the substitution of legacy high-cost borrowings with low-cost deposits will support the margin. Both of these factors will be beneficial to the bank.

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ans: good to hold for long term atleast 5yrs plus

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.