IDFC First Bank shares climbed 3.47 per cent to hit a high of Rs 85.06 on BSE. With this, the stock is up 8 per cent return during the period. IDFC First Bank is scheduled to report its quarterly results on April 27.
Jefferies has initiated coverage on private sector lender IDFC First Bank with a buy call and a target price of ₹100, indicating a potential upside of over 15 percent from today s (April 10) closing price of ₹84.71.
Cloverdell Investment, an affiliate of Warburg Pincus, offloaded 15.9 crore shares at Rs 75.24/, according to bulk deals data on the BSE. On Thursday, the stock ended 3% lower on the BSE at Rs 75.39.