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.