IDFC First Bank shares surged after reporting a record quarterly profit of ₹1,075 crore, marking a 132.4% year-on-year increase. The bank's customer business rose 18.6%, while asset quality improved, leading to an upgrade to 'Buy' from analysts citing stronger fundamentals.
IDFC First Bank shares surged after reporting a record quarterly profit of ₹1,075 crore, marking a 132.4% year-on-year increase. The bank's customer business rose 18.6%, while asset quality improved, leading to an upgrade to 'Buy' from analysts citing stronger fundamentals.
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