IDFCFIRSTB - Swing Trade Analysis with AI Signals
Back to ListSwing Trade Rating: 3.8
| Stock Code | IDFCFIRSTB | Market Cap | 73,201 Cr. | Current Price | 85.1 ₹ | High / Low | 87.0 ₹ |
| Stock P/E | 45.1 | Book Value | 54.4 ₹ | Dividend Yield | 0.29 % | ROCE | 6.23 % |
| ROE | 4.32 % | Face Value | 10.0 ₹ | DMA 50 | 82.5 ₹ | DMA 200 | 76.2 ₹ |
| Chg in FII Hold | 12.1 % | Chg in DII Hold | -1.95 % | PAT Qtr | 503 Cr. | PAT Prev Qtr | 352 Cr. |
| RSI | 56.7 | MACD | 0.06 | Volume | 2,78,12,500 | Avg Vol 1Wk | 3,49,90,773 |
| Low price | 52.5 ₹ | High price | 87.0 ₹ | PEG Ratio | 0.39 | Debt to equity | 7.03 |
| 52w Index | 94.6 % | Qtr Profit Var | 48.0 % | EPS | 2.11 ₹ | Industry PE | 15.8 |
📊 IDFC First Bank shows moderate potential for swing trading. The stock is trading at ₹85.1, very close to its 52-week high of ₹87, which limits immediate upside. Technical indicators (RSI 56.7, MACD slightly positive) suggest neutral-to-bullish momentum. Strong FII inflows are encouraging, but high debt levels and weak ROE/ROCE reduce attractiveness.
💡 Optimal Entry Price: Around ₹82–83 (near 50 DMA support).
📈 Exit Strategy: If already holding, consider exiting near ₹86–87 resistance levels, or maintain a stop-loss around ₹80.
✅ Positive
- Trading above both 50 DMA (₹82.5) and 200 DMA (₹76.2), confirming bullish trend.
- Quarterly PAT improved significantly from ₹352 Cr. to ₹503 Cr. (+48%).
- Strong FII inflows (+12.1%) indicate growing institutional confidence.
- PEG ratio of 0.39 suggests reasonable valuation relative to growth.
⚠️ Limitation
- High P/E of 45.1 compared to industry average of 15.8, indicating overvaluation.
- ROE (4.32%) and ROCE (6.23%) are weak, reflecting poor efficiency.
- Debt-to-equity ratio of 7.03 is very high, raising financial risk.
- Dividend yield of 0.29% is negligible, offering little income support.
📉 Company Negative News
- High leverage could restrict flexibility in adverse market conditions.
- Weak profitability ratios may limit long-term investor confidence.
- DII holdings decreased (-1.95%), showing reduced domestic institutional interest.
📈 Company Positive News
- Strong quarterly profit growth (+48%) boosts near-term sentiment.
- FII inflows (+12.1%) reflect foreign investor optimism.
- Stock trading near 52-week high shows strong momentum.
🏦 Industry
- Industry P/E at 15.8 is much lower than IDFC First Bank’s 45.1, suggesting overvaluation.
- Banking sector supported by credit growth and government reforms, but competition remains intense.
🔎 Conclusion
IDFC First Bank earns a swing trade rating of 3.8. Entry near ₹82–83 offers a safer risk-reward setup, while profit booking should be considered near ₹86–87. Traders should remain cautious due to high debt and weak efficiency ratios, but short-term momentum and strong FII inflows support limited bullish opportunities.