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IDFC First Bank Ltd is up for a third straight session today. The stock is quoting at Rs 84.3, up 2.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.13% on the day, quoting at 26012.4. The Sensex is at 85193.94, down 0.09%. IDFC First Bank Ltd has gained around 4.06% in last one month.
Meanwhile, Nifty Bank index of which IDFC First Bank Ltd is a constituent, has gained around 0.8% in last one month and is currently quoting at 59389.95, up 0.08% on the day. The volume in the stock stood at 261.89 lakh shares today, compared to the daily average of 219.61 lakh shares in last one month.
The benchmark December futures contract for the stock is quoting at Rs 84.31, up 2.12% on the day. IDFC First Bank Ltd is up 31.02% in last one year as compared to a 5.45% jump in NIFTY and a 10.93% jump in the Nifty Bank index.
The PE of the stock is 48.43 based on TTM earnings ending September 25.
The Board of IDFC First Bank at its meeting held on 08 October 2025 has approved the allotment of 81,26,94,722 equity shares of face value Rs 10/- each pursuant to the conversion of an equivalent number of compulsorily convertible cumulative preference shares (CCPS) held by Currant Sea Investments B.V. (affiliate company of global growth investor Warburg Pincus LLC).
After the aforesaid allotment, the paid-up equity share capital of the Bank stands increased to Rs 81,51,95,66,830 divided into 8,15,19,56,683 equity shares of Rs 10/- each.