IDFC First Bank Shares Extend Rally After Record Q1FY27 Profit, Analysts Upgrade to 'Buy'

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Business

28 July 2026 at 11:20 am

IDFC First Bank Shares Extend Rally After Record Q1FY27 Profit, Analysts Upgrade to 'Buy'

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Summary

IDFC First Bank shares surged after the bank reported a record quarterly profit of ₹1,075 crore, a 132.4% year-on-year increase, driven by an 18.6% rise in customer business and improved asset quality.

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