IDFC FIRST Bank Hits Fresh 52-Week High at ₹79.62; Gains 3.5% on Strong Q2 Earnings Momentum

Mumbai, October 23, 2025 – Shares of IDFC FIRST Bank Limited (NSE: IDFCFIRSTB) extended their upward rally on Thursday as they rose to a new 52-week high of ₹79.62, making it an 8% rise over the last three sessions. The rally in the share price came after the company announced its Q2 FY26 results.

Market Snapshot

As of October 23, 2025, 2:26 pm, shares of IDFC First Bank Limited (INE092T01019) were trading at ₹79.65, up by 3.75%, or 2.88 points. The shares of the company had a decent trading pattern so far, with total traded volume and traded value standing at 820.56 lakh shares and ₹648.82 crore, respectively. The total market cap for the company stood at ₹58,449.88 crore with a positive buy quantity of 42,79,192 shares.

Key Triggers Behind the Rally

The rally in the shares of IDFC FIRST Bank Limited was caused by several factors. Major factors contributing to the rally include robust Q2FY26 results, steady deposit growth, improved asset quality, expanding retail portfolio, and capital strengthening and cost efficiency.

The company reported a 76% year-on-year jump in net profit to ₹352 crore for Q2FY26. It was driven by strong growth in retail and MSME loans, steady asset quality, and lower provisions. As of September 30, 2025, the customer deposits rose 23.4% YoY to ₹2.69 lakh crore, with the CASA ratio improving to 50.07%. This reflects a healthy deposit franchise.

The gross and net NPAs also declined during the tenure to 1.86% and 0.52% respectively, indicating strong credit discipline. It also highlights reduced stress, especially in the microfinance segment.

Retail loans, including mortgage, vehicle, and consumer lending, accounted for 94% of the bank’s loan growth. This showcases diversification and balance sheet stability.

Further, the post-conversion of ₹7,500 crore CCPS into equity improved the capital adequacy to 16.82%. The bank also reported that it has improved its operating leverage, with expenses rising at a slower pace than business growth.

Disclaimer: At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations