India's IDFC FIRST Bank sees best day in nearly 5 months after block deals

IDFC First Bank

29/01/2024 09:17

** Shares of IDFC FIRST Bank  IDFB.NS  rise as much as 4.6%
to 83.75 rupees, mark sharpest intraday pct gain since Sept. 4
    ** Over 3.8 mln shares traded in five separate block deals
priced in the range of 81.05-83.15 rupees - LSEG data
    ** Trading vol 1.5x the 30-day daily avg
    ** Avg rating of 15 analysts equivalent of "hold", median PT
is 87.50 rupees - LSEG data
    ** IDFB rose 51.2% in 2023, its best yearly performance
since listing in 2015



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))