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