IDFC First Bank’s shares are under scrutiny following a 58% YoY drop in Q4 net profit, attributed to a decline in its microfinance loan portfolio. Despite this, NII increased by 9.8% YoY, and customer deposits saw a 25.2% rise. Nuvama maintains a ‘Hold’ rating, anticipating improved RoA in coming years, though the stock’s valuation is considered fair.
Volatility ahead, but oil spike from low base not inflationary yet: Sandip Sabharwal
Sandip Sabharwal suggests market reactions indicate a limited impact from the West Asia conflict, viewing corrections as buying opportunities, particularly in domestic sectors like financials
June 16, 2025