IDFC First Bank Share Price History & Return (2015 To 2024)
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Show Table of Contents
Table of Contents
- 1: IDFC First Bank Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About IDFC First Bank
- 3: IDFC First Bank Recent Performance
- 4: IDFC First Bank Share Price Chart From 2015 to 2024
- 5: IDFC First Bank Share Price History Table From 2015 to 2024
- 6: Analyzing the Impact of Investing in IDFC First Bank
- 6.1: IDFC First Bank Share Returns In Last 5 Years
- 6.2: IDFC First Bank Share VS FD (Normal) VS FD (Compounding)
IDFC First Bank Share Highlights
As of Thu 21 Nov 2024, IDFC First Bank Share price is ₹62.94 which is ₹29.51 below 52-week high of ₹92.45 and ₹3.64 above 52-week low of ₹59.3
52-Week High Low
- IDFC First Bank 52-Week High is ₹92.45 occured on Tue 19 Dec 2023
- IDFC First Bank 52-Week Low is ₹59.3 occured on Mon 28 Oct 2024
All Time High
- The all-time high or the highest price that IDFC First Bank shares have ever touched was ₹100.7 and this occurred on Tue 05 Sep 2023.
- The highest closing price at which IDFC First Bank shares have ever closed was ₹99.2 recorded on Tue 05 Sep 2023.
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Short Info About IDFC First Bank
IDFC First Bank: From Infrastructure Financing to Personal Banking
Every country needs proper availability of funds to develop its industries and improve the living standards of its people. Many banks are involved in the finance sector, but only a few banks are able to keep up with technological advancements. IDFC First Bank Ltd. is a bank whose infrastructure base is already technologically advanced in comparison to other banks.
October 2014
IDFC Bank Ltd. was incorporated.
November 2015
It got listed on the Indian stock market.
December 2018
IDFC First Bank was formed due to the merger of IDFC Bank and Capital First.
Due to the demerger of IDFC Ltd.’s infrastructure finance business, IDFC First Bank was formed. The bank offers various financial products, such as home loans, personal loans, vehicle loans, business loans, etc.
Through its different policies that are customer friendly, it has shown that it is dedicated towards its goals. Various indices have it as its constituent, such as the Nifty 200, Nifty Bank, etc. The bank has received several awards for its innovative products and services.
Let’s dive into the captivating share price history of IDFC First Bank Ltd.
IDFC First Bank Recent Performance
Over the past 24 trading days, the value of IDFC First Bank's stock has decreased by ₹8.79 (-12.25%). On 17 Oct 2024, its one share was worth ₹71.73 and by 21 Nov 2024, the value dropped to ₹62.94. During this period it created a highest high of ₹72.56 and lowest low of ₹59.30.
Below Image represents line chart of daily close price of IDFC First Bank, helping you visualize how the price has changed day by day.
IDFC First Bank Share Price Chart From 2015 to 2024
IDFC First Bank Share Price History Table From 2015 to 2024
| Year | IDFC First Bank | YOY Chg% | ↑High - ↓Low |
|---|---|---|---|
| 2015 | ₹60.95 | - | ↑ ₹62.40 ↓ ₹54.05 |
| 2016 | ₹60.05 | -1.5% | ↑ ₹83.45 ↓ ₹43.15 |
| 2017 | ₹54.25 | -9.7% | ↑ ₹68.90 ↓ ₹51.10 |
| 2018 | ₹43.40 | -20.1% | ↑ ₹70.35 ↓ ₹32.70 |
| 2019 | ₹45.15 | 4% | ↑ ₹56.90 ↓ ₹36.15 |
| 2020 | ₹37.05 | -18% | ↑ ₹46.50 ↓ ₹17.75 |
| 2021 | ₹48.35 | 30.4% | ↑ ₹69.30 ↓ ₹36.90 |
| 2022 | ₹58.80 | 21.6% | ↑ ₹64.30 ↓ ₹28.95 |
| 2023 | ₹88.90 | 51.1% | ↑ ₹100 ↓ ₹52.10 |
| 2024 | ₹62.94 | -29.3% | ↑ ₹64.59 ↓ ₹62.40 |
Analyzing the Impact of Investing in IDFC First Bank
IDFC First Bank Shares price in the year 2015 was ₹60.95. If you had invested ₹10,000 in IDFC First Bank Shares in 2015, in 9 years, your investment would have grown to ₹10,326 by the end of 2024. This represents a positive return of 3.2% from 2015 to 2024, with a compound annual growth rate (CAGR) of 0.3%.
Also Read: Astral Pipes Year Wise Share Price History From IPO to 2024
IDFC First Bank Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹100.7 and lowest was: ₹17.75
- IDFC First Bank Shares price in 2019 was ₹45.15
- By 2024, its share price rose to ₹62.94
- It gave a positive return of over 39% with a CAGR of 6.8% over the last 5 years
- If you had invested ₹10,000 in IDFC First Bank in 2019 then in 5 years, your investment would have grown to ₹13,940 by 2024, which is 1.39 times of your initial investment.
IDFC First Bank Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
| Year | IDFC First Bank Investment | FD Normal Investment | FD Compond Investment |
|---|---|---|---|
| 2015 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
| 2024 | ₹10,266.27 | ₹15,400 | ₹16,894.78 |
[Click/Touch on line to show data]
For more insights into IDFC First Bank, explore these additional resources:-
- IDFC First Bank Price Target Tomorrow
- IDFC First Bank Price Long Term Target
- IDFC First Bank Dividend History
Reference:
- IDFC First Bank Ltd. IDFC First Bank – About company
- Economic Times IDFC First Bank Ltd. company history
- Wikipedia IDFC First Bank Ltd. – Wiki
