|Bid||58.00 x 0|
|Ask||0.00 x 0|
|Day's Range||57.45 - 59.35|
|52 Week Range||50.65 - 68.00|
|PE Ratio (TTM)||12.92|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
With an ROE of 6.89%, IDFC Limited (NSEI:IDFC) outpaced its own industry which delivered a less exciting 6.10% over the past year. While the impressive ratio tells us that IDFCRead More...
IDFC Bank Ltd, one of India's two newest banks, will acquire non-bank financial firm Capital First Ltd in a share swap deal valued at about $1.5 billion as it looks to boost its retail lending activities. According to terms of the deal announced on Saturday, shareholders in Capital First will receive 139 shares of the bank for every 10 shares held. The deal values Capital First - owned more than a third by private equity firm Warburg Pincus - at 938.25 rupees a share based on the two companies' Friday closing price and giving the company a market value of 92.78 billion rupees ($1.46 billion), Reuters calculations showed.
IDFC Limited (NSEI:IDFC) trades with a trailing P/E of 14.2x, which is lower than the industry average of 18.3x. Although some investors may jump to the conclusion that this isRead More...
REUTERS - IDFC Group said on Monday that talks to acquire some of Shriram Group's financial services businesses have been called off. "The companies were not been able to reach common ground on a ...
REUTERS - IDFC Bank (IDFB.NS) reported a 40 percent fall in second-quarter profit on Wednesday. Net profit fell to 2.34 billion rupees ($35.92 million) in the quarter ended Sept. 30, from 3.88 billion ...