IDFC First Bank share hits 52-week high on second day in a row. Buy or sell?
IDFC First Bank share price has been in uptrend after announcement of strong Q4 results
IDFC First Bank shares have been in uptrend after announcement of fourth quarter results ahead of ushering in May 2023. After announcement of IDFC First Bank results, share price of the private lender has surged from around ₹61.50 to ₹70.80 apiece levels, logging around 15 per cent in less than one month time. IDFC First Bank share price today opened upside and hit new 52-week high for second straight session as stock witnessed strong buying interest after trading tepid in early morning deals. The stock witnessed heavy buying during 11:15 AM to 13:30 PM deals and hit fresh 52-week high of ₹70.80 apiece levels on NSE. While climbing to new 52-week peak, IDFC First Bank shares hit August 2017 highs.
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