IDFC First Bank Share Price Crashes 16%: What Went Wrong?

IDFC First Bank share price today crashed nearly 16% to ₹70.19. Check latest price, 52-week high-low, Q3 FY26 results, and why the stock is falling.

Gobind Arora
Published on: 23 Feb 2026 11:48 AM IST
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IDFC First Bank share price today fell sharply to ₹70.19, down nearly 16 percent in early trade. The stock touched a low of ₹66.80 during the session. The sudden drop has surprised many investors, especially after recent steady performance.

Latest Price and Key Numbers

IDFC First Bank Ltd opened at ₹75.16 and failed to move higher. That level remained the day’s high as selling pressure quickly increased. The 52-week high stands at ₹87.00, while the 52-week low is ₹52.46.

The market cap is around ₹60,350 crore. The P/E ratio is 34.14, which is on the higher side compared to some other banking stocks. Dividend yield is very small at 0.36 percent, so investors mainly look here for growth.

Q3 FY26 Performance Check

In Q3 FY26, revenue came at ₹6.22K crore, showing a 16.37 percent year-on-year growth. That looks positive at first glance. However, earnings per share missed expectations by 19.15 percent. Revenue also slightly missed estimates by around 2 percent.

When profits disappoint, markets react fast. Banking stocks are sensitive to earnings quality and asset performance.

Why Did the Stock Fall So Much?

Sharp falls usually mean confidence took a hit. Recent reports about internal issues and investigation related concerns have added to investor nervousness. Even if fundamentals look stable, uncertainty spreads quickly in financial stocks.

Also, after a good rally in previous months, some traders may have booked profits. Once selling starts in heavy volume, prices can slip faster than expected.

Markets often overreact in the short term. But recovery depends on clarity and strong communication from management.

What Should Investors Watch Now?

IDFC First Bank share price is now much lower than its recent highs. The next few trading sessions will show whether buyers step in at these levels. Watch asset quality numbers, management commentary, and any official updates closely.

If earnings stabilise and concerns reduce, confidence may slowly return. But volatility may continue for some time.

For now, this banking stock is in focus for all the wrong reasons, and investors are watching every move carefully.

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