IDFC
vs
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BSE Sensex 30
IDFC
Over the past 12 months, IDFC has underperformed BSE Sensex 30, delivering a return of 0% compared to the BSE Sensex 30's +10% growth.
Stocks Performance
IDFC vs BSE Sensex 30
Performance Gap
IDFC vs BSE Sensex 30
Performance By Year
IDFC vs BSE Sensex 30
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
IDFC Ltd
Glance View
IDFC Ltd., originally established with a vision to enhance infrastructure development in India, has traversed a remarkable journey since its inception in 1997. Starting as an infrastructure financing company, IDFC's metamorphosis over the years has been significant, reflecting the evolving landscape of India's financial markets. The entity initially focused on long-term project finance, which was in dire need during the nascent stage of Indian infrastructure development. By strategically financing pivotal projects across power, roads, and telecommunication sectors, IDFC endeavored to catalyze both urban and rural development, playing a crucial role in bridging the infrastructure deficit that has long posed a challenge to the country's growth. As the financial ecosystem matured, so did IDFC, branching into commercial banking through the establishment of IDFC Bank in 2015, later rebranded as IDFC FIRST Bank. This shift marked a pivotal transformation from a pure-play infrastructure financier to a more diversified financial service provider. The bank primarily monetizes through interest income generated from a robust portfolio of retail and corporate loans, alongside fee-based income from various banking services. By venturing into consumer finance and putting an emphasis on digital banking, IDFC FIRST Bank seeks to capture the rising demand for accessible and efficient banking solutions in India. This agility to adapt its business model while addressing the country's core financial needs underscores IDFC Ltd.'s continued relevance in the Indian financial sector.
