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IDFC First Bank Shares Drop 5% Amid Weak Q3 Earnings And Analysts Slash Target Price

Shares of IDFC First Bank tumbled by 5% on January 27, 2025, following the release of disappointing Q3 earnings. The bank's net profit for the quarter plunged to Rs 339.4 crore, more than halving from Rs 715.7 crore in the same period last year. This steep decline is primarily attributed...