Volume 65.23M lifts IDFC Limited (IDFC.NS, NSE) to INR 108.78: intraday outlook
Intraday volume surged to 65,229,902 shares as IDFC Limited (IDFC.NS stock) traded at INR 108.78 on the NSE today. The stock is up INR 0.81 or 0.75% from the previous close, with a day range of INR 107.36–110.63. Traders are watching the spike because average daily volume is 6,944,715, making this move notable for intraday liquidity and momentum. We examine valuation, technicals, and Meyka AI forecasts to frame short-term opportunity and risk.
Intraday snapshot and trading flow
IDFC.NS stock opened at INR 110.04 and is trading at INR 108.78 with a day high of INR 110.63 and day low of INR 107.36. Volume today is 65,229,902, nearly 9.39x the average, signalling heavy intraday participation.
Price is below the 50-day average INR 110.21 and below the 200-day average INR 115.52, which frames near-term resistance. Intraday traders should watch early session VWAP and the INR 107.36 intraday low for stop placement.
Valuation and fundamentals for IDFC.NS stock
IDFC Limited shows EPS INR 5.42 and a trailing PE of 20.07 on the current price of INR 108.78. Book value per share is INR 83.57 and price-to-book is 1.30, suggesting valuation close to book but below many financial peers.
Balance-sheet metrics are strong: debt-to-equity is 0.02, current ratio is robust, and return on equity is 8.37%. Market cap stands at INR 174,045,827,881.00 and the 52-week range is INR 104.50–129.70.
Technical and volume analysis for intraday traders
The sharp volume spike with price near INR 108.78 points to accumulation in early trade; relative volume is 9.39, indicating unusual order flow. Short-term technical resistance sits at the 50-day average INR 110.21, followed by the 200-day at INR 115.52.
Support cluster is around INR 104.50 (year low) and the intraday low INR 107.36. Traders should watch whether volume sustains above average to confirm a breakout or fades back toward the intraday low.
Meyka AI rates IDFC.NS with a score out of 100
Meyka AI rates IDFC.NS with a score out of 100: 70.60 (Grade B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The grade reflects strong cashflow metrics, low leverage, and attractive price-to-book relative to peers.
Note this grade is informational. These grades are not guaranteed and Meyka AI is not a financial advisor.
Price targets, Meyka AI forecast and analyst context
Meyka AI’s forecast model projects a 1-year target of INR 187.48, implying an upside of 72.36% from the current price INR 108.78. The model also shows 3-year and 5-year projections at INR 237.98 and INR 288.24 respectively.
Market-based valuation markers: Graham number is INR 110.81, giving a near-term fair-value reference. We present a conservative intraday target of INR 115.00 and a tactical price target of INR 140.00 if momentum continues and sector conditions remain stable.
Risks, catalysts and sector view
Key upside catalysts include stronger asset-management fees, higher deployment from financing activities, and improved sector flows in Financial Services. Sector performance is mixed; Financial Services average PE is 32.38, placing IDFC.NS on a lower PE band.
Risks include macro-driven liquidity shifts, a weaker mutual-fund flow environment, and any regulatory changes in asset management. Intraday traders should respect high volume reversals and wider-than-normal spreads.
Final Thoughts
IDFC.NS stock shows meaningful intraday interest with 65,229,902 shares traded and price at INR 108.78 on the NSE. Fundamentals remain solid: EPS INR 5.42, trailing PE 20.07, price-to-book 1.30, and near-zero leverage (debt-to-equity 0.02). From a trading view, the spike in volume increases short-term liquidity but also raises the risk of quick reversals if buyers fail to hold above intraday support. Meyka AI’s model projects INR 187.48 in one year, an implied upside of 72.36% versus the current price; this is a model-based projection and not a guarantee. For intraday strategies, watch confirmation above the INR 110.21 50-day average for continuation and use INR 107.36 as a near-term protective level. For swing traders, the INR 140.00 tactical target balances momentum and valuation, while the Graham reference INR 110.81 offers a conservative fair-value checkpoint. We flag liquidity, sector flows, and earnings timing as primary monitoring points. For more real-time updates see the company site and market coverage on Meyka AI’s stock page.
FAQs
What is the intraday price of IDFC.NS stock right now?
IDFC.NS stock is trading at INR 108.78 in the intraday session, with a day range of INR 107.36–110.63 and volume 65,229,902 shares on the NSE.
What are the key valuation metrics for IDFC.NS stock?
Key metrics: EPS INR 5.42, trailing PE 20.07, price-to-book 1.30, ROE 8.37%, and debt-to-equity 0.02, indicating modest valuation and low leverage.
What price target does Meyka AI model predict for IDFC.NS stock?
Meyka AI’s forecast model projects INR 187.48 in one year for IDFC.NS stock, implying an upside of 72.36% versus the current INR 108.78. Forecasts are projections and not guarantees.
How should traders manage risk when trading IDFC.NS stock intraday?
Use the intraday low INR 107.36 as a near-term stop reference and watch volume confirmation above INR 110.21 for continuation. Size positions to volatility and respect wider spreads during heavy flow.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
