IDFC First Bank shares jump to 52-week high after Motilal Oswal upgrade; Here's what it likes

IDFC First Bank's gross and net non-performing assets (NPAs) should normalise to 1.4% and 0.4% respectively by financial year 2028, Motilal Oswal projected in its note. At the end of the first quarter of financial year 2027, those figures stood at 1.51% and 0.44% respectively.