IDFC First Bank - Potential to be a next big bank or is it a permanent underachiever?

IDFC First is a very popular stock among the twitter investors…we have a gang which calls it as a bank which has only hype and that its performance and potential is reflected in how the share price has consistently underperformed.

Whereas one gang says that it is extremely undervalued and it has potential to do great things in the future.

im interested to know which side are you in currently? and kindly share the reason (if psbl)

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After the recent quarterly results Arihant capital has given Target of 59 and ICICI direct has given it at 56.
But Promoters, FII, DII all are exiting and retail holding is increasing. So it seems to be going towards 20-25 shortly

IDFC Bank gave nice results it looks …

stock is now 42 plus…from 30 levels

all retail fav stockss r moving

Twitter war is at its peak.

Im gonna sit on sidelines and watch the show.

We have many other stocks where noise is comparatively lot less

So after a year now, what are your views? Did the fundamentals improve? Stock did reach 94 and came dow to 84. There was a Lot of insider selling at 94 level. Every other bank’s had profits and improved NPA. There’s a biggest short position on IDFCfirst too. What is so special about IDFCfirst that makes one think about investing in it?