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IDFC stock has come into great focus after its merger with IDFC First Bank was announced. On Wednesday, IDFC&#39;s share price went up over 4% to hit a new 52-week high of ₹116.85.

IDFC Stock Made Ashish Dhawan ₹347 Crore Richer In The Past Year

Delhi - india,-,Aug,27,2020,:,Hoarding,Of,Idfc,First

This merger plan includes IDFC Financial Holding Co. and IDFC merging into the bank and the reduction of the bank&#39;s securities premium account.

What IDFC And IDFC First Bank Merger Means For Shareholders

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IDFC shares slumped on Monday reversing early trade gains. However, the stock has been upbeat since the start of the year. On a year-to-date basis, the stock has gone up over 25%. 

If You Invested ₹10,000 In IDFC A Year Ago, Here&#39;s How Much You&#39;d Have Today

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