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  1. anish's Avatar

    Buy IDFC – TP Rs.210

    by
    anish
    , 01-09-10 at 02:57 PM
    Quote Originally Posted by anish View Post
    IDFC is recommended to buy with a six month target price of Rs.210. The stock is currently traded around Rs.180.

     It is expected that the loan portfolio would increase by 41% in FY11 as against the earlier projection of 25% growth. This is based on the performance of the company in 1QFY11. It is expected that the momentum would continue for the whole year.

     The company is working with a balance sheet target of Rs.1000 billion by FY14. This implies
    ...
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