Citigroup Research has recommended buy rating on IDFC on October 15, 2007 report. " IDFC's Q2 FY08 net profits rose 25%yoy in-line with expectations. Key positives were improvement in NIMs, strong loan growth and fee momentum. Asset management returns and fund raising plans are also ahead of expectations and could provide valuation upsides. IDFC's core fee incomes continued to show strong momentum (+72% yoy ex-SSKI). We believe, IDFC's fee income has significantly diversified and deepened over the last 2 years. We maintain our Buy/Medium Risk recommendation." says Citigroup research report.
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source Moneycontrol.com
Again the short term target ahead of bulls & bears is 210+
Happy trading
-koolfriend4u
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decision.
source Moneycontrol.com
Again the short term target ahead of bulls & bears is 210+
Happy trading
-koolfriend4u