IFCI
Buy IFCI at Rs 60-65: Choksey -- Deven Choksey of K R Choksey Securities is of the view that IFCI is available at a PE of 4.5 on EPS of Rs 17 and it has around Rs 1,100 crore worth of quoted/unquoted investment into the books, which translates about Rs 18-20 per share. So if the opportunity comes in the market, it would be a good opportunity to buy Rs 60-65 levels.
having estimated market value of close to Rs.2,000 crores. Incidentally, IFCI hold 4,66,050 sq. ft. of commercial space and 7,54,716 sq. ft. of residential space in various cities and towns of the country with major presence in New Delhi and Mumbai. IFCI also have about 5.44% stake in National Stock Exchange, 21% in Tourism Finance, 17% in Stockholding Corporation and about 8% in GIC Housing.
Buy IFCI at Rs 60-65: Choksey -- Deven Choksey of K R Choksey Securities is of the view that IFCI is available at a PE of 4.5 on EPS of Rs 17 and it has around Rs 1,100 crore worth of quoted/unquoted investment into the books, which translates about Rs 18-20 per share. So if the opportunity comes in the market, it would be a good opportunity to buy Rs 60-65 levels.
having estimated market value of close to Rs.2,000 crores. Incidentally, IFCI hold 4,66,050 sq. ft. of commercial space and 7,54,716 sq. ft. of residential space in various cities and towns of the country with major presence in New Delhi and Mumbai. IFCI also have about 5.44% stake in National Stock Exchange, 21% in Tourism Finance, 17% in Stockholding Corporation and about 8% in GIC Housing.