| Buy IFCI at 42/- Target of 50/- & 65/- & 95/-
Value Buy IFCI Ltd; at 42/- with Target of 50/- and 65/- Immediately.
Recently IFCI declared good results with Turnover of 411Cr and Net Profit of 190 Cr EPS 11/- Book Value 45/- PE just 4. Compare to last year Quarter results was very good.
Just Grab at 40 to 42/- and hold 1 month will get 50/- to 65/- Minimum.
Risk is very less at current Market Rate at 42/-. Already down from 57/- to 42/- nearly 30% down. So happily accumulate at 40/- to 42/- and hold 1 month will get good returns. |
http://www.sathyamurthy.com/finance
http://www.sathyamurthy.com/auto
Excellent Elliot wave analysis for FREE from experienced NRI multinational banker based outside of India - http://www.wavetimes.com (A MUST VISIT)
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