+91 7069123456 shivam@shivam.org

by shivam parikh
I have always believed IDFC is a good company with a lot of money and excess cash to use in case of expansion or emergency. I believe with it’s cash alone this a good company to hold. With its plan to convert to being a Bank with its already approved bank license – I believe the company stands as a great investment at this price. Anything under Rs. 200 at this point seems like a great buy. Over on our company News Portal I have been recommending buys for the last few months without a single sell call. I strongly believe and recommend buying and accumulating IDFC for the five year long run and see the stock price reaching around Rs. 400-500 over the course of time.  Assuming that things don’t change and management continue to run ethically, this seems like a great stock to hold and be an owner of. IDFC is at Rs. 132 today and I would recommend buying and accumulating at any price under Rs. 200 this month.

Disclaimer: I do hold IDFC in my portfolio.

-Written by Shivam Parikh

 

Infosys Limited 
$12.72  $0.0600  (-0.47%)
VODAFONE IDEA LTD 
₹ 8.95  ₹ 0.1000  (-1.10%)
IDFC FIRST BANK 
₹ 30.25  ₹ 1.10  (-3.51%)
ITC 
₹ 196.40  ₹ 5.05  (-2.51%)
HINDUSTAN UNILEVER 
₹ 2,173.90  ₹ 24.75  (-1.13%)
RELIANCE INDS 
₹ 2,113.80  ₹ 8.25  (-0.39%)
Berkshire Hathaway Inc. 
$316,251.00  $1.00  (-0.59%)
TATA MOTORS LTD. 
₹ 124.60  ₹ 6.55  (-4.99%)
SWARAJ ENGINES 
₹ 1,546.35  ₹ 10.85  (0.71%)
GLENMARK PHARM 
₹ 475.70  ₹ 11.05  (2.38%)
TATA CONSULTANCY S 
₹ 2,242.15  ₹ 12.30  (-0.55%)
COAL INDIA LTD 
₹ 131.85  ₹ 2.90  (2.25%)
PTC INDIA FINANCIA 
₹ 17.75  ₹ 0.3000  (1.72%)
SPICEJET LTD 
₹ 49.30  ₹ 1.05  (-2.09%)
INDIAN OIL CORP 
₹ 84.80  ₹ 2.05  (-2.36%)
KOTAK MAHINDRA BAN 
₹ 1,307.45  ₹ 28.80  (-2.16%)
AXIS BANK 
₹ 435.85  ₹ 12.25  (-2.73%)