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View Full Version : What is With IFCI

vikasthakurno1
11-10-2007, 11:20 AM
Hi, May i know What is the Short term target and Long Term Target of IFCI?
selvam606
11-10-2007, 12:56 PM
???
abhi_modi
11-10-2007, 05:38 PM
TGT 120 SUPPORT AT 78/70.
HAPPY INVESTING
yellesh_r
11-10-2007, 06:54 PM
how u can say the shortterm target for ifci as120. based on technicals or fundamentals or it's momentum
abhi_modi
12-10-2007, 12:23 PM
its a technical call according to fundamentals its price should less than 60rs.
happy investing.
gundeep
13-10-2007, 10:47 AM
IFCI had a aggressive run, so its time to bit cool off. It has no strong fundamentals, its just running on news of stake sale. Target may be 110-120 by Mid-November. But at present, it may be the time to cool little bit, as company wont like high price either as the bidders are running away due to higher price of the stock.
Company at present is just selling its assets and making money (ICRA stake sale, NSE stake Sale, Properties sale), no business is been done as of now to make it strong fundamentally.