In NOV.2000 HDFC was on 165 Now 2700 SO IDFC will be surely on HDFC WAY. Only name diff H in Hdfc & I in IDFC ,in last 5-7 years was for HOUSING SECTOR,nOW IT`S SHIFTING TO INFRASTRUCTURE SECTOR for next 10 years & IDFC is a company for INFRASTRUCTURE PROXY.So buy on dips for this future BLUECHIP.
your observation is quite good, but in share market such comparisions do not work, as there are so many other hidden factors which run side by side in takeing any share to its highes. Who knows, IDFC may go even higher than the way HDFC has been in the next 3 to 5 years.
Yes, IDFC is a good share to hold for long term investment, will definetely gain.
IDFC HAVE MORE TREASURE IN IT-1IDFC PE,2 IDFC MUTUAL FUND 3 IDFC- SSKI
4 HAVE 7-8 % STAKE IN NSE(CURRENT 08-09 EPS FOR NSE Rs 114.57,)5 Invested in Many other unlited great company 6 IN BOARD MEMBER-S.H.KHAN(PREVIOUS IDBI M D)5 IDFC CHAIRMAN-DEEPAK PAREKH(HDFC CHAIRMAN). SO WHEN IT`S 3 CO.,NSE & OTHER UNLISTED CO.WILL LIST HUGE HUGE WEALTH FOR US.IDFC will gain for us more than HDFC in longer term.
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