dear grkothari
no hurry for longterminvestors in ifci like me
we know the value
today i took again 5000 shares at 49.65
when ever it falls DUE TO THE BLESSING OF DAYTRADERS AND SPECULATORS SO MANY PEOPLE ARE THERE TO ACCUMULATE IT
this is not a fraud company. started paying dividend whether they sale their stake or not nobody is worried
current price and up to 52 rs is justifiable according to its fundamentals
can you compare with it pears i.d.f.c and tourism finance
compare assets p.e e.p.s book value and sales then you will realise
if you are not an investor forget this share
it would be a foolish thinking to doubt the fundamentals of IFCI. My comment was in reply to the suggestions by self acclaimed techs boarders here who had given a time specific target thereby confusing the investors. I am trying to bring these self proclaimed experts to the general viewers here on every such move so that in time to come no body pays any heed to their suggestions.
dear grkothari
dont believe any body
any boarders can put their view in this board
that doesnot mean you have to believe all
make your own studies after a proper follow up and then buy shares
my view is dont aquire i.f.c.i ABOVE 52
all most all accumulation has done in between 49 and 52
if it comes dwon during market starts correction it is an excellent buy with out any fear
forget about the stake sale
it will take its own time no body can say when it happens until goi makes farther announcement
one thing is sure stake sale will happen during their disinvestment process of other listed p.s.u
no body can give a target of stake sale price
If this counter wants to gain confidence of a substantial chunk of retail investors, it`ll have to break out of the clutches of operators. they`re not letting it move beyond 52. What is the meaning of such huge volumes if it cannot break away either way, like sensex does?
businessline expert sh badrinarayan has indicated range of 45 to 60 for the stock and advised covered call option strategy to make money without much risk.
| NIFTY 
