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Q.

What is the short term target for ifci. will it cross 120 this week ?

About: Company: IFCI Ltd.

Tags: week, short term target for ifci
Asked by ashish chopra, 19 Nov '07 07:03 pm
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Answers (6)

1.

THE TARGET IS 150 IN FEW WEEKS - RUMOR OF GETTING A BANKING LICENCE - PUNTERS SHALL RUN IT - JUST HOLD
Answered by NEELU, 19 Nov '07 07:11 pm

 
  
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2.

Banking On A Licence
The scramble for 26 per cent in IFCI has more to do with a likely entry into banking than the strength of its books.

P. VAIDYANATHAN IYER
16 Nov 2007
The 17th floor data room at IFCI Tower in south Delhis Nehru Place is buzzing with activity. The eight short-listed bidders for a 26 per cent stake in IFCI the countrys oldest and only surviving developmental financial institution are poring over the companys accounts for hidden liabilities and, of course, unlocked wealth. What they arent telling anybody is that the biggest unlocked wealth isnt in the accounts yet. That the biggest attraction in IFCI is the banking regulator Reserve Bank of Indias (RBI) inclination to grant a banking licence to the firm a rare opportunity to enter a lucrative sector where no new player has been allowed since February 2002 when Yes Bank and Kotak Bank were given the nod.
For whoever comes on board IFCI, this will be nothing short of a lottery, because the future presents a ...more
Answered by Pravin Ramawat, 20 Nov '07 02:40 pm

 
  
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3.

no
Answered by sandeep bhargava, 19 Nov '07 09:59 pm

 
  
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4.

Hold for a month and you will see the difference
Answered by Ashish, 19 Nov '07 07:12 pm

 
  
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5.

it will be 270 by next year... it is heard govt. not interested in selling ifci at 127 and now it is demanding 240 with adding real estate property rates... from here watchout for ifci
moreover many buyers are interested in the merchant banking license ifci holds...
Answered by shothish kumaar, 20 Nov '07 09:20 am

 
  
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6.

Hari AUM....110 max....
Answered by Dr vyas, 19 Nov '07 07:21 pm

 
  
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