Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

What is the future of IFCI

About: Money

Tags: money, careers, education
Asked by sooraj kumar, 15 Apr '10 07:20 am
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (6)

1.

Industrial Finance Corporation of India
Answered by Dinesh Manaktala, 15 Apr '10 07:21 am

 
  
Report abuse
Useful
 (2)
Not Useful
 (0)
Your vote on this answer has already been received
2.

IFCI is an orphan with a good fortune, and till it reaches its maturity, it cannot even use the fortune for its benefits. Since the Govt. of India is the guardian, it has got its own limitation. So, If you invest in this company, you must have patience to wait till the company crosses the limitation period under Guardian and Wards Act.
Answered by M.V., 15 Apr '10 10:02 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (1)
Your vote on this answer has already been received
3.

Not so good
Answered by RSehgal, 15 Apr '10 01:27 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (1)
Your vote on this answer has already been received
4.

Ifci will go upto Rs. 1000/- per share by Deceber 2010
100% confirm buy and hold dears
Answered by Rahul, 15 Apr '10 02:49 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
5.

It is one of good company and has future to go upto Rs. 80/- because the govt in process to sell the stake in this company. The guidelines may be come within one months. I have one more tip if you are interested to buy i.e. It is better to buy Shree Ganesh Jewellers Limited at the rate of 165 because the issue came @ of 270 and at present discounted about 40%. At prsent rate its accumulated give best returns. The one good news also is there the company received an order worth Rs. 502crores on tuesday which resulted the rate upto Rs. 200 within a week.
Answered by roop ram, 15 Apr '10 11:38 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
6.

In my view, quite hopeless
Answered by rajan, 15 Apr '10 08:53 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining

Related Answer

Q.
A

Originally it stood for Industrial Credit and Investment Corporation of India. However, it has now diversified into many more areas hence, ICICI is no..more

Answered by Anil K Chugh