BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Goldman Sachs Downgrades IDFC to Sell
Goldman Sachs has downgraded IDFC to sell for target price of Rs 115 per share. Goldman Sachs says that lower earnings, lower target price to book value will impact valuation and turnaround will take time compared to expectations. Goldman adds that fundamental view is more bearish on IDFC and it is not worth taking risk in IDFC.