BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
Bank of America upgrades IDFC to buy
The brokerage upgraded IDFC post demerger. Transition to bank is challenging but bank can still trade at two times its price to book value. Target on IDFC Bank at Rs 70.