BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
CLSA maintains buy on IDFC
CLSA expects IDFC transition into bank to be smoother and its target price is based on 1.4 times FY16 adjusted price per book value. The brokerage sees the business environment improving in road and telecom sectors.