Do not invest in IFCI, says Rajen Shah, CIO, Angel Broking.

Shah told CNBC-TV18, "I had clearly mentioned that IFCI is a trader’s delight. Every time this news comes up, the stock goes to Rs 85-90 levels and maybe when it doesn’t happen it comes down to about Rs 30 levels and it has happening for the past couple of years. But this time the government seems to be serious, so maybe the stock could continue to be in action and limelight. But it’s not a stock for investment; I would certainly not advice investors to get into this stock."