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Houseviews: 4 stocks to trade during Budget week

Mon, Feb 25, 2013 at 08:48

Source: CNBC-TV18
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IDFC

Brokerage: Morgan Stanley

Rating: Equalweight

Target: Rs 150

Rationale: RBI’s regulations on new bank licenses are unclear for NBFCs, which do not have a promoter group. Since, IDFC has no promoter, it is not clear who can form the required financial holding company, and whether it is eligible.
 

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