Avoid IDFC, says Sukhani

One can avoid IDFC, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "IDFC is a disappointment. It was a favourite but an immediate target on the downside could be Rs 130. It is a sell. One does not have to sell some of these stocks. Therefore, IDFC is to be avoided."
At 10:37 hrs IDFC was quoting at Rs 142.55, up Rs 1.00, or 0.71%. It has touched an intraday high of Rs 145.00 and an intraday low of Rs 139.20.
The company's trailing 12-month (TTM) EPS was at Rs 10.59 per share. (Dec, 2012). The stock's price-to-earnings (P/E) ratio was 13.47. The latest book value of the company is Rs 80.16 per share. At current value, the price-to-book value of the company was 1.78. The dividend yield of the company was 1.61%.
The share touched its 52-week high Rs 185.35 and 52-week low Rs 118.85 on 07 January, 2013 and 07 May, 2012, respectively. Currently, it is trading 23.09% below its 52-week high and 19.94% above its 52-week low. Market capitalisation stands at Rs 21,592.44 crore.