Go long in IDFC: Sudarshan Sukhani

Go long in IDFC, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "IDFC is a buying opportunity. It has come to a strong support level and that is a deep correction that we saw. Go long in it.”
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 18.26% below its 52-week high and 27.47% above its 52-week low.
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 14.31. The latest book value of the company is Rs 80.18 per share. At current value, the price-to-book value of the company was 1.89. The dividend yield of the company was 1.52%.