Sudarshan Sukhani bets on IDFC, advises to hold for 2-3 yrs

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "If you are a long term investor, at current levels, IDFC is an excellent buying opportunity. Hold on to the stock for two-three years and you will double your money - that's my perception. For a short term trader, I would say yes, go and buy it."

At 14:47 hrs IDFC was quoting at Rs 144.15, up Rs 1.20, or 0.84 percent.It has touched an intraday high of Rs 147.70 and an intraday low of Rs 143.70.
The share touched its 52-week high Rs 185.35 and 52-week low Rs 126.45 on 07 January, 2013 and 06 September, 2012, respectively. Currently, it is trading 22.23 percent below its 52-week high and 14 percent above its 52-week low. Market capitalisation stands at Rs 21,834.80 crore. Also Read: IDFC to apply for banking license, shares gain 2%