Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "IDFC has been a favorite chart for me. I have been consistently suggesting it and that suggestion remains. The uptrend is clear and visible and gains should come. See the market context before taking these trades, but assuming that they are open and the market remain cheerful, IDFC is looking at higher levels and buying can be done easily."
At 10:34 hrs IDFC was quoting at Rs 164.20, up Rs 1.25, or 0.77 percent. It has touched an intraday high of Rs 165.45 and an intraday low of Rs 161.60.
The company's trailing 12-month (TTM) EPS was at Rs 10.59 per share. (Mar, 2013). The stock's price-to-earnings (P/E) ratio was 15.51. The latest book value of the company is Rs 91.81 per share. At current value, the price-to-book value of the company was 1.79. The dividend yield of the company was 1.4 percent.
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