B Krishnakumar bullish on IDFC

B Krishnakumar of Fundsindia.com told CNBC-TV18, "We are bullish on IDFC and any sort of intraday weakness during the course of the week may be used to buy the stock with a stoploss at Rs 92 for a target of Rs 110."

At 14:33 hrs IDFC was quoting at Rs 98.10, up Rs 2.10, or 2.19 percent. It has touched an intraday high of Rs 98.70 and an intraday low of Rs 96.35.

The share touched its 52-week high Rs 165.45 and 52-week low Rs 76.25 on 17 May, 2013 and 28 August, 2013, respectively. Currently, it is trading 40.71 percent below its 52-week high and 28.66 percent above its 52-week low. Market capitalisation stands at Rs 14,874.10 crore.