Vishal Malkan of malkansview.com told CNBC-TV18, "IDFC is showing some strength today and it is sustaining above the level of Rs 160. So, I would recommend a buy with stoploss of Rs 160 for targets of Rs 174."
At 13:41 hrs IDFC was quoting at Rs 164.40, up Rs 3.90, or 2.43 percent. It has touched an intraday high of Rs 164.85 and an intraday low of Rs 160.10.
The company's trailing 12-month (TTM) EPS was at Rs 10.11 per share. (Sep, 2014). The stock's price-to-earnings (P/E) ratio was 16.26. The latest book value of the company is Rs 92.94 per share. At current value, the price-to-book value of the company was 1.77. The dividend yield of the company was 1.58 percent.
Disclosure: Analyst has positions in the stock.
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