In a significant step in economic cooperation, Russia's Direct Investment Fund (RDIF) on Wednesday signed an MoU with India's Infrastructure Development Finance Company (IDFC) for funding of hydro-generation projects.
Among the members of the committee are C S Rajan, Chief Secretary, Rajasthan Government; S B Nayar, CMD, IIFCL; Shekhar Shah, Director General, NCAER; Pradeep Kumar, MD, CBG, SBI; Vikram Limaye, MD, IDFC; P S Behuria, former IRS and Sudipto Sarkar, Barrister-at-law, Kolkata.
Manoj Murlidharan Vayalar of IIFL recommends going long on Biocon as the stock may move to Rs 358.
According to SP Tulsian of sptulsian.com, IDFC looks good. He expects good quarterly earnings from the company.
According to Kunal Bothra of LKP one can buy Zee Entertainment above Rs 210 for the target price of Rs 220 with a stop loss of Rs 205, as a good upside is expected in the stock.
Sudarshan Sukhani, s2analytics.com advises short term traders to go long in IDFC at current levels.
Technical analyst, Sudarshan Sukhani, s2analytics.com says Bank Nifty is showing signs of pressure since both its components, the PSUs and the large private banks are showing weakness.
Fitch Ratings has affirmed India-based Infrastructure Development Finance Company Limited's (IDFC) 'BBB-' Long-Term Foreign-Currency Issuer Default Rating (LT FC IDR) with a Negative Outlook and 'Fitch AAA(ind)' National Long-Term rating with a Stable Outlook.
Infrastructure Development Finance Company Ltd (IDFC) is India‘s leading integrated infrastructure finance player providing end-to-end infrastructure financing and project implementation services.
Hemant Thukral, Head, Derivatives Research, SBI Capital Securities is of the view that IDFC has strong support at Rs 113-115.
Infrastructure Development Finance Company (IDFC) has touched an intraday high of Rs 120.70 and an intraday low of Rs 116.20. At 11:09 hrs the share was quoting at Rs 120.00, up Rs 4.85, or 4.21%.
IDFC has touched an intraday high of Rs 135.25 and an intraday low of Rs 128.90. At 12:42 hrs the share was quoting at Rs 134.80, up Rs 5.85, or 4.54%.
Infrastructure Development Finance Company (IDFC) has announced the public issue of the third tranche of long term infrastructure bonds of face value of Rs 5,000, in the nature of secured, redeemable, non-convertible debentures, having benefits under Section 80CCF of the Income Tax Act, 1961, for an aggregate amount not exceeding Rs 3700 crore.
Microsec has come out with its report on Budget top picks.
There will be an impact of FIIs investment in long term infra bonds.
The government has increased tax-free bond limits.
Infrastructure Development Finance Company or IDFC’s third quarter (Oct-Dec) standalone net profit climbed more than 27% to Rs 387 crore on the back of higher interest income.
The Infrastructure Development Finance Company has announced the public issue of the second tranche of long term infrastructure bonds of face value of Rs 5,000, in the nature of secured, redeemable, non-convertible debentures, having benefits under Section 80CCF of the Income Tax Act, 1961, for an aggregate amount not exceeding Rs 4,400 crore.
GEPL Capital has come out with its report on top trading picks OnMobile Ltd & IDFC. According to the research firm one can buy OnMobile Global with a stop loss of Rs 62 for a target of Rs 96 and buy IDFC at current market price as well as on decline with a stop loss of Rs 93 for a target of Rs 113.
Standard & Poor's Ratings Services had assigned its 'BBB-' long-term and 'A-3' short-term counterparty credit ratings to India-based Infrastructure Development Finance Company (IDFC). The outlook on the long-term rating is stable.
Infrastructure Development Finance Company (IDFC) has raised Rs 532.6 crore through a tax-saving infrastructure bonds issue. The bonds have been allotted against 2.6 lakh applications, IDFC informed the BSE today.
Infrastructure Development Finance Company, IDFC has touched an intraday high of Rs 100.90 and an intraday low of Rs 96.10.
The first tranche of infra bond issue offered by IDFC has received a tepid response, with the company so far collecting only around Rs 500 crore or 10% of its ambitious target of Rs 5,000 crore for FY12. This means, the company will have to tap retail money more aggressively to achieve its target in the next tranches, market sources told.
The public issue of the long term infrastructure bonds by Infrastructure Development Finance Company is closing for subscription on Friday, December 16, 2011.
Investors in debt instruments are cold-shouldering infrastructure bonds and flocking to banks and corporates offering competitive rates on fixed deposits and corporate non-convertible debentures (NCDs) respectively.