Saturday, June 18, 2011

IDFC... my OLD Call....

I posted about IDFC just one year back when it was at Rs172/- ... It went up to Rs218 to make a new high and now settle down at 118 levels.....

It is a excellent pick for Long term, those who have picked stake at 172 or above levels can surely average out this stock and should hold for long term.... Yes, there are some concerns over infrastructure financing due to higher interest rates.. Its major clients include those companies for which raw material is coal... so availability of coal is indirectly effecting IDFC.....

There are some developments and news about IDFC recently.... I am summarizing some of them for readers.......

As per the statement issued by Vikram Limaye, loan book of IDFC is expected to get double in coming 3 years....

IDFC has a consolidated networth of USD 2.5 Billion and balance sheet size of 10.7 billion..... IDFC has recently signed an agreement with AFC(Africa Finance Corp) to help indian companies to enter the continent for expansion of their business i.e Infrastructure, mining, power roads etc....

According to me, IDFC is out of the box candidate in this space... Its a company one should love to buy for long term......

at Saturday, June 18, 2011 Posted by Deepak

13 comments:

  1. Culutre blogJune 18, 2011 at 5:05 PM

    Hi Deepak
    Thanks for advice on IDFC. I have large positions in SREI infrastructure finance and Rural Electrification Corporation. Can you look at these and let me know your comments. I am currently in loss but would like to retain my position.
    thanks
    Paddy Venu

    ReplyDelete
  2. DeepakJune 18, 2011 at 9:47 PM

    Hi Paddy,

    though i havent wrote too much about SREI on my blog but it is a excellent pick for LT.. a very nice story related to quippo is bulding up and trust me this srei can create a exponential wealth in long term... this will never go in circuit to circuit but will run very silently.. like 1%, 2-3%.. like this......

    REC is also a goo stock to hold...

    Your both picks are good... hold on them... i am also holding SREI...

    ReplyDelete
  3. pruthviJune 18, 2011 at 10:20 PM

    what is your view Jaihind Projects Ltd??
    It is trading at a PE of 3.5, order book worth 500 crores.
    is it a good pick at this level.

    need your frank opinion.
    do you suggest buy at this stage for a investment of 2 to 3 years.

    ReplyDelete
  4. madhuJune 19, 2011 at 9:04 AM

    sir,
    Like SREI, I want to know your personal holdings of other stocks for long term.
    Hope, you will make us know.
    Thanks in advance.

    ReplyDelete
  5. DeepakJune 19, 2011 at 10:13 PM

    Jaihind projects looks good for LT... small equity of 7 crores...
    company will mcap of 83cr having turnover of 483 cr.. posting 330% more profit then its mcap.. looks good..

    ReplyDelete
  6. DeepakJune 19, 2011 at 10:14 PM

    Madhu.. as is mentioned many times Yes Bank is a Excellent story building up.. I gave call when it was 60... long long way to go from here...

    ReplyDelete
  7. kurichhJune 19, 2011 at 11:37 PM

    hi deepak , excellent issue on "India". Lots of insight gained. Reading that was way better than just stupidly going through channels watching bogus news.

    That apart, I am a trader and investor in Powergrid. Would love to know your views on it

    ReplyDelete
  8. DeepakJune 20, 2011 at 10:25 PM

    Kurichh,

    I do not track power grid... acully i dont like this company...

    In power sector i like torrent power...

    ReplyDelete
  9. Culutre blogJune 23, 2011 at 3:17 AM

    Hi Deepak
    thanks for your advice on SREI finance and REC.
    The power sector stocks are down. I find Entegra and IBPower attractive at current prices? Would like to cross check with you for expert opinion.
    thanks and regards
    Paddy Venu

    ReplyDelete
  10. DeepakJune 24, 2011 at 5:22 PM

    I dont track both of these stocks.. so i cant comment

    ReplyDelete
  11. AnonymousJune 29, 2011 at 8:01 AM

    Hi, i am heavily invested in Jyoti Structures and the price has come down substantially. what is your long term view on Jyoti structures? Same is the case with AK Capital. Any long term targets??
    Thanks

    ReplyDelete
  12. DeepakJune 29, 2011 at 11:06 AM

    Jyoti Structures and AK Capital both are superb business models to be hold to long term. I have no doubt about them...
    I cant predict any target

    ReplyDelete
  13. AnonymousJune 29, 2011 at 9:22 PM

    what is your view on rolta india.

    ReplyDelete

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