2006-06-18 01:48:39 · 3 answers · asked by Kabir 2 in Business & Finance ➔ Investing
In spite of all positives said and repeated, IDFC could not perform. Analyst say good in the long term, but when counter questioned, they start avoiding discussion on the scrip.
I think if not already invested, one should avoid invevtment in this stock for now. Far better options are available, after all one needs to make money in the market than making any sentimental attachment with a particular stock.
2006-06-18 07:42:58 · answer #1 · answered by helpaneed 7 · 0⤊ 0⤋
IDFC Has a very good potential in the long run....but right now its not performing upto its potential....maybe because of the poor bull run which is seeing lot of scripts in red.......
First it was stuck in the barrier of 70-75, and how it is between 50-55....but it is still well above its issue price of 34.
But with the infrastructure boom still in India IDFC has a long way to go and is a good long term bet......not for someone looking for short term gains.....
2006-06-18 10:58:53 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Don't ask a bunch of unknown amatuers about a stock you are considering buying unless you really just want to lose your money.
Take advantage of the free investment research out there and do your homework.
Lazy = stupid, not rich.
2006-06-18 10:29:37 · answer #3 · answered by Lori A 6 · 0⤊ 0⤋