2. Similarily one can buy IDFC at present levels as stock is a value buy and to authenticate the same I will quote Religare which has given a 'buy' rating on IDFC, and has given a target price of Rs 220 for the stock.
3. Even Prabhudas Lilladher has given outperformer rating on Infrastructure Development Finance Company and has given a conservative target price of Rs 125. IDFC’s NII, Noninterest income and Operating income has grown by 60%, 2% and 28% YoY respectively.
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