IFCI has doubled from its 2006 lows and it seems to be in full steam steadily gaining but I think investors should book part profit at intervals because the delivery has come down to 18% from 35 and above but the company is wiping out its losses. I think the Government is waiting to announce something as soon as IFCI wipes out its losses. Till the result is out, I think there is only one way to go for IFCI and that is up. After the result one might see profit booking in wholesale that will bring down the price. Any comments are welcome from experienced boarders.
Traderji please give your view on IFCI for long term.
Traderji please give your view on IFCI for long term.