ifci share

i bought 300 ifci shares at rs.39 each. how long can i hold it.

i bought 1456 IFCI shares @RS.93. when it will come back to that level?

30 it might reach in 1-2 month if market stabilize....

But I dont see a level of 93 in next 1 years or so..

what is ifci?

Tech3456: you are already sufferring a loss of more than 20%. You may get your price shortly. Once you get it sell it immediatly.

But to reach 93 it takes long time. May be an years time.

knag

Target of 93 for IFCI in intraday? Man thats real optimism

no way 93 in next 3 years

IFCI reached Rs 127 in Dec 2007 when there was a talk of stake sale to Morgan Stanley and Sterlite combine. It crashed when the bid was rejected by the board. This company will eventually be sold off. Maybe when the next Govt is in place. Govt is the major shareholder (LIC etc). When such a stake sale will come about this stock will soar. As present price is very attractive, one can accumulate. The face value is Rs 10. I think it will be a good speculative move. The time frame can be 2 to three years. Even after stake sale which will be to a blue chip organization, the stock will rise and then split. Lots of value if one has the patience to hold it.
Bee

I have bought 300 IFCI sherae at avg price of 26.50 plz let me know how where it will reaching to