IDFC expensive

By CROW -
 
 
Comments from Dalal :
 
IDFC has some more perhaps time and gestation, consolidation which will continue for four-six months. But if one had to take financial services surrogate for India in terms of its representation both in the capital market and in the infrastructure space, IDFC makes a good investment. It's expensive right now because it's still an Rs 10,000 crore marketcap. I would wait for it to correct a little but I was to take a two year investment horizon, I think these are very good levels to start looking at IDFC

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