This document promotes investing in IFCI Ltd, arguing its stock price could rise from 52 to 100. It lists several reasons: foreign institutional investors and investor Rakesh Jhunjhunwala increased their stakes; IFCI owns shares in profitable companies and real estate; it has a large rural presence positioning it well for new banking licenses; and its profits and loan sanctions have grown substantially in recent quarters, indicating financial strength. The document urges investors not to miss this opportunity for IFCI's stock to turn things around and rise substantially in price.
4. ITS A HAPPENING STORY.BUY IFCI LTD AT 52 TARGET 100. DONT MISS IT ITS A STORY FROM 52..TO 100
5. REASON 1Selling in Stock Market ..and IFCI Holding?FIIs HOLDING Raise from 15.67 %(June 2010) TO 23.63%(Dec 2010)
6. REASON 2 Indian Big Bull RakeshJhunjhunwala Bought a stake. WHY????BOUGHT....75 LAKH SHARES(1.02 %) in (Dec 2010)REASON 3 IFCI is one of the promoter of NSE Holds 5.44% stake in NSE (worth 6 billion rupees)
7. REASON 4 IFCI is a promoter of TFCITOURISM FINANCE CORPORATION OF INDIA (TFCI) LTD.
14. NEW BANKING LICENSE....UPCOMING NEWSIFCI a strong contender.INVESTMENT THEME Tried for license in year 1992 but did not get....................................................................but this time IFCI will get it.... IT WILL TURN THINGS AROUND......BUY IFCI ...target 100
15. Number tells the story!A 12 per cent rise in profit to Rs 153 crore for the third quarter ended December 30, 2010.(last year PAT 136 crore)The company's total income rose to Rs 637 crore in Q3 of FY2010-11 from Rs 385 crore (rise by 65.4%)The company registered a 11 per cent jump in net profit to Rs 473 crore in the first nine months of the ongoing fiscal from Rs 427.6 crore in the corresponding period of the previous year.
16. Number tells the story!4) Sanctions during the nine-month period grew by 145 per cent to Rs 10,920 crore, as against Rs 4,455 crore in the same period a year ago.5) Loan disbursements rose by 80 per cent to Rs 6,038 crore from Rs 3,346 crore in the corresponding period of the previous year.