Techno-Funda call: IFCI

The main trigger for the stock could be the process of inducting a strategic investor, who would invest fresh funds and unlock the value of the company. This will add on to the premium to the current stock price. The strategic investor should assign a higher value to IFCI [ Anand Rathi is expecting Rs75-Rs80 per share], which could lead to rise in stock prices. Investors can buy at current price with limited downward risk and reasonable returns in medium term

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