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7/14/10

IDFC has target of Rs 219: Pandey - CNBC-TV18 -

IDFC has target of Rs 219: Pandey - CNBC-TV18 -

IDFC has target of Rs 219, says Pankaj Pandey, Head of Research, ICICIdirect.

Pandey told CNBC-TV18, "The two top stocks from our coverage universe would be Oriental Bank of Commerce. What we are expecting is that this bank would do well in terms of stabilization of NIIM’s around 3%, although we are not expect much of a profit growth. The other would be IDFC. We have a target price of Rs 219."

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