InvestorQ : what future does IFCI hold?. Is it better to hold the stocks for a longer period?
SRIDHARAN made post

what future does IFCI hold?. Is it better to hold the stocks for a longer period?

Answer
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3 months ago


I am not sure what you can really achieve by holding IFCI for a longer period of time. It has been a typically speculative stock for a long time and hence has limited visibility. The company has wound up its loan book and the only thing it has is the investments made during the old days. There is not business rationale for buying the stock but if you want to speculate on the stock in a range of Rs.3 to Rs.12, you can always do that.