Friday, November 20, 2020

IDFC | Stock to Buy | Potential Price Outlook

 

IDFC LTD

Stock/Share Price: 32.65


➽ In this article we will discuss recent development in the StockShare of IDFC in the Stock Market. A high dividend yield company available near half of its valuation.

Recent Key Strengths

Company with No Debt

Increasing profits every quarter for the past 2 quarters

Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Recent Results : Growth in Operating Profit with increase in operating margins (YoY)

Companies with rising net profit margins - quarterly as well as TTM basis

Strong Momentum: Price above short, medium and long term moving averages



Recent Weaknesses

Inefficient use of assets to generate profits -

ROA declining in the last 2 years

-15.7% returns for Nifty 500 over 1.9 years

High PE with Negative ROE

Annual net profit declining for last 2 years

Book Value Per Share deteriorating for last 2 years



Technical Chart 


IDFC stock is in continuous uptrend from the level of 13 and making higher high and higher low .Make long position for the potential upside level of 38 in the short term.


Recent Valuation Summary


Recent Financial Summary





Thanks for your Precious Time.


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Disclaime
r- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader,user and company that are mention on this website.We are not SEBI registered financial advisor or analyst.


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