StrategicAlpha

IDFC Ltd- Nearing LongTerm Channel Breakout

Long
NSE:IDFC   IDFC LTD
IDFC has not Created any value for its shareholders in past 14 Years, However stock is trading at a inflection point Currently. Will we see the channel breakout here in IDFC? Only time will tell. However Interesting times are ahead for IDFC Ltd.
Management has talked about shareholder value creation few days back and they are serious about divestment of AMC Business, this will be value assertive for IDFC Ltd.

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