Thursday, May 6, 2010

IFCI: A Breakout, But Will it Ever Reach Old Glory?

IFCI: (BSE: 500106 | NSE: IFCI)
At first looks, the quarterly growth – both sequential and YoY - is impressive here, but the important question is whether net profit’s breakout from the 100s to the 200s will also prove to be a breakout from the last six quarters’ seesawing of dips and recoveries, to head on to pre-2008 glory when net played in the 600s.

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