Buy IFCI LTD @ 6 with target of Rs. 15 ++ then 20 for Long Term (1 Year +)

                                                IFCI LTD

IFCI LTD'S PRESENT PRICE IS AROUND RS. 6  IFCI'S BOOK VALUE IS RS. 27 

IFCI's PRESENT MARKET CAP IS ONLY RS. 1150 CORE 

AND NETWORTH OF THE COMPANY IS 5000 CRORE + + 

IFCI IS A NBFC GOVT.  COMPANY (GOVT STAKE 61%) LIKE PSU BANK

IFCI'S ONE OF THE SUBSIDIARY NAME STOCKHOLDING CORPORATION (IFCI HOLDS 52.86%) IS HAVING BROKERAGE BUSINESS & STAMP PAPER DISTRIBUTION IN ALL INDIA

STOCK HOLDING CORPORATION HOLDS 5% STAKE IN NSE (VALUE AROUND 1000 ++) CRORES

Incorporated on July 01, 1948, through a special Act of Parliament, IFCI is the oldest development Financial Institution of India. The constitution of the company was changed from a statutory corporation to a public limited company in 1993. Subsequently, the name of the company was also changed to its present name with effect from October 1999. IFCI has been categorized as Systemically Important Non-Deposit taking Non-Banking Financial Company (NBFC-ND-SI) by the Reserve Bank of India in FY08 GoI holds 61.02% equity shares in IFCI as on June 30, 2020.

Stock Holding Corporation of India Limited is India's largest custodian and depository participant, based in Mumbai, Maharashtra. SHCIL was established in 1986 as a Public Limited Company and is a subsidiary of IFCI. SHCIL is known for its online trading portal, with investors and traders

·        Trusted by over 5+ crore customers in India and abroad

·        Wide network of 200+ branches and growing

·        Premier custodian of India

For more details visit the following sites.

https://www.ifciltd.com/

https://www.stockholding.com/