Technical analyst Ashutosh Sarna has maintained 'buy' rating on Infrastructure Development Finance Company Limited (IDFC) stock with a short term target of Rs 165.
According to analyst, the investors can buy the stock with a stop loss of Rs 135.
The stock of the company, on March 04, closed at Rs 148 on the Bombay Stock Exchange (BSE).
Current EPS & P/E ratio stood at 8.37 and 17.28 respectively.
The share price has seen a 52-week high of Rs 218.20 and a low of Rs 124.70 on BSE.
IDFC has decided to lift around Rs 2,172 crore via long-term infrastructure bonds.