Technical analyst Aswani Gujral is of the view that IDFC has target of Rs 245.

Mr. Gujral told that the investors should purchase IDFC stock on every fall with a stop loss at Rs 170.

Today, the stock is hovering near Rs 190, up (2.7%) on the Bombay Stock Exchange (BSE), which is giving proof that the stock has the capacity to break its earlier records.

Buy the stock and see the difference in the coming days. The IDFC stock will really outperform the market.

On increased net interest income, IDFC has registered a 31% percent increase in its profit for the first half (April- September) ended September 30, 2007. Net interest income for the period rose 55%, while non-interest income was Rs. 293.00 crores, up 92% from Rs. 153.00 crores for the six months ended September 30, 2006.

Infrastructure Development Finance Company (IDFC) offers project finance and investment banking services for infrastructure initiatives in financial markets; asset management; project development; and advisory services. It also provides debt financing for infrastructure projects including energy, transportation, telecommunication and IT, and industrial and commercial infrastructure sectors.