I am not a believer of predicting future in numbers …We should keep an eye on direction and momentum…and if any one of these go wrong then we can always exit the stock…
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but still if we want to get a rough idea then my assumption would be like this,
going by current QoQ growth and applying a 25% growth on that IDFC First may increase its AUM by around 1.20 lakh crores in next 3 years…considering a conservative profit of 9000, the bank will need to raise 6000-7000 Cr. …at average price of 100 Rs number of shares will increase to 690 crores…
With a profit estimate of 4500 Cr. for F.Y. -25, EPS would be 6.5 rs and with a P/E of 30, stock price can be 195-200…
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