It looks like the investment at 45 Rs per share at IDFC being the low level (now 42 Rs is the 52 wk low) has worked out very well with IDFC touching new highs and now firmly at 80+, it also looks like IDFC can likely consume its 4000 cr by engaging that amount as a primary investment into IDFC First Bank. All in all has turned out to be a great investment. It actually was available at 13 Rs per share (half of what it sold its MF business for in 2022) during Covid lows and now has gone up 6x !!
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