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IDFC Bank from IDFC, valuation and future earnings.
Has someone done an analysis of what will be the price of IDFC bank one year or two years on from the share being issued 1:1 for IDFC? Price / book one would get for IDFC bank would be less than around 1.2. HDFC bank trades around 4 times book. Even if IDFC bank takes three to five years to achieve that, seems to be a good long term bet. Would request counter views or other analysis on this