As of today Aug-10
IDFC price – 118.35
Idfc first Bank – 87.5
The switch will cost only 14.7% gain as on today. So if we include taxes on this some might gain and some might not gain on this.
But if we add fresh onto IDFC it will be give you additional gains once merger happens since the swap ratio favours IDFC holders
Disc : Invested in both
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