DFC aspires for diversification and financial inclusion
Mumbai: IDFC was quoting at Rs 122.30, down by Rs 2.65, or 2.12 per cent. The 52-week high of the share was Rs 165.45 and the 52-week low was Rs 76.25. At current value, the price-to-book value of the company is 1.37. IDFC also expects to see some compression in the banks earnings in the near term.
Official reports also stated ‘IDFC aspires for diversification and financial inclusion.’ The stock's price-to-earnings (P/E) ratio was 9.53. The latest book value of the company is Rs 88.76 per share.
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