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BSE Sensex rises in choppy trade
Analysts' corner
IDFC Reco price/date: Rs 116/May 21; Current/Target price: Rs 120.4/Rs 147 IDFC has delivered strong performance on growth and margin front. Expected monetary easing and reformatory steps by the government would be major catalysts in further improving the growth and profitability outlook. Healthy asset quality track record and prudent provisioning policy makes IDFC better placed compared to its peers
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