Earlier known as DalalStreetBulls

SEBI (Research Analyst) Registration Number: INH200004471

9 May 2017

IDFC Bank - The next HDFC Bank?



After our previous articles on Bank Nifty Valuations and PSU Bank Valuations we received some interesting emails and queries from our readers asking us if we saw IDFC Bank as the next HDFC Bank or Yes Bank. IDFC Bank trades in the range of Rs 60 to 65 currently and this low price coupled with the “Private Bank” tag makes investors wonder if this stock can deliver 50 to 100 times returns over the next 10 or 15 years. We went in depth and did a lot of number crunching to come up with this report on IDFC Bank which we have shared with our subscribers. We have advised our clients to ignore the stock, that is – Don’t Invest in it. As a disclaimer, we might be biased as our old clients continue to hold Yes Bank from Rs 367 – 375 levels as suggested in 2013.
Click on the link below to read extracts from the original report on IDFC BANK.