Street Talks : IDFC

* Is it IDFC (CMP: Rs154) is in attractive level? A leading broker is expecting PAT Rs.170.40 cr. Which is reasonable to achieve because IDFC is improving it's operating profit margins Q on Q basis. According to the report, IDFC, Q4FY08 net operating income are expected to go up 101.2% at Rs 316.1 crore (Rs 3161 million) on YoY basis. During the same quarter, its net profit is seen up 83.3% at Rs 170.4 crore (Rs 1,704 million), YoY basis. The Central government holds 20% in IDFC equity. IDFC may shoot up to Rs.200 in coming days.