Another update on TFCI:

As per our sources, Valuations report has been submitted which will decide reserve price for eAuction.

Further there shall be extremely aggressive bidding not only by Domestic institutions but also by overseas institutions

Selling by IFCI in open mkt is almost over( stock price didn't rise to 3 digits as IFCI was selling aggressively)

We expect TFCI to touch 3 digit in 1-2 weeks

Instead of looking for new stock everyday, Investors will be wise to add TFCI even at cmp. Investors may remember that after our rpt recommendation, PFC gave super appreciation in short time. Gain from TFCI shall be much much higher