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Thursday, 6 April 2017

FY18 to be landmark: TFCI 

TFCI is slated to report LIFETIME HIGH NP FOR FY17. HOWEVER FY18 WILL BE LANDMARK YEAR AS TFCI NP CAN BE IN 3 DIGITS

*Q4 PAT to rise 700%*

TFCI should report NP of 23-24 cr vs 3.25 cr, whopping rise of 700%. *This will also be lifetime highest ever quarterly profit*

TFCI has also shifted from leased premises to self-owned building which not only will *save significant rental cost* but offer big scope for in-house expansion

Stock has almost bottomed out and poised to  make new 52 week /all-time high next week.

We are confident that the day advertisement about eAuction comes, stock can be UC even before bidding starts

TP Rs 105-115 by April-end

      Rs 200 by Dec 2017

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