Excellent Buy:TFCI

TFCI has reported good nos for Q1

Q1 PAT stands at 22 Cr Vs 17.20cr

EPS is 2.73

*Q1 NP is highest ever*

TFCI CAN REPORT EPS OF 13 FOR FY18

*STOCK IS TRADING @ PERATIO OF 8.15 AND 1.49XBOOK*

Most Undervalued NBFC
Stock still trading below 52week high of 118

Disinvestment by IFCI has been delayed a bit but is on course ( should happen next month)

TFCI TP Rs 250-300 in 2018