Rajesh Jain of Pranav Securities believes that it’s beneficial to hold Industrial Finance Corporation of India, IFCI at the moment. IFCI is a slow mover, but it has lots of potential to go up.

Jain told, "In the best of situation, if everything goes the right way then IFCI could give you almost a 50% gain from this point. If you look at the portfolio that IFCI has to offer to an investor at this point, there are NPs for which recoveries have started you could almost raise Rs 2,000-2,500 crore out of that. The hidden real estate value put anywhere between Rs 3,000-4,000 crore."

He further added that the recoveries have already been made. The company has not turn leading for last so many years so there are no new fresh loan portfolio to be taken care of except the old one.

“You are getting financial sector player into it. The 26% stake will hopefully bring in new management thinking into the setup and this could be the revival for the company. So, on a long term perspective, we could look at gains even beyond the 50% that’s been talked about. But just the raise for this 26% stake could see the stock getting closer to the 3-digit mark during this period and hence certainly it warrant staying into the stock and you have to be nimble on you’re feet you will have to take a call as the news unfolds and take your gains at that point but yes you can look forward to holding this stock very hopefully,” he added.