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Revision History For: IFMX - Short term Target Price:

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Return to IFMX - Short term Target Price:
 
The last couple of days IFMX has been running upto 24.5
only to retreat to 23 odd.
I think 25 would be a good price to exit out of IFMX -
In the long run I see it reachinging the 30's but that
is not going to happen till end of this year or early next
year and the downside risk between now and then is
quite high as the P/E would be in the high 30's and
P/Rev would be over 4.

Any opinions?

Srini