Positive on IFCI: Gajendra Nagpal

Gajendra Nagpal, CEO, Unicon Financial Solutions, in a chat with ET Now talks about IFCI.

What's your view on IFCI.

IFCI has a historic opportunity now available to it and obviously the fancy that we have seen in the other financial services space, particularly the banks and there have been a lot of buzz that market probably wants to believe that there is a foregone confusion that IFCI would be granted a license and they at the moment are best poised because the company has turned very smart over last few years and the number of people working for the companies have come down. This has been a very professional management, there have been lot of internal restructuring that has happened in the company. so IFCI has all set to be in that league with other competition of IFCI has reached. So in that sense, I would be positive on the stock from the medium to long term standpoint.