Rule 144 determines the time to quadruple investments at a given rate of interest. This is twice the Rule 72, where dividing 72 by the interest rate gives the doubling time.
IDFC First Bank shares slide 4% on posting 58% YoY decline in Q4 profit. Should you buy, sell or hold?
IDFC First Bank’s shares are under scrutiny following a 58% YoY drop in Q4 net profit, attributed to a decline in its microfinance loan portfolio.