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Thread: Any good pick from banking sector now?

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  1. #1
    PW Stalwart Manish_Kumar's Avatar
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    SBI - Not sure about 1400, but good pick at 1500

    Any input on Kotak Bank - Best bank and declined very less compared to it's peers.
    Last edited by Manish_Kumar; 22-12-2011 at 03:40 PM.
    Everyone has a scheme of getting rich.. Which never works.

  2. #2
    NewBie
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    Quote Originally Posted by Manish_Kumar View Post
    SBI - Not sure about 1400, but good pick at 1500
    Any input on Kotak Bank - Best bank and declined very less compared to it's peers.
    Kotak is also good bank.Last quarter net profit was above 15 which is very good.

    But valuation wise its trading at 450+levels.

    And its 52 weeks low level is 330.In this uncertain time ill bet a stock near or trading at those levels.And axis looks more near to those 52 weeks low level than kotak.

    Also dividend wise kotak looks chindi paying 50 paise per share dividend compare to 14rs per share by axis.Ill bet on axis more than kotak.

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