Results 1 to 7 of 7

Thread: Any good pick from banking sector now?

  1. #1
    PolicyWala NewBie
    Join Date
    Aug 2009
    Location
    India
    Posts
    18

    Question Any good pick from banking sector now?

    Any good pick from banking sector? Bankex is down due to downgrade of SBI Rating by Moody. My few picks -
    1- ICICI Bank ( Moody upgraded the rating to C-)
    2- Dena Bank
    3- Yes Bank
    4- SBI (Govt. Backing and largest)


    Your views!



  2. #2
    Administrator
    Join Date
    Apr 2009
    Location
    Chennai
    Posts
    255

    Default

    I would go for Axis and SBI (old is gold).
    You will pick up maximum wrong numbers when on roaming.

  3. #3
    PW Stalwart Master's Avatar
    Join Date
    Feb 2009
    Location
    Mumbai
    Posts
    438

    Default

    Go for SBI, Yes Bank for min 2 years time frame, both are good.

  4. #4
    PW Stalwart Master's Avatar
    Join Date
    Feb 2009
    Location
    Mumbai
    Posts
    438

    Default

    At the current price ICICI (Rs. 735) would give you min 10-15% return in short term.

  5. #5
    NewBie
    Join Date
    Dec 2011
    Location
    tihar
    Posts
    22

    Default

    My top picks in bank with reasons

    1::SBI(Just for being the leader but dont touch unless it goes around 1400 levels as bad npa have still not come in result but surely it will)

    2::Axis bank(Trying to peep up in pvt players)

    3::Icici Bank(WHen sector is up this stock jump by leaps and bound)

    4::Hdfc bank(strongest bank fundamentally but valuation still expensive)

    5: dcb and karnataka bank(purely a hostile bid companies)

    6::Canara bank(stock have fallen a lot in public space)

    7::Yes ,karur vysya, or j&k bank(for niche sector performing well)

    8::Union bank ,dena and uco(Almost upto 10% profit but trading around 52 weeks low level...can be invested but keep a watch)

    9::BOB,PNB,BOI(strong banks in public sector but still trading at high levels)

  6. #6
    PW Stalwart Manish_Kumar's Avatar
    Join Date
    Apr 2009
    Location
    Patna
    Posts
    268

    Default

    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.

  7. #7
    NewBie
    Join Date
    Dec 2011
    Location
    tihar
    Posts
    22

    Default

    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.


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •