IDBI
Posted by :
insight95inKeep a stop loss 131 and super hot sell, down side below 122 target 111 or below. Weekly Trend Decider 1126....
IDBI stock target
Posted by :
aditya_mca2004Sell at CMP as market are at resistence level.so this stock can go below 120.below 120 its a good buy.sell at current levels...
IDBI stock target
Posted by :
pad67Sell and buy on dips....
IDBI stock target
Posted by :
Guest
Good evening,
I have bought IDBI Bank at 128. Wanted your opinion for the stock target for the month November 09`. Is holding a good option or should i sell it and wait for buy on dip. Thanx...
First FM then RBI!
Posted by :
ThemanFirst it was FM who presented a let down, lacklustre, directionless budget. Allotting bulk to schemes under which nothing comes thru` in reality: roads, wells, borewell etc. To such an extent beneficiaries cannot consume in an year. Then it is Guv/RBI. Never a banker. He is a babu, an IAS one. A former Finance Secretary. Now he dictates terms to all the banks, public sector and private. Increased provisioning from 24% to 25%, 0.4% to 1%, NPA thing. What not. No wonder banking scrips crashed. The sector was being re-rated when he made public his quarterly policy. So, instead of going up, the sector crashed even as he was fielding questions in a press conference. In place of doing it just before the expiry, he could have as well done it after, ie, on the Friday. The losses could have been mitigated. So much for professionalism. This happens only in India....
IDBI NOV FUTURES
Posted by :
jarinWho is dumping IDBI. Please check bulk deals if you can/have spare time...
IDBI NOV FUTURES
Posted by :
shipelangoI had a long position of IDBI Nov Futures 09 at Rs.130. Please advise...
compare book value.
Posted by :
swagal
RBI - Just to correct your perception about RBI...
RBI WAS renowned world over because it was governed by YV Reddy who cared a foot for Politician’s, especially the countries Finance Minister and the guys from the Finance Ministry licking the Finance Minister.
But currently RBI is governed by one who cherishes following dictates from Finance Ministry instead of doing what is in the interest of the nation. Infact he was with Finance Ministry before taking over the reins of RBI.
So don’t be surprised if India ends up messing up royally under this governor :)...
compare book value.
Posted by :
vm179210one more thing i would like to suggest, psu doesn`t mean inferior. most of the past employee of psu are working in pvt banks. Also RBI is PSU but is renowed world over for its governess. so just remove that mind set. today you go to icicic bank branch you will see huge croud like state bank of India. But at IDBI its a differance as minimum deposit in saving account is Rs10000/- so thay are capturing elite class & are sucessful in it. ...
compare book value.
Posted by :
vm179210tell me why should idbi bring fpo at book value or lower. take book value of all banks & check there current share price. it will be from the range of 1.5 to 3.5. Also idbi has it brand & good position & experaince in Industrail financing. above all it is fast expanding in retail segment....
compare book value.
Posted by :
tara23really one has to wait and see, whether history is reflected in future...
compare book value.
Posted by :
vm179210i agree with you. this is general phenomena. i remember bank of ndia. for long it was hovering at Rs40. similarly icici bank when merge was trading at low value for long time. I feel IDBI will start benifiting now as mainly there branches are to international quality, which we don`t see in most psu banks....
compare book value.
Posted by :
Confused Bull
Hi vm, u said for FPO the price should be at least 1.8 to 2.5 times book value.
On what basis u r making this statement. Plz provide us some refernce....
compare book value.
Posted by :
chchchvrn179210, Time will tell how advantageous separate law governing IDBI Bank. However, eversince the erstwhile IDBI Bank Ltd. was merged with IDBI (the present IDBI Bank) and merger of another bank etc., many boarders here were predicting that the present entity will shoot up to Rs.500/- or Rs.1000/- etc. within 2 or 5 years etc.etc. So, let us wait for another year or two to see what happens to this scrip. ...
compare book value.
Posted by :
vm179210that the problem in thinking. IDBI is governed by seperate law. This is going to make idbi more advantage then other. just see around who is expanding. do you see BOR or INdus Ind or Yes bank expanding, or IDBI expanded. every nook & corner IDBI is coming up that to with good look effect. In pvt sector thee is scope of keeping thing under carpet. In psu its very difficult that why Fii,s trust psu more then pvt....



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