So now are we saying that Fortis wont be next Apollo? What can be the price target say two years timeframe?...

Buy the stock, open offer is still pending...

u think mf`s are not aware of this stock. dear where is the liquidity in this stock. how do u expect mf`s to buy big quantities and also sell them at higher prices. ...

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 :)...

really one has to wait and see, whether history is reflected in future...

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....

vrn179210, 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. ...

problem with health sector is we feel that they will keep growing. remember what happened with telecom sector. due to competition rates came down. same will hapen in healthcare. so many hospitals coming up at same time similiar to mall. so don`t get carried away....

can any anybody tell me, what was earlier name of this company?...

that`s the fun. we forget all big company now like bhushan steel capital where smaller then pennar. see bhushan steel is now. you have two option. catch this company small & forget. or wait for this company to become big & then buy share. Now bhushan steel is big, can you dare to buy?...

you are forgetting one thing, this stock was trading at Rs2 to Rs10 range during its BIFR. so people who must have invested in this stock must be booking profit. see its results. If you are happy with its result, be with it. every where we hear about infrastructure growth in country. this company iam sure will benifit from it. so just be patient. as mutual fund will start understanding the potential of this stock, the price will shoot up. that`s the fun of this market....

one 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. ...

tell 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....

i 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....

i am really surprise a investor talking of tARGET 40 IN 0NE MONTH. WHY not bigger picture over period of two years. one great thing about pennar is that it is in growth sector. whenever the jump is there it will be a great jump. Rs 40 target is nothing. ...