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Allahabad Bank
Upper limit of ALBK
Posted by :
vjggTracked by: 0 Boarder
Please let me know the potential rate in near future..I have bought about 400 share with Rs34 per share...
buy buy buy buy ... target 85 short term
Posted by :
manika123Tracked by: 0 Boarder
if you r so much confident then invest all ur money for 1 week then take out...
In reply to:
buy buy buy buy ... target 85 short term
Posted by :
Guest
hi friends
this stock has witnessed a bottoming out and great consolidation.
now its the time to fly ...higher and higher.....
leading mfs are having huge investment in this stock........ fund action to start soon in a very high level......
buy in huge quantities this week and you can reap profits of 30-40% next week.
can even test 100 levels if market stays positive too......
target of 75-85 irrespective of market swings
buy buy buy buy ... target 85 short term
Posted by :
GuestTracked by: 0 Boarder
hi friends
this stock has witnessed a bottoming out and great consolidation.
now its the time to fly ...higher and higher.....
leading mfs are having huge investment in this stock........ fund action to start soon in a very high level......
buy in huge quantities this week and you can reap profits of 30-40% next week.
can even test 100 levels if market stays positive too......
target of 75-85 irrespective of market swings
...
BSE Announcements on Allahabad Bank
Posted by :
MMB MessengerTracked by: 0 Boarder
Allahabad Bank has informed BSE that the Board of Directors of the Bank at its meeting held on August 08, 2008, has approved upward revision in BPLR from existing rate of 13.50% to 14% w.e.f. August 08, 2008.
However, the above change in BPLR will not be passed on to the existing Housing Loan, Personal Loan, Education and Car / Auto Loan customers. Moreover the above change in BPLR will also be not applicable to the new housing loans up to Rs 30 lacs....
NSE Announcements on Allahabad Bank
Posted by :
MMB MessengerTracked by: 0 Boarder
Allahabad Bank has informed the Exchange that Board of Directors of the Bank in its meeting dated August 08, 2008 has approved upward revision in BPLR (Benchmark Prime Lending Rate) from existing rate of 13.50% to 14% w.e.f. August 08, 2008. However, the above change in BPLR will not be passed on to the existing Housing Loan, Personal Loan, Education and Car / Auto Loan customers. Moreover, the above change in BPLR will also be not applicable to the new housing loans up to Rs. 30 lacs....
NSE Announcements on Allahabad Bank
Posted by :
MMB MessengerTracked by: 0 Boarder
Allahabad Bank has informed the Exchange that "In exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies ( Acquisition and Transfer of Undertakings) Act, 1970/1980, read with sub-clause (1) of clause (3) and sub clause 8 of the Nationalised Banks ( Management and Miscellaneous Provisions ) Scheme, 1970/1980, the Central Government, in consultation with Reserve bank of India, hereby appoints Shri K.R. Kamath as Chairman & Managing Director; Allahabad Bank for a period of five years on and from 02-08-2008 or until further orders whichever is earlier"....
BSE Announcements on Allahabad Bank
Posted by :
MMB MessengerTracked by: 0 Boarder
Allahabad Bank has informed BSE that in exercise of the powers conferred by clause (a) of sub-section (3) of section 9 of the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 / 1980, read with sub-clause (1) of clause (3) and sub clause 8 of the Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970 / 1980, the Central Government, in consultation with Reserve Bank of India hereby appoints Shri. K R Kamath as Chairman & Managing Director, Allahabad Bank for a period of five years on and from August 02, 2008 or until further orders whichever is earlier....
allahabad bank
Posted by :
mcmcxadTracked by: 0 Boarder
Check the record date and compare it with your date of purchase.
you shall have your answer.
Regards...
In reply to:
allahabad bank
Posted by :
kavitasingh200
I have purchased 150 shares of allahabad bank 1 month before from now.Will i will receive any bonus shares or dividend
allahabad bank
Posted by :
kavitasingh200Tracked by: 0 Boarder
I have purchased 150 shares of allahabad bank 1 month before from now.Will i will receive any bonus shares or dividend...
Dividend.
Posted by :
diliphmTracked by: 0 Boarder
Yes.I received the Dividend thru' direct credit in my a/c on 17/07/08....
In reply to:
Dividend.
Posted by :
rkul1
Have you received dividend?
Dividend.
Posted by :
rkul1Tracked by: 0 Boarder
Have you received dividend?...
NSE Announcements on Allahabad Bank
Posted by :
MMB MessengerTracked by: 0 Boarder
Allahabad Bank has informed the Exchange that the auditors have conducted the limited review of the unaudited financial results for the Quarter ended on June 30, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
Buy Allahabad Bank.
Posted by :
truechartsTracked by: 0 Boarder
Yes ...I agree and that the target of 73 is almost attainable.
But we may see Expiry induced appreciation as well as depreciation for the short term. Howeever 73 is very much reachable by next week.
Rgds
Truecharts...
In reply to:
Buy Allahabad Bank.
Posted by :
mcmcxad
65 is very conservative.. as the target as given by a leading brokerage house is 73...
Target Rs130/-
Posted by :
EMCEETracked by: 0 Boarder
Dear Investors
Reproduced below the target set by Emkay Global along with the reasoning.Go out and
QUOTE
Emkay Global Financial Services has maintained its buy rating on Allahabad Bank with a target price of Rs 130 in its July 18, 2008 research report. "Allahabad Bank reported a net profit of Rs 934 million for Q1FY09, inline with our expectations. However, the NII at Rs 5.0 billion was well above our’s as well as market expectations. The better than expected NII performance was driven by better yield on investments and lower contraction in advances yield. The other income at Rs 1.1 billion was in line with expectations."
"At the current valuations, the stock is quoting at 2.4x FY10E EPS and 0.5x FY10E ABV. We maintain our BUY recommendation with price target of Rs 130. We believe that the valuations of the stock are attractive looking at average RoE of 16.8% over FY08-10E," says Emkay's research report
UNQUOTE
Happy Investing...
Buy Allahabad Bank.
Posted by :
mcmcxadTracked by: 0 Boarder
65 is very conservative.. as the target as given by a leading brokerage house is 73......
In reply to:
Buy Allahabad Bank.
Posted by :
truecharts
Allahabad Bank is waiting for a strong upside soon. Target 65.
Truecharts
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