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Moneycontrol >> Messageboard >> Stocks >> Allahabad Bank
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Allahabad Bank

Belongs to: Banks - Public Sector
BSE: 532480
NSE: ALBK
62.55  -1.85 (-2.87)
Volume: 253727
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19 Aug 2008 11:36

Upper limit of ALBK

Posted by : vjgg
Price when posted : BSE: Rs 62.55 ( -0.48 % ), NSE: Rs. 62.70 ( -0.32 % )
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Please let me know the potential rate in near future..I have bought about 400 share with Rs34 per share...

11 Aug 2008 20:16

buy buy buy buy ... target 85 short term

Posted by : manika123
Price when posted : BSE: Rs 67.15 ( 2.83 % ), NSE: Rs. 67.15 ( 2.91 % )
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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

11 Aug 2008 15:33

buy buy buy buy ... target 85 short term

Posted by : Guest
Price when posted : BSE: Rs 67.05 ( 2.68 % ), NSE: Rs. 67.05 ( 2.76 % )
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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
...

08 Aug 2008 13:57

BSE Announcements on Allahabad Bank

Posted by : MMB Messenger
Price when posted : [Allahabad Bank - BSE:Rs. 64.80 NSE:Rs. 64.75 when posted]
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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....

08 Aug 2008 13:31

NSE Announcements on Allahabad Bank

Posted by : MMB Messenger
Price when posted : [Allahabad Bank - BSE:Rs. 65.00 NSE:Rs. 65.10 when posted]
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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....

04 Aug 2008 10:14

NSE Announcements on Allahabad Bank

Posted by : MMB Messenger
Price when posted : [Allahabad Bank - BSE:Rs. 60.75 NSE:Rs. 60.65 when posted]
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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"....

02 Aug 2008 14:45

BSE Announcements on Allahabad Bank

Posted by : MMB Messenger
Price when posted : [Allahabad Bank - BSE:Rs. 60.45 NSE:Rs. 60.15 when posted]
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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....

30 Jul 2008 18:11

allahabad bank

Posted by : mcmcxad
Price when posted : BSE: Rs 59.85 ( 2.13 % ), NSE: Rs. 59.75 ( 1.96 % )
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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

30 Jul 2008 11:54

allahabad bank

Posted by : kavitasingh200
Price when posted : BSE: Rs 59.45 ( 1.45 % ), NSE: Rs. 59.50 ( 1.54 % )
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I have purchased 150 shares of allahabad bank 1 month before from now.Will i will receive any bonus shares or dividend...

25 Jul 2008 16:03

Dividend.

Posted by : diliphm
Price when posted : BSE: Rs 61.90 ( -0.08 % ), NSE: Rs. 61.75 ( -0.32 % )
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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?

24 Jul 2008 20:28

Dividend.

Posted by : rkul1
Price when posted : BSE: Rs 61.95 ( -1.59 % ), NSE: Rs. 61.95 ( -1.51 % )
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Have you received dividend?...

24 Jul 2008 12:20

NSE Announcements on Allahabad Bank

Posted by : MMB Messenger
Price when posted : [Allahabad Bank - BSE:Rs. 62.90 NSE:Rs. 62.40 when posted]
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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)....

24 Jul 2008 11:00

Buy Allahabad Bank.

Posted by : truecharts
Price when posted : BSE: Rs 62.00 ( -1.51 % ), NSE: Rs. 62.10 ( -1.27 % )
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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...

22 Jul 2008 17:42

Target Rs130/-

Posted by : EMCEE
Price when posted : BSE: Rs 57.70 ( 0.35 % ), NSE: Rs. 57.70 ( 0.44 % )
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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...

22 Jul 2008 14:40

Buy Allahabad Bank.

Posted by : mcmcxad
Price when posted : BSE: Rs 57.90 ( 0.70 % ), NSE: Rs. 57.85 ( 0.70 % )
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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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News Updates on Allahabad Bank

BSE Announcements on Allahabad Bank - Allahabad Bank has informed BSE that the Board of ...
NSE Announcements on Allahabad Bank - Allahabad Bank has informed the Exchange that Boar...
NSE Announcements on Allahabad Bank - Allahabad Bank has informed the Exchange that "In ...