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Moneycontrol >> Messageboard >> Stocks >> Indian Bank
   You are here :     Moneycontrol     MMB   Stocks   Indian Bank

Indian Bank

Belongs to: Banks - Public Sector
BSE: 532814
NSE: INDIANB
135.95  0.2 (0.15)
Volume: 271019
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06 Sep 2008 21:52

hOld or Sell? 200 share@ 118

Posted by : Leave it.
Price when posted : BSE: Rs 135.80 ( -1.45 % ), NSE: Rs. 135.75 ( -1.27 % )
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Tracked by: 0 Boarder

Dear str2323
have you read the commments of Ind.bank CMD reported in some columns here in this board?
pl. read this:

FY08 will be a tough year for banks: Indian Bank CMD M S Sundara Rajan

Press Trust Of India / New Delhi September 04, 2008, 17:50 IST

Concerned over rising interest rates and slowdown in the economic growth, public sector lender Indian Bank today said that the current financial year will be a tough one for banks.

\\\\...

In reply to:

hOld or Sell? 200 share@ 118

Posted by : str2323

kindly keep this stock and it may go up still further. wait till rs. 165 is the target.
good luck

06 Sep 2008 16:21

hOld or Sell? 200 share@ 118

Posted by : str2323
Price when posted : BSE: Rs 135.80 ( -1.45 % ), NSE: Rs. 135.75 ( -1.27 % )
View full thread (6 messages)

Tracked by: 0 Boarder

kindly keep this stock and it may go up still further. wait till rs. 165 is the target.
good luck...

In reply to:

hOld or Sell? 200 share@ 118

Posted by : Deep Mittal

Hi All,

I am having 200 shares @ 118. IS it gud to hold or shuld i sell it? What si the near future of the stock ?

04 Sep 2008 17:48

hOld or Sell? 200 share@ 118

Posted by : vikasbang123
Price when posted : BSE: Rs 137.80 ( 1.89 % ), NSE: Rs. 137.50 ( 1.59 % )
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This is not the right time to sell PSU banks. You will not get the chance to enter at this price again so early. 170+ is the best level to book profit and then buy again at 135....

In reply to:

hOld or Sell? 200 share@ 118

Posted by : mukut

I agree with Krishnamurthy for booking partial profit and re-entry strategy on correction.

02 Sep 2008 11:25

hOld or Sell? 200 share@ 118

Posted by : mukut
Price when posted : BSE: Rs 132.65 ( 4.86 % ), NSE: Rs. 132.60 ( 4.66 % )
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I agree with Krishnamurthy for booking partial profit and re-entry strategy on correction....

In reply to:

hOld or Sell? 200 share@ 118

Posted by : Leave it.

The scrip is really having inherent strength. It has poste 15 % profit for you now. I feel the price it may be good to sell in four or five lots of your holding and ensure your profit first and buy if the scrip go in for correction.
It is always good to book some profit by selling a part in lots of your choice. the final decision should be always yours for it is your holding and your investment. I repeat that the scrip has it's own strenth to recover the lost ground quickly.
v.krishnamoorthy

02 Sep 2008 10:45

hOld or Sell? 200 share@ 118

Posted by : Leave it.
Price when posted : BSE: Rs 132.20 ( 4.51 % ), NSE: Rs. 132.25 ( 4.38 % )
View full thread (6 messages)

Tracked by: 0 Boarder

The scrip is really having inherent strength. It has poste 15 % profit for you now. I feel the price it may be good to sell in four or five lots of your holding and ensure your profit first and buy if the scrip go in for correction.
It is always good to book some profit by selling a part in lots of your choice. the final decision should be always yours for it is your holding and your investment. I repeat that the scrip has it's own strenth to recover the lost ground quickly.
v.krishnamoorthy...

In reply to:

hOld or Sell? 200 share@ 118

Posted by : Deep Mittal

Hi All,

I am having 200 shares @ 118. IS it gud to hold or shuld i sell it? What si the near future of the stock ?

01 Sep 2008 12:37

hOld or Sell? 200 share@ 118

Posted by : Deep Mittal
Price when posted : BSE: Rs 125.65 ( -0.95 % ), NSE: Rs. 125.80 ( -0.75 % )
View full thread (6 messages)

Tracked by: 0 Boarder

Hi All,

I am having 200 shares @ 118. IS it gud to hold or shuld i sell it? What si the near future of the stock ?...

22 Aug 2008 09:37

NSE Announcements on Indian Bank

Posted by : MMB Messenger
Price when posted : [Indian Bank - BSE:Rs. 113.10 NSE:Rs. 113.00 when posted]
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Indian Bank has informed the Exchange that the Bank has decided to increase the interest rates on Domestic Term Deposites for the period one year to less than two years from 9.50 % to 10.00 % p.a with effect from August 21, 2008. Interest rates in all other slabs and other terms and conditions remain unchanged....

21 Aug 2008 18:17

BSE Announcements on Indian Bank

Posted by : MMB Messenger
Price when posted : [Indian Bank - BSE:Rs. 113.10 NSE:Rs. 113.25 when posted]
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Indian Bank has informed BSE that the Bank has decided to increase the interest rates on
Domestic Term Deposits for the period one year to less than two years from 9.50% to
10.00% p.a. with effect from August 21, 2008. Interest rates in all other slabs and
other terms and conditions remain unchanged....

21 Aug 2008 16:33

BSE Announcements on Indian Bank

Posted by : MMB Messenger
Price when posted : [Indian Bank - BSE:Rs. 113.10 NSE:Rs. 113.25 when posted]
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Indian Bank has informed BSE that E-mail ID of the Bank for the grievance redressal division / compliance officer is:

investors@indianbank.co.in...

18 Aug 2008 05:44

Indian Bank declines further

Posted by : Leave it.
Price when posted : BSE: Rs 110.65 ( -8.63 % ), NSE: Rs. 110.60 ( -8.67 % )
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It is good to go in for buying Indian bank below Rs.100.00.You can accumulate in lots of 25 shares at a fall of 5% from the current rate. There is nothing for 9 more months for any positive news. Negative news are,oil pirce, inflation, bank strike, SBI act amendment, Elections are all there to pull down the index.If these factors contribute 5% , it should shed Rs.20 rupees. So I am a buyer personally from Rs.95 onwards. ie.50 shares for every Rs.5.00 fall.

Like this you can have your reasoning and target to get-in and get out. You are not going to lose anything if you can wait for the wind to blow for your favour.Tomorrow you can see how the market reacts first to the two day srtike. This share falls sharply and also recores speedily.
so patience for our price will pay. It is for you decide the price.

V.Krishnamoorthy...

In reply to:

Indian Bank declines further

Posted by : MMB Messenger

At 12:56 pm, Indian Bank was quoting at Rs 113, down Rs 8.1, or 6.69%. It has touched an intraday high of Rs 122 and an intraday low of Rs 112. It was trading with volumes of 255,449 shares. Yesterday the share closed down 5.13% or Rs 6.55 at Rs 121.10.

18 Aug 2008 01:22

what the target

Posted by : mohanraj
Price when posted : BSE: Rs 110.65 ( -8.63 % ), NSE: Rs. 110.60 ( -8.67 % )
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why you ppl are still waiting asking these question !!!! Share is fluctuating between 110-135... So make some bucks.. dont wait...

In reply to:

what the target

Posted by : Guest

how far can this stock go

15 Aug 2008 10:01

Indian Bank declines further

Posted by : MMB Messenger
Price when posted : BSE: Rs 110.65 ( -8.63 % ), NSE: Rs. 110.60 ( -8.67 % )
View full thread (2 messages)

Tracked by: 0 Boarder

At 12:56 pm, Indian Bank was quoting at Rs 113, down Rs 8.1, or 6.69%. It has touched an intraday high of Rs 122 and an intraday low of Rs 112. It was trading with volumes of 255,449 shares. Yesterday the share closed down 5.13% or Rs 6.55 at Rs 121.10....

13 Aug 2008 20:57

what the target

Posted by : Guest
Price when posted : BSE: Rs 121.10 ( -5.13 % ), NSE: Rs. 121.10 ( -3.93 % )
View full thread (2 messages)

Tracked by: 0 Boarder

how far can this stock go...

13 Aug 2008 11:58

NSE Announcements on Indian Bank

Posted by : MMB Messenger
Price when posted : [Indian Bank - BSE:Rs. 120.85 NSE:Rs. 121.75 when posted]
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Tracked by: 0 Boarder

Indian Bank has informed the Exchange that: "We have been informed by the Indian Banks Association that the All India Bank Employees Association (AIBEA), Bank Employees Federation of India (BEFI) and All India Bank Officers Association (AIBOA) have given a call for observance of a strike on Wednesday, the 20th August,2008 on certain demands. If the strike materializes, a section of the Banks employees may take part in the proposed strike on the said date, in which case, the normal functioning of the branches / offices of the Bank may get affected."...

13 Aug 2008 11:36

BSE Announcements on Indian Bank

Posted by : MMB Messenger
Price when posted : [Indian Bank - BSE:Rs. 120.85 NSE:Rs. 121.75 when posted]
View full thread (1 messages)

Tracked by: 0 Boarder

Indian Bank has informed BSE that the Indian Banks Association that the All India Bank Employees Association (AIBEA), Bank Employees Federation of India (BEFI) and All India Bank Officers Association (AIBOA) have given a call for observance of a strike on August 20, 2008 on certain demands. If the strike materializes, a section of the Banks employees may take part in the proposed strike on the said date, in which case, the normal functioning of the branches / offices of the Bank may get affected....

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