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

Dena Bank

Belongs to: Banks - Public Sector
BSE: 532121
NSE: DENABANK
45.80  -0.9 (-1.93)
Volume: 332736
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04 Sep 2008 21:43

Last Few days before 39 levels

Posted by : investor11
Price when posted : BSE: Rs 46.65 ( 1.30 % ), NSE: Rs. 46.70 ( 1.30 % )
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Gov and RBi are oppose to entry of foreign banks from april 2009,these sleeping PSU get breather thay do not have to copmete.UR target of 38 before this expiry looks realistic....

In reply to:

Last Few days before 39 levels

Posted by : Ilhan

Dena Bank crossed 46.15 on 2 Sep 2008

04 Sep 2008 21:40

Last Few days before 39 levels

Posted by : investor11
Price when posted : BSE: Rs 46.65 ( 1.30 % ), NSE: Rs. 46.70 ( 1.30 % )
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Gov is oppose to forign bank entry from april 2009,these PSU bank will not rise for competetion hence ur target of 38 by this expire looks realistic....

In reply to:

Last Few days before 39 levels

Posted by : Ilhan

Dena Bank crossed 46.15 on 2 Sep 2008

04 Sep 2008 19:45

good buy

Posted by : greedy_one
Price when posted : BSE: Rs 46.65 ( 1.30 % ), NSE: Rs. 46.70 ( 1.30 % )
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now that inflation has been announced at 12.34% vs 12.40% last week tomorrow will be another day for banking to shine.dena bank is very low priced and available at price to earnig of less then 4 (cmp 46.75).its a must have for any portfolio...

03 Sep 2008 04:13

Last Few days before 39 levels

Posted by : Ilhan
Price when posted : BSE: Rs 46.05 ( 5.26 % ), NSE: Rs. 46.10 ( 5.61 % )
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Dena Bank crossed 46.15 on 2 Sep 2008 ...

In reply to:

Last Few days before 39 levels

Posted by : invester123

Technically scriept may fall below 38 before expiry

02 Sep 2008 20:35

yes

Posted by : investor11
Price when posted : BSE: Rs 46.05 ( 5.26 % ), NSE: Rs. 46.10 ( 5.61 % )
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Dena bank may not even cross 50+ it may happen only if inflation cools down considerably and statement comes from new RBI gov regarding not hiking REPO and CRR in near future.There are many better players around in the same sector available at much better price.Only beacause of big lot size it is speculator choice script....

In reply to:

yes

Posted by : Guest

yes both of U are right infact this morning in a group discussion it was project that Dena will go up to around 70 (+/- 10%) till the end of sept or max by mid Nov . this bank has very strong base and is known for its realistic projection and now the news about the tie-up with SBI only proves all indicators right

02 Sep 2008 15:28

yes

Posted by : Guest
Price when posted : BSE: Rs 45.85 ( 4.80 % ), NSE: Rs. 46.00 ( 5.38 % )
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yes both of U are right infact this morning in a group discussion it was project that Dena will go up to around 70 (+/- 10%) till the end of sept or max by mid Nov . this bank has very strong base and is known for its realistic projection and now the news about the tie-up with SBI only proves all indicators right...

02 Sep 2008 15:13

55-60

Posted by : Guest
Price when posted : BSE: Rs 46.30 ( 5.83 % ), NSE: Rs. 46.35 ( 6.19 % )
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Dear All , dont be suprised to see Dena bank at around 55 to 60 by the end of september it is fair price to enter in...

02 Sep 2008 14:37

dena bank scopes for future

Posted by : NavinMalhotra
Price when posted : BSE: Rs 46.40 ( 6.06 % ), NSE: Rs. 46.90 ( 7.45 % )
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Def dena bank is very strong script. Infact the price at which it is selling at the current time, it is MUST BUY script. In past also dena bank has shown that it can go up and touch the levels of 85-95. I also have faith in this script and suggest for buying it for now. In the coming times it will move upwards....

In reply to:

dena bank scopes for future

Posted by : invester123

Bank is very solid but prices shall definately plunge,huge risk of losses like vijaya bank in next QTR ! buy to see further lows in few week !

02 Sep 2008 11:49

dena bank scopes for future

Posted by : vkk43
Price when posted : BSE: Rs 44.70 ( 2.17 % ), NSE: Rs. 44.60 ( 2.18 % )
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Whether there is a merger or not, you are right, this is a good scrip and should find support around 40/-....

In reply to:

dena bank scopes for future

Posted by : Raki

Merger news is there for years now..... I dont think it is going to happen.... Even otherwise, this is a good scrip...

02 Sep 2008 11:43

dena bank scopes for future

Posted by : Raki
Price when posted : BSE: Rs 44.50 ( 1.71 % ), NSE: Rs. 44.60 ( 2.18 % )
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Merger news is there for years now..... I dont think it is going to happen.... Even otherwise, this is a good scrip......

In reply to:

dena bank scopes for future

Posted by : debug7000

with whick bank dena bank will merge

01 Sep 2008 12:23

dena bank scopes for future

Posted by : invester123
Price when posted : BSE: Rs 42.90 ( -2.39 % ), NSE: Rs. 42.90 ( -2.39 % )
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Bank is very solid but prices shall definately plunge,huge risk of losses like vijaya bank in next QTR ! buy to see further lows in few week !...

In reply to:

dena bank scopes for future

Posted by : Guest

dena bank is solid bank. now it is traded its 50% low from his high. so it is the right time to enter the scrip. it will go above 50 very soon within weeks time. so have a paitence. merger new of the bank can give a big boost to the scrip.

01 Sep 2008 12:21

dena bank scopes for future

Posted by : debug7000
Price when posted : BSE: Rs 42.85 ( -2.50 % ), NSE: Rs. 42.85 ( -2.50 % )
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with whick bank dena bank will merge...

In reply to:

dena bank scopes for future

Posted by : Guest

dena bank is solid bank. now it is traded its 50% low from his high. so it is the right time to enter the scrip. it will go above 50 very soon within weeks time. so have a paitence. merger new of the bank can give a big boost to the scrip.

31 Aug 2008 10:06

dena bank scopes for future

Posted by : Guest
Price when posted : BSE: Rs 43.95 ( 7.72 % ), NSE: Rs. 43.95 ( 8.38 % )
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Tracked by: 0 Boarder

dena bank is solid bank. now it is traded its 50% low from his high. so it is the right time to enter the scrip. it will go above 50 very soon within weeks time. so have a paitence. merger new of the bank can give a big boost to the scrip....

26 Aug 2008 12:36

buy and hold -will rise at abt 50

Posted by : ninadninja
Price when posted : BSE: Rs 43.15 ( -0.80 % ), NSE: Rs. 43.15 ( -0.92 % )
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Tracked by: 1 Boarder

Do Not Day Dream ! technically poised to make new low in few week ! Enjoi the slide !...

In reply to:

buy and hold -will rise at abt 50

Posted by : Guest

slow and steady wins the race - this bank will go all the way to 50 in a few weeks .

25 Aug 2008 14:49

BSE Announcements on Dena Bank

Posted by : MMB Messenger
Price when posted : [Dena Bank - BSE:Rs. 43.80 NSE:Rs. 43.85 when posted]
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Dena Bank has informed BSE that the 12th Annual General Meeting (AGM) of the Bank was held on July 12, 2008....

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