Keep an eye on Sunpharma. Can buy 610 call at 14-14.5. Also keep an eye on HDFC Ltd. Buy it at 755-757 level. Also keep an eye on Axis as govt will divest its SUUTI stake and I am sure the divestment will happen at a preimum to the CMP. The scrip will shoot up by 3-5% (may have some initial gap
1.04 PM Feb 14th
most of the psu banks were being sold off due to npa`s worry. but coming week will see action with the axis bank being targetted by fii`s to buy the stake of suuti being sold off by the govt. so all other banks should rally. let us wait for monday opening.
10.15 PM Feb 8th
for the next 60 days. Now the ball is in the court of FM for Fixing the fiscal deficit at the declared 4.8%. Next moves will be divestment of PSU equity through Interim Dividends (Coal India, PFC, SAIL and PSBs, NTPC etc.,), buy back (NMDC), Suuti sales (Axis Bank), Residual stake sale ( Balco, HZL), ETF
10.08 AM Jan 29th
Source:VC Circle - Ajay Piramal-led Piramal Enterprises Ltd is looking at a proposal from investment bankers to pick up around 5 per cent equity stake in private sector lender Axis Bank from Specified Undertaking of Unit Trust of India (SUUTI), as per a report by the
1.53 PM Jan 27th
I don`t think he can get a good deal. All he can get is the ability to buy 5% stake in one shot at a fixed price. There is now way the Govt or SUUTI will allow for a low price. Axis is relatively undervalued to its peers and with Govt out of the way, and performance improving the stock has a good
1.10 PM Jan 27th
I am sure he would be negotiating with SUUTI a very good deal. The exit route in case of listed entities is easier and Axis Bank will be a very liquid investment. It is probably the most undervalued private sector bank in India today relative to its peers.
12.32 PM Jan 27th
Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.