Accumulate JM Financial at CMP, for a decent 15% Returns in Two months time frame. With Mr Azim Premji hiking his stakes in JM Financial by another 5% and upcoming Banking License News; and ex Citi Bank Chief Vikram Pandit in the Company Board; and turnaround Balance sheet, Rs 35 seems to be easy
9.20 PM Dec 2nd
As JM Financial awaits RBI view on its bank licence plea, market is abuzz with talks of billionaire Azim Premji buying additional five per cent stake in the company that has also roped in former Citibank chief Vikram Pandit as a key investor for its banking pursuit.
3.25 PM Dec 1st
This is a very attractive, but dangerous scrip. It rides high on manipulation, Vikram Pandit`s entry and Banking License. If it gets BL, it will simply fly into orbit. High risk and high returns, if BL is approved and it will easily touch 100 within two years. Extra Money with you? Then go for it
1.30 PM Oct 31st
Source:NDTV Profit - New Delhi: The government on Thursday approved JM Financial's proposal to issue warrants worth over Rs 22 crore to well-known banker Vikram Pandit, who has been roped in by the group for its proposed banking venture. The proposal was approved by
12.18 PM Oct 25th
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