SBI good value pick with long term view

Published on Tue, Dec 19, 2006 at 14:32 |  Source : Moneycontrol.com

Updated at Tue, Dec 19, 2006 at 14:36  

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Ashish Kapoor, CEO, Investshoppe is of the opinion that SBI is a good value pick with a long term view.

Kapoor told CNBC-Awaaz, "Looking at economic growth, SBI is a good value pick. It has large branch network, good valuation in subsidiaries and other developments. Market already discounted the stock from its highs due to CRR. One can expect good returns from SBI in long term."

Disclosure: We have recommendation on some stocks.

  

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