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Last Updated : Mar 27, 2018 12:03 PM IST | Source: CNBC-TV18

Bandhan Bank listing: Do not expect valuations to sustain in the long term, says SP Tulsian

SP Tulsian of sptulsian.com discusses with Latha Venkatesh, Anuj Singhal, and Sonia Shenoy his analysis on the Bandhan Bank listing.

CNBC TV18 @moneycontrolcom

SP Tulsian of sptulsian.com discusses with Latha Venkatesh, Anuj Singhal, and Sonia Shenoy his analysis on the Bandhan Bank listing.

These are crazy valuations. I do not think that this has any justification. It may succeed in listing at Rs 500, but this all ridiculous and I do not think that in the longer term these valuations will sustain. As an investor why should I look at to buy Bandhan Bank at Rs 500 when the other banks are available at a much cheaper valuations?, he said.

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First Published on Mar 27, 2018 11:54 am
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