Purohit says PNB Housing Finance's listing is decent and adds that the company has enough capital and scope to move to large-scale operations. But with respect to the company's lag structure, he says PNB HF lags behind.
Siddharth Purohit of Angel Broking says he is dissapointed by the loan growth but he says apart from that the numbers look really good.
If one is keen to buy into a cement play, UltraTech is definitely superior for the simple reason that it has already delivered on most fronts, said Prakash Diwan.
Essar Group lenders gain on account of relief from the Essar-Rosneft deal. Siddharth Purohit, Senior Research analyst at Angel Broking speaking to CNBC-TV18 said that it is a positive development for ICICI Bank, one of the major lenders to the group.
Siddharth Purohit of Angel Broking is upbeat on the stock going forward because the bank has all the ingredients of becoming a meaningful player.
Rajeev Ahuja, Head of Strategy said RBL Bank's current net worth is Rs 3,000 crore and the IPO will add another Rs 800 crore to it. Coupled with internal accruals the net worth will reach around Rs 4,000 crore in FY17.
Reacting to the news, Siddharth Purohit, Senior Research Analyst at Angel Broking, said that the reported numbers look decent. Surprisingly, gross NPA numbers haven't gone up in percentage and absolute terms, he said. There could have been some upgradation, he said.
Gaurang Shah of Geojit BNP Paribas is positive on SBI, but hints at some more stress for the lender in the next two quarters.
In CNCB-TV18 special segment 'Bull vs Bear', stock experts— Nitin Kumar of Prabhudas Liladher and Siddharth Purohit of Angel Broking— talk about their future outlook on Bank of Baroda.
Given the attractive valuation and potential upside, the stock is quoting at reasonable level, says Digant Haria of Antique Stock Broking.