Federal Bank & SI Bank

K

kkz59

Member
#1
#1
Traderji

Why is it that Federal Bank is languishing though it boasts of one of the best price to book value and price earning ratios in the Banking Sector?

Any views on South Indian Bank ?
 
Traderji

Traderji

Super Moderator
#2
#2
No matter how good the fundamentals of a company, every stock needs a sponsor (buying by certain funds/groups) for it to start moving up.

Federal Bank has already appreciated from Rs. 90.00 in Sept 2004 to 160.00 today.

As far as SI bank is concerned you can BUY on a close above 75.00. Make sure to keep your stoploss at 65.00
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
S US 10 yr federal note daily yeild rate equivalent in India? Data Feeds 0
D idbi federal wealthsurance Introductions 0
S Federal Bank Shares Help needed Equities 1
R Anil Nanda sells stake in Federal Goetze General Trading & Investing Chat 0
R federal bank Equities 1

Similar threads