I m holding this scrip for quite smetym now and this stock covers 60% of the total portfolio,everytym the stock falls i make a purchase so i hve benn accumulating it for quite smetym now,so guys use your own gut feel set uor own buying and selling targets rather than hearing smebody else thn only u can make money in this market
It appears IDBI is getting its act together. The Bank has very good technical infrastructure, thanks to erstwhile pvt. sector Bank and project appraisal expertise, thanks to erstwhile FI avatar.Two weaknesses were low NIM and absence of professional risk management. It appears Mr. Yogesh Agrwal has been able to address these two weaknesses too. In that case rerating appears to be happening. If that is happening there is possibility of earnings expansion and PE expansion and this is a potential multibagger.
I said multibagger if two of the short comings have been satisfactorily addressed. If they are addressed, IDBI Bank is much better bank qualitatively than Axis and ICICI Bank.
Dear Cool Bull,
IFCI decleared divident after 1998. Personally I feel IDBI is better placed than IFCI in all aspects. In what way do you feel th PE level will improve and what are the two shortcoming of IDBI. Always I feel that "IF IFCI IS GOLD THAN IDBI IS GOLDMINE". But presently I am out of IDBI and intend to enter. For the last 6 months I am not following IDBI. Please enlighten me.
Regards,
aahoo
IDBI is a fundamentally strong new generation PSU bank, with many cross holdings in many companies.IDBI had underperformed since inception due to various reasons.Any way those days are well behind,IDBI is poised do very well in future.This bank can give very good return to the investors. Cheers.
| NIFTY 
