every person is going buy this scrip but it not reward to any person if u have money to loose u can invest pl so donot give advice to anybody to invest this share.
If stocks moved in only one direction, people would leave everything else and earn from the markets. Just because it drops a few rupees with the markets or against it doesnt mean its a bad investment.
You have to give it time to develop. BNP Paribas is a big name and they have excellent people. See how sundaram group has benefited in the mutual fund business and you will realize.
Geojit is a more recent acquisition/JV to tap the broking business.
People who can evaluate would be able to tell how good an investment rationale this is at the current point.
I am bullish on this stock and the sector in general for the next two quarters in the short term and for the next five years over a longer term. Indian markets have quite a distance to go in terms of maturing..and that will take place over the next five years with a lot of M&As taking place.
Good luck to all, I maintain a target of 60 and above by the end of the current financial year.
| NIFTY 
