I am also still holding this stock for last 2 years. Appreciated very well from march this year. But stuck between 220 to 250 for almost 3 to 4 months. Merger will be only trigger point in near term. From long term higly recommended. Even other bank managers recommend this stock. That is i bought this in the begining.
You are right. That is why probably this was highly recommended by peopl in banking industry in the past. But it doesn`t look like it will continue that kind of growth going forward. Anyhow still i think it is one of the very well managed private banks. There won`t be much increase in stock price in near term. I am holding this mainly because i liked their annual report actually. Felt like they try to give all information to share holder. I will hold until next april and decide whether to shift to any other private banks or PSU banks like Andhra Bank/BOB.
| NIFTY 
