I agree. The bank has been doing pretty well yet lagging the likes of Dena. Consolidation or not the stock will get stronger in the coming months 60+levels on the cards soon.
Also with consolidation of banks on the cards , these are the banks of likely target .With low PEs these will be rerated at alteast twice their current valuation.
In my opinion, Vijaya will rise back to 55 quickly and then to 65 in the next couple of months. Ideal price to accumulate is 10% lower than current levels(around 45-46), but who knows if market is in a mood to correct!
| NIFTY 
