nothing can be concrete when govt is playing the role. merger of banks will be done today or tomorrow for sure but the hurdles for same takes bit of time. This is a gud move by the govt currently, now when this will get implemented is a question mark. Still once that is done, 3 digit mark will also be less for bank of maharastra :)
The icing on the cake will be the follow-on offer which should make Maha Bank cross its all time high of 95. Three Digit mark is surely on the cards.My best wishes to all those who have ben holding this stock.
Dear friend,
What is this follow on offer that you reffered to.
Please elaborate and also be kind enough to give your frank view on this counter for ST.
Regards. Major