It is interesting to note how our PSU banks are poised now.
BANK PE EPS NET SALES
SBI 14.57 158 64KCR
PNB 7.94 115 19K CR
CAN 5.47 70.30 17KCR
DENA 4.86 17.13 3KCR
IT IS CLEAR THE INVESTORS ARE GOING FOR HIGHER PE based on sales contribution high for SBI.But sbi already topped the iNDUSTRY pe ON GOING CORRECTION.pnb HAS EXCELLENT CHANCE OF GROWTH.
when it come to CNARA the merger makes the sales equal to PNB that means it has to equalPE of PNB 8. inthat ratio the dena should go to 125 level soon before merger rationo announced.I wish some seniors discuss who has interst in this counter....
| NIFTY 
