Tuesday, November 5, 2013

Review of PSU Banking Stocks

Predicting stock market trends is highly unpredictable, but if played with patience and conviction it can become very very predictable and profitable. In fact,even we never expected to see PSU banking stocks rise so fast in just two months time when there was so much of gloom and sense of hopelessness in the market. See the results below of our coverage on 29.08.2013:

Dena bank: (Dividend yield is more than 10%, at current MP of Rs. 43/-. Expect market price to double in next one to two years. Current dividend is Rs 4.70 per share. Current EPS is Rs. 22 /-.) 
Today's high is Rs.64/- plus, a return of over 50% in just two months.

Indian Bank: (Dividend yield is more than 10%, at current MP of Rs. 63/-. Expect market price to double in next one to two years. Current dividend is Rs 6.60 per share.)
Today's high is Rs.114/- plus, a return of over 80% in just two months.

Syndicate Bank: (Dividend yield is more than 10%, at current MP of Rs. 63/-. Expect market price to double in next  one to two years. Current dividend is Rs 6.70 per share.)
Today's high is Rs.94/- plus, a return of over 50% in just two months.


Union Bank: (Dividend yield is more than 8 %, at current MP of Rs. 98/-. Expect market price to double in next  one to two years. Current EPS is Rs 37 /- and Current dividend is Rs 8.0 per share.)
Today's high is Rs.143/- plus, a return of 50% in just two months.


Corporation Bank: (Dividend yield is more than 7.5 %, at current MP of Rs. 251 /-. Expect market price to double in next one to two years. Current EPS is Rs 92 /- and a dividend of Rs. 19 /- per share.)
Today's high is Rs.324/- plus, a return of over 30% in just two months.




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