Buy UCO Bank With
Target Of Rs 81 TopNews Stock market analyst Hitendra
Vasudeo has maintained 'buy' rating on UCO Bank Ltd stock to achieve a target of Rs 120
in 1-2 trading sessions. ...
The EPS will only get fall once the FPO (follow-on public issue) comes due to increased equity base.
There are other rumours - that it may be acquired by a larger PSU bank or be merged with a consortium of banks that currently includes the State Banks (SBI, SBT, SBB, SBH etc.).
There may also be a preferential allotment for shareholders during the FPO, which can again send its price upward.
I DON'T AGREE THIS STOKE BECAUSE INFLAMATION IS VERY HIGH.AND RBI CAN CRR(REPO)DO HIGH.THEN BANKING SECTER WILL COME IN TROBLE.SO MAKE DISTANCE THIS SECTER.IF YOU WANT INVEST THIS SECTER THEN INVEST IN IDBI BANK BECAUSE IN IDBI BANK LOSE IS VERY LOW INCOME IS MUCH HIGHER.IDBI BANK IS GOOD IN BANKING SECTER.
HEMANT SINGLA MARKET MENAGER AND ANALYSIST
PUNJAB.MOB-9357700094.
gulshan has been a member of SB since 29 Oct,2007. gulshan hails from delhi, delhi and you can reach this Top performing member of SB via eMail. You can also add gulshan as your friend.
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