Central Bank of India Stock Quotes and Charts
Central Bank is one of the best fundamentally good scrips which has not appreciated in the recent bull run.It has the capactity to touch Rs.500 in a span of 12 - 15 months purely on fundamental valuations alone.<br>
it can work either way - a slow rise or a sudden outburst.<br>Technical analysis is impossible as it's recently listed and not much of historicals to support the analysts...Overall if you are holding - i wud recommend a buy and hold - simply becuase it's depth in the rural sector - there are places where even SBI has no reach ...<br>
Central Bank of India may be considered as a good buy at the current levels of Rs.145.00.The bank is agressively reducing its NPA and increasing its profitability. <br>The scrip has not performed during the bull run and has a very strong room for performing in the future. <br>The current year would witness lot of positive news in the PSU Banking sector.The bank has strong fundamentals and is agressively growing.The scrip may touch Rs.450 - 500/- purely on fundamental valuations in a span of 12 - 18 months.This is purely a long term investment.
I have 100 share of Centaral bank. Do i keep those for long term or exit.
Central Bank is a good PSU bank at Rs 102 levels as EPS for FY08 is likely to be close to Rs 15, with net NPA of just 1.22%. Share has potential to touch Rs 125 levels in next couple of months.
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