This topic contains 2 replies, has 1 voice, and was last updated by 2 months ago.
August 1, 2017 at 10:20 am #3884
Jainee P. Gordhandas
Bank of India Rs. 166 ( on 01 August 2017)
This PSU bank is now expected to benefit from the possible rate cut by the RBI in the coming week. The steps by RBI and Government to recover NPAs will also benefit this bank company. The majority stake ( 59% ) is held by the Government .In March quarter, the bank has shown turnaround results. and this trend is expected even in the current financial year 2017-18. I expect upward momentum at this scrip to continue in coming weeks.
Target Rs. 173 Stop loss Rs. 160
Next update will be given on Tuesday 08.08.2017)
The forum members are requested to give your comments,observations, your own profitable picks .