in india psu are not for investing for retailers. it only for LIC.
great story. good lesson.
other stock which made me mad is gillanders co. which is a tea estate co. bought at 85 and next day it started going down. went down to 45. now 60.
ferdeal bank came down to 50 . but hold for long term.
congrats bro.
@stockWisdom good logic. dawa will compliment daaru and daaru will compliment dawa. you rocked :) i like granules, biocon, united spirits, pincon...
very good pick @vineet . i was thinkin same. talwalkers is a good long term story.
any new ideas
wait for the outcome of the events. sintex is a profit making co. no need to worry.
[IMG] compunding stocks for grand children by safal niveshek
thanks srouta for sharing.:)
after merger treasury opr of this banks will be combined and total cost for managing tresury will be down by appr. 700 crores. sbi statement.
right sir . lawful action is compulsory against defaulters. govt owning 27 banks is craziest thing to do for a govt.
sir i also have same opinion . why waste tax money on these bad inefficient loser psu banks which are the biggest wealth destroyers for retail...
friend sintex is not a bad company. but unfortunately down by 30% from ur buy price. if u like the co. and its prospects u can averge. other wise...
SBT is relatively good bank than sbi in npa and efficiency. Mahila bank also. so i think after merger things will improve for sbi. 50% market...
in merger no big cost included. the recap amount can be saved and used for infra related expense.
700 crores will b saved by sbi in treasurey operations only. great for sbi holders.
i dont support spending more money on PSU banks further . instead of spending more money into this inefficient banks i will say that 10-15...
sbi market share will be more than 50% of indian banking industry. may become one largest bank in the world. for long term good pick. Npa in % of...
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