1. G_One

    G_One Member

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    Does any one know what was discussed in agm? Price shot up 5%, was it speculation or is there any good news coming up!

    Cheers
    G1
     
  2. kharb

    kharb Well-Known Member

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    Just sit tight on DCB Bank ,as it may be among fastest to double in banking sector ,other good small pvt sector banks are federal bank and rbl bank.This is my view for discussion and not any recommendations to buy any stock.
     
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  3. G_One

    G_One Member

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    It has already given me 90% from buy levels :), just wondering if it will be merged or something.

    Cheers
    G1
     
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  4. kharb

    kharb Well-Known Member

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    In my view as stock has good run up ,so any merger with big bank may not be better choice as merger ratio gain may not be huge ,rather present stand alone status will help as growth at smaller base is always easier .So if this bank keep on growing at 20% CAGR ,then investers can hope for 20%CAGR return for a decade .
     
    Last edited: Jun 1, 2017
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  5. G_One

    G_One Member

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    Agreed, I read it provably on MMB that hdfc was interested in DCB, hence the question. Completely agree that at times small is beautiful and if it grows well, it will reward much better than a large bank.

    Cheers
    G1
     
    ssgeethan likes this.
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