Wednesday, May 18, 2011

CENTRAL BANK OF INDIA

Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians.  Central Bank of India is a group 'A' stock that hit a 52 week low recently and is available at a P/E of less than 5! The EPS is around Rs.30 per share and the price of the stock is around Rs. 120 per share. The stock can reach around Rs.150-200 in a year's time. What do you think?

No comments: