10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Archives : Old artciles

Tuesday, October 11, 2011

Dhanlaxmi Bank Ltd:-Buy/sell/growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Scripscan:Dhanlaxmi Bank Ltd
BSE code:532180

Story:Dhanlaxmi Bank Limited provides various banking products and services in India. It primarily offers deposit products, such as savings, current, and term deposits; and various loans comprising property loans, car loans, commercial vehicle loans, commercial equipment loans, personal loans, education loans, and loans against securities. The company also provides depository services; forex services, including foreign currency cash, cheque deposits, foreign currency demand drafts, and remittances; payment services; and life and general insurance services. In addition, it offers corporate banking services comprising cash management; credit products, such as industrial and trade advance, import export assistance, and agricultural assistance; corporate salary products; and forex and trade services. Further, the company provides NRI banking; micro and agri banking; and financial planning services. Additionally, Dhanlaxmi Bank offers locker services, gift cards, credit and debit cards, Internet banking, and mobile banking services, as well as real time gross settlement services and national electronic fund transfer services. As of July 7, 2011, it had a network of 275 branches and 460 automated teller machines.The stock tumbled yesterday as reports indicated that the All-India Bank Officers Confederation (AIBOC) has appealed to the RBI and the finance ministry, to initiate investigations against Dhanlaxmi Bank management and asked it to merge it with any public sector bank to safeguard the interest of employees and the customers of the bank.However, the bank's management in a television interview denied the allegations and termed them baseless.I don’t think allegations of union seem to be very serious, but one cannot overlook. But if one looks at the financials and the growth of the bank, I don’t think the allegations which have been leveled can exist.In this atmosphere such adverse news or suspicion creates a bit cautious approach on the stock.At the present moment its a wait and watch candidate.In the shorter term it would become a traders paradise with low deliverable volumes.Once the dust gets cleared act accordingly as per the sentiment.As we often say,"The trend is the friend".

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner