By Debdeep Gupta | 06 May, 2024
Mid-day Mood | Sensex, Nifty trade flat; PSU Bank stocks under pressure
The Sensex and Nifty 50 turned flat around noon on May 6 with Nifty PSU Bank stocks falling over 3 percent after the Reserve Bank of India (RBI) released draft guidelines proposing tighter norms for lending and heightened monitoring for under-construction infrastructure projects.The top laggards on the Nifty PSU Bank index were Punjab National Bank, Canara Bank, Bank of Baroda, and Union Bank, all...
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parvin 2022-09-05 15:57:08
It s very good share with 2600 Cr turnover with just 5 Cr capital .It s growing business plus adding capacity which will further profitability. With 20PE which it should deserve based on its credentials it should go minimum to 600.
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