Mayuresh Joshi, VP- Institution at Angel Broking is of the view that one may buy ICICI Bank, Axis Bank, IndusInd Bank and YES Bank to mitigate the risk from investing single private bank stocks.
Mayuresh Joshi, VP- Institution at Angel Broking told CNBC-TV18, "IndusInd Bank has shown stable operating performance. The loan growth is expected to be in excess of 24 percent compared on year on year basis. I think the margins are expected to come around 3.5 percent and the slippages should be stable, so 1.3 percent gross NPAs, the slippages should be well contained."
"The bank in terms of stock performance has run quite a bit in the past few weeks and from a valuation perspective it trades at 2.7 times price to book. So, it is attractively placed both in terms of the earning trajectory and valuation story," he added.
"IndusInd Bank can be a good bet but for the investors the suggestion would be to have a mix of private sector banks in his/her portfolio. We are bullish on private sector space overall, once the economy improves and the earning trajectory improves overall for the market. So, a mix of stocks like ICICI Bank , Axis Bank , IndusInd Bank , YES Bank can be bought by the investor to mitigate the risk from investing single private bank stocks."
Anda sedang membaca artikel tentang
Prefers private sector banks: Mayuresh Joshi
Dengan url
http://untukkesehatanda.blogspot.com/2014/04/prefers-private-sector-banks-mayuresh.html
Anda boleh menyebar luaskannya atau mengcopy paste-nya
Prefers private sector banks: Mayuresh Joshi
namun jangan lupa untuk meletakkan link
Prefers private sector banks: Mayuresh Joshi
sebagai sumbernya
0 komentar:
Posting Komentar