For liquidity, stability and growth, SBI is the best buy, Indian analysts say
Article Abstract:
Indian investment analysts believe that State Bank of India's (SBI) stocks are good investments, especially for investors who want liquidity, stability and growth. SBI's stocks are currently trading eight-and-half times more than the company's forecast earnings for FY 1995, ending in Mar. 31, 1996. In addition, it has significant exposure in the domestic lending market and is considered the dominant bank in India's banking industry.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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India's OBC is a big fish in a small bank-stock pond
Article Abstract:
Many fund managers and analysts believe that the price of Oriental Bank of Commerce (OBC) shares will continue to go up. They state that investors eager to get in on India's growing economy have few choices when it comes to large, liquid bank stocks so demand for OBC shares is likely to drive its price up even further. New Delhi-based OBC is one of India's leading state-owned banks.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Bank of Western Australia's IPO starts strongly as investors bet on quick buck
Article Abstract:
Investors looking to make a quick profit should consider the Bank of Western Australia's initial public offering. Although the IPO price is not cheap at Australian $2.05 per share, analysts are confident that the stock will easily increase in value within the first few days of trading due to euphoria surrounding the stock and positive market sentiment towards banks in general.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Comment about this article or add new information about this topic:
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