Saturday, September 3, 2011

BANK OF MAHARASHTRA


Dear Sir,
Please send Bank of Maharashtra Technical & Fundamental Details can buy this share long term means one year
Regards,
Animesh
1. BANK OF MAHARASHTRA is a 10 rupee face value govt sector bank which year high is 84 and year low 47 I think wait below 40 for fresh buying.
2. all banking stocks is weak now, this is market style I already warn of this blog when everybody say “bank is good... banking sector is good than I warn to avoid banking sector in this link
http://sharegenius.blogspot.com/2011/05/avoid-banking-sector-part-2.html
3. for long term no doubt govt sector is good if you buy then in a lower price but if your definition of long term is only 1 year than read my story on dr. pareek for this link to understand what long term means for me
http://sharegenius.blogspot.com/2010/04/my-salaute-to-drpareek-as-great-long.html
4. promoters holding in BANK OF MAHARASHTRA are 79.24 %
5. BANK OF MAHARASHTRA gives near about 2 rupee dividends per year
6. Book value of BANK OF MAHARASHTRA is 61.02 so this is a value buy but I think wait below 40.
7. so my view is good if buy at range of 30-40, otherwise hold. I have no any stocks of BANK OF MAHARASHTRA.

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