Dhanlaxmi Bank Ltd: HOLD

 Sir, What your view on Dhanlaxmi Bank Ltd. Holding 100 Stocks @ 56Rs. Can I hold this stock. I Can wait for 1 to 2 years. Thanks in advance Varshini 
1. Dhanlaxmi Bank Ltd is a 10 rupee face value Banking company. 
2. Year High of Dhanlaxmi Bank Ltd is 73.30 and Year low 40.10 stocks traded at 40.30 So Year high\ low ratio is 1.83, Year high/ year low ratio is normal but the stock traded just on year low, we like a share when year high/low ratio is below 2 but the stock traded near year high. 
3. Promoters of Dhanlaxmi Bank Ltd Hold Nil %, FII hold 31.26 % and DII hold 32.71 % so Promoters holding is nil and FII, DII holds most of the stocks. 
4. Dhanlaxmi Bank Ltd last year gave 0.50 paisa per share dividend. 
5. No bulk deal recorded in Dhanlaxmi Bank Ltd . 
6. Overall Stock is not very good but due to increasing FII holding and low equity I think if you hold 1-2 year than you get a profitable exit but in short term stock may trade near 25-35 for a long period . 
7.I Have no any share of Dhanlaxmi Bank Ltd.