Monday, January 31, 2011

Buy: Dhanlxmi Bank above 95.00

Buy Dhanklaxmi Bank above 95.00 as this is posing major support and price has also shown reluctant to go further down.

The bank, which reported a five-fold increase in net profit for the third quarter at Rs 7.26 crore, aims to be among the top-five private banks by 2015-16 in terms of loans and profitability.
“We plan to raise money simultaneously through all three routes by the month of May,” MD and CEO Amitabh Chaturvedi said in an interview with ET.