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"Wealth creation through systematic investment"

We all are investing to make more than what we have invested so that we can have more purchasing power in future.

Shared here are some of the ideas on how to create wealth out of your savings through systematic and organised investing in all spheres of investment portfolio. Effort here is to identify those areas where investment could fetch greater returns in long term perspective

We believe there should be mix of insurance policies, equities, bonds/ debt instruments, mutual funds, precious metals, real estate properties, loans in your portfolio to make your investment wealthy.

Investing in stock market, debt instruments, mutual funds, real estate without proper evaluation are prone the risk of 'loss of capital' due to general financial risk of market, promotors & operators not acting in bonafide interest of small investors etc

The issues posted here are only a fig of a tree and investor who are investing their hard earned money are advised to independently analyse the issues or consult an investment advisor before making any decision.

"CAUTIONARY NOTE" - this blog is not responsible for any loss, whatsoever . please do consult an investment advisor if your not able to evaluate the investment / economic / risk scenario independently

feel free to contact us at
sherkochiraj@indiatimes.com or at rmanjuesh@gmail.com


Friday, October 29, 2010

IDBI Bank updated ....

on 01.10.2010 the combined volume on IDBI bank crossed 97.15 lakh  on exchanges
BSE 24.17 lakh weighted avg price Rs157.62 closing at Rs 158.50 up Rs 6.1 or 4 pc
NSE 72.98 lakh weighted avg price Rs157.36 closing at Rs 158.45 up Rs 6.05 or 3.97 pc
many brokers and operators went short when first bump 2.5 up in price occured on mass buy at 11 am and were buying from market at flat price at 2.25 -2.5 pc up
http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500116


then came the next bump of 2 pc at 3 PM when more brokers / operators went short on share in F&O the market closed at 160 .45 today which is an uptick
http://www.nseindia.com/marketinfo/fo/foquote.jsp?key=FUTSTKIDBI28OCT2010--01OCT2010&symbol=IDBI&flag=1#

IDBI bank is the only PSU bank which is trading at nominal premia to declared book value and discount to actual book value considering the unrealised proft of Rs 79 per share in value of investments

In short if those who hold share in IDBI Bank understand the intrinsic value of the share and hold tight on it without fear of minor blip in the market price of share then the price shall move up and reach the intrinsic value
for latest updates on quarter / half year ended 30 september 2010
http://www.moneycontrol.com/video/news/idbi-bank-q2-net-profitat-rs-429-cr_495129.html

on 29.10.2010 the combined volume on IDBI bank crossed 97.15 lakh on exchanges
BSE 37.78 lakh W avg price Rs182.1 closing at Rs 180.65 up Rs 0.22 or 0.11 pc with high of 188.40
NSE 123.9 lakh W avg price Rs182.1 closing at Rs 179.90 down Rs 0.25 or 0.14 pc with high of 189.90
http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=500116

1 comment:

  1. The following category of investors have increased their stake in idbi bank as on septemeber 2010

    Government of India, the promotor hold 64,12,87,110 shares or 65.14 pc of paid up capital from 381,778,000 as on june 2010 up 67.97 at price of Rs 120.19 per share
    http://www.bseindia.com/stockinfo/anndet.aspx?newsid=181d9c64-3459-470e-b365-bd58b0b0ef4a


    Further through SIDBI, LIC and LIC managed ULIP the holding of government entity is another 10,87,22 ,328 shares or 11.04 pc of paid up capital

    Life Insurance Corporation of India has increased its stake in IDBI bank from 4,60,15,217 shares as on june 2010 to 4,92,24,751 shares as on september 2010


    Financial Institutions / Banks 71,275,999 from earlier 69,584,632 or 2.43 pc up

    Foreign Financial Institutions 52,270,102 from earlier 50,410,895 or 3.69 pc up

    Bodies corporates 33,361,097 from earlier 30,090,656 or 10pc up

    ReplyDelete

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