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Saturday, 30 November 2013

Syndicate Bank Multibagger 2 yrs timeframe Trgt 150 Rs

Syndicate Bank Multibagger 2 yrs timeframe Trgt 150 Rs





  • Syndicate bank was started in Karnataka Udipi district with a seed capital of 8000 Rs by 3 people.
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  • There piggy bank scheme under which they where collecting 2 Anna's in old days are now collecting 2 crores daily. it's a door step service where they go and collect in each house.
  • They have implemented CBS in all There branches and hence complain with RBI guidelines.
  • Bank also has aggresive expansion plan on coming years.
  • With a strong EPS growth of more than 50% in past 1 year, we see this company reach new height. 
  • We are giving a target of Rs 150 in 2 yrs time frame
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