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.
- 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