girl, surprise, cell-4378283.jpg

This Data Will Blow your mind, (Best Stock to Buy)- HDFC Bank, ICICI Bank, AXIS Bank, IndusInd Bank, State Bank of India, Kotak Mahindra Bank !!

Spread the love

We will going to talk about which is the best private sector large bank that we can plan to buy, that have the best data points supporting its fundamental and has best valuation for us to pick.

Result season is about to end, all the major banks have already given their results. We now know where does these banks stand with respect to the trajectory of their operations.

Majorly we’re focusing on

  • if the bank has maintained its margin,
  • has bank grown year-on-year or quarter on quarter,
  • what kind of results overall they have generated.
  • We have focused on six major banks of India,
    • HDFC Bank,
    • ICICI Bank,
    • Kotak Mahindra bank,
    • Axis Bank,
    • SBI Bank and,
    • IndusInd Bank.

Highlight of this data point is that how Axis Bank in front of HDFC bank & ICICI Bank quarterly numbers looks undervalued with respect to its price to earning ratio. The Axis Bank now stands only at 13.2 EPS, and both HDFc and ICICI Bank has EPS of over 17.

If you remember what ICICI Bank did after its Q3 quarter results, Axis Bank can also show same kind of price movement.

Disclaimer :- All the facts & the figure presented in the article are taken from internet and all the opinion presented in the article are authors personal opinion and this is not at all an investment suggestion. Before any buying and selling in the stock, please check with your investment advisor.

You May Also Like

More From Author

+ There are no comments

Add yours