I had a look at the DFCC at the weekend and think it will do well in the coming months/years.They had a flat growth for the last couple of quarters. But with the given opportunity from budget 2012 to raise up to USD 250m as 10 year tenure long term loan , they'll have enough money to go ahead.
And also Rs 4-5 dividend also on the card in the next few months. Share price also somewhat around 112-118 for the last few months.
I know there are premier banks around. But I think the price of DFCC is ok to enter @ these levels. What u guys think??
Thanks