CITIZEN DEVELOPMENT BANK CAN BE A REAL VALUE GEM WITH CURRENT TRADING TERMS AND IT IS TRADING AT THE RANGE OF 75-77 WHERE P/E IS ONLY 6 TIMES WHERE BANKING AND FINANCE SECTORE P/E IS AROUND 15X- 20X
EPS RS 13.32
IF P/E IS 15 RS 199.8 (EXPECTED GAIN 166%)
IF P/E IS 20 RS 266.4 (EXPECTED GAIN 255%)
FURTHER CDB HAS RECORDED 132% GROWTH IN NET PROFIT AND I HAVE SEEN LARGE VOLUMES OF SHARES STARTED TO BE TRADED FROM TODAY.
DISCLAMIAR :-
PLEASE DO YOUR HOME WORK BEFORE ANY ACTIONS