PSU bank stocks to buy: Will the outperformance continue? Understanding risks a must. 13 PSU banks, 7 with an upside potential of up to 37%
Synopsis Which is the sector where there is, literally, no small-cap company? The answer: PSU banks. In terms of market cap, none of the banks fall in the small-cap category. But yes, there are small PSU banks β those with a smaller loan book size than others. For a majority of the investors and traders,…
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Bank of Maharashtra shares in focus as it launches QIP to raise Rs 3,500 crore
Public sector lender Bank of Maharashtra shares are in focus on Tuesday after the bank launched a qualified institutional placement (QIP) to raise up to Rs 3,500 crore. The bank set a floor price of Rs 60.37 per share, slightly above Monday’s closing price of Rs 59.8. The bank may offer up to a 5%…
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