But please remember that Board has announced buy-back programme from the stock exchange upto Rs.275/- per share. It may get through in coming days. Once company starts buy-back, there will be strength in the scrip. Already promoters and FIIs and FIs holding is quite substantial i.e.88.59%. Downside is quite limited. Sum of parts of different businesses under its fold is very sizeable and valuable. For example, it holds around 20% equity of Godrej Consumer Products Ltd. and 80% of Godrej Properties Ltd. Recovery will be sharp. ...

There is some relationship between the gilt market and stock market. Normally if the stock market is down, gilt market should be up as it considered a safe investment. However, one thing I can see that in coming months it is expected that interest rate will go down because of various cuts by RBI. Effectively gilt prices will be up. Please do not forget that Book value of PNB Gilts is more than Rs.35/- even after adjusting dividend and first quarter loss(which is just notional). It\\`s just a matter of time, no one can time the market, before some decision is taken regarding divestment or merger. PNB can only delay the process but it cannot reverse the process. It\\`s well decided that there is no use keeping a subsidiary of PNB for gilt business and this vertical can very well be taken care of by PNB only. In case of merger BV will be very important. Have patience, once you are in the \\\\...

Which account you r referring?Is it your a/c with broker or PNB Gilts has remitted in your bank account? Normally if the shares have been purchased very late around book closing and could not be transferred to your demat a/c - dividend will be received by the broker and hence broker credits the dividend immediately after the book closing is over. Other possibility is if the shares are in the margin a/c, broker credits the dividend to your account maintained with him. Cheers !!!!! ...

It seems no boarder has attended the AGM of PNB Gilts. Cheers !!!!!...

yah !!!! Today it has bounced back to 235 from a low of 205. Cheers !!!!...

Buy whatever you can buy. Today is the last day of market weakness. Today index in the hindsight will be the bottom of the year. Cheers !!!!!! ...

At 205-210 it is a very good buy for medium-term. Cheers !!!!...

currently there are many stocks where the buyback has not generated enough enthusiam like reliance infrastructure, even being fundamentally strong. i am still looking for more information like the holding and valuations aspects. i havent come across any research report on the godrej industies giving details about the land and other hodling companies. nowadays u have to be very selective of the stocks u pick, although in the long run this will give the decent appreciation but still i think one should now focus on the stock with short term as rally will come and again falls will be there. for some time its better to trade in trading strong rather than taking the long term investment call. i had good number of shae bought in the range of 315-220 and looking for 100-110 to buy some more. ...

i had also mentioned that there is lot of inherent value in the holding company...

anyways i have still not received the dividend. As far as the AGM is concerned i am sure they have not announced anything new. Just the dividend and re-appointments. Just few months back PNB was being compared to SBI. The biggest office holders were making loud media announcements so i trusted these guys. But looks like in a bear mkt it doesn\\`t matter whether it\\`s PNB or BAMPSL. It is definitely dissapointing that these guys are keeping shut after making such heavy announcements but there is not much that can be done. i have a heavy investment so i will keep it for some more time. Any idea on how October results would turn up. Is there a inverse or direct relationship between Gilt and Stock market? Any experts out there?...

they have not even posted it on the BSE. I don't understand why these ppl r so dead slow. Hoping atleast they will pay the dividend in a week or so. ...

Today again it has fallen because of weak market conditions. It may not be ableto sustain at current level....

It seems no boarder has attended the AGM of PNB Gilts. Cheers !!!!!...

Yes, there was some buying at lower level as a result it closed around 220/222....