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Moneycontrol >> Messageboard >> Stocks >> Dena Bank
   You are here :     Moneycontrol     MMB   Stocks   Dena Bank

Dena Bank

Belongs to: Banks - Public Sector
Buy, Sell or Hold? 31 comments
65 boarder tracking
Peer stocks in Banks - Public Sector sector
BSE: 532121
NSE: DENABANK
33.85  -2.75 (-7.51)
Volume: 318670
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06 Oct 2008 19:27

Right price

Posted by : Guest
Price when posted : BSE: Rs 37.75 ( -4.07 % ), NSE: Rs. 37.65 ( -4.32 % )
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Tracked by: 0 Boarder

A good bet and a good time to buy. Tomorrow the stock will go up along with others but on a long term basis, this will be a multibagger for sure....

In reply to:

Right price

Posted by : h.manek

You should buy Dena Bank at current level for a long period because bottom of the share can not be predicted. In the long run, it will be beneficial as per the history six years before BOB and BOI were available at less price than the current price of Dena Bank but after six years they are trading near Rs.300.00 per share even in bear market.

05 Oct 2008 09:58

Right price

Posted by : h.manek
Price when posted : BSE: Rs 39.35 ( -3.44 % ), NSE: Rs. 39.35 ( -3.55 % )
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You should buy Dena Bank at current level for a long period because bottom of the share can not be predicted. In the long run, it will be beneficial as per the history six years before BOB and BOI were available at less price than the current price of Dena Bank but after six years they are trading near Rs.300.00 per share even in bear market. ...

In reply to:

Right price

Posted by : pagal hui mai

dear investors,
i want to buy dena bank on current market price.can any body tell me is this the right price for dena bank.
pagal hui mai
4/10/08

04 Oct 2008 00:18

Right price

Posted by : pagal hui mai
Price when posted : BSE: Rs 39.35 ( -3.44 % ), NSE: Rs. 39.35 ( -3.55 % )
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dear investors,
i want to buy dena bank on current market price.can any body tell me is this the right price for dena bank.
pagal hui mai
4/10/08...

30 Sep 2008 14:50

BSE Announcements on Dena Bank

Posted by : MMB Messenger
Price when posted : [Dena Bank - BSE:Rs. 40.95 NSE:Rs. 41.00 when posted]
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Dena Bank has informed BSE that the Bank has raised Lower Tier II Bonds (Series X) Capital funds to augment long term resources of the Bank and to meet its future Capital Adequacy Ratio requirements in the nature of Debentures on Private Placement Basis for an amount of Rs 300.00 crores including Green shoe option. The Bonds are carrying a coupon of 11.20% p.a. payable annually and are redeemable after 127 months from the deemed date of allotment. The issue was fully subscribed aggregating to Rs 300 crore. The Bank excised the Green shoe option and retained the subscribed amount....

30 Sep 2008 14:01

NSE Announcements on Dena Bank

Posted by : MMB Messenger
Price when posted : [Dena Bank - BSE:Rs. 40.85 NSE:Rs. 41.00 when posted]
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Dena Bank has informed the Exchange that: "Dena Bank has raised Lower Tier II Bonds (Series X) Capital funds to augment long term resources of the Bank and to meet its future Capital Adequacy Ratio requirements in the nature of Debentures on Private Placement Basis for an amount of Rs.300.00 crores including Green shoe option. The Bonds are carrying a coupon of 11.20% p.a. payable annually and are redeemable after 127 months from the deemed date of allotment. The issue was fully subscribed aggregating to Rs.300 crore. The Bank exercised the Green shoe option and retained the subscribed amount"....

25 Sep 2008 13:49

Dena Bank is likely to offer annualised coupon

Posted by : 9975797577
Price when posted : BSE: Rs 41.90 ( -1.41 % ), NSE: Rs. 41.85 ( -1.30 % )
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Dena Bank is likely to offer annualised coupon around 11.00-11.25%. Meanwhile, Central Bank of India is in talks with a large state-owned insurance company for placing Upper Tier-II bonds...

24 Sep 2008 13:39

Kiss 50

Posted by : sidthrillz
Price when posted : BSE: Rs 42.75 ( 1.18 % ), NSE: Rs. 42.70 ( 0.95 % )
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yes it will in short- to medium term.......

In reply to:

Kiss 50

Posted by : Ilhan

Will dena bank touch 50 in near term

21 Sep 2008 13:07

Kiss 50

Posted by : Ilhan
Price when posted : BSE: Rs 45.00 ( 5.63 % ), NSE: Rs. 45.00 ( 5.51 % )
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Will dena bank touch 50 in near term ...

19 Sep 2008 18:02

NSE Announcements on Dena Bank

Posted by : MMB Messenger
Price when posted : [Dena Bank - BSE:Rs. 45.00 NSE:Rs. 45.00 when posted]
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Dena Bank has informed the Exchange that "The Indian Banks Association has informed us vide their letter dated 30th August, 2008 that the convenor of the United Forum of Bank Unions, which is constituent unit of five unions (viz.AIBEA, NCBE, BEFI, INBEF and NOBW) and four Officers Associations (viz.AIBOC, AIBOA, INBOC and NOBO) have served a notice of strike dated 29th August, 2008 stating that all the workmen employees and officers staff in the public sector and private sector banks will be observing a days total strike on Friday, 24th and 25th September, 2008 throughout the country on certain demands. If the strike materializes, a section of the Banks employees may take part in the proposed strike on the said date, in which case, the normal functioning of the branches/ offices of the Bank may get affected. The bank is taking all the necessary steps in terms of the existing guidelines for smooth functioning of Banks branches/offices to deal with the strike"....

19 Sep 2008 17:47

BSE Announcements on Dena Bank

Posted by : MMB Messenger
Price when posted : [Dena Bank - BSE:Rs. 45.00 NSE:Rs. 45.00 when posted]
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Tracked by: 0 Boarder

Dena Bank has informed BSE that The Indian Banks Association has informed the Bank vide their letter dated August 30, 2008 that the convenor of the United Forum of Bank Unions, which is constituent unit of five unions (viz. AIBEA, NCBE, BEFI, INBEF and NOBW) and four Officers Associations (viz. AIBOC, AIBOA, INBOC and NOBO) have served a notice of strike dated August 29, 2008 stating that all the workmen employees and officers staff in the public sector and private sector banks will be observing a days total strike on 24th and 25th September, 2008 throughout the country on certain demands.

If the strike materializes, a section of the Banks employees may take part in the proposed strike on the said date, in which case, the normal functioning of the branches / offices of the Bank may get affected.

The bank is taking all the necessary steps in terms of the existing guidelines for smooth functioning of Banks branches / offices to deal with the strike....

19 Sep 2008 14:03

Looking good

Posted by : vkk43
Price when posted : BSE: Rs 45.00 ( 5.63 % ), NSE: Rs. 45.20 ( 5.98 % )
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You are absolutely right. Investment in good stocks at right price gives decent returns over a period....

In reply to:

Looking good

Posted by : ajay_jindal

Let me ask investors one basic question.

1) Do they believe Indian economy can grow at average rate of 8% for next decade?

If you believe only this 1 fact then you can be sure that industry which is 50% of GDP will grow 15% annually, as Agri sector grows at 2-3%. This means 15% EPS growth of sensex. Out of that if you can find companies who can beat the sensex growth that means you are projected to get 20% easy rerun on your money. I don\\`t have to teach compound interest here, 20% annual growth for 10 years means 100rs invested would be 619.17 rs.

This is almost no risk money.

I am a software engineer with huge interest in Numbers. This is my first year in equity market and I am of firm believe that little homework will pay u rich dividend in stock market.

Thanks,
AJ

18 Sep 2008 23:49

Looking good

Posted by : ajay_jindal
Price when posted : BSE: Rs 42.60 ( 0.71 % ), NSE: Rs. 42.65 ( 0.47 % )
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Let me ask investors one basic question.

1) Do they believe Indian economy can grow at average rate of 8% for next decade?

If you believe only this 1 fact then you can be sure that industry which is 50% of GDP will grow 15% annually, as Agri sector grows at 2-3%. This means 15% EPS growth of sensex. Out of that if you can find companies who can beat the sensex growth that means you are projected to get 20% easy rerun on your money. I don\\`t have to teach compound interest here, 20% annual growth for 10 years means 100rs invested would be 619.17 rs.

This is almost no risk money.

I am a software engineer with huge interest in Numbers. This is my first year in equity market and I am of firm believe that little homework will pay u rich dividend in stock market.

Thanks,
AJ...

In reply to:

Looking good

Posted by : vkk43

Exactly the same thing I am also trying to tell the investors. Thanks.

14 Sep 2008 21:51

Looking good

Posted by : vkk43
Price when posted : BSE: Rs 45.20 ( -2.48 % ), NSE: Rs. 45.20 ( -2.69 % )
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Exactly the same thing I am also trying to tell the investors. Thanks....

In reply to:

Looking good

Posted by : NODIK

What experts, they know nothing more than you. They are 'fair weather friends'. They turn with the tide.Just listen them , do your own.

14 Sep 2008 21:30

Looking good

Posted by : NODIK
Price when posted : BSE: Rs 45.20 ( -2.48 % ), NSE: Rs. 45.20 ( -2.69 % )
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What experts, they know nothing more than you. They are 'fair weather friends'. They turn with the tide.Just listen them , do your own....

In reply to:

Looking good

Posted by : the great bull

Just remember that all these so called experts were asking us to buy when the markets were at 21000 levels, they were prediting even higher levels...

And now they are yelling 12k!!

14 Sep 2008 21:16

Looking good

Posted by : vkk43
Price when posted : BSE: Rs 45.20 ( -2.48 % ), NSE: Rs. 45.20 ( -2.69 % )
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Neither they knew that market was fully valued at 21000 nor they know now whether market would come to 12000. If next week market goes to 15000 they will all say the market will go to 17000. ...

In reply to:

Looking good

Posted by : the great bull

Just remember that all these so called experts were asking us to buy when the markets were at 21000 levels, they were prediting even higher levels...

And now they are yelling 12k!!

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