Query Trends : Centurion Bank of Punjab

Query : I have 500 shares of Centurion Bank of Punjab at Rs.43.70 what is the future of the stock? Manish Ochani

Thebullishtrends : Centurion Bank of Punjab shares closed yesterday at Rs.55.70. As per the latest reports CBoP's advances and deposits are gowing by 70%. The bank is looking out for more domestic acquisitons, now it is having 400 branches in 180 locations it occupies 4th place among in new generation banks. The bank is very strong in north and now it in Kerala in south. Centurion Bank of Punjab posted a net profit of Rs.39.85 on Income from operations Rs.537.39 cr, having good financials, and it is under the speculation curb, there will be a chance of share price appreciation in near term. Hold