The bank has strong fundamentals. Asset quality improving and NPAs going down.
Fairfax shuffling around its portfolio to make space for IDBI. When the time is right, stock will jump.
The government seems to be undecided on divestment. They invite bid and then withdraw everytime. Something fishy going on here. Don't think they will sell. Price had risen in anticipation of privatization. I think it
will not hold in mid term.
Strong fundamentals and growing bank. Past efforts of disinvestment from govt have failed. But likely it will come through in future given the intent shown by govt in past.
Possibly government may attemp another bidding for disinvestment.
Strong fundamentals, government disinvest likely
MARINE -2️⃣ Strong Breakout Candidate!📊 Volume Spurt!👀 Stop Loss Will be Support low!🕯 Momentum Candidate!💎
Strong Breakout Soon Candidate!📊 1- Tight Range Action 2- Basing Pattern 3- Volume Buildup 4- Holding Up-Well Keep on Radar. Potential Upside Stock!📈