|
|
|
| Name of Company | Oriental Bank of Commerce |
| BSE Code | 500315 |
| NSE Code | ORIENTBANK |
| ICICI Code | |
| Established | |
| My Take | Like |
| Headquarters | |
| Promoters | |
| Story | 11th largest branch network and 10th largest bank by assets in India. Has over 1300 branches all over India. Government ownership is at 51% (cannot reduce further), FII holding is at 20% (cannot increase). |
| Sector | Banking |
| Sub-sector | Mid-sized PSU bank |
| Website | |
| Positives | 2010 Dividend yield was at 3% yield (at current price of 320) – dividend has been increasing from earlier years. 8000 Cr market cap for a 1100 Cr. 7000 Cr reserves for a 10K Cr revenues in FY10. Mostly maintains above 10% NPM's. Revenues growth from FY06 to FY10 has more than doubled from 4100 Cr to 10K Cr. |
| Negatives | |
| Peers | |
| News | |
| Price @ blogged | 320 (7-Jul-10) |
Search This Blog
Jul 4, 2010
Oriental Bank of Commerce - 500315
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment