Tuesday, September 30, 2008

Buy ICICI Bank at Rs 500: Vijay

Vijay told CNBC-TV18, "I will buy ICICI Bank at Rs 500. I think its been driven by humongous set of room among us for last 20 days; first, insider selling and then questioning the provisions made and repeatedly the management has been saying, this is rubbish. I respect the ICICI Bank management, I think they do not tell lies, they are professionally run bank and if I believe what they said I think at Rs 500 it’s a screaming buy.”

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

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