Equity / Stocks - ING Vysya Bank in MARKETS - CMP: 447
ING Vysya Bank Limited is a full service bank. The Bank offers a wide range of banking services ...
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10-20-2012 07:25 PM
ING Vysya Bank
CMP: 447
ING Vysya Bank Limited is a full service bank. The Bank offers a wide range of banking services and financial products, including corporate and commercial banking services, treasury management, retail banking, private banking, as well as mutual funds, Demat, and credit cards.
ING Vysya Bank is a good bet in mid-cap banking space trading at a P/E of less than 14. Dividend yields of close to 1% in the last 12 months. Revenues have risen from 1680 Crores to 3856 Crores in the last 5 years. Profits have risen from 136 Crores to 456 Crores in the last 5 years. NPM has risen from 8% to nearly 12% in the last 5 years. Buy and hold for long term gains.
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