Some of the PSU banks like Punjab National Bank have not moved up that much, probably it is a great time to buy. Our belief is that all PSU banks will come with a stellar set of numbers due to a combination of multiple factors including loan growth, asset recovery, asset quality improvement and a whole host of other such things and so buying into them will probably give the investors a bang for the buck.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,