Jackpot Stock Tip - Sure Shot Money

Jackpot tip, as the name suggests has the potential to make you a Millionaire as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to make you a Millionaire. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in Future and Options segment. Thus you are on a guaranteed path of making money every day with single daily accurate tip.

rocket call

Recover Lost Money Plan

A number of traders have lost their money in the market due to wrong trading advice or wrong decisions and emotions. We keep on getting a number of requests for helping these traders recover their lost money. Thus, this was the genesis of Recover Lost Money Plan. We are proud to say that till date we have helped 1290 people recover their lost money. Get Back your lost money with our Precision Tips backed by timely info and accurate technical analysis and foresight.

Recover Market Losses, Recover money lost with your stock broker

30 Mar 2009

4 Reasons for Avoiding Investment in ICICI Bank

1. It is an open verdict being given by our research team that one should avoid investing in ICICI bank and the reasons for the same stems from the facts as stated below:

(a) Gross and Net NPA (Non-Performing Assets) stands at 3% and 1.39% which is the highest in the banking industry. Moreover it is showing a falling margins trend, with FY08 consolidated net margins standing at a poor 5.2 percent down from about 6.4 percent a year ago.

(b) Moreover its Return on Equity (ROE) is 7.63% and RoA is 0.71% which can be just called as poor. One can see these figures in comparison of HDFC Bank which has RoE more than 16% and RoA at 1.42%.

(c) It has its efficiency ratio which is above 50% and same is a cause of concern as private banks like Yes Bank has efficiency ratio at 29.50%, Axis Bank 37.75% and State Bank of India (36.65%).

(d) ICICI bank net interest margins (NIM) is also showing a declining trend with FY08 NIM standing at 2.22%. One can get the correct picture when one compares the same with HDFC Bank net interest margins which is over 4% for the last few years and is showing improving trend.

2. Keeping in view of above HDFC Bank is a better investment than ICICI bank and one can keep away from further investing in ICICI bank.

    Other Recommended Posts

  • HDFC bank, ICICI Bank