HYPING IN THE STOCK MARKET IS A DAY IN AND DAY OUT AFFAIR. IT IS ALSO FASHIONABLE TO BUY STOCKS AT 52 W HIGH ONLY TO LICK WOUNDS . FEW VENTURE TO BUY AT DECENT LEVELS
IN THE CURRENT MKT CANBK AND ORIENTAL BANK ARE GOING CHEAP AS THEY ARE QUOTING AT BASEMENT LEVELS AND AT ATTRACTIVE VALUATIONS. ONE SHOULD START SIP IN THESE STOCKS AT THESE THROW AWAY PRICES
| CANBK | ORIENTALBANK | |||
| FV | 10 | 10 | ||
| EQUITY | 542.99 | 299.85 | ||
| BK.VALUE | 551.18 | 457.45 | ||
| P\E | 3.79 | 4.64 | ||
| P\BV | 0.33 | 0.24 | ||
| CMP | 179.9 | 104.15 | ||
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