Centurion Bank Of Punjab.

VVLN Shastri of Firstcall India Equity Advisor is of the view that Centurion BoP has target of Rs 50.
Shastri told CNBC-TV18, "The topline growth rate expected from Centurion BoP for the next four quarters is in the range of about 50% and the bottomline growth rate expected from this bank is anywhere between 35-40%. Though it has shown tremendous amount of turnaround for the past one year and has shown increased growth trend but I feel going forward it is going to stabilize and the bank maybe in a position to show constant growth trend irrespective of that I feel the bank still requires a good amount of re-rating and I foresee a upward price target of Rs 50 for this bank in a time span of atleast 6 months going forward."