The stock gave multibagger returns of 177.5 per cent from its 52-week low of Rs 25.45 per share. 

The stock has increased by 311 per cent in the last 3 years.

Over the last five years, the company has generated good profit growth at a CAGR of 57.6 per cent.  

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PSU banks are an attractive play on the growing Indian economy as these banks have strengthened their balance sheet by fully providing for stressed accounts. The focus on improving underwriting practices is reflected in controlled slippages.

At market close on Thursday, the markets plunged, owing to weak market cues, globally. Sensex settled at 58,766.59, dropping 770.48 points or 1.29 per cent while Nifty 50 closed at 17,542.80, down by 216.50 points or 1.22 per cent.   

At the time of Tuesday’s closing bell, the markets rallied heavily, reversing all the losses and gaining the highest on the last trading of the month. 

At 4 pm, Sensex settled at 59,537.07 level, gaining a whopping 1,564.45 points or 2.70 per cent while Nifty 50 closed at 17,759.30, up by 446.40 points or 2.58 per cent.  

The domestic indices had a great start to the day but gave up the majority of the gains to end flat. With the exception of BSE Realty and BSE FMCG, almost all the other sectors were trading higher. With gains of over 1 per cent each, BSE Metals and BSE Consumer Durables were the top performing sectors.