Stock of the Month Dec'24 - English

Large-cap banking stocks remain a stable choice in volatile markets, offering lower risk and steady growth. The banking sector in India is robust, with NPAs at a 12-year low, even as the Bank Nifty index lags behind the broader Nifty 50. Amid this, we focus on a private sector bank that dedicates 75% of its business to core banking operations. Its fully owned subsidiaries in high-growth sectors further strengthen its position. Despite these operational advantages, the stock trades at a 10-year low Price-to-Book ratio. In this video, we analyze its financials, growth strategy, and valuation to help you assess its long-term potential for your portfolio.