Allahabad Bank

This is more of a Graham style investment. Using a similar method as valuating PNB, and after repeating similar mistakes as I committed in PNB, I've made sizable investment in ALBK, with the expectation for it to rise back again during Euphoria. My average cost now is Rs 139, and I plan to take profits and exit this stock completely when it rises above Rs 175 - 200, primarily because I don't believe very strongly in the business strengths, rather only the fact that it is a very good bargain below Rs 130 and can come back to Rs 200 when "good times" come back.

Here're my investment actions in ALBK: