I was always interested in investing. My first lessons about investing., I believe that book by Mr. Graham helped me a lot in gaining some knowledge of stocks.
In search of good stock , after doing so much of research , i picked a banking stock which was the latest bank that was granted licence. I would not tell the details of stock. However the returns on the stock were awesome. I got a returns of 5 times in less than an year. It was my best investment till date....
Some important points that I have taken care while picking this stock..
The stock was trading at very low P/E ratio in comparison to its peers.
I have done a little bit of research of the management...They were very good.
There was very little debt on balance sheet.
Important thing is opportunities for growth are huge in banking sector.
Suggest all to invest after doing good research about stock .
If you don't have time invest in mutual funds....
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