Stock market analyst Ashish Chaturmotha of Anand Rathi Securities is of the view that investors can buy Syndicate Bank stock with intra-day target of Rs 100.

According to analyst, the investors can buy the stock with stop loss of Rs 88.65.

The shares of the bank, on June 08, closed at Rs 92.65 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 105.40 and a low of Rs 65.05 on BSE.

Current EPS & P/E ratio stood at 15.58 and 6.03 respectively.

The Syndicate Bank is ready to recruit 1000 Probationary Officer in the JMG Scale Grade - I (Junior Management Grade). The public sector bank has already started the process for recruitment. The application form and other related details can easily be downloaded from the bank's internet site.

The application for the post of PO in the bank will have to be made online by the candidates looking for job in Syndicate Bank as an Officer.

Set up in the year 1925 in Udupi, Syndicate Bank's main aim at that time was to offer up financial help to the local weavers who were crippled by a disaster in the handloom business by mobilizing small savings from the society.

The bank's main activity is to provision of commercial banking and connected activities. It runs via a hige network of 2227 divisions.