Sensex

Saturday, August 07, 2010

Fw: Company Report: Andhra Bank – BUY

 

Andhra Bank – BUY

CMP Rs147, Target Rs168, Upside 14.3%

 

 

±  Shifting focus to high yielding segments of SME and retail

 

±  Establishing a pan-India presence

 

±  Comfortable asset quality, room to raise further capital

 

±  Best in class returns ratio; attractive valuations - BUY

 

 

 

http://content.indiainfoline.com/wc/research/researchreports/Andhra-Bank_050810.pdf

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