Thursday, October 28, 2010

Andhra Bank Q2 net profit up at Rs 303 cr

State-owned Andhra Bank has declared its results for the quarter ended September 2010. It has reported net profit at Rs 303 crore as against Rs 274 crore (YoY).

Net interest income jumped to Rs 783 crore from Rs 514.6 crore. Net interest margin stood at 3.9%.

The company's trailing 12-month (TTM) EPS was at Rs 22.89 per share (June, 2010). The stock's price-to-earnings (P/E) ratio was 7.94. The latest book value of the company is Rs 90.93 per share.

At current value, the price-to-book value of the company was 2. The dividend yield of the company was 2.75%.

The stock's price-to-earnings (P/E) ratio stands at 7.91 on (NSE).

Source: www.moneycontrol.com

Thanks,
Gaurav Agarwal
Head Dealer
DENIP Consultants Pvt Ltd

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