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Andhra Bank up on expansion plans
Posted on: January 7th 2010 in Market News.
Andhra Bank ended at Rs 109, stronger by 1.5%, on the BSE. The stock opened at Rs 109 and touched a high of Rs 110 and a low of Rs 108 during the day. The counter saw total trades of 2.84 lakh shares as against the two-week average of 2.68 lakh shares. Andhra Bank is eyeing Rs 3,600 c…
Buy Andhra Bank, target of Rs 74: Karvy
Posted on: April 7th 2009 in Brokerage Recommendations.
Karvy Stock Broking has maintained its buy rating on Andhra Bank with a price target of Rs 74 in its april 6, 2009 research report. “We revise Andhra Bank’s FY10 estimates mainly to factor in higher NPAs and restructured loans and much higher credit costs. …
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