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Buy City Union Bk, target of Rs 32: Sushil Finance

Posted on: June 26th 2009 in Brokerage Recommendations.

Sushil Finance has recommended a buy rating on City Union Bank with a target of Rs 32 in its report June 18, 2009 report. “Key strengths of the Bank are high margins of +3.0%, one of the lowest opex ratio of 38%,well-capitalized with CAR of 12.5% (supported by very high percentage …

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