Posts Tagged ‘ hold ’

  CM Price Rs.57.45 KEY HIGHLIGHTS Paper Products Ltd. reported its Q4CY09 & CY09 results recently. Net sales and EBIDTA were in-line with our estimates while PAT was higher on lower depreciation. Net sales dipped by 5.6% while operating margins expanded on account of favorable product mix, fall in raw material prices and other cost...

Target  Rs.616 CM Price Rs.564.85 BoB’s PAT growth stood at 18% y-o-y in Q3 FY10 on back of strong NII growth and lower provisions (incl tax). Advances grew by 23% whereas margins expanded by 32bp sequentially. Fee income growth was 27% y-o-y and CASA improved by improved by 84 bps y-o-y. Asset quality remains...