Analyst Research Report Snapshot

Title:

Dhanlaxmi Bank price 12.5% below VWP, down for a second day

Price:

$5.00

Provider:

News Bites Pty Limited

Date:

26 Apr 2012

Pages:

18

Type:

AcrobatPDF

Companies referenced:

DNBK.NS

Available for Immediate Download
Summary:

Dhanlaxmi Bank Limited (DHANBANK), India's 40th largest banks company by market capitalisation, weakened Rs1.50 (or 2.4%) to close at Rs61.30. The price is at a discount of 12.5% to the 1-month volume weighted average price of Rs70.07, which may appeal as a value proposition. The stock fell for a...

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