The bank has guided for a best ever Q4.
In this quarter, 2 trends are being seen:
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Results across mid caps are inconsistent. Q4 was good but Q3 was not-so-good and vice versa. Predicting the quarterly numbers hasn’t been that straightforward.
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Markets hv their own assumptions in driving stock prices.
While ujjivan PPOP was 25% higher, PAT growth was weak although it met management guidance of record profit. NNPA surprisingly disappointed.
To me the numbers are below impressive, but let’s see what market does.
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