Pessimism tends to be quite strong in this stock. However, as long as the EPS and book value continue to grow while NPAs remain manageable, it’s not a major concern. The price can quickly adjust, often within just a week or a few trading sessions. Currently, it’s trading at about 1.3 times the book value and PE 6.7 , so I believe the downside risk is fairly limited at this point. It’s hard to catch the absolute bottom, but I feel this is near it
Results on 5th November
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