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Buy Andhra Bank; target of Rs 121: Magnum

17 August 2012 02:20

,Moneycontrol.com,Andhra Bank's provisions and contingencies rose 16.73% to Rs 206.56 crore in Q1 June 2012 over Q1 June 2011. The Provision Coverage Ratio stood at 60.38% as on 30 June 2012. Restructuring pipeline remains limited upto to the tune of Rs 300 crore.,

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Buy Andhra Bank; target of Rs 121: Magnum

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