Andhra Bank Analysis

POSTED BY TheZionView ON October 5, 2010 3:50 pm COMMENTS (2)

I tried doing analysis of Andhra Bank stock. Let me know what more should i see and what am i missing/wrong in.

 

Andhra bank

 

Stock Price                                    169

Earning per Share Mar ’10                  21.56

P/E Ratio                                            7.8

Equity Share Captial Mar’10               485.00Cr

Reserves                Mar’10               3,925.04Cr

Return on Net Worth(%) Mar’10          23.71%

 

With these prospects ,i feel its a good buy for long term?

Please enlighten me with important point i missed here.I am doing analysis on a stock for first time.So help me with my mistakes.

           

2 replies on this article “Andhra Bank Analysis”

  1. Jagadees says:

    @prabeesh
    while analyzing bank stocks we need to look for these 2 parameters – Return on equity and Return on assets which guage the profitability of the bank. You also have to look at net interest margins and NPAs i.e. Non-performing assets %. u can visit this site to see analysis of andhra bank and other PSU&private sector banks – http://www.stock-picks-focus.com/andhra-bank.html
    Besides andhra bank is a attractive dividend paying PSB. Its dividend yield is 3.75% – http://money.outlookindia.com/article.aspx?266218

    Happy investing 🙂

  2. prabeesh says:

    no one to comment?

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