POSTED BY October 5, 2010 3:50 pm COMMENTS (2)ON
I tried doing analysis of Andhra Bank stock. Let me know what more should i see and what am i missing/wrong in.
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.
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2 replies on this article “Andhra Bank Analysis”
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 🙂
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