mahindra and mahindra financial services (Citi) 4Q11 Results: Strong Quarter, Business Momentum Continues

Healthy earnings with 4Q11 profits up 15%YoY; P&L: NIMs improvement a key positive; Balance sheet: Getting diversified and de-risked; Good quarter but priced in
Date Rating Target Price Recommendation Price Broker house
26 Apr 2011 sell 760 776 Citi Report

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