state bank of india (Citi) 4QFY11 Results: Disappointing Quarter, Operationally Weak

Weak quarter, 4Q11 profits down to Rs209mn; There was an element of kitchen sinking as well; Lack of transparency and consistency in accounting, disclosures; Outlook: Operationally, reasonably healthy
Date Rating Target Price Recommendation Price Broker house
17 May 2011 buy 3110 2413 Citi Report

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