Thursday, May 6, 2010

Bank of Maharashtra: Back to Health?

BANK OF MAHARASHTRA: (BSE: 532525 | NSE: MAHABANK)
The YoY jump in net profit is insignificant at 1%, but this quarter marks a back-to-healthy step, as it further reinforces the turnaround that started in the December 09 quarter, after two consecutive quarters of poor performance. Still, a long way to go.

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