The Q2 result not reached the expectation. If we are comparing the Q1 to Q2 the profit is down by 40%. Sale increased 6% and the expenditure also went up 5.7%.
I think this is not justifiable, the performance says the management and BNP need to do more, investors have high expectaton abt the collaboration (Geojit & BNP) .
Their was a one time income in the profit of 13 cr in Q1,if we remove that i think it was a good result ,i think stock will react +ive in wednesday trade with aa target of 60 in week time.
| NIFTY 
