now its clear why the stock has under performed the market...the investors knew the results were going to be bad...dont expect any rise in the price...
Sales and Gross profit has increased quarter to quarter and it is only the Net profit that has come down. This will not affect the long term performance of this bank. The net provisons made during this quarter is 150 crores against 52 crores made during last quarter. This is a difference of 98 crores during this quarter. The profit has increased by over 64 crores if you omit the provisions. It is in line with expectations.
| NIFTY 
