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SKS has factored in worst; only upward risk left

Santosh Singh of Espirito Santo goes bullish on SKS Microfinance with a target price of Rs 370 based on FY13 book value. This is after factoring in the write-off of the Andhra book.

May 10, 2011 / 13:52 IST
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Share price of SKS Microfinance has been at stormy seas. Interest rate issues, issues of non-repayment of loan, and now the Malegam Commission recommendations

TAGS: #Andhra book #Espirito Santo #Malegam Commission #MARKET OUTLOOK #non-repayment of loan #price to book value #restricted area write-off #SKS Microfinance #state-wide regulation #worst case scenario #write-off
first published: May 10, 2011 01:00 pm

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