HomeNewsBusinessStocksJPMorgan cut price target of SKS Micro by 21%; stk slips

JPMorgan cut price target of SKS Micro by 21%; stk slips

SKS Microfinance touched an intraday high of Rs 651.55 and an intraday low of Rs 638.30. At 09:38 hrs the share was quoting at Rs 648, down Rs 3.60, or 0.55%. JPMorgan has reduced price target by 21% to Rs 550 and also cut EPS by 34/72/35% For FY11/12/13E, reports CNBC-TV18.

January 13, 2011 / 09:46 IST
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SKS Microfinance touched an intraday high of Rs 651.55 and an intraday low of Rs 638.30. At 09:38 hrs the share was quoting at Rs 648, down Rs 3.60, or 0.55%.

JPMorgan has reduced price target by 21% to Rs 550 and also cut EPS by 34/72/35% For FY11/12/13E, reports CNBC-TV18.
 
It was trading with volumes of 22,993 shares. Yesterday the share closed up 0.21% or Rs 1.35 at Rs 651.60.

Share Price Movement During The Last 12 Months
PeriodPriceLatest PriceGain/Loss (Rs.)% Gain/Loss
3-Days640.75648.007.251.13
5-Days638.20648.009.801.54
7-Days639.50648.008.501.33
15-Days649.10648.00-1.10-0.17
1-Month718.05648.00-70.05-9.76
3-Month1274.70648.00-626.70-49.16
6-Month1088.58648.00-440.58-40.47
9-Month1088.58648.00-440.58-40.47
1-Year1088.58648.00-440.58-40.47

first published: Jan 13, 2011 09:43 am

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