Karnataka Bank can test Rs 160-170, says Aashish Tater, Fortunewizard.com. The bank is planning to extend its branch count to 550 odd levels in FY13. That means you are getting Rs 2,200 crore company, Rs 4 crore per branch. The valuation seems very lucrative, given deals seen in the past.
first published: Oct 11, 2012 09:35 am
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