Monday, April 28, 2014

Global Bank Could be the Stocks to buy, April 28, 2014

Global IME Bank Limited is a commercial bank whose profit has sky rocketed in this current fiscal year.

In it's unaudited quarterly report for the third quarter, it says,  the commercial bank has Rs. 72.88 crore as net profit. It was Rs. 36.10 last year. This is 102% rise in the profit which makes the stocks of Global IME Bank a must buy stock for now. 

Its EPS = Rs 23.61 
Its net worth per share= 147.16.

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