May 7, 2014-Stocks to buy:
Machhapuchhre Bank Limited.
Today's Closing Price: Rs. 488,
With the unaudited third quarterly report published, the appreciation in the price of the share of the bank is seen to be the probable option for now. The profit of Machhapuchhre Bank is up by 223.39% in the quarter. It was Rs. 9.83 Crore in the corresponding quarter last fiscal year and now it's Rs. 31.79 Crore.
There is decrease in Non-performing loan by 2.73 %.
EPS= Rs. 17.1
Net worth pershare= Rs. 125.79
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