2026-05-14 17:54:05
SKF India Ltd recommends final dividend of Rs. 40
Cybertech Systems and Software Ltd recommends final dividend of Rs. 4
JSW Dulux Ltd recommends final dividend of Rs. 50
LIC Housing Finance Ltd recommends dividend of Rs. 10
Chemfab Alkalis Ltd recommends final dividend of Rs. 1.25Research
Reduce Bank of Baroda - Target Price Rs.770 - Kotak
Posted On : 2012-10-23 22:14:09( TIMEZONE : IST )
Higher slippages, write-off and restructuring. 2QFY13 was a weak quarter led by higher slippages (2%), rise in restructured loans (40 bps qoq to 7% of loans), decline in coverage ratio (330 bps qoq) and earnings led by treasury (gains and write-back of depreciation was 15% of PBT).
We maintain our cautious outlook (corporate NPLs are currently at 1.6% levels) and would wait till we see slower additions to NPLs to turn positive. We maintain REDUCE and roll forward our TP to Rs.770 (from Rs.710 earlier).
