So, we have been maintaining a very positive buy on this

If you take the adjusted book value for next year the stock roughly trades at less than 1.3 times, which given to large players like HDFC Bank, Yes Bank, Axis Bank and ICICI is trading at much steeper discount. We feel that eventually with good performance the company would bridge this particular gap. So, we have been maintaining a very positive buy on this particular stock along with Yes Bank..

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