Stock Picking - Art Or Science

If there is one Legal way to Become Rich early, it is by Investing in Stocks and Real Estate. In this Blog you will not see general news which are available at numerous sites, instead u will get filtered news and opinions which matter. Many a times some small but important news were overlooked because of simultaneous big event, I try to put all those news in my Blog. The Home Page shows posts of only last 10 days. To see all the posts click on the month in the Archive section.

Friday, January 13, 2006

Centurion Bank Of Punjab - Good Performance

Exceptional set of numbers from Centurion Bank Of Punjab. For the Quarter Ended Dec. 05, Net Profit is up from Rs. 71 Million to Rs. 233 Million a jump of 227.7% (YOY) and 11.3% (QOQ), Operating Profit up from Rs.73 Mn. to Rs. 349 Mn. a jump of 376.4% (YOY) and 28.8% (QOQ).

Total Advances also increased to Rs. 56948 Mn. a jump of 196.5% (YOY) and 11.4% (QOQ). A noticing factor is that the Net Non-Performing Assets are down to 2.6% (3.4% in QE Dec.04).

The Bank operates through 240 Branches and 388 ATMs and it has a Presence in 122 cities across India. The stock was up more than 5% in the mid-session.

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Stock Picking - Art Or Science

Friday, January 13, 2006

Centurion Bank Of Punjab - Good Performance

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