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Tuesday, 17 May 2016

Power Finance Corpn:Positional Sell: (Revised latest update)   *Big surge in NPAs: Dismal Q4*:  TP 164, 158
As against NPA provision of 293cr in 9 months *NPA provisioning in *Q4 alone can be 800+cr*
Bloomberg/market estimate is 1572cr

As per our reliable estimate/ info, *Profit will be Rs 1050 cr. That includes *one-time write back of 300cr*

After Adjustments,  *NP can be in 775-850 CR* . Huge miss *  Dont miss to SELL June Series

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