Sampath bank was able to increase their EPS from Rs.8.60 to 13.53 (For the 6 months ended June) which is 57% increase.
This gives a forcasted annualised EPS of Rs. 27 with a PE of 8.88.
When comparing with sector PE Sampath Bank is 50% discounted and when comparing with market its heavily discounted.
Recommendation - Good Buy
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