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PNB, UCO Bank, Bank of Maharashtra & Central Bank: Have these shares run ahead of fundamentals?

PNB and Central Bank of India are likely to generate ROA of 0.1-0.3 per cent in FY24e but they are trading at 0.9-1.4 times FY24e ABV that looks unreasonably high, said Dalal & Broacha Stock Broking ....

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