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Dhanlaxmi Bank gains on entry into silver retailing biz/news09012012

Monday, January 09, 2012

Shares of Dhanlaxmi Bank jumped over 2%, touching the weekly high of Rs49.80, after it announced a foray into silver retailing business that is likely to boost its fee income and profits, as per reports. The private bank is also an attractive buy as it is trading at half its book value, which means the stock is cheap compared to its peers, reports stated.
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