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Andhra Bank Surges 6% on Strong Q1

Andhra Bank shares rallied as much as 6 per cent to hit intraday high of Rs 72.90 on Monday as the company reported strong earnings growth for the first quarter of the current fiscal.   Andhra Bank on Saturday reported 89 per cent jump in its net profit at Rs 203 crore against Rs 107 crore in the same quarter of last fiscal.   Andhra Bank's net interest income (NII) or interest earned over interest expended surged 44 per cent annual...
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