PE & NPA of Banking Sector in India

Banking Sector Report based on PE & NPA

Here are the details of the banks listed in Indian stock market. Details of Current Market Price, PE & NPA of all leading bank is given below

Company	CMP	PE	NPA
Kotak Mah. Bank	677.25	35.13	0.98
HDFC Bank	616.2	20.59	1
Dhanlaxmi Bank	32.1	18.88	3
IndusInd Bank	413.25	18.67	0.27
ING Vysya Bank	490.05	13.94	1.92
ICICI Bank	958.4	12.59	3.23
I O B	43.2	8.69	1.63
Dev.Credit Bank	43.5	8.65	3.18
Axis Bank	952.4	8.22	1.1
St Bk of India	1,634.55	8.22	5.56
Central Bank	53.65	8	5.4
Yes Bank	292.95	7.48	0.04
Lak. Vilas Bank	62.85	6.69	2.75
Karur Vysya Bank	311.75	6.37	1.29
Federal Bank	280.75	6.37	0.93
City Union Bank	41.5	6.29	0.63
St Bk of Mysore	482.15	5.76	2.51
South Ind.Bank	20.2	5.26	1.08
UCO Bank	53.2	5.22	5.52
Stand.Chart.PLC	127.95	5.06	0.7
J & K Bank	1,151.10	5	1.67
Bank of Baroda	487.5	4.54	2.99
Karnataka Bank	85.2	4.47	2.11
United Bank (I)	30.45	4.34	3
IDBI Bank	56.25	4.25	4.3
S B T	430.4	3.48	2.56
Punjab Natl.Bank	447.45	3.31	4.84
Allahabad Bank	71.35	3.29	4.78
Oriental Bank	145.6	3.29	2.8
Canara Bank	204.45	3.14	2.91
St Bk of Bikaner	329.55	3.08	2.27
Bank of India	145.25	3.06	6.03
Vijaya Bank	36.6	2.99	2.17
Union Bank (I)	108.15	2.93	2.7
Bank of Maha	37.95	2.84	0.8
Corporation Bank	251.65	2.67	0.87
Andhra Bank	50.7	2.45	4.73
Pun. & Sind Bank	39.05	2.27	1.06
Dena Bank	47.4	2.18	2.7
Indian Bank	68.55	2.05	4.45
Syndicate Bank	68.9	2.06	1.99

It is tried to give you the best data available, visitors are requested to confirm the data if they are using for their use.

Increase in cigarette price will increase profit of ITC

ITC: expecting profit to increase due to price increase

About ITC: 

ITC Limited or ITC is an Indian conglomerate headquartered in Kolkata, West Bengal. Its diversified business includes four segments: Fast Moving Consumer Goods, Hotels, Paperboards, Paper & Packaging and Agri Business.

 

Fundamentals

• Cigaratte price of gold flake premium & classic milds is increased from Rs. 7 to Rs. 7.5. According to the research done by share khan, local retailers are selling these cigarattes at Rs. 8
• Cigarattes have inelastic demand and price increase will work in positive for the company which is good from investors point of view.
• Increased price will improve margin of the company.
•  Presently ITC stock is trading at approx 28x . With expected profit going up, I expect that price of the share will go up in medium term.
• Target price: Rs.379 

Technicals

Technically, the stock is getting momentum. The price increase has already shown effect with price increase from Rs. 295 to Rs. 308 in a single day. MACD is already shown crossover.

 

Buy Ceat tyres witha target of Rs.150

Buy Ceat tyres with a target of Rs.150

Ceat tyres has shown great results. It EPS went up from 2 to 30 which is a positive jump. Increased sales and controlled cost was the major reason for the increased profitability. Some key notes

Analysis of ceat ltd financial year 2012-2013

• Sales increased went up from 4827cr to 5349cr an increased of 10.81%
• Operating expenses have gone up by only 7% from 4206cr to 4500cr
• Operating profit went up by 53% from 272 to 418
• Net profit increased by a big margin from 8.9cr to 120cr a growth of 1190%
• The book value per share have increased from 190 to 217 which is a positive sign.

The stock will gain in medium to long term and I recommend to buy the share of the company with a target of 150

Buy Cipla with a target of 500

Buy Cipla

A research done by broking firm on Cipla by meeting the management of the company. The company is looking very strong. With exports as one of the  best avenue, falling rupee is helping the company to make more profits.

Here is the outline of the research:

Fundamentals

• Targets $5 billion by 2020
• Ambitious growth plans; USA, South Africa would be thrust areas
• Cipla Medpro to be earnings accretive from next year
• New pricing policy to impact 2-3% of total revenues
• A crucial court hearing in next month on overcharging

Technicals 

Technically the stock is showing more of side way movement and with so many positives, we are hoping that uptrend very soon.

Some data has been taken from share khan

 

Buy HDFC BANK if it crossed 620

Buy HDFC BANK

HDFC Bank is showing positive breakout since last few days. It has been seen that banking sector is doing well & with maximum market capitalization, it would react positively to government news.

MACD is about to give a cross over which is a positive sign.

4 reasons why market went down by 4% on friday 16th august

Just one day after independence day & India saw one of the biggest fall in stock market in a single day in last 4 years.

Here are 4 important reason why market went down

• Global Markets were down.
• Rupee fall impacting many sectors.
• Metal Sector was most affected.
• Hero Moto corp was the only company in green among NIFTY & SENSEX stocks