Get Magazines for free

Categories

10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Please note

Note: The artciles are not research reports but assimilation of information available on public domain and it should not be treated as a research report.

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”

Disclosure: It is safe to assume that I might have the dkiscussed companies in my portfolio and hence my point of view can be biased.Readers should consult registered consultants before making any investments
.

Archives : Old artciles

Monday, August 22, 2011

Vijaya Bank:-Buy/sell/,growth prospects and recommendation,news and results,target price and analysis,view and outlook,multibagger

Scripscan:Vijaya Bank
cmp:60
Code:532401

Story:Vijaya Bank provides various commercial and retail banking services in India. Its deposit products include savings, current, demand, and term deposits. The company’s retail lending products include home, mortgage, professional, cash, equipment, motor, education, jewel, and reverse mortgage loans; loans for consumer durables; trade finance; loans to transport operators; loans against securities; and advances to agriculture, and micro, small, and medium enterprises. It also offers bank guarantees, foreign exchange and electronic remittance services, credit cards, General Insurance brokerage, mutual fund products, locker rental, and merchant banking services comprising depositary participant and online trading services. The company primarily serves small and medium enterprises, weaker sections, SC/ST beneficiaries, self-help groups, women beneficiaries, and minority communities. As of November 30, 2010, it had a network of 1,180 branches, 47 extention counters, and 500 ATMS.This bank probably posted the most disappointing numbers for Q1 in the PSU segment. Its net profit for the period dipped 58% at Rs.72.22 crore. This can be blamed fairly and squarely on the additional provisioning for NPAs of Rs.108 crore and MTM losses of Rs.76 crore. The additional provisioning was on account pensions to the retirees, which is one-time and non-recurring. Higher interest payout on the savings bank account also shaved off another Rs.75 crore. NII fell 37% at Rs.343 crore. Gross NPAs stood at 2.83% (2.32%) but this was mainly on account of the spillover effect of Q4FY11. Net NPAs was at 1.65% (1.35%).With interest rates going up further, the bank is sure to feel the heat some more. It has set itself a target of maintaining NIMs in the range of 2.7 to 2.8% for FY12, which in Q1FY12 stood at 2.32%. The Bank has adopted 100% system driven NPL measures and through this, it aims to contain gross NPAs at a level of less than 2%.Considering all these its a sell at present levels.Buy it below 45 bucks.

No comments:

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: arunsharemarket@gmail.com Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.
 
x

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner