Sunday, April 14, 2019

City Union Bank Ltd: Valuations & Price Target Update

City Union Bank Ltd is currenctly trading at Rs.198.20 & available at X2.2 of its Valuations. Cos. is expected to post robust Q4FY18-19 results. If we factor it, its is trading at X1.55 of its Valuations.
The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Saturday, April 13, 2019

BCL Industries Ltd: Valuations & Price Target


BCL Industries & Infrastructure is an India-based company engaged in the business of edible oils, distilleries and real estate.It has strong presence in Ethanol manufacturing & currently Trading X 0.5 of its Valuations ( Last 4-Q Earnings considered ) is now Trading at X0.5 of its Current Valuations. Net Cash/Share is Rs. 24 & its fair value comes at Rs.214.7.
The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

Asahi India Glass Ltd : Valuations & Price Target


Asahi India Glass Ltd (ASAHIINDIA) is engaged interalia, in the business of manufacturing of Auto Glass, Float Glass and other value added Glasses.Important Financial ratios are showing improvement. Cos is expected to show flattish Net Profit in FY 2018-19 due to sluggishness in Auto Sector.With revivial of the Auto Industry in near future and huge demand of glasses in the Housing sector, we are expecting that Cos will post Net Profit of Rs.272.7 Cr in FY2020 & Rs.364.8Cr in FY2021 compare to Rs.196.1Cr in FY2019.
On Valuation front, Cos is now Trading at X3.2 of its EPV (Last4Q) & if we factor the FY2020 earnings, it is available at X1.26. Any correction to the level~202 will be a good opportunity for Buying. Its value arrives at Rs648 (at present related valuations) for FY2020.

The author tracks economic, behavioural and corporate tends, hoping to gauge good avenues of return based on Fundamental Valuations of Stocks, a follower of EPV method.You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com

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