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Sunday, March 11, 2018
Stocks where Long Build Up has seen -Options
You can reach the author at +91 880 2230 836 or e-Mail : mail@niftynext.com
Indian Traders Now Looking Up at SGX
Indian Traders are eagerly watching the SGX
Index, which has closed with gain of +104.20 point to 10337.25 on last Trading
session on 09-March-2018. Back home ( India ), Nifty-F closes at 10216.5 with a
fall of -0.3% on 09-Mar-2018.
As per our calculations, Nifty-F will trade
with Flat to Positve note on Monday, 12-March-2018. It will touch the high of
10294 & low of 10197 and will settle with Flattish note.
PNB Shares Valuations
As per latest reports, PNB has to make provision for 127
Billion INR by March 2018, as per prevailing RBI's Norms. Managements is
requesting to spread this provision for next 4 quarter.
As Per management comments, it will do provision for Rs.60
Billion in March 2018.
Business Standard: http://www.business-standard.com/article/finance/scam-hit-pnb-may-need-to-provide-for-around-rs-60-bn-in-losses-this-quarter-118031000015_1.html
As per our Calculations ( Data used from www.screener.in ) , PNB’s Earning Power
Value ( EPV ) comes at 17258.99 Cr as on 31.03.2017. Taking account into the
various Reports into consideration, the Indian Banking Sectors will struggle to
come out of the RED. We are expecting a moderate growth in its EPV of ~25% in
the next years (2018-2019).
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