Dr Agarwal's Eye Hospital Ltd - Will see fast recovery in private healthcare sector

Dr Agarwal's Eye Hospital Ltd  closes   at ₹220.00   with  a  Fall   of   - 4.30  %   on    22-May- 2020   with formation of  a  Small Red  Candle    on Daily  Price Chart.

Whats make it Attractive :  Dr. Agarwal’s Eye Hospital, which treats around 15,000 patients daily across India and abroad, is running at 30­40 per cent capacity. The hospital is witnessing increase in footfalls since the lockdown restrictions have been relaxed in many parts of the country. “Some of our hospitals are already full, but in some places people are unable to come to the hospital because of transportation issue,” ( Source : Media )

As the hospital is in Eye care filed, which gives it an extra edge compare to others.

The company is expected to post  Total  Revenue  of Rs.200.00 Cr & Net Profit of Rs.15.34 Cr (Latest Year  Revenue was Rs.178.60 Cr & Net Profit of Rs.13.70 Cr  FY2020)  in FY2021.

Valuations  : The Company is now Trading at X 0.6 of its Value ( last 4 Quarters earnings considered ) . We have valued the company with its full  Financial  year 2020 earnings  ( PAT ), which is now X0.45 at a  Discount  of ~55% and X 0.40 of its FY21 earnings with a Discount of ~60% .

Entreprise Value (EV) will rise to Rs.103.4 Cr from Rs.89.70 Cr in FY2021 to  FY20 and Book Value will rise from Rs.117 in FY2020 to Rs.139 in FY2021.

Disclaimer : We are / may going to take exposure shortly.

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Data Source | NSE Website | Screener.In  | Capital Line | Money Control | SMC Global |

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 me/us at | Twitter # NiftyNext1 |  e-Mail : Mail@NiftyNext.Com  |  Tel +91 8802230836  |  Telegram # TheNiftyNext   |

Which Stocks to be Benefited from Atmanirbhar Bharat Proposals

We have gone through Atmanirbhar Bharat Proposals, recently announced and find the below Companies / stocks are going to be benefited in the long Term.

1	Sunteck Realty Ltd
2	Godrej Properties Ltd
3	Prestige Estates Projects Ltd
4	Larsen & Toubro Ltd
5	HDFC Bank
6	ICICI Bank
7	Axis Bank
8	IndusInd Bank Ltd
9	Tata Power Company Ltd
10	Adani Transmission Ltd
11	Hindalco Industries Ltd
12	Tata Steel Ltd
13	JSW Steel Ltd

Disclaimer : We are / may going to take exposure shortly.

Join Us at   Telegram #   https://t.me/TheNiftyNext

Data Source | NSE Website | Screener.In  | Capital Line | Money Control | SMC Global |

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 me/us at | Twitter # NiftyNext1 |  e-Mail : Mail@NiftyNext.Com  |  Tel +91 8802230836  |  Telegram # TheNiftyNext   |

Which Bank to AVOIDE now ?

Recently RBI has extended loan moratorium till Aug 31,2020 on one-time restructuring, taking the total moratorium period to six months.

As  per our opinion, it will affects bank’s financials negatively. Borrowers are opting the moratorium mainly to preserve cash for future need; which will definitely affect the retail consumptions too.

We have gone through the April’s 2020 loan portfolio of major banks and % of borrowers base opting for this extended 6months moratorium is scrutinized for better understanding the Banking sector and its effect on our Banking Stocks.

Axis Bank has around 25-28 per cent of its loan book under moratorium as of April, while for ICICI Bank, about 32 per cent of the customers by value — both retail and corporate . 26 per cent of Kotak Mahindra Bank’s borrowers while 71 per cent of Bandhan Bank’s loan book by value is under the moratorium & State Bank of India has around 20 per cent of the bank’s borrowers opting for moratorium.

With more than 70% borrower’s opting for moratorium, Bandhan Bank will find hard to manage its loan portfolio with spike in NPA after August 2020.

Disclaimer : We are / may going to take exposure shortly.

Join Us at   Telegram #   https://t.me/TheNiftyNext

Data Source | NSE Website | Screener.In  | Capital Line | Money Control | SMC Global |

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 me/us at | Twitter # NiftyNext1 |  e-Mail : Mail@NiftyNext.Com  |  Tel +91 8802230836  |  Telegram # TheNiftyNext   |