Sunday, June 6, 2021

Punjab National Bank (532461) – One Bank with Double Gain

Punjab National Bank (532461) closes   at 43.10  with  a   Fall  of   -1.50%   on    04-June-2021  with formation of  a  Small  Red  Candle    on Daily  Price Chart.

About the Company : Punjab National Bank is India's first Swadeshi Bank. PNB is a Banking and Financial service bank owned by the Government of India with its headquarters is in New Delhi, India. It is the second largest PSU after SBI in India

Financials : Punjab National Bank has posted Net Sales / Revenue   of 81866.00 Cr & Net Profit  of  2562.00 Cr in FY2021 .

Valuations  : The Company is now Trading at X 1.1   of its  valuations of its FY2021 earnings with ~10% Premium and X0.47 of its FY2022 earnings with ~43% Discount to its value.

Margin of Safety (1Yr Bond Yield: Value>1 ) is now  1.4  which  makes is attractive .The  Equity Value Per Share ( Enterprise Value Method ) is  43.10

Latest Management Update : 1. PSBs have identified bad loans worth 84,000 crore to be transferred to the proposed government­-backed bad bank National Asset Reconstruction Company Ltd (NARCL)This public sector lender has also identified bad loans worth 8,000 crore that it intends to transfer in the rst phase

2.Punjab National Bank (PNB) expects its bottomline to be at least 6,000 crore this fiscal.

If We factor its FY2022 earnings/valuations, its Price arrives at 90.70

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

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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   |

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Thursday, June 3, 2021

TOP Picks

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

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

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   |

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Wednesday, June 2, 2021

Sudarshan Chemical Industries Ltd (506655) – Pigment Player

Sudarshan Chemical Industries Ltd (506655) closes   at 669.25  with  a   Fall  of   -0.20%%   on    01-June-2021  with formation of  a  Small  Red  Candle    on Daily  Price Chart.

About the Company : Sudarshan Chemical Industries manufactures and sells a wide range of Organic and Inorganic Pigments, Effect Pigments. The Group also manufactures Pollution Control Equipment, Size Reduction Equipment and Grinding Equipments for industrial applications

Strength :  Two major global players shifting away from the pigment business could act as a tailwind for  ndian pigment manufacturers

Financials : Sudarshan Chemical Industries Ltd has posted Net Sales / Revenue   of  1864.10 Cr & Net Profit  of  141.10Cr in FY2021 and expected to post Net Sales / Revenue   of 2163.10 Cr & Net Profit of 161.70 Cr in FY2022 & Net Sales / Revenue   of 2477.50 Cr & Net Profit of 201.80 Cr in FY2023

Valuations  : The Company is now Trading at X 2.0   of its  valuations of its FY2021 earnings with ~100% Premium and X1.72 of its FY2022 earnings with ~70% premium and X1.38 of its FY2023 earnings with ~38% premium.

Margin of Safety (1Yr Bond Yield: Value>1 ) is now  -0.8  which  makes is attractive after a ~20% fall in market price. The  Equity Value Per Share ( Enterprise Value Method ) is  665.80.

Latest Management Update : Exports accounted for 49 per cent of revenues for the pigment segment; Specialty pigments constituted 68 per cent of the revenues for pigment segment in Q4; The company’s Capex is planned to build and concentrate onincreasing specialty pigments in its mix; It is about to finish its Capex plan of ₹600 crore in FY22; Sales from the total Capex will ramp up gradually over 3­4 years. This Capex has a revenue potential ₹1,000­1,200 crore at full capacity. Additional Capex for FY22 is ₹135 crore, which will be used to build infrastructure; and raw material price inflation is about 2­2.5 per cent.

If We factor its FY2023 earnings/valuations, its Price arrives at 970.00

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 |

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   |

Manage your investments the right way With MProfit. Visit https://www.mprofit.in/

Use Our Referral Link to Get 20% DISCOUNT @ https://www.mprofit.in/buy?referral=R1GD99J496AB1345D

 


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