Market Wizard
Mid Term Bumper Call Buy Vedavaag System (BSE - 533056) at CMP of 33 - 33.5 and dips till 30 Sl 29 Targets:- 35 - 36 - 37 - 38+ Above that we can see 40 - 44 - 47+ Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
VEDAVAAG 38.9❤️
ADDED AT 31.2 - 31.8 - 32.3 - 32.5
ADDED AT 31.2 - 31.8 - 32.3 - 32.5
Important Note
Since last 2 months are quantity of calls have been more because Smallcaps and Midcaps are in flavor and we dont want any of our members to feel left out. We are trying are best to give all types of calls to our members. Trying to satisfy all needs and demands brought up by members, but this rally will eventually fizzle out soon in few months. SO keep booking profits and keep your targets realistic. We wont be getting 20 - 30% moves just like we get now so quickly and easily in future. Having proper trading system and proper guidance is very important.
We at MARKET WIZARD will always working with same commitment and integrity for all.
Thanks and Regards,
TEAM MARKET WIZARD
Since last 2 months are quantity of calls have been more because Smallcaps and Midcaps are in flavor and we dont want any of our members to feel left out. We are trying are best to give all types of calls to our members. Trying to satisfy all needs and demands brought up by members, but this rally will eventually fizzle out soon in few months. SO keep booking profits and keep your targets realistic. We wont be getting 20 - 30% moves just like we get now so quickly and easily in future. Having proper trading system and proper guidance is very important.
We at MARKET WIZARD will always working with same commitment and integrity for all.
Thanks and Regards,
TEAM MARKET WIZARD
Short Term Aggressive Technical Call
Buy Bhagyanagar India at CMP of 53.2 - 53.9 and dips till 50.5
Sl 49
Targets:- 55 - 56 - 57 - 58 - 59 - 60+
Above that we can see 63 - 66+
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
Buy Bhagyanagar India at CMP of 53.2 - 53.9 and dips till 50.5
Sl 49
Targets:- 55 - 56 - 57 - 58 - 59 - 60+
Above that we can see 63 - 66+
Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing.
BUMPER MID TERM CALL
BUY RAMA STEEL AT CMP OF 77 - 78 AND DIPS TILL 72
SL 69
TARGETS:- 80 - 81 - 82 - 83 - 84 - 85 - 86 - 87+
ABOVE 87 WE CAN SEE 91 - 97 - 104 - 111+
DISCLAIMER:- I am not SEBI Registered. Please consult your financial advisor before investing.
It will hit UC today
BUY RAMA STEEL AT CMP OF 77 - 78 AND DIPS TILL 72
SL 69
TARGETS:- 80 - 81 - 82 - 83 - 84 - 85 - 86 - 87+
ABOVE 87 WE CAN SEE 91 - 97 - 104 - 111+
DISCLAIMER:- I am not SEBI Registered. Please consult your financial advisor before investing.
It will hit UC today
Market Wizard
FREE EDUCATIONAL TELEGRAM CHANNEL
Disclaimer : This channel DOES NOT provide any stock market related advice or recommendation
All the posts appearing in the channel are only for educational and informational purposes.
ALL RIGHTS RESERVED !!!
https://t.me/marketswizard
FREE EDUCATIONAL TELEGRAM CHANNEL
Disclaimer : This channel DOES NOT provide any stock market related advice or recommendation
All the posts appearing in the channel are only for educational and informational purposes.
ALL RIGHTS RESERVED !!!
https://t.me/marketswizard
Telegram
Market Wizard
FREE FINANCIAL EDUCATIONAL CHANNEL
Disclaimer : We are not SEBI Registered. Please consult your financial advisor before investing.
All the posts appearing in the channel are only for educational and informational purposes.
ALL RIGHTS RESERVED!!!
Disclaimer : We are not SEBI Registered. Please consult your financial advisor before investing.
All the posts appearing in the channel are only for educational and informational purposes.
ALL RIGHTS RESERVED!!!
*Punjab National Bank Ltd.* | *CMP* Rs. 43 | *M Cap* Rs. 45159 Cr | *52 W H/L* 46/26
(Nirmal Bang Retail Research)
*Result is in line with expectations*
Figures are not comparable YoY as OBC & United Bank of India were amalgamated with PNB in FY21.
Net Interest Income came at Rs. 6938 Cr vs expectation of Rs. 8011 Cr, YoY Rs. 4678 Cr, QoQ Rs. 8313 Cr
Non Interest Income came at Rs. 3742 Cr vs expectation of Rs. 1860 Cr, YoY Rs. 2529 Cr, QoQ Rs. 2974 Cr
PBP came at Rs. 5634 Cr vs expectation of Rs. 6140 Cr, YoY Rs. 3932 Cr, QoQ Rs. 6391 Cr
Provisions came at Rs. 4686 Cr vs expectation of Rs. 4450 Cr, YoY Rs. 4901 Cr, QoQ Rs. 5433 Cr
Adj. PAT came at Rs. 586 Cr vs expectation of Rs. 627 Cr, YoY Rs. -697 Cr, QoQ Rs. 506 Cr
Gross NPA came at 14.12% vs QoQ (proforma) 14.71%
Net NPA came at Rs. 38576 Cr vs QoQ (non-proforma) Rs. 26598 Cr at 5.73% vs QoQ 4.03%
Quarter EPS is Rs. 0.6
Share is trading at P/E of 9x FY22E EPS & 0.9x trailing P/Adj. BV
(Nirmal Bang Retail Research)
*Result is in line with expectations*
Figures are not comparable YoY as OBC & United Bank of India were amalgamated with PNB in FY21.
Net Interest Income came at Rs. 6938 Cr vs expectation of Rs. 8011 Cr, YoY Rs. 4678 Cr, QoQ Rs. 8313 Cr
Non Interest Income came at Rs. 3742 Cr vs expectation of Rs. 1860 Cr, YoY Rs. 2529 Cr, QoQ Rs. 2974 Cr
PBP came at Rs. 5634 Cr vs expectation of Rs. 6140 Cr, YoY Rs. 3932 Cr, QoQ Rs. 6391 Cr
Provisions came at Rs. 4686 Cr vs expectation of Rs. 4450 Cr, YoY Rs. 4901 Cr, QoQ Rs. 5433 Cr
Adj. PAT came at Rs. 586 Cr vs expectation of Rs. 627 Cr, YoY Rs. -697 Cr, QoQ Rs. 506 Cr
Gross NPA came at 14.12% vs QoQ (proforma) 14.71%
Net NPA came at Rs. 38576 Cr vs QoQ (non-proforma) Rs. 26598 Cr at 5.73% vs QoQ 4.03%
Quarter EPS is Rs. 0.6
Share is trading at P/E of 9x FY22E EPS & 0.9x trailing P/Adj. BV
*Bajaj Finance – Mid Qtr Update regarding impact of second wave of covid*
*Outlook: Negative in near term, Positive in long term*
• Co estimates an incremental credit cost of Rs. 1,100-1,300 Cr versus planned credit cost in FY22 on account of disruption caused by the second wave. *Thus credit cost is likely to increase from earlier guidance of 1.6% to 2.25%.*
• Average EMI bounce rates in Q1FY22 were approximately 1.08x of Q4FY21.
• Due to constraints on collections amidst lockdowns across most parts of India, the co estimates its GNPA and NNPA in Q1 and Q2 to be higher.
• B2B and Auto Finance businesses were most affected and delivered 70% of their planned volumes in April 2021 and 40% in May 2021.
• Other lines of businesses were less impacted in April and delivered 85% of planned disbursements.
• *Overall, co delivered 60% of planned disbursements in May.*
• With expected reopening, June should be much better.
• *Co estimates an impact of Rs. 4,000-5,000 crore to its AUM growth plan for FY22.*
• The Company has taken several actions to reduce its opex and cost of funds to mitigate the impact.
Stock is trading at P/E 38x FY23E and P/B of 7.1x FY23
*Outlook: Negative in near term, Positive in long term*
• Co estimates an incremental credit cost of Rs. 1,100-1,300 Cr versus planned credit cost in FY22 on account of disruption caused by the second wave. *Thus credit cost is likely to increase from earlier guidance of 1.6% to 2.25%.*
• Average EMI bounce rates in Q1FY22 were approximately 1.08x of Q4FY21.
• Due to constraints on collections amidst lockdowns across most parts of India, the co estimates its GNPA and NNPA in Q1 and Q2 to be higher.
• B2B and Auto Finance businesses were most affected and delivered 70% of their planned volumes in April 2021 and 40% in May 2021.
• Other lines of businesses were less impacted in April and delivered 85% of planned disbursements.
• *Overall, co delivered 60% of planned disbursements in May.*
• With expected reopening, June should be much better.
• *Co estimates an impact of Rs. 4,000-5,000 crore to its AUM growth plan for FY22.*
• The Company has taken several actions to reduce its opex and cost of funds to mitigate the impact.
Stock is trading at P/E 38x FY23E and P/B of 7.1x FY23