J&KBANK - Reverse Head and Shoulders Pattern

2023年8月5日

Jammu and Kashmir Bank (J&K Bank) is a Scheduled Commercial Bank and one of the oldest private sector Bank in India, incorporated in 1938. The Jammu & Kashmir Bank Limited offers a range of products and services such as loans, insurance, tax products/planning, savings and deposits, cards, mutual funds and non-resident banking.

Financials:
TTM EPS: 13.10
TTM PE: 5.16
P/B: 1.01
Face Value: 1
Mkt Cap (Rs. Cr.): 6,977
Sector PE: 24.03
Book Value Per Share: 66.86

Positives:

1. Company with high TTM EPS Growth
   
2. Strong Annual EPS Growth
   
3. Good quarterly growth in the recent results
   
4. Efficient in managing Assets to generate Profits - ROA improving since last 2 year
   
5. Growth in Quarterly Net Profit with increasing Profit Margin (YoY)
   
6. Company with Low Debt
   
7. Increasing Revenue every Quarter for the past 4 Quarters
   
8. Annual Net Profits improving for last 2 years
   
9. Company with Zero Promoter Pledge
   

Negatives:

1. Red Flag: High Interest Payments Compared to Earnings
   
2. Decline in Net Profit with falling Profit Margin (QoQ)
   

My Opinion: Just like my conviction in PSU Banks, I believe J&K Bank will also give good returns in the coming years.

NOT A RECOMMENDATION. JUST FOR EDUCATION. Thanks.

2023年9月7日

交易進行

CMP 95. 45% return in 1 month.

2023年9月17日

交易進行

CMP 105. High Made 110.

2023年12月16日

交易進行

CMP 124

2月7日

交易進行

CMP 144