babutaaniket

J&KBANK - Reverse Head and Shoulders Pattern

Long
babutaaniket Updated   
NSE:J_KBANK   JAMMU & KASHMIR BA
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.
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