J&K Bank at CMP

Hi All,

What's the story with J&K Bank ? Some news about stock split. Has fallen quite well recently from 1900 to 1500 levels.
Could this be a good investment opportunity ?

Thanks
Naveen

 

Hi Shabbir,
I found the below details and thought of checking with people over here to get inputs.
The P/E of 6.37 and Industry P/E of 17.64 and EPS consistently going up year after year.
These things were the once that caught my attention.

Not sure if something has gone seriously wrong and lie unnoticed as I am not a professional fundamental analyst.

P/E 6.37
BOOK VALUE (RS) 1247.41
DIV (%) 500.00%
INDUSTRY P/E 17.64
EPS (TTM) 243.92
PRICE/BOOK 1.24


Mar ' 14 Mar ' 13 Mar ' 12 Mar ' 11 Mar ' 10
Sales 6,767.00 6,136.79 4,835.58 3,713.13 3,056.88
Operating profit 5,444.13 4,863.61 3,864.20 2,739.10 2,312.92
Interest 4,082.52 3,820.75 2,997.22 2,169.47 1,937.54
Gross profit 1,899.75 1,810.76 1,370.33 1,149.49 958.20
EPS (Rs) 243.86 217.59 165.65 126.87 105.67

Looking forward for comments.

Thanks
Naveen

 

Hi Shabbir,

hope your looking at sales alone (bcoz one of your responses i read it as, if sales become double in 5 yrs then we can consider it as Fundamentally good stock) or considering any other params here.

Can you also give levels for this stock for short term (3month),Medium(6months),Long term(>1yrs to <3yrs).

Thanks in advance.

Regards,
Ram

 

Thanks Shabbir.

What could be the reason for steep fall on a single day? How to get to know about that ?

Thanks
Naveen