Kunal Bothra has a buy call on RBL Bank Ltd. with a target price of Rs 375.0 . The current price of RBL Bank Ltd. is Rs 340.7 . Kunal Bothra recommended to keep a stoploss at Rs 325 . RBL Bank Ltd., incorporated in the year 1943, is a banking company (having a market cap of Rs 16338.32 Crore). RBL Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills which contributed Rs 5049.83 Crore to Sales Value (80.14 % of Total Sales), Income From Investment which contributed Rs 1093.44 Crore to Sales Value (17.35 % of Total Sales), Interest On Balances with RBI and Other Inter-Bank Funds which contributed Rs 111.24 Crore to Sales Value (1.76 % of Total Sales) and Interest which contributed Rs 46.20 Crore to Sales Value (0.73 % of Total Sales)for the year ending 31-Mar-2019. The Bank has reported a Gross Non Performing Assets (Gross NPAs) of Rs 1539.10 Crore (.00 % of total assets) and Net Non Performing Assets (Net NPAs) of Rs 912.30 Crore (.00% of … [Read more...] about Buy RBL Bank, price target Rs 375: Kunal Bothra
Why decrease in net profit margin
Vinasun’s share plummets to lowest level in a decade
After six consecutive days of losses on the Ho Chi Minh Stock Exchange (HoSE), where it is listed, VNS is down 25 percent in December and nearly 40 percent for the year. It had remained above VND30,000 ($1.30) for nearly four years until 2017, but began to face competition from ride-hailing firms, dubbed "technology taxis" in Vietnam, such as Singapore’s Grab. The liquidity of what used to be a highly illiquid stock has soared, with foreign investors dumping it. Nearly half a million shares changed hands on Thursday as compared to an average this year of less than 1,000. Dang Tran Phuc, financial advisor at VNDIRECT Securities JSC, said: "VNS is trading at a price-earnings ratio (P/E) that is relatively low compared to its historical P/E, and has cash reserves of nearly VND300 billion ($13 million) compared to its market capitalization of VND700 billion ($30.33 million). These two factors are considered attractive to investors looking to increase their ownership in the … [Read more...] about Vinasun’s share plummets to lowest level in a decade
Vinasun’s shares plummet to lowest level in a decade
After six consecutive days of losses on the Ho Chi Minh Stock Exchange (HoSE), where it is listed, VNS is down 25 percent in December and nearly 40 percent for the year. It had remained above VND30,000 ($1.30) for nearly four years until 2017, but began to face competition from ride-hailing firms, dubbed "technology taxis" in Vietnam, such as Singapore’s Grab. The liquidity of what used to be a highly illiquid stock has soared, with foreign investors dumping it. Nearly half a million shares changed hands on Thursday as compared to an average this year of less than 1,000. Dang Tran Phuc, financial advisor at VNDIRECT Securities JSC, said: "VNS is trading at a price-earnings ratio (P/E) that is relatively low compared to its historical P/E, and has cash reserves of nearly VND300 billion ($13 million) compared to its market capitalization of VND700 billion ($30.33 million). These two factors are considered attractive to investors looking to increase their ownership in the … [Read more...] about Vinasun’s shares plummet to lowest level in a decade
I took the world’s first 20-hour flight. Here’s what it did to me
I’ve just endured the world’s newest longest flight, a 10,100-mile nonstop ultra-marathon from New York to Sydney. It took about 19½ hours and was almost as demanding as that sounds.The record-breaking Qantas Airways flight touched down early Sunday morning in Australia. The Boeing Co. Dreamliner delivered its few dozen passengers — including yours truly — to their destination more or less intact, even if some of us were not quite sure what day it was.Qantas wants to begin flying the time-saving route commercially as soon as 2022, so the airline used this test trip to explore ways to reduce its inevitable downside: soul-crushing, body-buckling jet lag. Here’s how my journey unfolded in real time.Off the ground Advertisement Our plane has been turned into a flying laboratory. Since the goal is to adapt to our destination’s time zone as fast as possible, we click into the Sydney clock right off the bat. That means no snoozing. The lights stay up … [Read more...] about I took the world’s first 20-hour flight. Here’s what it did to me
Buy JSW Steel, price target Rs 285: Kunal Bothra
Kunal Bothra has a buy call on JSW Steel Ltd. with a target price of Rs 285.0 . The current price of JSW Steel Ltd. is Rs 260.2 . Kunal Bothra recommended to keep a stoploss at Rs 250 . JSW Steel Ltd., incorporated in the year 1994, is a Large Cap company (having a market cap of Rs 61808.33 Crore) operating in Metals - Ferrous sector. JSW Steel Ltd. key Products/Revenue Segments include Hot Rolled Coils/Plates/Sheets which contributed Rs 33336.00 Crore to Sales Value (50.33 % of Total Sales), Rolled Product which contributed Rs 13623.00 Crore to Sales Value (20.56 % of Total Sales), Coils (Cold Rolled) which contributed Rs 9588.00 Crore to Sales Value (14.47 % of Total Sales), Others which contributed Rs 3226.00 Crore to Sales Value (4.87 % of Total Sales), Coils & Sheets (Galvanised) which contributed Rs 2361.00 Crore to Sales Value (3.56 % of Total Sales), Billets & Blooms which contributed Rs 1779.00 Crore to Sales Value (2.68 % of Total Sales), Other Operating Revenue … [Read more...] about Buy JSW Steel, price target Rs 285: Kunal Bothra