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 Reliance Securities's Stock Idea
Reliance Securities is Bullish on Kotak Mahindra Bank Ltd.
Idea Submitted on 22Jan,2018
  • 75 Total Ideas
  • 1 Active Ideas
  • 74 Closed Ideas
  • 0 Friends
  • 1 Followers
  • Avg. Returns
     0.15%
    Rank
    41
    Success Rate
      50.67%
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      Buy Kotak Mahindra Bank Idea
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      Idea Status :  Closed
    Target Achieved
    Idea Closed at 1172.55(16Apr,18 02:44:pm)
     Time Frame
    1year
     Start Price
    1061
     Target Price
    1172
     Stop Loss
    955
     Projected Gain
    111 (10.46% Upside)
     Returns Achieved
    111.55     10.51%
     Analysis
    Looking ahead, we expect strong traction in earnings to continue owing to robust growth in loan book, moderate credit cost and healthy margins. Introducing our estimates for FY20E, we expect KMB’s earnings to witness 24% CAGR through FY17-20E. Valuing standalone entity at 4.2xFY19E adjusted BV and expecting subsidiaries to fetch Rs257/share after deducting holding company discount of 15%, we maintain our BUY recommendation on the stock with a revised Target Price of Rs1,172. (from Rs1,144 earlier) View Research Report (Stop Loss Auto Inserted)

    Link to Report: READ FULL REPORT

     Stock Price Movement (EOD Basis)
     C.M.P Kotak Mahindra Bank
    1499.8
    Sentimeter
    Buy Calls: 13 Sell Calls: 5
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