Monday, January 31, 2022

Power Finance Corporation : PFC The Hidden Gem in PSU Companies

 Respected Readers,

Today I tell you a PSU stock that has 20+ Subsidiaries and the stock has enough potential to become a future multi-bagger if the value of subsidiaries is unlocked.

1. Power Finance Corporation or PFC is a 10 rupee face value public sector maharatna company

2. Book Value of the Power Finance Corporation is 207.06 so at the Current price of 121.50, PFC is a value buy.

3. PFC Net Sale par share is 142.97 which is higher than the current market price.

4. If you are a new reader and have not familiar with my research terms then please first visit this link for research terms:- Mahesh Kaushik Research Terms.

5. Power Finance Corporation included in Nifty Financial Sector Index and Nifty Financial Sector Index P/E is 22.92 but PFC traded at 3.20 P/E which is near about 7 times lower than index P/E.That's Great!

6. Base price of the PFC is 112.74, So CMP is near 5% higher than the base price. 

7. For Base price calculation download the last 3 years price history and graph from this link:-

3 Years Price Data and Graph 

3 Year Price Data and Graph

8. पीएफसी/पीएफसी कंसल्टिंग की सहायक कंपनियों की वार्षिक रिपोर्टें

वित्तीय वर्षसहायक कंपनियां
2019-2020आरईसी वार्षिक रिपोर्ट (21 MB)
आरईसी वेबसाइट: www.recindia.nic.in
बिहार इंफ्रापावर लिमिटेड
बिहार मेगा पावर लिमिटेड
बीजावर-विदर्भ ट्रांसमिशन लिमिटेड
चेय्युर इंफ्रा लिमिटेड
छत्तीसगढ़ सुरगुजा पावर लिमिटेड
कोस्टल कर्नाटक पावर लिमिटेड
कोस्टल महाराष्ट्र मेगा पावर लिमिटेड
कोस्टल तमिल नाडू पावर लिमिटेड
देवघर मेगा पावर लिमिटेड
देवघर इंफ्रा लिमिटेड
घोगरपल्ली एकीकृत पावर कंपनी लिमिटेड
झारखंड इंफ्रापावर लिमिटेड
करूर ट्रांसमिशन लिमिटेड
कोप्पल नरेंद्र ट्रांसमिशन लिमिटेड
ओड़ीशा इंफ्रापावर लिमिटेड
ओड़ीशा एकीकृत पावर लिमिटेड
सखीगोपाल एकीकृत विद्युत कंपनी लिमिटेड
शॉगटाँग करचम-वांगटू ट्रांसमिशन लिमिटेड
टांडा ट्रांसमिशन कंपनी लिमिटेड
तातिया आंध्रा मेगा पावर लिमिटेड
2018-2019
आरईसी वार्षिक रिपोर्ट (130 KB)
आरईसी वेबसाइट: www.recindia.nic.in
ईईएसएल वार्षिक रिपोर्ट(130 KB)
ईईएसएल वेबसाइट: www.eeslindia.org
समेकित पीएफ़सी कंसल्टिंग लिमिटेड (2 MB)
एकल पीएफ़सी कंसल्टिंग लिमिटेड (3 MB)
सखीगोपाल एकीकृत विद्युत कंपनी लिमिटेड (1 MB)
झारखंड इंफ्रापावर लिमिटेड (582 KB)
घोगरपल्ली एकीकृत पावर कंपनी लिमिटेड (549 KB)
बीजावर-विदर्भ ट्रांसमिशन लिमिटेड (985 KB)
शॉगटाँग करचम-वांगटू ट्रांसमिशन लिमिटेड (448 KB)
टांडा ट्रांसमिशन कंपनी लिमिटेड (1 MB)
कोस्टल कर्नाटक पावर लिमिटेड (826 KB)
वापी II-लखीमपुर ट्रांसमिशन लिमिटेड (1 MB)
ओड़ीशा एकीकृत पावर लिमिटेड (1 MB)
छत्तीसगढ़ सुरगुजा पावर लिमिटेड (961 KB)
कोस्टल महाराष्ट्र मेगा पावर लिमिटेड (831 KB)
कोस्टल तमिल नाडू पावर लिमिटेड (926 KB)
ओड़ीशा इंफ्रापावर लिमिटेड (717 KB)
चेय्युर इंफ्रा लिमिटेड (721 KB)
तातिया आंध्रा मेगा पावर लिमिटेड (784 KB)
बिहार इंफ्रापावर लिमिटेड (772 KB)
बिहार मेगा पावर लिमिटेड (857 KB)
देवघर इंफ्रा लिमिटेड (792 KB)
देवघर मेगा पावर लिमिटेड (880 KB)
2017-2018
संशोधित सूचना के साथ पीएफसीसीएल वार्षिक रिपोर्ट(130 KB)
पीएफसीसीएएस वार्षिक रिपोर्ट(130 KB)
घोगरपल्ली इंटीग्रेटेड पावर कंपनी लिमिटेड(130 KB)
सखीगोपाल इंटीग्रेटेड पावर कंपनी लिमिटेड(130 KB)
झारखंड इंफ्रापावर लिमिटेड(130 KB)
साउथ-सेंट्रल ईस्ट दिल्ली पावर ट्रांसमिशन लिमिटेड(130 KB)
बीजावर-विदर्भ ट्रांसमिशन लिमिटेड(130 KB)
सोंगटोंग करचम-वंगटू ट्रांसमिशन लिमिटेड(130 KB)
टांडा ट्रांसमिशन कंपनी लिमिटेड(130 KB)
मोहिंदरगढ़-भिवानी ट्रांसमिशन लिमिटेड(130 KB)
बल्लभगढ़-जीएन ट्रांसमिशन कंपनी लिमिटेड(130 KB)
ओड़ीसा इंटीग्रेटेड पावर लिमिटेड(130 KB)
छत्तीसगढ़ सुरगुजा पावर लिमिटेड(130 KB)
कोस्टल महाराष्ट्र मेगा पावर लिमिटेड(130 KB)
कोस्टल तमिलनाडु पावर लिमिटेड(130 KB)
ओडिशा इंफ्रापावर लिमिटेड(130 KB)
चेय्युर इंफ्रा लिमिटेड(130 KB)
तातिया आंध्रा मेगा पावर लिमिटेड(130 KB)
बिहार इंफ्रापावर लिमिटेड(130 KB)
बिहार मेगा पावर लिमिटेड(130 KB)
देवघर इंफ्रा लिमिटेड(130 KB)
देवघर मेगा पावर लिमिटेड(130 KB)
कोस्टल कर्नाटक पावर लिमिटेड(130 KB)
9. In 2021 PFC give a total of 14.75 rupees per share dividend which is nice and able to cover the interest rate.

10. In Point no 8 You may notice PFC has many subsidiaries companies. when the value of these subsidiaries unlocks then you may assume what is the future valuation of this  PSU Mataratna Company.

11. Year high=153.75 Year low =104.10 So year high/ low ratio is below 2.

12. I recommended buying it with my STP method and the STP price for 1 Feb 2022 to 15 Feb 2022 is 128.15, In the STP method buy our target is 25% plus.

13. For more details of the STP method watch this video:-https://youtu.be/gREpTaV50bA


Watch this video to know how to make a google automated sheet for auto calculation of base price:-


14. Link of my Earlier STP recommendations:- 

https://docs.google.com/spreadsheets/d/1ZWtF5z718RkLoz7QMIwtsOa4oXpP0dnHCVOlcSqFyaQ/edit?usp=sharing

15. Link of my books:- https://amzn.to/3IRNRHo

16. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog. 

 17. Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I have also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not to hold any share of PFC so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company (PFC ). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates and relatives have not received any type of compensation from the subject company(PFC) in the past twelve months. 5. I am not served as an officer, director, or employee of the subject company ( PFC ). 6. I have been not engaged in the market-making activity for the subject company (PFC).

Sunday, January 2, 2022

PNB The Real Value Buy in 2022 ( Mahesh Kaushik STP Recommendation Jan 2022)

Respected Readers,

Namaskar and Happy New Year 2022

1. Punjab National Bank or PNB is a 2 rupee face value public sector bank.

2. Book Value of the Punjab National Bank is 79.17 so at the Current price of 37.25, PNB is a value buy.

3. PNB Net Sale par share is 77.07 which is near about two times higher than the current market price.

4. If you are a new reader and have not familiar with my research terms then please first visit this link for research terms:- Mahesh Kaushik Research Terms.

5. Nifty bank P/E is 22.33 but PNB traded at 12.70 P/E which is 1.75 times lower than index P/E.

6. Base price of the PNB is 49.81, So CMP is 25% below from base price. 

7. For Base price calculation download the last 3 years price history and graph from this link:-

3 Years Price Data and Graph 

Last 3 Years Price Graph of PNB

8. PNB Profits and EPS:-

9. At present Punjab national bank does not give any dividends since 2015 but due to continuing profits and increasing EPS, I hope the worst time is over and stock may start dividend payment again.

10. Recently Amalgamation Of Oriental Bank Of Commerce And United Bank Of India Into Punjab National Bank is completed.

11. Year high=48.20 Year low =31.90 So year high/ low ratio is below 2.

12. I recommended buying it with my STP method and the STP price for 1 Jan 2022 to 15 Jan 2022 is 40.20, In the STP method buy our target is 25% plus.

13. For more details of the STP method watch this video:-https://youtu.be/gREpTaV50bA


Watch this video to know how to make a google automated sheet for auto calculation of base price:-


14. Link of my Earlier STP recommendations:- 

https://docs.google.com/spreadsheets/d/1ZWtF5z718RkLoz7QMIwtsOa4oXpP0dnHCVOlcSqFyaQ/edit?usp=sharing

15. Link of my latest SIP book:- https://amzn.to/3kIRir9

16. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog. 

 17.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I have also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not to hold any share of PNB so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company (PNB ). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(PNB) in the past twelve months. 5. I am not served as an officer, director, or employee of the subject company ( PNB ). 6. I have been not engaged in the market-making activity for the subject company (PNB).

Sunday, July 18, 2021

Multibagger Stocks Recommendation July 2021 Union Bank of India

1. Union Bank of India is a 10 rupee face value public sector bank.

2. Book Value of the Union Bank of India is 51.27 so at the Current price of 36.60, it is a value buy.


3. Net Sale par share is 100.61 which is near 2.75 times higher than the current market price.

4. If you are a new reader and have not familiar with my research terms then please first visit this link for research terms:- Mahesh Kaushik Research Terms.

5. Nifty bank P/E is 24.42 but Union Bank of India traded at 8.57 P/E which is 3 times lower than index P/E.

6. Base price of the Union Bank of India is 52.58 which is near its book value. 

Last 3 Year Chart of Union Bank of India

7. For Base price calculation download the last 3 years price history and graph from this link:-

3 Years Price Data and Graph

8. Union bank Profits and EPS:-

Union Bank of India Profit and EPS of Last 4 Quarter

9. At present Union bank does not give any dividends since 2016 but due to continuing profits and increasing EPS, I hope the worst time is over and stock may start dividend payment again.

10. In August 2019 Union Bank of India has been selected by the Government of India as Anchor Bank for the amalgamation of Andhra Bank, Corporation Bank into Union Bank of India. The amalgamation took place on 1st April 2020.

11. Year high=45 Year low =23 So year high/ low ratio is below 2.

12. I recommended buying it with my STP method and the STP price for 16 July 2021 to 31 July 2021 is 39.45, In the STP method buy our target is 25% plus.

13. For more details of the STP method watch this video:-https://youtu.be/gREpTaV50bA


14. Link of my Earlier STP recommendations:- 

https://docs.google.com/spreadsheets/d/1ZWtF5z718RkLoz7QMIwtsOa4oXpP0dnHCVOlcSqFyaQ/edit?usp=sharing

15. Link of my latest SIP book:- https://amzn.to/3kIRir9

16. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog. 

 17.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I have also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not to hold any share of Union Bank of India Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company (Union Bank of India Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Union Bank of India Ltd) in the past twelve months. 5. I am not served as an officer, director, or employee of the subject company ( Union Bank of India Ltd). 6. I have been not engaged in the market-making activity for the subject company (Union Bank of India Ltd).

Saturday, January 16, 2021

January 2021 STP Recommendation: Rural Electrification Corporation (REC) Buy for 25% Target in STP Method

 1. Rural Electrification Corporation Ltd is a 10 rupee face value stock.

2. REC is a PSU company means REC is a govt of India enterprises visit the company website here:-


3.Rural Electrification Corporation Ltd is included in the Nifty Financial Services index, so this is a blue-chip company which available at an undervalued price.

2. Year high of Rural Electrification Corporation Ltd is 156.75 year low was 78.75, Year high / low ratio is below 2 and stock traded at 145.50
If you are a new reader of my blog and not familiar with my research terms, then please see my research terms at this link
3. Promoters of Rural Electrification Corporation Ltd hold 52.63% Promoters holding is good with nil pledged stock ( REC is a PSU Stock so govt of India is the promoter of this stock)
4.Rural Electrification Corporation Ltd REC is a good dividend paying PSU stock and pay dividend twice in a year see past dividend history of REC here:-
5. Base price of Rural Electrification Corporation Ltd is 123.36 So REC is traded 18% above from his base price so I think this is the right time to buy.
6. No bonus issue right issue and bulk deals are recorded in the last 2 years.
In 2016 I Recommended to buy REC read the 2016 recommendation here:- http://www.maheshkaushik.com/2016/05/rural-electrification-corporation-ltd.html and after this recommendation If any followers still hold REC then he/she gets 1:1 bonus share plus total of 51.9 rupees per share dividend in the last 5 years.
7. Rural Electrification Corporation Ltd net sale per share of FY 19-20 is 150.85.
8. Net sale per share 150.85 is also suggest that this stock is a value buy
9. Book value of Rural Electrification Corporation Ltd is 177.61 So in book value terms this stock is also a value buy at CMP.
EPS=30.92    P/E=4.7  Beta=0.90 Dividend Yield=7.57%
8. Overall I think REC may achieve his target of 25%+ in the STP method.
Download last 3-year closing price data with the graph from this link:-
9. 200 DMA of Rural Electrification Corporation Ltd is 107.88 So at CMP 145.50 REC is traded above his all 5,10,20,30,50,100 and 200 DMA's
10. STP price for 18 Jan 2021 to 31 Jan 2021 is=147.90 and after that update this price twice in a month ( at every 1st and 16 th day of the month) and continue to buy on this 15 days high until stock give 25% target, New Readers who do not know about STP Method then please watch this video for more details:-

Visit this link for my all videos:- https://www.youtube.com/c/Maheshchanderkaushik/videos


11. Disclaimer:- This is not an advisory service to buy or sell. The contents of “this research report” are only for educational purposes. No liability is accepted for any content in “this research report”. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index, or any other financial instrument at any time. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions. Please read the full disclaimer at the bottom of my blog.

12.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I have also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not to hold any share of Rural Electrification Corporation Ltd so my personal interest is not included in this stock. 2. Me and my associates or relatives have not any actual/beneficial ownership of one percent or more securities of the subject company ( Rural Electrification Corporation Ltd). 3. Me and my associates or relatives have not any other material conflict of interest at the time of publication of the research report. 4. Me and my associates or relatives have not received any type of compensation from the subject company(Rural Electrification Corporation Ltd) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Rural Electrification Corporation Ltd). 6. I have been not engaged in the market-making activity for the subject company (Rural Electrification Corporation Ltd).

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disclaimer:-Trading in stock market is very risky. This website is not perfect. This is not an advisory service to buy or sell. The contents of “maheshkaushik.com” are only for educational purposes. No liability is accepted for any content in “www.maheshkaushik.com”. Subject to pindwara(india) jurisdiction only. The author is neither a registered stockbroker nor a registered advisor and does not give investment advice.. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, author of this website is not a trend technical analyst.