Sunday, January 3, 2016

Bank of Maharashtra @ 32.35

1. Bank of Maharashtra is a 10 rupee face value Public sector bank company. 

2. Year high of Bank of Maharashtra is 45.60 year low was 31.30 and stock traded at 32.35, Year high/ low ratio is below 2 , and stock available near year low so this is the best time to buy this stock at a cheap valuation., 
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 Bank of Maharashtra hold 79.80 %FII hold 0.34 % and DII hold 14.40%.
General public holding is very low in this bank,  so when banking stock start performing again than this stock may outperform the sector because demand from general public is rise and due to low general public holding price of  this stock easily enter in a bull zone.
4. Here is the past dividend history of Bank of Maharashtra stock:- 
EX DatePurpose
12/06/2015Final Dividend 1.50
20/06/2014Final Dividend 1.00
28/01/2014Interim Dividend 1.00
21/06/2013Dividend 2.50
22/06/2012Dividend 2.50
5. Base price of Bank of Maharashtra is 42.00 So Current market price is near 25% below than base price. Bank of Maharashtra is a part of S&P BSE 500 companies. 
Click here to download last 3 year closing price with graph
6. No any bonus issue right issue and bulk deals is recorded in last 2 year. 
7. Bank of Maharashtra net sale per share of Fy 14-15 is 119.12.Net sale per share 119.12 is very attractive, although all banking stock is currently traded below his net sale per share but in my view only Vijaya Bank and Bank of Maharashtra is best buy because equity capital of these two banks are not diluted (increased) by govt of india. 
8. Book value of Bank of Maharashtra is 62.92 CMP is 50% below from book value so in book value concept this stock is a value buy. 
9. Overall Bank of Maharashtra is a good value buy due to high book value 62.92, High base price 42.00 and High net sale per share 119.12 I think CMP 32.35 is very attractive for long term (1 to 2 year view) .
10. 200 DMA of Bank of Maharashtra is 35.70. So  bank of maharashatra is trading below his 200 DMA but once this stock cross price of 36 then it is rocking, long term holders advised to buy at CMP but traders advised to buy this stock when it cross 36. 
11. My recent updates :- Buy Vijay Shanthi Builders Ltd 

12. 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 full disclaimer at the bottom of my blog. 

13.Discloser:- I Mahesh Chander Kaushik author of this research report is an existing research analyst and passed NISM certification for research analysts. I am also registered under SEBI(RESEARCH ANALYSTS) REGULATIONS, 2014 ( SEBI Registration Number INH 100000908 ) hereby disclose about my financial interest in the subject company and the nature of such financial interest:- 1 Me and my associates or relatives have not hold any share of Bank of Maharashtra 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 ( Bank of Maharashtra). 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(Bank of Maharashtra) in the past twelve months. 5. I am not served as an officer, director or employee of the subject company ( Bank of Maharashtra). 6. I have been not engaged in market making activity for the subject company (Bank of Maharashtra).

23 comments:

  1. Sir, I have 115 shares of sbi @133 what do u advise me..should i hold or sell part of it when it comes to buying prize.. pls suggest

    ReplyDelete
    Replies
    1. Bhushan Varma ji
      In my view SBI is HOLD
      read this article ( all 6 parts) for deep understanding of my style:-
      Past performance of my tips

      Delete
  2. :" although all banking stock is currently traded below his net sale per share [[but in my view only Vijaya Bank and Bank of Maharashtra is best buy because equity capital of these two banks are not diluted (increased) by govt of india]]. "

    Dear sir...what is the meaning of this which is highlighted in brackets.
    Please clarify
    thnx

    ReplyDelete
  3. Hi mahesh ji

    I need your opinion. I have 600 shares of educomp @84. Current price is @17. And due to losses banks are going to takeover educomp. What is the impact? Should i exit or hold?

    Thanks
    chinna registered user.

    ReplyDelete
    Replies
    1. Respected Chinna,
      You already lost 80% of your money so this time exit is not a best policy but in future please do not invest huge amount in a single stock, please read all 6 part of this story for more deep understanding:-
      Chandu stock market journey

      Delete
  4. Mahesh Ji what'syour view on FCEL Future consumer Enterprises ltd for long term

    ReplyDelete
  5. Maheshji, seems Chandu's story from your blog got deleted.

    ReplyDelete
  6. Maheshji, it seems Chandu's story got deleted from your blog.

    ReplyDelete
    Replies
    1. No sir, I think you have any network problem or you forget link.It still live please use this link
      Chandu Stock Market Story

      Delete
  7. This is my 1st investment. So which share I'v to buy and how much?

    ReplyDelete
  8. Sir, I hv sbi @134 lvls .. Really worried.. Invested heavily b4 knwing abt ur vdo of stop averg in fallng stock.. wht u suggest ..sell and buy at lower lvls ?? Or hold.. pls

    ReplyDelete
  9. It is @234* sir.. sorry mistook twice

    ReplyDelete
  10. It is @234* sir.. sorry mistook twice

    ReplyDelete
  11. Hi sir Is it good time to buy bank of Maharashtra ??

    ReplyDelete
    Replies
    1. year high/low ratio is still intact over 2 so you may buy at this leval

      Delete
  12. Mahesh ji can now we buy bank of mah as it is trading at 28 below it YR low value plz suggest

    ReplyDelete
    Replies
    1. year high/low ratio is still intact over 2 so you may buy at this leval

      Delete
  13. Kaushik ji please tell if we invest our total sold lend income at another land purchase in the same financial year then it will be taxable or not. according to land revenue rules.
    I'll be grateful to you. Reply fast
    What's up number
    Kuldeepsingh 9829017394.
    Thanks n regards

    ReplyDelete
    Replies
    1. According to income tax act ( not land revenue rules) this income is not taxable if you re invest it in land

      Delete

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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.