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.