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).

13 comments:

  1. My market guru mahesh kaushik ji sir,mai ek student hu or mere paas share me invest karne ke liye keval 6k hai. Mane aapki 20 days high strategy se (ITC ke 6shares @206 or Ab capital ke 9 shares @126.25 )
    Or ab mere pass kul 3300Rs hai .
    Kaya muje STP method se 1500Rs is share me invest karne chahiye ya pir usi method se phale 20% profit book karna chahiye.
    Sir,ager aap free ho to please muje koi sujav de.🙏🙏🙏
    My share market guru mahesh Kaushik ji ji sir

    ReplyDelete
    Replies
    1. Ajay Jangir ji aapki capital kam hone se aap abhi vaccine method me hi kam kare bad me jyada capital hone par STP method me aa sakate hai regards

      Delete
    2. Hello Sir,
      Mujhe question tha 2 stroke method me. Yadi gap up khule and cmp pehlese hi high cross kar chuka ho to kya hume position leni chahiye?
      Aur dusra ye hi kitne baje hume position leni chahiye?

      Delete
  2. Sir your an inspiration of new investors like me in share market....thanks from bottom of my heart....🙏🙏💗💗

    ReplyDelete
    Replies
    1. Thank you so much Guru ji. Bas aapki karpa se mai. Or aapi likhi gayi book se he. Mai share market suru kar paya hu.
      Thanks again guru ji. Ab mai aapke bataye method se hi invest karuga .
      🙏🙏❤️❤️

      Delete
  3. Sir aapki saari recommendation and theory are auccessfull in every market situations. Regards

    ReplyDelete
  4. Namskar Sir, iss vidhi mai thoda mujhe confusion ho raha hai jaise abhi Union Bank ka price 36.49 chal raha hai to hume 39.45 par hi buy karna hai ke 36 par buy kar lena hai?

    ReplyDelete
  5. Sir can we buy at CMP 36.90 or should we wait for your recommended price 39.45

    ReplyDelete
  6. Hi sir, I just completed reading of ur book "option trading handbook".
    I have one query If I invest lumsome in niftybees equivalant to one lot of nifty.If nifty started falling down then how can I use covered call strategy.once the nifty goes down and below my buying price my covered call becoming an out of money naked call for which I won't get any worth premium.

    ReplyDelete
  7. Hello sir,

    I purchased 12 shares od adani transmission at price 1630 and the price is currently at 963
    Please let me know which is the strategy that I should implement in this case

    ReplyDelete

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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.