In the new week, the Sensex will see a collision between 37777 to 37077 and the Nifty 11777 to 10977.

(Gujarat News Representative) Mumbai, Ta. September 14, 2019, Saturday

In view of the slowdown in economic development and global challenges, the central government has begun efforts to bring the country's economy back on the brink of development by declaring economic packages to provide necessary support to the country's industries. Foreign investment investors (FPIs) were also delayed in the surcharge rollback and the stock market sentiment was further diminished due to delays in providing immediate relief-incentives to the industry. Was. Announcing a new economic package, which is now being forced to tilt the government against the increasing demand of industries, Finance Minister Nirmala Sitharaman today announced a package of Rs. 1 crore to boost exports from the country. Efforts have been made to bring development into the cult. Of course, no decision has been taken in view of the automobile industry's demand for GST reductions, though the economic package announced today will see a positive impact on the market next week.

After giving incentives-financial package to the banking-financial sector in the past, now the finance minister has announced a package of Rs. 5 crore for the exporters to complete the Rs. 8 crore non-NPA housing projects along with the financial package and low interest rate for government employees. -SecLink Housing Loan Announces Positive Impact In Markets Next Week Yes. With the US dollar weakening against the rupee, both these factors have been positive for India as crude oil prices continue to fall. In addition to the global tensions, trade tensions between the United States and China have slowed and global markets have seen the positive effect of a reduction in interest rates by the European Central Bank (ECB) last week. Who will now be looking at the next meeting of the US Federal Reserve next week's policy meeting and the Bank of Japan. The US Federal Reserve is expected to decline by 5.5 percent.

August data on inflation, crude oil prices, rupee-dollar value fluctuations, US-China trade talks monitored

The market is expected to have a positive impact in the opening of the economic package next week. With this, the wholesale inflation data for August will be monitored on Monday, September 7, with the wholesale numbers being monitored. On the same day, the Balance of Trade statistics will also be released. While the rupee is strengthening against the US dollar, the rupee-dollar value fluctuations and the decline in crude oil prices will keep the market afloat. While trade tensions between US-China have eased on the global front, US President Donald Trump has looked at trade negotiations with China as the possibility of an interim trade agreement. In addition, the Indian market will be monitored alongside global markets, as the numbers for China's industrial production, which will be released on Monday, August 5, on the 5th of August. The interest rate decision will be announced on Wednesday, September 7, at the next meeting of the US Federal Reserve. Prior to this, the August 8 month issue of US industrial production will be announced on Tuesday. While the Consumer Confidence in Europe will be announced on Friday, September 3, September 2 for September 5. The event is expected to hit the Sensex 5 to 9 and the Nifty 3 to 3 in the coming week.

Dark Horse: South Indian Bank

NSE (Reginaldhamshan), BSE (1) listed at Rs 5 paid up, with 3: 5 bonus share issue in year 3, with 8% bonus equity, 2 in Kerala, 2 in Kerala except South India and 1 in other states of India. In the end there are 4 branches, as well as 4 extension counters in the country and 4 ATMs with a network of retail, MSMEs, with a major focus on agriculture; No, one of the first private sector banks in Kerala, which started headquarters in Kerala during the indigenous movement having headquarters in Kerala, with a headquarters of Rs. Private Bank First Bank to Launch First Currency Chest in 5th (5) Private Bank First Private Bank to Start NRI Branch in November 4th, 5th (5th) In March First Bank of Private Sector to launch Dustrial Finance Branch (1) The first Sector Bank to implement Core Banking System based in Kerala (1) having the third largest branch network in Private Sector Banks in India and Core Banking System in all branches (1) First Overseas in Year 3 The bank has the capabilities of a starting banker. In the last decade, it increased from 5 branches in Fiscal Year 1. Has a network of 5 branches at the end of June 1 in FY 0-4 and the network of ATMs increased from 1 in FY 0 to 5 at the end of June 1.

Advisory Support for Retail, Agriculture and SME Sectors with Medium and Long-Term View (1) Bank with a vision of becoming SME Business with Retail Business and Improving NIM and Asset Quality and By Vision to Become a Retail Banking Powerhouse by Year 7 Finance Corporation (IFC) has been appointed. (3) MOUs with NSIC to promote loan facilities and MSME lending portfolio to MSE. (2) The Centralized Marketing and Processing Center has been opened for the Bank's Marketing Departments, Retail Loan Hub and Transaction Banking Department.

At the end of June 1, the retail loan by the bank increased by 5 per cent to Rs 5,8 crore, agricultural loans by 5 per cent compared to Rs 5 crore, and MSME loans by 5 per cent to Rs 5 crore. It has been raised to Rs. With this, the total loan has increased by 5% to Rs. 8 crore compared to Rs. The share of corporate loan book has dropped from 5% to 5%. The bank's deposits have increased by 5% compared to Rs. 5 crore on June 3, to Rs. 5 crore at the end of June 1. In which Casa deposits have increased by 5% from Rs. 1 crore to Rs. Casa Ratio Bank maintained 5%. Retail deposits have increased by 5 per cent to Rs. 5 crores as against Rs. Challenges for the Banking Industry Like most banks at present, the challenge for South Indian banks is to increase non-performing assets of small banks. The net NPA of the bank has increased from Rs 2 crore to Rs 1 crore as on June 3 last year. As a percentage of those loans, total NPAs increased from 9.5 percent in the fourth quarter of the previous year to 8.7 percent in the first quarter, and net NPAs increased from 7.2 percent to 8.5 percent. The provision for NPA has been increased from Rs 1 crore to Rs 5 crore. The bank has restructured a total loan of Rs 1 crore. Of which, MSME credit is Rs 5 crore, while in Kerala, flood-related financing is Rs 2 crore and non-flood credit is Rs 5 crore.

Bank management expects NPA-loan recovery of Rs 1 to Rs 1 crore with NCLT Recoveries in FY 6-8. While the sinking loan slippage in the first quarter ended June 1 of the current financial year stood at Rs 1 crore, which is expected to be up to Rs 1 crore per quarter and Rs 1 crore in the full financial year. The bank's corporate loan book remains stable. While one to two accounts are under the watch list. Lending to a housing finance company is a stressor of Rs 1 crore. Credit rating is lower than Triple B rating, but no account in SMA-1 or SMA-1 is more than Rs 1 crore. The bank has received approval from the shareholders to raise around 5 million shares and bonds of Rs 1 crore, the bank is likely to raise capital on the basis of market conditions in the second half of FY13.

Become a technologically advanced bank, in the quarter of June 1, personal banking registered a value of Rs. 1 crore in internet banking, 5,700 active Internet users, 5,700 Internet transaction volumes and Rs. While mobile transactions have registered volume and mobile transactions worth Rs 1 crore. While debit cards have registered a transaction worth Rs 1 crore with 1 lakh active debit cards, 1 lakh debit card transactions. In the first quarter of June 3, the bank also achieved a net interest margin in the first quarter at 8.5%, compared to 5.7%.

Share Holding: Mutual Funds hold 0.5% holding L&T Mutual Fund Trustee at 8%, ICICI Prudential Banking and Financial Services Fund with 8%, Foreign Portfolio Investors (FPIs) holdings at 8.5% holding. Partners LP has 1.8%, Akashiya Partners LP has 8.7%, Akashiya Banyan Partners has 1.7% AA International Fund holds 5.7%, Lavender Investments Limited holds 5.9%, Peer Tree Polaris Foreign Value Small Cap Fund holds 5.7% holding. Life insurance company owns 3.8% holding Insurance Companies. 3 percent. Among others, Yusufly Muslim Vital Abdul Kader is holding 5.7 percent, Ashish Dhawan has 5.7 percent, corporate bodies have a holding of 8 percent. While up to Rs 1 lakh, individual investors have a holding of 5.5%.

Dividend: 3 percent in year 1 and 5 percent in year 3, 5 percent in year 3, 3 percent in year 3, 3 percent in year 3, 3 percent in year 1, 3 percent in year 1, 3 percent in year 1

Dividend Pay-Out Ratio (Net Profit): 5% in Year 1 and 5.7% in Year 1, 5.7% in Year 1, 5.7% in Year 1, 5% in March 1

Book value: Rs 5 in March 1, Rs 5 in March 2, Rs 5 in March 5, Rs 5 in March 5 and Rs 5 on March 5, Rs 5 on March 5. , Rs 5 for March 5, Rs 5 for March 5, Rs 5 for the expected March 5.

Financial results:

(2) Full financial year April 1 to March 3: Net interest income increased from Rs. 1 crore to Rs. 1 crore, net profit decreased from Rs. 8 crore to Rs. 8 crore, while per capita income was Rs. Did.

(1) First quarter April 1 to June 4: Net interest income increased from Rs 1 crore to Rs 5 crore, net profit increased by 5 percent compared to Rs 1 crore and earned Rs 2 crore per share. General Chat Chat Lounge

(2) Expected Full Year April 1 to March 3: Expected net interest income increased to Rs. 5 crore and the expected net profit increased to Rs. 8 crore from quarterly EPS of Rs.

(2) Valuation: BBB: South Indian bank stock currently available at BSE, NSE at Rs 5 with book value of Rs 5 and expected book value of March 5 at Rs 5 as per March 5, average of banking-private sector. The valuation triple BBB can be reduced to Rs 1 even if it is limited to a P / E of 2 and can give a P / E of 2.

Thus (1) Rs. 1,5 crore business acquisitions, gaining significant growth in the business by focusing on technology-digitization, winning the IDRBT Best Bank for Electronic Payment, with Retail, M SME Focus (2) expanding rapidly and Small and medium-sized banks, which exist across the country, are likely to become acquisitions targets in the coming years. South Indian Bank Limited with 5 years holding experience (2) with a network of 3 branches and 3 ATMs having a network of 4 branches and 5 ATMs, the candidate is expected to have an EPS of Rs. At present, the stock is getting a P / E of only 5 at Rs.

Manoj Shah: Research Analyst (SEBI REG. NO. INH000000107)

Author Sebi is a Registered Research Analyst: Disclosure Cum (Readers take special note) Warning: (1) The author is an investor in the above company stock. (2) Our sources of interest, such as broking houses, promoter views, personal research analysts, portfolio management, or their team may be of direct or indirect interest. (3) It is advisable and advisable to maintain a 5% stop loss exclusively from the price of the recharge. (2) Valuation H, BB, BBB, top gainers are all possibilities, so don't be tempted to invest. (4) Usually 1 out of every 4 scrips is true and 4-5 scripts are wrong. (2) The answers given in the Feedback e-mail: arjuneyems@gmail.com also apply to all the above points. (3) The reader, the investor, should take personal decisions at personal risk. Gujarat News writer, editor and anybody will not be responsible for your loss. So invest in identifying the stock market risk-risk.