Wednesday, July 7, 2021

EQUITASBNK | Stock Analysis & Price Outlook

investment , finvestonline.com


Equitas Small Finance Bank Ltd.

CMP 60


➽  Strong Performer: Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators.


➽ Key Stat

Company with high TTM EPS Growth

Growth in Net Profit with increasing Profit Margin (QoQ)

Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Increasing profits every quarter for the past 4 quarters

Annual Net Profits improving for last 2 years

Book Value per share Improving for last 2 years

Company with Zero Promoter Pledge

FII / FPI or Institutions increasing their shareholding


➽ Recent Shareholdings

Promoters have decreased holdings from 82.05% to 81.98% in Mar 2021 qtr

Mutual Funds have increased holdings from 4.63% to 5.87% in Mar 2021 qtr.

Number of MF schemes decreased from 9 to 7 in Mar 2021 qtr

FII/FPI have decreased holdings from 1.34% to 1.02% in Mar 2021 qtr

Number of FII/FPI investors decreased from 35 to 28 in Mar 2021 qtr

Institutional Investors have increased holdings from 13.06% to 13.79% in Mar 2021 qtr.

BHARATFORG | Stock Analysis & Price Outlook


 Technical & Price Levels

Moving Averages  Bullish

Technical Indicators  Neutral

Moving Averages Crossovers  Neutral


Strong Performer: Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators.

Bullish Momentum - Above Short, Medium and Long Term Moving Averages.

Long position can be made for the levels of 68 - 76 in short to mid term.

RBLBANK | Stock Analysis & Price Outlook



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