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Showing posts from July 21, 2015

Public banks' NPAs up at Rs 2.67 lakh crore in FY 2015: Jayant Sinha

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Bad loans at public sector banks have increased to Rs 2.67 lakh crore at the end of March 2015 from Rs 2.16 lakh crore a year ago, Minister of State for Finance Jayant Sinha informed Parliament today (21st July 2015). 
"NPAs of (PSU) banks for the system as a whole is increasing continuously," he said in a written reply to the Rajya Sabha. 

Gross NPA Ratio of the public sector banks (PSBs) increased to 5.43 per cent at the end of March 2015 as compared to 4.72 per cent a year ago, he said. 

Replying to another question, Sinha said "the government, RBI and the PSBs are all concerned with timely recovery of NPAs as it affects their profitability and capital adequacy." 

During 2014-15, he said, the public sector banks have recovered Rs 41,236 crore as compared to Rs 33,698 crore in the previous fiscal. 
The recovery mechanism in the form of Debt Recovery Tribunals ( DRTs), Board for Industrial and Financial Reconstruction (BIFR), Central Registry of Securitization Asset Re…

Bombay Burmah Trading Corporation

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BBTC (539) - regarding this stock, last post was posted on 24th Nov. 2014,  (that was, from 150 to 410 move)

now what next ? 
Resistance 540-560
But above that 
next upside target 720-740




Ashok Leyland

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ASHOKLEY (77.65) - Posted on 04th  June as "Hope and support 66-63.50"
after this post, it made lowest low 64 on 16th June , from there, slowly and steadily moving up, in the past six weeks, as on yesterday it made new all time high 78.05. 

***
Now what is in ? 
Above 77--75.50
up move continue to 90-91
with in between resist at 84.50-86
(Q1 result 12th Aug,)

**
Once again repeat  Note. : Whoever read and respect the given levels carefully and sincerely and if act accordingly with patience, then, can see the expected results. Not only this stock, almost, all the posted stocks. 


Arvind

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ARVIND (303) - Posted on 01st July as "Support 256--252
Above that upside target 296-300"



Yesterday closed above 300



Now what next? 


Above 300-296

up move continue to  312--320



Apollo Tyres

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APOLLOTYRE (194) - Posted on 10th June as "Last hope and support 160--150" 

On the posted date itself , that is on 10th June, it made low 158.65, that means, took support at the mentioned support level, from there, in the last six weeks , it slowly and steadily moving up..  and yesterday it made  recent new high 196.
**
Now what is in ? 
above 194--189 up move continue only...
this round  Upside Target 232-237
with in between resist at 209--213

(Q1 result on 11th Aug.)

**
Note. : Whoever read and respect the given levels carefully and sincerely and if act accordingly with patience, then, can see the expected results. Not only this stock, almost, all the posted stocks. 


Aditya Birla Nuvo

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ABIRLANUVO (2011) -  On 07th July reminded its ULTIMATE UPSIDE TARGET of  2310-2330 as on yesterday it made recent new high 2028.

mentioned target is remain same and intact 
 in case, trade and stays above 2310-2330
going to face last
HURDLE at  2466---2566
But above that 
UTMOST ULTIMATE UPSIDE TARGET 4650-4700