@NeilBahal demerger bahal is a master of special situation investment.

This thread is dedicated to this genius named Demerger Bahal.

Today we would discuss about Jammu and Kashmir bank.

Jammu & Kashmir Bank (J&K Bank), incorporated in Jammu & Kashmir, India.
is a publicly held banking company engaged in providing a wide range of banking services including Retail Banking, Corporate Banking & Treasury Operations.
It is the only Private Sector Bank in the country assigned with responsibility of convening State/UT Level (2/n)
Bankers’ Committee (SLBC/UTLBC) meetings.D Bank continued to discharge its lead bank responsibility satisfactorily in 12 districts of UT of J&K, i.e. Srinagar, Ganderbal, Budgam, Baramulla, Bandipora, Kupwara, Anantnag, Kulgam, Pulwama, Shopian, Poonch and Rajouri.(3/n)
Ratios (Q3FY21)
Capital Adequacy Ratio - 11.77%
Net Interest Margin - 3.88%
Gross NPA - 8.71%
Net NPA - 2.50%
CASA Ratio - 54.44%(comparable to Kotak Mahindra Bank only.
Refer to my 2 threads on KOTAK MAHINDRA bank and casa ratio separately.
Presently, the bank has 950 branches across India with 1,400 ATMs in operations. 83% and 89% of all branches and ATMs are located in the state of J&K.
Presently, personal loans account for 31% of the loan book, followed by corporate loans (31%)
Agri (12%), trade (11%), SMEs (10%) and others (2%).
Advances in the state of J&K accounts for 68% of the total advances while the rest 32% advances are distributed in Rest of India.

JKB Financial Services Ltd - It is wholly owned subsidiary(6/n)
of the bank which carries out the activities of Stock Broking, Depository Services, Distribution of Mutual Funds, Distribution of Credit Cards and collection of Utility Bills. The company's network spans over Jammu, Kashmir and Gurugram.(7/n)
Sponsored RRB
The bank is the sponsor of the J&K Grameen Bank which is operating in 13 districts of the UTs of J&K and Ladakh v,Baramulla, Bandipora, Kupwara, Jammu, Kathua, Rajouri, Poonch, Leh, Kargil, Samba, Kishtwar, Ganderbal and Srinagar having 217 branches(8/n)
with 1051 employees. The bank holds 35% stake in this Grameen Bank.
⭐Preferential Allotment
In March 2020, the bank allotted 15 crore equity shares of face value ₹1/- each to the Govt. of J&K for Rs. 31.93 per share. The following capital raise resulted in a capital inflow(9/n)
599 crore to the asset of Bank

⭐⭐⭐ Special situation ⭐⭐⭐

Government of India historically has taken away all PREFENTIAL treatment to J&K that was provided earlier by some vested interest of mean politicians to favour Pakistan and militants.
It has been (10/n)
Converted into union territory and taken into direct jurisdiction of government of India.
Amazing special situation.
This reflected in their result.
In FY Q4 ,they have posted highest ever profit with all indicators positive.
Very interesting special situation #India
Can it be a turnaround story?
Thanks for your time ✍️🙏.
NOT a recommendation for educational purposes only.


Are you invested?

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All answers are horribly wrong.
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@saptak81 I don't believe in technical analysis and target.
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But as you are asking for target,let me disclose(13/n)
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Now let's discuss other targets.
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Then there is huge resistance at Rs 93.
If it breaches it, then according to net profit margin (14/n)
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If government holds D region in firm (15/n)
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Time for a thread.(1/n)
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