C&H Pattern: Yearly / Weekly Basis Price BreakOut – MultiYear / C&H Trendline. Good to Go!!! Vol. Consolidation & Continued BuiltUp.
*With Upside, Trail SL* *Book Profit as per Risk Appetite*
*Snapshot:* Estab. in 1969: A GOI owned *Maharatna* Co. An Infra finance co.: Power Sector Domestic Rating of “AAA”; International Ratings of Baa3 / BBB- : Moody’s / Fitch. Now lending to Infra / Logistics sector also. Diversifying Loan Profile. High Dividend Yield Co. Improved RoA/RoE/RoCE for FY22 vs. FY21. Manageable ALM. Improved GNPAs / NPAs: 3.6% / 1.1%. CAR / Tier I CAR: 25.00% / 22.04% (Dec’22) O/s loan book Exposure: Rs.4.11 Lac Crs: 90% / 10% :State / Private sector (Dec’22).
*Concern:* Major concentration: Power sector.
*Do Your Own Research as Well. This is Just an Opinion.* Happy Investing :)
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