Intrinsic Value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry Point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

The erstwhile management of realty firm Supertech on Wednesday informed the Supreme Court that it has submitted a settlement proposal with Union Bank of India

Bank settlement proposal in NCLAT: Supertech management tells SC

Union Bank of India Q4 profit rises 23% aided by stake sale in insurance arm, lower cost of deposits

Union Bank of India on Friday reported 22.68 per cent jump in consolidated net profit at Rs 1,557.09 crore for March quarter 2021-22 helped by a Rs 627 crore gain through a stake-sale in its insurance arm and benefits through low cost of deposits

Union Bank Q4 Results: Profit Rises 23% Helped by Stake-Sale in Life Arm, Lower Cost of Deposits

On a standalone basis, the lender reported 8.26 per cent growth in net profit at Rs 1,440 crore.

Union Bank of India Q4 profit rises 23 pc helped by stake-sale in life arm, lower cost of deposits | The Financial Express

The lender had logged a net profit of Rs 1,330 crore in the same quarter of previous fiscal year

Union Bank of India reports 8% rise in fourth-quarter profit at Rs 1,440 cr

SBI, Eicher Motors, Tech Mahindra, Bank of Baroda, Bandhan Bank, Union Bank of India, Alkem Laboratories, Emami, Escorts, Hindustan Aeronautics, Nazara Technologies, REC, Reliance Power are among the companies scheduled to announce their earnings today

Stocks to Watch: SBI, Tech Mahindra, RIL, Bank of Baroda, Airtel, Tata Motors

Union Bank of India Q4: Profit Rises 8% YoY, Gross NPAs Reduce, Shares Fly

Embattled real estate major Supertech Ltd on Friday informed the Supreme Court that it is in talk with the financial creditor Union Bank of India to resolve the dispute over the payment of dues.

In talks with bank to settle dispute over dues: Ex-Supertech managers to SC

The realty firm had informed the top court that it will be filing an appeal against the order of the National Company Law Tribunal (NCLT) declaring it bankrupt on a plea filed by the Union Bank of India for non-payment of around Rs 432 crore worth of dues.

In talk with bank to settle dispute over dues: Ex-management of Supertech to Supreme Court

Union Bank of India submitted before NCLAT that the company should come up with a concrete settlement plan that entails “definite upfront payment” of dues

Supertech given more time to settle debt

Union Bank of India took Supertech to the insolvency court after the real estate developer failed to pay its debt since July 2019. The amount of default, as of January 2021, stood at Rs 432 crore.

Supertech-Union Bank case: NCLAT gives Supertech another opportunity to settle dispute | The Financial Express

Union Bank of India is engaged in providing banking and financial services. The Bank offers products and services in three categories: Deposits, Loans and Advances, and Remittances and Collections.

Union Bank of India Ltd

Union Bank of India Ltd

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Bank settlement proposal in NCLAT: Supertech management tells SC

Union Bank of India Q4 profit rises 23% aided by stake sale in insurance arm, lower cost of deposits

Union Bank Q4 Results: Profit Rises 23% Helped by Stake-Sale in Life Arm, Lower Cost of Deposits

Union Bank of India Q4 profit rises 23 pc helped by stake-sale in life arm, lower cost of deposits | The Financial Express

Union Bank of India reports 8% rise in fourth-quarter profit at Rs 1,440 cr

Stocks to Watch: SBI, Tech Mahindra, RIL, Bank of Baroda, Airtel, Tata Motors

Union Bank of India Q4: Profit Rises 8% YoY, Gross NPAs Reduce, Shares Fly

In talks with bank to settle dispute over dues: Ex-Supertech managers to SC

In talk with bank to settle dispute over dues: Ex-management of Supertech to Supreme Court

Supertech given more time to settle debt

Union Bank of India Ltd

Intrinsic ValueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry PointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Bank settlement proposal in NCLAT: Supertech management tells SC

Union Bank of India Q4 profit rises 23% aided by stake sale in insurance arm, lower cost of deposits

Union Bank Q4 Results: Profit Rises 23% Helped by Stake-Sale in Life Arm, Lower Cost of Deposits

Union Bank of India Q4 profit rises 23 pc helped by stake-sale in life arm, lower cost of deposits | The Financial Express

Union Bank of India reports 8% rise in fourth-quarter profit at Rs 1,440 cr

Stocks to Watch: SBI, Tech Mahindra, RIL, Bank of Baroda, Airtel, Tata Motors

Union Bank of India Q4: Profit Rises 8% YoY, Gross NPAs Reduce, Shares Fly

In talks with bank to settle dispute over dues: Ex-Supertech managers to SC

In talk with bank to settle dispute over dues: Ex-management of Supertech to Supreme Court

Supertech given more time to settle debt

Intrinsic Value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry Point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock