Current price is less than the intrinsic value

Intrinsic Value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Dividend Returns

Not a good time to invest, stock is in overbought zone

Entry Point

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

No Red Flags

The stake is valued at around Rs 1,437 crore at UTI AMC’s last closing price of Rs 743.5

UTI AMC, Punjab National Bank shares jump on the stake sale plans

PNB owned 15.22 per cent stake in UTI Asset Management Company as of September 30. That stake is valued at Rs 1,394.52 crore, as the AMC stock rose 7.36 per cent to hit a high Rs 740.15 on BSE today

PNB shares rally for 8th straight day, climb 7% today. Here’s why

Both stocks UTI AMC and PNB rose between 5-9 percent in day's trade. Both stocks are rallying as PNB gets Govt approval to sell entire 15.2% stake in UTI AMC valued at Rs 1,300cr. The timeline for making the divestment is yet to be finalized. Dealers say that domestic fund houses and banking funds have started buying UTI AMC stock. In August it was reported by media reports that Tata Asset Management considering Buying 45% Stake in UTI AMC. The asset management company is a preferred pick of B&K Securities as it is gaining market share in the equity segment.PNB is out of F&O ban today and its almost a 3-year high 

#pnb #uti #utiamc
Subscribe To ET Now For Latest Updates On Stocks, Business News, Trading | https://bit.ly/SubscribeToETNow

To Stay Updated Download the Times Now App :-
Android Google Play :  https://goo.gl/zJhWjC
Apple App Store :  https://goo.gl/d7QBQZ

Social Media Links :-
Twitter - http://goo.gl/hA0vDt
Facebook - http://goo.gl/5Lr4mC
G+ - http://goo.gl/hYxrmj
Website - www.etnownews.com

Subscribe Now To Our Network Channels:-
Times Now: https://bit.ly/SubscribeToTimesNow
Mirror Now: https://bit.ly/SubscribeToMirrorNow

Pushed via Slike

Why Have PNB and UTI AMC Rallied Between 5-9% In The Day's Trade?

Shares of Punjab National Bank (PNB) scaled a fresh 52-week high in early trade on November 25, after the lender announced that it has received the Government of India’s approval for a stake sale in UTI Asset Management Company

Punjab National Bank Shares Climb 7% on DIPAM Nod to Sell UTI AMC Stake; Know Details

PNB received the government’s approval to divest its entire stake in UTI Asset Management Company (AMC) as part of its non-core asset sale plan and shore up its capital base.

PNB surges 8% to hit 21-month high on govt’s nod to divest stake in UTI AMC

PNB holds 15.22 percent stake in UTI AMC. The objective behind the stake sale is to realise gains on investment, the public sector lender said

PNB hits fresh 52-week high on DIPAM nod to sell UTI AMC stake

Stocks to Watch: Punjab National Bank (PNB) on Thursday said it received the government’s approval to divest its entire stake (15.22 per cent) in UTI Asset Management Company

Stocks to Watch: PNB, Tube Investments, Indian Oil, Laurus Labs, SBI, Lupin

The bank holds 15.22 per cent stake in UTI AMC worth around Rs 1300 crore at current valuation

PNB gets Centre’s approval to divest its entire stake in UTI AMC

The State-owned bank currently has 15.22% stake in the listed asset management company

PNB gets DIPAM nod to shed stake in UTI AMC

Speaking to ET NOW, Vetri Subramaniam, Chief Investment Officer (CIO), UTI AMC, said India has outperformed this year and macro and geopolitical conditions are strong. On the tech and financial sector, he believes financials have seen strong balance sheets in the lending business, while I.T. valuations have begun to correct. Should Indian markets be concerned about a rate hike by the Federal Reserve?  To know watch the full interview, only on ET NOW!

Top Themes To Ride The Volatility |  Vetri Subramaniam, Chief Investment Officer (CIO), UTI AMC

Cost improvement, diversified source of revenue continue to remain the two unique earnings drivers.

UTI AMC Q2 Results Review- More Levers Than Peers For Earnings Growth; Attractive Valuations: ICICI Securities

UTI Asset Management Company Ltd. (UTI AMC) is an India-based asset management company. The Company’s investments are spread across Indian equities, fixed income, private equity and private debt. It provides portfolio management services (PMS) to institutional clients and high net worth individuals (HNIs). It also manages retirement funds, offshore funds and alternative investment funds. The Company is the investment manager to the schemes of UTI Mutual Fund. UTI AMC manages approximately 138 domestic mutual fund schemes comprising equity, hybrid, income, liquid and money market funds. The Company provides discretionary PMS to the Employees’ Provident Fund Organization (EPFO), the Coal Mines Provident Fund Organization (CMPFO), the Employees’ State Insurance Corporation (ESIC), the National Skill Development Fund (NSDF), non-discretionary PMS to Postal Life Insurance (PLI) and advisory PMS to various offshore and domestic accounts.

UTI Asset Management Company Ltd

UTI Asset Management Company 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

UTI AMC, Punjab National Bank shares jump on the stake sale plans

PNB shares rally for 8th straight day, climb 7% today. Here’s why

News Video

Why Have PNB and UTI AMC Rallied Between 5-9% In The Day's Trade?

Punjab National Bank Shares Climb 7% on DIPAM Nod to Sell UTI AMC Stake; Know Details

PNB surges 8% to hit 21-month high on govt’s nod to divest stake in UTI AMC

PNB hits fresh 52-week high on DIPAM nod to sell UTI AMC stake

Stocks to Watch: PNB, Tube Investments, Indian Oil, Laurus Labs, SBI, Lupin

PNB gets Centre’s approval to divest its entire stake in UTI AMC

PNB gets DIPAM nod to shed stake in UTI AMC

UTI Asset Management Company 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

UTI AMC, Punjab National Bank shares jump on the stake sale plans

PNB shares rally for 8th straight day, climb 7% today. Here’s why

News Video

Why Have PNB and UTI AMC Rallied Between 5-9% In The Day's Trade?

Punjab National Bank Shares Climb 7% on DIPAM Nod to Sell UTI AMC Stake; Know Details

PNB surges 8% to hit 21-month high on govt’s nod to divest stake in UTI AMC

PNB hits fresh 52-week high on DIPAM nod to sell UTI AMC stake

Stocks to Watch: PNB, Tube Investments, Indian Oil, Laurus Labs, SBI, Lupin

PNB gets Centre’s approval to divest its entire stake in UTI AMC

PNB gets DIPAM nod to shed stake in UTI AMC

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