RBLbank is both fundamentally and technically strong on charts. Book value ₹ 211, Market Cap ₹ 12,235 Cr
Fundamental View
Stock is trading at 0.97 times its book value
Company has low interest coverage ratio.
Company has a low return on equity of 6.77% for last 3 years.
Contingent liabilities of Rs.61848.98 Cr.
Company might be capitalizing the interest cost
Earnings include an other income of Rs.2514.51 Cr.
Dividend payout has been low at 9.46% of profits over last 3 years
Technical View
Strong uptrend on monthly chart and trading above key Fib ratios. C/3rd wave upside is currently progressing.
Fundamental View
Stock is trading at 0.97 times its book value
Company has low interest coverage ratio.
Company has a low return on equity of 6.77% for last 3 years.
Contingent liabilities of Rs.61848.98 Cr.
Company might be capitalizing the interest cost
Earnings include an other income of Rs.2514.51 Cr.
Dividend payout has been low at 9.46% of profits over last 3 years
Technical View
Strong uptrend on monthly chart and trading above key Fib ratios. C/3rd wave upside is currently progressing.