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Ans: Yes

Ans: The future is good for all PSU banks

Ans: Hold it for long term.

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ans: good small bank growing fast

Ans: 3677 max

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Ans: NMDC Limited’s (NMDC) operational performance has been very strong, with robust 23%/32% y-o-y
growth in its iron ore production/sales volume in 5MFY24 and seems on track to achieve its guidance
production guidance of 47-49mmt/>50mt for FY24/FY25. The recent commissioning of the Nagarnar
steel plant further improves the iron ore sales volume growth outlook in H2FY24. Long-term volume
growth also remains strong given NMDC’s target to reach 100mt of iron ore production in the next five
years. Additionally, the recent price hike of 7-8% in iron ore price (reflects a recovery in international
iron ore prices) and benefit of operating leverage bodes well for margin. We thus expect NMDC to
clock 12%/15% EBITDA/PAT CAGR over FY23-26E. Valuation of 4.6x/4.1x FY25E/FY26E EV/EBITDA is
attractive and stock offers a healthy dividend yield of 5-6%.

Disclaimer: Investments in securities are subject to market RISKS. Read all the related documents carefully before investing. Please consult your appointed/paid financial adviser before taking any decision. The securities quoted are for illustration only and are not recommendatory. Registration granted by SEBI, membership of BASL and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.