23.2.16

Multibeggers From Multibaggers: Few NPA Defaulters

It is an open affair that Indian Banking System has declared nearly Rs 4.4 lakh crore as bad loans till December — mostly from large corporate defaulters. Between 2001 and 2013, around Rs 2 lakh crore loans had been written off by banks. Combining these two figures it becomes a whooping Rs 6.4 lakh crore!!. Now the best part is, coming quarters will see more NPA disclosures. SBI chairperson has already signaled more pain in March quarter earnings on NPA woes.

Lets try to find out few familiar names in stock market which played a major role in this tragedy of Indian banking System. Below figure shows the biggest defaulters in the list of some of the banks. What are the common factors among this culprits?



Below statistics shows some well known "investors darlings" and how they rewarded the investors who trusted them.

Bharati Shipyard
Life Time High: ~ Rs 800
Now Trading @: Rs 19
Dividend Yield: 0.00%

Era Infra Engineering
Life Time High: ~ Rs 235
Now Trading @: Rs 1.8
Dividend Yield: 0.00%

Winsome Diamonds & Jewellery Ltd
Life Time High: ~ Rs 105
Now Trading @: Rs 0.85
Dividend Yield: 0.00%

GTL Ltd
Life Time High: ~ Rs 3300
Now Trading @: Rs 0.11
Dividend Yield: 0.00%

Sterling Biotech
Life Time High: ~ Rs 200
Now Trading @: Rs 5.00
Dividend Yield: 0.00%

Educomp Solutions
Life Time High: ~ Rs 1100
Now Trading @: Rs 12.00
Dividend Yield: 0.00%

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