எச்சரிக்கை: ஜப்பானிய வங்கி 'நொமூரா' வெளியீடு

கீழ்க் கண்ட செய்தியினால் வரும் நாட்களில் BANK NIFTY'யில் சலசலப்பு கட்டாயம் இருக்கும் - சிறு/குறு முதலீட்டாளர்கள் நாம் குறிப்பிட்டுள்ள வங்கிகளில் புதிய முதலீடுகளை முற்றிலுமாக தவிர்க்கவும் - ஏற்கனவே பொசிஷனில் இருப்பவர்கள் லாபத்தையோ அல்லது தகுந்த நட்டத்தடுப்பையோ மனதிற் கொண்டு வெளியேறவும்! 

Moneycontrol Bureau Investors of  Jaiprakash Associates have had a tough time swallowing the promoters selling shares for “social cause” reasoning, which is evident from its around 30 percent crash since the news broke out. 

On Thursday, Jaypee Infra Ventures sold 1,34,89,693 shares of Jaiprakash Associates for Rs. 62.40 crore through open market sale route.
The company later said the "small share holding" was disposed off by a promoter company to meet needs of funds including for social cause.

 "It is understood that rumours are being planted in the market by the persons with vested interests suggesting that the promoters are selling their share holding in the company. Such stories seem to have lead to a sharp drop in the share price...," the company said in a filing to the BSE.

 “It is clarified in the interest of stakeholders that one of the promoters holding 72.36 crore shares, constituting 29.75 per cent of the company’s shares capital, has sold only 1.45 per cent of such share holding and continues to hold 68.83 crore shares, constituting 28.30 per cent of company’s share capital,” it said. 

JP Associates is struggling under huge debt. According to Thomson Reuters data, the company has a net debt of Rs 63,111 crore and a debt-to-equity ratio of nearly 6 times. 

To de-leverage, the company has been trying to dispose some of its assets. According to research firm Nomura, Indian banks have around USD 10 billion of exposure to the JPA Group.

 It says while there could be some cashflow mismatches, JPA is currently servicing all its bank debt on time and most of the bank exposure is backed by hard assets and ultimate write-downs (if any) will be lower. 

Nomura says ICICI,  IDBI and  SBI are the 3 largest lenders to JPA Group with total exposure of Rs 128 billion, Rs 79 billion and Rs 64 billion, respectively. 

மேற்கூறிய செய்தியால் JP ASSOCIATES'இல் முதலீடு செய்திருப்போர் வருத்தத்தில் ஆழ்ந்துள்ளனர்!

வர்த்தகர்கள் JP ASSOCIATES அல்லாது ICICI, IDBI, SBI போன்ற வங்கிகளில் புதிய முதலீட்டை அறவே தவிர்க்கவும்! 

 Chart highlights of various banks exposure to JPA