Top10: Tyres and Banks stocks in limelight on D Street

Small Finance Banks will provide all banking options but to a limited area of operations. It Will provide credit and saving products. Banks need to ensure 75 percent of loans are in priority sector lending. It need to focus on small loans, at least 50 percent of loans must have advances of upto Rs 25 lakh. Small Finance Banks includes:- SE Investments SKS Micro Dewan Hsg Repco HomeIIFL  Ceat stock hit life-time high yesterday. Delivery quantity at 4.7 lakh shares versus 10-day average of 1.5 lakh. Delivery percent at 16 percent. FY16 EPS seen at Rs 95/share; FY17 EPS seen at Rs 115/share. Trading at 12.7x FY16 & 10.5x FY17e earnings. Ceat has traded at an average P/E of 9x during the last five years. FY17 EBIDTA margin seen at 11.5 percent.MRF FY16 EPS seen at Rs 3,333/share; FY17 EPS seen at Rs 3,628/share. Trading at 12.2x FY16e & 11.2x FY17e earnings. FY17 EBIDTA margin seen at 18 percent.Apollo Tyres delivery quantity at 5 lakh shares versus 10-day average of 7.1 lakh. Delivery percent at 17 percent. Future OI up 5 percent. FY16 EPS seen at Rs 21.20/share; FY17 EPS seen at Rs 23.50/share. Trading at 8.7x FY16e & 7.8x FY17e earnings. Traded at an average P/E of 10x during the last five years.FY17 EBIDTA margin seen at 15 percent.JK Tyre delivery quantity at 7.3 lakh shares vs 10-day average of 5.4 lakh. Delivery percent at 15 percent. FY16 EPS seen at Rs 21.90/share; FY17 EPS seen at Rs 22.10/share. Trading at 4.9x FY16e & 4.8x FY17e earnings. FY17 EBIDTA margin seen at 12.7 percent.