ISLAMIC TIJARAT™ OFFICIAL

SYRMA SGS ; Syrma SGS sets up one of the largest Electronics Manufacturing Facility in Pune

The campus facility set to bolster company's global operations and complement its growth momentum

NUVOCO VISTAS Q2 Result

NET LOSS AT 85 CR V 1.53 CR PROFIT(YOY), 2.84 CR PROFIT (QOQ)

REVENUE DOWN 12 % AT 2268 CR (YOY) ,DOWN 14 % (QOQ)

EBITDA DOWN 34 % AT 219 CR (YOY),DOWN 36 %(QOQ)

EBITDA MARGINS AT 9.65 % V 12.8 % (YOY), 13.05 % (QOQ)

GAIL INDIA: CO EXEC SAYS PLANS TO RAISE 40B RUPEES BY MARCH 2025 SAYS MAY RAISE FOREIGN CURRENCY LOANS IF COST IS CHEAPER SAYS AIMS TO EXPAND LONG TERM LNG IMPORT PORTFOLIO TO 21 MTPA BY 2030

ITD CEMENTATION: ADANI GROUP IS IN FINAL STAGE OF ACQUIRING ITD CEMENTATION, AS PER SOURCES ET

#2QWithCNBCTV18 | #Birlasoft reports #Q2Results 👇

👉Net profit down 15.1% at ₹127.5 cr vs ₹150.2 cr (QoQ)

👉Revenue up 3.1% at ₹1,368 cr vs ₹1,327 cr (QoQ)

👉EBIT down 17.9% at ₹143.1 cr vs ₹174.4 cr (QoQ)

👉Margin at 10.5% vs 13.2% (QoQ)

PIDILITE INDUSTRIES Q2 Result

NET PROFIT UP 19 % AT 534 CR (YOY),DOWN 6 % (QOQ)

REVENUE UP 5 % AT 3234 CR (YOY) ,DOWN 5 % (QOQ)

EBITDA UP 14 % AT 778 CR (YOY),DOWN 4 %(QOQ)

MARGINS AT 24.07 % V 22.1% (YOY), 23.95 % (QOQ)

NATH BIO Q2 Result

NET PROFIT DOWN 26 % AT 1.11 CR (YOY),DOWN 97 % (QOQ)

REVENUE UP 43 % AT 32.19 CR (YOY) ,DOWN 87 % (QOQ)

EBITDA UP 21 % AT 7.95 CR (YOY),DOWN 93 %(QOQ)

MARGINS AT 24.7 % V 29.1% (YOY),43.69 % (QOQ)

https://www.instagram.com/p/DBeEyw1ynEJ/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==

Date: 23-Oct-2024 ( IMP UPDATES TILL 7:00PM)

ORDER WIN
JYOTI STRUCTURES: Company has received a letter of acceptance from Adani Energy Solutions Limited Worth Rs 450.1 Cr (M Cap : 2774CR) (FY24 Revenue: 475.3 CR)

IRB INFRA ; Co. has been declared as qualified bidder by the NTPC Vidyut Vyapar Nigam Limited for 185 MW/370 MWh out of the project of tariff-based setting up of 500 MW/1000 MWh standalone battery energy storage systems in India with viability gap funding support as per the terms and conditions of the Request for Selection (RfS).

THINKING HATS: Company bagging an order from Cotin Planning Co Ltd, Korea, to organize the "K Food Universe India - Korean Food Pop-Up Store" event at DLF Avenue Saket, New Delhi, from October 25 to November 17, 2024.

POWERGRID: Board accorded Investment approval for the project “Transmission system for evacuation of Power from REZ in Rajasthan, at an estimated cost of ₹284.10 crore.

KEC INT ; KEC International wins New Orders of Rs. 1,142 crores Order Book :13500CR MCAP; 24854

FUND RAISING
GUJARAT FLUOROCHEMICALS: Company Subsidiary, GFCL EV To Raise ₹1,000 Cr At An Eq Valuation Of ₹25,000 Cr

KPIT TECH ; APPROVED UPTO RS 2900 CR FUND RAISING Via QIP

ACQUISITION
ITD CEMENTATION: Adani Group Is In Final Stage Of Acquiring Itd Cementation -Etnow

Rajnish Wellness: Company has received a acquisition offer from Python Chemical Company Limited, based in Thailand. (Board Meet on 5th November 2024) (The details of the offer are as follows:
1. Acquisition of DavaDiscount Brand:
Offer Value: INR 650 Crores
2. Acquisition of PlayWin Brand:
Offer Value: INR 400 Crores {MCAP 221 CR}.

ALLCARGO TERMINAL: Company’s Strategic Investment in HORCL for MMLP, Farukhnagar Currently, only about 7-8% of ATL’s total EXIM volumes comes from northern India (Dadri). After the commencement of this project in Farukhnagar, the volume contribution from north India to ATL will be in the range of 17-20%.

COLLABORATION
RITES& NMDC collaborate for Rail Connectivity works

WIPRO: Wealthtime pioneers innovative business transformation through agreement with Wipro and GBST

INFOSYS: Company Expands Strategic Collaboration with Meta: Unveils Center of Excellence to Drive Enterprise AI Innovation through Open Source


STOCK SPLIT/ BONUS

SIYARAM SILK MILLS: BORAD MEET TO CONSIDER BONUS ON 26 OCT

LINC ; BOARD MEET ON 29 OCT TO CONSIDER STOCK SPLIT, BONUS ISSUE

PLANT COMMENCEMENT

BIOCON: Amgens Launch Of Eylea May Lead To Eps Cut For Biocon- Cnbctv18

AGS TRANSACT TECHNOLOGIES: Company Enables UPIQR-based Cash Withdrawals on ATMs of a Public Sector Bank with Network of 1000+ ATMs, for a Faster, Card-free Banking Experience
CAMS: Company expands its presence in GIFT City, Gujarat, inaugurating the second office premises

MAHINDRA LOGISTICS: Club Mahindra, the flagship brand of Mahindra Holidays & Resorts India Limited, has launched its latest property, Club Mahindra Pavagadh in Gujarat.

SIYARAM SILKS ; Siyaram’s Expands Retail Footprint with New Fast Fashion and Ethnic Clothing Stores

SYRMA SGS: Company has inaugurated, its new state of art integrated electronics manufacturing facility in Ranjangaon near Pune, Maharashtra.

MERGER/DEMERGER
HINDUSTAN UNILEVER: Decided to separate the ice cream business based on recommendation of independent committee Ice cream contributes 3% to HUL's turnover

USFDA
ZYDUS LIFE: WHO prequalifies Zydus’s Typhoid Vi Conjugate Vaccine, ZyVac® TCV. Company receives acceptability, in principle, for ZyVac® TCV making it eligible for purchase by United Nations procurement agencies.

RESIGNATION
SYNGENE INTERNATIONAL: Mr. Sibaji Biswas resigns as CFO, effective November 30, 2024.

OTHER UPDATE
ESCORTS: Escorts board approved the sale of its Railway Equipment Division to Sona BLW Precision Forgings Ltd for INR 1,600 crore on a slump sale basis.

METRO BRANDS Q2 :CONS NET PROFIT UP 4 % AT 69.5 CR (YOY), DOWN 24 % (QOQ)

REVENUE UP 5 % AT 585 CR (YOY) ,UP 2 % (QOQ)

EBITDA FLAT% AT 155 CR (YOY), DOWN 14 %(QOQ)

MARGINS AT 26.4 % V 27.9 % (YOY), 31.3 % (QOQ)

KRYSTAL INTEGRATED Q2 :CONS NET PROFIT UP 27 % AT 10.5 CR (YOY), DOWN 2 % (QOQ)

REVENUE UP 13 % AT 266 CR (YOY) ,UP 4 % (QOQ)

EBITDA UP 2 % AT 16.92 CR (YOY),UP 4 %(QOQ)

MARGINS AT 6.35 % V 7.1 % (YOY),6.3 % (QOQ)

NAVIN FLUORINE INTERNATIONAL LTD Q2 CONS

REVENUE 519 CR VS 472 CR (YOY), Q1 534 CR

NET PROFIT 58.82 CR VS 60.58 CR (YOY), Q1 51.2 CR

EBITDA 107 CR VS 98 CR (YOY), Q1 100 CR

EBITDA MARGIN 20.7% VS 20.8% (YOY), Q1 19%

HUL Q2 ; NET PROFIT DOWN 4 % TO 2612 CR YOY , UP 3 % QOQ

REVENUE UP 2 % AT 15,817CR (YOY) ,UP 1 % (QOQ)

EBITDA DOWN 1 % AT 3956 CR (YOY),UP 2 %(QOQ)

MARGINS AT 25 % V 25.55 % (YOY),24.75 % (QOQ)

DIVIDEND: 29 ( RS 19 NORMAL + 10 SPECIAL DIVIDEND)

SCHAEFFLER INDIA Q2 SL

NET PROFIT 2.5B RUPEES VS 2.35B (YOY); 2.53B (QOQ)

REVENUE 20.7B RUPEES VS 18.5B (YOY)

SEBITDA 3.75B RUPEES VS 3.42B (YOY)

EBITDA MARGIN 18.11% VS 18.50% (YOY)

JOHNSON CONTROL HITACHI Q2

REVENUE 396 CR VS 280 CR (YOY), Q1 996 CR

NET LOSS OF 30 CR VS 56 CR (YOY), Q1 PROFIT OF 37 CR

KEC INT ; KEC International wins New Orders of Rs. 1,142 crores

Order Book :13500CR
MCAP; 24854

SONA BLW Q2 :CONS NET PROFIT UP 15 % AT 143 CR (YOY),UP 1 % (QOQ)

REVENUE UP 17 % AT 922 CR (YOY) ,UP 3 % (QOQ)

EBITDA UP 14 % AT 251 CR (YOY),UP 1%(QOQ)

MARGINS AT 27.3 % V 27.94 % (YOY), 27.95 % (QOQ)

DAI-ICHI Q2

REVENUE 37 CR VS 35 CR (YOY), Q1 34 CR

NET LOSS 0.37 CR VS PROFIT 14.82 CR (YOY), Q1 LOSS OF 0.27 CR

THYROCARE TECH Q2 Result

NET PROFIT UP 31 % AT 26.7 CR (YOY),UP 10 % (QOQ)

REVENUE UP 20 % AT 177 CR (YOY) ,UP 13 % (QOQ)

EBITDA UP 29 % AT 48.2 CR (YOY),UP 13 %(QOQ)

EBITDA MARGINS AT 27.2 % V 25.35 % (YOY), 27.17 % (QOQ)

VIP INDUSTRIES Q2 RESULT

NET LOSS 33 CR VS PROFIT 13 CR (YOY), Q1 4 CR

REVENUE  544 CR VS 546 CR (YOY), Q1 639 CR

EBITDA - 2 CR  VS 53 CR (YOY), Q1 49 CR

EBITDA MARGIN  -0.4% VS 9.7% (YOY), Q1 7.7%