Niftystocktrend learning

*Economic Calendar – 13.02.2025*


12.30 U.K. GDP m/m (Expected: 0.1% versus Previous: 0.1%)

15.30 EURO Industrial Production m/m (Expected: -0.6% versus Previous: 0.2%)

*19.00 U.S. PPI m/m (Expected: 0.3% versus Previous: 0.2%)*

*19.00 U.S. Unemployment Claims (Expected: 217K versus Previous: 219k)*

*Q3FY25 EARNING CALENDAR 13.02.2025*

AFCONS, AGARIND, ALLCARGO, AMNPLST, ANDREWYU, ANURAS, BFINVEST, BFUTILITIE, BHAGCHEM, CAPACITE, CONCORDBIO, DCW, *DEEPAKNTR*, GOCLCORP, *GODFRYPHLP*, GOKULREFOIL, GOODYEAR, GPPL, GRINDWELL, GRMOVER, HARSHA, HCC, HCG, *HINDALCO*, IGPL, *IPCALAB*, ITDC, ITI, KERNEX, KIOCL, KIRIINDUS, KNRCON, LAXMIDENTL, LLOYDSENGG, LLOYDSENT, LUMAXTECH, LUXIND, *MANAPPURAM*, MMTC, MMWL, NAZARA, NIRLON, PITTIENG, PLATIND, QUADFUTURE, *SJVN*, SOTL, SUNFLAG, TCPLPACK, TITAGARH, *UBL*, UNITECH, VENUSPIPES, WSTCSTPAPR

*DEEPAKNTR* YoY
* Revenue expected at Rs 2024 crore versus Rs 2009 crore
* EBITDA expected to be seen at Rs 284 crore versus Rs 304 crore
* EBITDA margin expected to be seen at 14.13% versus 15.16%
* Net profit expected to be seen at Rs 185 crore versus Rs 202 crore

*GODFRYPHLP* YoY
* Revenue expected at Rs 1461 crore versus Rs 4825 crore
* EBITDA expected to be seen at Rs 265 crore versus Rs 219 crore
* EBITDA margin expected to be seen at 18.14% versus 17.61%
* Net profit expected to be seen at Rs 213 crore versus Rs 245 crore

*HINDALCO* QoQ
* Revenue expected at Rs 57306 crore versus Rs 58203 crore
* EBITDA expected to be seen at Rs 7662 crore versus Rs 7883 crore
* EBITDA margin expected to be seen at 13.37% versus 13.54%
* Net profit expected to be seen at Rs 3846 crore versus Rs 2744 crore

*IPCALAB* YoY
* Revenue expected at Rs 2284 crore versus Rs 2052 crore
* EBITDA expected to be seen at Rs 430 crore versus Rs 331 crore
* EBITDA margin expected to be seen at 18.83% versus 16.14%
* Net profit expected to be seen at Rs 224 crore versus Rs 179 crore

*SJVN* YoY
* Revenue expected at Rs 593 crore versus Rs 543 crore
* EBITDA expected to be seen at Rs 395 crore versus Rs 368 crore
* EBITDA margin expected to be seen at 66.61% versus 67.82%
* Net profit expected to be seen at Rs 125 crore versus Rs 164 crore

*UBL* YoY
* Revenue expected at Rs 2056 crore versus Rs 1824 crore
* EBITDA expected to be seen at Rs 188 crore versus Rs 146 crore
* EBITDA margin expected to be seen at 9.14% versus 8.00 %
* Net profit expected to be seen at Rs 106 crore versus Rs 85 crore


*Q3FY25 EARNING CALENDAR 14.02.2025*

*ABFRL*, ADFFOODS, AGARWALEYE, ARMANFIN, ASHAPURMIN, ASTAR, AWHCL, BCG, BEEKAY, BESTAGRO, BGDL, BORORENEW, CAMLINFINE, CUPID, DBL, DECNGOLD, DEEDEV, DISHTV, DIVGIITTS, EASEMYTRIP, ETHOSLTD, FISCHER, GENESYS, GLAXO, *GLENMARK*, *GNFC*, GUFICBIO, GUJTHEM, HERANBA, HGS, HINDWAREAP, HMT, HUBTOWN, INGERRAND, JAICORPLTD, JAMNAAUTO, JINDALPOLY, JNKINDIA, KAMAHOLD, KDDL, KITEX, LAOPALA, MCLOUD, *MOTHERSON*, MTNL, MUKKA, *NH*, NORTHARC, PANACEABIO, PARSVNATH, PENIND, PIFL, PIXTRANS, POLYPLEX, PTCIL, RAMASTEEL, RATEGAIN, ROLEXRINGS, RPSGVENT, *RVNL*, SALASAR, SANDUMA, SIGNPOST, SUDARSCHEM, TARSONS, TECHNVISN, THEMISMED, UNIMECH, UTKARSHBNK, VKAL, ZENTEC


*ABFRL* YoY
* Revenue expected at Rs 4410 crore versus Rs 4166 crore
* EBITDA expected to be seen at Rs 589 crore versus Rs 553 crore
* EBITDA margin expected to be seen at 13.36% versus 13.28%
* Net profit expected to be seen at Rs -74 crore versus Rs -77 crore

*GLENMARK* YoY
* Revenue expected at Rs 3435 crore versus Rs 2506 crore
* EBITDA expected to be seen at Rs 627 crore versus Rs -208 crore
* EBITDA margin expected to be seen at 18.25% versus -8.32 %
* Net profit expected to be seen at Rs 367 crore versus Rs -274 crore

*MOTHERSON* YoY
* Revenue expected at Rs 29281 crore versus Rs 25697 crore
* EBITDA expected to be seen at Rs 2723 crore versus Rs 2369 crore
* EBITDA margin expected to be seen at 9.30% versus 9.22%
* Net profit expected to be seen at Rs 939 crore versus Rs 542 crore

*NH* YoY
* Revenue expected at Rs 1322 crore versus Rs 1203 crore
* EBITDA expected to be seen at Rs 289 crore versus Rs 296 crore
* EBITDA margin expected to be seen at 21.86% versus 24.66%
* Net profit expected to be seen at Rs 179 crore versus Rs 188 crore

*RVNL* YoY
* Revenue expected at Rs 4855 crore versus Rs 4689 crore
* EBITDA expected to be seen at Rs 254 crore versus Rs 249 crore
* EBITDA margin expected to be seen at 5.23% versus 5.31%
* Net profit expected to be seen at Rs 333 crore versus Rs 358 crore

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Retail inflation dips to 5-month low in Jan; IIP slows to 3.21% in Dec
📝 Nokia wins Airtel deal to expand 5G FWA devices for fast internet in India
📝 Razorpay elevates Haria to role of CPO as it eyes Southeast Asia expansion
📝 Arkade Developers bags cluster redevelopment project with GDV of Rs 1.7k cr
📝 Small pharma companies get 1 year breather to implement Schedule M
📝 Airtel Payments Bank Q3 results: Net profit surges 70% to Rs 18.5 crore
📝 NIIF plans to raise $2 billion private credit fund, India's largest so far
📝 Jubilant FoodWorks Q3 results: PAT falls 35% to Rs 42.9 cr, revenue up 56%
📝 HPCL signs agreement for sourcing LNG for NTPC, says Chairman Narang
📝 SIG to invest Rs 360 crore on 2nd phase of plant expansion in India
📝 SoftBank posts loss of $2.4 bn in Q3 on fall in 'Vision Fund' valuations
📝 Suzlon bags order from Oyster Renewable to supply wind turbine generators

*Economic Times*

📝 India seen struggling to fulfil sugar export quota, industry sources say
📝 French firm signs 2nd LNG supply deal with Indian co, to sell 400,000 tonnes to GSPC
📝 Godrej & Boyce's aerospace unit signs MoU with ADA
📝 Govt imposes mandatory quality orders for stainless steel seamless pipes, tubes
📝 BHEL bags order from MAHAGENCO for 1320 MW Koradi thermal power project
📝 Indian sartups shift focus to smaller funding rounds amid market caution
📝 91Springboard leases over 100,000 sq ft across three centres in NCR
📝 State Bank of India sees sector's personal loan woes easing on tighter credit rules
📝 Epsilon to invest Rs 15,350 cr for EV battery facility in Karnataka
📝 Volkswagen's $1.4 billion India tax tussle rekindles foreign investor fears
📝 TVS Motor to invest Rs 2,000 cr in Karnataka over next 5 years

*Mint*

📝 Three global PE firms vie to buy Hyderabad’s Gland Pharma from its Chinese owner
📝 Ashok Leyland Q3 Results: Net profit improves 32% YoY to ₹762 crore
📝 BPCL signs term contract with Brazil's Petrobras for supply of crude oil
📝 HAL Q3 Results: Net profit rises 14% to ₹1,433 crore; revenue up 15% YoY
📝 AGI Greenpac seeks review of SC order quashing acquisition of bankrupt HNGIL
📝 Retail investor sentiment to shape Indian stock market in coming weeks: Kotak
📝 Power Finance Corp Q3 results: Net profit rises 23% YoY to ₹5,829 crore
📝 Imagicaaworld allots 17 lakh shares to DMart promoter Gopi Kishan Damani
📝 Inflows into equity funds dropped marginally in January: AMFI data
📝 Lodha, Godrej Properties may gain from traction in Mumbai Metropolitan Region
📝 SC seeks Maharashtra govt’s response on Sahara’s Versova land sale eligibility

*Market pulse WhatsApp channel*

Stocks in news

Nifty spot high 23075

(Long @ 22880-22900 )

Target reached🎉🎉

*Nifty spot high 22940*

(Long @ 22880-22900)

Hold longs for 22980-23000

Keep trailing sl 22900

*Nifty spot high 22940*

(Long given @ 22880-22900)

22940 from 22880

*60 points gain*

Nifty spot

Looking good around 22880-22900

Stoploss 22850

Tgt 22980-23000

CMP 22895

Nifty spot intraday
Resistance 22980-23000
(Technical + Data wise )

Nifty 23000 call writers active

CMP 23950

Nifty spot 23020

*Put writing seen at nifty 23000 strike*

*MSCI India - Standard Index:*

*Inclusions* - Hyundai India
*Exclusions* - Adani Green Energy
*Weigh Increase:* Indusind Bank to see weight increase of $258 m

*Kopran:* Net profit at Rs. 10.3 cr vs Rs 15.4 cr, Revenue at Rs 166 cr vs Rs 158 cr (YoY) (Neutral)

*Ritco Logistics:* Net profit at Rs. 10.2 cr vs Rs 8.7 cr, Revenue at Rs 313 cr vs Rs 240 cr (YoY) (Neutral)

*Kirloskar oil:* Net profit at Rs. 71.3 cr vs Rs 89.8 cr, Revenue at Rs 1453.7 cr vs Rs 1391.3 cr (YoY) (Neutral)

*N.R. Agarwal:* Net profit at Rs. 12.7 cr vs Rs 31.4 cr, Revenue at Rs 420 cr vs Rs 330 cr (YoY) (Neutral)

*HEG:* Net profit at Rs. 83.4 cr vs Rs 43.7 cr, Revenue at Rs 478.4 cr vs Rs 562.4 cr (YoY) (Neutral)

*Gujarat Alkalis:* Net loss at Rs. 11.2 cr vs Rs 115.0 cr, Revenue at Rs 1029 cr vs Rs 920 cr (YoY) (Neutral)

*Berger Paints:* Net profit at Rs. 295 cr vs poll of Rs 289 cr, Revenue at Rs 2975 cr vs poll of Rs 2939 cr (Neutral)

*SAIL:* Net Profit Down 66.5% at ₹141.9 Cr Vs ₹422.9 Cr (YoY) Estimate Rs 38 cr loss. Revenue Up 4.9% at ₹24,489.9 Cr Vs ₹23,348.6 Cr (YoY) Estimate Rs 23348 cr (Neutral)

*Vodafone Idea:* Net loss at Rs 6607 Cr Vs poll Rs 6979 Cr, Revenue at Rs 11117 Cr Vs poll Rs 11254 Cr (Neutral)

*Mamata:* Net profit at Rs. 8.7 cr vs Rs 8.3 cr, Revenue at Rs 73 cr vs Rs 51 cr (YoY) (Neutral)

*HBL:* Net profit at Rs. 64 cr vs Rs 79 cr, Revenue at Rs 450 cr vs Rs 599 cr (YoY) (Neutral)

*Wimplast:* Net profit at Rs. 13.5 cr vs Rs 12.8 cr, Revenue at Rs 93 cr vs Rs 87 cr (YoY) (Neutral)

*Cosmo First:* Net profit at Rs. 29.6 cr vs Rs 11.4 cr, Revenue at Rs. 700 cr vs Rs 624 cr (YoY) (Neutral)

*MOIL:* Net profit at Rs. 63.7 cr vs Rs 54.1 cr, Revenue at Rs. 367 cr vs Rs 306 cr (YoY) (Neutral)

*Ahlucont:* Net profit at Rs. 49.4 cr vs Rs 70.6 cr, Revenue at Rs. 951 cr vs Rs 1026 cr (YoY). (Neutral)

*Maithan Alloys:* Net profit at Rs. 90 cr vs Rs 85 cr, Revenue at Rs. 531 cr vs Rs 448 cr (YoY). (Neutral)

*Waterbase:* Net loss at Rs. 3.9 cr vs Rs 4.2 cr, Revenue at Rs. 66 cr vs Rs 74 cr (YoY). (Neutral)

*Salzer:* Net Profit at Rs 15.5 Cr Vs Rs 13.5 Cr, Revenue at Rs 341 Cr Vs Rs 270 Cr (YoY) (Neutral)

*Medicamen:* Net Profit at Rs 3.8 Cr Vs Rs 3.3 Cr, Revenue at Rs 45 Cr Vs Rs 46 Cr (YoY) (Neutral)

*Zomato:* Company now allows users to customize the platform fee, ranging from Rs 10 to Rs 40. (Neutral)

*Vedanta:* Committee of directors approves raising up to Rs 3,000 crore via NCDs (Neutral)

*TVS Motor:* Company signs accord with Karnataka to invest Rs 2,000 cr in 5 yrs. (Neutral)

*Maruti*: The company has set April 1, 2025, as the appointed date for its merger with Suzuki Motor Gujarat (SMG). (Neutral)

*Bayer Crop:* Net Profit at Rs 34 Cr Vs Rs 93 Cr, Revenue at Rs 105 Cr Vs Rs 95 Cr (YoY) (Negative)

*TV Today:* Net Profit at Rs 8.7 Cr Vs Rs 29 Cr, Revenue at Rs 236 Cr Vs Rs 262 Cr (YoY) (Negative)

*Gopal:* Net Profit at Rs 5.3 Cr Vs Rs 17.9 Cr, Revenue at Rs 393 Cr Vs Rs 368 Cr (YoY) (Negative)

*IRCON:* Net Profit at Rs 140 Cr Vs Rs 185 Cr, Revenue at Rs 2570 Cr Vs Rs 2875 Cr (YoY) (Negative)

*Market pulse WhatsApp channel*

*🚨Market pulse WhatsApp channel– *Stocks in News*


*Astrazeneca:* Net profit at Rs. 31.0 cr vs Rs 15.8 cr, Revenue at Rs. 440 cr vs Rs 305 cr (YoY) (Positive)

*EID Parry:* Net profit at Rs. 415 cr vs Rs 216 cr, Revenue at Rs. 8720 cr vs Rs 7770 cr (YoY) (Positive)

*Techno Engineering:* Net profit at Rs 106 cr vs Rs 77.6 cr, Revenue at Rs. 676 cr vs Rs 365 cr (YoY) (Positive)

*Raj Rayons:* Net profit at Rs. 8.2 cr vs Rs 2.0 cr, Revenue at Rs. 230 cr vs Rs 195 cr (YoY) (Positive)

*SRM Contractors:* Net profit at Rs 21.3 cr vs Rs 5.2 cr, Revenue at Rs. 150 cr vs Rs 87 cr (YoY) (Positive)

*Jaypee Infra:* Net profit at Rs. 1365 cr vs Rs 92 cr (Exceptional profit Rs 514 cr), Revenue at Rs. 1317 cr vs Rs 218 cr (YoY) (Positive)

*Ramky Infra:* Net profit at Rs. 59.8 cr vs Rs 37.6 cr, Revenue at Rs. 459 cr vs Rs 440cr (YoY) (Positive)

*EIH:* Net profit at Rs. 278.0 cr vs Rs 230.0 cr, Revenue at Rs. 800 cr vs Rs 741 cr (YoY) (Positive)

*Shree Pushkar:* Net profit at Rs. 15.9 cr vs Rs 7.6 cr, Revenue at Rs. 217 cr vs Rs 175 cr (YoY) (Positive)

*Indo Amines:* Net profit at Rs. 11.3 cr vs Rs 9.8 cr, Revenue at Rs 259 cr vs Rs 194 cr (YoY) (Positive)

*TBZ:* Net profit at Rs. 29.9 cr vs Rs 21.8 cr, Revenue at Rs 927 cr vs Rs 740 cr (YoY) (Positive)

*RBZ Jewellers:* Net profit at Rs. 13 cr vs Rs 6.7 cr, Revenue at Rs 194 cr vs Rs 116 cr (YoY) (Positive)

*Alufloride:* Net profit at Rs. 6 cr vs Rs 3.7 cr, Revenue at Rs 47.5 cr vs Rs 37.3 cr (YoY) (Positive)

*Ceinsys Tech:* Net profit at Rs. 17.8 cr vs Rs 10.4 cr, Revenue at Rs 112 cr vs Rs 62.6 cr (YoY) (Positive)

*NBCC:* Net profit at Rs. 138 cr vs Rs 111 cr, Revenue at Rs 2827 cr vs Rs 2424 cr (YoY) (Positive)

*EPL:* Net profit at Rs. 94.0 cr vs Rs 86.0 cr, Revenue at Rs 1000 cr vs Rs 975 cr (YoY) (Positive)

*Ashapuri Gold:* Net profit at Rs. 4.2 cr vs Rs 2.0 cr, Revenue at Rs 101 cr vs Rs 50 cr (YoY) (Positive)

*Kolte Patil:* Net profit at Rs. 25 cr vs loss Rs 63 cr, Revenue at Rs 349.7 cr vs Rs 75.8 cr (YoY) (Positive)

*GIC Housing:* Net profit at Rs. 49.7 cr vs Rs 35.7 cr, Revenue at Rs 265 cr vs Rs 258 cr (YoY) (Positive)

*Taal Enterprises:* Net profit at Rs. 11.4 cr vs Rs 7.7 cr, Revenue at Rs 1225 cr vs Rs 1118 cr (YoY) (Positive)

*Bajaj Health:* Net profit at Rs. 14.9 cr vs Rs 5.5 cr, Revenue at Rs 123 cr vs Rs 108 cr (YoY) (Positive)

*HG Infra:* Jointly with DEC Infrastructure bags letter of acceptance from Rail Land Development Authority (RLDA), New Delhi for EPC project worth ₹2,195.68 crore (Positive)

*BHEL:* Company gets LoI for a project worth ₹6,200 crore from Damodar Valley Corporation (Positive)

*BEML:* Company enters into strategic partnership with STX Engine Forge for advanced defence & marine engine solutions (Positive)

*Cyient DLM:* Company announced a production contract with Boeing Global Services (BGS) for precision-machined parts and assemblies. (Positive)

*Coromandel:* Government of Andhra Pradesh Extends Subsidies for Rs 15.39 Billion Investment, Andhra Pradesh Extends 45% Incentive on Fixed Capital Investment (Positive)

*Ramco Systems:* Payroll solution provider said Papua New Guinea’s national carrier, Air Niugini, has chosen its Payce platform to modernise its payroll operations (Positive)

*Bharat Electronics:* Safran and Company Forge a Partnership in the Defense Sector, Safran - Signing of a Partnership to Create A Joint Venture (Positive)

*Happy Forgings:* Company Signs MOU for Long-term Supply of Heavy, Forged and Precision Machined Industrial Components (Positive)

*Jupiter Wagons:* Company gets LoA for order value of Rs 600 cr (Positive)

*IRCTC:* Net profit at Rs. 341 cr vs poll of Rs 352 cr, Revenue at Rs 1225 cr vs poll of Rs 1209 cr (Neutral)

*Birla Soft:* Net profit at Rs. 117 cr vs poll of Rs 121 cr, Revenue at Rs 1363 cr vs poll of Rs 1381 cr (Neutral)

Here are the key highlights from Vodafone Idea Limited's financial results for the quarter and nine months ended December 31, 2024:

Financial Performance:
Revenue: ₹111.2 billion in Q3FY25, a 1.7% QoQ growth.
Cash EBITDA (pre-Ind AS 116): ₹24.5 billion, highest since merger, growing 5.4% QoQ.
Net Loss: ₹66.1 billion in Q3FY25, an improvement from ₹71.8 billion in Q2FY25.
ARPU (ex-M2M): Increased to ₹173, up 4.7% QoQ.
Debt Position: Bank debt reduced to ₹23.3 billion (was ₹76.2 billion in Q3FY24).
Equity Infusion: Raised ₹260 billion over the past 10 months, including:
₹180 billion from a Further Public Offer (FPO).
₹40 billion from Promoter Infusion.
₹40 billion from vendor equity issuance/conversion.
Capex Spend: ₹53.3 billion for the nine months; FY25 target ~₹100 billion.

Operational Highlights:
Subscriber Base: Total 199.8 million, 4G base at 126 million.
4G Expansion: Coverage increased to 1.07 billion people, targeting 1.1 billion by March 2025.
5G Launch: Scheduled for March 2025 in Mumbai, followed by Delhi, Bangalore, Chandigarh, and Patna in April 2025.
Network Enhancement: Added ~4,000 broadband towers, expanded 4G on sub-GHz 900 band across 15,000 sites.

Regulatory & Government Support:
Bank Guarantee Waiver: DoT removed the requirement for BGs for spectrum acquired before 2021, saving ~₹247.5 billion in guarantees.
Debt Conversion Possibility: The company expects AGR and spectrum dues post-moratorium to be converted into equity, reducing cash burden.

Challenges & Future Outlook:
High Debt Levels: Spectrum & AGR payments due till FY2044 remain significant.
Vendor Payables: Some vendors have requested payments, ongoing negotiations.
Profitability Struggles: Still operating at a net loss, but losses have narrowed.

Overall, Vodafone Idea is showing operational improvements with revenue growth, higher ARPU, and network expansion, but financial challenges remain due to high debt and sustained losses. The 5G rollout, continued government support, and further capital infusion will be critical for its turnaround.

CELLO WORLD Q3 :CONS NET PROFIT UP 2 % AT 86.3 CR (YOY),UP 6 % (QOQ)

REVENUE UP 6 % AT 556 CR  (YOY) ,UP 14 % (QOQ)

EBITDA DOWN 4 % AT 127 CR (YOY),UP 7 %(QOQ)

MARGINS AT 22.86 % V 25.05% (YOY), 24.2 % (QOQ)

Nifty spot

*Reversal level from long to short at 23570*

CMP 23610

(No grt support at 23600)

Nifty 23600 put sheding OI continues

*Nifty spot break below 23560-23570 is bad sign*

CMP 23545-23550

*Credit policy out*

0.25% rate cut

Nifty spot CMP 23601

*Fight between call & put writers 23600 strike*

Zee business traders dairy

CNBC awaz 20-20

*🚨Market pulse WhatsApp channel*
*Stocks in News*


*TD Power:* Net profit at Rs. 44.9 cr vs Rs 30.0 cr, Revenue at Rs. 350 cr vs Rs 240 cr (YoY) (Positive)

*GMM Pfaudler:* Net Profit at Rs. 41.5 cr vs Rs 28.9 cr, Revenue at Rs. 1260 cr vs Rs 856 cr (YoY) (Positive)

*Enviro Infra:* Net Profit at Rs. 36.7 cr vs Rs 17.4 cr, Revenue at Rs. 247 cr vs Rs 149 cr (YoY) (Positive)

*ZF Commercial:* Net profit at Rs. 125 cr vs Rs 101 cr, Revenue at Rs. 962 cr vs Rs 898 cr (YoY) (Positive)

*PGEL:* Net profit at Rs. 40.1 cr vs Rs 19.2 cr, Revenue at Rs. 968 cr vs Rs 532 cr (YoY) (Positive)

*Websol:* Net profit at Rs. 48.1 cr vs loss Rs 107.0 cr, Revenue at Rs. 147 cr vs Rs 0.5 cr (YoY) (Positive)

*Goodluck:* Net profit at Rs. 41.2 cr vs Rs 31.7 cr, Revenue at Rs. 933 cr vs Rs 869 cr (YoY) (Positive)

*Hero Motocorp:* Net profit at Rs 1202.8 crore versus poll of Rs 1110.0 crore, Revenue at Rs 10211.0 crore versus poll of Rs 10135.0 crore (Positive)

*Bharti Airtel:* Net Profit at Rs. 14,781 cr vs poll of Rs 5270.4 cr, Revenue at Rs. 45,129 cr vs poll of Rs 43,300 cr (Positive)

*Britannia:* Net profit at Rs 582.0 crore versus poll of Rs 534.0 crore, Revenue at Rs 4592.0 crore versus poll of Rs 4502.0 crore (Positive)

*Aadhar Housing:* Net profit at Rs. 240 cr vs Rs 200 cr, Revenue at Rs. 798 cr vs Rs 673 cr (YoY) (Positive)

*Paramount:* Net profit at Rs. 22.6 cr vs Rs 22.0 cr, Revenue at Rs. 392 cr vs Rs 280 cr (YoY) (Positive)

*BSE:* Net profit at Rs 218.6 crore versus poll of Rs 355.0 crore, Revenue at Rs 773.0 crore versus poll of Rs 736.0 crore (Positive)

*Manoj Vaibahv Gems:* Net Profit at Rs. 25.2 cr vs Rs 18.9 cr, Revenue at Rs. 498 cr vs Rs 475 cr (YoY) (Positive)

*Ramco Cements:* Net Profit at Rs. 182 cr vs Rs 26 cr, Revenue at Rs. 1983 cr vs Rs 2044 cr (QoQ) (Positive)

*Sobha:* Net Profit at Rs. 22 cr vs Rs 15 cr, Revenue at Rs. 1224 cr vs Rs 685 cr (YoY) (Positive)

*Bharti Hexacom:* Net Profit at Rs. 261 cr vs Rs 253.1 cr, Revenue at Rs. 2250.7 cr vs Rs 2097.6 cr (QoQ) (Positive)

*Gulfoil:* Net Profit at Rs. 98.2 cr vs Rs 80.7 cr, Revenue at Rs. 905 cr vs Rs 817 cr (YoY) (Positive)

*Rupa:* Net Profit at Rs. 23.9 cr vs Rs 20.8 cr, Revenue at Rs. 316 cr vs Rs 317 cr (YoY) (Positive)

*Dr Reddys Laboratories:* Company enters a license agreement with Henlius to commercialize the biosimilar Daratumumab in the US and Europe. Dr Reddy’s Swiss, a subsidiary, will pay up to $ 131.6 Million (Positive)

*Petronet Lng:* Company and Deepak Phenolics Limited have signed definitive agreements for the sale and purchase of propylene and hydrogen. (Positive)

*Coastal Corporation:* Company announced a Share Split One equity share with a face value of Rs. 10 will be split into 5 shares with a face value of Rs. 2 each. (Positive)

*Hg Infra Engineering:* Company Declared L1 Bidder for Project of Bid Project Cost Rs 21.96 Billion (Positive)

*Hero Motocorp:* Company announced Dividend of Rs 100 / share, record date 10th February. (Positive)

*Deepak NTR:* Executed agreements for supply of Propylene and Hydrogen. (Positive)

*NCC:* Net Profit at Rs. 193 cr vs Rs 221 cr, Revenue at Rs. 5345 cr vs Rs 5260 cr (YoY) (Neutral)

*Sonata Software:* Net Profit at Rs. 105 cr vs Rs 106 cr, Revenue at Rs. 2843 cr vs Rs 2170 cr (YoY) (Neutral)

*Apollo Tyres:* Net Profit at Rs. 337 cr vs Rs 497 cr, Revenue at Rs. 6928 cr vs Rs 6595 cr (YoY) (Neutral)

*Motherson Wiring:* Net Profit at Rs. 140 cr vs Rs 168 cr, Revenue at Rs. 2300 cr vs Rs 2115 cr (YoY) (Neutral)

*PI Industries:* Net Profit at Rs. 373 cr vs Rs 508 cr, Revenue at Rs. 1901 cr vs Rs 2221 cr (YoY) (Neutral)

*NOCIL:* Net Profit at Rs. 13 cr vs Rs 30 cr, Revenue at Rs. 318 cr vs Rs 341 cr (YoY) (Neutral)

*ITC:* Net profit at Rs 5638.0 crore versus poll of Rs 5135.0 crore, Revenue at Rs 17052.0 crore versus poll of Rs 18050.0 crore (Neutral)

*Greenply:* Net profit at Rs. 24.4 cr vs Rs 27.4 cr, Revenue at Rs. 462 cr vs Rs 442 cr (YoY) (Neutral)

*KRBL:* Net profit at Rs.132.6 cr vs Rs 133.8 cr, Revenue at Rs 1682 crvs Rs 1438 cr (YoY) (Neutral)

*Bikaji Foods:* Net profit at Rs.31 cr vs Rs 49 cr, Revenue at Rs 676 cr vs Rs 613 cr (YoY) (Neutral)

*CMS Infosystem:* Net profit at Rs. 93.2 cr vs Rs 87 cr, Revenue at Rs. 581 cr vs Rs 582 cr (YoY). (Neutral)

*JK Cement:* Net profit at Rs. 60.5 cr vs Rs 150.2 cr, Revenue at Rs. 1496 cr vs Rs 1703 cr (YoY). (Neutral)

*Carraro:* Net profit at Rs. 14 cr vs Rs 19 cr, Revenue at Rs. 444 cr vs Rs 430 cr (YoY). (Neutral)

*GRAUER & WEIL:* Net profit at Rs. 43.1 cr vs Rs 42.8 cr, Revenue at Rs. 275 cr vs Rs 285 cr (YoY). (Neutral)

*Cochin Ship:* Net profit at Rs. 177 cr vs Rs 244 cr, Revenue at Rs. 1194 cr vs Rs 1114 cr (YoY). (Neutral)

*Auro Pharma:* Net profit at Rs 846 crore versus poll of Rs 906.0 crore, Revenue at Rs 7979.0 crore versus poll of Rs 7782.0 crore (Neutral)

*Dhanlaxmi Cotex Ltd:* Company announced the resignation of Mrs. Niyati Ketan Shah as a Director, effective February 10, 2025. (Neutral)

*Zomato:* Company Board approves change in name of the company from Zomato to Eternal. (Neutral)

*Max India:* Company Approves Infusion Of Up to Rs 2.19 Billion in Wholly Owned Subsidiaries. (Neutral)

*Indus Towers:* Company acquires 16,100 telecom towers from Bharti Airtel. (Neutral)

*Andhra Paper:* Net profit at Rs. 11.6 cr vs Rs 82.5 cr, Revenue at Rs. 386 cr vs Rs 476 cr (YoY). (Negative)

*Market pulse WhatsApp channel*

*Global Equities’ Update*

Asian markets opened with mixed note amid the wait and watch numbers ahead of key job data from world’s largest economy. U.S. equity index futures are trading with mixed note, the market focus remain on the losses in Amazon after the internet giant presented a weak revenue outlook for the current quarter.

*Dow Future (US):* 44764, +16.0 points/+0.04%

*Nasdaq Future (US):* 21793, +19.0 points/ +0.08%

*DAX Future (Germany):* 21988, -23.0 points/ -0.10%

*FTSE Future (UK):* 8685, -27.0 points/ -0.31%

*Hang Seng Future (Hong Kong):* 21004, +67.0 points/ +0.30%

*Taiex Future (Taiwan):* 23312, +17.0 points/ +0.07%

*KOSPI (South Korea):* 2533, -4.0 points/ -0.16%

*Nikkei Index (Japan):* 39950, -105.0 points/ -0.27%

*Gift Nifty: (India)* 23703, +14.0 points/ +0.06% (Adjusted)

*Q3FY25 Earning Calendar - 07.02.2025*

*3MINDIA*, *ACE*, ACI, *AIAENG*, AKZOINDIA, ALEMBICLTD, *ALKEM*, ASTRAMICRO, BALRAMCHIN, BALUFORGE, BOROLTD, CAPLIPOINT, CENTURYPLY, CHEMPLASTS, CHOLAHLDNG, DELHIVERY, DLINKINDIA, DREAMFOLKS, DREDGECORP, DYNAMATECH, EDELWEISS, EXCELINDUS, *FORTIS*, FSL, GOKEX, GOLDIAM, GRWRHITECH, GSPL, HAPPYFORGE, HNDFDS, *HONAUT*, INOXINDIA, JLHL, KOVAI, LATENTVIEW,*LICI*, *LINDEINDIA*, *M&M*, MAXESTATES, *MAZDOCK*, MONARCH, NAVA, *NHPC*, NRBBEARING, *OIL*, PSPPROJECT, ROLEXRINGS, SCI, SUNTV, SMLISUZU, VENKEYS, VSTIND, *WABAG*, WOCKPHARMA, ZAGGLE

*AIAENG* YoY
* Revenue expected at Rs 1128 crore versus Rs 1169 crore
* EBITDA expected to be seen at Rs 298 crore versus Rs 311 crore
* EBITDA margin expected to be seen at 26.41% versus 26.60%
* Net profit expected to be seen at Rs 272 crore versus Rs 279 crore

*ALKEM* YoY
* Revenue expected at Rs 3525 crore versus Rs 3323 crore
* EBITDA expected to be seen at Rs 726 crore versus Rs 707 crore
* EBITDA margin expected to be seen at 20.60% versus 21.29%
* Net profit expected to be seen at Rs 640 crore versus Rs 595 crore

*FORTIS* YoY
* Revenue expected at Rs 1867 crore versus Rs 1679 crore
* EBITDA expected to be seen at Rs 359 crore versus Rs 284 crore
* EBITDA margin expected to be seen at 19.23% versus 16.91%
* Net profit expected to be seen at Rs 172 crore versus Rs 127 crore

*HONAUT* YoY
* Revenue expected at Rs 1128 crore versus Rs 1071 crore
* EBITDA expected to be seen at Rs 170 crore versus Rs 160 crore
* EBITDA margin expected to be seen at 15.07% versus 15.00%
* Net profit expected to be seen at Rs 142 crore versus Rs 127 crore

*LICI* QoQ
* APE expected at Rs 12612 crore versus Rs 16465 crore
* EBIT expected to be seen at Rs 9847 crore versus Rs 8084 crore
* EBIT margin expected to be seen at 7.65% versus 3.50%
* Net profit expected to be seen at Rs 9839 crore versus Rs 7728 crore

*LINDEINDIA* YoY
* Revenue expected at Rs 803 crore versus Rs 706 crore
* EBITDA expected to be seen at Rs 217 crore versus Rs 186 crore
* EBITDA margin expected to be seen at 27.02% versus 26.36%
* Net profit expected to be seen at Rs 125 crore versus Rs 120 crore

*M&M* YoY
* Revenue expected at Rs 31324 crore versus Rs 25288 crore
* EBITDA expected to be seen at Rs 4557 crore versus Rs 3590 crore
* EBITDA margin expected to be seen at 14.55% versus 14.20%
* Net profit expected to be seen at Rs 3199 crore versus Rs 2454 crore

*MAZDOCK* YoY
* Revenue expected at Rs 3034 crore versus Rs 2362 crore
* EBITDA expected to be seen at Rs 577 crore versus Rs 539 crore
* EBITDA margin expected to be seen at 19.02% versus 22.82%
* Net profit expected to be seen at Rs 642 crore versus Rs 626 crore

*NHPC* YoY
* Revenue expected at Rs 2101 crore versus Rs 2055 crore
* EBITDA expected to be seen at Rs 884 crore versus Rs 720 crore
* EBITDA margin expected to be seen at 42.07% versus 35.07%
* Net profit expected to be seen at Rs 625 crore versus Rs 491 crore

*OIL* YoY
* Revenue expected at Rs 5226 crore versus Rs 9614 crore
* EBITDA expected to be seen at Rs 2051 crore versus Rs 3443 crore
* EBITDA margin expected to be seen at 39.25% versus 35.81%
* Net profit expected to be seen at Rs 1486 crore versus Rs 2345 crore


*Q3FY25 EARNING CALENDAR 08.02.2025*

ADVENZYMES, AFFLE, *ARE&M*, ATULAUTO, BANCOINDIA, CONFIPET, FIRSTCRY, GODAVARIB, *HINDCOPPER*, IPL, JYOTICNC, MOL, *PARAS*, PARKHOTELS, PRAKASH, SARDAEN, SHAILY, STYLAMIND, SURAKSHA, TINNARUBR, XPROINDIA

*ARE&M* YoY
* Revenue expected at Rs 3152 crore versus Rs 2881 crore
* EBITDA expected to be seen at Rs 452 crore versus Rs 409 crore
* EBITDA margin expected to be seen at 14.34% versus 14.23%
* Net profit expected to be seen at Rs 252 crore versus Rs 239 crore


*Q3FY25 EARNING CALENDAR 09.02.2025*

KKCL, RAINBOW


*Q3FY25 EARNING CALENDAR 10.02.2025*

ALICON, *APOLLOHOSP*, ASHOKA, AVANTIFEED, BALMLAWRIE, *BATAINDIA*, BLSE, CANTABIL, CRISIL, DDEVPLSTIK, DIACABS, *EICHERMOT*, EIHAHOTELS, ELGIEQUIP, EMIL, ESABINDIA, ESAFSFB, *ESCORTS*, EUREKAFORB, FORCEMOT, GALAXYSURF, GARFIBRES, GENUSPOWER, *GILLETTE*, *GRASIM*, GSFC, HBLENGINE, HLEGLAS, HONDAPOWER, ICRA, INDIGOPNTS, INSECTICID, ISGEC, KIRLOSIND, LUMAXIND, MSTCLTD, MTARTECH, *NATIONALUM*, NEULANDLAB, NFL, *NYKAA*, ORISSAMINE, *PATANJALI*, PFOCUS, PNCINFRA, POWERMECH, RAMCOIND, RESPONIND, SANATHAN, SANSERA, SAREGAMA, SHILPAMED, SIGNATURE, SPAL, SPARC, SURAJEST, SYSTMTXC, TRANSRAILL, TVSSCS, UNIVCABLES, VARROC, *VBL*, VINDHYATEL, VSTTILLERS

*APOLLOHOSP* YoY
* Revenue expected at Rs 5521 crore versus Rs 4850 crore
* EBITDA expected to be seen at Rs 772 crore versus Rs 613 crore
* EBITDA margin expected to be seen at 13.98% versus 12.65%
* Net profit expected to be seen at Rs 354 crore versus Rs 245 crore

*BATAINDIA* YoY
* Revenue expected at Rs 955 crore versus Rs 903 crore
* EBITDA expected to be seen at Rs 202 crore versus Rs 182 crore
* EBITDA margin expected to be seen at 21.15% versus 20.19%
* Net profit expected to be seen at Rs 69 crore versus Rs 57 crore

*EICHERMOT* YoY
* Revenue expected at Rs 5069 crore versus Rs 4178 crore
* EBITDA expected to be seen at Rs 1315 crore versus Rs 1090 crore
* EBITDA margin expected to be seen at 25.94% versus 26.09%
* Net profit expected to be seen at Rs 1207 crore versus Rs 996 crore

*ESCORTS* YoY
* Revenue expected at Rs 2933 crore versus Rs 2341 crore
* EBITDA expected to be seen at Rs 344 crore versus Rs 314 crore
* EBITDA margin expected to be seen at 11.73% versus 13.43%
* Net profit expected to be seen at Rs 286 crore versus Rs 284 crore

*GILLETTE* YoY
* Revenue expected at Rs 695 crore versus Rs 680 crore
* EBITDA expected to be seen at Rs 167 crore versus Rs 160 crore
* EBITDA margin expected to be seen at 24.02% versus 23.55%
* Net profit expected to be seen at Rs 112 crore versus Rs 99 crore

*GRASIM* YoY
* Revenue expected at Rs 8017 crore versus Rs 6400 crore
* EBITDA expected to be seen at Rs 403 crore versus Rs 522 crore
* EBITDA margin expected to be seen at 5.02% versus 8.16%
* Net profit expected to be seen at Rs -51 crore versus Rs 236 crore

*NATIONALUM* QoQ
* Revenue expected at Rs 4565 crore versus Rs 4001 crore
* EBITDA expected to be seen at Rs 1989 crore versus Rs 1549 crore
* EBITDA margin expected to be seen at 43.57% versus 38.71%
* Net profit expected to be seen at Rs 1387 crore versus Rs 1046 crore

*NYKAA* YoY
* Revenue expected at Rs 2273 crore versus Rs 1788 crore
* EBITDA expected to be seen at Rs 139 crore versus Rs 98 crore
* EBITDA margin expected to be seen at 6.12% versus 5.52%
* Net profit expected to be seen at Rs 35 crore versus Rs 16 crore

*PATANJALI* YoY
* Revenue expected at Rs 8995 crore versus Rs 7910 crore
* EBITDA expected to be seen at Rs 463 crore versus Rs 344 crore
* EBITDA margin expected to be seen at 5.15% versus 4.34%
* Net profit expected to be seen at Rs 326 crore versus Rs 216 crore

*VBL* YoY
* Revenue expected at Rs 3586 crore versus Rs 2731 crore
* EBITDA expected to be seen at Rs 576 crore versus Rs 418 crore
* EBITDA margin expected to be seen at 16.06% versus 15.32%
* Net profit expected to be seen at Rs 206 crore versus Rs 132 crore
*Market pulse WhatsApp channel*

Nifty spot *high 23338*
(Near 1st tgt)

*(Long @ 23310-23300)*

Trailing sl 23305 from 23300

*Nifty spot new highs 23330++*

(Long @23300-310)

Trailing stoploss 23300

Intraday

Buy nifty spot 23300-23310

Sl 23270

Tgt 23340/23380

CMP 23310

*Nifty spot*

As per data

Resistance 23300-23310

CMP 23280

Technical learning post

No volumes today in mkt...

Banknifty spot intraday data

Nifty spot intraday data

*Nifty spot technical levels CMP 23580*

*Support* 23450-23500/23350/23250/23180/23950-23000

*Resistance* 23620-630/23720/24000

Banknifty data

Nifty data

Nifty data

MACQUARIE ON INDUSIND BANK

Maintain Outperform, target price 1,210

MFI issues may persist for one more quarter

Can sustain 1.3-1.4% ROA when MFI situation improves

Stock remains cheap for a reason

Key risk is RBI not extending the CEO's tenure

CITI ON INDUSIND BANK

Maintain Buy, target price ₹1,378

NIMs contract and growth moderates

MFI and corporates drive slippages

Estimate NIMs to be 4.1-4.2%

Portfolio expected to be more NIM resilient in a rate cut environment

Stocks to watch for today

*Market pulse WhatsApp channel : Fund Houses Recommendations*

Citi on *Reliance Ind:* Upgrade to Outperform on Company, target price at Rs 1530/Sh (Positive)

Jefferies on *M&M:* Maintain Buy on Company, target price at Rs 3700/Sh (Positive)

HSBC on *M&M:* Maintain Buy on Company, target price at Rs 3390/Sh (Positive)

MS on *Oberoi Real:* Maintain Equal weight on Company, target price at Rs 2060/Sh (Positive)

Bernstein on *NTPC:* Maintain Outperform on Company, target price at Rs 440/Sh (Positive)

Antique on *India Strategy:* Believes recent market correction good opportunity to accumulate stocks. (Positive)

Emkay on *India Strategy:* Cuts Nifty target by 4% to 25,000 from 26,000. (Neutral)

Jefferies on *Maruti:* Maintain Hold on Company, target price at Rs 10900/Sh (Neutral)

GS on *Astral:* Maintain Hold on Company, cut target price at Rs 2170/Sh (Neutral)

HSBC on *Escorts:* Maintain Neutral on Company, target price at Rs 3180/Sh (Neutral)

MS on *SBI Cards:* Maintain Equal weight on Company, target price at Rs 650/Sh (Neutral)

*🇮🇳India Daybook – Stocks in News*


*Kaynes Technology:* Rating Upgraded to ICRA A- (Positive) from ICRA BBB+ (Stable). (Positive)

*Bharti Airtel:* S&P Global Ratings reaffirmed Bharti Airtel's BBB- rating and revised its outlook to positive from stable (Positive)

*Central Bank of India:* RBI approved Central Bank of India's entry into the insurance business via a joint venture with Generali. (Positive)

*Prakash Industries:* Company gets mining lease of Bhaskarpara commercial coal mine from Chhattisgarh Govt. (Positive)

*RITES:* Company secures revised order for Railway Electrification work from Northeast Frontier Railway worth Rs 531.77 Cr (Positive)

*Mahindra Lifespace:* Company’s subsidiary and Sumitomo Corp. agreed to invest Rs 225 crore to expand an industrial park in Tamil Nadu. (Positive)

*Paras Defence:* Company inaugurates advanced optical systems testing facility in Navi Mumbai (Positive)

*Cochin Shipyard:* Company signed an MOU with Seatrium Letourneau USA for jack-up rig designs for the Indian market, leveraging CSL's shipbuilding expertise and SLET's design capabilities. (Positive)

*Oberoi Real/Godrej Prop/ Macrotech:* Mumbai sees 11.5% year-on-year growth in luxury home rates during September quarter. (Positive)

*VST Industries:* Company sold a 2.7-acre property in Hyderabad for Rs 101.7 Cr. (Positive)

*PVR INOX:* Company expects to surpass 150 million footfalls in 2024. (Positive)

*RVNL:* Company gets LoA for a project worth Rs 837 cr from Eastern Railway. (Positive)

*Urban Enviro:* Company secured two new work orders from Borsad Municipality, Gujarat totaling Rs 168 million. (Positive)

*Zaggle Prepaid:* Company has entered into an agreement with Golden Jasraj Music Platforms Pvt. Ltd. (Positive)

*Escorts:* Arm Escorts Kubota Finance intends to commence its non-banking financial institution business activities (Positive)

*Zomato:* BSE to drop JSW Steel from Sensex, adds Zomato from Dec 23 (Positive)

*Aurobindo Pharma:* Subsidiary, signed a collaboration & license agreement with a global pharma major for respiratory products. USD 25 mn upfront payment received (Positive)

*Waaree Tech:* Received purchase order for 530 solar kits. (Positive)

*HG Infra:* Received letter of award for 500 MW battery storage project. (Positive)

*IGL:* Company hikes CNG price by Rs 1.5-4/kg in areas other than Delhi (Positive)

*Hero MotoCorp:* Company and US partner in advanced stage of developing mid-sized electric bike. (Positive)

*LTIMindtree:* Company incorporates JV entity ‘LTIM Aramco Digital Solutions for Information Technology’ in Saudi Arabia (Positive)

*CESC:* Eminent to acquire 100% stake in Chandigarh power distributor for ₹871 crore. (Neutral)

*Afcons:* Lower other expenses and tax reversals increase PAT (Neutral)

*Thirumalai Chemicals:* Company secured Rs 200 Cr term loan from Federal Bank to further invest in TCL Specialties LLC. (Neutral)

*Ipca Laboratories:* Company announces a revised record date of November 27, 2024, for interim dividend entitlement for FY24-25. (Neutral)

*Jyoti Structures:* Company to raise up to Rs 500 crore via rights issue. (Neutral)

*MTNL:* Company could not fund ESCROW account with adequate amount due to insufficient funds. (Neutral)

*BSE:* Company introduction of futures & options contracts on 43 individual securities (Neutral)

*Karnika Industries:* Company to setup new plant at Gurgaon for production of denims. (Neutral)

*LG Balakrishnan:* Investing Rs. 50 Crores for capacity expansion in Chennai. (Neutral)

*Protean Egov:* NSE investments to exercise oversubscription option in protean Egov technologies OFS (Neutral)

*UPL:* Long-term bank facility rating downgraded from CARE AA+ to AA; outlook revised from Negative to Stable. (Neutral)

*GPIL:* Company acquired 21.46% equity stake in Jammu Pigments Ltd for Rs 69.54 Cr and subscribed Rs 175 Cr in CCPS, aiming for 51% stake post conversion. (Neutral)

*ICICI Lombard:* Company acquired a 0.19% stake in HDFC Life Insurance (Neutral)

*Vedanta:* NCLT approves meetings of shareholders and creditors (Neutral)

*Alembic Pharma:* US FDA has issued form 483 with 5 observations for Jarod facility (Neutral)

*Adani Group stocks:* Petitioner in Hindenburg Case files fresh plea in SC, urges that ‘malpractices are of serious nature’, ‘should be investigated’ by Indian Agencies. US International Development Finance Corp. is conducting due diligence on a $500M loan for an Adani-backed Sri Lanka port (Neutral)

*Retro Green:* MD, Mr. Arunkumar Prajapati, resigned effective Dec 1, 2024. (Negative)

*ABFRL:* Company received Rs 246.49 Cr GST demand order from Chandigarh authorities. (Negative)🌹

*Asian Equities Opening Update*

Asian stocks opened in the green zone amid the supportive cues with western markets as U.S. markets reached a record high on back of optimism about allotment of treasury portfolio to prominent investor Scott Bessent.


*Dow Future (US):* 44527, +230.0 points/ +0.52%

*Nasdaq Future (US):* 20884, +109.0 points/ +0.52%

*FTSE Future (UK):* 8318, +29.0 points/ +0.36%

*DAX Future (Germany):* 19492, +134.0 points/ +0.69%

*Taiex Future (Taiwan):* 23217, +185.0 points/ +0.61%

*Kospi (South Korea):* 2534, +34.0 points/ +1.30%

*Hang Seng Future (Hong Kong):* 19305, +93.0 points/ +0.48%

*Nikkei Index (Japan):* 39325, +102.0 points/ +0.27%

*Gift Nifty: (India)* 24314, +427.0 points/ +1.79% (Adjusted)

*Economic Calendar – 25.11.2024*

14.30 EURO German ifo Business Climate (Expected: 86.1 versus Previous: 86.5)

*Q2FY25 EARNING CALENDAR 25.11.2024*

*ACMESOLAR*


*Q2FY25 EARNING CALENDAR 26.11.2024*

*SIEMENS*
* Revenue expected at Rs 6454 crore versus Rs 5807 crore
* EBITDA expected to be seen at Rs 919 crore versus Rs 700 crore
* EBITDA margin expected to be seen at 14.24% versus 12.06%
* Net profit expected to be seen at Rs 717 crore versus Rs 571 crore

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Major port cargo contracts by 3.2% to 68.22 mmt in October, shows data
📝 Bank of India plans to raise Rs 5,000 crore via 10-year infra bonds
📝 Urban demand needs an upward spiral: ITC Executive Director Bhargavan
📝 FMCG distributors write to Finance Ministry on quick-commerce practices
📝 India-dedicated fund outflows hit largest since June 2022: Elara Capital
📝 Govt should add coking coal to critical minerals list: Niti report
📝 NGEL to invest Rs 2 trillion in Andhra for renewable energy projects
📝 SBI launches low-cost tailored vehicle loan for Uber's fleet partners
📝 Raymond receives NOC from exchanges for demerger of its realty business
📝 Flipkart's Binny Bansal steps down from fintech major PhonePe board
📝 Govt extends deadline for electric construction equipment safety compliance
📝 Advent agrees to sell Manjushree Technopack to PAG for nearly $1 billion
📝 After Mercedes, BMW India announces price hike of up to 3% from January

*Economic Times*

📝 India's 26 major listed realty firms sell Rs 35,000 crore worth properties in Q2; Godrej Properties at top
📝 India Inc’s interest cover weakens in Q2 amid slowing revenue, profit growth
📝 FSIB recommends Binod Kumar for post of Indian Bank MD & CEO
📝 CCI rejects Apple request to put antitrust report on hold
📝 Central Bank of India gets RBI nod to enter insurance biz through JV with Generali group
📝 AkzoNobel India approves selling company's immovable properties
📝 Sony bags Asian Cricket Council media rights till 2031
📝 Centre readies Technology Collaboration Portal to bridge chemical makers and research institutions
📝 Trai asks telcos to publish coverage maps on websites
📝 German GDP downgraded in new blow for struggling economy
📝 Hyundai recalls over 145,000 electrified US vehicles on loss of drive power
📝 Centre releases 15th Finance Commission grant for rural local bodies in Karnataka

*Mint*

📝 India's food processing industry spurs FMCG fresher jobs hiring; rising to 32% in H2FY24
📝 Finance COP fails to offer adequate finance to developing countries for climate
📝 India announces $5 billion incentive to boost electronics manufacturing
📝 Demand from Europe fuels recovery in Indian textile exports
📝 IIFCL seeks infra tag for space sector; keen to finance satellite vehicles manufacturing: MD
📝 Auto Sector Q2 Review: OEMs struggle, 2W demand supports ancillaries
📝 Mumbai, Delhi lead surge in demand for luxury residential properties in APAC
📝 Services sector boosts business activity as manufacturing growth slows in Nov
📝 India at CoP-29: Push for climate finance and strengthen domestic sources
📝 Zepto raises another $350 million in third fundraise in six months
📝 Bulk drug makers to benefit from price stability but need to improve efficiency

Stock in news

Zee business traders dairy

CNBC awaz 20-20

*🇮🇳India Daybook – Stocks in News*


*Tata Power:* Company partners with Asian Development Bank for $ 4.25 Billion Clean Energy Projects. (Positive)

*AVP Infracon Ltd:* Company secured a Rs 33.19 Cr sub-contract from CDR & Co Constructions for an NHAI project in Tamil Nadu. (Positive)

*Innovators Systems:* Receipt of LOI for Work Order for Facade Design, Fabrication and Installation, Order Size Rs 110 Crores (Positive)

*Jyoti Limited:* Receipt of Purchase Order Total orders amounting to Rs.12.8 cr from Megha Engineering & Infrastructures Limited, Hyderabad. (Positive)

*Crompton Greaves Consumer:* Company launched the Regera 6L water heater (Positive)

*Kotyark Industries:* Company has been allocated tender for supply of 48,381 kl biodiesel to omcs worth Rs 5.64 billion. (Positive)

*Royal Sense:* Company launched 6 new pharmaceutical products on Nov 21, 2024 (Positive)

*Popular Vehicles:* Company opened a new Bharat Benz 3S facility in Chhatrapati Sambhaji Nagar, Maharashtra. (Positive)

*Afcons Infrastructure:* Company has received Letter of acceptance from Uttarakhand Project Development and Construction Corporation Ltd for Civil Works worth of Rs 1274 crore (Positive)

*SJVN:* Company signs MoU with Rajasthan Govt’s Energy Department for development of renewable energy in the state. (Positive)

*Medicamen Organics:* Company secures 6.28 cr order for Povidone Iodine Solution. (Positive)

*Raymond:* The stock exchanges BSE and NSE have given the green light to the proposed demerger of Raymond Limited and Raymond Realty Limited. (Positive)

*Insurance stocks:* GST Council meeting in December likely to discuss rate cut on insurance premiums, ET sources. (Positive)

*Ashok Leyland:* Company sets up a light commercial vehicle dealership in West Bengal. (Positive)

*LTI Mindtree:* LIC increased its shareholding from 5.033% to 7.034% (Neutral)

*Bank of India:* Smt. Jamuna Ravi elected as Bank of India director. (Neutral)

*DP Abhushani:* Company opened a new showroom in Neemuch, MP, expanding its presence in Central India. (Neutral)

*Hyundai Motor:* Company will invest INR 38 Cr in two renewable energy plants, 75 MW solar, 43 MW wind in Tamil Nadu, aiming for RE100 certification by 2025. (Neutral)

*Jio, Airtel, Vodafone Idea:* Companies together lose over 10 million mobile subscribers in September (Neutral)

*HDFC Bank:* Plans to issue car loans worth Rs 12,372 crore to mutual funds before the first week of December. (Neutral)

*Indusind:* Government gives go-ahead to IndusInd International Holdings for the acquisition of Reliance Capital. (Neutral)

*Wipro:* Record date for the purpose of Bonus is 03-Dec-2024. (Neutral)

*Protean eGov Technologies:* NSE investments to sell up to 20.31% stake in Protean eGov Technologies via OFS, it includes base issue of 10.16% equity & has a green shoe option of 10.16% equity. (Negative)

*Adani Energy:* Kenya cancels the $700 mn deal signed with a unit of the Adani Group to construct power transmission lines. (Negative)🌹

*Listing of ZINKA LOGISTICS SOLUTIONS LIMITED on 22nd November, 2024*

*Symbol:* BLACKBUCK

*Series:* Equity “B Group”

*BSE Code:* 544288

*ISIN:* INE0UIZ01018

*Face Value:* Rs 1/-

*Issued Price:* Rs 273/- per share

*Securities in F&O Ban For Trade Date 22-November-2024*

* ABFRL
* ADANIENT
* AARTIIND
* GRANULES
* GNFC
* HINDCOPPER
* IGL
* NALCO

*Economic Calendar – 22.11.2024*


10.30 INDIA HSBC Manufacturing PMI (Expected: 57.6 versus Previous: 57.5)

12.30 U.K. Retail Sales m/m (Expected: -0.3% versus Previous: 0.3%)

14.30 EURO Flash Manufacturing PMI (Expected: 46.0 versus Previous: 46.0)

15.00 U.K. Flash Manufacturing PMI (Expected: 50.0 versus Previous: 49.9)

*20.15 U.S. Flash Manufacturing PMI (Expected: 48.8 versus Previous: 48.5)*

20.15 U.S. Flash Service PMI (Expected: 55.2 versus Previous: 55.0)

*20.30 U.S. Revised UoM Consumer Sentiment (Expected: 74.0 versus Previous: 73.0)*

20.30 U.S. Revised UoM Inflation Expectations (Previous: 2.6%)

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Stable inflation is the bedrock for sustained growth: RBI Governor Das
📝 CIL to supply coal beyond normative requirement to non-regulated sector
📝 Goyal urges industry to raise quality standards, appoint representatives
📝 Uniqlo India aims Rs 1k cr sales mark in FY25, to increase local sourcing
📝 Sebi abolishes 1% mandatory security deposit requirements in public issues
📝 ECBs net inflows rise to $7.9 bn in H1FY25 from $6.8 bn in H1FY24: RBI data
📝 Domestic solar installations surge 167% to 16.4 GW in Jan-Sep: Mercom
📝 Ashok Leyland strengthens retail presence in east with West Bengal outlet
📝 India's Russian oil imports up 3.3% in Oct from Sep, shows trade data
📝 Hyundai Motor India to set up 2 renewable energy plants at Chennai facility
📝 Insurtech firm Zopper raises $25 mn in to ramp up its digital infra

*Economic Times*

📝 BEML gets Rs 246.78 crore truck supply order from Central Coalfields
📝 CEA Nageswaran asks India Inc not to seek protective cover of weak currency
📝 Sebi abolishes 1 pc security deposit requirements in public issues
📝 Alibaba integrates ecommerce platforms into a single business unit
📝 Transport assets worth USD 400 billion in India exposed to climate hazards: Report
📝 Uber said to be in talks to invest in US IPO of China’s Pony AI
📝 Mental health startup Veda Rehabilitation and Wellness projects Rs 18 crore revenue by FY 26
📝 Nokia to supply Microsoft Azure with datacenter routers, switches for another 5 yrs
📝 India to be insulated from trade war between US and China: Goldman Sachs
📝 Domestic airlines' fleet to touch 1,400 planes in 5 years
📝 Jio, Airtel, Vi continue to suffer customer losses for a third time
📝 Asian Development Bank to provide $4.25 billion to Tata Power for clean energy power projects

*Mint*

📝 80% of equity mutual funds outperform respective benchmarks in October 2024
📝 Govt may include e-commerce data, expand coverage to calculate retail inflation
📝 Ola Electric laying off 500 employees in restructuring move
📝 Vedanta Resources postpones planned dollar bond offering: Report
📝 Belrise Industries files draft papers with SEBI to raise ₹2,150 crore via IPO
📝 Lemon Tree’s renovation drive leaves little room for re-rating
📝 Focus on bringing in good partners, not maximizing valuations: Peyush Bansal
📝 Byju’s founder accused of trying to regain firm with hidden cash
📝 Elon Musk’s startup xAI valued at $50 billion in new funding round
📝 Tiger Global-backed Moglix to boost sustainable packaging biz with ₹80-cr buy
📝 Natco Pharma submits ANDA with USFDA for Risdiplam for oral solution.

Stocks in news

GOLDMAN SACHS ON INDIGO

• Maintain Buy with target price of Rs 4800

• October/November air traffic growth at 10%/11%

• IndiGo PLF at 90% Vs 85.6% last year

• While yields are down YoY, given improved domestic traffic growth, and higher PLFs believe there could be upside to guidance

RAJESH EXPORTS Q2 Result

NET PROFIT FLAT% AT 45.5 CR (YOY), UP 287 % (QOQ)

REVENUE UP 76 % AT 66922 CR (YOY) ,UP 11 % (QOQ)

EBITDA DOWN 8 % AT 37.37 CR (YOY),0.33 CR (QOQ)

MARGINS AT 0.05 % V 0.1 % (YOY),0 % (QOQ)

COAL INDIA has revised its policy to allow coal supplies beyond the annual contracted quantity (ACQ) for non-regulated sector (NRS) customers in long-term linkage auctions.

This change, effective from Tranche VIII, will enable NRS customers to procure coal as per their full requirements. Previously, supply was limited to 85% of a plant's capacity.

Aegis Logistics

The company’s arm, Aegis Vopak Terminals, has filed a draft red herring prospectus with the Securities and Exchange Board of India for an initial public offering. The IPO consists of a fresh issue of Rs 3,500 crore.

JYOTI LTD Company has secured Purchase orders of Rs.12.75 Crore (Excluding GST) for Design, Manufacturing, Testing, Supply & Supervision of Erection, Commissioning of 11 Vertical Turbine Pumps along with mandatory Spares for Southern Link Phase - 2 and Northern Link Phase -2 located in the State of Gujarat

SIMBHAOLI SUGAR Q2 Result

NET LOSS AT 10.23 CR V 39.88 CR LOSS(YOY), 14.73 CR LOSS (QOQ)

REVENUE DOWN 33 % AT 200 CR (YOY) ,DOWN 38 % (QOQ)

EBITDA LOSS AT 8.54 CR V 10.54 CR LOSS (YOY), 4.35 CR LOSS (QOQ)

Selling seen due to Ukrain & Russia news
( Ukrain few attacks on Russia with help of US )

Dow future seen profit booking from highs

Nifty spot data is bullish

Any dips around 23600 is good buy

Resistance strong 23725-23730

CMP 23685

*35 Session of selling*

18th Nov 2024 : Prov figs: Rs.crs*

*FIIs: -1,403 Cr
*DIIs: +2,331 Cr

Fiis Selling in Oct -Nov

1st Oct: -5,579 Cr
3rd Oct: -15,243Cr
4th Oct: -9897 Cr
7th Oct: -8293 Cr
8th Oct: -5730 Cr
9th Oct: -4562 Cr
10th Oct: -4927 Cr
11th Oct: -4,162 Cr
14th Oct: -3,732 Cr
15th Oct: -1,748 Cr
16th Oct: -3,435 Cr
17th Oct: -7,421 Cr
18th Oct: -5,486 Cr
21st Oct: -2,262 Cr
22nd Oct: -3,978 Cr
23rd Oct: -5,685 Cr
24th Oct: -5,062Cr
25th Oct: -3,037 Cr
28th Oct:-3,228 Cr
29th Oct:- 549 Cr
30th Oct:-4,614 Cr
31st Oct: -5,813 Cr
1st Nov: -212 Cr(Muhurat trading)
4th Nov : -4,330 Cr
5th Nov: -2,569 Cr
6th Nov: -4,446 Cr
7th Nov: -4,889 Cr
8th Nov: -3,404 Cr
11th Nov: -2,307 Cr
12th Nov: -3,024 Cr
13th Nov: -2,503 Cr
14th Nov: -1,850 Cr
18th Nov: -1,403 Cr

Total FII Selling in Nov: -30,937 Cr
Total FII Selling from 1st Oct till date :-1,45,290 Cr

*India Daybook – Stocks in News*


*Kitex Garments:* Company to consider bonus equity shares on Nov 22 (Positive)

*Ashoka Buildcon:* Company wins large order worth Rs 2800 Cr (Positive)

*ITI:* Company gets contract worth rupees 95 cr for mining digital transformation & surveillance system (MDTSS) in Uttarakhand (Positive)

*Shipbuilding stocks:* Govt will soon set up Rs 30,000 cr maritime development fund to help shipbuilding: Media sources (Positive)

*PG Electroplast:* Company's wholly owned subsidiary PG Technoplast enters electric vehicle assembly and lithium-ion battery assembly (Positive)

*Shilpa Medicare:* Company unit received certificate of suitability (CEP) from EDQM for API, Octreotide (Positive)

*GMR Airports:* For October 2024, saw significant growth in passenger traffic, handling over 10.7 million passengers, a 9% increase (YoY) and a 5% rise (MoM) (Positive)

*Manba Finance:* Company signs MoU with Piaggio Vehicles to offer customized financing solutions for 3-wheelers (Positive)

*RVNL:* Company gets letter of acceptance from South Central Railway for Rs 295 crore contract (Positive)

*RACL Geartech:* Company received a nomination from BMW AG to supply drive train parts for an electric sports car, starting production in 2026 (Positive)

*Ami Organics:* Promoters Nareshkumar Patel and Chetankumar Vaghasia acquired 17.73% stake in Ami Organics (Positive)

*NTPC:* Company incorporates 50-50 JV of NTPC Green with ONGC Green. (Positive)

*Gulf Oil Lubricants:* Company’s long-term fund-based cash credit rating upgraded to AA+ from AA by ICRA. (Positive)

*Jyoti Structures:* Board meeting on Nov 22, 2024, to consider equity fund raising via rights issue. (Positive)

*Oil upstream stocks:* Govt to discontinue windfall gains tax levy in December: sources (Positive)

*Britannia:* Company secures injunction against Desi Bites for Good Day trademark infringement (Positive)

*Bharti Airtel:* Company and Singtel planning to hold equal direct stakes in co (Positive)

*Astrazeneca:* Receives DGCO approval for inhalation drug (Positive)

*Reliance Power:* Company and reliance infrastructure board reconstituted, four new directors join the board, Ashok Pal, CFO, Reliance Power appointed as executive director of the Company (Neutral)

*Dhampur Surgar Mills:* India Ratings affirmed Dhampur Sugar Mills' credit ratings. Long-term issuer rating is IND AA/Stable. (Neutral)

*Orbit Exports:* Company undertake capital expenditure of Rs 300 million to increase capacity of Valsad plant (Neutral)

*Dr Reddys:* Company issues clarification regarding retail-level recall of Morphine Sulfate extended-release tablets in U.S. on October 22. (Neutral)

*SBI:* Bank’s Rs 10,000 crore, 15-year bond issue fully subscribed. (Neutral)

*Medplus Health:* PI Opportunities Fund exits from Medplus Health, sells 5.8% stake for ₹483 crore (Neutral)

*Vedanta/JSPL:* Companies are among provisional resolution applicants for GVK Power & Infra (Neutral)

*Zee Entertainment:* Punit Goneka resigns from the post of Managing Director to focus on operational responsibilities. (Neutral)

*M&M:* JV with Volkswagen India stalled due to disagreement on key issues (Neutral)

*Jagran Prakashan:* Company Received show cause notices (SCN) from GST authorities for Apr 2020-Mar 2021. (Negative)

*Economic Calendar – 19.11.2024*


15.30 EURO CPI y/y (Expected: 2.0% versus Previous: 2.0%)

15.30 U.K. Monetary Policy Report Hearings

19.00 U.S. Building Permits (Expected:1.44M versus Previous: 1.43M)

*Major U.S. listed stocks result calendar 19.11.2024*


*Walmart Inc.* (Pre market) (Sector- Retail)
*Lowe's Companies, Inc.* (Pre market) (Sector- Retail)
*Medtronic plc* (Pre market) (Sector- Healthcare)
*Viking Holdings Ltd.* (Pre market) (Sector- Travel)
*Jacobs Solutions Inc.* (Pre market) (Sector- Infrastructure)

*Keysight Technologies Inc.* (Post market) (Sector- Technology)

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Indian Railways plans 23 new container terminals to enhance cargo movement
📝 Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL
📝 ESB chairperson Mallika Srinivasan gets one-year extension beyond 65 yrs
📝 Port delays and red tape strain India's 10,000 steel user units: GTRI
📝 Spirit Airlines files for bankruptcy after long run of quarterly losses
📝 SBI raises Rs 10,000 crore through 15-year infrastructure bonds at 7.23%
📝 Taiwan seeks economic partnership with EU to boost semiconductor ties
📝 India's Apollo Radiology acquires reporting wing of UK's InHealth Group
📝 Alibaba plans to raise $5 billion through dual currency bond issuance
📝 Goldman Sachs, Morgan Stanley downgrade China's economic growth outlook
📝 RBI to launch cloud services in 2025 to challenge global firm dominance
📝 Paddy procurement begins, target set to purchase 16 million tonnes

*Economic Times*

📝 Indian REITs distribute Rs 2,754 crore in H1 FY24, up 14% YoY
📝 India's GCC ecosystem set to hit $100 billion by 2030: report
📝 GST Council to hold 55th meet on December 21 in Jaisalmer, Rajasthan
📝 Cost of borrowing very stressful, banks need to make interest rates affordable: FM Sitharaman
📝 Bajaj Finance FD book rises 21 pc to Rs 66,131 cr as on September-end
📝 MakeMyTrip to acquire Happay Expense Management Platform from CRED
📝 IndiaMart hires UpGrad's Saurabh Deep Singla as chief HR officer
📝 Hindalco expects to gain from China scrapping export tax rebate
📝 The Good Glamm Group completes acquisition of The Moms Co
📝 Govt to exceed FY25 direct tax collection target: CBDT chief
📝 HCLSoftware appoints Vikrant Chowdhary as SVP & country head for India
📝 SBI to open 500 new branches in the financial year 2025, says Nirmala Sitharaman

*Mint*

📝 Tata Electronics to buy 60% stake in Pegatron's iPhone plant: Report
📝 RBI to take on Google, Microsoft with its first-ever cloud platform: Report
📝 India likely to attract USD 20-25 billion FPI inflows in FY25, recent outflow temporary: Bank of Baroda
📝 Urban labour market shows improvement as unemployment declines in September qtr
📝 Pharma, electronics and engineering goods among India's top exports in Apr-Oct
📝 Click2Pro Expands Mental Health Consultation Services across India
📝 Geniemode eyes ₹500 cr fundraise from new and existing investors
📝 Nykaa’s beauty business growth is a highlight, but margin is a sore spot
📝 HealthKart raises $153 million led by ChrysCapital, Motilal Oswal Alternates
📝 Oman’s OQ Seeks to Raise $490 Million From Methanol Unit IPO
📝 WeWork India appoints Jitendra Mohandas Virwani as non-executive chairman, Karan to be MD & CEO


https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

Stocks in news

Zee business traders dairy

CNBC awaz 20-20

Technical learning post

Change in circuit filters

*Stock market news & results wtsapp channel*

*Fund Houses Recommendations*

Jefferies on *Thermax:* Maintain Buy on Company, target price at Rs 6100/Sh (Positive)

Nomura on *Hero Motocorp:* Maintain Buy on Company, raise target price at Rs 5805/Sh (Positive)

Jefferies on *Hero Motocorp:* Maintain Buy on Company, target price at Rs 5500/Sh (Positive)

ICICI on *Vatech:* Maintain Buy on Company, raise target price at Rs 1980/Sh (Positive)

Equirus on *Swiggy:* Initiate Add on Company, target price at Rs 450/Sh (Positive)

MS on *Muthoot Fin:* Upgrade to Equal weight Buy on Company, raise target price at Rs 1600/Sh (Positive)

MS on *Zomato:* Maintain Overweight on Company, target price at Rs 355/Sh (Positive)

CLSA on *CG Consumer:* Maintain Outperform on Company, target price at Rs 500/Sh (Positive)

CLSA *India Strategy:* Pouncing Tiger, prevaricating Dragon; reversing the earlier tactical allocation shift from India to China (Positive)

Citi on *Grasim:* Maintain Buy on Company, cut target price at Rs 3100/Sh (Neutral)

Emkay on *Deepak NTR:* Maintain Reduce on Company, target price at Rs 2600/Sh (Neutral)

Emkay on *PI Ind:* Maintain Reduce on Company, target price at Rs 3900/Sh (Neutral)

Citi on *Vodafone Idea:* Maintain Buy on Company, target price at Rs 13/Sh (Neutral)

Jefferies on *Bharat Forge:* Maintain Underperform on Company, target price at Rs 1100/Sh (Neutral)

Citi on *Bharat Forge:* Maintain Sell on Company, target price at Rs 920/Sh (Negative) 

GS on *Honasa:* Downgrade to Neutral on Company, cut target price at Rs 375/Sh (Negative) 

Jefferies on *MGL:* Downgrade to Underperform on Company, cut target price at Rs 1130/Sh (Negative) 

Jefferies on *IGL:* Downgrade to Underperform on Company, cut target price at Rs 295/Sh (Negative) 

Citi on *Gujarat Gas:* Maintain Sell on Company, target price at Rs 490/Sh (Negative)


https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

New Mainboard IPO

Enviro Infra Engineers Limited

*Date : 22-26 November*

Issue Size :
Fresh - 3,86,80,000 Shares
OFS - 52,68,000 Shares

FV : 10
Retail : 35%
Emp. Quota : 10 Lakh Shares

FY 23 :
Revenue : 342 cr
PAT : 55.3 cr

FY24
Revenue : 738 Cr
PAT : 108.6 Cr

Q1 FY25
Revenue : 207.5 Cr
PAT : 30 Cr

Outstanding Orderbook :
1906 Cr (Excluding O&M)

O&M Orderbook : 754 Cr

EIEL Operates Into Turkney
Projects of Sewage Treatment Plants and Sewerage System

LM : HEM Securities


https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

*India Daybook – Stocks in News*


*Prestige estates:* Prestige Group acquires 22,135 sq. meters of land in Mira bhayandar Municipal Corporation (Positive)

*HCL Technologies:* Company and Servicenow roll out AI labs, adding to HCL tech’s global network (Positive)

*Cyient:* Company expands partnership with Allegro Micro Systems for magnetic sensors & power semiconductors for automotive industry (Positive)

*Happiest Minds:* Company eyes H2 growth driven by $2 million Generative AI investment (Positive)

*GAIL:* Company signs 10-year agreement with ADNOC gas for delivery of up to 0.52 MMTPA LNG, LNG to be delivered in six cargoes per year, starting in 2026 (Positive)

*EaseMyTrip:* Company is investing Rs 39.2 Cr in Planet Education for 49% stake and Rs 100 Cr in Jeewani Hospitality for 50%. (Positive)

*Man Infraconstruction:* MICL group realigns portfolio with strategic focus on Mumbai’s luxury segment, MICL group divested from phase 3 of project near Dahisar (Positive)

*East West Freight Carriers:* Company has entered in service contract with Erhardt Project Cargo and Logistic Middle East UAE (Positive)

*IRB Infrastructure:* IRB Infrastructure trust to offer 5 highway assets to IRB Invit fund, proceeds expected to fund new road pipeline of up to Rs 300 billion (Positive)

*R.P.P Infra Projects:* Company secures order worth Rs. 38.32 crores for road and infrastructure development in Tamil Nadu (Positive)

*Nureca:* Company signs distribution agreement with Zepto (Positive)

*Patel Engineering:* Company aims to achieve 20% year-on-year revenue growth from FY26 onwards, says MD Kavita Shirvaikar. (Positive)

*Vatech:* Company has secured a mega order worth ₹1,000 Cr for a 100 MLD Sea Water Desalination Plant from Indosol Solar Pvt. Ltd. for its Solar PV manufacturing facility in Andhra Pradesh. (Positive)

*ACME:* Company gets Rs 3,753 cr loan from REC for FDRE projects in Rajasthan and Gujarat (Positive)

*Marico:* Company says food inflation to moderate in next 2 quarters, expect double-digit revenue growth in H2 (PTI) (Positive)

*Hyundai Motor:* Company bets on CNG vehicles, sees accelerated demand (PTI) (Positive)

*NALCO, Hindalco:* Companies to remain in the spotlight as China announced that the export tax rebate for Aluminium and Copper products (Positive)

*PTC Industries:* Net profit at Rs 17.3 cr vs Rs 8.1 cr, Revenue at Rs 72.4 cr vs Rs 57.5 cr (YoY) (Positive)

*EID Parry:* Net profit at Rs 592 cr vs Rs 226 cr, Revenue at Rs 9330 cr vs Rs 6747 cr (YoY) (Positive)

*Expleo Solutions:* Net profit at Rs 35.4 cr vs Rs 20.5 cr, Revenue at Rs 260 cr vs Rs 230 cr (YoY) (Positive)

*Glenmark Pharma:* Net profit at Rs 350 cr vs Rs 200 cr, Revenue at Rs 3430 cr vs Rs 3210 cr (YoY) (Positive)

*Reliance Infra:* Net profit at Rs 4080 cr vs Net Loss of Rs 294 cr, Revenue at Rs 7260 cr vs Rs 7150 cr (YoY) (Positive)

*Bombay Burmah Trading Corp:* Net profit at Rs 250 cr vs Rs 122 cr, Revenue at Rs 4760 cr vs Rs 4500 cr (YoY) (Positive)

*Federal Mogul Goetze:* Net profit at Rs 38.2 cr vs Rs 32.1 cr, Revenue at Rs 460 cr vs Rs 440 cr (YoY) (Positive)

*RMC Switchgear:* Net profit at Rs 10.1 cr vs Rs 8.0 cr, Revenue at Rs 123.5 cr vs Rs 103 cr (YoY) (Positive)

*SH Kelkar:* Net profit at Rs 40 cr vs Rs 29 cr, Revenue at Rs 522 cr vs Rs 412 cr (YoY) (Positive)

*AVG Logistics:* Net profit at Rs 5.3 cr vs Rs 2.9 cr, Revenue at Rs 138 cr vs Rs 117 cr (YoY) (Positive)

*Suraj Estate:* Net profit at Rs 31.8 cr vs Rs 17.0 cr, Revenue at Rs 110 cr vs Rs 100 cr (YoY) (Positive)

*Alicon:* Net profit at Rs 17 cr vs Rs 14.5 cr, Revenue at Rs 463 cr vs Rs 381 cr (YoY) (Positive)

*Northern Spirits:* Net profit at Rs 12 cr vs Rs 7 cr, Revenue at Rs 947 cr vs Rs 596 cr (YoY) (Positive)

*Coal India:* NCL plans to relocate township in MP having 600 MT of mineable coal underneath (PTI) (Neutral)

*Godrej Properties:* Company denies allegations amid ED probe into fraud, money laundering claims (Neutral)

*Zee Entertainment:* Board approves higher targets to evaluate performance of MD & CEO (Neutral)

*Brightcom:* Company delays Q4 FY24 results, shares timeline for suspension revocation (Neutral)

*Dr Reddy/FDC:* Recalling generic medications in the US market due to manufacturing issues. (Neutral)

*Samvardhana Motherson:* Company aims to reduce debt in upcoming quarter, says COO Pankaj Mital. (Neutral)

*ABB India:* Company gets warning letter from SEBI for insider trading by two designated persons of the Company (Negative)

*Vodafone Idea:* Company says Rs 25,000-crore fundraising is delayed over AGR issue. (Negative)

*IGL:* Company says Further reduction in gas allocation communicated by GAIL effective November 16. (Negative)

*Adani Total:* GAIL further reduces allocation of APM gas by 13% effective November 16. (Negative)

*Reliance Power:* SECI weighs criminal action over fake documents (Negative)

*RCom:* Canara Bank classifies accounts of company and its arm, Reliance Telecom as 'fraud.' (Negative)

*Sterlite Tech:* ICRA revises outlook to stable from Negative, downgrades rating to AA- from AA on select bank loan facilities. (Negative)

*Grasim:* Net Profit at Rs 1108 crore versus Rs 2024 crore, Revenues at Rs 33563 crore versus Rs 30220 crore (Negative)

*GSFC:* Company expects rising raw material costs to eat into its margins in second half of ongoing fiscal. (Negative)

*Honasa Cons:* Net loss at Rs 19 cr vs Rs 29 cr, Revenue at Rs 462 cr vs Rs 496 cr (YoY) (Negative)

*JTEKT:* Net profit at ₹19.5 cr vs ₹30.2 cr, Revenue at ₹605.3 cr vs ₹584 cr (YoY) (Negative)

*Shriram Properties:* Net loss at Rs 0.79 cr vs Rs 20.1 cr, Revenue at Rs 140 cr vs Rs 210 cr (YoY) (Negative)

*Honda India Power:* Net profit at Rs 8.54 cr vs Rs 31.2 cr, Revenue at Rs 180 cr vs Rs 280 cr (YoY) (Negative)

*Ratnamani Metals:* Net profit at Rs 100 cr vs Rs 164 cr, Revenue at Rs 970 cr vs Rs 1131 cr (YoY) (Negative)

*Genus Paper:* Net loss at Rs 0.4 cr vs profit Rs 4.1 cr, Revenue at Rs 210 cr vs Rs 190 cr (YoY) (Negative)



https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

*Shiv Texchem:* Net profit at Rs 21 cr vs Rs 11 cr, Revenue at Rs 1030 cr vs Rs 612 cr (YoY) (Positive)

*Delhivery:* Net profit at Rs 10.2 cr vs Net Loss of Rs 103 cr, Revenue at Rs 2190 cr vs Rs 1942 cr (YoY) (Positive)

*Sarda Energy:* Net profit at Rs 195 cr vs Rs 141 cr, Revenue at Rs 1160 cr vs Rs 1000 cr (YoY) (Positive)

*Kernex Microsystems:* Net profit at Rs 6.85 cr vs Net Loss of Rs 4.4 cr, Revenue at Rs 41.2 cr vs Rs 1.4 cr (YoY) (Positive)

*Avanti Feeds:* Net profit at Rs 114 cr vs Rs 74 cr, Revenue at Rs 1355 cr vs Rs 1278 cr (YoY) (Positive)

*Jay Shree Tea:* Net profit at Rs 36.50 cr vs Rs 11.50 cr, Revenue at Rs 301.35 cr vs Rs 231.31 cr (YoY) (Positive)

*Garware Hi-Tech:* Net profit at Rs 104.3 cr vs Rs 45.9 cr, Revenue at Rs 621 cr vs Rs 397 cr (YoY) (Positive)

*Muthoot Fin:* Net profit at Rs 1251.1 cr vs Rs 991 cr, NII at Rs 2518 cr vs Rs 1858 cr (YoY) (Positive)

*Crompton Greaves:* Net profit at Rs 125 cr vs Rs 97.2 cr, Revenue at Rs 1896 cr vs Rs 1782 cr (YoY) (Positive)

*Hero Motocorp:* Net Profit at Rs 1204 crore versus poll Rs 1156 crore, Revenues at Rs 10463 crore versus poll Rs 10271 crore (Positive)

*Ashapura Mine:* Net profit at Rs 44.3 cr vs Rs 59.3 cr, Revenue at Rs 600 cr vs Rs 554 cr (YoY) (Neutral)

*Tasty Bite:* Net profit at Rs 10.1 cr vs Rs 11.4 cr, Revenue at Rs 156 cr vs Rs 145 cr (YoY) (Neutral)

*ITI:* Net loss at Rs 70 cr vs Rs 126 cr, Revenue at Rs 1016 cr vs Rs 246 cr (YoY) (Neutral)

*GPT Healthcare:* Net profit at Rs 105.66 cr vs Rs 107.97 cr, Revenue at Rs 14.82 cr vs Rs 13.50 cr (YoY) (Neutral)

*MTNL:* Net loss at Rs 890 cr vs Rs 793 cr, Revenue at Rs 160 cr vs Rs 182 cr (YoY) (Neutral)

*Monte Carlo:* Net profit at Rs 8.01 cr vs Rs 13.4 cr, Revenue at Rs 220 cr vs Rs 212 cr (YoY) (Neutral)

*Ahuwalia Contracts:* Net profit at Rs 38.36 cr vs Rs 55.30 cr, Revenue at Rs 1010 cr vs Rs 900 cr (YoY) (Neutral)

*Swan Energy:* Net profit at Rs 1.21 cr vs Rs 0.58 cr, Revenue at Rs 25.5 cr vs Rs 84.5 cr (YoY) (Neutral)

*Roto Pumps:* Net profit at Rs 11.4 cr vs Rs 12.7 cr, Revenue at Rs 84.6 cr vs Rs 81.4 cr (YoY) (Neutral)

*Rama Steel:* Net profit at Rs 4.0 cr vs Rs 6.2 cr, Revenue at Rs 260 cr vs Rs 203 cr (YoY) (Neutral)

*Amines & Plasticizers:* Net profit at Rs 9.78 cr vs Rs 9.08 cr, Revenue at Rs 170 cr vs Rs 157 cr (YoY) (Neutral)

*Gufic Bio:* Net profit at Rs 21.7 cr vs Rs 23.2 cr, Revenue at Rs 200 cr vs Rs 215 cr (YoY) (Neutral)

*GRP:* Net profit at Rs 4.8 cr vs Rs 5.0 cr, Revenue at Rs 140 cr vs Rs 120 cr (YoY) (Neutral)

*Divgi:* Net profit at Rs 7.8 cr vs Rs 10.7 cr, Revenue at Rs 54 cr vs Rs 69 cr (YoY) (Neutral)

*Asian Granito:* Net profit at Rs 6.5 cr vs Rs 1.3 cr, Revenue at Rs 380 cr vs Rs 400 cr (YoY) (Neutral)

*Sobha:* Net profit at Rs 26 cr vs Rs 15 cr, Revenue at Rs 934 cr vs Rs 741 cr (YoY) (Neutral)

*Shree Tirupati Balajee:* Net profit at Rs 7.1 cr vs Rs 9.4 cr, Revenue at Rs 160 cr vs Rs 115 cr (YoY) (Neutral)

*Balaji Telefilms:* Net profit at Rs 5.65 cr vs Rs 1.18 cr, Revenue at Rs 140 cr vs Rs 200 cr (YoY) (Neutral)

*Ultratech Cement:* Company to raise funds by issuance of debentures worth up to Rs 30 billion, Company says issuance of debentures on private placement basis (Neutral)

*Timken India:* Company expect total investment of around Rs 7 billion in new facility at Bharuch, (Neutral)

*Reliance Industries:* Company and Disney announce completion of transaction to form JV to bring together the most iconic and engaging entertainment brands in India. (Neutral)

*Ujjivan Small Finance Bank:* Bank’s board approves sale of NPA and written-off loans worth Rs 270 crore (Neutral)

*Tata motors:* Company expects PV retail sales to sustain momentum in Q3 (PTI) (Neutral)

*SBI:* Bank raises 1-year MCLR lending rate to 9% from November 15. (Neutral)

*BOJ GOV UEDA:*

** CRUCIAL FOR ACHIEVE SUSTAINED INCREASE IN REAL WAGES SUCH AS BY RAISING PRODUCTIVITY

** MARKET SENTIMENT IMPROVING RECENTLY DUE TO RECEDING CONCERN OVER U.S. ECONOMY

** WE ARE STILL SEEING CONDITIONS WHERE MARKETS COULD TURN VOLATILE DEPENDING ON ECONOMIC DATA, GEOPOLITICAL RISKS

** WE CONTINUE TO BE PAY ATTENTION ON WHETHER VOLATILE MARKET MOVES COULD AFFECT JAPAN'S ECONOMY, PRICES

** UNCERTAINTY SURROUNDING CHINA'S GROWTH PACE IS HIGH

** MARKET SENTIMENT HAS IMPROVED RECENTLY BUT MARKET REMAINS SUSCEPTIBLE TO ECONOMIC INDICATORS OF VARIOUS ECONOMIES AND MEDIA REPORTS REGARDING GEOPOLITICAL RISKS

** BOJ WILL CONTINUE TO PAY ATTENTION TO WHETHER FLUCTUATIONS IN GLOBAL FINANCIAL AND CAPITAL MARKETS WILL AFFECT ECONOMIC ACTIVITY AND PRICES IN JAPAN

**UNDERLYING INFLATION LIKELY TO CONTINUE RISING MODERATELY

**WILL CONTINUE TO RAISE POLICY RATE, ADJUST DEGREE OF MONETARY SUPPORT IF ECONOMY, PRICES MOVE IN LINE WITH OUR FORECASTS

**WILL MAKE POLICY DECISION BY UPDATING OUR ECONOMIC, PRICE OUTLOOK WITH DATA, INFORMATION AVAILABLE AT THE TIME

**TIMING OF RATE HIKE WILL DEPEND ON ECONOMIC, PRICE AND FINANCIAL OUTLOOK

(AS EXPECTED BOJ GOVERNOR INDICATED FOR RATE HIKE, HOWEVER ALSO HIGHLIGHTED THAT RATE HIKE WOULD BE DATA DEPENDANT)


https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

*Q2FY25 EARNING CALENDAR 18.11.2024*

GODAVARIB, VALECHAENG, WAAREEENER


https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

*SEC. IN F&O BAN FOR 18.11.2024 :*


1 AARTIIND
2 ABFRL
3 GNFC
4 GRANULES
5 HINDCOPPER

*ADDITION : NIL*
*DELETION : NIL*

https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

FII and DII Trading activities as on 14 Nov 2024
FII F&O (Net) -14077.9 Cr
FII INDEX FUTURE -405.4 Cr
FII INDEX OPTIONS -13434.37 Cr
FII STOCK FUTURES -734.66 Cr
FII STOCK OPTIONS +496.53 Cr
FII CASH -1849.87
DII CASH +2481.81


https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

*Major U.S. listed stocks result calendar 18.11.2024*

*Trip. com Group Limited.* (Post market) (Sector- Travel)
*Symbotic Inc..* (Post market) (Sector- Robotics)
*AECOM* (Post market) (Sector- Infrastructure)

https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

*Economic Calendar – 18.11.2024*


*TENT Japan BOJ Gov Ueda Speaks*

20.30 U.S. FOMC Member Goolsbee Speaks

https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

*News Headlines from Business News Agencies:*

*Business Standard*

📝 PSBs set to launch MSME credit model this month, reveals document
📝 India's smartphone exports surpasses $2 bn mark in Oct, sets new record
📝 Manufacturing slump likely to hit India's Q2 GDP growth to six-quarter low
📝 Pharma industry expo to be held in Greater Noida from November 26-28
📝 Targeting India revenue of 1 bn euros in 3 yrs: Aliaxis' Thierry Vanlancker
📝 Weak urban demand weighs on FMCG firms in Q2 despite rural market recovery
📝 India's box office collections drop 7% to Rs 8,951 cr in Jan-Oct 2024
📝 India's FTAs not paused, all talks progressing as per schedule: Official
📝 India's startup ecosystem sees rebound, late-stage deals take lead
📝 Nvidia's new Blackwell AI chips face issue with overheating servers
📝 Bank of India to start wealth management business by March 26: CEO & MD Karnatak
📝 Hyundai bets on CNG vehicles, sees rising demand in rural and urban India

*Economic Times*

📝 Cedar-IBSi Capital to fund 10-15 startups in fintech sector
📝 Prestige Estates to launch Rs 52,000-cr housing projects by March 2025 amid strong demand
📝 FPIs reduce pace of selling in Indian equities in two weeks of November
📝 Fine Acers aims for Rs 5,000 crore in assets under management
📝 Sirius India Airlines looks to raise USD 100 million for expansion
📝 World Economic Forum Davos meet to focus on 'collaboration for intelligent age', over 100 from India to attend
📝 Retail tomato prices drop 22.4 pc on improved supplies: Govt
📝 Food inflation to moderate in next 2 quarters, expect double-digit revenue growth in H2: Marico
📝 Municipal corporations need to impose adequate user charges to provide better facilities: RBI report
📝 Ritesh Agarwal to invest Rs 550 crore to increase his shareholding in Oyo
📝 Anil Ambani's Reliance Group sets up centre to helm 2030 growth strategy
📝 India is a “strategic market” for Volkswagen: Piyush Arora, MD & CEO, Skoda Auto Volkswagen India
📝 WestBridge to float a general insurance JV with Neelesh Garg

*Mint*

📝 ACME Sun Power gets ₹3,753-crore loan from REC for wind, solar power projects
📝 India calls out rich nations for stalled climate finance, mitigation work
📝 Zee Entertainment boosts targets for MD Punit Goenka ahead of reappointment vote
📝 Macrotech to scale digital infrastructure biz on its own, gives investors exit
📝 Amazon India moving headquarters in Bengaluru to save costs
📝 Indian edtech startups niche down into nursing, allied healthcare upskilling
📝 Indian Smartphone Market Grew 6% YoY in Q3 2024 a visual story
📝 Sebi can do more to dissuade retail speculation in futures and options
📝 Zepto's cash burn crosses ₹250 crore a month on rising costs: Report
📝 RCEP benefit minimal for India due to China's opaque trade practices: GTRI
📝 India can save USD 10 bln annually by expanding insurance penetration: McKinsey report
📝 Coal India arm NCL plans to relocate township in MP having 600 MT of mineable coal underneath

https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

Stocks in news

Zee business traders dairy

Nifty spot at 9:30

Range 23650 on highs
23530 on lows

Break of any side will decide the trend

Data wise fight seen at 23600 levels between put & call writers

Zee business traders dairy

CNBC awaz 20-20

🇮🇳India Daybook – Stocks in News..


*Torrent Power:* Company signs agreement with Spectrum Dyes and Anubha Industries for 9.9 MW renewable energy supply. (Positive)

*Aurobindo Pharma:* European medicines agency (EMA) grants good manufacturing practice (GMP) certificate of compliance to Curateq Biosimilars’ manufacturing facility in Hyderabad (Positive)

*EMS:* Company gets LoA in JV for the work valuing Rs 681.5 cr (74% Share) from Kolkata Municipal Corporation. (Positive)

*UPL:* UPL Corp and CAC Nantong announce strategic agreement for global commercialization of Cyproflanilide insecticide (Positive)

*Ganesha Eco:* Company announced capacity expansion of 45,000 tonnes p.a (Positive)

*NTPC:* NTPC Green IPO issue opens on November 19. (Positive)

*Varun Beverages:* Company outlined expansion plans with three major acquisition proposals aimed at bolstering its presence in Africa and enhancing its production capabilities in India. (Positive)

*Entero Health:* Company acquires 100% stake in Shree Enterprises (Positive)

*Manappuram:* Bain Capital looking to acquire controlling stake. Said to have shown interest to buy 11-12% stake from family and also infuse Rs 2000cr (Positive)

*EIH:* Net profit at Rs 132 cr vs Rs 94 cr, Revenue at Rs 588 cr vs Rs 530 cr (YoY) (Positive)

*GSFC:* Net profit at Rs 298 cr vs Rs 87 cr, Revenue at Rs 2635 cr vs Rs 2163 cr (YoY) (Positive)

*Oriental Rail Infra:* Net profit at Rs 10.4 cr vs Rs 7.7 cr, Revenue at Rs 186 cr vs Rs 114 cr (YoY) (Positive)

*Medplus Health:* Net profit at Rs 38.7 cr vs Rs 14.5 cr, Revenue at Rs 1576 cr vs Rs 1408.7 cr (YoY) (Positive)

*Integra Eng:* Net profit at Rs 5.3 cr vs Rs 2.9 cr, Revenue at Rs 41.4 cr vs Rs 34.8 cr (YoY) (Positive)

*Nykaa:* Net profit at Rs 10 cr vs Rs 6 cr, Revenue at Rs 1875 cr vs Rs 1507 cr (YoY) (Positive)

*Kirloskar Oil:* Net profit at Rs 125 cr vs Rs 78 cr, Revenue at Rs 1500 cr vs Rs 1305 cr (YoY) (Positive)

*KNR Construction:* Net profit at Rs 585 cr vs Rs 143 cr, Revenue at Rs 1945 cr vs Rs 1038 cr (YoY) (Positive)

*Ceinsys Tech:* Net profit at Rs 11.6 cr vs Rs 4.7 cr, Revenue at Rs 90.0 cr vs Rs 58.3 cr (YoY) (Positive)

*EMS:* Net profit up 9.5% at Rs 49.7 cr vs Rs 37.1 cr, Revenue up 11% at Rs 233.5 cr vs Rs 210.5 cr (YoY) (Positive)

*Indo Amines:* Net profit at Rs 16.1 cr vs Rs 12.9 cr, Revenue at Rs 268 cr vs Rs 226 cr (YoY) (Positive)

*Indo Tech:* Net profit at Rs 18 cr vs Rs 7 cr, Revenue at Rs 146 cr vs Rs 95 cr (YoY) (Positive)

*Bombay Dyeing:* Net profit at Rs 392 cr vs loss Rs 52 cr, Revenue at Rs 380 cr vs Rs 440 cr (YoY) (Positive)

*Ashoka:* Net Profit At Rs 462.5Cr Vs Rs 106.5 Cr, Revenue At Rs 2,489 Cr Vs Rs 2,154.3 Cr (YoY) (Positive)

*OAL:* Net profit at Rs 15.0 cr vs Rs 2.4 cr, Revenue at Rs 237 cr vs Rs 226 cr (YoY) (Positive)

*Kelton:* Net profit at Rs 19.7 cr vs Rs 16.5 cr, Revenue at Rs 270 cr vs Rs 240 cr (YoY) (Positive)

*Suntech Real:* Net profit at Rs 34.6 cr vs loss Rs 14.0 cr, Revenue at Rs 169 cr vs Rs 24.9 cr (YoY) (Positive)

*Taal Ent:* Net profit at Rs 14.5 cr vs Rs 10.9 cr, Revenue at Rs 49.1 cr vs Rs 48 cr (YoY) (Positive)

*PN Gadgil:* Net profit at Rs 32.3 cr vs Rs 21.5 cr, Revenue at Rs 2000 cr vs Rs 1360 cr (YoY) (Positive)

*GPT Infra:* Net profit at Rs 17.6 cr vs Rs 13.5 cr, Revenue at Rs 290 cr vs Rs 234 cr (YoY) (Positive)

*PTC India:* Net Profit at Rs 146.2 Cr Vs Rs 130 Cr, Revenue at Rs 5,128 Cr Vs Rs 5,069.5 Cr (YoY) (Positive)

*Allcargo:* Net profit at Rs 33.1 cr vs Rs 21.8 cr, Revenue at Rs 4300 cr vs Rs 4306 cr (YoY) (Positive)

*ION Exchange:* Net profit at Rs 51.1 cr vs Rs 41.9 cr, Revenue at Rs 644 cr vs Rs 533 cr (YoY) (Positive)

*Excel Ind:* Net profit at Rs 35.7 cr vs Rs 1.8 cr, Revenue at Rs 269 cr vs Rs 198 cr (YoY) (Positive)

*Amruntanjan:* Net profit at Rs 11.8 cr vs Rs 6.8 cr, Revenue at Rs 110 cr vs Rs 99 cr (YoY) (Positive)

*Pearl Global:* Net profit at Rs 56.6 cr vs Rs 38.6 cr, Revenue at Rs 1202 cr vs Rs 960 cr (YoY) (Positive)

*KEC INT:* Net profit at Rs 85.4 cr vs Rs 55.8 cr, Revenue at Rs 5113 cr vs Rs 4499 cr (YoY) (Positive)

*TVS Shrichakra:* Net profit at Rs 10.3 cr vs Rs 39.1 cr, Revenue at Rs 840 cr vs Rs 740 cr (YoY) (Negative)

*Hyundai Motor:* Trend of low single digit car sales growth will continue for FY25 (Negative)

*PNB Housing:* Quality Investment Holdings PCC to sell stake in PNB Housing. Offer price at Rs 939.3; discount of 4.25% to closing price: CNBC (Negative)🌹


https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

*Dev Info:* Net profit at Rs 8.1 cr vs Rs 1.7 cr, Revenue at Rs 35.9 cr vs Rs 27.9 cr (YoY) (Positive)

*Pokarana:* Net profit at Rs 45.2 cr vs Rs 33.3 cr, Revenue at Rs 251 cr vs Rs 192 cr (YoY) (Positive)

*Ambalal Sarabhai:* Net profit at Rs 2.6 cr vs Rs 1.1 cr, Revenue at Rs 44.7 cr vs Rs 40 cr (YoY) (Positive)

*IGPL:* Net profit at Rs 26.1 cr vs Rs 10.0 cr, Revenue at Rs 582 cr vs Rs 501 cr (YoY) (Positive)

*United Drilling:* Net profit at Rs 6.2 cr vs Rs 3.6 cr, Revenue at Rs 48.8 cr vs Rs 31.3 cr (YoY) (Positive)

*Cupid:* Net profit at Rs 10 cr vs Rs 5.1 cr, Revenue at Rs 41.6 cr vs Rs 34.4cr (YoY) (Positive)

*Yaatra:* Net profit at Rs 7.3 cr vs loss Rs 17.2 cr, Revenue at Rs 236 cr vs Rs 94 cr, (YoY) (Positive)

*Kalyani Forge:* Net profit at Rs 3.9 cr vs Rs 1.3 cr, Revenue at Rs 62.3 cr vs Rs 60.9 cr (YoY) (Positive)

*BSE:* Net Profit at Rs 347 cr vs Rs 121 cr, Revenue at Rs 813 cr vs Rs 362 cr (Positive)

*Greaves:* Net profit at Rs 3.2 cr vs loss Rs 190 cr, Revenue at Rs 700 cr vs Rs 727 cr (YoY) (Neutral)

*Permanent Magnets:* Net profit at Rs 7.10 cr vs Rs 7.08 cr, Revenue at Rs 56.10 cr vs Rs 53.71 cr (YoY) (Neutral)

*Shalimar Paint:* Net Loss at Rs 19.6 cr vs Rs 25.6 cr, Revenue at Rs 140 cr vs Rs 119 cr (YoY) (Neutral)

*Barbeque Nation:* Net loss at Rs 7.2 cr vs Rs 12.4 cr, Revenue at Rs 300 cr vs Rs 300 cr (YoY) (Neutral)

*Eldeco Housing:* Net profit at Rs 4.5 cr vs Rs 6.4 cr, Revenue at Rs 33.4 cr vs Rs 17.0 cr (YoY) (Neutral)

*Eveready:* Net profit at Rs 29.6 cr vs Rs 25.4 cr, Revenue at Rs 362.6 cr vs Rs 365.0 cr (YoY) (Neutral)

*Sunflag Iron & Steel:* Net profit at Rs 40.9 cr vs Rs 38.5 cr, Revenue at Rs 866 cr vs Rs 858 cr (YoY) (Neutral)

*Repco Home:* Net Profit at Rs 108.7 Cr Vs Rs 95 Cr, NII at Rs 175.7 Cr Vs Rs 172.7 Cr (YoY) (Neutral)

*3M India:* Net profit at Rs 130 cr vs Rs 146 cr, Revenue at Rs 1110 cr vs Rs 1040 cr (YoY) (Neutral)

*Techno elec:* Net profit at Rs 94 cr vs Rs 74 cr, Revenue at Rs 440 cr vs Rs 460 cr (YoY) (Neutral)

*Pen Ind:* Net profit at Rs 26.9 cr vs Rs 22.3 cr, Revenue at Rs 747 cr vs Rs 814 cr (YoY) (Neutral)

*Axis Cades:* Net profit at Rs 12.3 cr vs Rs 11.1 cr, Revenue at Rs 260 cr vs Rs 251 cr (YoY) (Neutral)

*Man Ind:* Net profit at Rs 31.8 cr vs Rs 39.0 cr, Revenue at Rs 806 cr vs Rs 1018 cr (YoY) (Neutral)

*Kronox:* Net profit at Rs 6.5 cr vs Rs 6.2 cr, Revenue at Rs 25.2 cr vs Rs 25.6 cr (YoY) (Neutral)

*Kross:* Net profit at Rs 9.6 cr vs Rs 8.7 cr, Revenue at Rs 139 cr vs Rs 144 cr (YoY) (Neutral)

*KDDL:* Net profit at Rs 24.5 cr vs Rs 25.4 cr, Revenue at Rs 396 cr vs Rs 340 cr (YoY) (Neutral)

*GIC:* Net profit at Rs 1856 cr vs Rs 1689 cr, Revenue at Rs 8886 cr vs Rs 9954 cr (YoY) (Neutral)

*Andhra Paper:* Annual outage in facility at Kadiam unit planned from NOV. 13 to DEC. 4 (Neutral)

*Bosch:* Net Profit Down at Rs 536 Cr Vs Rs 999 Cr, Revenue at Rs 4,394.3 Cr Vs Rs 4,130 Cr (YoY) (Neutral)

*MTNL:* Company defaulted in payment of principal and interest to 6 banks, defaulted in payment of principal and interest of Rs 57.26 Billion (Neutral)

*Tata Power:* LIC reduces its stake in Tata Power from 5.906% to 3.881%. (Neutral)

*UltraTech Cement:* Company to raise funds up to Rs 3,000 crore via bonds on private placement basis on November 15 (Neutral)

*Tata Chemicals:* Arm Tata Chemicals Europe to invest Rs 655 cr to build a Sodium Bicarbonate plant in Northwich, UK. (Neutral)

*SBI Life:* Company approves appointment of CS Setty as Chairman and Nominee Director. (Neutral)

*PNC Infratech:* Net profit at Rs 83.4 cr vs Rs 150 cr, Revenue at Rs 1427 cr vs Rs 1910 cr (YoY) (Negative)

*NMDC Steel:* Net loss at Rs 595 cr vs Rs 547 cr, Revenue at Rs 1522 cr vs Rs 2023 cr (QoQ) (Negative)

*Sula:* Net profit at Rs 14.4 cr vs Rs 23.3 cr, Revenue at Rs 140 cr vs Rs 143 cr (YoY) (Negative)

*Fairchem:* Net profit at Rs 4.0 cr vs Rs 10.3 cr, Revenue at Rs 138 cr vs Rs 152 cr (YoY) (Negative)

*DCX:* Net profit at Rs 5.0 cr vs Rs 19.8 cr, Revenue at Rs 196 cr vs Rs 309 cr (YoY) (Negative)

*Listing of Swiggy Limited on 13th November, 2024*

*Symbol:* SWIGGY

*Series:* Equity “B Group”

*BSE Code:* 544285

*ISIN:* INE00H001014

*Face Value:* Rs 1/-

*Issued Price:* Rs 390/- per share


https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

*Global Equities Update*

Asian equities opened in the red zone and extended yesterday’s weakness as U.S. treasury yields and dollar surged overnight. U.S. index futures are trading in the red zone as a part of consolidation post sizable uptick in Wall Street after outcome of election while caution kicked in ahead of key inflation data.


*Global Equity Indices Update*

*Dow Future (US):* 43893, -19.0 points/ -0.04%

*Nasdaq Future (US):* 21036, -36.0 points/ -0.17%

*FTSE Future (UK):* 8058, +17.0 points/ +0.21%

*DAX Future (Germany):* 19124, +10.0 points/ +0.05%

*Taiex Future (Taiwan):* 22963, +88.0 points/ +0.37%

*Kospi (South Korea):* 2450, -32.0 points/ -1.29%

*Hang Seng Future (Hong Kong):* 19691, -203.0 points/ -1.03%

*Nikkei Index (Japan):* 38880, -470.0 points/ -1.19%

*Gift Nifty: (India)* 23894, -66.0 points/ -0.28% (Adjusted)


https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

NSIL, OMAXE, PFOCUS, PRAKASH, PTCIL, RAJESHEXPO, RAMASTEEL, RATNAMANI, RELINFRA, RIR, SANGHVIMOV, SANSTAR, SARDAEN, SCHNEIDER, SDBL, SEIL, SHK, SINDHUTRAD, *SOBHA*, SURAJEST, SURYAROSNI, SWANENERGY, TASTYBITE, TECHNOE, TECHNVISN, TEGA, VADILALIND

*BDL*
* Revenue expected at Rs 704 crore versus Rs 615 crore
* EBITDA expected to be seen at Rs 158 crore versus Rs 134 crore
* EBITDA margin expected to be seen at 22.44% versus 21.76%
* Net profit expected to be seen at Rs 164 crore versus Rs 147 crore

*BHARATFORG*
* Revenue expected at Rs 4070 crore versus Rs 3774 crore
* EBITDA expected to be seen at Rs 736 crore versus Rs 621 crore
* EBITDA margin expected to be seen at 18.08% versus 16.47%
* Net profit expected to be seen at Rs 313 crore versus Rs 229 crore

*GLENMARK*
* Revenue expected at Rs 3426 crore versus Rs 3207 crore
* EBITDA expected to be seen at Rs 635 crore versus Rs 462 crore
* EBITDA margin expected to be seen at 18.53% versus 14.41%
* Net profit expected to be seen at Rs 348 crore versus Rs 124 crore

*GRASIM*
* Revenue expected at Rs 7493 crore versus Rs 6442 crore
* EBITDA expected to be seen at Rs 431 crore versus Rs 593 crore
* EBITDA margin expected to be seen at 5.75% versus 9.21%
* Net profit expected to be seen at Rs 888 crore versus Rs 794 crore

*HAL*
* Revenue expected at Rs 6300 crore versus Rs 5635 crore
* EBITDA expected to be seen at Rs 1674 crore versus Rs 1847 crore
* EBITDA margin expected to be seen at 26.57% versus 32.78%
* Net profit expected to be seen at Rs 1405 crore versus Rs 1236 crore

*HEROMOTOCO*
* Revenue expected at Rs 10232 crore versus Rs 9445 crore
* EBITDA expected to be seen at Rs 1490 crore versus Rs 1328 crore
* EBITDA margin expected to be seen at 14.56% versus 14.06%
* Net profit expected to be seen at Rs 1142 crore versus Rs 1053 crore

*IPCALAB*
* Revenue expected at Rs 2340 crore versus Rs 2034 crore
* EBITDA expected to be seen at Rs 480 crore versus Rs 321 crore
* EBITDA margin expected to be seen at 20.51% versus 15.78%
* Net profit expected to be seen at Rs 266 crore versus Rs 145 crore

*LEMONTREE*
* Revenue expected at Rs 276 crore versus Rs 227 crore
* EBITDA expected to be seen at Rs 124 crore versus Rs 104 crore
* EBITDA margin expected to be seen at 44.93% versus 46.12%
* Net profit expected to be seen at Rs 27 crore versus Rs 22 crore

*MUTHOOTFIN*
* NII expected at Rs 2440 crore versus Rs 3015 crore
* EBITDA expected to be seen at Rs 1807 crore versus Rs 1328 crore
* EBITDA margin expected to be seen at 73.63% versus 71.48%
* Net profit expected to be seen at Rs 1268 crore versus Rs 991 crore

*SOBHA*
* Revenue expected at Rs 929 crore versus Rs 741 crore
* EBITDA expected to be seen at Rs 111 crore versus Rs 75 crore
* EBITDA margin expected to be seen at 11.94% versus 10.18%
* Net profit expected to be seen at Rs 46 crore versus Rs 14 crore

https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

*Q2FY25 EARNING CALENDAR 13.11.2024*

*ALKEM*, *APOLLOTYRE*, ARKADE, ASHIANA, ASTRAZEN, BANCOINDIA, BAYERCROP, BGDL, BOROLTD, *BRIGADE*, CENTURYPLY, COSMOFIRST, DBL, DCAL, DCW, DDEVPLASTIK, *DEEPAKNTR*, DISHTV, DREDGECORP, DYNAMATECH, *EICHERMOT*, ESAFSFB, EXICOM, FCL, FIEMIND, FISCHER, FOSECOIND, *GNFC*, *GODREJIND*, *GRSE*, HAPPSTMNDS, HEG, HERANBA, *IDEA*, IFCI, INDIANHUME, ISGEC, ITDC, JINDWORLD, KALYANKJIL, KAMAHOLD, KICL, KIRIINDUS, KRBL, KSB, KSCL, LUMAXTECH, *NBCC*, NIBE, OPTIEMUS, PATELENG, *PIIND*, PITTIENG, PLATIND, PRECAM, PRSMJOHNSN, RAMKY, RCF, REDTAPE, SENCO, SEQUENT, SKYGOLD, *SUNTV*, *THERMAX*, THOMASCOOK, *TORNTPOWER*, VENUSPIPES, YASHO, ZAGGLE

*ALKEM*
* Revenue expected at Rs 3639 crore versus Rs 3440 crore
* EBITDA expected to be seen at Rs 801 crore versus Rs 746 crore
* EBITDA margin expected to be seen at 22.01% versus 21.71%
* Net profit expected to be seen at Rs 682 crore versus Rs 620 crore

*APOLLOTYRE*
* Revenue expected at Rs 6454 crore versus Rs 6279 crore
* EBITDA expected to be seen at Rs 878 crore versus Rs 1159 crore
* EBITDA margin expected to be seen at 13.60 % versus 18.47%
* Net profit expected to be seen at Rs 311 crore versus Rs 486 crore

*BRIGADE*
* Revenue expected at Rs 1270 crore versus Rs 1366 crore
* EBITDA expected to be seen at Rs 348 crore versus Rs 324 crore
* EBITDA margin expected to be seen at 27.40 % versus 23.77%
* Net profit expected to be seen at Rs 135 crore versus Rs 133 crore

*DEEPAKNTR*
* Revenue expected at Rs 2168 crore versus Rs 1778 crore
* EBITDA expected to be seen at Rs 314 crore versus Rs 302 crore
* EBITDA margin expected to be seen at 14.48% versus 17.00%
* Net profit expected to be seen at Rs 208 crore versus Rs 205 crore

*EICHERMOT*
* Revenue expected at Rs 4398 crore versus Rs 4114 crore
* EBITDA expected to be seen at Rs 1174 crore versus Rs 1087 crore
* EBITDA margin expected to be seen at 26.69% versus 26.42%
* Net profit expected to be seen at Rs 1081 crore versus Rs 1016 crore

*GRSE*
* Revenue expected at Rs 924 crore versus Rs 897 crore
* EBITDA expected to be seen at Rs 60 crore versus Rs 48 crore
* EBITDA margin expected to be seen at 6.49% versus 5.43%
* Net profit expected to be seen at Rs 86 crore versus Rs 80 crore

*IDEA*
* Revenue expected at Rs 11238 crore versus Rs 10716 crore
* EBITDA expected to be seen at Rs 4732 crore versus Rs 4282 crore
* EBITDA margin expected to be seen at 42.11% versus 39.97%
* Net profit expected to be seen at Rs -6293 crore versus Rs -8737 crore

*PIIND*
* Revenue expected at Rs 2281 crore versus Rs 2116 crore
* EBITDA expected to be seen at Rs 631 crore versus Rs 551 crore
* EBITDA margin expected to be seen at 27.66% versus 26.05%
* Net profit expected to be seen at Rs 473 crore versus Rs 480 crore

*SUNTV*
* Revenue expected at Rs 917 crore versus Rs 1048 crore
* EBITDA expected to be seen at Rs 549 crore versus Rs 727 crore
* EBITDA margin expected to be seen at 59.87% versus 69.42%
* Net profit expected to be seen at Rs 449 crore versus Rs 464 crore

*THERMAX*
* Revenue expected at Rs 2588 crore versus Rs 2302 crore
* EBITDA expected to be seen at Rs 233 crore versus Rs 204 crore
* EBITDA margin expected to be seen at 9.00% versus 8.88%
* Net profit expected to be seen at Rs 176 crore versus Rs 157 crore

*TORNTPOWER*
* Revenue expected at Rs 7080 crore versus Rs 6960 crore
* EBITDA expected to be seen at Rs 1333 crore versus Rs 1221 crore
* EBITDA margin expected to be seen at 18.83% versus 17.54%
* Net profit expected to be seen at Rs 574 crore versus Rs 525 crore


*Q2FY25 EARNING CALENDAR 14.11.2024*

AHLUCONT, BAJEL, BALAMINES, BANARISUG, *BDL*, BBTC, *BHARATFORG*, BLUECLOUDS, CAPACITE, CROMPTON, DBREALTY, DELHIVERY, EASEMYTRIP, *EIDPARRY*, EKC, FIRSTCRY, FMGOETZE, GARFIBRES, *GLENMARK*, *GRASIM*, GREENPOWER, GRWRHITECH, GUFICBIO, *HAL*, *HEROMOTOCO*, HGS, HINDOILEXP, HMT, HONASA, HONDAPOWER, HUBTOWN, IGARASHI, IOLCP, *IPCALAB*, ITI, JAMNAAUTO, JINDALPOLY, JTEKTINDIA, JYOTICNC, KESAR, KIRLOSIND, *LEMONTREE*, LSIND, MANGLMCEM, MEDANTA, MEDIASSIST, MTNL, *MUTHOOTFIN*, NAVA,

*Economic Calendar – 13.11.2024*


*19.00 U.S. CPI m/m (Expected: 0.2% versus Previous: 0.2%)*

20.15 U.S. FOMC Member Logan Speaks

23.30 U.S. FOMC Member Musalem Speaks

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Govt may relax quarterly spending limits to meet FY25 capex target
📝 India's thermal coal imports hit 15-month low amid lower power demand
📝 Air India-Vistara merger complete; new entity to run 5,600+ weekly flights
📝 Metropolis Healthcare plans to expand reach to 1,000 towns in 18 months
📝 India dispatches first Akash air defence missile battery for export: BEL
📝 India to reduce laptop imports 5% annually from 2025, boost local output
📝 India aiming to become drone hub of world: Defence Minister Rajnath Singh
📝 PMO launches new maritime strategy, to infuse funds into port sector
📝 Unicommerce announces acquiring e-commerce technology platform Shipway
📝 Awfis to design, manage 165K sq ft office space for NSE in Mumbai
📝 India leads global IPOs, raising $4.3 bn in Q3 2024: Tax impact decoded
📝 India looks to establish standardised negotiation process for trade deals
📝 Targets unchanged a year after deal on tripling renewables by 2030: Report

*Economic Times*

📝 BHEL to set up NTPC's Telangana super critical thermal power plant
📝 DBS Bank nominates Rajat Verma to be next India CEO, sources say
📝 Government mulls 5% cut in electronics imports to boost domestic production from FY25: sources
📝 Biofuel blending on track, saved Rs 91,000 Cr in import bills, says Petroleum Minister Puri
📝 India's industrial production rebounds to 3.1% in September from 0.1% contraction in August
📝 B2B startup StampMyVisa raises Rs 6.6 crore from Unicorn India Ventures
📝 Jubilant FoodWorks outpacing QSR sector as market share gains driving stock surge: Abneesh Roy
📝 MTNL defaults on Rs 1,000 crore loan, Bank of India makes provision
📝 Nestle, P&G investigate palm oil sourced from illegally cleared Indonesian wildlife reserve
📝 State Bank of India unit to raise Rs 2,000 crore for climate fund
📝 Goldman Sachs looks to join hands with Bhartias of Jubilant for HCCB stake buy, to finance upto Rs 3500 cr

*Mint*

📝 Profit of Indian public sector banks jumps 35.4% to ₹45,550 crore in Q2
📝 Reliance-Disney merger: JioStar website goes live amid JioHotstar domain saga
📝 Hyundai India Q2 net profit falls 16%, revenue drops 8% YoY
📝 Public sector banks grew 11% in first half of FY25, finance ministry data shows
📝 NTPC Green Energy targets $12 billion valuation for upcoming IPO
📝 SoftBank posts $7.7 billion profit on India's IPO market boom, tech gains
📝 Demat accounts reach 179 mn; new additions fall to 3.5 mn in October
📝 SAIL’s growth outlook dims amid lack of near-term capex plans
📝 IDFC First Bank introduces upfront joining fee for Mayura and Ashva cards
📝 Meta to offer ‘less personalized ads’ in concession to EU
📝 Starlink addressing govt concerns for India operations: Jyotiraditya Scindia
📝 Merchandise exports to hit $107.5 billion in Q3: India Exim Bank

https://whatsapp.com/channel/0029Va9j9KF1iUxhmYEd6x3X

Stocks in news

#DREAMFOLKS Q2: CONS NET PROFIT DOWN 9% AT 16.02CR (YOY), DOWN 7% (QOQ)

REVENUE UP 12% AT 316.85CR (YOY) , DOWN 1% (QOQ)

EBITDA DOWN 5% AT 23.07CR (YOY), UP 1%(QOQ)

MARGINS 7.28% V 8.6% (YOY), 7.13% (QOQ)

#RELAXO FOOTWEAR Q2: NET PROFIT DOWN 17% AT 36.73CR (YOY), DOWN 17% (QOQ)

REVENUE DOWN 5% AT 679CR (YOY) , DOWN 9% (QOQ)

EBITDA DOWN 4% AT 87.66CR (YOY), DOWN 11%(QOQ)

MARGINS 12.9% V 12.79% (YOY), 13.22% (QOQ)

#PURAVANKARA Q2: CONS NET LOSS AT 19.88CR V 11.46CR LOSS (YOY), V 15.09CR PROFIT (QOQ)

REVENUE UP 35% AT 495.5CR (YOY) , DOWN 25% (QOQ)

EBITDA UP 29% AT 112CR (YOY), DOWN 14%(QOQ)

MARGINS 22.59% V 23.57% (YOY), 19.82% (QOQ)

#MANGALAM ORGANICS Q2: CONS NET PROFIT UP 203% AT 2.12CR (YOY), UP 27% (QOQ)

REVENUE DOWN 18% AT 138.32CR (YOY) ,UP 17% (QOQ)

EBITDA UP 28% AT 12.34CR (YOY), UP 14%(QOQ)

MARGINS 8.92% V 5.70% (YOY), 9.20% (QOQ)

#PREMIERENERGIES Q2 :CONS NET PROFIT UP 288 % AT 205 CR (YOY),UP 4 % (QOQ)

REVENUE UP 120 % AT 1527 CR (YOY) ,DOWN 8 % (QOQ)

EBITDA UP 284 % AT 381 CR (YOY),UP 6%(QOQ)

MARGINS AT 24.95 % V 14.3% (YOY), 21.65 % (QOQ)

VISHNU PRAKASH Q2 : NET PROFIT UP 12 % AT 23.7 CR (YOY),UP 61 % (QOQ)

REVENUE UP 13 % AT 334.8 CR (YOY) ,UP 31 % (QOQ)

EBITDA UP 27 % AT 48.6 CR (YOY),UP 45 %(QOQ)

MARGINS AT 14.51 % V 12.95 % (YOY), 13.06% (QOQ)
#VPRPL

#ALEMBIC Q2: CONS NET PROFIT UP 33% AT 121CR (YOY), UP 117% (QOQ)

REVENUE UP 64% AT 53CR (YOY) ,UP 4% (QOQ)

EBITDA UP 93% AT 19.57CR (YOY), DOWN 4%(QOQ)

MARGINS 37% V 31.44% (YOY), 40.17% (QOQ)

#ORIENTCEMENT Q2: CONS NET PROFIT DOWN 91% AT 2.32CR (YOY), DOWN 94% (QOQ)

REVENUE DOWN 25% AT 544CR (YOY) , DOWN 22% (QOQ)

EBITDA DOWN 49% AT 44.2CR (YOY), DOWN 54%(QOQ)

MARGINS 8.12% V 12% (YOY), 13.78% (QOQ)

#ANUHPAHRMA Q2: CONS NET PROFIT UP 9% AT 15.04CR (YOY), UP 58% (QOQ)

REVENUE UP 11% AT 166CR (YOY) ,UP 20% (QOQ)

EBITDA DOWN 6% AT 16.87CR (YOY), UP 60%(QOQ)

MARGINS 10.16% V 11.99% (YOY), 7.66% (QOQ)

#WELSPUNCORP Q2: CONS NET PROFIT DOWN 27% AT 282.9CR (YOY), UP 14% (QOQ)

REVENUE DOWN 19% AT 3301.8CR (YOY) ,UP 5% (QOQ)

EBITDA FLAT AT 399.6CR (YOY), UP 7%(QOQ)

MARGINS 12.10% V 9.84% (YOY), 11.92% (QOQ)

POWER FINANCE CORP: Q2 SL NET PROFIT 43.7B RUPEES VS 38.47B (YOY)

POWER FINANCE CORP: Q2 REVENUE 132B RUPEES VS 117.87B (YOY)

VEDANTA: Q2 CONS NET PROFIT 43B RUPEES VS LOSS 17.8B (YOY)

BIG BEAT YOY

OLA ELECTRIC MOBILITY LTD Q2EARNINGS -
REVENUE - ₹1214 cr. Vs ₹873cr.YoY
NET LOSS for the period ₹495cr. in comparison to 524 cr.YoY

Ola Electric Q2 Highlights (Consolidated, YoY)
Revenue up 39% at Rs 1,214 crore versus Rs 873 crore.
Ebitda loss of Rs 379 crore Ebitda loss of Rs 435 crore.
Net loss of Rs 495 crore versus loss of Rs
524 crore.

Tata Motors
Profit Down 10%

Tata Motors Q2 Highlights (Consolidated, YoY)
Revenue down 3.5% At Rs 1.01 lakh crore versus Rs 1.05 lakh crore
Ebitda down 14.2% at Rs 11,736 crore versus Rs 13,676 crore
Ebitda margin at 11.6% versus 13%
Net profit down 10% at Rs 3,450 crore versus Rs 3,832 crore

TATA MOTORS Q2 : NET PROFIT DOWN 11 % TO 3343 CR YOY,

REVENUE DOWN 3 % AT 1.01 LKH CR (YOY) ,DOWN 6 % (QOQ)

EBITDA DOWN 12 % AT 12,159 CR (YOY),DOWN 23 %(QOQ)

MARGINS AT 11.98 % V 13.1 % (YOY), 14.6 % (QOQ)

MISSES ESTIMATES

OLA ELECTRIC Q2 :CONS NET LOSS AT 495 CR V 525 CR LOSS (YOY), 347 CR LOSS (QOQ)

REVENUE UP 39 % AT 1215 CR (YOY) ,DOWN 26 % (QOQ)

EBITDA LOSS AT 379 CR V 435 CR LOSS (YOY), 205 CR LOSS (QOQ)

MARGINS AT -31.2 % V-49.8 % (YOY), -12.4 % (QOQ)

JUPITER WAGONS Q2: CONS NET PROFIT UP 9% AT 89.73CR (YOY), DOWN 2% (QOQ)

REVENUE UP 15% AT 1009CR (YOY) ,UP 15% (QOQ)

EBITDA UP 16% AT 139.43CR (YOY), UP 2%(QOQ)

MARGINS 13.82% V 13.72% (YOY), 15.53% (QOQ)

AARTI IND Q2 :CONS NET PROFIT DOWN 43 % AT 52 CR (YOY),DOWN 62 % (QOQ)

REVENUE UP 12 % AT 1628 CR (YOY) ,DOWN 12 % (QOQ)

EBITDA DOWN 15 % AT 197 CR (YOY),DOWN 36 %(QOQ)

MARGINS AT 12.1 % V 16.02 % (YOY), 16.5 % (QOQ)

B&A PACKING Q2: NET PROFIT DOWN 49% AT 2.29CR (YOY), DOWN 34% (QOQ)

REVENUE UP 1% AT 35.84CR (YOY) ,UP 4% (QOQ)

EBITDA DOWN 36% AT 4.32CR (YOY), DOWN 12%(QOQ)

MARGINS 12.05% V 19.12% (YOY), 14.27% (QOQ)

Here are some cues to watch out for!

Here's how the commodities have fared overnight!📈

🇺🇸 Markets on Wednesday
#Dowjones -0.2%
#Nasdaq -0.56%
S&P500 -0.33%

Earnings today
a. Alphabet +3% 🚀
Google parent exceeded analysts’ expectations
Saw strong quarterly revenue growth from its cloud business

b. Chipmaker AMD -10% 🙁
4th quarter revenue guidance failed to impress investors

c. Super Micro Computer -33% 👎
Departure of the company’s auditor raised concerns about its financial statements

🇺🇸 Economic Data
a. U.S. economy grew at a slower-than-expected rate in the 3rd quarter
-GDP rose at an annualized rate of 2.8% vs expectations of 3.1%
b. Payrolls data pointed to a stronger-than-expected labor market
-ADP report for October indicated private-job creation jumped to its highest level in more than a year

Other Asset Classes
🇺🇸 10 year yield 4.29%
🪙 Gold $2,789/ounce
💲 Dollar Index 104.1
⛽️ Brent Crude $72.55/barrel
💸 Bitcoin 72142$

*🇮🇳India Daybook – Stocks in News*


*Yatharth Hospital:* Company acquires 60% stake in MGS Infotech for ₹91.2 cr. (Positive)

*Brigade Ent:* Brigade Hotel Ventures filed draft red herring prospectus for IPO. (Positive)

*Adani Power:* Company has entered into a Power Supply Agreement for supply of 1,496 MW for a period of 25 years with the Maharashtra State Electricity Distribution Company (Positive)

*Adani Green:* Company has entered into power purchase agreements with Maharashtra State Electricity Distribution Company for supply of 5 GW (5,000 MW) solar power (Positive)

*Biocon:* Biologics’ Drug Substance Facility in Bengaluru Classified as Voluntary Action Indicated (Positive)

*Rail Vikas:* Company got LOA for project worth Rs 2.84 billion (Positive)

*Zaggle:* Company has entered into an agreement with Dr Batra''s Positive Healthcare Private Limited (Positive)

*EPL Ltd:* PE firm Blackstone mulls strategic review of its invests in EPL Ltd, If strategic review proceeds it would likely be full stake sale via M&A: Moneycontrol (Positive)

*Real Estate Stocks:* Registration of properties in Mumbai rises in Diwali 2024 month; over 12,500 units registered: Anarock (Positive)

*KRN Heat Exchanger:* Net profit at Rs 12.3 cr vs Rs 8.6 cr, Revenue at Rs 91 cr vs Rs 71 cr (YoY) (Positive)

*Dlink:* Net profit at Rs 27 cr vs Rs 24 cr, Revenue at Rs 336 cr vs Rs 308 cr (YoY) (Positive)

*Sunita Tools:* Net profit at Rs 3.4 cr vs Rs 1.6 cr, Revenue at Rs 15 cr vs Rs 8 cr (YoY) (Positive)

*Mangalam Global:* Net profit at Rs 5.6 cr vs Rs 0.96 cr, Revenue at Rs 562 cr vs Rs 440 cr (YoY) (Positive)

*Indraprashta Medical:* Net profit at Rs 42.4 cr vs Rs 32.8 cr, Revenue at Rs 350 cr vs Rs 317 cr (YoY) (Positive)

*Aeroflex Ind:* Net profit at Rs 13.6 cr vs Rs 11.6 cr, Revenue at Rs 93.5 cr vs Rs 84.0 cr (YoY) (Positive)

*L&T:* Net profit at Rs 3395 cr vs Rs 3223 cr, Revenue at Rs 61555 cr vs Rs 51024 cr (YoY) (Positive)

*Kwality Pharma:* Net profit at Rs 12.6 cr vs Rs 8.2 cr, Revenue at Rs 90.0 cr vs Rs 69.7 cr. (YoY) (Positive)

*Mirc:* Net profit at Rs 1.4 cr vs loss Rs 6.4 cr, Revenue at Rs 150 cr vs Rs 193 cr. (YoY) (Positive)

*DCM Shriram:* Net profit at Rs 63.0 cr vs Rs 32.0 cr, Revenue at Rs 3130 cr vs Rs 2825 cr. (YoY). (Positive)

*HCC:* Net Profit at Rs 63.9 cr vs loss Rs 2.8 cr, Revenue at Rs 1350 cr, down 23 percent. (YoY) (Positive)

*Panchmahal Steel:* Net profit at Rs 1.8 cr vs Rs 0.7 cr, Revenue at Rs 99 cr vs Rs 119 cr (YoY) (Neutral)

*TCI Express:* Net profit at Rs 26.3 cr vs Rs 35.6 cr, Revenue at Rs 310 cr vs Rs 320 cr (YoY) (Neutral)

*IRB Infra:* Net profit at Rs 99.9 cr vs Rs 95.7 cr, Revenue at Rs 1580 cr vs Rs 1745 cr (YoY) (Neutral)

*Tata Power:* Net profit at Rs 926.5 cr vs Rs 875.5 cr, Revenue at Rs 15,697 cr vs Rs 15,738 cr (YoY) (Neutral)

*Automative Axles:* Net profit at Rs 36.0 cr vs Rs 34.0 cr, Revenue at Rs 490 cr vs Rs 580 cr (YoY) (Neutral)

*Protean:* Net profit at Rs 28 cr vs Rs 32.8 cr, Revenue at Rs 220 cr vs Rs 236 cr (YoY) (Neutral)

*Bharti Airtel:* Bharti Telecom planning about Rs 11,200 Cr Non-convertible debentures sale (Neutral)

*IT Stocks:* Cognizant beats quarterly profit estimates on gradual recovery in IT services demand, however Cognizant is trading with marginal gains (Neutral)

*Zaggle Prepaid:* Company Board approves fund raise of up to Rs 950 cr via QIP (Neutral)

*Zydus Wellness:* Company to acquire 100% stake in Naturell (India) Pvt ltd, a strategic leap into healthy consumer snacking space, deal for Rs 3.69 billion (Neutral)

*Biocon:* Net loss at Rs 16 cr vs Net Profit Rs 125.6 cr, Revenue at Rs 3590 cr vs Rs 3462 cr (QoQ) (Negative)

*Kiocl:* Net loss at Rs 69.2 cr vs Rs 21.4 cr, Revenue at Rs 15.9 cr vs Rs 430 cr (YoY) (Negative)

*Dabur:* Net Profit at Rs 418 Cr Vs poll Rs 446 Cr, Revenue at Rs 3029 Cr Vs Rs 3042 Cr (YoY) (Negative)🌹

Money Market

The Indian rupee closed little changed against the US dollar on Wednesday, aided by intervention by the Reserve Bank of India amid continued overseas fund outflows from domestic stocks. The local currency ended trading at Rs 84.086, compared to the previous day's close of Rs 84.075, according to Bloomberg data.

Stocks To Watch

Rail Vikas Nigam Ltd.: The company has received letter of acceptance worth Rs 284 crore for construction work from east coast railway.

Adani Green: The company’s unit has entered into power purchase agreements with Maharashtra State Electricity Distribution Co. for supply of 5 GW solar power.

Ujjivan Small Finance Bank: S Balakrishna Kamath to take charge as chief financial officer of the bank effective Dec. 5.

Sonata Software: The company has signed pact with a Fortune 50 American multinational technology conglomerate for global retail operations.

Biocon: The pharma company's drug substance facility in Bengaluru has been classified as voluntary action indicated by the US FDA.

Zydus Wellness: The company to acquire 100% stake in Naturell (India) for Rs 390 crore in a strategic leap into healthy consumer snacking space.

Aditya Birla Fashion: The company has received no objection from bourses on scheme of arrangement.

Tata Power: The company filed insurance claim worth Rs 221 crore for damages incurred due to dire incident in September and received Rs 50 crore advance, final settlement to be determined on completion of assessment.

Jupiter Wagons: The company’s arm Jupiter Electric Mobility acquired Log9’s Railway and electric truck battery divisions.

Allcargo Terminals: The company has executed pact with Aseem Infrastructure Finance and Axis Trustee Services for term loan worth Rs 140 crore.

Trading Tweaks

Ex/record dividend: Dodla Dairy, Godrej Consumer Products, RR Kabel, Birlasoft, Tech Mahindra, Balkrishna Industries, TCI Express, Supreme Petrochem, NTPC, Bhansali Engineering.

Ex/record AGM: ITI.

Moved out short term ASM: Kalyani Investment Co.

Moved in short term ASM: Syrma SGS Technology, CARE Ratings, Deepak Fertilizers and Petrochemicals Corp., Tara Chand InfraLogistic Solutions.

Securities in ban period:

IDFC First Bank,
India Mart Intermesh,
PNB,
RBL Bank

Dow -92
Nasdaq - 105
Dax - 221
Nikkei -265
Hangseng +89
Gift Nifty - 64(24303)
Dowfut + 12
Nasdaqfut -81
Crude Oil 72.5
Dollar Index 104.06

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Dhanteras festivities spark Rs 60,000 cr sales; China faces Rs 1.25 tn loss
📝 BP profit slumps to $2.3 bn on weak refining margins, oil trading results
📝 JSW Energy emerges as top bidder for bankrupt KSK Mahanadi Power Company
📝 McDonald's global sales fall more than expected on muted demand: Report
📝 Zinc raises $25.5 million in seed funding from Nexus Venture Partners
📝 RBI's domestically-held gold reserves jump 510.46 MT by end-September
📝 Coal, Power ministries plan winter coordination to prevent power shortages
📝 Indonesia plans to import 1 million tonnes of rice from India in 2025
📝 NFRA likely to notify revised audit standards soon amid ICAI concerns
📝 Jio Financial Services launches SmartGold for digital gold purchase
📝 Swiggy raises primary issuance to Rs 4,499 cr, cuts OFS to 175.1 mn shares
📝 From Ayurveda to AIIMS, PM Modi launches Rs 12,850 cr healthcare projects
📝 China power demand growing faster than expected: Industry association

*Economic Times*

📝 TCS signs $245 million 15-year deal to transform Ireland’s pension system
📝 Robust prices, resilient domestic demand to drive performance of domestic base metal Cos in FY'25
📝 Transformers and Rectifiers (India) gets orders worth Rs 270 cr from Adani Energy, 3 others
📝 Finova Capital secures Rs 1,135 crore from Avataar Venture Partners, Sofina, Madison India others
📝 Amazon Pay India reports Rs 2,286 crore revenue for FY24, cuts losses by 39%
📝 Govt asks manufacturers to cut price of 3 anti-cancer drugs
📝 Trai extends deadline on traceability mandate to December 1
📝 Cashfree Payments receives prepaid payment instrument licence from RBI
📝 Realty developer Anant Raj to raise up to Rs 2,000 crore via QIP
📝 Lockton gets IRDAI nod to buy Arihant Insurance Broking
📝 Robust prices, resilient domestic demand to drive performance of domestic base metal Cos in FY'25
📝 Tata Power Renewable Energy, IndusInd Bank partner to provide finance for solar projects

*Mint*

📝 Maruti Suzuki Q2 Results: Net profit at ₹3,069 crore, revenue flat YoY
📝 Canara Bank Q2 result: Net profit rises 11% YoY to ₹4,014 crore; NPA improves
📝 Syrma SGS Technologies targets $1 billion revenue by FY27
📝 Govt to impose penalties on GE Electric over delay in delivery of fighter jet en
📝 HDFC, Kotak among banks facing surge in default from over-leveraged debtors
📝 NSE cash volumes sink to six-month low ahead of Sebi’s F&O curbs
📝 Coal India banks on upcoming power plants to accelerate growth
📝 Jio Financial Services get RBI nod for online payment aggregator business
📝 Apple's iPhone exports from India soar amid push to reduce dependence on China
📝 Small-business lender Finova Capital raises $135 mn to expand loan book
📝 JSW Steel ties up with South Korea's POSCO on steel plant, EV batteries and more
📝 Razorpay's payment gateway business clocks ₹2,068 crore in revenue for FY24

*Economic Calendar – 30.10.2024*


*TENT U.K. Autumn Forecast Statement*

*17:45 U.S. ADP Non-Farm Employment Change (Expected: 110K versus Previous: 143K)*

*18:00 U.S. Advance GDP q/q (Expected: 3.0% versus Previous: 3.0%)*

*19:30 U.S. Pending Home Sales m/m (Expected: 1.9% versus Previous: 0.6%)*

*Q2FY25 EARNING CALENDAR 30.10.2024*

*ABCAPITAL*, AEROFLEX, AIAENG, *BIOCON*, CARBORUNIV, CENTRUM, *DABUR*, DCMSHRIRAM, DLINKINDIA, ELECTCAST, GRINDWELL, IRB, KIOCL, *LT*, *NIACL*, *PGHH*, ROSSELLIND, SHALBY, *TATAPOWER*, TTKPRESTIG, VTL, WPIL

*BIOCON*
* Revenue expected at Rs 3621 crore versus Rs 3462 crore
* EBITDA expected to be seen at Rs 718 crore versus Rs 899 crore
* EBITDA margin expected to be seen at 19.83% versus 25.98%
* Net profit expected to be seen at Rs 45 crore versus Rs 149 crore

*DABUR*
* Revenue expected at Rs 3053 crore versus Rs 3203 crore
* EBITDA expected to be seen at Rs 557 crore versus Rs 661 crore
* EBITDA margin expected to be seen at 18.24% versus 20.64%
* Net profit expected to be seen at Rs 420 crore versus Rs 515 crore

*LT*
* Revenue expected at Rs 58364 crore versus Rs 51024 crore
* EBITDA expected to be seen at Rs 14919 crore versus Rs 6176 crore
* EBITDA margin expected to be seen at 25.56% versus 12.10%
* Net profit expected to be seen at Rs 7562 crore versus Rs 3222 crore

*TATAPOWER*
* Revenue expected at Rs 16381 crore versus Rs 15738 crore
* EBITDA expected to be seen at Rs 3024 crore versus Rs 3091 crore
* EBITDA margin expected to be seen at 18.46% versus 19.64%
* Net profit expected to be seen at Rs 921 crore versus Rs 875 crore


*Q2FY25 EARNING CALENDAR 31.10.2024*

BFUTILITIE, LASTMILE, NH, TATAINVEST

*🇮🇳India Daybook – Stocks in News*


*Garden Reach Ship:* Company signed contract with the naval physical and oceanographic laboratory for an acoustic research ship, deal for Rs 4.91 billion (Positive)

*NTPC:* Third part capacity of solar PV project in Rajasthan of unit declared on commercial operation (Positive)

*Shriram Properties:* Company signs JDA for a prime 6-acre land parcel in Pune, project has aggregate revenue potential of approx. Rs 700 – Rs 750 crores (Positive)

*NHPC:* Company has successfully commissioned the full 88 MW capacity of the Omkareshwar Floating Solar Power Plant. (Positive)

*Patel Eng:* Approved sale of 9.99% stake in Welspun Michigan Engineers, worth Rs 100 Cr (Positive)

*RITES:* Company and SAIL-BSL sign MoU for consultancy works (Positive)

*Kaynes Technology:* Net profit at Rs 85 cr vs Rs 39 cr, Revenue at Rs 572 cr vs Rs 361 cr (YoY) (Positive)

*Thirumalai Chem:* Net profit at Rs 4.89 cr vs loss Rs 6 cr, Revenue at Rs 525 cr vs Rs 542 cr (QoQ) (Positive)

*AVP Infra:* Net profit at Rs 12.8 cr vs Rs 7.3 cr, Revenue at Rs 109 cr vs Rs 66 cr (YoY) (Positive)

*Kingfa Science:* Net profit at Rs 37.2 cr vs Rs 29.6 cr, Revenue at Rs 420 cr vs Rs 351 cr (YoY) (Positive)

*T D Power Systems:* Net profit at Rs 41.2 cr vs Rs 32.8 cr, Revenue at Rs 300 cr vs Rs 270 cr (YoY) (Positive)

*Glaxosmithkline:* Net profit at Rs 250 cr vs Rs 220 cr, Revenue at Rs 1000 cr vs Rs 960 cr (YoY) (Positive)

*Hitachi Energy:* Net profit at Rs 52.3 cr vs Rs 24.7 cr, Revenue at Rs 1553.7 cr vs Rs 1228 cr (YoY) (Positive)

*Marico:* Net profit at Rs 423 cr vs Rs 360 cr, Revenue at Rs 2664 cr vs Rs 2476 cr (YoY) (Positive)

*GSK Pharma:* Net profit at Rs 252.5 cr vs Rs 217.5 cr, Revenue at Rs 1011 cr vs Rs 957 cr. (YoY) (Positive)

*Voltas:* Net profit at Rs 132.8 cr vs Rs 35.6 cr, Revenue at Rs 2619 cr vs Rs 2292 cr. (YoY). (Positive)

*Capri Global:* Net profit up 48.7% at ₹97 cr vs ₹65.2 cr, NII up 22.3% at ₹305 cr vs ₹249.3 cr (YoY) (Positive)

*Laxmi Org:* Net profit at Rs 28.1 cr vs Rs 10.7 cr, Revenue at Rs 771 cr vs Rs 652 cr. (YoY) (Positive)

*Motisons:* Net Profit at Rs 10.4 cr vs Rs 5.2 cr, Revenue at Rs 110 vs Rs 90.1 cr. (YoY) (Positive)

*Updater:* Net profit at Rs 28 cr vs Rs 9 cr, Revenue at Rs 680 cr vs Rs 600 cr. (YoY) (Positive)

*HCC:* Net Profit at Rs 63.9 cr vs loss Rs 2.8 cr, Revenue at Rs 1350 cr, down 23 percent. (YoY) (Positive)

*Honeywell Automation:* Net profit at Rs 115 cr vs Rs 122 cr, Revenue at Rs 1024 cr vs Rs 1104 cr (YoY) (Neutral)

*MTAR Tech:* Net profit at Rs 18.7 cr vs Rs 20.4 cr, Revenue at Rs 190 cr vs Rs 167 cr (YoY) (Neutral)

*Silver Touch:* Net profit at Rs 4.4 cr vs Rs 3.6 cr, Revenue at Rs 74.0 cr vs Rs 51.5 cr (YoY) (Neutral)

*GHCL:* Net profit at Rs 154.8 cr vs Rs 142.8 cr, Revenue at Rs 792.8 cr vs Rs 806.1 cr (YoY) (Neutral)

*KCP Sugar:* Net profit at Rs 20.2 cr vs Rs 27.9 cr, Revenue at Rs 73.7 cr vs Rs 93.5 cr (YoY) (Neutral)

*Godrej Agrovet:* Net profit at Rs 95.8 cr vs Rs 104 cr, Revenue at Rs 2448.8 cr vs Rs 2566.7 cr (YoY) (Neutral)

*Aarti Pharma labs:* Net profit at Rs 54.6 cr vs Rs 51.8 cr, Revenue at Rs 460 cr vs Rs 440 cr. (YoY) (Neutral)

*Concor:* Net profit at ₹366.3 cr vs ₹368.5 cr, Revenue at ₹2,287.7 cr vs ₹2,195 cr (YoY) (Neutral)

*Prestige:* Net profit at ₹192.2 cr vs ₹851 cr, Revenue at ₹2,304.4 cr vs ₹2,236.4 cr (YoY) (Neutral)

*Welspun Ent:* Net profit at ₹70 cr vs ₹65 cr, Revenue at ₹788.5 cr vs ₹645.7 cr (YoY) (Neutral)

*Redington:* Net profit at ₹293 cr vs ₹303.5 cr, Revenue up 12% at ₹24,895.6 cr vs ₹22,220 cr (YoY) (Neutral)

*PDS:* Net profit at Rs 71.8 cr vs Rs 65.0 cr, Revenue at Rs 3306 cr vs Rs 2463 cr (YoY) (Neutral)

*Somany:* Net profit at Rs 17.1 cr vs Rs 29 cr, Revenue at Rs 660 cr vs Rs 650 cr (YoY) (Neutral)

*Star Health:* Net profit at Rs 111 cr vs Rs 125 cr, Revenue at Rs 4371 cr vs Rs 3732 cr (YoY)) (Neutral)

*Reliance Industries:* Acquisition of 100% stake in Faradion by reliance new energy solar, Company acquired balance equity stake from existing shareholders of Faradion (Neutral)

Zee business traders dairy

CNBC awaz 20-20

Technical learning post

"Stop saying "I wish"
Start saying "I will"

Telegram id -
https://t.me/motivationfeel

*Marico Ltd.* | *CMP* Rs. 628 | *M Cap* Rs. 81271 Cr | *52 W H/L* 720/486
(Nirmal Bang Retail Research)
*Result is broadly in-line with expectations*
Revenue from Operations came at Rs. 2664 Cr (0.8% QoQ, 7.6% YoY) vs expectation of Rs. 2684.2 Cr, QoQ Rs. 2643 Cr, YoY Rs. 2476 Cr
EBIDTA came at Rs. 522 Cr (-16.6% QoQ, 5% YoY) vs expectation of Rs. 530.1 Cr, QoQ Rs. 626 Cr, YoY Rs. 497 Cr
EBITDA Margin came at 19.6% vs expectation of 19.7%, QoQ 23.7%, YoY 20.1%
Adj. PAT came at Rs. 423 Cr vs expectation of Rs. 389.3 Cr, QoQ Rs. 464 Cr, YoY Rs. 353 Cr
Quarter EPS is Rs. 3.3
Stock is trading at P/E of 43.6x FY26E EPS