STOCK MARKET NEWS UPDATES @share_market_news Channel on Telegram

STOCK MARKET NEWS UPDATES

@share_market_news

Sauda Pakka Hai trading agency
in this channel you will get important news updates related to share market.

STOCK MARKET NEWS UPDATES (English)

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STOCK MARKET NEWS UPDATES

20 Feb, 06:57

Mercedes-Benz: Expects group revenue in 2025 to be slightly below the prior-year level

Expects group revenue in 2025 to be slightly below the prior-year level
More

Group free cash flow from the industrial biz is seen significantly below the strong level of 2024
Post

Group EBIT is expected to be significantly below the previous year's level
35
STOCK MARKET NEWS UPDATES

20 Feb, 06:56

JUBILANT FOODWORKS Says See Growth Potential In Domino's Pizza Business

Turkey Business Is The Least-Understood Part Of Our Operations

Domino's Pizza Has Tailwinds Form Pizza Business, Competition - NDTV PROFIT
35
STOCK MARKET NEWS UPDATES

20 Feb, 05:45

Vedanta demerger receives approval from shareholders, creditors

The demerger was approved by 99.99% of shareholders, 99.59% of the secured creditors, and 99.95% of unsecured creditors of Vedanta Limited who voted in favour of the demerger, as per the stock exchange filing made by the company.

4 companies will be demerged from Vedanta Ltd and shareholders of Vedanta will get 1 share of 4 newly demerged companies for each share held in Vedanta Ltd on record date.

After demerger process Vedanta will have 5 companies

1. Vedanta Ltd.
2. Vedanta Aluminium Ltd.
3. Vedanta Oil & Gas Ltd.
4. Vedanta Power Ltd.
5. Vedanta Steel and Ferrous Materials Ltd.
57
STOCK MARKET NEWS UPDATES

20 Feb, 05:45

ZAGGLE PREPAID Says Partnership With Google Via Redington, Savings For Employees Will Be Upwards Of 10%

Target Segment Is Large Enterprises

Enjoy Healthy Margins In Large Enterprises Segment - ETNOW
51
STOCK MARKET NEWS UPDATES

20 Feb, 04:59

AUTO; Sources Says India's Auto PV Segment To Grow 1-2% In FY26, SUVs To Be The Bright Spot With 8% Growth

Leading Vehicle OEMs Shared Their Outlook For FY26 In A Closed Door Industry Meeting

Maruti Expects 1-1.5% Growth In Overall Industry PV Sales In FY26

Hyundai Expects 1-1.5% Growth In Overall Industry PV Sales In FY26

Tata Motor's Expects 2-4% Growth In Overall Industry PV Sales In FY26

M&M Expects 1-2% Growth In Overall Industry PV Sales In FY26 & 8% Growth In UV Sales
52
STOCK MARKET NEWS UPDATES

20 Feb, 04:59

BSE : Sources Says Nse Clearing Have Asked BSE To Contribute ₹104 Cr To Settlement Guarantee Fund (SGF) - CNBCTV18

NSE Clearing's Fresh Demand Follows Stress Test Conducted On Jan 25

Alert: NSE Clearing Is The Clearing House Of The NSE

NSE Clearing Has Set A Deadline Of February 28 For Payment
49
STOCK MARKET NEWS UPDATES

20 Feb, 04:57

MGL Says Gas Reallocation Was Restored Back To 51% In Jan From Previous Approx 30% For CNG - CNBCTV18

Impact Of Gas Reallocation In Oct-Nov Was 6/scm

If India Has To Import More US LNG, It Will Be A Good Scenario For US Due To Henry Hub Pricing

100% Of Supplied Piped Gas Is Through MGL In Commercial Places

Affordability & Accessibility To The Smaller Eateries & Restaurants Is Key
44
STOCK MARKET NEWS UPDATES

20 Feb, 04:57

Govt plans minority stake sale in 5-6 PSUs during FY26

• Stake sales through OFS route preferred for disinvestment in current circumstances

• Stock market conditions to be considered before CPSE OFS announcement

• Focus remains on fair value based on market conditions

• Sufficient gap between two OFS planned for better market response

• OFS likely for PSUs in Infrastructure, Power, Oil & Gas, and Defence sectors

• Govt to follow a calibrated disinvestment strategy

• Emphasis on value generation, asset creation, and listing non-core PSU assets

• Full focus on IDBI disinvestment during FY26

• All efforts being made to complete the transaction in FY26
50
STOCK MARKET NEWS UPDATES

19 Feb, 09:56

ACME SOLAR HOLDINGS ; Dealing Room Check Says Buzzing on buy flows at FII desk - CNBCTV18

MANAPPURAM FINANCE: Dealing Room Check Says Strong buy flows at HNI desk - CNBCTV18
Street expects a corporate development soon

SWIGYY ; Delay Room Check Says Strong buy flows at FII desk
Expect high delivery volumes - CNBCTV18
85
STOCK MARKET NEWS UPDATES

19 Feb, 09:56

Airlines oppose DelhiAirport's tariff proposal.

• Variable tariff structure very complex, onerous on both passengers and airlines

• Industry concerned that significant tariff increases could dampen demand

• Proposed tariff against ICAO's principle of non-discrimination in airport charges
81
STOCK MARKET NEWS UPDATES

19 Feb, 08:14

METALS STOCKS ; EU sanctions Steel and Aluminium Imports from Russia

- As Per Reports Notable new import restrictions are expected on unwrought aluminium

- Additional transit restrictions are expected on, for example, certain flat-rolled products of alloy steel, certain machine tools, and certain automotive parts and accessories.
79
STOCK MARKET NEWS UPDATES

19 Feb, 08:06

PVR INOX: CO. Says Acknowledges Order Passed By Bengaluru District % Consumer Redressal Commission

Currently Reviewing The Order In Detail, Intend To Challenge The Decision Before Legal Forum

Reaffirms Commitment To Fair Practices & Customer Interests - NDTV PROFIT

PVR INOX : Co Fined After Consumer Wins Case Against Multiplex For Excessive Advertisements
79
STOCK MARKET NEWS UPDATES

19 Feb, 07:06

Sources Says Tesla India Retail Ops Likely To Start In Second Half Of 2025 - NDTV PROFIT

Tesla To Take 'Completely Built Units' Route To Enter India

Sources Says Tesla Model Y Likely To Be First Model On Sale In India

Tesla Model S, X & Cybertruck Unlikely To Come To India
79
STOCK MARKET NEWS UPDATES

19 Feb, 06:55

TRANSFORMER & RECTIFIER Says With the latest order, orderbook is now at ₹4,200 cr

Revenue guidance of ₹2,000 cr for FY25 and 23,500 cr for FY25 and 13,500 cr for FY26

20% of the current enquiries worth ₹18,000 cr may be converted into orders in next 2 quarters

Expect 15-16% margin in FY26
81
STOCK MARKET NEWS UPDATES

19 Feb, 06:53

IRCTC : Delhi HC Rules Against IRCTC In A Dispute With Catering Co, Brandavan Food - BAR & BENCH

Delhi HC Upholds The Order Of Arbitral Tribunal, Asked IRCTC To Pay The Claims

Arbitral Tribunal Had Asked IRCTC To Pay Claims Of Rs 33 Cr Plus Interest

Alert: Brandavan Food Was Awarded Catering Svcs For Rajdhani, Shatabdi & Duranto Trains
78
STOCK MARKET NEWS UPDATES

19 Feb, 06:52

INSURANCE STOCKS: Sources Says New mandate given to committee to look at reforms - ETNOW

Committee to look into various aspects of Insurance Act 1938 and suggest amendments

Committee to give report to IRDAI in 3 months

Recommendation will be sent by IRDAI to Fin Min on suggestion of the committee

DFS will again come up with draft bill to get suggestions from all stakeholders

Act amendment draft bill was issued in Nov 2022, process to be repeated again
74
STOCK MARKET NEWS UPDATES

19 Feb, 05:47

ASHOK LEYLAND: CO WINS ORDER WORTH RUPEES 300 CR FOR SUPPLY OF BS VI DIESEL FUEL TYPE 12M LOW FLOOR FULLY BUILT BUS
74
STOCK MARKET NEWS UPDATES

19 Feb, 05:38

X (formerly Twitter) is in talks to raise funds at a $44B valuation—the same price Musk paid in 2022.

The financing round would mark a turnaround after user and advertiser losses. Talks are ongoing and may change or be abandoned.

This is X’s first known funding round since going private.
75
STOCK MARKET NEWS UPDATES

19 Feb, 05:25

HSBC ON INDIAN PHARMA

In the US pharma market, generic drugs account for approximately 90% of prescription volumes, with Indian companies supplying around 60% of the total generics volume

India exports approximately $10 billion worth of generics to the US while importing around $1 billion worth of medicine

India currently imposes a 10% duty on medicine imported from the US

Exports to the US market account for 10-50% of revenue for leading Indian pharma companies

A hypothetical 10% tariff would lead to a 1-6.5% cut in our FY26 estimated EPS, though the market remains focused on long- term growth prospects

The US segment accounts for 10-60% of FY26 estimated EPS


HSBC ON INDIAN PHARMA CO.S. SAYS POTENTIAL FY26 EPS IMPACT IF A 10% TARIFF IS IMPOSED

Aurobindo - ~6.5%
Zydus - ~6%
Cipla - ~4%
Dr. Reddy's - ~6.5%
Lupin - ~4.5%
Sun Pharma - ~1%
Torrent Pharma -~ 0.8%
78
STOCK MARKET NEWS UPDATES

10 Feb, 09:38

TATA MOTORS; Dealing Room Check Says Buy flows at FIl desk

Few HNIs actively accumulating at lower levels - CNBCTV18
60
STOCK MARKET NEWS UPDATES

10 Feb, 09:31

L&T : L&T and Powerchina win Hafeet Rail facilities deal

Entire project is worth more than Rs 24,000 crores : REPORTS
61
STOCK MARKET NEWS UPDATES

10 Feb, 09:12

GAIL ; GAIL India Eyes U.S. LNG Stake & Long-Term Deals as Export Ban Lifts - REUTERS
66
STOCK MARKET NEWS UPDATES

10 Feb, 09:12

KOTHARI PETROCHEMICALS Q3 NET PROFIT AT 13 CR V 14.5 CR YOY

REVENUE AT 130 CR V 121 CR

EBITDA AT 17.9 CR V 20.2 CR YOY

MARGINS AT 13.6 % V 16.2 %
67
STOCK MARKET NEWS UPDATES

10 Feb, 09:11

INDIGO PAINTS Q3 NET PROFIT AT 36 CR V 37 CR YOY

REVENUE AT 342 CR V 353 CR

EBITDA AT 57.3 CR V 62.2 CR YOY

MARGINS AT 16.75 % V 17.6 %
66
STOCK MARKET NEWS UPDATES

10 Feb, 08:49

SHILPA MEDICARE Q3 NET PROFIT AT 32 CR V 4.5 CR YOY

REVENUE AT 319.2 CR V 286 CR

EBITDA AT 80.57 CR V 66 CR YOY

MARGINS AT 25.2 % V 23.1 %
65
STOCK MARKET NEWS UPDATES

10 Feb, 08:47

SAREGAMA INDIA Q3 NET PROFIT AT 62 CR V 52 CR YOY

REVENUE AT 483 CR V 205 CR

SAREGAMA Q3 EBITDA AT 84 CR V 65 CR YOY

MARGINS AT 17.5 % V 32.1 %
63
STOCK MARKET NEWS UPDATES

10 Feb, 08:46

RAMCO INDUSTRIES: Q3 CONS NET PROFIT 889M RUPEES VS 260M (YOY)

BIG BEAT YOY
64
STOCK MARKET NEWS UPDATES

10 Feb, 08:45

ELECTRONICS MART Q3 NET PROFIT AT 31.9 CR V 45 CR YOY

REVENUE AT 1884 CR V 1774 CR

EBITDA AT 98.7 CR V 115.3 CR YOY

MARGINS AT 5.2 % V 6.5 %
65
STOCK MARKET NEWS UPDATES

10 Feb, 06:05

IRCTC ; Railway Minister Says Yesterday, 12.5 lakh pilgrims were facilitated and a record 330 trains departed from Prayagraj Mahakumbh area stations.

Today, 130 trains have departed from the mela area so far.

All Mahakumbh mela railway stations are operating smoothly.
88
STOCK MARKET NEWS UPDATES

10 Feb, 06:04

LATENT VIEW Says Expect Tech Business To Grow At 18%-20%; Or Better

CPG Could Deliver 5-10% Growth Next Year

90 % Of Biz Coming From U.S - CNBCTV18
85
STOCK MARKET NEWS UPDATES

10 Feb, 06:04

REC Q3 CONCALL; Rec Says Expect AUM to reach ~INR 10trn by 2030

All of its renewable's lending is PPA backed and REC provides finance, only after signing of PPA

Total provision reversal of ~INR 22bn expected from the above 4 projects of which INR 3.51bn has already been done in Q3.

Co. Says NCLT order may take time, but by December 2025, management expects provision reversal for all these 4 projects.

Adani Power Plant in Jharkhand - Repayments are happening on time and don't see any concerns on repayments from this account Discoms health has been improving due to RDSS.

Discoms have been making efforts to improve their financial performance.
84
STOCK MARKET NEWS UPDATES

06 Feb, 05:45

UBL , USL , RADICO KHAITAN; Alcohol to cost more in Uttar Pradesh from April 1 - MC

According to the new excise policy approved by the UP cabinet on Wednesday, the liquor shops will also be allotted through e-lottery for the financial year 2025-26.
173
STOCK MARKET NEWS UPDATES

06 Feb, 05:45

Morgan Stanley on Rate Cut Beneficiaries

Best positioned: Unsecured lenders, vehicle financiers, gold financiers.

Most benefited: M&M Financial, SBI Cards.

Negatively impacted: LIC Housing Finance.

Top picks: PNB Housing Finance, Shriram Finance, Bajaj Finance.

HFCs with strong growth & asset quality: PNB Housing, Home First, Aptus.
170
STOCK MARKET NEWS UPDATES

05 Feb, 09:51

DEALING ROOM CHECK- CNBCTV18
Market consolidates after recent pullback
Real estate & PSU stocks continue to be well bid at institutional desk

PAYTM: Dealing Room Check Says Buy flows at HNI desk
Street expects corporate development soon - CNBCTV18


UNION BANK : Dealing Room Check Says Strong buy flows at FII desk
Expect high delivery volumes today - CNBCTV18


CENTURY PLY ; Dealing Room Check Says Delivery-based buying at Fil desk - CNBCTV18
163
STOCK MARKET NEWS UPDATES

05 Feb, 09:49

EVEREADY IND Q3 NET PROFIT AT 13 CR V 8.5 CR YOY

REVENUE AT 331 CR V 301 CR

EBITDA AT 30.1 CR V 24.8 CR YOY

MARGINS AT 8.9 % V 8.1 %
128
STOCK MARKET NEWS UPDATES

05 Feb, 09:49

BSE ; NSE blames BSE for not clearing dues, resulting in breach of minimum liquidity - MC
125
STOCK MARKET NEWS UPDATES

05 Feb, 08:36

INFO EDGE Q3 HIGHLIGHTS

Billing growth in Q3 was driven by continued improvement in the recruitment business and the sustained performance of the non-recruitment businesses Deferred sales revenue in Q3FY25 was Rs. 1,067cr

Operating profit margins improved to 39.2% in Q3FY25 with operating profits growing at 20.4% YOY

Earning per share¹ (EPS) in Q3FY25 was Rs. 20.06 (YoY growth of 21.2%)

Cash generated from operations (before taxes) of Rs. 346cr in Q3FY25 (YoY growth of 26.9%); Cash balance as of Dec 31, 2024 on a standalone basis (incl. wholly owned subsidiaries) was Rs. 4,290cr

Employee count as of Dec 31, 2024 was 5,883

Sustained billings improvement coupled with operating margins expansion and improved cash generation
140
STOCK MARKET NEWS UPDATES

05 Feb, 08:36

INFO EDGE Q3 NET PROFIT AT 201 CR V 213 CR YOY

REVENUE AT 671 CR V 593 Cr

EBITDA AT 289 CR V 241 CR YOY

MARGINS AT 43.1 % V 40.5 %
108
STOCK MARKET NEWS UPDATES

05 Feb, 08:35

LEMON TREE HOTELS Says Margin Will Hold Around 50%

Closed Q3FY25 With Occupancy At 74% With Aurika Occupancy At 71% - CNBCTV18

LEMON TREE HOTELS Says Q4FY25 Will Be Strong & Momentum Will Continue In FY26 As Well

Looking To Renovate 4,000 Rooms Which Will Cost Approx ₹300 Cr ; LEMON TREE
88
STOCK MARKET NEWS UPDATES

05 Feb, 07:57

ABBOTT Q3 NET PROFIT AT 361 CR V 310 CR YOY

REVENUE AT 1614 CR V 1437 CR

MARGINS AT 27 % V 26.9 %
99
STOCK MARKET NEWS UPDATES

05 Feb, 07:57

POWER GRID GUIDANCE

FY25 Capex Increased To ₹23,000 Cr From >₹20,000 Cr Earlier

FY26 Capex's Lower-end Of The Range Increased To ₹28,000 Cr From ₹25,000 Cr

FY26 Capex Now At ₹28,000-30,000 Cr Vs ₹25,000-30,000 Cr Earlier

FY27 Capex Guidance Indicated At ₹35,000 Cr Vs Earlier Guidance Of ₹40,000 Cr
101
STOCK MARKET NEWS UPDATES

05 Feb, 07:56

ZYDUS LIFE Q3 NET PROFIT AT 1020 CR V 791 CR YOY

REVENUE AT 5269 CR V 4504 CR

EBITDA AT 1400 CR V 1102 CR YOY

MARGINS AT 26.3 % V 24.5 %

MISSES ESTIMATES
95
STOCK MARKET NEWS UPDATES

05 Feb, 06:49

POWERGRID Q3 CONCALL

FY26 capex likely ₹28,000-30,000 cr; likely at 35,000 cr for FY27

Face challenges in finishing transmission projects within 2 yrs - Informist
95
STOCK MARKET NEWS UPDATES

05 Feb, 06:18

THOMAS COOK: Sterling Holiday Resorts Announces Best Ever Quarter Results in Q3 FY25

Double-digit growth in Income, EBITDA and EBIT

Q3 overtakes Q1 as strongest Quarter

Announces launch of Sterling Sankalp - its comprehensive ESG initiative
96
STOCK MARKET NEWS UPDATES

05 Feb, 06:18

World Gold Council Says Gold consumption is estimated to be 700 tonnes to 800 tonnes in the year 2025

Average gold price increased by 35% in Oct-Dec

Gold demand from central banks increased 54% (YoY) in Oct- Dec
115
STOCK MARKET NEWS UPDATES

05 Feb, 06:17

Ola Electric redefines the motorcycling segment with its all- new Roadster X series

Launches 5 variants starting with an introductory price of ₹74,999

Roadster X+ 9.1 kWh with the 4680 Bharat Cell to offer an unmatched range of 501 km/charge

First in-segment patented brake-by-wire technology with single ABS; introduces flat cables in the motorcycles an industry-first innovation

Features 4.3" LCD screen with USB, mid-motor with integrated MCU, powered by MoveOS 5

Deliveries for the Roadster series to commence from mid March onwards
118
STOCK MARKET NEWS UPDATES

28 Jan, 04:14

DLF Says We have surpassed our annual guidance, will get into Q4 with our revised plan - CNBCTV18

Mumbai project is expected to be launched by the end of the quarter, expect it to have a sales potential of ₹1,000 cr

Gurugram is looking at a 20-year infra plan

Price will be a byproduct when you give strong social and hard infrastructure
257
STOCK MARKET NEWS UPDATES

28 Jan, 04:13

CANARA BANK Management Says Will Easily Surpass Growth Rate Of 10%

Interested In Retail Term Deposits

Have 8% Excess Statutory Liquidity Ratio In Balance Sheet

Garnering Deposits At A High Cost Is A Concern

If Liquidity Improves, Garnering Deposits Is Not A Constraint - CNBCTV18
219
STOCK MARKET NEWS UPDATES

28 Jan, 03:54

BANK STOCKS IN FOCUS

RBI to conduct OMO purchase auctions of GSecs for ₹60,000 cr in 3 tranches of ₹20,000 cr each

OMO purchase auctions to be held on Jan 30, Feb 13, and Feb 20

RBI to conduct 56-day VRR auctions for a notified amount of ₹50,000 cr on Feb 7

RBI to conduct USD/INR Buy/Sell Swap auction of $5 bn for a tenor of 6 months on Jan 31

RBI will continue to monitor evolving liquidity and market conditions

RBI to take measures as appropriate to ensure orderly liquidity conditions
196
STOCK MARKET NEWS UPDATES

28 Jan, 03:53

PIRAMAL ENT Q3; NET PROFIT OF 38.57 CR V 2377 CR LOSS YOY. DOWN 76 % QOQ

NII FLAT AT 824 CR YOY,UP 6 % QOQ

GROSS NPA AT 2.83 % V 3.08 % QOQ

NET NPA AT 1.46 % V 1.46 % QOQ

DISBURSEMENTS UP 3.7 % TO 8362 CR QOQ

AUM UP 3 % TO 72,810 CR QOQ

DISBURSEMENTS UP 3.7 % TO 8362 CR QOQ
162
STOCK MARKET NEWS UPDATES

24 Jan, 09:47

SHRIRAM FINANCE Q3 ; NET PROFIT AT 3569 CR V EST EST 1904 CR

NII AT 5590 CR V EST 5566 CR
97
STOCK MARKET NEWS UPDATES

24 Jan, 09:27

LAURUS LABS Q3: NET PROFIT AT 93 CR V 23 CR YOY

REVENUE AT 1410 CR V 1201 CR

EBITDA AT 287 CR V 181 CR YOY

MARGINS AT 20.2 % V 15.18 %
102
STOCK MARKET NEWS UPDATES

24 Jan, 09:19

AU SMALL Q3 ; NET PROFIT AT 528 CR V 374 CR YOY

NII AT 2022 CR V 1975 CR

OPERATING PROFIT UP 6 % TO 1204 CR QOQ

PROVISION UP 35 % TO 501 CR QOQ

GROSS NPA AT 2.31 % V 1.98 % QOQ

NET NPA AT 0.91 % V 0.75 %
106
STOCK MARKET NEWS UPDATES

24 Jan, 09:11

ATUL LTD Q3 : NET PROFIT AT 109 CR V 71 CR YOY

REVENUE AT 1417 CR V 1138 Cr
103
STOCK MARKET NEWS UPDATES

24 Jan, 09:00

Adani Green; Adani Green Energy appoints law firms to review allegations of $265M bribes involving its founder and executives.

Names of firms undisclosed; company asserts legal compliance.
100
STOCK MARKET NEWS UPDATES

24 Jan, 08:48

VODA IDEA, BHARTI AIRTEL : Govt preps Rs 82,000 cr relief for non-telcos - Bs
95
STOCK MARKET NEWS UPDATES

24 Jan, 08:48

GRANULES INDIA Q3 HIGHLIGHTS

Production resumed in October in a staggered manner at Gagillapur plant

Revenue share from North America increased to 77% in Q3 FY25 vs 66% YoY

Progress on our greenfield formulation expansion remains on track
93
STOCK MARKET NEWS UPDATES

24 Jan, 08:47

NTPC GREEN ; WINS ORDER

NTPC Renewable Energy Limited Wins 300MW Solar Project in NHPC’s Tender

NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Green Energy Limited, won 300 MW in NHPC's 1.2 GW solar tender with a tariff of ₹3.09/kWh.

The project includes a 150 MW/300 MWh energy storage system for improved reliability.
95
STOCK MARKET NEWS UPDATES

24 Jan, 08:47

SHREE DIGVIJAY CEMENT Q3 ; NET LOSS AT 5 CR V PROFIT 31.4CR YOY

REVENUE AT 186CR V 191CR

EBITDA AT LOSS 151Cr V 49CR PROFIT YOY
94
STOCK MARKET NEWS UPDATES

24 Jan, 06:26

EXICOM TELE-SYSTEMS: WINS ORDER RS 1412CR

Company has successfully secured an Advance Purchase Order (“APO”) aggregating to ~INR 1412.48 Crores (exclusive of applicable taxes), for the supply of Telecom equipment (Power Systems & Racks) alongwith the maintenance of these Telecom equiement for a period of 10 years, for BharatNet Phase III project in Uttar Pradesh (East) Telecom circle and Uttar Pradesh (West) Telecom circle, from Rail Vikas Nigam Limited (“RVNL”)
93
STOCK MARKET NEWS UPDATES

24 Jan, 06:14

IEX in Focus

Mgmnt Says:

Will end FY25 with 20%+ volumes

Market share for 9M at ~85%, will continue to target improvement

Regulator to take opinions of all stakeholders involved wrt Market Coupling

IGX has seen strong growth
88
STOCK MARKET NEWS UPDATES

24 Jan, 05:45

FII ownership of Indian equity markets fell to 16.2%, a 10-year low !

DII flows took their ownership to 10%, a 10-year high!

FII MTD Outflows 66,322 crs ; Sold almost 2.5 lk cr in 4 months

FII bought only 1 day in Jan; have been selling consecutively for last 15 days !
90
STOCK MARKET NEWS UPDATES

24 Jan, 05:45

WIPRO CHAIRMAN Says Excited about President Trump & what it presents for IT industry - CNBCTV18

Our customers are looking at the banking deregulation in the US

Hopeful that 2025 will be better than 2024

Expect good momentum to continue in our consulting business

Spending a lot time upskilling our employees on Al

Focussing on delivering better with help of Al on existing projects
94
STOCK MARKET NEWS UPDATES

23 Jan, 09:44

ZEE ENT Q3 REVENUE

AD REVENUE UP 4 % TO 940 CR QOQ, DOWN 8 % YOY

SUBSCRIPTION REVENUE UP 1 % TO 982 CR QOQ, UP 7 % YOY

OTHER SALES UP 1 % TO 345 CR QOQ, UP 7 % YOY
110
STOCK MARKET NEWS UPDATES

23 Jan, 09:36

MARUTI SUZUKI; Due to rising input costs and operational expenses, the Company plans to increase car prices starting on 1 February,2025..

While the Company is committed to optimise costs and reduce the impact on the customers, we are constrained to pass on some of the increased expenses to the market

Maruti To Increase Prices by 1,500 to 32,500 w.e.f February 1
112
STOCK MARKET NEWS UPDATES

23 Jan, 09:35

SYNGENE Q3 NET PROFIT AT 131 CR V 111 CR YOY

REVENUE AT 943 CR V 853 CR
109
STOCK MARKET NEWS UPDATES

23 Jan, 09:32

ADANI ENERGY Q3 ; NET PROFIT AT 561 CR V 324 CR YOY

REVENUE AT 5830 CR V 4562 CR
101
STOCK MARKET NEWS UPDATES

23 Jan, 09:32

ZEE ENT Q3 NET PROFIT AT 163 CR V 58 CR YOY

REVENUE AT 2030 CR V 2070 Cr
99
STOCK MARKET NEWS UPDATES

17 Jan, 09:49

Dealing Room Check - CNBCTV18

Market consolidates with a negative bias

Flis better sellers


FUSION; Dealing Room Check Says Buy flows at HNI desk

Fund raising & new CEO appointment key triggers - CNBCTV18


MANAPPURAM; Dealing Room Check Says Buy flows at Fll desk - CNBCTV18

Street expects corporate development soon
99
STOCK MARKET NEWS UPDATES

17 Jan, 09:45

DIXON TECH Q3 RESULT ESTIMATES YOY - CNBCTV18

PROFIT UP 84 % TO 176 CR

REVENUE UP 112 % TO 10244 CR

EBITDA UP 106 % TO 379 CR

MARGINS AT 3.71 % V 3.82 %
103
STOCK MARKET NEWS UPDATES

17 Jan, 09:45

ZOMATO; ZOMATO ; Zomato infuses Rs 500 crore in quick commerce arm Blinkit - Tofler

Zomato’s total investment in its quick commerce arm to roughly Rs 2,800 crore.
97
STOCK MARKET NEWS UPDATES

17 Jan, 06:15

Kotak AMC Says Need to focus on sectors which will report higher than expected earnings growth

Valuations of private banks, IT, pharma look reasonable

Rural focused consumer, FMCG cos to benefit from good rabi crop benefit

See several bottom up stories within pharma sector

Expected return from the market will have to be moderated v/s last 5 years

PSU shouldn't be viewed as one basket, need to look at bottom up opportunities within PSUs
111
STOCK MARKET NEWS UPDATES

17 Jan, 06:15

Kotak AMC Says Market will wait for some more days after Trump swears in - ETNOW

FPIs are underweight India v/s other other EMs

FPIs might decide to come back as India Inc continues to do well

FPIs will have to come back to India as we continue to report double digit corporate earnings growth with high govt standards

Fundamentals are finally catching up with valuations

This is a bottom up stock pickers' market

Corporate earnings growth for Q3 FY25 not encouraging so far
106
STOCK MARKET NEWS UPDATES

17 Jan, 06:14

HAVELLS; Management Says 70% Of Sales In C&W Segment Comes From Domestic Wires - ETNOW

Positive Overall Performance In Q3 With Growth Of 15% Except C&W Segment

Business Likely To Grow In Mid-double Digits Ex-Lloyd

Lloyd Will Become Profitable In FY26

Margin Will Come Back To 12-13% By End FY25 Ex Of Lloyd

Margin Will Return To Normal Levels In Q4
94
STOCK MARKET NEWS UPDATES

17 Jan, 05:00

Jefferies on Adani Energy: Buy with target price of Rs 1,300
93
STOCK MARKET NEWS UPDATES

17 Jan, 04:47

HINDZINC; ANTIQUE ON HIND ZINC

UPGRADE TO HOLD FROM SELL, TARGET PRICE 451 FROM EARLIER 419

Hindustan Zinc (HZ), the world's 2nd largest integrated zinc producer, targets cost reductions to $1,050-1,100/ton in the short term and $1,000/ton medium term. Zinc and lead markets are expected to remain balanced in CY25, with stable prices supported by Chinese demand and INR depreciation aiding profitability.

Silver production is set to rise to 1,000 tons in FY25 (from 746 tons in FY24), with domestic silver prices up 26% YoY. Upward revisions in USD:INR and silver prices boost FY26/27 EBITDA estimates by ~5%. Target price is raised to INR 451 (from INR 419), and the rating is upgraded to HOLD after a ~30% stock correction.
97
STOCK MARKET NEWS UPDATES

17 Jan, 04:40

INDHOTEL; HDFC MF SOLD 1.23 % STAKE ON 15 JAN VIA OPEN MARKET

STAKE REDUCED TO 2.98 % FROM 4.21 % EARLIER
89
STOCK MARKET NEWS UPDATES

17 Jan, 04:28

LODHA; KOTAK ON MACROTECH

UPGRADE TO BUY , TARGET UNCHANGED AT 1340

Lodha reports strong growth with a 31% pre-sales CAGR (FY21-24) and 9MFY25 pre-sales up 25% YoY at ₹128 bn, 73% of FY25E guidance.

Land rates in Palava rise due to infrastructure upgrades.

Plans to enter a new city could boost growth.

At 10X FY26E EV/EBITDA, Lodha looks attractively valued.
96
STOCK MARKET NEWS UPDATES

17 Jan, 04:27

LTTS; BofA on L&T Tech - Double Upgrade

Upgrade to Buy from Underperform; Hike TP to Rs 6200 from Rs 4660

Investment payoff arriving earlier than expected

Uptick in deal wins implies start of pay-off phase

New deal intake to outweigh slow spends in auto ER&D

Acquisition aids favorable diversification, TAM expansion
96
STOCK MARKET NEWS UPDATES

17 Jan, 04:27

RAIL STOCKS; Elara Says Expectation Is High For Railway Sector With 5% YoY Increase In Allocation - CNBCTV18

Expect The Railway Allocation At Around 2.72 Lk Cr In Budget 2025-26
98
STOCK MARKET NEWS UPDATES

17 Jan, 04:27

EICHERMOT; KOTAK On EICHER MOTORS

Retain SELL, with a revised SoTP-based FV of Rs3,600 (from Rs3,500)

Royal Enfield's growth may slow, with margins missing expectations due to weaker product mix and higher promotions.

VECV gains market share in M&HCV but faces demand pressure.

At 29X FY26E EPS, EIM looks pricey given a 9% EBITDA CAGR forecast for FY24-27E.
103
STOCK MARKET NEWS UPDATES

16 Jan, 09:44

Cabinet approves 8th Central Pay Commission for central govt employees
126
STOCK MARKET NEWS UPDATES

16 Jan, 09:43

AEROFLEX; Management Says Target 18-20% revenue growth in FY25- CNBCTV18

Will end FY25 with margins of 21.5-22%

400 Cr QIP fund raise seen around Q1FY26

In talks for acquisition assets

Target 1000 Cr revenue in 3-4 years
125
STOCK MARKET NEWS UPDATES

16 Jan, 08:32

JPMORGAN ON ADANI COMPANIES

Adani Ports should have largely neutral impact from INR depreciation

For Adani Ports, 75% of total debt is USD denominated, 35-40% of its revenue are effectively priced in USD terms

For Adani Energy, Adani Electricity and Adani Green, the FX exposures from USD bond and loan liabilities are hedged
131
STOCK MARKET NEWS UPDATES

16 Jan, 08:32

HDFC SEC Says Volumes are expected to recover nearly 5% YoY in Q3FY25

Have seen some improvement in realisation in Q3

Expect the pricing action for cement sector to be better in Q4 Vs Q3

Ambuja valuation is better than UltraTech at current levels

Prices have not improved much in Q3, pricing action is expected to play out in Jan & Feb 2025
126
STOCK MARKET NEWS UPDATES

16 Jan, 05:43

SUGAR STOCKS ; Sources Says CABINET MAY SOON APPROVE AN INCREASE IN ETHANOL PRICE - CNBC-AWAAZ EXCLUSIVE

B-heavy Molasse's Price Can Be Hiked By ₹1.82 & C-heavy By ₹6.87/Litre

C-heavy Mollasse's Price Can Be Increased To ₹56.28 From ₹49.41/Litre

Incentive Of ₹6.87 Announced Last Yr For C-heavy mollase, Can Be Regularised

Alert: B-heavy Molasse Is A Byproduct Of Sugar Prodn That Is Used To Make Ethanol

Alert: C-heavy Molasse Is A Byproduct Of Sugar Refineries That Is Used To Make Ethanol

Alert: Govt Has A Target To Achieve Ethanol Blending Target Of 20% By 2025-26

Alert: Currently, Ethanol Blending Petrol Is At 15.83%
133
STOCK MARKET NEWS UPDATES

14 Jan, 04:53

MACQUARIE ON REC, PFC

MAINTAINS OUTPERFORM RATING

REC : TARGET 700
PFC ; TARGET 660

Likely driver of weak PFC/REC stock performance

Growth outlook stable: REC 15% YoY, PFC 13% YoY
82
STOCK MARKET NEWS UPDATES

14 Jan, 04:33

HCL TECH CEO Says Q4 Should See Broad-based Growth (Ex Of Retail CPG), Positive About An All-round Growth In Q4 - CNBCTV18

Expect Q4 Margin To Be Slightly Lower Than Q3

Discretionary Demand Is Definitely Better Vs 3 Months Back

Expect A Loss Of $30 Million In Q4 Due Retail CPG Deal Coming To An End

Senior Level Wage Hikes Will Impact Margin By 50-60 bps In Q4
89
STOCK MARKET NEWS UPDATES

14 Jan, 04:32

CITI Analyst Says Valuations For Large Caps Have Moderated To 5 Year Averages - CNBCTV18

See 12-13% Upside In The Market From Current Levels

From A Valuation & Growth Perspective, Large Caps Look Better Vs SMID

We Should Revert Back To Usual Growth Rate After Temporary Headwinds Are Behind Us

Market Will Focus On Sectors With Growth Visibility And Reasonable Valuations
75
STOCK MARKET NEWS UPDATES

14 Jan, 04:30

JSWEnergy’s acqn of KSK Mahanadi Power positive for creditors, PFC & REC amongst major creditors

As per KSK’s disclosure on Nov 11, 2024, balance outstanding to major creditors at:

▶️PFC: ₹3,428 cr
▶️REC: ₹2,727 cr
71
STOCK MARKET NEWS UPDATES

14 Jan, 04:29

JEFFERIES ON HOSPITALS

Max Healthcare - Maintain Buy, target price ₹1380 (from 1250)

Best sector exposure through brownfield bed additions

Max Health plans to expand bed capacity by over 50% in 2-3 years

Average Revenue Per Bed expected to grow mid- single digits in FY26

Potential to deliver 20%+ EBITDA CAGR for FY25-

TOP PICKS: MAX HEALTH AND FORTIS
67
STOCK MARKET NEWS UPDATES

14 Jan, 04:28

Motilal Oswal on BSE

Top Pick 2025

Maintain Buy, TP 6500

BSE has successfully captured over ~29% of the notional options turnover (Dec'24),

Aided by product innovation, an increase in member participation, and lesser impact of regulatory changes compared to NSE.

Has witnessed improvement in premium ADTO (9% absolute growth in Dec'24),

Change in Sensex expiry day from Friday to Tuesday will also boost BSE's market share

The scale-up of co-location servers will bring in high-frequency traders

Expect BSE to register a CAGR of 44%/74%/74% in revenue/EBITDA/PAT during FY24-27E
79
STOCK MARKET NEWS UPDATES

09 Jan, 03:54

CLSA on Telecom
2025 outlook

Bharti Airtel, top pick,

Indus Towers, at 5.6x EV/Ebitda, offers deep value

With 15% data revenue Cagr for TCOM, have O-PF rating

Hold on Sterlite & Hexacom & U-PF on VIdea. 239 07:57 AM
198
STOCK MARKET NEWS UPDATES

09 Jan, 03:54

Nomura on Cement

Stick with the leaders

Buy on Ultratech (TP Rs 12800)

Ambuja (TP Rs 690) & Ramco (TP Rs 1060)

Downgrade Shree Cement to Neutral, 28000

Downgrade ACC to Reduce, TP 1920

Downgrade Nuvoco to Reduce, TP Rs 330

Maintain Reduce on Dalmia Bharat, TP of Rs 1680
178
STOCK MARKET NEWS UPDATES

09 Jan, 03:53

Nomura on Tata Motors
Buy, TP Rs 990

JLR's retail vol down 3% y-y while wholesale vol up 3% y-y for 3QFY25

Est +ve FCF of GBP 250mn in 3Q led by higher volume at 104k units, +3% y-y

Est TTMT will move from net debt of Rs 220bn (Rs 60/sh) in 2Q to net cash of Rs 86/sh by FY27F
158
STOCK MARKET NEWS UPDATES

08 Jan, 09:54

TCS Q3 RESULT ESTIMATES QOQ - ETNOW

NET PROFIT UP 4.8 % TO 12,490 CR

REVENUE UP 0.7 % TO 64,750 CR

$ REVENUE FLAT AT $ 7.67 BN

EBIT FLAT AT 15,465 CR

MARGINS AT 24.4 % V 24.05 %

0.2 % CC GROWTH
159
STOCK MARKET NEWS UPDATES

08 Jan, 09:43

RAIL STOCKS ; The Total Capex for railways in Budget Estimate 2024-25 is 2,65,200 cr with Gross Budgetary Support of Rs. 2,52,200 crores ; Railway

Out of it, Rs. 192446 crores have already been spent.

For rolling stock, the budgetary provision was for Rs. 50,903 crores. Out of it, Rs. 40, 367 crores were spent by 5th January, which is 79% of the budget, allotted for rolling stock.

In Safety related works, out of budgetary allocation of Rs.34,412 crore, the amount spent is Rs. 28,281, which is 82 percent of the allocated amount.
260
STOCK MARKET NEWS UPDATES

08 Jan, 09:43

DIXON TECH ; Foxconn, Dixon Urge India to Pay Pending Production Subsidies - BLOOMBERG

Firms see themselves as being entitled for billions of rupees ( ₹ 100 Cr)

Government is reviewing companies' request for more funds
142
STOCK MARKET NEWS UPDATES

08 Jan, 08:16

SWIGGY: Swiggy Testing New 15-min Food Delivery App 'Snacc By Swiggy - CNBCTV18

Snacc By Swiggy Being Piloted In Select Pincodes In Bengaluru
147
STOCK MARKET NEWS UPDATES

08 Jan, 05:57

CLSA ON CEMENT

DALMIA BHARAT-Upgrade to Overweight from Hold, TP 2110 (from 1835)

ACC-Upgrade to Overweight from Hold, TP 2580 (from 2500)

Earnings visibility improving, pockets of opportunity arise

We turn constructive on the sector as we see incrementally better earnings visibility in CY25.

Expect demand upcycle to resume as several levers start contributing.

With profitability at a multi-quarter low, we now expect companies to be relatively more disciplined in competition
147
STOCK MARKET NEWS UPDATES

08 Jan, 05:56

Nomura Says Strong loan growth, record number of customers highlight healthy growth for Bajaj Fin - CNBCTV18

Credit cost will soon peak out for NBFCs

Unsecured loan growth has declined for NBFCs

If Bajaj Fin's credit cost for FY25 comes near guidance, stock will re- rate

Lenders have taken corrective steps in credit card business
127
STOCK MARKET NEWS UPDATES

08 Jan, 05:55

L&T : WINS RS 1000-2500 CR RANGE ORDER

L&T Heavy Engineering wins major Q3 FY25 orders across global and domestic markets

USA: Secured LNG equipment order for a key project, highlighting its leadership in heavy engineering.

Turkey: Bagged a breakthrough order for a loop reactor in a PDH PP plant, showcasing petrochemical expertise.

Saudi Arabia: Won a repeat order for an FCCU revamp project, reaffirming its reliability in brownfield EPC projects.

Kuwait: Gained a hydrocracker reactors and heat exchangers order.

India: Secured three urea reactor orders, cementing its dominance in fertilizer equipment.
155
STOCK MARKET NEWS UPDATES

07 Jan, 09:43

Sources Says Govt Considering Tinkering In Personal Income Tax Slabs

New Tax Regime For Individuals Could Be Modified In The Upcoming Budget - NDTV PROFIT

Govt Examining Possibility Of Reducing Tax Rates For Income Up To 10 Lk

Budget To Focus On Increasing Disposable Income For Taxpayers - NDTV PROFIT
126
STOCK MARKET NEWS UPDATES

07 Jan, 07:07

TATA CHEMICALS, TATA STOCKS; Sources Says Tata Sons said to mull legal option to avoid listing shares - ETNOW

Tata Sons facing RBI rule deadline of September for listing its equity shares

According to RBI rules, Tata Sons classified as one of the upper-layer NBFCs

Last year, RBI had declined Tata Sons' request to seek an exemption from listing equity

RBI had guided that Tata Sons must adhere to the upper-layer NBFC rules

In September 2022, RBI said upper layer NBFCs need to list within a period of three years

RBI remains firm on its position about mandatory listing for upper layer NBFCs
131
STOCK MARKET NEWS UPDATES

07 Jan, 04:06

JEFFERIES ON CONSUMER STAPPLES

HUL ; BUY RATING , TARGET 3175

NESTLE ; HOLD RATING , TARGET 2350

BRITANNIA IND ; BUY , TARGET 5710

GODREJ CONSUMER; BUY , TARGET 1425
124
STOCK MARKET NEWS UPDATES

07 Jan, 04:05

UTKARSH SFB Q3 BIZ UPDATE

Highest decline in collection efficiency amongst lenders

Collection efficiency at 87.7% vs 92.3%QOQ

Deposits at Rs20172cr, up 33.5%YOY & 3.5%QOQ

CASA at Rs3973cr, up 31.7%YOY & 4%QOQ

CASA ratio at 19.7% vs 19.96%YOY & vs 19.59%QOQ

Retail term deposits at Rs10163cr, up 40.6%YOY & 6.8%QOQ

Bulk deposits at Rs6036cr, up 24%YOY & down 2%QOQ

Loans at Rs19057cr, up 16.15%YOY & down 0.23%QOQ

Credit-deposit ratio at 94.5% vs 108.6%YOY & vs 98%QOQ

Liquidity coverage ratio at 184% vs 180%QOQ
120
STOCK MARKET NEWS UPDATES

07 Jan, 04:05

JEFFERIES ON BRITANNIA

Jefferies Upgrade to Buy from Hold; Hike TP to Rs 5710 from Rs 5620

Clear focus on growth over margins

Evident with HSD volume growth in past two quarters

Reasonable valuations; risk reward favourable

Currently trades at 47x 1-yr fwd PE is lower than its 5-yr average
112
STOCK MARKET NEWS UPDATES

07 Jan, 03:58

AUTO ; Retail auto sales rose by nearly 10% in 2024 Says FADA

Overall retail declined by 12.4% YoY in Dec 24

2W sales down 17.6%in Dec;, 3W sales down 4.5% in Dec 24 YoY

PV sales moderated 1.9% YoY ; CV sales down 5.2% and facing de-growth

Only Tractor showed a 25.7% YoY jump
117
STOCK MARKET NEWS UPDATES

07 Jan, 03:57

Citi initiates Tactical Buy ON DLF

Open a 90-day positive catalyst watch

Expect DLF to report strong pre-sales in Q3

DLF Dahlias launch will likely provide comfort on FY25 pre- sales guidance

New launches are likely to happen in the latter half of Q4

This will likely provide comfort to FY26 pre-sales guidance
106
STOCK MARKET NEWS UPDATES

06 Jan, 08:54

AARTI DRUGS Says Growth Will Be Flattish In FY25 Vs Previous Guidance Of 7%

Based On The Current API Price, Co Is Looking To Achieve ₹4,000 Cr Rev By FY27

API Prices Have Been Declining In The Last Few Qtrs - CNBCTV18

API Prices Have Remained Flat QoQ In Dec Qtr, There Is A -Ve Price Variance YoY

Based On The Current API Price, Co Is Looking To Achieve ₹4,000 Cr Rev By FY27

Foresee 12-13% EBITDA Margin In FY25
129
STOCK MARKET NEWS UPDATES

03 Jan, 04:36

Morgan Stanley on Tata Elxsi

Maintain Underweight with TP of Rs 6500

Tactical SELL idea

Believe the share price will fall over the next 60 days

Incrementally high exposure to European autos with emerging industry weakness should be viewed with caution

Growth visibility in media looks low to us in view of industry-specific challenges

Management expectations of better H2 margins might not hold up as well
100
STOCK MARKET NEWS UPDATES

03 Jan, 04:36

EMKAY ON POWER FINANCIERS

Initiate coverage with a BUY

PFC with Dec-25E TP of Rs600 REC with Dec-25E TP of Rs650

With planned capex of over Rs 33lk cr during FY23-32 in Generation, Transmission, and Distribution

Lessons learnt from the previous cycle

Clean of past baggage seen

Valuations, despite being higher than the long-term median of 0.7x, remain palatable for the growth and profitability profile

The controlled upcycle in power capex and lending is here to stay
98
STOCK MARKET NEWS UPDATES

03 Jan, 04:02

IGL and MGL In Focus - ETNOW

Govt has asked ONGC/GAIL to divert 0.6 mmscmd each from their quota of Shrinkage/ LPG to CGD

All future new well gas and gas marked to oil prices not to be auctioned

It will be given to CGD on proportion basis to their volume

Alert

IGL will get the highest allocation here owing to higher market share

This will reduce CGDs dependence on gas from spot market
82
STOCK MARKET NEWS UPDATES

03 Jan, 04:02

IDBI CAPITAL ON CHEMICALS

Majority of the chemicals exhibited a mixed picture in terms of pricing on MoM basis in Dec-24.

The pricing trend for most chemicals remained flat to positive supported by a ~3% increase in crude prices in Dec-24.

We expect prices to remain range bound for the near term, post the highs seen in the Covid era.

Select pockets/therapies in the pharma sector are seeing healthy growth.

Companies which are moving higher up the value chain in terms of scale and complexity stand to benefit immensely from a longer term perspective.

Ami Organics remains one of our preferred names on the back of rich expertise in manufacturing of

Advanced Pharma Intermediates and upcoming capex ramp up of the Ankleshwar unit. We are also positive on Neogen Chemicals owing to its deep bromination expertise and strong first mover advantage into battery chemicals.
95
STOCK MARKET NEWS UPDATES

02 Jan, 09:24

FORCE MOTORS ; ORDER WIN

Company has received an order for supply of 2429 units of BSVI Diesel Ambulance to Medical Health and Family Welfare Department Uttar Pradesh
112
STOCK MARKET NEWS UPDATES

02 Jan, 08:02

TVS MOTORS DEC SALES
Total: Up 8% (312,002 units in Dec 2024 vs. 290,064 in Dec 2023).

Domestic: Steady at 215,075 units (214,988 in Dec 2023).

Motorcycles: Down 2% (144,811 units in Dec 2024 vs. 148,049 in Dec 2023).

Scooters: Up 30% (133,919 units in Dec 2024 vs. 103,167 in Dec 2023).

Electric Vehicles sales Up 79% (20,171 units in Dec 2024 vs. 11,288 in Dec 2023).
115
STOCK MARKET NEWS UPDATES

02 Jan, 07:30

Eicher Motors Royal Enfield

as Total Royal Enfield Sales At 79,466 Units Vs CNBC-TV18 Poll Of 73,333 Units

ag Total Royal Enfield Sales Up 25 % At 79,466 Units Vs 63,387 Units (YoY)

as Total Exports Up 90% At 11,575 Units Vs 6,096 Units (YoY)

8sDomestic Sales Up 19% At 67,891 Units Vs 57,291 Units YoY)
110
STOCK MARKET NEWS UPDATES

02 Jan, 04:45

RAKESH SHARMA, BAJAJ AUTO

. December was as per our expectations

. We use December month to correct the stock

. Motorcycle industry should see 6-8% growth in Q4

. Upper-end segment in bike continues to do well

. Today, LatAM is twice the size of Africa

. Volumes for freedom CNG bike declined, 6,000-9,000 units of retails done -CNBCTV18
103
STOCK MARKET NEWS UPDATES

02 Jan, 04:44

Partho Banerjee Maruti Suzuki

. All product segments fired on all cylinders in December

. Monthly household incomes are not increasing in-line with vehicle costs

. Dealer network stock is for just 9 days; we have over 2 lakh pending bookings

. Will showcase plans for an entire EV ecosystem at Bharat Mobility Global Expo

. Will remain technology agnostic to maintain market share
96
STOCK MARKET NEWS UPDATES

02 Jan, 04:37

INFO EDGE MNGMT SAYS Non-IT Business Continues To Do Well

IT Hiring Is Back To Growing In Close To Double Digit

Things Are Starting To Improve For Entry-Level Hiring

IT Revenue Growth Was Flattish In Past 2-3 Years Impacting Overall Performance

Demand For Talent Is Picking Up For Entry Level - 5-6 Lk/Per Annum Category
89
STOCK MARKET NEWS UPDATES

02 Jan, 04:37

CITI on Bajaj Auto
Sell, TP Rs 7800

Overall 2W volumes declined 4%YoY (-26%MoM).

Domestic 3W volumes picked up 5%YoY (-8%MoM).

Export 3W volumes were better, rising 50%YoY (3%MoM).
Overall 3W volumes rose 16%YoY (-5%MoM).
87
STOCK MARKET NEWS UPDATES

02 Jan, 04:37

CITI ON BAJAJ FINANCE

90 day positive catalyst watch; maintains Buy with target of ₹8,150/sh

Expecting loan growth stability, positive NIM bias (3-5 bps)

Marginal rise in credit cost expected to 2.2-2.5%

AUM growth of 6% QoQ/27% YoY

Support coming from mortgage financing, sales financing, new business

Management transition update will be critical
85
STOCK MARKET NEWS UPDATES

02 Jan, 03:59

RELIANCE IND ;RJio readying up to 40,000 cr IPO with $120 billion valuation - BUSINESS LINE

Preliminary talks have already started for a pre-IPO placement, say the sources
82
STOCK MARKET NEWS UPDATES

02 Jan, 03:46

CITI ON MARUTI

MAINTAIN BUY , TARGET: 13,500

Reported A Strong 24% YoY Growth In Domestic Volumes Ex Of Sales To Toyota

Positively Surprised By 29% YoY Growth In Small Cars

Overall December Volumes Were Up 30% YoY

Strong Dec Print Alludes That There Was No Extraordinary Inventory Build-up During Festive Season
89
STOCK MARKET NEWS UPDATES

02 Jan, 03:46

CITI on M&M

Buy, TP Rs 3520

M&M continued with the volume momentum that has been visible over most of 2024.

Domestic UV volumes were up 18%YoY (-10%MoM), reflecting incremental volumes of the new models (3XO, Thar Roxx)

Tractors too remained strong, with domestic vol up 22%YoY
90
STOCK MARKET NEWS UPDATES

02 Jan, 03:45

SBI

Business pace slows down

Deposits at Rs105378cr, up 6.3%YOY & down 0.07%QOQ

CASA at Rs32831cr, up 4.1%YOY & down 2.24%QOQ

CASA ratio at 31.16% vs 31.8%YOY & vs 31.85%QOQ

Advances at Rs86965cr, up 11.94%YOY & 2.66%QOQ

CD ratio at 82.53% vs 78.35%YOY & vs 80.33%QOQ
93
STOCK MARKET NEWS UPDATES

02 Jan, 03:44

CITI ON BANKS

Expect Slowdown In Credit Growth To 2-3% QoQ

Q3 Slippages To Rise; Expect Credit Cost To Be Elevated

Rate 'Buy' On Indusind Bank With Target Price Of 1,378 (43% Upside)

Rate 'Buy' On RBL Bank With Target Price Of 205 (29% Upside )
91
STOCK MARKET NEWS UPDATES

31 Dec, 03:57

ITC HOTEL DEMERGER

Record date and ex-date set on January 6, 2025

Hotels arm of ITC will receive 1,500 cr in cash and cash equivalent at the time of demerger

ITC Hotels to be listed within 60 days of December 16 NCLT order

Appointed date and effective date of the scheme to be January 1, 2025

ITC has announced that shareholders will receive one share of ITC Hotels for every 10 shares they hold in ITC.
139
STOCK MARKET NEWS UPDATES

27 Nov, 09:59

Nuvama Upgrades Wipro's Rating To 'Buy' % From 'Hold' Earlier

Raises Wipro's Target Price To ₹700 From ₹520 Earlier
41
STOCK MARKET NEWS UPDATES

27 Nov, 09:48

DEALING ROOM CHECK - CNBCTV18

Market at day's high backed by FII buying

Broader market continues to outperform

Profit booking in select pharma stocks

SUDARSHAN CHEMICALS; Dealing Room Check Says Promoter entity likely seller & clutch of HNIs buyers
Note; 3 % Equity exchanged today

MSTC ; Dealing Room Check Says Buy flows at HNI desk - CNBCTV18
Leading HNI investor active buyer

COAL INDIA ; Dealing Room Check says Selling pressure from a leading US-based fund largely over - CNBCTV18

ICICI BANK ; Dealing Room Check Says Strong buy flows at FII desk
Expect high delivery volumes - CNBCTV18
48
STOCK MARKET NEWS UPDATES

27 Nov, 09:10

GAS STOCKS ; Sources Says Natural Gas & ATF To Be Under GST In A Graded Manner -ETNOW

Major states, including Maharashtra & Gujarat have agreed on the proposal

Oil Ministry has provided additional data to the Finance Ministry on the impact
57
STOCK MARKET NEWS UPDATES

27 Nov, 08:30

Mahindra Lifespace Management Says FY28 booking guidance at ₹8,000-10,000 cr ( Intact )

₹45,000 cr of cumulative GDV

Planned funding of ₹7,000 cr

Estimated cashflows of ₹6,061 cr
65
STOCK MARKET NEWS UPDATES

27 Nov, 07:59

SBI ; SBI CELEBRATES RAISING OF ₹50,000 CRORE DOMESTIC
BONDS DURING FY25

The country's largest lender has raised ₹50,000 crore in FY25 through oversubscribed AT1, Tier 2, and Long-Term Bonds, attracting diverse investors like provident funds, insurance companies, and banks.
74
STOCK MARKET NEWS UPDATES

27 Nov, 06:51

POSITIVE FOR HUL

COMPANY HAS TAKEN 5% PRICE HIKES ACROSS KEY BRANDS

5% HIKE FOR LUX & LIFEBUOY, COMPANY HAS ALSO REDUCE GRAMMAGE

KEY MOVE TO HELP PROTECT MARGINS
79
STOCK MARKET NEWS UPDATES

27 Nov, 06:17

NTPC GREEN Management Says Co Earns ₹65 Lk EBITDA/MW In Solar Segment

To Add 3 GW, 5GW, 8GW Capacity In FY25, FY26, FY27 Respectively

Co Incurs ₹5 Cr Capex/MW For Solar And ₹8 Cr Capex/MW For Wind

Started Bidding Process In Battery Energy Storage Space

Green Hydrogen Plans To Take 4-5 Years

To Incur Capex In Battery & Pumped Storage System In The Future

Latest MoU With Chhattisgarh For 2 GW, Which Could Grow Till 10 GW

With States Of Rajasthan, Maharashtra & Andhra To Help With Growth
91
STOCK MARKET NEWS UPDATES

27 Nov, 06:16

NMDC : Govt To launch the first-ever auction of mineral blocks in the offshore areas of India on Nov 28

First tranche of auction includes 13 mineral blocks

These mineral blocks are mixed of construction sand, limemud and polymetallic nodules
81
STOCK MARKET NEWS UPDATES

27 Nov, 05:58

CYIENT DLM ; HDFC MF BUYS ADDITIONAL 2.19 % STAKE ON 22 NOV VIA OPEN MARKET

STAKE INCREASED TO 9.85 % FROM 7.66 % EARLIER
86
STOCK MARKET NEWS UPDATES

27 Nov, 05:57

IGL ; HDFC MF BUYS ADDITIONAL 0.07 % STAKE ON 22 NOV VIA OPEN MARKET

STAKE INCREASED TO 5.01 % FROM 4.94 % EARLIER
84
STOCK MARKET NEWS UPDATES

27 Nov, 05:57

Citi On Ola Electric

Initiate Coverage With A Buy Call, Target At ₹90/Sh

Target Price Is Based On 4xFY26e EV/Sales

Profitability To Improve As Capacity Utilisation Increases

Preference Order Within The 2w Space Now:
Eicher>Hero>Ola>Bajaj Auto>TVS
91
STOCK MARKET NEWS UPDATES

27 Nov, 05:56

NTPC GREEN Says 13,000-16,000 MW Of Solar & Wind Projects Are Under Execution

Funding For Us Will Be On The Most Optimum Price

Signed MOU w/Chattisgarh State Power yesterday, will be completed within 18-20 months

Huge line up for capacity addition going

Will Commission 5,000 MW Of Projects By FY26

Will be commissioning 19000 MW by 2027

Need 1 Lk Crore Capex Till 2028

Plans To Add 3 GW, 5 GW, 8 GW Over 3 Years

Need 1 Lk Crore Capex Till 2028

Working on commissioning various projects at the moment
80
STOCK MARKET NEWS UPDATES

27 Nov, 04:56

Morgan Stanley Says Fiscal Deficit Forecast For FY26 Is At 6.5%

FY26 GDP Forecast Is At 6.5%

Not Assuming Tariff Hikes For India

If We See Tariff Hikes In India; There Could Be More Downside

Fundamentals & Forex Reserves Are Well Positioned For Rupee

December & January Inflation Numbers Could Be At 4.8%

Expect Rate Cut From RBI In April 2025
68
STOCK MARKET NEWS UPDATES

27 Nov, 04:46

IGL seems to have bottomed out, as per multiple brokerages

Multiple analysts after factoring the impacct of couple of cuts in APM gas allocation, see value in IGL, given the sharper than expected fall

Consensus Target at Rs 412

ICICI Sec – Upgrade to Buy from Add; TP at Rs 412 – 29% upside

Axis Cap – Maintain Add; TP at Rs 360 – 12.5% upside

Morgan Stanley – Maintain Overweight; TP at Rs 373 – 16.6% upside

Citi – Maintain Buy; TP at Rs 525 – 64% upside
75
STOCK MARKET NEWS UPDATES

27 Nov, 04:26

NILESH SHAH KOTAK AMC

This is a market where quality will outperform momentum, high floating stocks will outperform low floating stocks

Asset allocation key in such volatile times

Festive season has begun on a reasonably good note, apparel sales have been strong

Expect growth to be better in H2FY25 than H1FY25

Focus on land, labour, farm, judicial crucial if India wants to grow in double digit

Investors should moderate their return expectations

Should not expect the kind of returns we have seen in the last 3-5 years'

Every dip should be used as an opportunity to buy

Positive on gold, silver with a 3-5 year standpoint

Private banks trading below historical averages

Pharma, IT trading around historical averages
72
STOCK MARKET NEWS UPDATES

27 Nov, 03:49

JPM on LTMindtree
OW, TP Rs 6900

Analyst days takeaways
1) Discretionary spends are still missing in action
2) Growth needs to accelerate to expand margins to 17-18%,
3) $10bn rev target
4) Al strategy is to embed
5) Large deal pipeline strong
6) Launched Project North Star
48
STOCK MARKET NEWS UPDATES

27 Nov, 03:48

MS on LTMindtree
OW, TP Rs 7050

Analyst Day Takeaways
Key highlights
a) discretionary spending still elusive,
b) sales engine showing decent momentum
c) strategic change in delivery model to embrace Gen Al;
d) margin aspirations of 17-18% at US$10bn revenue scale
48
STOCK MARKET NEWS UPDATES

27 Nov, 03:48

BROKERAGES ON M&M

. Macquarie: Strong BEV model launch at attractive pricing

. Nomura: M&M has addressed the shortcomings of an EV in India; believe M&M products are better than global competition in many respects

. Jefferies: Found the vehicles well-

designed, feature-rich, attractively priced, and likely to provide a compelling proposition to customers
49
STOCK MARKET NEWS UPDATES

27 Nov, 03:47

MORGAN STANLEY ON HYUNDAI MOTOR

. Initiate Overweight with target price of Rs 2418

. Demand and model cycle to turn favorably

. New capacity addition, market revival and product action to drive FY26/27 growth

. With support from its parent, Hyundai is also well placed in SUVs and EVs/HEVs

. With a FY27 P/E of 19x against an India OEM (ex Tata) average of 22x, valuation is attractive
61
STOCK MARKET NEWS UPDATES

22 Nov, 06:43

Three BofA India Bankers Leave Amid Probe on Stock Offerings - BLOOMBERG

Authorities are probing Aditya Birla Capital and Sun Life India's $178M share sale in Aditya Birla Sun Life AMC in March, per IFR.
23
STOCK MARKET NEWS UPDATES

22 Nov, 05:38

GMR AIRPORTS: PROMOTER BUYS ADDITIONAL 70 K SHARES ON 19,21 NOV
45
STOCK MARKET NEWS UPDATES

22 Nov, 05:08

India NOV HSBC India Manufacturing PMI At 57.3 V 57.5 In Oct

India NOV HSBC India Services PMI At 59.2 V 58.5 In Oct
46
STOCK MARKET NEWS UPDATES

22 Nov, 04:41

GRSE, MAZAGON DOCK;, COCHINSHIPYARD: Sources Says Three new shipping sector bills to be introduced in the winter session

Indian Ports Bill may be introduced

Government will introduce Merchant Shipping Bill

Coastal Shipping Bill may be introduced in the session
59
STOCK MARKET NEWS UPDATES

22 Nov, 04:40

ICICI PRUDENTIAL AMC SAYS Global outflows is the primary reason of the current correction

Nothing big to worry about at this point in time

Valuations continue to remain expensive in mid & small-cap index

Largecaps reasonably priced versus mid & smallcaps

Market valuations are clearly not attractive at this juncture

US needs to handle macros and fiscal deficit well
56
STOCK MARKET NEWS UPDATES

22 Nov, 04:19

UFO MOVIEZ: Board approved a Securities Purchase Agreement (SPA) on November 22, 2024. The company plans to sell 👇

30,59,950 equity shares (48.11%) of Mukta V N Films Limited

10 equity shares held by each Nominee Shareholder.

2,40,000 share warrants of Mukta.

After the transaction, UFO Moviez will fully exit its equity and warrant holdings in Mukta.
58
STOCK MARKET NEWS UPDATES

22 Nov, 04:02

Godrej Properties In Focus - big upgrade

Bofa Sees 30% upside

Upgrade to Buy from Neutral; Hike TP to Rs 3600 from Rs 3500

Risk-reward turns attractive after recent correction

Residential cycle is still healthy; GPL is well stocked

Forecast 20%+ bookings CAGR with risks ...
65
STOCK MARKET NEWS UPDATES

22 Nov, 04:00

S&P ACTION ON ADANI GRP COS

Various Rating Actions Taken On Five Adani Group Entities ON U.S. Indictment

Revise Outlook To Negative On Adani Electricity & Adani Ports

Adani Group's Cashflow Could be Materially Affected If The Allegations Are Proven

Believe Domestic, Some Intl Bks & Bond Mkt Investors Could Set Grp Limits On Exposure To Adani Group
60
STOCK MARKET NEWS UPDATES

22 Nov, 03:59

BHEL ; BHEL is set to commission 9 GW of thermal power this year, four times its annual average, driven by ₹65,000 crore projects and government support. - ET
55
STOCK MARKET NEWS UPDATES

22 Nov, 03:59

BLACKBOX, ANANT RAJ, ABB INDIA, HBL POWER ; India's data center industry is poised for 66% growth and $4B investments by 2026, driven by Al, cloud, and 5G adoption. - Et
56
STOCK MARKET NEWS UPDATES

22 Nov, 03:48

Bernstein on PFC/REC

PFC-REC stocks have been down sharply on news from US SEC around their concerns on Adani Green &Azure (not covered)

Think street is not realizing that loans given by REC to Azure have nothing to do with the project implied in this article

Also, that operating renewable assets are like bonds which can be easily sold off & even underconstruction ones can always be re-purposed for another contract

Continue to be +ve on PFC & REC & see recent correction as an enhanced buying opportunity
64
STOCK MARKET NEWS UPDATES

22 Nov, 03:47

JEFFERIES ON LOGISTICS

ADANI PORT ; BUY, TARGET 1855

JSW INFRA ; BUY, TARGET 360

DELHIVERY : BUY, TARGET 515

CONCOR : BUY, TARGET 1050

ALLCARGO LOGISTICS; BUY, TARGET 80

GATEWAY DISTIPARK : BUY, TARGET 110

TCI EXPRESS ; BUY, TARGET 1425

GUJARAT PIPAVAV ; UNDERPERFORM, TARGET 135
72
STOCK MARKET NEWS UPDATES

14 Nov, 09:32

GOVT SOURCES Says No need to worry about current market correction

Govt Confident That Flls Will Come Back

Market correction in normal course
244
STOCK MARKET NEWS UPDATES

14 Nov, 08:54

OLA ELECTRIC: Sources Says CCPA Orders Detailed Investigation To DG, BIS - ETNOW

To Investigate Deficiency In Products & Services

Investigation Ordered On Nov 6 To DG, BIS

Sources Says Complaints Forcefully Closed; ; Marked As Addressed
237
STOCK MARKET NEWS UPDATES

14 Nov, 08:53

INDIA OCT TRADE DATA

Oct exports at $39.20 bn vs $33.43 bn YoY

Oct imports at $66.34 bn vs $63.86 bn YoY

Oct trade deficit at $27.14 bn vs $30.43 bn YoY
232
STOCK MARKET NEWS UPDATES

14 Nov, 04:48

Tata Sons is establishing a holding company for Tata Motors to manage its passenger car and commercial vehicle divisions, which will be demerged into two distinct entities.

This strategic move aims to unlock value and allow for greater focus. The demerger is anticipated to be finalized in the first quarter of 2025-26.

Additionally, the company indicated that it might explore the option of listing its electric vehicle business after the demerger of the passenger and commercial vehicle units.
230
STOCK MARKET NEWS UPDATES

14 Nov, 04:41

CLSA Says Believes India's relative underperformance may continue, possibly extending through Q1 of 2025

It could take 6 to 12 months to identify any consistent pattern

Nifty appears to have downside support at 22,800

Any substantial upside seems limited, with no major signs of a breakout at present in Nifty

Caution is advised until clear opportunities emerge

Bitcoin could present a good buying opportunity on any dips, with the global financial space also showing promise

Crude oil is expected to remain range-bound, with strong support around $70

In the banking sector, private banks could make a comeback, with HDFC Bank looking particularly interesting

Sectors like autos, consumer goods, and real estate are currently in a correction phase, and this trend is likely to continue
191
STOCK MARKET NEWS UPDATES

14 Nov, 04:32

HAPPIEST MINDS Says We Have Our Task Cut Out To Achieve Revenue Guidance Of 30-35% For FY25

H1 Margin At 22.7% Is Well Ahead Of Guidance Of 20-22%

Earlier Happiest Minds Technologies forecasted 35-40% revenue growth for FY25

HAPPIEST MINDS CUTS FY25 REVENUE GUIDANCE
108
STOCK MARKET NEWS UPDATES

14 Nov, 04:27

GOLDMAN SACHS Says Clients Are Overwhelmed By Opportunity In India - CNBC-TV18

This May Not Be India's Decade But India's Century

Natural Cycle Of Profit Taking As India Was Trading At 22-23x Forward, Earnings Led To A Pullback

Need To Separate Near-term & Long-term Opportunities
105
STOCK MARKET NEWS UPDATES

14 Nov, 04:19

Jefferies On Eicher

Retain Buy Call, target At '5,500/Sh

Royal Enfield Volumes Are Showing Signs Of Pick-up

Royal Enfield Should Be A Key Beneficiary Of 2W Premiumisation

Toughest Phase Of Competition Is Behind
102
STOCK MARKET NEWS UPDATES

14 Nov, 04:19

ASHISHKUMAR CHAUHAN NSE

Whenever There Has Been More Compliance, More Investors Have Come To The Market

Getting Stocks In The F&O Segment Is Based On An Algorithm And It Is Rule Based

Today We Are Doing 30,000 Trades A Day
93
STOCK MARKET NEWS UPDATES

14 Nov, 03:44

JEFFERIES ON PI IND

(CMP: 4,446)
MAINTAIN BUY
TARGET: 5,100

CSM Exports Saw Double-digit Revenue Growth

Domestic Revenue In-line While Pharma Slightly Ahead

Mgmt Lowered FY25 Rev Growth Guidance To High-single Digit
102
STOCK MARKET NEWS UPDATES

14 Nov, 03:44

JEFFERIES ON EICHER

(CMP: 4,859)
RETAIN BUY
TARGET: 5,500

Q2 EBITDA Flat YoY, But 8% Below Est On Lower-than-expected RE Margin

RE Volumes Are Showing Signs Of Pick-up

RE Should Be A Key Beneficiary Of 2W Premiumisation

Toughest Phase Of Competition Is Behind
111
STOCK MARKET NEWS UPDATES

13 Nov, 09:41

CLSA Analyst Says Market Has Digested The Earnings Decline, FII Selling With Little Damage

Govt Needs To Spend At 14% YoY To Reach Budget Target

With $ Rising After Trump 2.0 It Is Going To Be Tough To Get EM Inflows
133
STOCK MARKET NEWS UPDATES

13 Nov, 03:45

KALPATARU PROJECTS: CO WINS ORDER WORTH 2,273 CR RUPEES

KALPATARU PROJECTS: CO MD SAYS WITH THESE ORDERS, CO'S YTD ORDER INFLOW STANDS AT APPROX. RUPEES 14,100 CR, NEARLY 56% OF ORDER INTAKE TILL DATE IS FROM CO T&D BUSINESS
144
STOCK MARKET NEWS UPDATES

13 Nov, 03:40

MACQUARIE ON ZOMATO

Maintain Underperform; Hike target price to Rs 130 from Rs 100

Hyper growth meets hyper competition

Revisit the fundamental building blocks of our growth and unit economics for Blinkit Quick Commerce and Zomato Food Delivery

Cut our earnings estimates and note downside risks to consensus

Raise target price to Rs130 on a lower discount rate assumption
139
STOCK MARKET NEWS UPDATES

13 Nov, 03:39

MACQUARIE ON SWIGGY

Initiate Underperform with target price of Rs 325

Long runway, but bumpy winding path to profit

Swiggy, India's number-two consumer app, has a clear path to catch up with leader Zomato

Quick Commerce is more complex, with no sustainable economic profits

Expect Group EBIT breakeven in FY28E even with 23% core revenue CAGR

Swiggy's contribution margin is almost at par with the leader Zomato που

On adjusted EBITDA margin level, the gap is wider due to a smaller GOV base to absorb higher central branding and employee costs

See Swiggy bridging this profitability gap with ~30% higher transacting users
125
STOCK MARKET NEWS UPDATES

13 Nov, 03:37

NTPC Green IndiaIPO Price Band Set At ₹102-108/Sh

NTPC Green’s ₹10,000 Cr IPO To Open On Nov 19 And Close On Nov 22
117
STOCK MARKET NEWS UPDATES

12 Nov, 09:32

SAMVARDHANA MOTHERSON Q2; NET PROFIT AT 880 CR V 200 CR YOY

REVENUE AT 27811 CR V 23527 CR

EBITDA AT 2447 CR V 1987 CR YOY

MARGINS AT 8.8 % V 8.4 %


SAMVARDHANA MOTHERSON Q2 V ESTIMATES

PROFIT AT 880 CR V EST 910 CR

REVENUE AT 27,812 CR V EST 28,334 CR

EBITDA AT 2447 CR V EST 2691 CR

MARGINS AT 8.8 % V 9.5 %
132
STOCK MARKET NEWS UPDATES

18 Oct, 09:12

HINDUSTAN ZINC Q2 ; SL NET PROFIT AT 2298 CR V 1737 CR (ΥΟΥ)

REVENUE AT 8248 CR V 6792 CR (YOY)

EBITDA AT 4123 CR V 3139 CR YOY

MARGINS AT 49.95 % V 46.1 %

Net Profit At ₹2,327 Cr Vs CNBC-TV18 Poll Of ₹2,256 Cr

Revenue At ₹8,252 Cr Vs CNBC-TV18 Poll Of ₹7,979 Cr

EBITDA At ₹4,123 Cr Vs CNBC-TV18 Poll Of ₹3,983 Cr

PROFIT INCLUDES 83 CR EXCEPTIONAL LOSS
284
STOCK MARKET NEWS UPDATES

18 Oct, 09:12

GODREJ PROPERTIES CEO Says Co Grew 90% In H1FY25; Maintain Guidance - ETNOW

Godrej Reserve Is The Highest Selling Project In Mumbai

'Reserve' Booked Sales Worth 2,700 Cr In A Day

Will Launch A Few Projects In Mumbai

Polycab recovers from lows, more than 7% off lows

Great Festive Response So Far

Robust Demand in NCR & Bengaluru
279
STOCK MARKET NEWS UPDATES

18 Oct, 08:14

MORGAN STANLEY ON CITY GAS PLAYERS

City gas players will raise prices by 5% over next few weeks and months on a calibrated basis

See limited impact for IGL and Gujarat Gas on volume growth medium term

Shift in APM allocation could accelerate the process of bringing gas under GST DODI

Will look to buy the recent underperformance in ONGC, GAIL, Indraspratha Gas and Oil India
240
STOCK MARKET NEWS UPDATES

18 Oct, 06:04

GENSOL ENG AND SAIL IN FOCUS

MINISTRY OF NEW AND RENEWABLE ENERGY HAS SANCTIONED TOTAL THREE PILOT PROJECTS IN THE STEEL SECTOR, MATRIX GAS AND RENEWABLES LTD , SIMPLEX CASTINGS AND CO WITH PLANT CAPACITY 3200 TPD
232
STOCK MARKET NEWS UPDATES

18 Oct, 05:56

JINDAL STAINLESS Management Says Will not be able to achieve 20% for FY25, targeting 10-15% volume growth for FY25

Believe EBITDA/ton will improve in H2, Targeting EBITDA/ton of Rs 18000/ton for FY25

Seeing good growth momentum in Domestic market, Very bullish on domestic demand

Will not be able to achieve export target of 15% this year --- targeting 10% revenue from exports for FY25

Stainless steel Imports into India from China, Vietnam continue to surge

35% of stainless steel consumption is met by imports

Expect the govt to take cognisance of rising imports and come up with a resolution

Most European economies including Germany weighing heavy on export demand

Focusing on catering to South America, South Korea, Japan, Canada, Middle East demand - ETNOW
222
STOCK MARKET NEWS UPDATES

18 Oct, 05:18

ZOMATO: Sources Says Co. Likely To approve Rs 8500 Cr Fund Raising - CNBC-TV18
161
STOCK MARKET NEWS UPDATES

18 Oct, 05:17

TATA COMM MANAGEMENT Says Order book has expanded in H1 which is positive - ETNOW

Seeing good YoY data growth which is on the back of acquisition

Changing revenue mix is the reason behind the decline in margins

Working towards our aspirational margins of 23-25%

See no reason to change our aspiration at this moment

Will be monetising one of the major land parcels

STT is buying this land from us to expand its data center capacity

Proceeds will be used for expanding business and reducing debt
153
STOCK MARKET NEWS UPDATES

18 Oct, 05:15

HAVELLS INDIA Management Says Looking at EBITDA margin of 13-14% excluding Lloyd- CNBC-TV18

Incremental capex of ₹450 cr incurred for Tumkur Facility

Planned capex of ₹1,900 cr in couple of years, out of which ₹1,000 cr is for FY25
141
STOCK MARKET NEWS UPDATES

18 Oct, 03:50

WIPRO Management Says Will Have Taken Care Of All Fresher Backlog Since COVID By The End Of Q3 - CNBC-TV18

Able To Capture Discretionary Spend In BFSI Due To Capco

No Significant Uptick In Discretionary Vs Q2

Large Deal Momentum Has Been Over $1 Bn For The Last Fe Quarters

Pipeline Is Looking Healthy Across 4 Markets

Utilisation Near All-time High, Offshoring Healthy

Have Done A Lot Of Work On G&A Optimisation

Capco Momentum Is Adding To Margin Expansion

We Have Onboarded Freshers In Q1FY25 After Not Going To Campuses Last Year

We Are Adding 2,500-3,000 Freshers Every Quarter
143
STOCK MARKET NEWS UPDATES

18 Oct, 03:44

MS ON NESTLE

(CMP: 2,379)
MAINTAIN UNDERWEIGHT
TARGET: 2,114

Q2 Was Another Miss On Topline & Bottomline

Other Expenses Were Higher, Led By Ad Spend

Exceptional Gain Of ₹180 Cr Reported On Slump Sale Of Nutraceutical & Nestle Biz Svcs Division
118
STOCK MARKET NEWS UPDATES

18 Oct, 03:43

CLSA on Tata Communications

O-P, TP Rs 2220

2Q consol. rev of Rs57.7bn, up 18% YoY/2% QoQ, was above est.

Data revenue up 21% YoY/3% QoQ, driven by digital services (46% of data rev) with 52% YoY/4% QoQ growth.

Consol. Ebitda of Rs11.2bn, up 10% YoY/-1% QoQ, in line
109
STOCK MARKET NEWS UPDATES

18 Oct, 03:43

INVESTEC ON LTIMINDTREE

. Maintain Sell; hike target price to Rs 5600 from Rs 5370

. An inline quarter; expect a weaker H2

. Revenue growth was broad based across verticals

. Commentary highlights weaker revenue growth in H2

. Note that the stock has seen a meaningful rerating without commensurate outperformance
119
STOCK MARKET NEWS UPDATES

18 Oct, 03:42

BERNSTEIN ON AXIS BANK

. Maintain Outperform with target price of Rs 1250

. Q2 - Little to cheer about

. Sequential improvement in credit costs

. Low quality beat with a still weak asset quality picture

. A weak loan growth show

. Slowdown in Opex/high NOI utilized to push RoA >
134
STOCK MARKET NEWS UPDATES

18 Oct, 03:42

MACQUARIE ON WIPRO

Maintain Outperform with target price of Rs 670

Revenue and EBIT beat, PAT in- line

Would have hoped for better revenue guidance in Q3 given the strong deal wins

Management suggested this is largely due to furloughs
105
STOCK MARKET NEWS UPDATES

18 Oct, 03:41

BOFA ON MANAPPURAM FINANCE

Maintain Buy; Cut target price to Rs 220 from Rs 250

RBI restricts loan sanctions/disbursals by MFI sub

Cut earnings, factor de-rating

Cut consolidated earnings forecasts by 3-6% as we factor AUM growth moderation in Asirvad

Manappuram stock has de-rated 25% over the last 3M which we believe already factors the growth weakness and asset quality deterioration to a great extent

Retain Buy on undemanding valuations, discount to historical valuations and strong outlook for gold financing business
93
STOCK MARKET NEWS UPDATES

18 Oct, 03:41

JEFFERIES ON HAVELLS

Maintain Hold; cut target price to Rs 1870 from Rs 1880

Margin miss offsets healthy sales growth

Sales was led by C&W, ECD and Lloyd, but Switchgears and Lighting were tepid

Festive offtake has started on a positive note

Margins in many segments declined due to Do A&P advancement due to shift in season and volatile commodities festive

Cut FY25-27 EPS by 4-5%, and now est +19% EPS CAGR
98
STOCK MARKET NEWS UPDATES

18 Oct, 03:40

JEFFERIES ON CITY GAS DISTRIBUTION ( CGDs)

APM allocation cut a likely derating trigger

12-15% of the APM gas allocated to CGD players has been reallocated by the govt

This shortfall has to be covered by Spot/Short-term LNG leading to Rs3/3/2.3 per scm compression in EBITDA margin for IGL/MGL/Gujarat Gas

With rising dependence on market-linked gas, CGD players would be forced to defend margins at the expense of volume growth

This could trigger a derating of the sector

Will revisit est after pricing changes by players in coming days
113

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