Посты канала Sridhar Balakrishnan 🇮🇳🏆💰

HSBC Maintains Bullish Outlook On Indian Oil Marketing Cos

Lower Brent prices support OMC profits as fuel pump rates stay fixed

Rebound in Indian oil demand post- monsoon to help volumes

Oil volatility seen as positive, discouraging pump price changes

Lower future oil prices, stable fuel rates set to support OMC margins

Brokerage maintains Buy on IOCL, BPCL, HPCL IOCL/BPCL/HPCL target price set at
Rs 190/460/480

Target prices of IOCL/BPCL/HPCL imply 37%/49%/28% upside

**Emkay On Samvardhana
Motherson**

Retain ADD with TP 190 vs 200 earlier, Upside 14%

Organic revenue growth was 4-5% higher than the market

Believe premiumization-led growth in content per vehicle would continue for co

Better visibility in non-Autos with targets 25% sales contribution

But outlook is weakening and remains challenged across major markets

Lower FY25E/26E/27E EPS by 10%/5%/3%, due to lower margins

Amid the miss in Q2 and cost pressures

Richest mother in the world

*🇮🇳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)

*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)

*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)

Good Set of FY25Q2 Results from HPL ELECTRIC⚡️⚡️

✔️Rev Rs 422 Cr vs Rs 350 Cr, Q1FY25 Rev Rs 392 Cr
Sales ⬆️ 21% on YOY Basis

✔️Operating Profits Rs 60.6 Cr vs Rs 47.2 Cr, Q1FY25 Operating Profits Rs 56.1 Cr
Operating Profits ⬆️ 28% on YOY Basis

✔️Net Profits Rs 21.6 Cr vs Rs 11 Cr, Q1FY25 Net Profits Rs 17 Cr
Net Profits ⬆️ 96% on YOY Basis

✔️EPS has increased from 1.71 to 3.35, Q1FY25 EPS 2.65

#HPLELECTRIC #SMARTMETERS

GANESHA ECOSPHERE

Q2 :CONS NET PROFIT UP 872 % AT 27.11 CR (YOY), UP 20 % (QOQ)

REVENUE UP 39 % AT 386 CR (YOY) ,UP 15 % (QOQ)

EBITDA UP 119 % AT 55.2 CR (YOY),UP 16 %(QOQ)

MARGINS AT 14.3 % V 9.07 % (YOY), 14.15 % (QOQ)

DIVIDEND: 1.6

*I Can't Control:*

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→Market Volatility
→My Trades Outcome
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*But I can control:*

→My Method & Emotions
→My Holding Period
→My Investing Process
→My Risk Management

*Bharat Heavy Electricals Ltd.* | *CMP* Rs. 221 | *M Cap* Rs. 76954 Cr | *52 W H/L* 335/114
(Nirmal Bang Retail Research)

*Result ahead of expectations*
Revenue from Operations came at Rs. 6584.1 Cr (20% QoQ, 28.5% YoY) vs expectation of Rs. 5864.2 Cr, QoQ Rs. 5484.9 Cr, YoY Rs. 5125.3 Cr
EBIDTA came at Rs. 275 Cr (-262.4% QoQ, -278.9% YoY) vs expectation of Rs. -39.7 Cr, QoQ Rs. -169.4 Cr, YoY Rs. -153.7 Cr
EBITDA Margin came at 4.2% vs expectation of -0.7%, QoQ -3.1%, YoY -3%
Adj. PAT came at Rs. 96.7 Cr vs expectation of Rs. -84.1 Cr, QoQ Rs. -212.5 Cr, YoY Rs. -58.3 Cr
Quarter EPS is Rs. 0.3
Stock is trading at P/E of 27.4x FY26E EPS