Share Market Highlights August 14, 2024: Sensex settles 150 pts higher, Nifty above 24,140; IT stocks shine

Benchmark Sensex closed higher by 150 points on Wednesday, snapping its two-day losing streak following a rally in IT stocks amid a surge in the US markets.

The rupee traded in a narrow range to settle 2 paise higher at 83.95 (provisional) against the American currency on Wednesday, helped by a sharp decline in the US Dollar against major currencies overseas.

Kitex Garments, along with its promoter group company, ie, Kitex Childrenswear Limited, has decided to invest additional funds of not exceeding ₹102.65 Crore out of which 70% would be invested by the Company, in Kitex Apparel Parks Limited.

Vinod Nair, Head of Research, Geojit Financial Services on market today:

“The domestic market traded within a narrow range; even as global markets saw a positive turnaround. Investors adopted a cautious stance due to weak domestic sentiment and the risks of earnings downgrades. Meanwhile, a decline in WPI inflation, driven by lower food prices, signals that the RBI is progressing towards its price stability target. The IT index edged up, reflecting optimism for improved US CPI data expected later today, which could increase the scope of a loose monetary policy from the Fed.”

Major gainers on the NSE:

TCS (2.29%), HCL Tech (1.96%), Tech Mahindra(1.47%), Infosys (1.25%), M&M (1.16%) 

Major losers: 

Divi’s Lab (-4.03%), Hero Motocorp(-3.17%), Coal India (-3%), Ultratech Cement (-2.35%), Dr Reddy’s Lab (-2.14%)

BSE Sensex ended at 79,105.88, marginally up by 149.85 pts or 0.19%, and Nifty 50 closed at 24,143.75, up by 4.75 pts or 0.02%.

Gufic Biosciences Limited has appointed Jayesh P Choksi as Chairman & Managing Director of the company w.e.f. April 01, 2025.

The perspective on currency of Mihika Sharma – Associate Economist at CARE Ratings:

“The Indian rupee has slightly weakened by 0.3% against the dollar in August, reaching a new record low of 83.98 on August 12. This contrasts with most other Asian currencies which have strengthened against the dollar during the same period. Notably, the Malaysian ringgit has appreciated by 3%, the Indonesian rupiah by 1.9%, the Japanese yen by 1.9%, and the Chinese yuan by 0.6% in the month so far.

The rupee’s decline can be largely attributed to the unwinding of global carry trades. In these trades, investors use low yielding currencies such as the Japanese yen and the Chinese yuan to fund long positions in the rupee. However, investors started exiting carry trades after the Bank of Japan (BoJ) delivered a hawkish policy in July, raising its policy rate more than expected. Additionally, a fall in the dollar index, driven by weak US job market data, also contributed to the unwinding of carry trades.

We expect the rupee to trade between 83.60 and 84.10 in the near term. It may find support from a slowdown in unwinding of carry trades and easing US recession concerns, though rising oil prices could pose a challenge.”

Mahanagar Telephone Nigam recorded its standalone net loss for the quarter ended June 2024 at ₹771.82 crore as against ₹850.15 crore loss in the corresponding quarter last year.

Shares declined by 2.15% to trade at ₹58.67 on the NSE.

Major gainers:

TCS (2.25%), HCL Tech (1.90%), Infosys (1.37%), Tech Mahindra(1.23%), BPCL(0.96%)

Major losers:

Divi’s Lab (-4.11%), Hero Motocorp(-3.40%), Coal India (-3.33%), ONGC (-2.44%), Ultratech Cement (-2.43%)

Stocks advanced on BSE at 3 pm on August 14, 2024, were 1,454 against 2,440 stocks that declined; 105 stocks remain unchanged. Total stocks traded were 3,999. The number of stocks that recorded a 52-week high was 170, and those that hit a 52-week low was 63. 

In addition, 257 stocks traded in upper circuit and 299 stocks hit the lower circuit.

Epigral board has approved raising of funds for an amount not exceeding ₹500 Crore.

Stock trades at ₹1,847.50 on the NSE, down by 0.23%.

EID Parry India recorded its standalone net loss for the quarter ended June 2024 at ₹78.59 crore as against the loss of ₹45.77 crore in the corresponding quarter last year.

Stock fell 3.41% on the NSE, trading at ₹749.75.

Mazagon Dock Shipbuilders recorded its consolidated net profit for the quarter ended June 2024 at ₹696.1 crore as against ₹314.34 crore in the corresponding quarter last year.

Stock surges 3.39% on the NSE, trading at ₹4,997.35.

NIIT Managed Training Services (NIIT-MTS) has announced partnership with Century 21 Canada Limited Partnership, naming NIIT-MTS as their exclusive technology platform provider. 

NIIT Learning Systems stock rises 1.10% on the NSE, trading at ₹457.65.

Angel One Ltd, a leading player in the fintech sector, is pleased to announce the joining of Manmohan Singh as Group Chief Risk Officer. Angel One considers risk management essential to proactively identify and address potential threats and vulnerabilities that could impact the organization. In this role, Manmohan will be instrumental in shaping and implementing the company’s risk management strategy. His appointment accentuates Angel One’s dedication to enhancing its risk management framework and insulating its operations from emerging risks and challenges.

Ajmera Realty & Infra India Ltd (ARIIL) received a CRISIL A-/stable rating from CRISIL. This accreditation is a stellar testament to the robust financial and operational performance of ARIIL and showcases the positioning of the company in the Indian real estate landscape. This will help company optimize its debt profile and boost credibility, thus making a significant value-add that will foster new collaborations going further.

HAL recorded its standalone net profit for the quarter ended June 2024 at ₹1435.59 crore as against ₹814.19 crore in the corresponding quarter last year.

Shares trade flat at ₹4,742.80 on the NSE.

Bharti Airtel has announced the launch of its network in Phobrang village on the Indo-China border.

Bharti Airtel stock rises 1.32% on the NSE, trading at ₹1,479.

L&T has entered into a share purchase agreement with The Wave Development SPC (‘Wave’) for purchase of additional 15% stake in Larsen & Toubro (Oman) LLC (‘L&T Oman’), an existing Joint Venture between LTIFZE and Wave.

L&T shares trade flat at ₹3,556.30 on the NSE.

Hair & Care, the hair oil brand from Marico Ltd, has announced the launch of Hair & Care Oil in Serum.

Stock declined by 1.56% on the NSE, trading at ₹650.25.

Birla Estates Private Limited, a wholly owned subsidiary of Century Textiles & Industries, has incorporated a wholly owned subsidiary ‘Unnatam Properties Private Limited’.

Century Textiles stock declined by 4.13% on the NSE, trading at ₹2,110.

CG Power and Industrial Solutions informed that a demand order is passed by the State Tax Officer, Pondy Bazaar, Assessment Circle under TNGST Act, imposing penalty of ₹12,60,618 on account of multiple issues such as E-way bill turnover mismatch with GSTR-1, ITC mismatch with GSTR-2A, ITC from cancelled GSTN, TDS credit etc. for the FY 2019-20.

Royal Orchid Hotels recorded its standalone net profit for the quarter ended June 2024 at ₹4.43 crore as against ₹4.66 crore in the corresponding quarter last year.

Stock dips 3.08% on the NSE, trading at ₹334.

MCap: Rs252bn; CMP: Rs3597; TP: Rs4070; Upside: 13%; Rating: Accumulate

~ We raise TP to Rs4,070 (previously Rs3,900) and move to Accumulate rating. Increase in TP is mainly due to valuation roll forward.

~ In 1QFY25, RMT reported a miss to our estimates mainly due to delayed dispatches of SS pipes in the export market, which in turn was impacted due to container availability. We expect these orders to be completed in the subsequent quarters leading to no substantial change in our earnings.

~ Order booking across SS and CS pipe rebounded post two quarters of election led slowdown but demand but line pipes (Oil & gas) is still a concern. Until then, water projects should drive the CS pipe order book. 

~ With capacity expansions, strong ramp up of the bearings and spooling business and plans to tap the fast growing Middle east market, we remain positive on RMT.

Detailed Report: https://bit.ly/rmt1qfy25

Top gainers: TCS (2.04%), Apollo Hospitals (2.02%), HCL Tech (1.50%), Tech Mahindra (1.27%), BPCL (1.21%)

Top losers: Divi’s Lab (-4.06%), Hero Motocorp (-3.57%), Tata Steel (-3.01%), Coal India (-2.87%), Ultratech Cement (-2.07%)

Of a total of 3,876 stocks traded on the BSE at 12 noon on August 14, 2024, 1,314 advanced, against 2,446 stocks that declined; 116 stocks remained unchanged. While 150 stocks recorded a 52-week high, 52 hit a 52-week low. In addition, 222 stocks traded in the upper circuit and 280 stocks hit the lower circuit.

Akme Fintrade (India) has opened a new branch office in Sagwara, Dungarpur.

Stock trades flat at ₹100.62 on the NSE, down by 0.03%.

Diamond Power Infrastructure has received a letter of intent from Larsen & Toubro Limited Construction worth ₹40.12 Crore (inclusive GST) for supply of AL 59 Zebra Conductors-New Generations Aluminum Alloy Conductors. 

Stock declined 2% on the NSE, trading at ₹1,459.80.

Maruti Suzuki India has received a Show Cause Notice from the Office of the Commissioner of Customs (Import), Air Cargo Complex, Mumbai, demanding the Company to provide the reasons for claiming custom duty exemption on the import of certain category of goods and to pay the differential duty of INR 3,81,37,748/- along with applicable interest and penalty.

Stock trades at ₹12,164.80 on the NSE, down by 0.09%.

HSCC (India) Limited, a wholly owned subsidiary of NBCC (India) Limited, hsa received a work order for ₹528.21 crore for the procurement of Bio Medical Equipment and Hospital Furniture for Pt. Deen Dayal Upadhayaya University of Health Sciences, Kutail, Karnal. 

Shares rise 2.06% on the NSE, trading at ₹176.88

*1. Kings Infra: 

For the quarter ending Jun-24, Sales up 34% YoY from INR 20.96 Cr in Jun-23 to INR 28.08 Cr in Jun-24. Similarly, Net Profit up 34% from INR 2.15 Cr to INR 2.88 Cr. On a QoQ basis, Sales up 11% and Net Profit up 59%.

*2. ⁠BCL Industries:

For the quarter ending Jun-24, Sales up 48% YoY from INR 429 Cr in Jun-23 to INR 636 Cr in Jun-24. Similarly, Net Profit up 25% from INR 20 Cr to INR 25 Cr. On a QoQ basis, Sales up 6% and Net Profit up 4%.

3. ⁠Bondada Engineering: ORDER

Company has received a work order worth INR 85.1 Cr from Bharat Sanchar Nigam Limited, for providing infrastructure Service, for supply and erection of GBT, Infrastructure as a Service Provider, for supply installation of Infrastructure Item and subsequent O&M for 5 years.

4. ⁠E2E Networks: FUND RAISE

Board Meeting to be held on 19-Aug-2024 to consider Fund raising. 

5. Kaushalya Logistics: GEOGRAPHICAL EXPANSION

Company has received a LoI from Adani Cement to establish its second depot for Adani Cement, in Binagudi, West Bengal. Company will oversee rake operations, depot management, and secondary transportation at this new location. This new facility is expected to handle approximately 50,000 tons per Annum. This development is a strategic milestone for KLL, as it strengthens the company’s role as a key logistics partner for Adani Cement. Company is in advanced negotiations to establish additional depots with Adani Cement, JK Cement, and Dalmia Cement, reinforcing its reputation as a trusted logistics provider in the cement sector.

Top gainers: Marksans (8.78%), Policy Bazar (8.53%), EPL (8.38%), Sarda Energy (8.34%), Triveni Turbine (6.64%)

Top losers: DCAL (-10.07%), PEL (-9.71%), Ahuwalia Contracts (-8.18%), HEG (-7.20%), BEML (-5.64%)

Nifty 50, the Indian benchmark index, opened today’s session with a gap-up at 24,184 versus yesterday’s close of 24,139. But after opening, the index moderated and is now hovering near yesterday’s closing level. Read more

Coffee Day Enterprises stock surges 3.01% to trade at ₹35.90 on the BSE. The company on Tuesday settled a case pertaining to violation of disclosure norms with markets regulator SEBI on payment of Rs 7.52 lakh towards settlement charges

Nifty IT rose 1.07% to trade at 39,532.70. Nifty FMCG declined by 0.41% to 61,244.75, Nifty Private Bank was down 0.38% to 24,850.85, and Nifty bank slipped 0.19% to trade at 49,736.70 as at 10.28 am.

Buy back price 4500

Size 130cr

Record date 27 August

Zydus Wellness Products Ltd, a wholly-owned subsidiary of Zydus Wellness, has received an Order from The Commercial Tax Officer, Dharwad, Karnataka under section 73 of the CGST Act, 2017 (“the Act”) read with rule 100(1), 100(2), 100(3) & 142(5) of the CGST Rules (“the Rules”) alleging short payment of tax for FY 2019-20 amounting to ₹ 0.74 million (including penalty of ₹ 0.04 million), on account of alleged excess input tax credit availed. 

Stock slid 2.16% on the NSE, trading at ₹2,228.30.

SJVN shares rise 7% in early trade on Wednesday on Q1 earnings boost --Track live movement here: 

Route – Tender \u0009\u0009

Buyback Price: 465/-\u0009\u0009

Current Market Price: 405/-

Market Cap: Rs 1,09,266 Crores\u0009\u0009\u0009

Buyback Size: Rs 2,640 Crores (Representing 9.99% and 9.96% of the total paid up equity share capital and free reserves)\u0009\u0009

Buyback Size: 5,67,74,193 shares (Representing 2.11% of O/s. shares)\u0009

Retail Quota: 85,16,129 Shares

Entitlement:

General Category - 5 Equity Share for every 139 Equity Shares held on the Record Date

Retail Category - 1 Equity Shares for every 4 Equity Shares held on the Record Date

Buyback Record Date: 09 Aug 2024

Tender Period:

Start Date - 14 Aug 2024 (Today)

Close Date - 21 Aug 2024

Obligation Date - 27 Aug 2024 

Settlement Date - 28 Aug 2024

14 August 2024 (Today)

Derivative Segment

* Glenmark Pharmaceuticals

* Hindustan Aeronautics Ltd.

* Voltas Ltd.

Cash Segment

* E.I.D. - Parry (India) Ltd.

* Equinox India Developments

* Jindal Poly Films Ltd.

* KIOCL Ltd.

* KNR Constructions Ltd.

* Mazagon Dock Shipbuilders 

* Polyplex Corporation Ltd.

* Rajesh Exports Ltd.

* RHI Magnesita India Ltd.

* Shriram Properties Ltd.

* Sunteck Realty Ltd.

* Swan Energy Ltd.

21 August 2024

Derivative Segment

Nil

Cash Segment

* Procter & Gamble Health

22 August 2024

Derivative Segment

Nil

Cash Segment

* Alembic Pharmaceuticals Ltd.

28 August 2024

Derivative Segment

Nil

Cash Segment

* P&G Hygiene & Health Care Ltd.

29 August 2024

Derivative Segment

Nil

Cash Segment

* Gillette India Ltd.

Jamshri Realty Ltd.

Stock Split From Rs.1000/- to Rs.10/-

Previous day Closing Price – Rs. 21990.80

Ex - Stock Split 16 Aug 2024 (Friday)

Last day trade for before split Today

Ex-Dividend 16 Aug 2024 (Friday)\u0009

Last date for Cum-Dividend Today\u0009

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Abirami Financial Services (India) Ltd.\u0009

Dividend Per Share Rs.2.5\u0009

Previous day Closing Price – Rs. 61.66\u0009

\u0009

Alkali Metals Ltd.\u0009

Dividend Per Share Rs.1\u0009

Previous day Closing Price – Rs. 123.45\u0009

\u0009

Anuh Pharma Ltd.\u0009

Dividend Per Share Rs.2.5\u0009

Previous day Closing Price – Rs. 211.2\u0009

\u0009

Apollo Hospitals Enterprise Ltd.\u0009

Dividend Per Share Rs.10\u0009

Previous day Closing Price – Rs. 6586.55\u0009

\u0009

Astral Ltd\u0009

Dividend Per Share Rs.2.25\u0009

Previous day Closing Price – Rs. 1909.05\u0009

\u0009

Bata India Ltd.\u0009

Dividend Per Share Rs.10\u0009

Previous day Closing Price – Rs. 1403.15\u0009

\u0009

Bella Casa Fashion & Retail Ltd\u0009

Dividend Per Share Rs.0.97\u0009

Previous day Closing Price – Rs. 419.85\u0009

\u0009

Bharti Hexacom L…

[10:03 am, 14/8/2024] KS BadriNarayanan: Stock Split Dates

Jamshri Realty Ltd.

Stock Split From Rs.1000/- to Rs.10/-

Previous day Closing Price – Rs. 21990.80

Ex - Stock Split 16 Aug 2024 (Friday)

Last day trade for before split Today

Sensex and Nifty opened lower on Wednesday, defying expectations of a positive start amid global market gains. The BSE Sensex fell 47.14 points (-0.06 per cent) to 78,908.89, while the NSE Nifty declined 4.90 points (-0.02 per cent) to 24,134.10 at 9:32 AM. Read more

The initial public offering of Saraswati Saree Depot will close for public subscription today. The IPO has received a strong response from investors in the first two days, when it was subscribed 16.34 times. All categories of investors, especially non-institutions, are pouring in money into the IPO. Read more

Gensol Engineering Ltd and Matrix Gas and Renewables Ltd in consortium have secured a cumulative 300 MW capacity, including a prior 63 MW awarded in the first tranche of the SECI tender that equates to Rs. 450 Crore cumulatively incentive under the PLI scheme.

Stock declined 1.49% on the NSE, trading at ₹942.85

GMR announced the execution of the Agreement and Scheme of merger of GMR Airports Ltd (GAL) with GMR Airports Infrastructure Ltd (GIL) in Mar’23. This merger concluded in Jul’24.

Stock trades at ₹93.15 on the NSE, down by 1.75%.

Top gainers: Hindalco (1.61%), HCL Tech (1.41%), M&M (1.12%), Tech Mahindra (1.01%), TCS (0.69%)

Top losers: Divi’s Lab (-2.77%), Hero Motocorp (-2.24%), Ultratech Cement (-2.14%), Adani Ports (-1.38%), Adani Enterprises (-1.25%)

Crude oil futures traded higher on Wednesday morning as the industry report showed decline in crude oil inventories in the US. At 9.14 am on Wednesday, October Brent oil futures were at $81.12, up by 0.53 per cent, and September crude oil futures on WTI (West Texas Intermediate) were at $78.89, up by 0.69 per cent. August crude oil futures were trading at ₹6621 on Multi Commodity Exchange (MCX) during the initial hour of trading on Wednesday against the previous close of ₹6596, up by 0.38 per cent, and September futures were trading at ₹6496 against the previous close of ₹6474, up by 0.34 per cent.

Neutral Call, Target Rs 1,720

Increased Priority Sector Lending (PSL) Requirements To Have Marginal NIM Impact

NIM Improvement Led By Better Funding Mix Remains Key RoA Driver

NIM Improvement Will Come At Cost Of Loan Growth

Balancesheet Course Correction Will Be Gradual

Buy, TP Rs 220

Beyond Q1 margin blip, growth outlook strong- Organic biz stable Y/Y, Inorganic adds 22% of rev & electronics new opportunity

Non auto rev scale up can be sizeable (25-30% CAGR BofAe): Crystal screens for mobiles + aerospace biz

(CMP: 6,589)

MAINTAIN UNDERPERFORM

TARGET: 5,040

Q1 Revenue & PAT Largely In-line

Q1 EBITDA Missed Estimate By 6%

Overall, EBITDA Margin Of 13.3%

Came Below Estimate Of 14%

Despite the overall Dollar weakness, Rupee is likely to open around 83.91. It is likely to underperform amid Dollar weakness. We expect it to trade in an 83.80-83.95 range with sideways price action.

Rupee ended flat yesterday at 83.97 after trading a mere 3 paise range (83.94-83.97 intraday

Cross/INR will spike up. Euro will be above the 92 mark and Pound close to 108.

Outperform Call, Target Rs 760

Q1 India EBITDA Was Ahead Of Est On Lower Aluminium COP & Better Copper Profitability

Spot LME Was $210/t Lower Than Q1

Profitability Impact Is Likely To Be Cushioned By A Better Mix And Hedging

With Downstream Expansion Near Complete, Focus Now Shifts To Upstream Projects

Upstream Projects Paves Way For Volume Growth & Margin Expansion

U-P, TP Rs 805

1Q core PAT Rs778m, below Rs815mn est. due to lower NII.

Co utilized Rs2.6bn of overlay provn in 1Q which aided profit

Retail loans growing well &legacy wholesale AUM should shrink further

Expect slow earnings recovery

Downgrade to U-P, TP cut to Rs 860

Net profit of Rs1.8bn in 1QFY25.

Negative credit costs due to lower provisions on stage 1/3 assets & one-off gains supported otherwise weak operating profit performance.

AUM growth of 10% YoY primarily driven by retail bk

* Initiate Buy with target price of Rs 700

* NCR region witnessing strong demand for luxury housing by branded developers

* Partnership with New York Life should help unlock value in the commercial business

* Deployment of capital into the fast- growing residential segment

* Capital-light model should ensure superior IRRS

* Maintain Sell with target price of Rs 4250

* Q1 miss; Revenue/EBITDA were 3%/5% below vs BBG cons

* Q1 ASP was down 3% QoQpotentially indicating some level of discounting due to channel inventory build up

* See some risk to Hero’s volume trajectory

* Maintain Underweight with target price of Rs 138 000

* Beauty: Higher marketing f spends weigh on margins

* Fashion: Weak revenue growth; margin expansion comes through

* Stake increase in Dot & Key and Earth Rhythm

* Maintain Overweight with target price of Rs 725

* EBITDA beat in India business; three upstream projects on the anvil

* Believe these expansions will not come at the cost of balance sheet the health

* Q2FY25 should see a softer EBITDA/t due to decline in LME price

* Maintain Overweight; Hike target price to Rs 195 from Rs 165

* Strong momentum across businesses; Investment in growth continues

* Expect SAMIL to witness robust revenue growth - FY24-27 CAGR of 13%

* Maintaining a healthy balance between leverage, ROCE and growth capex

* Maintain Buy; Hike target price to Rs 205 from Rs 203

* Higher margin expansion awaited

* Focus on driving new customer growth; Improving metrics in Fashion

* Believe Nykaa’s performance is trending in the right direction though margin improvement

* Expect revenue and EBITDA growth trends to accelerate from the current quarter

* Maintain Buy with a target price of Rs 750

* Q1 EBITDA was in line, with Copper offsetting Aluminium in India

* Management indicates that the Novelis IPO was pulled due to valuation concerns, but this won’t impact growth capex

* Growth projects in India are contingent on securing round-the-clock bauxite so availability, as highlighted by management

* The company has no major contingent liabilities related to the Supreme Court judgment on mining, which is a positive

* Maintain Overweight with target price of Rs 1530

* Q1 Revenues in line; EBITDA ahead

* Sharp decline in ARPOBs due to high base vs. guidance of flat ARPOBs for the year.

* Strong uptick in occupancy at mature and new hospitals despite capacity paddition

* Good margins despite weak seasonality and addition of three units the previous quarter

* Maintain Overweight with target price of Rs 6800

* Q1 - In-line results; strong uptick in occupancy

* Negatives - Weak ARPOB growth, Apollo 24/7’s GMV grew moderate, margins declined

* Positives - Healthy revenue growth across segments, strong improvement in occupancy

* Maintain Buy with target price of Rs 5650

* Good Growth but EBITDA Miss

* EBITDA below due to lower- than-expected ASP and margin

* Hero has a slew of product on sooy launches in the pipeline in both EV and ICE categories

* Maintain Buy with target price of Rs 1220

* VNB Miss on Weaker Mix of Premiums

* Weaker mix of premiums, led by doubling of Ulips, and share rose to 39%

* Expect mix of premium to normalise as sales through banca and ecom are managed better

* Maintain Outperform with target price of Rs 2000

* A growth surge; Sharp rise in credit costs

* Marginal NIM decline and improved operating leverage

* Secured nature of the loan woody products and average LTV of 63% give us enough comfort to leave Pour full year credit cost estimates unchanged

* Maintain Overweight with TP of Rs 5240

* Q1: weaker pricing drives a miss on earnings

* ASP and margin trends underperformed mass market 2W peers such as Bajaj and TVS

* Expect some downward revisions to consensus forecasts based on this result 

* Believe the stock could open weaker than market tomorrow

* Maintain Buy with target price of Rs 1270

* Q1FY25 - seasonality and product mix impacts VNB margin

* VNB growth of 3% helped by eauty strong growth in the ULIP and retail Protection segment

* Maintain Overweight; Hike target price to Rs 195 from Rs 165

* Strong momentum across businesses; Investment in growth continues

* Expect SAMIL to witness robust revenue growth - FY24-27 CAGR of 13%

* Maintaining a healthy balance between leverage, ROCE and growth capex

* Maintain Buy with target price of Rs 7670

* Q1: A Healthy and In-Line Quarter

* Hospitals growth was largely driven by IP volumes though ARPOB growth was a bit muted

* AHLL witnessed margin improvement 4 in diagnostics/primary care

* In Healthco, offline pharmacy distribution margins were slightly subdued

* Maintain Buy with target price of Rs 7500

* Q1FY25 - Well rounded performance with revenue/ EBITDA growing 15%/33%

* Healthcare revenue grew due to improved occupancy and outpatient volume

Initiate Buy with target price of Rs 2350

Getting the ‘Lead Out’ in style!; Pioneering India’s recycling revolution

Lead recycling business to continue leading from the front

New and upcoming segments to boost the growth trajectory

Multiple moats provide long-term visibility

Strong earnings and declining working capital to improve cash flows

Set to thrive in a growing recycling industry

Indian shares are set to open higher on Wednesday, tracking other Asian peers, after softer U.S. producer prices data reinforced bets of an interest rate cut by the Federal Reserve in September. Read more

Hindalco Industries has said Aditya Birla Group Chairman Kumar Mangalam Birla’s children Ananya Birla and Aryaman Vikram Birla have been inducted on its board. The board of Hindalco Industries Ltd, at its meeting held on Tuesday, inducted Ananya Birla, and Aryaman Vikram Birla as Directors, the company said in a statement. Read more

GIFT Nifty +75 pts (24235) from last trade 24159 , 

Nikkei +235 pts , 

Hangseng +60 pts , 

Now @6.54am . 

Dow +408.63 pts ,Nsdq +407.00 pts, S&P 

+90.04 pts , Bovespa +1280 pts , Ftse +24 pts , Dax +85 pts , Cac +25 pts ,Crude @ $78.79 brl (+0.44), Brent @ $80.69 brl (+0.00) , Gold @ 2504.70 (-3.10), Silver $27.925 (+0.13), Euro @ $1.0997, JPY @ $146.83, INR @ 83.915

Today’s Corporate Action

14th Aug Ex Date

ANZEN\u0009

Income Distribution (InvIT) 

BEL\u0009

Final Dividend - Rs. - 0.8000

BIRET \u0009

Income Distribution RITES 

DHUNINV\u0009

Final Dividend - Rs. - 2.5000

EPL\u0009

Final Dividend - Rs. - 2.3000

GPPL\u0009

Final Dividend - Rs. - 3.7000

HGINFRA\u0009

Final Dividend - Rs. - 1.5000

JINDRILL\u0009

Final Dividend - Rs. - 0.5000

KCP\u0009

Dividend - Rs. - 1.0000

KSL\u0009

Dividend - Rs. - 10.0000

MAHSEAMLES\u0009

Dividend - Rs. - 10.0000

MGL\u0009

Final Dividend - Rs. - 18.0000

MOTHERSON\u0009

Final Dividend - Rs. - 0.8000

MSUMI\u0009

Final Dividend - Rs. - 0.8000

POWERINDIA\u0009

Final Dividend - Rs. - 4.0000

RAILTEL\u0009

Final Dividend - Rs. - 1.8500

SAURASHCEM\u0009

Final Dividend - Rs. - 1.0000

SPRAYKING\u0009

Bonus issue 1:1\u0009 

TTKPRESTIG\u0009

Buy Back of Shares \u0009 

TTKPRESTIG\u0009

Final Dividend - Rs. - 6.0000

Today’s Key Results/Board Meetings

14-Aug-24

\u0009 \u0009 \u0009 

Ola Electric Mobility, Glenmark Pharmaceuticals, Astron Paper & Board Mill, Bajaj Healthcare, GMR Power and Urban Infra, Hindustan Aeronautics, Jaiprakash Associates, KNR Constructions, Lux Industries, Mazagon Dock Shipbuilders, National Fertilizers, Apeejay Surrendra Park Hotels, Sanstar, Shriram Properties, SpiceJet, Stanley Lifestyles, Sunteck Realty, and Vascon Engineers will announce their quarterly earnings scorecard on August 14.

Stock under F&O ban on NSE

14-Aug-24

1 AARTIIND

2 ABCAPITAL

3 ABFRL

4 BANDHANBNK

5 BIOCON

6 BSOFT

7 CHAMBLFERT

8 GRANULES

9 INDIACEM

10 INDIAMART

11 LICHSGFIN

12 MANAPPURAM

13 PNB

14 RBLBANK

15 SAIL

16 SUNTV

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Conference call Replay available in Various speeds !

Researchbytes Events Update

As of 07:38 AM Wednesday 14 August 2024

Can set alert for them at www.researchbytes.com 

8:30 AM Emcure Pharmaceuticals

Dial: +91 22 6280 1260 

Weblink: https://tinyurl.com/hc75xdpy

9:00 AM Max Financial

Dial: +91 22 6280 1141

Weblink: https://tinyurl.com/bd4fycr9

9:00 AM Nazara Techno

Dial: +91 22 6280 1144

Weblink: https://tinyurl.com/2ptprjma

9:00 AM Cello World

Dial: +91 22 6280 1144

Weblink: https://tinyurl.com/wddh2xar

9:30 AM Awfis Space Sol

Dial: +91 22 6280 1144

Weblink: https://tinyurl.com/3yf23znc

9:30 AM Landmark Cars

Dial: +91 22 6280 1455

Weblink: https://tinyurl.com/uszvkfnw

10:00 AM Rainbow Childrens Medica

Dial: +91 22 6280 1259

Weblink: https://tinyurl.com/4mjkzfsb

10:00 AM Kewal Kiran

Dial: +91 22 6280 1545

Weblink: https://tinyurl.com/m6567cs8

10:00 AM MTAR Technologi

Dial: +91 22 6280 1550

Weblink: https://tinyurl.com/bdevwx3f

10:30 AM Senco Gold Limited

Dial: +91 22 6280 1325

Weblink: https://tinyurl.com/2phrr7ue

11:00 AM Morepen Lab

(Results, Investor/Analyst Presentation, Press Release )

Dial: +91 22 6280 1149

Weblink: https://tinyurl.com/mryactwc

11:00 AM Pokarna

Dial: +91 22 6280 1141

Weblink: https://tinyurl.com/2e9zkfdr

11:00 AM Allcargo

Dial: +91 22 6280 1143

Weblink: https://tinyurl.com/3weddx3w

11:00 AM Trucap Finance

Dial: +91 22 6280 1341

Weblink: https://tinyurl.com/ye286a8c

( Hosted by Adfactors )

11:30 AM S H Kelkar

Dial: + 91 22 6280 1141 

Weblink: https://tinyurl.com/yck3n85z

11:30 AM IRCTC

Dial: +91 22 6280 1116

Weblink: https://tinyurl.com/bdew9y9w

11:30 AM Vibhor Steel Tubes

Dial: +91 22 6280 1341

Weblink: https://tinyurl.com/4f67z46t

( Hosted by Fortuna PR )

12:00 PM MSTC

Dial: +91 22 6280 1224

Weblink: https://tinyurl.com/fca57rk7

12:00 PM GPT Healthcare

Dial: +91226280 1366

Weblink: https://tinyurl.com/2ha5k4a4

12:00 PM Endurance Techn

Dial: +91 22 6280 1145

Weblink: https://tinyurl.com/27ssjrtr

12:00 PM Total Transport Systems

Dial: +91 22 6280 1341

Weblink: https://tinyurl.com/9c5twnbt

( Hosted by RIK consultancy )

1:00 PM Cantabil Retail

Dial: +91 22 6280 1545

Weblink: https://tinyurl.com/r8e2c5mh

2:00 PM Usha Martin

(Results, Investor/Analyst Presentation, Press Release )

Dial: + 91 22 6280 1141 

Weblink: https://tinyurl.com/bdfbpvs9

2:00 PM Apollo Hospital

(Annual Report)

Dial: +91 22 6280 1141

Weblink: https://tinyurl.com/27u82tet

2:00 PM Vishnu Prakash R Punglia

Dial: +91 22 6280 1341

Weblink: https://tinyurl.com/2e7f9phr

( Hosted by Valorem )

2:30 PM Renaissance

(Results, Investor/Analyst Presentation, Press Release )

Dial: +91 22 6280 1141

Weblink: https://tinyurl.com/3vs5br2n

3:00 PM Ice Make Refrig

Dial: +91 22 6280 1341

Weblink: https://tinyurl.com/ynhru9tv

( Hosted by Aaryana Matasco )

3:30 PM Dishman Carboge

Dial: +91 22 6280 1200

Weblink: https://tinyurl.com/587j3d8w

3:30 PM GNFC

Dial: +91 22 6280 1328 

Weblink: https://tinyurl.com/5bwdu295

3:30 PM Garden Reach Sh

Dial: +91 22 6280 1341

Weblink: https://tinyurl.com/4scks82z

( Hosted by Concept IR )

3:30 PM Ipca Labs

Dial: +9122 6280 1384 

Weblink: https://tinyurl.com/5n7hyzpy

4:00 PM Uflex

Dial: +91 22 6280 1116 

Weblink: https://tinyurl.com/3jbffwp4

4:00 PM Finolex Cables

Dial: +91 22 6280 1129

Weblink: https://tinyurl.com/mthbfwh6

4:00 PM Medi Assist

Dial: +91 22 6280 1131 

Weblink: https://tinyurl.com/2sj9d6me

4:00 PM Hero Motocorp

Dial: +91 22 6280 1149

Weblink: https://tinyurl.com/2s436tr5

4:00 PM JNK India Ltd

Dial: +91 22 6280 1259 

Weblink: https://tinyurl.com/mr36ypwt

4:00 PM DCW

Dial: +91 22 6280 1341

Weblink: https://tinyurl.com/2avy797e

( Hosted by Valorem )

4:00 PM New India Assur

Dial: +91 22 6280 1341

Weblink: https://tinyurl.com/mra93wwd

( Hosted by Concept IR )

4:00 PM FIEM Ind

Dial: +91 22 6280 1455

Weblink: https://tinyurl.com/bpapf8rf

4:30 PM Hindustan Foods

Dial: +91 22 6280 1309 

4:30 PM Allied Blenders

Dial: +91 22 6280 1342

Weblink: https://tinyurl.com/837tcax9

5:00 PM eClerx Services

Weblink: https://tinyurl.com/2p9vyexc

5:00 PM Everest Kanto

(Annual Report)

Dial: + 91 22 6280 1141

Weblink: https://tinyurl.com/4ttfpweb

Patel Eng : (replay)

https://www.researchbytes.com/webcast.aspx?WID=308426

Indiabulls Hsg : (replay)

https://www.researchbytes.com/webcast.aspx?WID=308427

Astra Micro : (replay)

https://www.researchbytes.com/webcast.aspx?WID=308423

Juniper Hotels : (replay)

https://www.researchbytes.com/webcast.aspx?WID=308422

Muthoot Finance : (replay)

https://www.researchbytes.com/webcast.aspx?WID=308425

Gensol Engineer : (replay)

https://www.researchbytes.com/webcast.aspx?WID=308424

Olectra Greente : (replay)

https://www.researchbytes.com/webcast.aspx?WID=308402

Piramal Enter : (replay)

https://www.researchbytes.com/webcast.aspx?WID=308392

Sword & Shield : (replay)

https://www.researchbytes.com/webcast.aspx?WID=308404

Time Techno : (replay)

https://www.researchbytes.com/webcast.aspx?WID=308417

Results today …

https://www.researchbytes.com/Default.aspx?cc=result

Recent interviews …

https://www.researchbytes.com/Default.aspx?cc=interview

Replays available at www.researchbytes.com

Pokarna: Net profit at Rs 33.10 cr vs Rs 17.90 cr, Revenue at Rs. 190 cr vs Rs 160 cr (YoY) (Positive) 

Fiem Industries: Net profit at Rs 49 cr vs Rs 35 cr, Revenue at Rs. 573 cr vs Rs 470 cr (YoY) (Positive) 

Astra Microwave: Net profit at Rs 7.2 cr vs loss of Rs 6.73 cr, Revenue at Rs. 155 cr vs Rs 134 cr (YoY) (Positive) 

EPL: Net profit at Rs 64.2 cr vs Rs 54.3 cr, Revenue at Rs. 1007 cr vs Rs 910 cr (YoY) (Positive) 

Nykaa: Net profit at Rs 13.6 cr vs Rs 5.4 cr, Revenue at Rs. 1746 cr vs Rs 1421 cr (YoY) (Positive) 

Muthoot Finance: Net profit at Rs 1164 cr vs Rs 1022 cr, NII at Rs. 2754 cr vs Rs 2142 cr (YoY) (Positive) 

Awfis Space Solutions: Net profit at Rs 2.79 cr vs loss of Rs 8.31 cr, Revenue at Rs. 257 cr vs Rs 187 cr (YoY) (Positive) 

Hindustan Foods: Net profit at Rs 27.3 cr vs Rs 23.4 cr, Revenue at Rs. 868 cr vs Rs 619 cr (YoY) (Positive) 

NBCC India: Net profit at Rs 105 cr vs Rs 75 cr, Revenue at Rs. 2119 cr vs Rs 1922 cr (YoY) (Positive) 

Federal Mogul Goetze: Net profit at Rs 35.49 cr vs Rs 29.90 cr, Revenue at Rs. 445 cr vs Rs 410 cr (YoY) (Positive) 

SJVN: Net profit at Rs 327 cr vs Rs 270 cr, Revenue at Rs. 958 cr vs Rs 744 cr (YoY) (Positive) 

Everest Kanto: Net profit at Rs 28.05 cr vs Rs 21.80 cr, Revenue at Rs. 343 cr vs Rs 270 cr (YoY) (Positive) 

Gulshan Polyols: Net profit at Rs 9.69 cr vs Rs 4.37 cr, Revenue at Rs. 455 cr vs Rs 293 cr (YoY) (Positive) 

Ashoka: Net profit at Rs 157.9 cr vs Rs 61.6 cr, Revenue at Rs 2465 cr vs Rs 1935 cr (YoY) (Positive) 

Macpower: Net profit at Rs 4.5 cr vs Rs 2.0 cr, Revenue at Rs. 50.2 cr vs Rs 40.6 cr (YoY) (Positive) 

IFB Agro: Net profit at Rs 8.4 cr vs Rs 1.9 cr, Revenue at Rs. 380 cr vs Rs 335 cr (YoY) (Positive) 

Allied Blenders: Net profit at Rs 11.19 cr vs loss of Rs 2.68 cr, Revenue at Rs. 758 cr vs Rs 814 cr (YoY) (Positive) 

Apollo Hospitals: Net profit at Rs 305 cr vs poll Rs 274 cr, Revenue at Rs. 5085 cr vs poll Rs 5077 cr (YoY) (Positive) 

GNFC: Net profit at Rs 118 cr vs Rs 88 cr, Revenue at Rs. 2021 cr vs Rs 1652 cr (YoY) (Positive) 

Marksans: Net profit at Rs 89 cr vs Rs 70 cr, Revenue at Rs. 591 cr vs Rs 500 cr (YoY) (Positive) 

Yatharth: Net profit at Rs 30.3 cr vs Rs 19 cr, Revenue at Rs. 212 cr vs Rs 155 cr (YoY) (Positive) 

Max Fin: Net profit at Rs 156 cr vs Rs 101 cr, Revenue at Rs. 11799 cr vs Rs 9168 cr (YoY) (Positive) 

Medi Assist: Net profit at Rs 19 cr vs Rs 18 cr, Revenue at Rs. 168 cr vs Rs 141 cr (YoY) (Positive) 

Nykaa: Company to buy 39 % more stake in Dot & Key Wellness for Rs 265 cr (Positive) 

Coal India: Company to allow supplies beyond annual contracted quantity to thermal power plants (Positive) 

SJVN: Company approved monetisation of partial future revenue of Nathpa Jhakri Hydro Power Station, company approved dilution of stake in SJVN green energy (Positive) 

Bondada Engineering: Company has recommended the sub-division/split of equity shares of the company in the ratio of 1:5. (Positive) 

L&T: Semiconductor Technologies CEO: Co will sign 3 Indian Auto companies as client in next two weeks.. (Positive) 

Zaggle: Signs an agreement with ONDC for facilitating issuance of PPIs for rewards. (Positive) 

Jubilant Ingrevia: To meet Rare Enterprises on August 21 (Positive) 

Bombay Dyeing: Company received the consideration of Rs 537.78 Crores in total thereby completing the transaction of sale of land at Worli. (Positive) 

Technocraft: Company approved the proposal for buy-back of not exceeding 288889 shares at price of Rs 4500 (Positive) 

Shalby: Company announces Strategic Clinical Trial Agreement with Monogram Technologies (Positive) 

Karnataka Bank: Company unveils credit line on UPI in partnership with Navi (Positive) 

Sunteck Realty: Company’s subsidiary has settled disputes with its joint venture partner Grand Valley General Trading LLC. (Positive) 

Rainbow: Net profit at Rs 39.7 cr vs Rs 41.5 cr, Revenue at Rs. 330 cr vs Rs 287 cr (YoY) (Neutral) 

Sammaan Capital: Net profit at Rs 327 cr vs Rs 294 cr, NII at Rs. 380 cr vs Rs 464 cr (YoY) (Neutral) 

PTC India: Net profit at Rs 135 cr vs Rs 112 cr, Revenue at Rs. 468 cr vs Rs 476 cr (YoY) (Neutral) 

Ahluwalia: Net profit at Rs 30.6 cr vs Rs 49.7 cr, Revenue at Rs. 920 cr vs Rs 764 cr (YoY) (Neutral) 

Hero Motocorp: Net profit at Rs 1122 cr vs poll Rs 1201 cr, Revenue at Rs. 10143 cr vs poll Rs 10565 cr (YoY) (Neutral) 

Nazara: Net profit at Rs 22.6 cr vs Rs 19.5 cr, Revenue at Rs. 250 cr vs Rs 254 cr (YoY) (Neutral) 

Landmark Cars: Net profit at Rs 3.4 cr vs Rs 7.2 cr, Revenue at Rs. 832 cr vs Rs 694 cr (YoY) (Neutral) 

Eclerx: Net profit at Rs 109 cr vs Rs 124 cr, Revenue at Rs. 782 cr vs Rs 684 cr (YoY) (Neutral) 

NMDC Steel: Net loss at Rs 547 cr vs Rs 861 cr, Revenue at Rs 2023 cr vs Rs 1846 cr (YoY). (Neutral) 

Zodiac: Company approved allocation of 4.35lk Equity Shares at an issue price of Rs. 688.50 for QIP (Neutral) 

Sansera Board Meeting on 20th August to consider Fund Raising. (Neutral) 

LTI Mindtree: Company gets GST order to pay Rs 62.4 cr. (Neutral) 

Reliance Industries: Company, Disney offer to sell some TV channels to win antitrust nod for India $8.5 Billion media merger. (Neutral) 

Five Star Business: Company to consider raising of funds via securities (Neutral) 

Mahindra & Mahindra: Company’s total production down 1.2% at 69,138 units in July. (Neutral) 

IRCTC: Ticketing for IR and Regional Rapid Transit Systems (RRTS) Trains on IRCTC Platform Under `One India - One Ticket’ Initiative. (Neutral) 

Gulshan poly: Company approved raising of fund up to Rs 250 cr by way of QIP. (Neutral) 

Mukka Proteins: Approved acquisition of Ento proteins with Rs 7 cr (Neutral) 

HEG: Company has recommended the sub-division/split of equity shares of the company in the ratio of 1:5 (Neutral) 

HEG: Net profit at ₹23 Cr Vs ₹139.1 Cr, Revenue at ₹571.5 Cr Vs ₹671.4 Cr (YoY) (Negative) 

Piramal Enterprises: Net profit at Rs 181 cr vs Rs 509 cr, NII at Rs. 732 cr vs Rs 662 cr (YoY) (Negative) 

MTAR Tech: Net profit at Rs 4.4 cr vs Rs 20.3 cr, Revenue at Rs. 128.3 cr vs Rs 152.6 cr (YoY) (Negative) 

HIL: Net profit at Rs 12.60 cr vs Rs 57.90 cr, Revenue at Rs. 1100 cr vs Rs 1015 cr (YoY) (Negative) 

SH Kelkar: Net loss at Rs 86.82 cr vs profit of Rs 27.83 cr, Revenue at Rs. 470 cr vs Rs 442 cr (YoY) (Negative) 

Anupam Rasayan: Net profit at Rs 3.9 cr vs Rs 30.9 cr, Revenue at Rs. 260 cr vs Rs 413 cr (YoY) (Negative) 

Kewal Kiran: Net profit at Rs 25 cr vs Rs 33.3 cr, Revenue at Rs. 151 cr vs Rs 178 cr (YoY) (Negative) 

Allcargo: Net profit at Rs 5.3 cr vs Rs 122.5 cr, Revenue at Rs. 3813 cr vs Rs 3217 cr (YoY) (Negative)

* AARTIIND

* ABCAPITAL

* ABFRL

* BANDHANBNK

* BIOCON

* BSOFT

* CHAMBLFERT

* GRANULES

* INDIACEM

* INDIAMART

* LICHSGFIN

* MANAPPURAM

* PNB

* RBLBANK

* SAIL

* SUNTV

CONS NET LOSS AT 8.44CR V 3.32 CR LOSS (YOY), V 5.52 CR PROFIT (QOQ)

REVENUE UP 2% AT 53.75CR (YOY) ,DOWN 6% (QOQ)

EBITDA LOSS AT 4.75CR V 0.52 CR LOSS (YOY), V 9.25 CR PROFIT (QOQ)

CONS NET PROFIT UP 38% AT 48.9CR (YOY), UP 6% (QOQ)

REVENUE UP 22% AT 573.6CR (YOY) ,UP 3% (QOQ)

EBITDA UP 31% AT 74.5CR (YOY), DOWN 1%(QOQ) 

MARGINS 12.98% V 12.09% (YOY), 13.48% (QOQ)CANTBAIL RETAIL Q1 :ST NET PROFIT DOWN 7 % AT 11.4CR (YOY), DOWN 38% (QOQ)

REVENUE UP 14% AT 128 CR (YOY) ,DOWN 34% (QOQ)

EBITDA UP 14% AT 39.4CR (YOY),DOWN 10%(QOQ) 

MARGINS 30.8% V 30.8% (YOY), 22.58% (QOQ

:CONS NET PROFIT DOWN 83% AT 4.64 CR (YOY), DOWN 63% (QOQ)

REVENUE DOWN 80% AT 24.77CR (YOY) ,DOWN 34% (QOQ)

EBITDA DOWN 81% AT 8.09CR (YOY),DOWN 52%(QOQ) 

MARGINS 32.66% V 33.2% (YOY), 45.3% (QOQ)

NET PROFIT AT 1.09CR V 2.69CR LOSS (YOY), UP 27% (QOQ)

REVENUE UP 3% AT CR (YOY) , DOWN 18 % (QOQ)

EBITDA AT 3.38CR V ,0.47CR LOSS (YOY), DOWN 20%(QOQ) 

MARGINS 12.83% V -1.83% (YOY), 13.2% (QOQ)

CONS NET PROFIT AT 0.27CR V 0.48 CR LOSS (YOY), V 0.59 CR PROFIT (QOQ)

REVENUE UP 4% AT 21 CR (YOY) ,DOWN 9% (QOQ)

EBITDA PROFIT AT 0.59CR V 0.12 CR LOSS (YOY),V 1.25 CR PROFIT (QOQ) 

MARGINS 2.7% V -0.57% (YOY), 5.27% (QOQ)

;CONS NET LOSS AT 0.72 CR V 6.35 CR PROFIT (YOY), 1.15 CR PROFIT(QOQ)

REVENUE DOWN 21 % AT 33.28 CR (YOY) ,DOWN 20 % (QOQ)

EBITDA DOWN 81 % AT 1.2 CR (YOY),DOWN 58 %(QOQ) 

MARGINS AT 3.6 % V 15 % (YOY), 6.95 % (QOQ)

:CONS NET PROFIT UP 2% AT 0.54 CR (YOY), V 1.07 CR LOSS (QOQ)

REVENUE UP 129% AT 12 CR (YOY) ,DOWN 35 % (QOQ)

EBITDA 0% AT 0.11CR (YOY),DOWN 80%(QOQ) 

MARGINS 0.9% V 2% (YOY), 3% (QOQ)

:CONS NET LOSS AT 6 CR V 0.03 CR PROFIT (YOY), V 0.05 CR PROFIT (QOQ)

REVENUE DOWN 24% AT 32.44CR (YOY) ,DOWN 38% (QOQ)

EBITDA LOSS AT 3.67CR V 2.5 CR PROFIT (YOY),V 2.95 CR PROFIT (QOQ) 

MARGINS -11.3% V 5.86% (YOY), 5.6% (QOQ)

:CONS NET PROFIT DOWN 3% AT 13.3CR (YOY), UP 43% (QOQ)

REVENUE DOWN 42% AT 1063CR (YOY) ,UP 18% (QOQ)

EBITDA UP 15% AT 31.5CR (YOY),UP 25%(QOQ) 

MARGINS 2.96% V 1.5% (YOY), 2.8% (QOQ)

:CONS NET LOSS AT 5CR V 12.1 CR LOSS (YOY), V 2.75 CR LOSS (QOQ)

REVENUE DOWN 23% AT 26.4 CR (YOY) ,UP 9% (QOQ)

EBITDA PROFIT AT 4.9CR V 2 CR LOSS (YOY),V 1.46 CR PROFIT (QOQ)

:CONS NET PROFIT UP 14 % AT 113.6 CR (YOY), UP 8% (QOQ)

REVENUE DOWN 9 % AT 653 CR (YOY) ,UP 4 % (QOQ)

EBITDA UP 12 % AT 184 CR (YOY),UP 3%(QOQ) 

MARGINS AT 28.2 % V 22.75 % (YOY), 28.3 % (QOQ)

:CONS NET PROFIT DOWN 35% AT 1.4CR (YOY), 0% (QOQ)

REVENUE DOWN 27% AT 14 CR (YOY) ,DOWN 17% (QOQ)

EBITDA UP 13% AT 3.22CR (YOY),UP 7%(QOQ) 

MARGINS 23% V 19.1% (YOY), 17.8% (QOQ)

:CONS NET PROFIT UP 40% AT 0.91 CR (YOY), DOWN 9% (QOQ)

REVENUE UP 11% AT 55 CR (YOY) ,UP 10% (QOQ)

EBITDA UP 72% AT 2.03CR (YOY),UP10%(QOQ) 

MARGINS 3.66% V 2.36% (YOY), 3.7% (QOQ)

:CONS NET PROFIT DOWN 68% AT 2.34CR (YOY), UP 107% (QOQ)

REVENUE UP 2% AT 79.8CR (YOY) ,UP 56% (QOQ)

EBITDA DOWN 45% AT 7.22CR (YOY),UP126%(QOQ) 

MARGINS 9% V 16.8% (YOY), 6.2% (QOQ)

TICKETING UP 13 % TO 329 CR 

CATERING UP 17 % TO 558 CR

TOURSIM DOWN 12 % TO 124 CR

RAIL NEER UP 16 % TO 111 CR

PROFIT BEFORE INT & DEP

TICKETING BIZ UP 14 % TO 272 CR 

CATERING BIZ UP 11 % TO 78 CR

TOURISM UP 12 % TO 13.5 CR

RAIL NEER PROFIT AT 9.3 CR V 38.15 CR LOSS

Benchmark indices log worst fall in over a week.

Market Indices

NIFTY 50 : 24,139

⬇️-208/-.85%

SENSEX : 78,956.03

⬇️-692.89/-0.87%

BANKNIFTY :49831.85

⬇️-746.10/-1.48%

INDIAVIX: 16.16

⬆️+0.29/+1.83%

Rising stocks: 590

_Falling stocks: 1785

Top 3 stock gainers(NIFTY 500): 

▪️Triveni Turbine(⬆️+12.33%)

▪️Keynes Tech(⬆️9.37%)

▪️Olectra Greentech(⬆️+7.15%)

Top 3 stock losers(NIFTY 500): 

▪️Arti Ind(⬇️-15.44%)

▪️Doms Ind (⬇️-7.59%)

▪️Chambal Fert(⬇️-7.08%)

CONS NET PROFIT UP 861% AT 7.88CR (YOY), DOWN 24% (QOQ)

REVENUE UP 327% AT 110.6CR (YOY) , DOWN 24% (QOQ)

EBITDA UP 389% AT 15.36CR (YOY), DOWN 20%(QOQ) 

MARGINS 13.95% V 12.17% (YOY), 12.63% (QOQ)

Sales ⇡ 11% 620 vs 593 QoQ

EBIDT ⇣ 11% 116 vs 84.1 QoQ

Net profit ⇣ 5% 83.9 vs 57.4 QoQ

EPS ⇣ 5% ₹ 35.04 ₹ vs 23.90 QoQ

CONS NET LOSS AT 141 CR V 30 CR LOSS (YOY), 120 CR LOSS (QOQ)

REVENUE UP 19 % AT 2402 CR (YOY) ,DOWN 2 % (QOQ)

EBITDA UP 20 % AT 896 CR (YOY),UP 10 %(QOQ) 

MARGINS AT 37.3 % V 37.1 % (YOY),33.4 % (QOQ)

CONS NET PROFIT AT 0.99CR V 16.08CR LOSS (YOY) , UP 10% (QOQ)

REVENUE UP 19% AT 86.7CR (YOY) , DOWN 17% (QOQ)

EBITDA AT 0.51CR V 16.99CR LOSS (YOY), 1.95CR LOSS (QOQ) 

MARGINS 0.58% V -23.39% (YOY), -1.86% (QOQ)

CONS NET PROFIT UP 28 % AT 61.9 CR (YOY), UP 22% (QOQ)

REVENUE DOWN 5 % AT 189.4 CR (YOY) ,UP 6 % (QOQ)

EBITDA OF 70.8 % V 32.2CR LOSS (YOY), UP 6% (QOQ) 

MARGINS AT 37.37 % V -16.2 % (YOY), 37.14 % (QOQ)

; CONS NET PROFIT UP 28% AT 2.96CR (YOY), DOWN 29% (QOQ)

REVENUE DOWN 20% AT 47.75CR (YOY) , DOWN 9% (QOQ)

EBITDA UP 14% AT 3.94CR (YOY), DOWN 19%(QOQ) 

MARGINS 8.25% V 5.77% (YOY), 9.21% (QOQ)

CONS NET PROFIT UP 29% AT 12.14CR (YOY), DOWN 50% (QOQ)

REVENUE UP 75% AT 492.6CR (YOY) ,UP 1% (QOQ)

EBITDA UP 68% AT 22.56CR (YOY), DOWN 22%(QOQ) 

MARGINS 4.58% V 4.76% (YOY), 5.92% (QOQ)

CONS NET LOSS AT 0.69CR V 0.64CR LOSS (YOY), V 0.15CR PROFIT (QOQ)

REVENUE DOWN 5% AT 21.5CR (YOY) ,UP 1% (QOQ)

EBITDA UP 172% AT 2.2CR (YOY), DOWN 18%(QOQ) 

MARGINS 10.23% V 3.59% (YOY), 12.57% (QOQ)

; NET PROFIT DOWN 19% AT 0.5CR (YOY), DOWN 58% (QOQ)

REVENUE DOWN 31% AT 11.11CR (YOY) , DOWN 26% (QOQ)

EBITDA DOWN 12% AT 0.78CR (YOY), DOWN 60%(QOQ) 

MARGINS 7.02% V 5.53% (YOY), 13.02% (QOQ)

Q1 Sl Net Profit 556m Rupees Vs 539m (yoy); 694m (qoq) || Q1 Revenue 4.1b Rupees Vs 3.46b (yoy)

Techno Electric & Engineering Co: Q1 Ebitda 565m Rupees Vs 475m (yoy) || Q1 Ebitda Margin 13.66% Vs 13.72% (yoy)

:CONS NET PROFIT UP 164 % AT 150 CR (YOY), DOWN 40 % (QOQ)

REVENUE UP 27 % AT 2465 CR (YOY) ,DOWN 19 % (QOQ)

EBITDA UP 26 % AT 598 CR (YOY),DOWN 6 %(QOQ) 

MARGINS AT 24.28 % V 24.5 % (YOY),20.8 % (QOQ)

:CONS NET PROFIT DOWN 39% AT 30.5 CR (YOY),DOWN 85 % (QOQ)

REVENUE UP 20 % AT 919 CR (YOY) ,DOWN 21 % (QOQ)

EBITDA DOWN 27 % AT 60.4 CR (YOY),DOWN 42 %(QOQ) 

MARGINS AT 6.57% V 10.8% (YOY), 8.95 % (QOQ)

CONS NET PROFIT UP 32 % AT 357 CR (YOY),UP 485 % (QOQ)

REVENUE UP 29 % AT 870CR (YOY) ,UP80 % (QOQ)

EBITDA UP 33 % AT 667 CR (YOY),UP 179 %(QOQ) 

MARGINS AT 76.7 % V 74.55 % (YOY), 49.7% (QOQ)

NET LOSS AT 5.62 CR V 2.2 CR PROFIT (YOY), 2.93 CR LOSS (QOQ)

REVENUE UP 23 % AT 139 CR (YOY) ,UP 28 % (QOQ)

EBITDA LOSS AT 0.73 CR V 7.9 CR PROFIT (YOY), 0.31 CR PROFIT(QOQ) 

MARGINS AT -0.52 % V 7 % (YOY), 0.28 % (QOQ)

CONS NET LOSS AT 2.58CR V 2.51CR (YOY) , V 2.89CR LOSS (QOQ)

REVENUE DOWN 3% AT 20.5CR (YOY) , DOWN 4% (QOQ)

EBITDA LOSS AT 0.91CR V 0.64CR LOSS (YOY), 0.66CR LOSS (QOQ) 

MARGINS -4.43% V -3.03% (YOY), -3.10% (QOQ)

CONS NET PROFIT UP 1035 % AT 6.47 CR (YOY), DOWN 18% (QOQ)

REVENUE UP 22 % AT 396 CR (YOY) ,DOWN 19 % (QOQ)

EBITDA UP 811 % AT 10.29 CR (YOY),DOWN 4 %(QOQ) 

MARGINS AT 2.6 % V 0.35 % (YOY), 2.18 % (QOQ)

CONS NET LOSS AT 0.42CR V 1.31CR PROFIT (YOY), V 3.73CR LOSS (QOQ)

REVENUE UP 89% AT 150.17CR (YOY) ,UP 27% (QOQ)

EBITDA DOWN 14% AT 4.55CR (YOY), V 0.2CR LOSS (QOQ) 

MARGINS 3.03% V 6.69% (YOY), -0.16% (QOQ)

CONS NET PROFIT DOWN 83 % AT 23 CR (YOY),DOWN 30 % (QOQ)

REVENUE DOWN 15 % AT 571 CR (YOY) ,UP 5 % (QOQ)

EBITDA DOWN 74 % AT 38.7 CR (YOY),DOWN 8 %(QOQ) 

MARGINS AT 6.77% V 22.5 % (YOY),7.7 % (QOQ)

; NET PROFIT UP 5600% AT 1.14CR (YOY), UP 714% (QOQ)

REVENUE UP 4% AT 7.61CR (YOY) , FLAT (QOQ)

EBITDA UP 53% AT 3.97CR (YOY), UP 36%(QOQ) 

MARGINS 52.16% V 35.43% (YOY), 38.24% (QOQ)

CONS NET PROFIT DOWN 21 % AT 105 CR (YOY),DOWN 45 % (QOQ)

REVENUE UP 1 % AT 1183 CR (YOY) ,DOWN 21 % (QOQ)

EBITDA DOWN 21 % AT 164 CR (YOY),DOWN 33 %(QOQ) 

MARGINS AT 13.85 % V 17.55 % (YOY), 16.4 % (QOQ)

; NET PROFIT DOWN 5% AT 13.09CR (YOY), UP 14% (QOQ)

REVENUE DOWN 13% AT 93.75CR (YOY) , DOWN 39% (QOQ)

EBITDA DOWN 2% AT 18.7CR (YOY), UP 16%(QOQ) 

MARGINS 19.94% V 17.73% (YOY), 10.51% (QOQ)

:CONS NET PROFIT DOWN 77 % AT 12.1 CR (YOY),DOWN 70 % (QOQ)

REVENUE DOWN 34% AT 254.1 CR (YOY) ,DOWN 37 % (QOQ)

EBITDA DOWN 48 % AT 53 CR (YOY),DOWN 43 %(QOQ) 

MARGINS AT 20.86 % V 26.2 % (YOY),23.1 % (QOQ)

NET PROFIT UP 88% AT 1.41CR (YOY), V 8.66CR LOSS (QOQ)

REVENUE UP 27% AT 1.92CR (YOY) ,UP 276% (QOQ)

EBITDA UP 84% AT 1.5CR (YOY), UP 7350%(QOQ) 

MARGINS 77.6% V 53.64% (YOY), 3.92% (QOQ)

CONS NET PROFIT UP 50% AT 0.3CR (YOY), DOWN 27% (QOQ)

REVENUE UP 12% AT 11.68CR (YOY) ,UP 4% (QOQ)

EBITDA UP 22% AT 0.84CR (YOY), DOWN 22%(QOQ) 

MARGINS 7.2% V 6.62% (YOY), 9.6% (QOQ)

; CONS NET PROFIT DOWN 89% AT 0.1CR (YOY), DOWN 9% (QOQ)

REVENUE DOWN 22% AT 86.44CR (YOY) ,UP 1% (QOQ)

EBITDA DOWN 28% AT 1.39CR (YOY), UP 34%(QOQ) 

MARGINS 1.6% V 1.74% (YOY), 1.22% (QOQ)

;NET PROFIT DOWN 34% AT 4.61CR (YOY), DOWN 66% (QOQ)

REVENUE UP 8% AT 83.73CR (YOY) , DOWN 78% (QOQ)

EBITDA DOWN 51% AT 3.53CR (YOY), DOWN 78%(QOQ) 

MARGINS 4.22% V 9.18% (YOY), 12.77% (QOQ)

NET LOSS AT 5.62 CR V 2.2 CR PROFIT (YOY), 2.93 CR LOSS (QOQ)

REVENUE UP 23 % AT 139 CR (YOY) ,UP 28 % (QOQ)

EBITDA LOSS AT 0.73 CR V 7.9 CR PROFIT (YOY), 0.31 CR PROFIT(QOQ) 

MARGINS AT -0.52 % V 7 % (YOY), 0.28 % (QOQ)

CONS NET PROFIT UP 238% AT 2.06CR (YOY), UP 1.39% (QOQ)

REVENUE UP 41% AT 80.8CR (YOY) , DOWN 2% (QOQ)

EBITDA UP 236% AT 2.59CR (YOY), UP 90%(QOQ) 

MARGINS 3.20% V 1.34% (YOY), 1.64% (QOQ)

13 August 2024 (Rs. In Crs.)

Turnover: (NSE + BSE)

Cash Volume: 118875.76 + 9153.86 Total: 128029.62

F&O Volume: 485099.23 + 241968.49 Total: 727067.72

Provisional Cash

FII/FPI: NET SELL: -2107.17 

(14502.44 - 16609.61) 

DII: NET BUY: +1239.96 

(13005.78 - 11765.82)

UBS AG (Pre market) (Sector- Financial)

Cardinal Health, Inc. (Pre market) (Sector- Healthcare)

Performance Food Group Company (Pre market) (Sector- Retails)

Cisco Systems, Inc. (Post market) (Sector- Technology)

Major U.S. listed stocks result calendar 15.08.2024

Walmart Inc. (Pre market) (Sector- Retail)

Deere & Company (Pre market) (Sector- Capital Goods)

JD. com, Inc. (Pre market) (Sector- Technology)

Grab Holdings Limited (Pre market) (Sector- Technology)

NICE Ltd (Pre market) (Sector- Technology)

Alibaba Group Holding Limited (Post market) (Sector- Technology)

Applied Materials, Inc. (Post market) (Sector- Technology

Amcor plc (Post market) (Sector- Packaging)

11:30 U.K. CPI y/y (Expected: 2.3% versus Previous: 2.0%)

12:00 INDIA WPI Inflation y/y (Expected: 2.5% versus Previous: 3.36%)

14:30 EURO Flash GDP q/q (Expected: 0.3% versus Previous: 0.3%)

18:00 U.S. CPI m/m (Expected: 0.2% versus Previous: -0.1%)

Economic Calendar – 15.08.2024

India, South Korea and Italy @ Market Holiday 

07:30 CHINA Industrial Production y/y (Expected: 5.2% versus Previous: 5.3%)

07:30 CHINA Retail Sales y/y (Expected: 2.6% versus Previous: 2.0%)

11:30 U.K. GDP m/m (Expected: 0.0% versus Previous: 0.4%)

18:00 U.S. Unemployment Claims (Expected: 236k versus Previous: 233K)

18:00 U.S. Retail Sales m/m (Expected: 0.4% versus Previous: 0.0%)

18:45 U.S. Industrial Production m/m (Expected: -0.3% versus Previous: 0.6%)

Piramal Enterprises reported a consolidated net profit of ₹181.5 crore in the June quarter, a sharp fall from the ₹509 crore reported year ago, while revenue also fell to ₹2,122.8 crore (₹2,878 crore). Read more

The outlook for IDFC Ltd is bearish. The stock has been in a strong downtrend since July this year. Last week the stock witnessed a corrective bounce. It made a high of ₹109.15 on Friday and then has turned down from there. The 1.9 per cent fall seen so far this week indicates that the broader downtrend has resumed. Read more

Maruti Suzuki India Limited (MSIL) on Tuesday said it has commenced the export of 1,600 units of its ‘Made-in-India’ SUV Fronx to Japan, its first SUV launch in that country. Read more

A day after American short-seller Hindenburg levelled sharp allegations against market regulator SEBI’s Chairperson, Madhabi Puri Buch, and the Adani group, global index manager MSCI has lifted its restrictions on the treatment of Adani Group stocks, particularly their free float status. Read more

Brace Port Logistics, a global provider of integrated ocean, air, and special cargo logistics, plans to raise ₹24 crore through an initial public offer on NSE Emerge. Read more

Shares of Unicommerce Esolutions made a stellar debut at the bourses on Tuesday by gaining over 100 per cent after a blockbuster IPO. Against the IPO price of ₹108, the stock listed with 113 per cent gains at ₹230 on the BSE. It further rose to a high of ₹256.15 and settled at ₹210.05, up 95 per cent over the IPO price. On the NSE, the stock made its debut at ₹235, rallying 117.59 per cent. It ended at ₹211.50, reflecting a jump of 95.83 per cent. Read more

Brainbees Solutions Limited (popularly known as FirstCry) made a strong listing at 40 per cent premium (at ₹651 per share) over its IPO price of ₹465. The shares rallied to hit a high of ₹707.7 per share, before settling down at ₹673.5 per share at market close today. This is a healthy 45 per cent gain. Read more

An application filed in the Supreme Court on Tuesday said the new Hindenburg Research allegations against Securities Exchange Board of India (SEBI) Chairperson Madhabi Buch creates an “atmosphere of doubt”, making it incumbent for the court to conclude its investigation against the Adani Group and declare its findings. Read more