Trending:

Stock market essentials for August 11: Govt removes fare caps on airlines

GAIL to consider and approve raising of funds on Aug 17; LIC shareholding in 'Mahindra & Mahindra Ltd' decreased from 6.2% to 4.2%; Zomato completed acquisition of 100% shareholding of Blink Commerce.

Soumeet Sarkar

Updated Aug 11, 2022, 08:05 IST

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Events Today

S. P. Apparels board to consider proposal for buyback of equity shares

Nifty:

Apollo Hospitals Enterprise

Others:

Aster DM Healthcare, Aurobindo Pharma, Bata India, Bharat Forge, Gujarat Ambuja Exports, KNR Constructions, Page Industries, The Phoenix Mills, Quess Corp, Sapphire Foods India, Shilpa Medicare, Sunteck Realty, Suprajit Engineering, Trent, Greaves Cotton, Himadri Speciality Chemical, Jet Airways (India) Ltd, KSB Ltd, Tamil Nadu Newsprint & Papers, Wonderla Holidays Ltd

AGMs

Borosil Renewables (11.00 am)

Page Industries (11.30 am)

Kirloskar Oil Engines (11.30 am)

Greaves Cotton (1.30 pm)

Expleo Solutions (3.30 pm)

Oil & Gas Updates

Brent Crude at $97/bbl Vs $96/bbl

Singapore GRM at $5.9/bbl Vs $3.8/bbl

Asia Spot Gas prices at $45/mmBtu Vs $45/mmBtu

Corporate Action

Nil

DII/FII data

FIIs net bought worth Rs. 1061.8 cr of shares on Aug 10 (prov)

DIIs net sold worth Rs 768.4 cr of shares on Aug 10

FII F&O Cash Data:

Index futures net sell Rs 877 cr

Index options net buy Rs 791 cr

Stock futures net sell Rs 461 cr

Stock options net buy Rs 100 cr

Total FII net sell Rs 447 cr in F&O

F&O Ban

Delta Corp

Balrampur Chinni

Deletion:- Escorts

Bulk/Block Deal

Kirloskar Ferrous Industries

NIPPON INDIA MUTUAL FUND bought 15lk shares @ 212.5

AMBAR GAUTAM KULKARNI sold 7.7lk shares @ 212

NIHAL GAUTAM KULKARNI sold 7.7lk shares @ 212

JYOTSNA GAUTAM KULKARNI sold 15.5lk shares @ 212

KIRLOSKAR PNEUMATIC

VALUEQUEST INVESTMENT ADVISORS bought 3.9lk shares @ 463

ALPNA ENTERPRISES bought 4lk shares @ 463

ADITYA BIRLA SUN LIFE MUTUAL FUND bought 5.9lk shares @ 463

TATA MUTUAL FUND bought 5lk shares @ 463

FRANKLIN TEMPLETON MUTUAL FUND bought 9.3lk shares @ 463

L&T MUTUAL FUND bought 10.8lk shares @ 463

ICICI Pru Life bought 8.6lk shares @ 463

ALPNA ENTERPRISES bought 4lk shares @ 463

Seller:

AMBAR GAUTAM KULKARNI sold 23.3lk shares @ 463

NIHAL GAUTAM KULKARNI sold 23.3lk shares @ 463

JYOTSNA GAUTAM KULKARNI sold 46.6lk shares @ 463

Zensar Technologies

AMANSA HOLDINGS sold 71.7lk shares @ 223

PLUTUS WEALTH MANAGEMENT bought 75lk shares @ 223

JK Paper

RENAISSANCE EMERGING MARKETS EQUITY PRIVATE bought 11lk shares @ 411

RESULT Q1FY23

TATA Consumer Products (Consolidated, YoY)

Revenue at Rs. 3326 cr vs Rs. 3008 cr, up 10.6%

Net Profit at Rs. 276.5 cr vs Rs. 240.7 cr, up 14.9%

EBITDA at Rs. 458 cr vs Rs. 399 cr, up 14.8%

EBITDA Margin 13.7% vs 13.3%

Coal India (Consolidated, qoq)

Revenue at Rs. 35092 cr vs Rs. 32707 cr, up 7.3%

Net Profit at Rs. 8833 cr vs Rs. 6692 cr, up 32%

EBITDA at Rs. 12250 cr vs Rs. 9079 cr, up 34.9%

EBITDA % at 34.91% vs 27.76%

Eicher Motors (Consolidated, YoY)

Revenue at Rs. 3397 cr vs Rs. 1974 cr, up 72.1%

Net Profit at Rs. 610 cr vs Rs. 237 cr, up 157.4%

EBITDA at Rs. 831.2 cr vs Rs. 362.4 cr, up 129.4%

EBITDA % at 24.47% vs 18.36%

IRCTC ( YoY)

Revenue at Rs. 852 cr vs Rs. 243 cr, up 250.6%

Net Profit at Rs. 245.5 cr vs Rs. 82.5 cr, up 197.6%

EBITDA at Rs. 321.1 cr vs Rs. 110.9 cr, up 189.5%

EBITDA % at 37.69% vs 45.64%

Radico Khaitan (Consolidated, YoY)

Revenue at Rs. 3184 cr vs Rs. 2879 cr, up 10.6%

Net Profit at Rs. 62 cr vs Rs. 61 cr, up 1.6%

EBITDA at Rs. 93.6 cr vs Rs. 91.9 cr, up 1.8%

EBITDA % at 2.94% vs 3.19%

Mazagaon Dock Shipbuilders (Consolidated, YoY)

Revenue at Rs. 2230 cr vs Rs. 121.2 cr, up 1739.9%

Net Profit at Rs. 217 cr vs Rs. 92.7 cr, up 134.1%

EBITDA at Rs. 45 cr vs Rs. 23 cr, up 95.7%

EBITDA Margin 7.8% vs 5.8%

Somany Ceramics (Consolidated, YoY)

Revenue at Rs. 555 cr vs Rs. 329 cr, up 68.7%

Net Profit at Rs. 19.3 cr vs Rs. 3.3 cr, up 484.8%

EBITDA at Rs. 45 cr vs Rs. 23 cr, up 95.7%

EBITDA Margin 8.1% vs 7%

Final dividend Rs3/sh

Ashoka Buildcon (YoY)

Revenue at Rs. 1878 cr vs Rs. 1283 cr, up 46.4%

Net Profit at Rs. 135 cr vs Rs. 79.5 cr, up 69.8%

EBITDA at Rs. 483.9 cr vs Rs. 397 cr, up 21.9%

EBITDA % at 25.77% vs 30.94%

OIL India (Consolidated, YoY)

Revenue at Rs. 11566 cr vs Rs. 6202 cr, up 86.5%

Net Profit at Rs. 3230 cr vs Rs. 1214 cr, up 166.1%

EBITDA at Rs. 4877 cr vs Rs. 2158 cr, up 126%

EBITDA Margin at 42.17% vs 34.8%

HEG (Consolidated, YoY)

Revenue at Rs. 721 cr vs Rs. 413 cr, up 74.6%

Net Profit at Rs. 159 cr vs Rs. 57 cr, up 178.9%

EBITDA at Rs. 183 cr vs Rs. 71.8 cr, up 154.9%

EBITDA % at 25.38% vs 17.38%

PB Fintech (YoY)

Insurance Premium 2430cr vs 1594cr yoy

Disbursals 2320cr vs 984cr yoy

93% market share online aggregator

Core business operating revenue 371cr up 59% yoy

Metropolis (Consolidated, YoY)

Revenue at Rs. 280 cr vs Rs. 327 cr, down -14.4%

Net Profit at Rs. 33.5 cr vs Rs. 75 cr, down -55.3%

EBITDA at Rs. 68.5 cr vs Rs. 103 cr, down -33.5%

EBITDA Margin 24.4% vs 31.5%

ISGEC Heavy Engineering (YoY)

Revenue at Rs. 993 cr vs Rs. 811 cr, up 22.4%

Net Profit at Rs. 31 cr vs Rs. 13.6 cr, up 127.9%

EBITDA at Rs. 57.2 cr vs Rs. 36.4 cr, up 57.1%

EBITDA % at 5.76% vs 4.49%

Kirloskar Oil Engine (Consolidated, YoY)

Revenue at Rs. 1191 cr vs Rs. 821 cr, up 45.1%

Net Profit at Rs. 82 cr vs Rs. 32 cr, up 156.3%

CESC (Consolidated, YoY)

Revenue at Rs. 4102 cr vs Rs. 3216 cr, up 27.5%

Net Profit at Rs. 297 cr vs Rs. 280 cr, up 6.1%

Hikal (Standalone, YoY)

Revenue at Rs. 379 cr vs Rs. 457 cr, down 17%

Loss at Rs 9cr vs Profit 51cr

Glenmark Pharmaceuticals (Consolidated, YoY)

Revenue at Rs. 2777 cr vs Rs. 2965 cr, down -6.3%

Net Profit at Rs. 211 cr vs Rs. 306 cr, down -31%

Reported EBITDA at Rs. 431cr vs Rs. 573cr, down 25%

EBITDA Margin 15.5% vs 19.3%

Mindspace REIT (YoY)

Revenue at Rs. 491 cr vs Rs. 421 cr, up 16.6%

PAT at Rs 128cr vs Rs 382cr, up 235%

Committed occupancy of the portfolio jumped by 130 bps QoQ to 85.6%

Re‐leasing spread stood at 36.4% on 0.5 msf of area re‐let

In‐place rents have grown by 9.3% YoY to Rs 62.4 psf/month

ITI (Consolidated, qoq)

Revenue at Rs. 166 cr vs Rs. 1141 cr, down -85.5%

Loss 100cr vs Profit Rs 356cr

Abbott India (Consolidated, YoY)

Revenue at Rs. 1304 cr vs Rs. 1218 cr, up 7.1%

Net Profit at Rs. 205 cr vs Rs. 196 cr, up 4.6%

J&K Bank (YoY)

Revenue at Rs. 1034 cr vs Rs. 969 cr, up 6.7%

Net Profit at Rs. 166 cr vs Rs. 104 cr, up 59.6%

Gross NPA at 9.09% vs 9.69% qoq

Net NPAs at 3.02% vs 2.94% QoQ

New India Assurance (Consolidated, YoY)

Revenue at Rs. 10462 cr vs Rs. 9804 cr, up 6.7%

Net Profit at Rs. 130 cr vs Rs. 100 cr, up 30%

Expense Ratio 15.03% vs 12.4%

Incurred Claim ratio 92.9% vs 94.05%

Combined ratio 113.9% vs 112.9%

Solvency stands at 200% (Above regulatory requirement of 150%)

Endurance Tech (Consolidated, YoY)

Revenue at Rs. 2114 cr vs Rs. 1694 cr, up 24.8%

Net Profit at Rs. 103.3 cr vs Rs. 96.5 cr, up 7%

Uflex (Consolidated, YoY)

Revenue at Rs. 4032 cr vs Rs. 2756 cr, up 46.3%

Net Profit at Rs. 375 cr vs Rs. 264 cr, up 42%

Antony Waste Handling Cell (Consolidated, YoY)

Revenue at Rs. 156 cr vs Rs. 130 cr, up 20%

Net Profit at Rs. 28.6 cr vs Rs. 22.3 cr, up 28.3%

Railtel Corp (Consolidated, YoY)

Revenue at Rs. 377 cr vs Rs. 307 cr, up 22.8%

Net Profit at Rs. 26 cr vs Rs. 21 cr, up 23.8%

EBITDA at Rs. 67 cr vs Rs. 60.2 cr, up 11.3%

EBITDA % at 17.77% vs 19.61%

VA TECH WABAG (Consolidated, YoY)

Revenue at Rs. 632 cr vs Rs. 658 cr, down -4%

Net Profit at Rs. 30 cr vs Rs. 15 cr, up 100%

GIC Re (Consolidated, YoY)

Gross Premium at Rs. 11100 cr vs Rs. 14426 cr, down -23.1%

Net Profit at Rs. 729 cr vs Loss Rs. 1039 cr

Incurred claim ratio 94.86% vs 107.43%

Expense of Management ratio 0.56% vs 0.55%

Solvency Ratio 2.14 vs 1.74

Combined Ratio 111% vs 126.7% yoy (vs 73% qoq)

Dollar Industries (Consolidated, YoY)

Revenue at Rs. 361 cr vs Rs. 205 cr, up 76.1%

Net Profit at Rs. 28 cr vs Rs. 23 cr, up 21.7%

Aarti Industries (YoY)

Revenue at Rs. 1935 cr vs Rs. 1314 cr, up 47.3%

Net Profit at Rs. 186 cr vs Rs. 162 cr, up 14.8%

ALL CARGO (Consolidated, YoY)

Revenue at Rs. 5675 cr vs Rs. 3449 cr, up 64.5% YoY

EBITDA at Rs. 434 cr vs Rs. 217 cr, up 99.8% YoY

Net Profit at Rs. 265 cr vs Rs. 117 cr, up 126% YoY

EBITDA Margin at 7.7% vs 6.3%, up 135 bps YoY

Patanjali

Revenue at `7210.9 cr vs `5266 cr, up 36.93%

EBITDA at `392.2 cr vs `331 cr, up 18.49%

EBITDA margin at 5.44% vs 6.29%

PAT at `241 cr vs `174 cr, up 38.51%

Corporate Announcements

Jindal Stainless (Hisar)

To become India’s first stainless steel company to install a Green Hydrogen Plant

Partnered with Hygenco India Private Ltd to install a Green Hydrogen Plant

This Green Hydrogen Plant will enable the Company to considerably reduce its CO2 emissions by nearly 2700 MT pa

Zomato

Completed acquisition of 100% shareholding of Blink Commerce India Pvt Ltd

Accordingly, BCPL became a WOS of the Company wef August 10, 2022

LIC

Shareholding in "MAHINDRA & MAHINDRA LTD" decreased from 6.2% to 4.2%

Paradeep Phosphates

Co says All trains at goa plant are now fully operational

Coastal Corp

To issue shares worth Rs 43.4cr on right basis

Right Issue Price- Rs 225/sh

Right entitlement ratio 1:6

GAIL

To consider and approve raising of funds on 17 Aug

Ruby Mills

To issue bonus shares in ratio 1:1

Glenmark Pharma

Expects FY23 revenue growth 6-8%

To sustain FY23 EBITDA margin at FY22 levels

FY23 CAPEX to be around Rs 800 cr

Other News

IGL and MGL In Focus

Govt increased APM gas allocation to CGD from 85% in Q1FY23 to 94%

Remaining requirement of 6% to be met independently

This means CGD POOL is effectively withdrawn

Increased allocation to CGD is expected to reduce the input cost

CGDs are expected to pass the same to consumers

Increased allocation will reduce gas cost to $8.1/mmBtu from $10.5/mmBtu currently, according to analyst

IndiGo and SpiceJet

Air Fare bands to be removed from August 31. Airlines free to charge any fares.

Insiders

Companies	Category	No. Of Shares	Activity
Apcotex	Promoter Group	2,700	Bought
D B Corp	Promoter	9,481	Bought
Kotak Mahindra Bank	Immediate Relative	25,000	Bought
Godrej Agrovet	Promoter	58,825	Bought
Alkyl Amines	KMP	631	Sold
Berger Paints	Designated Person	750	Sold
Gland Pharma Ltd	Designated Person	1,116	Sold
C.E. Info Systems Ltd	Designated Person	1,126	Sold
Dr. Lal PathLabs	Designated Person & Director	20,066	Sold
Maharashtra Seamless	Promoter Group	32,000	Sold
Jindal Stainless	Promoter Group	17,978,848	Pledged