Stock market essentials for August 1: All eyes on July auto sales data

NTPC appoints Jaikumar Srinivasan as CFO; Yes Bank to sell 10% stake to Carlyle, Advent for $1.1 billion; HDFC Ltd enters into a SPA with SBI for the acquisition of 19.5% stake of HDFC Venture Capital.
Representational image.

Representational image.

Events Today : Manufacturing PMI data for July, Auto Sales Nos Jul
Top court to hear Cryptocurrency regulations case.
Results
Nifty
UPL Ltd, ITC Ltd
Others
Kansai Nerolac Paints Ltd.,Ramco Cements Castrol India Ltd
Escorts Ltd, Max Financial Services, Max India Ltd, Carborundum Universal Ltd,Prudent Corp, Varun Beverages, Thyrocare Technologies, Arvind Limited
Barbeque-Nation,Kaya Limited, Bajaj Consumer Care, Triveni Turbine Limited, RateGain Travels, ZOMATO
AGMs
Bajaj Consumer, Kalyani steel, Fortis Healthcare
Oil & Gas Updates
Brent Crude at $103.14/bbl Vs $107.72/bbl
Singapore GRM at $3.8/bbl Vs $6.7/bbl
Asia Spot Gas prices at $42.2/mmBtu Vs $41.5/mmBtu
Corporate Action
Ex dividend Date for
1 Aug: IIFL Wealth, Bharti Airtel, Gujarat Ambuja, Gail, Hind Rectifiers, Unichem Labs, Ratnamani Metals, Sudarshan Chemicals, Kirloskar Industries
FII/DII Data:
FIIs net bought worth Rs 1046.32 cr of shares on July 29 (prov)
DIIs net sold worth Rs 0.91 cr of shares on July 2
FII F&O Cash Data:
Index futures net buy Rs 806 cr
Index options net buy Rs 2021cr
Stock futures net buy Rs 183 cr
Stock options net sell Rs 178 cr
F&O Ban
Bulk/Block Deal:
BSE:
CL Educate
MATHEW CYRIAC bought 4.7lk shares @ 123
HDFC Ltd sold 5.7lk shares @ 122
NSE:
Speciality Restaurants
ADITYA KUMAR HALWASIYA bought 2.5lk shares @ 177
RESULTS Q1FY23:
CIPLA (Consolidated, YoY)
Revenue at Rs. 5375 cr vs Rs. 5504 cr, down 2.3%
Net Profit at Rs. 686 cr vs Rs. 714 cr, down 4%
EBITDA at Rs. 1143 cr vs Rs. 1345 cr, down 15%
EBITDA Margin at 21.27% vs 24.44%
JK Paper (Consolidated, YoY)
Revenue at Rs. 1430 cr vs Rs. 1339 cr, up 7%
Net Profit at Rs. 265 cr vs Rs. 170 cr, up 56%
GPT Infra projects (Consolidated, YoY)
Revenue at Rs. 188 cr vs Rs. 122 cr, up 54.1%
Net Profit at Rs. 7.9 cr vs Rs. 4.5 cr, up 75.6%
Healthy order book at Rs 1707 Cr, almost 2.51x FY22 revenues
Easy Trip Planners (Consolidated, YoY)
GBR at Rs. 1663 cr vs Rs. 356 cr, up 367.1%
Net Profit at Rs. 33.7 cr vs Rs. 14.9 cr, up 126.2%
DLF (Consolidated, YoY)
Revenue at Rs. 1441 cr vs Rs. 1139 cr, up 26.5%
Net Profit at Rs. 469 cr vs Rs. 337 cr, up 39.2%
EBITDA at Rs. 413cr vs Rs 395cr, up 5%
EBITDA Margin at 29% vs 35%
CreditAcess Grameen (Consolidated, YoY)
NII at Rs. 456 cr vs Rs. 338 cr, up 34.9%
Net Profit at Rs. 139 cr vs Rs. 20 cr, up 595%
Provision at Rs 100cr vs Rs 151cr down 34% qoq
GodrejAgrovert (Consolidated, YoY)
Revenue at Rs. 2509 cr vs Rs. 1992 cr, up 26%
Net Profit at Rs. 87 cr vs Rs. 104 cr, down 16%
EBITDA at Rs. 161 cr vs Rs. 169 cr, down 5%
EBITDA % at 6.42% vs 8.48%
Cholamandalam Investment and Finance (Standalone, YoY)
NII Rs 1481cr vs Rs 1267cr up 17%
PAT Rs 566cr vs Rs 327cr up 73%
Disbursement at Rs 3635cr vs Rs 13329cr up 267%
Vehicle Finance disbursements at Rs 8562cr vs Rs 2846cr up 201%
AUM Stood at Rs 75763cr vs Rs 86703cr up 14% yoy
CAR 19.15%
GNPA 4.16% vs 4.37% qoq
Godawari Power & ISPAT ( Consolidated, YoY)
Revenue at Rs. 1666 cr vs Rs. 1126 cr, up 48%
Net Profit at Rs. 326 cr vs Rs. 472 cr, down -30.9%
EBITDA at Rs. 461 cr vs Rs. 573 cr, down -19.5%
EBITDA % at 27.67% vs 50.89%
Metro Brands (Consolidated, YoY)
Revenue at Rs. 507 cr vs Rs. 131 cr, up 287%
Net Profit at Rs. 105 cr vs Loss Rs. 12 cr
Nazara Tech (Consolidated, QoQ)
Revenue at Rs. 223 cr vs Rs. 175 cr, up 27%
Net Profit at Rs. 16.5 cr vs Rs. 4.9cr up 237%
Reported EBITDA at Rs. 30 cr vs Rs. 15cr up 102%
EBITDA Margin 13.4% vs 8.6%
Torrent Pharma (Consolidated, YoY)
Revenue at Rs. 2292 cr vs Rs. 2120 cr, up 8.1%
Net Profit at Rs. 354 cr vs Rs. 330 cr, up 7.3%
EBITDA at Rs. 657 cr vs Rs. 663 cr, down -0.9%
EBITDA Margin at 28.66% vs 31.27%
Zee Media (Consolidated, YoY)
Revenue at Rs. 207 cr vs Rs. 170 cr, up 21.8%
Net Profit at Rs. 8.2 cr vs Loss Rs. 9 cr
Foseco India ( YoY)
Revenue at Rs. 100 cr vs Rs. 75 cr, up 33.3%
Net Profit at Rs. 10.5 cr vs Rs. 6.3 cr, up 66.7%
Fineotex Chemicals (Consolidated, YoY)
Revenue at Rs. 136 cr vs Rs. 63 cr, up 115.9%
Net Profit at Rs. 19.7 cr vs Rs. 9.5 cr, up 107.4%
GMR Infra (Consolidated, YoY)
Rev from ops Rs 1443cr vs Rs 919cr up 57% Loss Rs 136cr vs Loss Rs 252cr
3iinfotech (Consolidated, YoY)
Revenue at Rs. 179 cr vs Rs. 175 cr, up 2.3%
Loss at Rs. 1.5 cr vs Loss Rs. 3.9 cr
Nilkamal (Consolidated, YoY)
Revenue at Rs. 740 cr vs Rs. 492 cr, up 51%
Net Profit at Rs. 28 cr vs Rs. 1.6 cr, up 1650%
VST Industries (Yoy)
Revenue at Rs. 401 cr vs Rs. 368 cr, up 9%
Net Profit at Rs. 87 cr vs Rs. 70 cr, up 24.3%
IDFC First Bank Q1
NII at `2751 cr vs `2184 cr, Up 26% YoY
Profit at `474 cr vs loss at `630 cr YoY
Provisions at `308cr vs `1872cr YoY
Vs `369cr QoQ
GNPA at 3.36% vs 3.7% QoQ
NNPA at 1.3% vs 1.53% QoQ
DCB Bank Q1 Standalone YoY
NII at `374 cr vs `309 cr YoY, up 21% YoY
Net profit at `97 cr vs `34 cr YoY, up 2.9x
Provisions at `35cr vs `157cr YoY
Vs `68cr QoQ
GNPA at 4.21% vs 4.32% QoQ
NNPA at 1.82% vs 1.97% QoQ
Sarda Energy Q1 Consolidated YoYRevenue up 52% at Rs 1261 cr vs Rs 832 cr
Net profit up 1% at Rs 170 cr vs Rs 168 cr
EBITDA up 36.5% at Rs 370 cr vs Rs 271 cr
Margins at 29.3% vs 32.6%
Indian Bank Q1 Standalone YoY
NII at `4534 cr vs `3995 cr, up 13% YoY
Profit at `1213 cr vs at `1182cr YoY, up 3% YoY
Provisions at `2002cr vs `1747cr YoY
Vs `2046cr QoQ
GNPA at 8.13% vs 8.47% QoQ
NNPA at 2.12% vs 2.27% QoQ
CDSL Q1 Standalone YoY
Revenue up 30% at Rs 158cr vs Rs 109cr
PAT up 22% at Rs 89cr vs Rs 58cr
Star Health And Allied Insurance Q1 Standalone YoY
Gross Written Premium up 12.8% at Rs 2464 cr vs Rs 2185 cr
Net profit at Rs 213 cr vs Net loss at Rs 210 cr
Rain Industries Q2CY22 (QoQ)
Revenue up 25% at Rs 5541 cr vs Rs 4437 cr
Net profit up 129% at Rs 696 cr vs Rs 304 cr
EBITDA up 50% at Rs 1252 cr vs Rs 835 cr
Margins at 23% vs 18.9%
Care Ratings Q1 Consol YoY
Revenues up 11% at Rs 54.6 cr vs Rs 49.2 cr
Net profit up 24.5% at Rs 13.7 cr vs Rs 11 cr
Bank of Baroda Q1 Standalone YoY
Net Interest Income up 12% at Rs 8839 cr vs Rs 7892 cr,
Net profit at `2168 cr vs `1209 cr YoY, up 79.3% YoY
Provisions at `1685cr vs `4005cr YoY
vs `3736cr QoQ
GNPA at 6.26% vs 6.61% QoQ
NNPA at 1.58% vs 1.71% QoQ
Godfrey Philips Q1 Consolidated YoYRevenue up 33.6% at Rs 982 cr vs Rs 735 cr
Net profit up 26.8% at Rs 142 cr vs Rs 112 cr
Mahindra Holidays Q1 Consolidated YoY
Revenue at `605 cr vs `371 cr, up 63% YoY
Profit of `30 cr vs loss of `21 cr
Ebidta at `100 cr vs `28 cr, up 3.6x YoY
Margins at 16.5% vs 7.5% YoY
STOCKS IN NEWS:
Shriram Transport Finance
To make tender offer for purchase of USD 750,000,000 5.95% Senior Secured Notes due 2022
To buyback upto $75M of $475M 4.15% 2025 Notes
NTPC
Appoints Jaikumar Srinivasan as CFO
MAS Financial
Board approved and alloted NCDs worth Rs 100cr
Torrent Pharma
Appointed Aman Mehta as Whole time Director of the Company wef 1st Aug
Piramal Enterprises
Approved the appointment of Upma Goel as the CFO wef De-merger date
Yes Bank
To sell 10% stake to Carlyle, Advent for $1.1B
To raise $650M in shares and $450M in warrants
HIL
Approved acquisition of the entire business undertaking of Fastbuild Blocks Private Limited for Rs 37cr slump sale
Grindwell Norton
Amalgamation with PRS Permacel Private Limited
PRS Permacel is an unlisted company engaged in manufacture of aesthetic decals and other adhesive tapes in India.
Zee Entertainment Enterprises
Received observation letter from NSE and BSE
These observation letters permit the Company to file the Composite Scheme of Arrangement with NCLT , Mumbai Bench
HDFC Ltd
Entered into a SPA with SBI for acquisition of 19.5% stake of HDFC Venture Capital Ltd for Rs 9,75,000
HDFC
Increases its Retail Prime Lending Rate on Housing loans, by 25 basis points, with effect from August 1, 2022.
Sarda Energy
Board approved raising Rs 500cr via debt instruments
Re-apponted Pankaj Sarda as joint MD for next 5 years
IDFC First Bank-Strong Commentary
V Vaidyanathan, Managing Director and CEO, IDFC FIRST Bank
Our return on assets has nearly touched 1% and we expect it to rise from here
Retail asset quality has normalized sooner than our earlier guidance of March 2023.
Bank of Baroda
Board approved selling upto 12.5% stake in IndiaFirst Life Insurance
Stake sale maybe via OFS in IPO or some other way
Stake won't fall below 51% stake in IndiaFirst Life Insurance
DCB Bank-Commentary
Murali M. Natrajan, Managing Director & CEO s
Monthly NPA slippages are steadily moving towards pre COVID-19 levels. Recoveries and Upgrades continue to be strong. Investments in frontline and branches are expected to increase the growth trajectory in the coming months
Vodafone Idea
Govt: Stake in Vodafone Idea will be sold at the right time
Voda Idea has come out of the difficult times can be seen their participation in 5G auctions
Voda Idea shall remain viable, expecting investment soon
Navkar Corp
Reeives govt. Approval for additional land area of 23 hectares in Gujarat
This is regarding setting up of inland Container Depot and Private Freight Terminals
Bank of India
Raises MCLR by 10bps to 7.6% w.e.f Aug.1
PNB
Raises MCLR by 10bps across various tenors w.e.f Aug.1
CSB Bank
Raises MCLR between 20-30bps across various tenors w.e.f Aug 1
Inox Wind
Arm transfers one of its SPV which commissioned 50 MW of SECI-1 to Torrent Power
Prestige Estate
Raises stake from 80% to 90% Prestige Sterling Infraprojects for Rs 118cr
Prestige Sterling Infraprojects owns/right to own around 35 acres of land at Off Outer Ring Road, Varthur Hobli, Bangalore having potential developable area of approximately 3.4 million sft.
Zen Tech
To acquire 5% stake in Paladin for 420k Canadian Dollars
Target company is in AI analytics
Navin Fluorine
Basant Kumar resigned as CFO
Dr. Reddy's Laboratories
Enters into a licensing agreement with Slayback Pharma to obtain exclusive rights in the first-to-file ANDA for the private label version of Lumify in the U.S.
Sun Pharma Advanced Research
To consider raising funds on Aug.8
Gujarat Gas
Q1 Board rescheduled to Aug.3
M&M
Recorded 1,00,000 bookings of the New Scorpio-N within 30 minutes of the booking commencement
The bookings commenced from 11 am on Saturday
Camlin Fine Sciences
SBI MF reduced its stake from 5.8% to 5.5%
La Opala
DSP MF increased its stake from 4.89% to 5%
United Spirits, Radico Khaitan-Liquor Stocks
Delhi Govt: Withdraws new excise policy on liquor and directed opening govt. Liquor store
Suven Pharma
Wholly owned arm Casper Pharma receives zero form-483 observations from USFDA for the formulation unit in Hyderabad
Lumax Auto Tech
To meet on Aug.6 to seek shareholders nod for raising funds
MOIL
Reduces prices by 10% for all Ferro grades of manganese ore
Prices to be effective from today
Others
Insider Trading
Confidence Petroleum Promoters pledge released 3.1 Cr shares
eMudhra directors & KMP sold 29000 shares
Earum Pharma Promoters and Directors sold 16.17 lk shares
Earum Pharma Promoter group sold 10.77 lk sh
Max financials Promoters created pledge of 11 lk share
Tanla Platforms directors bought 1000 shares
IndusInd Bank Designated Person sold 16016 shares
Mahindra Cie Directors& Relatives sold 70000 shares
Star Housing promoter group sold 12600 shares
CG Consumer electrical Designated Person disposed 40250 sh
Avenue Supermart Designated Person sold 6100 sh
Centrum Capital Promoter group pledged 55lk shares
RK forgings Promoter bought 15900 sh
Investor/Analysts Meet:
S H Kelkar And Company earning call 12 Aug
Chennai Petroleum to attend call organized by UBS securities on 29 July
Genus Power Infrastructures earning call 4 Aug
TCI express earning call 3 Aug
Shyam Metalics and Energy conference call 3 Aug
Divi’s Laboratories earning call 12 Aug
Thermax earning call on 3 Aug
SAREGAMA India earning call 2 Aug
Induslnd Bank meeting with host of investors on 29 July
Indo Count Industries earning call 2 Aug
PDS Limited earning call 2 Aug
Cigniti Technologies earning call 1 Aug
BLS International Services earning call 30 July
JB chemical earning call 5 Aug
End of Article