NETANYAHU AT AN ARROW MISSILE DEFENSE BATTERY: HAVE INTELLIGENCE INDICATIONS IRAN AND ITS PROXIES MAY TRY TO CHALLENGE US WITH AN ATTACK AIMED AT DISRUPTING THE ELECTIONS.
β€1
TRUMP SAYS FOX NEWS IS SPENDING FAR TOO MUCH TIME PUTTING ON THE OPPONENTS OF REPUBLICAN PARTY CANDIDATES, PEOPLE WHO LOVE THE COUNTRY AND HAVE GREAT POLICIES AND IDEAS - TRUTH SOCIAL
TRUMP SAYS THESE βAMERICAN PATRIOTSβ ARE BEING ABSOLUTELY βBLURRED OUTβ BY THE MEDIA AND THAT FOX IS DOING LITTLE TO HELP, CALLING IT THE ONLY REASON THE RACE IS CLOSE, βIF IT IS INDEED CLOSEβ - TRUTH SOCIAL
TRUMP SAYS THESE βAMERICAN PATRIOTSβ ARE BEING ABSOLUTELY βBLURRED OUTβ BY THE MEDIA AND THAT FOX IS DOING LITTLE TO HELP, CALLING IT THE ONLY REASON THE RACE IS CLOSE, βIF IT IS INDEED CLOSEβ - TRUTH SOCIAL
π₯2β€1
TRUMP SAYS HE IS NOT CONCERNED IRAN WOULD REBUILD URANIUM IN MONTHS
π3
TRUMP SAYS THE U.S. IS GETTING CLOSE TO A DEAL WITH CANADA THAT COULD COME BEFORE THE ELECTIONS, AND THAT ON BUILDING CAR PLANTS HE IS ANNOUNCING ONE TODAY
π3
Q2 Wrap For Today: Key Guidance Changes
Infy - CC growth guidance cut to 1-2% vs 1.5-3%
Coforge - FY27 EBIT margin guidance raised to 16% vs 15.5%
Shree cement - FY27 vol guidance raised to 40-41 MT
Dr Reddy - Semaglutide relaunch till Mar, Reiterated FY27 EBITDA Margins guidance of 20%+
JSW Steel - Coking coal prices to rise $25/tonne
Jana SFB - FY27 PAT growth guidance raised to 100% vs 80%; deposit growth to accelerate in H2
Newgen Software - FY27 guidance cut to 10% vs 15%
Shriram Fin: Lowers FY27 AUM growth guidance to 15-17% vs 18%
Infy - CC growth guidance cut to 1-2% vs 1.5-3%
Coforge - FY27 EBIT margin guidance raised to 16% vs 15.5%
Shree cement - FY27 vol guidance raised to 40-41 MT
Dr Reddy - Semaglutide relaunch till Mar, Reiterated FY27 EBITDA Margins guidance of 20%+
JSW Steel - Coking coal prices to rise $25/tonne
Jana SFB - FY27 PAT growth guidance raised to 100% vs 80%; deposit growth to accelerate in H2
Newgen Software - FY27 guidance cut to 10% vs 15%
Shriram Fin: Lowers FY27 AUM growth guidance to 15-17% vs 18%
β€1
Opening Cues
Iran-US War Commentary Remains Mixed
Gold Trades Below $4000/oz
Slight Retreat In Brent/Natural Gas Prices
Nikkei In Red-On AI Led Sell-Off
Asian Markets Open Mixed
Risk Off Sentiment Remains
Technicals Remain Weak
FII Shorts Unchanged At 90%
FIIs Turn Buyers In Cash Market After 1 Session
Iran-US War Commentary Remains Mixed
Gold Trades Below $4000/oz
Slight Retreat In Brent/Natural Gas Prices
Nikkei In Red-On AI Led Sell-Off
Asian Markets Open Mixed
Risk Off Sentiment Remains
Technicals Remain Weak
FII Shorts Unchanged At 90%
FIIs Turn Buyers In Cash Market After 1 Session
β€1
EARNINGS WATCHLIST
POSITIVE
Dr.Reddy's Labs-Q2-Margins surprise positively
Kotak Mahindra Bank- Strong 2Q with a beat on key operating metrics
Apollo Micro-Highest ever revenue, EBIDTA
TruAlt Bio, Bharat Coking Coal-Turnaround quarter
AU Small Finance Bank- Credit cost delivery much better than guidance
IDFC First Bank-NIM recovery ahead
Lumax Auto-PAT up 58% YoY
JK Cement-Strong operational beat
Coforge- Mgmt. confident on margin expansion
Tata Motors CV, IndusInd Bank, Torrent Pharma-Large Inline (With +ve bias)
NEGATIVE
Infosys-Cuts FY27 constant-currency revenue growth guidance
SBI Funds-PAT down 20% QoQ, weak receivables growth
JK Tyre-EBITDA margin contracted to 6.9% from 13% YoY
Oracle Financial Services-Weaker than estimates
POSITIVE
Dr.Reddy's Labs-Q2-Margins surprise positively
Kotak Mahindra Bank- Strong 2Q with a beat on key operating metrics
Apollo Micro-Highest ever revenue, EBIDTA
TruAlt Bio, Bharat Coking Coal-Turnaround quarter
AU Small Finance Bank- Credit cost delivery much better than guidance
IDFC First Bank-NIM recovery ahead
Lumax Auto-PAT up 58% YoY
JK Cement-Strong operational beat
Coforge- Mgmt. confident on margin expansion
Tata Motors CV, IndusInd Bank, Torrent Pharma-Large Inline (With +ve bias)
NEGATIVE
Infosys-Cuts FY27 constant-currency revenue growth guidance
SBI Funds-PAT down 20% QoQ, weak receivables growth
JK Tyre-EBITDA margin contracted to 6.9% from 13% YoY
Oracle Financial Services-Weaker than estimates
β€4
L&T TECH: CO. AND NOKIA FORGE ENGINEERING COLLABORATION TO SUPPORT NOKIA ENGINEERING AND R&D ACTIVITIES IN INDIA
COFORGE: MANAGEMENT RAISED CONSOLIDATED EBIT MARGIN GUIDANCE FOR FY27 TO 16% FROM 15.5%, WITH A PLAN TO ACHIEVE A REPORTED Q4 EBIT OF 17% AND EXPECT MARGINS TO EXCEED 17% IN FY28;
THE COMPANY AIMS TO BE AMONG THE TOP THREE HIGHEST-EBIT-MARGIN TECH SERVICES FIRMS IN THE SHORT TO MEDIUM TERM, DRIVEN BY AI ADOPTION IN INTERNAL PROCESSES AND PROACTIVE SOLUTIONS.
THE COMPANY AIMS TO BE AMONG THE TOP THREE HIGHEST-EBIT-MARGIN TECH SERVICES FIRMS IN THE SHORT TO MEDIUM TERM, DRIVEN BY AI ADOPTION IN INTERNAL PROCESSES AND PROACTIVE SOLUTIONS.
Jyoti Structures - Wins another order worth Rs 949 crores
Order is for Β±800 kV HVDC Bipole Barmer-II & South Kalamb Transmission Lines for package TL01 & TL02
Co has recently restarted of tower manufacturing Plant-2, with an additional annual manufacturing capacity of approximately 35,000 metric tonnes
Combined manufacturing capacity of Nashik Plant-1 and Plant-2: 72,000 MT per annum - almost double
Order is for Β±800 kV HVDC Bipole Barmer-II & South Kalamb Transmission Lines for package TL01 & TL02
Co has recently restarted of tower manufacturing Plant-2, with an additional annual manufacturing capacity of approximately 35,000 metric tonnes
Combined manufacturing capacity of Nashik Plant-1 and Plant-2: 72,000 MT per annum - almost double
β€2
STERLITE TECH says
On Track To Achieve FY29 Revenue Guidance Of *20,000 Cr
Seeing Disproportionate Growth From North America
Upgrade FY29 Margin Guidance From 27% ΀ο 30%
Want 50-60% Of Biz To Come From Data Center By FY29
Focus Is On Healthy Balance, Have βΉ700 Cr Of Cash
On Track To Achieve FY29 Revenue Guidance Of *20,000 Cr
Seeing Disproportionate Growth From North America
Upgrade FY29 Margin Guidance From 27% ΀ο 30%
Want 50-60% Of Biz To Come From Data Center By FY29
Focus Is On Healthy Balance, Have βΉ700 Cr Of Cash
β€1