#TOP10 #StocksInFocus
1- RIL
2- BATA
3- GAIL
4- ADANI ENT
5- NAZARA TECH
6- DHANUKA AGRITECH
7- ACCELYA SOLUTIONS
8- TATA MOTORS
9- TANLA PLATFORMS
10- INDRAPRASTHA MEDICAL / STAR CEMENT
1- RIL
2- BATA
3- GAIL
4- ADANI ENT
5- NAZARA TECH
6- DHANUKA AGRITECH
7- ACCELYA SOLUTIONS
8- TATA MOTORS
9- TANLA PLATFORMS
10- INDRAPRASTHA MEDICAL / STAR CEMENT
Here are the stocks to watch in trade today:
• Reliance Industries: Company said the Fluidized Catalytic Cracker Unit in the Jamnagar refinery had to be taken for an emergency shutdown on June 6. Some product shipments may get delayed and company is working on minimizing impact on customers. FCCU unit being repaired on top priority. All other units in the Jamnagar refining complex operating normally.
• GAIL India: Company plans to list two of its gas pipeline projects via an infrastructure investment trust, Chairman Manoj Jain said in an analyst call after the March-quarter earnings. The InvIT will replace GAIL’s earlier plan to spin off its gas transmission business into a separate unit.
• Prestige Estates Projects: Company expects annual sales to reach Rs 8,000-10,000 crore over the next three years as it expands presence to new cities, Chairman and Managing Director Irfan Razack said in an earnings call.
• MMTC: Lenders led by State Bank of India approved moratorium on loans and interest repayment. Company has signed the master debt resolution agreement and related documents with lenders for proposed debt restructuring.
• Tata Motors: Board constituted committee to meet on June 14 to consider raising Rs 500 crore via non-convertible debentures.
• Reliance Power: Board will meet on June 13 to consider and approve raising of long-term resources from domestic and/or global markets.
• Tube Investments: Board will meet on June 17 to consider authorising borrowing through various means including by way of issue of nonconvertible debentures on a private placement basis, in one or more tranches.
• Jet Airways: 22nd meeting of the Committee of Creditors is scheduled to be held on June 14.
• GMR Infrastructure: 72.14% of total shares held by promoters and promoter group entities are encumbered.
• Reliance Industries: Company said the Fluidized Catalytic Cracker Unit in the Jamnagar refinery had to be taken for an emergency shutdown on June 6. Some product shipments may get delayed and company is working on minimizing impact on customers. FCCU unit being repaired on top priority. All other units in the Jamnagar refining complex operating normally.
• GAIL India: Company plans to list two of its gas pipeline projects via an infrastructure investment trust, Chairman Manoj Jain said in an analyst call after the March-quarter earnings. The InvIT will replace GAIL’s earlier plan to spin off its gas transmission business into a separate unit.
• Prestige Estates Projects: Company expects annual sales to reach Rs 8,000-10,000 crore over the next three years as it expands presence to new cities, Chairman and Managing Director Irfan Razack said in an earnings call.
• MMTC: Lenders led by State Bank of India approved moratorium on loans and interest repayment. Company has signed the master debt resolution agreement and related documents with lenders for proposed debt restructuring.
• Tata Motors: Board constituted committee to meet on June 14 to consider raising Rs 500 crore via non-convertible debentures.
• Reliance Power: Board will meet on June 13 to consider and approve raising of long-term resources from domestic and/or global markets.
• Tube Investments: Board will meet on June 17 to consider authorising borrowing through various means including by way of issue of nonconvertible debentures on a private placement basis, in one or more tranches.
• Jet Airways: 22nd meeting of the Committee of Creditors is scheduled to be held on June 14.
• GMR Infrastructure: 72.14% of total shares held by promoters and promoter group entities are encumbered.
Stocks to watch.
Yes Bank: To seek shareholders approval to raise up to Rs 10,000 crore via issue of debt securities.
• NHPC: Approved raising up to Rs 4,300 crore through issuance of secured, redeemable, taxable, non-cumulative, non-convertible taxable corporate bonds in FY22.
• Suven Pharmaceuticals Ltd, CSIR-Indian Institute of Chemical Technology, Hyderabad and CSIR-National Institute of Interdisciplinary Science & Technology, Thiruvananthapuram have entered into an agreement for the process technology transfer and manufacturing of the anti-Covid drugs, Molnupiravir and 2-DG. This is a related party transaction as one of the Independent Directors of SPL, S Chandrasekhar, is also the Director of CSIR-IICT, Hyderabad. The agreements between the parties involve a total fee of Rs 8 lakh plus taxes for the grant of the licenses on a non-exclusive basis to SPL.
• GOCL Corporation: The company and its wholly owned subsidiary, IDL Explosives, have bagged orders of Rs 286.63 crore from Coal India. The company will supply raydets, electronic and other detonators and cartridge explosives over a period of 2 years to Coal India.
• Godrej Properties: Godrej Projects Development, a wholly owned subsidiary of the company, has acquired 20% issued and paid-up share capital of Vagishwari Land Developers for Rs 29.99 crore.
• Indian Bank: Declared the non-performing accounts of Emmsons International, Runit Fabrics and KR Corporation as fraud and reported them to the RBI.
• Reliance Industries: Partly paid-up equity shares will be entitled to dividend of Rs 3.50 per share for FY21.
• Mangalore Refinery and Petrochemicals: Approved the scheme of amalgamation of ONGC Mangalore Petrochemicals with the company. The amalgamation will create greater synergies between the business operations of both the companies, result in optimal utilisation of resources and will maximise returns to the entire group, the company said.
• Power Grid Corp: To consider a free share issue on June 17.
• Kolte-Patil Developers: Gopal Sarda has resigned as the Group CEO of the company effective June 10.
• Cosmo Films: Cosmo Speciality Chemicals, a subsidiary of the company, has launched a new product called Fabritizer, an after-wash laundry sanitizer for germ-free clothing.
• Earnings: DLF, BEML, Bharat Heavy Electricals, CG Power and Industrial Solutions, Cochin Shipyard, Deccan Cements, DFM Foods, Heranba Industries, Likhitha Infrastructure, Lumax Industries, Max Ventures and Industries, Patel Engineering, Sun TV Network
Earnings Post Market Hours
NHPC Q4FY21 (Consolidated, QoQ)
• Revenue down 32% at Rs 1,609.17 crore Vs Rs 2,359.68 crore
• Net profit down 51% at Rs 427.55 crore Vs Rs 869.21 crore
• Ebitda down 60% at Rs 548.10 crore Vs Rs 1,364.21 crore
• Ebitda margin at 34.1% Vs 57.8%
National Fertilizers Q4FY21 (Consolidated, QoQ)
• Revenue up 1% at Rs 2,961.17 crore Vs Rs 2,938.69 crore
• Net loss of Rs 9.53 crore Vs Net profit of Rs 52.89 crore
• Ebitda down 46% at Rs 114.03 crore Vs Rs 210.44 crore
• Ebitda margin at 3.9% Vs 7.2%
Eclerx Services Q4FY21 (Consolidated, QoQ)
• Revenue 20% at Rs 472.8 crore Vs Rs 394.30 crore
• Net profit up 38% at Rs 98.30 crore Vs Rs 71.20 crore
• Ebitda up 36% at Rs 152.40 crore Vs Rs 112 crore
• Ebitda margin at 32.2% Vs 28.4%
• Recommended dividend of Re 1 per share
• Constant currency growth at 19.3%. Offshore growth stronger than onshore.
Yes Bank: To seek shareholders approval to raise up to Rs 10,000 crore via issue of debt securities.
• NHPC: Approved raising up to Rs 4,300 crore through issuance of secured, redeemable, taxable, non-cumulative, non-convertible taxable corporate bonds in FY22.
• Suven Pharmaceuticals Ltd, CSIR-Indian Institute of Chemical Technology, Hyderabad and CSIR-National Institute of Interdisciplinary Science & Technology, Thiruvananthapuram have entered into an agreement for the process technology transfer and manufacturing of the anti-Covid drugs, Molnupiravir and 2-DG. This is a related party transaction as one of the Independent Directors of SPL, S Chandrasekhar, is also the Director of CSIR-IICT, Hyderabad. The agreements between the parties involve a total fee of Rs 8 lakh plus taxes for the grant of the licenses on a non-exclusive basis to SPL.
• GOCL Corporation: The company and its wholly owned subsidiary, IDL Explosives, have bagged orders of Rs 286.63 crore from Coal India. The company will supply raydets, electronic and other detonators and cartridge explosives over a period of 2 years to Coal India.
• Godrej Properties: Godrej Projects Development, a wholly owned subsidiary of the company, has acquired 20% issued and paid-up share capital of Vagishwari Land Developers for Rs 29.99 crore.
• Indian Bank: Declared the non-performing accounts of Emmsons International, Runit Fabrics and KR Corporation as fraud and reported them to the RBI.
• Reliance Industries: Partly paid-up equity shares will be entitled to dividend of Rs 3.50 per share for FY21.
• Mangalore Refinery and Petrochemicals: Approved the scheme of amalgamation of ONGC Mangalore Petrochemicals with the company. The amalgamation will create greater synergies between the business operations of both the companies, result in optimal utilisation of resources and will maximise returns to the entire group, the company said.
• Power Grid Corp: To consider a free share issue on June 17.
• Kolte-Patil Developers: Gopal Sarda has resigned as the Group CEO of the company effective June 10.
• Cosmo Films: Cosmo Speciality Chemicals, a subsidiary of the company, has launched a new product called Fabritizer, an after-wash laundry sanitizer for germ-free clothing.
• Earnings: DLF, BEML, Bharat Heavy Electricals, CG Power and Industrial Solutions, Cochin Shipyard, Deccan Cements, DFM Foods, Heranba Industries, Likhitha Infrastructure, Lumax Industries, Max Ventures and Industries, Patel Engineering, Sun TV Network
Earnings Post Market Hours
NHPC Q4FY21 (Consolidated, QoQ)
• Revenue down 32% at Rs 1,609.17 crore Vs Rs 2,359.68 crore
• Net profit down 51% at Rs 427.55 crore Vs Rs 869.21 crore
• Ebitda down 60% at Rs 548.10 crore Vs Rs 1,364.21 crore
• Ebitda margin at 34.1% Vs 57.8%
National Fertilizers Q4FY21 (Consolidated, QoQ)
• Revenue up 1% at Rs 2,961.17 crore Vs Rs 2,938.69 crore
• Net loss of Rs 9.53 crore Vs Net profit of Rs 52.89 crore
• Ebitda down 46% at Rs 114.03 crore Vs Rs 210.44 crore
• Ebitda margin at 3.9% Vs 7.2%
Eclerx Services Q4FY21 (Consolidated, QoQ)
• Revenue 20% at Rs 472.8 crore Vs Rs 394.30 crore
• Net profit up 38% at Rs 98.30 crore Vs Rs 71.20 crore
• Ebitda up 36% at Rs 152.40 crore Vs Rs 112 crore
• Ebitda margin at 32.2% Vs 28.4%
• Recommended dividend of Re 1 per share
• Constant currency growth at 19.3%. Offshore growth stronger than onshore.
HINDUSTAN ORGANIC CHEMICAL Q4 : Net Profit of Rs 10 cr against Rs 18.7 cr loss last year
Revenue Up 20 % to Rs 111 cr
Revenue Up 20 % to Rs 111 cr
Dividend Updates.
👉🏻Chemcrux Enterprises Ltd Board approves final dividend of Rs. 2
👉🏻Lumax Industries Ltd board recommends final dividend of Rs. 7
👉🏻Oricon Enterprises Ltd Board approves Dividend of Rs. 0.50
👉🏻JL Morison India Ltd Board approves Dividend of Rs. 1
👉🏻The Southern Gas Ltd Board recommends Final Dividend of Rs. 50
👉🏻Kiran Vyapar Ltd Board approves Dividend of Rs. 1.50
👉🏻Hindustan Hardy Ltd Board recommends Dividend of Rs. 2
👉🏻DFM Foods Ltd Board approves Dividend of Rs. 1
👉🏻BEML Ltd board recommends final dividend of Rs. 1.20
👉🏻Cochin Shipyard Ltd board recommends final dividend of Rs. 2.50
👉🏻IVP Ltd board recommends final dividend of Rs. 1
👉🏻Intense Technologies Limited board recommends final dividend of Rs. 2
👉🏻WIM Plast Ltd board recommends final dividend of Rs. 5
👉🏻Edelweiss Financial Services Limited board recommends final dividend of Rs. 0.55
👉🏻Bharat Bhushan Share & Commodity Brokers Ltd Board approves final dividend of Rs. 0.60
👉🏻Sterling Tools Ltd board recommends dividend of Rs. 1
👉🏻J K Cement Ltd board recommends dividend of Rs. 15
👉🏻Everest Organics Ltd board recommends final dividend of Rs. 1
👉🏻VRL Logistics Ltd board recommends final dividend of Rs. 4
👉🏻The Indian Hume Pipe Company Limited board recommends dividend of Rs. 2
👉🏻Gloster Limited board recommends dividend of Rs. 25
👉🏻Parag Milk Foods Ltd Board recommends Final Dividend of Rs. 0.50
👉🏻Aarnav Fashions Ltd board recommends dividend of Rs. 0.50
👉🏻Lumax Auto Technologies Ltd Board approves final dividend of Rs. 3
👉🏻HLE Glascoat Ltd Board approves Dividend of Rs. 4
👉🏻Anupam Rasayan India Ltd board recommends dividend of Rs. 0.50
👉🏻Care Ratings Limited board recommends final dividend of Rs. 6
👉🏻Chemcrux Enterprises Ltd Board approves final dividend of Rs. 2
👉🏻Lumax Industries Ltd board recommends final dividend of Rs. 7
👉🏻Oricon Enterprises Ltd Board approves Dividend of Rs. 0.50
👉🏻JL Morison India Ltd Board approves Dividend of Rs. 1
👉🏻The Southern Gas Ltd Board recommends Final Dividend of Rs. 50
👉🏻Kiran Vyapar Ltd Board approves Dividend of Rs. 1.50
👉🏻Hindustan Hardy Ltd Board recommends Dividend of Rs. 2
👉🏻DFM Foods Ltd Board approves Dividend of Rs. 1
👉🏻BEML Ltd board recommends final dividend of Rs. 1.20
👉🏻Cochin Shipyard Ltd board recommends final dividend of Rs. 2.50
👉🏻IVP Ltd board recommends final dividend of Rs. 1
👉🏻Intense Technologies Limited board recommends final dividend of Rs. 2
👉🏻WIM Plast Ltd board recommends final dividend of Rs. 5
👉🏻Edelweiss Financial Services Limited board recommends final dividend of Rs. 0.55
👉🏻Bharat Bhushan Share & Commodity Brokers Ltd Board approves final dividend of Rs. 0.60
👉🏻Sterling Tools Ltd board recommends dividend of Rs. 1
👉🏻J K Cement Ltd board recommends dividend of Rs. 15
👉🏻Everest Organics Ltd board recommends final dividend of Rs. 1
👉🏻VRL Logistics Ltd board recommends final dividend of Rs. 4
👉🏻The Indian Hume Pipe Company Limited board recommends dividend of Rs. 2
👉🏻Gloster Limited board recommends dividend of Rs. 25
👉🏻Parag Milk Foods Ltd Board recommends Final Dividend of Rs. 0.50
👉🏻Aarnav Fashions Ltd board recommends dividend of Rs. 0.50
👉🏻Lumax Auto Technologies Ltd Board approves final dividend of Rs. 3
👉🏻HLE Glascoat Ltd Board approves Dividend of Rs. 4
👉🏻Anupam Rasayan India Ltd board recommends dividend of Rs. 0.50
👉🏻Care Ratings Limited board recommends final dividend of Rs. 6
5 Stocks under F&O ban for 14th June:
1️⃣ BHEL
2️⃣ Indiabulls Housing Finance
3️⃣ Sun TV Network
4⃣Canara Bank
5⃣NALCO
1️⃣ BHEL
2️⃣ Indiabulls Housing Finance
3️⃣ Sun TV Network
4⃣Canara Bank
5⃣NALCO
Dividend Updates
👉🏻Aditya Vision Ltd Board recommends Final Dividend of Rs. 5
👉🏻Voith Paper Fabrics India Ltd Board approves Dividend of Rs. 5
👉🏻Swelect Energy Systems Limited board recommends final dividend of Rs. 3
👉🏻Archit Organosys Ltd board recommends final dividend of Rs. 0.50
👉🏻JB Chemicals & Pharmaceuticals Ltd Board approves final dividend of Rs. 8
👉🏻Aditya Vision Ltd Board recommends Final Dividend of Rs. 5
👉🏻Voith Paper Fabrics India Ltd Board approves Dividend of Rs. 5
👉🏻Swelect Energy Systems Limited board recommends final dividend of Rs. 3
👉🏻Archit Organosys Ltd board recommends final dividend of Rs. 0.50
👉🏻JB Chemicals & Pharmaceuticals Ltd Board approves final dividend of Rs. 8