💢Asia-Pac stocks begin positive following last week's gains on Wall St which were driven by tech strength and dovish-leaning data, while attention overnight turns to Chinese official PMIs, ASX 200 (+0.2%), Nikkei 225 (+1.1%), KOSPI (+0.7%)

💢Stocks Ban In F&O IndiabullsHsgq

💢Earnings Today: Adani Green, Adani Trans, GAIL India, Bosch, Castrol India, Asahi India Glass, Go Fashion, HG Infra, India Pesticides, Heritage Foods, Bajaj Hindusthan, HIL, Butterfly Gandhimathi, Control Print, Dhanlaxmi Bank, Cupid, Maruti Suzuki, Power Grid, Oberoi Realty, Petronet LNG, KEI Ind, Navin Fluorine Intl, Sumito Chemicals, JBM Auto, IRB Infra, Lakshmi Machine Works, NOCIL, Som Distilleries, Prakash Ind, InfoBeans Tech, Linc, Kamdhenu, Mold Tek Tech, UPL, Welspun India, Transport Corp, UFO Moviez India

💢Stocks To Watch: Bank of India, Sonata Software, DivgiTorq Transfer Systems, Equitas Small Finance Bank IDFC First Bank, Five Star Business Finance, JTL Industries, Kokuyo Camlin, Marico, Piramal Enterprises, Shriram Finance, Hero MotoCorp, Gland Pharma, Reliance, UCO Bank, SBI Cards and Payment Services, RPG Life Sciences, DCB Bank, United Breweries, IndiGo, Chalet Hotels, MMTC

💥Bank of India: Q1 standalone net profit 15.51 billion rupees vs 5.62 billion (YoY); 13.50 billion (QoQ) Q1 interest earned 143.59 billion rupees vs 99.73 billion (YoY); 134.50 billion (QoQ). Q1 GNPA 6.67% vs 7.31% (Q0Q), Q1 NNPA 1.65% vs 1.66% (QoQ). Q1 provisions at 8.24 billion rupees vs 20.5 billion (QoQ). The company says NIM global improved by 49 bps (YoY) in Q1.

💥Sonata Software: Q1 Cons Net Profit 1.2b Rupees Vs 1.1b (YoY): 1b (QoQ) Q1 Revenue 20b Rupees Vs 17.8b (YoY); 19b (QoQ) Q1 Ebitda 1.8b Rupees Vs 1.4b (YoY) Q1 Ebitda Margin 8.84% Vs 7.96% (YoY)

💥DivgiTorq Transfer Systems: Co gets an order worth 1.8 billion rupees. The company says awarded a new program from an overseas customer to supply components for their OE program.

💥Equitas Small Finance Bank: Q1 standalone net profit 1.91 billion rupees vs 970 million (YoY); 1.9 billion (QoQ) Q1 interest earned 12.54 billion rupees vs 9.4 billion (YoY): 11.56 billion (QoQ). Q1 GNPA 2.75% vs 2.76% (QoQ), Q1 NNPA 1.18% vs 1.21% (QoQ) Q1 provisions at 601 million rupees vs 1.26 billion (QoQ).

💥IDFC First Bank: Q1 SI Net Profit 7 65b Rupees Vs 4.7b (YoY), 8b (QoQ) II Q1 Revenue 68.6b Rupees Vs 49b (YoY); 64.2b (QoQ) Q1 Gnpa Seen At 2.17% Vs 2.51 (QoQ) Q1 Nnpa Seen At 0.70% Vs 0:86% (QoQ) Il Q1 Provision & Contingencies Seen At 4 8b Vs 4.8b (QoQ)

💥Five Star Business Finance: Q1 SI Net Profit 1.8b Rupees Vs 1.4b (YoY); 1.7b (QoQ) Q1 Revenue 4.8b Rupees Vs 3.3b (YoY); 4.4b (QoQ)

💥JTL Industries: Q1 SI Net Profit 254m Rupees Vs 110m (YoY): 366m (QoQ) II Q1 Revenue 5b Rupees Vs 2.6b (YoY); 4.7b (QoQ) Q1 Ebitda 355m Rupees Vs 139m (YoY) II Q1 Ebitda Margin 7.04% Vs 5.42% (YoY) Co Approved The Issue Of Bonus Shares In The Ratio of 1:1

💥Kokuyo Camlin: Q1 standalone net profit 184 million rupees vs 84 million (YoY); 84 million (QoQ). Q1 revenue 2.36 billion rupees vs 1.95 billion (YoY); 2.16 billion (QoQ). Q1 EBITDA 242 million rupees vs 135 million (YoY). Q1 EBITDA margin 10.27% vs 6.89% (YoY).

💥Marico: Q1 consolidated net profit 4.27 billion rupees vs 3.7 billion (YoY), 3.02 billion (QoQ). Q1 revenue 24.77 billion rupees vs 25.58 billion (YoY); 22.40 billion (QoQ), Q1 EBITDA 5.74 billion rupees vs 5.28 billion (YoY), Q1 EBITDA margin 23.17% vs 20.64% (YoY).

💥Piramal Enterprises: Q1 consolidated net profit 5.07 billion rupees vs profit 81 billion (YoY); loss 1.96 billion (QoQ). Q1 revenue 28.99 billion rupees vs 21.61 billion (YoY); 18.62 billion (QoQ) Q1 GNPA at 2.79% Q1 NNPA at 1.47%. || Co. Approves 17.5 Billion Rupees Share Buyback at 1250 Rupees per Share, Promoters Opt Out

💥Shriram Finance: Madras High Court has set aside Enforcement Directorate order over 50 million rupees penalty on the company and certain directors

💥Hero MotoCorp: The company says for Harley-Davidson X440 online bookings to close on 3rd August 2023. Deliveries to commence from 2023.

💥Gland Pharma: The company says the inspection was concluded with zero 483 observations. The US FDA conducted a Good Manufacturing Practice inspection at the company's VSEZ Sterile Oncology facility at Visakhapatnam.

💥Reliance: India Tribunal Clears Reliance Industries and Mukesh Ambani in SEBI Violation Case, Quashes Penalty

💥UCO Bank: Q1 standalone net profit 2.24 billion rupees vs 1.24 billion (YoY), 5.8 billion (QoQ) Q1 interest income 52.24 billion rupees vs 38.51 billion (YoY): 49.87 billion (QoQ), Q1 GNPA 4.48% vs 4.78% (QoQ). Q1 NNPA 1.18% vs 1.29% (QoQ). Q1 provisions at 8.56 billion rupees vs 4.51 billion (QoQ). The company says NIM global up 2.86% (YoY) in Q1.

💥SBI Cards and Payment Services: Q1 standalone net profit 5.93 billion rupees vs 6.27 billion (YoY), 5.96 billion (QoQ). Q1 revenue 39.12 billion rupees vs 31 billion (YoY); 37.62 billion (QoQ)

💥RPG Life Sciences: Q1 standalone net profit 221 million rupees vs 182 million (YoY); 103 million (QoQ), Q1 revenue 1.48 billion rupees vs 1.29 billion (YoY); 1,18 billion (QoQ). Q1 EBITDA 322 million rupees vs 278 million (YoY). Q1 EBITDA margin 21.82% vs 21,59% (YoY).

💥DCB Bank: Q1 standalone net profit 1.27 billion rupees vs 971 million (YoY); 1.42 billion (QoQ). Q1 interest income 12.38 billion rupees vs 9.5 billion (YoY): 11.79 billion (QoQ). Q1 GNPA 3.26% vs 3.19% (QoQ). Q1 NNPA 1.19% vs 1,04% (QoQ). The company says NIM of 3.83% for Q1FY2024.

💥United Breweries: Q1 standalone net profit 1.36 billion rupees vs 1.62 billion (YoY); 97 million (QoQ) Q1 revenue 52.41 billion rupees vs 51.94 billion (YoY); 40.80 billion (QoQ). Q1 EBITDA 2.23 billion rupees vs 2.65 billion (YoY), Q1 EBITDA margin 4.25% vs 5.1% (YoY),

💥IndiGo: Co. Faces 3 Million Rupees Penalty After Special Audit Reveals Systemic Deficiencies

💥Chalet Hotels: Q1 consolidated net profit 887 million rupees vs 286 million (YoY); 367 million (Q00). Q1 revenue 3.11 billion rupees vs 2.5 billion (YoY), 3.38 billion (QoQ). Q1 EBITDA 1.13 billion rupees vs 1.1 billion (YoY). Q1 EBITDA margin 36.55% vs 43% (YoY).

💥MMTC: The company's unit receives information about notices of default initially to tune of about $11.50 million. Default notices from overseas branches of Indian Overseas Bank, Bank of India, and UCO Bank.

💢Asia-Pac stocks are mostly higher after the mildly positive lead from Wall St where the S&P 500 notched its 5th consecutive monthly gain, but with upside capped as markets await more Chinese PMI data and the RBA rate decision; ASX 200 (+0.2%), Nikkei 225 (+0.1%), KOSPI (+0.6%)

💢Stocks Ban In F&O: IndiabullsHsg, PEL

💢Earnings Today: Cholamandalam Investment, Adani Total Gas, Metro Brands, Escorts Kubota, KPR Mill, Bikaji Foods, Anupam Rasayan, Godrej Agrovet, Maharashtra Seamless, Anant Raj, Kirloskar Brothers, GMDC, Dalmia Bharat, MPS, Deep Ind, Jindal Drilling, Bliss GVS, Thermax, PVR INOX, Redington, Triveni Turbine, Welspun Ent, Thyrocare Tech, Orient Cement, Ugro Capital, Savita Oil Tech, TTK Healthcare, Snowman Logistics, Tribhovandas Bhimji Zaveri

💢Stocks To Watch: Rail Vikas Nigam, Shilpa Medicare, SRF, Kaynes Technology India, Linc, Reliance Industries, Dynamic Cables, KEI Industries, H.G. Infra Engineering, Cochin Shipyard, Maruti Suzuki India, Manali Petrochemicals, Greenply Industries, LIC Housing Finance, SOM Distilleries & Breweries, Bosch, Petronet LNG, Adani Enterprises, VST Industries, GAIL, Power Grid Corp, Lupin

💥Rail Vikas Nigam: Co. Secures Project Worth 1.5 Billion Rupees for MPPKVVCL, Jabalpur, Bags Additional 1.82 Billion Rupees Contract

💥Shilpa Medicare: The company received approval from CDSCO, New Delhi, for manufacturing and sale of Pemetrexed ready-to-use injections in various sizes in India. They also launched Pemetrexed injection under the brand name VRTU.

💥SRF: Co. approved the commissioning and capitalization of a 2.56 billion rupees capital expenditure proposal to establish a facility producing advanced intermediates for agrochemicals at Dahej.

💥Kaynes Technology India: Q1 consolidated net profit was 246 million rupees compared to 100 million rupees (YoY). QT revenue was 2.97 billion rupees compared to 1.99 billion rupees (YoY). EBITDA was 403 million rupees compared to 246 million rupees (YoY). Q1 EBITDA margin was 13.56% compared to 12.34% (YOY).

💥Linc: Q1 standalone net profit was 74 million rupees compared to 44 million rupees (YoY). Q1 revenue was 1.12 billion rupees compared to 979 million rupees (YoY). Q1 EBITDA was 131 million rupees compared to 80 million rupees (YoY). Q1 EBITDA margin was 11.75% compared to 8.16% (YoY).

💥Reliance Industries: Reliance Jiobook with JioOS and an 11-inch display was launched, priced at 16,499 rupees. It will be available starting from 5th August 2023.

💥Dynamic Cables: Q1 standalone net profit was 114 million rupees compared to 72 million rupees (YoY). Q1 revenue was 1.81 billion rupees compared to 1.6 billion rupees (YoY). Q1 EBITDA was 205 million rupees compared to 142 million rupees (YoY). Q1 EBITDA margin was 11.28% compared to 9% (YoY).

💥KEI Industries: Q1 standalone net profit was 1.21 billion rupees compared to 1.04 billion rupees (YoY). Q1 revenue was 17.83 billion rupees compared to 15.65 billion rupees (YoY). Q1 EBITDA was 1.78 billion rupees compared to 1.59 billion rupees (YoY). Q1 EBITDA margin was 10% compared to 10.2% (YoY).

💥H.G. Infra Engineering: Q1 consolidated net profit was 1.50 billion rupees compared to 1.09 billion rupees (YoY). Q1 revenue was 13.51 billion rupees compared to 11.06 billion rupees (YoY). Q1 EBITDA was 2.81 billion rupees compared to 1.99 billion rupees (YoY). Q1 EBITDA margin was 20.77% compared to 17.99% (YoY).

💥Cochin Shipyard: The company has been upgraded from 'Schedule B' to 'Schedule A' CPSE by the Govt of India.

💥Maruti Suzuki India: Q1 net profit stood at 24.85 billion rupees compared to 10.1 billion rupees (YoY); estimated at 24.03 billion. Q1 revenue was 323.33 billion rupees compared to 264.99 billion rupees (YoY). Q1 EBITDA was 29.83 billion rupees compared to 19.12 billion rupees (YoY); estimated at 32.61 billion. Q1 EBITDA margin was 9.23% compared to 7.22% (YoY); estimated at 10.3%.

💥Manali Petrochemicals Receives National Green Tribunal's Directives on Environmental Compensation and Corpus Fund; Impact Assessment Remains Uncertain

💥Greenply Industries: The manufacturing operations at the MDF plant of the company's unit were temporarily closed for 9 days starting from August 1.

💥LIC Housing Finance: Y Viswanatha Gowd, the managing director, and chief executive officer tendered resignation.

💥SOM Distilleries & Breweries: Q1 consolidated net profit was 337 million rupees compared to 266 million rupees (YoY). Q1 revenue was 7.59 billion rupees compared to 4.38 billion rupees (YoY). Q1 EBITDA was 485 million rupees compared to 341 million rupees (YoY), Q1 EBITDA margin was 6.40% compared to 7.79% (YoY).

💥Bosch: Q1 standalone net profit was 4.09 billion rupees compared to 3.34 billion rupees (YoY); estimated at 4.09 billion, Q1 revenue was 41.58 billion rupees compared to 35.44 billion rupees (YoY). Q1 EBITDA was 4.68 billion rupees compared to 4.5 billion rupees (YoY); estimated at 5.11 billion. Q1 EBITDA margin was 11.25% compared to 12.68% (YoY); estimated at
13.1%.

💥Petronet LNG: Q1 standalone net profit was 7.90 billion rupees compared to 6.14 billion rupees (QoQ); estimated at 7.35 billion. Q1 revenue was 116.6 billion rupees compared to 139 billion (QoQ). Q1 EBITDA was 11.81 billion rupees compared to 9.43 billion rupees (QoQ); estimated at 11.18 billion. Q1 EBITDA margin was 10.13% compared to 6.8% (QoQ); estimated at 8.7%.

💥Adani Enterprises: The Adani Group is in talks to raise $1.8 billion from India bond sales, according to ET Now, citing sources.

💥VST Industries: The company opted to settle its West Bengal entry tax dispute by paying 57.5 million rupees, which is 50% of the disputed tax amount.

GAIL: The company expects to tie-up 7-8 million tons of new LNG term supplies by 2030. They are also mulling monetizing city gas assets. The company mentioned that the current FY capex is likely to be 90-100 billion rupees.

💥Power Grid Corp: Q1 consolidated net profit was 35.97 billion rupees compared to 38.01 billion rupees (YoY). Q1 revenue was 110.5 billion rupees compared to 109 billion rupees (YoY). Q1 EBITDA was 96.83 billion rupees compared to 92.49 billion rupees (YoY). Q1 EBITDA margin was 87.64% compared to 84.81% (YoY). The company recommended the issue of bonus shares in the ratio of 1:3.

💥Lupin: The company announces a voluntary recall of two lots of the pregnancy prevention drug Tydemy in the US