Telecom Subscribers Data (Jan 2025)
• Airtel Added 16.53 Lakh Users
• Jio Added 6.86 Lakh Users
• VI Lost 13.38 Lakh Users
• BSNL Lost 3.69 Lakh Users
VI and BSNL Loosing Lakhs of Customers
• Airtel Added 16.53 Lakh Users
• Jio Added 6.86 Lakh Users
• VI Lost 13.38 Lakh Users
• BSNL Lost 3.69 Lakh Users
VI and BSNL Loosing Lakhs of Customers
NSE vs BSE
Price: 1590 | 6300
Mcap: 3.9L Cr | 85k Cr
PE: 48 | 91
PB: 16.7 | 24
PS: 24 | 30
ROE: 35% | 20%
OPM: 80% | 55%
NPM: 60% | 40%
PEG: 4 | 5.5
Expected growth: 12% | 17%
Dividend yield: 1% | 0.25%
Price in 2 years: 3X | 10X
Price in 5 years: 10X | 30X
Market share: 90%+ | <10%
Derivatives share: 75% | 25%
BSE is extremely overvalued when compared to NSE
Forwarded #
Price: 1590 | 6300
Mcap: 3.9L Cr | 85k Cr
PE: 48 | 91
PB: 16.7 | 24
PS: 24 | 30
ROE: 35% | 20%
OPM: 80% | 55%
NPM: 60% | 40%
PEG: 4 | 5.5
Expected growth: 12% | 17%
Dividend yield: 1% | 0.25%
Price in 2 years: 3X | 10X
Price in 5 years: 10X | 30X
Market share: 90%+ | <10%
Derivatives share: 75% | 25%
BSE is extremely overvalued when compared to NSE
Forwarded #
👉👉GUJARAT ALKALIES & CHEMICALS LIMITED (GACL)
Compay had vide their aforesaid letters, informed the Stock Exchanges about establishment of 30,000 TPA Chlorotoluene Plant at Dahej with an estimated project cost of Rs. 350 Crores and updates thereof
👉👉Company happy to inform that, the Company has dispatched first consignment of Benzyl Chloride on 21.04.2025 from the aforesaid Plant at Dahej👍🤝
Kindly be informed that there are three (3) products to be manufactured at the said plant viz Benzyl Chloride, Benzyl Alcohol and Benzaldehyde. Company currently in process of achieving the production of the rest two products viz. Benzyl Alcohol and Benzaldehyde, which are also planned to be made available to consumers in due course.
Compay had vide their aforesaid letters, informed the Stock Exchanges about establishment of 30,000 TPA Chlorotoluene Plant at Dahej with an estimated project cost of Rs. 350 Crores and updates thereof
👉👉Company happy to inform that, the Company has dispatched first consignment of Benzyl Chloride on 21.04.2025 from the aforesaid Plant at Dahej👍🤝
Kindly be informed that there are three (3) products to be manufactured at the said plant viz Benzyl Chloride, Benzyl Alcohol and Benzaldehyde. Company currently in process of achieving the production of the rest two products viz. Benzyl Alcohol and Benzaldehyde, which are also planned to be made available to consumers in due course.
Modi-Vance Meet
Both Sides Welcomed Efforts Towards Enhancing Cooperation In Energy, Defence, Strategic Technologies
The Two Leaders Exchange Views On Various Regional & Global Issues Of Mutual Interest
PM Modi Conveys Greetings To President Trump & Looks Forward To His Visit To India Later This Year
Both Sides Welcomed Efforts Towards Enhancing Cooperation In Energy, Defence, Strategic Technologies
The Two Leaders Exchange Views On Various Regional & Global Issues Of Mutual Interest
PM Modi Conveys Greetings To President Trump & Looks Forward To His Visit To India Later This Year
Gold creates history, hits Rs 1 lakh mark for the first time riding on dollar weakness - The Economic Times
https://m.economictimes.com/markets/commodities/news/gold-creates-history-hits-rs-1-lakh-mark-for-the-first-time-riding-on-dollar-weakness/articleshow/120488266.cms
https://m.economictimes.com/markets/commodities/news/gold-creates-history-hits-rs-1-lakh-mark-for-the-first-time-riding-on-dollar-weakness/articleshow/120488266.cms
The Economic Times
Gold creates history, hits Rs 1 lakh mark for the first time riding on dollar weakness
Gold prices soared to unprecedented levels on Monday, reaching Rs 1 lakh per 10 grams in the physical market after accounting for GST. The MCX June gold contracts also hit a record high of Rs 97,288 per 10 grams, marking a significant surge of over 2% in…
Its all happening in India
- US president Vance is in India for bilateral trade agreement talks
- Modi Ji and Elon Musk had a good call and Musk tweeted to visit India later this year
- Chinese companies are looking to invest in India: Chinese giants like Haier, Shanghai Highly agree to minority stakes under Indian FDI norms
- After 14 rounds of discussions since Jan 2022, FTA talks with UK on the verge of conclusion, with no additional full round of talks expected
- Fund flows strong in India: FIIs invest ~Rs 15000 crore in the cash market in last 3 trading session
- The dollar Index has continued its decline and is now at a fresh 4-year low near 98: good for EMs
- US president Vance is in India for bilateral trade agreement talks
- Modi Ji and Elon Musk had a good call and Musk tweeted to visit India later this year
- Chinese companies are looking to invest in India: Chinese giants like Haier, Shanghai Highly agree to minority stakes under Indian FDI norms
- After 14 rounds of discussions since Jan 2022, FTA talks with UK on the verge of conclusion, with no additional full round of talks expected
- Fund flows strong in India: FIIs invest ~Rs 15000 crore in the cash market in last 3 trading session
- The dollar Index has continued its decline and is now at a fresh 4-year low near 98: good for EMs
Nifty Earnings To Watch
HCLTech
Other Earnings To Watch
Tata Communications Waaree Energies
Mahindra & Mahindra Financial Services
AU Small Finance Bank Havells India
Cyient DLM
Delta Corp
Huhtamaki India.
HCLTech
Other Earnings To Watch
Tata Communications Waaree Energies
Mahindra & Mahindra Financial Services
AU Small Finance Bank Havells India
Cyient DLM
Delta Corp
Huhtamaki India.
Mahindra Logistics Q4 FY25 (Consolidated, YoY)
Revenue up 8.2% at Rs 1,570 crore versus Rs 1,451 crore
Ebitda up 37.3% at Rs 77.7 crore versus Rs 56.6 crore
Margin at 5% versus 3.9%
Net loss Of Rs 6.7 crore versus loss of Rs 12.9 crore Supply Chain
Management grew by 8.6% to 1,490 cr vs 1,372 cr
Enterprise Mobility Solutions remain flat at 80 cr vs 81 cr
Revenue growth is driven by growth in 3PL contract logistics and Express.
The B2B express saw volume recovery Q4, Cross-border continues to see volatility in pricing.
Appointed Hemant Sikka as MD and CEO.
Revenue up 8.2% at Rs 1,570 crore versus Rs 1,451 crore
Ebitda up 37.3% at Rs 77.7 crore versus Rs 56.6 crore
Margin at 5% versus 3.9%
Net loss Of Rs 6.7 crore versus loss of Rs 12.9 crore Supply Chain
Management grew by 8.6% to 1,490 cr vs 1,372 cr
Enterprise Mobility Solutions remain flat at 80 cr vs 81 cr
Revenue growth is driven by growth in 3PL contract logistics and Express.
The B2B express saw volume recovery Q4, Cross-border continues to see volatility in pricing.
Appointed Hemant Sikka as MD and CEO.
Tata Investment Q4 FY25 (Consolidated, YoY)
Net Profit down 37.6% at Rs 37.7 crore versus Rs 60.5 crore.
Total Income down 71% at Rs 16.6 crore versus Rs 57.5 crore.
Net Profit down 37.6% at Rs 37.7 crore versus Rs 60.5 crore.
Total Income down 71% at Rs 16.6 crore versus Rs 57.5 crore.
Himadri Speciality Q4 FY25 (Consolidated, YoY)
Revenue down 3.6% at Rs 1,135 crore versus Rs 1,177 crore.
Ebitda up 30% at Rs 233 crore versus Rs 180 crore.
Margin at 20.6% versus 15.3%.
Net Profit up 35% at Rs 156 crore versus Rs 115 crore.
Revenue down 3.6% at Rs 1,135 crore versus Rs 1,177 crore.
Ebitda up 30% at Rs 233 crore versus Rs 180 crore.
Margin at 20.6% versus 15.3%.
Net Profit up 35% at Rs 156 crore versus Rs 115 crore.
Anant Raj Q4 FY25 (Consolidated, YoY)
Revenue up 22.2% at Rs 541 crore versus Rs 443 crore.
Ebitda up 36.4% at Rs 142 crore versus Rs 104 crore.
Margin at 26.3% versus 23.6%.
Net Profit up 51.5% at Rs 119 core versus Rs 78 crore.
Revenue up 22.2% at Rs 541 crore versus Rs 443 crore.
Ebitda up 36.4% at Rs 142 crore versus Rs 104 crore.
Margin at 26.3% versus 23.6%.
Net Profit up 51.5% at Rs 119 core versus Rs 78 crore.
Steel Stocks like SAIL, JSW Steel, Tata Steel, JSPL:
The government imposed a 12% safeguard duty on some steel imports from developed economies, China and Vietnam. The duty is applicable for 200 days to protect Indian players from cheap Chinese steel imports.
The government imposed a 12% safeguard duty on some steel imports from developed economies, China and Vietnam. The duty is applicable for 200 days to protect Indian players from cheap Chinese steel imports.
One 97 Communications: The company's arm Paytm Money introduced reduced interest rates and revised brokerage for pay later to drive affordability and accessibility for investors.
Nippon Life India AMC
The company fully restored core operating systems for management of funds. The company's mobile application and website are now fully functional and operating normally. There was no material impact on the operations.
The company fully restored core operating systems for management of funds. The company's mobile application and website are now fully functional and operating normally. There was no material impact on the operations.
Hindustan Unilever: The company completed the acquisition of 90.5% stake in skincare brand Minimalist's parent company Uprising Science for Rs 2,706 crore.
Brokerage Radar
Morgan Stanley on Steel
India imposes safeguard duty on select steel imports
While expected, the timing was uncertain, especially given the current global macroeconomic backdrop
The move removes several months of uncertainty around the safeguard duty
Some near-term positive stock movement may occur
Recommend using this opportunity to reduce exposure to steel stocks
Domestic steel prices remain about 5% above import parity despite the safeguard duty
Do not expect an increase in domestic steel prices
Morgan Stanley on Steel
India imposes safeguard duty on select steel imports
While expected, the timing was uncertain, especially given the current global macroeconomic backdrop
The move removes several months of uncertainty around the safeguard duty
Some near-term positive stock movement may occur
Recommend using this opportunity to reduce exposure to steel stocks
Domestic steel prices remain about 5% above import parity despite the safeguard duty
Do not expect an increase in domestic steel prices
CLSA on Financials
Liquidity support strengthened further
New LCR guidelines are positive for system liquidity
RBI raises run-off rates for deposits
The increase stands at 2.5 percentage points, lower than the 5 points proposed in the draft RBI estimates a 6 percentage point improvement in system-wide LCR
Initial assessment suggests additional Rs 2.5 lakh crore in system-wide liquidity for redeployment
Profit impact is limited, but sentiment likely to improve
Liquidity support strengthened further
New LCR guidelines are positive for system liquidity
RBI raises run-off rates for deposits
The increase stands at 2.5 percentage points, lower than the 5 points proposed in the draft RBI estimates a 6 percentage point improvement in system-wide LCR
Initial assessment suggests additional Rs 2.5 lakh crore in system-wide liquidity for redeployment
Profit impact is limited, but sentiment likely to improve
BofA on Divis Lab
Maintain Buy with a target price of Rs 6,800
Signs a second long-term deal with global innovators
Visibility on custom synthesis growth is improving
Recommend Buy on DIVI amid strengthening earnings momentum
Maintain Buy with a target price of Rs 6,800
Signs a second long-term deal with global innovators
Visibility on custom synthesis growth is improving
Recommend Buy on DIVI amid strengthening earnings momentum
AnantRaj
#AnantRaj
Another great quarter of execution
Solid YoY uptick
Decent QoQ growth
Backed by solid OCF
Rev at 541cr vs 442cr
Q3 at 534cr
PBT at 141cr vs 98cr⏫42% YoY
Q3 at 132cr
PAT at 119cr vs 84cr⏫44%
Q3 at 110cr
OCF at 97cr vs -25cr
#AnantRaj
Another great quarter of execution
Solid YoY uptick
Decent QoQ growth
Backed by solid OCF
Rev at 541cr vs 442cr
Q3 at 534cr
PBT at 141cr vs 98cr⏫42% YoY
Q3 at 132cr
PAT at 119cr vs 84cr⏫44%
Q3 at 110cr
OCF at 97cr vs -25cr