Trading Tweaks

Record Date Interim Dividend: Easy Trip Planners, Zuari Global

Record Date Bonus Issue: Waa Solar

Price Band Revised From 20% To 10%: Alkyl Amines Chemicals, Gulshan Polyols, Vimta Labs

Move Into ASM Framework: Digispice Technologies, Kanoria Chemicals & Industries, Dynemic Products, Kajaria Ceramics, Mahindra Lifespace Developers, TIPS Industries

Move Into Short-Term ASM Framework:Hikal, Aarti Surfactants, AstraZeneca Pharma India

Move Out Of Short-Term ASM Framework: Vidhi Specialty Food Ingredients, Bliss GVS Pharma

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Money Market Update

The rupee ended at 74.66 against the U.S. Dollar on Tuesday as compared to Monday's closing of 74.73.

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*SGX Nifty -20 pts (14625) from last trade 14645 ,*


Nikkei +54 pts ,
Hangseng +50 pts ,
Now @6.54am .


Dow +3.36 pts ,Nsdq -48.56 pts, S&P

-0.90 pts, Bovespa -1206 pts , Ftse -18 pts , Dax -47 pts , Cac -1 pts , Crude @ $63.07 brl (+0.12), Brent @ $66.42 brl (+0.00) , Gold @ 1775.90 (-2.90), Silver @ $26.295 (-0.11), Euro @ $1.2087, JPY @ $108.76, INR @ 74.585




*Today's Corporate Action*

*28th Apr Ex Date*



None






*Today's Key Results/Board Meetings*

*28-Apr-21*



BAJAJFINSV

Audited Results;Dividend

BIOCON

Audited Results;Final Dividend;General

CARBORUNIV

Audited Results;Final Dividend

CHENNPETRO

Audited Results;Dividend

GHCL

Final Dividend;General;Audited Results

MAHLIFE

Audited Results;Final Dividend;General

MAHSCOOTER

Audited Results;Dividend

NELCO

Audited Results;Dividend

SHREDIGCEM

Audited Results;General;Quarterly Results

SIS

Audited Results

SUNCLAYLTD

Audited Results





*Stock under F&O ban on NSE*

*28-Apr-21*


1SAIL

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Advise to buy *Religare* from 6-12 months perspective
A potential 2x candidate
Insurance business doing extremely well
Burmans will likely take mgmt control and stock can be in bull orbit
Remember Eveready suggested at 40-45 before Burmans bought stake went to 350 in 7-8 months (800% returns)
BUY *RELIGARE*

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Spectacular Q4 of Sportking proves that cotton yarn industry doing extremely well and Q4 results of other cotton yarn companies too will be best ever. Hence advise to buy immediately

Nahar Spinning
Nahar ind Enterprise
DCM Nouvelle
Precot Ltd
Loyal Textile
Deepak Spinner
Suryalata Spinning
All these stocks can be back to back UC after Q4

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Q4FY21 on 30th: Buy now
Can be UC after Q4FY21 ( like Sportking)

MARALOVER: Order book full upto July

HEG group co available@ 1xFY22Eebidta

Maral Overseas Ltd: 2.05xFY22EEPS
TP: ₹75
🎯Mcap 125 Cr and FY22E Ebidta 125 Cr

✈️MARAL Overseas-Best Q3FY21

Ebidta 24.78 Cr Vs 8.55 Cr YoY Vs 12.55Cr QoQ

PBT 14.22Cr Vs 1Cr Loss YoY Vs 3.73 Cr QoQ

🌈Average realisation in Q4FY21 is estimated to be 12% higher Vs Q3FY21. Hence, Q4FY21E Ebidta 32+ Cr

✅Maral Overseas has started work to double Garment capacity. Global brands like Gap, Mark Spencer are its clients

Promoters( HEG group): 74.95%
Public: 25.05%

Rationale to Buy-

# Fully integrated textile Mill (fibre-yarn-fabric-Garment)
#Captive power plant
# HEG group co
# Trading@ 2.05xFY22EEPS
# mcap 125 Cr Vs 800 Cr sales

Financials (in Cr)
           *Q2-21*  Q1-21  FY20
Rev. *169.10* 67.22 675.95
NP *3.71*  (14.89) (15.28)
EPS *0.89*     (2.13)   (3.69)

✈️Due to spurt in cotton yarn products, FY22E revenue as ₹790 crores and Net Profit as ₹56 crores.
FY22EEPS Rs 14

⭐ Maral is *LNJ Bhilwara Group* company
 
⭐ Maral is one of the India’s largest vertically integrated manufacturing company producing yarns, knitted fabrics and knitted garments.
 
⭐ It is producing 100% cotton combed yarn in different count range. Its focus is on sourcing the best quality of raw material from India/abroad.
 
⭐ Taking advantage of in-house spinning and fabric production, Maral is in a unique position to offer quick turnaround times with highest control on product quality.
 
⭐ Supported by its own captive power units (10MW each), the Maral Sarovar plant is ideally located in Central India's cotton heartland 500 km from Mumbai and 90 km from Indore, and its garment factories in NOIDA near Delhi.

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

RAIN industries

Even at cost of repitition, advise not to sell single share of Rain even if price goes down when mkt is down.
Be investor, not trader. Buy Buy Rain Industries. Most most likely stock will cross 400 in 2022. Investors may remember we advised to buy Thejo at 430 hardly 6-8 months back and gave TP 2000 in 2 years. Thejo is already 2200. Denofwealth Promoter is a small businessman as well and hence best placed to visualise prospects of a particular business ( company)
Last time we recommended Rain at 37-45 levels and we advised to exit at 350-400 although it touched 470

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

IEX Q4 results deferred as Statutory Auditors Audit Partner is diagnosed with Covid-19.
New date for results will be updated.

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Neuland:

Piramal Pharma Ltd, a subsidiary of the company, has entered into an agreement to acquire a 100 per cent stake in Hemmo Pharmaceuticals for an upfront consideration of Rs 775 crore and earn-outs linked to the achievement of milestones. Hemmo FY2020 turnover was 85 crore i.e. Price to sales of 9.1x

This acquisition marks PPL's contract development and manufacturing organisation Piramal Pharma Solutions' (PPS') foray into the development and manufacturing of peptide APIs (Active Pharmaceutical Ingredient), a capability that complements PPS' existing service offering, Piramal Pharma said in a statement.

As of 28 April 2021, Neuland Mcap is 3130 cr and FY 2020 turnover was 763 cr i.e. Price to sales of 4.1x

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Steel prices may take 2 yrs to cool down as demand increases: JSPL MD*
✅With trend in steel industry, _*Sarda Energy is our Top pick. Won't be surprised if stock is 1500 in 2 years*_
 Steel prices might take at least two years to cool down as its demand is consistently increasing, a top industry excecutive said.

During the current financial year, the demand for steel in India is also expected to exceed the production numbers, Jindal Steel and Power Ltd (JSPL) Managing Director V R Sharma told PTI.

While the demand in the financial year 2021-22 will be in the range of 140-150 million tonnes (MT), the country's production is expected to be somewhere around 125 MT, he said.

When asked about an estimated time for the steel prices to cool down, he said, "It (prices) will take around two years (to ease), because of the demand."

While hot-rolled coil (HRC) in India is trading at around Rs 58,000 per tonne in April, the international steel prices are hovering around USD 735-740 per tonne since April 1, 2021.
Both domestic as well as international prices are 50 per cent higher compared to a year-ago period.

He also said most of the countries, including India, have announced stimulus packages. Because of this, the consumption has increased; and until the stimulus packages are exhausted, these prices will not come down.

On steel demand, Sharma said in the calender year 2020, the entire world has seen a slump except for China which recorded a growth of 6-7 per cent.

While, the Indian steel industry recorded a negative growth of 10 per cent at 99 million tonne (MT).
"The all-India data is yet to come. But, in my view, from April 1, 2020 to March 31, 2021, we are at a level of minus 4 per cent...we have made around 104 MT of steel against expectations of 112 MT. However, these are the rough observations," he said.

In the current financial year 2021-22, the demand for steel will remain high. This year, domestic demand will be at 140-150 MT, while the production is expected to be somewhere around 125 MT.

"This year, that should be the highest production ever. The demand for steel will be more than the production of steel for sure," he said.

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

GM jsk stock in news jspl,Atul,axisbk,tvsmot,infoedge,lntfin,chola fin,bajajfin,powergrid,BEML,biocon,drl, sunpharma,cipla. Nifty range 14480-14750.

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

SPORTKING Q4: Surpasses all expectations
TP : ₹ 1500/2000
_No other yarn co has ever reported such high quarterly EPS_

Q4FY21:
Revenue at 423cr vs 351cr _(+21% QoQ)_ vs 324cr _(+31% YoY)_

PAT at 44cr vs 30cr (+47% QoQ)vs 1cr (+4300% YoY)

_*EPS at ₹125 vs ₹85 (+47% QoQ) vs 3.5 (+4300% YoY)*_

🎯Q4 NP after one-time write-off 21 Cr. Adj PAT becomes 59 Cr

FY2021
Revenue at 1306cr vs 1356cr _(-4% YoY)_
PAT at 84cr vs 12cr (+580% YoY)
EPS at ₹ 238 vs ₹ 35 (+580% YoY)

FY22EEPS ₹ 400+

Sportking is tdg only 2.75xFY22EEPS

Bonus/Stock Split possible

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

🎯35% spurt in CTP Price ⏩ Capacity 1.1 million tonnes

🎯30% Rise in CPC prices ⏩ Capacity 2.1 million Tonnes

🌈Debt can reduce by more than 40% in CY21, CY22

✅Rain Ind Almost Sureshot Multibagger:TP 450

Q1CY21 on 29th. BUY NOW

TP subject to broader mkt conditions

https://m.economictimes.com/markets/stocks/news/rain-industries-on-a-tear-as-aluminium-prices-stay-firm/articleshow/82264015.cms

Nippon Life India Asset Management Limited

Highest investor folios in Industry - approx. 42% Market Share of ETF folios

Highest-ever Profit after Tax at INR 6.8 billion - an increase of 64%

Highest-ever dividend of Rs. 8 per share
*76% of FY21 earnings shared with shareholders*

Approx. 72% market share in ETF volumes on the NSE and BSE in Q4 FY21

Added approx. 1.4 million in FY21 vs. 97,600 in FY20 (incl. 974,000 ETF folios in Q4)

3 out of 10 unique investors in the Industry invest with NIMF

66% of the Individual assets have a vintage of more than 12 months (Mar 31, 2021)

In May 2020, Board decided that all NIMF’s schemes* will make
fresh investments only in AA & above rated issuers...
*Share of ‘Sovereign / AAA / A1+ / AA+ / upto AA instruments and cash’ rose to 98.2%*
*Proportion of ‘sub-AA / unrated instruments’ reduced from 8.2% to 1.8%*

Continued cost efficiencies contributed to lower operating expenses

https://www.bseindia.com/xml-data/corpfiling/AttachLive/1c6ccf09-c91f-4291-8659-b6564197bbaf.pdf

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Iron ore hits record on China demand - https://on.ft.com/2QBXaFF via @FT

Tuesday Rollover (NB Research)

Nifty Highlights:

The Nifty Apr expiry rollover is at 37.84% on Tuesday compared to 53.34% on same day of previous expiry.

The Banknifty Apr expiry rollover is at 29.16% on Tuesday compared to 66.96% on same day of previous expiry.

The Market wide Apr expiry rollover is at 54.27% on Tuesday as compared to 50% on same day of previous expiry.

The Nifty Apr rollover is lower than its Three months average of 42.09% and its six months average of 40.88%.

The Banknifty Apr rollover is lower than its Three months average of 45.39% and its six months average of 41.9%.

The market wide rollover is higher than with its three months average of 52.04% and six months average of 53.6%.

Sector Highlights:

Telecom, Metals, Realty, Automobile and Pharma sectors witnessed higher rollovers compared to same day of previous expiry.

Infrastructure, Chemicals, Textile, Power and FMCG sectors witnessed lower rollovers compared to same day of previous expiry.

Highest rollover in current expiry: Cement, Realty, Pharma, Metals and Telecom.

Lowest rollover in current expiry: Infrastructure, Textile, Oil_Gas, FMCG and Finance.

Stock Highlights:

IDEA, LTI, SAIL, VEDL and PFIZER saw higher rollovers compared to same day of previous expiry.

TATACONSUM, SUNTV, GMRINFRA, IBULHSGFIN and GAIL saw lower rollovers compared to same day of previous expiry.

Higher percentage rollover in current expiry: ADANIPORTS, SUNPHARMA, LT, GRASIM and PFIZER.

Lower percentage rollover in current expiry: TATACONSUM, SUNTV, IBULHSGFIN, GMRINFRA and GAIL.

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Global Ethanol prices have tripled from the lows of March 2020 to reach a 6 year high

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Good Morning*
• Australia, India, Japan Launch Supply Chain Alliance
• Soaring Oxygen Demand Makes Indian Tycoon Cut JSW Steel Output
• Axis Bank Profit Tops Estimate as Bad Loan Provisions Fall
• Bajaj Finance’s Net Income Meets Estimates on Lower Expenses
• India Top Carmaker Maruti’s Profit Narrows as Covid Hits Demand
• Philippines to Ban Travelers From India, Duterte Spokesman Says
• Global Funds Sell Net INR14.55B of India Stocks on Wednesday: NSE
o Domestic funds buy net 14.6b rupees of stocks
• Foreign Investors Sell Net INR10.55B of India Equities on April 26
• Foreigners Buy Net INR29.04B of India Equity Derivatives Tuesday
• ADB provides $1.5b to India to deal with Covid-19: PTI
• Army Chief Gen Naravane visits eastern Ladakh and Siachen: PTI
• ABB India (ABB): 1Q net income 1.41b rupees vs. 646.4m rupees y/y, beats est. 933m
• Axis Bank (AXSB): 4Q net income 26.8b rupees vs. loss 13.9b y/y, beats est. 19.1b; Provisions 32.9b; Gross NPA 3.7% vs. 3.44% q/q
• Bajaj Finance (BAF): 4Q net income 13.5b rupees Vs. 9.48b Y/y
• Bank of India (BOI): Board meet on April 30 to discuss capital raising plans
• Britannia Industries (BRIT): 4Q net income -3% y/y to 3.64b rupees, misses est. 4.17b
• HDFC AMC (HDFCAMC): 4Q net income +26% y/y to 3.16b rupees, misses est. 3.53b
• Info Edge (INFOE): To SellUp to INR7.5B Stake in Zomato’s Planned IPO
• Lupin (LPC): Ligand, Lupin Settle Patent Suit on Evomela Cancer Drug
• Nippon Life India (NAM): 4Q net income 1.67b rupees, est. 1.57b
• PNB Housing (PNBHOUSI): 4Q net income 1.3b rupees vs loss 2.63b rupees y/y
• Syngene (SYNG): 4Q net income 1.61 billion rupees, +34% y/y, estimate 1.21 billion; 350 million rupees exceptional gain
• TVS Motor (TVSL): 4Q net income 2.89b rupees vs. 738.7m rupees y/y, beats est. 2.21b
• United Breweries (UBBL): 4Q net income 967.6m rupees vs. 411.9m y/y, misses est. 1.39b

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*