18. Helping the nation in fight against COVID-19, *the Indian Air Force (IAF) carried out 23 sorties from abroad, airlifting 40 oxygen containers,* informed Union Defence Minister, Rajnath Singh.

19. *The Indian Navy has launched Operation Samudra Setu-II* to help in providing assistance in the ongoing national mission for meeting the Oxygen requirements. Under this mission, the Indian Naval warships are going to be undertaking shipment of “liquid Oxygen filled cryogenic containers.

20. *'Co-Jeet' over Covid* : *This is a war, we need to win, says Deputy Chief Integrated Defence Staff* As the younger population of the nation becomes eligible for a vaccination against coronavirus today on Saturday, the armed forces have formulated a plan to aid the inoculation drive and anti-Covid efforts across the nation by providing health requirements of various states --transporting oxygen, ensuring nursing and medical assistance.

*✈INTERNATIONAL NEWS*

1. *Airlines add flights out of ravaged India to bring citizens home*
International and domestic airlines are adding flights out of India to bring home residents and citizens as the nation’s coronavirus outbreak goes from bad to worse. Air India Ltd. plans to increase its weekly frequency of flights to the U.S. to 32 starting May 11.

2. *India extends internation flight suspension till May 31*
Amidst rising COVID-19 cases in India, the country extended the suspension on international commercial flight operations till May 31, 2021. “In partial modification of circular dated 26-06-2020, the competent authority has further extended.

3. US President Joe Biden is sending top American diplomat Daniel Smith as its interim envoy to India amidst the unfolding humanitarian crisis in the country to spearhead close cooperation with it and ensure the two nations continue to advance their shared priorities, including overcoming the Covid-19 pandemic.

4. *Need "Full And Sincere" Disengagement: India To China On Border Issues* India has asked China to ensure "full and sincere" implementation of an agreement between the two nations for complete disengagement from all friction points in eastern Ladakh.

5. *As the second Covid wave ravages the country, the soldiers are sitting tight in Ladakh while monitoring Chinese activity through physical means* besides drones and satellite imagery even as various infrastructure development activities are on to cater to enhanced troop levels and future exigencies.

6. *U.S. okays proposed sale of six P-8I patrol aircraft to India*
The U.S. State Department approved the proposed sale of six P-8I patrol aircraft and related equipment, a deal estimated to cost $2.42 billion. In November 2019, the Defence Acquisition Council, chaired by Defence Minister Rajnath Singh, approved the procurement of the long-range maritime.

7. *The Prime Minister Narendra Modi and the Russian President Vladimir Putin recently agreed to establish “2+2 Ministerial Dialogue* ”. The “2+2 Ministerial” dialogue is held between the defence ministers and foreign ministers.

8. *The countries had earlier set a trade target of reaching 30 billion USD of trade by 2025.* The dialogue will help them achieve the target. Previously, the countries agreed to establish the International North-South Transport Corridor, cooperation at the Eurasian Economic Union and Chennai-Vladivostok Maritime Corridor. The Astronauts shortlisted for the Human Space Flight Programme of India were trained by Russia. The Nuclear Power Plant that is being built in Kudankulam in Tamil Nadu is built with Russian Cooperation. India recently approved Russia’s Sputnik V. It is the third vaccine to be approved in the country after COVAXIN and COVISHIELD.

9. India holds similar dialogues with US, Australia and Japan.
Russia is the first non-QUAD member with which India is to hold the dialogue. In 2021, President Vladimir Putin is to visit India to hold the India-Russia bilateral summit. The summit is alternatively held in India and Russia.

10. Israelis will not be allowed to travel to Ukraine, Brazil, Ethiopia, South Africa, India, Mexico and Turkey.

11. *Colonel Inderjit Singh has been promoted to a Brigadier General, making him the senior most ranking serving Sikh in the Malaysian armed forces.* On 16 April, he took over as the commandant of the Army Senior Officers Institute based in Port Dickson, Negeri Sembilan. The one-star general is the only serving Sikh general in the Malaysian armed forces at this juncture. He is also the fifth Sikh to make it as general in the history of the Malaysian Armed Forces.

*🌎WORLD NEWS🌍*

1. *The final phase of ending America’s “forever war” in Afghanistan after 20 years formally began Saturday,* with the withdrawal of the last US and NATO troops by the end of summer.

2. *International community raises concern over China's coast guard law,* calling it verbal threat
International public opinion has raised concern over the oppressive Coast Guard Law of China, saying that Beijing uses the law to legalise its coast guard force's use of violence to serve the country's unilateral sovereignty claim in the East Sea (also known as the South China Sea).

3. *United States top diplomat Antony Blinken to visit Ukraine next week* .

4. *Myanmar & China’s non-war military activities* : Since February 1, the attention of the world is drawn particularly to two countries, firstly to Myanmar due to the coup d’état and then to its ally China because of its close involvement in that nation through non-war military activities for a long period of time.

5. *Joe Biden’s 100 Days: Key Foreign Policy* Challenges and Initiatives
Considerable significance is attached to the anniversary marking the first hundred days of any US administration. At this juncture, the Biden administration has undertaken a host of initiatives in the domain of US foreign policy despite facing numerous challenges on the domestic front exacerbated by the COVID pandemic.

6. *The United Kingdom is to cut its fund to the United Nations Global Family Planning Programme.* According to the UN Population Fund, the UK had pledged 154 million Euros. However, now UK is to provide only 23 million Euros.

7. *Russia recently produced the first batch of COVID-19 vaccines for animals. The name of the vaccine is Carnivac-Cov.*

8. *The Government of Germany recently announced that it is to return the artefacts called the “Benin Bronzes” to Nigeria* . The “Benin Bronzes” are currently held in the museum of Germany. They are a group of thousand metal sculptures. These sculptures once decorated the royal palace of Kingdom of Benin, the current Nigeria. Some of these sculptures were looted by the British during the Benin Expedition of 1897

*🚣🚴🏇🏁🏊Sports:*

1. *IPL Match 27* Saturday, 1st May 2021
MUMBAI INDIANS 219/6
Vs
CHENNAI SUPER KINGS 218/4
*Mumbai Indians won by 4 wickets*
Arun Jaitley Stadium, Delhi

2. *IPL : Match 28*
Sunday, 2nd May 2021

RAJASTHAN ROYALS
VS
SUNRISERS HYDERABAD

15:30 IST (10:00 GMT)
Arun Jaitley Stadium, Delhi

3. *Match 29*
PUNJAB KINGS
Vs
DELHI CAPITALS

19:30 IST (14:00 GMT)
Narendra Modi Stadium, Ahmedabad

*USD 74.69 💷GBP 102.37*
_In Kolkata (WB)_
*🥇Gold ₹48,150@10 gm 24 (Krt)*
🥈 *Silver ₹67,580@ Kg*
⛽ *Petrol ₹ 90.62*
⛽ *Diesel ₹ 83.61*

*LPG : ₹ 835.50 /14.2 Kg*

*BSE Sensex* 48,782.36
*NIFTY* 14, 631.10

*🇮🇳Facts about India🇮🇳*

Seven Sister States of India
Arunachal Pradesh.
Assam.
Manipur.
Meghalaya.
Mizoram.
Nagaland.
Tripura.

*😀Thought of the day*

B4 u speak listen,
B4 u write think,
B4 u spend earn,
B4 u criticise wait,
B4 u pray forgive,
B4 u quit try,

*Joke of the day*

Today, u know what happened in our colony!😄

My friend got too bored by sitting at home...😰

So, he went out n told the outside vegetable cart puller...

Thus, it’s customary to offer whatever is poisonous to Bhagwan Shiv. So the Hindus offer milk over shivling (Sanskrit for symbol of Shiv) during the month of Shravan as it is considered akin to a poison by the science of Ayurved.

Hinduism says “Feed to others only what you can eat for yourself (Which means, do not offer to others what you will never consume), always give the best to others and do welfare for all. Always take care of the poor and feed them the fresh and healthy food”-(From the Vedas).
Now if we feed the milk or green leafy vegetables, which is poison during the Shravan, then it’s a sin as it will cause them diseases.

🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)

*Corn* has several health benefits. Because of the high fiber content, it can aid with digestion. It also contains valuable B vitamins, which are important to your overall health. Corn also provides our bodies with essential minerals such as zinc, magnesium, copper, iron and manganese.

*Regards*

*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF & YOUR FAMILY SAFE🌼*


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

“Can you please sit in my house n watch TV for some time...?? I will take your vegetable cart for a couple of rounds and sell them for you...”

Vegetable cart puller said : 🤫

“ Sir, I am a software engineer from the next cross...The original vegetable vendor is sitting in my house n watching TV” 🤪😂😂

💁🏻‍♂️ *GK TODAY*

The World largest airplane built by Stratolaunch. top speed of 320 kilometre per hour. The plane can carry more than 220 tonnes of payload. The wingspan of the aircraft is 117 metres. This is greater than an American football field. *It has been named “Roc”.* Roc is an enormous bird usually addressed in the mythological stories of the Middle East. It is quite popular from “Sinbad, the Sailor”.

*Why ....* ⁉️

⁉ *Why are most famous (or wish fulfiling) temples situated on hills?*

We generally feel that that a temple near our house is a normal temple while that on a particular hill is a special temple

Scientific Reason :

Cosmic energy level is high on this altitude.
Aura (If you understand this term) at such altitudes is very positive.
Atmosphere is also much clean. People makes efforts to reach it with a positive thoughts.

*LEARN Sanskrit*🙏🏻

*कपोतः* - कबूतर
*अश्वः* - घोडा

🤔 *How it works* ⁉

*Making of Paintbrush* :The filament may be either of animal hair and is most often of long-haired hog bristle, often referred to simply as bristle. Other natural animal hairs used in American brushes include squirrel, goat, ox, badger, and horse-hair. The most expensive animal-hair brushes are hand-made of sable. Synthetic filament used in paintbrushes are produced by extrusion (in which liquid synthetic is pushed through a mold and thus formed) and may be acrylic, polyester, nylon or amalon which is a very inexpensive petroleum-based synthetic. Different synthetics perform better with different kinds of paint so a painter should know the filament material as he or she chooses brushes. Synthetic filament may be of three constructions: solid extrusion, "x-shaped," or hollow. Solid extrusion synthetic filament lasts the longest and cleans up the easiest. X-shaped filament gives good performance and is a bit cheaper than solid filament. The hollow filament wears out quickly and is difficult to clean but is quite inexpensive. Consumer-grade paintbrushes may be of hog bristle or synthetic filament; however, water-based paints, such as latex, perform better when synthetic filament is used

🛕 *VEDIC GYAN*

*Why do Hindus pour milk on Shivling during the month of Shravan?“*

Few people argue that
the amount of milk ‘wasted’ on such a day can feed thousands of poor instead. Why this ‘excess’ then?

Now having said that, let’s examine the beliefs and logic behind such act and how right or wrong it is to call anyone a fool for following the custom.

According to the science of Ayurveda, every person has 3 components in them:
1) Vata (Air)
2) Kafa (Cough) and
3) Pitta (Acids)

All three elements are necessary for smooth functioning of our body. However, when the proportion of these components goes out of natural balance, the body begins to suffer under various ailments.

During the month of Shravan, the Vata component of a person gets higher in proportion. During that period, a person must avoid food that increases the Vata component. For example, green leafy vegetable contain higher amounts of Vata in them. [Jains also have Paryushan during this time and avoid green vegetables]
Thus a person is asked to avoid them during the rainy season (especially Shravan month) to avoid the ailments caused due to excess of Vata.
During the rainy season, the cattle also eat lots of green grass, and hence their milk is high in Vata and, in modern times, is succeptible to viral infections. Hence, milk is considered harmful during the Shravan month. Thus Ayurved advices us against consuming milk during Shravan..In Sanatan Dharm, Bhagwan Shiv is known to consume the poison which came out during Samudra Manthan (Churning of the Oceans).

*TOWER TALK*

ICICI Bank’s Q4 zoomed 260% to Rs. 4402.61 cr. on the back of big rise in interest income and the bank declared a dividend of Rs. 2/ share. A good long-term investment.

Coal India remains a good investment bet as 57% of our electricity production is coal based. A good dividend yield is the icing on the cake. Add.

Mishra Dhatu Nigam has large orders from defence, space, atomic energy and aeronautics. With the rising allocations to this sector, this share is a good add.

Multiple positives and a reasonable valuation makes Alkem Laboratories an exciting investment. It has over 100 approvals on hand and many more in the pipeline.

Natco Pharma awaits approval for Molnupiravir capsules to treat Covid-19. Clinical trials show that it needs to be administered for 5 days only, which can be a big positive for the Company.

Biocon Biologics has received CHMP nod for Abevmy, a bio similar for the treatment of ovarian, colorectal, breast, lung, cervical and renal cancers. Its Q4 profits, too, surged 86% to Rs. 296 cr. Buy.

ABB, which is into power and automation business, posted 119% jump in Q1FY22 NP at Rs. 141 cr. on just 7% higher revenue of Rs. 1629.15 cr. Add.

Axis Bank’s excellent turnaround with Q4FY21 profit of Rs. 2677 cr. from a net loss of Rs. 1387.78 cr. in Q4FY20 qualifies for a round of fresh investment.

Considering the Covid surge, Britannia’s 3% dip in profit is fairly good. Retain this share as it may bounce back quickly.

Maruti Suzuki missed targets as Q4FY21 profit fell 9.7% to Rs. 1166 cr. The company is likely to bounce back soon. Do not sell.

M&M has roped in Uli Stuhec to steer its Electric Vehicles portfolio. The leadership talent is likely to continue. Add.

Bajaj Finance Q4 profit surged 42% due to lower borrowing costs and dividend of Rs. 10/share has been declared. The management feels good times may continue in FY22 too. Add.

SBI is likely to raise $ 2 bn (about Rs. 14,942 cr.) via bonds to support its growing business. Its next few quarters are likely to be good. Add.

PNB Housing has turned around with Q4FY21 profit of Rs. 130 cr. against a loss of Rs. 263 cr.in Q4FY20. It also plans to raise Rs. 5800 cr. for its growing business. Add.

TVS Motor’s excellent Q4 with an EPS of Rs.6.09 from Rs. 1.56 in Q4FY20 led to a dividend of 140%. A good long term investment bet.

GHCL’s Q4 profits rose 31% to Rs. 111 cr. on 10.2% rise in sales to Rs. 821 cr. The management is optimistic about the current year too. Add.

The big price rise in Titan Biotech may be a precursor of excellent results in the next few days. It may post an FY21 EPS of Rs. 40+ and its share price may rise another 35% in three months. Add.

Sahyadri Industries has nearly doubled in about 6 months after we recommended it. The share can rise further on Q4 results. Buy this debt-free Company for handsome gains.

As expected, Marico’s Q4 NP has risen 17% to Rs. 238 cr. on a revenue of Rs. 2012 cr. The share price has yet to catch up with bigger peers in the industry. Add.

Although SAIL’s share price has tripled in the last one year, it is a good investment bet considering that steel prices are rising along with the demand.

Laurus Labs posted FY21 EPS of Rs. 18.36 v/s Rs. 4.79 in FY20 makes it an excellent buy especially as the entire industry is faring well. Add.

GHCL has notched 35% higher Q3FY21 EPS of Rs 11.7 and FY21 EPS of Rs 34.2. It’s undergoing an expansion in soda ash and the proposed demerger of the textile and chemical biz is expected to fetch a decent gain of 30% in the medium term.

Prima Plastics, a competitor of Nilkamal Ltd., has notched 123% higher Q3 EPS of Rs 5.2 and 76% higher 9MFY21 EPS of Rs 10.5, which could lead to FY21 EPS of Rs 16 to Rs 20 in FY22. Buy for 50% gain.

Sree Rayalaseema Hypo Strength, manufacturer of chemicals, has posted 64% higher Q3 EPS of Rs 10 and 77% higher 9MFY21 EPS of Rs 27.4 m and may post FY21 EPS of Rs 40, which may rise to up to Rs 45 in FY22 due to the rising demand. The share can gain 30% as the investors have started accumulating this stock. Buy.

Chennai Petroleum Corporation has notched Q4FY21 EPS of Rs 16.3 and Rs 17.3 for FY21 due to higher refinery margins. The share is likely to touch Rs 140 in the short term.

Shakti Pumps, the pioneer of energy-efficient pumps and motors is a prestigious brand in domestic and overseas markets, has posted Q3 EPS of Rs 14.4, 9MFY21 Rs 24.5 is all set to notch FY21 EPS of Rs 42+ and Rs 60 in FY22. Shakti is the most preferred Solar Energy Brands. Buy for 30% appreciation.

Samkrg Pistons & Rings, which made a lifetime high of Rs 379 on 15 Jan 2018, exports 25% products to over 24 countries has notched Q3 EPS of Rs 7.6 and could post FY21 EPS of Rs 18 on the revival of the auto sector. The share may cross the Rs 200 mark. Buy.

Welspun Corp has sold its plates and coil mills division to JSW Steel for Rs 848.5 cr. and will sell its 43 MW power plant to Welspun Power for Rs 66.9 cr. Last month, it won a Rs 777 cr. order from the Middle East and may notch FY21 EPS of Rs 25. Shareholders can expect a hefty dividend. Buy.

IZMO Ltd., a world leader in interactive marketing solutions offering hi-tech automotive e-retailing solutions in North America, Europe, and Asia, has notched 36% higher Q3 EPS of Rs 6.3, 179% higher 9MFY21 EPS of Rs 16.5, which could take its FY21 EPS to Rs 23. The share may rise 100% in the medium to short term. Buy.

Bajaj Steel Industries, perhaps the only company in the world producing machinery for all cotton ginning technologies, has posted Q3 EPS of Rs 33.9 (FV Rs 5), 9MFY21 EPS of Rs 70, which could lead to FY21 EPS of Rs 100.The share is poised to touch Rs 750 at a P/E multiple of 7.5x.

Mangalam Cement, a BK Birla group co, has notched 200% higher Q3 net profit with an EPS of Rs 14, 9MFY21 EPS of Rs 27.2 and is expected to post FY21 EPS of Rs 40. A reasonable P/E of 10x can take its share price to Rs 400 in the medium term. Buy.

SP Apparels, a fully integrated manufacturer & exporter of knitted garments under the ‘Crocodile’ brand, has notched Q3 EPS of Rs 7.7, 9MFY21 EPS of Rs 15 and is expected to notch FY21 EPS of Rs 23. The share is likely to advance by 30% going forward. Add in the portfolio.

Cigniti Technologies serving 200+ industry active clients including 50 Fortune 500 customers across 13 countries with diversified verticals has posted Q3 EPS of Rs 9.5 and 9MFY21 EPS of Rs 29 is all set to garner FY21 EPS of Rs 42. Buy for 30% appreciation.

Dhunseri Ventures having several subsidiaries and joint ventures has chalked out 45,000 TPA polyester packaging plant for Rs 400 cr. Having posted 9MFY21 consolidated EPS of Rs 32.6, it is grossly underpriced as its sound financials will take its share price to dizzy heights.

UTI Assets Management has posted a 625% higher Q4 EPS of Rs 10.6 and 82% higher FY21 EPS of Rs 39. Having declared 170% dividend (Rs 17/share), the share is expected to gain 20% going forward.

Sugar is the next Steel according to market pundits. Magadh Sugar recommended two weeks back @ Rs.110 hit a high of Rs.172 on Friday.

JK Tyre has reduced its debt substantially and its rating has been upgraded. It is likely to come out with exceptionally good quarter with an EPS of Rs.10. The stock trades cheap at Rs.120 and can easily appreciate 50% from the current levels.

Tilaknagar Industries, manufacturer of Mansion House Brandy, has signed a long-term deal with global spirits giant Pernod Ricard to manufacture its product. A long term positive for the stock. Buy for multi-bagger gains.

NSE listed Sundaram Finance Holdings (Rs.74) is likely to apply to RBI for an NBFC licence. The stock trades cheap at a market cap of less than Rs. 2000 cr. and can give multi-bagger returns to a patient investor. Buy at every decline.

Themis Medicare is celebrating its Golden Jubilee and is likely to post FY21 EPS of Rs. 40. The stock is trading at an attractive P/Evaluation of just 9 and has the potential to rise 50% in the short term

Filatex recommended last week is up 20%

Dhampur Sugar recommended last week is up 25%

Copper hits $10,000 as global growth fuels the rally. Analysts expect it to rise further. Hindustan Copper will be the major beneficiary of high copper prices. Buy for a target of Rs. 250.

Force Motors, manufacturer of Tempo Traveller used as an ambulance has delivered record number during these tough times. It also manufactures car engines for Mercedes & BMW apart from tractors. Buy for a target of Rs. 1600.

The Baltic Freight Index at 2957 is at a 5-year high, rose 360% rise in 52 weeks and 116% up in just 4 months of 2021. Shipping Corporation will be the major beneficiary having hired professionals Capital Pvt. Ltd. for a road map for strategic disinvestment. Buy for target of Rs. 180

*An Ahmedabad based analyst recommends to buy Agar Ind, Fiberweb, FMGOETZE, Kanpur Plastipack, Pressman, PTL Enter, RDB Rasayan ,Total Transport (Traded Only NSE-Symbol Total)and Umang Dairies*


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

News- Berkshire Hathaway (BRK) earnings Q1 2021 cnbc.com/2021/05/01/ber…,ASHOK LEYLAND: APRIL TOTAL SALES 8340 UNITS VS 17,231 UNITS (MOM) EST: 10,100 UNITS,RT @ANI: "First batch of SputnikV vaccine arrives in #Hyderabad, India!


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Stocks in News*


*Mahindra Logistics Q4:* Profit at Rs 12.6 crore versus Rs 9.7 crore, Revenues at Rs 974.0 crore versus Rs 812.0 crore YoY (Positive)

*Ambuja Q4:* Profit at Rs 947.0 crore versus poll of Rs 730.0 crore, Revenues at Rs 7715.0 crore versus poll of Rs 6250.0 crore YoY (Positive)

*Exide Q4:* Profit at Rs 322.0 crore versus poll of Rs 220.0 crore, Revenues at Rs 456.0 crore versus Rs 347.0 crore YoY (Positive)

*Bajaj Holding Q4:* Profit at Rs 949.0 crore versus Rs 361.0 crore, Revenues at Rs 92.5 crore versus Rs 111.0 crore YoY. (Positive)

*Aptech Q4:* Profit at Rs 9.7 crore versus loss of Rs 7.3 crore, Revenues at Rs 29.5 crore versus Rs 29.5 crore YoY. (Positive)

*Tata Coffee:* Profit at Rs 43.0 crore versus Rs 9.9 crore, Revenues at Rs 591.0 crore versus Rs 517.0 crore YoY. (Positive)

*MOSL Q4:* Profit at Rs 448.0 crore versus loss Rs 254.0 crore, Revenues at Rs 1141.0 crore versus Rs 611.0 crore YoY. (Positive)

*Jay Bharat Maruti Q4:* Profit at Rs 20.2 crore versus Rs 9.8 crore, Revenues at Rs 541.0 crore versus Rs 402.0 crore YoY. (Positive)

*Persistent Q4:* Profit at Rs 137.7 crore versus poll of Rs 124.5 crore, Revenues at Rs 1113.0 crore versus poll of Rs 1108.0 crore YoY. (Positive)

*Shriram trans:* Company restructured loans worth Rs 590 Crores Cash Balance at Rs 11050 Crores Vs 3800 Crores QoQ. (Positive)

*Route Mobile:* Company to acquire Phonon communication (Positive)

*Wipro:* Company partnered with HP for remote working stations (Positive)

*Wipro:* Company changed revenue guidance at 8 to 10 percent to $232 cr to $236 cr (Positive)

*Dr. Reddy's* announces the launch of Albendazole Tablets, USP in the U.S. Market. (Positive)

*Surya Rosni:* ICRA Ratings has reaffirmed Credit Rating to ICRA A1+(CE) for Rs. 200 crore SBLC backed CP Program. (Positive)

*Jindal Drill:* Long Term Rating CRISIL A-/Stable (Outlook revised from 'Negative' and rating reaffirmed) (Positive)

*Purvankara:* ICRA has maintained the previous rating and outlook has been improved to Positive from Stable (Positive)

*IDFFC LTD*: PLUTUS WEALTH MANAGEMENT Bought 1 Crore Shares In Trade (Positive)

*Titan Q4:* Profit at Rs 530.0 crore versus poll of Rs 525.0 crore, Revenues at Rs 7135.0 crore versus poll of Rs 7018.0 crore (Neutral)

*Cigniti Tech Q4:* Profit at Rs 24.7 crore versus Rs 29.0 crore, Revenues at Rs 233.0 crore versus Rs 233.0 crore YoY (Neutral)

*Equitas Small Bank Q4:* Profit at Rs 113.0 crore versus Rs 43.0 crore, NII at Rs 449.0 crore versus Rs 424.0 crore YoY (Neutral)

*AU Small Finance Bank*: The bank reported a higher profit at Rs 168.97 crore against Rs 122.32 crore in Q4FY20, net interest income rose to Rs 655.83 crore from Rs 554.94 crore YoY (Neutral)

*Zensar Technologies:* Net profit in Q4FY21 rose 27.6 percent to Rs 90.5 crore from Rs 70.9 crore while revenue fell 10.2 percent to Rs 876.7 crore from Rs 976.3 crore, YoY. (Neutral)

*L&T FH Q4:* Profit at Rs 267 crore versus Rs 386 crore, Revenues at Rs 3224.0 crore versus Rs 3280.0 crore YoY. (Negative)

*Coromandel Q4:* Profit at Rs 156.0 crore versus Rs 234.0 crore, Revenues at Rs 2856.0 crore versus Rs 2869.0 crore YoY. (Negative)

*Music Broadcast:* HDFC STANDARD LIFE Sold 22.44 Lakh Shares (Negative)

*Mm Forging*: KUWAIT INVESTMENT AUTHORITY FUND Sold 1.37 Lakh Shares. (Negative)

*Escorts:* The company will be temporarily shutting down its manufacturing operations, on a selective basis, between 1st May 2021 and 3rd May 2021. (Negative)

*Ujjivan Financial:* The company’s minority shareholders have rejected a special resolution to appoint founder and chairman Samit Ghosh as managing director and chief executive officer (Negative)


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Escorts total sales at 6979 units vs 12,337 units (MoM)

M&M total sales at 36,437 units vs 40,403 units (MoM)

TataMotors PV sales at 25,095 units vs 29,654 units (MoM)

Maruti sales at 1.59 lk units vs 1.67 lk
units (MoM)

Eicher CV sales at 2,145 units vs 7,037 units (MoM)

M&M tractor sales at 26,130 units vs
30,970 units (MoM)


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Info Edge invested ₹4.7 Cr in Aug 2010 in Zomato. They own 18.55% of Zomato. The holding is worth ₹7416 Cr today(5.4 bn$ per latest fundraise)

A cool CAGR of 94.22%!

The value is slated to increase more as IPO valuation is speculated to be in the 6-9 bn $ range!

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

#AmbujaCement 's massive 20 MT capacity expansion to cost Rs 10,000 crore

Ambuja Cement's plan to add 20 million tonne per annum (MTPA) to its existing 30 MTPA capacity will be costly, but it will intensify the competition in the segment. Analysts estimate that the company will have to spend around Rs 10,000 crore for the expansion, which it plans to complete in the medium term (around 3-5 years).
Ambuja's upcoming facility in Marwar Mundwa, Rajasthan will enhance clinker capacity by 3 MTPA and help improve cement sales by 5 MTPA, contributing to long term strategy of capacity expansion.

This greenfield integrated plant, at a total investment of Rs 2,350 crore, will commence operations by July-September quarter.
The cement maker is evaluating brownfield expansions in Bhatapara (Chhattisgarh) and Maratha (Maharashtra) plants. It is also looking at significant debottlenecking opportunities across all plants. The growth plans will be executed in mid-term for Ambuja to reach 50 MTPA cement capacity.

It has reported a 71 per cent jump in its consolidated net profit at Rs 947.21 crore in January-March quarter, as against a profit of Rs 554 crore last year, beating analyst estimates on the back of strong volume growth and lower operating costs.

Ambuja's execution on costs continues to beat expectations, with a combination of fuel-mix change, optimising fixed costs, distribution, and energy efficiency measures contributing to the lower costs, said Goldman Sachs in its report. "Some of these cost benefits are likely to continue, which should help narrow the valuation gap vs larger peers -- in our view.

Additionally, the expected capacity addition at Marwar Mundwa by Q3CY21 will not only add 3 MTPA of clinker and 1.MTPA of grinding for the company but also provide clinker for some starved grinding capacity and hence drive better than historical volume growth for the company. This drives our EBITDA to grow from Rs 3,100 crore in CY21 to Rs 3,800 crore in CY22 -- growth of 23 per cent," said Goldman Sachs.

Ambuja Cement continued to surprise positively with Q1CY21 EBITDA increasing 62 per cent YoY to Rs 980 crore led by lower costs. Total cost per tonne declined 6 per cent QoQ (and 5 per cent YoY) vs our expectations of flat cost/te owing to fuel mix optimisation, better cost efficiencies and operating leverage.

Volumes including clinker sales grew 25 per cent YoY while realisation remained flat QoQ -- both broadly in-line with our estimates," said ICICI Direct report.

Morgan Stanley report said that better-than-expected demand led to faster volume growth.

Lower-than-expected costs, helped by the company's ongoing cost-saving initiatives, and higher-than-expected price increase resulted in better EBITDA margins, it added.

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*CDSL* Q4 & FY 21 Results

Q4
~Revenue up 52%
~PAT up 80%

FY 21
~Revenue up 40%
~PAT up 90%
~Assets up ~100%
~Cash flows up 134%

~Dividend 9


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*AU SFB Q4FY21 Concall Update*
(Nirmal Bang Retail Research)

◉ *Asset quality deteriorates with stressed pool growing*
◉ *Expect higher credit costs in FY22 than earlier anticipated*
◉ *Operational performance remains stable; disbursements were at highest levels ever*

*Outlook: Negative in near term; Positive in long term*

*Asset Quality deteriorates*
• Although overall Collection Efficiency (incl. arrears) has increased to 112% in March from 103% for Dec, the billing efficiency (not disclosed by the bank) seems to have declined which is reflected in the increased stressed book.
• GNPA came at Rs. 1503 Cr vs QoQ (proforma) Rs. 1116 Cr at 4.25% vs QoQ 3.70%. The increase was due to Supreme Court’s stay (on tagging of NPAs). Due to this AU had tagged accounts which had returned to < 90 DPD as NPA.
• Thus if we just look at just the 90+ DPD loans, it has declined from 3.4% in Dec to 2.8% in Mar.
• *Stressed book:* If we look at the 0-90 DPD, it has increased from 0.3% in Dec to 1.6% in Mar. On top of this, the restructured book also increased from 0.8% in Dec to 1.9% in Mar (Management had earlier guided for Rstd. Book to increase to 1.5% by March). Thus the *stressed pool (0-90 DPD + Restd. Book) increased from 1.1% in Dec to 3.5% in Mar.*
• Against the above stressed pool of 3.5%, the bank already holds 1.1% as provisions. Thus FY22 credit cost is likely to be slightly higher at 1.0% compared to our earlier assumption/pre-covid levels of 0.7%.

*Operating Performance remains stable*
• Disbursements grew by 48% YoY & 14% QoQ in Q4FY21 at Rs. 7421 Cr, the highest levels ever. Demand had normalized in most segments during Q4FY21; however management cautioned that demand in April month has come off due to second wave of Covid and they are cautious regarding growth in near term.
• AUM stands at Rs. 35,356 Cr (+14% YoY, +6% QoQ).
• Bank grew its housing book at 144% this year (4% of total) on a low base and this will continue to grow at the fastest rate among all segments.
• Deposits +38% YoY, +21% QoQ. CASA ratio is at 21% vs 22% QoQ & 15% YoY. Average Savings Ac. Rate is 5.7%. Also deposits as % of total borrowings has increased to 84% against 72% in FY20 which is encouraging.
• Opex grew by 32% YoY with branch network expanding to 729 vs 714 QoQ and 568 YoY. Employee growth was higher at 65% YoY due to a one off ESOP expense of Rs. 59 Cr. Excluding this one off, the total opex would have increased by 18%.
• *Cost/Income will remain elevated as the bank will continue to be in investment mode in branches, employees, branding. It will remain in 50-55% over net 2 years.*

Share is trading at P/E 33.3x FY22E EPS and trailing P/Adj BV of 6.5x


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Eicher Motors (M&HCV) April 2021 Sales – Below Expectation*
M&HCV came at 2145 units vs expectation of 4707 units, YoY 85 units (2424%) and MoM 7037 units (-70%)
Sales declined by 54% over April 2019

*SML Isuzu April 2021 Sales - Declined*
(Nirmal Bang Retail Research)
Sales came at 305 vs YoY 0 units and MoM 952 units (-68%)
Sales declined by 78% over April 2019

https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Mahindra & Mahindra April 2021 Sales – Above Expectations*
(Nirmal Bang Retail Research)
Auto Sector came at 36437 units vs expectation of 32183 units, YoY 733 units (4871%) and MoM 40403 units (-10%)
Tractors came at 27523 units vs expectation of 26000 units, YoY 4772 units (477%) and MoM 30970 units (-11%)
Total Sales (Auto+Tractors) came at 63960 units vs expectation of 58183 units, YoY 5505 units (1062%) and MoM 71373 units (-10%).
Total Sales (Auto+Tractors) declined by 12% over April 2019


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Maruti Suzuki April 2021 Sales – In line with expectation*
(Nirmal Bang Retail Research)
Total Sales (Domestic+Exports) came at 159691 units vs expectation of 155652 units, YoY 632 units (25168%) and MoM 167014 units (-4%).
Sales have grown by 11.5% over April 2019.


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Tata Motors April 2021 Sales – Below expectation*
(Nirmal Bang Retail Research)
Total Domestic CV came at 14435 units vs expectation of 22000 units, YoY 0 units and MoM 36955 units (-61%)
Total Domestic PVs came at 25095 units vs expectation of 26000 units, YoY 0 units and MoM 29654 units (-15%)
Total Domestics Sales came at 39530 units vs expectation of 48000 units, YoY 0 units and MoM 66609 units (-41%)
Total Domestic Sales declined by 7% over April 2019


*Escorts April 2021 Sales – Below Expectation*
(Nirmal Bang Retail Research)
Total Sales came at 6979 units vs expectation of 9788 units, YoY 705 units (890%) and MoM 12337 units (-43%)


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

Bulk Deal as on 30-04-21

Andhra Sugar
+ 1.5 Lk @ 391 Vikas Vijaykumar Khemani

Coffe Day
+ 19.14 Lk @ 37.7 Setu Securities Pvt Ltd

Filatex
+ 12.71 Lk @ 92.75 Wheelers Developers Pvt Ltd


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*

*Paracetamol, azithro raw material cost shoots up, pharma cos worried*

A sharp rise in the price of raw material of key drugs used in the treatment of Covid over the last few weeks has unnerved manufacturers in the state.

Enquiries reveal the rates of active pharmaceutical ingredients (APIs) like paracetamol, ivermectin, doxycycline, azithromycin, maropenem 1 gm, etc., have increased up to 300 per cent.
“Ivermectin has seen a price hike from Rs 17,000 per kg to Rs 58,000 per kg while paracetamol has gone up from Rs 350 per kg to Rs 680 per kg. Similarly, doxycycline has jumped from Rs 6,000 per kg to Rs 12,000 per kg and the price of azithromycin has increased to Rs 11,500 per kg from Rs 8,000 per kg prevailing in the market a few weeks ago, said Yuvraj Chhoker, who runs Tiruvision Medicare in Baddi.
Even packaging material like foil and cartons has registered a price hike of 10 to 20 per cent and empty capsules have become dearer by 30 to 40 per cent. The price of I gram maropenem, another raw material, has increased from Rs 100 to Rs 180 added Chhoker.

“The price of the APIs has increased by as much as 300 per cent ever since the second wave of Covid has erupted. There was no check on the price by the government. Since the price of the medicines manufactured using these ingredients is regulated under the drug price control order, their maximum price cannot be enhanced,” said SL Singla, adviser, Himachal Pradesh Drug Manufacturers Association.

“Azithromycin has gone off the shelf today as its manufacturing has become unviable. More drugs would follow suit if the government doesn’t intervene to either regulate the price of the APIs or to enhance the price of the final product,” claimed Singla.

Drug manufacturers asserted that they had given up their margins in this hour of crisis, but the government had done little to address their representations.
With China suspending cargo flights to India, the manufacturers feared that more trouble was in the offing. A sizeable chunk of the APIs comes from China.

Pharma companies are largely dependent on China for their API requirement. A sizeable decline in imports from China triggered its shortage in the domestic markets since the advent of Covid. The API shortage led to uncertainty in the market, fuelling price hike. Also, there was a scramble to manufacture these drugs due to their burgeoning demand, said a manufacturer.


https://t.me/marketswizard

*Learning and earning group*

https://t.me/BooksMakeIndiaRead

*Knowledge Enhancement Group*