*SHIPPING CORPORATION OF INDIA LTD.* | *CMP* Rs. 115 | *M Cap* Rs. 5357 Cr | *52 W H/L* 135/39
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 875.4 Cr (4.1% QoQ, -33.4% YoY) vs QoQ Rs. 841.2 Cr, YoY Rs. 1313.8 Cr
EBIDTA came at Rs. 223.2 Cr (-1.1% QoQ, -26.5% YoY) vs QoQ Rs. 225.7 Cr, YoY Rs. 303.8 Cr
EBITDA Margin came at 25.5% vs QoQ 26.8%, YoY 23.1%
Adj. PAT came at Rs. 82 Cr vs QoQ Rs. 131.6 Cr, YoY Rs. 111.1 Cr
Quarter EPS is Rs. 1.8
Share is trading at P/E of 7.7x TTM EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 875.4 Cr (4.1% QoQ, -33.4% YoY) vs QoQ Rs. 841.2 Cr, YoY Rs. 1313.8 Cr
EBIDTA came at Rs. 223.2 Cr (-1.1% QoQ, -26.5% YoY) vs QoQ Rs. 225.7 Cr, YoY Rs. 303.8 Cr
EBITDA Margin came at 25.5% vs QoQ 26.8%, YoY 23.1%
Adj. PAT came at Rs. 82 Cr vs QoQ Rs. 131.6 Cr, YoY Rs. 111.1 Cr
Quarter EPS is Rs. 1.8
Share is trading at P/E of 7.7x TTM EPS
Bitcoin plunges 17% after Elon Musk tweet on Tesla not accepting cryptocurrency https://www.livemint.com/companies/news/bitcoin-plunges-17-after-elon-musk-tweet-on-tesla-not-accepting-cryptocurrency-11620873189800.html
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mint
Bitcoin plunges 17% after Elon Musk tweets on Tesla not accepting cryptocurrency
The price of the world's largest cryptocurrency dropped from around $54,819 to $45,700, its lowest since March 1, in just under two hours following the tweet
Biggest triggers for Indian businesses ahead:-
1..Internet in the hands of most Indians.
2. Emerging B2C brands.
The cumulative effect of it is beyond massive.
1..Internet in the hands of most Indians.
2. Emerging B2C brands.
The cumulative effect of it is beyond massive.
3 recent decisions:
1. India has restricted American Express and Diners Club from adding new customers because they flouted rules & refused to store financial data in India.
2. European Union announced that it will revive stalled trade talks with India (after 8 years)
3. Huawei and ZTE excluded from 5G trials in India. China called the decision unfair.
1. India has restricted American Express and Diners Club from adding new customers because they flouted rules & refused to store financial data in India.
2. European Union announced that it will revive stalled trade talks with India (after 8 years)
3. Huawei and ZTE excluded from 5G trials in India. China called the decision unfair.
Top 10 Companies with highest Foreign holding:
HDFC (72.78%)
Zee Entertainment (64.15%)
Shriram Transport Finance (61.01%)
Apollo Hospitals (54.51%)
Axis Bank (51.43%)
IndusInd Bank (50.91%)
ICICI Bank (47.78%)
Kotak Mahindra Bank (44.23%)
PVR (42.6%)
Redington (42%)
HDFC (72.78%)
Zee Entertainment (64.15%)
Shriram Transport Finance (61.01%)
Apollo Hospitals (54.51%)
Axis Bank (51.43%)
IndusInd Bank (50.91%)
ICICI Bank (47.78%)
Kotak Mahindra Bank (44.23%)
PVR (42.6%)
Redington (42%)
RBI cancels United Co-operative Bank's licence
https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-cancels-united-co-operative-banks-licence/articleshow/82607367.cms
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https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-cancels-united-co-operative-banks-licence/articleshow/82607367.cms
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The Economic Times
RBI cancels United Co-operative Bank's licence
The bank ceases to carry on banking business with effect from the On liquidation, every depositor is entitled to receive deposit insurance claims up to Rs 5 lakh.
*Vedanta Ltd.* | *CMP* Rs. 282 | *M Cap* Rs. 104825 Cr | *52 W H/L* 282/77
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 28206 Cr (24.1% QoQ, 42.8% YoY) vs expectation of Rs. 24968.8 Cr, QoQ Rs. 22735 Cr, YoY Rs. 19755 Cr
EBIDTA came at Rs. 9037 Cr (16.5% QoQ, 98.5% YoY) vs expectation of Rs. 8862.6 Cr, QoQ Rs. 7757 Cr, YoY Rs. 4552 Cr
EBITDA Margin came at 32% vs expectation of 35.5%, QoQ 34.1%, YoY 23%
Adj. PAT came at Rs. 7205 Cr vs expectation of Rs. 3988.8 Cr, QoQ Rs. 3299 Cr, YoY Rs. 4611 Cr
Quarter EPS is Rs. 19.4
Share is trading at P/E of 8.9x FY22E EPS
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 28206 Cr (24.1% QoQ, 42.8% YoY) vs expectation of Rs. 24968.8 Cr, QoQ Rs. 22735 Cr, YoY Rs. 19755 Cr
EBIDTA came at Rs. 9037 Cr (16.5% QoQ, 98.5% YoY) vs expectation of Rs. 8862.6 Cr, QoQ Rs. 7757 Cr, YoY Rs. 4552 Cr
EBITDA Margin came at 32% vs expectation of 35.5%, QoQ 34.1%, YoY 23%
Adj. PAT came at Rs. 7205 Cr vs expectation of Rs. 3988.8 Cr, QoQ Rs. 3299 Cr, YoY Rs. 4611 Cr
Quarter EPS is Rs. 19.4
Share is trading at P/E of 8.9x FY22E EPS
*Indian Energy Exchange Ltd.* | *CMP* Rs. 398 | *M Cap* Rs. 11922 Cr | *52 W H/L* 398/140
(Nirmal Bang Retail Research)
*Result inline with Expectation*
Revenue from Operations came at Rs. 95 Cr (11.8% QoQ, 37% YoY) vs expectation of Rs. 96.1 Cr, QoQ Rs. 85 Cr, YoY Rs. 69.3 Cr
EBIDTA came at Rs. 80.8 Cr (12.1% QoQ, 49.3% YoY) vs expectation of Rs. 81.3 Cr, QoQ Rs. 72.1 Cr, YoY Rs. 54.2 Cr
EBITDA Margin came at 85.1% vs expectation of 84.6%, QoQ 84.8%, YoY 78.1%
Adj. PAT came at Rs. 63.8 Cr vs expectation of Rs. 64.5 Cr, QoQ Rs. 60.1 Cr, YoY Rs. 47.2 Cr
Quarter EPS is Rs. 2.1
Share is trading at P/E of 47.8x FY22E EPS
(Nirmal Bang Retail Research)
*Result inline with Expectation*
Revenue from Operations came at Rs. 95 Cr (11.8% QoQ, 37% YoY) vs expectation of Rs. 96.1 Cr, QoQ Rs. 85 Cr, YoY Rs. 69.3 Cr
EBIDTA came at Rs. 80.8 Cr (12.1% QoQ, 49.3% YoY) vs expectation of Rs. 81.3 Cr, QoQ Rs. 72.1 Cr, YoY Rs. 54.2 Cr
EBITDA Margin came at 85.1% vs expectation of 84.6%, QoQ 84.8%, YoY 78.1%
Adj. PAT came at Rs. 63.8 Cr vs expectation of Rs. 64.5 Cr, QoQ Rs. 60.1 Cr, YoY Rs. 47.2 Cr
Quarter EPS is Rs. 2.1
Share is trading at P/E of 47.8x FY22E EPS
Bulk Deal as on 12-05-21
Bajaj Hindustan
+ 1.10 Crore @ 13.45 Ramlal Kanwarlal Jain
Cyient
+ 6 Lk @ 769.97 Cyient Associate Stock Option Scheme
Venkeys
+ 1.13 Lk @ 1976.35 Navodaya Enterprises
Bajaj Hindustan
+ 1.10 Crore @ 13.45 Ramlal Kanwarlal Jain
Cyient
+ 6 Lk @ 769.97 Cyient Associate Stock Option Scheme
Venkeys
+ 1.13 Lk @ 1976.35 Navodaya Enterprises
*Polycab India Ltd.* | *CMP* Rs. 1543 | *M Cap* Rs. 23011 Cr | *52 W H/L* 1585/624
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 3037.4 Cr (8.5% QoQ, 42.6% YoY) vs expectation of Rs. 2775.2 Cr, QoQ Rs. 2798.8 Cr, YoY Rs. 2129.4 Cr
EBIDTA came at Rs. 421.2 Cr (12.1% QoQ, 40.1% YoY) vs expectation of Rs. 373.9 Cr, QoQ Rs. 375.8 Cr, YoY Rs. 300.6 Cr
EBITDA Margin came at 13.9% vs expectation of 13.5%, QoQ 13.4%, YoY 14.1%
Adj. PAT came at Rs. 281.4 Cr vs expectation of Rs. 259.1 Cr, QoQ Rs. 262.5 Cr, YoY Rs. 213.9 Cr
Quarter EPS is Rs. 18.9
Share is trading at P/E of 25.2x FY22E EPS
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 3037.4 Cr (8.5% QoQ, 42.6% YoY) vs expectation of Rs. 2775.2 Cr, QoQ Rs. 2798.8 Cr, YoY Rs. 2129.4 Cr
EBIDTA came at Rs. 421.2 Cr (12.1% QoQ, 40.1% YoY) vs expectation of Rs. 373.9 Cr, QoQ Rs. 375.8 Cr, YoY Rs. 300.6 Cr
EBITDA Margin came at 13.9% vs expectation of 13.5%, QoQ 13.4%, YoY 14.1%
Adj. PAT came at Rs. 281.4 Cr vs expectation of Rs. 259.1 Cr, QoQ Rs. 262.5 Cr, YoY Rs. 213.9 Cr
Quarter EPS is Rs. 18.9
Share is trading at P/E of 25.2x FY22E EPS
*Vardhman Special Steels Ltd.* | *CMP* Rs. 191 | *M Cap* Rs. 772 Cr | *52 W H/L* 218/40
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 334.5 Cr (16.3% QoQ, 62.6% YoY) vs QoQ Rs. 287.7 Cr, YoY Rs. 205.7 Cr
EBIDTA came at Rs. 52.3 Cr (32.5% QoQ, 230.6% YoY) vs QoQ Rs. 39.4 Cr, YoY Rs. 15.8 Cr
EBITDA Margin came at 15.6% vs QoQ 13.7%, YoY 7.7%
Adj. PAT came at Rs. 26.4 Cr vs QoQ Rs. 21.7 Cr, YoY Rs. 3.6 Cr
Quarter EPS is Rs. 6.5
Share is trading at P/E of 17.5x TTM EPS
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 334.5 Cr (16.3% QoQ, 62.6% YoY) vs QoQ Rs. 287.7 Cr, YoY Rs. 205.7 Cr
EBIDTA came at Rs. 52.3 Cr (32.5% QoQ, 230.6% YoY) vs QoQ Rs. 39.4 Cr, YoY Rs. 15.8 Cr
EBITDA Margin came at 15.6% vs QoQ 13.7%, YoY 7.7%
Adj. PAT came at Rs. 26.4 Cr vs QoQ Rs. 21.7 Cr, YoY Rs. 3.6 Cr
Quarter EPS is Rs. 6.5
Share is trading at P/E of 17.5x TTM EPS