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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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.

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.

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%)

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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*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

*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

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

*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

*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