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