18. *Chandigarh University has launched Student Satellite Designing and Training program 'CUSAT'* and it has become North India's first University to launch the advanced training program for the students in the field of Aerospace Engineering.
19 *The Union Ministry of Education has issued a clarification saying no final decision has been taken on cancellation of CBSE Class 12 Board Exams.* : It is to be noted that CBSE Class 12 students across the country are demanding the cancellation of CBSE Class 12 Board Exam 2021 due to the rise in COVID-19 cases across the country. Several students took Twitter to start an online campaign #SaveBoardStudents asking the Central government and Union Education minister Ramesh Pokhriyal ‘Nishank’ to either postpone the CBSE Class 12 Board Exam 2021 or evaluate their marks on the basis of the assessment plan of class 10.
20. *Defence Minister Rajnath Singh to release first batch of DRDO anti-Covid drug on Monday*
21. *Indian Army establishes Covid hospital in Kashmir* : With the increasing numbers of Covid positive patients across the Union Territory of Jammu and Kashmir, people are finding it difficult to get a hospital bed in state-run hospitals. Now, the Indian Army has come to the rescue of the administration by setting up a 250-bed Covid hospital in Srinagar’s Rangret area.
22. Overcoming all hurdles and finding new solutions, Indian Railways is continuing its journey of bringing relief by delivering Liquid Medical Oxygen(LMO) to various states across the country. So far, Indian Railways has delivered more than 9440 MT of LMO in nearly 590 tankers to various states across the country.
23. *COVID 19 STATUS*
▲ NEW
*TOTAL CASES* 24684077
▲ 311170
*TOTAL ACTIVE* 3618458
▲ -55344
*TOTAL RECOVERED* 20795335
▲ 362437
*TOTAL DEATHS* 270284
▲ 4077
*✈INTERNATIONAL NEWS*
1. A senior leader of the hardline Jamaat-e-Islami group has been arrested in Bangladesh for allegedly instigating violence in March during Indian PM Modi's visit to the country.
2. The High Commission of India in the United Kingdom said that 260 more oxygen concentrators have been airlifted to New Delhi, as India fights a devastating second COVID-19 wave.
3. *The External Affairs Minister of India, S Jaishankar interacted with a global task force of top American Companies.* The task force was set up in April 2021 to support India in tackling the second wave of the COVID-19 pandemic. The Union Minister informed about the virtual meeting through series of tweets and mentioned that he talked about India’s priorities such as vaccines, oxygen, and pharmaceuticals as well as the significance of effective supply chains.
*🌎WORLD NEWS🌍*
1. *UN Security Council hold meeting between Israel and Palestine* : International community has called for an end to the escalating conflict. US President Joe Biden made a call to Israeli PM Benjamin Netanyahu and Palestinian President Mahmoud Abbas on Saturday.
2. *The death toll in Palestine due to Israeli airstrikes has reached 188 as the conflict entered its seventh day on Sunday* .
3. The history of the Israeli–Palestinian conflict began with the establishment of the state of Israel in 1948. This conflict came from the intercommunal violence in Mandatory Palestine between Israelis and Arabs from 1920 and erupted into full-scale hostilities in the 1947–48 civil war.
4. *The conflict has been ongoing for more than a 100 years between Jews and Arabs over a piece of land between Jordan river and the Mediterranean sea.* It was between 1882 to 1948, when the Jews from around the world gathered in Palestine. This movement came to be known as Aliyahs.
Then in 1917, Ottoman Empire fell after World War 1 and the UK got control over Palestine.
5. For more information you can watch a video with below line....🙏🏻
https://youtu.be/3n93K6lsKl4
6. The government of Bangladesh has decided to extend the strict lockdown in the country for one more week till May 23 in order to contain the spread of the Coronavirus in the country.
19 *The Union Ministry of Education has issued a clarification saying no final decision has been taken on cancellation of CBSE Class 12 Board Exams.* : It is to be noted that CBSE Class 12 students across the country are demanding the cancellation of CBSE Class 12 Board Exam 2021 due to the rise in COVID-19 cases across the country. Several students took Twitter to start an online campaign #SaveBoardStudents asking the Central government and Union Education minister Ramesh Pokhriyal ‘Nishank’ to either postpone the CBSE Class 12 Board Exam 2021 or evaluate their marks on the basis of the assessment plan of class 10.
20. *Defence Minister Rajnath Singh to release first batch of DRDO anti-Covid drug on Monday*
21. *Indian Army establishes Covid hospital in Kashmir* : With the increasing numbers of Covid positive patients across the Union Territory of Jammu and Kashmir, people are finding it difficult to get a hospital bed in state-run hospitals. Now, the Indian Army has come to the rescue of the administration by setting up a 250-bed Covid hospital in Srinagar’s Rangret area.
22. Overcoming all hurdles and finding new solutions, Indian Railways is continuing its journey of bringing relief by delivering Liquid Medical Oxygen(LMO) to various states across the country. So far, Indian Railways has delivered more than 9440 MT of LMO in nearly 590 tankers to various states across the country.
23. *COVID 19 STATUS*
▲ NEW
*TOTAL CASES* 24684077
▲ 311170
*TOTAL ACTIVE* 3618458
▲ -55344
*TOTAL RECOVERED* 20795335
▲ 362437
*TOTAL DEATHS* 270284
▲ 4077
*✈INTERNATIONAL NEWS*
1. A senior leader of the hardline Jamaat-e-Islami group has been arrested in Bangladesh for allegedly instigating violence in March during Indian PM Modi's visit to the country.
2. The High Commission of India in the United Kingdom said that 260 more oxygen concentrators have been airlifted to New Delhi, as India fights a devastating second COVID-19 wave.
3. *The External Affairs Minister of India, S Jaishankar interacted with a global task force of top American Companies.* The task force was set up in April 2021 to support India in tackling the second wave of the COVID-19 pandemic. The Union Minister informed about the virtual meeting through series of tweets and mentioned that he talked about India’s priorities such as vaccines, oxygen, and pharmaceuticals as well as the significance of effective supply chains.
*🌎WORLD NEWS🌍*
1. *UN Security Council hold meeting between Israel and Palestine* : International community has called for an end to the escalating conflict. US President Joe Biden made a call to Israeli PM Benjamin Netanyahu and Palestinian President Mahmoud Abbas on Saturday.
2. *The death toll in Palestine due to Israeli airstrikes has reached 188 as the conflict entered its seventh day on Sunday* .
3. The history of the Israeli–Palestinian conflict began with the establishment of the state of Israel in 1948. This conflict came from the intercommunal violence in Mandatory Palestine between Israelis and Arabs from 1920 and erupted into full-scale hostilities in the 1947–48 civil war.
4. *The conflict has been ongoing for more than a 100 years between Jews and Arabs over a piece of land between Jordan river and the Mediterranean sea.* It was between 1882 to 1948, when the Jews from around the world gathered in Palestine. This movement came to be known as Aliyahs.
Then in 1917, Ottoman Empire fell after World War 1 and the UK got control over Palestine.
5. For more information you can watch a video with below line....🙏🏻
https://youtu.be/3n93K6lsKl4
6. The government of Bangladesh has decided to extend the strict lockdown in the country for one more week till May 23 in order to contain the spread of the Coronavirus in the country.
YouTube
Israeli–Palestinian Conflict | HAMAS | Gaza Strip | West Bank | Al-Aqsa mosque | Jerusalem | O.I.C
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Facebook Page Link :- https://www.facebook.com/khangsresearchcenter/
About…
*🚣🚴🏇🏁🏊Sports:*
*Rafael Nadal celebrates with the trophy after beating Novak Djokovic in the Italian Open final in Rome.* : Rafael Nadal warmed up for the French Open with a battling 7-5, 1-6, 6-3 win over world number one Novak Djokovic as the Spaniard claimed a record-extending 10th Italian Open title in Rome on Sunday.
*Note: The trio of Novak Djokovic, Rafael Nadal and Roger Federer have won an incredible 58 Grand Slam titles between them.*
*Swiatek demolishes Pliskova to win Rome title* : French Open champion Iga Swiatek served a warning to her rivals ahead of the claycourt Grand Slam with a 6-0, 6-0 demolition of former world number one Karolina Pliskova in the Italian Open final on Sunday.
3. Indian high jumper Tejaswin Shankar has claimed a gold medal at the Big 12 Outdoor Track and Field Championships in Manhattan, United States.Representing Kanasas State University, Tejaswin cleared 2.28 metres on Saturday, making a facility record.
*USD 73.28 💷GBP 103.32*
_In Chandigarh (UT)_
*🥇Gold ₹50,210©10 gm 24 (Krt)*
🥈 *Silver ₹71,100©Kg*
⛽ *Petrol ₹ 89.05*
⛽ *Diesel ₹ 82.89*
*LPG : ₹ 818.50/14.2 Kg*
*BSE Sensex* 48,732.55
*NIFTY* : 14,677.80
*🇮🇳Facts about India🇮🇳*
On May 16, 2021, the Sikkim Government celebrates its 46th Statehood Day. Every year Sikkim celebrates its State Day in May 16 as the state came into existence on this day in 1975.
After India became independent in 1947, Sikkim continued to enjoy the protectorate status with the republic of India. However, in 1973, anti-royalist riots occurred in the state. The monarch was eventually deposed in 1975. A referendum led to the state joining India. Sikkim was the 22nd state to join Union of India. Sikkim borders three countries namely China, Bhutan and Nepal.
*😀Thought of the day*
Dream big and dare to fail. –Norman Vaughan
*Joke of the day*
Admi mirch🌶️ ki tarah tikha🥵 aur tej hota hai
Magar mirch kitne bhi tej kyo na ho-aurat uska
achar 🥫dal deti hai🤪
*😳Why❓❓❓*
*Why can't we breathe under water.?*
When you breathe in air, the air travels from your nose, down your trachea (windpipe), and into your lungs.
As the lungs branch into smaller and smaller airways, the end in specialized sacs called alveolae. Here, oxygen passes through the lung membranes into the bloodstream, and waste products like carbon dioxide flow out of the blood and into the air, and are subsequently expelled when you breathe out.
Fish also need oxygen to live, but their lungs are not designed to extract oxygen from the air. Instead, by passing the water through their specialized organs (called gills), they can remove the oxygen and eliminate waste gases.
Since humans do not have gills, we cannot extract oxygen from water. Some marine mammals, like whales and dolphins, do live in water, but they don't breathe it. They have developed a mechanism to hold their breath for long periods of time underwater. Eventually, however, they have to come to the surface to exhale and then take a new breath.
🙏🏻 *LEARN Sanskrit*🙏🏻
*मृगः* - हिरन
*रजकः* - धोबी
💁🏻♂️ *GK TODAY*
*Mawsynram* is the wettest place on the planet and known for its stalagmites Shivalinga. The village in the East Khasi Hills is reportedly the wettest place on Earth and as per the Guinness Book of World Records Mawsynram received an annual rainfall of 11,872 millimetres.
🤔 *HOW......* ⁉️
*HOW DO PARACHUTES WORK?*
A parachute works by forcing air into the front of it and creating a structured 'wing' under which the canopy pilot can fly. Parachutes are controlled by pulling down on steering lines which change the shape of the wing, cause it to turn, or to increase or decrease its rate of descent.
Parachutes are packed into their containers so the cells are pointing forward. As the parachute deploys, air is allowed to rush in immediately. Slight variances in the way the parachute is packed can result in off-heading openings, but the design of the parachute means it will always fly front-first.
*Rafael Nadal celebrates with the trophy after beating Novak Djokovic in the Italian Open final in Rome.* : Rafael Nadal warmed up for the French Open with a battling 7-5, 1-6, 6-3 win over world number one Novak Djokovic as the Spaniard claimed a record-extending 10th Italian Open title in Rome on Sunday.
*Note: The trio of Novak Djokovic, Rafael Nadal and Roger Federer have won an incredible 58 Grand Slam titles between them.*
*Swiatek demolishes Pliskova to win Rome title* : French Open champion Iga Swiatek served a warning to her rivals ahead of the claycourt Grand Slam with a 6-0, 6-0 demolition of former world number one Karolina Pliskova in the Italian Open final on Sunday.
3. Indian high jumper Tejaswin Shankar has claimed a gold medal at the Big 12 Outdoor Track and Field Championships in Manhattan, United States.Representing Kanasas State University, Tejaswin cleared 2.28 metres on Saturday, making a facility record.
*USD 73.28 💷GBP 103.32*
_In Chandigarh (UT)_
*🥇Gold ₹50,210©10 gm 24 (Krt)*
🥈 *Silver ₹71,100©Kg*
⛽ *Petrol ₹ 89.05*
⛽ *Diesel ₹ 82.89*
*LPG : ₹ 818.50/14.2 Kg*
*BSE Sensex* 48,732.55
*NIFTY* : 14,677.80
*🇮🇳Facts about India🇮🇳*
On May 16, 2021, the Sikkim Government celebrates its 46th Statehood Day. Every year Sikkim celebrates its State Day in May 16 as the state came into existence on this day in 1975.
After India became independent in 1947, Sikkim continued to enjoy the protectorate status with the republic of India. However, in 1973, anti-royalist riots occurred in the state. The monarch was eventually deposed in 1975. A referendum led to the state joining India. Sikkim was the 22nd state to join Union of India. Sikkim borders three countries namely China, Bhutan and Nepal.
*😀Thought of the day*
Dream big and dare to fail. –Norman Vaughan
*Joke of the day*
Admi mirch🌶️ ki tarah tikha🥵 aur tej hota hai
Magar mirch kitne bhi tej kyo na ho-aurat uska
achar 🥫dal deti hai🤪
*😳Why❓❓❓*
*Why can't we breathe under water.?*
When you breathe in air, the air travels from your nose, down your trachea (windpipe), and into your lungs.
As the lungs branch into smaller and smaller airways, the end in specialized sacs called alveolae. Here, oxygen passes through the lung membranes into the bloodstream, and waste products like carbon dioxide flow out of the blood and into the air, and are subsequently expelled when you breathe out.
Fish also need oxygen to live, but their lungs are not designed to extract oxygen from the air. Instead, by passing the water through their specialized organs (called gills), they can remove the oxygen and eliminate waste gases.
Since humans do not have gills, we cannot extract oxygen from water. Some marine mammals, like whales and dolphins, do live in water, but they don't breathe it. They have developed a mechanism to hold their breath for long periods of time underwater. Eventually, however, they have to come to the surface to exhale and then take a new breath.
🙏🏻 *LEARN Sanskrit*🙏🏻
*मृगः* - हिरन
*रजकः* - धोबी
💁🏻♂️ *GK TODAY*
*Mawsynram* is the wettest place on the planet and known for its stalagmites Shivalinga. The village in the East Khasi Hills is reportedly the wettest place on Earth and as per the Guinness Book of World Records Mawsynram received an annual rainfall of 11,872 millimetres.
🤔 *HOW......* ⁉️
*HOW DO PARACHUTES WORK?*
A parachute works by forcing air into the front of it and creating a structured 'wing' under which the canopy pilot can fly. Parachutes are controlled by pulling down on steering lines which change the shape of the wing, cause it to turn, or to increase or decrease its rate of descent.
Parachutes are packed into their containers so the cells are pointing forward. As the parachute deploys, air is allowed to rush in immediately. Slight variances in the way the parachute is packed can result in off-heading openings, but the design of the parachute means it will always fly front-first.
When the skydiver comes into the landing, they use the steering toggles to slow the parachute’s descent to a minimum, facilitating a soft touch down.
All skydivers jump with two parachutes – a main and a reserve. The reason is obviously safety-driven – the main parachute may work 999 times out of 1,000, but there is still a chance of things not going to plan. A user error during the packing process might be the cause or a problem with the parachute itself.
🛕 *VEDIC GYAN*
*Manthara* : Maid servant of Keikeyi who convinced her for Bharat’s thorn and exile of Shri Rama.
In her past life she was a beautiful Gandharvi – celestial beings who entertained the Devas through music and songs. She was told by Brahma to take birth as Manthara and was the given the mission to exile Sri Ram to forest so that he can bring end to the rule of the demons and convert them to the path of Dharma.
Bhagvan Sri Ram also told her that in her next life she will be known as Trivakra and this will happen when Krishna Avatar will take place on earth. Sri Krishna will then embrace her and this will straighten her back and she will become beautiful again.
🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Makki roti* is a good source of Vitamin A, C, K, beta-carotene and selenium. All these nutrients can improve functioning of the thyroid gland and helps in maintaining immunity
*Regards
───────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰───────────────────╯
All skydivers jump with two parachutes – a main and a reserve. The reason is obviously safety-driven – the main parachute may work 999 times out of 1,000, but there is still a chance of things not going to plan. A user error during the packing process might be the cause or a problem with the parachute itself.
🛕 *VEDIC GYAN*
*Manthara* : Maid servant of Keikeyi who convinced her for Bharat’s thorn and exile of Shri Rama.
In her past life she was a beautiful Gandharvi – celestial beings who entertained the Devas through music and songs. She was told by Brahma to take birth as Manthara and was the given the mission to exile Sri Ram to forest so that he can bring end to the rule of the demons and convert them to the path of Dharma.
Bhagvan Sri Ram also told her that in her next life she will be known as Trivakra and this will happen when Krishna Avatar will take place on earth. Sri Krishna will then embrace her and this will straighten her back and she will become beautiful again.
🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Makki roti* is a good source of Vitamin A, C, K, beta-carotene and selenium. All these nutrients can improve functioning of the thyroid gland and helps in maintaining immunity
*Regards
───────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰───────────────────╯
World Markets
Dow + 361
Nasdaq + 305
Dax + 217
Nikkei - 103
Hangseng + 152
Sgxnifty + 88 (14805)
Brent Crude 68.9
Dow Fut - 43
Dollar Index 90.35
Dow + 361
Nasdaq + 305
Dax + 217
Nikkei - 103
Hangseng + 152
Sgxnifty + 88 (14805)
Brent Crude 68.9
Dow Fut - 43
Dollar Index 90.35
*DERIVATIVE DAILY UPDATE:*
17 MAY 2021
• After a flat opening Nifty moved down and recovered to close flat near open up 0.03% on 14 May 2021.
• Bank nifty closed weaker than Nifty and closed down 0.78%.
• Sectorial performance was mixed as FMCG, Capital goods and Consumer durables closed positive, while Metals, Real estate & PSU stocks closed negative.
• UPL made all time high up 7.7%.
• The best performer’s Asian paints up 8.51%,UPL up 7.7%, ITC up 4.45%, PNB up 5.14%, and Nestle up 4.71%.
• The worst performers of the session were Indusind bank 2.82%, M&M declined 2.45% and Drreddy was down 2%.
• NSE: Advances:625
Declines: 1038
Unchanged: 64
• India Vix was up, 0.93% to 20.26.
*TECHNICAL VIEW:*
• NIFTY still consolidating inside the 8 Apr to 22 Apr wave,
Making lower tops & bottoms with volumes decreasing.
• Since Feb 21 after rise of Covid cases & lockdowns the upside Journey of Nifty halted but bulls held on and did not allow Nifty to substantially below 50 EMA and Nifty moved only sideways.
• Breakout above 15050 expected in coming days, if we close two days above 15050 expect all time high to break & Next Nifty channel target 17200.
• 15035-50 major resistance zone, Triple top failure seen in this zone.
• Nifty closes up above previous close first time in the week, although lower high, lower low pattern continues.
• Since Feb 21 Nifty has been trading in RSI- 40 to 60 zones which signify sideways momentum. Though the Trend remains up.
• Previous swing bottom 14460 will act a next support now, below which 14150 opens.
• Bank nifty also has been trading in RSI- 40 to 60 zones which signify sideways momentum. Though the Trend remains up.
• Previous swing bottom 31620 will act a next support now, below which 30450 opens.
*OPTIONS VIEW:*
.
• 15500 CE & 14000 PE stand strong with Highest OI of weekly series.
• 15500 to 14600 CE added huge OI on 14 May, while PE side OI addition was not so strong indicating a weak open on Friday.
• PCR Weekly: 0.68
PCR Daily: 1.51
So Weekly PCR view stands Bearish opposed to Monthly view Bullish.
But 0.68 PCR with VIX 20 is near extreme Oversold , so expect bottom to form and a pull back again if NIFTY breaks previous day high.
*DAILY GAINERS:*
ASIANPAINT
UPL
ITC
NESTLEIND
VOLTAS
BERGEPAINT
BATAINDIA
*DAILY LOSERS:*
NMDC
JINDALSTEL
APOLLOTYRE
DLF
TATAPOWER
ADANIENT
GAIL
*MONTHLY GAINERS:*
BHEL
GODREJCP
UPL
NMDC
COFORGE
MARICO
COALINDIA
IOC
GAIL
SAIL
*MONTHLY LOSERS:*
AUBANK
BANDHANBNK
NAUKRI
GODREJPROP
CHOLAFIN
M&MFIN
TATACHEM
JINDALSTEL
NAVINFLUOR
LALPATHLAB
SRTRANSFIN
*FNO ACTIVITY:*
• FNO 35 Stocks traded Positive
124 Stocks traded Negative
• FNO Positive traded stocks up by 1.64% Average
Negative traded stocks down by -2.04% Average
• FNO 53 stocks showed Positive OI built up.
105 stocks showed OI shredding.
• On an Average 3.41% OI added to FNO
4.05% OI shred.
• Average Volumes up by 15.3% in FNO.
17 MAY 2021
• After a flat opening Nifty moved down and recovered to close flat near open up 0.03% on 14 May 2021.
• Bank nifty closed weaker than Nifty and closed down 0.78%.
• Sectorial performance was mixed as FMCG, Capital goods and Consumer durables closed positive, while Metals, Real estate & PSU stocks closed negative.
• UPL made all time high up 7.7%.
• The best performer’s Asian paints up 8.51%,UPL up 7.7%, ITC up 4.45%, PNB up 5.14%, and Nestle up 4.71%.
• The worst performers of the session were Indusind bank 2.82%, M&M declined 2.45% and Drreddy was down 2%.
• NSE: Advances:625
Declines: 1038
Unchanged: 64
• India Vix was up, 0.93% to 20.26.
*TECHNICAL VIEW:*
• NIFTY still consolidating inside the 8 Apr to 22 Apr wave,
Making lower tops & bottoms with volumes decreasing.
• Since Feb 21 after rise of Covid cases & lockdowns the upside Journey of Nifty halted but bulls held on and did not allow Nifty to substantially below 50 EMA and Nifty moved only sideways.
• Breakout above 15050 expected in coming days, if we close two days above 15050 expect all time high to break & Next Nifty channel target 17200.
• 15035-50 major resistance zone, Triple top failure seen in this zone.
• Nifty closes up above previous close first time in the week, although lower high, lower low pattern continues.
• Since Feb 21 Nifty has been trading in RSI- 40 to 60 zones which signify sideways momentum. Though the Trend remains up.
• Previous swing bottom 14460 will act a next support now, below which 14150 opens.
• Bank nifty also has been trading in RSI- 40 to 60 zones which signify sideways momentum. Though the Trend remains up.
• Previous swing bottom 31620 will act a next support now, below which 30450 opens.
*OPTIONS VIEW:*
.
• 15500 CE & 14000 PE stand strong with Highest OI of weekly series.
• 15500 to 14600 CE added huge OI on 14 May, while PE side OI addition was not so strong indicating a weak open on Friday.
• PCR Weekly: 0.68
PCR Daily: 1.51
So Weekly PCR view stands Bearish opposed to Monthly view Bullish.
But 0.68 PCR with VIX 20 is near extreme Oversold , so expect bottom to form and a pull back again if NIFTY breaks previous day high.
*DAILY GAINERS:*
ASIANPAINT
UPL
ITC
NESTLEIND
VOLTAS
BERGEPAINT
BATAINDIA
*DAILY LOSERS:*
NMDC
JINDALSTEL
APOLLOTYRE
DLF
TATAPOWER
ADANIENT
GAIL
*MONTHLY GAINERS:*
BHEL
GODREJCP
UPL
NMDC
COFORGE
MARICO
COALINDIA
IOC
GAIL
SAIL
*MONTHLY LOSERS:*
AUBANK
BANDHANBNK
NAUKRI
GODREJPROP
CHOLAFIN
M&MFIN
TATACHEM
JINDALSTEL
NAVINFLUOR
LALPATHLAB
SRTRANSFIN
*FNO ACTIVITY:*
• FNO 35 Stocks traded Positive
124 Stocks traded Negative
• FNO Positive traded stocks up by 1.64% Average
Negative traded stocks down by -2.04% Average
• FNO 53 stocks showed Positive OI built up.
105 stocks showed OI shredding.
• On an Average 3.41% OI added to FNO
4.05% OI shred.
• Average Volumes up by 15.3% in FNO.
Suggesting Silver & Sugar still to run as commodities
Commodities are the cheapest asset class in the world now: Jim Rogers
https://economictimes.indiatimes.com/markets/expert-view/commodities-are-the-cheapest-asset-class-in-the-world-now-jim-rogers/articleshow/82627407.cms
Download Economic Times App to stay updated with Business News -
https://etapp.onelink.me/tOvY/135dde21
Commodities are the cheapest asset class in the world now: Jim Rogers
https://economictimes.indiatimes.com/markets/expert-view/commodities-are-the-cheapest-asset-class-in-the-world-now-jim-rogers/articleshow/82627407.cms
Download Economic Times App to stay updated with Business News -
https://etapp.onelink.me/tOvY/135dde21
The Economic Times
Commodities are the cheapest asset class in the world now: Jim Rogers
"If you can find the right shares that are cheap and that have not moved, you will probably make a lot of money. But commodities are the cheapest asset class in the world right now," says Jim Rogers.
*Corporate Results*
*Results Monday* – Bharti Airtel, Colgate, Federal Bank, Gland Pharma, GNFC, IndoCount, MRPL, Orient Cement, Shakti Pumps, Sun Pharma Advance and Wabco India
*Results Tuesday* – Aarti Industries, Abbott India, Bridage Enterprises, Canara Bank, century Enka, Glaxo Smithkline Pharma, Jindal Hisar, JSL Industries, Jyothi Labs, Manppuram Finnace, Minda Corp, PI Industries, Route Mobile, Tata Motor, Torrent Pharma and Ujjivan Samll Finance
*Results Wednesday* – Endurance Tech, Heritage Food, Indiabull Housing, IOC, jk Tyre, Man Infra, Mas Financial, Prism Cement and SML Isuzu
*Results Thursday* – Bosch, Emkay Global, Havell’s India, HPCL, Jk Lakshmi Cement, KNR Construction, Torrent Power, Relaxo Foot Wear and Zee Entertainment
*Results Friday –* Birla Soft, CG Consumers, Container Corpoation, Dhanuka Agritech, Dr Lal Path Labs, Hindalco, SBI, Shoppers Stop, Shree Cement, South India Bank and United Spirits
*Results Saturday* – Amaraja Batteries, Amber Enterprises, Mangalam Cement, Sarda Energy
*Results Monday* – Bharti Airtel, Colgate, Federal Bank, Gland Pharma, GNFC, IndoCount, MRPL, Orient Cement, Shakti Pumps, Sun Pharma Advance and Wabco India
*Results Tuesday* – Aarti Industries, Abbott India, Bridage Enterprises, Canara Bank, century Enka, Glaxo Smithkline Pharma, Jindal Hisar, JSL Industries, Jyothi Labs, Manppuram Finnace, Minda Corp, PI Industries, Route Mobile, Tata Motor, Torrent Pharma and Ujjivan Samll Finance
*Results Wednesday* – Endurance Tech, Heritage Food, Indiabull Housing, IOC, jk Tyre, Man Infra, Mas Financial, Prism Cement and SML Isuzu
*Results Thursday* – Bosch, Emkay Global, Havell’s India, HPCL, Jk Lakshmi Cement, KNR Construction, Torrent Power, Relaxo Foot Wear and Zee Entertainment
*Results Friday –* Birla Soft, CG Consumers, Container Corpoation, Dhanuka Agritech, Dr Lal Path Labs, Hindalco, SBI, Shoppers Stop, Shree Cement, South India Bank and United Spirits
*Results Saturday* – Amaraja Batteries, Amber Enterprises, Mangalam Cement, Sarda Energy
*F&O BAN*
*New in Ban*-SAIL
*Still in Ban:* BHEL, CADILAHC, CANBK, PNB, SUNTV
*SBI *
Q4 And FY21 Results Boardmeet on 21-May (This Friday)
*TEXMACO RAIL*
Board Approves Raising Rs 175 Crores Via Rights Issue
*CHEVIOT COMPANY*
Q4 – YoY 🙂
Revenues Up 36% from Rs 115 Crores to Rs 157 Crores
PAT Up from Rs 3.5 Crores to Rs 25.6 Crores
Board recommends Special Dividend of Rs 175/ Share
Aggregating Rs 110 Crores
*MAX_VENTURES_AND_INDUSTRIES*
Subsidiary Max Speciality Films to invest upto Rs 50 Crores in a new CPP Line which will have a capacity of 7.2 KTPA (Kilo Tonnes Per Annum)
To be funded via Internal Accruals
*ROSSELL INDIA*
Elara India Opportunities Fund
➖ Sold 3 Lakh Shares On NSE
➖ Sold 2.15 Lakh Shares On BSE
*YAARII DIGITAL INTEGRATED SERVICES *
➕ Morgan Stanley Singapore Bought 9.5 Lakh Shares ➕ BNP Paribas Arbitrage Bought 10 Lakh Shares
➖ TMIF Holdings Sold This Chunk
CMP = Rs 91.5
Year Highs of Rs 182
*New in Ban*-SAIL
*Still in Ban:* BHEL, CADILAHC, CANBK, PNB, SUNTV
*SBI *
Q4 And FY21 Results Boardmeet on 21-May (This Friday)
*TEXMACO RAIL*
Board Approves Raising Rs 175 Crores Via Rights Issue
*CHEVIOT COMPANY*
Q4 – YoY 🙂
Revenues Up 36% from Rs 115 Crores to Rs 157 Crores
PAT Up from Rs 3.5 Crores to Rs 25.6 Crores
Board recommends Special Dividend of Rs 175/ Share
Aggregating Rs 110 Crores
*MAX_VENTURES_AND_INDUSTRIES*
Subsidiary Max Speciality Films to invest upto Rs 50 Crores in a new CPP Line which will have a capacity of 7.2 KTPA (Kilo Tonnes Per Annum)
To be funded via Internal Accruals
*ROSSELL INDIA*
Elara India Opportunities Fund
➖ Sold 3 Lakh Shares On NSE
➖ Sold 2.15 Lakh Shares On BSE
*YAARII DIGITAL INTEGRATED SERVICES *
➕ Morgan Stanley Singapore Bought 9.5 Lakh Shares ➕ BNP Paribas Arbitrage Bought 10 Lakh Shares
➖ TMIF Holdings Sold This Chunk
CMP = Rs 91.5
Year Highs of Rs 182
*SGX Nifty +82 pts (14800) from last trade 14718*
Nikkei -153 pts,
Hangseng +103 pts,
Now @6.52am.
Dow +360.68 pts ,Nsdq +304.99 pts, S&P +61.35 pts, Bovespa +1174 pts , Ftse +80 pts , Dax +216 pts , Cac +96 pts , Crude @ $65.38 brl (-0.01), Brent @ $68.68 brl (-0.03) , Gold @ 1844.40 (+6.60), Silver @ $27.47 (+0.10), Euro @ $1.2132, JPY @ $109.41 INR @ 73.295
*Today's Corporate Action*
*17th May Ex Date*
OFSS
Interim Dividend - Rs. - 200.0000
*Today's Key Results/Board Meetings*
*17-May-21*
3IINFOTECH
Audited Results
ASITCFIN
Audited Results
ATVPR
A.G.M.; Audited Results
BHARTIARTL
Audited Results
BUTTERFLY
Audited Results
COLPAL
Audited Results
CYBELEIND
General
FEDERALBNK
Final Dividend;
Audited Results
GLAND
Audited Results
GNFC
Audited Results; Dividend
GOKULAGRO
Audited Results
GRSE
Audited Results;
Final Dividend;
Quarterly Results
ICIL
Audited Results; Final Dividend
MRPL
Audited Results
NALINLEA
Audited Results
NUTRICIRCLE
Audited Results; General
ORIENTCEM
Audited Results; Final Dividend
PPL
Audited Results; Final Dividend
RBL
Audited Results; Dividend
SBECSYS
Audited Results
SHAKTIPUMP
Dividend; Quarterly Results
SPARC
Audited Results
SUBEX
Audited Results; Final Dividend
SURAJLTD
Audited Results
SVGLOBAL
General
VIKASLIFE
Rights Issue
WABCOINDIA
Audited Results; Final Dividend
*Stock under F&O ban on NSE*
*17-May-21*
1BHEL
2CADILAHC
3CANBK
4PNB
5SAIL
6SUNTV
Nikkei -153 pts,
Hangseng +103 pts,
Now @6.52am.
Dow +360.68 pts ,Nsdq +304.99 pts, S&P +61.35 pts, Bovespa +1174 pts , Ftse +80 pts , Dax +216 pts , Cac +96 pts , Crude @ $65.38 brl (-0.01), Brent @ $68.68 brl (-0.03) , Gold @ 1844.40 (+6.60), Silver @ $27.47 (+0.10), Euro @ $1.2132, JPY @ $109.41 INR @ 73.295
*Today's Corporate Action*
*17th May Ex Date*
OFSS
Interim Dividend - Rs. - 200.0000
*Today's Key Results/Board Meetings*
*17-May-21*
3IINFOTECH
Audited Results
ASITCFIN
Audited Results
ATVPR
A.G.M.; Audited Results
BHARTIARTL
Audited Results
BUTTERFLY
Audited Results
COLPAL
Audited Results
CYBELEIND
General
FEDERALBNK
Final Dividend;
Audited Results
GLAND
Audited Results
GNFC
Audited Results; Dividend
GOKULAGRO
Audited Results
GRSE
Audited Results;
Final Dividend;
Quarterly Results
ICIL
Audited Results; Final Dividend
MRPL
Audited Results
NALINLEA
Audited Results
NUTRICIRCLE
Audited Results; General
ORIENTCEM
Audited Results; Final Dividend
PPL
Audited Results; Final Dividend
RBL
Audited Results; Dividend
SBECSYS
Audited Results
SHAKTIPUMP
Dividend; Quarterly Results
SPARC
Audited Results
SUBEX
Audited Results; Final Dividend
SURAJLTD
Audited Results
SVGLOBAL
General
VIKASLIFE
Rights Issue
WABCOINDIA
Audited Results; Final Dividend
*Stock under F&O ban on NSE*
*17-May-21*
1BHEL
2CADILAHC
3CANBK
4PNB
5SAIL
6SUNTV
Money Market Update
The rupee ended at 73.28 against the U.S. dollar on Friday as compared to Wednesday's closing of 73.42.
The rupee ended at 73.28 against the U.S. dollar on Friday as compared to Wednesday's closing of 73.42.
Trading Tweaks
Ex-Date Interim Dividend: Oracle Financial Services Software
Price Band Revised From 10% To 5%: Neuland Laboratories
Price Band Revised From 20% To 10%: Chaman Lal Setia Exports
Move Into Short-Term ASM Framework: Jaiprakash Power Ventures
Move Out Of Short-Term ASM Framework: Bajaj Hindusthan Sugar, Nalwa Sons Investments
Move Into ASM Framework: Bajaj Hindusthan Sugar, Nalwa Sons Investments, Tata Steel BSL, Dalmia Bharat Sugar and Industries
Move Out Of ASM Framework: Gravita India, Linde India, Action Construction Equipment, JBM Auto, Punjab Chemicals & Crop Protection, Vertoz Advertising, Bajaj Electricals
Ex-Date Interim Dividend: Oracle Financial Services Software
Price Band Revised From 10% To 5%: Neuland Laboratories
Price Band Revised From 20% To 10%: Chaman Lal Setia Exports
Move Into Short-Term ASM Framework: Jaiprakash Power Ventures
Move Out Of Short-Term ASM Framework: Bajaj Hindusthan Sugar, Nalwa Sons Investments
Move Into ASM Framework: Bajaj Hindusthan Sugar, Nalwa Sons Investments, Tata Steel BSL, Dalmia Bharat Sugar and Industries
Move Out Of ASM Framework: Gravita India, Linde India, Action Construction Equipment, JBM Auto, Punjab Chemicals & Crop Protection, Vertoz Advertising, Bajaj Electricals
Stocks To Watch
Adani Green Energy: In advanced talks for SoftBank-backed SB Energy. The company's offer could value SB Energy at over $650 million. Adani Green is exploring a buyout of the renewable energy company through an all-stock deal. A deal could help Adani Green to reach its planned generation capacity of 25 gigawatts by 2025.
Hero MotoCorp: To restart production at three of its plants –Gurugram and Dharuhera in Haryana and at Haridwar in Uttarakhand – from today. The company had halted the plant operations temporarily in a staggered manner from April 22 to May 16.
Bata India: Has appointed Gunjan Shah as CEO and Whole-time Director with effect from June 21. Shah will replace Sandeep Kataria who has been elevated as the Global CEO of Bata Brands.
Wipro: Has appointed Tulsi Naidu as Independent Director on the board for a period of 5 years, effective July 1, subject to the approval of shareholders.
PNB: Approved closure of QIP on May 14 and issue a price of Rs 33.75 per share. The issue price is at a discount of 4.96% to the floor price of Rs 35.51 per share.
HPCL: Approved closure of buyback on May 14. The company has bought back 10.52 crore shares at a volume-weighted average price of Rs 227.76 per share for an aggregate amount of Rs 2,397 crore.
Nifty Earnings: Bharti Airtel
Non-Nifty Earnings: Colgate-Palmolive (India), 3i Infotech, Butterfly Gandhimathi Appliances, Federal Bank, Gland Pharma, Gujarat Narmada Valley Fertilizers & Chemicals, Garden Reach Shipbuilders & Engineers, Indo Count Industries, Mangalore Refinery & Petrochemicals, Orient Cement, Rane Brake Lining, Shakti Pumps (India), Sun Pharma Advanced Research Company, Subex, Wabco India, Aarti Industries
Adani Green Energy: In advanced talks for SoftBank-backed SB Energy. The company's offer could value SB Energy at over $650 million. Adani Green is exploring a buyout of the renewable energy company through an all-stock deal. A deal could help Adani Green to reach its planned generation capacity of 25 gigawatts by 2025.
Hero MotoCorp: To restart production at three of its plants –Gurugram and Dharuhera in Haryana and at Haridwar in Uttarakhand – from today. The company had halted the plant operations temporarily in a staggered manner from April 22 to May 16.
Bata India: Has appointed Gunjan Shah as CEO and Whole-time Director with effect from June 21. Shah will replace Sandeep Kataria who has been elevated as the Global CEO of Bata Brands.
Wipro: Has appointed Tulsi Naidu as Independent Director on the board for a period of 5 years, effective July 1, subject to the approval of shareholders.
PNB: Approved closure of QIP on May 14 and issue a price of Rs 33.75 per share. The issue price is at a discount of 4.96% to the floor price of Rs 35.51 per share.
HPCL: Approved closure of buyback on May 14. The company has bought back 10.52 crore shares at a volume-weighted average price of Rs 227.76 per share for an aggregate amount of Rs 2,397 crore.
Nifty Earnings: Bharti Airtel
Non-Nifty Earnings: Colgate-Palmolive (India), 3i Infotech, Butterfly Gandhimathi Appliances, Federal Bank, Gland Pharma, Gujarat Narmada Valley Fertilizers & Chemicals, Garden Reach Shipbuilders & Engineers, Indo Count Industries, Mangalore Refinery & Petrochemicals, Orient Cement, Rane Brake Lining, Shakti Pumps (India), Sun Pharma Advanced Research Company, Subex, Wabco India, Aarti Industries
Economic Times
Business Standard
Ø Cairn identifies $70 bn Indian assets for seizing to recover amount due from govt
Ø India's once-in-a-century budget runs into trouble as virus strikes back
Ø Airtel counters Jio, rolls out offers for low-income users
Ø RBI raises concerns over dual microfinance regulation in Assam
Ø SBI to sell three NPA accounts next month for recovery of over Rs 235 crore
Ø New rules for taxing MNCs' welfare expenses
Ø India's Oil demand shrinks further as coronavirus crisis persists
Ø Adani Green in advanced talks for SoftBank-backed SB Energy: Report
Ø Defaulters seek generous bailouts like Siva-IDBI Bank one-time settlement
Ø M-cap of eight most valued India companies falls Rs 1.13 trillion
Ø Hester in talks with Bharat Biotech to produce Covaxin via tech transfer
Ø Swiss Parliament panel to discuss Credit Suisse billion-dollar scandal
Business Line
Mint
Ø CBIC rolls out ‘Special GST Refund Disposal Drive’
Ø HLL Biotech may soon find suitor to produce vaccine
Ø We Founder Circle to invest up to $150,000 in 40 start-ups in FY22
Ø Over 1.3 million blue-collar jobs up for grabs in India
Ø PNB raises ₹ 1,800 crore via QIP offering
Ø Strong demand, low base boost India Inc’s earnings growth in Q4
Ø Hero MotoCorp ready to introduce products in electric segment next year
Ø AT&T is in talks to combine content assets with Discovery
Ø Amazon partners with sellers to supply oxygen concentrators to Indian customers
Ø Macrotech to double its investment in construction to ₹2,800 crore in FY22
Ø Tesla may have to hold its big hoard of Bitcoin for decades
Financial Express
Business World
Ø Economic recovery losing steam, GDP growth may be below 9% in FY22 due to 2nd COVID wave: Survey
Ø Truck rentals drop by 5-7% in past fortnight as Covid lockdowns hit production
Ø Aditya Birla Capital Posts Highest-ever Quarterly Net Profit Of Rs 375 Cr
Ø Penna Cement Files Rs 1,550-Cr IPO Papers With Sebi
Business Standard
Ø Cairn identifies $70 bn Indian assets for seizing to recover amount due from govt
Ø India's once-in-a-century budget runs into trouble as virus strikes back
Ø Airtel counters Jio, rolls out offers for low-income users
Ø RBI raises concerns over dual microfinance regulation in Assam
Ø SBI to sell three NPA accounts next month for recovery of over Rs 235 crore
Ø New rules for taxing MNCs' welfare expenses
Ø India's Oil demand shrinks further as coronavirus crisis persists
Ø Adani Green in advanced talks for SoftBank-backed SB Energy: Report
Ø Defaulters seek generous bailouts like Siva-IDBI Bank one-time settlement
Ø M-cap of eight most valued India companies falls Rs 1.13 trillion
Ø Hester in talks with Bharat Biotech to produce Covaxin via tech transfer
Ø Swiss Parliament panel to discuss Credit Suisse billion-dollar scandal
Business Line
Mint
Ø CBIC rolls out ‘Special GST Refund Disposal Drive’
Ø HLL Biotech may soon find suitor to produce vaccine
Ø We Founder Circle to invest up to $150,000 in 40 start-ups in FY22
Ø Over 1.3 million blue-collar jobs up for grabs in India
Ø PNB raises ₹ 1,800 crore via QIP offering
Ø Strong demand, low base boost India Inc’s earnings growth in Q4
Ø Hero MotoCorp ready to introduce products in electric segment next year
Ø AT&T is in talks to combine content assets with Discovery
Ø Amazon partners with sellers to supply oxygen concentrators to Indian customers
Ø Macrotech to double its investment in construction to ₹2,800 crore in FY22
Ø Tesla may have to hold its big hoard of Bitcoin for decades
Financial Express
Business World
Ø Economic recovery losing steam, GDP growth may be below 9% in FY22 due to 2nd COVID wave: Survey
Ø Truck rentals drop by 5-7% in past fortnight as Covid lockdowns hit production
Ø Aditya Birla Capital Posts Highest-ever Quarterly Net Profit Of Rs 375 Cr
Ø Penna Cement Files Rs 1,550-Cr IPO Papers With Sebi
KEERTHI: Do Not Miss. Buy before Q4
➡️Looking at blockbuster Q4 from cement Industry, Keerthi Industries can report Rs 10 EPS for Q4FY21 Vs 61 lakh Loss in Q4FY20
*Cheapest Cement Stock:* Keerthi Industries.BSE 518011
Target: ₹200+
✅Stock tdg @ 3.3xFY21 EPS. Promoter 74.92%. Zero pledge
✅ 9mFY21 EPS 19.12
Cement division operates under the brand Suvarna cements in *South India* (Cement prices & demand highest in South India). This segment comprises 90% of the revenue. With boom in cement sector (this is not pent up demand but is sustainable and will continue to grow), this is our top pick.
*Prospects:*
Promoters have acquired 😱 *150 acres land*😱 (Yes, you heard it right, 150 acres) to venture in the sugar sector.
An integrated sugar project of 3,500 TCD with 26 MW cozen power plant, 50 KLPD distillery is being set up in Karnataka and have received in principle approval and various clearances and work is *already in progress*
*Financials:*
BV: ₹87
Equity: 8Cr
Market cap: ₹73Cr
TTM turnover: ₹210Cr
Promoters holding: 74.92%
____________________________
*Q2+Q3:* YoY (FY21 vs FY20) comparison:
NP ₹15.33 cr🔥 vs (₹6.45)
EPS ₹19.12 vs (₹8.04) YoY
EBITDA ₹28.25 cr vs (₹3.16 cr)
____________________________
➡️Looking at blockbuster Q4 from cement Industry, Keerthi Industries can report Rs 10 EPS for Q4FY21 Vs 61 lakh Loss in Q4FY20
*Cheapest Cement Stock:* Keerthi Industries.BSE 518011
Target: ₹200+
✅Stock tdg @ 3.3xFY21 EPS. Promoter 74.92%. Zero pledge
✅ 9mFY21 EPS 19.12
Cement division operates under the brand Suvarna cements in *South India* (Cement prices & demand highest in South India). This segment comprises 90% of the revenue. With boom in cement sector (this is not pent up demand but is sustainable and will continue to grow), this is our top pick.
*Prospects:*
Promoters have acquired 😱 *150 acres land*😱 (Yes, you heard it right, 150 acres) to venture in the sugar sector.
An integrated sugar project of 3,500 TCD with 26 MW cozen power plant, 50 KLPD distillery is being set up in Karnataka and have received in principle approval and various clearances and work is *already in progress*
*Financials:*
BV: ₹87
Equity: 8Cr
Market cap: ₹73Cr
TTM turnover: ₹210Cr
Promoters holding: 74.92%
____________________________
*Q2+Q3:* YoY (FY21 vs FY20) comparison:
NP ₹15.33 cr🔥 vs (₹6.45)
EPS ₹19.12 vs (₹8.04) YoY
EBITDA ₹28.25 cr vs (₹3.16 cr)
____________________________
*Bank of Maharashtra* - Q4FY21 Earnings Update
*_Exemplary Performance_*
Key Highlights
▫️Net Interest Income up by 35% to 1383cr vs 1023cr YoY
▫️Net Interest Margin (NIM) improved to 3.11% as against 2.41% (+70 bps YoY)
▫️Net profit grew by 187% to Rs 165cr vs 58cr YoY
▫️Provision Coverage Ratio (PCR) improved to 90% from 84% (+600bps YoY)
▫️Cost of Funds reduced by 50bps to 3.60% vs 4.10% YoY
▫️Cost of Deposits down significantly to 3.97% vs 4.68% (Big Positive)
▫️Cost to income ratio improved by 1673 basis points to 41%
🚀Total Business at 2,81,659cr vs 2,44,955cr (+15% YoY)
🚀CASA grew to 93,945cr vs 75,475cr (+24% YoY)
🚀CASA ratio at 54% vs 50.3% (+370bps YoY)
💎GNPA at 7.23% vs 12.81% (558bps Improvement)
💎NNPA at 2.48% vs 4.77% (229bps Improvement)
💎Capital Adequacy Ratio improved to 14.5% from 13.5% (+100bps YoY)
*_At a time when most banks are reporting a deterioration in Earnings and Asset quality, Bank of Maharashtra has reported Stellar performance on every parameter_ .*
*_Performance has improved significantly and will only keep getting better with ever increasing Digital footprint for the bank_*
*_Exemplary Performance_*
Key Highlights
▫️Net Interest Income up by 35% to 1383cr vs 1023cr YoY
▫️Net Interest Margin (NIM) improved to 3.11% as against 2.41% (+70 bps YoY)
▫️Net profit grew by 187% to Rs 165cr vs 58cr YoY
▫️Provision Coverage Ratio (PCR) improved to 90% from 84% (+600bps YoY)
▫️Cost of Funds reduced by 50bps to 3.60% vs 4.10% YoY
▫️Cost of Deposits down significantly to 3.97% vs 4.68% (Big Positive)
▫️Cost to income ratio improved by 1673 basis points to 41%
🚀Total Business at 2,81,659cr vs 2,44,955cr (+15% YoY)
🚀CASA grew to 93,945cr vs 75,475cr (+24% YoY)
🚀CASA ratio at 54% vs 50.3% (+370bps YoY)
💎GNPA at 7.23% vs 12.81% (558bps Improvement)
💎NNPA at 2.48% vs 4.77% (229bps Improvement)
💎Capital Adequacy Ratio improved to 14.5% from 13.5% (+100bps YoY)
*_At a time when most banks are reporting a deterioration in Earnings and Asset quality, Bank of Maharashtra has reported Stellar performance on every parameter_ .*
*_Performance has improved significantly and will only keep getting better with ever increasing Digital footprint for the bank_*
*Simran farms: TP 150-200*
Poultry industry doing exceedingly well as evident from Q4 of Venky which has reported NP of 107 Cs Vs Loss of 97 Cr. Means Simran should also report blockbuster Q4. Due to rising demand for non-veg and expanding QSRs, poultry industry and company like SIMRAN has bright prospects
✅ Glance at Venky’s Q4FY21 (YoY comparison as QoQ not suitable for seasonal products):
*Q4FY21* *Q4FY20*
Revenue 941 661
EBITDA 111🚀 (118)
PBT 107🔥 (97)
✅Looking at above, Simran farms Q4 EPS can be easily ₹20-25 (as there should be tax write back as well due to carry forward losses)
Thus, *FY20EEPS: ₹70-75*🔥🔥
*Share trading at just 1.5 PE*😮😮
✅Lifetime high volume: 110,000 shares traded on 10th May at upper circuit. This shows superb numbers coming
Poultry industry doing exceedingly well as evident from Q4 of Venky which has reported NP of 107 Cs Vs Loss of 97 Cr. Means Simran should also report blockbuster Q4. Due to rising demand for non-veg and expanding QSRs, poultry industry and company like SIMRAN has bright prospects
✅ Glance at Venky’s Q4FY21 (YoY comparison as QoQ not suitable for seasonal products):
*Q4FY21* *Q4FY20*
Revenue 941 661
EBITDA 111🚀 (118)
PBT 107🔥 (97)
✅Looking at above, Simran farms Q4 EPS can be easily ₹20-25 (as there should be tax write back as well due to carry forward losses)
Thus, *FY20EEPS: ₹70-75*🔥🔥
*Share trading at just 1.5 PE*😮😮
✅Lifetime high volume: 110,000 shares traded on 10th May at upper circuit. This shows superb numbers coming
KESORAM INDUSTRIES: TP 150
After demerger of Tyre biz, KESORAM industries has 7.25 million ton cement capacity. Subsequent to demerger, GS has taken over entire debt under a structured deal infusing additional funds which has enabled KESORAM to achieve higher production in Q4
Q4FY21~ Company has reported revenue of 806 Cr and NP Rs 71 Cr ( before one off). EBITDA whopping 137 Cr
FY22 can report EBITDA of 500 Cr
HoS There is a possibility of KESORAM getting merged with Ultratech after 12-15 months from now ( when stock price crosses 150)
After demerger of Tyre biz, KESORAM industries has 7.25 million ton cement capacity. Subsequent to demerger, GS has taken over entire debt under a structured deal infusing additional funds which has enabled KESORAM to achieve higher production in Q4
Q4FY21~ Company has reported revenue of 806 Cr and NP Rs 71 Cr ( before one off). EBITDA whopping 137 Cr
FY22 can report EBITDA of 500 Cr
HoS There is a possibility of KESORAM getting merged with Ultratech after 12-15 months from now ( when stock price crosses 150)
Natraj proteins Ltd: MOST UNDERVALUED. HIGH CONVCTION
Target: 90
✅ Edible Oil prices have touched All Time High. If oil prices don't decline, Natraj Proteins can be even 200 in 2 years
Play out the edible oil theme with this potential mulitbagger
Stock can easily triple from here, just look at the fundamentals👇
Book value: 86 (Tdg just @0.38 book)
*Market cap just 12 Cr😵 as against Q3 sales of 46Cr (FY22E sales: 180Cr)*
Q3FY21 EPS: ₹6.9🔥🔥🔥
With edible oil prices up further in Q4 and rising demand, we estimate Q4 EPS of ₹8-10
FY22EEPS: ₹25
Considering the above factors, company can easily have market cap of ₹40-50 cr (As against currently ₹12 cr)
Target: 90
✅ Edible Oil prices have touched All Time High. If oil prices don't decline, Natraj Proteins can be even 200 in 2 years
Play out the edible oil theme with this potential mulitbagger
Stock can easily triple from here, just look at the fundamentals👇
Book value: 86 (Tdg just @0.38 book)
*Market cap just 12 Cr😵 as against Q3 sales of 46Cr (FY22E sales: 180Cr)*
Q3FY21 EPS: ₹6.9🔥🔥🔥
With edible oil prices up further in Q4 and rising demand, we estimate Q4 EPS of ₹8-10
FY22EEPS: ₹25
Considering the above factors, company can easily have market cap of ₹40-50 cr (As against currently ₹12 cr)
GM jsk stock in news drl, apollohos,zensar,lnt, balkrishan ins, Bombay Burma,chevlot,jsk,vimta,texrailsaintgob,kesoram,federalbk,shreecem,Hindalco,rossari,jayantagro,welsupn entp. Negative stocks Justdial Nifty range 14650-14880.
GM jsk stock in news drl, apollohos,zensar,lnt, balkrishan ins, Bombay Burma,chevlot,jsk,vimta,texrailsaintgob,kesoram,federalbk,shreecem,Hindalco,rossari,jayantagro,welsupn entp. Negative stocks Justdial Nifty range 14650-14880.