https://www.thehindubusinessline.com/markets/commodities/q1-indian-tea-price-rises-46/article34452920.ece

*Top pick: Kanco tea:Only BSE*
Target: ₹90
Mcap Tiny considering VAST stretches of tea cultivation land
✅Book value: ₹146😵
✅FY21 9m EPS: ₹43🔥
Market cap: 30Cr vs 9m sales of ₹80cr

✅With tea prices up in Q4, FY21EEPS: ₹45 (Tea companies generally report losses in Q4, however, we estimate much better Q4 YoY with prices and demand both surging)

JK LAKSHMI CEMENT: Q4 CONS NET PROFIT 1.53B RUPEES VS 992M (YOY); EST 930M | 1.14B (QOQ) Q4 REVENUE 14.24B RUPEES VS 11.37B (YOY) CO RECOMMENDED DIVIDEND 3.75 RUPEES PER SHARE

TORRENT POWER: Q4 CONS NET PROFIT 3.97B RUPEES VS LOSS 2.75B (YOY); EST PROFIT 3.4B | PROFIT 3.46B (QOQ) Q4 REVENUE 30.84B RUPEES VS 29.84B (YOY) CO RECOMMENDED FINAL DIVIDEND OF 5.50 RUPEES PER SHARE CO APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES UPTO 20B RUPEES

*Economic Times*
*Business Standard*
Ø  Banks likely to transfer about 80 large NPA accounts to NARCL
Ø  India's top refiner, Indian Oil Corp says will buy Iranian oil if sanctions lifted
Ø  India may impose anti-dumping duty on Phthalic Anhydride imports from China, others
Ø  India cuts 2020-21 sugar export subsidy by 31.4%: Government order
Ø  CFM Asset Reconstruction Company sole bidder for debt laden JBF Industries
Ø  India's HPCL aims to fully start revamped Mumbai refinery by July
Ø  Icra downgrades growth peg of various auto segments due to second wave
Ø  Credit Suisse cuts nominal growth forecast over covid second wave
Ø  Govt aims to bring additional 637,000 hectare under oilseeds this season
Ø  Alembic, Natco, 3 more firms to make anti-black fungus drug: Centre
Ø  United States jobless claims decline to 444,000, a new pandemic low
Ø  RIL seeks NCLT nod for shareholder meeting to approve Future group deal

*Business Line*
*Mint*
Ø  HPCL profit zooms to ₹3,018 crore in Q4
Ø  FM Sitharaman asks CCI to provide regulatory stimulus for India Inc’s revival
Ø  Government notifies final rules for 74% foreign investment in insurance sector
Ø  Bosch Q4 profit jumps five-fold to ₹483 cr
Ø  MRPL acquires 100% stake in ONGC Mangalore
Ø  Kotak Mahindra Bank issues India’s first FPI license to GIFT IFSC AIF
Ø  Societe Generale and Copthall Mauritius buys stake in Indian Energy Exchange
Ø  Mindtree to acquire NxT Digital Business of L&T for Rs198 crore
Ø  Markets slide on Fed minutes concerns, metals crash post China move
Ø  Government to provide incentive schemes to setup display fabs in India
Ø  Bitcoin price bounces after crypto crash shocks market
Ø  Income tax return (ITR) filing deadline extended by 2 months

*Financial Express*
*Business World*
Ø  Retail inflation for farm, rural workers eases marginally in April
Ø  RBI imposes penalty on City Union Bank, 3 other lenders
Ø  RBI mandate: Wallets, cards to be made interoperable
Ø  Zee Entertainment Q4 Profit At Rs 272 Cr
Ø  Rupee Rises 6 Paise To Close At 73.12 Against US Dollar
Ø  Sensex Falls 338 Pts, Nifty Slips Below 15000

*SGX Nifty +125 pts (15063) from last trade 14938*

Nikkei +290 pts
Hangseng +134 pts
Now @6.52am

Dow +188.11 pts ,Nsdq +236.00 pts, S&P +43.44 pts, Bovespa +64 pts , Ftse +69 pts , Dax +256 pts , Cac +81 pts , Crude @ $62.05 brl (-0.00), Brent @ $65.11 brl (+0.00) , Gold @ 1875.90 (-6.00), Silver @ $27.835 (-0.23), Euro @ $1.2226, JPY @ $108.82  INR @ 72.995

*Today's Corporate Action*
*21st May Ex Date*
None

*Today's Key Results/Board Meetings*
*21-May-21*
AARTISURF
Audited Results;
Final Dividend

AFEL
A.G.M.; Audited Results; Issue Of Warrants; General; Quarterly Results

ALLSEC
Audited Results

ANMOL
Audited Results

ANUHPHR
Audited Results;
Final Dividend

BSOFT
Audited Results;
Final Dividend;
Quarterly Results

BTTL
Audited Results

CCL
Audited Results;
Final Dividend

CEINSYSTECH
Audited Results; General

CELEBRITY
Audited Results

CHEMFABALKA
Audited Results;
Final Dividend;
Quarterly Results

CONCOR
General; Audited Results; Final Dividend

CROMPTON
Audited Results;
Final Dividend

DCW
Audited Results

DHANUKA
Audited Results;
Quarterly Results

DHARAMSI
Audited Results; Dividend;
Quarterly Results

ELGIEQUIP
Audited Results

EMMESSA
Audited Results

ESABINDIA
Audited Results; Dividend

GLFL
Audited Results

GODREJIND
Audited Results

GOYALASS
Audited Results

GRPLTD
Audited Results

HINDALCO
Audited Results;
Final Dividend

HITECHCORP
Audited Results; Dividend

ICSL
Audited Results; General

INDTERRAIN
Audited Results

JSWSTEEL
Audited Results; Right Issue of Equity Shares; Final Dividend

KOCL
Audited Results

LALPATHLAB
Audited Results;
Final Dividend

MAYUKH
Audited Results

MEGRISOFT
Audited Results;
Quarterly Results

MNKCMILTD
Audited Results;
Final Dividend

MORARKFI
Audited Results; Dividend

NOVIS
Preferential Issue of shares

RISHIROOP
Audited Results;
Final Dividend; General

RML
Audited Results

SANDHAR
Audited Results;
Final Dividend

SBIN
Audited Results; Dividend

SEACOAST
Audited Results; General;
Quarterly Results

SHOPERSTOP
Audited Results

SHREECEM
Audited Results;
Final Dividend

SOUTHBANK
Audited Results; Dividend

SUPER
Audited Results;
Final Dividend;
Quarterly Results

SURJIND
Audited Results; General

TCIIND
Audited Results

TULASEEBIOE
General

UNITDSPR
Audited Results

XELPMOC
Audited Results

*Stock under F&O ban on NSE*
*21-May-21*
1BHEL
2CADILAHC
3JINDALSTEL
4NATIONALUM
5PNB
6SAIL