Apar Industries, which makes conductors, Cables, Speciality Oil and Lubricants and exports to 100 countries has notched 58% higher Q3 EPS of Rs 21.6 and may post FY21 EPS of Rs 48. A reasonable P/E of 15x can take its share price to Rs 720 in the medium term. Buy.
Integrated steel manufacturer, Sarda Energy, has approved the expansion of ferroalloys of 36 MVA (50,000 TPA) and notched 532% higher Q4 EPS of Rs 38.7 and 197% higher FY21 EPS of Rs 104. Buy for 50% gain.
Manaksia Ltd. is into sponge iron, value added steel products for automobile and construction, pilfer proof (PP) closures used for liquor, FMCG and pharmaceutical sectors and aluminum rolled products in coil & sheet forms has notched 176% higher Q3 EPS of Rs 4 and 9MFY21 EPS of Rs 9.3 and paid FY20 dividend of Rs 10.5 on its Rs 2 FV share or 525% is likely to notch FY21 EPS of Rs 15. The share may appreciate by 50% going forward. Buy.
Vindhya Telelinks from the M.P. Birla Group is into cables and EPC business is the cheapest telecom share with a forward P/E of 4.8x on likely FY21 EPS of Rs 180 (9MFY21 EPS: Rs 130). A reasonable P/E of 10x can take its share price to Rs 1800 in the medium-to-long term. Buy.
Jasch Industries into PU, PVC synthetic and PU resin products and machines for automotive upholstery, footwear, leather, technical garments, healthcare, etc. has expanded its PVC coated fabrics capacity and posted 119% higher Q3 EPS of Rs 3.5 and 111% higher 9MFY21EPS of Rs 5.7 and may post FY21 EPS of Rs 10 and Rs 14 in FY22. Buy for 40% appreciation.
Century Enka from the BK Birla Group has approved capex of Rs.240 cr. to strengthen its position in the tyre reinforcement market by modernization of plant and augmenting capacity by ~30% and Rs.23 cr. for expanding the capacity of draw texturized yarn and mother yarn. Having posted Q4 EPS of Rs 22 and FY21 EPS of Rs 32, it is expected to notchFY22 EPS of Rs 50+ Buy for 40% gain.
bs
Integrated steel manufacturer, Sarda Energy, has approved the expansion of ferroalloys of 36 MVA (50,000 TPA) and notched 532% higher Q4 EPS of Rs 38.7 and 197% higher FY21 EPS of Rs 104. Buy for 50% gain.
Manaksia Ltd. is into sponge iron, value added steel products for automobile and construction, pilfer proof (PP) closures used for liquor, FMCG and pharmaceutical sectors and aluminum rolled products in coil & sheet forms has notched 176% higher Q3 EPS of Rs 4 and 9MFY21 EPS of Rs 9.3 and paid FY20 dividend of Rs 10.5 on its Rs 2 FV share or 525% is likely to notch FY21 EPS of Rs 15. The share may appreciate by 50% going forward. Buy.
Vindhya Telelinks from the M.P. Birla Group is into cables and EPC business is the cheapest telecom share with a forward P/E of 4.8x on likely FY21 EPS of Rs 180 (9MFY21 EPS: Rs 130). A reasonable P/E of 10x can take its share price to Rs 1800 in the medium-to-long term. Buy.
Jasch Industries into PU, PVC synthetic and PU resin products and machines for automotive upholstery, footwear, leather, technical garments, healthcare, etc. has expanded its PVC coated fabrics capacity and posted 119% higher Q3 EPS of Rs 3.5 and 111% higher 9MFY21EPS of Rs 5.7 and may post FY21 EPS of Rs 10 and Rs 14 in FY22. Buy for 40% appreciation.
Century Enka from the BK Birla Group has approved capex of Rs.240 cr. to strengthen its position in the tyre reinforcement market by modernization of plant and augmenting capacity by ~30% and Rs.23 cr. for expanding the capacity of draw texturized yarn and mother yarn. Having posted Q4 EPS of Rs 22 and FY21 EPS of Rs 32, it is expected to notchFY22 EPS of Rs 50+ Buy for 40% gain.
bs
Shalimar Paints is very well placed technically and has given a multi-year breakout. Paint industry is faring well and Shalimar came out with good numbers. Buy for a target of Rs.150.
JaiCorp is breaking out from long consolidation with good volumes. Buy for a target of Rs.180.
Can Shemaroo do wonders? The stock is available at a mktcap of just Rs 250 odd cr. v/s Saregama with a mktcap of Rs.4000cr. It may well become an acquisition target. Buy on every decline for multi-bagger gains.
RPSG Ventures, holding co. of FirstSource, has a mktcap of just Rs.1000cr v/s FirstSource’s mktcap of Rs.10000cr. This dark horse can give multifold returns.
GOOGLE has rolled out its news showcase and partnered with a number of publishers including HT Media, which trades cheap at Rs.22 and can give a quick 50% returns.
HSIL, leading manufacturer of sanitaryware, plastic pipes and fittings also manufactures glass containers & PET bottles. It is reported to have secured large orders to manufacture glass vials for Covid-19 vaccines. Buy at every decline.
3i Infotech has applied to the NCLT to reduce its equity capital. According to punters, what happened with Subex can happen with the stock of 3i Infotech!
SV Global Mill’s first land Development plan on 4.5 acres in Bangalore may end with Rs.150cr. profit after 2 yrs. It also has 25 acres prime land in Bangalore and Chennai worth Rs1000cr. Buy with a target of Rs100 in 1 year and for multi-bagger returns later.
DCW Ltd., sole producer of C-PVC, benefits most by the anti-Dumping Duty on its subsidized import, Kotak Securities has invested Rs. 410cr. in co.’s NCD & OCD. The stock may touch Rs.60.
Dish TV India engaged in Direct to Home television and Teleport services has launched DishSMART Hub to access OTT apps. With RoCE of 10.2% and Mcap of Rs. 2375cr., the stock trades at PE of just 3.44x against industry average of 23.6x. The stock may double.
BCL Industries into solvent extraction, edible oil, distillation, ethanol and real estate may post the highest ever FY21 going by peer comparisons. Buy for 50% gain.
Packaging cos. posted excellent Q4FY21 numbers. Hindustan Tin Works may also post mind blowing numbers. With a book value of Rs. 150 and insurance cos. holding 9.83%, expect decent returns in the short term
Ind Swift Laboratories, the largest standalone producer of 32 APIs across 18 therapeutic segments sold in 70+ countries. It has 11 products in pipeline with 4 set to commercialize in FY22. lt may be a multi-bagger of 2022. Buy.
GEE, formerly General Electrodes & Equipment, into welding products, copper and copper alloys has notched 30% higher Q3 EPS of Rs 1.9 (FV Rs 2) and 55% higher 9MFY21 EPS of Rs 3.4, which could lead to an EPS of Rs 5.8 on its small equity of Rs 4.7 cr. The share trading at a forward P/E of 8x can touch Rs 70 on a reasonable P/E of 12.5x.
NDTV, an independent broadcasting network known as NDTV India and NDTV 24×7 has posted 242% higher Q4 EPS of Rs 3.2 (FV Rs 4) and 189% higher FY21 EPS of Rs. 11. A reasonable P/E of 10x can take its share price to Rs 110 in the medium term.
Pitti Engineering, the complete engineering solutions provider has expanded capacity to 46,000 MT for sheet metal components for engineering products and notched 77% higher Q3 EPS of Rs. 2.3 and may post FY21 EPS of Rs 10. A reasonable P/E of 8x can take its share price to Rs 80. Buy.
Universal Starch-Chem produceing liquid glucose and dextrose products for the Food, Pharmaceutical, Textile, Paper & Adhesive industries has notched Q3FY21 EPS of Rs 5.7 and 9MFY21 EPS of Rs 8.6 on its small equity of Rs 4.6 cr., which could lead to FY21 EPS of Rs 15. The share can gain 50%.
Trigyn Technologies contracted by New York Power Authority (NYPA) for comprehensive services including Offshore Development and Maintenance Solution & Services to the IT industry has posted 288% higher Q4 EPS of Rs 4 and 24% higher FY21 EPS of Rs 20.1. A conservative P/E of 7.5x can take its share price to Rs 150 in the medium term. Buy.
JaiCorp is breaking out from long consolidation with good volumes. Buy for a target of Rs.180.
Can Shemaroo do wonders? The stock is available at a mktcap of just Rs 250 odd cr. v/s Saregama with a mktcap of Rs.4000cr. It may well become an acquisition target. Buy on every decline for multi-bagger gains.
RPSG Ventures, holding co. of FirstSource, has a mktcap of just Rs.1000cr v/s FirstSource’s mktcap of Rs.10000cr. This dark horse can give multifold returns.
GOOGLE has rolled out its news showcase and partnered with a number of publishers including HT Media, which trades cheap at Rs.22 and can give a quick 50% returns.
HSIL, leading manufacturer of sanitaryware, plastic pipes and fittings also manufactures glass containers & PET bottles. It is reported to have secured large orders to manufacture glass vials for Covid-19 vaccines. Buy at every decline.
3i Infotech has applied to the NCLT to reduce its equity capital. According to punters, what happened with Subex can happen with the stock of 3i Infotech!
SV Global Mill’s first land Development plan on 4.5 acres in Bangalore may end with Rs.150cr. profit after 2 yrs. It also has 25 acres prime land in Bangalore and Chennai worth Rs1000cr. Buy with a target of Rs100 in 1 year and for multi-bagger returns later.
DCW Ltd., sole producer of C-PVC, benefits most by the anti-Dumping Duty on its subsidized import, Kotak Securities has invested Rs. 410cr. in co.’s NCD & OCD. The stock may touch Rs.60.
Dish TV India engaged in Direct to Home television and Teleport services has launched DishSMART Hub to access OTT apps. With RoCE of 10.2% and Mcap of Rs. 2375cr., the stock trades at PE of just 3.44x against industry average of 23.6x. The stock may double.
BCL Industries into solvent extraction, edible oil, distillation, ethanol and real estate may post the highest ever FY21 going by peer comparisons. Buy for 50% gain.
Packaging cos. posted excellent Q4FY21 numbers. Hindustan Tin Works may also post mind blowing numbers. With a book value of Rs. 150 and insurance cos. holding 9.83%, expect decent returns in the short term
Ind Swift Laboratories, the largest standalone producer of 32 APIs across 18 therapeutic segments sold in 70+ countries. It has 11 products in pipeline with 4 set to commercialize in FY22. lt may be a multi-bagger of 2022. Buy.
GEE, formerly General Electrodes & Equipment, into welding products, copper and copper alloys has notched 30% higher Q3 EPS of Rs 1.9 (FV Rs 2) and 55% higher 9MFY21 EPS of Rs 3.4, which could lead to an EPS of Rs 5.8 on its small equity of Rs 4.7 cr. The share trading at a forward P/E of 8x can touch Rs 70 on a reasonable P/E of 12.5x.
NDTV, an independent broadcasting network known as NDTV India and NDTV 24×7 has posted 242% higher Q4 EPS of Rs 3.2 (FV Rs 4) and 189% higher FY21 EPS of Rs. 11. A reasonable P/E of 10x can take its share price to Rs 110 in the medium term.
Pitti Engineering, the complete engineering solutions provider has expanded capacity to 46,000 MT for sheet metal components for engineering products and notched 77% higher Q3 EPS of Rs. 2.3 and may post FY21 EPS of Rs 10. A reasonable P/E of 8x can take its share price to Rs 80. Buy.
Universal Starch-Chem produceing liquid glucose and dextrose products for the Food, Pharmaceutical, Textile, Paper & Adhesive industries has notched Q3FY21 EPS of Rs 5.7 and 9MFY21 EPS of Rs 8.6 on its small equity of Rs 4.6 cr., which could lead to FY21 EPS of Rs 15. The share can gain 50%.
Trigyn Technologies contracted by New York Power Authority (NYPA) for comprehensive services including Offshore Development and Maintenance Solution & Services to the IT industry has posted 288% higher Q4 EPS of Rs 4 and 24% higher FY21 EPS of Rs 20.1. A conservative P/E of 7.5x can take its share price to Rs 150 in the medium term. Buy.
Moneycontrol.com: Technical View: Nifty forms strong bullish candle, experts say record high in sight.
https://www.moneycontrol.com/news/business/markets/technical-view-nifty-forms-strong-bullish-candle-experts-say-record-high-in-sight-6922871.html
https://www.moneycontrol.com/news/business/markets/technical-view-nifty-forms-strong-bullish-candle-experts-say-record-high-in-sight-6922871.html
Moneycontrol
Technical View: Nifty Forms Strong Bullish Candle, Experts Say Record High In Sight
A dip can be an opportunity to create fresh long positions and traders should go long on dip preferably close to 15,100 by placing a stop below 14,985, Mazhar Mohammad of Chartviewindia said.
All your stocks will not do well.
You only need a few good stocks in your lifetime.
If you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of them goes up big time, you produce a fabulous result. Some stocks go up 20-30% and investors get rid of it and hold on to the dogs. It is like watering the weeds and cutting the flowers. You have to let the big ones make up for your mistakes.
If you looked at 10 companies, you'd find one that's interesting, if you'd look at 20, you'd find two, or if you look at 100, you'll find 10. The person that turns over the most rocks wins the game.
In this business if you're good, you're right 6/10. You're never going to be right 9/10. This is not like pure science where you go, "Aha" and you've got the answer. You have to take a little bit of risk.
Peter Lynch
You only need a few good stocks in your lifetime.
If you have a lot of stocks, some will do mediocre, some will do okay, and if one of two of them goes up big time, you produce a fabulous result. Some stocks go up 20-30% and investors get rid of it and hold on to the dogs. It is like watering the weeds and cutting the flowers. You have to let the big ones make up for your mistakes.
If you looked at 10 companies, you'd find one that's interesting, if you'd look at 20, you'd find two, or if you look at 100, you'll find 10. The person that turns over the most rocks wins the game.
In this business if you're good, you're right 6/10. You're never going to be right 9/10. This is not like pure science where you go, "Aha" and you've got the answer. You have to take a little bit of risk.
Peter Lynch
Vodafone Idea names Reema Jain Chief Digital Officer - Business Line
Vodafone Idea appoints Sanjay Jolly as EVP of Technology, Hub Operations
Tanuja Rai Pradhan joins Vi as head consumer insights
Big tycoons are joining Vodafone from Uniliver, Jio, Ericsson etc
Hope Vodafone will do good in future.
Vodafone Idea appoints Sanjay Jolly as EVP of Technology, Hub Operations
Tanuja Rai Pradhan joins Vi as head consumer insights
Big tycoons are joining Vodafone from Uniliver, Jio, Ericsson etc
Hope Vodafone will do good in future.
Mutual funds fare poorly on skin-in-the-game metric: https://www.thehindubusinessline.com/markets/stock-markets/mutual-funds-fare-poorly-on-skin-in-the-game-metric/article34623575.ece
BusinessLine
Mutual funds fare poorly on skin-in-the-game metric
Insiders hold a piffling 0.13% of the ₹7.93-lakh crore combined assets
╭───────────────────╮
🌄 *Shuboudhaya : 23 MAY 2021*🙏🏻
╰───────────────────╯
*Today's top News*
1. *The Karnataka government has extended lockdown in the state till 6 am on the 7th of June.* Chief Minister BS Yediyurappa said the decision was taken at a high-level meeting with senior officials and ministers. The existing lockdown was to end on the 24th of May. The Karnataka Chief Minister also said the state government has decided to give free treatment for Mucormycosis patients in the government district hospitals.
2. *The Tamil Nadu government on Saturday announced extending the ongoing covid-induced lockdown, slated to end on May 24, by another week.*
3. *COVID-19 curfew extended in Uttar Pradesh till May 31, as active cases decline*
4. *Cyclonic Storm 'Yaas' likely to intensify into very Severe Cyclonic Storm; Cabinet Secretary holds meeting to review preparedness*
5. It is expected to reach the West Bengal and adjoining northern Odisha coasts by Wednesday evening with wind speeds ranging from 155 to 165 kilometres per hour, accompanied by heavy rainfall.
6. *The Indian Coast Guard has initiated extensive pre-emptive measures on the Eastern coast after a low pressure area over North Andaman Sea looks set to intensify into a Cyclonic storm by May 24.*
7. *Himachal CM Jai Ram Thakur launches Home Isolation Kit for COVID-19 patients*
8. Himachal government declares Black Fungus an epidemic, brings in regulations for a year.
9. Delhi Chief Minister Arvind Kejriwal has urged the Central Government to provide adequate doses of Covid vaccines for the continuation of the vaccination drive in the city.
10. *Union Health Ministry has said that the incoming foreign aid to combat COVID-19 is being expeditiously dispatched to the States and Union Territories* . The Centre has been receiving international cooperation of COVID-19 relief medical supplies and equipment since 27th of last month from different countries and organisations.
11. PM Modi has expressed grief over the demise of noted Sanskrit scholar Mahamahopadhyay Pandit Reva Prasad Dwivedi (born 1935) is a Sanskrit scholar, poet, writer, teacher, and critic.
12. *Cyclone Tauktae Goa:* Due to the impact of cyclonic winds, power supply at various places in Goa got snapped on Saturday night. As per government record, scores of houses suffered major damages and thousands of trees were uprooted. Loss was 146 crores.
13. *The CBI has given a clean chit to former railway minister and Rashtriya Janata Dal leader Lalu Yadav in a bribery case,* It was alleged that the DLF Group, eyeing rail land lease project in Mumbai's Bandra and upgrade of New Delhi Railway Station project, had bribed the former railway minister with a property in an upscale South Delhi locality.
14. Former Trinamool Congress (TMC) MLA Sonali Guha, who switched over to the BJP ahead of the elections, on Saturday wrote to Chief Minister Mamata Banerjee, apologising to her for leaving the party and urging her to take her back.
15. *ULFA-I released ONGC employee Ritul Saikia a week after its chief Paresh Baruah announced a unilateral ceasefire keeping in view the Covid pandemic.*
16. *Bollywood Hit movie Hum Aapke Hain Koun music director Raam Laxman dies* :Popular music composer Vijay Patil, better known as Raam Laxman passed away in the wee hours of Saturday in Nagpur after a brief illness. He was 79.
17. *A High-level virtual meeting will be convened today with all the States/UT Education Ministers, Education Secretaries and Chairpersons of State Examination Boards and stakeholders to discuss the proposals for the conduct of exams for Class XII and entrance examinations for professional courses.*
18.The National Testing Agency (NTA) and other National exam conducting institutions have also postponed the entrance exams for admissions to professional courses.
19. The Navy's Kashin-class destroyer INS Rajput, the first warship to be fitted with long-range BrahMos missile, was decommissioned on Friday after 41 years of service.
🌄 *Shuboudhaya : 23 MAY 2021*🙏🏻
╰───────────────────╯
*Today's top News*
1. *The Karnataka government has extended lockdown in the state till 6 am on the 7th of June.* Chief Minister BS Yediyurappa said the decision was taken at a high-level meeting with senior officials and ministers. The existing lockdown was to end on the 24th of May. The Karnataka Chief Minister also said the state government has decided to give free treatment for Mucormycosis patients in the government district hospitals.
2. *The Tamil Nadu government on Saturday announced extending the ongoing covid-induced lockdown, slated to end on May 24, by another week.*
3. *COVID-19 curfew extended in Uttar Pradesh till May 31, as active cases decline*
4. *Cyclonic Storm 'Yaas' likely to intensify into very Severe Cyclonic Storm; Cabinet Secretary holds meeting to review preparedness*
5. It is expected to reach the West Bengal and adjoining northern Odisha coasts by Wednesday evening with wind speeds ranging from 155 to 165 kilometres per hour, accompanied by heavy rainfall.
6. *The Indian Coast Guard has initiated extensive pre-emptive measures on the Eastern coast after a low pressure area over North Andaman Sea looks set to intensify into a Cyclonic storm by May 24.*
7. *Himachal CM Jai Ram Thakur launches Home Isolation Kit for COVID-19 patients*
8. Himachal government declares Black Fungus an epidemic, brings in regulations for a year.
9. Delhi Chief Minister Arvind Kejriwal has urged the Central Government to provide adequate doses of Covid vaccines for the continuation of the vaccination drive in the city.
10. *Union Health Ministry has said that the incoming foreign aid to combat COVID-19 is being expeditiously dispatched to the States and Union Territories* . The Centre has been receiving international cooperation of COVID-19 relief medical supplies and equipment since 27th of last month from different countries and organisations.
11. PM Modi has expressed grief over the demise of noted Sanskrit scholar Mahamahopadhyay Pandit Reva Prasad Dwivedi (born 1935) is a Sanskrit scholar, poet, writer, teacher, and critic.
12. *Cyclone Tauktae Goa:* Due to the impact of cyclonic winds, power supply at various places in Goa got snapped on Saturday night. As per government record, scores of houses suffered major damages and thousands of trees were uprooted. Loss was 146 crores.
13. *The CBI has given a clean chit to former railway minister and Rashtriya Janata Dal leader Lalu Yadav in a bribery case,* It was alleged that the DLF Group, eyeing rail land lease project in Mumbai's Bandra and upgrade of New Delhi Railway Station project, had bribed the former railway minister with a property in an upscale South Delhi locality.
14. Former Trinamool Congress (TMC) MLA Sonali Guha, who switched over to the BJP ahead of the elections, on Saturday wrote to Chief Minister Mamata Banerjee, apologising to her for leaving the party and urging her to take her back.
15. *ULFA-I released ONGC employee Ritul Saikia a week after its chief Paresh Baruah announced a unilateral ceasefire keeping in view the Covid pandemic.*
16. *Bollywood Hit movie Hum Aapke Hain Koun music director Raam Laxman dies* :Popular music composer Vijay Patil, better known as Raam Laxman passed away in the wee hours of Saturday in Nagpur after a brief illness. He was 79.
17. *A High-level virtual meeting will be convened today with all the States/UT Education Ministers, Education Secretaries and Chairpersons of State Examination Boards and stakeholders to discuss the proposals for the conduct of exams for Class XII and entrance examinations for professional courses.*
18.The National Testing Agency (NTA) and other National exam conducting institutions have also postponed the entrance exams for admissions to professional courses.
19. The Navy's Kashin-class destroyer INS Rajput, the first warship to be fitted with long-range BrahMos missile, was decommissioned on Friday after 41 years of service.
20. *Barge tragegy: 66 dead;* Navy deploys diving teams to look for bodies: The death toll on P305 rose to 66 with the recovery of six more bodies during the day, The Navy also deployed specialised diving teams to boost the search and rescue operations for the barge and the tugboat off the Mumbai coast.
*✈INTERNATIONAL NEWS*
1. *The government of Bangladesh has extended the closure of the land border with India for the movement of passengers till May 31. The decision has been taken in view of the COVID 19 situation in India*
2. *A shipment of 1.2 metric tonne of fresh jackfruit was exported from Tripura to London yesterday.* Jackfruits were sourced from the Tripura based Krishi Sanyoga Agro Producer Company Ltd.
3. US Envoy Daniel B Smith and Delhi Chief Minister Arvind Kejriwal held discussions through video-conferencing on how Delhi and the US can work together to address the COVID-19 pandemic. Both the leaders prayed for the safety of the people in both nations.
*🌎WORLD NEWS🌍*
1. *UN announces release of 22.5 M US Dollars for rising humanitarian needs in Gaza* : The amount includes a 4.5 million Dollars' allocation from the Central Emergency Response Fund (CERF) and up to 18 million Dollars from the Occupied Palestinian Territory Humanitarian Fund.
2. US President Joe Biden has pledged to help organize efforts to rebuild Gaza and said creating a Palestinian state alongside Israel is the only answer to the conflict. Mr. Biden also said he had told the Israelis to stop intercommunal fighting in the flashpoint city of Jerusalem.
3. *China's 1st Mars rover steps out to explore red planet* : China's first Mars rover on Saturday drove down from its landing platform to the Martian surface to start exploring the surface of the red planet.
*🚣🚴🏇🏁🏊Sports:*
1. *Narinder Batra of India was yesterday re-elected as the International Hockey Federation (FIH) President for the second term* after beating Marc Coudron of Belgium by a slender margin of just two votes during the world body's virtual 47th Congress.
2. *Nearly 70% of Japanese firms want the Tokyo Olympics either cancelled or postponed.* But the government and International Olympic Committee have repeatedly said the Games will go ahead.
3. *Football’s world governing body FIFA has been given the mandate to make a feasibility study of hosting the men’s and women’s World Cups every two years instead of its current four-year cycle.*
4. *2022 FIFA under-17 Women’s World Cup to be held in India* :The 2022 FIFA under-17 Women’s World Cup will be held in India from October 11 to 30, 2022.
5. *Member of the Indian contingent at the 1952 Helsinki Olympics, boxer Shakti Mazumdar passed away yesterday after suffering a heart-attack at his home in Kolkata. He was 90* .
6. The Badminton Association of India (BAI) president Himanta Biswa Sarma was on Saturday elected to the BWF council for the period 2021-25.
7. *Palak Kohli, India’s Para-Badminton star made history by becoming the youngest para-badminton player in the world to qualify for Tokyo 2021 Paralympics.* Palak along with her partner, veteran Parul Parmar, has achieved the qualification for the SL3-SU5 Women’s Doubles event.
*USD 72.91 💷GBP 103.17*
_In Itanagar (Arunachal)_
*🥇Gold ₹49,560©10 gm 24 (Krt)*
🥈 *Silver ₹76,400©Kg*
⛽ *Petrol ₹ 86.37*
⛽ *Diesel ₹ 80.87*
*LPG : ₹ 875/14.2 Kg*
*BSE Sensex* 50,540.48
*NIFTY* : 15,175.30
*🇮🇳Facts about India🇮🇳*
*Bachendri Pal* (born on 24 May 1954) is an Indian mountaineer, who in 1984 became the first Indian woman to reach the summit of Mount Everest.
*😀Thought of the day*
The greatest sin is to think that you are weak
*😳Why❓❓❓*
*Why Do We Have Fingerprints And Why Are They Unique?*
Our fingerprints reflect the environment we encountered when our life began. A person’s fingerprints are formed when they are a tiny fetus developing in their mother’s womb. Fingerprints are completely unique to every individual person.
*✈INTERNATIONAL NEWS*
1. *The government of Bangladesh has extended the closure of the land border with India for the movement of passengers till May 31. The decision has been taken in view of the COVID 19 situation in India*
2. *A shipment of 1.2 metric tonne of fresh jackfruit was exported from Tripura to London yesterday.* Jackfruits were sourced from the Tripura based Krishi Sanyoga Agro Producer Company Ltd.
3. US Envoy Daniel B Smith and Delhi Chief Minister Arvind Kejriwal held discussions through video-conferencing on how Delhi and the US can work together to address the COVID-19 pandemic. Both the leaders prayed for the safety of the people in both nations.
*🌎WORLD NEWS🌍*
1. *UN announces release of 22.5 M US Dollars for rising humanitarian needs in Gaza* : The amount includes a 4.5 million Dollars' allocation from the Central Emergency Response Fund (CERF) and up to 18 million Dollars from the Occupied Palestinian Territory Humanitarian Fund.
2. US President Joe Biden has pledged to help organize efforts to rebuild Gaza and said creating a Palestinian state alongside Israel is the only answer to the conflict. Mr. Biden also said he had told the Israelis to stop intercommunal fighting in the flashpoint city of Jerusalem.
3. *China's 1st Mars rover steps out to explore red planet* : China's first Mars rover on Saturday drove down from its landing platform to the Martian surface to start exploring the surface of the red planet.
*🚣🚴🏇🏁🏊Sports:*
1. *Narinder Batra of India was yesterday re-elected as the International Hockey Federation (FIH) President for the second term* after beating Marc Coudron of Belgium by a slender margin of just two votes during the world body's virtual 47th Congress.
2. *Nearly 70% of Japanese firms want the Tokyo Olympics either cancelled or postponed.* But the government and International Olympic Committee have repeatedly said the Games will go ahead.
3. *Football’s world governing body FIFA has been given the mandate to make a feasibility study of hosting the men’s and women’s World Cups every two years instead of its current four-year cycle.*
4. *2022 FIFA under-17 Women’s World Cup to be held in India* :The 2022 FIFA under-17 Women’s World Cup will be held in India from October 11 to 30, 2022.
5. *Member of the Indian contingent at the 1952 Helsinki Olympics, boxer Shakti Mazumdar passed away yesterday after suffering a heart-attack at his home in Kolkata. He was 90* .
6. The Badminton Association of India (BAI) president Himanta Biswa Sarma was on Saturday elected to the BWF council for the period 2021-25.
7. *Palak Kohli, India’s Para-Badminton star made history by becoming the youngest para-badminton player in the world to qualify for Tokyo 2021 Paralympics.* Palak along with her partner, veteran Parul Parmar, has achieved the qualification for the SL3-SU5 Women’s Doubles event.
*USD 72.91 💷GBP 103.17*
_In Itanagar (Arunachal)_
*🥇Gold ₹49,560©10 gm 24 (Krt)*
🥈 *Silver ₹76,400©Kg*
⛽ *Petrol ₹ 86.37*
⛽ *Diesel ₹ 80.87*
*LPG : ₹ 875/14.2 Kg*
*BSE Sensex* 50,540.48
*NIFTY* : 15,175.30
*🇮🇳Facts about India🇮🇳*
*Bachendri Pal* (born on 24 May 1954) is an Indian mountaineer, who in 1984 became the first Indian woman to reach the summit of Mount Everest.
*😀Thought of the day*
The greatest sin is to think that you are weak
*😳Why❓❓❓*
*Why Do We Have Fingerprints And Why Are They Unique?*
Our fingerprints reflect the environment we encountered when our life began. A person’s fingerprints are formed when they are a tiny fetus developing in their mother’s womb. Fingerprints are completely unique to every individual person.
Fingerprint pattern formation consists of two components: developmental and genetic. So even if identical twins are genetically similar, the pressure faced by the fetus in the womb can affect their fingerprints. The print is determined by the relationship between the Epidermis which is the outer skin layer and the underlying of the skin which is called the Dermis.
The various friction ridge patterns are influenced by factors such as blood pressure, the oxygen levels in the blood, both maternal and foetal, the position adopted by the foetus in the womb, so they are unique.
*LEARN Sanskrit*🙏🏻
*सन्तरणक्रीडा* :swimming
💁🏻♂️ *GK TODAY*
Mount K2, is the highest peak of India. ... Mount Kanchenjunga is located at the border of Nepal and Sikkim (India). It is the third highest mountain in the world with an elevation of *8,586* meters
🛕 *VEDIC GYAN*
*Shurpanakha* : Ravan’s sister whose ears and nose were cut by Laxman. Shurpanakha was the main reason for Ravan's death. Actually her husband Vidyujjihva was killed by Ravana, so to take revenge she choose Shri Rama, who can only kill Ravana.
According to Bhramavaivrata Purana, it was written that Surpanakha penanced Brahma to get Rama as her husband in her next birth. Brahma gave her the boon. She was that maiden who served Krishna (the Avatar of Rama or Vishnu) with sincere devotion. Her name was Kubja who had three stoops on her backbone. Shri Krishna made those to disappear and hence she became more beautiful. She was one among Lord Krishna’s wives.
🤔 *How it works* ⁉
A rainbow is caused by sunlight and atmospheric conditions. Light enters a water droplet, slowing down and bending as it goes from air to denser water. The light reflects off the inside of the droplet, separating into its component wavelengths--or colors. When light exits the droplet, it makes a rainbow.
🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*GINGER POWDER*: Just 1–1.5 grams of ginger can help prevent various types of nausea, including chemotherapy-related nausea, nausea after surgery, and morning sickness.
Ginger has been shown to lower blood sugar levels and improve various heart disease risk factors in people with type 2 diabetes.
Ginger appears to be very effective against menstrual pain when taken at the beginning of the menstrual period.
*Regards*
╭───────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰───────────────────╯
The various friction ridge patterns are influenced by factors such as blood pressure, the oxygen levels in the blood, both maternal and foetal, the position adopted by the foetus in the womb, so they are unique.
*LEARN Sanskrit*🙏🏻
*सन्तरणक्रीडा* :swimming
💁🏻♂️ *GK TODAY*
Mount K2, is the highest peak of India. ... Mount Kanchenjunga is located at the border of Nepal and Sikkim (India). It is the third highest mountain in the world with an elevation of *8,586* meters
🛕 *VEDIC GYAN*
*Shurpanakha* : Ravan’s sister whose ears and nose were cut by Laxman. Shurpanakha was the main reason for Ravan's death. Actually her husband Vidyujjihva was killed by Ravana, so to take revenge she choose Shri Rama, who can only kill Ravana.
According to Bhramavaivrata Purana, it was written that Surpanakha penanced Brahma to get Rama as her husband in her next birth. Brahma gave her the boon. She was that maiden who served Krishna (the Avatar of Rama or Vishnu) with sincere devotion. Her name was Kubja who had three stoops on her backbone. Shri Krishna made those to disappear and hence she became more beautiful. She was one among Lord Krishna’s wives.
🤔 *How it works* ⁉
A rainbow is caused by sunlight and atmospheric conditions. Light enters a water droplet, slowing down and bending as it goes from air to denser water. The light reflects off the inside of the droplet, separating into its component wavelengths--or colors. When light exits the droplet, it makes a rainbow.
🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*GINGER POWDER*: Just 1–1.5 grams of ginger can help prevent various types of nausea, including chemotherapy-related nausea, nausea after surgery, and morning sickness.
Ginger has been shown to lower blood sugar levels and improve various heart disease risk factors in people with type 2 diabetes.
Ginger appears to be very effective against menstrual pain when taken at the beginning of the menstrual period.
*Regards*
╭───────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰───────────────────╯
*MONEY TIMES TALK*
_May 23, 2021_
*Escorts* posted over two-fold jump in Q4 NP from Rs.128 cr. to Rs.285.4 cr. (YoY) on strong sale of tractors and construction equipment and FY21 EPS stood at Rs. 92.15, which makes it an excellent buy.
*Cipla* reported a 73% jump in Q4 NP to Rs. 412 cr. on a revenue of Rs. 4606 cr. It is reportedly making drugs to treat the deadly Black fungus. Add.
*Monte Carlo Fashions* had suspended operations due to Covid but has now resumed sales. Its FY21 EPS was good at Rs. 31.98 and a dividend of Rs. 15 has been declared. Add in small quantities.
*An Ahmedabad based analyst recommends to buy BCL Industries Ltd., Central Bank of India, Cochin Minreals Rutile Ltd., Dhunseri Ventures Ltd., Denis Chem Lab, De Nora India Ltd., Hindustan Tin Works Ltd., Ind Swift Laboratories Ltd., Indo Amines Ltd., NCC Ltd., Panasonic Carbon India Co. Ltd., Religare Enterprises and Wockhardt.*
*Aarti Industries*, which had announced a bonus issue, is one of the most valued companies in the specialty chemicals segment. It is reportedly faring extremely well. This investor friendly company must be added.
*Happiest Minds* posted a strong set of Q4FY21 numbers but the share price did not move. Use this opportunity to add before it shoots up.
Linear Alkylbenzene prices are on the rise. The new capacity created by *Rama Phosphate* will add to its growth and profitability. Expected FY21 EPS will be Rs. 20+. Buy.
*HCL Tech* plans to hire 1000 tech professionals in UK to support its clients based there. This signals a rising business trend. Add.
*Natco* has signed agreement with Eli Lilly for its anti-Covid drug in India. Positive for Natco. Add.
*Dr. Reddy’s* will soon make an anti-Covid drug that will reduce oxygen dependency in patients and provide the Company a big business opportunity. Add.
*Gland Pharma’s* Q4 and FY21 results suggest rising profits. The share looks underpriced and can be added for the long term.
*Canara Bank’s* Q4FY21 NP of Rs. 1010 cr. against Q4FY20 loss of Rs. 6567 cr. on the back of lower provisions and raising funds via QIP augurs well. A good long term buy at CMP.
*Astral Ltd.* posted excellent Q4 results as its EPS shot up to Rs. 8.69 from Rs. 2.54 last year. FY21 EPS was a handsome Rs. 20.13 v/s Rs. 12.34 in FY20. The share must be added.
*IndiabullsHousing’s* Q4 profit has doubled to Rs. 276 cr. from Rs. 137 cr. YoY leading to an EPS of Rs. 6.20 v/s Rs. 3.27. An interim dividend of Rs. 9 per share of Rs. 2 has been declared. The share is an excellent investment. Buy.
The recent cyclone Tauktae has blown off the rooftops of many shanties and is a boon in disguise for *Sahyadri Industries* maker of asbestos sheets and other building materials. Its volumes and share price are already rising. Buy.
_May 23, 2021_
*Escorts* posted over two-fold jump in Q4 NP from Rs.128 cr. to Rs.285.4 cr. (YoY) on strong sale of tractors and construction equipment and FY21 EPS stood at Rs. 92.15, which makes it an excellent buy.
*Cipla* reported a 73% jump in Q4 NP to Rs. 412 cr. on a revenue of Rs. 4606 cr. It is reportedly making drugs to treat the deadly Black fungus. Add.
*Monte Carlo Fashions* had suspended operations due to Covid but has now resumed sales. Its FY21 EPS was good at Rs. 31.98 and a dividend of Rs. 15 has been declared. Add in small quantities.
*An Ahmedabad based analyst recommends to buy BCL Industries Ltd., Central Bank of India, Cochin Minreals Rutile Ltd., Dhunseri Ventures Ltd., Denis Chem Lab, De Nora India Ltd., Hindustan Tin Works Ltd., Ind Swift Laboratories Ltd., Indo Amines Ltd., NCC Ltd., Panasonic Carbon India Co. Ltd., Religare Enterprises and Wockhardt.*
*Aarti Industries*, which had announced a bonus issue, is one of the most valued companies in the specialty chemicals segment. It is reportedly faring extremely well. This investor friendly company must be added.
*Happiest Minds* posted a strong set of Q4FY21 numbers but the share price did not move. Use this opportunity to add before it shoots up.
Linear Alkylbenzene prices are on the rise. The new capacity created by *Rama Phosphate* will add to its growth and profitability. Expected FY21 EPS will be Rs. 20+. Buy.
*HCL Tech* plans to hire 1000 tech professionals in UK to support its clients based there. This signals a rising business trend. Add.
*Natco* has signed agreement with Eli Lilly for its anti-Covid drug in India. Positive for Natco. Add.
*Dr. Reddy’s* will soon make an anti-Covid drug that will reduce oxygen dependency in patients and provide the Company a big business opportunity. Add.
*Gland Pharma’s* Q4 and FY21 results suggest rising profits. The share looks underpriced and can be added for the long term.
*Canara Bank’s* Q4FY21 NP of Rs. 1010 cr. against Q4FY20 loss of Rs. 6567 cr. on the back of lower provisions and raising funds via QIP augurs well. A good long term buy at CMP.
*Astral Ltd.* posted excellent Q4 results as its EPS shot up to Rs. 8.69 from Rs. 2.54 last year. FY21 EPS was a handsome Rs. 20.13 v/s Rs. 12.34 in FY20. The share must be added.
*IndiabullsHousing’s* Q4 profit has doubled to Rs. 276 cr. from Rs. 137 cr. YoY leading to an EPS of Rs. 6.20 v/s Rs. 3.27. An interim dividend of Rs. 9 per share of Rs. 2 has been declared. The share is an excellent investment. Buy.
The recent cyclone Tauktae has blown off the rooftops of many shanties and is a boon in disguise for *Sahyadri Industries* maker of asbestos sheets and other building materials. Its volumes and share price are already rising. Buy.
*Crompton Greaves Consumer Electricals Ltd.* | *CMP* Rs. 389 | *M Cap* Rs. 24419 Cr | *52 W H/L* 456/196
(Nirmal Bang Retail Research)
*Result ahead of Expectation*
Revenue from Operations came at Rs. 1522.1 Cr (12.9% QoQ, 48.3% YoY) vs expectation of Rs. 1384.9 Cr, QoQ Rs. 1348.2 Cr, YoY Rs. 1026.3 Cr
EBIDTA came at Rs. 228 Cr (14% QoQ, 61.4% YoY) vs expectation of Rs. 206.1 Cr, QoQ Rs. 200.1 Cr, YoY Rs. 141.2 Cr
EBITDA Margin came at 15% vs expectation of 14.9%, QoQ 14.8%, YoY 13.8%
Adj. PAT came at Rs. 249.1 Cr vs expectation of Rs. 153.2 Cr, QoQ Rs. 151.1 Cr, YoY Rs. 102.1 Cr
Quarter EPS is Rs. 4
Share is trading at P/E of 40.4x FY22E EPS
(Nirmal Bang Retail Research)
*Result ahead of Expectation*
Revenue from Operations came at Rs. 1522.1 Cr (12.9% QoQ, 48.3% YoY) vs expectation of Rs. 1384.9 Cr, QoQ Rs. 1348.2 Cr, YoY Rs. 1026.3 Cr
EBIDTA came at Rs. 228 Cr (14% QoQ, 61.4% YoY) vs expectation of Rs. 206.1 Cr, QoQ Rs. 200.1 Cr, YoY Rs. 141.2 Cr
EBITDA Margin came at 15% vs expectation of 14.9%, QoQ 14.8%, YoY 13.8%
Adj. PAT came at Rs. 249.1 Cr vs expectation of Rs. 153.2 Cr, QoQ Rs. 151.1 Cr, YoY Rs. 102.1 Cr
Quarter EPS is Rs. 4
Share is trading at P/E of 40.4x FY22E EPS
*GODREJ INDUSTRIES LTD.* | *CMP* Rs. 564 | *M Cap* Rs. 18980 Cr | *52 W H/L* 580/245
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 547.6 Cr (8.7% QoQ, 17.5% YoY) vs QoQ Rs. 503.7 Cr, YoY Rs. 466.2 Cr
EBIDTA came at Rs. 24 Cr (-14.1% QoQ, -59.2% YoY) vs QoQ Rs. 27.9 Cr, YoY Rs. 58.7 Cr
EBITDA Margin came at 4.4% vs QoQ 5.5%, YoY 12.6%
Adj. PAT came at Rs. -41.5 Cr vs QoQ Rs. -34.9 Cr, YoY Rs. 1.7 Cr
Quarter EPS is Rs. -1.2
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 547.6 Cr (8.7% QoQ, 17.5% YoY) vs QoQ Rs. 503.7 Cr, YoY Rs. 466.2 Cr
EBIDTA came at Rs. 24 Cr (-14.1% QoQ, -59.2% YoY) vs QoQ Rs. 27.9 Cr, YoY Rs. 58.7 Cr
EBITDA Margin came at 4.4% vs QoQ 5.5%, YoY 12.6%
Adj. PAT came at Rs. -41.5 Cr vs QoQ Rs. -34.9 Cr, YoY Rs. 1.7 Cr
Quarter EPS is Rs. -1.2
*Amara Raja Batteries Ltd.* | *CMP* Rs. 791 | *M Cap* Rs. 13505 Cr | *52 W H/L* 1026/536
(Nirmal Bang Retail Research)
*Result inline with expectation*
Revenue from Operations came at Rs. 2102.7 Cr (7.3% QoQ, 33% YoY) vs expectation of Rs. 1955.2 Cr, QoQ Rs. 1960.1 Cr, YoY Rs. 1581.4 Cr
EBIDTA came at Rs. 316.5 Cr (3.3% QoQ, 30.2% YoY) vs expectation of Rs. 296.8 Cr, QoQ Rs. 306.4 Cr, YoY Rs. 243.2 Cr
EBITDA Margin came at 15.1% vs expectation of 15.2%, QoQ 15.6%, YoY 15.4%
Adj. PAT came at Rs. 189.5 Cr vs expectation of Rs. 170.2 Cr, QoQ Rs. 193.2 Cr, YoY Rs. 136.7 Cr
Quarter EPS is Rs. 11.1
Share is trading at P/E of 18.1x FY22E EPS
(Nirmal Bang Retail Research)
*Result inline with expectation*
Revenue from Operations came at Rs. 2102.7 Cr (7.3% QoQ, 33% YoY) vs expectation of Rs. 1955.2 Cr, QoQ Rs. 1960.1 Cr, YoY Rs. 1581.4 Cr
EBIDTA came at Rs. 316.5 Cr (3.3% QoQ, 30.2% YoY) vs expectation of Rs. 296.8 Cr, QoQ Rs. 306.4 Cr, YoY Rs. 243.2 Cr
EBITDA Margin came at 15.1% vs expectation of 15.2%, QoQ 15.6%, YoY 15.4%
Adj. PAT came at Rs. 189.5 Cr vs expectation of Rs. 170.2 Cr, QoQ Rs. 193.2 Cr, YoY Rs. 136.7 Cr
Quarter EPS is Rs. 11.1
Share is trading at P/E of 18.1x FY22E EPS
Follow this link to join my WhatsApp group: https://chat.whatsapp.com/Ff51vbap0acBt5KhMOgDtT
*Multi Commodity Exchange Of India Ltd.* | *CMP* Rs. 1625 | *M Cap* Rs. 8287 Cr | *52 W H/L* 1875/1097
(Nirmal Bang Retail Research)
*Result inline*
Revenue from Operations came at Rs. 97 Cr (-3.9% QoQ, -7.9% YoY) vs expectation of Rs. 99.9 Cr, QoQ Rs. 100.9 Cr, YoY Rs. 105.3 Cr
EBIDTA came at Rs. 44.2 Cr (-9.1% QoQ, 8.7% YoY) vs expectation of Rs. 46 Cr, QoQ Rs. 48.7 Cr, YoY Rs. 40.7 Cr
EBITDA Margin came at 45.6% vs expectation of 46.1%, QoQ 48.2%, YoY 38.7%
Adj. PAT came at Rs. 38.4 Cr vs expectation of Rs. 50 Cr, QoQ Rs. 71.8 Cr, YoY Rs. 65.5 Cr (QoQ and YoY PAT is lower on account of negative tax and Higher Other Income)
Quarter EPS is Rs. 7.5
Share is trading at P/E of 32.9x FY22E EPS
(Nirmal Bang Retail Research)
*Result inline*
Revenue from Operations came at Rs. 97 Cr (-3.9% QoQ, -7.9% YoY) vs expectation of Rs. 99.9 Cr, QoQ Rs. 100.9 Cr, YoY Rs. 105.3 Cr
EBIDTA came at Rs. 44.2 Cr (-9.1% QoQ, 8.7% YoY) vs expectation of Rs. 46 Cr, QoQ Rs. 48.7 Cr, YoY Rs. 40.7 Cr
EBITDA Margin came at 45.6% vs expectation of 46.1%, QoQ 48.2%, YoY 38.7%
Adj. PAT came at Rs. 38.4 Cr vs expectation of Rs. 50 Cr, QoQ Rs. 71.8 Cr, YoY Rs. 65.5 Cr (QoQ and YoY PAT is lower on account of negative tax and Higher Other Income)
Quarter EPS is Rs. 7.5
Share is trading at P/E of 32.9x FY22E EPS