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DELTON CABLES 47.5❤️
JTKET - 20%
SHEMAROO - 20%
WHITE ORG - 20%
DYNAMIC CABLES -20%
DOLLAR - 18%
RAMRAT - 13%
DELTON CABLES -13%
HINDCOMPOS 16%
PRECAM - 13%
20MICRONS - 10%
LUXIND -11%
BYKE - 13%
DAMODAR IND - 13%
BASML - 10%
NDGL - 10%
CONCOR - 10%
GABRIEL - 10%
INDOBORAX - 10%
RDBRIL -10%
SMS PHARMA - 10%

STOCK WHICH WERE UP MORE THAN 10% TODAY. POWER OF MARKET WIZARD RESEARCH
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Good Afternoon to all the dear members and my colleagues

In Markets every day we are witnessing consolidation in Nifty and in stocks too.
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Drug major Dr Reddy's Laboratories has earmarked a Capex of around Rs 1,000 crore for the current fiscal as it remains positive about sustaining its growth trends in the current fiscal and beyond, as per a top company official.
The Hyderabad based firm invested about Rs 1,000 crore in the 2020-21 fiscal.
"The Capex will be around the same numbers, maybe a bit higher if everything goes through," Dr Reddy's Laboratories CEO Erez Israeli said in an analyst call.
However, it depends on the COVID-situation that how much the company would be able to put in during the fiscal, he noted.
Bulk Deal & Insider Trade Update
Bulk deal
*Den Networks Ltd : Broad Street Investments (Singapore) Pte. Limited. Sell 4138297 Shares @ Rs. 46.26

*Music Broadcast Limited : Marcellus Investment Managers Pvt Ltd Sell 3129319 Shares @ Rs. 23.14

*Maxhealth : Wf Asian Reconnaissance Fund Ltd Sell 8250000 Shares @ Rs. 227.07

Ashika

Insider Trade
Acquisition
*Mr. Raghav Bahl Revised Promoter & Director Acquisition 5920 shares of Quint Digital Media Ltd on 18-May-21

*GODREJ INDUSTRIES LIMITED Promoter Acquisition 12105 shares of Godrej Agrovet Ltd on 18-May-21

Disposal
*YALAVARTHY USHA RANI Promoter Group Disposal 6000 shares of Solara Active Pharma Sciences Ltd on 20-May-21

*Ms Tabassum Inamdar Director Disposal 74700 shares of Equitas Small Finance Bank Ltd on 20-May-21

*K. B. Sankar Rao Director Disposal 124000 shares of Granules India Ltd.-$ on 20-May-21

*KVS Manian Director Disposal 20000 shares of Kotak Mahindra Bank Ltd. on 14-May-21

*VARUN JAIPURIA Promoter & Director Disposal 1688287 shares of Varun Beverages Ltd

Pledge
*ZUARI AGRO CHEMICALS LIMITED Promoter Pledge 5350000 shares of Mangalore Chemicals & Fertilizers Ltd.

Revoke
*Opelina Sustainable Services Limited Promoter Group Revoke 180000 shares of Jindal Steel & Power Ltd. on 19-May-21

*OPJ Trading Private Limited Promoter Group Revoke 950000 shares of Jindal Steel & Power Ltd. on 20-May-21

*Shanghvi Finance Private Limited Promoter Group Revoke 1514000 shares of Sun Pharmaceutical Industries Ltd.

*SNEHA GARDENS PRIVATE LIMITED Promoter Group Revoke 496000 shares of Emami Ltd.

*ZUARI AGRO CHEMICALS LIMITED Promoter Revoke 695000 shares of Mangalore Chemicals & Fertilizers Ltd. on 17-May-21
Ashika

Dividend Update
*Kennametal India Ltd. Interim Dividend Rs. 20 Ex Date 24-May-2021
*Welspun India Ltd. Dividend Rs. 0.15 Ex Date 24-May-2021
*Britannia Industries Ltd. Dividend Rs. 12.5 Ex Date 25-May-2021
*Tata Consultancy Services Ltd. Final Dividend Rs. 15 Ex Date 25-May-2021
*Trident Ltd. Final Dividend Rs. 0.36 Ex Date 25-May-2021
*Avantel Ltd. Final Dividend Rs. 4 Ex Date 27-May-2021
*Cigniti Technologies Ltd. Final Dividend Rs. 2.5 Ex Date 27-May-2021
*Indiabulls Housing Finance Ltd. Interim Dividend Rs. 9 Ex Date 28-May-2021
*JM Financial Ltd. Dividend Rs. 0.5 Ex Date 28-May-2021
*Tata Coffee Ltd. Dividend Rs. 1.5 Ex Date 28-May-2021
BSE timeline for market cap;

US$ 125 billion: March 2002
US$ 500 billion: Aug 2005
US$ 1 trillion: 28 May 2007
US$ 1.5 trillion: 6 June 2014 (2566 Days)
US$ 2 trillion: 10 July 2017 (1130 Days)
US$ 2.5 trillion: 16 Dec 2020 (1255 Days)
US$ 3 trillion: 24 May 2021 (159 Days)
India Cement First Cut – Ebitda and Ebitda margin marginally below expectation

·   Q4 Net profit Rs71.6cr vs loss Rs111cr (YoY)- expectation Net Profit Rs59.5cr

·   Ebitda margin 13.8% vs 5.9% (YoY)- expectation 16%

·   Ebitda Rs200.5cr (up 196% YoY) – expectation Rs208cr

·   Income Rs1450cr (up 25.8% YoY) – expectation Rs1301cr
Concern
Last 5 years topline and bottomlline was in single digit. As compare with other chemical sector companies like Deepak Nitrate, Alkyl Amines ROE and ROCE is much lessor.

Disclaimer: Views are shared based on market research and study and personal in nature. Others can take the different view and opinions. Please do the thoroughly study before enter or exit the shares.
RD Stock (“High Returns with Low Risk is the Key”)
Balaji Amines - Q4FY21 (Audited – Cons)
CMP: 2,900

Revenue from operations 414 Crs
258 Cr (60.41%) YoY | 392 Cr (5.68%) QoQ

Year ending revenue: 1,311 Cr Vs. 936 Cr (40.61%)

Net Profit of 88.9 Cr
29.5 Cr (201.51%) YoY 78.9 Cr (12.63%) QoQ

Year ending Net profit: 244 Cr Vs. 97.5 Cr (150.84%)

EPS (in Rs.) 26.08
9.51 YoY | 23.14 QoQ

Year ending EPS: 73.5 Vs. 32.3

View: Result is overall good. YoY and QoQ revenue and profit both have up. Margin also improved in this quarter.

Business Updates & Highlights

EBITDA (Cons.) in Q4FY21 was around INR 128.7 Cr Vs. 55.6 Cr in Q4FY20 Vs. 117.3 Cr in Q3FY21 therefore up by 132.7% in YoY and 9.8% up in QoQ. EBITDA margin in Q4FY21 was around 31% Vs. 21.5% in YoY Vs. 29.9% in QoQ therefore EBITDA margin improved by 950 bps in YoY and 110 bps in QoQ.

EBITDA in FY21 was around INR 372.5 Cr Vs. 180.7 Cr in FY19 therefore up by 106.5% in YoY. EBITDA margin in FY20 was around 28.4% Vs. 19.3% therefore EBITDA margin improved by 910 bps in YoY.

Financial
ROE and ROCE is around 18% and 18% respectively and book value per share is around INR 227 and share is currently trading at 10.7x of its book value. Company is currently trading at annualized PE (forward PE) of around 40 which is fair as per Industry benchmark. Promoter holding in the company is around 53.7% which is very strong and stable. FIIs and DIIs hold around 2.2% and 0.4% respectively The good thing is significant part of debt more than 50% has been paid off during the FY21.

Recommendation / Share view Share price high 2,940 (52 week) and now 2,900. Balaji Amines Ltd specialises in manufacturing Methylamines, Ethylamines, Derivatives of specialty chemicals and Pharma Excipients. These have been the main products, it also have facilities for the manufacturing of derivatives, which are down-stream products for various pharma/pesticide industries apart from user specific requirements. It is one of the largest manufacturers of aliphatic amines in India.

Position: Share strong support price is INR 2,650. Long term investor should continue with the company and any correction will give good opportunity to enter.

Opportunities
- Company manufactures amines (methyl amines and ethyl amines) and their derivatives, speciality chemicals and pharma excipients. The company’s end-product selection policy is based on import substitution. BAL plans to become the largest or second-largest manufacturer of the products in the country. Overall, the company has a portfolio of over 25 products, which are supplied to domestic and foreign players (exports accounted around 19% of the total sales in FY20). BAL derives over 50% of its revenue from the pharma sector and about 25% from agro industries.

-Company is one of the largest manufacturers of aliphatic amines and their derivatives in the country. Balaji first phase of greenfield project started commercial operation for manufacturer of Ethyl Amines with a capacity of 50 TPD. With this successful commissioning, now BAL has become a largest manufacturer in all of its range of products i.e. Ethylamines Methaylamines. BAL also further plans to expand capacities of Methyl amines and DMF for a CAPEX of INR 200 Crores to be incurred for FY22-23.

Strong EBITDA on every quarter and its operating profit margin on increasing trend and its more by 31% in Q4FY21. The major reason for this The company has demonstrated an ability to pass on the raw material price volatility, with a lag of three-to-four weeks, to its customers and maintain a healthy and range bound EBITDA.

Strong and robust credit profile: More than 50% debt has already been paid off in during the FY21.

Strong entry barrier for any new players. As BAL is the leading player in the amine industry and the sole producer for a few speciality chemicals, it is insulated from the existing competition in the market. The company uses indigenous technology to manufacture amines, leading to lower manufacturing costs.
Sarda Energy & Minerals 💪

a. Q4FY21 results
👍Sales +60% at ₹699cr
👍EBITDA +139% at ₹184cr

b.FY21 EBITDA =₹520cr
Stock trades at 6.5x EV/EBITDA

c. But FY22 EBITDA triggers
👉Hydro Power contribution
👉Pellet plant capacity hiked
👉Coal Block commissioning