DELTON CABLES - 20%
GOKUL - 20%
TIIL - 20%
KIRI IND - 20%
KELENRG - 20%
SUTLEJ TEXTILES - 20%
INDOBORAX - 20%
MENON PISTONS - 20%
GTPL - 18%
TRIL - 17%
MAITHAN ALLOYS - 17%
MOTHERSON SUMI - 15%
SARLA POLY - 15%
ARIHANT CAPITAL - 12%
JINDRILL - 10%
TIDEWATER - 10%
INDORAMA - 10%
SHREYAS SHIPPING - 10%
BLS INT - 10%
KLRFM - 12%
PENIND - 10%
TAINWALA - 10%
GULF PETRO - 10%
KINGFA - 10%
EXCEL IND - 12%
NAGREEKA EXP - 10%
ALL STOCKS WHICH ARE UP FOR MORE THAN 10% .🔥🔥
POWER OF MARKET WIZARD RESEARCH 🧙
GOKUL - 20%
TIIL - 20%
KIRI IND - 20%
KELENRG - 20%
SUTLEJ TEXTILES - 20%
INDOBORAX - 20%
MENON PISTONS - 20%
GTPL - 18%
TRIL - 17%
MAITHAN ALLOYS - 17%
MOTHERSON SUMI - 15%
SARLA POLY - 15%
ARIHANT CAPITAL - 12%
JINDRILL - 10%
TIDEWATER - 10%
INDORAMA - 10%
SHREYAS SHIPPING - 10%
BLS INT - 10%
KLRFM - 12%
PENIND - 10%
TAINWALA - 10%
GULF PETRO - 10%
KINGFA - 10%
EXCEL IND - 12%
NAGREEKA EXP - 10%
ALL STOCKS WHICH ARE UP FOR MORE THAN 10% .🔥🔥
POWER OF MARKET WIZARD RESEARCH 🧙
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Stocks In News On 2nd June, 2021
Earnings Today
Motherson Sumi Systems, Muthoot Finance, PVR, MTAR Technologies, Lyka Labs, NRB Bearings, Panacea Biotec, Ratnamani Metals & Tubes
Infosys
Sebi has barred eight entities, including two employees of Infosys, from the securities market for indulging…
Motherson Sumi Systems, Muthoot Finance, PVR, MTAR Technologies, Lyka Labs, NRB Bearings, Panacea Biotec, Ratnamani Metals & Tubes
Infosys
Sebi has barred eight entities, including two employees of Infosys, from the securities market for indulging…
Route Mobile announced an agreement with Emirates Integrated Telecommunications Company (EITC) – du, UAE's second integrated telecom service provider, by offering a turnkey solution using Route Mobile's Smart Messaging Hub. This enables du to launch a highly scalable revenue-generating messaging platform to enable A2P wholesale transit business.Positive
*Jamna Auto Industries Q4FY21 (Consolidated, QoQ)*
Revenue up 35% at Rs 464.40 crore Vs Rs 343.26 crore
Net profit up 58% at Rs 47.50 crore Vs Rs 30.05 crore
Ebitda up 3% at Rs 63.55 crore Vs Rs 61.88 crore
Ebitda margin at 13.7% Vs 18%
Recommended a final dividend of 0.50 paisa per share
Revenue up 35% at Rs 464.40 crore Vs Rs 343.26 crore
Net profit up 58% at Rs 47.50 crore Vs Rs 30.05 crore
Ebitda up 3% at Rs 63.55 crore Vs Rs 61.88 crore
Ebitda margin at 13.7% Vs 18%
Recommended a final dividend of 0.50 paisa per share
Crude Update:-
A group of some of the world's most powerful oil producers agreed on Tuesday to continue gradually easing production cuts amid a rebound in oil prices.
OPEC and its oil-producing allies, known as OPEC+, will boost output in July, in accordance with the group's April decision to return 2.1 million barrels per day to the market between May and July. Production policy beyond July was not decided on, and the group will meet again on July 1.
A group of some of the world's most powerful oil producers agreed on Tuesday to continue gradually easing production cuts amid a rebound in oil prices.
OPEC and its oil-producing allies, known as OPEC+, will boost output in July, in accordance with the group's April decision to return 2.1 million barrels per day to the market between May and July. Production policy beyond July was not decided on, and the group will meet again on July 1.
*Insider Trades*
Apollo Tyres: Promoter PTL Enterprises bought 2.44 lakh shares between May 26-27.
Godrej Agrovet: Promoter Godrej Industries bought 27,000 shares on May 25.
Man Infraconstruction: Promoter Parag Shah bought 2 lakh shares on May 28.
Vardhman Special Steels: Promoter Sachit Jain bought 2,000 shares between May 28-31.
Apollo Tyres: Promoter PTL Enterprises bought 2.44 lakh shares between May 26-27.
Godrej Agrovet: Promoter Godrej Industries bought 27,000 shares on May 25.
Man Infraconstruction: Promoter Parag Shah bought 2 lakh shares on May 28.
Vardhman Special Steels: Promoter Sachit Jain bought 2,000 shares between May 28-31.
GUJARAT GAS
Q4 CONS NET PROFIT 3.51B RUPEES VS 2.5B (YOY); EST 3.1B | 3.92B (QOQ)
Q4 REVENUE 34.89B RUPEES VS 27.22B (YOY)
CO RECCOMENDED DIVIDEND OF RUPEES 2 PER SHARE
GUJARAT GAS:
CO APPROVED ACQUISITION OF CITY GAS DISTRIBUTION BUSINESS FOR AMRITSAR & BATHINDA AREAS FROM GUJARAT STATE PETRONET
DEAL FOR AGGREGATE CASH CONSIDERATION OF 1.63B RUPEES.......💪💪✌️
Q4 CONS NET PROFIT 3.51B RUPEES VS 2.5B (YOY); EST 3.1B | 3.92B (QOQ)
Q4 REVENUE 34.89B RUPEES VS 27.22B (YOY)
CO RECCOMENDED DIVIDEND OF RUPEES 2 PER SHARE
GUJARAT GAS:
CO APPROVED ACQUISITION OF CITY GAS DISTRIBUTION BUSINESS FOR AMRITSAR & BATHINDA AREAS FROM GUJARAT STATE PETRONET
DEAL FOR AGGREGATE CASH CONSIDERATION OF 1.63B RUPEES.......💪💪✌️
Muthoot Finance gains 7% after Q4 results
· Q4 net profit Rs995.6cr (up 22.1% YoY) – expectation Rs999.5cr
· Income Rs 2824cr (up 18% YoY)– expectation Rs2834cr
· Approves Rs5000cr fund raising via NCDs
· Q4 net profit Rs995.6cr (up 22.1% YoY) – expectation Rs999.5cr
· Income Rs 2824cr (up 18% YoY)– expectation Rs2834cr
· Approves Rs5000cr fund raising via NCDs
*Muthoot Finance Ltd. -S* | *CMP* Rs. 1321 | *M Cap* Rs. 52998 Cr | *52 W H/L* 1406/703
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Asset quality details are not yet declared
NII came at Rs. 1872.6 Cr vs expectation of Rs. 1887.3 Cr, YoY Rs. 1630.3 Cr, QoQ Rs. 1819.3 Cr
PBP came at Rs. 1360.8 Cr vs expectation of Rs. 1382.6 Cr, YoY Rs. 1102.1 Cr, QoQ Rs. 1390 Cr
Provision came at Rs. 11.1 Cr vs expectation of Rs. 42.9 Cr, YoY Rs. 4.8 Cr, QoQ Rs. 58.5 Cr
PAT came at Rs. 995.7 Cr vs expectation of Rs. 1124.5 Cr, YoY Rs. 815.1 Cr, QoQ Rs. 991.4 Cr
Quarter EPS is Rs. 24.8
Share is trading at P/E of 12.1x FY22E EPS & 3.5x trailing P/BV
(Nirmal Bang Retail Research)
*Result is in-line with expectations*
Asset quality details are not yet declared
NII came at Rs. 1872.6 Cr vs expectation of Rs. 1887.3 Cr, YoY Rs. 1630.3 Cr, QoQ Rs. 1819.3 Cr
PBP came at Rs. 1360.8 Cr vs expectation of Rs. 1382.6 Cr, YoY Rs. 1102.1 Cr, QoQ Rs. 1390 Cr
Provision came at Rs. 11.1 Cr vs expectation of Rs. 42.9 Cr, YoY Rs. 4.8 Cr, QoQ Rs. 58.5 Cr
PAT came at Rs. 995.7 Cr vs expectation of Rs. 1124.5 Cr, YoY Rs. 815.1 Cr, QoQ Rs. 991.4 Cr
Quarter EPS is Rs. 24.8
Share is trading at P/E of 12.1x FY22E EPS & 3.5x trailing P/BV
*Lupin* has announced that USFDA has accepted its Biologics License Application or its proposed biosimilar to Neulasta® (pegfilgrastim, annual sales $3.7bn). *Positive*
*PVR Ltd.* | *CMP* Rs. 1310 | *M Cap* Rs. 7965 Cr | *52 W H/L* 1592/759
(Nirmal Bang Retail Research)
*Result is inline*
Revenue from Operations came at Rs. 181.5 Cr (299.7% QoQ, -71.9% YoY) vs expectation of Rs. 161.8 Cr, QoQ Rs. 45.4 Cr, YoY Rs. 645.1 Cr
EBIDTA came at Rs. -56.7 Cr (-27.4% QoQ, -132.9% YoY) vs expectation of Rs. -43.5 Cr, QoQ Rs. -78.1 Cr, YoY Rs. 172.7 Cr
EBITDA Margin came at -31.3% vs expectation of -26.9%, QoQ -172.1%, YoY 26.8%
Adj. PAT came at Rs. -289.1 Cr vs expectation of Rs. -173.6 Cr, QoQ Rs. -49.1 Cr, YoY Rs. -74.5 Cr
Quarter EPS is Rs. -47.6
Share is trading at P/E of 155.4x FY22E EPS
(Nirmal Bang Retail Research)
*Result is inline*
Revenue from Operations came at Rs. 181.5 Cr (299.7% QoQ, -71.9% YoY) vs expectation of Rs. 161.8 Cr, QoQ Rs. 45.4 Cr, YoY Rs. 645.1 Cr
EBIDTA came at Rs. -56.7 Cr (-27.4% QoQ, -132.9% YoY) vs expectation of Rs. -43.5 Cr, QoQ Rs. -78.1 Cr, YoY Rs. 172.7 Cr
EBITDA Margin came at -31.3% vs expectation of -26.9%, QoQ -172.1%, YoY 26.8%
Adj. PAT came at Rs. -289.1 Cr vs expectation of Rs. -173.6 Cr, QoQ Rs. -49.1 Cr, YoY Rs. -74.5 Cr
Quarter EPS is Rs. -47.6
Share is trading at P/E of 155.4x FY22E EPS