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*Jubilant Pharmova Ltd.* | *CMP* Rs. 836 | *M Cap* Rs. 13309 Cr | *52 W H/L* 836/0
(Nirmal Bang Retail Research)
*Result is below expectations*
Revenue from Operations came at Rs. 1579.8 Cr (-10.8% QoQ, 0.7% YoY) vs expectation of Rs. 1965.6 Cr, QoQ Rs. 1771.3 Cr, YoY Rs. 1568.5 Cr
EBIDTA came at Rs. 374.6 Cr (-24% QoQ, -14.4% YoY) vs expectation of Rs. 512.8 Cr, QoQ Rs. 492.8 Cr, YoY Rs. 437.7 Cr
EBITDA Margin came at 23.7% vs expectation of 26.1%, QoQ 27.8%, YoY 27.9%
Adj. PAT came at Rs. 183 Cr vs expectation of Rs. 252.1 Cr, QoQ Rs. 320.8 Cr, YoY Rs. 212.3 Cr
Quarter EPS is Rs. 11.5
Share is trading at P/E of 14.1x FY22E EPS
Dear All,

Nirmal Bang is inviting you to a Zoom webinar.
When: Jun 7, 2021 08:45 AM India
Topic: Morning Market Update

Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_W_FDImo8TwOAHkNnSbnCXw


After registering, you will receive a confirmation email containing information about joining the webinar.
PNB: Q4 SL NET PROFIT 5.86B RUPEES VS LOSS 6.97B (YOY); EST PROFIT 9B | PROFIT 5.06B (QOQ) || Q4 INTEREST EARNED 187.90B RUPEES VS 138.59B (YOY) || Q4 PROVISIONS 46.86B RUPEES VS 49.01B (YOY) || Q4 NET NPA 5.73% VS 4.03% (QOQ) || Q4 GROSS NPA 14.12% VS 12.99% (QOQ)
Securities in Ban For Trade Date 07-June-2021:

PNB
IBULLHSGFIN
SAIL
SUNTV

*Added IBULLHSGFIN*
*Deleted BANKBARODA*
*📊RBI Policy Highlights📊*

1. No change in policy rates

2. GDP growth projection reduced by ~1% to 9.5% for FY22

3. Inflation for FY22 expected to be 5%

4. Forward guidance to remain state dependent

5. Focus on equitable distribution of liquidity.

GSAP 1.0 additional INR 40k Cr auction, 60K cr completed. Out of 40k cr auction, 10k cr is for SDL.

*GSAP 2.0 of 1.2 Lakh crore (+20K cr vs GSAP1.0)*, (Positive for bond markets). All tools for liquidity management to continue

6. FX reserves at $598.2bn, may well cross $600bn soon. FX measures to ensure stability to continue.

7. Additional measures for impacted sectors

A. Separate liquidity window worth Rs 15k crore for contact-intensive sectors, till March 2022 with tenor of up to 3 years at repo rate

B. To extend special liquidity facility of Rs 16,000 crore to SIDBI for on-lending and refinancing

*C. Expanding coverage of borrowers under Resolution Framework 2.0*
*MTAR Technologies Q4FY21 (Consolidated, QoQ)*

Revenue up 25% at Rs 69.10 crore Vs Rs 55.20 crore

Net profit up 1.05 times at Rs 18 crore Vs Rs 8.8 crore

Ebitda up 72% at Rs 29.90 crore Vs Rs 17.40 crore

Ebitda margin at 43.3% Vs 31.5%

Recommended a final dividend of Rs 3 per share. Record date for the same is June 23.
*Ratnamani Metals & Tubes Q4FY21 (Consolidated, QoQ)*

Revenue up 57% at Rs 696.07 crore Vs Rs 442.53 crore

Net profit up 82% at Rs 109.42 crore Vs Rs 60.15 crore

Ebitda up 96% at Rs 158.83 crore Vs Rs 81.18 crore

Ebitda margin at 22.8% Vs 18.3%

Recommended a dividend of Rs 14 per share

Approved issuance of NCDs for Rs 500 crore
Daily Market Highlights | 4th Jun 2021 📊

NIFTY50: ₹15,670.25 | -0.13%

Top Gainers 📈

TATAMOTORS: +3.42%
GRASIM: +3.31%
COALINDIA: +2.78%
BAJAJFINSV: +2.58%
ONGC: +2.16%

Top losers 📉

NESTLEIND: -2.00%
SBIN: -1.22%
HDFCBANK: -1.11%
HINDALCO: -1.11%
AXISBANK: -1.05%
DMart acquired as many as seven properties worth Rs 400 crore as the retail chain owned by billionaire Radhakishan Damani set off on a property shopping binge during COVID-19.

DMart, which operates in 11 states and 1 Union Territory, bought properties in places such as Mumbai, Hyderabad, Pune and Bengaluru. The retailer typically purchases properties instead of leasing them.
*NIIT LTD.* | *CMP* Rs. 205 | *M Cap* Rs. 2918 Cr | *52 W H/L* 211/82
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 275.5 Cr (8.7% QoQ, 30.5% YoY) vs QoQ Rs. 253.4 Cr, YoY Rs. 211.2 Cr
EBIDTA came at Rs. 68.5 Cr (47.2% QoQ, 3109% YoY) vs QoQ Rs. 46.5 Cr, YoY Rs. 2.1 Cr
EBITDA Margin came at 24.9% vs QoQ 18.4%, YoY 1%
Adj. PAT came at Rs. 46.5 Cr vs QoQ Rs. 42.2 Cr, YoY Rs. 9.9 Cr
Quarter EPS is Rs. 3.3
Share is trading at P/E of 20.2x TTM EPS
*Bank of India Ltd.* | *CMP* Rs. 84 | *M Cap* Rs. 27428 Cr | *52 W H/L* 101/31
(Nirmal Bang Retail Research)
*Result is ok*
Net Interest Income came at Rs. 2936 Cr vs YoY Rs. 3793 Cr, QoQ Rs. 3740 Cr
Non Interest Income came at Rs. 2053 Cr vs YoY Rs. 1688 Cr, QoQ Rs. 2068 Cr
PBP came at Rs. 2094 Cr vs YoY Rs. 2653 Cr, QoQ Rs. 2836 Cr
Provisions came at Rs. 1831 Cr vs YoY Rs. 8142 Cr, QoQ Rs. 1980 Cr
Adj. PAT came at Rs. 250 Cr vs YoY Rs. -3571 Cr, QoQ Rs. 541 Cr
Gross NPA came at Rs. 56535 Cr vs QoQ (non-proforma) Rs. 54997 Cr at 13.77% vs QoQ 13.25%
Net NPA came at Rs. 12262 Cr vs QoQ (non-proforma) Rs. 9077 Cr at 3.35% vs QoQ 2.46%
Quarter EPS is Rs. 0.8
Share is trading at P/E of 10.9x FY22E EPS & 0.8x trailing P/Adj. BV
*Bharat Forge Ltd.* | *CMP* Rs. 727 | *M Cap* Rs. 33848 Cr | *52 W H/L* 727/263
(Nirmal Bang Retail Research)
*Result ahead of Expectation*
Revenue from Operations came at Rs. 1307 Cr (26.2% QoQ, 48.3% YoY) vs expectation of Rs. 1201.4 Cr, QoQ Rs. 1035.7 Cr, YoY Rs. 881.2 Cr
EBIDTA came at Rs. 359.1 Cr (67.2% QoQ, 225.5% YoY) vs expectation of Rs. 281.8 Cr, QoQ Rs. 214.8 Cr, YoY Rs. 110.3 Cr
EBITDA Margin came at 27.5% vs expectation of 23.5%, QoQ 20.7%, YoY 12.5%
Adj. PAT came at Rs. 205.5 Cr vs expectation of Rs. 145.2 Cr, QoQ Rs. 98.2 Cr, YoY Rs. 20.6 Cr
Quarter EPS is Rs. 4.4
Share is trading at P/E of 46.8x FY22E EPS
RAILTEL CORP: CO BAGS ORDER OF RUPEES 1.2B FROM BHARAT COKING COAL
👆 *List of stocks BSE & NSE - Circuit filter changed to 20 %*
MARKET WIZARD NEWSLETTER ISSUE 13.pdf
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MARKET WIZARD NEWSLETTER ISSUE 13

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