Big breaking
#ETReports | #NSDL has frozen the accounts of three foreign funds - Albula Investment Fund, Cresta Fund and APMS Investment Fund — which together own over Rs 43,500 crore worth of shares in four #Adani Group companies.
@AdaniOnline @gautam_adani @NSDLeGovernance https://t.co/XI9A6JiGdZ
#ETReports | #NSDL has frozen the accounts of three foreign funds - Albula Investment Fund, Cresta Fund and APMS Investment Fund — which together own over Rs 43,500 crore worth of shares in four #Adani Group companies.
@AdaniOnline @gautam_adani @NSDLeGovernance https://t.co/XI9A6JiGdZ
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ET NOW
#ETReports | #NSDL has frozen the accounts of three foreign funds - Albula Investment Fund, Cresta Fund and APMS Investment Fund — which together own over Rs 43,500 crore worth of shares in four #Adani Group companies. @AdaniOnline @gautam_adani @NSDLeGovernance
Stocks Ban In F&O:
Bhel,
Canara Bank,
Indiabulls Housing Finance,
Nalco,
Sun Tv
Bhel,
Canara Bank,
Indiabulls Housing Finance,
Nalco,
Sun Tv
*SGX Nifty -51 pts (15770) from last trade 15821*
Nikkei +128 pts,
Hangseng clsd,
Now @7.00am.
Dow +13.36 pts ,Nsdq +49.09 pts, S&P +8.26 pts, , Bovespa -635 pts , Ftse +45 pts , Dax +122 pts , Cac +54 pts , Crude @ $70.83 brl (-0.07), Brent @ $72.66 brl (-0.02) , Gold @ 1874.20 (-5.40), Silver @ $27.93 (-0.20), Euro @ $1.2102, JPY @ $109.78, INR @ 73.245
*Today's Corporate Action*
*14th Jun Ex Date*
HINDUNILVR
Final Dividend - Rs. - 17.0000
INDHOTEL
Final Dividend - Rs. - 0.4000
TATACHEM
Final Dividend - Rs. - 10.0000
*Today's Key Results/Board Meetings*
*14-Jun-21*
Coal India, IDFC, Indian Overseas Bank, Aditya Consumer Marketing, Arihant Capital Markets, BF Investment, BFL Asset Finvest, BF Utilities, Gayatri Projects, Globus Spirits, Greenply Industries, Hemisphere Properties India, IFB Industries, JB Chemicals & Pharmaceuticals, Jaiprakash Power Ventures, Kajaria Ceramics, Kellton Tech Solutions, Mirc Electronics, Satin Creditcare Network, Singer India, Swelect Energy Systems and Uttam Sugar Mills will release quarterly earnings on June 14.
*Stock under F&O ban on NSE*
*14-Jun-21*
1BHEL
2CANBK
3IBULHSGFIN
4NATIONALUM
5SUNTV
Nikkei +128 pts,
Hangseng clsd,
Now @7.00am.
Dow +13.36 pts ,Nsdq +49.09 pts, S&P +8.26 pts, , Bovespa -635 pts , Ftse +45 pts , Dax +122 pts , Cac +54 pts , Crude @ $70.83 brl (-0.07), Brent @ $72.66 brl (-0.02) , Gold @ 1874.20 (-5.40), Silver @ $27.93 (-0.20), Euro @ $1.2102, JPY @ $109.78, INR @ 73.245
*Today's Corporate Action*
*14th Jun Ex Date*
HINDUNILVR
Final Dividend - Rs. - 17.0000
INDHOTEL
Final Dividend - Rs. - 0.4000
TATACHEM
Final Dividend - Rs. - 10.0000
*Today's Key Results/Board Meetings*
*14-Jun-21*
Coal India, IDFC, Indian Overseas Bank, Aditya Consumer Marketing, Arihant Capital Markets, BF Investment, BFL Asset Finvest, BF Utilities, Gayatri Projects, Globus Spirits, Greenply Industries, Hemisphere Properties India, IFB Industries, JB Chemicals & Pharmaceuticals, Jaiprakash Power Ventures, Kajaria Ceramics, Kellton Tech Solutions, Mirc Electronics, Satin Creditcare Network, Singer India, Swelect Energy Systems and Uttam Sugar Mills will release quarterly earnings on June 14.
*Stock under F&O ban on NSE*
*14-Jun-21*
1BHEL
2CANBK
3IBULHSGFIN
4NATIONALUM
5SUNTV
*Good Morning*
• PM Modi attends First Outreach Session of the G7 Summit
• India April Quick Estimates of Factory Output Stands at 126.6
• India Aims to Boost Gas Output by 74% in 3 Years, Oil by 31%
• India GST Panel Reduces Tax Rate on Some Medical Items
• India’s FX Reserves Cross $600 Billion as RBI Hoards Dollars
o India Official Reserves Rise to Record in June
• India Sensex Posts Longest Stretch of Weekly Gains Since Jan.
• India Court Allows Antitrust Probe Against Amazon, Flipkart
• Global Funds Buy Net INR186.4M of India Stocks on June 11: NSE
o Domestic funds buy net 6.66b rupees of stocks
• Foreign Investors Buy Net INR14.4B of India Equities on June 10
• Foreigners Sell Net INR6.66B of India Equity Derivatives June 11
• Fed, BOJ Set Rates; Biden Meets Putin: Week Ahead June 14-18
• Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys
• Big Vaccine Pledges Raise Questions About What’s New: G-7 Update
• U.K. Defends Leaders Clustering During Pandemic: G-7 Update
• India’s Finance Ministry Calls for Cuts in Some Expenses: Mint
• India’s Paytm in Talks with Payment Gateways on Deal, ET Says
• Coal India may announce 20-25% additional dividend June 14: PTI
• NTPC invites EoI for hydrogen fuel cell based pilot projects: PTI
• VW, Ford Motor to Exit Auto Financing Business in India: Reuters
• India’s Sebi Probing Carlyle-PNB Housing Deal, Mint Says
• 12pm: India May Wholesale Price Inflation YoY, est. 13.40%, prior 10.49%
• 5:30pm: India May Consumer Price Inflation y/y; est. 5.40%, prior 4.29%
• ABB India (ABB): To sell Turbocharger, Dodge Power Transmission Ops
• Adani Enterprises (ADE): Says forms new unit to make Cement
• BEML Ltd. (BEML): Says DIPAM and NITI Aayog agreed to de- merge surplus land and asset as part of BEML’s strategic disinvestment process
• Bharat Heavy (BHEL): 4Q net loss 10.3b rupees, misses est. profit 8.5b; revenue 71.7b
• Care Ratings (CARE): 4Q net income 264.9m rupees vs 156.8m year ago
• DLF Ltd. (DLFU): 4Q net income 4.81b rupees, beats est. 4.63b
• Engineers India (ENGR): Names Names Sanjay Jindal CFO From July 1
• Info Edge India (INFOE): To acquire Zwayam Digital for INR610m in cash
• JK Cement (JKCE): 4Q net income 2.1b rupees vs 1.6b y/y
• Lupin (LPC): Receives U.S. FDA warning letter for Somerset facility
• ONGC (ONGC): India Aims to Boost Gas Output by 74% in 3 Years, Oil by 31%
• Sun TV (SUNTV): 4Q net income +80% y/y to 4.5b rupees, beats est. 3.73b; Revenue +6.4% to 7.82b
• VRL Logistics (VRLL): 4Q net income 371.6m vs 21.4m a year ago
• PM Modi attends First Outreach Session of the G7 Summit
• India April Quick Estimates of Factory Output Stands at 126.6
• India Aims to Boost Gas Output by 74% in 3 Years, Oil by 31%
• India GST Panel Reduces Tax Rate on Some Medical Items
• India’s FX Reserves Cross $600 Billion as RBI Hoards Dollars
o India Official Reserves Rise to Record in June
• India Sensex Posts Longest Stretch of Weekly Gains Since Jan.
• India Court Allows Antitrust Probe Against Amazon, Flipkart
• Global Funds Buy Net INR186.4M of India Stocks on June 11: NSE
o Domestic funds buy net 6.66b rupees of stocks
• Foreign Investors Buy Net INR14.4B of India Equities on June 10
• Foreigners Sell Net INR6.66B of India Equity Derivatives June 11
• Fed, BOJ Set Rates; Biden Meets Putin: Week Ahead June 14-18
• Out-of-Control Shipping Costs Fire Up Prices From Coffee to Toys
• Big Vaccine Pledges Raise Questions About What’s New: G-7 Update
• U.K. Defends Leaders Clustering During Pandemic: G-7 Update
• India’s Finance Ministry Calls for Cuts in Some Expenses: Mint
• India’s Paytm in Talks with Payment Gateways on Deal, ET Says
• Coal India may announce 20-25% additional dividend June 14: PTI
• NTPC invites EoI for hydrogen fuel cell based pilot projects: PTI
• VW, Ford Motor to Exit Auto Financing Business in India: Reuters
• India’s Sebi Probing Carlyle-PNB Housing Deal, Mint Says
• 12pm: India May Wholesale Price Inflation YoY, est. 13.40%, prior 10.49%
• 5:30pm: India May Consumer Price Inflation y/y; est. 5.40%, prior 4.29%
• ABB India (ABB): To sell Turbocharger, Dodge Power Transmission Ops
• Adani Enterprises (ADE): Says forms new unit to make Cement
• BEML Ltd. (BEML): Says DIPAM and NITI Aayog agreed to de- merge surplus land and asset as part of BEML’s strategic disinvestment process
• Bharat Heavy (BHEL): 4Q net loss 10.3b rupees, misses est. profit 8.5b; revenue 71.7b
• Care Ratings (CARE): 4Q net income 264.9m rupees vs 156.8m year ago
• DLF Ltd. (DLFU): 4Q net income 4.81b rupees, beats est. 4.63b
• Engineers India (ENGR): Names Names Sanjay Jindal CFO From July 1
• Info Edge India (INFOE): To acquire Zwayam Digital for INR610m in cash
• JK Cement (JKCE): 4Q net income 2.1b rupees vs 1.6b y/y
• Lupin (LPC): Receives U.S. FDA warning letter for Somerset facility
• ONGC (ONGC): India Aims to Boost Gas Output by 74% in 3 Years, Oil by 31%
• Sun TV (SUNTV): 4Q net income +80% y/y to 4.5b rupees, beats est. 3.73b; Revenue +6.4% to 7.82b
• VRL Logistics (VRLL): 4Q net income 371.6m vs 21.4m a year ago
*MONEYTIMES TALK*
*JUNE 13, 2021*
• *IOL Chemicals* posted an excellent FY21 with PAT of Rs. 444.56 cr. v/s Rs.359.79 cr. and EPS of Rs. 76.21 v/s Rs. 63.51 and stepped the dividend from Rs.4 to Rs.6. The expansion underway is financed by internal accruals. Add.
• *Asahi Songwon Colors* posted FY21 EBITA rise of 44% and declared a dividend of Rs. 3.50 on an EPS of Rs. 26.29 v/s Rs. 18.60 in FY20. The stock merits a buy.
• Analysts are giving a big thumps up to *Bharat Forge* on expectations of rising exports and defense orders. Add.
• The fortunes of *Indiabulls Housing* are changing after its recent tie-up with HDFC Bank. DIIs and FIIs are also adding the share to their holdings. Its asset light balance sheet and expectation of another dividend can fuel another rally. Add.
• A Gujarat based analyst recommends to buy *Archit Organosys, BSE, Den Networks, Hindustan Construction Co.,Lasa Supergenerics, Munjal Auto, Music Broadcast(Radio City), Mrs. Bector’s Food Specialities, RDB Realty Infrastructure, Shilpa Medicare and Tourism Finance Corporation of India*.
• Big defence warship orders are flowing to Indian makers. As a contrarian call, it makes sense to buy *Reliance Naval* around Rs. 3 as it may be taken over by some giant.
• The management of *PNB* has guided that the Bank may notch a PAT of Rs. 6000 cr. from Rs. 2000 cr. FY21. Add for multi-bagger returns.
• *Bank of Baroda* will set-off Rs. 11,048 cr. loss against the share premium account. It makes no difference in the financials and its capital adequacy ratio will fall and create a false panic in the market. Stay away for some time.
• Water technology major, *Va Tech Wabag*’s Q4 profits were higher by 57% at Rs. 47 cr. Revenue from operations topped Rs. 999 cr. An excellent long term investment. Add.
• *Teamlease Services*, a leading Human Resources company, posted a stellar Q4 with NP rising to Rs 19.6 crore from a net loss of Rs 29.4 crore in Q4FY20. All its businesses have surpassed the pre-Covid levels with strong headcount growth. Add.
• The Govt. has approved 708 proposals for construction of 3.61 lakh houses under the PMAY (urban) scheme. *HUDCO* will be a big beneficiary. Buy.
• A sudden jump in the share price of *Titan Biotech* is indicative of superlative results, which are around the corner. Buy this multi-bagger before it is too late.
• The unlocking process has begun. * Wonderla Holidays* is likely to bounce back soon. Start accumulating at these beaten down rates.
• *Fairchem Organics* has been posting better results. This small cap company reported FY21 EPS of Rs. 32.63 v/s Rs. 26.65 last year. A good long term investment.
• *Marksans Pharma* has issued convertible warrants to its promoters and other QIP investors convertible into shares at Rs. 74 per share. Retail investors may take a cue and add.
• The Management of *Power Grid* is scheduled to meet after a week to consider the issue of bonus share. The Company is a good long term buy. Add.
• *Suven Pharma* has entered in a tech transfer deal with CSIR-IICT for COVID-19 drug Molnupiravir and 2-DG. A positive for the Company. Add.
• *Tide Water* to consider splitting of its share, issue bonus shares and dec ide on payment of dividend. Its consolidated net profit jumped 58% to Rs 36.66 cr. on 19.6% rise in net sales to Rs 364.68 crore in Q4 FY21.
• Anil Ambani has made it clear that he will increase his holding in *Reliance Infra*. SBI too has withdrawn the ‘fraud’ tag on some ADAG companies. This news will help boost its share price. Add.
• Cables and wires major, *Polycab* plans to double its revenue by 2026. Profits are expected to rise faster on the back of robust demand and rising prices. Add.
• *Cera Sanitaryware* posted Q4 NP at Rs. 49.26 cr. translating into a quarterly EPS of Rs. 35.19. FY21 EPS was Rs. 77.45 v/s. Rs. 28.63 last year. The share must be added.
• *Mazagon Docks* posted an excellent FY21 with NP at Rs. 527.65 cr. translating into an EPS of Rs. 25.48 v/s Rs. 21.09 last year. Buy for huge returns as this defence PSU bags order after order.
*JUNE 13, 2021*
• *IOL Chemicals* posted an excellent FY21 with PAT of Rs. 444.56 cr. v/s Rs.359.79 cr. and EPS of Rs. 76.21 v/s Rs. 63.51 and stepped the dividend from Rs.4 to Rs.6. The expansion underway is financed by internal accruals. Add.
• *Asahi Songwon Colors* posted FY21 EBITA rise of 44% and declared a dividend of Rs. 3.50 on an EPS of Rs. 26.29 v/s Rs. 18.60 in FY20. The stock merits a buy.
• Analysts are giving a big thumps up to *Bharat Forge* on expectations of rising exports and defense orders. Add.
• The fortunes of *Indiabulls Housing* are changing after its recent tie-up with HDFC Bank. DIIs and FIIs are also adding the share to their holdings. Its asset light balance sheet and expectation of another dividend can fuel another rally. Add.
• A Gujarat based analyst recommends to buy *Archit Organosys, BSE, Den Networks, Hindustan Construction Co.,Lasa Supergenerics, Munjal Auto, Music Broadcast(Radio City), Mrs. Bector’s Food Specialities, RDB Realty Infrastructure, Shilpa Medicare and Tourism Finance Corporation of India*.
• Big defence warship orders are flowing to Indian makers. As a contrarian call, it makes sense to buy *Reliance Naval* around Rs. 3 as it may be taken over by some giant.
• The management of *PNB* has guided that the Bank may notch a PAT of Rs. 6000 cr. from Rs. 2000 cr. FY21. Add for multi-bagger returns.
• *Bank of Baroda* will set-off Rs. 11,048 cr. loss against the share premium account. It makes no difference in the financials and its capital adequacy ratio will fall and create a false panic in the market. Stay away for some time.
• Water technology major, *Va Tech Wabag*’s Q4 profits were higher by 57% at Rs. 47 cr. Revenue from operations topped Rs. 999 cr. An excellent long term investment. Add.
• *Teamlease Services*, a leading Human Resources company, posted a stellar Q4 with NP rising to Rs 19.6 crore from a net loss of Rs 29.4 crore in Q4FY20. All its businesses have surpassed the pre-Covid levels with strong headcount growth. Add.
• The Govt. has approved 708 proposals for construction of 3.61 lakh houses under the PMAY (urban) scheme. *HUDCO* will be a big beneficiary. Buy.
• A sudden jump in the share price of *Titan Biotech* is indicative of superlative results, which are around the corner. Buy this multi-bagger before it is too late.
• The unlocking process has begun. * Wonderla Holidays* is likely to bounce back soon. Start accumulating at these beaten down rates.
• *Fairchem Organics* has been posting better results. This small cap company reported FY21 EPS of Rs. 32.63 v/s Rs. 26.65 last year. A good long term investment.
• *Marksans Pharma* has issued convertible warrants to its promoters and other QIP investors convertible into shares at Rs. 74 per share. Retail investors may take a cue and add.
• The Management of *Power Grid* is scheduled to meet after a week to consider the issue of bonus share. The Company is a good long term buy. Add.
• *Suven Pharma* has entered in a tech transfer deal with CSIR-IICT for COVID-19 drug Molnupiravir and 2-DG. A positive for the Company. Add.
• *Tide Water* to consider splitting of its share, issue bonus shares and dec ide on payment of dividend. Its consolidated net profit jumped 58% to Rs 36.66 cr. on 19.6% rise in net sales to Rs 364.68 crore in Q4 FY21.
• Anil Ambani has made it clear that he will increase his holding in *Reliance Infra*. SBI too has withdrawn the ‘fraud’ tag on some ADAG companies. This news will help boost its share price. Add.
• Cables and wires major, *Polycab* plans to double its revenue by 2026. Profits are expected to rise faster on the back of robust demand and rising prices. Add.
• *Cera Sanitaryware* posted Q4 NP at Rs. 49.26 cr. translating into a quarterly EPS of Rs. 35.19. FY21 EPS was Rs. 77.45 v/s. Rs. 28.63 last year. The share must be added.
• *Mazagon Docks* posted an excellent FY21 with NP at Rs. 527.65 cr. translating into an EPS of Rs. 25.48 v/s Rs. 21.09 last year. Buy for huge returns as this defence PSU bags order after order.
• *Talbros Engineering*, a leading manufacturer of Axle Shafts for OEMs is a strong company with a share book value of Rs 124. It posted Q3 EPS of Rs 7.3 and Rs 6.3 in Q2FY21 is expected to notch FY21 EPS of Rs 25. Buy.
Cash rich *Manaksia Ltd*. has notched 176% Q3 EPS of Rs 4 and 9MFY21 EPS of Rs 9.3. It paid a dividend of Rs 10.5/share (FV Rs 2) or 525% in FY20 and is likely to notch FY21 EPS of Rs 15. Buy for 50% gain.
• DOT has issued the guidelines for Rs. 12,200 cr. PLI (Production-Linked Incentive) scheme for telecom and networking equipment manufacturers like *Sterlite Technologies, ITI, Birla Cable, Vindhya Telelinks, Tejas Network and Universal Cables*. *Vindhya Telelinks* is grossly underpriced considering a likely FY21 EPS of Rs 180. Buy.
• *Asian Granito* has notched 170% higher Q4 EPS of Rs 6.2 and 33% higher FY21 EPS of Rs 18.6. Higher cash EPS of Rs 26 in FY21 would make it debt-free going forward and notch FY22 EPS of Rs 28+. The share, which made a lifetime high of Rs 617 on 15 Jan 2018, could cross the Rs 300 mark. Accumulate.
• *Universal Starch-Chem* engaged in the starch business and liquid glucose and dextrose has notched Q3FY21 EPS of Rs 5.7 and 9MFY21 EPS of Rs 8.6 on its small equity of Rs 4.6 cr. This could lead to an EPS of Rs 15 in FY21. The share is expected to fetch 50% appreciation.
• *NDTV*, an independent broadcasting network, has posted 241% higher EPS of Rs 4.1 (FV Rs 4) and 189% higher FY21 EPS of Rs 11 and may post FY22 EPS of Rs 15+. The share could cross the Rs 120 mark in the medium term. Add.
• *Deccan Cements*, manufacturer of a wide variety of cements, has posted 725% higher Q3 EPS of Rs 24 and 56% higher 9MFY21 EPS of Rs 66, which could take FY21 EPS to Rs 90 on its small equity of Rs 7 cr. The share, which made a lifetime high of Rs 1280 on 28 April 2017 is poised to double in the medium-to-short term. Buy.
• *Eveready Industries* notched 180% higher Q3 EPS of Rs 6.7 and 48% higher 9MFY21 EPS of Rs 18 and may post FY21 EPS of Rs 28. Recently, the Dabur promoters increased their stake to 19.3%. Buy for decent gain of 25%.
• *Rain Industries*, one of the largest calcined petroleum coke manufacturer with interests in cement, coal tar distillation and specialty chemicals manufacturers having facilities has notched 90% higher Q1CY21 EPS of Rs 6.1, which could lead to CY21 EPS of Rs 25. The share may touch Rs 250 mark.
• *Indian Metals & Ferro Alloys* has notched Q4 EPS of Rs 24 and FY21 EPS of Rs 62 on the back of strong operational performance and healthy market conditions. The imposition of export duty on chrome ore by South Africa will have a positive impact on ferrochrome prices. Accumulate for 30% gain.
• *Escorts Ltd*, an automotive engineering co. in the agri-machinery, tractors, construction machinery, material handling, and railway equipment etc. has notched 67% higherFY21 EPS of Rs 92. People in the know expect FY22 EPS of over Rs 110. Buy for 30% gain.
• *Gallant Metal*, which has an integrated steel plant for sponge iron, mild steel billets, TMT bars etc. has notched 344% higher Q3 EPS of Rs 4 and 194% higher 9MFY21 EPS of Rs 5.3, which could lead to FY21 EPS of over Rs 10. Buy for 30% gain.
• *Standard Greases and Specialities*, a leading lubricating grease manufacturer in Asia and Andrew Yule have bought 350100 shares in organic chemical manufacturer *Archit Organosys* as it posted an encouraging 9MFY21 and expects to turn around in Q4. Buy it on BSE for hefty gains.
• *Tourism Finance Corporation*’s stellar Q4 with NP rising 49% to Rs. 18.18 cr. v/s Rs. 12.17 cr. last year is an invitation to buy as its management is optimistic about the future as unlocking begins. The stock trades cheap and can give a quick 50% return.
• *Mukesh Ambani group*’s media stocks displayed a strong run-up last week. *DEN Network* recorded a strong technical break out on record weekly volumes. It is a good buy for 30% returns in the short term.
Cash rich *Manaksia Ltd*. has notched 176% Q3 EPS of Rs 4 and 9MFY21 EPS of Rs 9.3. It paid a dividend of Rs 10.5/share (FV Rs 2) or 525% in FY20 and is likely to notch FY21 EPS of Rs 15. Buy for 50% gain.
• DOT has issued the guidelines for Rs. 12,200 cr. PLI (Production-Linked Incentive) scheme for telecom and networking equipment manufacturers like *Sterlite Technologies, ITI, Birla Cable, Vindhya Telelinks, Tejas Network and Universal Cables*. *Vindhya Telelinks* is grossly underpriced considering a likely FY21 EPS of Rs 180. Buy.
• *Asian Granito* has notched 170% higher Q4 EPS of Rs 6.2 and 33% higher FY21 EPS of Rs 18.6. Higher cash EPS of Rs 26 in FY21 would make it debt-free going forward and notch FY22 EPS of Rs 28+. The share, which made a lifetime high of Rs 617 on 15 Jan 2018, could cross the Rs 300 mark. Accumulate.
• *Universal Starch-Chem* engaged in the starch business and liquid glucose and dextrose has notched Q3FY21 EPS of Rs 5.7 and 9MFY21 EPS of Rs 8.6 on its small equity of Rs 4.6 cr. This could lead to an EPS of Rs 15 in FY21. The share is expected to fetch 50% appreciation.
• *NDTV*, an independent broadcasting network, has posted 241% higher EPS of Rs 4.1 (FV Rs 4) and 189% higher FY21 EPS of Rs 11 and may post FY22 EPS of Rs 15+. The share could cross the Rs 120 mark in the medium term. Add.
• *Deccan Cements*, manufacturer of a wide variety of cements, has posted 725% higher Q3 EPS of Rs 24 and 56% higher 9MFY21 EPS of Rs 66, which could take FY21 EPS to Rs 90 on its small equity of Rs 7 cr. The share, which made a lifetime high of Rs 1280 on 28 April 2017 is poised to double in the medium-to-short term. Buy.
• *Eveready Industries* notched 180% higher Q3 EPS of Rs 6.7 and 48% higher 9MFY21 EPS of Rs 18 and may post FY21 EPS of Rs 28. Recently, the Dabur promoters increased their stake to 19.3%. Buy for decent gain of 25%.
• *Rain Industries*, one of the largest calcined petroleum coke manufacturer with interests in cement, coal tar distillation and specialty chemicals manufacturers having facilities has notched 90% higher Q1CY21 EPS of Rs 6.1, which could lead to CY21 EPS of Rs 25. The share may touch Rs 250 mark.
• *Indian Metals & Ferro Alloys* has notched Q4 EPS of Rs 24 and FY21 EPS of Rs 62 on the back of strong operational performance and healthy market conditions. The imposition of export duty on chrome ore by South Africa will have a positive impact on ferrochrome prices. Accumulate for 30% gain.
• *Escorts Ltd*, an automotive engineering co. in the agri-machinery, tractors, construction machinery, material handling, and railway equipment etc. has notched 67% higherFY21 EPS of Rs 92. People in the know expect FY22 EPS of over Rs 110. Buy for 30% gain.
• *Gallant Metal*, which has an integrated steel plant for sponge iron, mild steel billets, TMT bars etc. has notched 344% higher Q3 EPS of Rs 4 and 194% higher 9MFY21 EPS of Rs 5.3, which could lead to FY21 EPS of over Rs 10. Buy for 30% gain.
• *Standard Greases and Specialities*, a leading lubricating grease manufacturer in Asia and Andrew Yule have bought 350100 shares in organic chemical manufacturer *Archit Organosys* as it posted an encouraging 9MFY21 and expects to turn around in Q4. Buy it on BSE for hefty gains.
• *Tourism Finance Corporation*’s stellar Q4 with NP rising 49% to Rs. 18.18 cr. v/s Rs. 12.17 cr. last year is an invitation to buy as its management is optimistic about the future as unlocking begins. The stock trades cheap and can give a quick 50% return.
• *Mukesh Ambani group*’s media stocks displayed a strong run-up last week. *DEN Network* recorded a strong technical break out on record weekly volumes. It is a good buy for 30% returns in the short term.