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_*Closing Bell...!!!*_
_Sensex Stages 615-Point Rebound, Ends 77 Points Higher; Nifty Tops 15800; BHEL, Adani Ports Drop Up To 12%._
_*Nifty*_- 15812 (+13)
_*Sensex*_- 52552 (+77)
_*Nifty Bank*_- 34951 (-97)
_*Nifty IT*_- 28314 (+97)
_*Gold*_- 48395 (-508)
_*Silver*_- 71540 (-987)
_*Crude Oil*_- 5231 (+29)
_*Natural Gas*_- 242 (-1)
_*$/₹*_- 73.27
_*Top Gainers*_- GPIL, FDC, ECLERX, NBVENTURES
_*Top Losers*_- ADANITRANS, ADANIPORTS, ZENSARTECH, ATGL
_*Most Active*_- ADANIPORTS, ADANIENT, RELIANCE, TATASTEEL
_*Advances*_- 887
_*Declines*_- 1094
_*Unchanged*_- 322
_*MJ (RTB)*_
_Sensex Stages 615-Point Rebound, Ends 77 Points Higher; Nifty Tops 15800; BHEL, Adani Ports Drop Up To 12%._
_*Nifty*_- 15812 (+13)
_*Sensex*_- 52552 (+77)
_*Nifty Bank*_- 34951 (-97)
_*Nifty IT*_- 28314 (+97)
_*Gold*_- 48395 (-508)
_*Silver*_- 71540 (-987)
_*Crude Oil*_- 5231 (+29)
_*Natural Gas*_- 242 (-1)
_*$/₹*_- 73.27
_*Top Gainers*_- GPIL, FDC, ECLERX, NBVENTURES
_*Top Losers*_- ADANITRANS, ADANIPORTS, ZENSARTECH, ATGL
_*Most Active*_- ADANIPORTS, ADANIENT, RELIANCE, TATASTEEL
_*Advances*_- 887
_*Declines*_- 1094
_*Unchanged*_- 322
_*MJ (RTB)*_
Adani Power
Adani Transmission
Adani Total Gas
Adani Green
*All stocks are shifted to T2T*
T2T means.. you cannot sell share same day, even within 2 days.. For E.g. Bought on Monday it cannot be sold before Wednesday...
Big Breaking-- 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.
Adani Transmission
Adani Total Gas
Adani Green
*All stocks are shifted to T2T*
T2T means.. you cannot sell share same day, even within 2 days.. For E.g. Bought on Monday it cannot be sold before Wednesday...
Big Breaking-- 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.
https://youtu.be/ATqyeMBIku0
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For more such interesting market insights, please subscribe to Nirmal Bang's YouTube channel.
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Commodity Strategies By Mr. Kunal Shah, Head Of Commodities Research, Nirmal Bang
Commodity Strategy
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*Globus Spirits Ltd.* | *CMP* Rs. 408 | *M Cap* Rs. 1175 Cr | *52 W H/L* 423/97
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 356.7 Cr (12.7% QoQ, 31.4% YoY) vs QoQ Rs. 316.4 Cr, YoY Rs. 271.5 Cr
EBIDTA came at Rs. 90.6 Cr (34.3% QoQ, 156.3% YoY) vs QoQ Rs. 67.5 Cr, YoY Rs. 35.3 Cr
EBITDA Margin came at 25.4% vs QoQ 21.3%, YoY 13%
Adj. PAT came at Rs. 50.6 Cr vs QoQ Rs. 38.2 Cr, YoY Rs. 19.4 Cr
Quarter EPS is Rs. 17.6
Share is trading at P/E of 8.3x TTM EPS
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 356.7 Cr (12.7% QoQ, 31.4% YoY) vs QoQ Rs. 316.4 Cr, YoY Rs. 271.5 Cr
EBIDTA came at Rs. 90.6 Cr (34.3% QoQ, 156.3% YoY) vs QoQ Rs. 67.5 Cr, YoY Rs. 35.3 Cr
EBITDA Margin came at 25.4% vs QoQ 21.3%, YoY 13%
Adj. PAT came at Rs. 50.6 Cr vs QoQ Rs. 38.2 Cr, YoY Rs. 19.4 Cr
Quarter EPS is Rs. 17.6
Share is trading at P/E of 8.3x TTM EPS
*IDFC Ltd.* | *CMP* Rs. 57 | *M Cap* Rs. 9155 Cr | *52 W H/L* 60/17
(Nirmal Bang Retail Research)
*Result has improved*
*Result is insignificant as IDFC Ltd is the holding Co of IDFC Bank Ltd. IDFC Bank has already declared its result which was ok*
Revenue from Operations came at Rs. 127.8 Cr (23.1% QoQ, 171.5% YoY) vs QoQ Rs. 103.8 Cr, YoY Rs. 47.1 Cr
EBIDTA came at Rs. 65.3 Cr (23.6% QoQ, -378.1% YoY) vs QoQ Rs. 52.8 Cr, YoY Rs. -23.5 Cr
EBITDA Margin came at 51.1% vs QoQ 50.9%, YoY -49.9%
Adj. PAT came at Rs. 41.1 Cr vs QoQ Rs. -205.6 Cr, YoY Rs. -240.5 Cr
Quarter EPS is Rs. 0.3
Share is trading at P/E of -27.2x TTM EPS
(Nirmal Bang Retail Research)
*Result has improved*
*Result is insignificant as IDFC Ltd is the holding Co of IDFC Bank Ltd. IDFC Bank has already declared its result which was ok*
Revenue from Operations came at Rs. 127.8 Cr (23.1% QoQ, 171.5% YoY) vs QoQ Rs. 103.8 Cr, YoY Rs. 47.1 Cr
EBIDTA came at Rs. 65.3 Cr (23.6% QoQ, -378.1% YoY) vs QoQ Rs. 52.8 Cr, YoY Rs. -23.5 Cr
EBITDA Margin came at 51.1% vs QoQ 50.9%, YoY -49.9%
Adj. PAT came at Rs. 41.1 Cr vs QoQ Rs. -205.6 Cr, YoY Rs. -240.5 Cr
Quarter EPS is Rs. 0.3
Share is trading at P/E of -27.2x TTM EPS
*Kajaria Ceramics Ltd.* | *CMP* Rs. 1037 | *M Cap* Rs. 16497 Cr | *52 W H/L* 1037/343
(Nirmal Bang Retail Research)
*Result marginally ahead of Expectation*
Revenue from Operations came at Rs. 952.5 Cr (13.6% QoQ, 46.1% YoY) vs expectation of Rs. 877 Cr, QoQ Rs. 838.3 Cr, YoY Rs. 652 Cr
EBIDTA came at Rs. 190.9 Cr (5% QoQ, 104.5% YoY) vs expectation of Rs. 181.3 Cr, QoQ Rs. 181.8 Cr, YoY Rs. 93.4 Cr
EBITDA Margin came at 20% vs expectation of 20.7%, QoQ 21.7%, YoY 14.3%
Adj. PAT came at Rs. 127.1 Cr vs expectation of Rs. 113.8 Cr, QoQ Rs. 118.9 Cr, YoY Rs. 49.6 Cr
Quarter EPS is Rs. 8
Share is trading at P/E of 43.5x FY22E EPS
(Nirmal Bang Retail Research)
*Result marginally ahead of Expectation*
Revenue from Operations came at Rs. 952.5 Cr (13.6% QoQ, 46.1% YoY) vs expectation of Rs. 877 Cr, QoQ Rs. 838.3 Cr, YoY Rs. 652 Cr
EBIDTA came at Rs. 190.9 Cr (5% QoQ, 104.5% YoY) vs expectation of Rs. 181.3 Cr, QoQ Rs. 181.8 Cr, YoY Rs. 93.4 Cr
EBITDA Margin came at 20% vs expectation of 20.7%, QoQ 21.7%, YoY 14.3%
Adj. PAT came at Rs. 127.1 Cr vs expectation of Rs. 113.8 Cr, QoQ Rs. 118.9 Cr, YoY Rs. 49.6 Cr
Quarter EPS is Rs. 8
Share is trading at P/E of 43.5x FY22E EPS
DCM SHRIRAM: CO MEET WILL BE HELD ON TUESDAY, THE 29TH JUNE 2021, INTER-ALIA TO CONSIDER A PROPOSAL FOR SUB-DIVISION OF THE NOMINAL VALUE OF THE EQUITY SHARES IN THE COMPANY FROM RS. 10 PER SHARE TO RS. 2 PER SHARE
ABB: CO COMMISSIONS DIGITAL PLATFORM INTEGRATION FOR SUNFLAG STEEL TO ENABLE BETTER METALS PLANT DECISION MAKING
LUPIN: CO GETS UK MARKETING AUTHORIZATION FOR GENERIC FOSTAIR
FOSTAIR HAD 18 BILLION SALES
FOSTAIR HAD 18 BILLION SALES
LAURUS LABS: CO PROMOTER RELEASES PLEDGE 1.7M SHARES OR 0.32% STAKE ON 11TH JUNE
SHRIRAM TRANSPORT: CO RAISES RUPEES 19.99B VIA QIP ROUTE || BOARD ALSO APPROVES PREFERENTIAL ISSUE TO SHRIRAM CAPITAL (PROMOTER) FOR RUPEES 5B
INDIA (MAY) WPI INFLATION (YOY) ACTUAL: 12.94% VS 10.49% PREVIOUS; EST 13.40%
Sebi fines Santosh Kamath, Sanjay Sapre and other debt fund managers in Franklin case
https://economictimes.indiatimes.com/mf/mf-news/sebi-fines-santosh-kamath-sanjay-sapre-and-other-debt-fund-managers-in-franklin-case/articleshow/83513486.cms
Download Economic Times App to stay updated with Business News -
https://etapp.onelink.me/tOvY/135dde21
https://economictimes.indiatimes.com/mf/mf-news/sebi-fines-santosh-kamath-sanjay-sapre-and-other-debt-fund-managers-in-franklin-case/articleshow/83513486.cms
Download Economic Times App to stay updated with Business News -
https://etapp.onelink.me/tOvY/135dde21
The Economic Times
Sebi fines Santosh Kamath, Sanjay Sapre and other debt fund managers in Franklin case
In another blow to Franklin Templeton AMC, Sebi has decided to fine the CEO, CIO, debt fund managers and other top officials in the case of shutting down of six debt mutual fund schemes in 2020.
Market Wizard
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https://t.me/marketswizard
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Market Wizard
FREE FINANCIAL EDUCATIONAL CHANNEL
Disclaimer : We are not SEBI Registered. Please consult your financial advisor before investing.
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All the posts appearing in the channel are only for educational and informational purposes.
ALL RIGHTS RESERVED!!!
Result Highlights
JK Cement Ltd.: Net Revenue at Rs. 2134.2 crore, Rs. 1545.7 crore YoY, Rs. 1832.7 crore QoQ (+38.1% YoY, +16.4% QoQ). EBITDA at Rs. 444.4 crore, Rs. 352.1 crore YoY, Rs. 450.3 crore QoQ (+26.2% YoY, -1.3% QoQ). EBITDA Margin at 20.8%, -196 bps YoY and -375 bps QoQ. Net Profit at Rs. 214.3 crore, Rs. 160.8 crore YoY, Rs. 217.3 crore QoQ (+33.3% YoY, -1.4% QoQ).
Anupam Rasayan India Ltd.: Net Revenue at Rs. 271.7 crore, Rs. 157.1 crore YoY, Rs. 184.1 crore QoQ (+73% YoY, +47.6% QoQ). EBITDA at Rs. 63.0 crore, Rs. 32.7 crore YoY, Rs. 53.4 crore QoQ (+92.5% YoY, +18.1% QoQ). EBITDA Margin at 23.2%, +235 bps YoY and +-580 bps QoQ. Net Profit at Rs. 22.1 crore, Rs. 10.4 crore YoY, Rs. 21.7 crore QoQ (+113.3% YoY, +2.3% QoQ). Ashika
Minda Industries Ltd.: Net Revenue at Rs. 2238.3 crore, Rs. 1339.0 crore YoY, Rs. 2031.2 crore QoQ (+67.2% YoY, +10.2% QoQ). EBITDA at Rs. 301.6 crore, Rs. -18.9 crore YoY, Rs. 278.9 crore QoQ (+8.1% QoQ). EBITDA Margin at 13.5%, +1489 bps YoY and +-26 bps QoQ. Net Profit at Rs. 142.4 crore, Rs. 18.9 crore YoY, Rs. 127.7 crore QoQ (+652.4% YoY, +11.4% QoQ).
VRL Logistics Ltd.: Net Revenue at Rs. 600.2 crore, Rs. 497.8 crore YoY, Rs. 563.4 crore QoQ (+20.6% YoY, +6.5% QoQ). EBITDA at Rs. 95.6 crore, Rs. 56.6 crore YoY, Rs. 98.8 crore QoQ (+68.9% YoY, -3.2% QoQ). EBITDA Margin at 15.9%, +456 bps YoY and +-160 bps QoQ. Net Profit at Rs. 37.2 crore, Rs. 2.1 crore YoY, Rs. 39.7 crore QoQ (+1637.3% YoY, -6.5% QoQ).
Capacite Infraprojects Ltd.: Net Revenue at Rs. 369.0 crore, Rs. 307.2 crore YoY, Rs. 305.8 crore QoQ (+20.1% YoY, +20.7% QoQ). EBITDA at Rs. 66.4 crore, Rs. 47.6 crore YoY, Rs. 54.6 crore QoQ (+39.5% YoY, +21.6% QoQ). EBITDA Margin at 18%, +250 bps YoY and +14 bps QoQ. Net Profit at Rs. 24.5 crore, Rs. 4.0 crore YoY, Rs. 15.3 crore QoQ (+507.4% YoY, +59.9% QoQ). Ashika
Care Ratings Ltd.: Net Revenue at Rs. 79.6 crore, Rs. 66.0 crore YoY, Rs. 55.6 crore QoQ (+20.6% YoY, +43.1% QoQ). EBITDA at Rs. 30.6 crore, Rs. 15.2 crore YoY, Rs. 18.3 crore QoQ (+101.7% YoY, +67.4% QoQ). EBITDA Margin at 38.4%, +1544 bps YoY and +557 bps QoQ. Net Profit at Rs. 26.5 crore, Rs. 15.7 crore YoY, Rs. 18.9 crore QoQ (+68.9% YoY, +39.9% QoQ).
Lumax Auto Technologies Ltd.: Net Revenue at Rs. 388.0 crore, Rs. 272.7 crore YoY, Rs. 365.2 crore QoQ (+42.3% YoY, +6.2% QoQ). EBITDA at Rs. 42.7 crore, Rs. 14.6 crore YoY, Rs. 38.0 crore QoQ (+192% YoY, +12.6% QoQ). EBITDA Margin at 11%, +565 bps YoY and +62 bps QoQ. Net Profit at Rs. 24.9 crore, Rs. 6.2 crore YoY, Rs. 25.4 crore QoQ (+299.1% YoY, -1.9% QoQ).
Indian Hume Pipe Company Ltd.: Net Revenue at Rs. 458.7 crore, Rs. 396.9 crore YoY, Rs. 279.9 crore QoQ (+15.6% YoY, +63.9% QoQ). EBITDA at Rs. 49.2 crore, Rs. 58.2 crore YoY, Rs. 28.9 crore QoQ (-15.4% YoY, +70.3% QoQ). EBITDA Margin at 10.7%, -393 bps YoY and 41 bps QoQ. Net Profit at Rs. 38.5 crore, Rs. 25.3 crore YoY, Rs. 4.4 crore QoQ (+51.7% YoY, +767.4% QoQ).
JK Cement Ltd.: Net Revenue at Rs. 2134.2 crore, Rs. 1545.7 crore YoY, Rs. 1832.7 crore QoQ (+38.1% YoY, +16.4% QoQ). EBITDA at Rs. 444.4 crore, Rs. 352.1 crore YoY, Rs. 450.3 crore QoQ (+26.2% YoY, -1.3% QoQ). EBITDA Margin at 20.8%, -196 bps YoY and -375 bps QoQ. Net Profit at Rs. 214.3 crore, Rs. 160.8 crore YoY, Rs. 217.3 crore QoQ (+33.3% YoY, -1.4% QoQ).
Anupam Rasayan India Ltd.: Net Revenue at Rs. 271.7 crore, Rs. 157.1 crore YoY, Rs. 184.1 crore QoQ (+73% YoY, +47.6% QoQ). EBITDA at Rs. 63.0 crore, Rs. 32.7 crore YoY, Rs. 53.4 crore QoQ (+92.5% YoY, +18.1% QoQ). EBITDA Margin at 23.2%, +235 bps YoY and +-580 bps QoQ. Net Profit at Rs. 22.1 crore, Rs. 10.4 crore YoY, Rs. 21.7 crore QoQ (+113.3% YoY, +2.3% QoQ). Ashika
Minda Industries Ltd.: Net Revenue at Rs. 2238.3 crore, Rs. 1339.0 crore YoY, Rs. 2031.2 crore QoQ (+67.2% YoY, +10.2% QoQ). EBITDA at Rs. 301.6 crore, Rs. -18.9 crore YoY, Rs. 278.9 crore QoQ (+8.1% QoQ). EBITDA Margin at 13.5%, +1489 bps YoY and +-26 bps QoQ. Net Profit at Rs. 142.4 crore, Rs. 18.9 crore YoY, Rs. 127.7 crore QoQ (+652.4% YoY, +11.4% QoQ).
VRL Logistics Ltd.: Net Revenue at Rs. 600.2 crore, Rs. 497.8 crore YoY, Rs. 563.4 crore QoQ (+20.6% YoY, +6.5% QoQ). EBITDA at Rs. 95.6 crore, Rs. 56.6 crore YoY, Rs. 98.8 crore QoQ (+68.9% YoY, -3.2% QoQ). EBITDA Margin at 15.9%, +456 bps YoY and +-160 bps QoQ. Net Profit at Rs. 37.2 crore, Rs. 2.1 crore YoY, Rs. 39.7 crore QoQ (+1637.3% YoY, -6.5% QoQ).
Capacite Infraprojects Ltd.: Net Revenue at Rs. 369.0 crore, Rs. 307.2 crore YoY, Rs. 305.8 crore QoQ (+20.1% YoY, +20.7% QoQ). EBITDA at Rs. 66.4 crore, Rs. 47.6 crore YoY, Rs. 54.6 crore QoQ (+39.5% YoY, +21.6% QoQ). EBITDA Margin at 18%, +250 bps YoY and +14 bps QoQ. Net Profit at Rs. 24.5 crore, Rs. 4.0 crore YoY, Rs. 15.3 crore QoQ (+507.4% YoY, +59.9% QoQ). Ashika
Care Ratings Ltd.: Net Revenue at Rs. 79.6 crore, Rs. 66.0 crore YoY, Rs. 55.6 crore QoQ (+20.6% YoY, +43.1% QoQ). EBITDA at Rs. 30.6 crore, Rs. 15.2 crore YoY, Rs. 18.3 crore QoQ (+101.7% YoY, +67.4% QoQ). EBITDA Margin at 38.4%, +1544 bps YoY and +557 bps QoQ. Net Profit at Rs. 26.5 crore, Rs. 15.7 crore YoY, Rs. 18.9 crore QoQ (+68.9% YoY, +39.9% QoQ).
Lumax Auto Technologies Ltd.: Net Revenue at Rs. 388.0 crore, Rs. 272.7 crore YoY, Rs. 365.2 crore QoQ (+42.3% YoY, +6.2% QoQ). EBITDA at Rs. 42.7 crore, Rs. 14.6 crore YoY, Rs. 38.0 crore QoQ (+192% YoY, +12.6% QoQ). EBITDA Margin at 11%, +565 bps YoY and +62 bps QoQ. Net Profit at Rs. 24.9 crore, Rs. 6.2 crore YoY, Rs. 25.4 crore QoQ (+299.1% YoY, -1.9% QoQ).
Indian Hume Pipe Company Ltd.: Net Revenue at Rs. 458.7 crore, Rs. 396.9 crore YoY, Rs. 279.9 crore QoQ (+15.6% YoY, +63.9% QoQ). EBITDA at Rs. 49.2 crore, Rs. 58.2 crore YoY, Rs. 28.9 crore QoQ (-15.4% YoY, +70.3% QoQ). EBITDA Margin at 10.7%, -393 bps YoY and 41 bps QoQ. Net Profit at Rs. 38.5 crore, Rs. 25.3 crore YoY, Rs. 4.4 crore QoQ (+51.7% YoY, +767.4% QoQ).
Securities in Ban For Trade Date 15-June-2021:
CANBANK
IBULLHSGFIN
NATIONALUM
PNB
SUNTV
*Added PNB*
*Deleted BHEL*
CANBANK
IBULLHSGFIN
NATIONALUM
PNB
SUNTV
*Added PNB*
*Deleted BHEL*
NSDL says accounts of foreign funds invested in Adani companies are not frozen
https://www.moneycontrol.com/news/business/markets/nsdl-says-accounts-of-foreign-funds-invested-in-adani-companies-are-not-frozen-7034331.html
https://www.moneycontrol.com/news/business/markets/nsdl-says-accounts-of-foreign-funds-invested-in-adani-companies-are-not-frozen-7034331.html
Moneycontrol
NSDL says accounts of foreign funds invested in Adani companies are not frozen
Reports of a freeze on the accounts sent shares of several Adani group companies tumbling on Monday.