GM jsk stock in news infosys,tcs,hcltech,jnkbk,mphasis, glandpharma,irfc,ashokabuild,hrmedia,tubeinvst,dbcorp,powermech,pspproj. Negative stocks sbicard,natcophar. Nifty range 15600-15800.

*Jammu & Kashmir Bank Ltd.* | *CMP* Rs. 30 | *M Cap* Rs. 2147 Cr | *52 W H/L* 33/12
(Nirmal Bang Retail Research)
*Result has improved* due to lower slippages and higher recoveries leading to lower credit costs
Net Interest Income came at Rs. 917.4 Cr vs YoY Rs. 987.2 Cr, QoQ Rs. 1005.1 Cr
Non Interest Income came at Rs. 178.1 Cr vs YoY Rs. 120.9 Cr, QoQ Rs. 271.7 Cr
PBP came at Rs. 314.4 Cr vs YoY Rs. 382.1 Cr, QoQ Rs. 563.5 Cr
Provisions came at Rs. 28.3 Cr vs YoY Rs. 620.5 Cr, QoQ Rs. 457.6 Cr
Adj. PAT came at Rs. 315.8 Cr vs YoY Rs. -294.1 Cr, QoQ Rs. 65.9 Cr
Gross NPA came at Rs. 6954.8 Cr vs QoQ Rs. 6196.1 Cr at 9.67% vs QoQ (non proforma) 8.71%
Net NPA came at Rs. 1969.3 Cr vs QoQ Rs. 1664.3 Cr at 2.95% vs QoQ (non proforma) 2.5%
Q4 slippage as per press release is around less than Rs. 1,000 Cr taking cumulative slippage for FY21 at around ~Rs. 1100 Cr (1.7%) vs Rs. 4054 Cr (6.3%) in FY20
Quarter EPS is Rs. 4.4
Share is trading 0.44x trailing P/Adj. BV

*Hindustan Media Ventures Ltd.* | *CMP* Rs. 95 | *M Cap* Rs. 700 Cr | *52 W H/L* 95/36
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 161.8 Cr (-0.5% QoQ, -8.4% YoY) vs QoQ Rs. 162.6 Cr, YoY Rs. 176.6 Cr
EBIDTA came at Rs. 25.6 Cr (41% QoQ, 75.7% YoY) vs QoQ Rs. 18.2 Cr, YoY Rs. 14.6 Cr
EBITDA Margin came at 15.9% vs QoQ 11.2%, YoY 8.3%
Adj. PAT came at Rs. 21.1 Cr vs QoQ Rs. 34.3 Cr, YoY Rs. 25.9 Cr
Quarter EPS is Rs. 2.9
Share is trading at P/E of 10.1x TTM EPS

*Indostar Capital Finance Ltd. - C* | *CMP* Rs. 384 | *M Cap* Rs. 4751 Cr | *52 W H/L* 424/238
(Nirmal Bang Retail Research)
*Result has declined*
NII came at Rs. 119.1 Cr vs YoY Rs. 136.9 Cr, QoQ Rs. 155.3 Cr
PBP came at Rs. 38.3 Cr vs YoY Rs. 13.7 Cr, QoQ Rs. 76.6 Cr
Provision came at Rs. 383.8 Cr vs YoY Rs. 576.7 Cr, QoQ Rs. 45.9 Cr
PAT came at Rs. -317.1 Cr vs YoY Rs. -421.4 Cr, QoQ Rs. 24.2 Cr
AUM came at Rs. 0 Cr vs YoY Rs. 9689.9 Cr, QoQ Rs. 8864.5 Cr
Gross NPA (%) came at 4.4% vs QoQ 2.8%
Net NPA (%) came at 2.1% vs QoQ 1.8%
Total additional Covid-19 provisions carried are Rs 400 cr (4.8%)
Quarter EPS is Rs. -25.6
Share is trading at P/E of 24.6x FY22E EPS & 1.3x trailing P/BV

*Tube Investments of India Ltd.* | *CMP* Rs. 1232 | *M Cap* Rs. 23755 Cr | *52 W H/L* 1450/390
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 1480.2 Cr (13% QoQ, 58.4% YoY) vs expectation of Rs. 1335.3 Cr, QoQ Rs. 1309.4 Cr, YoY Rs. 934.6 Cr
EBIDTA came at Rs. 187.7 Cr (3.4% QoQ, 41.5% YoY) vs expectation of Rs. 161.5 Cr, QoQ Rs. 181.4 Cr, YoY Rs. 132.6 Cr
EBITDA Margin came at 12.7% vs expectation of 12.1%, QoQ 13.9%, YoY 14.2%
Adj. PAT came at Rs. 142.5 Cr vs expectation of Rs. 95.2 Cr, QoQ Rs. 107.1 Cr, YoY Rs. 95.5 Cr
Quarter EPS is Rs. 7.4
Share is trading at P/E of 80.6x TTM EPS

*Power Grid Corporation Of India Ltd.* | *CMP* Rs. 240 | *M Cap* Rs. 125558 Cr | *52 W H/L* 252/155
(Nirmal Bang Retail Research)
*Result inline*
Revenue from Operations came at Rs. 9942.5 Cr (2.7% QoQ, 2.5% YoY) vs expectation of Rs. 10604.4 Cr, QoQ Rs. 9676.6 Cr, YoY Rs. 9704.5 Cr
EBIDTA came at Rs. 8747.2 Cr (3.4% QoQ, 8.4% YoY) vs expectation of Rs. 8993.5 Cr, QoQ Rs. 8460.5 Cr, YoY Rs. 8072.2 Cr
EBITDA Margin came at 88% vs expectation of 84.8%, QoQ 87.4%, YoY 83.2%
Adj. PAT came at Rs. 3882.1 Cr vs expectation of Rs. 3208.9 Cr, QoQ Rs. 2944.3 Cr, YoY Rs. 2206.9 Cr
Quarter EPS is Rs. 7.4
Share is trading at P/E of 9.9x FY22E EPS

Indian HRC trade prices declined by INR 1,500-2,000/tonne (t) this week in the northern region due to slow demand in the domestic market. Negative

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