Govt eases listing norms for companies having over ₹1 lakh cr m-cap
https://www.livemint.com/companies/news/govt-eases-listing-norms-for-companies-having-over-rs-1-lakh-cr-mcap-11624297446693.html
https://www.livemint.com/companies/news/govt-eases-listing-norms-for-companies-having-over-rs-1-lakh-cr-mcap-11624297446693.html
mint
Govt eases listing norms for companies having over ₹1 lakh cr m-cap
Such entities will be required to increase its public shareholding to 10 per cent in two years and raise the same to at least 25 per cent within five year.In February this year, Sebi's board approved relaxing the minimum public offer norms for large issuers
NCLT to pass order on Kalrock-Jalan's plan for Jet Airways revival today
https://mybs.in/2ZfCfZK
－shared via Business Standard iPhone App
https://mybs.in/2ZfCfZK
－shared via Business Standard iPhone App
Business-Standard
NCLT to pass order on Kalrock-Jalan's plan for Jet Airways revival today
The airline suspended operations in April 2019 and is under insolvency for nearly two years
Centre to tighten e-commerce rules
https://www.livemint.com/news/india/govt-to-tighten-rules-on-e-commerce-to-impose-ban-on-flash-sale-of-products-11624288529035.html
https://www.livemint.com/news/india/govt-to-tighten-rules-on-e-commerce-to-impose-ban-on-flash-sale-of-products-11624288529035.html
mint
Centre to tighten e-commerce rules
Government proposes to limit so-called ‘flash sales’ by e-tailers.E-commerce firms are also expected to establish adequate redressal mechanisms and appoint a chief compliance officer
🔹 *STOCKS TO WATCH:*
OIL INDIA, B L KASHYAP, MM FORGINGS, GPT INFRA, VST TILLERS, BHARTI AIRTEL, KPIT TECH, SAIL
Oil India: Q4 Sl Net Profit 8.48b Rupees Vs 9.26b (YoY); Est 7.66b | 9.04b (QoQ) || Q4 Revenue 25.80b Rupees Vs 25.9b (YoY) || Exceptional Loss Of 701m Rupees
B L Kashyap & Sons: Co Got New Orders From Domestic Unrelated Clients Of About 3.69b Rupees
MM Forgings: Q4 Cons Net Profit 341.2m Rupees Vs 31m (YoY) | 154.7m (QoQ) || Q4 Revenue 2.93b Rupees Vs 1.65b (YoY) || Declared Interim Dividend Of 5 Rupees/Share
GPT Infraprojects: Q4 Cons Net Profit 83.9m Rupees Vs 9.5m (YoY) | 49.4m (QoQ) || Q4 Revenue 2.12b Rupees Vs 1.87b (YoY) || Recommended Final Dividend Of 1 Rupee Per Share
VST Tillers: Q4 Sl Net Profit 129.3m Rupees Vs Loss 34m (YoY); Est Profit 250m | Profit 308m (QoQ) || Q4 Revenue 1.95b Rupees Vs 1.2b (YoY) || Recommended Final Dividend Of 20 Rupees Per Share
Bharti Airtel: Co, Tata Group Announce Strategic Partnership For Implementing 5g Networks Solutions For India
KPIT Technologies: Co Approved Acquisition Of Pathpartner Technology || Total Consideration For 60% Stake Is 890m Rupees || Total Consideration For 100% Stake Will Not Exceed 1.91b Rupees
SAIL: Life Insurance Corp Of India Cuts Stake In Co From 10.71% To 8.69%
🔹 *Earnings Today:*
Aster DM, Avanti Feeds, Bharat Electronics, GE Power, ITI, Kilitch Drugs, Max India, NMDC, Omax Autos, PNB Gilts
🔹 *2 Stocks under F&O ban forTODAY:*
1️⃣Vodafone Idea
2️⃣Sun TV Network
New in Ban: Vodafone Idea
Out of Ban: Adani Ports, PNB and BHEL
OIL INDIA, B L KASHYAP, MM FORGINGS, GPT INFRA, VST TILLERS, BHARTI AIRTEL, KPIT TECH, SAIL
Oil India: Q4 Sl Net Profit 8.48b Rupees Vs 9.26b (YoY); Est 7.66b | 9.04b (QoQ) || Q4 Revenue 25.80b Rupees Vs 25.9b (YoY) || Exceptional Loss Of 701m Rupees
B L Kashyap & Sons: Co Got New Orders From Domestic Unrelated Clients Of About 3.69b Rupees
MM Forgings: Q4 Cons Net Profit 341.2m Rupees Vs 31m (YoY) | 154.7m (QoQ) || Q4 Revenue 2.93b Rupees Vs 1.65b (YoY) || Declared Interim Dividend Of 5 Rupees/Share
GPT Infraprojects: Q4 Cons Net Profit 83.9m Rupees Vs 9.5m (YoY) | 49.4m (QoQ) || Q4 Revenue 2.12b Rupees Vs 1.87b (YoY) || Recommended Final Dividend Of 1 Rupee Per Share
VST Tillers: Q4 Sl Net Profit 129.3m Rupees Vs Loss 34m (YoY); Est Profit 250m | Profit 308m (QoQ) || Q4 Revenue 1.95b Rupees Vs 1.2b (YoY) || Recommended Final Dividend Of 20 Rupees Per Share
Bharti Airtel: Co, Tata Group Announce Strategic Partnership For Implementing 5g Networks Solutions For India
KPIT Technologies: Co Approved Acquisition Of Pathpartner Technology || Total Consideration For 60% Stake Is 890m Rupees || Total Consideration For 100% Stake Will Not Exceed 1.91b Rupees
SAIL: Life Insurance Corp Of India Cuts Stake In Co From 10.71% To 8.69%
🔹 *Earnings Today:*
Aster DM, Avanti Feeds, Bharat Electronics, GE Power, ITI, Kilitch Drugs, Max India, NMDC, Omax Autos, PNB Gilts
🔹 *2 Stocks under F&O ban forTODAY:*
1️⃣Vodafone Idea
2️⃣Sun TV Network
New in Ban: Vodafone Idea
Out of Ban: Adani Ports, PNB and BHEL
*Result Highlights*
Info Edge (India) Ltd.: Net Revenue at Rs. 296.5 crore, Rs. 327.6 crore YoY, Rs. 277.6 crore QoQ (-9.5% YoY, +6.8% QoQ). EBITDA at Rs. 52.1 crore, Rs. 91.6 crore YoY, Rs. 67.2 crore QoQ (-43.1% YoY, -22.5% QoQ). EBITDA Margin at 17.6%, -1040 bps YoY and -663 bps QoQ. Net Profit at Rs. 308.1 crore, Rs. 119.1 crore YoY, Rs. 679.0 crore QoQ (+158.7% YoY, -54.6% QoQ).
Oil India Ltd.: Net Revenue at Rs. 6504.9 crore, Rs. 4540.4 crore YoY, Rs. 6330.0 crore QoQ (+43.3% YoY, +2.8% QoQ). EBITDA at Rs. 1886.9 crore, Rs. -12.7 crore YoY, Rs. 1160.8 crore QoQ. EBITDA Margin at 29%, +2929 bps YoY and +1067 bps QoQ. Net Profit at Rs. 1142.4 crore, Rs. 1729.4 crore YoY, Rs. 1567.9 crore QoQ (-33.9% YoY, -27.1% QoQ). Ashika
Bharat Dynamics Ltd.: Net Revenue at Rs. 1136.9 crore, Rs. 1439.4 crore YoY, Rs. 459.3 crore QoQ (-21% YoY, +147.5% QoQ). EBITDA at Rs. 344.3 crore, Rs. 414.1 crore YoY, Rs. 39.7 crore QoQ (-16.8% YoY, +766.5% QoQ). EBITDA Margin at 30.3%, +152 bps YoY and +2164 bps QoQ. Net Profit at Rs. 260.4 crore, Rs. 309.7 crore YoY, Rs. 49.2 crore QoQ (-15.9% YoY, +429.3% QoQ).
TCNS Clothing Co Ltd.: Net Revenue at Rs. 221.1 crore, Rs. 219.2 crore YoY, Rs. 237.9 crore QoQ (+0.9% YoY, -7.1% QoQ). EBITDA at Rs. 22.9 crore, Rs. -4.8 crore YoY, Rs. 38.5 crore QoQ. EBITDA Margin at 10.4%, +1257 bps YoY and +-579 bps QoQ. Net Profit at Rs. 3.9 crore, Rs. -23.8 crore YoY, Rs. 12.7 crore QoQ.
Jaiprakash Associates Ltd.: Net Revenue at Rs. 2517.2 crore, Rs. 1876.0 crore YoY, Rs. 1440.4 crore QoQ (+34.2% YoY, +74.8% QoQ). EBITDA at Rs. 691.6 crore, Rs. 123.0 crore YoY, Rs. 74.2 crore QoQ (+462.2% YoY, +831.8% QoQ). EBITDA Margin at 27.5%, +2092 bps YoY and +2232 bps QoQ. Net Profit at Rs. 424.4 crore, Rs. 3068.3 crore YoY, Rs. -302.1 crore QoQ. Ashika
MM Forgings Ltd.: Net Revenue at Rs. 285.8 crore, Rs. 168.5 crore YoY, Rs. 222.9 crore QoQ (+69.6% YoY, +28.2% QoQ). EBITDA at Rs. 56.5 crore, Rs. 33.2 crore YoY, Rs. 39.9 crore QoQ (+70% YoY, +41.5% QoQ). EBITDA Margin at 19.8%, +4 bps YoY and +185 bps QoQ. Net Profit at Rs. 30.1 crore, Rs. 6.5 crore YoY, Rs. 15.3 crore QoQ (+360.9% YoY, +96.5% QoQ).
HBL Power Systems Ltd.: Net Revenue at Rs. 299.8 crore, Rs. 262.8 crore YoY, Rs. 233.2 crore QoQ (+14.1% YoY, +28.5% QoQ). EBITDA at Rs. 24.4 crore, Rs. 22.3 crore YoY, Rs. 20.6 crore QoQ (+9.3% YoY, +18.4% QoQ). EBITDA Margin at 8.1%, -36 bps YoY and -69 bps QoQ. Net Profit at Rs. 10.2 crore, Rs. 9.3 crore YoY, Rs. 8.2 crore QoQ (+8.7% YoY, +24.1% QoQ).
Info Edge (India) Ltd.: Net Revenue at Rs. 296.5 crore, Rs. 327.6 crore YoY, Rs. 277.6 crore QoQ (-9.5% YoY, +6.8% QoQ). EBITDA at Rs. 52.1 crore, Rs. 91.6 crore YoY, Rs. 67.2 crore QoQ (-43.1% YoY, -22.5% QoQ). EBITDA Margin at 17.6%, -1040 bps YoY and -663 bps QoQ. Net Profit at Rs. 308.1 crore, Rs. 119.1 crore YoY, Rs. 679.0 crore QoQ (+158.7% YoY, -54.6% QoQ).
Oil India Ltd.: Net Revenue at Rs. 6504.9 crore, Rs. 4540.4 crore YoY, Rs. 6330.0 crore QoQ (+43.3% YoY, +2.8% QoQ). EBITDA at Rs. 1886.9 crore, Rs. -12.7 crore YoY, Rs. 1160.8 crore QoQ. EBITDA Margin at 29%, +2929 bps YoY and +1067 bps QoQ. Net Profit at Rs. 1142.4 crore, Rs. 1729.4 crore YoY, Rs. 1567.9 crore QoQ (-33.9% YoY, -27.1% QoQ). Ashika
Bharat Dynamics Ltd.: Net Revenue at Rs. 1136.9 crore, Rs. 1439.4 crore YoY, Rs. 459.3 crore QoQ (-21% YoY, +147.5% QoQ). EBITDA at Rs. 344.3 crore, Rs. 414.1 crore YoY, Rs. 39.7 crore QoQ (-16.8% YoY, +766.5% QoQ). EBITDA Margin at 30.3%, +152 bps YoY and +2164 bps QoQ. Net Profit at Rs. 260.4 crore, Rs. 309.7 crore YoY, Rs. 49.2 crore QoQ (-15.9% YoY, +429.3% QoQ).
TCNS Clothing Co Ltd.: Net Revenue at Rs. 221.1 crore, Rs. 219.2 crore YoY, Rs. 237.9 crore QoQ (+0.9% YoY, -7.1% QoQ). EBITDA at Rs. 22.9 crore, Rs. -4.8 crore YoY, Rs. 38.5 crore QoQ. EBITDA Margin at 10.4%, +1257 bps YoY and +-579 bps QoQ. Net Profit at Rs. 3.9 crore, Rs. -23.8 crore YoY, Rs. 12.7 crore QoQ.
Jaiprakash Associates Ltd.: Net Revenue at Rs. 2517.2 crore, Rs. 1876.0 crore YoY, Rs. 1440.4 crore QoQ (+34.2% YoY, +74.8% QoQ). EBITDA at Rs. 691.6 crore, Rs. 123.0 crore YoY, Rs. 74.2 crore QoQ (+462.2% YoY, +831.8% QoQ). EBITDA Margin at 27.5%, +2092 bps YoY and +2232 bps QoQ. Net Profit at Rs. 424.4 crore, Rs. 3068.3 crore YoY, Rs. -302.1 crore QoQ. Ashika
MM Forgings Ltd.: Net Revenue at Rs. 285.8 crore, Rs. 168.5 crore YoY, Rs. 222.9 crore QoQ (+69.6% YoY, +28.2% QoQ). EBITDA at Rs. 56.5 crore, Rs. 33.2 crore YoY, Rs. 39.9 crore QoQ (+70% YoY, +41.5% QoQ). EBITDA Margin at 19.8%, +4 bps YoY and +185 bps QoQ. Net Profit at Rs. 30.1 crore, Rs. 6.5 crore YoY, Rs. 15.3 crore QoQ (+360.9% YoY, +96.5% QoQ).
HBL Power Systems Ltd.: Net Revenue at Rs. 299.8 crore, Rs. 262.8 crore YoY, Rs. 233.2 crore QoQ (+14.1% YoY, +28.5% QoQ). EBITDA at Rs. 24.4 crore, Rs. 22.3 crore YoY, Rs. 20.6 crore QoQ (+9.3% YoY, +18.4% QoQ). EBITDA Margin at 8.1%, -36 bps YoY and -69 bps QoQ. Net Profit at Rs. 10.2 crore, Rs. 9.3 crore YoY, Rs. 8.2 crore QoQ (+8.7% YoY, +24.1% QoQ).
Market Wizard
📊MARKET WIZARD 📢NEWSLETTER ISSUE 13 UPDATES 🎯Fundamental Stocks🎯 ▶️Lincoln Pharmaceuticals Ltd - 291.9 ▶️TV 18 Broadcast Ltd - 42.6 ▶️Triton Valves Ltd - 1080 ▶️Cerebra Integrated Technologies Ltd - 57 🎯Technical Stocks🎯 ▶️Agri-Tech (India) Ltd - 46.4…
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