Market Wizard

🇮🇳 *India Daybook*

🔹 *Stocks in News*

*Simbhaoli Sugar:* Net profit of Rs 24.0 crore against Rs 13.0 crore and revenue was up at Rs 482.0 crore against Rs 437.0 crore, YoY. (Positive)

*Veto Switch:* Net profit of Rs 4.6 crore against Rs 1.7 crore in the yea-ago. Revenue was up Rs 64.8 crore against Rs 38.8 crore. (Positive)

*Fiem Ind:* Net profit of Rs 28.0 crore against Rs 22.0 crore in the yea-ago. Revenue was up Rs 414.0 crore against Rs 319.0 crore. (Positive)

*Rajesh Exports:* Net profit of Rs 304.0 crore against Rs 269.0 crore in the yea-ago. Revenue was up Rs 64522.0 crore against Rs 47552.0 crore. (Positive)

*BF Utilities:* Net profit of Rs 18.2 crore versus loss Rs 25.5 crore, YoY. Revenues at Rs 113.0 crore versus Rs 199.0 crore, YoY. (Positive)

*Liberty Shoe:* Net profit of Rs 6.9 crore versus Rs 1.7 crore, YoY. Revenues at Rs 162.0 crore versus Rs 199.0 crore, YoY. (Positive)

*Smartlink:* Net profit of Rs 3.2 crore versus loss Rs 4.5 crore, YoY. Revenues at Rs 1291.0 crore versus Rs 1414.0 crore, YoY. (Positive)

*Jain Irrigation:* Net loss at Rs 22.2 crore from Rs 228.0 crore, while revenue at Rs 757.0 crore from Rs 417.0 crore, YoY. (Positive)

*Best Agrolife*: Net profit at Rs 25.26 crore in Q4FY21 against Rs 15.2 crore in Q4FY20, revenue rose to Rs 208.12 crore from Rs 178.28 crore YoY. (Positive)

*Singer:* Company has revised the outlook to 'Positive' from 'Stable' while reaffirming the existing ratings (Positive)

*Cadila:* Zydus applies to the DCGI for EUA to launch ZyCoV-D, the world's first Plasmid DNA vaccine for COVID-19 (Positive)

*Sterling & Wilson Solar*: BNP Paribas Arbitrage bought 11.61 lakh equity shares in the company at Rs 261.96 per share on the NSE. (Positive)

*Dr Reddy:*| Journey medical tied up with company to develop DFD-29. (Positive)

*Reliance Industries:* Spirent Communications has collaborated with Jio Platforms for testing a cloud-based 5G standalone core network for real-world workloads (Positive)

*Jet Airways:* Jalan Kalrock Consortium will make a total cash infusion of Rs 1,375 crore in the airline under the approved resolution plan. (Positive)

*Mro teck:* Net loss at Rs 1.2 crore from Rs 3.6 crore, while revenue at Rs 10.3 crore from Rs 6.6 crore, YoY. (Neutral)

*Shalimar Paints:* Net loss at Rs 28.5 crore from Rs 22.4 crore, while revenue at Rs 111.0 crore from Rs 83.0 crore, YoY. (Neutral)

*Dish TV:* The company posted a loss of Rs 1400.4 crore against a loss of Rs 1450.9 crore in the yea-ago. Revenue was up at Rs 751.0 crore against Rs 869.0 crore. (Neutral)

*Vodafone Idea:* The company’s consolidated net loss widened to Rs 7,022.8 crore in Q4FY21 from Rs 4,532.1 crore, while revenue fell 11.8 percent to Rs 9,607.6 crore from Rs 10,894.1 crore, QoQ. (Neutral)

*SpiceJet:* Net loss narrowed to Rs 235.3 crore from Rs 807 crore, YoY. It announced raising up to Rs 2,500 crore to ensure long-term growth and sustainable operations. (Neutral)

*Tata Steel:* The process to merge Tata Steel BSL with Tata Steel has been advanced. (Neutral)

*Adani Green Energy:* Fair trade regulator CCI has approved the acquisition of the entire shareholding in SB Energy by Adani Green Energy (Neutral)

*Coffee Day Enterprises:* Net loss of Rs 272.09 crore as against a profit of Rs 554.80 crore, YoY. Revenue dropped 69 percent to Rs 165.16 crore from Rs 533.55 crore, YoY. (Neutral)

*Omaxe*: Net profit of Rs 1.11 crore in Q4FY21 as against a net loss of Rs 126.26 crore, YoY. Total income fell to Rs 191.87 crore from Rs 355.38 crore, YoY. (Neutral)

*Ansal Housing*: HDFC sold 13,02,820 equity shares in the company at Rs 8.05 per share on the NSE. (Negative)

*Aviation stocks:* Jet Fuel (ATF) price raised by Rs 2,354/kL(3.6%) to Rs 68,262/kL in Delhi (Negative)

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