Tata Motors share price hits 10% lower circuit as company flags concerns over chip shortage

https://www.moneycontrol.com/news/business/stocks/tata-motors-share-price-hits-10-lower-circuit-as-company-flags-concern-over-chip-shortage-7131901.html

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NEGATIVE FOR TATA MOTORS - Expects negative EBIT and Cash Outflow of £1 bn in Q1

The company expects to report a cash outflow of about £1 billion with a negative EBIT margin for the quarter. Total liquidity at the end of the first quarter was over £5.6 billion

Tata JLR Update …Stock gains nearly 3%

 

·         Tata Motor – Q1 Retail sales for JLR at 124537 vehicles (up 68.1%), JLR wholesale at 84442 units in Q1

·         Tata JLR sees cash outflow of about 1bn Pound with a negative EBIT margin in Q2

·         Tata JLR Cash and short term investment GBP 3.7b at end of June

·         Tata JLR sees substantial improvement in operating cash flow in Second half

·         Tata JLR sees chip shortage in 2Q to be greater than Q1

 

NMDC: GOVERNMENT OF CHHATTISGARH HAS ISSUED LETTER OF INTENT (LOI) FOR BAILADILA IRON ORE MINE, DEPOSIT-4, SOUTH BASTAR, DANTEWADA DISTRICT IN FAVOUR OF CO

Tata Motors -10% Fall reason:
What did they guide earlier for FY21
- EBIT margins ≥4%
- Free Cash Flow Break Even
What did they say today
- Q1, Q2 negative EBIT
- FCF negative £1 bn

Analysts say EPS impact of 5-6% in FY22, FY23 remains unchanged

China’s $12 Trillion Corporate Debt Market Faces More Defaults
https://www.bloomberg.com/graphics/china-credit-tracker/

Next 3 years are going to be very difficult for equity investors, warns S Naren

https://economictimes.indiatimes.com/markets/expert-view/next-3-years-are-going-to-be-very-difficult-for-equity-investors-warns-s-naren/articleshow/84167167.cms

Download Economic Times App to stay updated with Business News - https://etapp.onelink.me/tOvY/135dde21

Home sales rise by 23% across top seven cities: PropEquity

https://www.moneycontrol.com/news/business/real-estate/home-sales-rise-by-23-across-top-seven-cities-propequity-7128211.html

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Steel companies reduce prices by Rs 1,200-2,000 a tonne across products
https://mybs.in/2ZfpYdt

－shared via Business Standard iPhone App

Nandan Nilekani to join govt panel as advisor to prevent digital monopolies
https://www.livemint.com/news/india/nandan-nilekani-to-join-govt-panel-as-advisor-to-prevent-digital-monopolies-11625493776768.html

*CLSA: India Strategy — Taking stock - July 21*

*Add ONGC but remove Bharti from CLSA’s India focus portfolio*

The Nifty’s 7% rally during the Apr-Jun 2021 quarter was better than most global markets. This has taken up its relative valuation to Asia ex-Japan as well as EM benchmarks to just shy of +1 std. its average premium but it remains one of the best earnings growth stories in the world. This quarter did not see dominant investment style based performance. After starting the quarter at neutral, India’s Bull-Bear Index ended at an elevated level even after cooling off from the extreme bullish levels of mid-Jun. Our India focus portfolio has outperformed the Nifty by 5ppt/20ppt during the quarter/YTD. We add ONGC to this portfolio and remove Bharti Airtel. A further pick-up in vaccinations and the continued relaxation by states driving economic normalisation by end-2021 should keep investors optimistic, in our view.

LEATHER SECTOR CAN GET 6-8% PLI

#BREAKING

#BATAINDIA
#LIBERTY

Posted good results- stock fallen
Posted good sales data- stock fallen
Main reason is of uncertainty of OFS which is going to complete Now
As per previous IRCTC OFS after OFS uncertainty stock tends to move higher

#TOP10 #StocksInFocus
1- ONGC / HOEC / OIL / PAINT COs.
2- REAL ESTATE STOCKS
3- INFO EDGE
4- AU SF BANK / IDFC FIRST BANK
5- INDIGO / SPICEJET / EASY MY TRIP
6- NMDC
7- TATA MOTORS
8- INDIA PESTICIDE
9- BIOCON
10-MUTHOOT FIN / MANAPPURAM

06-July-21

FII EQ: -543.30
DII EQ: +521.30


FII FO: +3274.82

IND FUT: +223.73
IND OPT: +2366.66
STK FUT: +1058.68
STK OPT: -374.25

*Facts on Paytm and its IPO*

$2.3 bn (Rs17082 Cr) IPO - Expected to be India's largest after Coal India (15200Cr) and Rpower(11700 CR)

Expected Valuation post IPO - $23-25 Bn

Stats of Paytm -

Revenue -
FY21 - 3187 Cr
FY20 - 3541 Cr

Loss -
FY21 - 1704 Cr
FY20 - 2942 Cr

*ZOMATO IPO - MEGA EVENT of FY 2021-22:*

Original Size: 8250 Cr
(Fresh 7500 Cr+OFS 750 Cr)
Dates: July 2021
*Face Value: Re. 1/-*
Price: 70/- approx
Lot: 200 approx
Shareholder: NO
Retail: 10%
*Loss Making: Yes*
*EPS: (-)ve*
*RONW: (-)ve*
Listed Peers: NIL
GMP: 15

*RBL Bank Q1FY22 Business Update – Ok*
• Advances declined by 2% QoQ & increased by 2% YoY to Rs. 58,755 Cr.
• Deposits increased by 2% QoQ & by 21% YoY.
• CASA ratio was at 33.7% vs QoQ 31.8% & YoY 30.1%

Bulk Deal as on 06-07-21

Aro Granite
- 1.24 Lk @ 67.22 Abhinandan Stock Broking Pvt Ltd

Dhani Services Ltd
- 69.85 Lk @ 174.11 Tamarind Capital Pte Ltd
+ 28 Lk @ 174 BNP Paribas Arbitage Ltd

Gg Engineering
- 7 Lk @ 27.53 Ramesh Sawalram Sarogi

Mangalam Drugs
+ 91 K @ 168.22 Jyoti Prasad Taparia

Maris Spinners
+ 90 K @ 46.1 Achintya Securities Pvt Ltd
- 1.50 Lk @ 46.1 Icici Bank Ltd

Star Paper Mills
- 1.04 Lk @ 157.88 Seetha Kumari

Securities in Ban For Trade Date 07-July-2021:

IBULHSGFIN
NATIONALUM
PNB
NMDC


*Added - NMDC *
*Deleted-No*