Interesting facts about *Birlasoft*:-

1) *Abu Dhabi* investment fund, *Nippon*, *Tata digital*, *Tata insurance* *Aditya Birla Sun Life*, *Invesco*, *ICIC Pru*
All of these funds bought 1-3% stake in June 2021

2) *L&T*, *IDFC* and *Ellipsis* are already holding 2-3%

3) Ashish kacholia and Ashish Dhawan holds 1.17% and 2.88% stake respectively ( 30th June 2021 )

4) *Debt free* and 0% pledging by promoters

Metals like Copper, steel, aluminium and nickel may see increase in price since western countries are planing to increase the mining tax by 40-60%......Next week fw msg

RELIANCE INDUSTRIES: RELIANCE RETAIL TO ACQUIRE MAJORITY STAKE OF 66.95% IN JUST DIAL

RELIANCE INDUSTRIES: RELIANCE RETAIL VENTURES LTD ANNOUNCES ACQUISITION OF CONTROLLING STAKE IN JUST DIAL LIMITED FOR A TOTAL CONSIDERATION OF RUPEESS 3,497 CRORES

RELIANCE INDUSTRIES: RELIANCE RETAIL VENTURES TO HOLD 40.95% AND WOULD MAKE AN OPEN OFFER TO ACQUIRE UPTO 26.0% IN ACCORDANCE WITH TAKEOVER REGULATIONS

JUST DIAL: RELIANCE RETAIL VENTURES LTD TO HOLD 40.95% STAKE IN CO || RELIANCE RETAIL VENTURES LTD TO MAKE OPEN OFFER TO ACQUIRE UPTO 26.0%

JUST DIAL: DEAL TOTAL CONSIDERATION OF 34.97B RUPEES || VSS MANI TO CONTINUE TO LEAD CO AS MD, CEO

JUST DIAL: Q1 CONS NET LOSS 35.2M RUPEES VS PROFIT 833.2M (YOY); EST PROFIT 330M | PROFIT 336M (QOQ) || Q1 REVENUE 1.65B RUPEES VS 1.62B (YOY)

JUST DIAL: CO APPROVED ISSUE & ALLOTMENT OF EQUITY SHARES TO RELIANCE RETAIL VENTURES ON A PREFERENTIAL BASIS

JUST DIAL: ISSUE UPTO ABOUT 21.65B RUPEES TO RELIANCE RETAIL VENTURES || ISSUE FOR CASH CONSIDERATION

JUST DIAL: POST ALLOTMENT RELIANCE RETAIL VENTURES TO HOLD 25.35% STAKE IN CO

JUST DIAL: CO APPROVED RE-APPOINTMENT OF V.S.S MANI AS MD

JUST DIAL: CO BOARD APPROVES ISSUE OF PREFERENTIAL SHARES TO RELIANCE RETAIL VENTURES; TO ISSUE 2.11 CR SHARES AT RUPEES 1,012.25 PER SHARE TO RELIANCE RETAIL || EGM ON AUGUST 13 TO APPROVE DEAL

GOOD NEWS for sugar companies, cane farmers: Modi government signs export contract for more than target figure of 60 LMT sugar, 52 LMT exported within 6 months

*HDFC Bank Ltd.* | *CMP* Rs. 1522 | *M Cap* Rs. 841167 Cr | *52 W H/L* 1789/993
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Net Interest Income came at Rs. 17009 Cr vs expectation of Rs. 17611 Cr, YoY Rs. 15665 Cr, QoQ Rs. 17120 Cr
Non Interest Income came at Rs. 6289 Cr vs expectation of Rs. 6622 Cr, YoY Rs. 4075 Cr, QoQ Rs. 7594 Cr
PBP came at Rs. 15137 Cr vs expectation of Rs. 15075 Cr, YoY Rs. 12829 Cr, QoQ Rs. 15533 Cr
Provisions came at Rs. 4831 Cr (1.80%) vs expectation of Rs. 4424 Cr (1.65%), YoY Rs. 3892 Cr (1.70%), QoQ Rs. 4694 Cr (1.77%)
Provision made suring the qtr include Rs. 600 Cr (5 bps) towards contingent provisions taking total contingent provisions to Rs. 6596 Cr (57 bps)
Also total provisions (specific + floating + contingent) are 146% of GNPA.
Adj. PAT came at Rs. 7730 Cr vs expectation of Rs. 7915 Cr, YoY Rs. 6659 Cr, QoQ Rs. 8187 Cr
Gross NPA came at Rs. 17099 Cr vs QoQ Rs. 15086 Cr at 1.47% vs expectation of 1.38%, QoQ 1.32%
Net NPA came at Rs. 5486 Cr vs QoQ Rs. 4555 Cr at 0.48% vs QoQ 0.4%
Quarter EPS is Rs. 28.2
Share is trading at P/E of 18.7x FY23E EPS & 4.0x trailing P/Adj. BV

# GNPA for HDB Financial Services increased to 7.75% vs QoQ 3.89%

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Archies forays into beauty segment; partners several brands, launches dedicated e-com portal

https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/archies-forays-into-beauty-segment-partners-several-brands-launches-dedicated-e-com-portal/articleshow/84473845.cms

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

India Ratings and Research (Ind-Ra) has a firm outlook for the sector. According to a report, which provides a review of the sector’s FY21 performance, the domestic chemicals industry surpassed Ind-Ra’s expectations for FY21. The rating agency believes the sector's fundamentals will remain strong over medium term.
https://www.livemint.com/market/mark-to-market/speciality-chemicals-outlook-looks-promising-as-growth-drivers-intact-11626413993869.html

plans to launch over half a dozen EV vehicles across segments in the next 24 months

https://auto.economictimes.indiatimes.com/news/two-wheelers/tvs-motor-to-invest-inr-1000-crore-on-evs-sets-up-a-dedicated-vertical/84445638

Zerodha profits

FY18 ~ 250 cr
FY19 ~ 350 cr
FY20 ~ 440 cr
FY21 ~ 1000+ cr