*SGX Nifty -50 pts (15711) from last trade 15761 ,*


Nikkei -217 pts ,
Hangseng -94 pts ,
Now @6.5)am .


Dow -725.81 pts ,Nsdq -152.25 pts, S&P
-68.67 pts, Bovespa -1565 pts , Ftse -163 pts  , Dax -407 pts , Cac -164 pts , Crude @ $66.94 brl (+0.52), Brent @ $69.02 brl (+0.41) , Gold @ 1812.70 (+3.40), Silver @ $25.235 (+0.09), Euro @ $1.1796, JPY @ $109.49,  INR @ 74.855







*Today's Corporate Action*
*20th  Jul Ex Date*




BLUEDART
Final Dividend - Rs. - 15.0000
BOMOXY-B1
Final Dividend - Rs. - 20.0000
DEEPAKNI
Dividend - Rs. - 4.5000
DEEPAKNI
Special Dividend - Rs. - 1.0000
GESHIP
Final Dividend - Rs. - 9.0000
HITECHCORP
Dividend - Rs. - 1.0000
IMFA
Final Dividend - Rs. - 7.0000
IPRINGLTD
Dividend - Rs. - 1.5000
JYOTHYLAB
Dividend - Rs. - 4.0000
LALPATHLAB
Final Dividend - Rs. - 8.0000
ORIENTELEC
Final Dividend - Rs. - 1.2500
SAINTGOBAIN
Final Dividend - Rs. - 1.0000
SHARDACROP
Final Dividend - Rs. - 3.0000
SHRIRAMCIT
Final Dividend - Rs. - 13.0000
TCIEXP
Final Dividend - Rs. - 2.0000
TIAANC
Bonus issue 59:10




*Today's Key Results/Board Meetings*
*20-Jul-21*



ADHARSHILA
Quarterly Results
ASIANPAINT
Quarterly Results
ASL
Quarterly Results;A.G.M.
ASRL
Quarterly Results;General
AXELPOLY
Quarterly Results
BAJFINANCE
Quarterly Results
CEETAIN
General
CRISIL
Interim Dividend;Quarterly Results
CSL
Quarterly Results
DCMSHRIRAM
Quarterly Results
ELANGO
Quarterly Results;A.G.M.;Increase in Authorised Capital;Preferential Issue of shares
GKP
General;Bonus issue
GPL
Audited Results
ICICIPRULI
Quarterly Results
INDITALIA
Quarterly Results
INTEGRAEN
Quarterly Results
ISEC
Quarterly Results
ITDC
Dividend;Audited Results
JSWISPL
Quarterly Results
JUBLINGREA
Quarterly Results
KOHINOOR
General;Dividend;Audited Results
LESHAIND
Quarterly Results
MANORG
Quarterly Results;A.G.M.
MOLDTEK
General
MOSCHIP
Quarterly Results;A.G.M.
NATIONSTD
Quarterly Results
NETWORK18
Quarterly Results
NEWGEN
Quarterly Results
PIONDIST
General
RIIL
Quarterly Results
RML
Quarterly Results
SDBL
Rights Issue;Preferential Issue of shares
SEL
Quarterly Results
SHYAMMETL
Quarterly Results
SOTL
General
SVPGLOB
Quarterly Results
SYNGENE
Quarterly Results
TIRUMALCHM
Quarterly Results
TV18BRDCST
Quarterly Results
WARDINMOBI
General;A.G.M.



*Stock under F&O ban on NSE*
*20-Jul-21*



1CADILAHC

2IBULHSGFIN

3NATIONALUM

4NMDC

5PNB

6SAIL

7SUNTV

HCL Technologies Ltd. Concall Update
(Nirmal Bang Retail Research)
*Outlook – Positive*
*Maintained guidance, Revenue expected to grow in double digits in constant currency for FY’22. EBIT margin expected to be between 19.0% and 21.0% for FY’22. Management indicates Q2 will be better and Growth in H2 to be better than H1.*
• Q1 TCV of New Deal wins came at US$ 1,664 mn (+37% YoY) growth was enabled by 8 Large Services deal wins and 4 significant product wins
• CC QoQ came at 0.7% ,Dollar revenue came at $ 2719.6 Mn(0.9% QoQ, 15.5% YoY)
• On geographical front , America and ROW posted good growth, Europe had a dip however booking in Europe remains healthy
• EBIT Margin dipped by 77 bps and came at 19.6%, Forex led to improvement of 19 bps higher amortisation which was present last quarter led to improvement of 60 bps which was impacted by pandemic by 90 bps ( impact on revenue -20 bps, leave cost – 25bps , covid support cost 45 bps) hiring led to impact of 35 bps, investment in new market and higher R&D spend impacted margins by 30 bps
• Total headcount at 176,499 with strong net Addition of 7,522 during the quarter
• Adj. PAT came at Rs. 3215 Cr
• Quarter EPS is Rs. 11.8
• Stock is trading at P/E of 17.4x FY23E EPS

*Jindal SAW Ltd* has decreased pellet offers by INR 800/t ($11) m-o-m. The current offer for Fe 63% pellet stands at INR 16,200/t

Zen Technologies Limited has been awarded a ~ ₹120-crore export contract. The simulators are the main focus of the order. The order will be carried out in roughly a year. In the face of stiff worldwide competition from multinational corporations, Positive

*Supreme Petrochem Ltd.* | *CMP* Rs. 754 | *M Cap* Rs. 7089 Cr | *52 W H/L* 820/175
(Nirmal Bang Retail Research)
*Result has declined*
Revenue from Operations came at Rs. 1047.8 Cr (-17.4% QoQ, 258.5% YoY) vs QoQ Rs. 1269.1 Cr, YoY Rs. 292.3 Cr
EBIDTA came at Rs. 197.4 Cr (-37.6% QoQ, -6295.1% YoY) vs QoQ Rs. 316.4 Cr, YoY Rs. -3.2 Cr
EBITDA Margin came at 18.8% vs QoQ 24.9%, YoY -1.1%
Adj. PAT came at Rs. 146.3 Cr vs QoQ Rs. 231.7 Cr, YoY Rs. -11.9 Cr
Quarter EPS is Rs. 15.6
Share is trading at P/E of 11.2x TTM EPS

Bulk Deal as on 19-07-21

Bajaj Hindustan Sugar
+ 90 Lk @ 18.20 Chetan Rasiklal Shah
+ 59.93 Lk @ 18.20 TopGain Finance Pvt Ltd

Clean Science & Technology
+ 10 Lk @ 1715.33 Nomura India Investment Fund

Emmbi Industries Ltd
- 1 Lk @ 118.8 Zen Securities Ltd

GR Infraprojects
+ 5 Lk @ 1714.6 The Nomura Trust & Banking


Just Dial
- 8.85 Lk @ 1041.15 Tree Line Asia Master Fund (Singapore) Pte Ltd

Pioneer Embroideries
- 2 Lk @ 62.21 Shreeji Capital & Finance Ltd

Vishwaraj Sugar Ind Ltd
+ 2.32 Lk @ 142 TCG Funds Fund
- 1.96 Lk @ 142.01 Basavaraj Channappa Mahasetti

MAHANAGAR GAS: MUTUAL FUNDS INCREASED ITS STAKE 1.13% IN CO DURING Q1 || LIC INCREASED ITS STAKE 0.60% IN CO DURING Q1

OBEROI REALTY: MUTUAL FUNDS INCREASED 0.25% IN CO DURING Q1 || FPI REDUCE ITS STAKE 0.75% IN CO DURING Q1

3I INFOTECH: FINANCIAL INSTITUTIONS REDUCE ITS STAKE FROM 21.81% TO 13.96% IN CO DURING Q1 INDIVIDUAL INVESTOR REDUCE ITS STAKE 0.70% IN CO DURING Q1

VENKY'S (INDIA): INDIVIDUAL INVESTOR SACHIN BANSAL ACQUIRE 1.31% IN CO DURING Q1

LIC HOUSING FINANCE: MUTUAL FUNDS REDUCE ITS STAKE 1% IN CO DURING Q1 || FPI INCREASE ITS STAKE 0.60% IN CO DURING Q1

DR. LAL PATHLABS: MUTUAL FUNDS REDUCE 0.80% STAKE IN CO DURING Q1

ASHOK LEYLAND: MUTUAL FUNDS INCREASED ITS STAKE 1.20% IN CO DURING Q1 || FPI REDUCE ITS STAKE 1% IN CO DURING Q1

JINDAL POLY FILMS: INDIA OPPORTUNITIES GROWTH FUND LTD - PINEWOOD STR ACQUIRE 1.28% STAKE IN CO DURING Q1

AU SMALL FINANCE BANK: MUTUAL FUNDS INCREASED ITS STAKE 0.80% IN CO DURING Q1 || VUTTAM TIBREWAL INDIVIDUAL INVESTOR INCREASED ITS STAKE 0.18% IN CO DURING Q1

HINDUJA GLOBAL SOLUTIONS:FIDELITY FUNDS-ASIAN SMALLER COMPANIES POOLS SOLD 2.69% IN CO DURING Q1

ULTRATECH CEMENT:MUTUAL FUNDS INCREASED ITS STAKE 0.60% IN CO DURING Q1

World Markets

Dow - 726
Nasdaq - 152
Dax - 407
Nikkei - 142
Hangseng + 9
Sgxnifty - 39 (15761)
Brent Crude 69
Dow Fut + 167
Dollar Index 92.87

Stocks Ban In F&O:
Cadila,
Indiabulls Housing,
Nalco,
NMDC,
PNB,
Sail,
Sun TV

Stocks To Watch

BPCL: Government’s plan to sell a majority stake in the country’s second-biggest state refiner has slowed down amid the coronavirus pandemic, according to a Bloomberg report. The discussion with investors on the stake sale of BPCL, from which the government could fetch about $6.9 billion, haven’t progressed much recently, according to the report. The disposal may take place as soon as early next year rather than in 2020.

Jindal Stainless and Tata Steel Mining signed a MoU on July 16 to jointly unearth the Chrome Ore locked up in the boundary between their mines located in Sukinda of Jajpur district, Odisha. City

Union Bank: Approved raising capital through QIP of Rs 500 crore.

IndusInd Bank: Board to meet on July 23 to consider the proposal of raising funds through debt securities or equity instruments or convertible debt securities.

Zen Technologies: Secured export order of Rs 120 crore. The simulators are the main focus of the order. The order will be carried out in roughly a year, the company said.

Earnings: Asian Paints, Bajaj Finance, Syngene International, Crisil, DCM Shriram, ICICI Prudential Life Insurance Company, ICICI Securities, India Tourism Development Corporation, JSW Ispat Special Products, Jubilant Ingrevia, Mangalam Organics, Moschip Technologies, Network18 Media & Investments, Newgen Software Technologies, Reliance Industrial Infrastructure, Shyam Metalics and Energy, SVP Global Ventures, Thirumalai Chemicals, Tv18 Broadcast

Who’s Meeting Whom

Allcargo Logistics: To meet Abakkus Asset Managers on July 20.

Wardwizard Innovations & Mobility: To attend an investor conference with Maitreya Capital Advisors on July 20.

IOL Chemicals and Pharmaceuticals: To meet Franklin Templeton Asset Management (India) on July 20