*JK Lakshmi Cement Ltd. - S* | *CMP* Rs. 735 | *M Cap* Rs. 8645 Cr | *52 W H/L* 734.7/243
(Nirmal Bang Retail Research)
*Result is below expectation*
Revenue from Operations came at Rs. 1231.5 Cr (-6.8% QoQ, 49.2% YoY) vs expectation of Rs. 1126.1 Cr, QoQ Rs. 1322 Cr, YoY Rs. 825.2 Cr
EBIDTA came at Rs. 216.1 Cr (-19.3% QoQ, 50.7% YoY) vs expectation of Rs. 220.7 Cr, QoQ Rs. 267.9 Cr, YoY Rs. 143.3 Cr
EBITDA Margin came at 17.5% vs expectation of 19.6%, QoQ 20.3%, YoY 17.4%
Adj. PAT came at Rs. 118.7 Cr vs expectation of Rs. 113.1 Cr, QoQ Rs. 167.4 Cr, YoY Rs. 44.4 Cr
Quarter EPS is Rs. 10.1
Share is trading at EV/EBITDA of 8.62 FY23E EBITDA
(Nirmal Bang Retail Research)
*Result is below expectation*
Revenue from Operations came at Rs. 1231.5 Cr (-6.8% QoQ, 49.2% YoY) vs expectation of Rs. 1126.1 Cr, QoQ Rs. 1322 Cr, YoY Rs. 825.2 Cr
EBIDTA came at Rs. 216.1 Cr (-19.3% QoQ, 50.7% YoY) vs expectation of Rs. 220.7 Cr, QoQ Rs. 267.9 Cr, YoY Rs. 143.3 Cr
EBITDA Margin came at 17.5% vs expectation of 19.6%, QoQ 20.3%, YoY 17.4%
Adj. PAT came at Rs. 118.7 Cr vs expectation of Rs. 113.1 Cr, QoQ Rs. 167.4 Cr, YoY Rs. 44.4 Cr
Quarter EPS is Rs. 10.1
Share is trading at EV/EBITDA of 8.62 FY23E EBITDA
*Vaibhav Global Ltd.* | *CMP* Rs. 798 | *M Cap* Rs. 13024 Cr | *52 W H/L* 1058/261
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 682 Cr (2.4% QoQ, 23.9% YoY) vs QoQ Rs. 665.9 Cr, YoY Rs. 550.4 Cr
EBIDTA came at Rs. 91.2 Cr (16.5% QoQ, 24.1% YoY) vs QoQ Rs. 78.3 Cr, YoY Rs. 73.5 Cr
EBITDA Margin came at 13.4% vs QoQ 11.8%, YoY 13.4%
Adj. PAT came at Rs. 98.7 Cr vs QoQ Rs. 56 Cr, YoY Rs. 52.9 Cr
Quarter EPS is Rs. 6
Share is trading at P/E of 41x TTM EPS
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 682 Cr (2.4% QoQ, 23.9% YoY) vs QoQ Rs. 665.9 Cr, YoY Rs. 550.4 Cr
EBIDTA came at Rs. 91.2 Cr (16.5% QoQ, 24.1% YoY) vs QoQ Rs. 78.3 Cr, YoY Rs. 73.5 Cr
EBITDA Margin came at 13.4% vs QoQ 11.8%, YoY 13.4%
Adj. PAT came at Rs. 98.7 Cr vs QoQ Rs. 56 Cr, YoY Rs. 52.9 Cr
Quarter EPS is Rs. 6
Share is trading at P/E of 41x TTM EPS
*Parag Milk Foods Ltd.* | *CMP* Rs. 141 | *M Cap* Rs. 1345 Cr | *52 W H/L* 158/84
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 438.4 Cr (0.9% QoQ, 0.7% YoY) vs QoQ Rs. 434.3 Cr, YoY Rs. 435.6 Cr
EBIDTA came at Rs. 44.9 Cr (143.7% QoQ, 51.2% YoY) vs QoQ Rs. 18.4 Cr, YoY Rs. 29.7 Cr
EBITDA Margin came at 10.2% vs QoQ 4.2%, YoY 6.8%
Adj. PAT came at Rs. 17.5 Cr vs QoQ Rs. -9.6 Cr, YoY Rs. 3.2 Cr
Quarter EPS is Rs. 1.8
Share is trading at P/E of 16.4x FY22E EPS
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 438.4 Cr (0.9% QoQ, 0.7% YoY) vs QoQ Rs. 434.3 Cr, YoY Rs. 435.6 Cr
EBIDTA came at Rs. 44.9 Cr (143.7% QoQ, 51.2% YoY) vs QoQ Rs. 18.4 Cr, YoY Rs. 29.7 Cr
EBITDA Margin came at 10.2% vs QoQ 4.2%, YoY 6.8%
Adj. PAT came at Rs. 17.5 Cr vs QoQ Rs. -9.6 Cr, YoY Rs. 3.2 Cr
Quarter EPS is Rs. 1.8
Share is trading at P/E of 16.4x FY22E EPS
*DFM Foods Ltd.* | *CMP* Rs. 401 | *M Cap* Rs. 2016 Cr | *52 W H/L* 454/170
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 110.5 Cr (-16.6% QoQ, -3.9% YoY) vs QoQ Rs. 132.5 Cr, YoY Rs. 114.9 Cr
EBIDTA came at Rs. 1.2 Cr (-81.4% QoQ, -91.8% YoY) vs QoQ Rs. 6.5 Cr, YoY Rs. 14.8 Cr
EBITDA Margin came at 1.1% vs QoQ 4.9%, YoY 12.9%
Adj. PAT came at Rs. -1.7 Cr vs QoQ Rs. 0.9 Cr, YoY Rs. 8 Cr
Quarter EPS is Rs. -0.3
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 110.5 Cr (-16.6% QoQ, -3.9% YoY) vs QoQ Rs. 132.5 Cr, YoY Rs. 114.9 Cr
EBIDTA came at Rs. 1.2 Cr (-81.4% QoQ, -91.8% YoY) vs QoQ Rs. 6.5 Cr, YoY Rs. 14.8 Cr
EBITDA Margin came at 1.1% vs QoQ 4.9%, YoY 12.9%
Adj. PAT came at Rs. -1.7 Cr vs QoQ Rs. 0.9 Cr, YoY Rs. 8 Cr
Quarter EPS is Rs. -0.3
*OBEROI REALTY LTD.* | *CMP* Rs. 690 | *M Cap* Rs. 25089 Cr | *52 W H/L* 729/331
(Nirmal Bang Retail Research)
*Result below expectation*
Revenue from Operations came at Rs. 284.3 Cr (-64% QoQ, 140.8% YoY) vs expectation of Rs. 444 Cr, QoQ Rs. 790.1 Cr, YoY Rs. 118 Cr
EBIDTA came at Rs. 124.9 Cr (-66.6% QoQ, 115.5% YoY) vs expectation of Rs. 236.9 Cr, QoQ Rs. 373.5 Cr, YoY Rs. 57.9 Cr
EBITDA Margin came at 43.9% vs expectation of 53.4%, QoQ 47.3%, YoY 49.1%
Adj. PAT came at Rs. 80.6 Cr vs expectation of Rs. 155.1 Cr, QoQ Rs. 286.9 Cr, YoY Rs. 28.1 Cr
Quarter EPS is Rs. 2.2
Share is trading at P/E of 24.4x FY22E EPS
(Nirmal Bang Retail Research)
*Result below expectation*
Revenue from Operations came at Rs. 284.3 Cr (-64% QoQ, 140.8% YoY) vs expectation of Rs. 444 Cr, QoQ Rs. 790.1 Cr, YoY Rs. 118 Cr
EBIDTA came at Rs. 124.9 Cr (-66.6% QoQ, 115.5% YoY) vs expectation of Rs. 236.9 Cr, QoQ Rs. 373.5 Cr, YoY Rs. 57.9 Cr
EBITDA Margin came at 43.9% vs expectation of 53.4%, QoQ 47.3%, YoY 49.1%
Adj. PAT came at Rs. 80.6 Cr vs expectation of Rs. 155.1 Cr, QoQ Rs. 286.9 Cr, YoY Rs. 28.1 Cr
Quarter EPS is Rs. 2.2
Share is trading at P/E of 24.4x FY22E EPS
*KSB Ltd.* | *CMP* Rs. 1075 | *M Cap* Rs. 3742 Cr | *52 W H/L* 1114/425
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 303 Cr (-20.6% QoQ, 38.4% YoY) vs QoQ Rs. 381.6 Cr, YoY Rs. 218.9 Cr
EBIDTA came at Rs. 39.3 Cr (-36.6% QoQ, 189% YoY) vs QoQ Rs. 62 Cr, YoY Rs. 13.6 Cr
EBITDA Margin came at 13% vs QoQ 16.2%, YoY 6.2%
Adj. PAT came at Rs. 27.2 Cr vs QoQ Rs. 43.9 Cr, YoY Rs. 8.2 Cr
Quarter EPS is Rs. 7.8
Share is trading at P/E of 24.8x FY22E EPS
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 303 Cr (-20.6% QoQ, 38.4% YoY) vs QoQ Rs. 381.6 Cr, YoY Rs. 218.9 Cr
EBIDTA came at Rs. 39.3 Cr (-36.6% QoQ, 189% YoY) vs QoQ Rs. 62 Cr, YoY Rs. 13.6 Cr
EBITDA Margin came at 13% vs QoQ 16.2%, YoY 6.2%
Adj. PAT came at Rs. 27.2 Cr vs QoQ Rs. 43.9 Cr, YoY Rs. 8.2 Cr
Quarter EPS is Rs. 7.8
Share is trading at P/E of 24.8x FY22E EPS
Tech Mahindra Ltd.
(Nirmal Bang Retail Research)
*Outlook – Positive*
Management indicates of growing double digit growth on organic basis and Ebit to be in the range of 15%.Growth will be broad based across all sectors. Q1FY22 Ebit margin stood at 15.2% management indicates of improving margin in coming quarter. Supply side talent issue & Travel expense coming back will be offset by higher growth, Higher productivity with automation, higher offshoring .
• TCV came at $ 815 Mn(Communication $352 mn , Enterprise $463 mn ) large deal win continue to be robust and pipeline is strong
• Company has posted a good growth of CC QoQ coming in at 3.9% . Growth was supported by growth in communication business which grew by 2.9% in cc terms inspite of seasonality in mobility business, Enterprise business grew by 4.5% in cc terms .Dollar revenue came at $ 1383.6 Mn,(4.1% QoQ, 14.6% YoY)
• EBIT Margin came at 15.2% vs QoQ 16.5%. Salary hike , visa cost, seasonal decline in mobility business led to dip in margin which was offset by higher operating leverage and higher efficiency. Management indicates of improving margins in coming qtr
• Total Employees stand at 126263 (+5209 employees QoQ)
• Tax rate was lower to 24% vs 32% QoQ . FY22 tax rate will be in the range of 24-26%
• Adj. PAT came at Rs. 1353.2 Cr Quarter EPS is Rs. 14
• Stock is trading at P/E of 18.8x FY22E EPS
(Nirmal Bang Retail Research)
*Outlook – Positive*
Management indicates of growing double digit growth on organic basis and Ebit to be in the range of 15%.Growth will be broad based across all sectors. Q1FY22 Ebit margin stood at 15.2% management indicates of improving margin in coming quarter. Supply side talent issue & Travel expense coming back will be offset by higher growth, Higher productivity with automation, higher offshoring .
• TCV came at $ 815 Mn(Communication $352 mn , Enterprise $463 mn ) large deal win continue to be robust and pipeline is strong
• Company has posted a good growth of CC QoQ coming in at 3.9% . Growth was supported by growth in communication business which grew by 2.9% in cc terms inspite of seasonality in mobility business, Enterprise business grew by 4.5% in cc terms .Dollar revenue came at $ 1383.6 Mn,(4.1% QoQ, 14.6% YoY)
• EBIT Margin came at 15.2% vs QoQ 16.5%. Salary hike , visa cost, seasonal decline in mobility business led to dip in margin which was offset by higher operating leverage and higher efficiency. Management indicates of improving margins in coming qtr
• Total Employees stand at 126263 (+5209 employees QoQ)
• Tax rate was lower to 24% vs 32% QoQ . FY22 tax rate will be in the range of 24-26%
• Adj. PAT came at Rs. 1353.2 Cr Quarter EPS is Rs. 14
• Stock is trading at P/E of 18.8x FY22E EPS
*Indus Towers Ltd.* | *CMP* Rs. 222 | *M Cap* Rs. 59828 Cr | *52 W H/L* 283/150
(Nirmal Bang Retail Research)
*Result marginally ahead of expectation*
Revenue from Operations came at Rs. 6797 Cr (4.7% QoQ, 315.6% YoY) vs expectation of Rs. 6648.3 Cr, QoQ Rs. 6491.8 Cr, YoY Rs. 1635.4 Cr
EBIDTA came at Rs. 3528.5 Cr (3.4% QoQ, 323.8% YoY) vs expectation of Rs. 3466.2 Cr, QoQ Rs. 3412.3 Cr, YoY Rs. 832.6 Cr
EBITDA Margin came at 51.9% vs expectation of 52.1%, QoQ 52.6%, YoY 50.9%
Adj. PAT came at Rs. 1415.3 Cr vs expectation of Rs. 1320.3 Cr, QoQ Rs. 1363.7 Cr, YoY Rs. 703.6 Cr
Quarter EPS is Rs. 5.3
Share is trading at P/E of 11.1x FY22E EPS
(Nirmal Bang Retail Research)
*Result marginally ahead of expectation*
Revenue from Operations came at Rs. 6797 Cr (4.7% QoQ, 315.6% YoY) vs expectation of Rs. 6648.3 Cr, QoQ Rs. 6491.8 Cr, YoY Rs. 1635.4 Cr
EBIDTA came at Rs. 3528.5 Cr (3.4% QoQ, 323.8% YoY) vs expectation of Rs. 3466.2 Cr, QoQ Rs. 3412.3 Cr, YoY Rs. 832.6 Cr
EBITDA Margin came at 51.9% vs expectation of 52.1%, QoQ 52.6%, YoY 50.9%
Adj. PAT came at Rs. 1415.3 Cr vs expectation of Rs. 1320.3 Cr, QoQ Rs. 1363.7 Cr, YoY Rs. 703.6 Cr
Quarter EPS is Rs. 5.3
Share is trading at P/E of 11.1x FY22E EPS
*Home First Finance Ltd. - S* | *CMP* Rs. 565 | *M Cap* Rs. 4944 Cr | *52 W H/L* 640/440
(Nirmal Bang Retail Research)
*Result is ok*
NII came at Rs. 62.3 Cr vs YoY Rs. 50.4 Cr, QoQ Rs. 54.9 Cr
PBP came at Rs. 60.7 Cr vs YoY Rs. 57.2 Cr, QoQ Rs. 50.9 Cr
Provision came at Rs. 13 Cr vs YoY Rs. 4.5 Cr, QoQ Rs. 8.3 Cr
PAT came at Rs. 35.1 Cr vs YoY Rs. 38.6 Cr, QoQ Rs. 31.3 Cr
AUM came at Rs. 4294.3 Cr vs YoY Rs. 3622.5 Cr, QoQ Rs. 4141.1 Cr
Disbursements came at Rs. 304.6 Cr vs YoY Rs. 52.8 Cr, QoQ Rs. 451.8 Cr
Gross NPA (%) came at 1.9% vs QoQ 1.8%
Net NPA (%) came at 1.4% vs QoQ 1.2%
Bounce rates have improved in July to 16.1% from 18.3% in Q1. They were at 17.3% in Q4 and at ~10% levels pre-covid.
Collection Efficiency was at 98.5% in March, it dipped to 94.0% in May and has risen to 97.6% in June.
1+ DPD increased to 8.9% vs QoQ 6.2% (1+ DPD for Aavas increase to 12.7% vs QoQ 6.4%)
Quarter EPS is Rs. 4
Share is trading at 3.5x trailing P/BV
(Nirmal Bang Retail Research)
*Result is ok*
NII came at Rs. 62.3 Cr vs YoY Rs. 50.4 Cr, QoQ Rs. 54.9 Cr
PBP came at Rs. 60.7 Cr vs YoY Rs. 57.2 Cr, QoQ Rs. 50.9 Cr
Provision came at Rs. 13 Cr vs YoY Rs. 4.5 Cr, QoQ Rs. 8.3 Cr
PAT came at Rs. 35.1 Cr vs YoY Rs. 38.6 Cr, QoQ Rs. 31.3 Cr
AUM came at Rs. 4294.3 Cr vs YoY Rs. 3622.5 Cr, QoQ Rs. 4141.1 Cr
Disbursements came at Rs. 304.6 Cr vs YoY Rs. 52.8 Cr, QoQ Rs. 451.8 Cr
Gross NPA (%) came at 1.9% vs QoQ 1.8%
Net NPA (%) came at 1.4% vs QoQ 1.2%
Bounce rates have improved in July to 16.1% from 18.3% in Q1. They were at 17.3% in Q4 and at ~10% levels pre-covid.
Collection Efficiency was at 98.5% in March, it dipped to 94.0% in May and has risen to 97.6% in June.
1+ DPD increased to 8.9% vs QoQ 6.2% (1+ DPD for Aavas increase to 12.7% vs QoQ 6.4%)
Quarter EPS is Rs. 4
Share is trading at 3.5x trailing P/BV
*SRF – Q4FY21 Concall – Nirmal Bang Sec.*
*Outlook – Positive in Long Term*
*Managment maintained growth guidance in Chemical Division to 15-20% Decline in margin in Chemical Division is short term*
The stock is trading at 34x FY22E consensus earnings
*_Specialty Chemical Business_*
_Chemicals_
• Rev grew by 58%
• Higher sales from exports and domestic markets
• The second wave of COVID-19 induced lockdowns resulted in disruption of supply chains, leading to an overall increase in raw material prices and export freight across geographies - *the management believes that increase in raw material prices is temporary phenomena and should normalise going forward*
• Commenced 2 dedicated facilities at Dahej
• Focus on expanding Pharma product profile
• Launched 2 new products
• Moving up the value chain by accelerating qualifications of new molecules in both Agro and Pharmaceuticals sectors, capacity utilization of newly commissioned plants to remain in focus
• Working on key campaigns to be run in the next few quarters
• *FY22E Guidance – Maintain 15-20% growth rate*
_Fluoro_
• Higher sales volumes in the refrigerants and the blends segment, especially from the export markets
• Uptick in Auto sales led to higher offtake in R-134a revenues
• Expect demand to grow further in coming quarters
• Domestic market in Q1 witnessed lower offtake induced by localized lockdowns
• *New Capex* - Integrated expansion of the Fluorocarbon based Refrigerant capacity at an investment of ~ Rs. 550 crore - – 40% of the component is the key raw material of the product (fluoro) to be manufactured
• Production of passenger vehicles in India significantly higher when compared with CPLY
• Demand and production volumes in the AC market also witnessed a spike; _even China and Developed market cant put up new capacities_
• Pharma segment continued to do well in Q1
• *Outlook* - Demand and production volumes in the AC market also witnessed a spike
• Focusing on expanding in new markets / geographies and product offerings, ramping up sales from refrigerants and blends
• *Guidance* - Expect higher capacity utilisation which would aid margins due to operating leverage
*_Packaging Films_*
• Segment continues to perform well, despite impact of COVID-19 second wave on domestic markets – due to New capacities that came on-stream in Hungary and Thailand
• Launched 2 new products
• Surge in export freight rates impacted adversely
• In Q1 FY22, demand for BOPET films was subdued, while demand for BOPP films remained healthy
• *Globally, several new lines are scheduled to commence in BOPET and BOPP – to impact industry margins in the future*
• Re-emergence of COVID-19 in ASEAN region could affect Thailand performance
• Unrest in South Africa in July will impact Q2 performance of the business
*_Technical Textiles_*
• Segment reported a significantly improved performance on account of: Improved demand in the Nylon Tyre Cord, Belting Fabrics and Polyester Industrial Yarn segments and Re-structuring of margin profile with long-term customers
• International capacities being rebalanced due to certain capacity closures, providing positive NTCF trends
• Higher operating leverage and cost optimization by capacity rationalization across various plants
• Other sub-segments of Technical Textiles Business expected to make a significant contribution to the overall performance
*Outlook – Positive in Long Term*
*Managment maintained growth guidance in Chemical Division to 15-20% Decline in margin in Chemical Division is short term*
The stock is trading at 34x FY22E consensus earnings
*_Specialty Chemical Business_*
_Chemicals_
• Rev grew by 58%
• Higher sales from exports and domestic markets
• The second wave of COVID-19 induced lockdowns resulted in disruption of supply chains, leading to an overall increase in raw material prices and export freight across geographies - *the management believes that increase in raw material prices is temporary phenomena and should normalise going forward*
• Commenced 2 dedicated facilities at Dahej
• Focus on expanding Pharma product profile
• Launched 2 new products
• Moving up the value chain by accelerating qualifications of new molecules in both Agro and Pharmaceuticals sectors, capacity utilization of newly commissioned plants to remain in focus
• Working on key campaigns to be run in the next few quarters
• *FY22E Guidance – Maintain 15-20% growth rate*
_Fluoro_
• Higher sales volumes in the refrigerants and the blends segment, especially from the export markets
• Uptick in Auto sales led to higher offtake in R-134a revenues
• Expect demand to grow further in coming quarters
• Domestic market in Q1 witnessed lower offtake induced by localized lockdowns
• *New Capex* - Integrated expansion of the Fluorocarbon based Refrigerant capacity at an investment of ~ Rs. 550 crore - – 40% of the component is the key raw material of the product (fluoro) to be manufactured
• Production of passenger vehicles in India significantly higher when compared with CPLY
• Demand and production volumes in the AC market also witnessed a spike; _even China and Developed market cant put up new capacities_
• Pharma segment continued to do well in Q1
• *Outlook* - Demand and production volumes in the AC market also witnessed a spike
• Focusing on expanding in new markets / geographies and product offerings, ramping up sales from refrigerants and blends
• *Guidance* - Expect higher capacity utilisation which would aid margins due to operating leverage
*_Packaging Films_*
• Segment continues to perform well, despite impact of COVID-19 second wave on domestic markets – due to New capacities that came on-stream in Hungary and Thailand
• Launched 2 new products
• Surge in export freight rates impacted adversely
• In Q1 FY22, demand for BOPET films was subdued, while demand for BOPP films remained healthy
• *Globally, several new lines are scheduled to commence in BOPET and BOPP – to impact industry margins in the future*
• Re-emergence of COVID-19 in ASEAN region could affect Thailand performance
• Unrest in South Africa in July will impact Q2 performance of the business
*_Technical Textiles_*
• Segment reported a significantly improved performance on account of: Improved demand in the Nylon Tyre Cord, Belting Fabrics and Polyester Industrial Yarn segments and Re-structuring of margin profile with long-term customers
• International capacities being rebalanced due to certain capacity closures, providing positive NTCF trends
• Higher operating leverage and cost optimization by capacity rationalization across various plants
• Other sub-segments of Technical Textiles Business expected to make a significant contribution to the overall performance
*Rollover Updates (29-Jul-2021)*
✅ *NIFTY* July month rollover is 83% vs 3months average of 76%,
✅ *BANKNIFTY* rolls observed at 81% vs 3months average rolls of 76%,
✅ *FINNIFTY* rollover at 84% vs 3months average rolls of 62%,
✅ *Market-wide rolls* at 92% vs 3months average rolls of 90%,
✅ Starting August series with *Nifty PCR* 1.04 vs 1.21 previous series
✅ *India VIX* cool off by 14.27% (EoE) and closed at 12.95 vs 15.10 of the previous series.
*SECTOR/STOCK ROLLOVER ACTIVITY:*
✅ From the sectoral action, rollovers accelerated for *CHEMICAL, AUTOMOBILE, BANKING, FMCG and CAPITAL GOODS,* stocks on expiry. However, low rollovers were seen in *CEMENT, PHARMA and REALTY* sector stocks on expiry day as compared to three month’s average.
✅ Within the Nifty50 space, index heavyweights such as *TATACONSUM, UPL, IOC, ITC and BAJAJ-AUTO* saw aggressive rollover in the August series while low rolls were seen in *BRITANNIA, HINDALCO, ULTRACEMCO, SBILIFE, and DIVISLAB* compared with the 3M average.
✅ From the midcap space,*GAIL. NAVINFLUOR, PVR, SRTRANSFIN, and PNB* saw high rollovers whereas *LTTS, AMBUJACEM, GRANULES, ALKEM and APOLLOHOSP* saw lower rollover compared with the 3M average.
*Stocks to watch out based on Rollover Analysis:*
*POSITIVE*
✅ *JSWSTEEL* Strong Rollover of 98% compared with 3 months average of 90%.
✅ *AARTIIND* Strong Rollover of 95% compared with 3 months average of 90%.
✅ *SBIN* Strong Rollover of 94% compared with 3 months average of 92%.
✅ *LT* Strong Rollover of 96% compared with 3 months average of 90%.
*NEGATIVE*
✅ *DRREDDY* Rollover of 96% compared with 3 month average of 92%.
✅ *M&MFIN* Rollover of 93% compared with 3 month average of 90%.
*Regards,*
*Retail Research ACMIIL*
✅ *NIFTY* July month rollover is 83% vs 3months average of 76%,
✅ *BANKNIFTY* rolls observed at 81% vs 3months average rolls of 76%,
✅ *FINNIFTY* rollover at 84% vs 3months average rolls of 62%,
✅ *Market-wide rolls* at 92% vs 3months average rolls of 90%,
✅ Starting August series with *Nifty PCR* 1.04 vs 1.21 previous series
✅ *India VIX* cool off by 14.27% (EoE) and closed at 12.95 vs 15.10 of the previous series.
*SECTOR/STOCK ROLLOVER ACTIVITY:*
✅ From the sectoral action, rollovers accelerated for *CHEMICAL, AUTOMOBILE, BANKING, FMCG and CAPITAL GOODS,* stocks on expiry. However, low rollovers were seen in *CEMENT, PHARMA and REALTY* sector stocks on expiry day as compared to three month’s average.
✅ Within the Nifty50 space, index heavyweights such as *TATACONSUM, UPL, IOC, ITC and BAJAJ-AUTO* saw aggressive rollover in the August series while low rolls were seen in *BRITANNIA, HINDALCO, ULTRACEMCO, SBILIFE, and DIVISLAB* compared with the 3M average.
✅ From the midcap space,*GAIL. NAVINFLUOR, PVR, SRTRANSFIN, and PNB* saw high rollovers whereas *LTTS, AMBUJACEM, GRANULES, ALKEM and APOLLOHOSP* saw lower rollover compared with the 3M average.
*Stocks to watch out based on Rollover Analysis:*
*POSITIVE*
✅ *JSWSTEEL* Strong Rollover of 98% compared with 3 months average of 90%.
✅ *AARTIIND* Strong Rollover of 95% compared with 3 months average of 90%.
✅ *SBIN* Strong Rollover of 94% compared with 3 months average of 92%.
✅ *LT* Strong Rollover of 96% compared with 3 months average of 90%.
*NEGATIVE*
✅ *DRREDDY* Rollover of 96% compared with 3 month average of 92%.
✅ *M&MFIN* Rollover of 93% compared with 3 month average of 90%.
*Regards,*
*Retail Research ACMIIL*
*MNCL | Jubilant Ingrevia | When Specialty meets value*
MCap: INR 9350crs
CMP: INR 587
Base Case TP: INR 770
Upside: 31%
_*First Cut: Extremely encouraging performance on the back of Acetyls and Specialty Segment*_
_*Ingrevia trades at ~11.4x FY23E EV/EBITDA. Given that Specialty and Nutrition business contributes >70% of our FY23E EBITDA, we believe there is room for further re-rating*_
• *Financial Performance*
- Sales at INR 1145crs up 6% QoQ / 55% YoY
- EBITDA at INR 287crs up 43% QoQ / 126% YoY
- EBITDA margins 25% vs 19% QoQ
- Inventory gains of INR ~63crs; adjusting which EBITDA margins at 20%
- PAT at INR 168crs vs INR 96crs QoQ
• *Life Science Chemicals*: Operating at 27% EBITDA margins. Of the INR 187crs EBITDA for the segment, INR 60crs of which is led by Inventory gains on account of Acetic Acid. The demand scenario continues to remain strong; pricing however as per us should moderate over the medium term.
• *Specialty*: 18% Top-line growth and 22% bottom-line growth. Largely led by volumes in pyridines, we believe this is backed by Chinese ADD being taken off. Performance in this segment as per us is likely to continue. Diketene commercial production to be live in Q3FY22; strategy is target import substitution.
• *Nutrition*: EBITDA de-grew on account of higher input cost and MEIS incentives taken off. Strong demand across customers and margins are likely to improve on account of pass-on of higher input costs.
• *New Areas*: As guided earlier, Capex during the year is expected to be INR 350crs. New CDMO unit and 2 new multi-purpose plants for Specialty Chemicals to commercialize in Q1FY23; this should further improve EBITDA share of Specialty Chemicals.
• We have a base case March-22 target price of *INR 770* valuing at 15x EV/EBITDA, which implies 31% upside on the CMP. Our *Bull / Bear case TP is at INR 1015 and INR 450* respectively.
*Our Recent Update Note*: https://bit.ly/3csTCgC
*Disclaimer*: http://bit.ly/3c3s2XV
Regards,
Vinit Gala, CFA
Analyst - MNCL
MCap: INR 9350crs
CMP: INR 587
Base Case TP: INR 770
Upside: 31%
_*First Cut: Extremely encouraging performance on the back of Acetyls and Specialty Segment*_
_*Ingrevia trades at ~11.4x FY23E EV/EBITDA. Given that Specialty and Nutrition business contributes >70% of our FY23E EBITDA, we believe there is room for further re-rating*_
• *Financial Performance*
- Sales at INR 1145crs up 6% QoQ / 55% YoY
- EBITDA at INR 287crs up 43% QoQ / 126% YoY
- EBITDA margins 25% vs 19% QoQ
- Inventory gains of INR ~63crs; adjusting which EBITDA margins at 20%
- PAT at INR 168crs vs INR 96crs QoQ
• *Life Science Chemicals*: Operating at 27% EBITDA margins. Of the INR 187crs EBITDA for the segment, INR 60crs of which is led by Inventory gains on account of Acetic Acid. The demand scenario continues to remain strong; pricing however as per us should moderate over the medium term.
• *Specialty*: 18% Top-line growth and 22% bottom-line growth. Largely led by volumes in pyridines, we believe this is backed by Chinese ADD being taken off. Performance in this segment as per us is likely to continue. Diketene commercial production to be live in Q3FY22; strategy is target import substitution.
• *Nutrition*: EBITDA de-grew on account of higher input cost and MEIS incentives taken off. Strong demand across customers and margins are likely to improve on account of pass-on of higher input costs.
• *New Areas*: As guided earlier, Capex during the year is expected to be INR 350crs. New CDMO unit and 2 new multi-purpose plants for Specialty Chemicals to commercialize in Q1FY23; this should further improve EBITDA share of Specialty Chemicals.
• We have a base case March-22 target price of *INR 770* valuing at 15x EV/EBITDA, which implies 31% upside on the CMP. Our *Bull / Bear case TP is at INR 1015 and INR 450* respectively.
*Our Recent Update Note*: https://bit.ly/3csTCgC
*Disclaimer*: http://bit.ly/3c3s2XV
Regards,
Vinit Gala, CFA
Analyst - MNCL
*SGX Nifty -46 pts (15766) from last trade 15812 ,*
Nikkei -342 pts ,
Hangseng -273 pts ,
Now @6.54am .
Dow +153.60 pts ,Nsdq +15.68 pts, S&P
+18.51 pts, Bovespa -610 pts , Ftse +61 pts , Dax +70 pts , Cac +24 pts , Crude @ $73.33 brl (-0.29), Brent @ $76.05 brl (+0.00) , Gold @ 1830.50 (-0.70), Silver @ $25.63 (-0.15), Euro @ $1.1892, JPY @ $109.41, INR @ 74.245
*Today's Corporate Action*
*30th Jul Ex Date*
CENTENKA
Dividend - Rs. - 8.0000
HERCULES
Final Dividend - Rs. - 1.5000
LTI
Special Dividend - Rs. - 10.0000
NELCAST
Dividend - Rs. - 0.2000
SRIPIPES
Dividend - Rs. - 6.0000
*Today's Key Results/Board Meetings*
*30-Jul-21*
ABAN
Quarterly Results
ABFRL
Quarterly Results
ADORFO
Quarterly Results
ADSL
Final Dividend;General;Quarterly Results
ANSINDUS
Quarterly Results
ARFIN
Quarterly Results
ASAHIINDIA
General;Quarterly Results
ATLANTA
Audited Results
BANDHANBNK
Quarterly Results
BASANTGL
Quarterly Results
BENARAS
General;Quarterly Results
BHAGWOX
Quarterly Results
BHEL
Quarterly Results
BIRLACAP
Quarterly Results
BIRLATYRES
Audited Results
BLUEDART
Quarterly Results
BODHTREE
General
BRITANNIA
Quarterly Results
CHANDRAP
General;Quarterly Results
CHEMFABALKA
Quarterly Results
CHOLAFIN
General;Quarterly Results
COLINZ
Quarterly Results
COSYN
Quarterly Results
DAAWAT
Quarterly Results
DCW
Quarterly Results
DDIL
Quarterly Results
DEVKI
General;Quarterly Results
DGCONTENT
Quarterly Results
DHARSUGAR
Audited Results
DRCSYSTEMS
Quarterly Results
EQUITASBNK
General;Quarterly Results
EVEXIA
General
EXIDEIND
Quarterly Results
FAIRCHEMOR
Quarterly Results
FINOLEXIND
Quarterly Results
GOKEX
Quarterly Results
GRAVITA
Quarterly Results
HIL
Quarterly Results
HOCL
A.G.M.;General;Quarterly Results
IFBIND
Quarterly Results
INDIGRID
General;Quarterly Results
INDOAMIN
Quarterly Results
IOC
Quarterly Results
JINDALSAW
Quarterly Results
JKPAPER
Quarterly Results
JSWENERGY
General;Quarterly Results
KANSAINER
Quarterly Results
KEC
Quarterly Results
KELENRG
Quarterly Results
KREBSBIO
General;Quarterly Results
LALPATHLAB
Interim Dividend;Quarterly Results
LEDOTEA
A.G.M.
LKPFIN
Quarterly Results
LODHA
Quarterly Results
MACKINN
Audited Results
MAGNAELQ
Quarterly Results
MARALOVER
Quarterly Results
MARICO
Quarterly Results
MASTERTR
Quarterly Results
MODAIRY
Audited Results
NATFIT
A.G.M.;Quarterly Results
NELCO
Quarterly Results
NGLFINE
Quarterly Results
NIDL
Quarterly Results
NIITLTD
Quarterly Results
OMEGAIN
Quarterly Results
ORIENTALTL
Quarterly Results
OSWAYRN
Quarterly Results
PARSHINV
Quarterly Results
PIIND
Quarterly Results
PPL
Quarterly Results
QUASAR
Quarterly Results
RDBRIL
Quarterly Results
ROLLT
Audited Results;Quarterly Results
ROSSARI
Quarterly Results
SAGL
General
SERIND
Quarterly Results
SJCORP
Quarterly Results
SMFIL
Quarterly Results
SRTRANSFIN
Audited Results;General;Quarterly Results
SUNCLAYLTD
General;Quarterly Results
SUNFLAG
Quarterly Results
SUNPHARMA
Quarterly Results
SUNTECK
General;Quarterly Results
SUPREME
Quarterly Results
SUTLEJTEX
Quarterly Results
TINNARUBR
Quarterly Results
TOKYOFIN
Quarterly Results
TOKYOPLAST
Quarterly Results
TOWASOK
A.G.M.;Quarterly Results
TREJHARA
Quarterly Results
TTFL
A.G.M.;Increase in Authorised Capital;General;Preferential Issue of shares
UPL
Quarterly Results
VETO
Quarterly Results
VGUARD
Quarterly Results
WELSPLSOL
Quarterly Results
WEPSOLN
Quarterly Results
ZYDUSWELL
Quarterly Results
*Stock under F&O ban on NSE*
*30-Jul-21*
None
Nikkei -342 pts ,
Hangseng -273 pts ,
Now @6.54am .
Dow +153.60 pts ,Nsdq +15.68 pts, S&P
+18.51 pts, Bovespa -610 pts , Ftse +61 pts , Dax +70 pts , Cac +24 pts , Crude @ $73.33 brl (-0.29), Brent @ $76.05 brl (+0.00) , Gold @ 1830.50 (-0.70), Silver @ $25.63 (-0.15), Euro @ $1.1892, JPY @ $109.41, INR @ 74.245
*Today's Corporate Action*
*30th Jul Ex Date*
CENTENKA
Dividend - Rs. - 8.0000
HERCULES
Final Dividend - Rs. - 1.5000
LTI
Special Dividend - Rs. - 10.0000
NELCAST
Dividend - Rs. - 0.2000
SRIPIPES
Dividend - Rs. - 6.0000
*Today's Key Results/Board Meetings*
*30-Jul-21*
ABAN
Quarterly Results
ABFRL
Quarterly Results
ADORFO
Quarterly Results
ADSL
Final Dividend;General;Quarterly Results
ANSINDUS
Quarterly Results
ARFIN
Quarterly Results
ASAHIINDIA
General;Quarterly Results
ATLANTA
Audited Results
BANDHANBNK
Quarterly Results
BASANTGL
Quarterly Results
BENARAS
General;Quarterly Results
BHAGWOX
Quarterly Results
BHEL
Quarterly Results
BIRLACAP
Quarterly Results
BIRLATYRES
Audited Results
BLUEDART
Quarterly Results
BODHTREE
General
BRITANNIA
Quarterly Results
CHANDRAP
General;Quarterly Results
CHEMFABALKA
Quarterly Results
CHOLAFIN
General;Quarterly Results
COLINZ
Quarterly Results
COSYN
Quarterly Results
DAAWAT
Quarterly Results
DCW
Quarterly Results
DDIL
Quarterly Results
DEVKI
General;Quarterly Results
DGCONTENT
Quarterly Results
DHARSUGAR
Audited Results
DRCSYSTEMS
Quarterly Results
EQUITASBNK
General;Quarterly Results
EVEXIA
General
EXIDEIND
Quarterly Results
FAIRCHEMOR
Quarterly Results
FINOLEXIND
Quarterly Results
GOKEX
Quarterly Results
GRAVITA
Quarterly Results
HIL
Quarterly Results
HOCL
A.G.M.;General;Quarterly Results
IFBIND
Quarterly Results
INDIGRID
General;Quarterly Results
INDOAMIN
Quarterly Results
IOC
Quarterly Results
JINDALSAW
Quarterly Results
JKPAPER
Quarterly Results
JSWENERGY
General;Quarterly Results
KANSAINER
Quarterly Results
KEC
Quarterly Results
KELENRG
Quarterly Results
KREBSBIO
General;Quarterly Results
LALPATHLAB
Interim Dividend;Quarterly Results
LEDOTEA
A.G.M.
LKPFIN
Quarterly Results
LODHA
Quarterly Results
MACKINN
Audited Results
MAGNAELQ
Quarterly Results
MARALOVER
Quarterly Results
MARICO
Quarterly Results
MASTERTR
Quarterly Results
MODAIRY
Audited Results
NATFIT
A.G.M.;Quarterly Results
NELCO
Quarterly Results
NGLFINE
Quarterly Results
NIDL
Quarterly Results
NIITLTD
Quarterly Results
OMEGAIN
Quarterly Results
ORIENTALTL
Quarterly Results
OSWAYRN
Quarterly Results
PARSHINV
Quarterly Results
PIIND
Quarterly Results
PPL
Quarterly Results
QUASAR
Quarterly Results
RDBRIL
Quarterly Results
ROLLT
Audited Results;Quarterly Results
ROSSARI
Quarterly Results
SAGL
General
SERIND
Quarterly Results
SJCORP
Quarterly Results
SMFIL
Quarterly Results
SRTRANSFIN
Audited Results;General;Quarterly Results
SUNCLAYLTD
General;Quarterly Results
SUNFLAG
Quarterly Results
SUNPHARMA
Quarterly Results
SUNTECK
General;Quarterly Results
SUPREME
Quarterly Results
SUTLEJTEX
Quarterly Results
TINNARUBR
Quarterly Results
TOKYOFIN
Quarterly Results
TOKYOPLAST
Quarterly Results
TOWASOK
A.G.M.;Quarterly Results
TREJHARA
Quarterly Results
TTFL
A.G.M.;Increase in Authorised Capital;General;Preferential Issue of shares
UPL
Quarterly Results
VETO
Quarterly Results
VGUARD
Quarterly Results
WELSPLSOL
Quarterly Results
WEPSOLN
Quarterly Results
ZYDUSWELL
Quarterly Results
*Stock under F&O ban on NSE*
*30-Jul-21*
None
*Good Morning*
India to Allow 100% FDI Under Auto Route for State Oil Co. Sale
India Inflation To Be Within Central Bank Target Range: Adviser
Bharti Airtel Lost Net 4.6M Mobile Users in May; Jio Added 3.6M
Embassy REIT Sees Office Demand Rebounding by March, CEO Says
Cash Is King for Whipsawed Emerging-Market Investors, HSBC Says
Investors favor countries that are front-loading rate hikes
India Court Reserves Verdict on Amazon Plea to Stop Future Deal
Global Funds Sell Net INR8.66B of India Stocks on Thursday: NSE
Domestic funds Buy net 20.5b rupees of stocks
Foreign Investors Sell Net INR24.4B of Indian Equities on July 28
Foreigners Buy Net INR41.2B Indian Equity Derivatives Thursday
U.K. Carmakers Low on Staff in Second-Worst June Since 1953
Parliament passes Factoring Regulation Bill to help MSME sector: PTI
4pm: India Fiscal Deficit in Rupees for April-June Period, prior 44,475
5:30pm: Eight Infrastructure Industries Index for June (Prior 16.8%)
Ajanta Pharma (AJP): 1Q net income +18% y/y to 1.74b rupees, beats est. 1.67b; revenue +12% y/y to 7.48b
Container Corp. (CCRI): 1Q net income 2.55b rupees vs. 616.7m y/y, beats est. 1.95b, revenue +52% y/y to 18.1b
Deepak Nitrite (DN): 1Q net income 3.02b rupees vs. 989.5m y/y, beats est. 2.59b
Laurus Labs (LAURUS): 1Q net income +40% y/y to 2.41b rupees, misses est. 2.74b
Mangalore Refinery (MRPL): 1Q net loss 863m rupees vs. loss 5.20b Y/y
Oberoi Realty (OBER): 1Q net Income 806.3m rupees vs. 280.7m y/y
R Systems International (RSYS): To consider share buyback on Aug. 6
Shriram City Union (SCUF): 1Q net income 2.08b rupees vs. 1.92b y/y
Tech Mahindra (TECHM): 1Q net income +39% y/y 13.5b rupees, beats est. 12.16b; revenue +12% y/y to 102b
TVS Motor (TVSL): 1Q net income 531.5m rupees vs. loss 1.40b y/y, misses est. 1.29b; revenue 39.3b vs. 14.3b y/y
Union Bank Of India (UNBK): 1Q net income 11.8b rupees vs. 3.33b y/y, provisions 35.2b; Gross NPA 13.6% vs. 13.7% q/q
India to Allow 100% FDI Under Auto Route for State Oil Co. Sale
India Inflation To Be Within Central Bank Target Range: Adviser
Bharti Airtel Lost Net 4.6M Mobile Users in May; Jio Added 3.6M
Embassy REIT Sees Office Demand Rebounding by March, CEO Says
Cash Is King for Whipsawed Emerging-Market Investors, HSBC Says
Investors favor countries that are front-loading rate hikes
India Court Reserves Verdict on Amazon Plea to Stop Future Deal
Global Funds Sell Net INR8.66B of India Stocks on Thursday: NSE
Domestic funds Buy net 20.5b rupees of stocks
Foreign Investors Sell Net INR24.4B of Indian Equities on July 28
Foreigners Buy Net INR41.2B Indian Equity Derivatives Thursday
U.K. Carmakers Low on Staff in Second-Worst June Since 1953
Parliament passes Factoring Regulation Bill to help MSME sector: PTI
4pm: India Fiscal Deficit in Rupees for April-June Period, prior 44,475
5:30pm: Eight Infrastructure Industries Index for June (Prior 16.8%)
Ajanta Pharma (AJP): 1Q net income +18% y/y to 1.74b rupees, beats est. 1.67b; revenue +12% y/y to 7.48b
Container Corp. (CCRI): 1Q net income 2.55b rupees vs. 616.7m y/y, beats est. 1.95b, revenue +52% y/y to 18.1b
Deepak Nitrite (DN): 1Q net income 3.02b rupees vs. 989.5m y/y, beats est. 2.59b
Laurus Labs (LAURUS): 1Q net income +40% y/y to 2.41b rupees, misses est. 2.74b
Mangalore Refinery (MRPL): 1Q net loss 863m rupees vs. loss 5.20b Y/y
Oberoi Realty (OBER): 1Q net Income 806.3m rupees vs. 280.7m y/y
R Systems International (RSYS): To consider share buyback on Aug. 6
Shriram City Union (SCUF): 1Q net income 2.08b rupees vs. 1.92b y/y
Tech Mahindra (TECHM): 1Q net income +39% y/y 13.5b rupees, beats est. 12.16b; revenue +12% y/y to 102b
TVS Motor (TVSL): 1Q net income 531.5m rupees vs. loss 1.40b y/y, misses est. 1.29b; revenue 39.3b vs. 14.3b y/y
Union Bank Of India (UNBK): 1Q net income 11.8b rupees vs. 3.33b y/y, provisions 35.2b; Gross NPA 13.6% vs. 13.7% q/q
Amazon Q2 Result + Q3 Guidance very weak. Result announced after mkt close so today Amazon to open 8-10% down. That's why all Tech stocks & Nasdaq futures (Amazon weightage 9% on Nasdaq) trading lower result in weaker opening in Asian Markets.
╭───────────────────╮
🌄 S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴ : 30 Jul/श्रावण मास(Friday) वर्ष ऋतू(23 सेप्टेंबर तक) {कृष्ण पक्ष}🙏🏻
╰────────────── ──────╯
Today's top News ➣➣➣➣➣➣➣➣➣➣➣➣➣
1. Govt Approves 27% Reservation for OBC, 10% for Economically Weaker Section in All India Quota Medical College Admissions.
2. India is likely to launch its 3rd lunar mission Chandrayaan-3 in the third quarter of next year because the Covid-19 pandemic has delayed the fabrication of the spacecraft, Union minister of state for the department of space Jitendra Singh told.
3. IndiGo will start direct flights between Jabalpur and Mumbai, Delhi, Hyderabad and Indore from August 20.
4. PM Modi on 29 Jul (Thursday) launched a website dedicated to Artificial Intelligence (AI) on the occasion of the first anniversary of the National Education Policy 2020 and said that the website would make our youth future-oriented.
5. COVID-19: Complete lockdown in Kerala from 31 July to 01 Aug . The average daily cases being reported in the state are above 17,443
6. The Assam govt on Thursday issued an 👍🏼advisory asking its citizens to refrain from travelling to Mizoram as border tensions between the two states. Six Assam Police personnel and a civilian were killed and over 50 others including a superintendent of police were injured when the Mizoram Police opened fire on a team of Assam officials Monday.
7. *ASSAM'S BORDER DISPUTES* : The chief secretaries and police chiefs of Assam and Mizoram at a meeting called by the Union Home Ministry in Delhi agreed to the deployment of a neutral central armed police force along National Hghway 306, headed by a senior central police officer to keep peace along the border of the two states.
8. *Basic reason for dispute* is land encroachment near Hailakandi district, Cachar & Karimganj and sharing of border between two states.
Mizoram shares about 164.6 km long border with Assam. The hill state Mizoram was part of Assam until 1972 when it was carved out as a Union Territory. It became the 23rd state of India on 20 February 1987 with Aizwal as it's capital. Now Zoramthanga is the CM of Mizoram.
9. In Kerala a Major Fire Breaks Out at Poultry Feed Manufacturing Unit in Palakkad; 30 Injured.
10. The Delhi Assembly on 29 Jul (Thursday) passed a resolution urging the Centre to immediately withdraw the appointment of Rakesh Asthana as the Delhi Police commissioner.
11. Himachal Pradesh High Court says that a Pregnant women need bail, not jail, high court allowed the petition of a pregnant woman accused in a Narcotic Drugs case. Justice Anoop Chitkara also said that temporary bail or suspension of sentence, extending to a year after delivery, must be allowed even when the offences are very grave and accusations very severe.
12. Indian Railways Introduces New Rules for Booking Train Tickets Online: new rule of the Indian Railways is applicable for passengers who have not booked tickets for a long time due to the ongoing COVID-19 pandemic. Such users will have to first undergo the verification process before they buy tickets from the IRCTC portal. Passengers cannot skip this process by any means. However, those who have booked tickets regularly will not have to go through the drill.
13. Birthday of Bollywood actor Sonu Sood (born 30 July 1973). He is an Indian film actor, model, and producer who acts predominantly in Hindi, Telugu, Tamil, Kannada and Punjabi films.
14. India has so far received 26 Rafale aircraft out of the 36 it has ordered from Dassault Aviation, Minister of State for Defence Ajay Bhatt said .
15. The Eurofighter Typhoon will soon be equipped with a new electronic warfare system, SPEAR-EW, capable of neutralizing the “most sophisticated air defenses”. Multinational defense company MBDA is now working on a new electronic warfare version of the SPEAR weapon system.
To join the Whatsapp group for daily news send request @ nin for zro for eit zro sevan fi to zro
✈ INTERNATIONAL NEWS
🌄 S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴ : 30 Jul/श्रावण मास(Friday) वर्ष ऋतू(23 सेप्टेंबर तक) {कृष्ण पक्ष}🙏🏻
╰────────────── ──────╯
Today's top News ➣➣➣➣➣➣➣➣➣➣➣➣➣
1. Govt Approves 27% Reservation for OBC, 10% for Economically Weaker Section in All India Quota Medical College Admissions.
2. India is likely to launch its 3rd lunar mission Chandrayaan-3 in the third quarter of next year because the Covid-19 pandemic has delayed the fabrication of the spacecraft, Union minister of state for the department of space Jitendra Singh told.
3. IndiGo will start direct flights between Jabalpur and Mumbai, Delhi, Hyderabad and Indore from August 20.
4. PM Modi on 29 Jul (Thursday) launched a website dedicated to Artificial Intelligence (AI) on the occasion of the first anniversary of the National Education Policy 2020 and said that the website would make our youth future-oriented.
5. COVID-19: Complete lockdown in Kerala from 31 July to 01 Aug . The average daily cases being reported in the state are above 17,443
6. The Assam govt on Thursday issued an 👍🏼advisory asking its citizens to refrain from travelling to Mizoram as border tensions between the two states. Six Assam Police personnel and a civilian were killed and over 50 others including a superintendent of police were injured when the Mizoram Police opened fire on a team of Assam officials Monday.
7. *ASSAM'S BORDER DISPUTES* : The chief secretaries and police chiefs of Assam and Mizoram at a meeting called by the Union Home Ministry in Delhi agreed to the deployment of a neutral central armed police force along National Hghway 306, headed by a senior central police officer to keep peace along the border of the two states.
8. *Basic reason for dispute* is land encroachment near Hailakandi district, Cachar & Karimganj and sharing of border between two states.
Mizoram shares about 164.6 km long border with Assam. The hill state Mizoram was part of Assam until 1972 when it was carved out as a Union Territory. It became the 23rd state of India on 20 February 1987 with Aizwal as it's capital. Now Zoramthanga is the CM of Mizoram.
9. In Kerala a Major Fire Breaks Out at Poultry Feed Manufacturing Unit in Palakkad; 30 Injured.
10. The Delhi Assembly on 29 Jul (Thursday) passed a resolution urging the Centre to immediately withdraw the appointment of Rakesh Asthana as the Delhi Police commissioner.
11. Himachal Pradesh High Court says that a Pregnant women need bail, not jail, high court allowed the petition of a pregnant woman accused in a Narcotic Drugs case. Justice Anoop Chitkara also said that temporary bail or suspension of sentence, extending to a year after delivery, must be allowed even when the offences are very grave and accusations very severe.
12. Indian Railways Introduces New Rules for Booking Train Tickets Online: new rule of the Indian Railways is applicable for passengers who have not booked tickets for a long time due to the ongoing COVID-19 pandemic. Such users will have to first undergo the verification process before they buy tickets from the IRCTC portal. Passengers cannot skip this process by any means. However, those who have booked tickets regularly will not have to go through the drill.
13. Birthday of Bollywood actor Sonu Sood (born 30 July 1973). He is an Indian film actor, model, and producer who acts predominantly in Hindi, Telugu, Tamil, Kannada and Punjabi films.
14. India has so far received 26 Rafale aircraft out of the 36 it has ordered from Dassault Aviation, Minister of State for Defence Ajay Bhatt said .
15. The Eurofighter Typhoon will soon be equipped with a new electronic warfare system, SPEAR-EW, capable of neutralizing the “most sophisticated air defenses”. Multinational defense company MBDA is now working on a new electronic warfare version of the SPEAR weapon system.
To join the Whatsapp group for daily news send request @ nin for zro for eit zro sevan fi to zro
✈ INTERNATIONAL NEWS
1. US Secretary of State Antony Blinken and PM Modi discuss efforts to deepen US-India global partnership. They discussed regional challenges & cooperation on COVID-19 response efforts, climate change, regional security and shared values & democratic principles.
2. The International Air Transport Association (IATA) urged the Indian government to remove COVID-19 related restrictions on airlines in the country. The body of 290 global airlines wants India to resume operation of international flights along with an end to capacity restrictions and fare capping for domestic airlines.
3. Army Chief General MM Naravane held talks with Commander of US Special Operations Command General Richard D Clarke on Thursday, focussing on various key aspects of bilateral defence and security cooperation
4. The Indian Air Force (IAF) has now deployed recently acquired Rafale fighter jets close to China on the eastern front before the next round of military talks between both the countries, likely to be held soon.
5. *OP PAWAN* : The intervention in Sri Lanka.
There are few people in India, who know about the Indian military intervention in Sri Lanka, that began on 29th July 1987 thirty four years ago, and lasted for 967 days, having taken the lines of 1155 brave Indian soldiers..
🌎 WORLD NEWS 🌍
1. China's foreign minister met with a delegation of high-level Taliban officials as ties between them warm ahead of the US pullout from Afghanistan. A photo posted on the ministry's website showed Wang Yi posing with senior Taliban leader Mullah Abdul Ghani Baradar and his delegation in the city of Tianjin.
2. The U.S. Congress on 29 Jul (Thursday) approved emergency funding to replenish the Capitol Police and bolster security after the Jan. 6 riot by supporters of then-President Donald Trump and to evacuate Afghans who helped American forces from their country.
3. Israel will roll out a booster dose of the Pfizer-BioNTech COVID-19 vaccine to older people, citing a drop in protection against severe disease driven by the Delta variant.
4. Tsunami alert issued for Hawaii after 8.2 magnitude earthquake hits Alaska peninsula.
5. Israeli authorities have inspected the offices of surveillance outfit NSO Group in response to the Pegasus project investigation into abuses of the company’s spyware by several government clients. Officials from the Defence Ministry visited the company’s offices near Tel Aviv.
====================
🚣🚴🏇🏁🏊 SPORTS:
======================
*MEDALS POSN* .
*Rk G. S. B. T.*
1 Japan 15 4 5 24
2 China 14 6. 9 29
3 USA 13 14 10 37
4 Australia 8 2 10 20
5 Russian 7. 11 8 26
6 Britain. 5 7. 6 18
India in 46th Position with 1 silver
×*×*×*×*×*×*×*×*×*×*×*×
1. Shuttler PV Sindhu defeated Mia Blichfeldt in straight games to advance to quarter-finals of women’s singles.
2. Six-time world champion M C Mary Kom on 29 Jul (Thursday) slammed the International Olympic Committee’s Boxing Task Force for “poor judging" in her flyweight (51kg) pre-quarterfinal at the Tokyo Games which she lost despite winning two of the three rounds.
##################
*EVENTS AND SCHEDULE*
30 July 2021
Day 7 schedule:
Schedule for India's participants :
*SHOOTING*
5:30 AM: 25m Pistol Women's Qualification Rapid (Rahi Sarnobat, Manu Bhaker)
*ARCHERY*
6:00 AM: Women's Individual 1/8 Eliminations (Deepika Kumari vs Ksenia Perova of ROC)
*ATHLETICS*
6:17 AM: Men's 3000m Steeplechase Round 1 - Heat 2 (Avinash Mukund Sable)
*HOCKEY*
8:15 AM: Women's Pool A (India vs Ireland)
*BOXING*
8:18 AM: Women's Light (57-60kg) - Round of 16 (Simranjit Kaur vs Sudaporn Seesondee of Thailand)
*ATHLETICS*
8: 27 AM: Men's 400m Hurdles Round 1 - Heat 5 (MP Jabir)
*SAILING*
8:35 AM: Women's One Person Dinghy - Laser Radial - Race 09 (Nethra Kumanan)
Followed by Race 1
8:35 AM: Men's Skiff - 49er - Race 07 (Ganapathy Kelapanda-Varun Thakkar)
Followed by Race 08, Race09
*ATHLETICS*
8:45 AM: Women's 100m Round 1 - Heat 1 (Dutee Chand)
2. The International Air Transport Association (IATA) urged the Indian government to remove COVID-19 related restrictions on airlines in the country. The body of 290 global airlines wants India to resume operation of international flights along with an end to capacity restrictions and fare capping for domestic airlines.
3. Army Chief General MM Naravane held talks with Commander of US Special Operations Command General Richard D Clarke on Thursday, focussing on various key aspects of bilateral defence and security cooperation
4. The Indian Air Force (IAF) has now deployed recently acquired Rafale fighter jets close to China on the eastern front before the next round of military talks between both the countries, likely to be held soon.
5. *OP PAWAN* : The intervention in Sri Lanka.
There are few people in India, who know about the Indian military intervention in Sri Lanka, that began on 29th July 1987 thirty four years ago, and lasted for 967 days, having taken the lines of 1155 brave Indian soldiers..
🌎 WORLD NEWS 🌍
1. China's foreign minister met with a delegation of high-level Taliban officials as ties between them warm ahead of the US pullout from Afghanistan. A photo posted on the ministry's website showed Wang Yi posing with senior Taliban leader Mullah Abdul Ghani Baradar and his delegation in the city of Tianjin.
2. The U.S. Congress on 29 Jul (Thursday) approved emergency funding to replenish the Capitol Police and bolster security after the Jan. 6 riot by supporters of then-President Donald Trump and to evacuate Afghans who helped American forces from their country.
3. Israel will roll out a booster dose of the Pfizer-BioNTech COVID-19 vaccine to older people, citing a drop in protection against severe disease driven by the Delta variant.
4. Tsunami alert issued for Hawaii after 8.2 magnitude earthquake hits Alaska peninsula.
5. Israeli authorities have inspected the offices of surveillance outfit NSO Group in response to the Pegasus project investigation into abuses of the company’s spyware by several government clients. Officials from the Defence Ministry visited the company’s offices near Tel Aviv.
====================
🚣🚴🏇🏁🏊 SPORTS:
======================
*MEDALS POSN* .
*Rk G. S. B. T.*
1 Japan 15 4 5 24
2 China 14 6. 9 29
3 USA 13 14 10 37
4 Australia 8 2 10 20
5 Russian 7. 11 8 26
6 Britain. 5 7. 6 18
India in 46th Position with 1 silver
×*×*×*×*×*×*×*×*×*×*×*×
1. Shuttler PV Sindhu defeated Mia Blichfeldt in straight games to advance to quarter-finals of women’s singles.
2. Six-time world champion M C Mary Kom on 29 Jul (Thursday) slammed the International Olympic Committee’s Boxing Task Force for “poor judging" in her flyweight (51kg) pre-quarterfinal at the Tokyo Games which she lost despite winning two of the three rounds.
##################
*EVENTS AND SCHEDULE*
30 July 2021
Day 7 schedule:
Schedule for India's participants :
*SHOOTING*
5:30 AM: 25m Pistol Women's Qualification Rapid (Rahi Sarnobat, Manu Bhaker)
*ARCHERY*
6:00 AM: Women's Individual 1/8 Eliminations (Deepika Kumari vs Ksenia Perova of ROC)
*ATHLETICS*
6:17 AM: Men's 3000m Steeplechase Round 1 - Heat 2 (Avinash Mukund Sable)
*HOCKEY*
8:15 AM: Women's Pool A (India vs Ireland)
*BOXING*
8:18 AM: Women's Light (57-60kg) - Round of 16 (Simranjit Kaur vs Sudaporn Seesondee of Thailand)
*ATHLETICS*
8: 27 AM: Men's 400m Hurdles Round 1 - Heat 5 (MP Jabir)
*SAILING*
8:35 AM: Women's One Person Dinghy - Laser Radial - Race 09 (Nethra Kumanan)
Followed by Race 1
8:35 AM: Men's Skiff - 49er - Race 07 (Ganapathy Kelapanda-Varun Thakkar)
Followed by Race 08, Race09
*ATHLETICS*
8:45 AM: Women's 100m Round 1 - Heat 1 (Dutee Chand)
*BOXING*
8:48 AM: Women's Welter (64-69kg) Quarterfinal 2 (Lovlina Borgohain vs Nien-Chin Chen of Chinese Taipei)
*GOLF*
8:52 AM: Men's Individual Stroke Play Round 2 (Anirban Lahiri)
*SHOOTING*
10:30 AM: 25m Pistol Women's Final (Subject to Qualification)
*SAILING*
11:05 AM: Men's One Person Dinghy - Laser - Race 09 (Vishnu Saravanan)
Followed by Race 10
*GOLF*
11:09 AM: Men's Individual Stroke Play Round 2 (Udayan Mane)
*BADMINTON*
1:15 PM: Women's Singles Quarterfinal (PV Sindhu vs Akane Yamaguchi of Japan)
*EQUESTRIAN*
2:00 PM: Eventing Dressage Team and Individual Day 1 (Fouaad Mirza)
*HOCKEY*
3:00 PM: Men's Pool A (India vs Japan)
*ATHLETICS*
4:42 PM: 4x400m Relay Mixed Round 1 - Heat 2 (Revathi Veeramani, Subha Venkatesan, Alex Antony, Sarthak Bhambri)
÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷
*INDIA VS SRI LANKA*
3rd T20I t20, R.Premadasa Stadium, Colombo,
*INDIA 81/8 (20.0)*
Shikhar Dhawan (Capt.)
Vs
SRI LANKA 82/3 (14.3)
Dasun Shanaka (Capt)
SRI LANKA won by 7 Wkts 36 Balls left.
USD 74.26 💷GBP 103.67
Bhubaneswar (Odhissa)
CM : Sh. Naveen Patnaik
🥇 Gold ₹49,720©10 gm 24 (Krt)
🥈 Silver ₹67,200©Kg
⛽ Petrol ₹ 102.66
⛽ Diesel ₹ 97.95
LPG : ₹ 861/14.2 Kg
BSE Sensex 52,653.07
NIFTY : 15,778.45
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
🇮🇳 Facts about India 🇮🇳
Orissa is the modern name of the ancient kingdom of Kalinga, which was invaded by the Mauryan Emperor Ashoka in 261 BCE. The modern state of Orissa was established on 1 April 1936, as a province in British India & consisted predominantly of Oriya speakers.
Odisha known in the past as Kalinga, Utkal or Odradesa or Utkala Dibasa. This Utkala word can hear in our National Anthem. Later on Utkala became Urisha, Orissa and now Odhisa. The name of the state Orissa to Odisha changed with effect from November 01, 2011.
*😀Thought of the day*
Caring for some one is easy, but to make someone care for you is difficult. So never loose those who really cares .
*Joke of the day*
*पप्पू (मेहमान से)* : ठंडा लोगे या गर्म?
*मेहमान* : दोनों ले आओ...
*पप्पू* : फेकू.. एक गिलास फ्रीजर से और दूसरा गिलास गीजर से पानी ले आओ..😜😝
*😳Why❓❓❓*
*Does "laughing gas" actually make you laugh?*
Nitrous Oxide or laughing gas. When you inhale the gas, it displaces the air in your lungs and prevents oxygen from getting to your brain and blood. This deprivation is what causes all the giggles. Some people even experience mild hallucinations.
However, nitrous oxide generates a feeling of euphoria which makes a person want to laugh. N2O triggers the release of dopamine molecules in our body, Dopamine is a type of neurotransmitter. Your body makes it, and your nervous system uses it to send messages between nerve cells. That's why it's sometimes called a chemical messenger. Dopamine plays a role in how we feel pleasure. Dopamine is particularly known as being the "happy hormone." It is responsible for our experiencing happiness.
*LEARN Sanskrit*🙏🏻
*अहम् आनन्दितो अस्मि* ।. Aham Anandito Asmi
I AM HAPPY
🤔 *How it works* ⁉
*How Does a QR Code Work?*
A QR Code, or quick response Code, is a Code that is quickly readable by a cell phone (hence the word “quick” in the name). Using a combination of spacing as a type of Matrix Barcode (a 2-D Barcode), when a QR Code is scanned, it conveys a wide multitude of information. A QR code is a type of matrix barcode first designed in 1994 for the automotive industry in Japan. A barcode is a machine-readable optical label that contains information about the item to which it is attached. A QR code consists of black squares arranged in a square grid on a white background, which can be read by an imaging device such as a camera.
QR Codes found their first use in Japan’s Kanban.
💁🏻♂️ *GK TODAY*
8:48 AM: Women's Welter (64-69kg) Quarterfinal 2 (Lovlina Borgohain vs Nien-Chin Chen of Chinese Taipei)
*GOLF*
8:52 AM: Men's Individual Stroke Play Round 2 (Anirban Lahiri)
*SHOOTING*
10:30 AM: 25m Pistol Women's Final (Subject to Qualification)
*SAILING*
11:05 AM: Men's One Person Dinghy - Laser - Race 09 (Vishnu Saravanan)
Followed by Race 10
*GOLF*
11:09 AM: Men's Individual Stroke Play Round 2 (Udayan Mane)
*BADMINTON*
1:15 PM: Women's Singles Quarterfinal (PV Sindhu vs Akane Yamaguchi of Japan)
*EQUESTRIAN*
2:00 PM: Eventing Dressage Team and Individual Day 1 (Fouaad Mirza)
*HOCKEY*
3:00 PM: Men's Pool A (India vs Japan)
*ATHLETICS*
4:42 PM: 4x400m Relay Mixed Round 1 - Heat 2 (Revathi Veeramani, Subha Venkatesan, Alex Antony, Sarthak Bhambri)
÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷÷
*INDIA VS SRI LANKA*
3rd T20I t20, R.Premadasa Stadium, Colombo,
*INDIA 81/8 (20.0)*
Shikhar Dhawan (Capt.)
Vs
SRI LANKA 82/3 (14.3)
Dasun Shanaka (Capt)
SRI LANKA won by 7 Wkts 36 Balls left.
USD 74.26 💷GBP 103.67
Bhubaneswar (Odhissa)
CM : Sh. Naveen Patnaik
🥇 Gold ₹49,720©10 gm 24 (Krt)
🥈 Silver ₹67,200©Kg
⛽ Petrol ₹ 102.66
⛽ Diesel ₹ 97.95
LPG : ₹ 861/14.2 Kg
BSE Sensex 52,653.07
NIFTY : 15,778.45
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
🇮🇳 Facts about India 🇮🇳
Orissa is the modern name of the ancient kingdom of Kalinga, which was invaded by the Mauryan Emperor Ashoka in 261 BCE. The modern state of Orissa was established on 1 April 1936, as a province in British India & consisted predominantly of Oriya speakers.
Odisha known in the past as Kalinga, Utkal or Odradesa or Utkala Dibasa. This Utkala word can hear in our National Anthem. Later on Utkala became Urisha, Orissa and now Odhisa. The name of the state Orissa to Odisha changed with effect from November 01, 2011.
*😀Thought of the day*
Caring for some one is easy, but to make someone care for you is difficult. So never loose those who really cares .
*Joke of the day*
*पप्पू (मेहमान से)* : ठंडा लोगे या गर्म?
*मेहमान* : दोनों ले आओ...
*पप्पू* : फेकू.. एक गिलास फ्रीजर से और दूसरा गिलास गीजर से पानी ले आओ..😜😝
*😳Why❓❓❓*
*Does "laughing gas" actually make you laugh?*
Nitrous Oxide or laughing gas. When you inhale the gas, it displaces the air in your lungs and prevents oxygen from getting to your brain and blood. This deprivation is what causes all the giggles. Some people even experience mild hallucinations.
However, nitrous oxide generates a feeling of euphoria which makes a person want to laugh. N2O triggers the release of dopamine molecules in our body, Dopamine is a type of neurotransmitter. Your body makes it, and your nervous system uses it to send messages between nerve cells. That's why it's sometimes called a chemical messenger. Dopamine plays a role in how we feel pleasure. Dopamine is particularly known as being the "happy hormone." It is responsible for our experiencing happiness.
*LEARN Sanskrit*🙏🏻
*अहम् आनन्दितो अस्मि* ।. Aham Anandito Asmi
I AM HAPPY
🤔 *How it works* ⁉
*How Does a QR Code Work?*
A QR Code, or quick response Code, is a Code that is quickly readable by a cell phone (hence the word “quick” in the name). Using a combination of spacing as a type of Matrix Barcode (a 2-D Barcode), when a QR Code is scanned, it conveys a wide multitude of information. A QR code is a type of matrix barcode first designed in 1994 for the automotive industry in Japan. A barcode is a machine-readable optical label that contains information about the item to which it is attached. A QR code consists of black squares arranged in a square grid on a white background, which can be read by an imaging device such as a camera.
QR Codes found their first use in Japan’s Kanban.
💁🏻♂️ *GK TODAY*
The states of Arunachal Pradesh, Assam, Meghalaya, Manipur, Mizoram, Nagaland and Tripura were named the Seven Sisters in 1972. Jyoti Prasad Saikia, a civil servant from Assam compiled a book named it as the Land of Seven Sisters. This nickname has caught on and became familiar.
*BORN TODAY* 💐🐣
Satyendranath Bose or Satyen Bose) (30 July 1882 – 21 November 1908) was an Indian Bengali revolutionary, who, along with Kanailal Dutta, was convicted by the British for assassination of Narendranath Goswami, an approver of the British, in the Jail hospital of Alipore Central Jail on 31 August 1908.
Satyendra Nath Bosu was hanged till death on 21 November 1908
🛕 *VEDIK GYAN*
*In Ramayana*
*Bali* , the king of Kishkindha, was the elder brother of Sugreev. He was a son of Indra who had given him a celestial necklace. It was a necklace with special properties for, after wearing it, if Bali battled with anyone, half the strength of his opponent would be transferred to him.
*Sugreev wife* name was *Ruma or Roma*
*Bali wife* name was *Tara*
*Bali* was invincible during Treta Yuga. Nali defeated some of the greatest warriors like Ravana. Bali was blessed with the ability to obtain half the strength of his opponent. Hence, Rama killed Bali by hiding behind the trees.
After Bali's death, Sugriva reclaimed the vanara kingdom, took back his wife, *Rumā* and took over Bali's main wife, *Tara* , who became empress and her son by Bali, Angada, who became crown prince.
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Use of Cumin seeds*
*Zeera*
1. The most common traditional use of cumin is for indigestion. Cumin also increases the release of bile from the liver. Bile helps digest fats.
2. Many people around the world don't get enough iron. Cumin is very dense in iron, providing almost 20% of your daily iron in one teaspoon.
Jeera water is anti-inflammatory and helps in digestive process, minimise gastric problems.
Using cumin as a spice increases antioxidant intake, promotes digestion, provides iron, may improve blood sugar control and may reduce food-borne illnesses.
Regards
CH Nαʋҽҽɳ Kυɱαɾ...✒️
───────────────────╮
*🙏PLZ FOLLOW#9 GOVT#4. NORMS#0, MAINT#4 SOCIAL#8 DISTANCE#0, KEEP#7 YOURSELF#5 ©YOUR#2 FAMILY#0 SAFE🌼*
*BORN TODAY* 💐🐣
Satyendranath Bose or Satyen Bose) (30 July 1882 – 21 November 1908) was an Indian Bengali revolutionary, who, along with Kanailal Dutta, was convicted by the British for assassination of Narendranath Goswami, an approver of the British, in the Jail hospital of Alipore Central Jail on 31 August 1908.
Satyendra Nath Bosu was hanged till death on 21 November 1908
🛕 *VEDIK GYAN*
*In Ramayana*
*Bali* , the king of Kishkindha, was the elder brother of Sugreev. He was a son of Indra who had given him a celestial necklace. It was a necklace with special properties for, after wearing it, if Bali battled with anyone, half the strength of his opponent would be transferred to him.
*Sugreev wife* name was *Ruma or Roma*
*Bali wife* name was *Tara*
*Bali* was invincible during Treta Yuga. Nali defeated some of the greatest warriors like Ravana. Bali was blessed with the ability to obtain half the strength of his opponent. Hence, Rama killed Bali by hiding behind the trees.
After Bali's death, Sugriva reclaimed the vanara kingdom, took back his wife, *Rumā* and took over Bali's main wife, *Tara* , who became empress and her son by Bali, Angada, who became crown prince.
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Use of Cumin seeds*
*Zeera*
1. The most common traditional use of cumin is for indigestion. Cumin also increases the release of bile from the liver. Bile helps digest fats.
2. Many people around the world don't get enough iron. Cumin is very dense in iron, providing almost 20% of your daily iron in one teaspoon.
Jeera water is anti-inflammatory and helps in digestive process, minimise gastric problems.
Using cumin as a spice increases antioxidant intake, promotes digestion, provides iron, may improve blood sugar control and may reduce food-borne illnesses.
Regards
CH Nαʋҽҽɳ Kυɱαɾ...✒️
───────────────────╮
*🙏PLZ FOLLOW#9 GOVT#4. NORMS#0, MAINT#4 SOCIAL#8 DISTANCE#0, KEEP#7 YOURSELF#5 ©YOUR#2 FAMILY#0 SAFE🌼*
World Markets
Dow + 154
Nasdaq + 16
Dax + 70
Nikkei - 376
Hangseng - 223
Sgxnifty - 62 (15750)
Brent Crude 74.65
Dow Fut - 109
Dollar Index 91.96
Dow + 154
Nasdaq + 16
Dax + 70
Nikkei - 376
Hangseng - 223
Sgxnifty - 62 (15750)
Brent Crude 74.65
Dow Fut - 109
Dollar Index 91.96
Stocks To Watch
Kotak Mahindra Bank: Shareholders will see a significant shift in Kotak Mahindra Bank Ltd.'s approach, with "greater aggression" and sharper execution, Uday Kotak said in the annual report for 2020-21. “We'll not shy away from taking bolder bets,” he added. The private lender sees this as the right time to experiment more and concentrate on segments it deems as offering the best
opportunities for returns. The bank will increase investments in strengthening its digital and technology platforms and offerings.
Privi Specialty Chemicals: Signed a joint venture agreement with Givaudan SA, the global leader in fragrance creation, to set up a new greenfield production facility in Mahad. The facility will have state of the art manufacturing equipment tailor made to manufacture small-volume fragrance ingredients of medium to high complexity, also known as specialty ingredients, the company said. Privi will hold 51% of the equity capital of the joint venture company. Mangalore Refinery and Petrochemicals: Approved raising up to Rs 5,000 crore through issue of NCDs. Enhanced borrowing powers to Rs 33,500 crore from Rs 25,000 crore.
Hindalco Industries: CRISIL Ratings has upgraded its rating on the non-convertible debentures of the company to AA+/stable from AA/positive.
R Systems International: To consider share buyback on August 6.
Earnings: Sun Pharmaceutical Industries, UPL, Britannia Industries, Indian Oil Corporation, Bandhan Bank, Bharat Heavy Electricals, Dr. Lal PathLabs, Marico, JSW Energy, Kansai Nerolac Paints, PI Industries, Cholamandalam Investment
and Finance Company, Aditya Birla Fashion and Retail, Macrotech Developers, Blue Dart Express, Exide Industries, Zydus Wellness, Equitas Small Finance Bank, Shriram Transport Finance Co., V-Guard Industries, India Grid Trust, Sunteck Realty, KEC International, Asahi India Glass, Fairchem Organics, Rossari Biotech, Finolex Industries, LT Foods, DCW, Gokaldas Exports, Gravita India, HIL, IFB Industries Indo Amines, Jindal Saw, JK Paper, Nelco, NGL Fine-Chem, NIIT, Sundaram-Clayton, Sutlej Textiles & Industries, Welspun Specialty Solutions
Kotak Mahindra Bank: Shareholders will see a significant shift in Kotak Mahindra Bank Ltd.'s approach, with "greater aggression" and sharper execution, Uday Kotak said in the annual report for 2020-21. “We'll not shy away from taking bolder bets,” he added. The private lender sees this as the right time to experiment more and concentrate on segments it deems as offering the best
opportunities for returns. The bank will increase investments in strengthening its digital and technology platforms and offerings.
Privi Specialty Chemicals: Signed a joint venture agreement with Givaudan SA, the global leader in fragrance creation, to set up a new greenfield production facility in Mahad. The facility will have state of the art manufacturing equipment tailor made to manufacture small-volume fragrance ingredients of medium to high complexity, also known as specialty ingredients, the company said. Privi will hold 51% of the equity capital of the joint venture company. Mangalore Refinery and Petrochemicals: Approved raising up to Rs 5,000 crore through issue of NCDs. Enhanced borrowing powers to Rs 33,500 crore from Rs 25,000 crore.
Hindalco Industries: CRISIL Ratings has upgraded its rating on the non-convertible debentures of the company to AA+/stable from AA/positive.
R Systems International: To consider share buyback on August 6.
Earnings: Sun Pharmaceutical Industries, UPL, Britannia Industries, Indian Oil Corporation, Bandhan Bank, Bharat Heavy Electricals, Dr. Lal PathLabs, Marico, JSW Energy, Kansai Nerolac Paints, PI Industries, Cholamandalam Investment
and Finance Company, Aditya Birla Fashion and Retail, Macrotech Developers, Blue Dart Express, Exide Industries, Zydus Wellness, Equitas Small Finance Bank, Shriram Transport Finance Co., V-Guard Industries, India Grid Trust, Sunteck Realty, KEC International, Asahi India Glass, Fairchem Organics, Rossari Biotech, Finolex Industries, LT Foods, DCW, Gokaldas Exports, Gravita India, HIL, IFB Industries Indo Amines, Jindal Saw, JK Paper, Nelco, NGL Fine-Chem, NIIT, Sundaram-Clayton, Sutlej Textiles & Industries, Welspun Specialty Solutions