Market Wizard
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Super Duper Mid Term Aggressive Mid Term Call

Buy ITHL (BSE:- 500213) AT CMP OF 81.5 - 82 (UC Levels)
ADD MORE TILL 76
SL 72
TARGETS:- 85 - 87 - 89 - 91 - 94+
Above 94 we can see 100 - 108 - 116+

DISCLAIMER:- I AM NOT SEBI REGISTERED. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
SAURASHTRA CEMENT 131❤️❤️
ON PUBLIC DEMAND

ONE MORE BUMPER ZOOMING CALL

NEED 20+ YES
JACKPOT MID TERM CALL

BUY PIONRINV ( BSE - 507864) AT CMP OF 41 - 42.5 AND DIPS TILL 39
SL 37
TARGETS:- 45 - 46 - 47 - 48 - 49+
ABOVE THAT WE CAN SEE 54 - 56+

DISCLAIMER:- I AM NOT SEBI REGISTERED. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
Market Wizard
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Disclaimer : This channel DOES NOT provide any stock market related advice or recommendation

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https://t.me/marketswizard
KEEP BOOKING PROFITS IN STOCKS WHICH ARE GIVING YOU GOOD RETURNS. DONT BE GREEDY, IF YOU WISH TO HOLD BOOK PART AND TRAIL REST.
*Bajaj Auto July 2021 Sales – In line with expectation*
(Nirmal Bang Retail Research)
Total Sales came at 369116 units vs expectation of 378244 units, YoY 255832 units (44%) and MoM 346136 units (7%)
*Maruti Suzuki July 2021 Sales – in line with expectation*
(Nirmal Bang Retail Research)
Total Sales (Domestic+Exports) came at 162462 units vs expectation of 160218 units, YoY 108064 units (50%) and MoM 147368 units (10%)
*Housing Development Finance Corporation Ltd. -S* | *CMP* Rs. 2438 | *M Cap* Rs. 440243 Cr | *52 W H/L* 2938/1623
(Nirmal Bang Retail Research)
*Result is above expectations* due to healthy collection efficiency for the month of June
Interest income came at Rs. 10523.4 Cr, YoY Rs. 10790.7 Cr, QoQ Rs. 10446 Cr
NII came at Rs. 4001.4 Cr, YoY Rs. 2973.6 Cr, QoQ Rs. 3880.1 Cr
Profit on sale of Investments came at Rs. 251.7 Cr, YoY Rs. 1241.2 Cr, QoQ Rs. 0 Cr
PBP came at Rs. 4590.6 Cr vs expectation of Rs. 3916 Cr, YoY Rs. 3467.2 Cr, QoQ Rs. 3470.2 Cr
Provision came at Rs. 686 Cr vs expectation of Rs. 838.8 Cr, YoY Rs. 1199 Cr, QoQ Rs. 719 Cr
PAT came at Rs. 3000.7 Cr vs expectation of Rs. 2605.1 Cr, YoY Rs. 3051.5 Cr, QoQ Rs. 3179.8 Cr
O/s Loan Book came at Rs. 574136 Cr vs YoY Rs. 531555 Cr, QoQ Rs. 569894 Cr
Gross NPA (%) came at 2.24% vs QoQ 1.98%
Net NPA (%) came at 1.01% vs QoQ 0.96%
*The overall collection efficiency ratio for individual loans has improved during the month of June 21 to pre-COVID levels. The collection efficiency for individual loans on a cumulative basis in June 2021 stood at 98.3% compared to 98.0% in March 2021*
Quarter EPS is Rs. 16.6
Share is trading at P/E of 28.7x FY23E EPS & 3.9x trailing P/BV
*Varun Beverages Ltd.* | *CMP* Rs. 805 | *M Cap* Rs. 34859 Cr | *52 W H/L* 919/430
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 2483 Cr (10.8% QoQ, 51.4% YoY) vs expectation of Rs. 2212.7 Cr, QoQ Rs. 2240.9 Cr, YoY Rs. 1640.2 Cr
EBIDTA came at Rs. 570.8 Cr (49.6% QoQ, 51.1% YoY) vs expectation of Rs. 511.2 Cr, QoQ Rs. 381.6 Cr, YoY Rs. 377.7 Cr
EBITDA Margin came at 23% vs expectation of 23.1%, QoQ 17%, YoY 23%
Adj. PAT came at Rs. 308.2 Cr vs expectation of Rs. 236.6 Cr, QoQ Rs. 129.3 Cr, YoY Rs. 140.8 Cr
Quarter EPS is Rs. 7.1
Share is trading at P/E of 37.2x FY22E EPS
*Cholamandalam Q1FY22 Concall Update*
(Nirmal Bang Securities)

*Deterioration in asset quality is transient; expect improvement from next qtr*

*Outlook: Positive in long term*

• The result is below expectations on account of deterioration in asset quality as many Southern & Eastern states were under lockdowns in June which impacted collections as well as disbursements.
• Provision came at Rs. 552 Cr (2.9%) vs expectation of Rs. 379 Cr (2.0%), YoY Rs. 56 Cr (0.3%), QoQ Rs. 504 Cr (2.6%)
• GNPA came at 6.79% vs QoQ 3.96%. 80% customers of GNPA customers are honouring July months dues.
• Restructured book stands at 5.44%. Almost 60% of customers have paid last 2 installments.
• Contingent provisions are at Rs. 700 Cr (0.9%).
• Co is aiming to restrict credit cost to below that of last year (i.e. 1.7%).
• NCR and TN are the biggest business areas for the co.
• AUM came at Rs. 75763 Cr (+7% YoY, -1% QoQ).
• Disbursement came at Rs. 3635 Cr vs YoY Rs. 3589 Cr, QoQ Rs. 8071 Cr. Co is confident of growing its disbursements at 10-15% higher than industry growth. Also MHCV industry growth trends for the month of July are healthy.
• Liquidity is at Rs. 16,400 Cr.

Stock is trading at P/E of 15x FY23E EPS & 4x trailing P/BV
*Britannia – Q1FY22 Concall Update – Nirmal Bang Sec.*
*Outlook – Positive*

The stock is trading at 39.8x FY23E consensus earnings

• Continue to gain market share
• This time Rural was hit badly
• Crude oil prices have moved up though palm oil has started correcting
• As a company, were cautious in price increases but aggressive on cost efficiencies, hemce improved profitability despite the inflationary pressures (of around 6-7% + 1-2% on account of higher fuel cost)
• *Will continue to drive cost efficiencies & take judicious price increases, to manage profitability*
• Nepal continues to grow in double digit – 26% yoy
• Milk collection is 50k a day now, 2x of last year
• 90% there on field in terms of marketing
• Prices hikes have already been negated by inflation
• Have already applied under PLI scheme