*TVS Motor July 2021 Sales – In line with expectation*
(Nirmal Bang Retail Research)
Total Sales (2W+3W) came at 278855 units vs expectation of 284350 units, YoY 252744 units (10%) and MoM 251886 units (11%)
(Nirmal Bang Retail Research)
Total Sales (2W+3W) came at 278855 units vs expectation of 284350 units, YoY 252744 units (10%) and MoM 251886 units (11%)
*Carborundum Universal Ltd.* | *CMP* Rs. 717 | *M Cap* Rs. 13595 Cr | *52 W H/L* 717/232
(Nirmal Bang Retail Research)
*Result inline with Expectation*
Revenue from Operations came at Rs. 711.6 Cr (-5.9% QoQ, 58.3% YoY) vs expectation of Rs. 731.5 Cr, QoQ Rs. 756.6 Cr, YoY Rs. 449.6 Cr
EBIDTA came at Rs. 118.2 Cr (-25.4% QoQ, 172.5% YoY) vs expectation of Rs. 122.8 Cr, QoQ Rs. 158.5 Cr, YoY Rs. 43.4 Cr
EBITDA Margin came at 16.6% vs expectation of 16.8%, QoQ 20.9%, YoY 9.6%
Adj. PAT came at Rs. 77.1 Cr vs expectation of Rs. 78.6 Cr, QoQ Rs. 104.9 Cr, YoY Rs. 19.7 Cr
Quarter EPS is Rs. 4.1
Share is trading at P/E of 38.5x FY22E EPS
(Nirmal Bang Retail Research)
*Result inline with Expectation*
Revenue from Operations came at Rs. 711.6 Cr (-5.9% QoQ, 58.3% YoY) vs expectation of Rs. 731.5 Cr, QoQ Rs. 756.6 Cr, YoY Rs. 449.6 Cr
EBIDTA came at Rs. 118.2 Cr (-25.4% QoQ, 172.5% YoY) vs expectation of Rs. 122.8 Cr, QoQ Rs. 158.5 Cr, YoY Rs. 43.4 Cr
EBITDA Margin came at 16.6% vs expectation of 16.8%, QoQ 20.9%, YoY 9.6%
Adj. PAT came at Rs. 77.1 Cr vs expectation of Rs. 78.6 Cr, QoQ Rs. 104.9 Cr, YoY Rs. 19.7 Cr
Quarter EPS is Rs. 4.1
Share is trading at P/E of 38.5x FY22E EPS
*Atul Auto July 2021 Sales – continued to remain weak*
(Nirmal Bang Retail Research)
Sales came at 1305 vs YoY 1241 units (5%) and MoM 724 units (80%)
(Nirmal Bang Retail Research)
Sales came at 1305 vs YoY 1241 units (5%) and MoM 724 units (80%)
Daily Market Highlights | 2nd August 2021 📊
NIFTY50: ₹15,885.15 | +0.77%
Top Gainers 📈
TITAN: +3.58%
SHREECEM: +3.52%
BPCL: +3.05%
ADANIPORTS: +2.93%
EICHERMOT: +2.89%
Top Losers 📉
UPL: -2.25%
TATASTEEL: -1.49%
BAJAJFINSV: -0.62%
BAJFINANCE: -0.41%
TECHM: -0.29%
NIFTY50: ₹15,885.15 | +0.77%
Top Gainers 📈
TITAN: +3.58%
SHREECEM: +3.52%
BPCL: +3.05%
ADANIPORTS: +2.93%
EICHERMOT: +2.89%
Top Losers 📉
UPL: -2.25%
TATASTEEL: -1.49%
BAJAJFINSV: -0.62%
BAJFINANCE: -0.41%
TECHM: -0.29%