So, Ravana goes there and marries the girl according to the description of narada muni, assuming the girl to be real Parvati.
On reaching Lanka, when asked by his mother about atma linga, he understood the game played by Vishnu. Determined to obtain atma linga, he once again starts pleasing Lord Shiva. When the lord appeared before him, he asked for atma linga. Shiva gives him the atma linga on a condition that he should not keep the atma linga on ground before the destination as it will get rooted at the same spot and will never move. Once again, to fail the motives of Ravana, Vishnu created the illusion of dusk. As Ravana used to perform an evening ritual he got worried as how he will do it as he was having atma-linga in his hands.
Lord Ganesh, disguised as a brahmin boy, comes in front of him and Ravana requests him to hold the atma linga so that he can perform his rituals. Ganesh accepts the request but on a condition that he would call Ravana thrice and if he will not come back then he will place atma linga on ground. When, Ravana was gone to perform the rituals, Ganesh called out his name thrice rapidly at the specific moment when he could not leave the ceremony in between. So, according to the deal, Ganesh then place the atma linga on the ground and vanished from there with his cows. Ravana tried to chase them, but got hold of only one of the cow’s ear. The rest of the cow’s body disappeared and he was left only with ear in a petrified form. The name of that place hence came to be known as Gokarna (gow means cow in Sanskrit and karna means ear).
As specified by lord Shiva, the atma linga was now rooted in Gokarna and was immovable even though Ravana tried hard to lift it. He then gave the name Mahabaleshawar to the atma linga meaning “all powerful”.
The Mahabaleshwar temple is situated along in the west cost of India in north kannada district of north Karnataka, between Gangavalli and Aganashini rivers.
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Tulsi*
It is Useful to minimise Kidney stones & Gouty Arthritis: Tulsi detoxifies the body and has diuretic properties. It decreases the level of uric acid in the body, which is the main reason why kidney stones are formed. Reduction in uric acid levels also provides relief to patients suffering from Gout.
Regards
CH Nαʋҽҽɳ Kυɱαɾ...✒️
On reaching Lanka, when asked by his mother about atma linga, he understood the game played by Vishnu. Determined to obtain atma linga, he once again starts pleasing Lord Shiva. When the lord appeared before him, he asked for atma linga. Shiva gives him the atma linga on a condition that he should not keep the atma linga on ground before the destination as it will get rooted at the same spot and will never move. Once again, to fail the motives of Ravana, Vishnu created the illusion of dusk. As Ravana used to perform an evening ritual he got worried as how he will do it as he was having atma-linga in his hands.
Lord Ganesh, disguised as a brahmin boy, comes in front of him and Ravana requests him to hold the atma linga so that he can perform his rituals. Ganesh accepts the request but on a condition that he would call Ravana thrice and if he will not come back then he will place atma linga on ground. When, Ravana was gone to perform the rituals, Ganesh called out his name thrice rapidly at the specific moment when he could not leave the ceremony in between. So, according to the deal, Ganesh then place the atma linga on the ground and vanished from there with his cows. Ravana tried to chase them, but got hold of only one of the cow’s ear. The rest of the cow’s body disappeared and he was left only with ear in a petrified form. The name of that place hence came to be known as Gokarna (gow means cow in Sanskrit and karna means ear).
As specified by lord Shiva, the atma linga was now rooted in Gokarna and was immovable even though Ravana tried hard to lift it. He then gave the name Mahabaleshawar to the atma linga meaning “all powerful”.
The Mahabaleshwar temple is situated along in the west cost of India in north kannada district of north Karnataka, between Gangavalli and Aganashini rivers.
🧬 *HEALTH CARE: HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Tulsi*
It is Useful to minimise Kidney stones & Gouty Arthritis: Tulsi detoxifies the body and has diuretic properties. It decreases the level of uric acid in the body, which is the main reason why kidney stones are formed. Reduction in uric acid levels also provides relief to patients suffering from Gout.
Regards
CH Nαʋҽҽɳ Kυɱαɾ...✒️
*Tata Chemicals Ltd.* | *CMP* Rs. 770 | *M Cap* Rs. 19616 Cr | *52 W H/L* 834/273
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 2977.2 Cr (12.9% QoQ, 26.8% YoY) vs expectation of Rs. 2818.8 Cr, QoQ Rs. 2636.2 Cr, YoY Rs. 2348.2 Cr
EBIDTA came at Rs. 601.2 Cr (112.7% QoQ, 67.1% YoY) vs expectation of Rs. 464.4 Cr, QoQ Rs. 282.7 Cr, YoY Rs. 359.8 Cr
EBITDA Margin came at 20.2% vs expectation of 16.5%, QoQ 10.7%, YoY 15.3%
Adj. PAT came at Rs. 288 Cr vs expectation of Rs. 135.7 Cr, QoQ Rs. 11.8 Cr, YoY Rs. 13.3 Cr
Quarter EPS is Rs. 11.3
Share is trading at P/E of 25.8x FY22E EPS
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 2977.2 Cr (12.9% QoQ, 26.8% YoY) vs expectation of Rs. 2818.8 Cr, QoQ Rs. 2636.2 Cr, YoY Rs. 2348.2 Cr
EBIDTA came at Rs. 601.2 Cr (112.7% QoQ, 67.1% YoY) vs expectation of Rs. 464.4 Cr, QoQ Rs. 282.7 Cr, YoY Rs. 359.8 Cr
EBITDA Margin came at 20.2% vs expectation of 16.5%, QoQ 10.7%, YoY 15.3%
Adj. PAT came at Rs. 288 Cr vs expectation of Rs. 135.7 Cr, QoQ Rs. 11.8 Cr, YoY Rs. 13.3 Cr
Quarter EPS is Rs. 11.3
Share is trading at P/E of 25.8x FY22E EPS
*Thermax Ltd.* | *CMP* Rs. 1383 | *M Cap* Rs. 16476 Cr | *52 W H/L* 1570/706
(Nirmal Bang Retail Research)
*Result is below expectation*
Revenue from Operations came at Rs. 1052.4 Cr (-33.2% QoQ, 58.3% YoY) vs expectation of Rs. 1157.3 Cr, QoQ Rs. 1574.5 Cr, YoY Rs. 664.9 Cr
EBIDTA came at Rs. 63 Cr (-54.9% QoQ, -653.5% YoY) vs expectation of Rs. 90.5 Cr, QoQ Rs. 139.7 Cr, YoY Rs. -11.4 Cr
EBITDA Margin came at 6% vs expectation of 7.8%, QoQ 8.9%, YoY -1.7%
Adj. PAT came at Rs. 42.4 Cr vs expectation of Rs. 72.9 Cr, QoQ Rs. 107.4 Cr, YoY Rs. -15.3 Cr
Quarter EPS is Rs. 3.6
Share is trading at P/E of 44.4x FY22E EPS
(Nirmal Bang Retail Research)
*Result is below expectation*
Revenue from Operations came at Rs. 1052.4 Cr (-33.2% QoQ, 58.3% YoY) vs expectation of Rs. 1157.3 Cr, QoQ Rs. 1574.5 Cr, YoY Rs. 664.9 Cr
EBIDTA came at Rs. 63 Cr (-54.9% QoQ, -653.5% YoY) vs expectation of Rs. 90.5 Cr, QoQ Rs. 139.7 Cr, YoY Rs. -11.4 Cr
EBITDA Margin came at 6% vs expectation of 7.8%, QoQ 8.9%, YoY -1.7%
Adj. PAT came at Rs. 42.4 Cr vs expectation of Rs. 72.9 Cr, QoQ Rs. 107.4 Cr, YoY Rs. -15.3 Cr
Quarter EPS is Rs. 3.6
Share is trading at P/E of 44.4x FY22E EPS
*Quess Corp Ltd.* | *CMP* Rs. 852 | *M Cap* Rs. 12582 Cr | *52 W H/L* 888/336
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 2986.9 Cr (-0.6% QoQ, 24% YoY) vs expectation of Rs. 2906.8 Cr, QoQ Rs. 3004.5 Cr, YoY Rs. 2409.4 Cr
EBIDTA came at Rs. 146.7 Cr (287.7% QoQ, 13.1% YoY) vs expectation of Rs. 153 Cr, QoQ Rs. 37.8 Cr, YoY Rs. 129.7 Cr
EBITDA Margin came at 4.9% vs expectation of 5.3%, QoQ 1.3%, YoY 5.4%
Adj. PAT came at Rs. 44.6 Cr vs expectation of Rs. 59.4 Cr, QoQ Rs. -63.3 Cr, YoY Rs. 8.7 Cr
Quarter EPS is Rs. 3
Share is trading at P/E of 32.9x FY22E EPS
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 2986.9 Cr (-0.6% QoQ, 24% YoY) vs expectation of Rs. 2906.8 Cr, QoQ Rs. 3004.5 Cr, YoY Rs. 2409.4 Cr
EBIDTA came at Rs. 146.7 Cr (287.7% QoQ, 13.1% YoY) vs expectation of Rs. 153 Cr, QoQ Rs. 37.8 Cr, YoY Rs. 129.7 Cr
EBITDA Margin came at 4.9% vs expectation of 5.3%, QoQ 1.3%, YoY 5.4%
Adj. PAT came at Rs. 44.6 Cr vs expectation of Rs. 59.4 Cr, QoQ Rs. -63.3 Cr, YoY Rs. 8.7 Cr
Quarter EPS is Rs. 3
Share is trading at P/E of 32.9x FY22E EPS
*Prince Pipes and Fittings Ltd.* | *CMP* Rs. 652 | *M Cap* Rs. 7169 Cr | *52 W H/L* 795/105
(Nirmal Bang Retail Research)
*Result below Expectation*
Revenue from Operations came at Rs. 330.6 Cr (-56.6% QoQ, 9.3% YoY) vs expectation of Rs. 460.4 Cr, QoQ Rs. 761.4 Cr, YoY Rs. 302.5 Cr
EBIDTA came at Rs. 41.2 Cr (-71.9% QoQ, 30.4% YoY) vs expectation of Rs. 55.8 Cr, QoQ Rs. 146.8 Cr, YoY Rs. 31.6 Cr
EBITDA Margin came at 12.5% vs expectation of 12.1%, QoQ 19.3%, YoY 10.5%
Adj. PAT came at Rs. 17.8 Cr vs expectation of Rs. 32.7 Cr, QoQ Rs. 97.2 Cr, YoY Rs. 11.3 Cr
Quarter EPS is Rs. 1.6
Share is trading at P/E of 35.3x FY22E EPS
(Nirmal Bang Retail Research)
*Result below Expectation*
Revenue from Operations came at Rs. 330.6 Cr (-56.6% QoQ, 9.3% YoY) vs expectation of Rs. 460.4 Cr, QoQ Rs. 761.4 Cr, YoY Rs. 302.5 Cr
EBIDTA came at Rs. 41.2 Cr (-71.9% QoQ, 30.4% YoY) vs expectation of Rs. 55.8 Cr, QoQ Rs. 146.8 Cr, YoY Rs. 31.6 Cr
EBITDA Margin came at 12.5% vs expectation of 12.1%, QoQ 19.3%, YoY 10.5%
Adj. PAT came at Rs. 17.8 Cr vs expectation of Rs. 32.7 Cr, QoQ Rs. 97.2 Cr, YoY Rs. 11.3 Cr
Quarter EPS is Rs. 1.6
Share is trading at P/E of 35.3x FY22E EPS
*Good Morning*
• India’s rate-setting panel headed by RBI Governor Shaktikanta Das may leave the benchmark repurchase rate unchanged at 4%, according to a Bloomberg survey
o Indian Rates Anchored at Lows Despite Inflation: Decision Guide
• India Plans to Scrap Tax Rule to End Cairn, Vodafone Spats
o Bill seen putting to rest uncertainty around tax on firms
• U.S. Crude Exports to India Doubled in June to Make It Top Buyer
• Reliance BP Mobility to Partner Swiggy to Test Battery-Run Bikes
• Indiabulls Housing to Create Reserve Fund for USD Bond Repayment
• SoftBank Funding Turns India Startup Mindtickle Into Unicorn
o SoftBank led a $100m funding round in the SaaS firm
• Global Funds Sell Net INR7.2B of India Stocks Thursday: NSE
o Domestic funds sell net 7.32b rupees of stocks,
• Foreign Investors Buy Net INR34.7B of Indian Equities on Aug. 4
• Foreigners Sell Net INR2.54B Indian Equity Derivatives Thursday
• India’s Sensex Advances to Fresh Record After Volatile Session
• 10am: RBI Bi-monthly Monetary Policy Statement for 2021-22
o RBI Benchmark Repurchase Rate, Est. 4.00% (prior 4.00%)
o RBI Reverse- Repo Rate Est. 3.35% (prior 3.35%)
o RBI Cash Reserve Ratio Est. 4.00% (prior 4.00%)
• RBI to release weekly FX, bank credit data
• Adani Power (ADANI): 1Q net income 2.78b rupees vs. loss 6.82b y/y
• Aditya Birla Capital (ABCAP): 1Q net income +53% y/y to 3.02b rupees; revenue +6.7% y/y to 43b
• Bajaj Consumer (BAJAJCON): 1Q net income -9.8% y/y to 488.7m rupees, misses est. 557.4m
• Cipla (CIPLA): 1Q net income +24% y/y to 7.14b rupees, beats est. 6.41b; revenue +26% y/y to 55b
• Honeywell Automation (HWA): 1Q net income -6.7% y/y to 915.3m rupees, misses est. 1.18b
• Indiabulls Housing (IHFL): 1Q net income +3.3% y/y to 2.82b rupees; Revenue -10% to 23.2b
• Gujarat Gas (GUJGA): 1Q net income 4.76b rupees vs. 586.6m y/y, beats est. 3.46b
• Maruti Suzuki India (MSIL): July production 170,719 units vs 107,687 y/y
• Panacea Biotec (PNCB): Pact for makingup to 25m doses of Sputnik V
• Quess Corp (QUESS): 1Q net income +37% y/y to 461.9m rupees, misses est. 594.3m
• Tata Chemicals (TTCH): 1Q net income 2.88b rupees vs. 132.8m y/y, est. 1.36b
• Thermax (TMX): 1Q net income 424m rupees vs. loss 152.7m y/y, misses est. 729.3m; revenue +58% y/y to 10.5b
• India’s rate-setting panel headed by RBI Governor Shaktikanta Das may leave the benchmark repurchase rate unchanged at 4%, according to a Bloomberg survey
o Indian Rates Anchored at Lows Despite Inflation: Decision Guide
• India Plans to Scrap Tax Rule to End Cairn, Vodafone Spats
o Bill seen putting to rest uncertainty around tax on firms
• U.S. Crude Exports to India Doubled in June to Make It Top Buyer
• Reliance BP Mobility to Partner Swiggy to Test Battery-Run Bikes
• Indiabulls Housing to Create Reserve Fund for USD Bond Repayment
• SoftBank Funding Turns India Startup Mindtickle Into Unicorn
o SoftBank led a $100m funding round in the SaaS firm
• Global Funds Sell Net INR7.2B of India Stocks Thursday: NSE
o Domestic funds sell net 7.32b rupees of stocks,
• Foreign Investors Buy Net INR34.7B of Indian Equities on Aug. 4
• Foreigners Sell Net INR2.54B Indian Equity Derivatives Thursday
• India’s Sensex Advances to Fresh Record After Volatile Session
• 10am: RBI Bi-monthly Monetary Policy Statement for 2021-22
o RBI Benchmark Repurchase Rate, Est. 4.00% (prior 4.00%)
o RBI Reverse- Repo Rate Est. 3.35% (prior 3.35%)
o RBI Cash Reserve Ratio Est. 4.00% (prior 4.00%)
• RBI to release weekly FX, bank credit data
• Adani Power (ADANI): 1Q net income 2.78b rupees vs. loss 6.82b y/y
• Aditya Birla Capital (ABCAP): 1Q net income +53% y/y to 3.02b rupees; revenue +6.7% y/y to 43b
• Bajaj Consumer (BAJAJCON): 1Q net income -9.8% y/y to 488.7m rupees, misses est. 557.4m
• Cipla (CIPLA): 1Q net income +24% y/y to 7.14b rupees, beats est. 6.41b; revenue +26% y/y to 55b
• Honeywell Automation (HWA): 1Q net income -6.7% y/y to 915.3m rupees, misses est. 1.18b
• Indiabulls Housing (IHFL): 1Q net income +3.3% y/y to 2.82b rupees; Revenue -10% to 23.2b
• Gujarat Gas (GUJGA): 1Q net income 4.76b rupees vs. 586.6m y/y, beats est. 3.46b
• Maruti Suzuki India (MSIL): July production 170,719 units vs 107,687 y/y
• Panacea Biotec (PNCB): Pact for makingup to 25m doses of Sputnik V
• Quess Corp (QUESS): 1Q net income +37% y/y to 461.9m rupees, misses est. 594.3m
• Tata Chemicals (TTCH): 1Q net income 2.88b rupees vs. 132.8m y/y, est. 1.36b
• Thermax (TMX): 1Q net income 424m rupees vs. loss 152.7m y/y, misses est. 729.3m; revenue +58% y/y to 10.5b
*Ador Welding Ltd.* | *CMP* Rs. 712 | *M Cap* Rs. 968 Cr | *52 W H/L* 808/235
(Nirmal Bang Retail Research)
*Result is ok*
Revenue from Operations came at Rs. 127.9 Cr (-20.9% QoQ, 132.9% YoY) vs QoQ Rs. 161.7 Cr, YoY Rs. 54.9 Cr
EBIDTA came at Rs. 11.1 Cr (-28.7% QoQ, 336.1% YoY) vs QoQ Rs. 15.6 Cr, YoY Rs. 2.6 Cr
EBITDA Margin came at 8.7% vs QoQ 9.6%, YoY 4.6%
Adj. PAT came at Rs. 6.8 Cr vs QoQ Rs. 16 Cr, YoY Rs. 0.3 Cr
Quarter EPS is Rs. 5
Share is trading at P/E of 47.2x TTM EPS
(Nirmal Bang Retail Research)
*Result is ok*
Revenue from Operations came at Rs. 127.9 Cr (-20.9% QoQ, 132.9% YoY) vs QoQ Rs. 161.7 Cr, YoY Rs. 54.9 Cr
EBIDTA came at Rs. 11.1 Cr (-28.7% QoQ, 336.1% YoY) vs QoQ Rs. 15.6 Cr, YoY Rs. 2.6 Cr
EBITDA Margin came at 8.7% vs QoQ 9.6%, YoY 4.6%
Adj. PAT came at Rs. 6.8 Cr vs QoQ Rs. 16 Cr, YoY Rs. 0.3 Cr
Quarter EPS is Rs. 5
Share is trading at P/E of 47.2x TTM EPS
*Adani Power Ltd.* | *CMP* Rs. 89 | *M Cap* Rs. 34230 Cr | *52 W H/L* 167/35
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 6568.9 Cr (3.1% QoQ, 26.2% YoY) vs QoQ Rs. 6373.6 Cr, YoY Rs. 5203.8 Cr
EBIDTA came at Rs. 1648 Cr (2.1% QoQ, 18.7% YoY) vs QoQ Rs. 1614.3 Cr, YoY Rs. 1388.5 Cr
EBITDA Margin came at 25.1% vs QoQ 25.3%, YoY 26.7%
Adj. PAT came at Rs. 278.2 Cr vs QoQ Rs. 13.1 Cr, YoY Rs. -682.5 Cr
Quarter EPS is Rs. 0.7
Share is trading at P/E of 15.4x TTM EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 6568.9 Cr (3.1% QoQ, 26.2% YoY) vs QoQ Rs. 6373.6 Cr, YoY Rs. 5203.8 Cr
EBIDTA came at Rs. 1648 Cr (2.1% QoQ, 18.7% YoY) vs QoQ Rs. 1614.3 Cr, YoY Rs. 1388.5 Cr
EBITDA Margin came at 25.1% vs QoQ 25.3%, YoY 26.7%
Adj. PAT came at Rs. 278.2 Cr vs QoQ Rs. 13.1 Cr, YoY Rs. -682.5 Cr
Quarter EPS is Rs. 0.7
Share is trading at P/E of 15.4x TTM EPS
Cipla beats Street Estimates
PAT of 714cr after one time write-off of 124cr
Adj PAT works out to be 805cr
https://m.economictimes.com/markets/stocks/earnings/cipla-q1-results-consolidated-pat-rises-24-yoy-beats-estimate-sales-jump-27/articleshow/85070924.cms
PAT of 714cr after one time write-off of 124cr
Adj PAT works out to be 805cr
https://m.economictimes.com/markets/stocks/earnings/cipla-q1-results-consolidated-pat-rises-24-yoy-beats-estimate-sales-jump-27/articleshow/85070924.cms
The Economic Times
Cipla Q1 results: Consolidated PAT rises 24% YoY, beats estimate; sales jump 27%
The pharmaceutical major reported a 27 per cent rise in income from operations to Rs. 5,504 crore for the quarter ended June, which was also sharply higher than analysts expectations.
Interesting take on EV…
https://indianexpress.com/article/opinion/columns/why-switching-to-electric-vehicles-is-fiscally-imprudent-7438814/lite/
https://indianexpress.com/article/opinion/columns/why-switching-to-electric-vehicles-is-fiscally-imprudent-7438814/lite/
The Indian Express
Why switching to electric vehicles is fiscally imprudent
Prem Shankar Jha writes: It would mean subsidising a small affluent section of the car-owning population, when there are better alternatives to fossil fuels available
Voda Idea CEO Ravinder Takkar assures employees about telco's future
https://economictimes.indiatimes.com/industry/telecom/telecom-news/voda-idea-ceo-ravinder-takkar-assures-employees-about-telcos-future/articleshow/85066398.cms
Download Economic Times App to stay updated with Business News - https://etapp.onelink.me/tOvY/135dde21
https://economictimes.indiatimes.com/industry/telecom/telecom-news/voda-idea-ceo-ravinder-takkar-assures-employees-about-telcos-future/articleshow/85066398.cms
Download Economic Times App to stay updated with Business News - https://etapp.onelink.me/tOvY/135dde21
The Economic Times
Voda Idea CEO Ravinder Takkar assures employees about telco's future
Takkar's letter will be the first time that CEO has addressed about 9500 employees of the telco since Birla's letter to the government, news of promoters not infusing any new equity became public.
Securities in Ban For Trade Date 06-August 2021:
Canbank
IBULLHGFIN
RBLBANK
SUNTV
*Added - RBLBANK*
*Deleted-No*
Canbank
IBULLHGFIN
RBLBANK
SUNTV
*Added - RBLBANK*
*Deleted-No*
*Circuit Revision.:*
5% to 20%
#Edelweiss
#KIRLOSIND
#VENUSREM
10% to 20%
#APEX
#BARBEQUE
#DOLAT
#EASEMYTRIP
#EMKAY
#GMBREW
#JAICORP
#5PAISA
#Vakrangee
5% to 20%
#Edelweiss
#KIRLOSIND
#VENUSREM
10% to 20%
#APEX
#BARBEQUE
#DOLAT
#EASEMYTRIP
#EMKAY
#GMBREW
#JAICORP
#5PAISA
#Vakrangee