Market Wizard
Mid Term Bumper Call Buy Kuantum Papers at CMP of 71.5 - 72.4 and dips till 68 Sl 66 Targets:- 74.5 - 76 - 77 - 78.3 - 79.4 - 81 - 82+ Above that we can see 86 - 90+ Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing
KUANTUM PAPERS 99.7❤️
NEW 52 WEEK HIGH
NEW 52 WEEK HIGH
Market Wizard
SHORT TERM CALL BUY RDBRIL (BSE - 533285) AT CMP OF 37.5 - 38.5 AND DIPS TILL 35 SL 33 TARGETS:- 40 - 41 - 42 - 43.5 - 45+ ABOVE 45 WE CAN SEE 48 - 52 - 55+ DISCLAIMER:- I AM NOT SEBI REGISTERED. PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
RDBRIL 41.55❤️❤️
UC LOCKED🔐🔐
POWER OF MARKET WIZARD CONVICTION🚀🚀✅
UC LOCKED🔐🔐
POWER OF MARKET WIZARD CONVICTION🚀🚀✅
*MRF LTD.* | *CMP* Rs. 79601 | *M Cap* Rs. 33760 Cr | *52 W H/L* 98600/55300
(Nirmal Bang Retail Research)
*Result ahead of Expectation* Gross margin QoQ declined by 60bps vs Ceat 310 bps Apollo 230 bps
Revenue from Operations came at Rs. 4127.7 Cr (-12.9% QoQ, 69.8% YoY) vs expectation of Rs. 4015.8 Cr, QoQ Rs. 4737.7 Cr, YoY Rs. 2430.6 Cr
EBIDTA came at Rs. 487.2 Cr (-34.7% QoQ, 47% YoY) vs expectation of Rs. 508.4 Cr, QoQ Rs. 745.6 Cr, YoY Rs. 331.5 Cr
EBITDA Margin came at 11.8% vs expectation of 12.7%, QoQ 15.7%, YoY 13.6%
Adj. PAT came at Rs. 161.3 Cr vs expectation of Rs. 150.9 Cr, QoQ Rs. 317.3 Cr, YoY Rs. 17.1 Cr
Quarter EPS is Rs. 380.4
Share is trading at P/E of 24x FY22E EPS
(Nirmal Bang Retail Research)
*Result ahead of Expectation* Gross margin QoQ declined by 60bps vs Ceat 310 bps Apollo 230 bps
Revenue from Operations came at Rs. 4127.7 Cr (-12.9% QoQ, 69.8% YoY) vs expectation of Rs. 4015.8 Cr, QoQ Rs. 4737.7 Cr, YoY Rs. 2430.6 Cr
EBIDTA came at Rs. 487.2 Cr (-34.7% QoQ, 47% YoY) vs expectation of Rs. 508.4 Cr, QoQ Rs. 745.6 Cr, YoY Rs. 331.5 Cr
EBITDA Margin came at 11.8% vs expectation of 12.7%, QoQ 15.7%, YoY 13.6%
Adj. PAT came at Rs. 161.3 Cr vs expectation of Rs. 150.9 Cr, QoQ Rs. 317.3 Cr, YoY Rs. 17.1 Cr
Quarter EPS is Rs. 380.4
Share is trading at P/E of 24x FY22E EPS
Dear All,
Nirmal Bang is inviting you to a Zoom webinar.
When: Aug 10, 2021 08:45 AM India
Topic: Morning Market Update
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_kpNYwIbPSP-LovR2Scf_Og
After registering, you will receive a confirmation email containing information about joining the webinar.
Nirmal Bang is inviting you to a Zoom webinar.
When: Aug 10, 2021 08:45 AM India
Topic: Morning Market Update
Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_kpNYwIbPSP-LovR2Scf_Og
After registering, you will receive a confirmation email containing information about joining the webinar.
Zoom Video Communications
Welcome! You are invited to join a webinar: Morning Market Update. After registering, you will receive a confirmation email about…
*VENKY'S (INDIA) LTD.* | *CMP* Rs. 2852 | *M Cap* Rs. 4018 Cr | *52 W H/L* 3955/1030
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 1084.7 Cr (15.2% QoQ, 100.3% YoY) vs QoQ Rs. 941.4 Cr, YoY Rs. 541.5 Cr
EBIDTA came at Rs. 79.1 Cr (-28.8% QoQ, 9.8% YoY) vs QoQ Rs. 111.2 Cr, YoY Rs. 72 Cr
EBITDA Margin came at 7.3% vs QoQ 11.8%, YoY 13.3%
Adj. PAT came at Rs. 55.1 Cr vs QoQ Rs. 77.9 Cr, YoY Rs. 47 Cr
Quarter EPS is Rs. 39.1
Share is trading at P/E of 14.6x TTM EPS
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 1084.7 Cr (15.2% QoQ, 100.3% YoY) vs QoQ Rs. 941.4 Cr, YoY Rs. 541.5 Cr
EBIDTA came at Rs. 79.1 Cr (-28.8% QoQ, 9.8% YoY) vs QoQ Rs. 111.2 Cr, YoY Rs. 72 Cr
EBITDA Margin came at 7.3% vs QoQ 11.8%, YoY 13.3%
Adj. PAT came at Rs. 55.1 Cr vs QoQ Rs. 77.9 Cr, YoY Rs. 47 Cr
Quarter EPS is Rs. 39.1
Share is trading at P/E of 14.6x TTM EPS
*Chemcon Speciality Chemicals Ltd.* | *CMP* Rs. 518 | *M Cap* Rs. 1897 Cr | *52 W H/L* 744/398
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 57.2 Cr (-20% QoQ, 25.3% YoY) vs QoQ Rs. 71.5 Cr, YoY Rs. 45.7 Cr
EBIDTA came at Rs. 17.9 Cr (-14.2% QoQ, 28.1% YoY) vs QoQ Rs. 20.8 Cr, YoY Rs. 13.9 Cr
EBITDA Margin came at 31.2% vs QoQ 29.1%, YoY 30.5%
Adj. PAT came at Rs. 13.4 Cr vs QoQ Rs. 15.5 Cr, YoY Rs. 8.8 Cr
Quarter EPS is Rs. 3.7
Share is trading at P/E of 31.1x TTM EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 57.2 Cr (-20% QoQ, 25.3% YoY) vs QoQ Rs. 71.5 Cr, YoY Rs. 45.7 Cr
EBIDTA came at Rs. 17.9 Cr (-14.2% QoQ, 28.1% YoY) vs QoQ Rs. 20.8 Cr, YoY Rs. 13.9 Cr
EBITDA Margin came at 31.2% vs QoQ 29.1%, YoY 30.5%
Adj. PAT came at Rs. 13.4 Cr vs QoQ Rs. 15.5 Cr, YoY Rs. 8.8 Cr
Quarter EPS is Rs. 3.7
Share is trading at P/E of 31.1x TTM EPS
*Shankara Building Products Ltd.* | *CMP* Rs. 602 | *M Cap* Rs. 1375 Cr | *52 W H/L* 684/280
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 445.5 Cr (-30.6% QoQ, 28.7% YoY) vs QoQ Rs. 642.3 Cr, YoY Rs. 346.1 Cr
EBIDTA came at Rs. 18.4 Cr (-30.5% QoQ, -278.8% YoY) vs QoQ Rs. 26.5 Cr, YoY Rs. -10.3 Cr
EBITDA Margin came at 4.1% vs QoQ 4.1%, YoY -3%
Adj. PAT came at Rs. 6.3 Cr vs QoQ Rs. 11.1 Cr, YoY Rs. -25.3 Cr
Quarter EPS is Rs. 2.7
Share is trading at EV/EBITDA of 11.45 FY23E EBITDA
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 445.5 Cr (-30.6% QoQ, 28.7% YoY) vs QoQ Rs. 642.3 Cr, YoY Rs. 346.1 Cr
EBIDTA came at Rs. 18.4 Cr (-30.5% QoQ, -278.8% YoY) vs QoQ Rs. 26.5 Cr, YoY Rs. -10.3 Cr
EBITDA Margin came at 4.1% vs QoQ 4.1%, YoY -3%
Adj. PAT came at Rs. 6.3 Cr vs QoQ Rs. 11.1 Cr, YoY Rs. -25.3 Cr
Quarter EPS is Rs. 2.7
Share is trading at EV/EBITDA of 11.45 FY23E EBITDA
*ASTRAZENECA PHARMA INDIA LTD.* | *CMP* Rs. 3242 | *M Cap* Rs. 8105 Cr | *52 W H/L* 4970/3000
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 175.4 Cr (-16.6% QoQ, -9.4% YoY) vs QoQ Rs. 210.3 Cr, YoY Rs. 193.6 Cr
EBIDTA came at Rs. 15.6 Cr (-61.3% QoQ, -45.3% YoY) vs QoQ Rs. 40.4 Cr, YoY Rs. 28.6 Cr
EBITDA Margin came at 8.9% vs QoQ 19.2%, YoY 14.8%
Adj. PAT came at Rs. 10.2 Cr vs QoQ Rs. 27.3 Cr, YoY Rs. 18.6 Cr
Quarter EPS is Rs. 4.1
Share is trading at P/E of 95.5x TTM EPS
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 175.4 Cr (-16.6% QoQ, -9.4% YoY) vs QoQ Rs. 210.3 Cr, YoY Rs. 193.6 Cr
EBIDTA came at Rs. 15.6 Cr (-61.3% QoQ, -45.3% YoY) vs QoQ Rs. 40.4 Cr, YoY Rs. 28.6 Cr
EBITDA Margin came at 8.9% vs QoQ 19.2%, YoY 14.8%
Adj. PAT came at Rs. 10.2 Cr vs QoQ Rs. 27.3 Cr, YoY Rs. 18.6 Cr
Quarter EPS is Rs. 4.1
Share is trading at P/E of 95.5x TTM EPS
*Gold and Silver VIEW*
*Gold and silver though recovered from the low of $ 1,677 and $ 22.295 respectively per ounce but still the bullion is facing pressure from the higher levels and sell on rise in intra-day trading levels is advised. Price may continue to remain under pressure for sometime.*
Gold recovered from a flash crash that saw prices drop $60 in minutes on bets the Federal Reserve may soon start paring back its massive monetary stimulus.
*Spot bullion fell more than 4% and silver slumped as much as 7% as the selloff following* Friday’s better-than-expected employment figures initially accelerated at the start of Asian trading. Both markets swiftly pared losses, and were down less than 2% by midday in Singapore.
*Gold’s been losing ground on investor concern that an improving economy and rising inflation will spur the Fed to pull back on its unprecedented support.*
American employers added the most jobs in nearly a year in July and the unemployment rate declined faster than forecast.
Dallas Fed President Robert Kaplan’s comments that *the central bank should start tapering its asset purchases sooner rather than later, and in a gradual manner, further fanned expectations that stimulus will be reined in.*
*Gold and silver though recovered from the low of $ 1,677 and $ 22.295 respectively per ounce but still the bullion is facing pressure from the higher levels and sell on rise in intra-day trading levels is advised. Price may continue to remain under pressure for sometime.*
Gold recovered from a flash crash that saw prices drop $60 in minutes on bets the Federal Reserve may soon start paring back its massive monetary stimulus.
*Spot bullion fell more than 4% and silver slumped as much as 7% as the selloff following* Friday’s better-than-expected employment figures initially accelerated at the start of Asian trading. Both markets swiftly pared losses, and were down less than 2% by midday in Singapore.
*Gold’s been losing ground on investor concern that an improving economy and rising inflation will spur the Fed to pull back on its unprecedented support.*
American employers added the most jobs in nearly a year in July and the unemployment rate declined faster than forecast.
Dallas Fed President Robert Kaplan’s comments that *the central bank should start tapering its asset purchases sooner rather than later, and in a gradual manner, further fanned expectations that stimulus will be reined in.*
*Clean Science and Technology Ltd.* | *CMP* Rs. 1648 | *M Cap* Rs. 17505 Cr | *52 W H/L* 1784/1555
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 146.3 Cr (9.3% QoQ, 29.6% YoY) vs QoQ Rs. 133.9 Cr, YoY Rs. 112.9 Cr
EBIDTA came at Rs. 71.3 Cr (1.8% QoQ, 27.1% YoY) vs QoQ Rs. 70.1 Cr, YoY Rs. 56.1 Cr
EBITDA Margin came at 48.8% vs QoQ 52.4%, YoY 49.7%
Adj. PAT came at Rs. 54.6 Cr vs QoQ Rs. 53.1 Cr, YoY Rs. 41.9 Cr
Quarter EPS is Rs. 5.1
Share is trading at P/E of 88x TTM EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 146.3 Cr (9.3% QoQ, 29.6% YoY) vs QoQ Rs. 133.9 Cr, YoY Rs. 112.9 Cr
EBIDTA came at Rs. 71.3 Cr (1.8% QoQ, 27.1% YoY) vs QoQ Rs. 70.1 Cr, YoY Rs. 56.1 Cr
EBITDA Margin came at 48.8% vs QoQ 52.4%, YoY 49.7%
Adj. PAT came at Rs. 54.6 Cr vs QoQ Rs. 53.1 Cr, YoY Rs. 41.9 Cr
Quarter EPS is Rs. 5.1
Share is trading at P/E of 88x TTM EPS
*SUBEX LTD.* | *CMP* Rs. 57 | *M Cap* Rs. 3189 Cr | *52 W H/L* 74/8
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 80.6 Cr (-16.2% QoQ, -9.1% YoY) vs QoQ Rs. 96.2 Cr, YoY Rs. 88.7 Cr
EBIDTA came at Rs. 16.2 Cr (-37.8% QoQ, -41.5% YoY) vs QoQ Rs. 26.1 Cr, YoY Rs. 27.7 Cr
EBITDA Margin came at 20.1% vs QoQ 27.1%, YoY 31.2%
Adj. PAT came at Rs. 13.5 Cr vs QoQ Rs. 15.6 Cr, YoY Rs. 15.2 Cr
Quarter EPS is Rs. 0.2
Share is trading at P/E of 67.6x TTM EPS
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 80.6 Cr (-16.2% QoQ, -9.1% YoY) vs QoQ Rs. 96.2 Cr, YoY Rs. 88.7 Cr
EBIDTA came at Rs. 16.2 Cr (-37.8% QoQ, -41.5% YoY) vs QoQ Rs. 26.1 Cr, YoY Rs. 27.7 Cr
EBITDA Margin came at 20.1% vs QoQ 27.1%, YoY 31.2%
Adj. PAT came at Rs. 13.5 Cr vs QoQ Rs. 15.6 Cr, YoY Rs. 15.2 Cr
Quarter EPS is Rs. 0.2
Share is trading at P/E of 67.6x TTM EPS
Daily Market Highlights | 9th August 2021 📊
NIFTY50: ₹16,258.25 | +0.12%
Top Gainers 📈
M&M: +2.23%
TECHM: +1.93%
AXISBANK: +1.86%
BAJAJFINSV: +1.57%
INDUSINDBK: +1.31%
Top Losers 📉
TATACONSUM: -1.98%
COALINDIA: -1.85%
ADANIPORTS: -1.67%
BHARTIARTL: -1.63%
SBILIFE: -1.63%
NIFTY50: ₹16,258.25 | +0.12%
Top Gainers 📈
M&M: +2.23%
TECHM: +1.93%
AXISBANK: +1.86%
BAJAJFINSV: +1.57%
INDUSINDBK: +1.31%
Top Losers 📉
TATACONSUM: -1.98%
COALINDIA: -1.85%
ADANIPORTS: -1.67%
BHARTIARTL: -1.63%
SBILIFE: -1.63%
*Balrampur Chini Mills Ltd.* | *CMP* Rs. 345 | *M Cap* Rs. 7245 Cr | *52 W H/L* 387/125
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 1140.4 Cr (11.9% QoQ, -20.3% YoY) vs QoQ Rs. 1019.4 Cr, YoY Rs. 1430.3 Cr
EBIDTA came at Rs. 134 Cr (-59.7% QoQ, -38.4% YoY) vs QoQ Rs. 332.2 Cr, YoY Rs. 217.5 Cr
EBITDA Margin came at 11.8% vs QoQ 32.6%, YoY 15.2%
Adj. PAT came at Rs. 76.9 Cr vs QoQ Rs. 235.5 Cr, YoY Rs. 139.1 Cr
Quarter EPS is Rs. 3.7
Share is trading at P/E of 12.2x FY22E EPS
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 1140.4 Cr (11.9% QoQ, -20.3% YoY) vs QoQ Rs. 1019.4 Cr, YoY Rs. 1430.3 Cr
EBIDTA came at Rs. 134 Cr (-59.7% QoQ, -38.4% YoY) vs QoQ Rs. 332.2 Cr, YoY Rs. 217.5 Cr
EBITDA Margin came at 11.8% vs QoQ 32.6%, YoY 15.2%
Adj. PAT came at Rs. 76.9 Cr vs QoQ Rs. 235.5 Cr, YoY Rs. 139.1 Cr
Quarter EPS is Rs. 3.7
Share is trading at P/E of 12.2x FY22E EPS
BALRAMPUR CHINI MILLS: CO APPROVED BUYBACK OF FULLY PAID-UP EQUITY SHARES AT A PRICE NOT EXCEEDING RUPEES 410/SHARE FOR AN AMOUNT NOT EXCEEDING RUPEES 2.15B
*POKARNA LTD.* | *CMP* Rs. 438 | *M Cap* Rs. 1358 Cr | *52 W H/L* 438/118
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 105.4 Cr (14.5% QoQ, 285.9% YoY) vs QoQ Rs. 92.1 Cr, YoY Rs. 27.3 Cr
EBIDTA came at Rs. 22.6 Cr (21.1% QoQ, -1029.6% YoY) vs QoQ Rs. 18.6 Cr, YoY Rs. -2.4 Cr
EBITDA Margin came at 21.4% vs QoQ 20.2%, YoY -8.9%
Adj. PAT came at Rs. 4 Cr vs QoQ Rs. 3.8 Cr, YoY Rs. -9.3 Cr
Quarter EPS is Rs. 1.3
Share is trading at P/E of 32.6x TTM EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 105.4 Cr (14.5% QoQ, 285.9% YoY) vs QoQ Rs. 92.1 Cr, YoY Rs. 27.3 Cr
EBIDTA came at Rs. 22.6 Cr (21.1% QoQ, -1029.6% YoY) vs QoQ Rs. 18.6 Cr, YoY Rs. -2.4 Cr
EBITDA Margin came at 21.4% vs QoQ 20.2%, YoY -8.9%
Adj. PAT came at Rs. 4 Cr vs QoQ Rs. 3.8 Cr, YoY Rs. -9.3 Cr
Quarter EPS is Rs. 1.3
Share is trading at P/E of 32.6x TTM EPS
BALRAMPUR CHINI MILLS: CO APPROVED FURTHER CAPACITY EXPANSION OF ETHANOL PRODUCTION FROM 840 KLPD TO 1050 KLPD CONSIDERING THE HUGE UNTAPPED DEMAND FOR ETHANOL DUE TO THE ROBUST POLICIES OF GOVERNMENT OF INDIA ON ETHANOL BLENDING