If Big Fundamentals guys can fail here
If Big PMS Funda manager can go wrong
Most of Mutual Fund manager can go wrong
Then aap aur mai kis khet ki muli hai 😀
In this financial World anybody can go wrong.
important is how fast u accept and act on it 🙏
Respect your System and trade with Risk Management and never skip your SL.
If Big PMS Funda manager can go wrong
Most of Mutual Fund manager can go wrong
Then aap aur mai kis khet ki muli hai 😀
In this financial World anybody can go wrong.
important is how fast u accept and act on it 🙏
Respect your System and trade with Risk Management and never skip your SL.
Follow this link to join my WhatsApp group: https://chat.whatsapp.com/K945OawgFpv2wxeAfOOrel
I don't change my trading approach because it is not working for a couple of days or weeks.
Instead I recognize quickly that it's time to move to the sidelines and wait until it's working again.
Avoid system hopping at all costs.
-Successful trader
Instead I recognize quickly that it's time to move to the sidelines and wait until it's working again.
Avoid system hopping at all costs.
-Successful trader
*IRB Infrastructure Developers Ltd.* | *CMP* Rs. 156 | *M Cap* Rs. 5473 Cr | *52 W H/L* 190/98
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 1625.7 Cr (1.2% QoQ, 59% YoY) vs expectation of Rs. 1238.7 Cr, QoQ Rs. 1605.8 Cr, YoY Rs. 1022.3 Cr
EBIDTA came at Rs. 699.9 Cr (-7.9% QoQ, 46.5% YoY) vs expectation of Rs. 541.3 Cr, QoQ Rs. 760.1 Cr, YoY Rs. 477.6 Cr
EBITDA Margin came at 43.1% vs expectation of 43.7%, QoQ 47.3%, YoY 46.7%
Adj. PAT came at Rs. 99.4 Cr vs expectation of Rs. 22.5 Cr, QoQ Rs. 97.5 Cr, YoY Rs. -30.1 Cr
Quarter EPS is Rs. 2.8
Share is trading at P/E of 20.2x FY22E EPS
(Nirmal Bang Retail Research)
*Result ahead of expectation*
Revenue from Operations came at Rs. 1625.7 Cr (1.2% QoQ, 59% YoY) vs expectation of Rs. 1238.7 Cr, QoQ Rs. 1605.8 Cr, YoY Rs. 1022.3 Cr
EBIDTA came at Rs. 699.9 Cr (-7.9% QoQ, 46.5% YoY) vs expectation of Rs. 541.3 Cr, QoQ Rs. 760.1 Cr, YoY Rs. 477.6 Cr
EBITDA Margin came at 43.1% vs expectation of 43.7%, QoQ 47.3%, YoY 46.7%
Adj. PAT came at Rs. 99.4 Cr vs expectation of Rs. 22.5 Cr, QoQ Rs. 97.5 Cr, YoY Rs. -30.1 Cr
Quarter EPS is Rs. 2.8
Share is trading at P/E of 20.2x FY22E EPS
*J Kumar Infraprojects Ltd.* | *CMP* Rs. 204 | *M Cap* Rs. 1544 Cr | *52 W H/L* 231/88
(Nirmal Bang Retail Research)
*Result marginally ahead of expectation*
Revenue from Operations came at Rs. 675.1 Cr (-31.9% QoQ, 136.7% YoY) vs expectation of Rs. 613.7 Cr, QoQ Rs. 992 Cr, YoY Rs. 285.3 Cr
EBIDTA came at Rs. 96.8 Cr (-7.3% QoQ, 241.9% YoY) vs expectation of Rs. 83.9 Cr, QoQ Rs. 104.4 Cr, YoY Rs. 28.3 Cr
EBITDA Margin came at 14.3% vs expectation of 13.7%, QoQ 10.5%, YoY 9.9%
Adj. PAT came at Rs. 32.1 Cr vs expectation of Rs. 20.2 Cr, QoQ Rs. 32.7 Cr, YoY Rs. -20.8 Cr
Quarter EPS is Rs. 4.2
Share is trading at P/E of 7.9x FY22E EPS
(Nirmal Bang Retail Research)
*Result marginally ahead of expectation*
Revenue from Operations came at Rs. 675.1 Cr (-31.9% QoQ, 136.7% YoY) vs expectation of Rs. 613.7 Cr, QoQ Rs. 992 Cr, YoY Rs. 285.3 Cr
EBIDTA came at Rs. 96.8 Cr (-7.3% QoQ, 241.9% YoY) vs expectation of Rs. 83.9 Cr, QoQ Rs. 104.4 Cr, YoY Rs. 28.3 Cr
EBITDA Margin came at 14.3% vs expectation of 13.7%, QoQ 10.5%, YoY 9.9%
Adj. PAT came at Rs. 32.1 Cr vs expectation of Rs. 20.2 Cr, QoQ Rs. 32.7 Cr, YoY Rs. -20.8 Cr
Quarter EPS is Rs. 4.2
Share is trading at P/E of 7.9x FY22E EPS
*Cochin Shipyard Ltd.* | *CMP* Rs. 365 | *M Cap* Rs. 4803 Cr | *52 W H/L* 434/305
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 329.4 Cr (-69.5% QoQ, -0.9% YoY) vs QoQ Rs. 1080.3 Cr, YoY Rs. 332.5 Cr
EBIDTA came at Rs. 20.9 Cr (-91.9% QoQ, 27.2% YoY) vs QoQ Rs. 257.5 Cr, YoY Rs. 16.5 Cr
EBITDA Margin came at 6.4% vs QoQ 23.8%, YoY 5%
Adj. PAT came at Rs. 26.9 Cr vs QoQ Rs. 223.6 Cr, YoY Rs. 41.4 Cr
Quarter EPS is Rs. 2
Share is trading at P/E of 8.5x FY22E EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 329.4 Cr (-69.5% QoQ, -0.9% YoY) vs QoQ Rs. 1080.3 Cr, YoY Rs. 332.5 Cr
EBIDTA came at Rs. 20.9 Cr (-91.9% QoQ, 27.2% YoY) vs QoQ Rs. 257.5 Cr, YoY Rs. 16.5 Cr
EBITDA Margin came at 6.4% vs QoQ 23.8%, YoY 5%
Adj. PAT came at Rs. 26.9 Cr vs QoQ Rs. 223.6 Cr, YoY Rs. 41.4 Cr
Quarter EPS is Rs. 2
Share is trading at P/E of 8.5x FY22E EPS
*Ion Exchange (India) Ltd.* | *CMP* Rs. 2328 | *M Cap* Rs. 3414 Cr | *52 W H/L* 2947/599
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 314.1 Cr (-29.4% QoQ, 18.4% YoY) vs QoQ Rs. 445.2 Cr, YoY Rs. 265.3 Cr
EBIDTA came at Rs. 35.8 Cr (-58.2% QoQ, 14.7% YoY) vs QoQ Rs. 85.6 Cr, YoY Rs. 31.2 Cr
EBITDA Margin came at 11.4% vs QoQ 19.2%, YoY 11.8%
Adj. PAT came at Rs. 23.9 Cr vs QoQ Rs. 70.2 Cr, YoY Rs. 17.7 Cr
Quarter EPS is Rs. 16.3
Share is trading at P/E of 22.7x TTM EPS
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 314.1 Cr (-29.4% QoQ, 18.4% YoY) vs QoQ Rs. 445.2 Cr, YoY Rs. 265.3 Cr
EBIDTA came at Rs. 35.8 Cr (-58.2% QoQ, 14.7% YoY) vs QoQ Rs. 85.6 Cr, YoY Rs. 31.2 Cr
EBITDA Margin came at 11.4% vs QoQ 19.2%, YoY 11.8%
Adj. PAT came at Rs. 23.9 Cr vs QoQ Rs. 70.2 Cr, YoY Rs. 17.7 Cr
Quarter EPS is Rs. 16.3
Share is trading at P/E of 22.7x TTM EPS
*Lupin Ltd.* | *CMP* Rs. 1119 | *M Cap* Rs. 50792 Cr | *52 W H/L* 1268/855
(Nirmal Bang Retail Research)
*Result is below expectations after adjusting Rs 373 cr licensing income. US sales has also declined qoq*
Revenue from Operations came at Rs. 3864 Cr (2.1% QoQ, 9.5% YoY) vs expectation of Rs. 4178.6 Cr, QoQ Rs. 3783.1 Cr, YoY Rs. 3527.9 Cr
EBIDTA came at Rs. 549.6 Cr (-22.3% QoQ, 12.6% YoY) vs expectation of Rs. 884.1 Cr, QoQ Rs. 707.6 Cr, YoY Rs. 488.1 Cr
EBITDA Margin came at 14.2% vs expectation of 21.2%, QoQ 18.7%, YoY 13.8%
Adj. PAT came at Rs. 281.4 Cr vs expectation of Rs. 474.4 Cr, QoQ Rs. 460.4 Cr, YoY Rs. 106.9 Cr
Quarter EPS is Rs. 6.2
Share is trading at P/E of 29.1x FY22E EPS
(Nirmal Bang Retail Research)
*Result is below expectations after adjusting Rs 373 cr licensing income. US sales has also declined qoq*
Revenue from Operations came at Rs. 3864 Cr (2.1% QoQ, 9.5% YoY) vs expectation of Rs. 4178.6 Cr, QoQ Rs. 3783.1 Cr, YoY Rs. 3527.9 Cr
EBIDTA came at Rs. 549.6 Cr (-22.3% QoQ, 12.6% YoY) vs expectation of Rs. 884.1 Cr, QoQ Rs. 707.6 Cr, YoY Rs. 488.1 Cr
EBITDA Margin came at 14.2% vs expectation of 21.2%, QoQ 18.7%, YoY 13.8%
Adj. PAT came at Rs. 281.4 Cr vs expectation of Rs. 474.4 Cr, QoQ Rs. 460.4 Cr, YoY Rs. 106.9 Cr
Quarter EPS is Rs. 6.2
Share is trading at P/E of 29.1x FY22E EPS
*Krishna Institute of Medical Sciences Ltd* | *CMP* Rs. 1174 | *M Cap* Rs. 9399 Cr | *52 W H/L* 1174.45/
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 473.2 Cr (32% QoQ, 135.3% YoY) vs QoQ Rs. 358.5 Cr, YoY Rs. 201.1 Cr
EBIDTA came at Rs. 143.7 Cr (42.4% QoQ, 302.2% YoY) vs QoQ Rs. 100.9 Cr, YoY Rs. 35.7 Cr
EBITDA Margin came at 30.4% vs QoQ 28.1%, YoY 17.8%
Adj. PAT came at Rs. 89.1 Cr vs QoQ Rs. 57.8 Cr, YoY Rs. 11.1 Cr
Quarter EPS is Rs. 11.1
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 473.2 Cr (32% QoQ, 135.3% YoY) vs QoQ Rs. 358.5 Cr, YoY Rs. 201.1 Cr
EBIDTA came at Rs. 143.7 Cr (42.4% QoQ, 302.2% YoY) vs QoQ Rs. 100.9 Cr, YoY Rs. 35.7 Cr
EBITDA Margin came at 30.4% vs QoQ 28.1%, YoY 17.8%
Adj. PAT came at Rs. 89.1 Cr vs QoQ Rs. 57.8 Cr, YoY Rs. 11.1 Cr
Quarter EPS is Rs. 11.1
*3I INFOTECH LTD.* | *CMP* Rs. 9 | *M Cap* Rs. 1382 Cr | *52 W H/L* 12/2
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 159.9 Cr (7.2% QoQ, 6.9% YoY) vs QoQ Rs. 149.2 Cr, YoY Rs. 149.5 Cr
EBIDTA came at Rs. 1.5 Cr (-102% QoQ, -77.4% YoY) vs QoQ Rs. -75.7 Cr, YoY Rs. 6.6 Cr (Q4 has some excepetion expenses)
EBITDA Margin came at 0.9% vs QoQ -50.8%, YoY 4.4%
Adj. PAT came at Rs. -7.9 Cr vs QoQ Rs. 44.5 Cr, YoY Rs. -15.4 Cr
Quarter EPS is Rs. 0
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 159.9 Cr (7.2% QoQ, 6.9% YoY) vs QoQ Rs. 149.2 Cr, YoY Rs. 149.5 Cr
EBIDTA came at Rs. 1.5 Cr (-102% QoQ, -77.4% YoY) vs QoQ Rs. -75.7 Cr, YoY Rs. 6.6 Cr (Q4 has some excepetion expenses)
EBITDA Margin came at 0.9% vs QoQ -50.8%, YoY 4.4%
Adj. PAT came at Rs. -7.9 Cr vs QoQ Rs. 44.5 Cr, YoY Rs. -15.4 Cr
Quarter EPS is Rs. 0
*Titagarh Wagons Ltd.* | *CMP* Rs. 83 | *M Cap* Rs. 996 Cr | *52 W H/L* 97/38
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 507.3 Cr (18% QoQ, 132.3% YoY) vs QoQ Rs. 429.9 Cr, YoY Rs. 218.4 Cr
EBIDTA came at Rs. 44.5 Cr (119.5% QoQ, 1620.9% YoY) vs QoQ Rs. 20.3 Cr, YoY Rs. 2.6 Cr
EBITDA Margin came at 8.8% vs QoQ 4.7%, YoY 1.2%
Adj. PAT came at Rs. 17.4 Cr vs QoQ Rs. 0.8 Cr, YoY Rs. -20.3 Cr
Quarter EPS is Rs. 1.5
Share is trading at P/E of 43.6x TTM EPS
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 507.3 Cr (18% QoQ, 132.3% YoY) vs QoQ Rs. 429.9 Cr, YoY Rs. 218.4 Cr
EBIDTA came at Rs. 44.5 Cr (119.5% QoQ, 1620.9% YoY) vs QoQ Rs. 20.3 Cr, YoY Rs. 2.6 Cr
EBITDA Margin came at 8.8% vs QoQ 4.7%, YoY 1.2%
Adj. PAT came at Rs. 17.4 Cr vs QoQ Rs. 0.8 Cr, YoY Rs. -20.3 Cr
Quarter EPS is Rs. 1.5
Share is trading at P/E of 43.6x TTM EPS
*Huhtamaki India Ltd.* | *CMP* Rs. 293 | *M Cap* Rs. 2213 Cr | *52 W H/L* 352/241
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 662.6 Cr (4.8% QoQ, 4.2% YoY) vs QoQ Rs. 632.3 Cr, YoY Rs. 635.7 Cr
EBIDTA came at Rs. 22.7 Cr (-46.3% QoQ, -66.4% YoY) vs QoQ Rs. 42.3 Cr, YoY Rs. 67.5 Cr
EBITDA Margin came at 3.4% vs QoQ 6.7%, YoY 10.6%
Adj. PAT came at Rs. -3.5 Cr vs QoQ Rs. 16.2 Cr, YoY Rs. 26.7 Cr
Quarter EPS is Rs. -0.5
Share is trading at P/E of 13.4x FY22E EPS
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 662.6 Cr (4.8% QoQ, 4.2% YoY) vs QoQ Rs. 632.3 Cr, YoY Rs. 635.7 Cr
EBIDTA came at Rs. 22.7 Cr (-46.3% QoQ, -66.4% YoY) vs QoQ Rs. 42.3 Cr, YoY Rs. 67.5 Cr
EBITDA Margin came at 3.4% vs QoQ 6.7%, YoY 10.6%
Adj. PAT came at Rs. -3.5 Cr vs QoQ Rs. 16.2 Cr, YoY Rs. 26.7 Cr
Quarter EPS is Rs. -0.5
Share is trading at P/E of 13.4x FY22E EPS
*Gujarat Alkalies And Chemicals Ltd.* | *CMP* Rs. 479 | *M Cap* Rs. 3518 Cr | *52 W H/L* 494/304
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 716.4 Cr (6.7% QoQ, 52.6% YoY) vs QoQ Rs. 671.4 Cr, YoY Rs. 469.6 Cr
EBIDTA came at Rs. 127 Cr (31.6% QoQ, 61.8% YoY) vs QoQ Rs. 96.5 Cr, YoY Rs. 78.5 Cr
EBITDA Margin came at 17.7% vs QoQ 14.4%, YoY 16.7%
Adj. PAT came at Rs. 63.1 Cr vs QoQ Rs. 34.7 Cr, YoY Rs. 31.8 Cr
Quarter EPS is Rs. 8.6
Share is trading at P/E of 17.9x TTM EPS
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 716.4 Cr (6.7% QoQ, 52.6% YoY) vs QoQ Rs. 671.4 Cr, YoY Rs. 469.6 Cr
EBIDTA came at Rs. 127 Cr (31.6% QoQ, 61.8% YoY) vs QoQ Rs. 96.5 Cr, YoY Rs. 78.5 Cr
EBITDA Margin came at 17.7% vs QoQ 14.4%, YoY 16.7%
Adj. PAT came at Rs. 63.1 Cr vs QoQ Rs. 34.7 Cr, YoY Rs. 31.8 Cr
Quarter EPS is Rs. 8.6
Share is trading at P/E of 17.9x TTM EPS
*Kiri Industries Ltd.* | *CMP* Rs. 519 | *M Cap* Rs. 1745 Cr | *52 W H/L* 679/395
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 292.8 Cr (-19.3% QoQ, 169% YoY) vs QoQ Rs. 362.9 Cr, YoY Rs. 108.8 Cr
EBIDTA came at Rs. 20.1 Cr (-59.1% QoQ, -474.2% YoY) vs QoQ Rs. 49 Cr, YoY Rs. -5.4 Cr
EBITDA Margin came at 6.9% vs QoQ 13.5%, YoY -4.9%
Adj. PAT came at Rs. 90.6 Cr vs QoQ Rs. 116.2 Cr, YoY Rs. -57.7 Cr
Quarter EPS is Rs. 26.9
Share is trading at P/E of 4.4x TTM EPS
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 292.8 Cr (-19.3% QoQ, 169% YoY) vs QoQ Rs. 362.9 Cr, YoY Rs. 108.8 Cr
EBIDTA came at Rs. 20.1 Cr (-59.1% QoQ, -474.2% YoY) vs QoQ Rs. 49 Cr, YoY Rs. -5.4 Cr
EBITDA Margin came at 6.9% vs QoQ 13.5%, YoY -4.9%
Adj. PAT came at Rs. 90.6 Cr vs QoQ Rs. 116.2 Cr, YoY Rs. -57.7 Cr
Quarter EPS is Rs. 26.9
Share is trading at P/E of 4.4x TTM EPS
Trading Tweaks
Ex-Date AGM: Delta Corp, HLV, City Union Bank, The Ramco Cements, Pfizer, Ramco Industries, Voltas
Ex-Date Interim Dividend: Castrol India, Varun Beverages
Ex-Date Final Dividend: City Union Bank
Ex-Date Dividend: Kotak Mahindra Bank, Pfizer, Voltas
Ex-Date Special Dividend: Pfizer
Ex-Date Income Distribution: IRB InvIT Fund
Record Date Final Dividend: Honeywell Automation India
Record Date Interim Dividend: IIFL Wealth Management
Price Band Revised From 10% To 5%: Dhampur Sugar Mills
Move Into Short-Term ASM Framework: Venus Remedies, Future Consumer
Move Out Of Short-Term ASM Framework: Mahindra Logistics
Move Into ASM Framework: Jindal Stainless (Hisar)
Ex-Date AGM: Delta Corp, HLV, City Union Bank, The Ramco Cements, Pfizer, Ramco Industries, Voltas
Ex-Date Interim Dividend: Castrol India, Varun Beverages
Ex-Date Final Dividend: City Union Bank
Ex-Date Dividend: Kotak Mahindra Bank, Pfizer, Voltas
Ex-Date Special Dividend: Pfizer
Ex-Date Income Distribution: IRB InvIT Fund
Record Date Final Dividend: Honeywell Automation India
Record Date Interim Dividend: IIFL Wealth Management
Price Band Revised From 10% To 5%: Dhampur Sugar Mills
Move Into Short-Term ASM Framework: Venus Remedies, Future Consumer
Move Out Of Short-Term ASM Framework: Mahindra Logistics
Move Into ASM Framework: Jindal Stainless (Hisar)
Money Market Update
The rupee ended at 74.43 against the U.S. Dollar on Tuesday as compared to Monday's closing of 74.26.
The rupee ended at 74.43 against the U.S. Dollar on Tuesday as compared to Monday's closing of 74.26.