Personally bot 8.3k Gujapollo at avg of 229.44

High Conviction Call. Bse has clarified about circular which was released 2 days back. Midcaps will zoom ✈️✈️✈️

ADDED MORE GUJAPOLLO AGGRESSIVELY AT 229.95 - 230.2

TOTAL HOLDING OF THE DAY AT 10.8K

GUYS SAYING DONT MISS. HIGH CONVICTION BET

New rule will get affected for above 32 shares👆

*PNC Infratech Ltd.* | *CMP* Rs. 294 | *M Cap* Rs. 7542 Cr | *52 W H/L* 332/127
(Nirmal Bang Retail Research)
*Result inline with Expectation*
Revenue from Operations came at Rs. 1251.2 Cr (-23.9% QoQ, 38.2% YoY) vs expectation of Rs. 1250.5 Cr, QoQ Rs. 1644.3 Cr, YoY Rs. 905.3 Cr
EBIDTA came at Rs. 175.4 Cr (-24.5% QoQ, 46.5% YoY) vs expectation of Rs. 166.9 Cr, QoQ Rs. 232.4 Cr, YoY Rs. 119.8 Cr
EBITDA Margin came at 14% vs expectation of 13.3%, QoQ 14.1%, YoY 13.2%
Adj. PAT came at Rs. 93.3 Cr vs expectation of Rs. 95.1 Cr, QoQ Rs. 129.4 Cr, YoY Rs. 60.1 Cr
Quarter EPS is Rs. 3.6
Share is trading at P/E of 15.9x FY22E EPS

*Greaves Cotton Ltd.* | *CMP* Rs. 145 | *M Cap* Rs. 3336 Cr | *52 W H/L* 184/66
(Nirmal Bang Retail Research)
*Result has declined*
Revenue from Operations came at Rs. 229 Cr (-56% QoQ, 46.7% YoY) vs QoQ Rs. 520.4 Cr, YoY Rs. 156.1 Cr
EBIDTA came at Rs. -16.9 Cr (-140.6% QoQ, -36.7% YoY) vs QoQ Rs. 41.6 Cr, YoY Rs. -26.7 Cr
EBITDA Margin came at -7.4% vs QoQ 8%, YoY -17.1%
Adj. PAT came at Rs. -26.5 Cr vs QoQ Rs. 13.2 Cr, YoY Rs. -30.9 Cr
Quarter EPS is Rs. -1.1
Share is trading at P/E of 24.4x FY22E EPS

*BAJAJ ELECTRICALS LTD.* | *CMP* Rs. 1038 | *M Cap* Rs. 11899 Cr | *52 W H/L* 1225/412
(Nirmal Bang Retail Research)
*Result below expectation*
Revenue from Operations came at Rs. 852.8 Cr (-32% QoQ, 40.3% YoY) vs expectation of Rs. 812.2 Cr, QoQ Rs. 1254.5 Cr, YoY Rs. 607.7 Cr
EBIDTA came at Rs. 7.1 Cr (-90% QoQ, -134.4% YoY) vs expectation of Rs. 34.2 Cr, QoQ Rs. 71.6 Cr, YoY Rs. -20.8 Cr
EBITDA Margin came at 0.8% vs expectation of 4.2%, QoQ 5.7%, YoY -3.4%
Adj. PAT came at Rs. -6.4 Cr vs expectation of Rs. 17.4 Cr, QoQ Rs. 59 Cr, YoY Rs. -41.9 Cr
Quarter EPS is Rs. -0.6
Share is trading at P/E of 44.4x FY22E EPS

*JBM Auto Ltd.* | *CMP* Rs. 484 | *M Cap* Rs. 2290 Cr | *52 W H/L* 535/205
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 546.8 Cr (-26.6% QoQ, 323.6% YoY) vs QoQ Rs. 744.9 Cr, YoY Rs. 129.1 Cr
EBIDTA came at Rs. 56.4 Cr (-33% QoQ, -811.9% YoY) vs QoQ Rs. 84.2 Cr, YoY Rs. -7.9 Cr
EBITDA Margin came at 10.3% vs QoQ 11.3%, YoY -6.1%
Adj. PAT came at Rs. 12.2 Cr vs QoQ Rs. 32.7 Cr, YoY Rs. -25.9 Cr
Quarter EPS is Rs. 2.6
Share is trading at P/E of 26.2x TTM EPS

*ISGEC Heavy Engineering Ltd.* | *CMP* Rs. 736 | *M Cap* Rs. 5412 Cr | *52 W H/L* 878/217
(Nirmal Bang Retail Research)
*Result declining*
Revenue from Operations came at Rs. 1128.4 Cr (-30.2% QoQ, 7.6% YoY) vs QoQ Rs. 1617.7 Cr, YoY Rs. 1048.9 Cr
EBIDTA came at Rs. 48.2 Cr (-60.4% QoQ, -31.5% YoY) vs QoQ Rs. 121.6 Cr, YoY Rs. 70.3 Cr
EBITDA Margin came at 4.3% vs QoQ 7.5%, YoY 6.7%
Adj. PAT came at Rs. 13.6 Cr vs QoQ Rs. 63.4 Cr, YoY Rs. 41.7 Cr
Quarter EPS is Rs. 1.9
Share is trading at P/E of 24.6x TTM EPS

*Garware Technical Fibres Ltd.* | *CMP* Rs. 3300 | *M Cap* Rs. 6804 Cr | *52 W H/L* 3645/1632
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 243.1 Cr (-27.5% QoQ, 59.5% YoY) vs QoQ Rs. 335.4 Cr, YoY Rs. 152.4 Cr
EBIDTA came at Rs. 42.9 Cr (-39.5% QoQ, 139.9% YoY) vs QoQ Rs. 70.9 Cr, YoY Rs. 17.9 Cr
EBITDA Margin came at 17.7% vs QoQ 21.2%, YoY 11.7%
Adj. PAT came at Rs. 31.9 Cr vs QoQ Rs. 53.2 Cr, YoY Rs. 17.7 Cr
Quarter EPS is Rs. 15.5
Share is trading at P/E of 39.4x TTM EPS

JSPL Q1FY22 Concall Update
Outlook – Neutral
*company will not be having benefit of lower Iron ore cost old stock and higher coking coal cost will have impact on margin going forward.*
• Revenue was down by 2% QoQ due to 16% QoQ decline in sales volume facing port congestion and inventory build-up.
• EBITDA was also down 7% QoQ as volume decline was only partly offset by improvement in EBITDA/T.
• Inventory build-up due to unavailability of vessel for export and it may take 3-4 months to clear.
• The company took advantage of higher realisation from export in view of muted demand in India.
• As per management, net debt would be Rs 8000 cr by the end of FY22.
• FY22 capex target of Rs 2500 cr and capex of around Rs 18000 cr till FY27 as the company is in its Phase 2 expansion.
• The management looks to define downstream flat products expansion plan beyond Hot Strip Mill by FY23-FY24.
• For Australia coal mine, the management targets production of 1.2-1.5 mnt in CY22 and 2.0 mnt in CY23.
• On PLI scheme, the management are in initial discussion with foreign partners.
• Share is trading at EV/EBITDA of 4.35x FY23E EBITDA

Brokrage Reports


Motherson Sumi

CITI: Sell, TP Rs 215

MS: OW, TP Rs 268


Jefferies on Zomato maintain buy with Tgt price of 175

UBS on Zomato maintain buy with Tgt price of 165


Nomura on Lupin
Buy, TP Rs 1399


CITI on JSPL
Buy, TP raised to Rs 640


Mac on siemens maintain UP with Tgt price of 1520


Jp Morgan on Coal india maintain OW with Tgt price of 200


Clsa on Max financial maintain buy with Tgt price of 1350


Clsa on Powergrid maintain buy with Tgt price of 206


Ms on Titan maintain EW with Tgt price of 1358


Clsa on BEL maintain buy with Tgt price of 205


GS on Radico Khaitan maintain buy with Tgt price of 1144

Dear All,

Nirmal Bang is inviting you to a Zoom webinar.
When: Aug 12, 2021 08:45 AM India
Topic: Morning Market Update

Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_-bC6tI5GSESL5nWEpmEO7g


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*The India Cements Ltd. – S* | *CMP* Rs. 176 | *M Cap* Rs. 5462 Cr | *52 W H/L* 211/107
(Nirmal Bang Retail Research)
*Result below expectation*
Revenue from Operations came at Rs. 1022.5 Cr (-29.5% QoQ, 35.1% YoY) vs expectation of Rs. 1126.5 Cr, QoQ Rs. 1449.6 Cr, YoY Rs. 757 Cr
EBIDTA came at Rs. 162 Cr (-19.2% QoQ, 4% YoY) vs expectation of Rs. 193 Cr, QoQ Rs. 200.5 Cr, YoY Rs. 155.7 Cr
EBITDA Margin came at 15.8% vs expectation of 17.1%, QoQ 13.8%, YoY 20.6%
Adj. PAT came at Rs. 37.4 Cr vs expectation of Rs. 46.5 Cr, QoQ Rs. 71.6 Cr, YoY Rs. 17 Cr
Quarter EPS is Rs. 1.2
Share is trading at EV/EBITDA of 8.37x FY23E EBITDA

*Marksans Pharma Ltd.* | *CMP* Rs. 73 | *M Cap* Rs. 2988 Cr | *52 W H/L* 98/42
(Nirmal Bang Retail Research)
*Result is ok*
Revenue from Operations came at Rs. 349 Cr (5.7% QoQ, 5.4% YoY) vs QoQ Rs. 330.2 Cr, YoY Rs. 331.2 Cr
EBIDTA came at Rs. 77.3 Cr (-18.9% QoQ, 10.5% YoY) vs QoQ Rs. 95.4 Cr, YoY Rs. 70 Cr
EBITDA Margin came at 22.2% vs QoQ 28.9%, YoY 21.1%
Adj. PAT came at Rs. 62.6 Cr vs QoQ Rs. 79.5 Cr, YoY Rs. 49.4 Cr
Quarter EPS is Rs. 1.5
Share is trading at P/E of 12.4x FY22E EPS

*Ambika Cotton Mills Ltd.* | *CMP* Rs. 1439 | *M Cap* Rs. 824 Cr | *52 W H/L* 1733/603
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 187.5 Cr (-4.3% QoQ, 89.1% YoY) vs QoQ Rs. 195.9 Cr, YoY Rs. 99.2 Cr
EBIDTA came at Rs. 56.3 Cr (16.8% QoQ, 274.9% YoY) vs QoQ Rs. 48.2 Cr, YoY Rs. 15 Cr
EBITDA Margin came at 30% vs QoQ 24.6%, YoY 15.2%
Adj. PAT came at Rs. 35.8 Cr vs QoQ Rs. 29 Cr, YoY Rs. 5 Cr
Quarter EPS is Rs. 62.6
Share is trading at P/E of 8.3x TTM EPS

*CADILA HEALTHCARE LTD.* | *CMP* Rs. 564 | *M Cap* Rs. 57739 Cr | *52 W H/L* 674/354
(Nirmal Bang Retail Research)
*Result marginally ahead of expectation*
Revenue from Operations came at Rs. 4025.4 Cr (4.6% QoQ, 10.6% YoY) vs expectation of Rs. 3948.1 Cr, QoQ Rs. 3846.7 Cr, YoY Rs. 3639.9 Cr
EBIDTA came at Rs. 933 Cr (9.1% QoQ, 14.4% YoY) vs expectation of Rs. 884.4 Cr, QoQ Rs. 855.3 Cr, YoY Rs. 815.4 Cr
EBITDA Margin came at 23.2% vs expectation of 22.4%, QoQ 22.2%, YoY 22.4%
Adj. PAT came at Rs. 564.8 Cr vs expectation of Rs. 551.1 Cr, QoQ Rs. 752.1 Cr, YoY Rs. 454 Cr
Quarter EPS is Rs. 5.5
Share is trading at P/E of 25.6x FY22E EPS

*Pidilite Industries Ltd.* | *CMP* Rs. 2201 | *M Cap* Rs. 111845 Cr | *52 W H/L* 2335/1307
(Nirmal Bang Retail Research)
*Result is marginally above expectations*
Revenue from Operations came at Rs. 1936.8 Cr (-13.4% QoQ, 120.6% YoY) vs expectation of Rs. 1840.3 Cr, QoQ Rs. 2235.5 Cr, YoY Rs. 877.8 Cr
EBIDTA came at Rs. 347.6 Cr (-24.6% QoQ, 423.7% YoY) vs expectation of Rs. 315.6 Cr, QoQ Rs. 460.8 Cr, YoY Rs. 66.4 Cr
EBITDA Margin came at 17.9% vs expectation of 17.1%, QoQ 20.6%, YoY 7.6%
Adj. PAT came at Rs. 220.1 Cr vs expectation of Rs. 226.3 Cr, QoQ Rs. 309.8 Cr, YoY Rs. 26.8 Cr
Quarter EPS is Rs. 4.3
Share is trading at P/E of 83.3x FY22E EPS

*NESCO LTD.* | *CMP* Rs. 569 | *M Cap* Rs. 4009 Cr | *52 W H/L* 697/429
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 72.7 Cr (-3.2% QoQ, 4.8% YoY) vs QoQ Rs. 75.1 Cr, YoY Rs. 69.3 Cr
EBIDTA came at Rs. 45.8 Cr (-3.7% QoQ, -7.9% YoY) vs QoQ Rs. 47.5 Cr, YoY Rs. 49.7 Cr
EBITDA Margin came at 63% vs QoQ 63.3%, YoY 71.6%
Adj. PAT came at Rs. 42.4 Cr vs QoQ Rs. 39.7 Cr, YoY Rs. 51.3 Cr
Quarter EPS is Rs. 6
Share is trading at P/E of 21.8x FY22E EPS

Correction *Cadila Healthcare Ltd.* | *CMP* Rs. 565 | *M Cap* Rs. 57841 Cr | *52 W H/L* 674/358
(Nirmal Bang Retail Research)
*Result is marginally above expectations*
Revenue from Operations came at Rs. 4025.4 Cr (9% QoQ, 14.5% YoY) vs expectation of Rs. 3948.1 Cr, QoQ Rs. 3692.3 Cr, YoY Rs. 3514.6 Cr
EBIDTA came at Rs. 933 Cr (15.9% QoQ, 18% YoY) vs expectation of Rs. 884.4 Cr, QoQ Rs. 805.3 Cr, YoY Rs. 790.5 Cr
EBITDA Margin came at 23.2% vs expectation of 22.4%, QoQ 21.8%, YoY 22.5%
Adj. PAT came at Rs. 587.2 Cr vs expectation of Rs. 551.1 Cr, QoQ Rs. 752.1 Cr, YoY Rs. 454 Cr
Quarter EPS is Rs. 5.7
Share is trading at P/E of 25.7x FY22E EPS

Total bot 13.4k Gujapollo at avg of 229

VEDL 324.9❤️

89.65 TO 324.9 ✈️✈️✈️