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*Gufic Biosciences Ltd.* | *CMP* Rs. 192 | *M Cap* Rs. 1494 Cr | *52 W H/L* 216/76
(Nirmal Bang Retail Research)
*Result good*
Revenue from Operations came at Rs. 250.8 Cr (90.1% QoQ, 363.1% YoY) vs QoQ Rs. 131.9 Cr, YoY Rs. 54.1 Cr
EBIDTA came at Rs. 45.7 Cr (92.2% QoQ, -7798.1% YoY) vs QoQ Rs. 23.7 Cr, YoY Rs. -0.6 Cr
EBITDA Margin came at 18.2% vs QoQ 18%, YoY -1.1%
Adj. PAT came at Rs. 31.2 Cr vs QoQ Rs. 12.9 Cr, YoY Rs. -3.7 Cr
Quarter EPS is Rs. 4
Share is trading at P/E of 20.3x TTM EPS
*Praj Inds:* Order inflow stood at Rs. 661 Cr (+113% YoY, +2% QoQ) during Q1, the third consecutive qtr above Rs. 600 Cr mark. Order book increased to Rs. 2023 Cr vs QoQ Rs. 1748 Cr & YoY Rs. 1263 Cr. *Neutral in near term due to RM cost pressure on margins; Positive in long term*
*Praj Industries Ltd.* | *CMP* Rs. 334 | *M Cap* Rs. 6127 Cr | *52 W H/L* 407/59
(Nirmal Bang Retail Research)
*Result has declined* Margins have come below expectations due to pressure on Gross Margins

Order inflow stood at Rs. 661 Cr (+113% YoY, +2% QoQ) during Q1, the third consecutive qtr above Rs. 600 Cr mark. Order book increased to Rs. 2023 Cr vs QoQ Rs. 1748 Cr & YoY Rs. 1263 Cr. *Neutral in near term due to RM cost pressure on margins; Positive in long term*
Revenue from Operations came at Rs. 386.3 Cr (-31.9% QoQ, 198.2% YoY) vs QoQ Rs. 567.1 Cr, YoY Rs. 129.6 Cr
Gross margin came at multi year low at 38.7% vs QoQ 42.4% & YoY 46.3%
EBIDTA came at Rs. 29.8 Cr (-58.6% QoQ, -300.5% YoY) vs QoQ Rs. 72.1 Cr, YoY Rs. -14.9 Cr
EBITDA Margin came at 7.7% vs QoQ 12.7%, YoY -11.5%
Adj. PAT came at Rs. 22.2 Cr vs QoQ Rs. 52 Cr, YoY Rs. -10.5 Cr
Quarter EPS is Rs. 1.2
Share is trading at P/E of 38.8x FY22E EPS
*MAS Financial Services - S* | *CMP* Rs. 770 | *M Cap* Rs. 4209 Cr | *52 W H/L* 1111/610
(Nirmal Bang Retail Research)
*Result is ok*
NII came at Rs. 58 Cr vs YoY Rs. 72 Cr, QoQ Rs. 53 Cr
Non-Interest Income came at Rs. 20 Cr vs YoY Rs. 18 Cr, QoQ Rs. 25 Cr
PBP came at Rs. 64 Cr vs YoY Rs. 78 Cr, QoQ Rs. 57 Cr
Provision came at Rs. 14 Cr vs YoY Rs. 30 Cr, QoQ Rs. 8 Cr
PAT came at Rs. 37 Cr vs YoY Rs. 36 Cr, QoQ Rs. 37 Cr
AUM came at Rs. 5162 Cr vs YoY Rs. 5658 Cr, QoQ Rs. 5372 Cr
Gross NPA (%) came at 2.21% vs QoQ 1.94% (In comparison, CreditAccess GNPA increased QoQ from 4.0% to 7.6%)
Net NPA (%) came at 1.74% vs QoQ 1.52%
Contingent provisioning buffer which stands at Rs. 54 Cr (1.34% of on book assets of Rs. 4047 Cr).
The co has not restructured fresh loans but is in the process of assessing covid stress on the borrower and will invoke the resolution plans for the eligible borrowers in the September quarter.
Quarter EPS is Rs. 6.7
Share is trading at P/E of 24.1x FY23E EPS & 3.5x trailing P/BV
*GIC Housing Finance Ltd. -S* | *CMP* Rs. 170 | *M Cap* Rs. 915 Cr | *52 W H/L* 197/85
(Nirmal Bang Retail Research)
*Result has declined*
NII came at Rs. 85.6 Cr vs YoY Rs. 83.1 Cr, QoQ Rs. 100.7 Cr
PBP came at Rs. 70 Cr vs YoY Rs. 57.7 Cr, QoQ Rs. 91.2 Cr
Provision came at Rs. 69.1 Cr vs YoY Rs. 135.4 Cr, QoQ Rs. -23.3 Cr
PAT came at Rs. 2.8 Cr vs YoY Rs. -55.7 Cr, QoQ Rs. 79.7 Cr
Quarter EPS is Rs. 0.5
Share is trading at P/E of 0x FY23E EPS & 0.7x trailing P/BV
*Bata India Ltd.* | *CMP* Rs. 1666 | *M Cap* Rs. 21413 Cr | *52 W H/L* 1737/1214
(Nirmal Bang Retail Research)
*Result is inline with expectations*
Revenue from Operations came at Rs. 267 Cr (-54.7% QoQ, 98.1% YoY) vs expectation of Rs. 270.8 Cr, QoQ Rs. 589.9 Cr, YoY Rs. 134.8 Cr
EBIDTA came at Rs. -34 Cr (-130.4% QoQ, -60.5% YoY) vs expectation of Rs. -29.6 Cr, QoQ Rs. 112 Cr, YoY Rs. -86.1 Cr
EBITDA Margin came at -12.7% vs expectation of -10.9%, QoQ 19%, YoY -63.9%
Adj. PAT came at Rs. -71.3 Cr vs expectation of Rs. -69 Cr, QoQ Rs. 29.4 Cr, YoY Rs. -101.1 Cr
Quarter EPS is Rs. -5.5
Share is trading at P/E of 95.3x FY22E EPS
Bulk Deal as on 11-08-21

Cmi Cables
- 1.06 Lk @ 51.16 Bank of Bahrain & Kuwait B S C

Globus Spirits Ltd
+ 90 K @ 822.9 Massachusetts Institute of technology
+ 18 K @ 822.9 238 Plan Associates LLC
- 1.08 Lk @ 822.9 International Asset Reconstruction

JTL Infra
- 75 K & 675 Jagan Industries Pvt Ltd

McLeod Russel
+ 14.79 Lk @ 25.27 ICM Finance Pvt Ltd
- 14.79 Lk @ 25.27 Gladiator Vyapaar Ltd
- 12.33 Lk @ 25.05 DMI Finance Pvt Ltd
- 5.24 Lk @ 24.65 Ashwin Kamdar HUF

Pg Foils Ltd
- 80 K @ 169.4 Miracle Foils Pvt Ltd

Premier Explosives
+ 60 K @ 234.51 Girdharilal V Lakhi

Timken India
+ 5.95 Lk @ 1535.6 Hdfc Mutual Fund
- 5.95 Lk @ 1535.6 Tricot Investment Ltd
https://linkintime.co.in/MIPO/Ipoallotment.html

Devyani & Windlas allotment available now
Stocks Ban In F&O:

Canara Bank,
IndiabullsHsg,
Nalco,
PNB,
RBL Bank,
Sun TV
Money Market Update

The rupee ended at 74.44 against the U.S. Dollar on Wednesday as compared to Tuesday's closing of 74.43.
Trading Tweaks

Ex-Date AGM: VA Tech Wabag, Greenply Industries, Hindalco Industries, JK Lakshmi Cement, JK Paper, Endurance Technologies, Munjal Showa, DFM Foods, Goldiam International, TTK Healthcare, Associated Alcohols & Breweries, Arvind Fashions, Grasim Industries

Ex-Date Final Dividend: Associated Alcohols & Breweries, Endurance Technologies, Goldiam International, Grasim Industries, Greenply Industries, Hindalco Industries, Ion Exchange (India), JK Paper, Karda Constructions, TTK Healthcare

Ex-Date Dividend: Avadh Sugar & Energy, Indian Hume Pipe Co, JK Lakshmi Cement, Munjal Showa, NGL Fine-Chem

Ex-Date Interim Dividend: Balkrishna Industries, NACL Industries

Ex-Date Special Dividend: Grasim Industries

Ex-Date Bonus Issue: Karda Constructions

Ex-Date Stock Split: Karda Constructions

Record Date Interim Dividend: Castrol India, Varun Beverages

Record Date Final Dividend: City Union Bank

Record Date Income Distribution: IRB InvIT Fund

Record Date Dividend: Kotak Mahindra Bank

Price Band Revised From 10% To 5%: Jubilant Industries

Move Into Short-Term ASM Framework: Quick Heal Technologies, BASF India

Move Out Of Short-Term ASM Framework: The Investment Trust of India
Who’s Meeting Whom

Tata Chemicals: To meet Haitong Securities India on August 13.

ISGEC Heavy Engineering: To meet Capital Research Global Investors, Nippon Mutual Fund, Bajaj Allianz Life Insurance and DSP Mutual Fund on August 13
Insider Trades

Bhageria Industries: Promoter Rahul Bhageria bought 14,104 shares between August 9-10.

Grindwell Norton: Promoter KM Narang sold 1,607 shares on August 10.

Prince Pipes and Fittings: Promoter Jayant Chheda (HUF) sold 96,000 shares on August 10. Promoter Jayant Chheda bought 96,000 shares on August 10.

Sandhar Technologies: Promoter Jayant Davar bought 3,653 shares on August 11.
Pledge Share Details

Adani Ports and SEZ: Promoter group (Gautam Adani and Rajesh Adani) revoked pledge of 12,000 shares on August 10.

Motherson Sumi Systems: Promoter Radha Rani Holdings Pte created a pledge of 34.42 lakh shares on August 6
Stocks To Watch ITC:

The company continues to be bullish about the Indian consumer space. FMCG portfolio has been “revitalised to make it future ready,” Chairman Sanjiv Puri said. FMCG segment Ebitda margins improved 640 basis points during the last 4 years, while revenue increased to nearly Rs 15,000 crore ($2 billion) from about Rs 10,500 crore. ITC will continue to examine alternate structures
in the hotels business. In the medium term, “asset-right strategy” is expected to double the number of properties in the hotel business, he said. ITC will also launch a super app during the year called ITC-MAARS for small farmers. Further, the company is investing in cutting-edge digital technologies; fast-tracked e-commerce, anticipating the surge in demand for ‘contactless shopping’ and home delivery

Heidelbergcement India: The company has entered into power purchase agreement, share subscription agreement and shareholders agreement with Lalganj Power. Heidelbergcement will procure around 22 GW hours/annum of solar power under captive arrangement for operating its plant located in Uttar Pradesh. It will also subscribe to 36.36 lakh equity shares of Rs 10 each of Lalganj Power, at a premium of Rs 3.2 per share, aggregating to Rs 4.8 crore

Power Grid Corporation of India: To inject Rs 425 crore in Energy Efficiency Services, a joint venture company of POWERGRID, NTPC, PFC and REC.

Indraprastha Gas: The company has entered into an agreement with Kinetic Green Energy & Power Solutions, for setting up battery swapping stations initially at Delhi/NCR and thereafter at mutually agreed locations The two companies plan to setup 50 battery swapping chargers for two-wheelers and three-wheelers by the end of this financial Year. According to the agreement, IGL will be involved in creating the infrastructure whereas Kinetic will provide the technology part.

Wipro: The company has partnered with IP Infusion to drive disaggregated network solutions and foster innovation. The solutions will
simplify management across 5G networks, enhance network automation, and reduce CapEx and OpEx, the company said.

Bajaj Finserv: To incorporate a wholly owned subsidiary for alternate investments. The subsidiary will focus on investing in start-ups and property. Bajaj Finserv will invest up to Rs 300 crore in one or more tranches either in the form of equity or any other security or loan in the
subsidiary.

Earnings: Tata Steel, Bharat Petroleum Corporation Ltd., Eicher Motors, Hero Motocorp, NMDC, Ashok Leyland, Aurobindo Pharma, IRCTC, Housing & Urban Development Corporation, Oil India, Power Finance Corporation, ITI, Natco Pharma, Page Industries, Avanti Feeds, Ashapura Minechem, Bharat Forge, Rashtriya Chemicals & Fertilizers, Clariant Chemicals (India), Dishman Carbogen Amcis, 3M India, Anjani Portland Cement, Dish Tv India, EID-Parry (India), Engineers India, ESAB India, FDC, Finolex Cables, Federal-Mogul Goetze (India), GMM Pfaudler, Gujarat Narmada Valley Fertilizers & Chemicals, GOCL Corporation, Goodyear India, Gujarat Pipavav Port, GR Infraprojects, Gulf Oil Lubricants India, Hindustan Construction Co., Hemisphere Properties India, Hester Biosciences, Indostar Capital Finance, INEOS Styrolution India, IRCON International, JB Chemicals & Pharmaceuticals, KNR Constructions, Matrimony.com, Mazagon Dock Shipbuilders, Mishra Dhatu Nigam, Minda Corporation, MSTC, National Fertilizers, RailTel Corporation of India, Redington (India), Religare Enterprises, Rites, Rail Vikas Nigam, Schneider Electric Infrastructure, Sundram Fasteners, Suryoday Small Finance Bank, Thyrocare Technologies, Trident, Ujjivan Financial Services, Varroc Engineering
World Markets

Dow + 220
Nasdaq - 22
Dax + 55
Nikkei + 74
Hangseng - 185
Sgxnifty + 36 (16318)
Brent Crude 71.39
Dow Fut - 19
Dollar Index 92.91
*This is to inform you that on account of settlement holiday on August 16, 2021 being Parsi New Year, multiple settlements have been scheduled on August 18, 2021.*
 
*Please note that shares bought on August 13, 2021 should not be sold on August 16, 2021 as trades done on both these days will be settled together on August 18, 2021.*
*Researchbytes Analyst App Beta*
https://play.google.com/store/apps/details?id=com.intelegain.rb

*Researchbytes Events Update*
As of 07:13 AM Thursday 12 August 2021
Can set alert at for them at www.researchbytes.com

*9:30 AM Greaves Cotton*
(Results, Investor/Analyst Presentation)
Dial: +91 22 6280 1341

*11:00 AM Ugro Capital*
(Annual Report)
Webinar:
https://tinyurl.com/9s2hkw8d


*11:00 AM Endurance Techn*
Dial: +91 22 6280 1145

*11:00 AM Praj Industries*
(Investor/Analyst Presentation)
Dial: 02262801141

*11:30 AM Aster DM Health*
Dial: +91 22 7195 0000

*12:00 PM Kolte-Patil*
(Investor/Analyst Presentation)
Dial: +91 22 6280 1141

*12:00 PM Talbros Auto*
(Investor/Analyst Presentation)
Dial: +91 22 6280 1309

*12:30 PM Ashoka Buildcon*
(Investor/Analyst Presentation)
Dial: +91 22 6280 1210

*2:00 PM Bharat Forge*
Dial: +91 22 6280 1333

*2:00 PM Ion Exchange*
Dial: +91 22 6280 1341

*2:30 PM Antony Waste Handling*
Dial: +91 22 6280 1259

*3:00 PM Lemon Tree Hote*
(Results, Investor/Analyst Presentation)
Dial: +91 22 6280 1141

*3:00 PM Gati*
Dial: +91 22 6280 1224

*3:30 PM Max India *
Webinar:
https://tinyurl.com/57b86svf


*3:30 PM Ahluwalia*
(Results)
Dial: +9122 62801148

*4:00 PM Ashiana Housing*
(Investor/Analyst Presentation)
Webinar:
https://tinyurl.com/hknhxy3x


*4:00 PM PTC India*
(Investor/Analyst Presentation)
Email Id:
hemant@fortunapr.com,nitin@fortunapr.com,vikas@fortunapr.com,sonu@fortunapr.com


(Investor/Analyst Presentation)
Webinar:
https://tinyurl.com/9nsub58p


*4:00 PM Shalby *
(Investor/Analyst Presentation)
Dial: +91 22 6280 1146

*4:00 PM Pidilite Ind*
Dial: +91 22 6280 1230

*4:00 PM Va Tech Wabag*
(Investor/Analyst Presentation, Annual Report)
Dial: +91 22 6280 1256

*4:00 PM Deepak Fert*
(Annual Report)
Dial: +91 22 6280 1259

*4:00 PM PNC Infratech*
Dial: +91 22 6280 1259

*4:00 PM Coal India*
Dial: 02262801384

*4:30 PM Tribhovandas*
(Investor/Analyst Presentation)
Dial: +91 22 6280 1341

*5:00 PM Minda Corp*
Dial: +91 22 6280 1116

*5:00 PM Page Industries*
Dial: +91 22 6280 1468

*5:30 PM Redington*
Dial: +91 22 6280 1309

*6:00 PM GMM Pfaudler*
Dial: 02262801107

*6:00 PM Natco*
Dial: +91 22 6280 1245

*6:30 PM Eicher Motors*
Webinar:
https://tinyurl.com/zkvnj8ru


*Lupin* *:* (replay)
https://www.researchbytes.com/webcast.aspx?WID=233487

*3i Infotech* *:* (replay)
https://www.researchbytes.com/webcast.aspx?WID=233488

*VIP Industries* *:* (replay)
https://www.researchbytes.com/webcast.aspx?WID=233479

*Bajaj Electric* *:* (replay)
https://www.researchbytes.com/webcast.aspx?WID=233478

*Pricol* *:* (replay)
https://www.researchbytes.com/webcast.aspx?WID=233483

*Insecticides* *:* (replay)
https://www.researchbytes.com/webcast.aspx?WID=233485

*Kamdhenu* *:* (replay)
https://www.researchbytes.com/webcast.aspx?WID=233462

*Cadila Pharmaceuticals * *:* (replay)
https://www.researchbytes.com/webcast.aspx?WID=233486

*Advanced Enzyme* *:* (replay)
https://www.researchbytes.com/webcast.aspx?WID=233484

*CenturyPlyboard* *:* (replay)
https://www.researchbytes.com/webcast.aspx?WID=233439

*Results today…*
https://www.researchbytes.com/Default.aspx?cc=result

*Recent interviews…*
https://www.researchbytes.com/Default.aspx?cc=interview


Replays available at www.researchbytes.com
#RESULTS #Today

#NiftyWaali
1⃣ Hero MotoCorp
2⃣ Tata Steel
3⃣ BPCL
4⃣ Eicher Motors

#VaydaWaali
1⃣ Ashok Leyland
2⃣ Aurobindo Pharma
3⃣ Bharat Forge
4⃣ IRCTC
5⃣ NMDC
6⃣ Page Industries
7⃣ PFC



#CashWaale
Apollo Micro Systems
Avanti Feeds
EID Parry
EIL
Finolex Cables
GNFC
GoodYear
HUDCO
IRCON
ITI
Matrimony
Mazagon Dock
Mishra Dhatu
Minda Corp
Natco Pharma
Oil India
RailTel
RCF
Redington
RITES
RVNL
Thyrocare
Ujjivan Fin Svcs, etc