Important Announcement 📢
Payment Details of Market Wizard has changed. Please take note of New Payment Details.
⏩GOOGLE PAY
MARKET WIZARD Mobile No - 9820456934
⏩BANK TRANSFER
SATISH KANTILAL SHETH
ACC No - 54000371858
IFSC Code - SBIN0000552
Branch - CHINCHOLI MALAD (W)
⏩ UPI ID - marketwizard1234@okaxis
Anyone paying on Old Payment Details will not be considered. Take Note for the same.
Payment Details of Market Wizard has changed. Please take note of New Payment Details.
⏩GOOGLE PAY
MARKET WIZARD Mobile No - 9820456934
⏩BANK TRANSFER
SATISH KANTILAL SHETH
ACC No - 54000371858
IFSC Code - SBIN0000552
Branch - CHINCHOLI MALAD (W)
⏩ UPI ID - marketwizard1234@okaxis
Anyone paying on Old Payment Details will not be considered. Take Note for the same.
ITC concerned over share price underperformance despite good earnings, dividend payout: Sanjiv Puri | Business News
https://www.timesnownews.com/business-economy/companies/article/itc-concerned-over-share-price-underperformance-despite-good-earnings-dividend-payout-sanjiv-puri/798150
https://www.timesnownews.com/business-economy/companies/article/itc-concerned-over-share-price-underperformance-despite-good-earnings-dividend-payout-sanjiv-puri/798150
ETNowNews.com
ITC concerned over share price underperformance despite good earnings, dividend payout: Sanjiv Puri
Puri highlighted that the company’s earnings per share increased 47% between 2016-17 and 2019-20, while margins of the non-cigarette FMCG business have improved 640 basis points in the past four years.
TATA STEEL: Q1 CONS NET PROFIT 89.07B RUPEES VS LOSS 44.16B (YOY); EST PROFIT 90B | PROFIT 66.4B (QOQ) || Q1 REVENUE 533.72B RUPEES VS 254.75B (YOY); 499.77B (QOQ)
TATA STEEL: CO SAYS DOMESTIC STEEL PRICES CONTINUE TO BE AT STEEP DISCOUNT TO CHINA IMPORT PARITY PRICES || CO SAYS WORK ON PELLET PLANT, COLD ROLL MILL COMPLEX AND 5 MTPA EXPANSION AT KALINGANAGAR IS ONGOING
TATA STEEL: CO SAYS ACCELERATED CAPEX ALLOCATION FOR 6 MTPA PELLET PLANT AND CRM COMPLEX || CO SAYS 6 MTPA PELLET PLANT AND CRM COMPLEX EXPECTED TO BE COMMISSIONED BY H1 2022
TATA STEEL:Q1 CONS EBITDA RUPEES 161.46B VS 5.20B (YOY); 141.84B (QOQ) || Q1 EBITDA MARGIN 30.25% VS 2.14% (YOY); 28.38% (QOQ)
TATA STEEL: CO SAYS DOMESTIC STEEL PRICES CONTINUE TO BE AT STEEP DISCOUNT TO CHINA IMPORT PARITY PRICES || CO SAYS WORK ON PELLET PLANT, COLD ROLL MILL COMPLEX AND 5 MTPA EXPANSION AT KALINGANAGAR IS ONGOING
TATA STEEL: CO SAYS ACCELERATED CAPEX ALLOCATION FOR 6 MTPA PELLET PLANT AND CRM COMPLEX || CO SAYS 6 MTPA PELLET PLANT AND CRM COMPLEX EXPECTED TO BE COMMISSIONED BY H1 2022
TATA STEEL:Q1 CONS EBITDA RUPEES 161.46B VS 5.20B (YOY); 141.84B (QOQ) || Q1 EBITDA MARGIN 30.25% VS 2.14% (YOY); 28.38% (QOQ)
UK GDP Annual Growth at Record High
Britain's gross domestic product grew by 22.2 percent year-on-year in the second quarter of 2021, ending a five-quarter period of contraction and remaining broadly in line with market expectations of 22.1 percent, a preliminary estimate showed. That was the fastest pace of expansion on record, reflecting a low base year caused by the coronavirus crisis and the re-opening of the economy following the easing of restrictive measures. Household consumption jumped 20.5 percent (vs -11.0 percent in Q1) and fixed investment climbed 21.4 percent (vs -3.2 percent in Q1). In addition, government spending was up 32.9 (vs 3.7 percent in Q1), while net trade contributed negatively to the GDP as imports jumped 17.2 percent and exports rose 2.2 percent. Still, the level of GDP was 4.4 percent below pre-pandemic levels.
Britain's gross domestic product grew by 22.2 percent year-on-year in the second quarter of 2021, ending a five-quarter period of contraction and remaining broadly in line with market expectations of 22.1 percent, a preliminary estimate showed. That was the fastest pace of expansion on record, reflecting a low base year caused by the coronavirus crisis and the re-opening of the economy following the easing of restrictive measures. Household consumption jumped 20.5 percent (vs -11.0 percent in Q1) and fixed investment climbed 21.4 percent (vs -3.2 percent in Q1). In addition, government spending was up 32.9 (vs 3.7 percent in Q1), while net trade contributed negatively to the GDP as imports jumped 17.2 percent and exports rose 2.2 percent. Still, the level of GDP was 4.4 percent below pre-pandemic levels.
INDIA INDUSTRIAL PRODUCTION (YOY) (JUN) ACTUAL: 13.6% VS 29.3% PREVIOUS; EST 13.5%
*NMDC Ltd.* | *CMP* Rs. 174 | *M Cap* Rs. 50919 Cr | *52 W H/L* 213/76
(Nirmal Bang Retail Research)
Volume came at 9.45 mnt vs QoQ 11.09 mnt. YoY 6.28 mnt
*Result above expectation*
Revenue from Operations came at Rs. 6512.2 Cr (-4.9% QoQ, 236.1% YoY) vs expectation of Rs. 7613 Cr, QoQ Rs. 6847.6 Cr, YoY Rs. 1937.5 Cr
Realisation/T came at Rs 6805/T vs QoQ Rs 6174/T, YoY Rs 3088/T
EBIDTA came at Rs. 4177.7 Cr (-1.5% QoQ, 453.4% YoY) vs expectation of Rs. 3799.7 Cr, QoQ Rs. 4242.3 Cr, YoY Rs. 754.9 Cr
EBITDA/T came at Rs 4421/T vs QoQ Rs 3823/T, YoY Rs 1203/T
EBITDA Margin came at 64.2% vs expectation of 49.9%, QoQ 62%, YoY 39%
Adj. PAT came at Rs. 3193 Cr vs expectation of Rs. 2862.1 Cr, QoQ Rs. 2835.9 Cr, YoY Rs. 533.3 Cr
Quarter EPS is Rs. 10.9
Share is trading at EV/EBITDA of 5.52x FY23E EBITDA
(Nirmal Bang Retail Research)
Volume came at 9.45 mnt vs QoQ 11.09 mnt. YoY 6.28 mnt
*Result above expectation*
Revenue from Operations came at Rs. 6512.2 Cr (-4.9% QoQ, 236.1% YoY) vs expectation of Rs. 7613 Cr, QoQ Rs. 6847.6 Cr, YoY Rs. 1937.5 Cr
Realisation/T came at Rs 6805/T vs QoQ Rs 6174/T, YoY Rs 3088/T
EBIDTA came at Rs. 4177.7 Cr (-1.5% QoQ, 453.4% YoY) vs expectation of Rs. 3799.7 Cr, QoQ Rs. 4242.3 Cr, YoY Rs. 754.9 Cr
EBITDA/T came at Rs 4421/T vs QoQ Rs 3823/T, YoY Rs 1203/T
EBITDA Margin came at 64.2% vs expectation of 49.9%, QoQ 62%, YoY 39%
Adj. PAT came at Rs. 3193 Cr vs expectation of Rs. 2862.1 Cr, QoQ Rs. 2835.9 Cr, YoY Rs. 533.3 Cr
Quarter EPS is Rs. 10.9
Share is trading at EV/EBITDA of 5.52x FY23E EBITDA
Live webinar on "Mutual Fund Outlook." by Mr. Harsha Upadhyaya, President & CIO - Equity, Kotak Mahindra Asset Management Company with Ms. Hiral Dadia, Anchor and Editor.
Click here to join: https://youtu.be/vgMpKM4fM00
Click here to join: https://youtu.be/vgMpKM4fM00
YouTube
Mutual Fund Outlook with Mr. Harsha Upadhyaya, President & CIO - Equity, Kotak Mahindra AMC.
Mr. Harsha Upadhyaya, President & CIO - Equity, Kotak Mahindra Asset Management Company discuss Mutual Fund Outlook with Ms.Hiral Dadia, Anchor and Editor.