FUTURE, AMAZON SET TO MULL TRUCE, MAY GO FOR OUT-OF-COURT SETTLEMENT - ECONOMIC TIMES

AUROBINDO PHARMA: CO CLARIFIES ON NEWS ITEM "AUROBINDO, MSN TO HALT PHASE 3 TRIAL IN MODERATE COVID PATIENTS"; CO SAYS DATA HAS BEEN SUBMITTED TO THE DCGI ALREADY

TEJAS NETWORK: VIJAY KEDIA SOLD ITS STAKE OF 1.18% IN CO DURING Q2

Brokrage Reports


GS on Radico Khaitan
Buy, TP Rs 1144


CLSA On Bharti Airtel
Maintain Buy, TP Rs 810


CITI on NMDC
Upgrade to Buy, TP Rs 190


Clsa on tata Steel maintain buy with Tgt price of 1950


JPM on vedl maintain buy with Tgt price of 400


Ms on Tata motors maintain buy with Tgt price of 448


Clsa on coal india Maintain buy with Tgt price of 210


Clsa on Hindalco maintain buy with Tgt price of 570


Ms on tcs maintain buy with Tgt price of 4200

CS on tcs maintain OP with Tgt price of 4550


Citi on NMDC maintain buy with Tgt price of 190

*Ujjivan SFB Bank Q2FY22 Business Update - Neutral*
• Total loans came at Rs. 14508 Cr (+3.4% QoQ; +4% YoY)
• Disbursements came at Rs. 3122 Cr vs QoQ Rs. 1311 Cr & in Q4FY21 Rs. 4274 Cr
• Deposits increased +3% QoQ; +31% YoY
• CASA ratio improved to 22.5% vs QoQ 20.3% & YoY 16.5%
_Asset quality details are more important for this bank and so above details don’t have significant relevance_

*HFCL Ltd.* | *CMP* Rs. 79 | *M Cap* Rs. 10205 Cr | *52 W H/L* 96/16
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 1122.1 Cr (-7% QoQ, 6.4% YoY) vs QoQ Rs. 1206.9 Cr, YoY Rs. 1054.3 Cr
EBIDTA came at Rs. 169.2 Cr (-9.2% QoQ, 26.6% YoY) vs QoQ Rs. 186.3 Cr, YoY Rs. 133.6 Cr
EBITDA Margin came at 15.1% vs QoQ 15.4%, YoY 12.7%
Adj. PAT came at Rs. 81.6 Cr vs QoQ Rs. 87.8 Cr, YoY Rs. 53.9 Cr
Quarter EPS is Rs. 0.6
Share is trading at P/E of 30.3x TTM EPS

*Tata Metaliks Ltd.* | *CMP* Rs. 1136 | *M Cap* Rs. 3586 Cr | *52 W H/L* 1374/488
(Nirmal Bang Retail Research)
*Result has Declined*
Revenue from Operations came at Rs. 644.8 Cr (6.9% QoQ, 24.1% YoY) vs QoQ Rs. 603 Cr, YoY Rs. 519.6 Cr
EBIDTA came at Rs. 99.8 Cr (-35% QoQ, -8.8% YoY) vs QoQ Rs. 153.5 Cr, YoY Rs. 109.5 Cr
EBITDA Margin came at 15.5% vs QoQ 25.5%, YoY 21.1%
Adj. PAT came at Rs. 54.8 Cr vs QoQ Rs. 94.9 Cr, YoY Rs. 82.2 Cr
Quarter EPS is Rs. 17.4
Share is trading at EV/EBITDA of 6.28x FY23E EBITDA

*Delta Corp Ltd.* | *CMP* Rs. 272 | *M Cap* Rs. 7258 Cr | *52 W H/L* 289/103
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 74.7 Cr (-1.5% QoQ, 94.7% YoY) vs QoQ Rs. 75.9 Cr, YoY Rs. 38.4 Cr
EBIDTA came at Rs. -19 Cr (-31.2% QoQ, -57.7% YoY) vs QoQ Rs. -27.6 Cr, YoY Rs. -44.9 Cr
EBITDA Margin came at -25.4% vs QoQ -36.4%, YoY -116.9%
Adj. PAT came at Rs. -22.6 Cr vs QoQ Rs. -28.9 Cr, YoY Rs. -42.2 Cr
Quarter EPS is Rs. -0.8

*Krsnaa Diagnostics Ltd.* | *CMP* Rs. 802 | *M Cap* Rs. 2518 Cr | *52 W H/L* 1100/753
(Nirmal Bang Retail Research)
*Result is declining*
Revenue from Operations came at Rs. 108.3 Cr (-18.3% QoQ, -27.9% YoY) vs QoQ Rs. 132.5 Cr, YoY Rs. 150.2 Cr
EBIDTA came at Rs. 31.9 Cr (-23.1% QoQ, -25.3% YoY) vs QoQ Rs. 41.5 Cr, YoY Rs. 42.8 Cr
EBITDA Margin came at 29.5% vs QoQ 31.3%, YoY 28.5%
Adj. PAT came at Rs. 12.5 Cr vs QoQ Rs. 21.6 Cr, YoY Rs. 22.6 Cr
Quarter EPS is Rs. 4
Share is trading at P/E of 50.2x Q2 annualised EPS

HESTER BIO 2735 ❤️

PSP PROJECT: CO EMERGE AS A LOWEST BIDDER II CONTRACT WORTH 239 CRORE RUPEES

COVAXIN APPROVED FOR CHILDREN BETWEEN 2-18

CINEMA THEATRES CAN OPEN IN MUMBAI FROM OCT 22ND WITH 50% CAPACITY

*GM Breweries Ltd.* | *CMP* Rs. 805 | *M Cap* Rs. 1471 Cr | *52 W H/L* 805/366
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 116 Cr (66.4% QoQ, 59.7% YoY) vs QoQ Rs. 69.7 Cr, YoY Rs. 72.6 Cr
EBIDTA came at Rs. 29.2 Cr (78% QoQ, 91.3% YoY) vs QoQ Rs. 16.4 Cr, YoY Rs. 15.3 Cr
EBITDA Margin came at 25.2% vs QoQ 23.5%, YoY 21%
Adj. PAT came at Rs. 21.9 Cr vs QoQ Rs. 11.6 Cr, YoY Rs. 11.2 Cr
Quarter EPS is Rs. 12
Share is trading at P/E of 14.7x TTM EPS

INDIA DOT OFFICIAL: EXPECT TO AUCTION UP TO 3 PROPERTIES OF BSNL, MTNL BY MAR 31

Dear All,

Nirmal Bang is inviting you to a Zoom webinar.
When: Oct 14, 2021 02:00 PM India
Topic: Mr. Mark Martin, Founder and CEO, Martin Consulting in conversation with Ms. Hiral Dadia, Anchor and Editor.

Register in advance for this webinar:
https://us06web.zoom.us/webinar/register/WN_8JHAf5wqTZmSUK_JwYAAyQ

After registering, you will receive a confirmation email containing information about joining the webinar.

Dear All,

Nirmal Bang is inviting you to a Zoom webinar.
When: Oct 13, 2021 01:00 PM India
Topic: Mr. Sunil Subramaniam, MD, Sundaram Asset Mgmt in conversation with Ms. Hiral Dadia, Anchor and Editor.

Register in advance for this webinar:
https://us06web.zoom.us/webinar/register/WN_3PjxD8t1SfaJcChx8NpSBQ

After registering, you will receive a confirmation email containing information about joining the webinar.

TTL 79.8❤️❤️

TTL 80.5❤️❤️