PSP PROJECT: CO EMERGE AS A LOWEST BIDDER II CONTRACT WORTH 239 CRORE RUPEES
*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
(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.
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.
Zoom Video Communications
Welcome! You are invited to join a webinar: Mr. Mark Martin, Founder and CEO, Martin Consulting in conversation with Ms. Hiral…
Aviation Outlook.
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.
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After registering, you will receive a confirmation email containing information about joining the webinar.
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:
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After registering, you will receive a confirmation email containing information about joining the webinar.
Zoom Video Communications
Welcome! You are invited to join a webinar: Mr. Sunil Subramaniam, MD, Sundaram Asset Mgmt in conversation with Ms. Hiral Dadia…
Market Outlook.
Tata Motors Rallies Nearly 30% In Four Sessions.
Tata Motors stock has surged nearly seven times from the lockdown low of Rs 63.60 stuck on March 24, 2020.
Delta Corp Surges 9% As Losses Narrow In September Quarter
Delta Corp, the gaming and hospitality company, reported net loss of Rs 22.57 crore in the quarter ended September 2021 from Rs 54.91 crore in the year-ago period
L&T Construction bags orders in the range of Rs 1,000-2,500 cr
Tata Power Solar bags order of ₹538 cr from Energy Efficiency Services Limited (EESL). The commissioning date of the projects is set for 12 months
💥INDIA OFFICIAL: EXPECT TO RAISE INR50 BLN-INR60 BLN VIA SALE OF 12 BSNL, MTNL PROPERTIES
INDIA DOT OFFICIAL: EXPECT TO AUCTION UP TO 3 PROPERTIES OF BSNL, MTNL BY MAR 31
REUTERS
Tata Motors stock has surged nearly seven times from the lockdown low of Rs 63.60 stuck on March 24, 2020.
Delta Corp Surges 9% As Losses Narrow In September Quarter
Delta Corp, the gaming and hospitality company, reported net loss of Rs 22.57 crore in the quarter ended September 2021 from Rs 54.91 crore in the year-ago period
L&T Construction bags orders in the range of Rs 1,000-2,500 cr
Tata Power Solar bags order of ₹538 cr from Energy Efficiency Services Limited (EESL). The commissioning date of the projects is set for 12 months
💥INDIA OFFICIAL: EXPECT TO RAISE INR50 BLN-INR60 BLN VIA SALE OF 12 BSNL, MTNL PROPERTIES
INDIA DOT OFFICIAL: EXPECT TO AUCTION UP TO 3 PROPERTIES OF BSNL, MTNL BY MAR 31
REUTERS
13 OCT,2021
BAN SCRIP-
BANKBARODA
IBULHSGFIN
IRCTC
NATIONALUM
PNB
SAIL
SUNTV
*New in Ban-No*
*Out of Ban-BHEL,CANBANK*
BAN SCRIP-
BANKBARODA
IBULHSGFIN
IRCTC
NATIONALUM
PNB
SAIL
SUNTV
*New in Ban-No*
*Out of Ban-BHEL,CANBANK*
IMF retains India's growth forecast for FY22 at 9.5%
https://www.moneycontrol.com/news/business/economy/imf-retains-indias-growth-forecast-for-fy22-at-9-5-7574971.html
Download moneycontrol app: http://m.moneycontrol.com/mom
https://www.moneycontrol.com/news/business/economy/imf-retains-indias-growth-forecast-for-fy22-at-9-5-7574971.html
Download moneycontrol app: http://m.moneycontrol.com/mom
Moneycontrol
Active COVID-19 Cases In Kerala Drop Below One Lakh; Adds 7,823 New Cases
With 12,490 more people recovering from the virus since Monday, the total recoveries touched 46,85,932 and the active cases dropped to 96,646, the release said.
BHANSALI ENG. Q2 : Const Net profit Up 248 % To Rs 123 cr (YOY), Up 60 % (QOQ)
REVNUE Up 22 % To Rs 374 cr (YOY), Up 62 % (QOQ)
EBITDA Up 256 % to Rs 163 cr (YOY) , Up 62 % (QOQ)
REVNUE Up 22 % To Rs 374 cr (YOY), Up 62 % (QOQ)
EBITDA Up 256 % to Rs 163 cr (YOY) , Up 62 % (QOQ)
Tata Motors Ltd (TML) and TPG Rise Climate have today entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, shall invest in a subsidiary of Tata Motors that will be newly incorporated. TPG Rise Climate along with co-investors shall invest Rs 7,500 Cr in compulsory convertible instruments to secure between 11 % to 15 % stake in this company translating to an equity valuation of up to $9.1 bn.
The new company shall leverage all existing investments and capabilities of Tata Motors Ltd and will channelise the future investments into electric vehicles, dedicated BEV platforms, advanced automotive technologies and catalyse investments in charging infrastructure and battery technologies. Over the next 5 years, this company will create a portfolio of 10 EVs and in association with Tata Power Ltd, catalyse the creation of a widespread charging infrastructure to facilitate rapid EV adoption in India. *Positive*
The new company shall leverage all existing investments and capabilities of Tata Motors Ltd and will channelise the future investments into electric vehicles, dedicated BEV platforms, advanced automotive technologies and catalyse investments in charging infrastructure and battery technologies. Over the next 5 years, this company will create a portfolio of 10 EVs and in association with Tata Power Ltd, catalyse the creation of a widespread charging infrastructure to facilitate rapid EV adoption in India. *Positive*