*Edelweiss Financial Services Ltd. -C* | *CMP* Rs. 56 | *M Cap* Rs. 5217 Cr | *52 W H/L* 135/30
(Nirmal Bang Retail Research)
*Result continued to remain weak*
_Segment Revenue_
Agency Business came at Rs. 365 Cr vs YoY Rs. 275 Cr, QoQ Rs. 238 Cr
Capital Based Business came at Rs. 756 Cr vs YoY Rs. 1450 Cr, QoQ Rs. 774 Cr
Life Insurance came at Rs. 444 Cr vs YoY Rs. 290 Cr, QoQ Rs. 399 Cr
ARC came at Rs. 430 Cr vs YoY Rs. 372 Cr, QoQ Rs. 360 Cr
Total Income came at Rs. 2223 Cr vs YoY Rs. 2405 Cr, QoQ Rs. 1920 Cr
_Segment Result_
Capital Based Business came at Rs. -221 Cr vs YoY Rs. 1 Cr, QoQ Rs. -278 Cr
Life Insurance came at Rs. -84 Cr vs YoY Rs. -67 Cr, QoQ Rs. -84 Cr
Total Segmental EBIT came at Rs. -27 Cr vs YoY Rs. 108 Cr, QoQ Rs. -243 Cr
PBT came at Rs. -31 Cr vs YoY Rs. 108 Cr, QoQ Rs. -243 Cr
PAT came at Rs. -49 Cr vs YoY Rs. 51 Cr, QoQ Rs. -245 Cr
Quarter EPS is Rs. -0.5
Share is trading at P/E of 7.5x FY22E EPS & 0.9x trailing P/BV https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*Jay Bharat Maruti Ltd.* | *CMP* Rs. 228 | *M Cap* Rs. 495 Cr | *52 W H/L* 271/91
(Nirmal Bang Retail Research)
*Result has improved *
Revenue from Operations came at Rs. 391.8 Cr (458% QoQ, -4.7% YoY) vs QoQ Rs. 70.2 Cr, YoY Rs. 411 Cr
EBIDTA came at Rs. 37.5 Cr (-467.5% QoQ, 25% YoY) vs QoQ Rs. -10.2 Cr, YoY Rs. 30 Cr
EBITDA Margin came at 9.6% vs QoQ -14.5%, YoY 7.3%
Adj. PAT came at Rs. 9.2 Cr vs QoQ Rs. -21 Cr, YoY Rs. 3.8 Cr
Quarter EPS is Rs. 4.2
Share is trading at P/E of 103.9x TTM EPS. https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*Motilal Oswal Financial Services Ltd. -C* | *CMP* Rs. 565 | *M Cap* Rs. 8258 Cr | *52 W H/L* 905/426
(Nirmal Bang Retail Research)
*Result has improved*
_Segmental Revenue_
Broking came at Rs. 421.6 Cr vs YoY Rs. 301.9 Cr, QoQ Rs. 343.4 Cr
Fund based acitivity came at Rs. 203.5 Cr vs YoY Rs. 27 Cr, QoQ Rs. 148.5 Cr
Asset management came at Rs. 180.8 Cr vs YoY Rs. 191.5 Cr, QoQ Rs. 150.1 Cr
Investment banking came at Rs. 2 Cr vs YoY Rs. 8.3 Cr, QoQ Rs. 0.4 Cr
Home Finance came at Rs. 136 Cr vs YoY Rs. 146.3 Cr, QoQ Rs. 133.3 Cr
Total income came at Rs. 811.2 Cr vs YoY Rs. 618.1 Cr, QoQ Rs. 725.8 Cr
_Segmental Results_
Broking came at Rs. 117.9 Cr vs YoY Rs. 67.2 Cr, QoQ Rs. 84.4 Cr
Fund based acitivity came at Rs. 193.4 Cr vs YoY Rs. 23 Cr, QoQ Rs. 140 Cr
Asset management came at Rs. 63.1 Cr vs YoY Rs. 63.8 Cr, QoQ Rs. 41.9 Cr
Investment banking came at Rs. -2 Cr vs YoY Rs. 2.8 Cr, QoQ Rs. -5.2 Cr
Home Finance came at Rs. 16.9 Cr vs YoY Rs. -17.4 Cr, QoQ Rs. 24.1 Cr
PBT came at Rs. 300.5 Cr vs YoY Rs. 126.2 Cr, QoQ Rs. 190.5 Cr
PAT (After MI) came at Rs. 298.9 Cr vs YoY Rs. 142.3 Cr, QoQ Rs. 166.7 Cr
Quarter EPS is Rs. 20.6
Share is trading at P/E of 13.3x FY22E EPS & 2.3x trailing P/BV. https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*Sundaram-Clayton Ltd.* | *CMP* Rs. 1687 | *M Cap* Rs. 3408 Cr | *52 W H/L* 2349/971
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 5463.6 Cr (170.3% QoQ, 4.7% YoY) vs QoQ Rs. 2021.1 Cr, YoY Rs. 5220.8 Cr
EBIDTA came at Rs. 676.1 Cr (1250.6% QoQ, 8% YoY) vs QoQ Rs. 50.1 Cr, YoY Rs. 626 Cr
EBITDA Margin came at 12.4% vs QoQ 2.5%, YoY 12%
Adj. PAT came at Rs. 196.5 Cr vs QoQ Rs. -156.6 Cr, YoY Rs. 80.8 Cr
Quarter EPS is Rs. 97.3
Share is trading at P/E of 12.7x TTM EPS. https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*Reliance Industries Ltd.* | *CMP* Rs. 2054 | *M Cap* Rs. 1302113 Cr | *52 W H/L* 2371/867
(Nirmal Bang Retail Research)
*Result inline with Expectation*
*GRM Came at $5.7 v/s expectation of $6.0 QoQ $6.3 yoy $9.4*
*ARPU came at Rs.145 vs QoQ 140.3 YoY Rs.120*
*Retail area under operation came at 29.7mnsq ft vs QoQ 29mn Sq ft yoy 24.5mn Sa ft*

Revenue from Operations came at Rs. 111236 Cr (26% QoQ, -25.1% YoY) vs expectation of Rs. 112392.9 Cr, QoQ Rs. 88253 Cr, YoY Rs. 148526 Cr
EBIDTA came at Rs. 18945 Cr (12.3% QoQ, -14.5% YoY) vs expectation of Rs. 19103.4 Cr, QoQ Rs. 16875 Cr, YoY Rs. 22152 Cr
EBITDA Margin came at 17% vs expectation of 17%, QoQ 19.1%, YoY 14.9%
Adj. PAT came at Rs. 9567 Cr vs expectation of Rs. 8597.9 Cr, QoQ Rs. 8267 Cr, YoY Rs. 11262 Cr
Quarter EPS is Rs. 15.1
Share is trading at P/E of 20.9x FY22E EPS https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*DLF Ltd.* | *CMP* Rs. 158 | *M Cap* Rs. 39110 Cr | *52 W H/L* 267/115
(Nirmal Bang Retail Research)
*Fresh Booking Came at Rs.853cr vs QoQ Rs.152cr YoY Rs.725cr*
*Result Ahead of Expectation*
Revenue from Operations came at Rs. 1609.8 Cr (193.4% QoQ, -6.2% YoY) vs expectation of Rs. 876 Cr, QoQ Rs. 548.6 Cr, YoY Rs. 1715.5 Cr
EBIDTA came at Rs. 463.1 Cr (26669.9% QoQ, 32.2% YoY) vs expectation of Rs. 0 Cr, QoQ Rs. 1.7 Cr, YoY Rs. 350.3 Cr
EBITDA Margin came at 28.8% vs expectation of 0%, QoQ 0.3%, YoY 20.4%
Adj. PAT came at Rs. 328.4 Cr vs expectation of Rs. 37 Cr, QoQ Rs. -70.7 Cr, YoY Rs. 302.3 Cr
Quarter EPS is Rs. 1.3
Share is trading at P/E of 22.6x FY22E EPS https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*NEWS DIGEST to START the Day (31 OCT 2020, Saturday) 5 Minutes Read - updated at 0740HRS IST*

*World: 45,898,590; Death 1,193,744 (2.60%) Active 11,456,025 (25%) Recovery 33,248,821(72%)*

_India: 8,136,166; Death 121,681 (1.50%) Active 583,574 (7%) Recovery 7,430,911 (91%)_

IPL 2020: Rajasthan Royals Keep Playoff Hopes Alive, End King XI Punjab's Winning Streak by 7 Wkts

*India Test-fires BrahMos Supersonic Cruise Missile from Fighter Jet, Hits Sinking Ship with 'Deadly Accuracy'*

_Kulgam Shooting Not Alone, 8 Kashmir Leaders Killed Since May. New Challenge for Forces Amid Poll Preps?_

Kerala, Goa and Chandigarh Best Governed States and Union Territory, Says PAC Ranking

*Highway to Mizoram Remains Blocked as Aizawl Refuses to Pull Back Forces from Disputed Areas*

_9-year-old Delhi Boy Dies in Firecracker Accident After Steel Glass Gets Stuck in His Chest_

Tamil Nadu Governor Clears Bill Giving 7.5% Quota in Medical Admissions for Govt School Students

*Supreme Court Grants Custody of Child to Kenya-based Father in Transnational Guardianship Case*

_Jharkhand: Truck carrying CRPF jawans overturns in bid to save cattle, 11 injured_

Malabar 2020 to be held in two phases as ‘non-contact, at sea only’ joint naval exercise (US, Aus, Jpn)

*'Mind Games': Drs are Coming across More and More Cases of Neurological Disorders Linked to Virus*

_Delhi Covid Cases Above 5,000 For 3rd Straight Day, Spike In ICU Patients; 35% beds are occupied_

ICMR: BCG Vaccine Can Help (induce innate immune memory, which confers protection against several infections) Elderly Fight against Coronavirus

*Johnson & Johnson plans to start testing its experimental COVID-19 vaccine in youths aged 12 - 18 as soon as possible*

_Europeans Urge Wider Curbs As COVID Sweeps Continent, Batters US; 91K cases/day; 17 states highest_

Forex Reserves Surge $5.4 Billion to All-time High of $560.532 Billion: RBI Data

*India could be on the verge of falling into a debt trap, courtesy the coronavirus pandemic*

_Floor price must for sector health; co not shy to take first step on tariff hike issue: Vodafone Idea_

Construction fast-tracked at China PLA's first overseas base in Djibouti - strategic port on the mouth of the Red Sea with easy access to the Arabian Sea, th Persian Gulf and the Indian Ocean.

*12 Dead and Over 400 Injured in Turkey, 2 Killed On Samos as Major Earthquake Hits Aegean Sea*

_Greek PM Calls Erdogan to Offer Condolences Over Earthquake; France Offers Help to Turkey & Greece_

Russian Interference in US Elections Minimal So Far But Threat Remains Potent; vulnerability of state and local government networks is a big worry.

*Vivek Murthy, Obama's Man With Roots in Karnataka, is Biden's Key Strategist in US Presidential Polls*

_US: 'People Without Masks, Crowded Together': Biden Says Trump Rallies are 'Super-spreader' Events_

Hong Kong Says It Will Take US to WTO Against Donald Trump’s 'Made in China' Label Rule

*IPL: Chris Gayle 1st Player to Smash 1000 Sixes in T20s During Innings of 99; Pollard at No 2 with 690*

Today’s Word - *Fandangle*- a useless or purely ornamental thing. https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

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*Unichem Laboratories Ltd.* | *CMP* Rs. 251 | *M Cap* Rs. 1767 Cr | *52 W H/L* 305/75
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 317.5 Cr (0.1% QoQ, 7.4% YoY) vs QoQ Rs. 317.3 Cr, YoY Rs. 295.6 Cr
EBIDTA came at Rs. 29.9 Cr (147.3% QoQ, -211.4% YoY) vs QoQ Rs. 12.1 Cr, YoY Rs. -26.8 Cr
EBITDA Margin came at 9.4% vs QoQ 3.8%, YoY -9.1%
Adj. PAT came at Rs. 8.7 Cr vs QoQ Rs. 2.4 Cr, YoY Rs. -22.2 Cr
Quarter EPS is Rs. 1.2 https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*Deepak Nitrite Ltd.* | *CMP* Rs. 742 | *M Cap* Rs. 10121 Cr | *52 W H/L* 888/297
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 987.3 Cr (46.4% QoQ, -1.6% YoY) vs QoQ Rs. 674.5 Cr, YoY Rs. 1003.3 Cr
EBIDTA came at Rs. 276 Cr (51.9% QoQ, 10.2% YoY) vs QoQ Rs. 181.6 Cr, YoY Rs. 250.5 Cr
EBITDA Margin came at 27.9% vs QoQ 26.9%, YoY 25%
Adj. PAT came at Rs. 170.2 Cr vs QoQ Rs. 99 Cr, YoY Rs. 150.4 Cr
Quarter EPS is Rs. 12.5
Share is trading at P/E of 14.9x FY22E EPS https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*Sheela Foam Ltd.* | *CMP* Rs. 1310 | *M Cap* Rs. 6393 Cr | *52 W H/L* 1780/1101
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 607.8 Cr (126% QoQ, 22.2% YoY) vs QoQ Rs. 269 Cr, YoY Rs. 497.3 Cr
EBIDTA came at Rs. 106.4 Cr (282.3% QoQ, 51% YoY) vs QoQ Rs. 27.8 Cr, YoY Rs. 70.5 Cr
EBITDA Margin came at 17.5% vs QoQ 10.4%, YoY 14.2%
Adj. PAT came at Rs. 69.8 Cr vs QoQ Rs. 11.3 Cr, YoY Rs. 58.7 Cr
Quarter EPS is Rs. 14.3
Share is trading at P/E of 24.6x FY22E EPS https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*Hester Biosciences Ltd.* | *CMP* Rs. 1760 | *M Cap* Rs. 1496 Cr | *52 W H/L* 1900/864
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 53.4 Cr (34% QoQ, 20.8% YoY) vs QoQ Rs. 39.9 Cr, YoY Rs. 44.2 Cr
EBIDTA came at Rs. 15.8 Cr (32.8% QoQ, 43% YoY) vs QoQ Rs. 11.9 Cr, YoY Rs. 11.1 Cr
EBITDA Margin came at 29.6% vs QoQ 29.9%, YoY 25%
Adj. PAT came at Rs. 6.7 Cr vs QoQ Rs. 5.7 Cr, YoY Rs. 6.5 Cr
Quarter EPS is Rs. 7.9
Share is trading at P/E of 56.1x TTM EPS https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*Fineotex Chemical Ltd.* | *CMP* Rs. 30 | *M Cap* Rs. 334 Cr | *52 W H/L* 37/12
(Nirmal Bang Retail Research)
*Result is ok*
Revenue from Operations came at Rs. 54.7 Cr (80.2% QoQ, 7.3% YoY) vs QoQ Rs. 30.4 Cr, YoY Rs. 51 Cr
EBIDTA came at Rs. 10 Cr (142.3% QoQ, -1.4% YoY) vs QoQ Rs. 4.1 Cr, YoY Rs. 10.1 Cr
EBITDA Margin came at 18.2% vs QoQ 13.5%, YoY 19.8%
Adj. PAT came at Rs. 10.5 Cr vs QoQ Rs. 7.8 Cr, YoY Rs. 6.2 Cr
Quarter EPS is Rs. 0.9
Share is trading at P/E of 10.2x TTM EPS https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead

*Relaxo Footwears Ltd.* | *CMP* Rs. 662 | *M Cap* Rs. 16431 Cr | *52 W H/L* 830/488
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 575.9 Cr (58.4% QoQ, -7.4% YoY) vs expectation of Rs. 505.2 Cr, QoQ Rs. 363.6 Cr, YoY Rs. 621.8 Cr
EBIDTA came at Rs. 126.9 Cr (122.6% QoQ, 21.2% YoY) vs expectation of Rs. 86.5 Cr, QoQ Rs. 57 Cr, YoY Rs. 104.7 Cr
EBITDA Margin came at 22% vs expectation of 17.1%, QoQ 15.7%, YoY 16.8%
Adj. PAT came at Rs. 75.1 Cr vs expectation of Rs. 44.7 Cr, QoQ Rs. 24.2 Cr, YoY Rs. 70.5 Cr
Quarter EPS is Rs. 3
Share is trading at P/E of 52.1x FY22E EPS https://t.me/marketswizard

https://t.me/BooksMakeIndiaRead