*ABB India Ltd.* | *CMP* Rs. 896 | *M Cap* Rs. 18986 Cr | *52 W H/L* 1412/722
(Nirmal Bang Retail Research)
*Result ok*
Order book at Rs. 1308 Cr vs Rs. 1606 Cr YoY
Revenue from Operations came at Rs. 1612.2 Cr (63.5% QoQ, -7.6% YoY) vs expectation of Rs. 1475.1 Cr, QoQ Rs. 985.8 Cr, YoY Rs. 1745.6 Cr
EBIDTA came at Rs. 121.4 Cr (417.9% QoQ, -1.6% YoY) vs expectation of Rs. 71.2 Cr, QoQ Rs. 23.4 Cr, YoY Rs. 123.4 Cr
EBITDA Margin came at 7.5% vs expectation of 4.8%, QoQ 2.4%, YoY 7.1%
Adj. PAT came at Rs. 85.5 Cr vs expectation of Rs. 49.8 Cr, QoQ Rs. 14.8 Cr, YoY Rs. 78.8 Cr
Quarter EPS is Rs. 4
Share is trading at P/E of 38.8x FY22E EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Astrazeneca Pharma India Ltd.* | *CMP* Rs. 4296 | *M Cap* Rs. 10740 Cr | *52 W H/L* 4970/1885
(Nirmal Bang Retail Research)
*Result ok*
Revenue from Operations came at Rs. 209.5 Cr (8.2% QoQ, 0.5% YoY) vs QoQ Rs. 193.6 Cr, YoY Rs. 208.5 Cr
EBIDTA came at Rs. 35.5 Cr (24.2% QoQ, 5.7% YoY) vs QoQ Rs. 28.6 Cr, YoY Rs. 33.6 Cr
EBITDA Margin came at 16.9% vs QoQ 14.8%, YoY 16.1%
Adj. PAT came at Rs. 26.3 Cr vs QoQ Rs. 18.6 Cr, YoY Rs. 14.4 Cr
Quarter EPS is Rs. 10.5
Share is trading at P/E of 132.2x TTM EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Gujarat Gas Ltd.* | *CMP* Rs. 301 | *M Cap* Rs. 20721 Cr | *52 W H/L* 335/174
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 2513 Cr (132.1% QoQ, 0% YoY) vs expectation of Rs. 2198.7 Cr, QoQ Rs. 1082.9 Cr, YoY Rs. 2512.9 Cr
EBIDTA came at Rs. 733 Cr (294.6% QoQ, 97.8% YoY) vs expectation of Rs. 426.6 Cr, QoQ Rs. 185.7 Cr, YoY Rs. 370.6 Cr
EBITDA Margin came at 29.2% vs expectation of 19.4%, QoQ 17.2%, YoY 14.7%
Adj. PAT came at Rs. 475.5 Cr vs expectation of Rs. 226.9 Cr, QoQ Rs. 59.1 Cr, YoY Rs. 517 Cr
Quarter EPS is Rs. 6.9
Share is trading at P/E of 17.9x FY22E EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Vinati Organics Ltd.* | *CMP* Rs. 1174 | *M Cap* Rs. 12069 Cr | *52 W H/L* 1419/651
(Nirmal Bang Retail Research)
*Result is marginally below expectations*
Revenue from Operations came at Rs. 219.4 Cr (-5.2% QoQ, -11.9% YoY) vs expectation of Rs. 233.4 Cr, QoQ Rs. 231.6 Cr, YoY Rs. 249.1 Cr
EBIDTA came at Rs. 84.1 Cr (-13.4% QoQ, -15.8% YoY) vs expectation of Rs. 94.1 Cr, QoQ Rs. 97.2 Cr, YoY Rs. 99.9 Cr
EBITDA Margin came at 38.3% vs expectation of 40.3%, QoQ 42%, YoY 40.1%
Adj. PAT came at Rs. 62 Cr vs expectation of Rs. 69.4 Cr, QoQ Rs. 72.3 Cr, YoY Rs. 110 Cr
Quarter EPS is Rs. 6
Share is trading at P/E of 32.8x FY22E EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Berger Paints India Ltd.* | *CMP* Rs. 647 | *M Cap* Rs. 62837 Cr | *52 W H/L* 647/389
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 1742.6 Cr (87.2% QoQ, 9% YoY) vs expectation of Rs. 1500.2 Cr, QoQ Rs. 930.8 Cr, YoY Rs. 1598.6 Cr
EBIDTA came at Rs. 335.2 Cr (264% QoQ, 33.5% YoY) vs expectation of Rs. 258.5 Cr, QoQ Rs. 92.1 Cr, YoY Rs. 251.1 Cr
EBITDA Margin came at 19.2% vs expectation of 17.2%, QoQ 9.9%, YoY 15.7%
Adj. PAT came at Rs. 221.1 Cr vs expectation of Rs. 153.4 Cr, QoQ Rs. 15.4 Cr, YoY Rs. 195 Cr
Quarter EPS is Rs. 2.3
Share is trading at P/E of 73.2x FY22E EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Chambal Fertilisers & Chemicals Ltd.* | *CMP* Rs. 165 | *M Cap* Rs. 6867 Cr | *52 W H/L* 186/94
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 3986.9 Cr (23.9% QoQ, 11.8% YoY) vs QoQ Rs. 3218.7 Cr, YoY Rs. 3566.1 Cr
EBIDTA came at Rs. 742 Cr (25.7% QoQ, 33.1% YoY) vs QoQ Rs. 590.2 Cr, YoY Rs. 557.6 Cr
EBITDA Margin came at 18.6% vs QoQ 18.3%, YoY 15.6%
Adj. PAT came at Rs. 436.7 Cr vs QoQ Rs. 298.8 Cr, YoY Rs. 382.6 Cr
Quarter EPS is Rs. 10.5
Share is trading at P/E of 5.5x FY22E EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Privi Specialty Chemicals Ltd.* | *CMP* Rs. 541 | *M Cap* Rs. 2113 Cr | *52 W H/L* 644/274
(Nirmal Bang Retail Research)
*Result is ok*
Revenue from Operations came at Rs. 307.1 Cr (6.2% QoQ, -5.3% YoY) vs QoQ Rs. 289.2 Cr, YoY Rs. 324.2 Cr
EBIDTA came at Rs. 39.6 Cr (-18.2% QoQ, 9.4% YoY) vs QoQ Rs. 48.4 Cr, YoY Rs. 36.2 Cr
EBITDA Margin came at 12.9% vs QoQ 16.7%, YoY 11.2%
Adj. PAT came at Rs. 17 Cr vs QoQ Rs. 21.2 Cr, YoY Rs. 48 Cr
Quarter EPS is Rs. 4.3

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Muthoot Capital Services Ltd. -S* | *CMP* Rs. 383 | *M Cap* Rs. 630 Cr | *52 W H/L* 664/222
(Nirmal Bang Retail Research)
*Result is ok*
NII came at Rs. 95.8 Cr vs YoY Rs. 87.1 Cr, QoQ Rs. 78.5 Cr
PBP came at Rs. 59.7 Cr vs YoY Rs. 38.2 Cr, QoQ Rs. 50.9 Cr
Provision came at Rs. 38.5 Cr vs YoY Rs. 15.7 Cr, QoQ Rs. 33.4 Cr
PAT came at Rs. 15.7 Cr vs YoY Rs. 14.1 Cr, QoQ Rs. 12.9 Cr
Quarter EPS is Rs. 9.6
Share is trading at P/E of 7.6x FY22E EPS & 1.2x trailing P/BV

# Asset Quality details are awaited

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Aditya Birla Capital Ltd. - C* | *CMP* Rs. 69 | *M Cap* Rs. 16757 Cr | *52 W H/L* 115/37
(Nirmal Bang Retail Research)
*Result is ok*
_Segment Revenue_
NBFC revenue came at Rs. 1410.7 Cr vs YoY Rs. 1558.2 Cr, QoQ Rs. 1393.9 Cr
Life insurance revenue came at Rs. 2380.5 Cr vs YoY Rs. 1791.3 Cr, QoQ Rs. 1929.6 Cr
Asset Management revenue came at Rs. 290.6 Cr vs YoY Rs. 322.8 Cr, QoQ Rs. 258.5 Cr
General insurance Broking revenue came at Rs. 136.9 Cr vs YoY Rs. 116.4 Cr, QoQ Rs. 104.4 Cr
Money Broking revenue came at Rs. 49.4 Cr vs YoY Rs. 40.1 Cr, QoQ Rs. 44.3 Cr
Health insurance revenue came at Rs. 267.8 Cr vs YoY Rs. 148.5 Cr, QoQ Rs. 221.5 Cr
Other Financial Services revenue came at Rs. 31.4 Cr vs YoY Rs. 10.1 Cr, QoQ Rs. 32.1 Cr

Total Income came at Rs. 4894.8 Cr vs YoY Rs. 4312.4 Cr, QoQ Rs. 4306.6 Cr
PBT came at Rs. 359.6 Cr vs YoY Rs. 371.8 Cr, QoQ Rs. 284.7 Cr
PAT came at Rs. 264.3 Cr vs YoY Rs. 255.8 Cr, QoQ Rs. 198.4 Cr
AMC AUM's came at Rs. 250281 Cr vs YoY Rs. 269393 Cr, QoQ Rs. 225713 Cr
Quarter EPS is Rs. 1.1
Share is trading at P/E of 13.1x FY22E EPS & 1.6x trailing P/BV

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

The Public Investment Fund will invest ₹ 9,555 crore (approximately $1.3 billion) for an equity stake of 2.04% into RRVL, a subsidiary of Reliance Industries.

This investment values RRVL at a pre-money equity value of ₹ 4.587 lakh crore (approximately $62.4 billion).

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Somany Ceramics Ltd.* | *CMP* Rs. 225 | *M Cap* Rs. 1384 Cr | *52 W H/L* 253/77
(Nirmal Bang Retail Research)
*Result is above expectations*
Revenue from Operations came at Rs. 423.9 Cr (150.2% QoQ, 0.4% YoY) vs expectation of Rs. 345 Cr, QoQ Rs. 169.4 Cr, YoY Rs. 422.3 Cr
EBIDTA came at Rs. 49.5 Cr (-525.6% QoQ, 10.4% YoY) vs expectation of Rs. 26.2 Cr, QoQ Rs. -11.6 Cr, YoY Rs. 44.8 Cr
EBITDA Margin came at 11.7% vs expectation of 7.6%, QoQ -6.9%, YoY 10.6%
Adj. PAT came at Rs. 21.3 Cr vs expectation of Rs. 2.2 Cr, QoQ Rs. -22 Cr, YoY Rs. 32.6 Cr
Quarter EPS is Rs. 3.5
Share is trading at P/E of 20.2x FY22E EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Godawari Power & Ispat Ltd.* | *CMP* Rs. 381 | *M Cap* Rs. 1341 Cr | *52 W H/L* 381/81
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 876.5 Cr (52.7% QoQ, 28.8% YoY) vs QoQ Rs. 574 Cr, YoY Rs. 680.3 Cr
EBIDTA came at Rs. 199.9 Cr (107.5% QoQ, 79.9% YoY) vs QoQ Rs. 96.3 Cr, YoY Rs. 111.1 Cr
EBITDA Margin came at 22.8% vs QoQ 16.8%, YoY 16.3%
Adj. PAT came at Rs. 94.2 Cr vs QoQ Rs. 24.6 Cr, YoY Rs. 32.8 Cr
Quarter EPS is Rs. 26.8
Share is trading at P/E of 8x TTM EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Minda Corporation Ltd.* | *CMP* Rs. 70 | *M Cap* Rs. 1590 Cr | *52 W H/L* 122/53
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 635.7 Cr (257.2% QoQ, -13.6% YoY) vs QoQ Rs. 178 Cr, YoY Rs. 735.5 Cr
EBIDTA came at Rs. 64.3 Cr (-416.2% QoQ, -6% YoY) vs QoQ Rs. -20.3 Cr, YoY Rs. 68.4 Cr
EBITDA Margin came at 10.1% vs QoQ -11.4%, YoY 9.3%
Adj. PAT came at Rs. 26.9 Cr vs QoQ Rs. -35.4 Cr, YoY Rs. 37.2 Cr
Quarter EPS is Rs. 1.2
Share is trading at P/E of 10.7x FY22E EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Greaves Cotton Ltd.* | *CMP* Rs. 68 | *M Cap* Rs. 1572 Cr | *52 W H/L* 148/66
(Nirmal Bang Retail Research)
*Result is below expectation*
Revenue from Operations came at Rs. 288.2 Cr (95.9% QoQ, -41.2% YoY) vs expectation of Rs. 303.5 Cr, QoQ Rs. 147.1 Cr, YoY Rs. 490 Cr
EBIDTA came at Rs. 17.5 Cr (-180.6% QoQ, -70.5% YoY) vs expectation of Rs. 25.3 Cr, QoQ Rs. -21.7 Cr, YoY Rs. 59.1 Cr
EBITDA Margin came at 6.1% vs expectation of 8.3%, QoQ -14.7%, YoY 12.1%
Adj. PAT came at Rs. 13.1 Cr vs expectation of Rs. 13.7 Cr, QoQ Rs. -24.2 Cr, YoY Rs. 40.2 Cr
Quarter EPS is Rs. 0.6
Share is trading at P/E of 11x FY22E EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*The India Cements Ltd.* | *CMP* Rs. 126 | *M Cap* Rs. 3902 Cr | *52 W H/L* 140/69
(Nirmal Bang Retail Research)
*Result Ahead expectation*
Revenue from Operations came at Rs. 1069 Cr (41.2% QoQ, -14.2% YoY) vs expectation of Rs. 1051.6 Cr, QoQ Rs. 757 Cr, YoY Rs. 1245.7 Cr
EBIDTA came at Rs. 234 Cr (50.2% QoQ, 59% YoY) vs expectation of Rs. 183 Cr, QoQ Rs. 155.7 Cr, YoY Rs. 147.2 Cr
EBITDA Margin came at 21.9% vs expectation of 17.4%, QoQ 20.6%, YoY 11.8%
Adj. PAT came at Rs. 71.4 Cr vs expectation of Rs. 31.2 Cr, QoQ Rs. 17 Cr, YoY Rs. 8.7 Cr
Quarter EPS is Rs. 2.3
Share is trading at P/E of 21.3x FY22E EPS

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

WOCKHARDT: PROMOTER RELEASES PLEDGE OF 1.4M SHARE (1.26% OF EQUITY) ON NOV. 2

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

Super Duper Aggressive Positional Call

Buy Pressman at CMP of 16.25 - 16.5
Add more till 15.8
Sl 15.5 closing basis
Targets:- 17.2 - 17.5 - 17.9 - 18.4 - 18.8 - 19.3
Above 19.5 we will see 21 - 23 - 25+

Disclaimer:- I am not SEBI Registered

ALKEM LABORATORIES: Q2 CONS NET PROFIT 4.7B RUPEES VS 3.71B (YOY); EST 4.1B || Q2 REVENUE 23.6B RUPEES VS 22.64B (YOY)


https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

*Fund Houses Recommendations*


Jefferies: *ABB* India’s margin has further room to expand as business recovers, target price at Rs 1000/sh. (Positive)

Macquarie maintains Buy call on *GUJGAS*, raise target at Rs 330/sh. (Positive)

MS maintains Overweight call on *AB CAP*, raise target at Rs 91/sh. (Positive)

Citi maintains Buy call on *SRF*, raise target at Rs 6417/sh. (Positive)

UBS maintains Buy call on *Godrej CP*, target at Rs 850/sh. (Positive)

CLSA: *Nestle* India’s annual analyst meeting largely addressed investor concern of under delivery in Q2, maintain target at Rs 17670/sh (Neutral)

CLSA maintains Sell call on *Lupin*, target price at Rs 930/sh. (Neutral)

Nomura has to say about *CONCOR* after the co’s Q2 earnings, maintain target at Rs 438/sh (Neutral)

MS has to say about *Dalmia Bharat* Cement’s Q2 earnings, maintain target at Rs 850/sh (Neutral)

Macquarie has a Neutral call on *KEC INT*, maintain target at Rs 325/sh (Neutral)

HSBC maintains Neutral call on *Godrej CP*, target at Rs 705/sh. (Neutral)

https://t.me/marketswizard
https://t.me/BooksMakeIndiaRead

Saudi fund to invest $1.3 billion in RIL's in retail arm; shares rise 2%

https://www.moneycontrol.com/news/business/stocks/saudi-fund-to-invest-1-3-billion-in-rils-in-retail-arm-shares-rise-2-6074131.html

Download moneycontrol app: http://m.moneycontrol.com/mom