Stock market essentials: November 4
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IDFC First Bank to mull raising of capital for the next one year
Capri Global Board Meet to consider increase in the issue size of proposed rights issue of equity shares of the Company by partial modification to earlier resolution
Jagran Prakashan Board meet to consider and approve the proposal for buyback
Rainbow Children’s Medicare Lock-in Period For Pre-IPO shareholders ends on Nov 5
IPO
- Bikaji Foods IPO day two
- Gets 67% shares demand on first day
- Global Health’s IPO day two
- Gets 26% shares demand on first day
- Fusion Micro Finance last day
- Gets 29% shares demand on 2nd day
Earnings Today
Nifty: Cipla, Titan, Britannia
Others:
Akzo Nobel India, TTK Prestige, CAMS, Marico, Escorts, TVS Motor, Tatva Chintan, Sterlite Tech Mahindra Logistics, Capri Global, Cummins India, Minda Corp, City Union Bank, Chemplast, Go Fashion, Godrej Agrovet, Gail, Wockhardt, Interglobe Aviation, Dreamfolks Services, Harsha Engineers, Paradeep Phosphates
Oil & Gas
- Brent Crude at $94/bbl Vs $95/bbl
- Singapore GRM at $5.6/bbl Vs $3.2/bbl
- Asia Spot Gas prices at $27.8/mmBtu Vs $29.1/mmBtu
FII/DII Data:
- FIIs net bought worth Rs 677 cr of shares on Nov 3 (prov)
- DIIs net sold worth Rs 732 cr of shares on Nov 3
FII F&O Cash Data:
Index futures net sell Rs 1007 cr
Index options net buy Rs 6867 cr
Stock futures net sell Rs 45.7 cr
Stock options net sell Rs 72 cr
Total FII net buy Rs 5742 cr in F&O
F&O Ban
PNB
LIC Housing
Bulk/Block Deal:
NSE: Nothing Significant
BSE: Nothing Significant
Earnings
Balmer Lawrie Cons
Revenue at Rs. 551 cr vs Rs. 489 cr, up 12.8% YoY
Net Profit at Rs. 18 cr vs Rs. 15 cr, up 19.5% YoY
Ajanta Pharma CONS
Revenue at Rs. 938 cr vs Rs. 885 cr, up 6% YoY
Net Profit at Rs. 157 cr vs Rs. 196 cr, down -20.1% YoY
EBITDA at Rs. 196 cr vs Rs. 263 cr, down -25.3% YoY
EBITDA Margin at 20.9% vs 29.7%, down -877 bps YoY
JK LAXMI CEMENT CONS
Revenue at Rs. 1374 cr vs Rs. 1209 cr, up 13.6% YoY
EBITDA at Rs. 164 cr vs Rs. 194 cr, down -15.5% YoY
Net Profit at Rs. 62 cr vs Rs. 87 cr, down -29.2% YoY
EBITDA Margin at 11.9% vs 16.1%, down -412 bps YoY
WELSPUN CORP CONS
Revenue at Rs. 1964 cr vs Rs. 1542 cr, up 27.3% YoY
EBITDA at Rs. -60 cr vs Rs. 32 cr, YoY
Net Profit at Rs. -63 cr vs Rs. 55 cr, YoY
EBITDA Margin at -3% vs 2.1%, down -513 bps YoY
BLUE STAR CONS
Revenue at Rs. 1576 cr vs Rs. 1240 cr, up 27.1% YoY
EBITDA at Rs. 86 cr vs Rs. 71 cr, up 21.1% YoY
Net Profit at Rs. 43 cr vs Rs. 31 cr, up 35.6% YoY
EBITDA Margin at 5.4% vs 5.7%, down -27 bps YoY
SKF CONS
Revenue at Rs. 1078 cr vs Rs. 966 cr, up 11.6% YoY
EBITDA at Rs. 215 cr vs Rs. 160 cr, up 34.3% YoY
Net Profit at Rs. 156 cr vs Rs. 118 cr, up 32.5% YoY
EBITDA Margin at 19.9% vs 16.5%, up 337 bps YoY
Sanofi India
Revenue at Rs. 692 cr vs Rs. 755 cr, down -8.3% YoY
EBITDA at Rs. 182 cr vs Rs. 199 cr, down -8.5% YoY
Net Profit at Rs. 131 cr vs Rs. 530 cr, down -75.3% YoY
EBITDA Margin at 26.3% vs 26.3%, down -6 bps YoY
Compnay had exceptional profit of 489 crore in September quarter 2021
Hero Moto standalone
Revenue at Rs. 9075 cr vs Rs. 8453 cr, up 7.4% YoY
Net Profit at Rs. 716 cr vs Rs. 794 cr, down -9.9% YoY
EBITDA at Rs. 1038 cr vs Rs. 1066 cr, down -2.6% YoY
EBITDA Margin at 11.4% vs 12.6%, down -117 bps YoY
Amara Raja Batteries Consolidated
Revenue at Rs. 2700 cr vs Rs. 2264 cr, up 19.3% YoY
Net Profit at Rs. 201 cr vs Rs. 144 cr, up 39.4% YoY
EBITDA at Rs. 359 cr vs Rs. 269 cr, up 33.3% YoY
EBITDA Margin at 13.3% vs 11.9%, up 140 bps YoY
Adani Enterprises Consolidated
Revenue at Rs. 38175 cr vs Rs. 13218 cr, up 188.8% YoY
EBITDA at Rs. 1869 cr vs Rs. 883 cr, up 111.8% YoY
EBITDA Margin at 4.9% vs 6.7%, down -178 bps YoY
Net Profit at Rs. 461 cr vs Rs. 212 cr, up 117% YoY
JINDAL STAINLESS HISAR CONS
Revenue at Rs. 3926 cr vs Rs. 3743 cr, up 4.9% YoY
EBITDA at Rs. 323 cr vs Rs. 567 cr, down -43.1% YoY
Net Profit at Rs. 254 cr vs Rs. 497 cr, down -49% YoY
EBITDA Margin at 8.2% vs 15.1%, down -693 bps YoY
GMM Consolidated
Revenue at Rs. 780 cr vs Rs. 647 cr, up 20.5% YoY
EBITDA at Rs. 119 cr vs Rs. 94 cr, up 26.7% YoY
Net Profit at Rs. 65 cr vs Rs. 35 cr, up 87.8% YoY
EBITDA Margin at 15.2% vs 14.5%, up 74 bps YoY
Vodafone Idea CONS
Revenue at Rs. 10611 cr vs Rs. 10407 cr, up2% QoQ
EBITDA at Rs. 4093 cr vs Rs. 4325 cr, down-5.4% QoQ
Loss of Rs 7596 cr vs Loss of Rs 7297 cr,
EBITDA Margin at 38.6% vs 41.6%, down -298 bps QoQ
Ethos Consolidated
Revenue at Rs. 178 cr vs Rs. 134 cr, up 32.3% YoY
EBITDA at Rs. 26 cr vs Rs. 13 cr, up 102.8% YoY
Net Profit at Rs. 14 cr vs Rs. 3 cr, up 411.3% YoY
EBITDA Margin at 14.7% vs 9.6%, up 510 bps YoY
Schneider Electric Consolidated
Revenue at Rs. 421 cr vs Rs. 302 cr, up 39.5% YoY
EBITDA at Rs. 19 cr vs Rs. 4 cr, up 417.9% YoY
Net Profit at Rs. 9 cr vs Rs. -9 cr,
EBITDA Margin at 4.5% vs 1.2%, up 327 bps YoY
Mangalore Chem
Revenue at Rs. 283 cr vs Rs. 728 cr, down -61.1% YoY
EBITDA Loss Rs. 19 cr vs Ebitda Rs. 65 cr
Loss 32 cr vs PAT 29 cr
SIYARAM SILK MILLS Consolidated
Revenue at Rs. 636 cr vs Rs. 480 cr, up 32.3% YoY
EBITDA at Rs. 119 cr vs Rs. 85 cr, up 41.1% YoY
Net Profit at Rs. 80 cr vs Rs. 53 cr, up 51.5% YoY
EBITDA Margin at 18.8% vs 17.6%, up 116 bps YoY
Rain Industries Consolidated
Revenue at Rs. 5577 cr vs Rs. 3849 cr, up 44.9% YoY
EBITDA at Rs. 915 cr vs Rs. 633 cr, up 44.6% YoY
Net Profit at Rs. 403 cr vs Rs. 236 cr, up 71.2% YoY
EBITDA Margin at 16.4% vs 16.4%, down -3 bps YoY
Orient Electric, YoY
Revenue at `510 cr vs `594 cr, down 14%
Loss of `0.4 cr vs PAT `34.7 cr
EBITDA at `11.6 cr vs 61.9 cr, down 81.2%
Margin 2.3% vs 10.4%
STOCKS IN NEWS:
Wipro
Wipro Appoints Amit Choudhary as Chief Operating Officer
Cochin Shipyard
Bagged an international order for constructing 2 nos. of Commissioning Service Operation Vessels from a European Client
Estimated project cost for the firm order is ~Rs. 1000 cr & completion time is 35 months.
Option to build 4 more of such vessels to be exercised by the Owner within a period of one year
Welspun Corp
Approved acquisition of entire share capital of Propel Plastic Products Private Limited
Persistent Systems
Announced a strategic partnership with Software AG for Industry Solutions
EROS INTERNATIONAL MEDIA LTD
Received SEBI Letter for appointment of Forensic Auditor
Exchange has sought clarification from Eros International Media Limited with respect to non-disclosure of SEBI letter dated Oct 31, 2022 regarding Forensic Audit Assignment
NHPC
Credit Rating Agency S&P Global Ratings has revised the outlook on NHPC to stable from negative. It has also affirmed its ”BBB-” long-term issuer credit rating of NHPC.
Mangalore Chemicals and Fertilizers
Mr. Shubhabrata Saha, Managing Director has resigned from the services of the Company
EClerx Services
To consider and approve, the proposal for buy back of its fully paid-up equity shares of the Company in its board meeting which is to be held on Thursday, November 10, 2022.
IndiaMART InterMESH
Entered into an agreement to invest Rs. 15.12 Crores in Mobisy Technologies(Bizom)
Co to purchase 17,963 Eq Sh & 1,05,607 Compulsorily Convertible Cumulative Preference Shares from existing shareholders of Bizom in addition to the existing shareholding of 17.12% on fully diluted basis
Others
From Bloomberg
- India Sees 220B Rupees Investment in 141 Coal Mines on Auction
- Coal mines to be auctioned under India’s sixth tranche for commercial mining is expected to generate 200 billion rupees ($2.4 billion) of revenue for state governments once operationalized, according to M. Nagaraju, additional secretary at the coal ministry.
- Mines expected to see investment of 220 billion rupees
- Mines spread over 12 states include 72 explored blocks and 69 partially explored mines, said Coal Secretary Amrit Lal Meena
- Govt will allow bidders to surrender partial mines in case of difficulties
- Private sector will be alloted coal mines if state-run companies are not able to explore, Coal Minister Pralhad Joshi said at the same conference
- India targeting coal production of 900m tons this year
- Want to ensure power supply across India at affordable prices: Joshi
- India aims 100m tons coal gasification
FROM AGENCIES
Saudi Arabia Lowers Oil Prices for Asia as Economies Weaken
WHITE HOUSE’S KLAIN
- US not in a recession
- US economy is growing, it’s creating jobs
- Bharat Electronics in pact with Motorola
- Adani Enterprises names Omkar Goswami as Independent Director
- Meta India head Ajit Mohan steps down; Ajit Mohan departs to join SNAP
- India Foreign Minister Jaishankar to visit Russia from Nov 7: Agencies
- BOE Raises key interest rate by 75 basis points to 3%
- Former Pak PM Imran Khan injured in firing at a rally
Investor/ Analyst Meet:
- UltraTech Cement Investor meeting to be held on Friday, 4th November,- DWS Investment GmbH
- KIRLOSKAR BROTHERS Nov 14 at 2:30 p.m. conference call with the Analysts and Investors
- Gujarat State Fertilizers & Chemicals conference call with analysts is scheduled to be held on 10th November, 2022 from 3.30 pm
- UNION BANK Meet of Analysts/Investors of the Bank to be held on 04.11.2022
- UNO MINDA :Conference Call, 10th Nov;Time: 04:00 PM,
- NAZARA
- Nov 04 – JM Financial Hyderabad Nomura IIFL B&K Securities Spark Capital Dolat Capital Aditya Birla Sunlife Insurance
- Nov 05 :MOSL UTI MF Dolat Capital Bajaj Allianz Life Insurance
Earnings Calls
- CARYSIL : 10 NovTime: 4:30 PM, IST
- Akzo Nobel : 4 November 2022
- PUNJAB CHEMICALS : 11:00 A.M. on November 7,
- HARSHA ENGINEERS 4th November at 6:30 pm
- Suprajit Engineering November 15 at 11:00 a.m IST
- APAR IND. Conference call Friday, November 4 at 15.30 pm
- Tracxn Technologies: November 9, 2022 at 6:00 P.M
- Welspun India November 08, 2022 at 5:00 P.M
- Suven Pharmaceuticals: November 9, 2022 at 12:00
- MARICO: November 4, 2022 at 6.30 PM
- POKARNA 10th November 2022 at 11:00 A.M.
- Barbeque-Nation :November 9, 2022 at 05:30 PM
- Allcargo Logistics: November 10, 2022 at 15:00 Hrs.
- Valiant OrganicsNovember 10, 2022, at 12:00 PM
- Sequent Scientific :November 08, 2022 at 04:00 P.M
- ZOMATO : November 11, 2022 at 5:00 PM IST
- ETHOS : 7th day of November, 2022 at 10.00 a.m.
- Edelweiss Financial Services November 10, 2022.
- PRATAAP SNACKS: 7th November, 2022 at 4:30 p.m
- ADF FOODS: November 9, 2022 at 5:00 PM
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