Stocks Picker Articles

11 Jan 2025 13:11

JUST DIAL Q3 : NET PROFIT DOWN 15 % AT 131 CR (QOQ) , UP 42 % (YOY)

REVENUE UP 1 % AT 287.3 CR (QOQ) ,UP 8 % (YOY)

EBITDA UP 6 % AT 86.8 CR (QOQ) , UP 43 % (YOY)

MARGINS AT 30.15 % V 28.8 % (QOQ) , 22.78 % (YOY)

Stocks Picker Articles

11 Jan 2025 11:54

https://x.com/anandchokshi19/status/1877698088761958625?t=vsSTC4FdmuvHvrHf5h2nRA&s=35

Stocks Picker Articles

11 Jan 2025 11:53

https://x.com/anandchokshi19/status/1877977738356707426?t=s9DpcIxHZnLXghM6GSL9Vg&s=35

Stocks Picker Articles

11 Jan 2025 11:48

https://x.com/anandchokshi19/status/1878012224922357805?t=-e2f4hDPMWHiKlOFgmEUIg&s=35

Stocks Picker Articles

10 Jan 2025 17:50

GNA Axles Q3 Results

Net profit up 13% at ₹25.4 cr vs ₹22.5 cr (YoY)

Revenue up 5% at ₹375 cr vs ₹357 cr (YoY)

EBITDA up 11.3% at ₹52.4 cr vs ₹47 cr (YoY)

EBITDA Margin at 14% vs 13.2% (YoY)

Stocks Picker Articles

10 Jan 2025 17:49

Con-call Highlights - TataElxsi Ltd

Current Financial Performance:

- Revenue: Rs. 939.2 crores, with a 2.7% increase year-over-year (YoY) but a 1.7% decline quarter-over-quarter (QoQ). Constant currency (CC) sees a 2.0% YoY increase and remains flat QoQ.
- Profitability:
- EBITDA Margin stands at 26.3%
- Profit Before Tax Margin is 26.1%
- Profit Before Tax: Rs. 255.8 crores, experiencing a 6.6% YoY drop and a 14.3% QoQ decline.
- Profit After Tax: Rs. 199.0 crores, marking a 3.6% YoY decrease and a 13.3% QoQ decrease.

Operational Performance:

- Geographical Growth: Expansion led by new customers in Asia Pacific and Japan.
- Transportation Sector:
- Achieved 0.5% QoQ growth in CC.
- Facing extended deal closure times and reduced European spending.
- Notable agreement with Suzuki Motor Corporation to develop connected, EV, and ADAS technologies at their Pune ODC.
- Exploring future opportunities in commercial vehicles, off-road, aerospace, avionics, and defense.
- Media & Communications:
- 0.4% QoQ growth in CC, despite it being a typically soft quarter due to furloughs.
- Secured a large deal with a US-based multi-system operator.
- Established a Center of Excellence of Test Automation lab in Frankfurt.
- Healthcare & Lifesciences:
- Recorded 1.1% QoQ growth in CC.
- Gained new high-profile customers with innovations in Gen AI-powered digital engineering.
- Signed a significant contract with a global medical device OEM for AI-driven regulatory workflow and complaints management.
- System Integration & Support: Decision-making delays in large projects have affected revenue.
- Workforce Metrics:
- Headcount increased by 85 during this period.
- Attrition rate is a low 12.4%.

Future Outlook:

- Projecting cautious optimism for the upcoming financial year.
- Anticipates growth from automotive deals previously won.
- Foresees stabilization in the US market, accelerated growth in APAC and India, while Europe could remain slow.
- Signs point to a growth resurgence in Healthcare and Media & Communications sectors.
- Strategic deals are being developed across major verticals.
- Plans for ongoing investment in innovative product development, focusing on Software Defined Vehicles (SDV) and battery technology.

Concerns:

- Volatility persists in the European automotive market.
- Prolonged deal closures in the Transportation sector.
- Delays in substantial System Integration & Support projects.
- Facing price competition within the Indian market.
- Encountering competitive pressure from Chinese firms in Western automotive markets.

Additional Insights:

- Prioritizing collaborations and partnerships to enhance market presence.
- Aiming for selective M&A endeavors, targeting smaller companies for synergistic growth.
- Focused on fostering expertise in aerospace, avionics, defense, and electric vehicles (EVs).
- Leveraging strengths in design, digital competencies, and solid customer relations.
- Dedicated to improving billability and utilization for enhanced margin growth.

* Machine generated highlights, exercise diligence

Stocks Picker Articles

10 Jan 2025 13:29

INDIA INDUSTRIAL PRODUCTION (YOY) (NOV) ACTUAL: 5.2% VS 3.5% PREVIOUS; EST 4.0%

INDIA CUMULATIVE INDUSTRIAL PRODUCTION (NOV) ACTUAL: 4.10% VS 4.00% PREVIOUS

INDIA MANUFACTURING OUTPUT (MOM) (NOV) ACTUAL: 5.8% VS 4.1% PREVIOUS

Stocks Picker Articles

10 Jan 2025 06:43

BSE Management Says 2025 will be a great year for BSE - ET NOW

IPO pipeline is strong, Rs 1lk crore expected to be raised from markets
Notional volumes down 45%, but quality of premiums have improved
Will make headways for data vending business

Planning to start new index business

Overall premium fell 15-16% in the market

Fall in market premiums have reduced marginally

Regulators have made progressive steps for SME IPO space

Focus on infra, talent creation for BSE

Should diversify our revenue mix going ahead

Stocks Picker Articles

10 Jan 2025 04:29

EXIDE , AMARA , AUTO ; Govt Charged Up for Battery Parts Sops - ET

To aid EV industry growth, heavy industries ministry identifying components that need financial support for local production

Stocks Picker Articles

10 Jan 2025 04:27

Con-call Highlights - TataElxsi Ltd

Current Financial Performance:

- Revenue: Rs. 939.2 crores, with a 2.7% increase year-over-year (YoY) but a 1.7% decline quarter-over-quarter (QoQ). Constant currency (CC) sees a 2.0% YoY increase and remains flat QoQ.
- Profitability:
- EBITDA Margin stands at 26.3%
- Profit Before Tax Margin is 26.1%
- Profit Before Tax: Rs. 255.8 crores, experiencing a 6.6% YoY drop and a 14.3% QoQ decline.
- Profit After Tax: Rs. 199.0 crores, marking a 3.6% YoY decrease and a 13.3% QoQ decrease.

Operational Performance:

- Geographical Growth: Expansion led by new customers in Asia Pacific and Japan.
- Transportation Sector:
- Achieved 0.5% QoQ growth in CC.
- Facing extended deal closure times and reduced European spending.
- Notable agreement with Suzuki Motor Corporation to develop connected, EV, and ADAS technologies at their Pune ODC.
- Exploring future opportunities in commercial vehicles, off-road, aerospace, avionics, and defense.
- Media & Communications:
- 0.4% QoQ growth in CC, despite it being a typically soft quarter due to furloughs.
- Secured a large deal with a US-based multi-system operator.
- Established a Center of Excellence of Test Automation lab in Frankfurt.
- Healthcare & Lifesciences:
- Recorded 1.1% QoQ growth in CC.
- Gained new high-profile customers with innovations in Gen AI-powered digital engineering.
- Signed a significant contract with a global medical device OEM for AI-driven regulatory workflow and complaints management.
- System Integration & Support: Decision-making delays in large projects have affected revenue.
- Workforce Metrics:
- Headcount increased by 85 during this period.
- Attrition rate is a low 12.4%.

Future Outlook:

- Projecting cautious optimism for the upcoming financial year.
- Anticipates growth from automotive deals previously won.
- Foresees stabilization in the US market, accelerated growth in APAC and India, while Europe could remain slow.
- Signs point to a growth resurgence in Healthcare and Media & Communications sectors.
- Strategic deals are being developed across major verticals.
- Plans for ongoing investment in innovative product development, focusing on Software Defined Vehicles (SDV) and battery technology.

Concerns:

- Volatility persists in the European automotive market.
- Prolonged deal closures in the Transportation sector.
- Delays in substantial System Integration & Support projects.
- Facing price competition within the Indian market.
- Encountering competitive pressure from Chinese firms in Western automotive markets.

Additional Insights:

- Prioritizing collaborations and partnerships to enhance market presence.
- Aiming for selective M&A endeavors, targeting smaller companies for synergistic growth.
- Focused on fostering expertise in aerospace, avionics, defense, and electric vehicles (EVs).
- Leveraging strengths in design, digital competencies, and solid customer relations.
- Dedicated to improving billability and utilization for enhanced margin growth.

* Machine generated highlights, exercise diligence

Stocks Picker Articles

10 Jan 2025 04:18

*Forthcoming Event*

10th January: CESC, PCBL to consider Dividend; TeleCanor Global, Muthoot Capital Services to consider Fund Raising

13th January: HCLTECH to consider Dividend; Swagtam Trading & Services, Zee Media Corporation to consider Fund Raising; Mangalam Global Enterprise to consider Stock Split

15th January: Oasis Securities to consider Stock Split & Fund Raising

16th January: Julien Agro Infratech to consider Dividend & Fund Raising

18th January: Kotak Mahindra Bank to consider Fund Raising

21st January: KEI to consider Dividend

22nd January: COFORGE to consider Dividend

Stocks Picker Articles

10 Jan 2025 04:04

IREDA Q3 UPDATES

Sharp improvement in spreads; asset quality deteriorates

Key ratios
CRAR at 19.63% vs 23.88% YOY & vs 20.24% QOQ
Cost to income ratio at 3.69% vs 14.1% YOY & vs 17.7% QOQ
Spreads at 2.28% vs 2.05%YOY & vs 2.12%QOQ
NIM at 3.33% vs 3.2% YOY & vs 3.34% QOQ

Asset quality – QOQ
GNPA at Rs1845.5cr vs Rs1415cr, up 30.4%
NNPA at Rs1024cr vs Rs666cr, up 53.75%
GNPA ratio at 2.68% vs 2.19%
NNPA ratio at 1.5% vs 1.04%
PCR at 44.5% vs 52.9%

Business Momentum
Sanctions at Rs13227cr, up 45%YOY & 52.9%QOQ
Disbursements at Rs7449cr, up 25.3%YOY & 67%QOQ
AUM at Rs68960cr vs Rs50580cr, up 36.3%YOY & vs Rs64564cr, up 6.8%QOQ
(Disbursal to AUM ratio jumps to 59% vs 30.4%QOQ)

P&L momentum
NII at Rs622.25cr vs Rs448.1cr, up 38.85%YOY & vs Rs546.9cr, up 13.8%QOQ
Other income at Rs44.5cr, down 1.25%YOY & 16.5%QOQ
Opex at Rs24.6cr, down 64.5%YOY & 76.9%QOQ
Operating profits at Rs641.2cr, up 51.5%YOY & 30.1%QOQ
Provisions at Rs104cr, up 175.7%YOY & 207.3%QOQ
PAT at Rs425.4cr vs Rs335.5cr, up 26.8%YOY & vs Rs387.75cr, up 9.7%QOQ

Stocks Picker Articles

10 Jan 2025 03:56

*Stocks In Action*

*Kalyan Jewellers* : The company designs, manufacture and sells a range of gold, studded and other jewellery products across various price points. It is one of the largest jewellery retailers in India.The company posted a phenomenal Q3FY25 result update with top line growth of 39% YoY. India operations revenue witnessed a growth of 41%YoY , led by very strong festive and wedding demand across both gold and studded categories. Q3FY25 recorded healthy same-store-sales-growth of approximately 24% YoY as well addition of 24 new Kalyan showrooms. Digital-first jewellery platform, Candere, recorded a revenue growth of approximately 89%YoY .Currently, the company has a strong pipeline of showrooms set to open over the course of the coming quarter. Globally, the company posted a strong revenue growth of 22% YoY in middle east, it also launched its first showroom in the United States of America. Going Forward, the management aims to launch 30 Kalyan showrooms and 15 Candere showrooms in India for FY25. For FY 2026, the company has a plan to launch 170 showrooms across Kalyan and Candere formats.The breakup of this expansion will be: 75 Kalyan showrooms (all FOCO) in non-south India, 15 Kalyan showrooms (all FOCO) across south India and international markets and 80 Candere showrooms in India. *Positive on Kalyan Jewellers given the strong fundamentals and performance of the company*.

*Uno Minda* : The Company is a leading supplier of Proprietary Automotive Solutions to Original Equipment ManufactureRs (OEMs). It is engaged in the business of manufacturing of auto electrical parts and components such as switches, lighting, alloywheels, horns, seating systems, seatbelts, sensors, controllers, handle bar assemblies, wheel cover, blow molded products and ancillary services. In Q2FY25, UNO MINDA reported a highest ever quarterly operating revenue of Rs 42,44.8 cr, growing 17.2% YoY, The gross margin was at 35.1%, increasing by 76 bps YoY .Q2FY25 EBITDA was Rs 4,82.4 cr, up 20.1% YoY. EBITDA margin was at 11.4%, uo 28 bps YoY. PAT for the quarter was Rs 2,45.2 cr, which grew by 9.0% YoY. Switching revenue (24.9% of revenue) for Q2FY25 stood at Rs 1,057 cr (+13.3% YoY) . The growth was driven by strong performance in both 2-wheeler and 4-wheeler segments. Going forward The company’s aggressive expansion in high growth auto components such as alloy wheels, LED lighting, sensors, ADAS, and EV chargers along with capacity expansions can be expected to drive robust revenue growth through higher kit value and stronger client relationship. *Positive on Uno Minda given the strong fundamentals and performance of the company.*

Stocks Picker Articles

09 Jan 2025 15:52

Biggest FIIs single day selling after 28 nov

Total selling crosses 2 lac crore since 27 sept 24

9th Jan 2025
*FIIs: - 7,171 Cr
*DIIs: + 7,640 Cr

Total FII Selling in Jan 25: -19,102 Cr
Total FII Selling in Dec : -17,007 Cr
Total FII Selling from 27th Sept till date date :-2,04,844 Cr

Stocks Picker Articles

09 Jan 2025 13:40

TCS Q3

* Revenue at Rs 63973 crore versus poll Rs 64333 crore
* EBIT at Rs 15657 crore versus poll Rs 15759 crore
* EBIT margin at 24.47% versus poll 24.48%
* Net profit at Rs 12380 crore versus poll Rs 12362 crore
* Interim dividend of INR 10 and a special dividend of INR 66 per Equity Share (Record Date 17th January)

(Numbers seen inline with estimates)

Stocks Picker Articles

11 Jan 2025 13:11

M&M: British International Investment (BII) completes its 2022 commitment with a ₹650 crore investment into Mahindra Electric Automobile Limited (MEAL).

This investment, part of the final tranche, is led by BII India EV LP and backed by prominent climate-focused investors like the Asian Infrastructure Investment Bank, OP Finnfund Global Impact Fund I, and Finnfund.

The investment does not affect MEAL's current shareholder structure.

Stocks Picker Articles

11 Jan 2025 11:54

https://x.com/anandchokshi19/status/1877916382660268363?t=EkiPvSaBB2P4C6hqn76rOQ&s=35

Stocks Picker Articles

11 Jan 2025 11:52

https://x.com/anandchokshi19/status/1877931985806483481?t=whTqCIwezXSlwWhfH0ivKQ&s=35

Stocks Picker Articles

10 Jan 2025 17:50

VODA IDEA ; Promoter Vodafone Completes Placing Of Remaining m Shares In Indus Towers

To Use Funds To Repay Outstanding Borrowings

Completes Placing Of Remaining 79.2 m Shares In Indus Towers

Stocks Picker Articles

10 Jan 2025 17:50

*U.S. Non-Farm Employment Change*

Current: 256k
Expected: 164k
Previous: 227k

*U.S. Unemployment Rate*

Current: 4.1%
Expected: 4.2%
Previous: 4.2%

*U.S. Average Hourly Earnings m/m*

Current: 0.3%
Expected: 0.3%
Previous: 0.4%


(Data seen higher than estimates, supportive for U.S. Dollar)

Stocks Picker Articles

10 Jan 2025 14:20

Fund Flow Activity:
10 January 2025 (Rs. In Crs.)

Turnover: (NSE + BSE)

Cash Volume: 93383.55 + 5916.14 Total: 99299.69
F&O Volume: 12262882.6 + 5504218.13 Total: 17767100.73

Provisional Cash

FII/FPI: NET SELL:-2254.68
(10097.02 – 12351.70)

DII: NET BUY: +3961.92
(14293.73 – 10331.81)

Stocks Picker Articles

10 Jan 2025 13:28

LT FOOD , DAWAT ; India's basmati rice exports in 2024 are likely to have hit all-time highs both in terms of volume and value, industry players and experts say - informist

Stocks Picker Articles

10 Jan 2025 06:43

United Breweries: The company has reiterated its commitment to continuing investments in Telangana. It noted that nearly 70% of the consumer price for its beer brands comprises state taxes, while the current basic price to Telangana accounts for approximately 16% of the cost to consumers.

Stocks Picker Articles

10 Jan 2025 04:27

Brokerage on TCS

Nuvama: Buy, Target Rs 5200/Sh

Jefferies: Buy Target Rs 4760/Sh

Bernstein: OP Target Rs 4700/Sh

MS: Overweight, Target Rs 4660/Sh

HSBC: Hold, Target Rs 4540/Sh

CLSA: Buy, Target Rs 4546/Sh

Nomura: Neutral, Target Rs 4020/Sh

Stocks Picker Articles

10 Jan 2025 04:27

Ashika - Offer for Sale (OFS) - Update

Company: Adani Wilmar Ltd.

Selling Shareholder: Adani Commodities LLP (Promoter)

Offer size: Upto 25,99,35,722 equity shares of Rs. 1/- each (Base Size: Upto 17,54,56,612 equity shares and Oversubscription Option: Upto 8,44,79,110 equity shares)

Reservation portion for Retail: 10% of offer size (Upto 2,59,93,573 equity shares of Rs. 1/- each) (Base Size: Upto 1,75,45,662 equity shares and Oversubscription Option: Upto 84,47,911 equity shares)

Floor Price: Rs. 275.00 per share (Discount of 15.11% to Last Close Price as on January 09, 2025)

Offer Size at Floor Price: Rs. 7148.2 crore (Base Size: Rs. 4825.1 crore and Oversubscription Option: Rs. 2323.2 crore)

Trade Date for non-Retail investors (T): Friday, January 10, 2025

Trade Date for Retail Investors (T+1): Monday, January 13, 2025

Selling Broker: Antique Stock Broking Ltd., ICICI Securities Ltd., Jefferies India Pvt. Ltd., Nuvama Wealth Management Ltd., SBICAP Securities Ltd.

Note: As per SEBI OFS Guidelines, Retail bids below the Cut-Off price shall not be eligible for allocation.

Stocks Picker Articles

10 Jan 2025 04:17

*Corporate Actions*

Adani Commodities LLP, one of the promoters, is set to sell up to 20% of its equity stake in Adani Wilmar via an offer-for-sale (OFS) on January 10 and January 13. The OFS will include a base issue size of 13.50% equity and a green-shoe option of 6.50% equity. The floor price for the issue has been fixed at Rs 275 per share.

*Dividend*

*10-Jan-25*
VTMLTD: Interim Dividend - Rs. - 0.25

*17-Jan-25*
TCS: Interim Dividend - Rs. – 76.00

*IPO*
Laxmi Dental: Open: 13-Jan-25; Close: 15-Jan-25

*Buyback*
---

*Bonus*
Mayukh Dealtrade: Bonus Issue 3:5; Ex-Date: 17-Jan-25
B. N. Rathi Securities: Bonus Issue 1:1; Ex-Date: 24-Jan-25

*Stock Split*
Shriram Finance: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 10-Jan-25
Shardul Securities: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 13-Jan-25
Regis Industries: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 16-Jan-25
Jai Balaji Industries: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 17-Jan-25
Nava: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 20-Jan-25
B. N. Rathi Securities: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 24-Jan-25

*Right Issue*
Moksh Ornaments: Open: 30-Dec-24; Close: 10-Jan-25
Murae Organisor: Open: 30-Dec-24; Close: 13-Jan-25
Quasar India: Open: 20-Dec-24; Close: 17-Jan-25
Pro Fin Capital Services: Open: 09-Jan-25; Close: 24-Jan-24
Camlin Fine Sciences: Open: 17-Jan-25; Close: 27-Jan-24
Dhanlaxmi Bank: Open: 08-Jan-25; Close: 28-Jan-24
Harshil Agrotech: Open: 10-Jan-25; Close: 05-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24

*Open Offer*
India Cements: Open: 08-Jan-25; Close: 21-Jan-24
Prataap Snacks: Open: 16-Jan-25; Close: 29-Jan-24

Stocks Picker Articles

10 Jan 2025 03:57

*Fund Houses Recommendations*


Macquarie on *IRCTC:* Initiate Outperform on Company, target price at Rs 900/Sh (Positive)

Jefferies on *Piramal Pharma:* Maintain Buy on Company, raise target price at Rs 310/Sh (Positive)

Jefferies on *Syngene:* Upgrade to Buy on Company, raise target price at Rs 890/Sh (Positive)

Nomura on *Marico:* Maintain Buy on Company, target price at Rs 760/Sh (Positive)

Nomura on *HUL:* Maintain Buy on Company, target price at Rs 3100/Sh (Positive)

Nomura on *ITC:* Maintain Buy on Company, target price at Rs 575/Sh (Positive)

Nuvama on *TCS:* Maintain Buy on Company, raise target price at Rs 5200/Sh from Rs 5100/Sh (Positive)

CLSA on *TCS:* Upgrade to Buy on Company, raise target price at Rs 4546/Sh from Rs 4251/Sh (Positive)

Jefferies on *TCS:* Maintain Buy on Company, target price at Rs 4760/Sh from Rs 4251/Sh (Positive)

Bernstein on *TCS:* Maintain Outperform on Company, target price at Rs 4700/Sh (Positive)

CLSA on *Bajaj Finance:* Maintain Outperform on Company, target price at Rs 9200/Sh (Positive)

DAM on *Lloyds Metals:* Initiate Buy on Company, target price at Rs 1905/Sh (Positive)

Citi on CGDs: Positive on CGDs as APM gas allocation restores margins; top picks are *MGL, IGL, and GAIL* (Positive)

Nomura on *Consumption:* Positive on staples and paints (Positive)

Nomura on *TCS:* Maintain Neutral on Company, cut target price at Rs 4020/Sh from Rs 4050/Sh (Neutral)

MS on *TCS:* Maintain Overweight on Company, target price at Rs 4660/Sh (Neutral)

HSBC on *TCS:* Maintain Hold on Company, target price at Rs 4540/Sh (Neutral)

Jefferies on *Laurus Lab:* Maintain Underweight on Company, raise target price at Rs 450/Sh (Neutral)

CLSA on *Eicher Motors:* Maintain Hold on Company, target price at Rs 4883/Sh (Neutral)

MS on *Tata Elxsi:* Maintain Underweight on Company, target price at Rs 6000/Sh (Neutral)

JP Morgan on *JSW Steel:* Maintain Overweight on Company, cut target price at Rs 1010/Sh (Neutral)

JP Morgan on *Tata Steel:* Maintain Overweight on Company, cut target price at Rs 155/Sh (Neutral)

JP Morgan on *Hindalco:* Maintain Overweight on Company, cut target price at Rs 435/Sh (Neutral)

JP Morgan on *Metals:* Cuts targets across metals on weaker volumes and tighter spreads (Negative)

JP Morgan on *NMDC:* Downgrade to Neutral on Company, cut target price at Rs 57/Sh (Negative)

JP Morgan on *Coal India:* Maintain Neutral on Company, cut target price at Rs 435/Sh (Negative)

GS on *Indusind Bank:* Downgrade to Neutral on Company, cut target price at Rs 1090/Sh (Negative)

Jefferies on *Gland Pharma:* Downgrade to Underweight on Company, cut target price at Rs 1630/Sh (Negative)

Stocks Picker Articles

10 Jan 2025 03:46

*Stocks in News*


*Mazagon Dock:* Company delivers sixth Scorpene class submarine Vaghsheer to Indian Navy. (Positive)

*Indegene:* CliniOps Announces Strategic Partnership with Company to Accelerate Clinical Trials (Positive)

*Polyplex Corporation:* Company announced a plan to add 52,400 MTPA of BOPET Film manufacturing capacity in India by H1 FY2027-28. This Approx. Rs 558 Cr investment. (Positive)

*Aarti Pharmalabs:* Company has announced the acquisition of a 26.25% stake in Pro-Zeal Green Energy Five Private Limited, a solar power generation and transmission company.. (Positive)

*IRB Infrastructure:* Toll revenue grows 19% YoY to Rs 58 crore in December 2024. (Positive)

*TCS:* Interim dividend of INR 10 and a special dividend of INR 66 per Equity Share (Positive)

*Surya Roshni:* Company gets order worth ₹81.47 crore from BPCL for CGD project on pan India basis. (Positive)

*Adani Total Gas:* Company gets a 20% hike in APM gas allocation, effective January 16 (Positive)

*Mahanagar Gas:* Domestic gas allocations to company have been revised upwards by 26% w.e.f January 16 (Positive)

*Yash Highvoltage:* Company has entered into a Memorandum of Understanding (MOU) with M/s. Electrolink Power Solutions Limited, UK. (Positive)

*Senores Pharma:* Company receives ANDA approval for marketing Metoprolol Tartrate and Hydrochlorothiazide Tablet USP, 50 mg/25 mg (Positive)

*Waaree Technologies:* Company has received order of batteries and invertor on January 08, 2025, from a customer engaged in the trading activities (Positive)

*Fredun Pharmaceuticals:* Company launches India’s First Advanced Diagnostic Centre Exclusively for Pets/Companion Animals (Positive)

*Vodafone Idea:* Board approves raising Rs 1,910 cr at issue price of Rs 11.3/share (Positive)

*Phoenix Mills:* Retail consumption for Q3 FY25 reached approximately ₹3,998 crore, marking a 21% increase compared to Q3 FY24. (Positive)

*Samvardhan Motherson:* Company announced significant measures through its indirect subsidiary, MSSL Consolidated Inc. (MSSL Consol), to secure Prysm Systems’ assets and patented technology. (Positive)

*Swiggy:* Swiggy Instamart expands to 75+ cities, to launch a parallel standalone app. (Positive)

*BGR Energy:* The rectification order has dropped the tax liability of ₹35.07 crore. (Positive)

*Emami:* Company targets Rs 1,000 crore revenue with new 'Smart and Handsome' brand in male grooming market. (Positive)

*Teamo Productions:* Company announced plans to raise up to Rs 50 Cr through a rights issue of equity shares. (Neutral)

*Bombay Wire:* Company announced the resignation of its Company Secretary and Compliance Officer, Ms. Sayli Ashok Munj, effective January 10, 2025 (Neutral)

*TCS:* Net profit at Rs 12,380 cr vs Rs 11,909 cr, Revenue at Rs 63,973 cr vs Rs 64,259 cr. (QoQ) (Neutral)

*IREDA:* Net Profit Up 26.8% at ₹425.4 Cr Vs ₹335.5 Cr, NII Up 39% At ₹622.3 Cr Vs ₹448.1 Cr (YoY) (Neutral)

*Generic Engineering:* MS Krishna Sharma resigned as Company Secretary and Compliance Officer of Company. (Neutral)

*Asian Warehousing:* Company appointed Mr Pankaj Prabhakar Kamble as its new Chief Financial Officer, effective January 9, 2025. (Neutral)

*HCL Infosystems:* Company announced the resignation of its Company Secretary and Compliance Officer, Ms. Komal Bathla, effective February 25, 2025. (Neutral)

*Le Merite Exports Ltd:* Company announced receiving significant orders totaling Approx. Rs 6.50 Cr. (Neutral)

*Indian Overseas Bank:* Bank to sell 46 NPA accounts worth ₹11,500 crore. (Neutral)

*Reliance Ind:* Company to announce Q3 FY2024-25 numbers on 16th January 2025 (Neutral)

*Equitas Small Finance Bank:* Company revises interest rates for its savings accounts customers. (Neutral)

*Hindustan Zinc:* Company disclosed a penalty of ₹35.35 crore imposed by the Office of the Deputy Commissioner of State Tax, Udaipur. (Neutral)

*Tata Elaxi:* Net profit at Rs 199 cr vs Rs 229 cr, Revenue at Rs 939 cr vs Rs 955 cr. (QoQ) (Negative)

Stocks Picker Articles

09 Jan 2025 13:40

*TATA ELXSI:*

Q3 SL NET PROFIT 1.99B RUPEES VS 2.29B (QOQ)
Q3 REVENUE 9.39B RUPEES VS 9.55B (QOQ)
Q3 EBIT 2.21B RUPEES VS 2.39B (QOQ)
Q3 EBIT MARGIN 23.49% VS 25% (QOQ)

(NUMBERS TRAILED QOQ)

Stocks Picker Articles

09 Jan 2025 13:40

*Fund Flow Activity:*
09 January 2025 (Rs. In Crs.)

*Turnover: (NSE + BSE)*

*Cash Volume:* 89207.16 + 5459.4 Total: 94666.56
*F&O Volume:* 38517309.47 + 1300340.62 Total: 39817650.09

*Provisional Cash*

*FII/FPI: NET SELL: -7170.87*
(8537.05 - 15707.92)

*DII: NET BUY: +7639.63*
(16727.63 - 9088)