Stocks Picker Articles

30 Jan 2025 08:38

*BAJAJ FINSERV:* Q3 CONS NET PROFIT 22.3B RUPEES VS 21.6B (YOY) (NUMBERS SEEN BETTER ON YOY)

Stocks Picker Articles

30 Jan 2025 06:41

*Tata Motors Ltd. Q3 FY25 Concall Update*
(Nirmal Bang Retail Research)

*Outlook – Neutral*

*Jaguar Land Rover (JLR)*
• The US market saw strong demand, growing 25% YoY.
• Targeting an EBIT margin of over 10% in Q4 FY25 to meet full-year guidance.
• JLR’s upcoming Range Rover EV launch and new Jaguar lineup are expected to drive growth in FY26.
• China remains a key risk factor, Demand trends remain uncertain, and retail stock levels are being tightly managed.
• JLR remains focused on cost management, warranty reductions, and production efficiencies while shifting towards an electric and luxury focus and maintaining a premium pricing strategy.

*Commercial Vehicles (CV)*
• Commercial vehicle demand is showing early signs of recovery, with buses, vans, and small commercial vehicles witnessing growth.
• Government infrastructure spending is expected to support HCV demand in Q4 and FY26. Additionally, Q4 is expected to be strong due to seasonal factors and improving demand trends.
• Positive demand recovery seen in freight, infrastructure, and bus segments.
• PLI incentives and cost-cutting measures to support margins.
• Electric commercial vehicles gaining traction: Over 3,500 Tata electric buses and 7,200 electric Ace trucks are now on the road.

*Passenger Vehicles (PV) & EV*
• Industry growth is expected to remain flat at ~2% for FY25, with a possible rebound to 6-7% in FY26, depending on macroeconomic conditions.
• Curvv ramp-up and new automatic variants are expected to drive sales growth in Q4.
• PV market share is improving, driven by increasing CNG and EV adoption.
• Tata Motors remains committed to EV expansion, supported by an extensive charging ecosystem and new model launches. The company is expanding EV charging infrastructure with Tata Power to accelerate EV adoption.

*Stock is trading at P/E of 10.5x FY26E EPS*

Stocks Picker Articles

30 Jan 2025 04:18

Forthcoming Event

30th January: BANARBEADS, CLEAN, CONCOR, GAIL, LALPATHLAB, SHANTIGEAR, SHREECEM to consider Dividend; Shivamshree Business to consider Fund Raising; Greenlam Industries to consider Bonus Issue

31st January: CHOLAFIN, INDTONER, MARICO, NESTLEIND, ONGC, SUNPHARMA, TRITURBINE to consider Dividend; Poonawalla Fincorp, Cerebra Integrated Technologies to consider Fund Raising

03rd February: CASTROLIND, GRSE, KPRMILL, TIINDIA to consider Dividend; Nandani Creation to consider Fund Raising

04th February: GPTINFRA to consider Dividend; Happiest Minds Technologies to consider Scheme of Arrangement

05th February: CUMMINSIND, PAGEIND, VRLLOG to consider Dividend

06th February: BDL, GULFOILLUB, PIIND to consider Dividend; Aadhar Housing Finance to consider Fund Raising

07th February: FSL, GOLDIAM to consider Dividend

08th February: Exxaro Tiles to consider Fund Raising

10th February: CRISIL, ESABINDIA to consider Dividend

12th February: SUPRAJIT to consider Dividend; Muthoot Finance to consider Fund Raising

13th February: Bal Pharma to consider Fund Raising

Stocks Picker Articles

30 Jan 2025 03:38

Stocks In Action

Bajaj Auto : The company is one of the leading two & three wheeler manufacturers in India. It is the largest exporter of two and three-wheeler in the country. Presently, it is engaged in development, manufacturing and distribution of automobiles such as motorcycles, commercial vehicles, electric two-wheelers etc. and parts thereof. The company posted a strong quarterly result for the quarter ended Q3FY25 with profit for the December quarter rising by 8 % YoY to Rs 2,196 crore.Revenue for Q3FY25 increased 8% YoY to Rs 13,169 crore. The growth was largely driven by strong exports, a solid domestic Green Energy portfolio, and another record performance in spares sales. At the operating level Ebitda climbed 13 % YoY to Rs 2,751 crore, Ebitda margin edged up 10bps to 20.2 per cent from 20.1 per cent a year ago. The company attributed this slight improvement in margin to favorable USD/INR exchange rates and effective cost management, which helped offset the major investments being made in its strategic priorities. The quarterly retail sales for the company reached highest levels. Chetak sales more than doubled during the quarter, with Q3FY25 market share pegged at 22%, up from 13% in the same period of FY24. Electric vehicles (combining two-wheelers and three-wheelers) now form about 22% of its domestic revenues, with the green portfolio (including CNG) contributing about 44% of domestic revenues. Firm's export revenue grew by 16% YoY in Q3FY25 to Rs 4,500 crore. Export volumes rose by 22% YoY, led by strong LATAM sales and a steady African market. The company expects about 20% growth in export volumes during the ongoing quarter. Positive Bajaj Auto given the strong fundamentals and performance of the company.

KPIT Technologies: The Company is a global partner to the automotive and Mobility ecosystem for making software-defined vehicles and reality. It is a leading independent software development and integration partner helping mobility leapfrog towards a clean, smart, and safe future. KPIT Technologies posted strong results for the quarter ended Q3FY25 with revenue growth of 17.4% in constant currency (CC)and 18.1% in $, YoY, this was led by Powertrain and Connected. QoQ CC growth of 2.0% and reported $ growth of 1.7% was led by Asia and Passenger Cars. Net Profit stood at Rs 187 cr, growing 20.4% YoY . EBITDA grew by 20.8% YoY to Rs 306cr. Company closed in $236 M worth of engagement in the quarter. EBITDA margin stood at 21.1% vs 20.8% sequentially mainly due to productivity improvement, revenue mix and fixed cost leverage. Going forward the management is targeting CC Revenue growth in the 18% to 22% range, with target EBITDA margin of 21%+. Positive KPIT Technologies given the strong fundamentals and performance of the company.

Stocks Picker Articles

30 Jan 2025 03:37

*Stocks in News*


*Brigade:* Net profit at Rs 236.2 cr vs Rs 73.5 cr, Revenue at Rs 1,463.9 cr vs Rs 1,173.8 cr (YoY) (Positive)

*Chalet:* Net profit at Rs 96.5 cr vs Rs 70.6 cr, Revenue at Rs 457.8 cr vs Rs 373.7 cr (YoY) (Positive)

*Gabriel:* Net profit at Rs 60 cr vs Rs 41 cr, Revenue at Rs. 1016 cr vs Rs 815 cr (YoY) (Positive)

*Suditi Ind:* Net profit at Rs 1.3 cr vs loss Rs 1.8 cr, Revenue at Rs. 22 cr vs Rs 15 cr (YoY) (Positive)

*Ramratna Wire:* Net profit at Rs 18.3 cr vs Rs 11.7 cr, Revenue at Rs. 888 cr vs Rs 698 cr (YoY) (Positive)

*Hitachi Energy:* Net profit at Rs 137 cr vs Rs 52 cr, Revenue at Rs. 1620 cr vs Rs 1554 cr (YoY) (Positive)

*Samhi Hotel:* Net profit at Rs 22.7 cr vs loss of Rs 236.4 cr, Revenue at Rs 295.7 cr vs Rs 267.8 cr (YoY) (Positive)

*CAMS:* Net profit at Rs 124 cr vs Rs 89 cr, Revenue at Rs. 370 cr vs Rs 290 cr (YoY) (Positive)

*Tamiland Mercantile:* Net profit at Rs 302. cr vs Rs 284.2 cr, NII at Rs. 570.4 cr vs Rs 537 cr (YoY) (Positive)

*Ask Automotive:* Net profit at Rs 65.9 cr vs Rs 49.9 cr, Revenue at Rs. 915 cr vs Rs 761.7 cr (YoY) (Positive)

*Blue Star:* Net profit at Rs 132.5 cr vs Rs 100.5 cr, Revenue at Rs. 2807 cr vs Rs 2241 cr (YoY) (Positive)

*Arvind Smart:* Net profit at Rs 50 cr vs Rs 12 cr, Revenue at Rs. 210 cr vs Rs 84 cr (YoY) (Positive)

*SRF:* Net profit at Rs 271.0 crore versus poll of Rs 239.0 crore, Revenue at Rs 3491 crore versus poll of Rs 3387 crore (Positive)

*Allied blenders:* Net profit at Rs 57.5 cr vs loss Rs 4.4 cr, Revenue at Rs. 974 cr, up 8.8 percent (YoY) (Positive)

*Suditi Ind:* Net profit at Rs 1.3 cr vs loss Rs 1.8 cr, Revenue at Rs. 22 cr vs Rs 15 cr (YoY) (Positive)

*Raymond:* Net profit at Rs 72.3 crore versus Rs 41.3 crore, Revenue at Rs 954 crore versus Rs 678 crore (Positive)

*Sona BLW:* Company signs MoU with the ePlane company to develop powertrain for eVTOLs and drones (Positive)

*GRSE/Apollo Micro:* Garden Reach Shipbuilders and Apollo Micro Signed MoU for Joint Development and Supply of Advanced Weapons and Electronic Systems. (Positive)

*Afcons:* Company gets LoA for project worth Rs 1,283 cr from Hindustan Gateway Container Terminal Kandla. (Positive)

*G R Infraprojects:* Company has been emerged as L-1 bidder for the project worth of Rs 262.3 crore for Gauge conversion of 38.900 kms track (Positive)

*GMDC:* Company has signed a 40-year agreement with JK Cement to supply 250 million tons of limestone (Positive)

*Azad Engineering:* Company has signed a long-term Contract & Price Agreement with Siemens Energy Global GmbH& Co. KG, for manufacturing and supply of mission critical components, including combustion commodities, cold blades & vanes, machined parts & assemblies. (Positive)

*Granules:* Vishakapatnam unit received EU GMP certification for APIs and Finished Dosages by Hungary's health authority. (Positive)

*Archean Chemical:* Subsidiary, SiCSem Pvt. Ltd., held a groundbreaking ceremony for a new Compound Semiconductor Facility in Odisha. (Positive)

*Bajaj Fin:* Net profit at Rs 4308.0 crore versus poll of Rs 4098.0 crore, NII at Rs 9382.0 crore versus poll of Rs 9336.0 crore (Neutral)

*Tata Motors:* Net profit at Rs 5451.0 crore versus poll of Rs 6547.0 crore, Revenue at Rs 1.14 lK crore versus poll of Rs 1.16 lK crore (Neutral)

*Voltas:* Net profit at Rs 131 cr versus poll of Rs 155 cr, Revenue at Rs 3,105 cr versus poll of Rs 3,015 cr (Neutral)

*Rane Brake:* Net profit at Rs 9.5 cr vs Rs 10.1 cr, Revenue at Rs. 185.3 cr vs Rs 164.3 cr (YoY) (Neutral)

*Aarti Drugs:* Net profit at Rs 37.1 cr vs Rs 36.7 cr, Revenue at Rs. 556.6 cr vs Rs 605.9 cr (YoY) (Neutral)

*Capital Small Finance Bank:* Net profit at Rs 34.1 cr vs Rs 28.9 cr, NII at Rs. 107.1 cr vs Rs 87.5 cr (YoY) (Neutral)

*Blue Dart:* Net profit down 8.9% at Rs 81 cr vs Rs 89 cr, Revenue up 9.3% at Rs 1,511.7 cr vs Rs 1,383 cr (YoY) (Neutral)

Stocks Picker Articles

29 Jan 2025 11:23

JUPITER WAGONS Q3 Result

NET PROFIT AT 98 CR V 83 CR YOY

REVENUE AT 1029 CR V 895 CR YOY

EBITDA AT 140 CR V 125 CR YOY

MARGINS AT 14.1%V 13.9% YOY

Stocks Picker Articles

29 Jan 2025 04:20

Corporate Actions

Denta Water and Infra Solutions is set to make stock market debut today, January 29. The issue price is fixed at Rs. 294 per share.

Dividend

29-Jan-25
BPCL: Interim Dividend - Rs. - 5.00
MPSLTD: Interim Dividend - Rs. - 33.00
MINDSPACE: Income Distribution RITES

30-Jan-25
ACCELYA: Interim Dividend - Rs. - 50.00
HUDCO: Interim Dividend - Rs. - 2.05
COFORGE: Interim Dividend - Rs. - 19.00
SIEMENS: Dividend - Rs. - 12.00
BALKRISIND: Interim Dividend - Rs. - 4.00
TCI: Interim Dividend - Rs. - 4.50

31-Jan-25
TORNTPHARM: Interim Dividend - Rs. - 26.00
PERSISTENT: Interim Dividend - Rs. - 20.00
COALINDIA: Interim Dividend - Rs. - 5.60
ACGL: Interim Dividend - Rs. - 5.00
ROUTE: Interim Dividend - Rs. - 3.00
NTPC: Interim Dividend - Rs. - 2.50
SHRIRAMFIN: Interim Dividend - Rs. - 2.50
GOTHIPL: Interim Dividend - Rs. - 2.00
IEX: Interim Dividend - Rs. - 1.50
EMERALD: Interim Dividend - Rs. - 0.06
EMBASSY: Income Distribution RITES

IPO
Dr. Agarwal's Healthcare: Open: 29-Jan-25; Close: 31-Jan-25

Buyback
---

Bonus
Indraprastha Gas: Bonus Issue 1:1; Ex-Date: 31-Jan-25

Stock Split
Kiduja India: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 31-Jan-25
Senco Gold: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 31-Jan-25
JBM Auto: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 31-Jan-25
Mohite Industries: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 31-Jan-25
Rama Phosphates: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25

Right Issue
California Software: Open: 24-Jan-25; Close: 31-Jan-24
GTT Data Solutions: Open: 27-Jan-25; Close: 04-Feb-24
Harshil Agrotech: Open: 10-Jan-25; Close: 05-Feb-24
Globe Textiles (India): Open: 24-Jan-25; Close: 06-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24
Ultracab (India): Open: 28-Jan-25; Close: 11-Feb-24
Iel: Open: 04-Feb-25; Close: 21-Feb-24

Open Offer
Prataap Snacks: Open: 16-Jan-25; Close: 29-Jan-24
Religare Enterprises: Open: 27-Jan-25; Close: 07-Feb-24
LKP Finance: Open: 29-Jan-25; Close: 11-Feb-24

Stocks Picker Articles

29 Jan 2025 04:13

Bulk Deal & Insider Trade Update*

*Bulk Deals*
*Gujtlrm: North Star Opportunities Fund Vcc-Bull Value Incorporated Vcc Sub-Fund Sell 3981202 Shares @ Rs. 11.26
*Nacdac: Al Maha Investment Fund Pcc-Onyx Strategy Sell 80000 Shares @ Rs. 61.51
*Ortinglobe: Beacon Stone Capital Vcc - Beacon Stone I Sell 100000 Shares @ Rs. 15.44

*Insider Trade*
*Acquisition*
* Bajaj Electricals Ltd.-$: Manish Kejriwal, Promoter Group, Acquisition 1240730 shares on 22-Jan-25
* Bajaj Holdings & Investment Ltd.: Manish Kejriwal, Director, Acquisition 1000 shares on 22-Jan-25
* J.B.Chemicals & Pharmaceuticals Ltd.: Nikhil Chopra, Director, Acquisition 50000 shares on 24-Jan-25
* Bajaj Finserv Ltd.: Manish Kejriwal, Director, Acquisition 6739380 shares on 22-Jan-25

*Disposal*
* Bajaj Electricals Ltd.-$: Sunaina Kejriwal, Promoter Group, Disposal 1240730 shares on 22-Jan-25
* Bajaj Holdings & Investment Ltd.: Late Sunaina Kejriwal, Promoter Group, Disposal 1000 shares on 22-Jan-25
* Bajaj Finserv Ltd.: Late Sunaina Kejriwal, Promoter Group, Disposal 6739380 shares on 22-Jan-25

*Dividend Update*
*Bharat Petroleum Corporation Ltd.: Interim Dividend Rs. 5.00; Ex Date: 29-Jan-2025
*MPS Ltd.: Interim Dividend Rs. 33.00; Ex Date: 29-Jan-2025

*Result Today*
Bajaj Finance Ltd.
Maruti Suzuki India Ltd.
Tata Motors Ltd.
Adani Power Ltd.
Ambuja Cements Ltd.
Indian Bank
SRF Ltd.
Hitachi Energy India Ltd.
Voltas Ltd.
Jindal Stainless Ltd.
Blue Star Ltd.
Gujarat Fluorochemicals Ltd.
KPIT Technologies Ltd.
Radico Khaitan Ltd.
Brigade Enterprises Ltd.
Computer Age Management Services Ltd.
Chalet Hotels Ltd.
Jupiter Wagons Ltd.
Onesource Specialty Pharma Ltd.
JBM Auto Ltd.
Asahi India Glass Ltd.
eClerx Services Ltd.
Blue Dart Express Ltd.
Deepak Fertilisers And Petrochemicals Corporation Ltd.
Acme Solar Holdings Ltd.
Craftsman Automation Ltd.
Westlife Foodworld Ltd
Allied Blenders And Distillers Ltd.
Olectra Greentech Ltd.
Raymond Ltd.
Usha Martin Ltd.
Choice International Ltd.
Blue Jet Healthcare Ltd.
Quess Corp Ltd.
ASK Automotive Ltd.
GMR Power and Urban Infra Ltd.
CarTrade Tech Ltd.
Tamilnad Mercantile Bank Ltd.
JK Paper Ltd.
Bansal Wire Industries Ltd.
Gabriel India Ltd.
Sundaram Finance Holdings Ltd.
TeamLease Services Ltd.
Orient Electric Ltd.
Vaibhav Global Ltd.
MAS Financial Services Ltd.
Indian Metals & Ferro Alloys Ltd.
Samhi Hotels Ltd.
Arvind Smartspaces Ltd.
Restaurant Brands Asia Ltd.
Aarti Drugs Ltd.
Datamatics Global Services Ltd.
Fino Payments Bank Ltd.
Filatex India Ltd.
Ram Ratna Wires Ltd.
Wonder Electricals Ltd.
Vardhman Special Steels Ltd.
SMC Global Securities Ltd.
Heubach Colorants India Ltd.
Capital Small Finance Bank Ltd.
Likhami Consulting Ltd.
Shriram Asset Management Company Ltd.
Hindustan Motors Ltd.
OK Play India Ltd.
IFB Agro Industries Ltd.
3I Infotech Ltd.
Banswara Syntex Ltd.

Stocks Picker Articles

29 Jan 2025 03:49

*Fund Houses Recommendations*


CLSA on *IGL:* Upgrade to Outperform on company, raise target price at Rs 505/Sh (Positive)

CLSA on *MGL:* Maintain Outperform on company, target price at Rs 1710/Sh (Positive)

MS on *Hyundai:* Maintain Overweight on Company, target price at Rs 2261/Sh (Positive)

Citi on *IGL:* Maintain Buy on Company, target price at Rs 450/Sh (Positive)

HSBC on *Cipla:* Maintain Buy on Company, target price at Rs 1800/Sh (Positive)

Nomura on *Cipla:* Maintain Buy on Company, target price at Rs 1780/Sh (Positive)

HSBC on *M&M Fin:* Maintain Hold on Company, target price at Rs 320/Sh (Positive)

Nomura on *CG Power:* Maintain Buy on Company, target price at Rs 900/Sh (Positive)

MS on *Suzlon:* Maintain Overweight on Company, target price at Rs 71/Sh (Positive)

MS on *BHEL:* Maintain Overweight on Company, target price at Rs 352/Sh (Positive)

Macquarie on *TVS Motors:* Maintain Outperform on Company, target price at Rs 2857/Sh (Positive)

JP Morgan on *TVS Motors:*Maintain Overweight on Company, target price at Rs 3130/Sh (Positive)

CLSA on *Tata Steel:* Upgrade to Buy on company, cut target price at Rs 125/Sh (Neutral)

Jefferies on *Kaynes:* Upgrade to Buy on company, cut target price at Rs 5400/Sh (Neutral)

Nuvama on *M&M Fin:* Maintain Hold on Company, target price at Rs 280/Sh (Neutral)

GS on *SBI Cards:* Maintain Buy on Company, target price at Rs 912/Sh (Neutral)

Nuvama on *SBI Cards:* Maintain Buy on Company, target price at Rs 885/Sh (Neutral)

UBS on *SBI Cards:* Maintain Neutral on Company, target price at Rs 800/Sh (Neutral)

CLSA on *SBI Cards:* Maintain Buy on Company, target price at Rs 780/Sh (Neutral)

Bernstein on *SBI Cards:* Maintain Buy on Company, target price at Rs 620/Sh (Neutral)

Nuvama on *Bajaj Auto:* Maintain Buy on Company, target price at Rs 10700/Sh (Neutral)

Axis on *Bajaj Auto:* Maintain Sell on Company, target price at Rs 7550/Sh (Neutral)

Citi on *Bajaj Auto:* Maintain Sell on Company, target price at Rs 7900/Sh (Neutral)

MS on *Bajaj Auto:* Maintain Overweight on Company, target price at Rs 9951/Sh (Neutral)

Macquarie on *MGL:* Maintain Outperform on company, target price at Rs 1280/Sh (Neutral)

Citi on *Exide Ind:* Maintain Buy on company, target price at Rs 540/Sh (Neutral)

MS on *Exide Ind:* Maintain Overweight on company, target price at Rs 538/Sh (Neutral)

Nuvama on *M&M Fin:* Maintain Hold on Company, target price at Rs 280/Sh (Neutral)

MS on *M&M Fin:* Maintain Equal weight on Company, target price at Rs 285/Sh (Neutral)

Citi on *Colgate:* Maintain Neutral on Company, cut target price at Rs 2600/Sh (Neutral)

CLSA on *BHEL:* Maintain Underperform on Company, target price at Rs 166/Sh (Neutral)

Jefferies on *ITC:* Maintain Buy on Company, target price at Rs 550/Sh (Neutral)

CLSA on *TVS Motors:* Maintain Hold on Company, target price at Rs 2550/Sh (Neutral)

UBS on *Bosch:* Maintain Sell on Company, cut target price at Rs 23600/Sh (Negative)

Stocks Picker Articles

29 Jan 2025 03:12

*Stocks in News*


*Ami Organics:* Net profit at Rs 454 cr vs Rs 178 cr, Revenue at Rs. 2750 cr vs Rs 1664 cr (YoY) (Positive)

*Syrma SGS:* Net profit at Rs 53 cr vs Rs 20 cr, Revenue at Rs. 870 cr vs Rs 706 cr (YoY) (Positive)

*Sai Silk:* Net profit at Rs 46 cr vs Rs 32 cr, Revenue at Rs. 448 cr vs Rs 382 cr (YoY) (Positive)

*Dynamic Cables:* Net profit at Rs 15.8 cr vs Rs 7.5 cr, Revenue at Rs. 251 cr vs Rs 192 cr (YoY) (Positive)

*MGL:* Net profit at Rs 225.0 cr versus poll of Rs 185.0 cr, Revenue at Rs 1758 cr versus poll of Rs 1752 cr (Positive)

*TVS Holdings:* Net profit at Rs 685 cr vs Rs 532 cr, Revenue at Rs. 11,476 cr vs Rs 9220 cr (YoY) (Positive)

*Suzlon Energy:* Net profit at Rs 387 cr vs Rs 203 cr, Revenue at Rs. 2968.8 cr vs Rs 1553 cr (YoY) (Positive)

*Home First:* Net profit at Rs 98 cr vs Rs 78 cr, NII at Rs. 213 cr vs Rs 166 cr (YoY) (Positive)

*SIS:* Net profit at Rs 10.2 cr vs Rs 2.7 cr, Revenue at Rs. 336.0 cr vs Rs 307.0 cr (YoY) (Positive)

*KRN Heat:* Net profit at Rs 13.4 cr vs Rs 7.9 cr, Revenue at Rs. 116.0 cr vs Rs 67.0 cr (YoY) (Positive)

*GMR Airports:* Net profit at ₹202.1 cr vs loss of ₹486.4 cr, Revenue at ₹2,653.2 cr vs ₹2,226.7 cr (YoY) Positive)

*Som Dist:* Net profit at Rs 21.5 cr vs Rs 18.0 cr, Revenue at Rs. 562.0 cr vs Rs 501.0 cr (YoY) (Positive)

*M&M Finance:* Net profit at Rs 899 cr vs Rs 553 cr, NII at Rs. 1911 cr vs Rs 1698 cr (YoY) (Positive)

*Sharika Ent:* Company wins order of Rs 15.57 Cr, contract by NHPC Limited (Positive)

*TVS Motors:* Expects the EV 3W category to grow significantly in the coming months (Positive)

*Autoline Industries:* Company announced a substantial purchase order from Mahindra & Mahindra valued at approximately Rs 30 Crores. (Positive)

*Bharat Parenterals:* Receipt of an order amounting to $27 Million (approximately INR 232 Crores) for supply of high demand pharmaceutical products over a period of 18-24 months. (Positive)

*Rane Engines:* CRISIL has continued its credit ratings for the company's bank facilities totaling Rs. 220 crore. (Positive)

*Piramal Pharma:* Net profit down 63.4% at ₹3.7 cr vs ₹10.1 cr, Revenue up 12.5% at ₹2,204.2 cr vs ₹1,958.6 cr (YoY). (Neutral)

*Colgate:* Net profit at Rs 322.8 cr vs Rs 330.1 cr, Revenue at Rs. 1461.8 cr vs Rs 1386 cr (YoY) (Neutral)

*UTI AMC:* Net profit at Rs 150.7 cr vs Rs 185.7 cr, Revenue at Rs. 417.6 cr vs Rs 449 cr (YoY) (Neutral)

*Rane Brake:* Net profit at Rs 9.5 cr vs Rs 10.1 cr, Revenue at Rs. 185.3 cr vs Rs 164.3 cr (YoY) (Neutral)

*V-Guard Industries:* Net profit at Rs 60 cr vs Rs 58 cr, Revenue at Rs. 1269 cr vs Rs 1165 cr (YoY) (Neutral)

*Bosch:* Net profit at Rs 458 cr vs Rs 518 cr, Revenue at Rs. 4466 cr vs Rs 4205 cr (YoY) (Neutral)

*PTC India Financial Services:* Net profit at Rs 67.15 cr vs Rs 50.40 cr, Revenue at Rs. 158 cr vs Rs 220 cr (YoY) (Neutral)

*Le Travenues:* Net profit at Rs 15.5 cr vs Rs 31 cr, Revenue at Rs. 214 cr vs Rs 170 cr (YoY) (Neutral)

*Jost's Engineering:* Net profit at Rs 4.16 cr vs Rs 3.3 cr, Revenue at Rs. 52.0 cr vs Rs 46.4 cr (YoY) (Neutral)

*eMudhra:* Net profit at Rs 22.4 cr vs Rs 20.0 cr, Revenue at Rs. 139 cr vs Rs 97.0 cr (YoY) (Neutral)

*Exide India:* Net profit at Rs 245 cr vs Rs 240.3 cr, Revenue at Rs. 3846.6 cr vs Rs 3840.5 cr (YoY) (Neutral)

*Bajaj Auto:* Net profit at Rs 2018.7 cr vs Rs 2042 cr, Revenue at Rs. 12807 cr vs Rs 12114 cr (YoY) (Neutral)

*BHEL:* Net profit at Rs 125.0 cr versus poll of Rs 129.0 cr, Revenue at Rs 7277 cr versus poll of Rs 6751 cr (Neutral)

*SBI Card:* Net profit at Rs 383.2 cr vs Rs 549.1cr, Revenues at Rs 3790.1 cr vs Rs 3926.2 cr (YoY) (Neutral)

*CE Info:* Net profit at Rs 32.3 cr vs Rs 31 cr, Revenue at Rs 114.5 cr vs Rs 92 cr (YoY) (Neutral)

*Sarthak Global:* Company announced the re-appointment of Mr. Sunil Gangrade as a Whole-time Director for three years, starting March 1, 2025. (Neutral)

Stocks Picker Articles

28 Jan 2025 11:50

SUZLON: Q3 CONS NET PROFIT UP 91% AT 387.7CR (YOY), UP 93% (QOQ)

REVENUE UP 91% AT CR (YOY) ,UP 42% (QOQ)

EBITDA UP 106% AT 493.5CR (YOY), UP 74%(QOQ)

MARGINS 16.62% V 15.46% (YOY), 13.55% (QOQ)

Stocks Picker Articles

28 Jan 2025 09:58

APAR IND Q3

Management Says "We delivered strong revenue growth this quarter, driven by innovation and customer focus.

Domestic growth remains steady with infrastructure capex support, while export headwinds are easing.

Margins dipped due to Chinese competition and lower export demand, but softening freight costs offer relief.

With a strong energy infrastructure presence, we remain committed to long-term value creation for stakeholders."

Stocks Picker Articles

28 Jan 2025 09:48

*HINDUSTAN ZINC:* Q3 EBITDA 44.6B RUPEES VS 35.2B (YOY) || Q3 EBITDA MARGIN 54% VS 49.81% (YOY) (OPERATIONAL NUMBERS SEEN BETTER YOY)

Stocks Picker Articles

28 Jan 2025 04:27

*Forthcoming Event*

28th January: APCOTEXIND, GESHIP, IIFLCAPS, IMPAL, JUBLINGREA, KIRLPNU, MGL, MOTILALOFS, RADIOCITY, RITES, ROUTE, SHAREINDIA, SHYAMMETL, STEELCAS to consider Dividend; Dhruva Capital Services, Home First Finance Company India, JostS Engineering Company, JSW Energy, Lasa Supergenerics, Nandani Creation, Swagtam Trading & Services, Thirumalai Chemicals to consider Fund Raising; JTL Industries to consider Voluntary Delisting

29th January: AARTIDRUGS, CAMS, IMFA, JSL, KPITTECH, MASFIN, ORIENTELEC, QUESS, SMCGLOBAL, SRF, VAIBHAVGBL, WEL to consider Dividend

30th January: BANARBEADS, CLEAN, CONCOR, GAIL, LALPATHLAB, SHANTIGEAR, SHREECEM to consider Dividend; Shivamshree Business to consider Fund Raising; Greenlam Industries to consider Bonus Issue

31st January: CHOLAFIN, INDTONER, MARICO, NESTLEIND, ONGC, SUNPHARMA, TRITURBINE to consider Dividend; Poonawalla Fincorp, Cerebra Integrated Technologies to consider Fund Raising

03rd February: CASTROLIND, GRSE, KPRMILL, TIINDIA to consider Dividend; Nandani Creation to consider Fund Raising

04th February: GPTINFRA to consider Dividend; Happiest Minds Technologies to consider Scheme of Arrangement

05th February: CUMMINSIND, PAGEIND, VRLLOG to consider Dividend

06th February: BDL, GULFOILLUB, PIIND to consider Dividend; Aadhar Housing Finance to consider Fund Raising

07th February: FSL, GOLDIAM to consider Dividend

08th February: Exxaro Tiles to consider Fund Raising

10th February: CRISIL, ESABINDIA to consider Dividend

12th February: SUPRAJIT to consider Dividend; Muthoot Finance to consider Fund Raising

13th February: Bal Pharma to consider Fund Raising

Stocks Picker Articles

28 Jan 2025 04:08

*Q3FY25 EARNING CALENDAR 29.01.2025* AARTIDRUGS, ABDL, ACMESOLAR, *ADANIPOWER*, *AMBUJACEM*, ARVSMART, ASAHIINDIA, ASKAUTOLTD, *BAJFINANCE*, BANSALWIRE, BLUEDART, BLUEJET, BLUESTARCO, BRIGADE, CAMS, CARTRADE, CHALET, CHOICEIN, CRAFTSMAN, DATAMATICS, DEEPAKFERT, ECLERX, FILATEX, FINOPB, FLUOROCHEM, GABRIEL, IMFA, INDIANB, JBMA, JKPAPER, JSL, JWL, KPITTECH, *MARUTI*, MASFIN, OLECTRA, ONESOURCE, ORIENTELEC, POWERINDIA, QUESS, RADICO, RAMRAT, RANEENGINE, *RAYMOND*, RBA, SAMHI, SMCGLOBAL, *SRF*, *TATAMOTORS*, TEAMLEASE, TMB, USHAMART, VAIBHAVGBL, *VOLTAS*, VSSL, WEL, WESTLIFE

*AMBUJACEM* YoY
* Revenue expected at Rs 8510 crore versus Rs 8128 crore
* EBITDA expected to be seen at Rs 1483 crore versus Rs 1732 crore
* EBITDA margin expected to be seen at 17.43% versus 21.31%
* Net profit expected to be seen at Rs 762 crore versus Rs 823 crore

*BAJFINANCE* YoY
* NII expected at Rs 10381 crore versus Rs 7655 crore
* EBIT expected to be seen at Rs 7436 crore versus Rs 6143 crore
* EBIT margin expected to be seen at 59.12% versus 66.06%
* Net profit expected to be seen at Rs 4127 crore versus Rs 3639 crore

*MARUTI* YoY
* Revenue expected at Rs 38726 crore versus Rs 33308 crore
* EBITDA expected to be seen at Rs 4498 crore versus Rs 3907 crore
* EBITDA margin expected to be seen at 11.61% versus 11.73%
* Net profit expected to be seen at Rs 3687 crore versus Rs 3130 crore

*SRF* YoY
* Revenue expected at Rs 3387 crore versus Rs 3053 crore
* EBITDA expected to be seen at Rs 565 crore versus Rs 565 crore
* EBITDA margin expected to be seen at 16.68% versus 18.53%
* Net profit expected to be seen at Rs 223 crore versus Rs 253 crore

*TATAMOTORS* YoY
* Revenue expected at Rs 116912 crore versus Rs 110577 crore
* EBITDA expected to be seen at Rs 15772 crore versus Rs 15418 crore
* EBITDA margin expected to be seen at 13.90% versus 13.94%
* Net profit expected to be seen at Rs 6643 crore versus Rs 7113 crore

*VOLTAS* QoQ
* Revenue expected at Rs 3024 crore versus Rs 2619 crore
* EBITDA expected to be seen at Rs 205 crore versus Rs 162 crore
* EBITDA margin expected to be seen at 6.78% versus 6.19%
* Net profit expected to be seen at Rs 157 crore versus Rs 134 crore

Stocks Picker Articles

30 Jan 2025 08:38

*ADANI PORTS:* Q3 CONS NET PROFIT 25.2B RUPEES VS 22.1B (YOY); EST 23.98B (NUMBERS SEEN BETTER THAN ESTIMATES)

Stocks Picker Articles

30 Jan 2025 04:18

Corporate Actions

Dividend

30-Jan-25
ACCELYA: Interim Dividend - Rs. - 50.00
HUDCO: Interim Dividend - Rs. - 2.05
COFORGE: Interim Dividend - Rs. - 19.00
SIEMENS: Dividend - Rs. - 12.00
BALKRISIND: Interim Dividend - Rs. - 4.00
TCI: Interim Dividend - Rs. - 4.50

31-Jan-25
TORNTPHARM: Interim Dividend - Rs. - 26.00
PERSISTENT: Interim Dividend - Rs. - 20.00
COALINDIA: Interim Dividend - Rs. - 5.60
ACGL: Interim Dividend - Rs. - 5.00
ROUTE: Interim Dividend - Rs. - 3.00
NTPC: Interim Dividend - Rs. - 2.50
SHRIRAMFIN: Interim Dividend - Rs. - 2.50
GOTHIPL: Interim Dividend - Rs. - 2.00
IEX: Interim Dividend - Rs. - 1.50
EMERALD: Interim Dividend - Rs. - 0.06
EMBASSY: Income Distribution RITES

IPO
Dr. Agarwal's Healthcare: Open: 29-Jan-25; Close: 31-Jan-25

Buyback
---

Bonus
Indraprastha Gas: Bonus Issue 1:1; Ex-Date: 31-Jan-25

Stock Split
Kiduja India: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 31-Jan-25
Senco Gold: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 31-Jan-25
JBM Auto: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 31-Jan-25
Mohite Industries: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 31-Jan-25
Rama Phosphates: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25

Right Issue
California Software: Open: 24-Jan-25; Close: 31-Jan-24
GTT Data Solutions: Open: 27-Jan-25; Close: 04-Feb-24
Harshil Agrotech: Open: 10-Jan-25; Close: 05-Feb-24
Globe Textiles (India): Open: 24-Jan-25; Close: 06-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24
Ultracab (India): Open: 28-Jan-25; Close: 11-Feb-24
Iel: Open: 04-Feb-25; Close: 21-Feb-24

Open Offer
Religare Enterprises: Open: 27-Jan-25; Close: 07-Feb-24
LKP Finance: Open: 29-Jan-25; Close: 11-Feb-24

Stocks Picker Articles

30 Jan 2025 03:54

*Fund Houses Recommendations*


Nomura on *Cartrade:* Maintain Buy on company, raise target price at Rs 1779/Sh (Positive)

MS on *Bajaj Fin:* Maintain Overweight on Company, raise target price at Rs 9300/Sh (Positive)

Jefferies on *Bajaj Fin:* Maintain Buy on Company, raise target price at Rs 9270/Sh (Positive)

Nomura on *Bajaj Fin:* Maintain Buy on Company, raise target price at Rs 9000/Sh (Positive)

HSBC on *Bajaj Fin:* Maintain Buy on Company, raise target price at Rs 8900/Sh (Positive)

MS on *Maruti:* Maintain Overweight on Company, target price at Rs 14942/Sh (Positive)

CLSA on *Maruti:* Maintain Buy on Company, raise target price at Rs 13446/Sh (Positive)

BofA on *Maruti:* Maintain Buy on Company, target price at Rs 14000/Sh (Positive)

MS on *Voltas:* Maintain Overweight on Company, target price at Rs 1975/Sh (Positive)

Jefferies on *Home First:*Maintain Buy on Company, target price at Rs 1325/Sh (Positive)

JP Morgan believes Budget 2025: Government will continue to prioritize *infra* and public investment. (Positive)

UBS on Indian Banks: Microfinance early delinquencies down 50bps MoM, H1FY26 could see moderation in credit costs, prefer *HDFC, ICICI, Federal Bank* (Neutral)

Jefferies on *SRF:* Maintain Underperform on Company, target price at Rs 2600/Sh (Neutral)

CLSA on *SRF:* Maintain Hold on Company, cut target price at Rs 2882/Sh (Neutral)

MS on *Ambuja Cement:* Maintain Buy on Company, target price at Rs 675/Sh (Neutral)

GS on *Ambuja Cement:* Maintain Neutral on Company, cut target price at Rs 535/Sh versus Rs 575/Sh (Neutral)

GS on *ACC:* Maintain Sell on Company, cut target price at Rs 2190/Sh versus Rs 2345/Sh (Neutral)

BofA on *Reliance Ind:* Maintain Buy on Company, cut target price at Rs 1550/Sh versus Rs 1723/Sh (Neutral)

GS on *Tata Motors:* Maintain Neutral on Company, target price at Rs 800/Sh (Neutral)

CLSA on *Tata Motors:* Maintain Outperform on Company, target price at Rs 930/Sh (Neutral)

Investec on *Maruti:* Maintain Buy on Company, cut target price at Rs 14230/Sh (Neutral)

Jefferies on *Maruti:* Maintain Hold on Company, target price at Rs 12123/Sh (Neutral)

Macquarie on *Maruti:* Maintain Neutral on Company, target price at Rs 12296/Sh (Neutral)

CLSA on *Maruti:* Maintain Outperform on Company, target price at Rs 13446/Sh (Neutral)

MS on *Voltas:* Maintain Underperform on Company, target price at Rs 6400/Sh (Neutral)

Nomura on *JSW Infra:* Maintain Buy on Company, cut target price at Rs 230/Sh (Neutral)

Nomura on *MGL:* Maintain Buy on Company, target price at Rs 1350/Sh (Neutral)

Bernstein on *KPIT Tech:* Maintain Outperform on Company, target price at Rs 1580/Sh (Neutral)

Bernstein on *Bajaj Fin:* Maintain Underperform on Company, target price at Rs 6400/Sh (Neutral)

UBS on *Bajaj Fin:* Maintain Sell on Company, target price at Rs 6500/Sh (Neutral)

GS on *Voltas:* Maintain Sell on Company, target price at Rs 1400/Sh (Neutral)

Nuvama on *Tata Motors:* Maintain Reduce on Company, cut target price at Rs 720/Sh versus Rs 750/Sh (Negative)

Jefferies on *Tata Motors:* Downgrade to Underperform on Company, cut target price at Rs 660/Sh versus Rs 1000/Sh (Negative)

MS on *Tata Motors:* Maintain Equal weight on Company, cut target price at Rs 853/Sh versus Rs 920/Sh (Negative)

Stocks Picker Articles

30 Jan 2025 03:37

*Fino Payment Bank:* Net profit at Rs 23.1 cr vs Rs 22.8 cr, NII at Rs 23.7 cr vs Rs 17.6 cr (YoY) (Neutral)

*Eclerx:* Net profit at ₹137 cr vs ₹138.6 cr, Revenue at ₹853.8 cr vs ₹752.7 cr (YoY) (Neutral)

*Quess Corp:* Net profit at ₹80.4 cr vs ₹63.8 cr, Revenue at ₹5,519 cr vs ₹4,841.8 cr (YoY) (Neutral)

*Jindal Stainless:* Net profit at Rs 654.3 cr vs Rs 692.3 cr, Revenue at Rs. 9907 cr vs Rs 9127 cr (YoY). (Neutral)

*MAS Financial Services:* Company has informed the Exchange that Record date for the purpose of Dividend is 05-Feb-2025. (Neutral)

*Voltas:* Board has approved appointment of Mukundan Menon as MD from Sept. 1 (Neutral)

*Restaurant Brands Asia:* Net loss at Rs 50.3 cr vs loss of Rs 36 cr, Revenue at Rs. 639 cr vs Rs 604 cr (YoY) (Negative)

*J k Paper:* Net profit at Rs 65.3 cr vs Rs 236.4 cr, Revenue at Rs. 1733 cr vs Rs 1781.7 cr (YoY) (Negative)

*Whirlpool India:* Parent co Whirlpool Corp announced its intention to sell down its ownership to 20% from 51% by 2025 mid (Negative)

Stocks Picker Articles

29 Jan 2025 11:50

*RAYMOND Q3*

Net profit at Rs 72.3 crore versus poll of Rs 41.3 crore

Revenue at Rs 954 crore versus poll of Rs 678 crore

(Numbers seen better YoY)

Stocks Picker Articles

29 Jan 2025 10:19

*JBM AUTO:* Q3 EBITDA 1.74B RUPEES VS 1.56B (YOY) || Q3 EBITDA MARGIN 12.46% VS 11.61% (YOY) (NUMBERS SEEN BETTER YOY)

Stocks Picker Articles

29 Jan 2025 04:20

Forthcoming Event

29th January: AARTIDRUGS, CAMS, IMFA, JSL, KPITTECH, MASFIN, ORIENTELEC, QUESS, SMCGLOBAL, SRF, VAIBHAVGBL, WEL to consider Dividend

30th January: BANARBEADS, CLEAN, CONCOR, GAIL, LALPATHLAB, SHANTIGEAR, SHREECEM to consider Dividend; Shivamshree Business to consider Fund Raising; Greenlam Industries to consider Bonus Issue

31st January: CHOLAFIN, INDTONER, MARICO, NESTLEIND, ONGC, SUNPHARMA, TRITURBINE to consider Dividend; Poonawalla Fincorp, Cerebra Integrated Technologies to consider Fund Raising

03rd February: CASTROLIND, GRSE, KPRMILL, TIINDIA to consider Dividend; Nandani Creation to consider Fund Raising

04th February: GPTINFRA to consider Dividend; Happiest Minds Technologies to consider Scheme of Arrangement

05th February: CUMMINSIND, PAGEIND, VRLLOG to consider Dividend

06th February: BDL, GULFOILLUB, PIIND to consider Dividend; Aadhar Housing Finance to consider Fund Raising

07th February: FSL, GOLDIAM to consider Dividend

08th February: Exxaro Tiles to consider Fund Raising

10th February: CRISIL, ESABINDIA to consider Dividend

12th February: SUPRAJIT to consider Dividend; Muthoot Finance to consider Fund Raising

13th February: Bal Pharma to consider Fund Raising

Stocks Picker Articles

29 Jan 2025 04:12

Stocks in Action

Cipla : The Company is in the business of manufacturing, developing, and marketing wide range of branded and generic formulations and Active Pharmaceutical Ingredients . Cipla's product portfolio spans complex generics as well as drugs in the respiratory, anti-retroviral, urology, cardiology, anti-infective, CNS, and various other key therapeutic segments. The Company posted a phenomenal result for the quarter ended Q3FY25 with topline growing by 8% YoY to Rs 7,073 cr. EBITDA stood at Rs 1,989 cr growing 16% YoY, with EBITDA margin coming at 28.1%. PAT stood at Rs 1,571 cr growing 22.2 % YoY, with PAT margin coming at 22.2%. The company achieved highest-ever quarterly revenue at Rs 7,000 Cr+ and EBITDA margin at 28%+. One India Business grew at a healthy 10% YoY. Branded Prescription business continued to outpace the market growth in key therapies, Trade Generics is back on growth trajectory and Anchor brands of CHL continued to grow bigger. North Africa segment delivered quarterly revenue of $ 226 Mn supported by traction in differentiated assets, that helped to overcome Lanreotide supply shortfall. One Africa segment continued its growth momentum with overall revenue growth at 9% in USD terms. Emerging Markets and Europe posted substantial revenue growth of 20% in USD termsd. R&D investments for the company stood at Rs 360 cr( 5.1% of sales) driven by product filling and development efforts undertaken by the company. Positive on CIPLA given the strong fundamentals and performance of the company.

ACC Ltd: The Company is engaged in manufacturing and selling of cement and ready-mixed concrete. They manufacture Portland Cement for general construction and special applications. In addition, they offer two products namely; bulk cement and ready mix concrete. The company posted good performance for the quarter ended Q3FY25 with Highest ever revenue in Q3 Series over last 5 years at Rs. 5,927 Cr, driven by higher trade sales volume (up by 11%) and premium product as % of trade sales at 32% Higher volume along with improved operational parameters resulted in growth in all business parameters. Volume increased by 21% YoY supported by increase in trade volumes and higher premium product volumes (11% YoY). Operating EBITDA stood at Rs. 1,116 Cr( growing 23% YoY), with EBITDA margin coming at 18.8%. PAT stood at Rs 1,092 cr, growing by 102% YoY( excluding other income, profit grew by 13% YoY) . Reduction in Klin fuel cost by 10% was driven by use of low cost imported petcoke which improved linkages and captive coal consumptions. Going forward, the company expects cement demand to rebound in Q4 FY’25 as construction activity accelerates in the infrastructure and housing segments. The pro-infra and housing Budget 2025, along with increased government spending on infrastructure and construction activities, is anticipated to further support this growth. Cement demand is projected to grow in the range of 4-5% for FY’25. Positive on ACC Ltd given the strong fundamentals and performance of the company.

Stocks Picker Articles

29 Jan 2025 03:12

*IDFC First:* Bank appoints Nitin Chauhan as Chief Information Security Officer of the bank w.e.f. January 28, 2025. (Neutral)

*JSW Infra:* Raise capex guidance to Rs 39,000 cr vs Rs 30,000 cr earlier (Neutral)

*Home First:* Board approves to raise Rs 1250 cr through QIP (Neutral)

*ITC:* ITC Hotels to list on NSE & BSE on January 29, 2025 (Neutral)

*NMDC:* Company to invest ₹70,000 crore for capacity ramp-up by 2030. (Neutral)

*Kotak Mahindra Bank:* Launches BizLabs Accelerator to propel startups toward scalable growth. (Neutral)

*JSW Steel:* Extends Long Stop Date for Acquisition Of 92.19% Stake of Minas de Revuboe Buyout to June 30, 2025 (Neutral)

*JSW Energy:* Net profit at Rs 167.8 crore versus 232.0 crore, Revenue at Rs 2400 crore versus poll of Rs 2542 crore (Negative)

*Star Health:* Net Profit at Rs 215.1 Cr Vs Rs 289.6 Cr, Net Earned at 15.4% at Rs 3,799.7 Cr Vs Rs 3,293.6 Cr (YoY). (Negative)

*VIP Ind:* Net loss at Rs 12.4 cr vs profit of Rs 7.2 cr, Revenue down 8.3% at Rs 501 cr vs Rs 546.4 cr (YoY) (Negative)

*Power stocks:* Power producers face Rs 1,000-crore loss as CERC bars payment till plants begin ops: media reports (Negative)

Stocks Picker Articles

28 Jan 2025 18:48

SOM DISTILLERIES Q3 :CONS NET PROFIT UP 63 % AT 899 CR (YOY), UP 143 % (QOQ)

NET REVENUE UP 13 % AT 301 CR (YOY) ,UP 4 % (QOQ)

EBITDA UP 13 % AT 36.03 CR (YOY),UP 6 %(QOQ)

MARGINS AT 11.95 % V 11.95 % (YOY), 11.7 % (QOQ)

Stocks Picker Articles

28 Jan 2025 10:26

*NUCLEUS SOFTWARE EXPORTS:* Q3 CONS NET PROFIT 350M RUPEES VS 331M (QOQ) Q3 EBITDA 332M RUPEES VS 278M (QOQ) || Q3 EBITDA MARGIN 16.14% VS 13.73% (QOQ) (OPERATIONAL NUMBERS SEEN BETTER QOQ)

Stocks Picker Articles

28 Jan 2025 09:57

GREAT EASTERN Q3

NET PROFIT AT 590 CR V 540 Cr YOY

REVENUE AT 1240 CR V 1245 CR

EBITDA AT 877 CR V 650 CR YOY

MARGINS AT 70.8 % V 52 %

Stocks Picker Articles

28 Jan 2025 04:27

*Corporate Actions*

ITC Ltd has declared Wednesday, January 29 as the day its demerged hotel entity, ITC Hotels begins trading on the bourses.

Prime Securities has approved a tender buyback of upto 6,00,000 Equity Shares, representing about 1.79% of total Equity Shares, at a price of Rs. 305/- per Equity Share, for an aggregate amount of Rs. 18.30 Cr.

Enbee Trade & Finance has approved bonus equity shares in the proportion of 1 new equity share for every 6 existing equity shares held (i.e. in the ratio of 1:6), subject to necessary approval from the shareholders of the Company.

*Dividend*

*28-Jan-25*
WIPRO: Interim Dividend - Rs. - 6.00
TIPSMUSIC: Interim Dividend - Rs. - 3.00
MANGIND: Interim Dividend - Rs. - 0.01
ZENSARTECH: Interim Dividend - Rs. - 2.00
WENDT: Interim Dividend - Rs. - 30.00

*29-Jan-25*
BPCL: Interim Dividend - Rs. - 5.00
MPSLTD: Interim Dividend - Rs. - 33.00
MINDSPACE: Income Distribution RITES

*30-Jan-25*
ACCELYA: Interim Dividend - Rs. - 50.00
HUDCO: Interim Dividend - Rs. - 2.05
COFORGE: Interim Dividend - Rs. - 19.00
SIEMENS: Dividend - Rs. - 12.00
BALKRISIND: Interim Dividend - Rs. - 4.00
TCI: Interim Dividend - Rs. - 4.50


*IPO*
Dr. Agarwal's Healthcare: Open: 29-Jan-25; Close: 31-Jan-25

*Buyback*
---

*Bonus*
Indraprastha Gas: Bonus Issue 1:1; Ex-Date: 31-Jan-25

*Stock Split*
Mazda: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 28-Jan-25
Kiduja India: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 31-Jan-25
Senco Gold: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 31-Jan-25
JBM Auto: Stock Split From Rs. 2/- to Rs. 1/-; Ex-Date: 31-Jan-25
Mohite Industries: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 31-Jan-25
Rama Phosphates: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25

*Right Issue*
Dhanlaxmi Bank: Open: 08-Jan-25; Close: 28-Jan-24
Pro Fin Capital Services: Open: 09-Jan-25; Close: 28-Jan-24
California Software: Open: 24-Jan-25; Close: 31-Jan-24
GTT Data Solutions: Open: 27-Jan-25; Close: 04-Feb-24
Harshil Agrotech: Open: 10-Jan-25; Close: 05-Feb-24
Globe Textiles (India): Open: 24-Jan-25; Close: 06-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24
Ultracab (India): Open: 28-Jan-25; Close: 11-Feb-24
Iel: Open: 04-Feb-25; Close: 21-Feb-24

*Open Offer*
Prataap Snacks: Open: 16-Jan-25; Close: 29-Jan-24
Religare Enterprises: Open: 27-Jan-25; Close: 07-Feb-24

Stocks Picker Articles

28 Jan 2025 04:16

*OPENING BELL*



📍 Q3 Results

- Bajaj Housing: Q3 net profit up 26% YoY to ₹548 crore, flat QoQ.

- Prudent Corporate: Q3 net profit down 6% QoQ at ₹48.19 crore, up 35% YoY.

- Emami: Q3 net profit up 7% YoY to ₹279 crore.

- Tata Steel: Q3 net profit down 36% YoY to ₹326 crore, down 61% QoQ.

- Kaynes Tech: Q3 net profit up 47% YoY at ₹66.4 crore, up 10% QoQ.

- KNR Heat: Q3 net profit up 75% YoY to ₹13.72 crore, up 11% QoQ.

- Mahindra Logistics: Q3 net loss of ₹7.2 crore vs ₹16.1 crore loss YoY, ₹9.6 crore loss QoQ.

- Updater Services: Q3 net profit up 48% YoY to ₹30.8 crore, up 10% QoQ.

- Federal Bank: Q3 net profit down 5% YoY to ₹955 crore, down 9% QoQ; NII up 14% YoY to ₹2,431 crore, up 3% QoQ; Gross NPA at 1.95% vs 2.09% QoQ.

- Vrinchi: Q3 net profit at ₹3.71 crore vs ₹0.16 crore profit QoQ, down 33% YoY.

- Railtel: Q3 net profit up 5% YoY at ₹65 crore, down 10% QoQ.

- Prataap Snacks: Q3 net loss of ₹37.93 crore vs ₹10.79 crore profit YoY, ₹6.15 crore profit QoQ.

- Union Bank: Q3 net profit up 28% YoY to ₹4,603 crore, down 2% QoQ; Gross NPA down 10% QoQ to ₹36,552 crore.

- New India Assurance: Q3 net profit down 52% YoY to ₹344 crore, up 368% QoQ; Net premium earned up 1% YoY to ₹9,070 crore, up 6% QoQ.

- Aurionpro Solutions: Q3 net profit up 5% QoQ to ₹47.3 crore, up 5% YoY; Revenue up 10% QoQ to ₹306 crore, up 33% YoY.

---

📍 Acquisitions & Mergers

- Hatsun Agro: Completes acquisition of Milk Mantra Dairy Pvt Ltd.

- Max Healthcare: Completes acquisition of additional equity stake in Starlit Medical Centre Pvt Ltd.

- Narayana Hrudayalaya: Signs MOU with Sunglow Realties for a 200-bed hospital in Bengaluru.

---

📍 Leadership Changes

- IIFL Finance: Business Head-Unsecured Lending, Bharat Aggarwal, resigns effective Jan 27, 2025.

- Paytm: CEO Nakul Jain resigns effective March 31, 2025.

---

📍 Order Wins & Contracts

- Azad Engineering: Wins order from BHEL for advanced rotating airfoils for supercritical turbines.

- Updater Services: Adds 95+ new logos, including Tata EV, Meta, and Schneider.

- Azad Engineering: Meets BHEL’s stringent requirements for advanced airfoils, establishing itself as an import substitute.

---

📍 Fundraising & Corporate Updates

- Samaan Capital: Announces allotment of ₹1,300 crore shares to QIBs at ₹150 per share.

- Samaan Capital: Raises ₹1,300 crore via QIP with investors including Societe Generale, Citigroup, and Morgan Stanley.

- Vrinchi: Appoints a consultant to raise funds through equity shares or other instruments.

---

📍 Miscellaneous

- Oriana Power: Clarifies it’s insulated from external market risks, unaffected by international policy shifts.

Stocks Picker Articles

28 Jan 2025 04:08

*Q3FY25 EARNING CALENDAR 28.01.2025*

AMIORG, APARINDS, APCOTEXIND, ARVIND, *BAJAJ-AUTO*, *BHEL*, BLISSGVS, BOSCHLTD, *CGPOWER*,*CIPLA*, *COLPAL*, CSBBANK, DYCL, EMUDHRA, *EXIDEIND*, GESHIP, GMRAIRPORT, GREENPLY, *HINDZINC*, HOMEFIRST, *HYUNDAI*, IDEAFORGE, IFBIND, IIFLCAPS, IXIGO, JMFINANCIL, *JSWENERGY*, *JSWINFRA*, JTLIND, JUBLINGREA, KALAMANDIR, KIRLPNU, LLOYDSME, *M&MFIN*, MAPMYINDIA, *MGL*, NOVARTIND, NUCLEUS, PDSL, PNBGILTS, PPLPHARMA, RITES, ROUTE, RRKABEL, *SBICARD*, SDBL, SHYAMMETL, SIS, STARHEALTH, STEELCAS, STYLEBAAZA, SUZLON, SYRMA, TATVA, TCC, TCIEXP, TIRUMALCHM, TTKPRESTIG, TVSHLTD, *TVSMOTOR*, UTIAMC, VGUARD, VIPIND

*BAJAJ-AUTO* YoY
* Revenue expected at Rs 12972 crore versus Rs 12113 crore
* EBITDA expected to be seen at Rs 2591 crore versus Rs 2429 crore
* EBITDA margin expected to be seen at 19.97% versus 20.06%
* Net profit expected to be seen at Rs 2154 crore versus Rs 2041 crore

*BHEL* YoY
* Revenue expected at Rs 6750 crore versus Rs 5503 crore
* EBITDA expected to be seen at Rs 290 crore versus Rs -62 crore
* EBITDA margin expected to be seen at 4.30% versus -1.14%
* Net profit expected to be seen at Rs 129 crore versus Rs -148 crore

*CGPOWER* QoQ
* Revenue expected at Rs 2475 crore versus Rs 2412 crore
* EBITDA expected to be seen at Rs 335 crore versus Rs 294 crore
* EBITDA margin expected to be seen at 13.54% versus 12.21%
* Net profit expected to be seen at Rs 257 crore versus Rs 221 crore

*CIPLA* YoY
* Revenue expected at Rs 6920 crore versus Rs 6603 crore
* EBITDA expected to be seen at Rs 1775 crore versus Rs 1747 crore
* EBITDA margin expected to be seen at 25.65% versus 26.46%
* Net profit expected to be seen at Rs 1204 crore versus Rs 1250 crore

*COLPAL* YoY
* Revenue expected at Rs 1494 crore versus Rs 1386 crore
* EBITDA expected to be seen at Rs 463 crore versus Rs 468 crore
* EBITDA margin expected to be seen at 29.18% versus 33.78%
* Net profit expected to be seen at Rs 330 crore versus Rs 330 crore

*EXIDEIND* YoY
* Revenue expected at Rs 4119 crore versus Rs 3840 crore
* EBITDA expected to be seen at Rs 475 crore versus Rs 439 crore
* EBITDA margin expected to be seen at 11.53% versus 11.45%
* Net profit expected to be seen at Rs 263 crore versus Rs 240 crore

*HINDZINC* QoQ
* Revenue expected at Rs 8496 crore versus Rs 8004 crore
* EBITDA expected to be seen at Rs 4371 crore versus Rs 4123 crore
* EBITDA margin expected to be seen at 51.445% versus 51.51%
* Net profit expected to be seen at Rs 2505 crore versus Rs 2410 crore

*JSWENERGY* YoY
* Revenue expected at Rs 2726 crore versus Rs 2542 crore
* EBITDA expected to be seen at Rs 1244 crore versus Rs 1112 crore
* EBITDA margin expected to be seen at 45.63% versus 43.75%
* Net profit expected to be seen at Rs 349 crore versus Rs 231 crore

*JSWINFRA* QoQ
* Revenue expected at Rs 1137 crore versus Rs 1001 crore
* EBITDA expected to be seen at Rs 560 crore versus Rs 675 crore
* EBITDA margin expected to be seen at 49.25% versus 67.47%
* Net profit expected to be seen at Rs 340 crore versus Rs 371 crore

*M&MFIN* YoY
* NII expected at Rs 1984 crore versus Rs 1698 crore
* EBIT expected to be seen at Rs 1180 crore versus Rs 1062 crore
* EBIT margin expected to be seen at 65.01% versus 58.52%
* Net profit expected to be seen at Rs 561 crore versus Rs 552 crore

*SBICARD* QoQ
* NII expected at Rs 1551 crore versus Rs 1502 crore
* EBIT expected to be seen at Rs 1880 crore versus Rs 1757 crore
* EBIT margin expected to be seen at 45.41% versus 48.36%
* Net profit expected to be seen at Rs 438 crore versus Rs 404 crore

*TVSMOTOR* YoY
* Revenue expected at Rs 9125 crore versus Rs 8245 crore
* EBITDA expected to be seen at Rs 1071 crore versus Rs 924 crore
* EBITDA margin expected to be seen at 11.74% versus 11.21%
* Net profit expected to be seen at Rs 656 crore versus Rs 593 crore