DM Stocks

2021-07-30 09:26:32 M&M in focus
SM GROUP, CARDINAL ONE, OTHERS SUBMIT BID FOR SSANGYONG: YONHAP (Bloomberg) Open / Comment

2021-07-30 09:21:06 Sail may raise prices of long and flat products by atleast Rs 1000/ton from Aug 1: Sources to Reuters Open / Comment

2021-07-30 07:39:55 Have been advocating performance of Deepak Nitrite for a long time....again great results....investors should continue to hold the stock Open / Comment

2021-07-30 07:23:33 Elgi Equipments...its been consolidating from April....big volumes seen for last few days....ripe candidate for breakout...trade with sl as per risk..... Open / Comment

2021-07-30 06:55:05 Jubilant Food: Open up trade + Devyani IPO + Momentum Open / Comment

2021-07-30 06:28:06 Sun Pharma expected to report results on July 30. FIRST QUARTER
Net income estimate 14.13 billion rupees (range 12.62 billion rupees to 15.16 billion rupees) (Bloomberg Consensus)
Revenue estimate 87.93 billion rupees (range 81.79 billion rupees to 91.43 billion rupees)
Ebitda estimate 21.01 billion rupees (range 18.38 billion rupees to 22.57 billion rupees)

UPL expected to report results on July 30. FIRST QUARTER
Net income estimate 6.81 billion rupees (range 5.74 billion rupees to 8.58 billion rupees) (Bloomberg Consensus)
Revenue estimate 85.55 billion rupees (range 83.23 billion rupees to 88.27 billion rupees)
Ebitda estimate 19.37 billion rupees (range 18.14 billion rupees to 20.68 billion rupees)

Britannia expected to report results on July 30. FIRST QUARTER
Net income estimate 4.12 billion rupees (range 3.63 billion rupees to 5.14 billion rupees) (Bloomberg Consensus)
Revenue estimate 31.71 billion rupees (range 29.33 billion rupees to 33.85 billion rupees)
Ebitda estimate 5.45 billion rupees (range 4.90 billion rupees to 5.91 billion rupees)

Bharat Heavy expected to report results on July 30. FIRST QUARTER
Net loss estimate 3.47 billion rupees (Bloomberg Consensus)
Ebitda loss estimate 2.74 billion rupees
Revenue estimate 41 billion rupees

Exide Industries expected to report results on July 30. FIRST QUARTER
Net income estimate 1.64 billion rupees (Bloomberg Consensus)
Revenue estimate 24.10 billion rupees
Ebitda estimate 3.03 billion rupees

PI Industries expected to report results on July 30. FIRST QUARTER
Net income estimate 2.16 billion rupees (range 2.10 billion rupees to 2.19 billion rupees) (Bloomberg Consensus) (3 estimates)
Revenue estimate 13.58 billion rupees (range 12.45 billion rupees to 14.88 billion rupees)
Ebitda estimate 2.95 billion rupees (range 2.61 billion rupees to 3.65 billion rupees)

Indian Oil expected to report results on July 30. FIRST QUARTER
Net income estimate 40.70 billion rupees (Bloomberg Consensus)
Revenue estimate 1.28 trillion rupees
Ebitda estimate 86.10 billion rupees

Shriram Transport expected to report results on July 30. FIRST QUARTER
Net income estimate 5.68 billion rupees (Bloomberg Consensus)
Revenue estimate 21.70 billion rupees
Net interest income estimate 21.50 billion rupees

Birla Fashion expected to report results on July 30. FIRST QUARTER
Net loss estimate 3.49 billion rupees (Bloomberg Consensus)
Revenue estimate 6.43 billion rupees

Marico expected to report results on July 30. FIRST QUARTER
Net income estimate 3.63 billion rupees (range 3.38 billion rupees to 4.01 billion rupees) (Bloomberg Consensus)
Revenue estimate 25.01 billion rupees (range 24.64 billion rupees to 25.96 billion rupees)
Ebitda estimate 4.96 billion rupees (range 4.71 billion rupees to 5.34 billion rupees)

KEC International expected to report results on July 30. FIRST QUARTER
Net income estimate 717.2 million rupees (range 200.0 million rupees to 996.0 million rupees) (Bloomberg Consensus)
Revenue estimate 26.27 billion rupees (range 23.17 billion rupees to 28.94 billion rupees)
Ebitda estimate 1.89 billion rupees (range 1.20 billion rupees to 2.32 billion rupees)

Kansai Nerolac expected to report results on July 30. FIRST QUARTER
Net income estimate 987.50 billion rupees (Bloomberg Consensus) (2 estimates)
Revenue estimate 10.80 billion rupees (2 estimates)
Ebitda estimate 1.58 billion rupees (2 estimates)

V-Guard expected to report results on July 30. FIRST QUARTER
Net income estimate 380.0 million rupees (Bloomberg Consensus)
Revenue estimate 6.25 billion rupees
Ebitda estimate 597.3 million rupees

JSW Energy expected to report results on July 30. FIRST QUARTER
Net income estimate 2.56 billion rupees (range 2.49 billion rupees to 2.62 billion rupees) (Bloomberg Consensus)
Revenue estimate 20.64 billion rupees (range 18.08 billion rupees to 22.61 billion rupees)
Ebitda estimate 7.92 billion rupees (range 7.52 billion rupees to 8.41 billion rupees) Open / Comment

2021-07-30 06:22:11 RESULTS TODAY Open / Comment

2021-07-30 05:00:07 1QFY22 Result Review
Tech Mahindra - BUY: Strong quarter with beat on all fronts; valuation inexpensive
TechM reported better than expected results with beat on both revenue and margins. Revenue for 1QFY22 stood at USD1,384m, up 3.9% cc QoQ versus our expectation of 2.5%. EBIT margin contracted 130bps sequentially to 15.2%, however better than our expectation. The growth was broad based across all the verticals and geographies. Deal wins continue to be healthy for the second consecutive quarter which improves the growth outlook in coming quarters. TechM reiterated the guidance of winning deals between USD0.8bn to USD1bn in coming quarters as deal pipeline remains healthy and at all-time high. Management maintain the guidance of double digit organic revenue growth and operating margin to improve further in 2Q from 15.2% reported in 1Q.
Maintain BUY; increase TP to INR1,550 (from INR1,200)
TechM reported better than expected 1Q results while deals wins momentum remain strong and expected to improve. Both top line and bottom line came in better than our expectations; while management commentary alluded to improving deals and growth. We increase our FY22/23e EPS estimates by 5%/8% post better than expected 1Q results; while increase target PE multiple to 22x (from 18x earlier) on better medium term growth outlook. We now value TechM at 22x on FY23e EPS which is at 30% discount to Infosys and TCS. Open / Comment

2021-07-29 13:32:43 I am sharing 'Stock_Verdict_Maithan_Alloys_2021-07-29' with you Open / Comment

2021-07-29 11:59:30 Ferro Chrome prices with its producers Open / Comment