Profit Booker

2022-05-12 06:47:00 Nifty Support 15925-950 below this next support 15840

May test 16100-125

Bank Nifty Support 33900

May test 34375-425 Open / Comment

2022-05-12 06:46:53 Results on May 12: L&T, Tata Motors,

RBL Bank, Apollo Tyres will be in focus ahead of Q4 earnings. Larsen & Toubro, Tata Motors, RBL Bank, Siemens, Aditya Birla Capital, Anupam Rasayan India, Apollo Tyres, Coforge, Greaves Cotton, Gujarat State Petronet, Honeywell Automation India, Poonawalla Fincorp, Ujjivan Small Finance Bank, Windlas Biotech, Avanti Feeds, Brigade Enterprises,CreditAccess Grameen, Genus Power Infrastructures, HP Adhesives, ICRA, Jammu & Kashmir Bank, JMC Projects,Lumax Auto Technologies, Matrimony com, Mindspace Business Parks REIT, South Indian Bank and Spencers Retail will release quarterly earnings on May 12. Open / Comment

2022-05-12 06:44:48 Stocks In News Today

Birla Corporation: The company reported a 55.4 percent year-on-year decline in consolidated profit at Rs 111 crore for the quarter ended March 2022, impacted by higher power and fuel, input cost, and exceptional loss. Revenue grew 6 percent to Rs 2,264.2 crore from a year ago.

Petronet LNG: The liquefied natural gas importer clocked a 24 percent year-on-year growth in consolidated profit at Rs 791 crore in Q4FY22, driven largely by a strong topline. Revenue grew by 47.3 percent to Rs 11,160.4 crore compared to the year-ago period.

Punjab National Bank Q4: Net profit went down 65.5% at Rs 201.6 crore against Rs 586.3 crore (YoY). NII grew 5% at Rs 7,304.1 crore against Rs 6,956.8 crore (YoY). Gross NPA at 11.78% against 12.88% (QoQ). Net NPA at 4.8% against 4.9% (QoQ). Gross NPA at Rs 92,448 crore against Rs 97,259 crore (QoQ). Net NPA at Rs 34,908.7 crore against Rs 33,879 crore (QoQ).

Power Grid Corporation of India: The company has acquired Khetri-Narela Transmission (KNTL), the project SPV, to establish transmission system strengthening scheme for evacuation of power from solar energy zones in Rajasthan under Phase-II Part-G, on build, own, operate and maintain (BOOM) basis from the bid process coordinator – PFC Consulting.

Hindalco Industries: Subsidiary Novelis Inc recorded a 21 percent year-on-year growth in net income at $217 million in March 2022 quarter, driven by topline and lower tax cost.

Relaxo Footwears: The company reported a 38 percent on-year decline in profit at Rs 63 crore for the quarter ended March 2022, impacted by lower operating income and topline.

Coforge Q4: Net profit was up 13% at Rs 207.7 crore against Rs 183.7 crore (QoQ). Rupee revenue rose 5.1% at Rs 1,742.9 crore against Rs 1,658.1 crore (QoQ). EBIT was up 3% at Rs 254.1 crore against Rs 246.7 crore (QoQ). EBIT margin at 14.6% against 14.9% (QoQ).

NCC: The construction company recorded a 97.4 percent on-year growth in consolidated profit at Rs 234 crore in the quarter ended March 2022 despite weak operating income that was hit by higher input cost.

Pfizer: Life Insurance Corporation of India acquired 2.03 percent equity stake in the company via open market transactions.

Macrotech Developers: The real estate developer in partnership with Bain Capital and Ivanhoé Cambridge will develop a next-generation green digital infrastructure platform. Open / Comment

2022-05-11 07:03:27 Results on May 11

Adani Ports, Punjab National Bank, Indian Bank, Petronet LNG, Balaji Amines, Birla Corporation, HSIL, JSW Ispat Special Products, Kalyan Jewellers India, Kennametal India, KSB, Lakshmi Machine Works, Lloyds Steels Industries, NCC, Skipper, Prism Johnson, Relaxo Footwears, Sagar Cements, SKF India, Butterfly Gandhimathi Appliances, Century Enka, Cholamandalam Financial Holdings, and DIC India will release quarterly earnings on May 11. Open / Comment

2022-05-10 07:01:39 Stocks in News Today

HCL Tech: HCL Tech to acquire Bengaluru-based Quest Informatics for Rs 15 cr cash. HCL Technologies announced it will acquire Bengaluru-based Quest Informatics, an aftermarket, Industry 4.0 and IoT company, in an all-cash deal worth Rs 15 crore. The company founded in 2000 had revenue of Rs 13.6 crore for FY21. It has come down from Rs 18.6 crore reported in FY20. HCL Technologies also adopted Intelligent Data Migration Platform from Syniti.

KEI Industries: KEI Industries net profit up 35% YoY to Rs 116 crore. The company clocked 35 percent year-on-year growth in consolidated profit at Rs 116 crore in the quarter ended March 2022, led by other income, operating income and robust topline. Revenue during the quarter increased by 44 percent to Rs 1,792 crore YoY.

3i Infotech: 3i Infotech net loss narrows in March quarter. The IT company posted a loss of Rs 3.9 crore for the March 2022 quarter, which narrowed from Rs 22.63 crore in previous quarter. Revenue grew by 6 percent sequentially to Rs 175.6 crore.

Gujarat Narmada Valley Fertilizers & Chemicals: Gujarat Narmada Valley net profit doubles in March quarter. The company more than doubled its consolidated profit to Rs 643 crore from Rs 310.5 crore in the same period last year, due to strong operating income and topline. Revenue grew by 60 percent to Rs 2,772 crore from a year ago.

Borosil: Borosil consolidated net profit surges 88% YoY. The company recorded a consolidated profit at Rs 34.6 crore for the quarter ended March 2022, up 88 percent from the same period last year. Revenue grew by 19.5 percent to Rs 220 crore during the same period.

Godrej Agrovet: Godrej Agrovet net profit rises 121% YoY. The company reported 120.6 percent year-on-year growth in consolidated profit at Rs 140 crore in Q4FY22 driven by higher other income, operating income and robust topline.

Craftsman Automation: Craftsman Automation net profit up 9% YoY in March quarter. The company recorded 8.8 percent year-on-year growth in consolidated profit at Rs 51.5 crore in Q4FY22 with tepid growth in EBITDA (up 2.8 percent) due to higher input cost. Revenue grew by 22 percent to Rs 656.7 crore from a year ago.

Aarti Drugs: Aarti Drugs reports 7% YoY net profit to Rs 55 crore. The company reported a 7.1 percent year-on-year growth in consolidated profit at Rs 55.32 crore in the quarter ended March 2022 with tepid growth of 6 percent in EBITDA at Rs 86 crore. Revenue grew strongly by 38 percent to Rs 694.3 crore during the same period.
Aarti Drugs: Aarti Drugs reports 7% YoY net profit to Rs 55 crore. The company reported 7.1 percent year-on-year growth in consolidated profit at Rs 55.32 crore in the quarter ended March 2022 with tepid growth of 6 percent in EBITDA at Rs 86 crore. Revenue grew strongly by 38 percent to Rs 694.3 crore during the same period.

Cosmo Films: Cosmo Films net profit surges 45% YoY to Rs 108 crore. The company recorded a 45.3 percent year-on-year growth in consolidated profit at Rs 108.2 crore in the quarter ended March 2022, driven by higher operating income and topline. Revenue grew by 22 percent to Rs 821 crore during the same period. Open / Comment

2022-05-10 07:01:31 Results on May 10

Asian Paints, Cipla, Vodafone Idea, Gujarat Gas, Ajanta Pharma, Cera Sanitaryware, Chalet Hotels, Chemplast Sanmar, Dishman Carbogen Amcis, Elantas Beck India, Electrosteel Castings, Kansai Nerolac Paints, Max Financial Services, Mahanagar Gas, MRF, Polycab India, Neuland Laboratories, Orient Electric, Reliance Capital, R Systems International, Shemaroo Entertainment, Tajgvk Hotels & Resorts, TD Power Systems, Torrent Power, Venky's (India), and Welspun India will release quarterly earnings on May 10. Open / Comment

2022-05-09 10:17:45 BUY CALL INTRADAY OPTIONS BUY - NIFTY 16300 CE 12 MAY @130 CMP TGT - 150 / 170 SL - 110 Open / Comment

2022-05-09 10:13:07 130 to 216
ALL TARGETS ACHIEVED Open / Comment

2022-05-03 11:55:17 The IMF expects India to grow 8.2% this year.

#imf #stockmarkets Open / Comment

2022-05-02 17:02:04 Top 7 States in India which have the Highest No. of Investors:

1. Maharashtra - 1.9 Crore
2. Gujarat - 1.02 Crore
3. Uttar Pradesh - 72.4 Lakh
4. Karnataka - 52.5 Lakh
5. Tamil Nadu - 49.7 Lakh
6. Rajasthan - 48.5 Lakh
7. Delhi - 44.5 Lakh

Which state were you expecting on top? Open / Comment