Profit Booker

2022-04-22 08:54:45 Banknifty 28 April CE 36600 Buy-315above Target -325/340/350 SL-280 Open / Comment

2022-04-22 08:29:05 Banknifty 28 April CE 36600 Buy-315above Target -325/340/350 SL-280 Open / Comment

2022-04-22 08:28:46 Banknifty 28 April CE 36600

Buy-315above

Target -325/340/350

SL-280 Open / Comment

2022-04-22 06:44:24 Stocks in News Today

Tata Communications: Profit for Q4FY22 rises 23.3 percent YoY; revenue grows 4.6 percent. Profit in Q4FY22 grew by 23.2 percent YoY to Rs 369 crore on higher other income. Revenue grew by 4.6 percent to Rs 4,263 crore in same period driven by data services segment, which contributed the most to revenue. The board has recommended a dividend of Rs 20.7 per share for the year, as a result of the company reporting strong profitability.

CRISIL: Profit increased by 45.6 percent on year; revenue grew by 20.1 percent. Profit for the quarter ended March 2022 increased by 45.6 percent YoY to Rs 121.6 crore on strong revenue growth. Income from operations for the quarter grew by 20.1 percent to Rs 595 crore YoY. The board approved the payment of interim dividend of Rs 7 per share for the financial year ending March 2022.

Paytm: Canada Pension Plan Investment Board (CPPIB) has increased its stake in Paytm from 1.57% to 1.71% in the quarter ended March 2022.

ITC: ITC to acquire a 10.07% stake in Blupin Technologies Pvt. Ltd.

HCL Technologies: Profit rises 4.4 percent QoQ; revenue grows by 1.2 percent sequentially. The IT services company recorded 4.4 percent sequential growth in profit at Rs 3,593 crore and 1.2 percent QoQ growth in revenue at Rs 22,597 crore, but earnings before interest & tax fell 4.4 percent QoQ to Rs 4,069 crore.

ICICI Lombard General Insurance Company: Profit for Q4FY22 falls 9.6 percent on year; net premium earned jumped 27 percent. The company reported 9.6 percent year-on-year decline in profit at Rs 312.5 crore, but net premium earned during the quarter jumped 27 percent to Rs 3,318 crore and total income grew by 33 percent to Rs 4,636 crore from a year ago.

TVS Motor Company: To make additional investment in Norton Motorcycle. The company announced an additional investment of 100 million pound in Norton Motorcycle, Britain's most iconic sporting motorcycle brand. Norton Motorcycle was acquired in April 2020.

L&T Technology Services: Profit for Q4FY22 increased 5.3 percent QoQ; revenue rises 4.1 percent. The IT company clocked 5.3 percent sequential growth in profit at Rs 262 crore on better EBIT that grew by 4.1 percent with flat margin at 18.6 percent QoQ, while revenue increased 4.1 percent to Rs 1,756.1 crore compared to previous quarter.

Windlas Biotech: ICICI Prudential MF acquired additional stake. ICICI Prudential Mutual Fund acquired 32,871 shares in the company via open market transactions on April 19. With this, its shareholding in the company has increased to 7.26 percent from 7.11 percent earlier.

JSW Energy: Subsidiary to set up 1,500 MW hydro pumped storage project in Telangana. Subsidiary JSW Neo Energy is going to set up 1,500 MW capacity of hydro pumped storage project (PSP) - Komoram Bheem Pumped Storage Project - in Telangana.

3i Infotech: Signed a Rs 12 crore deal with a leading insurance company in India. The IT company has signed a Rs 12 crore digital BPS transformational deal with a leading insurance company in India. Open / Comment

2022-04-22 06:36:41 Results on April 22 and April 23

Aditya Birla Money, Hindustan Zinc, Sundram Fasteners, Tata Metaliks, Tejas Networks, MMTC, Wendt (India), Bhakti Gems and Jewellery, Eiko Lifesciences, Jhandewalas Foods, Khaitan Chemicals & Fertilizers, Quest Capital Markets, RS Software India, and Sharad Fibres & Yarn Processors will release quarterly earnings on April 22.

ICICI Bank, Bhansali Engineering Polymers, and Indag Rubber will release quarterly earnings on April 23. Open / Comment

2022-04-21 12:03:01 HERO OR ZERO CALL BUY - BNF 36700 CE BUY @80 CMP TGT - 120 / 160 / 210 ++ SL - 0 HIGH CONVICTION Open / Comment

2022-04-21 12:00:56 HERO OR ZERO CALL BUY - BNF 36700 CE BUY @80 CMP TGT - 120 / 160 / 210 ++ SL - 0 HIGH CONVICTION Open / Comment

2022-04-21 06:51:14 HERO OR ZERO CALL

BUY - BNF 36700 CE

BUY @80 CMP

TGT - 120 / 160 / 210 ++

SL - 0

HIGH CONVICTION Open / Comment

2022-04-21 06:42:01 Stocks in News - 21 Apr 2022

Angel One: The company has approved a final dividend of ₹2.25 per share for FY22.

Infosys: Infosys has completed the acquisition of Oddity, a Germany-based digital marketing, experience and commerce agency.

Tata Consultancy Services: TCS is now a Microsoft Cloud for financial services partner. The company will help financial services firms accelerate their growth and transformation with Microsoft Cloud for financial services solutions.

Tata Elxsi: Profit jumps 39 percent; revenue growth 31.5 percent year on year (YoY). The design and technology services provider clocked 39 percent YoY growth in Q4FY22 profit at Rs 160 crore on healthy growth in revenue that increased 31.5 percent YoY to Rs 682 crore helped by double-digit growth in transportation, media and communications, and healthcare segments. EBITDA grew by 32 percent YoY to Rs 221.2 crore in Q4FY22.

Century Plyboards: Incorporated a wholly owned subsidiary for rejuvenation of Khidderpore docks (KPD-I West). The company has incorporated a wholly owned subsidiary - Century Ports at Kolkata. The company through its subsidiary will carry out the project for rejuvenation of Khidderpore docks (KPD-I West) in public private partnership mode on a design, build, finance, operate and transfer (DBFOT) basis at Syama Prasad Mookerjee Port, Kolkata.

FSN E-Commerce Ventures (Nykaa): Aveda, a global leader in prestige hair care, has partnered with Nykaa. Aveda has partnered with Nykaa to launch Aveda X Nykaa, with the opening of the first store in the garden city of India - Bengaluru. The beauty and personal care market in India was Rs 1,26,700 crore in 2019, growing at a compound annual rate of 13 percent in the last three years.

Persistent Systems: Kotak Mahindra Mutual Fund bought additional stake. Kotak Mahindra Mutual Fund bought additional 21,566 shares in the IT company via open market transactions on April 18. With this, Kotak MF's shareholding in the company stands at 5 percent, up from 4.97 percent earlier.

Everest Kanto Cylinder: Subsidiary signed a joint venture pact to manufacture CNG cylinders in Middle East and North Africa (MENA). Subsidiary EKC International FZE (Dubai) has entered into a joint venture agreement with Dr Mohamed Saad Eldin.

Atul Auto: Joined hands with Valeo and Honda Power Pack Energy India for electric vehicles. The company joined hands with Valeo and Honda Power Pack Energy India for electric vehicles with battery swapping solution.

Damodar Industries: Rating upgrade by CRISIL. CRISIL has upgraded long term credit rating on the company's bank loan facilities to BBB-, from BB+ with stable outlook, and short term credit rating to A3, from A4+. Open / Comment

2022-04-21 06:38:56 Results on April 21: HCL Tech, Nestle India, and others will release quarterly earnings on April 21. Others include ICICI Lombard General Insurance Company, L&T Technology Services, Tata Communications, CRISIL, Cyient, Rallis India, Sasken Technologies, Shiva Cement, Betala Global Securities, Rajratan Global Wire, Roni Households, Shukra Jewellers, S&T Corporation, and Trident Texofab. Open / Comment