stock market

2021-07-28 05:39:41 Earnings Post Market Hours

IndusInd Bank Q1FY22 (Consolidated)
• Net Profit up 99.2% at Rs 1,016 crore Vs Rs 510 crore (YoY) (Bloomberg estimate: Rs 802 crore)
• NII up 7.7% at Rs 3,564 crore Vs Rs 3,309 crore (YoY) (Bloomberg estimate: Rs 3,569 crore)
• GNPA at 2.88% Vs 2.67% (QoQ)
• NNPA at 0.84% Vs 0.69% (QoQ)
• Provisions down 1.6% at Rs 1,844 crore Vs Rs 1,865.59 crore(QoQ)
• Added Rs 2,762 crore worth bad loans
• Write offs stood at Rs 938 crore
• Bad loans amounting to Rs 845 crore were upgraded and Rs 589 crore was recovered
• Sold a Rs 830-crore bad loan for Rs 400 crore to an asset reconstruction company during the quarter
• Deposits up 26% at Rs 2.67 lakh crore Vs Rs 2.11 lakh crore (YoY)

IndiGo Q1FY22 (Consolidated, QoQ)
• Revenue down 52% at Rs 3,006.90 crore Vs Rs 6,222.90 crore (Bloomberg Estimate: Rs 3,190 crore)
• Net loss at Rs 3,179 crore Vs Rs 1,159 crore (Bloomberg Estimate: Rs 1,979 crore loss)
• Ebitda loss of Rs 1,418 crore Vs Ebitda gain of Rs 616 crore (Bloomberg Estimate: Rs 214 crore)
• Basic earnings per share was negative Rs 82.47
• Total debt stood at Rs 31,690.10 crore
• Total cash balance at Rs 17,067.90 crore

Torrent Pharmaceuticals Q1FY22 (Consolidated, QoQ)
• Revenue up 10% at Rs 2,134 crore Vs Rs 1,937 crore (Bloomberg estimate: Rs 2,169 crore)
• Net profit up 2% at Rs 330 crore Vs Rs 324 crore (Bloomberg estimate: Rs 359 crore)
• Ebitda up 16% at Rs 677 crore Vs Rs 582 crore (Bloomberg estimate: Rs 679 crore)
• Margins at 31.7% Vs 30% (Bloomberg estimate: 31.3%)

Granules India Q1FY22 (Consolidated, QoQ)
• Revenue up 6% at Rs 849.84 crore Vs Rs 799.31 crore
• Net profit down 6% at Rs 120.20 crore Vs Rs 127.56 crore
• Ebitda flat at Rs 201.42 crore Vs Rs 201.99 crore
• Margins at 23.7% Vs 25.3%
• Declared first interim dividend of 0.25 paise per share
• Growth was driven by new launches and increased market share for existing products

Dalmia Bharat Q1FY22 (Consolidated, QoQ)
• Revenue down 18% at Rs 2,589 crore Vs Rs 3,146 crore
• Net profit down 64% at Rs 227 crore Vs Rs 627 crore
• Ebitda down 8% at Rs 704 crore Vs Rs 765 crore
• Margins 27.2% Vs 24.3%

Karnataka Bank Q1FY22 (Consolidated)
• NII up 7% at Rs 574.79 crore Vs Rs 535.12 crore (YoY)
• Net profit down 46% at Rs 105.91 crore Vs Rs 196.38 crore (YoY)
• GNPA at 4.82% Vs 4.91% (QoQ)
• NNPA at 3% Vs 3.18% (QoQ)
• Provisions up 7.6% at Rs 368.08 crore Vs Rs 341.83 crore

Godawari Power & Ispat Q1FY22 (Consolidated, QoQ)
• Revenue down 9% at Rs 1,126.18 crore Vs Rs 1,236.64 crore
• Net profit up 39% at Rs 472.07 crore Vs Rs 340.38 crore
• Ebitda up 22% at Rs 573.13 crore Vs Rs 469.62 crore
• Margins 50.9% Vs 38%
• Approved interim dividend of Rs 5 per share
• Approved investment up to Rs 70.20 crore for acquisition of additional equity shares proposed to be offered by Hira Ferro Alloys Limited on preferential basis to GPIL
• To set up integrated steel plant with a capacity of 1.5 to 2 Million Tons of Flat Products in Chhattisgarh under PLl Scheme Open / Comment

2021-07-28 05:32:41 Rolex Rolled Rings ipo opening today Open / Comment

2021-07-28 05:32:03 Stocks To Watch

• GMR Infrastructure: Groupe ADP and GMR Group have executed industrial partnership, demonstrating their intent to cooperate with each other and a shared global vision for the airport sector. The objective of this strategic partnership is to leverage on each party's expertise and resources, with a view to improve service level and product offering to passengers and airlines, the company said.
• Housing and Urban Development Corporation: Government of India’s offer-for-sale in HUDCO gets 196% demand from non-retail investors on the first day. Bids receive at indicative price of Rs 45.03 per share versus floor price of Rs 45. Government will exercise option for selling additional 5 crore shares in the offer, taking the total size to 16.01 crore shares, or 8% of the company’s equity. The OFS for retail investors opens today.
• L&T: To merge L&T Hydrocarbon Engineering, a wholly-owned subsidiary of the company, with itself. The scheme is subject to necessary statutory and regulatory approvals. L&T and L&T Hydrocarbon Engineering are in similar lines of business that can be combined for creation of a much stronger energy portfolio, the company said.
• Axis Bank: The right of Bain to appoint Nominee Director has been extended for a further period of 3 years. As per the 2017 investment agreement between the bank and BC Asia Investments VII Limited, Integral Investments South Asia IV and BC Asia Investments III, Bain was given the right to jointly appoint one non-retiring non-executive director on the Board of Directors of the bank for a period of 4 years, from December 19, 2017. The bank on Tuesday approved the amendment to this investment agreement.
• Jammu and Kashmir Bank: The Reserve Bank of India has allowed the Government of Union Territory of Ladakh to acquire 4.58 crore fully paid-up equity shares of Re 1 each, representing 8.23% of the paid-up equity capital of Jammu and Kashmir Bank.
• RITES: Secured a road sector consultancy work order of Rs 19.10 crore from National Highways and Infrastructure Development Corporation.
• Cyient: Cyient Australia Pty, a wholly-owned subsidiary of the company, to acquire 100% stake in Workforce Delta, a global consultancy company, for $2.7 million. The acquisition is expected to be completed within one week.
• SBI, Axis Bank, Indian Bank, Bank of Baroda, Kotak Mahindra Bank, IndusInd Bank, PNB and RBL Bank have each subscribed to 50,000 equity shares of IBBIC Private Limited, representing 5.55% of the issued and paid-up capital of the company, at Rs 10 each aggregating to Rs 5 lakh on July 26.
• Bajaj Healthcare: Board to consider stock split in August 13 meeting.
• KPR Mill: Approved sub-division of one equity share of Rs 5 each fully paid-up into five equity shares of Re 1 each fully paid up, subject to the approval of the members of the company.
• Astec LifeSciences: Temporarily halted operations at manufacturing units in Mahad due to flooding, caused by continuous rains in the Raigad district in Maharashtra.
• Filatex India: To increase polycondensation capacity by 50 TPD and put-up additional manufacturing facilities for 120 TPD of Polyester Partially Oriented Yarn at Dahej plant. The company presently has polycondensation capacity of 1,050 TPD. The expansion will cost company Rs 130 crore and is expected to be completed in 12 months. The company will also replace two existing POY lines (144 ends) with two new POY lines (192 ends) along with replacing winders in one POY line with new winders. The company presently has yarn manufacturing net capacity of 110 TPD at its plant at Dadra. This proposed project will increase the POY capacity of the plant by 5 TPD. The project will cost company Rs 8 crore. Open / Comment

2021-07-27 20:10:40 F&O #BAN  tomorrow

New in Ban: None

Still in Ban: #IDEA | #SAIL

Out of Ban: #CANBK | #NATIONALUM Open / Comment

2021-07-27 19:56:33 Dividend Updates

Godawari Power and Ispat Ltd declares interim dividend of Rs. 5

Granules India Ltd Board declares First Interim Dividend of Rs. 0.25 Open / Comment

2021-07-27 19:56:10 Open / Comment

2021-07-27 19:55:58 ORIENTAL HOTELS Q1 : Net Loss Of Rs 16.79 cr V Rs 4.66 cr Loss (QOQ), Rs 23.42 cr loss (YOY)

Revenue down 53 % To Rs 24.6 cr (QOQ) , Up 450 % Open / Comment

2021-07-27 19:55:42 Lokesh Machine Q1 : Net Profit Down 94 % To Rs 0.14 cr (QOQ), Rs 1.93 cr loss YOY

Revenue Down 42 % To Rs 32.7 cr (QOQ), Up 98 % YOY Open / Comment

2021-07-27 19:55:32 Shemaroo Q1 : Net loss of Rs 1.3 cr V Rs 2.9 cr PROFIT (QOQ), Rs 12.9 cr (YOY)

Revenue down 4 % To Rs 74.4 cr (QOQ), Down 13 % YOY Open / Comment

2021-07-27 19:55:20 Future Retail & RIL : The Supreme Court Tuesday said it would decide whether Singapore’s Emergency Arbitrator (EA) award, restraining Future Retail Ltd (FRL) from going ahead with its merger deal with Reliance Retail, was valid under Indian law and if it can be enforced.

Sc Hearing will continue tomorrow Open / Comment