2 February 2023
FII & DII DATA
FII Net SELL - 3065.35cr
DII Net BUY - 2371.36cr
03 February 2023
Today Results
Aarti Ind
Ador Welding
Bank of Baroda
Bemco Hydraulic
Borosil Ltd.
Brand Concepts
Clariant Chem
Dalmia Sugar
Delta
Dhanuka Agritec
Divis Labs
Elgi Equipments
Emami
Gabriel India
GeeCee Ventures
Guj Themis
India Cements
Intellect Desig
Interglobe Avi
Ion Exchange
ITC
JK Tyre & Ind
Jubilant Pharmo
Kansai Nerolac
KELTECH Energ
KRBL
Kriti Ind
Lakshmi Elec
Lakshmi Mills
M&M Financial
Marico
Mayur Uniquoter
Medplus Health
Milkfood
National Oxygen
One 97 Paytm
Praj Industries
Prataap Snacks
PTC India Fin
Quess Corp
SBI
Shipping Corp
SUMITOMO
Sun TV Network
Tata Power
Themis Medicare
Thyrocare Techn
Tube Investment
TV TodayNetwork
Zydus Life
4 FEB 23
63 Moons Tech
Affle India
Apex Frozen
Birla Corp
D-Link India
Dalmia Bharat
Dhunseri Tea
Finolex Ind
Gloster
JK Agri Genetic
Kaycee Ind
MCX India
Relaxo Footwear
Pudumjee Paper
Rossari
Titan Biotech
Voltamp Trans
Aarti Ind
Ador Welding
Bank of Baroda
Bemco Hydraulic
Borosil Ltd.
Brand Concepts
Clariant Chem
Dalmia Sugar
Delta
Dhanuka Agritec
Divis Labs
Elgi Equipments
Emami
Gabriel India
GeeCee Ventures
Guj Themis
India Cements
Intellect Desig
Interglobe Avi
Ion Exchange
ITC
JK Tyre & Ind
Jubilant Pharmo
Kansai Nerolac
KELTECH Energ
KRBL
Kriti Ind
Lakshmi Elec
Lakshmi Mills
M&M Financial
Marico
Mayur Uniquoter
Medplus Health
Milkfood
National Oxygen
One 97 Paytm
Praj Industries
Prataap Snacks
PTC India Fin
Quess Corp
SBI
Shipping Corp
SUMITOMO
Sun TV Network
Tata Power
Themis Medicare
Thyrocare Techn
Tube Investment
TV TodayNetwork
Zydus Life
4 FEB 23
63 Moons Tech
Affle India
Apex Frozen
Birla Corp
D-Link India
Dalmia Bharat
Dhunseri Tea
Finolex Ind
Gloster
JK Agri Genetic
Kaycee Ind
MCX India
Relaxo Footwear
Pudumjee Paper
Rossari
Titan Biotech
Voltamp Trans
Stocks in News
Adani Group Companies
The NSE has placed Adani Enterprises, Adani Ports and Ambuja Cements under the short-term Additional Surveillance Measures (ASM) framework from today's trading session. This would imply that a 100 percent advance margin will also be needed for intraday trading. Stocks are put under such restrictions to put a halt to any speculative trading. Over the last six trading sessions, Adani Group companies have cumulatively eroded Rs 9 lakh crore in market capitalisation.
Inox Green Energy
Entered into a definitive investment agreement with I-Fox Windtechnik India Pvt. Ltd., an independent O&M wind service provider to acquire a 51 percent stake in its share capital at Rs 35,941.71 per share. The overall consideration of the transaction has not been disclosed. The deal is likely to be completed in three months and marks Inox Green's foray into the multi-brand OEM wind turbine O&M business.
Crompton Greaves Consumer
Faces a challenging December quarter led by subdued consumer demand due to inflation, increased competitive intensity and pumps business facing headwinds. The results missed CNBC-TV18 estimates by a long way. Net profit declined 41 percent to Rs 88 crore while margin contracted by over 400 basis points from last year. Operating profit also declined 25 percent. Revenue, though up 7 percent, was Rs 150 crore below CNBC-TV18 poll.
Tata Consumer products
December quarter results in line with estimates on all fronts. Net profit of Rs 364.4 crore boosted by an exceptional gain of Rs 78.6 crore. India foods business grows 29 percent, ahead of the 26-28 percent expectations. Domestic beverages revenue declines 9 percent while the international revenue grew 4 percent, both in-line with expectations. Lost 113 basis points of market share in the tea business but added another 90 basis points to the salt market share. Tata Starbucks opened 11 new stores and reported 42 percent revenue growth
Adani Ports & SEZ
Handled 27.6 million metric tonnes of total cargo, implying a year-on-year growth of 11 percent. For the first nine months of the current financial year, the company has clocked 280.5 million metric tonnes of cargo volumes, which is a growth of 8 percent from last year.
HDFC AMC
Market regulator SEBI has approved the sale of abrdn Investment's (formerly Standard Life) entire 10.21 percent stake in the company. Abrdn had expressed intent to sell its entire stake on December 6, subject to regulatory approvals. Abrdn had earlier sold 5.58 percent stake in August last year.
Karnataka Bank
Net Interest Margin for the December quarter at an all-time high while gross NPA is the best in five years. Write-offs see an increase, while Net Interest Income grew 43 percent during the quarter. Net profit doubled from the same period last year. Provisions of Rs 165 crore compared to a write-back during the previous quarter.
SBI Life Insurance
Issued a clarification with regards to the Union Budget announcement that if premium paid by an individual for a savings life policy is greater than Rs 5 lakh, then on maturity, the income from the policy will be taxed. The company said that the share of business of non-linked policies with annual premium of more than Rs 5 lakh is less than 2 percent of the total Annual Premium Equivalent (APE) for the first nine months of the current financial year and that the impact of this would be insignificant.
NMDC
The company has increased the prices of lump ore (65.5 percent, 6-40 mm) by Rs 100 to Rs 4,400 per tonne and the prices of fines (64 percent, -10 mm) by Rs 500 to Rs 3,910 per tonne from January 28 onwards. The prices are excluding royalty, cess, forest permit fee and other taxes.
Mahangar Gas
December quarter revenue and operating profit in-line with expectations. Margin was 100 basis points ahead of expectations aided by steep price hikes, but lower on a year-on-year basis. Volumes at 3.4 mmscmd were also in-line with expectations.
IndusInd Bank
Sources tell CNBC-TV18 that promoters are looking to hike their stake to up to 26 percent from the current 16.51 percent. Promoters are preparing to submit an application to the Reserve Bank of India to increase their stake. The move comes after RBI's revised guidelines in November 2021 on private bank ownership. Promoters will have to meet certain conditions before submitting an application as well as infuse capital to hike their stake.
The NSE has placed Adani Enterprises, Adani Ports and Ambuja Cements under the short-term Additional Surveillance Measures (ASM) framework from today's trading session. This would imply that a 100 percent advance margin will also be needed for intraday trading. Stocks are put under such restrictions to put a halt to any speculative trading. Over the last six trading sessions, Adani Group companies have cumulatively eroded Rs 9 lakh crore in market capitalisation.
Inox Green Energy
Entered into a definitive investment agreement with I-Fox Windtechnik India Pvt. Ltd., an independent O&M wind service provider to acquire a 51 percent stake in its share capital at Rs 35,941.71 per share. The overall consideration of the transaction has not been disclosed. The deal is likely to be completed in three months and marks Inox Green's foray into the multi-brand OEM wind turbine O&M business.
Crompton Greaves Consumer
Faces a challenging December quarter led by subdued consumer demand due to inflation, increased competitive intensity and pumps business facing headwinds. The results missed CNBC-TV18 estimates by a long way. Net profit declined 41 percent to Rs 88 crore while margin contracted by over 400 basis points from last year. Operating profit also declined 25 percent. Revenue, though up 7 percent, was Rs 150 crore below CNBC-TV18 poll.
Tata Consumer products
December quarter results in line with estimates on all fronts. Net profit of Rs 364.4 crore boosted by an exceptional gain of Rs 78.6 crore. India foods business grows 29 percent, ahead of the 26-28 percent expectations. Domestic beverages revenue declines 9 percent while the international revenue grew 4 percent, both in-line with expectations. Lost 113 basis points of market share in the tea business but added another 90 basis points to the salt market share. Tata Starbucks opened 11 new stores and reported 42 percent revenue growth
Adani Ports & SEZ
Handled 27.6 million metric tonnes of total cargo, implying a year-on-year growth of 11 percent. For the first nine months of the current financial year, the company has clocked 280.5 million metric tonnes of cargo volumes, which is a growth of 8 percent from last year.
HDFC AMC
Market regulator SEBI has approved the sale of abrdn Investment's (formerly Standard Life) entire 10.21 percent stake in the company. Abrdn had expressed intent to sell its entire stake on December 6, subject to regulatory approvals. Abrdn had earlier sold 5.58 percent stake in August last year.
Karnataka Bank
Net Interest Margin for the December quarter at an all-time high while gross NPA is the best in five years. Write-offs see an increase, while Net Interest Income grew 43 percent during the quarter. Net profit doubled from the same period last year. Provisions of Rs 165 crore compared to a write-back during the previous quarter.
SBI Life Insurance
Issued a clarification with regards to the Union Budget announcement that if premium paid by an individual for a savings life policy is greater than Rs 5 lakh, then on maturity, the income from the policy will be taxed. The company said that the share of business of non-linked policies with annual premium of more than Rs 5 lakh is less than 2 percent of the total Annual Premium Equivalent (APE) for the first nine months of the current financial year and that the impact of this would be insignificant.
NMDC
The company has increased the prices of lump ore (65.5 percent, 6-40 mm) by Rs 100 to Rs 4,400 per tonne and the prices of fines (64 percent, -10 mm) by Rs 500 to Rs 3,910 per tonne from January 28 onwards. The prices are excluding royalty, cess, forest permit fee and other taxes.
Mahangar Gas
December quarter revenue and operating profit in-line with expectations. Margin was 100 basis points ahead of expectations aided by steep price hikes, but lower on a year-on-year basis. Volumes at 3.4 mmscmd were also in-line with expectations.
IndusInd Bank
Sources tell CNBC-TV18 that promoters are looking to hike their stake to up to 26 percent from the current 16.51 percent. Promoters are preparing to submit an application to the Reserve Bank of India to increase their stake. The move comes after RBI's revised guidelines in November 2021 on private bank ownership. Promoters will have to meet certain conditions before submitting an application as well as infuse capital to hike their stake.
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