Thursday 1 August 2024

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

India Daybook – Stocks in News


GE T&D India: Net profit at Rs 135 cr vs Rs 28.2 cr, Revenue at Rs 958 cr vs Rs 718 cr (YoY) (Positive)

Selan Exploration: Net profit at Rs 18 Cr vs Rs 5 cr, Revenue at Rs 63 cr vs Rs 28 cr (YoY) (Positive)

Coal India: Net profit at Rs 10,959 cr vs Rs 10,528 cr, Revenue at Rs 36,465 cr vs Rs 35,983 cr (YoY) (Positive)

JK Lakshmi: Net profit at Rs 156 cr vs Rs 74.9 cr, Revenue at Rs 1440 cr vs Rs 1600 cr (Positive)

PNGS Gargi: Net profit at Rs 10.4 Cr vs Rs 1.2 cr, Revenue at Rs 44 cr vs Rs 6.5 cr (YoY) (Positive)

Ugro Capital: Net profit at Rs 30.36 cr vs Rs 25.20 cr, Revenue at Rs 232 cr vs Rs 161 cr (YoY) (Positive)

LG Balakrishnan: Net profit at Rs 65.2 cr vs Rs 55.4 cr, Revenue at Rs 571 cr vs Rs 538 cr (YoY) (Positive)

Puravankara: Net profit at Rs 15 Cr vs loss Rs 18 cr, Revenue at Rs 658 cr vs Rs 323 cr (YoY) (Positive)

Thomas Cook: Net profit at Rs 73.1 cr vs Rs 70.9 cr, Revenue at Rs 2106 cr vs Rs 1899 cr (YoY) (Positive)

Bansal Wire: Net profit at Rs 31.5 cr vs Rs 17.3 cr, Revenue at Rs 820 cr vs Rs 550 cr (YoY) (Positive)

Dynamatic: Net profit at Rs 57 cr vs Rs 17 cr, Revenue at Rs 370 cr vs Rs 367 cr (YoY) (Positive)

Kirloskar group: Toyota Kirloskar Motor signs agreement with Maharashtra government to manufacture electric and hybrid cars. (Positive)

PC Jewel: Indian Overseas Bank sanctions ‘one time settlement. (Positive)

Tata Power: Step-down arm TP Parivart signs power delivery pact with Tata Steel (Positive)

Oil Upstream stocks: Windfall Tax Revision | Windfall Tax on Crude cut to ₹4,600/tonne from ₹7,000/tonne w.e.f. August 1 (Positive)

Bharat Forge: Company Wholly-owned arm KSSL granted defence license (Positive)

Sansera Engineering: Company signs MoU with Karnataka Udyog Mitra for acquisition of 55 acres industrial land at Harohalli, Bengaluru. (Positive)

Wipro Ltd: Company Secures Contract to enhance MAHLE’s IT Infrastructure with Hybrid Cloud Solutions (Positive)

Vedanta: Company gets NSE & BSE approval for proposed demerger scheme. (Positive)

NHPC: Company to consider proposal regarding monetization of future cash flow of one or more Power Station on August 7. (Positive)

Eimco Elecon: Company had received orders worth of INR 53.61 Crores from JMS Mining Private Limited (Positive)

Sansera: Company entered into a MoU with the Karnataka Udyog Mitra for the acquisition of 55 acres of
Industrial land at Harohalli. (Positive)

IDBI Bank: Fairfax, NBD Emirates, Kotak Mahindra Bank said to be in final list of bidders for Bank: NDTV. (Positive)

Timex: Net profit at Rs 2.4 cr vs Rs 4.2 cr, Revenue at Rs 108 cr vs Rs 106 cr (YoY). (Neutral)

KPR Mill: Net profit at Rs 203.31 cr vs Rs 202.84 cr, Revenue at Rs 1609.6 cr vs Rs 1610.1 cr (YoY). (Neutral)

Tata Steel: Net profit at Rs 918.6 Cr vs poll of Rs 950 cr, Revenue at Rs 54,771.4 cr vs poll of Rs 57,103 cr (Neutral)

Relaxo Footwears: Net profit at Rs 44.40 Cr vs Rs 56.30 cr, Revenue at Rs 750 cr vs Rs 740 cr (YoY) (Neutral)

Aegis Logistics: Net profit at Rs 131.5 cr vs Rs 116 cr, Revenue at Rs 1,601.3 cr vs Rs 2,100.5 cr (YoY) (Neutral)

Prestige: Net profit at Rs 307 Cr vs Rs 318 cr, Revenue at Rs 1862 cr vs Rs 1680 cr (YoY) (Neutral)

National Peroxide: Net profit at Rs 5.1 Cr vs Rs 4.5 cr, Revenue at Rs 74 cr vs Rs 79.5 cr (YoY) (Neutral)

Sundaram Fasteners: Net profit at Rs 143 cr vs Rs 129 cr, Revenue at Rs 1498 cr vs Rs 1411 cr (YoY) (Neutral)

Fino Payments: Net profit at Rs 24.3 cr vs Rs 19.0 cr, NII at Rs 21.4 cr vs Rs 17.5 cr (YoY) (Neutral)

Black Rose: Net profit at Rs 4.7 cr vs Rs 4.1 cr, Revenue at Rs 98.3 cr vs Rs 87.6 cr (YoY) (Neutral)

Sasken Tech: Net profit at Rs 18.10 cr vs Rs 25.70 cr, Revenue at Rs 120 cr vs Rs 98.50 cr (YoY) (Neutral)

Indostar Capital: Net profit at Rs 24.90 cr vs Rs 38.90 cr, Revenue at Rs 390 cr vs Rs 299 cr (YoY) (Neutral)

Sonata Software: Net profit at Rs 106 cr vs Rs 120 cr, Revenue at Rs 2527 cr vs Rs 2000 cr (YoY) (Neutral)

Redington: Net profit at Rs 246 cr vs Rs 249 cr, Revenue at Rs 21280 cr vs Rs 21200 cr (YoY) (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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*Fund Houses Recommendations* Macquarie on *JSW Steel:* Upgrade to Outperform on Company, raise target price at Rs 1077/Sh from Rs 884/Sh...