Wednesday 7 August 2024

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

India Daybook Stocks in News


*Lupin:* Revenue at ₹5,600.3 cr vs poll of ₹5,145.9 cr, Net profit at ₹801.3 cr vs poll of ₹564.7 cr (Positive)

*PB Fintech:* Net profit at ₹60 cr vs loss of ₹11.9 cr, Revenue up 51.8% at ₹1,010.5 cr vs ₹665.6 cr (YoY) (Positive)

*Gulf Oil Lubricants:* Net profit at Rs 84 cr vs Rs 69 cr, Revenue at Rs 894 cr vs Rs 811 cr (YoY) (Positive)

*J Kumar Infra:* Net profit at Rs 86.42 cr vs Rs 72.83 cr, Revenue at Rs 1281 cr vs Rs 1131 cr (YoY) (Positive)

*Linde India:* Net profit at Rs 113.6 cr vs Rs 105.4 cr, Revenue at Rs 653 cr vs Rs 630 cr (QoQ) (Positive)

*Asian Granito:* Net profit at Rs 1.84 cr vs loss of Rs 2.44 cr, Revenue at Rs 343 cr vs Rs 335 cr (YoY) (Positive)

*Bata India:* Net profit at Rs 174 cr vs Rs 107 cr, Revenue at Rs 944 cr vs Rs 958 cr (YoY) (Positive)

*Sigachi:* Net profit at Rs 12.8 cr vs Rs 10.8 cr, Revenue at Rs 96 cr vs Rs 85 cr (YoY) (Positive)

*Krsnaa:* Net profit at Rs 18 cr vs Rs 14.6 cr, Revenue at Rs 170 cr vs Rs 140 cr (YoY) (Positive)

*PI Ind:* Net profit at Rs 449 cr vs Rs 369 cr, Revenue at Rs 449 cr vs Rs 369 cr (YoY) (Positive)

*Bosch:* Net profit at Rs 465.0 cr vs Rs 409.0 cr, Revenue at Rs 4317 cr vs Rs 4158 cr (YoY) (Positive)

*DLink:* Net profit at Rs 23.6 cr vs Rs 21 cr, Revenue at Rs 350 cr vs Rs 299 cr (YoY) (Positive)

*Fortis:* Net profit at Rs 165 cr vs Rs 110 cr, Revenue at Rs 1860 cr vs Rs 1660 cr (YoY) (Positive)

*Real Estate Stocks:* Government moves an amendment to provide relief for real estate under LTCG regime (Positive)

*Cupid:* Company to set up new unit in UAE to capture market share in the GCC region. (Positive)

*PC Jeweller:* Indian Bank accepts one time settlement proposal of Company (Positive)

*GR Infra projects:* Company emerges as lowest bidder for transmission project in Karnataka (Positive)

*Aurobindo Pharma:* Company receives USFDA approval for estradiol vaginal inserts USP, 10 MCG. (Positive)

*Suzlon Energy:* Company to buy 76% stake in Renom Energy Services for Rs 660 crore (Positive)

*Gujarat State Fertilizers:* Company expects 25% volume growth in fiscal 2025. (Positive)

*Adani Green:* Adani Group is planning a 150% increase in its output of solar panels by 2026 to bolster India’s carbon net zero target (Positive)

*Chambal Fertilizers:* Net profit at Rs 448.3 cr vs Rs 338.6 cr, Revenue at Rs 4933 cr vs Rs 5589 cr (YoY) (Neutral)

*Tata Power:* Net profit at Rs 970 cr vs Rs 972 cr, Revenue at Rs 17,294 cr vs Rs 15,213 cr (YoY) (Neutral)

*Gland Pharma:* Net profit at Rs 144 cr vs Rs 194 cr, Revenue at Rs 1402 cr vs Rs 1209 cr (YoY) (Neutral)

*Tamilnadu Petroprocuts:* Net profit at Rs 15.05 cr vs Rs 15.40 cr, Revenue at Rs 461 cr vs Rs 449 cr (YoY) (Neutral)

*Chaman Lal Setia:* Net profit at Rs 22.6 cr vs Rs 27.5 cr, Revenue at Rs 32.2 cr vs Rs 38.7 cr (YoY) (Neutral)

*Gujarat Gas:* Net profit at Rs 330 cr vs Rs 409 cr, Revenue at Rs 4450 cr vs Rs 4134 cr (QoQ) (Neutral)

*Kokuyo Camlin:* Net profit at Rs 16.2 cr vs Rs 18.4 cr, Revenue at Rs 230 cr vs Rs 236 cr (YoY) (Neutral)

*Cummins India:* Net profit at Rs 419.2 cr vs Rs 315 cr, Revenue at Rs 2304 cr vs Rs 2208 cr (YoY) (Neutral)

*Credo Brands:* Net profit at Rs 9.8 cr vs Rs 8.57 cr, Revenue at Rs 120 cr vs Rs 118 cr (YoY) (Neutral)

*Ritco Logistics:* Net profit at Rs 8.8 cr vs Rs 7.1 cr, Revenue at Rs 250 cr vs Rs 210 cr (YoY) (Neutral)

*Andhra Petrochemical:* Net profit at Rs 15.90 cr vs Rs 1.20 cr, Revenue at Rs 130 cr vs Rs 191 cr (YoY) (Neutral)

*GIC Housing:* Net profit at Rs 39 cr vs Rs 32 cr, Revenue at Rs 84 cr vs Rs 82 cr (YoY) (Neutral)

*EIH:* Net profit at Rs 92.2 cr vs Rs 100 cr, Revenue at Rs 530 cr vs Rs 498 cr (YoY) (Neutral)

*Vadilal:* Net profit at Rs 77 cr vs Rs 71 cr, Revenue at Rs 460 cr vs Rs 410 cr (YoY) (Neutral)

*Vedanta:* Company is targeting a $1.8 billion capital expenditure this financial year. (Neutral)

*Karur Vysya Bank:* Revises six month & 1 year lending rates by 10 bps (Neutral)

*Cummins India:* Ashwath Ram resigns as MD; appoints Shveta Arya as Additional Director & MD. (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...