ONGC Q3

Net Profit At Rs 4,352 Cr Vs CNBC-TV18 Poll Of Rs 4,881 Cr, 

Total Income At Rs 20,014 Cr Vs Poll Of Rs 19,396 Cr

EBITDA At Rs 9,005.7 Cr Vs CNBC-TV18 Poll Of Rs 10,041 Cr, 

EBITDA Margin At 45% Vs CNBC-TV18 Poll Of 52%

ICICI Bank Q3

Net Profit At Rs 2,442 Cr Vs CNBC-TV18 Poll Of Rs 2,180.2 Cr

Gross NPA At 7.91% Vs 6.82% (QoQ), 

Net NPA At 4.35% Vs 3.57% (QoQ)

NII At Rs 5,363 Cr Vs CNBC-TV18 Poll Of Rs 5,359.1 Cr

JSW Steel Q3

Net Profit At Rs 730 Cr Vs Loss Of Rs 709 Cr (YoY), 

Cons Total Income At Rs 15,312 Cr Vs Rs 9,589 Cr (YoY)

Cons EBITDA At Rs 2,867 Cr Vs Rs 977 Cr (YoY), 

EBITDA Margin At 18.7% Vs 10.2% (YoY)

Shriram Trans

Net Profit At Rs 346 Cr Vs CNBC-TV18 Poll Of Rs 391 Cr; 

Total Income At Rs 2,717 Cr Vs Rs 2,567 Cr (YoY)

Calculated NII Up 6.8% At Rs 1,439.2 Cr Vs Rs  1,347.4 Cr (YoY)

Oil India Q3

Net Profit At Rs 455 Cr Vs Rs 580 Cr (QoQ);

Total Income At Rs 2,445 Cr Vs Rs 2,331 Cr (QoQ)

DaburIndia Q3: Cons

PAT At Rs 294 Cr Vs CNBC-TV18 Poll Of Rs 298.2 Cr;

Rev At Rs 1,853 Cr Vs CNBC-TV18 Poll Of Rs 2,035 Cr

EBITDA At Rs 334 Cr Vs CNBC-TV18 Poll Of Rs 352.8 Cr;

EBITDA Margin At 18% Vs CNBC-TV18 Poll Of 17.3%

Domestic Volume Growth At -5% Vs CNBC-TV18 Poll Of -3 To -4%

IOC Q3

Net Profit at Rs 3,990 Cr Vs Rs 3,090 Cr YoY

Rev At Rs 1.15 Lk Cr Vs CNBC-TV18 Poll Of Rs 97,363 Cr

EBITDA At Rs 7,948 Cr Vs CNBC-TV18 Poll Of Rs 9,611 Cr;

EBITDA Margin At 6.87% Vs CNBC-TV18 Poll Of 10%

Kansai Nerolac Q3: (YoY)

Profit At Rs 124 Cr Vs Rs 86.1 Cr;

Total Income At Rs 1,143.8 Cr Vs Ra 1,069.8 Cr

Kaveri Seeds Q3: (YoY)

Profit At Rs 5.2 Cr Vs Rs 12.6 Cr;

Revenue Down 2.7% At Rs 67.9 Cr;

EBITDA Down 78.4% At 3.5 Cr

Welspun India Q3

Profit Down 16.2% At `149.4 Cr;

Revenue Up 3.9% At Rs 1,500.9 Cr; 

EBITDA Margin At 24.5% Vs 29.4%

Bajaj Auto Q3

Net Profit at Rs 925 Cr Vs Rs 971 Cr YoY; 

Total Income at Rs 5,354 Cr Vs Rs 5,884 Cr YoY

Other Income Up 31.7% At Rs 319.3 Cr Vs Rs 242.5 Cr (YoY)

Total Volumes Down 10.5% At 8.51 Lakh Vs 9.51 Lakh Units (YoY)

EBITDA At Rs1,044 Cr Vs CNBC-TV18 Poll Of Rs 1,010 Cr;

EBITDA Margin At 20.6% Vs CNBC-TV18 Poll Of 19.9%

Syndicate Bk Q3

Profit At Rs 94 Cr Vs Loss Of Rs 120 Cr (YoY);

Gross NPA At 8.69% Vs 7.72% 

Net NPA At 5.63% Vs 5.03%(QoQ)

NII Down 8.2% At Rs 1,391.3 Cr (YoY);

Provisions At Rs 784.7 Cr Vs Rs 864 Cr (QoQ); Vs Rs 860 Cr (YoY)

Bajaj Auto Q3:

                  

Net Profit at Rs 925 Cr Vs Rs 971 Cr YoY; 

Total Income at Rs 5,354 Cr Vs Rs 5,884 Cr YoY

Other Income Up 31.7% At Rs 319.3 Cr Vs Rs 242.5 Cr (YoY)

Total Volumes Down 10.5% At 8.51 Lakh Vs 9.51 Lakh Units (YoY)

EBITDA At Rs1,044 Cr Vs CNBC-TV18 Poll Of Rs 1,010 Cr;

EBITDA Margin At 20.6% Vs CNBC-TV18 Poll Of 19.9%

Century Text Q3: (YoY)

Profit At Rs 14 Cr Vs Loss Of Rs 9 Cr;

Rev Down 7.2% At Rs 1,963 Cr;

EBITDA Margin At 11% Vs 7.4%

Cadila Health Q3

Profit At Rs 282 Cr Vs CNBC-TV18 Poll Of Rs 365.8 Cr;

Rev At Rs 2,364 Cr Vs CNBC-TV18 Poll Of Rs 2,481 Cr

EBITDA At Rs 404.3 Cr Vs CNBC-TV18 Poll Of Rs 556.4 Cr;

EBITDA Margin At 17.1% Vs CNBC-TV18 Poll Of 22.4%

NIFTY BANK VIEW

[19585]

TO CATCH UPTREND IT HAS TO SUSTAIN ABOVE 19680 WHICH WILL TAKE IT TO 19770-19840.

SUPPORT FOR THE DAY LIES AROUND 19560--19530

NIFTY VIEW

Nifty 8632

Nifty traded in a very narrow range yesterday and closed with a neutral doji.

Today if trades above 8640 and holds 8600 it can again catch its uptrend can show 8700..8720..8740..8760.

Business Standard

Ø  Vodafone confirms talks on merger with Idea 

Ø  CBI opposes bail pleas of 9 in IDBI loan default case

Ø  Idea deal will lead to backdoor listing of Vodafone

Ø  RBI removes withdrawal limits on current accounts 

Ø  CBI opposes bail pleas of 9 in IDBI loan default case

Ø  Telenor joins M&A rush, seeks Aircel-RCom tieup

Ø  Piramal to acquire Mallinckrodt for $170 million


Ø  Next edition of consolidated FDI policy to come out soon

Ø  Strategic sale of NMDC, SAIL units on cards

Ø  ATM cash withdrawal limit eased further

Ø  Lenders wary of JSW's Bhushan Steel proposal

Ø  Fitch downgrades long-term issuer default ratings on BILT to CCC

Ø  I-T begins action under Benami Act; attaches 42 assets worth crores


Mint

Ø  Merger may lead to $1 b in savings for Idea, Vodafone

Ø  GMR Kakinada SEZ attracts ₹7,000-cr investments 

Ø  HDFC board approves increase in authorised share capital to Rs.350 cr

Ø  Reliance Defence bags Rs. 916-cr contract from Defence Ministry

Ø  Emami posts ₹140-crore standalone profit in third quarter



Ø  HDFC Q3 net profit up 12% to Rs1,701 crore

Ø  Govt mulls introducing fixed-cost component in renewable energy tariff

Ø  Inadequate imports of paper for new currency notes may have led to cash crunch

Ø  Tech Mahindra’s Q3 profit up 14% to Rs856 crore

Ø  Grasim consolidated profit up 14% on better VSF realisation


Financial Chronicle

Ø  Indian Rupee slides 16 paise against dollar

Ø  German consumer group files data suit against WhatsApp

Ø  Gold monetisation policy has no lustre, needs changes: IIM-A

Ø  Goldman Sachs CEO Lloyd Blankfein takes lead on Wall St. in slamming Donald Trump's travel ban

Ø  Indian e-tail industry grew by 12% to $14.5 billion in 2016: Report



Ø  RBI sets rupee reference rate at 68.0426 against dollar

Ø  Disinvestment goal for FY18 may be raised to garner funds

Ø  Higher open interest, new series may add to volatility

Ø  Sops to common man, cut in corporate tax on the cards

MARKET UPDATE

SGX Nifty -10 pts (8648) from last trade 8658 ,  

Nikkei -197 pts ,  Hangseng clsd , NOW @6.53am ,  

‎Dow -122.65 pts ,Nsdq -47.07 pts , S&P -13.79 pts , Bovespa -1732 pts , Ftse -66 pts  , Dax -132 pts  , Cac -55 pts , Crude @ $52.65 brl (+0.06), Brent @ $55.33 brl (+0.02) , Gold @ $1197.85 (+0.65), Silver @ $17.14 (+0.02), Euro @ $1.0707, JPY @ $113.7500, INR @ $67.8358

🔹US GENERIC GOVT. 10-YEAR YIELD : 2.49%

Infy: -0.93%,             Wit: -2.31%
Ttm: -2.78%,            Rdy: -0.11%
Hdb: -1.78%,             Ibn: -2.59% 
SBID: -2.53%,        RIGD:+1.17%


Today's Corporate Action
31st Jan  Ex Date


DBCORP
Interim Dividend - Rs. - 4.0000
PERSISTENT
Interim Dividend - Rs. - 6.0000
SIEMENS
Dividend - Rs. - 6.0000


Today's Key Result
31st Jan

Bajaj Auto (854 cr -5% Yoy Res-During Mkt))
ICICI Bank (2166 cr -28% Yoy Res- After Mkt)
ONGC (4575 cr +266% Yoy Res-After Mkt)
Akzo Nobel,Asahi Songwon,Bajaj Hold,Bharat Gear,Cadila Health,Capital First,Century Text,Dabur,Fsl,Ghcl,Hcl Info,Idfc,Ioc,Jsw Steel,Kansai Nero,Kaveri Seeds,Kec int,Manali Petro,Mphasis Ltd,Navneet Education,Parry Sug,Shopper Stop,Tinplate,Ttk Prestige,Uco Bank, Wabco,Welpsun India,Wonderla Resort.
Srcs-Est Cogencis

Today's Data Alert

Jan 31: 14-day variable rate term repo for 210 bln rupees. Bids to be
submitted between 1100 and 1130 IST.

Jan 31: Budget session of Parliament to begin. President to address Joint
Session of Parliament. 1100 IST.

Jan 31: Press conference of JSW Steel group Chief Financial Officer Rao to
address media post Oct-Dec earnings. 1500 IST, Mumbai.

Jan 31: First revised GDP estimate for 2015-16, by CSO. 1730 IST.

Jan 31: Government finances for Apr-Dec, by CGA.

Jan 31: CPI for industrial workers for December, by Labour Bureau.

Jan 31: Core sector growth for December, by commerce and industry ministry.

Jan 31-Feb 1: US FOMC meeting.

Tech-Mahindra Q3

PAT at Rs 850 Cr;

Consol Net Profit at Rs 845 Cr Vs Rs 759 Cr YoY; 

Consol Total Income at Rs 7,558 Cr Vs Rs 6,701 Cr YoY

Income From Ops at Rs 5913 Cr Vs Rs 5227 Cr YoY; 

Forex Gain At Rs 90.4 Cr Vs Rs 86.3 Cr (QoQ), 

IT Attrition At 18% Vs 19% (QoQ), 

IT Utilisation At 77% Vs 78% (QoQ)

Rupee Revenue At Rs5,913 Cr Vs Vs Rs5,682 Cr (QoQ)

Grasim Q3: Standalone (YoY)

Profit At Rs 331 Cr Vs Rs 272 Cr;

Rev At Rs 2738 Cr Vs Rs 2540 Cr;

EBITDA Margin At 19.8% Vs 18%

Bajaj Fin Q3

Profit At Rs 555.6 Cr Vs CNBC-TV18 Poll Of Rs 477.1 Cr;

NII At Rs 1,749 Cr Vs CNBC-TV18 Poll Of Rs 1,580.7 Cr

Gross NPA At 1.47% Vs 1.58% (QoQ);

AUM Up 33% At Rs 57,605 Cr YoY

HDFC Q3

Net Profit at Rs 1,701 Cr Vs Rs 1,520 Cr YoY; 

Total Income at Rs 8,138 Cr Vs Rs 7,270 Cr YoY

Provisions at Rs 120 Cr Vs Rs 68 Cr YoY; 

Finance Cost at Rs 5286 Cr Vs Rs 4822 Cr YoY

Non-individual Gross NPA At 1.16% Vs 1.11% (QoQ)

Individual Gross NPA At 0.65% Vs 0.61% (QoQ)

Non-individual Gross NPA At 1.16% Vs 1.11% (QoQ)

Spread On Loans At 2.3% YoY;

Godrej Cons Q3: Cons

Profit At Rs 352 Cr Vs CNBC-TV18 Poll Of Rs 335 Cr;

Rev At Rs 2486 Cr Vs CNBC-TV18 Poll Of Rs 2449 Cr

EBITDA At Rs 517 Cr Vs CNBC-TV18 Poll Of Rs 478 Cr;

EBITDA Margin At 20.8% Vs CNBC-TV18 Poll Of 19.5%

NIFTY BANK VIEW

Nifty Bank (19708)

Nifty Bank has formed today a gap an island positive formation. 

It can show 19930- 20000-20440 soon.

If trades below 19500 can cool down to 19400. 19140..

Nifty 50 (8641)

Nifty has rallied from 8320..8672 and has given a close with a doji.

If it trades below 8600-8610 zone it can show 8570-8548 levels.

If holds 8600 and maintains above 8640 can again catch up the pre-budget rally to show levels of 8706-8740 levels.

Market Update

Sgx Nifty -39 pts
‎Dow -7.13 pts ,Nsdq +5.80 pts , S&P -1.99 pts , Bovespa -156 pts , Ftse +23 pts  , Dax -34 pts  , Cac -27 pts , Nikkei  -156 pts now , Crude @ $52.9y brl (-0.24), Brent @ $55.42 brl (-0.24) , Gold @ $1196.25 (+6.25), Silver @ $17.20 (+0.03), Euro @ $1.0716, JPY @ $114.6600, INR @ $68.120

🔹US GENERIC GOVT. 10-YEAR YIELD : 2.4658%

Today's Corporate Action
30th Jan  Ex Date

Nil

Today's Key Result
30th Jan


Grasim ( Cons 759 Cr +17% Yoy Res - During Mkt) 
Hdfc ( 1653 Cr +9% yoy Res - During Mkt) 
Tech M( Cons 770 Cr +1% Yoy Res - After Mkt) 
Astra Micro,Bajaj Finance,Bajaj Finserv,Coral Lab,Dish Tv,Kalindee Rail,Kitex Gar,Monsanto,Motilal Osw,Navbharat Vent,Pfizer,Pincon Spirit,Ppap Auto,Saint Gobain, Shriram city,Spic,V-Guard,Walchand, Zyudus Wellness
Srcs-Est Cogencis

Economic Times

Business Standard

Ø  I-T dept leans on Big Data to track down tax evaders

Ø  IndiaPost gets licence to start payment bank ops

Ø  Trump's ban includes green card holders: DHS

Ø  In rush to lend to KFA, IDBI dumped rulebook: CBI

Ø  Kumar Mangalam boosts stake in Aditya Birla Nuvo

Ø  Rs 5K cr withdrawn from Jan Dhan post note ban

Ø  BSNL's losses narrow to Rs 4,890 crore in April-Dec



Ø  Macquarie, Abu Dhabi sovereign fund join race for Indian malls

Ø  Donald Trump's trade policies to have minimal impact on India: Nomura

Ø  FM may have to budget for lower PSU dividends

Ø  R-Infra looks for refinance options on Mumbai Metro

Ø  Consolidation likely among gold refineries

Ø  Y V Reddy pitches for comprehensive gold policy

Ø  Over 530 cos may face action for CSR norm violations

Business Line



Mint

Ø  Market cap to GDP ratio signals upside for stocks

Ø  Govt mulls insurance guidelines for mobile wallet transactions 

Ø  Maruti discontinues sale of lower variants of S-Cross

Ø  Equities see sixth month of inflows, MFs pour in Rs. 5,000 cr

Ø  Cosmo to start new production line of BOPP films soon 

Ø  Tata Tele was on verge of filing for bankruptcy: Mistry



Ø  Banks eyeing big-ticket reforms in budget: Survey

Ø  L&T Q3 profit up 39% to Rs972 crore, revises FY17 guidance downward

Ø  DCB Bank to raise up to Rs400 crore in H2 of next fiscal year

Ø  ONGC to invest Rs78,000 crore in KG basin, signs deal with Andhra Pradesh

Ø  Ashoka Buildcon Q3 profit doubles to Rs43 crore

Financial Express



Financial Chronicle

Ø  UIDAI warns against agencies printing plastic Aadhaar cards

Ø  SAARC member states to meet in Nepal



Ø  Duty on sugar imports may go soon

Ø  Disinvestment goal for FY18 may be raised to garner funds

Ø  "Trump's policy not to hit Indian IT, pharma firms"

Ø  ITC Q3 profit rises 5.7% to `2,646 cr

Ø  Industry 4.0 necessary to hike mfg share in GDP: Experts

Colgate Q3

Net Profit at Rs 128 Cr Vs Rs 165 Cr YoY

Net Sales at Rs 982 Cr Vs Rs 1,073 Cr YoY

Revenue At Rs 991.2 Cr Vs CNBC-TV18 Poll Of Rs 992 Cr

EBITDA At Rs 214 Cr Vs CNBC-TV18 Poll Of Rs 221.5 Cr;

EBITDA Margin At 21.6% Vs CNBC-TV18 Poll Of 22.3%

Eveready Q3

Net Profit at Rs 35.1 Cr Vs Rs 21.2 Cr YoY

Total Income at Rs 345 Cr Vs Rs 342 Cr YoY

Revenue Down 0.7% At Rs 344.7 Cr;

EBITDA Margin At 10.2% 11%

ITC Q3

PAT at Rs 2650 Cr Vs Rs 2500 Cr

Net Profit at Rs 2,647 Cr Vs Rs 2,554 Cr YoY

Total Income at Rs 13,570 Cr Rs 12,962 Cr YoY

Other Income at Rs 687 Cr Vs Rs 649 Cr YoY

EBITDA Margins at 26.3% Vs 27% YoY

Cigarette Sales at Rs 8290 Cr Vs Rs 8110 Cr YoY

Non-cigaretee FMCG Sales at Rs 2570 Cr Vs Rs 2480 Cr YoY

India Cements Q3

Profit At Rs 35.3 Cr Vs CNBC-TV18 Poll Of Rs 38 Cr;

Revenue At Rs 1271 Cr Vs CNBC-TV18 Poll Of Rs 1,120 Cr

Total Expenses at Rs 1130 Cr Vs Rs 970 Cr

EBITDA At Rs 191.6 Cr Vs CNBC-TV18 Poll Of  Rs 187 Cr;

EBITDA Margin At 15.1% Vs CNBC-TV18 Poll Of 16.7%

NIFTY 50 VIEW

Nifty 50 (8502)

Nifty showed its strong move as recommended and formed Three white soldiers candle pattern formation.

Yesterday SGX Nifty again showed good move and today Nifty can show again a gap up opening. 

If nifty maintains the gap and trades above 8622 it can show 
8880 in coming days and head towards *NEW HIGH*in this rally with a gap and island formation 
If Nifty opens high and trades below 8600 it can  cool down to 8520....8500 support zone and bounce back to 8612..8622.

NIFTY BANK VIEW:

Nifty Bank (19473)

Nifty bank showed a gap up opening and made a good move showing all our recommended levels till 19440.

Now it can cool down to 19300..19270 and bounce back to 19440-19620-19770.

Market Update

Sgx Nifty +40 pts
(Sgx 8654)(Nifty Fut 8614)
‎Dow +32.40 pts ,Nsdq -1.16 pts , S&P -1.69 pts , Bovespa +350 pts , Ftse -2 pts  , Dax +42 pts  , Cac -10 pts , Nikkei  +288 pts now , Crude @ $53.74 brl (-0.04), Brent @ $56.24 brl (+1.16) , Gold @ $1187.40 (-2.40), Silver @ $16.77 (-0.08), Euro @ $1.0683, JPY @ $114.4300, INR @ $68.0750


ITC( 2553 Cr - 4% Yoy Res - During Mkt)
Advani Hotel,Bel,Binani Inds,Colpal, Eveready Inds,Geojit Bnp,Guj Alkali, India Cem,Just Dial,Kewal Kiran, Shanti Gears,Sparc,Tanla Sol,Tata Coffee,Zuari Agro
Srcs-Est Cogencis


Today's Data Alert


Jan 27: TERM REPO: 14-day variable rate term repo for 210 bln rupees Bids to be submitted between 1100 and 1130 IST.


Today's Global Data


Jan 27: US money stock measures; 0300 IST

Jan 27: US Federal Discount Window Borrowings; 0300 IST

Jan 27: US Foreign Central Bank Holdings; 0300 IST

Jan 27: Japan Tokyo Consumer Price Index data; 0500 IST

Jan 27: Japan Dec Consumer Price Index data; 0500 IST

Jan 27: Germany Dec foreign trade price indices; 1230 IST

Jan 27: Jan EuroCOIN indicator of euro area economic activity; 1400 IST

Jan 27: ECOFIN meeting of Eurozone finance ministers; 1430 IST

Jan 27: Dec data on monetary developments in the Euro area; 1430 IST

Jan 27: UK insolvency statistics for Oct-Dec quarter; 1500 IST

Jan 27: US Dec advance report on durable goods; 1900 IST

Jan 27: US GDP advance estimate for Oct-Dec quarter; 1900 IST

Jan 27: US Jan University of Michigan survey of consumers; 2030 IST

Jan 27: German Chancellor Angela Merkel meets French President Francois Hollande

Business Standard

Ø  Data analysts will match your deposits with ITR, TDS

Ø  Idea, Vodafone giving adequate PoI to Jio: Trai

Ø  Govt may revive Kolar gold mines with $2 bn reserves

Ø  Withdrawal limits likely to go away by Feb-end

Ø  India is the sixth great power in 2017: US magazine

Ø  US new home sales hit post-crisis record in 2016

Ø  Ratan Tata-Cyrus Mistry row: Sebi finds no violations

Ø  Trade deficit may range b/w $100-110 bn: Report


Ø  Survey indicates decline in business sentiment outlook for Q4: RBI

Ø  South Korean firm sues Dr Reddy's in US court

Ø  NCLT accepts Synergies Dooray's application for insolvency

Ø Petrochemical majors step on expansion gas pedal

Ø  Hurdles in digital transactions temporary: NPCI

Ø  Consumers drive UK eco, defying expected Brexit vote hit

Ø  RBS sets aside $4 bn for 'painful legacy' of US loan mis-selling


Mint

Ø  High govt debt limits room for quick deficit reduction: Moody’s

Ø  Jaitley eyes tax giveaways, state investment in Budget

Ø  Tata Steel plans to increase capacity of Kalinganagar plant

Ø  Wipro Q3 net profit falls 5.6% on higher costs

Ø  FSSAI notifies comprehensive regulations for food recall

Ø  Peugeot maker to drive back into India with CK Birla group


Ø  Reliance Jio impact: Airtel to switch to VoLTE in key markets

Ø  BlackRock’s $1 trillion JPMorgan move shows cost strategy

Ø  GVK sole bidder for Navi Mumbai airport

Ø  Fidelity Investments slashes Flipkart’s valuation by over a third

Ø  Donald Trump finds unlikely ally in Unilever CEO Paul Polman

Financial Chronicle

Ø  Sebi bars Vijay Mallya, six others from securities market

Ø  RBI prohibits investments in 'non-cooperative countries'

Ø  British Steel to reverse Tata Steel pay cuts on staff at UK plant

Ø  Moody's downgrades Rel Com credit rating to B2

Ø  Consolidation in realty sector to gain momentum post notes ban



Ø  Maruti Suzuki net zooms 47.5%

Ø  Tata Steel aims 20% revenue from service, solutions biz

Ø  Only 3% jewellers have hallmarking certification

Ø  BSE IPO oversubscribed nearly 12 times

Ø  Parliament must vote before UK can trigger Brexit, rules top court

Ø  Johnson & Johnson to buy Actelion for $30b

Wipro Q3

Cons Net Profit At Rs 2109 Cr 

Tech Services Revenue At Rs 13,196 Cr Vs CNBC-TV18 Poll Of Rs 13,215 Cr

IT Services $ Rev At $1903 m Vs CNBC-TV18 Poll Of $1,919 m, 

IT Svcs EBIT At Rs. 2,415.5 Cr Vs Poll Of Rs. 2,320 Cr

Targets $ Revenue Growth Of 1-2% In Q4 Against CNBC-TV18 Poll Of 2.5-4.5%

Exide Q3

Net Profit At `151.5 Cr Vs Poll Of Rs 134.4 Cr;

Total Income At Rs 1,949.6 Cr Vs Poll Of  Rs 1,730 Cr

EBITDA At Rs 229.7 Cr Vs CNBC-TV18 Poll Of Rs 228 Cr;

EBITDA Margin At 13.3% Vs CNBC-TV18 Poll Of 13.2%

IRB Infra

Cons Net Profit At Rs 184.2 Cr Vs CNBC-TV18 Poll Of Rs 125 Cr; 

Total Income At Rs 1,411 Cr Vs Poll Of Rs 1,358 Cr

EBITDA At Rs 743.5 Cr Vs CNBC-TV18 Poll Of Rs 702 Cr; 

EBITDA Margin At 52.7% Vs CNBC-TV18 Poll Of 51.7%

Alembic Pharma Q3: Cons (YoY)

Net Profit Down 67.8% At Rs 86.5 Cr Vs Rs 269 Cr;

Revenue Down 16.9% At Rs 777 Cr Vs Rs 931 Cr

EBITDA Down 62.1% At Rs 145.4 Cr Vs Rs 384 Cr;

EBITDA Margin At 18.7% Vs 41.2%

Arvind Q3: Cons

Profit At Rs 76 Cr Vs CNBC-TV18 Poll Of Rs 84 Cr;

Revenue At Rs 2,335 Cr Vs CNBC-TV18 Poll Of Rs 2,334 Cr

EBITDA At Rs 235.9 Cr Vs CNBC-TV18 Poll Of Rs 242 Cr;

EBITDA Margin At 10.1% Vs CNBC-TV18 Poll Of 10%

UPL Q3: Cons

Profit At Rs 459.2 Cr Vs CNBC-TV18 Poll Of Rs 360 Cr;

Rev At Rs 3,987.3 Cr Vs CNBC-TV18 Poll Of Rs 3,541 Cr

EBITDA At Rs 750.3 Cr Vs CNBC-TV18 Poll Of Rs 743 Cr;

EBITDA Margin At 18.8% Vs CNBC-TV18 Poll Of 21%

Kotak Bank Ltd Q3: Standalone

Profit At Rs 880 Cr Vs CNBC-TV18 Poll Of Rs 808.7 Cr;

Net NPA At 1.07% Vs 1.2%,

Gross NPA At 2.42% Vs 2.49% (QoQ)

Provs At Rs 192 Cr Vs Rs 198 Cr QoQ

NII At Rs 2,050 Cr Vs CNBC-TV18 Poll Of Rs 2,016.1 Cr

Maruti Q3

PAT at Rs 1740 Cr; 

Net Profit at Rs 1744 Cr Vs Rs 1183 Cr

Total Expenses at Rs 17,320 Cr Vs Rs 15,530 Cr YoY; 

Other Income at Rs 592 Cr Vs Rs 242 Cr YoY

Rev At `19,173 Cr Vs CNBC-TV18 Poll Of Rs 16,638 Cr

EBITDA At Rs 2,489 Cr Vs CNBC-TV18 Poll Of Rs 2,578 Cr;

EBITDA Margin At 14.8% Vs CNBC-TV18 Poll Of 15.5%

NIFTY BANK VIEW

[19023]

IT HAS CLOSED NEAR ITS STIFF RESISTANCE ZONE OF 19000-19030.

NOW, IF TRADES ABOVE 19055-19075, IT CAN SHOW GOOD MOVE WHICH CAN TAKE IT TO 19140-19270.

SUPPORT AREA 18920-18900

NIFTY 50 VIEW

[8475]

NIFTY SHOWED A GOOD MOVE TODAY AFTER CROSSING 8440 & CLOSED WITH A CANDLE PATTERN FORMATION OF THREE WHITE SOLDIERS.

NOW, IF MAINTAINS ABOVE 8482, IT CAN SHOW 8502-8530-8580.

SUPPORT ZONE LIES AROUND 8430-8420.

Economic Times

·         James Hogan to step down as Etihad CEO

·         Japan's Nippon Paper set to buy Plus Paper Foodpac

·         CBI court remands 9 accused to judicial custody in KFA loan default case

·         Ankur Khanna quits as CFO of AirAsia India

·         Impose tax on cash withdrawal above Rs 50,000, panel on digital payments suggests PM Modi

·         Tata Sons’ Director Amit Chandra denies Cyrus Mistry allegations

·         Supreme Court rejects government plea to postpone BCCI case hearing by two weeks

·         Cyrus Mistry seeks legal waiver at NCLT

·         Idea Cellular moves HC against Trai penalty of Rs 950cr

·         Kapurs likely to steer away from Sona Koyo

·         New round of capital infusion for PSBs soon

·         Kotak Mahindra sells 2.1% in South Indian Bank for Rs 60 crore

·         Muthoot Microfin to raise Rs 130 crore from Creation Investments

·         Coal India to allow buyers to lift coal within three years under e-auction

·         Lupin launches Ortho-Cyclen tablets in US

·         Ajanta Pharma denies alert from USFDA, says supply is on


 Business Line

·         CBDT tightens screws on shell companies

·         ‘Unknown sources’ make up 69% of parties’ income

·         Nabard allowed to raise ₹20,000 cr for crop loans

·         BASF enters crop protection for rice with three products

·         BookMyShow acquires MastiTickets

·         OYO checks into more premium category

·         Lupin launches Ortho-Cyclen tablets in US

·         A start-up that offers group discount programme

·         PepsiCo goes for digital transformation

·         Apollo Sugar to double network to 100 clinics

·         ITC to split Chairman’s post


  Business Standard

·         US President Trump speaks with PM Modi over phone, says WH press secretary

·         71% of donations to political parties from unknown sources

·         JSW bids Rs 25,000 cr for Bhushan Steel

·         Note ban squeezed gold demand to 650-750 tonnes: WCG

·         We are re-engineering our costs: D Shivakumar, chairman & CEO, PepsiCo

·         AirAsia India opts for leasing via tender route

·         CBI charge sheet opens way for Mallya extradition

·         Minimum import price on steel short-term step: Govt

·         Weathermen divided on El Niño


  Mint

·         Snapdeal in talks with SoftBank to raise funds at lower valuation

·         Flipkart’s new CEO has his work cut out in the wake of top-level exits

·         US seeks enhanced India market access after Trans-Pacific Partnership pullout

·         Sanjiv Puri to be named ITC CEO, chairman's post may be split

·         CBI charges Vijay Mallya with fraud, criminal conspiracy

·         Actis in talks to promote new renewable energy platform, after Ostro success

·         Alibaba lifts forecast as new ventures bolster e-commerce

·         Ashok Leyland finance arm raises Rs250 crore through rights issue

·         Income-tax dept issues norms to determine residency status of companies

·         Inox emerges as top bidder for SRS Cinemas acquisition

Market Update

Sgx Nifty +33 pts
‎Dow +112.86 pts ,Nsdq +48.01 pts , S&P +14.87 pts , Bovespa +91 pts , Ftse -0.84 pts  , Dax +49 pts  , Cac +8 pts , Nikkei  +288 pts now , Crude @ $52.96 brl (-0.22 ), Brent @ $55.44 brl (+0.21) , Gold @ $1208.40 (-2.40), Silver @ $17.11 (-0.07), Euro @ $1.0728, JPY @ $113.9300, INR @ $68.1450



Today's Corporate Action
25th Jan  Ex Date


HYDIND
Interim Dividend - Rs. - 10.0000
MINDTREE
Interim Dividend - Rs. - 2.0000
TRIDENT
Interim Dividend - Rs. - 0.6000


Today's Key Result
25th Jan


Kotak Bank(941 Cr +48% Yoy Res - During Mkt) 
Maruti (1743 Cr +71% Yoy Res - During Mkt)
Wipro( Cons 2090 Cr -6% Yoy Res - After Mkt) 
Alembic Pharma, Aro Granite,Astec‎ life,Blue Star Ltd, Chola Inv,  Coromandel Int,Elgi Rub, Exide Inds, Gail, IDFC Bank, IB Realest,Indian Bank, Ion exchange,Irb Infra,Kpr Mill, Karur Vysya Bank,Kirloskar oil, Murudeshwar Ceramics,Raymonds, Saregama,Supreme Inds,Tata Elxsi, Trf,UPL Ltd,Vrl Logistics
Srcs-Est Cogencis


Today's Global Data


Jan 25: US API weekly statistical bulletin for week ended Jan 20; 0300 IST

Jan 25: Japan Dec provisional trade statistics; 0520 IST

Jan 25: Germany Jan Ifo Business Climate Index; 1430 IST

Jan 25: UK Jan CBI quarterly industrial trends survey; 1630 IST

Jan 25: US MBA weekly mortgage applications survey for week ended Jan 20;1730 IST

Jan 25: US Nov Monthly House Price Index; 1930 IST

Jan 25: US EIA Weekly Petroleum Status Report for week ended Jan 20; 2100
IST

Jan 25: Europe Dec statistics on new commercial vehicle registrations

Bharat Fin Q3

Profit At Rs 142.8 Cr Vs CNBC-TV18 Poll Of Rs 111 Cr & Vs `Rs 79.5 Cr (YoY). 

Calculated NII At Rs 204 Cr Vs Rs 147.8 Cr (YoY)

Ajanta Pharma

Net Profit Up 25.2% At Rs 142.6 Cr Vs Rs 113.9 Cr; 

Total Income at Rs 533 Cr Vs Rs 477 Cr YoY

Revenue Up 11.9% At Rs533 Cr (YoY)

EBITDA Up 8.9% At Rs 178 Cr; 

Margin At 33.4% Vs 34.3% (YoY)

ZEE Corporate Entertainment Q3

Cons Net Profit At Rs 251 Cr Vs CNBC-TV18 Poll Of Rs 282.6 Cr; 

Rev At Rs 1,639.1 Cr Vs Poll Of Rs 1,622 Cr

M&M Fin

Posts Loss Of Rs 16 Cr Vs Poll Of Rs 110 Cr Profit

NII At Rs 746.3 Cr Vs CNBC-TV18 Poll Of Rs 809.4 Cr

L&T Fin Holdings Q3

Cons Net Profit At Rs 270 Cr Vs CNBC-TV18 Poll Of Rs 247.9 Cr

Gross NPA At 4.86% Vs 4.7% (QoQ); 

Net NPA At 3.1% Vs 3.07% (QoQ)

NII Up 16% At Rs 934 Cr Vs Rs 805.2 Cr (YoY)

HDFC Bank Q3

Net Profit At Rs 3,865 Cr Vs CNBC-TV18 Poll Of Rs 3,770.7 Cr

Provisions At Rs 715.8 Cr Vs Rs 749 Cr (QoQ), Vs Rs 653.9 Cr (YoY)

Loan Growth At 13.5% (YoY); 

Asset Quality Stable With Gross NPA At 1.05% Vs 1.02% (QoQ)

NIFTY BANK VIEW:

[18842]

NIFTY BANK IS TRADING BELOW 100 DMA BUT HAS GIVEN A CLOSE WITH A SPINNING TOP CANDLE.

IF HOLDS 18700, IT CAN RISE TO 19000.

IF BREAKS 18700, IT CAN SLIDE TO 18600-18480 LEVELS

NIFTY 50 VIEW:

[8391]

NIFTY HAS HOLD ITS SUPPORT OF 200 DMA AT 8316, AND HAS GIVEN A CLOSE WITH A MARUBOZU CANDLE.

NOW IF NIFTY TRADES ABOVE 8406 & CROSSES 8430-8440 ZONE [STIFF RESISTANCE] ON MAINTAINED BASIS, IT CAN SHOW 8470-8500.

IF TRADES BELOW 8310, IT CAN SLIDE DOWN TO 8270-8240 AREA.

Economic Times

·         USFDA notice to Hetero over conditions at Telangana unit

·         Complete e-KYC of mobile subscribers: Trai asks DoT

·         Banks tell Supreme Court action on Aircel will hit them too

·         Reliance Jio wave, demonetisation to make it a turbulent Q3 for Airtel, Idea, other telcos

·         Ratan Tata thinks himself as the chairman who never retired: Cyrus Mistry

·         Govt extends Economic Affairs Secretary Shaktikanta Das' tenure by 3 months

·         FRBM review panel seeks more fiscal space for government to increase spend on development

·         Winter chill to intensify in next few days: IMD

·         Suspicious bank deposits first in Income Tax’s probe queue

·         India Inc raises $2.8 bn in foreign borrowings in December

·         Vodafone to invest Rs 3,000 crore in Bengal over three years

·         Tata Sons realty arm buys Durg bypass road project

·         Bhilai Steel Plant inaugurates Rs 1200-crore Universal Rail Mill

·         Private Equity firms eye womenswear brand 'Soch'

·         India's first wind tender over subscribed despite offtake uncertainties: Bridge to India



Business Line



·         Cyrus Mistry files fresh affidavit in Company Law Tribunal

·         Lupin gets USFDA nod for generic anti-depressant tablets

·         Okinawa to invest ₹270 crore to expand e-vehicle business

·         Suzlon bags 50.4 MW order from power utility in Gujarat

·         UltraTech to set up ₹2,600-cr plant in Madhya Pradesh

·         SAIL begins production of world’s longest single rail

·         Government to offload 10% stake in MOIL today

·         A double whammy for FPIs from April

·         Manpasand plans four new plants

·         Okinawa launches Ridge e-scooter at ₹43,702



Business Standard



·         FRBM panel offers little spending space to govt

·         Solar subsidies likely to end, sops for manufacturing on anvil

·         Diageo may have to make another open offer in USL

·         Ruia stake in Essar Steel to fall to 40%

·         FinMin pushes ministries to raise cash via bonds

·         Minimum import price of steel to go

·         Patanjali may source agriculture produce from Telangana: Kavitha

·         Amazon ropes in YouTubers Kanan, Biswa, Azeem, Sapan for comedy specials

·         Air India puts 57 over-weight crew members on ground duty





Mint



·         Election Commission clears 1 Feb budget date, bars state-specific announcements

·         Budget 2017: N.K. Singh committee favours new fiscal rules

·         Donald Trump pulls out of Trans-Pacific deal in bid to revamp US trade focus

·         RBI to set up corporation for insolvency resolution in the financial sector

·         Cyrus Mistry files fresh affidavit at NCLT, denies leaking sensitive documents

·         Vijay Mallya case: CBI arrests former IDBI Bank chairman Yogesh Aggarwal, 7 others

·         Sebi seeks forensic audit of MCX's trading software

·         OPG Power to raise Rs1,000 crore via Indian IPO

·         IBM touts Donald Trump-pleasing hiring plans while firing thousands

·         USL for franchise-based fixed fee model in popular liquor brands

·         Uber to bring UberEATS, its food delivery app, to India