Tuesday, 14 February 2017

HDIL Q3


Cons Profit Slumps 60.7% To Rs 40.3 Cr Vs Rs 102.6 Cr (YoY), 

Cons Income Falls 65.2% To Rs 112.4 Cr Vs Rs 322.7 Cr

Adani Ent Q3


Cons Net Profit Up 61.8% At  Rs 340 Cr Vs Rs 210.2 Cr YoY, 

Cons Income Up 9% At  Rs 8,605.8 Cr Vs Rs 7,895.4 Cr

Sun Pharma



Cons Net Profit At Rs 1,472 Cr Vs CNBC-TV18 Poll Of Rs 1,804.6 Cr 

Cons Total Income At Rs7,912.6 Cr Vs CNBC-TV18 Poll Of Rs7,905.3 Cr, 

Cons EBITDA At Rs2,453 Cr Vs Poll Of Rs2,628 Cr

Tata Motors Q3


Cons Net Profit At Rs 112 Cr, 

Cons Total Income At Rs 68,541 Cr

JLR EBITDA At £611 m Vs CNBC-TV18 Poll Of £865 m, 

JLR EBITDA Margin At 9.3% Vs Poll Of 13.4%

Vedanta Q3



Cons Net Profit At Rs 1,866 Cr Vs Rs 412 Cr; 

Cons Total Income Up 29.6% At Rs 20,393 Cr Vs Rs 15,731 Cr (YoY) 

Cons EBITDA Up 76.8% At Rs 5,879 Cr Vs Rs 3,325 Cr; 

Cons EBITDA Margin At 28.8% Vs 21.1% (YoY)

Adani Ports Q3



Net Profit At Rs 849.7 Cr Vs CNBC-TV18 Poll Of Rs 805 Cr; 

Total Income At Rs 2,236 Cr Vs Poll Of Rs 1,887 Cr

EBITDA At Rs 1,371 Cr Vs CNBC-TV18 Poll Of Rs 1,228 Cr; 

EBITDA Margin At 61.3% Vs CNBC-TV18 Poll Of 65.1%

Apollo Hosp Q3



Net Profit At Rs 72.8 Cr Vs Rs 122.3 Cr; 

Total Income Up 17.9% At Rs 1,680.6 Cr Vs Rs 1,425 Cr (YoY) 

Other Income At Rs 3.1 Cr Vs Rs 66.2 Cr; 

EBITDA Up 4.5% At Rs 194.1 Cr Vs Rs 185.7 Cr (YoY)⁠⁠⁠⁠

AB Nuvo Q3



Net Profit At Rs 206.2 Cr Vs Rs 318 Cr; 

Total Income At Rs 3,388 Cr Vs Rs 3,133 Cr (YoY)

EBITDA Up 20.6% At Rs 834 Cr Vs Rs 691.3 Cr; 

EBITDA Margin At 24.6% Vs 22.1% (YoY)

REC Q3: (YoY)


PAT At Rs 1,754 Cr Vs Rs 1,370 Cr;

Other Income At Rs 311 Cr Vs Rs 19 Cr;

Calculated NII Down 4% At Rs 2200 Cr

Provisions At Rs 15.3 Cr Vs Rs 121.4 Cr (QoQ); Rs 373.2 Cr (YoY);

Fixes February 28 As Record Date For Payment Of Interim Dividend.
NIFTY BANK VIEW

Nifty bank (20251)

Nifty bank had hold support @ 20100 and rose up-to 20300 giving close with a doji candlestick pattern but has made double top 20308-20310.

If nifty bank trades below 20200 it can slide to 20100-20000.

If maintains above 20310, it can catch its uptrend to show 20420-20500 zone.
NIFTY 50 VIEW

Nifty (8805)

Nifty is struggling to cross 8800 but is unable to do so.

Today it has given close above 8800 so for now if it crosses 8820..8800 and maintains it can show 8880..8920.

If maintains below 8800 it can again slide to 8760...8720.

Economic Times


Business Standard

Ø  GIC leads race to buy 40% in DLF arm for Rs 12,000 cr

Ø  L&T, MBDA partner to develop missiles in India

Ø  Govt focus on clean economy, bold decisions: Jaitley

Ø  Inflation cools to five-year low of 3.17% in Jan 

Ø  China launches anti-dumping probe against India

Ø  I-T department refunded Rs 1.42 lakh cr so far this fiscal

Ø  $11.5 billion NRI investment coming into realty

Ø  Govt allocates Rs 500 cr to India Post Payments Bank



Ø  Niti Aayog prepares model law for contract farmers

Ø  Infosys board admits 'cultural differences' with founders

Ø  GVK pips GMR to win Navi Mumbai airport bid

Ø  HPCL Q3 net up 53% at Rs 1,590 cr

Ø  Mukesh Ambani's gas pipeline company's net worth erodes by Rs 7,966 crore

Ø  UP sugar mills clear 75% dues for this season

Ø  NBCC might buy four smaller PSUs from government

Business Line



Mint

Ø  GDP growth may slowdown to 5.7% in Jan-March: Nomura

Ø  Note ban has hit collections of auto backed securities: Moody’s

Ø  India not impacted by protectionism talk, global slowdown: Jaitley

Ø  ‘Impact analysis a must before advisory norm amendment’

Ø  Hindalco logs ₹321-cr profit in Q3 on better realisation



Ø  India’s oil demand plunges most in 13 years amid Modi’s demonetisation drive

Ø  Pace of decline in banks’ asset quality slows in December quarter

Ø  L&T forms JV with France’s MBDA for development of missile systems

Ø  Cairn India to invest $1 billion in five projects to ramp up production

Financial Express



Financial Chronicle

Ø  Solar power prices hit historic low, cheaper than fossil fuel for the first time

Ø  US Stocks: S&P tops $20 trillion as "Trump trade" roars back to life

Ø  High oil prices over OPEC supply cut: Prices may come down as shale drilling booms in US



Ø  NCLT begins hearing on maintainability of Mistry firms' pleas

Ø  CSR must focus on outcomes not outlays

Ø  India Inc's FDI overseas down 57% to $1.82 bn

Ø  Maha govt carrying out integration of agri data

Market Update


Sgx Nifty +15 pts
‎Dow +142.79 pts ,Nsdq +29.i3 pts , S&P+12.15 pts , Bovespa +843 pts , Ftse +20 pts , Dax +107 pts  , Cac +59 pts , Nikkei  -26 pts now , Crude @ $53.00 brl (+0.12), Brent @ $55.67 brl (+0.11) , Gold @ $1226.55 (+0.35), Silver @ $17.822 (+0.01), Euro @ $1.059y, JPY @ $113.7400, INR @ $66.926



Today's Corporate Action
14th Feb  Ex Date



BHEL
Interim Dividend - Rs. - 0.8000
CARBORUNIV
Interim Dividend - Rs. - 1.0000
CARERATING
Interim Dividend - Rs. - 6.0000
CREATIVE
Interim Dividend - Rs. - 10.0000
GESHIP
Interim Dividend - Rs. - 3.6000
IMFA
Interim Dividend - Rs. - 10.0000
ISHANCH
Bonus issue 1:2
MRF
Interim Dividend - Rs. - 3.0000
ORBTEXP
Bonus issue 1:1
ORBTEXP
Interim Dividend - Rs. - 2.0000
REDINGTON
Special Dividend - Rs. - 2.0000







Today's Key Result
14th Feb



Adani Port ( Cons 874 cr +36% Yoy Res-During Mkt)
Tata Motors ( Cons 2472 cr -30% Yoy Res-After Mkt)
Sun Pharma ( Cons 1838 cr +38 % Yoy Res-After Mkt)
Adani Ent,AB Nuvo,Advance Enzyme,Alok Inds,Apollo Hosp,Bhartiya Int,Bse Ltd, Claris life,Cox & King,Dcw,Deepak Nitrite,Emco,Essar Ship,Finolex Cable, Fortis Health,Gitanjali Gems,Godrej Inds,Greaves Cotton,Gvk Power,Hfcl,Jain Irrigation,Jindal Steel Power,Kerela Ayurved, Kwality Ltd,Lyka Labs,MTNL, Majestic Auto,McDowell Hold,McNally bharat,Mawana Sug,MT Educare, Nitco,Opto Circuit,Oricon Ent,Parag Milk,Pc Jeweller,Punjab Alkali,Rana Sug,Ruchi Soya,Rec Ltd,Rolta,S.H.Kelkar,Shilpa Medi,Shirpur Gold,Spicejet,Starlog Ent, Sparc,Sunil Hitech,Surya Roshni,Techno Craft,Thiroo Arooran Sug,Texmaco Rail,Thomas Cook,Tree House,Unitech Ltd,Vedanta,Vedavaag,Vivimed Lab,Voltas, Wanbury, Zodiac Cloth





Today's Data Alert 



Feb 14: WPI inflation for December, by commerce & industry ministry. 1200
IST.

Feb 14: 14-day variable rate term repo for 205 bln rupees. Bids to be
submitted between 1100 and 1130 IST.







Today's Global Data




Feb 14: Japan December revised industrial production data; 1000 IST

Feb 14: Germany Oct-Dec preliminary release of GDP; 1230 IST

Feb 14: Germany January consumer price index data; 1230 IST

Feb 14: UK January monthly inflation data; 1500 IST

Feb 14: UK December house price index data; 1500 IST

Feb 14: UK December CML lending trends data; 1500 IST

Feb 14: UK January producer prices data; 1500 IST

Feb 14: Germany February ZEW indicator of economic sentiment; 1530 IST

Feb 14: Eurozone Oct-Dec flash GDP estimate; 1530 IST

Feb 14: Eurozone December industrial production data; 1530 IST

Feb 14: US January NFIB index of small business optimism; 1630 IST

Feb 14: US retail economist/Goldman Sachs chain store sales Index for the week ended Feb 11; 1815 IST

Feb 14: US January producer price index data; 1900 IST

Feb 14: US Johnson Redbook retail sales index for the week ended Feb 11;
1925 IST

Feb 14: US Federal Reserve Chair Janet Yellen to present monetary policy
 report to the US Senate banking committee; 2030 IST

Feb 14: Federal Reserve Bank of Atlanta President Denis Lockhart to speak;
2315 IST

Feb 14: German Chancellor Angela Merkel to meet Tunisian Prime Minister
Youssef Chahed

Monday, 13 February 2017

Rel Infra Q3



Cons Net Profit Up 49.1% At  Rs 374.9 Cr Vs Rs 251.5 Cr;

Total Income Down 6.2% At Rs 5,815.7 Cr Vs Rs 6,071.1 Cr (YoY)

Cons Regulatory Income At Rs 621.5 Cr Vs Expense Of Rs 230.2 Cr;

Other Income At Rs 809.9 Cr Vs Rs 577.4 Cr (YoY)

Allahabad Bk Q3



PAT At Rs 75 Cr Vs Loss Of Rs 486.1 Cr YoY;

Gross NPA At 12.51% Vs 12.28%  

Net NPA At 8.65% Vs 8.59% QoQ

Provisions At Rs 896.1 Cr Vs Rs 814.4 Cr (QoQ); Vs Rs 1,208 Cr (YoY);

Provision Coverage Ratio At 49.38%


NII Down 16.4% At Rs 1,183 Cr Vs Rs 1,416 Cr (YoY)

PFC Q3: (YoY)


PAT At Rs 1,950 Cr Vs Rs 1,582 Cr;

Rev At Rs 7,010 Cr Vs Rs 6,991 Cr;

Calculated NII Up 17.5% At Rs 2,642 Cr

Hindalco Q3: Standalone


PAT At Rs 320.6 Cr Vs CNBC-TV18 Poll Of Rs 415 Cr;

Rev At Rs 9,915 Cr Vs CNBC-TV18 Poll Of Rs 9280 Cr

EBITDA At Rs 1,185 Cr Vs CNBC-TV18 Poll Of Rs 1,240 Cr;

Margin At 11.9% Vs CNBC-TV18 Poll Of 13.36%

Tax Expense At Rs 139 Cr Vs Credit Of Rs 5.8 Cr (YoY)

Aluminium Revenue Up 8.6% At Rs 4,917 Cr;


Aluminium EBIT At Rs 876 Cr Vs Rs 354 Cr (YoY)

Copper Revenue Up 19.3% At Rs 5,000 Cr;


Copper EBIT Down 6.4% At Rs 329.5 Cr

Motherson Sumi Q3


PAT At Rs 547.3 Cr Vs CNBC-TV18 Poll Of Rs 394 Cr;

Rev At Rs 10,797 Cr Vs CNBC-TV18 Poll Of Rs 11,020 Cr

EBITDA At Rs 1,109 Cr Vs CNBC-TV18 Poll Of Rs 1,078 Cr;

EBITDA Margin At 10.5% Vs CNBC-TV18 Poll Of 9.8%
NIFTY BANK VIEW:

Nifty bank (20213)

Nifty bank has showed cool down patterns last week and gave a close with a neutral doji in positional charts.

Support lies around 20000..19900..if maintains above 20500 can resume uptrend.

Below 19900..19700..19600 are the support zone.
NIFTY 50 VIEW:

Nifty 50 (8793)

Nifty is unable to cross 8800 zone on closing basis last week it had consolidated between 8700. 8800 zone.

Break through either side will decide the further trend to 8880..8920 or 8620..8600.

Business Standard


Ø  Govt mulls new recapitalisation plan for PSBs 

Ø  Panel on doubling farmers' income mulls major reforms

Ø  Sebi defers decision on options launch by commexes

Ø  Sebi to decide on Reliance settlement plea at 'earliest'

Ø  20 Chinese cities to be hit by air pollution

Ø  Posts offices can now do employment registration

Ø  IPO aspirants look for clarity on capital gains tax

Ø  Infosys changes norms for severance pay

Ø  IMF chief Christine Lagarde 'optimistic' about US economy

Ø  Sebi keeping close watch on Infosys developments

Ø  All future foreign atomic reactors to be 1200 Mw and above: Govt

Ø  Chidambaram asks FM to cut indirect taxes immediately

Business Line


Mint

Ø  'Commodity market development needs focused regulatory push'

Ø  RJio effect: Idea Cellular reports loss of Rs 478.9 cr in Q3

Ø  Corporate bond trades hit record Rs 12 lakh cr in Apr-Jan

Ø  Govt plans merger of commodity boards

Ø  ONGC’s $2.4-bn Mozambique deal under Oil Ministry scanner

Ø  January sees 3-fold rise in M&A deals: report

Ø  Govt to come out with plan ‘Indradhanush 2.0’ for recapitalisation of banks

Ø  Govt seeks data from industry to take up visa issue with US

Ø  LIC buys additional 2% stake in Infosys

Ø  Sebi says norms for stock exchanges poised for an overhaul

Ø  Videocon Industries Q4 loss widens to Rs509.7 crore

Financial Express


Financial Chronicle

Ø  RBS said to plan more than $1 bn of cost cuts as jobs pared

Ø  Equity MF inflow at Rs 4,900-cr in Jan; Rs 55,700-cr in FY17

Ø  Demonetisation: Economy to grow by 6-6.5 per cent, lower than CSO, RBI predictions, says P Chidambaram

Ø  Residential sales down 20%, launches slip 8% in Q3 FY’17

Ø  Reliance MF beats demonetisation blues; AUMup 25%

Ø  IIP contracts 0.4% in Dec, durables worst hit

Ø  Govt asks for data from industry on H1B visa row

Ø  Firms owe Rs 7L cr in taxes, duties to govt

Ø  Pesticides utility to be assessed every 10 yrs

Ø  Govt may sell HZL stake worth Rs 39,300 cr via ETF

Market Update


Sgx Nifty +35 pts
‎Dow +96.97 pts ,Nsdq +18.95 pts , S&P+8.23 pts , Bovespa +1159 pts , Ftse +29 pts , Dax +24 pts  , Cac +2 pts , Nikkei  +74 pts now , Crude @ $53.84 brl (-0.03), Brent @ $56.69 brl (+0.00) , Gold @ $1230.95 (-3.55), Silver @ $17.922 (-0.03), Euro @ $1.0619, JPY @ $113.9300, INR @ $66.854

🔹US GENERIC GOVT. 10-YEAR YIELD : 2.4198%

Today's Corporate Action
13th Feb  Ex Date

ACGL
Interim Dividend - Rs. - 5.0000
HIKAL
Interim Dividend - Rs. - 0.6000
LALPATHLAB
Interim Dividend - Rs. - 1.3000
OIL
Interim Dividend - Rs. - 9.5000
ORBTEXP
Interim Dividend - Rs. - 2.0000
WELENT
Buy Back of Shares 


Today's Key Result
13th Feb


Hindalco (381 cr Res-During Mkt)
Aia Eng,Albert David,Allaha Bank, Aurionpro Sol,Bajaj Hind,Balaji Tele,Balmer Lawrie,Britania Inds,Concor,Control Print,Dishman Pharma,Educomp Sol, Future Life,Garwarewall,Glaxosmith Consumer,Grauer & Weil,Hbl Power,HPCL, Ig Petro,Jmc Proj,Kinetic Eng,Kokuyo Camlin,Kushal Tradelink,Minda Corp, Mmtc,Motherson Sumi,Nahar Spin, National Allum,Nbcc,Nmdc,Piramal Ent,Prestige Est,Reliance Infra,Sjvn,Skf, Sunteck Realty,Tata Inv,Vikas Eco,Voltamp,Zenotech Lab


Today's Data Alert 


Feb 13: CPI Combined inflation for January, by CSO. 1730 IST.

Feb 13: Larsen & Toubro presser on defence business. 1230 IST, New Delhi.

Friday, 10 February 2017

TataPower Q3



Cons Rev Down 9% At Rs 6,684 Cr Vs Rs 7,353 Cr (YoY); 

Cons PAT Up 38.3% At  Rs 599 Cr Vs Rs 433 Cr (YoY)

Cons Regulatory Income At Rs 152.3 Cr Vs Expense Of Rs 365 Cr (YoY); 

Cons FX Loss At RS 219.2 Cr Vs Loss Of Rs 153.6 Cr (YoY)

Hind Copper Q3



Net Profit At Rs 16.9 Cr  Vs Rs 8.3 Cr (YoY)

Total Income Up 9.2%  At Rs 248.6 Cr Vs Rs 227.6 Cr (YoY)

Other Income At Rs 20.6 Cr  Vs Rs 11.6 Cr (YoY); 

Margin At 19.4% Vs 11.8% (YoY)

M&M + MVML Q3



Net Profit At Rs 801 Cr Vs CNBC-TV18 Poll Of Rs 850 Cr;

Total Income Up 1.2% At Rs 10,587 Cr Vs Rs 10,464 Cr (YoY)


Revenue At Rs 10,587 Cr Vs Rs 10,800 Cr

EBITDA At Rs 1,449 Cr Vs CNBC-TV18 Poll Of Rs 1,401 Cr; 

EBITDA Margin At 13.7% Vs CNBC-TV18 Poll Of 13%

CESC Q3


Net Profit At Rs 152 Cr Vs CNBC-TV18 Poll Of Rs 137 Cr; 

Total Income At Rs 1,620 Cr Vs CNBC-TV18 Poll Of Rs 1,610 Cr

EBITDA Margin At 19.45% CNBC-TV18 Poll Of Vs 21.7%; 

Margin Misses Estimates, At 19.45% Vs Poll Of 21.7%

Bosch Q3



Net Profit At Rs 218.2 Cr Vs CNBC-TV18 Poll Of Rs 221 Cr; 

Total Income At Rs 2,553 Cr 

EBIDTA margin at 10% Vs poll 13.2%

EBIDTA at 267 cr Vs poll 337

SBI Q3



Net Profit At Rs 2,600 Cr Vs CNBC-TV18 Poll Of Rs 2,496 Cr; 

Gross NPA At 7.23% Vs 7.14% (QoQ)

Net NPA At 4.24% Vs 4.19% (QoQ), 

NII At Rs 14,752 Cr Vs CNBC-TV18 Poll Of Rs 14,452 Cr
NIFTY BANK VIEW

Nifty Bank (20151)

Nifty Bank did not break the zone of 20000 and bounced.

If trades below 19900..20000 zone it can show 19700.

Above 20400-20500 uptrend can resume.
NIFTY 50 VIEW

Nifty 50 (8778)

Nifty gave a good opening but did not hold the zone above 8800 and slide down to 8700 making a low of 8724. 

Stuck in a range of 8700..8800 break through either side will decide the further trend of the market as this zone is working as a consolidation or facing resistance to cool down to positional support levels of 8600.

Closing above 8800-8820 can only take nifty to 8900-8920 zone.

Business Standard


Ø  India hands over Mallya extradition request to Britain

Ø  FRBM panel recommends establishing a fiscal council

Ø  Murthy speaks out, says corporate governance fallen at Infosys

Ø  Sebi ready for change in start-up listing norms

Ø  Tata Steel agrees to sell speciality steel business 

Ø  Sundaram-Clayton unveils plan; announces US factory

Ø  NSE pulls plug on power exchange ahead of IPO

Ø  Govt may allow state pension fund EPFO to buy more stocks

Ø  Flipkart, Amazon, Snapdeal flag concerns over tax laws in GST

Ø  SAIL Q3 net loss narrows to Rs 795 cr

Ø  Infosys takes founders' concerns on board

Ø  Cairn India Q3 net profit soars multi-fold to Rs 604 cr

Ø  SBI associate banks narrow losses to Rs 787 cr in Q3

Business Line


Mint

Ø  RBI to be on hold unless inflation, growth undershoot targets

Ø  Note ban will benefit economic growth through more formalisation: Jaitley

Ø  World trade growth likely at 1.7% in 2016: Azevedo

Ø  No decision yet on imposing tax on cash transactions: Das

Ø  Welspun India, Cotton Egypt Asso forge marketing tie-up

Ø  Kumar Mangalam Birla may head telco created by Vodafone-Idea merger

Ø  Vishal Sikka tells Infosys workers not to be distracted by ‘gossip’

Ø  Indian Hotels to exit Vivanta and Gateway brands, bring hotels under Taj fold

Ø  Italy’s UniCredit bank posts massive $14.5 billion loss

Ø  AirAsia India hasn’t violated foreign control rules: DGCA

Financial Express


Financial Chronicle

Ø  IMF sees no evidence that world economies are headed for currency wars

Ø  PropTiger sacks 200 to integrate ops, post Housing.com merger

Ø  Boost to Reliance Jio free offer; TRAI may free up call tariffs from interconnect charge

Ø  No restriction on migration to Gulf countries, clears Govt

Ø  Bill soon on bankruptcy issues in financial sector

Ø  300 mining leases to be put on auction in FY'18: Govt

Ø  Land, real estate should be brought under GST: Sisodia

Ø  PSU general insurers raise group health premium rates by 40-50%

Ø  Damani’s D-Mart to hit market with Rs 1,870 cr IPO

Market Update


Sgx Nifty +24 pts
‎Dow +118.06 pts ,Nsdq +32.73 pts , S&P+13.20 pts , Bovespa +129 pts , Ftse +40 pts , Dax +99 pts  , Cac +59 pts , Nikkei  +373 pts now , Crude @ $53.08 brl (-0.05), Brent @ $55.72 brl (+0.02) , Gold @ $1227.60 (-1.40), Silver @ $17.638 (-0.00), Euro @ $1.065y, JPY @ $113.4400, INR @ $66.755



Today's Corporate Action
10th Feb  Ex Date


GAYAPROJ
Stock  Split From Rs.10/- to Rs.2/-
MAYURUNIQ
Interim Dividend - Rs. - 0.2500
TORNTPHARM
Interim Dividend - Rs. - 10.0000


Today's Key Result
10th Feb


Bosch(310 cr +40% Yoy Res-During Mkt)
BOB (632 cr Res-After Mkt)
Gail (979 cr +47% Yoy Res-After Mkt)
M&M(833 cr +3% Yoy Res-During Mkt )
Sbi (2472 cr +122% Yoy Res-During Mkt)
Tata Power( Cons 424 cr Res-After Mkt)
Alkem Lab,Anant Raj,Andhra Cem,Aries Agro,Balkrishna Ind,Beml,Berger Paints,Bhushan Steel,Bombay Burmah, Camlin Fin,Chambal Fert,Corp Bank,Cromp  Greaves,Deepak Fert,Dena Bank,Dredging Corp,Elgi Equipment,Engineers Ind,Ganesh Benzo,Global Vectra,Hind Zinc,Ilfs Eng,Ipca Lab,Jb Chem,Maharastra Seamless,Mindteck,Ndtv,Praj Inds, Radico Khaitan,Rcf,Rel Cap, Simmond Marshall, Sml Isuzu,S ona Koyo,Sun Tv,Suzlon,Techno Elect,Tnpl,Wespun Corp,Xchanging Sol,Zylog Sys
Srcs-Est Cogencis


Today's Global Data


Feb 10: Japan Dec tertiary industry index; 1000 IST

Feb 10: France Dec industrial production index; 1315 IST

Feb 10: UK Dec index of production; 1500 IST

Feb 10: UK Dec trade data; 1500 IST

Feb 10: US Jan import & export price indexes; 1900 IST

Feb 10: US Feb University of Michigan's consumer sentiment survey; 2030 IST

Feb 10: Germany Dec balance of payments

Feb 10: US president Donald Trump to meet Japan prime minister Shinzo Abe

Thursday, 9 February 2017

Andhra Bank Q3


Profit At Rs 58.7 Cr Vs Rs 34.4 Cr YoY. 

Gross NPA At 11.88% Vs 11.49% QoQ, 

Net NPA At 6.98% Vs 6.99% QoQ

Page Ind Q3


PAT At Rs 63 Cr Vs CNBC-TV18 Poll Of Rs 60.8 Cr;

Revenue At Rs 528.7 Cr Vs CNBC-TV18 Poll Of Rs 488 Cr

EBITDA At Rs 99.1 Cr Vs CNBC-TV18 Poll Of Rs 93 Cr;

EBITDA Margin At 18.7% Vs CNBC-TV18 Poll Of 19%

Lupin Q3: Cons


PAT At Rs 633 Cr Vs CNBC-TV18 Poll Of Rs 609.5 Cr;

Rev At Rs 4483 Cr Vs CNBC-TV18 Poll Of Rs 4239 Cr

EBITDA At Rs 1,215.8 Cr Vs CNBC-TV18 Poll Of Rs 1,011.7 Cr;

Margin At 27.1% Vs CNBC-TV18 Poll Of 24%

US Sales Up 53.4% At $316 m Vs $206 m;

India Formulation Sales Up 11.9% At Rs 991.2 Cr Vs Rs 886 Cr

Asia-Pacific Sales Up 20.9% At Rs 560 Cr Vs Rs 463.4 Cr;

EMEA Sales Up 16.8% At Rs 255.5 Cr Vs Rs 218.7 Cr

North America Sales Up 57.6% At Rs 2,175.5 Cr Vs Rs 1,380.5 Cr

Bank Of India Q3



PAT At Rs 102 Cr Vs Loss Of Rs 1,505 Cr (YoY);

Gross NPA At 13.4% Vs 13.5%, 

Net NPA At 7.09% Vs 7.6% (QoQ)

Provisions At Rs 2,303 Cr Vs Rs 2,296 Cr (QoQ); Vs Rs 3,604 Cr (YoY);

NII (GU)5.7% At Rs 2,862.7 Cr (YoY)
Nifty bank (20245)

Nifty bank yesterday had hold its support zone of 20000..19900 and made a low of 20070 closing with a doji candle stick pattern 
As it is on trend-line breakout in positional charts it can show good momentum above 20340...20370 zone heading to show new 52 week high

Being a weekly expiry today it can show volatility 
Today if trades below 20200 it can slide to 20070 which can act as a bounce back support for the day 

Below 19900 selling pressure can be seen which can lead it to 19600 levels
Nifty 50 (8769)

Nifty yesterday filled the gap and made a low of 8715 and bounced back forming a neutral kind of doji 
It bounced back just close to our recommended zone of 8700..8710 
Today if maintains above 8770..8794 zone it will catch its uptrend 
If maintains below 8760 ..8740 zone it can slide down again to 8700..8710 zone

Business Standard


Ø  Highlights: RBI keeps repo rate unchanged at 6.25%

Ø  Infy-nite trouble at IT Bellwether Infosys

Ø  Scope for lending rates to fall further: Urjit Patel 

Ø  CCI clears Reliance Infra-Adani transmission deal

Ø  India ranks 43rd out of 45 nations in IP environment

Ø  Postal dept revenue deficit widened to Rs 8,670 cr

Ø  7.6 lakh citizens receive Rs 117 cr for paying digitally

Ø  RBI to lift all cash withdrawal limits from March 13

Ø  Softbank writes off $475 million in Ola, Snapdeal

Ø  Cognizant to return $3.4 bn to shareholders over 2 years

Ø  Indian airports face capacity crunch as aviation market booms

Ø  Wheat imports rise to a decade high of over 5 mn tonnes

Ø  Cipla's Q3 net profit jumps by 44% to Rs 375 cr

Ø  United Breweries asks Mallya to step down from board

Business Line


Mint

Ø  Foreign direct investment jumps 60% to $4.68 bn in Nov

Ø  RBI to set up panel on strengthening cyber security

Ø  NSE selects IDFC’s Vikram Limaye as its new CEO

Ø  Birla Corp Q3 net down 85% 

Ø  Bharat Forge Q3 profit drops 21% to Rs 129 cr

Ø  Petrol prices lower now than in 2013-14: Govt 

Ø  Reliance Defence seeks board’s approval for a refinancing scheme

Ø  Data analytics to help income tax dept catch evaders

Ø  MobiKwik in talks to raise funds at $1 billion valuation: CEO

Ø  KKR hedge fund unit to merge with Pacific Alternative AMC

Ø  Coffee Day Enterprises Q3 net profit jumps 146% to Rs12.34 crore

Financial Express


Financial Chronicle

Ø  Fund raising via preferential allotment down 36% at Rs 27Kcr

Ø  Knitwear exporters dejected over RBI decision on repo rate

Ø  NITI Aayog to rank states on digital metrics: Government

Ø  United Breweries asks Vijay Mallya to step down as non-executive chairman of board

Ø  One of world's largest digital literacy programmes in world, ‘PMGDISHA’ cleared by Cabinet

Ø  High oil prices, volatile exchange rate risk to inflation: RBI

Ø  3.2% fiscal deficit target realistic; revenues to improve: Das

Ø  Over 100 start-ups urge Trump against H-1B executive order

Ø  Small engineering companies could be merged with EIL

Ø  Gold futures volume nosedives 71%: WGC

Market Update


Sgx Nifty +7 pts
‎Dow -35.95 pts ,Nsdq +8.24 pts , S&P+1.59 pts , Bovespa +636 pts , Ftse +2 pts , Dax -6 pts  , Cac +12 pts , Nikkei  -94 pts now , Crude @ $52.50 brl (+0.12), Brent @ $55.17 brl (+0.00) , Gold @ $1241.85 (-1.15), Silver @ $17.763 (-0.01), Euro @ $1.0693, JPY @ $111.9200, INR @ $66.974

🔹US GENERIC GOVT. 10-YEAR YIELD : 2.3381%

Today's Corporate Action
9th Feb  Ex Date

AEGISLOG
Interim Dividend - Rs. - 0.3500
ARCHITORG
Right Issue of Equity Shares 
CUMMINSIND
Interim Dividend - Rs. - 5.0000
GAEL
Buy Back of Shares 
GENUSPOWER
Interim Dividend - Rs. - 0.1000
GHCL
Interim Dividend - Rs. - 1.5000
IBULHSGFIN
Interim Dividend - Rs. - 9.0000
IOC
Interim Dividend - Rs. - 13.5000
KALINDEE
Amalgamation 
KPEL
Interim Dividend - Rs. - 1.0000
MARICO
Interim Dividend - Rs. - 2.0000
NLCINDIA
Buy Back of Shares 
SHARDA
Interim Dividend - Rs. - 6.2500
TCI
Interim Dividend - Rs. - 0.5000


Today's Key Result
9th Feb

Auro Pharma (Cons 609 cr +14% Yoy Res-After Mkt)
Bpcl (2178 cr +47% Yoy Res-After Mkt)
Lupin (Cons 648 cr +22 % Yoy Res-During Mkt)
Power Grid ( 1939 cr + 20% You Res-After Mkt)
3m Ind,Abb,Andhra Bank,Andrew Yule,Bajaj Elect,Bank of Ind,Bata India, Bliss Gvs, Bombay Dyeing,Cairn Ind, Century Enka,Edelweiss Fin,Esab Ind, Escorts,Guj Fluoro,Harr Malayalam, Heidelberg Cement,Icra,Jindal Saw,Kesar Ent,Lakshmi Mills,Laurus Lab,Lincoln Pharma,Madras Fert,Magma Corp,Man Infra,Moser Baer,Nagar Fert,NCC,Octl, Omax Ltd,Onmobile 
Srcs-Est Cogencis


Today's Data Alert


Feb 9: First leg of Budget Session of Parliament to end.


Today's Global Data


Feb 9: Japan Dec machinery orders data; 0520 IST

Feb 9: UK Jan RICS house price index; 0531 IST

Feb 9: Japan Jan preliminary machine tool orders data; 1130 IST

Feb 9: Germany Dec foreign trade data; 1230 IST

Feb 9: France Dec OECD harmonised unemployment rates; 1630 IST

Feb 9: US weekly ex[orts sales data; 1700 IST

Feb 9: US unemployment insurance claims data for week ended Feb 4; 1900 IST

Feb 9: US Bloomberg consumer comfort index; 2015 IST

Feb 9: US Dec wholesale trade data; 2030 IST

Feb 9: US EIA natural gas storage report for week ended Feb 3; 2100 IST

Feb 9: US Federal Reserve Bank of Chicago president Evans to speak; 2340 IST

Feb 9: UK Bank of England Governor Mark Carney to speak

Feb 9: German chancellor Merkel to meet European Central Bank president
Draghi

Wednesday, 8 February 2017

Union Bank Of India Q3


Profit Up 32.4% At  Rs 104 Cr Vs Rs 78.5 Cr (YoY), 

Net NPA At 6.95% Vs 6.39% (QoQ), 

Gross NPA At Rs 32,403 Cr Vs Rs 29,862 Cr (QoQ)

NII Up 7% At Rs 2,136.6 Cr Vs Rs 1,996.5 Cr (YoY)

Cipla Q3


Cons Profit At Rs 375 Cr Vs CNBC-TV18 Poll Of Rs 359.4 Cr, 

Cons Total Income At Rs 3,647 Cr Vs Poll Of Rs 3,728 Cr

EBITDA Margin At 18.6% Vs CNBC-TV18 Poll Of 18.2%, 

Tax Expense At Rs 128.3 Cr Vs Rs 50.3 Cr (YoY)

Tata Chem Q3


Cons Net Profit At Rs 318.4 Cr  Vs Rs 241.8 Cr (YoY), 

Income Falls 12.4%  To Rs 3,495 Cr Vs Rs 3,991.2 Cr (YoY)

EBIDTA up 24% (exp up 5%)

Margins at 16.7% Vs 11.8% (analyst expected 13%)

PAT at 287 cr Vs 219 cr

NTPC Q3



PAT At Rs 2,469 Cr Vs CNBC-TV18 Poll Of Rs 2,412 Cr;

Revenue At Rs 19,396 Cr Vs CNBC-TV18 Poll Of Rs 18,812 Cr

EBITDA At Rs 5,251 Cr Vs CNBC-TV18 Poll Of Rs 5,121 Cr;

EBITDA Margin At 27.1% Vs CNBC-TV18 Poll Of 27.2%

Siemens Q1: Standalone


PAT At Rs 160 Cr Vs CNBC-TV18 Poll Of Rs 128 Cr;

Rev At Rs 2396.5 Cr Vs CNBC-TV18 Poll Of Rs 2445 Cr

EBITDA At Rs 233.7 Cr Vs CNBC-TV18 Poll Of Rs 210 Cr;

EBITDA Margin At 9.7% Vs CNBC-TV18 Poll Of 8.6%

City Union Bk Q3


PAT At Rs 126.6 Cr Vs Rs 113 Cr (YoY);

Gross NPA At 2.98% Vs 2.69%  

NPA At 1.72% Vs 1.63% (QoQ)

NII Up 21.4% At Rs 307 Cr Vs Rs 253 Cr (YoY)

Provisions At Rs 92 Cr Vs Rs 67 Cr (QoQ); Rs 64.8 Cr (YoY)
NIFTY 50 VIEW

Nifty 50 (8768)

Nifty 50 has filled the gap of 8770-8748 and made a low of 8741.

Now if trades below 8741 can slide to 8707..8700 zone which is a bounce back zone.

But if fails to hold at bounce back zone can slide to 8600.

If maintains above 8800-8820 will resume back to uptrend to show 8880-8920.
NIFTY BANK VIEW

Nifty Bank (20327)

Nifty bank has touched its positional trend-line breakout zone yesterday of 20460.

To resume uptrend and enter into a new rally zone it has to cross 20440-20500 zone on closing basis.

Now it has made kind of neutral tweezer tops if trades below 20281 it can fill the gap to 20229 it can show 20000-19980-19910.

MARKET UPDATE

SGX Nifty -20 pts (8779.50) from last trade 8790 ,  


Nikkei +32 pts ,  Hangseng - 47 pts ,  NOW @6.53am ,  


‎Dow +37.87 pts ,Nsdq +10.66 pts , S&P+0.52 pts , Bovespa +205 pts , Ftse +14 pts  , Dax +39 pts  , Cac -23 pts , Crude @ $51.42 brl (-0.75), Brent @ $54.70 brl (+0.04) , Gold @ $1232.60 (-3.50), Silver @ $17.657 (-0.09), Euro @ $1.0671, JPY @ $112.4200, INR @ $67.357


Infy:+1.59%,               Wit:+0.55%
Ttm: -2.97%,              Rdy: -1.52%
Hdb: -0.06%,              Ibn: -0.93% 
SBID: -0.12%,          RIGD: -1.94%


Today's Corporate Action
8th Feb  Ex Date


ALANKIT
Interim Dividend - Rs. - 0.1000
MOTILALOFS
Interim Dividend - Rs. - 2.5000
SUVEN
Interim Dividend - Rs. - 1.0000
THYROCARE
Interim Dividend - Rs. - 5.0000




Today's Key Result
8th Feb


♦     8th February 2017

HERO MOTOCORP 
CIPLA 
BHARAT FORGE
UNION BANK 
SIEMENS 
RELIANCE POWER
Birla Corp
City Union Bank
Coffee Day
EClerx Services 
Gdl
Goodyear
Heg
Igrashi Motors
IGL
Insecticides
Jubilant Ind
Kesoram
Oracle Fin Serv
NTPC
NRB Bearing 
Punjab and Sind
Ratnamani Metal
Thermax
United Breweries

Srcs-Est Cogencis



Today's Data Alert



Feb 8: Sixth bi-monthly policy statement by Monetary Policy Committee