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2024-02-04 13:57:54 The real reason for Paytm's fall

Exit the STOCK once they sponsor the Indian Cricket Team
https://www.linkedin.com/posts/bharath-shankar . . . ओपन / कमेंट

2024-02-02 05:31:09 Top 10 Stocks to watch Today

Hero MotoCorp: Recorded total sales of 4,33,598 units in January, up 21.6% from a year ago. Domestic sales increased 20.5% to 4.2 lakh units and exports jumped 74.6% to 12,664 units.

Paytm: Management said during an analyst call that the RBI's actions were a big speed bump and that operational changes would be required. The stock hit the 20% lower circuit soon after the market opened on Thursday.

Indian Hotels: Net profit was up 18.2% to ₹476.9 crore in Q3 from a year ago, revenue up 16.5%. Ebitda increased 22.6% yoy, while margin was 37.3% from 35.4% last year. Revenue for the quarter was led by 21% growth in room revenue. International RevPAR growth of 9% yoy due to 70% occupancy levels.

Mphasis: Direct revenue up 2% sequentially and up 1.3% in constant currency terms. New deal wins worth $241 million. Management said it was seeing signs of stability despite seasonal softness in the quarter.

Eicher Motors: Flagship brand Royal Enfield sold 76,187 motorcycles in January, up 2% from 74,746 units a year ago. However, exports sales dropped 20% to 5,631 motorcycles.

Panacea Biotec: The USFDA has classified the inspection of the facility of the company's subsidiary Panacea Biotec Pharma in Baddi, Himachal Pradesh, as ‘official action indicated’.

Sonata Software: Clocked a net loss of ₹46.2 crore for the December quarter against a profit of ₹124.2 crore in the previous quarter. Consolidated revenue from operations grew 30.4% sequentially to ₹2,493.3 crore in the quarter.

Bata India: Recorded a net profit at ₹57.3 crore in the December quarter, down 31% from a year ago, thanks to a tepid topline and weak operating numbers. Revenue from operations grew 0.4% yoy to ₹903.5 crore.

Abbott India: Posted 26% growth in net profit to ₹311 crore for the December quarter. Revenue from operations grew 8.7% to ₹1,437 crore from a year ago.
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2024-02-01 18:36:45 Interim Budget 2024 : Important Highlights
https://www.linkedin.com/posts/bharath-shankar. . . ओपन / कमेंट

2024-02-01 11:47:08 BUDGET 2024 Highlights

Fiscal Responsibility and Realistic Outlook

- Emphasis on fiscal discipline and realistic expectations, especially considering the pre-election context.

Growth Expectations

- Nominal GDP growth assumed at 10.5%, with a projected GDP of ₹327 lakh crore.

Receipts

- Expected to increase from ₹26.99 lakh crore to ₹30.01 lakh crore, showing a substantial growth of 11.2%.

- Tax receipts have already seen a 14% increase in the last 10 months.

Expenditure

- Anticipated growth from ₹44.9 lakh crore to ₹47.65 lakh crore, reflecting an 11.2% rise.

Breakdown:

Capex Budget

- Increased by 16.9% at ₹11.11 lakh crore compared to ₹9.5 lakh crore.

- Allocated for infrastructure, roads, and assets development.

Revenue Expense Budget

- Grows by 3.2% at ₹36.5 lakh crore versus ₹35.4 lakh crore.

- Allocated for various expenditures.

Key Outcomes:

- FY25 Fiscal Deficit projected at just 5.1% of GDP, a decrease from 5.8% in FY24.

- Government intends to borrow only ₹11.75 lakh crore, potentially influencing favorable interest rates.

**#Budget2024 ओपन / कमेंट

2024-02-01 08:44:22 Salaried class looking at Nirmala Sitharaman for tax relief

https://www.linkedin.com/posts/bharath-shankar.. ओपन / कमेंट

2024-02-01 06:04:25 Top 10 Stocks to watch Today

One 97 Communications: The RBI has taken action against Paytm Payments Bank, saying no further deposits or credit transactions or top-ups will be allowed in any customer accounts, prepaid instruments, wallets, FASTags, NCMC cards and so on after 29 February. On 11 March, 2022, the RBI had directed Paytm Payments Bank to stop onboarding of new customers immediately.

Mankind Pharma: Revenue was up 25% to ₹2,606.9 crore, while Ebitda rose 39% to ₹606.5 crore in Q3. Ebitda margin up to 23.3% from 20.9% a year ago. Net profit rose 55% to ₹459.8 crore from ₹295.7 crore a year ago. Domestic revenue up 20% to ₹2,400 crore. Export revenue up 118% to ₹207 crore.

Cochin Shipyard: Bagged an order from a European client to design and build a hybrid service operation vessel (SOV). The project cost is nearly ₹500 crore and the vessel is to be delivered in 2026.

Glenmark Pharmaceuticals: Joined hands with Pfizer to launch Abrocitinib in India. Abrocitinib is used to treat moderate to severe atopic dermatitis.

Shree Cement: Recorded 165% growth in standalone net profit at ₹734 crore for the December quarter, with improved realisation and cost reduction amid robust demand growth. Revenue from operations grew 20% to ₹4,901 crore.

Godrej Consumer Products: Posted 6.4% growth in consolidated profit at ₹581 crore for the December quarter, with healthy operating numbers. Consolidated revenue from operations increased 1.7% to ₹3,660 crore from a year ago.

Jindal Steel & Power: Recorded a consolidated profit of ₹1,928 crore for the December quarter, up 272% from ₹518 crore a year ago, when it recorded an exceptional loss and higher tax costs. Consolidated revenue from operations fell 6% to ₹11,701.3 crore.

Dixon Technologies: Posted 87% growth in consolidated net profit at ₹97 crore for the December quarter, driven by a healthy topline, though the operating margin was weak owing to higher input cost. Revenue from operations doubled to ₹4,818.3 crore from a year ago.

Divgi TorqTransfer Systems: Won orders worth ₹212.1 crore from two North American manufacturers of automotive transmissions. The annual value of these five-year orders is about ₹42.5 crore.
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2024-01-31 18:08:25 How much RETURNS did Market delivery around the budget time ? ?: 

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2024-01-31 14:28:31 Suzlon Energy Q3 Results Overview:

- Net profit soars by 159.11% YoY to Rs 203 crore.

- Revenue from operations rises by 7.17% to Rs 1,552.91 crore in Q3 FY24.

- EBITDA for Q3 FY24 is Rs 248 crore, with an EBITDA margin of 15.9%.

Management Statements:

- Girish Tanti, Vice-Chairman at Suzlon Group, highlights a strong performance and impactful policies supporting India's renewable energy vision.

- Himanshu Mody, CFO at Suzlon, mentions securing non-fund based working capital lines from REC for faster ramp-up.

Strategic Moves:

- Recently secured a 642 MW wind power project order from Evren company, ABC Cleantech Pvt Ltd.


Disclaimer : This is not an investment advice and this is not an investment recommendation.

#SuzlonEnergy #Q3Results #RenewableEnergy ओपन / कमेंट

2024-01-31 11:14:12 1. How to find out Intstric value?

*Very easy explanation by Graham*


- Intrinsic value, per Graham, is like gauging someone's weight without measuring. Similarly, assessing a stock's intrinsic value can be straightforward.

2. Key Metrics for Company Evaluation:
- Check if EPS is increasing.
- Verify positive trends in sales and cash flow.
- Ensure promoters are increasing their stake.

3. Importance of Valuation:
- Once fundamentals are positive, focus on the company's valuation.

4. ROE and PE Ratio Comparison:
- Confirm ROE is higher than the PE ratio.

5. Historical PE Analysis:
- Ensure current PE is lower than the 10-year average.

6. Peer Comparison:
- Compare the stock with industry peers.

7. Final Valuation Assessment:
- After considering these factors, form an opinion on whether the stock's valuation is favorable.

#StockAnalysis #ValuationTips #Investing ओपन / कमेंट

2024-01-31 05:31:02 Top 10 Stocks to watch Today

L&T: Recorded 15% yoy growth in consolidated net profit at ₹2,947 crore for the December quarter. Consolidated revenue from operations grew 19% yoy to ₹55,128 crore.

Dr Reddy’s Laboratories: Registered 10.6% yoy growth in consolidated net profit at ₹1,378.9 crore for the December quarter, despite higher tax cost. Revenue from operations rose 6.6% to ₹7,215 crore from a year ago.

SRF: Quarterly numbers were weaker than estimated, owing to the chemicals business. Ebitda margin was 18.5% from 24% last year. Ebitda was down 32.1% and net profit down 50%.

Voltas: Posted a net loss of ₹27.6 crore for the December quarter, narrowing from a loss of ₹110.5 crore a year ago despite a healthy topline, thanks to increased input costs. Consolidated revenue from operations increased 31% yoy to ₹2,625.7 crore.

TCS: Announced a 15-year expansion of its partnership with Aviva, the British insurance, wealth and retirement provider, to transform its business and enhance customer experience.

PB Fintech: The parent firm of Policybazaar posted a net profit of ₹37 crore for the December quarter, against a net loss of ₹87 crore a year ago. Revenue from operations jumped 43% you to ₹871 crore.

Astral: Revenue came in at ₹1,371 crore, below estimates of ₹1,436 crore, while Ebitda was up 12.8% to ₹204.6 crore, also below estimates. Revenue from the plumbing segment rose 7.1% from last year, revenue from paints and adhesives increased by 10.7%. Both the PVC and CPVC divisions posted inventory losses in the quarter, while pipe sales volume rose 15% to 52.7 kt.
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