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Last date to buy HCL Technologies to be eligible for dividend


Stock market essentials

Stock Market Essentials For January 18: Last date to buy HCL Technologies to be eligible for dividend

Photo : BCCL

Global Cues

US retail sales, PPI, industrial production

Eurozone CPI

BoJ outlook report and rate decision

Federal Reserve releases Beige Book.

India Earnings

Nifty- IndusInd Bank

Others: Persistent systems, Oracle Financial, Rallis India, Majesco, CCL Products, Central Bank of India, Surya Roshni, Stylam Industries, PSP Projects

Corporate Action

Last date to buy HCL Technologies to be eligible for dividend

KDDL to consider buyback of equity shares

Other Events

10:30am: India federal cabinet is likely to meet

3:45pm: New Delhi. Minister for I&B & Sports Anurag Thakur to address FICCI event

3:30pm: New Delhi. G20 Sherpa Amitabh Kant to address CII National Conference on Millets: Ensuring Climate Adaptation, Nutrition and Food Security

6pm: New Delhi. Finance Minister Nirmala Sitharaman; Agriculture Minister Narendra Singh Tomar to address CII National Conference on Millets

CORPORATE EVENTS:

8:30am: ICICI Prudential LIC to hosts conference call on 3Q FY23 results

12noon. Ganesh Housing hosts conference call on 3Q FY23 earnings

3:30pm: Metro Brands hosts conference call on 3Q FY23 earnings

4pm: Aurum PropTech hosts conference call on 3Q FY23 results

4pm: Central Bank of India hosts conference call on 3Q FY23 results

4pm: PSP Projects hosts confernce call 3Q FY23 earnings

5:30pm: IndusInd Bank hosts conference call on 3Q FY23 earnings

Oil & Gas Updates

Brent Crude at $86/bbl Vs $84/bbl

Singapore GRM at $10.2/bbl Vs $9.5/bbl

Asia Spot Gas prices at $22.7/mmBtu Vs $20.2/mmBtu

FII/DII Data:

FIIs net sold Rs 211.06 cr worth shares on Jan 17 (prov)

DIIs net bought Rs 90.81 cr worth shares on Jan 17

FII F&O Cash Data:

Index futures net sell Rs 1488 cr

Index options net buy Rs 494 cr

Stock futures net buy Rs 848 cr

Stock options net buy Rs 183 cr

Total FII net buy Rs 3013 cr in F&O

F&O Ban:

Addition: Delta Corp, Manappuram Fin

GNFC & Indiabulls Hsg fin, L&T Housing Finance

Bulk/Block Deal

VMART

BSE: Amansa Holdings Private Limited bought 1.62 lakh shares at Rs 2800/sh

NSE: Amansa Holdings Private Limited Bought 1.65 Lakh Shares At Rs 2800/Sh

Bajaj Finserv

Madhur Securities Private Limited Bought 1.45 Lakh Shares At Rs 1380/Sh

Rahul securities pvt ltd bought 2.55 lakh shares at rs 1380/sh

Rishab Family Trust Sold 4 Lakh Shares At Rs 1380/Sh

Tata Metaliks

QoQ

Revenue Rs 790.23 Cr Vs Rs 876.98 Cr QoQ

PAT Rs 9.48 Cr Vs Rs 14.29 Cr QoQ

EBITDA Rs 38.74 Cr Vs Rs 40.92 Cr QoQ

EBITDA Margins 4.9% Vs 4.67% QoQ

Shalby

Consolidated Revenues of Rs. 207 cr vs 165 cr; up 25% YoY

Consolidated EBITDA of Rs. 38 cr vs 31 cr; up 22.5% YoY

Margins 18.3% vs 18.8% YoY

Consolidated Profit After Tax was Rs. 15.3 cr vs 12.9 cr; up 18.3% YoY

ICICI Lombard

Gross Premium Written 5599.7 cr vs 4786.07 cr; up 17% YoY

GDPI ₹ 5493 crin Q3 FY2023 VS ₹ 4699 cr in Q3 FY2022; up 16.9% YoY

PAT 353 cr vs 318 cr YoY; up 11%

Combined ratio was at to 104.4% in Q3 FY2023 vs 104.5% YoY

Solvency ratio was 2.45x as on 31 Dec vs 2.47x as at September 30, 2022

Eris Lifesciences

Cons Total Rev from ops 423 cr vs 332 cr YoY; up 27%

Cons PAT 100.2 cr vs 100.7 cr YoY; flat

Cons EBITDA 137 cr vs 122 cr YoY; up 12%

Cons Margins 32.4% vs 36.7% YoY; down 430 bps

+ Acquisition [FROM GLENMARK PHARMA]

Acquired part of the dermatology portfolio of Glenmark Pharmaceuticals Limited by way of acquisition of 9 trademarks along with their applicable line extensions

by Eris Oaknet Healthcare Private Limited, a wholly owned subsidiary of the listed entity

Consideration: 340 cr (CASH)

Objective: The Transaction helps augment and expand the business of EOHPL by way of expansion in product offerings

Gulshan Poly

Revenue from operations to ₹332 cr in Q3 FY23 from ₹293 cr; up 13.3% YoY

Revenue growth was led by healthy demand for products across all our segments.

EBITDA 35.2 cr vs 24.2 cr; up 31.4% YoY

EBIDTA declined owing to elevated commodity prices impacting raw material and power & fuel cost.

Margins 7.2% vs 12% YoY

However, on a sequential basis, margins remained stable from 7.3% in Q2 FY23 to 7.2% in Q3 FY23.

PAT 11.8 cr vs 19.1 cr; down 38%

Delta Corp

Net Revenue 273.37 Cr vs 247.22 cr YoY; up 11%

PAT 84.82 cr vs 70.38 cr YoY; up 20%

EBITDA 102.3 cr vs 107.2 cr YoY; down 5%

Margins 37.4% vs 43.4% YoY; down 600 bps

Hathway Cable

Rev at 478Cr vs 455Cr; down 5%

PAT at 28.8Cr vs 34Cr; down 15%

EBITDA 80.7 cr vs 101 cr; down 20%

Margins 16.8% vs 22.2%; down 640 bps

ICICI Prudential Life, YoY

Net Premium Earned 9780 cr vs 9344 cr

PAT at 221 cr vs 311 cr

Value of New Business for 9M-FY2023 was Rs 1710 cr, up 23.2% YoY

OPERATIONAL UPDATES- Q3FY23

Adani Transmission

Transmission Biz:

Operated transmission lines upwards of 99.75%

Added 371 ckms in Q3FY23 to operational network with total network at 18,795 ckms & operationalised 3500 MVA capacity with total capacity at 40,001 MVA

During the quarter Jam Khambhaliya Tansco (JKTL) & WRSS XXI (A) Transco lines were fully commissioned

Distirbution Utility Biz:

4% YoY growth – units sold 2,165 million units vs. 2,077 million units last year on account of uptick in energy demand

Maintained supply reliability (ASAI) of more than 99.9%

Distribution loss improving consistently and stands at 5.34% in Q3FY23 vs. 6.53% in Q3FY22

Landmark Cards

Total Revenue from Operations (Including Agency Sales) for 9M FY23 stood at 3384 cr; up 41.3% YoY

Vehical sales up 44% YoY for 9M period FY23

After sales service up 30% YoY for 9M period FY23

Co reported Strong revenue growth,

With multiple tailwinds in the form of rising income levels, new models launches by our partner OEM (Original Equipment Manufacturer)

and changing lifestyle preferences leaning towards a rise in premium/luxury automobile ownership

CORPORATE ANNOUNCEMENT

ITC

Company has signed a Binding Term Sheet on 16th January, 2023, to acquire 100% of the share capital (on a fully diluted basis) of Sproutlife Foods Private Limited, an Indian company primarily engaged in the business of manufacture and sale of food products under the trademark ‘Yoga Bar’

RVNL

Rail Vikas Nigam Limited emerges as the Lowest Bidder (L1) for –

Surat Metro Rail Project Phase-I. (Cost Rs. 673.8 Crores)

Ahmedabad Metro Rail Project Phase-II (Cost Rs. 384.3 Crores.)

Eid Parry

New 120 KLPD distillery of the Company at its sugar unit at Sankili, Andhra Pradesh,

(which has the flexibility to operate with multiple feedstocks .i.e., molasses/cane juice & syrup/grain based)

has commenced commercial operations with effect from today, i.e. 1th January, 2023.

LIC

LIC’s shareholding in Coforge has increased from 4.976% to 5.033% of the paidup capital of the said Company.

Via: Open Market Purchase

REC

After receipt of consideration comprising of professional fees of Bid Process Coordination, interest cost and reimbursement of expenditure incurred on the project

by REC Power Development & Consultancy Limited (RECPDCL), wholly owned subsidiary of REC,

the entire shareholding of WRSR Power Transmission Limited, presently held by RECPDCL,

has been transferred at par value along with all its assets and liabilities on January 17, 2023

to MI s Adani Transmission Limited, the successful bidder selected

through tariff based competitive bidding process

to establish “ISTS Network Expansion scheme in Western Region & Southern Region for export of surplus power during high RE scenario in Southern Region.”

Hence, with effect from the aforesaid date, the above project specific SPY is not a subsidiary of RECPDCL & REC.

FROM AGENCIES

Sugar Hits Year High on Uncertain India Exports, Better Demand India’s Maharashtra enters US$2.5 billion partnership for EV battery-swapping stations

Wheels India begins export of Flow Form Cast Alloy Wheels to U.S.

India Ministry Issues Allocation Orders To Three Coal Mines

India: Mines With 3.7m Ton/Y Capacity; Rev Potential Inr4.08b/Y

India: CCI Approves Acquisition Of Gati Limited By Allcargo Logistics Limited

INSIDER TRADE

Category

Number of shares

Mode

PATEL ENGINEERING LTD.-$

Promoter

3900000

Pledged

IIFL Wealth Management Ltd

Connected Person

30000

Sold

AJANTA PHARMA LTD.

Promoter

820000

Pledge Released

AU Small Finance Bank Ltd

Director

1800000

Pledge Revoked

ANALYST MEETS

M&M

Jan 30 at 6:30 pm

Hindustan Aeronautics

19 Jan at 2 PM

Indoco Remedies

To be held on Tuesday, 24th January, 2023 at 03:30 P.M. IST.

On Wednesday, January 25, 2023 at 16.30 hours IST

Onward Technologies Limited

On Monday, 23rd January, 2023 at 04:00 p.m. IST

ICICI Securities

At 7.00 p.m. (IST) on January 19, 2023, to discuss financial results of the Company

Delta Corp

Call to be held on 18th January, 2023.



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