Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

#ResearchReport Power Grid- Transmission sector to grow 8-9% over the next 10 years. Read report-

13/11/2019 03:05:30 PM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Sanghi Industries Q2 net profit Rs99.8cr (7.2% YoY) EBITDA Rs154.6cr (up 9.5% YoY), EBITDA margin 18% vs 13.3% and Income Rs857cr (down 5.6%). #MOMarketUpdates

13/11/2019 08:58:48 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Adani Ports Q2 reported consolidated net profit Rs1050cr (up 73% YoY) - Bloomberg expectation Rs975cr, EBITDA margin 46.5% other income Rs506cr vs Rs314cr and Income Rs2820cr (up 8.2% YoY) - Bloomberg expectation Rs2870cr. #MOMarketUpdates

13/11/2019 08:57:41 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Mahanagar Gas reported Q2 EBITDA/scm came in line with est. at INR9.9 (+22% YoY, -3% QoQ) – expectation10 , with reported EBITDA at INR2.7b (+23% YoY, flat QoQ) – expectation 2.83bn. PBT stood at INR2.6b (up 3% YoY) – expectation Rs2.64bn. #MOMarketUpdates

13/11/2019 08:56:25 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Balmer Lawrie approved bonus shares of 1 free share for two every share held. #MOMarketUpdates

13/11/2019 08:54:40 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Piramal Enterprises - The rating on Rs 1,900 crore worth of outstanding NCD issued by AASAN Corporate Solutions was downgraded to A- from A+ by rating agency ICRA. #MOMarketUpdates

13/11/2019 08:54:00 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Alkem Labs reported Q2 net profit Rs371cr (up 45.7% YoY) - expectation Rs273cr, Ebitda margin 20% vs 18.9% (YoY) - expectation 18.5%, EBITDA Rs452.6cr (up 24% YoY) - expectation Rs383.5cr and income Rs2264 (up 18% YoY) - expectation Rs2073cr. #MOMarketUpdates

13/11/2019 08:52:30 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Tata Motors JLR October retail sales at 41866units (down 5.5% YoY). #MOMarketUpdates

13/11/2019 08:52:06 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Phoenix Mills reported revenue grew 3% YoY to INR4,151m (est. of INR4,497m) in 2QFY20. EBITDA margin expanded 180bp YoY to 50.8% (est. of 50.5%). EBITDA stood at INR2,108m (est. INR2,271m), up 6% YoY. PBT stood at INR915m (est. INR1,036m) up 24% YoY. #MOMarketUpdates

13/11/2019 08:50:37 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

InfoEdge reported Q2 Revenues at INR 3.17bn, +19.5% YoY [Est. INR 3.2bn], EBIDTA at INR 993mn, +20.3% YoY [Est. INR 1.05bn], Margins at 31.4%, +30bps YoY [Est. INR 32.9%] and PAT at INR 93mn [Est. INR 946mn]. #MOMarketUpdates

13/11/2019 08:43:31 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Lupin has entered into a definitive agreement for sale of its entire stake in Japanese subsidiary (Kyowa) to Unison (a private equity fund in Japan), for an enterprise value of JPY57.4b (USD526m). The transaction is at ~2x EV/sales. #MOMarketUpdates

13/11/2019 08:43:06 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Coal India - Q2 Revenue down 7% YoY to INR203.8b (est. : INR191b) on lower volumes. Sales volumes down 11% YoY to 122mt; Production down 13% YoY to 104mt. Adj. EBITDA (ex-OBR) down 17% YoY to INR42.4b (est. INR36.6b). #MOMarketUpdates

13/11/2019 08:42:32 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Britannia reported Q2 PBT net profit Rs500cr (up 9% YoY) – expectation Rs480cr, EBITDA margin highest ever at 16.1% vs 15.8%, EBITDA Rs492cr (up 8.3% YoY) and income 3050cr n(up 6.3% YoY) – expectation Rs3099cr. Volume Growth 3% - expectation 4%. #MOMarketUpdates

13/11/2019 08:40:23 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

NMDC announced Q2 Adj. EBITDA was down 39% QoQ to INR11.7b (11% below est. INR13.1b) on the back of lower export volumes at 0.52mt (v/s est. 0.7mt). PBT declined 40% QoQ to INR11.9b while Adj. PAT declined 40% QoQ to INR8.2b (14% miss). #MOMarketUpdates

13/11/2019 08:35:38 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Hindalco India Q2 (standalone + Utkal) EBITDA declined 4% QoQ (-37% YoY) to INR11b (our estimate: INR11.4b) due to reduced LME prices, partly offset by lower costs. Adj. PAT increased 5% QoQ (-73% YoY) to INR2.0b (our estimate: INR2.2b). #MOMarketUpdates

13/11/2019 08:34:43 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

On Monday, the market managed to close on a positive territory as buying interest came in the last half an hour. Nifty gained 5 points to close at 11913. Mid-cap & small-cap stocks witnessed fresh buying. #MOMarketUpdates

13/11/2019 08:33:20 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

China taking a long time to implement trade negotiation according to a media report. Both Nikkei and Hong Index declined 1% each after the news. SGX Nifty slipped 27 points or 0.2% as September IIP fell to over 7-year low and USDINR spiked to a 1-month high. #MOMarketUpdates

13/11/2019 08:30:55 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

Alkem Labs Q2 net profit 371cr (up 45.7% YoY) - expectation Rs273cr, Ebitda margin 20% vs 18.9% (YoY) - expectation 18.5%, EBITDA Rs452.6cr (up 24% YoY) - expectation Rs383.5cr and income Rs2264 (up 18% YoY) - expectation Rs2073cr. #MOMarketUpdates

11/11/2019 03:06:12 PM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

SBI Blue Chip Fund added Bandhan Bank to its investments and exited its position in Aurobindo Pharma in October, according to data analyzed by Bloomberg. The fund's disclosed holdings rose 1.1% in value to Rs225.4bn. #MOMarketUpdates

11/11/2019 09:24:24 AM     Share:    

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  Motilal Oswal Financial Services Ltd   

@MotilalOswalLtd

India’s GDP growth rate at 6.1% in 2019 and rising to 7% in 2020. "As India's potential growth rate remains unchanged, assessment by IMF and other multilateral organisations continue to underline a positive outlook on India," it said. #MOMarketUpdates

11/11/2019 09:23:54 AM     Share:    

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