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April 28, 2022

? *STOCKS TO WATCH:* BAJAJ AUTO, CHENNAI PETRO, PERSISTENT SYSTEMS, MAHINDRA LIFE, HUL, HDFC AMC, PB FINTECH, TRENT, IEX, SUPREME PETRO, INDIAN HOTELS, KOHINOOR FOODS
Bajaj Auto: Q4 Sl Net Profit 14.69b Rupees Vs 13.32b (YoY); Est 10.2b | 12.14b (QoQ) Q4 Revenue 79.75b Rupees Vs 85.96b (YoY); 90.22b (QoQ) Co Recommended A Dividend Of Rupees 140 Per Share
Chennai Petroleum Corp: Q4 Sl Net Profit 9.94b Rupees Vs 2.32b (YoY); 2.29b (QoQ) Q4 Revenue 209.97b Rupees Vs 147.05b (YoY); 135.92b (QoQ) Co Recommended Final Dividend Of Rupees 2 Per Share
Persistent Systems: Q4 Cons Net Profit 2.01b Rupees Vs 1.76b (QoQ); Est 1.84b |1.38b (YoY) Q4 Revenue 16.38b Rupees Vs 14.92b (QoQ); 11.13b (YoY) Co Recommended A Final Dividend Of Rupees 11 Per Equity Share
Mahindra Lifespace Developers: Q4 Cons Net Profit 1.37b Rupees Vs Loss 276m (YoY); Est Profit 320m | Profit 250m (QoQ) Q4 Revenue 1.62b Rupees Vs 559.9m (YoY); 243m (QoQ) Co Recommended Dividend Of Rupees 2 Per Share
HUL: Q4 Cons Net Profit 23.04b Rupees Vs 21.9b (YoY); 23b (QoQ) Q4 Revenue 135b Rupees Vs 122b (YoY); 132b (QoQ) Co Recommended A Final Dividend Of Rupees 19 Per Share
HDFC AMC: Q4 Sl Net Profit 3.44b Rupees Vs 3.2b (YoY); Est 3.5b | 3.6b (QoQ) Q4 Revenue 5.16b Rupees Vs 5.03b (YoY); 5.5b (QoQ) Co Recommended A Dividend Of Rupees 42 Per Equity Share
PB Fintech: Co Says Further Invested 4.5b Rupees In Unit Policybazaar Insurance Brokers
Trent: Q4 Sl Net Profit 749m Rupees Vs 569m (YoY); Est 570m | 1.33b (QoQ) Q4 Revenue 11.85b Rupees Vs 7.74b (YoY); 13.48b (QoQ) Co Recommended A Final Dividend Of Rupees 1.10 Per Equity Share
IEX: Q4 Sl Net Profit 809m Rupees Vs 638m (YoY); Est 793m |799.1m (QoQ) Q4 Revenue 1.12b Rupees Vs 950m (YoY); 1.14b (QoQ) Co Recommended Final Dividend Of Rupees 1 Per Share
Supreme Petrochem: Q4 Sl Net Profit 2.25b Rupees Vs 2.32b (YoY); Est 2.4b | 1.65b (QoQ) Q4 Revenue 15.07b Rupees Vs 12.76b (YoY); 13.04b (QoQ) Co Recommended Final Dividend Of Rupees 14 Per Share
Indian Hotels: Q4 Cons Net Profit 742m Rupees Vs Loss 913m (YoY); Est 1b | Profit 760.1m (QoQ) || Q4 Revenue 8.72b Rupees Vs 6.15b (YoY); 11.11b (QoQ)
Kohinoor Foods: Co Approves Rights Issue Of Up To 495m Rupees
• India Boosts Subsidies on Potash and Phosphates to Help Farmers
• Modi Urges Provinces to Cut Fuel Taxes to Ease Consumer Burden
• Modi Urges Covid Jabs for Kids, Tracking Variants as Cases Rise
• Unilever India Beats Profit Estimate With ‘Calibrated’ Hikes
• India’s Biggest IPO Said to Attract Norway Wealth Fund, GIC
o India Slashes Biggest IPO by 60% in Choppy Stock Market
• Heatwave Conditions to Continue Over Most of India for 5 Days
• India Didn’t Get Any Adverse Observation in FAA Audit: Official
• Axis Bank to Report Results; Shares up 12.8% YTD: Preview
• Vedanta to Report Results; Shares up 19.5% YTD: Preview
• OIL DEMAND MONITOR: Summer Driving Season Set for a Tepid Start
• Global Funds Sell Net INR40.6B of India Stocks Wednesday: NSE
o Domestic funds buy net 19.2b rupees of stocks
• Foreign Investors Buy Net INR1.04B of Indian Equities on Tuesday
• Foreigners Buy Net INR54.4B Indian Equity Derivatives Wednesday
• Indonesia Adds to Global Food Shock With Widened Palm Export Ban
• Germany Ready to Support EU Ban on Russian Oil If It’s Gradual
• A Powerful Dynasty Bankrupted Sri Lanka in Just 30 Months
• Sanctions can have unintended consequences in interconnected world: Sitharaman: PTI
• BPCL, HPCL walk away with city gas licenses in latest bid round: PTI
• Jaishankar to visit Bangladesh, Bhutan from April 28-30: PTI
• Maharashtra govt may discuss VAT, fuel prices in April 28 cabinet meeting: PTI
• Adani Enterprises (ADE): Incorporates Unit AMG Media Networks
• Bajaj Auto (BJAUT): 4Q Net Income 14.7B Rupees Vs. 13.3B Rupees Y/y; Revenue -7.3% Y/y to 79.7b; Dividend per share 140 rupees
• HDFC AMC (HDFCAMC): 4Q Net Income +9% Y/y to 3.44b rupees, Est. 3.46b; Revenue 2.6% Y/y to 5.16b
• Hindustan Unilever (HUVR): 4Q Net Income +9% Y/y to 23.3b Rupees, Beats Est. 22b; Revenue +10% Y/y to 131.9b; Dividend per share 19 rupees
• IDFC First Bank (IDFCFB): To Consider Fund Raising via debt on April 30
• Indian Energy Exchange (IEX): 4Q Net Income +27% Y/y to 808.8m rupees, +27% y/y, estimate 795 million Beats Estimates
• Indian Hotels (IH): 4Q Net Income 741.9m rupees vs. loss 913m y/y, misses est. 1.05b; Revenue +42% Y/y to 8.72b
• Oil & Natural Gas Corp (ONGC): Signs MoU with Norway’s Equinor on E&P, Clean Energy
• Persistent Systems (PSYS): 4Q Net Income +45% Y/y to 2b rupees, beats est. 1.86b; Revenue +47% Y/y to 16.4b
• Tata Consumer (TATACONS): Says LIC Stake in Co. Crosses 5% After 136,093 Shares buy
• Trent (TRENT): 4Q Net Income +32% Y/y to 748.7m, Beats Est. 576m; Revenue +54% Y/y to 1.9b
? *Earnings Today:* Agro Tech, Ambuja Cements, Axis Bank, Bajaj Finserv, Bajaj Holdings, Biocon, Coromandel Intl, Datamatics Global, Embassy Office, IIFL Finance, Indiamart, Indo Rama, Kirloskar Pneum, Laurus Labs, Motilal Oswal, Mphasis, P&G, PNB Hsg, SBI Life, Shoppers Stop, Shriram Transport, Sterlite Tech, Varun Beverages, Vedanta

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