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August 14, 2023

*Gravita India has been added to MSCI Small Cap Index, Reflecting Strong Performance and Potential*
*Gravita India, a global leader in recycling, has successfully been added to the MSCI India Small Cap Index.* This move highlights the company's outstanding performance and potential in the bigger market.
Being part of the index is likely to make *Gravita more visible and accessible to a wider range of investors from India and around the world.* The company's strong financials and strategic activities played a big role in its inclusion.
All the plastics are polymer but all the polymers are not plastic which means plastic is a sub-division of polymer. Polymers are uniform molecules formed by small monomers and plastics are long-chain molecules formed by large monomers. Polymers can be either natural or synthetic but plastics are synthetic materials.
India's Decade of Transformation:
Corporate Debt as % of GDP
2015- 65%
2023- 50%
Foreign Direct Investment:
2013- $22 B
2023- $46B
Mutual Fund Investment:
2013- $100 B
2023- $500 B
Electrified Railways:
2013- 4,100 kms
2023- 28,100 kms
Corporate Tax Rate:
2013- 33.9%
2023- 22%
RBI CPI Inflation:
2013- 10%
2022- 4.7%
Direct Benefit Transfer:
2013- $0.89 B
2023- $32 B
Highways:
2014- 25,700 kms
2023- 53,700 kms
Digital Transaction as % of GDP
2016- 4.4%
2023- 76.1%
Source: Morgan Stanley Report.
*India Daybook – Stocks in News*
*Camlin FIne:* Net profit at Rs 15.6 cr vs Rs 5.9 cr, Revenue at Rs 420.0 cr vs Rs 383.7 cr (YoY) (Positive)
*HEG:* Net profit at Rs 139.0 cr vs Rs 99.7 cr, Revenue at Rs 671.0 cr vs Rs 616.0 cr (YoY) (Positive)
*FM Goetze:* Net profit at Rs 30 cr vs Rs 20 cr, Revenue at Rs 411 cr vs Rs 402 cr (YoY) (Positive)
*ISGEC:* Net profit at Rs 50.7 cr vs Rs 17.8 cr, Revenue at Rs 1386.0 cr vs Rs 1246.0 cr (YoY) (Positive)
*Hindustan Foods:* Net profit at Rs 23.4 cr vs Rs 14.9 cr, Revenue at Rs 619.0 cr vs Rs 598.0 cr (YoY) (Positive)
*Jamna Auto:* Net profit at Rs 45.6 cr vs Rs 37.4 cr, Revenue at Rs 575.0 cr vs Rs 548.0 cr (YoY) (Positive)
*KDDL:* Net profit at Rs 33 cr vs Rs 18 cr, Revenue at Rs 332.0 cr vs Rs 247.0 cr (YoY) (Positive)
*Suprajit:* Net profit at Rs 33 cr vs Rs 27 cr, Revenue at Rs 680.0 cr vs Rs 645.0 cr (YoY) (Positive)
*RVNL:* Net profit at Rs 343 cr vs Rs 298 cr, Revenue at Rs 5572.0 cr vs Rs 4641.0 cr (YoY) (Positive)
*Marksans:* Net profit at Rs 68.6 cr vs Rs 59.7 cr, Revenue at Rs 500 cr vs Rs 433 cr (YoY) (Positive)
*GR Ship:* Net profit at Rs 76.7 cr vs Rs 50.1 cr, Revenue at Rs 756 cr vs Rs 580 cr (YoY) (Positive)
*Hercules:* Net profit at Rs 4.8 cr vs Rs 2.3 cr, Revenue at Rs 41 cr vs Rs 31 cr (YoY) (Positive)
*Sundaram FIn:* Net profit at Rs 375 cr vs Rs 245 cr, NII at Rs 569.0 cr vs Rs 507.0 cr (YoY) (Positive)
*Riddhi Siddhi Gluco:* Net profit at Rs 6.2 cr vs Rs 4.3 cr, Revenue at Rs 63.0 cr vs Rs 51.0 cr (YoY) (Positive)
*ABB:* Net profit at Rs 296 cr vs Rs 140 cr, Revenue at Rs 2508 cr vs Rs 2052 cr (YoY) (Positive)
*NIACL:* Net profit at Rs 260 cr vs Rs 118 cr, Net Premium written at Rs 9182 cr vs Rs 8041 cr (YoY) (Positive)
*NMDC:* Net Profit at Rs 1661.0 crore versus poll of Rs 1438.0 cr, Revenues at Rs 5395.0 crore versus poll of Rs 5198.0 cr (Positive)
*JSPL:* Net Profit at Rs 1682.0 crore versus poll of Rs 816.0 cr, Revenues at Rs 12588.0 crore versus poll of Rs 12771.0 cr (Positive)
*ACE:* Net profit at Rs 68 cr vs Rs 44 cr, Revenue at Rs 652 cr vs Rs 498 cr (YoY) (Positive)
*PFC:* Net profit at Rs 5982 cr vs Rs 4579 cr, Revenue at Rs 20815 cr vs Rs 18305 cr (YoY) (Positive)
*Advance Enzymes:* Net profit at Rs 293.8 cr vs Rs 175.8 cr, Revenue at Rs 1472 cr vs Rs 1211 cr (YoY) (Positive)
*Elgi Equipment:* Net profit at Rs 60.5 cr vs Rs 48.6 cr, Revenue at Rs 723 cr vs Rs 693 cr (YoY) (Positive)
*BPL:* Net profit at Rs 2.55 cr vs Rs 1.19 cr, Revenue at Rs 14.45 cr vs Rs 12.14 cr (YoY) (Positive)
*Texmo Pipes:* Net profit at Rs 7.94 cr vs Rs 0.5 cr, Revenue at Rs 239.3 cr vs Rs 190.3 cr (YoY) (Positive)
*Finolex Cables:* Net profit at Rs 132 cr vs Rs 95 cr, Revenue at Rs 1204 cr vs Rs 1015 cr (YoY) (Positive)
*TNPL:* Net profit at Rs 128 cr vs Rs 62 cr, Revenue at Rs 1250 cr vs Rs 1111 cr (YoY) (Positive)
*Trigyn:* Net profit at Rs 12.1 cr vs Rs 5.9 cr, Revenue at Rs 322 cr vs Rs 285 cr (YoY) (Positive)
*Sterling and Wilson Renewable:* Company bags Rs 1,130 crore order for solar project. (Positive)
*Surya Rosni:* Company has obtained orders amounted to Rs 71.16 crore (Positive)
*Asian Energy:* Company has received Callout Order from Vedanta with value of Rs 40.9 crore (Positive)
*Uno Minda:* Arm Uno Minda Buehler Motor commissions EV systems plant in Bawal, Haryana (Positive)
*CarTrade Tech:* Acquires OLX India’s Classified and Auto Business in India (Positive)
*Lupin:* US FDA clears Lupin’s unit-2 mfg facility in Mandideep, India, US FDA completes GMP inspection of Mandideep unit-2 with no observations (Positive)
*Divgi Torq:* Company has been awarded a new program from a domestic customer to supply 4WD solutions with an aggregate Life Cycle Revenue of Rs 320 crores to our order book. (Positive)
*ITC:* Shareholders gave approval for re-appointment of Sanjiv Puri as MD & Chairman of ITC for five years with effect from July 22, 2024. (Positive)
*Amara Raja:* Net profit at Rs 192.0 cr vs Rs 132.0 cr, Revenue at Rs 2795 cr vs Rs 2620 cr (YoY) (Neutral)
*Galaxy Surf:* Net profit at Rs 75.0 cr vs Rs 110.0 cr, Revenue at Rs 942 cr vs Rs 1162 cr (YoY) (Neutral)
*Eveready:* Net profit at Rs 25.0 cr vs Rs 22.0 cr, Revenue at Rs 363 cr vs Rs 335 cr (YoY) (Neutral)
*Muthoot Fin:* Net profit up 21.6% at Rs 975.1 cr vs Rs 802 cr, NII up 23.8% at Rs 1,934.9 cr vs Rs 1,562.3 cr (YoY) (Neutral)
*Star Paper:* Net profit at Rs 19.0 cr vs Rs 15.0 cr, Revenue at Rs 123 cr vs Rs 119 cr (YoY) (Neutral)
*Kalyani Forge:* Net profit at Rs 1.0 cr vs Rs 1.2 cr, Revenue at Rs 59.3 cr vs Rs 58.6 cr (YoY) (Neutral)
*Archean Chem:* Net profit at Rs 93.9 cr vs Rs 84.4 cr, Revenue at Rs 343.0 cr vs Rs 400.0 cr (YoY) (Neutral)
*Crompton Greaves:* Net profit at Rs 118.4 cr vs Rs 121.0 cr, Revenue at Rs 1876.0 cr vs Rs 1863.0 cr (YoY) (Neutral)
*PTC India:* Net profit at Rs 130.0 cr vs Rs 117.0 cr, Revenue at Rs 4848.0 cr vs Rs 4308.0 cr (YoY) (Neutral)
*TFCIL:* Net profit at Rs 24.4 cr vs Rs 24.9 cr, Revenue at Rs 59.2 cr vs Rs 62.8 cr (YoY) (Neutral)
*Vatech Wabag:* Net profit at Rs 50.0 cr vs Rs 30.0 cr, Revenue at Rs 552.0 cr vs Rs 632.0 cr (YoY) (Neutral)
*Tide Water:* Net profit at Rs 26.0 cr vs Rs 23.0 cr, Revenue at Rs 383.0 cr vs Rs 349.0 cr (YoY) (Neutral)
*Antony Waste:* Net profit at Rs 18.3 cr vs Rs 23.2 cr, Revenue at Rs 222 cr vs Rs 235 cr (YoY) (Neutral)
*Sun TV:* Net profit at Rs 592.0 cr vs Rs 494.0 cr, Revenue at Rs 1349 cr vs Rs 840 cr (QoQ) (Neutral)
*NHPC:* Net profit at Rs 1053.0 cr vs Rs 1049.0 cr, Revenue at Rs 2570 cr vs Rs 2490 cr (QoQ) (Neutral)
*Shalimar Paints:* Net loss at Rs 10.2 cr vs Rs 9.6 cr, Revenue at Rs 125.0 cr vs Rs 110.0 cr (YoY) (Neutral)
*Glenmark:* Net Profit at Rs 150.0 crore versus Rs 192 crore, Revenues at Rs 3402.0 crore versus Rs 2777.0 cr (Neutral)
*Liberty Shoe:* Net Profit at Rs 3.3 crore versus Rs 5.4 crore, Revenues at Rs 143.0 crore versus Rs 161.0 cr (Neutral)
*PFizer:* Net Profit at Rs 93.5 crore versus Rs 32.5 crore, Revenues at Rs 531.0 crore versus Rs 592.0 cr (Neutral)
*IRFC:* Net profit at Rs 1556 cr vs Rs 1661 cr, Revenue at Rs 6679.0 cr vs Rs 5627.0 cr (YoY) (Neutral)
*Ramco Ind:* Net profit at Rs 39.5 cr vs Rs 60.6 cr, Revenue at Rs 487.0 cr vs Rs 498.0 cr (YoY) (Neutral)
*MMTC:* Net profit at Rs 50.6 cr vs Rs 77.0 cr, Revenue at Rs 179.0 cr vs Rs 196.0 cr (YoY) (Neutral)
*Astral:* Net profit at Rs 120 cr vs Rs 88 cr, Revenue at Rs 1283.0 cr vs Rs 1213.0 cr (YoY) (Neutral)
*Rico Auto:* Net profit at Rs 8.5 cr vs Rs 12.0 cr, Revenue at Rs 426.0 cr vs Rs 469.0 cr (YoY) (Neutral)
*JK Cement:* Net profit at Rs 115 cr vs Rs 163 cr, Revenue at Rs 2763.0 cr vs Rs 2272.0 cr (YoY) (Neutral)
*Eveready:* Net profit at Rs 24.9 cr vs Rs 21.9 cr, Revenue at Rs 364.0 cr vs Rs 335.0 cr (YoY) (Neutral)
*ONGC:* Net Profit at Rs 10015.0 crore versus poll of Rs 8290.0 cr, Revenues at Rs 33814.0 crore versus poll of Rs 31933.0 cr (Neutral)
*Voltas:* Net profit at Rs 129.0 cr vs Rs 108.8 cr, Revenue at Rs 3335.0 cr vs Rs 2741.0 cr (YoY) (Neutral)
*Timken:* Company to shut Jamshedpur plant from August 25-September 3, 2023 on low demand (Neutral)
*HDFC Bank:* CEO Sashidhar Jagdishan Flags Funding Risk Post-Merger, Expects Results to Be Hit By Net Interest Margins (Neutral)
*Adani Ports:* Confirms the resignation of Deloitte as an Auditor and appoints MSKA & Associates Chartered Accountants (Negative)
*Shakti Pumps:* Net profit at Rs 1.0 cr vs Rs 8.7 cr, Revenue at Rs 113.0 cr vs Rs 254.0 cr (YoY) (Negative)
*Capacite:* Net profit at Rs 19.0 cr vs Rs 28.0 cr, Revenue at Rs 430.0 cr vs Rs 477.0 cr (YoY) (Negative)
*Sunflag:* Net profit at Rs 25.3 cr vs Rs 920.0 cr, Revenue at Rs 784.0 cr vs Rs 896.0 cr (YoY) (Negative)
*Jai Corp:* Net profit at Rs 5.5 cr vs Rs 14.2 cr, Revenue at Rs 115.0 cr vs Rs 195.0 cr (YoY) (Negative)
*Rupa:* Net profit at Rs 4.2 cr vs Rs 18.9 cr, Revenue at Rs 194.0 cr vs Rs 405.0 cr (YoY) (Negative)
*Patanjali Foods:* Net profit at Rs 87.7 cr vs Rs 241.0 cr, Revenue at Rs 7767.0 cr vs Rs 7211.0 cr (YoY) (Negative)
*Tarsons:* Net profit at Rs 9.6 cr vs Rs 22.8 cr, Revenue at Rs 63.0 cr vs Rs 82.0 cr (YoY) (Negative)
*NALCO:* Net profit at Rs 333.8 cr vs Rs 558.0 cr, Revenue at Rs 3178.0 cr vs Rs 3795.0 cr (YoY) (Negative)
*Excel Ind:* Net profit at Rs 6.0 cr vs Rs 37.0 cr, Revenue at Rs 214.0 cr vs Rs 329.0 cr (YoY) (Negative)
*TCNS:* Net loss at Rs 37.0 cr vs profit Rs 2.4 cr, Revenue at Rs 244.0 cr vs Rs 276.0 cr (YoY) (Negative)
*DB Real:* Net loss at Rs 25.9 cr vs profit Rs 8.4 cr, Revenue at Rs 8.7 cr vs Rs 29.14 cr (YoY) (Negative)
*ITI:* Net loss at Rs 102.8 cr vs Rs 99.7 cr, Revenue at Rs 157.0 cr vs Rs 166.0 cr (YoY) (Negative)
*GE Power:* Net loss at Rs 136.0 cr vs Rs 59.0 cr, Revenue at Rs 424.0 cr vs Rs 491.0 cr (YoY) (Negative)
*Max India:* Net loss at Rs 12.2 cr vs Rs 4.1 cr, Revenue at Rs 40.7 cr vs Rs 43.6 cr (YoY) (Negative)
*Eros Int:* Net loss at Rs 111.8 cr vs Rs 26.2 cr, Revenue at Rs 6.5 cr vs Rs 36.5 cr (YoY) (Negative)
*Atul Auto:* Net loss at Rs 9.0 cr vs Rs 3.6 cr, Revenue at Rs 59.7 cr vs Rs 106.7 cr (YoY) (Negative)
*Purvankara:* Net loss at Rs 17.8 cr vs profit Rs 34.0 cr, Revenue at Rs 323 cr vs Rs 214.0 cr (YoY) (Negative)
*CUB:* Net profit up 1% at Rs 227.3 cr vs Rs 225.1 cr (YoY) Gross NPA at 4.91% vs 4.37% (QoQ) (Negative)
*3 Dividend payments to be credited from August 14 to eligible shareholders.*
1. HDFC Bank : Rs 19/- Dividend. Credit expected On/ after August 14.
2. ITC: Rs 9.50/- Dividend. Credit Between August 14 - 17.
3. Tata motors: Rs 2/-. TaMo DVR: Rs 2.1/-. Credit Aug 14 onwards.

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