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Get the latest Indian stock / share market highlights, BSE/NSE stock news, business research reports & details - updated daily by Money Times.

January 30, 2025

#FED HOLDS BENCHMARK RATE IN 4.25%-4.5% TARGET RANGE - BBG
*FED: UNEMPLOYMENT 'STABILIZED,' LABOR MARKET REMAINS 'SOLID'
*FED REMOVES REFERENCE TO INFLATION MAKING PROGRESS TOWARD GOAL
*FED MAINTAINS ROLLOFF CAP OF $25B FOR TREASURIES, $35B FOR MBS
India Daybook – Stocks in News*
Brigade: Net profit at Rs 236.2 cr vs Rs 73.5 cr, Revenue at Rs 1,463.9 cr vs Rs 1,173.8 cr (YoY) (Positive)
Chalet: Net profit at Rs 96.5 cr vs Rs 70.6 cr, Revenue at Rs 457.8 cr vs Rs 373.7 cr (YoY) (Positive)
Gabriel: Net profit at Rs 60 cr vs Rs 41 cr, Revenue at Rs. 1016 cr vs Rs 815 cr (YoY) (Positive)
Suditi Ind: Net profit at Rs 1.3 cr vs loss Rs 1.8 cr, Revenue at Rs. 22 cr vs Rs 15 cr (YoY) (Positive)
Ramratna Wire: Net profit at Rs 18.3 cr vs Rs 11.7 cr, Revenue at Rs. 888 cr vs Rs 698 cr (YoY) (Positive)
Hitachi Energy: Net profit at Rs 137 cr vs Rs 52 cr, Revenue at Rs. 1620 cr vs Rs 1554 cr (YoY) (Positive)
Samhi Hotel: Net profit at Rs 22.7 cr vs loss of Rs 236.4 cr, Revenue at Rs 295.7 cr vs Rs 267.8 cr (YoY) (Positive)
CAMS: Net profit at Rs 124 cr vs Rs 89 cr, Revenue at Rs. 370 cr vs Rs 290 cr (YoY) (Positive)
Tamiland Mercantile: Net profit at Rs 302. cr vs Rs 284.2 cr, NII at Rs. 570.4 cr vs Rs 537 cr (YoY) (Positive)
Ask Automotive: Net profit at Rs 65.9 cr vs Rs 49.9 cr, Revenue at Rs. 915 cr vs Rs 761.7 cr (YoY) (Positive)
Blue Star: Net profit at Rs 132.5 cr vs Rs 100.5 cr, Revenue at Rs. 2807 cr vs Rs 2241 cr (YoY) (Positive)
Arvind Smart: Net profit at Rs 50 cr vs Rs 12 cr, Revenue at Rs. 210 cr vs Rs 84 cr (YoY) (Positive)
SRF: Net profit at Rs 271.0 crore versus poll of Rs 239.0 crore, Revenue at Rs 3491 crore versus poll of Rs 3387 crore (Positive)
Allied blenders: Net profit at Rs 57.5 cr vs loss Rs 4.4 cr, Revenue at Rs. 974 cr, up 8.8 percent (YoY) (Positive)
Suditi Ind: Net profit at Rs 1.3 cr vs loss Rs 1.8 cr, Revenue at Rs. 22 cr vs Rs 15 cr (YoY) (Positive)
Raymond: Net profit at Rs 72.3 crore versus Rs 41.3 crore, Revenue at Rs 954 crore versus Rs 678 crore (Positive)
Sona BLW: Company signs MoU with the ePlane company to develop powertrain for eVTOLs and drones (Positive)
GRSE/Apollo Micro: Garden Reach Shipbuilders and Apollo Micro Signed MoU for Joint Development and Supply of Advanced Weapons and Electronic Systems. (Positive)
Afcons: Company gets LoA for project worth Rs 1,283 cr from Hindustan Gateway Container Terminal Kandla. (Positive)
G R Infraprojects: Company has been emerged as L-1 bidder for the project worth of Rs 262.3 crore for Gauge conversion of 38.900 kms track (Positive)
GMDC: Company has signed a 40-year agreement with JK Cement to supply 250 million tons of limestone (Positive)
Azad Engineering: Company has signed a long-term Contract & Price Agreement with Siemens Energy Global GmbH& Co. KG, for manufacturing and supply of mission critical components, including combustion commodities, cold blades & vanes, machined parts & assemblies. (Positive)
Granules: Vishakapatnam unit received EU GMP certification for APIs and Finished Dosages by Hungary's health authority. (Positive)
Archean Chemical: Subsidiary, SiCSem Pvt. Ltd., held a groundbreaking ceremony for a new Compound Semiconductor Facility in Odisha. (Positive)
Bajaj Fin: Net profit at Rs 4308.0 crore versus poll of Rs 4098.0 crore, NII at Rs 9382.0 crore versus poll of Rs 9336.0 crore (Neutral)
Tata Motors: Net profit at Rs 5451.0 crore versus poll of Rs 6547.0 crore, Revenue at Rs 1.14 lK crore versus poll of Rs 1.16 lK crore (Neutral)
Voltas: Net profit at Rs 131 cr versus poll of Rs 155 cr, Revenue at Rs 3,105 cr versus poll of Rs 3,015 cr (Neutral)
Rane Brake: Net profit at Rs 9.5 cr vs Rs 10.1 cr, Revenue at Rs. 185.3 cr vs Rs 164.3 cr (YoY) (Neutral)
Aarti Drugs: Net profit at Rs 37.1 cr vs Rs 36.7 cr, Revenue at Rs. 556.6 cr vs Rs 605.9 cr (YoY) (Neutral)
Capital Small Finance Bank: Net profit at Rs 34.1 cr vs Rs 28.9 cr, NII at Rs. 107.1 cr vs Rs 87.5 cr (YoY) (Neutral)
Blue Dart: Net profit down 8.9% at Rs 81 cr vs Rs 89 cr, Revenue up 9.3% at Rs 1,511.7 cr vs Rs 1,383 cr (YoY) (Neutral)
Fino Payment Bank: Net profit at Rs 23.1 cr vs Rs 22.8 cr, NII at Rs 23.7 cr vs Rs 17.6 cr (YoY)
(Neutral)
Eclerx: Net profit at ₹137 cr vs ₹138.6 cr, Revenue at ₹853.8 cr vs ₹752.7 cr (YoY) (Neutral)
Quess Corp: Net profit at ₹80.4 cr vs ₹63.8 cr, Revenue at ₹5,519 cr vs ₹4,841.8 cr (YoY) (Neutral)
Jindal Stainless: Net profit at Rs 654.3 cr vs Rs 692.3 cr, Revenue at Rs. 9907 cr vs Rs 9127 cr (YoY). (Neutral)
MAS Financial Services: Company has informed the Exchange that Record date for the purpose of Dividend is 05-Feb-2025. (Neutral)
Voltas: Board has approved appointment of Mukundan Menon as MD from Sept. 1 (Neutral)
Restaurant Brands Asia: Net loss at Rs 50.3 cr vs loss of Rs 36 cr, Revenue at Rs. 639 cr vs Rs 604 cr (YoY) (Negative)
J k Paper: Net profit at Rs 65.3 cr vs Rs 236.4 cr, Revenue at Rs. 1733 cr vs Rs 1781.7 cr (YoY) (Negative)
Whirlpool India: Parent co Whirlpool Corp announced its intention to sell down its ownership to 20% from 51% by 2025 mid (Negative)
Navigating the Opening Bell with Sbi Securities: 6 Key Technical and Derivative Insights
Nifty Extends Gains, But Is the Rally Sustainable?
1. Global Market:
On Wednesday, all three major US indices closed in the red after the Federal Reserve, as expected, kept interest rates unchanged in its first monetary policy meeting of 2025. The #Dow declined 0.31%, the #Nasdaq edged down 0.24%, and the S&P 500 finished 0.47% lower.
Going ahead, for S&P 500, the zone of 6080-6100 will act as an immediate hurdle. On the downside, the 20-day EMA zone of 6020-6000 will act as immediate support for the index.
#BrentOil slipped by nearly 1 percent on Wednesday. Going ahead, any sustainable move below the $75 level will lead to further selling pressure in the index upto the $73.80 level.
On Wednesday, the U.S. Dollar Index (#DXY) failed to sustain above its 20-day EMA level and thereafter witnessed a minor correction. Going ahead, the zone of 107-106.90 will act as a crucial support for the index.
2. Nifty View:
Nifty extended its pullback rally on Wednesday, closing positive for the second straight session. On the daily chart, it formed a bullish candle, while the daily RSI’s bullish crossover signals limited downside for now.
Notably, broader indices outshined the frontline benchmarks, with Nifty Midcap and Nifty Small Cap 100 forming sizeable bullish candles on the daily scale, reflecting strong momentum.
Going ahead, for Nifty, the zone of 23300-23330 will act as an immediate hurdle for the index. If the index surges above the level of 23330, then we may witness a sharp short-covering rally upto the level of 23500 in the short term.
On the downside, the zone of 23000-22970 will act as immediate support for the index.
On the #derivatives front, January #futures surged by 0.74 percent, while the combined #OpenInterest for the current, next, and far series also surged by 1.09 percent, which indicates an overall long build up.
Among the constituents of the #Nifty index, 18 stocks have witnessed a long build-up, and 23 stocks have witnessed a short covering rally. While 6 stocks have witnessed a short build-up, and 3 stocks have witnessed a long unwinding.
The 23200 strike has significant call open interest, followed by the 23300 strike. On the put side, 23100 has a substantial open interest, followed by a 23000 strike.
For the January monthly series, OI PCR is at 1.02.
Bank Nifty also ended on a positive note on Tuesday. Going ahead, the 20-day EMA zone of 49250-49300 will act as an immediate hurdle for the index. If the index sustains above the level of 49300, then we may witness a sharp short-covering rally. While, on the downside, the zone of 48800-48700 will act as immediate support for the index.
3. Sensex View:
The benchmark index #Sensex also ended on a positive note for the second consecutive trading session. The daily RSI has given a bullish crossover, which indicates a limited downside for now.
Going ahead, the zone of 76900-77000 will act as an immediate hurdle for the index. While, on the downside, 76100-76000 will act as crucial support for the index.
On the #derivative front, February weekly #futures surged by 0.67 percent, and the #OpenInterest of the current series has dipped by 6.48 percent, which indicates an overall short-covering rally.
The 77000 strike has significant call open interest, followed by the 77500 strike. On the put side, 76500 has a substantial open interest, followed by a 76000 strike.
For the February weekly series, OI PCR is at 0.89.
4. Key Market Indicators:
The volatility index, India #VIX, surged by over 2 percent on Wednesday. Also, it is trading above its short and long-term moving averages, which is a bullish sign. This indicates that overall market volatility has increased significantly ahead of major event, i.e. Union Budget.
The #Advance/Decline ratio was largely tilted in favor of advancers.
5. Key Sectors:
Technically, Nifty Private Bank and Nifty Financial Services are likely to outperform in the short term.
6. FII/DII Data:
#FIIs sold to the tune of 2586.43 cr. while #DIIs bought to the tune of 1792.71 cr.
FIIs' Long short ratio for index futures is at 24.84 as on a net basis, they bought 12496 index futures.
On the stock #futures front, FIIs have bought to the tune of 43431 contracts, while on the #Options Front, FIIs bought 217315 call contracts and bought 190796 Put Option contracts.
Alibaba releases AI model Qwen 2.5-Max says surpasses DeepSeek
https://www.reuters.com/technology/artificial-intelligence/alibaba-releases-ai-model-it-claims-surpasses-deepseek-v3-2025-01-29/
Via : https://t.me/BeatTheStreet10
MALPANI PIPE & FITTINGS IPO
Management Interview with BEAT THE STREET:
https://youtu.be/fnbrsMOO4wo
Issue Opens: 29th January 2025
Issue Closes: 31st January 2025
Price Band: ₹85 - ₹90
Issue Size: ₹25.92 Crores
Video Includes:
Journey of the Company
Product Portfolio, Manufacturing Capacity & Distribution
IPO Fund Utilisation
Financials & Vision of the company
BEAT THE STREET BULLETIN
Date: 29-Jan-2025
Telegram: [t.me/beatthestreet10]
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Q3 Updates
- JK Paper: Management cites low-cost imports impacting Paper & Board sales and profits, worsened by high wood costs. The company continues social forestry efforts, planting 11.28 Cr saplings across 76,615 acres in five states.
- Blue Dart: Q3 net profit down 9% YoY at ₹81 Cr; up 29% QoQ. Revenue up 9% YoY at ₹1,511 Cr. EBITDA up 12% YoY at ₹239 Cr. Margins at 15.85%. Approved 5-year renewal of aircraft, crew, maintenance, and insurance agreement with Blue Dart Aviation Ltd.
- Fino Payments: Q3 net profit up 1% YoY to ₹23.1 Cr, up 9% QoQ. NII up 36% YoY to ₹23.7 Cr, up 4% QoQ.
- 3i Infotech: Forensic audit report finds no new financial impact. The Board is considering legal action against former management.
- Eclerx: Q3 net profit down 2% QoQ at ₹137.1 Cr, down 1% YoY. Revenue up 3% QoQ at ₹853 Cr, up 13% YoY. Margins at 24.25%.
- RNFI Services: Bank of India renews Business Correspondent Services agreement for 3 years from 31-Jan-2025.
- Choice International: Q3 net profit down 34% QoQ at ₹30.73 Cr, down 24% YoY. Revenue down 15% QoQ at ₹209 Cr, up 1% YoY. Margins at 28.4%.
- GMR Power: Q3 net loss of ₹106 Cr vs. profit of ₹45 Cr YoY, profit of ₹255 Cr QoQ. Revenue up 46% YoY at ₹1,611 Cr. Margins at 21%.
- Granules India: Unit V facility in Anakapally, Visakhapatnam, received EU GMP certification for APIs and Finished Dosages after audit by Hungary's health authority.
- GR Infra: Wins ₹262 Cr order for track gauge conversion and associated works in the Kosamba-Umarpada section of Western Railways.
- Suryoday SFB: RBI supersedes Aviom India Housing Finance's Board, initiates bankruptcy proceedings. Aviom owes ₹11.66 Cr to Suryoday SFB.
- Bajaj Finance: FY26 guidance: PAT growth of 22%-23%, AUM growth of 25%. Credit cost at 2%, targeting 17 mn new customers by FY25 end.
- Allied Blenders: Q3 net profit of ₹57.4 Cr, reversing a loss of ₹4.42 Cr YoY. Revenue up 9% YoY at ₹974 Cr. EBITDA up 98% YoY at ₹117 Cr.
- SMC Global: Q3 net profit down 4% QoQ at ₹43.64 Cr, down 15% YoY. Revenue up 1% QoQ at ₹455 Cr, up 7% YoY. Declares ₹1.2 dividend.
- Denta Water: Large trade on NSE: Vijit Global Securities purchased 3,60,000 shares at ₹337.18/share.
- Avalon Tech: Large trade on NSE: Axis Mutual Fund bought 7.35 LKH shares at ₹621.00/share.
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Acquisitions & Investments
- JK Paper: Acquired QVPL, a profitable export-oriented leader in its category, offering a strategic growth opportunity.
- Allied Blenders: Approved acquisition of up to 51% stake in Good Barrel Distillery Private Limited for ₹9 Cr.
- Authum Infra: Signed agreement to acquire 2.01% equity in Welspun Michigan Engineers Limited for ₹23.5 Cr.
- Hatsun Agro: Completed acquisition of 98.14% of Milk Mantra Dairy Private Limited for ₹231.40 Cr.
- Aarti Drugs: Approved investment of ₹25 Cr in Pinnacle Life Science Private Limited, a wholly owned subsidiary, for expansion plans.
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Other Developments
- ITC Hotel: ETF stake sale of $200-250 million (~5.5-6% equity). BAT stake sale continues, with plans to sell at the right price.
- Tata Communications: Update on agreement for the sale of subsidiary Tata Communications Payment Solutions Limited (TCPSL); RBI has no objections.
- Rox Hitech: Incorporated a subsidiary in Denmark to explore international markets.
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Stay updated with Beat the Street
MALPANI PIPE & FITTINGS IPO
Management Interview with BEAT THE STREET:
https://youtu.be/fnbrsMOO4wo
Issue Opens: 29th January 2025
Issue Closes: 31st January 2025
Price Band: ₹85 - ₹90
Issue Size: ₹25.92 Crores
Video Includes:
Journey of the Company
Product Portfolio, Manufacturing Capacity & Distribution
IPO Fund Utilisation
Financials & Vision of the company
OpenAI Is Probing Whether DeepSeek Used Its Models to Train New Chatbot
https://www.wsj.com/tech/ai/openai-china-deepseek-chatgpt-probe-ce6b864e?st=fg2nfM
Silicon Valley-based company says Chinese entities have tried to exfiltrate data from its tools
Via BTS Telegram: https://t.me/BeatTheStreet10
3I INFOTECH Q3 :CONS NET PROFIT OF 40.6 CR V 29.4 CR LOSS (YOY), 4.31 CR LOSS (QOQ)
REVENUE DOWN 14 % AT 181 CR (YOY) ,UP 2 % (QOQ)
EBITDA OF 7.63 CR V 8.81 CR LOSS (YOY), UP 132 % (QOQ)
MARGINS AT 4.2 % V -4.16 % (YOY), 1.85 % (QOQ)
QUESS CORP Q3 :CONS NET PROFIT UP 33 % AT 85.6 CR (YOY), DOWN 9 % (QOQ)
REVENUE UP 14 % AT 5519 CR (YOY) ,UP 7 % (QOQ)
EBITDA UP 7 % AT 197 CR (YOY),UP 1%(QOQ)
MARGINS 3.57 % V 3.8 % (YOY), 3.78 % (QOQ)
K&R RAIL Q3 :CONS NET PROFIT UP 523 % AT 6.42 CR (YOY), UP 30 % (QOQ)
REVENUE UP 5 % AT 152 CR (YOY) ,DOWN 6 % (QOQ)
EBITDA UP 622 % AT 10.4 CR (YOY),UP 32 %(QOQ)
MARGINS AT 6.82 % V 1 % (YOY), 4.87 % (QOQ)
TATA COMM ; Update on Agreement for sale of subsidiary Tata Communications Payment Solutions Limited (TCPSL)
RBI has no objection to the transaction, subject to compliance with its guidelines.
The parties will now fulfill the SPA conditions precedent.
Allied Blenders and Distilleries
#ABDL
#AlliedBlenders
Solid Q3FY25
Rev at 2342cr vs 2074cr, Q2 at 2029cr
Solid margin expansion QoQ and YoY
EBITDA at 120cr vs 62cr, Q2 at 105cr
PBT at 80cr vs 1.6cr, Q2 at 64cr
PAT at 57cr vs -5cr, Q2 at 47cr
Solid QoQ uptick
ROX HITECH : Incorporation of subsidiary company at Denmark with effect from January 29, 2025.
The subsidiary will capitalize on international market growth, serving as the company's overseas arm to maximize opportunities and resources, aligned with the company's core business objectives.
HATSUN AGRO : Update on Acquisition of Shares of Milk Mantra Dairy Private Limited
On January 29, 2025, Hatsun Agro Product Limited (HAP) completed the acquisition of 7,613 equity shares Of Mantra Dairy for Rs. 0.32 Crores.
HAP has now purchased a total of 30,80,546 equity shares and 16,06,372 convertible preference shares for Rs. 231.40 Crores, representing 98.14% of the Target Company's equity and preference share capital.
AUTHUM INFRA : The company signed a Share Purchase Agreement on January 28, 2025, with Fornido Developers, Mr. Aayushman Nuwal, and Welspun Michigan Engineers Limited (WMEL) to acquire 34,802 equity shares of WMEL, representing 2.01% of its equity capital For Rs 23.5 Cr
WMEL is a technology based engineering, procurement and construction company with focus on solutions relating to urban infrastructure including underground infrastructure, water infrastructure and sewage infrastructure projects
ALLIED BLENDERS : Approved the acquisition of up to 51% stake in Good Barrel Distillery Private Limited For Rs 9 Cr, with an option to acquire the full share capital, and authorized the execution of related agreements.
This acquisition will involve acquiring upto 51% equity stake of Good Barrel linked to business milestones
https://t.me/BeatTheStreet10
AARTI DRUGS : Approved the investment in equity shares of Pinnacle Life Science Private Limited, wholly owned subsidiary of the Company, upto an aggregate value of INR 25 Cr by way of subscription to the Rights Issue.
The investment proceeds will be used by Pinnacle for financing the cost towards expansion/capex plan and other general corporate purpose.
https://t.me/BeatTheStreet10
AVALON TECH : TODAY'S LARGE TRADE NSE
HDFC FOCUSED 30 FUND SOLD 7.45 LKH SHARES (1.12 % STAKE ) @ ₹ 620.94 /SHARE
AXIS MUTUAL FUND BOUGHT 7.35 LKH SHARES (1.11 % STAKE ) @ ₹ 621.00/SHARE
DENTA WATER : TODAY'S LARGE TRADE NSE
VIJIT GLOBAL SECURITIES PRIVATE LIMITED BOUGHT 3,60,000 SHARES @ ₹ 337.18/SHARE
SMC GLOBAL Q3 : CONS. NET PROFIT DOWN 4 % AT 43.64 CR (QOQ) , DOWN 15 % (YOY)
REVENUE UP 1 % AT 455 CR (QOQ) , UP 7 % (YOY)
EBITDA DOWN 6 % AT 111 CR (QOQ) , DOWN 1 % (YOY)
MARGINS AT 24.5 % V 26.2 % (QOQ) , 26.4 % (YOY)
SMC GLOBAL ANNOUNCE RS 1.2 AS DIVIDEND
ALLIED BLENDERS Q3 :CONS NET PROFIT OF 57.4 CR V 4.42 CR LOSS (YOY), UP 21 % (QOQ)
NET REVENUE UP 9 % AT 974 CR (YOY) ,UP 12 % (QOQ)
EBITDA UP 98 % AT 117 CR (YOY),UP 12 %(QOQ)
MARGINS AT 12 % V 6.6 % (YOY), 12 % (QOQ)
BAJAJ FINANCE Q3 CONCALL
FY26 guidance
PAT growth of 22%-23%
AUM growth of 25%
Credit cost at 2%; provided Q4 is at 200-205bps
Lever available in terms of fee income & operating expenses
Risk followed by margin & then growth would be the priorities
Well on course to add 17 mn customers by FY25
On track to cross 100 mn customer franchise by FY25 end
Laid out a comprehensive 15 months succession plan; 12 months completed
Expect board to take a decision (on Rajiv Jain) by Q4FY25
Overhangs on ITC Hotel -
ETF stake sale of $200-250 million - nearly 5.5-6% of the equity
BAT stake sale - owns 15%
Had stated intention to sell at the right price
Domestic brokerage sales team says - ITC Hotel will be a good buy only below Rs 28000 cr MCAP
SURYODAY SFB : The RBI has superseded Aviom India Housing Finance's Board due to governance issues and payment defaults, initiating bankruptcy proceedings. Shri Ram Kumar, ex-Chief General Manager of Punjab National Bank, has been appointed Administrator.
Aviom owes Suryoday Small Finance Bank Rs. 11.66 Crore.
GR INFRA : WINS RS 262 CR ORDER
G R Infraprojects Limited is the L-1 bidder for the EPC project involving 38.9 km of track gauge conversion and associated works, including earthwork, bridges, buildings, and station amenities, in the Kosamba-Umarpada section of Western Railways.
GRANULES INDIA : Company’s Unit V facility in Anakapally, Visakhapatnam, India, received EU GMP certification for APIs and Finished Dosages after a November 2024 audit by Hungary's health authority.
It manufactures oncology and non-oncology products.
GMR POWER Q3 :CONS NET LOSS AT 106 CR V 45 CR PROFIT (YOY), 255 CR PROFIT (QOQ)
REVENUE UP 46 % AT 1611 CR (YOY) ,UP 16 % (QOQ)
EBITDA UP 15 % AT 339 CR (YOY),DOWN 17 %(QOQ)
MARGINS AT 21 % V 26.8 % (YOY), 29.55 % (QOQ)
CHOICE INT Q3 : CONS. NET PROFIT DOWN 34 % AT 30.73 CR (QOQ) , DOWN 24 % (YOY)
REVENUE DOWN 15 % AT 209 CR (QOQ) , UP 1% (YOY)
EBITDA DOWN 22 % AT 59.5 CR (QOQ) , DOWN 11 % (YOY)
MARGINS AT 28.4 % V 30.64 % (QOQ) , 32.2 % (YOY)
RNFI SERVICES: Bank of India at its sole discretion has decided to renew the Agreement for Business Correspondent Services with M/s RNFI Services Limited for a further period of 3 years effective from 31.01.2025 and valid up to 30.01.2028.
ECLERX Q3 : CONS. NET PROFIT DOWN 2 % AT 137.1 CR (QOQ) , DOWN 1 % (YOY)
REVENUE UP 3 % AT 853 CR (QOQ) , UP 13 % (YOY)
EBITDA DOWN 4 % AT 207 CR (QOQ) , FLAT % (YOY)
MARGINS AT 24.25 % V 25.85 % (QOQ) ,27.55 % (YOY)
3I INFOTECH : Update on Forensic Audit
Co. says report finds no new financial impact beyond what’s in the statements.
The Board is evaluating legal action against former management and others.
It remains committed to transparency and will update stock exchanges on significant developments.
Keeping the report confidential is crucial to protecting legal proceedings.
FINO PAYMENTS Q3 ST : NET PROFIT UP 1 % TO 23.1 CR YOY,UP 9 % QOQ
NII UP 36 % TO 23.7 CR YOY, UP 4 % QOQ
BLUE DART; Board Approved Renewal of Aircraft, Crew, Maintenance and Insurance Agreement (ACMI) with Blue Dart Aviation Ltd., Wholly Owned Subsidiary of the Company for a period of 5 years from April 1, 2025 to March 31, 2030.
FINO PAYMENTS Q3 ST : NET PROFIT UP 1 % TO 23.1 CR YOY,UP 9 % QOQ
NII UP 36 % TO 23.7 CR YOY, UP 4 % QOQ
Board Approved Renewal of Aircraft, Crew, Maintenance and Insurance Agreement (ACMI) with Blue Dart Aviation Ltd., Wholly Owned Subsidiary of the Company for a period of 5 years from April 1, 2025 to March 31, 2030.
BLUE DART Q3 :CONS NET PROFIT DOWN 9 % AT 81 CR (YOY), UP 29 % (QOQ)
REVENUE UP 9 % AT 1511 CR (YOY) ,UP 4 % (QOQ)
EBITDA UP 12 % AT 239 CR (YOY),UP 10 %(QOQ)
MARGINS AT 15.85 % V 15.4 % (YOY), 15.05 % (QOQ)
JK PAPER ON RECENT ACQUISITION
This is a strategic acquisition in a promising and rapidly developing industry segment and provides a new opportunity for the Company to grow. QVPL is a profitable export-oriented enterprise and a leader in its category.”
JK Paper Management Says Low-cost imports hurt Paper & Board sales and profits, worsened by high wood costs.
The company continues social forestry efforts, planting 11.28 Cr. saplings across 76,615 acres in five states.
MALPANI PIPE & FITTINGS IPO
Management Interview with BEAT THE STREET:
https://youtu.be/fnbrsMOO4wo
Issue Opens: 29th January 2025
Issue Closes: 31st January 2025
Price Band: ₹85 - ₹90
Issue Size: ₹25.92 Crores
Video Includes:
Journey of the Company
Product Portfolio, Manufacturing Capacity & Distribution
IPO Fund Utilisation
Financials & Vision of the company
BEAT THE STREET BULLETIN
Date: 29-Jan-2025
Telegram: [t.me/beatthestreet10]
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Q3 Updates
- Bajaj Finance: Q3 profit ₹4,307 Cr; GNPA at 1.12%.
- Indian Bank: Q3 profit ₹2,852 Cr (vs ₹2,112 Cr YoY); GNPA at 3.26%.
- Maruti Suzuki: Q3 profit ₹3,530 Cr (vs ₹3,130 Cr YoY); margins at 11.6%.
- Ambuja Cements: Q3 profit ₹1,758 Cr (vs ₹514 Cr YoY); margins at 12.4%.
- Deepak Fertilizers: Q3 profit ₹250 Cr (vs ₹60.5 Cr YoY); margins at 18.9%.
- Gujarat Fluorochemicals: Q3 profit ₹130 Cr (vs ₹80 Cr YoY); margins at 25.6%.
- Bluejet Healthcare: Q3 profit ₹99 Cr (vs ₹32 Cr YoY); margins at 39%.
- Radico Khaitan: Q3 profit ₹95.5 Cr (vs ₹75 Cr YoY); IMFL volume growth at 15.3%.
- Usha Martin: Q3 profit ₹92.5 Cr (vs ₹107 Cr YoY); margins at 16.6%.
- Indian Metals: Q3 profit ₹93 Cr (vs ₹109 Cr YoY); margins at 19.8%.
- JBM Auto: Q3 profit ₹52 Cr (vs ₹48.8 Cr YoY); margins at 12.5%.
- Craftsman Automation: Q3 profit ₹12.9 Cr (vs ₹73.1 Cr YoY); margins at 12.6%.
- MAS Financial: Q3 profit ₹80 Cr (vs ₹63 Cr YoY); AUM crossed ₹12,300 Cr.
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MALPANI PIPE & FITTINGS IPO
Management Interview with BEAT THE STREET:
https://youtu.be/fnbrsMOO4wo
Order Wins
- Triveni Turbine: Secured ₹290 Cr NTPC order for a CO2-based energy storage system.
- AFCONS Infra: Won ₹1,283 Cr DP World container terminal project.
- VR Infra: Bagged ₹114 Cr order.
- Mahindra EPC: Secured an order worth ₹1.73 Cr.
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Acquisitions & Investments
- TeamLease Services: Acquired 80% stake in Singapore-based Ikigai Enablers.
- JK Paper: Acquired 65% stake in Quadragen VetHealth for ₹300 Cr.
- Filatex: Approved ₹155 Cr expansion at Dahej and ₹24 Cr hybrid power project with Torrent Power.
- Allcargo Terminals: Signed a solar power PPA with Amokha Green Energy.
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Partnerships
- Infosys: Partnered with Siemens AG for lifelong learning using generative AI.
- Sona BLW: Signed MoU with ePlane for eVTOL powertrain development.
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Leadership Changes
- Voltas: MD & CEO Pradeep Bakshi to step down; Mukundan Menon appointed MD designate.
- Metropolis Healthcare: Resignation of Chief Business Officer (South-East).
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Other Developments
- Radico Khaitan: Luxury brands achieved ₹100 Cr sales in Q3; targeting ₹500 Cr by FY26.
- KRBL: Launched consumer-friendly packaging for India Gate Basmati Rice.
- Westlife Foodworld: Improved gross margins to 70.1%, aided by a 50 bps price hike.
- Arham Technologies: Auditor MRCA & Associates resigned effective Jan 29, 2025.
- GMDC: Signed a 40-year limestone supply deal with JK Cement for Lakhpat Punrajpur Mines.
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Stay updated with Beat the Street
METROPOLIS HEALTHCARE : Resignation of Mr. Balakrishnan Janardhanan from the post of Chief Business Officer (South-East) due to personal reasons
ELECON ENGINEERING : Speciality Woodpack Pvt. Ltd., a promoter group entity, changed its name to Akaaish Printing Press Pvt. Ltd. on January 27, 2025, as per the Registrar of Companies
SAMHI HOTEL Q3 :CONS NET PROFIT OFF 22.7 CR V 74.4 CR LOSS (YOY), UP 80 % (QOQ)
REVENUE UP 10 % AT 295 CR (YOY) ,UP 11 % (QOQ)
EBITDA UP 30 % AT 110 CR (YOY),UP 20 %(QOQ)
MARGINS AT 37.3 % V 31.75 % (YOY), 34.7 % (QOQ)
GMDC : GMDC signed a 40-year agreement with JK Cement to supply 250 million tons of limestone from its upcoming Lakhpat Punrajpur Mine in Kutch. The deal was formalized on January 29, 2025, by senior officials from both companies.
The collaboration will boost investment, industry, and jobs in Kutch, driving Gujarat’s economic growth. Kutch’s coastal location and efficient logistics make it ideal for cement production, generating significant revenue through royalties, NMET, DMF, and GST.
SITI NETWORK Q3 :CONS NET LOSS AT 44.5 CR V 87.5 CR LOSS (YOY), 19.5 CR LOSS (QOQ)
REVENUE DOWN 4 % AT 308 CR (YOY) ,UP 9 % (QOQ)
EBITDA OF 6.8 CR V 0.5 CR PROFIT (YOY),56.5 CR LOSS (QOQ)
MARGINS AT 2.2 % V 0.15 % (YOY), -19.9 % (QOQ)
ALLCARGO TERMINALS : Company has executed a Power Purchase Agreement (“PPA”) with M/s Amokha Green Energy Private Limited (“AGEPL”) for the procurement of Solar Power on Group Captive Basis.
OLECTRA GREENTECH Q3 :CONS NET PROFIT UP 72 % AT 46.6CR (YOY), DOWN 2 % (QOQ)
REVENUE UP 51 % AT 515 CR (YOY) ,DOWN 2 % (QOQ)
EBITDA UP 61 % AT 79 CR (YOY),DOWN 3 %(QOQ)
MARGINS AT 15.3 % V 14.27 % (YOY), 15.5 % (QOQ)
IFB AGRO Q3 :CONS NET PROFIT OF 11.28 CR V 5.05 CR LOSS (YOY), UP 440 % (QOQ)
REVENUE UP 16 % AT 419 CR (YOY) ,UP 9 % (QOQ)
EBITDA OF 13.22 v 5.02 CR LOSS (YOY),UP 165 %(QOQ)
MARGINS AT 3.15 % V -1.4 % (YOY), 1.3 % (QOQ)
DEEPAK SPINNERS Q3 : NET LOSS AT 0.45 CR V 0.51 CR LOSS (YOY), 3.47 CR LOSS (QOQ)
REVENUE UP 14 % AT 132 CR (YOY) ,UP 1 % (QOQ)
EBITDA DOWN 5 % AT 3.75 CR (YOY),UP 91 %(QOQ)
MARGINS AT 2.85 % V 3.41 % (YOY), 1.5 % (QOQ)
GABRIEL INDIA Q3 :CONS NET PROFIT UP 46 % AT 60.1 CR (YOY), DOWN 4 % (QOQ)
REVENUE UP 25 % AT 1017 CR (YOY) ,DOWN 1 % (QOQ)
EBITDA UP 32 % AT 92 CR (YOY),DOWN 7 %(QOQ)
MARGINS AT 9 % V 8.57 % (YOY), 9.65 % (QOQ)
VOLTAS: Mr. Mukundan C.P. Menon is appointed as MD (Designate) from April 1, 2025, and as MD from September 1, 2025, until May 24, 2027.
VOLTAS : Mr. Pradeep Bakshi (MD & CEO , will step down on August 31, 2025, as he is not seeking reappointment.
The Board has accepted his decision.
SUDITI INDUSTRIES Q3 :CONS NET PROFIT OF 1.29 CR V 1.77 CR LOSS (YOY), 0.16 CR LOSS (QOQ)
REVENUE UP 47 % AT 21.87 CR (YOY) ,UP 24 % (QOQ)
EBITDA OF 1.75 CR V 0.96 CR LOSS (YOY), 0.26 CR LOSS (QOQ)
MARGINS AT 8 % V -6.44% (YOY), -1.46 % (QOQ)
JK CEMENT ; JK Cement Ltd. won a GMDC tender for 250 MT of limestone from Lakhpat Punrajpur Mines, Kutch.
The company has signed a long-term supply agreement, ensuring a steady limestone supply and strengthening its position in the western market.
AFCONS INFRA: WINS RS 1283 CR ORDER
Afcons Infrastructure Limited has received the Letter of Award (LOA) today from M/s. Hindustan Gateway Container Terminal Kandla Private Limited [a group entity of DP World] .
JK PAPER ; Board approved the acquisition of majority stake ( 65 % Stake ) in Quadragen VetHealth Private Limited For Rs 300 Cr
Co. says This is a strategic acquisition in a promising and rapidly developing industry segment and provides a new opportunity for the Company to grow.
QVPL, a specialty animal health chemical company in India, was incorporated on September 15, 2010. Based in Bangalore, it manufactures, markets, and exports animal nutrition products, including feed additives and growth promoters. It operates in India and exports globally.
Turnover
₹151.96 Cr (FY 2023-24)
₹141.88 Cr (FY 2022-23)
₹103.19 Cr (FY 2021-22).
JK PAPER Q3 :CONS NET PROFIT DOWN 72 % AT 65 CR (YOY),DOWN 49 % (QOQ)
REVENUE DOWN 4 % AT 1631 CR (YOY) ,DOWN 3 % (QOQ)
EBITDA DOWN 55 % AT 166 CR (YOY),DOWN 37 %(QOQ)
MARGINS AT 10.21 % V 21.8 % (YOY), 15.65 % (QOQ)
CAPITAL SFB Q3 : ACTUAL GROSS NPA UP 4 % TO 182 CR QOQ
NET NPA UP 6 % TO 90 CR QOQ
CAPITAL SFB Q3 ; OPERATING PROFIT DOWN 1 % TO 47.8 CR QOQ
PROVISION DOWN 45 % TO 2.15 CR QOQ
GROSS NPA AT 2.67 % V 2.61 % QOQ
NET NPA AT 1.35 % V 1.29 % QOQ
CAPITAL SFB Q3 ; ST NET PROFIT UP 18 % TO 34.05 CR YOY,UP 2 % QOQ
NII UP 22 % TO 107 CR YOY,UP 6 % QOQ
TAMILNAD MERCANTILE Q3 : NET PROFIT UP 6 % TO 300 CR YOY,DOWN 1 % QOQ
NII UP 6 % TO 571 CR YOY,DOWN 4 % QOQ
SHARAT IND Q3 :CONS NET PROFIT UP 193 % AT 2.64 CR (YOY), DOWN 29 % (QOQ)
REVENUE UP 59 % AT 96.4 CR (YOY) ,DOWN 4 % (QOQ)
EBITDA UP 66 % AT 7.8 CR (YOY),DOWN 15 %(QOQ)
MARGINS AT 8.07 % V 7.7 % (YOY), 9.15 % (QOQ)
RAYMOND Q3 :CONS NET PROFIT UP 75 % AT 72.2 CR (YOY),UP 22 % (QOQ)
REVENUE UP 41 % AT 953 CR (YOY) ,DOWN 9 % (QOQ)
EBITDA UP 75 % AT 138 CR (YOY),UP 19 %(QOQ)
MARGINS AT 14.45 % V 11.6 % (YOY), 11.1 % (QOQ)
SONA BLW PRECISION FORGINGS: Company has signed a memorandum of understanding (MOU) with Ubifly
Technologies Private Limited (The ePlane Co.) at Chennai. The MOU will enable Sona Comstar and The ePlaneCo. to cooperate in the areas of eVTOLs and Drones.
The companies will collaborate on the development of powertrains for eVTOLs and Drones, including gearboxes, motors, inverters, and related components andsystems.
JINDAL STAINLESS Q3: CONS NET PROFIT DOWN 5% AT 654.27CR (YOY), UP 7% (QOQ)
REVENUE UP 9% AT 9907.3CR (YOY) ,UP 1% (QOQ)
EBITDA DOWN 3% AT 1207.5CR (YOY), UP 2%(QOQ)
MARGINS 12.18% V 13.65% (YOY), 12.13% (QOQ)
ARVIND SMARTSPACES Q3 :CONS NET PROFIT UP 408 % AT 47.7 CR (YOY), DOWN 18 % (QOQ)
REVENUE UP 149 % AT 210 CR (YOY) ,DOWN 18 % (QOQ)
EBITDA UP 198 % AT 59.4 CR (YOY),UP 6 %(QOQ)
MARGINS AT 28.8 % V 23.65 % (YOY), 21.9 % (QOQ)
SRF LTD Q3: CONS NET PROFIT UP 7% AT 271.08CR (YOY), UP 35% (QOQ)
REVENUE UP 14% AT 3406.7CR (YOY) ,UP 2% (QOQ)
EBITDA UP 6% AT 534.95CR (YOY), UP 19%(QOQ)
MARGINS 15.70% V 16.93% (YOY), 13.43% (QOQ)
TEAMLEASE SERVICES: Company signed a Share Purchase Agreement on January 29, 2025, with Ikigai Enablers Pte. Ltd. to acquire an 80% stake in the Singapore-based company.
BRIGADE ENT Q3 :CONS NET PROFIT UP 222 % AT 236 CR (YOY), UP 100 % (QOQ)
REVENUE UP 25 % AT 1463 CR (YOY) ,UP 36 % (QOQ)
EBITDA UP 58 % AT 413 CR (YOY),UP 41 %(QOQ)
MARGINS AT 28.27 % V 22.3 % (YOY), 27.3 % (QOQ)
BAJAJ FINANCE Q3 NET PROFIT UP 18.4 % TO 4307 CR YOY
NII UP 22.5 % TO 9382 CR YOY
BAJAJ FINANCE Q3 : OPERATING PROFIT UP 7 % TO 7805 CR QOQ
LOAN LOSSES PROVISION UP 7 % TO 2043 CR QOQ
GROSS NPA AT 1.12 % V 1.06 % QOQ
NET NPA AT 0.48 % V 0.46 % QOQ
ASK AUTOMOTIVE Q3: CONS NET PROFIT UP 32% AT 65.89CR (YOY), DOWN 2% (QOQ)
REVENUE UP 20% AT 915.1CR (YOY) , DOWN 6% (QOQ)
EBITDA UP 38% AT 110.7CR (YOY), DOWN 5%(QOQ)
MARGINS 12.09% V 10.51% (YOY), 11.98% (QOQ)
RBA Q3 :CONS NET LOSS AT 50.3 CR V 36.8 CR LOSS (YOY), 60.1 CR LOSS (QOQ)
REVENUE UP 6 % AT 639 CR (YOY) ,UP 1 % (QOQ)
EBITDA UP 2 % AT 69.4 CR (YOY),UP 10 %(QOQ)
MARGINS AT 10.85 % V 11.3 % (YOY), 10 % (QOQ)
ARCHIDPLY Q3: CONS NET LOSS AT 1.75CR C 1.46CR PROFIT (YOY), V 3CR LOSS (QOQ)
REVENUE UP 44% AT 150.76CR (YOY) ,UP 16% (QOQ)
EBITDA UP 47% AT 5.59CR (YOY), UP 19%(QOQ)
MARGINS 3.71% V 3.62% (YOY), 2.88% (QOQ)
VOLTAS Q3 V ESTIMATES
NET PROFIT AT 130 CR V EST 155 CR
REVENUE AT 3105 CR V EST 3015 CR
EBITDA AT 197 CR V EST 213 CR
MARGINS AT 6.4 % V 7.1 %
VOLTAS Q3: CONS NET PROFIT AT 130.76CR V 27.6CR LOSS (YOY), DOWN 2% (QOQ)
REVENUE UP 18% AT 3105.11CR (YOY) ,UP 19% (QOQ)
EBITDA UP 595% AT 197.39CR (YOY), UP 22%(QOQ)
MARGINS 6.35% V 1.08% (YOY), 6.19% (QOQ)
MALPANI PIPE & FITTINGS IPO
Management Interview with BEAT THE STREET:
https://youtu.be/fnbrsMOO4wo
Issue Opens: 29th January 2025
Issue Closes: 31st January 2025
Price Band: ₹85 - ₹90
Issue Size: ₹25.92 Crores
Video Includes:
Journey of the Company
Product Portfolio, Manufacturing Capacity & Distribution
IPO Fund Utilisation
Financials & Vision of the company
Arham Technologies Limited has informed regarding Resignation of Ms MRCA & Associates as Statutory auditor of the company w.e.f. January 29, 2025.
https://t.me/BeatTheStreet10
Jupiter Wagons fell 8%, down 50% from ATH
Now trades below recent QIP and Preferential issue to Promoters
This happened because of a slowdown in the growth rate. Let's understand
https://x.com/exencial_RP/status/1884559681475211570
TATA MOTORS Q3 :CONS NET PROFIT DOWN 22 % AT 5451 CR (YOY), UP 63 % (QOQ)
REVENUE UP 3 % AT 1.12 LKH CR (YOY) ,UP 12 % (QOQ)
EBITDA UP 1 % AT 12,339 CR (YOY),UP10 %(QOQ)
MARGINS AT 10.93 % V 11.07 % (YOY), 11.19 % (QOQ)
https://t.me/BeatTheStreet10
RBA Q3 :CONS NET LOSS AT 50.3 CR V 36.8 CR LOSS (YOY), 60.1 CR LOSS (QOQ)
REVENUE UP 6 % AT 639 CR (YOY) ,UP 1 % (QOQ)
EBITDA UP 2 % AT 69.4 CR (YOY),UP 10 %(QOQ)
MARGINS AT 10.85 % V 11.3 % (YOY), 10 % (QOQ)
ASK AUTOMOTIVE Q3: CONS NET PROFIT UP 32% AT 65.89CR (YOY), DOWN 2% (QOQ)
REVENUE UP 20% AT 915.1CR (YOY) , DOWN 6% (QOQ)
EBITDA UP 38% AT 110.7CR (YOY), DOWN 5%(QOQ)
MARGINS 12.09% V 10.51% (YOY), 11.98% (QOQ)
TEAMLEASE SERVICES: Company signed a Share Purchase Agreement on January 29, 2025, with Ikigai Enablers Pte. Ltd. to acquire an 80% stake in the Singapore-based company.
SRF LTD Q3: CONS NET PROFIT UP 7% AT 271.08CR (YOY), UP 35% (QOQ)
REVENUE UP 14% AT 3406.7CR (YOY) ,UP 2% (QOQ)
EBITDA UP 6% AT 534.95CR (YOY), UP 19%(QOQ)
MARGINS 15.70% V 16.93% (YOY), 13.43% (QOQ)
MAHINDRA EPC :Company has been awarded contracts for supply of Micro Irrigation Systems under community micro irrigation project
MAHINDRA EPC : WINS RS 1.73 CR ORDER
BANSAL WIRE Q3: CONS NET PROFIT UP 172% AT 41.6CR (YOY), UP 4% (QOQ)
REVENUE UP 53% AT 924.6CR (YOY) ,UP 12% (QOQ)
EBITDA UP 101% AT 72CR (YOY), UP 13%(QOQ)
MARGINS 7.78% V 5.92% (YOY), 7.73% (QOQ)
KRBL Limited, maker of India Gate Basmati Rice, unveils new consumer-focused packaging to enhance informed choices.
BLUESTAR Q3 :CONS NET PROFIT UP 32 % AT 132 CR (YOY), UP 38 % (QOQ)
REVENUE UP 25 % AT 2807 CR (YOY) ,UP 23 % (QOQ)
EBITDA UP 35 % AT 210 CR (YOY),UP 41 %(QOQ)
MARGINS AT 7.5 % V 6.95 % (YOY), 6.5 % (QOQ)
INFOSYS: Company and Siemens AG to Accelerate Digital Learning with Generative AI
Collaboration provides lifelong learners at Siemens with new and personalized learning experiences
Rupee ends at 86.54/$ against Tuesday’s close of 86.52/$
GMDC SURGES 13 % AFTER GOVT APPROVED MINERAL ALLOCATION
Garden Reach Shipbuilders & Engineers Limited ( GRSE ) & Apollo Micro Systems Limited ( AMS ) Signed MoU for Joint Development and Supply of Advanced Weapons and Electronic Systems
OIL COUNTRT Q3 NET PROFIT AT 1.6 CR V 9.9 CR LOSS QOQ
REVENUE AT 41.2 CR V 23.2 CR
OIL COUNTRY Q3 EBITDA AT 16.8 CR V 6.7 CR QOQ
MARGINS AT 40.7 % V 29.9 %
VR INFRA : BAGS RS 114 CR ORDER
Alibaba releases Al model it claims surpasses DeepSeek-V3
WESTLIFE FOODWORLD Management Says Despite soft consumption and inflationary pressures on inputs like oil, coffee, and cocoa, Westlife Foodworld improved gross margins to 70.1%, aided by a 50 basis point price hike.
The company aims to maintain gross margins around 70%.
However, Restaurant Operating Margins and Operating EBITDA margin dropped by 200 basis points YoY due to higher costs.
Profitability is expected to improve with higher volumes, with a target of 18-20% Operating EBITDA margin by 2027.
WESTLIFE FOODWORLD Q3 HIGHLIGHTS
In Q3 FY25, Westlife Foodworld reported a Cash PAT of Rs. 520 million (8% of sales). Digital channels drove over 70% of sales, supported by Self-Ordering Kiosks and My M Rewards.
App downloads exceeded 39 million, with a 13% YoY rise in active users.
The company added 15 new restaurants, reaching 421 locations across 67 cities.
Focused on South India, smaller towns, and Drive-Thrus, Westlife aims to open 45-50 stores annually, targeting 580-630 restaurants by 2027.
WESTLIFE FOODWORLD Q3 HIGHLIGHTS
The company reported Q3 sales of Rs. 6.54 billion, a 9% YoY growth.
Same-store Sales Growth (SSSG) rose to 2.8% YoY, recovering from -6.5% in Q2 FY25.
This growth was driven by increased footfalls and a stable average check.
Both On-Premise and Off-Premise businesses grew 9% YoY, with Off-premise contributing 42% to total sales, in line with the past two years.
RAM RATNA Q3 NET PROFIT AT 16.4 CR V 11.5 CR YOY
REVENUE AT 880 CR V 700 CR
RAM RATNA Q3 EBITDA AT 38.3 CR V 26.3 CR YOY
MARGINS AT 4.3 % V 3.77 %
CORRECTION: LIC HOUSING; Dealing Room Check Says Buy flows at FIl desk
Expect high delivery volumes- CNBCTV18
Adani Power Board Approves ₹5,000 Crore Fund Raise via QIP
NIVA BUPA : Co Was To Comply With Expense Of Management Cap Of 35% By April 2024
As Per Regulations, Standalone Health Insurers Can Have EoM Up To 35%
Niva Bupa's EoM Was 39.3% In FY24, 40% In H1FY25 - CNBCTV18
LINDE INDIA : Dealing Room Check Says Leading Fll buyer - CNBCTV18
PAYTM : Dealing Room Check Says Large Block Deal Expected - CNBCTV18
NIVA BUPA : Sources on Niva Bupa , Says IRDAI Has Likely Extended Time To Meet Expense Of Management Cap Till FY26 - CNBCTV18
PNB HOUSING : Dealing Room Check Says Buy flows at FIl desk
Expect high delivery volumes- CNBCTV18
DEALING ROOM CHECK - CNBCTV18
Strong pullback in broader market for 2nd consecutive day
Strong earnings reported by select cos
SUGAR , BCL ,GULSHAN POLYOLS : Cabinet Approves Price Of Ethanol From C-Heavy Molasses At ₹57.97/Liter
NMDC, NALCO, HIND COPPER : Govt Allocate 16,300 Cr For Development Of Critical Mineral Missions
WESTLIFE FOODWORLD Q3 NET PROFIT AT 7 CR V 17.2 CR YOY
REVENUE AT 650 CR V 592 CR
CORRECTION WESTLIFE FOODWORLD Q3 EBITDA AT 88 CR V 92 CR YOY
MARGINS AT 13.5 % V 15.3 %
JUPITER WAGONS Q3 NET PROFIT AT 98 CR V 83 CR YOY
REVENUE AT 1029 CR V 895 CR
JUPITER WAGONS Q3 EBITDA AT 140 CR V 125 CR YOY
MARGINS AT 14.1 %V 13.9 %
MAS FINANCIAL Q3 : GROSS NPA AT 0.96 % V 0.93 % QOQ
NET NPA AT 0.7 % V 0.68 % QOQ
ADANI POWER CEO Says All-India power demand grew 4.3% to 393 BU in Q3 FY25, impacted slightly by cold weather but rising 5.7% in December 2024.
Cumulative demand for FY 2024-25 grew 4.6% over FY 2023-24.
Despite slower growth and increased supply, the average market price on the Indian Energy Exchange dropped 26% YoY to Rs. 3.71/kWh.
However, peak demand is expected to reach 270 GW in summer 2025, boosting merchant prices.
ADANI POWER Q3 HIGHLIGHTS
Consolidated power sale volume at 23.3 BU in Q3 FY25, up by 8% from 21.5 BU in Q3 FY24 due to improved power demand and higher operating capacity.
Consolidated total revenue for Q3 FY25 higher by 11% at Rs. 14,833 Crore vs Rs. 13,355 Crore in Q3 FY24; primarily due to higher volume.
Consolidated EBITDA for Q3 FY25 higher by 23% at Rs. 6,185 Crore vs Rs. 5,009. Crore for Q3 FY24; supported by higher one-time income.
Consolidated Profit Before Tax for Q3 FY25 higher by 26% at Rs. 4,059 Crore vs Rs. 3,210 Crore far Q3 FY24,
Consolidated Profit After Tax for Q3 FY25 higher by 7% at Rs. 2,940 Crore vs Rs. 2,738 Crore for Q3 FY24
OLA ELECTRIC TO GEN 3 SCOOTERS ON 31 JAN
OLA ELECTRIC : Founder and CMD Ola Electric Mobility Limited has tweeted about the invitation of launching Ola Gen 3 Scooters.
ADANI POWER Q3 NET PROFIT AT 3060 CR V 2738 CR YOY
REVENUE AT 13671 CR V 1299 CR
ADANI POWER Q3 EBITDA AT 503 CR V 464 CR YOY
MARGINS AT 36.8 % V 35.7 %
ADANI POWER : APPROVED UPTO RS 5000 CR FUND RAISING VIA QIP
FILATEX : The Company approved an expansion project at its Dahej unit, adding 19,800 MTPA of POY, 14,400 MTPA of FDY, and 14,400 MTPA of DTY, with an estimated cost of Rs. 155 crores, expected to commission by June 2026.
Additionally, the Board approved an investment of Rs. 24 crores in a hybrid power project with Torrent Power Limited, set to be commissioned by September 2025.
INDIGO , SPICEJET : Cons Affairs Minister Says Have Written To DGCA To Take Steps To Reduce Airfare
Blackstone-Sattva JV to file papers for Rs 7,000-crore REIT IPO by mid-February - MC
Blackstone-Sattva JV to file papers for Rs 7,000-crore REIT IPO by mid-February - MC
ITDC ,PRAVEG : Consumer Affairs Minister Says Maha Kumbh Is Witnessing Huge Influx Of Devotees On A Daily Basis
SUDDEN SPIKE IN SWIGGY , + 3 %
FILATEX Q3 NET PROFIT AT 47 CR V 35 CR YOY
REVENUE AT 1069 CR V 1082 CR
FILATEX Q3 EBITDA AT 78.2 CR V 73.8 CR YOY
MARGINS AT 7.32 % V 6.8 %
SRF , NAVIN , LAXMI ORGANIC IN FOCUS
GUJARAT FLUOROCHEMICALS Says Refrigerant gas prices, mainly R-22, improved slightly, with further increases expected.
https://t.me/BeatTheStreet10
HEUBACH COLORANTS Q3 NET PROFIT AT 17.2 CR V 6.4 CR YOY
REVENUE AT 210 CR V 176 CR
HEUBACH COLORANTS Q3 EBITDA AT 25 CR V 14.3 CR YOY
MARGINS AT 11.7 % V 8.1 %
GUJARAT FLUOROCHEMICALS Q3
BULK CHEMICALS
The bulk chemical segment operated at full capacity. Caustic prices improved in Q3 after several weak quarters.
MDC prices rose, but are expected to remain stable due to new capacities in India.
GUJARAT FLUOROCHEMICALS Q3
Fluorochemicals BIZ & OUTLOOK
Refrigerant gas prices, mainly R-22, improved slightly, with further increases expected.
R-125, primarily exported to the US, saw weaker Q3 performance, but both prices and volumes should rise ahead.
Specialty chemicals remained flat, but volumes are expected to improve from Q4FY25.
GUJARAT FLUOROCHEMICALS Q3
Fluoropolymers BIZ & OUTLOOK
Fluoropolymer volumes slightly declined QoQ due to year-end holidays in export markets. Prices remained stable, though PTFE faced pressure from low-priced Chinese supplies.
With the exit of a legacy player and GFL's new qualifications, revenue and margin growth is expected from FY26.
Strong demand in automotive, semiconductors, EV, and ESS sectors will drive higher revenues and margins for GFL.
GUJARAT FLUOROCHEMICALS Q3 HIGHLIGHTS
EV Business Update
Dur Salts, Electrolytes, PVDF and PTFE binder plants have fully stabilised and are awaiting customer validations to commence commercial sales.
We are going ahead with expansion of our Salt production capacity in view of the expected order pipeline.
We are witnessing significant increase in the number of visits and audits of potential customers from the US, EU, Korea, Japan & India with product sampling and validation underway.
LFP plant commissioning is progressing well and is expected to commence trial production within Q4FY25
RADICO KHAITAN MD Says Radico Khaitan achieved a 15.3% YoY IMFL volume growth in Q3 FY25, driven by a 17.7% increase in the Prestige & Above category.
Premium brand sales and new product development remain strong. Luxury & Semi-Luxury brands reached net sales of Rs. 100 Cr in Q3 and Rs. 250 Cr in 9M FY25.
We expect these segments to exceed Rs. 500 Cr in FY26, reflecting strong demand domestically and internationally.
RADICO KHAITAN CHAIRMAN Says Despite consumption challenges, the Indian spirits industry, led by premium brands, saw strong growth.
In Q3 FY25, we achieved impressive performance, with premium brands growing robustly and regular brands recovering after nine quarters of decline.
We continue to elevate Indian brands globally, drive growth through premiumization, and explore new opportunities, confident in the long-term potential of the Indian spirits market and Radico Khaitan's growth prospects.
CLSA ON POWER STOCKS
Compelling valuations
Time to buy, but be selective
Power demand slowdown is cyclical not structural
Large long only investors looking to add NTPC and Power Grid
Interest seen in relative-value green stocks such as NHPC
Not much interest for expensive utilities like Tata Power and JSW Energy
NTPC-Maintain Outperform-TP 459
NHPC-Maintain Outperform-TP 120
CESC-Maintain Outperform-TP 195
MARUTI Q3 CONCALL
Demand trends remain subdued
Lower-end vehicles continue to underperform
9MFY25 retail growth at 3.5%, may continue in Q4
FY25 industry growth guidance was 3-4% earlier
Rural retail growth at 15% vs 2.5% in urban
SRF Q3
ON CHEMICALS BIZ
The Chemicals Business saw a 7% revenue rise to ₹1,496 crore and a 13% profit increase to ₹364 crore in Q3FY25.
Specialty Chemicals faced inventory buildup but showed gradual demand recovery.
Fluorochemicals got strong OEM support, while Chloromethanes remained stable.
ON PACKAGING BIZ
The Packaging Films Business saw a 27% revenue rise to ₹1,385 crore and a 100% profit increase to ₹90 crore in Q3FY25.
SRF maintained industry strength, though Aluminium Foil margins faced pressure from low-cost imports.
BAJAJ HEALTHCARE: CO RECEIVED APPROVAL FROM THE DCGI TO MANUFACTURE BOTH THE API AND DRUG FORMULATION OF PIMAVANSERIN, A 34 MG CAPSULE
BAJAJ HEALTHCARE: CO HAS ALSO EXTENDED OFFER FOR MANUFACTURING OF PIMAVANSERIN TO SEVERAL LEADING INDIAN PHARMACEUTICAL COMPANIES, ENSURING THE PRODUCT’S AVAILABILITY IN THE DOMESTIC MARKET
CLSA ON POWER STOCKS
Compelling valuations; time to buy, but be selective
Power demand slowdown is cyclical not structural
Large long only investors looking to add NTPC and Power Grid
Interest seen in relative-value green stocks such as NHPC
Not much interest for expensive utilities like Tata Power and JSW Energy
NTPC - Maintain Outperform; target price at Rs 459
NHPC - Maintain Outperform; target price at Rs 120
CESC - Maintain Outperform; target price at Rs 195
QUESS CORP Says Delivered A Good Quarter Despite Headwinds In BFSI
Margin Decline Was Due To Invsts In Leadership, Slowdown In Singapore, & Slower IT Svcs Hiring
Q4 Will Be Slightly Muted
Will End The Year With Double-digit Rev And EBITDA Growth
We Are The Largest IT Staffing Co In Singapore, Though We Have Observed Some Slowdown
KPI GREEN ; KPI Green Energy signed a ₹1,311.4 crore contract with Coal India to develop a 300 MW solar plant in Gujarat, set for completion by November 2025.
KPI GREEN: CO SIGNS CONTRACT AGREEMENT WITH COAL INDIA LTD FOR SETTING UP OF GRID CONNECTED 300 MWAC GROUND MOUNTED SOLAR PV PLANT
KPI GREEN: THE CONTRACT PRICE IS RUPEES 1,311.40 CR, WITH COMPLETION EXPECTED BY NOVEMBER 2025
AUROBINDO, LAURUS, STRIDES, CIPLA ; Relief
The United States Secretary of State, Marco Rubio, has approved an “Emergency Humanitarian Waiver”, which will allow people to continue accessing HIV treatment funded by the US across 55 countries worldwide.
5 REASONS FOR FALL IN TATA MOTORS?
1.Weak Q3-EBIDTA and Margins Miss Estimates
2.Numbers impacted by margin miss in JLR and the India CV division.
3.Weak demand from China and Europe
4.Competition seen in EV space in India business, as PV and CV growth moderates
5.Guidance cut for FY25-JLR business
Management has cut the FY25 revenue target from GBP30bn to GBP29bn (Down 3%)
ROCE for FY25 is expected to be lower at 20% compared to 22% earlier
NUVAMA ON TATA MOTORS
Maintain Reduce-TP 720 (FROM 750)
JEFFERIES ON TATA MOTORS
Downgrade to Underperform from Buy, TP 660 (FROM 930)
Downgrades after 3.5 years of Buy Rating
NATCO PHARAM ; NATCO announces approval of its Abbreviated New Drug Application (ANDA) for Everolimus tablets for Oral Suspension (generic of AFINITOR DISPERZ®)
NATCO’s partner, Breckenridge Pharmaceutical, will launch Everolimus TFOS in the U.S. immediately.
The drug treats SEGA in TSC patients aged 1+. U.S. sales were $112M (12 months ending Sep’24).
Gateway Distriparks Ltd
Company has again
received a Rectification Order on January 29, 2025, issued by Income Tax Department for the
financial years 2018-19 of the erstwhile Gateway Distriparks Limited wherein an sum of INR
1,48,38,647/- being revised to an amount of INR 1,08,25,072/- for the above mentioned year.
BLACKBOX : Black Box Limited announced new order wins across industries.
Black Box Continues To Power Next-Gen Digital Infrastructure
BLACKBOX INDIA: Black Box sees strong demand from hyperscalers, securing INR 250 crore in data center projects in the U.S. The company also won a INR 100 crore cybersecurity order, a major telecom network project, and a INR 45 crore airport contract.
AI adoption is expected to further drive IT infrastructure demand.
KPIT TECH Says Asia Will Be Our Key Growth Driver Going Forward
Not Felt Any Pricing Pressure
Customers Want To Do More With Less Which Keeps Us Focussed On Al To Deliver Solutions
Will Try To Deliver Greater Value To Our Customers Without Compromising On Margin - CNBCTV18
There are no concerns regarding the cash flow situation. Co is holding 12 months’ worth of inventory in B’lore
Pricing has increased 40% YoY for the company
Pavitra Shankar, Brigade Ent to CNBC-TV18
The future numbers will depend on new launches, expected in Q4, pricing has increased 40% YoY for the company: Pavitra Shankar, Brigade Ent to CNBC-TV18
TATA MOTORS Management Says China demand situation impacting the entire industry at large
Expect to see China back to growth in the coming year/qtrs as retail financial situation improves
Expect UK biz to normalise in Q4
We're seeing strong growth for our products in the US; Deliver almost 44% growth - CNBCTV18
Dabur to report Q3 earnings today , domestic volume growth seen b/w 1-2%
L&T ; WINS RS 1000-2500 CR ORDER WIN
L&T : L&T’s Minerals & Metals (M&M) unit has secured a repeat order to set up freight handling facilities in the GCC region.
The order, from a leading railway company, includes EPCC of facilities with advanced automation at two locations, along with an add-on package.
MAXPOSURE ; Bluebird Advertising, a Wholly Owned Subsidiary of Maxposure Limited, about its recent collaborations with three prestigious government entities -- Food Corporation of India (FCI), Maharashtra Electricity Regulatory Commission (MERC) and the Ministry of Consumer Affairs, Food & Public Distribution
JSPL to report Q3 earnings today, results to be impacted by both lower volumes & realizations
L&T to report Q3 earnings today, key to catch commentary on guidance parameter
GAIL to report Q3 earnings ; today, gas trading margin guidance, update on its tariff petition key to watch out for
U. S MARKET
Trump criticizes the Fed for poor bank regulation.
Trump says the Treasury will drive efforts to cut red tape and boost lending for Americans and businesses.
Trump claims the Fed's focus on DEI, gender issues, and green policies contributed to inflation.
META Q4
EPS: $8.02 (est. $6.78)
Revenue: $48.39B (est. $46.98B)
Operating Income: $23.37B (est. $20.09B)
Ad Revenue: $46.78B (est. $45.65B)
Reality Labs Revenue: $1.08B (est. $1.11B)
Reality Labs Operating Loss: $4.97B (est. loss $5.1B)
Family of Apps Operating Income: $28.33B (est. $25.3B)
Family of Apps Revenue: $47.30B (est. $46.08B)
Q1 Revenue Outlook: $39.5B–$41.8B (est. $41.67B)
2025 Capex Outlook: $60B–$65B (est. $52.41B)
2025 Total Expenses Outlook: $114B–$119B (est. $108.01B)
Meta Says Guidance factors in a ~3% forex headwind.
Expects strong revenue growth in 2025.
Regulatory changes in the EU and US may affect business.
TESLA Q4
Adjusted EPS: $0.73 (est. $0.76)
Revenue: $25.71B (est. $27.27B)
Gross Margin: 16.3%
Adjusted Net Income: $2.57B (est. $2.75B)
Free Cash Flow: $2.03B
Affordable models on track for H1 production
FSD Supervised launch planned for Europe
China new vehicle production on schedule for H1
Tesla Says Lower-cost models set for H1 production.
Preparing to launch FSD Supervised in Europe.
China new vehicle production remains on schedule for H1.
MICROSOFT Q4
EPS: $3.23 vs. est. $3.12
Revenue: $69.6B vs. est. $68.92B
Intelligent Cloud Revenue: $25.54B vs. est. $25.89B
Azure & Cloud Services (ex-FX): +31%
Total Cloud Revenue: $40.98B vs. est. $41.1B
TESLA expects vehicle growth in 2025, driven by autonomy and new products, but pace depends on various factors.
Energy storage should grow 50% YoY.
Liquidity is sufficient for expansion and operations.
GIFTNifty trading flat, indicates a muted start for Indian market
BERNSTEIN ON BAJAJ FINANCE
Maintain Underperform, target price ₹6400
No further deterioration in asset quality
Credit costs marginally higher than guidance
Healthy AUM growth with revival in Rural B2C segment
Current MD to be involved with the group in some capacity after his term ends in March 2025
CLSA ON MARUTI SUZUKI
Maintain Outperform, target price 13,446 (from 12,361)
Company incurred greater promotional expenses to push retail sales
Minor price increase of ~30bps from mid-Q4 to pass on fixed cost inflation
Remain positive as demand for CNG-powered cars will grow
Favorable total cost of ownership (TCO) as CAFE 3 deadline approaches, company holds a major market share in the segment