Fundamental & Technical Report NTPC By CapitalHeight

Fundamental and technical report NTPC

Introduction

NTPC is the public sector unit of India. It is India’s largest energy conglomerate with roots planted way back in 1975 to accelerate power development in India. Since then it has established itself as the dominant power major with presence in the entire value chain of the power generation business. From fossil fuels it has started generating electricity via hydro, nuclear and renewable energy sources. It will play a major role in lowering its carbon footprint by reducing greenhouse gas emissions. To strengthen its core business, the corporation has diversified into the fields of consultancy, power trading, training of power professionals, rural electrification, ash utilization and coal mining as well. NTPC became a Maharatna company in May 2010, one of the only four companies to be awarded by the government. NTPC was ranked 400th in the ‘2016, Forbes Global 2000’ ranking of the World’s biggest companies.

NHPC Power Generation

  • Coal Based Power Stations
  • Gas Based Power Stations
  • Hydro Based Power Projects

Present installed capacity of NTPC is 48,028 MW (including 6,966 MW through JVs/Subsidiaries) comprising of 45 NTPC Stations (19 Coal based stations, 7 combined cycle gas/liquid fuel based stations, 1 Hydro based station), 9 Joint Venture stations (8 coal based and one gas based) and 9 renewable energy projects.

NTPC

Other Services by NTPC

NTPC undertakes consultancy and turnkey project contracts for domestic and International clients in different phases of the power plants. NTPC has emerged as the acknowledged leader in engineering, construction, O&M, RLA/R&M and management of power projects hence is preferred for consultancy assignments.  It is accredited with ISO 9001:2008 certification and was established in 1989.NTPC offer consultancy services related to infrastructure sector business such as:

  • Fossil fuel based thermal power plants
  • Combined cycle power plants
  • Cogeneration plants
  • Water supply and treatment
  • Environment engineering and management

Skill Development at NTPC

NTPC runs a state-of-the-art Power Management Institute (PMI), at NOIDA. PMI has over the years trained a large number of professionals from NTPC, State Electricity Boards and other power utilities in the country. Also, PMI delivers programme to Power Sector companies in the Gulf Counties at their locations and participants also come from South Asia, Gulf and African countries to PMI.With a wide range of expertise and experience acquired over the years, PMI offers programs in the following categories:

  • Enhancing General Management Competence and Skills
  • Enhancing Technical Expertise
  • Upgrading Functional Skills
  • Managing Information Technology
  • Induction Level Training Programs

Fundaments of the Company

Balance Sheet

NTPC Balance Sheet

Income Statement

NTPC Incom Statement

Key Financial Ratios

NTPC Key Financial Ratios

Fundamental Analysis

 NTPC Debt Equity ratio is equal to one above which company’s profit efficiency will be affected so this is an average value. Company’s book value is 107 and its current market price is 171 and the ratio of market cap to shareholder equity is 1.59 approx. Stock is trading at premium investor has to pay 1.59 rupee for every rupee invested. This is below the average value of all the blue chip stocks traded at NSE.

From last three years company’s sales is almost constant. Operating profit of the company is moving around 17000 crore from last 4 years and its net profit is also constant at 10000 crore from last 3 years. Average earning of the company is 7% at current market price.

NTPC is one of the biggest power sector company of India. In coming years efficient energy would be the goal of government and it would be a necessity of general public. India is energy deficit country and to provide energy to India to its full capacity more plants and efficiency will be needed in coming future. NTPC plays a major role in India’s energy sector. As demand of energy will increase NTPC has to build new plants which will increase the sales of NTPC. Increase sales will lead to more profit and company’s net profit margin is15% which is an attractive figure.Company would have the good chance for growth.

Most of the company at NSE are trading at high premium and there PE is also very high because of which investing in those companies is little bit expensive for the investor whereas NTPC is trading at very low premium and at current market price its PE is also not very high. For a conservative investor NTPC is a buy candidate. Return on NTPC could be very attractive if investor hold the stock for minimum five year less than it would not be able to gain an attractive return because company’s growth potential would be effective on long term basis.

Technical Analysis of NTPC

Daily Candlestick Chart

Daily Candlestick Chart

NTPC broke the long term resistance line and closed above it. It is also holding above the trend line which is a sign of strength and in coming day market can move into new highs. Volume activity in NTPC is also increasing. NTPC was in downtrend from last 6 years and now it is in the initial stage of an uptrend. NTPC looks a very strong candidate for long term buying on daily technical chart. The major support is 167 and on upside the major resistance is 194. Above 167 NTPC is buying candidate with the stop loss of 157 and the target would be 194 and 215

Weekly Line Chart

Weekly Line Chart

To reverse 6 years bear trend of NTPC a long term patter was required on the chart and NTPC has made the one of the most trusted pattern which is a double bottom. The support of the double bottom was 113 and the resistance was 167. The gap between the two bottoms is almost equal to one and half year and the difference between the peak and trough is more than 25 % because of which this pattern falls in the category of long term reversal. High volume on the break out shows the significance of the pattern. The target of the pattern is equal to 215. Its strong buy on Weekly technical charts.

Disclaimer

 

Nifty Eyes 8150; SBI Tanks 5%, Auto & Oil Stocks Lead

Bussing stocks11:55 am Exclusive: Speaking to CNBC-TV18 from the sidelines of Pune Inc Conclave Power Minister Piyush Goyal said demonetization has huge advantages. It will take India to digital banking and make it a cashless society.

He said the government will use the money from demonetization to pump prime economy.

When asked what one should expect from the Union Budget on February 1, Goyal said ‘Good things’. He said: “The Finance Minister over the last three Budgets – July’14, Feb’15 and Feb’16 has consistently worked on a series of measures. He focused on a sustainable framework for India’s development.”

FM Arun Jaitley never tinkered with rates, minor changes but looked at structural improvements, so that India could move towards and economy, which like China sees 2-3 decades of high-level growth, said Goyal.

11:45 am Sameer Nair Group CEO of Balaji Telefilms says that new shows have a much lower margin and hopes to have 10 shows on air by FY17 end.

TV business gross margin is likely to be up 25 percent by this fiscal year, he believes.

The plan now is to get next releases of movies in the next fiscal year, he says, adding that film business will likely book profit in FY18.

Balaji Telefilms will look to air new shows on Sony, Sun TV and Doordarshan.

11:30 am Exclusive: The demonetization move by the government on November 8 seems to have put the buzzing FMCG sector on a pause mode.

Industry sources told CNBC-TV18 that top FMCG companies like HUL , Nestle India , ITC, as well as Dabur are adopting a ‘wait and watch’ mode with regards to new product launches and may defer new launches of high-end, premium products by one-two quarters.

They would look at geography specific launches to minimise the impact of demonetization, say sources, adding that the worst hit categories are luxury chocolates, premium cookies and ice-creams.

Nestle, ITC may defer launches in premium chocolate, confectionery & cookies space, and HUL, Dabur may defer product launches in premium personal care space, say industry sources.

The market has recovered from early weakness but the Nifty is almost nearing 8150. The 50-share index is up 6.80 points at 8121.10 and the Sensex is up 21.34 points at 26337.68. About 1457 shares have advanced, 652 shares declined, and 112 shares are unchanged.

Bharti Airtel, Cipla, Hero MotoCorp, BHEL and Bajaj Auto are top gainers while ICICI Bank, Wipro, TCS and Axis Bank are losers in the Sensex. SBI is down 5 percent intraday on Monday after RBI increased cash reserve ratio (CRR).

India is proving to be immune from the heavy selling in global emerging market debt, as Prime Minister Narendra Modi’s clampdown on undeclared cash has sparked expectations of a rate cut and pushed issuers to take advantage of low yields.

Indian Railways Finance Corporation, NTPC, Vedanta Resources, Exim India and Axis Bank all rushed to print rupee notes last week to access cheaper funding.

“The debt market is very compelling,” said Killol Pandya, head of fixed income at Peerless Funds Management. “Issuers that were otherwise going to banks are approaching the bond market as banks are yet to cut lending rates.”

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Sensex, Nifty sluggish; SBI down 2%, auto stocks rise

bear-marketThe market is sluggish with the Nifty hovering around 7950. The 50-share index is up 28.25 points or 0.4 percent at 7957.35 and the Sensex is up 56.65 points or 0.2 percent at 25821.79. About 1048 shares have advanced, 1346 shares declined, and 169 shares are unchanged.

Auto stocks are rising with Bajaj Auto, Hero MotoCorp and Maruti leading the pack. HUL and Adani Ports are other gainers in the Sensex. Among losers are BHEL, SBI, L&T, GAIL and NTPC.

The rupee slipped from its initial recovery, dropping 7 paise to Rs 68.23 in late morning deals following bouts of dollar demand from importers despite higher domestic equities.

Overseas, the US dollar took a breather against basket currencies in early Asian trade, as investors consolidated the gains built on expectations of increased fiscal spending and higher inflation under a Trump administration.

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Live Stock Market Updates – Nifty trades below 7,950 mark

bear-marketThe Sensex slipped below the 26,000 level by falling over 300 points in mid-session trade Monday, pulled down mainly by financial stocks.

The Sensex pared gains after rallying as much as 120 points in morning trade on Monday, led by losses for HDFC, Infosys, TCS and Maruti Suzuki. The domestic market fluctuated between gains and losses as energy producers advanced, while automakers and lenders declined.

The Nifty50 reclaimed the 8,100 mark but immediately turned volatile ahead of expiry of November futures & options contracts due on Thursday.

At 12:46 PM, the S&P BSE Sensex is trading at 25,836, down 314 points, while NSE Nifty is trading at 7,960, down 114 points. It is the first time Nifty dropped below 8,000 since June 2016.

The BSE Mid-cap Index is trading down 2.23% at 11,803, whereas BSE Small-cap Index is trading down 2.69% at 11,550.

Holding ground in the gloomy market were WIPRO, INFY, ONGC while POWERGRID, SBI, HDFC bore the brunt through the first hour of trading.

Only IT index is trading in green, while realty, banking, auto, metal, financial and FMCG were in red.

The INDIA VIX is up 6.13% at 18.8975. Out of 1,885 stocks traded on the NSE, 1,384 declined, 226 advanced and 275 remained unchanged today.

A total of three stocks registered a fresh 52-week high in trade today, while 53 stocks touched a new 52-week low on the NSE.

Rashtriya Chemicals & Fertilizers Ltd fell 3% after the company reported a marginal fall in net profit at Rs 43 crore for the quarter ended September 30. Its net profit stood at Rs 45.6 crore in the year-ago period.

Panacea Biotec rallied 2% after the pharma company announce receipt of Establishment Inspection Report (EIR) from the USFDA indicating the formal closure of the cGMP and Pre­ Approval Inspection conducted by USFDA, at its Oncology Parenteral and Oral Solids Dosage formulation facilities at Malpur, Baddi in Himachal Pradesh.

Cadila Healthcare slipped 1.5%. Zydus Cadila has received the final approval from the USFDA to market for Metronidazole Tablets USP in strengths of 250 mg and 500 mg. The drug which is used to treat infections caused by bacetria will be produced at the group’s formulations manufacturing facility at Baddi.

Mawana Sugars soared 12.6% to Rs 48 on the BSE. The Board of Directors of the Company has agreed to sell one of the operating units of the Company viz. Titawi Sugar Complex (TSC) in Uttar Pradesh as a going concern on an ‘As is Where is What is’ basis to Indian Potash Limited.

Techno Electric & Engineering Company gained 2% after the company has received an approval for sale/disposal of 45 MW Wind Power assets of the company, subject to approval of shareholders and other relevant authorities. The board of director at its meeting held on November 19, 2016 has approved for the same.

HPL Electric & Power hits 10% lower circuit at Rs 91. The company announced that the Company has reduced its debt around Rs 320 crore from IPO proceeds.

Punjab National Bank fell 6.6%. The bank has cut interest rate on fixed deposits by up to 0.25% in line with competition.

India Cements tanked 3%. The company reported a 62% jump in standalone net profit at Rs 62 crore for the quarter ended September 30, 2016. It had posted a net profit of Rs 38.5 crore in the year-ago period.

HDFC and Unitech are trading lower on the BSE. With Unitech defaulting on loan repayment, housing finance major HDFC said it has sold the realty firm’s outstanding loan of Rs 869 crore to JM Financial Asset Reconstruction Company (JMFARC).

NHPC dipped 2%. The Company has posted a net profit of Rs 1,554.7 crore for the quarter ended September 30, 2016 where as the same was at Rs 1215.7 crore for the quarter ended September 30, 2015.

NBCC slumped 3.5%. NBCC reported a consolidated net profit of Rs 69 crore against net profit of Rs 68 crore in the corresponding quarter last year.

Bharat Forge tanked 3.5%. The company announced the acquisition of US-based Walker Forge Tennessee, for a total consideration of USD14mn. Bharat Forge has made this acquisition through its US subsidiary.

Infosys advanced 0.5%. The IT company has invested Rs 145 mn in a start-up UNSILO. The investment is done through Infosys innovation fund.

Alembic Pharmaceutical is trading marginally higher on the BSE. The company has received approval from the US Food & Drug Administration (USFDA) for its Abbreviated New Drug Application (ANDA) for Telmisartan and Amlodipine Tablets.

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Stocks in news: Tech Mah, Bajaj Auto, GMR, NMDC, Wonderla, MOIL

Here are stocks that are in news today:

Results today:

Bajaj Auto   , NTPC   , Colgate Palmolive , Vedanta   , Dish TV , Eicher Motors   ,Grasim Industries

Tech Mahindra   Q2

-Constant currency growth at 5 percent QoQ

-Consolidated net profit down 19.2 percent at Rs 643.4 crore versus Rs 796.5 crore (QoQ) -Consolidated total income up 3.6 percent at Rs 7,167.4 crore versus Rs 6,921 crore (QoQ)

-Consolidated EBIT down 0.2 percent at Rs 825.4 crore versus Rs 827.3 crore (QoQ) -Consolidated EBIT margin at 11.50 percent versus 11.95 percent (QoQ)

-US dollar revenue at USD 1,072.4 million versus USD 1,031.5 million (QoQ)

Glenmark Q2

-Net profit up 10.9 percent at Rs 219.3 crore versus Rs 197.7 crore (YoY)

-Total income up 16.5 percent at Rs 2,224.1 crore versus Rs 1,909.4 crore (YoY)

-EBITDA up 11.7 percent at Rs 448.7 crore versus Rs 401.8 crore (YoY)

-EBITDA margin at 20.2 percent versus 21 percent (YoY)

Adlabs Entertainment   Q2
-Net loss at Rs 44 crore versus loss of Rs 35.4 crore (YoY)

-Total income up 6.5 percent at Rs 36.9 crore versus Rs 34.7 crore (YoY)

-EBITDA at Rs 1.1 crore versus loss of Rs 6.3 crore (YoY).

De Nora India   Q2

Net profit down 80.6 percent at Rs 0.6 crore versus Rs 3.1 crore (YoY)

-Total income down 37.1 percent at Rs 9 crore versus Rs 14.3 crore (YoY)

-EBITDA down 89.1 percent at Rs 0.5 crore versus Rs 4.6 crore (YoY)

-EBITDA margin at 5.6 percent versus 32.2 percent (YoY)

Sarla Performance Fibers   Q2

-Net profit up 3 percent at Rs 13.6 crore versus Rs 13.2 crore (YoY)

-Total income down 0.7 percent at Rs 81 crore versus Rs 81.6 crore (YoY)

-EBITDA unchanged at Rs 20.3 crore (YoY)

-EBITDA margin at 25.1 percent versus 24.9 percent (YoY)

Panasonic Energy India Q2

-Net profit up 2.7 percent at Rs 3.8 crore versus Rs 3.7 crore (YoY)

-Total income up 2.7 percent at Rs 65.4 crore versus Rs 63.7 crore (YoY)

-EBITDA down 3.6 percent at Rs 5.3 crore versus Rs 5.5 crore (YoY)

-EBITDA margin at 8.1 percent versus 8.6 percent (YoY)

Dalmia Bharat Sugar Q2

-Net profit at Rs 48.3 crore versus loss of Rs 5.1 crore (YoY)

-Total income up 59.9 percent at Rs 423 crore versus Rs 264.6 crore (YoY)

-EBITDA at Rs 81.4 crore versus Rs 20.2 crore (YoY)

-EBITDA margin at 19.2 percent versus 7.6 percent (YoY)

-Sugar sales volume up 5 percent at 1 lakh tonnes versus 0.95 lakh (YoY)

-Distillery sales volume up 121 percent (YoY)

GSK Pharma Q2

-Net profit up 3.5 percent at Rs 98.9 crore versus Rs 95.6 crore (YoY)

-Total income up 11.4 percent at Rs 799.1 crore versus Rs 717.5 crore (YoY)

-EBITDA up 9.9 percent at Rs 140.7 crore versus Rs 128 crore (YoY)

-EBITDA margin at 17.6 percent versus 17.8 percent (YoY)

JK Paper   Q2

-Net profit at Rs 44 crore versus Rs 18 crore (YoY)

-Total income up 14.6 percent at Rs 720.7 crore versus Rs 629 crore (YoY)

-EBITDA up 34 percent at Rs 139.1 crore versus Rs 103.8 crore (YoY)

-EBITDA margin 19.3 percent versus 16.5 percent (YoY)

Astec Life   Q2

-Net profit at Rs 11.2 crore versus Rs 2 crore (YoY)

-Total income up 31.4 percent at Rs 90.3 crore versus Rs 68.7 crore (YoY)

-EBITDA at Rs 23.3 crore versus Rs 10.2 crore (YoY)

-EBITDA margin at 23.3 percent versus 14.8 percent (YoY)

Kewal Kiran Clothing   Q2

-Net profit up 22.4 percent at Rs 29.5 crore versus Rs 24.1 crore (YoY)

-Total income up 9.2 percent at Rs 155.3 crore versus Rs 142.2 crore (YoY)

-EBITDA down 1.9 percent at Rs 36.9 crore versus Rs 37.6 crore (YoY)

-EBITDA margin at 23.8 percent versus 26.4 percent (YoY)

Cupid   Q2

-Net profit up 31.7 percent at Rs 5.4 crore versus Rs 4.1 crore (YoY)

-Total income up 40.8 percent at Rs 22.1 crore versus Rs 15.7 crore (YoY)

-EBITDA up 34.3 percent at Rs 9 crore versus Rs 6.7 crore (YoY)

-EBITDA margin at 40.7 percent versus 42.7 percent (YoY)

Wonderla Holidays  

Q2 -Net profit at Rs 2.9 crore versus Rs 11.9 crore (YoY)

-Total income up 16.2 percent at Rs 50.2 crore versus Rs 43.2 crore (YoY)

-EBITDA down 30.6 percent at Rs 10.2 crore versus Rs 14.7 crore (YoY)

-EBITDA margin at 20.3 percent versus 34 percent (YoY)

Zee Media   Q2

-Net profit at Rs 5.8 crore versus loss of Rs 1.5 crore (YoY)

-Total income down 1 percent at Rs 87.5 crore versus Rs 88.4 crore (YoY)

-EBITDA at Rs 16.4 crore versus Rs 4.1 crore (YoY)

-EBITDA margin 18.7 percent versus 4.6 percent (YoY)

Pricol   Q2

-Net profit at Rs 19.6 crore versus Rs 2.8 crore (YoY)

-Total income up 35.8 percent at Rs 333.3 crore versus Rs 245.5 crore (YoY)

-EBITDA at Rs 39.3 crore versus Rs 14.7 crore (YoY)

-EBITDA margin at 11.8 percent versus 6 percent (YoY)

EPC Industrie   Q2

-Net loss at Rs 1.1 crore versus loss of Rs 0.13 crore (YoY)

-Total income up 9.4 percent at Rs 45.3 crore versus Rs 41.4 crore (YoY)

JHS Svendgaard   Q2

-Net profit at Rs 1.3 crore versus loss of Rs 0.9 crore (YoY)

-Total income up 20.2 percent at Rs 30.9 crore versus Rs 25.7 crore (YoY)

Essel Propack   Q2

-Net profit up 27.3 percent at Rs 70.8 crore versus Rs 55.6 crore (YoY)

-Total income up 10.5 percent at Rs 596.1 crore versus Rs 539.1 crore (YoY)

-EBITDA up 1.7 percent at Rs 111.4 crore versus Rs 109.5 crore (YoY)

-EBITDA margin at 18.7 percent versus 20.3 percent (YoY)

Torrent Power   Q2

-Net profit down 41.9 percent at Rs 138.7 crore versus Rs 238.8 crore (YoY)

-Total income down 13.7 percent at Rs 2,675.7 crore versus Rs 3,099.1 crore (YoY) -EBITDA down 15.8 percent at Rs 640.9 crore versus Rs 761.2 crore (YoY)

-EBITDA margin at 24 percent versus 24.6 percent (YoY)

DCM Shriram   Q2

-Net profit up 48.1 percent at Rs 91.5 crore versus Rs 61.8 crore (YoY)

-Total income down 2.6 percent at Rs 1,446.2 crore versus Rs 1,484.2 crore (YoY)

-EBITDA up 13.7 percent at Rs 121.5 crore versus Rs 106.9 crore (YoY)

-EBITDA margin at 8.4 percent versus 7.2 percent (YoY)

Cholamandalam Invest Q2

-Consolidated net profit up 37.8 percent at Rs 167.7 crore versus Rs 121.7 crore (YoY) -Consolidated total income up 14.6 percent at Rs 1,172.2 crore versus Rs 1,022.8 crore (YoY)

Modern India   Q2

-Net profit at Rs 57.1 lakh versus Rs 3.2 lakh (YoY)

-Total income down 28.3 percent at Rs 16.7 crore versus Rs 23.3 crore (YoY)

IFB Industries   Q2

-Net profit up 91.4 percent at Rs 17.8 crore versus Rs 9.3 crore (YoY)

-Total income up 19.4 percent at Rs 439.4 crore versus Rs 368 crore (YoY)

-EBITDA up 50.5 percent at Rs 32.8 crore versus Rs 21.8 crore (YoY) -EBITDA margin at 7.5 percent versus 5.9 percent (YoY)

United Spirits   Q2

-Net profit up 15.9 percent at Rs 82.5 crore versus Rs 71.2 crore (YoY)

-Total income up 12.5 percent at Rs 6,038.8 crore versus Rs 5,369.9 crore (YoY)

-EBITDA down 33.8 percent at Rs 207.7 crore versus Rs 313.6 crore (YoY)

-EBITDA margin at 3.4 percent versus 5.8 percent (YoY)

Bharat Electronics   Q2

-Net profit up 68.2 percent at Rs 346.3 crore versus Rs 205.9 crore (YoY)

-Total income up 16.2 percent at Rs 1,794.6 crore versus Rs 1,545 crore (YoY)

-EBITDA up 87.4 percent at Rs 338.4 crore versus Rs 180.6 crore (YoY)

-EBITDA margin at 18.9 percent versus 11.7 percent (YoY)

Gokaldas Exports   Q2

-Net loss at Rs 27.8 crore versus profit of Rs 5 crore (YoY)

-Total income down 37.7 percent at Rs 182.7 crore versus Rs 293.1 crore (YoY)

-EBITDA loss at Rs 21.3 crore versus EBITDA profit of Rs 5.3 crore (YoY)

Shriram City Union Q2

-Net profit up 34.3 percent at Rs 204.5 crore versus Rs 152.3 crore (YoY)

-Total income up 18 percent at Rs 1,115.3 crore versus Rs 945.5 crore (YoY)

Gallantt Metal   Q2

-Net profit down 22.5 percent at Rs 7.9 crore versus Rs 10.2 crore (YoY)

-Total income down 15.5 percent at Rs 136.9 crore versus Rs 162 crore (YoY)

-EBITDA down 17.7 percent at Rs 13.5 crore versus Rs 16.4 crore (YoY)

-EBITDA margin at 9.9 percent versus 10.1 percent (YoY)

Trent   Q2

-Net profit up 7.7 percent at Rs 21.1 crore versus Rs 19.6 crore (YoY)

-Total income up 16.5 percent at Rs 448.5 crore versus Rs 384.9 crore (YoY)

-EBITDA up 7.8 percent at Rs 24.8 crore versus Rs 23 crore (YoY)

-EBITDA margin at 5.5 percent versus 6 percent (YoY)

Nelco Q2

-Net profit down 41.2 percent at Rs 1 crore versus Rs 1.7 crore (YoY)

-Total income up 12 percent at Rs 36.5 crore versus Rs 32.6 crore (YoY)

-EBITDA up 23.7 percent at Rs 4.7 crore versus Rs 3.8 crore (YoY)

-EBITDA margin at 12.9 percent versus 11.7 percent (YoY)

Bharat Gears   Q2

-Net loss at Rs 2.8 crore versus loss of Rs 0.7 crore (YoY)

-Total income down 2.2 percent at Rs 97.9 crore versus Rs 100.1 crore (YoY)

-EBITDA down 42.9 percent at Rs 3.6 crore versus Rs 6.3 crore (YoY)

-EBITDA margin at 3.7 percent versus 6.3 percent (YoY)

Inox Leisure Q2

-Net profit down 92.5 percent at Rs 1.6 crore versus Rs 21.2 crore (YoY)

-Total income down 3.4 percent at Rs 297.4 crore versus Rs 307.8 crore (YoY) -EBITDA down 51.9 percent at Rs 27.2 crore versus Rs 56.6 crore (YoY)

-EBITDA margin at 9.1 percent versus 18.4 percent (YoY)

Bajaj Finserv   Q2

-Consolidated net profit up 30.5 percent at Rs 575.8 crore versus Rs 441.1 crore (YoY) -Consolidated total income up 34.9 percent at Rs 2,999.7 crore versus Rs 2,223.8 crore (YoY)

VRL Logistics   Q2

-Net profit down 53.7 percent at Rs 13.9 crore versus Rs 30 crore (YoY)

-Total income up 5.3 percent at Rs 450 crore versus Rs 427.5 crore (YoY)

-EBITDA down 29.7 percent at Rs 49.8 crore versus Rs 70.8 crore (YoY)

-EBITDA margin at 11.1 percent versus 16.6 percent (YoY)

Castrol   Q3

-Net profit down 2.4 percent at Rs 139.8 crore versus Rs 143.2 crore (YoY)

-Total income down 2.9 percent at Rs 761.7 crore versus Rs 784.3 crore (YoY)

-EBITDA down 1.4 percent at Rs 212.9 crore versus Rs 215.9 crore (YoY) -EBITDA margin at 28 percent versus 27.5 percent (YoY)

Jubilant Life   Q2

-Net profit up 14.6 percent at Rs 144.8 crore versus Rs 126.4 crore (YoY)

-Total income down 8.9 percent at Rs 1,419.3 crore versus Rs 1,491.9 crore (YoY)

-EBITDA up 5.3 percent at Rs 340.3 crore versus Rs 323.1 crore (YoY)

-EBITDA margin at 24 percent versus 21.7 percent (YoY)

Sterlite Technologies   Q2

-Net profit up 34.6 percent at Rs 50.8 crore versus Rs 37.7 crore (QoQ)

-Total income down 8.7 percent at Rs 550.6 crore versus Rs 603.4 crore (QoQ)

-EBITDA down 11 percent at Rs 101.7 crore versus Rs 114.2 crore (QoQ)

-EBITDA margin at 18.5 percent versus 18.9 percent (QoQ)

JSW Steel   Q2

-Total income up 20.2 percent at Rs 14,420.9 crore versus Rs 11,993 crore (YoY)

-EBITDA up 65 percent at Rs 2,958.6 crore versus Rs 1,793.2 crore (YoY)

-EBITDA margin at 20.5 percent versus 15 percent (YoY)

-Net profit at Rs 726.5 crore versus Rs 56.3 crore (YoY)

Tata Steel  

-Announces equity partnership for its Canadian iron ore mines

-Signs equity partnership totalling USD 131 million with Resources Quebec & Investment Quebec

-Investment will result in 18 percent equity for Resources Quebec in company’s Canadian Mine

DCM Shriram

-Approved investment proposal worth Rs 185 crore in UP

-Approved expansion plan worth Rs 18.5 crore

Vikas Ecotech  

-Increase share capital from Rs 26 crore to Rs 32 crore

-Issue 2 crore shares of Re 1 each at a premium of Rs 16 each

-Issue 2.3 crore warrants convertible to shares of Re 1 each at a premium of Rs 16 each

JSW Steel

-Approved stock split from Rs 10 each to Re 1 each

-Approved NCDs worth Rs 2000 crore

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Results to watch out for! Vedanta, Eicher Motors, Dish TV in focus

Bussing stocksThe results which are expected today are Vedanta, Bajaj Auto, NTPC,Colgate Palmolive (India), Nestle India, Marico, Grasim Industries,Eicher Motors, IDFC, Dish TV.

Inox Wind, Jubilant Industries, HCL Infosystems, Heritage Foods, GIC Housing Finance,Bajaj Holdings & Investment, Mahindra Holidays & Resorts India, Tata Teleservices, Strides Shasun, Sun Pharma Advanced Research Company, Kansai Nerolac Paints.

Dilip Buildcon, Subros, Westlife Development, UPL, Ujaas Energy, Raj Television, Nitin Alloys Global, The Hi-Tech Gears, Hindustan Organic Chemicals, Avanti Feeds, Bharat Financial Inclusion, Carborundum Universal.

Stock Commentary:

Vedanta Ltd ended at Rs 200.15, down by Rs 1.1 or 0.55% from its previous closing of Rs 201.25 on the BSE. The scrip opened at Rs 201.2 and touched a high and low of Rs 202.4 and Rs 198.95 respectively. A total of 5290489 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 59101.18 crore.

Vedanta Ltd
BSE 203.10 3.75 (1.88%)
NSE 202.80 3.15 (1.58%)
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