Chennai Trading Academy

TOP 15 Stocks In Focus 18-11-24

1-RELIANCE
2-HEROMOTOR
3-IGL/MGL/GUJGAS
4-GRASIM
5-MUTHOOTFIN
6-HAL/BDL
7-GLENMARK/DRREDDY
8-ABB
9-GAIL/ATGL
10-VEDL/NATIONALUM/HINDALCO
11-HYUNDAI
12-CROMPTON/HONASA
13-DELHIVERY/NAZARA
14-SOBHA/PRESTIGE
15-IRBINFRA/HINDZINC

Things to know before trade this week
➡️weak opening expected on Monday
➡️Dow jones down 300 points on Friday
➡️Fed chair Jerome powell said central bank "not in a hurry to cut interest rates"
➡️nifty down 10% from the peak , entering into correction mode
➡️NTPC green energy IPO opens on nov 19th
➡️Bitcoin continues to trend higher, at 91200$
➡️Indian markets to remain shut on Nov 20th for Maharashtra assembly elections
➡️foreign investors have sold 29500cr in November so far

GIFTNifty lower, trading at a discount of more than 100 pts from Nifty futures Thursday close

EARNINGS
Good-Hero Moto, Delhivery, Glenmark Pharma, Muthoot Finance, Avanti Feed
Inline/Mixed-Crompton Greaves, Sobha
Weak-Nazara Tech, Grasim, Honasa Consumer, HOEC

Events This Week
18-19 Nov -;G20 summit in brazil
20 Nov:- Maharashtra & jharkhand election
21 Nov:-- Election results

Vedanta/Nalco/Hindalco
China announced that the export tax rebate for Aluminium and Copper products will be withdrawn with effect from December 1, 2024.

IGL/MGL (-VE)
Announced further 20%/18% cut in domestic APM gas allocation
If price hike not taken, this will impact margins

GS on Honasa
Downgrade to Neutral from Buy; Cut TP to Rs 375 from Rs 570
Q2 revenue declines, driven by a large pipeline inventory correction

Equirus on Swiggy
Initiate Add with TP of Rs 450

Reliance, Disney and Viacom18 complete ₹70,352-crore media merger; Nita Ambani named chairperson

HEROMOTOCO Q2
Net profit up 14.2% at ₹1,203.5 cr vs ₹1,054 cr (YoY)
Revenue up 10.8% at ₹10,463.2 cr vs ₹9,445 cr (YoY)
EBITDA up 14.1% at ₹1,515.9 cr vs ₹1,328 cr (YoY)
Margin at 14.5% vs 14.1% (YoY)

ABB INDIA (-ve)
Gets warning letter from SEBI for insider trading by two designated persons of the Company

Grasim Q2 Results
Net profit down 9.4% YoY at Rs 720 cr
Revenue up 18.3% YoY at Rs 7,620 cr; up 10.5% QoQ
EBITDA down 61.3% at Rs 230 cr vs 594 cr YoY
EBITDA margin seen at 2.96% vs 9.22% YoY

MUTHOOTFIN
Net profit up 26.3% at ₹1,251.1 cr vs ₹991 cr (YoY)
NII up 35.5% at ₹2,518.1 cr vs ₹1,858.4 cr (YoY)

HindustanAeronautics reports Q2Results
Net profit up 22.4% at ₹1,510.5 cr vs ₹1,236.7 cr (YoY)
Revenue up 6% at ₹5,976.3 cr vs ₹5,635.7 cr (YoY)

GLENMARK : The company returned to profitability, reporting a net profit of ₹354.4 crore in Q2 FY2025, compared to a loss of ₹180.2 crore last year.

Hindustan Zinc secured a gold mining block in Rajasthan through an auction.

Sterlite Tech:
ICRA revises outlook to stable from Negative, downgrades rating to AA- from AA on select bank loan facilities.

IRB Infra
IRB Infrastructure Trust to offer 5 of its matured Highway Assets to the IRB InvIT Fund (Public InvIT)

GAIL Signs 10-year agreement with ADNOC Gas for delivery of upto 0.52 MMTPA LNG

Hyundai Motor (Agencies)
Co betting big on CNG fuel options, witnessing increasing demand

Dr Reddy's Laboratories/FDC Ltd
Recalling generic medications in the US market due to manufacturing issues.

Prestige Estates
To launch Rs 52,000-cr housing projects by March 2025 amid strong demand

Delhivery : logistics company reports net profit of 10.2cr vs loss of 102.9cr YoY ,
revenues rise 13% YoY at 2190cr vs 1942cr ,
EBITDA turnaround to profit of 57.3cr

Sobha ltd:
Revenues up 25% YoY at 933cr in Q2, profit up 73% YoY

Glenmark pharma :
Net profit of 355cr in Q2 vs loss of 180cr YoY
revenue up 7% YoY at 3433cr

Crompton Greaves reports Q2Results
Net Profit up 28.6% At ₹125 Cr Vs ₹97.2 Cr (YoY)
Revenue up 6.4% At ₹1,896 Cr Vs ₹1,782.3 Cr (YoY)
EBITDA up 16.6% At ₹203.4 Cr Vs ₹174.5 Cr (YoY)
Margin At 10.7% Vs 9.8% (YoY)

BharatDynamics reports Q2Results
Net profit down 16.7% at ₹122.5 cr vs ₹147 cr (YoY)
Revenue down 11.5% at ₹544.8 cr vs ₹615.8 cr (YoY)
EBITDA down 26.2% at ₹99 cr vs ₹134 cr (YoY)
Margin at 18.2% vs 21.8% (YoY)

AdaniTotalGas says GAIL further cuts gas supply to co by 13% effective November 16

AvantiFeeds reports Q2Results
Net profit up 53.2% at ₹113.7 cr vs ₹74.2 cr (YoY)
Revenue up 6% at ₹1,355 cr vs ₹1,278 cr (YoY)

NLC India | Bags Its Second Commercial Coal Mine Block At Machhakata, Odisha

Coal Mine Block is having a total coal reserve of 1377 Million Tonnes (Approx) peak rated capacity of 30 Million Tonnes Per Annum.

This is the second commercial coal mine block for NLC