26 Oct 2016
09:53 am -
Companies announcing their results today (Oct 26, 2016) and estimated time of announcement (based of past announcements)
Ajanta Pharma 12:43 to 15:00
Amarjothi Spin 11:21 to 12:30
Andhra Petro 14:32 to 15:46
Aruna Hotels 11:23 to 20:02
Arvind Infra 13:24 to 14:07
Ashirwad Steel 11:54 to 18:02
Asian Granito 12:56 to 17:49
AYM Syntex 14:43 to 19:24
Bervin Invest 10:53 to 15:09
Bharat Immuno 12:09 to 14:04
BLB 18.40 to 22.11
Bliss GVS 08.52 to 19.26
Cadila Health 11.24 to 18.23
Canara Bank 13.26 to 16.52
Coromandel 13:06 to 14:29
Cummin india 11:48 to 17:12
Dabur india 13:16 to 14:45
Dalmia bharat 08:11 to 20:16
Deepak nitrite 14:20 to 19:29
Dr agarwals eye 13:02 to 16:35
Emami paper 15:07 to 16:26
Excel Crop Care 13:56 to 18:11
Exide Ind 16:58 to 17:50
Forbes Gokak 15:30 to 19:18
Graviss Hosp 10:21 to 12:39
Hawkins Cooker 12.23 to 16.30
HDFC 13.52 to 17.15
Hero Motocorp 13.19 to 18.09
HICS Cements
Hinduja Venture 14.18 to 19.49
HUL 14.10 to 17.52
IIFL Holdings 13:51 to 17:50
Indian Hume 15:45 to 17:47
Indo Tech Trans 09:39 to 17:58
Indoco Remedies 11:36 to 13:12
Intl Paper APPM 11:28 to 18:20
Invest and Prec 11:28 to 18:20
ITC 15:11 to 19:42
JK Lakshmi Cem 16:23 to 17:27
JSW Energy 13:40 to 15:48
Jubilant Food 15:34 to 19:36
Just Dial 07:44 to 08:06
Kanani Ind 11:10 to 15:18
Kirloskar Bros 14:52 to 18:49
Lahoti Over 17:42 to 20:14
Lakshmi Machine 13:48 to 18:25
Laser Diamonds 14:48 to 19:10
Mah Scooters 12:28 to 14:15
Manugraph Ind 13:29 to 16:45
Mirch Tech 17:33 to 18:37
Modella Woollen 15:28 to 15:51
Motilal Oswal 15:28 to 20:00
Munjal Showa 12:00 to 14:54
Neelkanth Techn 15.07 to 18.29
OCL India 08.46 to 16.08
Oriental Hotels 13.48 to 18.23
PNB Gilts 08:39 to 16:18
Progressive Ext 13:56 to 17:24
R Systems Intl 08:13 to 13:02
Ramgopal Polyte 13:33 to 17:50
Raunaq EPC Int 08:33 to 15:39
Raymond 17:03 to 19:18
Religare Enterp 13:52 to 16:53
Sadhana Nitro 09:11 to 19:49
Sagar Cement 08:43 to 17:42
Shaba Chemicals 12:05 to 16:57
Shanthi Gears 13:54 to 19:13
Shilchar Techno 15:10 to 19:05
Shriram Asset 14:57 to 17:23
SKM Egg Product 14:44 to 16:19
Smartlink Net 08:43 to 16:47
Somany Ceramics 13:31 to 18:36
State Bk Travan 08:04 to 18:13
Super Sales 11:32 to 15:45
Swastik SafeDep 14:12 to 19:56
Syndicate Bank 14:05 to 16:30
Thomas Cook 08:31 to 14:51
Torrent Pharma 17:17 to 19:54
TRC Finance 14:56 to 17:36
Triveni Glass 14:16 to 15:43
Vatsa Corp 10:38 to 17:02
West Leisure 16:08 to 16:36
PS: The time range mentioned above are based on the past 4 announcements made by the company
03 Oct 2016
02:35 pm -
Results Calendar
CCL 03/10
GM Breweries 06/10
Goa Carbon 06/10
South Ind Bank 07/10
Gruh 10/10
Cyient 13/10
Infosys 14/10
Can Fin Homes 18/10
Equitas 21/10
Everest 21/10
Ghcl 21/10
Rane Engine 21/10
Tata Sponge 21/10
Wipro 21/10
Axis Bank 24/10
Rane Madras 24/10
M&M Fin 25/10
Navin Fluorine 24/10
Kotak Mah Bank 25/10
Hdfc Bank 25/10
Rane Brake 25/10
Hdfc 26/10
Dabur 26/10
Kirloskar 26/10
Lmw 26/10
Bajaj Fin. 27/10
Bajaj Finserve 27/10
Epc 27/10
Glaxo 27/10
Bajaj Auto 28/10
IDFC 28/10
Kansai Nerolac 28/10
Nestlé 28/10
J K Cement 29/10
Dr Lal 03/11
Shreyas 10/11
Sudarshan Chem 11/11
_____________________________________________________________________________________________________________________________________
29 Aug 2016
09:30 am -
INDIA AND THE GLOBAL EVENTS COMING WEEK :
GDP, Manufacturing PMI, Last phase Indian Corporate Q1 results, Auto monthly sales nos, Progress of monsoon, Greenback and Crude Volatility and FPIs Flows will track the market this week.
On 31 August wednesday Second Quarter GDP data and M3 money supply information are published in India.
31st August Wednesday Indian GDP Growth Rate Year on Year Q2 to be announced at 5:30 pm.
Previous GDP was 7.9%
India Infrastructure Output Year on Year July to be out at 5:00 pm.
Previous was 5.2%.
On 1st September Thursday India Nikkei Manufacturing PMI August to be out at
10:30 am.
Previous PMI was 51.8
August Auto Sales Nos to be announced on 1st September Thursday. Watch out for auto stock like Maruti, Hero Moto, Bajaj Auto, Tata Motors, Ashok Leyland, Eicher Motors and TVS Motors.
Jackson Hole Outcome :
Fed Chair Janet Yellen said the case for raising rates had strengthened but did not indicate when the Fed would act -- Reuters
Yellen told a gathering of central bankers from around the world in Jackson Hole, Wyoming, the U.S. economy was nearing the central bank's goals of maximum employment and price stability but that future hikes should be "gradual" -- Reuters
The latest bout of Fed jawboning therefore elevates the importance of the next US jobs report, due on September 1, to an even greater level. The average estimate of economists polled by Bloomberg is that 265,000 jobs will be created, and anything over the 200,000 mark is likely to further strengthen the case for another interest rate increase.
INDIAN CORPORATE Q1 2016 - 2017 EARNINGS THIS WEEK :
29th AUGUST MONDAY
IOC
DLF
ECLERX
MOIL
Ashok Buildcon
Bannariamman
Guj Minerals
Nahar Ent
Prakash Ind
Rastriya Chem
Srikalahasthi
30th AUGUST TUESDAY
CROMPTON GREAVE
COX & KINGS
WHIRLPOOL
Goodyear
Indraprastha
31st AUGUST WEDNESDAY
MCX INDIA
BPCL
Aditya Birla Fashion
Ansal Properties
Gvk Power
Hathway Cable
Indo Rama Synth
Kanoria Chem
Lloyd Electric
Power Mech
Sadbhav Engg
Sadbhav Infra
UB Holdings
01st SEPTEMBER THURSDAY
APOLLO HOSPITAL
TV TODAY NETWORK
Mahanagar Gas
Ballarpur Ind
Essel Propack
Allied Digital
02nd SEPTEMBER FRIDAY
INOX WIND
J KUMAR INFRA
MANGALORE CHEM
Mep Infra
Tara Jewels
Technocraft Ind
03rd SEPTEMBER SATURDAY
JUBILANT FOOD
MRPL
DS Kulkarni
GLOBAL EVENTS :
MONDAY 29TH AUGUST
UK markets closed for August bank holiday
In Germany, Import Price and Retail Sales figures are to be released.
Italy sees the Release of Business and Consumer Confidence Data.
Budget balance numbers are meanwhile issued in Brazil.
Updated Personal Income Data are to be out in the US.
US PCE index (July): This is a measure of the price paid in the US for domestic goods and services and is the Feds preferred measure of inflation. It is expected to rise by 0.1% on a core basis MoM.
TUESDAY 30TH AUGUST
Household Spending & Retail Sales updated in Japan.
Japan Unemployment Rate (July): Expected to hold steady at 3.1%. Markets to watch: Nikkei 225, yen crosses
Economic Sentiment Numbers are issued in the Eurozone. Eurozone Business Confidence (August): Expected to fall to 0.25 from 0.39.
Germany see the publication of Preliminary Inflation Figures for August. Germany Inflation Rate (August, Preliminary): The year-on-year figure is forecast to fall to 0.3%, from 0.4% in July.
Spain see the publication of Preliminary Inflation Figures for August.
Retail Sales Numbers are Released in Italy.
The Bank Austria Manufacturing PMI is out.
The Bank of England publishes Mortgage Data for the UK.
Jobless and Inflation Figures are updated in Brazil.
In Canada, Current Account and Producer Price Numbers are out.
Consumer Confidence Numbers are issued in the US alongside the Latest Case-Shiller Home Price Indices.
WEDNESDAY 31ST AUGUST
Japan sees the Release of Construction Orders, Housing Starts and Industrial Production Figures.
M3 Money Supply Data are also Released in South Africa, with Trade Balance Numbers also out.
Latest GDP figures are issued in Nigeria.
Unemployment and Flash Inflation Numbers are published by Eurostat for the currency union. Eurozone Unemployment (July), Inflation (August, flash): Unemployment in the eurozone is expected to fall slightly, as the rate drops to 10% from 10.1%. Meanwhile, price growth is forecast to rise to 0.3% from 0.2% overall, and move to 1% from 0.9% for the core measure.
Germany Unemployment Rate (August): Expected to remain at 6.1%, while unemployment falls by 3000, from a 7000 drop in July.
Labour Market Data are Released Italy
France updates its Consumer Spending and Producer Price Figures.
In Spain, Current Account Numbers are Updated.
GfK Consumer Confidence and Nationwide House Price Data are issued in the UK.
Brazil see the Release of Second Quarter GDP Figures.
ADP Mortgage Data are out in the US.
US ADP Data (August): This private measure of jobs growth is expected to show the US created 165K jobs, down from 179K in July.
Canadian GDP (Q2): Growth is expected to shrink by 0.9%, from an increase of 0.6% in Q1. The annualised rate is expected to slip to -1% from 2.4%.
US Chicago PMI (August): Activity in the Chicago region is expected to weaken slightly, with the PMI dropping to 55 from 55.8.
US Pending Home Sales (July): Forecast to see sales rise 0.5% MoM from 0.2% in June.
US EIA crude inventories: Stockpiles are expected to rise by 1.9 million barrels, down from the 2.5 million barrel increase a week earlier, but still indicating strong growth in supply.
THURSDAY 01ST SEPTEMBER
Manufacturing PMI results are published worldwide, including the new Nikkei ASEAN Manufacturing PMI.
Retail Sales Data and the Latest AIG Manufacturing Index are Released in Australia.
China Manufacturing and Non-Manufacturing PMI (Aug): Expected to see the manufacturing PMI fall to 49.5 from 49.9, while the non-manufacturing PMI drops to 52.7 from 53.9.
China Caixin Manufacturing PMI (Aug): This private survey is forecast to drop to 48.9 from 50.6.
UK manufacturing PMI (August): UK activity is expected to increase to 48.8 from 48.2. Some more data on the UK economy post-Brexit will help gauge the direction of the country as we head into the final months of the year.
The US sees the release of Revised Productivity Data.
US Initial Jobless Claims: Expected to rise to 264K from 261K.
US ISM Manufacturing PMI (August): Activity in the manufacturing sector is expected to have slowed slightly to 52.4, from 52.6.
Brazils Central Bank announces its latest Monetary Policy decision. Moreover, the country sees the publication of Producer Price and Trade Numbers.
FRIDAY 02ND SEPTEMBER
Japan Consumer Confidence (Aug): Forecast to rise to 41.4 from 41.3.
Producer Price Figures are Released in the Euro Area.
Final Second Quarter GDP Data are out in Italy.
UK construction PMI (August): Forecast to rise to 46.6 from 45.9.
Industrial production numbers are published in Brazil.
Canada sees the release of trade figures.
Factory Orders Data are issued in the US.
US non-farm payrolls (August), Employment Data (August), Trade Balance (July): US job creation is expected to drop to 164K in August, after a bumper 255K in July. The unemployment rate is forecast to fall to 4.8% from 4.9%, while average hourly earnings are forecast to rise by 0.2% from the previous 0.3%. Meanwhile, the trade deficit is expected to narrow to $43 billion from $44.5 billion.
____________________________________________________________________________________________________________________________________
01 July 2016
09:05 am -
FROM JULY LOT SIZE INCREASES FOR FOLLOWING SCRIPS
ABIRLANUVO 250 750
ACC 375 400
ADANIENT 6000 8000
ADANIPORTS 1600 2500
ALBK 6000 10000
AMBUJACEM 2100 2500
ANDHRABANK 8000 10000
ARVIND 1700 2000
AXISBANK 1000 1200
BAJAJ-AUTO 200 250
BANKBARODA 3100 3500
BANKINDIA 3000 6000
BATAINDIA 1000 1100
BHARATFORG 500 600
BHARTIARTL 1200 1500
BHEL 2000 5000
BOSCHLTD 25 50
CADILAHC 1500 1600
CAIRN 3000 3500
CANBK 2000 3000
CASTROLIND 1100 1400
CENTURYTEX 800 1100
CESC 1000 1100
CIPLA 800 1000
COALINDIA 1200 1700
COLPAL 500 700
CONCOR 400 500
CROMPGREAV 3000 12000
DABUR 2000 2500
DHFL 2200 3000
DISHTV 5000 7000
DRREDDY 150 200
EICHERMOT 25 50
ENGINERSIN 2200 3500
EXIDEIND 3400 4000
FEDERALBNK 8000 11000
GAIL 1400 1500
GLENMARK 500 700
GMRINFRA 39000 45000
GODREJIND 1300 1500
HCLTECH 600 700
HDFC 400 500
HDIL 6000 8000
HINDALCO 5000 7000
HINDPETRO 600 700
IBREALEST 9000 10000
ICICIBANK 1700 2500
ICIL 500 600
IDEA 3000 5000
IDFC 3300 13200
IFCI 20000 22000
INDIACEM 6000 7000
INFRATEL 1300 1400
IOB 14000 20000
IOC 1200 1500
IRB 2100 2500
JETAIRWAYS 900 1000
JINDALSTEL 7000 9000
JISLJALEQS 8000 9000
JPASSOCIAT 48000 68000
JSWENERGY 6000 8000
JUBLFOOD 300 500
JUSTDIAL 500 800
KOTAKBANK 700 800
KSCL 750 1500
KTKBANK 4000 6000
L&TFH 8000 9000
LT 300 500
M&M 400 500
M&MFIN 2000 2500
MARUTI 125 150
MCLEODRUSS 2200 3000
MOTHERSUMI 1500 2500
NMDC 5000 6000
OIL 1200 1700
ONGC 2000 2500
ORIENTBANK 3000 6000
PCJEWELLER 1300 1500
PFC 2000 3000
PNB 4000 7000
RCOM 8000 10000
RECLTD 2000 3000
SAIL 9000 12000
SBIN 2000 3000
SIEMENS 400 500
SOUTHBANK 22000 30000
SRF 400 500
STAR 400 500
SYNDIBANK 5000 9000
TATACHEM 1100 1500
TATACOMM 1100 1400
TATAGLOBAL 4000 4500
TATAPOWER 8000 9000
TCS 200 250
TECHM 1000 1100
UBL 500 700
UCOBANK 10000 15000
UNIONBANK 3000 4000
UNITECH 77000 99000
UPL 1000 1200
VEDL 4000 6000
VOLTAS 1600 2000
WOCKPHARMA 375 600
_____________________________________________________________________________________________________________________________________
24 June 2016
12:40 pm -
*UK: GERMAN CONSERVATIVES LEADER ANNOUNCES SPECIAL BUNDESTAG SESSION ON BREXIT NEXT WEEK
*ITALY PM RENZI TO HOLD MEETING ON BREXIT WITH VISCO: RADIOCOR - BBG
*G7 TO HOLD TELEPHONE CONFERENCE AROUND NOON: HANDELSBLATT
*EU'S TUSK SAYS UNTIL BRITAIN FORMALLY LEAVES EU, EU LAWS CONTINUE TO APPLY IN BRITAIN
*EU TUSK: DETERMINED TO KEEP UNITY OF 27 EU NATIONS AFTER UK REFERENDUM
_______________________________________________________________________________________________________________________________
23 June 2016
09:15 am -
Today's Corporate Action
23rd June Ex Date
INDIANB
Dividend - Rs. - 1.5000
INDUSINDBK
Dividend - Rs. - 4.5000
MAANALU
Final Dividend - Rs. - 0.5000
PINCON
Bonus Issue 1:1
TAMBOLI
Dividend - Rs. - 0.6000
VOITHPAPR
Dividend - Rs. - 4.0000
WELSPUNGUJR
Dividend - Rs. - 0.5000
WELSPUNIND
Final Dividend - Rs. - 0.0500
Today's Data Alert
Jun 23: Water level in major reservoirs as on Jun 23, by CWC.
Jun 23: Rainfall for week to Jun 22, by IMD.
Today's Global Data
Jun 22: Japan April final labour survey
Jun 23: Japan June flash manufacturing purchasing managers' index; 0730 IST
Jun 23: Japan April revised business conditions indexes; 1030 IST
Jun 23: UK votes in EU referendum; 1130 IST
Jun 23: Germany June flash purchasing managers' index; 1300 IST
Jun 23: European Union June flash purchasing managers' index; 1330 IST
Jun 23: UK May CML mortgage lending figures; 1400 IST
Jun 23: Federal Reserve Bank of Chicago May national activity index; 1800
IST
Jun 23: US Jan-Mar travel, tourism satellite account; 1800 IST
Jun 23: US unemployment insurance -- initial claims for week ended Jun 18;
1800 IST
Jun 23: US weekly export sales; 1800 IST
Jun 23: US June flash manufacturing purchasing managers' index; 1915 IST
Jun 23: US May leading indicators; 1930 IST
Jun 23: US May new residential sales; 1930 IST
Jun 23: US EIA natural gas storage report for week ended Jun 17; 2000 IST
Jun 23: Federal Reserve Bank of Kansas City June survey of Tenth District manufacturing; 2030 IST
Jun 23: European Union May new commercial vehicle registrations statistics
Jun 23: European Central Bank General Council meeting
Jun 23: European Systemic Risk Board general board meeting
_____________________________________________________________________________________________________________________________
21 June 2016
04:15 pm -
Tentative Brexit Event Schedule: UK has been divided into 382 counting areas. Volatility and uncertainty in financial markets will be greater than normal general election, because the major broadcasters have not commissioned any exit polls over concerns about accuracy.
Polling stations are open at 23rd June from 7am to 10pm (IST: 11.30 am 23rd June to 02.30 am 24th June)
London and Northwest counting starts from 00.45 am 24th June (IST: 05.15 am 24th June)
Major outcome starts between 03.30 am to 04.00 am 24th June (IST: 08.00 am to 08.30 am 24th June)
Final outcome till 07.00 am (IST: 11.30 am 24th June)
_____________________________________________________________________________________________________________________
16 June 2016
09:10 am -
Today's Corporate Action
16th June Ex Date
ABHIJIT
Dividend - Rs. - 0.6000
ASIANPAINT
Final Dividend - Rs. - 5.3000
AVANTEL
Dividend - Rs. - 1.0000
GULPOLY
Final Dividend - Rs. - 1.7500
ICICIBANK
Dividend - Rs. - 5.0000
UPL
Dividend - Rs. - 5.0000
VIDLI
Dividend - Rs. - 0.2500
Today's Data Alert
Jun 16: Rainfall for week to Jun 15, by IMD.
Jun 16: Water level in major reservoirs as of Jun 16, by CWC.
Today's Global Data
Jun 16: US April Treasury international capital data; 0130 IST
Jun 16: UK CBI, PWC financial services survey; 0431 IST
Jun 16: Germany Ifo economic forecast; 1330 IST
Jun 16: European Central Bank's economic bulletin; 1330 IST
Jun 16: UK May monthly retail sales data; 1400 IST
Jun 16: European Union May harmonised consumer price index print; 1430 IST
Jun 16: UK June interest rate decision; 1630 IST
Jun 16: Bank of England monetary policy committee meeting minutes; 1630 IST
Jun 16: US Federal Reserve Bank of Philadelphia June business outlook
survey;1800 IST
Jun 16: US Jan-Mar international transactions data; 1800 IST
Jun 16: US unemployment insurance claims report for week ended Jun 11
Jun 16: US May real earnings; 1800 IST
Jun 16: US May consumer price index data; 1800 IST
Jun 16: US weekly export sales data; 1800 IST
Jun 16: US June NAHB housing market index; 1930 IST
Jun 16: US EIA natural gas storage report for the week ended Jun 10; 2000
IST
Jun 16: Japan monetary policy meeting decision
Jun 16: UK Chancellor of the Exchequer Osborne, Bank of England Governor Carney to speak
Jun 16: Eurogroup meeting of eurozone finance ministers
Jun 16: European Union May new passenger car registrations
Jun 16: European stability mechanism board of governors to meet
Jun 16: International Monetary Fund's regular press briefing
Jun 16: US OCED economic survey
____________________________________________________________________________________________________________________________
09:05 am -
Today's Corporate Action
7th June Ex Date
ELNET
Dividend - Rs. - 1.7000
Today's Data Alert
Jun 7: Second bi-monthly policy statement for 2016-17.
Jun 7: RBI Governor Rajan, other top officials to address media following
the announcement of second bi-monthly monetary policy for 2016-17. 1110 IST, Mumbai.
Jun 7: RBI Governor Rajan, other top officials to interact with
researchers,analysts via teleconference. 1430 IST, Mumbai.
Today's Global Data
Jun 7: Indian PM Modi's US visit
Jun 7: UK May British Retail Consortium-KPMG retail sales monitor data; 0431 IST
Jun 7: Japan May international reserves, foreign currency data; 0520 IST
Jun 7: Japan April indexes of business conditions; 1030 IST
Jun 7: Germany April industrial production index; 1130 IST
Jun 7: UK May Halifax house price index; 1300 IST
Jun 7: European Union Jan-Mar gross domestic product second estimate; 1430 IST
Jun 7: The Retail Economist/Goldman Sachs chain store sales index for week
to Jun 4; 1715 IST
Jun 7: US Jan-Mar productivity and costs data; 1800 IST
Jun 7: US Johnson Redbook retail sales index for week to Jun 4; 1825 IST
Jun 7: US Jun economic optimism index by a private forecaster; 1930 IST
______________________________________________________________________________________________________________________
09:00 am -
Today's Corporate Action
6th June Ex Date
BPCL
Final Dividend - Rs. - 15.0000
LUXIND
Stock Split From Rs.10/- to Rs.2/-
TCS
Final Dividend - Rs. - 27.0000
_________________________________________________________________________________________________________________________
09:30 am -
Today's Corporate Action
2nd June Ex Date
BLUESTINFO
Amalgamation
KITEX
Final Dividend - Rs. - 0.7500
LAKSHVILAS
Dividend - Rs. - 3.0000
NBCC
Stock Split From Rs.10/- to Rs.2/-
Today's Data Alert
Jun 2: Water level in major reservoirs as on Jun 2, by CWC.
Jun 2: 169th meeting of OPEC member countries in Vienna.
Jun 2: Rainfall for week to Jun 1, by IMD.
Today's Global Data
Jun 2: US May domestic auto industry sales data; 0130 IST
Jun 2: US API crude stocks statistical bulletin; 0200 IST
Jun 2: Japan May monetary base data; 0520 IST
Jun 2: Japan May consumer confidence survey; 1030 IST
Jun 2: Eurozone April producer price index; 1430 IST
Jun 2: US May Challenger job-cut report; 1700 IST
Jun 2: European Central Bank interest rate announcement; 1715 IST
Jun 2: US ADP employment report; 1745 IST
Jun 2: US jobless claims data for week ended Jun 28; 1800 IST
Jun 2: European Central Bank President Draghi to speak; 1930 IST
Jun 2: US EIA natural gas storage report for week ended May 27; 2000 IST
Jun 2: US EIA petroleum storage report for week ended May 27; 2030 IST
Jun 2: US May retail chain store sales index; 2130 IST
Jun 2: US Federal Reserve Bank of Chicago President Evans to speak
_______________________________________________________________________________________________________________
31 May 2016
09:05 am -
Today's Corporate Action
31st May Ex Date
PAGEIND
Interim Dividend - Rs. - 22.0000
Today's Data Alert
May 31: GDP estimate for Jan-Mar and 2015-16, by CSO. 1730 IST.
May 31: Government finances for March and April, by CGA.
May 31: CPI for industrial workers for April, by Labour Bureau.
May 31: Core sector growth for April, by commerce and industry ministry.
Today's Global Data
May 31: Japan April labour force survey; 0500 IST
May 31: Japan April household spending data; 0500 IST
May 31: Japan April preliminary industrial production data; 0500 IST
May 31: Japan April auto production data; 0930 IST
May 31: Japan April auto exports data; 0930 IST
May 31: Japan April housing starts data; 1030 IST
May 31: Japan April construction orders data; 1030 IST
May 31: Germany April retail trade data; 1130 IST
May 31: France May provisional consumer price index; 1215 IST
May 31: France April producers price index; 1215 IST
May 31: Germany May labour market statistics; 1330 IST
May 31: Eurozone April monetary developments (M3) data; 1330 IST
May 31: Italy May consumer price index; 1430 IST
May 31: Eurozone May flash consumer price index; 1430 IST
May 31: Eurozone April employment data; 1430 IST
May 31: Canada Jan-Mar gross domestic products data; 1800 IST
May 31: US Mar S&P/Case-Shiller home price index;; 1830 IST
May 31: US May ISM-Chicago business survey; 1915 IST
May 31: US May consumer confidence index; 1930 IST
May 31: US May Texas manufacturing outlook; 2000 IST
May 31: US May Texas manufacturing outlook; 2000 IST
09:00 am -
CLSA ON M&M
Cut target to `1440 from `1470, Maintain Outperform
Cut FY17-18 EPS by 8-12%, factoring in lower UV/LCV growth
Ebitda margins were impacted by the expiry of tax benefits at the Haridwar
Management tad cautious on margins given rising commodity prices
M&M sounded hopeful of better tractor industry growth in FY17
Upside potential now hinges on the extent of tractor/rural SUV recovery
CS ON M&M
Raise target to `1390 from `1310, Maintain Neutral
Margin miss led by disappointment in tractor segment
Results were below expectations as adjusted for the `70 cr one-off gain in staff-costs
Management guided for 10% growth in tractors on the back of a good monsoon
Our estimates for the core business come down by around 5%
CLSA ON TATA MOTORS
Maintain Buy, Target `545
Performance of JLR, China JV and India surprises positively
Management commentary on most issues of concern was sanguine
We believe more positive surprises on volumes and margins are possible
India business swings into profits earlier than we expected
Expect Tata Motors to deliver a strong 21% EPS Cagr over FY16-18
CS ON TATA MOTORS
Maintain Outperform, Target `470
JLR EBITDA margins stood at 16.2% vs our expectations of 15%
China JV continued to surprise positively with its profitability
Standalone PAT was boosted by higher standalone other income
Consolidated profit was around 50% higher than estimated
BOFA ML ON SUN PHARMA
Maintain buy, Target `960
Weak Q4 on operational weakness as well as forex loss mainly on account of Taro
US formulations at $ 580 mn below estimates despite a boost from Gleevec sales, Taro
Margins at 33% impacted by higher R&D & other expenses
Margins lower despite higher gross margins at 81% on account of Gleevec sales
Buyback expectations may support valuations in the near term
CLSA ON NTPC
Maintain Underperform, Targer `143
Weak operations and a delay in capitalisation hurt
Weak nos owing to clients not buying high-cost power from some of its plants
NTPC cut its FY17 commissioning target by 7%
Cut in FY17 commissioning target after missing FY16 target
Cash flow should remain depressed during FY17 on capex and capitalisation delays
Entry into fertilisers is a likely de-rating catalyst
CS ON NTPC
Raise target to `165 from `160, Maintain Outperform
NTPC reported healthy numbers in 4Q in the context of flat energy sales
NTPC has guided for strong 4.9GW of capacity addition in FY17
Large capacity additions are likely in FY18, leading to strong earnings growth
NTPC believes that it would be difficult to meet emission norms for old plants
CS ON AUROBINDO PHARMA
Strong quarter despite higher R&D; healthy improvement in Balance Sheet
Expect faster approvals to continue resulting in 20% US sales CAGR for 2 years
Margins should further improve as EU achieves breakeven
US sales increased driven by ramp up of Eptifibatide and gAbilify
Adjusted for higher R&D, margins have improved 110bps sequentially
Net debt for Aurobindo has reduced by $25mn in 4Q16 and $53mn in FY16
BOFA ML ON AUROBINDO PHARMA
Maintain Buy, Target `1050
Sustained operational momentum; was largely in line with our and consensus estimates
US biz growth on new launches in the oral and injectable segment and Natrol
EBITDA margins at 23.5%; miss on account of higher R&D
Actavis turns profitable during the year led by product pruning and cost efficiencies
BOFA ML ON MOTHERSON SUMI
Maintain Buy, Target `342
Strong earnings growth to be led by margin expansion
Expect Motherson's EPS to grow 36% and 25% respectively in FY17 and FY18
Estimates are now 8% above consensus, owing to higher margin assumptions
Stock is trading at P/E of 21x FY17 and 16x FY18 which is attractive
Management sees ROCE upside in each unit
Order backlog and new factories give growth visibility
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30 May 2016
08:00 am -
Today's Corporate Action
30th May Ex Date
GMBREW
Bonus issue 1:4
ITC
Dividend - Rs. - 8.5000
YESBANK
Final Dividend - Rs. - 10.0000
Today's Key Results
30th May
Auro Pharma( Cog Cons Est Net 564 Cr +40 % Yoy)
M&M ( Cog Est Net 682 Cr + 24 % Yoy)
Ntpc ( Cog Est Net 2284 Cr - 22 % Yoy)
Sun Pharma ( Cog Cons Est Net 1923 Cr + 117% Yoy)
Tata Mot( Cog Cons Est Net 3389 Cr + 97 % Yoy)
Ntpc ( Cog Est Net 2284 Cr - 22 % Yoy)
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25 May 2016
09:05 am -
MORGAN STANLEY : Upgrade India to Overweight from Equalweight
Less rich valuations & less crowded positioning in India
India's relative valuation to EMs comes off from record high levels
India is becoming a low-beta market within EMs
Rising dividends per share leading to more attractive dividend yield
India is still trading at a 36% premium vs MSCI EM
Expect further rate cut by another 50 bps in FY17
Less deflation threat, favourable demographics, low debt are supportive
GST Bill likely to be approved this yr; Monsoon seen above normal levels
09:06 am -
BROKERAGE RADAR:
MS ON TECH MAH: Believe outlook for telecom business is improving
MS ON TECH MAH: Q4 results beat expectations, outlook incrementally positive
MS ON TECH MAH: Stock has underperformed; P/E multiple at steep discount to larger peers
MS ON TECH MAH: Upgrade to Equalweight from Underweight; Raise target to ₹530 from ₹490
MS ON TECH MAH: Worst in earnings downgrade cycle appears to have passed
CLSA ON BANK OF INDIA: Maintain Sell with reduced target price of ₹65 from ₹70 earlier
CLSA ON BANK OF INDIA: NII was boosted by non-core gains
CLSA ON BANK OF INDIA: Stress in asset quality arose from
Monday, October 3, 2016