All You Need To Know Going Into Trade On November 15

Asian stocks rose Monday as traders awaited key Chinese economic data. Treasuries were steady, bringing some respite from volatility caused by high inflation and the prospect of tighter monetary policy.

Shares climbed in Australia, South Korea and Japan. U.S. futures pushed higher after technology shares bolstered the S&P 500 on Friday. The yen slipped and the dollar was little changed.

The Singapore-traded SGX Nifty, an early indicator of India's Nifty 50 Index’s performance, added 0.41% to 18,207, as of 7:00 a.m.

Monday brings a deluge of economic data in China that is expected to show the nation’s V-shaped economic rebound is fading faster than expected.

Oil climbed as traders wait to see what Biden might do to alleviate gasoline prices amid growing criticism about the impact of rising costs.

Earnings Post Market Hours

Coal India Q2FY22 (Consolidated, QoQ)

• Revenue down 7.8% at Rs 23,291.08 crore Vs Rs 25,282.15 crore (BBG estimate: Rs 23,751 crore)

• Net profit down 7.3% at Rs 2,936.91 crore Vs Rs 3,169.86 crore (BBG estimate: Rs 3,048 crore)

• Ebitda down 18.6% at Rs 3,942.34 crore Vs Rs 4,843.85 crore (BBG estimate: Rs 4,798 crore)

• Margins at 16.9% vs 19.2%

ONGC Q2FY22 (Standalone, QoQ)

• Revenue up 5.8% at Rs 24,353.61 crore Vs Rs 23,021.64 crore (BBG estimate: Rs 25,265 crore)

• Net profit at Rs 18,347.73 crore Vs Rs 4,334.75 crore (BBG estimate: Rs 6,585.2 crore)

• Ebitda up 13.9% at Rs 12,527.53 crore Vs Rs 11,001.78 crore (BBG estimate: Rs 13,519.5 crore)

• Margins at 51.4% Vs 47.8% (BBG estimate: 53.5%)

• Declared an interim dividend of Rs 5.50 per share

Hero MotoCorp Q2FY22 (Standalone, QoQ)

• Revenue up 56% at Rs 8,543.4 crore Vs Rs 5,487 crore (BBG estimate: Rs 8,037.5 crore)

• Net Profit at Rs 794 crore Vs Rs 365 crore (BBG estimate: Rs 690 crore)

• Ebitda at Rs 1,156 crore Vs 515 crore (BBG estimate: Rs 904 crore)

• Margins at 13.5% Vs 9.4% (BBG estimate: 11.2%)

Grasim Industries Q2FY22 (Standalone, YoY)

• Revenue up 67% at Rs 4,933.03 crore Vs Rs 2,959.90 crore

• Net profit at Rs 979.14 crore Vs Rs 349.87 crore

• Ebitda at Rs 801.18 crore Vs Rs 334.58 crore

• Margins at 16.2% Vs 11.3%

• Paints business acquired five land parcels for plants

• Sales volume of key businesses touched pre-covid levels

Ashok Leyland Q2FY22 (Consolidated, YoY)

• Revenue up 44% at Rs 5,562.47 crore Vs Rs 3,852.84 crore

• Net loss at Rs 103.43 crore Vs Rs 122.95 crore

• Ebitda down 1% at Rs 575.95 crore Vs Rs 579.87 crore

• Margins at 10.4% Vs 15.1%

GMR Infrastructure Q2FY22 (Consolidated, YoY)

• Revenue up 59% at Rs 2,056.09 crore Vs Rs 1,293.76 crore

• Net loss at Rs 169.21 crore Vs Rs 750.03 crore

• Ebitda at Rs 639.97 crore Vs Rs 139.57 crore

• Margins 31.1% Vs 10.8%

SpiceJet Q2FY22 (Consolidated, YoY)

• Revenue up 26% at Rs 1,345.43 crore Vs Rs 1,070.56 crore

• Net loss at Rs 570.55 crore Vs Rs 105.61 crore

• Ebitda loss of Rs 308.33 crore Vs Ebitda gain of Rs 47.71 crore

• Expects to start with 737 Max on regulatory approvals

Nalco Q2FY22 (Consolidated, YoY)

• Revenue up 51% at Rs 3,592.18 crore Vs Rs 2,374.89 crore

• Net profit at Rs 747.80 crore Vs Rs 107.27 crore

• Ebitda at Rs 1,127.27 crore Vs Rs 275.87 crore

• Margins at 31.4% Vs 11.6%

• Declared interim dividend of Rs 2 per share

Apollo Hospitals Enterprise Q2FY22 (Consolidated, YoY)

• Revenue up 35% at Rs 3,717.07 crore Vs Rs 2,760.72 crore

• Net profit at Rs 267.41 crore Vs Rs 58.99 crore

• Ebitda at Rs 614.99 crore Vs Rs 299.85 crore

• Margins at 16.5% Vs 10.9%

PI Industries Q2FY22 (Consolidated, YoY)

• Revenue up 17% at Rs 1,354.20 crore Vs Rs 1,157.70

• Net profit up 6% at Rs 229.60 crore Vs Rs 217.60 crore

• Ebitda up 4% at Rs 292 crore Vs Rs 280.10 crore

• Margins at 21.56% Vs 24.19%

Suzlon Energy Q2FY22 (Consolidated, YoY)

• Revenue up 86% at Rs 1,346.51 crore Vs Rs 724.51 crore

• Net loss of Rs 10.55 crore Vs Net profit of Rs 675.77 crore

• Ebitda up 43% at Rs 182.95 crore Vs Rs 127.81 crore

• Margins at 13.6% Vs 17.6%

Burger King India Q2FY22 (Consolidated, YoY)

• Revenue at Rs 245.39 crore Vs Rs 96.71 crore

• Net loss at Rs 20.23 crore Vs Rs 38.50 crore

• Ebitda at Rs 25.58 crore Vs Rs 0.31 crore

• Margins at 10.4% Vs 0.3%

Jammu & Kashmir Bank Q2FY22 (Consolidated)

• NII up 3% at Rs 973.24 crore Vs Rs 943.99 crore (YoY)

• Net profit at Rs 111.6 crore Vs Rs 44.39 crore (YoY)

• GNPA at 8.95% Vs 9.69% (QoQ)

• NNPA at 3.02% Vs 2.94% (QoQ)

Amara Raja Batteries Q2FY22 (Consolidated, YoY)

• Revenue up 17% at Rs 2,264.15 crore Vs Rs 1,935.52 crore

• Net profit down 28% at Rs 144.32 crore Vs Rs 201.27 crore

• Ebitda down 21% at Rs 269.11 crore Vs Rs 340.17 crore

• Margins at 11.9% Vs 17.6%

• Declared an interim dividend of Rs 4 per share

Future Retail Q2FY22 (Consolidated, YoY)

• Revenue up 66% at Rs 2,368.79 crore Vs Rs 1,424.11

• Net loss at Rs 1,116.91 crore Vs Rs 692.36 crore

• Ebitda loss of Rs 354.04 crore Vs Rs 18.5 crore

Quess Corp Q2FY22 (Consolidated, YoY)

• Revenue up 23% at Rs 3,227.83 crore Vs Rs 2,615.07 crore

• Net profit down 18% at Rs 37.56 crore Vs Rs 45.68 crore

• Ebitda down 20% at Rs 112.32 crore Vs Rs 139.73 crore

• Margins at 3.5% Vs 5.3%

• Declared an interim dividend of Rs 4 per share

Manappuram Finance Q2FY22 (Consolidated, YoY)

• NII up 5% at Rs 1,039.55 crore Vs Rs 994.33 crore

• Net profit down 9% at Rs 369.88 crore Vs Rs 405.44 crore

• Declared an interim dividend of 75 paise per share

• Appointed Shailesh Mehta as the Chairperson of the company

Glenmark Pharmaceuticals Q2FY22 (Consolidated, YoY)

• Revenue up 7% at Rs 3,147.44 crore Vs Rs 2,952.47 crore

• Net profit up 10% at Rs 257.66 crore Vs Rs 234.03 crore

• Ebitda up 7% at Rs 590.16 crore Vs Rs 552.8 crore

• Margins at 18.8% Vs 18.7%

IPCA Laboratories Q2FY22 (Consolidated, YoY)

• Revenue up 13% at Rs 1,544.43 crore Vs Rs 1,361.10 crore

• Net profit down 6% at Rs 250.23 crore Vs Rs 267.07 crore

• Ebitda down 1% at Rs 365.58 crore Vs Rs 360.19 crore

• Margins at 23.7% Vs 26.5%

• Declared an interim dividend of Rs 8 per share

• Approved 2-for-1 split of shares

JK Cement Q2FY22 (Consolidated, YoY)

• Revenue up 16% at Rs 1,895.01 crore Vs Rs 1,634.39 crore

• Net profit down 32% at Rs 151.33 crore Vs Rs 221.73 crore

• Ebitda down 24% at Rs 329.74 crore Vs Rs 431.41 crore

• Margins at 17.4% Vs 26.4%

Dish TV India Q2FY22 (Consolidated, YoY)

• Revenue down 15% at Rs 718.15 crore Vs Rs 846.36 crore

• Net profit down 54% at Rs 30.78 crore Vs Rs 66.36 crore

• Ebitda down 19% at Rs 426.97 crore Vs Rs 525.31 crore

• Margins at 59.5% Vs 62.1%

Dilip Buildcon Q2FY22 (Consolidated, YoY)

• Revenue up 1% at Rs 2,218.95 crore Vs Rs 2,186.66 crore

• Net loss of Rs 444.47 crore Vs Net profit of Rs 8.69 crore

• Ebitda down 88% at Rs 52.50 crore Vs Rs 452.41 crore

• Margins at 2.4% Vs 20.7%

Granules India Q2FY22 (Consolidated, YoY)

• Revenue up 4% at Rs 888.33 crore Vs Rs 858.12 crore

• Net profit down 51% at Rs 80.67 crore Vs Rs 163.63 crore

• Ebitda down 41% at Rs 151.18 crore Vs Rs 256.40 crore

• Margins at 17% Vs 29.9%

• Declared second interim dividend of 25 paise per share

City Union Bank Q2FY22

• NII up 1% at Rs 478.25 crore Vs Rs 475.14 crore (YoY)

• Net profit up 15% at Rs 182.09 crore Vs Rs 157.66 crore (YoY)

• GNPA at 5.58% Vs 5.59% (QoQ)

• NNPA at 3.48% Vs 3.49% (QoQ)

Stocks To Watch

• Maruti Suzuki India: The company has received clearance from Haryana government to set up a new plant over 900 acres of land at Kharkhoda in Sonipat district of the state.

• Wipro: The company has joined CargoWise Service Partner Network to enable global supply chain transformation. Wipro CargoWise experts will help transportation and logistics companies transform digitally.

• Gati: Rohan Mittal has stepped down as the CFO and Chief Transformation Officer of the company with effect from the close of business hours on November 12.

• Indian Oil Corporation and NTPC have signed a Memorandum of Understanding to collaborate and mutually explore opportunities in the field of renewable energy.

• Aster DM Healthcare: The company is mulling split of Gulf, India units. May make demerger decision within three months, said Chairman Azad Moopen. It will also decide on bond issue within a couple of months.

• Shriram Transport Finance Company: Allotted 21,000 secured NCDs of face value of Rs 10 lakh each aggregating to Rs 2,100 crore. The coupon rate has been fixed at 8.37% per annum for a period of 10 years.

• PB Fintech, SJS Enterprises and Sigachi Industries will make their debut on the BSE and NSE today.

Offerings

• Latent View Analytics IPO has become the most subscribed offer of the year so far. The issue by the data analytics firm was subscribed 326.5 times on the final day.

Pledge Share Details

• Chambal Fertilisers & Chemicals: Promoter Zuari Global revoked pledge of 12 lakh shares on November 10.

Bulk Deals

• InterGlobe Aviation: UBS Principal Capital Asia sold 42.36 lakh shares (1.10%) at Rs 2,125.30 per share. Societe Generale bought 42.36 lakh shares (1.10%) at Rs 2,125.30 per share.

• Fino Payments Bank: Societe Generale sold 12.10 lakh shares at Rs 528.86 per share.

Who’s Meeting Whom

• Tatva Chintan Pharma Chem: To meet Dolat Capital on November 17.

Trading Tweaks

• Ex-Date Final Dividend: Gillette India

• Ex-Date Interim Dividend: SMC Global Securities

• Ex-Date Amalgamation: Tata Steel Bsl

• Record Date Interim Dividend: Sun TV Network, Prince Pipes and Fittings

• Record Date InvIT: POWERGRID Infrastructure Investment Trust

• Move Out Of ASM Framework: Indiabulls Real Estate, Equitas Holdings, ADF Foods, Tata Steel Bsl

Trading Tweaks

• Ex-Date Final Dividend: Gillette India

• Ex-Date Interim Dividend: SMC Global Securities

• Ex-Date Amalgamation: Tata Steel Bsl

• Record Date Interim Dividend: Sun TV Network, Prince Pipes and Fittings

• Record Date InvIT: POWERGRID Infrastructure Investment Trust

• Move Out Of ASM Framework: Indiabulls Real Estate, Equitas Holdings, ADF Foods, Tata Steel Bsl

Money Market Update

• The rupee ended at 74.44 against the U.S. Dollar on Friday as compared to Thursday's closing of 74.51.

F&O Cues

• Nifty November futures ended at 18,141.25; a premium of 38.5 points.

• Nifty November futures shed 6.32% and 13,616 shares in Open Interest

• Nifty Bank November futures ended at 38,860; a premium of 126.65 points

• Nifty Bank November futures shed 12.73% and 11,321 shares in Open Interest

• Securities in the ban list: Escorts, Punjab National Bank, Sun TV, Bank of Baroda, BHEL, Indiabulls Housing Finance, SAIL

• Securities added to the ban list: Nalco