NSE : Q1 Strong results - can think of investing

STRONG RESULTS Ambuja, Zee, PI Inds, Ingersoll, Visaka Inds, Elecon Engg, IDFC, Aunde India, Ponni Sugars, Investment & Precision Castings, Canara Bank, Merck, JK Paper, Rane Engine, Himalay International, KG Denim, Hitachi Home, Eimco Elecon,Thyrocare, Tata Metaliks, Seshasayee Paper, Jayant Agro, Unichem Labs, Havells, Persistent Systems, Mphasis, Sanofi, Pneumatic Holdings, Eastern Treads, Rallis, Equitas, Hinduja Ventures,GNFC,Rane Brake, Heidelberg Cement,DB corp

Super results- Ambuja Cement -Q2 EBITDA Margin At 23.5% .

Heidelberg Cement Q1: good results Net Profit Of `26.3 Cr Vs `3.4 Cr EBITDA Up 70.9% EBITDA Margin At 18.8% Vs 11.8%

DB corp - super results Q1 Cons Net Profit up 61.4% Cons EBITDA up 51.5% Cons EBITDA Margin At 31.8% Vs 25.3% (YoY)

Excellent results from Ingersoll Rand Q1: EBITDA At Rs 11.5 Cr Vs Rs 0.7 Cr (YoY)
GNFC - v strong results EBITDA +54% At Rs 163.7 Cr Vs Rs 106.3 Cr (YoY) .

Rane Brake - v good results Net profit up 119% at Rs 10.5 cr EBIDTA up 61%; margins at 14.7% Vs 10.6% Total income up 17%

Zee Tele: good results Ad revenue growth of 19% ahead EBIDTA ahead PAT impacted due to one-off

IDFC bank – super results Q1 PAT at Rs 265 cr Vs DB est of 185 cr Q1 NII at Rs 499 cr Vs DB est of 443 cr GNPA down 1%

Symphony - good results Topline up 38% at 152 cr Gross margin at 57.8% vs 57.2% PAT up 40% at 31 c.

NIIT LTD - v strong margins improvement EBIDTA up 36%; margins at 9% vs 7%


Bajaj Finance - BIG BEAT Q1 NII up 45% Vs exp 36.1% growth PAT up 54% Vs exp 38.8% growth 1:1 bonus and 1:5 stock split

CLSA initiates on Adani Transmission with a target of `55 ie 46% upside

Sudarshan Chemicals: Morgan Stanley Asia buys 3.5lk shares @ 288.53/sh
Satin Credit: Morgan Stanley Asia buys 3.2 lk shares @579.49/sh

VV STRONG RESULTS from Transformers & Rectifiers Sales 160 cr Vs 63 cr EBIDTA margin + 8% Vs - 30%

V strong results from Shanthi Gears & Sumeet Industries

GHCL - strong results Net Profit up 67% EBITDA up 28.4% EBITDA Margin At 26.5% Vs 24.2%

Kalyani steels Q1 revnues at 417 vs 374 pat at 47 vs 29 margins at 21% vs 15.5%

Pincon Spirits Q1 Net profit at `9.1 cr vs `5.7 cr, up 59% (YoY) Net sales at `309 cr vs `231 cr, up 34% (YoY) Margins at 6.7% vs 5.3%

Max India -Nomura bought 16 lk shares; Rel MF bought 55 lk shares on FRIDAY,July 24.

Emkay Global: @porinju buys 13 lk shares at `78.68/sh

BULK DEALS UFO Moviez 3i Research sells 26.64 lk shares at `536.24/sh SBI MF buys 2.08 lk shares at `536.1/sh Reliance Capital buys 2 lk.

Reliance Life Insurance buys 1.61 lk shares MNYL Life buys 2.30 lk DSP Blackrock MF buys 5.94 lk

MS ON OMC Find valuations undemanding with FY18e EV/EBITDA at 5.5x, P/E at 8x Assume GRMs of ~$5.5-6/bbl in F17/18 vs $6.5/bbl in F16.
Upgrade IOC to Oveweight from Equalweight, Target `645 from `445 Maintain Overweight on HPCL, Target `1536 from 1001.
Maintain Overweight on BPCL, Target `749 from `545


IFB Inds revenues up 19%, PAT up 43%, Margins at 6% vs 6.3%
Chemfab revenues up 33%, PAT up 287%, Margins at 36.7% vs 18.7%
Thangamayil Jewellery: Radhakishan Damani owned Derive buys 2.5 lk shares at `278.
Star Ferro & Cement: Sundaram BNP fund buys 15.8 lk shares at `103, Promoters sellers.
Century Ply: Norges Bank buys 12 lk shares at `225; Promoters sellers.
L&T Infotech: Kotak Mahindra International buys 13.3 lk shares at `700.
Shriram City Union: Fast EM Fund buys 6.5 lk shares at `1900 Shriram City Union: FIL Investments buys 3.4 lk shares at `1900.
Shriram City Union: Northwest Venture Partners sells 16.4 lk shares at `1900