Stock Market Today: All You Need To Know Going Into Trade On Aug. 16

Asian equities are set for a cautious open on Tuesday amid rising concerns over economic slowdown, dollar strengthening and slide in commodity costs.

Japanese, Australian and Hong Kong equities are set for a muted start after technology firms such as Tesla Inc. and Apple Inc. powered a positive close to S&P 500 index on Monday.

At 5:55 am, the Singapore-traded SGX Nifty -- an early barometer of India's benchmark Nifty 50 -- traded 0.34% higher at 17,846 points.

Oil fell below $89 a barrel on demand concerns and the possible return of Iranian supplies.

Hero Motocorp Q1 FY23 (Standalone, QoQ)

• Revenue up 13% to Rs 8,392.5 crore Vs Rs 7,422 crore (Bloomberg estimates: Rs 8,709 crore)

• EBITDA up 14% at Rs 941 crore Vs Rs 828 crore (Bloomberg estimates: Rs 1,087 crore)

• EBITDA margin unchanged at 11.2% (Bloomberg estimates: 12.5%)

• Net profit flat at Rs 624.5 crore compared with Rs 627 crore (Bloomberg estimates: Rs 766 crore)

Life Insurance Corporation of India Q1 FY23 (Consolidated, QoQ)

• Revenue down 20% at Rs 1,69,601 crore Vs 2,12,230 crore

• Net profit down 75% to Rs 603 crore Vs Rs 2,409 crore

• Solvency at 1.88 Vs 1.85

• VNB at Rs 1,861 crore

• VNB margin at 13.6%

Oil and Natural Gas Corporation (Consolidated, QoQ)

• Revenue up 17% at Rs 1,82,894 crore Vs Rs 155,920 crore (Bloomberg estimate: Rs 45,530.7)

• EBITDA fell 23% at Rs 18,855.01 crore Vs Rs 24,411.23 crore (Bloomberg estimate: Rs 28,379.8 crore)

• EBITDA margin 10% Vs 16%

• Net profit up 13% at Rs 11,936.64 crore Vs Rs 10,550.29 crore

Aegis Logistics Q1 FY23 (Consolidated, QoQ)

• Revenue up 6% at Rs 2,235 crore Vs Rs 2,104 crore

• EBITDA fell 41% at Rs 84.52 crore Vs Rs 143.08 crore

• EBITDA margin 4% Vs 7%

• Net profit up 9% at Rs 103.37 crore Vs Rs 94.75 crore

Apollo Tyres Q1 FY23 (Consolidated, YoY)

• Revenue up 30% at Rs 5,942 crore Vs Rs 4,584 crore

• EBITDA up 22% at Rs 689.80 crore Vs Rs 566.7 crore

• EBITDA margin 11.6% Vs 12.3%

• Net profit up 49% at Rs 190.68 crore Vs Rs 127.78 crore

Astral Q1 FY23 (Consolidated, YoY)

• Revenue up 73% at Rs 1,213 crore Vs Rs 701 crore

• EBITDA up 33% at Rs 171.70 crore Vs Rs 129.4 crore

• EBITDA margin 14% Vs 18%

• Net profit up 20% at Rs 88.9 crore Vs Rs 73.9 crore

Eureka Forbes (Consolidated, QoQ)

• Revenue up 41% at Rs 526 crore Vs Rs 374 crore

• EBITDA up 2x at Rs 46.05 crore Vs Rs 20.07 crore

• EBITDA margin 9% Vs 5%

• Net profit up 4x at Rs 19.8 crore Vs Rs 4.62 crore

Restaurant Brands Asia Q1 FY23 (Consolidated, QoQ)

• Revenue up 22% at Rs 489 crore Vs Rs 400 crore

• EBITDA up 44% at Rs 29.22 crore Vs Rs 20.23 crore

• EBITDA margin 6% VS 5%

• Net loss narrowed to Rs 50.88 crore Vs Rs 81.53 crore

Zee Entertainment Enterprises Q1 FY23 (Consolidated, QoQ)

• Revenue fell 21% at Rs 1,846 crore Vs Rs 2,323 crore

• EBITDA fell 53% at Rs 235.76 crore Vs Rs 506.8 crore

• EBITDA margin 13% Vs 22%

• Net profit fell 41% at Rs 106.6 crore Vs Rs 181.93 crore

• Ambuja Cements: The Competition Commission of India approved Gautam Adani’s the acquisition of Holcim Group’s stake in Ambuja Cements and ACC.

• Jindal Steel & Power: The company appointed Bimlendra Jha as Managing Director with effect from Aug. 14. Jha will replace Vidya Rattan Sharma after the completion of his term on Aug. 13.

• HDFC/HDFC Bank: The merger between the two companies received the approval of CCI.

• Indiabulls Real Estate: The company’s joint Managing Director Gurbans Singh and Chief Financial Officer resigned with effect from Aug. 12.

• DFM Foods: Promoters AI Global (Cyprus) Investments and AI Darwin (Cayman) to acquire all shares held by public shareholders and voluntarily delist the shares from BSE, NSE. JM Financial has bee appointed as the manager to the delisting proposal.

• Max Financial Services: Promoter Max Ventures Investment Holdings created a pledge of 2.73 lakh shares on August 10.

• Emami: Promoter Group Sneha Enclave revoked a pledge of 3.12 lakh shares on August 8.

• Sterling and Wilson Renewable Energy: Promoter Shapoorji Pallonji and Company created a pledge of 68.78 lakh shares on August 11.

• LG Balakrishnan & Bros: Promoter Nithin Karivardhan sold 10,000 shares on August 11.

• Westlife Development: Promoter Groups Achal Jatia sold 6.99 lakh shares, Shri Ambika Trading Company and Saubhagya Impex sold 40,000 shares each on August 10.

• Ultramarine & Pigments: Promoter Thirumalai Chemicals bought 54,020 shares on August 12.

• V I P Industries: Promoter Kiddy Plast bought 3 lakh shares on August 11.

• Usha Martin: Promoter Amisha Jhawar bought 10,000 shares on August 10.

• Astec LifeSciences: Promoter Godrej Agrovet bought 50,060 shares on August 10.

• Man Infraconstruction: Promoter & Director Parag K Shah bought 1 lakh shares between August 10 and August 11.

• Crompton Greaves Consumer Electricals: Promoter Group MacRitchie Investments sold 2.14 crore shares on August 5.

• AU Small Finance Bank: Promoter Group MYS Holdings sold 25 lakh shares and Promoter Shakuntala Agarwal sold 50 lakh shares on August 12.

• Godrej Agrovet: Promoter Godrej Industries bought 57,000 shares on August 8.

• Shriram City Union Finance Limited: Dynasty Acquisition (FPI) sold 12.85 lakh (1.92%) shares and 9.51 lakh (1.42%) shares at Rs 2,000 apiece.

• AU Small Finance Bank: Shakunta Agarwal sold 50 lakh (0.75%) shares at Rs 628.73 apiece.

• Sanghi Industries: Flarezeal Solutions LLP bought 40 lakh (1.59%) shares and Kachchh Hospitality sold 40.03 lakh (1.59%) shares at Rs 42.40 apiece.

• Fiem Industries: To meet investors and analysts on August 16.

• Texmaco Rail and Engineering: To meet investors and analysts on August 16.

• Ahluwalia Contracts India: To meet investors and analysts on August 16.

• Shriram Properties: To meet investors and analysts on August 16.

• Rupa & Company: To meet investors and analysts on August 16.

• Neogen Chemicals: To meet investors and analysts on August 16.

• Aegis Logistics: To meet investors and analysts on August 16.

• The Ramco Cements: To meet investors and analysts on August 16 and August 17.

AGMs today

• HCL Technologies

• Price Band Revised From 20% To 10%: Sree Rayalaseema Hi Strength Hypo

• Record Date Interim Dividend: Eris Lifesciences

• Record-Date Income Distribution RITES: Mindspace Business Parks REIT

• Record-Date Final Dividend: Triveni Turbine

• Move Into Short-Term ASM Framework: Jagran Prakashan, Wonderla Holidays

• Move Out Of Short-Term ASM Framework: Kansai Nerolac Paints, Brightcom Group

The rupee ended at Rs 79.65 against the U.S. Dollar on Friday as compared to Thursday's closing of Rs 79.63

• Nifty August futures ended at 17,716.90, a premium of 18.75 points.

• Nifty August futures shed 0.40% and 864 shares in Open Interest.

• Nifty August futures ended at 39,103.95, a premium of 61.65 Points.

• Nifty August futures shed 0.64%, 752 shares in Open Interest.