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Stock Market Today: All You Need To Know Going Into Trade On Aug. 5

Stocks in the news, big brokerage calls of the day, complete trade setup and much more!

<div class="paragraphs"><p>(<a href="https://unsplash.com/@iamromankraft">Roman Kraft</a>/Unsplash)</p></div>
(Roman Kraft/Unsplash)

Asian equities rose amid slew of earnings and decisions from central banks to tackle inflation.

Shares gained in Japan, South Korea and Australia. US futures were volatile after the S&P 500 ended little changed.

At 7:20 am, the Singapore-traded SGX Nifty -- an early barometer of India's benchmark Nifty 50 -- traded 0.30% higher at 17,449.50 points. The West Texas Intermediate crude was at $88.48 a barrel, down 0.1%

Stock Market Today: All You Need To Know Going Into Trade On Aug. 5

Earnings Post Market Hours

Adani Enterprises Q1 FY23 (Consolidated, QoQ)

  • Revenue up 64% at Rs 40844.25 crore Vs Rs 24,865.52 crore

  • EBITDA up 38% at Rs 1,742.39 crore Vs Rs 1,262.44 crore

  • EBITDA margin 4.3% Vs 5%

  • Net profit up 54% at Rs 469.46 crore Vs Rs 304.32 crore

Container Corporation of India Q1 FY23 (Consolidated, YoY)

  • Revenue up 10% at Rs 1,993.99 crore Vs Rs 1,819.94 crore (Bloomberg estimate: Rs 2,059.9 crore)

  • EBITDA up 9% at Rs 478.75 crore Vs Rs 438.2 crore (Bloomberg estimate: Rs 332.8 crore)

  • EBITDA margin 24% flat

  • Net profit up 15% at Rs 297.08 crore Vs Rs 259.23 crore

  • Declared interim dividend of Rs 2 per share of face value of Rs 5 each

Dalmia Bharat Q1 FY23 (Consolidated, YoY)

  • Revenue up 27% at Rs 3,302 crore Vs Rs 2,591 crore (Bloomberg estimate: Rs 3,191.7 crore)

  • EBITDA fell 18% at Rs 589 crore Vs Rs 717 crore (Bloomberg estimate: Rs 535.6 crore)

  • EBITDA margin 18% Vs 28%

  • Net profit fell 27% at Rs 196 crore Vs Rs 269 crore (Bloomberg estimate: Rs 144.4 crore)

Gujarat Alkalies & Chemicals Q1 FY23 (Consolidated, YoY)

  • Revenue up 58% at Rs 1128.33 crore Vs Rs 716.44 crore

  • EBITDA up 3x at Rs 381.76 crore Vs Rs 126.96 crore

  • EBITDA margin 34% Vs 18%

  • Net profit up 3x at Rs 190.87 crore Vs Rs 63.12 crore

Gujarat State Petronet Q1 FY23 (Consolidated, YoY)

  • Revenue up 63% at Rs 5,669.6 crore Vs Rs 3,481.66 crore

  • EBITDA fell 12% at Rs 973.51 crore Vs Rs 1101.21 crore

  • EBITDA margin 17% Vs 32%

  • Net profit fell 7% at Rs 473.12 crore Vs Rs 509.46 crore

BEML Q1 FY23 (Consolidated, YoY)

  • Revenue up 43% at Rs 669.18 crore Vs Rs 467.19 crore

  • EBITDA loss fell 16% at Rs 55.79 crore Vs Rs 66.1 crore

  • EBITDA margin -8% Vs -14%

  • Net loss fell 12% at Rs 82.36 crore Vs Rs 94.01 crore

Bayer Cropscience Q1 FY23 (Consolidated, YoY)

  • Revenue up 18% at Rs 1,667.4 crore Vs Rs 1,415.9 crore

  • EBITDA up 23% at Rs 395.10 crore Vs Rs 322.3 crore

  • EBITDA 24% Vs 23%

  • Net profit up 19% at Rs 302.6 crore Vs Rs 253.7 crore

Balkrishna Industries Q1 FY23 (Consolidated, YoY)

  • Revenue up 45% at Rs 2,619.43 crore Vs Rs 1,802.87 crore

  • EBITDA fell 13% at Rs 443.98 crore Vs Rs 511.17 crore

  • EBITDA margin 17% Vs 28%

  • Net profit fell 7% at Rs 306.96 crore Vs Rs 330.56 crore

  • Declared interim dividend of Rs 4 per share of face value of Rs 2 each

Alembic Pharma Q1 FY23 (Consolidated, YoY)

  • Revenue fell 5% at Rs 1262.14 crore Vs Rs 1326.03 crore

  • EBITDA fell 94% at Rs 14.65 crore Vs Rs 233.75 crore

  • EBITDA margin 1% Vs 18%

  • Net loss 65.88 crore Vs net profit of Rs 158.27 crore

Manappuram Finance Q1 FY23 (Consolidated, YoY)

  • Revenue fell 11% at Rs 1,099.11 crore Vs Rs 1,233.07 crore

  • EBITDA fell 21% at Rs 764.15 crore Vs Rs 962.02 crore

  • EBITDA margin 70% Vs 78%

  • Net profit fell 32% at Rs 290.12 crore Vs Rs 425.21 crore

LIC Housing Finance Q1 FY23 (Consolidated, YoY)

  • Revenue up 9% at Rs 5,255.11 crore Vs Rs 4,828.54 crore

  • EBITDA up 27% at Rs 4,750.88 crore Vs Rs 3,717.23 crore

  • EBITDA margin 90.4% Vs 77%

  • Net profit up 6x at Rs 926.89 crore Vs Rs 151.07 crore

Opinion
Adani Enterprises Q1 Results: Profit Jumps 54%, Revenue Surges 64%

Stocks To Watch

  • Adani Enterprises: The company, through its subsidiary Adani Road Transport signed a share purchase agreement with Macquarie Asia Infrastructure Fund India to 100% stake in Andhra Pradesh toll roads portfolio and 56.8% stake in Gujarat Road and Infrastructure. Total consideration is Rs 3,110 crore.

  • Adani Ports & SEZ: AD Ports and Adani Ports signed a key agreement for strategic joint investments in end-to-end logistics infrastructure and solutions in Tanzania. It will include rail, maritime services, port operations, digital services, an industrial zone and the establishment of maritime academies in Tanzania.

  • Axis Bank: The bank has terminated the agreement with OpenPayd Holdings for sale of its UK arm. The parties have mutually decided not to go ahead with the transaction. The bank will now initiate the winding up process of Axis Bank UK

  • Berger Paints: The company has appointed Vikash Sarda as the Chief Financial Officer with effect from October 1.

Opinion
BOE Raises Rates By Most Since 1995, Warns Of Long Recession

Earnings

Mahindra & Mahindra, One97 Communications, FSN E-Commerce Ventures, Titan, Fortis Healthcare, Alkem Laboratories, Indigo Paints, Greenply Industries, Engineers India, Chemplast Sanmar, CCL Products, Caplin Point Laboratories, CAMS, BLS International Services, Automotive Axles, Aptus Value Housing Finance, Akzo Nobel, Pfizer, Petronet LNG, Paisalo Digital, Motherson Sumi Wiring India, C.E. Info Systems, Jindal Saw, Jubilant Ingrevia, Kirloskar Ferrous, Zensar Technologies, UCO Bank, Rolex Rings, Raymond

Insider Trades

  • Apcotex Industries: Promoter Group Aquamarine Trading and Investments bought 475 shares on August 3.

  • Astec LifeSciences: Promoter Godrej Agrovet bought 18,543 shares between August 1 and August 3.

Bulk Deals

  • Macrotech Developers: Ivanhoe OP India INC sold 26.44 lakh (0.54%) shares at Rs 1,048 apiece and 43.84 lakh (0.91%) shares at Rs 1047.21 apiece.

Who’s Meeting Whom

  • CG Power and Industrial Solutions: To meet investors and analysts on August 5.

  • CCL Products (India): To meet investors and analysts on August 5.

  • Amber Enterprises India: To meet investors and analysts on August 10.

  • Raymond: To meet investors and analysts on August 8.

  • Delhivery: To meet investors and analysts on August 9.

  • Persistent Systems: To meet investors and analysts on August 5.

  • Chemplast Sanmar: To meet investors and analysts on August 8.

  • Sharda Motor Industries: To meet investors and analysts on August 12.

  • G R Infraprojects: To meet investors and analysts on August 10.

  • Alicon Castalloy: To meet investors and analysts on August 12.

  • Vijaya Diagnostic Centre: To meet investors and analysts on August 10.

  • Krishna Institute Of Medical Sciences: To meet investors and analysts on August 11.

  • Dodla Dairy: To meet investors and analysts on August 5.

  • Varroc Engineering: To meet investors and analysts on August 12.

  • MTAR Technologies: To meet investors and analysts on August 10.

  • Capri Global Capital: To meet investors and analysts on August 10.

  • EKI Energy Services: To meet investors and analysts on August 5.

  • Healthcare Global Enterprises: To meet investors and analysts on August 10.

  • Mrs. Bectors Food Specialties: To meet investors and analysts on August 10.

  • Krsnaa Diagnostics: To meet investors and analysts on August 5.

  • Aarti Industries: To meet investors and analysts on August 11.

AGMs today

  • Mahindra & Mahindra

  • Marico

  • NIIT

Opinion
Reliance Brands To Bring Balenciaga To India

Trading Tweaks

  • Ex-Date Special Dividend: Sanofi India

  • Ex-Date Interim Dividend: Dr. Lal PathLabs

  • Record-Date Interim Dividend: Symphony, Crisil

  • Record-Date Dividend: Delta Corp

  • Record-Date Final Dividend: Matrimony.com, Lloyds Metals And Energy, Delta Corp, Andhra Paper

  • Move Into Short-Term ASM Framework: Nazara Technologies

  • Move Out Of Short-Term ASM Framework: Astra Microwave Products, Shalimar Paints

Money Market Update

The rupee ended at Rs 79.47 against the U.S. Dollar on Thursday as compared to Wednesday's closing of Rs 79.16

F&O Cues

  • Nifty August futures ended at 17,370, a discount of 12 points.

  • Nifty August futures added 1.90% and 3,720 shares in Open Interest.

  • Nifty August futures ended at 37,725, a discount of 30.55 Points.

  • Nifty August futures shed 4.73%, 4,464 shares in Open Interest.

  • Securities in the ban list: Escorts.

Stock Market Today: All You Need To Know Going Into Trade On Aug. 5

Research Reports

Opinion
India's Current Account Deficit Projected To Widen In FY23, Then Stabilise, Says IMF