26th May, 2021 Morning Brief

Market will open on a flat note today. 

In absence of any major event, global cues will continue to dictate the market trend in near future. Besides, any news of unlocking by the state governments will also be closely watched as we're seeing a sustained decline in new COVID cases but some increasing numbers data in daily cases of covid pulled the index down from their start high yesterday.

Important Results Today :

Berger Paints India, Bharat Petroleum Corporation, Burger King India, Allsec Technologies, Arvind, Astra Microwave Products, Cummins India, LT Foods, Datamatics Global Services, FDC, Hindustan Composites, Hindustan Foods, J Kumar Infraprojects, Manappuram Finance, Mold-Tek Packaging, Pfizer, Pricol, Saksoft, Sharda Cropchem, Sicagen India, The Investment Trust Of India. 

🎯 News & Impact 🎯

AstraZeneca Pharma India Q4FY21 (QoQ)*

Revenue up 5% at Rs 210.25 crore Vs Rs 200.25 

Net profit up 30% at Rs 27.27 crore Vs Rs 21.05 crore 

Ebitda up 31% at Rs 40.40 crore Vs Rs 30.75 crore 

Ebitda margin at 19.2% Vs 15.4%

*Bayer Cropscience Q4FY21 (QoQ)*

Revenue down 20% at Rs 733.70 crore Vs Rs 918.20 crore 

Net profit of Rs 61.90 crore Vs Net loss of Rs 45.10 crore 

Ebitda down 22% at Rs 82.70 crore Vs Rs 106 crore 

Ebitda margin at 11.3% Vs 11.5%

*Lux Industries Q4FY21 (Consolidated, QoQ)* 

Revenue up 11% at Rs 596.13 crore Vs Rs 537.61 crore 

Net profit up 21% at Rs 90.64 crore Vs Rs 75.20 crore 

Ebitda up 16% at Rs 123.78 crore Vs Rs 106.84 crore 

Ebitda margin at 20.8% Vs 19.9%

🎯 VIP Industries Q4FY21 (Consolidated, QoQ)*

Revenue up 5% at Rs 243 crore Vs Rs 232.53 crore 

Net loss at Rs 3.78 crore Vs Rs 7 crore 

Ebitda down 65% at Rs 3.20 crore Vs Rs 9.19 crore 

Ebitda margin 1.3% Vs 4%

🎯 Anjani Portland Cement : The company board recommended a final dividend of Rs 5 per equity share.

🎯 AIA Engineering : 

The company board has recommended a final dividend of Rs 9 per equity share.

🎯  Bodal Chemicals : 

The company has incorporated a wholly-owned subsidiary in Indonesia.

🎯 Precision Camshafts : 

The company board has recommended a final dividend of Re 1 per equity share.

🎯 Kirloskar Brothers Ltd. : Company recommended a final dividend of 3 per equity share.

🎯 Hinduja Global Solutions :

To hire up to 250 remote customer service representatives in Montreal, Quebec to support its ongoing growth of its Canadian entity.

🎯 Aarti Surfactants : 

Promoter Chandrakant Gogri sold 80,000 shares (1.05%) at Rs 1,404.22 per share.

Negative.