Stocks to Watch: शेयर बाजार में सोमवार को दमदार तेजी देखने को मिल सकती है. अच्छे ग्लोबल संकेतों के चलते प्रमुख इंडेक्स हरे निशान में खुल सकते हैं. बाजार के अच्छे मूड में चुनिंदा शेयर फोकस में रहने वाले हैं, जो नतीजों, खबरों और ब्रोकरेज के अपग्रेड के साथ रडार पर रहेंगे. इन शेयरों में SBI, Bank of Baroda, JK Cements, Metropolis, Vedanta, Indigo, Vedanta और Titan के शेयर शामिल हैं. 

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1.SBI

Strong results

Improved asset quality

Management confident of 16 to 17% credit growth in FY24 

Management highlights of domestic NIM compression of 3 to 5 bps in coming quarters 

Bank makes a provision of Rs 3900 cr for wage revision 

NII Up 12.3%, Profit Rs 14330 cr v/s estimate of Rs 1350 cr

Domestic NIM 3.43% v/s 3.47%, QoQ  

GNPA 2.55% v/s 2.76%, QoQ  

Brokerage Mix

Goldman Sachs on State Bank of India (CMP: 578) 

Maintain Buy, Target cut to 710 from 746  

Jefferies on State Bank of India (CMP: 578) 

Maintain Buy, Target raised to 780 from 760 

2.Bank of Baroda

Not great results, NIMs below estimate

Slippages and provisioning increased

NII Up 6.4%, Profit Up 28.3% to Rs 4253 cr

Slippages Up 24.5% YoY and 76.6% QoQ

Global NIM 3.07% v/s 3.27%

JP Morgan on Bank of Baroda (CMP: 204) 

Maintain Overweight, Target raised to 250 from 230 

3.Crompton Greaves consumers

Results In Line with estimates

Operationally weak 

Revenues Up 5%, Profit Down 23%

Margins Down to 9.8% v/s 11.4%

4.Metropolis

Results In Line with estimates

Operationally weak 

Revenues Up 3%, Profit Down 10%

Margins at 24.3% vs 26.3% (Est 25.6%)  

5.JK Cement

Best results in cement industry

Strong operational performance

Revenues Up 23.6%, Profit Up 60.8% 

Margin Up to 17% vs 13.7%

6.Vedanta

Operationally very strong numbers

Highest ever quarterly revenue

Second highest quarterly EBITDA

Loss due to exceptional expenses only

Revenues Up 6%, MARGIN  29.5% Vs 21%

Loss of Rs 1783 cr v/s profit of Rs 1808 cr

exceptional expense of 6128 Cr due to opting for the new tax regime

7.Interglobe Aviation

Better than estimates

Profit of Rs 189 cr v/s expectation of loss of Rs 2060 cr

Margin 16.4% Vs estimate of 15.8%

Revenues down 10.4%

Brokerage mix

JP Morgan on InterGlobe Aviation (CMP: 2509) 

Maintain Overweight, Target raised to 2910 from 2880 

Citi on InterGlobe Aviation (CMP: 2509) 

Maintain Buy, Target cut to 2900 from 3400 

8.Aarti Ind

Operationally strong Results

Margin 16% VS 15.8%

Profit Rs 91 cr v/s estimate of Rs 60 cr

Revenues down 13.7%

9.Titan + Zomato in focus

Brokerage Upgrade both stocks after results

CLSA has highest target on both

CLSA on Titan Co (CMP: 3001) 

Upgrade to Buy from Outperform, Target raised to 3948 from 3540

CLSA on Zomato (CMP: 117) 

Upgrade to Buy from Outperform, Target raised to 168 from 120 

10.JK Paper

Weak Results

Traders favourite stock 

Can impact whole sector

MARGIN 25 % VS 33 %  

Profit Down 7%, Revenues flat