At the stock markets, the Sensex and the Nifty ended at fresh all-time highs. The S&P BSE Sensex jumped 546.41 points, or 1.02 per cent, to close at 54,369.77. The Nifty 50 rose 128.05 points, or 0.79%, to end at 16,258.80. But certain stocks came in the news after the market was closed. These stocks can impact the indices when it reopens on Thursday, August 5, 2021. List of such five stocks:

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IPO Updates: Devyani International + Krsnaa Diagnostic + Windlas Biotech + Exxaro Tiles 

Devyani International IPO: The initial public offering (IPO) of Devyani International, the operator of fast-food majors Pizza Hut, KFC and Costa Coffee in India, was subscribed 2.69 times on the first day of subscription, i.e., Wednesday, August 4, 2021. The QIB portion was subscribed 0.77 times while the NII and RII portions were subscribed 0.77 times and 11.37 times, respectively. The price band for the issue has been fixed at a price band of Rs 86-90 per share. The offer will be available till Friday, August 6, 2021. Devyani International aims to raise Rs 1,838 crore with the help of a fresh issue of equity shares worth Rs 440 crore and an offer-for-sale (OFS) of up to 155,333,330 equity shares worth Rs 1,398 crore by the promoter and existing shareholder. 

Krsnaa Diagnostic Limited: The initial public offering (IPO) of Krsnaa Diagnostics Ltd, one of the fastest-growing diagnostic chains in India, was subscribed 1.98 times on the first day of subscription, i.e., on Wednesday, August 4, 2021. The QIB portion was subscribed 0.48 times while the NII and RII portions were subscribed 0.15 times and 9.59 times, respectively. The price band for the issue has been fixed at Rs 933-954 per share. The offer will be available till Friday, August 6, 2021. The company is planning to raise Rs 1,213 crore from the IPO that comprises of fresh issue of Rs 400 crore and an offer for sale of 85.25 lakh shares aggregating up to Rs 813.33 crore. 

Windlas Biotech: The initial public offering (IPO) of Windlas Biotech, manufacturer of pharmaceutical formulations, was subscribed 3.17 times on the first day of subscription, i.e., on Wednesday, August 4, 2021. The NII portion was subscribed 0.34 times and the RII portion was subscribed 6.15 times, while the subscription for the QIB portion hasn’t started yet. The price band for the issue has been fixed at Rs 448-460 per share. The offer will be available till Friday, August 6, 2021. The company plans to raise Rs 401.53 crore at the upper price band from the IPO that comprises a fresh issue of Rs 165 crore, and an offer for sale of 51,42,067 equity shares worth Rs 236.54 crore by offer for sale

Exxaro Tiles: The initial public offering (IPO) of Exxaro Tiles, a leading manufacturer of vitrified tiles, was subscribed 4.67 times on the first day of subscription, i.e., on Wednesday, August 4, 2021. The QIB portion was subscribed 1.11 times, while the NII and RII portions were subscribed 0.65 times and 9.29 times, respectively. The price band for the issue has been fixed at Rs 118-120 per share. The offer will be available for subscription till Friday, August 6, 2021. The Rs 161.09 crore initial public offer has a fresh issue worth Rs 134.23 crore and an offer for sale of Rs 26.86 crore. 

Titan + HPCL + Apollo Tyres + Novelis (Hindalco)

Titan: Tata Group’s Titan Company on Wednesday reported a net profit of Rs 61 crore for the quarter ended June 30, 2021, as against a net loss of Rs 270 crore posted in the year-ago quarter. Sequentially, the profit dropped 88.5% as the company posted a profit of Rs 529 crore in the previous quarter ended March 31, 2021. The revenue from operations grew 78% YoY to Rs 3,314 crore in the period under review as against Rs 1,862 crore posted last year. On a quarter-on-quarter basis, the revenues dropped 53.5% from Rs 7,135 crore posted in the previous quarter. The company has posted an EBITDA of Rs 144 crore against an EBITDA loss of Rs 246 crore posted last year. EBITDA dropped 81.9% QoQ from Rs 795 crore posted in the previous quarter. The margin stands at 4.3% in Q1FY22 as against 11.1% posted in Q4FY22. In Q1FY22, the other income of the Company is higher compared to last year due to a dividend from TEAL of Rs 24 crore and higher interest income from significantly higher cash balances. The company also received rent waivers of Rs 7 crore, which was recognized under ‘Other Income’ of respective segments. Total store operational days were at 73%, 10% and 58% for the April, May and June months respectively and 47% for the quarter. 

HPCL: The state-owned Hindustan Petroleum Corporation Limited (HPCL) has reported a 40.5% QoQ decline in net profit at Rs 1,795 crore for the quarter ended June 30, 2021. It posted a net profit of Rs 3,018 crore in the previous quarter ended March 31, 2021. The revenue from operations dropped 3.2% QoQ to Rs 72,443 crore as against Rs 74,843 crore posted in the previous quarter. The EBITDA declined 31.6% QoQ to Rs 3,193 crore as against Rs 4,666 crore posted in the March quarter. The margins dropped to 4.4% in Q1FY22 as against 6.2% posted in Q4FY21. Highlights

- GRM $3.31

- During the quarter, HPCL commissioned 142 new retail outlets taking the total retail outlet network to 18,776 as of June 2021.  

- CNG facilities were added in 50 retail outlets taking the total number of HPCL outlets with CNG facilities to 724 as of June 2021  

Ethanol  

- HPCL achieved the highest ever Ethanol blending of 9.3% during the quarter, which is also the highest in the Industry. 

- HPCL became the first Oil Marketing Company to launch Ethanol Blended Petrol in the Ladakh region.  

Apollo Tyres: Gurugram-based tyre manufacturing company Apollo Tyres has posted a consolidated profit of Rs 127.8 crore for the quarter ended June 30, 2021, as against a consolidated loss of Rs 134.6 crore posted in the year-ago quarter. Sequentially, the profits dropped 51.3% as the company posted a profit of Rs 287.3 crore in the previous quarter ended March 31, 2021. Consolidated revenue from operations grew 59.1% to Rs 4,584.5 crore in the quarter under review as against Rs 2,882 crore posted last year. Sequentially, the revenue dropped 8.8% against a revenue of Rs 5.025.7 crore posted in the previous quarter. EBITDA jumped 139% to Rs 567 crore as against Rs 237.3 crore posted last year. On a quarter-on-quarter basis, the EBITDA declined 30.4% in Q1FY22 from Rs 814.7 crore posted in the March quarter. The margins grew to 12.4% in Q1FY22 as against 8.2% posted in Q1FY21 and 16.2% posted in Q4FY21. 

Hindalco: The aluminum rolling company will remain in focus today due as Novelis has declared its quarterly results and reported net income from operations at $24 crore for the first quarter of the fiscal year 2022 compared to a net loss of $7.9 crore in the prior-year period. Sales jumped 58.9% YoY to $385.5 crore as against $242.6 crore posted last year. Adjusted EBITDA grew 119% YoY to $55.5 crore as against $25.3 crore posted last year. EBITDA per ton shipped reached $57 crore, up 75% YoY and up 11% sequentially from Q4FY21. Shipments of 973-kilo tonnes, up 26% YoY. 

Sonata Software + Sumitomo Chemicals + Vardhman Special Steels + Tata Communications

Sonata Software Ltd.: The IT service management company has reported a 73.7% YoY rise in the consolidated profit at Rs 86.7 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 49.9 crore in the same quarter last year. Revenue on the consolidated basis grew 33.2% to Rs 1,269.5 crore as against Rs 952.4 crore posted last year. The EBITDA grew 29.4% to Rs 100.9 crore as against Rs 78 crore posted last year. The margin remained almost flat at 8% in Q1FY22 as against 8.2% posted in Q1FY21. 
Sumitomo Chemical India Ltd.: The chemical company has reported a 33.1% YoY rise in the consolidated profit at Rs 105.7 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 79.4 crore in the same quarter last year. Revenue on the consolidated basis grew 20.7% YoY to Rs 782 crore as against Rs 647.7 crore posted last year. The EBITDA grew 26.1% YoY to Rs 149.7 crore as against Rs 118.7 crore posted last year. The margin grew to 19.1% in Q1FY22 as against 18.3% posted in Q1FY21. 

Vardhman Special Steels:  The producer of special & alloy steels has reported a consolidated profit of Rs 27.8 crore for the quarter ended June 30, 2021, as compared to a consolidated loss of Rs 12.8 crore posted in the year-ago quarter. Revenue on a consolidated basis grew 386.2% YoY to Rs 330.1 crore as against Rs 67.9 crore posted last year. EBITDA profit stood at Rs 51 crore as against an EBITDA loss of Rs 9.4 crore posted last year. 

Tata Communications Ltd.: The telecommunications company has reported a 15.1% rise in the consolidated profit at Rs 297.8 crore for the quarter ended June 30, 2021. It had posted a profit of Rs 258.6 crore in the same quarter last year. Revenue on the consolidated basis dropped 6.8% to Rs 4,102.8 crore as against Rs 4,402.9 crore posted last year. The EBITDA dropped 5.3% YoY to Rs 986.1 crore in the quarter under review as against Rs 1,041.7 crore posted last year. The margins stood at 24% in Q1FY22 as against 23.7% posted in Q1FY21.

SBI Life + Coforge Bulk Deal

SBI Life Insurance Company: Carlyle will sell its entire 1.9% stake in SBI Life Insurance company today at Rs 1,130-1,126.85 per share, as per the term sheet. Carlyle will be able to raise around Rs 2,150 crore through the sale.

Coforge: Hulst BV sold 33.5 lakh shares at 4738.67. Nomura bought 3.5 lakh shares at 4710/share. 

Vodafone Idea + Shipping Corporation 

Vodafone Idea: Kumar Mangalam Birla has stepped down as the non-executive director and non-executive chairman of Vodafone Idea from August 4, 2021. Board has elected Himanshu Kapania as the non-executive chairman. Board also appointed Sushil Agarwal as an additional director. 

Shipping Corporation of India: The board has approved the demerger of non-core assets into a new company, which will be listed on BSE and NSE. The demerger is aimed at facilitating an efficient divestment of the Shipping Corporation of India by the Government of India. Post demerger, the shareholders of the Shipping Corporation will get 1 share in the new company for every share they held in the state-run shipping company.