Dealing Room

 
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The show that sets you up for your trading day. All the overnight global cues, expert opinions and stories that are relevant to India Inc and the economy


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RBL Bank Q1 profit jumps 45%

10 hrs ago | 10 hrs ago

July 21: “Post demonetisation, stress in rural market and farm loan waiver, a spike in micro banking NPA was expected,” says Rajeev Ahuja, Executive Director at RBL Bank in a chat with BTVi's Samina Nalwala on Bank’s FY18Q1.

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Wipro's Rs 11,000 Cr buyback

12 hrs ago | 12 hrs ago

July 21: Wipro recorded a higher-than-expected growth in revenue FY18Q1 and announced it would buy back equity shares up to Rs 11,000 crore. Samina Nalwala of BTVi discusses this in detail with Ankit Pande of quant Global.

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RIL posts strong Q1

12 hrs ago | 12 hrs ago

July 21: RIL has posted its Q1FY18 with net profit up 28 per cent at Rs 9079 Cr Vs Rs 7077 Cr YoY. To decode the quarter in detail, Samina Nalwala and Piyush Jain of BTVi spoke to Sushil Choksey, Director at Indus Equity Advisors.

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Havells Q1 profit falls 16%

Jul 20 2017

July 20: “Profitability impacted by significant destocking in trade due to GST,” says Anil Rai Gupta of Havells India who spoke to BTVi’s Samina Nalwala on company’s dismal FY18 Q1.

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HPCL-ONGC deal may not require open offer: MK Surana

Jul 20 2017

July 20: “Deal may not require open offer,” says MK Surana, CMD at HPCL on the HPCL-ONGC merger. He spoke on the HPCL on deal with ONGC and why a merger of HPCL with MRPL makes more sense.

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RIL Q1: What to expect?

Jul 20 2017

July 20: Better performance in the petrochemical (petchem) business may lift RIL’s results in the June quarter. Piyush Jain of BTVi joined us with more details.

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ONGC to acquire 51% in HPCL

Jul 20 2017

July 20: The Union Cabinet on Wednesday gave an in-principle nod to sell its 51.11 percent stake in HPCL to ONGC, The stake sale is expected to be completed in one year.

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Asian stocks climbed for tenth straight day

Jul 20 2017

July 20: Asian stocks climbed for a tenth straight day. US stocks surged on Wednesday on earnings strength, with the S&P 500 Index and Nasdaq Composite Index hitting records for second straight day. Hans Goetti, Independent Investment Consultant spoke to BTVi’s Samina Nalwala to discuss global cues.

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HUL Q1 profit beats estimates

Jul 19 2017

July 19: FMCG major HUL posted better-than-expected results for the FY18 Q1 with 9 percent growth in profit, despite the rush to shed inventory was complemented by a rise in margin. Hear out what the management had to say on volume growth outlook.

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Exclusive - Cabinet to clear ONGC-HPCL merger today

Jul 19 2017

July 18: Sources tell BTVi the Cabinet may approve the mega oil merger between ONGC and HPCL on Wednesday. Chetan Bhutani of BTVi joined us with the exclusive details.

Indian Markets

 
  • SENSEX

    32,028.89 124.49   (0.39 %)
  • NIFTY

    9,915.25 41.95   (0.42 %)

Global Markets

 

Stocks In News

 

IDBI BANK

Mint Reports:

Steps up sale of non core assets

Seeks to offload 5% in CCIL to strengthen its weak capital base

Aiming to garner Rs 5,000 Cr through such sales

In June, the Bank sold 2.5% stake in CCIL

 

ABG SHIPYARD

Agrees to go ahead with insolvency proceedings

JAYPEE INFRA

Business Standard Reports:

NCLT gave Jaypee Infratech time till 4 Aug

To respond to a petition of insolvency filed by IDBI Bank

Company owes Rs 4000 Cr to IDBI, total dues to all banks are Rs 9,365 Cr

COAL INDIA

Business Standard Reports:

NCLT has stayed rulings by the Competition Commission Of India

Coal India had abused it's dominant position

In framing fuel supply agreements with Gujarat Heavy Chemicals and MP Power Generating Company

JSW CEMENT

Plans to double output in 3 years

Indigo

Economic Times Reports:

Promoters plan stake sale to meet norms

Indigo is planning an institutional share sale

The sale aims at cutting its owners stake to achieve min public shareholding of 25%

The company must sell 10.85% stake worth Rs 4900 Cr

BAJAJ AUTO

Economic Times Reports: May join KTM in race to buy Ducati

Bajaj owns 48% stake in KTM

KTM is said to be closing on the European brand

ONGC- HPCL UNION

FM to head panel for ‘Quick Decisions’ on ONGC- HPCL Union

Nitin Gadkari, Dharmendra Pradhan to assist Jaitley in taking calls on timing and pricing of deal

ICICI BANK

Financial Express Reports:

Opposes Ramasarup insolvency petition at NCLT

First time a bank opposes a defaulters initiation to insolvency

ICICI Bank exposure stands at Rs 70 Cr

V- MART

GMO buys 2.9 Lk shares of V-Mart Retail at Rs 1,143 Per Share

Fidelity sells 4.4 Lk shares

 

BYKE HOSPITALITY

Wasatch buys 6 Lk shares of Byke Hospitality at Rs 190 Per Share

Wasatch already owns over 17 Lk shares in the company

GRAPHITE INDIA

Morgan Stanley buys 12 Lk shares of Graphite India at Rs 196.4 Per Share

FOOTWEAR STOCKS IN FOCUS

Economic Times Reports:

Rs 2600 Cr incentive package for leather sector likely soon

Incentive package to boost exports and job creation

Package has already been approved by the expenditure finance committee

RALLIS INDIA LTD

Monetises investment in Advinus for Rs 17.3 Cr

WELSPUN CORP

Bags order for supply of 1 Lk MT Pipes

Current order book crosses 699K MTs Pipes

Order book worth Rs 4200 Cr

BHARTI AIRTEL

Allegations made by RJio regarding Airtel Earning Excess Revenue is false

Industry cost for bill & keep regime with Zero Mobile Terminated Charge (MTC) will be Rs 15-20,000 Cr

Zero MTC will allow Jio to price services in a predatory manner

Jio wants Zero MTC for transferring cost to Airtel and other operators

TRAI's MTC of 14 Paise is below current cost of 35 Paise per minute

Airtel looses Rs 550 Cr Per Quarter due to under pricing of MTC

BALAJI TELEFILMS

To issue 2.52 Cr shares to RIL for Rs 413 Cr at Rs 164/Share

Deal values Balaji Tele at Rs 1600 cr

RIL picks up 24.9% stake in the Co

JP ASSOCIATES

Rakesh Jhunjhunwala Picks Up 1.03% Stake In Jaiprakash Associates in Q1

Jaiprakash Associates up 178% in 2017

STERLITE TECH/ HFCL/ AKSH OPTIFIBRE

Telecom Officials: Expect to award work for BharatNet Phase II by October-End

State-Run, Private Players expected to bid for BharatNet Phase II

JET AIRWAYS

Sources To Reuters: To cut pay of junior pilots by 30-50% from Aug 1

Jet has asked junior pilots to take 30% cut in their salaries or leave the organization

Jet is facing pressure on profitability

Pilots will be offered 10 days leave and will be paid for only 20 days in a month

MAHINDRA CIE: Q1FY18 REVIEW (YOY)

Sales up 12.2% at Rs.503 Cr Vs 448 Cr

EBITDA up 4% at Rs46.6 Cr Vs Rs 44.7 Cr

EBITDA Margins down 70bps at 9.2% Vs 9.9%

Net Profit up by 54% at Rs 17 Cr Vs Rs 11 Cr

ZENSAR TECH: CONSOL REVIEW Q1FY18

Sales up 5% at 756.91 Cr Vs Rs 720.51 Cr QoQ

EBITDA up 166% at Rs 95.04 Cr Vs Rs 35.71 Cr QoQ

EBITDA margins at 12.5% Vs 5% QoQ

Net Profit up 348% at Rs 48.08 Cr Vs Rs 10.73 Cr QoQ

RBL BANK: Q1FY18 REVIEW(YOY)

Net Profit up 44.87% at Rs.141 Cr Vs Rs.97.34 Cr

NII up 54.66% at Rs.378 Cr Vs Rs.244 Cr

GNPA Ratio at 1.46% vs 1.2% QoQ

NNPA Ratio at 0.81% Vs 0.64 % QoQ

CUPID LTD: Q1FY18 RESULTS REVIEW (YOY)

Revenue up by 21% at Rs 19 Cr Vs Rs 16 Cr

EBIDTA up by 13% at Rs. 6.58 Cr Vs Rs.6.41 Cr

EBIDTA Margin down by 700 bps at 33.5% Vs 40%

Net Profit up by 12.86% at Rs 4.3 Cr Vs Rs 3.8 Cr

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