🇮🇳 *India Daybook*
🔹*Stocks in News*
*RCF* Q1FY21: PAT at Rs 19.2 cr versus Rs 8.0 cr, Revenue at Rs 1621.0 cr versus Rs 2409.0 cr YoY. (Positive)
*Ratnamani Metals* Q1FY21: PAT at Rs 49.7 cr versus Rs 62.7 cr, Revenue at Rs 578.0 cr versus Rs 588.0 cr YoY. (Positive)
*PTC India* Q1FY21: PAT at Rs 90.7 cr versus Rs 87.8 cr, Revenue at Rs 4631 cr versus Rs 5411 cr YoY. (Positive)
*Godawari Power* Q1FY21: PAT at Rs 55.7 cr versus Rs 57.8 cr, Revenue at Rs 712.0 cr versus Rs 835 cr YoY. (Positive)
*Galaxy Surf* Q1FY21: PAT at Rs 56.5 cr versus Rs 52.5 cr, Revenue at Rs 607.0 cr versus Rs 665 cr YoY. (Positive)
*Adani Ports* Q1FY21: PAT at Rs 760.0 cr versus poll of Rs 633.0 cr, Revenue at Rs 2290.0 cr versus poll of Rs 2095.0 cr YoY. (Positive)
*Fibreweb:* Revenue for Q1 FY21 at Rs. 28.94 Crs; 76.07 % YoY growth. Net Profit after Tax for Q1 FY21 at Rs. 4.16 Crs, 147.62% YoY growth. (Positive)
*Hexaware* and Freshworks Form Strategic Partnership to Transform Customer and Employee Engagemen (Positive)
*Embassy Office Parks* REIT: Company to consider fund raising on 14 August (Positive)
*JMC Projects* secures new orders of Rs. 1,363 Crores. (Positive)
*Dr Reddy*'s gets US FDA Nod for generic of cancer drug, Faslodex (Positive)
*Wipro*: The company has completed the acquisition of Salesforce partner 4C. (Positive)
*HDFC* raised Rs 10000 crore by allotment of shares at Rs 1760 per share (Positive)
Five trade unions of CIL who had served notice of one-day strike in *Coal India* (Positive)
*HAL:* Defence Acquisition Council approves Rs 8,772.38 cr for capital acquisition of various equipment and platforms (Positive)
*L&T Finance* Holdings to raise funds via three-month CP at 3.90% coupon (Positive)
*Granules* India is confident of beating its first quarter performance for the remainder of the ongoing financial year (Positive)
*Gujarat Alkalies*: Q1 profit at Rs 31.8 crore versus Rs 158.8 crore, revenue at Rs 469.6 crore versus Rs 748.6 crore YoY. (Neutral)
*Sundaram Fin* Q1FY21: PAT at Rs 165.7 cr versus Rs 157.5 cr, Revenue at Rs 844.0 cr versus Rs 816.0 cr YoY (Neutral)
*Star Cement*: Q1 profit at Rs 43.3 crore versus Rs 83.9 crore, revenue at Rs 292 crore versus Rs 460.9 crore YoY. (Neutral)
*Eicher Motors:* shareholders have approved share split of existing one equity share of face value Rs 10 each into ten equity shares of Re 1 each. (Neutral)
*ONGC:* The company has allotted NCDs worth Rs 1,000 crore. (Neutral)
*Muthoot Finance:* The company’s board has sought shareholders’ nod to increase borrowing limit to Rs 75,000 crore from Rs 50,000 crore on August 19. (Neutral)
*GE POWER*: Q1 profit at Rs 22.5 crore versus Rs 12.2 crore, revenue at Rs 8,988.7 crore versus Rs 8,804.1 crore YoY. (Negative)
*RSWM:* Q1FY21, Net Loss at 101.0 Cr versus Rs 3.0 Cr loss, Revenue at Rs 215.0 cr versus Rs 700.0 cr YoY (Negative)
*JMC PROJ* Q1: Net Loss at 52.0 Cr versus profit of Rs 20.6 Cr, Revenue at Rs 498.0 cr versus Rs 946.0 cr YoY (Negative)
*Metropolis*: Q1 profit at Rs 2.87 crore versus Rs 26.9 crore, revenue at Rs 143.1 crore versus Rs 203.3 crore YoY. (Negative)
*Somany Ceramics*: Q1 loss at Rs 26.4 crore versus a profit of Rs 7.1 crore, revenue at Rs 169.4 crore versus Rs 395.5 crore YoY. (Negative)
*Nahar Spinning:* Crisil has downgraded rating on the long term bank facilities from CRISILA /Negative to CRISILA- /Negative (Negative)
*Inox Leisure:* Inox Benefit Trust offloaded its entire 4.23 percent equity stake in Inox Leisure on August 11 via open market transaction (Negative)
*Metropolis*: Q1 profit at Rs 2.87 crore versus Rs 26.9 crore, revenue at Rs 143.1 crore versus Rs 203.3 crore YoY. (Negative)
*Petronet* LNG: Owing to COVID-19 pandemic and consequent reduced RLNG demand during the lockdown period (Negative)