The stock price took this development with positive sentiment. As per the last reported order balance status of the company, there was a decline of more than 50 per cent YoY in new order bookings, for the first quarter.

As per the press release on the stock exchanges, the bid for the project stands at the cost of Rs 1,905 crore. The stated project will have a completion period target of 24 months and its operational period will be 15 years from the date of completion.

SBI Cards is a credit-card division of the banking major State Bank of India. The shares took a negative turn after the company reported a sharp rise in its NPA’s. As per investor presentation, its ratio of stressed loan accounts stood over 16.5 per cent in the September quarter.

The amount of dividends is quite significant as this has come on the back of the expectation of a weak business environment. The record date published by the company is November 6, 2020.

The company has consistently reported strong business inflows over the past two quarters. At the end of the first quarter of the current fiscal, it reported its consolidated order book at Rs 305100 crore.

The multiplex operator, Inox Leisure on Friday informed that the company has begun the process of reopening its facilities in ten states of India. The list includes West Bengal, Gujarat, Karnataka, Uttar Pradesh, Assam, Andhra Pradesh, Haryana, Madhya Pradesh, Delhi, and Goa.

Including this approval, the final count of approvals of the company stands at 305 while so far, it has filed over 390 ANDAs.

The stated project is supposed to be commissioned within 15 months from the date of execution. As per the recent data from the company, the cumulative capacity under development in Gujarat would now stand at 620 MW after the completion of this project.

The standout highlights for the company in the first quarter were positive and it was able to grow booking value YoY by over 70 per cent to Rs 1,531 crore, through the sales of 2,130 homes, with a total area of 2.51 million square feet.

Overall, business sentiment in the manufacturing sector, which is reflected by the business assessment index (BAI), surged from a record low at 55.3 in Q1 to 96.2 in Q2, (but still remains in the contraction zone).

As per the announcement, all individual housing loans shall have a risk weight of 35 per cent, if their loan-to-value ratio is at 80 per cent or lower. The term, loan-to-value ratio, means the percentage of the amount financed when compared to the value of the property.

The closest peers such as Rajesh Exports and Asian Star Company saw laggard stock price performance. Both the scrips are trading at a discount of more than 40 per cent from their 52-week high.

The stock has already proven to be a multibagger in the last five years. From October 2015 to October 2020, the stock registered stellar returns of 650 per cent. Being the market leader and a prominent agri machine player, the company has enjoyed higher valuations.

During the first quarter of the current fiscal year, when the lockdown was most severe, the company had delivered sales 10,633 MT, a decline of 24 per cent on a YoY basis. However, on a QoQ basis, there was a growth of 9 per cent, which was driven by steady demand revival in CPVC pipes and value-added products.

The company in its press release mentioned that Q2FY21 group sales stood nearly Rs 450 crore, which is higher by 15 per cent as compared to the same period last year. One of the most stand statements from the company is regarding the aftermarket demand.

Further, on operational efficiency, the risk of coal availability and uncertainty price trend is considered as major challenges for NTPC to maintain its cost competitiveness.

Due to the large Capex plans and positive demand forecast, the company is confident of achieving the installed capacity of 5,000 MW by 2023, 12,000 MW by 2030, and 25,000 MW by the year 2040.

Power Grid and Power Finance Corporation (PFC) also signed various MoUs during the past one month. PFC has reportedly been assigned an ambitious revenue target of Rs 36,000 crore.

The primary focus of the project will be to supply to two sectors – pharmaceutical and food. The growth in demand expected in the future in these two sectors will help MPL meet its sales target post the expansion.

Now, what is so worrisome to investors in GMM? The major concern is the size of the stake available to sell. As per the press release by the company, the equity shares representing 17.59 per cent are being offered in the prevailing OFS.

The government also has formed a ‘National Steel Policy’, which aims this achievement of 300 MTPA crude steel capacity by 2030. It has further taken certain steps toward fulfilling this goal.

The company announced that it has been awarded a contract for railway electrification works worth Rs 474.92 crore. The company will enter into an MOU with the concerned railway where the company will have a scope of work in turnkey contracts.

After the stake sell, Epsilon Bidco Pte Ltd will continue to hold a controlling stake in the company with 52 per cent holding remaining. Essel Propack is a manufacturer of plastic packaging material (collapsible tubes & laminates) used for FMCG companies.

Recently, Cochin Shipyard did a successful order booking for two automated vessels from Norwegian Government. These will be the first-of-its-kind unmanned vessels.

RBI said that the result of the auction will be announced on the same day and successful participants should ensure the availability of the requisite amount of securities in their SGL account by noon on September 25, 2020.

SpiceJet reported a load factor of 76 per cent, followed by Vistara (68.3 per cent). Over 2.8 million passengers flew in August, which is 33 per cent higher than July.

As per the recent data available, as of September 4, a research paper on the results of phase I and phase II clinical trials of the Sputnik-V vaccine has been published in one of the leading international medical journals.

As per the data released by the Commerce Ministry, merchandise exports fell by 12.66 per cent to $22.70 billion in August 2020, as compared to $25.99 billion in the same month, a year ago.

Earlier this month, the company had announced a plan to invest Rs 1 lakh crore, which would help the company to achieve 1 billion tonnes (BT) coal production by the year 2023-24.

Also on the production front, the company has beaten the production target of its main revenue component Urea. It has produced 16.11 lakh MT of Urea during April-August 2020 as against 14.26 lakh MT produced during the same period in 2019-20.

Bharat Dynamics had declared about OFS on September 07, 2020, under which, the government had planned to sell 15 per cent stake in the company.

The company has acquired 16,00,000 equity shares, i.e., 100 per cent of the paid-up capital of MACPPL at Rs 79 per share. This makes the total deal price to be Rs 12,64,00,000. The entire consideration has been paid in cash.

The stock price has surged 35 per cent within the last one month. Its better-than-expected volume performance, the company's foray into new business such as anti-microbial coated steel products, and better utilisation levels might have helped the gains.

The investors though will need to take an exposure with caution. The market prices of a few select companies may have also gone past the actual momentum in original equipment manufacturers (OEMs).

The shares of the company are listed among that scrip which has not been appreciated sharply in the market turnaround. From its historic price fall in March 2020, the stock is trading higher by just 5 per cent.

In addition to this, due to the challenges and restrictions, its important customer segment that is ‘hotel, restaurant, and catering’ (HoReCa) segment also faced several challenges during the first quarter.

Key indicators such as aggregate bank deposits, bank credits, LIC premium, and CPI general index showed gains over the last year's values.

On the operational front, the sales volume declined 28 per cent on a YoY basis to 6.28 million tonnes in the first quarter of FY21. The resultant decline in the operating profit was 60 per cent over the same period last year to Rs 750 crore.

Avantel, a small-sized telecom equipment manufacturer, informed on Friday that it has signed a contract worth Rs 96.76 crore with IHQ, MoD (Indian Navy), for the supply of communication equipment for Indian Naval ships. Looking at its annual revenue of Rs 52 crore for FY20, this order is of quite a significance to the company.

Alembic has a total of 130 ANDA approvals, out of which, 113 are final approvals while 17 have tentative approvals from USFDA.

In July 2020, Tau Investment has made an open offer to acquire up to 2,00,93,346 shares of JB Chemical to its existing shareholders. The open offer constitutes 26 per cent of the voting share capital, at the offer price of Rs 745 per equity share, subject to the terms and conditions.

The management of the company mentioned that many of its suppliers invoked force majeure clause (which allows temporary relief from contractual obligations in uncertain & uncontrolled situations such as pandemic).

Interestingly, the management in a conference call held for the discussion of the acquisition, mentioned that Bharti AXA made a loss of Rs 240 crore in FY20. This can be considered as one of the reasons why the stock price is not cheering on the announcement of the transaction.

On the back of regulated markets, the company registered a growth of 22 per cent QoQ. The company also reported healthy operating leverage with 920 bps QoQ EBITDA margin expansion.

Its diversified execution capabilities and order book, which has spread over sectors such as roads & highways, mining, metro, special bridges, irrigation, airports, and tunnels is a very important growth trigger for the company in revival after the economic headwinds.

In the ranking for top lenders, State Bank of India (SBI), Canara Bank, Punjab National Bank (PNB), Bank of India, Union Bank of India, and HDFC Bank stood as leaders.

Soda is a part of the basic chemistry product segment, which contributes to more than 60 per cent of its consolidated revenue. The company has announced that the ongoing Capex for capacity expansion is near completion at its Mithapur Plant.

The fly ash has multiple applications in the cement industry, where the industry has seen a substantial usage of the same. During FY20, as per the data by the Ministry of Power, almost 44.33 million tonnes of fly ash was utilised for various productive purposes.

The company further mentioned that the approximate cost of the project is nearly Rs 450 crore. It is expected to generate 244 MU/year.

Going ahead, the street would also take into consideration the commencement of 10,000 TPA agrochemical capacity in the third quarter of the current fiscal. The company expects Rs 200 revenue growth after these plants get operational.

The management, in its recent commentary with investors, said that the impact of the pandemic on water purifier business is above expectation. This was led by an e-commerce channel on establishing brand and customer recall.

The sales growth for these two businesses for the first quarter also reflected the same. It reported 10 per cent growth in the content solution business for the quarter.

The company also informed that it has launched two products during the quarter in the US market. This has taken the total tally of products to 175 US generics market.

Both the companies, which are in the same sector that is engineering, are expected to be beneficial to all. Tube Investment believes that its operations as well as financial efficiency could help in the resolution of issues going on in CG Power.

The company will work closely with various governments and medical communities to ensure easy availability of ‘Favulous’ to patients across the world.

The newly-launched drug, which was the need of the hour, would be available in the form of a strip of ten tablets, marketed under the brand name of Covihalt. It will be used to treat patients having a mild to moderate COVID-19 disease.

Favipiravir is the only oral anti-viral treatment approved in India for the potential treatment of patients with mild to moderate COVID-19 disease.

Besides, to further expand in the Eastern region, the company had acquired Jaipur Cements in May 2019 to set up a grinding unit with 1.5 MTPA capacities at a cost of Rs 308 crore.

The numbers show a very positive trend in the re-opening of the economy. Despite this, the bank added that the overall situation continues to be uncertain. One of the major challenges that the bank sees is the extended working capital cycle and waning cash flows.

During the recently concluded Q1FY21, the company reported 14.5 per cent growth in electricity volumes at 14,878 MU in comparison to the same quarter last year.

It also mentioned that with this new order, its order book would be well-placed and might reach Rs 2,000 crore in FY21. As of the end of FY20, the order book stood at Rs 1,788.2 crore.

The board of the company on Tuesday announced that it has approved the buyback of equity shares having a face value of Rs 2 from the open market at a maximum price of Rs 40 per equity share.

Out of this, its Chennai plant has a capacity of 6 million wheels, which caters to its passenger and multi-utility vehicle (MUV) related demand.

One should focus on the way ahead rather than looking at what happened in the past. Markets are here for a long time and thinking over what happened, would add more to the agony of the retail investors.

In the recently reported financial numbers of Q4FY20, it reported a profit of Rs 16.78 crore, which is the first time since the September quarter in 2015. The bank has shown signs of improvements in FY20.

Meanwhile, its annual sales volume declined by 11 per cent in FY20. The company has reported its fourth quarter and FY20 financial numbers. Its sales volume declined to 3,20,373 MT for FY20.

The company stands out as one of the leading pharma companies in the world. Its core fundamental growth is driven by 294 approved & filed 390 abbreviated new drug applications (ANDAs).

The cable sector is expected to take cues from results as the core fundamentals may have taken hit during the lockdown. Companies such as Finolex Cables and Universal Cables have reported 20 per cent and 10 per cent decline in sales, respectively, for the fourth quarter of the previous fiscal.

Momentum in the share price can be expected to continue as the buyback is proposed at Rs 1,000 per equity share, which is at 22 per cent premium from its Tuesday closing price.

Interestingly though, the company is yet to report its Q4FY20 as well as FY20 financial numbers. The company notified about its board meeting cancellation via an exchange filing made on June 25, 2020.

In addition to this, the bank also reported advances growth of 13 per cent on YoY basis. The advances in the balance sheet of the bank show the total amount of credit it has till the accounting date.

The company has a few other foreign subsidiaries, which have reported losses in FY19. Bharat Forge Global Holding GmbH, Bharat Forge Kilsta AB, Mécanique Générale Langroise, and Bharat Forge PMT Technologie LLC have contributed to consolidated losses of the company.

Since May 2020, it has witnessed a trend of the new order as the ports are now operational with the ease of the lockdown, worldwide. The quantity, however, still remains lower. Its order book as of the end of FY20 is at Rs 210 crore.

This plan is under the ultra mega renewable energy power parks (UMREPPs) scheme of the Renewable Energy Ministry, in a phased manner, preferably in packages of 50 MW each.

Prudent fundraising enables the banks to maintain a comfortable capital position, that is, strong capital adequacy ratio (CAR). As per RBI norms, public sector banks guided to maintain a CAR of 12 per cent.

It issued non-convertible debentures at 9.55 per cent on private placement basis. As of FY20 end, its order book stood at Rs 11,997 crore, to be executed over the next two years.

The company will be delivering a split of its transformers between 6,531 kilo- volt-ampere (kVA) for CLW’s goods locomotive engines (needing heavy lifting capabilities) and 7,775 kVA for passenger segment.

The international markets, which resumed its normal economic activity much earlier as compared to India, reported a decline of 20 per cent. India's business, on the other hand, fell as much as 36 per cent.

Moreover, prospective growth triggers are likely for its agrochemical business. Various factors are at play for this such as the storage levels in water reservoirs across the country, a hike in minimum support price (MSP) of key Kharif crops and an anticipated strong monsoon spread.

With a total capacity of nearly 3 million wheels, the company looks at the volume growth as its way ahead to meet the plant's commitment in FY21.

As far as capex spends are concerned, it envisages spending nearly Rs 1,500 crore in FY21. The total expenditure will see an equal split of small molecules and the biosimilars.

The company's production capacity of IPA is already among the highest in the industry. With an installed capacity of 70,000 MTPA, it dominates the industry with a 75 per cent market share in IPA manufacturing.

Overall, with one segment having an adverse forecast and exposure to the commercial vehicle class (38 per cent of total revenues), the outlook is still looking grim for the company. The stock is already trading at its multi-year low.

The tractor segment in India also has a few unlisted players such as Tractors and Farm Equipment (TAFE), International Tractors, CNH Industrial (India). Numbers from these players would further give strength to the sentiment for the overall sector.

While the NTPC group's commercial capacity stood at 52,866 MW at the end of FY19, it was at 51,391 MW in FY18. This indicates that it has recorded a growth of seven per cent CAGR over the past three years.

The plant in Chennai is fully equipped with a total capacity of 6 million wheels. Thus, such an incoming order reflects good revival of the company in post-COVID times.

Its other home consumption products such as ghee and butter have already seen an increase amid the lockdown. Owing to such strong revival hopes, the company aims to achieve pre-COVID business levels within the next few months.

In its FY19 annual report, the company has indicated implementation of 33,870 TPA phosphoric acid plant and 10,000 TPA of hydrazine hydrate plant at Dahej facility, along with this chloromethanes plant.

The official statement of the company further stated that such efforts would support its 1 billion tonne coal production target for FY23-FY24.

During previous month, the company also informed about the manufacturing of its new product i.e. Kraft Paper. The product will have uses in packaging material such as carry bags, business cards, Kraft envelopes, etc.

With upgradation purposes in mind, Vardhman Special Steels underwent 78 shutdowns during the previous fiscal year. Such upgrade was executed in order to modernize steel melting shop facilities whose annual capacity at present stands at 2,00,000 TPA.

The IQVIA, a US-based company, which is engaged in serving as the information and database provider of the healthcare industry, stated that Deferasirox Tablets, 180 mg, has an estimated market size of US$ 53 million (Rs 400 crore approximately).

This is the third hydrochloride-based drug which has been granted regulatory approval. This development certainly reflects signs of sustenance of the company during the economic slowdown.

The whole incident including the fire is bound to impact the financials of the company. The current lockdown scenario has already affected the normal demand-supply ratios. Moreover, the impact on its capex plans is likely to spill into the next fiscal from the current year.

The company reported that 97 per cent of loans were repaid using electronic mode of transfer whereas 3 per cent borrowers were unable to pay during lockdown.

On a consolidated level, Coal India has given guidance of 710 MT coal production during the current fiscal year despite impending challenges from the economic slowdown and resultant 'demand-supply' status for the year.

In terms of market capitalisation, RCF is the third largest fertilizer firm. Urea based fertilizer is its key segment but in times of a slow-moving economy, a good contribution from all business segments would certainly boost the confidence of the investors.

IOCL is among the market leaders in the oil refining segment with more than 50,000 marketing touch points to cater to different product mixes. Thus, the restart of economic activity is expected to certainly give some relief to both, the company and the investors.

L&T often segregates its order bookings into significant, large, major and mega using the criteria of order values and classification. Its heavy civil infrastructure business arm has secured the latest order.

Opposing stiff competition from Reliance Jio, the company reported increase of 1.9 per cent YoY in customer base at the end of FY20 as well as average revenue per user of Rs 154 which is still one of the highest in the industry.