TLDR;
This video provides updates on several stocks and IPOs, focusing on recent financial results, dividend announcements, and market movements. It covers ABT India, Don, Tata Power, Eternal (Zomato & Blinkit), various IPOs, BHEL, BAML, Bharat Electronics, IdeaForge Technology, and Hindustan Aeronautics. The video also highlights upcoming quarterly results for Infosys and other companies.
- ABT India announced a dividend of ₹475 with an ex-date of July 25, 2025.
- Don's income jumped by 97% year-over-year, with net profit doubling.
- Tata Power's Mundra Power Plant shutdown may impact monthly net profit by ₹100-150 crore.
- Eternal's stock rose due to Blinkit's growth and positive ratings from brokerage firms.
- IdeaForge Technology reported disappointing results with a significant drop in income and a loss of ₹23.5 crore.
- Hindustan Aeronautics is expected to receive a ₹67,000 crore deal for 97 Light Combat LCA Mark One.
ABT India Dividend Announcement [0:29]
ABT India, a leading pharmaceutical company, announced a dividend of ₹475 along with its quarterly results. The ex-date for the dividend is July 25, 2025, leaving a short window for investors to purchase shares and become eligible. Despite the stock being expensive, its dividend yield is 1.39%. The company may benefit from the Indian government's PLI schemes for the pharmaceutical sector.
Don's Financial Performance [2:16]
Don experienced significant growth in the electronic manufacturing sector. The company's total income jumped by 97% to ₹12,836 crores compared to ₹6,580 crores in June 2024. The net profit doubled to ₹280 crores from ₹140 crores year-over-year. While there was a decline in net profit on a quarterly basis (from ₹465 crores to ₹280 crores), this was due to a decrease in other income and slightly higher tax payments.
Tata Power's Mundra Power Plant Shutdown [4:54]
Tata Power's Mundra Power Plant, a significant revenue source, has been shut down and its extension was not approved under Section 11. This power plant generates a monthly net profit of ₹100 to 150 crore. The shutdown may lead to adjustments in the company's shares in the coming weeks.
Eternal (Zomato & Blinkit) Stock Surge [6:33]
Eternal's stock rose despite a 90% crash in profit on a year-over-year basis. This increase is attributed to the growth of its subsidiary, Blinkit, which has achieved around 150% revenue growth and contributes about 50% to the overall company revenue. The company launched another subsidiary named Blinkit Food. Goldman Sachs gave a buy rating with a target of ₹340, and CLSA gave an outperform rating with a target of ₹385.
IPO Grey Market Premium [9:00]
Several IPOs are currently running at a premium in the grey market. Repone BS SME IPO and Shallow Wrap Industries SME IPO are both running at a premium of 12%. Achcha Patel Che Specialities IPO is at a premium of 21.43%. Brigade Hotel Venture Mellon IPO is commanding a premium of 17.78%. GNG Electronics has a 43.46% premium, Indic Space Mil IPO has a 9.70% premium, Monarch is at a 66% premium, and Savvy Infra has a 19.17% premium.
Anand Rathi's View on Defense Sector Companies [10:18]
Anand Rathi's Wealth Domestic Brokerage Fund has covered some defense sector companies, suggesting profit booking in BHEL and BAML, and giving a buy rating to Bharat Electronics. Despite recent declines, Bharat Electronics' stock is receiving strong support just above ₹400.
IdeaForge Technology's Disappointing Results [11:36]
IdeaForge Technology, a drone manufacturing company, reported disappointing results. The company's total income dropped significantly from ₹92 crore last year to ₹16 crore this time. The company generated a loss of ₹23.5 crore, compared to a profit of ₹1.1 crore last year.
Hindustan Aeronautics (HAL) Receives Boost [13:18]
Hindustan Aeronautics is expected to receive a significant boost with the government in the final stage of approving a ₹67,000 crore deal for 97 Light Combat LCA Mark One. This deal aims to enhance the Indian Air Force's combat readiness.
Upcoming Quarterly Results [14:48]
Infosys, a top IT sector company, will release its quarter one results tomorrow, July 23. Results from many other companies and banks are also expected tomorrow.