Gail _india_ Ltd Live BSE Share Price today

GAIL – Q2 FY20 (Unaudited – Cons.)
Share price – 127

Total revenue from operations at 18,249 Cr
19,352 Cr (-5.72%) YoY | 18,481 Cr (-1.22%) QoQ

Half year revenue: 36,731 Cr Vs. 36,926 Cr (-0.52%)

Net Profit of 1,168 Cr
1,789 Cr (-34.73%) YoY 1,503 (-22.17%) QoQ

Half year ending Net Profit: 2,671 Cr Vs. 3,232 Cr (-17.32%)

EPS (in Rs.) 2.59
3.96 YoY | 3.33 QoQ

Half Year ending EPS: 5.92 Vs. 7.16

View: The result is below expectations and down. Although YoY revenue marginally down but profit significantly down in YoY. QoQ also profit and revenue both down.

Business Highlights & Updates:

Q2FY20 EBITDA is around INR 1890 Cr Vs. 2925 Cr in Q2FY20. H1FY20 EBITDA is around INR 4,407 Cr Vs. 5,382 Cr in H1FY19.

GAIL has basically diversified company with the major topline of Natural Gas – 6%, Natural Gas marketing -74% Petrochemicals -7%, City Gas – 6% and others – 9%.

YoY topline growth for Natural Gas down by more than 7%, Natural Gas marketing down by 7%, Petrochemicals down by 8%, City Gas down by 3%. So all segment topline growth declined.
YoY bottom-line growth for Natural Gas declined by 10%, Natural Gas marketing declined by 70% (significantly down – Negative impact), Petrochemicals down by 150% (Also loss-making in this quarter), City Gas up by 71% (Very small portion around 53 Cr profit).

ROE and ROCE are around 13.7% and 22% respectively and book value per share is around 192 and share is currently trading at 0.6x of its book value. The company is currently trading at annualized PE of around 13 which is fair as per Industry benchmark. Promoter (Govt of India) is holding around 52.6% in the company, FIIs and mutual funds hold around 18.8% and 9.1% in the company. The good thing is the company has very small debt and current debt-equity ratio is around 0.03:1 which is very fair. The company has a strong net worth of around INR 40,925 Cr.

Share price high 189 and now 127 almost 32% from their peak due to YoY and QoQ performance continuously declined and also effecting operation efficiency and also news floating around for transferring of their main business. Gail Limited is the Government of India undertaking company. Gail is the largest state-owned natural gas processing and distribution company in India. It is headquartered in New Delhi. It is a state-owned enterprise of the Government of India, under the administrative control of the Ministry of Petroleum and Natural Gas.
Current news also indicates that Govt wants to exit the oil & gas business.

Share is in the bearish zone and continuously performance impacted. Support is INR 115.

Disclaimer: Views are shared based on market research and study and personal in nature. Others can take different views and opinions. Free stock tips

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Business News, Economic News, Market News, Share Market News

Business Standard
Ø Rs 25,000 crore realty booster to help affected homebuyers
Ø Sitharaman to chair FSDC meeting on Thursday
Ø Jolt to Adani as HC refuses relief in Mumbai Airport case
Ø RBI panel submits a report on Core Investment Companies
Ø NFRA, RoC seek info on whistleblower complaints: Infy
Ø Moody’s warns of possible Yes Bank downgrade
Ø Complete insolvency process of Jaypee in 90 days: SC


Ø Exit from 51 PSUs can fetch govt 7 times disinvestment goal of Rs 1.05 trn
Ø Fitch raises India's FY20 fiscal deficit to 3.6% of GDP on sluggish growth
Ø PSU general insurance companies seek capital infusion ahead of merger
Ø Lupin posts net loss of Rs 127 cr, US market holds key to firm's rerating
Ø China regulator warns e-commerce platforms to stop monopolistic practices
Ø


Business Line


Mint
Ø Tata Steel Q2 net rises 6% to ₹3,302 crore on tax write-back
Ø Four out of twenty coal mines awarded after bid
Ø Worst may be over for global economy amid signs of stabilization
Ø Bajaj Electricals posts consolidated net loss of ₹32.54 crores in Q2
Ø Emami net up 17% at ₹96 crores in Q2
Ø Cairn Oil & Gas gets a 10-year extension for Ravva Production Sharing Contract


Ø Cipla posts 25% rise in Q2 net profit aided by strong US, India operations
Ø Cap amount of retail and developer loans in 75:25 ratio: SBI chairman
Ø Adani Enterprises, DIAL among 4 bidders for ₹29,560 crores Jewar airport
Ø Lenders should be allowed to restructure real estate loans without NPA tag
Ø Saudi Aramco IPO: China considers up to $10 billion stake
Financial Express


Deccan Chronicle
Ø Coal Ministry not in favor of overseas acquisitions by ClL, says Pralhad Joshi
Ø India gained $755 million in additional exports to the US due to US-China trade war: UNCTAD
Ø BSNL rolls out VRS scheme; expects 70,000-80,000 employees to avail it
Ø Reliance again puts off-gas bid to November 15 on bidders request


Ø AstraZeneca to distribute Sun Pharma cancer medicines in China
Ø SpiceJet board to consider Q2 results on Nov 13
Ø Rupee settles 28 paise down at 70.97 against US dollar
Ø Steel consumption in India set for the quantum jump: Pradhan
Ø Sensex jumps 222 points to close at a record high of 40,470
Ø Gold drops Rs 301, silver too tumbles Rs 906 #nifty-50
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Results on October 23: L&T, Bajaj Auto, Hero MotoCorp, HDFC Life..

Results on October 23: L&T, Bajaj Auto, Hero MotoCorp, HDFC Life, Biocon, Aarti Drugs, Havells, Hexaware, JSW Steel, Praj Industries, Texmaco Rail, Shoppers Stop, Zee Media, Texmaco Infra, HCL Technologies, JM Financial, KPIT Technologies, NIIT Technologies

Axis Bank Q2: Net loss at Rs 112.1 crore versus profit at Rs 789.6 crore, NII up 16.6 percent to Rs 6,102 crore versus Rs 5,232.1 crore YoY

RBL Bank Q2: Profit falls 73 percent to Rs 54 crore versus Rs 204.6 crore, NII rises 47 percent to Rs 869 crore versus Rs 593 crore YoY

OBC Q2: Net profit up 23.8% at Rs 125.9 crore versus Rs 101.7 crore, NII up 14.7% at Rs 1,455.5 crore versus Rs 1,269.2 crore, YoY

Swaraj Engines Q2: Net profit at Rs 25.4 crore versus Rs 25.4 crore, revenue down 9.8% at Rs 222.7 crore versus Rs 247 crore, YoY

Coromandel International Q2: Consolidated net profit up 37.8% at Rs 504 crore against Rs 365.6 crore, revenue down 3% at Rs 4,858 crore versus Rs 5,008.3 crore, YoY

ICICI Securities Q2: Net profit up at Rs 135.1 crore against Rs 134.2 crore, revenue down 8.8% at Rs 417 crore versus Rs 457.3 crore, YoY

Ceat Q2: Net profit down 12.5% at Rs 65.9 crore versus Rs 75.3 crore, revenue down 5.2% at Rs 1,645.3 crore versus Rs 1,735.7 crore, YoY

Bajaj Consumer: IDBI Trust sold entire stake (23.68 percent equity) in the company from October 18-22

Infosys: Rosen Law firm announced the filing of securities claims against the company

JMC Projects bags new orders of Rs 1,059 crore

SpiceJet's independent director Harsha Vardhana Singh resigns. #nifty-50
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Q2 Results | Latest & Breaking News on Q2 Results |

Jubilant Foodworks – Q2 FY20 (Unaudited – Cons.)
Share price – 1435

Total revenue from operations at 988.05 Cr
889.78 Cr (11.13%) YoY | 949.11 Cr (4.12%) QoQ

Six month ended revenue: 1947.1 Cr Vs. 1753.01 Cr (11.02%)

Net Profit of 72.98 Cr
75.55 Cr (-3.43%) YoY 71.48 (2.07%) QoQ

Six month ended Net Profit: 144.46 Cr Vs. 147.68 Cr (-2.14%)

EPS (in Rs.) 5.56
5.73 YoY | 5.43 QoQ

Six months ended at EPS: 10.99 Vs. 11.19


View: The result is improved. YoY and QoQ revenue up but profit down mainly for high depreciation in the tune of INR 85 Cr Vs. 39.4 Cr in the corresponding previous quarter and exceptional Item of INR 12 Cr for provision created against investments made by Jubilant FoodWorks Employee Provident Fund Trust, in the corporate bonds of DHFL, Reliance Capital & IL&FS and fully provided for on account of prevailing uncertainties. EBITDA improved significantly despite the slow down in the various sectors.

Business Highlights & Updates:

Standalone Q2FY EBITDA is around INR 235.0 Cr Vs. 147.5 Cr in Q2FY19 Vs. 161.5 Cr in Q2FY19. EBITDA Margin is around 23.8% Vs. 16.7% Vs. 16.4%.

Sales growth for Domino’s Pizza stood at 6.5% for the quarter (i.e. sales growth of stores that were not spilled this FY and PY). Same-Store Growth (SSG) for Domino’s Pizza was 4.9%, lapping a high base of 20.5% last year.

1,283 restaurants as of 30th September 2019 across 276 cities. 1 city/state added (Agartala, Tripura), 1 city exited (Ramnagar, Karnataka) in Q2 FY20. Domino‟s Pizza – 40 Stores opened, 6 Stores closed. Total at 1,283. Store opening highest in the last 15 quarters. Bangladesh: Opened second store in Bangladesh

Dunkin’s Donuts 30 restaurants as of 30th September 2019 across 10 cities.

ROE and ROCE is around 24% and 43% respectively and book value per share is around INR 101 per share and share is currently trading at 14.1x of its book value. The company is currently trading at an annualized PE of around 65 which looks expensive. Promoter holding in the company is around 41.9% and stable in QoQ and YoY, FIIs and mutual fund hold around 34.5% and 13% respectively which is too strong.

Share price high 1518 and now 1422. Jubilant FoodWorks Limited (JFL/Company) is part of the Jubilant Bhartia group and is one of India’s largest foodservice company, with a network of 1,283 Domino’s Pizza restaurants across 276 cities (as of September 30, 2019). The Company has the exclusive rights to develop and operate Domino’s Pizza brand in India, Sri Lanka, Bangladesh, and Nepal. At present, it operates in India, and through its subsidiary companies’ in Sri Lanka and Bangladesh. The Company also has exclusive rights for developing and operating Dunkin’ Donuts restaurants for India and has 30 Dunkin’ Donuts restaurants across 10 cities in India (as of September 30, 2019). JFL has entered into the Chinese cuisine segment with its first owned restaurant brand, ‘Hong’s Kitchen’ and has 1 Hong’s kitchen restaurant across 1 city in India (as of September 30, 2019).
Their brand Dominos Pizza is highly reputed and very famous among the youngster due to youngster population growth in the country and also expansion by the company in various Tier II & Tier III cities with more focus towards online sales of their Pizza and others the growth outlook remain stable. Long term investors can continue with the company with a target price of INR 1800.

Risk: Highly volatile business any negative sentiments against the fast-food chains and restrictions can correct and harm the share price.

Disclaimer: Views are shared based on market research and study and personal in nature. Others can take different views and opinions. Please do a thorough study before entering or exit the shares.
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What are the methods of stock valuation?

Investments
Many companies obtain investments in the form of shares or debentures to earn revenue or to utilize cash surpluses profitably. The normal investments a company has are:

1.Trade: Trade investments are shares or debentures of competitors that a company holds to have access to information on their growth, profitability and other details which may not, otherwise, be easily available.

2.Subsidiary and Associate Companies: These are shares held in subsidiary or associate companies. The large business houses hold a controlling interest in several companies through cross-holdings in subsidiary and associate companies.

3.Others: Companies also often hold shares or debentures of other companies for investment or to park surplus funds. The windfall profits made by many companies in the year to 31 March 2003 was on account of the large profits made by trading in shares.

Investments are also ranked as quoted and unquoted investments. Quoted properties are shares and debentures that are quoted in a recognized stock exchange and can be easily traded. Unquoted investments are not listed or quoted on a stock exchange. Consequently, they are not very liquid and are difficult to dispose of.
Investments are valued and stated in the balance sheet at either the acquisition cost or market value, whichever is lower, to be conservative and to ensure that losses are adequately accounted for.
Stock or Inventories

This area unit arguably the foremost vital current assets that an organization has because it is by the sale of its stocks that an organization makes its profits. Stocks, in turn, consist of:

1.Raw Materials: The primary purchase which is utilized to manufacture the products a company makes.
2.Work in Progress: Goods that are in the process of manufacture but are yet to be completed.
3.Finished Goods: The finished products manufactured by the company that is ready for sale.

Valuation of Stocks
Stocks are valued at the lower of cost or net realizable result. This is to confirm that there'll be no loss at the time of sale as that will are accounted for.
The common methods of valuing stocks are:

1.FIFO or First in First Out: It is assumed under this method that stocks that come in first would be sold first and those that come in last would be sold last.
2.LIFO or Last in Last Out: The premise on which this method is based is the opposite of FIFO. It is assumed that the stocks that arrive last will be sold first. The reasoning is that customers like newer materials or merchandise.

It is important to ascertain the method of valuation and the accounting principles involved as stock values can easily be manipulated by changing the method of valuation.

Trade Debtors
Most companies do not sell their products for cash but on credit and purchasers are expected to pay for the goods they have bought within an agreed period of time, 30 days or 60 days. The period of loan would vary from customer to customer and from company to company and depends on the creditworthiness of the customer, market conditions and competition.
Often buyers may not pay within the agreed credit period. This may flow from neglect in credit administration or the lack of shoppers to pay. Consequently, debts are classified as:

1.those over six months and others.
These are further subdivided into :
2.debts thought of sensible and debts thought of dangerous and uncertain.

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The Stocks in news:

Lupin:
launches Mycophenolate Mofetil capsules USP.

Garden Silk Mills:
Withdrawal of invitation for bids and sale of financial assets/loan account of the company.

Wipro:
completes the acquisition of International TechneGroup Incorporated (ITI).

Care Ratings reaffirmed Long Term Bank facilities rating as CARE A; stable.

JSW Steel:
raised $400 million by allotment of fixed-rate senior unsecured notes.

Eveready Industries:
appoints Roshan L Joseph as an independent director of the company w.e.f. October 04, 2019.

Prakash Industries:
CARE Ratings reaffirmed the credit rating CARE BB (Double B) with a stable outlook for bank facilities of the company.

Ashok Leyland:
The company's plants at different locations will be recognizing non-working days ranging from 2-15 days, in October.

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What is the difference between commodity and stock market?

What is the commodity market?
The commodity market mainly deals with Raw Materials (raw material). To better understand the concept of the commodity, we can take these examples that if a chair is created for someone to sit or whatever item is used by someone, then trading is called commodity. Any item that does not come in the commodity market, which has been produced to meet any interest or hobby. The commodity market fluctuates in every trading time.

In this approach, it is very important to keep in mind the effect of every step of the future market. which is represented by the Commodity Tips Expert team.so that you should consult a commodities expert.

Some types of commodity: -
1)MC: Total money spent on the commodity.
2)CM: Commodity sold for money.
3)MM: lend money, which will make more money from its interest.
4)MCM: Using the money to buy commodities and resell for more money.
5)Spot Trading: Spot Trading is a purchase in which the product is immediately supplied.
6)Forward Contracts: Exchange of products on the date fixed between the two parties.

First, if you want to start commodity trading, you will have to open your trading account, through which you can buy and sell any type of deal in the commodity exchange. And secondly, you should also take into account that when opening a trading account, the broker's opening trading account here should be a member of the Multi Commodity Exchange (MCX) and National Derivatives Exchange (NCDEX).

What is the stock market?
The stock exchange is where the buying and selling of shares marketplace. The stock exchanges are regulated by SEBI (Securities and Exchange Board of India). The two important stock exchanges of India are NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). You can also sell ownership in the company. if you wish to lift cash from the general public. This means you have other people give you money and they have a share in the profits (and losses) of the company. These ownership shares are called shares of stocks. The exchange is a crucial part of the economy of a rustic. The exchange exists so that corporations will raise cash while not acquisition any debt (such is that the case of a loan).

Example: A has 200 outstanding shares and the share price is Rs. 30, then the market capitalization of the company will be 30*200=Rs. 6000 Types of Stocks Market:
1.Large-cap stocks:
2.Mid cap stocks:
3.Small-cap stocks

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