Yadnya Investment Academy

India's youthful population, with an average age of 29.8, positions it for robust economic growth, driving increased consumption and demand for goods and services. This demographic dividend can lead to enhanced productivity and innovation, making India a significant player in the global economy over the next decade. #indiangrowthstory

Stock Market News (Quick Updates)
14th November 2024

Watch the full video here-
https://youtu.be/XpHFXZueNLA

World Market

US Annual Inflation Rate Hits 2.6% in October
• October CPI rose 0.2%, bringing the annual inflation rate up to 2.6%, slightly higher than September.
• Core CPI increased by 0.3%, aligning with expectations, as traders lower forecasts for future Fed rate cuts.

Indian Economy

India’s Finished Steel Imports Reach Seven-Year High
• India’s finished steel imports rose to 5.7 million metric tons during April-October, marking a seven-year peak.
• The steel ministry is considering imposing a safeguard duty to address the surge in imports, primarily from China.

SBI Research: Rate Cut Unlikely by February 2025
• RBI is unlikely to cut interest rates in February 2025 due to persistent inflation, which is expected to average 4.8-4.9%.
• Food inflation, notably vegetables, has surged, with overall retail inflation recorded at 6.21%.

Adani Group to Invest $10 Billion in US Energy
• Following Trump’s win, the Adani Group plans a $10 billion investment, capitalizing on potential policy changes favoring energy companies.

Stock-specific News

NTPC Green Aims for ₹1 Trillion Investment
• NTPC Green plans to invest ₹1 trillion in solar and wind assets, with a significant portion expected from an upcoming IPO.
• The target is to expand capacity from 3,220 MW to 19,000 MW by 2027.

Varun Beverages Launches ₹7,500 Crore QIP
• Varun Beverages Ltd has launched a Qualified Institutional Placement (QIP) targeting ₹7,500 crore to fund expansion.

Vodafone Idea Narrows Loss to ₹7,176 Crore
• Vodafone Idea's losses narrowed to ₹7,176 crore in Q2, with revenues up 1.8% to ₹10,932 crore amid tariff hikes.
• Increased ARPU reflects a positive trend in India's telecom sector following price adjustments.

Eicher Motors Q2 Results Show Profit Increase
• Eicher Motors’ net profit rose 8% to ₹1,100 crore for Q2, although margins narrowed slightly from last year.
• Total revenue increased by 3.6% to ₹4,263 crore, supported by solid sales from Royal Enfield.

PI Industries Reports Higher Profit and Revenue
• PI Industries saw a 5.8% increase in net profit to ₹508.2 crore, with revenue rising by 4.9% to ₹2,221 crore in Q2.
• EBITDA margin improved to 28.3%, indicating operational efficiency.

Kalyan Jewellers' Profit Declines Due to One-Time Loss
• Kalyan Jewellers reported a 3.3% drop in net profit to ₹130 crore due to a one-time loss, despite a revenue increase of 37%.
• Strong Same-Store Sales Growth signals optimism for the upcoming wedding season.

Senco Gold Revenue Grows, Profit Declines
• Senco Gold's revenue grew 31% to ₹1,500 crore, but profit after tax declined to ₹12 crore due to inventory losses.

EIH Reports 40% Profit Increase in Q2
• East India Hotels (EIH) posted a 40% increase in net profit to ₹132 crore, with revenue rising by 12.6% to ₹622.58 crore.
• The company has ambitious expansion plans with a pipeline of 20 new properties by 2029.

Torrent Power Net Profit Declines Amid Weak Demand
• Torrent Power's net profit dropped by 9% to ₹495.72 crore due to decreased electricity demand from the prolonged monsoon.
• Despite challenges, total income increased to ₹7,300.51 crore, showcasing resilience.

Summary of Warren Buffett's Investment Philosophy: Emphasizing Long-Term Value and Strong Fundamentals

1. Introduction to Buffet's Philosophy:
- Warren Buffett emphasizes long-term value creation and investing in sound businesses.
- His investment strategy focuses on companies with strong fundamentals and a history of profitability.

2. Categorization of Businesses:
- Buffett classifies businesses as great, good, or gruesome based on their economic viability.
- Great businesses have high returns on capital, while gruesome businesses struggle to be profitable.

3. Importance of Dividends:
- Buffett favors companies that return profits to shareholders through dividends.
- Dividends reflect a company's financial health and management quality.

4. Evaluating Management:
- Trustworthy and competent management is critical for assessing a business's potential.
- Buffett looks for transparency and the ability to learn from mistakes in leadership.

5. The Role of 'Moats':
- A 'moat' signifies a company's competitive advantage that ensures sustained profitability.
- Investors should assess the endurance of a moat to gauge a company's long-term viability.

6. Investing in Technology:
- Buffett shows an evolving interest in technology companies while maintaining core investment principles.
- His approach includes applying traditional value analysis to new market opportunities.

7. Avoiding Gruesome Investments:
- Investing in gruesome businesses can lead to significant losses and distract from potential opportunities.
- Buffett warns that poor investments harm overall portfolio performance.

8. Long-Term Investment Approach:
- Buffett's strategy emphasizes holding underpriced stocks for extended periods.
- Successful investing requires thorough analysis and patience to realize long-term gains.

9. Long-Term Investment Potential:
- Identifying companies in the growth phase can yield high returns over 8-10 years.
- Applying Warren Buffett's investment philosophy enhances chances of stock picking success.

10. Importance of Fundamental Analysis:
- Understanding business characteristics and enduring moats is crucial for investors.
- Focus on companies with strong fundamentals for confident market navigation.

Stock Market News (Quick Updates)
28th October 2024

Watch the full video here-
https://youtu.be/2swVEjEUPH4

Global News

Nasdaq Hits All-Time High
• The Nasdaq Composite rose 0.56% to 18,518.61, fueled by strong megacap tech stocks.
• Dow Jones dropped 259.96 points, ending a six-week winning streak.

Japan Elections Result in LDP Setback
• The ruling LDP faces its worst results since 2009 amid a funding scandal and rising inflation.
• Prime Minister Ishiba aims for a coalition to maintain a majority amid significant opposition gains.

Indian Market

Market Overview
• Global trends and foreign investor activity will heavily influence this week’s market movements.
• Caution lingers as markets brace for upcoming macroeconomic data and geopolitical developments.

Consumer Price Increases
• Rising crude palm oil prices prompt Indian consumer firms to raise product prices significantly.
• Hindustan Unilever and Godrej Consumer Products are adjusting prices to navigate the inflation crisis.

Stock-wise news

Swiggy Cuts IPO Valuation Again
• Swiggy lowers IPO valuation to $11.3 billion amid market volatility and Hyundai's lukewarm debut.
• BlackRock and CPPIB are set to invest in Swiggy's $1.4 billion offering.

Coal India Q2 Profit Declines
• Coal India reports a 22% drop in net profit to ₹6,275 crore for Q2, driven by lower sales.
• The company declared an interim dividend of ₹15.75 per share despite production challenges.

IndiGo Posts ₹986 Cr Loss
• IndiGo reports a net loss of ₹986.7 crore in Q2, impacted by high fuel costs and grounded planes.
• Revenue increased 14.6% YoY, but total expenses rose nearly 22%.

JSW Steel Net Profit Slumps 84%
• JSW Steel's Q2 net profit fell 84.1% to ₹439 crore as revenue decreased by 11%.
• The decline is attributed to lower sales realization and increased imports affecting the market.

Inox Wind Reports Profit Surge
• Inox Wind recorded a net profit of ₹90.20 crore for Q2, reversing a loss from last year.
• Total income soared to ₹741.74 crore, backed by a strong order book of 3.3 GW.

IndusInd Bank Shares Plunge
• Shares dropped 19% after a 40% YoY decline in Q2 net profit to ₹1,325.45 crore.
• The bank's market capitalization fell by ₹18,500 crore, now ranking 12th among lenders.

JSW Steel Sees Major Profit Decline
• JSW Steel's net profit slumped 84.1% YoY to ₹439 crore amid lower sales realization.
• Revenue from operations fell 11% to ₹39,684 crore, missing analysts' expectations.

IDFC First Bank Reports Major Profit Drop
• IDFC First Bank's net profit fell 73% to ₹201 crore in Q2 FY25, despite a rise in total income.
• Provisions increased significantly, reflecting a cautious approach to asset quality.

ICICI Bank Posts Strong Q2 Earnings
• ICICI Bank's net profit rose 14.5% YoY to ₹11,746 crore, beating estimates amid solid growth in non-interest income.
• Asset quality improved with gross NPA ratio declining to 1.97%.

Shriram Finance Net Profit Rises 20%
• Shriram Finance reported a 20% YoY increase in net profit to ₹2,153.27 crore for Q2 FY25.
• The board declared an interim dividend of ₹22 per share alongside improving asset quality.

Yes Bank Sees Healthy NII Growth
• Yes Bank's net interest income increased 14.3% YoY to ₹2,200.4 crore with a net profit of ₹553 crore.
• Gross NPA improved to 1.6% from 1.7%, with provisions down 40.6% YoY.

Airtel Africa's Profit Declines 80%
• Airtel Africa's Q2 net profit dropped to $24 million, impacted by significant currency devaluation.
• Revenue fell 2.6% to $1.21 billion, showing improved resilience compared to the previous quarter.

shifts focus to off-premise business.

Indian Energy Exchange Net Profit Up
* IEX reported a 25% increase in net profit to ₹108.32 crore for Q2.
* Trading volumes surged by 24%, though results slightly missed analyst expectations.

Stock Market News (Quick Updates)
25th October 2024

Watch the full video here-
https://youtu.be/I_FGHhEeZgM

World Economy

Dow Declines for Fourth Straight Day
* The Dow fell 180 points, impacted by rising rates and weak earnings reports.
* Tesla's strong Q3 results provided some lift to the Nasdaq, which rose 0.6%.

10-Year Treasury Yield Pulls Back
* The yield on the 10-year Treasury rose above 4.25%, reflecting market adjustments.
* Traders are monitoring Fed comments as initial jobless claims fell to 227,000.

US Weekly Jobless Claims Drop
* New unemployment claims decreased by 15,000 to 227,000, defying expectations.
* Fewer filings post-Hurricane Helene contributed to the drop despite rising claims from Hurricane Milton.

Indian Economy

Signs of Urban Economic Slowdown
* Consumer sectors face weak demand amidst high inflation and decreased FMCG growth.
* Rural areas show resilience, but urban markets continue to struggle with slower spending.

India's Composite PMI Rises to 58.6
* HSBC's Composite PMI indicates sustained growth with job creation reaching its highest pace since 2006.
* Manufacturing saw improved output and sales against rising input costs.

Stock-wise News

ITC Reports Q2 Growth
* ITC's revenue rose 15.6% YoY while net profit increased by 1.9%, supported by diverse segments.
* The cigarette sector showed sustained volume recovery amidst challenging market conditions.

Swiggy Lowers IPO Valuation Target
* Swiggy aims for a valuation of $12.5-13.5 billion for its upcoming IPO, down from $15 billion.
* Market volatility and corrections prompted the reevaluation ahead of its listing on November 13.

Aster DM Healthcare Sees Stock Surge
* Aster DM's stock rose 13.9% after reporting a net profit of ₹96.84 crore in Q2, bouncing back from losses.
* Plans for expansion include increasing hospital beds to meet growing healthcare demand in India.

Piramal Pharma Q2 Results Show Growth
* Piramal Pharma's net profit quadrupled to ₹23 crore, driven by a 17% revenue increase.
* The company announced an $80 million expansion plan for its Lexington facility to boost capabilities.

Godrej Properties Net Profit Soars
* Godrej Properties’ net profit increased nearly fivefold to ₹335.21 crore in Q2 FY25.
* The company achieved record bookings of ₹5,198 crore, reflecting strong demand and sales growth.

Zomato Confirms Fee Hike
* Platform fees raised from ₹7 to ₹10 in select cities ahead of the festive season.
* Zomato states fee adjustments are routine, aimed at covering operational costs.

Colgate-Palmolive Q2 Results
* Net profit rose 16% YoY to ₹395 crore, with sales increasing by 10% to ₹1,609 crore.
* Higher advertising spending supports brand development and product quality enhancements.

India Inc's Q2 Growth Slows
* Estimated revenue growth for Indian companies falls to 5-7%, the slowest in 16 quarters.
* Construction sector stagnation and lower performance in industrial commodities contribute to the slowdown.

KPIT Technologies Shares Plummet
* KPIT's stock fell 15% due to sluggish guidance for H2 FY25 despite a 4% revenue increase in Q2.
* Management projects lower growth expectations amid delayed project starts and offshoring demand.

Adani Wilmar Returns to Profit
* Adani Wilmar reports a 17.9% revenue growth to ₹14,460 crore, recovering from a previous loss.
* Net profit reached ₹311 crore, marking significant improvement year-on-year.

ACC Q2 Results Show Profit Decline
* ACC’s profit after tax fell to ₹200 crore, despite record revenue of ₹4,613 crore.
* The company expects demand to improve in H2 FY25, driven by post-monsoon construction activities.

Oyo Net Profit Surges
* Oyo reports a net profit of ₹158 crore for Q2, rebounding from a loss of ₹50 crore last year.
* Revenue increased to ₹1,578 crore, bolstered by recent acquisition of G6 Hospitality.

Westlife Foodworld Faces Major Decline
* Westlife's net profit dropped 98.4% to ₹35.78 lakh amidst rising expenses.
* Same-store sales growth declined by 6.5% as the company

Stock Market News (Quick Updates)
24th October 2024

Watch the full video here-
https://youtu.be/yzBZIHW8zPM

*World Economy*

Dow Continues Decline
• Dow Jones fell 378 points as Treasury yields exceed 4.25%, marking a third consecutive day of losses.
• Skepticism grows over further Fed rate cuts despite robust economic data.

*Indian Economy*

Gold and Silver Prices Hit Record Highs
• Gold prices reached ₹81,500 per 10 grams, driven by strong wedding season demand.
• Silver surged to ₹1.02 lakh per kg, reflecting both seasonal demand and geopolitical risks.

Govt Lifts Rice Export Curbs
• India removes the minimum export price for non-basmati white rice, effective October 22.
• This decision comes amid ample rice stocks and stable retail prices.

India Imposes Anti-Dumping Duty on Chinese Goods
• Five-year anti-dumping duties on isopropyl alcohol and other Chinese products aim to protect domestic industries.
• Duties will help mitigate the impact of cheap imports.

*Stock-wise News*

HUL's Q2 FY25 Revenue Update
• HUL reported a 1.9% revenue increase to ₹15,926 crore, with a net profit decline of 2.4%.
• The company anticipates calibrated price increases amid rising commodity costs.

TVS Motor Company Q2 Profits Surge
• TVS Motor's net profit rose 45% to ₹560.49 crore, driven by strong motorcycle and scooter sales.
• Overall two-wheeler sales reached a record 1.228 million units.

AU Small Finance Bank Q2 Results
• AU Small Finance Bank's net profit soared 42% YoY to ₹571 crore amidst rising total income.
• CEO expressed optimism for improved economic conditions in the second half.

Pidilite Industries Q2 Performance
• Pidilite's net profit increased 17.8% to ₹540.3 crore, supported by strong volume growth.
• Demand in rural markets outpaced that in urban areas, despite some seasonal challenges.

GFCL EV Products Raises ₹1,000 Crore
• GFCL EV secures ₹1,000 crore to expand in the electric vehicle and energy storage market.
• Funding will support development of battery materials amid rising global demand.

Dr Lal Path Labs Q2 Results
• Dr Lal Path Labs reported an 18% net profit jump to ₹129 crore, driven by increased operational volumes.
• The company plans to open new labs and consider acquisitions to expand its footprint.

Persistent Systems Q2 Results
• Net profit rose 23.4% YoY to ₹325 crore, marking the 18th consecutive quarter of growth.
• Focus on AI-led services amidst strong performance in revenue and EBITDA margins.

Stock Market News (Quick Updates)
23rd October 2024

Watch the full video here-
https://youtu.be/7goEt5b0qqY

World Economy

GM Raises 2024 Earnings Guidance
- GM's Q3 earnings per share hit $2.96, surpassing expectations and prompting an upward revision for 2024.
- Full-year adjusted earnings forecast raised to $14-$15 billion, bolstered by strong North American performance.

Gold Hits Record High Amid Uncertainties
- Gold prices soared to an all-time high of $2,741.97 on safe-haven demand linked to U.S. election jitters.
- Analysts speculate prices may reach $3,000 if geopolitical tensions escalate further.

IMF: Global Inflation Nearly Conquered
- IMF reports global inflation projected to drop to 3.5% by end of 2025, emphasizing a need for policy adjustments.
- Despite inflation control, increasing geopolitical risks present a challenge to growth prospects.

Indian market

AICPDF Alleges Predatory Pricing by Quick Commerce Players
- Distributors body files complaint against Blinkit, Swiggy, and Zepto for alleged predatory pricing tactics.
- CCI has initiated an investigation; claims threaten small retailers' viability amid booming quick commerce.

IMF Maintains India's GDP Growth Forecast
- IMF keeps India's GDP growth forecast at 7% for FY25 and 6.5% for FY26, citing robust consumption.
- The Reserve Bank of India aligns with this outlook, highlighting strong economic fundamentals.

Route Mobile Reports Q2FY25 Results
- Route Mobile's net profit rose 14% to ₹101.27 crore, driven by record quarterly revenue.
- Despite seasonally weak Q2, optimism for Q3 remains high due to festive demand.

Stock-wise News

SRF Q2 Results Show Profit Decline
- SRF's net profit fell 33% to ₹201.42 crore amid higher expenses.
- Plans to invest ₹1,100 crore in new plants to manufacture fourth-generation refrigerants are underway.

Kajaria Ceramics Q2 Results
- Kajaria's net profit declined 22% to ₹84.27 crore, missing expectations amid sluggish demand.
- Revenue grew 5%, but construction sector challenges were evident.

ICICI Securities Q2FY25 Results
- ICICI Securities posted a 25% profit increase to ₹529 crore, supported by rising income in broking and distribution.
- Total income surged 37% to ₹1,707 crore.

Supreme Industries Revenue and Profit Decline
- Supreme Industries saw a 15% drop in PAT, pulling down shares by 10%.
- Revenue fell 1.55%, attributed to price volatility in the plumbing sector.

Ambuja Cements to Acquire Stake in Orient Cement
- Ambuja Cements plans to acquire a 46.8% stake in Orient Cement for ₹8,100 crore.
- The deal aims to expand operational capacity and strengthen market position.

Paytm Reports Q2FY25 Earnings
- Paytm's net profit surged to ₹930 crore, boosted by a one-time gain; however, revenue fell 34% to ₹1,659 crore.
- Expecting growth in GMV during the festive season, the company expands partnerships for new initiatives.

Bajaj Finance Q2 Results
• Net profit at ₹4,014 crore, missing estimates of ₹4,343 crore amid rising loan losses.
• Gross NPA ratio increased to 1.06%, reflecting stress in unsecured loans.

Hyundai Motor India Market Debut
• Shares dropped over 7% on debut after India’s largest IPO valued at ₹27,870 crore.
• Closing price was ₹1,820, down from the issue price of ₹1,960, raising concerns among investors.

Nestlé India's Profit Dip
• Nestlé reported a 1% decline in net profit as urban demand falters amidst food inflation.
• Chairman noted mega cities are becoming pressure points for the FMCG sector.

Zomato Q2 Results
• Profit surged fivefold to ₹176 crore, but revenue declined 30% from previous quarter.
• Company plans to raise up to ₹8,500 crore through a qualified institutional placement.

Varun Beverages Q3CY24 Growth
• Sales volume grew by 21.9%, totaling 26.75 crore cases, despite heavy rains.
• Ebitda surged by 30.5%, driven by improvement in operational efficiencies.

FIIs sector wise Outflows & Inflows from 1st to 15th October 2024