WONDERLA.NSE News

In this briefing: Hindalco: 44% Upside as Earnings De-Link from LME Volatility Exencial Industry Tidings 22/12/2025 Primer: India Shelter Finance (0570670D IN) - Dec 2025 Hindustan Zinc: Silver-Led Earnings Strength with Embedded Tail-Upside Primer: Wonderla Holidays (WONH IN) - Dec 2025 1. Hindalco: 44% Upside as Earnings De-Link from LME Volatility Earnings decouple from LME as Novelis delivers contracted conversion margins and Bay Minette adds multi-year EBITDA. Downstream India compounds via EV, aerospace and façades with 4× EBITDA targeted by FY30. Valuation re-rates toward industrial multiples, driving ~44% upside over 24–30 months. 2. Exencial Industry Tidings 22/12/2025 Over 200 drug samples fail quality checks in November 2025 Titan expects watch business' revenue to touch USD 1 billion in next 2 yrs Indian Railways fails to recover Rs.40.9 bln from private siding owners: CAG report 3. Primer: India Shelter Finance (0570670D IN) - Dec 2025 India Shelter Finance is a rapidly growing housing finance company focused on the underserved affordable housing segment in India's Tier II and Tier III cities.

In this briefing: Walmart (WMT US): Unwrapping Nasdaq100 Inclusion Following Listing Transfer Ricegrowers Ltd - Solid result considering investment & environment Asian Stocks Tactical Outlook (Week Dec 22 – Dec 26) Merger Arb Mondays (22 Dec) - Dongfeng, Jinke, ANE, ENN, Makino, Pacific Ind, Raksul, Toyota Ind Primer: Wonderla Holidays (WONH IN) - Dec 2025 1. Walmart (WMT US): Unwrapping Nasdaq100 Inclusion Following Listing Transfer Walmart (WMT US) is now eligible for Nasdaq100 following its listing change from NYSE to Nasdaq on 9 December 2025, marking the largest exchange transfer in history. The listing transfer was completed after the December 2025 annual review cut-off, so Nasdaq100 inclusion is anticipated by December 2026. Forecasted passive fund demand upon inclusion is ~600m shares, $70bn and 25 ADV. 2. Ricegrowers Ltd - Solid result considering investment & environment Ricegrowers Limited, trading as SunRice (ASX:SGLLV) has reported its H1 FY26 result, delivering RaaS adjusted NPAT of $34.8m, 11.5% above the previous corresponding period (pcp) and a touch above RaaS estimates, albeit aided by a lower tax rate (23% vs. 28% forecast and the pcp).

In this briefing: Ricegrowers Ltd - Solid result considering investment & environment Asian Stocks Tactical Outlook (Week Dec 22 – Dec 26) Merger Arb Mondays (22 Dec) - Dongfeng, Jinke, ANE, ENN, Makino, Pacific Ind, Raksul, Toyota Ind Primer: Wonderla Holidays (WONH IN) - Dec 2025 Primer: Binggrae Co Ltd (005180 KS) - Dec 2025 1. Ricegrowers Ltd - Solid result considering investment & environment Ricegrowers Limited, trading as SunRice (ASX:SGLLV) has reported its H1 FY26 result, delivering RaaS adjusted NPAT of $34.8m, 11.5% above the previous corresponding period (pcp) and a touch above RaaS estimates, albeit aided by a lower tax rate (23% vs. 28% forecast and the pcp). Net debt closed the half at $169m, the lowest since October 2021 despite ~$125m in subsequent acquisitions. Operating cash flow was 115% of adjusted EBITDA and the interim dividend was in-line at 20cps. 2. Asian Stocks Tactical Outlook (Week Dec 22 – Dec 26) A tactical WEEKLY snapshot of the Asian indices and stocks we cover.

In this briefing: Ricegrowers Ltd - Solid result considering investment & environment Primer: India Shelter Finance (0570670D IN) - Dec 2025 Amaero International Ltd - Order from Titomic adds to FY26 revenue Hindustan Zinc: Silver-Led Earnings Strength with Embedded Tail-Upside Primer: Wonderla Holidays (WONH IN) - Dec 2025 1. Ricegrowers Ltd - Solid result considering investment & environment Ricegrowers Limited, trading as SunRice (ASX:SGLLV) has reported its H1 FY26 result, delivering RaaS adjusted NPAT of $34.8m, 11.5% above the previous corresponding period (pcp) and a touch above RaaS estimates, albeit aided by a lower tax rate (23% vs. 28% forecast and the pcp). Net debt closed the half at $169m, the lowest since October 2021 despite ~$125m in subsequent acquisitions. Operating cash flow was 115% of adjusted EBITDA and the interim dividend was in-line at 20cps. 2. Primer: India Shelter Finance (0570670D IN) - Dec 2025 India Shelter Finance is a rapidly growing housing finance company focused on the underserved affordable housing segment in India's Tier II and Tier III cities.

In this briefing: B&K (华芢生物科技) IPO: Trading Updates Primer: India Shelter Finance (0570670D IN) - Dec 2025 Biren Technology IPO: China’s “NVIDIA Moment” and The Rise of a Homegrown AI Chip Champion Hindustan Zinc: Silver-Led Earnings Strength with Embedded Tail-Upside Primer: Wonderla Holidays (WONH IN) - Dec 2025 1. B&K (华芢生物科技) IPO: Trading Updates B&K raised HKD 674m (USD 87m) from its global offering and will list on the Hong Kong Stock Exchange on Monday December 22, 2025. In our previous note, we looked at the company's core products, management track records. In this note, we provide an update for the IPO before trading debut. 2. Primer: India Shelter Finance (0570670D IN) - Dec 2025 India Shelter Finance is a rapidly growing housing finance company focused on the underserved affordable housing segment in India's Tier II and Tier III cities. The company targets self-employed individuals, a niche with significant growth potential but also higher inherent credit risk. Its in-house, technology-driven model for loan origination and servicing is a key operational strength.

In this briefing: Primer: India Shelter Finance (0570670D IN) - Dec 2025 Hindustan Zinc: Silver-Led Earnings Strength with Embedded Tail-Upside Primer: Wonderla Holidays (WONH IN) - Dec 2025 Reliance Industries: India’s GDP in a Single Stock? Voltas: Muted Demand Continues Amid Rising Cost Pressures. Maintain ADD 1. Primer: India Shelter Finance (0570670D IN) - Dec 2025 India Shelter Finance is a rapidly growing housing finance company focused on the underserved affordable housing segment in India's Tier II and Tier III cities. The company targets self-employed individuals, a niche with significant growth potential but also higher inherent credit risk. Its in-house, technology-driven model for loan origination and servicing is a key operational strength. Strong financial performance, characterized by robust AUM growth and healthy profitability, is a key attraction. However, the company's high valuation and exposure to interest rate volatility are notable risks. This content is AI-generated and displayed for general informational purposes only.

In this briefing: Primer: India Shelter Finance (0570670D IN) - Dec 2025 Biren Technology IPO: China’s “NVIDIA Moment” and The Rise of a Homegrown AI Chip Champion Hindustan Zinc: Silver-Led Earnings Strength with Embedded Tail-Upside Primer: Wonderla Holidays (WONH IN) - Dec 2025 Primer: Binggrae Co Ltd (005180 KS) - Dec 2025 1. Primer: India Shelter Finance (0570670D IN) - Dec 2025 India Shelter Finance is a rapidly growing housing finance company focused on the underserved affordable housing segment in India's Tier II and Tier III cities. The company targets self-employed individuals, a niche with significant growth potential but also higher inherent credit risk. Its in-house, technology-driven model for loan origination and servicing is a key operational strength. Strong financial performance, characterized by robust AUM growth and healthy profitability, is a key attraction. However, the company's high valuation and exposure to interest rate volatility are notable risks. This content is AI-generated and displayed for general informational purposes only.

In this briefing: Primer: India Shelter Finance (0570670D IN) - Dec 2025 Amaero International Ltd - Order from Titomic adds to FY26 revenue Hindustan Zinc: Silver-Led Earnings Strength with Embedded Tail-Upside Primer: Wonderla Holidays (WONH IN) - Dec 2025 Primer: Binggrae Co Ltd (005180 KS) - Dec 2025 1. Primer: India Shelter Finance (0570670D IN) - Dec 2025 India Shelter Finance is a rapidly growing housing finance company focused on the underserved affordable housing segment in India's Tier II and Tier III cities. The company targets self-employed individuals, a niche with significant growth potential but also higher inherent credit risk. Its in-house, technology-driven model for loan origination and servicing is a key operational strength. Strong financial performance, characterized by robust AUM growth and healthy profitability, is a key attraction. However, the company's high valuation and exposure to interest rate volatility are notable risks. This content is AI-generated and displayed for general informational purposes only.

In this briefing: Asian Stocks Tactical Outlook (Week Dec 22 – Dec 26) Merger Arb Mondays (22 Dec) - Dongfeng, Jinke, ANE, ENN, Makino, Pacific Ind, Raksul, Toyota Ind Primer: Wonderla Holidays (WONH IN) - Dec 2025 Primer: Binggrae Co Ltd (005180 KS) - Dec 2025 Primer: Beyond Meat (BYND US) - Dec 2025 1. Asian Stocks Tactical Outlook (Week Dec 22 – Dec 26) A tactical WEEKLY snapshot of the Asian indices and stocks we cover. Many Asian stocks we track are flashing very oversold signals—creating tactical long setups worth considering. Toyota Motor (7203 JP) is the only Asian stock overbought. 2. Merger Arb Mondays (22 Dec) - Dongfeng, Jinke, ANE, ENN, Makino, Pacific Ind, Raksul, Toyota Ind I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia, Malaysia, Philippines, Thailand and Chinese ADRs. Highest spreads: Smart Share Global (EM US) , Dongfeng Motor (489 HK) , ENN Energy (2688 HK) , Jinke Smart Services (9666 HK) , Humm Group (HUM AU) , Qube Holdings (QUB AU) .