Indeed, flow forces are rather stressful for these animals. The body shapes of many lotic zoobenthos are not well adapted to minimize forces of flow, as has been generally believed. Examples from lotic macroinvertebrates, in particular original data on the water bug Aphelocheirus aestivalis (Fabr.), demonstrate how organismic responses are linked to the hydraulic environment. The hydraulic environment shows characteristic patterns within whole catchments or within reaches of different types of running waters (e.g., high gradient mountain stream, lowland stream, mid-order river). Calculations of these complex key characteristics require measurement of simple hydraulic characteristics like mean velocity, water surface slope, depth, bottom roughness, kinematic viscosity, and density of the water. #LIQUID NOTES 1.1.0.4 TORRENT FREE#We demonstrate methods for estimating complex hydraulic key characteristics, like turbulence in the free flow, turbulence close to the stream bottom, and the force of flow prevailing at the bottom. Since a unified analytical solution for all important hydraulic variables in running waters does not exist at the moment, we advocate a simpler view of the physical system. Using an approach we call "hydraulic stream ecology", we link organismic responses to a more comprehensive treatment of the physical environment. Motilal Oswal research is available on Bloomberg, Thomson Reuters, Factset and S&P Capital.Although it is well known that metabolism, feeding, and behaviour of lotic organisms is influenced by various flow characteristics, hydraulic variables usually are not accurately measured in lotic ecology studies. Research Team Investors are advised to refer through important disclosures made at the last page of the Research Report. Chart of the Day: Renewable generation in India’s electricity mix Exhibit 1: India’s electricity generation mix Exhibit 2: Share of RE (%) While as a share of all-India electricity generation RE was just 6.8% in 10mFY17 (up from 5.7% L.Y), of incremental generation it was significant at ~24%. generation up 3.5% YoY Piping hot news Narendra Modi govt’s target of 20% gas energy mix by 2025 set to hit highcost hurdle The NDA government expects the share of natural gas in the energy mix of India to be 20% by 2025 compared with 11% in 2010, as stated by the Petroleum and Natural Gas Regulatory Board (PNGRB) in its Vision 2030 document. Research covered Key Highlights Steady growth ahead Glyphosate prices on uptrend Growth prospects appear robust Rural growth to be the key trigger White cement gaining scale, deserves premium valuation February 2017: Daily avg. Therefore, GM corn launch is not under sight for atleast 3years. Due to uncertain regulatory environment and approval process at the Genetic Engineering Appraisal Committee (GEAC) very slow, company has not filed for GM corn and has withdrawn Bollgard-II Roundup Ready Flex (RRF). However, Monsanto has been able to maintain its market share in Hybrid Corn. With herbicide market penetration low in India and share of hybrid corn (at 65% currently) to structurally improve over a period of time, Monsanto is expected to deliver steady revenue growth. % YTD.% USD/INR 66.7 0.0 -1.8 USD/EUR 1.1 -0.4 0.2 USD/JPY 114.6 0.6 -2.0 YIELD (%) Close 1MChg YTDchg 10 Yrs G-Sec 6.9 0.0 0.3 10 Yrs AAA Corp 8.0 0.0 0.4 Flows (USD b) 8-Mar MTD YTD FIIs 0.5 1.0 2.6 DIIs -0.3 -0.8 0.0 Volumes (INRb) 8-Mar MTD* YTD* Cash 281 255 254 F&O 4,688 3,885 4,344 Note: YTD is calendar year, *Avg Quote of the day Success is most often achieved by those who don't know that failure is inevitable Cos/Sector Monsanto India Marico J K Cement mPower Today’s top research ideas Monsanto India: Steady growth ahead Glyphosate prices on uptrend Corn market share to remain stable Glyphosate prices are expected to move upward after a sharp correction from a high of INR300/kg in FY16 to ~INR230/kg in FY17, while new launches in hybrid corn should aid margin expansion. 9 March 2017 Market snapshot Equities - India Close Chg.
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