Friday 21 December 2018

@AlliesFin Serve T.ME/ALLiESFiN's Post

be suspended from December 28 - It will merger with IDFC Bank

ONGC approved share buy-back at Rs159 a share worth Rs40.22bn or nearly 2.5% equity, ONGC sets Jan 4 as record date for share buy-back - It is a small share buy-back. However, ONGC has a strong fundamental and attractive dividend yield.

Mercator Line wins contract Rs1.68bn - Avoid on the stock, poor fundamental - Avoid

Fitch affirms Shriram Transport Finance rating at BB+, outlook stable and Shriram Transport Finance raises Rs4.25bn via bonds - Positive for Shriram Transport

Container Corporation issue bonus 1 share for four share held - Poor bonus issue announcement while street expectation of higher bonus

Government said to see state run bank Recap worth Rs410bn, Government is said to seek nod for Rs860bn additional spending - It will be a big positive for PSU Banks. We are positive on SBI. Union Bank, Canara Bank, OBC may positive after announcement of recapitalization.

Indian Energy Exchange approves share buy- back proposals of 1.23% of share capital at Rs185 a share - Avoid on the stock because 1% of share buy-back

Dividend – IOC,

Board Meetings – PVR,

AGM – JP Associates,

EGM - OBC
By: via @AlliesFin Serve T.ME/ALLiESFiN

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Bharat India Daybook Stocks in News *Jupiter Wagons:* Net profit at Rs 105 crore, Revenue at Rs. 1115 crore, up by 57 % YoY. (Positive) ...