Friday, 30 July 2021

@AlliesFin Serve Stock Market's Post

India to Allow 100% FDI Under Auto Route for State Oil Co. Sale

India Inflation To Be Within Central Bank Target Range: Adviser

Bharti Airtel Lost Net 4.6M Mobile Users in May; Jio Added 3.6M

Embassy REIT Sees Office Demand Rebounding by March, CEO Says

Cash Is King for Whipsawed Emerging-Market Investors, HSBC Says

Investors favor countries that are front-loading rate hikes

India Court Reserves Verdict on Amazon Plea to Stop Future Deal

Global Funds Sell Net INR8.66B of India Stocks on Thursday: NSE

Domestic funds Buy net 20.5b rupees of stocks

Foreign Investors Sell Net INR24.4B of Indian Equities on July 28

Foreigners Buy Net INR41.2B Indian Equity Derivatives Thursday

U.K. Carmakers Low on Staff in Second-Worst June Since 1953

Parliament passes Factoring Regulation Bill to help MSME sector: PTI

4pm: India Fiscal Deficit in Rupees for April-June Period, prior 44,475

5:30pm: Eight Infrastructure Industries Index for June (Prior 16.8%)

Ajanta Pharma (AJP): 1Q net income +18% y/y to 1.74b rupees, beats est. 1.67b; revenue +12% y/y to 7.48b

Container Corp. (CCRI): 1Q net income 2.55b rupees vs. 616.7m y/y, beats est. 1.95b, revenue +52% y/y to 18.1b

Deepak Nitrite (DN): 1Q net income 3.02b rupees vs. 989.5m y/y, beats est. 2.59b

Laurus Labs (LAURUS): 1Q net income +40% y/y to 2.41b rupees, misses est. 2.74b

Mangalore Refinery (MRPL): 1Q net loss 863m rupees vs. loss 5.20b Y/y

Oberoi Realty (OBER): 1Q net Income 806.3m rupees vs. 280.7m y/y

R Systems International (RSYS): To consider share buyback on Aug. 6

Shriram City Union (SCUF): 1Q net income 2.08b rupees vs. 1.92b y/y

Tech Mahindra (TECHM): 1Q net income +39% y/y 13.5b rupees, beats est. 12.16b; revenue +12% y/y to 102b

TVS Motor (TVSL): 1Q net income 531.5m rupees vs. loss 1.40b y/y, misses est. 1.29b; revenue 39.3b vs. 14.3b y/y

Union Bank Of India (UNBK): 1Q net income 11.8b rupees vs. 3.33b y/y, provisions 35.2b; Gross NPA 13.6% vs. 13.7% q/q

 
By: via @AlliesFin Serve Stock Market

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SEBI issues consultation paper to review SME IPO and disclosure norms. Some key points are as follows 1. Minimum application size shall be...