Wednesday 25 May 2022

@AlliesFin Serve Stock Market's Post

Namaste !!

• Biden, Modi Discuss Efforts to Curb Rise in Food, Energy Prices
• Japan, India Agree to Strengthen Security, Defense Cooperation
• Etihad CEO Says India Sales Higher, Optimistic on China Rebound
• Gainers From $110 Oil to Also Pay Economic Price: India Minister
• India Coal Output Rises 36.2% Y/y to 34M Tons in May First Half
• Indian Refiners Maintain Full Capacity on Demand, Tight Supply
• India Mulls Tax Cut on Soybean and Sunflower Oil to Cool Prices
• India to Limit Sugar Exports in Risk to Global Food Prices
• Sugar Gains on India Export Curb Plan, Focus Now Turns to Brazil
• Malaysia Rules Out Curbs on Cooking Oil Exports, Minister Says
• India’s SEBI Asks Ex-NSE CEO Ramkrishna to Pay Off Penalty
• SoftBank-Backed Oyo Is Said to Shelve Plans for IPO in 2022
• Coal India to Report Results; Shares up 25.7% YTD: Preview
• Global Funds Sell Net INR23.9B of India Stocks Tuesday: NSE
o Domestic funds buy net 19.5b rupees of stocks
• Foreign Investors Sell Net INR12.85B of India Equities on Monday
• Balrampur Chini (BRCM): 4Q Net Income 2.4B Rupees Vs. 2.36B Rupees Y/y
• Bank of Baroda (BOB): to consider revision in dividend of 2021-22 on May 31
• Bank of India (BOI): To Raise Funds Via QIP or FPO in FY23
• Brookfield India REIT (BIRET): To consider fund raising option on May 27
• Eveready Industries (EVRIN): Open offer to begin June 3, close June 16
• Grasim (GRASIM): 4Q Net Income 10.7b rupees vs. 4.8b y/y, beats est. 4.87b; 4Q includes tax gains of INR4.1b
• Ipca Laboratories (IPCA): To merge two units with itself
• Metropolis Health 4Q Net Income -35% Y/y to 399.8m rupees, estimate 524.3 mil Misses Estimates
• Minda Ind (MNDA): 4Q Net Income +2.6% Y/y to 1.44b rupees, beats est. misses 1.12b; To give 1 free share for each held
• SIS Ltd. (SECIS): To take full control of unit Terminix SIS India
• Titagarh Wagons (TWL): Gets $1B Order From Indian Railways
By: via @AlliesFin Serve Stock Market

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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...