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*Startup Updates by VCATs*

*Nykaa Backer Lighthouse In Talks To Raise $400 Mn Fund To Invest In Consumer Brands*
https://inc42.com/buzz/lighthouse-in-talks-to-raise-400-mn-fund-to-invest-in-consumer-space-report/

*Fintech Jai Kisan raises $50 million in Series B*
https://www.livemint.com/companies/start-ups/jai-kisan-snags-50-mn-in-first-close-of-series-b-funding-round/amp-11659099212996.html

*AI-driven nutrition marketplace GetSupp raises Rs 9.5Cr led by General Catalyst, Better Capital*
https://indianstartupnews.com/news/getsupp-raises-9-5-crore-in-funding-from-general-catalyst-better-capital/

*Pepperfry Rejigs Business Structure Ahead Of $300 Mn IPO*
https://inc42.com/buzz/ipo-bound-pepperfry-rejigs-business-structure/

*Around 90 VC, PE and debt funds ready to back Indian startups in 2022*
https://entrackr.com/2022/07/around-90-vc-pe-and-debt-fund-ready-to-back-indian-startups-2022/
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*KABRA EXTRUSION TECHNIK*
ABOUT
Kabra Extrusiontechnik Limited was incorporated in 1982. It is part of the Kolsite group and operates in the business of plastic extrusion machinery. KET specializes in providing plastic extrusion machinery for manufacturing pipes and films. It has two manufacturing locations in Daman. Co. has also started Lithium ion battery packs business from FY21 [1] [2]

KEY POINTS
Products
Single Screw Extrusion lines for PVC, cPVC, PP-R pipes, etc.
Twin screw lines for extrusion of RPVC/ CPVC pipes, etc.
Other products: High Speed Flat and Round Drip Tube lines, Monolayer Blown Film Lines, High Capacity Mixer-coolers, etc.
Lithium Ion Battery - to start post March ’20[1]

Market Position
The Company is India’s largest manufacturer of Plastic extrusion machines.

Clients
Plastiblends India Ltd, Kothari Agritech Solapur India, Proppyl Packs Ltd., among others.

Manufacturing capabilities
Plastic
It has more than 14300 installations worldwide.
Manufacturing facilities in Daman, India.
Battery
Capacity - 3,00,000 Battery Packs for 2W or 1,25,000 Packs for 3W
Production Capacity - 500 Megawatt-hours (Mwh)

Lithium-ion Battery Packs
Company has set up a new manufacturing facility at Chakan, Pune for Module and battery packs.
Co. will be manufacturing lithium-ion Battery Packs with Battery Management Systems with technology tie-up with a European partner, to green energy storage systems and Electric vehicles transportation.
Company has commenced commercial production at its new manufacturing unit in Pune and launched a new product under the Brand Name “Battrixx”.

Capex
The company incurred CapEx of 12% of the revenue on PPE.

Joint Venture
The co. with Penta SR entered into a joint venture viz. Penta Auto Feeding India Ltd in 2015. Revenue for Penta Auto Feeding India Ltd dropped by 28% in FY20.

R&D
Company had R&D expenditure of 5% of the revenue as compared to 4% in FY19.

Focus
Company will leverage its ability to adapt new technologies in the lithium-ion battery pack with BMS, to suit Indian needs and make it available to the market.
The Company continues to focus on innovations and is also exploring new opportunities in e-commerce for its spares business.
Company brought the technology for raw material handling systems and belling machines from Penta Srl and Mecanor.
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• India Airwave Bids at $18.8B Third Day; Auction to Resume Friday

• India Wants to Open Up For Lithium Mining in Batteries Quest

o Govt is seeking to change current mining laws

• Agarwal’s Vedanta Misses Profit Estimate on Higher Costs

o Total costs during the qtr increased 48% from a yr ago

• Indians’ Desperation for State Jobs Shows Unemployment Crisis

o Data for last eight years show recruitments on a decline

• Indian Firm to Invest Up to $8 Billion in Egypt Hydrogen Project

• India Finds Carriers Improperly Identified Cause of Defects

• Billionaire Adani’s Shadow Bank Plans IPO as Soon as 2024

o Adani Capital aims for a $2 billion valuation in offering

• Resilient Home Demand Helps India Wood Ply Firm Tackle Inflation

• Billionaire CEO Seeks to Reset Fintech Pioneer After IPO Fiasco

• Nomura Favors India NDOIS Steepener Trade on Swap Rally

• SEBI Fines Singh Brothers INR100M Each in Religare Case

• Global Funds Buy Net INR16.4B of India Stocks on Wednesday: NSE

o Domestic funds buy net 6b rupees of stocks

• Foreign Investors Sell Net INR940M of Indian Equities Wednesday

• India has done more than its fair share to fight climate change: Govt: PTI

• Bank credit rises 12.89 pc; deposit 8.35 pc: RBI data: PTI

• Honda to discontinue Jazz, WR-V and 4th generation City in India: PTI

• Ola Electric inks pact with heavy industries ministry for making advanced batter cells: PTI

• RBI sticks to October 1 deadline for card tokenisation: Economic Times

• Tata Neu CTO Sauvik Banerjjee quits four months after launch: Economic Times

• 4:00pm: India Fiscal Deficit in rupees for April-June, prior 129,075 crore

• 5:30pm: June Eight Infrastructure Industries, prior 18.1%

• Aban Offshore (ABAN): Gets rig contract from ONGC for three years

• Ajanta Pharma (AJP): 1Q Net Income +0.6% Y/y to 1.75b rupees, beats est. 1.54b; revenue +27% to 9.51b

• Dr Reddy’s Lab (DRRD): 1Q Net Income 11.9b rupees vs. 5.7b y/y, beats est. 6.99b; revenue +6.1% to 52.2b

• Equitas Small Finance Bank (EQUITASB): 1Q Net Income 970.1m rupees vs. 119.3m Y/y, misses est. 1.31b; Goss NPA 4.1% Vs. 4.14 q/q

• Jubilant Foodworks (JUBI): To buy 40% in Roadcast Tech Solutions for 149.5m rupees

• Mangalore Refinery and Petrochemicals: 1Q Net Income Beats Estimates

• Motilal Oswal Financial (MOFS): 1Q net income 312.6m rupees Vs. 2.21B Y/y; Revenue -16% 7.53b

• Nestle India (NEST): Nestle India 2Q Net Income 5.15B Rupees, Est. 5.74B Rupees

• Nippon Life India AM (NAM): 1Q Net Income -37% Y/y to 1.14b rupees, misses est. 1.71b; revenue +4.6% to 3.16b

• PNB Housing (PNBHOUSI): PNB Housing 1Q Net Income
+1.3% Y/y to 2.38b rupees, beats est. 1.62b; revenue -16% to 14.04b

• Punjab National Bank (PNB): 1Q Net Income 3.1B Rupees Vs. 10.2B Rupees Y/y, provisions -1.3% q/q to 47.9b; Gross NPA 11.3% Vs. 11.8% q/q

• Religare Enterprises (RELG): SEBI Fines Singh Brothers INR100M Each in Religare Case

• SBI Life Insurance (SBILIFE): 1Q Net Income +18% Y/y to 2.63b rupees, misses est. 4.53b; Net premium income +33% to 110.4b

• Shriram Transport Finance (SHTF): 1Q Net Income 9.65b rupees vs. 1.7b Y/y, est. 10.4b; revenue +11% to 51.4b

• TVS Motor (TVSL): TVS Motor 1Q Net Income 3.21b rupees vs. 531.5m Y/y, beats est. 3.03b; revenue +53% to 60.1b

• Vedanta (VEDL): 1Q net income +4.7% Y/y to 44.2b rupees, misses est. 45.73b; revenue +36 to 382.5b
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Mkt. Updates :

*SGX Nifty +172 pts (17126) from last trade 16954 ,*

Nikkei +74 pts ,
Hangseng +25 pts ,
Now @ 6.52am .

Dow +332.04 pts ,Nsdq +130.17 pts, S&P
+48.82 pts, Bovespa +1158 pts , Ftse -2 pts , Dax +115 pts , Cac +81 pts , Crude @ $97.46 brl (+1.04), Brent @ $108.00 brl (+0.86) , Gold @ 1753.70 (+17.30), Silver @ $19.98 (+0.11), Euro @ $1.0196, JPY @ $134.51,  INR @ 79.635

US GOVT. 10-YEAR YIELD : 2.69%

Today's Corporate Action
29th July Ex Date

CLEAN
Final Dividend - Rs. - 3.2500
DVL
Final Dividend - Rs. - 4.0000
EMKAY
Final Dividend - Rs. - 1.2500
SAINTGOBAIN
Dividend - Rs. - 1.5000
SAINTGOBAIN
Special Dividend - Rs. - 1.5000
SAYAJIIND
Dividend - Rs. - 1.0000
TCFCFINQ
Dividend - Rs. - 1.2000
VINYLINDIA
Dividend - Rs. - 5.0000
VINYLINDIA
Special Dividend - Rs. - 5.0000


Today's Key Results/Board Meetings, 29-Jul-22 :


HDFC, NTPC, Sun Pharma, Cipla, Indian Oil Corporation, Ashok Leyland, DLF, Emami, Exide Industries, Nazara Technologies, Piramal Enterprises, CARE Ratings, CarTrade Tech, Cholamandalam Investment, CreditAccess Grameen, Deepak Fertilisers, Easy Trip Planners, 3i Infotech, Great Eastern Shipping, GMR Infrastructure, Godrej Agrovet, Heritage Foods, JK Paper, Mahindra Logistics, Metro Brands, Rain Industries, Route Mobile, Strides Pharma Science, Star Health and Allied Insurance Company, Torrent Pharmaceuticals, VST Industries, and Zydus Wellness will be in focus ahead of June quarter earnings on July 29.


SEC.IN F&O BAN FOR , 29-Jul-22 :

*NIL*

Today's Alert :

RBI to Conduct Auction of GOI BONDS for INR 320 Billion
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For Bajaj Finserv Shareholders

Your 100 shares will be :-

Share Split of 1:5
=100*5
=500

Bonus of 1:1 is on face value of 1 means it will be after share split

=500*2
=1000

If you hold your shares till record date your 100 shares will be 1000 shares.

Telegram.me/AlliesFin

Like Share Retweet
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*Instl. Investors EQUITY Cash Trades PROV. - 28/07/2022 : Rs. CRS. :*

*FIIS : BUY +1,638 (7,300-5,662)*

*DIIS : BUY +600 (6,941-6,341)*
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India Daybook – Stocks in News


BPCL: Cabinet approves $1.6 bn investment by BPCL’s unit in Brazil (Positive)

Schaeffler: Net Profit up 76.2% at Rs 225.7 cr Vs Rs 128.1 cr, Revenue up 41.9% at Rs 1,748.8 cr Vs Rs 1,232.8 cr YoY (Positive)

Latent View: Net profit up 40.8% at Rs 31.4 cr Vs Rs 22.3 cr, Revenue up 36.6% at Rs 119.9 cr Vs Rs 87.8 cr YoY (Positive)

Bajaj Finance: GNPA and NNPA came at historic lows, will continue to trend downwards for next 2-3 quarters (Positive)

Exide Ind: Company signs a lease agreement with the Karnataka Industrial Areas Development Board for an 80-acre plot in Bengaluru. (Positive)

EIH: Net profit at Rs 2.8 cr Vs loss of Rs 113.2 cr, Revenue at Rs 394.3 cr Vs Rs 95.2 cr YoY (Positive)

Novartis: Net profit at Rs 52.3 cr Vs Rs 6.2 cr, Revenue up 23.2% at Rs 120.9 cr Vs Rs 98.1 cr (Positive)

VIP Ind: Net profit at Rs 69.1 cr vs Rs 2.5 cr, Revenue at Rs 590.6 cr vs Rs 206.2 cr (Positive)

Dixon: Net profit at Rs 45.7 cr Vs Rs 18.1 cr, Revenue up 52.9% at Rs 2,855.1 cr Vs Rs 1,867.3 cr. (Positive)

Hindustan Aeronautics: HAL has signed contract worth over $100 million with Honeywell for HTT-40 Engines (Positive)

Dhampur Sugar: The company on Wednesday reported a 26.2 percent year-on-year increase in net profit at Rs 39.3 crore for the April-June quarter. (Positive)

Blue Dart: 1Q net income 1.17b rupees Vs. 293.7m Y/y; revenue +49% to 12.9b (Positive)

IIFL Finance: 1Q group net profit 3.3b rupees vs 2.66b Y/y; Total income 19.75b vs. 15.3b (Positive)

Poonawalla Fincorp: 1Q net income 1.41b rupee vs. 645.4m Y/y; revenue +14% to 5.45b (Positive)

Shriram City Union: 1Q net income +55% Y/y to 3.23b rupees, beats est. 2.92b (Positive)

Tech Mahindra: Partners Google for launch of Street-level imagery view in India (Positive)

Filatex: Net profit down 16.8% at Rs 43.4 cr Vs Rs 52.1 cr, Revenue up 46.4% at Rs 1,023.3 cr Vs Rs 698.9 cr (Neutral)

Shoppers Stop: To invest INR200m in its unit Global SS (Neutral)

Spice Jet: DGCA orders SpiceJet to operate just 50% of approved flights for 8 weeks following multiple snags

Aarti Drugs: Net profit down 28.7% at Rs 34.8 cr Vs Rs 48.8 cr, Revenue up 7.2% at Rs 622 cr Vs Rs 580 cr (YoY).

JK Lakshmi: Profit down 15.37% at Rs 111.18 cr Vs Rs 131.37 cr. Revenue up 24.8% at Rs 1,654.1 cr Vs Rs 1,325.6 cr

Laxmi Organics: Net profit down 36.6% at Rs 64.8 cr Vs Rs 102.3 cr, Revenue up 2.7% at Rs 756.6 cr Vs Rs 736.3 cr

Welspun India: Net profit down 89.7% at Rs 22.4 cr Vs Rs 217.5 cr; Revenue down 11.6% at Rs 1,957.3 cr Vs Rs 2,214.5 cr

UBL: Net profit at Rs 161.68 cr Vs Poll of Rs 196 cr, Revenues at Rs 2436.0 cr Vs Poll of Rs 2253 cr.

Biocon: Net profit at Rs 144.4 cr Vs poll of Rs 206.9 cr, Revenues at Rs 2139 cr Vs poll of Rs 2280 cr YoY

Tata Motors: Net loss at Rs 5,006.6 cr Vs poll of 1,299 cr loss, Revenues at Rs 71935 cr Vs poll of Rs 71331 cr YoY
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*Business News Headlines*

*Economic Times*

Ø Sebi clears change in ownership of HDFC Ltd's subsidiary HDFC Property Ventures
Ø Biocon net profit rises 71 pc to Rs 144 crore in June quarter
Ø Varun Beverages: Two entities settle insider trading case with Sebi
Ø Sebi moves SC against stay on order rejecting Brickwork's consent plea
Ø 5G spectrum auction: Bids worth ₹1.45 lakh crore on Day 1
Ø A $9.4 trillion results day looms in a test for stock market
Ø IMF cuts India’s growth forecast, ups global inflation projection
Ø CCI approves Greenforest New Energies' stake buy in Tata Power Renewable
Ø HAL signs USD 100 mn engine contract with Honeywell
Ø Hatsun Agro breaches Rs 2,000 crore sales mark in April-June quarter
Ø Tata Group delivers indigenously developed Quick Reaction Fighting Vehicle to Indian Army
Ø Semiconductor shortage issue is easing: Tata Motors Group CFO

*Business Standard*

Ø Fed raises rates by 75 bps to tame inflation, flags weakening economic data
Ø Q1 results: Private banks' net profit rises 47% on fall in provisions
Ø Mergers & acquisitions on rise as startups diversify into newer spaces
Ø Want to cut govt stake in Union Bank to at least 75%: CEO A Manimekhalai
Ø Eutelsat, OneWeb to merge; Bharti to be single largest shareholder
Ø IDBI Bank sale: Clarity on sale glide path for buyers after EoI stage
Ø CFM ARC sells JBF Industries assets to Reliance Industries entity
Ø IT companies' margins decline to decade-low of 23.2% in June quarter
Ø 2-wheeler makers accelerate global expansion plans as exports gain traction
Ø Cabinet approves BPCL unit's $1.6-bn investment plan in Brazil

*Financial Express*

Ø Sebi again extends deadline for commencing KYC record validation by KRAs
Ø Sebi may expand disclosure requirements for QIP proceeds
Ø Powergrid Infrastructure Q1 net profit grows 84% to Rs 213.9 crore
Ø CCI approves Greenforest New Energies’ stake buy in Tata Power Renewable
Ø HDFC Life plans to raise funds by issuing equity, other securities
Ø Cabinet nod to Rs 1.64 lakh cr BSNL revival package
Ø Govt, LIC may offer up to 60% stake in IDBI Bank
Ø Mudra NPAs moderate in FY22, though still above pre-Covid levels
Ø Import reliance for oil jumps 10 percentage pts since 2015
Ø Tata Steel signs MoU with startup for drone-based mining solutions
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"Once we are clear about what we are doing and why, other people's opinions will not matter." Axiit
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*SGX Nifty + pts (16760) from last trade 16660 ,*


Nikkei -45 pts ,
Hangseng +35 pts ,
Now @6.57am .


Dow +436.05 pts ,Nsdq +469.85 pts, S&P
+102.56 pts, Bovespa +1666 pts , Ftse +41 pts , Dax +69 pts , Cac +46 pts , Crude @ $97.75 brl (+0.49), Brent @ $106.96 brl (+0.34) , Gold @ 1736.40 (+17.30), Silver @ $19.10 (+0.50), Euro @ $1.0187, JPY @ $136.33,  INR @ 79.845





*Today's Corporate Action*
*28th July Ex Date*



AKZOINDIA
Final Dividend - Rs. - 35.0000
AMARAJABAT
Final Dividend - Rs. - 0.5000
ASALCBR
Final Dividend - Rs. - 1.0000
AUTOAXLES
Final Dividend - Rs. - 15.0000
BAJAJELEC
Final Dividend - Rs. - 3.0000
BENGALT
Final Dividend - Rs. - 1.0000
DLINKINDIA
Final Dividend - Rs. - 3.0000
EMBASSY
Income Distribution
RITES  EMUDHRA
Final Dividend - Rs. - 1.2500
FCLFinal Dividend - Rs. - 0.4000
ICICIGI
Final Dividend - Rs. - 5.0000
ICRA
Dividend - Rs. - 28.0000
INDPRUD
Dividend - Rs. - 50.0000
KANCOTEA
Dividend - Rs. - 1.0000
KAYCEEI
Final Dividend - Rs. - 50.0000
MUNJALSHOW
Dividend - Rs. - 4.5000
NESCO
Final Dividend - Rs. - 3.0000O
SIAJEE
Interim Dividend 
ROSSELLIND
Dividend - Rs. - 0.3000
SAHYADRI
Final Dividend - Rs. - 3.0000
SAKSOFT
Final Dividend - Rs. - 3.0000
SHILCTECH
Final Dividend - Rs. - 4.0000
SMRUTHIORG
Dividend - Rs. - 3.0000
SRF
Interim Dividend 
SUBROS
Final Dividend - Rs. - 0.7000
TATASTEEL
Stock  Split From Rs.10/- to Rs.1/-TRIL
Final Dividend - Rs. - 0.1500
WIMPLAST
Final Dividend - Rs. - 8.0000
ZYDUSLIFE
Final Dividend - Rs. - 2.5000
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*Instl. Investors EQUITY Cash Trades PROV. - 27/07/2022 : Rs. CRS. :*

*FIIS : SELL -437 (4,940-5,377)*

*DIIS : BUY +712 (5,448-4,736)*
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"The past will visit us in the present. If we respond as we did in the past the cycle continues forever." Axiit
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*India Daybook – Stocks in News*


*PEL:* RBI grants approval to Piramal Ent to commence the business of nonbanking financial institution (Positive)

*Defence Stocks:* Defence panel approves Rs 28,700 cr arms purchase proposals, says Government (Positive)

*Zydus Life:* Receives final approval from the USFDA for Bisoprolol Fumarate Tablets. (Positive)

*Wipro:* Company extends strategic partnership with Nokia (Positive)

*OneWeb:* Company signs MoU with French satellite operator Eutelsat (Positive)

*HDFC Life:* To consider raising funds via preferential issue (Positive)

*ONGC* signs MoU with renewable energy company, Greenko ZeroC, to jointly pursue opportunities in renewables, green hydrogen (Positive)

*Tata Motors/Ashok Ley:* Largest tender for 8,000 electric state buses on cards. (Positive)

*Tata Power* Net profit up at Rs 794.6 cr Vs Rs 391 cr, Revenue up 43.1% at Rs 14,495.5 cr Vs Rs 10,132.4 cr YoY (Positive)

*Relaxo* Net profit up 24.9% at Rs 38.6 cr Vs Rs 30.9 cr, Revenue up 34.2% at Rs 667.2 cr Vs Rs 497.1 cr (Positive)

*KEI Industries:* Revenue stands at Rs 1,565 cr vs Rs 1,017 cr, up 54%. (Positive)

*United Spirits:* Net sales stands at Rs 2,169 cr vs Rs 1,615 cr, up 34% (Positive)

*Ethos:* Net profit up at Rs 12.7 cr Vs Rs 0.83 cr, Revenue up 95.1% at Rs 173.6 cr Vs Rs 88.9 cr (Positive)

*Kabra:* Net profit up 50.9% at Rs 4.1 cr Vs Rs 2.7 cr, Revenue up 89.8% at Rs 105.2 cr Vs Rs 55.4 cr (Positive)

*Shoppers Stop:* Net profit of Rs 22.8 cr Vs loss of Rs 104.8 Cr, Revenue up at Rs 948.4 cr Vs Rs 205.2 cr (Positive)

*PNB Gilts:* Revenue at Rs. 283 cr vs Rs. 215 cr, up 31.6%, Net Profit at Rs. -89 cr vs Rs. 40 cr (Positive)

*JSW Energy:* Resolution Plan submitted by the Company for Ind-Barath Energy (Utkal) has received the approval of NCLT , Hyderabad (Positive)

*Adani Wilmar:* Credit rating Long-Term/Short Term Bank Facilities upgraded to CARE AA-;Stable / CARE A1+ (Positive)

*Bharat Forge:* Company has incorporated a wholly-owned subsidiary in the name of "Electroforge Ltd" (Positive)

*Larsen:* Consolidated order book of the group is at a record Rs 3.63 lk cr as on June 30, 2022 (Positive)

*Larsen:* Net profit at Rs 1,702.07 cr Vs poll of Rs 1,734 cr, Revenues at Rs 35853.0 cr Vs poll of Rs 34589.0 cr (Neutral)

*South Indian Bank:* NII up 11.3% at Rs 603.4 Cr Vs Rs 542 Cr, Profit at Rs 30.6 cr versus Rs 32.3 cr YoY (Neutral)

*Goodluck:* Net profit up 55.8% at Rs 21 cr Vs Rs 13.5 cr, Revenue up 43.8% at Rs 809 cr Vs Rs 562.7 cr (Neutral)

*Astec:* Net profit down 12.2% at Rs 11.4 cr Vs Rs 12.99 cr, Revenue up 43.2% at Rs 184.3 cr Vs Rs 128.7 cr (Neutral)

*Tata Power* Net profit up at Rs 794.6 cr Vs Rs 391 cr, Revenue up 43.1% at Rs 14,495.5 cr Vs Rs 10,132.4 cr YoY (Neutral)

*Indi Grid:* Net profit up 2.6% at Rs 83 cr Vs Rs 80.9 cr, Revenue up 1.2% at Rs 560.8 cr Vs Rs 554.3 cr (Neutral)

*SIS:* Revenue up 12.6% at Rs 2678cr vs Rs 2379cr, EBIDTA flat at Rs 121 cr (Neutral)

*Cipla:* To sell 25.92% stake in Avenue Therapeutics for $3 million (Neutral)
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• India Gets $18.2B Worth Bids on 1st Day of Phone Airwave Auction
• IMF Cuts World GDP Outlook a Third Time as Inflation, Rates Jump
o IMF World Economic Outlook Update: Projections Summary (Table)
• Larsen & Toubro Misses Profit Estimate on Lofty Input Costs
• India CCI Clears Axis Bank’s Purchase of Citi’s Local Retail Ops
• India Said to Allow Bidders to Buy More Than 40% of IDBI Bank
• India Fuel Duty Cuts to Cost 1 Trillion Rupees, Sitharaman Says
• India Said to Allow Bidders to Buy More Than 40% of IDBI Bank
o Finance ministry expects to close the deal by March 2023
• India Defence Panel Approves INR287.3B Arms Purchase Proposals
• CCI Nod for Blackrock, Mubadala buying Tata Power Renew Stake
• JSW Energy Gets Court Approval to Buy Distressed Power Project
• Credit Suisse Raises India Bond View on Easing Rate-Hike Bets
• India Cumulative Monsoon Rainfall 11% Above Normal as of July 26
• Bajaj Finance to Report Results; Shares Down 10.6% YTD: Preview
• Maruti May See Lower Profit on Costs, Supply Snarls: Preview
• Tata Motors to Report Results; Shares Down 7.8% YTD: Preview
• India Top Oil Explorer Signs Pact for Green Hydrogen
• Global Funds Sell Net INR15.5B of India Stocks on Tuesday: NSE
o Domestic funds buy net 9.99b rupees of stocks
• Foreign Investors Sell Net INR5.75B of Indian Equities on Monday
• Axis Bank (AXSB): India CCI Clears Axis Bank’s Purchase of Citi’s Local Retail Ops
• JSW Energy (JSW): Gets Court Approval to Buy Distressed Power Project
• Larsen & Toubro (LT): 1Q net income +45% Y/y to 17.02b rupees, est. 17.33b, revenue +22% to 358.5b; new orders added 418.05b, order book at 1Q end 3.63t rupees
• Oil & Natural Gas Corp (ONGC): Signs accord with Greenko Zero for green hydrogen operations
• Piramal Enterprises (PIEL): Says gets RBI certificate for NBFC operations
• Sanofi India (SANL): 2Q Net Income 1.2B Rupees Vs. 1.78B Rupees Y/y; to pay INR193/share special dividend
• Shoppers Stop (SHOP): 1Q net income 228.3m rupees vs. loss 1.05b Y/y; Revenue 9.48b vs. 2.05b
• South Indian Bank (SIB): 1Q Net Income 1.15B Rupees vs. 103.1m Y/y, Provisions +79% q/q to 1.39b; Gross NPA 5.87% vs. 5.9% q/q; order book at 1Q end 3.63t rupees
• Tata Power (TPWR): 1Q net income 7.95b rupees vs. 3.91b Y/y, beats est. 4.61b; revenue +43% to 145b
• Wipro (WPRO): Says Nokia extends strategic partnership with Co., in 5-years deal with Nokia for business services, support
• United Spirits (UNSP):1Q Net Income 2.1b rupees vs. 691m Y/y, beats est. 1.86b; revenue +14% to 68.8b
• UTI AMC (UTIAM): 1Q Net Income 944.1M Rupees Vs. 1.55B Rupees Y/y
• Zydus Lifesciences (ZYDUSLIF): Gets final approval for Bisoprolol Fumarate tablets
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*Business News Headlines*

*Economic Times*
Ø RIL, CP Group, Lightspeed in fray for Metro's India business
Ø L&T Q1 results: Net profit rises 45% to Rs 1,702 crore in April-June
Ø Varun Beverages: Two entities settle insider trading case with Sebi
Ø Ashishkumar Chauhan quits as CEO of BSE
Ø Gujarat Polysol, PKH Ventures get Sebi's nod to launch IPOs
Ø Tech Mahindra's EBIT margin will be over 14% for FY23: CP Gurnani
Ø IMF cuts India’s growth forecast, ups global inflation projection
Ø CCI approves Greenforest New Energies' stake buy in Tata Power Renewable
Ø Indian diamond industry’s revenue set to fall 15-20% this fiscal year, Crisil says
Ø Hatsun Agro breaches Rs 2,000 crore sales mark in April-June quarter
Ø India's steel output grows 6 pc to 10 MT in June:worldsteel
Ø Margins of steelmakers will be under pressure in Q2, strong recovery in H2: TV Narendran

*Business Standard*
Ø India seen overtaking China as biggest importer of seaborne Russian crude
Ø 5G spectrum auction: Bid amount exceeds Rs 1.45 trillion on Day 1
Ø Domestic investors own more equities than FPIs in 75 large cos: Report
Ø Consumption weakness seen in rural India: Unilever CEO Alan Jope
Ø Eutelsat, OneWeb to merge; Bharti to be single largest shareholder
Ø Defence ministry approves arms procurement proposals worth Rs 28,732 cr
Ø CFM ARC sells JBF Industries assets to Reliance Industries entity
Ø Adani Group to invest $70 bn in green energy, infra: Gautam Adani
Ø Asian Paints Q1 net profit up 79% to Rs 1,017 crore; revenue up 55%
Ø We invested, supported our UK biz for a long time: Tata Steel's Narendran

*Financial Express*
Ø Indian pharma firms likely to see muted revenue growth from US generics market in FY23: Icra
Ø Closure of Vedanta’s copper unit results in Rs 14,749 crore loss to economy: Report
Ø Manufacturers of drones and drone components to get Rs 120 cr benefits under PLI scheme
Ø CCI approves Greenforest New Energies’ stake buy in Tata Power Renewable
Ø HDFC Life plans to raise funds by issuing equity, other securities
Ø Reliance Industries sees global recession headwinds
Ø Govt, LIC may offer up to 60% stake in IDBI Bank
Ø Mudra NPAs moderate in FY22, though still above pre-Covid levels
Ø Import reliance for oil jumps 10 percentage pts since 2015
Ø Institutional investors reject 2 resolutions of Orchid Pharma, PVR
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*SGX Nifty -25 pts (16455) from last trade 16480 ,*


Nikkei -45 pts ,
Hangseng -221 pts ,
Now @6.52am .


Dow -228.50 pts ,Nsdq -220.09 pts, S&P
-45.79 pts, Bovespa -498 pts , Ftse -0.02 pts , Dax -113 pts , Cac -26 pts , Crude @ $95.67 brl (+0.69), Brent @ $104.90 brl (+0.50) , Gold @ 1717.30 (-0.40), Silver @ $18.595 (+0.06), Euro @ $1.0139, JPY @ $137.02,  INR @ 79.845





*Today's Corporate Action*
*27th July Ex Date*



ABMKNO
Final Dividend - Rs. - 1.2500
DALMIASUG
Dividend - Rs. - 1.0000
EPL
Final Dividend - Rs. - 2.1500
GABRIEL
Final Dividend - Rs. - 1.0000
HAWKINCOOK
Final Dividend - Rs. - 60.0000
HEROMOTOCO
Final Dividend - Rs. - 35.0000
KALPATPOWR
Final Dividend - Rs. - 6.5000
LAKSELEC
Final Dividend - Rs. - 15.0000
MENONBE
Interim Dividend 
MRF
Final Dividend - Rs. - 144.0000
NITTAGELA
Dividend - Rs. - 4.0000
PRAJIND
Final Dividend - Rs. - 2.7000
TCIEXP
Final Dividend - Rs. - 2.0000
THANGAMAYL
Final Dividend - Rs. - 5.0000
UPL
Final Dividend - Rs. - 10.0000




*F&O BAN FOR 27-07-22*

*DELTA CORP, INDIABULLS HOUSING*
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Sonata Software: The smallcap IT player said the board has approved a bonus issue of one equity share for every three equity shares held by the shareholders of the company as on the record date. The bonus issue of equity shares will be subject to approval by the shareholders.

Karur Vysya Bank: The private lender reported more than doubling its net profit to Rs 229 crore in the June quarter, led by higher interest income and improved interest margin. The bank had posted a net profit of Rs 109 crore in the year-ago period.

IIFL Wealth & Asset Management: The wealth management firm reported a 35 per cent growth in its profit after tax at Rs 160 crore for three months ended June 2022. In comparison, the company had posted a PAT (Profit After Tax) of Rs 119 crore in the same quarter of the preceding fiscal.

Strides Pharma Science: The pharma player said its board has approved to raise up to Rs 150 crore through an issue of securities on a private placement basis, up to 1,500 senior, secured, rated, unlisted, redeemable, non-convertible debentures of face value Rs 10 lakh each.

Emkay Global Financial Services: The stock broking and allied services player has become the latest entities to approach capital markets regulator Sebi for a mutual fund licence. It has joined the list of seven entities, which are awaiting Sebi's approval to enter into the mutual fund space.

Coffee Day Enterprises: The brewery firm said it has asked its subsidiaries and one joint venture firm to file suit against MACEL for recovery of dues. In July 2020, an investigation revealed that Mysore Amalgamated Coffee Estates Limited (MACEL) owes Rs 3,535 crore to the subsidiaries of CDEL.

RattanIndia Power: The electric utilities firm reported narrowing of its loss to Rs 389.30 crore in the June quarter compared to the year-ago period. The company had reported a consolidated net loss of Rs 824.42 crore in the quarter ended on June 30, 2021.

Vikas Lifecare: The diversified firm reported a 680 per cent rise in the net profit to Rs 2.59 crore for the quarter ended June 30, 2022. The company had recorded a net profit of Rs 0.33 crore in the same quarter previous year.

Dynamic Cables: The electrical cable manufacturer has received a principal approval for its debut on the National Stock Exchange (NSE). The equity shares of the company shall be listed and admitted to dealing on NSE with effect from Wednesday, July 27.
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Bajaj Finserv: The board of directors of financial firm will consider the proposal for a stock split of company's equity shares. Through stock split, a company increases its number of outstanding shares while reducing the price of each share without affecting the firm's overall market capitalisation.It will also consider the proposal of issue of bonus equity shares.

Mahindra & Mahindra: The homegrown auto major has partnered with Visteon Corporation to provide immersive in-vehicle experience in its all-new Scorpio-N SUV. The Scorpio-N features a 17.78 cm colour Driver Information Display and 20.32 cm infotainment system with navigation.

Telcos: The 5G spectrum auction will begin on Tuesday with four players, including Reliance Jio and Bharti Airtel, set to bid for 72 GHz of radiowaves worth Rs 4.3 lakh crore on offer. The bidding process is scheduled to start on Tuesday from 10 am and go on till 6 pm.

Sun Pharma: The Life Insurance Corporation said it has reduced shareholding in the drug maker by selling 2 per cent stake in the company for about Rs 3,882 crore. The shares were sold through open market transactions during the period from May 17, 2021 to July 22, 2022.

Macrotech Developers: The realty firm reported a 68 per cent increase in its consolidated net profit to Rs 270.80 crore for the June quarter on better sales. The company's net profit stood at Rs 160.91 crore in the year-ago period.

Lupin: The drug firm said it has received an approval from the US Health regulator to market generic medication to treat high blood pressure. The Mumbai-based company said it has received the nod from the US Food and Drug Administration (FDA) to market Azilsartan Medoxomil tablets.

Indian Energy Exchange: The energy bourse posted over 11 per cent rise in its consolidated net profit to Rs 69.12 crore in the June quarter compared to the year-ago period on the back of higher revenues. The consolidated net profit of the company was Rs 62.10 crore in the quarter ended on June 30, 2021.

Jindal Stainless: The iron and steelmaker reported about 8 per cent increase in its consolidated net profit to Rs 329.37 crore in the April-June quarter on higher income. The company had a net profit of Rs 305.84 crore in the same period of 2021-22.

GlaxoSmithKline Pharmaceuticals: The drug maker said its consolidated net profit increased by 8 per cent to Rs 116 crore in the first quarter ended on June 30, 2022. The drug firm had reported a net profit of Rs 107 crore in the April-June quarter of the previous year.

Century Textiles and Industries: The AV Birla group firm reported a 78 per cent jump in net income at Rs 63 crore driven by robust sales in the first quarter. The company, which is primarily into textiles, pulp and paper products and realty, said its sales grew to Rs 1,170 crore, a growth of 41 per cent compared to the year-ago period.

Canara Bank: The state-owned lender reported a 72 per cent rise in its standalone profit after tax at Rs 2,022 crore in the April-June quarter of FY23, helped by healthy credit growth and interest income. In the corresponding quarter of the previous fiscal, its standalone Profit After Tax (PAT) stood at Rs 1,177 crore.

Anupam Rasayan: The chemicals maker posted a 25.56 per cent increase in its consolidated net profit at Rs 39.69 crore in the first quarter of the 2022-23 fiscal on higher income. The company had posted a net profit of Rs 32.12 crore in the same quarter of previous year.

Orient Electric: The CK Birla group company reported over threefold jump in net profit to Rs 18.95 crore for the first quarter ended on June 30, 2022. The company had posted a net profit of Rs 5.01 crore in the April-June quarter of the last fiscal.

Kamdhenu: The TMT bars maker net profit before tax (PBT) from the steel business edged up to Rs 13.5 crore in the April-June quarter of 2022-23 from Rs 13.3 crore in the year-ago period. Total revenues rose by 70 per cent to Rs 191.2 crore in April-June FY23 from Rs 112.7 crore in the year-ago quarter.
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"Good thoughts precede great deeds. Great deeds precede success." Axiit
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https://telegra.ph/Pre-Market-update-for-26-July-2022-07-26
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Namaste !!

• Tata Steel Sees Continued Price Volatility After Profit Beat
o Tata Steel pivoted to local markets on export-tax levy
• India April-June Net Direct Tax Collections Rise 41.3% Y/Y
• Axis Bank Profit Beats Estimates as Interest Income Jumps
• Spate of Mid- Flight Incidents Sparks Probe of Airlines in India
o Aviation regulator to check staff training, aircraft equipment
• TRAI Releases Consultation Paper on Embedded SIM for M2M Comm
• India Cumulative Monsoon Rainfall 11% Above Normal as of July 25
• Emerging Market ETFs End Winning Streak, Fall $460.5 Mln
• Asian Paints to Gain from Demand Revival, Price Hikes: Preview
• Bajaj Auto to Report Results; Shares up 24.2% YTD: Preview
• Larsen to Report Results; Shares Down 6.4% YTD: Preview
• Global Funds Sell Net INR8.45B of India Stocks on Monday: NSE
o Domestic funds sell net 722.6m rupees of stocks
• Foreign Investors Sell Net INR6.15B of India Equities on July 22
• 8 PSUs surrender 11 coal mines: Coal Minister Pralhad Joshi: PTI
• Consistent improvement in Delhi’s air quality: Env Minister: PTI
• Debt raised by state PSUs to be considered borrowing by state: FM Sitharaman: PTI
• Axis Bank (AXSB): 1Q net income 41.3B rupees Vs. 21.6B Y/y; Provisions -64% q/q to 3.59b; gross NPA 2.76% vs. 2.82% q/q
• Bajaj Finserv (BJFIN): To consider stock split, bonus issue in July 28 meeting
• Future Retail (FRETAIL): S&P downgrades FRETAIL to ‘D’; ratings withdrawn
• GSK Pharma India (GLXO): 1Q Net Income -1.7% Y/y to 1.19b rupees, misses est. 1.36b; revenue +4% to 7.45b
• Indian Energy Exchange (IEX): 1Q net income +8% Y/y to 685.9m rupees, est. 712.7m; revenue +9% to 983.5m
• Larsen & Toubro (LT): Clarifies LT not signed any pact for sale a road assets in report; news report on sale of mentioned assets speculative
• Lupin (LPC): Receives U.S. FDA approval for Azilsartan Medoxomil tablets
• Macrotech (LODHA): 1Q net income +68% Y/y to 2.71b rupees, misses est. 3.46b; revenue +66% to 26.8b
• PSP Projects (PSPPL): Wins orders worth 2.57b rupees
• Shriram Transport (SHTF): To consider buyback of some debt securities on July 28
• Strides Pharma (STR): Approves raising up to INR1.5b via bonds
• Sun Pharmaceutical (SUNP): Says LIC holding in SUNP shares fall to 5.024% from 7.026%
• Tata Motors (TTMT): Signs Pact With EC Wheels India for EV Fleet
• Tata Steel (TATA): 1Q net income -13% Y/y to 77.6b rupees, beats est. 72.75b; revenue +19% to 634.3b
• Tech Mahindra (TECHM):1Q net income 11.3b rupees vs. 13.5b Y/y; revenue +25% to 127.1b
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*SGX Nifty -33 pts (16587) from last trade 16620 ,*


Nikkei -69 pts ,
Hangseng +114 pts ,
Now @6.52am .



Dow +90.75 pts ,Nsdq -51.45 pts, S&P
+5.21 pts, Bovespa +1345 pts , Ftse +29 pts , Dax -43 pts , Cac +20 pts , Crude @ $96.25 brl (-0.45), Brent @ $105.15 brl (+0.00) , Gold @ 1717.50 (-1.60), Silver @ $18.30 (-0.02), Euro @ $1.022, JPY @ $136.41,  INR @ 79.695





*Today's Corporate Action*
*26th July Ex Date*




DIAMONDYD
Final Dividend - Rs. - 0.5000
GPPL
Final Dividend - Rs. - 2.4000
HATSUN
Interim Dividend 
JMCPROJECT
Final Dividend - Rs. - 1.0000
NELCAST
Final Dividend - Rs. - 0.3000
PIDILITIND
Dividend - Rs. - 10.0000
SHAREINDIA
Interim Dividend 
SIMPLXREA
Final Dividend - Rs. - 1.0000
STEELCAS
Final Dividend - Rs. - 1.8000
TCI
Final Dividend - Rs. - 2.0000
TTKHEALTH
Final Dividend - Rs. - 10.0000



*Today's Key Results/Board Meetings*
*26-Jul-22*



Larsen & Toubro, Asian Paints, Bajaj Finserv, Bajaj Auto, Tata Power Company, Union Bank of India, Aditya Birla Sun Life AMC, United Spirits, Ujjivan Small Finance Bank, UTI Asset Management Company, Greenlam Industries, Ramco Systems, Symphony, Sanofi India, Shoppers Stop, Apollo Pipes, EIH Associated Hotels, EPL, Ethos, KEI Industries, Mahindra EPC Irrigation, PNB Gilts, SIS, South Indian Bank, and TTK Healthcare will be in focus ahead of June quarter earnings on July 26.




*Stock under F&O ban on NSE*
*26-Jul-22*


1IBULHSGFIN
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25/7/2022
BSE:-306(55766)
NSE:-88(16631)
MID:+6(23666)
SML:-34(26739)
FII|FPI:-844Cr
DII:-72Cr
B.Crude: 104
Gold$:1725=INR: 50621
Silver: 54916
$/Rs: 79.73
6.54 : 2032 G-Sec: 7.39
NSE PE: 20.44

Telegram @AlliesFin
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*Instl. Investors EQUITY Cash Trades PROV. - 22/07/2022 : Rs. CRS. :*

*FIIS : SELL -675 (5,335-6,010)*

*DIIS : BUY +739 (5,072-4,332)*
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“Far more money has been lost by investors trying to anticipate corrections than lost in the corrections themselves.”

Peter Lynch
#alliesfin
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Pre Market Update for 21 July 2022

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https://telegra.ph/Pre-Market-update-for-21-July-2022-07-21
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Pre Market update for 20 July 2022

https://telegra.ph/Pre-Market-update-for-20-July-2022-07-20

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https://www.youtube.com/watch?v=l-KNDgvy7kM
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Corporate Actions

Ex-Date: 19-Jul -2022
KARURVYSYA: Dividend - Rs. - 1.60
FEDERALBNK: Final Dividend - Rs. - 1.80
ADORWELD: Final Dividend - Rs. - 12.50
GOODRICKE: Dividend - Rs. - 3.00
HCLTECH: Interim Dividend - Rs. - 10.00
TIRUMALCHM: Dividend - Rs. - 2.50
GRINDWELL: Dividend - Rs. - 12.00
MAHLIFE: Final Dividend - Rs. - 2.00
RGL: Final Dividend - Rs. - 3.00
HERANBA: Final Dividend - Rs. - 2.00
GRANULES: Final Dividend - Rs. - 0.75
AEGISLOG: Final Dividend - Rs. - 0.50
ASTEC: Final Dividend - Rs. - 1.50

Ex-Date: 20-Jul -2022
HINDZINC: Interim Dividend - Rs. - 21.00
ADORFO: Final Dividend - Rs. - 4.00
PANAENERG: Final Dividend - Rs. - 7.50
GOACARBON: Dividend - Rs. - 10.00
INDAG: Final Dividend - Rs. - 1.50
GPTINFRA: Final Dividend - Rs. - 1.50
M&MFIN: Dividend - Rs. - 3.60
USHAMART: Final Dividend - Rs. - 2.00
ORIENTCEM: Final Dividend - Rs. - 1.75
NOVARTIND: Final Dividend - Rs. - 10.00
TATAMETALI: Final Dividend - Rs. - 8.00
NOCIL: Final Dividend - Rs. - 3.00
WEIZMANIND: Final Dividend - Rs. - 0.50
SWELECTES: Final Dividend - Rs. - 3.00
IVP: Final Dividend - Rs. - 1.50
CORALFINAC: Final Dividend - Rs. - 0.30
ADSL: Final Dividend - Rs. - 1.00
DOLLAR: Dividend - Rs. - 3.00
VGUARD: Final Dividend - Rs. - 1.30
SUNSHIEL: Dividend - Rs. - 2.00
SCANDENT: Dividend - Rs. - 0.10
TIINDIA: Final Dividend - Rs. - 1.50

Ex-Date: 21-Jul -2022
ADCINDIA: Final Dividend - Rs. - 14.00
TECHM: Final Dividend - Rs. - 30.00
IMFA: Final Dividend - Rs. - 7.50
JENBURPH: Final Dividend - Rs. - 12.00
BHAGIL: Dividend - Rs. - 4.00
PRADPME: Final Dividend - Rs. - 1.50
KIRLFER: Final Dividend - Rs. - 3.00
JAYAGROGN: Final Dividend - Rs. - 3.00
PDSL: Final Dividend - Rs. - 23.85
HIL: Final Dividend - Rs. - 45.00
LT: Final Dividend - Rs. - 22.00
BANSWRAS: Dividend - Rs. - 2.50
BLUESTARCO: Final Dividend - Rs. - 10.00
PREMCO: Final Dividend - Rs. - 3.00
HERITGFOOD: Final Dividend - Rs. - 2.50
BOMBCYC: Final Dividend - Rs. - 5.00
DHANUKA: Final Dividend - Rs. - 6.00
KAIRA: Final Dividend - Rs. - 12.00
ANGELONE: Interim Dividend - Rs. - 7.65
GALAXYSURF: Final Dividend - Rs. - 18.00
DABUR: Final Dividend - Rs. - 2.70
THERMAX: Dividend - Rs. - 9.00
DATAMATICS: Final Dividend - Rs. - 1.25
MAHLOG: Final Dividend - Rs. - 2.00
TTKPRESTIG: Final Dividend - Rs. - 3.50
INTELLECT: Final Dividend - Rs. - 2.50
MINDACORP: Final Dividend - Rs. - 0.70
CARBORUNIV: Final Dividend - Rs. - 2.00
BASF: Final Dividend - Rs. - 6.00
SUMICHEM: Final Dividend - Rs. - 1.00
HGINFRA: Final Dividend - Rs. - 1.00
POONAWALLA: Final Dividend - Rs. - 0.40
CHOLAFIN: Final Dividend - Rs. - 0.70

IPO
--

Buyback
--

Bonus
Panth Infinity: Bonus Issue 1:2; Ex-Date: 19-Jul-22
AKI India: Bonus Issue 3:10; Ex-Date: 19-Jul-22
Rajnish Wellness: Bonus Issue 2:1; Ex-Date: 21-Jul-22
Relicab Cable: Bonus Issue 74:100; Ex-Date: 24-Jul-22
Escorp Asset Management: Bonus Issue 2:3; Ex-Date: 24-Jul-22
Hardwyn India: Bonus Issue 1:2; Ex-Date: 25-Jul-22

Stock Split
Renaissance Global: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 19-Jul-22
Hindustan Foods: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 21-Jul-22
Shanti Educational: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 21-Jul-22
Rajnish Wellness: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 21-Jul-22
Ontic Finserve: Stock Split From Rs.10/- to Rs.1/-; Ex-Date: 21-Jul-22
Tata Steel: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 28-Jul-22

Right Issue
PTC Industries: Ex-Date: 21-Jul-22
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Pre Market update for 19 July 2022

https://telegra.ph/Pre-Market-update-for-19-July-2022-07-19

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*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 18-07-2022 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +2937*

*INDEX FUT. : +1395*

*INDEX OPT. : +1340*

*STOCK FUT. : +118*

*STOCK OPT. : +84*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 18-JUL-22 : (Rs. CRS )*

*FIIS : BUY +156 (15,055-14,899)*

*DIIS : BUY +844 (6,273-5,429)*

*BSE SENSEX : +760 (54,521)*

*NSE NIFTY : +230 (16,278)*

*BSE MIDCAP. : +340 (23,194)*

*BSE SMLCAP. : +358 (26,137)*

*B. CRUDE : $ 105.99*

*GOLD: $1716=INR 50,050(10gr)*

*SILVER :* *RS. 56,200 (kg) (5pm) *

*FOREX : RS. : $ 79.97*

*6.54% GOI '32 : 7.4367% (93.97)*

*5.74% GOI '26 : 7.0893% (95.04)*

*7.54% GOI '36 : 7.6281% (99.24)*
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Stock exchanges, persons dealing in securities market to pay 18 per cent #GST on Sebi's fee

https://t.co/XfnMRuYQ6q
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*Instl. Investors EQUITY Cash Trades PROV. - 18/07/2022 : Rs. CRS. :*

*FIIS : BUY +156 (15,055-14,899)*

*DIIS : BUY +844 (6,273-5,429)*
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NIFTY FUTURES HIGH 16520
BANK NIFTY FUTURES HIGH 35620
#nse #nifty #banknifty #alliesfin #stockmarket
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INDIA WPI INFLATION: 15.18 VS 15.88 EST 15.63

#BIGBREAKING #WPI #INFLATION #ALLIESFIN +VE DATA.
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Pre Market updates for 14 July 2022
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U.S CPI (MOM) (JUN) ACTUAL: 1.3% VS 1.0% PREVIOUS; EST 1.1%

U.S CPI (YOY) (JUN) ACTUAL: 9.1% VS 8.6% PREVIOUS; EST 8.8%

U.S CORE CPI (MOM) (JUN) ACTUAL: 0.7% VS 0.6% PREVIOUS; EST 0.5%

U.S CORE CPI (YOY) (JUN) ACTUAL: 5.9% VS 6.0% PREVIOUS; EST 5.7%
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Option Trading
Beginners guide
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Pre Market Updates for 13 July 2022

https://telegra.ph/Pre-Market-Updates-for-13-July-2022-07-13

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*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 12-07-2022 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -4311*

*INDEX FUT. : -2815*

*INDEX OPT. : -1555*

*STOCK FUT. : -112*

*STOCK OPT. : +171*

*SEC. IN F&O BAN FOR, 13 JUL, 2022 :*

*1. DELTACORP*

*ADDITION : DELTACORP*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 12-JUL-22 : (Rs. CRS )*

*FIIS : SELL -1,566 (4,650-6,216)*

*DIIS : BUY +141 (3,494-3,353)*

*BSE SENSEX : -508 (53,887)*

*NSE NIFTY : -158 (16,058)*

*BSE MIDCAP. : -117 (22,681)*

*BSE SMLCAP. : -135 (25,781)*

*B. CRUDE : $ 99.93*

*GOLD: $1730=INR 50,100(10gr)*

*SILVER :* *RS. 62,500 (kg) (5pm) *

*FOREX : RS. : $ 79.5975*

*6.54% GOI '32 : 7.3915% (94.2550)*

*5.74% GOI '26 : 7.0961% (95.00)*

*7.54% GOI '36 : 7.5878% (99.58)*
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*INDIA CPI (YOY) (JUN) ACTUAL: 7.01% VS 7.04% PREVIOUS; EST 7.10%*

*INDIA INDUSTRIAL PRODUCTION (YOY) (MAY) ACTUAL: 19.6% VS 7.1% PREVIOUS; EST 20.7%*

*INDIA MANUFACTURING OUTPUT (MOM) (MAY) ACTUAL: 20.6% VS 6.3% PREVIOUS*

*Instl. Investors EQUITY Cash Trades PROV. - 12/07/2022 : Rs. CRS. :*

*FIIS : SELL -1,566 (4,650-6,216)*

*DIIS : BUY +141 (3,494-3,353)*
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Pre Market Updates for 12 July 2022

https://telegra.ph/Pre-Market-Update-for-12-July-2022-07-12
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https://www.businesstoday.in/latest/economy/story/rbi-forms-arrangement-in-settling-international-trade-payments-in-rupees-341112-2022-07-11?s=08
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*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 11-07-2022 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +1703*

*INDEX FUT. : -524*

*INDEX OPT. : +2714*

*STOCK FUT. : -560*

*STOCK OPT. : +73*

*SEC. IN F&O BAN FOR, 12 JUL, 2022 :*

*1. NIL*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 11-JUL-22 : (Rs. CRS )*

*FIIS : SELL -170 (5,294-5,465)*

*DIIS : SELL -297 (4,558-4,855)*

*BSE SENSEX : -86 (54,395)*

*NSE NIFTY : -05 (16,216)*

*BSE MIDCAP. : +143 (22,798)*

*BSE SMLCAP. : +275 (25,916)*

*B. CRUDE : $ 105.71*

*GOLD: $1738=INR 50,920(10gr)*

*SILVER :* *RS. 57,460 (kg) (5pm) *

*FOREX : RS. : $ 79.4375*

*6.54% GOI '32 : 7.4275% (94.02)*

*5.74% GOI '26 : 7.1458% (94.82)*

*7.54% GOI '36 : 7.6151% (99.35)*
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Results Calendar - Forthcoming Results Telegram.me/AlliesFin

12 Jul HCL Technologies Ltd.
12 Jul DELTACORP
13 Jul MindTree Ltd.
14 Jul ACC Ltd.
14 Jul LTI
15 Jul LTTS
16 Jul ICICI Prudential Life Insurance Company Ltd.
16 Jul HDFC Bank Ltd.
16 Jul Bharat Electronics Ltd.
19 Jul ICICIGI
19 Jul HDFC Life
19 Jul Ambuja Cements Ltd.
20 Jul SYNGENE
20 Jul Wipro Ltd.
21 Jul PERSISTENT
21 Jul MPHASIS
22 Jul UltraTech Cement Ltd.
22 Jul ATUL
22 Jul HDFCAMC
22 Jul JSW Steel Ltd.
23 Jul ICICI Bank Ltd.
23 Jul Navin Fluor
24 Jul Infosys Ltd.
26 Jul Bajaj Auto Ltd.
26 Jul Asian Paints Ltd.
26 Jul United Spirits Ltd.
27 Jul Biocon Ltd.
27 Jul Bajaj Finance Ltd.
28 Jul Mahindra & Mahindra Financial Services Ltd.
28 Jul NESTLE INDIA
28 Jul NAM-INDIA
28 Jul Bajaj Finserv Ltd.
28 Jul Dr. Reddy's Laboratories Ltd.
28 Jul Shree Cement Ltd.
29 Jul Housing Development Finance Corporation Ltd.
29 Jul Chola Mandalam Investment and Finance Company Ltd.
29 Jul RAIN
29 Jul Exide Industries Ltd.
30 Jul IDFCFIRSTB
01 Aug The Ramco Cements Ltd.
02 Aug Bosch Ltd.
03 Aug FSL
04 Aug Dabur India Ltd.
06 Aug Amara Raja Batteries Ltd.
09 Aug ABB
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Pre Market Updates for 11 July 2022

https://telegra.ph/Pre-Market-Updates-11-July-2022-07-11
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Thought for the week :
‘The best math we can learn is how to calculate the future cost of our current decisions’.
Axiit @AlliesFin9
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Global Market Updates 09 July 2022

https://telegra.ph/Global-Market-Updates-09-July-2022-07-09

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Pre Market Updates for 08 July 2022

https://telegra.ph/Pre-Market-updates-for-08-July-2022-07-08

Like Share Retweet for max reach.
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*Instl. Investors EQUITY Cash Trades PROV. - 07/07/2022 : Rs. CRS. :*

*FIIS : SELL -925 (5,848-6,773)*

*DIIS : BUY +980 (6,974-5,993)*
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China’s Ministry of Finance is considering allowing local governments to sell 1.5 trillion yuan ($220 billion) of special bonds in the second half, an unprecedented acceleration of infrastructure funding aimed at shoring up the country’s beleaguered economy.
Positive for Metals #ALLIESFIN
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Pre Market updates for 07 July 2022

https://telegra.ph/Pre-Market-updates-for-07-July-2022-07-07
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Pre Market updates for 06 July 2022

https://telegra.ph/Market-Updates-06-July-2022-07-06

Telegram.me/AlliesFin
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Today most of Global asset class are sensing profit booking including equities, commodities, cryptos etc.
A big shift of hot money is happening whose results we can see in upcoming days weeks months etc. Keep an eye.
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*Instl. Investors EQUITY Cash Trades PROV. - 05/07/2022 : Rs. CRS. :*

*FIIS : BUY +1,296 (6,675-5,379)*

*DIIS : SELL -257 (5,191-5,448)*
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STOCK LENDING OFFER
AT NSE
ACC RS 15 PER SHARE.
OPEN STOCK LENDING AC AND LEND YOUR IDLE STOCKS IN PORTFOLIO.
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*Business News Headlines*

*Economic Times*
Ø Adani Enterprises lowest bidder in CIL import tender
Ø Bank of India scouting for buyers for ₹3,600 crore distressed loans
Ø No adverse observations from bourses for proposed merger, says HDFC Bank
Ø Sebi’s sustainability reporting rule ups demand for ESG tools
Ø Windfall tax could erode earnings of oil companies, refiners by 5-15%
Ø Tata Motors plans to sell half a million cars in FY-23, EV sales will cross one lakh units, says N Chandrasekaran
Ø RBI imposes Rs 1.05 cr penalty on Kotak Mahindra Bank
Ø Sebi seeks information on companies with high ratings via 'support structures'
Ø Titan says mid-term outlook for jewellery division positive, looking to expand Tanishq stores to global markets
Ø Shelly Kohli of Unilever set to join United Breweries to head its legal and compliance
Ø FMCG, electronic goods see lower sales in June vs May
Ø NTPC clocks 21.7 pc growth in power generation in June quarter

*Business Standard*
Ø June merchandise trade gap at record $25.6 bn, experts say CAD could double
Ø Tata Motors targets 5x rise in electric vehicle sales by end of 2023-24
Ø Hotels and restaurants can't levy service charge by default, says CCPA
Ø Govt mulls penalising companies for EV fire as voluntary recall begins
Ø HDFC Bank receives no objection letter from RBI for merger with HDFC
Ø RBI should intervene less, let rupee depreciate gradually: D Subbarao
Ø Maharashtra govt to soon reduce VAT on fuel, says CM Eknath Shinde
Ø Ukraine govt lays out $750-bn 'recovery plan' for postwar future
Ø Indian cryptocurrency exchange Vauld suspends withdrawals, trading
Ø Bajaj Auto starts share buyback worth Rs 2,500 crore at Rs 4,600 per share

*Financial Express*
Ø WABAG gets repeat order worth Rs 430 cr from RIL for Jamnagar desalination plant
Ø RBI imposes penalty on Kotak Mahindra Bank, IndusInd Bank
Ø LIC to invest Rs 80.67 crore in rights issue of its Nepal joint venture
Ø Sebi issues Rs 27 lakh recovery notice to individual in L&T Finance Holdings case
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India Daybook – Stocks in News


Kirloskar Ferrous: The company has completed the upgradation of its mini blast furnace II at the Koppal plant in Karnataka.. (Positive)

Marksans Pharma: The company said will hold a meeting on July 8 to consider the proposal for share buyback. (Positive)

HDFC Twins: HDFC gets No objection certificate from RBI to merge with HDFC Bank in India's biggest-ever M&A. (Positive)

TCS: US court trims fine on TCS to $140 million in Epic Systems suit (Positive)

Steel Strips: Board to meet on July-19th - To consider stock split (Positive)

Tata Motors: Tata Sons highlights how the demand in the overall passenger EV market has risen. (Positive)

Emami: Raises stake in Brillare has been from 72.02% to 77.53%. (Positive)

Marico: Company has now acquired an additional stake of 4.14% of the equity capital of Apcos Naturals. (Positive)

Adani Ent: We are poised to embark on an journey with investments in the futuristic energy value chain, airports, roads, and materials like copper & petrochemicals. (Positive)

Titan said that the outlook for its jewellery segment in the ongoing fiscal, and the medium term, is "positive. (Positive)

Vedanta: The company in its BSE filing said its alumina production in Q1FY23 at Lanjigarh refinery increased marginally YoY to 4.85 lakh tonnes, up 1 percent YoY. (Neutral)

NMDC, MMTC, Tata Steel: Tata Steel has completed the acquisition of a 93.71 percent stake in Neelachal Ispat Nigam (Neutral)

Kotak Mahindra Bank: The RBI has imposed a penalty of Rs 1.05 crore for non-compliance of certain norms. (Neutral)

IndusInd Bank: The RBI has imposed a penalty of Rs 1 crore for compliance deficiency. (Neutral)

Tech M: Opens Campus In Coimbatore, Aims To Hire 1,000 (Neutral)

Cipla: Received 2 observations on FDA Form 483 with respect to ANDA filed for the product to be manufactured at Indore plant. (Neutral)

South Indian Bank: Total Deposit 88202cr vs 84611cr, up 4% YoY (Neutral)

Beema Cements: Promoters proposed to sell 48.91 lakh shares or a 15 percent stake through offer for sale.

Restaurants stocks: Restaurants and hotels must expressly tell customers that the service charge is optional, voluntary, and at the customer's discretion.

Steel Stocks: Steel companies have cut prices of steel products according to media sources

RBL Bank: Total deposits grew 6% on YoY basis, while it remained flat on QoQ basis
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*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 04-07-2022 :*

*FIIS F & O : RS. CRS. :*

*TOTAL NET BUY : +404*

*INDEX FUT. : -614*

*INDEX OPT. : +1482*

*STOCK FUT. : -358*

*STOCK OPT. : -106*

*SEC. IN F&O BAN FOR, 05 JUL, 2022 :*

*1. NIL*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 04-JUL-22 : (Rs. CRS )*

*FIIS : SELL -2,149 (3,981-6,130)*

*DIIS : BUY +1,688 (6,461-4,773)*

*BSE SENSEX : +327 (53,235)*

*NSE NIFTY : +83 (15,835)*

*BSE MIDCAP. : +178 (22,037)*

*BSE SMLCAP. : +147 (24,954)*

*B. CRUDE : $ 113.60*

*GOLD: $1806=INR 51,440(10gr)*

*SILVER :* *RS. 58,170 (kg) (5pm) *

*FOREX : RS. : $ 78.95*

*6.54% GOI '32 : 7.3736% (94.36)*

*5.74% GOI '26 : 7.0902% (95.00)*

*7.54% GOI '36 : 7.5821% (99.63)*
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Oil upstream stocks: ET: Windfall tax to recoup most of Rs 1 lakh cr revenue lost in excise cuts

Hemisphere Properties: Tata Sons Pvt Ltd has sold 59.85 lakh equity shares or 2.1 percent stake

NMDC: June`22 Production stands at 2.57 MT vs 2.98 MT yoy

Zee Media: Sudhir Chaudhary resigned from the position of CEO w.e.f close of business hours of July 1, 2022

MTAR Technologies: Investor Fabmohur Advisors LLP has further sold 1.13 lakh shares or 0.37 percent stake in the defence company

CAMS: Smallcap World Fund, Inc has offloaded 9.75 lakh equity shares or 2 percent stake in CAMS
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India Daybook – Stocks in News


HAL: Tejas aircraft emerges as a top choice for Malaysia's fighter jet programme. (Positive)

Dmart: Avenue Supermart's revenue from operations at Rs 9807 cr vs Rs 5032 cr YoY for Q1 (Positive)

HDFC Twins: HDFC gets go-ahead from BSE and NSE to merge with HDFC Bank in India's biggest-ever M&A. (Positive)

HDFC: Assigned loans amounting to `9533cr vs `5489cr , up 74% YoY ld (Positive)

Shilpa Med: Company has executed Business Transfer agreement with Shilpa Pharma Lifesciences Ltd effective from 30 June 2022 (Positive)

Muthoot Fin: RBI has granted permission for opening 150 new branches for the Company. (Positive)

VMart: Company has opened 11 new stores in the April - June quarter of FY 22-23. (Positive)

Asian Granito: Future Ceramic, WOS has commenced work on the large format glazed vitrified tiles (GVT) plant at Morbi. (Positive)

Brigade: WTC Trades & Projects Pvt Ltd, WOS acquired 63% stake in Tandem Allied Services for 51cr. (Positive)

VBL: Subscribed 30% stake in JV named as IDVB, which is engaged in the business of recycling of PET bottles. (Positive)

Sigachi: Venturing into human nutritional segment. (Positive)

Mazagaon: Successfully launched a Fuel Cell Electric Vessel(FCEV) prototype being the first Indigenous Hydrogen Powered Electric Boat (Positive)

DBL: Declared as L-1 bidder for the tender floated by GMRC Ltd. (Positive)

Deepak NTR: Gujarat Pollution Control Board revoked plant closure order for manufacturing facility in Gujarat (Positive)

Ashoka Buildcon: Company emerged as 'the lowest bidder' for construction and maintenance of Rajiv Gandhi Fintech Digital Institute, with project cost is Rs 611 crore. (Positive)

Timex to launch Adidas watches, Philipp Plein products in India (Positive)

NFL: Clocked a growth of 47% in total Fertilizer Sale during April-June 2022. (Positive)

Endurance: Company has acquired 51% of the equity share capital of Maxwell on 1st July, 2022 (Positive)

Phoenix Mills: CRISIL has reaffirmed its long term credit rating on company's bank loan facilities of Rs 400 crore at A+, but revised outlook to Positive from Stable. (Positive)

Eicher Motors: The company sold 61,407 units of Royal Enfield in June 2022, a growth of 43 percent over 43,048 units (Positive)

CSB Bank: The private sector lender recorded a 16.16% year-on-year growth in gross advances at Rs 16,332.8 crore. (Positive)

IDFC First: Home loans grew 32% YoY and is 37.5% of retail book (Positive)

Federal Bank: Gross advances up 16.3% YoY; Deposits grew 9.1% YoY (Positive)

ITC/Godfrey: Cigarette manufacturers switch to biodegradable wrapping. (Neutral)

Indusind Bank: Deposits at Rs 303094 cr, +13.25% YoY, CASA ratio is the highest in 14qtrs at 43.2%. (Neutral)

PNB Bank raised interest rates given on FD deposits of select tenors. (Neutral)

JSW Steel to invest Rs 10K cr to increase use of renewable energy, reduce emissions (Neutral)

Hero MotoCorp: The leading two-wheeler maker sold 4.85 lakh units of motorcycles and scooters in June 2022, a growth of 3.3% (Neutral)

Bharat Forge: The company and its subsidiary successfully completed acquisition of JS Auto Cast Foundry India (Neutral)

Ultratech drops plan to buy one of the JPs cement plant (3 MTPA) valued at Rs 1,000 cr in 2017. (Neutral)

Take: Mr. Lalit Kanta Mahapatra has resigned from the position of Chief Financial Officer of the Company (Neutral)

TVS Motor: The company registered a growth of 22 percent in June 2022 with sales of 3,08,501 units as against 2,51,886 units in June 2021 (Neutral)

M&M: The automotive company sold 54,096 vehicles in June 2022, a growth of 64 percent (Neutral)

Glenmark: The USFDA has issued Form 483 with one observation (Neutral)

Metals and Mining stocks: Iron ore futures slump 5% in Singapore to below $110 a ton.

IndiGo flight operations got disrupted on Saturday and hundreds of flights faced delays due to the non-availability of cabin crew and staff.

Aviation Stocks: Air traffic: Total International: 21.4 lakh; Down 2.7% MoM, Total Domestic: 104.8 lakh; Down 8% MoM
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· Adani Enterprises Ltd has acquired 10,000 (100%) Equity Shares of Rs. 10/- each of Alluvial Natural Resources Private Limited (ANRPL) from Adani Infra (India) Limited on 28th June, 2022. – Avoid, small acquisition
· Vardhman Polytex has made One Time Settlement (OTS) with PNB . The company has made final payment of OTS to Punjab National Bank on 29.06.2022.- positive
· Veranda Learning Solutions Ltd approves fund raising of Euros 30 million – Positive
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· Positive for automotive safety and float glass makers - Directorate General of Trade Remedies under Department of Commerce recommended imposing anti-dumping duty on imports of clear float glass – expects positive for Asahi India and Saint Gobain Sekurit.
· ITD Cementation has received Letter of Acceptance for construction of Wharf and Approach Trestle Works from Bharat Mumbai Container Terminals Private Limited (BMCT) at Jawaharlal Nehru Port worth over Rs700 crore – positive
· AU Small Finance Bank- CRISIL Ratings has revised the rating of AU Small Finance Bank Limited's long-term debt instruments to ‘CRISIL AA/Stable’ from ‘CRISIL AA-/Positive.’ – positive
· Sterlite Technologies has signed the definitive agreement to acquire balance 25% stake in Jiangsu Sterlite Tongguang Fiber Co. Ltd. (JSTFCL). Acquisition of the remaining 25% of JSTFCL will ensure optical fiber supply security to support STL’s expanding optical fiber cable operations. – Positive
· D-Link - CRISIL Ratings has reaffirmed its ‘CRISIL A/Stable’ rating on the long-term bank facility – positive
· ABB - THINK Gas, one of India's fastest-growing city gas distribution companies, has partnered with ABB India to deliver a digital solution to maximize the efficiency, availability, and reliability of its extensive city gas network, which includes multiple remote terminals spread across multiple locations. – Positive
· TCS has launched the TCS Servitization Engine on Oracle Cloud, which will assist customers in developing subscription-first business models and providing outcome-based solutions with intelligent service capabilities. – Positive
· Manappuram Finance board gives nods to fund raising of up to Rs 770 crore via debt securities; - Long term positive
· UPL have announced a new partnership to increase productivity, profitability, and sustainability for farmers in Brazil. – positive
· Bajaj Electricals, has appointed Ravindra Singh Negi as Chief Operating Officer (COO) of its Consumer Products Business and Rajesh Naik as Head of the Lighting Business. Anuj Poddar, Executive Director of Bajaj Electricals Limited, will report to both executives. – Long term positive
· Allied Digital has received Letter of Intent for Solapur Safe City project as a sole bidder. The contract value is approx. Rs49 crore. – positive
· Aditya Birla Fashion and Retail: - When compared to the prior year's quarter, inventory levels at almost a dozen publicly traded Indian retailers increased by an average of 50% as they took precautions against pandemic-related disruptions because they anticipated higher demand following two years of subpar sales performance. - positive
· Indian Overseas Bank - Crisil raised the rating on Indian Overseas Bank's tier-2 bonds and fixed deposit program to AA- from A+ and affirmed its A1+ rating on the company's certificate of deposits program - positive
· Wonderla Holidays signing a lease pact for land to be used for developing an amusement park in Odisha state. – positive
· Power Grid to consider raising up to Rs6000cr via bonds on July 06, company to consider up to Rs5000cr loan from bank for capex – positive
· JB Chemical acquires some portfolio of Dr Reddy’s Lab brands worth Rs98.3cr – positive
· Dr. Reddy's Lab has announced about the conclusion of the patent litigation brought by Indivior Inc. and Indivior UK Ltd and Aquestive Therapeutics, Inc. relating to the Company's generic buprenorphine and naloxone sublingual film, a therapeutic equivalent generic version of Suboxone sublingual film in U.S.A – positive
· The Board of Directors of High Energy Batteries have fixed the Record Date, for the Purpose of Sub-division of existing Equity Share of face value of Rs. 10/ to 2 - (Ten) on record date on Wednesday, the 10th August, 2022.
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· Bajaj Finance - With inflation concerns looming large, the Reserve Bank of India hiked repo rate by 90 basis points to 4.9% in a short span of around two months. The interest rate on 12-23 months cumulative FD will go up from 5.75% to 6.2%. Bajaj Finance FDs are rated AAA/Stable by CRISIL, and AAA (Stable) by ICRA.- Positive
· Reliance Brands on Thursday announced its entry into the food and beverage space through a long-term master franchise partnership with UK-based fresh food and organic coffee chain Pret A Manger. It has entered into a strategic partnership with Pret A Manger to launch and build the brand in India and plans to open the food chain outlets across the country starting with major cities and travel hubs, said a joint statement. Started in London in 1986, Pret A Manger now operates around 550 shops in countries, including the UK, US, Hong Kong, France, Dubai, Switzerland, Brussels, Singapore and Germany. – positive.
· Bharti Airtel defers Rs 3,000 crore FY18, FY19 AGR dues for 4 years – positive
· Federal Bank opens 10 new branches in a single day
· MTAR Tech wins $22.12mn orders in clean energy segment – positive
· Maruti - India's number one car company Maruti Suzuki has come out with its latest offering the Maruti Suzuki Brezza. The car has been launched on June 30 – positive
· Google cleared to buy 1.28% stake in Bharti Airtel - The global technology giant will invest up to $1 billion in the telecom service provider through a mix of equity and commercial partnerships in areas like affordable smartpnones, networks, and cloud.- positive
· Lupin has received approval from the United States Food and Drug Administration (FDA) to market Paliperidone Extended-Release Tablets in the American market.
· TCS to announce Q1 results on July 8, 2022
· Zydus Lifesciences gets final approval from U.S. FDA to market Lacosamide injection USP, 200 mg/20 mL single-dose vials. The drug is used to treat partial-onset seizures and primary generalised tonic-clonic seizures. The growth, which has market size of $50 million according to IQVIA – positive
· Bosch opened its 76-acre new smart campus Spark.NXT, which can house 10,000 employees, in Bengaluru. The technology and services supplier has invested Rs 800 crore over the last five years in developing the campus that features multiple smart solutions based on security, sustainability and user experience.- positive
· Devyani International announced the launch of its 1000th outset with the opening of the newest Pizza Hut at Sion, Mumbai. The quick-service restaurant operator, that operates across India, Nigeria and Nepal aims to build 1,000 more outlets in the next four to five years.- positive
· Westlife Development - McDonald's announced the launch of its first all-women drive-thru restaurant in Ekta Nagar, Gujarat. This new restaurant, operated by Westlife Development, McDonald's India's franchise partner, is located in the vicinity of the Statue of Unity. With this launch, Westlife now operates 45 McDonald's restaurants in Gujarat.- positive
· Kitchen appliance company TTK Prestige completed its long-term settlement with workers at its Uttarakhand, India. The settlement provides for improved productivity comparable with the increased beneifts given to the workers. - Positive
· Ahluwalia Contracts secured the new order worth Rs 209 crore from DC Development Noida for the construction of Adani Connex Data Centers in the city. - positive
· SBI Card partners with Aditya Birla Finance on Credit Card – positive
· Highway developers and infrastructure companies FOCUS after Prime Minister Narendra Modi’s party is seen returning to power in Maharashtra, the richest state in the country and also home to financial capital Mumbai.- Expects positive for L&T, PNC Infra, NCC, GR Infra, Ashoka Buildocn.
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News and Impact


· Expects market to open on a flat note on account of global cues. Asian markets open on a flat to negative note while overnight US and European market fell between 1-2% after US data showing a slowdown in consumer spending the main driver of the US economy fueled concern about a recession. US consumer spending fell for the first time this year, suggesting an economy on somewhat weaker footing than previously thought amid rapid inflation and Federal Reserve hikes. US 10-Year Bond fell to over 1-month low to 3% from record high of 3.5%. Expects rangeboud market today ahead of quarter results to be announce next week. SGX Nifty is trading flat today while US Dow Future slipped 0.2%. Positive factor in the domestic market that the Brent crude decline sharply from $118/bbl to $110/bbl (one of the biggest fall since last 6-month) and Core sectors surged to 13-month high. However, poor July roll over and continued FIIs selling may dampen the market sentiment. Traders buy on decline strategy in the market and expects stock specific action. Metal stocks may negative due to sharp decline across the asset class like Copper, Zinc, Aluminum price fell to 1-2 year high low), silver price 2-year low and Gold pride fell to 6-week low. Auto stocks will be focus today ahead of June monthly sales to be announce todayUS equity benchmarks declined on Thursday as consumer spending rose at half the projected pace for May while Federal Reserve's preferred inflation gauge showed continued signs of a slowdown. S&P 500, Dow Jones and Nasdaq Composite declined 1% each. Investors weighed rising interest rates against recession fears, with central bankers warning of a longer-lasting inflation shock.
· Asian stocks struggled to make progress on Friday as investors assessed worries about an economic slowdown and whether any relief lies ahead after a first-half drubbing for global markets. Shares fell in Japan, Taiwan and South Korea
· European markets decline sharply as investors focused on the prospects for economic slowdown and stubbornly high inflation in the region. UK, Germany and France Index slipped 2% each. Surging oil prices, higher rates and concerns of a recession pulled down European markets.
· Brent Crude declined sharply by 6% to $110/bbl on concern that a potential recession will cut into energy demand and OPEC+ approved plans to add 648,000 barrels a day in August.
· Gold slipped over 1% to $1806/ounce as investors weighed interest-rate rises that damp the allure of the metal against downturn risks that could boost its haven appeal.
· Actionable - L&T, MCX, Bharti Airtel
· Brokers Radar – Infosys TGT by Credit Swiss at 2050, Reliance Industries TGT by Credit Swiss at 2510, Infosys TGT by Nomura at 1710. Citi 1740, CITI TGT on TCS at 3130 and HSBC TGT at 3570
· Events – Single use plastic ban from today, Tata Motor price hike by 1-5% -2.5% from today, Hero Motocorp price hike by Rs3000 from today. Xpro India bonus 1:2, Tide Water dividend Rs15, Jyothy Labs dividend Rs2.50, Geojit Financial – dividend Rs3
· Global Data – ISM Manufacturing and ISM New Orders (US), S&P Global India PMI Manufacturing Data (India)
· Market Summary – Reliance to launch UK sandwich outlet Pret A Manger in India, Google cleared to buy 1.28% stake in Bharti Airtel, Bajaj Finance hikes deposit rates, yet again, PM inaugurates Bosch India's 'smart' campus in Bengaluru, Dr. Reddy's Lab announces conclusion of patent litigation with Indivior Inc, McDonald's India launches first all-women drive-thru restaurant, Gujarat, TTK Prestige Concludes Long-term Settlement with Workers
· Coal India: Coal India Ltd is looking at taking all its eight subsidiaries public as prices of the fossil fuel soared after power demand rebounded from the pandemic, a government official aware of the development said. - positive
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Morning updates !!

• India Key Industries’ Output Expands the Most in 13 Months

• Sri Lanka Breaks Into Hyperinflation Zone Amid Dollar Crunch

• India April-May Fiscal Deficit Reaches 12.3% of FY23 Target

• India Banking Sector Health Improves as Bad Loans Hit 6-Yr Low

o Bad loans ratio falls to 5.9% by March, against estimate of 9.8%

o India Consumer Durables Loans Rise to Record in May

• Pret A Manger to Expand Into India With Ambanis’ Reliance Brands

• Blackstone Said to Weigh US Listing of $2 Billion Tech Firm IBS

o IBS Software has filed confidentially for its US share sale

• Keppel Ends Joint Venture to Develop India Residential Project

• India Cumulative Monsoon Rainfall 8% Below Normal as of June 30

• Global Funds Sell Net INR11.4B India Stocks on Thursday: NSE

o Domestic funds buy net 13.8b rupees of stocks

• Foreign Investors Sell Net INR3.09B of India Equities Wednesday

• Ukraine Latest: US to Announce Another $800M in Defense Aid

• 10:30am: S&P Global’s India Manufacturing PMI for June, prior 54.6

• Bharti Airtel (BHARTI): CCI Approves Proposed Deal involving Google International, Bharti Airtel

• Indus Towers (INDUSTOW): Bharti Airtel buys additional 2.06% stake in Indus Towers

• Lupin (LPC): Gets U.S. FDA approval for ANDA Paliperidone ER tablets, a generic of Invega ER pills

• Max India (MAXINDIA): Files petition with NCLT for sanction of Scheme of Reduction of Capital with its shareholder

• Reliance Industries (RIL): Pret A Manger to Launch Operations in India With Reliance Brands

• Union Bank of India (UNBK): Shareholders approve capital raising of about INR81b
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

India Daybook – Stocks in News


Hero Motocorp: The Arbitration Tribunal has ruled that the Hero trademark can be used by Hero MotoCorp for selling electric vehicles. (Positive)

Bharti Airtel: CCI approves Google Intl's buy of 1.28% stake in Bharti Airtel (Positive)

Phoenix Mills: GIC arm Reco Zinnia invests Rs 400 cr in 3 arms of Phoenix Mills. (Positive)

REC: Company to issue one bonus share for every three shares held (Positive)

Reliance Ind: Reliance Brands announces strategic partnership UK-based food & organic coffee chain ‘Pret A Manger’ (Positive)

Lupin: Company gets approval from US FDA for Paliperidone Extended-Release Tablets. (Positive)

OMCs: Govt rationalises taxes on petrol, diesel. (Positive)

Globus Spirits: Company has tied-up with the aim to offer an integrated service to operate the plant owned by TIL. (Positive)

GR Infraprojects: The company has completed development of Purvanchal Expressway (Package-VII) from Mojrapur to Bijaura in Uttar Pradesh on EPC basis. (Positive)

UPL: The company has acquired 100 percent holding in Nature Bliss Agro (NBAL). (Positive)

Blue Star: CARE has reaffirmed its long term, and short term rating on credit facilities and non-convertible debentures at AA+, but revised the outlook from 'Negative' to 'Stable'. (Positive)

SBI Cards: The company launched ‘Aditya Birla SBI Card’, a "highly rewarding lifestyle credit card," (Positive)

Zydus Lifesciences: The company has received the final approval from the USFDA to market Lacosamide injection. (Positive)

Oil downstream companies: Oil marked its first monthly decline since November (Positive)

MOIL: Company raises some Manganese fines, chem grades price by 5% (Positive)

State Bank of India: Bank to issue Electoral Bonds from July 1 to July 10. (Neutral)

Bharti Airtel: Company accepts the government's offer to defer its adjusted gross revenue (AGR) dues for 2017-18 and 2018-19 for four years. (Neutral)

Hindustan Unilever Ltd: The FMCG major on Thursday announced that its chief executive officer and managing director Sanjiv Mehta will be appointed as the president commissioner (non-executive chairman) of Unilever's Indonesia business.. (Neutral)

Punjab National Bank: The State-owned bank on Thursday revised the base rate by 25 basis points (Neutral)

Yes Bank: Carnival Cin classified as NPA by Yes Bank. (Negative)
By: via @AlliesFin Serve Stock Market

@AlliesFin Serve Stock Market's Post

*MKT. UPDATES :*
@AlliesFin

*SGX Nifty +20 pts (15738) from last trade 15718 ,*

Nikkei -126 pts ,
Hangseng clsd ,
Now @ 6.54am .

Dow -253.88 pts ,Nsdq -149.16 pts, S&P
-33.45 pts, Bovespa -1079 pts , Ftse -143 pts , Dax -219 pts , Cac -108 pts , Crude @ $106.35 brl (+0.59), Brent @ $114.81 brl (-0.00) , Gold @ 1805.40 (-1.90), Silver @ $20.155 (-0.197), Euro @ $1.0473, JPY @ $135.97,  INR @ 78.965


*US GOVT. 10-YEAR YIELD : 2.99%*


*Today's Corporate Action, 01 July Ex Date :*

ANANTRAJ
Final Dividend - Rs. - 0.1200
GEOJITFSL
Final Dividend - Rs. - 3.0000
JYOTHYLAB
Final Dividend - Rs. - 2.5000
L&TFH
Final Dividend - Rs. - 0.5000
MATRIMONY
Buy Back of Shares  
MOTILALOFS
Dividend - Rs. - 3.0000
SIYSIL
Final Dividend - Rs. - 3.2000
SVARTCORP
Bonus issue 5:4 
TIDEWATER
Final Dividend - Rs. - 15.0000
XPROINDIA
Bonus issue 1:2 


*Today's Key Results/Board Meetings, 01-Jul-22 :*

ROOPSHRI
General      
SUPRAP
General     


*SEC. IN F&O BAN FOR, 01-Jul-22 :*

*NIL*


*Today's Alert :*

*RBI to Conduct Auction of GOI BONDS for INR 320 Billion*
By: via @AlliesFin Serve Stock Market