PIRAMAL ENTERPRISES: EX-DATE Today – Spin Off
Alert September-1 has been fixed as the demerger record date
Alert For every 1 Share of PEL shareholders will get 4 Shares of Piramal Pharma
By: via @AlliesFin Serve Stock Market
Tuesday 30 August 2022
@AlliesFin Serve Stock Market's Post
BREAKING NEWS:
buzz of India Cement open offer at Rs 270 by Jsw Group
By: via @AlliesFin Serve Stock Market
buzz of India Cement open offer at Rs 270 by Jsw Group
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• Ambani Outlines Reliance Heirs’ Roles at $220 Billion Empire
• Ambani’s Reliance to Spend $25 Billion on 5G Across India
o Jio to use standalone 5G, no dependence on 4G tech
• Ambani’s Reliance May Double Investment in Clean Energy Hardware
• Pakistan Flood Death Toll Passes 1,000 in ‘Climate Catastrophe’
• BPCL Says India May Have to Compensate if Fuel Losses Stay High
• BofA Says India Stocks to Be Range-Bound as Major Events Over
o Nifty 50 Index is set to trade in range of 17,000 to 19,500
• India Cumulative Monsoon Rainfall 7% Above Normal as of Aug. 29
• Indian Companies Issue INR136.8 Billion of Private Bonds Last Week
• Emerging Market ETF Outflows Hit $640.9 Mln, Most in 9 Months
• Global Funds Sell Net INR5.61B of Indian Stocks Monday: NSE
o Domestic funds buy net 1.44b rupees of stocks
• EAM Jaishankar holds talks with Maldivian counterpart: PTI
• Reliance to Update on Jio, Retail IPOs Next Year: Moneycontrol
• Adani Enterprises (ADE): Seeks SEBI Clarity On Warrants Conversion By NDTV Founders
• Adani Green (ADANIGR): Adani Green’s Key Debt Ratio Is Set to Improve, Nomura Says
• HFCL (HMFC): To consider fund raising via equity/debt on Sept. 2
• Procter & Gamble Health (PGHL): 4Q Net Income 411.9M Rupees Vs. 338.9M Rupees Y/y
• Sun Pharmaceutical (SUNP): Sees high-single to low double digit topline growth; see higher spend on speciality PDTS clinical trials
• Zomato (ZOMATO): Says no plan to re-brand Zomato app to Eternal; no change in anybody’s roles & responsibilities
By: via @AlliesFin Serve Stock Market
• Ambani’s Reliance to Spend $25 Billion on 5G Across India
o Jio to use standalone 5G, no dependence on 4G tech
• Ambani’s Reliance May Double Investment in Clean Energy Hardware
• Pakistan Flood Death Toll Passes 1,000 in ‘Climate Catastrophe’
• BPCL Says India May Have to Compensate if Fuel Losses Stay High
• BofA Says India Stocks to Be Range-Bound as Major Events Over
o Nifty 50 Index is set to trade in range of 17,000 to 19,500
• India Cumulative Monsoon Rainfall 7% Above Normal as of Aug. 29
• Indian Companies Issue INR136.8 Billion of Private Bonds Last Week
• Emerging Market ETF Outflows Hit $640.9 Mln, Most in 9 Months
• Global Funds Sell Net INR5.61B of Indian Stocks Monday: NSE
o Domestic funds buy net 1.44b rupees of stocks
• EAM Jaishankar holds talks with Maldivian counterpart: PTI
• Reliance to Update on Jio, Retail IPOs Next Year: Moneycontrol
• Adani Enterprises (ADE): Seeks SEBI Clarity On Warrants Conversion By NDTV Founders
• Adani Green (ADANIGR): Adani Green’s Key Debt Ratio Is Set to Improve, Nomura Says
• HFCL (HMFC): To consider fund raising via equity/debt on Sept. 2
• Procter & Gamble Health (PGHL): 4Q Net Income 411.9M Rupees Vs. 338.9M Rupees Y/y
• Sun Pharmaceutical (SUNP): Sees high-single to low double digit topline growth; see higher spend on speciality PDTS clinical trials
• Zomato (ZOMATO): Says no plan to re-brand Zomato app to Eternal; no change in anybody’s roles & responsibilities
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*SGX Nifty +54 pts (17438) from last trade 17384 ,*
Nikkei +274 pts ,
Hangseng +40 pts ,
Now @6.52am .
Dow -184.41 pts ,Nsdq -124.04 pts, S&P
-27.05 pts, Bovespa +24 pts , Ftse Clsd , Dax -78 pts , Cac -51 pts , Nikkei +219 pts now , Crude @ $96.78 brl (-0.23), Brent @ $105.09 brl (-0.00) , Gold @ 1749.30 (-0.40), Silver @ $18.64 (-0.03), Euro @ $0.9998, JPY @ $138.68, INR @ 79.94
*Today's Corporate Action*
*30th Aug Ex Date*
AARTECH
Dividend - Rs. - 0.5000
BENARAS
Final Dividend - Rs. - 10.0000
BENGALASM
Final Dividend - Rs. - 15.0000
BNALTD
Final Dividend - Rs. - 2.0000
GENUSPOWER
Dividend - Rs. - 0.2500
HEIDELBERG
Dividend - Rs. - 9.0000
JK AGRI
Dividend - Rs. - 1.5000
KAKATCEM
Dividend - Rs. - 3.0000
LAMBODHARA
Dividend - Rs. - 1.5000
MANYAVAR
Final Dividend - Rs. - 5.0000
TAMBOLI
Dividend - Rs. - 1.00000
*Today's Key Results/Board Meetings*
*30-Aug-22*
ACTIVE
A.G.M.
AGARIND
A.G.M.
BRFL
Quarterly Results
CHOTHANI
A.G.M.
DIDL
A.G.M.
ELFORGE
A.G.M.
ENBETRD
A.G.M.
GETALONG
A.G.M.
GNRL
A.G.M.;General
HALDER
Final Dividend;General
INFORTEC
General
INTECH
General
JYOTIN
A.G.M.;General
MADHUVEER
A.G.M.;General
MARG
Audited Results
MICROSE
A.G.M.;General
MMTC
Quarterly Results
MOHITE
Quarterly Results
PRISMX
A.G.M.;General
PROCAL
General
RAJSPTR
General
RUCHIRA
Bonus issue
SAMTEX
A.G.M.
SHREEPAC
General
SMAUTO
A.G.M.;General
SPVGLOBAL
A.G.M.;General
STARLIT
General
TDPOWERSYS
Stock Split
TRANSFIN
A.G.M.
VENLONENT
General
ZENITHHE
A.G.M.;General
*Stock under F&O ban on NSE*
*30-Aug-22*
None
By: via @AlliesFin Serve Stock Market
Nikkei +274 pts ,
Hangseng +40 pts ,
Now @6.52am .
Dow -184.41 pts ,Nsdq -124.04 pts, S&P
-27.05 pts, Bovespa +24 pts , Ftse Clsd , Dax -78 pts , Cac -51 pts , Nikkei +219 pts now , Crude @ $96.78 brl (-0.23), Brent @ $105.09 brl (-0.00) , Gold @ 1749.30 (-0.40), Silver @ $18.64 (-0.03), Euro @ $0.9998, JPY @ $138.68, INR @ 79.94
*Today's Corporate Action*
*30th Aug Ex Date*
AARTECH
Dividend - Rs. - 0.5000
BENARAS
Final Dividend - Rs. - 10.0000
BENGALASM
Final Dividend - Rs. - 15.0000
BNALTD
Final Dividend - Rs. - 2.0000
GENUSPOWER
Dividend - Rs. - 0.2500
HEIDELBERG
Dividend - Rs. - 9.0000
JK AGRI
Dividend - Rs. - 1.5000
KAKATCEM
Dividend - Rs. - 3.0000
LAMBODHARA
Dividend - Rs. - 1.5000
MANYAVAR
Final Dividend - Rs. - 5.0000
TAMBOLI
Dividend - Rs. - 1.00000
*Today's Key Results/Board Meetings*
*30-Aug-22*
ACTIVE
A.G.M.
AGARIND
A.G.M.
BRFL
Quarterly Results
CHOTHANI
A.G.M.
DIDL
A.G.M.
ELFORGE
A.G.M.
ENBETRD
A.G.M.
GETALONG
A.G.M.
GNRL
A.G.M.;General
HALDER
Final Dividend;General
INFORTEC
General
INTECH
General
JYOTIN
A.G.M.;General
MADHUVEER
A.G.M.;General
MARG
Audited Results
MICROSE
A.G.M.;General
MMTC
Quarterly Results
MOHITE
Quarterly Results
PRISMX
A.G.M.;General
PROCAL
General
RAJSPTR
General
RUCHIRA
Bonus issue
SAMTEX
A.G.M.
SHREEPAC
General
SMAUTO
A.G.M.;General
SPVGLOBAL
A.G.M.;General
STARLIT
General
TDPOWERSYS
Stock Split
TRANSFIN
A.G.M.
VENLONENT
General
ZENITHHE
A.G.M.;General
*Stock under F&O ban on NSE*
*30-Aug-22*
None
By: via @AlliesFin Serve Stock Market
Monday 29 August 2022
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 29-08-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -5503*
*INDEX FUT. : -1122*
*INDEX OPT. : -3036*
*STOCK FUT. : -1532*
*STOCK OPT. : +187*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 29-AUG-22 : (Rs. CRS )*
*FIIS : SELL -561 (5,253-5,814)*
*DIIS : BUY +144 (6,371-6,227)*
*BSE SENSEX : -861 (57,972)*
*NSE NIFTY : -246 (17,313)*
*BSE MIDCAP. : -202 (24,917)*
*BSE SMLCAP. : -161 (28,255)*
*B. CRUDE : $ 102.19*
*GOLD: $1727=INR 51,330(10gr)*
*SILVER :* *RS. 54,300 (kg) (5pm) *
*FOREX : RS. : $ 79.9625*
*6.54% GOI '32 : 7.2534% (95.1950)*
*7.26%NEW GOI '32: 7.2347%(100.1750)*
*7.54% GOI '36 : 7.4011% (101.1675)*By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
US 2-Year bond yield rise to 3.466%, the highest since end-2007.
Dollar Index hit 109.30, the first time since Oct. 2002.
By: via @AlliesFin Serve Stock Market
Dollar Index hit 109.30, the first time since Oct. 2002.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• India Restricts Wheat Flour, Other Exports to Curb Prices
• China, India Spar Over Controversial Ship’s Call in Sri Lanka
o India says Beijing gave embattled country extra problems
• India to Create Ecosystem for Cos Willing to Relocate:Sitharaman
• RBI’s Patra Says Second Round Effect Poses Upside Inflation Risk
• Ambani Succession, Spinoffs in Focus at Reliance Meeting (1)
o Investors awaiting news on listing of telecom, retail units
• India Set to Curb Some Rice Exports in Risk to Global Supply (1)
• Former StanChart Banker Appointed to Indian Market Regulator
• Bonds Rally in India as Index Inclusion Hopes Boost Sentiment
• Debt-Funded Acquisitions by Adani Group May Hit Ratings: S&P
• ArcelorMittal Nippon to Buy Essar Units for $2.4 Billion (1)
o To buy infrastructure assets including ports & power
• Mukesh Ambani Is Mystery Buyer of Dubai’s Costliest Home Ever
• Indian Stocks Rise, Still Post First Weekly Fall Since Mid-July
• India’s FX Reserves Fall $6.69B to $564.05b in Week to Aug. 19
o India Official Reserves Drop to Lowest Since October 2020
• Global Funds Buy Net INR23.6B of Indian Stocks on Aug. 26: NSE
o Domestic funds sell net 2.84b rupees of stocks
• India, Russia in Talks to Resume LNG Supply, Reuters Cites GAIL
• Special forces of India, US carry out mega exercise in Himachal Pradesh: PTI
• Blackstone Eyes IPO Filing for $2.5 Billion India Mall Portfolio
o Listing could mark India’s 1st retail property-focused REIT
• Cipla (CIPLA): Says U.S. FDA made 6 observation on Goa facility; Co. working with USFDA to address issues within stipulated time
• Mahindra & Mahindra (MM): Says SsangYong Motor ‘Rehabilitation Plan’ Approved
• Manappuram Finance (MGFL): To consider raising funds via debt in Sept.
• New Delhi Television (NDTV): Shift AGM date to Sept. 27 from Sept. 20
• Syngene International 9SYNG): To buy up to 26% stake in 02 renewable Energy II for INR30m
• Tata Steel (TATA): Signs pact with Punjab for long-PDTS steel plant, to have scrap-based electric arc furnace
By: via @AlliesFin Serve Stock Market
• China, India Spar Over Controversial Ship’s Call in Sri Lanka
o India says Beijing gave embattled country extra problems
• India to Create Ecosystem for Cos Willing to Relocate:Sitharaman
• RBI’s Patra Says Second Round Effect Poses Upside Inflation Risk
• Ambani Succession, Spinoffs in Focus at Reliance Meeting (1)
o Investors awaiting news on listing of telecom, retail units
• India Set to Curb Some Rice Exports in Risk to Global Supply (1)
• Former StanChart Banker Appointed to Indian Market Regulator
• Bonds Rally in India as Index Inclusion Hopes Boost Sentiment
• Debt-Funded Acquisitions by Adani Group May Hit Ratings: S&P
• ArcelorMittal Nippon to Buy Essar Units for $2.4 Billion (1)
o To buy infrastructure assets including ports & power
• Mukesh Ambani Is Mystery Buyer of Dubai’s Costliest Home Ever
• Indian Stocks Rise, Still Post First Weekly Fall Since Mid-July
• India’s FX Reserves Fall $6.69B to $564.05b in Week to Aug. 19
o India Official Reserves Drop to Lowest Since October 2020
• Global Funds Buy Net INR23.6B of Indian Stocks on Aug. 26: NSE
o Domestic funds sell net 2.84b rupees of stocks
• India, Russia in Talks to Resume LNG Supply, Reuters Cites GAIL
• Special forces of India, US carry out mega exercise in Himachal Pradesh: PTI
• Blackstone Eyes IPO Filing for $2.5 Billion India Mall Portfolio
o Listing could mark India’s 1st retail property-focused REIT
• Cipla (CIPLA): Says U.S. FDA made 6 observation on Goa facility; Co. working with USFDA to address issues within stipulated time
• Mahindra & Mahindra (MM): Says SsangYong Motor ‘Rehabilitation Plan’ Approved
• Manappuram Finance (MGFL): To consider raising funds via debt in Sept.
• New Delhi Television (NDTV): Shift AGM date to Sept. 27 from Sept. 20
• Syngene International 9SYNG): To buy up to 26% stake in 02 renewable Energy II for INR30m
• Tata Steel (TATA): Signs pact with Punjab for long-PDTS steel plant, to have scrap-based electric arc furnace
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
India Daybook Stocks in News
*Syngene:* The company has entered into an agreement for the acquisition of renewable power (Positive)
*NHPC:* NHPC and the Himachal Pradesh Government signed an implementation agreement for Dugar HE project. (Positive)
*Jubilant Pharmova:* Subsidiary Jubilant Draximage Inc has received the EIR with VAI status from the USFDA (Positive)
*RITES:* The company has secured a new order with JV partner for the redevelopment of the Kollam railway station for Rs 361.18 crore from Southern Railways (Positive)
*UltraTech Cement:* As part of its ongoing expansion plan, the company has commissioned cement capacity of 1.3 mtpa at Dalla Cement Works, Uttar Pradesh (Positive)
*Power comapnies:* Power Ministry notifies norms for tariff-based bidding to procure power from grid-connected RE projects. (Positive)
*SRF:* The project for setting up a second Biaxially oriented polypropylene film line and metalliser unit in Indore. (Positive)
*Walchand Nagar:* To Consider Proposal of Preferential Issue of Shares (Positive)
*Dixon:* Forms A JV to undertake manufacturing of Bluetooth enabled audio services (Positive)
*Aster DM:* Subsidiary executes Area Development Agreement with GD Assist, Bangladesh (Positive)
*RVNL:* Signed an MoU with M/s Bharat Heavy Electricals Limited (BHEL) to jointly work in the field of infrastructure and project execution, in India and abroad. (Positive)
*GAIL:* India, Russia in Talks to Resume LNG Supply. (Positive)
*Mahindra & Mahindra:* Says SsangYong Motor ‘Rehabilitation Plan’ Approved (Positive)
*Reliance Industries:* The 45th Annual General Meeting will start at 2 pm on August 29. (Neutral)
*Maruti:* PM lays the foundation stone for Suzuki's electric vehicle battery manufacturing plant (Neutral)
*Canara Bank:* Raises Rs 2000 crore Basel III Compliant. (Neutral)
*Paytm:* Company appoints GS Sundarajan as independent director. (Neutral)
*GMR Infra:* To consider and approve raising of funds of up to Rs 6000 Crore in one or more tranche. (Neutral)
*Glenmark:* Received communication from USFDA indicating the inspection classification as “Official Action Indicated” for its Goa Facility (Neutral)
*Manappuram:* To consider raising funds via debt in Sept. (Neutral)
*NDTV:* Shift AGM date to Sept. 27 from Sept. 20 (Neutral)
*Tata Steel:* Signs pact with Punjab for long-PDTS steel plant, to have scrap-based electric arc furnace (Neutral)
*Cipla:* The company has now received six observations for Goa plant.
*Orient Electric:* PGIM India Mutual Fund sold 13,08,014 equity shares in the company through open market transactions.
*Sapphire Foods:* Edelweiss Finance and Investments sold 3,43,250 equity shares in the company at an average price of Rs 1,220.22 a shares.
Forwarded as Received......
By: via @AlliesFin Serve Stock Market
*Syngene:* The company has entered into an agreement for the acquisition of renewable power (Positive)
*NHPC:* NHPC and the Himachal Pradesh Government signed an implementation agreement for Dugar HE project. (Positive)
*Jubilant Pharmova:* Subsidiary Jubilant Draximage Inc has received the EIR with VAI status from the USFDA (Positive)
*RITES:* The company has secured a new order with JV partner for the redevelopment of the Kollam railway station for Rs 361.18 crore from Southern Railways (Positive)
*UltraTech Cement:* As part of its ongoing expansion plan, the company has commissioned cement capacity of 1.3 mtpa at Dalla Cement Works, Uttar Pradesh (Positive)
*Power comapnies:* Power Ministry notifies norms for tariff-based bidding to procure power from grid-connected RE projects. (Positive)
*SRF:* The project for setting up a second Biaxially oriented polypropylene film line and metalliser unit in Indore. (Positive)
*Walchand Nagar:* To Consider Proposal of Preferential Issue of Shares (Positive)
*Dixon:* Forms A JV to undertake manufacturing of Bluetooth enabled audio services (Positive)
*Aster DM:* Subsidiary executes Area Development Agreement with GD Assist, Bangladesh (Positive)
*RVNL:* Signed an MoU with M/s Bharat Heavy Electricals Limited (BHEL) to jointly work in the field of infrastructure and project execution, in India and abroad. (Positive)
*GAIL:* India, Russia in Talks to Resume LNG Supply. (Positive)
*Mahindra & Mahindra:* Says SsangYong Motor ‘Rehabilitation Plan’ Approved (Positive)
*Reliance Industries:* The 45th Annual General Meeting will start at 2 pm on August 29. (Neutral)
*Maruti:* PM lays the foundation stone for Suzuki's electric vehicle battery manufacturing plant (Neutral)
*Canara Bank:* Raises Rs 2000 crore Basel III Compliant. (Neutral)
*Paytm:* Company appoints GS Sundarajan as independent director. (Neutral)
*GMR Infra:* To consider and approve raising of funds of up to Rs 6000 Crore in one or more tranche. (Neutral)
*Glenmark:* Received communication from USFDA indicating the inspection classification as “Official Action Indicated” for its Goa Facility (Neutral)
*Manappuram:* To consider raising funds via debt in Sept. (Neutral)
*NDTV:* Shift AGM date to Sept. 27 from Sept. 20 (Neutral)
*Tata Steel:* Signs pact with Punjab for long-PDTS steel plant, to have scrap-based electric arc furnace (Neutral)
*Cipla:* The company has now received six observations for Goa plant.
*Orient Electric:* PGIM India Mutual Fund sold 13,08,014 equity shares in the company through open market transactions.
*Sapphire Foods:* Edelweiss Finance and Investments sold 3,43,250 equity shares in the company at an average price of Rs 1,220.22 a shares.
Forwarded as Received......
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Mkt. Updates:
SGX Nifty -400 pts (17278) from last trade 17678 ,
Nikkei -833 pts ,
Hangseng -210 pts ,
Now @ 6.55am .
Dow -1008.38 pts ,Nsdq -497.55 pts, S&P
-141.46 pts, Bovespa -1232 pts , Ftse -52 pts , Dax -248 pts , Cac -107 pts , Crude @ $93.18 brl (+0.12), Brent @ $100.93 brl (-0.06) , Gold @ 1746.10 (-3.70), Silver @ $18.58 (-0.16), Euro @ $0.993, JPY @ $138.32, INR @ 79.985
US GOVT. 10-YEAR YIELD : 3.10%
*Today's Corporate Action, 29 Aug Ex Date :*
ALFAVIO
Stock Split From Rs.10/- to Rs.1/-DATAINFRA
Income Distribution (InvIT)
DATAPATTNS
Final Dividend - Rs. - 3.5000
ELNET
Final Dividend - Rs. - 2.0000
GUJTHEM
Final Dividend - Rs. - 4.0000
INDIAGLYCO
Final Dividend - Rs. - 7.5000
IONEXCHANG
Dividend - Rs. - 10.0000
IVC
Final Dividend - Rs. - 0.4000
KAMAHOLD
Interim Dividend - Rs. - 82.0000
METROBRAND
Final Dividend - Rs. - 0.7500
POKARNA
Final Dividend - Rs. - 0.6000
RSWM
Dividend - Rs. - 25.0000
SIS
Buy Back of Shares
SNL
Final Dividend - Rs. - 6.5000
STHINPA
Final Dividend - Rs. - 1.0000
VIRAT
Final Dividend - Rs. - 1.0000
Today's Key Results/Board Meetings, 29-Aug-22 :
AADHAARVEN
A.G.M.;General
ABHIFIN
A.G.M.
ACIASIA
A.G.M.;General
AGOL
A.G.M.;General
AMITSEC
A.G.M.
ANSINDUS
A.G.M.;General
BAMPSL
General
BANASFN
A.G.M.;General
BIRLAPREC
Scheme of Arrangement
CORPOCO
General
GTEIT
A.G.M.;General
INDINFO
A.G.M.
INDOSOLAR
Audited Results
JIGAR
A.G.M.
JPTRLES
A.G.M.;General
KDML
A.G.M.;General
KIRANPR
A.G.M.
MACKINN
Audited Results
NEERAJ
General
NVENTURES
A.G.M.
OPTIFIN
A.G.M.;Issue Of Warrants;Preferential Issue of shares
PGFOILQ
A.G.M.
PGHL
Audited Results;Final Dividend
RGIL
A.G.M.
RITCO
A.G.M.;General
SBGLP
General
SHBCLQ
Bonus issue
SINDHUTRAD
A.G.M.;Audited Results;Quarterly Results
TILAK
A.G.M.;General
USHDI
General
VEDAVAAG
Dividend
VISHALBL
A.G.M.
*SEC. IN F&O BAN FOR, 29 AUG, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 140 Billion*
By: via @AlliesFin Serve Stock Market
SGX Nifty -400 pts (17278) from last trade 17678 ,
Nikkei -833 pts ,
Hangseng -210 pts ,
Now @ 6.55am .
Dow -1008.38 pts ,Nsdq -497.55 pts, S&P
-141.46 pts, Bovespa -1232 pts , Ftse -52 pts , Dax -248 pts , Cac -107 pts , Crude @ $93.18 brl (+0.12), Brent @ $100.93 brl (-0.06) , Gold @ 1746.10 (-3.70), Silver @ $18.58 (-0.16), Euro @ $0.993, JPY @ $138.32, INR @ 79.985
US GOVT. 10-YEAR YIELD : 3.10%
*Today's Corporate Action, 29 Aug Ex Date :*
ALFAVIO
Stock Split From Rs.10/- to Rs.1/-DATAINFRA
Income Distribution (InvIT)
DATAPATTNS
Final Dividend - Rs. - 3.5000
ELNET
Final Dividend - Rs. - 2.0000
GUJTHEM
Final Dividend - Rs. - 4.0000
INDIAGLYCO
Final Dividend - Rs. - 7.5000
IONEXCHANG
Dividend - Rs. - 10.0000
IVC
Final Dividend - Rs. - 0.4000
KAMAHOLD
Interim Dividend - Rs. - 82.0000
METROBRAND
Final Dividend - Rs. - 0.7500
POKARNA
Final Dividend - Rs. - 0.6000
RSWM
Dividend - Rs. - 25.0000
SIS
Buy Back of Shares
SNL
Final Dividend - Rs. - 6.5000
STHINPA
Final Dividend - Rs. - 1.0000
VIRAT
Final Dividend - Rs. - 1.0000
Today's Key Results/Board Meetings, 29-Aug-22 :
AADHAARVEN
A.G.M.;General
ABHIFIN
A.G.M.
ACIASIA
A.G.M.;General
AGOL
A.G.M.;General
AMITSEC
A.G.M.
ANSINDUS
A.G.M.;General
BAMPSL
General
BANASFN
A.G.M.;General
BIRLAPREC
Scheme of Arrangement
CORPOCO
General
GTEIT
A.G.M.;General
INDINFO
A.G.M.
INDOSOLAR
Audited Results
JIGAR
A.G.M.
JPTRLES
A.G.M.;General
KDML
A.G.M.;General
KIRANPR
A.G.M.
MACKINN
Audited Results
NEERAJ
General
NVENTURES
A.G.M.
OPTIFIN
A.G.M.;Issue Of Warrants;Preferential Issue of shares
PGFOILQ
A.G.M.
PGHL
Audited Results;Final Dividend
RGIL
A.G.M.
RITCO
A.G.M.;General
SBGLP
General
SHBCLQ
Bonus issue
SINDHUTRAD
A.G.M.;Audited Results;Quarterly Results
TILAK
A.G.M.;General
USHDI
General
VEDAVAAG
Dividend
VISHALBL
A.G.M.
*SEC. IN F&O BAN FOR, 29 AUG, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 140 Billion*
By: via @AlliesFin Serve Stock Market
Friday 26 August 2022
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 26-08-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +5139*
*INDEX FUT. : +1020*
*INDEX OPT. : +3522*
*STOCK FUT. : +603*
*STOCK OPT. : -06*
*SEC. IN F&O BAN FOR, 29 AUG, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 26-AUG-22 : (Rs. CRS )*
*FIIS : SELL -51 (6,126-6,177)*
*DIIS : BUY +453 (5,408-4,955)*
*BSE SENSEX : +59 (58,833)*
*NSE NIFTY : +37 (17,559)*
*BSE MIDCAP. : +99 (25,119)*
*BSE SMLCAP. : +100 (28,416)*
*B. CRUDE : $ 99.63*
*GOLD: $1747=INR 51,730(10gr)*
*SILVER :* *RS. 55,660 (kg) (5pm) *
*FOREX : RS. : $ 79.8650*
*6.54% GOI '32 : 7.2173% (95.43)*
*7.26%NEW GOI '32: 7.2049%(100.3850)*
*7.54% GOI '36 : 7.3834% (101.32)*
By: via @AlliesFin Serve Stock Market
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +5139*
*INDEX FUT. : +1020*
*INDEX OPT. : +3522*
*STOCK FUT. : +603*
*STOCK OPT. : -06*
*SEC. IN F&O BAN FOR, 29 AUG, 2022 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 26-AUG-22 : (Rs. CRS )*
*FIIS : SELL -51 (6,126-6,177)*
*DIIS : BUY +453 (5,408-4,955)*
*BSE SENSEX : +59 (58,833)*
*NSE NIFTY : +37 (17,559)*
*BSE MIDCAP. : +99 (25,119)*
*BSE SMLCAP. : +100 (28,416)*
*B. CRUDE : $ 99.63*
*GOLD: $1747=INR 51,730(10gr)*
*SILVER :* *RS. 55,660 (kg) (5pm) *
*FOREX : RS. : $ 79.8650*
*6.54% GOI '32 : 7.2173% (95.43)*
*7.26%NEW GOI '32: 7.2049%(100.3850)*
*7.54% GOI '36 : 7.3834% (101.32)*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*DreamFolks Ser* :- Final Sub Fig @ 5.00 P.M.
QIB* : 70.53×
HNI : 37.65×
HNI (Above Rs.10 Lakhs ) : 40.94×
HNI ( Upto Rs.10 Lakhs ) : 31.07×
Ret : 43.66×
Total : 56.68×
*Excluding Anchor
By: via @AlliesFin Serve Stock Market
QIB* : 70.53×
HNI : 37.65×
HNI (Above Rs.10 Lakhs ) : 40.94×
HNI ( Upto Rs.10 Lakhs ) : 31.07×
Ret : 43.66×
Total : 56.68×
*Excluding Anchor
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Open Offer Opens Today
Company: ACC LTD (ACC)
Type of Offer: Acquisition
Acquirer: Adani Group
Issue of Public Announcement: 16-May-22
Offer price Rs: 2300
CMP: Rs. 2305
(%Prem.)/Disc.: (0.22%)
Offer Size : Rs 11260 Cr
Proposed Acq. No. of shares (in Cr.) : 4.89 Cr.
Proposed Acq. : 26%
SCHEDULE OF ACTIVITY:
Start Date: Friday, August 26, 2022(Today)
End Date: Friday, September 09, 2022
Obligation Date: Thursday, September 22, 2022
Settlement Date: Friday, September 23, 2022
Open Offer Opens Today
Company: Ambuja Cements LTD (AMBUJACEM)
Type of Offer: Acquisition
Acquirer: Adani Group
Issue of Public Announcement: 16-May-22
Offer price Rs: 385
CMP: Rs. 400
(%Prem.)/Disc.: (3.75%)
Offer Size : Rs 19879 Cr
Proposed Acq. No. of shares (in Cr.) : 51.64 Cr.
Proposed Acq. : 26%
SCHEDULE OF ACTIVITY:
Start Date: Friday, August 26, 2022(Today)
End Date: Friday, September 09, 2022
Obligation Date: Thursday, September 22, 2022
Settlement Date: Friday, September 23, 2022
BIRLASOFT LTD. – Buyback Closes Today
Route: Tender Route
Current Market Price: 327/-
Buyback Price: 500/-
Buyback Size (in ₹): 390 Crore
Buyback Size (in Shares): 78 Lacs shares (representing 2.79% of O/s. shares)
Record Date –July 15, 2022
Tender Period:
Start Date: Aug 11, 2022
Close Date: Aug 26, 2022(Today)
Obligation Date: Sep 06, 2022
Settlement Date: Sep 07, 2022
By: via @AlliesFin Serve Stock Market
Company: ACC LTD (ACC)
Type of Offer: Acquisition
Acquirer: Adani Group
Issue of Public Announcement: 16-May-22
Offer price Rs: 2300
CMP: Rs. 2305
(%Prem.)/Disc.: (0.22%)
Offer Size : Rs 11260 Cr
Proposed Acq. No. of shares (in Cr.) : 4.89 Cr.
Proposed Acq. : 26%
SCHEDULE OF ACTIVITY:
Start Date: Friday, August 26, 2022(Today)
End Date: Friday, September 09, 2022
Obligation Date: Thursday, September 22, 2022
Settlement Date: Friday, September 23, 2022
Open Offer Opens Today
Company: Ambuja Cements LTD (AMBUJACEM)
Type of Offer: Acquisition
Acquirer: Adani Group
Issue of Public Announcement: 16-May-22
Offer price Rs: 385
CMP: Rs. 400
(%Prem.)/Disc.: (3.75%)
Offer Size : Rs 19879 Cr
Proposed Acq. No. of shares (in Cr.) : 51.64 Cr.
Proposed Acq. : 26%
SCHEDULE OF ACTIVITY:
Start Date: Friday, August 26, 2022(Today)
End Date: Friday, September 09, 2022
Obligation Date: Thursday, September 22, 2022
Settlement Date: Friday, September 23, 2022
BIRLASOFT LTD. – Buyback Closes Today
Route: Tender Route
Current Market Price: 327/-
Buyback Price: 500/-
Buyback Size (in ₹): 390 Crore
Buyback Size (in Shares): 78 Lacs shares (representing 2.79% of O/s. shares)
Record Date –July 15, 2022
Tender Period:
Start Date: Aug 11, 2022
Close Date: Aug 26, 2022(Today)
Obligation Date: Sep 06, 2022
Settlement Date: Sep 07, 2022
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Pranam,
LET YOUR MONEY WORK FOR YOU WHILE YOU ARE SLEEPING !!!!
HOW TO INVEST SAFE ?
HOW TO INVEST RIGHT ?
JOIN US FOR ONLINE PRESENTATION
``FINANCIAL INVESTMENTS PLANNING WEBINAR``
Date: Friday 26 August 2022
4 to 5.30 pm
Entry is free but registration is compulsory.
For event updates,
Join Allies Fin Serve group for updates
https://chat.whatsapp.com/GzgmMBBIq5NCPFHgbtFz2Z
Pre Book your Seat
https://wa.me/919869958999
By: via @AlliesFin Serve Stock Market
LET YOUR MONEY WORK FOR YOU WHILE YOU ARE SLEEPING !!!!
HOW TO INVEST SAFE ?
HOW TO INVEST RIGHT ?
JOIN US FOR ONLINE PRESENTATION
``FINANCIAL INVESTMENTS PLANNING WEBINAR``
Date: Friday 26 August 2022
4 to 5.30 pm
Entry is free but registration is compulsory.
For event updates,
Join Allies Fin Serve group for updates
https://chat.whatsapp.com/GzgmMBBIq5NCPFHgbtFz2Z
Pre Book your Seat
https://wa.me/919869958999
By: via @AlliesFin Serve Stock Market
Thursday 25 August 2022
@AlliesFin Serve Stock Market's Post
*Brutal expiry for bulls. Put writers slaughtered left right and centre*
17700pe price 15 with OI 1.25 cr at 1.40 pm. Hit 199 at 3.15 pm
17650pe price 7 with OI 83 lacs at 2.15 pm. Hit 149 at 3.15 pm
17600pe price 9 with OI 1.30 cr at 11 am. Hit 133 at 3.10 pm
17550pe price 4 with OI 58 lacs at 11.45 am. Hit 50 at 3.10 pm
17500pe price 3 with OI 1.10 cr at 11 am. Hit 24 at 3.10 pm
No matter you sold ATM, OTM or far OTM. It was hunted.
By: via @AlliesFin Serve Stock Market
17700pe price 15 with OI 1.25 cr at 1.40 pm. Hit 199 at 3.15 pm
17650pe price 7 with OI 83 lacs at 2.15 pm. Hit 149 at 3.15 pm
17600pe price 9 with OI 1.30 cr at 11 am. Hit 133 at 3.10 pm
17550pe price 4 with OI 58 lacs at 11.45 am. Hit 50 at 3.10 pm
17500pe price 3 with OI 1.10 cr at 11 am. Hit 24 at 3.10 pm
No matter you sold ATM, OTM or far OTM. It was hunted.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 25-08-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +9364*
*INDEX FUT. : -2010*
*INDEX OPT. : +13118*
*STOCK FUT. : -1779*
*STOCK OPT. : +35*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 25-AUG-22 : (Rs. CRS )*
*FIIS : BUY +369 (6,814-6,445)*
*DIIS : SELL -334 (5,678-6,012)*
*BSE SENSEX : -311 (58,774)*
*NSE NIFTY : -82 (17,522)*
*BSE MIDCAP. : +51 (25,020)*
*BSE SMLCAP. : +49 (28,316)*
*B. CRUDE : $ 101.05*
*GOLD: $1765=INR 51,920(10gr)*
*SILVER :* *RS. 55,630 (kg) (5pm) *
*FOREX : RS. : $ 79.88*
*6.54% GOI '32 : 7.2929% (94.9350)*
*7.26%NEW GOI '32: 7.2773%(99.8775)*
*7.54% GOI '36 : 7.4686% (100.59)*
By: via @AlliesFin Serve Stock Market
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +9364*
*INDEX FUT. : -2010*
*INDEX OPT. : +13118*
*STOCK FUT. : -1779*
*STOCK OPT. : +35*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 25-AUG-22 : (Rs. CRS )*
*FIIS : BUY +369 (6,814-6,445)*
*DIIS : SELL -334 (5,678-6,012)*
*BSE SENSEX : -311 (58,774)*
*NSE NIFTY : -82 (17,522)*
*BSE MIDCAP. : +51 (25,020)*
*BSE SMLCAP. : +49 (28,316)*
*B. CRUDE : $ 101.05*
*GOLD: $1765=INR 51,920(10gr)*
*SILVER :* *RS. 55,630 (kg) (5pm) *
*FOREX : RS. : $ 79.88*
*6.54% GOI '32 : 7.2929% (94.9350)*
*7.26%NEW GOI '32: 7.2773%(99.8775)*
*7.54% GOI '36 : 7.4686% (100.59)*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Borrowings of some major business houses
In Rs crores
~ Tata Group 2,89,080
~ Reliance Ind 2,66,305
~ Aditya Birla Group 2,29,857
~ Adani Group 2,18,271
~ L&T 1,62,792
~ Mahindra Group 74,667
~ Bajaj Group 61,253
But it's noise against only Adani that attracts attention
By: via @AlliesFin Serve Stock Market
In Rs crores
~ Tata Group 2,89,080
~ Reliance Ind 2,66,305
~ Aditya Birla Group 2,29,857
~ Adani Group 2,18,271
~ L&T 1,62,792
~ Mahindra Group 74,667
~ Bajaj Group 61,253
But it's noise against only Adani that attracts attention
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Namaste !!
Stock Market valo k 2 Major Sawal,
Q Market mein Kya news Hai ?
A Join https://telegram.me/AlliesFin
Q Market mein Kya Kar ne ka ?
A Join https://telegram.me/A1GuruKulam
Connect us with Your Sawal and let's help you with Reasonable Answers
Write us
https://wa.me/919869958999
Jai Ho
By: via @AlliesFin Serve Stock Market
Stock Market valo k 2 Major Sawal,
Q Market mein Kya news Hai ?
A Join https://telegram.me/AlliesFin
Q Market mein Kya Kar ne ka ?
A Join https://telegram.me/A1GuruKulam
Connect us with Your Sawal and let's help you with Reasonable Answers
Write us
https://wa.me/919869958999
Jai Ho
By: via @AlliesFin Serve Stock Market
Wednesday 24 August 2022
@AlliesFin Serve Stock Market's Post
AS PART OF ANNIVERSARY CELEBRATIONS #ALLIESFIN
7 LEARNINGS N WEALTH CREATION IDEAS
READ MORE
https://telegram.me/ALLIESFIN
By: via @AlliesFin Serve Stock Market
7 LEARNINGS N WEALTH CREATION IDEAS
READ MORE
https://telegram.me/ALLIESFIN
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Pledge Share Details
Max Financial Services: Promoter Max Ventures Investment Holdings created a pledge of 9 lakh shares on Aug. 19.
Mangalore Chemicals & Fertilizers: Promoter Zuari Agro Chemicals revoked a pledge of 40 lakh shares on Aug. 19.
Sterling and Wilson Renewable Energy: Promoter Shapoorji Pallonji and Company created a pledge if 45.08 lakh shares on Aug. 18.
By: via @AlliesFin Serve Stock Market
Max Financial Services: Promoter Max Ventures Investment Holdings created a pledge of 9 lakh shares on Aug. 19.
Mangalore Chemicals & Fertilizers: Promoter Zuari Agro Chemicals revoked a pledge of 40 lakh shares on Aug. 19.
Sterling and Wilson Renewable Energy: Promoter Shapoorji Pallonji and Company created a pledge if 45.08 lakh shares on Aug. 18.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
STOCKS TO WATCH: NDTV, ARVIND SMARTSPACES, PFC, UGRO CAPITAL, EASY TRIP, CHENNAI PETRO, HPCL, TCS, COMPUTER AGE, MADHYA BHARAT
NDTV: Adani Unit Acquired 100% Equity Stake In VCPL
Arvind Smartspaces: Co Inks Agreement With HDFC Capital Advisors For Creating Residential Development Platform With Revenue Potential Of Upto Rs. 5,000 Crores
Power Finance Corp: Co Signs MOU For 67.5b Rupees With Mahapreit To Aid 1550 Mw Solar Power Projects In Maharashtra
Ugro Capital: Board Meeting On Aug 26 To Consider Raising Of Funds Via Issuance Of Non-Convertible Debentures
Easy Trip Planners: Board Meeting On Aug 26 To Consider Raising Further Capital
Chennai Petroleum Corp: Co To Form Joint Venture With Indian Oil And Other Seed Equity Investors
HPCL: Co Commences First Cow Dung To Compressed Biogas Project Under Gobar-Dhan Scheme || Co's First Project Under Waste To Energy Portfolio Commenced In Rajasthan
TCS: Co Spokesperson Says 100% Variable Amount Is Being Paid For Q1 || Says Variable Pay Is Either Paid In Month One Or Month Two As Per The Normal Process And There’s No Delay In That Process
Computer Age Management Services: Co Says Great Terrain Investment Cuts Stake In Co By 3.79% To 19.95%
Madhya Bharat Agro Products: Co Recommended Bonus Issue Of Shares In Ratio Of 1:1
Stocks To Watch
Adani Enterprises/NDTV: Adani Media Networks, a wholly owned subsidiary of Adani Enterprises acquired indirect stake in NDTV. AMNL acquired stake in NDTV through acquisition of 100% stake in Vishvapradhan Commercial for an enterprise value of Rs 113.74 crore. Vishvapradhan Commercial exercised its right to convert 10 crore warrants into equity in RRPR Holding, the holding company of promoters Pranoy and Radhika Roy controls 29.18% stake in NDTV. Moreover, Vishvapradhan Commercial along with AMG Media and Adani Enterprises to make open offer for 26% stake or 1.62 crore shares at Rs 294 apiece.
Chennai Petroleum: The company approved the proposal for a joint venture with Indian Oil and other seed equity investors including Axis Bank, HDFC Life Insurance Company, ICICI Bank,ICICI Prudential Life Insurance Company and SBI Life Insurance Company for implementing 9 MMTPA refinery project at Cauvery Basin refinery Nagapattinam District. The project cost is Rs 31,580 crore. The board also approved investment of Rs 2,570 crore in the joint venture as company’s contribution of 25%.
Nava: The company has discontinued production of High Carbon Ferro Chrome in its Odisha Works for Tata Steel Mining company at the end of October 2022. The agreement for production of HCFC for TATA Steel Mining was up to March 2025.The company will undertake a scheduled maintenance of the Odisha smelters in November 2022 and switch over to production of Manganese alloys in Odisha Works. The Company has geared up for this additional production in Odisha, besides that in Telangana, aggregating to a rated capacity of 1,80,000 MT of Manganese Alloys per annum. The switchover would provide the company better economies of scale and improved market share in the Manganese alloys segment.
Who’s Meeting Whom
Meghmani Finechem: To meet investors and analysts on Aug. 24.
Tech Mahindra: To meet investors and analysts on Aug. 26.
UltraTech Cement: To meet investors and analysts on Aug. 24.
Shilpa Medicare: To meet investors and analysts on Aug. 24.
Persistent Systems: To meet investors and analysts on Aug. 24.
Aptus Value Housing Finance India: To meet investors and analysts on Aug. 24.
PI Industries: To meet investors and analysts on Aug. 24 and Aug. 26.
Marksans Pharma: To meet investors and analysts on Aug. 24.
Jindal Stainless: To meet investors and analysts on Aug. 24 and August 25.
Aarti Drugs: To meet investors and analysts on Aug. 24.
Insider Trades
LG Balakrishnan & Bros: Promoter Nithin Karivardhan sold 2,017 shares on August 22.
Vaibhav Global: Promoter Group Brett Enterprises bought 4,000 shares on August 22.
Nuvoco Vistas Corporation: Promoter Group Niyogi Enterprise bought 55,000 shares between August 18 and August 19
By: via @AlliesFin Serve Stock Market
NDTV: Adani Unit Acquired 100% Equity Stake In VCPL
Arvind Smartspaces: Co Inks Agreement With HDFC Capital Advisors For Creating Residential Development Platform With Revenue Potential Of Upto Rs. 5,000 Crores
Power Finance Corp: Co Signs MOU For 67.5b Rupees With Mahapreit To Aid 1550 Mw Solar Power Projects In Maharashtra
Ugro Capital: Board Meeting On Aug 26 To Consider Raising Of Funds Via Issuance Of Non-Convertible Debentures
Easy Trip Planners: Board Meeting On Aug 26 To Consider Raising Further Capital
Chennai Petroleum Corp: Co To Form Joint Venture With Indian Oil And Other Seed Equity Investors
HPCL: Co Commences First Cow Dung To Compressed Biogas Project Under Gobar-Dhan Scheme || Co's First Project Under Waste To Energy Portfolio Commenced In Rajasthan
TCS: Co Spokesperson Says 100% Variable Amount Is Being Paid For Q1 || Says Variable Pay Is Either Paid In Month One Or Month Two As Per The Normal Process And There’s No Delay In That Process
Computer Age Management Services: Co Says Great Terrain Investment Cuts Stake In Co By 3.79% To 19.95%
Madhya Bharat Agro Products: Co Recommended Bonus Issue Of Shares In Ratio Of 1:1
Stocks To Watch
Adani Enterprises/NDTV: Adani Media Networks, a wholly owned subsidiary of Adani Enterprises acquired indirect stake in NDTV. AMNL acquired stake in NDTV through acquisition of 100% stake in Vishvapradhan Commercial for an enterprise value of Rs 113.74 crore. Vishvapradhan Commercial exercised its right to convert 10 crore warrants into equity in RRPR Holding, the holding company of promoters Pranoy and Radhika Roy controls 29.18% stake in NDTV. Moreover, Vishvapradhan Commercial along with AMG Media and Adani Enterprises to make open offer for 26% stake or 1.62 crore shares at Rs 294 apiece.
Chennai Petroleum: The company approved the proposal for a joint venture with Indian Oil and other seed equity investors including Axis Bank, HDFC Life Insurance Company, ICICI Bank,ICICI Prudential Life Insurance Company and SBI Life Insurance Company for implementing 9 MMTPA refinery project at Cauvery Basin refinery Nagapattinam District. The project cost is Rs 31,580 crore. The board also approved investment of Rs 2,570 crore in the joint venture as company’s contribution of 25%.
Nava: The company has discontinued production of High Carbon Ferro Chrome in its Odisha Works for Tata Steel Mining company at the end of October 2022. The agreement for production of HCFC for TATA Steel Mining was up to March 2025.The company will undertake a scheduled maintenance of the Odisha smelters in November 2022 and switch over to production of Manganese alloys in Odisha Works. The Company has geared up for this additional production in Odisha, besides that in Telangana, aggregating to a rated capacity of 1,80,000 MT of Manganese Alloys per annum. The switchover would provide the company better economies of scale and improved market share in the Manganese alloys segment.
Who’s Meeting Whom
Meghmani Finechem: To meet investors and analysts on Aug. 24.
Tech Mahindra: To meet investors and analysts on Aug. 26.
UltraTech Cement: To meet investors and analysts on Aug. 24.
Shilpa Medicare: To meet investors and analysts on Aug. 24.
Persistent Systems: To meet investors and analysts on Aug. 24.
Aptus Value Housing Finance India: To meet investors and analysts on Aug. 24.
PI Industries: To meet investors and analysts on Aug. 24 and Aug. 26.
Marksans Pharma: To meet investors and analysts on Aug. 24.
Jindal Stainless: To meet investors and analysts on Aug. 24 and August 25.
Aarti Drugs: To meet investors and analysts on Aug. 24.
Insider Trades
LG Balakrishnan & Bros: Promoter Nithin Karivardhan sold 2,017 shares on August 22.
Vaibhav Global: Promoter Group Brett Enterprises bought 4,000 shares on August 22.
Nuvoco Vistas Corporation: Promoter Group Niyogi Enterprise bought 55,000 shares between August 18 and August 19
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• Billionaire Adani to Buy NDTV for Foothold in India Media Space
o Group make an open offer for 26% more at INR294/share
• Indian Refiners’ Run Rates Come Off Recent Highs as Demand Eases
• SpiceJet Says It’s Open to External Investors as Funds Dwindle
• Adani’s Empire Is ‘Deeply Overleveraged,’ CreditSights Warns (3)
o Aggressive expansion putting pressure on credit, cash flow
• Congo Bans Telecom Executives’ Travel in Row Over New Tax (1)
• India Inflation to Ease to 4% in 2 Years After Peaking, Das Says
o Long term bond yields reflect inflation is getting anchored
• Moody’s Places Azure Power India SPVs Under Review for Downgrade
• Global Funds Buy Net INR5.63B of Indian Stocks on Tuesday: NSE
o Domestic funds sell net 2.15b rupees of stocks
• Adani Group Chairman Gautam Adani met Power Minister R.K. Singh, various power sector related issues were discussed: ET Now
• Govt plans to auction 17 non-operational mines surrendered by PSUs: PTI
• Adani Enterprises (ADE): SaysUnit AMG Media Indirectly Takes 29.2% in NDTV, Launches Open Offer
• Chennai Petroleum (MRL): Approves Joint Venture with Indian Oil for $4B Refinery project at Cauvery Basin Refinery for 315.8b rupees
• Hindalco Industries (HNDL): Plans $8 Billion Capex Over 5 Years, Including Novelis
By: via @AlliesFin Serve Stock Market
o Group make an open offer for 26% more at INR294/share
• Indian Refiners’ Run Rates Come Off Recent Highs as Demand Eases
• SpiceJet Says It’s Open to External Investors as Funds Dwindle
• Adani’s Empire Is ‘Deeply Overleveraged,’ CreditSights Warns (3)
o Aggressive expansion putting pressure on credit, cash flow
• Congo Bans Telecom Executives’ Travel in Row Over New Tax (1)
• India Inflation to Ease to 4% in 2 Years After Peaking, Das Says
o Long term bond yields reflect inflation is getting anchored
• Moody’s Places Azure Power India SPVs Under Review for Downgrade
• Global Funds Buy Net INR5.63B of Indian Stocks on Tuesday: NSE
o Domestic funds sell net 2.15b rupees of stocks
• Adani Group Chairman Gautam Adani met Power Minister R.K. Singh, various power sector related issues were discussed: ET Now
• Govt plans to auction 17 non-operational mines surrendered by PSUs: PTI
• Adani Enterprises (ADE): SaysUnit AMG Media Indirectly Takes 29.2% in NDTV, Launches Open Offer
• Chennai Petroleum (MRL): Approves Joint Venture with Indian Oil for $4B Refinery project at Cauvery Basin Refinery for 315.8b rupees
• Hindalco Industries (HNDL): Plans $8 Billion Capex Over 5 Years, Including Novelis
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*SGX Nifty -72 pts (17570) from last trade 17642 ,*
Nikkei -44 pts ,
Hangseng +39 pts ,
Now @6.54am .
Dow -154.02 pts ,Nsdq -0.27 pts, S&P
-9.26 pts, Bovespa +2356 pts , Ftse -45 pts , Dax -36 pts , Cac -16 pts , Crude @ $93.61 brl (-0.13), Brent @ $100.04 brl (-0.11) , Gold @ 1758.50 (-2.70), Silver @ $18.945 (-0.08), Euro @ $0.9946, JPY @ $136.86, INR @ 79.845
*Today's Corporate Action*
*24th Aug Ex Date*
DHUNTEAIND
Final Dividend - Rs. - 4.0000
HEG
Final Dividend - Rs. - 40.0000
KANORICHEM
Dividend - Rs. - 1.0000
PREMCO
Interim
Dividend
SUPER
Final Dividend - Rs. - 10.0000
WEPSOLN
Final Dividend - Rs. - 0.5000
*Today's Key Results/Board Meetings*
*24-Aug-22*
Sonata Software: Officials of the company will meet IDBI Capital Markets & Securities.
UltraTech Cement: Officials of the company will meet TT International, Aberdeen PLC, Schroder Investment Management UK.
Sobha: Officials of the company will meet Jefferies.
Mahindra Holidays & Resorts India: Officials of the company will meet IIFL.
Blue Star: Officials of the company will meet IIFL Securities.
Orient Electric, Carborundum Universal: Officials of companies will attend DAM Capital: Virtual MidCap Investor Conference 2022.
Nazara Technologies, Aptus Value Housing Finance India, Inox Leisure, Zee Entertainment Enterprises, Polycab India, CSB Bank, PSP Projects: Officials of companies will attend DART India Annual Conference 2022 "The Challenge of Change".
PI Industries: Officials of the company will meet M&G, Singapore, and Franklin Templeton MF.
Advanced Enzyme Technologies: Officials of the company will meet Eternity Capital.
Asian Paints: Officials of the company will meet J P Morgan Asset Management.
Lemon Tree Hotels: Officials of the company will be participating in the corporate roadshow in Singapore organized by Motilal Oswal Securities.
Wipro: Officials of the company will participate in HDFC Securities IT sector conference.
Supreme Industries: Officials of the company will meet Vaughan Nelson Investment Management.
Marksans Pharma: Officials of the company will meet several analysts including Discovery Capital, Enam Holding, Max Life Insurance, and Rare Enterprise.
Persistent Systems: Officials of the company will interact with Grandeur Peak Global.
*Stock under F&O ban on NSE*
*24-Aug-22*
None
By: via @AlliesFin Serve Stock Market
Nikkei -44 pts ,
Hangseng +39 pts ,
Now @6.54am .
Dow -154.02 pts ,Nsdq -0.27 pts, S&P
-9.26 pts, Bovespa +2356 pts , Ftse -45 pts , Dax -36 pts , Cac -16 pts , Crude @ $93.61 brl (-0.13), Brent @ $100.04 brl (-0.11) , Gold @ 1758.50 (-2.70), Silver @ $18.945 (-0.08), Euro @ $0.9946, JPY @ $136.86, INR @ 79.845
*Today's Corporate Action*
*24th Aug Ex Date*
DHUNTEAIND
Final Dividend - Rs. - 4.0000
HEG
Final Dividend - Rs. - 40.0000
KANORICHEM
Dividend - Rs. - 1.0000
PREMCO
Interim
Dividend
SUPER
Final Dividend - Rs. - 10.0000
WEPSOLN
Final Dividend - Rs. - 0.5000
*Today's Key Results/Board Meetings*
*24-Aug-22*
Sonata Software: Officials of the company will meet IDBI Capital Markets & Securities.
UltraTech Cement: Officials of the company will meet TT International, Aberdeen PLC, Schroder Investment Management UK.
Sobha: Officials of the company will meet Jefferies.
Mahindra Holidays & Resorts India: Officials of the company will meet IIFL.
Blue Star: Officials of the company will meet IIFL Securities.
Orient Electric, Carborundum Universal: Officials of companies will attend DAM Capital: Virtual MidCap Investor Conference 2022.
Nazara Technologies, Aptus Value Housing Finance India, Inox Leisure, Zee Entertainment Enterprises, Polycab India, CSB Bank, PSP Projects: Officials of companies will attend DART India Annual Conference 2022 "The Challenge of Change".
PI Industries: Officials of the company will meet M&G, Singapore, and Franklin Templeton MF.
Advanced Enzyme Technologies: Officials of the company will meet Eternity Capital.
Asian Paints: Officials of the company will meet J P Morgan Asset Management.
Lemon Tree Hotels: Officials of the company will be participating in the corporate roadshow in Singapore organized by Motilal Oswal Securities.
Wipro: Officials of the company will participate in HDFC Securities IT sector conference.
Supreme Industries: Officials of the company will meet Vaughan Nelson Investment Management.
Marksans Pharma: Officials of the company will meet several analysts including Discovery Capital, Enam Holding, Max Life Insurance, and Rare Enterprise.
Persistent Systems: Officials of the company will interact with Grandeur Peak Global.
*Stock under F&O ban on NSE*
*24-Aug-22*
None
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Namaste !!
Stock Market valo k 2 Major Sawal,
Q Market mein Kya news Hai ?
A Join https://telegram.me/AlliesFin
Q Market mein Kya Kar ne ka ?
A Join https://telegram.me/A1GuruKulam
Connect us with Your Sawal and let's help you with Reasonable Answers
Write us
https://wa.me/919869958999
Jai Ho
By: via @AlliesFin Serve Stock Market
Stock Market valo k 2 Major Sawal,
Q Market mein Kya news Hai ?
A Join https://telegram.me/AlliesFin
Q Market mein Kya Kar ne ka ?
A Join https://telegram.me/A1GuruKulam
Connect us with Your Sawal and let's help you with Reasonable Answers
Write us
https://wa.me/919869958999
Jai Ho
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
LG BALAKRISHNAN: PROMOTER NITIN KARIVARDHAN SOLD 0.03 % STAKE VIA OPEN MARKET ON 17 AUG
UTTAM SUGARS : PROMOTER GROUP UTTAM SUCROTECH SOLD 0.05 % STAKE VIA OPEN MARKET BETWEEN 17-19 AUG
STERLING & WILSONS: Co.wins order worth ₹ 2,200 Cr
Company has emerged as the L-1 bidder for the BOS package comprising 4 blocks of the proposed solar PV plant of NTPC Renewable Energy Limited at Khavda RE Power Park, Rann of Kutch, Gujarat with an aggregate capacity of ₹ 1570 MW DC.
The total bid value, including O&M for 3 years would be ₹ 2,200 Crore
AUTO : Govt has allowed retrofitment of cng and Lpg Kits in Petrol and diesel that are compliant with BS-VI emission Norn. As Now such , modifications are permissible only in vehicles that are complant with BS-IV Emission Norm.
*SAUDI MINISTER SAYS OIL FUTURES 'DISCONNECT' MAY FORCE OPEC+ ACTION
*OPEC+ MAY NEED TO TIGHTEN OUTPUT TO STABILIZE MKT: SAUDI MIN
#BrokerageRadar | JP Morgan on I.T. Sector: Downgrade Infosys, Tech Mahindra, Mphasis, Persistent Systems to Neutral, given the recent price action
#BrokerageRadar | CLSA on Eicher Motors: Maintain Buy; Strong replacement demand set to support Royal Enfield's volume growth
Tata Power Renewable Microgrid and SIDBI collaborate to set up 1,000 green energy enterprises nationwide to support rural entrepreneurs
BPCL: Co Says Shri Sukhmal Kumar Jain Has Taken Over The Charge Of Director (Marketing) W.E.F Aug 22
Axis AMC's unique bouquet of WhatsApp services offers 27 key facilities
IRCTC: The Second Ramayana Yatra Train Which Was To Run On 24th August Has Now Been Cancelled Due To Less Number Of Passengers; This Was The Second Train Of The Ramayana Series Under Bharat Gaurav
New Delhi Television: Co Says Radhika And Prannoy Roy Not In Discussions For Change In Ownership Or Divestment Of Stake In NDTV
Somany Ceramics opens its biggest Arcade store in Amroha - Uttar Pradesh
HDFC ERGO launches country's first Electric Vehicles Ecosystem - 'All Things EV'
Bank of India and IREDA Join Hands in Green Finance
Greenply Industries Ltd enters into PPA and SHA for hybrid power
Greenply Industries Ltd to invest in Renew Green Energy Solutions Pvt Ltd
NTPC declares commercial operation of 10MW out of 20MW Gandhar Solar PV Project
Lemon Tree Hotels signs a new hotel in Hubli, Karnataka
Mars Medical Devices Ltd increases stake in Shalby Global Technologies Pte Ltd
TVS Electronics Ltd to acquire GTID Solutions Development Pvt Ltd
Power Mech Projects Ltd board to consider preferential issue
RBL Bank: Co To Issue Debt Securities On Private Placement Basis From Time To Time Up To 30b Rupees
Himadri Speciality Chemical Ltd allots 7,25,50,000 warrants
By: via @AlliesFin Serve Stock Market
UTTAM SUGARS : PROMOTER GROUP UTTAM SUCROTECH SOLD 0.05 % STAKE VIA OPEN MARKET BETWEEN 17-19 AUG
STERLING & WILSONS: Co.wins order worth ₹ 2,200 Cr
Company has emerged as the L-1 bidder for the BOS package comprising 4 blocks of the proposed solar PV plant of NTPC Renewable Energy Limited at Khavda RE Power Park, Rann of Kutch, Gujarat with an aggregate capacity of ₹ 1570 MW DC.
The total bid value, including O&M for 3 years would be ₹ 2,200 Crore
AUTO : Govt has allowed retrofitment of cng and Lpg Kits in Petrol and diesel that are compliant with BS-VI emission Norn. As Now such , modifications are permissible only in vehicles that are complant with BS-IV Emission Norm.
*SAUDI MINISTER SAYS OIL FUTURES 'DISCONNECT' MAY FORCE OPEC+ ACTION
*OPEC+ MAY NEED TO TIGHTEN OUTPUT TO STABILIZE MKT: SAUDI MIN
#BrokerageRadar | JP Morgan on I.T. Sector: Downgrade Infosys, Tech Mahindra, Mphasis, Persistent Systems to Neutral, given the recent price action
#BrokerageRadar | CLSA on Eicher Motors: Maintain Buy; Strong replacement demand set to support Royal Enfield's volume growth
Tata Power Renewable Microgrid and SIDBI collaborate to set up 1,000 green energy enterprises nationwide to support rural entrepreneurs
BPCL: Co Says Shri Sukhmal Kumar Jain Has Taken Over The Charge Of Director (Marketing) W.E.F Aug 22
Axis AMC's unique bouquet of WhatsApp services offers 27 key facilities
IRCTC: The Second Ramayana Yatra Train Which Was To Run On 24th August Has Now Been Cancelled Due To Less Number Of Passengers; This Was The Second Train Of The Ramayana Series Under Bharat Gaurav
New Delhi Television: Co Says Radhika And Prannoy Roy Not In Discussions For Change In Ownership Or Divestment Of Stake In NDTV
Somany Ceramics opens its biggest Arcade store in Amroha - Uttar Pradesh
HDFC ERGO launches country's first Electric Vehicles Ecosystem - 'All Things EV'
Bank of India and IREDA Join Hands in Green Finance
Greenply Industries Ltd enters into PPA and SHA for hybrid power
Greenply Industries Ltd to invest in Renew Green Energy Solutions Pvt Ltd
NTPC declares commercial operation of 10MW out of 20MW Gandhar Solar PV Project
Lemon Tree Hotels signs a new hotel in Hubli, Karnataka
Mars Medical Devices Ltd increases stake in Shalby Global Technologies Pte Ltd
TVS Electronics Ltd to acquire GTID Solutions Development Pvt Ltd
Power Mech Projects Ltd board to consider preferential issue
RBL Bank: Co To Issue Debt Securities On Private Placement Basis From Time To Time Up To 30b Rupees
Himadri Speciality Chemical Ltd allots 7,25,50,000 warrants
By: via @AlliesFin Serve Stock Market
Tuesday 23 August 2022
@AlliesFin Serve Stock Market's Post
*Mkt. Updates:*
*SGX Nifty -60 pts (17439) from last trade 17499 ,*
Nikkei -324 pts ,
Hangseng -13 pts ,
Now @6.52am .
Dow -643.13 pts ,Nsdq -323.64 pts, S&P
-90.49 pts, Bovespa -995 pts , Ftse -16 pts , Dax -313 pts , Cac -117 pts , Crude @ $90.23 brl (-0.00), Brent @ $96.48 brl (-0.00) , Gold @ 1748.70 (+0.30), Silver @ $18.835 (-0.04), Euro @ $0.9938, JPY @ $137.55, INR @ 79.855
*US GOVT. 10-YEAR YIELD : 3.03%*
*Today's Corporate Action, 23 Aug Ex Date :*
NR Retail Ltd
Right Issue of Equity Shares
JK PAPER LTD
Final Dividend - Rs. - 5.5000
Jubilant Ingrevia Ltd
Final Dividend - Rs. - 2.5000
Shyam Century Ferrous Ltd
Interim Dividend - Rs. - 0.3000
SUN TV NETWORK LTD.
Interim Dividend - Rs. - 5.0000
*Today's Key Results/Board Meetings, 23-Aug-22 :*
Can Fin Homes: Officials of the company will attend ICICI Securities 'Bengaluru Corporate Day'.
IIFL Finance: Officials of the company will meet Mirae Asset.
Zydus Wellness, Aarti Industries: Officials of companies will attend DART India Annual Conference 2022 "The Challenge of Change".
Lemon Tree Hotels: Officials of the company will be participating in the corporate roadshow in Singapore organized by Motilal Oswal Securities.
HealthCare Global Enterprises: Officials of the company will meet investors and analysts.
Aptus Value Housing Finance India: Officials of the company will meet Uluwatu Capital.
Infibeam Avenues: Officials of the company will meet Locus Investment Group.
CMS Info Systems, RateGain Travel Technologies, PVR: Officials of companies will attend DAM Capital: Virtual MidCap Investor Conference 2022.
Tata Consumer Products: Officials of the company will be participating in ICICI Securities Bengaluru Conference.
Supreme Industries: Officials of the company will meet several investors and fund houses.
Metro Brands: Officials of the company will meet ICICI Prudential Life.
Cera Sanitaryware: Officials of the company will meet Yes Securities Conference.
*SEC. IN F&O BAN FOR, 23 AUG, 2022 :*
*1. TATA CHEM*
*ADDITION : NIL*
*DELETION : DELTACORP, BALRAMCHIN*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 68 Billion*
By: via @AlliesFin Serve Stock Market
*SGX Nifty -60 pts (17439) from last trade 17499 ,*
Nikkei -324 pts ,
Hangseng -13 pts ,
Now @6.52am .
Dow -643.13 pts ,Nsdq -323.64 pts, S&P
-90.49 pts, Bovespa -995 pts , Ftse -16 pts , Dax -313 pts , Cac -117 pts , Crude @ $90.23 brl (-0.00), Brent @ $96.48 brl (-0.00) , Gold @ 1748.70 (+0.30), Silver @ $18.835 (-0.04), Euro @ $0.9938, JPY @ $137.55, INR @ 79.855
*US GOVT. 10-YEAR YIELD : 3.03%*
*Today's Corporate Action, 23 Aug Ex Date :*
NR Retail Ltd
Right Issue of Equity Shares
JK PAPER LTD
Final Dividend - Rs. - 5.5000
Jubilant Ingrevia Ltd
Final Dividend - Rs. - 2.5000
Shyam Century Ferrous Ltd
Interim Dividend - Rs. - 0.3000
SUN TV NETWORK LTD.
Interim Dividend - Rs. - 5.0000
*Today's Key Results/Board Meetings, 23-Aug-22 :*
Can Fin Homes: Officials of the company will attend ICICI Securities 'Bengaluru Corporate Day'.
IIFL Finance: Officials of the company will meet Mirae Asset.
Zydus Wellness, Aarti Industries: Officials of companies will attend DART India Annual Conference 2022 "The Challenge of Change".
Lemon Tree Hotels: Officials of the company will be participating in the corporate roadshow in Singapore organized by Motilal Oswal Securities.
HealthCare Global Enterprises: Officials of the company will meet investors and analysts.
Aptus Value Housing Finance India: Officials of the company will meet Uluwatu Capital.
Infibeam Avenues: Officials of the company will meet Locus Investment Group.
CMS Info Systems, RateGain Travel Technologies, PVR: Officials of companies will attend DAM Capital: Virtual MidCap Investor Conference 2022.
Tata Consumer Products: Officials of the company will be participating in ICICI Securities Bengaluru Conference.
Supreme Industries: Officials of the company will meet several investors and fund houses.
Metro Brands: Officials of the company will meet ICICI Prudential Life.
Cera Sanitaryware: Officials of the company will meet Yes Securities Conference.
*SEC. IN F&O BAN FOR, 23 AUG, 2022 :*
*1. TATA CHEM*
*ADDITION : NIL*
*DELETION : DELTACORP, BALRAMCHIN*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 68 Billion*
By: via @AlliesFin Serve Stock Market
Monday 22 August 2022
@AlliesFin Serve Stock Market's Post
*Trading Tweaks*
*List of securities shortlisted in ASM Framework w.e.f. August 23, 2022*
1. Anka India Ltd
2. Binny Mills Ltd
3. Eros International Media Ltd
4. Hiliks Technologies Ltd
5. Ras Resorts & Apart Hotels Ltd
6. Samor Reality Ltd
7. Valson Industries Ltd
8. VXL Instruments Ltd
*List of securities which shall continue in ASM framework but shall be moved to respective higher Stage ASM w.e.f. August 23, 2022*
1. Imagicaaworld Entertainment Ltd*
2. Wherrelz IT Solutions Ltd
*As per notice no.20210604-41 -- List of securities shortlisted in Direct stage IV "ASM Framework" w.e.f. August 23, 2022*
1. Adani Power Ltd*
*List of securities shortlisted in Short Term 5/15/30 Days ASM Framework w.e.f. August 23, 2022*
1. Aarnav Fashions Ltd
2. Archit Organosys Ltd
3. Century Extrusions Ltd*
4. HB Stockholdings Ltd*
5. Pearl Global Industries Ltd*
6. Power Mech Projects Ltd*
7. Pradhin Ltd
8. Quest Softech (India) Ltd
9. Ritco Logistics Ltd*
*List of securities which shall continue in Short Term 5/15 Days ASM framework but shall be moved to respective lower Stage ASM w.e.f. August 23, 2022*
1. Swasti Vinayaka Art And Heritage Corporation Ltd
*List of securities moving out of Short Term ASM Framework w.e.f. August 23, 2022*
1. Cyber Media India Ltd
2. Ddev Plastiks Industries Ltd
3. Duke Offshore Ltd
4. Goenka Business & Finance Ltd
5. Hubtown Ltd
6. Madhusudan Securities Ltd
7. Morarka Finance Ltd
8. Norris Medicines Ltd
9. Optimus Finance Ltd
10. Shree Vatsaa Finance & leasing Ltd
11. VXL Instruments Ltd*
12. We Win Ltd
13. Yarn Syndicate Ltd
*Graded Surveillance Measure (GSM) - List of securities moving into their respective GSM Stages with effect from August 23, 2022*
1. Jamshri Realty Ltd - Moved to GSM Stage 1
2. VBC Ferro Alloys Ltd - Moved to GSM Stage 1
3. 7Seas Entertainment Ltd - Moved to GSM Stage 2
4. Vintage Securities Ltd - Moved to GSM Stage 2
5. Stellant Securities (India) Ltd - Moved to GSM Stage 2
6. Williamson Magor & Company Ltd - Moved to GSM Stage 3
7. Unique Organics Ltd - Moved to GSM Stage 4
*CHANGE IN PRICE BAND with effect from August 23, 2022*
1. Aarnav Fashions Ltd - 10%
2. Ruby Mills Ltd - 10%
3. Rama Vision Ltd - 10%
4. Archit Organosys Ltd - 10%
5. Indo Amines Ltd - 10%
6. Yashraj Containeurs Ltd - 5%
7. Mega Corporation Ltd - 5%
8. Waaree Technologies Ltd - 5%
9. Forbes & Company Ltd - 5%
10. Transwarranty Finance Ltd - 5%
By: via @AlliesFin Serve Stock Market
*List of securities shortlisted in ASM Framework w.e.f. August 23, 2022*
1. Anka India Ltd
2. Binny Mills Ltd
3. Eros International Media Ltd
4. Hiliks Technologies Ltd
5. Ras Resorts & Apart Hotels Ltd
6. Samor Reality Ltd
7. Valson Industries Ltd
8. VXL Instruments Ltd
*List of securities which shall continue in ASM framework but shall be moved to respective higher Stage ASM w.e.f. August 23, 2022*
1. Imagicaaworld Entertainment Ltd*
2. Wherrelz IT Solutions Ltd
*As per notice no.20210604-41 -- List of securities shortlisted in Direct stage IV "ASM Framework" w.e.f. August 23, 2022*
1. Adani Power Ltd*
*List of securities shortlisted in Short Term 5/15/30 Days ASM Framework w.e.f. August 23, 2022*
1. Aarnav Fashions Ltd
2. Archit Organosys Ltd
3. Century Extrusions Ltd*
4. HB Stockholdings Ltd*
5. Pearl Global Industries Ltd*
6. Power Mech Projects Ltd*
7. Pradhin Ltd
8. Quest Softech (India) Ltd
9. Ritco Logistics Ltd*
*List of securities which shall continue in Short Term 5/15 Days ASM framework but shall be moved to respective lower Stage ASM w.e.f. August 23, 2022*
1. Swasti Vinayaka Art And Heritage Corporation Ltd
*List of securities moving out of Short Term ASM Framework w.e.f. August 23, 2022*
1. Cyber Media India Ltd
2. Ddev Plastiks Industries Ltd
3. Duke Offshore Ltd
4. Goenka Business & Finance Ltd
5. Hubtown Ltd
6. Madhusudan Securities Ltd
7. Morarka Finance Ltd
8. Norris Medicines Ltd
9. Optimus Finance Ltd
10. Shree Vatsaa Finance & leasing Ltd
11. VXL Instruments Ltd*
12. We Win Ltd
13. Yarn Syndicate Ltd
*Graded Surveillance Measure (GSM) - List of securities moving into their respective GSM Stages with effect from August 23, 2022*
1. Jamshri Realty Ltd - Moved to GSM Stage 1
2. VBC Ferro Alloys Ltd - Moved to GSM Stage 1
3. 7Seas Entertainment Ltd - Moved to GSM Stage 2
4. Vintage Securities Ltd - Moved to GSM Stage 2
5. Stellant Securities (India) Ltd - Moved to GSM Stage 2
6. Williamson Magor & Company Ltd - Moved to GSM Stage 3
7. Unique Organics Ltd - Moved to GSM Stage 4
*CHANGE IN PRICE BAND with effect from August 23, 2022*
1. Aarnav Fashions Ltd - 10%
2. Ruby Mills Ltd - 10%
3. Rama Vision Ltd - 10%
4. Archit Organosys Ltd - 10%
5. Indo Amines Ltd - 10%
6. Yashraj Containeurs Ltd - 5%
7. Mega Corporation Ltd - 5%
8. Waaree Technologies Ltd - 5%
9. Forbes & Company Ltd - 5%
10. Transwarranty Finance Ltd - 5%
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 22-08-2022 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3320*
*INDEX FUT. : +542*
*INDEX OPT. : +2992*
*STOCK FUT. : -213*
*STOCK OPT. : -01*
*SEC. IN F&O BAN FOR, 23 AUG, 2022 :*
*1. TATA CHEM*
*ADDITION : NIL*
*DELETION : DELTACORP, BALRAMCHIN*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 22-AUG-22 : (Rs. CRS )*
*FIIS : SELL -454 (6,625-7079)*
*DIIS : SELL -85 (6,533-6,618)*
*BSE SENSEX : -872 (58,774)*
*NSE NIFTY : -267 (17,491)*
*BSE MIDCAP. : -448 (24,517)*
*BSE SMLCAP. : -330 (27,845)*
*B. CRUDE : $ 93.12*
*GOLD: $1733=INR 51,100(10gr)*
*SILVER :* *RS. 55,440 (kg) (5pm) *
*FOREX : RS. : $ 79.8675*
*6.54% GOI '32 : 7.2702% (95.08)*
*7.26%NEW GOI '32: 7.2585%(100.01)*
*7.54% GOI '36 : 7.4586% (100.6750)*
By: via @AlliesFin Serve Stock Market
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +3320*
*INDEX FUT. : +542*
*INDEX OPT. : +2992*
*STOCK FUT. : -213*
*STOCK OPT. : -01*
*SEC. IN F&O BAN FOR, 23 AUG, 2022 :*
*1. TATA CHEM*
*ADDITION : NIL*
*DELETION : DELTACORP, BALRAMCHIN*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 22-AUG-22 : (Rs. CRS )*
*FIIS : SELL -454 (6,625-7079)*
*DIIS : SELL -85 (6,533-6,618)*
*BSE SENSEX : -872 (58,774)*
*NSE NIFTY : -267 (17,491)*
*BSE MIDCAP. : -448 (24,517)*
*BSE SMLCAP. : -330 (27,845)*
*B. CRUDE : $ 93.12*
*GOLD: $1733=INR 51,100(10gr)*
*SILVER :* *RS. 55,440 (kg) (5pm) *
*FOREX : RS. : $ 79.8675*
*6.54% GOI '32 : 7.2702% (95.08)*
*7.26%NEW GOI '32: 7.2585%(100.01)*
*7.54% GOI '36 : 7.4586% (100.6750)*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
RARE Enterprise portfolio handed over to Kalpraj Dharamshi. He is one of the trustee.
Others are R K Damani, Amal Parikh.
By: via @AlliesFin Serve Stock Market
Others are R K Damani, Amal Parikh.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Namaste !!
• India Rate Panel Warns of Considerable Uncertainty on Inflation
• Indian Banks GNPA Ratio Falls to 5.7% in June Qtr: Fin Min
• India May Import Wheat in Blow to Modi’s Goal to Feed World
• Adani Group Makes $3.9 Billion Open Offer for Two Cement Makers
o Received SEBI approval for an open offer for Ambuja, ACC
• Adani to Buy Coal Power Plant in Central India for $880 Million
• India’s FX Reserves Fall $2.24B to $570.7b in Week to Aug. 12
o India Official Reserves Drop to Lowest Since Nov. 2020
• Indian Stocks Drop With Region, Still Rise for 5th-Straight Week
• Global Funds Buy Net INR11.1B of Indian Stocks on Aug. 19: NSE
o Domestic funds sell net 16.3b rupees of stocks
• RBI Minutes Suggest Terminal Rate is Higher, But Not Too High
• EU’s Ban of Russian Coal May Be Nightmare for Indonesian Miners
• Central Bank of India likely to exit RBI PCA framework soon: PTI
• India in advanced stage of talks with US for MQ-9B drones: PTI
• L&T to work across green energy value chain; to pump in $2.5b in 3-4 yrs: PTI
• Xi, Modi may have a bilateral meeting at Shanghai Cooperation Summit: ToI
• ACC (ACC): Adani Group’s Open Offer for ACC to Run From Aug. 26- Sept. 9
• Adani Enterprises (ADE): Adani Group Makes $3.9 Billion Open Offer for Two Cement Makers
• Ambuja Cements (ACEM): Open Offer to Run From Aug. 26-Sept. 9, Issue Manager Announces Dates in Filing
• Computer Age (CAMS): Great Terrain Investment sold 1.86m shares in CAMS: BSE
• Hindalco (HNDL): EU Approves Alvance Aluminium Duffel/Aip Deal
• IIFL Finance (IIFL): CDC Group sold 13.5m shares of IIFL; Morgan Stanley Asia Singapore buys 3.5m: NSE
• JSW Steel (JSTL): In JV with Nationalsteel Holding to Set up Scrap Shredding Facilities in India
• One 97 Communications (PAYTM): Says 99.67% of shareholders voted for Sharma’s re- appointment as CEO at AGM
• State Bank of India (SBIN): Sold KSK Loans to Aditya Birla ARC for INR 16.2B
By: via @AlliesFin Serve Stock Market
• India Rate Panel Warns of Considerable Uncertainty on Inflation
• Indian Banks GNPA Ratio Falls to 5.7% in June Qtr: Fin Min
• India May Import Wheat in Blow to Modi’s Goal to Feed World
• Adani Group Makes $3.9 Billion Open Offer for Two Cement Makers
o Received SEBI approval for an open offer for Ambuja, ACC
• Adani to Buy Coal Power Plant in Central India for $880 Million
• India’s FX Reserves Fall $2.24B to $570.7b in Week to Aug. 12
o India Official Reserves Drop to Lowest Since Nov. 2020
• Indian Stocks Drop With Region, Still Rise for 5th-Straight Week
• Global Funds Buy Net INR11.1B of Indian Stocks on Aug. 19: NSE
o Domestic funds sell net 16.3b rupees of stocks
• RBI Minutes Suggest Terminal Rate is Higher, But Not Too High
• EU’s Ban of Russian Coal May Be Nightmare for Indonesian Miners
• Central Bank of India likely to exit RBI PCA framework soon: PTI
• India in advanced stage of talks with US for MQ-9B drones: PTI
• L&T to work across green energy value chain; to pump in $2.5b in 3-4 yrs: PTI
• Xi, Modi may have a bilateral meeting at Shanghai Cooperation Summit: ToI
• ACC (ACC): Adani Group’s Open Offer for ACC to Run From Aug. 26- Sept. 9
• Adani Enterprises (ADE): Adani Group Makes $3.9 Billion Open Offer for Two Cement Makers
• Ambuja Cements (ACEM): Open Offer to Run From Aug. 26-Sept. 9, Issue Manager Announces Dates in Filing
• Computer Age (CAMS): Great Terrain Investment sold 1.86m shares in CAMS: BSE
• Hindalco (HNDL): EU Approves Alvance Aluminium Duffel/Aip Deal
• IIFL Finance (IIFL): CDC Group sold 13.5m shares of IIFL; Morgan Stanley Asia Singapore buys 3.5m: NSE
• JSW Steel (JSTL): In JV with Nationalsteel Holding to Set up Scrap Shredding Facilities in India
• One 97 Communications (PAYTM): Says 99.67% of shareholders voted for Sharma’s re- appointment as CEO at AGM
• State Bank of India (SBIN): Sold KSK Loans to Aditya Birla ARC for INR 16.2B
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Mkt. Updates :
SGX Nifty -70 pts (17662) from last trade 17732 ,
Nikkei -205 pts ,
Hangseng -201 pts ,
Now @ 6.52am .
Dow -292.30 pts ,Nsdq -260.13 pts, S&P
-55.26 pts, Bovespa -2316 pts , Ftse +8 pts , Dax -152 pts , Cac -61 pts , Crude @ $89.65 brl (-1.12), Brent @ $95.66 brl (-1.06) , Gold @ 1759.70 (-3.20), Silver @ $18.93 (-0.13), Euro @ $1.0026, JPY @ $137.18, INR @ 79.925
US GOVT. 10-YEAR YIELD : 2.99%
Today's Corporate Action, 22 Aug Ex Date :
COMPUAGE
Final Dividend - Rs. - 0.2000
CRAVATEX
Final Dividend - Rs. - 3.0000
DHUNINV
Dividend - Rs. - 2.5000
DSSL
Interim Dividend
HINDPETRO
Final Dividend - Rs. - 14.0000
NH
Final Dividend - Rs. - 1.0000
STLTECH
Final Dividend - Rs. - 0.5000
TIDEWATER
Interim Dividend
WARDINMOBI
Final Dividend - Rs. - 0.0750
*Today's Key Results/Board Meetings, 22-Aug-22 :*
Wipro: Officials of the company will meet investors and analysts in a non-deal road show in Mumbai.
Eicher Motors: Officials of the company will meet Optimas Capital.
Mahindra Lifespace Developers: Officials of the company will attend a Nirmal Bang conference.
Can Fin Homes: Officials of the company will meet Goldman Sachs India Fund.
Greenply Industries, Prince Pipes & Fittings: Officials of the companies will attend a Housing Ecosystem Conference organised by Yes Securities (India).
Asian Paints: Officials of the company will meet Arisaig Partners and also participate in Edelweiss Virtual Road Show.
Lemon Tree Hotels: Officials of the company will participate in the corporate roadshow in Singapore organised by Motilal Oswal Securities.
UltraTech Cement: Officials of the company will meet Capital International.
*SEC. IN F&O BAN FOR, 22 AUG, 2022 :*
*1. DELTACORP 2. BALRAMCHIN 3. TATA CHEM*
*ADDITION : TATACHEM*
*DELETION : NIL*
By: via @AlliesFin Serve Stock Market
SGX Nifty -70 pts (17662) from last trade 17732 ,
Nikkei -205 pts ,
Hangseng -201 pts ,
Now @ 6.52am .
Dow -292.30 pts ,Nsdq -260.13 pts, S&P
-55.26 pts, Bovespa -2316 pts , Ftse +8 pts , Dax -152 pts , Cac -61 pts , Crude @ $89.65 brl (-1.12), Brent @ $95.66 brl (-1.06) , Gold @ 1759.70 (-3.20), Silver @ $18.93 (-0.13), Euro @ $1.0026, JPY @ $137.18, INR @ 79.925
US GOVT. 10-YEAR YIELD : 2.99%
Today's Corporate Action, 22 Aug Ex Date :
COMPUAGE
Final Dividend - Rs. - 0.2000
CRAVATEX
Final Dividend - Rs. - 3.0000
DHUNINV
Dividend - Rs. - 2.5000
DSSL
Interim Dividend
HINDPETRO
Final Dividend - Rs. - 14.0000
NH
Final Dividend - Rs. - 1.0000
STLTECH
Final Dividend - Rs. - 0.5000
TIDEWATER
Interim Dividend
WARDINMOBI
Final Dividend - Rs. - 0.0750
*Today's Key Results/Board Meetings, 22-Aug-22 :*
Wipro: Officials of the company will meet investors and analysts in a non-deal road show in Mumbai.
Eicher Motors: Officials of the company will meet Optimas Capital.
Mahindra Lifespace Developers: Officials of the company will attend a Nirmal Bang conference.
Can Fin Homes: Officials of the company will meet Goldman Sachs India Fund.
Greenply Industries, Prince Pipes & Fittings: Officials of the companies will attend a Housing Ecosystem Conference organised by Yes Securities (India).
Asian Paints: Officials of the company will meet Arisaig Partners and also participate in Edelweiss Virtual Road Show.
Lemon Tree Hotels: Officials of the company will participate in the corporate roadshow in Singapore organised by Motilal Oswal Securities.
UltraTech Cement: Officials of the company will meet Capital International.
*SEC. IN F&O BAN FOR, 22 AUG, 2022 :*
*1. DELTACORP 2. BALRAMCHIN 3. TATA CHEM*
*ADDITION : TATACHEM*
*DELETION : NIL*
By: via @AlliesFin Serve Stock Market
Friday 19 August 2022
@AlliesFin Serve Stock Market's Post
#Adani in talks to acquire Trading View and increase the upper limit of RSI above 100.
By: via @AlliesFin Serve Stock Market
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Adani Power buys DB Power for Rs 7,200 crore
https://economictimes.indiatimes.com/industry/energy/power/adani-power-buys-db-power-for-rs-7200-crore/articleshow/93663786.cms
By: via @AlliesFin Serve Stock Market
https://economictimes.indiatimes.com/industry/energy/power/adani-power-buys-db-power-for-rs-7200-crore/articleshow/93663786.cms
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
As part of fortnightly revision in windfall tax on oil, govt announced following changes:
1) Hiked windfall tax on diesel export to Rs 7/litre or $14/bbl (from Rs 5/ltr or $10/bbl last fortnight); and levied tax of Rs 2/litre or $4/bbl on ATF exports (from NIL last fortnight) - this is due to rise in Diesel and ATF product cracks by $4-5/bbl in last fortnight
2) Govt cuts windfall profit tax on domestic crude output to Rs 13,000/ton or $22.4/bbl (from Rs 17,750/ton or $30.5/bbl last fortnight) - this is due to decline in crude price by $8-10/bbl in last fortnight
Above changes are mostly on expected lines - so largely neutral from ONGC and RIL perspective
By: via @AlliesFin Serve Stock Market
1) Hiked windfall tax on diesel export to Rs 7/litre or $14/bbl (from Rs 5/ltr or $10/bbl last fortnight); and levied tax of Rs 2/litre or $4/bbl on ATF exports (from NIL last fortnight) - this is due to rise in Diesel and ATF product cracks by $4-5/bbl in last fortnight
2) Govt cuts windfall profit tax on domestic crude output to Rs 13,000/ton or $22.4/bbl (from Rs 17,750/ton or $30.5/bbl last fortnight) - this is due to decline in crude price by $8-10/bbl in last fortnight
Above changes are mostly on expected lines - so largely neutral from ONGC and RIL perspective
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Namaste !!
•India’s Reserve Bank Says Policy Oriented Toward Cooling Prices
• India Bars Some States From Power Exchanges as Unpaid Bills Rise
o 13 provinces blocked from transacting on exchanges
• India Draft Port Bill Seeks to Replace Existing 1908 Act
• India CCI Approves Katsura Investments Buying Varmora Granito
o CCI approves acquisition of BPEA group by EQT AB
• India Cumulative Monsoon Rainfall 9% Above Normal as of Aug. 18
• India’s HDFC Invites More Lenders to Join $1.1b Social Loan
• India’s Sensex Advances for Fifth Day on Rally in Banks and L&T
• Emerging Economies 2Q GDP Forecast Steady; India Seen at 14.3%
• Global Funds Sell Net INR17.1B of India Stocks Thursday: NSE
o Domestic funds buy net 4.71b rupees of stocks
• India-China relationship going through ‘extremely difficult phase’: EAM Jaishankarjaishan: PTI
• Adani Total Gas (AYGL): Cuts prices of PNG, CNG effective Aug. 17
• Apollo Hospitals (APHS): Ion Beam, Apollo Proton Cancer Centre Sign Training Pact
• HDFC Asset Management Co (HDFCAMC): Says it’s stake in Max Healthcare (MAXHEALT) increases to 5.18%
• Indian Railway Catering (IRCTC): Seeks to Appoint Consultant for Monetizing Digital Assets
• JSW Steel (JSPL): CCI approved merger of CSSL and JSW Ispat with JSW Steel
• Metropolis Healthcare (METROHL): Says CEO Vijender Singh resigns, co. has begun process of finding a CEO
• Wipro (WPRO): Gets Multi-Year IT Services Contract from UK Treasury
By: via @AlliesFin Serve Stock Market
•India’s Reserve Bank Says Policy Oriented Toward Cooling Prices
• India Bars Some States From Power Exchanges as Unpaid Bills Rise
o 13 provinces blocked from transacting on exchanges
• India Draft Port Bill Seeks to Replace Existing 1908 Act
• India CCI Approves Katsura Investments Buying Varmora Granito
o CCI approves acquisition of BPEA group by EQT AB
• India Cumulative Monsoon Rainfall 9% Above Normal as of Aug. 18
• India’s HDFC Invites More Lenders to Join $1.1b Social Loan
• India’s Sensex Advances for Fifth Day on Rally in Banks and L&T
• Emerging Economies 2Q GDP Forecast Steady; India Seen at 14.3%
• Global Funds Sell Net INR17.1B of India Stocks Thursday: NSE
o Domestic funds buy net 4.71b rupees of stocks
• India-China relationship going through ‘extremely difficult phase’: EAM Jaishankarjaishan: PTI
• Adani Total Gas (AYGL): Cuts prices of PNG, CNG effective Aug. 17
• Apollo Hospitals (APHS): Ion Beam, Apollo Proton Cancer Centre Sign Training Pact
• HDFC Asset Management Co (HDFCAMC): Says it’s stake in Max Healthcare (MAXHEALT) increases to 5.18%
• Indian Railway Catering (IRCTC): Seeks to Appoint Consultant for Monetizing Digital Assets
• JSW Steel (JSPL): CCI approved merger of CSSL and JSW Ispat with JSW Steel
• Metropolis Healthcare (METROHL): Says CEO Vijender Singh resigns, co. has begun process of finding a CEO
• Wipro (WPRO): Gets Multi-Year IT Services Contract from UK Treasury
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Mkt. Updates :
SGX Nifty -41 pts (17960) from last trade 18001 ,
Nikkei +49 pts ,
Hangseng -107 pts ,
Now @ 6.52am .
Dow +18.72 pts ,Nsdq +27.22 pts, S&P
+9.70 pts, Bovespa +105 pts , Ftse +26 pts , Dax +70 pts , Cac +29 pts , Crude @ $90.65 brl (+0.15), Brent @ $96.74 brl (+0.15) , Gold @ 1768.90 (-2.30), Silver @ $19.405 (-0.05), Euro @ $1.0079, JPY @ $136.30, INR @ 79.755
US GOVT. 10-YEAR YIELD : 2.89%
Today's Corporate Action, 19 Aug Ex Date :
BPCLFinal Dividend - Rs. - 6.0000
GUJGASDividend - Rs. - 2.0000
HAL
Final Dividend - Rs. - 10.0000
MARKSANS*
Final Dividend - Rs. - 0.2500
ORIENTCQ
Final Dividend - Rs. - 7.0000
SUNPHARMA
Final Dividend - Rs. - 3.0000
TBZ
Final Dividend - Rs. - 1.0000
TIPSINDLTD
Final Dividend - Rs. - 2.0000
UCALFUEL
Dividend - Rs. - 2.0000
*Today's Key Results/Board Meetings, 19-Aug-22 :*
CG Power and Industrial Solutions: Officials of the company will meet Haitong Securities India.
Pidilite Industries, ONGC, Vijay Diagnostic Centre: Officials of the company will attend Edelweiss India Conference 2022 in Singapore.
Samvardhana Motherson International: Officials of the company will attend non-deal roadshows arranged by B&K Securities.
Timken India: Officials of the company will participate in IIFL Caravan in Bangalore.
Indigo Paints: Officials of the company will meet various investors/analysts in London which is organised by Kotak Securities.
MCX India: Officials of the company will meet JP Morgan Asset Management.
Hindware Home Innovation: Officials of the company will meet Sequent Investments.
Asian Paints: Officials of the company will meet Marcellus Investment Managers and participate in UBS India Virtual Consumer Corporate Day.
*SEC. IN F&O BAN FOR, 19 AUG, 2022 :*
*1. DELTACORP 2. BALRAMCHIN*
*ADDITION : NIL*
*DELETION : TATA CHEMICALS*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 330 Billion*
By: via @AlliesFin Serve Stock Market
SGX Nifty -41 pts (17960) from last trade 18001 ,
Nikkei +49 pts ,
Hangseng -107 pts ,
Now @ 6.52am .
Dow +18.72 pts ,Nsdq +27.22 pts, S&P
+9.70 pts, Bovespa +105 pts , Ftse +26 pts , Dax +70 pts , Cac +29 pts , Crude @ $90.65 brl (+0.15), Brent @ $96.74 brl (+0.15) , Gold @ 1768.90 (-2.30), Silver @ $19.405 (-0.05), Euro @ $1.0079, JPY @ $136.30, INR @ 79.755
US GOVT. 10-YEAR YIELD : 2.89%
Today's Corporate Action, 19 Aug Ex Date :
BPCLFinal Dividend - Rs. - 6.0000
GUJGASDividend - Rs. - 2.0000
HAL
Final Dividend - Rs. - 10.0000
MARKSANS*
Final Dividend - Rs. - 0.2500
ORIENTCQ
Final Dividend - Rs. - 7.0000
SUNPHARMA
Final Dividend - Rs. - 3.0000
TBZ
Final Dividend - Rs. - 1.0000
TIPSINDLTD
Final Dividend - Rs. - 2.0000
UCALFUEL
Dividend - Rs. - 2.0000
*Today's Key Results/Board Meetings, 19-Aug-22 :*
CG Power and Industrial Solutions: Officials of the company will meet Haitong Securities India.
Pidilite Industries, ONGC, Vijay Diagnostic Centre: Officials of the company will attend Edelweiss India Conference 2022 in Singapore.
Samvardhana Motherson International: Officials of the company will attend non-deal roadshows arranged by B&K Securities.
Timken India: Officials of the company will participate in IIFL Caravan in Bangalore.
Indigo Paints: Officials of the company will meet various investors/analysts in London which is organised by Kotak Securities.
MCX India: Officials of the company will meet JP Morgan Asset Management.
Hindware Home Innovation: Officials of the company will meet Sequent Investments.
Asian Paints: Officials of the company will meet Marcellus Investment Managers and participate in UBS India Virtual Consumer Corporate Day.
*SEC. IN F&O BAN FOR, 19 AUG, 2022 :*
*1. DELTACORP 2. BALRAMCHIN*
*ADDITION : NIL*
*DELETION : TATA CHEMICALS*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 330 Billion*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Govt reviews windfall gains tax
Govt cuts #cess on #crude, reduced to Rs13000/tonne from Rs 17750
Export duty on #ATF hiked to Rs2/lt from nil
Export duty on diesel hiked to Rs7/lt from Rs5/lt
Export duty on petrol still at nil
Notification comes into effect from Aug 19
By: via @AlliesFin Serve Stock Market
Govt cuts #cess on #crude, reduced to Rs13000/tonne from Rs 17750
Export duty on #ATF hiked to Rs2/lt from nil
Export duty on diesel hiked to Rs7/lt from Rs5/lt
Export duty on petrol still at nil
Notification comes into effect from Aug 19
By: via @AlliesFin Serve Stock Market
Thursday 18 August 2022
@AlliesFin Serve Stock Market's Post
Reuters India breaks shackles of US and Saudi Arabia, For the first time buys Petro coke from Venezuela at huge discounted price despite US concerns.
-160000 ton already arrived and 80000 tonne in transit.
-Petro coke is used in cement industries.
-Earlier India was dependent on USA and Saudi Arabia for Pet coke.
By: via @AlliesFin Serve Stock Market
-160000 ton already arrived and 80000 tonne in transit.
-Petro coke is used in cement industries.
-Earlier India was dependent on USA and Saudi Arabia for Pet coke.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Reuters India breaks shackles of US and Saudi Arabia, For the first time buys Petro coke from Venezuela at huge discounted price despite US concerns.
-160000 ton already arrived and 80000 tonne in transit.
-Petro coke is used in cement industries.
-Earlier India was dependent on USA and Saudi Arabia for Pet coke.
By: via @AlliesFin Serve Stock Market
-160000 ton already arrived and 80000 tonne in transit.
-Petro coke is used in cement industries.
-Earlier India was dependent on USA and Saudi Arabia for Pet coke.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Namaste !!
• Blackstone Said to Launch $400 Million Sona Comstar Stake Sale
o US firm selling stock at 7.2% discount to Wednesday’s close
• India Sees Domestic Coal Output Rising 16% Y/y in FY23
• Coal Ministry Signs 16 Pact with Successful Bidders of Coal Mines
• Goldman- Backed ReNew Secures $1 Billion Loan for India Project
o Firm to use loan for round-the-clock generation project
• China to Take Part in Military Exercise in Russia with India
• Akasa Has Strong Financials for Bigger Plane Order in 18 Months
• India to Switch INR150B of Shorter Debt to Longer on Aug 22
• India Cumulative Monsoon Rainfall 10% Above Normal as of Aug. 17
• BRICS 2Q GDP Forecast Steady in Past Week; India Seen at 14.3%
• Global Funds Buy Net INR23.5B of India Stocks Wednesday: NSE
o Domestic funds sell net 5.1b rupees of stocks
• Navies of India, Malaysia resolve to work jointly in Indian Ocean region: PTI
• India supplies nearly 60% of vaccines used worldwide, FM: PTI
• Bharti Airtel (BHARTI): Adds net 793,132 mobile subscribers in June: TRAI
• GAIL India (GAIL): Approves raising up to INR250b via rupee borrowing and up to $3.13b in foreign currency
• Kilburn Engineering (KEL): RBL Bank (RBK) sold 2.2m shares of KEL in two blocks: BSE
• Natco Pharma (NTCPH): Gets tentative U.S. FDA approvals of ANDA for Trabectedin
• Oil & Natural Gas Corp (ONGC): Signs Agreement With ExxonMobil for Deepwater Exploration
• Reliance Industries (RIL): Jio adds net 4.22m mobile subscribers in June: TRAI
• Vodafone Idea (IDEA): Loses net 1.8m mobile subscribers in June: TRAI
By: via @AlliesFin Serve Stock Market
• Blackstone Said to Launch $400 Million Sona Comstar Stake Sale
o US firm selling stock at 7.2% discount to Wednesday’s close
• India Sees Domestic Coal Output Rising 16% Y/y in FY23
• Coal Ministry Signs 16 Pact with Successful Bidders of Coal Mines
• Goldman- Backed ReNew Secures $1 Billion Loan for India Project
o Firm to use loan for round-the-clock generation project
• China to Take Part in Military Exercise in Russia with India
• Akasa Has Strong Financials for Bigger Plane Order in 18 Months
• India to Switch INR150B of Shorter Debt to Longer on Aug 22
• India Cumulative Monsoon Rainfall 10% Above Normal as of Aug. 17
• BRICS 2Q GDP Forecast Steady in Past Week; India Seen at 14.3%
• Global Funds Buy Net INR23.5B of India Stocks Wednesday: NSE
o Domestic funds sell net 5.1b rupees of stocks
• Navies of India, Malaysia resolve to work jointly in Indian Ocean region: PTI
• India supplies nearly 60% of vaccines used worldwide, FM: PTI
• Bharti Airtel (BHARTI): Adds net 793,132 mobile subscribers in June: TRAI
• GAIL India (GAIL): Approves raising up to INR250b via rupee borrowing and up to $3.13b in foreign currency
• Kilburn Engineering (KEL): RBL Bank (RBK) sold 2.2m shares of KEL in two blocks: BSE
• Natco Pharma (NTCPH): Gets tentative U.S. FDA approvals of ANDA for Trabectedin
• Oil & Natural Gas Corp (ONGC): Signs Agreement With ExxonMobil for Deepwater Exploration
• Reliance Industries (RIL): Jio adds net 4.22m mobile subscribers in June: TRAI
• Vodafone Idea (IDEA): Loses net 1.8m mobile subscribers in June: TRAI
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*India Daybook – Stocks in News*
*Gujarat Alkalies:* Meridian Chem Bond Bought Additional 5.35 Lakh Shares (Positive)
*Oil downstream companies:* Oil falls over 3% to lowest price since February (Positive)
*Techno Electric:* The firm informed exchanges that it has got new orders for flue gas desulphurisation (FGD) totalling Rs 1455 crore. (Positive)
*Bharat Gears:* The company will consider a bonus share issue on August 19. (Positive)
*Piramal Enterprises* to be listed as two entities by December, says Ajay Piramal (Positive)
*Max Healthcare:* GIC of Singapore and financial services firm Capital Group picked up a 26.8 percent stake in hospital chain Max Healthcare Institute (Positive)
*Singer India:* Rare Enterprises bought 4.25 million shares at an average price of Rs 53.50 a share in a block deal. (Positive)
*Sanghi Ind:* Promoters bought 40 lakh shares of company (Positive)
*Hind Zinc:* Zinc prices surge after one of Europe’s largest smelters, controlled by Trafigura Group announced that it will halt production from Sept. 1 (Positive)
*Aarti Drugs:* DGTR recommends continuation of anti-dumping duty on Ofloxacin imports from China (Positive)
*HDFC AMC:* UK-based Arbdn Investment Management partially sold its stake in HDFC Asset Management Co Ltd for Rs 2300 cr (Neutral)
*Kirloskar Oil:* SBI MUTUAL FUND under its various schemes has sold 9.46 Lakh Shares (Neutral)
*GAIL:* To Consider & Approve Fund Raising Via Rupee Term Loan/ Borrowing/ FCCB/ NCD’s etc (Neutral)
*Cipla:* The stock will be in focus after the company said it appointed Ashish Adukia as global Chief financial officer. (Neutral)
*Bajaj Hindusthan:* SBI has filed an insolvency petition in the NCLT against Bajaj Hindusthan Sugar
*Oil upstream companies:* Oil falls over 3% to lowest price since February
*Mahanagar Gas:* Cuts prices of CNG by 6 rupees per kg, PNG by 4 rupees
By: via @AlliesFin Serve Stock Market
*Gujarat Alkalies:* Meridian Chem Bond Bought Additional 5.35 Lakh Shares (Positive)
*Oil downstream companies:* Oil falls over 3% to lowest price since February (Positive)
*Techno Electric:* The firm informed exchanges that it has got new orders for flue gas desulphurisation (FGD) totalling Rs 1455 crore. (Positive)
*Bharat Gears:* The company will consider a bonus share issue on August 19. (Positive)
*Piramal Enterprises* to be listed as two entities by December, says Ajay Piramal (Positive)
*Max Healthcare:* GIC of Singapore and financial services firm Capital Group picked up a 26.8 percent stake in hospital chain Max Healthcare Institute (Positive)
*Singer India:* Rare Enterprises bought 4.25 million shares at an average price of Rs 53.50 a share in a block deal. (Positive)
*Sanghi Ind:* Promoters bought 40 lakh shares of company (Positive)
*Hind Zinc:* Zinc prices surge after one of Europe’s largest smelters, controlled by Trafigura Group announced that it will halt production from Sept. 1 (Positive)
*Aarti Drugs:* DGTR recommends continuation of anti-dumping duty on Ofloxacin imports from China (Positive)
*HDFC AMC:* UK-based Arbdn Investment Management partially sold its stake in HDFC Asset Management Co Ltd for Rs 2300 cr (Neutral)
*Kirloskar Oil:* SBI MUTUAL FUND under its various schemes has sold 9.46 Lakh Shares (Neutral)
*GAIL:* To Consider & Approve Fund Raising Via Rupee Term Loan/ Borrowing/ FCCB/ NCD’s etc (Neutral)
*Cipla:* The stock will be in focus after the company said it appointed Ashish Adukia as global Chief financial officer. (Neutral)
*Bajaj Hindusthan:* SBI has filed an insolvency petition in the NCLT against Bajaj Hindusthan Sugar
*Oil upstream companies:* Oil falls over 3% to lowest price since February
*Mahanagar Gas:* Cuts prices of CNG by 6 rupees per kg, PNG by 4 rupees
By: via @AlliesFin Serve Stock Market
Wednesday 17 August 2022
@AlliesFin Serve Stock Market's Post
*SGX Nifty +14 pts (17873) from last trade 17859 ,*
Nikkei +220 pts ,
Hangseng +165 pts ,
Now @6.54am .
Dow +239.57 pts ,Nsdq -25.50 pts, S&P
+8.06 pts, Bovespa +480 pts , Ftse +26 pts , Dax +93 pts , Cac +22 pts , Crude @ $87.10 brl (+0.57), Brent @ $92.60 brl (+0.40) , Gold @ 1789.30 (-0.40), Silver @ $20.07 (-0.01), Euro @ $1.0168, JPY @ $134.38, INR @ 79.255
*Today's Corporate Action*
*17th Aug Ex Date*
APLLT
DInterim Dividend - Rs. - 10.0000
BAIDFIN
Final Dividend - Rs. - 0.1000
BBTC
Dividend - Rs. - 1.2000
CONCOR
Interim Dividend - Rs. - 2.0000
EVERESTIND
Final Dividend - Rs. - 6.0000
LGBBROSLTD
Dividend - Rs. - 15.0000
MANAPPURAM
Interim Dividend - Rs. - 0.7500
MARALOVER
Dividend - Rs. - 2.0000
RECLTD
Bonus issue 1:3
RELAXO
Final Dividend - Rs. - 2.5000
SAICOM
Stock Split From Rs.10/- to Rs.1/-SHIVAMILLS
Final Dividend - Rs. - 1.2000
STARTECK
Final Dividend - Rs. - 0.2500
YSL
Final Dividend - Rs. - 200.0000
*Today's Key Results/Board Meetings*
*17-Aug-22*
Tata Chemicals: Officials of the company will meet Morgan Stanley Research.
Ramco Cements: Officials of the company will attend investors' meets in Singapore, organised by B & K Securities.
Repco Home Finance: Officials of the company will meet analysts and investors.
Vedant Fashions: Officials of the company will meet analysts.
Nuvoco Vistas Corporation: Officials of the company will attend Nirmal Bang Institutional Equities -Investor Conference.
Adani Enterprises: Officials of the company will meet Quant Mutual Fund.
MCX India: Officials of the company will meet PPFAS Mutual Fund, Birla MF, Baroda BNP MF, Navi MF, Sundaram MF, SBI General Insurance, Abakkus Asset Manager LLP, and Taurus MF.
Polycab India: Officials of the company will meet Nordea Investment Management and Dolat Capital Market.
*Stock under F&O ban on NSE*
*17-Aug-22*
1BALRAMCHIN
2DELTACORP
3TATACHEM
By: via @AlliesFin Serve Stock Market
Nikkei +220 pts ,
Hangseng +165 pts ,
Now @6.54am .
Dow +239.57 pts ,Nsdq -25.50 pts, S&P
+8.06 pts, Bovespa +480 pts , Ftse +26 pts , Dax +93 pts , Cac +22 pts , Crude @ $87.10 brl (+0.57), Brent @ $92.60 brl (+0.40) , Gold @ 1789.30 (-0.40), Silver @ $20.07 (-0.01), Euro @ $1.0168, JPY @ $134.38, INR @ 79.255
*Today's Corporate Action*
*17th Aug Ex Date*
APLLT
DInterim Dividend - Rs. - 10.0000
BAIDFIN
Final Dividend - Rs. - 0.1000
BBTC
Dividend - Rs. - 1.2000
CONCOR
Interim Dividend - Rs. - 2.0000
EVERESTIND
Final Dividend - Rs. - 6.0000
LGBBROSLTD
Dividend - Rs. - 15.0000
MANAPPURAM
Interim Dividend - Rs. - 0.7500
MARALOVER
Dividend - Rs. - 2.0000
RECLTD
Bonus issue 1:3
RELAXO
Final Dividend - Rs. - 2.5000
SAICOM
Stock Split From Rs.10/- to Rs.1/-SHIVAMILLS
Final Dividend - Rs. - 1.2000
STARTECK
Final Dividend - Rs. - 0.2500
YSL
Final Dividend - Rs. - 200.0000
*Today's Key Results/Board Meetings*
*17-Aug-22*
Tata Chemicals: Officials of the company will meet Morgan Stanley Research.
Ramco Cements: Officials of the company will attend investors' meets in Singapore, organised by B & K Securities.
Repco Home Finance: Officials of the company will meet analysts and investors.
Vedant Fashions: Officials of the company will meet analysts.
Nuvoco Vistas Corporation: Officials of the company will attend Nirmal Bang Institutional Equities -Investor Conference.
Adani Enterprises: Officials of the company will meet Quant Mutual Fund.
MCX India: Officials of the company will meet PPFAS Mutual Fund, Birla MF, Baroda BNP MF, Navi MF, Sundaram MF, SBI General Insurance, Abakkus Asset Manager LLP, and Taurus MF.
Polycab India: Officials of the company will meet Nordea Investment Management and Dolat Capital Market.
*Stock under F&O ban on NSE*
*17-Aug-22*
1BALRAMCHIN
2DELTACORP
3TATACHEM
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
NaMaste !!
*Good Morning*
• Mahindra Unveils Five Electric SUVs to Fast Track EV Shift
• Ola Founder Plans Locally Produced Electric Car by 2024 (1)
• Modi Vows to Fight Dynastic Power in Independence Day Speech
• Beijing Asks New Delhi to Reiterate ‘One China’ Principle
• India Says US Raised Concern Over Processed Russian Oil Shipment
• Coal Giants Are Making Mega Profits as Climate Crisis Grips the World
• Gold Drops With China’s Slowdown and Fed Rate Path in Focus
• Russia to Complete S_400 Shipment to India by End-2023: IFX
• Top India Oil Producer’s Profit Soars as Energy Prices Jump (1)
• India Rice Crop Suffers Setback as Patchy Rains Reduce Plantings
• China Tripled Lithium Carbonate Imports in June: BNEF Chart
• India July Inflation Cools, Easing Pressure for Steep Hikes (1)
o July Consumer Prices Rise 6.71% Y/y, Est. +6.75%
• India June Industrial Production Rises 12.3% Y/y, Est. +10.3%
• India Cumulative Monsoon Rainfall 8% Above Normal as of Aug. 14
• Indian Billionaire- Investor Rakesh Jhunjhunwala Dies at 62 (2)
o Veteran equity market investor was a self-made trader
• Anshu Jain, Deutsche Bank Chief in a Pivotal Era, Dies at 59 (2)
o Executive joined Cantor Fitzgerald as president in 2017
• India CCI Approves Adani’s Acquisition of Ambuja Cements, ACC
o CCI clear IIFL stake acquisition indirectly by ADIA
• HDFC Bank-HDFC Planned Merger Wins India Antitrust Approval
• India’s FX Reserves Fall $897m to $573.0b in Week to Aug. 5
• India ED Freezes $46.5M of Crypto, Bank Balances at Flipvolt
• Torrent Power and Sembcorp in Race to Buy Vector Green Energy
• India’s Sensex Posts Longest Run of Weekly Gains Since January
• Europe in Prelim. Talks With SpaceX on Use of Launchers: Reuters
• Russia Is Using CNY, INR, RUB in Arms Payments: Interfax
• RBI shut Tuesday for local bank holiday
• ACC (ACC): India CCI Approves Adani’s Acquisition of Ambuja Cements, ACC
• Apollo Tyres (APTY): 1Q Net Income +49% Y/y to 1.91b rupees, beats est. 1.31b; revenue +30% to 59.4b
• Astral (ASTRA): 1Q Net Income +20% Y/y to 889m rupees, misses est. 969.9m; revenue +73% to 12.1b
• Dilip Buildcon (DBL): 1Q Net Income 198M Rupees Vs. 270.2M Rupees Y/y
• HDFC Bank (HDFCB): HDFC Bank-HDFC Planned Merger Wins India Antitrust Approval
• Hero MotoCorp (HMCL): 1Q net income +70 % Y/y to 6.2b rupees, misses est. 7.66b; revenue +53% to 83.9b
• Honeywell Automation (HWA): 1Q net income 1.02b rupees, revenue 7.86b
• Indiabulls Real Estate (IBREL):1Q net loss 519.6M rupees vs. profit 47.6m Y/y; revenue -71% to 1.52b
• Jindal Steel (JSP): Jindal Steel Says Jha Replaces Sharma Who Completes His Term
• JK Cement (JKCE): 1Q net income 1.81b rupees, est. 1.65b; revenue 21.7b vs 16.3b
• Muthoot Finance (MUTH): 1Q net income 8.02b rupees, misses est. 9.87b; revenue -8% to 25b
• Piramal Enterprises (PIEL): NCLT approves company’s pharma operations demerger
• Restaurant Brands Asia (RBA): 1Q net loss -49% Y/y to 227.4m rupees; revenue 3.37b vs. 1.5b
• State Bank of India (SBIN): To Raise MCLR Lending Rates 20 Bps Across Tenors Aug. 15
• Sun TV (SUNTV): 1Q net Income +26% Y/y to 4.92b rupees, beats est. 4.59b; revenue +47% to 11.9b
• Tata Motors (TTMT): Jaguar Land Rover Canada, Siriusxm Extend Services Pact to 2027
• Thermax (TMX) Says incorporated new unit Thermax Bioenergy Solutions Pvt
• Zee Entertainment (Z): 1Q net income -50% Y/y to 1.07b rupees, misses est. 2.13b
By: via @AlliesFin Serve Stock Market
*Good Morning*
• Mahindra Unveils Five Electric SUVs to Fast Track EV Shift
• Ola Founder Plans Locally Produced Electric Car by 2024 (1)
• Modi Vows to Fight Dynastic Power in Independence Day Speech
• Beijing Asks New Delhi to Reiterate ‘One China’ Principle
• India Says US Raised Concern Over Processed Russian Oil Shipment
• Coal Giants Are Making Mega Profits as Climate Crisis Grips the World
• Gold Drops With China’s Slowdown and Fed Rate Path in Focus
• Russia to Complete S_400 Shipment to India by End-2023: IFX
• Top India Oil Producer’s Profit Soars as Energy Prices Jump (1)
• India Rice Crop Suffers Setback as Patchy Rains Reduce Plantings
• China Tripled Lithium Carbonate Imports in June: BNEF Chart
• India July Inflation Cools, Easing Pressure for Steep Hikes (1)
o July Consumer Prices Rise 6.71% Y/y, Est. +6.75%
• India June Industrial Production Rises 12.3% Y/y, Est. +10.3%
• India Cumulative Monsoon Rainfall 8% Above Normal as of Aug. 14
• Indian Billionaire- Investor Rakesh Jhunjhunwala Dies at 62 (2)
o Veteran equity market investor was a self-made trader
• Anshu Jain, Deutsche Bank Chief in a Pivotal Era, Dies at 59 (2)
o Executive joined Cantor Fitzgerald as president in 2017
• India CCI Approves Adani’s Acquisition of Ambuja Cements, ACC
o CCI clear IIFL stake acquisition indirectly by ADIA
• HDFC Bank-HDFC Planned Merger Wins India Antitrust Approval
• India’s FX Reserves Fall $897m to $573.0b in Week to Aug. 5
• India ED Freezes $46.5M of Crypto, Bank Balances at Flipvolt
• Torrent Power and Sembcorp in Race to Buy Vector Green Energy
• India’s Sensex Posts Longest Run of Weekly Gains Since January
• Europe in Prelim. Talks With SpaceX on Use of Launchers: Reuters
• Russia Is Using CNY, INR, RUB in Arms Payments: Interfax
• RBI shut Tuesday for local bank holiday
• ACC (ACC): India CCI Approves Adani’s Acquisition of Ambuja Cements, ACC
• Apollo Tyres (APTY): 1Q Net Income +49% Y/y to 1.91b rupees, beats est. 1.31b; revenue +30% to 59.4b
• Astral (ASTRA): 1Q Net Income +20% Y/y to 889m rupees, misses est. 969.9m; revenue +73% to 12.1b
• Dilip Buildcon (DBL): 1Q Net Income 198M Rupees Vs. 270.2M Rupees Y/y
• HDFC Bank (HDFCB): HDFC Bank-HDFC Planned Merger Wins India Antitrust Approval
• Hero MotoCorp (HMCL): 1Q net income +70 % Y/y to 6.2b rupees, misses est. 7.66b; revenue +53% to 83.9b
• Honeywell Automation (HWA): 1Q net income 1.02b rupees, revenue 7.86b
• Indiabulls Real Estate (IBREL):1Q net loss 519.6M rupees vs. profit 47.6m Y/y; revenue -71% to 1.52b
• Jindal Steel (JSP): Jindal Steel Says Jha Replaces Sharma Who Completes His Term
• JK Cement (JKCE): 1Q net income 1.81b rupees, est. 1.65b; revenue 21.7b vs 16.3b
• Muthoot Finance (MUTH): 1Q net income 8.02b rupees, misses est. 9.87b; revenue -8% to 25b
• Piramal Enterprises (PIEL): NCLT approves company’s pharma operations demerger
• Restaurant Brands Asia (RBA): 1Q net loss -49% Y/y to 227.4m rupees; revenue 3.37b vs. 1.5b
• State Bank of India (SBIN): To Raise MCLR Lending Rates 20 Bps Across Tenors Aug. 15
• Sun TV (SUNTV): 1Q net Income +26% Y/y to 4.92b rupees, beats est. 4.59b; revenue +47% to 11.9b
• Tata Motors (TTMT): Jaguar Land Rover Canada, Siriusxm Extend Services Pact to 2027
• Thermax (TMX) Says incorporated new unit Thermax Bioenergy Solutions Pvt
• Zee Entertainment (Z): 1Q net income -50% Y/y to 1.07b rupees, misses est. 2.13b
By: via @AlliesFin Serve Stock Market
Tuesday 16 August 2022
@AlliesFin Serve Stock Market's Post
*SGX Nifty +117 pts (17834) from Friday's last trade 17717 ,*
Nikkei -72 pts ,
Hangseng +66 pts ,
Now @6.53am .
Dow +151.39 pts ,Nsdq +80.87 pts, S&P
+16.99 pts, Bovespa +267 pts , Ftse +8 pts , Dax +20 pts , Cac +16 pts , Crude @ $88.16 brl (-1.25), Brent @ $95.10 brl (-0.00) , Gold @ 1794.80 (-3.30), Silver @ $20.18 (-0.09), Euro @ $1.016, JPY @ $133.07, INR @ 79.545
*Today's Corporate Action*
*16th Aug Ex Date*
None
*Today's Key Results/Board Meetings*
*16-Aug-22*
Apar Industries, Neogen Chemicals: Officials of the companies will attend NBIE - Investor Conference - August 2022 hosted by Nirmal Bang Institutional Equities.
Rainbow Children's Medicare: Officials of the company will attend Investor Roadshow host by Kotak Securities.
Metro Brands: Officials of the company will meet Nirmal Bang, and JP Morgan Asset Management.
Ramco Cements: Officials of the company will attend investors' meets at Singapore, organised by B & K Securities.
Aegis Logistics: The company will hold Q1FY23 earnings conference call to discuss operational & financial performance.
Tata Chemicals: Officials of the company will meet Ruane Cunniff Goldfarb.
UPL: Officials of the company will meet several fund houses, analysts, institutional investors in a virtual conference organised by Kotak Securities.
Hindware Home Innovation: Officials of the company will meet analysts and investors to discuss financial results for the first quarter ended June 2022.
Fiem Industries: Officials of the company will meet analysts and investors to discuss financial results for the first quarter ended June 2022.
By: via @AlliesFin Serve Stock Market
Nikkei -72 pts ,
Hangseng +66 pts ,
Now @6.53am .
Dow +151.39 pts ,Nsdq +80.87 pts, S&P
+16.99 pts, Bovespa +267 pts , Ftse +8 pts , Dax +20 pts , Cac +16 pts , Crude @ $88.16 brl (-1.25), Brent @ $95.10 brl (-0.00) , Gold @ 1794.80 (-3.30), Silver @ $20.18 (-0.09), Euro @ $1.016, JPY @ $133.07, INR @ 79.545
*Today's Corporate Action*
*16th Aug Ex Date*
None
*Today's Key Results/Board Meetings*
*16-Aug-22*
Apar Industries, Neogen Chemicals: Officials of the companies will attend NBIE - Investor Conference - August 2022 hosted by Nirmal Bang Institutional Equities.
Rainbow Children's Medicare: Officials of the company will attend Investor Roadshow host by Kotak Securities.
Metro Brands: Officials of the company will meet Nirmal Bang, and JP Morgan Asset Management.
Ramco Cements: Officials of the company will attend investors' meets at Singapore, organised by B & K Securities.
Aegis Logistics: The company will hold Q1FY23 earnings conference call to discuss operational & financial performance.
Tata Chemicals: Officials of the company will meet Ruane Cunniff Goldfarb.
UPL: Officials of the company will meet several fund houses, analysts, institutional investors in a virtual conference organised by Kotak Securities.
Hindware Home Innovation: Officials of the company will meet analysts and investors to discuss financial results for the first quarter ended June 2022.
Fiem Industries: Officials of the company will meet analysts and investors to discuss financial results for the first quarter ended June 2022.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Take a look at 10 golden quotes by Rakesh Jhunjhunwala,
1) "Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible."
2) "Hastily taken decisions always result in heavy losses. Take your own time before putting money in any stock."
3) "Anticipate trend and benefit from it. Traders should go against human nature."
4) “Never invest at unreasonable valuations. Never run for companies which are in limelight."
5) “Trading always keeps you on your feet, it keeps you alert. That's one of the reasons why I like to trade."
6) “Emotional investment is a sure way to make loss in stock markets."
7) "You cannot make profits in the stock market unless you have the ability to bear losses."
8) "Buy when others sell and sell when others buy – the stock market mantra."
9) “Invest in companies which have strong management and competitive management."
10) “When opportunities come, they can come through technology, marketing, brands, value protections, capital, etc. You need to be able to spot those."
By: via @AlliesFin Serve Stock Market
1) "Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible."
2) "Hastily taken decisions always result in heavy losses. Take your own time before putting money in any stock."
3) "Anticipate trend and benefit from it. Traders should go against human nature."
4) “Never invest at unreasonable valuations. Never run for companies which are in limelight."
5) “Trading always keeps you on your feet, it keeps you alert. That's one of the reasons why I like to trade."
6) “Emotional investment is a sure way to make loss in stock markets."
7) "You cannot make profits in the stock market unless you have the ability to bear losses."
8) "Buy when others sell and sell when others buy – the stock market mantra."
9) “Invest in companies which have strong management and competitive management."
10) “When opportunities come, they can come through technology, marketing, brands, value protections, capital, etc. You need to be able to spot those."
By: via @AlliesFin Serve Stock Market
Monday 15 August 2022
Sunday 14 August 2022
@AlliesFin Serve Stock Market's Post
Consumer prices in the country grew 6.71 per cent in July, compared to the year ago period. Although retail inflation remained higher than the upper tolerance limit of RBI's target range of 2-6 per cent for a seventh straight month, it has dipped lower than 7 per cent for the first time in four months. Inflation has been receding for the last four months, it had touched a high of 7.79 per cent in April.
RBI, in its latest monetary policy committee meeting had raised the rates by 50 bps to 5.4 per cent--higher than the pre-pandemic level. Rates have increased 140 bps since June.
The food inflation did not decline as fast and came in at 6.75 per cent.
The industrial production in June increased to 12.3 per cent, supported by a low base.
The data, released by the National Statistical Office on Friday, showed that the Consumer Price Index (CPI)-based inflation eased only marginally to 6.71 per cent in July from 7.01 per cent in the previous month, while the Index of Industrial Production (IIP) grew 12.3 per cent in June compared to 19.6 per cent in May.
By: via @AlliesFin Serve Stock Market
RBI, in its latest monetary policy committee meeting had raised the rates by 50 bps to 5.4 per cent--higher than the pre-pandemic level. Rates have increased 140 bps since June.
The food inflation did not decline as fast and came in at 6.75 per cent.
The industrial production in June increased to 12.3 per cent, supported by a low base.
The data, released by the National Statistical Office on Friday, showed that the Consumer Price Index (CPI)-based inflation eased only marginally to 6.71 per cent in July from 7.01 per cent in the previous month, while the Index of Industrial Production (IIP) grew 12.3 per cent in June compared to 19.6 per cent in May.
By: via @AlliesFin Serve Stock Market
Friday 12 August 2022
@AlliesFin Serve Stock Market's Post
*Business News Headlines*
*Economic Times*
Ø Infosys is watchful but confident enough to raise growth guidance: Salil Parekh
Ø Go Fashion pushing ahead with expansion; plans to open 120-130 stores every year
Ø Patanjali Foods will take price cuts as commodity prices decline: Sanjeev Kumar Asthana
Ø Syrma SGS offers exposure to India’s fast-growing electronics manufacturing
Ø OPEC, in contrast to IEA, sees lower 2022 oil demand growth
Ø HDFC executes a rare trade to hedge rate risk
Ø Lower bad loans push PSU banks' profitability in June quarter
Ø LIC consolidates its leadership position with 68.57% market share
Ø Fairfax Financial to double investment in India over 4-5 years
Ø Eicher Motors net more than doubles in Q1FY23
Ø Union Bank expects to recover Rs 15,000 crore from bad loans this fiscal
Ø Greenko to develop up to 400 MW green capacity for Hindalco's aluminium smelter in Odisha
*Business Standard*
Ø RBI guidelines may lead to high compliance cost for digital lending apps
Ø BofA Sec sees more mkt corrections, revises 2022-end Nifty target to 15,600
Ø Centre garners Rs 3,000 crore from windfall tax on oil and gas firms
Ø Govt to remove domestic fare caps imposed on airlines Aug 31 onwards
Ø Dhanlaxmi Bank's Rs 127-cr rights issue hits fresh roadblock at boardroom
Ø Adani group to invest Rs 57,575 cr to set up alumina mill in Odisha
Ø Tyre maker Balkrishna Industries FY23 volume, margin seen under pressure
Ø IT companies' margins decline to decade-low of 23.2% in June quarter
Ø Interim wage hike likely to hit margins of West Bengal tea estates: Icra
Ø LIC ropes in Milliman Advisors to derive September embedded value
*Financial Express*
Ø Tata Sons FY22 net rises 164% to Rs 17,171 crore
Ø Oil ministry to divert gas from industries after CNG, piped gas prices jump 70 pc in a year
Ø Institutional investments in real estate dip 28% to 2.3 bn in H1: Report
Ø Balaji Telefilms posts consolidated revenue of Rs 119 crore in Q1, FY23
Ø Tax hike on petroleum: Crude oil production tax raised; diesel, jet fuel export tax cut by this much per litre
Ø Price freeze on petrol, diesel, LPG to hit profitability of IOC, BPCL, HPCL: Fitch
Ø Airtel Africa signs up for USD 125 million credit pact with Citi
Ø Mudra NPAs moderate in FY22, though still above pre-Covid levels
Ø Import reliance for oil jumps 10 percentage pts since 2015
Ø Jio, Adani Data, Airtel and Vodafone Idea get one more day as DoT extends spectrum payment due date
By: via @AlliesFin Serve Stock Market
*Economic Times*
Ø Infosys is watchful but confident enough to raise growth guidance: Salil Parekh
Ø Go Fashion pushing ahead with expansion; plans to open 120-130 stores every year
Ø Patanjali Foods will take price cuts as commodity prices decline: Sanjeev Kumar Asthana
Ø Syrma SGS offers exposure to India’s fast-growing electronics manufacturing
Ø OPEC, in contrast to IEA, sees lower 2022 oil demand growth
Ø HDFC executes a rare trade to hedge rate risk
Ø Lower bad loans push PSU banks' profitability in June quarter
Ø LIC consolidates its leadership position with 68.57% market share
Ø Fairfax Financial to double investment in India over 4-5 years
Ø Eicher Motors net more than doubles in Q1FY23
Ø Union Bank expects to recover Rs 15,000 crore from bad loans this fiscal
Ø Greenko to develop up to 400 MW green capacity for Hindalco's aluminium smelter in Odisha
*Business Standard*
Ø RBI guidelines may lead to high compliance cost for digital lending apps
Ø BofA Sec sees more mkt corrections, revises 2022-end Nifty target to 15,600
Ø Centre garners Rs 3,000 crore from windfall tax on oil and gas firms
Ø Govt to remove domestic fare caps imposed on airlines Aug 31 onwards
Ø Dhanlaxmi Bank's Rs 127-cr rights issue hits fresh roadblock at boardroom
Ø Adani group to invest Rs 57,575 cr to set up alumina mill in Odisha
Ø Tyre maker Balkrishna Industries FY23 volume, margin seen under pressure
Ø IT companies' margins decline to decade-low of 23.2% in June quarter
Ø Interim wage hike likely to hit margins of West Bengal tea estates: Icra
Ø LIC ropes in Milliman Advisors to derive September embedded value
*Financial Express*
Ø Tata Sons FY22 net rises 164% to Rs 17,171 crore
Ø Oil ministry to divert gas from industries after CNG, piped gas prices jump 70 pc in a year
Ø Institutional investments in real estate dip 28% to 2.3 bn in H1: Report
Ø Balaji Telefilms posts consolidated revenue of Rs 119 crore in Q1, FY23
Ø Tax hike on petroleum: Crude oil production tax raised; diesel, jet fuel export tax cut by this much per litre
Ø Price freeze on petrol, diesel, LPG to hit profitability of IOC, BPCL, HPCL: Fitch
Ø Airtel Africa signs up for USD 125 million credit pact with Citi
Ø Mudra NPAs moderate in FY22, though still above pre-Covid levels
Ø Import reliance for oil jumps 10 percentage pts since 2015
Ø Jio, Adani Data, Airtel and Vodafone Idea get one more day as DoT extends spectrum payment due date
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• Agency Says Ending Brazil Cold-Rolled Steel Duties Won’t Hurt US
• India Needs to Move Cautiously on Crypto Assets, Official Says
• Paytm CEO Sharma Must Be Replaced With a Professional, IiAS Says
• India Crackdown Puts $4.4 Billion Debt at Risk of Downgrade
• RBI Modified Bilateral Meeting of Qualified Financial Contracts
• India Cumulative Monsoon Rainfall 8% Above Normal as of Aug. 11
• Emerging Economies 2Q GDP Forecast Steady; India Seen at 14.3%
• Global Funds Buy Net INR23B of India Stocks on Thursday: NSE
o Domestic funds sell net 7.3b rupees of stocks
• Foreign Investors Buy Net INR24.55B of India Equities Wednesday
• Foreigners Buy Net INR28.5B of India Equity Derivatives Thursday
• China blocks US-India bid at UN to blacklist JeM dy chief Abdul Rauf Azhar: PTI
• India-UK trade set to double by 2030: Report: PTI
• 5:30pm: India July Consumer Price Inflation y/y; est. 6.76%, prior 7.01%
• 5:30pm: India June Industrial Production y/y; est. 10.3%, prior 19.6%
• 08/12-08/15: India July Trade Balance, est. - $31.0b, prior -$26.18b
o India July Exports Y/y; prior 23.5%
o India July Imports Y/y; prior 57.6%
• Apollo Hospitals (APHS): 1Q net income -35% Y/y to 3.17b rupees, beats est. 1.96b; revenue +1.1% to 38b
• Aurobindo Pharma (ARBP): 1Q Net Income -32% Y/y to 5.2b rupees, misses est. 6.2b; revenue +9.5% to 62.4b
• Bata India (BATA): 1Q net income 1.19B rupees Vs. loss 694.8M Y/y; revenue 9.43b vs. 2.67b
• Life Insurance Corp (LICI): Raises Voltas (VOLT) holding to 6.861% from 4.833% via market purchase
• Page Industries (PAG): 1Q Net Income 2.07b rupees vs. 109.5m Y/y, Beats est. 1.89; revenue 13.4b vs. 5.02b
• Phoenix Mills (PHNX): 1Q net income 7.19b rupees vs. loss 262m Y/y, beats est. 1.22b; 1Q had exceptional gain of 5.57B
By: via @AlliesFin Serve Stock Market
• India Needs to Move Cautiously on Crypto Assets, Official Says
• Paytm CEO Sharma Must Be Replaced With a Professional, IiAS Says
• India Crackdown Puts $4.4 Billion Debt at Risk of Downgrade
• RBI Modified Bilateral Meeting of Qualified Financial Contracts
• India Cumulative Monsoon Rainfall 8% Above Normal as of Aug. 11
• Emerging Economies 2Q GDP Forecast Steady; India Seen at 14.3%
• Global Funds Buy Net INR23B of India Stocks on Thursday: NSE
o Domestic funds sell net 7.3b rupees of stocks
• Foreign Investors Buy Net INR24.55B of India Equities Wednesday
• Foreigners Buy Net INR28.5B of India Equity Derivatives Thursday
• China blocks US-India bid at UN to blacklist JeM dy chief Abdul Rauf Azhar: PTI
• India-UK trade set to double by 2030: Report: PTI
• 5:30pm: India July Consumer Price Inflation y/y; est. 6.76%, prior 7.01%
• 5:30pm: India June Industrial Production y/y; est. 10.3%, prior 19.6%
• 08/12-08/15: India July Trade Balance, est. - $31.0b, prior -$26.18b
o India July Exports Y/y; prior 23.5%
o India July Imports Y/y; prior 57.6%
• Apollo Hospitals (APHS): 1Q net income -35% Y/y to 3.17b rupees, beats est. 1.96b; revenue +1.1% to 38b
• Aurobindo Pharma (ARBP): 1Q Net Income -32% Y/y to 5.2b rupees, misses est. 6.2b; revenue +9.5% to 62.4b
• Bata India (BATA): 1Q net income 1.19B rupees Vs. loss 694.8M Y/y; revenue 9.43b vs. 2.67b
• Life Insurance Corp (LICI): Raises Voltas (VOLT) holding to 6.861% from 4.833% via market purchase
• Page Industries (PAG): 1Q Net Income 2.07b rupees vs. 109.5m Y/y, Beats est. 1.89; revenue 13.4b vs. 5.02b
• Phoenix Mills (PHNX): 1Q net income 7.19b rupees vs. loss 262m Y/y, beats est. 1.22b; 1Q had exceptional gain of 5.57B
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty -12 pts (17664) from last trade 17676 ,*
Nikkei +603 pts ,
Hangseng +76 pts ,
Now @6.55am .
Dow +27.16 pts ,Nsdq -74.89 pts, S&P
-2.97 pts, Bovespa -517 pts , Ftse -41 pts , Dax -6 pts , Cac +21pts , Crude @ $93.96 brl (-0.38), Brent @ $99.27 brl (-0.42) , Gold @ 1803.50 (-3.50), Silver @ $20.21 (-0.13), Euro @ $1.0313, JPY @ $133.22, INR @ 79.605
*US GOVT. 10-YEAR YIELD : 2.88%*
*Today's Corporate Action, 12 Aug Ex Date :*
AVTNPL
Final Dividend - Rs. - 0.6000
BDH
Final Dividend - Rs. - 3.6000
BRIGHTBR
Final Dividend - Rs. - 5.0000
CAMS
Interim Dividend
COMPUSOFT
Dividend - Rs. - 0.4000
DYNAMIC
Final Dividend - Rs. - 0.5000
EICHERMOT
Final Dividend - Rs. - 21.0000
FIEMIND
Final Dividend - Rs. - 20.0000
IRB
Interim Dividend
ISGEC
Final Dividend - Rs. - 2.0000
JBCHEPHARM
Final Dividend - Rs. - 8.0000
KPITTECH
Dividend - Rs. - 1.8500
MAANALU
Interim Dividend
MASFIN
Final Dividend - Rs. - 1.7500
RAMAPHO
Final Dividend - Rs. - 0.8000
SHRGLTR
Final Dividend - Rs. - 0.2000
SKIPPER
Dividend - Rs. - 0.1000
TRIVENI
Final Dividend - Rs. - 2.0000
WPIL
Dividend - Rs. - 10.0000
*SEC. IN F&O BAN FOR, 12 AUG, 2022 :*
*1. DELTACORP 2. BALRAMCHIN*
*ADDITION : NIL*
*DELETION : ESCORTS*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 320 Billion*
By: via @AlliesFin Serve Stock Market
*SGX Nifty -12 pts (17664) from last trade 17676 ,*
Nikkei +603 pts ,
Hangseng +76 pts ,
Now @6.55am .
Dow +27.16 pts ,Nsdq -74.89 pts, S&P
-2.97 pts, Bovespa -517 pts , Ftse -41 pts , Dax -6 pts , Cac +21pts , Crude @ $93.96 brl (-0.38), Brent @ $99.27 brl (-0.42) , Gold @ 1803.50 (-3.50), Silver @ $20.21 (-0.13), Euro @ $1.0313, JPY @ $133.22, INR @ 79.605
*US GOVT. 10-YEAR YIELD : 2.88%*
*Today's Corporate Action, 12 Aug Ex Date :*
AVTNPL
Final Dividend - Rs. - 0.6000
BDH
Final Dividend - Rs. - 3.6000
BRIGHTBR
Final Dividend - Rs. - 5.0000
CAMS
Interim Dividend
COMPUSOFT
Dividend - Rs. - 0.4000
DYNAMIC
Final Dividend - Rs. - 0.5000
EICHERMOT
Final Dividend - Rs. - 21.0000
FIEMIND
Final Dividend - Rs. - 20.0000
IRB
Interim Dividend
ISGEC
Final Dividend - Rs. - 2.0000
JBCHEPHARM
Final Dividend - Rs. - 8.0000
KPITTECH
Dividend - Rs. - 1.8500
MAANALU
Interim Dividend
MASFIN
Final Dividend - Rs. - 1.7500
RAMAPHO
Final Dividend - Rs. - 0.8000
SHRGLTR
Final Dividend - Rs. - 0.2000
SKIPPER
Dividend - Rs. - 0.1000
TRIVENI
Final Dividend - Rs. - 2.0000
WPIL
Dividend - Rs. - 10.0000
*SEC. IN F&O BAN FOR, 12 AUG, 2022 :*
*1. DELTACORP 2. BALRAMCHIN*
*ADDITION : NIL*
*DELETION : ESCORTS*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 320 Billion*
By: via @AlliesFin Serve Stock Market
Thursday 11 August 2022
@AlliesFin Serve Stock Market's Post
*The dollar sank the most since the onset of the pandemic. Treasury two-year yields were lower by about five basis points in late trading after plummeting nearly 20 basis points immediately after the data. West Texas Intermediate crude topped $91 a barrel.*
*For the market, it's sort of a Goldilocks scenario right now because you have the labor market holding up and inflation potentially starting to come down. That is what a soft landing would look like. But one month of slowing inflation is not enough for the Fed to send an all-clear signal*
*(Inflation at) 8.5% is still very high, but there is optimism that perhaps June was the peak. Producer prices data for July on Thursday along with August inflation and employment data for release next month could alter the course of the Fed again.*
*The Fed has hiked its policy rate by 225 basis points since March despite fears the sharp rise in borrowing costs could tip the U.S. economy into a recession.*
*The slowing of inflation was the first "positive" reading on price pressures since the Fed began tightening policy, Chicago Fed President Charles Evans said, even as he signaled he believes the Fed has plenty more work to do.*
On Tuesday, the Dow Jones Industrial Average fell 0.2% to 32774, the S&P 500 declined 0.4% to 4122 — its fourth-straight losing session — and the Nasdaq Composite dropped 1.2%, to 12493, its third consecutive drop.
*Volume on U.S. exchanges was 11.33 billion shares, compared with the 10.98 billion average for the full session over the past 20 trading days.*
*What’s driving markets*
*The consumer price index was unchanged in July, compared with the 1.3% gain in the prior month, according to the Labor Department. The rate of inflation in the 12 months ended in July slowed to 8.5% from a 41-year high of 9.1% in June.*
*The closely-watched core measure of inflation that omits volatile food and energy prices rose 0.3% in July, a slower pace than a 0.7% gain in the prior month. The 12-month rate remained steady at 5.9%.*
*While much will be made of the indication that headline inflation may be peaking, core inflation remained significantly above target, meaning it is far too early for the Fed to “declare victory” and cease raising interest rates. With the Atlanta Fed’s measure of wage growth now at 6.7%, core inflation is unlikely to return to anywhere near target until wage pressures moderate significantly. With unemployment at the lowest level in over 50 years and workers demanding pay rises to try to keep up with inflation, wage growth is unlikely to moderate sufficiently to return inflation to the Fed’s target, without first seeing a rise in unemployment. So while a peak in inflation is welcome news, it’s probably not enough to allow the Fed to ease off its tightening or to put recession fears to bed.*
*For a market plagued by fears about the Fed’s struggles to tame the inflation beast, the July consumer price index brought a sigh of relief -- with both core and overall measures coming in below forecasts. Swaps are now suggesting a move of 50 basis points as more likely in September than a repeat of the 75-basis-point increases that officials have opted to implement at their past two meetings.*
“This is overall good news for risky assets,” wrote Florian Ielpo, head of macro at Lombard Odier Asset Management, adding that “a lower growth rate of prices does not mean the end of inflation, and naturally the end of hawkish central banking. Inflation remains a situation that requires the Fed’s attention and more importantly the Fed’s measures.”
One danger of the stock-market bullishness right now is it could cause a relaxation of financial conditions that would go against the Fed’s goals. It’s also worth looking back to the early 1980s, when then Fed Chair Paul Volcker eased policy as inflation peaked and the economy tipped into a recession. But the moderation of price pressures proved to be much slower than officials wanted -- and they had to tighten again months later.
By: via @AlliesFin Serve Stock Market
*For the market, it's sort of a Goldilocks scenario right now because you have the labor market holding up and inflation potentially starting to come down. That is what a soft landing would look like. But one month of slowing inflation is not enough for the Fed to send an all-clear signal*
*(Inflation at) 8.5% is still very high, but there is optimism that perhaps June was the peak. Producer prices data for July on Thursday along with August inflation and employment data for release next month could alter the course of the Fed again.*
*The Fed has hiked its policy rate by 225 basis points since March despite fears the sharp rise in borrowing costs could tip the U.S. economy into a recession.*
*The slowing of inflation was the first "positive" reading on price pressures since the Fed began tightening policy, Chicago Fed President Charles Evans said, even as he signaled he believes the Fed has plenty more work to do.*
On Tuesday, the Dow Jones Industrial Average fell 0.2% to 32774, the S&P 500 declined 0.4% to 4122 — its fourth-straight losing session — and the Nasdaq Composite dropped 1.2%, to 12493, its third consecutive drop.
*Volume on U.S. exchanges was 11.33 billion shares, compared with the 10.98 billion average for the full session over the past 20 trading days.*
*What’s driving markets*
*The consumer price index was unchanged in July, compared with the 1.3% gain in the prior month, according to the Labor Department. The rate of inflation in the 12 months ended in July slowed to 8.5% from a 41-year high of 9.1% in June.*
*The closely-watched core measure of inflation that omits volatile food and energy prices rose 0.3% in July, a slower pace than a 0.7% gain in the prior month. The 12-month rate remained steady at 5.9%.*
*While much will be made of the indication that headline inflation may be peaking, core inflation remained significantly above target, meaning it is far too early for the Fed to “declare victory” and cease raising interest rates. With the Atlanta Fed’s measure of wage growth now at 6.7%, core inflation is unlikely to return to anywhere near target until wage pressures moderate significantly. With unemployment at the lowest level in over 50 years and workers demanding pay rises to try to keep up with inflation, wage growth is unlikely to moderate sufficiently to return inflation to the Fed’s target, without first seeing a rise in unemployment. So while a peak in inflation is welcome news, it’s probably not enough to allow the Fed to ease off its tightening or to put recession fears to bed.*
*For a market plagued by fears about the Fed’s struggles to tame the inflation beast, the July consumer price index brought a sigh of relief -- with both core and overall measures coming in below forecasts. Swaps are now suggesting a move of 50 basis points as more likely in September than a repeat of the 75-basis-point increases that officials have opted to implement at their past two meetings.*
“This is overall good news for risky assets,” wrote Florian Ielpo, head of macro at Lombard Odier Asset Management, adding that “a lower growth rate of prices does not mean the end of inflation, and naturally the end of hawkish central banking. Inflation remains a situation that requires the Fed’s attention and more importantly the Fed’s measures.”
One danger of the stock-market bullishness right now is it could cause a relaxation of financial conditions that would go against the Fed’s goals. It’s also worth looking back to the early 1980s, when then Fed Chair Paul Volcker eased policy as inflation peaked and the economy tipped into a recession. But the moderation of price pressures proved to be much slower than officials wanted -- and they had to tighten again months later.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
NaMaste !!
*Very Good Morning!!!*
*US Markets in Detail...*
*Happy Rakshabandhan Day!!!*
*SGX: 17,735: +188: +1.07%*
*Provisional Cash Rs. In Crs. (10th Aug)*
FIIs +1,062 (9,358 – 8,296)
DIIs -768 (5,466 – 6,235)
*Today’s Major Corporate Results:*
APOLLOHOSP, ASTERDM, BATAINDIA, BHARATFORG, GAEL, PAGEIND, SHILPAMED, TNPL, etc
Sensex: 58,817 (-36) (-0.06%)
Nifty: 17,535: +10: +0.06%
BankNifty: 38,288: +50: +0.13%
NiftyIT: 29,701 (-267) (-0.89%)
MIDCAP: 24,524 (-32) (-0.13%)
Dow: 33,310: +535: +1.63%
S&P: 4,210: +88: +2.13%
Nas: 12,855: +361: +2.89%
Brazil: 110,236: +1,585: +1.46%
Ftse: 7,507: +19: +0.25%
Dax: 13,701: +166: +1.23%
Cac: 6,523: +33: +0.52%
MOEX: 2,152: +15: +0.69%
WTI Oil: $91.93: +1.58%
Brnt: $97.11: +0.83%
Gold: $1,814: +1: +0.08%
Silver: $20.74: +1.27%
Copper: $365: +6: +1.8%
Copper (LME): $7,983 (-5) (-0.06%)
Alluminum (LME): $2,491: +45: +1.84%
Zinc (LM): $3,537: +91: +2.64%
Tin (LME): $24,426: +126: +0.52%
Eur-$: 1.0300
GBP-$: 1.2216
Jpy-$: 132.9
Re: 79.5188 (-0.17%)
USD- RUB: 60.7354 (-1.16%)
US10yr: 2.78%
GIND10YR: 7.310 (-0.52%)
$ Index: 105.2320 (-1.07%)
US Vix: 19.74 (-9.32%)
India Vix: 19.5875: +1.48%
BalticDry: 1,564 (-2) (-0.13%)
*ADR/GDR*
Cogni: +1.37%
Infy: +0.99%
Wit: +1.86%
IciciBk: +3.43%
HdfcBk: +3.49%
DrRdy: +1.04%
TataMo: +4.40%
TatSt: +3.37%
Axis: +2.46%
SBI: +1.23%
RIGD: +3.28%
INDA: +1.89% (IShares MSCI INDIA ETF)
INDY: +1.87% (IShares MSCI INDIA 50 ETF)
EPI: +1.80% (Wisdom Tree India Earning)
PIN: +1.66% (Invesco India Etf)
*Dow futures were flat in overnight trading on Wednesday after all the major averages posted sharp gains on the back of a better-than-expected July inflation report.*
*Futures tied to the Dow Jones added 0.02% or 6 points, while S&P 500 futures and Nasdaq 100 futures inched 0.07% and 0.13% lower, respectively.*
Disney added 6.7% in late trading after posting stronger-than-anticipated subscriber numbers and topping earning estimates on the top and bottom lines. Shares of Sonos slumped more than 19% after missing analysts’ expectations.
*Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve will become less aggressive on interest rates hikes*
However, the Nasdaq Composite advanced 360.88 points, or 2.9%, to 12,854.80, exiting bear-market territory after 107 trading sessions. The Nasdaq Composite is up 20.75% from its 2022 closing low of 10646.10 hit Thursday, June 16, 2022. The Dow also exited correction territory, according to Dow Jones Market Data.
*A sharp drop in the cost of gasoline helped the U.S. Consumer Price Index stay flat last month after advancing 1.3% in June, the Labor Department said. The CPI rose by a less-than-expected 8.5% over the past 12 months after a 9.1% rise in June.*
The rally came in the wake of the first notable sign of relief for Americans who have watched inflation steadily climb. Nasdaq exits bear-market territory, now is up 20.8% since bottoming but still needs to pass its prior peak in November to confirm a new bull market, but analysts say markets overreact to inflation data
*Fed funds futures traders are now pricing in only a 43.5% chance that the U.S. central bank hikes rates by 75 basis points when it meets in September, compared with 68% before the data. A 50 basis point hike is seen as a 56.5% probability*
*Softer-than-expected inflation data fueled bets the Federal Reserve could pivot to a smaller pace of hikes -- a view taken with a grain of salt by market watchers saying officials may still be a long ways from achieving their goal.*
Traders went risk-on Wednesday, with the S&P 500 hitting a three-month high. A rally in tech shares sent the Nasdaq 100 more than 20% above its June bottom, leaving it in a bull market going by a commonly held definition. The gauge still sits 19% below its November record. The Cboe Volatility Index slid to a level last seen in April.
By: via @AlliesFin Serve Stock Market
*Very Good Morning!!!*
*US Markets in Detail...*
*Happy Rakshabandhan Day!!!*
*SGX: 17,735: +188: +1.07%*
*Provisional Cash Rs. In Crs. (10th Aug)*
FIIs +1,062 (9,358 – 8,296)
DIIs -768 (5,466 – 6,235)
*Today’s Major Corporate Results:*
APOLLOHOSP, ASTERDM, BATAINDIA, BHARATFORG, GAEL, PAGEIND, SHILPAMED, TNPL, etc
Sensex: 58,817 (-36) (-0.06%)
Nifty: 17,535: +10: +0.06%
BankNifty: 38,288: +50: +0.13%
NiftyIT: 29,701 (-267) (-0.89%)
MIDCAP: 24,524 (-32) (-0.13%)
Dow: 33,310: +535: +1.63%
S&P: 4,210: +88: +2.13%
Nas: 12,855: +361: +2.89%
Brazil: 110,236: +1,585: +1.46%
Ftse: 7,507: +19: +0.25%
Dax: 13,701: +166: +1.23%
Cac: 6,523: +33: +0.52%
MOEX: 2,152: +15: +0.69%
WTI Oil: $91.93: +1.58%
Brnt: $97.11: +0.83%
Gold: $1,814: +1: +0.08%
Silver: $20.74: +1.27%
Copper: $365: +6: +1.8%
Copper (LME): $7,983 (-5) (-0.06%)
Alluminum (LME): $2,491: +45: +1.84%
Zinc (LM): $3,537: +91: +2.64%
Tin (LME): $24,426: +126: +0.52%
Eur-$: 1.0300
GBP-$: 1.2216
Jpy-$: 132.9
Re: 79.5188 (-0.17%)
USD- RUB: 60.7354 (-1.16%)
US10yr: 2.78%
GIND10YR: 7.310 (-0.52%)
$ Index: 105.2320 (-1.07%)
US Vix: 19.74 (-9.32%)
India Vix: 19.5875: +1.48%
BalticDry: 1,564 (-2) (-0.13%)
*ADR/GDR*
Cogni: +1.37%
Infy: +0.99%
Wit: +1.86%
IciciBk: +3.43%
HdfcBk: +3.49%
DrRdy: +1.04%
TataMo: +4.40%
TatSt: +3.37%
Axis: +2.46%
SBI: +1.23%
RIGD: +3.28%
INDA: +1.89% (IShares MSCI INDIA ETF)
INDY: +1.87% (IShares MSCI INDIA 50 ETF)
EPI: +1.80% (Wisdom Tree India Earning)
PIN: +1.66% (Invesco India Etf)
*Dow futures were flat in overnight trading on Wednesday after all the major averages posted sharp gains on the back of a better-than-expected July inflation report.*
*Futures tied to the Dow Jones added 0.02% or 6 points, while S&P 500 futures and Nasdaq 100 futures inched 0.07% and 0.13% lower, respectively.*
Disney added 6.7% in late trading after posting stronger-than-anticipated subscriber numbers and topping earning estimates on the top and bottom lines. Shares of Sonos slumped more than 19% after missing analysts’ expectations.
*Wall Street surged on Wednesday, putting the Nasdaq more than 20% above its June low, after U.S. inflation slowed more than expected in July and raised hopes the Federal Reserve will become less aggressive on interest rates hikes*
However, the Nasdaq Composite advanced 360.88 points, or 2.9%, to 12,854.80, exiting bear-market territory after 107 trading sessions. The Nasdaq Composite is up 20.75% from its 2022 closing low of 10646.10 hit Thursday, June 16, 2022. The Dow also exited correction territory, according to Dow Jones Market Data.
*A sharp drop in the cost of gasoline helped the U.S. Consumer Price Index stay flat last month after advancing 1.3% in June, the Labor Department said. The CPI rose by a less-than-expected 8.5% over the past 12 months after a 9.1% rise in June.*
The rally came in the wake of the first notable sign of relief for Americans who have watched inflation steadily climb. Nasdaq exits bear-market territory, now is up 20.8% since bottoming but still needs to pass its prior peak in November to confirm a new bull market, but analysts say markets overreact to inflation data
*Fed funds futures traders are now pricing in only a 43.5% chance that the U.S. central bank hikes rates by 75 basis points when it meets in September, compared with 68% before the data. A 50 basis point hike is seen as a 56.5% probability*
*Softer-than-expected inflation data fueled bets the Federal Reserve could pivot to a smaller pace of hikes -- a view taken with a grain of salt by market watchers saying officials may still be a long ways from achieving their goal.*
Traders went risk-on Wednesday, with the S&P 500 hitting a three-month high. A rally in tech shares sent the Nasdaq 100 more than 20% above its June bottom, leaving it in a bull market going by a commonly held definition. The gauge still sits 19% below its November record. The Cboe Volatility Index slid to a level last seen in April.
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
*Mkt. Updates :*
*SGX Nifty +191 pts (17743) from last trade 17552 ,*
Nikkei clsd ,
Hangseng +230 pts ,
Now @6.54am .
Dow +535.10 pts ,Nsdq +360.88 pts, S&P
+87.77 pts, Bovespa +1584 pts , Ftse +18 pts , Dax +165 pts , Cac +33 pts , Crude @ $91.40 brl (-0.53), Brent @ $96.94 brl (-0.42) , Gold @ 1805.90 (-7.90), Silver @ $20.555 (-0.18), Euro @ $1.0294, JPY @ $132.87, INR @ 79.095
*US GOVT. 10-YEAR YIELD : 2.79%*
*Today's Corporate Action, 11 Aug Ex Date :*
ADVENZYMES
Final Dividend - Rs. - 1.0000
AJMERA
Final Dividend - Rs. - 2.2500
ALKALI
Final Dividend - Rs. - 2.0000
ASTRAMICRO
Final Dividend - Rs. - 1.4000
BALKRISIND
Interim Dividend - Rs. - 4.0000
BIRET
Income Distribution
RITES
COALINDIA
Final Dividend - Rs. - 3.0000
DIVISLAB
Dividend - Rs. - 30.0000
DIXON
Final Dividend - Rs. - 2.0000
EMAMIPAP
Dividend - Rs. - 1.6000
ENDURANCE
Final Dividend - Rs. - 6.2500
ERISInterim Dividend
FINEORG
Final Dividend - Rs. - 9.0000
GODFRYPHLP
Dividend - Rs. - 28.0000
GRASIM
Dividend - Rs. - 5.0000
GRPLTD
Dividend - Rs. - 9.0000
HESTERBIO
Dividend - Rs. - 10.0000
HINDALCO
Dividend - Rs. - 4.0000
IEX
Final Dividend - Rs. - 1.0000
INDUSINDBK
Dividend - Rs. - 8.5000
IOC
Final Dividend - Rs. - 2.4000
IPL
Final Dividend - Rs. - 0.7500
JAMNAAUTO
Final Dividend - Rs. - 1.0000
JTEKTINDIA
Final Dividend - Rs. - 0.4000
JUBLPHARMA
Final Dividend - Rs. - 5.0000
KOTAKBANK
Dividend - Rs. - 1.1000
KPRMILL
Final Dividend - Rs. - 0.1500
MGL
Final Dividend - Rs. - 15.5000
MINDSPACE
Income Distribution
RITES
NAHARCAP
Final Dividend - Rs. - 1.5000
NAHARPOLY
Final Dividend - Rs. - 2.5000
NAHARSPING
Final Dividend - Rs. - 2.0000
NCC
Dividend - Rs. - 2.0000
PATINTLOG
Final Dividend - Rs. - 0.1000
POBS
Final Dividend - Rs. - 1.0000
RAIN
Interim Dividend - Rs. - 1.0000
RAJPALAYAM
Dividend - Rs. - 1.0000
REPCOHOME
Final Dividend - Rs. - 2.5000
SHREYANIND
Final Dividend - Rs. - 2.0000
SHRIDINE
Final Dividend - Rs. - 7.5000
SHYAMMETL
Interim Dividend - Rs. - 1.8000
SUNILAGR
Dividend - Rs. - 0.5000
TALBROSENG
Final Dividend - Rs. - 2.0000
TIMKEN
Final Dividend - Rs. - 1.5000
TRITURBINE
Final Dividend - Rs. - 0.8500
TRITURBINE
Special Dividend - Rs. - 0.7000
VARIMAN
Stock Split From Rs.10/- to Rs.1/-
VBL
Interim Dividend - Rs. - 2.5000
VSTTILLERS
Final Dividend - Rs. - 20.0000
*Today's Key Results/Board Meetings, 11-Aug-22 :*
Apollo Hospitals Enterprise, Aster DM Healthcare, Aurobindo Pharma, Bata India, Bharat Forge, Gujarat Ambuja Exports, Greaves Cotton, Garden Reach Shipbuilders & Engineers, Himadri Speciality Chemical, KNR Constructions, Page Industries, The Phoenix Mills, Puravankara, Quess Corp, Sapphire Foods India, Shilpa Medicare, Spencers Retail, Sunteck Realty, Trent, Vipul Organics, and Wonderla Holidays will be in focus ahead of June quarter earnings on August 11.
*SEC. IN F&O BAN FOR, 11 AUG, 2022 :*
*1. DELTACORP 2. BALRAMCHIN*
*ADDITION : NIL*
*DELETION : ESCORTS*
By: via @AlliesFin Serve Stock Market
*SGX Nifty +191 pts (17743) from last trade 17552 ,*
Nikkei clsd ,
Hangseng +230 pts ,
Now @6.54am .
Dow +535.10 pts ,Nsdq +360.88 pts, S&P
+87.77 pts, Bovespa +1584 pts , Ftse +18 pts , Dax +165 pts , Cac +33 pts , Crude @ $91.40 brl (-0.53), Brent @ $96.94 brl (-0.42) , Gold @ 1805.90 (-7.90), Silver @ $20.555 (-0.18), Euro @ $1.0294, JPY @ $132.87, INR @ 79.095
*US GOVT. 10-YEAR YIELD : 2.79%*
*Today's Corporate Action, 11 Aug Ex Date :*
ADVENZYMES
Final Dividend - Rs. - 1.0000
AJMERA
Final Dividend - Rs. - 2.2500
ALKALI
Final Dividend - Rs. - 2.0000
ASTRAMICRO
Final Dividend - Rs. - 1.4000
BALKRISIND
Interim Dividend - Rs. - 4.0000
BIRET
Income Distribution
RITES
COALINDIA
Final Dividend - Rs. - 3.0000
DIVISLAB
Dividend - Rs. - 30.0000
DIXON
Final Dividend - Rs. - 2.0000
EMAMIPAP
Dividend - Rs. - 1.6000
ENDURANCE
Final Dividend - Rs. - 6.2500
ERISInterim Dividend
FINEORG
Final Dividend - Rs. - 9.0000
GODFRYPHLP
Dividend - Rs. - 28.0000
GRASIM
Dividend - Rs. - 5.0000
GRPLTD
Dividend - Rs. - 9.0000
HESTERBIO
Dividend - Rs. - 10.0000
HINDALCO
Dividend - Rs. - 4.0000
IEX
Final Dividend - Rs. - 1.0000
INDUSINDBK
Dividend - Rs. - 8.5000
IOC
Final Dividend - Rs. - 2.4000
IPL
Final Dividend - Rs. - 0.7500
JAMNAAUTO
Final Dividend - Rs. - 1.0000
JTEKTINDIA
Final Dividend - Rs. - 0.4000
JUBLPHARMA
Final Dividend - Rs. - 5.0000
KOTAKBANK
Dividend - Rs. - 1.1000
KPRMILL
Final Dividend - Rs. - 0.1500
MGL
Final Dividend - Rs. - 15.5000
MINDSPACE
Income Distribution
RITES
NAHARCAP
Final Dividend - Rs. - 1.5000
NAHARPOLY
Final Dividend - Rs. - 2.5000
NAHARSPING
Final Dividend - Rs. - 2.0000
NCC
Dividend - Rs. - 2.0000
PATINTLOG
Final Dividend - Rs. - 0.1000
POBS
Final Dividend - Rs. - 1.0000
RAIN
Interim Dividend - Rs. - 1.0000
RAJPALAYAM
Dividend - Rs. - 1.0000
REPCOHOME
Final Dividend - Rs. - 2.5000
SHREYANIND
Final Dividend - Rs. - 2.0000
SHRIDINE
Final Dividend - Rs. - 7.5000
SHYAMMETL
Interim Dividend - Rs. - 1.8000
SUNILAGR
Dividend - Rs. - 0.5000
TALBROSENG
Final Dividend - Rs. - 2.0000
TIMKEN
Final Dividend - Rs. - 1.5000
TRITURBINE
Final Dividend - Rs. - 0.8500
TRITURBINE
Special Dividend - Rs. - 0.7000
VARIMAN
Stock Split From Rs.10/- to Rs.1/-
VBL
Interim Dividend - Rs. - 2.5000
VSTTILLERS
Final Dividend - Rs. - 20.0000
*Today's Key Results/Board Meetings, 11-Aug-22 :*
Apollo Hospitals Enterprise, Aster DM Healthcare, Aurobindo Pharma, Bata India, Bharat Forge, Gujarat Ambuja Exports, Greaves Cotton, Garden Reach Shipbuilders & Engineers, Himadri Speciality Chemical, KNR Constructions, Page Industries, The Phoenix Mills, Puravankara, Quess Corp, Sapphire Foods India, Shilpa Medicare, Spencers Retail, Sunteck Realty, Trent, Vipul Organics, and Wonderla Holidays will be in focus ahead of June quarter earnings on August 11.
*SEC. IN F&O BAN FOR, 11 AUG, 2022 :*
*1. DELTACORP 2. BALRAMCHIN*
*ADDITION : NIL*
*DELETION : ESCORTS*
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
• India’s RBI Tightens Rules on Digital Lending After Complaints
o RBI Tightens Norms for Digital Lending, Recovery Agents
• India to Soon Achieve 20% Ethanol Blending in Gasoline: Puri
• Top Coal Miner Sees Profit Soar to Record in Fuel’s Revival
o Windfall earnings likely to be used on expansions
• Billionaire Birla’s Hindalco Posts Record Profit on Novelis
• India Cumulative Monsoon Rainfall 8% Above Normal on Aug. 10
• BRICS 2Q GDP Forecast Steady in Past Week; India Seen at 14.3%
• Global Funds Buy Net 10.6B Rupees of India Stocks Aug. 10: NSE
o Domestic funds sell net 7.68b rupees of stocks
• Foreign Investors Buy Net INR15.7B of Indian Equities on Aug. 8
• Foreigners Sell Net INR4.47B Indian Equity Derivatives Wednesday
• China Says Taiwan Military Drills Over, Plans Regular Patrols
• Aarti Industries (ARTO): Aarti Industries 1Q Net Income Matches Estimates; Net income 1.89 billion rupees, +15% y/y, estimate 1.89 billion rupees
• Abbott India (BOOT):1Q Net Income +5.1% Y/y to 2.06b rupees, est. 2.18b; revenue +7% to 13.04b
• CESC (CESC):1Q net income 1.38B rupees Vs. 1.38B Y/y; revenue +22% to 23.5b
• Coal India (COAL): 1Q net income 88.34b rupees vs. 31.7b Y/y, beats est. 56.03b; revenue +39% to 350.9b
• Eicher Motors (EIM): 1Q net income 6.11b rupees vs. 2.37b y/y, est. 6.03b; revenue +73% to 34b
• HEG (HEG): 1Q net income 1.59B rupees Vs. 567.7M Y/y; revenue +74% to 7.22b
• Glenmark Pharma (GNP): 1Q net income -37% Y/y to 1.93b rupees, beats est. 1.82b; revenue -6.2% to 27.8b
• Indian Railway Catering (IRCTC): 1Q net income 2.46b rupees vs. 825.2m Y/y, beats est. 2.25b; revenue 8.53b vs. 2.43b
• Jammu & Kashmir Bank (JKBK):1Q net income 1.66B rupees Vs. 1.04B Y/y
• Mahindra & Mahindra (MM): LIC stake declines to 6.41% as of Aug. 8
• Metropolis Healthcare (METROHL): 1Q Net Income -55% Y/y to 334m rupees, misses est. 397.3m; revenue -14% to 2.8b
• Oil India (OINL): 1Q net income 15.6b rupees vs. 5.08b y/y, misses est. 20.9b; revenue +98% to 59.7b
• Patanjali Foods (PATANJAL):1Q Net Income 2.41B Rupees vs 1.74 billion rupees y/y
• PB Fintech (POLICYBZ): 1Q net loss 2.04B rupees Vs. loss 2.2B Q/Q; revenue -6.5% to 5.05b
• Steel Authority (SAIL): Steel Authority 1Q Net Income Beats Estimates; Net income 7.76 billion rupees, -80% y/y, estimate 3.14 billion rupees
• Tata Consumer (TATACONS): 1Q Net Income +38% Y/y to 2.55b rupees, misses est. 2.71b; revenue +11% to 33.3b
• Vedanta (VEDL): Commodity Supply to Remain a Challenge in Medium Term, Chairman Anil Agarwal said at AGM
By: via @AlliesFin Serve Stock Market
o RBI Tightens Norms for Digital Lending, Recovery Agents
• India to Soon Achieve 20% Ethanol Blending in Gasoline: Puri
• Top Coal Miner Sees Profit Soar to Record in Fuel’s Revival
o Windfall earnings likely to be used on expansions
• Billionaire Birla’s Hindalco Posts Record Profit on Novelis
• India Cumulative Monsoon Rainfall 8% Above Normal on Aug. 10
• BRICS 2Q GDP Forecast Steady in Past Week; India Seen at 14.3%
• Global Funds Buy Net 10.6B Rupees of India Stocks Aug. 10: NSE
o Domestic funds sell net 7.68b rupees of stocks
• Foreign Investors Buy Net INR15.7B of Indian Equities on Aug. 8
• Foreigners Sell Net INR4.47B Indian Equity Derivatives Wednesday
• China Says Taiwan Military Drills Over, Plans Regular Patrols
• Aarti Industries (ARTO): Aarti Industries 1Q Net Income Matches Estimates; Net income 1.89 billion rupees, +15% y/y, estimate 1.89 billion rupees
• Abbott India (BOOT):1Q Net Income +5.1% Y/y to 2.06b rupees, est. 2.18b; revenue +7% to 13.04b
• CESC (CESC):1Q net income 1.38B rupees Vs. 1.38B Y/y; revenue +22% to 23.5b
• Coal India (COAL): 1Q net income 88.34b rupees vs. 31.7b Y/y, beats est. 56.03b; revenue +39% to 350.9b
• Eicher Motors (EIM): 1Q net income 6.11b rupees vs. 2.37b y/y, est. 6.03b; revenue +73% to 34b
• HEG (HEG): 1Q net income 1.59B rupees Vs. 567.7M Y/y; revenue +74% to 7.22b
• Glenmark Pharma (GNP): 1Q net income -37% Y/y to 1.93b rupees, beats est. 1.82b; revenue -6.2% to 27.8b
• Indian Railway Catering (IRCTC): 1Q net income 2.46b rupees vs. 825.2m Y/y, beats est. 2.25b; revenue 8.53b vs. 2.43b
• Jammu & Kashmir Bank (JKBK):1Q net income 1.66B rupees Vs. 1.04B Y/y
• Mahindra & Mahindra (MM): LIC stake declines to 6.41% as of Aug. 8
• Metropolis Healthcare (METROHL): 1Q Net Income -55% Y/y to 334m rupees, misses est. 397.3m; revenue -14% to 2.8b
• Oil India (OINL): 1Q net income 15.6b rupees vs. 5.08b y/y, misses est. 20.9b; revenue +98% to 59.7b
• Patanjali Foods (PATANJAL):1Q Net Income 2.41B Rupees vs 1.74 billion rupees y/y
• PB Fintech (POLICYBZ): 1Q net loss 2.04B rupees Vs. loss 2.2B Q/Q; revenue -6.5% to 5.05b
• Steel Authority (SAIL): Steel Authority 1Q Net Income Beats Estimates; Net income 7.76 billion rupees, -80% y/y, estimate 3.14 billion rupees
• Tata Consumer (TATACONS): 1Q Net Income +38% Y/y to 2.55b rupees, misses est. 2.71b; revenue +11% to 33.3b
• Vedanta (VEDL): Commodity Supply to Remain a Challenge in Medium Term, Chairman Anil Agarwal said at AGM
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
RESULTS #TOMORROW Thursday
#Nifty
APOLLO HOSPITAL
#Vayda
AUROBINDO PHARMA
BATA INDIA
BHARAT FORGE
PAGE INDUSTRIES
TRENT
RESULTS #TOMORROW Thursday
#KuchCashWaali
ASTER DM
GUJARAT AMBUJA EXPORTS
GE T&D
GREAVES COTTON
GARDEN REACH
JET AIRWAYS
NUCLEUS EXPORTS
PANASONIC CARBON
QUESS CORP
SAPPHIRE FOODS
SHILPA MEDICARE
SPENCERS RETAIL
SUNDARAM BRAKE
TNPL
WONDERLA HOLIDAYS
IMP EX-DIVIDEND #Tomorrow
COAL INDIA – Rs 3
DIVIS – Rs 30
ENDURANCE – Rs 6.25
ERIS – Rs 7.35
FINE ORGANIC – Rs 9
GODFREY – Rs 28
GRASIM – Rs 10
HESTER – Rs 10
HINDALCO – Rs 4
INDUSIND BANK – Rs 8.5
IOC – Rs 2.4
JUBILANT PHARMOVA – Rs 5
MGL – Rs 15.5
NCC – Rs 2
VST TILLERS – 20
By: via @AlliesFin Serve Stock Market
#Nifty
APOLLO HOSPITAL
#Vayda
AUROBINDO PHARMA
BATA INDIA
BHARAT FORGE
PAGE INDUSTRIES
TRENT
RESULTS #TOMORROW Thursday
#KuchCashWaali
ASTER DM
GUJARAT AMBUJA EXPORTS
GE T&D
GREAVES COTTON
GARDEN REACH
JET AIRWAYS
NUCLEUS EXPORTS
PANASONIC CARBON
QUESS CORP
SAPPHIRE FOODS
SHILPA MEDICARE
SPENCERS RETAIL
SUNDARAM BRAKE
TNPL
WONDERLA HOLIDAYS
IMP EX-DIVIDEND #Tomorrow
COAL INDIA – Rs 3
DIVIS – Rs 30
ENDURANCE – Rs 6.25
ERIS – Rs 7.35
FINE ORGANIC – Rs 9
GODFREY – Rs 28
GRASIM – Rs 10
HESTER – Rs 10
HINDALCO – Rs 4
INDUSIND BANK – Rs 8.5
IOC – Rs 2.4
JUBILANT PHARMOVA – Rs 5
MGL – Rs 15.5
NCC – Rs 2
VST TILLERS – 20
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
U.S CPI (YOY) (JUL) ACTUAL: 8.5% VS 9.1% PREVIOUS; EST 8.7%
U.S CORE CPI (MOM) (JUL) ACTUAL: 0.3% VS 0.7% PREVIOUS; EST 0.5%
U.S CORE CPI (YOY) (JUL) ACTUAL: 5.9% VS 5.9% PREVIOUS; EST 6.1%
U.S CPI (MOM) (JUL) ACTUAL: 0.0% VS 1.3% PREVIOUS; EST 0.2%
By: via @AlliesFin Serve Stock Market
U.S CORE CPI (MOM) (JUL) ACTUAL: 0.3% VS 0.7% PREVIOUS; EST 0.5%
U.S CORE CPI (YOY) (JUL) ACTUAL: 5.9% VS 5.9% PREVIOUS; EST 6.1%
U.S CPI (MOM) (JUL) ACTUAL: 0.0% VS 1.3% PREVIOUS; EST 0.2%
By: via @AlliesFin Serve Stock Market
Wednesday 10 August 2022
@AlliesFin Serve Stock Market's Post
Namaste !!
• India to Stop Carbon Credit Exports Until Climate Goals Are Met
o Changed law to prepare Indian Cos for export carbon taxes
• India’s July Oil Products Consumption Rises 6.1% Y/y
• India Seeks to Oust China Firms From Sub-$150 Phone Market
o Xiaomi, Realme and Transsion will be among those affected
• India’s Sensex Rises to a Four-Month High Led By HDFC, Reliance
• Wheat Product Shippers Will Need India’s Approval Before Exports
• Monsoon-Sown Rice Area Drops, Cotton Planting Rises in India
• India Cumulative Monsoon Rainfall 7% Above Normal as of Aug. 8
• Indian Company Private Bond Sales Fall 77% W/w to INR56.9 Billion
• Global Funds Buy Net 14.5B Rupees of India Stocks Aug. 8: NSE
o Domestic funds sell net 1.41b rupees of stocks
• Foreign Investors Buy Net INR20B of Indian Equities on Aug. 5
• Foreigners Buy Net INR57.5B of Indian Equity Derivatives Aug. 8
• Indian Banks’ Risks May Ease as RBI Could Taper Rate Hikes Next
• Adani Ports May Rely on M&A to Boost Growth: Earnings Outlook
• Vedanta’s Risk Deflation May Not Inflate Bonds: Credit Outlook
• Peak Car Is Just 14 Years Away After Over a Century of Growth
• India Could Sustain Equity Rally on Inflows, Activity Uptick
• ABB India (ABB): 2Q Profit doubled to 1.4b rupees, Exceeds est.
• AIA Engineering (AIAE): 1Q profit 1.9b rupees vs 1.49b Y/y; Sales 10.64b vs 7.3b
• AU Small Finance Bank (AUBANK): Approves QIP issue price at 580 rupees/share
• Bajaj Finance (BAF): New Deal: Bajaj Housing Plans to Sell up to Inr10b 3Y Bonds
• Bharti Airtel (BHARTI): 1Q net income 16b rupees vs. 2.84b y/y, misses est. 22.17b; revenue +22% to 328b; Ebitda margin 50.6% vs. 49.1% y/y
• City Union Bank (CUBK): 1Q net income +32% Y/y to 2.25b rupees, beats est. 1.95b, Provisions -11% q/q to 1.52b; gross NPA 4.65% vs. 4.7% q/q
• Dish TV India (DITV): 1Q profit 178.5m rupees vs 502.4m Y/y
• IDFC (IDFC): 1Q profit 2.5b rupees vs loss 4.1b Y/y
• Indraprastha Gas (IGL): 1Q profit 4.2b rupees, beats est. 3.66b
• Indian Hotels (IH): 1Q net income 1.7b rupees vs. loss 2.77b y/y, beats est. 1.49b; revenue 12.7b vs. 3.45b
• Indian Oil Corp. (IOCL): Lanka IOC Expresses Interest to Take Over Part of CPC’s Network
• Gujarat Narmada Valley (GNFC): 1Q Net Income 5.71B rupees Vs. 2.42B Y/y; revenue +94% to 27b
• JSW Steel (JSTL): Says July crude steel output rises 14% Y/y
• MRF (MRF): 1Q net income 1.12b rupees vs 1.61b Y/y, misses est. 1.54b; Sales climbed to 56b vs 41.3b
• Natco Pharma (NTCPH): 1Q net income of 3.2b rupees vs 750m Y/y, beat est. 2.35b; sales more than doubled to 8.8b
• National Aluminium (NACL): 1Q net income +66% Y/y to 5.79b rupees, misess est. 6.69b; revenue +53% to 37.8b
• National Highways Infra (NHIT): To consider raising funds on Aug. 12
• Power Grid Corp (PWGR): 1Q Net Income -38% Y/y to 37.7b rupees, beats est. 28.1b; Revenue +7% to 104.5b
• Prestige Estates Projects (PEPL): 1Q profit 2.05b rupees vs 458m Y/y; sales 19.4b vs 13.6b
• Samvardhana Motherson (MOTHERSO): 1Q Net Income -51% Y/y to 1.41b rupees, misses est. 2.15b; revenue +9% to 176.1b
• Sobha (SOBHA): 1Q profit 137m rupees vs 108m Y/y; Sales 5.8b vs 5.1b
• Tata Chemicals (TTCH) 1Q profit 5.89b rupees vs 2.88b Y/y; sales 39.95b vs 29.8b
• Torrent Power (TPW): 1Q Net Income 5.02b rupees vs. 2.07b y/y, beats est. 3.84b; Revenue 65.1b vs. 31b
• Whirlpool India (WHIRL): 1Q net income 779m rupees vs. 233.4m y/y, misses est. 1.09b; revenue +48% to 19.8b
By: via @AlliesFin Serve Stock Market
• India to Stop Carbon Credit Exports Until Climate Goals Are Met
o Changed law to prepare Indian Cos for export carbon taxes
• India’s July Oil Products Consumption Rises 6.1% Y/y
• India Seeks to Oust China Firms From Sub-$150 Phone Market
o Xiaomi, Realme and Transsion will be among those affected
• India’s Sensex Rises to a Four-Month High Led By HDFC, Reliance
• Wheat Product Shippers Will Need India’s Approval Before Exports
• Monsoon-Sown Rice Area Drops, Cotton Planting Rises in India
• India Cumulative Monsoon Rainfall 7% Above Normal as of Aug. 8
• Indian Company Private Bond Sales Fall 77% W/w to INR56.9 Billion
• Global Funds Buy Net 14.5B Rupees of India Stocks Aug. 8: NSE
o Domestic funds sell net 1.41b rupees of stocks
• Foreign Investors Buy Net INR20B of Indian Equities on Aug. 5
• Foreigners Buy Net INR57.5B of Indian Equity Derivatives Aug. 8
• Indian Banks’ Risks May Ease as RBI Could Taper Rate Hikes Next
• Adani Ports May Rely on M&A to Boost Growth: Earnings Outlook
• Vedanta’s Risk Deflation May Not Inflate Bonds: Credit Outlook
• Peak Car Is Just 14 Years Away After Over a Century of Growth
• India Could Sustain Equity Rally on Inflows, Activity Uptick
• ABB India (ABB): 2Q Profit doubled to 1.4b rupees, Exceeds est.
• AIA Engineering (AIAE): 1Q profit 1.9b rupees vs 1.49b Y/y; Sales 10.64b vs 7.3b
• AU Small Finance Bank (AUBANK): Approves QIP issue price at 580 rupees/share
• Bajaj Finance (BAF): New Deal: Bajaj Housing Plans to Sell up to Inr10b 3Y Bonds
• Bharti Airtel (BHARTI): 1Q net income 16b rupees vs. 2.84b y/y, misses est. 22.17b; revenue +22% to 328b; Ebitda margin 50.6% vs. 49.1% y/y
• City Union Bank (CUBK): 1Q net income +32% Y/y to 2.25b rupees, beats est. 1.95b, Provisions -11% q/q to 1.52b; gross NPA 4.65% vs. 4.7% q/q
• Dish TV India (DITV): 1Q profit 178.5m rupees vs 502.4m Y/y
• IDFC (IDFC): 1Q profit 2.5b rupees vs loss 4.1b Y/y
• Indraprastha Gas (IGL): 1Q profit 4.2b rupees, beats est. 3.66b
• Indian Hotels (IH): 1Q net income 1.7b rupees vs. loss 2.77b y/y, beats est. 1.49b; revenue 12.7b vs. 3.45b
• Indian Oil Corp. (IOCL): Lanka IOC Expresses Interest to Take Over Part of CPC’s Network
• Gujarat Narmada Valley (GNFC): 1Q Net Income 5.71B rupees Vs. 2.42B Y/y; revenue +94% to 27b
• JSW Steel (JSTL): Says July crude steel output rises 14% Y/y
• MRF (MRF): 1Q net income 1.12b rupees vs 1.61b Y/y, misses est. 1.54b; Sales climbed to 56b vs 41.3b
• Natco Pharma (NTCPH): 1Q net income of 3.2b rupees vs 750m Y/y, beat est. 2.35b; sales more than doubled to 8.8b
• National Aluminium (NACL): 1Q net income +66% Y/y to 5.79b rupees, misess est. 6.69b; revenue +53% to 37.8b
• National Highways Infra (NHIT): To consider raising funds on Aug. 12
• Power Grid Corp (PWGR): 1Q Net Income -38% Y/y to 37.7b rupees, beats est. 28.1b; Revenue +7% to 104.5b
• Prestige Estates Projects (PEPL): 1Q profit 2.05b rupees vs 458m Y/y; sales 19.4b vs 13.6b
• Samvardhana Motherson (MOTHERSO): 1Q Net Income -51% Y/y to 1.41b rupees, misses est. 2.15b; revenue +9% to 176.1b
• Sobha (SOBHA): 1Q profit 137m rupees vs 108m Y/y; Sales 5.8b vs 5.1b
• Tata Chemicals (TTCH) 1Q profit 5.89b rupees vs 2.88b Y/y; sales 39.95b vs 29.8b
• Torrent Power (TPW): 1Q Net Income 5.02b rupees vs. 2.07b y/y, beats est. 3.84b; Revenue 65.1b vs. 31b
• Whirlpool India (WHIRL): 1Q net income 779m rupees vs. 233.4m y/y, misses est. 1.09b; revenue +48% to 19.8b
By: via @AlliesFin Serve Stock Market
@AlliesFin Serve Stock Market's Post
Dow -58.13 pts ,Nsdq -150.53 pts, S&P
-17.59 pts, Bovespa +248 pts , Ftse +5 pts , Dax -152 pts , Cac -34 pts , Crude @ $90.21 brl (-0.29), Brent @ $96.11 brl (-0.20) , Gold @ 1809.20 (-3.30), Silver @ $20.48 (-0.00), Euro @ $1.0248, JPY @ $135.19, INR @ 79.563
Today's Corporate Action
10th Aug Ex Date
CUB
Dividend - Rs. - 1.0000
DIVSHKT
Final Dividend - Rs. - 2.0000
GESHIP
Interim Dividend - Rs. - 5.4000
KALYANIFRG
Final Dividend - Rs. - 3.0000
KEMP
Final Dividend - Rs. - 4.0000
NHPC
Final Dividend - Rs. - 0.5000
NTPC
Final Dividend - Rs. - 3.0000
SANGHVIMOV
Dividend - Rs. - 1.0000
SANSERA
Dividend - Rs. - 2.0000
SIL
Dividend - Rs. - 0.7500
VAIBHAVGBL
Interim Dividend - Rs. - 1.5000
Stock under F&O ban on NSE
10-Aug-22
1BALRAMCHIN
2DELTACORP
3ESCORTS
By: via @AlliesFin Serve Stock Market
-17.59 pts, Bovespa +248 pts , Ftse +5 pts , Dax -152 pts , Cac -34 pts , Crude @ $90.21 brl (-0.29), Brent @ $96.11 brl (-0.20) , Gold @ 1809.20 (-3.30), Silver @ $20.48 (-0.00), Euro @ $1.0248, JPY @ $135.19, INR @ 79.563
Today's Corporate Action
10th Aug Ex Date
CUB
Dividend - Rs. - 1.0000
DIVSHKT
Final Dividend - Rs. - 2.0000
GESHIP
Interim Dividend - Rs. - 5.4000
KALYANIFRG
Final Dividend - Rs. - 3.0000
KEMP
Final Dividend - Rs. - 4.0000
NHPC
Final Dividend - Rs. - 0.5000
NTPC
Final Dividend - Rs. - 3.0000
SANGHVIMOV
Dividend - Rs. - 1.0000
SANSERA
Dividend - Rs. - 2.0000
SIL
Dividend - Rs. - 0.7500
VAIBHAVGBL
Interim Dividend - Rs. - 1.5000
Stock under F&O ban on NSE
10-Aug-22
1BALRAMCHIN
2DELTACORP
3ESCORTS
By: via @AlliesFin Serve Stock Market
Monday 8 August 2022
@AlliesFin Serve Stock Market's Post
NaMaste!!
*Good Morning*
• India Plans Contentious Law to Cut $75 Billion Utility Debt
• Indian Households Expect Inflation to Moderate, Says RBI Survey
• India Keeps Hawkish Stance After Delivering Half-Point Hike
• Indian Fuel Sellers Post Big Losses to Shield Customers
• Fintech Firm Paytm’s Quarterly Loss Widens Almost 70% on Costs
• India to Allow More Sugar Exports to Avoid Contract Defaults
• Sugar Futures Post Weekly Gain on Shrinking Brazilian Crop
• India Proposes Antitrust Law Revamp To Tighten Deals’ Scrutiny
• Binance CEO Denies Owning India’s Top Exchange Amid Asset Freeze
• UK Auto-Capital Mayor Wants India to Rev Up Motorcycle Industry
• India Official Reserves Rise After Four Weeks of Decrease
• Adani Ports to Report Results: Preview
• Bharti Airtel May Post Record Profit After Tariff Hike: Preview
• Global Funds Buy Net 16.1B Rupees of India Stocks Aug. 5 : NSE
o Domestic funds sell net 4.96b rupees of stocks
• Foreign Investors Buy Net INR17.3B of India Equities on Aug. 4
• Foreigners Sell Net INR6.16B of Indian Equity Derivatives Aug. 5Fails
• Affle India (AFFLE): 1Q net income +53% Y/y to 545.3m rupees, beats est. 517.5m; revenue 3.47b rupees vs. 1.52b
• Amara Raja Batteries (AMRJ): 1Q net income +5.6% Y/y to 1.31b rupees, est. 1.17b; revenue +39% to 26.2b
• Bharat Petroleum (BPCL): 1Q net loss 62.9B rupees, est. loss 22.9B; revenue +54% to 1.38T
• Coal India (COAL): To Seek Shareholders’ Approval for New Businesses; Plans Foray Into Lithium, Hydrogen, Battery Storage, Says in Annual Report
• Engineers India (ENGR): 1Q group net profit 648.1m rupees vs 26.8m Y/y; revenue 8.15b vs. 7.46b; to enter strategic pact with DEEP.KBB GmbH, for salt cavern projects
• Hindustan Petroleum (HPCL): 1Q net loss 102B rupees, est. loss 49.7B; revenue +57% to 1.21T
• Indian Overseas Bank (IOB): 1Q net income 3.92B Rupees Vs. 3.27B Y/y
• IRB Infrastructure (IRB): 1Q net income 3.63b rupees vs. 719.1m y/y, beats est. 738.2m; revenue +18% to 19.2b
• Mahanagar Gas (MAHGL): 1Q net income -9.3% Y/y to 1.85 billion rupees, beats est. 1.42b; Revenue jump to 15.93b vs. 6.67b y/y
• Marico (MRCO): 1Q net income +3.1% Y/y to 3.71b rupees, +3.1% y/y, estimate 3.69 bil Meets Estimates
• Maruti Suzuki (MSIL): LIC Cut holding in Maruti Suzuki to 4.2% from 6.2% Via market sale
• One 97 Communications (PAYTM): 1Q net loss 6.44B rupees vs. loss 3.8B Y/y; revenue +89% to 16.8b
• Petronet LNG (PLNG): Discussing Renewal of Long-Term Contract With Qatar;Not Expecting Supply Default by Long-Term Suppllier
• State Bank of India (SBIN): 1Q net profit -6.6% Y/y to 60.7b rupees, misses est. 83.9b, Provisions -39% Q/q to 43.9b; Gross NPA 3.91 vs 3.97 q/q
By: via @AlliesFin Serve Stock Market
*Good Morning*
• India Plans Contentious Law to Cut $75 Billion Utility Debt
• Indian Households Expect Inflation to Moderate, Says RBI Survey
• India Keeps Hawkish Stance After Delivering Half-Point Hike
• Indian Fuel Sellers Post Big Losses to Shield Customers
• Fintech Firm Paytm’s Quarterly Loss Widens Almost 70% on Costs
• India to Allow More Sugar Exports to Avoid Contract Defaults
• Sugar Futures Post Weekly Gain on Shrinking Brazilian Crop
• India Proposes Antitrust Law Revamp To Tighten Deals’ Scrutiny
• Binance CEO Denies Owning India’s Top Exchange Amid Asset Freeze
• UK Auto-Capital Mayor Wants India to Rev Up Motorcycle Industry
• India Official Reserves Rise After Four Weeks of Decrease
• Adani Ports to Report Results: Preview
• Bharti Airtel May Post Record Profit After Tariff Hike: Preview
• Global Funds Buy Net 16.1B Rupees of India Stocks Aug. 5 : NSE
o Domestic funds sell net 4.96b rupees of stocks
• Foreign Investors Buy Net INR17.3B of India Equities on Aug. 4
• Foreigners Sell Net INR6.16B of Indian Equity Derivatives Aug. 5Fails
• Affle India (AFFLE): 1Q net income +53% Y/y to 545.3m rupees, beats est. 517.5m; revenue 3.47b rupees vs. 1.52b
• Amara Raja Batteries (AMRJ): 1Q net income +5.6% Y/y to 1.31b rupees, est. 1.17b; revenue +39% to 26.2b
• Bharat Petroleum (BPCL): 1Q net loss 62.9B rupees, est. loss 22.9B; revenue +54% to 1.38T
• Coal India (COAL): To Seek Shareholders’ Approval for New Businesses; Plans Foray Into Lithium, Hydrogen, Battery Storage, Says in Annual Report
• Engineers India (ENGR): 1Q group net profit 648.1m rupees vs 26.8m Y/y; revenue 8.15b vs. 7.46b; to enter strategic pact with DEEP.KBB GmbH, for salt cavern projects
• Hindustan Petroleum (HPCL): 1Q net loss 102B rupees, est. loss 49.7B; revenue +57% to 1.21T
• Indian Overseas Bank (IOB): 1Q net income 3.92B Rupees Vs. 3.27B Y/y
• IRB Infrastructure (IRB): 1Q net income 3.63b rupees vs. 719.1m y/y, beats est. 738.2m; revenue +18% to 19.2b
• Mahanagar Gas (MAHGL): 1Q net income -9.3% Y/y to 1.85 billion rupees, beats est. 1.42b; Revenue jump to 15.93b vs. 6.67b y/y
• Marico (MRCO): 1Q net income +3.1% Y/y to 3.71b rupees, +3.1% y/y, estimate 3.69 bil Meets Estimates
• Maruti Suzuki (MSIL): LIC Cut holding in Maruti Suzuki to 4.2% from 6.2% Via market sale
• One 97 Communications (PAYTM): 1Q net loss 6.44B rupees vs. loss 3.8B Y/y; revenue +89% to 16.8b
• Petronet LNG (PLNG): Discussing Renewal of Long-Term Contract With Qatar;Not Expecting Supply Default by Long-Term Suppllier
• State Bank of India (SBIN): 1Q net profit -6.6% Y/y to 60.7b rupees, misses est. 83.9b, Provisions -39% Q/q to 43.9b; Gross NPA 3.91 vs 3.97 q/q
By: via @AlliesFin Serve Stock Market
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