Monday 31 October 2022

Allies Fin Serve Stock Market's Post

TATA STEEL: Q2 CONS NET PROFIT 15.14B RUPEES VS 119B (YOY); EST 25.5B | 77.65B (QOQ) || Q2 REVENUE 599B RUPEES VS 604B (YOY); 634.3B (QOQ)

TATA STEEL: Q2 EBITDA 60.61B RUPEES VS 165B (YOY) || Q2 EBITDA MARGIN 10% VS 27.3% (YOY)

TATA STEEL: CO SAYS OPERATING ENVIRONMENT SHOULD GRADUALLY IMPROVE IN 2H ON GOVERNMENT MEASURES AND RESTOCKING

TATA STEEL: CO SAYS ENERGY COSTS IN EUROPE CONTINUE TO REMAIN A KEY WATCHPOINT || LIQUIDITY POSITION CONTINUES TO BE STRONG, CREDIT METRICES REMAIN AT INVESTMENT GRADE LEVELS

TATA STEEL: CO SAYS WORK HAS COMMENCED ON SETTING UP 0.75 MTPA ELECTRIC ARC FURNACE IN PUNJAB || MARGINS SHOULD BENEFIT ACROSS GEOGRAPHIES FROM GRADUAL RECOVERY IN INDIAN MARKETS, FAVOURABLE MOVEMENT IN RAW MATERIAL PRICES
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Forthcoming Event

31st October: SUPREMEIND, TCIEXP to consider Dividend; Vishnu Chemicals to consider Stock Split; LT Foods Ltd. to consider Dividend & Fund raising; Murudeshwar Ceramics, Sumit Woods to consider Fund raising

01st November: TECHM to consider Dividend; Dhanuka Agritech to consider Buyback; Macrotech Developers, Spandana Sphoorty Financial, Timex Group India to consider Fund raising

02nd November: DALBHARAT, JAMNAAUTO, SHAREINDIA to consider Dividend; CL Educate to consider Bonus issue; Triveni Turbine to consider Buyback; Adani Transmission, Anka India to consider Fund raising

03rd November: AMARAJABAT, GMMPFAUDLR, NICCOPAR, SIYSIL to consider Dividend; Housing Development Finance Corporation, Ansal Properties to consider Fund raising; Capital Trade Links to consider Consolidation of Shares

04th November: AMRUTANJAN to consider Dividend; Jagran Prakashan, Orbit Exports to consider Buyback; TVS Motor Company to consider Fund raising; Capri Global Capital to consider Right Issue

05th November: EPL, MAANALU, POWERGRID to consider Dividend; Triveni Engineering to consider Buyback; Mefcom Capital Markets to consider Stock Split

07th November: COALINDIA, INDAG, INDSILHYD, OCCL to consider Dividend; Gloster Ltd. to consider Bonus issue; Gradiente Infotainment to consider Fund raising

08th November: Filatex India to consider Stock Split; MRF to consider Dividend & Fund raising

09th November: ASMTEC, MSTCLTD, PETRONET to consider Dividend

10th November: CONCOR, PAGEIND to consider Dividend; Alstone Textiles (India) to consider Bonus issue & Consolidation of Shares; Dugar Housing Developments to consider Reduction of Capital

11th November: EMAMILTD, ESABINDIA, INDTONER to consider Dividend

12th November: MANAPPURAM, ONGC to consider Dividend
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Telegram.me/AlliesFin

RBI increases interest rate on floating rate bonds to 7.69%
This interest rate will be applicable for the October 30, 2022-to April 29, 2023 period

The Reserve Bank of India (RBI) on October 28 announced a 231 basis point higher rate of interest on the government's Floating Rate Bond (FRB), 2034, at 7.69 percent per annum. One basis point is one-hundredth of a percentage point.(SOHIL SANGHVI 9833260254)

This interest rate will be applicable for the half-year period from October 30, 2022 to April 29, 2023.

"It may be recalled that FRB, 2034 will carry a coupon, which will have a base rate equivalent to the average of the Weighted Average Yield (WAY) of last three auctions of 182 Day T-Bills, plus a fixed spread (0.98%)," the central bank said in a release.

On April 29, the RBI had set interest on GOI FRB 2034 at 5.38 percent for the April 30, 2022-October 29, 2022 period.

Floating Rate Bonds are securities that do not have a fixed coupon rate. They have a variable coupon rate which is re-set at preannounced intervals.

The FRB bonds carry a coupon with a base rate equivalent to a weighted average yield of the last three auctions of 182-day Treasury Bills (T-Bill) plus a fixed spread decided by way of auction.

Since the start of this financial year, yields on T-Bills have risen more than 3 percent after the rate hike by the RBI and the systematic withdrawal of liquidity from the banking system.

In the auction held on October 27, the cut-off yield on the 91-day T-Bill was set at 6.3994 percent, 182-day at 6.7195 percent, and 6.9197 percent on 364-day.

Investors helpdesk +919869958999
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Elon Musk says Twitter's board and Wachtell law firm "deliberately hid evidence from the court."

Twitter Blue will soon reportedly include a verification badge for $20/month. #twitter #elonmusk
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

• Aggressive Loan Recovery Methods Unacceptable, RBI Governor

• India Tweaks Internet Rules to Allow Social Media Appeals

• US Secy Blinken, India’s Jaishankar Discussed Counterterrorism

• India Modi Says Recent Satelite Launch to Improve Digital Connectivity

• NTPC’s Profit Rises on Higher Electricity Demand in India

• Indian Oil 2Q Net Loss Lower Than Estimates on LPG Compensation

• India Extends Curbs on Sugar Exports Until October 2023

• India’s SEBI Cuts Denomination for Debt Issued on Private Basis

• Vedanta’s Profit More Than Halves as Costs Weigh, Prices Weaken

• UK-Backed Fund Invests in India Green Hydrogen Maker Hygenco

• India’s PC Jeweller Says No Fresh Default in its Accounts

• Top India Carmaker Beats Profit Forecast as Supply Woes Ease

o Revenue rose 46%, beating est., while costs surged 36%

• AMNS India Plans $7.3B Expansion to Boost Gujarat Mill Capacity

• India Forex Reserves Fall $3.85b to $524.5b in Week to Oct. 21

• Indian Stocks Advance for Second Week on Boost from Financials

• Bharti’s 5G Strategy in Focus as Revenue Growth Slows: Preview

• Larsen to Report Results; Shares Up 4.3% YTD: Preview

• Tata Steel to Report Results; Shares Down 8.9% YTD: Preview

• Global Funds Buy Net 15.7B Rupees of India Stocks Friday: NSE

o Domestic funds sell net 6.13b rupees of stocks

• Adani Eyes $150 Billion Investment Across Businesses, PTI Says

• US, India Agree to Postpone Trade Policy Forum to 2023, ANI Says

• Saudi Crown Prince May Visit India in Mid-November, ET Says

• India, Gulf Nations to Start Free Trade Pact Talks in Nov.: PTI

• Tata Seeks $1.8 Billion Working Capital Loan for Air India: ET

• India’s LIC Plans Changes to Revive Stock, Reuters Reports
• 4:00pm: India Fiscal Deficit in rupees for April- September

• 5:30pm: September Eight Infrastructure Industries, prior 3.3%

• Bandhan Bank (BANDHAN): 2Q net income 2.09b rupees vs. loss 30.1b Y/y, misses est. 8.85b, Provisions 12.8b vs. 6.42b q/q; gross NPA 7.19% vs. 7.25% q/q

• Blue Dart (BDE):2Q net income 920.1m rupees Vs. 894.8m Y/y; revenue +18% to 13.25b

• Dr Reddy’s (DRRD): 2Q net income +12% Y/y to 11.1b rupees, beats est. 7.61b; revenue +9.5% to 63.1b

• Eveready Industries (EVRIN): 2Q Net Income 147.3M Rupees Vs. 310.4M Rupees Y/y

• Hero MotoCorp (HMCL): Hero Honda: Significant Gain in Market Share on Festive Sales

• Indian Oil Corp. (IOCL): 2Q net loss 2.7b rupees vs. profit 63.6b Y/y, est. 68.86b; revenue +34% to 2.3 trln

• Intellect Design (INDA): 2Q net income -42% Y/y to 457.7m rupees, misses est. 735.8m; revenue +17% to 5.28b

• JSW Energy (JSW): 2Q Net Income +37% Y/y to 4.66b rupees, misses est. 6.7b; revenue +14% to 23.9b

• Kopran (KOP): Acquires API manufacturing unit of Abhinandan Rasayan

• Maruti Suzuki (MSIL): India Auto Industry Seen Growing 8% Next Year: Maruti Chairman; Major Gains in 2Q on Rupee Becoming Stronger Than Yen

• Mangalore Refinery & Petrochem (MRPL):2Q net loss 17.9b rupees, revenue +60% Y/y to 284.5b

• NTPC (NTPC): 2Q net income +5.4% Y/y to 33.3b rupees, misses est. 35.97b; revenue +39% to 410.2b

• Reliance (RIL): World’s Richest Family Is Starting to Spend $225 Billion Fortune

• Steel Authority (SAIL): Sail, AAI in Pact to Facilitate Rourkela Airport Commercial Ops

• Tata Power (TPWR): 2Q Net Income +94% Y/y to 8.19b rupees, meets est. 8.14b; revenue +43% to 140.3b

• Vedanta (VEDL): 2Q Net Income -61% Y/y to 18.1b rupees, misses est. 20.36b; revenue +21% to 362.4b; Ebitda margin 25% vs. 40% y/y
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty +173 pts (18010) from last trade 17837 ,*

Nikkei +322 pts ,
Hangseng -32 pts ,
Now @6.56am .

Dow +828.52 pts ,Nsdq +309.78 pts, S&P
+93.76 pts , Bovespa -101 pts , Ftse -26 pts , Dax +32 pts , Cac +29 pts , Crude @ $88.33 brl (+0.43), Brent @ $96.21 brl (+0.44) , Gold @ 1647.50 (+2.70), Silver @ $19.175 (+0.02), Euro @ $0.9957, JPY @ $147.70, INR @ 82.265


*US GOVT. 10-YEAR YIELD : 4.05%*


*Today's Corporate Action, 31 Oct Ex Date :*

ASIANPAINT
Interim Dividend - Rs. - 4.4000
COLPAL
Interim Dividend - Rs. - 18.0000
DCMSHRIRAM
Interim Dividend - Rs. - 4.6000
EMBASSY
Income Distribution
FLUOROCHEM
Interim Dividend - Rs. - 2.0000
ISEC
Interim Dividend - Rs. - 9.7500
KPIGREEN
Interim Dividend - Rs. - 0.2500
NESTLEIND
Interim Dividend - Rs. - 120.0000
SANINFRA
Stock  Split From Rs.10/- to Rs.1/-
SASKEN
Interim Dividend - Rs. - 12.0000
SONATSOFTW
Interim Dividend - Rs. - 7.0000
SYMPHONY
Interim Dividend - Rs. - 2.0000
TDPOWERSYS
Stock  Split From Rs.10/- to Rs.2/-


*Today's Key Results/Board Meetings, 31-Oct-22 :*

3IINFOTECH
General;Quarterly Results
AGI
General;Quarterly Results
AKASHDEEP
Quarterly Results  
AURIONPRO
Quarterly Results  
BENARAS
General;Quarterly Results
BHAGYAPROP
Quarterly Results  
BHARTIARTL
Quarterly Results  
BIRLACABLE
Quarterly Results  
CASTROLIND
Quarterly Results  
CHANDRAP
General;Quarterly Results
COLINZ
Quarterly Results  
DAAWAT
Interim Dividend;Quarterly Results
DATAPATTNS
Quarterly Results  
DAULAT
Quarterly Results  
DGCONTENT
Quarterly Results  
EQUITASBNK
Quarterly Results  
FINOPB
Audited Results  
GHCL
Quarterly Results  
HINDBIO
Quarterly Results  
ICSL
General;Quarterly Results
INRADIA
Quarterly Results  
JLMORI
Quarterly Results  
LGBBROSLTD
Audited Results  
LT
Quarterly Results  
MANOMAY
Half Yearly Results  
MARUTISE
Quarterly Results  
MOLDTEK
General;Quarterly Results
MSUMI
Quarterly Results  
MURUDCERA
Issue Of Warrants;Quarterly Results
RADIOCITY
Quarterly Results  
RAJPALAYAM
Quarterly Results  
RRIL
Quarterly Results  
SAIJEEV
Quarterly Results  
SAREGAMA
Quarterly Results  
SERIND
Quarterly Results  
SHINEFASH
Half Yearly Results  
SPAL
Quarterly Results  
SUPREMEIND
Interim Dividend;Quarterly Results
SURANASOL
Quarterly Results  
SWARAJENG
Quarterly Results  
TATASTEEL
General;Quarterly Results
TCIEXP*
Interim Dividend;Quarterly Results
TEEAI
Quarterly Results  
TIMKEN
Quarterly Results  
VINCOFE
Quarterly Results  
VISHNU
Quarterly Results;Stock  Split
VSTTILLERS
Quarterly Results  
WELLNESS
General    
WELSPLSOL
Quarterly Results


*SEC. IN F&O BAN FOR, 31-Oct-22 :*

*NIL*
By: via Allies Fin Serve Stock Market

Saturday 29 October 2022

Allies Fin Serve Stock Market's Post

SGX ABOVE 18000.

If this happens on Monday then NIFTY will be 1000 points up from Last Review on 13 October 2022.

refer this link
https://telegram.me/AlliesFin/12182

THIS IS JUST THE BEGINNING ?
By: via Allies Fin Serve Stock Market

Friday 28 October 2022

Allies Fin Serve Stock Market's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 28-10-2022 :*

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

*TOTAL NET BUY : +2977*

*INDEX FUT. : -623*

*INDEX OPT. : +4246*

*STOCK FUT. : -790*

*STOCK OPT. : +144*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 28-OCT-22 : (Rs. CRS)*

*FIIS : BUY +1,568 (7,177-5,609)*

*DIIS : SELL -613 (5,092-5,706)*

*BSE SENSEX : +203 (59,960)*

*NSE NIFTY : +50 (17,787)*

*BSE MIDCAP. : -104 (25,047)*

*BSE SMLCAP. : -177 (28,688)*

*B. CRUDE : $ 96.06*

*GOLD: $1650=INR 50,220(10gr)*

*SILVER : RS. 58,580 (kg) (5pm) *

*FOREX : RS. : $ 82.47*

*6.54% GOI '32 : 7.4510% (93.99)*

*7.26%NEW GOI '32: 7.4161%(98.91)*

*7.54% GOI '36 : 7.5034% (100.30)*
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

*India Daybook – Stocks in News*


*Tata Chemicals:* Net profit at Rs 680 cr vs Rs 268 cr, Revenue up 40.3% at Rs 4,239 cr vs Rs 3,022 cr (YoY) (Positive)

*Dhanuka Agritech:* Company to consider share buyback through tender route on Nov 1 (Positive)

*Infibeam Avenues:* Company gets RBI’s approval for payment aggregator licence (Positive)

*Vedanta:* 10-year extension for Vedanta of the Production Sharing Contract (PSC) for its Rajasthan gas block (Positive)

*Eros Media World:* Collaborates with Ministry of Investment in Kingdom of Saudi Arabia to explore opportunities in Film & Entertainment content production (Positive)

*Anupam Rasayan:* Net profit up 15.2% at Rs 41.5 cr Vs Rs 36 cr, Revenue up 55.2% at Rs 386.2 cr Vs Rs 248.9 cr (YoY) (Positive)

*Newgen Software:* Marathon Edge India Fund I acquired additional 20 lakh equity shares in the company (Positive)

*LT Foods:* Bright Metal Refiners bought 19.3 lakh shares at Rs 133.12/ share (Positive)

*IDBI Bank:* Amendment to the Preliminary Information Memorandum for inviting Expression of Interest (Positive)

*Vascon:* Signed its 1st Redevelopment Project for Ohm Sainath Cooperative Housing Society located at Santacruz (Positive)

*Zee Ent:* Groups agree to sell 3 Hindi channels to address anti-competition concerns (Positive)

*Sigachi Ind:* Cons Rev 82.5 cr vs 57.2 cr; up 44.2 % YoY Cons PAT 13.6 cr vs 9.9 cr; up 37% YoY (Positive)

*Gokaldas:* Cons Rev 569 cr vs 444 cr YoY; up 30%. Cons PAT 45.8 cr vs 28.6 cr YoY (Positive)

*Grasim Ind:* Company to consider raising funds Via NCDs on Nov 1 (Neutral)

*Nykaa:* Company appoints Rajesh Uppalapati as CTO w.e.f November 1 (Neutral)

*ABAMC:* Profit up 10.8% at Rs 191.7 cr Vs Rs 173.1 cr, Revenue down 6.3% at Rs 311.1 cr Vs Rs 332 cr (YoY) (Neutral)

*Spandana Sphoorty:* Company to consider raising funds via bond issue On November 01 (Neutral)

*Indus Tower:* Revenue at Rs 7,966.6 cr Vs Rs 6,897.3 cr (QoQ) Profit at Rs 871.8 cr Vs Rs 477.3 cr (QoQ) (Neutral)

*SBI Card:* Net profit up 52.4% at Rs 525.6 cr Vs Rs 344.9 cr (YoY) Revenue up 28% at Rs 3,297.1 cr Vs Rs 2,576.2 cr (YoY) (Neutral)

*CE Info Systems:* Recorded flat profit at Rs 25.37 crore for the Q2FY23 against Rs 25.39 crore YoY (Neutral)

*PC Jeweller:* Defaults on Rs 3,470 cr loan facilities in the July-Sep quarter

*Supreme Petrochem:* The company has reported a 53% year-on-year decline in standalone profit at Rs 59.64 crore for Q2FY23
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

• India’s Rate-Setting Panel to Hold Surprise Meet Next Week

o MPC said to to discuss inflation letter to govt: sources

• India’s Fertilizer Subsidy May Swell to $31 Billion on Gas Costs

• India Regulator Suggests Commercial Cultivation of GM Mustard

• India Textile Sector Aims Exports of $100b in 5-6 years: Goyal

• Dr Reddy’s to Report Results; Shares Down 8.4% YTD: Preview

• Yen Depreciation, Cooling Costs to Help Maruti Suzuki: Preview

• Tata Power to Report Results; Shares Up 1.4% YTD: Preview

• Vedanta to Report Results; Shares Down 14.5% YTD: Preview

• Global Funds Buy Net 28.2B Rupees of India Stocks Thursday: NSE

o Domestic funds sell net 15.8b rupees of stocks

• JioMart on WhatsApp a big opportunity for us, says Mark Zuckerberg: Economic Times

• India to see biggest jump in energy demand globally, IEA: PTI

• Byju’s borrows 3 billion rupees from Aakash for ‘principal business activities’: Mint

• PM likely to lay foundation of ArcelorMittal’s Hazira plant expansion project Friday: PTI

• Hindustan Motors, European partner complete due diligence for EV project: PTI

• Anupam Rasayan (ANURAS): 2Q group profit 478.1m rupees vs. 360.5m year ago

• CE Info Systems (MAPMYIND): 2Q net profit 254.1m rupees vs 253.9m year ago; revenue 763.1m vs 566.8m

• Dhanuka Agritech (DAGRI): To consider share buyback proposal on Nov. 21, through Tender Offer

• Indus Towers (INDUSTOW): 2Q net income -44% Y/y to 8.72b rupees, misses est. 14.07b; revenue +16% to 79.7b

• Motilal Oswal Financial (MOFS): Says Motilal Oswal Finvest plans to raise as much as INR9b via bonds

• PNB Housing Finance (PNBHOUSI): 2Q net income 2.63b rupees Vs. 2.33b Y/y; revenue +6.4% to 16.7b; Gross NPA 6.06% vs. 6.35% q/q

• SBI Cards (SBICARD):2Q net income +52% Y/y to 5.26b rupees, misses est. 6.27b; revenue +28% to 33b

• Spandana Sphoorty (SPANDANA): Board to consider bond issue on Nov. 1

• Tata Chemicals (TTCH): 2Q net income 6.28b rupees vs. 2.21b y/y, beats est. 5.18b; revenue +40% to 42.4b

• Vedanta (VEDL): Gets 10-years extension from May 15, 2020, for production sharing contract for Rajasthan oil block
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

*SGX Nifty +40 pts (17843) from last trade 17803 ,*


Nikkei -181 pts ,
Hangseng -3 pts ,
Around @ 6.54am .


Dow +194.17 pts ,Nsdq -178.32 pts, S&P
-23.30 pts , Bovespa +1878 pts , Ftse +17 pts , Dax +15 pts , Cac -32 pts , Crude @ $88.54 brl (-0.54), Brent @ $96.56 brl (-0.40) , Gold @ 1665.90 (+0.30), Silver @ $19.485 (+0.00), Euro @ $0.9971, JPY @ $146.63, INR @ 82.375





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



FOCUS
Interim Dividend - Rs. - 0.3800
IIFLWAM
Interim Dividend - Rs. - 17.0000
KPIGREEN
Interim Dividend - Rs. - 0.2500
SANINFRA
Stock  Split From Rs.10/- to Rs.1/-
SYSCO
Resolution Plan -Suspension 




*Today's Key Results/Board Meetings*
*28-Oct-22*




AANCHALISP
General    
ALLSEC
Interim Dividend;Quarterly Results
ALUFLUOR
Quarterly Results  
APEX
Quarterly Results  
ASTEC
Quarterly Results  
BANDHANBNK
Quarterly Results  
BINDALEXPO
General    
BLUEDART
Quarterly Results  
CARBORUNIV
Quarterly Results  
CCL Quarterly Results  
DATAMATICS
General;Quarterly Results
DRAGARWQ
Quarterly Results  
DRHABEEB
General;Quarterly Results
DRREDDY
Quarterly Results  
DWARKESH
Quarterly Results  
EVEREADY
Quarterly Results  
GEE
Quarterly Results  
GREENCREST
Quarterly Results  
IFBIND
Quarterly Results  
INLCM
General;Quarterly Results
INTELLECT
Quarterly Results  
JSWENERGY
General;Quarterly Results
LANCER
Stock  Split  
LONTE
Quarterly Results  
MAHACORP
Quarterly Results  
MARUTI
Quarterly Results  
MINOLTAF
Quarterly Results  
MRPL
Quarterly Results  
NATCAPSUQ
General;Quarterly Results;Rights Issue
NGLFINE
Quarterly Results  
NIITLTD
Quarterly Results  
OASISEC
Quarterly Results  
OLECTRA
Quarterly Results  
OZONEWORLD
Bonus issue;General  
PACL
Quarterly Results  
PONNIERODE
Quarterly Results  
PROFINC
General    
RAMCOIND
Quarterly Results  
RANEHOLDIN
Quarterly Results  
RAPICUT
Quarterly Results  
SAGARPROD
Quarterly Results  
SAPPL
Right Issue of Equity Shares;Rights Issue
SATIA
Quarterly Results  
SATIN
Quarterly Results  
SHALPRO
Quarterly Results  
SONACOMS
Quarterly Results  
SUMICHEM
Quarterly Results  
TATAPOWER
Quarterly Results  
TELESYS
General;Preferential Issue of shares
TRADWIN
A.G.M.;Audited Results;Quarterly Results
TTKHEALTH
Quarterly Results  
VALECHAENG
Quarterly Results  
VEDL
Quarterly Results  
VIVIDHA
Quarterly Results  
VTMLTD
Quarterly Results  
WSIND
General    
ZENOTECH
Quarterly Results





*Stock under F&O ban on NSE*
*28-Oct-22*



None
By: via Allies Fin Serve Stock Market

Thursday 27 October 2022

Allies Fin Serve Stock Market's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 27-10-2022 :*

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

*TOTAL NET BUY : +24081*

*INDEX FUT. : +4104*

*INDEX OPT. : +17261*

*STOCK FUT. : +2556*

*STOCK OPT. : +160*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 27-OCT-22 : (Rs. CRS)*

*FIIS : BUY +2,818 (13,489-10,671)*

*DIIS : SELL -1,580 (4,797-6,377)*

*BSE SENSEX : +213 (59,757)*

*NSE NIFTY : +81 (17,737)*

*BSE MIDCAP. : +111 (25,152)*

*BSE SMLCAP. : +118 (28,866)*

*B. CRUDE : $ 97.00*

*GOLD: $1662=INR 50,490(10gr)*

*SILVER : RS. 58,580 (kg) (5pm) *

*FOREX : RS. : $ 82.49*

*6.54% GOI '32 : 7.4348% (94.09)*

*7.26%NEW GOI '32: 7.4117%(98.94)*

*7.54% GOI '36 : 7.5034% (100.30)*
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Gujarat Lands Mega Rs 22,000-Crore Project With Tatas And Airbus

https://www.ndtv.com/india-news/gujarat-lands-another-mega-project-with-tatas-and-airbus-3466620
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

India Daybook – Stocks in News


Century Tex: Net profit up 60.2% at ₹71.6 cr vs ₹44.7 cr, Revenue up 21.3% at ₹1,210.8 cr vs ₹998 cr (YoY) (Positive)

ICICI Bank: Net Profit At Rs 7,557.8 Cr Vs Poll Of Rs 7,364.8 Cr, Net Interest Income At Rs 14787.0 Cr Vs Poll Of Rs 13950.0 Cr (Positive)

Hero MotoCorp: Company to partner with Terrafirma Motors Corporation (TMC) to sell motorcycles in Phillipines (Positive)

Dabur: Company to acquire 51% stake in Badshah Masala for ₹587.5 cr (Positive)

Trident: Completes New Solar Power Project of 8.87 MWp at Budhni, Madhya Pradesh (Positive)

KSCL: Board to meet today for Consideration Buyback of Shares (Positive)

Punjab Alkalies: Quant Mutual Fund bought 4556962 at 79.00 (Positive)

Intellect: Announced the launch of iESG, a global ESG solution designed for financial institutions (Positive)

Tata Power: Tata Power Renewable Energy Limited (TPREL) has launched off-grid solar solutions in West Bengal, Bihar, and Jharkhand (Positive)

Oil upstream stocks: Oil prices continue climb on strong crude demand, weaker dollar (Positive)

Zydus Life: Receives final approval from the USFDA for Micafungin for Injection (Positive)

IIFL Finance: Revenue at Rs. 2022 cr vs Rs. 1667 cr, up 21.3%. Net Profit at Rs. 397 cr vs Rs. 291 cr, up 36.4% (Positive)

Zee Ent: Groups agree to sell 3 Hindi channels to address anti-competition concerns (Positive)

Defense stocks: Indian Army issues shopping list for 750 drones under emergency procurement (Positive)

Radico Khaitan: Company launches ready-to-drink variants for vodka brand (Positive)

Gland Pharma: Reports Q2 net profit at ₹241.2 cr vs poll of ₹251 cr (Neutral)

Dabur: Company reports Q2 net profit at ₹490.9 cr vs poll of ₹490 cr. EBITDA margin declines by 190 bps to 20.1% (Neutral)

LT Foods: Board meeting on Oct 31 to consider raising funds (Neutral)

Amara Raja: To Be Excluded From Futures & Options (Neutral)

IndusTower: Along With Results Board to Consider Fund Raising Via NCDs (Neutral)

CSB Bank: Nomura Singapore sold 26.4 lakh shares at Rs 232.2/sh. Maybank sec bought 26.4 lakh shares at Rs 232.3/sh (Neutral)

M&M: Mahindra Electric Automobile Limited has been incorporated in Mumbai on 25th Oct, 2022 (Neutral)

PCBL: Revenue at Rs. 1628 cr vs Rs. 1068 cr, up 52.5%. EBITDA at Rs. 189 cr vs Rs. 187 cr, up 1.4% YoY (Neutral)

Dabur: Revenue at Rs. 2986 cr vs Rs. 2818 cr, up 6%.EBITDA at Rs. 601 cr vs Rs. 621 cr, down -3.2% YoY) (Neutral)

Thirumalai: Net profit down 32.2% at ₹34.3 cr vs ₹50.6 cr, Revenue up 19.9% at ₹572.1 cr vs ₹477.1 cr (YoY)

PFC: HDFC MF sold 2.08% stake in co on Oct 21

Glenmark: US FDA has placed the Baddi (India) facility under import alert 66-40

Chennai Petro: Net revenue 19509 cr vs 23162 cr QoQ; down 16%. EBIDTA 228 cr vs 3405 cr QoQ; down 93%

Crompton: Revenue at Rs. 1700 cr vs Rs. 1385 cr, up 22.7%. EBITDA at Rs. 193 cr vs Rs. 214 cr, down -9.8% YoY
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

#NMDC Spin Off
#alliesfin
NMDC Ltd Shareholders will be allotted 1 equity share of NMDC Steel Ltd for every 1 equity share of NMDC Ltd.
Ex Date: 27th Oct, 2022
Record Date: 28th Oct, 2022

All Futures & Options will expire on 25th Oct, 2022 and settled on 28th Oct, 2022.
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

SGX Nifty +255 pts (17907) from Tuesday's last trade 17652 ,


Nikkei -25 pts ,
Hangseng +404 pts ,
Around @ 6.52am .


Dow +2.37 pts ,Nsdq -228.12 pts, S&P
-28.51 pts , Bovespa -1861 pts , Ftse +42 pts , Dax +142 pts , Cac +25 pts , Crude @ $88.17 brl (+0.26), Brent @ $95.69 brl (+0.00) , Gold @ 1669.30 (+0.10), Silver @ $19.535 (+0.04), Euro @ $1.0088, JPY @ $146.12, INR @ 81.905





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




BEPL
Interim Dividend - Rs. - 1.0000
ICICIGI
Interim Dividend - Rs. - 4.5000
INFY
Interim Dividend - Rs. - 16.5000
KSOLVES
Interim Dividend - Rs. - 4.5000
LTTS
Interim Dividend - Rs. - 15.0000
NMDC
Spin Off     
PRANAVSP
Amalgamation   




*Today's Key Results/Board Meetings*
*27-Oct-22*



ABSLAMC
Quarterly Results  
ANURAS
Quarterly Results  
BALAMINES
Quarterly Results  
BANARBEADS
Quarterly Results  
DBSTOCKBRO
General;Quarterly Results
DHARSUGAR
Audited Results  
GANGOTRI
Quarterly Results  
GOKEX
Quarterly Results  
HITKITGLO
General    
IMFA
Interim Dividend;Quarterly Results
INDUSTOWER
Audited Results;General;Quarterly Results
JETFREIGHT
Right Issue of Equity Shares;General
JMDVL
Quarterly Results  
KGES
Half Yearly Results  
KSCL
Buy Back of Shares  
LATENTVIEW
Quarterly Results  
LLOYDSTEEL
General;Quarterly Results
MANRAJH
Quarterly Results  
MAPMYINDIA
General;Quarterly Results
OILCOUNTUB
Audited Results  
PASARI
Quarterly Results  
PCJEWELLER
Quarterly Results  
PNBHOUSING
Quarterly Results  
PODARPIGQ
Quarterly Results  
PREMEXPLQ
Quarterly Results  
RAJNISH
General;Quarterly Results
RECLTD
Interim Dividend;Quarterly Results
SAINTGOBAIN
Quarterly Results  
SBICARD
Quarterly Results  
SHRGLTR
Quarterly Results  
SIGACHI
Quarterly Results  
SPLPETRO
Interim Dividend;Quarterly Results;Stock  Split
SUPER
Quarterly Results  
TAMJAIM
A.G.M.    
TATACHEM
Quarterly Results  
TIERRA
Quarterly Results  
TMB
Quarterly Results  
VAIBHAVGBL
Interim Dividend;Quarterly Results
VGUARD
Quarterly Results  
VIMTALABS
Quarterly Results  
WIMPLAST
Quarterly Results  






*Stock under F&O ban on NSE*
*27-Oct-22*



1 BHEL

2 PNB
By: via Allies Fin Serve Stock Market

Wednesday 26 October 2022

Allies Fin Serve Stock Market's Post

Stock market is the perfect example of how Mata Shree Saraswatiji and Mata Shree Laxmiji work !

Mata Shree Saraswatiji is knowledge, be it technical or fundamental.
Mata Shree Laxmiji is return on investments.

Mata Shree Saraswatiji is the elder sister and Mata Shree Laxmiji always follows Mata Shree Saraswatiji wherever it goes.

Mata Shree Laxmiji will never sustain without Mata Shree Saraswatiji !

So , Preach Mata Shree Saraswatiji (TA or FA) and Mata Shree Laxmiji (Profits) will follow !

Without Knowledge , everything is a gamble.

Nutan Varshabhinandan

Saal Mubarak Samvat 2079
By: via Allies Fin Serve Stock Market

Tuesday 25 October 2022

Allies Fin Serve Stock Market's Post

25/10/2022
T.me/AlliesFin
BSE:-287(59543)
NSE:-74(17656)
MID:+111(25040)
SML:-100(28747)
*FII|FPI:-247Cr*
*DII:+872Cr*
B.Crude: 91
Gold$:1641=INR: 50444
Silver: 57046
$/Rs: 82.72
6.54 : 2032 G-Sec: 7.46
NSE PE: 21
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

#whatsapp not working since last 2 hours approx, people rushing to #twitter to check whether #whatsappdown or not ?
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

*MKT. UPDATES :*

*SGX Nifty +74 pts (17810) from last trade 17736 ,*

Nikkei +216 pts ,
Hangseng +61 pts ,
Around @ 6.53am .

Dow +417.06 pts ,Nsdq +92.90 pts, S&P
+44.59 pts , Bovespa -3916 pts , Ftse +44 pts , Dax +200 pts , Cac +95 pts , Crude @ $84.89 brl (+0.31), Brent @ $93.26 brl (+0.00) , Gold @ 1656.20 (+2.10), Silver @ $19.26 (+0.07), Euro @ $0.9887, JPY @ $148.85, INR @ 82.745


*US GOVT. 10-YEAR YIELD : 4.21%*


*Today's Corporate Action, 25 Oct Ex Date :*

CYIENT
Interim Dividend - Rs. - 10.0000


*Today's Key Results/Board Meetings, 25-Oct-22 :*

CHENNPETRO
Quarterly Results 
MOSCHIP
Quarterly Results 
NUTRICIRCLE
General;Quarterly Results


*Today's Alert :*

*RBI to Conduct Auction of SDLS BONDS for INR 277 Billion*
By: via Allies Fin Serve Stock Market

Monday 24 October 2022

Allies Fin Serve Stock Market's Post

Rishi Sunak looks all but certain to be named Britain’s new prime minister and its first Hindu leader, just in time for Diwali...
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

प्रणाम,

शुभं करोति कल्याणमारोग्यं धनसम्पदा।
शत्रुबुद्धिविनाशाय दीपज्योतिर्नमोऽस्तु ते॥

I fold my hands before the light that brings prosperity, auspiciousness, good health, abundance of wealth and destruction of the malevolent intent.

मैं उस प्रकाश को नमन करता हूँ जो समृद्धि, शुभता, अच्छा स्वास्थ्य, धन की प्रचुरता और शत्रु बुद्धि का विनाश लाता है ।

Wish You a Shubh Deepavali !!

Axiit Shah
Allies Fin Serve
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Muhurat Trading
https://www.instagram.com/reel/CkGBBmzjC7O/?igshid=YmMyMTA2M2Y=

Like Share Follow
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Samvat 2079 Roundtable: The era of unidirectional bets is over, says Enam Holdings' Manish Chokhani

https://www.moneycontrol.com/news/business/markets/samvat-2079-roundtable-the-era-of-unidirectional-bets-is-over-says-enam-holdings-manish-chokhani-9381181.html
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Shubh Deepawali :)

to all the traders and investors in our community.

Mother is a biggest trader
and
a father is a biggest investor in a family.

Read twice...

Axiit Shah
9869958999
Telegram @AlliesFin
Twitter @AlliesFin9
By: via Allies Fin Serve Stock Market

Sunday 23 October 2022

Allies Fin Serve Stock Market's Post

@AlliesFin

If you work for Money,
you will have to pay : 30% Plus TAX.

If money works for you,
you have to pay : 10% TAX (LTCG).

Make your Money work for You.

Let the Journey Begin...

Journey Assistance
+919869958999


By: via Allies Fin Serve Stock Market

Friday 21 October 2022

Allies Fin Serve Stock Market's Post

*Trading Tweaks*

*List of securities shortlisted in ASM Framework w.e.f. October 24, 2022*

1. BLS International Services Ltd*
2. Bonlon Industries Ltd
3. Goyal Aluminiums Ltd
4. Mac Hotels Ltd
5. Mayukh Dealtrade Ltd

*List of securities which shall continue in ASM framework but shall be moved to respective Lower Stage ASM w.e.f. October 24, 2022*

1. Gujarat Hy-Spin Ltd
2. International Travel House Ltd
3. Karan Woo Sin Ltd
4. Kuberan Global Edu Solutions Ltd
5. Lehar Footwears Ltd
6. Ruttonsha International Rectifier Ltd
7. Sindhu Trade Links Ltd
8. Xpro India Ltd
9. Sonal Mercantile Ltd
10. Shanti Educational Initiatives Ltd

*List of securities moving out of ASM Framework w.e.f. October 24, 2022.*

1. Ador Multiproducts Ltd
2. Bharat Road Network Ltd
3. Cinevista Ltd
4. Duroply Industries Ltd
5. Evexia Lifecare Ltd
6. Excel Realty N Infra Ltd
7. First Fintec Ltd
8. GCM Commodity & Derivatives Ltd
9. Glittek Granites Ltd
10. GRP Ltd
11. IFL Enterprises Ltd
12. Indokem Ltd
13. Jayshree Chemicals Ltd
14. Kamadgiri Fashion Ltd
15. Lee & Nee Softwares Exports Ltd
16. Nakoda Group of Industries Ltd
17. Navkar Urbanstructure Ltd
18. Osiajee Texfab Ltd
19. Shankar Lal Rampal Dye-Chem Ltd
20. Soma Textiles & Industries Ltd
21. Suumaya Corporation Ltd
22. Taylormade Renewables Ltd
23. Vardhman Polytex Ltd
24. Advance Syntex Ltd
25. Deep Energy Resources Ltd
26. Mauria Udyog Ltd
27. Mefcom Capital Markets Ltd
28. Mystic Electronics Ltd
29. Panorama Studios International Ltd
30. Ravinder Heights Ltd
31. Sal Automotive Ltd
32. Seasons Textiles Ltd
33. Shemaroo Entertainment Ltd
34. Sunil Agro Foods Ltd
35. V B Industries Ltd
36. Gujarat Investa Ltd
37. India Lease Development Ltd
38. Milkfood Ltd
39. Ravi Kumar Distilleries Ltd
40. Galactico Corporate Services Ltd
41. IND Renewable Energy Ltd
42. Tree House Education & Accessories Ltd
43. Atlanta Ltd
44. Ikab Securities & Investment Ltd
45. Galaxy Cloud Kitchens Ltd

*List of securities shortlisted in Short Term 5/15/30 Days ASM Framework w.e.f. October 24, 2022.*

1. BFL Asset Finvest Ltd
2. Cravatex Ltd
3. Parmax Pharma Ltd
4. Piccadily Agro Industries Ltd
5. Spenta International Ltd
6. Tips Films Limited*
7. Zodiac-JRD-MKJ 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. October 24, 2022.*

1. Oscar Global Ltd

*List of securities moving out of Short Term ASM Framework w.e.f. October 24, 2022.*

1. Dhani Services Ltd
2. Magnum Ventures Ltd
3. Pressman Advertising Ltd
4. Pritish Nandy Communications Ltd
5. Som Datt Finance Corporation Ltd**
6. Vinayak Polycon International Ltd**

*Graded Surveillance Measure (GSM) - List of securities moving into their respective GSM Stages with effect from October 24, 2022*

1. Servoteach Industries Ltd - Moved to GSM stage 2
2. Omkar Pharmachem Ltd - Moved to GSM stage 2
3. Sashwat Technocrats Ltd - Moved to GSM stage 3
4. Thambbi Modern Spinning Mills Ltd - Moved to GSM stage 3
5. Parenteral Drugs India Ltd - Moved to GSM stage 3
6. Grand Foundry Ltd - Moved to GSM stage 3

*CHANGE IN PRICE BAND with effect from October 24, 2022*

1. Cargotrans Maritime Limited - 20%
2. Cargosol Logistics Limited - 20%
3. STEELMAN TELECOM LIMITED - 20%
4. Trident Lifeline Limited - 20%
5. SILICON RENTAL SOLUTIONS LIMIT - 20%
6. REETECH INTERNATIONAL CARGO AN - 20%
7. Concord Control Systems Limite - 10%
8. INSOLATION ENERGY LIMITED - 10%
9. Dc Infotech and Communication Ltd - 10%
10. Techindia Nirman Ltd - 10%
11. Omkar Speciality Chemicals Ltd - 10%
12. Goyal Aluminiums Ltd - 10%
13. Rajeshwari Cans Ltd - 10%
14. Delhivery Ltd - 10%
15. Tips Films Ltd - 10%
16. Rich Universe Network Ltd - 5%
17. Jayant Infratech Ltd - 5%
18. Jindal Poly Investment and Finance Company Ltd - 5%
19. Diggi Multitrade Ltd - 5%
20. Brady & Morris Engineering Company Ltd - 5%
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

RIL to demerge financial services undertaking and list Jio Financial Services

https://www.moneycontrol.com/news/business/ril-to-demerge-financial-services-undertaking-and-list-jio-financial-services-9373621.html
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

BSE - NSE HOLIDAYS

1- Monday 24 October
2- Wednesday 26 October

Special Diwali Muhurat Trading of 1 hour at 6.15 pm to 7.15 pm

Regular Trading hours 9.15 am to 3.30 pm on Tuesday 25 Oct 2022.

Very Important
Stocks bought on Friday 21 Oct 2022 can not be sold on Monday 24 Oct Diwali Session & also cannot be sold on Tuesday 25 Oct in regular session.


By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

*Mkt updates :*

*SGX Nifty -50 pts (17495) from last trade 17545 ,*

Nikkei -121 pts ,
Hangseng +51 pts ,
Around @ 6.56am .

Dow -90.22 pts ,Nsdq -65.66 pts, S&P
-29.38 pts , Bovespa +896 pts , Ftse +18 pts , Dax +26 pts , Cac +46 pts , Crude @ $85.98 brl (+0.00), Brent @ $92.38 brl (+0.00) , Gold @ 1629.70 (-7.10), Silver @ $18.535 (-0.15), Euro @ $0.9773, JPY @ $150.21, INR @ 82.825


*US GOVT. 10-YEAR YIELD : 4.23%*


*Today's Corporate Action, 21 Oct Ex Date :*

ANJANIFOODS
Stock  Split From Rs.10/- to Rs.2/-
ATAM
Bonus issue 1:1 
AXITAStock 
Split From Rs.10/- to Rs.1/-
PERFEPA
Stock  Split From Rs.10/- to Rs.2/-REGENCY
Bonus issue 1:1 
TAINWALCHM
E.G.M.   
UNIVPHOTO
Special Dividend - Rs. - 10.0000
VGIL
Final Dividend - Rs. - 0.2000


*Today's Key Results/Board Meetings, 21-Oct-22 :*

Reliance Industries, Hindustan Unilever, Bajaj Finserv, HDFC Life Insurance Company, JSW Steel, SBI Life Insurance Company, Ambuja Cements, Hindustan Zinc, Amber Enterprises India, CSB Bank, DLF, Finolex Industries, IDBI Bank, IRB Infrastructure Developers, and United Spirits will be in focus ahead of quarterly earnings on October 21.


*SEC. IN F&O BAN FOR, 21 OCT, 2022 :*

*1 BHEL 2. DELTACORP 3. IBULHSGFIN 4. INDIACEM 5. ZEEL*

*ADDITION : NIL*
*DELETION : NIL*


*Today's Alert :*

*RBI to Conduct Auction of GOI BONDS for INR 300 Billion*
By: via Allies Fin Serve Stock Market

Thursday 20 October 2022

Allies Fin Serve Stock Market's Post

Dow -99.99 pts ,Nsdq -91.89 pts, S&P
-24.82 pts , Bovespa +531 pts , Ftse -11 pts , Dax -24 pts , Cac -26 pts , Crude @ $85.89 brl (+0.34), Brent @ $92.13 brl (+0.72) , Gold @ 1631.50 (-2.70), Silver @ $18.35 (-0.00), Euro @ $0.9762, JPY @ $149.87, INR @ 83.015


US GOVT. 10-YEAR YIELD : 4.15%


Today's Corporate Action, 20 OCT , EX- Date :

ANANDRATHI
Interim Dividend - Rs. - 5.0000
ANGELONE
Interim
Dividend - Rs - 9.0000
IRBINVIT
Income Distribution (InvIT)
JAICORPLTD
Dividend - Rs. - 0.5000


Today's Key Results/Board Meetings, 20-Oct-22 :

ITC, Asian Paints, Axis Bank, Bajaj Finance, Tata Consumer Products, Colgate Palmolive, Aarti Drugs, Canara Bank, Central Bank of India, Clean Science and Technology, Coforge, Dixon Technologies, Happiest Minds Technologies, ICRA, Indian Energy Exchange, ICICI Securities, L&T Finance Holdings, Mphasis, Nazara Technologies, Shriram Transport Finance, Symphony, Tanla Platforms, United Breweries, Union Bank of India, and UTI Asset Management Company will be in focus ahead of September FY23 quarter earnings on October 20.


SEC. IN F&O BAN FOR, 20 OCT, 2022 :

1 BHEL 2. DELTACORP 3. IBULHSGFIN 4. INDIACEM 5. ZEEL

ADDITION : NIL
DELETION : NIL
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

"When people don’t pay the true cost of something, they tend to consume it inefficiently."
Axiit
By: via Allies Fin Serve Stock Market

Wednesday 19 October 2022

Allies Fin Serve Stock Market's Post

Dollar flying or Rupee Falling,
Well explained...
Read More
https://telegram.me/AlliesFin/12219

Like Share Repost Retweet Save
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

@AlliesFin

A good piece of information on current affairs for general knowledge only. Nothing to do with pensioners issues and no politics.

Dollar flying or Rupee falling (Well Explained)

If someone has basic knowledge of economics will know answer of this question. But in India, standard of journalist and leaders is so low that they even don't know basics.

This thread will answer - dollar flying or rupee falling

There are around 200 countries in the world and each have their respective currency and all currencies maintain exchange rate with currencies of other countries.

Exchange rate of currency depends upon supply and demand of that currency.

Now the question is dollar is strengthening or rupee is weakening?

Check USD INR performance of last one year:

Oct 2021 : 1 USD = Rs 75
Oct 2022 :1 USD = Rs 82

Its due to good performance of USD or due to bad performance of INR ? We can't say.

To check this, we have to find :

1. How Rupee is performing against other major currencies of the world.
2. How other currencies are performing against USD.

If Rupee is falling against other currencies also then we can say rupee is falling. If other currencies also fall agnst USD then we can say USD is strengthening.

British Pound, Euro and Japanese Yen are the other major currencies of the world. Lets check Rupee vs Pound
Oct 2021: 1 GBP= Rs 104
Oct 2022: 1 GBP = Rs 92

So in 1 Last Year Rupee strengthened against GBP.

Let's check Rs vs Euro:

Oct 2021: 1 Euro = Rs 88
Oct 2022: 1 Euro = Rs 82

So Rs. strengthened against Euro also.

Lets check Rs vs Yen:

Oct 21:1 Yen = 0.65 Rs.
Oct 22:1 Yen = 0.55 Rs.

So Rs strengthened against Yen also.

In last one year Rupee weakened against dollar but strengthened against all major currencies. It gives an indication that Rupee is not falling.

Let's check performance of these currencies against dollar:

For that we need to check dollar index.
Dollar index measures relative performance of dollar against 6 major currencies of world including GBP, Euro n Yen.

Oct 21: USD value agst 6 major currency = 93
Oct 22: USD value agst 6 major currency = 112

So it proves that rupee is not falling, its actually dollar is strengthening. Rupee is fighting bravely against dollar and performing very well compared to other currencies and India really deserve appreciation for it.

Reason for this:
Petrol import covers 30-40% of our total import bill.

In last 1 year, due to Russia Ukraine war, prices of oil and gas has sky rocketed.
Indian import bill is getting higher.
Oil is traded in USD.
Import high, export less means demand for USD high, demand for INR less.

So despite of such negative condition, INR is fighting bravely and performing well against other currencies.

Now let me tell the reason why Dollar has sky rocketed. Reason is US federal reserve rate that was 0 in Feb 2022 but now its 3.5%.

Now understand that
American banks need to maintain a fixed amount to US fed bank and for that on daily basis they keep taking loan from other banks and interest rate on that loan is called fed interest rate.

When fed increases that interest rate then all investors of the world, take out money from their current investment and invest into US fed bank coz investment in Fed bank is considered safest investment in difficult situation.

U can invest in fed bank only in USD so u need USD for it. So demand of USD increases and prices of USD goes high. Exactly this has happened in the last six months.

Why fed increased interest rate ?
To control the inflation.

As interest goes up, interest rate of saving account, FD also increases, credit card, home loan interest goes high. People stop spending and start investing, circulation of money goes down in market, demand goes down and prices comes down.

Basic economics:

So to control inflation, US increased fed rates. Due to that USD demand increased and USD strengthened agst all currencies.
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

What most Folks are focussed on:
Diwali Picks !!
@AlliesFin
What your Portfolio actually needs:
Diwali CleanUp !!
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

India Daybook – Stocks in News


Gland Pharma: Company gets US FDA nod to manufacture Cyanocobalamin (Positive)

ICICI Lombard: Gross premium up 18% at ₹5,303 cr vs ₹4,508 cr, Net earned premium up 18% at ₹3,837 cr vs ₹3,250 cr (YoY) (Positive)

Schaeffler India: Net profit up 26.1% at Rs 215.3 cr Vs Rs 170.8 cr. Revenue up 18.1% at Rs 1,756.4 cr Vs Rs 1,487.5 cr (YoY) (Positive)

BEL: Company has signed MoU with Munitions India Limited (to address the requirements of Ammunition, Explosives and related systems (Positive)

Shalby: Net profit up 72% at Rs 18.4 cr Vs Rs 10.7 cr, Revenue up 11.1% at Rs 201.7 cr Vs Rs 181.6 cr (YoY). (Positive)

Adani Ent: Adani Defence & Aerospace has signed a definitive agreement to acquire Air Works (Positive)

KPI Green: Net profit up 72.7% at Rs 21.2 cr Vs Rs 12.3 cr, Revenue at Rs 159.8 cr Vs Rs 57.4 cr (YoY) (Positive)

Reliance Ind: Jio added 32.8 lakh subscribers during August (Positive)

L&T Technology: The company recorded a 23 percent growth in profit at Rs 283.2 crore for Q2FY23 (Positive)

Praj Industries: The company registered a massive 44.4 percent year-on-year growth in consolidated profit at Rs 48.13 crore YoY. (Positive)

Harsha Engineers: The company has issued Letter of Intent (LOI) to Clean Max Enviro Energy Solutions for setting up of hybrid power project in Gujarat. (Positive)

Anant Raj: The company more than doubled its consolidated profit to Rs 33.74 crore for quarter ended September FY23 (Positive)

Prestige Estate: Q2 sales at Rs 3,511 cr up by 66% YoY (Positive)

ZEEL: Buyers in block deal were Nomura, Aditya Birla Sun Life, Avendus, BNP Paribas, BofA Sec, Citi, Copthall, Edelweiss MF, Franklin, ICICI Pru Life, Goldman Sachs, Invesco, Societe General, Tata AIA Life, Tata MF and others (Positive)

Vodafone: Board to consider fundraising on Oct 21 Via issuance of debenture securities convertible into equity shares on a preferential/private placement basis to a vendor (Neutral)

PEL: Piramal Pharma to get listed on the exchanges today (Neutral)

HFCL: Net profit up 0.3% at Rs 81.8 cr Vs Rs 81.6 cr, Revenue up 4.6% at Rs 1,173.5 cr Vs Rs 1,122.1 cr (YoY) (Neutral)

Brightcom Group: Board updated on final settlement terms with Daum Corporation to complete the outstanding Lycos deal, legal encumbrances removed. (Neutral)

Mahindra CIE: Net profit up 3% at Rs 171.3 cr Vs Rs 166.3 cr, Revenue up 30.3% at Rs 2,723.1 cr Vs Rs 2,090.6 cr (YoY) (Neutral)

JMC Projects: The company has raised Rs 75 crore via NCDs as it has allotted 750 non-convertible debentures of the face value of Rs 10 lakh (Neutral)

GAIL: Company declared a Successful Resolution Applicant in the Corporate Insolvency Resolution Process (CIRP) of JBF Petrochemicals (Neutral)

RPG Life: Net profit up 26.8% at Rs 20 cr Vs Rs 15.8 cr (YoY) Revenue up 19.7% at Rs 134.8 cr Vs Rs 112.7 cr (YoY) (Neutral)

Bharti Airtel: Airtel added 17.2 lakh users in August (Neutral)

Samvardhana Motherson: Japan-based Sojitz Corporation has sold 12.8 crore equity shares

JSW Ispat: Cons net loss of Rs 209.1 cr Vs loss of Rs 36.9 cr, Cons operating revenue at Rs 757. 5 cr Vs Rs 1,437.6 cr (YoY)

Tinplate: The company posted a loss of Rs 35.1 crore for Q2FY23, against a profit of Rs 75 crore YoY

Network 18: Network18 Group posted a consolidated loss of Rs 28.84 crore for the quarter ended September FY23

TV18 Broadcast: TV18 Group has reported a consolidated profit of Rs 10.28 crore against a profit of Rs 231.40 crore YoY
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

“Ultimately, value investing lies at the intersection of economics and psychology.
I’ve joked that it’s a marriage of the calculator and a contrarian streak.
While value investing has evolved in the sense of achieving greater sophistication, along with the rest of the investment business, the basic principles—the idea of investing with downside protection using numerous methods to assess value—have stayed the same….
And it’s important for people to understand… that a value investor doesn’t need the whole market to be cheap.
A value investor needs a handful of investments to be bargain-priced, to be inefficiently priced. You can build a portfolio on 10 great investments.
You don’t need the whole market.” Seth Klarman
(via the book How to Invest) Telegram@AlliesFin
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Mkt. Updates :

SGX Nifty -21 pts (17487) from last trade 17508 ,

Nikkei +116 pts ,
Hangseng -109 pts ,
Around @ 6.52am .

Dow +337.98 pts ,Nsdq +96.60 pts, S&P
+42.03 pts , Bovespa +2119 pts , Ftse +16 pts , Dax +116 pts , Cac +26 pts , Crude @ $83.65 brl (+0.86), Brent @ $90.03 brl (+0.00) , Gold @ 1658.20 (+2.40), Silver @ $18.715 (+0.11), Euro @ $0.9863, JPY @ $149.17, INR @ 82.295


*US GOVT. 10-YEAR YIELD : 4.01%*


*Today's Corporate Action, 19 Oct Ex Date :*

AARTI INDUSTRIES LTD.
Spin Off
HCL TECHNOLOGIES LTD.
Interim Dividend - Rs. - 10.0000
TPL PLASTECH LTD.
Stock Split From Rs.10/- to Rs.2/-
U. H. Zaveri Ltd
Bonus issue 2:3


*Today's Key Results/Board Meetings, 19-Oct-22 :*

5PAISA
General;Quarterly Results
7NR
Quarterly Results 
ACCELYA
Quarterly Results 
ADVIKCA
General;Quarterly Results
AGRITECH
Quarterly Results 
ATFL
Quarterly Results 
AUBANK
Quarterly Results 
BAJAJST
Quarterly Results 
BAMPSL
Quarterly Results 
CGPOWER
Quarterly Results 
CNIRESLTD
Quarterly Results 
DBCORP
Quarterly Results 
DCMNVL
Quarterly Results 
DCMSHRIRAM
Interim Dividend;Quarterly Results
EMUDHRA
Quarterly Results 
EVEXIA
Quarterly Results 
HATSUN
Quarterly Results 
HAVELLS
Quarterly Results 
HDFCAMC
Quarterly Results 
HOMEFIRST
Quarterly Results 
IIFLWAM
Interim Dividend;Quarterly Results
INDUSINDBK
Quarterly Results 
INOXLEISUR
General;Quarterly Results
IYKOTHITE
General 
JCHAC
Quarterly Results 
JK AGRI
Quarterly Results 
KIRLPNU
Quarterly Results 
KPEL
Interim Dividend;Quarterly Results
MAHSCOOTER
Quarterly Results 
METROBRAND
Quarterly Results 
MFSL
Quarterly Results 
NAM-INDIA
Interim Dividend;Quarterly Results
NAVINFLUOR
Interim Dividend;Quarterly Results
NESTLEIND
Interim Dividend;Quarterly Results
OFSS
Quarterly Results 
PERSISTENT
General;Quarterly Results
PRERINFRA
Quarterly Results 
PULSRIN
Quarterly Results 
RALLIS
Quarterly Results 
RAWEDGE
General;Quarterly Results
RBL
Quarterly Results 
SAGCEM
Quarterly Results 
SAMOR
Right Issue of Equity Shares
SHABCHM
Quarterly Results 
SHAMROIN
General;Quarterly Results
SHEMAROO
Quarterly Results 
SHISHIND
Quarterly Results 
SHOPERSTOP
General;Quarterly Results
SHRIGANG
General;Quarterly Results
SOFCOM
Quarterly Results 
SRDAPRT
Quarterly Results 
STCORP
Quarterly Results 
SUPRAP
General 
SURJIND
General;Quarterly Results
SYNGENE
Quarterly Results 
TECHIN
Quarterly Results 
TIGERLOGS
General;Quarterly Results
ULTRACEMCO
Quarterly Results 
VIKASECO
Quarterly Results 
WENDT
Quarterly Results 
ZSWASTSA
Quarterly Results 


*SEC. IN F&O BAN FOR, 19 OCT, 2022 :*

*1 BHEL 2. DELTACORP 3. IBULHSGFIN 4. INDIACEM 5. ZEEL*

*ADDITION : BHEL, ZEEL*
*DELETION : NIL*
By: via Allies Fin Serve Stock Market

Tuesday 18 October 2022

Allies Fin Serve Stock Market's Post

“The idea that you try to time purchases based on what you think business is going to do in the next year or two, I think that’s the greatest mistake investors make because it’s always uncertain. People say it’s a time of uncertainty. It was uncertain on September 10th, 2001, people just didn’t know it. It’s uncertain every single day. So take uncertainty as part of being involved in investment at all. But uncertainty can be your friend. I mean, when people are scared they pay less for things. We try to price. We don’t try to time at all.” Warren Buffett
Stay Tuned with updates
Telegram.me/AlliesFin
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

https://www.cdslindia.com/Publications/FIIFPIInvstmntFinYrData.aspx

https://www.fpi.nsdl.co.in/web/Reports/Yearwise.aspx?RptType=5
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

https://www.sebi.gov.in/reports-and-statistics/publications/oct-2022/annual-report-2021-22_63812.html
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

India Daybook – Stocks in News


*Aster DM:* Company in-pact with Abdulmohsin Alhokair for pharma chain in Saudi Arabia (Positive)

*SJVN:* SJVN Green Energy signs pact for 1000 MW #floating solar projects in Assam (Positive)

*Adani Gas/Gujarat Gas:* Gujarat govt cuts VAT on CNG, PNG price by 10% (Positive)

*Maha Seamless:* Net profit up 94.3% at Rs 176.6 cr Vs Rs 90.9 cr, Revenue at Rs 1,411 cr Vs Rs 951 cr YoY (Positive)

*Lloyds Metal:* Along with Results Board To Consider NSE Listing. (Positive)

*KSB:* Company gets approval for bid submitted under e-Auction for sale of technology (Positive)

*Adani Transmission* saw a 13% jump in the number of electricity units sold during the quarter ended September (Positive)

*CONCOR:* July-September total cargo volumes up 17% (YoY) at 1.14 m TEUs (Positive)

*Electronics Mart India:* Nippon India Mutual Fund bought 24 lakh equity shares in the company via open market transactions at an average price of Rs 89.42 per share (Positive)

*Star Housing Finance:* The board approved the sub-division of one share into two fully paid-up shares and the issue of one bonus equity share for every fully paid-up equity share. (Positive)

*NTPC:* Company has inked a pact with Mitsubishi Heavy Industries and its arm Mitsubishi Power India to demonstrate the feasibility for hydrogen (Positive)

*Oberoi Realty:* The company maintained confidence on strong residential sentiments (Positive)

*Tata Coffee:* Net profit up at Rs 142.4 cr Vs Rs 34 cr, Revenue up 30.9% at Rs 718 cr Vs Rs 549 cr YoY (Neutral)

*PEL:* Piramal Pharma to get listed on the exchanges on Wednesday Oct 19th (Neutral)

*Samvardhana Motherson:* CNBC sources say Sojitz Corp will sell 1.9% in company, floor price at Rs 64.36/Sh (Neutral)

*ZEEL:* CNBC sources say OFI Global Fund to sell shares up to Rs 1,396 cr of Zee Ent via block deal at Rs 250/Sh to Rs 263.7/Sh (Neutral)

*NDTV:* SEBI has sought additional clarifications from the merchant banker on Adani Group’s open offer for NDTV (Neutral)

*JMC Projects:* The company has raised Rs 75 crore via NCDs as it has allotted 750 non-convertible debentures of the face value of Rs 10 lakh (Neutral)

*ONGC:* Company is mulling to take a stake in the new Russian entity that will manage the Sakhalin 1 project in the far east (Neutral)

*RPG Life:* Net profit up 26.8% at Rs 20 cr Vs Rs 15.8 cr (YoY) Revenue up 19.7% at Rs 134.8 cr Vs Rs 112.7 cr (YoY) (Neutral)

*Spandana:* Net interest margin at 13% vs 13.6% YoY & vs 9.9% QoQ. Net profit at Rs 49.5 cr vs loss of Rs 58.7 cr YoY (Neutral)

*Shriram Transport:* Company denies reports of interest in acquiring IDBI Bank (Neutral)

*IRB Infra:* To transfer Vadodara road project to InvIT arm (Neutral)

*Shriram Transport Finance:* Tender offer to #buyback senior notes worth $500 m (Neutral)

*Can Fin Home:* Net profit at Rs 141.7 cr vs poll of Rs 143.1 cr, NII at Rs 251 cr Vs Poll of Rs 234.8 cr (Neutral)

*Tata Metaliks:* Net profit down 73.9% at Rs 14.3 cr Vs Rs 54.8 cr, Revenue up 36% at Rs 877 cr Vs Rs 644.8 cr (YoY))
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Mkt. Updates :

SGX Nifty +130 pts (17436) from last trade 17306 ,

Nikkei +197 pts ,
Hangseng +247 pts ,
Around @ 6.54am .

Dow +550.90 pts ,Nsdq +354.41 pts, S&P
+94.88 pts , Bovespa +1551 pts , Ftse +61 pts , Dax +211 pts , Cac +108 pts , Crude @ $85.85 brl (+0.39), Brent @ $91.62 brl (+0.00) , Gold @ 1655.60 (-8.40), Silver @ $18.61 (-0.10), Euro @ $0.9831, JPY @ $149.00, INR @ 82.175


US GOVT. 10-YEAR YIELD : 3.99%


Today's Corporate Action, 18 Oct Ex Date :

DUGARHOU
Reduction of Capital  
HLEGLAS
Stock  Split From Rs.10/- to Rs.2/-
19-Oct-22   
AARTIIND
Spin Off   
HCLTECH
Interim Dividend - Rs. - 10.0000
TPLPLAST
Stock  Split From Rs.10/- to Rs.2/-UHZAVERI
Bonus issue 2:3 


*Today's Key Results/Board Meetings, 18-Oct-22 :*

ANANTRAJ
Quarterly Results 
ASRL
General;Quarterly Results
AURUM
Quarterly Results 
BLBLIMITED
Quarterly Results 
COLORCHIPS
Quarterly Results 
ELPROINTL
Quarterly Results 
EMERALD
General 
FLUOROCHEM
Interim Dividend;Quarterly Results
GMDCLTD
Quarterly Results 
GRWRHITECH
General 
HAZOOR
Right Issue of Equity Shares
HCKKVENTURE
Quarterly Results 
HERITGFOOD
General;Quarterly Results
HFCL
Quarterly Results 
ICICIGI
Audited Results;Interim Dividend
INDBANK
Quarterly Results 
INDBNK
Quarterly Results 
INDINFO
Quarterly Results 
JSWISPL
General;Quarterly Results
KORE
Quarterly Results 
KPIGREEN
Interim Dividend;Quarterly Results
KPITTECH
Quarterly Results 
KUANTUM
Quarterly Results 
LKPFIN
Quarterly Results 
LLOYDSME
General;Quarterly Results
LTTS
Interim Dividend;Quarterly Results
MAHINDCIE
Quarterly Results 
MAHSHRE
General;Quarterly Results
MANCREDIT
Quarterly Results 
MOONGIPASEC
General;Preferential Issue of shares;Quarterly Results
NETWORK18
Quarterly Results 
NEWGEN
General;Quarterly Results
NILASPACES
Quarterly Results 
PADMAIND
Reduction of Capital 
PANTH
Right Issue of Equity Shares;Increase in Authorised Capital;General
POLYCAB
Quarterly Results 
PRAJIND
Quarterly Results 
PSPPROJECT
Quarterly Results 
RANEENGINE
Quarterly Results 
RAYALEMA
General 
SCHAEFFLER
Quarterly Results 
SHALBY
Quarterly Results 
SONATSOFTW
Interim Dividend;Quarterly Results
SUUMAYA
Half Yearly Results 
TAKE
Quarterly Results 
TATACOMM
Quarterly Results 
TFL
Right Issue of Equity Shares
TINPLATE
Quarterly Results 
TRINITYLEA
Preferential Issue of shares
TTLEL
General;Quarterly Results
TV18BRDCST
Quarterly Results 
WHITEORG
Quarterly Results 
ZENLABS
Quarterly Results


*SEC. IN F&O BAN FOR, 18 OCT, 2022 :*

*1. IBULHSGFIN 2. DELTACORP 3. INDIACEM*

*ADDITION : NIL*
*DELETION : NIL*


*Today's Alert :*

*RBI to Conduct Auction of SDLS BONDS for INR 169 Billion*
By: via Allies Fin Serve Stock Market

Monday 17 October 2022

Allies Fin Serve Stock Market's Post

HDFC merger may trigger Nifty rebalancing, $1.5 billion outflow

https://economictimes.indiatimes.com/markets/stocks/news/hdfc-merger-may-trigger-nifty-rebalancing-1-5-billion-outflow/articleshow/94913698.cms
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 17-10-2022 :*

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

*TOTAL NET BUY : +3604*

*INDEX FUT. : +416*

*INDEX OPT. : +498*

*STOCK FUT. : +2290*

*STOCK OPT. : +400*

*SEC. IN F&O BAN FOR, 18 OCT, 2022 :*

*1. IBULHSGFIN 2. DELTACORP 3. INDIACEM*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 17-OCT-22 : (Rs. CRS)*

*FIIS : SELL -372 (18,251-18,623)*

*DIIS : BUY +1,582 (5,491-3,909)*

*BSE SENSEX : +491 (58,411)*

*NSE NIFTY : +126 (17,312)*

*BSE MIDCAP. : +65 (24,775)*

*BSE SMLCAP. : +25 (28,548)*

*B. CRUDE : $ 92.98*

*GOLD: $1662=INR 51,040(10gr)*

*SILVER : RS. 60,750 (kg) (5pm) *

*FOREX : RS. : $ 82.35*

*6.54% GOI '32 : 7.4549% (93.95)*

*7.26%NEW GOI '32: 7.4075%(98.9675)*

*7.54% GOI '36 : 7.5150% (100.20)*
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

https://indianexpress.com/article/cities/mumbai/maharashtra-deputy-cm-fadnavis-assures-developers-of-discussing-stamp-duty-waiver-premium-discount-in-next-cabinet-meeting-8213308/
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

PRE OPEN PRICE MATACHED AT 90 NSE EMIL
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

New Listing Today @AlliesFin
Name of the company - ELECTRONICS MART INIDA LIMITED
ISIN - INE02YR01019
NSE Symbol: EMIL (EQ GROUP)
BSE Code: 543626 (B GROUP)
Face Value : 10
IPO Price : 59
Bid Lot : 254 Share
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

India Daybook – Stocks in News

Telegram @AlliesFin

Dilip Buildcon: Company gets project worth Rs 702.02 cr from Gujarat Metro Rail Corporation (Positive)

Ahluwalia Contracts: Company secures order worth Rs 110.7 crore from #Assam Government (Positive)

HDFC says NCLT asks co to hold shareholder meeting on Nov 25 for HDFC Bank merger nod (Positive)

Dairy Stocks: Amul hikes price of AmulGold & Amul Buffalo milk variants by Rs 2 in all states except Gujarat (Positive)

Zee Ent: 99.9% Zee Ent shareholders vote 'In Favour' of Zee Ent-Sony merger. (Positive)

L&T Financial Services: Got SEBI nod for 100% sale of L&T AMC & L&T MF to HSBC AMC (Positive)

NBCC India gets Rs 162 cr total #business in September (Positive)

BLS International: Ace investor Shankar Sharma acquired 11.5 lakh equity shares in the company (Positive)

Veritas: Swan Energy bought additional 8.25 lakh shares in the company at an average price of Rs 123 per share (Positive)

Adani Ent: Adani group to acquire 100 per cent stake in SIBIA Analytics and Consulting Services (Positive)

Aster DM: Signs Health Ministry’s Corporate TB Pledge For TB-Free India (Positive)

Ujjivan: Draws up scheme of merger between Ujjivan Financial and Ujjivan Small Finance (Positive)

Adani Ports: AALL’s total Silo capacity will increase to 15.25 lakh MT across India after LoA from the FCI (Positive)

Birla Corp: Allocation of Marki Barka Coal Mines, Madhya Pradesh (Positive)

Bajaj Auto: Cons net profit at Rs 1,719.4 cr Vs poll of Rs 1,535 cr (Positive)

Narayana Hrudayalaya: Company in pact to buy ENT in Cayman for $ 5 million (Positive)

Garware: Board to consider buyback along with results on October 21. (Positive)

Just Dial: Net Profit up 58.6% at ₹ 52.2 Cr Vs `32.9 cr, Revenue 31.6% at ₹ 205.3 cr Vs `156 cr (YoY) (Positive)

HFCL: HFCL alloted warrants to a promoter firm, senior co execs (Positive)

Ganesh Housing: Net Profit up 26.9% at Rs 19.3 cr Vs Rs 15.23 cr, Revenue up at Rs 327.7 cr Vs Rs 73.3 cr YoY (Positive)

Bodal Chem: Successfully completed the technology upgradation of Rajpura Unit in Punjab (Positive)

DMart: Net profit up 64.1% at Rs 685.8 cr Vs Rs 417.8 cr, Revenue up 36.6% at Rs 10,638.3 cr Vs Rs 7,788.9 cr (YoY) (Neutral)

Tata Power: The company’s information technology infrastructure had a cyber-attack (Neutral)

Torrent Pharma: Acquisition of Curatio Health Care (I) Private Limited has been completed (Neutral)

GTPL: Net profit up 4.2% at Rs 44.8 cr Vs Rs 43 cr, Revenue up 9.9% at Rs 654.9 cr Vs Rs 595.9 cr YoY (Neutral)

ICICI Pru: Value of new biz up 20.6% at Rs 621 cr Vs Rs 515 cr, APE up 1.1% at Rs 1,999 cr Vs Rs 1,977 cr (YoY) (Neutral)

HDFC Bank: Net profit at Rs 10,605.8 cr Vs poll of Rs 10,493.1 cr. Loan growth at 19% YoY. Gross NPA at Rs 18,301 cr Vs Rs 18,033.7 cr (Neutral)

L&T Info: Net profit at Rs 679.8 cr Vs poll of Rs 651 Cr. Constant currency revenue growth at 4.6% (Neutral)

ZF Steering: Net profit down 5.4% at Rs 5.4 cr Vs Rs 5.7 cr, Revenue up 51.8% at Rs 105.7 cr Vs Rs 69.7 cr YoY (Neutral)

Shriram Transport: Company denies reports of interest in acquiring IDBI Bank (Neutral)

IRB Infra: To transfer Vadodara road project to InvIT arm (Neutral)

SBI to hike MCLR by 25 bps across tenures from Oct 15 (Neutral)

Tata Elxsi: Net profit up 39.3% at Rs 174.2 cr Vs Rs 125.3 cr, Revenue up 28.2% at Rs 763.2 cr Vs Rs 595.3 cr (YoY) (Neutral)

Butterfly: Net profit down 1.3% at Rs 25.1 cr Vs Rs 25.5 cr, Revenue down 5.1% at Rs 367.8 cr Vs Rs 387.4 cr (YoY)

Kesoram: Net loss of Rs 59.1 cr Vs loss of Rs 12 cr, Revenue up 0.3% at Rs 845.3 cr Vs Rs 842.7 cr (YoY)

RIIL: Net profit down 11.4% at Rs 2.3 cr Vs Rs 2.6 cr, Revenue down 0.8% at Rs 16.6 cr Vs Rs 16.7 cr YoY
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

*Mkt. Updates:*

*SGX Nifty -149 pts (17070) from last trade 17210 ,*

Nikkei -356 pts ,
Hangseng -108 pts ,
Around @ 6.52am .

Dow -403.89 pts ,Nsdq -327.76 pts, S&P
-86.84 pts , Bovespa -2227 pts , Ftse +8 pts , Dax +82 pts , Cac +52 pts , Crude @ $86.10 brl (+0.49), Brent @ $92.22 brl (+0.59) , Gold @ 1651.40 (+2.50), Silver @ $18.265 (+0.19), Euro @ $0.9741, JPY @ $148.50, INR @ 82.345


*US GOVT. 10-YEAR YIELD : 4.00%*


*Today's Corporate Action, 17 Oct Ex Date :*

SUVEN
Right Issue of Equity Shares 
TCS
Interim Dividend - Rs. - 8.0000


*Today's Key Results/Board Meetings, 17-Oct-22 :*

ACC
Quarterly Results ANGGeneral;Preferential Issue of shares
ANUP
Quarterly Results 
ARROWGREEN
Increase in Authorised Capital;General;Preferential Issue of shares
BCG
General 
BIBCL
General;Quarterly Results
CAMS
General 
CANFINHOME
General;
Quarterly Results
CHOICEIN
Quarterly Results 
CRAFTSMAN
General;Quarterly Results
ELIXIR
Quarterly Results 
FOCUS
Half Yearly Results;Interim Dividend
HEIDELBERG
Quarterly Results 
INDOWIND
Quarterly Results 
INDUSFINL
Quarterly Results 
INDXTRA
Quarterly Results 
IRBINVIT
Quarterly Results 
JINDRILL
Quarterly Results 
KAVVERITEL
General 
LAL
Half Yearly Results 
MAHABANK
Quarterly Results 
MAHSEAMLES
Bonus issue;Quarterly Results;Stock  Split
NARPROP
General 
NGIL
General;Quarterly Results
ORIENTHOT
Quarterly Results 
PIONDIST
Quarterly Results 
PROFINC
Bonus issue 
PVR
Quarterly Results 
RPGLIFE
Quarterly Results 
SEACOAST
Quarterly Results 
SPANDANA
Quarterly Results 
STARHFL
Bonus issue;Quarterly Results;Stock  Split
TANFACIND
Quarterly Results 
TATACOFFEE
Quarterly Results 
TATAMETALI
Audited Results 
THANGAMAYL
Quarterly Results 
TOKYOFIN
Quarterly Results 
TRANOCE
Quarterly Results 
WORL
Quarterly Results 
ZEAL


*SEC. IN F&O BAN FOR, 17-Oct-22*

*1. DELTACORP 2. IBULHSGFIN 3. INDIACEM*
By: via Allies Fin Serve Stock Market

Friday 14 October 2022

Allies Fin Serve Stock Market's Post

NIFTY TESTED 17300 TODAY ITSELF.

@ALLIESFIN
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

*SGX Nifty +180 pts (17188) from last trade 17008 ,*


Nikkei +686 pts ,
Hangseng +283 pts ,
Now @6.57am .


Dow +827.87 pts ,Nsdq +232.05 pts, S&P
+92.88 pts , Bovespa -527 pts , Ftse +24 pts , Dax +183 pts , Cac +60 pts , Crude @ $89.08 brl (-0.03), Brent @ $94.57 brl (+0.00) , Gold @ 1670.80 (-6.20), Silver @ $18.835 (-0.08), Euro @ $0.9768, JPY @ $147.29, INR @ 82.175







*Today's Corporate Action*
*14th Oct Ex Date*



Veeram Securities Ltd
Bonus issue 1:2




*Today's Key Results/Board Meetings*
*14-Oct-22*



AMAL
General   
BAJAJ-AUTO*
Quarterly Results   
CHARMS
Quarterly Results   
DRCSYSTEMS
Quarterly Results;General   
FEDERALBNK
Quarterly Results   
PLASTIBLEN
Quarterly Results   
ROJL
Half Yearly Results   
SHREECEM
Quarterly Results   
SUKHJITS
General   
SYSCO
General   
TATAELXSI
Quarterly Results   



*Stock under F&O ban on NSE*
*14-Oct-22*



1 DELTACORP

2 IBULHSGFIN
By: via Allies Fin Serve Stock Market

Thursday 13 October 2022

Allies Fin Serve Stock Market's Post

Dow up 1400 point's from lows.
Don't worry about this. They are managing supply side inflation. If economy goes into recession they may start QE. So focus on Bharat an emerging economy.
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

INFOSYS Q2 : CONS. NET PROFIT UP 12 % AT 6021 CR (QOQ) , UP % 11 (YOY)

REVENUE UP 6 % AT 36538 CR (QOQ) , UP 23 % (YOY)

EBIT UP 13.9 % AT 7873 CR (QOQ) , UP 12.9 % (YOY)

MARGINS AT 21.5 % V 20.1 % (QOQ), 23.6 % (YOY]

TELEGRAM @ALLIESFIN

INFOSYS: BOARD APPROVED SHARE BUYBACK UPTO 9300 CR Rs 1850/share VIA OPEN MARKET

BETTER MARGINS AND GUIDANCE.
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Nifty Cmp 17001 @AlliesFin
Post today's inflation data in US and end of BOE bond buying tomorrow,for a strong bounce across the global equity markets and start of Santa Rally. Only thing to watch maybe the US mid-term elections in November, mostly will be a non event.
Telegram.me/AlliesFin
Like Share Save
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Today's Corporate Action
13th Oct Ex Date



GCSL
Bonus issue 8:1
INFRATRUST
Income Distribution (InvIT)



Today's Key Results/Board Meetings
13-Oct-22



ABHIJIT
Quarterly Results
ALSTONE
Quarterly Results
ANANDRATHI
Quarterly Results;Interim Dividend
ANGELONE
Quarterly Results;Interim Dividend
ASHAI
General
ATHARVENT
General;Quarterly Results
BIRLAMONEY
Quarterly Results
CYIENT
Quarterly Results
DEN
Quarterly Results
INFY
Quarterly Results;Audited Results;Interim Dividend
MINDTREE
Quarterly Results
ROSELABS
Quarterly Results
SCPL
Half Yearly Results
SHRINIWAS
Quarterly Results
VEERENRGY
Bonus issue



Stock under F&O ban on NSE
13-Oct-22



1 DELTACORP

2 IBULHSGFIN
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

STOCKS TO WATCH: SWSOLAR, GODFREY PHILLIPS, MARKSANS PHARMA, CESC, SIEMENS, WE WIN, RELIANCE POWER, TATA POWER, ADANI PORTS, JUBILANT INGREVIA, UGAR SUGAR, SUVEN LIFE, HCL TECH, ADANI WILMAR, TANLA PLATFORM, MAHARASHTRA SEAMLESS, TCS, SAIL, WIPRO

Sterling And Wilson Renewable Energy: Co Wins Order Worth 22b Rupees Got Order From NTPC Renewable Energy Limited

Godfrey Phillips India: Co Executed Agreements To Sell Trademarks, Assets Of Chewing Business For 800m Rupees

Marksans Pharma: Co Proposed Capacity Addition Of 8b Units Per Annum Investment Of 2b Rupees Required

CESC: Board Meeting On Oct 15 To Consider Issue Of Non-Convertible Debentures Worth Upto 3b Rupees

Siemens: NTPC And Co Sign MOU For Demonstrating Hydrogen Co-Firing In Faridabad Gas Power Plant

WE WIN: Co Received Work Order For Providing And Operationalizing The Contact Centre For Paytm Project Cost 309.6m Rupees

Reliance Power: Co And Its Subsidiaries Execute Definitive Documents To Raise Debt Of About Rs.1,000 Crore From Varde Partners Proceeds To Be Used To Settle Debt

Tata Power: Co To Develop Tata Motors' 7 MW Solar Project At Its Pantnagar Manufacturing Facility

Adani Ports: Co. Gets Letter Of Award From West Bengal Industrial Development Corporation Ltd, Kolkata For Development Of Deep-Sea Port At Tajpur, West Bengal On Design, Build, Finance, Operate And Transfer Basis

Jubilant Ingrevia: Co Has Issued Commercial Papers Of 1b Rupees On Oct 12

Ugar Sugar Works: Co Received Consent For Operation For 645 KLPD Distillery At Ugar Plant

Suven Life Sciences: Co Approved Rights Issue Of Shares In 1:2 Ratio Rights Share Issue Price Rupees 55 Per Fully Paid-Up Equity Share

HCL Tech: Q2 Cons Net Profit 34.89b Rupees Vs 32.8b (QoQ); Est 34.11b | 32.6b (YoY) Q2 Revenue 246.9b Rupees Vs 235b (QoQ); 206.6b (YoY)

Adani Wilmar: Co Says Multiple Macro Challenges Continued To Impact Business In Quarter Overall Revenue Expected To Grow At Low Single Digit During Q2

Tanla Platform: Co Fixes Oct 25 As Record Date For Buyback

Maharashtra Seamless: Board Meeting On Oct 17 To Consider Issue Of Bonus Shares Co To Also Consider Sub Division Of Shares

TCS: Envestnet Data And Analytics Business Announces Partnership With Co Envestnet- Further Terms Of Arrangement Were Not Disclosed

SAIL: Govt Scraps Strategic Sale Of Sail's Bhadravati Steelplant Due To Insufficient Bidder Interest

WIPRO: Q2 Cons Net Profit 26.6b Rupees Vs 25.64b (QoQ) Est 28.44b | 29.3b(YoY) Q2 Revenue 225.4b Rupees Vs 215.3b (QoQ); 196.67b (YoY)
By: via Allies Fin Serve Stock Market

Wednesday 12 October 2022

Allies Fin Serve Stock Market's Post

*Business & Economy news*

*INDIA-RELATED :*

* IMF cuts India FY23 GDP growth estimate by 60 bps to 6.8% (Informist)

* RBI allows asset recast cos to act as resolution applicant under IBC (Informist)

* RBI issues revised norms for banks on borrowers' unhedged FX exposure (Informist)

* RBI tightens NPA, provisioning divergence disclosure norms for banks (Informist)

* RBI sets threshold to classify 'middle layer' non-bank lenders (Informist)

* CP supply by NBFCs jumps 32% in Sep, issuances by others fall (Informist)

* Infosys President Ravi Kumar resigns effective today (Informist)

* Suzlon Energy aims to cut debt by 5.84 bln rupees by end of October (Informist)

* Govt nudges Apple, Samsung and others to release 5G updates (RTR)

* Global coffee prices fall 0.2% on month to 199.63 cents a pound in Sep (Informist)

* Brigade Enterprises announces succession planning, splits CMD post (Informist)

* M&M, Jio-bp in pact to set up charging network for electric vehicles (Informist)

* Housing project launch to gain pace in festival season, says report (Informist)

* Govt ups base import price of silver by $67/kg, keeps gold unchanged (Informist)

* China’s BYD enters India's passenger car market amid global push (RTR)

* Govt may sell residual stake post strategic disinvestment in IDBI Bank to public (BL)

* India offers 26 blocks for producing oil, gas in mega offshore bid round (ET)

* Railways revenue up by 92% in passenger segment (Mint)

*FROM OVERSEAS :*

* IMF retains 2022 global GDP growth view, warns of recession feel 2023 (Informist)

* Putin says Russia not working 'against anyone' in energy markets (RTR)

* Russia’s financial monitoring agency adds Meta to ‘extremists’ list (RTR)

* Biden re-evaluating US relationship with Saudis after OPEC decision to cut production (RTR)
Biden's labor rule to shake up gig economy that relies on contractors (RTR)

* Goldman Sachs says too early to price in a Fed policy pivot (BB)

* Bank of England widens bond purchases as it warns of financial stability risk (FT)

* AstraZeneca nasal spray vaccine for COVID fizzles in small, early trial (BB)

* Nissan takes $687 mln loss on sale of Russian business to state-owned entity for 1 euro (RTR)

* Japan’s FX reserves fall by record $54 bln (FT)

* US Supreme Court spurns McKinsey & Co appeal in bankruptcy conflicts case (RTR)

* General Motors broadens electric goals with new division (AP)

* Renault CEO seeks partner on hybrids to bring scale, cut costs (RTR)

* Australia to cap work hours for international students again (ET)

* Sri Lanka to keep ‘middle-income’ status but seek concessional loans (RTR)
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

India Daybook – Stocks in News


*Suzlon:* Company secures order of 144.9 MW from The Aditya Birla Group (Positive)

*Railway stocks:* Railways' revenue earnings up by 92% in passenger segment. (Positive)

*Suven Life:* To Consider and Approve Terms of the Rights Issue including Issue Price and Record Date (Positive)

*L&T Fin:* Gets SEBI Nod For Change In Control Of L&T AMC With Conditions (Positive)

*Star Housing:* To Consider Stock Split, Bonus Issue on 17th October. (Positive)

*Genesys:* Bags Order Worth Rs 46 Crore From Andhra Pradesh Government For Mapping Project. (Positive)

*Honeywell:* Announced a new, innovative ethanol-to-jet fuel (ETJ) processing technology (Positive)

*IRFC:* Signs MoU With IIFCL To Strengthen Cooperation In Financing Railway Infra Projects (Positive)

*NMDC:* Says Got Corporate Affairs Ministry Nod for Steel Demerger (Positive)

*Tata Consultancy Services:* Says Quartz Solution to support entire lifecycle of CBDT (Positive)

*Tilaknagar Industries:* EARC TRUST SC sold 4.2m shares of TLNGR in three blocks, BOFA Securities Europe SA buys 4.69m shares (Positive)

*Delta Corp:* Cons net profit at Rs 68.3 cr Vs loss of Rs 22.6 cr YoY, Cons revenue at Rs 270 cr Vs Rs 75 cr (YoY). (Neutral)

*Gujarat Pipavav:* Q2 container volume up 18.5% (YoY) & down 0.5% (QoQ) (Neutral)

*IndusInd Bank:* Route One Fund sells 12m shares in IIB, while Goldman Sachs buys 6.97m shares: NSE Bulk Deals (Neutral)

*JSW Steel:* Joins the United Nations Global Compact Initiative (Neutral)

*Mahindra & Mahindra:* Says Jio-BP to set up charging network for Mahindra’s e-SUVs (Neutral)

*Spandana Sphoorty:* To consider raising funds on Oct. 14 (Neutral)

*Infosys:* The stock will be in focus as Ravi Kumar S has resigned as president effective October 11. (Neutral)

*REC:* The company has transferred its entire shareholding in ER-NER Transmission at par value along with all its assets and liabilities to Power Grid Corporation of India (Neutral)

*VST Tillers:* First Sentier Investors ICVC-SI Asia Pacific Sustainability Fund sold 1,62,707 shares.
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

*Mkt. Updates :*

*SGX Nifty +41 pts (17002) from last trade 16961 ,*

Nikkei +83 pts ,
Hangseng -74 pts ,
Around @ 6.53am .

Dow +36.31 pts ,Nsdq -115.91 pts, S&P
-23.55 pts , Bovespa -1113 pts , Ftse -74 pts , Dax -52 pts , Cac -7 pts , Crude @ $88.63 brl (-0.72), Brent @ $94.29 brl (+0.00) , Gold @ 1671.10 (-14.90), Silver @ $19.12 (-0.36), Euro @ $0.9693, JPY @ $146.12, INR @ 82.255


*US GOVT. 10-YEAR YIELD : 3.95%*


*Today's Corporate Action, 12 Oct Ex Date :*

COLORCHIPS
Stock  Split From Rs.10/- to Rs.2/-GREENCREST
Stock  Split From Rs.10/- to Rs.1/-KAARYAFSL
Bonus issue 1:1
NIKHILAD
Stock  Split From Rs.10/- to Rs.1/-SECMARK
Bonus issue 3:2
SHBCLQ
Bonus issue 1:2


*Today's Key Results/Board Meetings, 12-Oct-22 :*

7NR
Quarterly Results   
ARTSONEN
Quarterly Results   
BIRLAPRECGeneral   
DYNAVSN
General   
HCLTECH
Quarterly Results;Interim Dividend  
INDITALIA
General   
MANGIND
Quarterly Results   
MNIL
General;Quarterly Results   
NATIONSTD
Quarterly Results   
NXTDIGITAL
Quarterly Results   
SARDAPPR
Preferential Issue of shares;General  
SCBL
Quarterly Results   
SEL
Quarterly Results   
STANCAP
Quarterly Results   
SWSOLAR
General;Quarterly Results   
WIPRO
Quarterly Results   
YASHCHEM
Quarterly Results   


*SEC. IN F&O BAN FOR, 11 OCT, 2022 :*

*1. IBULHSGFIN 2. INDIACEM 3. DELTACORP*

*ADDITION : DELTACORP*
*DELETION : NIL*
By: via Allies Fin Serve Stock Market

Tuesday 11 October 2022

Allies Fin Serve Stock Market's Post

Tata Sons Chairman N Chandrasekaran says while we have to manage #inflation, strongly believe we have to support #growth.

See #India becoming a $5 tn & #Maharashtra a $1 tn #economy soon. #alliesfin
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

Biocon Limited has notified to the stock exchanges that the European Directorate for the Quality of Medicines & HealthCare (EDQM) conducted a GMP inspection of an API manufacturing site of Biocon Limited in Bangalore. There were no critical deficiencies and one deficiency cited under the category 'Major'. – positive

Sterlite Technologies (STL) announced a partnership with Vocus Group for Project Horizon in Western Australia. STL will supply high-strength optical fibre cables for Vocus' inter-capital network extension projects as part of the cooperation – Positive

Hindustan Unilever - company reduced the cost of some soap brands by up to 15% as palm oil and other raw materials become more affordable. – positive

Macrotech Developers – Company added four land parcels in the Mumbai and Pune regions during the last quarter in order to create home projects with a Rs 3,100 crore revenue potential. - positive

Gensol Engineering business Update - Revenue jumps approx. 5.5x in H1 FY23. Revenue for H1 FY23 to be around Rs 180 cr vs Rs 33 crore in H1 FY22. Results illustrate the ongoing positive momentum in this business and remains optimistic about the remaining period of this fiscal. Company is expecting the same growth at the end of ongoing fiscal.- positive but it has already run up

Aurionpro has bagged a prestigious project as the Data Center Consultant for a leading financial Institution in India.- positive

EKI Energy - Leading developer and supplier of carbon credits across the globe - EKI Energy restated that India will not witness any ban for the export of its surplus carbon credits. The announcement comes in the backdrop of a clarification by the country's Minister for Power and New & Renewable Energy - Shri RK Singh.- positive

Vikas Lifecare has acquired 30% stake in the Ardh Sainik Canteens in an all-cash deal of Rs150 Million from its existing stake holders.- positive

Artson Engineering received purchase order worth Rs 42.76 crore – positive

Gravita India announced that its step-down subsidiary situated in Senegal, West Africa started commercial production of Aluminium from a new recycling plant with an annual capacity of around 4,000 MTPA.- positive

Ramkrishna Forgings got exports order worth Rs 131.5 crore ($15.9 million) order for its application in North America HCVs from a Tier 1 Rear & Front Axle manufacturer customer in the auto segment.

Mold-Tek Packaging Gets LoA From Grasim Industries - Birla Paints Division worth Rs30cr – positive

IDBI Bank: The financial bids for IDBI Bank privatisation are likely to be invited by March and the conclusion of the sale process is expected by September 2023 – Stock gained 10% yesterday ahead of disinvestment – positive

Tata Motors’s global wholesales of passenger vehicles in the second quarter rose 43% y/y to 232,750 units – Lower than expectation

Adani Group Report of Plan to Raise $10 Billion – Media report that the company is looking to raise at least $10 billion to fund its expansion in clean energy and ports. Billionaire Gautam Adani and his family are in early talks with investors including Singapore’s sovereign wealth fund GIC Pte and Temasek Holdings Pte for the fundraising, the report said – positive

Loyal Equipment gets Rs15.1cr order from GAIL India – Positive

Tejnaksh Healthcare commences operations of URAN Hospital – positive

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena Limited, announces the launch of Consumerisation of Commercial Banking (COCB) at Sibos 2022. – Positive

Paytm Loan Disbursals Q2 Business Update - Quarterly loans disbursed by value stood at Rs 7,313 crore, up 32% from June 2022, Deployed 48 lakh new payments devices, as of September 2022, added 10 lakh new devices in Q2 Monthly transacting users rose to 8 crore as of September 30, from 7.5 crore as of June 30, Merchant gross merchandise value rose 7.4% sequential to Rs3.18 lakh cr – impressive growth – positive
By: via Allies Fin Serve Stock Market

Allies Fin Serve Stock Market's Post

India Daybook – Stocks in News


Panacea Biotech: Receives long-term supply awards worth Rs1,040 crore from UNICEF (Positive)

Tata Motors: Tata Motors Group global wholesales in Q2FY23 were at 3,35,976 nos., higher by 33% (Positive)

Infosys: Board to consider a proposal for buyback of equity shares on Oct 13 (Positive)

IRB Infra: September toll collections increase by 37% on YoY basis, to Rs 328.2 cr. (Positive)

Inox Winds: Inox Green Energy Services sells entire investment in three subsidiaries to Adani Green (Positive)

India Cements: Company to divest its entire stake in Springway Mining to JSW Cement for Rs 476.87 crore (Positive)

Ashiana Housing: 224 units booked in phase 1 of Ashiana Amarah’ Project for Rs 242.6 crore. (Positive)

Suzlon: Aims to raise Rs 1200 Crores via issue of additional 240 Crore Shares at Rs 5. (Positive)

Vedanta: Meeting of Equity Shareholders as per the directions of the NCLT today to vote on ‘creating shareholders’ value’ by distributing General Reserve (Positive)

PG Electroplast: AVESTHA FUND bought 142,000 shares at 1046.79 (Positive)

Gujarat Alkalies: PM Modi dedicates Gujarat Alkalies new plants to nation. (Positive)

Carborundum: Demand scenario remains strong across sectors such as Auto, manufacturing, infrastructure (Positive)

TCS: Rupee Revenues at Rs 55310 crore versus poll of Rs 54905 crore, Net Profit at Rs 10431 crore versus poll of Rs 10248 crore. (Neutral)

AU Small Finance Bank: Reappoints Raj Vikash Verma as the Part-time Chairman of the Bank (Neutral)

Adani Ports: Ahmedabad Bench has sanctioned the composite scheme of arrangement between Gangavaram Port and Adani Ports (Neutral)

HUL: Company says there has been a price drop For Lifebuoy in the Western region (Neutral)

Bank of Baroda: Banks hikes lending rates 10-15 bps across tenures (Neutral)

NDTV: Adani’s NDTV Open Offer Banker Replies on Clarifications to SEBI (Neutral)

MTAR Tech: Promoter pledge additional 7 Lakh Shares (Neutral)
By: via Allies Fin Serve Stock Market

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

FIVE BEST SENTENCES T.me/AlliesFin 1. You cannot legislate the poor into prosperity, by legislating the wealthy out of prosperity. 2. ...