Tuesday 31 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

ResultsToday
Bharti Airtel
L&T
GAIL
IOC
Tata Consumer
Birlasoft
JSPL
Max Financial
Navin Fluorine
Aether Ind, Ajanta Pharma, Amara Raja, Arvind, Adani Total Gas, Bharat Seats, Capri Global, DCB Bank, Dhampur Sugar, Five-Star Business, Go Fashion, Gravita, Indiabulls Real, Kaynes Tech, KEI Ind, Mankind Pharma, Vedant Fashions, CE Info, MRPL, Motherson Sumi Wiring, Praj Ind, Star Health, Thyrocare, V-Guard
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*India Daybook – Stocks in News*


*P&G:* Net profit up 36.5% Rs 210.7 cr, Revenue up 8.9% at Rs 1,138.4 cr YoY (Positive)

*TVS Motors:* Net profit at Rs 536.6 cr vs poll Rs 520.0 cr, Revenue at Rs 8144.0 cr vs poll Rs 8184.0 cr YoY (Positive)

*DCX System:* Net profit up 49% at Rs 20.0 cr, Revenue up 78% at Rs 309.0 cr YoY (Positive)

*Vesuvius:* Net profit at Rs 60 cr vs Rs 36.0 cr, Revenue up at Rs 413.0 cr vs Rs 352.0 cr YoY (Positive)

*Vaibhav Global:* Net profit at Rs 29.4 cr vs Rs 22.9 cr, Revenue up at Rs 700.0 cr vs Rs 646.0 cr YoY (Positive)

*De Nora:* Net profit at Rs 6.4 cr vs Rs 1.6 cr, Revenue up at Rs 19.1 cr vs Rs 14.4 cr YoY (Positive)

*Nelcast:* Net profit at Rs 16.6 cr vs Rs 12.1 cr, Revenue up at Rs 358.0 cr vs Rs 329.0 cr YoY (Positive)

*Mangalore Chem:* Net profit at Rs 67.0 cr vs loss Rs 32.2 cr, Revenue up at Rs 141.0 cr vs Rs 283.0 cr YoY (Positive)

*SIS:* Net profit at Rs 75.3 cr vs Rs 67.4 cr, Revenue up at Rs 3074.0 cr vs Rs 2768.0 cr YoY (Positive)

*Spandana:* Net profit at Rs 116 cr vs Rs 49.5 cr, Revenue at Rs 584.0 cr vs Rs 281.0 cr YoY (Positive)

*Tata Motors:* Arbitral tribunal rules in favour of company and Tribunal asked West Bengal Industrial Development to pay Tata Motors Rs 766 cr + interest at 11% (Positive)

*Chemplast Sanmar:* Company's chemicals division gets LoI to manufacture pipeline Active Ingredient. (Positive)

*Bajaj Hindusthan:* Company gets Rs 1,361 crore order toward cane payment arrears from Uttar Pradesh Power Corp (Positive)

*Triveni Eng:* Net profit down 97.9% at Rs 29.1 cr vs Rs 1,388 cr, Revenue up 9.9% at Rs 1,617.4 cr vs Rs 1,471.6 cr (YoY) (Neutral)

*GMR Airports:* Net loss of Rs 190.4 cr vs loss of Rs 197.1 cr, Revenue up 30.3% at Rs 2,063.5 cr vs Rs 1,583.6 cr YoY (Neutral)

*Castrol:* Net profit up 3.8 at Rs 194.4 cr Vs Rs 187.2 cr, Revenue up 5.5% at Rs 1,183 cr Vs Rs 1,121 cr (YoY) (Neutral)

*Sterling Tools:* Net profit down 24.7% at Rs 12.5 Cr vs Rs 17 cr, Revenue up 17.7% at Rs 210.2 Cr Vs Rs 178.6 cr (YoY) (Neutral)

*DLF:* Net profit up 30.6% at Rs 622.8 cr vs Rs 477 cr, Revenue up 3.5% At Rs 1,347.7 Cr Vs Rs 1,302.3 cr (YoY) (Neutral)

*APL Apollo:* Net profit up 35% at Rs 203.0 cr, Revenue up 17% at Rs 4630.0 cr YoY (Neutral)

*LG Balakrishnan:* Net profit up 12.4% at Rs 75.5 cr vs Rs 67 cr, Revenue up 3.8% at Rs 600 cr vs Rs 578 cr (YoY) (Neutral)

*Rainbow:* Net profit at Rs 62.9 cr vs Rs 61.1 cr, Revenue at Rs 333 cr vs Rs 313 cr YoY (Neutral)

*Marico:* Net profit at Rs 360.0 cr vs poll Rs 346.0 cr, Revenue at Rs 2476.0 cr vs poll Rs 2464.0 cr YoY (Neutral)

*DCM Shriram:* Company to set up sugar plant at Loni, Uttar Pradesh. (Neutral)

*Colgate:* Company gets Transfer Pricing Order from the Income Tax Authority for AY22; income Tax liability of Rs 170 Cr

*DCM Shriram:* Net profit down 75% at Rs 32.0 cr, Revenue down 2% at Rs 2708.0 cr YoY

*Fine Organics:* Net profit down 49% at Rs 103.0 cr, Revenue down 41% at Rs 540.0 cr YoY

*Ramco Systems:* Net loss at Rs 145.8 cr vs Rs 46.8 cr, Revenue down 9.1% at Rs 126.8 cr vs Rs 139.5 cr (YoY)
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

Today's Headlines from :

*Economic Times*

Reliance bets big on AI to power its consumer finance business

Blue Star Q2 Results: Net profit jumps 66% YoY to Rs 71 crore

Spandana Shpoorty Financial Q2 Results: Net profit zooms 127% to Rs 125 crore on business expansion

Muthoot Microfin gets Sebi approval for Rs 1,350-crore IPO

Walmart to upgrade 1,400 stores with $9 billion investment

Tata Motors wins Rs 766 crore arbitration award against WBIDC

Sri Lankan government renews Lanka IOC's petroleum licence for 20 years

Aequs gets $54 million investment from Singapore’s Amansa & NRN’s Catamaran

Malaysia's Petronas, Singapore's GIC and Greenko form a $2 billion green ammonia venture

Blackstone to buy controlling stakes in CARE Hospitals, KIMS health for $1 bn

Vridhi Home Finance secures Rs 150 crore from Elevation Capital

Gaming company Funstop Games secures $1.5 million funding from InfoEdge Ventures

Skyroot Aerospace raises $27.5 million in funding round led by Temasek

*Business Standard*

TVS Motor posts marginal rise in Q2 consolidated net profit to Rs 386 crore

P&G Q1 results: Net profit up 36% at Rs 210.69 cr, revenue at Rs 1,138 cr

Manipal Group invests in Purplle with secondary purchase from JSW Ventures

Lenskart acquires computer vision startup Tango Eye for undisclosed amount

Insurers to provide details of basic features to customers from Jan 1

UP allocates Rs 1k cr to Startup Fund to support innovative biz ventures

FSSAI advises QR code in food labels for visually impaired people

Around 74 million tonnes of food are lost every year in India: Scientists

*Financial Express*

Mutiple EOIs for IMPCL stake sale

APL Apollo Tubes reports Rs 203 cr profit in Q2

Castrol India posts Q3 profit at Rs 194.42 crore, revenue rises 5.5% on-year

Marico Q2 Results: Profit rises by 17.3% to Rs 360 crore, revenue dips marginally on weak demand

India’s AU Small Finance Bank to buy peer Fincare in $530 million all-stock deal

Kerala releases draft export policy

*Mint*

Apple nears $10 bn India revenue

Centre takes steps to cool onion prices amid fresh supply shock

NGO Unnati to raise ₹2 cr via listing

General Motors, UAW agree on tentative deal to end workers' strike


https://t.me/instantfinanceupdates


Triveni Engineering Q2 results: Net profit slumps 98% to ₹29.1 crore

Rolex acquires building housing rival Omega on priciest Geneva street for $133mn

McDonald's Q3 results: Revenue jumps 14% at $6.69 billion

DLF Q2 Results: Net profit up 30.6% at ₹623 crore, revenue up 3.5%

Road InvIT AUM to double next fiscal, says Crisil report

Adani Green Energy Q2 Results: Net profit surges 149% on year to ₹371 crore.
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*News Headlines from Business News Agencies:*

*Business Standard*

• Airtel Africa Q2 results: Net profit falls nearly 9% to $138 million
• Blackstone enters Indian healthcare services with Care Hospitals buy
• SPARC completes enrollment in PROSEEK Global Phase 2 study of Parkinson's
• Lenskart acquires computer vision startup Tango Eye for undisclosed amount
• India becomes model for nations engaged in health sector reforms: Mandaviya
• Aequs raises Rs 448 cr in funding round led by Singapore's Amansa Capital
• Some NBFCs are bigger than many banks, says CEO Aditya Birla Finance
• Manipal Group invests in Purplle with secondary purchase from JSW Ventures
• By 2030, MF industry will be 1/3rd of banking industry, says Nimesh Shah
• Sun Pharma and Zydus Lifesciences partner to market kidney drug Desidustat
• JioPhone Prima 4G with smartphone-like features, UPI app coming this Diwali
CCAvenue.ae launches mobile-based QR Code payment solution in the UAE

*Economic Times*

• Solar cushion helps India’s renewable energy firms to offset wind shortfall: Moody’s
• TVS Motor Q2 Results: Profit climbs 32% YoY to Rs 537 crore, revenue rises 13%
• Waaree Energies wins 200 MW module supply order from ENGIE India
• World Bank sees oil lower in 2024, but wider Middle East war could spike them
• Veld Capital successfully divests its Indian portfolio
• Gaming company Funstop Games secures $1.5 million funding from InfoEdge Ventures
• Nvidia-backed startup Seurat hints at IPO after $99 million fundraise
• Google CEO Sundar Pichai to testify in landmark US antitrust trial
• LT Foods Q2 Results: Net profit rises 65% to Rs 157 crore
• J Kumar Infraprojects Q2 Results: PAT at Rs 73 crore
• Sri Lankan government renews Lanka IOC's petroleum licence for 20 years
• Cello World IPO subscribed 37% on Day 1

*Mint*

• India may import Venezuelan crude at discounted prices: S&P Global
• McDonald's Q3 results: Revenue jumps 14% at $6.69 billion
• DLF Q2 Results: Net profit up 30.6% at ₹623 crore, revenue up 3.5%
• Marico Q2 results: Net profit up 17% at ₹360 crore, revenue dips marginally
• Road InvIT AUM to double next fiscal, says Crisil report
• UPL Q2 Results: Firm reports net loss of ₹189 crore, revenue drops 18% YoY
• Petronet LNG Q2 net profit rises 4.4% QoQ to ₹855.7 cr; approves dividend
• Adani Green Energy Q2 Results: Net profit surges 149% on year to ₹371 crore
• Most apparel makers expect up to 25% less demand this festive season: CMAI
• GST authorities probing Raymond's consumer care business sale to Godrej
• Govt plans to set up real-time agri supply-demand model to predict prices
• Finolex Cables: SC fines Deepak Chhabria; no more action against NCLAT members
By: via Telegram.me/AlliesFin #StockMarket #india

Monday 30 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

Tata Motors: Arbitral tribunal rules in favour of
@TataMotors
with respect to claims for #Singur manufacturing unit

The Tribunal asked West Bengal Industrial Development to pay #TataMotors Rs 766 cr + interest at 11%

#Arbitral proceedings on the Singur unit issue end. Hos...
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*India Daybook – Stocks in News*


*Union Bank:* Net profit up 90% at Rs 3,511.4 cr vs Rs 1,848 cr, NII up 10% at Rs 9,126.1 cr vs Rs 8,305 cr YoY (Positive)

*SBFC:* Net profit up 48% at Rs 53.0 cr vs Rs 36.0 cr, NII up 40% at Rs 131.0 cr vs Rs 94.0 cr YoY (Positive)

*Oberoi Realty:* Net profit up 43.3% at Rs 457.0 cr vs Rs 319 cr, Revenue up 77% at Rs 1217.0 cr vs Rs 689.0 cr YoY (Positive)

*Route:* Net profit up 21.8% at Rs 88.4 cr vs Rs 73 cr, Revenue up 20% at Rs 1,014.6 cr vs Rs 845.8 cr YoY (Positive)

*Intellect:* Net profit up 53.7% at Rs 70.4 cr vs Rs 46 cr, Revenue up 17.3% at Rs 619 cr vs Rs 527.5 cr YoY (Positive)

*Bajaj Holdings:* Net profit up 20% at Rs 1,491.2 cr vs Rs 1,243 cr, Revenue up 19.8% at Rs 224.7 cr vs 187.6 cr YoY (Positive)

*Inox Winds:* Net loss of Rs 24.1 cr Vs loss of Rs 132.9 cr, Revenue at Rs 370.6 cr Vs Rs 107.1 cr YoY (Positive)

*MGL:* Net profit at Rs 338.5 cr vs Rs 164 cr, Revenue up 0.5% at Rs 1,570.9 cr vs Rs 1,562.6 cr YoY (Positive)

*Satin Credit:* Net profit at Rs 106.8 cr vs Rs 57.2 cr, Revenue up at Rs 538.0 cr vs Rs 360.0 cr YoY (Positive)

*HiTech Pipes:* Net profit at Rs 10.5 cr vs Rs 8.0 cr, Revenue at Rs 746.0 cr vs Rs 642.0 cr YoY (Positive)

*Goodluck:* Net profit at Rs 34.7 cr vs Rs 28.6 cr, Revenue at Rs 876.0 cr vs Rs 846.0 cr YoY (Positive)

*Piramal Pharma:* Net profit at Rs 5.0 cr vs loss Rs 37.0 cr, Revenue at Rs 1911.0 cr vs Rs 1720.0 cr YoY (Positive)

*Supreme Petro:* Net profit at Rs 78.0 cr vs Rs 59.0 cr, Revenue at Rs 1273.0 cr vs Rs 1231.0 cr YoY (Positive)

*Laxmi Organics:* Net profit at Rs 23.5 cr vs Rs 8.9 cr, Revenue at Rs 636.0 cr vs Rs 597.0 cr YoY (Positive)

*Jayant Agro:* Net profit at Rs 15.8 cr vs Rs 11.5 cr, EBITDA at Rs 27.3 cr vs Rs 23.5 cr YoY (Positive)

*CDSL:* Net profit at Rs 109.0 cr vs Rs 80.0 cr, Revenue at Rs 207.3 cr vs Rs 149.0 cr YoY (Positive)

*IDFC First:* Net profit up 35.2% at ₹751.3 cr vs ₹556 cr, NII up 31.6% at ₹3,950.2 cr vs ₹3,002.2 cr (YoY) (Positive)

*Mukand:* Company signs power delivery agreement with Tata Power Renewable Energy (Positive)

*HFCL:* Company launched 1728 fibre IBR cable to meet the growing demand of high fibre count cables from data centres and boost 5G network infrastructure (Positive)

*Sterlite:* Company develops 160-micron fibre, the world’s slimmest fibre and cable technology (Positive)

*Cipla:* Raises margin guidance for 2nd consecutive quarter (Positive)

*Gujarat Gas:* Company has announced a price hike of Rs 2.3/scm for its Morbi customers from Nov 1 (Positive)

*Bharti Airtel:* Collaborates with Microsoft to enable integrated calling through Microsoft Teams (Positive)

*SJVN:* Company inked an MoU with M/s Ocean Sun, Norway for collaboration in the field of new technologies in Green & Clean Energy Sector (Positive)

*UltraTech Cement:* Board Approves the 3rd phase of growth with an investment of ₹13,000 crore towards increasing the capacity (Positive)

*HAL:* Company and Safran Aircraft Engines signed a MoU to develop industrial cooperation in Ring forging manufacturing for commercial anginas. (Positive)

*Bank of Maharashtra:* CARE has upgraded its ratings on the Bank’s Tier II Bonds/ Securities (Positive)

*Coal India:* Coal ministry asks Department of Financial Services for classifying coal under infrastructure sector (Positive)

*TNPL:* ICRA has upgraded its ratings on the Company’s various debt instruments (Positive)

*Panacea Biotech:* Arm launches Paclitaxel Protein-Bound particles for injectable suspension in the Canadian market. (Positive)

*IRB Infrastructure:* Company has received Letter of Award from the NHAI for project worth Rs. 4,428 Cr in Uttar Pradesh & Madhya Pradesh (Positive)

*AU Bank:* Fincare Small Finance Bank to merge into AU Small Finance Bank, valued at close to Rs.4409 cr. (Positive)

*Reliance Ind:* Net profit at Rs 17394 cr vs poll Rs 17872 cr, Revenue at Rs 2.35 lakh cr vs poll Rs 2.24 lakh cr (Neutral)

*NTPC:* Net profit at Rs 3885 cr vs poll Rs 3900 cr, Revenue at Rs 40875 cr vs poll Rs 40250 cr (Neutral)
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*News Headlines from Business News Agencies :*

*Business Standard* :*

• Reliance Jio Infocomm Q2 results: Net profit rises 12% to Rs 5,058 crore

• Govt wants telecom service to remain most affordable in entire world: Min

• PhonePe scales up its shopping app to compete with large e-commerce firms

• IndiaMart Q2 result: Consolidated net profit at Rs 69.4 cr, revenue up 23%

• Tata Group to make iPhones in India for global market: Rajeev Chandrasekhar

• JioSpaceFiber: Jio previews satellite-based internet connectivity at IMC 23

• India exports mangoes worth $47.98 million, up 19% from last year

• SBI Life Insurance Q2 PAT flat at Rs 380 crore as higher expenses weigh

• Axis Bank capitalised with self-sustaining structure to fund growth: MD

• Aston Martin to double its volume with new South India dealership

• Tamilnad Mercantile Bank Q2 net profit increases 5% to Rs 274 crore

• Irdai sets up 12-member committee to simplify insurance policy wordings

• US move to withdraw some digital trade proposals at WTO to benefit India


*Economic Times :*

• PEDA inks MoU with HPCL for setting up 10 compressed biogas projects in Punjab

• Dhamra LNG terminal built entirely on promoter finance; no financial commitment from IOC, GAIL, say sources

• RBI central board reviews economic, financial developments

• South Eastern Coalfields despatches 100 MT coal in record time

• India's forex reserves fall $2.36 bn to $583.5 bn

• Huawei reports its revenue inched higher in January-September despite US sanctions

• Indian Hotels Q2 Results: PAT jumps 37% YoY to 167 crore

• Govt tightens LLP rules; partners have to declare beneficial interests, intangible contributions

• Mahindra Lifespace Developers records Rs 455 crore pre-sales in July-September

• NBCC sold office space in south Delhi for Rs 1557.51 crore

• Sebi's instant settlement plan faces foreign investor pushback: Report

• Nomura quarterly profit doubles on Japanese stock market strength

• Taiwan chip industry pushes government to speed up renewables


*Mint :*

• Maruti Suzuki Q2 Results: Net profit jumps 80% on year to ₹3,716.5 crore

• NTPC Q2 Results: Net profit rises 16% to ₹3,885 crore

• Dr Reddy's Q2 Results: Net profit rises 33% to ₹1,482 crore, revenue up 9% YoY

• Cipla Q2FY24 results: Net profit rises nearly 45% YoY, total income surges 15%

• RIL Q2 results: Reliance Industries reports net profit of ₹17,394 crore

• Bajaj Finserv Q2 net profit rises 24% to ₹1,929 crore

• JPMorgan Chase CEO Jamie Dimon to sell $141 million worth of company's shares

• Optiemus Infracom to make drones in India for local, global markets

• Vodafone Idea to boost investment in 5G network rollout in India

• City Union Bank Q2 NII down 5.2%, Net profit up 1.5% at Rs 280.6 CR

• Mukand signs power delivery agreement with Tata Power Renewable Energy

• IDFC First Bank Q2 results: Net profit up 35% at ₹751 crore, NII jumps 32%

• AU Small Finance Bank Q2 results: Net profit up 17% at ₹402 crore, NII up 15%

• Airtel teams up with Microsoft to bring calling services via MS Teams

T.me/AlliesFin
By: via Telegram.me/AlliesFin #StockMarket #india

Friday 27 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

#RelianceJio has introduced #JioSpaceFiber, India's first ever satellite-based giga fiber service.

This service has been showcased at the India Mobile Congress, offering high-speed broadband connectivity to unreachable areas within India.

Read more: https://www.livemint.com/technology/tech-news/reliance-jio-unveils-jiospacefiber-indias-first-satellite-based-gigabit-broadband-service-for-nationwide-access-11698381881010.html
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

Bharat Daybook Stocks in News

@AlliesFin

*Venus Pipes:* Net profit at Rs 20.25 cr, up 95.0%, Revenue up 51% at Rs 191.4 cr (YoY) (Positive)

*Railtel:* Net profit at Rs 68.2 cr, up 77.0%, Revenue up 28% at Rs 599.2 cr (YoY) (Positive)

*Dixon:* Net profit of Rs 113.4 cr vs poll of Rs 101.4 cr, Revenues of Rs 4943.0 cr vs poll of Rs 4437.0 cr (Positive)

*AGI Green:* Net profit at Rs 56.2 cr, up 65.0%, Revenue up 20% at Rs 615.0 cr (YoY) (Positive)

*Indian Bank:* Profit up 62.3% at Rs 1988 cr Vs Rs 1225 cr, NII up 22.5% at Rs 5740 cr Vs Rs 4684 cr YoY (Positive)

*ISMT:* Net profit at Rs 51.5 cr, up 70.0%, Revenue up 6% at Rs 748.0 cr (YoY) (Positive)

*Aavas:* Net profit of Rs 122.0 cr vs poll of Rs 117.0 cr, Revenues of Rs 497.4 cr, up 14.0% (Positive)

*Karnataka Bank:* Approves allotment of Rs 800 cr on a preferential basis (Positive)

*Astral:* Starts Commercial Production Of Adhesives Division At Dahej Plant (Positive)

*Kamat Hotels:* Company concludes sale of Mumbai unit to Lateral Hospitality for Rs 125 cr (Positive)

*Lemon Tree:* The company has signed a license agreement for a 50-room property in Visakhapatnam, Andhra Pradesh (Positive)

*Deccan Gold:* Company gets Letter of Intent for mining critical minerals in Chhattisgarh (Positive)

*KIMS:* Care Hospitals poised to buy Kerala-based hospital chain KIMS Healthcare Management: ET Sources (Positive)

*Vodafone:* Net loss at Rs 8,737.9 Cr Vs loss of Rs 7,840 cr, Revenue up 0.6% at rs 10,716.3 cr Vs Rs 10,655.5 cr (QoQ) (Neutral)

*NLC India:* Net profit at Rs 1,084.7 cr Vs Rs 410.9 cr, Revenue down 14.7% at Rs 2,988.5 cr Vs Rs 3,489.3 cr (YoY) (Neutral)

*Laxmi Organics:* Net Profit up 24.4% at Rs 10.7 Cr Vs Rs 9 cr, Revenue at Rs 652.3 cr Vs Rs 652.2 cr (YoY) (Neutral)

*Colgate Q2:* Net Profit at Rs. 340.0 crore versus poll of Rs. 329.0 crore, Revenue at Rs. 1417 crore versus poll of Rs. 1491 crore (Neutral)

*ABAMC:* Net Profit down 7.1% at Rs 178.0 Cr Vs Rs 192 cr, Revenue at Rs 335.0 cr Vs Rs 311.0 cr (YoY) (Neutral)

*Axis Bank:* Board approves appointment of Munish Sharda As Bank’s whole-time director w.e.f. Nov 1, 2023 (Neutral)

*Oberoi Realty:* Company divests its entire 31.67% shareholding in JV with Sangam City Township for Rs 3.6 cr (Neutral)

*Wardwizard:* Comapny signs Rs 2,000 crore MOU with Gujarat government for development of electric vehicle ancillary cluster. (Neutral)

*Novartis India:* Company says it is currently facing shortage of one of its product 'Simulect 20 mg'.

*Quick Heal Q2:* Net Profit down 41.9% at Rs 12.9 cr Vs Rs 22 cr, Revenue down 22.3% at Rs 78.4 cr Vs Rs 100.9 cr (YoY)
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*Today's Headlines :*

@AlliesFin

*Economic Times :*

India cuts floor price for basmati rice exports

Vodafone Idea Q2 Results: Net loss widens to Rs 8,738 crore, revenue growth flat

More Retail's FY23 loss widens to Rs 550 crore, revenue falls 7.4%

Canara Bank Q2 Results: Profit jumps 43% YoY to Rs 3,606 crore on lower provisions

ITR filings climb up by 90% in nine years to 6.37 cr in AY 2021-22: Govt

US economy accelerated to a strong 4.9% rate last quarter as consumers shrugged off Fed rate hikes

ECB holds interest rates for first time in over a year

Govt to meet officials of airlines, travel portals to discuss consumer grievances on Nov 8

Supply chain management platform Blubirch raises $6 million in funding from Cornerstone Ventures, Capital2B

Drone startup UrbanMatrix Technologies raises Rs 6 crore in funding

Deeptech IoT startup Datoms secures $1.2 million in funding led by Yournest VC


*Business Standard :*

Punjab National Bank profit zooms 327% to Rs 1,756 crore in Q2FY24

Tata Sons to infuse Rs 2,000 crore in loss-making subsidiary Tata Tele

In a 1st, Ola Electric rides on festivals to log 200K registrations in a CY

Adani Group seeking to raise $4 bn to fund green hydrogen plans

ACC Ltd Q2FY24 result: Consolidated net profit at Rs 387 cr; revenue up 11%

Asian Paints Q2FY24 results: Net profit rises 54% to Rs 1,205 crore

Quick commerce platform Zepto's FY23 losses widen 3x to Rs 1,272 crore

McLeod Russel to sell Vietnam unit Phu Ben Tea Company for $2.15 mn

Reserve Bank of India allows premature deposit withdrawal up to Rs 1 crore

Govt looks to onboard consultants amid work on investment treaties

Listed global funds pour $1.3 bn into India's equity markets in September


*Financial Express :*

McDonald’s India franchisee Westlife Foodworld Q2 profit drops 29.1% to Rs 22.37 cr on higher costs, revenue up 7.4% YoY

Symphony Ltd posts Q2 profit surges 45.8% to Rs 35 crore, revenue falls 8.9% on-year

India launches reference fuel, to cut import dependency

Govt hikes allocation of wheat under open market sale scheme

Oil minister hints against hike in fuel prices

P-notes investment continues to swell for seventh month on robust macros


*Mint :*

Rallis India Q2 FY24 results: profit rise by 15.41% YOY

Jubilant Foodworks Q2 FY24 results: profit falls by 26.1% YOY

India will manage 8% growth by 2030 if more women join workforce, says report

Mastercard Q3 results: Revenue up 14% at $6.5 billion, Q4 growth forecast cut

Dixon Technologies Q2 Results: Net profit rises 47% to ₹113.36 crore

Colgate Palmolive Q2 Results. Profit jumps 22.3% at ₹340 crore

Shriram Finance slows down farm equipment loans, sees recovery from Q3.
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

GIFT Nifty -16 pts (18950) from last trade 18966 ,

@AlliesFin
Nikkei +311 pts ,
Hangseng +116 pts ,

Dow -251.63 pts ,Nsdq -225.62 pts, S&P -49.54 pts , Bovespa +1946 pt.s , Ftse -59 pts , Dax -161 pts , Cac -26 pts , Crude @ $83.58 brl (+0.37), Brent @ $87.93 brl (-0.00) , Gold @ 1994.90 (-2.50), Silver $22.96 (+0.05), Euro @ $1.0563, JPY @ $150.34, INR @ 83.255


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



JAYBARMARU
Stock  Split From Rs.5/- to Rs.2/-
KSOLVES
Interim Dividend - Rs. - 7.0000
TCIEXP
Interim Dividend - Rs. - 3.0000


*Today's Key Results/Board Meetings*
*27-Oct-23*



3IINFOTECH
General;Quarterly Results
ABCGAS
Quarterly Results
ADVIKCA
General;Quarterly Results
ALPSINDUS
Quarterly Results
ARYAN
General;Quarterly Result
ASTEC
General;Quarterly Results
BAJAJFINSV
Quarterly Results
BAJAJHLDNG
Quarterly Results
BLUEDART
Quarterly Result
BPCL
Quarterly Results
CARBORUNIV
Quarterly Result
CHEMOPH
Quarterly Result
CIPLA
Quarterly Results
CORDSCABLE
Quarterly Results
COSMOFE
Quarterly Result
CUB
Quarterly Results
CYBERTECH
Quarterly Results
DBSTOCKBRO
Quarterly Results
DRONACHRYA
Half Yearly Results
DRREDDY
Quarterly Results
DWARKESH
Quarterly Result
FAMILYCARE
Quarterly Results
GESHI
Quarterly Results;Interim Dividend
GMRINFRA
Quarterly Results
GNA
Quarterly Results
GOLDCOINHF
Quarterly Results
GOODYEAR
Quarterly Results
HEUBACHIND
Quarterly Results
HYPERSOFT
Quarterly ResultsI
CLGeneral;Quarterly Results
INDERGR
General
INDHOTEL
Quarterly Results
INDOSTAR
Quarterly Results
INTELLECT
Quarterly Results
INTENTECH
General;Quarterly ResultsIOBQuarterly Results
IONEXCHANG
Quarterly Results
IRB
Quarterly Results;Interim Dividend
JASCH
Quarterly Results
JCHAC
Quarterly Result
JUBLPHARMA
Quarterly Results
KIRANSY-B
Quarterly Results
LAKSELEC
Quarterly Result
LATENTVIEW
Quarterly Results
LELAVOIR
Quarterly Results
M&MFIN
Quarterly Results
MAHLIFE
General;Quarterly Results
MARUTI
Quarterly Results
MGL
Quarterly Results
MONARCH
Quarterly Results;General
MPSLTD
Quarterly Results;Interim Dividend
MUTHTFN
Quarterly Results
NACLIND
Quarterly Results
NDLVENTURE
Quarterly Results
NOVARTIN
Quarterly Results
NUVAM
Quarterly Result
OSCARGLO
Quarterly Results
PANKAJPIYUS
General
PDMJEPAPER
Quarterly Results
PFS
Quarterly Results
PPLPHARMA
Quarterly Results
RATEGAIN
Quarterly Result
RELIANCE
Quarterly Results
ROUTE
Quarterly Results;Interim Dividend
RPILQuarterly Results
SARDAEN
Quarterly Results
SBFC
Quarterly Results;Employees Stock Option Plan
SBICARD
Quarterly Results
SBILIFE
Quarterly Results;Audited Results
SCHAEFFLER
Quarterly Results
SCTL
General;Quarterly Results
SHALBY
Quarterly Results
SHREDIGCEM
Quarterly Results
SPLPETRO
Quarterly Results;Interim DividendSRF
Quarterly Results
SUMICHEM
Quarterly Results
SWASTIKA
Quarterly Results
TAVERNIER
Quarterly Results
TIMESGTY
Quarterly Results
TIPSFILMS
Quarterly Results
TMB
Quarterly Results
TOKYOFIN
Quarterly Results
TOKYOPLAST
Quarterly Results
TRF
Quarterly Results;General;Audited Results
TTKPRESTIG
Quarterly Results
UJJIVANSFB
Quarterly Results
UNIONBANK
Quarterly Results
URJAGLOBA
Quarterly Results
VINVANI
Quarterly Results
VIVIDIND
Quarterly Results;General
WELSPLSOL
Quarterly Results
ZFCVINDIA
Quarterly Results


*Stock under F&O ban on NSE*
*27-Oct-23*



None
By: via Telegram.me/AlliesFin #StockMarket #india

Thursday 26 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 26-10-2023 :*

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

*TOTAL NET SELL : -58806*

*INDEX FUT. : -3403*

*INDEX OPT. : -47886*

*STOCK FUT. : -6703*

*STOCK OPT. : -815*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 26-OCT-2023 :*

*FIIS : SELL -7,702 (10,239-17,941)*

*DIIS : BUY +6,558 (13,600-7,042)*

*BSE SENSEX : -901 (63,148)*

*NSE NIFTY : -265 (18,857)*

*BSE MIDCAP. : -328 (30,591)*

*BSE SMLCAP. : -116 (36,205)*

*B. CRUDE : $ 87.59*

*GOLD: $1979=INR 62,900 (10gr)*

*SILVER : RS. 75,400 (kg)(5pm)*

*FOREX : RS. $ 83.23 *

*7.26%GOI '33: 7.4070%(99.01)*

*7.18%NEW '33: 7.3667%(98.6975)*

*7.18%GOI '37: 7.4782% (97.45)*
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

DiWALi MuHuRAT PiCKS READY.
GRAB YOUR COPY,
WRITE US
https://wa.me/919869958999
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

@AlliesFin

US markets closed lower after Alphabet results disappointed the street and 10 year rallied back near 5.00%. Dow fell 0.32%, S&P fell 1.43% to close below 4200 for the first time since May and Nasdaq fell 2.43%, registering its worst day since February 21.

USD index traded higher near 106.56, 10 year jumped back towards 4.96% and cboe vix closed near 20.19.

Crude prices reversed from opening losses as worries over Middle East crisis overshadowed gloomy economic outlook and US inventory count. WTI moved above 85, Brent above 90.

Indian stocks traded lower over continued worries on the Middle East crisis and rising yields in the US. Sensex lost 523 points, Nifty closed below 19150 as the markets failed to hold onto opening gains. Banking names along with IT stocks took indices lower as selling pressure intensified on the penultimate day before October expiry.

Global equity sentiments and rising yields may once again put some pressure on markets at open and October series expiry may add to stock specific volatility for the day. As indicated yesterday, participants may start building some positions at every decline (only manageable exposure) for a probable year-end rally starting the November series. For investors, the current fall in stock prices provides an excellent opportunity to rebalance portfolios towards winners of the next bull run.

T,me/AlliesFin
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

India Daybook – Stocks in News


Chalet Hotels: Net profit at Rs 36.4 cr vs Rs 15.7 cr, Revenue up 26.9% at Rs 314.5 cr vs Rs 247.8 cr (YoY) (Positive)

Chennai Petro: Net profit at Rs 1,190.6 cr vs Rs 548.3 cr, Revenue up 12.2% at Rs 16,544.6 cr vs Rs 14,744.8 (QoQ) (Positive)

Axis Bank: Net profit of Rs 5,860 cr vs poll of Rs 5,732 cr, Gross NPA at 1.73% versus 1.96% QoQ (Positive)

Sona BLW: Net Profit up 34.1% at Rs 124 crore, Revenue stood at Rs 787.4 crore, up 20.62% from Rs 652.9 crore YoY (Positive)

Gulf Oil: Net Profit up 40.7% at Rs 74 crore, Revenue stood at Rs 802.3 crore, up 12.0% from Rs 719.0 crore YoY (Positive)

Lakshmi Machines: Revenue is up 8.95% at Rs 1,320.42 crore vs. Rs 1,211.9 crore. Ebitda up 13.29% at Rs 135.96 crore vs. Rs 120.01 crore. (Positive)

Bannari Amman: Revenue is up 17.65% at Rs 600.13 crore vs. Rs 510.06 crore. Ebitda up 35.43% at Rs 92.37 crore vs. Rs 68.2 crore. (Positive)

Indusind Bank: Hinduja brothers confirm plan to hike stake in IndusInd Bank to CNBC-TV18. (Positive)

Macrotech Developers: Company to sell its subsidiary Palava Induslogic 3 to Netherlands’ NewCold India for Rs 153.6 cr (Positive)

SAMIL: Company to start operational reconfiguration of few European units at a cost of up to €30 million. (Positive)

Indus Tower Q2: Net profit up 48.5% at Rs 1,294.7 cr Vs Rs 872 cr, Revenue down 10.5% at Rs 7,132.5 cr Vs Rs 7,966.6 cr (YoY) (Neutral)

Rallis Q2: Net profit up 13.9% at Rs 82 cr vs Rs 72 cr, Revenue down 12.5% at Rs 832 cr vs Rs 951 cr (YoY) (Neutral)

Sonata Soft: Net profit up 3.4% at Rs 124.2 cr vs Rs 120 cr, Revenue down 5.1% at Rs 1,912.6 cr vs Rs 2,015.5 cr (QoQ) (Neutral)

Jubilant Food Q2: Net Profit at Rs. 72.1 crore versus poll of Rs. 77.0 crore, Revenue at Rs. 1345 versus poll of Rs. 1331 crore (Neutral)

CMS Info: Revenue is up 15.27% at Rs 543.73 crore vs. Rs 471.67 crore. Ebitda up 8.53% at Rs 145.64 crore vs. Rs 134.19 crore. (Neutral)

Adani Enterprises: Company repays ₹20 cr commercial paper: Agencies (Neutral)

Affle: Board meeting today to Consider Raising of Funds Via Preferential Issue of Shares/ Securities (Neutral)

SH Kelkar: Company has invested 4.99 million euros in its Europe subsidiary, Keva Europe BV. (Neutral)

Indiabulls Housing: Capri Global Holdings sold 25.37 lakh shares at Rs 157.8/Sh (Neutral)

Tech Mahindra Q2: Net Profit at Rs. 494 crore versus poll of Rs. 650 crore, Revenue at Rs. 12,864 versus poll of Rs. 13,125 crore
T.me/AlliesFin
By: via Telegram.me/AlliesFin #StockMarket #india

Wednesday 25 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 25-10-2023 :*

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

*TOTAL NET BUY : +31439*

*INDEX FUT. : -151*

*INDEX OPT. : +30189*

*STOCK FUT. : +2254*

*STOCK OPT. : -753*

*SEC. IN F&O BAN FOR, 26-Oct-23 :*

*1. RBL BK. 2. DELTACORP*

*ADDITION : DELTACORP*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 25-OCT-2023 :*

*FIIS : SELL -4,236 (9,075-13,312)*

*DIIS : BUY +3,569 (9,638-6,069)*

*BSE SENSEX : -523 (64,049)*

*NSE NIFTY : -160 (19,122)*

*BSE MIDCAP. : -162 (30,920)*

*BSE SMLCAP. : -281 (36,322)*

*B. CRUDE : $ 86.98*

*GOLD: $1977=INR 62,900 (10gr)*

*SILVER : RS. 75,000 (kg)(5pm)*

*FOREX : RS. $ 83.18 *

*7.26%GOI '33: 7.3797%(99.19)*

*7.18%NEW '33: 7.3408%(98.8750)*

*7.18%GOI '37: 7.4483% (97.70)*
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

@AllieaFin

ONLY 2 PEOPLE CAN BUY AT BOTTOM AND SELL AT TOP,
1st IS GOD,
2nd IS LIAR.


By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

GIFT Nifty +47 pts (19310) from Monday's last trade 19263 ,


Nikkei +355 pts ,
Hangseng +474 pts ,

Dow +204.95 pts ,Nsdq +121.55 pts, S&P +30.64 pts , Bovespa +977 pt.s , Ftse +16 pts , Dax +79 pts , Cac +43 pts , Crude @ $83.58 brl (-0.16), Brent @ $88.01 brl (-0.16) , Gold @ 1983.40 (-2.70), Silver $23.08 (-0.03), Euro @ $1.0592, JPY @ $149.86, INR @ 83.015





*Today's Corporate Action*
*25th Oct Ex Date*



INFY
Interim Dividend - Rs. - 18.0000



*Today's Key Results/Board Meetings*
*25-Oct-23*



20MICRONS
Quarterly Results;General
ASAHISONG
Quarterly Results
ASHNOOR
Quarterly Results
AURIONPRO
Quarterly Results
AXISBANK
Quarterly Results
BANARISUG
Quarterly Results
BCPL
General
BHARATWIRE
Quarterly Results
BRIDGESE
Quarterly Results
BTML
General;Rights Issue;Increase in Authorised Capital
CHALET
Quarterly Results
CHENNPETRO
Quarterly Results
CMSINFO
Quarterly Results
CONTICONQuarterly Results;General
CRANESSOFT
Audited Results
DREAMFOLKS
Quarterly Results
GALACTICO
Quarterly Results;General
GODREJIND
General
GULFOILLUB
Quarterly Results
HCKKVENTURE
Quarterly Results
HGIND
Quarterly Results
INDUSTOWER
Quarterly Results
JUBLFOOD
Quarterly Results
JUMBO
Quarterly Results
KUANTUM
General
LAXMIMACH
Quarterly Results
LKPFIN
Quarterly Results
LOYAL
Quarterly Results
MADHAVIPL
Quarterly Results;Genera
lNETWORK18
Quarterly Results
PRECISION
Quarterly Results
RALLIS
Quarterly Results
RESPONIND
Quarterly Results
SEMAC
Quarterly Results
SHANTIGEAR
Quarterly Results
SHAREINDIA
Quarterly Results;Interim Dividend
SHRAJSYNQ
Quarterly Results
SONACOMS
Quarterly Results
SONATSOFTW
Quarterly Results;Bonus issue;Interim Dividend
SPYLQuarterly Results
STARHFL
Quarterly Results;General
SUMERUIND
Quarterly Results
SWARAJENG
Quarterly Results
TECHM
Quarterly Results;Interim Dividend;Audited Results
THAKRAL
General
THIRDFIN
General
TIAANC
Quarterly Results
TPHQ
Quarterly Results;General;Stock  Split
TV18BRDCST
Quarterly Results
VISTARAMAR
Quarterly Results
WELSPUNIND
Quarterly Results



*Stock under F&O ban on NSE*
*24-Oct-23*



The NSE has added RBL Bank to its F&O ban list for October 25, while Indiabulls Housing Finance has been removed from the list.
By: via Telegram.me/AlliesFin #StockMarket #india

Monday 23 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 23-10-2023 :
@AlliesFin

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

*TOTAL NET SELL : -8226*

*INDEX FUT. : -327*

*INDEX OPT. : -14610*

*STOCK FUT. : +6372*

*STOCK OPT. : +340*

*SEC. IN F&O BAN FOR, 25-Oct-23 :*

*1. RBL BK.*

*ADDITION : RBL BK.*
*DELETION : IBULHSGFIN*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 23-OCT-2023 :*

*FIIS : BUY +252 (8,229-7,977)*

*DIIS : BUY +1112 (8,022-6,910)*

*BSE SENSEX : -826 (64,572)*

*NSE NIFTY : -261 (19,282)*

*BSE MIDCAP. : -799 (31,082)*

*BSE SMLCAP. : -1596 (36,603)*

*B. CRUDE : $ 91.66*

*GOLD: $1976=INR 62,900 (10gr)*

*SILVER : RS. 75,500 (kg)(5pm)*

*FOREX : RS. $ 83.19 *

*7.26%GOI '33: 7.4206%(98.92)*

*7.18%NEW '33: 7.3769%(98.6275)*

*7.18%GOI '37: 7.4913% (97.34)*
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*GIFT Nifty -22 pts (19501) from last trade 19523 ,*


Nikkei -192 pts ,
Hangseng clsd ,


Dow -286.89 pts ,Nsdq -202.37 pts, S&P -53.84 pts , Bovespa -849 pt.s , Ftse -97 pts , Dax -246 pts , Cac -105 pts , Crude @ $87.17 brl (+0.91), Brent @ $91.30 brl (-1.21) , Gold @ 1977.10 (-17.30), Silver $23.235 (-0.269), Euro @ $1.0586, JPY @ $149.87, INR @ 83.155





*Today's Corporate Action*
*23rd Oct Ex Date*



VINNY
E.G.M.



*Today's Key Results/Board Meetings*
*23-Oct-23*


ALOKTEXT
Quarterly Results
ATISHAY
Quarterly Results
AURUM
Quarterly Results;General
GANVERSE
Half Yearly Results
KAPILCO
General;Preferential Issue of shares
KKCL
Quarterly Results;Audited Results
LLOYDSME
Quarterly Results;General
MAHLOG
Quarterly Results;General
MHRIL
Quarterly Results
NDTVQuarterly ResultsNRAGRINDQ
Quarterly Results
PNBHOUSING
Quarterly Results
PODDAR
Audited Results
PVVINFRA
General
TORNTPHARM
Quarterly Results
UNISTRMU
Quarterly Results
VEERKRUPA
Half Yearly Results




*Stock under F&O ban on NSE*
*23-Oct-23*



The NSE has retained Indiabulls Housing Finance to its F&O ban list for October 23. Balrampur Chini Mills, Delta Corp, GNFC, India Cements, Manappuram Finance, and MCX India have been removed from the said list.
By: via Telegram.me/AlliesFin #StockMarket #india

Sunday 22 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

FT reports private equity (PE) is struggling to generate asset realizations to fund investor returns - see link and snipped below - and are still (unsuccessfully) seeking "2021 prices".

The reason they are seeking 2021 prices is they haven't yet taken their marks, wanting to pad performance and maintain the illusion of PE/alts generating high returns, low volatility, and "uncorrelated" performance (despite being high fee, levered-equity products).

But of course, all asset prices negatively correlate with tighter money, not just publicly-traded "liquid" assets. That's why they can't exit positions via IPO/trade sale in 2023 at 2021 prices, only at 2023 prices.

Investors and regulators should treat asset-shuffling efforts by PE such as continuation funds (rolling old assets into new funds), and margin loans etc to fund investor distributions, with extreme suspicion/skepticism, & clear evidence of PE overstating their NAVs/returns.

In my view, the whole PE/alts space is massively overallocated & due a meaningful clean out.
T.me/AlliesFin

https://on.ft.com/3FwPHxq via @FT
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

Get Stock Market News n updates on your Device connect
https://telegram.me/AlliesFin

Learn more about Stock Markets connect
https://telegram.me/StockArthi
By: via Telegram.me/AlliesFin #StockMarket #india

Friday 20 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 20-10-2023 :*

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

*TOTAL NET BUY : +6771*

*INDEX FUT. : -636*

*INDEX OPT. : +8186*

*STOCK FUT. : -811*

*STOCK OPT. : +33*

*SEC. IN F&O BAN FOR, 23-Oct-23 :*

*1. IBULHSGFIN*

*ADDITION : NIL*
*DELETION : BALRAMCHIN, GNFC, DELTACORP, INDIACEM, MANAPPURAM, MCX*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 20-OCT-2023 :*

*FIIS : BUY +456 (13,645-13,189)*

*DIIS : BUY +08 (6,870-6,862)*

*BSE SENSEX : -231 (65,398)*

*NSE NIFTY : -82 (19,543)*

*BSE MIDCAP. : -329 (31,881)*

*BSE SMLCAP. : -291(38,199)*

*B. CRUDE : $ 93.10*

*GOLD: $1989=INR 63,300 (10gr)*

*SILVER : RS. 74,500 (kg)(5pm)*

*FOREX : RS. $ 83.12 *

*7.26%GOI '33: 7.4080%(99.0025)*

*7.18%NEW '33: 7.3626%(98.7250)*

*7.18%GOI '37: 7.4709% (97.51)*
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

Current situation:
@AlliesFin

1. Stocks falling like a recession is coming

2. Home prices rising like there's no recession

3. Bonds falling like the Fed is raising rates

4. Gold rising like the Fed is cutting rates

5. Oil prices rising like a major war is coming

6. Tech stocks rising like there's no problem at all

7. War fear and Fii n Dii buying

Whats happening
T.me/AlliesFin
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

India Daybook

@AlliesFin

Stocks in News

*Equitas Bank:* Net profit up at Rs 198.0 cr Vs Rs 116.0 cr, NII up 25.6% At Rs 766.0 cr Vs Rs 610.0 cr YoY (Positive)

*Cyient:* Net profit up 8.6% at Rs 184 cr Vs Rs 169 cr (QoQ) Revenue up 5.5% at Rs 1778 cr Vs Rs 1686.5 cr QoQ (Positive)

*Jindal Stainless:* Net profit up 74.0% At Rs 609.0 cr, Q2 revenue at Rs 9720.0 cr, up 14% YoY (Positive)

*RVNL:* JV gets Rs 174.27 crore contract from Western Railway for civil engineering works in Gujarat (Positive)

*Bharti Airtel:* Amdocs’ platform will enable Airtel to create a single bundled plan and bill for all its services (Positive)

*ITC:* Cigarette volume growth in the 6-7% range vs estimates of 5.6%. (Positive)

*IL&FS Transportation:* Company signs pact with Sekura Roads to sell entire stake of company in Jorabat Shillong Expressway for Rs 1,343 cr (Positive)

*Elecon:* Company gets order for supply, supervision of pipe conveyor system from Arcelormittal Nippon Steel India worth Rs 51.41 crore (Positive)

*Tejas Networks:* Company gets Rs 107.73 crore order from TCS. (Positive)

*Gulf Oil:* Company and S-Oil Seven in pact to expand business in India (Positive)

*Tata Coffee:* Net profit down 60.2% at Rs 56.7 Cr Vs Rs 142.4 Cr, Revenue down 3.1% at Rs 696 cr Vs Rs 718.3 Cr (YoY) (Neutral)

*Tata Comm:* Net profit seen at Rs 221 crore vs poll Rs 335 crore, Revenue seen at Rs 4872 crore vs poll Rs 4860 crore (Neutral)

*HUL:* Company reports Q2 profit at Rs 2717 cr versus estimates Rs 2550 crore, Domestic volume up 2% versus poll of 3-4% (Neutral)

*ITC:*Q2 net profit at Rs 4927 cr vs poll of Rs 4911 cr, Revenues at Rs 16550.0 cr vs Rs 16130.0 cr YoY (Neutral)

*UBL:*Q2 net profit at Rs 107.6 cr vs poll of Rs 114 cr, Revenues at Rs 1888.0 cr vs Rs 1753.0 cr (Neutral)

*Updater Services:* Net profit at Rs 12.39 crore, up 28.26%. Revenue at Rs 576.4 crore, up 0.8% QoQ (Neutral)

*Tanla:* Net profit at Rs 142.0 crore, up 5.27%. Revenue at Rs 1008.6 crore, up 10.7% QoQ (Neutral)

*Aarti Drugs:* Net profit at Rs 39.6 crore, up 2.1%. Revenue at Rs 642 crore, down 6.7% YoY (Neutral)

*Zomato:* SoftBank - SVF Fund to sell 1.1% stake or 9.3 crore shares via block deal via Block Deal (Neutral)

*Tata Motors:* Company to acquire 26.79% stake in Freight Tiger for Rs 150 crore. (Neutral)

*PTC India:* The equity value of Rs 925 cr is subject to adjustments in bid value as per the bid format. (Neutral)

*Gati:* Registrar of Companies approves name change of Gati to Allcargo Gati effective October 19. (Neutral)

*HFCL:* Net profit down 15.2% at Rs 69 cr Vs Rs 82 cr, Revenue down 5.3% at Rs 1111.5 cr Vs Rs 1173.5 cr (YoY)

*Havells:* Net profit seen at Rs 249 crore vs poll Rs 289 crore, Revenue seen at Rs 3900 crore vs poll Rs 4226 crore

*MPhasis:*Q2 net profit at Rs 391.9 cr vs poll of Rs 406 cr, Revenues at Rs 3276.5 cr vs poll of Rs 3325.0 cr.

*Voltas:*Q2 net profit at Rs 35.6 cr vs poll of Rs 98 cr, Revenues at Rs 2293.0 cr vs poll of Rs 2107.0 cr.

*Natco Pharma:* US FDA issues 8 observations for co’s Pharma Division in Kothur Hyderabad (Negative)
*Indoco:* USFDA has issued four observations in Form 483 at the end of the pre-approval inspection.

*Grasim:* Company gets Rs 141 crore demand notice from Rajasthan Stamps Collector.
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

Today's Headlines from :

*Economic Times*

ITC Q2 Results: Profit rises 10% YoY to Rs 4,927 crore, beats estimates

Strong economy may still require rate increases: Fed Chair Jerome Powell

SoftBank to offload 1.1% stake in Zomato worth Rs 1,024 crore via bulk deal: Report

HUL Q2 profit rises 4% to Rs 2,717 crore; dividend @ Rs 18/share

South Indian Bank Q2 Results: Net profit rises 23% YoY to Rs 275 crore

BCIC signs up with Japan's SME organisation to step up manufacturing share to India's GDP

Tata Group considers topping up another $1 billion for super-app arm

Nestle India net rises 37 per cent, sales surge past Rs 5,000 crore

AI startup Imbue gets $12 million in follow-on funding

Overseas remittance fintech HiWi raises Rs 7.5 crore funding from Unicorn India Ventures, others

Agri-inputs ecommerce startup BharatAgri raises $4 million in funding round led by Arkam Ventures

*Business Standard*

PVR Inox Q2FY24 result: Profit at Rs 166 cr; revenue rises to Rs 1,999 cr

UltraTech Q2FY24 results: Net profit up 69% to Rs 1,281 cr, beats estimates

Hindujas tap private credit, foreign banks for Reliance Capital buy

Tata Motors to acquire 26.79% stake in Freight Tiger for Rs 150 crore

Rebel Foods' EatSure partners with railways to provide food on trains

India needs its own P&I entity for maritime, says FM Nirmala Sitharaman

Reserve Bank of India net sells $3.9 billion foreign currency in August

*Financial Express*

IBBI to float discussion papers on CIRP, corporate liquidation soon

NLC charts out Rs 83,000-cr capex plan

Cyient Q2 profit jumps 132.1% at Rs 183.60 crore, revenue up 27.4% on-year

Coforge posts Q2 profit at Rs 181.30 crore, revenue up 15.7% at Rs 2267.20 crore

IndusInd Bank Q2 profit up 22 per cent to Rs 2,202 crore

India-China to contribute half of world’s growth in 2023, 2024: IMF


https://t.me/instantfinanceupdates

Rupee rises 5 paise to close at 83.23 against US dollar

Blue Jet Healthcare eyes Rs 840 cr via IPO; sets price band at Rs 329-346 per share

*Mint*

Microsoft India revenue rises 39% in FY23 on services boost

PE firm Faering Capital invests $30 mn in Vastu Housing Finance

Northern Arc picks ICICI Securities to manage ₹2K cr IPO

Equitas SFB Q2 Results: Net profit up 70% to ₹198 crore, NIIs up 25% YoY

Govt puts in place online authorisation system for laptop imports

Uttarakhand got investments worth over ₹54,000 cr since Sept

Godrej Capital aims for ₹50,000 crore AUM by 2028.
By: via Telegram.me/AlliesFin #StockMarket #india

Thursday 19 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

India Daybook Stocks in News


*RPG Life:* Net profit up 29.5% At Rs 25.9 cr Vs Rs 20 cr, Revenue up 13.9% At Rs 153.6 cr Vs Rs 134.8 cr (YoY) (Positive)

*Titagarh Rail:* Net profit up 46.5% at Rs 70.6 Cr Vs Rs 48.2 cr, Revenue up 54.1% at Rs 935.5 Cr Vs Rs 607.1 cr (YoY) (Positive)

*Bajaj Auto:* Net profit up 20.0% At Rs 1836.0 cr Vs Rs 1530.0 cr, Q2 revenue at Rs 10,777.27 cr Vs poll of Rs 10,810 cr (Positive)

*GPT Infra projects:* Company gets Rs 739 crore contract to construct Prayagraj Southern Bypass in Uttar Pradesh: Exchange Filing (Positive)

*Lemon Tree:* Company signs licence pact for 72-room hotel in Badrinath (Positive)

*Bajaj Healthcare:* Company commissions Alkaloid extraction plant at Vadodara, Gujarat Unit (Positive)

*Power Mech:* Board approves raising funds through QIP, floor price Rs 4,085.4/sh (Positive)

*Lemon Tree Hotels:* Company signs pact for – 'Keys Select by Lemon Tree Hotels' in Vadodara. (Positive)

*Alkyl Amines:* Company starts commercial production at its newly set up plant at the existing Kurkumbh site, Maharashtra (Positive)

*Bharat Agri:* Company to launch soft booking of residential project ‘Wembley’ in Thane (Positive)

*Infosys:* Company and Google Cloud expand alliance to help enterprises transform into AI-first organizations (Positive)

*Bharti Airtel:* Company sees Rs 8,000 crore market opportunity with CCaaS cloud platform launch (Positive)

*ONGC:* Moody’s affirms ONGC's Baa3 local and foreign currency issuer ratings, cites strong business profile, significant oil and gas reserves. (Positive)

*REC:* Company signs agreement with Bank of India to co-finance Rs 30,000 crore worth of projects. (Positive)

MSCI on *IndusInd Bank:* Inflows expected in the range of $250-300 million (Positive)

*ICICI Lombard:* Net profit down 2.2% at Rs 577.3 Cr Vs Rs 590.5 cr, Gross premium up 18.3% at Rs 6,272.3 Cr Vs Rs 5302.6 cr (YoY) (Neutral)

*Indusind Bank:* NII seen at Rs 5076 crore versus poll Rs 5006 crore, PAT seen at Rs 2181 crore versus poll Rs 2066 crore (Neutral)

*Bandhan Bank:* NII seen at Rs 2443 crore versus Poll Rs 2495 crore, PAT seen at Rs 721 crore versus Poll Rs 752 crore (Neutral)

*Astral:* Net profit at Rs 131.0 Cr Vs poll Rs 141.0 Cr, Revenue at Rs 1363.0 Cr Vs Rs 1362 Cr (Neutral)

*Persistent:* Rupee revenue at Rs 2,411.7 cr Vs poll of Rs 2,400 cr, Profit increases 15% from the previous quarter (Neutral)

*HUDCO:* Government to exercise oversubscription option in HUDCO OFS (Neutral)

*Crompton Greaves:* Company appoints D Sundaram as Chairman. (Neutral)

*Dabur:* Certain consumers alleged that hair relaxer products caused ovarian cancer, uterine cancer

*Trident: The entire IT assets of all the senior officials under control of Income Tax Department for scrutiny

*Shoppers Stop:* Net profit down 83.3% at Rs 2.7 cr Vs Rs 16.2 cr, Revenue up 2.6% at Rs 1,039.1 cr Vs Rs 1,012.7 cr (YoY)

*Wipro:* Revenue seen at Rs 22,395 crore versus Poll Rs 22,760 crore, Company cut guidance of -3.5% to -1.5% in constant currency terms versus -2.0%-0.0% QoQ.

*Coforge:* Net profit at Rs 181.3 cr vs poll of Rs 223 cr, Rupee revenue at Rs 2,276.2 cr vs poll of Rs 2,298 cr.
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*News Headlines from Business News Agencies:*

*Business Standard*

• Cabinet hikes DA by 4% for central govt employees; MSP hiked for 6 crops
• Large banks preparing for maturity of RBI's $5 billion forex swap
• Wipro Q2FY24 result: Net profit rises to Rs 2,667 crore; revenue down 0.1%
• Airtel launches CCaaS platform to unify contact centre solutions for firms
• Astral Q2FY24 result: Consolidated net profit up 82% YoY to Rs 131.7 cr
• India to become world's third largest economy by 2027, says JP Morgan MD
• US moves to limit access to advanced chips hurt supply chains: China
• iPhone maker Hon Hai, Nvidia aim for AI factory to expand push into EVs
• DDA launches mega e-auction for prime plots, shops, mobile tower sites
• Himadri Speciality Chemical reports 5.1% revenue decline in Q2FY24
• Diagnostic services firm Manipal HealthMap acquires Medcis Pathlabs
• Birlasoft appoints Selvakumaran Mannappan as chief operating officer
• Glenmark Pharma launches triple-combination drug for Type 2 Diabetes

*Economic Times*

• Union Cabinet approves 13 GW renewable energy project in Ladakh
• Asset management firm Neo raises $35 million from Peak XV Partners
• Bajaj Auto Q2 Results: Net profit jumps 20% YoY to Rs 1,836 crore, beats estimates
• Domestic hydrogen equipment market to touch USD 50 billion by 2030: India Hydrogen Alliance
• GPT Infraprojects bags Rs 739-cr order from NHAI
• Wipro announces merger of 5 subsidiaries with parent, cites 4 reasons
• Air India announces sale fares on Singapore and Bangkok routes
• Happiest Minds Q2 Results: Net profit marginally falls to Rs 58 crore in Q2
• Suzuki eyes exporting Made in India EVs to Japan in 2025: Report
• IIFL Securities Q2 Results: Profit jumps 94% to Rs 107 crore
• Country Garden default talk swirls as offshore debt deadline passes
• JP Morgan, Nomura raise China's 2023 economic growth forecast

*Mint*

• Bandhan Bank Q2 net profit up 245% YoY to ₹721 crore
• UTI AMC Q2FY24 earnings: Net profit drops 9% to ₹183 crore; AUM up 16.89%
• Aditya Birla Sun Life MF launches US Treasury 1-3 Year Bond ETFs FoFs
• Persistent Systems Q2 Results: Revenue up 18% YoY on robust order bookings
• Govt to act against solar power developers flouting local sourcing norms
• Q2 Results: IndusInd Bank reports 22% jump in net profit in September quarter
• PhonePe revenue jumps 77% to ₹2,914 crore in FY23
• LTI Mindtree board approves allotment of 2,000 equity shares for ESOP scheme
• Akasa Air is up against formidable competition on its international routes
• China stabilizes, in the shadow of Country Garden and Evergrande
• IRM Energy IPO subscribed 82% so far on first day; retail portion fully booked
• Syngene MD and CEO Hunt expects US-based Biotech segments recovery by Q4
• Nvidia, Foxconn to Develop New Class of Data Centers Focused on AI
By: via Telegram.me/AlliesFin #StockMarket #india

Wednesday 18 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 18-10-2023 :*

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

*TOTAL NET SELL : -29955*

*INDEX FUT. : -385*

*INDEX OPT. : -28425*

*STOCK FUT. : -1495*

*STOCK OPT. : +350*

*SEC. IN F&O BAN FOR, 19-Oct-23 :*

*1. BALRAMCHIN 2. GNFC 3. DELTACORP 4. HINDCOPPER 5. IBULHSGFIN 6. INDIACEM 7. MCX 8. MANAPPURAM 9. SAIL*

*ADDITION : NIL*
*DELETION : BHEL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 18-OCT-2023 :*

*FIIS : SELL -1,832 (9,761-11,593)*

*DIIS : BUY +1,469 (8,166-6,697)*

*BSE SENSEX : -551 (65,877)*

*NSE NIFTY : -140 (19,671)*

*BSE MIDCAP. : -277 (32,237)*

*BSE SMLCAP. : -123 (38,462)*

*B. CRUDE : $ 91.19*

*GOLD: $1957=INR 62,500(10gr)*

*SILVER : RS. 75,000 (kg)(5pm)*

*FOREX : RS. $ 83.26 *

*7.26%GOI '33: 7.3932%(99.10)*

*7.18%NEW '33: 7.3465%(98.8350)*

*7.18%GOI '37: 7.4576% (97.62)*
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

@AlliesFin

Breakouts

“The breaking of a longer-term consolidation (stage one accumulation or stage three distribution) attracts players from multiple timeframes (both shorter term traders and longer-term investors) who attempt to establish new positions near the beginning of a fresh trend. The breaks of consolidation levels from longer-term timeframes tend to lead to sharp and sustained movement due to competition from different timeframe participants for liquidity.

When trend begins to develop on a longer-term (monthly or weekly) timeframe, view it as a signal that there will be numerous trading opportunities in coming weeks, months and even years. Once underway, the fresh trend will create alignment trade opportunities after short-term pullbacks. Entries after these pullbacks typically offer a low-risk way to participate in established trends. The larger the volume on a break of longer consolidation levels, the greater the odds of a new trend being able to sustain the move. Fundamental developments that accompany a break higher or lower also increase the odds of continued directional movement as more participants are attracted to the action.”

an extract from “TA using multiple timeframes”

by Brian Shannon

We have tested every system under the sun and amazingly, we have found one that actually works well. It is a very good system, but for obvious reasons, I can’t tell you much more about it. The basic premise of the system is that market move sharply, when they move. If there is a sudden range expansion in a market that has been trading narrowly, human nature is to try to fade that price move. When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.”

Paul Tudor Jones II

- Ivanhoff Capital

T.me/AlliesFin

Fwded...
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

@AlliesFin

US stocks ended mixed as 10 year jumped on red hot retail sales data. All the three majors started the day with deep cuts as strong retail sales added to the worries over rate hikes but stocks recovered lost ground towards the end of trade. Dow and S&P managed to close just near / above the flat line but Nasdaq saw a cut of 0.25%.

USD index traded lower near 106.20, 10 year rallied to two week highs near 4.83%, cboe vix closed up near 17.88.

Crude futures traded little changed as fears of demand destruction overshadowed the Middle East crisis, WTI traded near 86.60, Brent near 91.

Indian markets snapped three days of losses as investors turned their focus on ongoing results season. Sensex rose 262 points and Nifty topped 19800 on broad based buying across sectors.

Mixed global equity sentiments and progress of Q2 results season may dominate today's trade at Dalal Street. Worries over rising yields and crude prices may limit indices' rise but better Q2 show from Indian corporates (other than IT heavyweights) and strong local macros may help provide support to stocks at every pullback. Participants may continue to look at opportunities outside indices till global headwinds settle as individual stocks provide enough opportunities to stay in the game and outperform in the near term.

T.me/AlliesFin
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*Today's Headlines :*

*Economic Times :*

India cuts windfall tax on domestic crude, export of diesel, ATF

RBI may opt to roll over $5-b forex swap

Mopup of savings scheme for elderly crosses Rs 1 lakh cr

Can Fin Homes Q2 Results: Net profit rises 11% YoY to Rs 158 crore

ICICI Pru Life Q2 Results: Net profit jumps 23% YoY to Rs 244 crore

Syngene Q2 Results: Net profit jumps 14% to Rs 117 crore

Capex to rise 29% for 13 states, fiscal deficit to widen in FY24: Icra

RBI asks banks to adopt risk-based approach for KYC

Real sports gaming platform Game Theory raises $2 million in funding from Nithin Kamath’s Rainmatter, others

Space-tech startup Agnikul Cosmos raises over $26 million from Celesta Capital, Rocketship


*Business Standard :*

Bajaj Finance Q2 results: Consolidated net profit up 28% to Rs 3,551 cr

L&T Tech PAT grows 5.1%, FY24 revenue guidance slashed to 17.5-18.5%

CCI approves merger of IDFC Ltd with its subsidiary IDFC FIRST Bank

MSIL to issue shares worth Rs 12,841 cr to acquire Gujarat plant from SMC

CCI brings draft Leniency Plus rules for cartels, invites comments

Glenmark gets USFDA nod to market generic version of Otezla tablets

Zensar Technologies Q2 results: Net profit up 206.3% to Rs 173.9 crore

India to spend Rs 143 trillion in infrastructure by 2030, says Crisil

Skill ministry launches IndiaSkills 2023-24, to target 2.5 mn participants

China tells banks to roll over local government debts as risks mount

India's defence exports cross Rs 6,000 crore in FY24, shows DDP data


*Financial Express :*

Uttarakhand government signs MoUs worth Rs 5450 cr with industrial bodies in Dubai

Ericsson India sales up nearly four times in July-September

Hathway Cable Q2 net profit falls 33.7 pc to Rs 20 crore

Dabur receives GST tax demand notice of Rs 320.6 crore

Tata Metaliks Q2 profit jumps by 209% to Rs 44.16 crore, revenue dips 13.9% on-year

Rural workers’ earnings grew at quickest pace in 5 years in Q1: Survey

Rupee rises 2 paise to close at 83.25 against US dollar

GPT Healthcare refiles IPO papers with Sebi


*Mint :*

Boult Audio plans PE fundraising in FY25

Magnitude 5.8 earthquake strikes southern Iran: Report

IRM Energy IPO: Firm mobilises ₹160 crore from anchor investors ahead of issue

Vedanta exploring tie-ups with Japanese tech firms for semiconductor plants

Govt to sell 7% stake in HUDCO via OFS on Oct 18-19, likely to raise ₹1,100 cr

Bank of America Q3 earnings: Net income jumps 10% at $7.8 billion

NHAI implements upgraded traffic management system

US, Korea raise concerns on India's import restrictions on laptops, computers.
By: via Telegram.me/AlliesFin #StockMarket #india

Tuesday 17 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 17-10-2023 :*

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

*TOTAL NET BUY : +11016*

*INDEX FUT. : +464*

*INDEX OPT. : +8838*

*STOCK FUT. : +2187*

*STOCK OPT. : -474*

*SEC. IN F&O BAN FOR, 18-Oct-23 :*

*1. BALRAMCHIN 2. BHEL 3. DELTACORP 4. HINDCOPPER 5. IBULHSGFIN 6. INDIACEM 7. MCX 8. MANAPPURAM 9. SAIL 10. GNFC*

*ADDITION : NIL*
*DELETION : PNB, SUNTV*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 17-OCT-2023 :*

*FIIS : BUY +263 (8,518-8,254)*

*DIIS : BUY +112 (6,492-6,380)*

*BSE SENSEX : +261 (66,428)*

*NSE NIFTY : +80 (19,812)*

*BSE MIDCAP. : +127 (32,514)*

*BSE SMLCAP. : +269 (38,585)*

*B. CRUDE : $ 89.68*

*GOLD: $1926=INR 61,600(10gr)*

*SILVER : RS. 74,000 (kg)(5pm)*

*FOREX : RS. $ 83.26 *

*7.26%GOI '33: 7.3727%(99.2350)*

*7.18%NEW '33: 7.3264%(98.9725)*

*7.18%GOI '37: 7.4451% (97.7250)*
By: via Telegram.me/AlliesFin #StockMarket #india

Monday 16 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*Global bits*

Indian shares seen opening lower as Middle East conflict rattles nerves

China central bank ramps up liquidity support via policy loans, rate unchanged

Amid the fog, look out for China GDP this week

Dollar buoyed by safe-haven bids, rate jitters

South Korea to fine two Hong Kong banks for naked short-selling

Oil, Treasuries, gold prices jump amid Mideast fears

Major US banks show profit boost, but some caution from consumers

Toronto market pares weekly gain as risk appetite wavers

European shares fall on global risk-off mood but log weekly gains

UK's FTSE 100 eases as St. James's Place tumbles

BlackRock signals M&A hunger after sharp drop in inflows

Israel inflation rate eases to 3.8% ahead of rates decision next week

Euro industrial output up in August, but sharply down year-on-year

Reuters
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

India Daybook Stocks in News


*Bajaj Electricals:* Company gets a service order worth Rs 564.20 crore from Power Grid Corporation (Positive)

*KIOCL:* Company to resume operations at Mangalore pellet plant on October 14. (Positive)

*NBCC:* Company gets order worth Rs 80 crore for renovation from Visakhapatnam Port Authority (Positive)

*Indian Bank:* Company partners with subsidiaries of Tata Motors to offer inventory financing solutions through its digital supply-chain finance platform. (Positive)

*Tata Motors:* Company to sell 9.9% stake in Tata Technologies to TPG ahead of IPO (Positive)

*Persistent Systems:* Company appoints Ayon Banerjee as the company’s chief strategy & growth officer w.e.f. October 13, 2023 (Positive)

*Oil Upstream Stocks:* Crude Oil prices jumped by more than 5 percent during Friday. (Positive)

*Mankind Pharma:* Company resumed operation in Sikkim manufacturing facility w.e.f. October 13, 2023: (Positive)

*Laurus Labs:* Company’s associate ImmunoACT gets marketing authorization approval from CDSCO for cancer treatment therapy (Positive)

*Finolex Cables:* NCLAT: Allows Deepak Chhabria to remain chairman of Finolex Cables (Positive)

*MMTC:* GRAVITON RESEARCH CAPITAL bought 1.51 crore shares of company (Positive)

*Intellect:* Company partners with a Premiere Bank in the Philippines for bank-wide Digital Transformation (Positive)

*Skipper:* Manufacturer of Power Transmission and Distribution structures Wins Fresh Orders Worth Rs 588 Crores from domestic and international markets (Positive)

*Apollo Hospitals:* To launch Speciality Boutique Hospital at GK1 in New Delhi – Apollo Cradle Royale (Positive)

*Adani Green:* Hybrid portfolio Capacity Utilisation Factor (CUF) at 45.4% with 880 basis points improvement year-on-year (Positive)

*Dalmia Bharat:* Q2 revenue at Rs 3149.0 cr vs poll Rs 3230.0 cr, Net profit at Rs 124 cr versus Rs 82 cr YoY (Positive)

*Texmaco Rail:* Q2 revenue at Rs 805.0 cr vs Rs 480.0 cr, Net profit at Rs 21.8 cr versus Rs 13.5 cr YoY (Positive)

*Tata Steel Long Products:* Net loss at Rs 135.8 cr vs loss of Rs 333.4 cr, Revenue down 9.4% at Rs 1,734 cr vs Rs 1,913.9 cr YoY (Neutral)

*GTPL Hathway:* Q2 revenue at Rs 780.0 cr vs Rs 650.0 cr, Net profit at Rs 34.2 cr versus Rs 44.9 cr YoY (Neutral)

*Som Distilleries:* Q2 revenue at Rs 247.7 cr vs Rs 146.5 cr, Net profit at Rs 14.9 cr versus Rs 8.2 cr YoY (Neutral)

*Gati:* Sept total volume at 1.09 lk tn, up 8% YoY (From Agencies) (Neutral)

*ICICI Lombard:* Company gets favourable orders for Rs 7.7 crore demand from Tax Authority, Jaipur on October 12, 2023. (Neutral)

*Bajaj Fin:* RBI imposes a monetary penalty of Rs 8.50 lakh on Bajaj Finance for non-compliance with the monitoring of frauds in NBFCs Directions. (Neutral)

*Union Bank:* RBI imposes monetary penalty of Rs 1 crore on Union Bank of India for non-compliance of loans and advances (Neutral)

*Federal Bank:* IFC completes acquisition of additional 7.26 crore shares (Neutral)

*BPCL:* Fitch Ratings affirms BPCL at 'BBB-' with a 'stable' outlook, cites strong government support. (Neutral)

*Indian Oil:* Company approves appointment of Anuj Jain as CFO with effect from October 9. (Neutral)

*Zydus Life:* Company is recalling over 7,000 bottles of Oxybutynin Chloride tablets in the U.S. due to manufacturing issues. (Neutral)

*Transformers and Rectifier:*' Amarendra Kumar Gupta resigns as CFO with effect from October 14, 2023 (Neutral)

*Indian Bank:* Company has reported loans worth Rs 24.8 crore as fraud. (Neutral)

*TCS:* Company fires 19 employees and debars six vendors after concluding resource management investigation. (Neutral)

*M&M:* Income Tax Department has filed an appeal against the order of the Income Tax Tribunal allowing relief to the Company on various disallowances amounting Rs. 432 crores (Neutral)

*NHPC:* Company expects loss/damage of Rs 788 cr caused by flash floods at Teesta basins.
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

GIFT Nifty -4 pts (19730) from last trade 19734 ,


Nikkei -526 pts ,
Hangseng -10 pts ,


Dow +39.15 pts ,Nsdq -188.99 pts, S&P
-21.83 pts , Bovespa -1297 pts , Ftse -45 pts , Dax -238 pts , Cac -101 pts , Crude @ $85.95 brl (-0.40), Brent @ $90.44 brl (-0.36) , Gold @ 1934.86 (-6.96), Silver @ $22.788 (-0.102), Euro @ $1.0519, JPY @ $149.49, INR @ 83.275





*Today's Corporate Action*
*16th Oct Ex Date*



None



*Today's Key Results/Board Meetings*
*16-Oct-23*



 ALSTONE
General  
ARTSONEN
Quarterly Results  
BANASFN
Increase in Authorised Capital  
CEATLTD
Quarterly Results;General  
CHOICEIN
Quarterly Results  
CYIENTDLM
Quarterly Results  
DMR
Half Yearly Results  
FEDERALBNK
Quarterly Results  
FRSHTRP
General  
GARGI
Half Yearly Results  
GHUSHINE
Half Yearly Results  
GRASIM
General  
INDBANK
Quarterly Results  
INDBNK
Quarterly Results  
ISEC
Interim Dividend;Quarterly Results
JAIBALAJI
Quarterly Results;General  
JFL
General  
JIOFIN
Quarterly Results  
MAHABANK
Quarterly Results  
MARBU
Quarterly Results  
MRP
Bonus issue  
NATHBIOGEN
Quarterly Results  
NELCO
Quarterly Results  
ORIENTHOT
Quarterly Results  
PARSHVA
Quarterly Results  
ROSEMER
General  
SELAN
Quarterly Results  
TINPLATE
Quarterly Results  
TRANOCE
Quarterly Results  
UNISTRMU
Quarterly Results  
YATRA
Quarterly Results  



*Stock under F&O ban on NSE*
*16-Oct-23*




1 BALRAMCHIN
2 BHEL
3 DELTACORP
4 HINDCOPPER
5 IBULHSGFIN
6 INDIACEM
7 L&TFH
8 MANAPPURAM
9 PNB
10 SAIL
11 SUNTV
By: via Telegram.me/AlliesFin #StockMarket #india

Friday 13 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*Global bits*

Wall Street falls as Treasury yields rise, investors digest inflation data

Surging rents lift US consumer prices; underlying inflation grinding lower

US Housing remains a puzzle in Fed's inflation fight

China's sept consumer prices flat, factory deflation persists

Singapore keeps monetary policy unchanged, increases review frequency from semi annually to quarterly

Singapore Q3 GDP up 0.7% y/y

India's retail inflation eases to three-month low in September

India's Aug industrial output rises at fastest pace in more than a year

Japan central bankers sees no pressing need to alter yield control policy. BOJ board member Noguchi sees room for L-T rates to rise. Suggests BOJ wait and see if wage hikes may continue. 3% rise in nominal pay needed to offset 2% price hikes. Real wages must turn positive to stimulate consumption.

Clicking towards record: India's festival season spurs online shopping spree.

Argentina central bank hikes key rate to 133% as inflation worsens

Source: Reuters
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

India Daybook Stocks in News


*BGR Energy:* Company gets order worth Rs 112.75 crore from Mangalore Refinery and Petrochemicals. (Positive)

*Ircon:* Company granted 'Navratna' status by government. (Positive)

*Maruti Suzuki:* To Consider Issuing Shares Other Than Cash For Acquiring Suzuki Motor Guj (Positive)

*Citi Gas Companies:* Govt: City gas 12th bid round to cover 5 states, 2 Union territories (Positive)

*Venus Remedies:* Company launched antibiotic formulation Elores in Ecuador (Positive)

*Aviation Stocks:* Air passenger traffic grows 18.3% to 1.22 crore in the month. (Positive)

*SJVN:* Company’s arm gets LoA for development of 100 MW solar project worth of Rs 600 crore. (Positive)

*Tata Motors:* CJ Darcl Logistics signs accord with company: Bloomberg. (Positive)

*IDBI Bank:* Fairfax, Kotak Bank, Avenue Capital among preferred bidders for IDBI Bank. (Positive)

*Sun Pharma:* Company says CEQUA phase 4 data showed sustained improvement: Bloomberg (Positive)

*Kesoram:* Revenue seen at Rs 954 crore versus Rs 845 crore, EBITDA seen at Rs 216 crore versus Rs 138 crore. (Positive)

*GMR Airports:* September passenger traffic at GMR Airports at 94.16 lakh, up 23% year-on-year (Positive)

*IRB Infra:* Executes definitive agreements to implement Samakhiyali Santalpur BOT project (Positive)

*Lupin:* Receives Tentative Approval from U.S. FDA for Calcium, Magnesium, Potassium, and Sodium Oxybates Oral Solution (Positive)

*SJVN:* Subsidiary has received the LOA at a tariff of Rs 2.62 per unit, for the development of a 100 MW solar power project (Positive)

*Gokaldas:* Catamaran Ventures buys 1.12% stake in Q2 (Positive)

*Zaggle Prepaid:* Company enters into a growth agreement with Visa Worldwide (Positive)

*Mahindra Life:* Acquires 5.38 acres of land parcel At Wagholi, Pune (Positive)

*Mphasis:* Company’s arm acquires US-based Sonnick Partners for $132.5 m (Neutral)

*PayTM:* RBI imposes monetary penalty of Rs 5.39 crore on Paytm Payments Bank. (Neutral)

*HCL Tech:* Rupee Revenue reported at Rs 26672 crore versus poll of Rs 26821 crore, Net profit reported at Rs 3830 crore versus poll of Rs 3760 crore (Neutral)

*Infosys:* Rupee Revenue reported at Rs 38994 crore versus poll of Rs 38425 crore, Net profit reported at Rs 6210 crore versus poll of Rs 6225 crore. (Neutral)

*Infosys:* Company cut Revenue guidance to 1%-2.5% versus estimates of 1.0% (Neutral)

*Vedanta:* Company incorporates wholly-owned subsidiary Vedanta Iron and Steel on October 10, 2023. (Neutral)

*TCS:* Revenue seen at Rs 59,692 crore versus Rs 60196 crore, EBIT seen at Rs 14,483 crore versus Rs 14,353crore (Neutral)

*Dr Reddy’s:* US FDA issued 9 observations for its manufacturing facility in Bachupally, Hyderabad

*Panacea Biotec:* US FDA issued an ‘FDA Form 483’ with nine (9) observations for Baddi unit

*HCL Tech:* HCL Tech management on decline in headcount, revised guidance, second half of FY24

*Infosys:* Company cut Revenue guidance to 1%-2.5% versus 1.0%-3.5%
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

Mkt. Updates :

*GIFT Nifty -150 pts (19692) from last trade 19842 ,*

Nikkei -36 pts ,
Hangseng -292 pts ,


Dow -173.73 pts ,Nsdq -85.46 pts, S&P
-27.34 pts , Bovespa Clsd , Ftse +24 pts , Dax -34 pts , Cac -26 pts , Crude @ $83.41 brl (+0.51), Brent @ $86.00 brl (-0.00) , Gold @ 1882.60 (-0.40), Silver @ $21.98 (+0.02), Euro @ $1.0532, JPY @ $149.75, INR @ 83.295


*US GOVT. 10-YR YIELD : 4.68%*


*Today's Corporate Action, 13 Oct Ex Date :*

ADVLIFE
Bonus issue 1:1
INFRATRUST
Income Distribution (InvIT) 
MRP
Bonus issue 2:1
RMC
Bonus issue 1:2


*Today's Key Results/Board Meetings, 13-Oct-23 :*
ABHIJIT
General  
AMAL
Quarterly Results  
ARTSONEN
Quarterly Results  
BIRLAMONEY
Quarterly Results  
DEN
Quarterly Results  
GGPL
Quarterly Results  
GTNINDS
General  
GUJHOTE
Quarterly Results  
HATHWAYB
Quarterly Results  
HDFCLIFE
Quarterly Results  
PREMCAP
Quarterly Results  
STCORP
Quarterly Results  
TATASTLLP
Quarterly Results 
UNIAUTO
General  
VIVANTA
General;Quarterly Results 


*SEC. IN F&O BAN FOR, 13-Oct-23 :*

*1. BALRAMCHIN 2. BHEL 3. DELTACORP 4. HINDCOPPER 5. IBULHSGFIN 6. INDIACEM 7. L&TFH 8. MANAPPURAM 9. PNB 10. SUNTV*

*ADDITION : BHEL, DELTACORP, SUNTV*
*DELETION : NIL*


*Today's Alert :*

*RBI to Conduct Auction of GOI BONDS for INR 340 Billion*
By: via Telegram.me/AlliesFin #StockMarket #india

Thursday 12 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 12-10-2023 :*

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

*TOTAL NET SELL : -31234*

*INDEX FUT. : +252*

*INDEX OPT. : -29951*

*STOCK FUT. : -1063*

*STOCK OPT. : -471*

*SEC. IN F&O BAN FOR, 13-Oct-23 :*

*1. BALRAMCHIN 2. BHEL 3. DELTACORP 4. HINDCOPPER 5. IBULHSGFIN 6. INDIACEM 7. L&TFH 8. MANAPPURAM 9. PNB 10. SUNTV*

*ADDITION : BHEL, DELTACORP, SUNTV*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 12-OCT-2023 :*

*FIIS : SELL -1,862 (8,601-10,464)*

*DIIS : BUY +1,532 (8,706-7,174)*

*BSE SENSEX : -65 (66,408)*

*NSE NIFTY : -17 (19,794)*

*BSE MIDCAP. : +98 (32,322)*

*BSE SMLCAP. : +228 (38,198)*

*B. CRUDE : $ 86.71*

*GOLD: $173=INR 59,700(10gr)*

*SILVER : RS. 73,000 (kg)(5pm)*

*FOREX : RS. $ 83.24 *

*7.26%GOI '33: 7.3493%(99.39)*

*7.18%NEW '33: 7.2977%(99.17)*

*7.18%GOI '37: 7.4241% (97.93)*
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

12/10/2023
BSE:-64(66408)
NSE:-17(19794)
MID:+98(32322)
SML:+228(38198)
FII|FPI:-1862Cr
DII:+1532Cr
B.Crude: 86
Gold$:1884=INR: 58223
Silver: 69892
$/Rs: 83.24
7.18 : 2033 G-Sec: 7.29
NSE PE: 22.39
t.me/AlliesFin
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

India CPI Inflation

Current: 5.02%
Expected: 5.5%
Previous: 6.83%

(Data seen lower than estimates, supportive for INR)

India Industrial Production

Current: 10.3%
Expected: 8.5%
Previous: 5.7%

(Data seen higher than estimates, supportive for INR)
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*Today's Headlines :*

*Economic Times :*

Vedanta forms base metals unit

Go First airline gets expression of interest from Jindal Power

US House Republicans nominate Steve Scalise to replace ousted speaker Kevin McCarthy

Formal job creation under EPFO dips 14.5% in April-July

Exxon Mobil to buy shale rival Pioneer for nearly $60 billion in stock

Bharti Group to buy out French partner AXA's stake in JV

TCS Q2 Results: PAT rises 9% YoY to Rs 11,342 cr; board approves Rs 17,000 crore share buyback

Maruti Suzuki India signs MoU with IDBI to provide dealer financing solutions

Cabinet approves royalty rates for lithium mining, niobium and rare earth elements

GMR lines up Rs 4,000-crore loan to build Vizag international airport

Jungle Ventures launches programme to invest $2 million or above in seed capital

InsuranceDekho bags $60 million, valuation hits $750 million


*Business Standard :*

Meja Urja bets on UP's power demand, plans 5.6 Gw thermal capacity

Aster DM Healthcare's India unit draws suitors valuing business at $1.5 bn

Birla Carbon acquires Belgium based Nanocyl for undisclosed amount

China's CLSA ups India exposure on supportive macroeconomic outlook

Orkla announces restructuring of India operations into three business units

JP Morgan adds India to emerging market debt index; may boost for G-secs

Centre set to restrict sugar exports after poor monsoon rains: Report

India's debt to GDP ratio to peak at 82.3% in FY25, fall in FY29, says IMF

Sebi extends time for investment advisers to comply with qualification rule

Number of MF investors crosses 40 million, SIP flows scale a new high

Banks raise Certificate of deposit by 20 bps in Oct to cater credit demand


*Financial Express :*

Fiber cable quality standards in work for telcos, ISPs

L&T Hydrocarbon Business wins mega order for gas compression plants in Middle East

Govt tightens PLI rules for white goods

PayMate plans IPO in 6-9 months


*Mint :*

Urban Co forays into consumer appliances

Adani refinances $3.7 bn loan in Ambuja, ACC deal

Brent slips to $85/bbl even after Saudi's pledge to stabilise markets

NASA set to unveil first pictures of Bennu asteroid sample

RBI allows SBI MF to acquire 9.99% paid-up share capital in IndusInd Bank

India to become $30 trillion economy by 2050 with per capita income of $21,000

Delta Corp net profit up 1.6% YoY to ₹69.4 crore profit in Q2 FY24

NCLT admits insolvency plea against textile company Shrivallabh Pittie

India September oil product demand up 1.5% sequentially: Report

IMD warns of more rain in Lachen, Lachung in Sikkim until Sunday.
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

India Daybook Stocks in News


*PCBL:* Company has been granted two patents for invention, from the Indian Patent Office (Positive)

*Pricol:* Company has entered into a cooperation agreement with Heilongjiang Tianyouwei Electronics. (Positive)

*Indusind Bank:* RBI allows SBI Mutual Fund to acquire 9.99% of paid-up share capital in Bank. (Positive)

*Aster DM:* PE firms BPEA EQT & OTPP eye Aster DM assets including India biz: Sources to Bloomberg. (Positive)

*Cipla:* Gets EIR from US FDA as Voluntary Action Indicated (VAI) for its manufacturing facility in Long Island, NY, USA (Positive)

*Maruti Suzuki:* Company commences export of India-manufactured Jimny 5-door. (Positive)

*RVNL:* Company emerged lowest bidder of northeast frontier railway project worth Rs 28.73 Cr (Positive)

*EMS:* Company gets contract worth Rs 270.8 Cr from office of Municipal Corporation, Jaipur (Positive)

*Sula Vineyards:* Q2 own brand business grew by 14 percent YoY. (Positive)

*Aurobindo Pharma:* Unit in talks with Merck Sharp & Dohme; signs a limited letter of intent for CMO (Positive)

*Bajaj Hindusthan:* NCLAT set aside CCI's 2018 order (From Agencies). (Positive)

*Shakti Pumps:* Company to invest Rs 114 Cr in its Subsidiary Shakti EV Mobility. (Neutral)

*Suzlon Energy:* Company announces conversion of 16 lakh partly paid-up to fully paid-up equity shares (Neutral)

*Grasim:* Company to consider raising funds on Oct 16. (Neutral)

*Medplus:* Board approves fund raising up to Rs 1,200 Cr via NCDs and warrants (Neutral)

*Adani Enterprises:* Raises ₹700 crore via NCDs on private placement basis (Neutral)

*TCS:* Revenue seen at Rs 59,692 crore versus Rs 60196 crore, EBIT seen at Rs 14,483 crore versus Rs 14,353crore (Neutral)

*Bharti Airtel:* Bharti Life Ventures in pact with JV partner AXA to acquire AXA’s 49% stake in Bharti AXA Life Insurance (Neutral)

*Delta Corp:* Company has reported profit at Rs 69.44 crore, up 1.74 percent YoY.

*Patanjali:* Edible Oil segment faced ongoing pricing pressure during Q2 due to excessive Imports

*Vedanta:* Company's credit rating gets downgrade by India Ratings with negative outlook

*Zaggle Prepaid:* Revenue up 33.7% YoY; PAT down 67.4% YoY.
By: via Telegram.me/AlliesFin #StockMarket #india

Wednesday 11 October 2023

Telegram.me/AlliesFin #StockMarket #india's Post

@AlliesFin

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 11-10-2023 :*

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

*TOTAL NET SELL : -21087*

*INDEX FUT. : +1120*

*INDEX OPT. : -23154*

*STOCK FUT. : +935*

*STOCK OPT. : +10*

*SEC. IN F&O BAN FOR, 12-Oct-23 :*

*1. BALRAMCHIN 2. IBULHSGFIN 3. MANAPPURAM 4. PNB 5. HINDCOPPER 6. L&TFH 7. INDIACEM*

*ADDITION : BALRAMCHIN, HINDCOPPER, INDIACEM*
*DELETION : DELTACROP, MCX*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 11-OCT-2023 :*

*FIIS : SELL -422 (12,527-12,949)*

*DIIS : BUY +1,032 (8,369-7,337)*

*BSE SENSEX : +394 (66,473)*

*NSE NIFTY : +121 (19,811)*

*BSE MIDCAP. : +177 (32,224)*

*BSE SMLCAP. : +291 (37,970)*

*B. CRUDE : $ 85.43*

*GOLD: $1870=INR 59,500(10gr)*

*SILVER : RS. 72,500 (kg)(5pm)*

*FOREX : RS. $ 83.19 *

*7.26%GOI '33: 7.3553%(99.35)*

*7.18%NEW '33: 7.3049%(99.12)*

*7.18%GOI '37: 7.4241% (97.90)*

T.me/AlliesFin
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

TCS: Q2 CONS
NET PROFIT 113.4B RUPEES VS 111B (QOQ); EST 112B

REVENUE 596.9B RUPEES VS 594B (QOQ); EST 601B

EBIT 144.8B RUPEES VS 138B (QOQ); EST 141B

EBIT MARGIN 24.26% VS 23.16% (QOQ); EST 23.6%

CO DECLARED SECOND INTERIM DIVIDEND OF 9 RUPEES PER SHARE

CO TO BUY BACK SHARES WORTH UP TO 170B RUPEES

BUYBACK PRICE 4150 RUPEES/SHR
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

India Daybook Stocks in News


*IFGL Refractories:* Company has received the status of 'Three Star Export House' by the DGFT (Positive)

*Crompton Greaves Consumer:* Company launched a new product named Acenza in the Storage Water Heater segment. (Positive)

*MCX:* Company will go live with its new commodity derivatives platform on October 16, days after SEBI approval. (Positive)

*Union Bank:* Sudarshana Bhat has been elevated to the post of Chief General Manager of Union Bank with effect from October 10. (Positive)

*NCL Industries:* Company has announced cement production for the Q2FY24 at 6,59,300 MT, up 9 percent YoY (Positive)

*HDFC AMC:* CEO Navneet Munot appointed as Chairman of AMFI. (Positive)

*PVR INOX:* NCLT allowed scheme of amalgamation of Shouri Properties with co (Positive)

*Samvardhana Motherson:* Company has incorporated Motherson Groups Investments USA Inc. for acquiring, investing and holding movable and immovable assets of the group (Positive)

*Ugro Capital:* Company's AUM grew 73% year on year to Rs 7,590 crore in Q2 of FY24. Overall efficiency improved by 80 bps to 97.6% in Q2. (Positive)

*PI Industries:* Therachem Research Medilab and Solis Pharmachem have been merged into parent company PI Health Sciences (Positive)

*Fine Organics:* Company has incorporated a wholly owned subsidiary company named ‘Fine Organic Industries (SEZ) Private Limited’ in India. (Positive)

*Titan:* Board of Directors will be meeting on October 17, to consider issuance of non-convertible debentures. (Neutral)

*Birla Corporation:* Company has received an order from the Office of Collector (Mining), Satna, Madhya Pradesh, imposing a penalty of Rs 8.43 crore for excess production of limestone (Neutral)

*Zee Ent:* Served with appeal on behalf of IDBI Trusteeship Services against co before NCLAT, Delhi. (Neutral)

*Wipro:* Signs definitive agreement to subscribe to equity share capital in FPEL Ujwal Private. (Neutral)

*Akzo Nobel:* Company receives communication/demand order for collection of GST along with interest and penalty (Neutral)

*Bank Baroda:* Board meeting today to consider Fund Raising through issuance of long term Bonds for financing of infrastructure and affordable housing (Neutral)

*KPI Green:* Board meeting today to consider Fund Raising through issuance of preferential issue of shares or any other mode (Neutral)

*Aurionpro:* Board meeting today to consider Fund Raising through issuance of preferential issue of shares or any other mode (Neutral)

*Shakti Pumps:* Board meeting today to consider investment of Rs 114.29 Crores in subsidiary Shakti EV Mobility for the next 5 years (Neutral)

*Medplus:* Board meeting today to consider Fund Raising through issuance of preferential issue of shares or any other mode (Neutral)

*Bank Baroda:* RBI asks Bank to suspend on boarding customers onto the ‘bob World’ mobile application.

*EIH Associated:* Shib Sanker Mukherji has resigned from the office of Chairman and Director of the company due to personal reasons
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

Mkt. Updates :

*GIFT Nifty +40 pts (19786) from last trade 19746 ,*

Nikkei +101 pts ,
Hangseng +292 pts ,

Dow +134.65 pts ,Nsdq +84.36 pts, S&P
+22.58 pts , Bovespa +1581 pts , Ftse +136 pts , Dax +295 pts , Cac +141 pts , Crude @ $85.94 brl (-0.03), Brent @ $87.69 brl (-0.04) , Gold @ 1873.60 (-1.70), Silver @ $21.983 (+0.03), Euro @ $1.0605, JPY @ $148.60,  INR @ 83.255


*US GOVT. 10-YR YIELD : 4.64%*


*Today's Corporate Action, 11 Oct Ex Date :*

JYOTISTRUC
E.G.M. 
REFNOL
Amalgamation 


*Today's Key Results/Board Meetings, 11-Oct-23 :*

BANKBARODA
General  
DELTACORP
Quarterly Results  
DPLRight Issue of Equity Shares;Half Yearly Results
INTECCAP
General  
JONJUA
General  
JRELTD
General;Quarterly Results  
MEDPLUS
General  
NATIONSTD
Quarterly Results  
PAVNAIND
Increase in Authorised Capital  
PLASTIBLEN
Quarterly Results  
RSYSTEMINT
Employees Stock Option Plan;General 
SAMHI
Quarterly Results  
SEL
Quarterly Results  
SHAHLON
General  
SHAKTIPUMP
General  
SIGNATURE
Quarterly Results  
TCS
Interim Dividend;Audited Results;Quarterly Results
UNTTEMI
General  
ZAGGLE
Quarterly Results  


*SEC. IN F&O BAN FOR, 11-Oct-23 :*

*1. DELTACROP 2. IBULHSGFIN 3. MANAPPURAM 4. PNB 5. MCX 6. L&TFH*

*ADDITION : NIL*
*DELETION : NIL*
By: via Telegram.me/AlliesFin #StockMarket #india

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

*News Headlines from Business News Agencies :* *Business Standard :* SBI General Insurance result: Net profit jumps 28% to Rs 240 cr in ...