Thursday 29 February 2024

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

Zerodha founder Nithin Kamath had to be hospitalised recently, after suffering a mild stroke.

He was just 45 years old, worked out often, ate well, and even had a six-pack.

As a doctor, it is alarming to see such cases becoming increasingly common in individuals between the ages of 18 and 55.

So, why is it that even healthy individuals are suffering?

Here are the possible causes of Nithin’s stroke, that you should monitor too:

1. Chronic stress:

High-stress environments are common in India, but elevated stress hormones like cortisol can damage blood vessels and contribute to inflammation, increasing stroke risk.

2. Sleep deprivation:

Consistent lack of sleep can disrupt normal hormonal balance and raise blood pressure, potentially affecting cardiovascular health and stroke risk.

3. Emotional trauma:

Nithin had recently lost his father, which he may not have processed completely before diving back into work. Sudden emotional shock or stress can also contribute to heart attacks.

4. Overtraining:

While exercise is generally beneficial, excessive workouts and pushing oneself beyond limits can strain the cardiovascular system, potentially increasing stroke risk.

5. Dehydration:

A lack of water thickens your blood and makes your blood vessels constrict, which can strain your heart over time.

Nithin’s stroke isn’t an isolated incident either — this can happen to anyone.

But recognising the symptoms and acting quickly can significantly improve the chances of a full recovery.

So remember the acronym “FAST” to detect the signs of stroke:

F: Face drooping
A: Arm weakness
S: Speech difficulty
T: Time to call 102

Please repost this to spread awareness, and potentially save the life of someone in your network.

#healthandwellness #startup #workplacewellness #zerodha
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

*SEBI ON SMALL AND MIDCAP*

Many small-cap and mid-cap funds may restrict SIP and lumpsum investments.

They may also limit how much you can withdraw.

Reason for all this?

SEBI wants fund houses to stay alert amid crazy inflows to small-cap schemes.

What exactly has happened?

SEBI has acknowledged that there's froth building up in the mid and small-cap space.

So, it has asked all fund houses to develop policies in the next 21 days to protect investors.

Here are some proactive steps that SEBI has suggested.

1. MODERATE INFLOWS

SEBI has asked fund houses to limit inflows into their schemes.

There are many ways to do it.

Fund houses can cap how much you can invest through SIP or lumpsum.

They can also stop taking fresh inflows.

Depending on the size of a scheme, you will see different fund houses taking different approaches.

In the past, many fund houses have done it.

Examples include SBI Small Cap, Mirae Asset Emerging Bluechip, etc.

2. REBALANCE PORTFOLIOS

SEBI has asked fund houses to “rebalance” their portfolios to ensure investors don’t see the ugly side of redemption pressure.

So, schemes may increase exposure to large-cap stocks and maintain higher cash to meet redemption requests.

3. PROTECT INVESTORS FROM EARLY REDEMPTIONS

In a market downturn, if too many investors start to redeem their investments, it may force fund managers to sell investments in distress.

And it can impact other investors.

So, SEBI wants fund houses to avoid such situations.

What can fund houses do?

They may limit how much one can redeem during a specific period.

This will ensure there’s no sudden mad rush to withdraw.

Of course, different fund houses will come up with different approaches.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

*News Headlines from Business News Agencies :*

*Business Standard :*

India's oil imports from Russia threatened after US imposes new sanctions

ISO raises forecast for size of global sugar deficit for current season

Bitcoin rises 39.7% in Feb, heads for biggest monthly gain since Dec 2020

India to see highest rise in number of ultra-rich in 5 years: Knight Frank

Tech Mahindra, Pegatron ink MoU to develop AI-enabled private 5G networks

Vehicles with Apple's next-generation CarPlay system set to arrive in 2024

Steelmakers look to startups in decarbonisation, sustainability journey

LTIMindtree joins IBM Quantum Network to explore quantum computing

Takeda injects hope: Dengue vaccine clinical trials set to begin in India

Reliance Capital to be delisted from stock exchanges

Juniper Hotels lists at Rs 365 against issue price of Rs 360

Thyrocare completes acquisition of Think Health

*Economic Times :*

Bandhan Mutual Fund files draft document for Nifty Midcap 150 Index Fund

Abu Dhabi sovereign fund to invest space tech, AI this year

Hyperautomation platform Zvolv secures $2 million in funding from Silverneedle, JSW Ventures

Thrasio files for Chapter 11 in bid to restructure its debt

Eli Lilly could launch obesity drug in India next year, CEO says

Lighthouse Funds invests Rs 284 crore in jewellery brand Kushal’s

Domestic manufacturing of semiconductors is the next big space: MeitY Secy

Zerodha’s Rainmatter invests Rs 12 crore in foodtech startup TWF Flours

Top India airlines optimistic on deliveries despite supply woes

Russia diverts LNG supplies for Asia around Africa to avoid Red Sea, LSEG data shows

India’s position unchanged at 42 on International IP Index 2024


*Mint :*

SpiceJet settles ₹235 crore legal dispute with AerCap arm Celestial Aviation

PayU Payments appoints former HDFC chief Renu Sud Karnad as new Chairperson

India's coal imports to fall for first time since pandemic amid high stockpiles

India is a top investment priority for Ikea, says Ingka CEO Jesper Brodin

CarDekho Group’s Rupyy eyes bigger pie of used car financing market

EaseMyTrip partners with Zaggle to streamline expense management solutions

Sony cuts 900 jobs in PlayStation units, shuts London Studio amid challenges

Hospitality growth story in India to remain strong: Marriott's Rajeev Menon

Zee sets up panel to probe regulator’s allegations against company, promoters

Bitcoin surpasses $59,000 mark, highest level since Dec 2021

OpenAI files motion to dismiss New York Times lawsuit

Taxman to step aside for banks in bankruptcy waterfall
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Wednesday 28 February 2024

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

*Selling pressure in Small and Midcap stocks*
observations only by @AlliesFin

SEBI has asked Mutual Funds for disclosure of risk measures taken by them, in case of market correction. It appears huge investment has been done by MF (almost to the tune of 100%) in Small and Midcap Funds, obviously due to huge flow of money from investors. Some MFs have stopped accepting lumpsum investment into Small and Midcap funds. There is no restriction on MFs to invest in these funds. They need not keep cash. However steep rally has caused concern as to how these funds will cope up in case of market crash.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

India Daybook Stocks in News


*GE T&D:* Company bags orders worth Rs 370 cr from Power Grid. (Positive)

*Indostar:* Brookfield, Florintree to invest ₹4,566 cr in Indostar Capital: (Positive)

*Texmaco Rail:* Board approves fund Raising of Rs 150 cr through issue of 83.4 lakh warrants to promoter and non promoter on preferential basis (Positive)

*Tanla Platforms:* Announce the launch of its new product Wisely ATP Spotlight (Positive)

*Indus Towers/VI:* Vodafone Board approves Equity fund raising of upto Rs 20,000 Crores (Positive)

*SJVN:* Company has commissioned 100 MW Raghanesda Solar Power Project located in district Banaskantha, Gujarat. (Positive)

*HCL Tech:* Company sees surge in private 5G adoption across manufacturing and Greenfield sectors (Positive)

*Salasar Techno:* Company gets order worth ₹200 cr from ZETWERK Business for supply of 25,000 mt of solar structures (Positive)

*ICICI Lombard:* ICICI Bank buys 1.65% equity (approx. 81 lk shares) in ICICI Lombard General Insurance for ₹1,356 cr (Positive)

*Godrej Ind:* Godrej Appliances anticipates its premium segment to increase sales turnover by as much as 20% in fiscal 2025. (Positive)

*Torrent Power:* Company has emerged as a successful bidder and received a Letter of Intent from PFC Consulting for the establishment of an inter-state transmission scheme in Solapur (Positive)

*JSW Energy:* Company has secured a Letter of Award from SJVN Ltd for a solar capacity project of 700 MW (Positive)

*Tata Elxsi:* Company and Telefónica have implemented a cloud-native infrastructure management system powered by ETSI Open-Source MANO (Positive)

*ONGC:* Proposal for formation of “ONGC Green Limited” as wholly owned subsidiary of the Company. (Positive)

*TIPS Ind:* Board to meet to consider Buy Back of Shares (Positive)

*NSE Indices:* Meeting of the Index Maintenance Sub-Committee to conduct periodic review of stocks (Neutral)

*Exide Ind:* Invested Rs 24.99 Crores by way of subscription in the equity share capital of its wholly owned subsidiary, "Exide Energy Solutions Limited (Neutral)

*Hind Zinc:* Incorporates “Hindmetal Exploration Services Private Limited with an objective to explore, discover, develop and tap mineral resources. (Neutral)

*Titan:* Company purchased remaining 0.36% stake in Caratlane (Neutral)

*Axis Bank:* RBI approves appointment of Munish Sharda as Executive Director of the bank for 3 year. (Neutral)

*Gland Pharma:* Appoints Alain Kirchmeyer as President of arm Phixen S.A.S. (Cenexi) (Neutral)

*ZEEL:* Company board renamed the independent advisory panel as the independent investigation committee. (Neutral)

*Finolex Cables:* Company said to delist its global depository receipts (Neutral)

*KSB Limited:* Board meeting to consider quarterly results (Neutral)

*Venus Pipes:* Board to meet to Fund Raising Via Equity or Debt (Neutral)

*Swan Energy:* Board to meet to consider and determine the Issue Price for QIP (Neutral)

*PSB:* Board to meet to consider Fund Raising Aggregating Rs 2000 Crores Via Share Issue. (Neutral)

*Capital SFB:* Net Profit up 2.1% at ₹28.9 cr vs ₹28.3 cr YoY. Gross NPA at 2.97% vs 2.73%

*Patanjali:* The Supreme Court served a contempt notice to Patanjali Ayurved for issuing misleading advertisements about health cures
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

Pre Market updates @AlliesFin

GIFT Nifty +50 pts (22247) from last trade 22197 ,


Nikkei -90 pts ,
Hangseng +43 pts ,


Dow -96.82 pts ,Nsdq +59.05 pts, S&P
+8.65 pts , Bovespa +2080 pts , Ftse -1 pts , Dax +133 pts , Cac +18 pts , Crude @ $78.41 brl (-0.46), Brent @ $83.13 brl (+0.60) , Gold @ 2039.10 (-5.00), Silver $22.445 (-0.08), Euro @ $1.0842, JPY @ $150.45, INR @ 82.985





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


 

FIEMIND
Bonus issue 1:1    
PRECISION
Resolution Plan -Suspension   
SOUTHWEST
Interim Dividend - Rs. - 0.2500  



*Today's Key Results/Board Meetings*
*28-Feb-24*




BINNY
A.G.M.;Quarterly Results    
GOLDLEG
General    
KSB
Final Dividend;Audited Results  
MARBLE
Quarterly Results    
NICCOUCO
General    
PRESSURS
Issue Of Warrants    
TDSL
General    
VENUSPIPES
Issue Of Warrants;General  



*Stock under F&O ban on NSE*
*28-Feb-24*



1 ABFRL
2 CANBK
3 INDUSTOWER
4 SAIL
5 ZEEL
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Tuesday 27 February 2024

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

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 27-02-2024 :

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

*TOTAL NET SELL : -31751*

*INDEX FUT. : +139*

*INDEX OPT. : -30816*

*STOCK FUT. : -1083*

*STOCK OPT. : +09*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 27-FEB-2024 :*

*FIIS : SELL -1,509 (16,401-17,910)*

*DIIS : BUY +2,861 (11,803-8,942)*

*BSE SENSEX : +305 (73,295)*

*NSE NIFTY : +76 (22,198)*

*BSE MIDCAP. -39 (39,744)*

*BSE SMLCAP. : -116 (45,888)*

*B. CRUDE : $ 82.28*

*GOLD: $ 2,035=INR 61,470(10gr)*

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

*FOREX : RS. $ 82.89 *

*7.18% GOI '33: 7.0707%(100.74)*

*7.18% GOI '37: 7.1227% (100.48)*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

India Daybook Stocks in News


*Cipla:* Company gets approval to introduce zemdri injection in India. (Positive)

*Lemon Tree:* Company signed license agreement for lemon tree resort in Sankhwas Garh, Rajasthan (Positive)

*Zuari Agro:* Company executed sale deed for sale of land in goa for Rs 80 crore (Positive)

*Crompton Greaves:* HDFC Mutual Funds Stake increases to 7.11% in the company. (Positive)

*HFCL:* Company bags purchase orders worth ₹40.36 cr for supply of optical fiber cables (Positive)

*Alankit:* Company entered into a project with school education department of uttarakhand with value Rs 23.7 crore. (Positive)

*Tanla platforms:* Company announced the launch of its new product trubloq .ai. (Positive)

*Powermech:* Gets order worth Rs 396.3 crore South East Central Railway for execution of civil construction, electrical works (Positive)

*PNC Infra:* Company gets Letter of Acceptance from Madhya Pradesh Government for construction project worth Rs 699 crore (Positive)

*Grauer and Weil:* Board approves issue of bonus shares in the proportion of 1:1(Positive)

*Jindal Stainless:* Union Minister will inaugurate the stainless steel industry’s first green hydrogen project set up by Jindal Stainless (Positive)

*ITI:* Company signs MoUs with Lekha Wireless, Niral Networks and InstaICT to create and manage private 5G ecosystems: (Positive)

*Wipro:* Company to launch joint 5G private wireless solution with Nokia to speed up enterprise digital transformation (Positive)

*Hind Rectifiers:* Company gets supply order worth Rs 200 crore from Indian Railway (Positive)

*MCX:* Company signs MoU with Jakarta Futures Exchange for knowledge sharing and regional development (Positive)

*Canara Bank:* Approves split of 1 equity share of company into 5 (Positive)

*SJVN:* Company inks power usage agreement with Jammu & Kashmir power corp (Positive)

*TVS Motors:* Arm to increase shareholding in Killwatt GmbH to 49% from39.28% for €4 million (Positive)

*Jana SFB:* Company gets RBI approval for re-appointment of Ajay Kanwal as MD & CEO for 3 years effective March 21. (Positive)

*Sigachi Ind:* Forms JV ‘Sigachi Global’ to enter UAE food and pharma market (Positive)

*Bank of Baroda:* Bank cuts car loan interest rates by 65 bps to 8.75% (Neutral)

*Andhra Cement:* Promoter proposes to sell up to 5% stake in company via OFS on February 27 (Neutral)

*Wockhardt:* Company to launch a QIP of Rs 400 crore (Neutral)

*Adani Ent:* Adani defence & aerospace to invest 30b rupees in ammunition & missiles complex in india's uttar pradesh state. (Neutral)

*Associated Alcohols:* Company approved for issuance of upto 900,000 warrants of 485 rupees each to promoters (Neutral)

*IZMO:* Board meeting on March 6 to issue and allot 2,90,784 equity shares pursuant to the conversion of warrants. (Neutral)

*Axis Bank:* Bank inaugurated 21 new branches in Karnataka (Neutral)

*CMS Info Systems:* Promoter to sell up to 26.7% stake in CMS via large trade worth Rs 1,503.8 crore. (Neutral)

*Bandhan Bank:* Bandhan Financial completes acquisition of Aegon Life Insurance Company from AegonIndia and Bennett (Neutral)

*SBI:* Bank was fined ₹2 crore for failing to comply with provisions of the Banking Regulation Act after an inspection by RBI (Neutral)

*Vodafone Idea:* Company’s Board to meet to consider Proposal Relating to Fund Raising (Neutral)

*Indostar:* Company’s Board to meet to consider Proposal Relating to Fund Raising (Neutral)

*Texmaco Rail:* Company’s Board to meet to consider Proposal Relating to Fund Raising (Neutral)

*BGR Energy:* Promoter Entity Sasikala Raghupathy Sold 55.87 Lakh Shares or 7.74% Stake. (Neutral)

*Usha Martin:* Promoter Entity Peterhouse Investments India sold 2 Lakh equity shares in open market (Neutral)

*One 97 communication:* Vijay Shekhar Sharma steps down as Part-Time Non-Executive Chairman and Board Member from PayTM payment bank. (Neutral)

*South Indian Bank:* Ex date today for the eligibility of right issue 1:4 (Neutral)

*NMDC:* Ex date today for the eligibility of dividend Rs 5.75/Sh (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

*News Headlines from Business News Agencies :*

*Business Standard :*

YES Bank to boost lending to mid-sized cos to improve return on assets: CEO

Govt waives penalty, approves interest-free loan of FCV tobacco growers

RBI lifting curbs on forex non-deliverable forward arbitrage by banks

Govt's semiconductor strategy makes progress with $21 billion in proposals

Reached settlement with Celestial Aviation,
formalities remain: SpiceJet

M&A deal value in India declines 27% to $136 billion in 2023: Deloitte

Zaggle Prepaid more-than-doubles over issue price amid solid order inflow

China's BYD unveils 1st supercar Yangwang U9, rival to Ferrari, Lamborghini

PM Modi unveil projects worth Rs 41,000 crore for Indian Railways

Truecaller gets call recording with AI transcription, call summary options

MobiKwik' Pocket UPI' to allow wallet payments without linking to bank

Realty, consumer services, capital goods see biggest m-cap expansion in 5 years


*Economic Times :*

Passenger vehicle volume to rise by 5-7 per cent, touch new peak in next fiscal: Report

Tata Digital-backed Cult.fit raises $10 million in funding round led by Valecha Investments

FPIs pare exposure to financial stocks amid rising credit costs

Ola founder Bhavish Aggarwal's Krutrim launches ChatGPT rival in beta mode

Volvo Car India rejigs management team

Ericsson deploys 1 lakh 5G radios for Bharti Airtel

Bristol Myers Squibb opens innovation hub in Hyderabad

Vedanta's $894 million bond interest payment cleared with 7 days' delay

Infibeam Avenues picks up 20% stake in US-based AI company XDuce

VinFast echoes Tesla's demand for India to cut import duty on electric cars

Indian hotel industry to report seven to nine per cent revenue growth in FY25: ICRA

Amazon Pay secures payment aggregator licence from RBI


*Mint :*

Pfizer to invest ₹25 lakh each in six healthcare startups

India to supply 110,000 tonne rice to Guinea-Bissau, Djibouti, Tanzania

Manufacturing to be a major theme for next few years: Equirus MD Ashutosh Tiwari

Capgemini will hire in big numbers in India in FY25

IndiGo launches daily direct flights between Hyderabad and Bangkok

Likely orders from Aramco to boost Kalpataru’s sales

Subhash Chandra not cooperating in Zee fund diversion probe: Sebi tells tribunal

Axis Bank inaugurated 21 new branches in Karnataka

Canara Bank board approves split of each share into 5 shares

Wipro & Nokia launch joint 5G private wireless solution

DreamFolks & Looks Salon partner to offer exclusive beauty and grooming services

Welspun Living expects its revenue from Indian market to triple by 2026-27
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Monday 26 February 2024

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

Mkt. Updates :

GIFT Nifty +8 pts (22230) from last trade 22222 ,

Nikkei +225 pts ,
Hangseng -41 pts ,


Dow +62.42 pts ,Nsdq -44.80 pts, S&P
+1.77 pts , Bovespa -821 pts , Ftse +21 pts , Dax +48 pts , Cac +55 pts , Crude @ $76.52 brl (+0.03), Brent @ $81.59 brl (-0.03) , Gold @ 2043.80 (-5.60), Silver $22.905 (-0.07), Euro @ $1.0819, JPY @ $150.51, INR @ 82.855


US GOVT. 10-YR YIELD : 4.23%


Today's Corporate Action, 26 Feb Ex Date :

FCL
Interim Dividend - Rs. - 1.2000  
GATEWAY
Interim Dividend - Rs. - 0.7500  
NATCOPHARM
Interim Dividend - Rs. - 1.2500  
NEWLIGHT
E.G.M.       
SUPRAJIT
Interim Dividend - Rs. - 1.1000  
VGCL
Interim Dividend - Rs. - 1.2500  


Today's Key Results/Board Meetings, 26-Feb-24 :

ASALCBR
Issue Of Warrants;Preferential Issue of shares
BETXIND
General    
CANBK
Stock  Split    
GRAUWEIL
Bonus issue    
MUZALI
Audited Results    
OMKAR
Scheme of Arrangement    
SPRAYKING
Stock  Split    
STOVACQ
Final Dividend;Audited Results  
TFCILTD
General    
WEWIN
General


SEC. IN F&O BAN FOR, 26.02.2024 :

1. ABFRL 2. ASHOKLEY 3. BALRAMCHIN 4. BIOCON 5. CANBK 6. GMRINFRA 7. GNFC 8. HINDCOPPER 9. PEL 10. PVRINOX 11. RBLBANK 12. SAIL 13. ZEEL

ADDITION : CANBK,
DELETION : NATIONALUM, INDUSTOWER, BANDHANBNK
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Friday 23 February 2024

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

*News Headlines from Business News Agencies :*

*Business Standard :*

Vodafone Idea board to meet on 27 Febr to consider fundraising proposals

Govt allows onion exports to Bangladesh, Mauritius, Bahrain and Bhutan

India on track to be $10 trn economy, set for 3rd largest slot: WEF prez

BOJ Governor Kazuo Ueda keeps upbeat view on inflation, wage outlook

Grasim enters paint biz with Birla Opus, aims Rs 10k cr revenue in 3 years

IKEA India shuts its Mumbai City store, might open another in Pune

GenAI may disappoint in short term due to talent mismatch, biz expectations

Ashok Leyland clocks three million vehicles production milestone

ArcelorMittal's XCarb India Accelerator programme selects three finalists

ED raids office, other locations of Hiranandani Group over FEMA violation

Indian consumers look for AI services but fear unethical use of data: Adobe

SDI issuances by corporates to rise to Rs 100 crore in FY2024: ICRA


*Economic Times :*

RTX’s Collins Aerospace to provide Air India with avionics hardware

GMDC board approves capex of Rs 3,041 cr for FY25

Defence firms see Asia opportunity in Russian absence from air show

Mercedes-Benz says plug-in hybrids to 'stay relevant' amid EV demand slowdown

Indore's BRTS corridor to go green with all-electric bus fleet

Renault Nissan Automotive utilises 85% of renewable energy at TN plant between July-December 2023

Rs 22,500-crore dent! FPIs remain in sell mode, 6 sectors face the brunt

European shares hit all-time highs, global momentum builds

Juniper Hotels IPO subscribed 16% so far on Day 2

Spyre Proptech to raise Rs 400 crore in first phase of Rs 800-crore fund to invest in 30 startups

Nikkei rockets to all-time peak as Nvidia optimism drives chips rally

Consumer, fintech top sectors for venture debt funding in 2023: Report

California lifestyle apparel brand Dockers to expand operations in India


*Mint :*

India Ratings expects GDP growth to slow to 6.5% in FY25

Cash-strapped SpiceJet raises additional ₹316 crore

Order inflow excites ABB India investors but margin risks loom

US hit by cellular outage; thousands of AT&T, Verizon, T Mobile users affected

India's venture-debt market crossed $1 billion in 2023: Report

ICICI Prudential Mutual Fund launches the Nifty LargeMidcap 250 Index Fund

Airtel introduces in-flight roaming packs starting at ₹195

ED requests look out notice against Byju
Raveendran, says report

Ghost Kitchens India raises $5 million for expansion

Hero Future Energies to rope in JP Morgan for pre-IPO fundraise of $200 mn

Vietjet Air signs MoU to buy 20 Airbus A330-900 planes to replace current fleet

SEBI to question Zee's top management over fund diversion allegations

NIIF opens a $200 million wallet for this digital infra firm
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

GIFT Nifty +30 pts (22300) from last trade 22270 ,


Nikkei clsd ,
Hangseng -88 pts ,



Dow +456.87 pts ,Nsdq -49.91 pts, S&P
+105.23 pts , Bovespa +208 pts , Ftse +21 pts , Dax +252 pts , Cac +99 pts , Crude @ $78.33 brl (-0.28), Brent @ $83.16 brl (+0.39) , Gold @ 2034.40 (+3.70), Silver $22.765 (-0.01), Euro @ $1.0823, JPY @ $150.46, INR @ 82.865





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


 

BHARATFORG
Interim Dividend - Rs. - 2.5000 
BLS
Interim Dividend - Rs. - 0.5000 
BOSCHLTD
Interim Dividend - Rs. - 205.0000
CANTABIL
Interim Dividend - Rs. - 0.4000 
CAREERP
Interim Dividend - Rs. - 1.0000 
DYNAMATECH
Interim Dividend - Rs. - 5.0000 
GCSL
Interim Dividend - Rs. - 0.3000 
GRSE
Interim Dividend - Rs. - 7.9200 
INA
E.G.M.    
INDNIPPON
Interim Dividend - Rs. - 10.2500
ISCITRUST
Income Distribution (InvIT)  
KIRLOSENG
Interim Dividend - Rs. - 2.5000 
KSCL
Buy Back of Shares   
MODISONLTD
Interim Dividend - Rs. - 0.5000 
NATIONALUM
Interim Dividend - Rs. - 2.0000 
NICCOPAR
Interim Dividend - Rs. - 0.2000 
NIRLON
Interim Dividend - Rs. - 15.0000
PRIMINDE.G.M.    
REMLIFE
Stock  Split From Rs.5/- to Rs.1/-SANDESH
Interim Dividend - Rs. - 5.0000 
SAURASHCEM
Interim Dividend - Rs. - 1.0000 
SUNTV
Interim Dividend - Rs. - 2.5000 
TAPARIA
Interim Dividend - Rs. - 20.0000
UNIDT
Interim Dividend - Rs. - 0.6000 
XCHANGING
Interim Dividend - Rs. - 15.0000
ZYDUSLIFE
Buy Back of Shares  




*Today's Key Results/Board Meetings*
*23-Feb-24*



AGIIL
General  
BFLAFL
Increase in Authorised Capital  
BLSINFOTE
General  
ENKEIWHEL
Audited Results  
ESAFSFB
General  
FOSECOIND
Final Dividend;Audited Results 
PRIMIND
Issue Of Warrants  
RAIN
Audited Results  
SABTN
General  
SANOFI
Dividend;Audited Results  
TCC
Preferential Issue of shares;General 
VALECHAENG
Quarterly Results  
VANICOM
General



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




1 ABFRL
2 ASHOKLEY
3 BALRAMCHIN
4 BANDHANBNK
5 BIOCON
6 GMRINFRA
7 GNFC
8 HINDCOPPER
9 INDUSTOWER
10 NATIONALUM
11 PEL
12 PVRINOX
13 RBLBANK
14 SAIL
15 ZEEL
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Thursday 22 February 2024

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

Single day mkt cap gain in Nvidia = India’s largest co Reliance Inds total mkt cap.

Indian markets have a long way to go... #bepositive ⁦#alliesfin
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 22-02-2024 :

T.me/AlliesFin

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

*TOTAL NET SELL : -1480*

*INDEX FUT. : +1362*

*INDEX OPT. : -2414*

*STOCK FUT. : -1368*

*STOCK OPT. : +940*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 22-FEB-2024 :*

*FIIS : SELL -1,410 (14,376-15,786)*

*DIIS : BUY +1,824 (10,473-8,649)*

*BSE SENSEX : +535 (73,158)*

*NSE NIFTY : +162 (22,217)*

*BSE MIDCAP. +363 (39,834)*

*BSE SMLCAP. : +248 (45,790)*

*B. CRUDE : $ 83.62*

*GOLD: $ 2,022=INR 61,000(10gr)*

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

*FOREX : RS. $ 82.85 *

*7.18% GOI '33: 7.0682%(100.76)*

*7.18% GOI '37: 7.1136% (100.56)*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Wednesday 21 February 2024

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

The 15 manufacturing sectors under the 'Make In India' initiative:

1. Aerospace and Defence
2. Automotive and Auto Components
3. Pharmaceuticals and Medical Devices
4. Bio-Technology
5. Capital Goods
6. Textile and Apparels
7. Chemicals and Petrochemicals
8. Electronics System Design and Manufacturing
9. Leather & Footwear
10. Food Processing
11. Gems and Jewellery
12. Shipping
13. Railways
14. Construction
15. New and Renewable Energy

(Ministry of Commerce)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 21-02-2024 :

T.me/AlliesFin

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

*TOTAL NET SELL : -14341*

*INDEX FUT. : +627*

*INDEX OPT. : -14792*

*STOCK FUT. : -280*

*STOCK OPT. : +104*

SEC. IN F&O BAN FOR, 22.02.2024

*1. ASHOKLEY 2. BALRAMCHIN 3. BANDHANBNK 4. BIOCON 5. CANBK 6. GMRINFRA 7. GNFC 8. HINDCOPPER 9. INDIACEM 10. INDUSTOWER 11. NATIONALUM 12. PEL 13. PVRINOX 14. RBLBANK 15. ZEEL*

*ADDITION : ASHOKLEY, PEL, PVRINOX*
*DELETION : SAIL*

INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 21-FEB-2024 :

*FIIS : BUY +284 (17,080-16,796)*

*DIIS : SELL -411 (10,152-10,563)*

*BSE SENSEX : -434 (72,623)*

*NSE NIFTY : -142 (22,055)*

*BSE MIDCAP. -507 (39,471)*

*BSE SMLCAP. : -385 (45,542)*

*B. CRUDE : $ 82.19*

*GOLD: $ 2,028=INR 61,250(10gr)*

*SILVER : RS. 75,700 (kg)(5pm)*

*FOREX : RS. $ 82.97 *

*7.18% GOI '33: 7.0522%(100.87)*

*7.18% GOI '37: 7.0985% (100.69)*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

India Daybook Stocks in News

@AlliesFin

*Wipro:* Company and IBM Expand Partnership to Offer New AI Services and Support to Clients (Positive)

*Thermax:* Company has signed a license and technical assistance agreement with South Korea-based Flowtech Co (Positive)

*Ashok Leyland:* Company to set up a Greenfield plant focused on clean mobility in Uttar Pradesh (Positive)

*Union Bank:* Bank approves raising up to ₹3,000 crore via QIP, floor price at ₹142.78/ share (Positive)

*Pricol:* CCI approves Minda Corp acquisition of 8.8% in Pricol (Positive)

*DLF:* Company signs pact with Axis Trustee Services, IREO for acquisition of 28.49 acres land parcels in Haryana. (Positive)

*Zaggle:* Company in pact with Bennett, Coleman & Co for expense management platform (Positive)

*VBL:* Company and premier nutrition trading LLC Dubai has entered into an exclusive snacks appointment agreement to manufacture and package cheetos. (Positive)

*Bajaj Hindusthan:* Company collaborates with everenviro to produce compressed biogas in up (Positive)

*Exxaro:* Board meeting on March 12 to consider the sub-division/ split of equity shares (Positive)

*Hindalco:* Novelis Inc announced that it has confidentially submitted a draft registration statement on Form F-1 with the SEC relating to the proposed initial public offering (Positive)

*ABB:* Net Profit at Rs 338.7 cr vs poll of Rs 300 cr. (Neutral)

*GOCL Corporation:* Promoter Hinduja Capital, Mauritius to reduce their shareholding in GOCL Corporation by about 1% (Neutral)

*Devyani International:* Yum Restaurant India likely to sell 4.4% stake in Devyani International via block deals (Neutral)

*Adany Energy: Fitch affirms Company’s ratings with ‘Stable’ outlook (Neutral)

*Tech Mahindra:* Company announced acquisition of 100% stake in Orchid Cybertech Services (Neutral)

*LTI Mindtree:* Company registers branch office in Czech Republic with effect from February 16. (Neutral)

*Trident:* Company appoints Samir Joshipura as CEO with effect from February 20. (Neutral)

*Tata Steel:* NCLT allowed withdrawal of scheme of amalgamation amongst tata steel and TRF. (Neutral)

*Fivestar:* Board meeting on feb 29 to consider issuance of non - convertible debentures through private placement (Neutral)

*ONGC:* Company approved formation of 50:50 joint ventures with seed equity upto 100m rupees || jv to set up and operate 15 cbg plants. (Neutral)

*Swan Energy:* Company launched QIP to raise up to ₹4,000 crore. floor price set at ₹703.29/share, CNBC sources (Neutral)

*Vedanta:* Supreme Court Will Consider Company’s Plea for Resuming Operations at Copper Smelter Facility in Tamil Nadu (Tuticorin) (Neutral)

*South Indian Bank:* Board meeting to Discuss Matters In Connection with the Rights Issue, Issue Price, Entitlement Ratio, Record Date, Timing, etc (Neutral)

*Medplus:* Board meeting to Discuss Management Recommendation to not proceed with the approval for QIP received from shareholders (Neutral)

*Zee Ent:* Company denies any negotiations, or any other event as stated in the above-mentioned article, and we categorically confirm that the abovementioned news item is factually incorrect.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

GIFT Nifty +18 pts (22250) from last trade 22232 ,


Nikkei -36 pts ,
Hangseng -65 pts ,

Dow -64.19 pts ,Nsdq -144.87 pts, S&P
-30.06 pts , Bovespa +880 pts , Ftse -9 pts , Dax -23 pts , Cac +26 pts , Crude @ $78.18 brl (+0.00), Brent @ $82.56 brl (-1.00) , Gold @ 2035.50 (-4.30), Silver $23.04 (-0.09), Euro @ $1.0807, JPY @ $149.92, INR @ 82.895





*Today's Corporate Action*
*21st Feb Ex Date*


 


BECTORFOOD
Interim Dividend - Rs. - 1.2500
CUMMINSIND
Interim Dividend - Rs. - 18.0000
ELECTCAST
Interim Dividend - Rs. - 0.5000
HEROMOTOCO
Special Dividend - Rs. - 25.0000
HEROMOTOCO
Interim Dividend - Rs. - 75.0000
JATTAINDUS
E.G.M.     
JKLAKSHMI
Interim Dividend - Rs. - 2.0000
LICI
Interim Dividend - Rs. - 4.0000
MRF
Interim Dividend - Rs. - 3.0000
NCLIND
Interim Dividend - Rs. - 1.5000
PIIND
Interim Dividend - Rs. - 6.0000
POBS 
Interim Dividend - Rs. - 2.0000
PREMCO
Interim Dividend  
SAREGAMA
Interim Dividend - Rs. - 4.0000
SJVN
Interim Dividend - Rs. - 1.1500
SULA
Interim Dividend  
UNIPARTS
Interim Dividend - Rs. - 6.0000
UVDRHOR
Interim Dividend - Rs. - 1.0000



*Today's Key Results/Board Meetings*
*21-Feb-24*




Arshiya, Manjeera Constructions, Marble City India, and VJTF Eduservices will be in focus ahead of quarterly earnings on February 21.


*Stock under F&O ban on NSE*
*21-Feb-24*



1 BALRAMCHIN
2 BANDHANBNK
3 BIOCON
4 CANBK
5 GMRINFRA
6 GNFC
7 HINDCOPPER
8 INDIACEM
9 INDUSTOWER
10 NATIONALUM
11 RBLBANK
12 SAIL
13 ZEEL
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Tuesday 20 February 2024

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

@AlliesFin
GS || PLI Tracker: Latest progress update shows delays and shortfalls

As a push for the “#MakeinIndia” (#MII) initiative, the Government of #India proposed Production Linked Incentive (PLI) schemes for 14 sectors during FY21, at a proposed incentive outlay of $33bn (or Rs2,640bn) over the next 5-6 years (equivalent to 1.4% ofFY22 government expenditure).

The government estimates that this boost to capex around the country under the PLI program has the potential to create ~1.5mn direct and~5mn indirect jobs — implying ~6% incremental manufacturing jobs and 1.2% incremental jobs in the entire economy.

We conducted a deep-dive analysis on each #PLI in a series of 3 reports earlier this year where we concluded that if fully implemented, PLI schemes’ direct impact on the trade deficit (~6% lower), incremental revenue (US$455bn), incremental capex (US$58bn, 21% of #BSE500 private #capex), and annual credit (US$23bn, 6% higher industrial credit) could be meaningful — with upside from ‘second order’ impact from component ecosystem capex, infrastructure build, and higher employment.

Above are the latest updates of the PLI scheme and ‘Make in India’ initiative.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

We are now on Whatsapp Channels, follow AlliesFinServe Channel on WhatsApp https://whatsapp.com/channel/0029VaPrz8AIXnlv64xTjs1f
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Sunday 18 February 2024

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

@AlliesFin

#HDFCBank in 3 Years: -10%
#KotakMahindra in 3 Years: -10%

Meanwhile

#Banknifty +24%

#SBI +83%
#Icicibank +64%
#AxisBank +44%
#IndusindBank +38%
#IDFCFirstBank +27%

J&K Bank +360%
#UCO +320%
#SouthIndian +280%
#IOB +272%
#IndianBank +270%
#CanaraBank +250%
#PSB +225%
#DhanlakshmiBank +210%
#CentralBank +200%
#PNB +192%
#BankOfBaroda +190%
#BankOfMah 160%
#FederalBank +75%
#BankOfIndia +62%
#DCBBank +16%

T.me/AlliesFin

Lesson learnt don't get emotional with the Fundamanetals of Trading and Investing.
By: via Telegram.me/AlliesFin #StockMarket #Bharat

Saturday 17 February 2024

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

Today's Headlines from :

*Economic Times*

Government puts guidelines for coaching institutes in public domain, seeks comments

India likely to grow more than 6% between FY23-28: Goldman Sachs

At WTO, India proposes lower cost of cross-border payments

India's forex reserves dip by $5.24 bn to $617.23 bn as of Feb 9

Russian central bank holds rates at 16% after months of tightening

M&M signs supply agreement with Volkswagen Group for e-mobility push

Union Bank receives binding bids for four loans of Rs 525 crore

Government hikes authorised capital of FCI to Rs 21,000 crore

Ministry calls for PLI scheme to boost petroleum output

Max Healthcare Institute acquires Alexis Multi-Speciality Hospital

Online seafood firm Captain Fresh raises $25 million from BII, Nekkanti

*Business Standard*

RBI extends deadline for Paytm Payments Bank restrictions to March 15

Blackstone likely to acquire Carlyle stake in Bharti data centre arm

JSW to invest Rs 65,000 cr for integrated steel complex in Odisha

LIC gets tax refund of Rs 21,740 crore from Income Tax department

MGNREGA scheme led to decline in gender wage gap in rural India: ILO

Govt is mulling listing of PSEs' green energy arms, says Dipam secretary

Outward FDI rises 25.7% to $2.1 billion in January, shows RBI data

Market regulator Sebi urges industry to step up voluntary compliance

IT industry to grow 3.8% in FY24 to cross $250 billion, says Nasscom

*Financial Express*

Tata Power wins bid for Jalpura Khurja Power Transmission Project

Govt starts centralised processing of filings under companies law

UK retail sales jump, suggesting recession will be short-lived

India initiates anti-dumping probe into imports of solar glass from China, Vietnam

RBI vigilant on last mile disinflation: Das

Florintree Capital exits Data Patterns; sells entire stake for Rs 1,102 cr

*Mint*

National Fertilizers Q3 FY24 Results: Profit Falls by 72.76% YoY

Snowman Logistics Q3 FY24 Results: profit rise by 13.65% YOY

SIP inflows surged to ₹18,838 cr in January, active accounts rose by 1.7 cr


ANZ plans to set up a fourth branch in India at Gift City

After Mauritius, UPI to now enable cross-border payments in Nepal as well

Taiwan agrees to hire Indian workers to address labour shortages: Report

Akasa Air to start international operations on March 28

India oil product demand up 8.2% in January, says report.
By: via Telegram.me/AlliesFin #StockMarket #Bharat

Friday 16 February 2024

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

Stocks to Watch @AlliesFin

*Dilip Buildcon* : The i company through a joint venture (Vijay Kumar Mishra Construction-Dilip Buildcon) has declared as an L-1 bidder for the tender floated by Madhya Pradesh's water resources department. The project cost is Rs 412.92 crore.

*UPL* : Global rating downgraded UPL Corporation's Long-Term Issuer Default Rating to 'BB+', from 'BBB-', citing the weak 9MFY24 EBITDA, on lower global crop-protection industry demand due to prolonged destocking, and production overcapacity in China.

*Newgen Software* *Technologies* : The company has entered into an Addendum to the earlier engagement with the same top-tier global management consulting firm by adding further scope of work to build a phase for a growth transformation across the key geographies. The aggregate value of the engagement is $1.55 million.

*Axis Bank, Max Financial* Services: Axis Bank clarified that there is no material impact of the allegations made regarding the Rs 5,100 crore unjust gains in Max Life Insurance share deals.

*Bharat Petroleum Corp* : The company commenced a pilot project to gain experience in handling hydrogen for the automobile sector.

*TVS Motors* : The company has acquired a 28.57% stake in the Indian Foundation for Quality Management for Rs 2.5 crore.

*B.L.Kashyap and Sons* : The company received an order worth Rs 208 crore from Manyata Promoters for the construction of blocks D1 and D2 at Embassy Manyata Business Park Campus, Bangalore.

*Entero Healthcare Solutions* : The healthcare products distributor is set to debut on the BSE and NSE on February 16. The final issue price has been fixed at Rs 1,258 per share.
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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

India Daybook Stocks in News


*Epack*: Net Profit at Rs 4.9 crore versus loss Rs 8.6 crore , Profit Before Tax at Rs 6.9 crore versus Rs 6.24 crore (YoY) (Positive)

*Indian Hotels*: Company has expanded its brand portfolio through a ‘strategic alliance’ with Kolkata's Ambuja Neotia Group for Tree of Life Resorts & Hotel (Positive)

*Cipla:* Company said it has tied up with CSIR to jointly develop a novel ophthalmic formulation for fungal keratitis (Positive)

*NBCC:* Company expects to meet its revenue target of ₹10,000 crore in FY24 (Positive)

*KPI Green*: Company said its wholly-owned subsidiary has received a new order for a 1.5-MW solar power project. (Positive)

*Escorts Kubota:* Company has executed a long-term wage settlement agreement with the Workers' Union for three years. (Positive)

*Lupin:* Company launched Ganirelix Acetate Injection in US for women undergoing fertility treatment. (Positive)

*Tata Motors:* Company is exploring spinoff plans for EV business, Bloomberg sources (Positive)

*Coal India:* Company signs MoU with Haryana Power Purchase Centre for power purchase (Positive)

*Tejas Networks:* Company has received incentives worth of Rs 27.8 crore under PLI scheme (Positive)

*Dilip Buildcon:* Company's joint venture with Vijay Kumar Mishra Construction gets order worth Rs 412.9 crore. (Positive)

*Infosys:* The most recent is a $300 million contract with Singapore-based Pacific International Lines running until 2027, according to industry executives (Positive)

*Sudarshan Chem:* HDFC Mutual Fund Bought 17.75 Lakh Shares at Rs 514/ Share (Positive)

*BPCL:* Company commences pilot project to gain experience in handling hydrogen for automobile sector. (Positive)

*HDFC Bank:* Company said its home loan book reached ₹6.84 lakh crore in the December quarter (Neutral)

*MedPlus Health:* Company said its subsidiary company has received a suspension order of drug license for its store situated at Khopat (Neutral)

*Vedanta:* Finsider International divested a 1.8% stake in Vedanta for ₹1,737 crore through an open market transaction. (Neutral)

*InterGlobe Aviation:* IndiGo with the largest market share, saw a slight dip at 60.2 percent in January 2024, from 61.8 percent (Neutral)

*Route Mobile:* SEBI approves extending timeline for Proximus' open offer by 12 days. (Neutral)

*Axis Bank:* Bank denies wrongdoing in Max Life Insurance shares transaction amidst Swamy's allegations. (Neutral)

*Fineotex:* Board meeting to consider Fund Raising via issue of warrants or debt securities (Neutral)

*Adani Enterprises:* Company's unit Mumbai Travel Retail completes incorporation of wholly-owned subsidiary OIFZCO. (Neutral)
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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

GIFT Nifty +62 pts (22088) from last trade 22016 ,

T.me/AlliesFin

Nikkei +512 pts ,
Hangseng +63 pts ,


Dow +348.85 pts ,Nsdq +47.03 pts, S&P
+29.11 pts , Bovespa +785 pts , Ftse +29 pts , Dax +101 pts , Cac +66 pts , Crude @ $78.15 brl (+0.12), Brent @ $82.85 brl (+1.25) , Gold @ 2015.70 (+0.80), Silver $23.02 (+0.06), Euro @ $1.0773, JPY @ $149.90, INR @ 83.005


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


 

MANINFRA
Interim Dividend - Rs. - 0.5400
AKSHAR
Bonus issue 1:5  
CCL
Interim Dividend - Rs. - 2.5000
NESTLEIND
Interim Dividend - Rs. - 7.0000
POWERGRID
Interim Dividend - Rs. - 4.5000
UNOMINDA
Interim Dividend - Rs. - 0.6500



*Today's Key Results/Board Meetings*
*16-Feb-24*



AEGISLOG
Interim Dividend  
EPACK
Quarterly Results  
INDAGIV
General    
RSYSTEMS
Audited Results;General;Quarterly Results



*Stock under F&O ban on NSE*
*16-Feb-24*


1 ABFRL
2 ASHOKLEY
3 BALRAMCHIN
4 BANDHANBNK
5 BIOCON
6 CANBK
7 DELTACORP
8 HINDCOPPER
9 INDIACEM
10 INDUSTOWER
11 SAIL
12 ZEEL
By: via Telegram.me/AlliesFin #StockMarket #Bharat

Thursday 15 February 2024

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

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 15-02-2024 :

T.me/AlliesFin

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

*TOTAL NET SELL : -79726*

*INDEX FUT. : +492*

*INDEX OPT. : -77452*

*STOCK FUT. : -1779*

*STOCK OPT. : -986*

INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 15-FEB-2024 :

*FIIS : SELL -3,064 (13,658-16,722)*

*DIIS : BUY +2,277 (11,892-9,615)*

*BSE SENSEX : +227 (72,050)*

*NSE NIFTY : +71 (21,911)*

*BSE MIDCAP. +366 (39,622)*

*BSE SMLCAP. : +555 (45,351)*

*B. CRUDE : $ 81.91*

*GOLD: $ 2,004=INR 60,500(10gr)*

*SILVER : RS. 74000 (kg)(5pm)*

*FOREX : RS. $ 82.51 *

*7.18% GOI '33: 7.1110%(100.47)*

*7.18% GOI '37: 7.1570% (100.19)*
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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

@AlliesFin

15/2/2024
BSE:+227(72050)
NSE:+70(21910)
MID:+365(39621)
SML:+554(45351)
*FII|FPI:-3064Cr*
*DII:+2276Cr*
B.Crude: 81
Gold$:1997=INR: 61445
Silver: 70616
$/Rs: 83.04
7.18 : 2033 G-Sec: 7.08
NSE PE: 22.62

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

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

India Daybook Stocks in News

T.me/AlliesFin

*Ashapura Mine*: Net Profit at Rs 36.88 crore versus Rs 2.04 crore , Revenue at Rs 97.11 crore versus Rs 60.34 crore (YoY) (Positive)

*HPL Elect*: Net Profit at Rs 11.5 crore versus Rs 5.6 crore, Revenue at Rs 358 crore versus Rs 286 crore (YoY) (Positive)

*Jyoti CNC*: Net Profit at Rs 48.0 crore versus loss Rs 25.0 crore, Revenue at Rs 378.0 crore versus Rs 238.8 crore (YoY) (Positive)

*NMDC*: Net Profit at Rs 1469.7 crore versus poll Rs 1512.0 crore, Revenue at Rs 5409.9 crore versus poll Rs 5259 crore (YoY) (Positive)

*KPI Green*: Net Profit at Rs 50.6 crore versus Rs 34.45 crore , Revenue at Rs 330 crore versus Rs 179 crore (YoY) (Positive)

*Genesys*: Net profit at ₹15.7 cr vs ₹7.7 cr, Revenue up 9% at ₹59.3 cr vs ₹54.4 cr (YoY) (Positive)

*BHEL:* Company bags order to set up an 800 MW ultra-supercritical thermal power plant in Haryana. (Positive)

*West Coast Paper:* Company doubles capacity for optical fiber cable production (Positive)

*Indigo:* BOC Aviation enters into finance lease transaction with InterGlobe Aviation. (Positive)

*Utkarsh Small Finance Bank:* Board to meet to evaluate reverse merger with holding company, Utkarsh CoreInvest (Positive)

*Gland Pharma*: Net Profit at Rs 191.9 crore versus Rs 231.9 crore, Revenue at Rs 1545.2 crore versus Rs 938.3 crore (YoY) (Positive) (Neutral)

*Muthoot Finance*: Net Profit at Rs 1027.3 crore versus Rs 901.7 crore, NII at Rs 1905 crore versus Rs 1704 crore (YoY) (Neutral)

*Alembic Limited*: Net Profit at Rs 9.9 crore versus Rs 10.8 crore, Revenue at Rs 39.3 crore versus Rs 30.6 crore (YoY) (Neutral)

*Capacite*: Net Profit at Rs 29.52 crore versus Rs 22.85 crore, Revenue at Rs 480 crore versus Rs 443 crore (YoY) (Neutral)

*Suprajit:* Net Profit at Rs 40.2 crore versus Rs 38 crore , Revenue at Rs 724 crore versus Rs 692 crore (YoY) (Neutral)

*Sun TV:* Net Profit at Rs 453.9 crore versus Rs 425 crore, Revenue at Rs 923.2 crore versus Rs 886.9 crore (YoY) (Neutral)

*Crompton:* Net Profit up 0.8% at Rs 86 cr vs Rs 85.3 cr, Revenue up 11.6% at Rs 1,692.7 cr vs Rs 1,516.2 cr (YoY) (Neutral)

*Hinduja Global:* Net Profit down 84.1% at ₹8.2 cr vs ₹51.6 cr, Revenue up 7.6% at ₹1,203.7 cr vs ₹1,119.1 cr (YoY) (Neutral)

*PTC India:* Net Profit down 13.5% at ₹79.4 cr vs ₹91.8 cr, Revenue up 10.6% at ₹3,471.7 cr vs ₹3,138.9 cr (YoY) (Neutral)

*Fineotex Chem:* Net Profit at Rs 33 cr vs Rs 31 cr, Revenue at Rs 138 cr vs Rs 145 cr (YoY) (Neutral)

*ABFRL:* Net loss at ₹77.9 cr vs profit of ₹15.8 cr, Revenue up 16.1% at ₹4,166.7 cr vs ₹3,588.8 cr (YoY) (YoY) (Neutral)

*IRCTC:* Government approves appointment of Sanjay Kumar Jain as CMD (Neutral)

*HUL:* Company in talks with Andhra Pradesh government to collaborate on palm oil production. (Neutral)

*Canara Bank:* Raises Rs 2,000 crore by issuing bonds to fund business growth (Neutral)

*Adani Enterprises:* Company's unit Mumbai Travel Retail completes incorporation of wholly-owned subsidiary OIFZCO. (Neutral)

*NFL*: Net Profit down 72.8% at Rs 150.9 cr vs Rs 554 cr, Revenue down 25.2% at Rs 7,580.9 cr vs Rs 10,134.4 cr (YoY)

*Glenmark Pharma:* Net loss of Rs 470 cr vs profit of Rs 167.0 cr, Revenue at Rs 2507 cr vs Rs 3100 cr (YoY)

*DCAL*: Net loss of ₹59.6 cr vs profit of ₹47 cr, Revenue up 1.8% at ₹651.1 cr vs ₹639.8 cr (YoY)

*One 97 Communications:* Subsidiaries and its associate, Paytm Payments Bank, have received notices and requisitions for information, documents and explanations from the authorities, including the Enforcement Directorate
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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

*News Headlines from Business News Agencies :*

*Business Standard :*

Sebi warns investors against 'unscrupulous entities' promising high returns

Passenger vehicles wholesales grow 14% in Jan, retail catches up

Credit platform Yubi announces partnership with Axis Bank, Muthoot Microfin

Hinduja nears Rs 4,000 cr borrowing deal for Reliance Capital acquisition

Luxury housing sales in India jumped 75% in 2023, threefold in Delhi: CBRE

Wholesale inflation eases to 0.27% in January, food inflation at 3.79%

Adani Green starts generating power at Khavda renewable power plant

Agilus Diagnostics to withdraw DRHP filed with market regulator Sebi

Zee Entertainment accuses Star of breaching ICC TV deal, seeks Rs 68.54 cr

Oyo likely to withdraw IPO papers, may opt for private fundraise: Report

American retail major Walmart sourcing from India hits $30 bn in 20 years.


*Economic Times :*

Sony and Honda EV venture to roll out three models before 2030

FPIs' investment value rises 13% to $738 bn in Dec quarter

Warehousing & logistics sector leasing increase to 21% in 2023

ED seeks overseas transaction details from Paytm Payments Bank

EKI Energy Services sets up biomass briquettes manufacturing plant in Maharashtra

Coca-Cola to increase capacity in India after “robust growth”

Tata Power Renewable, Tata Comm ink Rs 105 cr pact to set up captive solar project

Novelis may take bridge loans for higher capex, says Hindalco MD

Explurger raises $4.5 million in funding round led by Affle

India office market holds potential to increase REIT market size over 6 times, ICRA

Airtel waives off first right of refusal for TCIL's stake in Bharti Hexacom

NDR InvIT Trust raises Rs 880 crore via private placement

*Mint :*

SC suggests expert panel to explore restart of Vedanta's Sterlite Copper

IndiGo signs financing pact with BOC Aviation for 4 Airbus A320NEO aircraft

Visa, Mastercard stop business payments via commercial cards post RBI instructions

Godrej Properties forays into Hyderabad, acquires 12.5-acre land parcel

FOPE urges pause on NPPA notice, citing potential losses for pharma industry

Tech companies plan to sign accord to combat AI-generated election trickery

Kabira Mobility to launch two electric bikes with India's 1st Al-Powertrain made by Foxconn

Bank of America names Infosys US unit for over 57,000 users data leak

Nvidia market cap threatens Alphabet after overtaking Amazon

MoD signs contract worth Rs.1,752 cr with AWEIL for supply of remote control guns

Audit of Rs 22.7K cr microloans due to large claim amount: Bandhan CEO

Higher coal prices seen impacting steel industry’s growth plans

CONCOR signs MoU with Container Company of Bangladesh
By: via Telegram.me/AlliesFin #StockMarket #Bharat

Wednesday 14 February 2024

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

14/2/2024
BSE:+267(71822)
NSE:+96(21840)
MID:+490(39255)
SML:+512(44796)
FII|FPI:-3929Cr
DII:+2897Cr
B.Crude: 82
Gold$:1990=INR: 61260
Silver: 69360
$/Rs: 83.03
7.18 : 2033 G-Sec: 7.11
NSE PE: 22.59
T.me/AlliesFin
By: via Telegram.me/AlliesFin #StockMarket #Bharat

Tuesday 13 February 2024

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

@AlliesFin

Nifty Cmp 21744
RIL Cmp 2950 becomes first Indian company to hit market cap of 20 lakh cr

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

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

India Daybook Stocks in News

T.me/AlliesFin

*Coal India:* Net Profit at Rs 9094.0 crore versus poll Rs 7719.0 crore, Revenues at Rs 36153.0 crore versus poll Rs 35762.0 crore (Positive)

*GPPL*: Net Profit at Rs 110 crore versus net Rs 79.3 crore, Revenue at Rs 269 crore versus Rs 250 crore (YoY) (Positive)

*Skipper*: Net Profit at Rs 17.8 crore versus Rs 7.1 crore, Revenue at Rs 801 crore versus Rs 444 crore (YoY) (Positive)

*Optiemus Infra*: Net Profit at Rs 17.9 crore versus Rs 12.5 crore, Revenue at Rs 481.0 crore versus Rs 327.0 crore (YoY) (Positive)

*Taparia Tools*: Net Profit at Rs 28.2 crore versus Rs 19.3 crore, Revenue at Rs 208.0 crore versus Rs 193.0 crore (YoY) (Positive)

*Mazdock*: Net Profit at Rs 24.1 crore versus Rs 9.3 crore, Revenues at Rs 60.0 crore versus Rs 37.0 crore (YoY) (Positive)

*SAIL*: Net Profit at Rs 423 crore versus poll Rs 366 crore, Revenues at Rs 23349 crore versus poll Rs 25880 crore (Positive)

*Phoenix Mills*: Net Profit at Rs 279 crore versus Rs 176 crore, Revenues at Rs 986.0 crore versus Rs 684.0 crore (YoY) (Positive)

*JM Fin*: Net Profit at Rs 278 crore versus Rs 190 crore, Revenue at Rs 1236 crore versus Rs 488 crore (YoY) (Positive)

*GE T&D*: Net Profit at Rs 4.9 crore versus Rs 0.7 crore, Revenue at Rs 83.9 crore versus Rs 77.7 crore (YoY) (Positive)

*BLS*: Net Profit at Rs 87.2 crore versus Rs 45.8 crore, Revenue at Rs 438 crore versus Rs 438 crore (YoY) (Positive)

*Captain Poly*: Net Profit at Rs 4.95 crore versus Rs 2.70 crore, Revenue at Rs 83 crore versus Rs 72 crore (YoY) (Positive)

*Sansera*: Net Profit at Rs 48.3 crore versus Rs 38.2 crore, Revenue at Rs 712 crore versus Rs 560 crore (YoY) (Positive)

*E-Mart*: Net Profit at Rs 45.7 crore versus Rs 21.9 crore, Revenue at Rs 178 crore versus Rs 148 crore (YoY) (Positive)

*JSW Energy:* Company unit gets LoA for 500 MW wind capacity by Solar Energy Corporation (Positive)

*Lemon Tree Hotels:* Company signs license agreement for 50 rooms hotel in Telangana (Positive)

*M&M FIn:* Company and IBM collaborated for financial inclusion with the Super App (Positive)

*Hindalco:* Novelis has recorded net income at $121 million for the quarter ended December FY24, growing 10-fold over $12 million in the year-ago period (Positive)

*Aurionpro Solutions:* Company seeks to raise up to ₹200 crore via issue of 9.02 lakh shares at ₹2,215/share via preferential allotment. (Positive)

*DBL:* Net Profit at Rs 107 crore versus Rs 100 crore, Revenue at Rs 2877 crore versus Rs 2300 crore (YoY) (Neutral)

*Glaxo Pharma*: Net Profit at Rs 45.7 crore versus Rs 107 crore, Revenue at Rs 805 crore versus Rs 800 crore (YoY) (Neutral)

*Kirloskar Oil*: Net Profit at Rs 89.8 crore versus Rs 88.2 crore, Revenue at Rs 139 crore versus Rs 122 crore (YOY) (Neutral)

*Manakshia Steel*: Net Profit at Rs 4.8 crore versus Rs 2.8 crore, Revenue at Rs 134 crore versus Rs 156 crore (YoY) (Neutral)

*Lakshmi Machine*: Net Profit at Rs 96.6 crore versus Rs 105 crore, Revenue at Rs 1166 crore versus Rs 1176 crore (YoY) (Neutral)

*Royal Orchid:* Net Profit at Rs 15.6 cr vs Rs 15.3 cr, Revenue at Rs 81.9 cr vs Rs 82.5 cr (YoY) (Neutral)

*Tilaknagar Ind*: Net Profit at Rs 43.8 crore versus Rs 75.9 crore, Revenue at Rs 376 crore versus Rs 303 crore (YoY)

*GR Infra*: Net Profit down 24.9% at ₹242.8 cr vs ₹323.3 cr, Revenue down 2.6% at ₹2,134.1 cr vs ₹2,191.9 cr (YoY) (Neutral)

*HEG:* Net Profit at Rs 37.0 cr vs Rs 102.0 cr, Revenue at Rs 560 cr vs Rs 530 cr (YoY)

*Zee Media:* Net loss of ₹35.9 cr vs loss of ₹19.2 cr, Revenue down 2.3% at ₹167.3 cr vs ₹171.2 cr (YoY)
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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

*News Headlines from Business News Agencies :*

*Business Standard :*

India's incremental demand to equal UK's current power consumption in 3 yrs

Axis Bank willing to work with Paytm if RBI permits: Amitabh Chaudhry

SC issues notice to central govt on GST
anti-profiteering provisions

Maruti Suzuki ventures into electric air copters

PLI scheme's progress slows in key sectors, affecting manufacturing goals

Blinkit introduces 'Single Mode' for solo shoppers ahead of Valentine's Day

Cash-strapped SpiceJet to lay off 1,400 employees as cost-cutting measure

HAL Q3 results: Profit rises 9% to Rs 1,261 cr on high aircraft demand

Sebi ups scrutiny of issue documents amid a rise in IPO in market: Reports

Vedanta's demerger process to be completed in next 9-12 months: Official

UPI payments launched in Sri Lanka, Mauritius to boost economic ties

India's role pivotal in promoting digital public infra, says RBI Guv

RBI to meet NHAI, NPCI to discuss rescue plan for Paytm PB users: Report


*Economic Times :*

Expect rural growth to initiate from Q1 or H1 of next fiscal: NH Bhansali, Emami

Bug crowd raises $102 million from General Catalyst, others

NHPC Q3 net profit falls by 19pc to Rs 628 crore

Oyo approaches SEBI to expedite IPO approval

BPCL plans an oil trading desk in Singapore, Dubai

Tata Motors ties up with Lead IT for greener future

Entero Healthcare is going to expand more into tier II, tier III cities now

Won't be any steep increase in prices in this quarter: Arun Shukla, JK Lakshmi Cement

Hero Future Energies eyeing green hydrogen opportunities

SC sets aside HC order, says IOC & ArcelorMittal Nippon Steel to resolve dispute through arbitration

Electric two wheelers' sales jump despite cut in FAME subsidy

Google pledges $27 million to boost AI skills in Europe


*Mint :*

US judge orders Elon Musk to testify in SEC’s Twitter probe

Union ministries have used up only 68% of revised budgetary allocation for FY24

MNRE brings back ALMM for solar modules; to be in effect from 1 April 2024

Unilever CEO pursuing strategic shift with Peltz's backing

Sachin Bansal's Navi Finserv to raise Rs 600 crore through NCDs

Nvidia CEO Jensen Huang says countries must build sovereign AI infrastructure

Manufacturing sentiment remains upbeat in Q3 and Q4FY24: FICCI

Expect good return opportunity from solar module: Dr Praveer Sinha, Tata Power

India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch

Disney, Reliance merger discussions reach last lap as Feb 17 exclusivity deadline draws near

AI to speed up India’s growth on road to 2047: Microsoft CEO Satya Nadella
By: via Telegram.me/AlliesFin #StockMarket #Bharat

Monday 12 February 2024

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

*India Daybook – Stocks in News*


*Jupiter Life*: Net Profit at Rs 43.7 crore versus net loss Rs 3.8 crore, Revenue at Rs 273 crore versus Rs 228 crore (YoY) (Positive)

*PI IND*: Net Profit at Rs 448.6 crore versus Rs 351.8 crore, Revenue at Rs 1897.5 crore versus Rs 1613.2 crore (YoY) (Positive)

*Auro Pharma*: Net Profit at Rs 940.0 crore versus poll of Rs 351.8 crore, Revenue at Rs 7352.0 crore versus poll of Rs 7442.0 crore (YoY) (Positive)

*Mawana Sugar*: Net Profit at Rs 18.5 crore versus Rs 6.0 crore, EBITDA at Rs 49.0 crore versus Rs 20.0 crore (YoY) (Positive)

*V2Retail*: Net Profit at Rs 24.1 crore versus Rs 9.3 crore, EBITDA at Rs 60.0 crore versus Rs 37.0 crore (YoY) (Positive)

*Elpro*: Net Profit at Rs 23.7 crore versus Rs 13.5 crore, EBITDA at Rs 38.8 crore versus Rs 13.8 crore (YoY) (Positive)

*Filatex*: Net Profit at Rs 35.1 crore versus Rs 2.7 crore, EBITDA at Rs 75.0 crore versus Rs 44.0 crore (YoY) (Positive)

*Jayant Agro*: Net Profit at Rs 9.5 crore versus Rs 4.5 crore, EBITDA at Rs 18.0 crore versus Rs 13.0 crore (YoY) (Positive)

*Auto line*: Net Profit at Rs 4.7 crore versus Rs 2.5 crore, EBITDA at Rs 12.0 crore versus Rs 10.0 crore (YoY) (Positive)

*JTL Infra*: Net Profit at Rs 13.7 crore versus loss Rs 34.0 crore, EBITDA at Rs 148.0 crore versus Rs 63.2 crore (YoY) (Positive)

*HUDCO*: Net Profit at Rs 520 crore versus Rs 254 crore, Revenue at Rs 2013 crore versus Rs 1710 crore (YoY) (Positive)

*Everest Kanto*: Net Profit at Rs 36.7 crore versus loss Rs 17.4 crore, Revenue at Rs 329.0 crore versus Rs 260.0 crore (YoY) (Positive)

*Honasa Consumer*: Net Profit at Rs 25.9 crore versus Rs 7.1 crore, Revenue at Rs 488.2 crore versus Rs 382.1 crore (YoY) (Positive)

*Globus Spirits*: Net Profit at Rs 44.3 crore versus Rs 13.05 crore, Revenue at Rs 876 crore versus Rs 739 crore (QoQ) (Positive)

*Hero moto Corp*: Net Profit at Rs 1073.4 crore versus Rs 711 crore, Revenue at Rs 9723.7 crore versus Rs 8031 crore (YoY) Declares an interim dividend of Rs 75/sh & a special dividend of Rs 25/sh (Positive)

*Remsons Ind*: Net Profit at Rs 3.48 crore versus Rs 2.04 crore, Revenue at Rs 82.21 crore versus Rs 75.58 crore (YoY) (Positive)

*Amruntanjan*: Net Profit at Rs 17.44 crore versus Rs 10.71 crore, Revenue at Rs 116.9 crore versus Rs 97.64 crore (YoY) (Positive)

*DOMS:* Net Profit at Rs 39 crore versus Rs 27 crore, Revenue at Rs 372 crore versus Rs 304 crore (YoY) (Positive)

*SML Isuzu:* Net Profit at Rs 3.0 crore versus loss Rs 1.0 crore, Revenue at Rs 386 crore versus Rs 328 crore (YoY) (Positive)

*Inox Wind Energy*: Net loss at Rs 6.5 crore versus Rs 288.0 crore, Revenue at Rs 504 crore versus Rs 227 crore (YoY) (Positive)

*Inox Wind*: Net profit at Rs 4 crore versus loss Rs 284.0 crore, Revenue at Rs 503 crore versus Rs 226 crore (YoY) (Positive)

*KCP*: Net Profit at Rs 18.4 crore versus loss Rs 7.8 crore, Revenue at Rs 420 crore versus Rs 392 crore (YoY) (Positive)

*Maithan Alloys*: Net Profit at Rs 87.3 crore versus Rs 54.5 crore, Revenue at Rs 447.0 crore versus Rs 683.0 crore (YoY) (Positive)

*Indigo Paints*: Net Profit at Rs 38 crore versus Rs 26 crore, Revenue at Rs 354 crore versus Rs 281.0 crore (YoY) (Positive)

*Updater Services:* Net Profit At Rs 20.8 Cr Vs Rs 5.3 Cr, Revenue Up 17.3% At Rs 636 Cr Vs Rs 542 Cr (YoY) (Positive)

*Advance Enzyme*: Net Profit at Rs 42.5 crore versus Rs 27.9 crore, Revenue at Rs 160 crore versus Rs 142 crore (YoY) (Positive)

*Caplin Points*: Net Profit at Rs 120 crore versus Rs 97 crore, Revenue at Rs 436 crore versus Rs 372 crore (YoY) (Positive)

*Bajaj Hind*: Net Profit at Rs 20.3 crore versus loss Rs 122.8 crore, Revenue at Rs 1741.0 crore versus Rs 1133 crore (YoY) (Positive)

*Monte Carlo:* Company is confident of sales pickup in the fourth quarter, aims to open one store every week in FY25 (Positive)

*Paytm:* Company sets up committee to strengthen compliance & regulatory matters. (Positive)

*Coal India:* India eyes 1 billion tonnes of coal production next year: FM (Positive)
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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

*News Headlines from Business News Agencies :*

*Business Standard :*

Bandhan Bank Q3 results: Net profit jumps over two-fold to Rs 733 crore

Max Healthcare acquires Nagpur-based Alexis Hospital for Rs 412 cr

Direct tax collection reaches 80% of revised FY24 target at Rs 15.60 trn

Near term positive for Delhivery as firm clocks first profit in Q3

Chhattisgarh crosses paddy procurement target at MSP for kharif season

Punjab & Sind Bank, WDRA agreement to offer low-interest loans for farmers

Anti-obesity drug market in India on steady growth path, shows data

LIC expects income tax refund of Rs 25,464 cr in Q4, says chairman

Biocon Biologics partners with Sandoz Australia to sell cancer drugs

Shriram Life Insurance's net profit jumps 61% to Rs 50 cr in Dec quarter

British American Tobacco 'actively' looking to monetise ITC stake

Shinjini Kumar resigned from PPBL board, attended 2 meets as special guest

RBI to meet NHAI, NPCI to discuss rescue plan for Paytm PB users: Report


*Economic Times :*

Mahindra, Embraer tie up for medium transport aircraft in India

Godrej Properties sale bookings may rise to Rs 18k cr surpassing FY24 guidance: Pirojsha Godrej

PVR INOX elevates Mumbai cinema with city's first standalone IMAX with Laser theatre experience

Indian consumer electronics break boundaries; export surge to the US and Europe

Pinterest's weak forecast signals intense competition for ad dollars

Mamaearth Q3 Results: Profit soars 265% YoY to Rs 26 crore; revenue jumps 28%

Integrated Disease Surveillance Programme strengthened in view of future pandemics: Govt

EESL inks initial pacts worth Rs 500 cr with state bodies, industry partners

Russian oil: India’s state oil refiners in talks with Rosneft to secure Russian crude for long term

NCLT notes Amazon Wholesale (India) and service provider should try settlement in insolvency dispute

HPCL to commission Barmer refinery by January 2025: co exec S Bharathan

Oyo expects consistent PAT rise in upcoming quarters, CEO Ritesh Agarwal tells employees

IndianOil-Adani Gas JV to invest Rs 2,500 crore to double gas sales


*Mint :*

IRFC Q3 Results: Net profit increases sequentially to ₹1604 crore

L&T, Matrix chosen for green hydrogen scheme after Jindal India pulls out

ONGC Q3 Results: Net profit drops 10% to ₹10,356 crore, revenue down 2% YoY; dividend declared

Tesla supplier Panasonic secures Novonix's graphite for EV battery

Bajaj Hindusthan Sugar reports Q3 net profit at ₹20.28 crore

OpenAI hits landmark $2 billion revenue as growth zooms

SJVN Q3 results: Net profit falls 51% to ₹139 cr, income declines to ₹607 cr

ArcelorMittal Nippon Steel, IOC agree to appoint arbitrator in Essar Steel case

OVL looking to operate oil projects in Venezuela after US lifts sanctions

PI Industries Q3: Net Profit up 27.5% At ₹448.6 Cr

Campus Activewear reports Q3 Net Profit at ₹24.9 Cr, down 48.5%

Pension funds spike as one-year equity returns jump to 29%: Report

Paytm crisis: Govt panel examining Chinese FDI flow into PPSL, says report
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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

GIFT Nifty +101 pts (21950) from last trade 21849 , @AlliesFin


Nikkei clsd ,


Dow -56.64 pts ,Nsdq +196.95 pts, S&P
+28.70 pts , Bovespa -191 pts , Ftse -22 pts , Dax -37 pts , Cac -18 pts , Crude @ $76.34 brl (-0.50), Brent @ $81.71 brl (-0.48) , Gold @ 2039.20 (+0.50), Silver $22.685 (-0.00), Euro @ $1.0789, JPY @ $149.19, INR @ 83.005





*Today's Corporate Action*
*12th Feb Ex Date*


 

ACGL
Interim Dividend - Rs. - 5.0000
AFFORDABLE
Right Issue of Equity Shares 
BANARBEADS
Interim Dividend - Rs. - 2.0000
CARBORUNIV
Interim Dividend - Rs. - 1.5000
CLEAN
Interim Dividend - Rs. - 2.0000
COCHINSHIP
Interim Dividend - Rs. - 3.5000
DPL
Right Issue of Equity Shares 
EMBASSY
Income Distribution RITES  
ENGINERSIN
Interim Dividend - Rs. - 2.0000
GESHIP
Interim Dividend - Rs. - 6.3000
GOODYEAR
Special Dividend - Rs. - 26.0000
INTELLCAP
Bonus issue 2:1  
KPEL
Bonus issue 2:1  
QUESS
Interim Dividend - Rs. - 4.0000
STYRENIX
Interim Dividend - Rs. - 48.0000
THANGAMAYL
Interim Dividend - Rs. - 4.0000
TORNTPHARM
Interim Dividend - Rs. - 22.0000


*Today's Key Results/Board Meetings*
*12-Feb-24*



Total 480 companies will be releasing their quarterly earnings scorecard on February 12 including Coal India, Bharat Forge, Allcargo Logistics, Anupam Rasayan India, BLS E-Services, Cera Sanitaryware, Dilip Buildcon, GSK Pharmaceuticals, Hindustan Aeronautics, HEG, Krsnaa Diagnostics, Mazagon Dock Shipbuilders, Samvardhana Motherson International, NHPC, Steel Authority of India, and Skipper.






*Stock under F&O ban on NSE*
*12-Feb-24*



1 ASHOKLEY
2 AUROPHARMA
3 BALRAMCHIN
4 BIOCON
5 DELTACORP
6 HINDCOPPER
7 INDIACEM
8 INDUSTOWER
9 PNB
10 SAIL
11 UPL
12 ZEEL
By: via Telegram.me/AlliesFin #StockMarket #Bharat

Saturday 10 February 2024

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

@AlliesFin

*Very Good Morning!!!*
*US Markets in Detail...Have A Great Weekend!!!*

*GIFTNifty: 21,921: +71: +0.32%*

*Today’s Major Results:*
Amber Enterprises India Ltd., Andhra Petrochemicals Ltd., Aurobindo Pharma Ltd., Autoline Industries Ltd., Balkrishna Paper Mills Ltd., Divi's Laboratories Ltd., Filatex India Ltd., Flair Writing Industries Ltd., Gujarat Themis Biosyn Ltd., Jagran Prakashan Ltd., Mawana Sugars Ltd., MM Forgings Ltd., MCX, ONGC, Palred Technologies Ltd., Themis Medicare Ltd., TVS Electronics Ltd., Uflex Ltd., Yatharth Hospital, etc


*IPO’s*
*Rashi Peripherals IPO: 7/2-9/2…Issue Size: 600 cr*
Last heard: 83, IPO px: 311, Est Listing 394 (+27%)

*Apeejay Surrendra Park IPO: 5/2-7/2…Issue Size: 920 cr*
Last heard: 37, IPO px: 155, Est Listing 192 (+24%)

*Capital Small Finance: 7/2-9/2…Issue Size: 523 cr*
Last heard: 0, IPO px: 468, Est Listing 468 (+0%)

*Jana Small Finance: 7/2-9/2…Issue Size: 570 cr*
Last heard: 42, IPO px: 414, Est Listing 456 (+10%)

*Entero Healthcare Solutions*
Last heard: 65, IPO px: 1323, Est Listing 1376 (+5%)

*Provisional Cash Rs. In Crs. (9th Feb)*
FIIs +142 (13,946 – 13,805)
DIIs -422 (12,091 – 12,513)  

Sensex: 71,595: +167: +0.23%
Nifty: 21,783: +65: +0.30%
BankNifty: 45,635: +623: +1.38%
NiftyIT: 37,699 (-152) (-0.40%)
MIDCAP: 48,889 (-439) (-0.89%)
Dow: 38,672 (-55) (-0.14%)
S&P: 5,027: +29: +0.57%
Nas: 15,991: +197: +1.25%
Brazil: 128,026 (-191) (-0.15%)
Ftse: 7,573 (-23) (-0.30%)
Dax: 16,927 (-37) (-0.22%)
Cac: 7,648 (-18) (-0.24%)
MOEX: 3,242: +1: +0.02%
WTI Oil: $76.84: +0.81%
Brnt: $81.89: +0.32%
Natural Gas: 1.85 (-3.65%)
Gold: $2039 (-9) (-0.45%)
Gold 22 Carat/g: 5,878
Silver: $22.59 (-0.04%)
Copper: $368 (-2) (-0.55%)
Cotton: $92.22: +2.83%
Copper (LME): $8,194 (-119) (-1.43%)
Alluminum (LME): $2,222 (-) (%)
Zinc (LME): $2,328 (-73) (-3.04%)
Tin (LME): $25,895: +408: +1.60%
Eur-$: 1.0784: +0.06%
GBP-$: 1.2628: +0.09%
Jpy-$: 149.29 (-0.02%)
Re: 83.0338: +0.09%
USD-RUB:  91.15: +0.03%   
US10yr: 4.18%: +2 bps
GIND10YR: 7.114: +0.45%
$ Index: 104.08 (-0.08%)
Vix: 12.93: +1.09%
India Vix: 15.44 (-2.46%)
BalticDry: 1,473 (-14) (-0.94%)

*ADR/GDR* 
Cogni (-1.53%)
Infy (-0.45%)
Wit: +0.17%
IciciBk: +2.59%
HdfcBk: +0.24%
DrRdy: +1.17%
TatSt (-2.60%)
Axis: +1.43%
SBI: +2.72% 
RIGD: +0.86%
INDA: +0.44% (IShares MSCI INDIA ETF)  
INDY: +0.75% (IShares MSCI INDIA 50 ETF) 
EPI (-0.01%) (Wisdom Tree India Earning)

- Stocks rose on Friday after December’s revised inflation reading came in lower than first reported and the S&P 500 closed above 5,000 for the first time on Friday, with the Nasdaq briefly trading above 16,000, driven by gains in megacaps and chip stocks like Nvidia amid optimism about artificial intelligence (AI) technology and strong earnings data and also optimism about potential rate cuts by the Federal Reserve, bolstering corporate profit outlooks.

- For the week, the S&P added 1.4%, while the Nasdaq gained 2.3%. The Dow finished flat. All three major averages notched their fifth straight winning week and 14th positive week in 15.

- A solid earnings season, easing inflation data and a resilient economy have charged 2024′s market rally. It’s also propelled the S&P to close above the 5,000 level after first touching the milestone during Thursday’s session. The index first crossed 4,000 in April 2021.

- A revision lower in December’s consumer price index also helped sentiment. The government adjusted the figure to a 0.2% increase, down from a 0.3% increase initially reported. Core inflation figures, excluding food and energy, were the same. January’s CPI figures are due out next week.

- Nvidia surged 3.6% to a record high after reports of building a new business unit focused on designing chips for cloud computing firms and advanced AI processors.

- The technology sector, including Microsoft, Amazon, and Alphabet, contributed to index gains alongside the outperformance of the Philadelphia semiconductor index, which rose nearly 2%.
By: via Telegram.me/AlliesFin #StockMarket #Bharat

Friday 9 February 2024

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

*News Headlines from Business News Agencies :*

*Business Standard :*

Central Bank, JC Flowers ARC join race to bid for Future Enterprises

Apollo Hospitals Q3 results: Net profit rises 60% to Rs 245.3 crore

JB Pharma CEO attributes 3.5% of company's growth to new introductions

Alstom starts production of driverless trainsets for Chennai Metro Phase II

February rain kindles hope of better harvest in Rajasthan traders

Sumadhura Group leases warehousing space to Zomato in Bengaluru

Health tech startup Neodocs raises Rs 16.6 cr in seed funding round

India to become the largest developer community on GitHub by 2027: Nadella

Govt to launch central databases for citizens to track doctors' credentials

coordinating with MEA, MHA to provide Digi Yatra facility: Scindia

PPBL crisis: We give enough time to comply with rules, says RBI Governor

IPO-bound travel distribution platform TBO Tek seeks to expand in West


*Economic Times :*

Essar Oil eyes 2X gas production from its coal bed methane block

Diamond exports down about a third in December as demand declines in the US

Spain's high court suspends $209 million fines on Apple, Amazon amid appeal

Bank of India Mutual Fund aims to raise Rs 500 crore from multi-asset allocation fund in NFO period

Gujarat Assembly approves supplementary demands for grants worth over Rs 7,500 crore

Leading AI companies join safety consortium to address risks: US

Paytm reassures services remain unaffected after RBI Guv remarks

Microsoft to train 75,000 women developers in India: Satya Nadella

Pi42 launches India's first Crypto-INR perpetual futures exchange

Spicejet informs NCLT that it’s trying to settle dues with the vendor

GFCL EV to invest for EV and ESS batteries for domestic and global markets

LIC Mutual Fund launches LIC MF Nifty Midcap 100 ETF


*Mint :*

RBI Policy: Governor Shaktikanta Das keeps repo rates unchanged at 6.5%

RBI MPC: MPC keeps FY24 inflation forecast unchanged at 5.4%.

RBI Policy: India's real GDP growth for FY25 projected at 7%

SBI denies reports on Yes Bank stake sale via block deal

Sectoral, small-cap mutual funds witness highest inflow, shows AMFI January data

Inflows into equity mutual funds hit ₹21,781 crore in January 2024: AMFI data

Mutual Funds: SIP hits record high of ₹18,839 crore in January, says AMFI data

RVNL Q3 Results: Net profit down 6% to ₹358 crore

NCC Q3 Results: Net PAT jumps 40% YoY to ₹221 crore

Zomato Q3 Results: Net profit at ₹138 crore; 5 key highlights

Chinese vendors dominate supply chain of Indian solar PLI scheme winners: Report

Microsoft Teams and Tata Communications join forces to boost enterprise collaboration in India
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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

India Daybook Stocks in News

T.me/AlliesFin

*Electrotherm*: Net Profit at Rs 107.0 crore versus Rs 7.3 crore, Revenue at Rs 1137 crore versus Rs 615 crore (YoY) (Positive)

*Motisons Jeweller*: Net Profit at Rs 10.7 crore versus Rs 0.9 crore, Revenue at Rs 123.2 crore versus Rs 119.5 crore (YoY) (Positive)

*JK Lakshmi Cement*: Net Profit at Rs 143.7 crore versus Rs 76.4 crore, Revenue at Rs 1702.8 crore versus Rs 1561.7 crore (YoY) (Positive)

*Schneider Electric*:*: Net Profit at Rs 9 crore versus Rs 4 crore , Revenue at Rs 74.5 crore versus Rs 57.7 crore (YoY) (Positive)

*NCC*: Net Profit at Rs 230.96 crore versus Rs 168.3 crore, Revenue at Rs 5287.0 crore versus Rs 3963.0 crore (YoY) (Positive)

*Honeywell Automation*: Net Profit at Rs 127.9 crore versus Rs 106.1 crore, Revenue at Rs 1071.0 crore versus Rs 1017.5 crore (YoY) (Positive)

*ITD Cementation*: Net Profit at Rs 78.6 crore versus Rs 36.9 crore, Revenue at Rs 2017 crore versus Rs 1327 crore (YoY) (Positive)

*Rupa:* Net Profit at Rs 20.8 crore versus Rs 5.5 crore, Revenue at Rs 317.0 crore versus Rs 235.0 crore (YoY) (Positive)

*HCC*: Net Profit at Rs 182 crore versus loss Rs 260 crore, Revenue at Rs 1470 crore versus Rs 2035 crore (YoY) (Positive)

*UBL*: Net Profit at Rs 86 crore versus loss Rs 1.8 crore, Revenue at Rs 1824 crore versus Rs 1613 crore (YoY) (Positive)

*Hexa Tradex*: Net Profit at Rs 29.4 crore versus Rs 1.6 crore, Revenue at Rs 40.3 crore versus Rs 3.8 crore (YoY) (Positive)

*Sandhar Techno:* Net Profit up 27.9% at Rs 25.2 cr vs Rs 19.7 cr, Revenue up 23.1% at Rs 889.5 cr vs Rs 722.6 cr (YoY) (Positive)

*Astra Micro:* Net Profit at Rs 43.3 crore versus Rs 27.7 crore, Revenue at Rs 234 crore versus Rs 222 crore (YoY) (Positive)

*India Shelter:* Net Profit at Rs 62.3 crore versus Rs 40.3 crore, Revenue at Rs 177 crore versus Rs 134 crore (YoY) (Positive)

*Ircon*: Net Profit at Rs 244 crore versus Rs 190 crore, Revenue at Rs 2884 crore versus Rs 2346.0 crore (YoY) (Positive)

*Shilpa Med*: Net Profit at Rs 4.6 crore versus loss Rs 6.6 crore, Revenue at Rs 286.5 crore versus Rs 262.5 crore (YoY) (Positive)

*Dynacons*: Net Profit at Rs 13 crore versus Rs 7.5 crore, Revenue at Rs 226 crore versus Rs 172.0 crore (YoY) (Positive)

*Suryoday Small Finance:* Net Profit at Rs 57.2 crore, up 217 percent, NII at Rs 246 crore, up 34 percent (YoY) (Positive)

*Aster DM*: Net Profit at Rs 209 crore versus Rs 159 crore, Revenue at Rs 3711 crore versus Rs 3192.0 crore (YoY) (Positive)

*SMS Pharma*: Net Profit at Rs 12.3 crore versus Rs 5.3 crore, Revenue at Rs 161 crore versus Rs 149 crore (YoY) (Positive)

*Orchid Pharma*: Net Profit at Rs 29 crore versus Rs 8 crore, Revenue at Rs 221 crore versus Rs 160 crore (YoY) (Positive)

*Apollo Hospitals*: Net Profit at Rs 245 crore versus Rs 153.5 crore, Revenue at Rs 4851.0 crore versus Rs 4264 crore (YoY) (Positive)

*Biocon:* Net profit at Rs 660 cr vs loss of Rs 41.8 cr, Revenue up 34.4% at Rs 3,953.7 cr vs Rs 2,941.1 cr (YoY) (Positive)

*HCC:* Net profit at Rs 233.2 cr vs loss of Rs 283.7 cr, Revenue at Rs 1512.3 cr vs Rs 1359.5 cr (YoY) (Positive)

*LIC:* Net profit rises 49 percent to Rs.9,444 crore, Net premium income grew 4.67% to Rs 1.17 lakh crore (Positive)

*BHEL:* Company gets ₹5,500 cr order from Haryana Power Generation (Positive)

*IRCTC:* Company signs MoU with Uttarakhand Government to operate tourist trains to Uttarakhand (Positive)

*IREDA:* Company gets RBI nod to set up subsidiary in Gift City (Positive)

*IKIO Lighting*: Net Profit at Rs 18.95 crore versus Rs 17.84 crore, Revenue at Rs 120.8 crore versus Rs 115.8 crore (YoY) (Neutral)

*Aarti Ind*: Net Profit at Rs 124 crore versus Rs 137 crore, Revenue at Rs 1732.0 crore versus Rs 1668.0 crore (YoY) (Neutral)

*Escorts*: Net Profit at Rs 277 crore versus poll Rs 272 crore, Revenue at Rs 2341.0 crore versus Rs 2291.0 crore (YoY) (Neutral)

*Jai Corp*: Net Profit at Rs 12.15 crore versus Rs 8.35 crore, Revenue at Rs 114.32 crore versus Rs 134.8 crore (YoY) (Neutral)
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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

Mkt. Updates :

@AlliesFin

*GIFT Nifty -70 pts (21760) from last trade 21830 ,*

Nikkei +315 pts ,


Dow +48.97 pts ,Nsdq +37.07 pts, S&P
+2.85 pts , Bovespa -1732 pts , Ftse -33 pts , Dax +41 pts , Cac +54 pts , Crude @ $76.39 brl (+0.17), Brent @ $81.75 brl (+2.54) , Gold @ 2048.80 (+0.90), Silver $22.645 (-0.00), Euro @ $1.0774, JPY @ $149.28, INR @ 82.985


*US GOVT. 10-YR YIELD : 4.15%*


*Today's Corporate Action, 09 Feb Ex Date :*
 
ADVANIHOTR
Interim Dividend - Rs. - 2.0000
APTUS
Interim Dividend - Rs. - 2.0000
BEL
Interim Dividend - Rs. - 0.7000
DOLATALGO
Interim Dividend - Rs. - 0.1000
GPTINFRA
Interim Dividend - Rs. - 1.0000
GREENPANEL
Interim Dividend - Rs. - 1.5000
IBINFO
Interim Dividend - Rs. - 0.5000
JUBLINGREA
Interim Dividend - Rs. - 2.5000
KPITTECH
Interim Dividend - Rs. - 2.1000
MOIL
Interim Dividend - Rs. - 3.5000
PGHH
Interim Dividend - Rs. - 100.0000
PGHH
Special Dividend - Rs. - 60.0000
PHCAP
Interim Dividend - Rs. - 0.2500
QGO
Interim Dividend - Rs. - 0.1500
RITES
Interim Dividend - Rs. - 4.7500
SHANTIGEAR
Interim Dividend - Rs. - 3.0000
SUNPHARMA
Interim Dividend - Rs. - 8.5000
TCI
Interim Dividend - Rs. - 2.5000
TRIVENI
Interim Dividend - Rs. - 2.2500
TRIVENI
Special Dividend - Rs. - 2.2500


*Today's Key Results/Board Meetings, 09-Feb-24 :*

Hero MotoCorp, Tata Power Company, Honasa Consumer, Zydus Lifesciences, Alkem Laboratories, Bandhan Bank, Campus Activewear, Cello World, DOMS Industries, Emami, Finolex Cables, Indian Railway Finance Corporation, MRF, The New India Assurance Company, Pfizer, PI Industries, Shree Renuka Sugars and Sundaram-Clayton will release December quarter earnings on February 9.


*SEC. IN F&O BAN FOR, 09 February , 2024 :*

*1. ASHOKLEY 2. AUROPHARMA 3. BALRAMCHIN 4. BIOCON 5. DELTACORP 6. HINDCOPPER 7. INDIACEM 8. INDUSTOWER 9. NATIONALUM 10. PNB 11 . SAIL 12. UPL*

*ADDITION : AUROPHARMA, BIOCON, PNB*
*DELETION : ZEEL*


*Today's Alert :*

*RBI to Conduct Auction of GOI BONDS for INR 330 Billion*
By: via Telegram.me/AlliesFin #StockMarket #Bharat

Thursday 8 February 2024

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

India Daybook Stocks in News

T.me/AlliesFin

*Lupin:* Net Profit at Rs 613 crore versus Rs 153 crore, Revenue at Rs 5197.0 crore versus Rs 4322.0 crore (YoY) (Positive)

*Cummins:* Net Profit at ₹454.9 crore versus Poll of ₹351 crore, Revenue at Rs 2534.0 crore versus Rs 2180.0 crore (YoY) (Positive)

*Kalpataru:* Net Profit at Rs 144 crore versus Rs 109 crore, Revenue at Rs 4896.0 crore versus Rs 4004.0 crore (YoY) (Positive)

*Centum Electronics:* Net Profit at Rs 7.2 crore versus loss Rs 9.7 crore, Revenue at Rs 288.0 crore versus Rs 189.0 crore (YoY) (Positive)

*Mindteck:* Net Profit at Rs 7.2 crore versus Rs 5.5 crore, Revenue at Rs 95.8 crore versus Rs 82.7 crore (YoY) (Positive)

*Manappuram:* Net Profit at Rs 575 crore versus Rs 393 crore, Revenue at Rs 2305 crore versus Rs 1715.0 crore (YoY) (Positive)

*Apollo Tyre:* Net Profit at Rs 497 crore versus Rs 279 crore, Revenue at Rs 6595.0 crore versus Rs 6423 crore (YoY) (Positive)

*Supriya Life:* Net Profit at Rs 30.0 crore versus Rs 10.0 crore, Revenue at Rs 140.0 crore versus Rs 105.0 crore (YoY) (Positive)

*EPL:* Net Profit at Rs 94 crore versus Rs 64 crore, Revenue at Rs 975 crore versus Rs 945.0 crore (YoY) (Positive)

*Jamna Auto:* Net Profit at Rs 55.0 crore versus Rs 41.0 crore, Revenue at Rs 604.0 crore versus Rs 591.0 crore (YoY) (Positive)

*Gandhi Special Tubes:* Net Profit at Rs 13.2 crore versus Rs 9.6 crore, Revenue at Rs 41.2 crore versus Rs 36.7 crore (YoY) (Positive)

*SH Kelkar:* Net Profit at Rs 32.1 crore versus Rs 10.1 crore, Revenue at Rs 474.0 crore versus Rs 371.0 crore (YoY) (Positive)

*Nila Spaces:* Net Profit at Rs 11.6 crore versus loss Rs 1.4 crore, Revenue at Rs 66.0 crore versus Rs 0.6 crore (YoY) (Positive)

*Hindustan Glass:* Net Profit at Rs 44.6 crore versus loss Rs 7.6 crore, Revenue at Rs 617 crore versus Rs 589 crore (YoY) (Positive)

*Zodiac:* Net Profit at Rs 2.9 crore versus Rs 1.1 crore, Revenue at Rs 46.9 crore versus Rs 24.9 crore (YoY) (Positive)

*Sreechem:* Net Profit at Rs 2.2 crore versus loss Rs 0.5 crore, Revenue at Rs 20.0 crore versus Rs 8.8 crore (YoY) (Positive)

*Welspun Ent:* Company has been declared as L1 bidder by the Brihanmumbai Municipal Corporation for Development of new 2,000 MLD Water Treatment Plant. (Positive)

*IRB Infra:* January Toll collections jumped by 25 percent to Rs 467 crore (Positive)

*Inox India:* Signed an MOU with IUAC for development of superconducting magnet-based systems (Positive)

*Inox Wind:* Company enters into an agreement with CESC for installation of 1,500 MW of wind capacity (Positive)

*IGL:* Company signs MoU to establish CBG plants across Delhi, Haryana, Rajasthan, Uttar Pradesh. (Positive)

*Max Life:* January Premium growth 50.99 percent YoY (Positive)

*SBI Life:* January Premium growth 102.9 percent YoY (Positive)

*LIC:* January Premium growth 23.7 percent YoY (Positive)

*ICICI Lombard:* January Premium growth 14.4 percent YoY (Positive)

*Star Health:* January Premium growth 18.3 percent YoY (Positive)

*Kalyani Steels:* Company is declared successful bidder for Kamineni Steel (Positive)

*Ashoka Buildcon:* Company secures a Letter of Award from NHAI for a Bihar highway project, with a contract value of Rs. 520.00 Crore. (Positive)

*KEC Int:* Bags new orders worth Rs 1,175 Cr across various businesses. (Positive)

*ONGC:* Company in Joint Venture pact with NTPC Green for renewable energy. (Positive)

*Mangalore Chemicals:* Company announces merger with Paradeep Phosphates, arbitrage implies 18% upside. (Positive)

*Tata Comm:* Company collaborates with Microsoft for voice calling on Microsoft Teams. (Positive)

*HUL:* Company appoints Srinandan Sundaram, as Executive Director, Home Care with effect from 1st April, 2024 (Positive)

*SJVN:* Company gets Letter of Intent from GUVNL for 200 MW Solar Project (Positive)

*PSP Projects:* Company gets Letter of Intent for order worth of Rs 935 crore (Positive)

*NTPC:* Company looks to raise up to $750 million in debt from foreign investors. (Positive)
By: via Telegram.me/AlliesFin #StockMarket #Bharat

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 ...