Thursday, 28 March 2024

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

Pre Market Observations and Info

https://whatsapp.com/channel/0029VaPrz8AIXnlv64xTjs1f


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India Daybook Stocks in News

*Cyient:* Company signs agreement with Deutsche Aircraft to design rear fuselage section of D328eco Aircraft (Positive)

*Dr Reddy’s:* Company signs exclusive distribution agreement with Sanofi Healthcare India to promote & distribute the vaccine brands of Sanofi Healthcare in India (Positive)

*Welspun Corp:* Company’s unit to invest ₹2,355 cr to set up mfg units. (Positive)

*Balmer Lawrie:* Company to set up Rs 230 crore free trade warehousing zone in SEZ of Jawaharlal Nehru Port Authority (Positive)

*Man Industries:* Company’s' unit begins first ERW mill operations in Gujarat with installed capacity of 50,000 MTPS. (Positive)

*Info Edge:* Company agreed to invest 300m rupees in unit Naukri internet services (Positive)

*BHEL:* Company gets order from Adani Power for setting up 2x800 megawatt thermal power plant at Raigarh. (Positive)

*Varun Beverages:* Company completes acquisition of South Africa-based Beverage Company along with its wholly-owned subsidiaries. (Positive)

*Annapurna:* Company acquires six-decade-old Arati brand mustard oil from R R Proteins for consideration of Rs 28 crore. (Positive)

*PCBL:* Company approved issuance of upto 16m warrants at a price of 280 rupees per warrants (Positive)

*Infosys:* Company and Handelsblatt media group announce strategic collaboration (Positive)

*Andhra Sugar:* Company says new salicylic acid plant of 2,640 tpa at tanuku location has been successfully commissioned (Positive)

*Tata Elxsi:* Company partners with Drager to advance critical care innovation in India. (Positive)

*Mahickra Chemicals:* Company gets export orders from market of egypt & turkey worth around $250,000 (Positive)

*Shriram Pistons:* Company’s unit started its manufacturing operations at its manufacturing facility in Madhya Pradesh. (Positive)

*Bluedart:* Company introduces 20-hour delivery service to gift city from major metros. (Positive)

*GOCL Corp:* Company signed MoU with Squarespace lnfra for monetization of approx. 264.50 acres of land situated at Kukatpally, Hyderabad (Positive)

*Sree Raylaseema:* Company says commencement of commercial production of sodium metal with capacity of 2 tons per day. (Positive)

*Biocon:* Company receives UK Healthcare Department’s approval for Diabetes drug Liraglutide, becoming the first Generics company to obtain approval for Diabetes drug in the UK (Positive)

*Mahindra Lifespaces:* Company purchases nearly 2 acres of land in Bengaluru, gross development value at ₹225 cr (Positive)

*Bank of Maharashtra:* Government appoints Nidhu Saxena as MD & CEO of Bank of Maharashtra w.e.f. March 27 (Positive)

*P&G Hygiene and Health Care:* Reaches an agreement with tax authorities for certain transactions with its affiliate (Positive)

*Adani Power:* Reliance enters into a 20-yr power purchase agreement with AdaniPower arm with an investment of ₹50 cr (Positive)

*Unichem Labs:* Santosh Mahil resigns as Chief Commercial and International Business Development Officer (Neutral)

*REC:* Company approves Rs 1.6 lakh crore market borrowing plan for FY25 (Neutral)

*SRF:* Company provided Rs 190 crore corporate guarantee for Thailand arm SRF Industries (Neutral)

*Chalet Hotels:* Company opens QIP for raising up to Rs 2,000 crore. (Neutral)

*IDFC FIRST Bank:* Cloverdell Investment likely to sell its entire 2.25% stake in IDFC FIRST Bank. (Neutral)

*Axis Bank:* Revises lounge access rules for select debit cards, changes effective from May 1. (Neutral)

*ICICI Bank:* ICICI Securities shareholders approve delisting of company. (Neutral)

*NLC India:* Company defers proposal to raise $600 million foreign currency loan (Neutral)

*BSE:* Company to launch Brent Crude & WTI futures contract and options on futures contract. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

GIFT Nifty +2 pts (22196) from last trade 22194 ,

@AlliesFin

Nikkei -444 pts ,
Hangseng -14 pts ,


Dow +477.75 pts ,Nsdq +83.82 pts, S&P
+44.91 pts , Bovespa +827 pts , Ftse +1 pts , Dax +92 pts , Cac +20 pts , Crude @ $81.72 brl (+0.37), Brent @ $86.09 brl (-0.00) , Gold @ 2212.00 (-0.70), Silver $24.69 (-0.06), Euro @ $1.0811, JPY @ $151.34, INR @ 83.365

*Today's Corporate Action 28th Mar Ex Date*
AVL
Special Dividend - Rs. - 5.10
CRISIL
Final Dividend - Rs. - 28.00
DHATRE
Stock  Split From Rs.10/- to Rs.1/-
HUDCO
Interim Dividend - Rs. - 1.50
KMGMILK
E.G.M.     
LAL
Bonus issue 6:11  
LAL
Stock  Split From Rs.10/- to Rs.1/-
PERSISTENT
Stock  Split From Rs.10/- to Rs.5/-
PRITHVIEXCH
Interim Dividend - Rs. - 2.00
RECLTD
Interim Dividend - Rs. - 4.50
RELSIND
E.G.M.     
RSYSTEMS
Interim Dividend - Rs. - 6.00
SBICARD
Interim Dividend - Rs. - 2.50
SIL
Interim Dividend - Rs. - 0.50
THAKKERS
E.G.M.     
THINKINK
Interim Dividend - Rs. - 0.10

*Today's Key Board Meetings 28-Mar-24*
AAPLUSTRAD
General;Rights Issue  
AJCON
General    
ARAVALIS
General    
BNRSEC
General    
DCMSRIND
Interim Dividend  
DRA
General    
IREDA
General    
ITL
General    
KAVVERITEL
General    
MANGIND
General    
MSL
General    
MUKKA
Quarterly Results  
SHASHANK
Increase in Authorised Capital;General
SUPERIOR
General    
TARAPUR
Quarterly Results  
TCFCFINQ
Reduction of Capital  
VARDMNPOLY
Stock  Split

*Stock under F&O ban on NSE 28-Mar-24*
1 HINDCOPPER
2 ZEEL
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Wednesday, 27 March 2024

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

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 27-03-2024 :

T.me/AlliesFin

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

*TOTAL NET SELL : -17712*

*INDEX FUT. : -1115*

*INDEX OPT. : -14661*

*STOCK FUT. : -2541*

*STOCK OPT. : +606*

*SEC. IN F&O BAN FOR, 28TH MAR, 2024 :*

*1. HINDCOPPER 2. ZEEL*

*ADDITION : HINDCOPPER, ZEEL*
*DELETION: SAIL*

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

*FIIS : BUY +2,170 (19,558-17,388)*

*DIIS : BUY +1,197 (26,386-25,189)*

*BSE SENSEX : +526 (72,996)*

*NSE NIFTY : +119 (22,124)*

*BSE MIDCAP. : +04 (39,080)*

*BSE SMLCAP. : +300 (43,026)*

*B. CRUDE : $ 85.39*

*GOLD: $ 2,192=INR 66,980(10gr)*

*SILVER : RS. 77,200 (kg)(5pm)*

*FOREX : RS. $ 83.37 *

*7.18% GOI '33: 7.0694%(100.7375)*

*7.18% GOI '37: 7.1372% (100.35)*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

Stock Update

Piramal Enterprises Limited invests Rs. 2000 crore in Piramal Capital and
Housing Finance Ltd
Prataap Snacks Limited commissions new unit in Jammu and kashmir
Dynacons Secures Prestigious Order for Enterprise Servers from National
Payments Corporation of India
Apollo Pipes Ventures into Strategic Investment, acquiring Majority
Controlling Stake in Kisan Mouldings
Sanofi & Cipla announce exclusive distribution partnership to expand reach
of CNS portfolio in India
Avenue Supermarts Limited opens 3 new stores
NOCIL Limited approves capex for capacity expansion
ESAF Small Finance Bank opened Retail Asset Hub in New Delhi
Apollo Cancer Centres pioneers a new era in Breast Cancer Surgery
Anant Raj Cloud Pvt Ltd adds scope of MOU with TCIL
Shyam Metalics JV receives LoI for Iron Ore block in Maharashtra
Praveg Limited unveils the Exquisite Safari Velavadar Retreat in Gujarat
Eurogrip Tyres uses clever word play and MS Dhoni's charm in IPL 2024 Brand
Campaign
Archies Ltd secures order from Daks Industries Pvt Ltd
Garden Reach Shipbuilders & Engineers Ltd approves increase in authorized
share capital
SecMark Consultancy Ltd enters into software purchase agreement with Comtek
Software Systems LLP
SpiceJet Reaches Settlement to Resolve $90.8 Million Liabilities
Laxmi Organic Industries Ltd updates on boiler inspection at MIDC unit
Affordable Robotic and Automation Ltd RaaS Secures Rs 38 Crore Funding and
Appoints New CTO: A Leap Towards Technological Advancement
Sundaram-Clayton Ltd declares interim dividend of Rs. 5.15
ITCONS E-Solutions Ltd enters into MSA with HCL Technologies Ltd
MBL Infra wins Arbitration Award for a sum of Rs 17.24 crores
Woodpecker Distilleries to commence trial production of expansion project
at Hassan
Ujjivan Small Finance Bank ties-up with Veefin Solutions Ltd to offer beter
supply chain finance offerings to MSMEs
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

India Daybook Stocks in News


Shyam Metalics: Company gets composite license for the Surjagad-1 iron ore block for an area of 1526 hectares (Positive)

Pratap Snacks: Company has started commercial production at its new unit in Jammu & Kashmir for various namkeen snacks with a capacity of about 10,000 MT per annum. (Positive)

Krsihna Defence: Company win order for supply of special steel product worth 109.9M rupees. (Positive)

AstraZeneca: Company gets permission to import for sale & distribution of Trastuzumab Deruxtecan Lyophilized powder (Positive)

Nocil: Company has accorded approval for incurring capital expenditure up to 2.5b rupees towards capacity enhancement (rubber chemicals) at dahej (Positive)

Power Grid: Company has successfully commissioned project under "augmentation of transformation capacity in southern region". (Positive)

Anant Raj: Company’s has enhanced the scope of offering enlisted in MOU with TCIL and have entered into an addendum for this purpose (Positive)

Technocraft: Company says manufacturing facility at Maharashtra will commence its production in a phased manner from March 27 (Positive)

DCM/Chemplast: DGTR initiates anti-dumping investigation on PVC suspension resins. (Positive)

Snowman: Promoter Gateway Distriparks Bought Additional 3.75 Lakh Shares or 0.22% Stake from Open Market. (Positive)

Shriram Finance: Government of Singapore acquired 1.77 Lakh Shares and Monetary Authority of Singapore acquired 47,654 Shares. (Positive)

Sanofi/Cipla: Announced exclusive distribution partnership For distribution and promotion of Sanofi India’s Central Nervous System product range in India (Positive)

Apollo Pipes: Company acquires 53.57% share capital & voting rights in Kisan Mouldings for ₹118.40 crore. (Positive)

Lumax Ind: Company approved equity investment of upto 50m rupees in lumax industries Czech s.r.o. (Neutral)

Adani Power: CCI approves the proposed acquisition of 100% equity share capital of Lanco Amarkantak Power Limited by Adani Power Limited (Neutral)

Larsen & Toubro: Company board approves long-term borrowings of up to Rs 7,500 crore. (Neutral)

Prism Johnson: Company to consider fund raise via NCDs on March 29, 2024 (Neutral)

CDSL: Standard Chartered Bank – corporate banking to sell entire 7.18% stake via block deal in CDSL (Neutral)

Aster DM: Olympus Capital Asia Investments likely to sell up to 9.8% equity in Aster DM Healthcare via block deal. (Neutral)

Sugar Stocks: Govt's sugar policies ensured stable retail prices, timely payment to farmers: (Neutral)

LIC: Received communication/ demand order for Rs 178 cr including Goods & Service Tax, Interest and penalty for Jharkhand State (Neutral)

Wockhardt: Board approves QIB of 93 lk shares at ₹517/sh: Agencies. (Neutral)

IRFC: Uma Ranade given additional charge of post of Chairman and MD (Neutral)

Kalyani Forge: A new lawsuit has been brought against industrialist Baba Kalyani, as his nephew and niece move to claim shares in the assets of the Kalyani family.
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Market Update

Gift Nifty -19 pts Gift Nifty 22076 (22095)
Nifty Fut Clsd)

Dow -31.31 pts ,Nsdq -68.77 pts, S&P
-14.61 pts , Bovespa -68 pts , Ftse +13 pts , Dax +123 pts , Cac +33 pts ,Nikkei +199 pts now ,Crude @ $81.27 brl (-0.36), Brent @ $86.25 brl (-0.00) , Gold @ 2177.40 (+0.20), Silver $24.535 (-0.08), Euro @ $1.0829, JPY @ $151.56, INR @ 83.342

T.me/AlliesFin

Today's Corporate Action
27th Mar Ex Date
MARKOBENZ
Right Issue of Equity Shares 
SPECFOOD
Right Issue of Equity Shares 

Today's Board Meetings 27-Mar-24
AAREYDRUGS
General    
AIKPIPES
General    
ANSALAPI
Final Dividend;Quarterly Results
ESABINDIA
Interim Dividend  
GENPHARMA
General    
JTAPARIA
General    
LT
General    
MAYUKH
General    
NHPC
General    
NLCINDIA
General    
OMANSH
General    
PCBL
General    
QUASAR
Quarterly Results  
RECLTD
General    
SAKTHIFIN
General    
SEACOAST
Quarterly Results  
SHIVACEM
Right Issue of Equity Shares
SMIFS
General    
SONALIS
Increase in Authorised Capital;General;Preferential Issue of shares
SPMLINFRA
Preferential Issue of shares
SUNDARAM
General    
SWADPOL
General    
TARAPUR
Quarterly Results  
TITANIN
Bonus issue  
ZPRBHSTE
General    

*Stock under F&O ban on NSE 27-Mar-24*
1 SAIL
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Tuesday, 26 March 2024

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

*News Headlines from Business News Agencies :*

*Business Standard :*
 
Apple, Google, Meta targeted in EU's first Digital Markets Act probes

Amul launching four variants of milk in US market within a week: MD Mehta

Co-working spaces set to expand capacity in 12-24 months as demand rises

Rising imports, demand slowdown ahead of polls weigh on Indian steelmakers

Lancet projects further fall in India's fertility rate, raises concern

Lufthansa, ITA Airways deal may lead to higher prices: EU watchdog

Bank direct lending to NBFCs to moderate at Rs 1.7-1.9 trn in FY25: ICRA

Major EU climate protection plan shelved following farmer protests

BFSI, e-com, staffing sectors most vulnerable to employment fraud: Study

Dalmia's deal to buy Jaypee Cement assets lingers with arbitration

French luxury home decor brands turn their attention to Indian market


*Economic Times :*

Oil benchmark Brent nears $86 on heightened supply concerns

Binance to end support for USDC stablecoin on Tron blockchain network

NCLT rejects promoter’s resolution plan in Wadhwa Buildcon insolvency matter

IRDAI retains existing surrender value norms after pushback from industry

UN Security Council likely to pass Gaza ceasefire resolution with no US veto

Boeing CEO Dave Calhoun to step down at end of 2024

UK retail sales rise after 10 months of falls, CBI says

China pushes banks to speed approvals of new loans to private developers, say sources

US awards record $6 bln to back industrial emissions reduction projects

Nissan targets 1 million car sales growth over next three years

Ahmedabad Municipal Corporation to set up waste-to-steam plant at Pirana dumping site


*Mint :*

Airtel preparing for tariff hike, Jio to focus on greater data usage: Report

Geopolitical tensions drive brent towards $95 per barrel in near term

Q4FY24 expected to be another robust quarter for the hotel sector, says Emkay

WhatsApp Beta unveils Meta AI integration in Search Bar for assistance: Report

India rules at top again among EM peers on strong GDP, stock market performance

Indians worship gold unlike anywhere else, says Bvlgari CEO

Government policy, industry efforts drive India towards electric mobility future

Sterlite Power Transmission may consider listing post demerger: MD

Starlink's services in India set to face delays

Tech Mahindra to merge US-based subsidy Born with parent Tech Mahindra (Americas)
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

India Daybook Stocks in News


*Uno Minda:* Company signs TLA with starcharge Energy Pte to manufacture & sale Electric Vehicle Supply Equipment (EVSE) in India. (Positive)

*Zydus Lifesciences:* Company gets tentative U.S. FDA approval for Letermovir Tablets. (Positive)

*Puravankara:* Company launched a residential project ‘Purva Kensho Hills’ in Bengaluru, Karnataka. (Positive)

*Bajaj Auto:* Company to launch CNG-run motorcycle in June 2024 (Positive)

*RVNL:* Company signs MoU with Airports Authority of India for a project worth ₹229.43 crore (Positive)

*Muthoot fin:* Company has acquired an additional 4.48% equity stake in Belstar Microfinance Limited, a subsidiary, for Rs.300 crores. (Positive)

*JSW Energy:* Company’s arm signs Business Transfer Agreement with Reliance Power for purchase of the 45 MW Vashpet Wind project for ₹132 Cr (Positive)

*Hindustan Aeronautics:* Compay signs contract with Guyana Defence Force for supply of 2 Hindustan-228 Commuter Aircraft with value of approx ₹194 Cr (Positive)

*Greaves Cotton:* Company has signed a Technology Transfer and Supply Agreement with Tsuyo Manufacturing Private Limited for low-speed 3-wheeler vehicles. (Positive)

*Ultratech Cement:* Company commissions 1 MTPA brownfield cement capacity at Roorkee, Uttarakhand. (Positive)

*Dr Reddy’s:* Company enters into licensing agreement with Pharmazz, inc to market Centhaquine in India. (Positive)

*Indian Metals & Ferro Alloys:* Company to consider special dividend for FY24 on March 29. (Positive)

*HG Infra:* Company gets LoA in consortium with Stockwell Solar Services from Jodhpur Vidyut Vitran Nigam for solar business. (Positive)

*Hinduja Global:* Company enters into agreement to sell optical fibre assets to IndusInd Media and Communications for Rs 208.04 crore. (Positive)

*Shree Cement:* Company announces entry into ready mix concrete segment with commissioning of its first Greenfield in Hyderabad. (Positive)

*NBCC:* Company sold commercial inventory having sale value of Rs 1,905 cr to private entities (Positive)

*KP Energy:* Company has commissioned a 16.8MW ISTS connected Wind Power Project at Sidhpur site in Devbhoomi Dwarka (Positive)

*NTPC:* Company announces the commercial operation date of the Chatti Bariatu Coal Mining Project in Jharkhand (Positive)

*AGSTRA:* Company has informed about the approval of a demerger scheme involving India Transact Services Limited. (Positive)

*Jindal Stainless:* Company has teamed up with IIT Kharagpur for R&D projects to advance metallurgical research. (Positive)

*Electronics Mart:* Commences commercial operations of multi-brand stores under brand name ‘Bajaj Electronics’ in Hyderabad. (Positive)

*Kirloskar Ferrous:* Step-down unit in U.S.A Indian Seamless applies for voluntary dissolution. (Positive)

*Bajaj Auto:* Company to launch the company's biggest Pulsar ever on May 3, 2024. The co will launch the CNG motorcycle on June 18: Sources. (Positive)

*Vedanta:* Company touts $6 billion investment pipeline as growth driver (Positive)

*Oil Upstream stocks:* Brent crude rose toward $86 a barrel after retreating by more than 2% (Positive)

*RailTel:* Company has secured a major order from Centre For Development Of Advanced Computing for VMWare virtualization licenses with 3 years support, amounting to Rs. 36.35 Cr. (Positive)

*Vikas Lifecare:* Co-Promoter Vikas Garg Acquires 3 Cr Equity Shares through Preferential Allotment (Positive)

*Bharti Airtel:* Bharti Hexacom files for IPO, having OFS of up to 7.5 crore shares. (Positive)

*Ambuja Cements:* Company sells 2% stake in Sanghi Industries to meet minimum public shareholding. (Neutral)

*Lupin:* Company to carve out trade generics biz in India on a slump sale basis to Lupin Life Sciences for ₹100-120 crore (Neutral)

*Reliance Industries:* Company to buy 100% stake in MSKVY Nineteenth Solar SPV & MSKVY Twenty-Second Solar SPV from MSEB Solar Agro Power. (Neutral)

*Maruti Suzuki:* Company recalls 11,851 units of Baleno & 4,190 units of WagonR on possible defect in a part of fuel pump motor: (Neutral)
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GIFT Nifty -30 pts (22125) from last trade 22155 ,

T.me/AlliesFin

Nikkei +44 pts ,
Hangseng +75 pts ,


Dow -162.26 pts ,Nsdq -44.35 pts, S&P
-15.99 pts , Bovespa -95 pts , Ftse -13 pts , Dax +55 pts , Cac -0.33 pts , Crude @ $81.98 brl (+0.03), Brent @ $86.75 brl (-0.00) , Gold @ 2173.20 (-3.20), Silver $24.815 (-0.07), Euro @ $1.0836, JPY @ $151.40, INR @ 83.405





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


GARFIBRES
Buy Back of Shares   
UVDRHOR
Stock  Split From Rs.10/- to Rs.5/- 



*Today's Key Results/Board Meetings*
*26-Mar-24*




GENPHARMA
General    
GRSE
Increase in Authorised Capital
IGCIL
General    
INDLEASE
General    
INDOBORAX
General    
KEIL
General    
MINFY
General    
RKSWAMY
Quarterly Results  
SPAR
General    
SUNCLAY
Interim Dividend  
WOCKPHARMA
General



*Stock under F&O ban on NSE*
*26-Mar-24*




1 BIOCON
2 SAIL
3 TATACHEM
4 ZEEL
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Friday, 22 March 2024

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

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 22-03-2024 :

T.me/AlliesFin

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

*TOTAL NET SELL : -12164*

*INDEX FUT. : +1432*

*INDEX OPT. : -19854*

*STOCK FUT. : +5919*

*STOCK OPT. : +337*

*SEC. IN F&O BAN FOR, 26.03.2024 :*

*1. BIOCON 2. SAIL 3. TATACHEM 4. ZEEL*

*ADDITION : NIL*
*DELETION : BALRAMCHIN, PEL, INDUSTOWER*

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

*FIIS : SELL -3,310 (17,460-20,770)*

*DIIS : BUY +3,765 (12,729-8,964)*

*BSE SENSEX : +191 (72,832)*

*NSE NIFTY : +85 (22,097)*

*BSE MIDCAP. : +149 (38,801)*

*BSE SMLCAP. : +449 (42,771)*

*B. CRUDE : $ 85.08*

*GOLD: $ 2,171=INR 66,000(10gr)*

*SILVER : RS. 76,500 (kg)(5pm)*

*FOREX : RS. $ 83.42 *

*7.18% GOI '33: 7.0927%(100.58)*

*7.18% GOI '37: 7.1554% (100.1950)*
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

India Daybook Stocks in News


*Sarda Energy:* Subsidiary JV gets Letter of Intent for license for iron ore block in Maharashtra for area of 1,526 hectare. (Positive)

*Mazagon Dock:* Company to lease land & building measuring 14.55 acres from Mumbai Port Authority for ₹354 crores for 29 years (Positive)

*Bharat Dynamics:* Board approves stock split in the ratio of 1:2 and interim dividend of ₹8.85/sh. (Positive)

*TVS Holdings:* Interim dividend declared Rs 94/Sh, also approves proposal to raise funds (Positive)

*TCS:* Company signs 7-year multi-billion dollar pact with Denmark-based Ramboll for IT infra solutions (Positive)

*Muthoot fin:* Company has acquired an additional 4.48% equity stake in Belstar Microfinance Limited, a subsidiary, for Rs.300 crores. (Positive)

*Prestige Estates:* Company acquires 62.5 acres land for Rs 468 crore in NCR for integrated township (Positive)

*ZUARI:* Company has finalized the sale of a 65,905 sq. mtrs. Land parcel in Goa for Rs.31.5 Cr to Ultra Dwell Real Estate LLP (Positive)

*Grauer and Weils:* Company entered into technology transfer and license agreement with OTMK GMBH (Positive)

*Global Health:* Medanta Holdings Private Limited, to consolidate operations and achieve cost savings and greater efficiency. (Positive)

*Tata Communications:* Company to transfer its digital services business to its wholly-owned subsidiary Novamesh for ₹458 crore. (Positive)

*IndiGo:* Company said to be nearing decision on widebody jet order. (Positive)

*Mahindra Life:* Launches a residential project, ‘Mahindra Zen’ at Bengaluru South. (Positive)

*Vedanta:* Company says projects pipeline in place to add $6 billion to topline, $2.5-3 billion to EBIDTA. (Neutral)

*IREDA:* Company to consider borrowing programme up to ₹24,200 crore for FY25 on March 28, 2024 (Neutral)

*Bharat Dynamics:* Board approves stock split in the ratio of 1:2 and interim dividend of ₹8.85/sh. (Neutral)

*Wipro:* Company incorporates new entity 'SDVerse' with General Motors and Magna International: (Neutral)

*Bank of India:* Bank to consider fund raise via long term infra bonds. (Neutral)

*L&T:* Board meet on March 27 to consider fund raising, debt sale (Neutral)

*Julius Baer:* Board approves raising ₹280 cr in rights issue. (Neutral)

*Texmaco Rail:* Company likely to raise ₹1,500 crore via QIP. (Neutral)

*Karnataka Bank:* Launched qualified institutional placement (QIP) to raise funds (Neutral)

*PCBL:* To consider and approve the proposal for raising of funds by way of issue of one or more instruments/ securities. (Neutral)

*Crompton Greaves:* Company gets notice for I-T dept for tax demand of Rs 68 crore for AY23.

*Tata Chem:* Income tax department penalty 104 Crore.

*IT Stocks:* Accenture reported a weak quarter, cut FY2024 revenue growth guidance to 1-3% from 2-5% earlier

*Agro Tech Foods:* Sachin Gopal resigns from the post of Managing Director.

*Hind Zinc:* Delays demerger plans amid the government objections
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https://www.financialexpress.com/business/tata-sons-tvs-motor-motherson-bharat-forge-among-7-players-to-form-consortium-to-launch-india-foundation-for-quality-management-3431117/
Superb move
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Thursday, 21 March 2024

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

Sebi issues framework for beta version of T+0 settlement

https://www.moneycontrol.com/news/business/markets/sebi-issues-framework-for-beta-version-of-t0-settlement-12502831.html
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*News Headlines from Business News Agencies :*

*Business Standard :*

JPMorgan sees foreign investors flocking to Indian stocks after LS polls

JSW Group-MG Motor venture aims to sell 1 million EVs in India by 2030

India's aviation boom could support more hubs, says Air India CEO Wilson

Amazon Pay to ramp up Smart Store services partnership with top 20 brands

Deloitte's 'biggest reorganisation in decade' to simplify business: Report

TCS sets up Pace Port in London to promote business, tech collaboration

Current methods of assessment need improvement: Pratham CEO Rukmini Banerji

Google fined 250 million euro in French clash with news publishers

Uber boosts eco-mobility, backs Indian startups with sustainovate challenge

RBI approves re-designation of Manian, Ekambaram of Kotak Mahindra Bank

Indian Railways earned Rs 1,229 cr from cancelled waiting list tickets

High base effect of last year to hit March growth business of life insurers


*Economic Times :*

Bankrupt crypto lender Genesis to pay $21 million to settle SEC charges

Voda Idea fund raising important for healthy competition: Nokia executive

TVS Motor to issue preferential bonus shares in 4:1 ratio

Saudi Arabia plans $40-billion push into artificial intelligence

Non-bank lender Sugmya Finance raises $3 million in funding from existing investors

JSW Group interested in acquiring critical mineral blocks: Chairman Sajjan Jindal

Grayscale bitcoin ETF saw record daily outflows as bitcoin tumbled

Intel clinches nearly $20 billion in awards from Biden to boost US chip output

Low-cost ecommerce giant PDD Holdings beats quarterly revenue estimates

Arun Kakatkar replaces Ira Gupta as HR head of Microsoft India

Intel prepares for $100 billion spending spree across four US states

Fintech players disbursed Rs 36,000 crore in Q3 FY24, up 55% on year: report


*Mint :*

Customer-facing parts of Air India-Vistara won’t change before 2025: AI CEO

Retail investors’ inflow to mutual funds spiked 40 per cent in the past one year

Cloudera and Nvidia collaborate to expand generative AI capabilities

Healthtech startup Ultrahuman Raises $35mn in series B

Centre brings wheat and rice under price stabilization fund

Thomas Cook eyes complete recovery of international biz in FY25

Semiconductor plant in Assam will put state on global map: Ratan Tata

Pocket FM rings in its largest fundraise with a $103-million round

New-age companies Pine Labs and Zepto eyeing shift of base to India, says report

Birla Opus entry may spark tough paint sector competition, margin concerns

Bharti Hexacom IPO likely to launch in Apr, seeks ₹28,000 cr valuation: Report

Morgan Stanley sees brent crude prices hitting $90/barrel this summer
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Wednesday, 20 March 2024

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

*Small, midcaps to outperform largecaps this year as economy pivots to manufacturing: Emkay*

The market performance this year will be marked by events such as elections, budget announcements and anticipated rate cuts, with a bulk of returns in the middle of the year and volatility at both ends, Emkay Global head of research and strategist Seshadri Sen has said.

Sen said he is bullish on the market, with Nifty target of 24,000 for the year, suggesting a 10 percent return. Small and midcap stocks are expected to outperform largecaps, fuelled by a shift towards manufacturing and investment-led growth following the COVID-19 outbreak. Edited excerpts of the interview:

*_What are your expectations for the rest of the year?_*
We maintain a Nifty target of 24,000 for the year, implying a 10-11 percent return from the beginning of the year. We anticipate a “dad bod-shaped returns”, with a bulge in the middle driven by election results, the budget, and rate cuts, while the first and fourth quarters may experience volatility. Despite current events, our view remains unchanged. We believe that small and midcap stocks will outperform largecaps in the long term.

*_What is the reason behind this optimism?_*
The economic cycle in India has shifted towards manufacturing and investment-led growth from the consumption and services-led growth previously. The largecap universe is dominated by services and consumption companies. The rise in smallcap and midcap stocks reflect this new economic cycle but any small and midcap rally is volatile, and that is what we are experiencing.

There is still froth and once they correct, they should resume their upward journey. Except the cyclical tightness in domestic liquidity, government balance sheet, corporate balance sheet, bank balance sheets, all are in better shape than the markets have been in for 30 years. I haven't seen the Indian financial system so stable and secure.

*_So, you think the recent selling in small and midcap stocks is temporary?_*
The current selling may be attributed to regulatory warnings and the lower capacity of smaller stocks to absorb selling pressure. However, this is a temporary pause in a bull market correction rather than the end of the rally, and we expect a resumption of upward movement later in the year.

*_How do you assess the power sector and its investment potential? These stocks have had positive momentum…_*
Power has certainly emerged as one of the most exciting macro theme over the past three-four years. With enhanced power availability and regulatory measures addressing financial issues and infrastructure development, there are plenty of opportunities in both conventional and green power sources.

*_What about the defence sector?_*
The defence sector presents a long-term opportunity as India reinvests in defence, enhances efficiency, and reduces dependence on imports. However, defence projects are lumpy, which can lead to volatility in stock performance. While we don’t cover the segment in detail, valuations appear a little stretched.

*_How do you view the regulatory actions affecting banking and NBFCs?_*
We've been underweight on banks since October as the growth and ROE in banks are lower than historical levels. Therefore, a re-rating is warranted. As far as RBI actions are concerned, the larger banks and NBFCs will probably stand stronger because they will be better able to cope with the compliance with stronger systems and governance structures. I think the sector, as a whole, will underperform the broader markets. They will hold up in a falling market but will underperform a rising market.

*_What other sectors do you find attractive for investment?_*
We are overweight on consumer discretionary, industrials, materials, logistics and hotels. What we don’t like are financials and IT.
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*News Headlines from Business News Agencies:*

*Business Standard*

Vodafone Idea to meet institutional investors in Singapore, Mumbai
India buying more oil from US as fresh sanctions stifle Russian flows
Bankrupt airline Go First's bidder ups bid following nudge from banks
Corporate real estate sentiment highest since April-June 2022: Report
Ayodhya on track to become world's biggest spiritual destination: IHCL CEO
Lenovo Legion series, powered by Intel AI chips, launched in India
Grasim Industries secures Rs 1,250 cr from International Finance Corp
CAE signs deal with Akasa Air to train budget carrier's B737 Max pilots
Better growth supports the case for small-caps in Asia: Jefferies
Sun Pharma gets approval to sell acne treatment cream Winlevi in Australia
ASK Hedge Solutions aims to raise Rs 3,000 cr in maiden long-short NFO
Income Tax department recovers Rs 73,500 cr in pending dues for FY24

*Economic Times*

Snowflake partners with Nvidia to launch full-stack AI platform
Audi to drive in over 20 new models by 2025-end: CEO Gernot Dollner
B Capital closes second Opportunities fund at $750 million
IPO-bound Reddit discloses patent infringement complaint from Nokia
Central banks use AI to assess climate-related risks
Ant Group reshuffle: Han Xinyi appointed new president in biggest restructuring
Tata Motors opens fifth registered vehicle scrapping facility
Non-basmati rice prices down 10% in a month
REC board Okays third interim dividend of Rs 3.5 per share
Avaada Inclean inks pact with DVC to supply electricity in Gujarat
Indian rupee weakens past 83/USD, touches lowest level in a month

*Mint*

Nvidia's Blackwell GPU may reach Indian shores as early as October
Grasim raises ₹1,250 crore from IFC through sustainability-linked NCDs
Citibank to launch digital payments product Spring in India in Q2
Sebi-mandated stress tests on small, midcaps serve a purpose despite limitations
L&T Finance declares fund raise not exceeding ₹1.01 lakh crore via NCD
Hotel industry market cap tripled since 2019; Jefferies sees momentum continuing
GST council postpones review of 28% levy on online gaming
Deloitte plans restructure to cut costs, may cut down biz units, says report
Nvidia launches AI-powered playground for building the future of 6G
Kumar Venkatasubramanian to take take over as P&G India CEO
Microsoft ties up with NVIDIA to drive healthcare innovation
Tata steel to raise Rs 2700 crore via NCDs on private placement basis
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

GIFT Nifty +36 pts (22920) from last trade 21884 ,


Nikkei clsd ,
Hangseng +30 pts ,



Dow +320.33 pts ,Nsdq +63.34 pts, S&P
+29.09 pts , Bovespa +574 pts , Ftse +15 pts , Dax +54 pts , Cac +52 pts , Crude @ $83.12 brl (-0.35), Brent @ $87.07 brl (-0.31) , Gold @ 2158.60 (-1.10), Silver $25.045 (-0.09), Euro @ $1.086, JPY @ $151.24, INR @ 83.025





*Today's Corporate Action*
*20th Mar Ex Date*



ADVANIHOTR
Bonus issue 1:1  
AGIIL
Interim Dividend - Rs. - 1.0000
AXTEL
Interim Dividend - Rs. - 6.0000
DWARKESH
Buy Back of Shares   
EASTSUGIND
E.G.M.     
KAKATCEM
E.G.M.     
MISHTANN 
Right Issue of Equity Shares 
PAISALO
Bonus issue 1:1  
RONI
E.G.M.     




*Today's Key Results/Board Meetings*
*20-Mar-24*




ANSALAPI
Final Dividend;Quarterly Results
BPL
General
CNIRESLTD
General
DAULAT
General
EMERALD
Issue Of Warrants
EMMESSA
General
HSCL
Issue Of Warrants;Preferential Issue of shares;General
HUDCO
Interim Dividend
INDUSFINL
Increase in Authorised Capital;General
IYKOTHITE
Right Issue of Equity Shares
PRITHVIEXCH
Interim Dividend
TVSMOTOR
Bonus issue



*Stock under F&O ban on NSE*
*20-Mar-24*



1 BALRAMCHIN
2 BHEL
3 BIOCON
4 HINDCOPPER
5I NDUSTOWER
6 PEL
7 RBLBANK
8 SAIL
9 ZEEL
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Tuesday, 19 March 2024

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

India Daybook Stocks in News

T.me/AlliesFin

*Dilip Buildcon:* Company gets letter of acceptance for project worth Rs 413 crore from Madhya Pradesh Water Resource Department. (Positive)

*Venus Remedies:* Company gets approvals to market three cancer drugs in Ukraine. (Positive)

*Gensol Engineering:* Company announces setting up a 160 megawatt solar power project in Gujarat at a cost of Rs 128 crore. (Positive)

*RPP INFRA:* Company wins new orders worth approx. 941.3M rupees. (Positive)

*Servotech Power:* Company to build 20 EV charging stations for Nashik Municipal Corporation (Positive)

*NHPC:* Company wins bid for 200 MW solar power project in Gujarat (Positive)

*RITES:* Company gets Rs 67.5 crore order for quality inspection of 18 trades of toolkits. (Positive)

*HG Infra:* Company gets letter of acceptance for four projects worth Rs 1,026 crore with Stockwell Solar Services joint venture consortium. (Positive)

*Sonata Software:* Company signs go-to-market partnership with zones to simplify enterprise application delivery. (Positive)

*IOL Chemicals:* Company successfully completes Brazilian Health Regulatory Agency (ANVISA) GMP Audit. (Positive)

*Veritas:* Consortium with Genesys Intl gets LoA for a project worth ₹155.85 crore (Positive)

*South West Pinnacle:* Received LoA worth of Rs 54.81 crore from Central Ground water Board (Positive)

*Aegis Logistics:* Aegis Vopak Terminals Limited, has approved the acquisition of specialized storage terminals at Mangalore (Positive)

*RPP Infra:* Company has received a LOA for providing pipe cause way and Street Light arrangements in SIPCOT Industrial Park with contract value of Rs 94.13 Crores (Incl of GST) (Positive)

*DCAL:* Company has completed the Brazilian Regulatory Authority Agency (ANVISA) audit in Shanghai, China (Positive)

*NIBE:* Order received from L&T for assemblies and sub-assemblies of Heavy Structures, including construction gabion walls, with a total consideration of Rs. 21.83 Cr. (Positive)

*Ind-Swift Lab:* Company has successfully completed the slump sale of its API and CRAMS business to Synthimed Labs for an Enterprise Value of Rs. 1650 Crores. (Positive)

*ZF Steering:* Company has started commercial production at its Maharashtra Industrial Development Corporation facility. (Positive)

*Satin Creditcare:* Promoter group bought 96,553 shares from open market worth 1.91 Cr (Positive)

*Lemon Tree:* Company has signed a License Agreement for Lemon Tree Hotels Agartala, Tripura (Positive)

*Genesys:* Consortium gets LoA for a project worth ₹155.85 crore from the BMC. (Positive)

*IFCI:* Board to meet today to consider Preferential Issue of Equity Shares to the Government of India (Positive)

*Poonawalla Fincorp:* Company appoints Arvind Kapil as MD & CEO for 5 years effective June 24. (Neutral)

*Godawari Power:* Company board approves merger of wholly-owned arm, Godawari Energy with company (Neutral)

*TCS:* Tata Sons offers to sell 2.34 crore company shares at Rs 4,001/per share. (Neutral)

*ABSL AMC:* AB Capital to sell 4.99% stake of Aditya Birla Sun Life AMC via offer for sale to meet minimum public shareholding norms (Neutral)

*Ashoka Buildcon:* Companyhas received a Provisional Certificate for completing 20.76 KMs in aggregate for its NHAI Project (Neutral)

*GAEL:* Company has allotted 22.9 Cr fully paid-up bonus equity shares in the ratio 1:1 to eligible members. (Neutral)

*IRCTC:* Company has approved a project cost of Rs. 187.23 crores for a Disaster Recovery site for NGeT System at PRS Data Center at Secunderabad for 5 years. (Neutral)

*Reliance Naval:* Company changed name to Swan Defence & Heavy Industries (Neutral)

*Tata Steel:* UK subsidiary has decided to cease operations of the Coke Ovens at the Port Talbot plant, in Wales, following a deterioration of operational stability (Neutral)

*L&T Finance:* Company gets Board nod for raising up to ₹1.01 lakh crore via NCDs in 1 or more tranches (Neutral)
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*News Headlines from Business News Agencies:*

*Business Standard*

Tata Sons to sell up to 23.4 mn TCS shares in a deal worth $1.13 bn
Canada-based firm Fairfax offers all-cash deal to acquire IDBI Bank
P&G India appoints Kumar Venkatasubramanian as CEO effective May 1
Public-sector banks asked to submit three-year business plans by March-end
Government CPSE dividend collection hits record high of Rs 61,149 crore
Centre to purchase 1,650 tonnes of onions for exports to Bangladesh
Govt to procure tur, masur dal directly from farmers to bolster stocks
Sebi nod to T+0 settlement for limited stocks, eases norms for FPIs
Indian IT services growth forecast for FY25 at 3-5%, says ICRA report
BAT starts $2 billion buyback after selling part of its stake in ITC
Banks like Bank of India, HDFC offer lowest home loan interest rates
Global toy majors shifting focus from China to India, exports jumped 239%

*Economic Times*

Net sugar output dips marginally at 280.79 lakh tonnes so far in 2023-24 mkt yr ending Sep: ISMA
Vedanta-owned Sterlite Power Transmission said to transfer three power projects to GIC venture
India has to build three new Indias in the next 25 years and that will drive demand: Thermax Group CEO
Founder of EV maker VinFast launches global charging stations venture
Apple is in talks to let Google’s Gemini power iPhone generative AI features
NTPC to begin commercial operations of 2nd unit of North Karanpura power project
China's economy shows signs of improvement, but its property sector is still in the doldrums
Nvidia backs little-known upstart in India’s biggest AI bet yet
Jio, Airtel, Vi link equipment theft to foreign websites, ask DoT to block them
India pushes for health sector coop with Central Asia in SCO meet
TSMC considering advanced chip packaging capacity in Japan

*Mint*

FedEx and Amazon Discussed Partnership as Competition for Returning Packages Intensifies
Alibaba groceries arm Freshippo CEO Hou Yi to step down and retire
Reddit's IPO oversubscribed as much as five times, says report
P&G Health to expand its VMS portfolio, injectables production
New India-France fund coming up to support startups, climate innovations
Russia remains India's top crude supplier, imports rise 14% in January
Odisha eyes ₹10,000 crore investment in textiles
India's credit card market will continue in its growth path, but under the watchful eye of the regulator.
Tata Steel, JSW, JSPL gain up to 5% on strong China industrial output numbers
Poonawalla Fin board appoints Arvind Kapil as MD & CEO for 5 years
Rites wins order worth Rs. 67.5 crore from NSIC
Bulgari CEO Jean-Christophe Babin foresees India among top 5 markets in 10 years
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

Pre Mkt. Updates :

@AlliesFin

GIFT Nifty -72 pts (22062) from last trade 22134 ,

Nikkei -243 pts ,
Hangseng -109 pts ,


Dow +75.66 pts ,Nsdq +130.27 pts, S&P
+32.33 pts , Bovespa +212 pts , Ftse -4 pts , Dax -3 pts , Cac -16 pts , Crude @ $82.74 brl (+0.02), Brent @ $86.91 brl (+0.02) , Gold @ 2165.60 (+1.30), Silver $25.275 (+0.01), Euro @ $1.0873, JPY @ $149.14, INR @ 82.935


*US GOVT. 10-YR YIELD : 4.33%*


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

COLABCLOUD
Stock  Split From Rs.10/- to Rs.2/-
COLABCLOUD
Bonus issue 1:1  
KAMAHOLD
Interim Dividend - Rs. - 19.0000
KEI
Interim Dividend - Rs. - 3.5000
KESAR
Bonus issue 6:1  
RAJATH
E.G.M.     
RAMASTEEL
Bonus issue 2:1  
SUDARSCHEM
Interim Dividend - Rs. - 3.6000
TVSMOTOR
Interim Dividend - Rs. - 8.0000


*Today's Key Results/Board Meetings, 19-Mar-24 :*

AARTECH
General
DHYAANITR
General
GPTHEALTH
Interim Dividend;Quarterly Results
IFCI
Preferential Issue of shares
KOLTEPATIL
General
MANAPPURAM
General
MOTOGENFIN
General
RECLTD
Interim Dividend
RSYSTEMS
Interim Dividend;General
SBICARD
Interim Dividend
SRGHFL
General
TATASTEEL
General


*SEC. IN F&O BAN FOR, 19-Mar-24 :*

*1. ABFRL 2. BHEL 3. BIOCON 4. HINDCOPPER 5. MANAPPURAM 6. NATIONALUM 7. PEL 8. RBLBANK 9. SAIL 10. TATACHEM 11. ZEEL 12. BALRAMCHIN*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Monday, 18 March 2024

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

India Daybook Stocks in News

@AlliesFin

*JSW Energy:* JSW Neo Energy LoA for an additional 500 MW of wind capacity under green shoe option for the SECI Wind Power Projects. (Positive)

*KSB:* Company receives letter of award under PM-Kusum III Scheme under Component B of Rs 63.22 crore (Positive)

*IRCON:* Company gets LoA for construction project worth Rs 630 cr from NHIDCL (Positive)

*HAL:* Ministry of Defence signs a contract for Mid Life Upgrade with Hindustan Aeronautics. (Positive)

*ICICI Prudential:* Company appoints Sandeep Batra as chairman of the Board of Directors (Positive)

*NHPC:* Company wins bid for 200 MW solar power project in Gujarat (Positive)

*RVNL:* Company gets letter of acceptance for project worth ₹339.2 crore project from Maharashtra Metro Rail Corporation (Positive)

*SJVN:* Company gets Letter Of Intent from Gujarat Urja Vikas Nigam for 200 MW solar project (Positive)

*Reliance Power:* Promoter sign settlement agreement with ICICI Bank. Entire obligations with respect to borrowings of co, are settled. (Positive)

*Droneacharya*: Company gets order for supply of drone controllers from Northern Command. (Positive)

*RailTel:* Company gets work order worth Rs 130.0 Cr from Bihar. Bags order worth ₹352 cr from BMC for supply, operations & maintenance Of HMIS (Positive)

*Dish TV:* Setu securities bought 1.18 crore shares at Rs 17.26/Sh (Positive)

*Kopran:* Quant Mutual Fund bought 2.5 lakh shares at Rs 255.41/Sh (Positive)

*Electrosteel Cast:* Norges Bank Govt Pension Fund bought 41.5 lakh shares at Rs 155.8/Sh (Positive)

*Jana Small Finance Bank:* Credit rating upgraded by ICRA to A- from BBB+ (Positive)

*Voltamp:* Norges Bank Govt Pension Fund bought 77692 shares at Rs 8201.54/Sh (Positive)

*PCBL:* Entered into the Joint Venture Agreement with Kinaltek (Positive)

*Sula Vineyards:* Demand notice of Rs 116 cr passed by State Excise has been set aside (Positive)

*Ashok Buildcon:* Company acquires 4.9 crore shares of GVR Ashoka Chennai ORR from GVR Infra Projects. (Positive)

*HCL Infosystems:* Company has been awarded approx. Rs. 31 Crores in claims against a State Electricity Board for RAPDRP and ERP Projects (Positive)

*Vinati Organics:* Company has been informed about the imposition of anti-dumping duty on the import of "Para-Tertiary Butyl Phenol (PTBP)" by the Ministry of Finance (Positive)

*KPI Green:* Company emerges as successful bidder for 100MWAC Solar Power Project at Maharashtra State Power Generation Co (Positive)

*Torrent Power:* Company receives Letter Of Award for setting up of 300 MW Wind Solar Hybrid Projects with tariff of Rs 3.65/kWh (Positive)

*Gujarat Gas:* Company is seeking Expression of Interest from Ceramic Customers in Morbi & Surendranagar to purchase Natural Gas. (Positive)

*Amber Enterprises:* Incorporated a wholly-owned subsidiary called AT Railway Sub Systems Pvt. Ltd. to carryout the business of railway components (Positive)

*Balrampur:* Inked agreements with three renowned technological experts: Sulzer AG, Alpine Engineering GmbH, and Jacobs for the manufacturing of PLA grade Lactic acid from sugar (Positive)

*Indian Hotels:* Company plans to set up 50 training centres across India by next year (Positive)

*Aurobindo Pharma:* Arm CuraTeQ Biologics announces successful Phase 1 clinical study outcome of their BP 11 product, which is similar to Xolair (Positive)

*Dr Lal PathLabs:* Company appoints Shankha Banerjee as CEO, effective May 21 (Positive)

*Coforge:* Board approves raising ₹3,200 crore via institutional share sale. (Neutral)

*LIC:* Company says its proposal of 17% wage hike for its employees effective August 1, 2022. (Neutral)

*Oil upstream stocks:* Windfall tax on crude petroleum hiked to ₹4,900/t from ₹4,600/t. (Neutral)

*Lupin:* US FDA issues form 483 with 1 observation for Aurangabad facility. (Neutral)

*Dish TV:* Company appoints Manoj Dobhal as Executive Director (Neutral)

*Anup Engineering:* Company in pact to acquire 100% stake in Mabel Engineering. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

GIFT Nifty -70 pts (22050) from last trade 22120 ,

@AlliesFin

Nikkei +817 pts ,
Hangseng -31 pts ,


Dow -190.89 pts ,Nsdq -155.35 pts, S&P
-33.39 pts , Bovespa -948 pts , Ftse -15 pts , Dax -5 pts , Cac +2 pts , Crude @ $81.11 brl (+0.07), Brent @ $85.38 brl (+0.04) , Gold @ 2158.70 (-2.80), Silver $25.335 (-0.04), Euro @ $1.0884, JPY @ $149.01, INR @ 82.895

*Today's Corporate Action*
*18th Mar Ex Date*

OIL
Interim Dividend - Rs. - 8.5000
TIERRA
Right Issue of Equity Shares 
TINEAGRO
Bonus issue 1:1  
TINEAGRO
Stock  Split From Rs.10/- to Rs.1/-

*Today's Key Results/Board Meetings*
*18-Mar-24*

ARFIN
Preferential Issue of shares
DWL
General
GEE
A.G.M.;General
IMCAP
General
JUNIPER
Quarterly Results;General
KAMATHOTEL
General
L&TFH
General
NGLFINE
General
NITINFIRE
Audited Results
ROYALIND
Preferential Issue of shares
SHAH
Preferential Issue of shares
SUKHJITS
General
TIL
Right Issue of Equity Shares

*Stock under F&O ban on NSE*
*18-Mar-24*

1 ABFRL
2 BHEL
3 BIOCON
4 HINDCOPPER
5 MANAPPURAM
6 NATIONALUM
7 PEL
8 RBLBANK
9 SAIL
10 TATACHEM
11 ZEEL
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Saturday, 16 March 2024

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

India's latest #EV policy, featuring import duty exemptions for EV manufacturers under specific terms, is poised to draw investments not only from #Tesla Inc. but also from numerous other global players in the industry.

Read more
https://www.moneycontrol.com/news/business/tesla-and-beyond-indias-ev-policy-incentive-may-lure-global-interest-says-govt-official-12467781.html?
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

*Today's Headlines*

*Economic Times*
Muthoot Microfin announces foray in Telangana

Domestic air traffic growth slows to 4.8% in February

Sebi board approves easing additional disclosure norms for FPIs

Central Banking London selects RBI for Risk Manager Award

Exports rise 11.9% to 11-month high in February

India's forex reserves jump to over two-year high of $636.1 bn

Road ministry sanctions Rs 1,697 cr for NH projects in 3 states

Centre hikes windfall tax on petroleum crude

Brand analytics platform GobbleCube secures $1.9 million led by Kae Capital

Perfios, Lohum deals boost startup funding nearly 3x to $187 million this week

*Business Standard*
India opens doors for global EV makers; scheme to help USA's Tesla

US bankruptcy court issues ruling in favour of Byju's term loan lenders

KKR mulls selling controlling stake in Indian school chain EuroKids Int'l

CCI orders probe into Google's practices over Play Store policies

L&T Technology Services bags $100 mn deal for Maharashtra cybersecurity

YES Bank, Axis Bank go live as payment service providers for Paytm

Govt nod for 17% wage hike for Life Insurance Corporation employees

States plan to raise record Rs 50,206 crore next week through bonds

PwC India to offer tech-based compliance monitoring services with Axar

*Financial Express*
Godrej Interio plans to expand its mattress category to Rs 250 crore in next 3 years

McDonald’s India – North and East joins hands with ONDC to increase digital reach

GAIL to set up retail LNG biz with Rs 650 cr investment; plans to acquire 50% market share in 6 years

Unicorns to add $1 trillion to economy by 2030, generate 50 million jobs: CII-McKinsey study

CRISIL upgrades InCred Finance rating to ‘AA-/Stable’

*Mint*
Pfizer Leases Space at San Diego Campus for Cancer-Drug Push

Govt launches dedicated portal for consumer protection authority, digital courts

Disney-owned Star India begins arbitration against Zee Entertainment

REC arm, BHEL tie up for renewable energy projects

Vodafone sells Italian unit to Swisscom in 8 billion euros deal

Indian stock market to see $1.70 billion inflows on FTSE rejig

Nissan and Honda eye potential partnership for electric vehicles: Report

Tremors of 3.9 magnitude jolts Manipur.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Friday, 15 March 2024

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

Fund Flow Activity:
15 March 2024 (In Cr)
@AlliesFin

Turnover : (NSE + BSE)

Cash Volume: 150344.05 + 7755.97 Total : 158100.02
F&O Volume: 532729.33 + 27641426.94 Total : 28174156.27

Provisional Cash Rs. In Crs.

FII/FPI: NET BUY: +848.56
(49504.55 - 48655.99)

DII: NET SELL: -682.26
(15254.61 - 15936.87)
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

India Daybook Stocks in News

@AlliesFin

*Wipro:* Company signs agreement with Desjardins to modernize consumer banking services. (Positive)

*KPI Green Energy:* Company gets order for 50MW wind-solar hybrid power project from Gujarat Urja Vikas Nigam (Positive)

*Indigo:* Company introduces 11 new codeshare routes across Australia in pact with Qantas Airways (Positive)

*Mukka Proteins:* Company received purchase orders worth of 152.5M rupees from Avanti Feeds LTD For Supply of Fish oil. (Positive)

*Shakti Pumps:* Company gets Rs 93 crore order from Maharashtra Energy Department for 3,500 solar photovoltaic water pumping system (Positive)

*Ashok Leyland:* Hinduja Tech secures investment worth $50 mn for 19.6% stake from PE fund Creador (Positive)

*BEL:* Company gets orders worth Rs 1,940 cr (Positive)

*KIMS:* Company entered into a definitive agreement for acquisition of land on a 99-year lease for setting up a new hospital at thane (Positive)

*PayTm:* Company gets NPCI nod for Third-Party Application Provider. (Positive)

*Yes Bank:* To act as merchant acquiring bank for existing & new UPI merchants for Paytm. (Positive)

*JSW Energy:* Company unit receives LoI for solar capacity of 300 MW from Gujarat Urja Vikas Nigam (Positive)

*RailTel:* Company gets work order worth Rs 113.46 Cr from Odisha Computer Application Centre (Positive)

*Tata Technologies:* Company announces appointment of Sukanya Sadasivan as its Chief Operating Officer. (Positive)

*IndiGrid:* Infrastructure investment trust has bagged a 180 MW/360 MW battery energy storage system project in Gujarat. . (Positive)

*IRB Infrastructure:* Company on Thursday said Cintra, a subsidiary of Spanish construction giant Ferrovial, has agreed to acquire a 24% stake in IRB Infrastructure Trust (Positive)

*Infibeam Avenues:* Issues corporate guarantee worth Rs 140 crore on behalf of arm in favour of IndusInd Bank. (Neutral)

*Zee Ent:* Delhi High Court directs Bloomberg to take down article that alleges SEBI found irregularities amounting to $240 million at Zee. (Neutral)

*TVS Motor:* Company to consider issue of redeemable preferential shares March 20. (Neutral)

*Navin Fluorine:* Company approves approved additional investment of 2.5B rupees in Navin Fluorine Advanced Sciences. (Neutral)

*Eris Lifesciences:* Company to acquire 19% equity stake in Swiss Parenterals for ₹237.50 crore (Neutral)

*Sarveshwar Foods:* Company to export white rice to Africa for $6 million. (Neutral)

*Reliance Ind:* Prime Fresh to serve 29 Reliance Retail stores in Gujarat. (Neutral)

* Dr Reddy:* Company's Mexican arm fined Rs 28.8 crore in tax litigation case. (Neutral)

*Tata Steel:* Board to meet on March 19 to approve fund raising. (Neutral)

*Biocon:* Company’s CFO Indranil Sen resigns (Neutral)

*IIFL Finance:* Fitch places company on Rating Watch Negative.

*Oil Marketing Companies:* OMCs cut petrol and diesel prices by ₹2/ltr effective March 15.
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News Headlines from Business News Agencies :

@AlliesFin

*Business Standard :*

Five PSU banks to reduce govt shareholding to meet Sebi's MPS norms: DFS Secy

Wholesale inflation eases to 0.2% in Feb, food inflation rises marginally

L&T wins Rs 5,000 crore major onshore gas pipeline project in West Asia

Citroen plans to expand network footprint by 400% in India this year

Defence PSU BEL bags Rs 1,940 crore contract for advanced EW systems

Tata Motors to submit detailed project report on Tamil Nadu plant soon

KITES Senior Care raises Rs 45 crore from Ranjan Pai's family office fund

TCS announces deal to 'transform' Danish firm Nuuday's IT infrastructure

Market size for flexible office spaces in India to double by 2030: Anarock

Defence exports to more than double to Rs 40,000 cr by 2026: Anurag Thakur

Electric vehicle operator BluSmart touches milestone of 7,000 EV fleet

Paytm Payments Bank plans to cut about 20% of staff as business halt looms

NCLT allows correction in Reliance Capital's 90-day resolution timeline


*Economic Times :*

FTSE rejig: $1.70 billion inflows likely on Friday; HDFC Bank to be top beneficiary

Qualcomm inaugurates its Chennai Design Center

Cyber-attack, data breach among top risks for businesses in India: Survey

Biocon to sell branded formulations business to Eris Lifesciences for $150 mn

Cyberattack is top concern for businesses in India: Aon Survey

Adani Green Energy operationalises 300 MW wind power project in Gujarat

Brookfield commissions 268 MW phase I capacity at Bikaner plant

Fitch puts IIFL Finance on 'Rating Watch Negative' after RBI action

Centre revises flexible complementing scheme for scientists

India plans new population census, economic data improvements

64% of equity mutual funds outperform respective benchmarks in February


*Mint :*

Fitch raises India FY25 GDP forecast to 7% from 6.5%

Vedanta’s demerger plans may face hurdles from shareholders: Credit Sights report

Novartis set to launch chronic myeloid leukemia drug in India

LTIMindtree continues to grapple with post-merger exits amid demand slowdown

Crunchyroll sees uptick in active users as anime finds favour in India

Implementation of RCap resolution plan by 31 March deadline untenable: IIHL

Qualcomm open to buying made-in-India chips, says CEO

64% of equity mutual funds outperform respective benchmarks in February

Indian IT spending to grow 11% YoY in 2024 to reach $44 billion: report

SpiceJet secures lease agreements for 10 aircraft to bolster summer capacity

JSW Energy arm gets 700 MW project from SECI

RIL to buy out Paramount's 13.01% stake in Viacom18 for $517 million

SM REITs to boost property fractional market growth by 10 times to $5 bn
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Mkt. Updates :

@AlliesFin

*GIFT Nifty -125 pts (22132) from last trade 22257 ,*

Nikkei -227 pts ,
Hangseng -203 pts ,


Dow -137.66 pts ,Nsdq -49.24 pts, S&P
-14.83 pts , Bovespa -316 pts , Ftse -29 pts , Dax -19 pts , Cac +23 pts , Crude @ $81.03 brl (-0.23), Brent @ $85.42 brl (+0.00) , Gold @ 2165.70 (-1.80), Silver $25.02 (-0.04), Euro @ $1.0883, JPY @ $148.25, INR @ 82.965


*US GOVT. 10-YR YIELD : 4.28%*


*Today's Corporate Action, 15 Mar Ex Date :*

AUTOINT
Interim Dividend - Rs. - 0.5000  
CANOPYFIN
Amalgamation     
FOCUS
E.G.M.       
GAEL
Bonus issue 1:1    
IIFLSEC
Interim Dividend - Rs. - 3.0000  
INDGELA
Interim Dividend - Rs. - 10.0000  
ISMTLTD
Interim Dividend - Rs. - 0.5000  
KIRLFER
Interim Dividend - Rs. - 3.0000  
MKPL
Bonus issue 2:1    
PADAMCO
E.G.M.       
ROBU
E.G.M.       
SBILIFE
Interim Dividend    
WAAREERTL
Stock  Split From Rs.10/- to Rs.2/-  


*Today's Key Results/Board Meetings, 15-Mar-24 :*

APIS
Quarterly Results          
LASTMILE
Issue Of Warrants;Preferential Issue of shares;General  
THINKINK
Dividend;Stock  Split;Bonus issue  


*SEC. IN F&O BAN FOR, 15.03.2024 :*

*1. ABFRL 2. BHEL 3. MANAPPURAM 4. RBL BK. 5. SAIL 6. TATACHEM 7. ZEEL 8. PEL 9. NATIONALUM*

*ADDITION : BHEL*
*DELETION : HINDCOPPER*
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Thursday, 14 March 2024

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

NIFTY + 200 TILL NOW..,
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

India Daybook Stocks in News

T.me/AlliesFin

*Cyient:* Company signs a multi-year services agreement with Airbus for cabin & cargo engineering. (Positive)

*Sanofi:* Company in exclusive distribution agreement with Emcure Pharmaceuticals for Sanofi’s Cardiovascular brands (Positive)

*Zydus Life sciences:* Company introduces IBYRA for cancer patients in India (Positive)

*Dynamatic Technologies:* Company inks pact with Deutsche Aircraft to manufacture rear fuselage for regional aircraft D328eco (Positive)

*PC Jewel:* SBI accepts PC Jeweller’s one time settlement (OTS) proposal to settle the outstanding dues. (Positive)

*Power Mech Projects:* Company incorporates new wholly-owned subsidiary PMTS to design & develop technologies required for construction companies. (Positive)

*Dronacharya:* Company awarded service order from Adani to provide DGCA certified drone pilot training (Positive)

*Indian Hume Pipe:* Company gets order worth Rs 230 crore from Telangana Government for water supply & sewerage projects (Positive)

*RVNL/Salasar:* RVNL and Salasar JV has received LoA, The total cost of project is Rs 173.0 crore (Positive)

*ITC:* In a block deal Govt of Singapore bought 9.15 cr shares; ICICI Prudential Mutual Fund bought 59 lakh shares (Positive)

*Azad Engineering:* Company signed a $35 million with the steam power business of GE Vernova for the supply of high-complex rotating airfoils. (Positive)

*KEC International:* Company has secured new orders of Rs 2,257 crore across its various businesses including transmission & distribution projects in India (Positive)

*Shriram Properties:* Company has launched a new residential project under the ‘Codename Ultimate,’ with a project revenue potential of ₹350 crore. (Positive)

*Som Dist:* Board Meeting to be held on 02 Apr 2024 to consider Stock split. (Positive)

*Dr Reddy:* Company has received an order from GST Authority towards tax demand of Rs 3.06 crore. (Neutral)

*Reliance Ind:* Company to acquire 13.01% stake of Paramount entities in Viacom18 for ₹4,286 cr. (Neutral)

*IIFL Finance:* Company approves raising up to Rs 1,500 crore via issue of shares. (Neutral)

*Cholamandalam Investment:* Company purchases land worth Rs 735 crore from DLF IT Offices Chennai admeasuring 4.67 acres. (Neutral)

*BPCL:* Company to establish CBG plants in Raipur Bhilai with an investment of Rs 100 cr each (Neutral)

*Tata Motors:* Company signs MoU with Tamil Nadu Government to set-up vehicle manufacturing facility. (Neutral)

*Balkrishna Industries:* IT department conducting search at office premises, manufacturing units of company since March 11. (Neutral)

*Adani Ent:* AdaniConneX’s Hyderabad site gets five-star grading from British Safety Council. (Neutral)

*Vedanta:* Company to appeal SEBI order directing company to pay Rs 77.6 crore to Cairn U.K. before the appropriate forum (Neutral)

*L&TFH:* Company will continue to offer range of financial products & services under brand name 'L&T Finance'. (Neutral)

*HAL:* Defense Ministry approves acquisition of 34 New Dhruv Helicopters For Army, Indian Coast Guard worth Rs 8073 crore. (Neutral)

*Federal Bank:* Company stops issuance of new co-branded credit cards.

*South Indian Bank:* Bank is advised not to on-board fresh customers in co-branded credit cards until the bank fully complies with regulatory guidelines.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

GIFT Nifty -56 pts (22020) from last trade 22076 ,

Nikkei -156 pts ,
Hangseng +38 pts ,

Dow +37.83 pts ,Nsdq -87.87 pts, S&P
-9.96 pts , Bovespa +338 pts , Ftse +24 pts , Dax -3 pts , Cac +50 pts , Crude @ $79.69 brl (-0.03), Brent @ $84.03 brl (+0.00) , Gold @ 2180.50 (-0.30), Silver $25.245 (-0.00), Euro @ $1.0951, JPY @ $147.60, INR @ 82.815

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

DATAINFRA
Income Distribution (InvIT)   
WEL
Interim Dividend - Rs. - 1.0000

*Today's Key Results/Board Meetings*
*14-Mar-24*

GOLDLEG
General            
MIDHANI
Interim Dividend          
PRIMEFRESH
General            
SRUSTEELS
Increase in Authorised Capital        
TIHIL
General            
XTGLOBAL
General    

*Stock under F&O ban on NSE*
*14-Mar-24*

1 ABFRL
2 HINDCOPPER
3 MANAPPURAM
4 NATIONALUM
5 PEL
6 RBLBANK
7 SAIL
8 TATACHEM
9 ZEEL
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Wednesday, 13 March 2024

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

NIFTY ON SUPPORT 22122.
BANK NIFTY NEAR SUPPORT 46888.
SENSEX NEAR SUPPORT 73073.
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

To be accumulated gradually over the next 10 days

TOp PICKs (LaRGE / MiD / SMaLL CAPs) 2024-2025:

5 Large Caps,
10 mid and small caps,
Total 15 Stocks...
LIST IS OUT, GRAB YOUR COPY,
Write us
https://wa.me/+919869958999
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India Daybook Stocks in News


*Mahindra Life:* Company acquires 9.4 acres land parcel in Whitefield, Bengaluru. (Positive)

*Auro Pharma:* Eugia Pharma specialities start distribution of aseptic products manufactured at Unit III (Positive)

*Titagarh Rail:* Company introduces second 25T Bollard Pull Tug for Indian Navy (Positive)

*TCS:* Company and SymphonyAI form strategic partnership (Positive)

*Muthoot Capital:* Company partners with EVFIN for electric two-wheeler financing across India. (Positive)

*L&T Finance:* Company signs funding pact worth $125 million with Japan International Cooperation Agency. (Positive)

*PayTM:* NPCI likely to approve third-party application provider license to Paytm latest by March 15 (Positive)

*Vardhman Poly:* Board meeting on March 28 to consider and approve sub-division/ split of shares (Positive)

*SRF:* Company incorporates wholly-owned subsidiary SRF Middle East in Dubai for trading in refrigerant gases (Positive)

*Glenmark Pharma:* Company completes transfer of remaining 20% stake of Glenmark Life Sciences to Nirma. (Positive)

*Sanghi Industries:* Ambuja Cements to sell up to 4% stake in the Company (Neutral)

*Jet Airways:* NCLAT approves control transfer to Jalan Kalrock. (Neutral)

*Utkarsh Small Finance Bank:* Company gets order from Income Tax department raising demand of Rs 52 crore for AY 2023-24. (Neutral)

*Vodafone Idea:* Company as secured commitment of up to $1 billion for equity raise. (Neutral)

*Federal Bank:* Bank to be part of the BSE Financial Services Index from Monday. (Neutral)

*SBI:* Bank sends Electoral Bond data to ECI as per SC order (Neutral)

*Kotak Mahindra Bank:* Sold 34.7 lk equity shares of KFin Technologies in open market for ₹208 cr (Neutral)

*Vedanta:* SEBI asks Vedanta to pay Cairn UK ₹77.63 cr: Agencies (Neutral)

*ITC:* British American Tobacco (BAT) Intends to sell up to 436,851,457 ordinary shares in ITC Limited (Neutral)

*Dr Reddy:* Company has received an order from GST Authority towards tax demand of Rs 67.5 crore and Rs 6.7 crore interest and penalty. (Neutral)

*J&K Bank:* Issues clarification on news reports stating ED attached bank properties worth Rs 4.81 crore in bank fraud case. (Neutral)

*Ethos:* Reduces stake in arm Silvercity Brands AG to 35% from 100% earlier (Neutral)

*Shalby:* Company will acquire 100 percent stake in Healers Hospital from its existing shareholders for Rs 104 crore. (Neutral)

*Hindware Home:* Salil Kapoor has resigned as the CEO of the company due to personal reasons, with effect from March 12.
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*News Headlines from Business News Agencies :*

*Business Standard :*

NCLAT upholds Jet Airways transfer of ownership to Jalan Kalrock Consortium

NPCI likely to approve third-party application license for Paytm this week

Wheat inventories hit 7-year low at 9.7 MT after record state sale

Domestic passenger vehicle sales rise 11% in February, shows Siam data

NSE to cut cash, derivatives transaction charges by 1% from April 1

14 states, union territories raise Rs 35,544 crore at weekly bond auction

Intel sharpens focus on India, carving it out as a separate region

Rasna looks at overseas franchise arrangements for manufacturing abroad

Bank of Baroda launches green term deposit scheme with 7.15% interest

MSIL would have faced capacity hurdle without rail infra: Executive

Qualcomm to announce Snapdragon 8, 7 series processors on March 18: Report

Centre to develop non-personal data collection platform for India Inc


*Economic Times :*

Tata Power Solar completes India's largest solar-BESS project in Chhattisgarh

French startup Mistral AI vows to maintain open source

Apple to let developers distribute apps directly from their sites

Mahindra Lifespaces acquires 9.4-acre land parcel in Bengaluru's Whitefield

Reliance's fuel supply to Europe avoids Red Sea: Sources

Aditya Birla Sun Life Mutual Fund changes minimum SIP amount of 25 mutual fund schemes

FY24 GDP growth to be closer to 8 pc but we must not succumb to triumphalism and exuberance: CEA

Rooftop solar plants to be installed in 645 Delhi govt, MCD buildings, will create 50 MW capacity

Italy to set up AI fund of 1 billion euros, PM Giorgia Meloni says

JP Morgan extends Rs 200 crore credit facility to Oyo

Google ties up with ECI to prevent spread of false information


*Mint :*

India's retail inflation eases to four-month low at 5.09% in February 2024

Factory output: India's industrial production slows down to 3.8% in January 2024

VFS Global rejigs top deck, Yummi Talwar to replace South Asia COO Prabuddha Sen

Popular Vehicles and Services IPO receives lukewarm response on day 1

Abu Dhabi targets $100 billion AUM for AI investment firm

Goa-based FLY91 takes off for Lakshadweep on inaugural flight

Maharashtra Cabinet approves purchase of Mumbai Metro One from Anil Ambani

Ion Exchange bags ₹120 crore contract from Maaden, Saudi Arabia

RoCs to drop 25,400 firms from official register for not filing annual returns

Airbnb bans indoor security cameras in homes, prioritizing guest privacy

Impact of Red Sea crisis on trade will be seen in FY25, says think tank

Petrol pumps cap inventory amid hopes of fuel price cut
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Tuesday, 12 March 2024

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

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 13-03-2024 :*

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

*TOTAL NET SELL : -5554*

*INDEX FUT. : +442*

*INDEX OPT. : -7641*

*STOCK FUT. : +2094*

*STOCK OPT. : -450*

*SEC. IN F&O BAN FOR, 13.03.2024 :*

*1. ABFRL 2. HINDCOPPER 3. MANAPPURAM 4. MGL 5. SAIL 6. TATACHEM 7. ZEEL 8. PEL 9. NATIONALUM*

*ADDITION : PEL, NATIONALUM*
*DELETION : NIL,*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 12-MAR-2024 :*

*FIIS : BUY +73 (15,474-15,401)*

*DIIS : BUY +2,358 (10,478-8,120)*

*BSE SENSEX : +165 (73,667)*

*NSE NIFTY : +03 (22,335)*

*BSE MIDCAP. : -521 (39,237)*

*BSE SMLCAP. : -923 (42,831)*

*B. CRUDE : $ 82.44*

*GOLD: $ 2,161=INR 64,900(10gr)*

*SILVER : RS. 76,100 (kg)(5pm)*

*FOREX : RS. $ 82.77 *

*7.18% GOI '33: 7.0274%(101.03)*

*7.18% GOI '37: 7.0949% (100.7150)*
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https://www.business-standard.com/markets/stock-market-news/india-s-biggest-stock-winner-tata-investment-has-no-analyst-coverage-124031200072_1.html
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*News Headlines from Business News Agencies :*

*Business Standard :*

seeing signs of price manipulation in SME segment: Sebi chief Buch

Govt revamps pharma scheme, entails financial assistance to drug cos

IndusInd Bank launches Indus PayWear, an all-in-one tokenisable wearable

Delta CEO expects Boeing 737 Max 10 deliveries to be delayed until 2027

SC quashes plea, orders SBI to disclose electoral bond details by Tuesday

Coromandel Int'l delivers 200 drones to women SHGs to modernise farming

CIL, Vedanta, Adani eye lithium mining rights in Chhattisgarh's Korba

PLI schemes will get India get investments in chip manufacturing: US

Byju's shuts down offices across India amid cash crunch; implements WFH

Adani Green operationalises 1,000 Mw of solar projects at Khavda in Gujarat

AG&P Pratham, Think Gas Distribution to begin $1.1 billion merger

Beverage, air conditioner sales may jump up to 40% as mercury surges

India could be in upper-middle income category over FY33-FY36: Ind-Ra


*Economic Times :*

Mudrex launches US Bitcoin Spot ETFs for investors in India

Sidbi gets $24.5 million from Green Climate Fund for its Avaana Sustainability Fund

Shadowfax launches distribution centre in Port Blair

Indian airlines expected to report lower net loss of Rs 3,000-4,000 crore this fiscal: Report

Pepperfry appoints Mahip Dwivedi as VP marketing

UK regulator to allow crypto exchange-traded notes for professional investors

Maharashtra RERA cancels registration of 13,785 real estate agents

Trying to grow Mahindra Lifespaces five times in five years: Amit Kumar Sinha

Helios Mutual Fund launches Balanced Advantage Fund

UPI transaction fee debate resurfaces as PhonePe & Google Pay cash in on Paytm's fall

Sebi to start T+0 trade settlement on optional basis by March 28: Chairperson Buch

Mankind Pharma enters exclusive pact to distribute AstraZeneca's anti-asthma drug Symbicort in India


*Mint :*

Wipro & Nutanix partner to launch new Nutanix-focused business unit.

PM Modi announces first test flight of Made-in-India Agni 5 missile

Aditya Birla Capital board approves merger of Aditya Birla Finance with itself

Luxury travel aggregator Hype eyes global expansion amid profitable growth

SpiceJet returns leased engine to Brussels firm

Bajaj Auto trademarks point to CNG motorcycles and more

IGL, MGL, Gujarat Gas: Decline in Asian spot LNG price to aid earnings prospects

Sebi may review rule for funds targeting overheated small caps

The Body Shop files for bankruptcy; UK-based cosmetics major to close US stores

Nvidia sued by three authors for use of copyrighted works to train NeMo AI

Flipkart likely to enter quick commerce space business.
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*India Daybook – Stocks in News*


*ICICI Lombard:* Gross Direct Premium up 38.6%, April-February market share up 35 bps (Positive)

*Auro Pharma:* Company says acceptance of compliance with WHO GMP by who prequalification unit inspection services team (Positive)

*Pitti Engineering:* Company signs definitive agreement to acquire Bagadia Chaitra Industries at ₹124.92 crore (Positive)

*Astrazeneca Pharma:* Company and mankind pharma partner to accelerate access to asthma medicine for patients in India (Positive)

*Venus Remedies:* Company secured good manufacturing practices approval from UNICEF. (Positive)

*Wipro:* Company expands partnership with Nutanix to launch new Nutanix business unit (Positive)

*RVNL:* Company emerges lowest bidder for Maharashtra Metro Project worth ₹339.23 crore (Positive)

*Vardhman Poly:* Board meeting on March 28 to consider and approve sub-division/ split of shares (Positive)

*Suven Pharma:* Company has announced a proposed merger with Cohance life sciences (Positive)

*HG Infra:* Company gets letter of intent worth Rs 862 crore from NHAI for project in Andhra Pradesh (Positive)

*JWL:* Company gets order worth Rs 957 crore from the Ministry Of Railways for manufacturing and supply of BOSM Wagons (Positive)

*HIL:* Company has signed an agreement with Crestia Polytech for the acquisition of Topline at an enterprise value of ₹265 crore. (Positive)

*ITC:* British American Tobacco (BAT) is planning to sell up to $2-3 billion of ITC in block trades this week. (Neutral)

*ITC:* Company acquires share of Sproutlife Foods for Rs 50 cr (Neutral)

*AB Capital:* Company approved scheme of amalgamation of unit aditya birla finance with co. (Neutral)

*Canara Bank:* Revises one year MCLR to 8.9% from 8.85%. (Neutral)

*Info Edge:* IT & BPO hiring trends down YoY & but decline less than Jan 2024 (Neutral)

*PFC:* Board declares third interim dividend of Rs 3/share. (Neutral)

*ESAF Small:* The board approved the proposal to raise funds upto Rs 135 crore by Bonds. (Neutral)

*M&M:* February production up 26.1% at 73,380 units vs 58,203 units (Neutral)

*Adani Ent:* Subsidiary will begin the survey to collect data from lakhs of informal tenement residents of dharavi to determine eligibility criteria on 18 Mar 2024 (Neutral)

*KEI Industries:* Board approves interim dividend of Rs 3.5/share (Neutral)

*Star Health:* Company's revenue grows 19% year-on-year in February. (Neutral)

*NIACL:* Company's revenue grows 4% year-on-year in February. (Neutral)

*KFin Tech:* Kotak Bank to sell 2% stake in co via block deals, Kotak Bank looking to sell upto 34.7 lac shares worth Rs 218 crs (Neutral)

*Indigo:* Rakesh Gangwal pares stake in company for Rs 6,785 crore through open market transactions. (Neutral)
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Monday, 11 March 2024

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

India Daybook Stocks in News


*RVNL:* Company gets letter of award for projects worth ₹1,298.2 crore from Himachal Pradesh Electricity Board (Positive)

*Titagarh Rail:* The Company has bagged the contract from the Railway Board for Manufacture and supply of 4,463 BOSM Wagons for a contract value of Rs. 1909 Cr (Positive)

*PNC Infratech:* Company executes concession agreement for HAM project worth ₹1,174 cr with MP Road Development Corporation. (Positive)

*GAIL:* Company signed tripartite MoU with ONGC & Shell Energy to explore opportunities for import of ethane & other hydrocarbons. (Positive)

*Torrent Power* Gets LoA for supply of 306 MW Solar Power from Maha State electricity distribution company (Positive)

*India Glycols:* Company adds 270 KLPD capacity to existing bio-fuel ethanol plant at Kashipur, Uttarakhand (Positive)

*Tata Power:* MERC approves power tariff hike for Tata Power in Mumbai. (Positive)

*HG Infra:* Company declared L1 Bidder for project worth ₹610 crore by NHAI (Positive)

*SBI Life:* February Life insurance new premium growth by 32.3 percent YoY (Positive)

*HDFC Life:* February Life insurance new premium growth by 14.5 percent YoY (Positive)

*ICICI Pru:* February Life insurance new premium growth by 32.5 percent YoY (Positive)

*SJVN:* Company receives LoA for 1,352 MW of solar power projects, total invst at ₹7,436 crore. (Positive)

*Dwarikesh Sugar:* Buyback Approved, Offer price Rs. 105, Record date 20th March 2024. (Positive)

*JSW Energy:* JSW Neo enters into a technology licensing agreement with SANY Renewable for the manufacturing of 3.X MW WTGs in India for captive usage by the Company (Positive)

*Stylam Industries:* Care Ratings has improved the outlook of the company. (Positive)

*United Breweries:* Company launches new brand viz., ‘Kingfisher Ultra Max Draught Beer’ in the ‘Premium Strong Beer’ segment category in Karnataka market. (Positive)

*KPI Green:* Company gets an order for the development of 305MW solar power projects from Aditya Birla Renewables Subsidiary & ABREL (RJ) Projects. (Positive)

*Signature Global:* Company will invest Rs 1,000-1200 crore per year to purchase land for the development of housing projects and encash strong consumer demand. (Positive)

*NBCC/BHEL:* Signs two MoUs with BHEL to redevelop BHEL's facilities, lease offices, residential units. (Positive)

*Dilip Buildcon:* Company gets order worth Rs 550 crore for tender floated by NHAI on hybrid annuity basis in Tamil Nadu (Positive)

*Azad Engineering:* Signs a Long-Term Strategic Supply Agreement (SSA) with a subsidiary of Baker Hughes (Positive)

*Tata Communications:* Company invests in global live production services with facility in Los Angeles. (Positive)

*Gujarat Gas/BPCL:* Signed accord for liquid fuels, auto lubricants. (Positive)

*Dredging Corp:* Company in pact with BEML for manufacturing of spares, dredgers (Positive)

*Zydus Life:* Company has received the EIR report from the USFDA for the inspection conducted at the API Ahmedabad facility (Positive)

*Beverages stocks:* Government hikes outlay to tea sector, incentives to small growers. (Positive)

*Rainbow Medicare:* Company has added a ~50-bed additional block to the existing hospital at Hydernagar, Hyderabad (Positive)

*Imagicaaworld:* To set up an entertainment hub at the Sabarmati Riverfront at Ahmedabad over an area admeasuring approximately 11 acres (Positive)

*IOC:* Company to manufacture fuel used in Formula1. (Positive)

*HCL Tech:* Company partners with Service Now to offer Gen-AI-led solutions for driving efficiency, cost-savings in businesses. (Positive)

*VBL:* Company is expanding its production capacities in the juices and value-added dairy products segments in 2024. (Positive)

*Gensol Engineering:* Company wins Gujarat Urja Vikas Nigam Limited’s (GUVNL’s) 70 MW (140 MWh) battery energy storage project worth ₹450 crore revenue (Positive)

*LTIMindtree:* Board appoints Vipul Chandra as new CFO. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

Today's Headlines from :

T.me/AlliesFin

*Economic Times :*

Top auditors stop offering non-audit work to clients

Office lease tenures at record high as occupiers show stronger India commitment

Saudi Aramco boosts dividend payout to $31 billion despite 25% fall in full-year profit

India inks pact with EFTA, gets $100 billion commitment

ISRO's Chandrayaan-4 to bring back Moon rocks and soil to Earth, use dual-rocket system

Carmakers raise FY24 sales growth projection to 8.2%

AU Small Finance Bank aims to become universal bank in 3-5 years

Stone Sapphire India to invest Rs 1,000 crore in homewares plant in Baroda

Mobile phone manufacturing jumps 21 times to Rs 4.1 lakh cr in 10 yrs: ICEA

KKR, Carlyle and EQT among five buyout funds in race for Healthium


*Business Standard :*

Adani's Rs 60,000 crore investment to expand 7 airports in 10 years

India AI mission to provide funding, support to deeptech startups: Experts

Sovereign gold bonds help save $3.3 billion in India's gold import bill

Zopper eyes expansion into EMs, targets 50-60% growth in India in 3 years

Govt plugs loopholes in imports of QCO items

Sebi mandates registration of index providers under regulatory fold

From downturn to dominance: PSUs reclaim 17.3% India's market glory

CBDT starts sending emails, SMSs for mismatch in tax profile in FY24

NHIT plans to raise Rs 4,500 crore debt to buy two more road projects

Rs 5K cr set aside for green hydrogen production in Uttar Pradesh

Govt banks on coal to power nation in summer; peak demand may cross 265 Gw

PM Modi virtually inaugurates 15 airport projects worth Rs 9,800 crore


*Financial Express :*

‘Ore shortage’ hitting steel production, says sponge iron industry, seeks ban on exports

Electricity prices on exchanges plunge, down a half in past 2 weeks

Results of 9th coal auctions within 2 weeks: Official

CCI implements global revenue-based penalties to deter violations

Applied Materials looks to sell equipments to India’s first semiconductor fab

Formal contractual workers to double to 10 million by 2030: Indian Staffing Federation

Sebi extends deadline for public comments on revamp of nominations framework


*Mint :*

Disney merger in sight, Viacom18 rejigs top roles

Edelweiss front runner to buy O2 Power’s 350 MW solar projects

Adani’s airport outlay plans at ₹60k crore in 10 years

I-T department to launch e-campaign to step up tax compliance

CCPA helps recover ₹1,453 cr dues from travel aggregators

Max taps PE funds to sell up to 10% stake in Antara

US President Joe Biden' administration mulls sanctions on Chinese tech companies.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

https://x.com/cnbctv18live/status/1870100490643747026?s=52 By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/Al...