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

PSUs made more than 5 lakh cr in profits in FY24
@ALLIESFIN
•SBIN: ₹67,085 Cr
•ONGC: ₹49,221 Cr
•IOC: ₹41,730 Cr
•LICI: ₹40,916 Cr
•COALINDIA: ₹37,402 Cr
•BPCL: ₹26,859 Cr
•NTPC: ₹20,812 Cr
•BANKBARODA: ₹18,767 Cr
•HINDPETRO: ₹16,015 Cr
•PFC: ₹15,889 Cr
•POWERGRID: ₹15,573 Cr
•CANBK: ₹15,279 Cr
•RECLTD: ₹14,145 Cr
•UNIONBANK: ₹13,797 Cr
•GAIL: ₹9,899 Cr
•PNB: ₹9,107 Cr
•INDIANB: ₹8,419 Cr
•HAL: ₹7,621 Cr
•GICRE: ₹6,907 Cr
•BANKINDIA: ₹6,564 Cr
•IRFC: ₹6,337 Cr
•OIL: ₹6,335 Cr
•NMDC: ₹5,575 Cr
•MAHABANK: ₹4,072 Cr
•BEL: ₹3,985 Cr
•NHPC: ₹3,624 Cr
•MRPL: ₹3,597 Cr
•UCOBANK: ₹3,435 Cr
•SAIL: ₹3,067 Cr
•CENTRALBK: ₹2,668 Cr
•IOB: ₹2,666 Cr
•HUDCO: ₹2,117 Cr
•NATIONALUM: ₹1,988 Cr
•MAZDOCK: ₹1,937 Cr
•NLCINDIA: ₹1,854 Cr
•RVNL: ₹1,574 Cr
•CONCOR: ₹1,261 Cr
•IREDA: ₹1,252 Cr
•IRCTC: ₹1,111 Cr
•NIACL: ₹1,048 Cr
•IRCON: ₹930 Cr
•SJVN: ₹911 Cr
•COCHINSHIP: ₹783 Cr
•SCI: ₹679 Cr
•PSB: ₹595 Cr
•RITES: ₹455 Cr
•ENGINERSIN: ₹445 Cr
•NBCC: ₹402 Cr
•GRSE: ₹357 Cr
•BDL: ₹352 Cr
•HINDCOPPER: ₹295 Cr
•MOIL: ₹293 Cr
•BHEL: ₹282 Cr
•RCF: ₹225 Cr
•MMTC: ₹192 Cr
•IFCI: ₹104 Cr
•MIDHANI: ₹92 Cr
•KIOCL: -₹83 Cr
•ITI: -₹569 Cr
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News Headlines from Business News Agencies:

Business Standard

Schneider Electric invests Rs 200 crore in large campus in Bengaluru
Rooftop solar installations fall 26% to 367 MW in Jan-Mar: Report
Hero FinCorp eyes Rs 4,000-crore fund raise via IPO
India's FDI inflows fell 3% to $44 bn in FY24; manufacturing down 18%
Bank frauds rise 166% in FY24 to over 36,000 cases, shows RBI annual report
GCCs in India becoming 'nerve centres' for global business success
India to be the fastest growing major economy in 2024-2028, says EIU
Rs 500 note share surges to 86.5% by value in total circulation: RBI report
Capital requirements will remain high for Indian companies: Moody's
Simaero to invest $100 million over five years to train 5,000 pilots
Oyo posts maiden profitable year with Rs 100 cr PAT in FY24: Ritesh Agarwal
B2B fintech Vegapay raises $5.5 mn; co. to fund team expansion, operations

Economic Times

IDFC First Bank to raise Rs 3,200 cr via preferential issue to LIC, others
Investors bought Rs 27,000 cr of sovereign gold bonds in FY24: RBI report
RBI's dividend transfer may ease deposit rates if govt spends it: Ind-Ra
NSE Indices launches India’s first electric vehicle index
UAE looking to expand scope of trade under CEPA with India: Official
E-commerce, BFSI, hospitality sectors driving job market in 2024: Report
Telecom service providers seek urgent intervention from DoT to curb rising equipment theft
India's pharma export sales to grow faster this year
RBI releases finalised framework for Indian fintech sector's self-regulatory body
Bharti aIRTEL names Sharat Sinha AS CEO of Airtel Business
Volt Money partners with PhonePe for loans against mutual funds

Mint

BDL Q4 Results: Net profit at Rs 288 crore, up by 89% YOY
Apple and OpenAI forge billion-dollar AI partnership ahead of WWDC 2024: Report
Macawber Beekay to Set Up Three More Green Coal Projects for NTPC
JSW Steel's new coated steel product to power renewable energy sector
India steps up medical devices safety drive; DCGI mandates BIS compliance
Apple signals that it’s working on TV app for android phones
Indian economy needs to navigate challenges from AI, climate shocks: RBI
Irdai issues circular for insurers to decide on cashless authorisation in 1 hour
Sebi reduces approval time to 7 days for brokers for internet-based trading
Mahindra Logistics incorporates 50-50 JV with Seino for warehousing & trucking services
Alembic Pharma gets final US FDA nod for Sacubitril & Valsartan Tablets.
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Today Listing Awfis Space Solutions Ltd IPO Detail.
BSE Code:-544181
NSE Symbol:-AWFIS
Group:-B
ISIN:-INE108V01019
Issue Price:-383/-
Lot Size:-39 Shares
Face Value:-10/-
Listing At:-NSE,BSE

Securities in Ban for Thursday, May 30th 2024

ABFRL
GMR INFRA
HIND COPPER
VODAFONE IDEA
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*India Daybook – Stocks in News*


*Heritage Foods:* Net profit at Rs 40.5 cr vs Rs 17.9 cr, Revenue at Rs 950.6 cr vs Rs 817.6 cr. (YoY) (Positive)

*Entero:* Net profit at Rs 21 cr vs loss Rs 3.8 cr, Revenue at Rs 1034 cr vs Rs 887 cr. (YoY) (Positive)

*Genus Power:* Net profit at Rs 24 cr vs loss Rs 11 cr, Revenue at Rs 420 cr vs Rs 202 cr. (YoY) (Positive)

*Aadhar:* Net profit at Rs 202 cr vs Rs 141 cr, Revenue at Rs 334 cr vs Rs 263 cr. (YoY) (Positive)

*Cummins:* Net profit at Rs 561 cr vs Rs 318 cr, Revenue at Rs 2316 cr vs Rs 1926 cr. (YoY) (Positive)

*GMR Airports:* Net loss of ₹167.6 cr vs ₹loss of ₹638.9 cr, Revenue up 29.5% at ₹2,446.8 cr vs ₹1,889.7 cr (YoY) (Positive)

*SJVN:* Net profit at Rs 61.1 cr vs Rs 17.2 cr, Revenue at Rs 482.9 cr vs Rs 503.8 cr. (YoY) (Positive)

*Samvardhana Motherson:* Net profit at Rs 1372 cr vs Rs 654 cr, Revenue at Rs 27,058 cr vs Rs 22,517 cr. (YoY) (Positive)

*Banco Products:* Net profit at Rs 68.2 cr vs Rs 51 cr, Revenue at Rs 723.9 cr vs Rs 609.3 cr. (YoY) (Positive)

*Bajaj Steel:* Net profit at Rs 22.55 cr vs Rs 17.1 cr, Revenue at Rs 174 cr vs Rs 120 cr. (YoY) (Positive)

*M. K. Protiens:* Net profit at Rs 5.83 cr vs Rs 2.5 cr, Revenue at Rs 86.75 cr vs Rs 68.86 cr. (YoY) (Positive)

*SJVN:* Company in pact with Indian Oil for JV in renewable, new tech projects (Positive)

*Avantel:* Company gets Rs 110 crore order for supply of SATCOM equipment from Defence Ministry (Positive)

*BOROSIL:* Company is planning to launch new glass products and expand its product line to replace plastic and steel products (Positive)

*Intellect:* Company unveils ground breaking emach. ai composed and contextual platforms ICPX and IAPX to reimagine corporate procurement and accounts payable processes (Positive)

*HPCL:* Company has signed MOU with oil India limited to collaborate on conventional & alternative energy portfolio (Positive)

*HCL TECH:* Company infuses GENAI into MRO solution to redefine enterprises asset utilization. (Positive)

*NMDC:* Company to seek nod to add more mining areas in Karnataka & Chattisgarh. (Positive)

*JWL:* Receives ARIA approval to start the commercial production of Battery Operated Light Commercial Vehicles (Positive)

*Prestige:* Company says GDV of projects expected to launch in the FY 2025 is 59,000 cr rupees (Positive)

*Infosys:* Company launches AI-led innovations for Roland-Garros 2024 in partnership with French Tennis federation. (Positive)

*KIOCL:* Pellet Plant Unit of the Company situated at Mangalore has resumed its operation (Positive)

*Power Mech Projects:* Company secures an order worth Rs 563 crore from BHEL to construct a nuclear power plant (Positive)

*Yatra:* Yatra Online Unveils Gen AI-Powered Expense Management Solution for SMEs and Large Enterprises (Positive)

*Axis Bank/ICICI Bank:* At the same time, S&P has also revised upward its Stand-Alone Credit Profile of Axis Bank and ICICI Bank by one notch each (Positive)

*HPCL:* MG Motor India collaborates with HPCL to expand EV charging network in India. (Positive)

*RAMS Solutions:* Company announces expansion of strategic partnership with Ramco Systems (Positive)

*Adani Energy:* Company Looking to redeploy surplus fund for future growth (Positive)

*RVNL:* Company gets order worth Rs 38 crore for signalling work (Positive)

*Hind Composites:* Net profit at Rs 8 cr vs Rs 10 cr, Revenue at Rs 78.6 cr vs Rs 78 cr. (YoY) (Neutral)

*Hindustan Oil:* Net profit at Rs 70.6 cr vs Rs 106.7 cr, Revenue at Rs 330.6 cr vs Rs 193.4 cr. (YoY) (Neutral)

*Munjal Showa:* Net profit at Rs 7.8 cr vs Rs 21.2 cr, Revenue at Rs 294.3 cr vs Rs 298.9 cr. (YoY) (Neutral)

*Medicamen:* Net profit at Rs 3.1 cr vs Rs 4 cr, Revenue at Rs 45 cr vs Rs 37.1 cr. (YoY) (Neutral)

*Dredging Corp:* Net loss at Rs 23.5 cr vs profit of Rs 27.2 cr, Revenue at Rs 277.9 cr vs Rs 265.4 cr. (YoY) (Neutral)

*RHI Magnesita:* Net loss at Rs 257.9 cr vs Rs 679.4 cr, Revenue at Rs 943.3 cr vs Rs 874.8 cr. (YoY) (Neutral)
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*News Headlines from Business News Agencies :*

*Business Standard :*

Govt plans to enlist dairy, fishery co-operatives in rural banking outreach

Emami Q4 results: Net profit rises 3.6% to 146.75 cr, revenue up 6.6%

Sebi penalises Samco for lapses, bond platforms formalise association

Samvardhana Motherson Q4 results: Net profit jumps 2-fold to Rs 1,444 cr

Some ARCs bypassing regulations, lack transparency: RBI deputy governor

PTC India defers board meeting due to unavailability of subsidiary results

Schneider Group-owned Lauritz Knudsen to invest Rs 850 crore in 3 years

Robotics firm DiFACTO raises Rs 40 cr in funding from Stakeboat Capital

Some Indian asset recast firms circumventing rules: RBI deputy Swaminathan

Boeing reaches tentative contract agreement with firefighters union

Foreign funds return to Indian bonds as JPMorgan index inclusion nears

*Economic Times :*

Mazagon Dock Q4 Results: PAT skyrockets 103% YoY to Rs 663 crore, revenue jumps 49%

Power Mech Projects bags order worth Rs 563 crore to construct nuclear power plant from BHEL

Jakson Green secures Rs 60 crore funding from HSBC India

Govt planning new way to save you from bank and other financial scams

Foreigners lift India's derivative holdings to record $101 billion

Man Industries gets new orders worth Rs 490 cr

India set for wheat imports after six years, to shore up reserves

Euler Motors raises Rs 200 crore from Piramal Alternatives, others

India's natural gas demand to rise 7% in 2024, says IEA

MG Motor, HPCL join hands to enhance EV charging infrastructure

BharatX expands into healthcare finance with acquisition of Zenifi


*Mint :*

S&P Global revises Indian economy outlook to positive

ADB's sovereign lending to India stood at $2.6 bn in 2023

India's FY24 GDP growth to hit 8%; RBI rate cuts delayed: DBS Bank's Radhika Rao

Suzlon bags order of 551 MW from the Aditya Birla Group

RBI imposes restrictions on Edelweiss Group entities over supervisory concerns

Goldman Sachs raises $20 billion for private lending

SpiceJet faces yet another insolvency case from engine lessor

PwC set to become OpenAI’s largest ChatGPT enterprise customer

Crude oil prices hit 4-week high on OPEC+ cut expectations, demand optimism

Govt raises alarm over critical vulnerability in TP-Link routers: Details

HDFC Bank to stop SMS alerts for Low-Value UPI transactions
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Bharat India Daybook Stocks in News


Brigade: Net profit at Rs 210.0 cr vs Rs 63.0 cr, Revenue at Rs 1702 cr vs Rs 842 cr. (YoY) (Positive)

Gensol Engineering: Net profit at Rs 46.5 cr vs Rs 11.7 cr, Revenue at Rs 363 cr vs Rs 144 cr. (YoY) (Positive)

NBCC: Net profit at Rs 141 cr vs Rs 114 cr, Revenue at Rs 4025 cr vs Rs 2813 cr. (YoY) (Positive)

India Glycols: Net profit at Rs 42.2 cr vs Rs 39.8 cr, Revenue at Rs 2039 cr vs Rs 1615.7 cr. (YoY) (Positive)

Campus Activewar: Net profit at Rs 33 cr vs Rs 23 cr, Revenue at Rs 364 cr vs Rs 348 cr. (YoY) (Positive)

Responsive: Net profit at Rs 46 cr vs Rs 22 cr, Revenue at Rs 288 cr vs Rs 237 cr. (YoY) (Positive)

WTI Cabs: Net profit at Rs 24 cr vs Rs 10 cr, Revenue at Rs 413 cr vs Rs 250 cr. (YoY) (Positive)

Medplus: Net profit at Rs 34 cr vs Rs 27.0 cr, Revenue at Rs 1490 cr vs Rs 1252.0 cr. (YoY) (Positive)

JSW Holdings: Net profit at Rs 19.4 cr vs Rs 17.0 cr, Revenue at Rs 27 cr vs Rs 24.5 cr. (YoY) (Positive)

Emami Paper: Net profit at Rs 27.2 cr vs loss Rs 11.3 cr, Revenue at Rs 484 cr vs Rs 550 cr. (YoY) (Positive)

SG Finserve: Net profit at Rs 24 cr vs Rs 14.0 cr, Revenue at Rs 59 cr vs Rs 27 cr. (YoY) (Positive)

Fineotex Chemicals: Net profit at Rs 30 cr vs Rs 26 cr, Revenue at Rs 153 cr vs Rs 137 cr. (YoY) (Positive)

ABFRL: Net loss at Rs 266.0 cr vs Rs 195.0 cr, Revenue at Rs 3407 cr vs Rs 2880 cr. (YoY) (Positive)

Silver Touch: Net profit at Rs 6.3 cr vs Rs 4.0 cr, Revenue at Rs 78 cr vs Rs 43 cr. (YoY) (Positive)

Havells: Company incorporates joint venture with Krut LED in U.S. to market and sell lighting products and solutions (Positive)

Oil India: Company signs MoU with HPCL to collaborate on conventional and alternative energy portfolio (Positive)

PNC Infratech: Company gets bonus worth Rs 56.4 crore for early completion of EPC project (Positive)

Reliance Industries: Company has signed a one-year deal with Russia's Rosneft to buy at least 3 million barrels of oil a month in roubles (Positive)

Adani Total Gas: ICRA upgrades long-term rating to AA, outlook stable and re-affirms short-term rating at A1+ (Positive)

Wipro: Company to transform, modernise IT operations of Close Brothers. (Positive)

Infosys: Company Collaborates With Commerzbank To Transform Its Trading Ecosystem. (Positive)

Hindalco: Novelis files to offer 45 m shares in the US IPO; sets price range at $18-21/share. (Positive)

Canara Bank: To consider fund raising plan for FY25 on May 31. (Positive)

Timken: Company intends to maintain controlling interest in Timken India and plans no further sale transactions. (Positive)

Symphony: Company expected to outperform with improving margins (Positive)

Spice Jet: Delhi HC grants time until June 17 to return 2 aircraft & engines along with technical records. (Positive)

NMDC: Company to act as distributor, stockist for NMDC Steel. (Positive)

Servotech Power: Company arm Incharz in pact with 3ECO to develop exclusive EV charging stations (Positive)

Intellect: Company launches Canada-ready EMACH AI cloud for banks and credit unions, enhancing payments, digital experiences, core banking and contextual (Positive)

Man Industries: Net profit at Rs 24 cr vs Rs 30 cr, Revenue at Rs 810.7 cr vs Rs 597.7 cr. (YoY) (Neutral)

Chaman Lal Setia: Net profit at Rs 23.0 cr vs Rs 38.0 cr, Revenue at Rs 385 cr vs Rs 363 cr. (YoY) (Neutral)

Ashiana: Net profit at Rs 17.0 cr vs Rs 28.0 cr, Revenue at Rs 290 cr vs Rs 184 cr. (YoY) (Neutral)

IRCTC: Net profit at Rs 284.0 cr vs Rs 279.0 cr, Revenue at Rs 1155 cr vs Rs 965 cr. (YoY) (Neutral)

RR Kabel: Net profit at Rs 79.0 cr vs Rs 65.0 cr, Revenue at Rs 1754 cr vs Rs 1517 cr. (YoY) (Neutral)

Jagran Prakashan: Net profit at Rs 6.0 cr vs Rs 23.0 cr, Revenue at Rs 510 cr vs Rs 459 cr. (YoY) (Neutral)

Kingfa: Net profit at Rs 33.6 cr vs Rs 36.6 cr, Revenue at Rs 404 cr vs Rs 365 cr. (YoY) (Neutral)

Epack: Net profit at Rs 28.0 cr vs Rs 33.0 cr, Revenue at Rs 526 cr vs Rs 639 cr. (YoY) (Neutral)

GNFC: Net profit at Rs 127.0 cr vs Rs 95.0 cr, Revenue at Rs 2110 cr vs Rs 2088 cr. (YoY) (Neutral)
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*News Headlines from Business News Agencies :*

*Business Standard :*

Defence ministry tightens control on exports, increases equipment oversight

FPIs turn net buyer in May as JP Morgan Index inclusion nears

ABN Amro to buy German bank in biggest deal since 2008 financial crisis

Wall Street moves to fastest settlement of trades with T+1 system

India-France negotiations for Rs 50k-cr 26 navy Rafales to start next week

Bank credit growth to moderate to 14% in FY25 after robust growth: CRISIL

NCLAT upholds Adani Goodhomes plan with 93% haircut for Radius Estate

Volkswagen Group hits 1.5 million vehicle manufacturing mark in India

ICAI proposes new domestic networking model for chartered accountancy firms

Office space leasing by GCCs up 17% to 22.5 mn sq ft in 2023-24: Report

European Union banks seek RBI approval for third-party transaction model


*Economic Times :*

Jet Airways Insolvency: JKC withdraws plea to put Rs 200 cr in escrow after NCLAT refuses relief

Commerce ministry working on standard operating procedure for FTA negotiation

Sebi allows privately placed InvITs to issue subordinate units

PNB Housing Finance likely to see stake sale worth Rs 500 crore via block deal: Report

Reliance signs deal with Russia's Rosneft to purchase oil in roubles

DCM Shriram inks pact with ICT for R&D in chemical industry

AbleCredit raises $1.25 million in funding round led by Merak Ventures

Google, Amazon, Apple lobby group opposes India's EU-like antitrust proposal

Indian fertilizer industry on track to reach Rs 1.38 lakh cr by 2032 amidst robust growth and strategic innovations

InCred Capital appoints Julius Baer India’s Vikram Agarwal as chief operating officer

Suzlon looking at a much stronger balance sheet at the end of FY25: CFO


*Mint :*

Hindalco's Novelis files draft papers to target $12.6 bn valuation via US IPO

Modenik Lifestyle names P&G India's ex-CEO L.V. Vaidyanathan as executive chair

Toyota plans to develop smaller engines compatible with carbon-neutral fuels

Canara Bank to consider fund raising plan for FY25 on May 31

Infra.Market raises another $50 mn from Mars Unicorn Fund

Mukesh Ambani's Jio Infocomm may see public listing first, says report

Sony Pictures Networks India hires Disney Star’s Gaurav Banerjee as CEO

Jio sidesteps telco role as Radisys, NGIC team up to boost Africa 5G infra

Poonawalla Launches ‘IndusInd Bank Poonawalla eLITE RuPay Platinum Credit Card’

Adani Group to enter UPI, credit card business to compete Google and RIL: Report

Goodluck India Q4 earnings: PAT grew by 32.9%, margin at 7.4%
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*SEC. IN F&O BAN FOR, 29 MAY, 2024 :*

*1. BIOCON 2. ABFRL 3. HINDCOPPER 4. IDEA 5. PEL*

*ADDITION : ABFRL*
*DELETION : GNFC*
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Reliance Industries signs deal with Rosneft to buy oil in roubles: Reuters

https://www.moneycontrol.com/news/business/reliance-industries-signs-deal-with-rosneft-to-buy-oil-in-roubles-reuters-12734816.html
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*Instl. Investors EQUITY Cash Trades PROV. - 28/05/2024 : Rs. CRS. :*

*FIIS : BUY +65 (14,739-14,674)*

*DIIS : BUY +3,231 (13,169-9,938)*
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Elections @AlliesFin

#Brokers giving targets on Seats.

#Politicians giving targets on Markets
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*India Daybook – Stocks in News*


*Cochin Shipyard:* Net profit at Rs258.8 cr vs Rs 39.3 cr, Revenue at Rs 1286 cr vs Rs 600 cr. (YoY) (Positive)

*Affle:* Net profit at Rs 87 cr vs Rs 62 cr, Revenue at Rs 506 cr vs Rs 356 cr. (YoY) (Positive)

*S Chand:* Net profit at Rs 170 cr vs Rs 134 cr, Revenue at Rs 471 cr vs Rs 391 cr. (YoY) (Positive)

*Antony Waste:* Net profit at Rs 27.5 cr vs Rs 9.5 cr, Revenue at Rs 210.2 cr vs Rs 201.8 cr (YoY) (Positive)

*Borosil:* Net profit at Rs 5.0 cr vs Rs 3.0 cr, Revenue at Rs 229.0 cr vs Rs 177.0 cr (YoY) (Positive)

*Divis Lab:* Net profit at Rs 540 crore versus Est of Rs 458 cr, Revenues at Rs 2303 crore versus Est of Rs 2098 cr (Positive)

*Auro Pharma:* Net profit at Rs 960 crore versus Est of Rs 841 cr, Revenues at Rs 7600 crore versus Est of Rs 7344 cr (Positive)

*Stove Kraft:* Net profit at Rs 2.65 cr vs loss of Rs 6 cr, Revenue at Rs 325 cr vs Rs 278 cr. (YoY) (Positive)

*Bosch:* Net profit at Rs 564.4 cr vs Rs 398.9 cr, Revenue at Rs 4233.4 cr vs Rs 463.4 cr. (YoY) (Positive)

*RP Tech:* Net profit at Rs 39.8 cr vs Rs 24.2 cr, Revenue at Rs 3000 cr vs Rs 2260 cr. (YoY) (Positive)

*Paramount:* Net profit at Rs 29.5 cr vs Rs 13.8 cr, Revenue at Rs 311 cr vs Rs 202 cr. (YoY) (Positive)

*Zee Media:* Net loss at Rs 6.5 cr vs Rs 45.8 cr, Revenue at Rs 179 cr vs Rs 148 cr. (YoY) (Positive)

*Manappuram Fin:* Net profit at Rs 563 cr vs Rs 415 cr, NII at Rs 1494 cr vs Rs 1129 cr. (YoY) (Positive)

*Lumax Ind:* Net profit at Rs 36.1 cr vs Rs 48.9 cr, Revenue at Rs 742.7 cr vs Rs 608 cr (YoY) (Positive)

*Shaily Eng:* Net profit at Rs 19.3 cr vs Rs 9.9cr, Revenue at Rs 170 cr vs Rs 135 cr. (YoY) (Positive)

*Torrent Pharma:* Net profit at Rs 449 cr vs Rs 287 cr, Revenue at Rs 2745 cr vs Rs 2491 cr (Positive)

*Borosil:* Net profit at Rs 5.0 cr vs Rs 3.1 cr, Revenue at Rs 229 cr vs Rs 176.5 cr. (YoY) (Positive)

*EIH Associates:* Net profit at Rs 37 cr vs Rs 26 cr, Revenue at Rs 132 cr vs Rs 108 cr. (YoY) (Positive)

*Astra Microwave:* Net profit at Rs 54.4 cr vs Rs 13.5 cr, Revenue at Rs 354 cr vs Rs 258 cr. (YoY) (Positive)

*Excel Ind:* Net profit at Rs 6.6 cr vs Rs 2.2 cr, Revenue at Rs 234 cr vs Rs 230 cr. (YoY) (Positive)

*Jayant Agro:* Net profit at Rs 16.8 cr vs Rs 13.8 cr, Revenue at Rs 620 cr vs Rs 610 cr. (YoY) (Positive)

*Suzlon Energy:* Net profit at Rs 254 cr vs Rs 319.9 cr, Revenue at Rs 2196 cr vs Rs 1690 cr. (YoY) (Positive)

*Andhra Petro:* Net profit at Rs 43.9 cr vs Rs 6.0 cr, Revenue at Rs 278 cr vs Rs 162 cr. (YoY) (Positive)

*Sundaram Finance:* Net profit at Rs 506 cr vs Rs 316.4 cr, Revenue at Rs 1571 cr vs Rs 1054 cr. (YoY) (Positive)

*Happy Forging:* Net profit at Rs 66 cr vs Rs 51 cr, Revenue at Rs 343 cr vs Rs 302 cr. (YoY) (Positive)

*Ashima:* Net profit at Rs 95.7 cr vs loss Rs 5.9 cr, Revenue at Rs 146 cr vs Rs 38.2 cr. (YoY) (Positive)

*Genus Paper:* Net profit at Rs 2.0 cr vs Rs 0.5 cr, Revenue at Rs 180 cr vs Rs 190 cr. (YoY) (Positive)

*DOMS Industries:* Net profit at Rs 45.2 cr vs Rs 34 cr, Revenue at Rs 403 cr vs Rs 336.5 cr. (YoY) (Positive)

*Indiabulls HSG Fin:* Net profit at Rs 320 cr vs Rs 261 cr, Revenue at Rs 2205 cr vs Rs 2075 cr. (YoY) (Positive)

*Aegis Logistics:* Company says kandla port – 80,000 KL capacity commissioned in FY24 and another 25,000 KL capacity to be operational in FY25 (Positive)

*Rushil Decor:* Company approved stock split in ratio of 1:10 (Positive)

*GAIL:* Company commissions its first green hydrogen plant under national green hydrogen mission (Positive)

*Adani Ports:* Company to be included in Sensex from June 24 to replace Wipro (Positive)

*IndiGo:* Company announces plans to unveil business-class services by this year-end. (Positive)

*SBC Exports:* Company reveals plans to venture into realms of retail, franchising, and exports; unveiling expansion strategy for next 5 years. (Positive)

*Petronet:* Company guidance for next year is for 27 million tons of LNG imports, Company expects that the majority of the incremental volume will land in DAHEJ. (Positive)
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*News Headlines from Business News Agencies :*

*Business Standard :*

Expect sales to grow faster than industry this fiscal: JLR India official

Insurance brokers urge Irdai to allow them to appoint 'Bima Vahaks'

Coromandel International launches 10 new products to boost crop yields

Reliance's tech pact with Norway's Nel to accelerate new energy investments

India mulls GST relief for foreign airlines; fitment committee to review

South India office market on the fast lane driven by IT sector, GCCs

Hindalco bidding for two nickel, cobalt mines in Maharashtra, K'taka: MD

Shriram General Insurance Company plans re-entry in crop business

Adani Ports to be included in Sensex from June 24, Wipro to be excluded

Biocon signs licensing, supply deal for obesity drug in South Korea

Air India appoints Sanjay Sharma as CFO with effect from June 10

RBI dividend usage to signal new govt's fiscal priorities: Ratings agencies

Infosys CEO Salil Parekh says GenAI adoption won't lead to job losses

India should stay focused on promoting EVs: Kia's Hardeep Singh Brar


*Economic Times :*

Domestic airfares on northward trajectory; still among lowest globally: Experts

GAIL's 10 MW green hydrogen plant in Madhya Pradesh inaugurated

Sebi moots relaxation in valuation norms for alternative investment fund

India in trade deficit with nine of top 10 trading partners in 2023-24

India's forex reserves rise to an all time high for week ending on May 17; up by $4.54 bn to $648.7 bn

Tata motors: JLR plans to start making flagship Range Rover model in India

Jio Financial plans Rs 36,000 cr deal with Reliance Retail

Hero Realty Pvt Ltd appoints Mr. Madhur Gupta as CEO

NCLAT defers hearing on Google's Play Store billing policy to July 5

Saudi Arabia plans Aramco share sale as soon as June, sources say

Wheat procurement crosses last year's figure, comfortable to meet demand: Food ministry

India data center boom to drive 10 million sq ft realty demand by 2026


*Mint :*

India's crude oil imports soar 7% YoY in April, net import bill hits $12 bn-mark

Travel firms, hotels see a demand surge on pilgrimage circuit

Google to buy minority stake in Flipkart in fresh funding round

NP Singh to step down as MD & CEO of Sony Pictures Networks India

BharatPe, PhonePe settle long-standing trademark dispute over 'Pe' suffix

US-based Pienza Ventures to offer accelerator initiative for Indian B2B startups

Nvidia cuts China prices in Huawei chip fight, sources say

DoT directs telcos to act against international scam callers

HPE's Communications Technology Group to transition to HCLTech in strategic deal

Elon Musk's SpaceX mulls $200 Billion valuation in talks for share sale: Report

Market Cap of NSE-listed companies surges to $5 trn from $4 trn in just 6 months

SEC widens accessibility of crypto investing with approval of ETFs for ether

Investors of CIG Realty Fund move SAT against trustees for ‘breach of trust’
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

@AlliesFin

Ramesh Damani's Advice to
New Investors

1) Understanding the power to compounding early in the life is very important.

2) It is very important to have independent thinking with integrity.

3) One should have their own thought process.

4) Make investment decision based on your own investment decision.

5) Making money is more enjoyable than actually spending it.

6) One should maintain individual frugality.

7) You don’t need a 180 I.Q. in the stock market, it is fine to have I.Q. of 110-120. (Warren Buffett)

8) People try to be super smart, time the market & stumble along the way. You should approach it the right way.

9) The market values Integrity, Intellectual independence & Patience.

10) Too clever by half people lose more than what they bargain for, by trying to be very smart.

11) The market is graveyard, with tombstones of people who failed.

12) The successful people are those who buy good business & keep them.

13) It is not a place to get rich quick – one in a million might do it.

14) Market is a place to create long – term wealth. Legends are told of how successful one has become so soon, but that’s not true. We all grind it out for years.

Source: Masterclass with Super-Investors via T.me/AlliesFin
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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Adani Port to be included in Sensex & Wipro to be excluded from June-24
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

India Daybook Stocks in News


*SML Isuzu:* Net profit at Rs 52 cr vs Rs 27 cr, Revenue at Rs 680 cr vs Rs 583 cr. (YoY) (Positive)

*JK Lakshmi Cement:* Net profit at Rs 162.1 cr vs Rs 114.8 cr, Revenue at Rs 1780 cr vs Rs 1862 cr. (YoY) (Positive)

*Honasa Consumer:* Net profit at Rs 30 cr vs loss of Rs 162 cr, Revenue at Rs 471 cr vs Rs 388 cr. (YoY) (Positive)

*Sandhar Tech:* Net profit at Rs 35.9 cr vs Rs 24.7 cr, Revenue at Rs 918 cr vs Rs 765 cr. (YoY) (Positive)

*ICRA:* Net profit at Rs 47.0 cr vs of Rs 38.4 cr, Revenue at Rs 124.0 cr vs Rs 109.0 cr. (YoY) (Positive)

*Bikaji:* Net profit at Rs 116.0 cr vs of Rs 38.0 cr, Revenue at Rs 521.0 cr vs Rs 462.0 cr. (YoY) (Positive)

*Fortis:* Net profit at Rs 179.0 cr vs of Rs 133.0 cr, Revenue at Rs 1786.0 cr vs Rs 1643.0 cr. (YoY) (Positive)

*Shilpa Med:* Net profit at Rs 24.5 cr vs loss Rs 8.1 cr, Revenue at Rs 292 cr vs Rs 264 cr. (YoY) (Positive)

*Johnson Control:* Net profit at Rs 48.8 cr vs loss Rs 1.0 cr, Revenue at Rs 771 cr vs Rs 548 cr. (YoY) (Positive)

*HCL Tech:* Company said it will acquire certain assets of Hewlett Packard Enterprise's Communications Technology Group (CTG) for $225 million, about Rs 1,874 crore (Positive)

*Zaggle:* Net profit at Rs 19.2 cr vs Rs 7.6 cr, Revenue at Rs 272 cr vs Rs 187 cr. (YoY) (Positive)

*Indo Tech:* Net profit at Rs 25.7 cr vs Rs 19.4 cr, Revenue at Rs 175 cr vs Rs 147 cr. (YoY) (Positive)

*Disa India:* Net profit at Rs 13.1 cr vs Rs 10.0 cr, Revenue at Rs 96.4 cr vs Rs 76.3 cr. (YoY) (Positive)

*Sharda Motors:* Net profit at Rs 88.3 cr vs Rs 62.1 cr, Revenue at Rs 703 cr vs Rs 688 cr. (YoY) (Positive)

*Senco Gold:* Net profit at Rs 32.2 cr vs Rs 26.0 cr, Revenue at Rs 1137 cr vs Rs 814 cr. (YoY) (Positive)

*Barbeque Nation:* Net loss at Rs 0.04 cr vs loss Rs 11.8 cr, Revenue at Rs 298 cr vs Rs 280 cr. (YoY). (Positive)

*Delhivery:* Company partners with SUGAR Cosmetics to spearhead its pan-India B2B distribution (Positive)

*Godrej Properties:* Company achieves record sales of over Rs 2,000 crore in Noida project, selling 650 flats. (Positive)

*UPL:* Company signs joint venture agreement with Aarti Industries for manufacturing and marketing of specialty chemicals that has applications in multiple downstream industries (Positive)

*Uno Minda:* Company says post expansion, capacity of 2w alloy wheel will get enhanced to 7.5 to 8 MN wheels per annum. (Positive)

*Shakti Pumps:* Company has received 14th patent for Method and Apparatus for Soft Start, Soft Stop, Protection and Brown Out Operation of a Grid Connected Motor from the Patent Office, Government of India. (Positive)

*Tech Mahindra:* Company with Fuji TV join forces to create global content. (Positive)

*Navin Fluorine:* Company unit executed five year material supply agreement for supply of a fluoro intermediate for novel agrochemical product, investment required at 150m rupees (Positive)

*Vodafone Idea:* Company says in talks with Ericsson, others for 5G network gears (Positive)

*ITC:* Company seeks shareholders’ approval on June 6 for hotels business demerger (Positive)

*Sun Pharma:* Company’s shareholders approve merger agreement with Taro Pharma (Positive)

*Concord Biotech:* Net profit at Rs 95 cr vs Rs 91 cr, Revenue at Rs 319 cr vs Rs 273 cr. (YoY) (Neutral)

*TD Power:* Net profit at Rs 29 cr vs Rs 35 cr, Revenue at Rs 264 cr vs Rs 250 cr. (YoY) (Neutral)

*Asian Granito:* Net loss at Rs 5.56 cr vs Rs 48.17 cr, Revenue at Rs 424 cr vs Rs 456 cr. (YoY) (Neutral)

*Finolex Cables:* Net profit at Rs 186 cr vs Rs 175 cr, Revenue at Rs 1401 cr vs Rs 1224 cr. (YoY) (Neutral)

*Rupa:* Net profit at Rs 24 cr vs Rs 18.8 cr, Revenue at Rs 405 cr vs Rs 412 cr. (YoY) (Neutral)

*IndiGo:* Net profit at Rs 1895 cr vs Rs 916 cr, Revenue at Rs 17,825 cr vs Rs 14,160 cr. (YoY) (Neutral)

*Barbeque Nation:* Net loss at Rs 0.04 cr vs loss Rs 11.8 cr, Revenue at Rs 298 cr vs Rs 280 cr. (YoY). (Neutral)

*Schneider Electric:* Net profit at Rs 3 cr vs Rs 45 cr, Revenue at Rs 472 cr vs Rs 411 cr. (YoY) (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 :*

IndiGo Q4 results: Net profit zooms 106% to Rs 1,895 crore, revenue up 26%

India to get rating support if it uses RBI dividend to reduce deficit: S&P

Ind-Ra expects stable operating performance for most infra projects in FY25

RBI's surplus transfer sparks hope for reduced govt borrowing by Rs 1 trn

IndiGo to introduce business class in flights on busiest routes this year

Flash composite PMI up at 61.7 in May, job creation strongest in 18 years

Road transport fleet operators revenue to grow at 9-11% in FY25: CRISIL

Sebi proposes to include Green Credit Program under BRSR framework

Delhivery partners SUGAR Cosmetics for pan-India B2B logistic operations

Tesla breaks ground on Megapack energy storage battery factory in Shanghai

Emcure, Gennova settle legal dispute with US-based HDT Bio, sign agreement

India's use of crude tankers to export diesel to European Mkts slows in May


*Economic Times :*

ITC to seek shareholder approval on June 6 for hotels biz demerger

Domestic travel, tourism sector ready to capitalise on upcycle: IHCL MD Puneet Chhatwal

Technology-enabled professional services firm Sikich Secures $250 Million minority growth investment from Bain Capital

Govts, tech firms vow to cooperate against AI risks at Seoul summit

India needs lower tax on recruitment services to boost jobs, says industry body

Hiring for new roles to take 27 pc efforts of HR professionals in FY25: Report

Pre-owned car market expected to touch 1.09 cr units by FY28: Report

Household income, employment outlook returns to pre-pandemic levels

Sterlite Power gets stakeholders' nod to demerge transmission biz

NHAI's infra trust got $217.13 mn in FY24 from Canada Pension Plan Investment Board

Govt plans big scale radiation processing of onions to prevent shortages


*Mint :*

India's peak demand hits 235 GW, power generation up 10% in April

Google begins production of Pixel 8 in India with Dixon Technologies: Report

ICICI Lombard gets GST show-cause notice worth ₹288 crore

Starbucks India revenue up 12% in FY24, loss widens to ₹81 crore

Mamaearth parent, Honasa Consumer, posts highest quarterly profit of ₹30.4 cr

Insurers to reveal number of insurance claims pending and disposed of: IRDAI

Emkay projects Brent oil price range at $83 to $92 per barrel in short term

IMF warns France to cut debt load, sees higher deficit

Merger talks between NSE, BSE offshore arms called off

Apis Growth, Madison Capital sell stake in Star Health via block deal

Google to tieup with Foxconn to set up plant in TN to manufacture Pixel phones
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 23-05-2024 :

T.me/AlliesFin

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

*TOTAL NET BUY : -37538*

*INDEX FUT. : +7216*

*INDEX OPT. : -55248*

*STOCK FUT. : +9550*

*STOCK OPT. : +943*

SEC. IN F&O BAN FOR, 24 MAY, 2024 :

*1. ABCAPITAL 2. BALRAMCHIN 3. BANDHANBNK 4. IEX 5. METROPOLIS 6. HINDCOPPER 7. NATIONALUM 8. INDIACEM 9. PEL 10 . PNB 11. ZEEL*

*ADDITION : NIL*
*DELETION : BIOCON, IDEA*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 23-MAY-2024 :*

*FIIS : BUY +4,671 (19,821-15,150)*

*DIIS : BUY +146 (12,439-12,293)*

*BSE SENSEX : +1197 (75,418)*

*NSE NIFTY : +370 (22,968)*

*BSE MIDCAP. : +249 (43,419)*

*BSE SMLCAP. : +130 (48,091)*

*B. CRUDE : $ 82.12*

*GOLD: $ 2,342=INR 73,000(10gr)*

*SILVER : RS. 91,000 (kg)*

*FOREX : RS. $ 83.31 (CLOSE)*

*7.10% GOI '34 : 6.9919% (100.75)(CLOSE)*

*7.18% GOI '33: 7.0371%(100.9425)(CLOSE)*

*7.18% GOI '37: 7.0704% (100.9150)(CLOSE)*
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Nifty new high 22800

ANUMODNA
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Breaking, Awaaz excl :BSE calls off merger of BSE’s exchange in India INX with NSE’s NSE International Exchange (NSE IX) in IFSC Gift city.

BSE INX will continue to compete with NSE IX

NSE declined to comment
Reply awaited from BSE
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

BSE-listed companies' market cap reaches $5 trillion for the first time.

May 21, 2024: $5 trillion

Nov 29, 2023: $4 trillion

May 24, 2021: $3 trillion

July 10, 2017: $2 trillion

May 2007: $1 trillion
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

Bharat India Daybook Stocks in News

T.me/AlliesFin

Dollar Ind: Net profit at Rs 33.6 cr vs Rs 0.5 cr, Revenue at Rs 500 cr vs Rs 406 cr. (YoY) (Positive)

GE T&D: Net profit at Rs 66 cr vs poll of Rs 51.8 cr, Revenue at Rs 914 cr vs poll of Rs 860 cr. (Positive)

Eris Life: Net profit at Rs 80 cr vs Rs 61 cr , Revenue at Rs 551 cr vs Rs 403 cr. (YoY) (Positive)

Godawari Power: Net profit at Rs 84.4 cr vs Rs 74.9 cr, Revenue at Rs 1301 cr vs Rs 1174 cr. (YoY) (Positive)

Fiem Ind: Net profit at Rs 46 cr vs Rs 38 cr, Revenue at Rs 558 cr vs Rs 436 cr. (YoY) (Positive)

JK Tyre: Net profit at Rs 169 cr vs Rs 61 cr (YoY) , Revenue at Rs 3698 cr vs Rs 3632 cr. (YoY) (Positive)

Hindustan Foods: Net profit at Rs 23 cr vs Rs 20 cr (YoY) , Revenue at Rs 731 cr vs Rs 660 cr. (YoY) (Positive)

Action Construction: Net profit at Rs 98.45 cr vs Rs 47.15 cr, Revenue at Rs 836 cr vs Rs 614 cr (YoY) (Positive)

Metropolis: Net profit at Rs 36.5 cr vs Rs 33.5 cr, Revenue at Rs 331 cr vs Rs 283 cr. (YoY) (Positive)

Hitachi Energy: Net profit at Rs 114.0 cr vs Rs 50.8 cr, Revenue at Rs 1695 cr vs Rs 1334 cr. (YoY) (Positive)

Morepan: Net profit at Rs 28.3 cr vs Rs 8.2 cr, Revenue at Rs 423 cr vs Rs 364 cr. (YoY) (Positive)

Laxmi Organics: Net profit at Rs 44 cr vs Rs 27 cr, Revenue at Rs 792 cr vs Rs 694 cr. (YoY) (Positive)

PI Ind: Net profit at ₹369.5 cr vs ₹280.6 cr, Revenue at ₹1,741 cr vs ₹1,565.6 cr (YoY) (Positive)

Gulf Oil: Net profit up 38.74% at ₹86.2 cr vs ₹62.2 cr, Revenue up 9.8% at ₹869.6 cr vs ₹792 cr (YoY) (Positive)

Sheela Foam: Net profit up 49.5% at ₹64.6 cr vs ₹43.2 cr Revenue up 16% at ₹845.2 cr vs ₹729 cr (YoY) (Positive)

Greenply: Net profit at Rs 28.4 cr vs Rs 11.1 cr, Revenue at Rs 600.0 cr vs Rs 427 cr. (YoY) (Positive)

PNC Infratech: Company declared L1 for two EPC road projects worth ₹4,994 crore of Maharashtra State Road Development Corporation (Positive)

GR Infraprojects: Company emerges L1 bidder for two projects worth ₹4,346 crore of Maharashtra State Road Development Corporation Limited (Positive)

ONGC: Company says co aims to produce 47 million tonnes of oil equivalent in 3 Years (Positive)

Dr Reddy: Company unit in license pact for Alvotech's Denosumab rights in US (Positive)

Suyog: Company signs 15-year pact with BSNL for roll-out of sites across India (Positive)

Ease My Trip: Company signs a Letter of Intent to join with the ONDC. (Positive)

Man Industries: Company gets new export orders worth Rs 505 crore (Positive)

Ajooni Biotech: Company opens its rights issue with aim to raise Rs 43.81 crore from existing shareholders. (Positive)

Shriram Properties: Company entered a Joint Development Agreement for a 4-acre land parcel in Yelahanka (Positive)

Biocon: Company receives approval from U.S. FDA for a drug used to treat different types of eye disorders. (Positive)

TVS Motor: Company launches TVS iQube electric scooter in Sri Lanka (Positive)

Max Life Insurance: Company plans to hire 30,000 agents and open 50 to 100 new offices in FY25 to drive premium growth. (Positive)

Lupin: Company enters into a settlement agmt with Health Care Service w.r.t diabetes drug Glumetza case, to pay $9 m to Health Care Service as part of the settlement (Positive)

Indoco Remedies: Company gets U.S. FDA final ANDA approval for Pregabalin capsules. (Positive)

Vedanta: Company says suspension of mining ops at iron ore mine revoked (Positive)

Royal Orchid Hotels: Company to open 5-star resort in Kevadia, Gujarat (Positive)

Gulshan Poly: Net profit at Rs 6.57 cr vs Rs 14.27 cr, Revenue at Rs 406 cr vs Rs 302 cr (YoY) (Neutral)

Welspun Ent: Net profit at Rs 85 cr vs Rs 157 cr, Revenue at Rs 821 cr vs Rs 845 cr (YoY) (Neutral)

*VA Tech: Net profit at Rs 78 cr vs loss of Rs 112 cr, Revenue at Rs 934 cr vs Rs 927 cr (YoY) (Neutral)

BHEL: Net profit at Rs 484 cr vs Rs 645 cr, Revenue at Rs 8260 cr vs Rs 8227 cr. (YoY) (Neutral)

Ircon: Net profit at Rs 247 cr vs Rs 257 cr, Revenue at Rs 3743 cr vs Rs 3781 cr. (YoY) (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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News Headlines from Business News Agencies:

Business Standard

India's crude oil import bill soars as Russian discount halves since Feb
TotalEnergies moves ahead on $6 billion Kaminho oil project near Angola
KKR acquires minority stake in Healthcare BPO firm Infinx for Rs 1,250 cr
Sobha Group to soon enter Mumbai luxury housing market, says founder Menon
Minimising dependence on imports part of our strategy: A M Int'l chief
Govt needs to expand PLI scheme to make India 'global drone hub': Report
PVR Inox's food and beverage revenue outpaced ticket sale in FY24
RBI bought net $13.25 bn in spot forex market in March, shows bulletin
Rajasthan govt to expedite auction of minor and major mine blocks
Muthoot FinCorp records highest-ever loan disbursement at Rs 61,703 cr
IREDA to issue FPO this financial year to support its growing size

Economic Times

Tata Power-DDL, India Smart Grid Forum tie up for vehicle-to-grid technology demo project
Extreme deprivation, once synonymous with India, is set to become extinct: RBI
India’s $6 trillion derivatives frenzy has government worried
Apple fights €1.8 billion EU antitrust fine for curbs on Spotify
Household savings likely revived in FY24: Crisil
Vodafone Idea approves Rs 2,075 crore preferential allotment to AB Group
JPMorgan says every new hire will get training for AI
India's global travel & tourism index rank up at 39th: WEF index
Sebi changes rule to determine m-cap of listed firms; 6-month average to be used now
Shriram Properties signs JDA for a 4-acre land in Bengaluru
V-Mart expects to grow 18-19% this year, says Lalit Agarwal
CapitaLand Investment appoints Sumit Gera as CEO- India Business Park
Orb Energy launches its first 35 MW ground-mounted solar park in Karnataka

Mint

BHEL Q4 Results: Net profit drops 25% to ₹489 crore
India's GDP growth expected to moderate to 6.7% in Q4, says ICRA
Trent speeds up Zudio expansion, adds over 200 stores last fiscal
Tesla shareholder group calls for vote against Musk pay package
Bengaluru airport scraps plan to charge for vehicle entry at terminals
Govt plans new quality standards for textiles used in building work
JSW Cement to invest ₹3,000 crore for a new cement facility in Rajasthan
Crude oil prices extend decline despite geopolitical tensions
India's electronics, pharma, engineering goods exports beat trade slowdown
Man Industries gets export orders worth about ₹505 crore for pipes
Indian banks' Q4FY24 earnings show significant growth, surpassing ₹3 lakh crore in total net profit
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INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 21-05-2024 :



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

*TOTAL NET SELL : -25982*

*INDEX FUT. : +2015*

*INDEX OPT. : -30531*

*STOCK FUT. : +1503*

*STOCK OPT. : +1031*

*SEC. IN F&O BAN FOR, 22 MAY, 2024 :*

*1. ABCAPITAL 2. BALRAMCHIN 3. BANDHANBNK 4. BIOCON 5. IEX 6. GMRINFRA 7. GRANULES 8. NATIONALUM 9. IDEA 10. INDIACEM 11. PEL 12 . PNB 13. ZEEL*

*ADDITION : NATIONALUM, IEX, PNB*
*DELETION : BSOFT, SAIL, HINDCOPPER*

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

*FIIS : SELL -1,874 (17,681-19,555)*

*DIIS : BUY +3,549 (16,104-12,555)*

*BSE SENSEX : -52 (73,953)*

*NSE NIFTY : +27 (22,529)*

*BSE MIDCAP. : +144 (43,192)*

*BSE SMLCAP. : -86 (47,873)*

*B. CRUDE : $ 82.68*

*GOLD: $ 2,430=INR 75,330(10gr)*

*SILVER : RS. 92,475 (kg)*

*FOREX : RS. $ 83.31 *

*7.10% NEW GOI '34 : 7.0351% (100.4450)*

*7.18% GOI '33: 7.0783%(100.6650)*

*7.18% GOI '37: 7.1145% (100.54)*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

TRADE DONE ON DT.22.05.2024 AND 23.05.2024 PAY IN AND PAY OUT IS ON 24.05.2024

Do not Sell Shares on 23.05.2024 which was Buy on 22.05.2024

Settlement Holiday on 23rd May 2024 due to Buddha Purnima Bank Holiday
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News Headlines from Business News Agencies:

Business Standard

India's tyre capacity sufficient, no need for liberalising imports: ATMA
Serum Institute ships its first set of malaria vaccine doses to Africa
PGIM India Asset Management aims to double AUM to Rs 50,000 cr in 2-3 yrs
AstraZeneca to establish $1.5 billion cancer drug plant in Singapore
Hero MotoCorp and Harley Davidson may bring more US motorcycles to India
Metals, stocks shine amid economic optimism due to slower inflation
Patanjali's 'soan papdi' fails quality test, official and others arrested
India Cements' Q4 results: Loss shrinks to Rs 50.06 cr on improved sales
Optimism in real estate industry stakeholders highest in 10 years: Report
Telcos to snap 1.8 million mobile connections in cybercrime crackdown
Russia is China's top oil supplier for 12th month in April, volumes up 30%

Economic Times

Google invests 1 billion euros in Finnish data centre to drive AI growth
Varthana receives 3 million euros of debt finance from Dutch investor
Investments made in creating plant and machinery to qualify for sops under new EV policy
Microsoft to unveil AI devices and features ahead of developer conference
Japan's Nikkei retakes 39,000 level for first time since mid-April
Jupiter Money launches new savings feature for millennial users
Deutsche Bank lifts S&P 500 year-end target to Street-high of 5,500
Upstox enters insurance distribution business
Apple slashes iPhone prices in China amid fierce Huawei competition
India poised to surpass last year's wheat procurement record
US FDA inspects Vishakhapatnam facility of Solara Active Pharma
China commerce ministry bans some US firms including Boeing from import, export activities

Mint

Neuralink gets FDA nod for second patient, as first describes his journey
Intermittent bouts of volatility not necessarily a bad sign: Axis AMC CIO
Zydus Reports 97% Growth in Net Profit in FY24
Govt cuts T-Bill auction amount by 44% for May, June after tepid outcome of bond buybacks
RVNL gets order worth Rs 148 crore from South Eastern Railway
Chili's American Grill Makes a Grand Entry into the City of Ahmedabad
India to have world's second-largest metro system in two years: Hardeep Puri
China’s EV Makers Taking Longer to Pay Bills Amid Rising Stress
Copper prices top $11,000 a tonne to break March 2022 record
N. Ganapathy Subramaniam ceases to be COO & ED of Tata Consultancy Services
Trident commissions additional capacity of 5.9 MWp rooftop solar power project in Madhya Pradesh.
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https://youtube.com/shorts/pVGlEd0aV1M?si=S2OQlkzpmjGscYMX
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

TWO SETTLMENT ON 21.05.2024 AND ON 24.05.2024

TRADE DONE ON DT.17.05.2024 AND 18.05.2024 ( Saturday Live Trading Session) PAY IN AND PAY OUT IS ON 21.05.2024

Do not Sell Shares on 18.05.2024 which was Buy on 17.05.2024

TRADE DONE ON DT.22.05.2024 AND 23.05.2024 PAY IN AND PAY OUT IS ON 24.05.2024

Do not Sell Shares on 23.05.2024 which was Buy on 22.05.2024


Settlement Holiday on 20th May 2024 due to Parliamentary Elections


Settlement Holiday on 23rd May 2024 due to Buddha Purnima Bank Holiday
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INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 16-05-2024 :

T.me/AlliesFin

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

*TOTAL NET BUY : +8926*

*INDEX FUT. : -740*

*INDEX OPT. : +12696*

*STOCK FUT. : -2673*

*STOCK OPT. : -355*

*SEC. IN F&O BAN FOR, 17 MAY, 2024 :*

*1. BALRAMCHIN 2. BIOCON 3. BSOFT 4. GRANULES 5. GMRINFRA 6. HINDCOPPER 7. IDEA 8. PEL 9. SAIL 10. ZEEL 11. INDIACEM 12. BANDHANBNK*

*ADDITION : BANDHANBNK*
*DELETION : LICHSGFIN*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-MAY-2024 :*

*FIIS : SELL -776*

*DIIS : BUY +2,128*

*BSE SENSEX : +677 (73,664)*

*NSE NIFTY : +203 (22,404)*

*BSE MIDCAP. : +448 (42,342)*

*BSE SMLCAP. : +396 (46,940)*

*B. CRUDE : $ 83.25*

*GOLD: $ 2,376=INR 73,700(10gr)*

*SILVER : RS. 86,000 (kg)(5pm)*

*FOREX : RS. $ 83.50 *

*7.10% NEW GOI '34 : 7.0318% (100.47)*

*7.18% GOI '33: 7.0758%(100.6825)*

*7.18% GOI '37: 7.1133% (100.55)*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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The Dow Jones Industrial Average has hit 40,000 for the first time in history.
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Jio deposits Rs 3,000-crore earnest money for spectrum auction, Airtel Rs 1,050 crore

https://www.moneycontrol.com/news/telecom/jio-deposits-highest-rs-3000-crore-earnest-money-for-spectrum-auction-12724147.html
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 16-05-2024 :

@AlliesFin

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

*TOTAL NET SELL : -38599*

*INDEX FUT. : -1967*

*INDEX OPT. : -33118*

*STOCK FUT. : -2792*

*STOCK OPT. : -721*

SEC. IN F&O BAN FOR, 16 MAY, 2024 :

*1. BALRAMCHIN 2. BIOCON 3. BSOFT 4. GRANULES 5. GMRINFRA 6. HINDCOPPER 7. IDEA 8. PEL 9. SAIL 10. ZEEL 11. INDIACEM 12. LICHSGFIN*

*ADDITION : BIOCON, INDIACEM, LICHSGFIN*
*DELETION : CANBK*

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

*FIIS : SELL -2,833 (11,412-14,245)*

*DIIS : BUY +3,788 (12,915-9,127)*

*BSE SENSEX : -117 (72,987)*

*NSE NIFTY : -17 (22,201)*

*BSE MIDCAP. : +250 (41,894)*

*BSE SMLCAP. : +442 (46,544)*

*B. CRUDE : $ 81.23*

*GOLD: $ 2,363=INR 73,000(10gr)*

*SILVER : RS. 85,500 (kg)(5pm)*

*FOREX : RS. $ 83.49 *

*7.10% NEW GOI '34 : 7.0364% (100.4375)*

*7.18% GOI '33: 7.0821%(100.64)*

*7.18% GOI '37: 7.1198% (100.4950)*
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BSE Introduces Market Maker Framework for Stock Derivatives – positive


· The stock exchange will introduce a market maker framework for single stock futures and options contracts with effect from Monday, July 1, 2024

· Market making to be allowed initially for derivatives of 56 stocks, including Reliance Industries, Adani Enterprises and ICICI Bank

· * NOTE: The move is a bid to improve price discovery and liquidity in individual stock derivatives in India, which lag behind derivative contracts for indexes
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Bharat India Daybook Stocks in News


*Siemens:* Net profit at Rs 803 cr vs poll Rs 548 cr, Revenue at Rs 5750 cr vs poll of Rs 5566 cr (Positive)

*Kirlos Bros:* Net profit at ₹142.7 cr vs ₹90.7 cr (YoY), Revenue 9% at ₹1,224 cr vs ₹1,124 cr (YoY) (Positive)

*Radico:* Net Profit at Rs 54 cr Vs Rs 43 cr, Revenue at Rs 1079 cr vs Rs 832 cr (YoY) (Positive)

*Thyrocare:* Net Profit at Rs 17.2 cr Vs Rs 12.5 cr, Revenue at Rs 154 cr vs Rs 136 cr (YoY) (Positive)

*Bharti Hexa:* Net Profit at Rs 223 cr Vs Rs 202 cr, Revenue at Rs 1868 cr vs Rs 1733 cr (YoY) (Positive)

*Oberoi:* Net Profit at Rs 788 cr Vs Rs 480 cr, Revenue at Rs 1315 cr vs Rs 961 cr (YoY) (Positive)

*Safari:* Net Profit at Rs 43.2 cr Vs Rs 38.0 cr, Revenue at Rs 365 cr vs Rs 303 cr (YoY) (Positive)

*Repco Home:* Net Profit at Rs 113.7 cr Vs Rs 84.0 cr, NII at Rs 163 cr vs Rs 147 cr (YoY) (Positive)

*Shree Cement:* Net Profit at ₹ 661.8 cr vs poll ₹ 608 cr, Revenue at ₹5,101 cr vs poll ₹ 4,945 cr (Positive)

*Colgate:* Net profit at Rs 379.8 cr vs poll of Rs 365 cr, Revenue at Rs 1,490 cr vs poll of Rs 1,486 cr (Positive)

*Apar Industries:* Company has recommended a Final dividend of Rs.51 per share (Positive)

*Infosys:* Company in multi-year pact with UAE's First Abu Dhabi Bank to optimize and modernize IT infra (Positive)

*Shyam Metaliks:* Approved CAPEX of RS 700cr for production of flat rolled aluminum products (Positive)

*RBL Bank:*Company receives RBI's approval for Quant Money Managers Ltd acquisition (Positive)

*IndiGo:*Company plans to expand regional network with order of 100 smaller planes (Positive)

*Shilpa Med:* Clinical trial completed of liver disease treatment drug (Positive)

*Aurionpro:* Approved Issue of Bonus Shares in the ratio of 1: 1 (Positive)

*Bharti Airtel:* Net Profit at Rs 2068 crore versus poll of Rs 2050 crore, Revenues at Rs 37599.0 crore versus poll of Rs 38315 crore (Neutral)

*AIA Engg:* Net profit at ₹260.5 cr vs ₹268.2 cr (YoY), Revenue at ₹1,150 cr vs ₹1,274 cr (YoY) (Neutral)

*CE Info:* Net profit at Rs 38 cr vs Rs 31 cr, Revenue at Rs 107.0 cr vs Rs 92.0 cr (Neutral)

*Jubilant Ingre:* Net profit at Rs 29 cr vs Rs 39 cr, Revenue at Rs 1074.0 cr vs Rs 966.0 cr (Neutral)

*BLS INTL:* Net profit at ₹85.45 cr vs ₹76.73 cr, Revenue at ₹448 cr vs ₹449 cr (YoY) (Neutral)

*Shyam Metalics:* Net profit at ₹220. Cr vs ₹254.2 cr, Revenue at ₹3,606 cr vs ₹3,428 cr (YoY) (Neutral)

*Nilkamal:* Net profit at ₹36 cr vs ₹48 cr, Revenue at ₹834 cr vs ₹829 cr (QoQ) (Neutral)

*Surya Roshni:* Net profit at ₹103.9 cr vs ₹155.5 cr, Revenue at ₹2,080 cr vs ₹2,151 cr (YoY) (Neutral)

*Patanjali:* Net profit at ₹206.3 cr vs ₹263.7 cr, Revenue at ₹8222 cr vs ₹7873 cr (YoY) (Neutral)

*Apollo Tyres:*Net profit at ₹354 cr vs ₹410.3 cr, Revenue at ₹6,258 cr vs ₹6,247.3 cr (YoY) (Neutral)

*Andhra Paper:*Company approves splitting each share into 5 (Neutral)

*M&M:* Mahindra Holdings to sell its 30.84% stake in New Delhi Centre For Sight for Rs 425.4 crore to Space Investments, Defati Investments & Infinity Partners (Neutral)

*Siemens India:*Company announces capex of over Rs 1,000 crore for expansion of operations. (Neutral)

*Big Bloc Construction:* Company announces temporary shutdown of Umargam plant for 45-60 days (Neutral)

*Cipla:* Promoter Group looking to sell upto 2.53% stake in Cipla via block deal, offer size at ₹2,637 cr (Neutral)

*IOL CP:* Net profit at Rs 27.6 cr vs Rs 64.8 cr, Revenue at Rs 504 cr vs Rs 587 cr (YoY)

*Butterfly:* Net loss at Rs 19.8 cr vs Rs 1.6 cr, Revenue at Rs 166 cr vs Rs 187 cr (YoY)

*Dalmia Sugar:* Net profit at Rs 91.0 cr vs Rs 125.0 cr, Revenue at Rs 750 cr vs Rs 1149 cr (YoY)

*Speciality:* Net profit at Rs 3 cr vs Rs 56 cr, Revenue at Rs 96 cr vs Rs 88 cr (YoY)

*VMart:* Net loss at Rs 39 cr vs Rs 37 cr, Revenue at Rs 669 cr vs Rs 594 cr (YoY)

*DCM Nouvelle:* A fire at one of the cotton warehouses of the Company at Hisar Plant
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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*News Headlines from Business News Agencies :*

*Business Standard :*

IndiGo plans to expand regional network with order of 100 smaller planes

Food inflation likely to remain cause for concern due to heatwave: ICRA

Cipla: Timely new launches, India outperformance key for margin gains

Spike in food & fuel prices push WPI inflation to 13-month high in April

Macrotech Developers to invest Rs 3,500-4,000 cr to acquire land parcels

Indian banking industry increases their cyber insurance cover in FY24

India's smartphone market up 11.5%; Apple rules the super-premium segment

BASF India Q4 result: PAT up 15% at Rs 161 cr, total income at Rs 3,384 cr

Palm oil imports jump 34% to 684,000 tonnes in April on lower global prices

Q4 results: PVR Inox reports Rs 130 crore net loss on weak demand

Ikea announces Gurugram warehouse deal to boost Delhi-NCR deliveries

*Economic Times :*

Tata AIG General Insurance partners Aurm for its vault services

Siemens board approves demerger of energy biz into a separate listed entity

AirBrick Infra aims for a 200% growth in Sales Order Book for FY25

PVR Inox inks pact with Devyani International for development and operation of food courts in India

Quant MF gets RBI nod to hike stake in RBL Bank

Tata Mutual Fund merges banking & PSU debt fund with corporate bond fund

FanCode gets exclusive rights to broadcast PGA Championships

Razorpay revamps health insurance policy, provides coverage for vital medical treatments

Hygiene brand Pee Safe launches chatbot to increase awareness and help shoppers

Hindustan Zinc, Jindal Power, JK Cement in race with others for two gold mines in Rajasthan

Amazon pumps Rs 1,660 crore into India marketplace entity

WhiteOak Capital Mutual Fund launches special opportunities fund


*Mint :*

Bharti Airtel Q4 results: Net profit declines 31% to ₹2,072 cr

Bharti Hexacom Q4 results reports 10% YoY PAT jump to Rs 223 crore

SIEMENS Q4 Result: Net profit at 802 crore, EBITDA margin at 15.3%

Royal India Corporation Limited (RICL) Unveils INR 99 Crore Preferential Issue

London’s Pantheon Ventures to ramp up investments in India

Allied Blenders and Distillers Limited gets SEBI nod for ₹1,500 crore IPO

China’s clean-tech subsidies are good for the planet we inhabit

Walmart to lay off hundreds of corporate staff and relocate others, says report

Novelis plans $1.2bn worth US IPO by June, looking at $18bn valuation

China warns new US tariffs to ‘severely’ impact relations: Report

ChrysCapital invests $100 million in eyecare chain Centre for Sight
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INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 14-05-2024 :

T.me/AlliesFin

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

*TOTAL NET SELL : -15994*

*INDEX FUT. : -2363*

*INDEX OPT. : -12903*

*STOCK FUT. : -1168*

*STOCK OPT. : +442*

*SEC. IN F&O BAN FOR, 15 MAY, 2024 :*

*1. BALRAMCHIN 2. BSOFT 3. CANBK 4. GMRINFRA 5. HINDCOPPER 6. IDEA 7. PEL 8. SAIL 9. ZEEL*

*ADDITION : BSOFT*
*DELETION : PNB*

INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 14-MAY-2024 :

*FIIS : SELL -4,065 (9,988-14,054)*

*DIIS : BUY +3,528 (11,455-7,927)*

*BSE SENSEX : +328 (73,104)*

*NSE NIFTY : +114 (22,218)*

*BSE MIDCAP. : +467 (41,644)*

*BSE SMLCAP. : +809 (46,102)*

*B. CRUDE : $ 82.34*

*GOLD: $ 2,350=INR 72,600(10gr)*

*SILVER : RS. 85,000 (kg)(5pm)*

*FOREX : RS. $ 83.51 *

*7.10% NEW GOI '34 : 7.0588% (100.28)*

*7.18% GOI '33: 7.1067%(100.4750)*

*7.18% GOI '37: 7.1433% (100.2950)*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

14/5/2024
BSE:+328(73104)
NSE:+113(22217)
MID:+467(41644)
SML:+808(46102)
FII|FPI:-4065Cr
DII:+3527Cr
B.Crude: 83
Gold$:2348=INR: 72107
Silver: 85341
$/Rs: 83.51
7.18 : 2033 G-Sec: 7.10
NSE PE: 21.19

*SEC. IN F&O BAN FOR, 15 MAY, 2024 :*

*1. BALRAMCHIN 2. BSOFT 3. CANBK 4. GMRINFRA 5. HINDCOPPER 6. IDEA 7. PEL 8. SAIL 9. ZEEL*

*ADDITION : BSOFT*
*DELETION : PNB*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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*SIEMENS Q4* : *Siemens Limited Board approves demerger of Energy Business* into a separate listed legal entity; Share Entitlement Ratio fixed at 1:1

Creation of two strong, independent entities able to better address respective markets and customers with a more focused approach

Move will unlock value of both businesses for shareholders

Siemens energy is 34% of revenue
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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Today's Headlines :


Economic Times :

Edelweiss, Phoenix among ARCs vying for IOB's Rs 13,472-crore NPAs

China overtakes US to become India’s top trading partner in FY24

Piramal Group arm invests Rs 600 crore in microlender Annapurna Finance

DLF to launch 11 million sq ft with revenue potential of Rs 36,000 crore in FY25

Nayara Energy to set up two ethanol plants for ₹600 crore

UPL to file DRHP shortly for raising up to $500 million

Aditya Birla Capital Q4 Results: Net profit doubles to Rs 1,245 crore

EPFO extends auto claim settlement facility to education, marriage and housing advance

Exim posts 62% rise in profits, to raise over Rs 60,000 crore from local markets this year

India's retail inflation eases marginally to 11-month low of 4.83 per cent in April

Warburg Pincus brings home Shriram Housing Finance co with Rs 4,630 cr buyout

Business Standard :

TCS announces creation of Global AI Center of Excellence in Paris

Karur Vysya Bank Q4 results: Net profit rises 35% to Rs 456 crore

Zomato Q4 result: PAT Rs 175cr; fourth consecutive quarter of profit

Murugappa Group to foray into e-SCV, plans to invest Rs 3,000 crore on EVs

Realty firm Shapoorji group seeks more time to clear bondholder payments

French BPM major Teleperformance to hire 15,000 people by end of 2025

Zomato seeks approval from shareholders for creation of new ESOP pool

Coromandel increases stake in drone company Dhaksha; to invest Rs 150 crore

Airtel to offer cloud and Gen-AI solutions with Google Cloud in India

Nearly 51 mn person years of employment created annually in last 10 years

India's import from FTA partner nations up 38% in FY24 against FY19

After long wait, India inks Chabahar port's 10-year deal with Iran

Domestically held gold reserve rise by 40% in 5 years, shows RBI data


Financial Express :

Coal imports for blending by domestic power plants down 32% in FY24

Cairn Oil & Gas reserves & resources grows by 19% in FY24

Va Tech Wabag secures repeat order worth $49 million in Nepal

Phoenix to build hotels near Mumbai, Bengaluru

Amplus Solar aims at 2 GW RE capacity by December

Govt may consider lifting curbs on rice exports

India needs Rs 4.2 trillion investment for broadband push


Mint :

IMF staff, Argentina agree loan review to help unlock $800 million

Vedanta looks to raise funds through issue of equity shares or FPO on May 16

Melinda French Gates Exits Foundation With $12.5 Billion

INOX India Q4 results: Net profit jumps 44% YoY to ₹44 crore; revenue up 17%

India’s government debt at safe levels: Nirmala Sitharaman

Govt to complete GIS mapping of entire highway network

Japan's SoftBank swings to quarterly profit, eyes on Arm unit

SIPfund serves Mutual Funds | Home Loans | National Pension Scheme.
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Bharat India Daybook Stocks via News


Piramal Pharma: Net profit at Rs 101.3 cr vs Rs 50.1 cr, Revenue up 18% at Rs 2,552.4 cr vs Rs 2,163.6 cr (YoY) (Positive)

ABB: Net profit at Rs 659 cr vs poll Rs 333 cr, Revenue at Rs 3,080.4 cr vs poll of Rs 2,880 cr (Positive)

NCL Ind: Net Profit at Rs 23.9 cr Vs Rs 9.8 cr, Revenue up 13.8% at Rs 495 cr vs Rs 435 cr (YoY) (Positive)

Kalyan Jewel: Net Profit at Rs 137 cr Vs Rs 70 cr, Revenue at Rs 4535 cr vs Rs 3382 cr (YoY) (Positive)

Thermax: Net Profit at Rs 188 cr Vs Rs 156 cr, Revenue at Rs 2764 cr vs Rs 2311 cr (YoY) (Positive)

DLink: Net Profit at Rs 25.1 cr Vs Rs 20.0 cr, Revenue at Rs 334 cr vs Rs 311 cr (YoY) (Positive)

DBL: Net Profit at Rs 3 cr Vs loss Rs 70 cr, Revenue up Rs 3366 cr vs Rs 2841 cr (YoY) (Positive)

Cholamandalam Financial: Profit up 27% at Rs 1,144 cr, NII up 32.3% at Rs 2614 cr QoQ. (Positive)

BEML: Net profit up 62.8% at ₹256.8 cr vs ₹157.7 cr, Revenue up 9.1% at ₹1,513.7 cr vs ₹1,387.9 cr (YoY) (Positive)

JK Cement: Net profit at ₹219.7 cr vs ₹107.7 cr, Revenue up 11.8% at ₹3,105.8 cr vs ₹2,777.9 cr (YoY) (Positive)

Ami Organics: Q4 Sl Net Profit Rs 32.1 cr Rupees Vs Rs 27.2 cr, Revenue at Rs 220 cr vs Rs 186 cr (YoY) (Positive)

Jupiter life: Profit up 187.4% at Rs 45 cr vs Rs 16 cr. YoY, Revenue up 19.9% at Rs 290 cr vs Rs 242 cr YoY (Positive)

Sharda Cropchem: Profit at Rs 143 cr vs Rs 5 cr. QoQ, Revenue up 107.5% at Rs 1,312 cr vs Rs 632 cr QoQ (Positive)

Dodla Dairy: Company Says Commenced Its Commercial Production at Dodderi Plant (Positive)

Lupin: Company re-launches Mirabegron Extended-Release Tablets in the US after the Court lifted the temporary restraining order (Positive)

Infosys: Company partners with ABB FIA Formula E World Championship as its official digital innovation partner (Positive)

Maruti Suzuki: Company expects over 30% jump in CNG vehicle sales at 6 lakh units in FY25 (Positive)

Railtel: Received work order from Central Warehouse corp worth Rs 51.53cr (Positive)

Power Grid: Wins bid for 2 Inter-State transmission system in Rajasthan (Positive)

HUDCO: Company in pact with SITCO for development of Surat Multi Modal Transportation Hub. (Positive)

Andhra Paper: Company in pact with Sweden-based Valmet AB for supply and commissioning of tissue paper production line (Positive)

Lemon Tree Hotels: Company signs pact for upcoming 60-room hotel in Bareilly, Uttar Pradesh. (Positive)

Zydus Lifesciences: Company gets USFDA approval for Dexamethasone Tablets (Positive)

Flair: Construction work starts for new factory in Valsad (Positive)

Reliance Infra: Arm acquires Utility Powertech (JV with NTPC) for Rs 66cr (Positive)

Aarti Ind: Net profit at Rs 132 cr vs poll of Rs 137 cr, Revenue at Rs 1,773 cr vs poll of Rs 1,886 cr (Neutral)

Eicher Motors: Net profit at Rs 983.3 cr vs poll of Rs 1,019 cr, Revenue at Rs 4,192 cr vs poll of Rs 4,204 cr (Neutral)

ITDC: Net profit at Rs 16.3 cr vs Rs 9.7 cr, Revenue at Rs 148.0 cr vs poll of Rs 154.0 cr (Neutral)

Bank India: Net profit up 7% at Rs 1,439 cr vs Rs 1,350 cr, NII up 7% at Rs 5,937 cr vs Rs 5,523 cr (YoY) (Neutral)

Novartis: Net profit down 41.6% at Rs 14.6 cr vs Rs 25 cr, Revenue up 6.7% at Rs 81.2 cr vs Rs 76.1 cr (YoY) (Neutral)

Finolex Ind: Net Profit at Rs 161 cr Vs Rs 158 cr, Revenue at Rs 1235 cr vs Rs 1140 cr (YoY) (Neutral)

JTL: Net profit at Rs 30 cr vs Rs 37 cr, Revenue at Rs 466 cr vs Rs 473 cr (YoY) (Neutral)

Advance Enzymes: Net Profit Down 11.6% At Rs 28.3 Cr Vs Rs 32 Cr, Revenue Up 13.8% At Rs 157.8 Cr Vs Rs 138.7 Cr (YoY) (Neutral)

Tata Motors: Net profit reported at Rs 17704 crore versus poll of Rs 7376 crore, Revenue reported at Rs 1.2 lakh crore versus poll of Rs 1.2 lakh crore (Neutral)

CCL Products: Net profit at ₹65.2 cr vs ₹85.3 cr, Revenue up 39.7% at ₹727.0 cr vs ₹520 cr (YoY) (Neutral)

Aditya Birla Fashion: Company arm, Clothing Retail, allots shares worth Rs 100 crore to company. (Neutral)

JSW Steel: April crude steel production up 0.4% YoY at 21.21 lakh tonnes, (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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

WHY ARE FIIs SELLING INDIA

T.me/AlliesFin

*QUICK TAKE*: I think FIIs are not selling India because they have a worry on India. Yes, definitely there is a bit of profit booking going on, but more importantly they are selling India because they are selling EM equities in general. We are seeing that India dedicated foreign funds are continuing to get inflows and FIIs are buying primary equities while selling in secondary markets!

1) FIIs are putting in money in primary markets but pulling out of secondary markets: In FY25 TD FIIs have put in $1.7bn in primary markets and taken out $3.6bn from secondary markets. If they were turning -ve on India they would also reduce the participation in primary markets in my view. In this case the secondary market selling is primarily funding the primary market deployment.

2) FIIs are selling EM equities in general, not only India:– FIIs have been sellers in several EM markets, not only India. EM ex-China outflow is ~$8bn in the month of April vs India seeing $1.3bn outflows.

3) FII EM selling more on account of US yields going up: If you look at FII flows into EM equities it is quite linked to what the view on US rates is and understandably so! When yields in US tighten, there is less reason to hunt for better returns in EM markets and we see FII inflow in EM equities come off.

4) *Are FIIs selling India to buy China?* China is seeing buying from FIIs as you can see in the above chart and India is seeing selling. However, I would not say that FIIs are selling India to buy China! Reason for it is that India dedicated FII ETF funds are still seeing inflows (next point). China, Korea and Turkey are the only relatively large EM markets FIIs are buying…they are selling every other EM market. So, I would not take the selling by FIIs in India as an indication of FIIs taking a specific India call…I would take it as an EM issue and India is part of it!

5) *ETF data also indicates no India dedicated selling*: I usually track the foreign ETF data to figure out flow trends because with ETFs you can see daily inflows/outflows. This data shows that India dedicated foreign ETFs like iShares India ETF continue to see inflows! However, EM ETFs are seeing outflows.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

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Maturity is when you know the other person is lying but you just smile and let it go...


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

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

*News Headlines from Business News Agencies:*

*Business Standard*

Indian Overseas Bank clocks Q4 consolidated PAT of Rs 810.42 cr
Escorts Kubota Q4 results: Net profit rises 16.37% to Rs 251.89 crore
Happiest Minds to acquire US-based Aureus Tech Systems for $8.5 million
Govt considers offering incentives for lithium processing: Report
Commercial real estate rents surge 20% in Bengaluru, Pune, NCR, and Mumbai
Nissan Motor upbeat on annual profit despite challenges from inflation
ESAF SFB Q4 results: Net profit slips 57% to Rs 43 cr, NII up 18%
Byju's slashes course fees by 30-40%, ups sales incentives by 50-100%
Fitch affirms ratings of Axis, ICICI banks on supportive working conditions
Legacy firms outperform modern, got 75% of PE-VC investments in 2023
Tesla ramps up job cuts in China as sales slowdown bites, many depts hit

*Economic Times*

HPCL Q4 Results: Net profit falls 25% YoY to Rs 2,709.31 crore; co announces 1:2 bonus issue
NTPC achieves 20 pc torrefied biomass co-firing at Tanda power plant
Infosys collaborates with AEEE, IIHS to decarbonise India’s commercial building sector
Domestic tyre sale volumes expected to see moderate growth of 4-6 pc in FY25: Icra
India Exim Bank sees 12.3% year-on-year goods exports growth in Q1 FY25
Indian exports up in 115 nations out of 238 destinations in 2023-24
Indian renewables may get costlier as RBI mulls changes
India to begin producing 'T100' carbon fibre in 2.5 years: V K Saraswat
RBI’s proposed project financing regulations not to impact REC profitability at all: CMD
Jindal Poly Films questions the maintainability of class action suit
IREDA incorporates subsidiary in GIFT City, Gujarat

*Mint*

Asian Paints Q4 Results: Net profit up 1.3% to ₹1,275 crore
Inflows in equity mutual funds fall 16% in April, shows AMFI data
Titan anticipates stronger gold jewellery demand in H2FY25
L&T sees FY25 as six-month period, tempers order intake, revenue expectations
Titan anticipates stronger gold jewellery demand in H2FY25
SBI Results Q4 result: Net profit rises 24% YoY to ₹20,698 crore, beats estimates
India a great market for long-term investors, says Rakesh Sethia of HDFC AMC
Venturi Partners acquires 5.12% stake in K12 Techno Services for ₹225 crore
Air India Express fires 25 cabin crew members; 85 flights cancelled today
BoE holds key interest rates at 16-year high-mark, moves closer to cuts
RBI’s infra financing guidelines no cause for panic, says PNB after record Q4.
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GIFT Nifty +86 pts (22159) from last trade 22073 ,

@AlliesFin

Nikkei +470 pts ,
Hangseng +132 pts ,



Dow +331.37 pts ,Nsdq +43.51 pts, S&P
+26.41 pts , Bovespa -1292 pts , Ftse +27 pts , Dax +188 pts , Cac +56 pts , Crude @ $79.68 brl (+0.42), Brent @ $83.88 brl (+0.00) , Gold @ 2354.20 (+13.90), Silver $28.605 (+0.24), Euro @ $1.0762, JPY @ $155.30, INR @ 83.455



*Today's Corporate Action*
*10th May Ex Date*


ABHISHEK
Resolution Plan -Suspension 
APTECHT
Dividend - Rs. - 4.5000
DCBBANK
Dividend - Rs. - 1.2500
GKCONS
E.G.M. 
GUJINTRX
Interim Dividend - Rs. - 7.0000
HDFCBANK
Final Dividend - Rs. - 19.5000
MAHABANK
Final Dividend - Rs. - 1.4000
RKFORGE
Interim Dividend - Rs. - 1.0000
TRIL
Dividend - Rs. - 0.2000
UCOBANK
Final Dividend - Rs. - 0.2800


*Today's Key Results/Board Meetings*
*10-May-24*
     

   
Tata Motors, Eicher Motors, Cipla, Union Bank of India, Bank of Baroda, Bank of India, ABB India, Bajaj Hindusthan Sugar, Dilip Buildcon, Aarti Industries, Finolex Industries, Kalyan Jewellers India, Dr Lal PathLabs, Polycab India, The Investment Trust Of India, and Thermax will release March quarter earnings on May 10  
   



*Stock under F&O ban on NSE*
*10-May-24*



1 ABFRL
2 BALRAMCHIN
3 CANBK
4 GMRINFRA
5 IDEA
6 PEL
7 PNB
8 SAIL
9 ZEEL
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*India Daybook – Stocks in News*

*Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383.8 cr (YoY) (Positive)

*Tata Power:* Net profit up 11.4 % at ₹1,045.6 cr vs ₹949.5 cr (YoY), Revenue up 27.2% at ₹15,846.6 cr vs ₹12,453.8 cr (YoY). (Positive)

*SKF:* Net profit up 42.6% at ₹175.2 cr vs ₹122.9 cr, Revenue up 9.9% at ₹1,203.4 cr vs ₹1,094.7 cr (YoY) (Positive)

*Godrej Agrovet:* Net profit at ₹65.5 cr vs ₹23.5 cr, Revenue up 1.9% at ₹2,134.3 cr vs ₹2,095 cr (YoY) (Positive)

*HomeFirst:* Net profit up 30.5% at ₹83.5 cr vs ₹64 cr, NII up 22.4% at ₹136.8 cr vs ₹111.8 cr (YoY) (Positive)

*India Shelter:* Net profit up 46.9% at ₹78 cr vs ₹53 cr, NII up 57.9% at ₹131.0 cr vs ₹83.0 cr (YoY) (Positive)

*GSPL:* Net profit up 22.2% at ₹663.1 cr vs ₹542.8 cr, Revenue up 5.9% at ₹4,522.2 cr vs ₹4,270.1 cr (YoY) (Positive)

*Vijaya Diagnostic:* Net profit up 21.7% at ₹33.7 cr vs 27.7 cr (YoY), Revenue up 28.3% at ₹155.2 cr vs ₹121 cr (YoY) (Positive)

*BSE:* Cons net profit up 20.7% at ₹106.9 cr vs ₹88.6 cr, revenue at ₹544.8 cr vs ₹259 cr (YoY) (Positive)

*Kalpataru:* Net profit up 20.7% at ₹169 cr vs ₹140 cr, Revenue up 22.3% at ₹5,971 cr vs ₹4,882 cr (YoY) (Positive)

*NBCC:* Company gets work orders worth ₹400 crore in Chhattisgarh & Kerala (Positive)

*TVS Supply Chain:* Company gets business deal for Eicher’s bus facility in Baggad (Positive)

*HDFC Life:* IRDAI has given its approval for the appointment of Keki Mistry as chairman of the board of the company. (Positive)

*Waaree Energies:* Company and Ecofy partner to provide solar rooftop project finance, making sustainability more accessible. (Positive)

*Infosys:* Company in pact with Yunex Traffic for digital transformation (Positive)

*Bank Baroda:* RBI conveyed to the bank its decision to lift restrictions on BoB World with immediate effect. (Positive)

*Wipro:* Company collaborates with Kognitos Inc to deploy Gen AI-based business automation solutions. (Positive)

*RVNL:* Company gets order worth ₹167.3 cr from South Eastern Railway. (Positive)

*Sonata Software:* Net profit at ₹110.4 cr vs net loss of ₹46.2 cr (QoQ), Revenue down 12.1% at ₹2,191.6 cr vs ₹2,493.4 cr (QoQ). (Neutral)

*Bajaj Consumer:* Net profit down 12.1% at ₹35.6 cr vs ₹40.5 cr (YoY), Revenue down 3.8% at ₹240 cr vs ₹249.4 cr (YoY) (Neutral)

*TVS Motors:* Net profit reported at Rs 485 crore versus poll of Rs 540 crore, EBITDA Margins at 11.3% versus poll of 18.1% (Neutral)

*Larsen:* Net profit reported at Rs 4396 crore versus poll of Rs 4267 crore, EBITDA Margins at 10.8% versus poll of 11.35% (Neutral)

*HG Infra:* Net profit up 11.2% at ₹190 cr vs ₹170.9 cr, Revenue up 11.3% at ₹1,708.2 cr vs ₹1,535.4 cr (YoY) (Neutral)

*Sula Vineyards:* Net profit down 4.2% at ₹13.6 cr vs 14.2 cr, Revenue up 8% at ₹131.7 cr vs ₹120 cr (YoY) (Neutral)

*PEL:* Net profit at ₹137.1 cr vs loss of ₹195.9 cr, Revenue up 16% at ₹2,473.3 cr vs ₹2,131.7 cr (YoY) (Neutral)

*WPIL:* Company to consider sub-division/split of equity shares of company on May 25, 2024 (Neutral)

*Bajaj Consumer:* Company to buy back shares at ₹290/sh; buyback up to ₹166 cr total size (Neutral)

*Reliance:* Company to acquire 100% stake in Reliance Chemicals for Rs 314.5 crore. (Neutral)

*Nucleus Soft:* Company appoints Surya Prakash Kanodia as CFO of the co w.e.f. May 8, 2024 (Neutral)

*Adani Power:* Gautam Adani and Rajesh Adani have revoked their pledged shares of Adani Power. (Neutral)

*ESAF:* Net profit down 57.2% at ₹43.4 cr vs ₹101.4 cr, NII up 18.4% at ₹590.7 cr vs ₹498.9 cr (YoY)
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*News Headlines from Business News Agencies:*

*Business Standard*

L&T Q4 results: Net profit rises 10% to Rs 4,396 cr, revenue up 15%
Tata Power Q4 results: PAT up 11% at Rs 1,046 crore on higher revenues
RBI asks NBFCs to stick to loan cash payout cap of Rs 20,000: Report
Google launches Wallet app in India to help users store digital documents
Sebi extends settlement scheme period till Jun 10 in stock option cases
Pet insurance market in India to reach Rs 6,500 crore mark by 2025
Pidilite Industries Q4 results: Profit after tax rises 6.44% to Rs 304 cr
Sonata Software to get 20% of revenue from AI-led services in 2-3 yrs: CFO
NPCI issues guidelines for merchant acquisition on BHIM Aadhar Pay
TVS SCS wins new business deal for Eicher's bus facility in Baggad
USFDA issues Form 483 with 1 inspectional observation to Cipla's Maha unit
Rockwell Automation to expand in India with more factories, tech workers

*Economic Times*

Hero MotoCorp Q4 Results: Profit rises 18% YoY to Rs 1,016 crore
Serum Institute of India says it stopped manufacturing Covishield since December 2021
India's data center industry set to double capacity by 2026, attract investments
Vehicle retail sales soar 27% in April; two-wheeler registrations jump 33%, cars up 16%
Mercedes retreats to gas guzzlers as EVs fail to boost profit
Bajaj Consumer Care to buyback 57.41 lakh equity shares at Rs 290 apiece
China's Nio sets sights on big EV race with Tesla, ropes in larger rival BYD for batteries
Salasar Techno Engineering completes acquisition of EMC for Rs 178 crore
Canara Bank Q4 Results: Profit jumps 18% YoY to Rs 3,757 crore; NII rises 11%
Railways laid on an average 7.41 km tracks daily in 10 years, RTI response reveals
Muthoot Finance raises $650 million through US dollar bonds

*Mint*

TVS Motor Q4 results: Net profit up 18% ₹485 crore, revenue surges 24%
India F24 GDP growth likely hit 8%, to grow 7% in FY25: CEA Nageswaran
Sebi tells investment advisors to share social media details every 6 months
Sugar export ban to remain in place despite comfortable domestic stocks
Used car financing market to touch ₹1,600 bn by FY28: OLX India's Amit Kumar
Deepinder Goyal unveils India's 1st crowd-supported weather infrastructure
GRE Renew Enertech raises ₹3.25 crore in private placement, aims IPO in August
Birla Fertility acquires ARMC IVF; to spend ₹500 crore on further expansion
Aparna Purohit quits Amazon Prime Video after 8 years
US revokes Intel, Qualcomm's export licenses to sell to China's Huawei: Sources
Air India Express operations disrupted as crew reports sick
RINL plant days away from shutdown due to coal supply crisis.
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Bharat India Daybook Stocks in News


*Jupiter Wagons:* Net profit at Rs 105 crore, Revenue at Rs. 1115 crore, up by 57 % YoY. (Positive)

*PB Fintech:* Net profit at Rs 60.19 cr vs loss Rs. 9.34 crore, revenue at Rs 1,090 cr vs Rs. 869 crore (YoY) (Positive)

*Bigbloc Construction:* Net profit Rs. 8.7 crore vs Rs. 5.6 crore, Revenue Rs. 68 crore vs Rs. 46.6 crore (YOY). (Positive)

*IRB Infra:* Net profit up 45.1% at ₹188.9 cr vs ₹130.2 cr (YoY), Revenue up 27.2% at ₹2,061.2 cr vs ₹1,620 cr (YoY) (Positive)

*JSW Energy:* Net profit up 22.5% at ₹345.3 cr vs ₹282 cr, Revenue up 3.2% at ₹2,755.9 cr vs ₹2,670 cr (YoY) (Positive)

*Latent View:* Net profit up 32.2% at ₹45.2 cr vs ₹34.2 cr (YoY), revenue up21.7% at ₹171.6 cr vs ₹141 cr (Positive)

*Dixon:* Company signs agreement with Nokia for development & manufacturing of telecom products (Positive)

*Tata Elxsi:* Company partners w/Arm to offer solutions for ARM processors (Positive)

*Infosys:* Company and ServiceNow further collaborate for generative AI-powered industry solutions. (Positive)

*Tata Motors:*Company’s JLR April UK sales up 19% at 5,627 units Vs 4,722 units YoY. (Positive)

*Jindal Staliness':* Company supplies special alloy steel sheets in DRDO’s SMART system for navy. (Positive)

*LTI Mindtree:* IBM to set up joint generative AI centre of excellence in India. (Positive)

*Macro tech Developers:* Company will launch in this fiscal 17 housing projects, having a revenue potential of Rs 12,000 crore. (Positive)

*Patel Eng:* Company and JV partner emerge as lowest bidder for irrigation project worth Rs 343 crore. (Positive)

*Sonata Software:* Net profit at ₹110.4 cr vs net loss of ₹46.2 cr (QoQ), Revenue down 12.1% at ₹2,191.6 cr vs ₹2,493.4 cr (QoQ). (Neutral)

*Century Text:* Net Profit down 4.4%at ₹160.3 cr vs ₹167.7 cr (YoY), Revenue up 71.7% at ₹1,686 cr vs ₹982 cr (YoY). (Neutral)

*Kajaria:* Net profit down 5.2% at ₹102.4 cr vs ₹108 cr (YoY), Revenue up 3% at ₹1,241 cr vs ₹1,205 cr (YoY) (Neutral)

*IGL:* reports Q4 earnings, profit down 2.4% at ₹383 cr vs ₹392 cr (QoQ), Revenue up 1.3% at ₹3,597 cr vs ₹3,550 cr (QoQ) (Neutral)

*CreditAccess:* Net profit up 33.9% at ₹397 cr vs ₹296.6 cr, NII up 42.3% at ₹881 cr vs ₹619.2 cr (YoY). (Neutral)

*UBL:* Net profit at ₹81.6 cr vs poll of ₹114 cr, Board proposes a dividend of ₹10/sh and appoints Jorn Kersten as Chief Financial Officer of the company (Neutral)

*Delta Corp:* Net profit up 41.4% at ₹72.4 cr vs ₹51.2 cr, Revenue down 3% at ₹194.8 cr vs ₹214.3 cr (YoY) (Neutral)

*Dr Reddy:* Net profit reported at Rs 1310 crore versus poll of Rs 1325 crore, EBITDA Margins at 26.4% versus poll of 28.0% (Neutral)

*Sasken:* Net profit up 0.6% at ₹17.2 cr vs ₹17.1 cr, Revenue up 5.8% at ₹109 cr vs ₹103 cr (YoY) (Neutral)

*Pidilite:* Net profit at ₹304.3 cr vs poll of ₹415 cr, Revenue at ₹2,901.9 cr vs poll of ₹2,810 cr (Neutral)

*DrReddys:* Company elevates MV Narasimham to the role of CFO w.e.f. August 1 (Neutral)

*M&M:* NCLT approves merger of arms Mahindra Heavy Engines, Wheelers & Trringo with Mahindra & Mahindra (Neutral)

*Hindustan Zinc:* Company announced an interim dividend of Rs 10 per equity share for the financial year 2024-25 (Neutral)

*Navin Fluorine:* Net profit down 48.4% at ₹70.4 cr vs ₹136.4 cr (YoY), Revenue down 13.6% at ₹602 cr vs ₹697 cr (YoY)

*Graphite:* Net profit down 45% at ₹16 cr vs ₹29 cr (YoY), Revenue down 12% at ₹720 cr vs ₹815 cr (YoY)

*Voltas:* Net profit down 22.8% at ₹110.6 cr vs ₹143.2 cr (YoY), Revenue at ₹4,202.9 cr vs poll of ₹3,827 cr.

*Chambal Fertilisers:* Net profit down 78.9% QoQ, revenue declines 39.2%

*Suraj Estate:* Net profit up 17.6% QoQ, revenue down 5.3%
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*Cash Segment: Live trading session on Saturday, May 18 2024*


*Session 1: Live trading from Primary Site*

Normal Market open time === 09:15 hrs
Normal Market close time === 10:00 hrs

*Session 2: Live trading from DR Site*

Normal Market open time ==== 11:45 hrs
Normal Market close time ==== 12:40 hrs

Closing Session (12:50-13:00 hrs)
*Futures & Options Segment: Live trading session on Saturday, May 18 2024*


*Session 1: Live trading from Primary Site*

Normal Market open time === 09:15 hrs
Normal Market close time === 10:00 hrs

*Session 2: Live trading from DR Site*

Normal Market open time ==== 11:30 hrs
Normal Market close time ==== 12:30 hrs
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Bharat India Daybook Stocks in News


Gujarat Gas: Profit at Rs 409.5 cr vs poll of Rs 326.0 cr, Revenue at Rs 4134.0 cr vs poll of Rs 4076.0 cr (Positive)

Arvind Smartspaces: Q4 profit at Rs 19.5 crore up by 86.1 % YoY, Revenue at Rs. 117 crore, up by 26.6 % YoY.
(Positive)

Muthoot MicroFin: Disbursals up 18% at ₹2,887.9 cr vs ₹2,447.5 cr, AUM up 32.4% at ₹12,193.5 cr vs ₹9,208.3 cr (YoY) (Positive)

GHCL Textiles: Revenues at Rs 286 Crores Vs Rs 244 Crores, Profit at Rs 10.26 Crores Vs Loss of Rs 0.01 Crores (YoY) (Positive)

Selan: Profit at Rs 12.2 cr vs Rs 5.4 cr, Revenue at Rs 56.3 cr vs poll of Rs 27.6 cr YoY (Positive)

Fusion Micro: Net Profit 1.33b Rupees Vs 1.15b, NII at Rs 646 cr vs Rs 501 cr (QoQ) (Positive)

Wipro: Company collaborates with Microsoft for Gen AI products (Positive)

Orient Electric: Company starts commercial production from greenfield manufacturing plant at Hyderabad, Telangana: (Positive)

Lupin: Company gets US FDA approval for Travoprost Ophthalmic Solution USP. (Positive)

HPCL: Company to consider bonus equity share on May 9, 2024, along with Q4 earnings. (Positive)

BPCL: Company to consider bonus equity share on May 9, 2024, along with Q4 earnings. (Positive)

Coromandel International: Company announced an increase in its investment in Ecozen, a climate-smart technology solutions provider. (Positive)

Olectra Green: Company has achieved a milestone by surpassing 10,000 units in its e-bus order book. (Positive)

Drone Destination: Company & IFFCO signs MOA to collaborate for drone spray over an area of up to 30 lakh acres (Positive)

Campus: India Ratings Upgrades Bank Facilities to ‘IND AA-’/Stable from ‘IND A+’/Positive (Positive)

Mastek: Announced its iConniX portfolio to enable Gen AI-led innovation across industries (Positive)

Tube Investment: Subsidiary TI Clean Mobility Private Limited entered into Securities Subscription Agreement with South Asia Growth lnvest lll LLC and South Asia EBT Trust lll for subscription (Positive)

Apcotex Inds: Net profit at Rs 15.31 crore vs Rs 23.21 crore down by 34 % YoY, Revenue at Rs. 311 crore, up by 21.3 % YoY. (Neutral)

Godrej CP: Operating Profit at Rs 785.0 cr vs poll of Rs 731.0 cr, Revenue at Rs 3385.0 cr vs poll of Rs 3327.0 cr (Neutral)

Lupin: Net profit at ₹359.4 cr vs poll of ₹498.9 cr, Revenue at Rs 4960 cr vs Rs 4430 cr (YoY). (Neutral)

Hindalco: Novelis: Net Income Excluding Special Items Up 2%; Adjusted EBITDA Up 28% YoY. (Neutral)

CG Power: Net profit at Rs 233.81 crore, down 45.14% year-on-year. Revenue up 15.18 % YoY. (Neutral)

Zee Media: Company announces cessation of Abhay Ojha as CEO (Neutral)

M&M Financial: April collection efficiency at 89%, Stage-3 & Stage-2 assets range bound MoM; April overall disbursement at ₹3,930 cr, up 4% (Neutral)

GHCL: Company approved Greenfield project for soda ash annual production capacity of 5.5M ton in Gujarat for 40B rupees (Neutral)

Bajaj Healthcare: Company appoints Dayashankar Patel as CFO of the company w.e.f. May 6, 2024 (Neutral)

Tamilnad Mercantile Bank: Hikes lending rates by 10-15 bps across tenures. (Neutral)

P&G Hygiene: MD LV Vaidyanathan Resigns – To pursue other interests (Neutral)

Solara Active: Meeting of the Rights Issue Committee of the Board on 9th May to consider Right issue (Neutral)

LTIMindtree: Company gets GST demand order of ₹155.7 cr for FY 2018-19

Route Mobile: Net profit at Rs 95.16 crore, down 8.5 % YoY. Revenue up 0.8% YoY.

*GHCL: Net Profit at Rs. 125 Cr vs Rs. 218 cr, Revenue at Rs. 820 crore vs Rs. 1119 crore YoY. (Negative)

DCM Shriram: Net profit down 36.9% at ₹117.8 cr vs ₹186.7, Revenue down 11.8% at ₹2,399.3 cr vs ₹2,720 cr (YoY)

KEC Int: ICRA Limited revised of the credit ratings to the Company’s Banking facilities. Assigns [ICRA] A+ (Stable) Downgraded from [ICRA]AA-

Gujarat Fluorochemicals: Net profit at Rs 101 crore, down by 70 percent, Revenue stood at Rs 1133 crore, lower by 23 percent
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