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

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

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

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

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

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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

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


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*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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Mkt. Updates @AlliesFin

GIFT Nifty +32 pts (22595) from last trade 22563 ,

Nikkei +333 pts ,
Hangseng -1 pt ,


Dow +176.59 pts ,Nsdq +192.92 pts, S&P
+52.95 pts , Bovespa -42 pts , Ftse Clsd , Dax +173 pts , Cac +39 pts , Crude @ $78.91 brl (+0.43), Brent @ $83.33 brl (+0.00) , Gold @ 2332.50 (+1.30), Silver $26.665 (+0.05), Euro @ $1.0767, JPY @ $154.15, INR @ 83.465


US GOVT. 10-YR YIELD : 4.49%


Today's Corporate Action, 07 May Ex Date :

HCLTECH
Interim Dividend - Rs. - 18.0000
IRBINVIT
Income Distribution (InvIT) 
OFSS
Interim Dividend - Rs. - 240.0000


Today's Key Results/Board Meetings, 07-May-24 :
  
CENTURYTEX
Dividend;Audited Results    
CREDITACC
General;Audited Results    
DRREDDY
Final Dividend;Audited Results    
ELANTAS
Quarterly Results      
FREDUN
Final Dividend;Audited Results    
IDFC
Audited Results      
KAJARIACER
Final Dividend;Audited Results    
KAMOPAINTS
Audited Results      
LATENTVIEW
Audited Results      
MFSL
Audited Results      
NAVINFLUOR
Final Dividend;Audited Results    
PIDILITIND
Audited Results      
POLICYBZR
General;Audited Results    
RANEENGINE
Audited Results      
UBL
A.G.M.;Final Dividend;Audited Results  
VIVANTA
Quarterly Results;General    
VOLTAS
Dividend;General;Audited Results  


SEC. IN F&O BAN FOR, 07 MAY, 2024 :

1. ABFRL 2. BALRAMCHIN 3. BIOCON 4. GMRINFRA 5. IDEA 6. SAIL

ADDITION : SAIL,
DELETION : NIL


Today's Alert :

RBI to Conduct Auction of SDLS BONDS for INR 99 Billion
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News Headlines from Business News Agencies :

Business Standard :

Govt lifts ban on onion exports; imposes min export price of $550 per tonne

IIHL targets $50 billion valuation by 2030: Chairman Ashok Hinduja

Tata Motors' DVR conversion plan gets shareholders' nod with 99.8% votes

Indian market has 'unexplored' opportunities, says Warren Buffett

Dell Technologies at epicenter of data-intensive technology like AI: Ohrie

IOB adopts multi-pronged approach to ensure recovery from NPA accounts

Stringent norms for pesticide residues limit in food items: Centre

RBI approves appointment of Sanjeev Nautiyal as MD&CEO of Ujjivan SFB

Paper industry urges govt to allot degraded land for pulpwood plantation

Go First won't move against Delhi High Court order, set for liquidation

BHIM to challenge Google Pay, PhonePe e-commerce dominance through ONDC

ICAI says action against EY India affiliates under its statutory powers

FSSAI relaxed pesticide norms in April, allowing 10x more residue in spices

Economic Times :

India emerged as the most preferred market for tech giants: Apple CEO Tim Cook

India, Ghana agree for early operationalisation of UPI on Ghana interbank payment systems

REC gets RBI nod to set up subsidiary in GIFT City

HDFC Capital exits with Rs 298 crore return from Total Environment project in Bangalore

IDBI Bank Q4 Results: PAT soars 44% YoY to 1,628 crore; NII rises 12%

PNB Housing Finance eyes over 17% growth in FY25 loan book

India urges ADB not to overlook its focus on growth and shared prosperity

Max Estates projects FY25 pre-sale proceeds to more than double

Stablecoin Tether steps up monitoring in bid to combat illicit finance

Air India reduces free baggage limit for lowest-fare bracket to 15 kgs

Govt mulls survey to estimate cost of logistics incurred by businesses

FPIs take cautious approach amid ongoing general elections; inject Rs 1,156 cr in May so far

Mint :

Tata Power Renewable Energy signs pact with SJVN for 460 MW clean energy project

DMart Q4 results: Net profit jumps 22% YoY to ₹563.1 crore, revenue up 20%

Kotak Mahindra Bank Q4FY24 results: PAT jumps 18% YoY, NII rises 13%

Groww Mutual Fund launches Groww Nifty Non-Cyclical Consumer Index Fund

Muthoot Finance's arm Belstar Microfinance files DRHP with SEBI for ₹1300 cr IPO

JSW Infrastructure plans ₹2,500 crore capex for FY25

Luminar to cut nearly 20% jobs as part of restructuring

India to leverage South Africa's WTO case to seek easing of EU standards

Vi loses 680,000 subscribers in March, its fewest in seven months

ADB open to scaling up financing of private sector projects in India

Claims of Indian herbs, spices high in pesticide ‘false and malicious’: FSSAI
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

GIFT Nifty +111 pts (22676) from closing 22575 ,

@AlliesFin

Nikkei clsd ,
Hangseng +13 pts ,


Dow +450.02 pts ,Nsdq +315.37 pts, S&P
+63.59 pts , Bovespa +1386 pts , Ftse +41 pts , Dax +105 pts , Cac +42 pts , Crude @ $78.53 brl (+0.42), Brent @ $83.37 brl (+0.41) , Gold @ 2310.40 (+1.80), Silver $26.845 (+0.15), Euro @ $1.0759, JPY @ $153.43, INR @ 83.375





*Today's Corporate Action*
*6th May Ex Date*


 

COCKERILL
Final Dividend - Rs. - 7.0000
EMBASSY
Income Distribution RITES  


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

APCOTEXIND
Final Dividend;Audited Results    
CLARA
Half Yearly Results;Interim Dividend;Bonus issue;Audited Results
FUSION
Audited Results      
GHCL
Quarterly Results;Final Dividend;Audited Results
GHCLTEXTIL
Quarterly Results;Final Dividend;Audited Results
GRINDWELL
Quarterly Results;Final Dividend;Audited Results
GUJGASLTD
Final Dividend;Audited Results    
HAPPSTMNDS
General;Final Dividend;Audited Results  
INDIANACRY
Quarterly Results;Audited Results  
KAMDHENU
Final Dividend;Audited Results    
KARTKIN
Audited Results      
LUPIN
General;Final Dividend;Audited Results  
MARICO
Audited Results      
MUTHOOTMF
Audited Results      
PUNJABCHEM
Final Dividend;Audited Results    
SOFTBPO
Quarterly Results;Audited Results  
VIAANINDUS
General      
  


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



1ABFRL
2BALRAMCHIN
3BIOCON
4GMRINFRA
5IDEA
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AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 03-05-2024 :

T.me/AlliesFin

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

*TOTAL NET SELL : -15778*

*INDEX FUT. : -4419*

*INDEX OPT. : -4309*

*STOCK FUT. : -8189*

*STOCK OPT. : +1140*

*SEC. IN F&O BAN FOR, 06 MAY, 2024 :*

*1. IDEA 2. BIOCON 3. ABFRL 4. BALRAMCHIN 5. GMRINFRA*

*ADDITION : BALRAMCHIN GMRINFRA*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 03-MAY-2024 :*

*FIIS : SELL -2,392 (17,440-19,832)*

*DIIS : BUY +690 (13,865-13,175)*

*BSE SENSEX : -733 (73,878)*

*NSE NIFTY : -172 (22,476)*

*BSE MIDCAP. : -89 (42,414)*

*BSE SMLCAP. : -260 (47,191)*

*B. CRUDE : $ 83.61*

*GOLD: $ 2,301=INR 70,650(10gr)*

*SILVER : RS. 82,000 (kg)(5pm)*

*FOREX : RS. $ 83.43 *

*7.10% NEW GOI '34 : 7.1141% (99.8925)*

*7.18% GOI '33: 7.1470%(100.2050)*

*7.18% GOI '37: 7.1921% (99.8825)*
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Bharat India Daybook Stocks in News
@AlliesFin

Ajanta Pharma: Net profit up 65.7% at ₹202.7 cr vs ₹122.3 cr, Revenue up 19.5% at ₹1,954.1 cr vs ₹881.8 cr (YoY) (Positive)

JBM Auto: Net profit at ₹62.5 cr vs ₹28.4 cr, Revenue up 47.1% at ₹1,486 cr vs ₹1,010 cr (YoY) (Positive)

Kei Ind: Revenue at ₹2,319.3 cr vs ₹1,952.9 cr, up 18.8% YoY, Net profit at ₹168.4 cr vs ₹138 cr, up 22% YoY (Positive)

GIPCL: Company signs ₹2,832 cr loan agreement with National Bank for Financing Infrastructure and Development (Positive)

MOIL: April Update: Manganese Ore production up 22% YoY at 1.60 lk tonnes. (Positive)

IEX: Company’s REC volume at 618 MU, up 211% year-on-year in April. (Positive)

Coal India: Company's board recommends final dividend of Rs 5/share. (Positive)

Mazdock: Company has signed individual Shipbuilding Contracts with the European client for construction of three (03) units of 7,500 DWT Multi-Purpose Hybrid Powered Vessels (Positive)

Adani Green: Company secures finance worth of $40 cr from international banks for 750 MW power plant. (Positive)

SW Solar: Company has confirmed that the Company has fulfilled all its loan payment obligations (Positive)

IndiGo: Company announces special bonus to staff across the board ahead of Q4 results (Positive)

Bajaj Finance: RBI lifts curbs on eCOM, insta EMI card with immediate effect (Positive)

Gujarat Tool: Company acquires 65-acre land parcel in Gujarat to set up a green energy project at an investment of Rs 572 crore. (Positive)

Century Tex: Birla Estates, real estate venture of Aditya Birla Group, books sales of Rs 5,400 crore from a project in central Mumbai. (Positive)

MaxEstates: Company's arm signs agreement for residential development project in Gurugram with GDV potential of over Rs 9,000 crore. (Positive)

CEAT: Net profit down 22.7% at ₹102.3 cr vs ₹132.4 cr, Revenue up 4.1% at ₹2,991.9 cr vs ₹2,874.8 cr (YoY) (Neutral)

Railtel: Revenue at ₹832.7 cr vs ₹697.5 cr, Net profit at 77.5 cr vs ₹75.2 cr, up 3% YoY (Neutral)

Voltamp: Net profit up 22.1% at ₹93.5 cr vs ₹76.6 cr (YoY), Revenue up 14.6% at ₹504.2 cr vs ₹439.9 cr (YoY) (Neutral)

Astec Life: Net Loss 9m Rupees Vs Loss 50m, Revenue 1.53b Rupees Vs 1.27b (YoY) (Neutral)

Coal India: Revenue at Rs. 38152.0 Crore versus poll Rs. 37600.0 Crore, Net profit at Rs. 6875.0 Crore versus poll of Rs. 6800.0 Crore (Neutral)

Blue Dart: Net profit up 12% at Rs 77.8 crore, revenue rises 8.7% at Rs 1323.0 crore YoY (Neutral)

Goodyear: Company CFO Manish Mundra resigns w.e.f. June 30. (Neutral)

HUL: Company appoints Vipul Mathur as Executive Director, Personal Care with effect from 1st June (Neutral)

Adani Ent Company board reappoints Rajesh S Adani as MD for 5 years (Neutral)

*Coforge:*Company to acquire 54% share capital of Cigniti Technologies. (Neutral)

Jubilant Pharmova: Company’s Harsher Singh as CEO of radio pharma business (Neutral)

Zydus Lifesciences: Company to sell about 25% stake in JV Bayer Zydus Pharma for ₹282 cr (Neutral)

Yes Bank: Carlyle Group likely to sell stake worth ₹1,500 crore in YES Bank (Neutral)

CIE Auto: Net profit down 17.4% at ₹230.4 cr vs ₹279 cr, Revenue down 0.5% At ₹2426.8 Cr Vs ₹2440 Cr (YoY) (Negative)

Aptech Q4: Net profit down 91.8% at ₹2.8 cr, Revenue declines 41.7% at ₹104.0 cr (Negative)
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Pre Market Clues

T.me/AlliesFin

*FED'S POWELL:*

THERE ARE PATHS TO NOT CUTTING, AND PATHS TO CUTTING, IT WILL DEPEND ON THE DATA.

MY CONFIDENCE IN INFLATION MOVING BACK DOWN IS LOWER THAN BEFORE.

AS INFLATION HAS COME DOWN TO BELOW 3%, THE FED'S EMPLOYMENT GOAL COMES BACK INTO FOCUS.

(TREASURY 2- TO 10-YEAR YIELDS FALL 10 BASIS POINTS ON DAY AS FED CHAIR INDICATING DATA DRIVEN POLICY APPROACH)

*News Headlines from Business News Agencies:*

*Business Standard*

Tata Motors post higher April sales, Eicher sales dip
No Maruti Suzuki EVs for India this year. Wait till FY26: RC Bhargava
UPI transactions dip marginally in April to Rs 19.64 trn; grow Y-o-Y
Jindal Stainless announces expansion plans, to invest Rs 5,400 cr
APSEZ becomes India's 1st large-sized pvt infra developer to get AAA rating
J&J subsidiary proposes paying $6.48 bn over 25 yrs to settle talc lawsuits
GST mop-up hits record on good economic momentum, efficient collections: FM
Truck rentals tepid, commercial vehicle sales skid in April, says report
Tata Motors receives tax demand of nearly Rs 25 cr; plans to file appeal
Sebi bans Manpasand Beverages, 3 top officials from market for 3 years
Govt unlikely to impose export curbs on low-grade iron ore, says report

*Economic Times*

Maruti Suzuki's total sales increase 5% to 168,089 units in April
India's power consumption rises 11 pc to 144.89 billion units in April
MG Motor India reports 1.45 pc dip in retail sales at 4,485 units in April
Hyundai sales rise 9.5 pc to 63,701 units in April
ITC brand Fortune Hotels targets opening a new hotel every month in FY25
Quality concerns could threaten over half of India's spice exports; needs urgent attention: GTRI
India may see above normal maximum temperatures in May: IMD
Saudi Arabia's Q1 GDP shrinks by estimated 1.8% YoY as oil sector weighs
Novo Nordisk owner to invest $200 million in quantum computing startups
Adani Energy Solutions' Q4 net profit falls 13% to Rs 381 cr
Microsoft to power data centers with Brookfield renewables deal: report
Microsoft to open first regional data centre in Thailand

*Mint*

GST collection hits record high of ₹2.10 trillion in April
Ambuja Cements Q4 net profit up 6% YoY to ₹532 cr; declares dividend of ₹2
FPIs turn net sellers worth ₹8,671 crore in April after 2 months of buying
Govt to go ahead with administrative allocation for satellite broadband
Brazil’s Embraer plots a new 737-sized jet to rival Boeing
Stride Ventures closes third fund at $165 million
Oil retailers hike ATF rates, slash commercial LPG cylinder prices
India’s plastics exports fall as global economic condition takes a toll
India, US to expand warship repair network
Godrej family to split 127-year-old business empire
Blackstone-backed Aadhar Housing Finance's Rs 3,000 cr IPO to open on May 8


*Q4FY24 EARNING CALENDAR 02.05.2024*

*ADANIENT*, *ADANIPORTS*, AJANTPHARM, BLUEDART, CEATLTD, CIEINDIA, *COALINDIA*, *COFORGE*, *DABUR*, *FEDERALBNK*, JBMA, KEI, KPRMILL, PGHL, RAILTEL, RKFORGE, RSYSTEMS, SOUTHBANK, VOLTAMP

*Adani Port*
Revenue expected at Rs 7055 crore versus Rs 5796 crore
EBITDA expected to be seen at Rs 4386 crore versus Rs 4035 crore
EBITDA margin expected to be seen at 62.2% versus 69.6%
Net profit expected to be seen at Rs 2224 crore versus of Rs 2432 crore

*COAL INDIA*
Revenue expected at Rs 37,600 crore versus Rs 38,152 crore
Adj. EBITDA expected to be seen at Rs 9500 crore versus Rs 8600 crore
EBITDA margin expected to be seen at 25.2% versus 22.5%
Net profit expected to be seen at Rs 6800 crore versus of Rs 5528 crore

*COFORGE*
Rupee Revenue expected at Rs 2402 crore versus Rs 2325 crore
EBIT expected to be seen at Rs 368 crore versus Rs 325 crore
EBIT margin expected to be seen at 15.3% versus 14%
Net profit expected to be seen at Rs 264 crore versus of Rs 238 crore
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GST News LIVE Update: GST collection highest ever in April 2024 at Rs 2.10 lakh crore, 12.4% YoY

https://www.moneycontrol.com/news/india/latest-daily-news-live-india-world-dlehi-cm-arvind-kejriwal-heatwave-breaking-news-and-updates-liveblog-12711979.html
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