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By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Friday 30 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
India Daybook Stocks in News
@AlliesFin
*Kaynes Tech:* Company inaugurates electronics manufacturing facility in Hyderabad (Positive)
*GE Shipping:* Company contracts to sell 2011-built Supramax dry bulk carrier. (Positive)
*Lupin:* Company launches Doxorubicin Hydrochloride Liposome Injection in single-dose vials in U.S. drug market. (Positive)
*NTPC:* Company commissioning of first part capacity of 160 mw out of 320 mw Bhainsara solar PV project. (Positive)
*Genus Power:* Company has incorporated following five wholly-owned step-down subsidiarie. (Positive)
*ITI:* Company gets order to supply 500 sets of electronic voting machines. (Positive)
*NLC India:* Company to enter into JVA between co and Rajasthan Rajya Vidyut Utpadan Nigam via unit for setting up of lignite based thermal power station. (Positive)
*Marine Electricals:* Company got order worth Rs 41.7 million from Schneider electric India. (Positive)
*IREDA:* Company Secures International Credit Rating from M/s. S&P Global Ratings Limited assigned 'BBB-' long-term and 'A-3' short-term issuer credit ratings to IREDA, with Outlook ‘Stable’.. (Positive)
*RVNL/Patel Eng:* Companies signed MoU to create a supportive framework for synergizing Hydro and Infrastructure Projects in India and abroad (Positive)
*CDSL:* Company gets SEBI approval for appointment of Nehal Vora as MD & CEO of the company (Positive)
*Infosys:* Company announces expansion of collaboration with NVIDIA for AI-powered, customer-centric solutions. (Positive)
*Amber Ent:* Small Cap World Fund Inc bought 1.85 lk shares at Rs 4522.45 (Positive)
*Globus Spirits/ BCL/ Gulshan:* Govt permitted the sale of up to 2.3 million tonnes of rice from Food Corporation of India (FCI) (Positive)
*Sugar stocks:* Government removes cap on supply of sugarcane juice/syrup, B molasses, C molasses for production of ethanol. (Positive)
*Infosys:* Company announced the expansion of its collaboration with Nvidia for AI-powered, customer-centric solutions to drive innovation and operational excellence for telcos (Positive)
*Lemon Tree:* Company said it has signed a licence agreement for a new property in Ayodhya, Uttar Pradesh. (Positive)
*ICICI Lombard:* Market share gains in Motor and Health will continue. (Positive)
*JSW Steel:* Company update on acquisition of up to 66.67% economic interest in m res NSW HCC PTY, transaction for sale of ILLAWARRA metallurgical coal by south32 completed. (Neutral)
*Anant Raj:* Company board approved the acquisition of 100% equity shares of Sheetij properties pvt ltd (Neutral)
*Manappuram Finance:* Fitch Ratings affirms Manappuram Finance at 'BB-', outlook stable. (Neutral)
*Jai Corp:* Company approved buyback of shares worth up to Rs 1.18 billion via tender offer route, buyback price of 400 rupees per share (Neutral)
*SJS Enterprises:* Company enters agreement with Sunsource energy, Suryaurja one, Agreement for supply of up to 3 MWP of solar power for Rs 10.5 million. (Neutral)
*LIC:* Company gets GST demand order of Rs 610 cr for FY20 (Neutral)
*Samaan Capital:* Company’s board approves raising up to Rs 30,000 crore via NCDs. (Neutral)
*Techno craft:* Company’s buyback to open on September 2, close on September 6 (Neutral)
*Shipping Corp:* Company gets GST demand and penalty order worth Rs 160 Cr from Mumbai tax authority (Neutral)
*GPT Infra projects:* Company approved allocation of shares at Rs 174.64 per share via QIP. (Neutral)
*Steel exchange India:* Company issue of convertible warrants for up to Rs 999 million. (Neutral)
*Kernex Microsystems:* Company says cyber- security incident occurred on 28 august. (Neutral)
*CL Educate:* Company approved the acquisition of digital examination worth Rs 230 Cr. (Neutral)
*Spicejet:* Due to operational reasons, few spicejet flights from Dubai were cancelled, Company says all our scheduled flights from Dubai are now operating as planned – RTRS. (Neutral)
*Prestige Estates:* Launches QIP to Raise Up To ₹5,000 Cr, Indicative Issue Price ₹1,674/Sh (Neutral)
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
@AlliesFin
*Kaynes Tech:* Company inaugurates electronics manufacturing facility in Hyderabad (Positive)
*GE Shipping:* Company contracts to sell 2011-built Supramax dry bulk carrier. (Positive)
*Lupin:* Company launches Doxorubicin Hydrochloride Liposome Injection in single-dose vials in U.S. drug market. (Positive)
*NTPC:* Company commissioning of first part capacity of 160 mw out of 320 mw Bhainsara solar PV project. (Positive)
*Genus Power:* Company has incorporated following five wholly-owned step-down subsidiarie. (Positive)
*ITI:* Company gets order to supply 500 sets of electronic voting machines. (Positive)
*NLC India:* Company to enter into JVA between co and Rajasthan Rajya Vidyut Utpadan Nigam via unit for setting up of lignite based thermal power station. (Positive)
*Marine Electricals:* Company got order worth Rs 41.7 million from Schneider electric India. (Positive)
*IREDA:* Company Secures International Credit Rating from M/s. S&P Global Ratings Limited assigned 'BBB-' long-term and 'A-3' short-term issuer credit ratings to IREDA, with Outlook ‘Stable’.. (Positive)
*RVNL/Patel Eng:* Companies signed MoU to create a supportive framework for synergizing Hydro and Infrastructure Projects in India and abroad (Positive)
*CDSL:* Company gets SEBI approval for appointment of Nehal Vora as MD & CEO of the company (Positive)
*Infosys:* Company announces expansion of collaboration with NVIDIA for AI-powered, customer-centric solutions. (Positive)
*Amber Ent:* Small Cap World Fund Inc bought 1.85 lk shares at Rs 4522.45 (Positive)
*Globus Spirits/ BCL/ Gulshan:* Govt permitted the sale of up to 2.3 million tonnes of rice from Food Corporation of India (FCI) (Positive)
*Sugar stocks:* Government removes cap on supply of sugarcane juice/syrup, B molasses, C molasses for production of ethanol. (Positive)
*Infosys:* Company announced the expansion of its collaboration with Nvidia for AI-powered, customer-centric solutions to drive innovation and operational excellence for telcos (Positive)
*Lemon Tree:* Company said it has signed a licence agreement for a new property in Ayodhya, Uttar Pradesh. (Positive)
*ICICI Lombard:* Market share gains in Motor and Health will continue. (Positive)
*JSW Steel:* Company update on acquisition of up to 66.67% economic interest in m res NSW HCC PTY, transaction for sale of ILLAWARRA metallurgical coal by south32 completed. (Neutral)
*Anant Raj:* Company board approved the acquisition of 100% equity shares of Sheetij properties pvt ltd (Neutral)
*Manappuram Finance:* Fitch Ratings affirms Manappuram Finance at 'BB-', outlook stable. (Neutral)
*Jai Corp:* Company approved buyback of shares worth up to Rs 1.18 billion via tender offer route, buyback price of 400 rupees per share (Neutral)
*SJS Enterprises:* Company enters agreement with Sunsource energy, Suryaurja one, Agreement for supply of up to 3 MWP of solar power for Rs 10.5 million. (Neutral)
*LIC:* Company gets GST demand order of Rs 610 cr for FY20 (Neutral)
*Samaan Capital:* Company’s board approves raising up to Rs 30,000 crore via NCDs. (Neutral)
*Techno craft:* Company’s buyback to open on September 2, close on September 6 (Neutral)
*Shipping Corp:* Company gets GST demand and penalty order worth Rs 160 Cr from Mumbai tax authority (Neutral)
*GPT Infra projects:* Company approved allocation of shares at Rs 174.64 per share via QIP. (Neutral)
*Steel exchange India:* Company issue of convertible warrants for up to Rs 999 million. (Neutral)
*Kernex Microsystems:* Company says cyber- security incident occurred on 28 august. (Neutral)
*CL Educate:* Company approved the acquisition of digital examination worth Rs 230 Cr. (Neutral)
*Spicejet:* Due to operational reasons, few spicejet flights from Dubai were cancelled, Company says all our scheduled flights from Dubai are now operating as planned – RTRS. (Neutral)
*Prestige Estates:* Launches QIP to Raise Up To ₹5,000 Cr, Indicative Issue Price ₹1,674/Sh (Neutral)
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*News Headlines from Business News Agencies :*
*Business Standard :*
TCS expands partnership to transform Primark's tech operations over 5 years
Google Cloud, Wipro partner to use Gemini Code Assist to boost productivity
Honda Shine revs past Bajaj Pulsar as second best-selling motorcycle model
Pvt hospitals expand tele-ICUs network as critical care demand grows
DGCA fines Air India Express for non-compliance with compensation rules
IndiGo cofounder Gangwal sells $1.3 bn worth stake near record high
Reliance announces green energy-powered data centres for AI in Jamnagar
Reliance Retail targets doubling business in 3-4 years, says Isha Ambani
RIL AGM: Board to consider issuing 1:1 bonus shares on September 5
35 Indian fintechs prepare for IPO rush as market competition intensifies
Macrotech acquires Opexefi Services, One Box Warehouse for nearly Rs 100 cr
*Economic Times :*
Supreme Court clears way for NBCC to generate Rs 15,000 crore from Amrapali projects
Rooftop solar capacity growth in India rises 26 pc to 1.1 GW in Jan-Jun: Mercom Capital
Tyre exports from India rise 17 pc in Q1: ATMA
IREDA Board approves Rs 4,500 cr fundraise plan
Final guidelines on project loans likely in 2-3 months: RBI official
Retail inflation rates for farm, rural workers ease in July
Eicher to incentivise customers scrapping old vehicles for new ones
Jio aims to add a million broadband homes every month
Govt eases norms for listing on international exchanges within Gift City
Nvidia's subdued forecast dampens enthusiasm in AI chip stocks after steady rally
Kolkata port announces launch of cargo services between Haldia and UAE
Lupin launches generic cancer drug in US
*Mint :*
Fitch Ratings affirms India's sovereign debt rating at ‘BBB-’, outlook stable
Moody's Ratings upgrades India's GDP growth forecast to 7.2% in 2024
LIC gets GST demand penalty notice of ₹605.5 crore for FY20
Shipping Corporation of India receives ₹160 crore GST demand notice for FY2020
Finance ministry cuts mandatory public offering on IFSC bourses from 25% to 10%
VSL Finance to buy back 33 lakh shares worth ₹125 crore at ₹380 per share
MP govt attracts ₹8k crore investment at industry conclave
Soaring temperatures overtake rainfall as key driver of food inflation: Report
Hyundai hoping to regain market share as auto major's $3 billion India IPO looms
OpenAI in talks for funding round valuing it above $100 billion
GM delays Indiana EV battery factory but seals JV with Samsung
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Business Standard :*
TCS expands partnership to transform Primark's tech operations over 5 years
Google Cloud, Wipro partner to use Gemini Code Assist to boost productivity
Honda Shine revs past Bajaj Pulsar as second best-selling motorcycle model
Pvt hospitals expand tele-ICUs network as critical care demand grows
DGCA fines Air India Express for non-compliance with compensation rules
IndiGo cofounder Gangwal sells $1.3 bn worth stake near record high
Reliance announces green energy-powered data centres for AI in Jamnagar
Reliance Retail targets doubling business in 3-4 years, says Isha Ambani
RIL AGM: Board to consider issuing 1:1 bonus shares on September 5
35 Indian fintechs prepare for IPO rush as market competition intensifies
Macrotech acquires Opexefi Services, One Box Warehouse for nearly Rs 100 cr
*Economic Times :*
Supreme Court clears way for NBCC to generate Rs 15,000 crore from Amrapali projects
Rooftop solar capacity growth in India rises 26 pc to 1.1 GW in Jan-Jun: Mercom Capital
Tyre exports from India rise 17 pc in Q1: ATMA
IREDA Board approves Rs 4,500 cr fundraise plan
Final guidelines on project loans likely in 2-3 months: RBI official
Retail inflation rates for farm, rural workers ease in July
Eicher to incentivise customers scrapping old vehicles for new ones
Jio aims to add a million broadband homes every month
Govt eases norms for listing on international exchanges within Gift City
Nvidia's subdued forecast dampens enthusiasm in AI chip stocks after steady rally
Kolkata port announces launch of cargo services between Haldia and UAE
Lupin launches generic cancer drug in US
*Mint :*
Fitch Ratings affirms India's sovereign debt rating at ‘BBB-’, outlook stable
Moody's Ratings upgrades India's GDP growth forecast to 7.2% in 2024
LIC gets GST demand penalty notice of ₹605.5 crore for FY20
Shipping Corporation of India receives ₹160 crore GST demand notice for FY2020
Finance ministry cuts mandatory public offering on IFSC bourses from 25% to 10%
VSL Finance to buy back 33 lakh shares worth ₹125 crore at ₹380 per share
MP govt attracts ₹8k crore investment at industry conclave
Soaring temperatures overtake rainfall as key driver of food inflation: Report
Hyundai hoping to regain market share as auto major's $3 billion India IPO looms
OpenAI in talks for funding round valuing it above $100 billion
GM delays Indiana EV battery factory but seals JV with Samsung
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Thursday 29 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
Mkt. Updates : @ALLIESFIN
GIFT Nifty -50 pts (25005) from last trade 25055 ,
Nikkei -173 pts ,
Hangseng -78 pts ,
Dow -159.08 pts ,Nsdq -198.79 pts, S&P
-33.62 pts , Bovespa +568 pts , Ftse -1 pts , Dax +100 pts , Cac +11 pts , Crude @ $74.48 brl (-0.04), Brent @ $78.65 brl (-0.00) , Gold @ 2540.60 (+2.80), Silver $29.155 (-0.04), Euro @ $1.1124, JPY @ $144.28, INR @ 83.935
US GOVT. 10-YR YIELD : 3.83%
Today's Corporate Action, 29 Aug Ex Date :
CLEAN
Final Dividend - Rs. - 3.0000
HONDAPOWER
Final Dividend - Rs. - 17.5000
IGPL
Final Dividend - Rs. - 7.5000
JAMNAAUTO
Final Dividend - Rs. - 1.3000
MULTIBASE
Final Dividend - Rs. - 3.0000
PDMJEPAPER
Dividend - Rs. - 0.6000
RADIANTCMS
Final Dividend - Rs. - 2.5000
30-Aug-24
BIRLAPREC
Final Dividend - Rs. - 0.0500
CAREERP
Interim Dividend - Rs. - 1.0000
DAICHI
Final Dividend - Rs. - 2.0000
GANESHHOUC
Final Dividend - Rs. - 11.0000
INDTONER
Buy Back of Shares
ITDC
Final Dividend - Rs. - 2.5200
JGTL
Dividend - Rs. - 2.5000
JSL
Final Dividend - Rs. - 2.0000
JTLIND
Final Dividend - Rs. - 0.2500
KAJARIACER
Final Dividend - Rs. - 6.0000
KAMAHOLD
Interim Dividend - Rs. - 16.0000
MOIL
Final Dividend - Rs. - 2.5500
NATFIT
Dividend - Rs. - 1.5000
NAVA
Interim Dividend - Rs. - 4.0000
NCC
Dividend - Rs. - 2.2000
OIL
Final Dividend - Rs. - 2.5000
PFC
Interim Dividend - Rs. - 3.2500
POEL
Final Dividend - Rs. - 2.5000
PREVEST
Final Dividend - Rs. - 1.0000
QUICKHEAL
Final Dividend - Rs. - 3.0000
ROHLTD
Final Dividend - Rs. - 2.5000
SALZERELEC
Dividend - Rs. - 2.5000
SARDAEN
Final Dividend - Rs. - 1.0000
SHYAMMETL
Final Dividend - Rs. - 2.7000
SRD
Final Dividend - Rs. - 0.0500
SUYOG
Final Dividend - Rs. - 1.2500
TVSSRICHAK
Dividend - Rs. - 47.3400
UFLEX
Dividend - Rs. - 1.0000
VIJAYA
Final Dividend - Rs. - 1.0000
WEIZMANIND
Buy Back of Shares
ZSWASTSA
Final Dividend - Rs. - 1.0000
Today's Key Results/Board Meetings, 29-Aug-24 :
ANSINDUS
A.G.M.;General
BAROEXT
General
DELTA
A.G.M.
ENBETRD
A.G.M.;General
FINKURVE
General
GILLETTE
Audited Results;Final Dividend
GOLDTECH
A.G.M.;General
GTV
General
IFINSER
Right Issue of Equity Shares
IREDA
General
MADHAVIPL
A.G.M.;Preferential Issue of shares
PACIFICI
A.G.M.;General
PGFOILQ
A.G.M.;General
POBS
A.G.M.
PRIMIND
A.G.M.;General
ROSEMER
Issue Of Warrants;General
STARLENT
A.G.M.;General
WARDWIZFBL
SEC. IN F&O BAN FOR, 29 August , 2024 :
1. BANDHANBNK 2. GRANULES 3. HINDCOPPER 4. INDIACEM
ADDITION : BANDHANBNK, GRANULES
DELETION : BALRAMCHIN, BSOFT,
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
GIFT Nifty -50 pts (25005) from last trade 25055 ,
Nikkei -173 pts ,
Hangseng -78 pts ,
Dow -159.08 pts ,Nsdq -198.79 pts, S&P
-33.62 pts , Bovespa +568 pts , Ftse -1 pts , Dax +100 pts , Cac +11 pts , Crude @ $74.48 brl (-0.04), Brent @ $78.65 brl (-0.00) , Gold @ 2540.60 (+2.80), Silver $29.155 (-0.04), Euro @ $1.1124, JPY @ $144.28, INR @ 83.935
US GOVT. 10-YR YIELD : 3.83%
Today's Corporate Action, 29 Aug Ex Date :
CLEAN
Final Dividend - Rs. - 3.0000
HONDAPOWER
Final Dividend - Rs. - 17.5000
IGPL
Final Dividend - Rs. - 7.5000
JAMNAAUTO
Final Dividend - Rs. - 1.3000
MULTIBASE
Final Dividend - Rs. - 3.0000
PDMJEPAPER
Dividend - Rs. - 0.6000
RADIANTCMS
Final Dividend - Rs. - 2.5000
30-Aug-24
BIRLAPREC
Final Dividend - Rs. - 0.0500
CAREERP
Interim Dividend - Rs. - 1.0000
DAICHI
Final Dividend - Rs. - 2.0000
GANESHHOUC
Final Dividend - Rs. - 11.0000
INDTONER
Buy Back of Shares
ITDC
Final Dividend - Rs. - 2.5200
JGTL
Dividend - Rs. - 2.5000
JSL
Final Dividend - Rs. - 2.0000
JTLIND
Final Dividend - Rs. - 0.2500
KAJARIACER
Final Dividend - Rs. - 6.0000
KAMAHOLD
Interim Dividend - Rs. - 16.0000
MOIL
Final Dividend - Rs. - 2.5500
NATFIT
Dividend - Rs. - 1.5000
NAVA
Interim Dividend - Rs. - 4.0000
NCC
Dividend - Rs. - 2.2000
OIL
Final Dividend - Rs. - 2.5000
PFC
Interim Dividend - Rs. - 3.2500
POEL
Final Dividend - Rs. - 2.5000
PREVEST
Final Dividend - Rs. - 1.0000
QUICKHEAL
Final Dividend - Rs. - 3.0000
ROHLTD
Final Dividend - Rs. - 2.5000
SALZERELEC
Dividend - Rs. - 2.5000
SARDAEN
Final Dividend - Rs. - 1.0000
SHYAMMETL
Final Dividend - Rs. - 2.7000
SRD
Final Dividend - Rs. - 0.0500
SUYOG
Final Dividend - Rs. - 1.2500
TVSSRICHAK
Dividend - Rs. - 47.3400
UFLEX
Dividend - Rs. - 1.0000
VIJAYA
Final Dividend - Rs. - 1.0000
WEIZMANIND
Buy Back of Shares
ZSWASTSA
Final Dividend - Rs. - 1.0000
Today's Key Results/Board Meetings, 29-Aug-24 :
ANSINDUS
A.G.M.;General
BAROEXT
General
DELTA
A.G.M.
ENBETRD
A.G.M.;General
FINKURVE
General
GILLETTE
Audited Results;Final Dividend
GOLDTECH
A.G.M.;General
GTV
General
IFINSER
Right Issue of Equity Shares
IREDA
General
MADHAVIPL
A.G.M.;Preferential Issue of shares
PACIFICI
A.G.M.;General
PGFOILQ
A.G.M.;General
POBS
A.G.M.
PRIMIND
A.G.M.;General
ROSEMER
Issue Of Warrants;General
STARLENT
A.G.M.;General
WARDWIZFBL
SEC. IN F&O BAN FOR, 29 August , 2024 :
1. BANDHANBNK 2. GRANULES 3. HINDCOPPER 4. INDIACEM
ADDITION : BANDHANBNK, GRANULES
DELETION : BALRAMCHIN, BSOFT,
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Wednesday 28 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
28.08.2024 - Today's Banking / Financial News at a Glance
BoB mops up ₹5,000 crore via 10-year infra bond at 7.30% : Bank of Baroda (BoB) has raised ₹5,000 crore through 10 year infrastructure bonds at a coupon rate of 7.30 per cent. The public sector bank received a total of 146 bids amounting to ₹15,020 crore against the total issue size of ₹5,000 crore (base issue of ₹2,000 crore and greenshoe option to retain over-subscription up to ₹3,000 crore). “This (over-subscription) translates into subscription of 7.5 times the base issue size and 3 times the total issue size. These bonds are senior, unsecured, listed, rated, taxable bonds, having a fixed maturity of 10 years from the date of allotment. The allotment of the bonds took place on 27th August, 2024,” BoB said in a statement. The bonds are rated ‘AAA’ with a Stable outlook by CRISIL and India Ratings, it added. - Business Line.
Yes Bank ties up with Newtap Finance to Offer Financing Solutions : Private sector lender Yes Bank, has entered into a co-lending partnership with Newtap Finance to provide personalised financing solutions to creditworthy individuals on CRED. Dreamplug Technologies Private Limited (DTPL), which operates CRED, will serve as the Lending Service Provider (LSP) for Yes Bank and Newtap Finance in this partnership. “The collaboration with Newtap Finance and CRED aligns perfectly with our strategy of leveraging fintech partnerships to drive quality growth,” said Rajan Pental, Executive Director, Yes Bank. “With this collaboration, we are poised to deliver unparalleled value to our customers, particularly in the affluent and emerging affluent segments. This partnership is not just a testament the Bank's digital prowess, but also a step forward in enhancing our personal loan portfolio with a robust and efficient low Opex model.” - economic times.
Paytm Money appoints NV Srinivasan as Independent Director : Paytm Money Ltd (PML), a wholly-owned subsidiary of One97 Communications Ltd (OCL), has appointed Narasinganallore Venkatesh Srinivasan as Non-Executive Independent Director. With a career spanning over four decades, Srinivasan brings extensive experience in finance, risk management, capital markets and banking strategy. He was previously the Chief Executive Officer of the Association of Mutual Funds in India (AMFI). - Business Line.
Will open 30 million Jan-Dhan accounts this FY, says FM Sitharaman : On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Finance Minister Nirmala Sitharaman announced that the government aims to open over 30 million new PMJDY accounts during 2024-25. Briefing reporters, Sitharaman revealed that as of August 14, 2024, a total of 531.3 million Jan-Dhan accounts have been opened since the scheme’s launch a decade ago, with a cumulative deposit balance of Rs 2.3 trillion. The average balance per account has increased from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Roughly 80 per cent of these accounts are currently active. PMJDY has played a crucial role during the pandemic, especially for women,” said Sitharaman. - Business Standard
Shriram Finance plans to raise up to $1.5 bn from overseas, CEO says : Indian non-banking lender Shriram Finance plans to raise up to $1.5 billion from the overseas market in the current fiscal year in a bid to diversify its borrowings, its chief executive told Reuters on Tuesday. "We are targeting to raise anywhere between $1.25 billion to $1.5 billion (in fiscal year 2024-25)," CEO and Managing Director Y S Chakravarti said. The fundraise will be through a combination of loans and bonds, he said. - economic times.
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
BoB mops up ₹5,000 crore via 10-year infra bond at 7.30% : Bank of Baroda (BoB) has raised ₹5,000 crore through 10 year infrastructure bonds at a coupon rate of 7.30 per cent. The public sector bank received a total of 146 bids amounting to ₹15,020 crore against the total issue size of ₹5,000 crore (base issue of ₹2,000 crore and greenshoe option to retain over-subscription up to ₹3,000 crore). “This (over-subscription) translates into subscription of 7.5 times the base issue size and 3 times the total issue size. These bonds are senior, unsecured, listed, rated, taxable bonds, having a fixed maturity of 10 years from the date of allotment. The allotment of the bonds took place on 27th August, 2024,” BoB said in a statement. The bonds are rated ‘AAA’ with a Stable outlook by CRISIL and India Ratings, it added. - Business Line.
Yes Bank ties up with Newtap Finance to Offer Financing Solutions : Private sector lender Yes Bank, has entered into a co-lending partnership with Newtap Finance to provide personalised financing solutions to creditworthy individuals on CRED. Dreamplug Technologies Private Limited (DTPL), which operates CRED, will serve as the Lending Service Provider (LSP) for Yes Bank and Newtap Finance in this partnership. “The collaboration with Newtap Finance and CRED aligns perfectly with our strategy of leveraging fintech partnerships to drive quality growth,” said Rajan Pental, Executive Director, Yes Bank. “With this collaboration, we are poised to deliver unparalleled value to our customers, particularly in the affluent and emerging affluent segments. This partnership is not just a testament the Bank's digital prowess, but also a step forward in enhancing our personal loan portfolio with a robust and efficient low Opex model.” - economic times.
Paytm Money appoints NV Srinivasan as Independent Director : Paytm Money Ltd (PML), a wholly-owned subsidiary of One97 Communications Ltd (OCL), has appointed Narasinganallore Venkatesh Srinivasan as Non-Executive Independent Director. With a career spanning over four decades, Srinivasan brings extensive experience in finance, risk management, capital markets and banking strategy. He was previously the Chief Executive Officer of the Association of Mutual Funds in India (AMFI). - Business Line.
Will open 30 million Jan-Dhan accounts this FY, says FM Sitharaman : On the eve of the 10th anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Union Finance Minister Nirmala Sitharaman announced that the government aims to open over 30 million new PMJDY accounts during 2024-25. Briefing reporters, Sitharaman revealed that as of August 14, 2024, a total of 531.3 million Jan-Dhan accounts have been opened since the scheme’s launch a decade ago, with a cumulative deposit balance of Rs 2.3 trillion. The average balance per account has increased from Rs 1,065 in March 2015 to Rs 4,352 as of August 16, 2024. Roughly 80 per cent of these accounts are currently active. PMJDY has played a crucial role during the pandemic, especially for women,” said Sitharaman. - Business Standard
Shriram Finance plans to raise up to $1.5 bn from overseas, CEO says : Indian non-banking lender Shriram Finance plans to raise up to $1.5 billion from the overseas market in the current fiscal year in a bid to diversify its borrowings, its chief executive told Reuters on Tuesday. "We are targeting to raise anywhere between $1.25 billion to $1.5 billion (in fiscal year 2024-25)," CEO and Managing Director Y S Chakravarti said. The fundraise will be through a combination of loans and bonds, he said. - economic times.
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*News Headlines from Business News Agencies :*
*Business Standard :*
Canara Bank mops up Rs 3,000 crore in additional Tier-I bonds at 8.27%
National Infrastructure Trust to raise Rs 1,600 crore through IPO
CIL's contribution to govt exchequer rises 2% to Rs 20,072 cr in Apr-Jul
Global Real Estate Transparency Index 2024: India ranks 31; UK leads list
Zee, Sony reach non-cash agreement to settle disputes over merger
India's tier-1 real estate market becomes transparent for the first time
TCS launches Pace Studio in Philippines to drive digital innovation
Kalpataru gets notice from Afghan govt for not submitting tax declarations
Byju's foreign investors ask SC to hear their concerns in insolvency case
India-Oman free trade pact talks at advanced stage, says Ambassador Narang
NeoLiv ties up with Royal Green Realty to develop Rs 600 cr housing project
*Economic Times :*
Naredco urges housing ministry to provide relief to real estate developers in NCR
ZF Wind Power's Tamil Nadu plant rolls out 50 GW of wind gearboxes
HSBC ramps up funding corpus for tech startups to $600 million from $250 million
Airtel to shut down Wynk Music app, absorb all employee
China's JD. com announces $5 billion share buyback plan
Indian solar panels face US scrutiny for possible links to China forced labour
Mytek Innovations aims to raise $10 million, treble order book of Rs 729 cr by FY25
Shriram Finance plans to raise up to $1.5 bn from overseas, CEO says
Elan Group gives Rs 500 cr contract to Leighton Asia to build mall in Gurugram
Yes Bank ties up with Newtap Finance to Offer Financing Solutions
Over 40% consumers use digital payment every day in Tier 3-6 cities: Report
*Mint :*
HUL receives ₹962 crore tax notice over TDS dispute GlaxoSmithKline deal
RCap to be rebranded under IndusInd after takeover, Hindujas tell NCLT
Maruti Suzuki's new plant faces minor delay, production to begin by 2025-26
India’s biodiversity can help it leap ahead in synthetic biology
Bisleri CEO pushes for water credits to tackle India's water scarcity
Apple's India expansion to create over 600,000 jobs: Report
Shilpa Medicare gets US FDA approval for Bortezomib Injection
Religare CFO Nitin Aggarwal said to have quit, company yet to notify exchanges
AM Green reaches final investment decision on its green ammonia project
Brazil to Give Regulator More Control Over Natural Gas Projects
LG Electronics weighs India IPO to help chase $75 billion goal
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Business Standard :*
Canara Bank mops up Rs 3,000 crore in additional Tier-I bonds at 8.27%
National Infrastructure Trust to raise Rs 1,600 crore through IPO
CIL's contribution to govt exchequer rises 2% to Rs 20,072 cr in Apr-Jul
Global Real Estate Transparency Index 2024: India ranks 31; UK leads list
Zee, Sony reach non-cash agreement to settle disputes over merger
India's tier-1 real estate market becomes transparent for the first time
TCS launches Pace Studio in Philippines to drive digital innovation
Kalpataru gets notice from Afghan govt for not submitting tax declarations
Byju's foreign investors ask SC to hear their concerns in insolvency case
India-Oman free trade pact talks at advanced stage, says Ambassador Narang
NeoLiv ties up with Royal Green Realty to develop Rs 600 cr housing project
*Economic Times :*
Naredco urges housing ministry to provide relief to real estate developers in NCR
ZF Wind Power's Tamil Nadu plant rolls out 50 GW of wind gearboxes
HSBC ramps up funding corpus for tech startups to $600 million from $250 million
Airtel to shut down Wynk Music app, absorb all employee
China's JD. com announces $5 billion share buyback plan
Indian solar panels face US scrutiny for possible links to China forced labour
Mytek Innovations aims to raise $10 million, treble order book of Rs 729 cr by FY25
Shriram Finance plans to raise up to $1.5 bn from overseas, CEO says
Elan Group gives Rs 500 cr contract to Leighton Asia to build mall in Gurugram
Yes Bank ties up with Newtap Finance to Offer Financing Solutions
Over 40% consumers use digital payment every day in Tier 3-6 cities: Report
*Mint :*
HUL receives ₹962 crore tax notice over TDS dispute GlaxoSmithKline deal
RCap to be rebranded under IndusInd after takeover, Hindujas tell NCLT
Maruti Suzuki's new plant faces minor delay, production to begin by 2025-26
India’s biodiversity can help it leap ahead in synthetic biology
Bisleri CEO pushes for water credits to tackle India's water scarcity
Apple's India expansion to create over 600,000 jobs: Report
Shilpa Medicare gets US FDA approval for Bortezomib Injection
Religare CFO Nitin Aggarwal said to have quit, company yet to notify exchanges
AM Green reaches final investment decision on its green ammonia project
Brazil to Give Regulator More Control Over Natural Gas Projects
LG Electronics weighs India IPO to help chase $75 billion goal
By: ۞ A X i T D S H A H ۞ via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Tuesday 27 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*India Daybook – Stocks in News*
*Ceigall:* Net Profit at Rs 79.4 crore versus Rs 44.2 crore, Revenue at Rs 820 crore versus Rs 650 crore YoY (Positive)
*KPI Green Energy:* Company arm wins orders for 13.30 MW solar projects. (Positive)
*Sameera Ind:* Company approved Issue of Bonus Shares in Ratio Of 4:1. (Positive)
*Jai Corp:* Company gets intimation of merger of promoter Pet Fibers with Mega Pipes (Positive)
*EFC Limited:* Company secures Design and Build Contract with Tata Consultancy Services. (Positive)
*UCAL:* Company signs MOU with Blaer motors Pvt ltd for collaborative product design and development on motor controller (Positive)
*Exhicon:* Company has acquired a 76% majority stake in Perfect Octave Limited for a total consideration of INR 8.52 crores (Positive)
*QMS Medical:* Company board meeting on AUG 29 to consider the proposal for fund raising. (Positive)
*Ultratech cement:* Company announced that it has successfully raised US$500 million through a sustainability-linked loan with participation from six banks. (Positive)
*Solar stocks:* By June 2024, India's total installed solar capacity reached 87.2 GW. (Positive)
*Oil upstream stocks:* Crude jumped overnight as Libya Eastern government says it will stop all oil production and exports. (Positive)
*GRM Overseas:* Company launched strategic platform 10X Ventures. (Positive)
*Raymond:* Company targets CAGR of 12-15%/16-17% in revenue/EBITDA, over FY24-28 (Positive)
*Medi Assist:* Company to acquire 100% stake in Paramount TPA of equity value of Rs 400cr (Positive)
*Rama Steel:* EBISU Global Opportunities Fund bought 3 cr shares at Rs 10 (Positive)
*Interarch Building:* BOFA Securities Europe SA bought 1.3 lk shares at `1,287.75 (Positive)
*AU Small Bank:* Morgan Stanley, SocGen pick stake while Fincare Business sells 1.7 pc stake for Rs 803 cr (Positive)
*HCL Tech:* Company and Xerox extend agreement to drive innovation with AI and digital engineering. (Positive)
*Bondada:* Company said it has been awarded a contract valued at ₹576 crore to execute solar power projects across various districts in Maharashtra. (Positive)
*Vascon Engineers:* Company plans to boost its real-estate business over the next two years. (Positive)
*Adani Power:* Company incorporates wholly-owned subsidiary Adani Power Middle East in Abu Dhabi. (Neutral)
*Repro India:* Ashish Kacholia sold 75,000 shares at Rs 62. (Neutral)
*Fusion Micro:* CRISIL has revised outlook of the company from Stable to Negative Rating Reaffirmed at Crisil A+ (Neutral)
*Paytm:* Company issued clarification that news is not a new development, previously disclosed, Paytm reaffirms compliance & transparency. (Neutral)
*PI Industries:* Company names Sanjay Agarwal as group CFO, effective from 26th, AUG, 2024 (Neutral)
*Vijaya Diagnostic:* Sheshadri Vasan resigns as COO of company, effective November 6. (Neutral)
*Saurashtra Cement:* Company kiln situated at the Ranavav plant Gujarat was under shut down for the annual maintenance from AUG 2 for about 25 days (Neutral)
*GPT Infra:* Company launches QIP, sets floor price at ₹183.83/sh (Neutral)
*Insurance companies:* IRDAI calls for affordable insurance premiums amid surging prices (Neutral)
*Bank of Baroda:* Bank issued the 10-year bonds at competitive rate as participants expected cutoff rate of around 7.32–7.34%. (Neutral)
*Vishnu Chemicals:* Visakhapatnam plant to be shut for scheduled maintenance for two weeks. (Neutral)
*HDFC Bank:* Partners with Zeta for credit line on UPI offerings (Neutral)
*Glnad Pharma:* Qiyu Chen shall cease to continue as a director of the company. (Neutral)
*Yes Bank:* Sumit Bali appointed as conuntry head-retail assets (Neutral)
*Zydus Life:* Clarifies THAT impact factored in sales/ebitda expectations for FY25 (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Ceigall:* Net Profit at Rs 79.4 crore versus Rs 44.2 crore, Revenue at Rs 820 crore versus Rs 650 crore YoY (Positive)
*KPI Green Energy:* Company arm wins orders for 13.30 MW solar projects. (Positive)
*Sameera Ind:* Company approved Issue of Bonus Shares in Ratio Of 4:1. (Positive)
*Jai Corp:* Company gets intimation of merger of promoter Pet Fibers with Mega Pipes (Positive)
*EFC Limited:* Company secures Design and Build Contract with Tata Consultancy Services. (Positive)
*UCAL:* Company signs MOU with Blaer motors Pvt ltd for collaborative product design and development on motor controller (Positive)
*Exhicon:* Company has acquired a 76% majority stake in Perfect Octave Limited for a total consideration of INR 8.52 crores (Positive)
*QMS Medical:* Company board meeting on AUG 29 to consider the proposal for fund raising. (Positive)
*Ultratech cement:* Company announced that it has successfully raised US$500 million through a sustainability-linked loan with participation from six banks. (Positive)
*Solar stocks:* By June 2024, India's total installed solar capacity reached 87.2 GW. (Positive)
*Oil upstream stocks:* Crude jumped overnight as Libya Eastern government says it will stop all oil production and exports. (Positive)
*GRM Overseas:* Company launched strategic platform 10X Ventures. (Positive)
*Raymond:* Company targets CAGR of 12-15%/16-17% in revenue/EBITDA, over FY24-28 (Positive)
*Medi Assist:* Company to acquire 100% stake in Paramount TPA of equity value of Rs 400cr (Positive)
*Rama Steel:* EBISU Global Opportunities Fund bought 3 cr shares at Rs 10 (Positive)
*Interarch Building:* BOFA Securities Europe SA bought 1.3 lk shares at `1,287.75 (Positive)
*AU Small Bank:* Morgan Stanley, SocGen pick stake while Fincare Business sells 1.7 pc stake for Rs 803 cr (Positive)
*HCL Tech:* Company and Xerox extend agreement to drive innovation with AI and digital engineering. (Positive)
*Bondada:* Company said it has been awarded a contract valued at ₹576 crore to execute solar power projects across various districts in Maharashtra. (Positive)
*Vascon Engineers:* Company plans to boost its real-estate business over the next two years. (Positive)
*Adani Power:* Company incorporates wholly-owned subsidiary Adani Power Middle East in Abu Dhabi. (Neutral)
*Repro India:* Ashish Kacholia sold 75,000 shares at Rs 62. (Neutral)
*Fusion Micro:* CRISIL has revised outlook of the company from Stable to Negative Rating Reaffirmed at Crisil A+ (Neutral)
*Paytm:* Company issued clarification that news is not a new development, previously disclosed, Paytm reaffirms compliance & transparency. (Neutral)
*PI Industries:* Company names Sanjay Agarwal as group CFO, effective from 26th, AUG, 2024 (Neutral)
*Vijaya Diagnostic:* Sheshadri Vasan resigns as COO of company, effective November 6. (Neutral)
*Saurashtra Cement:* Company kiln situated at the Ranavav plant Gujarat was under shut down for the annual maintenance from AUG 2 for about 25 days (Neutral)
*GPT Infra:* Company launches QIP, sets floor price at ₹183.83/sh (Neutral)
*Insurance companies:* IRDAI calls for affordable insurance premiums amid surging prices (Neutral)
*Bank of Baroda:* Bank issued the 10-year bonds at competitive rate as participants expected cutoff rate of around 7.32–7.34%. (Neutral)
*Vishnu Chemicals:* Visakhapatnam plant to be shut for scheduled maintenance for two weeks. (Neutral)
*HDFC Bank:* Partners with Zeta for credit line on UPI offerings (Neutral)
*Glnad Pharma:* Qiyu Chen shall cease to continue as a director of the company. (Neutral)
*Yes Bank:* Sumit Bali appointed as conuntry head-retail assets (Neutral)
*Zydus Life:* Clarifies THAT impact factored in sales/ebitda expectations for FY25 (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Monday 26 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*Instl. Investors EQUITY Cash Trades PROV. - 26/08/2024 : Rs. CRS. :*
*FIIS : BUY +483 (12,749-12,266)*
*DIIS : BUY +1,870 (13,045-11,175)*
*SEC. IN F&O BAN FOR, 27 August , 2024 :*
*1. AARTIIND 2. ABFRL 3. BALRAMCHIN 4. BSOFT 5. CHAMBLFERT 6. IEX 7. INDIACEM 8. RBLBANK*
*ADDITION : NIL,*
*DELETION :GNFC, GRANULES, HINDCOPPER, NATIONALUM, SUNTV*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*FIIS : BUY +483 (12,749-12,266)*
*DIIS : BUY +1,870 (13,045-11,175)*
*SEC. IN F&O BAN FOR, 27 August , 2024 :*
*1. AARTIIND 2. ABFRL 3. BALRAMCHIN 4. BSOFT 5. CHAMBLFERT 6. IEX 7. INDIACEM 8. RBLBANK*
*ADDITION : NIL,*
*DELETION :GNFC, GRANULES, HINDCOPPER, NATIONALUM, SUNTV*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
India Daybook – Stocks in News
FDC: US FDA Inspection for Baddi, Himachal Pradesh Unit Completed With Zero Observations (Positive)
JSW Energy: Arm JSW Neo Energy gets LoA for 250 mw grid-connected wind power project from Adani Electricity Mumbai. (Positive)
Kec International: Company wins new orders of Rs. 1,079 cr in transmission & distribution and cables businesses. (Positive)
Lemon Tree Hotels: Company signs license pact for 175-room property in Surat, Gujarat (Positive)
Cyient: Company incorporates subsidiary, Cyient Semi-conductors. (Positive)
Uno Minda: Sets up new manufacturing plant at Neemrana, Rajasthan (Positive)
Alstone textiles: Company approved issuance of 5 billion shares, issuance of shares to non-promoters on preferential basis; approved raising of fund up to Rs 10 billion (Positive)
Symphony: Company arm incorporates China-based unit Dongguan GSK Appliances. (Positive)
Shyam metalics: Company says acquisition of 100% stake in SMEL steel structural Pvt Ltd by unit Shyam sel and power ltd, entity being acquired belongs to manufacturing of various metal and metal products. (Positive)
Ambuja Cements: GQG Partners Emerging Markets Equity Fund bought 2.68 crore shares of Ambuja Cements (1.08%) at Rs 625.5 apiece. (Positive)
Zydus Life: Company to acquire 50% stake in Sterling Biotech from Perfect Day (Positive)
Ashoka Buildcon: Company emerges lowest bidder for MMRDA project worth Rs 478 cr (Positive)
IDFC: Gets Income tax Refund of ₹202.55 crore for assessment year 2023 – 2024 (Positive)
Karur Vysya Bank: RBI approves SBI Mutual Fund’s proposal to acquire 9.99% stake in Bank (Positive)
ONGC: Company started production from its 5th Oil Well in Block KG-DWN-98/2 Cluster-2 Asset Of Deepwater Block in Krishna River (Positive)
Hero MotoCorp: Hero Motors, the flagship auto components company of the group has filed its IPO papers with SEBI (Positive)
Trent, Bharat Electronics: NSE to add Trent, Bharat Electronics to Nifty 50 Index effective Sept 30 (Positive)
Alembic Pharma: Company gets U.S. FDA final approval for ANDA of Betamethasone Valerate Foam. (Positive)
REC: Company has inked an initial pact to provide up to Rs 45,000 crore financing to various Jawaharlal Nehru Port Authority projects. (Positive)
Vascon Engineers: Company plans to boost its real-estate business over the next two years. (Positive)
Jio Fin: Company received approval for foreign investment limit of 49% of the paid-up capital of the Company. (Positive)
PTC India: Company acquires Hot rolled mill to boost Titanium Alloy plates manufacturing. (Positive)
FTSE announces changes to FTSE all cap and all world indices. Bank Of Maharashtra, Bharat Dynamics, Central Bank Of India, Cochin Shipyard, Escorts, Endurance, GE T&D, HUDCO, IRB Infra, KEI, Hitachi and Llyod metals added to the list (Positive)
Varroc Engineering: Company issued commercial paper for up to Rs. 500 Million (Neutral)
Elpro international: Company acquired equity shares of central depository services, cost of acquisition Rs 142.2 Million (Neutral)
IDFC: Company gets Income Tax Refund of ₹202.55 crores (comprising Tax of Rs. 189.25 crores and Interest of ₹13.30 crores) for Assessment Year 2023-24. (Neutral)
TCC Infotech: Company has completed acquisition of natural environment solutions private industry to which the entity being acquired belongs to data centre (Neutral)
Vardhman textiles: Company issues clarification regarding winning of textile contract of Rs 30 Billion, Company doesn't have JV with manomay tex india in relation to said contract (Neutral)
Dr Reddy's Lab: USFDA completed a product-specific Pre-Approval Inspection at formulations manufacturing facility in Srikakulam, Andhra Pradesh. USFDA issued a form 483 with three observations (Neutral)
Zen Technologies: Company closes QIP, sets issue price at Rs 1,601/share: (Neutral)
SBI: Bank plans to raise up to Rs 7,500 crore by issuing tier-II bonds by the end of August. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
FDC: US FDA Inspection for Baddi, Himachal Pradesh Unit Completed With Zero Observations (Positive)
JSW Energy: Arm JSW Neo Energy gets LoA for 250 mw grid-connected wind power project from Adani Electricity Mumbai. (Positive)
Kec International: Company wins new orders of Rs. 1,079 cr in transmission & distribution and cables businesses. (Positive)
Lemon Tree Hotels: Company signs license pact for 175-room property in Surat, Gujarat (Positive)
Cyient: Company incorporates subsidiary, Cyient Semi-conductors. (Positive)
Uno Minda: Sets up new manufacturing plant at Neemrana, Rajasthan (Positive)
Alstone textiles: Company approved issuance of 5 billion shares, issuance of shares to non-promoters on preferential basis; approved raising of fund up to Rs 10 billion (Positive)
Symphony: Company arm incorporates China-based unit Dongguan GSK Appliances. (Positive)
Shyam metalics: Company says acquisition of 100% stake in SMEL steel structural Pvt Ltd by unit Shyam sel and power ltd, entity being acquired belongs to manufacturing of various metal and metal products. (Positive)
Ambuja Cements: GQG Partners Emerging Markets Equity Fund bought 2.68 crore shares of Ambuja Cements (1.08%) at Rs 625.5 apiece. (Positive)
Zydus Life: Company to acquire 50% stake in Sterling Biotech from Perfect Day (Positive)
Ashoka Buildcon: Company emerges lowest bidder for MMRDA project worth Rs 478 cr (Positive)
IDFC: Gets Income tax Refund of ₹202.55 crore for assessment year 2023 – 2024 (Positive)
Karur Vysya Bank: RBI approves SBI Mutual Fund’s proposal to acquire 9.99% stake in Bank (Positive)
ONGC: Company started production from its 5th Oil Well in Block KG-DWN-98/2 Cluster-2 Asset Of Deepwater Block in Krishna River (Positive)
Hero MotoCorp: Hero Motors, the flagship auto components company of the group has filed its IPO papers with SEBI (Positive)
Trent, Bharat Electronics: NSE to add Trent, Bharat Electronics to Nifty 50 Index effective Sept 30 (Positive)
Alembic Pharma: Company gets U.S. FDA final approval for ANDA of Betamethasone Valerate Foam. (Positive)
REC: Company has inked an initial pact to provide up to Rs 45,000 crore financing to various Jawaharlal Nehru Port Authority projects. (Positive)
Vascon Engineers: Company plans to boost its real-estate business over the next two years. (Positive)
Jio Fin: Company received approval for foreign investment limit of 49% of the paid-up capital of the Company. (Positive)
PTC India: Company acquires Hot rolled mill to boost Titanium Alloy plates manufacturing. (Positive)
FTSE announces changes to FTSE all cap and all world indices. Bank Of Maharashtra, Bharat Dynamics, Central Bank Of India, Cochin Shipyard, Escorts, Endurance, GE T&D, HUDCO, IRB Infra, KEI, Hitachi and Llyod metals added to the list (Positive)
Varroc Engineering: Company issued commercial paper for up to Rs. 500 Million (Neutral)
Elpro international: Company acquired equity shares of central depository services, cost of acquisition Rs 142.2 Million (Neutral)
IDFC: Company gets Income Tax Refund of ₹202.55 crores (comprising Tax of Rs. 189.25 crores and Interest of ₹13.30 crores) for Assessment Year 2023-24. (Neutral)
TCC Infotech: Company has completed acquisition of natural environment solutions private industry to which the entity being acquired belongs to data centre (Neutral)
Vardhman textiles: Company issues clarification regarding winning of textile contract of Rs 30 Billion, Company doesn't have JV with manomay tex india in relation to said contract (Neutral)
Dr Reddy's Lab: USFDA completed a product-specific Pre-Approval Inspection at formulations manufacturing facility in Srikakulam, Andhra Pradesh. USFDA issued a form 483 with three observations (Neutral)
Zen Technologies: Company closes QIP, sets issue price at Rs 1,601/share: (Neutral)
SBI: Bank plans to raise up to Rs 7,500 crore by issuing tier-II bonds by the end of August. (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 :*
IndoStar Capital invites counterbids to sell Rs 357 cr of stressed loans
Suraksha Group invests Rs 250 cr in Jaypee Infratech, secures Rs 3K cr loan
Bikaji Foods International acquires majority stake of 55% in Ariba Foods
India's silver imports to double on rising demand for solar, investment
CARE Ratings settles CRA rules violation case with Sebi; pays Rs 13 lakh
Irdai forms task force to tackle challenges, boost growth of surety bonds
Global electronics maker Foxconn infuses Rs 1,200 crore in Karnataka unit
Tribeca picks 4 Indian cities for Trump Towers in FY26, seeks new deals
Net SIP inflow data is not comparable with gross figures, says Amfi
Viacom18 gains the highest-ever viewership for Olympics in India
Nestle CEO joins line of consumer bosses felled by rising living cost
Fintech firm Axio raises $20 million from Amazon Smbhav Venture Fund
M3M India reports 37% increase in real estate sales in June quarter
*Economic Times :*
Peak power demand to grow by 15GW/year for next 6 years: Govt Official
SBI able to support loan growth, lower deposit growth not a challenge: Dinesh Khara
Coca-Cola appoints Greishma Singh as new market head for India Southwest Asia
India steel market hit by unfair imports, dumping amid slump in China: former steel secy
India's Forex reserves increase by $4.54 billion to $674.66 billion as of August 16
Govt bans 156 medicines including antibiotics, painkillers, multivitamins
Govt seeks proposals for setting up e-commerce export hubs
Swiggy targets $15 billion valuation in IPO, sources say
Tata Tech sees block deal worth Rs 1,200 crore
India's July engineering exports see 3.66% boost, but Shipments to Bangladesh decline by 12%
Tata Power Solar Systems, ICICI Bank tie up to finance solar units
McCoy Mart aims expansion into south, west India in 2024-2025
*Mint :*
India, Australia conclude tenth round of trade talks, next meeting in November
ONGC opens well in Krishna Godavari basin, Hardeep Puri says this
Infosys keen on acquisitions in data analytics, SAAS segments, says CEO
Novo Nordisk wants to boost India GCC capacity, but no plans for production unit
Vindhya Telelinks looks to hive off fibre infra biz, sell majority stake
EV slump hits big IT, but smaller research services companies shine
You can't use property without paying rent: Delhi HC rebukes SpiceJet, Singh
Indian companies junk private deals, take the IPO route for higher valuations
RCap lenders move NCLAT for forfeiture of funds in escrow account
US approves sale of anti-submarine warfare Sonobuoys to India
India only APAC nation to log double-digit growth of FMCG, tech durables: Report
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Business Standard :*
IndoStar Capital invites counterbids to sell Rs 357 cr of stressed loans
Suraksha Group invests Rs 250 cr in Jaypee Infratech, secures Rs 3K cr loan
Bikaji Foods International acquires majority stake of 55% in Ariba Foods
India's silver imports to double on rising demand for solar, investment
CARE Ratings settles CRA rules violation case with Sebi; pays Rs 13 lakh
Irdai forms task force to tackle challenges, boost growth of surety bonds
Global electronics maker Foxconn infuses Rs 1,200 crore in Karnataka unit
Tribeca picks 4 Indian cities for Trump Towers in FY26, seeks new deals
Net SIP inflow data is not comparable with gross figures, says Amfi
Viacom18 gains the highest-ever viewership for Olympics in India
Nestle CEO joins line of consumer bosses felled by rising living cost
Fintech firm Axio raises $20 million from Amazon Smbhav Venture Fund
M3M India reports 37% increase in real estate sales in June quarter
*Economic Times :*
Peak power demand to grow by 15GW/year for next 6 years: Govt Official
SBI able to support loan growth, lower deposit growth not a challenge: Dinesh Khara
Coca-Cola appoints Greishma Singh as new market head for India Southwest Asia
India steel market hit by unfair imports, dumping amid slump in China: former steel secy
India's Forex reserves increase by $4.54 billion to $674.66 billion as of August 16
Govt bans 156 medicines including antibiotics, painkillers, multivitamins
Govt seeks proposals for setting up e-commerce export hubs
Swiggy targets $15 billion valuation in IPO, sources say
Tata Tech sees block deal worth Rs 1,200 crore
India's July engineering exports see 3.66% boost, but Shipments to Bangladesh decline by 12%
Tata Power Solar Systems, ICICI Bank tie up to finance solar units
McCoy Mart aims expansion into south, west India in 2024-2025
*Mint :*
India, Australia conclude tenth round of trade talks, next meeting in November
ONGC opens well in Krishna Godavari basin, Hardeep Puri says this
Infosys keen on acquisitions in data analytics, SAAS segments, says CEO
Novo Nordisk wants to boost India GCC capacity, but no plans for production unit
Vindhya Telelinks looks to hive off fibre infra biz, sell majority stake
EV slump hits big IT, but smaller research services companies shine
You can't use property without paying rent: Delhi HC rebukes SpiceJet, Singh
Indian companies junk private deals, take the IPO route for higher valuations
RCap lenders move NCLAT for forfeiture of funds in escrow account
US approves sale of anti-submarine warfare Sonobuoys to India
India only APAC nation to log double-digit growth of FMCG, tech durables: Report
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Saturday 24 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
Pranam,
Dear Investors,
As we mark the 20th anniversary of our journey in the financial services industry, we want to extend our deepest gratitude to you. Your trust and support have been the cornerstone of our success.
Over the past two decades, we’ve had the privilege of guiding you through various financial milestones, helping you achieve your goals, and navigating the complexities of the financial world. Your loyalty and confidence in our services have been truly inspiring.
We are committed to continuing our tradition of excellence and innovation, always striving to provide you with the best financial advice and solutions. Your success is our success, and we look forward to many more years of partnership and prosperity together.
Thank you for being an integral part of our journey. Here’s to the next 20 years of growth, success, and shared achievements!
Warm regards,
Axit Dilip Shah
Founder
Allies Financial Services
Mobile +919869958999
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Dear Investors,
As we mark the 20th anniversary of our journey in the financial services industry, we want to extend our deepest gratitude to you. Your trust and support have been the cornerstone of our success.
Over the past two decades, we’ve had the privilege of guiding you through various financial milestones, helping you achieve your goals, and navigating the complexities of the financial world. Your loyalty and confidence in our services have been truly inspiring.
We are committed to continuing our tradition of excellence and innovation, always striving to provide you with the best financial advice and solutions. Your success is our success, and we look forward to many more years of partnership and prosperity together.
Thank you for being an integral part of our journey. Here’s to the next 20 years of growth, success, and shared achievements!
Warm regards,
Axit Dilip Shah
Founder
Allies Financial Services
Mobile +919869958999
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Friday 23 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
Key triggers on Friday:
Federal Reserve Chair Jerome Powell will deliver a speech at the Jackson Hole Economic Symposium tonight, where he is expected to provide insights into potential rate cuts starting next month. The market is likely to react to the outcome of Powell's speech when trading resumes on Monday.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Federal Reserve Chair Jerome Powell will deliver a speech at the Jackson Hole Economic Symposium tonight, where he is expected to provide insights into potential rate cuts starting next month. The market is likely to react to the outcome of Powell's speech when trading resumes on Monday.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
India Daybook Stocks in News
*BEL:* Company announced ₹695 crore order win for combat management systems (Positive)
*Wipro:* Company extends pact with John Lewis partnership to complete cloud transformation project. (Positive)
*Jain Irrigation:* Company signs MoU with Coffee Board of India for the commercial release of the advanced high quality, disease-resistant coffee plants to growers. (Positive)
*Lemon Tree Hotels:* Company signs a new property in shivpuri, Madhya Pradesh, this hotel will feature 50 well-appointed rooms, (Positive)
*Hindalco:* Company "Plan $10 Billion investment in India ops, Novelis expansion". (Positive)
*Akums Drugs:* Company has commenced its second production facility today for manufacturing of eye/ear drops (Positive)
*Prism Jhonson:* Company has entered into a shareholders agreement with sunbath sanitary private for investment of Rs 18.72 cr by subscribing to equity shares (Positive)
*Pulsar International:* Company Board has approved the issue Bonus shares out of free reserves to the existing equity Shareholders in the ratio 01:10. (Positive)
*Power Mech:* Company decided to issue bonus shares in the ratio of 1:1. (Positive)
*RailTel:* Company has received the work order from Uttar Pradesh Police Recruitment and Promotion Board for Service amounting to Rs. 52.6 Cr. (Positive)
*Bharti Airtel:* Company has GST demand of Rs 604.66 crore rectified to Rs 194 crore after filing an appeal. (Positive)
*Tech Mahindra:* Company to leverage AI to enhance aspects of engineering, supply chain, pre-sales and after-sales services for Mahindra & Mahindra. (Positive)
*Poly Medicure:* Company raises ₹1,000 crore by selling shares to at least major funds via QIP. (Neutral)
*Eris Lifesciences:* ChrysCapital offloads entire stake in company; Infinity Partners acquires shares for ₹1,187 crore (Neutral)
*Nestle:* Company names Laurent Freixe as CEO to succeed Mark Schneider. (Neutral)
*Bharat Forge:* Company to invest ₹105 crore in Kalyani Powertrain (Neutral)
*Shriram Finance:* Company approves sale of entire stake in Shri ram Housing Finance to Warburg affiliate. (Neutral)
*Nykaa:* Harindarpal Singh & Associates likely to sell up to 1.4% stake in Nykaa, floor price at Rs 198/share (Neutral)
*SRG Housing Finance:* Net profit at Rs 5.85 cr vs Rs 4.39 cr, Revenue at Rs. 33.98 cr vs Rs 26.85 cr (YoY). (Neutral)
*Zomato:* Company shuts down intercity 'Legends' after failing to find product-market fit (Neutral)
*Adani Power:* NCLT approves co’s resolution plan to buy Lanco Amarkantak Power. Cost of acquisition is ₹4,101 cr (Neutral)
*Ambuja Cement:* Promoter Entity Holderind to sell 2.84% stake in co via block deals. (Neutral)
*Alkem Laboratories:* Samprada and Nanhamati Singh Family Trust offloaded 8.5 lakh shares at Rs 5,732.15 apiece. (Neutral)
*SBI Life:* Company gets tax and penalty demand worth Rs 239 crore from Haryana tax authority (Neutral)
*Canara Bank:* Invited bids for its tier-I bond issue on August 27. (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*BEL:* Company announced ₹695 crore order win for combat management systems (Positive)
*Wipro:* Company extends pact with John Lewis partnership to complete cloud transformation project. (Positive)
*Jain Irrigation:* Company signs MoU with Coffee Board of India for the commercial release of the advanced high quality, disease-resistant coffee plants to growers. (Positive)
*Lemon Tree Hotels:* Company signs a new property in shivpuri, Madhya Pradesh, this hotel will feature 50 well-appointed rooms, (Positive)
*Hindalco:* Company "Plan $10 Billion investment in India ops, Novelis expansion". (Positive)
*Akums Drugs:* Company has commenced its second production facility today for manufacturing of eye/ear drops (Positive)
*Prism Jhonson:* Company has entered into a shareholders agreement with sunbath sanitary private for investment of Rs 18.72 cr by subscribing to equity shares (Positive)
*Pulsar International:* Company Board has approved the issue Bonus shares out of free reserves to the existing equity Shareholders in the ratio 01:10. (Positive)
*Power Mech:* Company decided to issue bonus shares in the ratio of 1:1. (Positive)
*RailTel:* Company has received the work order from Uttar Pradesh Police Recruitment and Promotion Board for Service amounting to Rs. 52.6 Cr. (Positive)
*Bharti Airtel:* Company has GST demand of Rs 604.66 crore rectified to Rs 194 crore after filing an appeal. (Positive)
*Tech Mahindra:* Company to leverage AI to enhance aspects of engineering, supply chain, pre-sales and after-sales services for Mahindra & Mahindra. (Positive)
*Poly Medicure:* Company raises ₹1,000 crore by selling shares to at least major funds via QIP. (Neutral)
*Eris Lifesciences:* ChrysCapital offloads entire stake in company; Infinity Partners acquires shares for ₹1,187 crore (Neutral)
*Nestle:* Company names Laurent Freixe as CEO to succeed Mark Schneider. (Neutral)
*Bharat Forge:* Company to invest ₹105 crore in Kalyani Powertrain (Neutral)
*Shriram Finance:* Company approves sale of entire stake in Shri ram Housing Finance to Warburg affiliate. (Neutral)
*Nykaa:* Harindarpal Singh & Associates likely to sell up to 1.4% stake in Nykaa, floor price at Rs 198/share (Neutral)
*SRG Housing Finance:* Net profit at Rs 5.85 cr vs Rs 4.39 cr, Revenue at Rs. 33.98 cr vs Rs 26.85 cr (YoY). (Neutral)
*Zomato:* Company shuts down intercity 'Legends' after failing to find product-market fit (Neutral)
*Adani Power:* NCLT approves co’s resolution plan to buy Lanco Amarkantak Power. Cost of acquisition is ₹4,101 cr (Neutral)
*Ambuja Cement:* Promoter Entity Holderind to sell 2.84% stake in co via block deals. (Neutral)
*Alkem Laboratories:* Samprada and Nanhamati Singh Family Trust offloaded 8.5 lakh shares at Rs 5,732.15 apiece. (Neutral)
*SBI Life:* Company gets tax and penalty demand worth Rs 239 crore from Haryana tax authority (Neutral)
*Canara Bank:* Invited bids for its tier-I bond issue on August 27. (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 :*
Steel sector's tech investment likely to hit $2.7 bn by 2030: Report
Cement sector to invest Rs 1.25 trillion as capex by FY27: CRISIL
Economic momentum remains intact, set to achieve 6.5-7% growth: FinMin
Green energy push: B C Jindal to invest $2.5 billion for renewable foray
Govt bans 156 fixed dose combination drugs over health risk concerns
Disney-Reliance may need to dilute cricket dominance to seal merger deal
Godrej & Boyce targets mkt share boost with battery-powered forklift truck
FEMA tweaks: FPIs may switch to FDI after reaching 10% ownership cap
Hindalco's ongoing expansions to entail $10 bn capex, says KM Birla
Nokia joins hands with Axiom space for Nasa's human mission to moon
No hybrid, our focus remains on petrol and electric: Audi India Head
FSSAI directs food businesses to remove A1, A2 milk claims from products
*Economic Times :*
RBI MPC Minutes: Food inflation pressures showing little signs of abatement, warns RBI
Alkem arm ties up with Exactech for knee, hip replacement implants
Excel Entertainment, Trigger Happy Studios ink multi-film deal
IndoSpace to invest over Rs 580 crore to develop two logistics parks in Karnataka
Walmart partners with Burger King to offer discounted deals to members
Wipro Hydraulics opens Rs 250 cr manufacturing facility in Jaipur
Finance Ministry's monthly economic review sees food inflation falling in coming months on rain bounty
Gold loan market projected to double in 5 years to Rs 14.19 lakh crore: PwC India
Macrotech Developers to launch Rs 11,980 cr worth properties by March amid strong housing demand
US auto safety regulator closes probe into GM's Cruise robotaxis
Kalpataru Projects International gets tax notice from GST Authority
*Mint :*
GAIL, US-based Petron to form JV for bio-ethylene plant
NMDC powers projects for better management to achieve 100 MT capacity
GST: Infosys, foreign airlines, shipping lines may see relief, says report
HC orders arbitration in Ashneer Grover-BharatPe confidentiality violation case
Budget Carrier AirAsia Gets $443 Million Private Credit Funding
Deutsche Bank sees €430 million gain on Postbank progress
Dabur India to set up plant in Tamil Nadu with ₹400 crore investment
Birla Fertility acquires BabyScience in ₹500-cr push for 100 IVF clinics by FY28
RuPay to UPI credit, NPCI is planning a big recast of its businesses
Drugs licence approval only if you show good manufacturing practices: DCGI
India only APAC nation to log double-digit growth of FMCG, tech durables: Report
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Business Standard :*
Steel sector's tech investment likely to hit $2.7 bn by 2030: Report
Cement sector to invest Rs 1.25 trillion as capex by FY27: CRISIL
Economic momentum remains intact, set to achieve 6.5-7% growth: FinMin
Green energy push: B C Jindal to invest $2.5 billion for renewable foray
Govt bans 156 fixed dose combination drugs over health risk concerns
Disney-Reliance may need to dilute cricket dominance to seal merger deal
Godrej & Boyce targets mkt share boost with battery-powered forklift truck
FEMA tweaks: FPIs may switch to FDI after reaching 10% ownership cap
Hindalco's ongoing expansions to entail $10 bn capex, says KM Birla
Nokia joins hands with Axiom space for Nasa's human mission to moon
No hybrid, our focus remains on petrol and electric: Audi India Head
FSSAI directs food businesses to remove A1, A2 milk claims from products
*Economic Times :*
RBI MPC Minutes: Food inflation pressures showing little signs of abatement, warns RBI
Alkem arm ties up with Exactech for knee, hip replacement implants
Excel Entertainment, Trigger Happy Studios ink multi-film deal
IndoSpace to invest over Rs 580 crore to develop two logistics parks in Karnataka
Walmart partners with Burger King to offer discounted deals to members
Wipro Hydraulics opens Rs 250 cr manufacturing facility in Jaipur
Finance Ministry's monthly economic review sees food inflation falling in coming months on rain bounty
Gold loan market projected to double in 5 years to Rs 14.19 lakh crore: PwC India
Macrotech Developers to launch Rs 11,980 cr worth properties by March amid strong housing demand
US auto safety regulator closes probe into GM's Cruise robotaxis
Kalpataru Projects International gets tax notice from GST Authority
*Mint :*
GAIL, US-based Petron to form JV for bio-ethylene plant
NMDC powers projects for better management to achieve 100 MT capacity
GST: Infosys, foreign airlines, shipping lines may see relief, says report
HC orders arbitration in Ashneer Grover-BharatPe confidentiality violation case
Budget Carrier AirAsia Gets $443 Million Private Credit Funding
Deutsche Bank sees €430 million gain on Postbank progress
Dabur India to set up plant in Tamil Nadu with ₹400 crore investment
Birla Fertility acquires BabyScience in ₹500-cr push for 100 IVF clinics by FY28
RuPay to UPI credit, NPCI is planning a big recast of its businesses
Drugs licence approval only if you show good manufacturing practices: DCGI
India only APAC nation to log double-digit growth of FMCG, tech durables: Report
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Thursday 22 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
News Headlines from Business News Agencies :
Business Standard :
Funding constraints to hinder NBFCs' growth after two strong years: ICRA
Passenger vehicle dealers struggle with inventory worth Rs 73,000 cr: Fada
Alphabet-backed NBFC Aye Finance to launch Rs 2k cr IPO in a year: Report
Markets have started to price in a higher recession probability: Anurag Mittal, UTI MF
Keystone Realtors to invest Rs 900 cr on housing project in FY25: CMD Irani
Amul strongest food brand in the world in 2024: Brand Finance report
HDFC Bank taps retail bankers as wealth managers amid talent crunch
JK Tyre to invest Rs 1.32 cr to acquire 26% stake in solar energy venture
Employment growth in corporate sector declined to 1.5% in FY24: BoB report
China opens anti-subsidy probe into imported dairy products from EU
Shriram Properties to triple revenue to Rs 3k cr by FY27; double bookings
NMDC Steel's hot rolled coil production hits 1 MT-mark within a year
Reliance to invest over Rs 1,000 cr in Sohagpur CBM to boost gas output
Economic Times :
India to spend $300 mln to build drains and expand water bodies in big cities
Titan Capital closes Rs 200-crore fund to double down on existing portfolio startups
Zelestra inks pact to supply 450 MW solar power to NTPC
Growth of e-commerce through predatory prices is a concern for small retailers: Piyush Goyal
India remains net steel importer in April-July as Chinese shipments rise
Hyundai Motor India to establish Hydrogen Innovation Centre at IIT-M Thaiyur campus
India's second 700 MW nuclear power KAPS-4 plant starts operations at full capacity
India allows export of 200,000 tonne non-basmati rice to Malaysia
Odysse Electric to expand operations to 150 cities by September
Tata Motors ties up with two firms to expand charging infra for electric CVs
Tesla to recall more than 9,000 Model X SUVs, NHTSA says
Fintech startup TransBnk secures $4 million in funding round led by 8i Ventures
Urea import dependency to fall to 10-15% from this fiscal, says Crisil
Mint :
Sembcorp, Japan's Kyushu Electric forge green ammonia export deal
E-commerce boom matter of concern not pride, says India's trade minister Piyush Goyal
Livpure secures ₹233 crore from M&G, Ncubate, to expand subscription network
CBDT issues Central Action Plan for FY25, sets roadmap for I-T department
Decathlon to invest ₹933 crore in India in 5 years to expand retail business
NCLT rejects petition by shareholders opposing delisting of ICICI Securities
DDA unveils 3 new housing schemes: 40,000 flats, prices from ₹11.5 lakh to ₹5 cr
New launches, Dubai entry elevate Sunteck Realty’s pre-sales outlook
India’s animation, VFX segments set to touch $2.2 billion by 2026: Report
India's active paid OTT subscriptions stagnate at 100 million: Report
Flipkart Group’s new payments app—super.money—eyes first-time borrowers
Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Business Standard :
Funding constraints to hinder NBFCs' growth after two strong years: ICRA
Passenger vehicle dealers struggle with inventory worth Rs 73,000 cr: Fada
Alphabet-backed NBFC Aye Finance to launch Rs 2k cr IPO in a year: Report
Markets have started to price in a higher recession probability: Anurag Mittal, UTI MF
Keystone Realtors to invest Rs 900 cr on housing project in FY25: CMD Irani
Amul strongest food brand in the world in 2024: Brand Finance report
HDFC Bank taps retail bankers as wealth managers amid talent crunch
JK Tyre to invest Rs 1.32 cr to acquire 26% stake in solar energy venture
Employment growth in corporate sector declined to 1.5% in FY24: BoB report
China opens anti-subsidy probe into imported dairy products from EU
Shriram Properties to triple revenue to Rs 3k cr by FY27; double bookings
NMDC Steel's hot rolled coil production hits 1 MT-mark within a year
Reliance to invest over Rs 1,000 cr in Sohagpur CBM to boost gas output
Economic Times :
India to spend $300 mln to build drains and expand water bodies in big cities
Titan Capital closes Rs 200-crore fund to double down on existing portfolio startups
Zelestra inks pact to supply 450 MW solar power to NTPC
Growth of e-commerce through predatory prices is a concern for small retailers: Piyush Goyal
India remains net steel importer in April-July as Chinese shipments rise
Hyundai Motor India to establish Hydrogen Innovation Centre at IIT-M Thaiyur campus
India's second 700 MW nuclear power KAPS-4 plant starts operations at full capacity
India allows export of 200,000 tonne non-basmati rice to Malaysia
Odysse Electric to expand operations to 150 cities by September
Tata Motors ties up with two firms to expand charging infra for electric CVs
Tesla to recall more than 9,000 Model X SUVs, NHTSA says
Fintech startup TransBnk secures $4 million in funding round led by 8i Ventures
Urea import dependency to fall to 10-15% from this fiscal, says Crisil
Mint :
Sembcorp, Japan's Kyushu Electric forge green ammonia export deal
E-commerce boom matter of concern not pride, says India's trade minister Piyush Goyal
Livpure secures ₹233 crore from M&G, Ncubate, to expand subscription network
CBDT issues Central Action Plan for FY25, sets roadmap for I-T department
Decathlon to invest ₹933 crore in India in 5 years to expand retail business
NCLT rejects petition by shareholders opposing delisting of ICICI Securities
DDA unveils 3 new housing schemes: 40,000 flats, prices from ₹11.5 lakh to ₹5 cr
New launches, Dubai entry elevate Sunteck Realty’s pre-sales outlook
India’s animation, VFX segments set to touch $2.2 billion by 2026: Report
India's active paid OTT subscriptions stagnate at 100 million: Report
Flipkart Group’s new payments app—super.money—eyes first-time borrowers
Wells Fargo to sell its non-agency third-party Commercial Mortgage Servicing business to Trimont
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
India Daybook Stocks in News
DCM Shriram: Company commissions 52,500 TPA Hydrogen Peroxide plant at its chemical complex in Gujarat (Positive)
BEML: Company partners with Indian Navy to develop advanced marine applications for defence. (Positive)
HUDCO: Company has signed a MoU with Yamuna Expressway Industrial Development Authority at New Delhi. (Positive)
Rail Vikas Nigam Limited: Company has signed MoU with M/s Dhaya Maju Infrastructure (Asia) Sdn Berhad (DMIA). (Positive)
Kilburn Engineering: Company proposes to acquire Monga Strayfield for Rs 1.23 billion. (Positive)
Welspun Enterprises: Company arm gets order worth Rs 160 crore from BMC for rehabilitation of man-entry sewers by trenchless technology in city (Positive)
Azad Engineering: Company is working towards making very critical parts for RollsRoyce defence aircraft. (Positive)
Indoco: Company will launch product immediately in U.S., where it is eligible for 180 days of competitive generic therapy exclusivity. (Positive)
Shriram Properties: Company announces plans to triple revenue to Rs 3,000 crore and double sale bookings to Rs 5,000 crore by FY27. (Positive)
Spandana: SEBI approved the settlement on July 25 and payment was confirmed on August 9. (Positive)
PayTM: Zomato to acquire Paytm's entertainment ticketing business for ₹2,048 crore (Positive)
Cyient DLM: Morgan Stanley Asia Singapore and Aditya Birla SunLife MF acquired stakes in Cyient DLM after promoter offloaded stake worth Rs 879 crore. (Positive)
Embassy Office Parks REIT: Signs agreement to provide 8 lakh square feet prime office space in Bengaluru to global banking major Commonwealth Bank of Australia. (Positive)
PNB Housing: Biggest buyers of offloaded shares include Singapore government and Aditya Birla SunLife MF. (Positive)
Awfis Space: Company launches 2 new centres in Bengaluru with total built-up area of 66,846 sq ft. (Positive)
L&T Tech: Company extends collaboration with Paris-based Thales for software monetisation solutions (Positive)
Aarti Drugs: Company to consider sixth share buyback since 2016 on August 26 (Positive)
E2E Networks: Board approved the fundraising via a preferential issue worth over ₹420 crores (Positive)
GMR Airports: Company signs license pact for Delhi Duty Free Concession, to take up operations from July 28, 2025. (Positive)
IREDA: Company to consider raising of funds up to Rs 4,500 crore through QIP or other means (Neutral)
Kalyan Jewellers: High dell to sell 2.36% stake to Kalyan Jewellers promoter Trikkur Sitarama Iyer for Rs 1,300 crore. (Neutral)
P&G Health: Net profit at Rs 16.8 cr vs Rs 29.8 cr, Revenue at Rs. 283.9 cr vs Rs 301.2 cr (YoY) (Neutral)
Sun Pharma: Pharmazz inc and Company entered into an agreement under which sun pharma will invest up to $15 million in pharmazz, inc. (Neutral)
Alkem Laboratories: Promoter likely to sell 0.7% stake (8.5 lakh shares) of Alkem Laboratories via block deals,Floor price at Rs 5,616, at a 3% discount to CMP (Neutral)
Muthoot Capital: Company board meeting on AUG 24 consider and approve issuance of non-convertible debentures upto rs. 50 crores on private placement basis. (Neutral)
India Grid Trust: Sponsor, Esoteric II Pte to sell 17.32% stake of Company via Offer For Sale (OFS) (base offer of 9.66% & oversubscription option of 7.66%) from August 22-23, 2024. Floor price at Rs 132/share (Neutral)
PNB: Government extends Kalyan Kumar's term as Executive Director of for 2 years" (Neutral)
ONGC: Company approves buyback of compulsorily convertible debentures worth Rs 7,778 crore issued by OPaL. (Neutral)
HDFC Bank: A penalty of Rs. 3.22 crore has been imposed on the Bank by Commercial Tax Officer, Chandigarh. (Neutral)
Zen Technologies: Company launches ₹800 crore QIP, price set at ₹1,601 per share (Neutral)
Muthoot Capital: Company will consider raising up to ₹50 crore via a debt issue on August 24. (Neutral)
GE Power India: Company announces that Prashant Jain, managing director, has stepped down.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
DCM Shriram: Company commissions 52,500 TPA Hydrogen Peroxide plant at its chemical complex in Gujarat (Positive)
BEML: Company partners with Indian Navy to develop advanced marine applications for defence. (Positive)
HUDCO: Company has signed a MoU with Yamuna Expressway Industrial Development Authority at New Delhi. (Positive)
Rail Vikas Nigam Limited: Company has signed MoU with M/s Dhaya Maju Infrastructure (Asia) Sdn Berhad (DMIA). (Positive)
Kilburn Engineering: Company proposes to acquire Monga Strayfield for Rs 1.23 billion. (Positive)
Welspun Enterprises: Company arm gets order worth Rs 160 crore from BMC for rehabilitation of man-entry sewers by trenchless technology in city (Positive)
Azad Engineering: Company is working towards making very critical parts for RollsRoyce defence aircraft. (Positive)
Indoco: Company will launch product immediately in U.S., where it is eligible for 180 days of competitive generic therapy exclusivity. (Positive)
Shriram Properties: Company announces plans to triple revenue to Rs 3,000 crore and double sale bookings to Rs 5,000 crore by FY27. (Positive)
Spandana: SEBI approved the settlement on July 25 and payment was confirmed on August 9. (Positive)
PayTM: Zomato to acquire Paytm's entertainment ticketing business for ₹2,048 crore (Positive)
Cyient DLM: Morgan Stanley Asia Singapore and Aditya Birla SunLife MF acquired stakes in Cyient DLM after promoter offloaded stake worth Rs 879 crore. (Positive)
Embassy Office Parks REIT: Signs agreement to provide 8 lakh square feet prime office space in Bengaluru to global banking major Commonwealth Bank of Australia. (Positive)
PNB Housing: Biggest buyers of offloaded shares include Singapore government and Aditya Birla SunLife MF. (Positive)
Awfis Space: Company launches 2 new centres in Bengaluru with total built-up area of 66,846 sq ft. (Positive)
L&T Tech: Company extends collaboration with Paris-based Thales for software monetisation solutions (Positive)
Aarti Drugs: Company to consider sixth share buyback since 2016 on August 26 (Positive)
E2E Networks: Board approved the fundraising via a preferential issue worth over ₹420 crores (Positive)
GMR Airports: Company signs license pact for Delhi Duty Free Concession, to take up operations from July 28, 2025. (Positive)
IREDA: Company to consider raising of funds up to Rs 4,500 crore through QIP or other means (Neutral)
Kalyan Jewellers: High dell to sell 2.36% stake to Kalyan Jewellers promoter Trikkur Sitarama Iyer for Rs 1,300 crore. (Neutral)
P&G Health: Net profit at Rs 16.8 cr vs Rs 29.8 cr, Revenue at Rs. 283.9 cr vs Rs 301.2 cr (YoY) (Neutral)
Sun Pharma: Pharmazz inc and Company entered into an agreement under which sun pharma will invest up to $15 million in pharmazz, inc. (Neutral)
Alkem Laboratories: Promoter likely to sell 0.7% stake (8.5 lakh shares) of Alkem Laboratories via block deals,Floor price at Rs 5,616, at a 3% discount to CMP (Neutral)
Muthoot Capital: Company board meeting on AUG 24 consider and approve issuance of non-convertible debentures upto rs. 50 crores on private placement basis. (Neutral)
India Grid Trust: Sponsor, Esoteric II Pte to sell 17.32% stake of Company via Offer For Sale (OFS) (base offer of 9.66% & oversubscription option of 7.66%) from August 22-23, 2024. Floor price at Rs 132/share (Neutral)
PNB: Government extends Kalyan Kumar's term as Executive Director of for 2 years" (Neutral)
ONGC: Company approves buyback of compulsorily convertible debentures worth Rs 7,778 crore issued by OPaL. (Neutral)
HDFC Bank: A penalty of Rs. 3.22 crore has been imposed on the Bank by Commercial Tax Officer, Chandigarh. (Neutral)
Zen Technologies: Company launches ₹800 crore QIP, price set at ₹1,601 per share (Neutral)
Muthoot Capital: Company will consider raising up to ₹50 crore via a debt issue on August 24. (Neutral)
GE Power India: Company announces that Prashant Jain, managing director, has stepped down.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
Mkt. Updates :
GIFT Nifty +90 pts (24886) from last trade 24796 ,
Nikkei +312 pts ,
Hangseng +107 pts ,
Dow +55.52 pts ,Nsdq +102.05 pts, S&P
+23.73 pts , Bovespa +376 pts , Ftse +10 pts , Dax +91 pts , Cac +38 pts , Crude @ $71.93 brl (-0.00), Brent @ $76.05 brl (-0.00) , Gold @ 2550.70 (+3.20), Silver $29.635 (+0.10), Euro @ $1.1156, JPY @ $144.93, INR @ 83.875
US GOVT. 10-YR YIELD : 3.81%
Today's Corporate Action, 22 Aug Ex Date :
AAL
Final Dividend - Rs. - 1.5000
ASTERDM
Final Dividend - Rs. - 2.0000
BBOX
E.G.M.
BENARAS
Final Dividend - Rs. - 25.0000
DATAINFRA
Income Distribution (InvIT)
GCSL
Final Dividend - Rs. - 0.3000
GLOBUSSPR
Dividend - Rs. - 3.5000
GOLDIAM
Interim Dividend - Rs. - 1.0000
HESTERBIO
Dividend - Rs. - 6.0000
HINDWAREAP
Final Dividend - Rs. - 0.4000
INVPRECQ
Final Dividend - Rs. - 1.0000
IRFC
Final Dividend - Rs. - 0.7000
JINDALSTEL
Final Dividend - Rs. - 2.0000
KAKATCEM
Final Dividend - Rs. - 3.0000
LGBBROSLTD
Dividend - Rs. - 18.0000
MAZDA
Final Dividend - Rs. - 16.0000
MMLF
Stock Split From Rs.10/- to Rs.1/-
OMAXAUTO
Final Dividend - Rs. - 1.0000
PANAMAPET
Final Dividend - Rs. - 4.0000
RELAXO
Final Dividend - Rs. - 3.0000
SIRCA
Final Dividend - Rs. - 1.5000
Today's Key Results/Board Meetings, 22-Aug-24 :
ASHAI
General
CHEMCON
A.G.M.;General
FEDFINA
General
GARBIFIN
Quarterly Results
GSBFIN
A.G.M.
HITKITGLO
A.G.M.;General
KAMAHOLD
Interim Dividend
MIDEASTP
A.G.M.
MPCOSEMB
General
NUTRICIRCLE
Preferential Issue of shares;General OMEAG
General
PESB
General
POWERMECH
Bonus issue
PROFINC
General
PULSRIN
Bonus issue;General
RITHWIKFMS
Final Dividend
SHAH
Increase in Authorised Capital;A.G.M.;General
SPACEINCUBA
A.G.M.
TRISHAKT
Preferential Issue of shares;A.G.M.
VENMAX
General
SEC. IN F&O BAN FOR, 22 AUG, 2024 :
1. AARTIIND 2. ABFRL 3. BALRAMCHIN 4. BSOFT 5. GNFC 6. GRANULES 7. HINDCOPPER 8. INDIACEM 9. LICHSGFIN 10. NATIONALUM 11. PEL 12. SUNTV
ADDITION :NIL,
DELETION : BANDHANBNK, MANAPPURAM, RBLBANK, SAIL
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
GIFT Nifty +90 pts (24886) from last trade 24796 ,
Nikkei +312 pts ,
Hangseng +107 pts ,
Dow +55.52 pts ,Nsdq +102.05 pts, S&P
+23.73 pts , Bovespa +376 pts , Ftse +10 pts , Dax +91 pts , Cac +38 pts , Crude @ $71.93 brl (-0.00), Brent @ $76.05 brl (-0.00) , Gold @ 2550.70 (+3.20), Silver $29.635 (+0.10), Euro @ $1.1156, JPY @ $144.93, INR @ 83.875
US GOVT. 10-YR YIELD : 3.81%
Today's Corporate Action, 22 Aug Ex Date :
AAL
Final Dividend - Rs. - 1.5000
ASTERDM
Final Dividend - Rs. - 2.0000
BBOX
E.G.M.
BENARAS
Final Dividend - Rs. - 25.0000
DATAINFRA
Income Distribution (InvIT)
GCSL
Final Dividend - Rs. - 0.3000
GLOBUSSPR
Dividend - Rs. - 3.5000
GOLDIAM
Interim Dividend - Rs. - 1.0000
HESTERBIO
Dividend - Rs. - 6.0000
HINDWAREAP
Final Dividend - Rs. - 0.4000
INVPRECQ
Final Dividend - Rs. - 1.0000
IRFC
Final Dividend - Rs. - 0.7000
JINDALSTEL
Final Dividend - Rs. - 2.0000
KAKATCEM
Final Dividend - Rs. - 3.0000
LGBBROSLTD
Dividend - Rs. - 18.0000
MAZDA
Final Dividend - Rs. - 16.0000
MMLF
Stock Split From Rs.10/- to Rs.1/-
OMAXAUTO
Final Dividend - Rs. - 1.0000
PANAMAPET
Final Dividend - Rs. - 4.0000
RELAXO
Final Dividend - Rs. - 3.0000
SIRCA
Final Dividend - Rs. - 1.5000
Today's Key Results/Board Meetings, 22-Aug-24 :
ASHAI
General
CHEMCON
A.G.M.;General
FEDFINA
General
GARBIFIN
Quarterly Results
GSBFIN
A.G.M.
HITKITGLO
A.G.M.;General
KAMAHOLD
Interim Dividend
MIDEASTP
A.G.M.
MPCOSEMB
General
NUTRICIRCLE
Preferential Issue of shares;General OMEAG
General
PESB
General
POWERMECH
Bonus issue
PROFINC
General
PULSRIN
Bonus issue;General
RITHWIKFMS
Final Dividend
SHAH
Increase in Authorised Capital;A.G.M.;General
SPACEINCUBA
A.G.M.
TRISHAKT
Preferential Issue of shares;A.G.M.
VENMAX
General
SEC. IN F&O BAN FOR, 22 AUG, 2024 :
1. AARTIIND 2. ABFRL 3. BALRAMCHIN 4. BSOFT 5. GNFC 6. GRANULES 7. HINDCOPPER 8. INDIACEM 9. LICHSGFIN 10. NATIONALUM 11. PEL 12. SUNTV
ADDITION :NIL,
DELETION : BANDHANBNK, MANAPPURAM, RBLBANK, SAIL
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Wednesday 21 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*GE T&D India:* Promoter group likely to sell minority stake in company. Promoter group intends to sell stake in the company to simplify its holding structure (Neutral)
*Reliance:* Jio adds 19.11 lakh users vs 21.95 lakh users MoM (Neutral)
*Bharti Airtel:* Company adds 12.52 lakh users vs 12.50 lakh users MoM. (Neutral)
*Voda Idea:* Company loses 8.60 lk users vs loss of 9.24 lk users (MoM) (Neutral)
*GIC Housing:* Company says not aware of any development regarding report "GIC re weighs options for its holding in GICHFL, including stake sale" (Neutral)
*Infosys:* IT employee union seeks government intervention for Infosys fresher onboarding delay issue. (Neutral)
*Tech Mahindra:* Company's sale of Hyderabad property to Mahindra University represents significant shift in company’s asset portfolio. (Neutral)
*Zaggle:* Zuzu Software Services sold 4% stake in Zaggle Prepaid via open market (Neutral)
*Reliance Ind:* India Antitrust body sends warning notice to Disney & Reliance on their $8.5BLN India merger (Neutral)
*Tata Chemicals:* Board of Directors approves issue of NCDs worth ₹1,700 crore, on private placement basis. (Neutral)
*NHPC:* Landslide at Teesta-V power station (510 MW) of the company in Sikkim. (
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Reliance:* Jio adds 19.11 lakh users vs 21.95 lakh users MoM (Neutral)
*Bharti Airtel:* Company adds 12.52 lakh users vs 12.50 lakh users MoM. (Neutral)
*Voda Idea:* Company loses 8.60 lk users vs loss of 9.24 lk users (MoM) (Neutral)
*GIC Housing:* Company says not aware of any development regarding report "GIC re weighs options for its holding in GICHFL, including stake sale" (Neutral)
*Infosys:* IT employee union seeks government intervention for Infosys fresher onboarding delay issue. (Neutral)
*Tech Mahindra:* Company's sale of Hyderabad property to Mahindra University represents significant shift in company’s asset portfolio. (Neutral)
*Zaggle:* Zuzu Software Services sold 4% stake in Zaggle Prepaid via open market (Neutral)
*Reliance Ind:* India Antitrust body sends warning notice to Disney & Reliance on their $8.5BLN India merger (Neutral)
*Tata Chemicals:* Board of Directors approves issue of NCDs worth ₹1,700 crore, on private placement basis. (Neutral)
*NHPC:* Landslide at Teesta-V power station (510 MW) of the company in Sikkim. (
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*India Daybook – Stocks in News*
*Granules India:* Company secures USFDA approval for generic Glycopyrrolate oral solution (Positive)
*Petronet LNG:* Company signs MoU with Sri Lanka’s LTL Holdings for supply of LNG to LTL’s dual fuelled Power Plant(s) in Kerawalapitiya, Colombo for 5 years. (Positive)
*Navneet Education:* Company expects 10% overall growth in FY25; Stationery business to grow higher. (Positive)
*UBL:* Heineken Silver and Heineken Original will be available in the state of Karnataka from this month. (Positive)
*Prism Johnson:* Company completed modernisation of tile production plant at vijaywada, tile production capacity of H & R Johnson to reduce to 64 mln MTR SQR PA. (Positive)
*CESC:* Company’s arm incorporates wholly-owned subsidiary Eco fusion Power to explore opportunity in renewable power sector (Positive)
*Indian Toners & Developers:* Company approved proposal for buyback; approved buyback of shares worth up to Rs 206.2 Million, buyback price at 450 rupees per share. (Positive)
*Weizmann:* Company approved proposal for buyback; approved buyback of shares worth up to Rs 58.4 Million, buyback price at 160 rupees per share. (Positive)
*BGR Energy Systems:* Company gets termination of contract from Jharkhand urja sancharan nigam. (Positive)
*Star Cement:* Company plan to take cement capacity to 12 MTPA by FY27. (Positive)
*Sansera Engineering:* Company approved raising of funds of upto Rs 12 billion, Company to further invest 200m rupees in MMRFIC technology (Positive)
*Tata Motors:* Company raised to investment grade, outlook changed to stable from watch positive by S&P Global. (Positive)
*Tata Steel:* Company upgraded to BBB from BBB-, outlook changed to watch positive from stable by S&P Global. (Positive)
*Tata Power:* Company upgraded to BB+ from BBB-, outlook maintained to positive (Positive)
*PI Industries:* U.K. Companies Court approves PI Industries acquisition of Plant Health Care for £ 32.8 million. (Positive)
*Sarda Energy:* Company deposits infusion amount of Rs 1,950 crore in Escrow account as per terms of resolution plan for debt-ridden (Positive)
*Ola:* Company’s S1 X 3 kWh and 4 kWh scooters (2 scooter variants) get Auto PLI certification (Positive)
*Shriram FInance:* CCI approves Mango Crest's acquisition of Shriram Housing Finance (Positive)
*Updater Services:* Company acquired additional 22.3 percent stake in Denave India (Positive)
*Genus Power:* Company gets 3 orders worth Rs 3,609 crore for appointment of Advanced Metering Infrastructure Service Providers (Positive)
*Advait Infratech:* Company gets Order worth 203.3 Mln Rupees (Positive)
*HG Infra:* Company wins bid for Rs 781 crore Gujarat road project (Positive)
*Manorama Industries:* Cocoa Prices May Remain Elevated (Positive)
*Dr Reddy's:* Company announces potential partnership with Aurigene Pharma & Kainomyx for joint development of affordable Anti-Malarial drug: NDTV. (Positive)
*E2E Networks:* Company raises Rs 421 crore via preferential issue of shares. (Positive)
*Dhanuka Agritech:* Company has approved a buyback of 5,00,000 equity shares at Rs. 2,000 per share, totaling up to Rs. 100 crores. (Positive)
*Hindustan Zinc:* Investability weight of Hindustan Zinc in FTSE All-World Index has increased to 7% from 5.49%. (Positive)
*TTK Prestige:* Company is offering to buy back up to 16,66,666 fully paid-up equity shares at ₹1,200 per share (Positive)
*SPML Infra:* Board Meeting on Aug 27 to consider issue of shares (Positive)
*Larsen & Toubro:* Bombay High Court quashes & sets aside GST show cause notice of ₹2,237 cr (Positive)
*PNB Housing:* General Atlantic Singapore Fund FII Pte is likely to offload a 5.1% stake in via a BlockDeal on August 21, at a floor price of ₹775 per share: CNBC-TV18 (Neutral)
*Exide Industries:* Company infuses ₹74.99 Crore in EESL, total investment reaches ₹2,652 Crore (Neutral)
*Cyient:* Company is likely to sell 14.5% stake (1.15 crore shares) in Cyient DLM via block deals. Issue size of the deal is at ₹860.9 crore (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Granules India:* Company secures USFDA approval for generic Glycopyrrolate oral solution (Positive)
*Petronet LNG:* Company signs MoU with Sri Lanka’s LTL Holdings for supply of LNG to LTL’s dual fuelled Power Plant(s) in Kerawalapitiya, Colombo for 5 years. (Positive)
*Navneet Education:* Company expects 10% overall growth in FY25; Stationery business to grow higher. (Positive)
*UBL:* Heineken Silver and Heineken Original will be available in the state of Karnataka from this month. (Positive)
*Prism Johnson:* Company completed modernisation of tile production plant at vijaywada, tile production capacity of H & R Johnson to reduce to 64 mln MTR SQR PA. (Positive)
*CESC:* Company’s arm incorporates wholly-owned subsidiary Eco fusion Power to explore opportunity in renewable power sector (Positive)
*Indian Toners & Developers:* Company approved proposal for buyback; approved buyback of shares worth up to Rs 206.2 Million, buyback price at 450 rupees per share. (Positive)
*Weizmann:* Company approved proposal for buyback; approved buyback of shares worth up to Rs 58.4 Million, buyback price at 160 rupees per share. (Positive)
*BGR Energy Systems:* Company gets termination of contract from Jharkhand urja sancharan nigam. (Positive)
*Star Cement:* Company plan to take cement capacity to 12 MTPA by FY27. (Positive)
*Sansera Engineering:* Company approved raising of funds of upto Rs 12 billion, Company to further invest 200m rupees in MMRFIC technology (Positive)
*Tata Motors:* Company raised to investment grade, outlook changed to stable from watch positive by S&P Global. (Positive)
*Tata Steel:* Company upgraded to BBB from BBB-, outlook changed to watch positive from stable by S&P Global. (Positive)
*Tata Power:* Company upgraded to BB+ from BBB-, outlook maintained to positive (Positive)
*PI Industries:* U.K. Companies Court approves PI Industries acquisition of Plant Health Care for £ 32.8 million. (Positive)
*Sarda Energy:* Company deposits infusion amount of Rs 1,950 crore in Escrow account as per terms of resolution plan for debt-ridden (Positive)
*Ola:* Company’s S1 X 3 kWh and 4 kWh scooters (2 scooter variants) get Auto PLI certification (Positive)
*Shriram FInance:* CCI approves Mango Crest's acquisition of Shriram Housing Finance (Positive)
*Updater Services:* Company acquired additional 22.3 percent stake in Denave India (Positive)
*Genus Power:* Company gets 3 orders worth Rs 3,609 crore for appointment of Advanced Metering Infrastructure Service Providers (Positive)
*Advait Infratech:* Company gets Order worth 203.3 Mln Rupees (Positive)
*HG Infra:* Company wins bid for Rs 781 crore Gujarat road project (Positive)
*Manorama Industries:* Cocoa Prices May Remain Elevated (Positive)
*Dr Reddy's:* Company announces potential partnership with Aurigene Pharma & Kainomyx for joint development of affordable Anti-Malarial drug: NDTV. (Positive)
*E2E Networks:* Company raises Rs 421 crore via preferential issue of shares. (Positive)
*Dhanuka Agritech:* Company has approved a buyback of 5,00,000 equity shares at Rs. 2,000 per share, totaling up to Rs. 100 crores. (Positive)
*Hindustan Zinc:* Investability weight of Hindustan Zinc in FTSE All-World Index has increased to 7% from 5.49%. (Positive)
*TTK Prestige:* Company is offering to buy back up to 16,66,666 fully paid-up equity shares at ₹1,200 per share (Positive)
*SPML Infra:* Board Meeting on Aug 27 to consider issue of shares (Positive)
*Larsen & Toubro:* Bombay High Court quashes & sets aside GST show cause notice of ₹2,237 cr (Positive)
*PNB Housing:* General Atlantic Singapore Fund FII Pte is likely to offload a 5.1% stake in via a BlockDeal on August 21, at a floor price of ₹775 per share: CNBC-TV18 (Neutral)
*Exide Industries:* Company infuses ₹74.99 Crore in EESL, total investment reaches ₹2,652 Crore (Neutral)
*Cyient:* Company is likely to sell 14.5% stake (1.15 crore shares) in Cyient DLM via block deals. Issue size of the deal is at ₹860.9 crore (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 :*
RBI asks banks to monitor credit-deposit gap to avoid liquidity issues
Phoenix invites bids from ARCs for sale of Rs 3,550 crore retail NPA
Banks' borrowings in India crosses Rs 9 trillion-mark in July: RBI
Expects positive news on indigenous Mpox vaccine within a year: Poonawalla
Zomato zooms past Swiggy in terms of growth in July, captures more market
No plan to probe Buch over Hindenburg row: FinMin sources deny media report
Trai urges telcos to control misuse of message headers, content templates
Account Aggregator ecosystem clocks 100 million consents on framework
Global gaming major Flutter bets big on India, opens GCC in Hyderabad
Grasim records Rs 1.30 trillion revenue for FY24, driven by cement business
EU approves $5.5 bn German aid under Chips Act for ESMC Dresden plant
*Economic Times :*
FPIs turn to the primary market amid soaring valuations in the secondary market
Mynd IFSC launches M1NXT in GIFT City to push trade finance
Granules India gets USFDA nod for generic Glycopyrrolate oral solution
Indian companies to spend $45-50 billion in capex over 1-2 years, RIL to lead: Moody's
Sebi mulls making rights issues more lucrative for companies to raise money
Axiscades subsidiary bags energy storage project by UK-based Highview Power
ARC assets set to drop 7-10% this FY amidst stiff competition from NARCL: CRISIL
JR One Footwear to set up two more factories in TN
BharatPe to offer secured loans to merchant partners; announces partnership with OTO Capital and Volt Money
UBS pegs $15.4 billion enterprise value to Zomato's Blinkit business
Four listed REITs distribute Rs 1,371 cr to unitholders in June quarter
*Mint :*
Supreme Court declines Byju's plea to block formation of creditors' committee
GIFT City regulator halts approvals for local families to invest abroad: Report
Reliance-Disney's $8.5 billion media merger will hurt competition, says CCI
Recent tariff hikes will drive higher ARPU for telecom operators: Report
Retail investors continue to dominate mutual funds, hold 61% of total assets
Reliance Capital administrator defends use of 'Reliance' brand amid dispute
Exports of key commodities fall in April-July amid rising trade deficit
MobiKwik turns profitable, aims to boost offerings for small-town merchants
Greaves Cotton arm partners with River Mobility to offer customised Financing Solutions
Axis Bank to sell stake in finance unit, looks at listing too
IOC, HPCL and BPCL consortium in talks with Equinor to secure LPG contract
US seeks L&T chair S.N. Subrahmanyan’s testimony in Cognizant bribery case
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Business Standard :*
RBI asks banks to monitor credit-deposit gap to avoid liquidity issues
Phoenix invites bids from ARCs for sale of Rs 3,550 crore retail NPA
Banks' borrowings in India crosses Rs 9 trillion-mark in July: RBI
Expects positive news on indigenous Mpox vaccine within a year: Poonawalla
Zomato zooms past Swiggy in terms of growth in July, captures more market
No plan to probe Buch over Hindenburg row: FinMin sources deny media report
Trai urges telcos to control misuse of message headers, content templates
Account Aggregator ecosystem clocks 100 million consents on framework
Global gaming major Flutter bets big on India, opens GCC in Hyderabad
Grasim records Rs 1.30 trillion revenue for FY24, driven by cement business
EU approves $5.5 bn German aid under Chips Act for ESMC Dresden plant
*Economic Times :*
FPIs turn to the primary market amid soaring valuations in the secondary market
Mynd IFSC launches M1NXT in GIFT City to push trade finance
Granules India gets USFDA nod for generic Glycopyrrolate oral solution
Indian companies to spend $45-50 billion in capex over 1-2 years, RIL to lead: Moody's
Sebi mulls making rights issues more lucrative for companies to raise money
Axiscades subsidiary bags energy storage project by UK-based Highview Power
ARC assets set to drop 7-10% this FY amidst stiff competition from NARCL: CRISIL
JR One Footwear to set up two more factories in TN
BharatPe to offer secured loans to merchant partners; announces partnership with OTO Capital and Volt Money
UBS pegs $15.4 billion enterprise value to Zomato's Blinkit business
Four listed REITs distribute Rs 1,371 cr to unitholders in June quarter
*Mint :*
Supreme Court declines Byju's plea to block formation of creditors' committee
GIFT City regulator halts approvals for local families to invest abroad: Report
Reliance-Disney's $8.5 billion media merger will hurt competition, says CCI
Recent tariff hikes will drive higher ARPU for telecom operators: Report
Retail investors continue to dominate mutual funds, hold 61% of total assets
Reliance Capital administrator defends use of 'Reliance' brand amid dispute
Exports of key commodities fall in April-July amid rising trade deficit
MobiKwik turns profitable, aims to boost offerings for small-town merchants
Greaves Cotton arm partners with River Mobility to offer customised Financing Solutions
Axis Bank to sell stake in finance unit, looks at listing too
IOC, HPCL and BPCL consortium in talks with Equinor to secure LPG contract
US seeks L&T chair S.N. Subrahmanyan’s testimony in Cognizant bribery case
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*GIFT Nifty -17 pts (24690) from last trade 24707 ,*
Nikkei -322 pts ,
Hangseng -197 pts ,
Dow -61.56 pts ,Nsdq -59.83 pts, S&P
-11.13 pts , Bovespa +309 pts , Ftse -83 pts , Dax -64 pts , Cac -16 pts , Crude @ $74.04 brl (-0.00), Brent @ $77.20 brl (-0.00) , Gold @ 2552.70 (+2.10), Silver $29.485 (-0.03), Euro @ $1.1128, JPY @ $145.21, INR @ 83.765
*Today's Corporate Action*
*21st Aug Ex Date*
BBL
Dividend - Rs. - 35.0000
EMAMIPAP
Final Dividend - Rs. - 1.6000
ENGINERSIN
Final Dividend - Rs. - 1.0000
GATEWAY
Interim Dividend - Rs. - 1.2500
HAL
Final Dividend - Rs. - 13.0000
INDIAGLYCO
Final Dividend - Rs. - 8.0000
ISGEC
Dividend - Rs. - 4.0000
ITDCEM
Final Dividend - Rs. - 1.7000
KPIGREEN
Interim Dividend - Rs. - 0.2000
LINC
Final Dividend - Rs. - 5.0000
MUFTI
Final Dividend - Rs. - 0.5000
PFIZER
Final Dividend - Rs. - 35.0000
RAJPALAYAM
Dividend - Rs. - 0.6000
SAHLIBHFI
E.G.M.
SATIA
Interim Dividend - Rs. - 0.1000
SNOWMAN
Interim Dividend - Rs. - 1.0000
SPRAYKING
Bonus issue 1:1
SUMEDHA
Final Dividend - Rs. - 1.0000
SYMPHONY
Interim Dividend - Rs. - 1.0000
SYMPHONY
Buy Back of Shares
UNIPARTS
Interim Dividend - Rs. - 6.7500
VIDHIING
Interim Dividend - Rs. - 1.0000
*Today's Key Results/Board Meetings*
*21-Aug-24*
AEIM
Increase in Authorised Capital;Preferential Issue of shares;A.G.M.;General
BIJHANS
General
DYNAMICP
A.G.M.
EMMBI
Increase in Authorised Capital;Issue Of Warrants
GEL
A.G.M.;General
JMJFIN
A.G.M.;General
JPINFRATEC
General
PGHL
Final Dividend;Audited Results
PRERINFRA
General
PVVINFRA
Bonus issue
SPENCERS
A.G.M.
TOYAMSL
General;Quarterly Results
ZSWASTSA
General
*Stock under F&O ban on NSE*
*21-Aug-24*
1 AARTIIND
2 ABFRL
3 BALRAMCHIN
4 BANDHANBNK
5 BSOFT
6 GNFC
7 GRANULES
8 HINDCOPPER
9 INDIACEM
10 LICHSGFIN
11 MANAPPURAM
12 NATIONALUM
13 PEL
14 RBLBANK
15 SAIL
16 SUNTV
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Nikkei -322 pts ,
Hangseng -197 pts ,
Dow -61.56 pts ,Nsdq -59.83 pts, S&P
-11.13 pts , Bovespa +309 pts , Ftse -83 pts , Dax -64 pts , Cac -16 pts , Crude @ $74.04 brl (-0.00), Brent @ $77.20 brl (-0.00) , Gold @ 2552.70 (+2.10), Silver $29.485 (-0.03), Euro @ $1.1128, JPY @ $145.21, INR @ 83.765
*Today's Corporate Action*
*21st Aug Ex Date*
BBL
Dividend - Rs. - 35.0000
EMAMIPAP
Final Dividend - Rs. - 1.6000
ENGINERSIN
Final Dividend - Rs. - 1.0000
GATEWAY
Interim Dividend - Rs. - 1.2500
HAL
Final Dividend - Rs. - 13.0000
INDIAGLYCO
Final Dividend - Rs. - 8.0000
ISGEC
Dividend - Rs. - 4.0000
ITDCEM
Final Dividend - Rs. - 1.7000
KPIGREEN
Interim Dividend - Rs. - 0.2000
LINC
Final Dividend - Rs. - 5.0000
MUFTI
Final Dividend - Rs. - 0.5000
PFIZER
Final Dividend - Rs. - 35.0000
RAJPALAYAM
Dividend - Rs. - 0.6000
SAHLIBHFI
E.G.M.
SATIA
Interim Dividend - Rs. - 0.1000
SNOWMAN
Interim Dividend - Rs. - 1.0000
SPRAYKING
Bonus issue 1:1
SUMEDHA
Final Dividend - Rs. - 1.0000
SYMPHONY
Interim Dividend - Rs. - 1.0000
SYMPHONY
Buy Back of Shares
UNIPARTS
Interim Dividend - Rs. - 6.7500
VIDHIING
Interim Dividend - Rs. - 1.0000
*Today's Key Results/Board Meetings*
*21-Aug-24*
AEIM
Increase in Authorised Capital;Preferential Issue of shares;A.G.M.;General
BIJHANS
General
DYNAMICP
A.G.M.
EMMBI
Increase in Authorised Capital;Issue Of Warrants
GEL
A.G.M.;General
JMJFIN
A.G.M.;General
JPINFRATEC
General
PGHL
Final Dividend;Audited Results
PRERINFRA
General
PVVINFRA
Bonus issue
SPENCERS
A.G.M.
TOYAMSL
General;Quarterly Results
ZSWASTSA
General
*Stock under F&O ban on NSE*
*21-Aug-24*
1 AARTIIND
2 ABFRL
3 BALRAMCHIN
4 BANDHANBNK
5 BSOFT
6 GNFC
7 GRANULES
8 HINDCOPPER
9 INDIACEM
10 LICHSGFIN
11 MANAPPURAM
12 NATIONALUM
13 PEL
14 RBLBANK
15 SAIL
16 SUNTV
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Monday 19 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
TATA MOTORS; Update on TATA Motors DVR conversion plan
Co. Fixes 1 sept as Record Date for conversions of DVR shares in to Equity
Holders of the DVR will get 7 ordinary shares for every 10 DVRs held .
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Co. Fixes 1 sept as Record Date for conversions of DVR shares in to Equity
Holders of the DVR will get 7 ordinary shares for every 10 DVRs held .
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
19/8/2024
BSE:-12(80424)
NSE:+31(24572)
MID:+251(47645)
SML:+716(54573)
FII|FPI:-2667Cr
DII:+1802Cr
B.Crude: 79
Gold$:2492=INR: 71310
Silver: 83700
$/Rs: 83.96
7.10 : 2034 G-Sec: 6.86
NSE PE: 22.8
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
BSE:-12(80424)
NSE:+31(24572)
MID:+251(47645)
SML:+716(54573)
FII|FPI:-2667Cr
DII:+1802Cr
B.Crude: 79
Gold$:2492=INR: 71310
Silver: 83700
$/Rs: 83.96
7.10 : 2034 G-Sec: 6.86
NSE PE: 22.8
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*GIFT Nifty +102 pts (24700) from last trade 24598 ,*
Nikkei -137 pts ,
Hangseng +140 pts ,
Dow +96.70 pts ,Nsdq +37.22 pts, S&P
+11.03 pts , Bovespa -200 pts , Ftse -35 pts , Dax +139 pts , Cac +26 pts , Crude @ $76.21 brl (-0.44), Brent @ $79.29 brl (-0.39) , Gold @ 2542.90 (+5.10), Silver $28.99 (+0.01), Euro @ $1.1024, JPY @ $147.85, INR @ 83.885
*Today's Corporate Action*
*19th Aug Ex Date*
MANINFRA
Interim Dividend - Rs. - 0.4500
ACE
Final Dividend - Rs. - 2.0000
CLSEL
Buy Back of Shares
DRAGARWQ
Final Dividend - Rs. - 2.5000
EXPLICITFIN
E.G.M.
RELIANCE
Final Dividend - Rs. - 10.0000
*Today's Key Results/Board Meetings*
*19-Aug-24*
ARYAN
General;Rights Issue
EASTINDIA
General
GREENCREST
General
HITECH
Preferential Issue of shares;General
INDTERRAIN
Preferential Issue of shares;General
MAGNAELQ
General
SRESTHA
General
SURAJEST
Preferential Issue of shares
*Stock under F&O ban on NSE*
*19-Aug-24*
1 AARTIIND
2 ABFRL
3 BANDHANBNK
4 BIOCON
5 CHAMBLFERT
6 GNFC
7 GRANULES
8 INDIACEM
9 INDIAMART
10 LICHSGFIN
11 MANAPPURAM
12 NMDC
13 PEL
14 PNB
15 RBLBANK
16 SAIL
17 SUNTV
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Nikkei -137 pts ,
Hangseng +140 pts ,
Dow +96.70 pts ,Nsdq +37.22 pts, S&P
+11.03 pts , Bovespa -200 pts , Ftse -35 pts , Dax +139 pts , Cac +26 pts , Crude @ $76.21 brl (-0.44), Brent @ $79.29 brl (-0.39) , Gold @ 2542.90 (+5.10), Silver $28.99 (+0.01), Euro @ $1.1024, JPY @ $147.85, INR @ 83.885
*Today's Corporate Action*
*19th Aug Ex Date*
MANINFRA
Interim Dividend - Rs. - 0.4500
ACE
Final Dividend - Rs. - 2.0000
CLSEL
Buy Back of Shares
DRAGARWQ
Final Dividend - Rs. - 2.5000
EXPLICITFIN
E.G.M.
RELIANCE
Final Dividend - Rs. - 10.0000
*Today's Key Results/Board Meetings*
*19-Aug-24*
ARYAN
General;Rights Issue
EASTINDIA
General
GREENCREST
General
HITECH
Preferential Issue of shares;General
INDTERRAIN
Preferential Issue of shares;General
MAGNAELQ
General
SRESTHA
General
SURAJEST
Preferential Issue of shares
*Stock under F&O ban on NSE*
*19-Aug-24*
1 AARTIIND
2 ABFRL
3 BANDHANBNK
4 BIOCON
5 CHAMBLFERT
6 GNFC
7 GRANULES
8 INDIACEM
9 INDIAMART
10 LICHSGFIN
11 MANAPPURAM
12 NMDC
13 PEL
14 PNB
15 RBLBANK
16 SAIL
17 SUNTV
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Saturday 17 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
Today's Headlines from :
*Economic Times*
Telcos go slow on content spends; investment towards buying content falls 12% in FY24
Army issues Rs 6,500 crore tender for buying 400 howitzers under Make-in-India
Govt revises windfall gains tax on petroleum products, new rates effective from August 17
JSW Cement files DRHP for Rs 4,000 crore IPO
India facing acute shortage of natural rubber, prices soar
India's forex reserves drop $4.8 bn from an all-time high, settling at $670.12 bn as of Aug 9
Cabinet approves metro rail projects worth Rs 30,000 crore in Bengaluru, Thane, and Pune
India's unemployment rate shows a marginal decline, falls from 6.7% to 6.6% QoQ
Optiemus seeks Rs 400 crore to expand manufacturing operations
After raising $50 million, SaaS startup Loginext liquidates assets to US entity for $250k
Startup funding surges 170% YoY to $238 million this week
*Business Standard*
RBI flags breach of regulations by some NBFC-P2P lending platforms
E-scooter maker Ola Electric valuations hit $7 bn; up 75% over IPO price
Promoters of Electronics Mart India divest 7.8% stake for Rs 689 cr
Aurobindo Pharma arm gets warning letter from USFDA for Telangana unit
US court asks Vedanta-backed Sterlite Tech to pay $96.5 mn to Prysmian
Zoomcar narrows Ebitda loss in Q1 FY25, marks third profitable quarter
Tata Capital Housing Finance to raise up to Rs 3,500 crore via NCDs
Warburg Pincus buys majority stake in furniture fittings maker Ebco
Only 21% money in bank accounts belongs to women, shows NSO data
Commodity major Hindustan Zinc offer for sale gets bids for Rs 3,150 crore
Niti Aayog calls for guidelines, e-KYC to check PMMY applicants background
*Financial Express*
Kaynes buys land in Gujarat for chip unit
FDI in food processing industry falls 30% to Rs 5037 crore in 2023-24
Ambuja Cements completes acquisition of Penna Cement, PCIL now a subsidiary of company
REC incorporates Rajasthan Power Transmission Project as its new wholly owned subsidiary
1 in 5 under-construction homes stalled across 44 Indian cities in last 8 years: Report
*Mint*
Interarch Building Products IPO: Firm mobilises ₹179 cr from anchor investors
Smartworks Coworking Spaces files DRHP with SEBI to raise funds via IPO
India imports $2.8bn crude oil from Russia in July, almost 40% of oil purchases
India's share in US pharma market rises to 13.1 per cent, overtakes Switzerland
Ecom Express files draft papers for IPO with SEBI.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Economic Times*
Telcos go slow on content spends; investment towards buying content falls 12% in FY24
Army issues Rs 6,500 crore tender for buying 400 howitzers under Make-in-India
Govt revises windfall gains tax on petroleum products, new rates effective from August 17
JSW Cement files DRHP for Rs 4,000 crore IPO
India facing acute shortage of natural rubber, prices soar
India's forex reserves drop $4.8 bn from an all-time high, settling at $670.12 bn as of Aug 9
Cabinet approves metro rail projects worth Rs 30,000 crore in Bengaluru, Thane, and Pune
India's unemployment rate shows a marginal decline, falls from 6.7% to 6.6% QoQ
Optiemus seeks Rs 400 crore to expand manufacturing operations
After raising $50 million, SaaS startup Loginext liquidates assets to US entity for $250k
Startup funding surges 170% YoY to $238 million this week
*Business Standard*
RBI flags breach of regulations by some NBFC-P2P lending platforms
E-scooter maker Ola Electric valuations hit $7 bn; up 75% over IPO price
Promoters of Electronics Mart India divest 7.8% stake for Rs 689 cr
Aurobindo Pharma arm gets warning letter from USFDA for Telangana unit
US court asks Vedanta-backed Sterlite Tech to pay $96.5 mn to Prysmian
Zoomcar narrows Ebitda loss in Q1 FY25, marks third profitable quarter
Tata Capital Housing Finance to raise up to Rs 3,500 crore via NCDs
Warburg Pincus buys majority stake in furniture fittings maker Ebco
Only 21% money in bank accounts belongs to women, shows NSO data
Commodity major Hindustan Zinc offer for sale gets bids for Rs 3,150 crore
Niti Aayog calls for guidelines, e-KYC to check PMMY applicants background
*Financial Express*
Kaynes buys land in Gujarat for chip unit
FDI in food processing industry falls 30% to Rs 5037 crore in 2023-24
Ambuja Cements completes acquisition of Penna Cement, PCIL now a subsidiary of company
REC incorporates Rajasthan Power Transmission Project as its new wholly owned subsidiary
1 in 5 under-construction homes stalled across 44 Indian cities in last 8 years: Report
*Mint*
Interarch Building Products IPO: Firm mobilises ₹179 cr from anchor investors
Smartworks Coworking Spaces files DRHP with SEBI to raise funds via IPO
India imports $2.8bn crude oil from Russia in July, almost 40% of oil purchases
India's share in US pharma market rises to 13.1 per cent, overtakes Switzerland
Ecom Express files draft papers for IPO with SEBI.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Friday 16 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*News Headlines from Business News Agencies:*
*Business Standard*
India Inc earnings slow down in Q1FY25 despite operating margin gains
Swan Energy likely to sell FSRU stake to Turkey's Botas for $400 million
Telecom players' Arpu growth falls to 7.5% in FY24, shows govt data
E-commerce logistics firm Ecom Express files for Rs 2,600 cr worth IPO
Global crypto exchange Binance set to start ops in India after 6 months
Manappuram Finance expects non-performing assets falling this FY
Large deals power paradigm shift in India's venture capital terrain
SBI raises MCLR by 10 basis points for all tenors; 3rd hike in 3 months
Tata Steel's Aashiyana expects to cross Rs 3,500 crore GMV in FY25
M&M launches Thar Roxx, targets to rule above Rs 12.5 lakh category
Electric mobility right step in right direction for country: M&M CEO
*Economic Times*
L&T Realty, Valor in pact for Rs 8,500-cr joint development in Mumbai’s Bandra west
Edible oil imports dip 1.6% in first 9 months of marketing year ending October: SEA
Draw norms to assess background of Mudra loan applicants: Niti Aayog
SBI-led banks key to IBC case against Jaiprakash Associates
India's medicine, antibiotics exports gaining share in US, Italian markets: Govt data
Chinese ecommerce giant JD beats estimates for quarterly profit
SBI, PNB in talks with Karnataka govt for 'amicable resolution' of ban issue
Textiles, apparel exports rise 4.73% in July on improved demand: CITI
UK economy grows 0.6 per cent between April and June as it recovers from recession
Stringent safety norms for construction electric vehicles from October 1
Vacheron Constantin celebrates record sales, eyes growth in Indian luxury watch market
*Mint*
IndiGrid ties up with three investors to develop transmission projects
Ola to roll out portable dark stores for quick commerce
Hindustan Zinc to pay special dividend of ₹8,000 crore to shareholders: Report
Walmart surges 8% to hit record high on robust Q2 show, revenue guidance boost
CEO Aggarwal announces Ola's first AI chip for India, set for 2026 launch
Coal India to be fined if e-auction supplies not met
Adani Power to sell Bangladesh-bound power in India after Centre eases norms
Ola Electric Roadster Series e-bikes launched in India, starting at ₹74,999
Cognizant offers annual salary hike as low as 1% to employees: Report
Former CEO Schmidt blames remote working for Google's lagging AI performance.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Business Standard*
India Inc earnings slow down in Q1FY25 despite operating margin gains
Swan Energy likely to sell FSRU stake to Turkey's Botas for $400 million
Telecom players' Arpu growth falls to 7.5% in FY24, shows govt data
E-commerce logistics firm Ecom Express files for Rs 2,600 cr worth IPO
Global crypto exchange Binance set to start ops in India after 6 months
Manappuram Finance expects non-performing assets falling this FY
Large deals power paradigm shift in India's venture capital terrain
SBI raises MCLR by 10 basis points for all tenors; 3rd hike in 3 months
Tata Steel's Aashiyana expects to cross Rs 3,500 crore GMV in FY25
M&M launches Thar Roxx, targets to rule above Rs 12.5 lakh category
Electric mobility right step in right direction for country: M&M CEO
*Economic Times*
L&T Realty, Valor in pact for Rs 8,500-cr joint development in Mumbai’s Bandra west
Edible oil imports dip 1.6% in first 9 months of marketing year ending October: SEA
Draw norms to assess background of Mudra loan applicants: Niti Aayog
SBI-led banks key to IBC case against Jaiprakash Associates
India's medicine, antibiotics exports gaining share in US, Italian markets: Govt data
Chinese ecommerce giant JD beats estimates for quarterly profit
SBI, PNB in talks with Karnataka govt for 'amicable resolution' of ban issue
Textiles, apparel exports rise 4.73% in July on improved demand: CITI
UK economy grows 0.6 per cent between April and June as it recovers from recession
Stringent safety norms for construction electric vehicles from October 1
Vacheron Constantin celebrates record sales, eyes growth in Indian luxury watch market
*Mint*
IndiGrid ties up with three investors to develop transmission projects
Ola to roll out portable dark stores for quick commerce
Hindustan Zinc to pay special dividend of ₹8,000 crore to shareholders: Report
Walmart surges 8% to hit record high on robust Q2 show, revenue guidance boost
CEO Aggarwal announces Ola's first AI chip for India, set for 2026 launch
Coal India to be fined if e-auction supplies not met
Adani Power to sell Bangladesh-bound power in India after Centre eases norms
Ola Electric Roadster Series e-bikes launched in India, starting at ₹74,999
Cognizant offers annual salary hike as low as 1% to employees: Report
Former CEO Schmidt blames remote working for Google's lagging AI performance.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
Mkt. Updates :
@AlliesFin
*GIFT Nifty +150 pts (24320) from Wednesday's last trade 24170 ,*
Nikkei +1050 pts ,
Hangseng +177 pts ,
Dow +554.67 pts ,Nsdq +401.90 pts, S&P
+88.01 pts , Bovespa +835 pts , Ftse +66 pts , Dax +297 pts , Cac +90 pts , Crude @ $77.95 brl (-0.21), Brent @ $80.91 brl (-0.13) , Gold @ 2495.20 (+2.80), Silver $28.415 (-0.003), Euro @ $1.0974, JPY @ $149.07, INR @ 83.945
*US GOVT. 10-YR YIELD : 3.91%*
*Today's Corporate Action, 16 Aug Ex Date*l :*
ABIRAFN
Final Dividend - Rs. - 2.5000
ALKALI
Final Dividend - Rs. - 1.0000
ANUHPHR
Final Dividend - Rs. - 2.5000
APOLLOHOSP
Final Dividend - Rs. - 10.0000
ASTRAL
Final Dividend - Rs. - 2.2500
BATAINDIA
Interim Dividend - Rs. - 10.0000
BELLACASA
Final Dividend - Rs. - 0.9700
BHARTIHEXA
Dividend - Rs. - 4.0000
CAPITALSFB
Final Dividend - Rs. - 1.2000
CERA
Buy Back of Shares
COALINDIA
Final Dividend - Rs. - 5.0000
COCHINM
Final Dividend - Rs. - 8.0000
COMFINCAP
Final Dividend - Rs. - 0.1000
COMFINTE
Final Dividend - Rs. - 0.0700
COMPUSOFT
Final Dividend - Rs. - 0.4000
CONCOR
Interim Dividend - Rs. - 2.0000
DHANUKA
Buy Back of Shares
ELCIDIN
Final Dividend - Rs. - 25.0000
ELECTCAST
Final Dividend - Rs. - 0.9000
ELIXIR
Final Dividend - Rs. - 1.2500
GLAND
Final Dividend - Rs. - 20.0000
GODREJCP
Interim Dividend - Rs. - 5.0000
GPIL
Special Dividend - Rs. - 1.2500
GPIL
Final Dividend - Rs. - 5.0000
JAMSHRI
Stock Split From Rs.1000/- to Rs.10/-
KKSHL
Final Dividend - Rs. - 0.5000
LODHA
Final Dividend - Rs. - 2.2500
MELSTAR
Resolution Plan -Suspension
NGLFINE
Final Dividend - Rs. - 1.7500
NRAIL
Final Dividend - Rs. - 2.0000
PAGEIND
Interim Dividend
POWERGRID
Final Dividend - Rs. - 2.7500
PREMCO
Final Dividend - Rs. - 2.0000
RAMRAT
Final Dividend - Rs. - 2.5000
ROSSARI
Final Dividend - Rs. - 0.5000
SOTL
Buy Back of Shares
STEELCAS
Interim Dividend - Rs. - 1.3500
THOMASCOOK
Final Dividend - Rs. - 0.4000
THOMASCOOK
Special Dividend - Rs. - 0.2000
THYROCARE
Final Dividend - Rs. - 18.0000
TREL
Interim Dividend - Rs. - 0.5000
*Today's Key Results/Board Meetings, 16-Aug-24 :*
Bheema Cements, Rapid Investments, Sharanam Infraproject and Trading, and Shri Venkatesh Refineries will release their quarterly earnings scorecard on August 16
*SEC. IN F&O BAN FOR, 16 August , 2024 :*
*1. AARTIIND 2. ABCAPITAL 3. ABFRL 4. BANDHANBNK 5. BIOCON 6. BSOFT 7. CHAMBLFERT 8. GRANULES 9. INDIACEM 10. INDIAMART 11. LICHSGFIN 12. MANAPPURAM 13. PNB 14 . RBLBANK 15 . SAIL 16. SUNTV 17. NMDC 18. PEL 19. GNFC*
*ADDITION : NMDC, PEL, GNFC*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 340 Billion*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
@AlliesFin
*GIFT Nifty +150 pts (24320) from Wednesday's last trade 24170 ,*
Nikkei +1050 pts ,
Hangseng +177 pts ,
Dow +554.67 pts ,Nsdq +401.90 pts, S&P
+88.01 pts , Bovespa +835 pts , Ftse +66 pts , Dax +297 pts , Cac +90 pts , Crude @ $77.95 brl (-0.21), Brent @ $80.91 brl (-0.13) , Gold @ 2495.20 (+2.80), Silver $28.415 (-0.003), Euro @ $1.0974, JPY @ $149.07, INR @ 83.945
*US GOVT. 10-YR YIELD : 3.91%*
*Today's Corporate Action, 16 Aug Ex Date*l :*
ABIRAFN
Final Dividend - Rs. - 2.5000
ALKALI
Final Dividend - Rs. - 1.0000
ANUHPHR
Final Dividend - Rs. - 2.5000
APOLLOHOSP
Final Dividend - Rs. - 10.0000
ASTRAL
Final Dividend - Rs. - 2.2500
BATAINDIA
Interim Dividend - Rs. - 10.0000
BELLACASA
Final Dividend - Rs. - 0.9700
BHARTIHEXA
Dividend - Rs. - 4.0000
CAPITALSFB
Final Dividend - Rs. - 1.2000
CERA
Buy Back of Shares
COALINDIA
Final Dividend - Rs. - 5.0000
COCHINM
Final Dividend - Rs. - 8.0000
COMFINCAP
Final Dividend - Rs. - 0.1000
COMFINTE
Final Dividend - Rs. - 0.0700
COMPUSOFT
Final Dividend - Rs. - 0.4000
CONCOR
Interim Dividend - Rs. - 2.0000
DHANUKA
Buy Back of Shares
ELCIDIN
Final Dividend - Rs. - 25.0000
ELECTCAST
Final Dividend - Rs. - 0.9000
ELIXIR
Final Dividend - Rs. - 1.2500
GLAND
Final Dividend - Rs. - 20.0000
GODREJCP
Interim Dividend - Rs. - 5.0000
GPIL
Special Dividend - Rs. - 1.2500
GPIL
Final Dividend - Rs. - 5.0000
JAMSHRI
Stock Split From Rs.1000/- to Rs.10/-
KKSHL
Final Dividend - Rs. - 0.5000
LODHA
Final Dividend - Rs. - 2.2500
MELSTAR
Resolution Plan -Suspension
NGLFINE
Final Dividend - Rs. - 1.7500
NRAIL
Final Dividend - Rs. - 2.0000
PAGEIND
Interim Dividend
POWERGRID
Final Dividend - Rs. - 2.7500
PREMCO
Final Dividend - Rs. - 2.0000
RAMRAT
Final Dividend - Rs. - 2.5000
ROSSARI
Final Dividend - Rs. - 0.5000
SOTL
Buy Back of Shares
STEELCAS
Interim Dividend - Rs. - 1.3500
THOMASCOOK
Final Dividend - Rs. - 0.4000
THOMASCOOK
Special Dividend - Rs. - 0.2000
THYROCARE
Final Dividend - Rs. - 18.0000
TREL
Interim Dividend - Rs. - 0.5000
*Today's Key Results/Board Meetings, 16-Aug-24 :*
Bheema Cements, Rapid Investments, Sharanam Infraproject and Trading, and Shri Venkatesh Refineries will release their quarterly earnings scorecard on August 16
*SEC. IN F&O BAN FOR, 16 August , 2024 :*
*1. AARTIIND 2. ABCAPITAL 3. ABFRL 4. BANDHANBNK 5. BIOCON 6. BSOFT 7. CHAMBLFERT 8. GRANULES 9. INDIACEM 10. INDIAMART 11. LICHSGFIN 12. MANAPPURAM 13. PNB 14 . RBLBANK 15 . SAIL 16. SUNTV 17. NMDC 18. PEL 19. GNFC*
*ADDITION : NMDC, PEL, GNFC*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 340 Billion*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Thursday 15 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*ON THIS AUSPICIOUS DAY*
@AlliesFin
Stock name : àªારત
Price : 4 trillion $
Target : 45 to 50 trillion $
Time : approx by 2047
Confirm multibagger , please don't miss it.
INDEPENDENCE DAY
Team
Aapka Saarthi Axit
Allies Fin Serve
9869958999
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
@AlliesFin
Stock name : àªારત
Price : 4 trillion $
Target : 45 to 50 trillion $
Time : approx by 2047
Confirm multibagger , please don't miss it.
INDEPENDENCE DAY
Team
Aapka Saarthi Axit
Allies Fin Serve
9869958999
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Wednesday 14 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*India Daybook – Stocks in News*
*Pokarna:* Net profit at Rs 33.10 cr vs Rs 17.90 cr, Revenue at Rs. 190 cr vs Rs 160 cr (YoY) (Positive)
*Fiem Industries:* Net profit at Rs 49 cr vs Rs 35 cr, Revenue at Rs. 573 cr vs Rs 470 cr (YoY) (Positive)
*Astra Microwave:* Net profit at Rs 7.2 cr vs loss of Rs 6.73 cr, Revenue at Rs. 155 cr vs Rs 134 cr (YoY) (Positive)
*EPL:* Net profit at Rs 64.2 cr vs Rs 54.3 cr, Revenue at Rs. 1007 cr vs Rs 910 cr (YoY) (Positive)
*Nykaa:* Net profit at Rs 13.6 cr vs Rs 5.4 cr, Revenue at Rs. 1746 cr vs Rs 1421 cr (YoY) (Positive)
*Muthoot Finance:* Net profit at Rs 1164 cr vs Rs 1022 cr, NII at Rs. 2754 cr vs Rs 2142 cr (YoY) (Positive)
*Awfis Space Solutions:* Net profit at Rs 2.79 cr vs loss of Rs 8.31 cr, Revenue at Rs. 257 cr vs Rs 187 cr (YoY) (Positive)
*Hindustan Foods:* Net profit at Rs 27.3 cr vs Rs 23.4 cr, Revenue at Rs. 868 cr vs Rs 619 cr (YoY) (Positive)
*NBCC India:* Net profit at Rs 105 cr vs Rs 75 cr, Revenue at Rs. 2119 cr vs Rs 1922 cr (YoY) (Positive)
*Federal Mogul Goetze:* Net profit at Rs 35.49 cr vs Rs 29.90 cr, Revenue at Rs. 445 cr vs Rs 410 cr (YoY) (Positive)
*SJVN:* Net profit at Rs 327 cr vs Rs 270 cr, Revenue at Rs. 958 cr vs Rs 744 cr (YoY) (Positive)
*Everest Kanto:* Net profit at Rs 28.05 cr vs Rs 21.80 cr, Revenue at Rs. 343 cr vs Rs 270 cr (YoY) (Positive)
*Gulshan Polyols:* Net profit at Rs 9.69 cr vs Rs 4.37 cr, Revenue at Rs. 455 cr vs Rs 293 cr (YoY) (Positive)
*Ashoka:* Net profit at Rs 157.9 cr vs Rs 61.6 cr, Revenue at Rs 2465 cr vs Rs 1935 cr (YoY) (Positive)
*Macpower:* Net profit at Rs 4.5 cr vs Rs 2.0 cr, Revenue at Rs. 50.2 cr vs Rs 40.6 cr (YoY) (Positive)
*IFB Agro:* Net profit at Rs 8.4 cr vs Rs 1.9 cr, Revenue at Rs. 380 cr vs Rs 335 cr (YoY) (Positive)
*Allied Blenders:* Net profit at Rs 11.19 cr vs loss of Rs 2.68 cr, Revenue at Rs. 758 cr vs Rs 814 cr (YoY) (Positive)
*Apollo Hospitals:* Net profit at Rs 305 cr vs poll Rs 274 cr, Revenue at Rs. 5085 cr vs poll Rs 5077 cr (YoY) (Positive)
*GNFC:* Net profit at Rs 118 cr vs Rs 88 cr, Revenue at Rs. 2021 cr vs Rs 1652 cr (YoY) (Positive)
*Marksans:* Net profit at Rs 89 cr vs Rs 70 cr, Revenue at Rs. 591 cr vs Rs 500 cr (YoY) (Positive)
*Yatharth:* Net profit at Rs 30.3 cr vs Rs 19 cr, Revenue at Rs. 212 cr vs Rs 155 cr (YoY) (Positive)
*Max Fin:* Net profit at Rs 156 cr vs Rs 101 cr, Revenue at Rs. 11799 cr vs Rs 9168 cr (YoY) (Positive)
*Medi Assist:* Net profit at Rs 19 cr vs Rs 18 cr, Revenue at Rs. 168 cr vs Rs 141 cr (YoY) (Positive)
*Nykaa:* Company to buy 39 % more stake in Dot & Key Wellness for Rs 265 cr (Positive)
*Coal India:* Company to allow supplies beyond annual contracted quantity to thermal power plants (Positive)
*SJVN:* Company approved monetisation of partial future revenue of Nathpa Jhakri Hydro Power Station, company approved dilution of stake in SJVN green energy (Positive)
*Bondada Engineering:* Company has recommended the sub-division/split of equity shares of the company in the ratio of 1:5. (Positive)
*L&T:* Semiconductor Technologies CEO: Co will sign 3 Indian Auto companies as client in next two weeks.. (Positive)
*Zaggle:* Signs an agreement with ONDC for facilitating issuance of PPIs for rewards. (Positive)
*Jubilant Ingrevia:* To meet Rare Enterprises on August 21 (Positive)
*Bombay Dyeing:* Company received the consideration of Rs 537.78 Crores in total thereby completing the transaction of sale of land at Worli. (Positive)
*Technocraft:* Company approved the proposal for buy-back of not exceeding 288889 shares at price of Rs 4500 (Positive)
*Shalby:* Company announces Strategic Clinical Trial Agreement with Monogram Technologies (Positive)
*Karnataka Bank:* Company unveils credit line on UPI in partnership with Navi (Positive)
*Sunteck Realty:* Company’s subsidiary has settled disputes with its joint venture partner Grand Valley General Trading LLC. (Positive)
*Rainbow:* Net profit at Rs 39.7 cr vs Rs 41.5 cr, Revenue at Rs. 330 cr vs Rs 287 cr (YoY) (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Pokarna:* Net profit at Rs 33.10 cr vs Rs 17.90 cr, Revenue at Rs. 190 cr vs Rs 160 cr (YoY) (Positive)
*Fiem Industries:* Net profit at Rs 49 cr vs Rs 35 cr, Revenue at Rs. 573 cr vs Rs 470 cr (YoY) (Positive)
*Astra Microwave:* Net profit at Rs 7.2 cr vs loss of Rs 6.73 cr, Revenue at Rs. 155 cr vs Rs 134 cr (YoY) (Positive)
*EPL:* Net profit at Rs 64.2 cr vs Rs 54.3 cr, Revenue at Rs. 1007 cr vs Rs 910 cr (YoY) (Positive)
*Nykaa:* Net profit at Rs 13.6 cr vs Rs 5.4 cr, Revenue at Rs. 1746 cr vs Rs 1421 cr (YoY) (Positive)
*Muthoot Finance:* Net profit at Rs 1164 cr vs Rs 1022 cr, NII at Rs. 2754 cr vs Rs 2142 cr (YoY) (Positive)
*Awfis Space Solutions:* Net profit at Rs 2.79 cr vs loss of Rs 8.31 cr, Revenue at Rs. 257 cr vs Rs 187 cr (YoY) (Positive)
*Hindustan Foods:* Net profit at Rs 27.3 cr vs Rs 23.4 cr, Revenue at Rs. 868 cr vs Rs 619 cr (YoY) (Positive)
*NBCC India:* Net profit at Rs 105 cr vs Rs 75 cr, Revenue at Rs. 2119 cr vs Rs 1922 cr (YoY) (Positive)
*Federal Mogul Goetze:* Net profit at Rs 35.49 cr vs Rs 29.90 cr, Revenue at Rs. 445 cr vs Rs 410 cr (YoY) (Positive)
*SJVN:* Net profit at Rs 327 cr vs Rs 270 cr, Revenue at Rs. 958 cr vs Rs 744 cr (YoY) (Positive)
*Everest Kanto:* Net profit at Rs 28.05 cr vs Rs 21.80 cr, Revenue at Rs. 343 cr vs Rs 270 cr (YoY) (Positive)
*Gulshan Polyols:* Net profit at Rs 9.69 cr vs Rs 4.37 cr, Revenue at Rs. 455 cr vs Rs 293 cr (YoY) (Positive)
*Ashoka:* Net profit at Rs 157.9 cr vs Rs 61.6 cr, Revenue at Rs 2465 cr vs Rs 1935 cr (YoY) (Positive)
*Macpower:* Net profit at Rs 4.5 cr vs Rs 2.0 cr, Revenue at Rs. 50.2 cr vs Rs 40.6 cr (YoY) (Positive)
*IFB Agro:* Net profit at Rs 8.4 cr vs Rs 1.9 cr, Revenue at Rs. 380 cr vs Rs 335 cr (YoY) (Positive)
*Allied Blenders:* Net profit at Rs 11.19 cr vs loss of Rs 2.68 cr, Revenue at Rs. 758 cr vs Rs 814 cr (YoY) (Positive)
*Apollo Hospitals:* Net profit at Rs 305 cr vs poll Rs 274 cr, Revenue at Rs. 5085 cr vs poll Rs 5077 cr (YoY) (Positive)
*GNFC:* Net profit at Rs 118 cr vs Rs 88 cr, Revenue at Rs. 2021 cr vs Rs 1652 cr (YoY) (Positive)
*Marksans:* Net profit at Rs 89 cr vs Rs 70 cr, Revenue at Rs. 591 cr vs Rs 500 cr (YoY) (Positive)
*Yatharth:* Net profit at Rs 30.3 cr vs Rs 19 cr, Revenue at Rs. 212 cr vs Rs 155 cr (YoY) (Positive)
*Max Fin:* Net profit at Rs 156 cr vs Rs 101 cr, Revenue at Rs. 11799 cr vs Rs 9168 cr (YoY) (Positive)
*Medi Assist:* Net profit at Rs 19 cr vs Rs 18 cr, Revenue at Rs. 168 cr vs Rs 141 cr (YoY) (Positive)
*Nykaa:* Company to buy 39 % more stake in Dot & Key Wellness for Rs 265 cr (Positive)
*Coal India:* Company to allow supplies beyond annual contracted quantity to thermal power plants (Positive)
*SJVN:* Company approved monetisation of partial future revenue of Nathpa Jhakri Hydro Power Station, company approved dilution of stake in SJVN green energy (Positive)
*Bondada Engineering:* Company has recommended the sub-division/split of equity shares of the company in the ratio of 1:5. (Positive)
*L&T:* Semiconductor Technologies CEO: Co will sign 3 Indian Auto companies as client in next two weeks.. (Positive)
*Zaggle:* Signs an agreement with ONDC for facilitating issuance of PPIs for rewards. (Positive)
*Jubilant Ingrevia:* To meet Rare Enterprises on August 21 (Positive)
*Bombay Dyeing:* Company received the consideration of Rs 537.78 Crores in total thereby completing the transaction of sale of land at Worli. (Positive)
*Technocraft:* Company approved the proposal for buy-back of not exceeding 288889 shares at price of Rs 4500 (Positive)
*Shalby:* Company announces Strategic Clinical Trial Agreement with Monogram Technologies (Positive)
*Karnataka Bank:* Company unveils credit line on UPI in partnership with Navi (Positive)
*Sunteck Realty:* Company’s subsidiary has settled disputes with its joint venture partner Grand Valley General Trading LLC. (Positive)
*Rainbow:* Net profit at Rs 39.7 cr vs Rs 41.5 cr, Revenue at Rs. 330 cr vs Rs 287 cr (YoY) (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
GIFT Nifty +75 pts (24235) from last trade 24159 ,
@AlliesFin
Nikkei +235 pts ,
Hangseng +60 pts ,
Dow +408.63 pts ,Nsdq +407.00 pts, S&P
+90.04 pts , Bovespa +1280 pts , Ftse +24 pts , Dax +85 pts , Cac +25 pts ,Crude @ $78.79 brl (+0.44), Brent @ $80.69 brl (+0.00) , Gold @ 2504.70 (-3.10), Silver $27.925 (+0.13), Euro @ $1.0997, JPY @ $146.83, INR @ 83.915
*Today's Corporate Action*
*14th Aug Ex Date*
ANZEN
Income Distribution (InvIT)
BEL
Final Dividend - Rs. - 0.8000
BIRET
Income Distribution RITES
DHUNINV
Final Dividend - Rs. - 2.5000
EPL
Final Dividend - Rs. - 2.3000
GPPL
Final Dividend - Rs. - 3.7000
HGINFRA
Final Dividend - Rs. - 1.5000
JINDRILL
Final Dividend - Rs. - 0.5000
KCP
Dividend - Rs. - 1.0000
KSL
Dividend - Rs. - 10.0000
MAHSEAMLES
Dividend - Rs. - 10.0000
MGL
Final Dividend - Rs. - 18.0000
MOTHERSON
Final Dividend - Rs. - 0.8000
MSUMI
Final Dividend - Rs. - 0.8000
POWERINDIA
Final Dividend - Rs. - 4.0000
RAILTEL
Final Dividend - Rs. - 1.8500
SAURASHCEM
Final Dividend - Rs. - 1.0000
SPRAYKING
Bonus issue 1:1
TTKPRESTIG
Buy Back of Shares
TTKPRESTIG
Final Dividend - Rs. - 6.0000
*Today's Key Results/Board Meetings*
*14-Aug-24*
Ola Electric Mobility, Glenmark Pharmaceuticals, Astron Paper & Board Mill, Bajaj Healthcare, GMR Power and Urban Infra, Hindustan Aeronautics, Jaiprakash Associates, KNR Constructions, Lux Industries, Mazagon Dock Shipbuilders, National Fertilizers, Apeejay Surrendra Park Hotels, Sanstar, Shriram Properties, SpiceJet, Stanley Lifestyles, Sunteck Realty, and Vascon Engineers will announce their quarterly earnings scorecard on August 14.
*Stock under F&O ban on NSE*
*14-Aug-24*
1 AARTIIND
2 ABCAPITAL
3 ABFRL
4 BANDHANBNK
5 BIOCON
6 BSOFT
7 CHAMBLFERT
8 GRANULES
9 INDIACEM
10 INDIAMART
11 LICHSGFIN
12 MANAPPURAM
13 PNB
14 RBLBANK
15 SAIL
16 SUNTV
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
@AlliesFin
Nikkei +235 pts ,
Hangseng +60 pts ,
Dow +408.63 pts ,Nsdq +407.00 pts, S&P
+90.04 pts , Bovespa +1280 pts , Ftse +24 pts , Dax +85 pts , Cac +25 pts ,Crude @ $78.79 brl (+0.44), Brent @ $80.69 brl (+0.00) , Gold @ 2504.70 (-3.10), Silver $27.925 (+0.13), Euro @ $1.0997, JPY @ $146.83, INR @ 83.915
*Today's Corporate Action*
*14th Aug Ex Date*
ANZEN
Income Distribution (InvIT)
BEL
Final Dividend - Rs. - 0.8000
BIRET
Income Distribution RITES
DHUNINV
Final Dividend - Rs. - 2.5000
EPL
Final Dividend - Rs. - 2.3000
GPPL
Final Dividend - Rs. - 3.7000
HGINFRA
Final Dividend - Rs. - 1.5000
JINDRILL
Final Dividend - Rs. - 0.5000
KCP
Dividend - Rs. - 1.0000
KSL
Dividend - Rs. - 10.0000
MAHSEAMLES
Dividend - Rs. - 10.0000
MGL
Final Dividend - Rs. - 18.0000
MOTHERSON
Final Dividend - Rs. - 0.8000
MSUMI
Final Dividend - Rs. - 0.8000
POWERINDIA
Final Dividend - Rs. - 4.0000
RAILTEL
Final Dividend - Rs. - 1.8500
SAURASHCEM
Final Dividend - Rs. - 1.0000
SPRAYKING
Bonus issue 1:1
TTKPRESTIG
Buy Back of Shares
TTKPRESTIG
Final Dividend - Rs. - 6.0000
*Today's Key Results/Board Meetings*
*14-Aug-24*
Ola Electric Mobility, Glenmark Pharmaceuticals, Astron Paper & Board Mill, Bajaj Healthcare, GMR Power and Urban Infra, Hindustan Aeronautics, Jaiprakash Associates, KNR Constructions, Lux Industries, Mazagon Dock Shipbuilders, National Fertilizers, Apeejay Surrendra Park Hotels, Sanstar, Shriram Properties, SpiceJet, Stanley Lifestyles, Sunteck Realty, and Vascon Engineers will announce their quarterly earnings scorecard on August 14.
*Stock under F&O ban on NSE*
*14-Aug-24*
1 AARTIIND
2 ABCAPITAL
3 ABFRL
4 BANDHANBNK
5 BIOCON
6 BSOFT
7 CHAMBLFERT
8 GRANULES
9 INDIACEM
10 INDIAMART
11 LICHSGFIN
12 MANAPPURAM
13 PNB
14 RBLBANK
15 SAIL
16 SUNTV
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
*News Headlines from Business News Agencies :*
*Business Standard :*
Torrent Pharma seeks to raise $3 bn for KKR's stake in JB Chemicals
India can become a $55 tn economy by 2047 with 8% growth: IMF exec director
Indian ports make bunkering activity gains amid Red Sea crisis: S&P
EEPC India, ISSDA sign MoU to promote MSME exports, international trade
Godrej Industries Q1 results: Profit up 81% at Rs 322 cr on higher income
Subdued discretionary spending to hit India's IT services growth: Report
PayU-backed Vayana raises $20.5 million in Series D funding round
EyeROV raises Rs 10 cr in pre-Series A round led by Unicorn India Ventures
Sugarcane set to reclaim dominance as ethanol feedstock next year: Industry
Marico resumes normal manufacturing ops at Bangladesh plants
RBI deputy Guv cautions against use of CBDC as 'safe havens' during crisis
Zee's Securities Issue & Allotment Committee approves FCCBs worth $239 mn
Reliance Retail gets Rs 14,839 cr debt from parent for strategic growth
*Economic Times :*
India's interest rate derivatives to get boost as top insurer LIC enters market
Boeing partners with AIESL to provide services to Indian Navy's P-8I aircraft
Ethnic wear brand Fashor raises $5 million funding from Blume Ventures
Vedanta to sell 2.6% stake in Hindustan Zinc via OFS
Alembic gets USFDA nod for generic medication
Air India Express unveils six new daily direct flights, expands connectivity across India
Trai orders telcos to stop promotional calls from unregistered senders
AirAsia launches new route from Port Blair to Kuala Lumpur
SBI aims to sell its Yes Bank stake worth Rs 18,420 cr by end-March
India to offer incentives for critical minerals extraction, govt source says
Awfis posts Q1 net profit of Rs 2.8 crore, op revenue up 37% on year
*Mint :*
Maruti Suzuki begins export of ‘Made in India’ Fronx model to Japan
India orders unusual recall of reports on Apple antitrust probe: Report
UK unemployment rises to 4.4 per cent as earnings growth remains high
Huawei readies new chip to challenge Nvidia, surmounting US sanctions
PhonePe launches pre-approved term life insurance
LIC decreases stake by 2 percent in air conditioners giant Voltas
Gujarat govt to cover Vande Bharat Train costs for state employees under LTC
NCLT approves Sarda Energy's resolution plan for SKS Power
Indus Towers launches share buyback: 56.77M shares at ₹465
Govt to launch all-India drive to weed out fake GST registrations from 16 August
Reliance Infrastructure launches new real estate subsidiary with ₹1 lakh capital
Travel fintech Niyo set for comeback after SBM India ban disrupted growth plans
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Business Standard :*
Torrent Pharma seeks to raise $3 bn for KKR's stake in JB Chemicals
India can become a $55 tn economy by 2047 with 8% growth: IMF exec director
Indian ports make bunkering activity gains amid Red Sea crisis: S&P
EEPC India, ISSDA sign MoU to promote MSME exports, international trade
Godrej Industries Q1 results: Profit up 81% at Rs 322 cr on higher income
Subdued discretionary spending to hit India's IT services growth: Report
PayU-backed Vayana raises $20.5 million in Series D funding round
EyeROV raises Rs 10 cr in pre-Series A round led by Unicorn India Ventures
Sugarcane set to reclaim dominance as ethanol feedstock next year: Industry
Marico resumes normal manufacturing ops at Bangladesh plants
RBI deputy Guv cautions against use of CBDC as 'safe havens' during crisis
Zee's Securities Issue & Allotment Committee approves FCCBs worth $239 mn
Reliance Retail gets Rs 14,839 cr debt from parent for strategic growth
*Economic Times :*
India's interest rate derivatives to get boost as top insurer LIC enters market
Boeing partners with AIESL to provide services to Indian Navy's P-8I aircraft
Ethnic wear brand Fashor raises $5 million funding from Blume Ventures
Vedanta to sell 2.6% stake in Hindustan Zinc via OFS
Alembic gets USFDA nod for generic medication
Air India Express unveils six new daily direct flights, expands connectivity across India
Trai orders telcos to stop promotional calls from unregistered senders
AirAsia launches new route from Port Blair to Kuala Lumpur
SBI aims to sell its Yes Bank stake worth Rs 18,420 cr by end-March
India to offer incentives for critical minerals extraction, govt source says
Awfis posts Q1 net profit of Rs 2.8 crore, op revenue up 37% on year
*Mint :*
Maruti Suzuki begins export of ‘Made in India’ Fronx model to Japan
India orders unusual recall of reports on Apple antitrust probe: Report
UK unemployment rises to 4.4 per cent as earnings growth remains high
Huawei readies new chip to challenge Nvidia, surmounting US sanctions
PhonePe launches pre-approved term life insurance
LIC decreases stake by 2 percent in air conditioners giant Voltas
Gujarat govt to cover Vande Bharat Train costs for state employees under LTC
NCLT approves Sarda Energy's resolution plan for SKS Power
Indus Towers launches share buyback: 56.77M shares at ₹465
Govt to launch all-India drive to weed out fake GST registrations from 16 August
Reliance Infrastructure launches new real estate subsidiary with ₹1 lakh capital
Travel fintech Niyo set for comeback after SBM India ban disrupted growth plans
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Tuesday 13 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
India Daybook Stocks in News
*Nahar Spinning:* Net profit at Rs 6.5 cr vs loss of Rs 17.5 cr, Revenue at Rs. 821 cr vs Rs 749 cr (YoY) (Positive)
*Nahar Poly:* Net profit at Rs 4.0 cr vs loss of Rs 5.8 cr, Revenue at Rs. 170 cr vs Rs 156 cr (YoY) (Positive)
*Hindustan Copper:* Net profit at Rs 113.4 cr vs Rs 47 cr, Revenue at Rs. 493 cr vs Rs 371 cr (YoY) (Positive)
*RCF:* Net profit at Rs 10.8 cr vs Rs 6.8 cr, Revenue at Rs. 4396 cr vs Rs 4043 cr (YoY) (Positive)
*DOMS Industries:* Net profit at Rs 51.80 cr vs Rs 34.60 cr, Revenue at Rs. 450.57 cr vs Rs 380.63 cr (YoY) (Positive)
*Tilaknagar Industries:* Net profit at Rs 40.34 cr vs Rs 22.02 cr, Revenue at Rs. 666.62 cr vs Rs 641.08 cr (YoY) (Positive)
*HUDCO:* Net profit at Rs 557.75 cr vs Rs 445.65cr, NII at Rs. 724.7 cr vs Rs 651.6 cr (YoY) (Positive)
*Ingersoll:* Net profit at Rs 320 cr vs Rs 305 cr, Revenue at Rs. 62 cr vs Rs 54 cr (YoY) (Positive)
*SPML:* Net profit at Rs 13 cr vs Rs 0.7 cr, Revenue at Rs. 210 cr vs Rs 350 cr (YoY) (Positive)
*Orchid Pharma:* Net profit at Rs 29.4 cr vs Rs 9.4 cr, Revenue at Rs. 244 cr vs Rs 183 cr (YoY) (Positive)
*NMDC:* Net profit at Rs 1971 cr vs poll Rs 1709 cr, Revenue at Rs. 5414 cr vs Rs 5394 cr (YoY) (Positive)
*Responsive Ind:* Net profit at Rs 48.4 cr vs Rs 30.0 cr, Revenue at Rs. 320 cr vs Rs 263 cr (YoY) (Positive)
*Uflex:* Net profit at Rs 105 cr vs Rs 8.6 cr (Before Exceptional items), Revenue at Rs. 3650 cr vs Rs 3260.0 cr (YoY) (Positive)
*Senco Gold:* Net profit at Rs 51.2 cr vs Rs 27.6 cr, Revenue at Rs 1403 cr vs Rs 1305 cr (YoY) (Positive)
*Dynacons:* Net profit at Rs 18 cr vs Rs 14 cr, Revenue at Rs. 321 cr vs Rs 295 cr (YoY) (Positive)
*Rattan India:* Net profit at Rs 85 cr vs Rs 18 cr, Revenue at Rs. 249 cr vs Rs 147 cr (YoY) (Positive)
*Grauer and Weil:* Net profit at Rs 50.7 cr vs Rs 36.9 cr, Revenue at Rs. 264 cr vs Rs 200 cr (YoY) (Positive)
*Latcose:* Net profit at Rs 3.2 cr vs Rs 1.3 cr, Revenue at Rs. 29.6 cr vs Rs 27.7 cr (YoY) (Positive)
*Dhunseri:* Net profit at Rs 69.8 cr vs Rs 40.2 cr, Revenue at Rs. 161 cr vs Rs 40 cr (YoY) (Positive)
*Jet Freight:* Net profit at Rs 1.1 cr vs loss Rs 3.1 cr, Revenue at Rs. 147 cr vs Rs 117 cr (YoY) (Positive)
*Oil Country:* Net loss at Rs 8.8 cr vs loss Rs 21.3 cr, Revenue at Rs. 25 cr vs Rs 0.2 cr (YoY) (Positive)
*GR Infraprojects:* Company gets LoI from REC Power Development for transmission project in Karnatak (Positive)
*CRISIL:* Company unit to form private entity for serving as industry association for SEBI-registered ESG ratings service providers (Positive)
*JSW Steel:* Company to acquire up to 66.7% economic interest in M Res NSW via class B shares. (Positive)
*Dhruv Consultancy:* Company shortlisted for submission of request for proposal (RFP) for consultancy services from public works department, Maharashtra and funded by Asian development bank. (Positive)
*Star Housing:* Indian overseas bank sanctioned term loan facility of Rs 100 Million to Company. (Positive)
*Pearl Global:* Company updates on plant operations in Bangladesh, company operating 100% of facilities at full capacity in Bangladesh (Positive)
*Marico:* Manufacturing operations in Bangladesh have resumed at normal scale & large majority our retail sales force & distributors have been functioning since last week. (Positive)
*MM Forging:* Procurement of 16500 Ton Hot Forging Mechanical Press (Positive)
*Hind Oil:* Approved an increase in borrowing limits of the co not exceeding Rs 750 Cr for inorganic growth opportunities (Positive)
*Singer India:* Board approves raising production capacity at J&K Plant from 90000 machines annually to 6.3 lakhs machines (Positive)
*GE Shipping:* Delivers its 2004 built Medium Range Product Tanker “Jag Pranam” (Positive)
*Cochin Shipyard:* Commenced commercial operations at its International Ship Repair Facility (ISRF) in Kerala (Positive)
*Jindal Stainless:* Company accredited as a qualified vendor by BrahMos Aerospace (Positive)
*Saregama:* Amansa Holdings acquired 15lk shares (0.8% stake) (Positive)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
*Nahar Spinning:* Net profit at Rs 6.5 cr vs loss of Rs 17.5 cr, Revenue at Rs. 821 cr vs Rs 749 cr (YoY) (Positive)
*Nahar Poly:* Net profit at Rs 4.0 cr vs loss of Rs 5.8 cr, Revenue at Rs. 170 cr vs Rs 156 cr (YoY) (Positive)
*Hindustan Copper:* Net profit at Rs 113.4 cr vs Rs 47 cr, Revenue at Rs. 493 cr vs Rs 371 cr (YoY) (Positive)
*RCF:* Net profit at Rs 10.8 cr vs Rs 6.8 cr, Revenue at Rs. 4396 cr vs Rs 4043 cr (YoY) (Positive)
*DOMS Industries:* Net profit at Rs 51.80 cr vs Rs 34.60 cr, Revenue at Rs. 450.57 cr vs Rs 380.63 cr (YoY) (Positive)
*Tilaknagar Industries:* Net profit at Rs 40.34 cr vs Rs 22.02 cr, Revenue at Rs. 666.62 cr vs Rs 641.08 cr (YoY) (Positive)
*HUDCO:* Net profit at Rs 557.75 cr vs Rs 445.65cr, NII at Rs. 724.7 cr vs Rs 651.6 cr (YoY) (Positive)
*Ingersoll:* Net profit at Rs 320 cr vs Rs 305 cr, Revenue at Rs. 62 cr vs Rs 54 cr (YoY) (Positive)
*SPML:* Net profit at Rs 13 cr vs Rs 0.7 cr, Revenue at Rs. 210 cr vs Rs 350 cr (YoY) (Positive)
*Orchid Pharma:* Net profit at Rs 29.4 cr vs Rs 9.4 cr, Revenue at Rs. 244 cr vs Rs 183 cr (YoY) (Positive)
*NMDC:* Net profit at Rs 1971 cr vs poll Rs 1709 cr, Revenue at Rs. 5414 cr vs Rs 5394 cr (YoY) (Positive)
*Responsive Ind:* Net profit at Rs 48.4 cr vs Rs 30.0 cr, Revenue at Rs. 320 cr vs Rs 263 cr (YoY) (Positive)
*Uflex:* Net profit at Rs 105 cr vs Rs 8.6 cr (Before Exceptional items), Revenue at Rs. 3650 cr vs Rs 3260.0 cr (YoY) (Positive)
*Senco Gold:* Net profit at Rs 51.2 cr vs Rs 27.6 cr, Revenue at Rs 1403 cr vs Rs 1305 cr (YoY) (Positive)
*Dynacons:* Net profit at Rs 18 cr vs Rs 14 cr, Revenue at Rs. 321 cr vs Rs 295 cr (YoY) (Positive)
*Rattan India:* Net profit at Rs 85 cr vs Rs 18 cr, Revenue at Rs. 249 cr vs Rs 147 cr (YoY) (Positive)
*Grauer and Weil:* Net profit at Rs 50.7 cr vs Rs 36.9 cr, Revenue at Rs. 264 cr vs Rs 200 cr (YoY) (Positive)
*Latcose:* Net profit at Rs 3.2 cr vs Rs 1.3 cr, Revenue at Rs. 29.6 cr vs Rs 27.7 cr (YoY) (Positive)
*Dhunseri:* Net profit at Rs 69.8 cr vs Rs 40.2 cr, Revenue at Rs. 161 cr vs Rs 40 cr (YoY) (Positive)
*Jet Freight:* Net profit at Rs 1.1 cr vs loss Rs 3.1 cr, Revenue at Rs. 147 cr vs Rs 117 cr (YoY) (Positive)
*Oil Country:* Net loss at Rs 8.8 cr vs loss Rs 21.3 cr, Revenue at Rs. 25 cr vs Rs 0.2 cr (YoY) (Positive)
*GR Infraprojects:* Company gets LoI from REC Power Development for transmission project in Karnatak (Positive)
*CRISIL:* Company unit to form private entity for serving as industry association for SEBI-registered ESG ratings service providers (Positive)
*JSW Steel:* Company to acquire up to 66.7% economic interest in M Res NSW via class B shares. (Positive)
*Dhruv Consultancy:* Company shortlisted for submission of request for proposal (RFP) for consultancy services from public works department, Maharashtra and funded by Asian development bank. (Positive)
*Star Housing:* Indian overseas bank sanctioned term loan facility of Rs 100 Million to Company. (Positive)
*Pearl Global:* Company updates on plant operations in Bangladesh, company operating 100% of facilities at full capacity in Bangladesh (Positive)
*Marico:* Manufacturing operations in Bangladesh have resumed at normal scale & large majority our retail sales force & distributors have been functioning since last week. (Positive)
*MM Forging:* Procurement of 16500 Ton Hot Forging Mechanical Press (Positive)
*Hind Oil:* Approved an increase in borrowing limits of the co not exceeding Rs 750 Cr for inorganic growth opportunities (Positive)
*Singer India:* Board approves raising production capacity at J&K Plant from 90000 machines annually to 6.3 lakhs machines (Positive)
*GE Shipping:* Delivers its 2004 built Medium Range Product Tanker “Jag Pranam” (Positive)
*Cochin Shipyard:* Commenced commercial operations at its International Ship Repair Facility (ISRF) in Kerala (Positive)
*Jindal Stainless:* Company accredited as a qualified vendor by BrahMos Aerospace (Positive)
*Saregama:* Amansa Holdings acquired 15lk shares (0.8% stake) (Positive)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
GIFT Nifty -5 pts (24355) from last trade 24360 ,
Nikkei +931 pts ,
Hangseng +49 pts ,
Dow -140.53 pts ,Nsdq +35.31 pts, S&P
+0.23 pts , Bovespa +501 pts , Ftse +42 pts , Dax +3 pts , Cac -19 pts , Crude @ $79.67 brl (-0.39), Brent @ $82.30 brl (+0.00) , Gold @ 2514.30 (+10.30), Silver $28.035 (+0.02), Euro @ $1.0934, JPY @ $146.98, INR @ 83.935
*Today's Corporate Action*
*13th Aug Ex Date*
BANDHANBNK
Dividend - Rs. - 1.5000
DVL
Final Dividend - Rs. - 5.0000
EIHAHOTELS
Final Dividend - Rs. - 6.0000
EIHAHOTELS
Bonus issue 1:1
FINEORG
Final Dividend - Rs. - 10.0000
GESHIP
Interim Dividend - Rs. - 9.0000
GREENPOWER
Right Issue of Equity Shares
HERITGFOOD
Final Dividend - Rs. - 2.5000
IKIO
Final Dividend - Rs. - 1.0000
KAARYAFSL
E.G.M.
LLOYDSME
Final Dividend - Rs. - 1.0000
MLKFOOD
Stock Split From Rs.10/- to Rs.5/-
MLKFOOD
Bonus issue 1:1
NAVNETEDUL
Final Dividend - Rs. - 2.6000
NAVNETEDUL
Buy Back of Shares
NEAGI
Dividend - Rs. - 50.0000
PATINTLOG
Final Dividend - Rs. - 0.1000
SIGMA
Final Dividend - Rs. - 0.5000
SJS
Final Dividend - Rs. - 2.0000
*Today's Key Results/Board Meetings*
*13-Aug-24*
Hero MotoCorp, Hindalco Industries, FSN E-Commerce Ventures Nykaa, Allied Blenders and Distillers, Allcargo Logistics, Anupam Rasayan India, Apollo Hospitals Enterprise, Ashoka Buildcon, Dilip Buildcon, Eclerx Services, Emcure Pharmaceuticals, Endurance Technologies, Godrej Industries, HEG, Ipca Laboratories, Indian Railway Catering and Tourism Corporation, Manappuram Finance, Medi Assist Healthcare Services, Max Financial Services, Samvardhana Motherson International, MTAR Technologies, Muthoot Finance, Nazara Technologies, NBCC India, Piramal Enterprises, Religare Enterprises, SJVN, and TBO Tek will release their quarterly earnings on August 13.
*Stock under F&O ban on NSE*
*13-Aug-24*
1 ABCAPITAL
2 ABFRL
3 BANDHANBNK
4 BIOCON
5 BSOFT
6 GRANULES
7 HINDCOPPER
8 INDIACEM
9 INDIAMART
10 LICHSGFIN
11 MANAPPURAM
12 PNB
13 RBLBANK
14 SAIL
15 SUNTV
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Nikkei +931 pts ,
Hangseng +49 pts ,
Dow -140.53 pts ,Nsdq +35.31 pts, S&P
+0.23 pts , Bovespa +501 pts , Ftse +42 pts , Dax +3 pts , Cac -19 pts , Crude @ $79.67 brl (-0.39), Brent @ $82.30 brl (+0.00) , Gold @ 2514.30 (+10.30), Silver $28.035 (+0.02), Euro @ $1.0934, JPY @ $146.98, INR @ 83.935
*Today's Corporate Action*
*13th Aug Ex Date*
BANDHANBNK
Dividend - Rs. - 1.5000
DVL
Final Dividend - Rs. - 5.0000
EIHAHOTELS
Final Dividend - Rs. - 6.0000
EIHAHOTELS
Bonus issue 1:1
FINEORG
Final Dividend - Rs. - 10.0000
GESHIP
Interim Dividend - Rs. - 9.0000
GREENPOWER
Right Issue of Equity Shares
HERITGFOOD
Final Dividend - Rs. - 2.5000
IKIO
Final Dividend - Rs. - 1.0000
KAARYAFSL
E.G.M.
LLOYDSME
Final Dividend - Rs. - 1.0000
MLKFOOD
Stock Split From Rs.10/- to Rs.5/-
MLKFOOD
Bonus issue 1:1
NAVNETEDUL
Final Dividend - Rs. - 2.6000
NAVNETEDUL
Buy Back of Shares
NEAGI
Dividend - Rs. - 50.0000
PATINTLOG
Final Dividend - Rs. - 0.1000
SIGMA
Final Dividend - Rs. - 0.5000
SJS
Final Dividend - Rs. - 2.0000
*Today's Key Results/Board Meetings*
*13-Aug-24*
Hero MotoCorp, Hindalco Industries, FSN E-Commerce Ventures Nykaa, Allied Blenders and Distillers, Allcargo Logistics, Anupam Rasayan India, Apollo Hospitals Enterprise, Ashoka Buildcon, Dilip Buildcon, Eclerx Services, Emcure Pharmaceuticals, Endurance Technologies, Godrej Industries, HEG, Ipca Laboratories, Indian Railway Catering and Tourism Corporation, Manappuram Finance, Medi Assist Healthcare Services, Max Financial Services, Samvardhana Motherson International, MTAR Technologies, Muthoot Finance, Nazara Technologies, NBCC India, Piramal Enterprises, Religare Enterprises, SJVN, and TBO Tek will release their quarterly earnings on August 13.
*Stock under F&O ban on NSE*
*13-Aug-24*
1 ABCAPITAL
2 ABFRL
3 BANDHANBNK
4 BIOCON
5 BSOFT
6 GRANULES
7 HINDCOPPER
8 INDIACEM
9 INDIAMART
10 LICHSGFIN
11 MANAPPURAM
12 PNB
13 RBLBANK
14 SAIL
15 SUNTV
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Monday 12 August 2024
AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post
India Daybook – Stocks in News
Honasa Consumer: Net profit at Rs 40.2 cr vs Rs 24.7 cr, Revenue at Rs 554 cr vs Rs 464.4 cr (YoY) (Positive)
Insecticides India: Net profit at Rs 49 cr vs Rs 29 cr, Revenue at Rs 656.7 cr vs Rs 640 cr (YoY) (Positive)
Surya Roshni: Net profit at Rs 92.5 cr vs Rs 59 cr, Revenue at Rs. 1893 cr vs Rs 1875 cr (YoY) (Positive)
Apollo Micro: Net profit at Rs 8.4 cr vs Rs 1.6 cr, Revenue at Rs. 91 cr vs Rs 58 cr (YoY) (Positive)
Inox Wind: Net profit at Rs 50.4 cr vs loss of Rs 64.9 cr, Revenue at Rs. 638 cr vs Rs 348 cr (YoY) (Positive)
Max Estate: Net profit at Rs 1.6 cr vs loss of Rs 37.8 cr, Revenue at Rs. 40 cr vs Rs 18 cr (YoY) (Positive)
Sky Gold: Net profit at Rs 21.2 cr vs Rs 10.6 cr, Revenue at Rs. 723 cr vs Rs 375 cr (YoY) (Positive)
Khazanchi Jewellers: Net profit at Rs 9.2 cr vs Rs 2.7 cr, Revenue at Rs. 381 cr vs Rs 186 cr (YoY) (Positive)
Suyog Telematics: Net profit at Rs 17 cr vs Rs 12 cr, Revenue at Rs. 46 cr vs Rs 39 cr (YoY) (Positive)
PNC Infra: Net profit at Rs 570 cr vs Rs 180 cr, Revenue at Rs. 217 cr vs Rs 209 cr (YoY) (Positive)
SMS LifeSciences: Net profit at Rs 6.4 cr vs Rs 0.70 cr, Revenue at Rs. 87 cr vs Rs 74 cr (YoY) (Positive)
Supriya Life: Net profit at Rs 44.6 cr vs Rs 28.5 cr, Revenue at Rs. 160.6 cr vs Rs 132.0 cr (YoY) (Positive)
Auro Pharma: Net profit at Rs 918 cr vs Rs 569 cr, Revenue at Rs 7,567 cr vs Rs 6,850 cr (YoY) (Positive)
Aspinwall: Net profit at Rs 3.7 cr vs Rs 1.5 cr, Revenue at Rs. 83 cr vs Rs 72 cr (YoY) (Positive)
Shree Pushkar Chemicals: Net profit at Rs 12.8 cr vs Rs 7.8 cr, Revenue at Rs. 194 cr vs Rs 175.5 cr (YoY) (Positive)
Frontier Springs: Net profit at Rs 7 cr vs Rs 1.8 cr, Revenue at Rs. 50 cr vs Rs 25 cr (YoY) (Positive)
Kirloskar Ferrous: Net profit at Rs 69.8 cr vs Rs 17.7 cr, Revenue at Rs. 1553 cr vs Rs 1535 cr (YoY) (Positive)
Innova Captab: Net profit at Rs 29 cr vs Rs 17 cr, Revenue at Rs. 294 cr vs Rs 233 cr (YoY) (Positive)
Atul Auto: Net profit at Rs 4.5 cr vs loss Rs 8 cr, Revenue at Rs. 130 cr vs Rs 50.4 cr (YoY) (Positive)
AYM Syntex: Net profit at Rs 2.3 cr vs loss Rs 11.3 cr, Revenue at Rs. 350 cr vs Rs 320 cr (YoY) (Positive)
Aarti Industries: Net profit at Rs 137 cr vs Rs 70 cr, Revenue at Rs. 1855 cr vs Rs 1414 cr (YoY) (Positive)
Nila Infra: Net profit at Rs 5.0 cr vs Rs 0.2 cr, Revenue at Rs. 41 cr vs Rs 24 cr (YoY) (Positive)
Excel Industries: Net profit at Rs 31.5 cr vs Rs 5.6 cr, Revenue at Rs. 264 cr vs Rs 214 cr (YoY) (Positive)
Balkrishna Ind: Net profit at Rs 490 cr vs Rs 332 cr, Revenue at Rs. 2714 cr vs Rs 2159 cr (YoY) (Positive)
Wockhardt: Net loss at Rs 16 cr vs loss of Rs 136 cr, Revenue at Rs. 739 cr vs Rs 644 cr (YoY) (Positive)
Indo Rama: Net loss at Rs 19 cr vs loss of Rs 55 cr, Revenue at Rs. 944 cr vs Rs 770 cr (YoY) (Positive)
GE Power: Net loss at Rs 9.5 cr vs loss of Rs 135.7 cr, Revenue at Rs. 430 cr vs Rs 424 cr (YoY) (Positive)
SCI: Net profit at Rs 291 cr vs Rs 172 cr, Revenue at Rs 1514 cr vs Rs 1200 cr (YoY) (Positive)
Liberty Shoe: Net profit at Rs 4.7 cr vs Rs 3.3 cr, Revenue at Rs 156 cr vs Rs 143 cr (YoY) (Positive)
Kovai Medical: Net profit at Rs 45.8 cr vs Rs 31.0 cr, Revenue at Rs 314 cr vs Rs 274 cr (YoY) (Positive)
Fineotex: Net profit at Rs 29 cr vs Rs 26 cr, Revenue at Rs 142 cr vs Rs 131 cr (YoY) (Positive)
Elpro: Net profit at Rs 47.5 cr vs Rs 19.5 cr, Revenue at Rs 140 cr vs Rs 51.5 cr (YoY) (Positive)
GIC RE: Net profit at Rs 1122 cr vs Rs 950 cr, Net Premium Income at Rs 11591 cr vs Rs 8334 cr (YoY) (Positive)
Emami Paper: Net profit at Rs 12.8 cr vs Rs 1.3 cr, Revenue at Rs 504 cr vs Rs 540 cr (YoY) (Positive)
Pix Transmissions: Net profit at Rs 27.5 cr vs Rs 15.8 cr, Revenue at Rs 129 cr vs Rs 112 cr (YoY) (Positive)
EMS: Net profit at Rs 37 cr vs Rs 22.8 cr, Revenue at Rs 206 cr vs Rs 138 cr (YoY) (Positive)
Advanced Enzymes: Net profit at Rs 35.0 cr vs Rs 29.0 cr, Revenue at Rs 154 cr vs Rs 147 cr (YoY) (Positive)
Muthoot Micro: Net profit at Rs 113.0 cr vs Rs 96.0 cr, Revenue at Rs 575 cr vs Rs 438 cr (YoY) (Positive)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Honasa Consumer: Net profit at Rs 40.2 cr vs Rs 24.7 cr, Revenue at Rs 554 cr vs Rs 464.4 cr (YoY) (Positive)
Insecticides India: Net profit at Rs 49 cr vs Rs 29 cr, Revenue at Rs 656.7 cr vs Rs 640 cr (YoY) (Positive)
Surya Roshni: Net profit at Rs 92.5 cr vs Rs 59 cr, Revenue at Rs. 1893 cr vs Rs 1875 cr (YoY) (Positive)
Apollo Micro: Net profit at Rs 8.4 cr vs Rs 1.6 cr, Revenue at Rs. 91 cr vs Rs 58 cr (YoY) (Positive)
Inox Wind: Net profit at Rs 50.4 cr vs loss of Rs 64.9 cr, Revenue at Rs. 638 cr vs Rs 348 cr (YoY) (Positive)
Max Estate: Net profit at Rs 1.6 cr vs loss of Rs 37.8 cr, Revenue at Rs. 40 cr vs Rs 18 cr (YoY) (Positive)
Sky Gold: Net profit at Rs 21.2 cr vs Rs 10.6 cr, Revenue at Rs. 723 cr vs Rs 375 cr (YoY) (Positive)
Khazanchi Jewellers: Net profit at Rs 9.2 cr vs Rs 2.7 cr, Revenue at Rs. 381 cr vs Rs 186 cr (YoY) (Positive)
Suyog Telematics: Net profit at Rs 17 cr vs Rs 12 cr, Revenue at Rs. 46 cr vs Rs 39 cr (YoY) (Positive)
PNC Infra: Net profit at Rs 570 cr vs Rs 180 cr, Revenue at Rs. 217 cr vs Rs 209 cr (YoY) (Positive)
SMS LifeSciences: Net profit at Rs 6.4 cr vs Rs 0.70 cr, Revenue at Rs. 87 cr vs Rs 74 cr (YoY) (Positive)
Supriya Life: Net profit at Rs 44.6 cr vs Rs 28.5 cr, Revenue at Rs. 160.6 cr vs Rs 132.0 cr (YoY) (Positive)
Auro Pharma: Net profit at Rs 918 cr vs Rs 569 cr, Revenue at Rs 7,567 cr vs Rs 6,850 cr (YoY) (Positive)
Aspinwall: Net profit at Rs 3.7 cr vs Rs 1.5 cr, Revenue at Rs. 83 cr vs Rs 72 cr (YoY) (Positive)
Shree Pushkar Chemicals: Net profit at Rs 12.8 cr vs Rs 7.8 cr, Revenue at Rs. 194 cr vs Rs 175.5 cr (YoY) (Positive)
Frontier Springs: Net profit at Rs 7 cr vs Rs 1.8 cr, Revenue at Rs. 50 cr vs Rs 25 cr (YoY) (Positive)
Kirloskar Ferrous: Net profit at Rs 69.8 cr vs Rs 17.7 cr, Revenue at Rs. 1553 cr vs Rs 1535 cr (YoY) (Positive)
Innova Captab: Net profit at Rs 29 cr vs Rs 17 cr, Revenue at Rs. 294 cr vs Rs 233 cr (YoY) (Positive)
Atul Auto: Net profit at Rs 4.5 cr vs loss Rs 8 cr, Revenue at Rs. 130 cr vs Rs 50.4 cr (YoY) (Positive)
AYM Syntex: Net profit at Rs 2.3 cr vs loss Rs 11.3 cr, Revenue at Rs. 350 cr vs Rs 320 cr (YoY) (Positive)
Aarti Industries: Net profit at Rs 137 cr vs Rs 70 cr, Revenue at Rs. 1855 cr vs Rs 1414 cr (YoY) (Positive)
Nila Infra: Net profit at Rs 5.0 cr vs Rs 0.2 cr, Revenue at Rs. 41 cr vs Rs 24 cr (YoY) (Positive)
Excel Industries: Net profit at Rs 31.5 cr vs Rs 5.6 cr, Revenue at Rs. 264 cr vs Rs 214 cr (YoY) (Positive)
Balkrishna Ind: Net profit at Rs 490 cr vs Rs 332 cr, Revenue at Rs. 2714 cr vs Rs 2159 cr (YoY) (Positive)
Wockhardt: Net loss at Rs 16 cr vs loss of Rs 136 cr, Revenue at Rs. 739 cr vs Rs 644 cr (YoY) (Positive)
Indo Rama: Net loss at Rs 19 cr vs loss of Rs 55 cr, Revenue at Rs. 944 cr vs Rs 770 cr (YoY) (Positive)
GE Power: Net loss at Rs 9.5 cr vs loss of Rs 135.7 cr, Revenue at Rs. 430 cr vs Rs 424 cr (YoY) (Positive)
SCI: Net profit at Rs 291 cr vs Rs 172 cr, Revenue at Rs 1514 cr vs Rs 1200 cr (YoY) (Positive)
Liberty Shoe: Net profit at Rs 4.7 cr vs Rs 3.3 cr, Revenue at Rs 156 cr vs Rs 143 cr (YoY) (Positive)
Kovai Medical: Net profit at Rs 45.8 cr vs Rs 31.0 cr, Revenue at Rs 314 cr vs Rs 274 cr (YoY) (Positive)
Fineotex: Net profit at Rs 29 cr vs Rs 26 cr, Revenue at Rs 142 cr vs Rs 131 cr (YoY) (Positive)
Elpro: Net profit at Rs 47.5 cr vs Rs 19.5 cr, Revenue at Rs 140 cr vs Rs 51.5 cr (YoY) (Positive)
GIC RE: Net profit at Rs 1122 cr vs Rs 950 cr, Net Premium Income at Rs 11591 cr vs Rs 8334 cr (YoY) (Positive)
Emami Paper: Net profit at Rs 12.8 cr vs Rs 1.3 cr, Revenue at Rs 504 cr vs Rs 540 cr (YoY) (Positive)
Pix Transmissions: Net profit at Rs 27.5 cr vs Rs 15.8 cr, Revenue at Rs 129 cr vs Rs 112 cr (YoY) (Positive)
EMS: Net profit at Rs 37 cr vs Rs 22.8 cr, Revenue at Rs 206 cr vs Rs 138 cr (YoY) (Positive)
Advanced Enzymes: Net profit at Rs 35.0 cr vs Rs 29.0 cr, Revenue at Rs 154 cr vs Rs 147 cr (YoY) (Positive)
Muthoot Micro: Net profit at Rs 113.0 cr vs Rs 96.0 cr, Revenue at Rs 575 cr vs Rs 438 cr (YoY) (Positive)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
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