Thursday, 12 October 2023

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

India CPI Inflation

Current: 5.02%
Expected: 5.5%
Previous: 6.83%

(Data seen lower than estimates, supportive for INR)

India Industrial Production

Current: 10.3%
Expected: 8.5%
Previous: 5.7%

(Data seen higher than estimates, supportive for INR)
By: via Telegram.me/AlliesFin #StockMarket #india

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*Today's Headlines :*

*Economic Times :*

Vedanta forms base metals unit

Go First airline gets expression of interest from Jindal Power

US House Republicans nominate Steve Scalise to replace ousted speaker Kevin McCarthy

Formal job creation under EPFO dips 14.5% in April-July

Exxon Mobil to buy shale rival Pioneer for nearly $60 billion in stock

Bharti Group to buy out French partner AXA's stake in JV

TCS Q2 Results: PAT rises 9% YoY to Rs 11,342 cr; board approves Rs 17,000 crore share buyback

Maruti Suzuki India signs MoU with IDBI to provide dealer financing solutions

Cabinet approves royalty rates for lithium mining, niobium and rare earth elements

GMR lines up Rs 4,000-crore loan to build Vizag international airport

Jungle Ventures launches programme to invest $2 million or above in seed capital

InsuranceDekho bags $60 million, valuation hits $750 million


*Business Standard :*

Meja Urja bets on UP's power demand, plans 5.6 Gw thermal capacity

Aster DM Healthcare's India unit draws suitors valuing business at $1.5 bn

Birla Carbon acquires Belgium based Nanocyl for undisclosed amount

China's CLSA ups India exposure on supportive macroeconomic outlook

Orkla announces restructuring of India operations into three business units

JP Morgan adds India to emerging market debt index; may boost for G-secs

Centre set to restrict sugar exports after poor monsoon rains: Report

India's debt to GDP ratio to peak at 82.3% in FY25, fall in FY29, says IMF

Sebi extends time for investment advisers to comply with qualification rule

Number of MF investors crosses 40 million, SIP flows scale a new high

Banks raise Certificate of deposit by 20 bps in Oct to cater credit demand


*Financial Express :*

Fiber cable quality standards in work for telcos, ISPs

L&T Hydrocarbon Business wins mega order for gas compression plants in Middle East

Govt tightens PLI rules for white goods

PayMate plans IPO in 6-9 months


*Mint :*

Urban Co forays into consumer appliances

Adani refinances $3.7 bn loan in Ambuja, ACC deal

Brent slips to $85/bbl even after Saudi's pledge to stabilise markets

NASA set to unveil first pictures of Bennu asteroid sample

RBI allows SBI MF to acquire 9.99% paid-up share capital in IndusInd Bank

India to become $30 trillion economy by 2050 with per capita income of $21,000

Delta Corp net profit up 1.6% YoY to ₹69.4 crore profit in Q2 FY24

NCLT admits insolvency plea against textile company Shrivallabh Pittie

India September oil product demand up 1.5% sequentially: Report

IMD warns of more rain in Lachen, Lachung in Sikkim until Sunday.
By: via Telegram.me/AlliesFin #StockMarket #india

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India Daybook Stocks in News


*PCBL:* Company has been granted two patents for invention, from the Indian Patent Office (Positive)

*Pricol:* Company has entered into a cooperation agreement with Heilongjiang Tianyouwei Electronics. (Positive)

*Indusind Bank:* RBI allows SBI Mutual Fund to acquire 9.99% of paid-up share capital in Bank. (Positive)

*Aster DM:* PE firms BPEA EQT & OTPP eye Aster DM assets including India biz: Sources to Bloomberg. (Positive)

*Cipla:* Gets EIR from US FDA as Voluntary Action Indicated (VAI) for its manufacturing facility in Long Island, NY, USA (Positive)

*Maruti Suzuki:* Company commences export of India-manufactured Jimny 5-door. (Positive)

*RVNL:* Company emerged lowest bidder of northeast frontier railway project worth Rs 28.73 Cr (Positive)

*EMS:* Company gets contract worth Rs 270.8 Cr from office of Municipal Corporation, Jaipur (Positive)

*Sula Vineyards:* Q2 own brand business grew by 14 percent YoY. (Positive)

*Aurobindo Pharma:* Unit in talks with Merck Sharp & Dohme; signs a limited letter of intent for CMO (Positive)

*Bajaj Hindusthan:* NCLAT set aside CCI's 2018 order (From Agencies). (Positive)

*Shakti Pumps:* Company to invest Rs 114 Cr in its Subsidiary Shakti EV Mobility. (Neutral)

*Suzlon Energy:* Company announces conversion of 16 lakh partly paid-up to fully paid-up equity shares (Neutral)

*Grasim:* Company to consider raising funds on Oct 16. (Neutral)

*Medplus:* Board approves fund raising up to Rs 1,200 Cr via NCDs and warrants (Neutral)

*Adani Enterprises:* Raises ₹700 crore via NCDs on private placement basis (Neutral)

*TCS:* Revenue seen at Rs 59,692 crore versus Rs 60196 crore, EBIT seen at Rs 14,483 crore versus Rs 14,353crore (Neutral)

*Bharti Airtel:* Bharti Life Ventures in pact with JV partner AXA to acquire AXA’s 49% stake in Bharti AXA Life Insurance (Neutral)

*Delta Corp:* Company has reported profit at Rs 69.44 crore, up 1.74 percent YoY.

*Patanjali:* Edible Oil segment faced ongoing pricing pressure during Q2 due to excessive Imports

*Vedanta:* Company's credit rating gets downgrade by India Ratings with negative outlook

*Zaggle Prepaid:* Revenue up 33.7% YoY; PAT down 67.4% YoY.
By: via Telegram.me/AlliesFin #StockMarket #india

Wednesday, 11 October 2023

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@AlliesFin

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 11-10-2023 :*

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

*TOTAL NET SELL : -21087*

*INDEX FUT. : +1120*

*INDEX OPT. : -23154*

*STOCK FUT. : +935*

*STOCK OPT. : +10*

*SEC. IN F&O BAN FOR, 12-Oct-23 :*

*1. BALRAMCHIN 2. IBULHSGFIN 3. MANAPPURAM 4. PNB 5. HINDCOPPER 6. L&TFH 7. INDIACEM*

*ADDITION : BALRAMCHIN, HINDCOPPER, INDIACEM*
*DELETION : DELTACROP, MCX*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 11-OCT-2023 :*

*FIIS : SELL -422 (12,527-12,949)*

*DIIS : BUY +1,032 (8,369-7,337)*

*BSE SENSEX : +394 (66,473)*

*NSE NIFTY : +121 (19,811)*

*BSE MIDCAP. : +177 (32,224)*

*BSE SMLCAP. : +291 (37,970)*

*B. CRUDE : $ 85.43*

*GOLD: $1870=INR 59,500(10gr)*

*SILVER : RS. 72,500 (kg)(5pm)*

*FOREX : RS. $ 83.19 *

*7.26%GOI '33: 7.3553%(99.35)*

*7.18%NEW '33: 7.3049%(99.12)*

*7.18%GOI '37: 7.4241% (97.90)*

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

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TCS: Q2 CONS
NET PROFIT 113.4B RUPEES VS 111B (QOQ); EST 112B

REVENUE 596.9B RUPEES VS 594B (QOQ); EST 601B

EBIT 144.8B RUPEES VS 138B (QOQ); EST 141B

EBIT MARGIN 24.26% VS 23.16% (QOQ); EST 23.6%

CO DECLARED SECOND INTERIM DIVIDEND OF 9 RUPEES PER SHARE

CO TO BUY BACK SHARES WORTH UP TO 170B RUPEES

BUYBACK PRICE 4150 RUPEES/SHR
By: via Telegram.me/AlliesFin #StockMarket #india

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India Daybook Stocks in News


*IFGL Refractories:* Company has received the status of 'Three Star Export House' by the DGFT (Positive)

*Crompton Greaves Consumer:* Company launched a new product named Acenza in the Storage Water Heater segment. (Positive)

*MCX:* Company will go live with its new commodity derivatives platform on October 16, days after SEBI approval. (Positive)

*Union Bank:* Sudarshana Bhat has been elevated to the post of Chief General Manager of Union Bank with effect from October 10. (Positive)

*NCL Industries:* Company has announced cement production for the Q2FY24 at 6,59,300 MT, up 9 percent YoY (Positive)

*HDFC AMC:* CEO Navneet Munot appointed as Chairman of AMFI. (Positive)

*PVR INOX:* NCLT allowed scheme of amalgamation of Shouri Properties with co (Positive)

*Samvardhana Motherson:* Company has incorporated Motherson Groups Investments USA Inc. for acquiring, investing and holding movable and immovable assets of the group (Positive)

*Ugro Capital:* Company's AUM grew 73% year on year to Rs 7,590 crore in Q2 of FY24. Overall efficiency improved by 80 bps to 97.6% in Q2. (Positive)

*PI Industries:* Therachem Research Medilab and Solis Pharmachem have been merged into parent company PI Health Sciences (Positive)

*Fine Organics:* Company has incorporated a wholly owned subsidiary company named ‘Fine Organic Industries (SEZ) Private Limited’ in India. (Positive)

*Titan:* Board of Directors will be meeting on October 17, to consider issuance of non-convertible debentures. (Neutral)

*Birla Corporation:* Company has received an order from the Office of Collector (Mining), Satna, Madhya Pradesh, imposing a penalty of Rs 8.43 crore for excess production of limestone (Neutral)

*Zee Ent:* Served with appeal on behalf of IDBI Trusteeship Services against co before NCLAT, Delhi. (Neutral)

*Wipro:* Signs definitive agreement to subscribe to equity share capital in FPEL Ujwal Private. (Neutral)

*Akzo Nobel:* Company receives communication/demand order for collection of GST along with interest and penalty (Neutral)

*Bank Baroda:* Board meeting today to consider Fund Raising through issuance of long term Bonds for financing of infrastructure and affordable housing (Neutral)

*KPI Green:* Board meeting today to consider Fund Raising through issuance of preferential issue of shares or any other mode (Neutral)

*Aurionpro:* Board meeting today to consider Fund Raising through issuance of preferential issue of shares or any other mode (Neutral)

*Shakti Pumps:* Board meeting today to consider investment of Rs 114.29 Crores in subsidiary Shakti EV Mobility for the next 5 years (Neutral)

*Medplus:* Board meeting today to consider Fund Raising through issuance of preferential issue of shares or any other mode (Neutral)

*Bank Baroda:* RBI asks Bank to suspend on boarding customers onto the ‘bob World’ mobile application.

*EIH Associated:* Shib Sanker Mukherji has resigned from the office of Chairman and Director of the company due to personal reasons
By: via Telegram.me/AlliesFin #StockMarket #india

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Mkt. Updates :

*GIFT Nifty +40 pts (19786) from last trade 19746 ,*

Nikkei +101 pts ,
Hangseng +292 pts ,

Dow +134.65 pts ,Nsdq +84.36 pts, S&P
+22.58 pts , Bovespa +1581 pts , Ftse +136 pts , Dax +295 pts , Cac +141 pts , Crude @ $85.94 brl (-0.03), Brent @ $87.69 brl (-0.04) , Gold @ 1873.60 (-1.70), Silver @ $21.983 (+0.03), Euro @ $1.0605, JPY @ $148.60,  INR @ 83.255


*US GOVT. 10-YR YIELD : 4.64%*


*Today's Corporate Action, 11 Oct Ex Date :*

JYOTISTRUC
E.G.M. 
REFNOL
Amalgamation 


*Today's Key Results/Board Meetings, 11-Oct-23 :*

BANKBARODA
General  
DELTACORP
Quarterly Results  
DPLRight Issue of Equity Shares;Half Yearly Results
INTECCAP
General  
JONJUA
General  
JRELTD
General;Quarterly Results  
MEDPLUS
General  
NATIONSTD
Quarterly Results  
PAVNAIND
Increase in Authorised Capital  
PLASTIBLEN
Quarterly Results  
RSYSTEMINT
Employees Stock Option Plan;General 
SAMHI
Quarterly Results  
SEL
Quarterly Results  
SHAHLON
General  
SHAKTIPUMP
General  
SIGNATURE
Quarterly Results  
TCS
Interim Dividend;Audited Results;Quarterly Results
UNTTEMI
General  
ZAGGLE
Quarterly Results  


*SEC. IN F&O BAN FOR, 11-Oct-23 :*

*1. DELTACROP 2. IBULHSGFIN 3. MANAPPURAM 4. PNB 5. MCX 6. L&TFH*

*ADDITION : NIL*
*DELETION : NIL*
By: via Telegram.me/AlliesFin #StockMarket #india

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

SEBI panel backs 30-minute VWAP for expiry settlement, puts CAS-linked formula on hold - https://www.moneycontrol.com/news/business/markets/...