Panacea Biotec: The company has received long-term supply awards worth $127.30 million (Rs 1,040 crore) from UNICEF and Pan American Health Organization - Positive

IRB InvIT Fund: Toll collection of the fund increased 39% on-year across its existing road portfolio at Rs 72.61 crore. - positive

RB Infrastructure Developers: The company reported toll revenue collection of Rs 328.24 crore, declining 2% from previous month’s collection. The revenue rose 36.6% Year-on-Year. India Cements: The company divested its entire shareholdings in Springway Mining Private Limited to JSW Cement for a total consideration of Rs 476.87 crore.

India Cements: The company divested its entire shareholdings in Springway Mining Private Limited to JSW Cement for a total consideration of Rs 476.87 crore. - positive

Ashiana Housing: The company booked 224 units in Phase 1 of Gurugram project worth Rs 242.6 crore.

Adani in Talks to Buy Jaiprakash’s Cement Unit for $606 Million - Adani Group is in advanced talks with debt-laden Jaiprakash Power Ventures Ltd. to buy its cement unit and could pay about Rs5000cr ($606 million) for a cement grinding unit and other smaller assets.

Adani Green Energy has completed acquisition of 100% equity share capital of 3 entities namely, Wind One Renergy, Wind Three Renergy and Wind Five Renergy as each housing 50 MW operational wind power projects. – positive

JSW Steel Q2 steel output of 5.68 million tons was 3% lower than the previous three months. The sequential drop was mainly due to extended maintenance shutdowns. – positive

Nykaa partners with California based fashion retailer Revolve – With the launch of the California-based, next-generation fashion retailer REVOLVE on its own platform, Nykaa Fashion opens doors to a seamless international shopping experience in India," the company said - Positive

SBI - As part of its festive season campaign, the State Bank of India (SBI) is offering a 15 to 30 basis point discount on home loans from October 4, 2022, to January 31, 2023. As of now, interest rates for SBI

CAMS is considering to equity investment in its subsidiary CAMS Financial Information Services Pvt, in its board meeting on October 17. CAMS Financial Information Services is an account aggregator and has been registered with RBI as an NBFC - Account Aggregator. – positive

Redington Industries - Apple's wireless earphones AirPods will be manufactured in India, CNBC TV18 quoted India's IT ministry as saying on Monday. The iPhone 14 will be manufactured by December this year at the Foxconn's facility in Chennai, the report added. – Expects positive for one of the major distributer Redington

Easymy Trip announced bonus of 3 shares of every share held and approved stock split each share into two – from Rs2 to Re1 – Avoid

GMR Infra - Delhi International Airport Limited (DIAL), a member of the GMR group, is revising its fundraising strategy and will collect up to Rs1,600 crore through Debentures and Plans are modified to use debt securities instead of lease finance – positive

Orbit Exports has successfully completed the installation of new water jet looms at its production unit situated at Plot 30, Fairdeal Textile Park, Village Mahuvej, Surat

SBI has put up a number of non-performing assets for sale this month and the following month, including the fraud account of Sintex BAPL, in an effort to recover more than Rs746 crore – positive

PNC Infratech has announced that for two Hybrid Annuity Mode (HAM) Projects namely Kanpur-Lucknow Expressway package worth Rs1413cr

Dhabriya Polywood Ltd has commenced manufacturing of uPVC Doors & Windows at its new factory situated at Dodballapur Industrial Area, Bengaluru.- positive

H.G. Infra Engineering has received the letter from National Highways Authority of India (NHAI') projects worth Rs523. 59cr – positive

Tata Sons Chairman N Chandrasekaran says while we have to manage #inflation, strongly believe we have to support #growth.

See #India becoming a $5 tn & #Maharashtra a $1 tn #economy soon. #alliesfin

*Mkt. Updates :*

*SGX Nifty +41 pts (17002) from last trade 16961 ,*

Nikkei +83 pts ,
Hangseng -74 pts ,
Around @ 6.53am .

Dow +36.31 pts ,Nsdq -115.91 pts, S&P
-23.55 pts , Bovespa -1113 pts , Ftse -74 pts , Dax -52 pts , Cac -7 pts , Crude @ $88.63 brl (-0.72), Brent @ $94.29 brl (+0.00) , Gold @ 1671.10 (-14.90), Silver @ $19.12 (-0.36), Euro @ $0.9693, JPY @ $146.12, INR @ 82.255


*US GOVT. 10-YEAR YIELD : 3.95%*


*Today's Corporate Action, 12 Oct Ex Date :*

COLORCHIPS
Stock  Split From Rs.10/- to Rs.2/-GREENCREST
Stock  Split From Rs.10/- to Rs.1/-KAARYAFSL
Bonus issue 1:1
NIKHILAD
Stock  Split From Rs.10/- to Rs.1/-SECMARK
Bonus issue 3:2
SHBCLQ
Bonus issue 1:2


*Today's Key Results/Board Meetings, 12-Oct-22 :*

7NR
Quarterly Results   
ARTSONEN
Quarterly Results   
BIRLAPRECGeneral   
DYNAVSN
General   
HCLTECH
Quarterly Results;Interim Dividend  
INDITALIA
General   
MANGIND
Quarterly Results   
MNIL
General;Quarterly Results   
NATIONSTD
Quarterly Results   
NXTDIGITAL
Quarterly Results   
SARDAPPR
Preferential Issue of shares;General  
SCBL
Quarterly Results   
SEL
Quarterly Results   
STANCAP
Quarterly Results   
SWSOLAR
General;Quarterly Results   
WIPRO
Quarterly Results   
YASHCHEM
Quarterly Results   


*SEC. IN F&O BAN FOR, 11 OCT, 2022 :*

*1. IBULHSGFIN 2. INDIACEM 3. DELTACORP*

*ADDITION : DELTACORP*
*DELETION : NIL*

• IMF Warns Worst to Come as Steps to Slow Inflation Raise Risks

o IMF’s Asian Economies GDP, CPI, Unemployment Forecasts

• RBI Issues Rules for Unhedged Foreign Currency Exposure

• RBI Revises Regulatory Framework for Asset Reconstruction Cos

• Toyota Launches Pilot Project for Flex-Fuel Hybrid Car in India

• Stocks in India Slump as Rate Hike Worries Trigger Global Rout

• India Securitization Volume Up 70% in First Half of FY23: ICRA

• HCL Tech to Report Results; Shares Down 27.5% YTD: Preview

• Wipro to Report Results; Shares Down 42.7% YTD: Preview

• Global Funds Sell Net INR46.1B of India Stocks on Tuesday: NSE

o Domestic funds buy net 24.3 billion rupees of stocks

• IMF cuts India’s economic growth forecast to 6.8 pc in 2022: PTI

• RCF inks pact with German firm’s arm for long-term supply of MoP: PTI

• 5:30pm: India Sept. Consumer Price Inflation y/y; est. 7.37%, prior 7.00%

• 5:30pm: India Aug. Industrial Production y/y; est. 1.7%, prior 2.4%

• Delta Corp (DELTA): 2Q net income 682.5m rupees vs. loss 225.7m y/y; revenue 2.7b vs. 747.2m y/y

• Genesys International (GENE): Gets INR460m order for mapping project

• IndusInd Bank (IIB): Route One Fund sells 12m shares in IIB, while Goldman Sachs buys 6.97m shares: NSE Bulk Deals

• Indian Railway Finance Corp (IRFC): In pact with IIFCL for financing railway infrastructure projects

• JSW Steel (JSTL): Joins the United Nations Global Compact Initiative

• Mahindra & Mahindra (MM): Says Jio-BP to set up charging network for Mahindra’s e-SUVs

• Marksans Pharma (MRKS): To buy Tevapharm Goa bulk formulation business

• NMDC (NMDC): Says Got Corporate Affairs Ministry Nod for Steel Demerger

• Spandana Sphoorty (SPANDANA): To consider raising funds on Oct. 14

• Suzlon Energy (SUEL): Wins order of 144.9mw wind power projects from Aditya Birla Group; Bank of Baroda sold 40.1m shares of SUEL in two blocks: NSE Bulk Deals

• Tata Consultancy Services (TCS): Says Quartz Solution to support entire lifecycle of CBDT

• Tilaknagar Industries (TLNGR): EARC TRUST SC sold 4.2m shares of TLNGR in three blocks, BOFA Securities Europe SA buys 4.69m shares: NSE Bulk Deals

India Daybook – Stocks in News


*Suzlon:* Company secures order of 144.9 MW from The Aditya Birla Group (Positive)

*Railway stocks:* Railways' revenue earnings up by 92% in passenger segment. (Positive)

*Suven Life:* To Consider and Approve Terms of the Rights Issue including Issue Price and Record Date (Positive)

*L&T Fin:* Gets SEBI Nod For Change In Control Of L&T AMC With Conditions (Positive)

*Star Housing:* To Consider Stock Split, Bonus Issue on 17th October. (Positive)

*Genesys:* Bags Order Worth Rs 46 Crore From Andhra Pradesh Government For Mapping Project. (Positive)

*Honeywell:* Announced a new, innovative ethanol-to-jet fuel (ETJ) processing technology (Positive)

*IRFC:* Signs MoU With IIFCL To Strengthen Cooperation In Financing Railway Infra Projects (Positive)

*NMDC:* Says Got Corporate Affairs Ministry Nod for Steel Demerger (Positive)

*Tata Consultancy Services:* Says Quartz Solution to support entire lifecycle of CBDT (Positive)

*Tilaknagar Industries:* EARC TRUST SC sold 4.2m shares of TLNGR in three blocks, BOFA Securities Europe SA buys 4.69m shares (Positive)

*Delta Corp:* Cons net profit at Rs 68.3 cr Vs loss of Rs 22.6 cr YoY, Cons revenue at Rs 270 cr Vs Rs 75 cr (YoY). (Neutral)

*Gujarat Pipavav:* Q2 container volume up 18.5% (YoY) & down 0.5% (QoQ) (Neutral)

*IndusInd Bank:* Route One Fund sells 12m shares in IIB, while Goldman Sachs buys 6.97m shares: NSE Bulk Deals (Neutral)

*JSW Steel:* Joins the United Nations Global Compact Initiative (Neutral)

*Mahindra & Mahindra:* Says Jio-BP to set up charging network for Mahindra’s e-SUVs (Neutral)

*Spandana Sphoorty:* To consider raising funds on Oct. 14 (Neutral)

*Infosys:* The stock will be in focus as Ravi Kumar S has resigned as president effective October 11. (Neutral)

*REC:* The company has transferred its entire shareholding in ER-NER Transmission at par value along with all its assets and liabilities to Power Grid Corporation of India (Neutral)

*VST Tillers:* First Sentier Investors ICVC-SI Asia Pacific Sustainability Fund sold 1,62,707 shares.

*Business & Economy news*

*INDIA-RELATED :*

* IMF cuts India FY23 GDP growth estimate by 60 bps to 6.8% (Informist)

* RBI allows asset recast cos to act as resolution applicant under IBC (Informist)

* RBI issues revised norms for banks on borrowers' unhedged FX exposure (Informist)

* RBI tightens NPA, provisioning divergence disclosure norms for banks (Informist)

* RBI sets threshold to classify 'middle layer' non-bank lenders (Informist)

* CP supply by NBFCs jumps 32% in Sep, issuances by others fall (Informist)

* Infosys President Ravi Kumar resigns effective today (Informist)

* Suzlon Energy aims to cut debt by 5.84 bln rupees by end of October (Informist)

* Govt nudges Apple, Samsung and others to release 5G updates (RTR)

* Global coffee prices fall 0.2% on month to 199.63 cents a pound in Sep (Informist)

* Brigade Enterprises announces succession planning, splits CMD post (Informist)

* M&M, Jio-bp in pact to set up charging network for electric vehicles (Informist)

* Housing project launch to gain pace in festival season, says report (Informist)

* Govt ups base import price of silver by $67/kg, keeps gold unchanged (Informist)

* China’s BYD enters India's passenger car market amid global push (RTR)

* Govt may sell residual stake post strategic disinvestment in IDBI Bank to public (BL)

* India offers 26 blocks for producing oil, gas in mega offshore bid round (ET)

* Railways revenue up by 92% in passenger segment (Mint)

*FROM OVERSEAS :*

* IMF retains 2022 global GDP growth view, warns of recession feel 2023 (Informist)

* Putin says Russia not working 'against anyone' in energy markets (RTR)

* Russia’s financial monitoring agency adds Meta to ‘extremists’ list (RTR)

* Biden re-evaluating US relationship with Saudis after OPEC decision to cut production (RTR)
Biden's labor rule to shake up gig economy that relies on contractors (RTR)

* Goldman Sachs says too early to price in a Fed policy pivot (BB)

* Bank of England widens bond purchases as it warns of financial stability risk (FT)

* AstraZeneca nasal spray vaccine for COVID fizzles in small, early trial (BB)

* Nissan takes $687 mln loss on sale of Russian business to state-owned entity for 1 euro (RTR)

* Japan’s FX reserves fall by record $54 bln (FT)

* US Supreme Court spurns McKinsey & Co appeal in bankruptcy conflicts case (RTR)

* General Motors broadens electric goals with new division (AP)

* Renault CEO seeks partner on hybrids to bring scale, cut costs (RTR)

* Australia to cap work hours for international students again (ET)

* Sri Lanka to keep ‘middle-income’ status but seek concessional loans (RTR)

STOCKS TO WATCH: SWSOLAR, GODFREY PHILLIPS, MARKSANS PHARMA, CESC, SIEMENS, WE WIN, RELIANCE POWER, TATA POWER, ADANI PORTS, JUBILANT INGREVIA, UGAR SUGAR, SUVEN LIFE, HCL TECH, ADANI WILMAR, TANLA PLATFORM, MAHARASHTRA SEAMLESS, TCS, SAIL, WIPRO

Sterling And Wilson Renewable Energy: Co Wins Order Worth 22b Rupees Got Order From NTPC Renewable Energy Limited

Godfrey Phillips India: Co Executed Agreements To Sell Trademarks, Assets Of Chewing Business For 800m Rupees

Marksans Pharma: Co Proposed Capacity Addition Of 8b Units Per Annum Investment Of 2b Rupees Required

CESC: Board Meeting On Oct 15 To Consider Issue Of Non-Convertible Debentures Worth Upto 3b Rupees

Siemens: NTPC And Co Sign MOU For Demonstrating Hydrogen Co-Firing In Faridabad Gas Power Plant

WE WIN: Co Received Work Order For Providing And Operationalizing The Contact Centre For Paytm Project Cost 309.6m Rupees

Reliance Power: Co And Its Subsidiaries Execute Definitive Documents To Raise Debt Of About Rs.1,000 Crore From Varde Partners Proceeds To Be Used To Settle Debt

Tata Power: Co To Develop Tata Motors' 7 MW Solar Project At Its Pantnagar Manufacturing Facility

Adani Ports: Co. Gets Letter Of Award From West Bengal Industrial Development Corporation Ltd, Kolkata For Development Of Deep-Sea Port At Tajpur, West Bengal On Design, Build, Finance, Operate And Transfer Basis

Jubilant Ingrevia: Co Has Issued Commercial Papers Of 1b Rupees On Oct 12

Ugar Sugar Works: Co Received Consent For Operation For 645 KLPD Distillery At Ugar Plant

Suven Life Sciences: Co Approved Rights Issue Of Shares In 1:2 Ratio Rights Share Issue Price Rupees 55 Per Fully Paid-Up Equity Share

HCL Tech: Q2 Cons Net Profit 34.89b Rupees Vs 32.8b (QoQ); Est 34.11b | 32.6b (YoY) Q2 Revenue 246.9b Rupees Vs 235b (QoQ); 206.6b (YoY)

Adani Wilmar: Co Says Multiple Macro Challenges Continued To Impact Business In Quarter Overall Revenue Expected To Grow At Low Single Digit During Q2

Tanla Platform: Co Fixes Oct 25 As Record Date For Buyback

Maharashtra Seamless: Board Meeting On Oct 17 To Consider Issue Of Bonus Shares Co To Also Consider Sub Division Of Shares

TCS: Envestnet Data And Analytics Business Announces Partnership With Co Envestnet- Further Terms Of Arrangement Were Not Disclosed

SAIL: Govt Scraps Strategic Sale Of Sail's Bhadravati Steelplant Due To Insufficient Bidder Interest

WIPRO: Q2 Cons Net Profit 26.6b Rupees Vs 25.64b (QoQ) Est 28.44b | 29.3b(YoY) Q2 Revenue 225.4b Rupees Vs 215.3b (QoQ); 196.67b (YoY)

• Truss Faces Fresh Headache as India-UK Free Trade Deal Stuck
o October deadline for concluding talks likely to be missed
• India’s September Inflation at Five-Month High on Food Costs
o Food prices rose 8.6% driven by erratic monsoon rains
o India Sept. Consumer Prices Rise 7.41% Y/y, Est. +7.36%
o India Aug. Industrial Production Falls 0.8% Y/y, Est. +1.7%
• India Provides $2.7 Billion to Fuel Retailers Hit by Oil Costs
• India Budget to Focus on Boosting Growth Amid Inflation Woes
• India to Invest $4.3 Billion in Five Coal Gasification Projects
o Coal India, BHEL, IOCL, GAIL in Pact on Coal Gasification
• Most Valuable Indian Startup Targets Profitability by March 2023
• Infosys Contracts Seen Keeping Sales Growth Robust: Preview
• Mindtree to Report Results; Shares Down 31.2% YTD: Preview
• Global Funds Sell Net INR5.42B of India Stocks Wednesday: NSE
o Domestic funds buy net 853.2m rupees of stocks
• RBI to tell govt why it failed to check inflation since Jan: PTI
• PepsiCo reports double-digit growth for qtr ended Sept. in India: PTI
• Adani Ports (ADSEZ): Gets Letter of Award to Develop Deep-Sea Port at Tajpur, West Bengal
• Adani Wilmar (AWLTD): Sees 2Q Revenue Growing at Low Single Digit
• Coal India (COAL):Sees Power Plant Inventories Rising 77% by March
• Godfrey Phillips (GP): To sell some chewing ops trademarks, assets for INR800m
• HCL Technologies (HCLT): 2Q net income +7.1% y/y to 34.9b rupees, beats est. 34.15b; revenue +20% to 246.9b
• ITC (ITC): Incorporates unit ITC Infotech Do Brasil LTDA in Brazil
• Life Insurance Corp (LICI): Says its stake in Power Grid Corp. down to 3.3% from 5.3% in May
• Saregama India (SARE): New Content to Boost Indian Music Label Saregama: JM Financial
• Tata Power (TPWR): To make Tata Motors’s 7mw solar project at Pantnagar
• Vedanta (VEDL): Says Shareholders Approve Shifting Its Cash From Reserves
• Wipro (WPRO): 2Q net income -9.2% y/y to 26.6b rupees, misses est. 28.45b; revenue +15% to 225.4b; sees 3Q revenue $2.81b-$2.85b

Today's Corporate Action
13th Oct Ex Date



GCSL
Bonus issue 8:1
INFRATRUST
Income Distribution (InvIT)



Today's Key Results/Board Meetings
13-Oct-22



ABHIJIT
Quarterly Results
ALSTONE
Quarterly Results
ANANDRATHI
Quarterly Results;Interim Dividend
ANGELONE
Quarterly Results;Interim Dividend
ASHAI
General
ATHARVENT
General;Quarterly Results
BIRLAMONEY
Quarterly Results
CYIENT
Quarterly Results
DEN
Quarterly Results
INFY
Quarterly Results;Audited Results;Interim Dividend
MINDTREE
Quarterly Results
ROSELABS
Quarterly Results
SCPL
Half Yearly Results
SHRINIWAS
Quarterly Results
VEERENRGY
Bonus issue



Stock under F&O ban on NSE
13-Oct-22



1 DELTACORP

2 IBULHSGFIN

Nifty Cmp 17001 @AlliesFin
Post today's inflation data in US and end of BOE bond buying tomorrow,🤞for a strong bounce across the global equity markets and start of Santa Rally. Only thing to watch maybe the US mid-term elections in November, mostly will be a non event.
Telegram.me/AlliesFin/12182
Like 👍 Share 🤝 Save 💯

INFOSYS Q2 : CONS. NET PROFIT UP 12 % AT 6021 CR (QOQ) , UP % 11 (YOY)

REVENUE UP 6 % AT 36538 CR (QOQ) , UP 23 % (YOY)

EBIT UP 13.9 % AT 7873 CR (QOQ) , UP 12.9 % (YOY)

MARGINS AT 21.5 % V 20.1 % (QOQ), 23.6 % (YOY]

TELEGRAM @ALLIESFIN

INFOSYS: BOARD APPROVED SHARE BUYBACK UPTO 9300 CR Rs 1850/share VIA OPEN MARKET

BETTER MARGINS AND GUIDANCE.

Dow up 1400 point's from lows.
Don't worry about this. They are managing supply side inflation. If economy goes into recession they may start QE. So focus on Bharat an emerging economy. 🇮🇳🌟

*SGX Nifty +180 pts (17188) from last trade 17008 ,*


Nikkei +686 pts ,
Hangseng +283 pts ,
Around @ 6.57am .


Dow +827.87 pts ,Nsdq +232.05 pts, S&P
+92.88 pts , Bovespa -527 pts , Ftse +24 pts , Dax +183 pts , Cac +60 pts , Crude @ $89.08 brl (-0.03), Brent @ $94.57 brl (+0.00) , Gold @ 1670.80 (-6.20), Silver @ $18.835 (-0.08), Euro @ $0.9768, JPY @ $147.29, INR @ 82.175


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



Veeram Securities Ltd
Bonus issue 1:2




*Today's Key Results/Board Meetings*
*14-Oct-22*



AMAL
General   
BAJAJ-AUTO*
Quarterly Results   
CHARMS
Quarterly Results   
DRCSYSTEMS
Quarterly Results;General   
FEDERALBNK
Quarterly Results   
PLASTIBLEN
Quarterly Results   
ROJL
Half Yearly Results   
SHREECEM
Quarterly Results   
SUKHJITS
General   
SYSCO
General   
TATAELXSI
Quarterly Results   



*Stock under F&O ban on NSE*
*14-Oct-22*



1 DELTACORP

2 IBULHSGFIN

NIFTY TESTED 17300 TODAY ITSELF.

😊 @ALLIESFIN

US STOCKS Vs BONDS RETURNS 1926 TO 2022 @ALLIESFIN

Financial Well-Being Dives into the three core areas of Personal Finance :
Here's what you Learn :)

☝️ Wealth Creation through Equity
✌️Goal based Investment approach
🤟How to Over Come Wrong Financial Decisions

Online Presentation
Friday 21 Oct 2022
Eve 4 pm to 5 Pm

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