DBS Bank, Singapore’s largest bank has announced opening of its IFSC Banking Unit (IBU) in GIFT City, Gujarat.

Abu Dhabi Investment Authority (ADIA) will set up its base in GIFT City.

🔸ADIA’s setup will come up at GIFT City in the next few months.

🔸It will further facilitate investment opportunities for the UAE in India.

GIFT 🇮🇳🇮🇳

Gandhinagar is next Dubai ...

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 18-07-2023 :*

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

*TOTAL NET SELL : -11495* 😭

*INDEX FUT. : +500*

*INDEX OPT. : -11307*

*STOCK FUT. : -544*

*STOCK OPT. : -143*

*SEC. IN F&O BAN FOR, 19 JULY, 2023 :*

*1. DELTACORP 2. RBLBANK 3. IBULHSGFIN 4. MANAPPURAM*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 18-JULY-2023 :*

*FIIS : BUY +2,116 (11,070-8,954)* 😄

*DIIS : BUY -1,318 (6,778-8,096)* 😢

*BSE SENSEX : +205 (66,795)🔼*

*NSE NIFTY : +38 (19,749)*🔼

*BSE MIDCAP. : -54 (29,423)*🔽

*BSE SMLCAP. : -158 (33,829)*🔽

*B. CRUDE : $ 78.52* 🔽 🙂

*GOLD: $1982=INR 59,340(10gr)* 🔼 😊

*SILVER : RS. 78,300 (kg) (5pm)* 🔼 🙂

*FOREX : RS. $ 82.03* 🔼 🙂

*7.26% GOI '33: 7.0566%(101.39)*🔽🙂

*7.41% GOI '36 : 7.1512% (102.20)*🔽🙂

Esm revised

*GIFT Nifty +33 pts (19806) from last trade 19773 ,*


Nikkei +361 pts ,
Hangseng -189 pts ,
Around @ 6.52am .


Dow +366.58 pts ,Nsdq +108.69 pts, S&P +32.19 pts , Bovespa -378 pts , Ftse +47 pts , Dax +56 pts , Cac +27 pts , Crude @ $75.65 brl (-0.10), Brent @ $79.62 brl (-0.01) , Gold @ 1981.10 (+0.30), Silver @ $25.265 (+0.00), Euro @ $1.1225, JPY @ $138.93, INR @ 82.06




*Today's Corporate Action*
*19th July Ex Date*



BCPL
Final Dividend - Rs. - 0.7000
BLUEDART
Dividend - Rs. - 30.0000
JENBURPH
Dividend - Rs. - 14.4000
MAHLIFE
Dividend - Rs. - 2.3000
MASFIN
Final Dividend - Rs. - 1.8500
PRAJIND
Dividend - Rs. - 4.5000
SWELECTES
Final Dividend - Rs. - 1.2000
TEJNAKSH
Stock  Split From Rs.10/- to Rs.5/-



*Today's Board Meetings*
*19-Jul-23*



ACGL
Quarterly Results    
ALOKTEXT
Quarterly Results    
BETALA
Quarterly Results    
CANFINHOME
Quarterly Results    
CENTURYTEX
Quarterly Results    
FINOLEXIND
Quarterly Results    
FREDUN
Quarterly Results    
GOODLUCK
Quarterly Results    
HATSUN
Interim Dividend;General;Quarterly Results
INDBANK
Quarterly Results    
INDBNK
Quarterly Results    
INTEGRAEN
General;Quarterly Results  
JUBLPHARMA
Quarterly Results    
KCPSUGIND
Quarterly Results    
L&TFH
Quarterly Results    
MAHABANK
Quarterly Results    
MASTEK
Quarterly Results    
NEWGEN
Quarterly Results    
ORIRAIL
Quarterly Results    
PREMEXPLQ
Quarterly Results    
RASSIREF
Audited Results;Quarterly Results
SERA
General      
SHAH
General      
SHEMAROO
Quarterly Results    
TATACOFFEE
Quarterly Results    
TATACOMM
General;Quarterly Results  
TEEAI
Audited Results;General  
TRF
Quarterly Results    
UNTTEMI
General      
ZPPOLYSA
Increase in Authorised Capital;Preferential Issue of shares





*Stock under F&O ban on NSE*
*19-Jul-23*




1 DELTACORP
2 IBULHSGFIN
3 MANAPPURAM
4 RBLBANK

*News Headlines from Business News Agencies:*

*Business Standard*
• IndusInd Bank Q1FY24 results: Net profit up 30%, gross bad loans at 1.94%
• ICICI Prudential Q1 profit jumps 33% to Rs 207 crore on investment gains
• L&T Technology Services reports 13% rise in net profit in Apr-June quarter
• Bank of America profit rises in second qtr on boost from interest income
• Accenture to transform beer company Bira91's technology platform
• Softbank sells another 2% stake in Paytm, total holding now below 10%
• TVS Motor partners with Indian Army to celebrate Kargil Vijay Diwas
• Demand for IT gig workers grew 157% in H12023, says job firm Awign
• Electric two-wheeler sales rebound as impact of FAME-II subsidy cut eases
• Welspun One's 2nd warehousing-centric fund raises Rs 1,000 cr in 4 months
• Indian Army places order for 1,850 Scorpio Classics to replace Gypsy
• PhonePe Insurance launches monthly subscriptions for health policies

*Economic Times*
• Institutional investment in housing jumps 5-fold to USD 433 mn in January-June: Report
• India Inc revenue growth likely slowed to 6-8 per cent in first quarter, says Crisil report
• Domestic gross box office collection dropped 15% in H1 to Rs 4,868 crore: Ormax
• Piramal Pharma's Rs 1,050-cr rights issue gets Sebi's nod
• Oyo enters premium resorts, hotels category, launches Palette brand
• Polycab India Q1 Results: Profit soars 82% YoY on strong wires and cables business
• India's gems & jewellery exports may fall 10-15% this fiscal: GJEPC
• TMH-RVNL resolve differences and sign agreement for sleeper Vande Bharat trains
• India, France agree to jointly develop new generation military equipment
• Happiest Minds Technologies raises Rs 500 cr via QIP route
• Sony Pictures India's FY23 net profit jumps 11% to Rs 1,042 crore

*Mint*
• India to issue framework on $730 mn quantum mission in Aug
• Russia seeks to team up with India on quantum computing
• Free replacement of parts under warranty not liable to GST: CBIC
• IndusInd Bank to consider fund raise on July 20
• Indian M&E industry to touch $73.6 billion by 2027: Report
• Tesla directors will pay $735 million to settle lawsuit filed by shareholders
• Infosys signs $2 billion AI deal with existing strategic client.
• Microsoft in talks to extend $69-billion deal with Activision
• Coal ministry assures ample coal availability
• Nokia and TSSC launch 5G skill development centre in Gujarat
• NHAI plans ₹1.5 tn award for 6,000 km
• Netweb Technologies IPO: Issue subscribed 9.14 times on day 2

*🌹India Daybook – Stocks in News*

*CIE Automatives:* Profit up 59.7% at Rs 301.7 cr vs Rs 189 cr, Revenue up 4.7% at Rs 2,320.3 cr vs Rs 2,216 cr (YoY) (Positive)

*HSCL:* Net profit at Rs 86.2 cr vs Rs 38.6 cr, Revenue down 9.1% at Rs 950.9 cr vs Rs 1,046.6 cr (YoY). (Positive)

*Indusind Bank:* Net profit at Rs 2,123.6 cr vs poll of Rs 2,127 Cr, Net Interest Margin at 4.29% vs 4.21% (YoY) & vs 4.28% (QoQ) (Positive)

*Eris Lifesciences:* HDFC Mutual Fund has bought 8.29 lakh equity shares (Positive)

*Bright Outdoor Media:* Aegis Investment Fund PCC bought 2.6 lakh shares (Positive)

*Rama Steel:* Societe Generale has bought 60 lakh equity shares (Positive)

*Godrej Agrovet:* Allotted a potential area of 47,000 acres in Sangareddy, Telangana for oil palm cultivation (Positive)

*Adani Transmission:* Cuts Q1 distribution loss to 5%; high energy demand boosts unit sales. (Positive)

*Federal Bank:* Board to consider issuance of 7.7 cr shares to IFC at ₹131.91/sh via preference issue. (Positive)

*Avanti Feeds:* Company has incorporated a new subsidiary Avanti Pet Care in Hyderabad, Telangana. (Positive)

*BL Kashyap:* Company has secured new order worth Rs 369 crore. (Positive)

*Mazagon:* Company has been given an additional charge of Chairman & MD of Company (Positive)

*Amara Raja Batteries:* Tata AIA, BNP Paribas, Kotak Mutual Fund, Nippon India Mutual Fund, Pinebridge, and Societe Generale bought 1.2 crore equity shares. (Positive)

*Tata Motors:* JLR expected to unveil plans for electric car battery plant in UK (Positive)

*Lemon Tree:* Company said it has signed a license agreement for a 72-room property in Gomti Nagar, Lucknow (Positive)

*Ramkrishna Forgings:* Company has started commercial production of 13,700 TPA of R A Shaft-Press Line (Positive)

*DB Realty:* Company’s subsidiaries have inked share purchase agreements to acquire stake in Siddhivinayak Realties. (Positive)

*Network 18:* Revenue jumped to Rs 3238.94 crore vs Rs 1339.89 crore, Net Profit declined 26% to Rs 29.17 crore vs Rs 39.46 crore. (Neutral)

*TV 18 Broadcast:* Profit up 31.5% at Rs 44.3 cr vs Rs 34 cr, Revenue at Rs 3,176 cr vs Rs 1,265 cr (YoY) (Neutral)

*ICICI Lombard:* Net profit up 12% at ₹390.4 cr vs ₹349 cr, Underwriting loss at ₹319.5 cr vs loss of ₹193 cr (YoY) (Neutral)

*LTTS:* Net profit at Rs 311 cr vs poll of Rs 311 Cr, $ revenue at $280 m vs poll of $287 m (Neutral)

*Hero MotoCorp:* Introduces New Xtreme 200S 4 Valve at ₹1,41,250/Unit. (Neutral)

*SBI:* The bank will set up a trustee company for managing the Corporate Debt Market Development Fund (Neutral)

*Delta Corp/Nazara:* Finance Ministry unlikely to Consider a Review of GST Council’s Decision of Taxing Real Money Games At 28%

*News Headlines from Business News Agencies:*

*Business Standard*
• Bank of Maharashtra Q1FY24 result: Net profit up 95% YoY to Rs 882 cr
• Tata Group picks Britain for new EV battery plant, to invest $5.2 bn
• Tata Coffee Limited (TCL) June quarter revenue grows 6% to Rs 708 crore
• India's imports of sunflower oil to fall as Black Sea grain deal expires
• India to cut import duty on Washington apples to 50% by September end
• Bikaji Foods International acquires 49% equity stake in Bhujialalji
• TCS extends partnership, will strengthen GE Healthcare's tech operations
• Chip supply mostly sorted, only a few variants face crunch: MG Motor India
• Temasek Holdings seeks strategic partners to deploy $5 bn a year in India
• India ends Covid-19 testing requirements for international travellers
• Data protection bill: Govt mulls exempting startups from data sharing rules
• VC investment in Indian startups declines by 76.4% YoY in H1 2023: Report

*Economic Times*
• Corporate funding in global solar sector grows 54 pc to USD 18.5 bn in Jan-Jun: Mercom report
• Reliance Capital lenders approve Rs 200 crore capital infusion in Reliance General
• Indian hotel industry at a sweet spot; to witness decadal-high occupancy of 70-72% in FY2024: ICRA
• IT spending in India to hit $112 billion, CIOs to invest more in productivity: report
• Delay in India's census hurting quality of survey reports, says official
• Smartphone shipments recover in June quarter at 36.1 mn units: Canalys
• Health Ministry moots Centre or state bodies be empowered to regulate drugs, cosmetics manufacture
• Netweb Technologies IPO subscribed 23 on last day
• D2C firm Power Gummies sets up own manufacturing unit, partner Apollo for new launch
• Lexar appoints Shabu Sultan as country general manager in India
• Don't expect RBI to cut rates, status quo may be maintained: SBI Chairman
• Tata Sons announces global battery cell gigafactory in the UK

*Mint*
• Polycab India's Q1 profit soars 82% on strong wires and cables business
• Mumbai airport June air traffic at 107% of pre-covid level
• Reliance to consider paying dividend at July 21 board meeting
• Hindustan Zinc stake sale likely to be delayed by government: Report
• Newgen Q1 Results: PAT rises by 57% to ₹30.2 crore; revenue jumps by 34%
• Jubilant Pharmova posts Q1 net profit at ₹6.4 crore; revenue rises 9% YoY
• UK Inflation dips below expectations, reaches 15-month low of 7.9%
• Retail sales up 7% in June, says industry body
• Nissan, Renault may announce new alliance deal in the upcoming days
• Federal Bank board to consider fundraising on July 21
• Johnson & Johnson ordered to pay $18.8 million in California Talc-Cancer trial
• SBI Capital Markets has appointed Shri Rajay Kumar Sinha as new MD & CEO
• SJVN’s hydro power stations generate record 50.498 MU in single day

RIL

RIL goes ex-financial today

Special pre-open session from 9-10 am

Pre-open session to discover price of RIL ex-financial

Pre-open to settle around 9.45 am

Trading of RIL starts at 10 am

Analysts value Jio Financial at Rs 160 to Rs 190

RELIANCE YESTERDAY 2841.85 CLOSE ...todays PREOPEN SETTLED PRICE 2580..... JFSL PRICE SETTLED @261.85

If you hold 1 share of Reliance as on the 19th of July, you will receive 1 share of Jio Financial Services Ltd. Demerger explained

Reliance Industries (RIL) is undergoing a demerger. Reliance runs multiple businesses including Reliance Strategic Investments Ltd., which is getting demerged from RIL & is going to be named as Jio Financial Services Ltd (JFS)

2841.85 which is the closing price of Reliance yesterday reflects the value of all the business within Reliance. But if one of the businesses has to be hived off (demerged) how is the value for the demerged entity or for that matter the remaining part of the Reliance business determined?

Today between 9 am & 10 am there is going to be a separate pre open session for RIL price discovery. The reference rate will be yesterdays closing. If JFS is getting demerged from Reliance, the price of Reliance shares should fall because currently the share price includes the value of JFS as a business which is not going to be a part of Reliance going forward. Hence assume if in the pre open, RIL stock falls to 2641.85, the JFS share will be valued at 200 (2841.85 - 2641.85)

So will the Nifty index fall because Reliance will fall from 2841.85 to 2641.85 and that Reliance is such a big weight in the index?

- Theoretically No. To avoid any impact on the index, JFS will be listed as the 51st share on Nifty & be given weight accordingly that Reliance + JFS will still be the same weight & same price that Reliance was as of yesterdays closing.
- Till 10 am Nifty’s actually price quoted will consider Reliance at yesterdays closing price & the remaining 49 stocks & live prices.
- Post 10 am when the pre open will end, only the Reliance industry stock will trade & JFS will stay constant. The movement in RIL post 10 am will only impact the NIFTY like normal days as JFS will be constant.
- JFS will be removed from the index after 3 days & Reliance’s weight will be adjusted back. This will be done in all the indices that Reliance is a part off.

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 20-07-2023 :*

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

*TOTAL NET BUY : +44275* 😄😄😄

*INDEX FUT. : +996*

*INDEX OPT. : +40977*

*STOCK FUT. : +1981*

*STOCK OPT. : +319*

*SEC. IN F&O BAN FOR, 20 JULY, 2023 :*

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

*ADDITION : PNB, BALRAMCHIN*
*DELETION : POLYCAB*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 20-JULY-2023 :*

*FIIS : BUY +3,371 (11,423-8,052)* 😄

*DIIS : SELL -193 (8,102-8,295)* 😔

*BSE SENSEX : +476 (67,572)🔼*

*NSE NIFTY : +146 (19,979)*🔼

*BSE MIDCAP. : +16 (29,624)*🔼

*BSE SMLCAP. : +65 (34,101)*🔼

*B. CRUDE : $ 78.98* 🔽 😊

*GOLD: $1968=INR 58,930(10gr)* 🔽 😩

*SILVER : RS. 78,700 (kg) (5pm)* ↔️ 😳

*FOREX : RS. $ 81.99* 🔼 🙂

*7.26% GOI '33: 7.0827%(101.21)*🔼😔

*7.41% GOI '36 : 7.1705% (102.0325)*🔼😔

40k crores options buying 😳😅

*Mkt. Updates :*

*GIFT Nifty -100 pts (19867) from last trade 19967 ,*

Nikkei -180 pts ,
Hangseng -9 pts ,
Around @ 6.52am .

Dow +165.97 pts ,Nsdq -294.71 pts, S&P -30.85 pts , Bovespa +530 pts , Ftse +57 pts , Dax +95 pts , Cac +57 pts , Crude @ $75.67 brl (-0.00), Brent @ $79.71 brl (+0.07) , Gold @ 1974.70 (+3.80), Silver @ $25.025 (+0.06), Euro @ $1.1135, JPY @ $139.96, INR @ 82.075


*US GOVT. 10-YR YIELD : 3.84%*


*Today's Corporate Action, 21 July Ex Date :*

ABBOTINDIA
Final Dividend - Rs. - 180.0000
ABBOTINDIA
Special Dividend - Rs. - 145.0000
ACI
Final Dividend - Rs. - 2.5000
ANGELONE
Interim Dividend - Rs. - 9.2500
ANUP
Final Dividend - Rs. - 15.0000
ARVIND
Special Dividend - Rs. - 2.0000
ARVIND
Final Dividend - Rs. - 3.7500
ARVSMART
Final Dividend - Rs. - 1.6500
ARVSMART
Special Dividend - Rs. - 1.6500
ASTEC
Final Dividend - Rs. - 1.5000
BASF
Final Dividend - Rs. - 8.0000
BLUESTARCO
Final Dividend - Rs. - 12.0000
BOMBCYC
Final Dividend - Rs. - 5.0000
CIPLA
Final Dividend - Rs. - 8.5000
DABUR
Final Dividend - Rs. - 2.7000
DHANUKA
Final Dividend - Rs. - 2.0000
FIEMIND
Final Dividend - Rs. - 30.0000
GCSL
Final Dividend - Rs. - 0.5000
GOLDIAM
Buy Back of Shares   
HIL
Final Dividend - Rs. - 25.0000
IMFA
Final Dividend - Rs. - 5.0000
IMPAL
Dividend - Rs. - 15.0000
INDIANHUME
Final Dividend - Rs. - 1.0000
INFOBEAN
Final Dividend - Rs. - 1.0000
INTELLECT
Final Dividend - Rs. - 2.5000
JAMNAAUTO
Final Dividend - Rs. - 1.1000
KHAICHEM
Final Dividend - Rs. - 0.3000
KOKUYOCMLN
Dividend - Rs. - 0.5000
KPRMILL
Final Dividend - Rs. - 2.0000
L&TFH
Final Dividend - Rs. - 2.0000
LICI
Final Dividend - Rs. - 3.0000
LXCHEM
Final Dividend - Rs. - 0.5000
M&MFIN
Dividend - Rs. - 6.0000
MINDACORP
Final Dividend - Rs. - 0.8000
MPSLTD
Final Dividend - Rs. - 20.0000
RPGLIFE
Final Dividend - Rs. - 12.0000
SAINTGOBAIN
Final Dividend - Rs. - 1.5000
SASKEN
Final Dividend - Rs. - 13.0000
SONATSOFTW
Final Dividend - Rs. - 8.7500
SUMICHEM
Final Dividend - Rs. - 1.2000
SUPER
Final Dividend - Rs. - 7.0000
SYMPHONY
Final Dividend - Rs. - 1.0000
TECHM
Final Dividend - Rs. - 32.0000
THERMAX
Dividend - Rs. - 10.0000
TTKPRESTIG
Dividend - Rs. - 6.0000
ZENSARTECH
Final Dividend - Rs. - 3.5000
ZYDUSWELL
Final Dividend - Rs. - 5.0000


*Today's Board Meetings, 21-Jul-23 :*

20MICRONS
Quarterly Results    
AARTIDRUGS
Audited Results;Buy Back of Shares;Quarterly Results
ACML
A.G.M.;General    
ALEXANDER
A.G.M.      
ASHOKLEY
General;Quarterly Results  
ATUL
Quarterly Results    
AVL
A.G.M.;General;Quarterly Results
BENARAS
General;Quarterly Results  
CMSINFO
A.G.M.;Quarterly Results  
CREDITACC
General;Quarterly Results  
CYIENTDLM
Quarterly Results    
DCMNVL
Quarterly Results    
DLF
Quarterly Results    
DODLA
Quarterly Results    
EARUM
A.G.M.;Buy Back of Shares;Bonus issue;Final Dividend;Stock  Split
GGAUTO
Quarterly Results    
GLS
Quarterly Results    
GNA
Bonus issue;Quarterly Results  
GSBFIN
General      
HDFCLIFE
Quarterly Results    
HINDZINC
Quarterly Results    
IMPEXFERRO
General      
JSWSTEEL
Quarterly Results    
KABRAEXTRU
Quarterly Results    
KHAITANLTD
General      
LKPFIN
Quarterly Results    
LLFICL
General      
MNIL
Quarterly Results    
NOL
A.G.M.;General    
PEOPLIN
Quarterly Results    
PNBGILTS
Quarterly Results    
PONNIERODE
Quarterly Results    
RAJATH
Quarterly Results    
RAJGLOWIR
General;Quarterly Results  
RELIANCE
Quarterly Results    
RFSL
A.G.M.      
RKFORGE
General;Quarterly Results  
SOUTLAT
Quarterly Results    
SUDARSHAN
Employees Stock Option Plan;Final Dividend;Increase in Authorised Capital;General
SURAJLTD
Quarterly Results    
TEJASNET
Quarterly Results    
ULTRACEMCO
Quarterly Results    
WENDT
Quarterly Results    
WHITHAL
Quarterly Results


*SEC. IN F&O BAN FOR, 21 JULY, 2023 :*

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

*ADDITION : PNB, BALRAMCHIN*
*DELETION : POLYCAB*


*Today's Alert :*

*RBI to Conduct Auction of GOI BONDS for INR 310 Billion*

*India Daybook – Stocks in News*

*Union Bank:* Net profit at Rs 3,236.4 cr vs Rs 1,558.5 cr, NII up 16.6% at Rs 8,839.7 cr vs Rs 7,581.7 cr (YoY) (Positive)

*South Indian Bank:* Net profit up 75.5% at Rs 202.3 cr vs Rs 115 cr, NII up 33.9% at Rs 807.7 cr vs Rs 603.4 cr (YoY) (Positive)

*Tanla:* Net profit up 34.5% at Rs 135 cr vs Rs 100.4 cr, Revenue up 13.9% at Rs 911 cr vs Rs 800 cr (YoY) (Positive)

*United Spirits:* EBITDA at Rs 385.0 cr vs poll of Rs 293.0 cr, Revenue at Rs 2,171.9 cr vs poll of Rs 2,119 cr (Positive)

*M&M:* Michigan Federal District Court in its order on Fiat motion said the company’s arm Mahindra Automotive North America can continue to produce/sell post-2020 ROXOR in the US (Positive)

*IOC:* UAE's state-backed oil giant agrees 14-year LNG agreement with Indian Oil Corp valued at $7-9 billion (Positive)

*Federal Bank:* QIP got a strong response; the issue got nearly 7x subscription, media sources (Positive)

*PVR Inox:* Company opens 12 screen multiplex at Forum Mall, Bengaluru (Positive)

*Larsen & Toubro:* Proposal for buyback of equity shares of the Company and payment of Special dividend on 25th July. (Positive)

*LTI Mindtree:* Company has announced strategic partnership with CYFIRMA. (Positive)

*HAL:* Company and Argentina have signed a Letter of Intent on productive cooperation and acquisition of light and medium utility helicopters for the armed forces of the Argentine Republic (Positive)

*TCS:* Company has bagged a deal from British Broadcasting Cooperation (BBC) to change its finance, procurement, and HR applications management

*Tata Motors:* JLR appoints Adrian Mardell as CEO & Richard Molyneux as CFO (Neutral)

*Jindal Stainless:* Company has completed the acquisition of Jindal United Steel (Neutral)

*India Mart:* Revenues up 25.65% at Rs 282.1 crore vs. Rs 224.5 crore. Net profit up 77.9% at Rs 83.1 crore vs. Rs 46.69 crore. (Neutral)

*Indusind Bank:* Board has approved raising of funds through debt securities on a private placement basis for an aggregate amount of Rs 20,000 crore. (Neutral)

*HUL:* Net profit at Rs 2,472 cr vs poll of Rs 2,620 cr, Revenue at Rs 15,148 cr vs poll of Rs 15,450 cr. (Neutral)

*Amara Raja Batteries:* BNP Paribas Arbitrage sold 10.3 lakh shares at Rs 623.53 apiece. (Neutral)

*Infosys:* Net profit reported at Rs. 5950 crore versus poll Rs. 6194 crore, Rupee revenue reported at Rs. 37,933 crore versus poll Rs. 37,716 crore. (Neutral)

*Infosys:* FY24 CC Revenue Guidance Revised To 1-3.5% from 4-7% Earlier.

*Hindustan Unilever:* Q1 domestic volume growth at 3% vs poll pf 5-6%

*Dalmia Bharat:* Net Profit down 29.8% at Rs 144 cr vs Rs 205 cr, Revenues at Rs 3624 cr vs estimates of Rs 3624 cr

*KRBL/ LT Foods:* Government bans export of non-Basmati rice with immediate effect

*Persistent:* Revenue at Rs 2,321.2 cr vs poll of Rs 2,325 cr, Net Profit reported at Rs. 228.0 crore versus poll Rs. 278.0 crore

*Coforge:* CC revenue growth at 2.7% vs poll of 2.8-2.9% rise, $ revenue at $271.8 m Vs Poll Of $274 m

*Quick Heal:* Net loss of Rs 13 crore vs Profit of 0.1 crore QoQ, revenue slipped 16 percent to Rs 51.4 crore

*Responsive Industries:* Brenzett sold 26.5 lakh shares (1%) at Rs 182.02 apiece.

*🗓TODAY'S RESULT CALENDAR🗓*

*📊 20 Microns*
Expected Time: -
*📊 Aarti Drugs*
Expected Time: 17:00 - 18:00
*📊 Aditya Vision*
Expected Time: 17:00 - 18:00
*📊 Ashok Leyland*
Expected Time: 17:00 - 18:00
*📊 Atul*
Expected Time: 17:00 - 18:00
*📊 Benares Hotels*
Expected Time: 17:00 - 18:00
*📊 CMS Info System*
Expected Time: 17:00 - 18:00
*📊 CreditAccess Gr*
Expected Time: 17:00 - 18:00
*📊 Cyient DLM*
Expected Time: 17:00 - 18:00
*📊 DLF*
Expected Time: 17:00 - 18:00
*📊 DNL*
Expected Time: 17:00 - 18:00
*📊 Dodla Dairy*
Expected Time: 14:30 - 15:30
*📊 Federal Bank*
Expected Time: 14:30 - 15:30
*📊 GG Auto Gears*
Expected Time: 14:30 - 15:30
*📊 Glenmark Life*
Expected Time: 14:30 - 15:30
*📊 GNA Axles*
Expected Time: 13:45 - 14:45
*📊 HDFC Life*
Expected Time: 15:15 - 16:15
*📊 Hind Zinc*
Expected Time: 14:45 - 15:45
*📊 JSW Steel*
Expected Time: 14:45 - 15:45
*📊 Kabra Extrusion*
Expected Time: 14:45 - 15:45
*📊 LKP Finance*
Expected Time: 14:45 - 15:45
*📊 Mega Nirman*
Expected Time: 14:45 - 15:45
*📊 One 97 Paytm*
Expected Time: 14:45 - 15:45
*📊 Peoples Investm*
Expected Time: 14:45 - 15:45
*📊 PNB Gilts*
Expected Time: 13:15 - 14:15
*📊 Ponni Sugars(E)*
Expected Time: 13:00 - 14:00
*📊 Rajath Finance*
Expected Time: 13:00 - 14:00
*📊 Rajratan Global*
Expected Time: 13:00 - 14:00
*📊 RamkrishnaForge*
Expected Time: 13:00 - 14:00
*📊 Reliance*
Expected Time: 13:00 - 14:00
*📊 South Latex*
Expected Time: 13:00 - 14:00
*📊 Suraj*
Expected Time: 13:00 - 14:00
*📊 Tejas Networks*
Expected Time: 13:00 - 14:00
*📊 UltraTechCement*
Expected Time: 13:00 - 14:00
*📊 Vedanta*
Expected Time: 13:00 - 14:00
*📊 Wendt*
Expected Time: 14:30 - 15:30
*📊 White Hall Comm*
Expected Time: 14:30 - 15:30