BIG BREAKING NEWS - Crude Oil discovered in India, Union Minister Hardeep Puri said that first oil is also extracted ๐ฅ๐ฅ
ONGC announces Crude Oil discovery in Krishna Godavari Basin. 26 wells found โก
Production is expected to touch 45,000 barrels per day by May or June. The productive site emerges about 30 kilometers from Kakinada's coast, nestled within the Krishna Godavari basin.
T.me/AlliesFin
ONGC announces Crude Oil discovery in Krishna Godavari Basin. 26 wells found โก
Production is expected to touch 45,000 barrels per day by May or June. The productive site emerges about 30 kilometers from Kakinada's coast, nestled within the Krishna Godavari basin.
T.me/AlliesFin
๐2
*Stocks to Watch*
*Tata Motors* : Subsidiary Jaguar Land Rover (JLR) announced 27 percent YoY growth in Q3 sales to 101,043 units. YTD wholesales for FY24 were 291,113 units, up 28 percent year-on-year. Retail sales went up 29 percent to 109,140.
*Bajaj* *Auto* : The board of directors approved the proposal to buy back shares worth Rs 4000 crore. The company will buy back 40 lakh equity shares at an average price of Rs 10,000 per share.
*Cipla* : The company has announced a JV in the US with Kemwell Biopharma and Manipal Education & Medical Group to develop and commercialise novel cell therapy products for unmet medical needs in the US, Japan and the EU.
*Eicher* *Motors* : Has signed a non-binding MoU with the Tamil Nadu government to invest Rs 3000 crore over 8 years to build greenfield and brownfield projects in the state as part of the Tamil Nadu Global Investors Meet 2024, Chennai.
*BEML* : The company has bagged a Rs 329.87 crore worth order from the Ministry of Defence to supply a Mechanical Minefield Marking Equipment Mark-II.
*Brigade Enterprises* : Has signed MoUs worth Rs 3,400 crore with the Tamil Nadu government to develop projects in the next 3-4 years as part of the Tamil Nadu Global Investors Meet 2024, Chennai.
*Oil* *India* : It has signed a Joint Venture Agreement (JVA) with Assam Power Generation Corporation to work together in renewable/green energy business.
*Lemon* *Tree* *Hotels* : The hotel chain signed a new hotel in Meerut, Uttar Pradesh. The hotel will be open from FY25 and will be franchised by the company. The hotel will have 75 rooms.
*Aurobindo* *Pharma* : The company announced it received the establishment inspection report from the US FDA for its Telangana unit. The report classified the facility as โVoluntary Action Indicated.โ.
*IRM* *Energy* : The company signed a MoU with the Tamil Nadu government to invest Rs 858 crore in a project in the state over the next 5 years as part of the Tamil Nadu Global Investors Meet 2024 in Chennai. The projects will provide employment to 2200 people in the state.
*Tata Motors* : Subsidiary Jaguar Land Rover (JLR) announced 27 percent YoY growth in Q3 sales to 101,043 units. YTD wholesales for FY24 were 291,113 units, up 28 percent year-on-year. Retail sales went up 29 percent to 109,140.
*Bajaj* *Auto* : The board of directors approved the proposal to buy back shares worth Rs 4000 crore. The company will buy back 40 lakh equity shares at an average price of Rs 10,000 per share.
*Cipla* : The company has announced a JV in the US with Kemwell Biopharma and Manipal Education & Medical Group to develop and commercialise novel cell therapy products for unmet medical needs in the US, Japan and the EU.
*Eicher* *Motors* : Has signed a non-binding MoU with the Tamil Nadu government to invest Rs 3000 crore over 8 years to build greenfield and brownfield projects in the state as part of the Tamil Nadu Global Investors Meet 2024, Chennai.
*BEML* : The company has bagged a Rs 329.87 crore worth order from the Ministry of Defence to supply a Mechanical Minefield Marking Equipment Mark-II.
*Brigade Enterprises* : Has signed MoUs worth Rs 3,400 crore with the Tamil Nadu government to develop projects in the next 3-4 years as part of the Tamil Nadu Global Investors Meet 2024, Chennai.
*Oil* *India* : It has signed a Joint Venture Agreement (JVA) with Assam Power Generation Corporation to work together in renewable/green energy business.
*Lemon* *Tree* *Hotels* : The hotel chain signed a new hotel in Meerut, Uttar Pradesh. The hotel will be open from FY25 and will be franchised by the company. The hotel will have 75 rooms.
*Aurobindo* *Pharma* : The company announced it received the establishment inspection report from the US FDA for its Telangana unit. The report classified the facility as โVoluntary Action Indicated.โ.
*IRM* *Energy* : The company signed a MoU with the Tamil Nadu government to invest Rs 858 crore in a project in the state over the next 5 years as part of the Tamil Nadu Global Investors Meet 2024 in Chennai. The projects will provide employment to 2200 people in the state.
๐ฎ๐ณIndia Daybook Stocks in News
T.me/AlliesFin
*BEML:* Company bagged orders from Ministry of Defence for supply of Mechanical Minefield Marking Equipment Mark-II valued at Rs. 329.87 crores. (Positive)
*GMDC:* Company's Surkha mine gets Environmental Clearance for capacity expansion. (Positive)
*Bajaj Auto:* Company announced Buyback upto 40 lakh equity shares (1.41% of Capital) at Rs 10000/Sh through tender offer (Positive)
*Bajaj Finserve:* Bajaj Allianz General insurance gross direct premium underwritten at Rs 1,425.10 crore in December (Positive)
*IRB Infra:* Trust Dec toll collection at โน488 cr vs โน388 cr YoY: Agencies (Positive)
*Brigade:* Company signs MoUs worth over Rs 3,400 crore with TamilNadu Government for multiple construction projects: (Positive)
*Caplin Point:* Company signs accord with Tamil Nadu govt to invest โน700 cr: Agencies (Positive)
*Cipla:* Company to from JV in US with Kemwell Biopharma, Manipal Education for cell therapy products: Agencies (Positive)
*Bharat Forge:* Baba Kalyani says company revenue will hit โน20,000 Cr in 2 yrs: CNBC. (Positive)
*Auro Pharma:* Unit has received Establishment Inspection Report classifying the facility as "Voluntary Action Indicated" (Positive)
*IRM Energy:* Company signs MoU with TamilNadu Govt to invest Rs 858 cr in the state in next 5 years. (Positive)
*Metropolis Healthcare:* Core business revenue grew by ~12% YoY. (Positive)
*Oil India:* Signs JV agreement with APGCL to Work Together in Renewable / Green Energy Business (Positive)
*SPIC:* Company Signs MoU with Tamil Nadu Govt. Under Agreement TN Govt Will Provide Infra Support & Regulatory Facilitation To SPIC Group Of Companies. (Positive)
*Thirumalai Chem:* Phthalic Anhydride plant situated at GIDC Estate, Dahej has resumed operations/production (Positive)
*Lemon Tree:* The hotel chain signed a new hotel in Meerut, Uttar Pradesh (Positive)
*Inox Wind:* Receives LoI For 50 MW Wind Project From NLC India. (Positive)
*Bandhan Bank:* Media sources on Bandhan Bank: Thereโs no forensic audit by regulator, RBI. (Positive)
*Tata Motors:* Jaguar Land Rover Q3 wholesales at 1.01 lakh units, up 27% year-on-year. (Positive)
*Skipper:* Company gets board approval to raise Rs 199 crore via rights issue. (Neutral)
*Tata Steel:* Company fixes January 19 as record date to allot shares to TCIL shareholders. (Neutral)
*Adani Enterprises:* Companyโs unit MIAL gets award in arbitration against AAI. (Neutral)
*Eicher Motors:* Royal Enfield signs MoU with Tamil Nadu Government for proposed investment of up to Rs 3,000 crore in multiple projects. (Neutral)
*Fino Payments Bank:* Company applies for small finance bank license under RBIโs 'on tap' licensing norms: RBI (Neutral)
*Sanghi Ind:* Ambuja Cements' open offer for acquiring 26% stake in company to open on January 15, close on January 29 (Neutral)
*Capacite Infra:* Launches QIP, Floor Price At Rs 264.89/Share (Neutral)
T.me/AlliesFin
*BEML:* Company bagged orders from Ministry of Defence for supply of Mechanical Minefield Marking Equipment Mark-II valued at Rs. 329.87 crores. (Positive)
*GMDC:* Company's Surkha mine gets Environmental Clearance for capacity expansion. (Positive)
*Bajaj Auto:* Company announced Buyback upto 40 lakh equity shares (1.41% of Capital) at Rs 10000/Sh through tender offer (Positive)
*Bajaj Finserve:* Bajaj Allianz General insurance gross direct premium underwritten at Rs 1,425.10 crore in December (Positive)
*IRB Infra:* Trust Dec toll collection at โน488 cr vs โน388 cr YoY: Agencies (Positive)
*Brigade:* Company signs MoUs worth over Rs 3,400 crore with TamilNadu Government for multiple construction projects: (Positive)
*Caplin Point:* Company signs accord with Tamil Nadu govt to invest โน700 cr: Agencies (Positive)
*Cipla:* Company to from JV in US with Kemwell Biopharma, Manipal Education for cell therapy products: Agencies (Positive)
*Bharat Forge:* Baba Kalyani says company revenue will hit โน20,000 Cr in 2 yrs: CNBC. (Positive)
*Auro Pharma:* Unit has received Establishment Inspection Report classifying the facility as "Voluntary Action Indicated" (Positive)
*IRM Energy:* Company signs MoU with TamilNadu Govt to invest Rs 858 cr in the state in next 5 years. (Positive)
*Metropolis Healthcare:* Core business revenue grew by ~12% YoY. (Positive)
*Oil India:* Signs JV agreement with APGCL to Work Together in Renewable / Green Energy Business (Positive)
*SPIC:* Company Signs MoU with Tamil Nadu Govt. Under Agreement TN Govt Will Provide Infra Support & Regulatory Facilitation To SPIC Group Of Companies. (Positive)
*Thirumalai Chem:* Phthalic Anhydride plant situated at GIDC Estate, Dahej has resumed operations/production (Positive)
*Lemon Tree:* The hotel chain signed a new hotel in Meerut, Uttar Pradesh (Positive)
*Inox Wind:* Receives LoI For 50 MW Wind Project From NLC India. (Positive)
*Bandhan Bank:* Media sources on Bandhan Bank: Thereโs no forensic audit by regulator, RBI. (Positive)
*Tata Motors:* Jaguar Land Rover Q3 wholesales at 1.01 lakh units, up 27% year-on-year. (Positive)
*Skipper:* Company gets board approval to raise Rs 199 crore via rights issue. (Neutral)
*Tata Steel:* Company fixes January 19 as record date to allot shares to TCIL shareholders. (Neutral)
*Adani Enterprises:* Companyโs unit MIAL gets award in arbitration against AAI. (Neutral)
*Eicher Motors:* Royal Enfield signs MoU with Tamil Nadu Government for proposed investment of up to Rs 3,000 crore in multiple projects. (Neutral)
*Fino Payments Bank:* Company applies for small finance bank license under RBIโs 'on tap' licensing norms: RBI (Neutral)
*Sanghi Ind:* Ambuja Cements' open offer for acquiring 26% stake in company to open on January 15, close on January 29 (Neutral)
*Capacite Infra:* Launches QIP, Floor Price At Rs 264.89/Share (Neutral)
Instl. Investors EQUITY Cash Trades PROV. - 09/01/2024 : Rs. CRS. :
FIIS : SELL -1,000 (10,035-11,026)
DIIS : BUY +104 (10,472-10,368)
FIIS : SELL -1,000 (10,035-11,026)
DIIS : BUY +104 (10,472-10,368)
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 09-01-2024 :
T.me/AlliesFin
FIIS F & O : RS. CRS. :
*TOTAL NET BUY : +3727* ๐
*INDEX FUT. : +1435*
*INDEX OPT. : +1901*
*STOCK FUT. : +1011*
*STOCK OPT. : -621*
SEC. IN F&O BAN FOR, 10-JAN-24 :
*1. BALRAMCHIN 2. BANDHANBNK 3. CHAMBLFERT 4. DELTACORP 5. ESCORTS 6. GNFC 7. HINDCOPPER 8. IEX 9. INDIACEM 10. NATIONALUM 11. PEL 12. SAIL*
*ADDITION : NIL*
*DELETION : ZEEL*
*FIIS : SELL -1,000 (10,035-11,026)* ๐ฉ
*DIIS : BUY +104 (10,472-10,368)* ๐
*BSE SENSEX : +31 (71,386)๐ผ*
*NSE NIFTY : +32 (21,545)๐ผ*
*BSE MIDCAP. : +26 (37,404)*๐ผ
*BSE SMLCAP. : +161 (43,821)*๐ผ
*B. CRUDE : $ 77.34* ๐ผ ๐ฅ
*GOLD: $ 2,035=INR 63,300(10gr)*๐ผ๐
*SILVER : RS. 76,900 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.11 ๐ผ ๐*
*7.18%NEW '33: 7.1884%(99.9325)๐ฝ๐*
*7.18%GOI '37: 7.3020% (98.9575)๐ฝ๐*
T.me/AlliesFin
FIIS F & O : RS. CRS. :
*TOTAL NET BUY : +3727* ๐
*INDEX FUT. : +1435*
*INDEX OPT. : +1901*
*STOCK FUT. : +1011*
*STOCK OPT. : -621*
SEC. IN F&O BAN FOR, 10-JAN-24 :
*1. BALRAMCHIN 2. BANDHANBNK 3. CHAMBLFERT 4. DELTACORP 5. ESCORTS 6. GNFC 7. HINDCOPPER 8. IEX 9. INDIACEM 10. NATIONALUM 11. PEL 12. SAIL*
*ADDITION : NIL*
*DELETION : ZEEL*
*FIIS : SELL -1,000 (10,035-11,026)* ๐ฉ
*DIIS : BUY +104 (10,472-10,368)* ๐
*BSE SENSEX : +31 (71,386)๐ผ*
*NSE NIFTY : +32 (21,545)๐ผ*
*BSE MIDCAP. : +26 (37,404)*๐ผ
*BSE SMLCAP. : +161 (43,821)*๐ผ
*B. CRUDE : $ 77.34* ๐ผ ๐ฅ
*GOLD: $ 2,035=INR 63,300(10gr)*๐ผ๐
*SILVER : RS. 76,900 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.11 ๐ผ ๐*
*7.18%NEW '33: 7.1884%(99.9325)๐ฝ๐*
*7.18%GOI '37: 7.3020% (98.9575)๐ฝ๐*
Pre Mkt. Updates : @AlliesFin
GIFT Nifty -52 pts (21577) from last trade 21629 ,
Nikkei +515 pts ,
Hangseng -46 pts ,
Dow -157.85 pts ,Nsdq +13.94 pts, S&P
-7.04 pts , Bovespa -979 pts , Ftse -10 pts , Dax -28 pts , Cac -23 pts , Crude @ $72.16 brl (-0.08), Brent @ $77.49 brl (+1.37) , Gold @ 2036.60 (+3.60), Silver $23.16 (+0.06), Euro @ $1.093, JPY @ $144.37, INR @ 83.125
US GOVT. 10-YR YIELD : 4.01%
Today's Corporate Action, 10 Jan Ex Date :
COCHINSHIP
Stock Split From Rs.10/- to Rs.5/-
Today's Key Results/Board Meetings, 10-Jan-24 :
GARMNTMNTR
General;Right Issue of Equity Shares;Increase in Authorised Capital;Issue Of Warrants;Preferential Issue of shares
MARBU
Quarterly Results
OROSMITHS
Quarterly Results
TINEAGRO
General;Quarterly Results
SEC. IN F&O BAN FOR, 10-JAN-24 :
1. BALRAMCHIN 2. BANDHANBNK 3. CHAMBLFERT 4. DELTACORP 5. ESCORTS 6. GNFC 7. HINDCOPPER 8. IEX 9. INDIACEM 10. NATIONALUM 11. PEL 12. SAIL
ADDITION : NIL
DELETION : ZEEL
GIFT Nifty -52 pts (21577) from last trade 21629 ,
Nikkei +515 pts ,
Hangseng -46 pts ,
Dow -157.85 pts ,Nsdq +13.94 pts, S&P
-7.04 pts , Bovespa -979 pts , Ftse -10 pts , Dax -28 pts , Cac -23 pts , Crude @ $72.16 brl (-0.08), Brent @ $77.49 brl (+1.37) , Gold @ 2036.60 (+3.60), Silver $23.16 (+0.06), Euro @ $1.093, JPY @ $144.37, INR @ 83.125
US GOVT. 10-YR YIELD : 4.01%
Today's Corporate Action, 10 Jan Ex Date :
COCHINSHIP
Stock Split From Rs.10/- to Rs.5/-
Today's Key Results/Board Meetings, 10-Jan-24 :
GARMNTMNTR
General;Right Issue of Equity Shares;Increase in Authorised Capital;Issue Of Warrants;Preferential Issue of shares
MARBU
Quarterly Results
OROSMITHS
Quarterly Results
TINEAGRO
General;Quarterly Results
SEC. IN F&O BAN FOR, 10-JAN-24 :
1. BALRAMCHIN 2. BANDHANBNK 3. CHAMBLFERT 4. DELTACORP 5. ESCORTS 6. GNFC 7. HINDCOPPER 8. IEX 9. INDIACEM 10. NATIONALUM 11. PEL 12. SAIL
ADDITION : NIL
DELETION : ZEEL
Today's Headlines :
Economic Times :
๐ Indian economy likely to grow at 6.2% next fiscal: Report
๐ Indian pharma market grows over 9 per cent in December
๐ Delta Corp Q3 Results: Net profit plunges 59% YoY to Rs 34 crore; revenue drops 15%
๐ Marketing services provider RK Swamy gets Sebi nod for IPO
๐ States continue to pay high coupon on debt at 7.72 pc
๐ Bharat Forge to invest Rs 1,000 cr in Tamil Nadu to enhance production activities
๐ Varthana Finance to raise Rs 116 crore from Swiss investor Blue Earth Capital
๐ PFC gets Reserve Bank nod to set up finance company in GIFT City
๐ EV sales jumps 49 pc to 15.29 lakh units in 2023: FADA
๐ JSW Steel's crude steel output grows 12 pc to 6.87 MT in October-December
๐ Interviewing startup InCruiter raises Rs 1 crore in revenue-based financing
๐ Grip Invest raises $10 million in equity and debt, led by Stride Ventures
๐ Retail SaaS firm Impact Analytics raises $40 million led by Sageview Capital
๐ Ocean surveillance startup PierSight raises $6 million led by Alpha Wave Global, Elevation Capital
Business Standard :
๐ States lag Centre in capex push so far in FY24: CAG-Bank of Baroda data
๐ Backed by Jio Platforms, ZestMoney founders launch new venture SwiffyLabs
๐ Microsoft's OpenAI investment risks merger probe, say EU regulators
๐ Samsung profit falls 35% on weak demand as chip weakness persists
๐ EVRE aims to capture 35% of commercial vehicle charging market by 2025
๐ Infibeam Avenues inks MoU with Gujarat govt to invest Rs 2,000 cr by FY30
๐ Starbucks plans to accelerate growth to 1,000 stores in India by 2028
๐ Public issues of corporate bond zoom to four-year high, shows data
๐ Eyeing Rs 100 trn AUM, 100 mn investors by 2030 for mutual funds: Amfi CEO
๐ Equity issuances could top $40 bn in 2024, says Kotak Investment Banking
Financial Express :
๐ PM Modi woos global corporate head honchos to invest in the India growth story
๐ Premier Energies bags Rs 1700 crore solar module supply order from NTPC
๐ Tata Power Renewable Energy plans to invest Rs 70,800 crore for renewable projects in Tamil Nadu
๐ Prestige Estates Q3FY24 sales at Rs 53,261 million, up 111% on-year, collections at Rs 31,163 million
๐ Adani Ports raises Rs 500 crore by issuing bonds
๐ Housing demand in India projected to reach 93 million by 2036, says CREDAI- Liases Foras report
Mint :
๐ China aims for a quality boost as its economy recovers
๐ BCCI announces Campa and Atomberg Technologies as official partners for India
๐ NCLT grants SBI, PC Jeweller more time to settle debt
๐ RK Swamy gets SEBI approval to raise funds through IPO
๐ Moody's downgrades Vedanta as bond restructuring gets investor nod
๐ US Labor Laws: Biden administration issues norms curbing 'gig' work, contracting
๐ Edelweiss announces public issue of redeemable NCDs worth โน250 crore
๐ Govt plans to harvest AI to stem onion rot in storage.
Economic Times :
๐ Indian economy likely to grow at 6.2% next fiscal: Report
๐ Indian pharma market grows over 9 per cent in December
๐ Delta Corp Q3 Results: Net profit plunges 59% YoY to Rs 34 crore; revenue drops 15%
๐ Marketing services provider RK Swamy gets Sebi nod for IPO
๐ States continue to pay high coupon on debt at 7.72 pc
๐ Bharat Forge to invest Rs 1,000 cr in Tamil Nadu to enhance production activities
๐ Varthana Finance to raise Rs 116 crore from Swiss investor Blue Earth Capital
๐ PFC gets Reserve Bank nod to set up finance company in GIFT City
๐ EV sales jumps 49 pc to 15.29 lakh units in 2023: FADA
๐ JSW Steel's crude steel output grows 12 pc to 6.87 MT in October-December
๐ Interviewing startup InCruiter raises Rs 1 crore in revenue-based financing
๐ Grip Invest raises $10 million in equity and debt, led by Stride Ventures
๐ Retail SaaS firm Impact Analytics raises $40 million led by Sageview Capital
๐ Ocean surveillance startup PierSight raises $6 million led by Alpha Wave Global, Elevation Capital
Business Standard :
๐ States lag Centre in capex push so far in FY24: CAG-Bank of Baroda data
๐ Backed by Jio Platforms, ZestMoney founders launch new venture SwiffyLabs
๐ Microsoft's OpenAI investment risks merger probe, say EU regulators
๐ Samsung profit falls 35% on weak demand as chip weakness persists
๐ EVRE aims to capture 35% of commercial vehicle charging market by 2025
๐ Infibeam Avenues inks MoU with Gujarat govt to invest Rs 2,000 cr by FY30
๐ Starbucks plans to accelerate growth to 1,000 stores in India by 2028
๐ Public issues of corporate bond zoom to four-year high, shows data
๐ Eyeing Rs 100 trn AUM, 100 mn investors by 2030 for mutual funds: Amfi CEO
๐ Equity issuances could top $40 bn in 2024, says Kotak Investment Banking
Financial Express :
๐ PM Modi woos global corporate head honchos to invest in the India growth story
๐ Premier Energies bags Rs 1700 crore solar module supply order from NTPC
๐ Tata Power Renewable Energy plans to invest Rs 70,800 crore for renewable projects in Tamil Nadu
๐ Prestige Estates Q3FY24 sales at Rs 53,261 million, up 111% on-year, collections at Rs 31,163 million
๐ Adani Ports raises Rs 500 crore by issuing bonds
๐ Housing demand in India projected to reach 93 million by 2036, says CREDAI- Liases Foras report
Mint :
๐ China aims for a quality boost as its economy recovers
๐ BCCI announces Campa and Atomberg Technologies as official partners for India
๐ NCLT grants SBI, PC Jeweller more time to settle debt
๐ RK Swamy gets SEBI approval to raise funds through IPO
๐ Moody's downgrades Vedanta as bond restructuring gets investor nod
๐ US Labor Laws: Biden administration issues norms curbing 'gig' work, contracting
๐ Edelweiss announces public issue of redeemable NCDs worth โน250 crore
๐ Govt plans to harvest AI to stem onion rot in storage.
๐ฎ๐ณIndia Daybook Stocks in News
T.me/AlliesFin
Lupin: Company launched Bromfenac Ophthalmic solution, 0.07% in the United States. (Positive)
GMDC: Company's Surkha mine gets Environmental Clearance for capacity expansion. (Positive)
Bajaj Auto: Company announced Buyback upto 40 lakh equity shares (1.41% of Capital) at Rs 10000/Sh through tender offer (Positive)
Suzlon: Sairam Prasad named as CEO of unit Suzlon Global Services effective January 16 (Positive)
M&M: Company is likely to list the infrastructure business trust of its renewable assets called Sustainable Energy Infra Trust early next week: Sources to CNBC (Positive)
Media Sources: Thermax, Jindal Stainless, Phoenix Mills, Suzlon, KPIT Tech, RVNL, Prestige Estate and Mazdock could enter in the FTSE All world Index in March (Positive)
Steel Strips: Company completes the process of acquisition of AMW Auto component Limited (Positive)
Polycab: Company denies media reports on tax evasion by the company. (Positive)
BajajAuto: Company launched second electric scooter as part of its EV overdrive. (Positive)
SpiceJet: Media Sources: Carlyle Aviation Partners is interested in SpiceJet airlines (Positive)
Pondy Oxides: Signs MoU with Tamil Nadu Govt for Battery Chemicals. (Positive)
M&M: Company announced the acquisition of stake of sustainable energy infra trust by the company and its arm Mahindra Susten. (Positive)
PC Jeweller: The National Company Law Tribunal has granted PC Jeweller and State Bank of India an additional 20 days to resolve the matter (Positive)
Tata Power: Signs MoU worth 70,000 Cr renewable projects with Tamil Nadu government (Neutral)
Navin Fluorine: LIC increases holding in Navin Fluorine to 5% from 4.8%. (Neutral)
Tiger Logistics: Board approves splitting of 1 share into 10 (Neutral)
Indian Bank: Gets RBI nod for exercise of call option on bonds. (Neutral)
Shyam Metalics: Company raises Rs 1,385 crore through QIP (Neutral)
IRCTC: Govt nominates Sanjay Kumar Jain for additional charge as IRCTC CMD (Neutral)
KIOCL: Mangalore pellet plant temporarily suspended due to non-availability of iron-ore fines.
Vedanta: Moody's downgrades Vedanta's ratings to Caa3/Ca on distressed exchange; outlook remains negative
Delta Corp: Net Profit at Rs 34.48 crore versus Rs 84.8 crore. Revenues at Rs 232.0 crore versus Rs 273.0 crore.
Zee Entertainment: Financial services company Societe Generale \sold shares of Zee Entertainment Enterprises Ltd for โน216 crore
T.me/AlliesFin
Lupin: Company launched Bromfenac Ophthalmic solution, 0.07% in the United States. (Positive)
GMDC: Company's Surkha mine gets Environmental Clearance for capacity expansion. (Positive)
Bajaj Auto: Company announced Buyback upto 40 lakh equity shares (1.41% of Capital) at Rs 10000/Sh through tender offer (Positive)
Suzlon: Sairam Prasad named as CEO of unit Suzlon Global Services effective January 16 (Positive)
M&M: Company is likely to list the infrastructure business trust of its renewable assets called Sustainable Energy Infra Trust early next week: Sources to CNBC (Positive)
Media Sources: Thermax, Jindal Stainless, Phoenix Mills, Suzlon, KPIT Tech, RVNL, Prestige Estate and Mazdock could enter in the FTSE All world Index in March (Positive)
Steel Strips: Company completes the process of acquisition of AMW Auto component Limited (Positive)
Polycab: Company denies media reports on tax evasion by the company. (Positive)
BajajAuto: Company launched second electric scooter as part of its EV overdrive. (Positive)
SpiceJet: Media Sources: Carlyle Aviation Partners is interested in SpiceJet airlines (Positive)
Pondy Oxides: Signs MoU with Tamil Nadu Govt for Battery Chemicals. (Positive)
M&M: Company announced the acquisition of stake of sustainable energy infra trust by the company and its arm Mahindra Susten. (Positive)
PC Jeweller: The National Company Law Tribunal has granted PC Jeweller and State Bank of India an additional 20 days to resolve the matter (Positive)
Tata Power: Signs MoU worth 70,000 Cr renewable projects with Tamil Nadu government (Neutral)
Navin Fluorine: LIC increases holding in Navin Fluorine to 5% from 4.8%. (Neutral)
Tiger Logistics: Board approves splitting of 1 share into 10 (Neutral)
Indian Bank: Gets RBI nod for exercise of call option on bonds. (Neutral)
Shyam Metalics: Company raises Rs 1,385 crore through QIP (Neutral)
IRCTC: Govt nominates Sanjay Kumar Jain for additional charge as IRCTC CMD (Neutral)
KIOCL: Mangalore pellet plant temporarily suspended due to non-availability of iron-ore fines.
Vedanta: Moody's downgrades Vedanta's ratings to Caa3/Ca on distressed exchange; outlook remains negative
Delta Corp: Net Profit at Rs 34.48 crore versus Rs 84.8 crore. Revenues at Rs 232.0 crore versus Rs 273.0 crore.
Zee Entertainment: Financial services company Societe Generale \sold shares of Zee Entertainment Enterprises Ltd for โน216 crore
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Mukesh Ambani: at Vibrant Gujarat @AlliesFin
Gujarat alone will be a USD 3 trillion economy by 2047; no power can stop India from becoming 35 trillion economy by 2047.
Gujarat alone will be a USD 3 trillion economy by 2047; no power can stop India from becoming 35 trillion economy by 2047.
10/1/2024 @AlliesFin
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T.me/AlliesFin
BSE:+271(71657)
NSE:+73(21618)
B.NIFTY:+118(47360)
MID:+86(37490)
SML:+151(43972)
FII|FPI:-1721Cr
DII:+2080Cr
B.Crude: 77
Gold$:2034=INR: 62290
Silver: 72165
$/Rs: 83.04
7.18 : 2033 G-Sec: 7.18
NSE PE: 23.05
T.me/AlliesFin
Highlights of comments by PM, industry leaders at Vibrant Gujarat 2024 by
PM MODIji @ALLiESFiN
* Seek to make India developed by 2047
* UAE sovereign wealth fund to begin operations in GIFT City
* Gujarat summit explored new ideas in last 20 years
* World looking at India as important pillar of stability
* World looking at India as economic powerhouse
* India to be among top 3 economies in world
* India's priorities are sustainable industry, infra, mfg
* India's priorities are new age skills, AI, innovation
* India focused on structural reforms in last decade
* Removed more than 40,000 compliances for ease of business
* Signed 3 free trade pacts to attract investments in India
RELIANCE INDUSTRIES CHAIRMAN MUKESH AMBANI
* To commission 5,000 acre green complex at Jamnagar H2 2024
* To set up carbon fibre facility at Hazira
TATA SONS CHAIRMAN N.CHANDRASEKARAN
* Construction of 20 GW battery plant to start in 2 mos
* Talks on Dholera semiconductor prefab unit almost over
ADANI GROUP CHAIRMAN GAUTAM ADANI
* To generate 30 GW of renewable energy at Khavda
* To invest 2 trln rupees in Gujarat over 5 years
ARCELORMITTAL CHAIRMAN LAKSHMI N.MITTAL
* Arcelor Mittal's Hazira expansion phase 1 by 2026
* Arcelor Mittal's Hazira 2nd phase expansion by 2029
* See Hazira crude steel capacity 29 mln tn eventually
SUZUKI MOTORS PRESIDENT TOSHIHORO SUZUKI
* To invest 350 bln rupees for second plant in Gujarat
* New Gujarat plant to produce 1 mln more cars annually
NVIDIA SENIOR VICE-PRESIDENT SHANKER TRIVEDI
* Partner Yotta is setting up data centre in GIFT City
* Data centre in GIFT City to go live before Mar-end
DP WORLD CHAIRMAN BIN SULAYEM
* To invest $3 bln in Kandla terminal over 3 yrs
MICRON TECHNOLOGY CEO SANJAY MEHROTRA
* To commission Sanand memory assembly by early 2025
* To commission Sanand test facility by early 2025
* Will create 5,000 direct jobs at Sanand
STAY TUNED FOR UPDATES
T.ME/ALLiESFiN
PM MODIji @ALLiESFiN
* Seek to make India developed by 2047
* UAE sovereign wealth fund to begin operations in GIFT City
* Gujarat summit explored new ideas in last 20 years
* World looking at India as important pillar of stability
* World looking at India as economic powerhouse
* India to be among top 3 economies in world
* India's priorities are sustainable industry, infra, mfg
* India's priorities are new age skills, AI, innovation
* India focused on structural reforms in last decade
* Removed more than 40,000 compliances for ease of business
* Signed 3 free trade pacts to attract investments in India
RELIANCE INDUSTRIES CHAIRMAN MUKESH AMBANI
* To commission 5,000 acre green complex at Jamnagar H2 2024
* To set up carbon fibre facility at Hazira
TATA SONS CHAIRMAN N.CHANDRASEKARAN
* Construction of 20 GW battery plant to start in 2 mos
* Talks on Dholera semiconductor prefab unit almost over
ADANI GROUP CHAIRMAN GAUTAM ADANI
* To generate 30 GW of renewable energy at Khavda
* To invest 2 trln rupees in Gujarat over 5 years
ARCELORMITTAL CHAIRMAN LAKSHMI N.MITTAL
* Arcelor Mittal's Hazira expansion phase 1 by 2026
* Arcelor Mittal's Hazira 2nd phase expansion by 2029
* See Hazira crude steel capacity 29 mln tn eventually
SUZUKI MOTORS PRESIDENT TOSHIHORO SUZUKI
* To invest 350 bln rupees for second plant in Gujarat
* New Gujarat plant to produce 1 mln more cars annually
NVIDIA SENIOR VICE-PRESIDENT SHANKER TRIVEDI
* Partner Yotta is setting up data centre in GIFT City
* Data centre in GIFT City to go live before Mar-end
DP WORLD CHAIRMAN BIN SULAYEM
* To invest $3 bln in Kandla terminal over 3 yrs
MICRON TECHNOLOGY CEO SANJAY MEHROTRA
* To commission Sanand memory assembly by early 2025
* To commission Sanand test facility by early 2025
* Will create 5,000 direct jobs at Sanand
STAY TUNED FOR UPDATES
T.ME/ALLiESFiN
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Large Deals to Support Sales Growth at Tata Consultancy: Preview
Tata Consultancy is set to report higher revenues for the three months through December from a year ago, helped by large contracts even as the information technology sector remains hurt by slower spending by clients.
- The company, along with its large-sized peers such as Infosys and Accenture, is witnessing top clients from financial and technology, media & telecommunication sectors going slow on their software-service related contracts.
- While Tata Consultancyโs earnings performance is expected to show improvement for the quarter, the pace of growth may ease, a trend witnessed by most of its peers.
- For the fiscal third quarter, the companyโs revenue is expected to rise 3.2% from a year ago to 601 billion rupees ($7.2 billion). That will be slowest pace of growth in more than three years. TCSโ profit will grow more than 6% y/y to 115 billion rupees, according to estimates compiled by Bloomberg.
- Tata Consultancy will report December quarter earnings on Thursday after close of trading hours, when its key rival Infosys is also expected to release its numbers.
*Bloomberg Intelligence*
- Expects the co.โs revenue growth in constant currency to be slightly lower than consensus, driven by ongoing pressure on discretionary IT spending
- โWe anticipate management comments to remain conservative regarding near-term demand and donโt expect a rebound through the end of 2024โ
- Operating margins at TCS may remain around 24% as easing attrition and lower marketing costs offset slowing revenue
*THIRD QUARTER*
- Net income estimate 115 billion rupees (Bloomberg Consensus)
- Revenue estimate 601.03 billion rupees
- Cost of revenue estimate 362.08 billion rupees
- Employee benefits expenses estimate 258.34 billion rupees
- SG&A expense estimate 94.65 billion rupees
- Operating income estimate 147.89 billion rupees
- Operating margin estimate 24.5%
- Dividend per share estimate 10.63 rupees
- Earnings release expected Jan. 11
Tata Consultancy is set to report higher revenues for the three months through December from a year ago, helped by large contracts even as the information technology sector remains hurt by slower spending by clients.
- The company, along with its large-sized peers such as Infosys and Accenture, is witnessing top clients from financial and technology, media & telecommunication sectors going slow on their software-service related contracts.
- While Tata Consultancyโs earnings performance is expected to show improvement for the quarter, the pace of growth may ease, a trend witnessed by most of its peers.
- For the fiscal third quarter, the companyโs revenue is expected to rise 3.2% from a year ago to 601 billion rupees ($7.2 billion). That will be slowest pace of growth in more than three years. TCSโ profit will grow more than 6% y/y to 115 billion rupees, according to estimates compiled by Bloomberg.
- Tata Consultancy will report December quarter earnings on Thursday after close of trading hours, when its key rival Infosys is also expected to release its numbers.
*Bloomberg Intelligence*
- Expects the co.โs revenue growth in constant currency to be slightly lower than consensus, driven by ongoing pressure on discretionary IT spending
- โWe anticipate management comments to remain conservative regarding near-term demand and donโt expect a rebound through the end of 2024โ
- Operating margins at TCS may remain around 24% as easing attrition and lower marketing costs offset slowing revenue
*THIRD QUARTER*
- Net income estimate 115 billion rupees (Bloomberg Consensus)
- Revenue estimate 601.03 billion rupees
- Cost of revenue estimate 362.08 billion rupees
- Employee benefits expenses estimate 258.34 billion rupees
- SG&A expense estimate 94.65 billion rupees
- Operating income estimate 147.89 billion rupees
- Operating margin estimate 24.5%
- Dividend per share estimate 10.63 rupees
- Earnings release expected Jan. 11
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 10-01-2024 :
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -70633* ๐ญ๐ญ
*INDEX FUT. : -640*
*INDEX OPT. : -68356*
*STOCK FUT. : -1099*
*STOCK OPT. : -537*
SEC. IN F&O BAN FOR, 10-JAN-24 :
*1. BALRAMCHIN 2. BANDHANBNK 3. CHAMBLFERT 4. INDUSTOWER 5. ESCORTS 6. PVRINOX 7. HINDCOPPER 8. IEX 9. INDIACEM 10. NATIONALUM 11. PEL 12. SAIL 13. ZEEL*
*ADDITION : ZEEL, PVRINOX*
*DELETION : DELTACORP, GNFC*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 10-JAN-2024 :*
*FIIS : SELL -1,721 (9,622-11,343)* ๐ฅ
*DIIS : BUY +2,080 (10,462-8,382)* ๐
*BSE SENSEX : +271 (71,657)๐ผ*
*NSE NIFTY : +74 (21,619)๐ผ*
*BSE MIDCAP. : +86 (37,490)*๐ผ
*BSE SMLCAP. : +151 (43,972)*๐ผ
*B. CRUDE : $ 78.30* ๐ผ ๐ฉ
*GOLD: $ 2,028=INR 63,000(10gr)*๐ฝโบ๏ธ
*SILVER : RS. 76,300 (kg)(5pm)*๐ฝ๐ฉ
*FOREX : RS. $ 83.03 ๐ผ ๐*
*7.18%NEW '33: 7.1808%(99.9850)๐ฝ๐*
*7.18%GOI '37: 7.2864% (99.09)๐ฝ๐*
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -70633* ๐ญ๐ญ
*INDEX FUT. : -640*
*INDEX OPT. : -68356*
*STOCK FUT. : -1099*
*STOCK OPT. : -537*
SEC. IN F&O BAN FOR, 10-JAN-24 :
*1. BALRAMCHIN 2. BANDHANBNK 3. CHAMBLFERT 4. INDUSTOWER 5. ESCORTS 6. PVRINOX 7. HINDCOPPER 8. IEX 9. INDIACEM 10. NATIONALUM 11. PEL 12. SAIL 13. ZEEL*
*ADDITION : ZEEL, PVRINOX*
*DELETION : DELTACORP, GNFC*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 10-JAN-2024 :*
*FIIS : SELL -1,721 (9,622-11,343)* ๐ฅ
*DIIS : BUY +2,080 (10,462-8,382)* ๐
*BSE SENSEX : +271 (71,657)๐ผ*
*NSE NIFTY : +74 (21,619)๐ผ*
*BSE MIDCAP. : +86 (37,490)*๐ผ
*BSE SMLCAP. : +151 (43,972)*๐ผ
*B. CRUDE : $ 78.30* ๐ผ ๐ฉ
*GOLD: $ 2,028=INR 63,000(10gr)*๐ฝโบ๏ธ
*SILVER : RS. 76,300 (kg)(5pm)*๐ฝ๐ฉ
*FOREX : RS. $ 83.03 ๐ผ ๐*
*7.18%NEW '33: 7.1808%(99.9850)๐ฝ๐*
*7.18%GOI '37: 7.2864% (99.09)๐ฝ๐*
๐ฎ๐ณ India Daybook Stocks in News
@AlliesFin
Phoenix Mills: Company's gross retail collections at Rs 700 crore, up 30% year-on-year. (Positive)
Lupin: Company launched product in U.S. market, used as aid to smoking cessation treatment (Positive)
NCC: Smallcap World Fund INC bought 36.15 Lakh Shares at 185.23/Share (Positive)
Suzlon: Sairam Prasad named as CEO of unit Suzlon Global Services effective January 16 (Positive)
Steel Strips: Directorate General Of Trade Remedies recommends anti-dumping duty on aluminum alloy road Wheel Imports from China for 5 years (Positive)
Ease My Trip: Company venturing into insurance sector with the launch of its subsidiary (Positive)
Steel Strips: Company completes the process of acquisition of AMW Auto component Limited (Positive)
NBCC: Company bags contract worth Rs 218 crore from NIFT campus at Varanasi, Uttar Pradesh. (Positive)
Maruti Suzuki: Company plans to produce 10 lakh units annually at new plant. (Positive)
Welspun Ent: Company pledges Rs 40,000 crore investment to set up green hydrogen, green ammonia ecosystem in Gujarat. (Positive)
CESC: Company's unit Noida Power Company gets order from Uttar Pradesh Electricity Regulatory Commission. (Positive)
Atul Limited: Atul Products Ltd, has received approval and started operations of a 300 tpd caustic and 50 MW power plant. (Positive)
Kalyani Steels: Company secures acquisition of Kamineni Steel & Power India Pvt Ltd assets under the Insolvency and Bankruptcy Code, 2016 (Positive)
KIMS: Company has acquired an additional 5.04% equity stake in Sarvejana Healthcare Private Limited (Positive)
Sernco Gold: Company achieved 9% volume growth in gold and 27% in diamond jewelry. (Positive)
Thirumalai Chemicals: Company has started commercial production at its subsidiary, TCL Intermediates Private Limited's Greenfield plant in Dahej (Neutral)
Safari Industries: Board of directors will meet on January 15 to consider the raising funds (Neutral)
Bank Of India Q3: Total business (global) at Rs 12.76 lk cr, up 9.9% (YoY) (Neutral)
Satin Creditcare: Company to consider Fund Raising via NCDs on January 15 (Neutral)
*ONGC: Company incorporates wholly owned subsidiary OVL Overseas IFSC in GIFT City, Gujarat (Neutral)
Mahindra & Mahindra: Company's stake in Sustainable Energy Infra Trust diluted to 10.5% from 15.7% earlier. (Neutral)
Bank of Baroda: Bank hikes lending rates by 5 bps for overnight, six month & one year tenures (Neutral)
Metro Brands: Deepika Deepti has resigned as Senior Vice President- Marketing of the company with effect from March 26 (Neutral)
Axis Cades: Floor Price Rs 696.7 Rs per share, i.e. discount of 9.9% to CMP.
Polycab: Income Tax Department detects unaccounted cash sales of about Rs 1,000 crore after it initiates search
NIACL: Received of SCN cum demand notice from Directorate General of GST for Tax of Rs 2379 crore.
@AlliesFin
Phoenix Mills: Company's gross retail collections at Rs 700 crore, up 30% year-on-year. (Positive)
Lupin: Company launched product in U.S. market, used as aid to smoking cessation treatment (Positive)
NCC: Smallcap World Fund INC bought 36.15 Lakh Shares at 185.23/Share (Positive)
Suzlon: Sairam Prasad named as CEO of unit Suzlon Global Services effective January 16 (Positive)
Steel Strips: Directorate General Of Trade Remedies recommends anti-dumping duty on aluminum alloy road Wheel Imports from China for 5 years (Positive)
Ease My Trip: Company venturing into insurance sector with the launch of its subsidiary (Positive)
Steel Strips: Company completes the process of acquisition of AMW Auto component Limited (Positive)
NBCC: Company bags contract worth Rs 218 crore from NIFT campus at Varanasi, Uttar Pradesh. (Positive)
Maruti Suzuki: Company plans to produce 10 lakh units annually at new plant. (Positive)
Welspun Ent: Company pledges Rs 40,000 crore investment to set up green hydrogen, green ammonia ecosystem in Gujarat. (Positive)
CESC: Company's unit Noida Power Company gets order from Uttar Pradesh Electricity Regulatory Commission. (Positive)
Atul Limited: Atul Products Ltd, has received approval and started operations of a 300 tpd caustic and 50 MW power plant. (Positive)
Kalyani Steels: Company secures acquisition of Kamineni Steel & Power India Pvt Ltd assets under the Insolvency and Bankruptcy Code, 2016 (Positive)
KIMS: Company has acquired an additional 5.04% equity stake in Sarvejana Healthcare Private Limited (Positive)
Sernco Gold: Company achieved 9% volume growth in gold and 27% in diamond jewelry. (Positive)
Thirumalai Chemicals: Company has started commercial production at its subsidiary, TCL Intermediates Private Limited's Greenfield plant in Dahej (Neutral)
Safari Industries: Board of directors will meet on January 15 to consider the raising funds (Neutral)
Bank Of India Q3: Total business (global) at Rs 12.76 lk cr, up 9.9% (YoY) (Neutral)
Satin Creditcare: Company to consider Fund Raising via NCDs on January 15 (Neutral)
*ONGC: Company incorporates wholly owned subsidiary OVL Overseas IFSC in GIFT City, Gujarat (Neutral)
Mahindra & Mahindra: Company's stake in Sustainable Energy Infra Trust diluted to 10.5% from 15.7% earlier. (Neutral)
Bank of Baroda: Bank hikes lending rates by 5 bps for overnight, six month & one year tenures (Neutral)
Metro Brands: Deepika Deepti has resigned as Senior Vice President- Marketing of the company with effect from March 26 (Neutral)
Axis Cades: Floor Price Rs 696.7 Rs per share, i.e. discount of 9.9% to CMP.
Polycab: Income Tax Department detects unaccounted cash sales of about Rs 1,000 crore after it initiates search
NIACL: Received of SCN cum demand notice from Directorate General of GST for Tax of Rs 2379 crore.
News Headlines from Business News Agencies :
Business Standard :
๐ Five NBFCs look to raise Rs 2,750 crore via public issue this month
๐ Voting advisory firm IiAS opposes Aster DM's sale of Gulf business
๐ Rajay Kumar Sinha appointed as Irdai member finance & investment for 3 yrs
๐ NBCC gets Rs 218 crore order from National Institute of Fashion Technology
๐ Kalanithi Maran vs SpiceJet: Delhi High Court defers hearing to February
๐ Reduction of logistics cost is a big macro turnaround for India
๐ Paytm to invest Rs 100 cr in GIFT City to build global payments system
๐ SBI raising $300 mn via medium term bonds, assigned BBB- ratings by S&P
๐ Vibrant Gujarat 2024: Tata to soon start new semiconductor factory in state
๐ Vibrant Gujarat: India will become $35 trn economy by 2047, says Ambani
๐ NYSE-listed SentinelOne acquires Bangalore-based startup PingSafe
๐ Sony Group continues talks on merger with Zee amid reports on disputes
Economic Times :
๐ Vibrant Gujarat Summit 2024: Nvidia India partner Yottaโs data centre in GIFT City to go live in March
๐ Pinewood Systems to develop 500 MW solar project in Maharashtra
๐ Akumentis Healthcare launches drug for treatment of epilepsy
๐ Lupin introduces generic product in US market
๐ Experian appoints Manish Jain, Country Managing Director, India
๐ Viksit Bharat not just a dream, it's a possibility: NITI CEO Subrahmanyam
๐ India's steel ministry not seeking higher import taxes -govt source
๐ Sebi puts Malappuram Finance's arm Asirvad Micro Finance IPO on hold
๐ Fintech firm Mylapay raises Rs 4.6 crore in seed funding round led by CDM Capital
๐ EU moving towards paperless customs system from June; Indian exporters must prepare to comply
๐ Parag Parikh Flexi Cap Fundโs AUM crosses Rs 50,000 crore in December
๐ Pan-India 2023 residential sales surpasses 2010 peak; over 10% growth likely in 2024
Mint :
๐ Target of 250 mn smart meter installations by 2025 unlikely to be met: ICRA
๐ BlackRock and Ark Investments to lower fees for planned spot bitcoin ETF
๐ Corporate bond's public issues surge to a four-year high: Report
๐ Value retail to be a $170 billion market in India by 2026
๐ Startup Amaha raises 50 cr in Series A funding led by Fireside Ventures
๐ Adani Group unveils first indigenously manufactured Drishti 10 UAV
๐ Bajaj Markets collaborates with Ujjivan Small Finance Bank to offer FDs
๐ Maruti Suzuki to invest โน35,000 cr for new automobile plant in Gujarat
๐ Zomato introduces daily payouts for small eateries
๐ Cross-border trades to be a game-changer for ONDC: CEO T Koshy
๐ EaseMyTrip expands reach, takes flight in insurance sector with new subsidiary
๐ ONGC Videsh sets up global treasury centre at GIFT City
Business Standard :
๐ Five NBFCs look to raise Rs 2,750 crore via public issue this month
๐ Voting advisory firm IiAS opposes Aster DM's sale of Gulf business
๐ Rajay Kumar Sinha appointed as Irdai member finance & investment for 3 yrs
๐ NBCC gets Rs 218 crore order from National Institute of Fashion Technology
๐ Kalanithi Maran vs SpiceJet: Delhi High Court defers hearing to February
๐ Reduction of logistics cost is a big macro turnaround for India
๐ Paytm to invest Rs 100 cr in GIFT City to build global payments system
๐ SBI raising $300 mn via medium term bonds, assigned BBB- ratings by S&P
๐ Vibrant Gujarat 2024: Tata to soon start new semiconductor factory in state
๐ Vibrant Gujarat: India will become $35 trn economy by 2047, says Ambani
๐ NYSE-listed SentinelOne acquires Bangalore-based startup PingSafe
๐ Sony Group continues talks on merger with Zee amid reports on disputes
Economic Times :
๐ Vibrant Gujarat Summit 2024: Nvidia India partner Yottaโs data centre in GIFT City to go live in March
๐ Pinewood Systems to develop 500 MW solar project in Maharashtra
๐ Akumentis Healthcare launches drug for treatment of epilepsy
๐ Lupin introduces generic product in US market
๐ Experian appoints Manish Jain, Country Managing Director, India
๐ Viksit Bharat not just a dream, it's a possibility: NITI CEO Subrahmanyam
๐ India's steel ministry not seeking higher import taxes -govt source
๐ Sebi puts Malappuram Finance's arm Asirvad Micro Finance IPO on hold
๐ Fintech firm Mylapay raises Rs 4.6 crore in seed funding round led by CDM Capital
๐ EU moving towards paperless customs system from June; Indian exporters must prepare to comply
๐ Parag Parikh Flexi Cap Fundโs AUM crosses Rs 50,000 crore in December
๐ Pan-India 2023 residential sales surpasses 2010 peak; over 10% growth likely in 2024
Mint :
๐ Target of 250 mn smart meter installations by 2025 unlikely to be met: ICRA
๐ BlackRock and Ark Investments to lower fees for planned spot bitcoin ETF
๐ Corporate bond's public issues surge to a four-year high: Report
๐ Value retail to be a $170 billion market in India by 2026
๐ Startup Amaha raises 50 cr in Series A funding led by Fireside Ventures
๐ Adani Group unveils first indigenously manufactured Drishti 10 UAV
๐ Bajaj Markets collaborates with Ujjivan Small Finance Bank to offer FDs
๐ Maruti Suzuki to invest โน35,000 cr for new automobile plant in Gujarat
๐ Zomato introduces daily payouts for small eateries
๐ Cross-border trades to be a game-changer for ONDC: CEO T Koshy
๐ EaseMyTrip expands reach, takes flight in insurance sector with new subsidiary
๐ ONGC Videsh sets up global treasury centre at GIFT City
Companies With More then 1Lk Cr Market Capital @AlliesFin
There Are 75 Companies With More then 1Lk Cr Mcap
What all U Have is from Markets
RIL
TCS
HDFC Bank
ICICI Bank
Infosys
Bharti Airtel
HUL
ITC
SBI
LIC
L&T
Bajaj Finance
HCL Tech
Kotak Mahindra Bank
Adani Ent
Axis Bank
Titan Comp
Sun Pharma
Maruti
Asian Paints
NTPC
Ultratech
Adani Green
Tata Motors
Bajaj Finserv
ONGC
Adani Port
Avenu Supermart
Nestle
Wipro
Coal India
Power Grid
Adani Power
M&M
JSW Steel
HAL
Bajaj Auto
DLF
IOC
LTIM
Varun Bevrages
Tata Steel
Jio Financial
Siemens
SBI Life
HDFC Life
Pidilite
Grasim
BEL
IRFC
Hind Zinc
Adani Energy
Hindalco
IndusInd Bank
PFC
Britannia
Tech Mahindra
IndiGo
Adani Total
Zomato
Godrej Cons
BoB
Trent
REC
Tata Power
Macrotech
Cipla
GAIL
Eicher Motors
ABB
Ambuja Cem
PNB
Divis
Tata Cons
Chola Invest
Disc: No Recommend
Stay Tuned for updates
Telegram.me/AlliesFin
There Are 75 Companies With More then 1Lk Cr Mcap
What all U Have is from Markets
RIL
TCS
HDFC Bank
ICICI Bank
Infosys
Bharti Airtel
HUL
ITC
SBI
LIC
L&T
Bajaj Finance
HCL Tech
Kotak Mahindra Bank
Adani Ent
Axis Bank
Titan Comp
Sun Pharma
Maruti
Asian Paints
NTPC
Ultratech
Adani Green
Tata Motors
Bajaj Finserv
ONGC
Adani Port
Avenu Supermart
Nestle
Wipro
Coal India
Power Grid
Adani Power
M&M
JSW Steel
HAL
Bajaj Auto
DLF
IOC
LTIM
Varun Bevrages
Tata Steel
Jio Financial
Siemens
SBI Life
HDFC Life
Pidilite
Grasim
BEL
IRFC
Hind Zinc
Adani Energy
Hindalco
IndusInd Bank
PFC
Britannia
Tech Mahindra
IndiGo
Adani Total
Zomato
Godrej Cons
BoB
Trent
REC
Tata Power
Macrotech
Cipla
GAIL
Eicher Motors
ABB
Ambuja Cem
PNB
Divis
Tata Cons
Chola Invest
Disc: No Recommend
Stay Tuned for updates
Telegram.me/AlliesFin
Telegram
๐ฎ๐ณAlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Its all about Mind n Money,
Make Money Work for you...
#Equity
#Currency
#Trading
#Training
#Tutorials
#Online #Offline
#Risk #Management
Market News & Updates
Channel 4 Educational Purpose Only,
Contact @AxitDShah +919869958999
Make Money Work for you...
#Equity
#Currency
#Trading
#Training
#Tutorials
#Online #Offline
#Risk #Management
Market News & Updates
Channel 4 Educational Purpose Only,
Contact @AxitDShah +919869958999
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 11-01-2024 :
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -74824* ๐ญ๐ญ
*INDEX FUT. : +74*
*INDEX OPT. : -76149*
*STOCK FUT. : +1667*
*STOCK OPT. : -416*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 11-JAN-2024 :
*FIIS : SELL -865 (11,619-12,484)* ๐ฉ
*DIIS : BUY +1,607 (12,951-11,344)* ๐
*BSE SENSEX : +64 (71,721)๐ผ*
*NSE NIFTY : +28 (21,647)๐ผ*
*BSE MIDCAP. : +249 (37,739)*๐ผ
*BSE SMLCAP. : +349 (44,321)*๐ผ
*B. CRUDE : $ 78.82* ๐ผ โบ๏ธ
*GOLD: $ 2,032=INR 63,000(10gr)*โ๏ธ๐ณ
*SILVER : RS. 76,300 (kg)(5pm)*โ๏ธ๐ณ
*FOREX : RS. $ 83.03 โ๏ธ ๐ณ*
*7.18% GOI '33: 7.1619%(100.1150)๐ฝ๐*
*7.18%GOI '37: 7.2737% (99.1975)๐ฝ๐*
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -74824* ๐ญ๐ญ
*INDEX FUT. : +74*
*INDEX OPT. : -76149*
*STOCK FUT. : +1667*
*STOCK OPT. : -416*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 11-JAN-2024 :
*FIIS : SELL -865 (11,619-12,484)* ๐ฉ
*DIIS : BUY +1,607 (12,951-11,344)* ๐
*BSE SENSEX : +64 (71,721)๐ผ*
*NSE NIFTY : +28 (21,647)๐ผ*
*BSE MIDCAP. : +249 (37,739)*๐ผ
*BSE SMLCAP. : +349 (44,321)*๐ผ
*B. CRUDE : $ 78.82* ๐ผ โบ๏ธ
*GOLD: $ 2,032=INR 63,000(10gr)*โ๏ธ๐ณ
*SILVER : RS. 76,300 (kg)(5pm)*โ๏ธ๐ณ
*FOREX : RS. $ 83.03 โ๏ธ ๐ณ*
*7.18% GOI '33: 7.1619%(100.1150)๐ฝ๐*
*7.18%GOI '37: 7.2737% (99.1975)๐ฝ๐*
*GIFT Nifty +11 pts (21701) from last trade 21690 ,*
Nikkei +376 pts ,
Hangseng -85 pts ,
Dow +15.29 pts ,Nsdq +0.54 pts, S&P
-3.21 pts , Bovespa -192 pts , Ftse -75 pts , Dax -142 pts , Cac -38 pts , Crude @ $73.05 brl (+1.03), Brent @ $78.48 brl (+1.68) , Gold @ 2038.50 (+19.30), Silver $22.99 (+0.285), Euro @ $1.0975, JPY @ $145.02, INR @ 83.075
*Today's Corporate Action*
*12th Jan Ex Date*
ASCENSIVE
E.G.M.
INFRATRUST
Income Distribution (InvIT)
KAUSHALYA
Consolidation of Shares
NEWGEN
Bonus issue 1:1
SPENTEX
Resolution Plan -Suspension
*Today's Key Results/Board Meetings*
*12-Jan-24*
AMAL
Quarterly Results
ANANDRATHI
Quarterly Results
BBLQuarterly Results
BIRLAMONEY
Quarterly Results
HCLTEC
HInterim Dividend;Quarterly Results
HDFCLIFE
Quarterly Results
KAARYAFSL
General;Preferential Issue of shares
SCLGeneral;Bonus issue
TREEHOUSE
Quarterly Results
WIPRO
Interim Dividend;Quarterly Results
YUG
Right Issue of Equity Shares
*Stock under F&O ban on NSE*
*12-Jan-24*
1 BANDHANBNK
2 BHEL
3 DELTACORP
4 ESCORTS
5 HINDCOPPER
6 INDIACEM
7 INDUSTOWER
8 NATIONALUM
9 PEL
10 POLYCAB
11 PVRINOX
12 SAIL
13 ZEEL
Nikkei +376 pts ,
Hangseng -85 pts ,
Dow +15.29 pts ,Nsdq +0.54 pts, S&P
-3.21 pts , Bovespa -192 pts , Ftse -75 pts , Dax -142 pts , Cac -38 pts , Crude @ $73.05 brl (+1.03), Brent @ $78.48 brl (+1.68) , Gold @ 2038.50 (+19.30), Silver $22.99 (+0.285), Euro @ $1.0975, JPY @ $145.02, INR @ 83.075
*Today's Corporate Action*
*12th Jan Ex Date*
ASCENSIVE
E.G.M.
INFRATRUST
Income Distribution (InvIT)
KAUSHALYA
Consolidation of Shares
NEWGEN
Bonus issue 1:1
SPENTEX
Resolution Plan -Suspension
*Today's Key Results/Board Meetings*
*12-Jan-24*
AMAL
Quarterly Results
ANANDRATHI
Quarterly Results
BBLQuarterly Results
BIRLAMONEY
Quarterly Results
HCLTEC
HInterim Dividend;Quarterly Results
HDFCLIFE
Quarterly Results
KAARYAFSL
General;Preferential Issue of shares
SCLGeneral;Bonus issue
TREEHOUSE
Quarterly Results
WIPRO
Interim Dividend;Quarterly Results
YUG
Right Issue of Equity Shares
*Stock under F&O ban on NSE*
*12-Jan-24*
1 BANDHANBNK
2 BHEL
3 DELTACORP
4 ESCORTS
5 HINDCOPPER
6 INDIACEM
7 INDUSTOWER
8 NATIONALUM
9 PEL
10 POLYCAB
11 PVRINOX
12 SAIL
13 ZEEL