*News Headlines from Business News Agencies :*
*Business Standard :*
📝 Net direct tax collection grows 19% to Rs 14.70 trillion so far in FY24
📝 Infosys Q3FY24 results: Net profit drops 7.3%, revenue rises 1.3%
📝 Direct listing of firms in GIFT City to happen at the earliest, says FM
📝 Uttar Pradesh to invest Rs 8,000 crore in 1,400-acre bulk drug park
📝 IT services companies TCS, Infosys continue to see headcount drop
📝 Paddy procurement in Chhattisgarh jumps after Assembly election results
📝 Indian crypto firms welcome US SEC approval for bitcoin ETF, draw hope
📝 Disinvestment target for FY25 likely to be pegged below Rs 50,000 cr: Icra
📝 SoftBank to resume investing in Indian startups after 18-month hiatus
📝 India's financial conditions improved significantly in Dec: CareEdge
📝 Mahindra World City signs deal with Tamil Nadu to invest Rs 1,000 cr
*Economic Times :*
📝 SpiceXpress partners with Star Air to manage belly space capacity in Star Air's fleet
📝 World added 50% more renewable energy but more needed: IEA
📝 Dealshare names Kamaldeep Singh as CEO, third cofounder Medda quits
📝 Inflection Point Ventures launches accelerator programme for early-stage startups
📝 CapitaLand Investment India plans to invest over Rs 4,500 crore in Chennai in 5 years
📝 Agritech startup Ninjacart tops Rs 1,000 crore in FY23 revenue, up 19%
📝 Tatas' investment in Gujarat fab will be big, project to move for Cabinet approval soon: Vaishnaw
📝 JSW Group ties up with Finland-based Coolbrook for low carbon emission tech
📝 Startup IPM to set up 100 fuel outlets; to start from Assam
📝 Ajmera Realty records 98% on-year rise in Q3 sales at Rs 253 crore
📝 MahaRERA reports 3,927 projects completion in 2023; highest since authority established
📝 Jyoti CNC Automation GMP falls sharply on last day despite strong response for IPO
*Mint :*
📝 Government plans import duty cuts on mobile phone parts to boost exports: Report
📝 HDFC AMC Q3 results: Company reports net profit of ₹488 core
📝 TCS Q3 earnings: Adjusted PAT stood at ₹ 12,016, grew 6%
📝 TCS Q3 earnings: Board approves dividend of ₹27 per share
📝 India-Japan Fund to invest ₹400 cr in Mahindra Last Mile Mobility
📝 OpenAI in talks with major news outlets for content licensing deals
📝 I-T dept detects ₹1,000 crore unaccounted cash sales in Polycab
📝 Skydance Media CEO mulling all-cash bid for Paramount parent National Amusements
📝 Amrut Distilleries to raise production capacity in Bengaluru by 30%
📝 SpiceJet CEO Ajay Singh says flights to Lakshadweep, Ayodhya to start soon
📝 IRB Infra well-placed to ride NHAI’s monetization plan
📝 Jefferies says weakness likely to continue in specialty chemicals space; downgrades SRF
*Business Standard :*
📝 Net direct tax collection grows 19% to Rs 14.70 trillion so far in FY24
📝 Infosys Q3FY24 results: Net profit drops 7.3%, revenue rises 1.3%
📝 Direct listing of firms in GIFT City to happen at the earliest, says FM
📝 Uttar Pradesh to invest Rs 8,000 crore in 1,400-acre bulk drug park
📝 IT services companies TCS, Infosys continue to see headcount drop
📝 Paddy procurement in Chhattisgarh jumps after Assembly election results
📝 Indian crypto firms welcome US SEC approval for bitcoin ETF, draw hope
📝 Disinvestment target for FY25 likely to be pegged below Rs 50,000 cr: Icra
📝 SoftBank to resume investing in Indian startups after 18-month hiatus
📝 India's financial conditions improved significantly in Dec: CareEdge
📝 Mahindra World City signs deal with Tamil Nadu to invest Rs 1,000 cr
*Economic Times :*
📝 SpiceXpress partners with Star Air to manage belly space capacity in Star Air's fleet
📝 World added 50% more renewable energy but more needed: IEA
📝 Dealshare names Kamaldeep Singh as CEO, third cofounder Medda quits
📝 Inflection Point Ventures launches accelerator programme for early-stage startups
📝 CapitaLand Investment India plans to invest over Rs 4,500 crore in Chennai in 5 years
📝 Agritech startup Ninjacart tops Rs 1,000 crore in FY23 revenue, up 19%
📝 Tatas' investment in Gujarat fab will be big, project to move for Cabinet approval soon: Vaishnaw
📝 JSW Group ties up with Finland-based Coolbrook for low carbon emission tech
📝 Startup IPM to set up 100 fuel outlets; to start from Assam
📝 Ajmera Realty records 98% on-year rise in Q3 sales at Rs 253 crore
📝 MahaRERA reports 3,927 projects completion in 2023; highest since authority established
📝 Jyoti CNC Automation GMP falls sharply on last day despite strong response for IPO
*Mint :*
📝 Government plans import duty cuts on mobile phone parts to boost exports: Report
📝 HDFC AMC Q3 results: Company reports net profit of ₹488 core
📝 TCS Q3 earnings: Adjusted PAT stood at ₹ 12,016, grew 6%
📝 TCS Q3 earnings: Board approves dividend of ₹27 per share
📝 India-Japan Fund to invest ₹400 cr in Mahindra Last Mile Mobility
📝 OpenAI in talks with major news outlets for content licensing deals
📝 I-T dept detects ₹1,000 crore unaccounted cash sales in Polycab
📝 Skydance Media CEO mulling all-cash bid for Paramount parent National Amusements
📝 Amrut Distilleries to raise production capacity in Bengaluru by 30%
📝 SpiceJet CEO Ajay Singh says flights to Lakshadweep, Ayodhya to start soon
📝 IRB Infra well-placed to ride NHAI’s monetization plan
📝 Jefferies says weakness likely to continue in specialty chemicals space; downgrades SRF
🇮🇳India Daybook Stocks in News
@AlliesFin
*Bhansali Engineering:* Company gets environmental clearance for expansion of ABS resin up to 200000 TPA (Positive)
*Infosys:* Company to acquire Insemi for Rs 280 cr. FY24 revenue growth guidance is at 1.5-2% Vs poll of 1-2% (Positive)
*TCS:* Management said that strong deal momentum across markets resulting in a solid order book providing visibility into our long-term growth. (Positive)
*Sundram Fasteners:* Company signs MoU with Tamil Nadu Govt for investment of ₹1,411 cr (Positive)
*Tata Power:* Company signs accord for renewable energy projects of Rs 70000 crore with Gujarat government (Positive)
*Quess Corp:* Company signs MoU with Gujarat Technical University for skill development, employment generation (Positive)
*TARC:* Company launches luxury residential project in New Delhi with GDV of Rs 4,000 crore (Positive)
*HG Infra:* Company declared L-1 bidder for project worth Rs 716 crore by Central Railway (Positive)
*Oil upstream stocks:* Oil jumps as US and UK launch airstrikes on Houthis in Yemen (Positive)
*Bajel Projects:* Company has received a LOI worth Rs 487.64 crore for supply of plant and installation services GIS substations project in Uttar Pradesh. (Positive)
*Shalby:* Arm Shalby Academy signs MoU with Kaushalya, the Skill University of Gujarat Government. (Positive)
*GHCL Textiles:* Company signed a MoU with Tamil Nadu Government to invest Rs 535 crore (Positive)
*Bharat Wire Ropes:* Brinker Capital Destinations Trust bought 4.15 lakh shares (Positive)
*KPI Green Energy:* Company received an order for 2 MW solar power plant from Sanwariya Processors (Positive)
*Tata Metaliks:* The National Company Law Tribunal, Mumbai sanctioned the merger of Tata Metaliks with Tata Steel. (Positive)
*IOB:* Bank hikes lending rates on most tenures by 5-10 bps effective January 15, 2023. (Neutral)
*Polycab* Company reiterates that as on date, the company has not received any written communication from the IncomeTax Department regarding the outcome of the search (Neutral)
*Container Corp:* Exim volumes up 8.25% & domestic volumes down 1.25% YoY (Neutral)
*Infosys Q3:* Net Profit at Rs 6106 crore versus poll of Rs 6043 crore, Rupee Revenue at Rs 38821 crore versus poll of Rs 38555 crore (Neutral)
*TCS Q3:* Net Profit at Rs 11058 crore versus poll of Rs 11345 crore, Rupee Revenue at Rs 60583 crore versus poll of Rs 59950 crore (Neutral)
*UltraTech Cement:* Company to acquire 26% stake in Amplus Ages for Rs 49 cr (Neutral)
*Mahindra & Mahindra:* Company's stake in Sustainable Energy Infra Trust diluted to 10.5% from 15.7% earlier. (Neutral)
*Strides Pharma:* Company's step-down subsidiary agrees to sell 100% stake in Eris Pharma for €200,000 (Neutral)
*NYKAA:* Lexdale International to sell shares via block. Block deal for 2.62 crore shares launched. Total block deal value at Rs 490 crores (Neutral)
*Bank Baroda:* RBI waives off penalty worth Rs 5 crore. (Neutral)
*Polycab India:* Small Cap World Fund Inc sold 8.51 lakh shares (0.56%) at Rs 3,955.87 apiece (Neutral)
*LIC:* Company gets demand orders worth Rs 3,528.75 crore form Income Tax Authorities, Mumbai.
@AlliesFin
*Bhansali Engineering:* Company gets environmental clearance for expansion of ABS resin up to 200000 TPA (Positive)
*Infosys:* Company to acquire Insemi for Rs 280 cr. FY24 revenue growth guidance is at 1.5-2% Vs poll of 1-2% (Positive)
*TCS:* Management said that strong deal momentum across markets resulting in a solid order book providing visibility into our long-term growth. (Positive)
*Sundram Fasteners:* Company signs MoU with Tamil Nadu Govt for investment of ₹1,411 cr (Positive)
*Tata Power:* Company signs accord for renewable energy projects of Rs 70000 crore with Gujarat government (Positive)
*Quess Corp:* Company signs MoU with Gujarat Technical University for skill development, employment generation (Positive)
*TARC:* Company launches luxury residential project in New Delhi with GDV of Rs 4,000 crore (Positive)
*HG Infra:* Company declared L-1 bidder for project worth Rs 716 crore by Central Railway (Positive)
*Oil upstream stocks:* Oil jumps as US and UK launch airstrikes on Houthis in Yemen (Positive)
*Bajel Projects:* Company has received a LOI worth Rs 487.64 crore for supply of plant and installation services GIS substations project in Uttar Pradesh. (Positive)
*Shalby:* Arm Shalby Academy signs MoU with Kaushalya, the Skill University of Gujarat Government. (Positive)
*GHCL Textiles:* Company signed a MoU with Tamil Nadu Government to invest Rs 535 crore (Positive)
*Bharat Wire Ropes:* Brinker Capital Destinations Trust bought 4.15 lakh shares (Positive)
*KPI Green Energy:* Company received an order for 2 MW solar power plant from Sanwariya Processors (Positive)
*Tata Metaliks:* The National Company Law Tribunal, Mumbai sanctioned the merger of Tata Metaliks with Tata Steel. (Positive)
*IOB:* Bank hikes lending rates on most tenures by 5-10 bps effective January 15, 2023. (Neutral)
*Polycab* Company reiterates that as on date, the company has not received any written communication from the IncomeTax Department regarding the outcome of the search (Neutral)
*Container Corp:* Exim volumes up 8.25% & domestic volumes down 1.25% YoY (Neutral)
*Infosys Q3:* Net Profit at Rs 6106 crore versus poll of Rs 6043 crore, Rupee Revenue at Rs 38821 crore versus poll of Rs 38555 crore (Neutral)
*TCS Q3:* Net Profit at Rs 11058 crore versus poll of Rs 11345 crore, Rupee Revenue at Rs 60583 crore versus poll of Rs 59950 crore (Neutral)
*UltraTech Cement:* Company to acquire 26% stake in Amplus Ages for Rs 49 cr (Neutral)
*Mahindra & Mahindra:* Company's stake in Sustainable Energy Infra Trust diluted to 10.5% from 15.7% earlier. (Neutral)
*Strides Pharma:* Company's step-down subsidiary agrees to sell 100% stake in Eris Pharma for €200,000 (Neutral)
*NYKAA:* Lexdale International to sell shares via block. Block deal for 2.62 crore shares launched. Total block deal value at Rs 490 crores (Neutral)
*Bank Baroda:* RBI waives off penalty worth Rs 5 crore. (Neutral)
*Polycab India:* Small Cap World Fund Inc sold 8.51 lakh shares (0.56%) at Rs 3,955.87 apiece (Neutral)
*LIC:* Company gets demand orders worth Rs 3,528.75 crore form Income Tax Authorities, Mumbai.
@AxitDShah
A man, who regularly attended business & group meetings suddenly, without any notice, stopped participating.
After a few weeks, one very cold night the Leader of that group decided to visit him.
He found the man at home, alone, sitting in front of a fireplace where a bright fire burned.
The man welcomed the leader. There was great calm & silence.
The two men only watched the dancing flames around the logs that crackled in the fireplace.
After a few minutes the leader, without saying a word, examined the logs that formed the fire and selected one of them, glowing most brightly of all, and removed it to the side with a pair of tongs.
Then he sat down again.
The host was paying attention to everything, fascinated.
Before long, the lone log’s flame subsided,
until there was only a momentary glow and the fire soon went out.
In a short time what was previously bright light and heat had become nothing more than a black dead piece of wood.
Very few words had been spoken since the greeting.
Before preparing to leave, the leader picked up the useless piece of wood with the tongs and placed it again in the middle of the fire.
Immediately, the piece of wood was rekindled, fuelled by the light and heat of the burning logs around it.
When the leader was about to leave & had reached the door, the host said: ‘Thank you for your visit and for your beautiful lesson.
I'll return to the group soon.’
Why is a group important in our lives ?
Very simple: Because each member that withdraws takes fire and heat from the rest.
It's worth reminding group members that, they are a part of the flame.
It's also good to remind us that we are all responsible for keeping each other's flame burning.
And we must promote the union among us so that the fire is really strong, effective and lasting.
Keep the fire burning.
*THE* *GROUP* *IS* *ALSO* *A* *FAMILY*
It doesn't matter if sometimes we are bothered by so many messages, quarrels and misunderstandings.
What matters is to be connected.
We are here to meet, message, learn, exchange ideas or simply to know that we are not alone
Let's keep the flame alive in our life.
Axit
Link to this post
https://t.me/AlliesFin/14079
A man, who regularly attended business & group meetings suddenly, without any notice, stopped participating.
After a few weeks, one very cold night the Leader of that group decided to visit him.
He found the man at home, alone, sitting in front of a fireplace where a bright fire burned.
The man welcomed the leader. There was great calm & silence.
The two men only watched the dancing flames around the logs that crackled in the fireplace.
After a few minutes the leader, without saying a word, examined the logs that formed the fire and selected one of them, glowing most brightly of all, and removed it to the side with a pair of tongs.
Then he sat down again.
The host was paying attention to everything, fascinated.
Before long, the lone log’s flame subsided,
until there was only a momentary glow and the fire soon went out.
In a short time what was previously bright light and heat had become nothing more than a black dead piece of wood.
Very few words had been spoken since the greeting.
Before preparing to leave, the leader picked up the useless piece of wood with the tongs and placed it again in the middle of the fire.
Immediately, the piece of wood was rekindled, fuelled by the light and heat of the burning logs around it.
When the leader was about to leave & had reached the door, the host said: ‘Thank you for your visit and for your beautiful lesson.
I'll return to the group soon.’
Why is a group important in our lives ?
Very simple: Because each member that withdraws takes fire and heat from the rest.
It's worth reminding group members that, they are a part of the flame.
It's also good to remind us that we are all responsible for keeping each other's flame burning.
And we must promote the union among us so that the fire is really strong, effective and lasting.
Keep the fire burning.
*THE* *GROUP* *IS* *ALSO* *A* *FAMILY*
It doesn't matter if sometimes we are bothered by so many messages, quarrels and misunderstandings.
What matters is to be connected.
We are here to meet, message, learn, exchange ideas or simply to know that we are not alone
Let's keep the flame alive in our life.
Axit
Link to this post
https://t.me/AlliesFin/14079
👍2
GIFT Nifty +54 pts (22023) from last trade 21969 ,
@AlliesFin
Nikkei +216 pts ,
Hangseng +14 pts ,
Dow -118.04 pts ,Nsdq +2.58 pts, S&P
+3.59 pts , Bovespa +338 pts , Ftse +48 pts , Dax +157 pts , Cac +77 pts , Crude @ $72.28 brl (-0.40), Brent @ $77.85 brl (-0.45) , Gold @ 2051.90 (+0.30), Silver $23.33 (+0.00), Euro @ $1.0946, JPY @ $145.02, INR @ 83.855
*Today's Corporate Action*
*15th Jan Ex Date*
SUKHJITS
Interim Dividend - Rs. - 8.0000
TATACOFFEE
Spin Off
TATACOFFEE
Amalgamation
*Today's Key Results/Board Meetings*
*15-Jan-24*
AARTECH
General
ANGELONE
Interim Dividend;General;Quarterly Results
AVONMERC
General;Quarterly Results
AXISCADES
General
BCG
Quarterly Results
CHANDRAP
General;Quarterly Results
CHEMTECH
Increase in Authorised Capital;Issue Of Warrants;General;Preferential Issue of shares
CHOICEIN
Bonus issue;Increase in Authorised Capital;Quarterly Results
CUPIDTR
A.G.M.;Increase in Authorised Capital;General
DGCONTENT
Quarterly Results
DHATRE
Quarterly Results
EMERALD
Quarterly Results
EXCEL
General;Quarterly Results
FEDFINA
Quarterly Results
FIEMIND
Bonus issue
GDLLEAS
General
GOLKUNDIA
Quarterly Results
INFOMEDIA
Quarterly Results
JAIBALAJI
General;Quarterly Results
JIOFIN
Quarterly Results
KESORAMIND
Quarterly Results
MANORAMA
General;Stock Split
METALFORGE
Quarterly Results
NELCO
Quarterly Results
OROSMITHS
Quarterly Results
PCBL
Interim Dividend;Quarterly Results
REVAORG
General;Quarterly Results
RICHUNV
Quarterly Results
RIIL
Quarterly Results
ROOPSHRI
Preferential Issue of shares
ROSEMER
General
SAFARI
Preferential Issue of shares
SATIN
General
SURAJEST
Quarterly Results
VIRTUALG
General;Quarterly Results
VIRTUALS
General
*Stock under F&O ban on NSE*
*15-Jan-24*
1 BANDHANBNK
2 BHEL
3 CHAMBLFERT
4 DELTACORP
5 ESCORTS
6 HINDCOPPER
7 INDIACEM
8 INDUSTOWER
9 METROPOLIS
10 NATIONALUM
11 PEL
12 POLYCAB
13 PVRINOX
14 SAIL
15 ZEEL
@AlliesFin
Nikkei +216 pts ,
Hangseng +14 pts ,
Dow -118.04 pts ,Nsdq +2.58 pts, S&P
+3.59 pts , Bovespa +338 pts , Ftse +48 pts , Dax +157 pts , Cac +77 pts , Crude @ $72.28 brl (-0.40), Brent @ $77.85 brl (-0.45) , Gold @ 2051.90 (+0.30), Silver $23.33 (+0.00), Euro @ $1.0946, JPY @ $145.02, INR @ 83.855
*Today's Corporate Action*
*15th Jan Ex Date*
SUKHJITS
Interim Dividend - Rs. - 8.0000
TATACOFFEE
Spin Off
TATACOFFEE
Amalgamation
*Today's Key Results/Board Meetings*
*15-Jan-24*
AARTECH
General
ANGELONE
Interim Dividend;General;Quarterly Results
AVONMERC
General;Quarterly Results
AXISCADES
General
BCG
Quarterly Results
CHANDRAP
General;Quarterly Results
CHEMTECH
Increase in Authorised Capital;Issue Of Warrants;General;Preferential Issue of shares
CHOICEIN
Bonus issue;Increase in Authorised Capital;Quarterly Results
CUPIDTR
A.G.M.;Increase in Authorised Capital;General
DGCONTENT
Quarterly Results
DHATRE
Quarterly Results
EMERALD
Quarterly Results
EXCEL
General;Quarterly Results
FEDFINA
Quarterly Results
FIEMIND
Bonus issue
GDLLEAS
General
GOLKUNDIA
Quarterly Results
INFOMEDIA
Quarterly Results
JAIBALAJI
General;Quarterly Results
JIOFIN
Quarterly Results
KESORAMIND
Quarterly Results
MANORAMA
General;Stock Split
METALFORGE
Quarterly Results
NELCO
Quarterly Results
OROSMITHS
Quarterly Results
PCBL
Interim Dividend;Quarterly Results
REVAORG
General;Quarterly Results
RICHUNV
Quarterly Results
RIIL
Quarterly Results
ROOPSHRI
Preferential Issue of shares
ROSEMER
General
SAFARI
Preferential Issue of shares
SATIN
General
SURAJEST
Quarterly Results
VIRTUALG
General;Quarterly Results
VIRTUALS
General
*Stock under F&O ban on NSE*
*15-Jan-24*
1 BANDHANBNK
2 BHEL
3 CHAMBLFERT
4 DELTACORP
5 ESCORTS
6 HINDCOPPER
7 INDIACEM
8 INDUSTOWER
9 METROPOLIS
10 NATIONALUM
11 PEL
12 POLYCAB
13 PVRINOX
14 SAIL
15 ZEEL
👍1
*News Headlines from Business News Agencies :*
*Business Standard :*
📝 HCLTech Q3 results: Net profit rises 6.2% to Rs 4,350 cr, beats estimates
📝 Retail inflation rises to 4-month high of 5.69% in December
📝 Go First's lenders seek investor bids by January 31, says report
📝 Axis Bank-Karvy matter: SAT says Sebi has 4 weeks to restore pledged shares
📝 Fortis Healthcare eyes acquisitions; may opt for neutral brand name
📝 IPO-bound Firstcry to expand operations in Saudi; allocate Rs 155 crore
📝 Interim Budget likely to follow fiscal consolidation path: Goldman Sachs
📝 Food regulator FSSAI inspects flight kitchens following live worm fiasco
📝 RIL, int'l partners launch data centre in Chennai, their first in India
📝 LIC receives another Income Tax demand notice worth Rs 1,370.60 crore
📝 Two-wheeler sales jump by 9.12% in 2023 amid rise in rural demand
📝 Trade bodies, exporters in Rajasthan demand task force to boost exports
📝 DRDO successfully flight-tests new Akash missile off Odisha coast
📝 SpiceJet announces special Delhi-Ayodhya flight for Ram temple ceremony
*Economic Times :*
📝 Tata Motors commences production at Sanand plant it acquired from Ford
📝 HCL Tech to pay Rs 12/share interim dividend
📝 Oil tankers divert from Red Sea after US, UK strikes in Yemen
📝 14th TPF meet: USFDA inspections, social security top agenda as India, US go to trade policy talks
📝 Oil jumps 4% at $80.57/bbl as tankers avoid Red Sea after strikes
📝 Migsun Group sells retail space in national capital to Dmart for Rs 108 crore
📝 Over 1.40 lakh overage vehicles scrapped in financial year 2022-23
📝 Zydus Group to invest Rs 5,000 cr in Gujarat
📝 India's December palm oil imports jump to 4-month high
📝 India's quest to move away from coal gets a big boost with two discoveries
📝 EU investigators to inspect China's BYD, Geely and SAIC in EV probe
📝 REC closes largest sale of Yen bonds by an Indian company, raises Rs. 3500 crore
📝 AirBrick aims for $3 million sales order book by end of FY 23-24
*Mint :*
📝 Wipro Q3 Results: PAT down 12% YoY to ₹2,694 crore, revenue drops 4.4% YoY
📝 Factory output: IIP rises 2.4% in November, says govt
📝 HDFC Life Q3 results: Net profit rises 16% YoY to ₹365 crore
📝 DMart Q3 Results: Avenue Supermarts net profit rises 17% YoY to ₹691 crore
📝 S&P downgrades Vedanta, calls bond restructuring a distressed transaction
📝 Tata Consumer acquires Capital Foods, Organic India
📝 Tesla to Halt Production at German Car Factory as Red Sea Conflict Hits Supply Chains
📝 Coca-Cola unit to streamline supply chain; transfers bottling ops in three regions
📝 EaseMyTrip aims to raise ₹1,000 cr by April, eyes acquisitions in non-air space
📝 Cyient signs MoU with Japan-based eVTOL Aircraft manufacturer
📝 Venus Remedies gets new marketing authorisations for Docetaxel & Gemcitabine from Malta, Europe
📝 Argentine Peso devaluation to have minimal impact on profitability: Godrej Cons
📝 BlackRock slashes Byju’s valuation to $1 billion, down 95%, says report
*Business Standard :*
📝 HCLTech Q3 results: Net profit rises 6.2% to Rs 4,350 cr, beats estimates
📝 Retail inflation rises to 4-month high of 5.69% in December
📝 Go First's lenders seek investor bids by January 31, says report
📝 Axis Bank-Karvy matter: SAT says Sebi has 4 weeks to restore pledged shares
📝 Fortis Healthcare eyes acquisitions; may opt for neutral brand name
📝 IPO-bound Firstcry to expand operations in Saudi; allocate Rs 155 crore
📝 Interim Budget likely to follow fiscal consolidation path: Goldman Sachs
📝 Food regulator FSSAI inspects flight kitchens following live worm fiasco
📝 RIL, int'l partners launch data centre in Chennai, their first in India
📝 LIC receives another Income Tax demand notice worth Rs 1,370.60 crore
📝 Two-wheeler sales jump by 9.12% in 2023 amid rise in rural demand
📝 Trade bodies, exporters in Rajasthan demand task force to boost exports
📝 DRDO successfully flight-tests new Akash missile off Odisha coast
📝 SpiceJet announces special Delhi-Ayodhya flight for Ram temple ceremony
*Economic Times :*
📝 Tata Motors commences production at Sanand plant it acquired from Ford
📝 HCL Tech to pay Rs 12/share interim dividend
📝 Oil tankers divert from Red Sea after US, UK strikes in Yemen
📝 14th TPF meet: USFDA inspections, social security top agenda as India, US go to trade policy talks
📝 Oil jumps 4% at $80.57/bbl as tankers avoid Red Sea after strikes
📝 Migsun Group sells retail space in national capital to Dmart for Rs 108 crore
📝 Over 1.40 lakh overage vehicles scrapped in financial year 2022-23
📝 Zydus Group to invest Rs 5,000 cr in Gujarat
📝 India's December palm oil imports jump to 4-month high
📝 India's quest to move away from coal gets a big boost with two discoveries
📝 EU investigators to inspect China's BYD, Geely and SAIC in EV probe
📝 REC closes largest sale of Yen bonds by an Indian company, raises Rs. 3500 crore
📝 AirBrick aims for $3 million sales order book by end of FY 23-24
*Mint :*
📝 Wipro Q3 Results: PAT down 12% YoY to ₹2,694 crore, revenue drops 4.4% YoY
📝 Factory output: IIP rises 2.4% in November, says govt
📝 HDFC Life Q3 results: Net profit rises 16% YoY to ₹365 crore
📝 DMart Q3 Results: Avenue Supermarts net profit rises 17% YoY to ₹691 crore
📝 S&P downgrades Vedanta, calls bond restructuring a distressed transaction
📝 Tata Consumer acquires Capital Foods, Organic India
📝 Tesla to Halt Production at German Car Factory as Red Sea Conflict Hits Supply Chains
📝 Coca-Cola unit to streamline supply chain; transfers bottling ops in three regions
📝 EaseMyTrip aims to raise ₹1,000 cr by April, eyes acquisitions in non-air space
📝 Cyient signs MoU with Japan-based eVTOL Aircraft manufacturer
📝 Venus Remedies gets new marketing authorisations for Docetaxel & Gemcitabine from Malta, Europe
📝 Argentine Peso devaluation to have minimal impact on profitability: Godrej Cons
📝 BlackRock slashes Byju’s valuation to $1 billion, down 95%, says report
Stock updates
*🗞️* SBI launches Green Rupee Term Deposit to support Green Finance Ecosystem
*🗞️* NLC India Ltd awards contract to BHEL for Thermal Power Project at Odisha
*🗞️* Tata Consumer Products to acquire Organic India, a 'better for you' organic
brand spanning Food & Beverages and Nutraceutical categories
*🗞️* Avalon Technologies Ltd enters into an agreement with C-DAC for
indigenously manufactured HPC servers 'RUDRA'
*🗞️* RBI imposes monetary penalty of Rs. 29.55 lakh on ESAF Small Finance Bank
Ltd
*🗞️* BHEL receives LOA of EPC package for NLC Talabira Thermal Power project
*🗞️* Hampton Sky Realty Ltd receives approvals for Hospital project
*🗞️* Tata Consumer Products to acquire Capital Foods, owner of 'Ching's Secret'
and 'Smith & Jones' brands
*🗞️* Ganesh Benzoplast Ltd allots 17 lakh shares to Malabar India Fund Ltd
*🗞️* AVG Logistics Ltd board approves preferential issue
*🗞️* Sunshine Capital Limited board approves stock split, bonus issue
*🗞️* Adani New Industries Ltd receives LoA from SECI for new manufacturing
capacity
*🗞️* HCL Technologies Ltd declares interim dividend of Rs. 12
*🗞️* Century Plyboards India Ltd starts commercial production of laminate unit
*🗞️* Shree Ajit Pulp And Paper Ltd fixes Jan 18, 2024 as record date for rights
issue
*🗞️* Shivalik Rasayan Ltd submits USMDF for API 'PALBOCICLIB'
*🗞️* Shalby Limited's CMD wins award
*🗞️* Conart Engineers Ltd receives work order from Jecon Engineers Pvt Ltd
*🗞️* Sheela Foam Limited increases stake in Kurlon Enterprise Ltd to 97.23%
*🗞️* Goldstone Technologies Ltd changes name as AION-TECH Solutions Ltd
*🗞️* Wipro Ltd approves interim dividend of Rs. 1
*🗞️* Bhansali Engineering Polymers Ltd executes contract with Toyo Engineering
India Pvt Ltd
*🗞️* Cyient, first Indian partner for advanced air mobility with SkyDrive -
Japan's leading eVTOL manufacturer
*🗞️* Suraj Industries Ltd enters into loan grant agreement Carya Chemicals and
Fertilizers Pvt Ltd
*🗞️* SBI launches Green Rupee Term Deposit to support Green Finance Ecosystem
*🗞️* NLC India Ltd awards contract to BHEL for Thermal Power Project at Odisha
*🗞️* Tata Consumer Products to acquire Organic India, a 'better for you' organic
brand spanning Food & Beverages and Nutraceutical categories
*🗞️* Avalon Technologies Ltd enters into an agreement with C-DAC for
indigenously manufactured HPC servers 'RUDRA'
*🗞️* RBI imposes monetary penalty of Rs. 29.55 lakh on ESAF Small Finance Bank
Ltd
*🗞️* BHEL receives LOA of EPC package for NLC Talabira Thermal Power project
*🗞️* Hampton Sky Realty Ltd receives approvals for Hospital project
*🗞️* Tata Consumer Products to acquire Capital Foods, owner of 'Ching's Secret'
and 'Smith & Jones' brands
*🗞️* Ganesh Benzoplast Ltd allots 17 lakh shares to Malabar India Fund Ltd
*🗞️* AVG Logistics Ltd board approves preferential issue
*🗞️* Sunshine Capital Limited board approves stock split, bonus issue
*🗞️* Adani New Industries Ltd receives LoA from SECI for new manufacturing
capacity
*🗞️* HCL Technologies Ltd declares interim dividend of Rs. 12
*🗞️* Century Plyboards India Ltd starts commercial production of laminate unit
*🗞️* Shree Ajit Pulp And Paper Ltd fixes Jan 18, 2024 as record date for rights
issue
*🗞️* Shivalik Rasayan Ltd submits USMDF for API 'PALBOCICLIB'
*🗞️* Shalby Limited's CMD wins award
*🗞️* Conart Engineers Ltd receives work order from Jecon Engineers Pvt Ltd
*🗞️* Sheela Foam Limited increases stake in Kurlon Enterprise Ltd to 97.23%
*🗞️* Goldstone Technologies Ltd changes name as AION-TECH Solutions Ltd
*🗞️* Wipro Ltd approves interim dividend of Rs. 1
*🗞️* Bhansali Engineering Polymers Ltd executes contract with Toyo Engineering
India Pvt Ltd
*🗞️* Cyient, first Indian partner for advanced air mobility with SkyDrive -
Japan's leading eVTOL manufacturer
*🗞️* Suraj Industries Ltd enters into loan grant agreement Carya Chemicals and
Fertilizers Pvt Ltd
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 15-01-2024 :
@AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -6983* 😭
*INDEX FUT. : +1446*
*INDEX OPT. : -7864*
*STOCK FUT. : +134*
*STOCK OPT. : -699*
*SEC. IN F&O BAN FOR, 16-JAN-24 :*
*1. BANDHANBNK 2. BHEL 3. CHAMBLFERT 4 . DELTACORP 5. ESCORTS 6. HINDCOPPER 7. INDIACEM 8. INDUSTOWER 9. METROPOLIS 10 . BIOCON 11. PEL 12 . POLYCAB 13. PVRINOX 14. SAIL 15. ZEEL*
*ADDITION : BIOCON*
*DELETION : NATIONALUM*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 15-JAN-2024 :*
*FIIS : BUY +1,086 (12,196-11,110)* 😃
*DIIS : SELL -820 (10,882-11,702)* 😩
*BSE SENSEX : +760 (73,328)🔼*
*NSE NIFTY : +203 (22,097)🔼*
*BSE MIDCAP. : +254 (38,129)*🔼
*BSE SMLCAP. : +49 (44,552)*🔼
*B. CRUDE : $ 77.30* 🔽 😃
*GOLD: $ 2,054=INR 63,200(10gr)*🔼🙂
*SILVER : RS. 77,100 (kg)(5pm)*🔼🙂
*FOREX : RS. $ 82.88 🔼 🙂*
*7.18% GOI '33: 7.1518%(100.1850)🔽🙂*
*7.18% GOI '37: 7.2583% (99.33)🔽😊*
@AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -6983* 😭
*INDEX FUT. : +1446*
*INDEX OPT. : -7864*
*STOCK FUT. : +134*
*STOCK OPT. : -699*
*SEC. IN F&O BAN FOR, 16-JAN-24 :*
*1. BANDHANBNK 2. BHEL 3. CHAMBLFERT 4 . DELTACORP 5. ESCORTS 6. HINDCOPPER 7. INDIACEM 8. INDUSTOWER 9. METROPOLIS 10 . BIOCON 11. PEL 12 . POLYCAB 13. PVRINOX 14. SAIL 15. ZEEL*
*ADDITION : BIOCON*
*DELETION : NATIONALUM*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 15-JAN-2024 :*
*FIIS : BUY +1,086 (12,196-11,110)* 😃
*DIIS : SELL -820 (10,882-11,702)* 😩
*BSE SENSEX : +760 (73,328)🔼*
*NSE NIFTY : +203 (22,097)🔼*
*BSE MIDCAP. : +254 (38,129)*🔼
*BSE SMLCAP. : +49 (44,552)*🔼
*B. CRUDE : $ 77.30* 🔽 😃
*GOLD: $ 2,054=INR 63,200(10gr)*🔼🙂
*SILVER : RS. 77,100 (kg)(5pm)*🔼🙂
*FOREX : RS. $ 82.88 🔼 🙂*
*7.18% GOI '33: 7.1518%(100.1850)🔽🙂*
*7.18% GOI '37: 7.2583% (99.33)🔽😊*
*News Headlines from Business News Agencies :*
*Business Standard :*
📝 56% of chief economists expect global economy to weaken in 2024: WEF report
📝 Tata Consumer Products plans Rs 3,500 cr rights issue for acquisitions
📝 90% of Indian biz leaders planning to invest more in AI, Gen AI: Capgemini
📝 Fund mobilisation through private bond placements hit all-time high in 2023
📝 India second-largest recipient of foreign flows in 2023 after US
📝 Uber launches EV autos in Ayodhya ahead of Ram temple consecration ceremony
📝 Nine states record higher inflation than India average, shows data
📝 Red Sea crisis may nudge US buyers to source goods from East Asia
📝 Global investors attracted to India amid political stability: Prashant Ruia
📝 BFSI will bottom out by next qtr; FY25 should be better: TCS MD & CEO
📝 Govt plans 24x7 electricity supply across the country by March 2025
📝 FASTags with incomplete KYC to be deactivated post Jan 31, says NHAI
*Economic Times :*
📝 Wholesale inflation rises to nine-month high of 0.7% in December
📝 Dubai sales of $25 million homes double as global elite move in
📝 Avaada Group to invest Rs 40,000 cr to develop 6 GW hybrid renewable projects in Gujarat
📝 Oyo to open 400 new properties in major spiritual hotspots
📝 Iran says final agreement reached with India on Chabahar Port: Report
📝 Global investors show confidence in Indian realty through equity preference
📝 Restaurants' body seeks restoration of input tax credit, higher GST rate of 12 pc
📝 India aims to leverage tech to detect all small-scale severe weather events: Rijiju
📝 NFTFN to launch perpetual protocol platform for Bitcoin Ordinals
📝 Colliers India forays into Residential Services, appoints Ravi Shankar Singh as MD for biz
📝 SpiceJet’s Rs 2,242-crore fund infusion plan gets BSE nod
📝 Boeing opens warehousing facility in UP for parts supply
*Mint :*
📝 Broking industry likely to achieve record high revenues and net profits in FY24: ICRA
📝 Sodium batteries offer an alternative to tricky lithium
📝 Mahindra Group, Ontario Teachers’ Pension Plan launch renewable energy InvIT
📝 Govt to rope in PSUs for solar rooftop initiative; households can get rent
📝 Strength of govt's mandate to impact fiscal consolidation, governance trajectory
📝 Lingering risks could play spoilsport for Petronet LNG
📝 'Logistics sector shows signs of growth in Q3FY24, volume growth to set pace'
📝 Boeing Faces Longer Wait to Resume MAX Deliveries in China
📝 Sarda Energy gets contract worth ₹150 crore for installation of solar power plant
📝 eBay to pay $3 million fine in harassment lawsuit to US couple
📝 FedBank Financial Services Q3 results: Net profit increases to ₹65.4 crore
📝 HCL Tech will keep hiring to meet 5.5% growth guidance, says CEO Vijayakumar
*Business Standard :*
📝 56% of chief economists expect global economy to weaken in 2024: WEF report
📝 Tata Consumer Products plans Rs 3,500 cr rights issue for acquisitions
📝 90% of Indian biz leaders planning to invest more in AI, Gen AI: Capgemini
📝 Fund mobilisation through private bond placements hit all-time high in 2023
📝 India second-largest recipient of foreign flows in 2023 after US
📝 Uber launches EV autos in Ayodhya ahead of Ram temple consecration ceremony
📝 Nine states record higher inflation than India average, shows data
📝 Red Sea crisis may nudge US buyers to source goods from East Asia
📝 Global investors attracted to India amid political stability: Prashant Ruia
📝 BFSI will bottom out by next qtr; FY25 should be better: TCS MD & CEO
📝 Govt plans 24x7 electricity supply across the country by March 2025
📝 FASTags with incomplete KYC to be deactivated post Jan 31, says NHAI
*Economic Times :*
📝 Wholesale inflation rises to nine-month high of 0.7% in December
📝 Dubai sales of $25 million homes double as global elite move in
📝 Avaada Group to invest Rs 40,000 cr to develop 6 GW hybrid renewable projects in Gujarat
📝 Oyo to open 400 new properties in major spiritual hotspots
📝 Iran says final agreement reached with India on Chabahar Port: Report
📝 Global investors show confidence in Indian realty through equity preference
📝 Restaurants' body seeks restoration of input tax credit, higher GST rate of 12 pc
📝 India aims to leverage tech to detect all small-scale severe weather events: Rijiju
📝 NFTFN to launch perpetual protocol platform for Bitcoin Ordinals
📝 Colliers India forays into Residential Services, appoints Ravi Shankar Singh as MD for biz
📝 SpiceJet’s Rs 2,242-crore fund infusion plan gets BSE nod
📝 Boeing opens warehousing facility in UP for parts supply
*Mint :*
📝 Broking industry likely to achieve record high revenues and net profits in FY24: ICRA
📝 Sodium batteries offer an alternative to tricky lithium
📝 Mahindra Group, Ontario Teachers’ Pension Plan launch renewable energy InvIT
📝 Govt to rope in PSUs for solar rooftop initiative; households can get rent
📝 Strength of govt's mandate to impact fiscal consolidation, governance trajectory
📝 Lingering risks could play spoilsport for Petronet LNG
📝 'Logistics sector shows signs of growth in Q3FY24, volume growth to set pace'
📝 Boeing Faces Longer Wait to Resume MAX Deliveries in China
📝 Sarda Energy gets contract worth ₹150 crore for installation of solar power plant
📝 eBay to pay $3 million fine in harassment lawsuit to US couple
📝 FedBank Financial Services Q3 results: Net profit increases to ₹65.4 crore
📝 HCL Tech will keep hiring to meet 5.5% growth guidance, says CEO Vijayakumar
👍1
Mkt. Updates :
@AlliesFin
*GIFT Nifty -54 pts (22087) from last trade 22141 ,*
Nikkei -295 pts ,
Hangseng -186 pts ,
Us Mkt Clsd , Bovespa +533 pts , Ftse -30 pts , Dax -82 pts , Cac -53 pts , Crude @ $72.82 brl (+0.14), Brent @ $78.64 brl (+0.35) , Gold @ 2058.30 (+6.70), Silver $23.335 (+0.00), Euro @ $1.0946, JPY @ $145.79, INR @ 82.825
*US GOVT. 10-YR YIELD : 4.00%*
*Today's Corporate Action*
*16th Jan Ex Date :*
RAJATH
E.G.M.
TRISHAKT
Stock Split From Rs.10/- to Rs.2/-
*Today's Key Results/Board Meetings, 16-Jan-24 :*
BEEYU
Quarterly Results
BINANIIND
General
BLBLIMITED
Quarterly Results
CEENIK
General;Quarterly Results
COLABCLOUD
General
CPML
General;Quarterly Results
FEDERALBNK
Quarterly Results
FUTURSEC
Quarterly Results
GALLANTT
Quarterly Results
GOACARBON
Right Issue of Equity Shares;Interim Dividend;Quarterly Results
HATHWAY
Quarterly Results
HDFCBANK
Quarterly Results
HSCL
Quarterly Results
ICICIGI
Quarterly Results
INDINFO
Right Issue of Equity Shares;General
ISEC
Quarterly Results
ISWL
Quarterly Results
JINDALSAW
Quarterly Results
KIRANVYPAR
Quarterly Results
LOTUSCHO
Quarterly Results
LTTS
Quarterly Results
MAHABANK
Quarterly Results
MAHIP
General
MAPMYINDIA
General;Quarterly Results
MUFTI
Quarterly Results
NATIONSTD
Quarterly Results
NETWORK18
Quarterly Results
NEWGEN
Quarterly Results
NEXTMEDIA
Quarterly Results
OSIAJEE
Quarterly Results
PASUFIN
Quarterly Results
RAAJMEDI
General
ROJL
Quarterly Results
SEL
Quarterly Results
SHYMINV
Preferential Issue of shares
SICAPIT
General
SKYGOLD
Issue Of Warrants
SPANDANA
General
TV18BRDCST
Quarterly Results
ZSWASTSA
Quarterly Results
*SEC. IN F&O BAN FOR, 16-JAN-24 :*
*1. BANDHANBNK 2. BHEL 3. CHAMBLFERT 4 . DELTACORP 5. ESCORTS 6. HINDCOPPER 7. INDIACEM 8. INDUSTOWER 9. METROPOLIS 10 . BIOCON 11. PEL 12 . POLYCAB 13. PVRINOX 14. SAIL 15. ZEEL*
*ADDITION : BIOCON*
*DELETION : NATIONALUM*
*Today's Alert :*
**RBI to Conduct Auction of SDLS BONDS for INR 192.2 Billion*
@AlliesFin
*GIFT Nifty -54 pts (22087) from last trade 22141 ,*
Nikkei -295 pts ,
Hangseng -186 pts ,
Us Mkt Clsd , Bovespa +533 pts , Ftse -30 pts , Dax -82 pts , Cac -53 pts , Crude @ $72.82 brl (+0.14), Brent @ $78.64 brl (+0.35) , Gold @ 2058.30 (+6.70), Silver $23.335 (+0.00), Euro @ $1.0946, JPY @ $145.79, INR @ 82.825
*US GOVT. 10-YR YIELD : 4.00%*
*Today's Corporate Action*
*16th Jan Ex Date :*
RAJATH
E.G.M.
TRISHAKT
Stock Split From Rs.10/- to Rs.2/-
*Today's Key Results/Board Meetings, 16-Jan-24 :*
BEEYU
Quarterly Results
BINANIIND
General
BLBLIMITED
Quarterly Results
CEENIK
General;Quarterly Results
COLABCLOUD
General
CPML
General;Quarterly Results
FEDERALBNK
Quarterly Results
FUTURSEC
Quarterly Results
GALLANTT
Quarterly Results
GOACARBON
Right Issue of Equity Shares;Interim Dividend;Quarterly Results
HATHWAY
Quarterly Results
HDFCBANK
Quarterly Results
HSCL
Quarterly Results
ICICIGI
Quarterly Results
INDINFO
Right Issue of Equity Shares;General
ISEC
Quarterly Results
ISWL
Quarterly Results
JINDALSAW
Quarterly Results
KIRANVYPAR
Quarterly Results
LOTUSCHO
Quarterly Results
LTTS
Quarterly Results
MAHABANK
Quarterly Results
MAHIP
General
MAPMYINDIA
General;Quarterly Results
MUFTI
Quarterly Results
NATIONSTD
Quarterly Results
NETWORK18
Quarterly Results
NEWGEN
Quarterly Results
NEXTMEDIA
Quarterly Results
OSIAJEE
Quarterly Results
PASUFIN
Quarterly Results
RAAJMEDI
General
ROJL
Quarterly Results
SEL
Quarterly Results
SHYMINV
Preferential Issue of shares
SICAPIT
General
SKYGOLD
Issue Of Warrants
SPANDANA
General
TV18BRDCST
Quarterly Results
ZSWASTSA
Quarterly Results
*SEC. IN F&O BAN FOR, 16-JAN-24 :*
*1. BANDHANBNK 2. BHEL 3. CHAMBLFERT 4 . DELTACORP 5. ESCORTS 6. HINDCOPPER 7. INDIACEM 8. INDUSTOWER 9. METROPOLIS 10 . BIOCON 11. PEL 12 . POLYCAB 13. PVRINOX 14. SAIL 15. ZEEL*
*ADDITION : BIOCON*
*DELETION : NATIONALUM*
*Today's Alert :*
**RBI to Conduct Auction of SDLS BONDS for INR 192.2 Billion*
🇮🇳India Daybook Stocks in News
T.me/AlliesFin
*Sarda Energy:* Company gets contract worth ₹150 crore for installation of 50 MW DC solar power plant in Chhattisgarh (Positive)
*Pidilite:* Company forms partnership with Italy-based Syn-Bios, known for R&D and global marketing in the leather tanning industry (Positive)
*Aster DM:* Shareholder Might Get 100-120/Sh Dividend”: Media Sources (Positive)
*RVNL:* Company emerges as lowest bidder for Rs 251 crore power transmission project in Madhya Pradesh (Positive)
*Usha Martin:* Thailand-based arm to acquire 50% stake in Tesac Usha Wirerope Company for Baht 74.45 mn. (Positive)
*Fedbank Financial Services:* Total income at Rs 429.45 crore, up 34.67% year-on-year (Positive)
*HPL Electric:* Company gets Rs 240 crore order for smart meters from AMISP clients (Positive)
*Hind Copper/NALCO:* India’s KABIL & Argentina’s CAMYEN SE sign agreement for exploration & mining of Lithium. (Positive)
*PNC Infratech:* Company to sell 12 road assets to Highways Infrastructure Trust for ₹9,005.7 crore (Positive)
*BLS International:* Company’s Arm BLS International FZE, UAE, signs definitive agreement to acquire 100% stake in iData (Positive)
*Oil Upstream stocks: India cuts Windfall Tax on CrudeOil. (Positive)
*Jai Balaji:* Company announced 740% rise in net profit for the third quarter ended December 2023. (Positive)
*Power stocks:* Investment of Rs 17.05 lakh crore is in the pipeline in power and renewable energy sector, says Union minister R K Singh (Positive)
*Capri Global Capital:* Company is set to develop an insurance platform to maximize its Corporate Agency License from IRDAI. (Positive)
*Vedanta:* Company, VRF II, Citicorp, Axis trustee sign amended deed. S&P Global Ratings has raised long-term issuer credit rating on Vedanta Resources (Positive)
*Shakti Pumps:* Company to consider fund raising via QIPs on January 18, 2024 (Neutral)
*DCX Systems:* Company launches QIP to raise up ₹500 cr, indicative issue price at ₹341/sh, 4.8% discount to SEBI floor price (Neutral)
*Jio FIn:* Net Profit at Rs 293.0 crore versus Rs 668.18 crore, Interest Income at Rs 269.0 crore versus Rs 186.0 crore QoQ (Neutral)
*Bank of Baroda:* Introduces new deposit scheme with interest rates ranging from 7.1-7.6% per annum. (Neutral)
*Adani Ent:* Adani Group will offer eligible residents of Dharavi new flats measuring 350 square feet, a 17% extra space (Neutral)
*Shriram Finance:* Fitch assigns 'BB' rating to company's proposed U.S. dollar-denominated senior secured bonds (Neutral)
*Housing Finance Company:* RBI proposes tighter norms for accepting public deposits by housing finance companies
T.me/AlliesFin
*Sarda Energy:* Company gets contract worth ₹150 crore for installation of 50 MW DC solar power plant in Chhattisgarh (Positive)
*Pidilite:* Company forms partnership with Italy-based Syn-Bios, known for R&D and global marketing in the leather tanning industry (Positive)
*Aster DM:* Shareholder Might Get 100-120/Sh Dividend”: Media Sources (Positive)
*RVNL:* Company emerges as lowest bidder for Rs 251 crore power transmission project in Madhya Pradesh (Positive)
*Usha Martin:* Thailand-based arm to acquire 50% stake in Tesac Usha Wirerope Company for Baht 74.45 mn. (Positive)
*Fedbank Financial Services:* Total income at Rs 429.45 crore, up 34.67% year-on-year (Positive)
*HPL Electric:* Company gets Rs 240 crore order for smart meters from AMISP clients (Positive)
*Hind Copper/NALCO:* India’s KABIL & Argentina’s CAMYEN SE sign agreement for exploration & mining of Lithium. (Positive)
*PNC Infratech:* Company to sell 12 road assets to Highways Infrastructure Trust for ₹9,005.7 crore (Positive)
*BLS International:* Company’s Arm BLS International FZE, UAE, signs definitive agreement to acquire 100% stake in iData (Positive)
*Oil Upstream stocks: India cuts Windfall Tax on CrudeOil. (Positive)
*Jai Balaji:* Company announced 740% rise in net profit for the third quarter ended December 2023. (Positive)
*Power stocks:* Investment of Rs 17.05 lakh crore is in the pipeline in power and renewable energy sector, says Union minister R K Singh (Positive)
*Capri Global Capital:* Company is set to develop an insurance platform to maximize its Corporate Agency License from IRDAI. (Positive)
*Vedanta:* Company, VRF II, Citicorp, Axis trustee sign amended deed. S&P Global Ratings has raised long-term issuer credit rating on Vedanta Resources (Positive)
*Shakti Pumps:* Company to consider fund raising via QIPs on January 18, 2024 (Neutral)
*DCX Systems:* Company launches QIP to raise up ₹500 cr, indicative issue price at ₹341/sh, 4.8% discount to SEBI floor price (Neutral)
*Jio FIn:* Net Profit at Rs 293.0 crore versus Rs 668.18 crore, Interest Income at Rs 269.0 crore versus Rs 186.0 crore QoQ (Neutral)
*Bank of Baroda:* Introduces new deposit scheme with interest rates ranging from 7.1-7.6% per annum. (Neutral)
*Adani Ent:* Adani Group will offer eligible residents of Dharavi new flats measuring 350 square feet, a 17% extra space (Neutral)
*Shriram Finance:* Fitch assigns 'BB' rating to company's proposed U.S. dollar-denominated senior secured bonds (Neutral)
*Housing Finance Company:* RBI proposes tighter norms for accepting public deposits by housing finance companies
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Market News & Updates
Channel 4 Educational Purpose Only,
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*Q3FY24 EARNING CALENDAR 16.01.2024*
*FEDERALBNK*, GOACARBON, HATHWAY, *HDFCBANK*, HSCL, *ICICIGI*, ISEC, JINDALSAW, *LTTS*, MAHABANK, MAPMYINDIA, NETWORK18, NEWGEN, TV18BRDCST
*FEDERALBANK*
• NII expected at Rs 2130 crore versus Rs 1957 crore
• EBIT expected to be seen at Rs 1369 crore versus Rs 1274 crore
• EBIT margin expected to be seen at 64.33% versus 65.13%
• Net profit expected to be seen at Rs 927 crore versus of Rs 803 crore
*HDFCBANK*
• NII expected at Rs 28,345 crore versus Rs 22,987 crore
• EBIT expected to be seen at Rs 23,563 crore versus Rs 19,024 crore
• EBIT margin expected to be seen at 58.94% versus 60.42%
• Net profit expected to be seen at Rs 15,673 crore versus of Rs 12,259 crore
*ICICI GI*
• Gross Premium Writ expected at Rs 6494 crore versus Rs 5599 crore
• EBIT expected to be seen at Rs 10.4 crore versus Rs 485 crore
• EBIT margin expected to be seen at 0.22% versus 11.13%
• Net profit expected to be seen at Rs 491 crore versus of Rs 352 crore
*LTTS*
• Rupee Revenue expected at Rs 2444 crore versus Rs 2386 crore
• EBIT expected to be seen at Rs 421 crore versus Rs 407 crore
• EBIT margin expected to be seen at 17.22% versus 17.08%
• Net profit expected to be seen at Rs 315 crore versus of Rs 331 crore
*Q3FY24 EARNING CALENDAR 17.01.2024*
ALOKINDS, *ASIANPAINT*, GANESHHOUC, HAPPSTMNDS, *ICICIPRULI*, IIFL, *LTIM*, MOSCHIP, *OFSS*, SDBL, SSWL
*FEDERALBNK*, GOACARBON, HATHWAY, *HDFCBANK*, HSCL, *ICICIGI*, ISEC, JINDALSAW, *LTTS*, MAHABANK, MAPMYINDIA, NETWORK18, NEWGEN, TV18BRDCST
*FEDERALBANK*
• NII expected at Rs 2130 crore versus Rs 1957 crore
• EBIT expected to be seen at Rs 1369 crore versus Rs 1274 crore
• EBIT margin expected to be seen at 64.33% versus 65.13%
• Net profit expected to be seen at Rs 927 crore versus of Rs 803 crore
*HDFCBANK*
• NII expected at Rs 28,345 crore versus Rs 22,987 crore
• EBIT expected to be seen at Rs 23,563 crore versus Rs 19,024 crore
• EBIT margin expected to be seen at 58.94% versus 60.42%
• Net profit expected to be seen at Rs 15,673 crore versus of Rs 12,259 crore
*ICICI GI*
• Gross Premium Writ expected at Rs 6494 crore versus Rs 5599 crore
• EBIT expected to be seen at Rs 10.4 crore versus Rs 485 crore
• EBIT margin expected to be seen at 0.22% versus 11.13%
• Net profit expected to be seen at Rs 491 crore versus of Rs 352 crore
*LTTS*
• Rupee Revenue expected at Rs 2444 crore versus Rs 2386 crore
• EBIT expected to be seen at Rs 421 crore versus Rs 407 crore
• EBIT margin expected to be seen at 17.22% versus 17.08%
• Net profit expected to be seen at Rs 315 crore versus of Rs 331 crore
*Q3FY24 EARNING CALENDAR 17.01.2024*
ALOKINDS, *ASIANPAINT*, GANESHHOUC, HAPPSTMNDS, *ICICIPRULI*, IIFL, *LTIM*, MOSCHIP, *OFSS*, SDBL, SSWL
CHINA WEIGHS MORE STIMULUS WITH $139 BILLION OF SPECIAL BONDS: BLOOMBERG NEWS
#BREAKING
Temporary Action could be Auto Banks n Metals...
#BREAKING
Temporary Action could be Auto Banks n Metals...
@AlliesFin
Count of Stocks ending the day below 3%
Jan 11: 58
Jan 12: 85
Jan 15: 122
Jan 16: 281
Long Term Avg: 145
Last 30 Day Avg: 122
Nifty RSI (Weekly): 78
Nifty historically tops out above 80
Stat tuned for updates
T.me/AlliesFin
Like 👍 Share 🤝
Count of Stocks ending the day below 3%
Jan 11: 58
Jan 12: 85
Jan 15: 122
Jan 16: 281
Long Term Avg: 145
Last 30 Day Avg: 122
Nifty RSI (Weekly): 78
Nifty historically tops out above 80
Stat tuned for updates
T.me/AlliesFin
Like 👍 Share 🤝
❤1
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 16-01-2024 :
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -3582* 😥
*INDEX FUT. : -134*
*INDEX OPT. : -2461*
*STOCK FUT. : -1166*
*STOCK OPT. : +180*
SEC. IN F&O BAN FOR, 17-JAN-24 :
*1. ABFRL 2. ASHOKLEY 3. BANDHANBNK 4. BIOCON 5. CHAMBLFERT 6. DELTACORP 7. HINDCOPPER 8. INDIACEM 9. INDUSTOWER 10. METROPOLIS 11. NATIONALUM 12. PEL 13 . POLYCAB 14. PVRINOX 15. ZEEL*
*ADDITION : ABFRL, ASHOKLEY, NATIONALUM*
*DELETION : BHEL, ESCORTS, SAIL*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-JAN-2024 :
*FIIS : BUY +656 (12,212-11,556)* 😊
*DIIS : SELL -369 (10,126-10,495)* ☺️
*BSE SENSEX : -199 (73,129)🔽*
*NSE NIFTY : -65 (22,032)🔽*
*BSE MIDCAP. : -120 (38,009)*🔽
*BSE SMLCAP. : -191 (44,361)*🔽
*B. CRUDE : $ 78.10* 🔼 😩
*GOLD: $ 2,039=INR 63,000(10gr)*🔽☺️
*SILVER : RS. 76,800 (kg)(5pm)*🔽☺️
*FOREX : RS. $ 83.07 🔽 😩*
*7.18% GOI '33: 7.1460%(100.2250)🔽🙂*
*7.18% GOI '37: 7.2519% (99.3850)🔽🙂*
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -3582* 😥
*INDEX FUT. : -134*
*INDEX OPT. : -2461*
*STOCK FUT. : -1166*
*STOCK OPT. : +180*
SEC. IN F&O BAN FOR, 17-JAN-24 :
*1. ABFRL 2. ASHOKLEY 3. BANDHANBNK 4. BIOCON 5. CHAMBLFERT 6. DELTACORP 7. HINDCOPPER 8. INDIACEM 9. INDUSTOWER 10. METROPOLIS 11. NATIONALUM 12. PEL 13 . POLYCAB 14. PVRINOX 15. ZEEL*
*ADDITION : ABFRL, ASHOKLEY, NATIONALUM*
*DELETION : BHEL, ESCORTS, SAIL*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-JAN-2024 :
*FIIS : BUY +656 (12,212-11,556)* 😊
*DIIS : SELL -369 (10,126-10,495)* ☺️
*BSE SENSEX : -199 (73,129)🔽*
*NSE NIFTY : -65 (22,032)🔽*
*BSE MIDCAP. : -120 (38,009)*🔽
*BSE SMLCAP. : -191 (44,361)*🔽
*B. CRUDE : $ 78.10* 🔼 😩
*GOLD: $ 2,039=INR 63,000(10gr)*🔽☺️
*SILVER : RS. 76,800 (kg)(5pm)*🔽☺️
*FOREX : RS. $ 83.07 🔽 😩*
*7.18% GOI '33: 7.1460%(100.2250)🔽🙂*
*7.18% GOI '37: 7.2519% (99.3850)🔽🙂*