HPCL: CO DECLARED 15 RUPEES DIVIDEND PER SHARE

Coal India, Reliance Industries, Adani Enterprises, BHEL, Gail, IOCL, NLC India

Cabinet approved the scheme for the promotion of coal gasification projects with an outlay of Rs 8,500 crore. Incentives for coal gasification projects to be implemented under 3 categories.

25/1/2024
BSE:-359(70700)
NSE:-101(21352)
MID:-137(37746)
SML:+239(44363)
*FII|FPI:-2144Cr*
*DII:+3474Cr*
B.Crude: 81
Gold$:2016=INR: 61967
Silver: 71957
$/Rs: 83.12
7.18 : 2033 G-Sec: 7.17
NSE PE: 22.27
T.me/AlliesFin

Innovations 🤝 @AlliesFin

Every Trader Should Learn from Nitish Kumar that How to play from both sides...

मतलब चार्ट बदले तो आप भी बदल जाओ,

चाहे लॉन्ग करो या शार्ट,

बस पिच पर टिके रहो 😇

😂😂😂

Mkt. Updates :

@AlliesFin

GIFT Nifty +140 pts (21650) from last trade 21510 ,

Nikkei +401 pts ,
Hangseng +261 pts ,


Dow +60.30 pts ,Nsdq -55.13 pts, S&P
-3.19 pts , Bovespa +798 pts , Ftse +105 pts , Dax +54 pts , Cac +169 pts , Crude @ $78.97 brl (+0.96), Brent @ $84.50 brl (+0.95) , Gold @ 2025.80 (+8.50), Silver $23.065 (+0.19), Euro @ $1.0841, JPY @ $148.11, INR @ 83.115


US GOVT. 10-YR YIELD : 4.14%


*Today's Corporate Action, 29 Jan Ex Date :*
 
360ONE
Interim Dividend - Rs. - 4.5000
ACCELYA
Interim Dividend - Rs. - 25.0000
CROPSTER
E.G.M.     
GOACARBON
Interim Dividend - Rs. - 10.0000
HITKITGLO
E.G.M.     
INDINFO
Right Issue of Equity Shares 
MANGIND
Right Issue of Equity Shares 
PCBL
Interim Dividend - Rs. - 5.5000
SINCLAIR
Bonus issue 1:1  


*Today's Key Results/Board Meetings, 29-Jan-24 :*

ABSLAMC
Quarterly Results      
ADANIGREEN
Quarterly Results      
ADHIRAJ
General        
ADVANIHOTR
Bonus issue;Interim Dividend;Quarterly Results
AEPL
Quarterly Results      
AERPACE
Quarterly Results      
APOLLOPIPE
Quarterly Results      
ARISE
Quarterly Results      
ASIANENE
Quarterly Results      
ATALREAL
Right Issue of Equity Shares    
B2BSOFT
Quarterly Results      
BAJFINANCE
Quarterly Results;General    
BANSWRAS
Quarterly Results      
BEL
Interim Dividend;Quarterly Results  
BHAGERIA
Quarterly Results;General    
BITS
Quarterly Results      
BPCL
Quarterly Results      
CHEMOPH
Quarterly Results;General    
CSBBANK
Quarterly Results      
CSLFINANCE
Quarterly Results      
DOLATALGO
Interim Dividend;Quarterly Results  
GAIL
Interim Dividend;Quarterly Results  
GANESHBE
General        
GANGOTRI
Quarterly Results      
GARFIBRES
Buy Back of Shares;Quarterly Results  
GATEWAY
Interim Dividend;Quarterly Results  
GNRL
Quarterly Results;General    
GODFRYPHLP
Quarterly Results      
GVFILM
General        
HERITGFOOD
Quarterly Results;General    
HIGHSTREE
Increase in Authorised Capital;Preferential Issue of shares;Quarterly Results
ICIL
Quarterly Results      
ICL
Quarterly Results;General    
IDEA
Quarterly Results      
ITC
Interim Dividend;Quarterly Results  
JAINCO
General        
JINDRILL
Quarterly Results      
JK AGRI
Quarterly Results      
JPPOWER
Quarterly Results      
KAMDHENU
Quarterly Results;General    
LAFFANSQ
Quarterly Results      
LATENTVIEW
Quarterly Results      
LGBBROSLTD
Audited Results;Issue Of Warrants  
MADHAVIPL
Quarterly Results      
MAHEPC
Quarterly Results      
MAHLOG
Quarterly Results;General    
MAHSEAMLES
Quarterly Results      
MARICO
Quarterly Results      
MARUTISE
Quarterly Results      
MIDWEST
Quarterly Results;General    
MONGIPA
Quarterly Results      
MUDRA
Quarterly Results      
MUTHOOTMF
Quarterly Results      
NAM-INDIA
Quarterly Results      
NELCAST
Quarterly Results      
NITINSPIN
Quarterly Results      
NTPC
Interim Dividend;Quarterly Results  
NUVOCO
Quarterly Results      
OCTAVIUSPL
General        
ODYSSEY
Quarterly Results;General    
PANINDIAC
Quarterly Results      
PEL
Quarterly Results;General    
PETRONET
Quarterly Results      
PHCAP
Interim Dividend;Quarterly Results  
PNB
General        
QGO
Interim Dividend;Quarterly Results;General  
RAPICUT
Quarterly Results      
RBA
Quarterly Results      
RRKABEL
Quarterly Results      
SABOOSOD
Quarterly Results      
SAMYAKINT
Quarterly Results;General    
SCL
Increase in Authorised Capital;General  
SEATV
Quarterly Results      
SEPC
Right Issue of Equity Shares    
SERIND
Quarterly Results      
SKPSEC
Quarterly Results      
SMFIL
Quarterly Results      
SNOWMAN
Quarterly Results      
SSWRL
Quarterly Results      
STYLAMIND
Quarterly Results      
SURYAINDIA
Quarterly Results;General    

TATAINVEST
Quarterly Results      
TINNARUBR
Interim Dividend;Quarterly Results  
TITANIN
Quarterly Results      
TPHQ
Quarterly Results      
TRIVENIGQ
Quarterly Results;General    
UNJHAFOR
Quarterly Results      
UTIAMC
Quarterly Results;General    
VENUSPIPES
Quarterly Results      
VINCOFE
Quarterly Results      
VIVIDIND
Quarterly Results;General    
VOLTAMP
Quarterly Results      
WHITHAL
Quarterly Results      
XPROINDIA
Quarterly Results;General    
ZENLABS
Quarterly Results      
ZENOTECH
Quarterly Results      
ZIMLAB
Quarterly Results


*SEC. IN F&O BAN FOR, 29-Jan-24 :*

*NIL*

stock in News 🗞
@AlliesFin

👍Varun Beverages
Started commercial production of carbonated soft drinks, juices, preform and shrink-film at its production facility at Supa, Maharashtra.

👍Salasar Techno Engg
Forest Vincom Pvt. bought 21.86 lakh shares (0.69%) at Rs 119.36 apiece.

👍Maharashtra Seamless
Received 2 contracts worth Rs 116 cr from Indian Oil Corporation Ltd. for supply of seamless pipes.

👍RailTel Corp of India
SW Capital Private Ltd. bought 18.35 lakh shares (0.57%) at Rs 439.63 apiece.

👍HDFC Bank
Life Insurance Corp has received the Reserve Bank of India's nod for acquiring up to a 9.99% stake in HDFC Bank Ltd

👍DLF
The company acquires 29 acres land in Gurugram's Golf Course Extension for Rs. 825 crores

👍SJVN
The Company successfully bagged 100 MW Solar Project of GUVNL Phase XXI

🤙Shriram Finance
The company will consider raising of funds by way of issue of redeemable non-convertible debt securities including bonds in onshore/offshore market on private placement basis

👍Exide Industries Limited
The company has invested Rs. 50 crore by way of subscription in the equity share capital of its wholly owned subsidiary Exide Energy Solutions Limited

👍Karnataka Bank
The Board of Directors in its meeting have approved to raise balance Rs. 700 crores by way of preferential issue for an amount up to Rs. 100 crore and an amount aggregating up to Rs. 600 crores through, private placement, qualified institutions placement and/or any combination

🤙Piramal Enterprises Limited
The company has entered into share purchase agreement to sell its entire direct investment of 20% of the fully paid-up equity share capital held in Shriram Investment Holdings Private Limited to Shriram Ownership Trust for a consideration of Rs. 1,440 crores

👍Macrotech Developers Limited
The company has approved the proposal for enabling raising of funds up to Rs. 5000 crores by way of issuance of equity shares, eligible securities, other securities or instruments or any combination of securities, in one or more tranche or tranches

🤙Shyam Metallics and Energy Limited
NCLT Kolkata has approved the Scheme of Amalgamation of Platinum Minmet Private Limited with Shyam Sel and Power Limited, wholly owned subsidiary of the company

👍PVR INOX Limited
Opened 4 screen multiplex at Mittal Mall,Ajmer, Rajasthan.

👍IRB Infra
Arbitration tribunal grants award in favour of SPV in a case against NHAI, IRB Infra says the company will receive Rs. 1681 crores in compensation. IRB is also entitled to receive further interest from the date of the award till the date of realization of the compensation

👍Jubilant Pharmova
Company’s wholly owned subsidiary to sell its entire 25.8% stake in Sofie Biosciences Inc for aggregate proceeds of about $ 139.43 million

👍Subex
The company gets RBI's in-principle nod to set up Account Aggregator Services

👍Lemon Tree Hotels
The company announced its latest signing – Lemon Tree Hotel, Motihari, Bihar. The property, which will be franchised by Lemon Tree Hotels, is expected to open in FY25. 

👍INFOSYS:
APAC businesses expected to nearly triple spending on generative AI to $3.4bn in 2024: Infosys Research, Spending trails North America but adoption, effectiveness, and growth are among the highest globally

@AlliesFin

Everyone was waiting for HDFC Bank but reliance came out of syllabus...

🥹🥹
#crazybulls T.me/AlliesFin
😂😂

After weeks of negotiations following a non-binding pact with *Ambani’s Reliance Industries Ltd.* to merge their entertainment business, *Disney’s India* assets are valued at around $4.5 billion, less than the $10 billion the US entertainment giant has previously pursued.

The combined entity will be valued at as much as $11 billion, with Disney taking about a 40% stake. Reliance will have a 51% stake, with the rest held by James Murdoch's Lupa Systems LLC

According to Bloomberg report

T.me/AlliesFin

2 different data compiled by bloom.

T2t list @AlliesFinbot

@AlliesFin

*Budget 2024 Expectations: Here's what CareEdge predicts for India's economy*

Finance Minister Nirmala Sitharaman will unveil the Interim Budget for the financial year 2024-2025 (FY25) on February 1, 2024, which is likely to keep the focus on fiscal consolidation and nominal economic growth projection, according to credit ratings and analytics firm CareEdge.

Since 2024 is an election year, with Lok Sabha Elections expected in April-May, the finance minister will present an Interim Budget or a Vote on Account in February, rather than a comprehensive annual budget. After the formation of the new government, the new full Budget is expected in July this year.

Sitharaman's declaration that it will be a vote of account suggests that no significant policy announcements are likely expected in this interim budget. With the announcement of the election dates around mid-March, the model code of conduct (MCC) is expected to come into effect barring the government from announcing any policy decisions.

As a a Vote on Account is merely an interim authorisation to spend money, as opposed to a full Budget that includes details of expenditures and receipts, including tax changes and government policies, this time significant tax and policy changes are unlikely.

The upcoming pre-election interim budget occurs at a juncture when the overall economic landscape appears stable, which is underpinned by the easing of financial conditions, and robust macroeconomic data, according to CareEdge.

‘’The current budgeting exercise is also confronted by economic headwinds such as the deceleration in the global economy, pressures in the agriculture sector, and strains on the rural economy,'' said the credit ratings agency.

CareEdge expects the government to continue its focus on capital expenditure (capex) and fiscal consolidation in FY25. The analytics firm also predicts a slight fiscal deficit slippage this year on lower nominal growth.

Here are the five key highlights of Interim Budget 2024 expectations as predicted by CareEdge for next month.

*_1. Capex target likely to rise for FY25_*
CareEdge expects the government to stick to its capex target of ₹10 lakh crore in FY24 and raise it further by around 10 per cent to ₹11 lakh crore in FY25. The capex to total expenditure ratio is expected to inch up marginally to around 23 per cent in FY25, according to the firm. The government has been focussing on public infrastructure to drive capex growth.

*_2. Focus on fiscal consolidation to continue_*
Adhering to its glide path to attain a fiscal deficit of 4.5 per cent by FY26, the projected fiscal deficit for FY25 is set at 5.3 per cent of the gross domestic product (GDP). CareEdge anticipates a nominal GDP growth of 10.7 per cent in FY25, coupled with a tax buoyancy of 1.2.

‘’In FY25, the total expenditure is expected to rise by six per cent, primarily fuelled by a 10 per cent increase in capital expenditure, complemented by a more modest five per cent growth in revenue expenditure,'' said the credit rating agency.

*_3. Low nominal growth may result in fiscal deficit slippage_*
The projection for nominal GDP growth indicates a slowdown from the budgeted 10.5 per cent YoY of the previous year to 8.9 per cent, as per the first advanced estimate. This deceleration is primarily attributed to deflation in the whole price index.

‘’Consequently, a slight slippage of 10 basis points, when viewed as a proportion of nominal GDP, is anticipated. This adjustment prompts a revision in our FY24 fiscal deficit projection to six per cent of GDP,'' said CareEdge.

*_4. Gross tax collection to exceed budgeted amount_*
According to data from the Comptroller and Auditor General (CAG) for the April-November period, direct tax collections have surged at a rate of 24.8 per cent YoY, significantly outpacing the full-year budgeted growth of 10.5 per cent.

In contrast, the gross indirect tax collections recorded a more modest growth of 5.1 per cent YoY during the same period, falling short of the full-year budgeted growth of 10.5 per cent. However, driven by the strong performance of the direct taxes, CareEdge expects the gross tax collection to rise by 11.9 per cent, higher than the budgeted growth of 10.4 per cent, exceeding the budgeted amount by about ₹45,000 crore.

‘’While indirect taxes are anticipated to fall short by approximately ₹49,000 crore in FY24 from the budgeted amount, the direct tax collections are expected to surpass the budgeted value approximately by a significant ₹94,000 crore, reflecting the strong performance of direct tax components,'' said CareEdge.

*_5. Revenue expenditure to exceed budgeted value_*
While the government is expected to meet its capital expenditure target of ₹10 lakh crore, CareEdge projects some slippages in the revenue expenditure to the tune of about ₹73,400 crore. Last month, the government approved the first supplementary demand for grants, amounting to Rs. 1.29 lakh crore.

Taking into consideration the savings from another scheme worth ₹70,900 crore, the net additional outlay would be ₹58,400 crore. The additional funds were directed toward food subsidies, fuel subsidies, fertilizer subsidies, and Mahatma Gandhi National Rural Employment Guarantee Act (MNREGA).

‘’Given that the actual expenditure on the MNREGA has already surpassed the budgeted allocation, and with persistent high subsidy spending, particularly on fertilizers, we anticipate an additional requirement of funds for expenditure,'' said the credit ratings agency.

T.me/AlliesFin

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 29-01-2024 :

T.me/AlliesFin

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

*TOTAL NET SELL : -13474* 😭

*INDEX FUT. : +1137*

*INDEX OPT. : -22777*

*STOCK FUT. : +8144*

*STOCK OPT. : +21*

INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 29-JAN-2024 :

*FIIS : BUY +110 (19,030-18,920)* 🙂

*DIIS : BUY +3,221 (14,592-11,371)* 😃

*BSE SENSEX : +1241 (71,941)🔼*

*NSE NIFTY : +385 (21,738)🔼*

*BSE MIDCAP. : +634 (38,380)*🔼

*BSE SMLCAP. : +456 (44,819)*🔼

*B. CRUDE : $ 82.00* 🔼 😥

*GOLD: $ 2,025=INR 62,270(10gr)*↔️😳

*SILVER : RS. 76,500 (kg)(5pm)*🔼🙂

*FOREX : RS. $ 83.14 🔽 ☺️*

*7.18% GOI '33: 7.1735%(100.04)🔽🙂*

*7.18% GOI '37: 7.2514% (99.39)🔽🙂*

*GIFT Nifty +💯 pts (21975) from last trade 21875 ,*


Nikkei +144 pts ,
Hangseng -181 pts ,
Now @6.52am .


Dow +224.02 pts ,Nsdq +172.68 pts, S&P
+36.96 pts , Bovespa -464 pts , Ftse -2 pts , Dax -19 pts , Cac +6 pts , Crude @ $76.94 brl (+0.16), Brent @ $82.46 brl (-1.09) , Gold @ 2029.20 (+3.80), Silver $23.315 (+0.06), Euro @ $1.0836, JPY @ $147.38, INR @ 83.135





*Today's Corporate Action*
*30th Jan Ex Date*


 
GOTHIPL
Interim Dividend - Rs. - 2.0000
KANANIIND
Bonus issue 1:1  
NAGREEKEXP
Right Issue of Equity Shares 
PERSISTENT
Interim Dividend - Rs. - 32.0000
PGINVIT
Income Distribution (InvIT) 
SIEMENS
Final Dividend - Rs. - 10.0000





*Today's Key Results/Board Meetings*
*30-Jan-24*


ACGL
Interim Dividend;Quarterly Results  
ADFFOODS
Quarterly Results      
AKSHAR
Quarterly Results      
AKSHARCHEM
Quarterly Results      
APARINDS
Quarterly Results      
ARVIND
Quarterly Results      
ASAHISONG
Quarterly Results      
ASHISHPO
Quarterly Results      
ASIANTILES
Quarterly Results      
ASITCFIN
General        
ASTRAL
Quarterly Results      
ATGL
Quarterly Results      
AVL
Preferential Issue of shares;General  
BAJAJFINSV
Quarterly Results      
BAJAJHLDNG
Quarterly Results      
BANASFN
Quarterly Results      
BHARATGEAR
Quarterly Results      
BLUESTARCO
Quarterly Results      
CHENFERRO
Quarterly Results      
CHEVIOT
Quarterly Results;General    
CITADEL
Quarterly Results      
COCHINSHIP
Interim Dividend;Quarterly Results  
COMPUSOFT
General;Quarterly Results    
COROMANDEL
Quarterly Results      
DLTNCBL
Quarterly Results      
DRREDDY
Quarterly Results      
DWARKESH
Quarterly Results      
EARUM
Issue Of Warrants;Preferential Issue of shares
EPSOMPRO
Quarterly Results      
GILLETTE
Interim Dividend;Quarterly Results  
GITARENEW
Quarterly Results      
GPTINFRA
Interim Dividend;Quarterly Results  
HEADSUP
Quarterly Results      
IMFA
Quarterly Results      
INVIGO
Quarterly Results      
INVPRECQ
Quarterly Results;General    
ISHWATR
Quarterly Results      
JBMA
General;Quarterly Results    
JCHAC
Quarterly Results      
JINDHOT
Quarterly Results      
JKIL
Quarterly Results      
JPASSOCIAT
General;Quarterly Results    
JUBLINGREA
Interim Dividend;Quarterly Results  
JUMBO
Quarterly Results      
KANELIND
Quarterly Results      
KAYA
Quarterly Results      
KAYNES
Quarterly Results      
KEC
Quarterly Results      
KIRANSY-B
Quarterly Results      
KKFIN
Quarterly Results      
KPITTECH
Interim Dividend;Quarterly Results  
LT
Quarterly Results      
M&MFIN
Quarterly Results      
MAXIMUS
Preferential Issue of shares    
MIDEASTP
Quarterly Results;General    
MKPL
Bonus issue;Increase in Authorised Capital;Quarterly Results
MOL
Quarterly Results      
MRCAGRO
Increase in Authorised Capital    
NATPLASTI
Quarterly Results      
NDTV
Quarterly Results      
OKPLA
Stock  Split      
PANABYTE
Quarterly Results      
PDMJEPAPER
Quarterly Results      
PFLINFOTC
Quarterly Results      
PIONAGR
Quarterly Results      
PODDARHOUS
Quarterly Results      
POLICYBZR
General;Quarterly Results    
PPLPHARMA
Quarterly Results      
RBL
Quarterly Results      
REMIEDEL
Quarterly Results;General    
RUSTOMJEE
General;Quarterly Results    
SADHNANIQ
Quarterly Results      
SAINTGOBAIN
Quarterly Results      
SCANSTL
Quarterly Results      
SHANTIGEAR
Interim Dividend;Quarterly Results  
SHREEPAC
Quarterly Results;General    
SHYAMMETL
Quarterly Results      
SIS
Quarterly Results      
SRF
Interim Dividend;Quarterly Results;General  
SRIMT
Quarterly Results      
STAR
Quarterly Results      
STARHEALTH
Quarterly Results      
SUBROS
Quarterly Results      
SUKHJITS
Quarterly Results      
SURBHIN
Quarterly Results      
SUVEN

Quarterly Results;General    
SYMPHONY
Interim Dividend;Quarterly Results  
TEAMLEASE
Quarterly Results      
TEXINFRA
Quarterly Results;General    
TOKYOFIN
Quarterly Results      
TOKYOPLAST
Quarterly Results      
TRIMURTHI
General;Quarterly Results    
TRIVENI
Interim Dividend;Quarterly Results  
URJA
Quarterly Results      
VAIBHAVGBL
Interim Dividend;Quarterly Results  
VENMAX
Quarterly Results      
VERITAS
Quarterly Results;General    
VIPIND
Interim Dividend;Quarterly Results  
VOLTAS
Quarterly Results      
YASHRAJC
Quarterly Results;General    
ZFCVINDIA
Quarterly Results  





*Stock under F&O ban on NSE*
*30-Jan-24*


None