India - Clean Energy - 10 to 20x Investments Potential after 2030 - Huge Scaling & Investments
Potential Size of RE Power & Investments for India can be undestood from China play
China Playbook will be followed post 2030
- China adding 300 GW every year
- Investments of USD 900 Bn
They say these are still not enough and China needs to do much better to reduce Emissions
India hardly doing anything in terms of scale but its now the high time to grow and inorder to capture major share of Green H2 Exports
Renewables Scale for India would likely be headed this way / atleast 50% of it
China+1 growth story cant be achieved if India doesnt scale up Climate Friendly initiatives.
Huge Huge Growth story ahead... Focus is clean.
Potential Size of RE Power & Investments for India can be undestood from China play
China Playbook will be followed post 2030
- China adding 300 GW every year
- Investments of USD 900 Bn
They say these are still not enough and China needs to do much better to reduce Emissions
India hardly doing anything in terms of scale but its now the high time to grow and inorder to capture major share of Green H2 Exports
Renewables Scale for India would likely be headed this way / atleast 50% of it
China+1 growth story cant be achieved if India doesnt scale up Climate Friendly initiatives.
Huge Huge Growth story ahead... Focus is clean.
๐1
*News Headlines from Business News Agencies :*
*Business Standard :*
๐ India's incremental demand to equal UK's current power consumption in 3 yrs
๐ Axis Bank willing to work with Paytm if RBI permits: Amitabh Chaudhry
๐ SC issues notice to central govt on GST
anti-profiteering provisions
๐ Maruti Suzuki ventures into electric air copters
๐ PLI scheme's progress slows in key sectors, affecting manufacturing goals
๐ Blinkit introduces 'Single Mode' for solo shoppers ahead of Valentine's Day
๐ Cash-strapped SpiceJet to lay off 1,400 employees as cost-cutting measure
๐ HAL Q3 results: Profit rises 9% to Rs 1,261 cr on high aircraft demand
๐ Sebi ups scrutiny of issue documents amid a rise in IPO in market: Reports
๐ Vedanta's demerger process to be completed in next 9-12 months: Official
๐ UPI payments launched in Sri Lanka, Mauritius to boost economic ties
๐ India's role pivotal in promoting digital public infra, says RBI Guv
๐ RBI to meet NHAI, NPCI to discuss rescue plan for Paytm PB users: Report
*Economic Times :*
๐ Expect rural growth to initiate from Q1 or H1 of next fiscal: NH Bhansali, Emami
๐ Bug crowd raises $102 million from General Catalyst, others
๐ NHPC Q3 net profit falls by 19pc to Rs 628 crore
๐ Oyo approaches SEBI to expedite IPO approval
๐ BPCL plans an oil trading desk in Singapore, Dubai
๐ Tata Motors ties up with Lead IT for greener future
๐ Entero Healthcare is going to expand more into tier II, tier III cities now
๐ Won't be any steep increase in prices in this quarter: Arun Shukla, JK Lakshmi Cement
๐ Hero Future Energies eyeing green hydrogen opportunities
๐ SC sets aside HC order, says IOC & ArcelorMittal Nippon Steel to resolve dispute through arbitration
๐ Electric two wheelers' sales jump despite cut in FAME subsidy
๐ Google pledges $27 million to boost AI skills in Europe
*Mint :*
๐ US judge orders Elon Musk to testify in SECโs Twitter probe
๐ Union ministries have used up only 68% of revised budgetary allocation for FY24
๐ MNRE brings back ALMM for solar modules; to be in effect from 1 April 2024
๐ Unilever CEO pursuing strategic shift with Peltz's backing
๐ Sachin Bansal's Navi Finserv to raise Rs 600 crore through NCDs
๐ Nvidia CEO Jensen Huang says countries must build sovereign AI infrastructure
๐ Manufacturing sentiment remains upbeat in Q3 and Q4FY24: FICCI
๐ Expect good return opportunity from solar module: Dr Praveer Sinha, Tata Power
๐ India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch
๐ Disney, Reliance merger discussions reach last lap as Feb 17 exclusivity deadline draws near
๐ AI to speed up Indiaโs growth on road to 2047: Microsoft CEO Satya Nadella
*Business Standard :*
๐ India's incremental demand to equal UK's current power consumption in 3 yrs
๐ Axis Bank willing to work with Paytm if RBI permits: Amitabh Chaudhry
๐ SC issues notice to central govt on GST
anti-profiteering provisions
๐ Maruti Suzuki ventures into electric air copters
๐ PLI scheme's progress slows in key sectors, affecting manufacturing goals
๐ Blinkit introduces 'Single Mode' for solo shoppers ahead of Valentine's Day
๐ Cash-strapped SpiceJet to lay off 1,400 employees as cost-cutting measure
๐ HAL Q3 results: Profit rises 9% to Rs 1,261 cr on high aircraft demand
๐ Sebi ups scrutiny of issue documents amid a rise in IPO in market: Reports
๐ Vedanta's demerger process to be completed in next 9-12 months: Official
๐ UPI payments launched in Sri Lanka, Mauritius to boost economic ties
๐ India's role pivotal in promoting digital public infra, says RBI Guv
๐ RBI to meet NHAI, NPCI to discuss rescue plan for Paytm PB users: Report
*Economic Times :*
๐ Expect rural growth to initiate from Q1 or H1 of next fiscal: NH Bhansali, Emami
๐ Bug crowd raises $102 million from General Catalyst, others
๐ NHPC Q3 net profit falls by 19pc to Rs 628 crore
๐ Oyo approaches SEBI to expedite IPO approval
๐ BPCL plans an oil trading desk in Singapore, Dubai
๐ Tata Motors ties up with Lead IT for greener future
๐ Entero Healthcare is going to expand more into tier II, tier III cities now
๐ Won't be any steep increase in prices in this quarter: Arun Shukla, JK Lakshmi Cement
๐ Hero Future Energies eyeing green hydrogen opportunities
๐ SC sets aside HC order, says IOC & ArcelorMittal Nippon Steel to resolve dispute through arbitration
๐ Electric two wheelers' sales jump despite cut in FAME subsidy
๐ Google pledges $27 million to boost AI skills in Europe
*Mint :*
๐ US judge orders Elon Musk to testify in SECโs Twitter probe
๐ Union ministries have used up only 68% of revised budgetary allocation for FY24
๐ MNRE brings back ALMM for solar modules; to be in effect from 1 April 2024
๐ Unilever CEO pursuing strategic shift with Peltz's backing
๐ Sachin Bansal's Navi Finserv to raise Rs 600 crore through NCDs
๐ Nvidia CEO Jensen Huang says countries must build sovereign AI infrastructure
๐ Manufacturing sentiment remains upbeat in Q3 and Q4FY24: FICCI
๐ Expect good return opportunity from solar module: Dr Praveer Sinha, Tata Power
๐ India's petroleum products demand to increase mid-single-digit percentage in 2023-24: Fitch
๐ Disney, Reliance merger discussions reach last lap as Feb 17 exclusivity deadline draws near
๐ AI to speed up Indiaโs growth on road to 2047: Microsoft CEO Satya Nadella
๐ฎ๐ณIndia Daybook Stocks in News
T.me/AlliesFin
*Coal India:* Net Profit at Rs 9094.0 crore versus poll Rs 7719.0 crore, Revenues at Rs 36153.0 crore versus poll Rs 35762.0 crore (Positive)
*GPPL*: Net Profit at Rs 110 crore versus net Rs 79.3 crore, Revenue at Rs 269 crore versus Rs 250 crore (YoY) (Positive)
*Skipper*: Net Profit at Rs 17.8 crore versus Rs 7.1 crore, Revenue at Rs 801 crore versus Rs 444 crore (YoY) (Positive)
*Optiemus Infra*: Net Profit at Rs 17.9 crore versus Rs 12.5 crore, Revenue at Rs 481.0 crore versus Rs 327.0 crore (YoY) (Positive)
*Taparia Tools*: Net Profit at Rs 28.2 crore versus Rs 19.3 crore, Revenue at Rs 208.0 crore versus Rs 193.0 crore (YoY) (Positive)
*Mazdock*: Net Profit at Rs 24.1 crore versus Rs 9.3 crore, Revenues at Rs 60.0 crore versus Rs 37.0 crore (YoY) (Positive)
*SAIL*: Net Profit at Rs 423 crore versus poll Rs 366 crore, Revenues at Rs 23349 crore versus poll Rs 25880 crore (Positive)
*Phoenix Mills*: Net Profit at Rs 279 crore versus Rs 176 crore, Revenues at Rs 986.0 crore versus Rs 684.0 crore (YoY) (Positive)
*JM Fin*: Net Profit at Rs 278 crore versus Rs 190 crore, Revenue at Rs 1236 crore versus Rs 488 crore (YoY) (Positive)
*GE T&D*: Net Profit at Rs 4.9 crore versus Rs 0.7 crore, Revenue at Rs 83.9 crore versus Rs 77.7 crore (YoY) (Positive)
*BLS*: Net Profit at Rs 87.2 crore versus Rs 45.8 crore, Revenue at Rs 438 crore versus Rs 438 crore (YoY) (Positive)
*Captain Poly*: Net Profit at Rs 4.95 crore versus Rs 2.70 crore, Revenue at Rs 83 crore versus Rs 72 crore (YoY) (Positive)
*Sansera*: Net Profit at Rs 48.3 crore versus Rs 38.2 crore, Revenue at Rs 712 crore versus Rs 560 crore (YoY) (Positive)
*E-Mart*: Net Profit at Rs 45.7 crore versus Rs 21.9 crore, Revenue at Rs 178 crore versus Rs 148 crore (YoY) (Positive)
*JSW Energy:* Company unit gets LoA for 500 MW wind capacity by Solar Energy Corporation (Positive)
*Lemon Tree Hotels:* Company signs license agreement for 50 rooms hotel in Telangana (Positive)
*M&M FIn:* Company and IBM collaborated for financial inclusion with the Super App (Positive)
*Hindalco:* Novelis has recorded net income at $121 million for the quarter ended December FY24, growing 10-fold over $12 million in the year-ago period (Positive)
*Aurionpro Solutions:* Company seeks to raise up to โน200 crore via issue of 9.02 lakh shares at โน2,215/share via preferential allotment. (Positive)
*DBL:* Net Profit at Rs 107 crore versus Rs 100 crore, Revenue at Rs 2877 crore versus Rs 2300 crore (YoY) (Neutral)
*Glaxo Pharma*: Net Profit at Rs 45.7 crore versus Rs 107 crore, Revenue at Rs 805 crore versus Rs 800 crore (YoY) (Neutral)
*Kirloskar Oil*: Net Profit at Rs 89.8 crore versus Rs 88.2 crore, Revenue at Rs 139 crore versus Rs 122 crore (YOY) (Neutral)
*Manakshia Steel*: Net Profit at Rs 4.8 crore versus Rs 2.8 crore, Revenue at Rs 134 crore versus Rs 156 crore (YoY) (Neutral)
*Lakshmi Machine*: Net Profit at Rs 96.6 crore versus Rs 105 crore, Revenue at Rs 1166 crore versus Rs 1176 crore (YoY) (Neutral)
*Royal Orchid:* Net Profit at Rs 15.6 cr vs Rs 15.3 cr, Revenue at Rs 81.9 cr vs Rs 82.5 cr (YoY) (Neutral)
*Tilaknagar Ind*: Net Profit at Rs 43.8 crore versus Rs 75.9 crore, Revenue at Rs 376 crore versus Rs 303 crore (YoY)
*GR Infra*: Net Profit down 24.9% at โน242.8 cr vs โน323.3 cr, Revenue down 2.6% at โน2,134.1 cr vs โน2,191.9 cr (YoY) (Neutral)
*HEG:* Net Profit at Rs 37.0 cr vs Rs 102.0 cr, Revenue at Rs 560 cr vs Rs 530 cr (YoY)
*Zee Media:* Net loss of โน35.9 cr vs loss of โน19.2 cr, Revenue down 2.3% at โน167.3 cr vs โน171.2 cr (YoY)
T.me/AlliesFin
*Coal India:* Net Profit at Rs 9094.0 crore versus poll Rs 7719.0 crore, Revenues at Rs 36153.0 crore versus poll Rs 35762.0 crore (Positive)
*GPPL*: Net Profit at Rs 110 crore versus net Rs 79.3 crore, Revenue at Rs 269 crore versus Rs 250 crore (YoY) (Positive)
*Skipper*: Net Profit at Rs 17.8 crore versus Rs 7.1 crore, Revenue at Rs 801 crore versus Rs 444 crore (YoY) (Positive)
*Optiemus Infra*: Net Profit at Rs 17.9 crore versus Rs 12.5 crore, Revenue at Rs 481.0 crore versus Rs 327.0 crore (YoY) (Positive)
*Taparia Tools*: Net Profit at Rs 28.2 crore versus Rs 19.3 crore, Revenue at Rs 208.0 crore versus Rs 193.0 crore (YoY) (Positive)
*Mazdock*: Net Profit at Rs 24.1 crore versus Rs 9.3 crore, Revenues at Rs 60.0 crore versus Rs 37.0 crore (YoY) (Positive)
*SAIL*: Net Profit at Rs 423 crore versus poll Rs 366 crore, Revenues at Rs 23349 crore versus poll Rs 25880 crore (Positive)
*Phoenix Mills*: Net Profit at Rs 279 crore versus Rs 176 crore, Revenues at Rs 986.0 crore versus Rs 684.0 crore (YoY) (Positive)
*JM Fin*: Net Profit at Rs 278 crore versus Rs 190 crore, Revenue at Rs 1236 crore versus Rs 488 crore (YoY) (Positive)
*GE T&D*: Net Profit at Rs 4.9 crore versus Rs 0.7 crore, Revenue at Rs 83.9 crore versus Rs 77.7 crore (YoY) (Positive)
*BLS*: Net Profit at Rs 87.2 crore versus Rs 45.8 crore, Revenue at Rs 438 crore versus Rs 438 crore (YoY) (Positive)
*Captain Poly*: Net Profit at Rs 4.95 crore versus Rs 2.70 crore, Revenue at Rs 83 crore versus Rs 72 crore (YoY) (Positive)
*Sansera*: Net Profit at Rs 48.3 crore versus Rs 38.2 crore, Revenue at Rs 712 crore versus Rs 560 crore (YoY) (Positive)
*E-Mart*: Net Profit at Rs 45.7 crore versus Rs 21.9 crore, Revenue at Rs 178 crore versus Rs 148 crore (YoY) (Positive)
*JSW Energy:* Company unit gets LoA for 500 MW wind capacity by Solar Energy Corporation (Positive)
*Lemon Tree Hotels:* Company signs license agreement for 50 rooms hotel in Telangana (Positive)
*M&M FIn:* Company and IBM collaborated for financial inclusion with the Super App (Positive)
*Hindalco:* Novelis has recorded net income at $121 million for the quarter ended December FY24, growing 10-fold over $12 million in the year-ago period (Positive)
*Aurionpro Solutions:* Company seeks to raise up to โน200 crore via issue of 9.02 lakh shares at โน2,215/share via preferential allotment. (Positive)
*DBL:* Net Profit at Rs 107 crore versus Rs 100 crore, Revenue at Rs 2877 crore versus Rs 2300 crore (YoY) (Neutral)
*Glaxo Pharma*: Net Profit at Rs 45.7 crore versus Rs 107 crore, Revenue at Rs 805 crore versus Rs 800 crore (YoY) (Neutral)
*Kirloskar Oil*: Net Profit at Rs 89.8 crore versus Rs 88.2 crore, Revenue at Rs 139 crore versus Rs 122 crore (YOY) (Neutral)
*Manakshia Steel*: Net Profit at Rs 4.8 crore versus Rs 2.8 crore, Revenue at Rs 134 crore versus Rs 156 crore (YoY) (Neutral)
*Lakshmi Machine*: Net Profit at Rs 96.6 crore versus Rs 105 crore, Revenue at Rs 1166 crore versus Rs 1176 crore (YoY) (Neutral)
*Royal Orchid:* Net Profit at Rs 15.6 cr vs Rs 15.3 cr, Revenue at Rs 81.9 cr vs Rs 82.5 cr (YoY) (Neutral)
*Tilaknagar Ind*: Net Profit at Rs 43.8 crore versus Rs 75.9 crore, Revenue at Rs 376 crore versus Rs 303 crore (YoY)
*GR Infra*: Net Profit down 24.9% at โน242.8 cr vs โน323.3 cr, Revenue down 2.6% at โน2,134.1 cr vs โน2,191.9 cr (YoY) (Neutral)
*HEG:* Net Profit at Rs 37.0 cr vs Rs 102.0 cr, Revenue at Rs 560 cr vs Rs 530 cr (YoY)
*Zee Media:* Net loss of โน35.9 cr vs loss of โน19.2 cr, Revenue down 2.3% at โน167.3 cr vs โน171.2 cr (YoY)
๐1
@AlliesFin
Nifty Cmp 21744
RIL Cmp 2950 becomes first Indian company to hit market cap of 20 lakh cr
T.me/AlliesFin
Nifty Cmp 21744
RIL Cmp 2950 becomes first Indian company to hit market cap of 20 lakh cr
T.me/AlliesFin
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๐1
14/2/2024
BSE:+267(71822)
NSE:+96(21840)
MID:+490(39255)
SML:+512(44796)
FII|FPI:-3929Cr
DII:+2897Cr
B.Crude: 82
Gold$:1990=INR: 61260
Silver: 69360
$/Rs: 83.03
7.18 : 2033 G-Sec: 7.11
NSE PE: 22.59
T.me/AlliesFin
BSE:+267(71822)
NSE:+96(21840)
MID:+490(39255)
SML:+512(44796)
FII|FPI:-3929Cr
DII:+2897Cr
B.Crude: 82
Gold$:1990=INR: 61260
Silver: 69360
$/Rs: 83.03
7.18 : 2033 G-Sec: 7.11
NSE PE: 22.59
T.me/AlliesFin
๐1
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 14-02-2024 :
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +40799* ๐๐
*INDEX FUT. : -87*
*INDEX OPT. : +40819*
*STOCK FUT. : -644*
*STOCK OPT. : +712*
SEC. IN F&O BAN FOR, 15.02.2024 :
*1. ABFRL 2. ASHOKLEY 3. AUROPHARMA 4. BALRAMCHIN 5. BANDHANBNK 6. BIOCON 7. DELTACORP 8. HINDCOPPER 9. INDIACEM 10. INDUSTOWER 11. NATIONALUM 12. PNB 13. SAIL 14. ZEEL*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 14-FEB-2024 :
*FIIS : SELL -3,929 (18,323-22,252)* ๐ฅ
*DIIS : BUY +2,898 (12,110-9,212)* ๐
*BSE SENSEX : +268 (71,823)๐ผ*
*NSE NIFTY : +97 (21,840)๐ผ*
*BSE MIDCAP. +490 (39,256)*๐ผ
*BSE SMLCAP. : +512 (44,796)*๐ผ
*B. CRUDE : $ 83.09* ๐ผ๐ฉ
*GOLD: $ 1,988=INR 60,500(10gr)*๐ฝ๐ฅ
*SILVER : RS. 74000 (kg)(5pm)*๐ฝ๐ญ
*FOREX : RS. $ 82.51 โ๏ธ ๐ณ*
*7.18% GOI '33: 7.1110%(100.47)๐ผโบ๏ธ*
*7.18% GOI '37: 7.1570% (100.19)๐ผโบ๏ธ*
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +40799* ๐๐
*INDEX FUT. : -87*
*INDEX OPT. : +40819*
*STOCK FUT. : -644*
*STOCK OPT. : +712*
SEC. IN F&O BAN FOR, 15.02.2024 :
*1. ABFRL 2. ASHOKLEY 3. AUROPHARMA 4. BALRAMCHIN 5. BANDHANBNK 6. BIOCON 7. DELTACORP 8. HINDCOPPER 9. INDIACEM 10. INDUSTOWER 11. NATIONALUM 12. PNB 13. SAIL 14. ZEEL*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 14-FEB-2024 :
*FIIS : SELL -3,929 (18,323-22,252)* ๐ฅ
*DIIS : BUY +2,898 (12,110-9,212)* ๐
*BSE SENSEX : +268 (71,823)๐ผ*
*NSE NIFTY : +97 (21,840)๐ผ*
*BSE MIDCAP. +490 (39,256)*๐ผ
*BSE SMLCAP. : +512 (44,796)*๐ผ
*B. CRUDE : $ 83.09* ๐ผ๐ฉ
*GOLD: $ 1,988=INR 60,500(10gr)*๐ฝ๐ฅ
*SILVER : RS. 74000 (kg)(5pm)*๐ฝ๐ญ
*FOREX : RS. $ 82.51 โ๏ธ ๐ณ*
*7.18% GOI '33: 7.1110%(100.47)๐ผโบ๏ธ*
*7.18% GOI '37: 7.1570% (100.19)๐ผโบ๏ธ*
๐1
*News Headlines from Business News Agencies :*
*Business Standard :*
๐ Sebi warns investors against 'unscrupulous entities' promising high returns
๐ Passenger vehicles wholesales grow 14% in Jan, retail catches up
๐ Credit platform Yubi announces partnership with Axis Bank, Muthoot Microfin
๐ Hinduja nears Rs 4,000 cr borrowing deal for Reliance Capital acquisition
๐ Luxury housing sales in India jumped 75% in 2023, threefold in Delhi: CBRE
๐ Wholesale inflation eases to 0.27% in January, food inflation at 3.79%
๐ Adani Green starts generating power at Khavda renewable power plant
๐ Agilus Diagnostics to withdraw DRHP filed with market regulator Sebi
๐ Zee Entertainment accuses Star of breaching ICC TV deal, seeks Rs 68.54 cr
๐ Oyo likely to withdraw IPO papers, may opt for private fundraise: Report
๐ American retail major Walmart sourcing from India hits $30 bn in 20 years.
*Economic Times :*
๐ Sony and Honda EV venture to roll out three models before 2030
๐ FPIs' investment value rises 13% to $738 bn in Dec quarter
๐ Warehousing & logistics sector leasing increase to 21% in 2023
๐ ED seeks overseas transaction details from Paytm Payments Bank
๐ EKI Energy Services sets up biomass briquettes manufacturing plant in Maharashtra
๐ Coca-Cola to increase capacity in India after โrobust growthโ
๐ Tata Power Renewable, Tata Comm ink Rs 105 cr pact to set up captive solar project
๐ Novelis may take bridge loans for higher capex, says Hindalco MD
๐ Explurger raises $4.5 million in funding round led by Affle
๐ India office market holds potential to increase REIT market size over 6 times, ICRA
๐ Airtel waives off first right of refusal for TCIL's stake in Bharti Hexacom
๐ NDR InvIT Trust raises Rs 880 crore via private placement
*Mint :*
๐ SC suggests expert panel to explore restart of Vedanta's Sterlite Copper
๐ IndiGo signs financing pact with BOC Aviation for 4 Airbus A320NEO aircraft
๐ Visa, Mastercard stop business payments via commercial cards post RBI instructions
๐ Godrej Properties forays into Hyderabad, acquires 12.5-acre land parcel
๐ FOPE urges pause on NPPA notice, citing potential losses for pharma industry
๐ Tech companies plan to sign accord to combat AI-generated election trickery
๐ Kabira Mobility to launch two electric bikes with India's 1st Al-Powertrain made by Foxconn
๐ Bank of America names Infosys US unit for over 57,000 users data leak
๐ Nvidia market cap threatens Alphabet after overtaking Amazon
๐ MoD signs contract worth Rs.1,752 cr with AWEIL for supply of remote control guns
๐ Audit of Rs 22.7K cr microloans due to large claim amount: Bandhan CEO
๐ Higher coal prices seen impacting steel industryโs growth plans
๐ CONCOR signs MoU with Container Company of Bangladesh
*Business Standard :*
๐ Sebi warns investors against 'unscrupulous entities' promising high returns
๐ Passenger vehicles wholesales grow 14% in Jan, retail catches up
๐ Credit platform Yubi announces partnership with Axis Bank, Muthoot Microfin
๐ Hinduja nears Rs 4,000 cr borrowing deal for Reliance Capital acquisition
๐ Luxury housing sales in India jumped 75% in 2023, threefold in Delhi: CBRE
๐ Wholesale inflation eases to 0.27% in January, food inflation at 3.79%
๐ Adani Green starts generating power at Khavda renewable power plant
๐ Agilus Diagnostics to withdraw DRHP filed with market regulator Sebi
๐ Zee Entertainment accuses Star of breaching ICC TV deal, seeks Rs 68.54 cr
๐ Oyo likely to withdraw IPO papers, may opt for private fundraise: Report
๐ American retail major Walmart sourcing from India hits $30 bn in 20 years.
*Economic Times :*
๐ Sony and Honda EV venture to roll out three models before 2030
๐ FPIs' investment value rises 13% to $738 bn in Dec quarter
๐ Warehousing & logistics sector leasing increase to 21% in 2023
๐ ED seeks overseas transaction details from Paytm Payments Bank
๐ EKI Energy Services sets up biomass briquettes manufacturing plant in Maharashtra
๐ Coca-Cola to increase capacity in India after โrobust growthโ
๐ Tata Power Renewable, Tata Comm ink Rs 105 cr pact to set up captive solar project
๐ Novelis may take bridge loans for higher capex, says Hindalco MD
๐ Explurger raises $4.5 million in funding round led by Affle
๐ India office market holds potential to increase REIT market size over 6 times, ICRA
๐ Airtel waives off first right of refusal for TCIL's stake in Bharti Hexacom
๐ NDR InvIT Trust raises Rs 880 crore via private placement
*Mint :*
๐ SC suggests expert panel to explore restart of Vedanta's Sterlite Copper
๐ IndiGo signs financing pact with BOC Aviation for 4 Airbus A320NEO aircraft
๐ Visa, Mastercard stop business payments via commercial cards post RBI instructions
๐ Godrej Properties forays into Hyderabad, acquires 12.5-acre land parcel
๐ FOPE urges pause on NPPA notice, citing potential losses for pharma industry
๐ Tech companies plan to sign accord to combat AI-generated election trickery
๐ Kabira Mobility to launch two electric bikes with India's 1st Al-Powertrain made by Foxconn
๐ Bank of America names Infosys US unit for over 57,000 users data leak
๐ Nvidia market cap threatens Alphabet after overtaking Amazon
๐ MoD signs contract worth Rs.1,752 cr with AWEIL for supply of remote control guns
๐ Audit of Rs 22.7K cr microloans due to large claim amount: Bandhan CEO
๐ Higher coal prices seen impacting steel industryโs growth plans
๐ CONCOR signs MoU with Container Company of Bangladesh
India Daybook Stocks in News
T.me/AlliesFin
*Ashapura Mine*: Net Profit at Rs 36.88 crore versus Rs 2.04 crore , Revenue at Rs 97.11 crore versus Rs 60.34 crore (YoY) (Positive)
*HPL Elect*: Net Profit at Rs 11.5 crore versus Rs 5.6 crore, Revenue at Rs 358 crore versus Rs 286 crore (YoY) (Positive)
*Jyoti CNC*: Net Profit at Rs 48.0 crore versus loss Rs 25.0 crore, Revenue at Rs 378.0 crore versus Rs 238.8 crore (YoY) (Positive)
*NMDC*: Net Profit at Rs 1469.7 crore versus poll Rs 1512.0 crore, Revenue at Rs 5409.9 crore versus poll Rs 5259 crore (YoY) (Positive)
*KPI Green*: Net Profit at Rs 50.6 crore versus Rs 34.45 crore , Revenue at Rs 330 crore versus Rs 179 crore (YoY) (Positive)
*Genesys*: Net profit at โน15.7 cr vs โน7.7 cr, Revenue up 9% at โน59.3 cr vs โน54.4 cr (YoY) (Positive)
*BHEL:* Company bags order to set up an 800 MW ultra-supercritical thermal power plant in Haryana. (Positive)
*West Coast Paper:* Company doubles capacity for optical fiber cable production (Positive)
*Indigo:* BOC Aviation enters into finance lease transaction with InterGlobe Aviation. (Positive)
*Utkarsh Small Finance Bank:* Board to meet to evaluate reverse merger with holding company, Utkarsh CoreInvest (Positive)
*Gland Pharma*: Net Profit at Rs 191.9 crore versus Rs 231.9 crore, Revenue at Rs 1545.2 crore versus Rs 938.3 crore (YoY) (Positive) (Neutral)
*Muthoot Finance*: Net Profit at Rs 1027.3 crore versus Rs 901.7 crore, NII at Rs 1905 crore versus Rs 1704 crore (YoY) (Neutral)
*Alembic Limited*: Net Profit at Rs 9.9 crore versus Rs 10.8 crore, Revenue at Rs 39.3 crore versus Rs 30.6 crore (YoY) (Neutral)
*Capacite*: Net Profit at Rs 29.52 crore versus Rs 22.85 crore, Revenue at Rs 480 crore versus Rs 443 crore (YoY) (Neutral)
*Suprajit:* Net Profit at Rs 40.2 crore versus Rs 38 crore , Revenue at Rs 724 crore versus Rs 692 crore (YoY) (Neutral)
*Sun TV:* Net Profit at Rs 453.9 crore versus Rs 425 crore, Revenue at Rs 923.2 crore versus Rs 886.9 crore (YoY) (Neutral)
*Crompton:* Net Profit up 0.8% at Rs 86 cr vs Rs 85.3 cr, Revenue up 11.6% at Rs 1,692.7 cr vs Rs 1,516.2 cr (YoY) (Neutral)
*Hinduja Global:* Net Profit down 84.1% at โน8.2 cr vs โน51.6 cr, Revenue up 7.6% at โน1,203.7 cr vs โน1,119.1 cr (YoY) (Neutral)
*PTC India:* Net Profit down 13.5% at โน79.4 cr vs โน91.8 cr, Revenue up 10.6% at โน3,471.7 cr vs โน3,138.9 cr (YoY) (Neutral)
*Fineotex Chem:* Net Profit at Rs 33 cr vs Rs 31 cr, Revenue at Rs 138 cr vs Rs 145 cr (YoY) (Neutral)
*ABFRL:* Net loss at โน77.9 cr vs profit of โน15.8 cr, Revenue up 16.1% at โน4,166.7 cr vs โน3,588.8 cr (YoY) (YoY) (Neutral)
*IRCTC:* Government approves appointment of Sanjay Kumar Jain as CMD (Neutral)
*HUL:* Company in talks with Andhra Pradesh government to collaborate on palm oil production. (Neutral)
*Canara Bank:* Raises Rs 2,000 crore by issuing bonds to fund business growth (Neutral)
*Adani Enterprises:* Company's unit Mumbai Travel Retail completes incorporation of wholly-owned subsidiary OIFZCO. (Neutral)
*NFL*: Net Profit down 72.8% at Rs 150.9 cr vs Rs 554 cr, Revenue down 25.2% at Rs 7,580.9 cr vs Rs 10,134.4 cr (YoY)
*Glenmark Pharma:* Net loss of Rs 470 cr vs profit of Rs 167.0 cr, Revenue at Rs 2507 cr vs Rs 3100 cr (YoY)
*DCAL*: Net loss of โน59.6 cr vs profit of โน47 cr, Revenue up 1.8% at โน651.1 cr vs โน639.8 cr (YoY)
*One 97 Communications:* Subsidiaries and its associate, Paytm Payments Bank, have received notices and requisitions for information, documents and explanations from the authorities, including the Enforcement Directorate
T.me/AlliesFin
*Ashapura Mine*: Net Profit at Rs 36.88 crore versus Rs 2.04 crore , Revenue at Rs 97.11 crore versus Rs 60.34 crore (YoY) (Positive)
*HPL Elect*: Net Profit at Rs 11.5 crore versus Rs 5.6 crore, Revenue at Rs 358 crore versus Rs 286 crore (YoY) (Positive)
*Jyoti CNC*: Net Profit at Rs 48.0 crore versus loss Rs 25.0 crore, Revenue at Rs 378.0 crore versus Rs 238.8 crore (YoY) (Positive)
*NMDC*: Net Profit at Rs 1469.7 crore versus poll Rs 1512.0 crore, Revenue at Rs 5409.9 crore versus poll Rs 5259 crore (YoY) (Positive)
*KPI Green*: Net Profit at Rs 50.6 crore versus Rs 34.45 crore , Revenue at Rs 330 crore versus Rs 179 crore (YoY) (Positive)
*Genesys*: Net profit at โน15.7 cr vs โน7.7 cr, Revenue up 9% at โน59.3 cr vs โน54.4 cr (YoY) (Positive)
*BHEL:* Company bags order to set up an 800 MW ultra-supercritical thermal power plant in Haryana. (Positive)
*West Coast Paper:* Company doubles capacity for optical fiber cable production (Positive)
*Indigo:* BOC Aviation enters into finance lease transaction with InterGlobe Aviation. (Positive)
*Utkarsh Small Finance Bank:* Board to meet to evaluate reverse merger with holding company, Utkarsh CoreInvest (Positive)
*Gland Pharma*: Net Profit at Rs 191.9 crore versus Rs 231.9 crore, Revenue at Rs 1545.2 crore versus Rs 938.3 crore (YoY) (Positive) (Neutral)
*Muthoot Finance*: Net Profit at Rs 1027.3 crore versus Rs 901.7 crore, NII at Rs 1905 crore versus Rs 1704 crore (YoY) (Neutral)
*Alembic Limited*: Net Profit at Rs 9.9 crore versus Rs 10.8 crore, Revenue at Rs 39.3 crore versus Rs 30.6 crore (YoY) (Neutral)
*Capacite*: Net Profit at Rs 29.52 crore versus Rs 22.85 crore, Revenue at Rs 480 crore versus Rs 443 crore (YoY) (Neutral)
*Suprajit:* Net Profit at Rs 40.2 crore versus Rs 38 crore , Revenue at Rs 724 crore versus Rs 692 crore (YoY) (Neutral)
*Sun TV:* Net Profit at Rs 453.9 crore versus Rs 425 crore, Revenue at Rs 923.2 crore versus Rs 886.9 crore (YoY) (Neutral)
*Crompton:* Net Profit up 0.8% at Rs 86 cr vs Rs 85.3 cr, Revenue up 11.6% at Rs 1,692.7 cr vs Rs 1,516.2 cr (YoY) (Neutral)
*Hinduja Global:* Net Profit down 84.1% at โน8.2 cr vs โน51.6 cr, Revenue up 7.6% at โน1,203.7 cr vs โน1,119.1 cr (YoY) (Neutral)
*PTC India:* Net Profit down 13.5% at โน79.4 cr vs โน91.8 cr, Revenue up 10.6% at โน3,471.7 cr vs โน3,138.9 cr (YoY) (Neutral)
*Fineotex Chem:* Net Profit at Rs 33 cr vs Rs 31 cr, Revenue at Rs 138 cr vs Rs 145 cr (YoY) (Neutral)
*ABFRL:* Net loss at โน77.9 cr vs profit of โน15.8 cr, Revenue up 16.1% at โน4,166.7 cr vs โน3,588.8 cr (YoY) (YoY) (Neutral)
*IRCTC:* Government approves appointment of Sanjay Kumar Jain as CMD (Neutral)
*HUL:* Company in talks with Andhra Pradesh government to collaborate on palm oil production. (Neutral)
*Canara Bank:* Raises Rs 2,000 crore by issuing bonds to fund business growth (Neutral)
*Adani Enterprises:* Company's unit Mumbai Travel Retail completes incorporation of wholly-owned subsidiary OIFZCO. (Neutral)
*NFL*: Net Profit down 72.8% at Rs 150.9 cr vs Rs 554 cr, Revenue down 25.2% at Rs 7,580.9 cr vs Rs 10,134.4 cr (YoY)
*Glenmark Pharma:* Net loss of Rs 470 cr vs profit of Rs 167.0 cr, Revenue at Rs 2507 cr vs Rs 3100 cr (YoY)
*DCAL*: Net loss of โน59.6 cr vs profit of โน47 cr, Revenue up 1.8% at โน651.1 cr vs โน639.8 cr (YoY)
*One 97 Communications:* Subsidiaries and its associate, Paytm Payments Bank, have received notices and requisitions for information, documents and explanations from the authorities, including the Enforcement Directorate
@AlliesFin
15/2/2024
BSE:+227(72050)
NSE:+70(21910)
MID:+365(39621)
SML:+554(45351)
*FII|FPI:-3064Cr*
*DII:+2276Cr*
B.Crude: 81
Gold$:1997=INR: 61445
Silver: 70616
$/Rs: 83.04
7.18 : 2033 G-Sec: 7.08
NSE PE: 22.62
T.me/AlliesFin
15/2/2024
BSE:+227(72050)
NSE:+70(21910)
MID:+365(39621)
SML:+554(45351)
*FII|FPI:-3064Cr*
*DII:+2276Cr*
B.Crude: 81
Gold$:1997=INR: 61445
Silver: 70616
$/Rs: 83.04
7.18 : 2033 G-Sec: 7.08
NSE PE: 22.62
T.me/AlliesFin
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 15-02-2024 :
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -79726* ๐ญ๐ญ
*INDEX FUT. : +492*
*INDEX OPT. : -77452*
*STOCK FUT. : -1779*
*STOCK OPT. : -986*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 15-FEB-2024 :
*FIIS : SELL -3,064 (13,658-16,722)* ๐ฅ
*DIIS : BUY +2,277 (11,892-9,615)* ๐
*BSE SENSEX : +227 (72,050)๐ผ*
*NSE NIFTY : +71 (21,911)๐ผ*
*BSE MIDCAP. +366 (39,622)*๐ผ
*BSE SMLCAP. : +555 (45,351)*๐ผ
*B. CRUDE : $ 81.91* ๐ฝ๐
*GOLD: $ 2,004=INR 60,500(10gr)*๐ฝ๐ฅ
*SILVER : RS. 74000 (kg)(5pm)*๐ฝ๐ญ
*FOREX : RS. $ 82.51 โ๏ธ ๐ณ*
*7.18% GOI '33: 7.1110%(100.47)๐ผโบ๏ธ*
*7.18% GOI '37: 7.1570% (100.19)๐ผโบ๏ธ*
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -79726* ๐ญ๐ญ
*INDEX FUT. : +492*
*INDEX OPT. : -77452*
*STOCK FUT. : -1779*
*STOCK OPT. : -986*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 15-FEB-2024 :
*FIIS : SELL -3,064 (13,658-16,722)* ๐ฅ
*DIIS : BUY +2,277 (11,892-9,615)* ๐
*BSE SENSEX : +227 (72,050)๐ผ*
*NSE NIFTY : +71 (21,911)๐ผ*
*BSE MIDCAP. +366 (39,622)*๐ผ
*BSE SMLCAP. : +555 (45,351)*๐ผ
*B. CRUDE : $ 81.91* ๐ฝ๐
*GOLD: $ 2,004=INR 60,500(10gr)*๐ฝ๐ฅ
*SILVER : RS. 74000 (kg)(5pm)*๐ฝ๐ญ
*FOREX : RS. $ 82.51 โ๏ธ ๐ณ*
*7.18% GOI '33: 7.1110%(100.47)๐ผโบ๏ธ*
*7.18% GOI '37: 7.1570% (100.19)๐ผโบ๏ธ*
GIFT Nifty +62 pts (22088) from last trade 22016 ,
T.me/AlliesFin
Nikkei +512 pts ,
Hangseng +63 pts ,
Dow +348.85 pts ,Nsdq +47.03 pts, S&P
+29.11 pts , Bovespa +785 pts , Ftse +29 pts , Dax +101 pts , Cac +66 pts , Crude @ $78.15 brl (+0.12), Brent @ $82.85 brl (+1.25) , Gold @ 2015.70 (+0.80), Silver $23.02 (+0.06), Euro @ $1.0773, JPY @ $149.90, INR @ 83.005
*Today's Corporate Action*
*16th Feb Ex Date*
MANINFRA
Interim Dividend - Rs. - 0.5400
AKSHAR
Bonus issue 1:5
CCL
Interim Dividend - Rs. - 2.5000
NESTLEIND
Interim Dividend - Rs. - 7.0000
POWERGRID
Interim Dividend - Rs. - 4.5000
UNOMINDA
Interim Dividend - Rs. - 0.6500
*Today's Key Results/Board Meetings*
*16-Feb-24*
AEGISLOG
Interim Dividend
EPACK
Quarterly Results
INDAGIV
General
RSYSTEMS
Audited Results;General;Quarterly Results
*Stock under F&O ban on NSE*
*16-Feb-24*
1 ABFRL
2 ASHOKLEY
3 BALRAMCHIN
4 BANDHANBNK
5 BIOCON
6 CANBK
7 DELTACORP
8 HINDCOPPER
9 INDIACEM
10 INDUSTOWER
11 SAIL
12 ZEEL
T.me/AlliesFin
Nikkei +512 pts ,
Hangseng +63 pts ,
Dow +348.85 pts ,Nsdq +47.03 pts, S&P
+29.11 pts , Bovespa +785 pts , Ftse +29 pts , Dax +101 pts , Cac +66 pts , Crude @ $78.15 brl (+0.12), Brent @ $82.85 brl (+1.25) , Gold @ 2015.70 (+0.80), Silver $23.02 (+0.06), Euro @ $1.0773, JPY @ $149.90, INR @ 83.005
*Today's Corporate Action*
*16th Feb Ex Date*
MANINFRA
Interim Dividend - Rs. - 0.5400
AKSHAR
Bonus issue 1:5
CCL
Interim Dividend - Rs. - 2.5000
NESTLEIND
Interim Dividend - Rs. - 7.0000
POWERGRID
Interim Dividend - Rs. - 4.5000
UNOMINDA
Interim Dividend - Rs. - 0.6500
*Today's Key Results/Board Meetings*
*16-Feb-24*
AEGISLOG
Interim Dividend
EPACK
Quarterly Results
INDAGIV
General
RSYSTEMS
Audited Results;General;Quarterly Results
*Stock under F&O ban on NSE*
*16-Feb-24*
1 ABFRL
2 ASHOKLEY
3 BALRAMCHIN
4 BANDHANBNK
5 BIOCON
6 CANBK
7 DELTACORP
8 HINDCOPPER
9 INDIACEM
10 INDUSTOWER
11 SAIL
12 ZEEL
*News Headlines from Business News Agencies :*
*Business Standard :*
๐ Deposits paucity may hit Indian banks credit growth in FY25: Report
๐ Green capital flows to emerging markets must be boosted: RBI governor
๐ SC strikes down electoral bond scheme as 'unconstitutional', against rights
๐ Tata Group, Uber in talks for partnership to drive digital engagement
๐ Centre may reduce import duty for Tesla in lieu of an EV factory in India
๐ Utkarsh Small Finance Bank proposes reverse merger with holding entity
๐ E-commerce major Amazon surpasses $8 billion in exports from India in 2023
๐ Exports up 3.12% to $36.92 bn in Jan, trade deficit at 17.49 bn: Govt data
๐ Airbus SE targets nearly 800 deliveries as Boeing struggles with Max
๐ India-EFTA trade deal raises concerns on domestic access of generic drugs
๐ Visa, Mastercard top executives meet RBI officials after BPSP biz hit
*Economic Times :*
๐ Sebi mulls mandatory registration of PMS distributors with industry body APMI
๐ Coal ministry to discuss with stakeholders ways to promote coal, lignite gasification projects
๐ Lupin launches Ganirelix Acetate injection in US
๐ PayU, NPCI join hands to roll out Credit Lines on UPIโ feature
๐ Mutual fund investor grievances decline in H1 FY24: AMFI
๐ BSNL's employees union urges government action to utilize Vi's 4G network
๐ EY to audit 51 lakh #microfinance accounts of BandhanBank
๐ County group to invest Rs 5,000 crore in luxury residential project in Noida
๐ Higher Coal prices seen impacting SteelIndustryโs growth plans
๐ Godrej Properties forays into Hyderabad, acquires 12.5-acre land parcel
๐ Rs 16,518 crore collected till date, Centre told LS
๐ New US sanctions target India's biggest crude grades from Russia.
*Mint :*
๐ UK fell into a technical recession in the second half of last year
๐ BJP's Swamy moves Delhi HC against Axis Bank over nearly ' โน5100 crore' scam
๐ Flight curbs at Mumbai airport may lead to higher fares
๐ HDFC Bank sees Casa boost through home loan business: Arvind Kapil
๐ CEA flags concerns around carbon tax, geopolitical risks of climate change
๐ Indian banks' margins set to fall, credit growth to moderate in FY25: S&P
๐ RBI flags need for co-operation and co-ordination to face global challenges
๐ Fitch downgrades UPL Corp to BB+ from BBB-ve; outlook negative
๐ NBFC-MFIs post 80% growth in net profit at Rs 1,105 cr for Q3 FY24
๐ 'Foreigners wary of pollution when considering setting base in India'
๐ PM Modi announces PM Surya Ghar Muft Bijli Yojana, to invest over 75000 cr
*Business Standard :*
๐ Deposits paucity may hit Indian banks credit growth in FY25: Report
๐ Green capital flows to emerging markets must be boosted: RBI governor
๐ SC strikes down electoral bond scheme as 'unconstitutional', against rights
๐ Tata Group, Uber in talks for partnership to drive digital engagement
๐ Centre may reduce import duty for Tesla in lieu of an EV factory in India
๐ Utkarsh Small Finance Bank proposes reverse merger with holding entity
๐ E-commerce major Amazon surpasses $8 billion in exports from India in 2023
๐ Exports up 3.12% to $36.92 bn in Jan, trade deficit at 17.49 bn: Govt data
๐ Airbus SE targets nearly 800 deliveries as Boeing struggles with Max
๐ India-EFTA trade deal raises concerns on domestic access of generic drugs
๐ Visa, Mastercard top executives meet RBI officials after BPSP biz hit
*Economic Times :*
๐ Sebi mulls mandatory registration of PMS distributors with industry body APMI
๐ Coal ministry to discuss with stakeholders ways to promote coal, lignite gasification projects
๐ Lupin launches Ganirelix Acetate injection in US
๐ PayU, NPCI join hands to roll out Credit Lines on UPIโ feature
๐ Mutual fund investor grievances decline in H1 FY24: AMFI
๐ BSNL's employees union urges government action to utilize Vi's 4G network
๐ EY to audit 51 lakh #microfinance accounts of BandhanBank
๐ County group to invest Rs 5,000 crore in luxury residential project in Noida
๐ Higher Coal prices seen impacting SteelIndustryโs growth plans
๐ Godrej Properties forays into Hyderabad, acquires 12.5-acre land parcel
๐ Rs 16,518 crore collected till date, Centre told LS
๐ New US sanctions target India's biggest crude grades from Russia.
*Mint :*
๐ UK fell into a technical recession in the second half of last year
๐ BJP's Swamy moves Delhi HC against Axis Bank over nearly ' โน5100 crore' scam
๐ Flight curbs at Mumbai airport may lead to higher fares
๐ HDFC Bank sees Casa boost through home loan business: Arvind Kapil
๐ CEA flags concerns around carbon tax, geopolitical risks of climate change
๐ Indian banks' margins set to fall, credit growth to moderate in FY25: S&P
๐ RBI flags need for co-operation and co-ordination to face global challenges
๐ Fitch downgrades UPL Corp to BB+ from BBB-ve; outlook negative
๐ NBFC-MFIs post 80% growth in net profit at Rs 1,105 cr for Q3 FY24
๐ 'Foreigners wary of pollution when considering setting base in India'
๐ PM Modi announces PM Surya Ghar Muft Bijli Yojana, to invest over 75000 cr
๐ฎ๐ณIndia Daybook Stocks in News
*Epack*: Net Profit at Rs 4.9 crore versus loss Rs 8.6 crore , Profit Before Tax at Rs 6.9 crore versus Rs 6.24 crore (YoY) (Positive)
*Indian Hotels*: Company has expanded its brand portfolio through a โstrategic allianceโ with Kolkata's Ambuja Neotia Group for Tree of Life Resorts & Hotel (Positive)
*Cipla:* Company said it has tied up with CSIR to jointly develop a novel ophthalmic formulation for fungal keratitis (Positive)
*NBCC:* Company expects to meet its revenue target of โน10,000 crore in FY24 (Positive)
*KPI Green*: Company said its wholly-owned subsidiary has received a new order for a 1.5-MW solar power project. (Positive)
*Escorts Kubota:* Company has executed a long-term wage settlement agreement with the Workers' Union for three years. (Positive)
*Lupin:* Company launched Ganirelix Acetate Injection in US for women undergoing fertility treatment. (Positive)
*Tata Motors:* Company is exploring spinoff plans for EV business, Bloomberg sources (Positive)
*Coal India:* Company signs MoU with Haryana Power Purchase Centre for power purchase (Positive)
*Tejas Networks:* Company has received incentives worth of Rs 27.8 crore under PLI scheme (Positive)
*Dilip Buildcon:* Company's joint venture with Vijay Kumar Mishra Construction gets order worth Rs 412.9 crore. (Positive)
*Infosys:* The most recent is a $300 million contract with Singapore-based Pacific International Lines running until 2027, according to industry executives (Positive)
*Sudarshan Chem:* HDFC Mutual Fund Bought 17.75 Lakh Shares at Rs 514/ Share (Positive)
*BPCL:* Company commences pilot project to gain experience in handling hydrogen for automobile sector. (Positive)
*HDFC Bank:* Company said its home loan book reached โน6.84 lakh crore in the December quarter (Neutral)
*MedPlus Health:* Company said its subsidiary company has received a suspension order of drug license for its store situated at Khopat (Neutral)
*Vedanta:* Finsider International divested a 1.8% stake in Vedanta for โน1,737 crore through an open market transaction. (Neutral)
*InterGlobe Aviation:* IndiGo with the largest market share, saw a slight dip at 60.2 percent in January 2024, from 61.8 percent (Neutral)
*Route Mobile:* SEBI approves extending timeline for Proximus' open offer by 12 days. (Neutral)
*Axis Bank:* Bank denies wrongdoing in Max Life Insurance shares transaction amidst Swamy's allegations. (Neutral)
*Fineotex:* Board meeting to consider Fund Raising via issue of warrants or debt securities (Neutral)
*Adani Enterprises:* Company's unit Mumbai Travel Retail completes incorporation of wholly-owned subsidiary OIFZCO. (Neutral)
*Epack*: Net Profit at Rs 4.9 crore versus loss Rs 8.6 crore , Profit Before Tax at Rs 6.9 crore versus Rs 6.24 crore (YoY) (Positive)
*Indian Hotels*: Company has expanded its brand portfolio through a โstrategic allianceโ with Kolkata's Ambuja Neotia Group for Tree of Life Resorts & Hotel (Positive)
*Cipla:* Company said it has tied up with CSIR to jointly develop a novel ophthalmic formulation for fungal keratitis (Positive)
*NBCC:* Company expects to meet its revenue target of โน10,000 crore in FY24 (Positive)
*KPI Green*: Company said its wholly-owned subsidiary has received a new order for a 1.5-MW solar power project. (Positive)
*Escorts Kubota:* Company has executed a long-term wage settlement agreement with the Workers' Union for three years. (Positive)
*Lupin:* Company launched Ganirelix Acetate Injection in US for women undergoing fertility treatment. (Positive)
*Tata Motors:* Company is exploring spinoff plans for EV business, Bloomberg sources (Positive)
*Coal India:* Company signs MoU with Haryana Power Purchase Centre for power purchase (Positive)
*Tejas Networks:* Company has received incentives worth of Rs 27.8 crore under PLI scheme (Positive)
*Dilip Buildcon:* Company's joint venture with Vijay Kumar Mishra Construction gets order worth Rs 412.9 crore. (Positive)
*Infosys:* The most recent is a $300 million contract with Singapore-based Pacific International Lines running until 2027, according to industry executives (Positive)
*Sudarshan Chem:* HDFC Mutual Fund Bought 17.75 Lakh Shares at Rs 514/ Share (Positive)
*BPCL:* Company commences pilot project to gain experience in handling hydrogen for automobile sector. (Positive)
*HDFC Bank:* Company said its home loan book reached โน6.84 lakh crore in the December quarter (Neutral)
*MedPlus Health:* Company said its subsidiary company has received a suspension order of drug license for its store situated at Khopat (Neutral)
*Vedanta:* Finsider International divested a 1.8% stake in Vedanta for โน1,737 crore through an open market transaction. (Neutral)
*InterGlobe Aviation:* IndiGo with the largest market share, saw a slight dip at 60.2 percent in January 2024, from 61.8 percent (Neutral)
*Route Mobile:* SEBI approves extending timeline for Proximus' open offer by 12 days. (Neutral)
*Axis Bank:* Bank denies wrongdoing in Max Life Insurance shares transaction amidst Swamy's allegations. (Neutral)
*Fineotex:* Board meeting to consider Fund Raising via issue of warrants or debt securities (Neutral)
*Adani Enterprises:* Company's unit Mumbai Travel Retail completes incorporation of wholly-owned subsidiary OIFZCO. (Neutral)
Stocks to Watch @AlliesFin
*Dilip Buildcon* : The i company through a joint venture (Vijay Kumar Mishra Construction-Dilip Buildcon) has declared as an L-1 bidder for the tender floated by Madhya Pradesh's water resources department. The project cost is Rs 412.92 crore.
*UPL* : Global rating downgraded UPL Corporation's Long-Term Issuer Default Rating to 'BB+', from 'BBB-', citing the weak 9MFY24 EBITDA, on lower global crop-protection industry demand due to prolonged destocking, and production overcapacity in China.
*Newgen Software* *Technologies* : The company has entered into an Addendum to the earlier engagement with the same top-tier global management consulting firm by adding further scope of work to build a phase for a growth transformation across the key geographies. The aggregate value of the engagement is $1.55 million.
*Axis Bank, Max Financial* Services: Axis Bank clarified that there is no material impact of the allegations made regarding the Rs 5,100 crore unjust gains in Max Life Insurance share deals.
*Bharat Petroleum Corp* : The company commenced a pilot project to gain experience in handling hydrogen for the automobile sector.
*TVS Motors* : The company has acquired a 28.57% stake in the Indian Foundation for Quality Management for Rs 2.5 crore.
*B.L.Kashyap and Sons* : The company received an order worth Rs 208 crore from Manyata Promoters for the construction of blocks D1 and D2 at Embassy Manyata Business Park Campus, Bangalore.
*Entero Healthcare Solutions* : The healthcare products distributor is set to debut on the BSE and NSE on February 16. The final issue price has been fixed at Rs 1,258 per share.
*Dilip Buildcon* : The i company through a joint venture (Vijay Kumar Mishra Construction-Dilip Buildcon) has declared as an L-1 bidder for the tender floated by Madhya Pradesh's water resources department. The project cost is Rs 412.92 crore.
*UPL* : Global rating downgraded UPL Corporation's Long-Term Issuer Default Rating to 'BB+', from 'BBB-', citing the weak 9MFY24 EBITDA, on lower global crop-protection industry demand due to prolonged destocking, and production overcapacity in China.
*Newgen Software* *Technologies* : The company has entered into an Addendum to the earlier engagement with the same top-tier global management consulting firm by adding further scope of work to build a phase for a growth transformation across the key geographies. The aggregate value of the engagement is $1.55 million.
*Axis Bank, Max Financial* Services: Axis Bank clarified that there is no material impact of the allegations made regarding the Rs 5,100 crore unjust gains in Max Life Insurance share deals.
*Bharat Petroleum Corp* : The company commenced a pilot project to gain experience in handling hydrogen for the automobile sector.
*TVS Motors* : The company has acquired a 28.57% stake in the Indian Foundation for Quality Management for Rs 2.5 crore.
*B.L.Kashyap and Sons* : The company received an order worth Rs 208 crore from Manyata Promoters for the construction of blocks D1 and D2 at Embassy Manyata Business Park Campus, Bangalore.
*Entero Healthcare Solutions* : The healthcare products distributor is set to debut on the BSE and NSE on February 16. The final issue price has been fixed at Rs 1,258 per share.
@AlliesFin
Japan recession.
UK recession.
China, Germany in trouble.
Bezos dumping $4B in $AMZN
Buffett reducing $AAPL
Retail: Let's chase every play we can find ๐ As Bharat adding next Trillion $ to economy.
Japan recession.
UK recession.
China, Germany in trouble.
Bezos dumping $4B in $AMZN
Buffett reducing $AAPL
Retail: Let's chase every play we can find ๐ As Bharat adding next Trillion $ to economy.
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 16-02-2024 :
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -3446* ๐ฅ
*INDEX FUT. : +639*
*INDEX OPT. : -5497*
*STOCK FUT. : +1259*
*STOCK OPT. : +150*
SEC. IN F&O BAN FOR, 19.02.2024
*1. ABFRL 2. ASHOKLEY 3. BALRAMCHIN 4. BANDHANBNK 5. CANBK 6. DELTACORP 7. HINDCOPPER 8. INDIACEM 9. INDUSTOWER 10. NATIONALUM 11. SAIL 12. ZEEL*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-FEB-2024 :
*FIIS : BUY +253 (13,802-13,549)* ๐
*DIIS : BUY +1,571 (12.166-10595)* ๐
*BSE SENSEX : +376 (72,426)๐ผ*
*NSE NIFTY : +130 (22,041)๐ผ*
*BSE MIDCAP. +308 (39,930)*๐ผ
*BSE SMLCAP. : +308 (45,659)*๐ผ
*B. CRUDE : $ 82.81* ๐ผ๐ฉ
*GOLD: $ 2,010=INR 60,500(10gr)*โ๏ธ๐ณ
*SILVER : RS. 75,500 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.01 ๐ผ ๐*
*7.18% GOI '33: 7.0968%(100.5650)๐ผโบ๏ธ*
*7.18% GOI '37: 7.1265% (100.45)๐ผโบ๏ธ*
T.me/AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -3446* ๐ฅ
*INDEX FUT. : +639*
*INDEX OPT. : -5497*
*STOCK FUT. : +1259*
*STOCK OPT. : +150*
SEC. IN F&O BAN FOR, 19.02.2024
*1. ABFRL 2. ASHOKLEY 3. BALRAMCHIN 4. BANDHANBNK 5. CANBK 6. DELTACORP 7. HINDCOPPER 8. INDIACEM 9. INDUSTOWER 10. NATIONALUM 11. SAIL 12. ZEEL*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-FEB-2024 :
*FIIS : BUY +253 (13,802-13,549)* ๐
*DIIS : BUY +1,571 (12.166-10595)* ๐
*BSE SENSEX : +376 (72,426)๐ผ*
*NSE NIFTY : +130 (22,041)๐ผ*
*BSE MIDCAP. +308 (39,930)*๐ผ
*BSE SMLCAP. : +308 (45,659)*๐ผ
*B. CRUDE : $ 82.81* ๐ผ๐ฉ
*GOLD: $ 2,010=INR 60,500(10gr)*โ๏ธ๐ณ
*SILVER : RS. 75,500 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.01 ๐ผ ๐*
*7.18% GOI '33: 7.0968%(100.5650)๐ผโบ๏ธ*
*7.18% GOI '37: 7.1265% (100.45)๐ผโบ๏ธ*
Today's Headlines from :
*Economic Times*
๐ Government puts guidelines for coaching institutes in public domain, seeks comments
๐ India likely to grow more than 6% between FY23-28: Goldman Sachs
๐ At WTO, India proposes lower cost of cross-border payments
๐ India's forex reserves dip by $5.24 bn to $617.23 bn as of Feb 9
๐ Russian central bank holds rates at 16% after months of tightening
๐ M&M signs supply agreement with Volkswagen Group for e-mobility push
๐ Union Bank receives binding bids for four loans of Rs 525 crore
๐ Government hikes authorised capital of FCI to Rs 21,000 crore
๐ Ministry calls for PLI scheme to boost petroleum output
๐ Max Healthcare Institute acquires Alexis Multi-Speciality Hospital
๐ Online seafood firm Captain Fresh raises $25 million from BII, Nekkanti
*Business Standard*
๐ RBI extends deadline for Paytm Payments Bank restrictions to March 15
๐ Blackstone likely to acquire Carlyle stake in Bharti data centre arm
๐ JSW to invest Rs 65,000 cr for integrated steel complex in Odisha
๐ LIC gets tax refund of Rs 21,740 crore from Income Tax department
๐ MGNREGA scheme led to decline in gender wage gap in rural India: ILO
๐ Govt is mulling listing of PSEs' green energy arms, says Dipam secretary
๐ Outward FDI rises 25.7% to $2.1 billion in January, shows RBI data
๐ Market regulator Sebi urges industry to step up voluntary compliance
๐ IT industry to grow 3.8% in FY24 to cross $250 billion, says Nasscom
*Financial Express*
๐ Tata Power wins bid for Jalpura Khurja Power Transmission Project
๐ Govt starts centralised processing of filings under companies law
๐ UK retail sales jump, suggesting recession will be short-lived
๐ India initiates anti-dumping probe into imports of solar glass from China, Vietnam
๐ RBI vigilant on last mile disinflation: Das
๐ Florintree Capital exits Data Patterns; sells entire stake for Rs 1,102 cr
*Mint*
๐ National Fertilizers Q3 FY24 Results: Profit Falls by 72.76% YoY
๐ Snowman Logistics Q3 FY24 Results: profit rise by 13.65% YOY
๐ SIP inflows surged to โน18,838 cr in January, active accounts rose by 1.7 cr
๐ ANZ plans to set up a fourth branch in India at Gift City
๐ After Mauritius, UPI to now enable cross-border payments in Nepal as well
๐ Taiwan agrees to hire Indian workers to address labour shortages: Report
๐ Akasa Air to start international operations on March 28
๐ India oil product demand up 8.2% in January, says report.
*Economic Times*
๐ Government puts guidelines for coaching institutes in public domain, seeks comments
๐ India likely to grow more than 6% between FY23-28: Goldman Sachs
๐ At WTO, India proposes lower cost of cross-border payments
๐ India's forex reserves dip by $5.24 bn to $617.23 bn as of Feb 9
๐ Russian central bank holds rates at 16% after months of tightening
๐ M&M signs supply agreement with Volkswagen Group for e-mobility push
๐ Union Bank receives binding bids for four loans of Rs 525 crore
๐ Government hikes authorised capital of FCI to Rs 21,000 crore
๐ Ministry calls for PLI scheme to boost petroleum output
๐ Max Healthcare Institute acquires Alexis Multi-Speciality Hospital
๐ Online seafood firm Captain Fresh raises $25 million from BII, Nekkanti
*Business Standard*
๐ RBI extends deadline for Paytm Payments Bank restrictions to March 15
๐ Blackstone likely to acquire Carlyle stake in Bharti data centre arm
๐ JSW to invest Rs 65,000 cr for integrated steel complex in Odisha
๐ LIC gets tax refund of Rs 21,740 crore from Income Tax department
๐ MGNREGA scheme led to decline in gender wage gap in rural India: ILO
๐ Govt is mulling listing of PSEs' green energy arms, says Dipam secretary
๐ Outward FDI rises 25.7% to $2.1 billion in January, shows RBI data
๐ Market regulator Sebi urges industry to step up voluntary compliance
๐ IT industry to grow 3.8% in FY24 to cross $250 billion, says Nasscom
*Financial Express*
๐ Tata Power wins bid for Jalpura Khurja Power Transmission Project
๐ Govt starts centralised processing of filings under companies law
๐ UK retail sales jump, suggesting recession will be short-lived
๐ India initiates anti-dumping probe into imports of solar glass from China, Vietnam
๐ RBI vigilant on last mile disinflation: Das
๐ Florintree Capital exits Data Patterns; sells entire stake for Rs 1,102 cr
*Mint*
๐ National Fertilizers Q3 FY24 Results: Profit Falls by 72.76% YoY
๐ Snowman Logistics Q3 FY24 Results: profit rise by 13.65% YOY
๐ SIP inflows surged to โน18,838 cr in January, active accounts rose by 1.7 cr
๐ ANZ plans to set up a fourth branch in India at Gift City
๐ After Mauritius, UPI to now enable cross-border payments in Nepal as well
๐ Taiwan agrees to hire Indian workers to address labour shortages: Report
๐ Akasa Air to start international operations on March 28
๐ India oil product demand up 8.2% in January, says report.
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