1/3/2024
BSE:+1245(73745)
NSE:+355(22338)
MID:+349(39696)
SML:+307(45532)
FII|FPI:+128Cr
DII:+3814Cr
B.Crude: 83
Gold$:2055=INR: 62802
Silver: 69752
$/Rs: 82.90
7.18 : 2033 G-Sec: 7.05
NSE PE: 23.06
T.me/AlliesFin
BSE:+1245(73745)
NSE:+355(22338)
MID:+349(39696)
SML:+307(45532)
FII|FPI:+128Cr
DII:+3814Cr
B.Crude: 83
Gold$:2055=INR: 62802
Silver: 69752
$/Rs: 82.90
7.18 : 2033 G-Sec: 7.05
NSE PE: 23.06
T.me/AlliesFin
Mkt. Updates :
*GIFT Nifty +60 pts (22511) from last trade 22451 ,*
Dow +90.99 pts ,Nsdq +183.02 pts, S&P
+40.81 pts , Bovespa +160 pts , Ftse +52 pts , Dax +56 pts , Cac +6 pts , Crude @ $79.81 brl (+1.55), Brent @ $83.55 brl (-0.00) , Gold @ 2091.60 (+36.90), Silver $23.345 (+0.46), Euro @ $1.0837, JPY @ $150.11, INR @ 82.841
*US GOVT. 10-YR YIELD : 4.19%*
*Today's Corporate Action, 02 Mar Ex Date :**
None
*Today's Key Results/Board Meetings, 02-Mar-24 :*
NOL
Preferential Issue of shares;General
*SEC. IN F&O BAN FOR, 02-Mar-24 :)*
*1. ZEEL*
*GIFT Nifty +60 pts (22511) from last trade 22451 ,*
Dow +90.99 pts ,Nsdq +183.02 pts, S&P
+40.81 pts , Bovespa +160 pts , Ftse +52 pts , Dax +56 pts , Cac +6 pts , Crude @ $79.81 brl (+1.55), Brent @ $83.55 brl (-0.00) , Gold @ 2091.60 (+36.90), Silver $23.345 (+0.46), Euro @ $1.0837, JPY @ $150.11, INR @ 82.841
*US GOVT. 10-YR YIELD : 4.19%*
*Today's Corporate Action, 02 Mar Ex Date :**
None
*Today's Key Results/Board Meetings, 02-Mar-24 :*
NOL
Preferential Issue of shares;General
*SEC. IN F&O BAN FOR, 02-Mar-24 :)*
*1. ZEEL*
๐1
*GIFT Nifty +8 pts (22515) from last trade 22507 ,*
Nikkei +333 pts ,
Hangseng +40 pts ,
Crude @ $79.98 brl (+0.01), Brent @ $83.62 brl (+0.07) , Gold @ 2094.90 (-0.80), Silver $23.37 (+0.00), Euro @ $1.0841, JPY @ $150.11, INR @ 82.845
*Today's Corporate Action*
*4th Mar Ex Date*
JYOTISTRUC
E.G.M.
STEELXIND
E.G.M.
TIGERLOGS
Stock Split From Rs.10/- to Rs.1/-
*Today's Key Results/Board Meetings*
*04-Mar-24*
ALFAVIO
General
CITL
Preferential Issue of shares;General
DRA
General
GMPL
Increase in Authorised Capital;General
IGCIL
General
NVENTURES
General
PARKHOTELS
Quarterly Results
POWERGRID
General
RITCO
Preferential Issue of shares
ROJL
General
SPANDANA
General
SUPRAPFSL
General
WEL
Interim Dividend;General
*Stock under F&O ban on NSE*
*04-Mar-24*
1 ZEEL
Nikkei +333 pts ,
Hangseng +40 pts ,
Crude @ $79.98 brl (+0.01), Brent @ $83.62 brl (+0.07) , Gold @ 2094.90 (-0.80), Silver $23.37 (+0.00), Euro @ $1.0841, JPY @ $150.11, INR @ 82.845
*Today's Corporate Action*
*4th Mar Ex Date*
JYOTISTRUC
E.G.M.
STEELXIND
E.G.M.
TIGERLOGS
Stock Split From Rs.10/- to Rs.1/-
*Today's Key Results/Board Meetings*
*04-Mar-24*
ALFAVIO
General
CITL
Preferential Issue of shares;General
DRA
General
GMPL
Increase in Authorised Capital;General
IGCIL
General
NVENTURES
General
PARKHOTELS
Quarterly Results
POWERGRID
General
RITCO
Preferential Issue of shares
ROJL
General
SPANDANA
General
SUPRAPFSL
General
WEL
Interim Dividend;General
*Stock under F&O ban on NSE*
*04-Mar-24*
1 ZEEL
Today's Headlines
*Economic Times*
๐ ATC logs $322 mn India goodwill impairment charge for 2023
๐ Core inflation to stay around 3% till Q1 FY25: Economists
๐ Centre eyes 10x expansion in domestically flagged Ships
๐ MP industry conclave attracts investment proposals worth Rs 1 lakh crore
๐ Foxconn, Samsung, 3 others to get Rs 4,400+ cr under PLI scheme
๐ Edelweiss Alternatives set to buy IT park in Bengaluru for over Rs 1,475 crore
๐ FPIs reverse trend; infuse Rs 1,500 crore into Indian equities in February
๐ LIC Housing Finance plans to raise funds via green bonds in next financial year
๐ Punjab's GST mop-up rises 16 pc to over Rs 19,000 crore till February
๐ Saudi extends voluntary oil cut of 1 mn barrels per day until mid-2024
๐ ARCIL buys Saraswat's NPAs at 86% haircut
๐ GMR Highways raises Rs 700 cr debt to prepay Yes Bank
๐ SJVN Green Energy bags 200 MW solar project
๐ Rooftop solar installations rise 6.25 pc to 1.7 GW in 2023: Mercom
*Business Standard*
๐ Govt to meet Google, startup executives over app issue on Monday
๐ Flipkart unveils its UPI handle to boost India's digital evolution
๐ Europe's higher defence expenditure may hit exports
๐ EAM S Jaishankar's Japan, Korea visits to focus on semiconductor push
๐ National pension system added 21.5% fewer corporate subscribers in 2023
๐ PM Narendra Modi flags off first crude oil tanker from ONGC's KG project
๐ Rising interest rates prompting more people to go in for term deposits
๐ 50% of companies review their BCDR strategy only once in 3 years: Report
๐ Car leasing player Avyens eyes 8-10 per cent fleet growth in 2024
๐ India Inc pushes capital expenditure as capacity utilisation nears 75%
๐ Nearly 66% greenfield units under PLI scheme for bulk drugs completed
*Financial Express*
๐ Five CIL mines to be converted into pump-storage power projects
๐ India to be on high-stake global stage of chip makers in 5 years: IT Minister Vaishnaw
๐ Godrej & Boyce to increase focus on smaller cities, invest Rs 40 crore in 3 years on distribution
๐ India-UAE non-oil trade target of USD 100 billion by 2030 ambitious, but achievable: CII President
๐ Foodโs weight in inflation index to drop 5 pps with latest consumption survey
๐ Agri trade via e-NAM set to cross Rs 80,000 crore in FY24
*Mint*
๐ Sony renews exclusive media rights deal with UEFA for 3 years
๐ Centre plans to leverage MCC period to prepare over 10,000 km highway contract
๐ IG Drones eyes aggressive defence foray
๐ Centre rejigs plan for sale of Bharat rice and wheat
๐ Vedanta Resources to deleverage debt by $3 billion over three years
๐ PM Modi to inaugurate first under-river tunnel of Kolkata Metro on 6 Mar.
*Economic Times*
๐ ATC logs $322 mn India goodwill impairment charge for 2023
๐ Core inflation to stay around 3% till Q1 FY25: Economists
๐ Centre eyes 10x expansion in domestically flagged Ships
๐ MP industry conclave attracts investment proposals worth Rs 1 lakh crore
๐ Foxconn, Samsung, 3 others to get Rs 4,400+ cr under PLI scheme
๐ Edelweiss Alternatives set to buy IT park in Bengaluru for over Rs 1,475 crore
๐ FPIs reverse trend; infuse Rs 1,500 crore into Indian equities in February
๐ LIC Housing Finance plans to raise funds via green bonds in next financial year
๐ Punjab's GST mop-up rises 16 pc to over Rs 19,000 crore till February
๐ Saudi extends voluntary oil cut of 1 mn barrels per day until mid-2024
๐ ARCIL buys Saraswat's NPAs at 86% haircut
๐ GMR Highways raises Rs 700 cr debt to prepay Yes Bank
๐ SJVN Green Energy bags 200 MW solar project
๐ Rooftop solar installations rise 6.25 pc to 1.7 GW in 2023: Mercom
*Business Standard*
๐ Govt to meet Google, startup executives over app issue on Monday
๐ Flipkart unveils its UPI handle to boost India's digital evolution
๐ Europe's higher defence expenditure may hit exports
๐ EAM S Jaishankar's Japan, Korea visits to focus on semiconductor push
๐ National pension system added 21.5% fewer corporate subscribers in 2023
๐ PM Narendra Modi flags off first crude oil tanker from ONGC's KG project
๐ Rising interest rates prompting more people to go in for term deposits
๐ 50% of companies review their BCDR strategy only once in 3 years: Report
๐ Car leasing player Avyens eyes 8-10 per cent fleet growth in 2024
๐ India Inc pushes capital expenditure as capacity utilisation nears 75%
๐ Nearly 66% greenfield units under PLI scheme for bulk drugs completed
*Financial Express*
๐ Five CIL mines to be converted into pump-storage power projects
๐ India to be on high-stake global stage of chip makers in 5 years: IT Minister Vaishnaw
๐ Godrej & Boyce to increase focus on smaller cities, invest Rs 40 crore in 3 years on distribution
๐ India-UAE non-oil trade target of USD 100 billion by 2030 ambitious, but achievable: CII President
๐ Foodโs weight in inflation index to drop 5 pps with latest consumption survey
๐ Agri trade via e-NAM set to cross Rs 80,000 crore in FY24
*Mint*
๐ Sony renews exclusive media rights deal with UEFA for 3 years
๐ Centre plans to leverage MCC period to prepare over 10,000 km highway contract
๐ IG Drones eyes aggressive defence foray
๐ Centre rejigs plan for sale of Bharat rice and wheat
๐ Vedanta Resources to deleverage debt by $3 billion over three years
๐ PM Modi to inaugurate first under-river tunnel of Kolkata Metro on 6 Mar.
๐1
*๐ฎ๐ณIndia Daybook Stocks in News*
*MOIL:* Feb production at 1.5 lk tn manganese; up 15% YoY. (Positive)
*AMI Organics:* Company gets patents for 2 inventions for 20 years (Positive)
*KPI Green Energy* Company signs power purchase pact for 200MW project (Positive)
*Brigade Enterprises:* Company launches Bengaluru residential project with revenue potential of Rs 380 crore. (Positive)
*Patel Engineering:* JV gets LoA from Telangana Government for Rs 525.4 crore contract (Positive)
*Wardwizard:* Company opens new assembly line for electric 2-wheelers in Jharkhand. (Positive)
*HG Infra:* Bags order worth โน447 crore from South Central Railway (Positive)
*Pidilite:* Company has launched its new product Fevikwik Gel (Positive)
*Gujarat Ambuja Exports:* Company commissions a 120 TPD liquid glucose unit in Malda, West Bengal (Positive)
*Swan Energy:* Swan LNG has pre-paid its entire loan along with interest to its consortium of Banks amounting to Rs 2206 crore (Positive)
*Zaggle Prepaid:* Company has entered into an agreement with Axis Bank to become referral partner. (Positive)
*PSP Projects:* Company received new Work Orders worth INR 386.24 Crores (Positive)
*Vimta Labs:* Company has received Grants-in-aid (GIA of Rs. 409.49 lalchs from Ministry of Food Processing Industries for upgradation of Food Testing Laboratory. (Positive)
*Oil upstream stocks:* Oil steadies near the highest level this year after OPEC+ extends its production cuts to stave off a global crude surplus. (Positive)
*NTPC:* Company approves Rs 17,200 crore investment for Singrauli thermal project (Positive)
*SJVN:* Company gets 200 MW Gujarat solar park project worth Rs 1,100 crore (Positive)
*Godrej Properties;* Company has signed agreements to develop a 62-acre township project in North Bengaluru, offering 5.6 million sq ft of saleable area (Positive)
*Signature Global:* Records sale of luxury residence โDe-Luxe DXPโ in Sector 37D, Gurugram, along with the vibrant Dwarka Expressway for over Rs.3600 Crore. (Positive)
*EMart:* Commenced the commercial operations of a new Multi Brand Store under the brand name โBAJAJ ELECTRONICSโ on 02nd March 2024 in Telangana (Positive)
*Info Edge:* Company said its mobile applications - Naukri jobseeker, Naukrigulf Job Search App and 99acres Buy/Sell/Rent Property have been reinstated on the Google Play Store. (Positive)
*Apollo Tubes:* Company gets Rs 16.86 crore GST demand. (Neutral)
*Finolex Industries:* Company in pact to buy 15.3% stake in Hinduja Renewables for Rs 3.14 crore. (Neutral)
*Vedanta:* Vedanta Resources plans to deleverage as much as $3 billion debt over the next three years. (Neutral)
*Godrej Ind:* Godrej & Boyce to invest Rs 40 crore to expand distribution footprint for its consumer brands in smaller cities. (Neutral)
*Coforge:* Board decided not to proceed with the proposed offering of its American Depository Receipts (Neutral)
*Dr Lal Pathlabs:* Bharath U resigns from CEO post, last working day would be on or before May 20
*Ganesha Ecosphere:* Search and Seizure operations carried out by GST Department on March 1 and 2, 2024 at the company's factory in Kanpur and Bilaspur
*MOIL:* Feb production at 1.5 lk tn manganese; up 15% YoY. (Positive)
*AMI Organics:* Company gets patents for 2 inventions for 20 years (Positive)
*KPI Green Energy* Company signs power purchase pact for 200MW project (Positive)
*Brigade Enterprises:* Company launches Bengaluru residential project with revenue potential of Rs 380 crore. (Positive)
*Patel Engineering:* JV gets LoA from Telangana Government for Rs 525.4 crore contract (Positive)
*Wardwizard:* Company opens new assembly line for electric 2-wheelers in Jharkhand. (Positive)
*HG Infra:* Bags order worth โน447 crore from South Central Railway (Positive)
*Pidilite:* Company has launched its new product Fevikwik Gel (Positive)
*Gujarat Ambuja Exports:* Company commissions a 120 TPD liquid glucose unit in Malda, West Bengal (Positive)
*Swan Energy:* Swan LNG has pre-paid its entire loan along with interest to its consortium of Banks amounting to Rs 2206 crore (Positive)
*Zaggle Prepaid:* Company has entered into an agreement with Axis Bank to become referral partner. (Positive)
*PSP Projects:* Company received new Work Orders worth INR 386.24 Crores (Positive)
*Vimta Labs:* Company has received Grants-in-aid (GIA of Rs. 409.49 lalchs from Ministry of Food Processing Industries for upgradation of Food Testing Laboratory. (Positive)
*Oil upstream stocks:* Oil steadies near the highest level this year after OPEC+ extends its production cuts to stave off a global crude surplus. (Positive)
*NTPC:* Company approves Rs 17,200 crore investment for Singrauli thermal project (Positive)
*SJVN:* Company gets 200 MW Gujarat solar park project worth Rs 1,100 crore (Positive)
*Godrej Properties;* Company has signed agreements to develop a 62-acre township project in North Bengaluru, offering 5.6 million sq ft of saleable area (Positive)
*Signature Global:* Records sale of luxury residence โDe-Luxe DXPโ in Sector 37D, Gurugram, along with the vibrant Dwarka Expressway for over Rs.3600 Crore. (Positive)
*EMart:* Commenced the commercial operations of a new Multi Brand Store under the brand name โBAJAJ ELECTRONICSโ on 02nd March 2024 in Telangana (Positive)
*Info Edge:* Company said its mobile applications - Naukri jobseeker, Naukrigulf Job Search App and 99acres Buy/Sell/Rent Property have been reinstated on the Google Play Store. (Positive)
*Apollo Tubes:* Company gets Rs 16.86 crore GST demand. (Neutral)
*Finolex Industries:* Company in pact to buy 15.3% stake in Hinduja Renewables for Rs 3.14 crore. (Neutral)
*Vedanta:* Vedanta Resources plans to deleverage as much as $3 billion debt over the next three years. (Neutral)
*Godrej Ind:* Godrej & Boyce to invest Rs 40 crore to expand distribution footprint for its consumer brands in smaller cities. (Neutral)
*Coforge:* Board decided not to proceed with the proposed offering of its American Depository Receipts (Neutral)
*Dr Lal Pathlabs:* Bharath U resigns from CEO post, last working day would be on or before May 20
*Ganesha Ecosphere:* Search and Seizure operations carried out by GST Department on March 1 and 2, 2024 at the company's factory in Kanpur and Bilaspur
๐1
4/3/2024
BSE:+66(73872)
NSE:+27(22405)
MID:+63(40025)
SML:-357(45495)
FII|FPI:-564Cr
DII:+3542Cr
B.Crude: 83
Gold$:2082=INR: 63535
Silver: 70681
$/Rs: 82.89
7.18 : 2033 G-Sec: 7.06
NSE PE: 23.13
T.me/AlliesFin
BSE:+66(73872)
NSE:+27(22405)
MID:+63(40025)
SML:-357(45495)
FII|FPI:-564Cr
DII:+3542Cr
B.Crude: 83
Gold$:2082=INR: 63535
Silver: 70681
$/Rs: 82.89
7.18 : 2033 G-Sec: 7.06
NSE PE: 23.13
T.me/AlliesFin
ใฝarket ใฝโญโญD as on
0๏ธโฃ4๏ธโฃโ0๏ธโฃ3๏ธโฃโ2๏ธโฃ4๏ธโฃ
provisional Evening
BSE Sensex-30 (P/E 25.25) + 66 (73,872) ๐ผ๐
BSEmidcap-150 (P/E 29.21) + 3 (13,568) ๐ผ๐
BSE small cap-250 (P/E 30.78) - 32 (6,082) ๐ฝ๐
Nifty-50 (P/E 23.10) + 27 (22,406) ๐ผ๐ซค
Bank Nifty (P/E 15.70) + 159 (47,298) ๐ผ๐
Fii Cash - 0546 Crs ๐
Dii Cash + 3,543 Crs โบ๏ธ
10 Yrs G'Sec. Benchmark 7.18 GS-2033 (Rs. 100.81) YTM 7.0601 % ๐ผ๐
Call 6.49 % (6.61 %) โ๏ธโบ๏ธ
TREP 6.34 % (6.50 %) โ๏ธ๐
REPO 6.49 % (6.61 %) โ๏ธโบ๏ธ
T-Bill(3m) 6.90 % โ๏ธ๐ถ
BrntCrude 83.14 $/brl โน. 6,586 ๐ผ
Gold Comex 2,082 $/oz โน/10 gms 63,531 โ๏ธ
Silver Comex 23.35 $/oz 70,681 โน/kg โ๏ธ
$/โน 82.89๐ผ๐
โฌ/โน 89.95 ๐ฝ ๐
ยฃ/โน 105.06 ๐ฝ๐
Data Compiled
(Not Responsible for Any Error)
Baltic Dry Index + 92 (2,203) โ๏ธ
DJIA Future - 94 (38,994) ๐ฝ
US Tech 100 Future - 1 (18,302) ๐ฝ
๐ฎ๐ณ เคญเคพเคฐเคค เคฎเคพเคคเคพ เคเฅ เคเคฏ ๐ฎ๐ณ
๐ฎ๐ณ๐๐ป๐ฎ๐ณ เคตเคเคฆเฅ เคฎเคพเคคเคฐเคฎเฅ ๐ฎ๐ณ๐๐ป๐ฎ๐ณ
0๏ธโฃ4๏ธโฃโ0๏ธโฃ3๏ธโฃโ2๏ธโฃ4๏ธโฃ
provisional Evening
BSE Sensex-30 (P/E 25.25) + 66 (73,872) ๐ผ๐
BSEmidcap-150 (P/E 29.21) + 3 (13,568) ๐ผ๐
BSE small cap-250 (P/E 30.78) - 32 (6,082) ๐ฝ๐
Nifty-50 (P/E 23.10) + 27 (22,406) ๐ผ๐ซค
Bank Nifty (P/E 15.70) + 159 (47,298) ๐ผ๐
Fii Cash - 0546 Crs ๐
Dii Cash + 3,543 Crs โบ๏ธ
10 Yrs G'Sec. Benchmark 7.18 GS-2033 (Rs. 100.81) YTM 7.0601 % ๐ผ๐
Call 6.49 % (6.61 %) โ๏ธโบ๏ธ
TREP 6.34 % (6.50 %) โ๏ธ๐
REPO 6.49 % (6.61 %) โ๏ธโบ๏ธ
T-Bill(3m) 6.90 % โ๏ธ๐ถ
BrntCrude 83.14 $/brl โน. 6,586 ๐ผ
Gold Comex 2,082 $/oz โน/10 gms 63,531 โ๏ธ
Silver Comex 23.35 $/oz 70,681 โน/kg โ๏ธ
$/โน 82.89๐ผ๐
โฌ/โน 89.95 ๐ฝ ๐
ยฃ/โน 105.06 ๐ฝ๐
Data Compiled
(Not Responsible for Any Error)
Baltic Dry Index + 92 (2,203) โ๏ธ
DJIA Future - 94 (38,994) ๐ฝ
US Tech 100 Future - 1 (18,302) ๐ฝ
๐ฎ๐ณ เคญเคพเคฐเคค เคฎเคพเคคเคพ เคเฅ เคเคฏ ๐ฎ๐ณ
๐ฎ๐ณ๐๐ป๐ฎ๐ณ เคตเคเคฆเฅ เคฎเคพเคคเคฐเคฎเฅ ๐ฎ๐ณ๐๐ป๐ฎ๐ณ
*News Headlines from Business News Agencies :*
*Business Standard :*
๐ Tata Motors plans to demerge business into two separate companies
๐ Swan Energy's natural gas business arm prepays Rs 2,206 crore debt
๐ Govt's AI advisory only for large platforms, not for startups: MeitY
๐ At 4.3% in FY25, inflation may head lower than RBI forecast, estimates CMIE
๐ RBI may launch interoperable payment system for internet banking in 2024
๐ Investors should grab opportunity presented by India's growth: CEO, Deloitte South Asia
๐ Biocon Biologics gets green light to launch Yesafili biosimilar in Canada
๐ British accounting watchdog fines KPMG $1.9 mn over Saatchi audit failings
๐ Cadila Pharma launches quadrivalent influenza vaccine 'Cadiflu Tetra'
๐ Knight Frank India hires Harry Rogers as director of global capital markets
๐ Godrej Properties to develop 62 acre township project in north Bengaluru
๐ Microsoft to integrate Copilot AI in OneDrive cloud storage
*Economic Times :*
๐ Navigating travel insurance for parents visiting the USA from India
๐ EV infrastructure startup Gravity opens fastest charger in New York
๐ Sajid Nadiadwala ventures into Marathi cinema, partners with Tejaswini Pandit
๐ Nokia, Sterlite Technologies collaborate to enhance digital solutions for govt, enterprises
๐ EU antitrust chief Margrethe Vestager to hold news conference, Apple in focus
๐ Tesla has conducted site survey for Thailand EV facility, says government official
๐ Pernod Ricard India appoints Gagandeep Sethi as head of sustainability & responsibility
๐ Aon appoints Rishi Mehra as head of India
๐ Lighthouse Funds invests Rs 229 crore in Safari Industries
๐ BYD to launch its premium electric sedan, Seal, in India
๐ India likely to buy more soyoil in 2024, reduce palm oil purchases, top dealer says
*Mint :*
๐ Moody's upgrades India's 2024 GDP growth forecast to 6.8%
๐ RIL plans foray into pumped storage projects amid energy transition push
๐ Latin America's largest lender Itau eyes a share of India's banking pie
๐ JSLโs Hisar plant to be hub for green hydrogen production
๐ Two-wheeler exports got a jump-start in February.
๐ Italian luxury shoe brand Santoni to expand presence in India
๐ Edtech firms bet on upskilling, higher education amid funding gloom
๐ Google calls off contract with YouTube Music team that demanded better pay
๐ LIC Housing Finance plans to raise funds through green bonds in FY25
๐ MOIL achieved record production in February 2024, with sales growing by 18% YoY.
๐ India to swap 2.5m tonnes of conventional urea with nano urea in FY24: Minister
๐ EaseMyTrip, PNB collaborate to introduce PNB EMT co-branded credit card
*Business Standard :*
๐ Tata Motors plans to demerge business into two separate companies
๐ Swan Energy's natural gas business arm prepays Rs 2,206 crore debt
๐ Govt's AI advisory only for large platforms, not for startups: MeitY
๐ At 4.3% in FY25, inflation may head lower than RBI forecast, estimates CMIE
๐ RBI may launch interoperable payment system for internet banking in 2024
๐ Investors should grab opportunity presented by India's growth: CEO, Deloitte South Asia
๐ Biocon Biologics gets green light to launch Yesafili biosimilar in Canada
๐ British accounting watchdog fines KPMG $1.9 mn over Saatchi audit failings
๐ Cadila Pharma launches quadrivalent influenza vaccine 'Cadiflu Tetra'
๐ Knight Frank India hires Harry Rogers as director of global capital markets
๐ Godrej Properties to develop 62 acre township project in north Bengaluru
๐ Microsoft to integrate Copilot AI in OneDrive cloud storage
*Economic Times :*
๐ Navigating travel insurance for parents visiting the USA from India
๐ EV infrastructure startup Gravity opens fastest charger in New York
๐ Sajid Nadiadwala ventures into Marathi cinema, partners with Tejaswini Pandit
๐ Nokia, Sterlite Technologies collaborate to enhance digital solutions for govt, enterprises
๐ EU antitrust chief Margrethe Vestager to hold news conference, Apple in focus
๐ Tesla has conducted site survey for Thailand EV facility, says government official
๐ Pernod Ricard India appoints Gagandeep Sethi as head of sustainability & responsibility
๐ Aon appoints Rishi Mehra as head of India
๐ Lighthouse Funds invests Rs 229 crore in Safari Industries
๐ BYD to launch its premium electric sedan, Seal, in India
๐ India likely to buy more soyoil in 2024, reduce palm oil purchases, top dealer says
*Mint :*
๐ Moody's upgrades India's 2024 GDP growth forecast to 6.8%
๐ RIL plans foray into pumped storage projects amid energy transition push
๐ Latin America's largest lender Itau eyes a share of India's banking pie
๐ JSLโs Hisar plant to be hub for green hydrogen production
๐ Two-wheeler exports got a jump-start in February.
๐ Italian luxury shoe brand Santoni to expand presence in India
๐ Edtech firms bet on upskilling, higher education amid funding gloom
๐ Google calls off contract with YouTube Music team that demanded better pay
๐ LIC Housing Finance plans to raise funds through green bonds in FY25
๐ MOIL achieved record production in February 2024, with sales growing by 18% YoY.
๐ India to swap 2.5m tonnes of conventional urea with nano urea in FY24: Minister
๐ EaseMyTrip, PNB collaborate to introduce PNB EMT co-branded credit card
๐ฎ๐ณIndia Daybook Stocks in News
*Garden Reach:* in pact with Indian Register of Shipping to develop green energy, autonomous vessels. (Positive)
*Jindal Stainless:* Company begins use of Green Hydrogen in Hisarโs Stainless Steel Plant in partnership with Hygenco (Positive)
*EaseMyTrip:* Company and PNB collaborate to introduce PNB EMT co-branded credit card (Positive)
*KIMS to enter into definitive agreements for taking land on 99-year lease. (Positive)
*Tata Motors:* Company to spin-off business in two listed companies (Positive)
*Cyient:* Company in pact with Mass Medic for medtech innovation. (Positive)
*LTI Mindtree:* Company's product division Fosfor announces launch of Fosf or Decision. (Positive)
*Jio Financial:* Companyโs promoters Sikka Ports & Terminals, Jamnagar Utilities & Power to acquire up to 14 crore shares of company. (Positive)
*NTPC:* Green Energy unit signs JV agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam. (Positive)
*Tanla Solutions:* Launches messaging-as-a-platform for telecom companies to report Google Rich Business Messaging. (Positive)
*NBCC:* Companyโs unit awarded work order worth 920m rupees (Positive)
*BEL/BEML/Mishra Dhatu:* Signed MOUs for indigenous development of advanced fueling & control system for engines for heavy duty applications. (Positive)
*Elgi Rubber:* Company says ops at co's reclaimed rubber manufacturing plant in Tamilnadu fully resumed (Positive)
*Brigade:* Company launched dioro at Brigade El Dorado (Positive)
*CL Educate:* Mathew Cyriac bought 10,35,000 Shares at Rs 88/ Share (Positive)
*Ashiana housing:* Company says that converted 63 units into booking of project "one44". (Positive)
*Thomas Cook:* Company has acquired a 50% stake in 500 FT Investment L.L.C, UAE, to establish a travel-related business (Positive)
*AGS Transact:* Company partners with Patanjali Ayurved Limited to launch open-loop Cobranded Rupay Prepaid Cards (Positive)
*Au Small Bank;* RBI approves merger of Fincare Small Finance Bank with AU Small Finance Bank (Positive)
*Power Companies:* Peak power demand in country estimated to rise by 7% year-on-year to 260 Gigawatts this summer. (Positive)
*Infibeam:* Gets RBI's final authorisation to operate as a Payment Aggregator for its payment gateway brand - CCAvenue. (Positive)
*Park Hotels:* PAT at Rs 27.42 cr versus Rs 18.77 cr; total income at Rs 164 cr versus Rs 143.0 cr. (Positive)
*Lodha:* Co launches QIP worth Rs 3300 cr, QIP indicative price at Rs 1098 per share. (Neutral)
*Reliance Ind:* Company says Saab to set up weapon system plant at MET City: Agencies (Neutral)
*Ritco Logistics:* Company's board approves raising up to Rs 120 crore via QIP (Neutral)
*Bajaj Auto:* Buyback to open for bid from 06th March to 13th March 2024. (Neutral)
*ISMT:* Board meet On 7-March to consider interim Dividend. (Neutral)
*Kirloskar Ferrous:* Board meet On 7-March to consider interim Dividend. (Neutral)
*IIFL Finance:* RBI directs IIFL Finance to cease and desist from sanctioning or disbursing gold loans or assigning/ securitising/ selling any of its gold loans with immediate effect
*Garden Reach:* in pact with Indian Register of Shipping to develop green energy, autonomous vessels. (Positive)
*Jindal Stainless:* Company begins use of Green Hydrogen in Hisarโs Stainless Steel Plant in partnership with Hygenco (Positive)
*EaseMyTrip:* Company and PNB collaborate to introduce PNB EMT co-branded credit card (Positive)
*KIMS to enter into definitive agreements for taking land on 99-year lease. (Positive)
*Tata Motors:* Company to spin-off business in two listed companies (Positive)
*Cyient:* Company in pact with Mass Medic for medtech innovation. (Positive)
*LTI Mindtree:* Company's product division Fosfor announces launch of Fosf or Decision. (Positive)
*Jio Financial:* Companyโs promoters Sikka Ports & Terminals, Jamnagar Utilities & Power to acquire up to 14 crore shares of company. (Positive)
*NTPC:* Green Energy unit signs JV agreement with Uttar Pradesh Rajya Vidyut Utpadan Nigam. (Positive)
*Tanla Solutions:* Launches messaging-as-a-platform for telecom companies to report Google Rich Business Messaging. (Positive)
*NBCC:* Companyโs unit awarded work order worth 920m rupees (Positive)
*BEL/BEML/Mishra Dhatu:* Signed MOUs for indigenous development of advanced fueling & control system for engines for heavy duty applications. (Positive)
*Elgi Rubber:* Company says ops at co's reclaimed rubber manufacturing plant in Tamilnadu fully resumed (Positive)
*Brigade:* Company launched dioro at Brigade El Dorado (Positive)
*CL Educate:* Mathew Cyriac bought 10,35,000 Shares at Rs 88/ Share (Positive)
*Ashiana housing:* Company says that converted 63 units into booking of project "one44". (Positive)
*Thomas Cook:* Company has acquired a 50% stake in 500 FT Investment L.L.C, UAE, to establish a travel-related business (Positive)
*AGS Transact:* Company partners with Patanjali Ayurved Limited to launch open-loop Cobranded Rupay Prepaid Cards (Positive)
*Au Small Bank;* RBI approves merger of Fincare Small Finance Bank with AU Small Finance Bank (Positive)
*Power Companies:* Peak power demand in country estimated to rise by 7% year-on-year to 260 Gigawatts this summer. (Positive)
*Infibeam:* Gets RBI's final authorisation to operate as a Payment Aggregator for its payment gateway brand - CCAvenue. (Positive)
*Park Hotels:* PAT at Rs 27.42 cr versus Rs 18.77 cr; total income at Rs 164 cr versus Rs 143.0 cr. (Positive)
*Lodha:* Co launches QIP worth Rs 3300 cr, QIP indicative price at Rs 1098 per share. (Neutral)
*Reliance Ind:* Company says Saab to set up weapon system plant at MET City: Agencies (Neutral)
*Ritco Logistics:* Company's board approves raising up to Rs 120 crore via QIP (Neutral)
*Bajaj Auto:* Buyback to open for bid from 06th March to 13th March 2024. (Neutral)
*ISMT:* Board meet On 7-March to consider interim Dividend. (Neutral)
*Kirloskar Ferrous:* Board meet On 7-March to consider interim Dividend. (Neutral)
*IIFL Finance:* RBI directs IIFL Finance to cease and desist from sanctioning or disbursing gold loans or assigning/ securitising/ selling any of its gold loans with immediate effect
๐1
Market Update
@AlliesFin
Gift Nifty +9 pts
Gift Nifty 22509
(22500 Nifty Fut Clsd)
*Dow -97.55 pts*
Nsdq -67.43 pts, S&P
-6.13 pts , Bovespa -839 pts , Ftse -42 pts , Dax -18 pts , Cac +22 pts ,Nikkei -169 now ,Crude @ $78.74 brl (+0.00), Brent @ $82.84 brl (-0.71) , Gold @ 2123.70 (-2.60), Silver $24.155 (+0.00), Euro @ $1.0843, JPY @ $150.49, INR @ 82.902
*Today's Corporate Action*
*5th Mar Ex Date*
CGCL
Stock Split From Rs.2/- to Rs.1/-
CGCL
Bonus issue 1:1
VMS
E.G.M.
*Today's Key Results/Board Meetings*
*05-Mar-24*
BAIDFIN
Increase in Authorised Capital
BHAGCHEM
Stock Split
BLUECHIPT
General
MARBLE
Quarterly Results
MFSINTRCRP
Quarterly Results;General
ROSEMER
Issue Of Warrants;Preferential Issue of shares;General
ROYALIND
Issue Of Warrants;Preferential Issue of shares
SHISHIND
Issue Of Warrants;Preferential Issue of shares;General
SMAUTO
General
SPVGLOBAL
Voluntary Delisting of Shares;General
TRIMURTHI
Preferential Issue of shares
VIPULLTD
Issue Of Warrants;Preferential Issue of shares
*Stock under F&O ban on NSE*
*05-Mar-24*
1 ZEEL
@AlliesFin
Gift Nifty +9 pts
Gift Nifty 22509
(22500 Nifty Fut Clsd)
*Dow -97.55 pts*
Nsdq -67.43 pts, S&P
-6.13 pts , Bovespa -839 pts , Ftse -42 pts , Dax -18 pts , Cac +22 pts ,Nikkei -169 now ,Crude @ $78.74 brl (+0.00), Brent @ $82.84 brl (-0.71) , Gold @ 2123.70 (-2.60), Silver $24.155 (+0.00), Euro @ $1.0843, JPY @ $150.49, INR @ 82.902
*Today's Corporate Action*
*5th Mar Ex Date*
CGCL
Stock Split From Rs.2/- to Rs.1/-
CGCL
Bonus issue 1:1
VMS
E.G.M.
*Today's Key Results/Board Meetings*
*05-Mar-24*
BAIDFIN
Increase in Authorised Capital
BHAGCHEM
Stock Split
BLUECHIPT
General
MARBLE
Quarterly Results
MFSINTRCRP
Quarterly Results;General
ROSEMER
Issue Of Warrants;Preferential Issue of shares;General
ROYALIND
Issue Of Warrants;Preferential Issue of shares
SHISHIND
Issue Of Warrants;Preferential Issue of shares;General
SMAUTO
General
SPVGLOBAL
Voluntary Delisting of Shares;General
TRIMURTHI
Preferential Issue of shares
VIPULLTD
Issue Of Warrants;Preferential Issue of shares
*Stock under F&O ban on NSE*
*05-Mar-24*
1 ZEEL
POSSIBLY PROFIT BOOKING SEEN IN I.T SECTOR DUE TO THIS UPDATE BY CLSA @ALLIESFIN
*Instl. Investors EQUITY Cash Trades PROV. - 05/03/2024 : Rs. CRS. :*
*FIIS : BUY +574 (15,215-14,641)*
*DIIS : BUY +1,834 (11,888-10,054)*
*FIIS : BUY +574 (15,215-14,641)*
*DIIS : BUY +1,834 (11,888-10,054)*
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 05-03-2024 :
@AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -23012* ๐ญ
*INDEX FUT. : -1401*
*INDEX OPT. : -16270*
*STOCK FUT. : -4537*
*STOCK OPT. : -803*
*SEC. IN BAN FOR, 06.MAR, 2024 :*
*1. Zeel*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 05-MAR-2024 :*
*FIIS : BUY +574 (15,215-14,641)* ๐
*DIIS : BUY +1,834 (11,888-10,054)* ๐
*BSE SENSEX : -195 (73,677)๐ฝ*
*NSE NIFTY : -49 (22,356)๐ฝ*
*BSE MIDCAP. -68 (39,958)*๐ฝ
*BSE SMLCAP. : -288 (45,207)*๐ฝ
*B. CRUDE : $ 82.94* ๐ฝ๐
*GOLD: $ 2,126=INR 63,770(10gr)*๐ผ๐
*SILVER : RS. 74,700 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 82.89 โ๏ธ ๐ณ*
*7.18% GOI '33: 7.0567%(100.8325)๐ฝ๐*
*7.18% GOI '37: 7.1067% (100.6150)๐ฝ๐*
@AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -23012* ๐ญ
*INDEX FUT. : -1401*
*INDEX OPT. : -16270*
*STOCK FUT. : -4537*
*STOCK OPT. : -803*
*SEC. IN BAN FOR, 06.MAR, 2024 :*
*1. Zeel*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 05-MAR-2024 :*
*FIIS : BUY +574 (15,215-14,641)* ๐
*DIIS : BUY +1,834 (11,888-10,054)* ๐
*BSE SENSEX : -195 (73,677)๐ฝ*
*NSE NIFTY : -49 (22,356)๐ฝ*
*BSE MIDCAP. -68 (39,958)*๐ฝ
*BSE SMLCAP. : -288 (45,207)*๐ฝ
*B. CRUDE : $ 82.94* ๐ฝ๐
*GOLD: $ 2,126=INR 63,770(10gr)*๐ผ๐
*SILVER : RS. 74,700 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 82.89 โ๏ธ ๐ณ*
*7.18% GOI '33: 7.0567%(100.8325)๐ฝ๐*
*7.18% GOI '37: 7.1067% (100.6150)๐ฝ๐*
GIFT Nifty -15 pts (22422) from last trade 22437 ,
Nikkei -96 pts ,
Hangseng +5 pts ,
Dow -404.64 pts ,Nsdq -267.92 pts, S&P
-52.30 pts , Bovespa -242 pts , Ftse +5 pts , Dax -17 pts , Cac -23 pts , Crude @ $78.20 brl (+0.05), Brent @ $82.08 brl (-0.72) , Gold @ 2135.30 (-6.60), Silver $23.855 (+0.00), Euro @ $1.0857, JPY @ $149.90, INR @ 82.885
*Today's Corporate Action*
*6th Mar Ex Date*
DCMSHRIRAM
Interim Dividend - Rs. - 4.0000
MARICO
Interim Dividend - Rs. - 6.5000
SAHARA
E.G.M.
*Today's Key Results/Board Meetings*
*06-Mar-24*
BATLIBOI
Preferential Issue of shares
CELESTIAL
Quarterly Results
CMMHOSP
General
EUROLED
General
GORANIN
General
INDGELA
Interim Dividend
IZMO
General
LLOYDSENGG
Employees Stock Option Plan;General
RONI
Preferential Issue of shares;General
SUDARSCHEM
Interim Dividend
*Stock under F&O ban on NSE*
*06-Mar-24*
1 ZEEL
Nikkei -96 pts ,
Hangseng +5 pts ,
Dow -404.64 pts ,Nsdq -267.92 pts, S&P
-52.30 pts , Bovespa -242 pts , Ftse +5 pts , Dax -17 pts , Cac -23 pts , Crude @ $78.20 brl (+0.05), Brent @ $82.08 brl (-0.72) , Gold @ 2135.30 (-6.60), Silver $23.855 (+0.00), Euro @ $1.0857, JPY @ $149.90, INR @ 82.885
*Today's Corporate Action*
*6th Mar Ex Date*
DCMSHRIRAM
Interim Dividend - Rs. - 4.0000
MARICO
Interim Dividend - Rs. - 6.5000
SAHARA
E.G.M.
*Today's Key Results/Board Meetings*
*06-Mar-24*
BATLIBOI
Preferential Issue of shares
CELESTIAL
Quarterly Results
CMMHOSP
General
EUROLED
General
GORANIN
General
INDGELA
Interim Dividend
IZMO
General
LLOYDSENGG
Employees Stock Option Plan;General
RONI
Preferential Issue of shares;General
SUDARSCHEM
Interim Dividend
*Stock under F&O ban on NSE*
*06-Mar-24*
1 ZEEL
Today's Headlines
*Economic Times*
๐ Banks turn to bulk deposits to meet credit demand on tepid retail FDs
๐ Reliance Capital lenders' counsel asks Hindujas to roll out IBC plan
๐ Promoter sells 5.2% stake in Aavas Financiers via open market for Rs 570 crore
๐ Big Basket aims to turn profitable in 8 months; eyeing IPO in 2025
๐ Matrix Gas & Renewables raises Rs 350 cr in pre-IPO round
๐ States borrowing cost falls to 32-week low of 7.40 percent
๐ Services sector PMI eases in Feb to 60.6 from 61.8 in Jan
๐ Alok Ind raises Rs 7,000 cr from RIL, two banks for expansion & repayment of high cost debt
๐ Cybersecurity startup Axonius raises $200 million from returning investors
๐ GenAI startup Ema secures $25 million in funding led by Accel, Prosus
๐ Exly raises $6.2 million in latest funding round led by Chiratae Ventures
๐ HCL Group invests Rs 166 crore in edtech firm Education Initiatives
*Business Standard*
๐ Bloomberg to add Indian bonds to emerging market indices in January 2025
๐ RBI bars JM Financial from financing against debentures and shares
๐ Paytm will overcome regulatory setbacks, says Vijay Shekhar Sharma
๐ Adani Power receives creditors' approval for Lanco Amarkantak Power buy
๐ On road to IPO, Udaan saw sales of over 2.25 billion products in 2023
๐ Byju's investors file caveats in SC expecting challenge to NCLT's order
๐ GE Healthcare plans to launch 40 new products across the spectrum
๐ CIEL Group acquires strategic stake in Courseplay, plans IPO in FY25
๐ More than 2,500 fraud connections being cut daily, say DoT officials
๐ Banking system liquidity goes into surplus mode after three months
๐ Govt notifies FDI norms for space; move may bring in $44 bn by 2033
๐ MCA starts comprehensive review of auditing standards regulations
๐ BSE may buy out S&P Dow Jones Indices' entire 50% stake in joint venture
*Financial Express*
๐ TCS, Infosys face election uncertainty in UK, US: CLSA
๐ mPokket raises Rs 500 crore debt from BPEA Credit
๐ Wipro partners with General Motors, Magna to develop automotive software marketplace, SDVerse
๐ BHEL receives Rs 9500 crore order from NTPC for Singrauli Super Thermal Power Project expansion
๐ Securitisation of loans originated by small finance banks to cross Rs 10,000 cr in FY2024, says ICRA
๐ Tata Power Solar Systems, Union Bank renew partnership to offer financing solutions
๐ FCI may raise Rs 15,000-cr short-term loan this fiscal
๐ 30 banks join RBI UDGAM portal for unclaimed deposits
*Mint*
๐ Sibanye Reports $2 Billion Loss After US Mine Impairment
๐ Gopal Snacks IPO: Rajkot-based company raises โน194 crore from anchor investors
๐ Indians buy gold bonds worth a record โน8,000 cr in February
๐ Sri Lanka's debt restructuring plan could be completed by June: Officials
๐ Greenko acquires GI Hydro's Sikkim project for enterprise value of โน1,000 cr
๐ PM Modi unveils development projects worth โน19,600 cr in Odisha's Chandikhole
๐ Swiggy partners IRCTC to provide food delivery service on Indian Railways
๐ Govt likely to consider tax cuts on flex-fuel vehicles
*Economic Times*
๐ Banks turn to bulk deposits to meet credit demand on tepid retail FDs
๐ Reliance Capital lenders' counsel asks Hindujas to roll out IBC plan
๐ Promoter sells 5.2% stake in Aavas Financiers via open market for Rs 570 crore
๐ Big Basket aims to turn profitable in 8 months; eyeing IPO in 2025
๐ Matrix Gas & Renewables raises Rs 350 cr in pre-IPO round
๐ States borrowing cost falls to 32-week low of 7.40 percent
๐ Services sector PMI eases in Feb to 60.6 from 61.8 in Jan
๐ Alok Ind raises Rs 7,000 cr from RIL, two banks for expansion & repayment of high cost debt
๐ Cybersecurity startup Axonius raises $200 million from returning investors
๐ GenAI startup Ema secures $25 million in funding led by Accel, Prosus
๐ Exly raises $6.2 million in latest funding round led by Chiratae Ventures
๐ HCL Group invests Rs 166 crore in edtech firm Education Initiatives
*Business Standard*
๐ Bloomberg to add Indian bonds to emerging market indices in January 2025
๐ RBI bars JM Financial from financing against debentures and shares
๐ Paytm will overcome regulatory setbacks, says Vijay Shekhar Sharma
๐ Adani Power receives creditors' approval for Lanco Amarkantak Power buy
๐ On road to IPO, Udaan saw sales of over 2.25 billion products in 2023
๐ Byju's investors file caveats in SC expecting challenge to NCLT's order
๐ GE Healthcare plans to launch 40 new products across the spectrum
๐ CIEL Group acquires strategic stake in Courseplay, plans IPO in FY25
๐ More than 2,500 fraud connections being cut daily, say DoT officials
๐ Banking system liquidity goes into surplus mode after three months
๐ Govt notifies FDI norms for space; move may bring in $44 bn by 2033
๐ MCA starts comprehensive review of auditing standards regulations
๐ BSE may buy out S&P Dow Jones Indices' entire 50% stake in joint venture
*Financial Express*
๐ TCS, Infosys face election uncertainty in UK, US: CLSA
๐ mPokket raises Rs 500 crore debt from BPEA Credit
๐ Wipro partners with General Motors, Magna to develop automotive software marketplace, SDVerse
๐ BHEL receives Rs 9500 crore order from NTPC for Singrauli Super Thermal Power Project expansion
๐ Securitisation of loans originated by small finance banks to cross Rs 10,000 cr in FY2024, says ICRA
๐ Tata Power Solar Systems, Union Bank renew partnership to offer financing solutions
๐ FCI may raise Rs 15,000-cr short-term loan this fiscal
๐ 30 banks join RBI UDGAM portal for unclaimed deposits
*Mint*
๐ Sibanye Reports $2 Billion Loss After US Mine Impairment
๐ Gopal Snacks IPO: Rajkot-based company raises โน194 crore from anchor investors
๐ Indians buy gold bonds worth a record โน8,000 cr in February
๐ Sri Lanka's debt restructuring plan could be completed by June: Officials
๐ Greenko acquires GI Hydro's Sikkim project for enterprise value of โน1,000 cr
๐ PM Modi unveils development projects worth โน19,600 cr in Odisha's Chandikhole
๐ Swiggy partners IRCTC to provide food delivery service on Indian Railways
๐ Govt likely to consider tax cuts on flex-fuel vehicles
๐ฎ๐ณIndia Daybook Stocks in News
@AlliesFin
*NHPC:* Company starts work on 1,200 MW Jalaun Ultra Renewable Energy Power Park in Uttar Pradesh (Positive)
*Indiabulls Housing Finance:* Moody's upgrades long-term rating to B2 from B3; Outlook remains stable (Positive)
*JKumar Infra:* JV gets order from #BMC for construction project worth Rs 1,330 crore. (Positive)
*Jubilant Ingrevia:* Company commissions multipurpose agro active & intermediate plant via wholly-owned subsidiary in Gujarat (Positive)
*Westlife Food:* FSSAI verifies McDonald's India uses 100% real cheese. (Positive)
*Wipro:* Company acquires 27% stake in SD Verse LLC for $5.85 m. (Positive)
*Allied Digital:* Company bags order worth โน190 crore for MIDC Taloja Smart Industrial City Project. (Positive)
*Power Mech:* Company bags order worth โน658.57 crore from Madhya Pradesh Government & Gujarat Mineral Development Corporation. (Positive)
*Man Industries:* Company received API Certification for manufacturing electric resistance welded pipes. (Positive)
*Coal India:* Companyโs unit South Eastern Coalfield's Gevra Mine set to become largest coal mine in Asia. (Positive)
*Sonata Software:* Company to open delivery center in Poland to address growing demands from global clients. (Positive)
*Bhagiradha Chemicals:* Company to split each share into 10 shares (Positive)
*Havells:* Company plans to add kitchen appliances to portfolio. (Positive)
*AB Fashion:* Caladium Investment exercises right to convert all 6.6 crore warrants into equity shares. (Positive)
*IRCTC:* Company signs MoU with Swiggy to provide pre-ordered meals to passengers via IRCTC e-Catering Services (Positive)
*JSW Energy:* Subsidiary signs battery energy storage purchase agreement (BESPA) for the first project of 250 MW / 500 MWh battery energy storage system (Positive)
*Indiabulls Real Estate:* Company gets MIDCโs vacation order for a plot in Nashik SEZ (Positive)
*Alok Ind;* Company secures Rs 7,000 Cr Funding From Reliance Industries, Axis Bank, And State Bank Of India (Positive)
*Coal India:* Gets environmental clearance to expand production capacity in Gevra Mine (Positive)
*Aavas Fin:* SBI Mutual Fund, Amansa Capital invest Rs 1,186 crore after promoters pare stake. (Positive)
*Torrent Pharma:* USFDA issues Establishment Inspection Report (EIR) for Gujarat's Oral-Oncology Manufacturing facility. (Positive)
*Zomato:* ALIBABA Unit Antfin to sell Rs 2800 cr worth shares in co via block deal. (Neutral)
*Wipro:* Company acquires 27% stake in SD Verse LLC for $5.85 m (Neutral)
*SBI Life Insurance:* Board to consider payment of interim dividend on March 10. (Neutral)
*SAMIL:* Japan's Sumitomo Wiring Systems to sell 4.4% stake at a discount of 2% (Neutral)
*REC:* Board meeting scheduled on March 16 to consider an interim dividend. (Neutral)
*Bharat Forge:* Company to invest Rs 179.9 crore in arm Bharat Forge Global Holding in the form of capital reserve. (Neutral)
*Bank of India:* Invests Rs 60.35 crore in National Asset Reconstruction Company under preferential share issuance. (Neutral)
*ONGC:* Board approves additional investment of Rs 99 crore in unit ONGC Green. (Neutral)
*Tata Technologies:* Company appoints S. Sukanya as Chief Operating Officer (Neutral)
*Mahanagar Gas:* Company cuts CNG price in Mumbai by Rs 2.50/Kg to Rs 73.50. (Neutral)
*Bharti Airtel:* Approves allotment of 5.68 mn shares to FCCB holders at conversion rate of โน518/sh. (Neutral)
*CG Power:* Company gets โน190 cr income tax demand notice for FY22
*JM Financial:* RBI: Deficiencies found in companyโs loans for NCDs; to conduct special audit
@AlliesFin
*NHPC:* Company starts work on 1,200 MW Jalaun Ultra Renewable Energy Power Park in Uttar Pradesh (Positive)
*Indiabulls Housing Finance:* Moody's upgrades long-term rating to B2 from B3; Outlook remains stable (Positive)
*JKumar Infra:* JV gets order from #BMC for construction project worth Rs 1,330 crore. (Positive)
*Jubilant Ingrevia:* Company commissions multipurpose agro active & intermediate plant via wholly-owned subsidiary in Gujarat (Positive)
*Westlife Food:* FSSAI verifies McDonald's India uses 100% real cheese. (Positive)
*Wipro:* Company acquires 27% stake in SD Verse LLC for $5.85 m. (Positive)
*Allied Digital:* Company bags order worth โน190 crore for MIDC Taloja Smart Industrial City Project. (Positive)
*Power Mech:* Company bags order worth โน658.57 crore from Madhya Pradesh Government & Gujarat Mineral Development Corporation. (Positive)
*Man Industries:* Company received API Certification for manufacturing electric resistance welded pipes. (Positive)
*Coal India:* Companyโs unit South Eastern Coalfield's Gevra Mine set to become largest coal mine in Asia. (Positive)
*Sonata Software:* Company to open delivery center in Poland to address growing demands from global clients. (Positive)
*Bhagiradha Chemicals:* Company to split each share into 10 shares (Positive)
*Havells:* Company plans to add kitchen appliances to portfolio. (Positive)
*AB Fashion:* Caladium Investment exercises right to convert all 6.6 crore warrants into equity shares. (Positive)
*IRCTC:* Company signs MoU with Swiggy to provide pre-ordered meals to passengers via IRCTC e-Catering Services (Positive)
*JSW Energy:* Subsidiary signs battery energy storage purchase agreement (BESPA) for the first project of 250 MW / 500 MWh battery energy storage system (Positive)
*Indiabulls Real Estate:* Company gets MIDCโs vacation order for a plot in Nashik SEZ (Positive)
*Alok Ind;* Company secures Rs 7,000 Cr Funding From Reliance Industries, Axis Bank, And State Bank Of India (Positive)
*Coal India:* Gets environmental clearance to expand production capacity in Gevra Mine (Positive)
*Aavas Fin:* SBI Mutual Fund, Amansa Capital invest Rs 1,186 crore after promoters pare stake. (Positive)
*Torrent Pharma:* USFDA issues Establishment Inspection Report (EIR) for Gujarat's Oral-Oncology Manufacturing facility. (Positive)
*Zomato:* ALIBABA Unit Antfin to sell Rs 2800 cr worth shares in co via block deal. (Neutral)
*Wipro:* Company acquires 27% stake in SD Verse LLC for $5.85 m (Neutral)
*SBI Life Insurance:* Board to consider payment of interim dividend on March 10. (Neutral)
*SAMIL:* Japan's Sumitomo Wiring Systems to sell 4.4% stake at a discount of 2% (Neutral)
*REC:* Board meeting scheduled on March 16 to consider an interim dividend. (Neutral)
*Bharat Forge:* Company to invest Rs 179.9 crore in arm Bharat Forge Global Holding in the form of capital reserve. (Neutral)
*Bank of India:* Invests Rs 60.35 crore in National Asset Reconstruction Company under preferential share issuance. (Neutral)
*ONGC:* Board approves additional investment of Rs 99 crore in unit ONGC Green. (Neutral)
*Tata Technologies:* Company appoints S. Sukanya as Chief Operating Officer (Neutral)
*Mahanagar Gas:* Company cuts CNG price in Mumbai by Rs 2.50/Kg to Rs 73.50. (Neutral)
*Bharti Airtel:* Approves allotment of 5.68 mn shares to FCCB holders at conversion rate of โน518/sh. (Neutral)
*CG Power:* Company gets โน190 cr income tax demand notice for FY22
*JM Financial:* RBI: Deficiencies found in companyโs loans for NCDs; to conduct special audit