*TATA CONSULTANCY 4Q NET 99.3B RUPEES, EST. 100.55B RUPEES*
*TATA CONSULTANCY 4Q REV. 505.9B RUPEES, EST. 503.56B RUPEES
*TCS 4Q EMPLOYEE COST 283.5B RUPEES
*TCS SAYS INCREMENTAL ATTRITION HAS MODERATED
*TATA CONSULTANCY DIV/SHR 22 RUPEES*

TCS Q4FY22
$Rev up 2.6% at $6696m
*CC Rev at 3.2%*
*$11.3Bln order win Highest ever TCV*
2 mega deals signed in Q4 totalling $1BLn
#tcs #alliesfin #nse #tatagroup #tatasons

Business News Headlines🇮🇳

Economic Times :

Ø ZEE to scale up movie business, eyes up to Rs 2,500 cr revenue from Studio in FY23

Ø Torrent, JB Chemicals in final race to acquire Curatio Healthcare

Ø Ruchi Soya repays entire loans of Rs 2,925 cr

Ø Sebi comes out with risk management framework for electronic gold receipts

Ø Godrej Industries launches Godrej Capital; to invest Rs 1,500 cr

Ø Vijay Kedia adds stake in Elecon Engineering in Q4

Ø CPPIB-led InvIT set to buy Brookfield's India road business

Ø TCS exhibits strong demand traction, adds record annual incremental revenue in FY22

Ø Food prices likely pushed India inflation to 16-month high in March, says poll

Ø RBI says 22 NBFCs have surrendered their registration certificates

Ø High 5G spectrum prices may push players up against the wall: COAI DG

Ø Sri Lanka crisis sends global demand for Indian textiles and teas soaring

Ø Oil falls, pressured by China lockdowns, reserves release

Ø At $30.3 billion, mergers and acquisitions hit four-year high in March quarter


Business Standard :

Ø TRAI recommends over 35% cut in prime 5G spectrum base price

Ø Reserve Bank introduces principles for mid, large NBFCs

Ø Exports of basmati rice fall over drop in acreage, loss of markets

Ø 21 of the 34 states and UTs record rise in discom dues in last two years

Ø KKR signs deal to buy 10% stake in Shriram Gen Insurance for Rs 1,800 cr

Ø NSE to reintroduce 'do not exercise' facility for stock options on Apr 20

Ø Domestic air traffic up 59% in FY22, 40% lower than pre-Covid level: Icra

Ø Reserve Bank of India imposes penalties on three cooperative banks

Ø Shell to set up LNG stations, bullish on gas market in India

Ø Jaguar Land Rover sales decline 36% in Q4 as semiconductor woes continue

Ø IDFC MF deal latest in series of M&As in the RS 38-trillion industry

Ø FM to meet PSBs' heads on Apr 23 to nudge them for credit expansion


Financial Express :

Ø JSW Utkal Steel gets environmental nod for 13.2 MTPA plant in Odisha

Ø Adani Green becomes 10th most-valued company with m-cap of Rs 4.22 lakh crore

Ø Elon Musk decides not to join Twitter board; CEO Parag Agrawal says it’s ‘for the best’

Ø Shell says Russia exit has already cost $5 billion

Ø Sebi forms working groups to review criteria for MF sponsors
Ø Subsidy on ‘decontrolled’ fertilisers to be hiked again

Ø Individual investors can use UPI for up to Rs 5 lakh payment in public issues

Ø SEBI inching ahead to set up Social Stock Exchange

Ø Future Enterprises defaults on Rs 19.16 crore loan repayment

Ø No extension of GST aid to states, says Centre

Ø Oil drops below $100 on reserves release and China lockdowns

Mkt. Updates :

SGX Nifty -138 pts (17590) from last trade 17728 ,

Nikkei -300 pts ,
Hangseng +71 pts ,
Now @6.54am .

Dow -413.04 pts ,Nsdq -299.04 pts, S&P
-75.75 pts , Bovespa -1369 pts , Ftse -51 pts , Dax -90 pts , Cac +7 pts , Crude @ $95.51 brl (+1.22), Brent @ $99.56 brl (+1.08) , Gold @ 1954.90(+6.70), Silver @ $25.205 (+0.21), Euro @ $1.0871, JPY @ $124.43, INR @ 75.815


US GOVT. 10-YEAR YIELD : 2.83%

Today's Corporate Action, 12 Apr Ex Date :

ADCON
Stock Split From Rs.10/- to Rs.1/-
ARIHCAPM
Stock Split From Rs.5/- to Rs.1/-
BALFC
Stock Split From Rs.10/- to Rs.2/-
JYOTISTRUC
E.G.M.
SANOFI
Final Dividend - Rs. - 181.0000
SANOFI
Special Dividend - Rs. - 309.0000
WORL
Bonus issue 2:1


Today's Key Results/Board Meetings, 12-Apr-22 :

ANANDRATHI
Final Dividend;Audited Results
EVEXIA
General;Audited Results
GAYATRIBI
Audited Results
GMBREW
Final Dividend;Audited Results
HATHWAY
Audited Results
JAYKAY
Preferential Issue of shares
SIMPLEXINF
Preferential Issue of shares
SUPRAP
General
TANVI
Increase in Authorised Capital;General;Bonus issue
TINPLATE
Dividend;Audited Results


SEC IN F&O BAN FOR, 12 April, 2022 :

1. RBLBANK 2. DELTACORP

ADDITION : DELTACORP
DELETION : NIL

STOCK MARKETS LESSONS NOW IN SCHOOL AT MUMBAI #alliesfin #bse #timesnow

12/4/2022
BSE:-388(58576)
NSE:-144(17530)
MID:-369(25037)
SML:-438(29441)
FII|FPI:-3128Cr
DII:+870Cr
B.Crude: 102
Gold$:1956=INR:52516
Silver: 67828
#alliesfin
$/Rs: 76.13
6.54 : 2032 G-Sec: 7.18
NSE PE: 23.01
t.me/AlliesFin

Mkt. Updates :

SGX Nifty -238 pts (17268) from Wednesday last trade 17506 ,

Nikkei -532 pts ,
Hangseng clsd ,
Now @6.53am .

Dow -113.36 pts ,Nsdq -292.51 pts, S&P
-54.00 pts , Bovespa -600 pts , Ftse +35 pts , Dax +87 pts , Cac +47 pts , Crude @ $108.00 brl (+1.05), Brent @ $113.19 brl (+0.86) , Gold @ 1967.50(-8.60), Silver @ $25.555 (+1.52), Euro @ $1.0817, JPY @ $126.59,  INR @ 76.305


US GOVT. 10-YEAR YIELD : 2.85%

Telegram @AlliesFin

Today's Corporate Action, 18 Apr Ex Date :

DUCON
Bonus issue 1:10
INFRATRUST
Income Distribution (InvIT)
VSL
Stock  Split From Rs.10/- to Rs.2/-


*Today's Key Results/Board Meetings, 18-Apr-22 :*

MINDTREE
Audited Results;Quarterly Results;Final Dividend
MISHTANN
Audited Results;Final Dividend;Bonus issue
MUTHOOTFIN
Interim Dividend
SCPL
Audited Results
SUGALDAM
General
TATAMETALI
Audited Results;Final Dividend


*SEC. IN F&O BAN FOR, 18-Apr-22 :*

*1. RBLBANK*

Stocks In News



HDFC Bank: Profit in Q4 grew 22.8 percent to Rs 10,055.2 crore YoY as provisions declined 29.4 percent in the same period. Net interest income rose 10.2 percent to Rs 18,873 crore, with credit growth of 20.8 percent and a deposits growth of 16.8 percent YoY. Asset quality improved with gross non-performing assets falling 9 bps sequentially to 1.17 percent and net NPAs declining 5 bps QoQ to 0.32 percent in the March quarter.

Infosys: The country's second-largest IT services company recorded lower-than-expected earnings growth in March 2022 quarter, with profit falling 2.1 percent sequentially to Rs 5,686 crore on lower-than-expected revenue growth (up 1.3 percent QoQ) and a fall in operating margin, and dollar revenue growth of seven-tenth of a percent QoQ at $4,280 million. However, the revenue growth guidance for the current financial year at 13-15 percent over the previous year exceeded analysts' expectations, with operating profit margin forecast in the range of 21-23 percent.

Windlas Biotech: The company received a certificate of good manufacturing practices (GMP) from the South African Health Products Regulatory Authority. The company had undergone an inspection-audit during September 20-29, 2021. Windlas can now start manufacturing and sell its products in South Africa market. The company also received zero critical observations for its plant-IV at Dehradun after European Union GMP inspection carried out by the National Institute of Pharmacy and Nutrition, Hungary during April 11-13.

UltraTech Cement: Its UAE subsidiary, UltraTech Cement Middle East Investments (UCMEIL), has picked up a 29.39 percent stake in RAK Cement Company for White Cement and Construction Materials PSC (RAKWCT), a listed entity on Abu Dhabi and Kuwait stock exchanges. This is a strategic investment and the acquisition cost will be $101.1 million.

Alkem Laboratories: The pharma company's Taloja unit has been cleared by the US health regulator as the unit has not received “Form 483” after inspection. The US FDA inspected the company's bioequivalence centre at Taloja in Maharashtra during April 11-14.

Tata Power: BlackRock Real Assets, together with Mubadala, will invest Rs 4,000 crore ($525 million) for a 10.53 percent stake in the company's subsidiary Tata Power Renewables. The investment has taken a base equity valuation of the subsidiary to Rs 34,000 crore.

Mahindra & Mahindra: The company has hiked the price of its vehicles by 2.5 percent. The price revision is a result of a continuous increase in prices of key commodities such as steel, aluminium and palladium, the company said.

Jubilant Ingrevia: The company has received CDMO contract worth Rs 270 crore in specialty chemicals business from an "international customer". The contract is for three years. The company will supply two key GMP intermediates for one of the “patented drugs” of the innovator pharmaceutical customer. Commercial supplies of both these products will start from FY23.

Telegram @AlliesFin

S&P 500 futures slide ahead of a huge week of earnings reports

Stock futures fell Sunday evening as investors braced for a week of major first-quarter earnings reports ahead.

Futures on the Dow Jones Industrial Average lost about 150 points, or 0.4%. S&P 500 futures shed 0.5%. Nasdaq futures were lower by 0.8%.

Bank of America reports quarterly results Monday before the bell. Several Dow blue-chip names report earnings this week, including IBM, Procter and Gamble, Travelers, Dow Inc, Johnson and Johnson, American Express and Verizon.

Technology bellwethers are also set to report quarterly earnings, with Netflix due on Tuesday and Tesla out on Wednesday. Snap reports Thursday. United Airlines, American Airlines and Alaska Air are also on the calendar, as are railroads CSX and Union Pacific.

Investors will be paying close attention to forward guidance, especially for comments on how companies are handling surging costs. March’s consumer price index reading released last week showed an 8.5% increase from a year ago, the fastest annual gain since December 1981

“The odds seem to be long against underlying inflation moderating to an acceptable pace without a significant deceleration of demand growth,” 22V Research’s Gerard MacDonell said in a note Sunday. 

Earnings season is off to a decent start with 77% of S&P 500 companies reporting earnings per share above expectations according to FactSet. Seven percent of the benchmark has reported results so far. Analysts believe first-quarter earnings will jump 5% for the quarter when all S&P 500 companies finish reporting, according to FactSet’s analysis of actual results and future estimates.

Our belief remains that 2022E EPS likely comes down a bit through earnings season, but likely less than we would have thought a month ago. And the more U.S.-centric and more services-centric the company, the better the EPS outlook is likely to be,” Raymond James’ Tavis McCourt said in a Sunday note.
Despite some better-than-expected results, investors sold stocks last week as they feared higher rates and inflation could darken the outlook for earnings. The S&P 500 fell 2.13% for its second negative week in a row. The Nasdaq Composite lost 2.63%, and the Dow fell 0.8% on the period. U.S. stocks did not trade Friday due to the holiday weekend.

The 10-year Treasury yield last week touched the highest levels in three years above 2.83%, which is weighing on stocks.

#lic #ipo #alliesfin #news #etnow

*🔹INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 18-04-2022 :*

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

*TOTAL NET BUY : +1523* 😄

*INDEX FUT. : -402*

*INDEX OPT. : +2320*

*STOCK FUT. : -912*

*STOCK OPT. : +517*


*🔹INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 18-APR-22 : (Rs. CRS )*

*FIIS : SELL -6,387 (7,589-13,976)* 😭

*DIIS : BUY +3,342 (9,637-6,295)* 😀

*BSE SENSEX : -1172 (57,167)🔽*

*NSE NIFTY : -302 (17,173)*🔽

*BSE MIDCAP. : -238 (24,747)*🔽

*BSE SMLCAP. : -298 (29,224)*🔽

*B. CRUDE : $ 111.61 (5pm)* 🔼 😭😭

*GOLD: $1990=INR 55000(10gr)(5pm)*🔼😀

*SILVER :* *RS. 69,900 (kg) (5pm) 🔼 😊*

*FOREX : RS. : $ 76.2575* 🔽 😔

*6.54% GOI '32 : 7.1525%(95.74)* 🔽 😊

*6.10% GOI '31 : 7.1923% (92.71)* 🔽 😊

*6.67% GOI '35 : 7.3754% (93.98)* 🔽 😀

*India: Offer For Sale (OFS) - Ineos Styrolution Ltd (INEOS IN)* | 19-20 April, 2022 | CMP 1074.65

Base Size: 2,532,330 shares
Green Shoe: 1,688,220 shares
Floor Price: INR 800/-

Retail Reservation: 10%

Announcement: https://www.bseindia.com/xml-data/corpfiling/AttachLive/fbc541e2-df40-4a00-b843-2f3ed534482b.pdf

*Mkt. Updates :*

*SGX Nifty +20 pts (17264) from last trade 17244 ,*

Nikkei +44 pts ,
Hangseng -412 pts ,
Now @6.58am .

Dow -39.54 pts ,Nsdq -18.72 pts, S&P
-0.90 pts , Bovespa +35 pts , Ftse +87 pts , Dax +87 pts , Cac +17 pts , Crude @ $108.15 brl (-0.06), Brent @ $113.26 brl (+0.10) , Gold @ 1979.70(-6.70), Silver @ $26.005 (-0.14), Euro @ $1.0775, JPY @ $127.27,  INR @ 76.245


*US GOVT. 10-YEAR YIELD : 2.84%*


*Today's Corporate Action, 19 Apr Ex Date :*

DILIGENT
Stock  Split From Rs.5/- to Rs.1/-
IDFC
Interim Dividend - Rs. - 1.0000
JUBLFOOD
Stock  Split From Rs.10/- to Rs.2/-
SCHAEFFLER
Dividend - Rs. - 16.0000


*Today's Key Results/Board Meetings, 19-Apr-22 :*

ACC
Quarterly Results
BENARAS
General;Audited Results;Final Dividend;A.G.M.
LTI
Audited Results;Dividend


*SEC IN F&O BAN FOR, 19 April, 2022 :*

*1. TATAPOWER*

*ADDITION : TATAPOWER*
*DELETION : RBLBANK*

“The most valuable thing we can make is a mistake. We can’t learn anything from being perfect.” Axiit