*SGX Nifty -290 pts (17039) from last trade 17229 ,*


Nikkei clsd ,
Hangseng -391 pts ,
Around @ 7.04am .



Dow -630.15 pts ,Nsdq -420.91 pts, S&P
-104.86 pts , Bovespa -1185 pts , Ftse -6 pts , Dax -197 pts , Cac -69 pts , Crude @ $92.71 brl (+0.07), Brent @ $97.97 brl (+0.05) , Gold @ 1705.70 (-3.60), Silver @ $20.175 (-0.08), Euro @ $0.9734, JPY @ $145.41, INR @ 82.825





*Today's Corporate Action*
*10th Oct Ex Date*



RUCHIRA
Bonus issue 1:10
UNICKE.G.M. 



*Today's Key Results/Board Meetings*
*10-Oct-22*




EASEMYTRIP
Stock  Split;Increase in Authorised Capital;Bonus issue
EIGHTY
General   
EXCEL
General;Quarterly Results   
GARNETINT
General   
GITARENEW
General   
GLCL
Quarterly Results;Audited Results  
GORANIN
Quarterly Results   
ITHL
Quarterly Results   
JTLINFRA
Quarterly Results   
KHYATI
General   
MEFCOMCAP
Stock  Split   
MIL
General   
MIRCH
General   
REGENCY
General;Bonus issue   
RRMETAL
Preferential Issue of shares  
SIPTL
Quarterly Results   
TCS
Audited Results;Interim Dividend  
TTLEL
Increase in Authorised Capital;Preferential Issue of shares;General
VEGETABLE
General   
VSFPROJ
Issue Of Warrants;Preferential Issue of shares;General




*Stock under F&O ban on NSE*
*10-Oct-22*



None

• India Tax Collections Net of Refunds Rise 16.3% So Far This Year
o FY23 Gross Direct Tax Collections Upto Oct. 8 at INR8.98T
• Chinese and Indian Gold Buyers Are Draining New York’s Vaults
• Indian Exports Will Wither Global Headwinds: Piyush Goyal
• India Plans Phased Central Bank Digital Rupee Launch
• India’s September Oil Products Consumption Rises 8.1% Y/y
• India Raises Some Allowances for Federal Govt Staff from July 1
• India Offers to Sell Majority Stake in $5.6 Billion IDBI Bank
o India Govt, LIC Seek Bids for 60.7% Stake in IDBI Bank
• Gambia Child Deaths Linked to Contaminated Syrup Rise to 69
• World’ Top Two-Wheeler Maker Launches First Electric Scooter
• India Forex Reserves Fall $4.85B to $532.7b in Week to Sept. 30
o India Official Reserves Drop to Lowest Since July 2020
• Central Banks Plow On Hiking Rates Despite Pivot Talk
• Macro Concerns to Weigh on Tata Consultancy’s Earnings: Preview
• India Stocks Post First Weekly Gain in Four as Metals Rally
• Global Funds Sell Net INR22.5B of India Stocks on Oct. 7: NSE
o Domestic funds buy net 5.45 billion rupees of stocks
• Govt to kick off FY24 Budget making exercise on Monday: PTI
• Exporters keeping fingers crossed as recession clouds loom over EU: PTI
• Indraprastha Gas Hikes Delhi CNG Prices by INR3/KG: CNBC-TV18
• Adani Enterprises (ADE): Adani Group To Invest $7.9B in India’s Rajasthan in Seven Years
• Bajaj Finserv (BJFIN): Bajaj Allianz General Sept. Gross Direct Premium INR12.14B
• Hindustan Unilever (HUVR): NPR Finance to Sell Its Sangli Wind Turbine Generator Plant
• JSW Steel (JSTL): Unit’s Resolution Plan for National Steel Approved
• Lupin (LPC): Says Kamal Sharma to step down as board director from Oct. 14
• PNC Infratech (PNCL): Achieves financial closure for 2 road projects with Axis Bnk; total debt size of two project at INR15.6b
• Suzlon Energy (SUEL): Appoints Vinod Tanti as CMD for 3-years; Girish Tanti appointed as exec director & vice chairman
• Tata Motors (TTMT): Unit JLR 2Q sales at 88,121 units, up 12% Q/q; JLR 2Q wholesale volumes at 75,307 units, up 4% Q/q

TCS Q2 : CONS NET PROFIT UP 10 % TO RS 10431 CR (QOQ) , UP 8 % (YOY)

REVENUE UP 5 % AT 55309 CR (QOQ), UP 18 % (YOY)

EBIT UP 9 % AT 13279 CR (QOQ) , UP 9.3 % (YOY)

MARGINS AT 24 % V 23.1 % (QOQ), 25.9 % (YOY)

TCS:
CO DECLARED A SECOND INTERIM DIVIDEND OF RUPEES 8 PER EQUITY SHARE

Q2 OPERATING MARGIN AT 24%

Q2 LTM IT SERVICES ATTRITION RATE AT 21.5%

Q2 NET HEADCOUNT ADDITION OF 9,840.

TCS CEO Says “Demand for our services continues to be very strong. We registered strong, profitable growth across all our industry verticals and in all our major markets.

Our order book is holding up well, with a healthy mix of growth and transformation initiatives, cloud migration and outsourcing engagements. As clients prepare for a more challenging environment ahead, Technologies like cloud that have been embraced now have to be fully leveraged to realize the promised value.

TCS has the combination of contextual knowledge, technology expertise and execution rigor to deliver on this imperative.”

Q2FY23 Highlights

TCS sees a stellar performance in Q2 beating street estimates; ends H1FY23 with a bang

Revenue:

Constant currency (CC) revenue growth up 15.4% YoY & 4% QoQ

Rupee terms: Rs55,309 Cr up 18%; up 4.8% QoQ

Dollar terms: $6877 m up 8.6% (owing to cross currency impact); up 1.2% QoQ

Net profit Rs 10,431 Cr (Crossed 10,000 Cr mark in net profit for the first time)

Op Margin: 24%

Net Margin: 18.9%

Order book: $8.1Bn

Geo Growth (CC YoY)

UK, Europe defy pessimistic economic outlook & post stronger growth in Q2 versus Q1

Order book in UK, Europe stronger in Q2 Vs Q1

US up 17.6%

UK up 14.8%

Continental Europe up 14.1%

Latin America up 19% (celebrate 20 years of TCS in Lat Am this quarter)

India up 16.7%

Sector Growth: (CC YoY)

Growth very strong across all verticals led by retail (which was strong last quarter as well) growing 22.9% YoY

BFSI up 13.1%

Retail up 22.9%

Life sciences & Healthcare up 14.5%

Manufacturing up 14.5%

Communication & Media up 18.7%

Technology & services 15.9%

HR:

Net addition at 9,840

Total headcount now stands at 616,171

Attrition at 21.5% (LTM); attrition projections for the coming quarters is on a downward trend

35,000 freshers onboarded in the 1st half of FY’23; with 20,000 in Q2

Women make up 35.7% of the workforce with headcount touching 219,951

TCS NQT for FY24 received half a million registrations (all time high)

11.7m learning houses, 1.5m competencies

#Wipro and #Infosys #ADR jumps 5% post TCS numbers. #alliesfin #qoq

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 10-10-2022 :*

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

*TOTAL NET BUY : +5645* 😄😄

*INDEX FUT. : -1315*

*INDEX OPT. : +8817*

*STOCK FUT. : -2109*

*STOCK OPT. : +252*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 10-OCT-22 : (Rs. CRS )*

*FIIS : BUY -2,139 (3,758-5,897)* 😢

*DIIS : SELL +2,137 (6,281-4,144)* 😄

*BSE SENSEX : -200 (57,991)🔽*

*NSE NIFTY : -74 (17,241)🔽*

*BSE MIDCAP. : -221 (25,164)*🔽

*BSE SMLCAP. : -168 (29,015)*🔽

*B. CRUDE : $ 97.58* 🔼 😢

*GOLD: $1681=INR 51,300(10gr)* 🔽 😢

*SILVER : RS. 59,800 (kg) (5pm) 🔽 😢*

*FOREX : RS. : $ 82.32* ↔️ 😳

*6.54% GOI '32 : 7.5118% (93.58)* 🔼 😔

*7.26%NEW GOI '32: 7.4758%(98.50)*🔼😔

*7.54% GOI '36 : 7.5602% (99.8175)* 🔼 😩

INFOSYS: BOARD MEETING ON OCT 13 TO CONSIDER A PROPOSAL FOR BUYBACK OF FULLY PAID-UP EQUITY SHARES. #infosys #alliesfin

*SGX Nifty +10 pts (17240) from last trade 17230 ,*


Nikkei -459 pts ,
Hangseng -22 pts ,
Now @6.52am .



Dow -93.91 pts ,Nsdq -110.30 pts, S&P
-27.27 pts , Bovespa -434 pts , Ftse -31 pts , Dax -0.06 pts , Cac -26 pts , Crude @ $90.83 brl (-0.30), Brent @ $96.19 brl (+0.00) , Gold @ 1676.30 (+1.10), Silver @ $19.605 (-0.01), Euro @ $0.9708, JPY @ $145.68, INR @ 82.405





*Today's Corporate Action*
*11th Oct Ex Date*



None



*Today's Key Results/Board Meetings*
*11-Oct-22*



CHOKSI
Quarterly Results   
DELTACORP
Quarterly Results   
GMBREW
Quarterly Results   
GUJHOTE
Quarterly Results   
NCLRESE
General   
NINSYS
General   
SUPREMEINF
Quarterly Results   
TTFL
General;Quarterly Results   




*Stock under F&O ban on NSE*
*11-Oct-22*



1 IBULHSGFIN

2 INDIACEM

• TCS Profit Tops Estimates After Outsourcer Wins New Deals (1)
o Sense of caution prevails in talks with clients, CEO says
• Adani Seeks to Buy Jaiprakash Cement Ops for $606 Million (2)
o Jaiprakash aims to divest cement business to pare debt
• Prognosis: Gambia Deaths Bring Scrutiny to India’s Drugmakers
• Indian Stock Funds See 19th Month of Inflows in September: AMFI
• SEBI: Ananth Gopalakrishnan takes charge as Whole-Time Member
• RBI Cancels License of Seva Vikas Co-Operative Bank, Pune
• Indian Company Private Bond Sales Fall 25% W/w to INR82.4 Billion
• Emerging Market ETFs Rebound From Losses, Rise $286.5 Mln
• Global Funds Sell Net INR21.4B of India Stocks on Monday: NSE
o Domestic funds buy net 21.4 billion rupees of stocks
• UAE expects trade with India to cross $100bln in 2-3 years: PTI
• Trade pact between India, Indonesia to boost economic ties: PTI
• India top court to hear Piramal Dewan Housing insolvency and Amazon antitrust case
• NCLAT to hear on progress of Jalan- Kalrock’s rescue plan for Jet Airways
• Adani Ports (ADSEZ): Gets NCLT Nod for Acquisition of Gangavaram Port
• Ashiana Housing (ASFI): Says 224 units in Gurugram project booked, value at INR2.43b
• India Cements (ICEM): Sells Unit Springway Mining to JSW Cement for $57.9M
• Inox Wind (INXW): Unit Inox Green sells three units to Adani Green
• New Delhi Television (NDTV): Adani’s NDTV Open Offer Banker Replies on Clarifications to SEBI
• Panacea Biotec (PNCB): Gets $127.30m vaccine order from UNICEF, PAHO
• Tata Motors (TTMT): Says 2Q Group Global Wholesales Rise 33% Y/y to 335,976
• Tata Consultancy (TCS): 2Q net income +8.4% Y/y to 104.4b rupees, beats est. 102.93b; revenue +18% y/y to 553.1b; order book at $8.1b

Macquarie on TCS
O-P, TP Rs 4150
2Q beat on EBIT margin, PAT; revenue misses
Puts to bed concerns that margin issue could become structural
Continue to prefer TCS to Infosys (both OP)

Bernstein on TCS
O-P, TP Rs 3850
Delivered with Rev beat & inline margins
Commentary on deal closure/pipeline was constructive while remaining watchful on macro risks

Jefferies on TCS
Hold, TP Raised to Rs 3180
2Q ahead with revenues, margins & profits beating est.
Deal wins at US$8.1bn steady YoY
Raise FY23-25 est by 2-5%
Expect TCS to deliver 12% EPS CAGR over FY22-24
TCS' premium valuations may limit upside

CLSA on TCS
O-P, TP Rs 3450
2QFY23 in-line with est.
Near-term revenue outlook intact and supply pressure abating
Long-term demand outlook: softness, yes, but no alarms
Increased confidence in margin management

CS on TCS
Neutral, TP Rs 3300
2Q: Strong revenue growth & margin improvement, but FY24 demand scenario still uncertain
Margins benefitted from operational efficiencies & currency
Increase FY23-FY25E EPS by 2-4% to a/c for better margins in 2Q & currency benefits

CITI on TCS
Sell, TP raised to Rs 2900
Good 2Q - UK/India drives beat
Deal TCV at $8.1b (vs past 4 quarter avg: $8.7b; +7% yoy).
Demand sustainability key – management commentary was mixed; not surprising given backdrop

Kotak Inst Eqt on TCS
Add, TP Rs 3450
Strong 4% rev growth in c/c, 90 bps higher than est
EBIT margin increased 90 bps qoq to 24%, impressive
Margins will improve further & settle in 25% range
Signs of slowdown visible in moderate hiring & weak TCVs though not a surprise

CLSA on Kotak Bank
Outperform Call
Target Rs 2,100
Management Focussed On Growth & Strengthening ESG Practices
Kotak Ahead In Branch/Liability Efficiency But Lags Peers On Granularity Metrics
Significant Improvement Seen In PSL Compliance; Kotak Is PSL Surplus

Citi On Infosys
Buy Call
Target Rs 1,625
To Consider Share Buyback On Oct 13
The past 2 Buybacks, Were Of An Aggregate Amount Of Rs 9,200 Cr/ Rs 8,260 Cr Respectively
Open Market Buyback May Provide Support To Stock

India Daybook – Stocks in News


Panacea Biotech: Receives long-term supply awards worth Rs1,040 crore from UNICEF (Positive)

Tata Motors: Tata Motors Group global wholesales in Q2FY23 were at 3,35,976 nos., higher by 33% (Positive)

Infosys: Board to consider a proposal for buyback of equity shares on Oct 13 (Positive)

IRB Infra: September toll collections increase by 37% on YoY basis, to Rs 328.2 cr. (Positive)

Inox Winds: Inox Green Energy Services sells entire investment in three subsidiaries to Adani Green (Positive)

India Cements: Company to divest its entire stake in Springway Mining to JSW Cement for Rs 476.87 crore (Positive)

Ashiana Housing: 224 units booked in phase 1 of Ashiana Amarah’ Project for Rs 242.6 crore. (Positive)

Suzlon: Aims to raise Rs 1200 Crores via issue of additional 240 Crore Shares at Rs 5. (Positive)

Vedanta: Meeting of Equity Shareholders as per the directions of the NCLT today to vote on ‘creating shareholders’ value’ by distributing General Reserve (Positive)

PG Electroplast: AVESTHA FUND bought 142,000 shares at 1046.79 (Positive)

Gujarat Alkalies: PM Modi dedicates Gujarat Alkalies new plants to nation. (Positive)

Carborundum: Demand scenario remains strong across sectors such as Auto, manufacturing, infrastructure (Positive)

TCS: Rupee Revenues at Rs 55310 crore versus poll of Rs 54905 crore, Net Profit at Rs 10431 crore versus poll of Rs 10248 crore. (Neutral)

AU Small Finance Bank: Reappoints Raj Vikash Verma as the Part-time Chairman of the Bank (Neutral)

Adani Ports: Ahmedabad Bench has sanctioned the composite scheme of arrangement between Gangavaram Port and Adani Ports (Neutral)

HUL: Company says there has been a price drop For Lifebuoy in the Western region (Neutral)

Bank of Baroda: Banks hikes lending rates 10-15 bps across tenures (Neutral)

NDTV: Adani’s NDTV Open Offer Banker Replies on Clarifications to SEBI (Neutral)

MTAR Tech: Promoter pledge additional 7 Lakh Shares (Neutral)

Biocon Limited has notified to the stock exchanges that the European Directorate for the Quality of Medicines & HealthCare (EDQM) conducted a GMP inspection of an API manufacturing site of Biocon Limited in Bangalore. There were no critical deficiencies and one deficiency cited under the category 'Major'. – positive

Sterlite Technologies (STL) announced a partnership with Vocus Group for Project Horizon in Western Australia. STL will supply high-strength optical fibre cables for Vocus' inter-capital network extension projects as part of the cooperation – Positive

Hindustan Unilever - company reduced the cost of some soap brands by up to 15% as palm oil and other raw materials become more affordable. – positive

Macrotech Developers – Company added four land parcels in the Mumbai and Pune regions during the last quarter in order to create home projects with a Rs 3,100 crore revenue potential. - positive

Gensol Engineering business Update - Revenue jumps approx. 5.5x in H1 FY23. Revenue for H1 FY23 to be around Rs 180 cr vs Rs 33 crore in H1 FY22. Results illustrate the ongoing positive momentum in this business and remains optimistic about the remaining period of this fiscal. Company is expecting the same growth at the end of ongoing fiscal.- positive but it has already run up

Aurionpro has bagged a prestigious project as the Data Center Consultant for a leading financial Institution in India.- positive

EKI Energy - Leading developer and supplier of carbon credits across the globe - EKI Energy restated that India will not witness any ban for the export of its surplus carbon credits. The announcement comes in the backdrop of a clarification by the country's Minister for Power and New & Renewable Energy - Shri RK Singh.- positive

Vikas Lifecare has acquired 30% stake in the Ardh Sainik Canteens in an all-cash deal of Rs150 Million from its existing stake holders.- positive

Artson Engineering received purchase order worth Rs 42.76 crore – positive

Gravita India announced that its step-down subsidiary situated in Senegal, West Africa started commercial production of Aluminium from a new recycling plant with an annual capacity of around 4,000 MTPA.- positive

Ramkrishna Forgings got exports order worth Rs 131.5 crore ($15.9 million) order for its application in North America HCVs from a Tier 1 Rear & Front Axle manufacturer customer in the auto segment.

Mold-Tek Packaging Gets LoA From Grasim Industries - Birla Paints Division worth Rs30cr – positive

IDBI Bank: The financial bids for IDBI Bank privatisation are likely to be invited by March and the conclusion of the sale process is expected by September 2023 – Stock gained 10% yesterday ahead of disinvestment – positive

Tata Motors’s global wholesales of passenger vehicles in the second quarter rose 43% y/y to 232,750 units – Lower than expectation

Adani Group Report of Plan to Raise $10 Billion – Media report that the company is looking to raise at least $10 billion to fund its expansion in clean energy and ports. Billionaire Gautam Adani and his family are in early talks with investors including Singapore’s sovereign wealth fund GIC Pte and Temasek Holdings Pte for the fundraising, the report said – positive

Loyal Equipment gets Rs15.1cr order from GAIL India – Positive

Tejnaksh Healthcare commences operations of URAN Hospital – positive

Intellect Global Transaction Banking (iGTB), the transaction banking and technology specialist from Intellect Design Arena Limited, announces the launch of Consumerisation of Commercial Banking (COCB) at Sibos 2022. – Positive

Paytm Loan Disbursals Q2 Business Update - Quarterly loans disbursed by value stood at Rs 7,313 crore, up 32% from June 2022, Deployed 48 lakh new payments devices, as of September 2022, added 10 lakh new devices in Q2 Monthly transacting users rose to 8 crore as of September 30, from 7.5 crore as of June 30, Merchant gross merchandise value rose 7.4% sequential to Rs3.18 lakh cr – impressive growth – positive

Panacea Biotec: The company has received long-term supply awards worth $127.30 million (Rs 1,040 crore) from UNICEF and Pan American Health Organization - Positive

IRB InvIT Fund: Toll collection of the fund increased 39% on-year across its existing road portfolio at Rs 72.61 crore. - positive

RB Infrastructure Developers: The company reported toll revenue collection of Rs 328.24 crore, declining 2% from previous month’s collection. The revenue rose 36.6% Year-on-Year. India Cements: The company divested its entire shareholdings in Springway Mining Private Limited to JSW Cement for a total consideration of Rs 476.87 crore.

India Cements: The company divested its entire shareholdings in Springway Mining Private Limited to JSW Cement for a total consideration of Rs 476.87 crore. - positive

Ashiana Housing: The company booked 224 units in Phase 1 of Gurugram project worth Rs 242.6 crore.

Adani in Talks to Buy Jaiprakash’s Cement Unit for $606 Million - Adani Group is in advanced talks with debt-laden Jaiprakash Power Ventures Ltd. to buy its cement unit and could pay about Rs5000cr ($606 million) for a cement grinding unit and other smaller assets.

Adani Green Energy has completed acquisition of 100% equity share capital of 3 entities namely, Wind One Renergy, Wind Three Renergy and Wind Five Renergy as each housing 50 MW operational wind power projects. – positive

JSW Steel Q2 steel output of 5.68 million tons was 3% lower than the previous three months. The sequential drop was mainly due to extended maintenance shutdowns. – positive

Nykaa partners with California based fashion retailer Revolve – With the launch of the California-based, next-generation fashion retailer REVOLVE on its own platform, Nykaa Fashion opens doors to a seamless international shopping experience in India," the company said - Positive

SBI - As part of its festive season campaign, the State Bank of India (SBI) is offering a 15 to 30 basis point discount on home loans from October 4, 2022, to January 31, 2023. As of now, interest rates for SBI

CAMS is considering to equity investment in its subsidiary CAMS Financial Information Services Pvt, in its board meeting on October 17. CAMS Financial Information Services is an account aggregator and has been registered with RBI as an NBFC - Account Aggregator. – positive

Redington Industries - Apple's wireless earphones AirPods will be manufactured in India, CNBC TV18 quoted India's IT ministry as saying on Monday. The iPhone 14 will be manufactured by December this year at the Foxconn's facility in Chennai, the report added. – Expects positive for one of the major distributer Redington

Easymy Trip announced bonus of 3 shares of every share held and approved stock split each share into two – from Rs2 to Re1 – Avoid

GMR Infra - Delhi International Airport Limited (DIAL), a member of the GMR group, is revising its fundraising strategy and will collect up to Rs1,600 crore through Debentures and Plans are modified to use debt securities instead of lease finance – positive

Orbit Exports has successfully completed the installation of new water jet looms at its production unit situated at Plot 30, Fairdeal Textile Park, Village Mahuvej, Surat

SBI has put up a number of non-performing assets for sale this month and the following month, including the fraud account of Sintex BAPL, in an effort to recover more than Rs746 crore – positive

PNC Infratech has announced that for two Hybrid Annuity Mode (HAM) Projects namely Kanpur-Lucknow Expressway package worth Rs1413cr

Dhabriya Polywood Ltd has commenced manufacturing of uPVC Doors & Windows at its new factory situated at Dodballapur Industrial Area, Bengaluru.- positive

H.G. Infra Engineering has received the letter from National Highways Authority of India (NHAI') projects worth Rs523. 59cr – positive

Tata Sons Chairman N Chandrasekaran says while we have to manage #inflation, strongly believe we have to support #growth.

See #India becoming a $5 tn & #Maharashtra a $1 tn #economy soon. #alliesfin

*Mkt. Updates :*

*SGX Nifty +41 pts (17002) from last trade 16961 ,*

Nikkei +83 pts ,
Hangseng -74 pts ,
Around @ 6.53am .

Dow +36.31 pts ,Nsdq -115.91 pts, S&P
-23.55 pts , Bovespa -1113 pts , Ftse -74 pts , Dax -52 pts , Cac -7 pts , Crude @ $88.63 brl (-0.72), Brent @ $94.29 brl (+0.00) , Gold @ 1671.10 (-14.90), Silver @ $19.12 (-0.36), Euro @ $0.9693, JPY @ $146.12, INR @ 82.255


*US GOVT. 10-YEAR YIELD : 3.95%*


*Today's Corporate Action, 12 Oct Ex Date :*

COLORCHIPS
Stock  Split From Rs.10/- to Rs.2/-GREENCREST
Stock  Split From Rs.10/- to Rs.1/-KAARYAFSL
Bonus issue 1:1
NIKHILAD
Stock  Split From Rs.10/- to Rs.1/-SECMARK
Bonus issue 3:2
SHBCLQ
Bonus issue 1:2


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

7NR
Quarterly Results   
ARTSONEN
Quarterly Results   
BIRLAPRECGeneral   
DYNAVSN
General   
HCLTECH
Quarterly Results;Interim Dividend  
INDITALIA
General   
MANGIND
Quarterly Results   
MNIL
General;Quarterly Results   
NATIONSTD
Quarterly Results   
NXTDIGITAL
Quarterly Results   
SARDAPPR
Preferential Issue of shares;General  
SCBL
Quarterly Results   
SEL
Quarterly Results   
STANCAP
Quarterly Results   
SWSOLAR
General;Quarterly Results   
WIPRO
Quarterly Results   
YASHCHEM
Quarterly Results   


*SEC. IN F&O BAN FOR, 11 OCT, 2022 :*

*1. IBULHSGFIN 2. INDIACEM 3. DELTACORP*

*ADDITION : DELTACORP*
*DELETION : NIL*

• IMF Warns Worst to Come as Steps to Slow Inflation Raise Risks

o IMF’s Asian Economies GDP, CPI, Unemployment Forecasts

• RBI Issues Rules for Unhedged Foreign Currency Exposure

• RBI Revises Regulatory Framework for Asset Reconstruction Cos

• Toyota Launches Pilot Project for Flex-Fuel Hybrid Car in India

• Stocks in India Slump as Rate Hike Worries Trigger Global Rout

• India Securitization Volume Up 70% in First Half of FY23: ICRA

• HCL Tech to Report Results; Shares Down 27.5% YTD: Preview

• Wipro to Report Results; Shares Down 42.7% YTD: Preview

• Global Funds Sell Net INR46.1B of India Stocks on Tuesday: NSE

o Domestic funds buy net 24.3 billion rupees of stocks

• IMF cuts India’s economic growth forecast to 6.8 pc in 2022: PTI

• RCF inks pact with German firm’s arm for long-term supply of MoP: PTI

• 5:30pm: India Sept. Consumer Price Inflation y/y; est. 7.37%, prior 7.00%

• 5:30pm: India Aug. Industrial Production y/y; est. 1.7%, prior 2.4%

• Delta Corp (DELTA): 2Q net income 682.5m rupees vs. loss 225.7m y/y; revenue 2.7b vs. 747.2m y/y

• Genesys International (GENE): Gets INR460m order for mapping project

• IndusInd Bank (IIB): Route One Fund sells 12m shares in IIB, while Goldman Sachs buys 6.97m shares: NSE Bulk Deals

• Indian Railway Finance Corp (IRFC): In pact with IIFCL for financing railway infrastructure projects

• JSW Steel (JSTL): Joins the United Nations Global Compact Initiative

• Mahindra & Mahindra (MM): Says Jio-BP to set up charging network for Mahindra’s e-SUVs

• Marksans Pharma (MRKS): To buy Tevapharm Goa bulk formulation business

• NMDC (NMDC): Says Got Corporate Affairs Ministry Nod for Steel Demerger

• Spandana Sphoorty (SPANDANA): To consider raising funds on Oct. 14

• Suzlon Energy (SUEL): Wins order of 144.9mw wind power projects from Aditya Birla Group; Bank of Baroda sold 40.1m shares of SUEL in two blocks: NSE Bulk Deals

• Tata Consultancy Services (TCS): Says Quartz Solution to support entire lifecycle of CBDT

• Tilaknagar Industries (TLNGR): EARC TRUST SC sold 4.2m shares of TLNGR in three blocks, BOFA Securities Europe SA buys 4.69m shares: NSE Bulk Deals

India Daybook – Stocks in News


*Suzlon:* Company secures order of 144.9 MW from The Aditya Birla Group (Positive)

*Railway stocks:* Railways' revenue earnings up by 92% in passenger segment. (Positive)

*Suven Life:* To Consider and Approve Terms of the Rights Issue including Issue Price and Record Date (Positive)

*L&T Fin:* Gets SEBI Nod For Change In Control Of L&T AMC With Conditions (Positive)

*Star Housing:* To Consider Stock Split, Bonus Issue on 17th October. (Positive)

*Genesys:* Bags Order Worth Rs 46 Crore From Andhra Pradesh Government For Mapping Project. (Positive)

*Honeywell:* Announced a new, innovative ethanol-to-jet fuel (ETJ) processing technology (Positive)

*IRFC:* Signs MoU With IIFCL To Strengthen Cooperation In Financing Railway Infra Projects (Positive)

*NMDC:* Says Got Corporate Affairs Ministry Nod for Steel Demerger (Positive)

*Tata Consultancy Services:* Says Quartz Solution to support entire lifecycle of CBDT (Positive)

*Tilaknagar Industries:* EARC TRUST SC sold 4.2m shares of TLNGR in three blocks, BOFA Securities Europe SA buys 4.69m shares (Positive)

*Delta Corp:* Cons net profit at Rs 68.3 cr Vs loss of Rs 22.6 cr YoY, Cons revenue at Rs 270 cr Vs Rs 75 cr (YoY). (Neutral)

*Gujarat Pipavav:* Q2 container volume up 18.5% (YoY) & down 0.5% (QoQ) (Neutral)

*IndusInd Bank:* Route One Fund sells 12m shares in IIB, while Goldman Sachs buys 6.97m shares: NSE Bulk Deals (Neutral)

*JSW Steel:* Joins the United Nations Global Compact Initiative (Neutral)

*Mahindra & Mahindra:* Says Jio-BP to set up charging network for Mahindra’s e-SUVs (Neutral)

*Spandana Sphoorty:* To consider raising funds on Oct. 14 (Neutral)

*Infosys:* The stock will be in focus as Ravi Kumar S has resigned as president effective October 11. (Neutral)

*REC:* The company has transferred its entire shareholding in ER-NER Transmission at par value along with all its assets and liabilities to Power Grid Corporation of India (Neutral)

*VST Tillers:* First Sentier Investors ICVC-SI Asia Pacific Sustainability Fund sold 1,62,707 shares.