SGX Nifty +255 pts (17907) from Tuesday's last trade 17652 ,


Nikkei -25 pts ,
Hangseng +404 pts ,
Around @ 6.52am .


Dow +2.37 pts ,Nsdq -228.12 pts, S&P
-28.51 pts , Bovespa -1861 pts , Ftse +42 pts , Dax +142 pts , Cac +25 pts , Crude @ $88.17 brl (+0.26), Brent @ $95.69 brl (+0.00) , Gold @ 1669.30 (+0.10), Silver @ $19.535 (+0.04), Euro @ $1.0088, JPY @ $146.12, INR @ 81.905





*Today's Corporate Action*
*27th Oct Ex Date*




BEPL
Interim Dividend - Rs. - 1.0000
ICICIGI
Interim Dividend - Rs. - 4.5000
INFY
Interim Dividend - Rs. - 16.5000
KSOLVES
Interim Dividend - Rs. - 4.5000
LTTS
Interim Dividend - Rs. - 15.0000
NMDC
Spin Off     
PRANAVSP
Amalgamation   




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



ABSLAMC
Quarterly Results  
ANURAS
Quarterly Results  
BALAMINES
Quarterly Results  
BANARBEADS
Quarterly Results  
DBSTOCKBRO
General;Quarterly Results
DHARSUGAR
Audited Results  
GANGOTRI
Quarterly Results  
GOKEX
Quarterly Results  
HITKITGLO
General    
IMFA
Interim Dividend;Quarterly Results
INDUSTOWER
Audited Results;General;Quarterly Results
JETFREIGHT
Right Issue of Equity Shares;General
JMDVL
Quarterly Results  
KGES
Half Yearly Results  
KSCL
Buy Back of Shares  
LATENTVIEW
Quarterly Results  
LLOYDSTEEL
General;Quarterly Results
MANRAJH
Quarterly Results  
MAPMYINDIA
General;Quarterly Results
OILCOUNTUB
Audited Results  
PASARI
Quarterly Results  
PCJEWELLER
Quarterly Results  
PNBHOUSING
Quarterly Results  
PODARPIGQ
Quarterly Results  
PREMEXPLQ
Quarterly Results  
RAJNISH
General;Quarterly Results
RECLTD
Interim Dividend;Quarterly Results
SAINTGOBAIN
Quarterly Results  
SBICARD
Quarterly Results  
SHRGLTR
Quarterly Results  
SIGACHI
Quarterly Results  
SPLPETRO
Interim Dividend;Quarterly Results;Stock  Split
SUPER
Quarterly Results  
TAMJAIM
A.G.M.    
TATACHEM
Quarterly Results  
TIERRA
Quarterly Results  
TMB
Quarterly Results  
VAIBHAVGBL
Interim Dividend;Quarterly Results
VGUARD
Quarterly Results  
VIMTALABS
Quarterly Results  
WIMPLAST
Quarterly Results  






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



1 BHEL

2 PNB

#NMDC Spin Off
#alliesfin
NMDC Ltd Shareholders will be allotted 1 equity share of NMDC Steel Ltd for every 1 equity share of NMDC Ltd.
Ex Date: 27th Oct, 2022
Record Date: 28th Oct, 2022

All Futures & Options will expire on 25th Oct, 2022 and settled on 28th Oct, 2022.

India Daybook – Stocks in News


Century Tex: Net profit up 60.2% at ₹71.6 cr vs ₹44.7 cr, Revenue up 21.3% at ₹1,210.8 cr vs ₹998 cr (YoY) (Positive)

ICICI Bank: Net Profit At Rs 7,557.8 Cr Vs Poll Of Rs 7,364.8 Cr, Net Interest Income At Rs 14787.0 Cr Vs Poll Of Rs 13950.0 Cr (Positive)

Hero MotoCorp: Company to partner with Terrafirma Motors Corporation (TMC) to sell motorcycles in Phillipines (Positive)

Dabur: Company to acquire 51% stake in Badshah Masala for ₹587.5 cr (Positive)

Trident: Completes New Solar Power Project of 8.87 MWp at Budhni, Madhya Pradesh (Positive)

KSCL: Board to meet today for Consideration Buyback of Shares (Positive)

Punjab Alkalies: Quant Mutual Fund bought 4556962 at 79.00 (Positive)

Intellect: Announced the launch of iESG, a global ESG solution designed for financial institutions (Positive)

Tata Power: Tata Power Renewable Energy Limited (TPREL) has launched off-grid solar solutions in West Bengal, Bihar, and Jharkhand (Positive)

Oil upstream stocks: Oil prices continue climb on strong crude demand, weaker dollar (Positive)

Zydus Life: Receives final approval from the USFDA for Micafungin for Injection (Positive)

IIFL Finance: Revenue at Rs. 2022 cr vs Rs. 1667 cr, up 21.3%. Net Profit at Rs. 397 cr vs Rs. 291 cr, up 36.4% (Positive)

Zee Ent: Groups agree to sell 3 Hindi channels to address anti-competition concerns (Positive)

Defense stocks: Indian Army issues shopping list for 750 drones under emergency procurement (Positive)

Radico Khaitan: Company launches ready-to-drink variants for vodka brand (Positive)

Gland Pharma: Reports Q2 net profit at ₹241.2 cr vs poll of ₹251 cr (Neutral)

Dabur: Company reports Q2 net profit at ₹490.9 cr vs poll of ₹490 cr. EBITDA margin declines by 190 bps to 20.1% (Neutral)

LT Foods: Board meeting on Oct 31 to consider raising funds (Neutral)

Amara Raja: To Be Excluded From Futures & Options (Neutral)

IndusTower: Along With Results Board to Consider Fund Raising Via NCDs (Neutral)

CSB Bank: Nomura Singapore sold 26.4 lakh shares at Rs 232.2/sh. Maybank sec bought 26.4 lakh shares at Rs 232.3/sh (Neutral)

M&M: Mahindra Electric Automobile Limited has been incorporated in Mumbai on 25th Oct, 2022 (Neutral)

PCBL: Revenue at Rs. 1628 cr vs Rs. 1068 cr, up 52.5%. EBITDA at Rs. 189 cr vs Rs. 187 cr, up 1.4% YoY (Neutral)

Dabur: Revenue at Rs. 2986 cr vs Rs. 2818 cr, up 6%.EBITDA at Rs. 601 cr vs Rs. 621 cr, down -3.2% YoY) (Neutral)

Thirumalai: Net profit down 32.2% at ₹34.3 cr vs ₹50.6 cr, Revenue up 19.9% at ₹572.1 cr vs ₹477.1 cr (YoY)

PFC: HDFC MF sold 2.08% stake in co on Oct 21

Glenmark: US FDA has placed the Baddi (India) facility under import alert 66-40

Chennai Petro: Net revenue 19509 cr vs 23162 cr QoQ; down 16%. EBIDTA 228 cr vs 3405 cr QoQ; down 93%

Crompton: Revenue at Rs. 1700 cr vs Rs. 1385 cr, up 22.7%. EBITDA at Rs. 193 cr vs Rs. 214 cr, down -9.8% YoY

Gujarat Lands Mega Rs 22,000-Crore Project With Tatas And Airbus

https://www.ndtv.com/india-news/gujarat-lands-another-mega-project-with-tatas-and-airbus-3466620

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 27-10-2022 :*

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

*TOTAL NET BUY : +24081* 😄😄

*INDEX FUT. : +4104*

*INDEX OPT. : +17261*

*STOCK FUT. : +2556*

*STOCK OPT. : +160*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 27-OCT-22 : (Rs. CRS)*

*FIIS : BUY +2,818 (13,489-10,671)* 😄

*DIIS : SELL -1,580 (4,797-6,377)* 😢

*BSE SENSEX : +213 (59,757)🔼*

*NSE NIFTY : +81 (17,737)🔼*

*BSE MIDCAP. : +111 (25,152)*🔼

*BSE SMLCAP. : +118 (28,866)*🔼

*B. CRUDE : $ 97.00* 🔼 😭

*GOLD: $1662=INR 50,490(10gr)* 🔼 🙂

*SILVER : RS. 58,580 (kg) (5pm) 🔼 🙂*

*FOREX : RS. : $ 82.49* 🔼 😊

*6.54% GOI '32 : 7.4348% (94.09)* 🔽 😊

*7.26%NEW GOI '32: 7.4117%(98.94)*🔽😊

*7.54% GOI '36 : 7.5034% (100.30)* 🔽 😊

*SGX Nifty +40 pts (17843) from last trade 17803 ,*


Nikkei -181 pts ,
Hangseng -3 pts ,
Around @ 6.54am .


Dow +194.17 pts ,Nsdq -178.32 pts, S&P
-23.30 pts , Bovespa +1878 pts , Ftse +17 pts , Dax +15 pts , Cac -32 pts , Crude @ $88.54 brl (-0.54), Brent @ $96.56 brl (-0.40) , Gold @ 1665.90 (+0.30), Silver @ $19.485 (+0.00), Euro @ $0.9971, JPY @ $146.63, INR @ 82.375





*Today's Corporate Action*
*28th Oct Ex Date*



FOCUS
Interim Dividend - Rs. - 0.3800
IIFLWAM
Interim Dividend - Rs. - 17.0000
KPIGREEN
Interim Dividend - Rs. - 0.2500
SANINFRA
Stock  Split From Rs.10/- to Rs.1/-
SYSCO
Resolution Plan -Suspension 




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




AANCHALISP
General    
ALLSEC
Interim Dividend;Quarterly Results
ALUFLUOR
Quarterly Results  
APEX
Quarterly Results  
ASTEC
Quarterly Results  
BANDHANBNK
Quarterly Results  
BINDALEXPO
General    
BLUEDART
Quarterly Results  
CARBORUNIV
Quarterly Results  
CCL Quarterly Results  
DATAMATICS
General;Quarterly Results
DRAGARWQ
Quarterly Results  
DRHABEEB
General;Quarterly Results
DRREDDY
Quarterly Results  
DWARKESH
Quarterly Results  
EVEREADY
Quarterly Results  
GEE
Quarterly Results  
GREENCREST
Quarterly Results  
IFBIND
Quarterly Results  
INLCM
General;Quarterly Results
INTELLECT
Quarterly Results  
JSWENERGY
General;Quarterly Results
LANCER
Stock  Split  
LONTE
Quarterly Results  
MAHACORP
Quarterly Results  
MARUTI
Quarterly Results  
MINOLTAF
Quarterly Results  
MRPL
Quarterly Results  
NATCAPSUQ
General;Quarterly Results;Rights Issue
NGLFINE
Quarterly Results  
NIITLTD
Quarterly Results  
OASISEC
Quarterly Results  
OLECTRA
Quarterly Results  
OZONEWORLD
Bonus issue;General  
PACL
Quarterly Results  
PONNIERODE
Quarterly Results  
PROFINC
General    
RAMCOIND
Quarterly Results  
RANEHOLDIN
Quarterly Results  
RAPICUT
Quarterly Results  
SAGARPROD
Quarterly Results  
SAPPL
Right Issue of Equity Shares;Rights Issue
SATIA
Quarterly Results  
SATIN
Quarterly Results  
SHALPRO
Quarterly Results  
SONACOMS
Quarterly Results  
SUMICHEM
Quarterly Results  
TATAPOWER
Quarterly Results  
TELESYS
General;Preferential Issue of shares
TRADWIN
A.G.M.;Audited Results;Quarterly Results
TTKHEALTH
Quarterly Results  
VALECHAENG
Quarterly Results  
VEDL
Quarterly Results  
VIVIDHA
Quarterly Results  
VTMLTD
Quarterly Results  
WSIND
General    
ZENOTECH
Quarterly Results





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



None

• India’s Rate-Setting Panel to Hold Surprise Meet Next Week

o MPC said to to discuss inflation letter to govt: sources

• India’s Fertilizer Subsidy May Swell to $31 Billion on Gas Costs

• India Regulator Suggests Commercial Cultivation of GM Mustard

• India Textile Sector Aims Exports of $100b in 5-6 years: Goyal

• Dr Reddy’s to Report Results; Shares Down 8.4% YTD: Preview

• Yen Depreciation, Cooling Costs to Help Maruti Suzuki: Preview

• Tata Power to Report Results; Shares Up 1.4% YTD: Preview

• Vedanta to Report Results; Shares Down 14.5% YTD: Preview

• Global Funds Buy Net 28.2B Rupees of India Stocks Thursday: NSE

o Domestic funds sell net 15.8b rupees of stocks

• JioMart on WhatsApp a big opportunity for us, says Mark Zuckerberg: Economic Times

• India to see biggest jump in energy demand globally, IEA: PTI

• Byju’s borrows 3 billion rupees from Aakash for ‘principal business activities’: Mint

• PM likely to lay foundation of ArcelorMittal’s Hazira plant expansion project Friday: PTI

• Hindustan Motors, European partner complete due diligence for EV project: PTI

• Anupam Rasayan (ANURAS): 2Q group profit 478.1m rupees vs. 360.5m year ago

• CE Info Systems (MAPMYIND): 2Q net profit 254.1m rupees vs 253.9m year ago; revenue 763.1m vs 566.8m

• Dhanuka Agritech (DAGRI): To consider share buyback proposal on Nov. 21, through Tender Offer

• Indus Towers (INDUSTOW): 2Q net income -44% Y/y to 8.72b rupees, misses est. 14.07b; revenue +16% to 79.7b

• Motilal Oswal Financial (MOFS): Says Motilal Oswal Finvest plans to raise as much as INR9b via bonds

• PNB Housing Finance (PNBHOUSI): 2Q net income 2.63b rupees Vs. 2.33b Y/y; revenue +6.4% to 16.7b; Gross NPA 6.06% vs. 6.35% q/q

• SBI Cards (SBICARD):2Q net income +52% Y/y to 5.26b rupees, misses est. 6.27b; revenue +28% to 33b

• Spandana Sphoorty (SPANDANA): Board to consider bond issue on Nov. 1

• Tata Chemicals (TTCH): 2Q net income 6.28b rupees vs. 2.21b y/y, beats est. 5.18b; revenue +40% to 42.4b

• Vedanta (VEDL): Gets 10-years extension from May 15, 2020, for production sharing contract for Rajasthan oil block

India Daybook – Stocks in News


*Tata Chemicals:* Net profit at Rs 680 cr vs Rs 268 cr, Revenue up 40.3% at Rs 4,239 cr vs Rs 3,022 cr (YoY) (Positive)

*Dhanuka Agritech:* Company to consider share buyback through tender route on Nov 1 (Positive)

*Infibeam Avenues:* Company gets RBI’s approval for payment aggregator licence (Positive)

*Vedanta:* 10-year extension for Vedanta of the Production Sharing Contract (PSC) for its Rajasthan gas block (Positive)

*Eros Media World:* Collaborates with Ministry of Investment in Kingdom of Saudi Arabia to explore opportunities in Film & Entertainment content production (Positive)

*Anupam Rasayan:* Net profit up 15.2% at Rs 41.5 cr Vs Rs 36 cr, Revenue up 55.2% at Rs 386.2 cr Vs Rs 248.9 cr (YoY) (Positive)

*Newgen Software:* Marathon Edge India Fund I acquired additional 20 lakh equity shares in the company (Positive)

*LT Foods:* Bright Metal Refiners bought 19.3 lakh shares at Rs 133.12/ share (Positive)

*IDBI Bank:* Amendment to the Preliminary Information Memorandum for inviting Expression of Interest (Positive)

*Vascon:* Signed its 1st Redevelopment Project for Ohm Sainath Cooperative Housing Society located at Santacruz (Positive)

*Zee Ent:* Groups agree to sell 3 Hindi channels to address anti-competition concerns (Positive)

*Sigachi Ind:* Cons Rev 82.5 cr vs 57.2 cr; up 44.2 % YoY Cons PAT 13.6 cr vs 9.9 cr; up 37% YoY (Positive)

*Gokaldas:* Cons Rev 569 cr vs 444 cr YoY; up 30%. Cons PAT 45.8 cr vs 28.6 cr YoY (Positive)

*Grasim Ind:* Company to consider raising funds Via NCDs on Nov 1 (Neutral)

*Nykaa:* Company appoints Rajesh Uppalapati as CTO w.e.f November 1 (Neutral)

*ABAMC:* Profit up 10.8% at Rs 191.7 cr Vs Rs 173.1 cr, Revenue down 6.3% at Rs 311.1 cr Vs Rs 332 cr (YoY) (Neutral)

*Spandana Sphoorty:* Company to consider raising funds via bond issue On November 01 (Neutral)

*Indus Tower:* Revenue at Rs 7,966.6 cr Vs Rs 6,897.3 cr (QoQ) Profit at Rs 871.8 cr Vs Rs 477.3 cr (QoQ) (Neutral)

*SBI Card:* Net profit up 52.4% at Rs 525.6 cr Vs Rs 344.9 cr (YoY) Revenue up 28% at Rs 3,297.1 cr Vs Rs 2,576.2 cr (YoY) (Neutral)

*CE Info Systems:* Recorded flat profit at Rs 25.37 crore for the Q2FY23 against Rs 25.39 crore YoY (Neutral)

*PC Jeweller:* Defaults on Rs 3,470 cr loan facilities in the July-Sep quarter

*Supreme Petrochem:* The company has reported a 53% year-on-year decline in standalone profit at Rs 59.64 crore for Q2FY23

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 28-10-2022 :*

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

*TOTAL NET BUY : +2977* 😄

*INDEX FUT. : -623*

*INDEX OPT. : +4246*

*STOCK FUT. : -790*

*STOCK OPT. : +144*


*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 28-OCT-22 : (Rs. CRS)*

*FIIS : BUY +1,568 (7,177-5,609)* 😄

*DIIS : SELL -613 (5,092-5,706)* 😩

*BSE SENSEX : +203 (59,960)🔼*

*NSE NIFTY : +50 (17,787)🔼*

*BSE MIDCAP. : -104 (25,047)*🔽

*BSE SMLCAP. : -177 (28,688)*🔽

*B. CRUDE : $ 96.06* 🔽 😊

*GOLD: $1650=INR 50,220(10gr)* 🔽 😔

*SILVER : RS. 58,580 (kg) (5pm) ↔️ 😳*

*FOREX : RS. : $ 82.47* ↔️ 😳

*6.54% GOI '32 : 7.4510% (93.99)* 🔼 😔

*7.26%NEW GOI '32: 7.4161%(98.91)*🔼😔

*7.54% GOI '36 : 7.5034% (100.30)* ↔️ 😳

SGX ABOVE 18000.

If this happens on Monday then NIFTY will be 1000 points up from Last Review on 13 October 2022.

Reason for Rally or upmove,
refer this link
https://telegram.me/AlliesFin/12182

THIS IS JUST THE BEGINNING ?
instagram.com/AxiitShah

*Mkt. Updates :*

*SGX Nifty +173 pts (18010) from last trade 17837 ,*

Nikkei +322 pts ,
Hangseng -32 pts ,
Around @ 6.56am .

Dow +828.52 pts ,Nsdq +309.78 pts, S&P
+93.76 pts , Bovespa -101 pts , Ftse -26 pts , Dax +32 pts , Cac +29 pts , Crude @ $88.33 brl (+0.43), Brent @ $96.21 brl (+0.44) , Gold @ 1647.50 (+2.70), Silver @ $19.175 (+0.02), Euro @ $0.9957, JPY @ $147.70, INR @ 82.265


*US GOVT. 10-YEAR YIELD : 4.05%*


*Today's Corporate Action, 31 Oct Ex Date :*

ASIANPAINT
Interim Dividend - Rs. - 4.4000
COLPAL
Interim Dividend - Rs. - 18.0000
DCMSHRIRAM
Interim Dividend - Rs. - 4.6000
EMBASSY
Income Distribution
FLUOROCHEM
Interim Dividend - Rs. - 2.0000
ISEC
Interim Dividend - Rs. - 9.7500
KPIGREEN
Interim Dividend - Rs. - 0.2500
NESTLEIND
Interim Dividend - Rs. - 120.0000
SANINFRA
Stock  Split From Rs.10/- to Rs.1/-
SASKEN
Interim Dividend - Rs. - 12.0000
SONATSOFTW
Interim Dividend - Rs. - 7.0000
SYMPHONY
Interim Dividend - Rs. - 2.0000
TDPOWERSYS
Stock  Split From Rs.10/- to Rs.2/-


*Today's Key Results/Board Meetings, 31-Oct-22 :*

3IINFOTECH
General;Quarterly Results
AGI
General;Quarterly Results
AKASHDEEP
Quarterly Results  
AURIONPRO
Quarterly Results  
BENARAS
General;Quarterly Results
BHAGYAPROP
Quarterly Results  
BHARTIARTL
Quarterly Results  
BIRLACABLE
Quarterly Results  
CASTROLIND
Quarterly Results  
CHANDRAP
General;Quarterly Results
COLINZ
Quarterly Results  
DAAWAT
Interim Dividend;Quarterly Results
DATAPATTNS
Quarterly Results  
DAULAT
Quarterly Results  
DGCONTENT
Quarterly Results  
EQUITASBNK
Quarterly Results  
FINOPB
Audited Results  
GHCL
Quarterly Results  
HINDBIO
Quarterly Results  
ICSL
General;Quarterly Results
INRADIA
Quarterly Results  
JLMORI
Quarterly Results  
LGBBROSLTD
Audited Results  
LT
Quarterly Results  
MANOMAY
Half Yearly Results  
MARUTISE
Quarterly Results  
MOLDTEK
General;Quarterly Results
MSUMI
Quarterly Results  
MURUDCERA
Issue Of Warrants;Quarterly Results
RADIOCITY
Quarterly Results  
RAJPALAYAM
Quarterly Results  
RRIL
Quarterly Results  
SAIJEEV
Quarterly Results  
SAREGAMA
Quarterly Results  
SERIND
Quarterly Results  
SHINEFASH
Half Yearly Results  
SPAL
Quarterly Results  
SUPREMEIND
Interim Dividend;Quarterly Results
SURANASOL
Quarterly Results  
SWARAJENG
Quarterly Results  
TATASTEEL
General;Quarterly Results
TCIEXP*
Interim Dividend;Quarterly Results
TEEAI
Quarterly Results  
TIMKEN
Quarterly Results  
VINCOFE
Quarterly Results  
VISHNU
Quarterly Results;Stock  Split
VSTTILLERS
Quarterly Results  
WELLNESS
General    
WELSPLSOL
Quarterly Results


*SEC. IN F&O BAN FOR, 31-Oct-22 :*

*NIL*

India Daybook – Stocks in News


*Hero MotoCorp:* Company saw growth of 20% over the corresponding festive period of FY22 (Positive)

*Astec Life:*
Net profit at Rs 18.3 cr Vs Rs 9.1 cr, Revenue up 94.7% at Rs 199.7 cr Vs Rs 102.6 cr (YoY) (Positive)

*Dr Reddy Q2:*
PAT at Rs 1,112.8 cr: poll saw cons PAT at Rs 819 cr. Sales at Rs 6,305.7 cr: poll saw cons sales at Rs 5,780 cr (Positive)

*Olectra Greentech:*
Net profit at Rs 7.4 cr Vs Rs 3.6 cr (YoY) Revenue at Rs 177.3 cr Vs Rs 71.4 cr (YoY) (Positive)

*CCL Products:*
Net profit up 17.1% at Rs 57.8 cr Vs Rs 49.3 cr, Revenue up 50.5% at Rs 506.6 cr Vs Rs 336.6 cr (YoY) (Positive)

*Zydus Life:*
Company receives Final approval from the USFDA for Acetaminophen injection (Positive)

*Aurobindo Pharma:* Company gets US FDA ANDA nod for Rufinamide & Pyrimethamine (Positive)

*HFCL:*
Received order worth Rs 115 cr from Reliance Projects & Property Management for supply of Optical Fiber Cables. (Positive)

*Kopran:*
Company has acquired the assets of an API manufacturing Unit of Abhinandan Rasayan (Positive)

*EIL:*
Mongol Refinery (MR) Project achieved a critical milestone of executing EPC contract agreement (Positive)

*Aether:*
Renewed a long-term agreement for 2 products being supplied to a leading global agrochemical innovator customer (Positive)

*Kalyan Jewellers:*
ICRA has upgraded the credit rating assigned to bank facilities of the Company (Positive)

*PTC Industries*
signs an agreement with BAE Systems to produce titanium castings for the 155mm Ultra-Lightweight Howitzer in India. (Positive)

*Centum:*
Announced a strategic partnership with Israel headquartered Rafael (Positive)

*ITI:*
ISRO Appreciates ITI Limited Palakkad Plant (Positive)

*Redington:*
Apple saw double-digit revenue growth in India in Sept quarter: Tim Cook (Positive)

*Goodluck:*
To issue on a preferential basis, upto 10,00,000 (ten lakhs) warrants, at an exercise price of Rs. 450/- to the promoter (Positive)

*SAIL:*
Company signs agreement with AAI to facilitate commercial operations at Rourkela Airport under RCS UDAN scheme (Positive)

*CDSL:*
Becomes the first depository to successfully participate in the securities settlement of India's first EGR transaction (Positive)

*LIC India:*
Company plans changes to revive stock, according to sources of ET (Positive)

*Satia Ind:*
Cons Rev 459 cr vs 186 cr, Cons PAT 50.8 cr vs 20.3 cr YoY (Positive)

*Triveni Turbine:*
Board meet on 2-November to Consider Buyback Of Shares (Positive)

*Carborundum:*
Cons Rev 1116 cr vs 834 cr, Cons PAT 93.7 cr vs 102.6 cr YoY (Neutral)

*Blue Dart:*
Net profit up 3.4% at Rs 93.6 cr Vs Rs 90.6 cr, Revenue up 17.9% at Rs 1,325.3 cr Vs Rs 1,123.6 cr (YoY) (Neutral)

*IDEA:*
EGM on Nov 21 to consider issue of securities on preferential basis (Neutral)

*MMTC:*
Shri Hardeep Singh , Additional DG, DGFT has assumed the charge of Chairman and Managing Director, MMTC Limited (Neutral)

*IOCL:*
Net loss at Rs 272.3 Cr vs Rs 1,992 Cr QoQ, Revenue down 7.5% at Rs 2.1 Lk Cr Vs Rs 2.2 Lk Cr QoQ (Neutral)

*Tata Power:*
Company appoints Rajiv Mehrishi as Independent Director of the co (Neutral)

*Blue Dart:*
Cons rev 1325.3 cr vs 1123.6 cr; up 18%. EBIDTA 250.7 cr vs 245.5 cr; up 2.1% YoY (Neutral)

*NTPC:*
Net Profit at Rs 3331.0 crore versus poll of Rs 3633.0 crore. Revenues at Rs 41015.0 crore versus poll of Rs 34850.0 crore (Neutral)

*Sona BLW:*
Net profit up 4.9% at Rs 92.5 cr Vs Rs 88.2 cr. Revenue up 13.2% at Rs 652.9 cr Vs Rs 577 cr (YoY) (Neutral)

*HSCL:*
Revenue at Rs. 1059 cr vs Rs. 1047 cr, up 1.2% QoQ, EBITDA at Rs. 97 cr vs Rs. 72 cr, up 35.7% QoQ (Neutral)

*Solar Ind:*
Company to consider raising up to Rs 100 cr via NCDs on Nov 4 (Neutral)

*Tata Power:*
Profit at Rs 935.2 cr Vs Rs 506.0 cr, Revenue at Rs 14030.0 cr Vs Rs 9810.0 cr (QoQ) (Neutral)

*JSW Energy:*
Net profit up 37.3% at Rs 465.7 cr vs Rs 339.2 cr, Revenue up 14.4% at Rs 2,387.5 cr vs Rs 2,087.5 cr (YoY) (Neutral)

*Laurus Lab:*
US FDA issues Form 483 with 1 observation for Laurus Labs Parawada unit, observation is procedural in nature (Neutral)

*Reliance Ind:*
Reliance Strategic Business Ventures invests $15 million in its subsidiary, SkyTran Inc (Neutral)

*IFB Ind:*
Cons Rev 1118 cr vs 989 cr, Cons PAT 24.1 cr vs 24.6 cr YoY (Neutral)

*Datamatics:*
Cons Rev 343 cr vs 326 cr, Cons PAT 39.0 cr vs 42.0 cr QoQ (Neutral)

*Maruti:*
To recall 9,925 units of Wagon R, Celerio and Ignis manufactured between August 3, 2022 and September 1, 2022. (Neutral)

*Intellect:*
Cons Rev 527 cr vs 541 cr, Cons PAT 46.0 cr vs 68.0 cr QoQ

*Eveready:*
Net profit down 52.6% at Rs 14.7 cr Vs Rs 31 cr. Revenue up 5.15% at Rs 375.8 cr Vs Rs 357.5 cr (YoY)

*MRPL:*
Cons revenue from ops at Rs 28,453 cr vs Rs 17,753 cr: Cons loss of Rs 1,779 cr vs loss of Rs 410 cr YoY

*Indigo:*
DGCA orders probe after fire in IndiGo aircraft engine, plane grounded for inspection (


*Sugar Stocks:*
Centre extends ban on sugar exports; opens door for shipments under quotas

*Vedanta:*
Company registered a 54 percent YoY decline in profit at Rs 2,690 crore for the Q2FY23 impacted by weak operating performance

*Lupin:*
USFDA issues form 483 with 5 observations for Nagpur Unit-2 injectable manufacturing facility.

*Jubilant Pharmova:* USFDA issues OAI (official action indicated) for Roorkee facility

• Aggressive Loan Recovery Methods Unacceptable, RBI Governor

• India Tweaks Internet Rules to Allow Social Media Appeals

• US Secy Blinken, India’s Jaishankar Discussed Counterterrorism

• India Modi Says Recent Satelite Launch to Improve Digital Connectivity

• NTPC’s Profit Rises on Higher Electricity Demand in India

• Indian Oil 2Q Net Loss Lower Than Estimates on LPG Compensation

• India Extends Curbs on Sugar Exports Until October 2023

• India’s SEBI Cuts Denomination for Debt Issued on Private Basis

• Vedanta’s Profit More Than Halves as Costs Weigh, Prices Weaken

• UK-Backed Fund Invests in India Green Hydrogen Maker Hygenco

• India’s PC Jeweller Says No Fresh Default in its Accounts

• Top India Carmaker Beats Profit Forecast as Supply Woes Ease

o Revenue rose 46%, beating est., while costs surged 36%

• AMNS India Plans $7.3B Expansion to Boost Gujarat Mill Capacity

• India Forex Reserves Fall $3.85b to $524.5b in Week to Oct. 21

• Indian Stocks Advance for Second Week on Boost from Financials

• Bharti’s 5G Strategy in Focus as Revenue Growth Slows: Preview

• Larsen to Report Results; Shares Up 4.3% YTD: Preview

• Tata Steel to Report Results; Shares Down 8.9% YTD: Preview

• Global Funds Buy Net 15.7B Rupees of India Stocks Friday: NSE

o Domestic funds sell net 6.13b rupees of stocks

• Adani Eyes $150 Billion Investment Across Businesses, PTI Says

• US, India Agree to Postpone Trade Policy Forum to 2023, ANI Says

• Saudi Crown Prince May Visit India in Mid-November, ET Says

• India, Gulf Nations to Start Free Trade Pact Talks in Nov.: PTI

• Tata Seeks $1.8 Billion Working Capital Loan for Air India: ET

• India’s LIC Plans Changes to Revive Stock, Reuters Reports
• 4:00pm: India Fiscal Deficit in rupees for April- September

• 5:30pm: September Eight Infrastructure Industries, prior 3.3%

• Bandhan Bank (BANDHAN): 2Q net income 2.09b rupees vs. loss 30.1b Y/y, misses est. 8.85b, Provisions 12.8b vs. 6.42b q/q; gross NPA 7.19% vs. 7.25% q/q

• Blue Dart (BDE):2Q net income 920.1m rupees Vs. 894.8m Y/y; revenue +18% to 13.25b

• Dr Reddy’s (DRRD): 2Q net income +12% Y/y to 11.1b rupees, beats est. 7.61b; revenue +9.5% to 63.1b

• Eveready Industries (EVRIN): 2Q Net Income 147.3M Rupees Vs. 310.4M Rupees Y/y

• Hero MotoCorp (HMCL): Hero Honda: Significant Gain in Market Share on Festive Sales

• Indian Oil Corp. (IOCL): 2Q net loss 2.7b rupees vs. profit 63.6b Y/y, est. 68.86b; revenue +34% to 2.3 trln

• Intellect Design (INDA): 2Q net income -42% Y/y to 457.7m rupees, misses est. 735.8m; revenue +17% to 5.28b

• JSW Energy (JSW): 2Q Net Income +37% Y/y to 4.66b rupees, misses est. 6.7b; revenue +14% to 23.9b

• Kopran (KOP): Acquires API manufacturing unit of Abhinandan Rasayan

• Maruti Suzuki (MSIL): India Auto Industry Seen Growing 8% Next Year: Maruti Chairman; Major Gains in 2Q on Rupee Becoming Stronger Than Yen

• Mangalore Refinery & Petrochem (MRPL):2Q net loss 17.9b rupees, revenue +60% Y/y to 284.5b

• NTPC (NTPC): 2Q net income +5.4% Y/y to 33.3b rupees, misses est. 35.97b; revenue +39% to 410.2b

• Reliance (RIL): World’s Richest Family Is Starting to Spend $225 Billion Fortune

• Steel Authority (SAIL): Sail, AAI in Pact to Facilitate Rourkela Airport Commercial Ops

• Tata Power (TPWR): 2Q Net Income +94% Y/y to 8.19b rupees, meets est. 8.14b; revenue +43% to 140.3b

• Vedanta (VEDL): 2Q Net Income -61% Y/y to 18.1b rupees, misses est. 20.36b; revenue +21% to 362.4b; Ebitda margin 25% vs. 40% y/y

⚡️Elon Musk says Twitter's board and Wachtell law firm "deliberately hid evidence from the court."

Twitter Blue will soon reportedly include a verification badge for $20/month. #twitter #elonmusk

Telegram.me/AlliesFin

RBI increases interest rate on floating rate bonds to 7.69%
This interest rate will be applicable for the October 30, 2022-to April 29, 2023 period

The Reserve Bank of India (RBI) on October 28 announced a 231 basis point higher rate of interest on the government's Floating Rate Bond (FRB), 2034, at 7.69 percent per annum. One basis point is one-hundredth of a percentage point.(SOHIL SANGHVI 9833260254)

This interest rate will be applicable for the half-year period from October 30, 2022 to April 29, 2023.

"It may be recalled that FRB, 2034 will carry a coupon, which will have a base rate equivalent to the average of the Weighted Average Yield (WAY) of last three auctions of 182 Day T-Bills, plus a fixed spread (0.98%)," the central bank said in a release.

On April 29, the RBI had set interest on GOI FRB 2034 at 5.38 percent for the April 30, 2022-October 29, 2022 period.

Floating Rate Bonds are securities that do not have a fixed coupon rate. They have a variable coupon rate which is re-set at preannounced intervals.

The FRB bonds carry a coupon with a base rate equivalent to a weighted average yield of the last three auctions of 182-day Treasury Bills (T-Bill) plus a fixed spread decided by way of auction.

Since the start of this financial year, yields on T-Bills have risen more than 3 percent after the rate hike by the RBI and the systematic withdrawal of liquidity from the banking system.

In the auction held on October 27, the cut-off yield on the 91-day T-Bill was set at 6.3994 percent, 182-day at 6.7195 percent, and 6.9197 percent on 364-day.

Investors helpdesk +919869958999

Forthcoming Event

31st October: SUPREMEIND, TCIEXP to consider Dividend; Vishnu Chemicals to consider Stock Split; LT Foods Ltd. to consider Dividend & Fund raising; Murudeshwar Ceramics, Sumit Woods to consider Fund raising

01st November: TECHM to consider Dividend; Dhanuka Agritech to consider Buyback; Macrotech Developers, Spandana Sphoorty Financial, Timex Group India to consider Fund raising

02nd November: DALBHARAT, JAMNAAUTO, SHAREINDIA to consider Dividend; CL Educate to consider Bonus issue; Triveni Turbine to consider Buyback; Adani Transmission, Anka India to consider Fund raising

03rd November: AMARAJABAT, GMMPFAUDLR, NICCOPAR, SIYSIL to consider Dividend; Housing Development Finance Corporation, Ansal Properties to consider Fund raising; Capital Trade Links to consider Consolidation of Shares

04th November: AMRUTANJAN to consider Dividend; Jagran Prakashan, Orbit Exports to consider Buyback; TVS Motor Company to consider Fund raising; Capri Global Capital to consider Right Issue

05th November: EPL, MAANALU, POWERGRID to consider Dividend; Triveni Engineering to consider Buyback; Mefcom Capital Markets to consider Stock Split

07th November: COALINDIA, INDAG, INDSILHYD, OCCL to consider Dividend; Gloster Ltd. to consider Bonus issue; Gradiente Infotainment to consider Fund raising

08th November: Filatex India to consider Stock Split; MRF to consider Dividend & Fund raising

09th November: ASMTEC, MSTCLTD, PETRONET to consider Dividend

10th November: CONCOR, PAGEIND to consider Dividend; Alstone Textiles (India) to consider Bonus issue & Consolidation of Shares; Dugar Housing Developments to consider Reduction of Capital

11th November: EMAMILTD, ESABINDIA, INDTONER to consider Dividend

12th November: MANAPPURAM, ONGC to consider Dividend