Nifty last 5 years yearly movement.
Telegram.me/AlliesFin
Telegram.me/AlliesFin
Another Positive Year .
Now we have had just one loss in the last 11 Years
Telegram.me/AlliesFin
Nifty 2011 to 2022
2012:🟢+27.7%
2013:🟢+6.8%
2014:🟢+31.4%
2015:🔴-4.1%
2016:🟢+3.0%
2017:🟢+28.6%
2018:🟢+3.2%
2019:🟢+12.0%
2020:🟢+14.9%
2021:🟢+24.1%
2022:🟢+4.3%
And most of us are still asking questions :
1. *Market ka kya lag raha hai ?*
2. *Lagta hai Recession aayega ?*
3. *Jab Dip aayega tab buy karunga. And jab Dip aayega tab aur Dip aane par buy karunga.*
4. *Markets all time high par hai. Abhi Invest nahi karunga*
East or West. Equity Investing is the Best with *Ordinary Companies* but with *Extraordinary Patience*.
Start Investing Now !
Story of 2022:
FIIs sold 2.75 lac crore
DIIs bought 2.74 lac crore
*2022*
Trading days 248
Green days 125
Red days 123
Fii Invst(-)2.75 L Cr
Dii Invst(+)2.6L Cr
*Gainers*
Cap Goods +17%
FMCG +22%
Metal +20%
PSU banks +67%
BankNifty +21%
Midcap index+3%
SmallCap index (-)15%
*Losers*
Health (-)11%
Pharma(-) 10%
I.T (-) 25%
Consumer (-)14%
Realty (-) 12%
Now we have had just one loss in the last 11 Years
Telegram.me/AlliesFin
Nifty 2011 to 2022
2012:🟢+27.7%
2013:🟢+6.8%
2014:🟢+31.4%
2015:🔴-4.1%
2016:🟢+3.0%
2017:🟢+28.6%
2018:🟢+3.2%
2019:🟢+12.0%
2020:🟢+14.9%
2021:🟢+24.1%
2022:🟢+4.3%
And most of us are still asking questions :
1. *Market ka kya lag raha hai ?*
2. *Lagta hai Recession aayega ?*
3. *Jab Dip aayega tab buy karunga. And jab Dip aayega tab aur Dip aane par buy karunga.*
4. *Markets all time high par hai. Abhi Invest nahi karunga*
East or West. Equity Investing is the Best with *Ordinary Companies* but with *Extraordinary Patience*.
Start Investing Now !
Story of 2022:
FIIs sold 2.75 lac crore
DIIs bought 2.74 lac crore
*2022*
Trading days 248
Green days 125
Red days 123
Fii Invst(-)2.75 L Cr
Dii Invst(+)2.6L Cr
*Gainers*
Cap Goods +17%
FMCG +22%
Metal +20%
PSU banks +67%
BankNifty +21%
Midcap index+3%
SmallCap index (-)15%
*Losers*
Health (-)11%
Pharma(-) 10%
I.T (-) 25%
Consumer (-)14%
Realty (-) 12%
Telegram
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Make Money Work for you...
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#Currency
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Channel 4 Educational Purpose Only,
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Make Money Work for you...
#Equity
#Currency
#Trading
#Training
#Tutorials
#Online #Offline
#Risk #Management
Market News & Updates
Channel 4 Educational Purpose Only,
Contact @AxitDShah +919869958999
👍1
*SGX Nifty -45 pts (18175) from last trade 18220 ,*
Nikkei clsd ,
Hangseng clsd ,
Now @6.58am .
Dow -73.55 pts ,Nsdq -11.60 pts, S&P
-9.78 pts, Bovespa Clsd , Ftse -60 Pts , Dax -148 pts , Cac -99 pts , Crude @ $80.51 brl (+2.11), Brent @ $85.91 brl (-0.00) , Gold @ 1830.10 (+4.10), Silver @ $24.18 (-0.07), Euro @ $1.0692, JPY @ $130.85, INR @ 82.715
*Today's Corporate Action*
*2nd Jan Ex Date*
TIJARIA
E.G.M.
*Today's Key Results/Board Meetings*
*2-Jan-22*
ASHAPURMIN
Issue Of Warrants
COASTCORP
General;Right Issue of Equity Shares
INVENTURE
General;Rights Issue
NITTAGELA
Right Issue of Equity Shares
ORCHASP
General
RACE
General
SANGHIIND
General
*Stock under F&O ban on NSE*
*02-Dec-22*
None
Nikkei clsd ,
Hangseng clsd ,
Now @6.58am .
Dow -73.55 pts ,Nsdq -11.60 pts, S&P
-9.78 pts, Bovespa Clsd , Ftse -60 Pts , Dax -148 pts , Cac -99 pts , Crude @ $80.51 brl (+2.11), Brent @ $85.91 brl (-0.00) , Gold @ 1830.10 (+4.10), Silver @ $24.18 (-0.07), Euro @ $1.0692, JPY @ $130.85, INR @ 82.715
*Today's Corporate Action*
*2nd Jan Ex Date*
TIJARIA
E.G.M.
*Today's Key Results/Board Meetings*
*2-Jan-22*
ASHAPURMIN
Issue Of Warrants
COASTCORP
General;Right Issue of Equity Shares
INVENTURE
General;Rights Issue
NITTAGELA
Right Issue of Equity Shares
ORCHASP
General
RACE
General
SANGHIIND
General
*Stock under F&O ban on NSE*
*02-Dec-22*
None
India Daybook – Stocks in News
Shriram Finance: Company secures $100 mn long-term funding from Asian Development Bank (Positive)
CSB Bank Q3: Gross advances up 25.74%, Deposits up 19% (YoY) (Positive)
Dabur: Company says transaction with Badshah Masala has been completed (Positive)
South Indian Bank Q3: Gross Advances up 18% at Rs 70,168 cr Vs Rs 59,226 cr (YoY) (Positive)
HFCL: Company receives Purchase Orders aggregating to Rs 95.38 cr from Reliance Projects & Property Management Services (Positive)
M&M Financial: Aided by the continued momentum, total loan disbursals in December rose 67% on year to Rs 4,650 crore (Positive)
ONGC: 'Sagar Samrat' starts Oil and Gas production in Arabian Sea (Positive)
Eicher Motors Royal Enfield Total sales at 68,400 units vs Nomura’s estimate of 65,000 units (Positive)
PSP Projects: Company declared lowest bidder for a Government project worth Rs 1,364.47 cr in Surat, Gujarat (Positive)
Nazara Technologies: India has proposed self-regulatory bodies for online gaming companies operating in the country. (Positive)
Likhita infra: Order book swells by another 120Cr (Positive)
Borosil: The company has commenced commercial production of opal ware glass at its Jaipur plant in Rajasthan. (Positive)
Safari Industries: Subsidiary Safari Manufacturing has successfully commenced its additional commercial production of luggage at Halol factory in Gujarat. (Positive)
Hind Zinc Q3 Biz Update: Mined metal output at 2.54 lakh tonne, up 1% YoY. (Positive)
State Bank of India, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (Neutral)
Karnataka Bank Q3: CASA at Rs 26,991.74 cr Vs Rs 24,549.42 cr, up 9.95% (Neutral)
Concor: December rail freight traffic stood at 130.7 million tonnes, up 3% YoY (Neutral)
Torrent Power: Company in talks with ReNew to buy 1.1GW clean energy capacity (Neutral)
Birlasoft: CFO Chandrasekar Thyagarajan resigns (Neutral)
State Bank of India: The lender’s board will meet to consider and approve raising of infrastructure bonds (Neutral)
Maruti Suzuki: December Production Down 18% To 1,24,722 Units.
Zee Ent: A petition has been filed under Section 9 of the Insolvency and Bankruptcy Code by the Indian Performing Right Society
Zomato: Co-founder and Chief Technology Officer Gunjan Patidar steps down
Shriram Finance: Company secures $100 mn long-term funding from Asian Development Bank (Positive)
CSB Bank Q3: Gross advances up 25.74%, Deposits up 19% (YoY) (Positive)
Dabur: Company says transaction with Badshah Masala has been completed (Positive)
South Indian Bank Q3: Gross Advances up 18% at Rs 70,168 cr Vs Rs 59,226 cr (YoY) (Positive)
HFCL: Company receives Purchase Orders aggregating to Rs 95.38 cr from Reliance Projects & Property Management Services (Positive)
M&M Financial: Aided by the continued momentum, total loan disbursals in December rose 67% on year to Rs 4,650 crore (Positive)
ONGC: 'Sagar Samrat' starts Oil and Gas production in Arabian Sea (Positive)
Eicher Motors Royal Enfield Total sales at 68,400 units vs Nomura’s estimate of 65,000 units (Positive)
PSP Projects: Company declared lowest bidder for a Government project worth Rs 1,364.47 cr in Surat, Gujarat (Positive)
Nazara Technologies: India has proposed self-regulatory bodies for online gaming companies operating in the country. (Positive)
Likhita infra: Order book swells by another 120Cr (Positive)
Borosil: The company has commenced commercial production of opal ware glass at its Jaipur plant in Rajasthan. (Positive)
Safari Industries: Subsidiary Safari Manufacturing has successfully commenced its additional commercial production of luggage at Halol factory in Gujarat. (Positive)
Hind Zinc Q3 Biz Update: Mined metal output at 2.54 lakh tonne, up 1% YoY. (Positive)
State Bank of India, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (Neutral)
Karnataka Bank Q3: CASA at Rs 26,991.74 cr Vs Rs 24,549.42 cr, up 9.95% (Neutral)
Concor: December rail freight traffic stood at 130.7 million tonnes, up 3% YoY (Neutral)
Torrent Power: Company in talks with ReNew to buy 1.1GW clean energy capacity (Neutral)
Birlasoft: CFO Chandrasekar Thyagarajan resigns (Neutral)
State Bank of India: The lender’s board will meet to consider and approve raising of infrastructure bonds (Neutral)
Maruti Suzuki: December Production Down 18% To 1,24,722 Units.
Zee Ent: A petition has been filed under Section 9 of the Insolvency and Bankruptcy Code by the Indian Performing Right Society
Zomato: Co-founder and Chief Technology Officer Gunjan Patidar steps down
PROMOTERS SOLD SHARES IN OPEN MARKET RECENTLY, CONFIRM WITH YOUR DATA TOO. TEELGRAM.ME/ALLIESFIN FOR MARKET UPDATES :)
Forwarded from Aapka Saarthi @STOCKARTHi Make Money Work For You !!!
NASDAQ 100 CHART FOR EDUCATIONAL AND MOTIVATIONAL PURPOSE ONLY.
GOOD BASE FORMATION.
UPSIDE MOVE POSSIBLE IF HOLD
10K MARK. AAPKA SAARTHi @A1GURUKULAM
GOOD BASE FORMATION.
UPSIDE MOVE POSSIBLE IF HOLD
10K MARK. AAPKA SAARTHi @A1GURUKULAM
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 03-01-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +9203*
*INDEX FUT. : -666*
*INDEX OPT. : +9964*
*STOCK FUT. : -155*
*STOCK OPT. : +60*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 03-JAN-2023 :*
*FIIS : SELL -628 (3,077-3,705)* 😩
*DIIS : BUY +350 (5,243-4,893)* 🙂
*BSE SENSEX : +126 (61,294)🔼*
*NSE NIFTY : +35 (18,232)🔼*
*BSE MIDCAP. : +56 (25,514)*🔼
*BSE SMLCAP. : +53 (29,222)*🔼
*B. CRUDE : $ 84.98* 🔽 😊
*GOLD: $1834=INR 55,310(10gr)* 🔼 🙂
*SILVER : RS. 72,300 (kg) (5pm) 🔼 😊*
*FOREX : RS. : $ 82.88* 🔽 😔
*7.26% GOI '32 : 7.3398%(99.57)*🔽 🙂
*7.54% GOI '36 : 7.4195% (101.00)* 🔽 🙂
*7.41 GOI '36 : 7.4048% (100.04)* 🔽 🙂
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +9203*
*INDEX FUT. : -666*
*INDEX OPT. : +9964*
*STOCK FUT. : -155*
*STOCK OPT. : +60*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 03-JAN-2023 :*
*FIIS : SELL -628 (3,077-3,705)* 😩
*DIIS : BUY +350 (5,243-4,893)* 🙂
*BSE SENSEX : +126 (61,294)🔼*
*NSE NIFTY : +35 (18,232)🔼*
*BSE MIDCAP. : +56 (25,514)*🔼
*BSE SMLCAP. : +53 (29,222)*🔼
*B. CRUDE : $ 84.98* 🔽 😊
*GOLD: $1834=INR 55,310(10gr)* 🔼 🙂
*SILVER : RS. 72,300 (kg) (5pm) 🔼 😊*
*FOREX : RS. : $ 82.88* 🔽 😔
*7.26% GOI '32 : 7.3398%(99.57)*🔽 🙂
*7.54% GOI '36 : 7.4195% (101.00)* 🔽 🙂
*7.41 GOI '36 : 7.4048% (100.04)* 🔽 🙂
*🌹India Daybook – Stocks in News*
*Equitas SFB:* The Reserve Bank of India approves SBI Funds Management Limited's acquisition of 9.99% stake in Equitas SFB (Positive)
*PSB Bank Q3:* Total biz up 12.26% at Rs 1.87 lk cr vs Rs 1.67 lk cr (YoY) (Positive)
*RailTel:* Company receives order worth Rs 186.19 Cr from South Eastern Coalfields (SECL) for 5 years (Positive)
*NTPC:* Company starts India’s first green hydrogen blending operation in PNG Network (Positive)
*Avenue Supermarts:* Q3 standalone revenue from operations at Rs 11,304.58 cr Vs Rs 9,065.02 Cr (YoY) (Positive)
*Themis Medicare:* Company launches ‘Lenzetto’ for treatment of menopausal symptoms (Positive)
*Coal India:* Coal production rises 16% at 608 mn tonnes during Apr-Dec period of FY23 (Positive)
*Logistic Stocks:* ICRA revises upwards road logistics sector growth forecast to 11-13% this fiscal (Positive)
*IRB Infra:* Board to meet to consider Stock-Split Proposal (Positive)
*BF Investment:* Board to meet to consider Voluntary Delisting of Shares. (Positive)
*MCX India:* Norges Bank - Government Pension Fund Global has bought 3.38 lakh shares in the company (Positive)
*PNC Infratech:* Subsidiary Akkalkot Highways received appointed date, from NHAI for construction of 6 lane with access controlled greenfield highway. (Positive)
*Indigo:* The domestic air passenger traffic for the airline sector touched 1.29 crore to cross the pre-COVID level in December. (Positive)
*Reliance Capital:* Torrent Investments gets interim relief from NCLT in Rel Cap bidding case (Neutral)
*Reliance Industries:* Reliance Consumer Products Limited will acquire 50% stake in Sosyo Hajoori Beverages (Neutral)
*Vedanta* Q3: Total Aluminium production up 2% YoY at 566 kt (Neutral)
*ICICI Bank:* CBI seeks details of 10 high value loans disbursed by ICICI Bank to Videocon between 2012-2018: CNBC Sources (Neutral)
*HDFC Q3:* Company assigned loans amounting to ₹8,892 crore compared to ₹7,468 crore YoY (Neutral)
*Can Fin Homes:* Company appoints Apurav Agarwal as CFO as Prashanth Joishy resigns (Neutral)
*LTI Mindtree:* Venugopal Lambu resigns from the position of Whole-time Director & President, Markets 11, to pursue opportunities outside the Company (Neutral)
*Indusind Bank:* Net Advances at Rs 2.719 Lakh Crores Up 19% YoY & Up 5% QoQ (Neutral)
*Satin Creditcare:* The board of directors of the company will meet on January 6 to consider raising of funds (Neutral)
*KIMS:* To Consider Fund Raising Via NCDs Aggregating Rs 300 Crores. (Neutral)
*FMCG Stocks:* With weak rural demand, FMCG sales dip 4.7% in December
Tech Continues to Pummel US Stocks; Dollar Gains: Markets Wrap
US stocks continued to decline as investors remain on the edge about the outlook for growth stocks after Tesla Inc. dropped the most since 2020 on demand woes and declines in Apple Inc. dragged key indexes. The dollar rose the most in nearly three weeks.
The S&P 500 fell about 1%, dragged by technology and energy stocks. The tech-heavy Nasdaq 100’s losses surpassed 1%. A drop in Apple shares, as concerns about iPhone supply in the important holiday quarter mount, pushed the firm’s market value below $2 trillion. The firm has told suppliers to make fewer components for some products because of weakening demand. Tesla fell after fourth-quarter deliveries missed estimates, despite the firm offering incentives in important markets.
In a departure from what stocks are doing on Tuesday, Treasuries rose, with yields declining across the curve. The 10-year yield dropped to around 3.77%, after falling to 3.72% earlier. Stocks and bonds could return to their old ways, with bonds serving as a hedge for risk exposure, according to most respondents of MLIV Pulse’s latest survey.
Investors, still cautious after their wagers missed the mark in 2022, expect a volatile year of trading as uncertainty about the US economy persists. Federal Reserve policy will dictate how stocks and bonds perform, with some traders already seeking out opportunities resulting from risk assets getting sold off.
*Equitas SFB:* The Reserve Bank of India approves SBI Funds Management Limited's acquisition of 9.99% stake in Equitas SFB (Positive)
*PSB Bank Q3:* Total biz up 12.26% at Rs 1.87 lk cr vs Rs 1.67 lk cr (YoY) (Positive)
*RailTel:* Company receives order worth Rs 186.19 Cr from South Eastern Coalfields (SECL) for 5 years (Positive)
*NTPC:* Company starts India’s first green hydrogen blending operation in PNG Network (Positive)
*Avenue Supermarts:* Q3 standalone revenue from operations at Rs 11,304.58 cr Vs Rs 9,065.02 Cr (YoY) (Positive)
*Themis Medicare:* Company launches ‘Lenzetto’ for treatment of menopausal symptoms (Positive)
*Coal India:* Coal production rises 16% at 608 mn tonnes during Apr-Dec period of FY23 (Positive)
*Logistic Stocks:* ICRA revises upwards road logistics sector growth forecast to 11-13% this fiscal (Positive)
*IRB Infra:* Board to meet to consider Stock-Split Proposal (Positive)
*BF Investment:* Board to meet to consider Voluntary Delisting of Shares. (Positive)
*MCX India:* Norges Bank - Government Pension Fund Global has bought 3.38 lakh shares in the company (Positive)
*PNC Infratech:* Subsidiary Akkalkot Highways received appointed date, from NHAI for construction of 6 lane with access controlled greenfield highway. (Positive)
*Indigo:* The domestic air passenger traffic for the airline sector touched 1.29 crore to cross the pre-COVID level in December. (Positive)
*Reliance Capital:* Torrent Investments gets interim relief from NCLT in Rel Cap bidding case (Neutral)
*Reliance Industries:* Reliance Consumer Products Limited will acquire 50% stake in Sosyo Hajoori Beverages (Neutral)
*Vedanta* Q3: Total Aluminium production up 2% YoY at 566 kt (Neutral)
*ICICI Bank:* CBI seeks details of 10 high value loans disbursed by ICICI Bank to Videocon between 2012-2018: CNBC Sources (Neutral)
*HDFC Q3:* Company assigned loans amounting to ₹8,892 crore compared to ₹7,468 crore YoY (Neutral)
*Can Fin Homes:* Company appoints Apurav Agarwal as CFO as Prashanth Joishy resigns (Neutral)
*LTI Mindtree:* Venugopal Lambu resigns from the position of Whole-time Director & President, Markets 11, to pursue opportunities outside the Company (Neutral)
*Indusind Bank:* Net Advances at Rs 2.719 Lakh Crores Up 19% YoY & Up 5% QoQ (Neutral)
*Satin Creditcare:* The board of directors of the company will meet on January 6 to consider raising of funds (Neutral)
*KIMS:* To Consider Fund Raising Via NCDs Aggregating Rs 300 Crores. (Neutral)
*FMCG Stocks:* With weak rural demand, FMCG sales dip 4.7% in December
Tech Continues to Pummel US Stocks; Dollar Gains: Markets Wrap
US stocks continued to decline as investors remain on the edge about the outlook for growth stocks after Tesla Inc. dropped the most since 2020 on demand woes and declines in Apple Inc. dragged key indexes. The dollar rose the most in nearly three weeks.
The S&P 500 fell about 1%, dragged by technology and energy stocks. The tech-heavy Nasdaq 100’s losses surpassed 1%. A drop in Apple shares, as concerns about iPhone supply in the important holiday quarter mount, pushed the firm’s market value below $2 trillion. The firm has told suppliers to make fewer components for some products because of weakening demand. Tesla fell after fourth-quarter deliveries missed estimates, despite the firm offering incentives in important markets.
In a departure from what stocks are doing on Tuesday, Treasuries rose, with yields declining across the curve. The 10-year yield dropped to around 3.77%, after falling to 3.72% earlier. Stocks and bonds could return to their old ways, with bonds serving as a hedge for risk exposure, according to most respondents of MLIV Pulse’s latest survey.
Investors, still cautious after their wagers missed the mark in 2022, expect a volatile year of trading as uncertainty about the US economy persists. Federal Reserve policy will dictate how stocks and bonds perform, with some traders already seeking out opportunities resulting from risk assets getting sold off.
⚡1
💸Short name for words related to Stock Market💰
Full list Telegram.me/AlliesFin/12538
CMP -Current Market Price
LTP -Last Traded Price
SL-STOP LOSS
TGT -TARGET
TSL -TRAILING SL
VOL -VOLUME
TL -TREND LINE
BO -Break Out
PDH -Previous Day High
PDL -Previous Day Low
DH -Day High
DL -Day Low
ATH -All Time High
CLBS/CB -Closing Basis
DCB -Daily Closing Basis
WCB -Weekly Closing Basis
MCB -Monthly Closing Basis
HH -Higher High
HL -Higher Low
LH -Lower High
LL -Lower Low
S&D -Supply and Demand
S&R -Support and
Resistance
ATM -At the Money
OTM -Out of the money
ITM -In the money
CE -Call option
PE -Put option
IMB -imbalance
IB -Initial Balance
VAH -Value Area High
VAL-Value Area Low
LVN -Low Volume Node
HVN -High Volume Node
OFA -Order Flow analysis
MP -Market Profile
VP -Volume Profile
Full list Telegram.me/AlliesFin/12538
CMP -Current Market Price
LTP -Last Traded Price
SL-STOP LOSS
TGT -TARGET
TSL -TRAILING SL
VOL -VOLUME
TL -TREND LINE
BO -Break Out
PDH -Previous Day High
PDL -Previous Day Low
DH -Day High
DL -Day Low
ATH -All Time High
CLBS/CB -Closing Basis
DCB -Daily Closing Basis
WCB -Weekly Closing Basis
MCB -Monthly Closing Basis
HH -Higher High
HL -Higher Low
LH -Lower High
LL -Lower Low
S&D -Supply and Demand
S&R -Support and
Resistance
ATM -At the Money
OTM -Out of the money
ITM -In the money
CE -Call option
PE -Put option
IMB -imbalance
IB -Initial Balance
VAH -Value Area High
VAL-Value Area Low
LVN -Low Volume Node
HVN -High Volume Node
OFA -Order Flow analysis
MP -Market Profile
VP -Volume Profile
Telegram
🇮🇳Allies Fin Serve Stock Market
💸Short name for words related to Stock Market💰
Full list Telegram.me/AlliesFin
CMP -Current Market Price
LTP -Last Traded Price
SL-STOP LOSS
TGT -TARGET
TSL -TRAILING SL
VOL -VOLUME
TL -TREND LINE
BO -Break Out
PDH -Previous Day High
PDL -Previous…
Full list Telegram.me/AlliesFin
CMP -Current Market Price
LTP -Last Traded Price
SL-STOP LOSS
TGT -TARGET
TSL -TRAILING SL
VOL -VOLUME
TL -TREND LINE
BO -Break Out
PDH -Previous Day High
PDL -Previous…
Read full article on
Telegram.me/AlliesFin
*Indian Unlisted Companies Shine*
CMIE’s Prowess database houses the performance metrics of over 50,000 companies. This may be small in count—a mere 3.3% compared to the 1.5 million active companies registered with the Ministry of Company Affairs. But these 50,000 plus companies in Prowess contain the more active firms in India. Prowess companies are not limited to listed companies. About 90% of the companies in Prowess do not have their equity shares or bonds listed on the bourses.
A useful measure of the representativeness of the Prowess dataset is the share of these companies in the corporate taxes collected by the central government. For a long time—between 2004-05 and 2016-17, companies in the Prowess database accounted for about 70% of the total corporate taxes collected by the central government. Between these two years, the number of companies for which data is available in a year has varied from about 16,000 to 34,000. But, the share of these companies in the corporate taxes collected by the central government has been mostly close to 70%, or higher. The variation is within a relatively narrow range of 67-77%.
Therefore, the less-than 3% companies in the Prowess database account for about 70% of the total corporate taxes collected by the central government. It may not be incorrect to assume that 3% of the companies account for 70% of the profits generated, and by extension, the business generated by the corporate sector in India. This illustrates the concentration of economic activity and the concentration of wealth in India.
Usually, the yearly growth in corporate taxes paid by listed companies is lower than the growth in corporate taxes paid by unlisted companies. And, the growth in taxes collected by the central government is between the two. There are exceptions, but these are usually minor. Fiscal 2017-18 was one such exception. Growth in central government tax collections at 17.8% was much higher than the corporate taxes accounted for by both, listed companies (4.7%) and the unlisted companies (7.2%).
In 2019-20, all three—listed companies, unlisted companies and central government reported a sharp fall in corporate taxes—in the range of 14-19%. This adds to the long list of indicators that tell us that the Indian economy had slowed down sharply well before it was struck by the Covid-19 pandemic.
In 2020-21, the year of the pandemic, while corporate tax collections by the central government fell sharply by 17.8%, corporate taxes paid by listed companies declined by only 3.4%. And, corporate taxes paid by unlisted companies in the Prowess dataset increased by 1.4%. This has a serious implication. It suggests that the hundreds of thousands of unlisted companies that are not covered by Prowess did terribly during the Covid-19 year. We deduce from the available data that their profits halved. It is possible that large numbers from these could have incurred huge losses. They represent the hidden vulnerability of Indian enterprise. These will include the large numbers of small and medium-sized enterprises.
The central government had collected Rs 4.58 trillion corporate taxes. The 32,238 companies in the Prowess database that have data for 2020-21 account for Rs 3.5 trillion. Of this, Rs 1.93 trillion of taxes was contributed by the listed companies and Rs 1.57 trillion by the unlisted companies in the Prowess database. Companies that are not covered in the Prowess database accounted for the remaining Rs 1.1 trillion. They had contributed Rs 2 trillion in the previous year.
It is interesting that the share of listed companies in total taxes has been falling, while that of unlisted companies in the Prowess dataset has been rising. The share of listed companies in total corporate taxes collected by the central government had peaked at 64% in 2002-03. Since then, it has declined steadily to fall to 36% in 2019-20. This is in spite of the fact that a large number of loss-making companies were delisted during 2016-17 through 2018-19.
Telegram.me/AlliesFin
*Indian Unlisted Companies Shine*
CMIE’s Prowess database houses the performance metrics of over 50,000 companies. This may be small in count—a mere 3.3% compared to the 1.5 million active companies registered with the Ministry of Company Affairs. But these 50,000 plus companies in Prowess contain the more active firms in India. Prowess companies are not limited to listed companies. About 90% of the companies in Prowess do not have their equity shares or bonds listed on the bourses.
A useful measure of the representativeness of the Prowess dataset is the share of these companies in the corporate taxes collected by the central government. For a long time—between 2004-05 and 2016-17, companies in the Prowess database accounted for about 70% of the total corporate taxes collected by the central government. Between these two years, the number of companies for which data is available in a year has varied from about 16,000 to 34,000. But, the share of these companies in the corporate taxes collected by the central government has been mostly close to 70%, or higher. The variation is within a relatively narrow range of 67-77%.
Therefore, the less-than 3% companies in the Prowess database account for about 70% of the total corporate taxes collected by the central government. It may not be incorrect to assume that 3% of the companies account for 70% of the profits generated, and by extension, the business generated by the corporate sector in India. This illustrates the concentration of economic activity and the concentration of wealth in India.
Usually, the yearly growth in corporate taxes paid by listed companies is lower than the growth in corporate taxes paid by unlisted companies. And, the growth in taxes collected by the central government is between the two. There are exceptions, but these are usually minor. Fiscal 2017-18 was one such exception. Growth in central government tax collections at 17.8% was much higher than the corporate taxes accounted for by both, listed companies (4.7%) and the unlisted companies (7.2%).
In 2019-20, all three—listed companies, unlisted companies and central government reported a sharp fall in corporate taxes—in the range of 14-19%. This adds to the long list of indicators that tell us that the Indian economy had slowed down sharply well before it was struck by the Covid-19 pandemic.
In 2020-21, the year of the pandemic, while corporate tax collections by the central government fell sharply by 17.8%, corporate taxes paid by listed companies declined by only 3.4%. And, corporate taxes paid by unlisted companies in the Prowess dataset increased by 1.4%. This has a serious implication. It suggests that the hundreds of thousands of unlisted companies that are not covered by Prowess did terribly during the Covid-19 year. We deduce from the available data that their profits halved. It is possible that large numbers from these could have incurred huge losses. They represent the hidden vulnerability of Indian enterprise. These will include the large numbers of small and medium-sized enterprises.
The central government had collected Rs 4.58 trillion corporate taxes. The 32,238 companies in the Prowess database that have data for 2020-21 account for Rs 3.5 trillion. Of this, Rs 1.93 trillion of taxes was contributed by the listed companies and Rs 1.57 trillion by the unlisted companies in the Prowess database. Companies that are not covered in the Prowess database accounted for the remaining Rs 1.1 trillion. They had contributed Rs 2 trillion in the previous year.
It is interesting that the share of listed companies in total taxes has been falling, while that of unlisted companies in the Prowess dataset has been rising. The share of listed companies in total corporate taxes collected by the central government had peaked at 64% in 2002-03. Since then, it has declined steadily to fall to 36% in 2019-20. This is in spite of the fact that a large number of loss-making companies were delisted during 2016-17 through 2018-19.
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The share of unlisted companies in total tax collected has increased correspondingly. The flip is quite sharp.
But, in 2020-21, when Covid-19 struck the fortunes of non-Prowess companies, the share of listed companies in total corporate tax collection rose to 42% and the share of unlisted companies in the Prowess dataset increased to 34%. Collectively, the Prowess set of companies accounted for 76.5% of total corporate tax collection in 2020-21. Listed companies retained their 42% share in 2021-22. It is likely that the unlisted companies in Prowess also retained, if not raised, their share in total corporate tax collection by the central government. We will know for sure in a few months when the data collection for 2021-22 is more complete than it is now.
During the first half of 2022-23, profits by listed companies increased by around 7% compared to the year-ago period. But, corporate tax collections by the central government grew by nearly 22%. This implies that unlisted companies grew much, much faster than listed companies. We expect profits of listed companies to grow by 5% in the second half of 2022-23. The government had budgeted corporate tax collections to grow by about 14%, but is headed to see a much larger growth. This again implies that unlisted companies are growing their profits faster than listed companies.
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But, in 2020-21, when Covid-19 struck the fortunes of non-Prowess companies, the share of listed companies in total corporate tax collection rose to 42% and the share of unlisted companies in the Prowess dataset increased to 34%. Collectively, the Prowess set of companies accounted for 76.5% of total corporate tax collection in 2020-21. Listed companies retained their 42% share in 2021-22. It is likely that the unlisted companies in Prowess also retained, if not raised, their share in total corporate tax collection by the central government. We will know for sure in a few months when the data collection for 2021-22 is more complete than it is now.
During the first half of 2022-23, profits by listed companies increased by around 7% compared to the year-ago period. But, corporate tax collections by the central government grew by nearly 22%. This implies that unlisted companies grew much, much faster than listed companies. We expect profits of listed companies to grow by 5% in the second half of 2022-23. The government had budgeted corporate tax collections to grow by about 14%, but is headed to see a much larger growth. This again implies that unlisted companies are growing their profits faster than listed companies.
Read full article on
Telegram.me/AlliesFin
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 04-01-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -3937* 😢
*INDEX FUT. : -2604*
*INDEX OPT. : +779*
*STOCK FUT. : -2101*
*STOCK OPT. : -11*
*SEC. IN F&O BAN FOR, 05 JAN, 2023 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 04-JAN-2023 :*
*FIIS : SELL -2,621 (4,508-7,129)* 😢
*DIIS : BUY +773 (5,601-4,828)* 😊
*BSE SENSEX : -637 (60,657)🔽*
*NSE NIFTY : -189 (18,043)🔽*
*BSE MIDCAP. : -248 (25,266)*🔽
*BSE SMLCAP. : -229 (28,993)*🔽
*B. CRUDE : $ 79.91* 🔽 😀😀
*GOLD: $1860=INR 56,390(10gr)* 🔼 😀
*SILVER : RS. 72,300 (kg) (5pm) 🔼 😊*
*FOREX : RS. : $ 82.8025* 🔼 🙂
*7.26% GOI '32 : 7.3212%(99.57)*🔽 🙂
*7.54% GOI '36 : 7.4195% (101.01)* ↔️ 😳
*7.41 GOI '36 : 7.3989% (100.09)* 🔽 🙂
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -3937* 😢
*INDEX FUT. : -2604*
*INDEX OPT. : +779*
*STOCK FUT. : -2101*
*STOCK OPT. : -11*
*SEC. IN F&O BAN FOR, 05 JAN, 2023 :*
*NIL*
*ADDITION : NIL*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 04-JAN-2023 :*
*FIIS : SELL -2,621 (4,508-7,129)* 😢
*DIIS : BUY +773 (5,601-4,828)* 😊
*BSE SENSEX : -637 (60,657)🔽*
*NSE NIFTY : -189 (18,043)🔽*
*BSE MIDCAP. : -248 (25,266)*🔽
*BSE SMLCAP. : -229 (28,993)*🔽
*B. CRUDE : $ 79.91* 🔽 😀😀
*GOLD: $1860=INR 56,390(10gr)* 🔼 😀
*SILVER : RS. 72,300 (kg) (5pm) 🔼 😊*
*FOREX : RS. : $ 82.8025* 🔼 🙂
*7.26% GOI '32 : 7.3212%(99.57)*🔽 🙂
*7.54% GOI '36 : 7.4195% (101.01)* ↔️ 😳
*7.41 GOI '36 : 7.3989% (100.09)* 🔽 🙂
D-STREEt SNAPs 2-DAy RALLy...!!!
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Indian indices tumbled a per cent on Wednesday as markets no longer could overlook the mixed global cues. Investors also decided to wait for the minutes from the Fed's meeting to get cues on the path forward for interest rates. All sectoral indices struggled in today's session
with Metal, Realty, PSU Bank, and Media shedding the most. Pharma and Healthcare were relatively less affected by the negative sentiment.
Bse Sector:
Gainers: None
Non Gainers : Metal, Realty, Utilities, Energy, Oil & Gas, Power, Commodities, Telecommunication, Teck, Financial Services, IT, Consumer Discretionary, Bankex, Capital Goods, FMCG, Auto, Industrials, Consumer Durables, Healthcare.
BEATINg tHe STREEt (Nifty):
Gainers were DivisLab, HDFCLife, Maruti, DrReddysLab, UltratechCement, TCS, EicherMtrs.
ExPECTATIOn BELIEd (Nifty):
NoN Gainers were JSWStl, Hindalco, CIL, TataStl, ONGC, PowerGrid, TataMtrs, Wipro, Infy, HDFCBk, Grasim, RIL, HDFC.
*SGX Nifty +57 pts (18160) from last trade 18103 ,*
Nikkei +171 pts ,
Hangseng +503 pts ,
Now @6.52am .
Dow +133.40 pts ,Nsdq +71.78 pts, S&P
+28.83 pts, Bovespa +1168 pts , Ftse +31 Pts , Dax +309 pts , Cac +152 pts , Crude @ $73.22 brl (+0.48), Brent @ $78.10 brl (-4.00) , Gold @ 1861.00 (+2.10), Silver @ $23.935 (-0.02), Euro @ $1.0604, JPY @ $132.22, INR @ 82.645
*Today's Corporate Action*
*5th Jan Ex Date*
None
*Today's Key Results/Board Meetings*
*5-Jan-22*
JANUSCORP
Increase in Authorised Capital
KPEL
General;Stock Split
RGRL
General;Increase in Authorised Capital;Preferential Issue of shares
RHIM
General
SAMINDUS
General
SERA
General
SUPREMEINF
General;Quarterly Results
SYMBIOX
Right Issue of Equity Shares;Rights Issue
TIMESGREEN
General
VISHWARAJ
General
VLSFINANCE
General;Buy Back of Shares
*Stock under F&O ban on NSE*
*05-Dec-22*
None
Nikkei +171 pts ,
Hangseng +503 pts ,
Now @6.52am .
Dow +133.40 pts ,Nsdq +71.78 pts, S&P
+28.83 pts, Bovespa +1168 pts , Ftse +31 Pts , Dax +309 pts , Cac +152 pts , Crude @ $73.22 brl (+0.48), Brent @ $78.10 brl (-4.00) , Gold @ 1861.00 (+2.10), Silver @ $23.935 (-0.02), Euro @ $1.0604, JPY @ $132.22, INR @ 82.645
*Today's Corporate Action*
*5th Jan Ex Date*
None
*Today's Key Results/Board Meetings*
*5-Jan-22*
JANUSCORP
Increase in Authorised Capital
KPEL
General;Stock Split
RGRL
General;Increase in Authorised Capital;Preferential Issue of shares
RHIM
General
SAMINDUS
General
SERA
General
SUPREMEINF
General;Quarterly Results
SYMBIOX
Right Issue of Equity Shares;Rights Issue
TIMESGREEN
General
VISHWARAJ
General
VLSFINANCE
General;Buy Back of Shares
*Stock under F&O ban on NSE*
*05-Dec-22*
None
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 05-01-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +13044* 😀😀
*INDEX FUT. : +1479*
*INDEX OPT. : +11151*
*STOCK FUT. : +544*
*STOCK OPT. : -130*
*SEC. IN F&O BAN FOR, 06 JAN, 2023 :*
*1. IBULHSGFIN*
*ADDITION : IBULHSGFIN*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 05-JAN-2023 :*
*FIIS : SELL -1,449 (7,275-8,724)* 😢
*DIIS : SELL -194 (6,898-7,092)* 😔
*BSE SENSEX : -304 (60,353)🔽*
*NSE NIFTY : -51 (17,992)🔽*
*BSE MIDCAP. : +84 (25,350)*🔼
*BSE SMLCAP. : +03 (28,996)*↔️
*B. CRUDE : $ 78.52* 🔽 😊
*GOLD: $1828=INR 55,700(10gr)* 🔽 😩
*SILVER : RS. 72,300 (kg) (5pm) ↔️ 😳*
*FOREX : RS. : $ 82.5550* 🔼 😊
*7.26% GOI '32 : 7.3271%(99.53)*🔼 😔
*7.54% GOI '36 : 7.4217% (100.98)* 🔼 😔
*7.41 GOI '36 : 7.4058% (100.03)* 🔼 😔
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +13044* 😀😀
*INDEX FUT. : +1479*
*INDEX OPT. : +11151*
*STOCK FUT. : +544*
*STOCK OPT. : -130*
*SEC. IN F&O BAN FOR, 06 JAN, 2023 :*
*1. IBULHSGFIN*
*ADDITION : IBULHSGFIN*
*DELETION : NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 05-JAN-2023 :*
*FIIS : SELL -1,449 (7,275-8,724)* 😢
*DIIS : SELL -194 (6,898-7,092)* 😔
*BSE SENSEX : -304 (60,353)🔽*
*NSE NIFTY : -51 (17,992)🔽*
*BSE MIDCAP. : +84 (25,350)*🔼
*BSE SMLCAP. : +03 (28,996)*↔️
*B. CRUDE : $ 78.52* 🔽 😊
*GOLD: $1828=INR 55,700(10gr)* 🔽 😩
*SILVER : RS. 72,300 (kg) (5pm) ↔️ 😳*
*FOREX : RS. : $ 82.5550* 🔼 😊
*7.26% GOI '32 : 7.3271%(99.53)*🔼 😔
*7.54% GOI '36 : 7.4217% (100.98)* 🔼 😔
*7.41 GOI '36 : 7.4058% (100.03)* 🔼 😔
*Mkt. Updates :*
*SGX Nifty -36 pts (18034) from last trade 18070 ,*
Nikkei +49 pts ,
Hangseng +169 pts ,
Around @ 6.52am .
Dow -339.69 pts ,Nsdq -153.52 pts, S&P
-44.87 pts, Bovespa +2306 pts , Ftse +48 Pts , Dax -54 pts , Cac -14 pts , Crude @ $73.98 brl (+0.31), Brent @ $78.88 brl (+1.04) , Gold @ 1837.40 (-3.20), Silver @ $23.355 (-0.06), Euro @ $1.0522, JPY @ $133.40, INR @ 82.565
*US GOVT. 10-YEAR YIELD : 3.73%*
*Today's Corporate Action, 06 Jan Ex Date :*
GLCL
Bonus issue 1:1
JAGRAN
Buy Back of Shares
PIONDIST
Amalgamation
RAMASTEEL
Bonus issue 4:1
SPLPETRO
Stock Split From Rs.4/- to Rs.2/-
*Today's Key Results/Board Meetings, 06-Jan-22 :*
DRA
General
DRONACHRYA
General
INDOWIND
Quarterly Results
INDUSFINL
Quarterly Results
INOXGREEN
General
KHAITANLTD
General
OISL
General;Quarterly Results
*SEC. IN F&O BAN FOR, 06 JAN, 2023 :*
*1. IBULHSGFIN*
*ADDITION : IBULHSGFIN*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 280 Billion*
*SGX Nifty -36 pts (18034) from last trade 18070 ,*
Nikkei +49 pts ,
Hangseng +169 pts ,
Around @ 6.52am .
Dow -339.69 pts ,Nsdq -153.52 pts, S&P
-44.87 pts, Bovespa +2306 pts , Ftse +48 Pts , Dax -54 pts , Cac -14 pts , Crude @ $73.98 brl (+0.31), Brent @ $78.88 brl (+1.04) , Gold @ 1837.40 (-3.20), Silver @ $23.355 (-0.06), Euro @ $1.0522, JPY @ $133.40, INR @ 82.565
*US GOVT. 10-YEAR YIELD : 3.73%*
*Today's Corporate Action, 06 Jan Ex Date :*
GLCL
Bonus issue 1:1
JAGRAN
Buy Back of Shares
PIONDIST
Amalgamation
RAMASTEEL
Bonus issue 4:1
SPLPETRO
Stock Split From Rs.4/- to Rs.2/-
*Today's Key Results/Board Meetings, 06-Jan-22 :*
DRA
General
DRONACHRYA
General
INDOWIND
Quarterly Results
INDUSFINL
Quarterly Results
INOXGREEN
General
KHAITANLTD
General
OISL
General;Quarterly Results
*SEC. IN F&O BAN FOR, 06 JAN, 2023 :*
*1. IBULHSGFIN*
*ADDITION : IBULHSGFIN*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of GOI BONDS for INR 280 Billion*
• Stocks in India Plunge for Second Day as Bank Selloff Extends
• Gold Falls From Six-Month High as Yields Rise After Fed Minutes
• EM Fundamentals’ China-Powered Boost Frames Near-Term Outlook
• Saudi Arabia Cuts Oil Prices for Asia and Europe as Demand Slows
• India Is Top US Crude Buyer for Second Straight Month: Census
• India Has No Plans to Mandate Green Hydrogen Use by Industry
• Yale, Oxford Get Path to Open India Campuses as Modi Eases Rules
• Eleven Covid Variants Found in India Among Foreign Passengers
• Earthquake of Magnitude 5.9 Hits Afghanistan: Seismology Center
• Manchester City Signs Pact with Ambani’s Jio to Spur India Push
• Foreign Outflows From India Bonds Gain Momentum
• India Dec. Coal Output Jumps 10.8% Y/y to 82.9 Million Tons
• Bharat Petroleum Unit Is Said to Seek Loan of Up to $350m
• IDBI: SEBI Allows Bank to Seek Change in Govt Holding Category
• RBI: Self-declaration enough for Re-KYC if no change of Info
• Saudi Arabia Cuts Oil Prices for Main Market as Demand Slows
• Global Funds sells NET INR 14.5B of India stocks JAN. 5 : NSE
o Domestic funds sell net 1.94B rupees of India stocks JAN. 5: NSE
• Google Set to Challenge India’s Android Antitrust Ruling: Rtrs
• It’s time for India to institute dedicated infrastructure law: IIFCL MD
• Govt to soon release norms to support innovation by startups in technical textiles
• Vimeo to lay off 11% staff, CEO says ‘hard decision’ but ‘responsible choice’
• Xiaomi unveils Redmi Note 12 Pro+ at Rs 30K, sale begins next week
• Ambuja Cements (ACEM): Ambuja Cements Incorporates Unit Ambuja Resources
• Bajaj Finserv (BJFIN): Bajaj Allianz General Dec. Gross Direct Premium Inr12.1B
• Coal India (COAL): India Dec. Coal Output 82.9M Tons, up 10.8% Y/Y: Ministry
• Coal India (COAL): India Dec. Coal Output Jumps 10.8% Y/y to 82.9 Million Tons
• Coal India (COAL): India Dec. Coal Shipments Were 78.9 M Tons, up 5.3% Y/Y
• Larsen (LT): L&T to Sell Entire Stake of 99% in Think Tower Developers
• Mahindra (MM): Mahindra - Voluntary Liquidation of Mahindra West Africa
• Reliance (RIL): Ambani Focuses on $75 Billion Green Bet as Scions Step Up
• Reliance (RIL): Hamdard Signs Pact With Reliance Met City for Food Park Cluster
• Tata Motors (TTMT): Tata Motors to Report 3Q Results on Jan. 25
• Power Finance, REC Ltd., Abbott India Hit 52-Week Highs: NSE 200
• Apollo Tyres Shares Up 5.8%, Most in 5 Weeks; Call Options Surge
• Gold Falls From Six-Month High as Yields Rise After Fed Minutes
• EM Fundamentals’ China-Powered Boost Frames Near-Term Outlook
• Saudi Arabia Cuts Oil Prices for Asia and Europe as Demand Slows
• India Is Top US Crude Buyer for Second Straight Month: Census
• India Has No Plans to Mandate Green Hydrogen Use by Industry
• Yale, Oxford Get Path to Open India Campuses as Modi Eases Rules
• Eleven Covid Variants Found in India Among Foreign Passengers
• Earthquake of Magnitude 5.9 Hits Afghanistan: Seismology Center
• Manchester City Signs Pact with Ambani’s Jio to Spur India Push
• Foreign Outflows From India Bonds Gain Momentum
• India Dec. Coal Output Jumps 10.8% Y/y to 82.9 Million Tons
• Bharat Petroleum Unit Is Said to Seek Loan of Up to $350m
• IDBI: SEBI Allows Bank to Seek Change in Govt Holding Category
• RBI: Self-declaration enough for Re-KYC if no change of Info
• Saudi Arabia Cuts Oil Prices for Main Market as Demand Slows
• Global Funds sells NET INR 14.5B of India stocks JAN. 5 : NSE
o Domestic funds sell net 1.94B rupees of India stocks JAN. 5: NSE
• Google Set to Challenge India’s Android Antitrust Ruling: Rtrs
• It’s time for India to institute dedicated infrastructure law: IIFCL MD
• Govt to soon release norms to support innovation by startups in technical textiles
• Vimeo to lay off 11% staff, CEO says ‘hard decision’ but ‘responsible choice’
• Xiaomi unveils Redmi Note 12 Pro+ at Rs 30K, sale begins next week
• Ambuja Cements (ACEM): Ambuja Cements Incorporates Unit Ambuja Resources
• Bajaj Finserv (BJFIN): Bajaj Allianz General Dec. Gross Direct Premium Inr12.1B
• Coal India (COAL): India Dec. Coal Output 82.9M Tons, up 10.8% Y/Y: Ministry
• Coal India (COAL): India Dec. Coal Output Jumps 10.8% Y/y to 82.9 Million Tons
• Coal India (COAL): India Dec. Coal Shipments Were 78.9 M Tons, up 5.3% Y/Y
• Larsen (LT): L&T to Sell Entire Stake of 99% in Think Tower Developers
• Mahindra (MM): Mahindra - Voluntary Liquidation of Mahindra West Africa
• Reliance (RIL): Ambani Focuses on $75 Billion Green Bet as Scions Step Up
• Reliance (RIL): Hamdard Signs Pact With Reliance Met City for Food Park Cluster
• Tata Motors (TTMT): Tata Motors to Report 3Q Results on Jan. 25
• Power Finance, REC Ltd., Abbott India Hit 52-Week Highs: NSE 200
• Apollo Tyres Shares Up 5.8%, Most in 5 Weeks; Call Options Surge
India Daybook – Stocks in News
*RVNL:* Company gets order worth Rs 166 cr from Gujarat Metro (Positive)
*MTAR Technologies:* Nippon Life India Trustee bought 30,011 equity shares or 0.097 percent stake in the company (Positive)
*Kewal Kiran Clothing:* KKCL announced strategic partnership with BCCI as the Indian Cricket Team's 'official partner'. (Positive)
*Godrej Agrovet:* The company will be setting up an edible oil processing plant in Khammam district in Telangana (Positive)
*RHI Magnesita:* The company has received approval from BSE and NSE for acquisition of refractory business of Dalmia Bharat Refractories for Rs 1,708 crore (Positive)
*Equitas Small Finance Bank:* The bank's gross advances rose 27% YoY to Rs 24,923 crore as on December (Positive)
*Precision Wires:* The board of directors will be meeting to consider a proposal to raise funds through issue of equity shares. (Positive)
*RPP Infraprojects:* The company’s board will meet to consider and approve raising funds through issue of one or more instruments, including equity shares. (Positive)
*Reliance Ind:* Manchester City partners with Jio Platforms Delhi (Positive)
*Ambuja Cements:* Incorporates wholly-owned subsidiary - Ambuja Resources Ltd. (Neutral)
*Mukand:* The company completed the transfer of 45.94 acres of the land at Kalwe / Dighe facility in Thane District. (Neutral)
*IDBI Bank:* SEBI says new IDBI owner to meet public holding rules in one year (Neutral)
*Dharmaj Crop:* The agrochemical company has approved resignation of Vishal Domadia from the post of Chief Financial officer (Neutral)
*Aster DM:* Sreenath Pocha Reddy, Group Chief Financial Officer and key managerial personnel of the company has tendered his resignation (Neutral)
*Larsen & Toubro:* Subsidiary L&T Realty Developers has entered into an agreement to sell entire stake of 99 percent in its subsidiary Think Tower Developers (Neutral)
*Tata Motors:* Subsidiary Jaguar Land Rover's sales in the UK fell 12.5% YoY in December to 3,501 units (Neutral)
*Bajaj Finserv:* The company's subsidiary Bajaj Allianz General Insurance Co Ltd's gross direct premium underwritten stood at Rs 1,209 crore in December (Neutral)
*RVNL:* Company gets order worth Rs 166 cr from Gujarat Metro (Positive)
*MTAR Technologies:* Nippon Life India Trustee bought 30,011 equity shares or 0.097 percent stake in the company (Positive)
*Kewal Kiran Clothing:* KKCL announced strategic partnership with BCCI as the Indian Cricket Team's 'official partner'. (Positive)
*Godrej Agrovet:* The company will be setting up an edible oil processing plant in Khammam district in Telangana (Positive)
*RHI Magnesita:* The company has received approval from BSE and NSE for acquisition of refractory business of Dalmia Bharat Refractories for Rs 1,708 crore (Positive)
*Equitas Small Finance Bank:* The bank's gross advances rose 27% YoY to Rs 24,923 crore as on December (Positive)
*Precision Wires:* The board of directors will be meeting to consider a proposal to raise funds through issue of equity shares. (Positive)
*RPP Infraprojects:* The company’s board will meet to consider and approve raising funds through issue of one or more instruments, including equity shares. (Positive)
*Reliance Ind:* Manchester City partners with Jio Platforms Delhi (Positive)
*Ambuja Cements:* Incorporates wholly-owned subsidiary - Ambuja Resources Ltd. (Neutral)
*Mukand:* The company completed the transfer of 45.94 acres of the land at Kalwe / Dighe facility in Thane District. (Neutral)
*IDBI Bank:* SEBI says new IDBI owner to meet public holding rules in one year (Neutral)
*Dharmaj Crop:* The agrochemical company has approved resignation of Vishal Domadia from the post of Chief Financial officer (Neutral)
*Aster DM:* Sreenath Pocha Reddy, Group Chief Financial Officer and key managerial personnel of the company has tendered his resignation (Neutral)
*Larsen & Toubro:* Subsidiary L&T Realty Developers has entered into an agreement to sell entire stake of 99 percent in its subsidiary Think Tower Developers (Neutral)
*Tata Motors:* Subsidiary Jaguar Land Rover's sales in the UK fell 12.5% YoY in December to 3,501 units (Neutral)
*Bajaj Finserv:* The company's subsidiary Bajaj Allianz General Insurance Co Ltd's gross direct premium underwritten stood at Rs 1,209 crore in December (Neutral)