India Daybook – Stocks in News

Hikal: Net profit up 74% at Rs 36 cr vs Rs 20.7 cr, Revenue up 8.5% at Rs 545.3 cr vs Rs 502.4 cr (YoY) (Positive)

ISGEC: Net profit at Rs 86 cr vs Rs 37.6 cr, Revenue up 28% at Rs 2,042.7 cr vs Rs 1,596 cr (YoY) (Positive)

Time Techno: Net profit up 14.5% at Rs 63.6 cr vs Rs 56 cr, Revenue up 14.8% at Rs 1,192.4 cr vs Rs 1,039 cr (YoY) (Positive)

Sobha: Net profit at Rs 48.6 cr vs Rs 14 cr, Revenue up 70.3% at Rs 1,209.9 cr vs Rs 710.3 cr (YoY) (Positive)

NBCC: Net profit at Rs 108.4 cr Vs Rs 35 cr, Revenue up 4.3% at Rs 2,790 cr Vs Rs 2,441 cr (YoY) (Positive)

HLV Ltd: Net profit at Rs 10.8 cr Vs loss Rs 13.1 cr, Revenue up at Rs 52.0 cr Vs Rs 25.0 cr (YoY) (Positive)

Force Motors: Net profit at Rs 146.7 cr Vs loss Rs 42.8 cr, Revenue up at Rs 1,490 cr Vs Rs 841 cr (YoY) (Positive)

Eureka Forbes: Net profit at Rs 16.3 cr Vs Rs 4.8 cr, Revenue up at Rs 508 cr Vs Rs 373 cr (YoY) (Positive)

Rico Auto: Net profit at Rs 25.9 cr Vs Rs 8.7 cr, Revenue up at Rs 602 cr Vs Rs 514 cr (YoY) (Positive)

Silver Touch: Net profit at Rs 4.1 cr Vs Rs 0.7 cr, Revenue up at Rs 43.3 cr Vs Rs 40.0 cr (YoY) (Positive)

Monte Carlo: Net profit seen at Rs 19.8 crore Vs Rs 12.7 cr, Revenue at Rs 237.0 cr Vs Rs 163.0 cr (YoY) (Positive)

NHPC: Net profit up 37.7% at Rs 643.4 cr Vs Rs 467 cr, Revenue up 21.2% at Rs 2,028.8 cr Vs Rs 1,674.3 cr (YoY) (Positive)

HUL: Committed to our mid to long-term guidance of double-digit EPS growth (Positive)

Reliance Industries: NBC Universal (NBCU) and JioCinema, Viacom18’s streaming service, have entered into a multi-year partnership to offer films and TV series in India (Positive)

Vedanta, ITC: Shares of companies will go ex-dividend today. (Neutral)

IRCTC: Net profit up 30.4% at Rs 278.8 cr Vs Rs 214 cr, Revenue up 39.7% at Rs 965 cr Vs Rs 691 cr (YoY) (Neutral)

Ind Swift: Net loss of Rs 24 cr Vs loss of Rs 61 cr, Revenue at Rs 304 cr Vs Rs 306.0 cr (YoY) (Neutral)

Technocraft: Net profit at Rs 50.0 cr Vs Rs 72.0 cr, Revenue at Rs 480.0 cr Vs Rs 553.0 cr (YoY (Neutral)

HLE Galsscoat: Net profit at Rs 22.8 cr Vs Rs 23.3 cr, Revenue at Rs 298.0 cr Vs Rs 249.0 cr (YoY) (Neutral)

Vijaya Diagnostics: Net profit at Rs 27.7 cr Vs Rs 23.9 cr, Revenue at Rs 121.0 cr Vs Rs 116.0 cr (YoY) (Neutral)

Apollo Micro: Net profit seen at Rs 7.2 crore Vs Rs 7.9 cr, Revenue at Rs 107.0 cr Vs Rs 105.0 cr (YoY) (Neutral)

Zee Media: Net loss of Rs 45.8 cr Vs loss of Rs 51.4 cr, Revenue at Rs 147 cr Vs Rs 248 cr (YoY) (Neutral)

Jamna Auto: Net profit down 7.7% at Rs 52.0 cr Vs Rs 57 cr , Revenue up 1.3% at Rs 634.0 cr Vs Rs 626.0 cr (YoY) (Neutral)

Campus: Profit seen at Rs 23 cr vs Rs 22.7 cr, Revenue down 1.3% at Rs 347.7 cr vs Rs 352.3 cr (YoY). (Neutral)

Torrent Power: Net profit of Rs 450 cr Vs loss of Rs 488 cr, Revenue up 61.3% at Rs 6,038 cr Vs Rs 3,743.7 cr (YoY) (Neutral)

RVNL: Net profit down 5% at Rs 359.3 cr Vs Rs 378 cr, Revenue down 11.1% at Rs 5,719.8 cr Vs Rs 6,437.5 cr (YoY) (Neutral)

HPL Electric: Net profit down 16.5% at Rs 11.3 cr Vs Rs 13 cr, Revenue up 11.6% at Rs 362.8 cr Vs Rs 325.1 cr (YoY) (Neutral)

Jubilant Pharmova: Net loss at Rs 97.8 cr vs profit of Rs 59.5 cr, Revenue up 9.7% at Rs 1,660.9 cr vs Rs 1,514.4 cr (YoY) (Neutral)

Stove craft: Net loss of Rs 6 cr vs profit of Rs 8.6 cr, Revenue up 6.4% at Rs 278 cr vs Rs 261.3 cr (YoY)

Cosmo First: Net profit down 70.6% at Rs 31.8 cr vs Rs 108.2 cr, evenue down 12.9% at Rs 715.1 cr vs Rs 820.9 cr (YoY)

Heidelberg: Net profit down 62.7% at Rs 34.9 cr Vs Rs 94 cr, Revenue down 3% at Rs 602 cr Vs Rs 620 cr (YoY)

TCNS: Net loss of Rs 28.0 cr vs Rs 5.8 cr, Revenue up 6.4% at Rs 269 cr vs Rs 234.0 cr (YoY)

Everest Kanto: Profit seen at Rs 36.2 cr vs Rs 64.8 cr, Revenue down at Rs 297 cr vs Rs 478 cr (YoY)

KCP Sugar: Net loss of Rs 8.5 cr Vs loss of Rs 4.5 cr, Revenue at Rs 59.0 cr Vs Rs 65.0 cr (YoY)

NOCIL: Net profit down at Rs 28.3 cr Vs Rs 69 cr, Revenue down at Rs 392.7 cr Vs Rs 462.7 cr (YoY)

ITI: Net loss at Rs 75.0 cr Vs Rs 355.0 cr profit, Revenue down at Rs 775.0 cr Vs Rs 1141 cr (YoY)

Emami Realty: Net loss of Rs 17.8 cr Vs Rs 4.2 cr profit, Revenue down at Rs 26.0 cr Vs Rs 44.0 cr (YoY)

Best Agrolife: Net loss of Rs 8.4 cr Vs Rs 38.2 cr profit, Revenue down at Rs 254.0 cr Vs Rs 309.0 cr (YoY)

Oil India: Hydrogen unit has been shut down as a precautionary measure.

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 30-05-2023 :*

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

*TOTAL NET SELL : -17785* 😭 😭

*INDEX FUT. : +240*

*INDEX OPT. : -17237*

*STOCK FUT. : -653*

*STOCK OPT. : -135*

*SEC. IN F&O BAN FOR, 31 MAY, 2023 :*

*1. NIL*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 30-MAY-2023 :*

*FIIS : BUY +2,085 (9,789-7,704)* 😀

*DIIS : SELL -439 (5,937-6,376)* 😔

*BSE SENSEX : +123 (62,969)🔼*

*NSE NIFTY : +35 (18,633)*🔼

*BSE MIDCAP. : +42 (26,954)*🔼

*BSE SMLCAP. : +66 (30,319)*🔼

*B. CRUDE : $ 74.16* 🔽 😀

*GOLD: $1955=INR 59,900(10gr)* 🔼 🙂

*SILVER : RS. 72,910 (kg) (5pm)* 🔽 😔

*FOREX : RS. $ 82.71* 🔽 😔

*7.26% GOI '33: 7.0102%(101.72)*🔽🙂

*7.26% GOI '32 : 7.0502%(101.39)* 🔽🙂

*7.41% GOI '36 : 7.0982% (102.68)*🔽🙂

*SGX Nifty -35 pts (18685) from last trade 18720 ,*


Nikkei -234 pts ,
Hangseng -251 pts ,
Around @ 7.04am .


Dow +50.56 pts ,Nsdq +41.74 pts, S&P +0.07 pts , Bovespa -1366 pts , Ftse -105 pts , Dax -43 pts , Cac -94 pts , Crude @ $69.56 brl (+0.10), Brent @ $73.54 brl (+0.00) , Gold @ 1958.80 (+0.80), Silver @ $23.30 (+0.06), Euro @ $1.0725, JPY @ $139.91, INR @ 82.665




*Today's Corporate Action*
*31st May Ex Date*



ADVANIHOTR
Interim Dividend - Rs. - 1.4000
BGJL
Right Issue of Equity Shares 
DBCORP
Interim Dividend - Rs. - 3.0000
LODHA
Bonus issue 1:1
PGINVIT
Income Distribution (InvIT) 
SBIN
Dividend - Rs. - 11.3000



*Today's Board Meetings*
*31-May-23*




ASIANVE
General    
BNHOLDINGS
Audited Results  
MPCOSEMB
Audited Results  
RACCL
Audited Results;Quarterly Results
SVRL
Final Dividend;Half Yearly Results;General
USHDI
Audited Results




*Stock under F&O ban on NSE*
*31-May-23*



None

*🌹India Daybook – Stocks in News*

*Tega Ind:* Net profit up 58.2% at Rs 77.2 cr vs Rs 48.8 cr, Revenue up 36.7% at Rs 396.4 cr vs Rs 290 cr (YoY) (Positive)

*Mazdock:* Net profit at Rs 326.2 cr vs Rs 159 cr, Revenue up 49% at Rs 2,078.6 cr vs Rs 1,396.4 cr (YoY) (Positive)

*Himatsingka:* Net profit at Rs 22.0 cr vs Rs 8.0 cr, Revenue up at Rs 690.0 cr vs Rs 765.0 cr (YoY) (Positive)

*Welcorp:* EBITDA at Rs 421 cr vs Rs 71 cr, Revenue at Rs 4070.0 cr vs Rs 2011.0 cr (YoY) (Positive)

*Lemon Tree:* Net profit of Rs 44 cr Vs loss of Rs 24.6 cr, Revenue at Rs 252.7 cr Vs Rs 119.5 cr (YoY) (Positive)

*Hariom Pipes:* Net profit at Rs 17.0 cr Vs Rs 10.0 cr, Revenue up at Rs 251.0 cr Vs Rs 124.0 cr (YoY) (Positive)

*Mankind:* Net profit at Rs 294 cr Vs Rs 193.0 cr, Revenue up at Rs 2053 cr Vs Rs 1726 cr (YoY) (Positive)

*Lupin:* Company inks strategic pact with Enzene Biosciences to launch Cetuximab in India (Positive)

*Coal India:* Company raises non-coking #coal prices by 8% from May 31 (Positive)

*HDFC Life:* Abrdn to sell 1.66% equity via block deals, offer price range is Rs 563.20-585.15/sh. (Neutral)

*Torrent Pharma:* Net profit at Rs 287 cr vs loss of Rs 118 cr, Revenue up 16.9% at Rs 2,491 cr vs Rs 2,131 cr (YoY) (Neutral)

*Astrazeneca:* Net profit down 38.2% at Rs 17.3 cr vs Rs 28 cr, Revenue up 22.7% at Rs 284.7 cr vs Rs 232 cr (YoY) (Neutral)

*Suzlon:* Net profit at Rs 320.0 cr Vs profit Rs 205.0 cr, Revenue at Rs 1690.0 cr Vs Rs 2442.0 cr (YoY (Neutral)

*Lumax:* Net profit at Rs 24 cr Vs Rs 25 cr, Revenue at Rs 493.0 cr Vs Rs 417.0 cr (YoY) (Neutral)

*Fiem Ind:* Net profit at Rs 38.0 cr Vs Rs 34.0 cr, Revenue at Rs 436.0 cr Vs Rs 490.0 cr (YoY) (Neutral)

*Liberty Shoe:* Net loss seen at Rs 0.3 crore Vs Rs 0.4 cr, Revenue at Rs 166.0 cr Vs Rs 127.0 cr (YoY) (Neutral)

*Royal Orchid:* Net profit Rs 12.0 cr Vs Rs 51.4 cr, Revenue at Rs 73 cr Vs Rs 40 cr (YoY) (Neutral)

*Kirloskar Elec:* Net profit at Rs 11.0 cr Vs Rs 106 cr , Revenue at Rs 145.0 cr Vs Rs 105.0 cr (YoY) (Neutral)

*RCF:* Net profit at Rs 160.0 cr Vs Rs 234 cr , Revenue at Rs 4684.0 cr Vs Rs 4110.0 cr (YoY) (Neutral)

*KRBL:* Net profit up 8.2% at Rs 118 cr Vs Rs 109 cr, Revenue up 29.6% at Rs 1,279.7 cr Vs Rs 987.4 cr (YoY) (Neutral)

*Prestige:* Net profit down 50.1% at Rs 468.4 cr Vs Rs 939 cr, Revenue up 9.6% at Rs 2,631.8 cr Vs Rs 2,400.3 cr (YoY) (Neutral)

*State Bank:* The shares of company will go ex-dividend. (Neutral)

*Macrotech:* The shares of company will go ex-bonus. (Neutral)

*HDFC AMC:* Keki Mistry to retire as a non-executive director of HDFC AMC (Neutral)

*Patanjali:* Net profit Rs 264.0 cr Vs Rs 234.0 cr, Revenue at Rs 7873 cr Vs Rs 6664 cr YoY (Neutral)

*HDFC AMC:* Keki Mistry to retire as a non-executive director of HDFC AMC (Neutral)

*Graphite:* Net profit down 69.5% at Rs 29 cr Vs Rs 95 cr, Revenue down 3.4% at RS 815 cr Vs Rs 844 cr (YoY)

*Jindal World:* Net profit down 38.1% at Rs 27 cr vs Rs 43.6 cr, Revenue down 24.6% at Rs 549.5 cr vs Rs 728.5 cr (YoY)

*IMFA:* Net profit down 55.1% at Rs 64 cr vs Rs 142.6 cr, Revenue down 15.8% at Rs 636.9 cr vs Rs 757.7 cr (YoY)

*IB Real:* Net loss of Rs 376.0 cr vs Rs 61.0 cr, Revenue down 57% at Rs 108 cr vs Rs 253.0 cr (YoY)

*Insecticides:* Net loss of Rs 29.3 cr Vs profit of Rs 22.3 cr, Revenue at Rs 302.0 cr Vs Rs 278.0 cr (YoY)

*Dollar Ind:* Net profit down at Rs 0.5 cr Vs Rs 36 cr, Revenue at Rs 406.0 cr Vs Rs 372.0 cr (YoY)

*Uflex:* Net profit down at Rs 0.8 cr Vs Rs 350 cr, Revenue at Rs 3380.0 cr Vs Rs 3868.0 cr (YoY)

*PCJewel:* Net loss of Rs 302.4 cr Vs loss of Rs 173 cr, Revenue down 8% at Rs 173.4 cr Vs Rs 188.6 cr (YoY)

*KIOCL:* Net profit down at Rs 82.0 cr Vs Rs 194 cr, Revenue at Rs 735.0 cr Vs Rs 1139.0 cr (YoY)

*Bajaj Health:* Net profit down at Rs 4.0 cr Vs Rs 17 cr, Revenue at Rs 158.0 cr Vs Rs 176.0 cr (YoY)

*Jagran:* Net profit down at Rs 25.0 cr Vs Rs 64.0 cr, Revenue at Rs 469.0 cr Vs Rs 425.0 cr (YoY)

*Sona Comstar:* Promoters to sell upto 1.9 crore shares or 3.25% Stake via block deals.

*KIMS:* Foreign investor General Atlantic Singapore KH Pte Ltd has sold 23.2 lakh shares or 2.89 percent stake

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 31-05-2023 :*

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

*TOTAL NET BUY : +11513* 😀😀

*INDEX FUT. : -2026*

*INDEX OPT. : +15795*

*STOCK FUT. : -2113*

*STOCK OPT. : -140*

*SEC. IN F&O BAN FOR, 01 JUN, 2023 :*

*1. NIL*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 31-MAY-2023 :*

*FIIS : BUY +3,406 (65,024-61,618)* 😀

*DIIS : SELL -2,528 (11,726-14,254)* 😢

*BSE SENSEX : -347 (62,622)🔽*

*NSE NIFTY : -99 (18,534)*🔽

*BSE MIDCAP. : +146 (27,100)*🔼

*BSE SMLCAP. : +205 (30,524)*🔼

*B. CRUDE : $ 72.89* 🔽 😊

*GOLD: $1965=INR 60,300(10gr)* 🔼 🙂

*SILVER : RS. 77,110 (kg) (5pm)* 🔼 😀😀

*FOREX : RS. $ 82.73* 🔽 😔

*7.26% GOI '33: 6.9874%(101.88)*🔽🙂

*7.26% GOI '32 : 7.0299%(101.5275)* 🔽🙂

*7.41% GOI '36 : 7.0760% (102.8750)*🔽😊

*Mkt. Updates :*

*SGX Nifty -25 pts (18597) from last trade 18622 ,*

Nikkei +217 pts ,
Hangseng -44 pts ,
Now @6.55am .

Dow -134.51 pts ,Nsdq -82.14 pts, S&P -25.69 pts , Bovespa -631 pts , Ftse -75 pts , Dax -244 pts , Cac -111 pts , Crude @ $67.69 brl (-0.40), Brent @ $72.66 brl (+0.00) , Gold @ 1984.20 (+2.10), Silver @ $23.66 (+0.07), Euro @ $1.0691, JPY @ $139.12, INR @ 82.665


*US GOVT. 10-YR YIELD : 3.64%*


*Today's Corporate Action, 01 June Ex Date :*

APTECHT
Interim Dividend - Rs. - 6.0000
SHREECEM
Interim Dividend - Rs. - 55.0000
SIL
Interim Dividend - Rs. - 0.8000
TRIDENT
Interim Dividend - Rs. - 0.3600


*Today's Board Meetings, 01-Jun-23 :*

HOCL
General    
WEWIN
General


*SEC. IN F&O BAN FOR, 01 JUN, 2023 :*

*NIL*

*ADDITION : NIL*
*DELETION : NIL*

🚨 #Indians did 9.41 #billion #UPI transactions worth 14.30 lakh crore (~$175 billion) in May, 2023. #Highest ever ! #alliesfin

*Instl. Investors EQUITY Cash Trades PROV. - 01/06/2023 : Rs. CRS. :*

*FIIS : SELL -71 (8,751-8,822)*

*DIIS : BUY +489 (5,715-5,226)*

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 01-06-2023 :*

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

*TOTAL NET BUY : +11513* 😀 😄

*INDEX FUT. : -2026*

*INDEX OPT. : +15795*

*STOCK FUT. : -2113*

*STOCK OPT. : -140*

*SEC. IN F&O BAN FOR, 02 JUN, 2023 :*

*1. NIL*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 01-JUN-2023 :*

*FIIS : SELL -71 (8,751-8,822)* 😔

*DIIS : BUY +489 (5,715-5,226)* 🙂

*BSE SENSEX : -194 (62,428)🔽*

*NSE NIFTY : -47 (18,487)*🔽

*BSE MIDCAP. : +30 (27,130)*🔼

*BSE SMLCAP. : +187 (30,711)*🔼

*B. CRUDE : $ 72.51* 🔽 🙂

*GOLD: $1975=INR 60,500(10gr)* 🔼 🙂

*SILVER : RS. 73,150 (kg) (5pm)* 🔽 😭

*FOREX : RS. $ 82.41* 🔼 😊

*7.26% GOI '33: 6.9824%(101.9150)*🔽🙂

*7.26% GOI '32 : 7.0213%(101.5850)* 🔽🙂

*7.41% GOI '36 : 7.0759% (102.8750)*↔️😳

*🌹India Daybook – Stocks in News*

*AstraZeneca:* The Company gets CDSCO nod in Form CT20 to import for sale and distribution of Tremelimumab (Imjudo) Concentrate in IndiaPositive)

*AB Capital:* The Company to issue shares worth Rs 1,250 crore to promoters (Positive)

*MTAR Technologies:* The company Societe Generale has acquired 4.16 lakh equity shares or 1.35 percent stake (Positive)

*Maruti Suzuki:* The company announced production of 1.8 lakh vehicles in May 2023, increasing 9.3 percent (Positive)

*NHPC:* The company has entered into a MoU with Vidhyut Utpadan Company (VUCL), Nepal for joint development of the Phukot Karnali HE Project (Positive)

*Eicher Motors:* The company announced the sale of 77,461 units of Royal Enfield in May 2023, increasing 22 percent over 63,643 units (Positive)

*Paras Defence:* The company has entered into a joint venture agreement with Israel-based CONTROP Precision Technologies (Positive)

*Aster DM:* The company entered into a hospital operation and management agreement with Padmavathy Medical Foundation (Positive)

*Can Fin Homes:* Deputy MD Amitabh Chatterjee resigns (Neutral)

*TVS Motor:* Total auto sales at 3.30 lk units vs Nomura estimate of 3.24 lakh units (Neutral)

*Coal India:* The offer for sale issue by the country's largest coal mining company has been subscribed 3.457 times the base size (Neutral)

*Adani Enterprises:* NSE, BSE remove Adani Enterprises from the short-term ASM framework (Neutral)

*Adani Enterprises:* Adani Road Transport Limited terminates share purchase agreement with Swarna Tollway Private Limited (Neutral)

*Bank of Maharashtra:* Launches QIP Fixes floor price at Rs 29.98 per share (Neutral)

*Hero Motocorp:* Total sales at 5.19 lakh units Vs Nomura estimate of 5.2 lakh units (YoY). (Neutral)

*Indusind Bank:* The shares of company will go ex-dividend Rs 14.0/Sh. (Neutral)

*Infosys:* The shares of company will go ex-dividend Rs 17.5/Sh. (Neutral)

*Ceinsys Tech:* Zodius Technology Fund sold 1.5 lakh shares or 0.97 percent stake in the company

*Info Edge:* Company’s arm AIPL’s loan of ₹280 crore to a broker network company, 4B Networks, is fully impaired & AIPL to initiate forensic audit into affairs of 4B Networks

*Business News Headlines*

*Economic Times*
Ø GST kitty swells, factory activity hits 31 month high
Ø Major players looking at India as next chip making destinations
Ø Two-wheeler, PV sales roar on rural demand
Ø Asia’s factories signal more
pain as China recovery falters
Ø BPCL in talks with Sulzer to make aviation fuel from used cooking oil
Ø Air of cautious positivity around new-age stocks
Ø GST mop-up rises 12% to ₹1.57 trillion

*Business Standard*

Ø May data paints healthy picture
of the economy
Ø Buyers of PSU shares exempt from gift tax
Ø TVs to cost 10% more as open
cells get costlier
Ø FPI flows may trip on Sebi’s stricter disclosure rules
Ø Auto companies post record sales for May
Ø Govt in talks with Micron for semicon fab factory
Ø Adani scraps deal to buy Macquarie road projects

*Financial Express*
Ø Byjus lenders scrap $1.2 bn loan rejig talks
Ø IDBI bank buyers to get tax waiver on LIC stake
Ø Google’s shareholders seek assessment of plans to expand cloud regions in India
Ø House passes debt limit Bill in a bipartisan vote
Ø India, EU eye agreeable solution over ICT tariffs
Ø Manufacturing PMI hits 31-mth
high in May on strong demand
Ø Go First submit 6 month revival plan

*Mint*
Ø Embraer taps Tata, M&M for local mfg
Ø FPIs face scrutiny as custodians label Mauritius high risk
Ø Govt weighs 3-8% increase in MSP for kharif crops
Ø GST collections keep up with the
trend, rises 12% to ₹1.57 tn in May
Ø Fairfax’s Go Digit to start life
insurance business in 6 months
Ø Manufacturing PMI at 31-mth
high on restocking, rising biz
Ø Commercial LPG price cut by ₹83.5, jet fuel by 7% as crude oil prices dip

*Business Line*
Ø PVs, two­wheelers rev ahead
in May; CVs on slow lane still
Ø India’s garment­makers turn upbeat with global brands coming back after a lull   
Ø Foxconn to start making iPhones
in Karnataka by April 2024
Ø Petrol, diesel sales surge in May  driven by agri, summer demand 
Ø India may ship 75,000 tonnes of
broken rice to 3 African nations
Ø Wheat, rice stocks comfortable  to meet needs: Food Ministry 
Ø Delhi HC directs SpiceJet
to pay ₹380 crore to Maran     

WIPRO Buyback RECORD DATE Announced

Record Date for Eligibility : Friday, JUNE 16

Buyback Price : 445 ₹
Today's Closing Price : 405 ₹

Buyback Size ₹ : 12,000 Crore
Buyback Size in Share : 26,96,62,921 Shares

Retail Reservation : 4,04,49,439 Shares

SGX Nifty +90 pts (18723) from last trade 18633 ,


Nikkei +427 pts ,
Hangseng +65 pts ,
Around @ 6.52am .


Dow +701.19 pts ,Nsdq +139.78 pts, S&P +61.35 pts , Bovespa +1993 pts , Ftse +117 pts , Dax +197 pts , Cac +133 pts , Crude @ $73.50 brl (+1.76), Brent @ $77.94 brl (-0.09) , Gold @ 1964.30 (-5.30), Silver @ $23.65 (-0.09), Euro @ $1.0694, JPY @ $140.20, INR @ 82.405




Today's Corporate Action
5th June Ex Date



HARDWYN
Stock  Split From Rs.10/- to Rs.1/- -
HARDWYN
Bonus issue 1:3 -
SHYAMMETL
Interim Dividend - Rs. - 1.8000 -
SKMEGGPROD
Interim Dividend - Rs. - 2.000



Today's Board Meetings
05-Jun-23



ACFL
Audited Results
DHANCOT
General  
GENPHARMA
General  
INTENTECH
General;Dividend
SBICARD
General  
SEJAL
General
 





Stock under F&O ban on NSE
05-Jun-23



None

India Daybook – Stocks in News

Ramco Systems: Inaugurates office in Qatar to support digital transformation initiatives across the region (Positive)

BEML: India to soon proceed with financial bids for selling 26% in #BEML (Positive)

Zydus Life: US FDA issues nil observations to company’s animal health drug manufacturing facility at SEZ, Ahmedabad (Positive)

SBI Life: Company to absorb Sahara India Life Insurance (Positive)

Greaves Ind: Promoter bought 1 lakh shares in the company (Positive)

Mahindra Life spaces: OMRON Healthcare to start operations in Chennai in March 2025 (Positive)

Biocon: US FDA concluded inspection of Oral Solid Dosage formulations manufacturing facility at Bengaluru with no observations (Positive)

Lupin: Company launches Darunavir Tablets in the United States (Positive)

Crisil has upgraded the Bank's rating for Tier-II bonds amounting to Rs 5,000 crore. (Positive)

Wonderla: The Tamil Nadu government has granted a waiver of local body tax (LBT) of 10 percent to its Chennai project for 10 years (Positive)

Tata Chemicals: The company has signed a MoU with the Government of Gujarat to set up a 20 GW capacity lithium-ion cell manufacturing giga factory (Positive)

NTPC: IOC to source power from JV with the company (Positive)

Hero MotoCorp: Company hikes e-scooter price by Rs 6000 (Positive)

Bharat Forge/RK Forge: May North America Class 8 truck orders are up 10% YoY & 29% MoM at 15,500 units (Positive)

Brigade: Company to launch 10 housing projects in FY24 (Positive)

IOB: Reserve Bank of India imposes Rs 2.20 cr monetary penalty on Indian Overseas Bank (Neutral)

Minda Corp: Board approves raising upto Rs 600 cr via securities (Neutral)

PIIND: Company acquired 100% shareholding of Therachem Research Medilab (India) Private Limited (Neutral)

Godrej Prop: Company has increased its stake in equity share capital of Godrej Home Constructions Limited (Neutral)

Tata Chem: CRISIL has reaffirmed its credit rating of CRISIL A1+ issued by it for Company’s Commercial Paper (Neutral)

Hero Motocorp: Company launched a new range of its 100cc motorcycle – the HF Deluxe (Neutral)

Tech Mahindra: Company’s step down subsidiary has agreed to sell 0.04% and 99.96 % shareholding in Comviva Technologies do Brasil. (Neutral)

Wipro: The company has fixed June 16, 2023 as the record date for determining the eligiblity for the buyback offer (Neutral)

Dynamic Cables: RISIL has reaffirmed the credit ratings assigned to the Bank facilities of the Company (Neutral)

Muthoot Capital: The Board of Muthoot Capital will consider a fundraising proposal through issuance of NCDs on June 7 (Neutral)

HIL: Company has declared lockout of its Chennai plant

Jtekt India: Malabar India Fund sold 22.05 lakh equity shares, or a 0.9 percent stake

Lyka Labs: Quant Mutual Fund-Quant Small Cap Fund sold 1.5 lakh shares in the pharma company

Speciality Restaurants: Promoter Anjan Chatterjee has offloaded 5 lakh shares, or a 1.06 percent stake

Ceinsys Tech: Alternate investment fund Zodius Technology Fund has been offloading its stake in the company since May

Indoco Remedies: Facility had four observations in Form 483 and classified as OAI Official Action Indicated