*🌹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

BANKNIFTY WEEKLY EXPIRY SHIFTED TO FRIDAY FROM THURSDAY.

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

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

*TOTAL NET SELL : -25057* 😭😭

*INDEX FUT. : -919*

*INDEX OPT. : -24474*

*STOCK FUT. : +556*

*STOCK OPT. : -219*

*SEC. IN F&O BAN FOR, 07 JUN, 2023 :*

*1. IBULHSGFIN 2. INDIACEM 3. MANAPPURAM*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 06-JUN-2023 :*

*FIIS : BUY +386 (8,963-8,577)* 🙂

*DIIS : SELL -489 (5,946-6,435)* 😔

*BSE SENSEX : +06 (62,793)🔼*

*NSE NIFTY : +05 (18,599)*🔼

*BSE MIDCAP. : +80 (27,453)*🔼

*BSE SMLCAP. : +131 (31,174)*🔼

*B. CRUDE : $ 75.95* 🔽 😊

*GOLD: $1961=INR 59,800(10gr)* 🔽 😔

*SILVER : RS. 73,800 (kg) (5pm)* 🔼 🙂

*FOREX : RS. $ 82.60* 🔼 🙂

*7.26% GOI '33: 6.9780%(101.9450)*🔽🙂

*7.26% GOI '32 : 7.0196%(101.5950)* 🔼😔

*7.41% GOI '36 : 7.0748% (102.8850)*🔼😔

https://www.bseindia.com/markets/MarketInfo/DispNewNoticesCirculars.aspx?page=20230606-56 BSE

Enhanced Surveillance Measure (ESM) Stage - One

New surveillance measure

Any co. Below 500 cr mkt cap and which has increased by 100% will be eligible for ESM

- Impact: 100% Margin
-Script will be under 5% band and Trade to Trade segment

#India #market #capitalization has hit a 7-month high, is back at $3.50 trillion, #highest level since December 1, 2022. #alliesfin

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 07-06-2023 :*

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

*TOTAL NET BUY : +919* 😊

*INDEX FUT. : +806*

*INDEX OPT. : -1668*

*STOCK FUT. : +1893*

*STOCK OPT. : -111*

*SEC. IN F&O BAN FOR, 08 JUN, 2023 :*

*1. IBULHSGFIN 2. INDIACEM 3. MANAPPURAM*

*ADDITION : NIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 07-JUN-2023 :*

*FIIS : BUY +1,383 (9,570-8,187)* 😄

*DIIS : BUY +392 (5,931-5,539)* 🙂

*BSE SENSEX : +350 (63,143)🔼*

*NSE NIFTY : +127 (18,726)*🔼

*BSE MIDCAP. : +299 (27,752)*🔼

*BSE SMLCAP. : +359 (31,533)*🔼

*B. CRUDE : $ 77.36* 🔼 😔

*GOLD: $1961=INR 59,800(10gr)* ↔️ 😳

*SILVER : RS. 73,800 (kg) (5pm)* ↔️ 😳

*FOREX : RS. $ 82.54* 🔼 🙂

*7.26% GOI '33: 6.9808%(101.9250)*🔼😔

*7.26% GOI '32 : 7.0218%(101.58)* 🔼😔

*7.41% GOI '36 : 7.0766% (102.87)*🔼😔

*SGX Nifty +25 pts (18825) from last trade 18800 ,*


Nikkei +99 pts ,
Hangseng -24 pts ,
Now @6.55am .


Dow +91.74 pts ,Nsdq -171.52 pts, S&P -16.33 pts , Bovespa +878 pts , Ftse -3 pts , Dax -31 pts , Cac -6 pts , Crude @ $72.45 brl (-0.08), Brent @ $76.95 brl (-0.00) , Gold @ 1956.90 (-1.50), Silver @ $23.515 (-0.01), Euro @ $1.0701, JPY @ $140.02, INR @ 82.615




*Today's Corporate Action*
*8th June Ex Date*


 
Final Dividend - Rs. - 0.7500 -
NIITLTD
Spin Off  -
PONNIERODE
Final Dividend - Rs. - 6.5000 -
QGO
Interim Dividend - Rs. - 0.1000 -
RCL
Stock  Split From Rs.10/- to Rs.1/-




*Today's Board Meetings*
*08-Jun-23*




ANDHRAPET
General  
ARCOTECH
Audited Results;General
ATLASCYCLE
Audited Results;Quarterly1 Results
ORISSAMINE
Audited Results
SANINFRA
General;Final Dividend
VALUEIND
Audited Results;Quarterly Results
VIDEOIND
Audited Results;Quarterly Results 




*Stock under F&O ban on NSE*
*08-Jun-23*



1. IBULHSGFIN

2. INDIACEM

3. MANAPPURAM

Dividend Dates

Ex-Dividend 09 June 2023 (Tomorrow)
Last date for Cum-Dividend Today

Asian Paints Ltd.
Dividend Per Share Rs.21.25
Previous day Closing Price – Rs. 3223.85

Bhansali Engineering Polymers Ltd.
Special Dividend Per Share Rs.14
Final Dividend Per Share Rs.1
Previous day Closing Price – Rs. 160.7

Caplin Point Laboratories Ltd.
Dividend Per Share Rs.2
Previous day Closing Price – Rs. 777.55

Cigniti Technologies Ltd.
Special Dividend Per Share Rs.2.5
Final Dividend Per Share Rs.3.0
Previous day Closing Price – Rs. 907.6

Dynamatic Technologies Ltd.
Dividend Per Share Rs.7
Previous day Closing Price – Rs. 3374.1

Elecon Engineering Co.Ltd.
Dividend Per Share Rs.2
Previous day Closing Price – Rs. 561.65

Elpro International Ltd.
Dividend Per Share Rs.0.23
Previous day Closing Price – Rs. 60.74

HDFC Asset Management Company Ltd
Dividend Per Share Rs.48
Previous day Closing Price – Rs. 1994.8

Himadri Speciality Chemical Ltd
Dividend Per Share Rs.0.25
Previous day Closing Price – Rs. 131.6

Indian Hotels Co.Ltd.
Dividend Per Share Rs.1
Previous day Closing Price – Rs. 395.9

National Fertilizers Ltd.
Dividend Per Share Rs.1.53
Previous day Closing Price – Rs. 71.8

NRB Bearings Ltd.
Dividend Per Share Rs.4.1
Previous day Closing Price – Rs. 195.8

Solar Industries India Ltd.
Dividend Per Share Rs.8
Previous day Closing Price – Rs. 3887.3

Maruti Interior Products Ltd
Dividend Per Share Rs.0.5
Previous day Closing Price – Rs. 149

Voltas Ltd.
Dividend Per Share Rs.4.25
Previous day Closing Price – Rs. 805.65

India Daybook Stocks in News

Zydus Life: Company gets USFDA approval for Tadalafil tablets (Positive)

Nelco: Company invests in Piscis Networks to bolster its portfolio of Satellite Communication Solutions (Positive)

Lemon Tree Hotels: Company signs licence agmt for a 60-room property in Rajamundry, Andhra Pradesh (Positive)

Tata Elxsi: Company launches InnovationHub & nearshore engineering centre in Troy, Michigan (Positive)

Hatsun Agro: Company to consider sale of its windmill division (Positive)

Wipro: Company & Cisco launches managed private 5G-as-a-Service solution (Positive)

Allcargo Logistics: Company’s arm Transindia Real Estate, to sell Jhajjar logistics park (Positive)

Mazagon: Thyssenkrupp, Mazagon intend to build submarine in India (Positive)

Jindal Poly: Company has entered into an agreement to acquire 100 percent shareholding in Netherlands-based firm JPF Netherlands Investment BV (Positive)

Tech Mahindra: Life Insurance Corporation of India has increased its stake in the IT services provider by 2.015 percent (Positive)

Snowman Logistics: Promoter Gateway Distriparks has acquired additional 11 lakh shares or 0.65 percent stake (Positive)

Hero MotoCorp: The company is gearing up to expand its electric two-wheeler range while upgrading its existing sales infrastructure (Positive)

Titagarh Rail: Board to consider raising funds via QIP/Rights Issue on June 10 (Positive)

TCS: Clocks its second lowest employee addition ever in FY23 (Neutral)

Punjab & Sind Bank: Board to consider raising upto Rs 750 cr via Bonds (Neutral)

Sula Vineyards: The wine producer has identified a new chief financial officer, who will come on board in August. (Neutral)

Deepak Fertilisers: Foreign portfolio investor Smallcap World Fund Inc has sold 23.54 lakh equity shares or 1.86 percent stake

D-Link: Ace investor Ashish Kacholia has sold 1.94 lakh shares or 0.54 percent stake

#RBIPolicy | RBI’s Monetary policy Committee decides to maintain status quo, policy rate (Repo Rate) is unchanged at 6.50%

RBI GOV

# SURVEYS POINT TOWARDS HIGHER INVESTMENT INTENTIONS OF MANUFACTURING COS FOR FY24
# SAYS RURAL DEMAND ALSO ON REVIVAL PATH
# SAYS URBAN DEMAND REMAINS RESILIENT
# SAYS DOMESTIC DEMAND CONDITIONS REMAIN SUPPORTIVE OF GROWTH
# SAYS AVG LIQUIDITY IN SURPLUS MODE, COULD INCREASE
# SAYS REAL POLICY RATE CONTINUES TO BE POSITIVE
# SAYS MPC WILL CONTINUE TO REMAIN VIGILANT ON EVOLVING SITUATION, GROWTH OUTLOOK
# SAYS IMPACT OF MONSOON ON INFLATION OUTLOOK REMAINS UNCERTAIN
# SAYS HEADLINE INFLATION STILL ABOVE TARGET
# SAYS PACE OF MONETARY POLICY HAS SLOWED, UNCERTAINTY REMAINS ON FUTURE TRAJECTORY
# SAYS PACE OF GLOBAL ECONOMIC ACTIVITY TO DECELERATE IN 2023
# SAYS MPC TO REMAIN FOCUSED ON WITHDRAWAL OF ACCOMMODATION

Sector in news 🗞

✈️Airlines sector: Domestic airfares are expected to remain high for another six to seven months, or until airlines are able to induct more aircraft and sort out the issues with P&W engines. Report

Air India is to receive 25 new Boeing 737-800 aircraft and six Airbus A-350-900s in the second half of the year as a part of its huge 470 aircraft order. The Boeing 737-800s will most probably be used for flights within India while the Airbus A350s will be used for international flights. #IndiGo and Akasa are also set to receive more aircraft and increase supply in the domestic aviation market.

🔰 Non-insurance sector reported an 18.06 per cent rise year-on-year to Rs 18,031.48 crore for May (excluding specialised companies, Agricultural Credit Insurance Company of India, and ECGC), the latest data released by the General Insurance Council showed.
The general insurance companies, which is 91 per cent of the non-life market, grew 17.45 per cent in May to Rs 15,933 crore while health insurance companies reported a 22.94 rise to Rs 2,098 crore.

#NewIndiaassurance #Icici Lombard

🛒 e-commerce, online travel, food delivery and ride-hailing, the GMV of the country’s internet economy currently stands at $155-$175 billion. This is about 48 per cent of India’s technology sector and may grow to 62 per cent by 2030
#Zomato, #Rategain #Nykaa


🚗 EV India will have 87 per cent electric vehicle (EV) penetration in new vehicle sales and 85 per cent localisation of the XEV value chain by 2047, the FICCI-YES Bank report’s on e-mobility said on Tuesday.
“The projected segment-wise penetration is 91 per cent for three-wheelers, 90 per cent for two-wheelers, 79 per cent for passenger vehicles, and 67 per cent for buses by 2047,” FICCI-YES Bank report ‘India@2047: Electric Mobility’ said.

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 08-06-2023 :*

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

*TOTAL NET SELL : -2130* 😢

*INDEX FUT. : -442*

*INDEX OPT. : -515*

*STOCK FUT. : -1094*

*STOCK OPT. : -78*

*SEC. IN F&O BAN FOR, 09 JUN, 2023 :*

*1. IBULHSGFIN 2. MANAPPURAM*

*ADDITION : NIL*
*DELETION : INDIACEM*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 08-JUN-2023 :*

*FIIS : BUY +212 (8,013-7,801)* 🙂

*DIIS : SELL -405 (5,462-5,867)* 😔

*BSE SENSEX : -294 (62,849)🔽*

*NSE NIFTY : -92 (18,634)*🔽

*BSE MIDCAP. : -241 (27,511)*🔽

*BSE SMLCAP. : -148 (31,385)*🔽

*B. CRUDE : $ 76.66* 🔽 😊

*GOLD: $1968=INR 60,000(10gr)* 🔼 🙂

*SILVER : RS. 73,700 (kg) (5pm)* 🔽 😔

*FOREX : RS. $ 82.57* 🔽 😔

*7.26% GOI '33: 7.0224%(101.6325)*🔼😩

*7.26% GOI '32 : 7.0632%(101.30)* 🔼😩

*7.41% GOI '36 : 7.1050% (102.62)*🔼😩

Dow +43.17 pts ,Nsdq +20.62 pts, S&P +4.93 pts , Bovespa +1531 pts , Ftse -37 pts , Dax -40 pts , Cac -9 pts , Crude @ $69.94 brl (-0.23), Brent @ $74.50 brl (-0.29) , Gold @ 1973.60 (-3.60), Silver @ $24.33 (-0.08), Euro @ $1.0746, JPY @ $139.32, INR @ 82.445


🔹US GOVT. 10-YR YIELD : 3.74%


Today's Corporate Action, 12 June Ex Date:

APCOTEXIND
Final Dividend - Rs. - 3.5000
CYIENT
Final Dividend - Rs. - 16.0000
ICICIGI
Final Dividend - Rs. - 5.5000
INDIANB
Final Dividend - Rs. - 8.6000
IONEXCHANG
Stock  Split From Rs.10/- to Rs.1/-
RIIL
Dividend - Rs. - 3.5000
TATAINVEST
Final Dividend - Rs. - 48.0000


Today's Board Meetings, 12-Jun-23 :

ALAN SCOTT
Rights Issue              
BALKRISHNA
Right Issue of Equity Shares;Increase in Authorised Capital;General;Preferential Issue of shares
MENAMANI
General;Stock  Split              
PSB
General                
SATIN
General                
SEACOAST
Right Issue of Equity Shares;General       
SHARPLINE
Preferential Issue of shares            
TEEAI
General                
UNISTRMU
General;Quarterly Results            
UNQTYMI
A.G.M.;General              
USHDI
Audited Results              
VIJAYTX
Audited Results  


🔹SEC. IN F&O BAN FOR, 12 JUN, 2023 :

1. IBULHSGFIN 2. IEX 3. INDIACEM

ADDITION : INDIACEM , IEX
DELETION : MANAPPUAM