RELIANCE: LISTING OF EQUITY SHARES OF JIO FINANCIAL SERVICES ON AUGUST 21- BSE

#BREAKING

Listing of Jio Financial Services Ltd Ltd on 21st August, 2023

Symbol: JIOFIN

Series: Equity “T Group”

BSE Code: 543940

ISIN: INE758E01017

Face Value: Rs 10/-

Previous Discovered Price: Rs 261.85/- per share

telegram.me/ALLiESFiN

18/8/2023 @AlliesFin
BSE:-202(64948)
NSE:-55(19310)
B.NIFTY:-40(43851)
MID:-124(30265)
SML:-80(35283)
FII|FPI:-266Cr
DII:+339Cr
B.Crude: 83
Gold$:1890=INR: 58439
Silver: 70145
$/Rs: 83.10
7.26 : 2033 G-Sec: 7.21
NSE PE: 22.32

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 18-08-2023 :*

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

*TOTAL NET SELL : -1488* 😥

*INDEX FUT. : +1071*

*INDEX OPT. : -499*

*STOCK FUT. : -2124*

*STOCK OPT. : +64*

*SEC. IN F&O BAN FOR, 21-Aug-23 :*

*1. CHAMBLFERT 2. HINDCOPPER 3. DELTACORP 4. IBULHSGFIN 5. PNB 6. INDIACEM 7. GRANULES 8. ZEEL 9. GNFC 10. SAIL 11. MANAPPURAM*

*ADDITION : MANAPPURAM*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 18-AUG-2023 :*

*FIIS : SELL -267 (12,302-12,569)* ☺️

*DIIS : BUY +339 (6,501-6,162)* 🙂

*BSE SENSEX : -202 (64,949)🔽*

*NSE NIFTY : -55 (19,310)*🔽

*BSE MIDCAP. : -125 (30,265)*🔽

*BSE SMLCAP. : -81 (35,283)*🔽

*B. CRUDE : $ 84.04* 🔽 🙂

*GOLD: $1893=INR 58,000(10gr)* ↔️ 😳

*SILVER : RS. 73,800 (kg) (5pm)* 🔼 😊

*FOREX : RS. $ 83.10 🔼 🙂*

*7.26% GOI '33 : 7.2172%(100.2850)🔽😊*

*7.18% NEW '33 : 7.1960%(99.8850)🔽😊*

*7.41% GOI '36 : 7.2956% (100.95)🔽😊*

JIO FINANCIAL SERVICES
LISTS AT 262
A LOT OF BULK DEALS MAY HAPPEN DUE TO INDEX ADJUSTMENTS IN THIS STOCK TODAY.

Stocks in the news

Jio Financial Services: Jio Financial Services (formerly known as Reliance Strategic Investments), the demerged entity of billionaire Mukesh Ambani-led Reliance Industries, will be listed on the exchanges, on August 21. The exchanges in their circular said the scrip would be in Trade-for-Trade segment for 10 trading days. Meanwhile, Jio Financial Services will continue to remain in FTSE Indices, and will be added to MSCI Global Standard Index on August 23.

NMDC: The Government of India has extended the tenure of appointment of Amitava Mukherjee as Director (Finance) on the NMDC board with effect from November 20, 2023, till February 29, 2028. Mukherjee was appointed as Director (Finance) on the board for five years with effect from November 11, 2018 or till the date of his superannuation or until further orders, whichever is earliest.

KEC International: The RPG Group company has secured new orders worth Rs 1,007 crore across its various businesses. The civil business has secured its first order for design, engineering, procurement and construction of a multi-speciality hospital in India, while transmission & distribution business has secured a substantial order for a 380 kV overhead transmission line project in the Middle East.

Tanla Platforms: The company, which provides value-added services in the cloud communications space, had entered into a term sheet with Vodafone Idea for provision of platform and firewall services for international A2P services in November 2021, which was valid for a term of 2 years. This partnership will not continue beyond the initial term, said the company, adding this would have a revenue impact of Rs 17 crore and PAT impact of Rs 9 crore on a full-quarter basis post November 2023.

GMR Airports Infrastructure: The company said passenger traffic in July increased by 30 percent YoY to 98.6 lakh, but was flat compared to previous month, while aircraft movements rose by 17 percent on-year and 3 percent on month-on-month basis, to 64,809.

CreditAccess Grameen: The microfinance company said its executive borrowing & investment committee has approved the fund raising up to Rs 1,000 crore via public issue of non-convertible debentures of face value of Rs 1000 each. The fund raising of NCDs has a base issue of Rs 400 crore and a green shoe option of up to Rs 600 crore.

Mahindra & Mahindra: The SUV manufacturer has announced proactive inspection of select XUV products.

India Daybook – Stocks in News

Jio Financial Services: Company will be added to MSCI Global Standard Index on August 23 (Positive)

KEC International: Company wins new orders worth Rs 1,007 crore across various businesses. (Positive)

Titan: Company acquires 27% stake in Carat Lane for Rs 4,621 crore (Positive)

GMR Airports: July Passenger traffic up 30% (YoY) (Positive)

Gujarat Gas: Company hikes industrial gas price to Rs 40.83 per scm, sources to CNBC (Positive)

PNB Housing Finance: Company resolves and fully recovers corporate Non-performing account of Rs 784 cr (Positive)

Cholamandalam/Carborundum/Coromandel/CG Power: Murugappa family settles legal disputes with Valli Arunachalam (Positive)

Concord Biotech: Norges Bank on Account of the Government Pension Fund Global has bought 8.99 lakh equity shares (Positive)

Global Surfaces: Europe-based financial services group Societe Generale has purchased 2.5 lakh shares (Positive)

Repro India: Morgan Stanley Asia (Singapore) Pte has bought 1.65 lakh shares . (Positive)

ONGC: ONGC Videsh has secured a three-year extension from Vietnam to explore 'Block 128' in the South China Sea. (Positive)

Spandana Sphoorty ICRA has upgraded the ratings and revised the outlook for various instruments. (Positive)

Ashok Leyland: To issue Rs 870 crore corporate guarantee to cover lender facilities of two subsidiaries Optare Plc & Switch Mobility UK (Neutral)

Tanla Platforms: Won’t renew Voda Idea agreement beyond expiry of initial term in November 2023 (Neutral)

Lupin: Acquires Ondero & Ondero - Met brands from Boehringer Ingelheim for ₹235 crore (Neutral)

Adani Energy Solutions: To meet investors on Aug 23, Aug 30: Agencies. (Neutral)

SJS Enterprises: Ace investor Ashish Kacholia has sold 1.8 lakh shares or 0.58 percent stake . (Neutral)

NMDC: The Government of India has extended the tenure of appointment of Amitava Mukherjee as Director (Finance) on the NMDC board. (Neutral)

CreditAccess Grameen: Company said its executive borrowing & investment committee has approved the fund raising up to Rs 1,000 crore (Neutral)

GMM Pfaudler: Pfaudler sold 61 lakh shares (13.5%) at Rs 1,352.1 apiece. (Neutral)

Mahindra & Mahindra: The SUV manufacturer has announced proactive inspection of select XUV products. (Neutral)

Sterling and Wilson: Khurshed Yazdi Daruvala sold 10 lakh shares (0.5%) at Rs 345.04 apiece. (Neutral)

Kotak Mahindra Bank': Chairman Prakash Apte said the attrition challenge for the bank is concentrated at the junior management level.

Dow +25.83 pts ,Nsdq -26.16 pts, S&P -0.65 pts , Bovespa +429 pts , Ftse -47 pts , Dax -102 pts , Cac -27 pts , Crude @ $81.27 brl (+0.02), Brent @ $84.74 brl (-0.06) , Gold @ 1918.50 (+2.00), Silver @ $22.81 (+0.07), Euro @ $1.0871, JPY @ $145.30, INR @ 83.145




Today's Corporate Action
21st Aug Ex Date



AAL
Final Dividend - Rs. - 1.5000
CHAMBLFERT
Final Dividend - Rs. - 3.0000
COMPEAU
Final Dividend - Rs. - 1.0000
FINOLEXIND
Final Dividend - Rs. - 1.5000
ITDCEM
Dividend - Rs. - 0.7500
JAGSNPHARM
Dividend - Rs. - 5.0000
KPEL
Interim Dividend - Rs. - 0.2500
KRITINUT
Final Dividend - Rs. - 0.2500
LINC
Final Dividend - Rs. - 5.0000
RELIANCE
Final Dividend - Rs. - 9.0000
STOVACQ
Special Dividend - Rs. - 157.0000
TAMBOLI
Final Dividend - Rs. - 1.0000
TRANSPEK
Dividend - Rs. - 27.5000
UNIABEXAL
Dividend - Rs. - 20.0000
VASCONEQ
Interim Dividend - Rs. - 0.2500




Today's Board Meetings
21-Aug-23



ATCOM
General    
ATL
Quarterly Results  
DATAINFRA
General    
DEEP
Preferential Issue of shares
GARBIFIN
General    
GETALONG
General    
INDOCITY
A.G.M.    
INDOSTAR
A.G.M.    
INSILCO
Quarterly Results  
JAINCO
General    
JJFINCOR
General    
MAGNUM
Issue Of Warrants  
MOHITE
Quarterly Results  
NILACHAL
A.G.M.    
OBCL
General;A.G.M.  
PGIL
Interim Dividend  
RANJITSE
Quarterly Results  
SEPC
Rights Issue  
SHRMFGC
A.G.M.    
SONALIS
Audited Results  
VAARAD
General    
WEBELSOLAR
Preferential Issue of shares;General


Stocks in F&O Ban_21.08.2023


CHAMBLFERT

DELTACORP

GNFC

GRANULES

HINDCOPPER

IBULHSGFIN

INDIACEM

MANAPPURAM

PNB

SAIL

ZEEL

News Headlines from Business News Agencies:

Business Standard

• Employment in India registered V-shaped recovery post-pandemic: Former CEA
• Banks, finance companies expect robust festive season credit offtake
• NHAI, GAIL join forces to simplify infrastructure expansion process
• Titan buys additional 27.1% stake in CaratLane for Rs 4,621 crore
• Jio Financial Services to list on Monday
• RBI prohibits lenders from compounding penal interest on loan defaults
• Corporate affairs ministry assessing need to ramp up bench strength of NCLT
• Centre rolls out Rs 5,000 crore RLI scheme for pharma, med-tech sectors
• Rajasthan govt plans to allocate Rs 5,200 cr to strengthen road network
• Corporate India's deal activity jumps 58% to $3.1 bn in Jul: Report
• Sterlite Copper keeps all doors open for the Thoothukudi plant restart
• French carmaker Renault looks to drive electric car into India next year
• India needs major reforms in food supply management: RBI researchers

Economic Times

• Financial services secretary holds review meeting with PSB heads on PM Vishwakarma Scheme
• Coal India plans policy for financial assistance to future mountaineers
• Murugappa family agrees on terms of family arrangement with the family branch of late M V Murugappan
• Foxconn's logistics unit Jusda opens new office in Tamil Nadu
• RBI appoints P R Seshadri as South Indian Bank MD & CEO
• CreditAccess Grameen to raise up to Rs 1000 crore via NCDs
• OCEN 4.0 unveiled to facilitate short-tenor loans to MSMEs
• India headed for driest August in over 100 years, summer crops at risk
• Pfaudler sells 13.6% stake in GMM Pfaudler; ChrysCapital among buyers
• RBI expected to hold policy rate again at next review meeting: Crisil
• Mahindra to inspect over 100,000 XUVs for potential wiring issue
• Jalan Kalrock Consortium seeks more time to pay Rs 350 cr to Jet Airways’ lenders
• TresVista aims to achieve $50 million milestone in current financial year
• M&M gets Rs 14.3 lakh penalty notice for incorrect input tax credit claim by erstwhile arm

Mint

• Moody's affirms India's BAA3 rating, maintains ‘stable’ outlook on economy
• Sebi plans to bring follow-on offer rules for REITs, InvITs
• Gujarat Gas increases industrial gas rates to ₹40.83/scm, says report
• NLC India signs pact with Rajasthan govt for 300 MW solar power supply
• Route Mobile to partner with Vodafone Idea on A2P SMS monetisation through AI
• Pyramid Technoplast IPO: Issue subscribed 1.61 times on day 1
• Retail leasing in Delhi-NCR up by 65% in H1 2023: CBRE
• Coworking firm BHIVE to launch ₹400 crore alternative investment fund
• Ashok Leyland to issue corporate guarantee of ₹870 crore for two subsidiaries
• India rolls out green hydrogen production standards
• Centre seeks bids to survey wind energy sites in Tamil Nadu
• Debt quality in financial sector declined marginally in July: Report
• Global wealth management firm UBS Group AG to expand team in India.

*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 21-08-2023 :*

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

*TOTAL NET SELL : -6450* 😭

*INDEX FUT. : +211*

*INDEX OPT. : +2077*

*STOCK FUT. : -8580*

*STOCK OPT. : -159*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 21-AUG-2023 :*

*FIIS : SELL -1,901 (8,075-9,976)* 😥

*DIIS : BUY +626 (6,157-5,531)* 😊

*BSE SENSEX : +267 (65,216)🔼*

*NSE NIFTY : +83 (19,393)*🔼

*BSE MIDCAP. : +263 (30,528)*🔼

*BSE SMLCAP. : +252 (35,535)*🔼

*B. CRUDE : $ 84.91* 🔼 😩

*GOLD: $1888=INR 57,900(10gr)* 🔽 ☺️

*SILVER : RS. 73,600 (kg) (5pm)* 🔽 ☺️

*FOREX : RS. $ 83.10 ↔️ 😳*

*7.26% GOI '33 : 7.2208%(100.26)🔼☺️*

*7.18% NEW '33 : 7.1839%(99.97)🔽🙂*

*7.41% GOI '36 : 7.3014% (100.90)🔼☺️*

*SEC. IN F&O BAN FOR, 22-Aug-23 :*

*1. CHAMBLFERT 2. GNFC 3. DELTACORP 4. IBULHSGFIN 5. INDIACEM 6. SAIL 7. METROPOLIS 8. ZEEL 9. PNB 10. HINDCOPPER 11. MANAPPURAM*


*ADDITION : METROPOLIS*
*DELETION : GRANULES*

Mkt. Updates :

*GIFT Nifty -19 pts (19380) from last trade 19399 ,*

Nikkei +211 pts ,
Hangseng +19 pts ,


Dow -36.97 pts ,Nsdq +206.81 pts, S&P +30.06 pts , Bovespa -979 pts , Ftse -4 pts , Dax +29 pts , Cac +33 pts , Crude @ $80.83 brl (+0.11), Brent @ $84.46 brl (-0.00) , Gold @ 1924.40 (+1.40), Silver @ $23.38 (+0.04), Euro @ $1.0897, JPY @ $146.20, INR @ 83.085


*US GOVT. 10-YR YIELD : 4.35%*


*Today's Corporate Action, 22 Aug Ex Date :*

ANZEN
Income Distribution (InvIT) 
CHEMFABALKA
Final Dividend - Rs. - 1.2500
DREAMFOLKS
Interim Dividend - Rs. - 0.5000
ISEC
Final Dividend - Rs. - 9.2500
KPIGREEN
Interim Dividend - Rs. - 0.2500
KTKBANK
Final Dividend - Rs. - 5.0000
MNKALCOLTD
Final Dividend - Rs. - 0.0500
MNKCMILTD
Final Dividend - Rs. - 0.0300
MORGANITE
Final Dividend - Rs. - 11.0000
NATCOPHARM
Interim Dividend - Rs. - 7.0000
NHPC
Final Dividend - Rs. - 0.4500
PANAMAPET
Final Dividend - Rs. - 5.0000
SUBROS
Dividend - Rs. - 1.0000
SUNTV
Interim Dividend - Rs. - 6.2500
TYCHE
Dividend - Rs. - 2.0000
VGIL
Bonus issue 1:1  
VRL
Final Dividend - Rs. - 2.0000
ASTRAMICRO
Final Dividend - Rs. - 1.6000


*Today's Board Meetings, 22-Aug-23 :*

CCCL
A.G.M.    
LAL
Issue Of Warrants  
PRERINFRA
General    
TIRUSTA
Increase in Authorised Capital;Preferential Issue of shares
WSIND
General  


*SEC. IN F&O BAN FOR, 22-Aug-23 :*

*1. CHAMBLFERT 2. GNFC 3. DELTACORP 4. IBULHSGFIN 5. INDIACEM 6. SAIL 7. METROPOLIS 8. ZEEL 9. PNB 10. HINDCOPPER 11. MANAPPURAM*

*ADDITION : METROPOLIS*
*DELETION : GRANULES*


*Today's Alert :*

*RBI to Conduct Auction of SDLS BONDS for INR 84.30 Billion*

News Headlines from Business News Agencies:

Business Standard

• Amul India aims to achieve a turnover of Rs 80,000 crore in FY23-24
• Rajasthan govt approves Rs 700 crore for irrigation infrastructure upgrade
• Wipro appoints Brijesh Singh as global head of artificial intelligence
• ADIA-backed IIFL Home Finance raises nearly $100 million from IFC
• Bharat Forge secures order worth Rs 850 crore
• SoftBank sells a part of its stake in IPO-bound FirstCry for Rs 435 crore
• KEC International secured multiple orders worth Rs 1,007 cr
• Byju's top executive Cherian Thomas quits, joins Impending Inc as CEO
• RBI nudges local banks to settle UAE trades in rupee, dirham: Report
• WeWork India Q1 revenue up 40% to Rs 400 cr on rising demand: CEO Virwani
• Tata Sons seek partnerships for UK battery plant to supply JLR Evs
• Wockhardt shareholders reject proposal to raise Rs 1,600 cr from promotor
• Knowledge Marine & Engineering Works unit gets letter of intent worth ₹342.06 cr from four sand buyers in Bahrain

Economic Times

• IREDA targets Rs 4,350 crore revenues in FY24; Rs 5,220 crore in FY25
• Canara Bank launches UPI Interoperable Digital Rupee mobile application
• Telecom sector AGR up 2.53% on-qtr in Q4FY23, Jio gains maximum revenue: Trai
• Mahindra Manulife Mutual Fund launches Mahindra Manulife Business Cycle Fund
• Indel Money Q1 Results: Profit jumps 63% QoQ to Rs 21 crore
• Centre's stand sought on plea against inclusion of CAs under money laundering law
• Jet Airways’ lenders agree to give Jalan Kalrock Consortium extension till Sep 30 to make payments
• HonorTech to relaunch Honor brand of phones, to invest Rs 1,000 cr
• Global logistics major CEVA to buy Warburg’s over 90% stake in Stellar Value Chain
• Operations begin at Rs 700-crore new terminal of Port Blair airport
• Govt funding key to digitalisation, say 80% of SMEs: Survey
• ABB India bags order to automate Reliance Life Science's biopharmaceutical facilities

Mint

• Tata Power Renewable inks 9MWp solar deal with Tata Motors' Pantnagar plant
• AP Moller-Maersk to expand India distribution network with more than 500 Evs
• G20 Pandemic Fund grants $25 mn for animal health system in India
• Unveil Consumer Insights to Accelerate B2B Sales with ASK1
• India's jet fuel demand to rebound to 2019 levels by Q1 2024: S&P Global
• PFC inks $1.28 mn loan pact with JBIC for waste-to-energy project in Karnataka
• Hikal appoints two independent directors amid family feud
• Jio Financials lists at ₹262 per share on NSE and ₹265 per share on BSE
• Yes Bank receives redemption amount of ₹230 cr in Security Receipts Portfolio
• Airport lounge services firm Encalm enters hotel business
• L&T Energy Hydrocarbon bags order in the range of ₹1,000-2,500 cr from Saipem & Clough JV
• Kalyani Strategic Systems secures order of ₹849 cr to supply armoured vehicle chassis

India Daybook Stocks in News

*Welspun Enterprises:* Company acquires remaining 50.10% stake in Michigan Engineers (Positive)

*Union Bank:* Board approves raising up to ₹5,000 cr via Qualified Institutional Placement, floor price at ₹91.10/sh. (Positive)

*Tata Power:* Renewable Energy signs PPA for 9 MWp on campus solar plant with Tata Motors Limited for Pantnagar plant in Uttarakhand (Positive)

*Adani Ent:* Promoter has raised stake to 69.87% from 67.65%, acquired 2.22% from August 7-18 (Positive)

*Sula Vineyards:* Company to concentrate on vineyards outside Bengaluru (Positive)

*Lemon Tree:* Company has signed license agreements for two properties in Bhubaneswar and Kasauli (Positive)

*Brigade:* Company has entered into a sale deed for acquiring 6.54 acres of land parcel in Chennai. (Positive)

*RITES:* Company signed a MoU with NHPC Limited to collaborate on comprehensive Consultancy services for Rail Infrastructure facilities (Positive)

*BHEL:* Company has received an order worth of Rs 4000 crore from Mahan Energen, a unit of Adani Power (Positive)

*BLS International:* BLS International FZE is in process to subscribe 100% share capital of Saudi Arabia-based BLS International Travel & Tourism (Positive)

*Glenmark:* USA reaches antitrust settlement with US Department of Justice, Antitrust Division (DOJ) (Neutral)

*Adani Power:* Company targets 21,110 MW thermal capacity by fiscal 2029. (Neutral)

*Adani Energy Solutions:* To meet investors on Aug 23, Aug 30: Agencies. (Neutral)

*Shriram Properties:* Omega TC Sabre Holdings sold 18 lakh shares at Rs 75.43 apiece. (Neutral)

*Sanghi Industries:* Ambuja Cements has made an open offer to acquire a 26% stake for Rs 767.16 crore. The offer opens on Sept. 29 and closes on Oct. 13. (Neutral)

BHEL bags order worth Rs 4,000 crore from Adani Power subsidiary - https://www.republicworld.com/business-news/india-business/bhel-bags-order-worth-rs-4000-crore-from-adani-power-subsidiary-articleshow.html

YESTERDAY BHEL GOT THIS ORDER FROM ADANI POWER AND TODAY BOTH STOCKS UP 😊