GIFT Nifty -72 pts (21486) from last trade 21558 ,

T.me/AlliesFin

Nikkei -396 pts ,
Hangseng -122 pts ,

Dow +56.81 pts ,Nsdq +52.36 pts, S&P
-0.36 pts , Bovespa -644 pts , Ftse -72 pts , Dax -0.79 pts , Cac +21 pts , Crude @ $72.06 brl (+0.63), Brent @ $77.22 brl (+0.67) , Gold @ 2030.30 (-5.40), Silver $24.04 (-0.11), Euro @ $1.0892, JPY @ $142.31, INR @ 83.025


Today's Corporate Action
18th Dec Ex Date


IFL
Bonus issue 1:10  


Today's Key Results/Board Meetings
18-Dec-23

ADITYA
General    
ALEXANDER
Preferential Issue of shares;General 
ALMONDZGeneral    
ARROWHEAD
Half Yearly Results   
BLUECLOUDS
General    
BRANDBUCKT
Preferential Issue of shares;General 
COMRADE
Preferential Issue of shares  
ENERGYDEV
Quarterly Results;General  
JTLIND
Issue Of Warrants   
LWSKNIT
Right Issue of Equity Shares;General 
PANORAMA
Preferential Issue of shares  
PARACABLES
Preferential Issue of shares  
SANDUMABonus issue   
SENINFO
General    
VEDL
Interim Dividend   
ZWELCAST
Voluntary Delisting of Shares  



Stock under F&O ban on NSE
18-Dec-23

1 BALRAMCHIN
2 DELTACORP
3 HINDCOPPER
4 INDIACEM
5 MANAPPURAM
6 SAIL
7 ZEEL

News Headlines from Business News Agencies:

Business Standard

• India's exports shrink again in Nov after Oct high; trade deficit narrows
• Govt issues revised order to allow use of sugarcane juice to make ethanol
• Bank NIMs may dip further by 30 bps over few quarters: CARE Ratings
• India, Oman adopt vision document to expand bilateral cooperation
• India's growth story is going to be distinctive, unique: HUL's Rohit Jawa
• Royal Enfield faces fresh challenge from Harley in India's biker paradise
• Spicejet's domestic market share makes consistent gains towards 2023-end
• JM Financial appoints Axis Capital's Chirag Negandhi as managing director
• PharmEasy bags Rs 1.3K cr from Pai; Rs 3.5K cr rights issue oversubscribed
• Petroleum Ministry has given nod to import Venezuelan crude: Officials
• India's foreign reserves jump to a five-month high of $607 billion
• Investing half a billion dollar in our generics business: Biocon MD & CEO
• Sebi issues warning to Care Ratings and orders corrective measures
• NCLAT refuses to stay Zee-Sony merger, case to be heard on January 8

Economic Times

• Haryana-based pharma firm MITS plans to expand across India, abroad
• Reliance General Insurance unveils global healthcare policy
• Sterling and Wilson Renewable raises Rs 1,500 crore via QIP
• Zydus Lifesciences gets USFDA nod to sell generic anti-epileptic medication
• Lowering logistics costs to 5-6% of GDP doable: Piyush Goyal
• ESIC to set up nine hospitals in Maharashtra, MP, Uttarakhand
• Courtyard by Marriott opens a new property in Gorakhpur
• Apple to pay $25 million to settle lawsuit over Family Sharing feature
• Dollar rebounds as Fed's Williams talks down rate cuts
• Motisons Jewellers raises Rs 36 cr from anchor investors
• Honda Elevate crosses 20,000 sales mark
• Oil prices remain under pressure on softening demand and oversupply worries
• Activision to pay $50 million to settle workplace discrimination lawsuit

Mint

• ONGC launches Shared Finance Services to centralize vendor payments
• Hero MotoCorp to buy additional 3% stake in Ather Energy for up to ₹140 crore
• FPIs pump ₹42,733 in Indian equities in Dec; Inflows rise after US Fed stance
• Sun Pharma, Lupin recall drugs in US over manufacturing issues: USFDA
• Surat airport to get international tag as Cabinet clears proposal
• With three months still to go, NTPC Mining outdoes its FY23 coal output
• SoftBank sells PB Fintech shares worth ₹914 crore
• Cipla hikes stake in digital tech company GoApptiv
• Emami Group shows a ₹2,000 crore appetite for its food business
• NCLT Mumbai approves sale of Reliance Communications' real estate assets, shares
• India 10-year bond yield logs biggest weekly fall in over 7 months on dovish Fed
• DOMS IPO Issue subscribed 93.52 times; QIB, retail record huge demand
• Steel ministry begins industry consultations as imports exceed exports
T.me/AlliesFin

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 18-12-2023 :

T.me/AlliesFin

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

*TOTAL NET SELL : -22059* 😭😭

*INDEX FUT. : +16*

*INDEX OPT. : -20656*

*STOCK FUT. : -1894*

*STOCK OPT. : +475*

*SEC. IN F&O BAN FOR, 19-DEC-23 :*

*1. BALRAMCHIN 2. HINDCOPPER 3. INDIACEM 4. MANAPPURAM 5. NATIONALUM 6. SAIL 7. ZEEL*

*ADDITION : NATIONALUM*
*DELETION : DELTACORP*

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

*FIIS : SELL -33 (11,474-11,507)* ☺️

*DIIS : BUY +413 (9,657-9,244)* 🙂

*BSE SENSEX : -169 (71,315)🔽*

*NSE NIFTY : -38 (21,418)*🔽

*BSE MIDCAP. : +102 (36,300)*🔼

*BSE SMLCAP. : +202 (42,285)*🔼

*B. CRUDE : $ 79.11* 🔼 😭

*GOLD: $ 2,022=INR 62,900(10gr)*🔽 ☺️

*SILVER : RS. 78,300 (kg)(5pm)*🔽😩

*FOREX : RS. $ 83.06 🔽 ☺️*

*7.26%GOI '33: 7.2051%(100.35)🔽🙂*

*7.18%NEW '33: 7.1584%(100.1350)🔽🙂*

*7.18%GOI '37: 7.2751% (99.1775)🔽🙂*

Mkt updates :

GIFT Nifty +2 pts (21468) from last trade 21466 ,

Nikkei -33 pts ,
Hangseng -78 pts ,


Dow +0.86 pts ,Nsdq +91.27 pts, S&P
+21.37 pts , Bovespa +886 pts , Ftse +38 pts , Dax -100 pts , Cac -28 pts , Crude @ $72.40 brl (-0.07), Brent @ $78.04 brl (+1.49) , Gold @ 2039.80 (-0.60), Silver $24.10 (-0.00), Euro @ $1.0921, JPY @ $142.70, INR @ 83.155


US GOVT. 10-YR YIELD : 3.94%


Today's Corporate Action, 19 Dec Ex Date :

EASEMYTRIP
Interim Dividend - Rs. - 0.1000 
INDINFR
Income Distribution (InvIT)  
PML
Bonus issue 2:1  


Today's Key Results/Board Meetings, 19-Dec-23 :

ENBETRD
General    
EVERTEX
General    
GARGFUR
Issue Of Warrants;Preferential Issue of shares
SATIN
General    
SIELFNS
General    
SRESTHA
General    
TIHIL
General    
TRANSCOR
General    
VEDL
General    
XPROINDIA
Issue Of Warrants;Preferential Issue of shares;General


SEC. IN F&O BAN FOR, 19-DEC-23 :

1. BALRAMCHIN 2. HINDCOPPER 3. INDIACEM 4. MANAPPURAM 5. NATIONALUM 6. SAIL 7. ZEEL

ADDITION : NATIONALUM
DELETION : DELTACORP


Today's Alert :

RBI to Conduct Auction of SDLS BONDS for INR 195.92 Billion

🇮🇳India Daybook Stocks in News

T.me/AlliesFin

India Glycols: Company gets orders worth Rs 1,164 crore from OMCs and other oil companies for supply of ethanol. (Positive)

IRCON: International Chamber of commerce has pronounced the award in favour of company of Rs. 103.6 crore (Positive)

NHPC: Company to mull monetization of future cash flow of one or more power stations on December 22. (Positive)

Sun Pharma: Company to acquire 16.7% stake in Lyndra Therapeutics for $30 m (Positive)

Healthcare Stocks: India Issues Guidelines Amid JN.1 Variant Concerns, Global Surge, and Singapore's Spike (Positive)

PNC Infratech: Company wins a new Hybrid Annuity Highway Project of MPRDC for a 'Bid Project Cost' of Rs. 1174 crore (Positive)

Oil upstream stocks: Govt cuts windfall tax on petroleum crude to Rs.1,300/tonne from Rs.5,000/tonne from Dec 19 (Positive)

KaynesTech: Company launches QIP to raise up to ₹1,400 cr, issue price at ₹2,424/sh (Positive)

Satin: Company to consider and approve QIP Issue Price today (Positive)

JTL Industries: Company approves raising funds up to Rs 1,310 crore via issuance of warrants and QIPs. (Positive)

Archean Chemical: Goldman Sachs, Tata AIA Life Insurance and DSP MF picked a 2.46 percent stake in Archean Chemical Industries (Positive)

IDFC: The bank has received approval from the Reserve Bank of India for a merger with IDFC First Bank. (Positive)

Nestle India: Company fixed record date Jan 5 for stock-split. (Positive)

Olectra Greentech: NCLT dismisses co’s petition against MLR Motors for recovery of Rs 10 cr (Neutral)

Vedanta: Board approves interim dividend of ₹11/Sh, worth ₹4,089 Cr. (Neutral)

Dish TV: Nomination panel perused candidature of Sanjay Banerjee & advised mgmt to file application with I&B Ministry (Neutral)

DCW: Operations at Sahupuram, Tamil Nadu temporarily suspended due to flooding. (Neutral)

KPIGreen: Company opened QIP for raising up to Rs 300 crore on December 18. (Neutral)

Apollo Tyre: Block deal with worth $100 mn or Rs 850 crs launched Deal may have upside option, taking size to over Rs 1650 crores (Neutral)

HDFC Bank: Raises Rs 7,425 crore through maiden infra bond issue after merger. (Neutral)

Adani Green Energy: Company incorporates four step-down subsidiaries. (Neutral)

KRBL/LTFoods: Government has directed rice sector to cut domestic prices

Bandhan Bank: Rating agency Crisil has downgraded the non-convertible debentures (NCDs) of Bandhan Bank

Zee Ent: Sony-Zee $10 Billion Merger Nears Collapse Amid CEO Appointment Deadlock and Regulatory Concerns- Live mint

Today's Headlines Via @ALLiESFiN

Economic Times

📝 Centre cuts windfall tax on petroleum crude, diesel

📝 Centre issues Covid advisory to states after detection of first case of JN.1 variant in India

📝 Suraj Estate Developers IPO booked 71% on Day 1; retail category fully booked

📝 India's sugar production till December 15 trails by 10.7%

📝 Net direct tax collection swells 21 pc to Rs 13.70 lakh cr in FY24

📝 UK’s carbon tax may impact $775 mn worth of Indian goods

📝 India, ADB ink pacts for $500-mln loans to bolster infra sector

📝 CPSE purchases via GeM portal hit Rs 1.37 lakh crore, beat entire FY23 level: Finmin

📝 PE fund InvAscent puts $10 million in health-tech SaaS firm ABI Health Technologies

📝 Cloud kitchen startup Curefoods invests Rs 10 crore in food discovery platform Hogr

📝 EV financing platform Finayo secures Rs 16 crore funding

Business Standard

📝 Software firm Ebix files bankruptcy after short-seller attacks, debt woes

📝 Storied US Steel to be acquired for more than $14 billion by Nippon Steel

📝 CRISIL downgrades Edelweiss Financial Services' long-term rating to 'A+'

📝 India KFC operator Devyani International enters Thailand with $129 mn deal

📝 Jai Balaji raises Rs 559 cr from Tata Capital FinServ to refinance debt

📝 Nirma Ltd to raise upto Rs 3,500 cr for business growth, acquisition

📝 Ambuja Cements to set up renewable energy unit for Rs 6,000 crore


📝 Sun Pharma to acquire 16.7% stake in Lyndra Therapeutics for $30 mn

📝 Centre says likely to achieve fiscal deficit target of 5.9% of GDP in FY24

Financial Express

📝 Top IT firms bag large deals showcasing flagship solutions this year

📝 Vedanta board nod to Rupees 4,089-crore second interim dividend

📝 Govt to launch 9th round of commercial coal mine auction on Wed; 26 mines on the block

📝 NBCC sells 2.23 lakh sq ft commercial space for Rs 905 cr in Delhi’s World Trade Centre

📝 Over 7.40 crore persons filed ITRs in FY23, 5.16 crore showed zero tax liability: FinMin

📝 Govt may scale down capital infusion in OMCs

📝 Rupee falls 2 paise to close at 83.05 against US dollar

📝 Innova Captab’s Rs 570-cr IPO to open on Dec 21

Mint

📝 Happy Forgings raises ₹303 crore from 25 anchor investors ahead of IPO

📝 In a first, govt directs rice sector to cut domestic prices

📝 IndiGo becomes first Indian airline to carry 100 million passengers a year

📝 Adobe, Figma Scrap $20 Billion Acquisition

📝 IBM to buy Software AG's enterprise integration platforms for $2.3 bn to bolster AI, hybrid cloud biz

📝 Crisil downgrades Bandhan Bank's NCDs on poor asset quality.

STAY TUNED FOR UDPATES
TELEGRAM.ME/ALLiESFiN ✨

STOCK LENDING OFFERS,
#SLBM @ALLiESFiN #NSE

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 19-12-2023 :

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

*TOTAL NET BUY : +9665* 😃

*INDEX FUT. : +1284*

*INDEX OPT. : +9234*

*STOCK FUT. : -788*

*STOCK OPT. : -65*

*SEC. IN F&O BAN FOR, 20-DEC-23 :*

*1. BALRAMCHIN 2. DELTACORP 3. INDUSTOWER 4. IRCTC 5. MANAPPURAM 6. NATIONALUM 7. PEL 8. RBLBANK 9. SAIL 10 . ZEEL*

*ADDITION : DELTACORP, INDUSTOWER, IRCTC, PEL, RBLBANK*
*DELETION : HINDCOPPER, INDIACEM*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 19-DEC-2023 :*

*FIIS : SELL -601 (11,749-12,350)* 😩

*DIIS : BUY +294 (8,728-8,434)* 🙂

*BSE SENSEX : +122 (71,437)🔼*

*NSE NIFTY : +35 (21,453)*🔼

*BSE MIDCAP. : -114 (36,186)*🔽

*BSE SMLCAP. : +42 (42,327)*🔼

*B. CRUDE : $ 78.40* 🔽 😊

*GOLD: $ 2,036=INR 63,800(10gr)*🔼 😊

*SILVER : RS. 77,800 (kg)(5pm)*🔽😩

*FOREX : RS. $ 83.18 🔽 ☺️*

*7.26%GOI '33: 7.2127%(100.30)🔼☺️*

*7.18%NEW '33: 7.1744%(100.0250)🔼☺️*

*7.18%GOI '37: 7.2778% (99.1550)🔼☺️*

🇮🇳India Daybook – Stocks in News

Varun Beverages: Company signs MoU with Jharkhand govt for manufacturing plant in Patratu with a Rs 450 cr outlay (Positive)

LTI Mindtree: Company collaborates with Microsoft to deliver AI powered employee engagement applications (Positive)

Tech Mahindra: Mohit Joshi assumes office as MD & CEO with effect from tomorrow as CP Gurnani Retires. (Positive)

Glenmark Life: CCI approves acquisition of majority shareholding of Glenmark Life Sciences by Nirma Limited (Positive)

BPCL: Board approves a proposal for setting up Polypropylene (PP) Unit, for production of Polypropylene at Kochi Refinery, at gross project cost of Rs 5044 cr. (Positive)

RVNL: Lowest bidder for Varkala Sivagiri Railway Station in Kerala with project cost Rs 124 crore (Positive)

Varun Beverages: Company signs MoU with Jharkhand govt for manufacturing plant in Patratu with a Rs 450 cr outlay (Positive)

Aurobindo Pharma: Company gets U.S. FDA tentative approval for Baricitinib tablet. (Positive)

JK Tyre: Company opens QIP for raising up to Rs 500 crore. (Positive)

NTPC: Group touches 300 BU power generation mark in FY24. (Positive)

*Karur Bank:*HDFC Life and Bank enter into corporate agency tie-up. (Positive)

JB Pharma: Company inks Rs 1,089 crore pacts with Novartis for select ophthalmology brands. (Positive)

Deepak Nitrite: Subsidiary approved the execution of a binding term sheet with Petronet to offtake 250 KTPA of Propylene and 11 KTPA of Hydrogen from Petronet Petrochemical Project at Dahej, Gujarat (Positive)

Anupam Rasayan: Company approved a preferential allotment of 19,04,540 equity shares for Rs 945.11 per share to Rehash Industrial and Resins Chemicals. (Positive)

Container Corporation: Company signed a MoU with DB Schenker India to collaborate on EXIM and domestic business. (Positive)

HCL Tech: Ransomware incident occurs in an isolated cloud environment for one of HCLTech’s projects (Neutral)

Nippon AMC: Sources say IndusInd Bank to sell up to 1.79 cr shares, 2.86% eq in Nippon AMC via block deals: CNBC (Neutral)

Astral: Promoter looks to sell 2-3% equity stake this week: CNBC (Neutral)

Adani Ent: Delhi High Court directs CBI, DRI to probe allegations of “over invoicing” of coal imports, equipment. (Neutral)

Abbott India: MD Vivek Kamath resigned effective Mar 18. (Neutral)

Jindal Saw: Two entities offload Jindal Saw shares worth Rs 97 crore. (Neutral)

Apollo Tyre: Warburg affiliate pares stake in Apollo Tyres for Rs 1,281 crore. (Neutral)

Wipro: Wipro Holdings UK transfers 100% stake in unit Designit to Wipro IT Services UK Societas: Exchange Filing. (Neutral)

IREDA: The Board approved to raise of unsecured, redeemable, non-convertible, non-cumulative, taxable, bonds worth Rs 500 crore at base issue (Neutral)

UPL: The board is scheduled to meet on 22 December to consider raising funds. (Neutral)

Mkt. Updates:

GIFT Nifty +80 pts (21609) from last trade 21529 ,

Nikkei +513 pts ,
Hangseng +143 pts ,

Dow +251.90 pts ,Nsdq +98.03 pts, S&P
+27.81 pts , Bovespa +767 pts , Ftse +23 pts , Dax +93 pts , Cac +5 pts , Crude @ $73.44 brl (-0.00), Brent @ $79.27 brl (+1.32) , Gold @ 2054.40 (+2.30), Silver $24.3535 (+0.03), Euro @ $1.0979, JPY @ $143.88, INR @ 83.065


US GOVT. 10-YR YIELD : 3.91%

Today's Corporate Action, 20 Dec Ex Date :

None


Today's Key Results/Board Meetings, 20-Dec-23 :

BLUECHIPT
General    
FLAIR
Quarterly Results   
JMJFIN
General    
MAAGHADV
Bonus issue;Stock  Split  
MACINTR
Increase in Authorised Capital;Preferential Issue of shares
MYSPAPE
Quarterly Results   
PML
General    
SWASTIKA
Issue Of Warrants   
UMIYA


SEC. IN F&O BAN FOR, 20-DEC-23 :

1. BALRAMCHIN 2. DELTACORP 3. INDUSTOWER 4. IRCTC 5. MANAPPURAM 6. NATIONALUM 7. PEL 8. RBLBANK 9. SAIL 10. ZEEL.

ADDITION : DELTACORP, INDUSTOWER, IRCTC, PEL, RBLBANK
DELETION : HINDCOPPER, INDIACEM

News Headlines from Business News Agencies:

Business Standard

• Aviation industry expected to see 10-15% revenue growth in FY25: ICRA
• Share of agriculture in India's GDP declined to 15% in FY23: Govt
• Centre allows additional borrowing of Rs 60,000 crore to 22 states for NPS
• $245 bn IT sector sees tougher terms amid scramble for contracts: Report
• Thai acquisition offers additional growth engine for Devyani International
• Air India starts rollout of new brand identity from Delhi, Mumbai airports
• Tamil Nadu retains 'achiever' status in logistics infra rankings of states
• Tata Consumer Products in talks for acquisitions to expand globally: Report
• Vedanta Ltd to raise up to Rs 3,400 crore via non-convertible debentures
• Periama completes acquisition of remaining 10% stake in JSW Steel's USA arm
• India Glycols win ethanol supply order from OMCs, Reliance
• AkzoNobel appoints Rajiv Rajgopal as decorative paints South Asia head
• Unclaimed deposits with banks rise by 28% to Rs 42,270 crore in FY23: Govt

Economic Times

• Assam government takes up ten cities for special development plan
• RBI tightens rules for lenders investing in alternative investment funds
• EoI for RINL strategic sale to be invited after discussing broad contours with stakeholders: Govt
• Software startup ServiceTitan prepares for 2024 IPO
• CapitaLand India Trust completes acquisition of two industrial facilities in Chennai
• API maker Fleming Laboratories raises Rs 110 cr from PE fund InvAscent
• Vijaya Diagnostic to acquire PH Diagnostic for Rs 134.65 crore
• IT sector’s fresher hiring to be 30% lower in fiscal 2024: TeamLease Digital
• BharatPe to raise Rs 500 crore debt over the next year
• JB Pharma inks Rs 1,089 cr pacts with Novartis for select ophthalmology brands
• Telecom Bill 2023, a watershed moment in reforms process: Vi CEO Moondra
• PE/VC bets plummet to 43-month low of $1.6 bn in Nov

Mint

• PepsiCo bottler Varun Beverages to acquire South Africa's BevCo for ₹1,320 cr
• Dreamfolks launches membership program as airport lounges gain popularity
• Suzlon Group inks working capital deal with state-run REC
• SpiceJet expresses interest in buying bankrupt Go First
• HC upholds dismissal of Max Health's plea against Care Hospitals sale
• Bandhan Bank introduces INSPIRE designed exclusively for senior citizens
• Goldman ramps up credit business in India, targets diaspora
• Macquarie cheques into EV finance in India with $400 mn
• Bank of Baroda launches zero balance savings account for students
• PNC Infratech bags new hybrid annuity road project
• Transformers & Rectifiers bags orders worth Rs 237 cr from Power Grid
• Happy Forgings IPO subscribed 65% so far on day 1; retail portion fully booked

STOCK LENDING OFFERS AT NSE,
#SLBM #ALLiESFiN

Document from Axit D Shah Aapka Saarthi @StockArthi @AlliesFin Learn & Earn Market ll us

Document from Axit D Shah Aapka Saarthi @StockArthi @AlliesFin Learn & Earn Market ll us

Document from Axit D Shah Aapka Saarthi @StockArthi @AlliesFin Learn & Earn Market ll us

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*News Headlines from Business News Agencies :*

*Business Standard :*

• Inflation to ease to 4.6% in the first three quarters of 2024-25: RBI

• UPI transactions up 118% in semi-urban, rural retail stores in 2023: Study

• At Rs 3.79 trn, PSU capex hits 52% of budget target by September end

• ShareChat's valuation cut to $1.5 bn, lays off 200 employees: Reports

• Smartphone maker Vivo India reports net profit of Rs 211 crore in FY23

• Mahindra Logistics to sell its entire 39.79% stake in associate firm TLPL

• TVS Motor says aiming for bigger market share in premium motorbike segment

• Approval for 19 General insurance cos applications in IRDAI's pipeline

• Realty developer K Raheja Homes sees strong buyer demand from West India

• OEM, dealers to play Santa during year-end for EV passenger vehicles

• MHI introduces amendment to automobile wheel rim quality control order

• Cochin Shipyard, Defence ministry sign Rs 488 cr contract for ship repairs


*Economic Times :*

• Indian Gas Exchange (IGX) plans to introduce LNG contracts to boost distribution in unconnected areas

• DLF sells properties worth Rs 1,400 cr in Gurugram, Panchkula

• PNGRB invites bids for 875 Km natural gas pipeline connecting Ennore to Barshi

• Intel sets up R&D lab at CtrlS Bengaluru data center

• Food subsidy of Rs 1.68 lk cr and Rs 57,686 cr released to FCI, state DCP in 2023

• India expected to be surplus in coal production by FY26: Govt

• Euler Motors net loss jumps five-fold to Rs 175.44 crore in FY23

• Credo Brands IPO picks up pace on Day 2 with 5.19x subscription

• DOMS would like to maintain EBITDA margins at 15-16% across categories: CFO

• Indian Real Estate: Altered courses and emerging stronger in 2024

• SoftBank India operating partner Vikas Agnihotri leaves fund

• EnKash gets RBI nod to operate as payment aggregator


*Mint :*

• ONGC, Oil India poised for growth amid shifting oil dynamics

• HDFC Bank raises ₹7,425 crore via bonds to fund infra, housing projects

• Centre releases norms for lease of sites for offshore wind projects

• Toyota subsidiary Daihatsu temporarily suspends global car shipments

• Ford Motor Co. halts Tamil Nadu plant sale to JSW Group

• Tesla Supplier Panasonic Drops Plan for Oklahoma EV Battery Factory

• RBI warms up to fintechs for cross-border e-commerce

• India’s digital media market to triple by 2030, says report

• India Shelter share price debuts at 25% premium

• MoD signs contract with Mazagon Dock worth Rs 1,615 cr

• Accenture forecasts Q2 revenue below estimates on muted IT spending

Bharat Daybook Stocks in News

*Cochin Shipyard:* Signs a Rs 488.25 cr contract with Defence Ministry for Short Refit of Indian Naval Ship (Positive)

*Mazagon:* Ministry of Defence signs Rs 1,614.89 crore contract with company for procurement of 6 Next Generation Offshore Patrol Vessels for Indian Coast Guard (Positive)

*Zee Ent:* Company said that Sony India agreed to discuss extension of merger date (Positive)

*AstraZeneca Pharma:* Company will launch Enhertu in January 2024 in India. (Positive)

*BSE:* SEBI approves appointment of Pramod Agrawal as BSE Chairman (Positive)

*DLF:* Company said it has sold independent floors and commercial plots for around Rs 1,400 crore in Gurugram and Panchkula, in Haryana (Positive)

*Raymond:* Company has incorporated the wholly owned subsidiary Ten X Realty East with the objective of undertaking real estate business (Positive)

*Sonata Software:* Company signed a contract with AMMEGA Group, a global leader in conveyor belts and power transmission with manufacturing sites and customer solution centres around the world. (Positive)

*Tarsons Products:* Company will acquire German medical distributor Nerbe for about €10–15 million. (Positive)

*Manali Petrochemical:* Company has resumed its operations at the Chennai plant. (Positive)

*India Shelter Finance:* Goldman Sachs Funds bought 5.91 lakh shares (0.55%) at Rs 593.08 per share. (Positive)

*Symphony:* HDFC Mutual Fund Multi Cap Fund bought 6 lakh shares (Positive)

*India Pesticides:* Company has received technical equivalence certification for a herbicide technical product from the European Union. (Positive)

*UltraTech Cement:* Company to buy 26% stake in renewable energy company Clean Max Terra for Rs 20.25 crore (Neutral)

*Karur Vysya Bank:* Rajesh E T, the current Chief of Internal Vigilance, has been transferred to the Inspection and Audit Department to manage and develop the department's software applications (Neutral)

*Tips Industries:* Promoters, including Kumar Taurani and Ramesh Taurani, have sold a 6.07% stake in the music record label company (Neutral)

*Adani Green Energy:* Company will consider a proposal to raise funds via multiple instruments on Dec. 26. (Neutral)

*Flair Writing:* Company reported revenue of Rs 257 crore for Q2 FY24 and a net profit of Rs 33.15 crore for Q2 FY24. (Neutral)

*REC:* Company incorporated a wholly owned subsidiary, Kankani Power Transmission. (Neutral)

*Landmark Cars:* Bajaj Finance sold 3.2 lakh shares at Rs 805.58 per share. (Neutral)

*ION Exchange:* Promoter group Mahabir Prasad Patni sold 1 lakh shares between Dec. 11 and 19. (Neutral)