*🇮🇳India Daybook – Stocks in News*


*Cochin Shipyard:* Net Profit at Rs 244.4 cr vs Rs 110.4 cr, Revenue at Rs 1056 cr vs Rs 642 cr (YoY) (Positive)

*PB Fintech:* Net profit at ₹37.2 cr vs loss of ₹87.6 cr, Revenue up 42.7% at ₹870.9 cr vs ₹610.1 cr (YoY) (Positive)

*Kaynes tech:* Net Profit at Rs 45.2 cr vs Rs 32.3 cr, Revenue at Rs 509 cr vs Rs 361 cr (QoQ) (Positive)

*JBM Auto:* Net Profit at Rs 48.7 cr vs Rs 34.3 cr, Revenue at Rs 1346 cr vs Rs 953 cr (YoY) (Positive)

*Star Health:* Net Profit at Rs 290 cr vs Rs 210 cr, Revenue at Rs 3152 cr vs Rs 2943 cr (YoY) (Positive)

*ZF CVCS:* Net Profit at Rs 101.0 cr vs Rs 85.0 cr, Revenue at Rs 899.0 cr vs Rs 876.0 cr (YoY) (Positive)

*Piramal Pharma:* Net Profit at Rs 10.1 cr vs loss Rs 90 cr, Revenue at Rs 1959 cr vs Rs 1716 cr (YoY) (Positive)

*Shyam Metaliks:* Net Profit at Rs 127 cr vs Rs 67 cr, Revenue at Rs 3315 cr vs Rs 2922 cr (YoY) (Positive)

*Blue Star:* Net Profit at Rs 100.5 cr vs Rs 58.0 cr, Revenue at Rs 2241 cr vs Rs 1794 cr (YoY) (Positive)

*KEC Int:* Net Profit at Rs 97 cr vs Rs 17.6 cr, Revenue at Rs 5007 cr vs Rs 4374 cr (YoY) (Positive)

*Shriram Pistons:* Net Profit at Rs 108 cr vs Rs 75.0 cr, Revenue at Rs 765 cr vs Rs 636 cr (YoY) (Positive)

*Akshar Chem:* Net Profit at Rs 0.8 cr vs loss Rs 1.4 cr, Revenue at Rs 75 cr vs Rs 65 cr (YoY) (Positive)

*TCS:* Company expands its partnership with Aviva with a new 15-year agreement in the UK. (Positive)

*KPI Green Energy:* Company gets new domestic order of 5 MW solar plant under CPP segment. (Positive)

*Glenmark Pharma:* Company collaborates with biotech subsidiary Ichnos Sciences to accelerate new drug discovery in cancer treatment. (Positive)

*Olectra Greentech:* Company is targeting approximately 165% compound annual growth rate over FY25-28 (Positive)

*Bright Outdoor:* Company has launched two new Digital LED Hoardings in partnership with strategic allies. (Positive)

*Paras Defence:* Company has signed a Licensing Agreement with IRDE, DRDO for the Remote Control Border Defence System (Positive)

*Capital Goods companies:* India's construction equipment industry has witnessed 30% rise in sales to 36,055 units in third quarter of current fiscal, says report. (Positive)

*NTPC:* NTPC Green Energy signs MoU with Maharashtra government for investing up to Rs 80,000 crore in 5 years. (Positive)

*Larsen:* Net Profit at Rs 2947 crore versus poll of Rs 3309 crore, Revenue at Rs 55128 crore versus poll of Rs 53516 crore (Neutral)

*Dr Reddy:* Net Profit at Rs 1381 crore versus poll of Rs 1294 crore, Revenue at Rs 7237 crore versus poll of Rs 6904 crore (Neutral)

*M&M Fin:* Net profit at ₹553 cr vs poll of ₹538.5 cr, NII at ₹1815 cr vs poll of ₹1710 cr. (Neutral)

*Teamlease:* Net Profit at Rs 30.0 cr vs Rs 31.0 cr, Revenue at Rs 2445 cr vs Rs 2005 cr (YoY). (Neutral)

*VIP Ind:* Net Profit at Rs 7.0 cr vs Rs 44.0 cr, Revenue at Rs 546 cr vs Rs 526 cr (YoY). (Neutral)

*Astral:* Net Profit at Rs 163 cr vs Rs 140 cr, Revenue at Rs 1370 cr vs Rs 1268 cr (YoY) (Neutral)

*Vodafone:* Net loss at Rs 6986 cr vs poll of Rs 7614 cr, Revenue at Rs 10673 cr vs Rs 11016 cr (YoY) (Neutral)

*Jash Engineering:* Company to launch ₹500cr QIP soon: Media sources (Neutral)

*Zee Ent:* Company issues clarification on media report on SEBI scrutiny over Subhash Chandra’s statement. (Neutral)

*UTIAMC:* Company approves reappointment of Imtaiyazur Rahman as MD and CEO for 2 years effective June 13. (Neutral)

*Larsen:* Company's public capex spending might witness a temporary slowdown due to upcoming general elections.

*Johnson Control:* Cons net loss of Rs 27.2 cr versus profit Rs 26.2 crore; revenue declines 42% to Rs 299.5 crore

*Coromandel:* Net Profit at Rs 231 cr vs Rs 527 cr, Revenue at Rs 5456 cr vs Rs 8310 cr (YoY)

*SRF:* Net Profit at Rs 253 cr vs Rs 510 cr, Revenue at Rs 3053 cr vs Rs 3470 cr (YoY)

*Jubilant IngrevIa:* Net Profit at Rs 39 cr vs Rs 57 cr, Revenue at Rs 960 cr vs Rs 1020 cr (YoY)

*SIS:* Net Profit at Rs 36.9 cr vs Rs 103 cr, Revenue at Rs 3073 cr vs Rs 2904 cr (YoY)

*Voltas:* Net loss at Rs 30.0 cr vs poll Rs 69.0 cr profit, Revenue at Rs 2626 cr vs Rs 2006 cr (YoY)

News Headlines from Business News Agencies:

T.me/AlliesFin

*Business Standard*

📝 Bajaj Finserv Q3 results: Net profit increases by 22% to Rs 2,158 crore
📝 Steel imports hit five-year high in April-December amid soaring demand
📝 Zee-Sony merger: NCLT issues notice to Sony to file reply in three weeks
📝 TCS bags 15-year deal from UK-headquartered insurance company Aviva
📝 Tax-GDP ratio likely to be highest or second best in FY24 since 2008-09
📝 AI adoption in healthcare to create almost 3 mn jobs by 2028: Report
📝 Petronet LNG Q3FY24 results: Net profit rises 1.2% to Rs 1,191 crore
📝 AU SFB appoints former RBI deputy guv HR Khan as non-executive chairman
📝 CIEL Group plans IPO by Q3FY25, aims to raise nearly Rs 500 crore
📝 Bajaj Finserv arm acquires 100% stake in Vidal Healthcare Services
📝 Govt could make critical sectors use Indian cybersecurity products: Report
📝 Private banks' net profit grows 23.8% in Q3 FY24, moderates sequentially

*Economic Times*

📝 PB Fintech Q3 Results: Policybazaar parent posts Rs 38-crore PAT vs loss a year ago
📝 JSW Paints revenue hits Rs 1,500 crore in April-December; set to become profitable in FY24
📝 TruCap Finance secures Rs 40 crore by allotting NCDs to responsAbility AG
📝 TVS Industrial and Logistical Parks inks pact with Goa-IPB to set up warehousing park
📝 Servotech Power Systems, BPCL to set up 1,800 EV charging stations pan India
📝 Macrotech Developers aims to generate surplus cash in Q4, reduce debt by 11pc: MD Abhishek Lodha
📝 Sterlite Power secures orders worth Rs 1,400 crore in Oct-Dec qtr
📝 India on track to export record-low diesel to Europe in Jan as Red Sea risks weigh
📝 India seeks investment commitment from Switzerland under proposed EFTA trade pact: Official
📝 Arvind Q3 Results: Firm posts lower revenue for 5th quarter on tepid denim demand
📝 BPCL vows up to Rs 1.7 lakh crore capex investment in 5 years

*Mint*

📝 Dr Reddy's Q3 Results: Net profit rises 10.6% to ₹1,379 crore, revenue up 6.6%
📝 Zydus Lifesciences Launches Rexigo™️, the Oral Once-a-Day Pill for Advanced Prost
📝 China's Evergrande liquidation expected to yield minimal returns for creditors
📝 Toyota halts Innova Crysta, Fortuner, Hilux dispatch over diesel engine issues
📝 Adani Total Gas Q3 results: Net profit up 18% YoY, EBITDA rises 26%
📝 Govt firms experiencing falling returns despite a surge in spending
📝 UP’s lower tax on jet fuel to give a boost to Delhi-NCR’s second airport
📝 SRF Q3 earnings: PAT at ₹ 253 crore, down 50.4%
📝 Coromandel Intl Q3 earnings: PAT at ₹ 231 crore, down 56.2%
📝 BEL bags order worth Rs 847 Cr from Ministry of Finance
📝 Balrampur Chini gets assessment order of ₹50.6 cr from Income Tax Department.

@AlliesFin
31/1/2024
BSE:+612(71752)
NSE:+203(21725)
MID:+598(38774)
SML:+821(45722)
FII|FPI:+1660Cr
DII:+2542Cr
B.Crude: 81
Gold$:2038=INR: 62790
Silver: 72250
$/Rs: 83.04
7.18 : 2033 G-Sec: 7.14
NSE PE: 22.46
T.me/AlliesFin

@AlliesFin

GST Data Live: GST collection up 10.4% YoY
India’s January GST collections of Rs 1.72 lakh crore up 10.4% YoY and 4.4% month-on-month

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 31-01-2024 :

T.me/AlliesFin

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

*TOTAL NET SELL : -58703* 😭😭

*INDEX FUT. : +801*

*INDEX OPT. : -62503*

*STOCK FUT. : +3735*

*STOCK OPT. : -738*

*SEC. IN F&O BAN FOR 01.02.2024 :*

*1. ZEEL LTD 2. SAIL*

*ADDITION : SAIL*
*DELETION : NIL*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 31-JAN-2024 :*

*FIIS : BUY +1,661 (26,054-24,393)* 😃

*DIIS : BUY +2,543 (15,597-13,054)* 😃

*BSE SENSEX : +612 (71,752)🔼*

*NSE NIFTY : +204 (21,726)🔼*

*BSE MIDCAP. : +599 (38,774)*🔼

*BSE SMLCAP. : +821 (45,722)*🔼

*B. CRUDE : $ 81.74* 🔽 🙂

*GOLD: $ 2,052=INR 62,680(10gr)*↔️😳

*SILVER : RS. 76,800 (kg)(5pm)*↔️😳

*FOREX : RS. $ 83.04 🔼 🙂*

*7.18% GOI '33: 7.1442%(100.24)🔽🙂*

*7.18% GOI '37: 7.2314% (99.56)🔽🙂*

Date : 01-02-2024
Today's Headlines from :

*Economic Times*

📝 Fed holds key rate steady for fourth straight meet

📝 Brookfield looking to sell 1.6 GW clean energy India assets

📝 Vedanta seeks buyers for natural gas from Barmer field

📝 India’s gold consumption in 2023 dropped by 3%: WGC

📝 Dixon Technologies Q3 Results: Net profit soars 86% YoY to Rs 97 crore

📝 Max Healthcare Q3 Results: Net profit zooms 26% YoY to Rs 338 crore

📝 GST collections surge to ₹1.72 lakh crore in January 2024, marking a 10.4% Y-o-Y growth

📝 Retail inflation for industrial workers eases marginally to 4.91 pc in December

📝 Core sector growth eases to 14-month low of 3.8% in December

📝 Saudi economy shrinks by 3.7% in Q4 on lower oil revenue

📝 Maruti Suzuki Q3 Results: PAT jumps 33% YoY to Rs 3,207 cr; revenue up 15%

*Business Standard*

📝 RBI bars Paytm Payments Bank from carrying out transactions starting Feb 29

📝 Ambuja Cements Q3 results: Consolidated net profit up 89.5% at Rs 823 cr

📝 Walmart-owned Flipkart to roll out same-day delivery across India

📝 NTPC to bid for stressed KSK Mahanadi thermal power project in Chhattisgarh

📝 Sun Pharma Q3 results: Net profit up 16.5% at Rs 2,524 cr on US, India biz

📝 BoB Q3 results: PAT up 19% at Rs 4,579 cr; to raise upto Rs 2,500 cr in Q4

📝 Tata Capital Housing Finance to raise Rs 8k cr; board to discuss on Feb 5

📝 Burmans raise stake to 25% in Religare to acquire financial services firm

📝 Glenmark, Pfizer launch Abrocitinib in India for Atopic Dermatitis

📝 Dabur to invest Rs 135 cr for new manufacturing facility in south India

📝 At Rs 9.82 trillion, April-Dec fiscal deficit 55% of govt's annual target

📝 EPFO releases guidelines for EPS members having multiple accounts

📝 China's factory activity shrinks again in January, demand still weak

📝 RBI's digital payments index jumps to 418.77 in Sept from 395.57 in Mar

📝 Overseas funds pullout exceeds $3 bn in Jan amid geopolitical uncertainty

*Financial Express*

📝 Godrej Consumer Products Q3 Results: Profit up 6.4% at Rs 581.06 crore, revenue at Rs 3,659.64 crore

📝 Domino’s India operator Jubilant Foodworks’ Q3 profit dips 18.2% to Rs 65.71 crore, revenue rises 3.5% on-year

📝 Kalyan Jewellers Q3 profit rises by 21.5% to Rs 180.61 crore, revenue up 34.5% on-year

📝 Govt targets 10% rise in maize output in 2025-26

📝 Export of petroleum products falls to 15-month low in Jan

📝 ISMA projects 10 per cent decline in sugar output in 2023-24

📝 Rupee closes stronger, outperforms major Asian peers in January

*Mint*

📝 Heavy downpour disrupts life in Delhi; adds to winter woes

📝 Tata Steel to consider additional investment in UK plant

📝 Wistron to invest ₹1,500 cr to set up laptop manufacturing unit near Bengaluru

📝 Apple tops India smartphone revenue in 2023, nears $10 bn mark

📝 Piramal Pharma revenue up 14% at ₹1,959 crore in Q3

📝 Suzlon Energy Q3 FY24 results: Net profit improves 160% YoY to ₹203 crore

📝 KP Green Engineering files IPO papers with SEBI, to list with BSE SME

📝 Import duty on mobile phone components cut to 10% from 15%.

*Q3FY24 EARNING CALENDAR 01.02.2024*

AAVAS, *ABBOTINDIA*, ABCAPITAL, *ADANIENT*, *ADANIPORTS*, AETHER, APTUS, BATAINDIA, *BAYERCROP*, CASTROLIND, CUB, DEEPAKFERT, ECLERX, FIVESTAR, GMMPFAUDLR, GODREJAGRO, GOKEX, GOODLUCK, *INDHOTEL*, INDIACEM, JWL, *LALPATHLAB, MINDACORP, *MPHASIS*, ORIENTELEC, PRAJIND, PRICOLLTD, PRSMJOHNSN, RAYMOND, *RITES*, ROLEXRINGS, *SONATSOFTW*, STERTOOLS, SUMICHEM, *TEXRAIL*, THYROCARE, TIINDIA, *TITAN*, *VGUARD*, VSTTILLERS, WELENT


*ABBOTINDIA*
• Revenue expected at Rs 1503 crore versus Rs 1326 crore
• EBITDA expected to be seen at Rs 364 crore versus Rs 316 crore
• EBITDA margin expected to be seen at 24.2% versus 23.8%
• Net profit expected to be seen at Rs 303 crore versus of Rs 246 crore

*ADANIENT*
• Revenue expected at Rs 23,925 crore versus Rs 26,612 crore
• EBITDA expected to be seen at Rs 2673 crore versus Rs 1629 crore
• EBITDA margin expected to be seen at 11.1% versus 6.12%
• Net profit expected to be seen at Rs 370 crore versus of Rs 820 crore

*ADANIPORTS*
• Revenue expected at Rs 6862 crore versus Rs 4786 crore
• EBITDA expected to be seen at Rs 4087 crore versus Rs 3011 crore
• EBITDA margin expected to be seen at 59.5% versus 62.9%
• Net profit expected to be seen at Rs 2117 crore versus of Rs 1554 crore

*INDIANHOTEL*
• Revenue expected at Rs 1905 crore versus Rs 1659 crore
• EBITDA expected to be seen at Rs 699 crore versus Rs 597 crore
• EBITDA margin expected to be seen at 36.7% versus 35.9%
• Net profit expected to be seen at Rs 445 crore versus of Rs 383 crore

*MPHASIS*
• Revenue expected at Rs 3438 crore versus Rs 3325 crore
• EBIT expected to be seen at Rs 503 crore versus Rs 506 crore
• EBIT margin expected to be seen at 14.6% versus 15.2%
• Net profit expected to be seen at Rs 385 crore versus of Rs 391 crore

*RITES*
• Revenue expected at Rs 660 crore versus Rs 677 crore
• EBITDA expected to be seen at Rs 164 crore versus Rs 193 crore
• EBITDA margin expected to be seen at 24.8% versus 28.5%
• Net profit expected to be seen at Rs 128 crore versus of Rs 147 crore

*SONATASOFTW*
• Revenue expected at Rs 2922 crore versus Rs 1912 crore
• EBITDA expected to be seen at Rs 198 crore versus Rs 164 crore
• EBITDA margin expected to be seen at 6.77% versus 7.29%
• Net profit expected to be seen at Rs 143 crore versus of Rs 129 crore

*TITAN*
• Revenue expected at Rs 13,175 crore versus Rs 10,875 crore
• EBITDA expected to be seen at Rs 1580 crore versus Rs 1330 crore
• EBITDA margin expected to be seen at 12.0% versus 12.2%
• Net profit expected to be seen at Rs 1085 crore versus of Rs 951 crore

*VGUARD*
• Revenue expected at Rs 1127 crore versus Rs 980 crore
• EBITDA expected to be seen at Rs 93 crore versus Rs 65 crore
• EBITDA margin expected to be seen at 8.25% versus 6.71%
• Net profit expected to be seen at Rs 54 crore versus of Rs 39 crore


*Q3FY24 EARNING CALENDAR 02.02.2024*

*ALKYLAMINE*, ANDHRAPAP, AROGRANITE, *BANKINDIA*, BIKAJI, BIRLACABLE, CENTURYPLY, *CENTURYTEX*, CLEDUCATE, DALMIASUG, DELHIVERY, DEVYANI, ENGINERSIN, GAEL, GOODYEAR, HIL, INDIAGLYCO, ISGEC, JSWINFRA, *JUBLPHARMA, *INDIGO*, *LICHSGFIN*, MAHLIFE, MEDPLUS, *METROPOLIS*, MHRIL, *MOIL*, NIITLTD, PANAMAPET, RATEGAIN, SIGNATURE, SUNDRMFAST, *TATAMOTORS*, TITAGARH, *TORNTPHARM*, TTKHLTCARE, *UJJIVAN, *UPL*, WHIRLPOOL

GIFT Nifty +30 pts (21816) from last trade 21786 ,

Nikkei -199 pts ,
Hangseng +38 pts ,


Dow -317.01 pts ,Nsdq -345.88 pts, S&P
-79.32 pts , Bovespa +350 pts , Ftse -35 pts , Dax -68 pts , Cac -20 pts , Nikkei -222 Pts now ,Crude @ $75.96 brl (+0.11), Brent @ $81.71 brl (-1.16) , Gold @ 2057.80 (+0.00), Silver $23.03 (-0.13), Euro @ $1.0807, JPY @ $146.85, INR @ 83.075

*Today's Corporate Action*
*1st Feb Ex Date*
BIGBLOC
Interim Dividend - Rs. - 0.2000
CESC
Interim Dividend - Rs. - 4.5000
HARSHILAGR
E.G.M.     
HAVELLS
Interim Dividend - Rs. - 3.0000
PURVA
Interim Dividend - Rs. - 6.3000
REGENCY
E.G.M.     
ROUTE
Interim Dividend - Rs. - 3.0000
SALASAR
Bonus issue 4:1  
TIPSINDLTD
Interim Dividend - Rs. - 3.0000
WENDT
Interim Dividend - Rs. - 30.0000

*Today's Key Results/Board Meetings*
*01-Feb-24*
Titan Company, Adani Enterprises, Adani Ports and Special Economic Zone, AAVAS Financiers, Abbott India, Aditya Birla Capital, Bata India, City Union Bank, Deepak Fertilisers, eClerx Services, Indian Hotels Company, India Cements and Dr Lal PathLabs will be in focus ahead of quarterly earnings on February 1.

*Stock under F&O ban on NSE 01-Feb-24*
1 SAIL
2 ZEEL

*🇮🇳India Daybook – Stocks in News*


*Thomas Cook:* Net Profit at Rs 82.4 cr vs Rs 18.5 cr, Revenue at Rs 1893 cr vs Rs 1536 cr (YoY) (Positive)

*Ratnaveer:* Net Profit at Rs 9.3 cr vs Rs 3.5 cr, Revenue at Rs 190 cr vs Rs 107 cr (YoY) (Positive)

*Udaipur Cement:* Net Profit at Rs 25.3 cr vs Rs 3.2 cr, Revenue at Rs 299 cr vs Rs 238 cr (QoQ) (Positive)

*JSPL:* Net profit at ₹1,928 cr vs poll of ₹945 cr, Revenue at Rs 11701 cr vs Rs 12178 cr (YoY) (Positive)

*Godrej CP:* Net profit at ₹581.0 cr vs poll of ₹565 cr, Revenue at Rs 3660 cr vs Rs 3599 cr (YoY) (Positive)

*Shree Cem:* Net Profit at Rs 734.0 cr vs Rs 277.0 cr, Revenue at Rs 4900.0 cr vs Rs 4069.0 cr (YoY) (Positive)

*IRB Infra:* Net Profit at Rs 187 cr vs Rs 141 cr, Revenue at Rs 1968 cr vs Rs 1514 cr (YoY) (Positive)

*Swan Energy:* Net Profit at Rs 220 cr vs Rs 165 cr, Revenue at Rs 1591 cr vs Rs 1222 cr (QoQ) (Positive)

*Uttam Sugar:* Net Profit at Rs 47.5 cr vs Rs 26.1 cr, Revenue at Rs 517 cr vs Rs 472 cr (YoY) (Positive)

*Ajanta Pharma:* Net Profit at Rs 210 cr vs Rs 135 cr, Revenue at Rs 1105 cr vs Rs 972 cr (YoY) (Positive)

*Relaxo:* Net Profit at Rs 38.6 cr vs Rs 30.1 cr, Revenue at Rs 713 cr vs Rs 681 cr (YoY) (Positive)

*Heldelberg:* Net Profit at Rs 31.4 cr vs Rs 5.6 cr, Revenue at Rs 607 cr vs Rs 540 cr (YoY) (Positive)

*Data Patterns:* Net Profit at Rs 51 cr vs Rs 33 cr, Revenue at Rs 139 cr vs Rs 111 cr (YoY) (Positive)

*Mankind Pharma:* Net Profit at Rs 607 cr vs Rs 437.0 cr, Revenue at Rs 2607 cr vs Rs 2091 cr (YoY) (Positive)

*Paras Defence:* Company gets optical periscopes contract from Defence Ministry; to complete delivery by FY25 (Positive)

*Kaynes tech:* Nanotech company DigiLens announces partnership with company for scaling waveguide manufacturing. (Positive)

*Cochin Shipyard:* Company has secured an international order worth of Rs 500 crore for a hybrid Service Operation Vessel (SOV) from a European client. (Positive)

*Havells India:* Company introduced the first made in India energy-efficient Heat Pump Water Heater, providing up to 75% energy savings. (Positive)

*Ambuja Cem:* Company is aiming to double its capacity and achieve an EBITDA per ton of Rs. 1450+. (Positive)

*Infosys:* Company partneed with Musgrave, Ireland's top food retail company, to lead cognitive first IT transformation. (Positive)

*Vikas Lifecare:* Company expands with the incorporation of Vikas Lifecare LLC in Dubai, UAE. (Positive)

*Borosil:* Company has commissioned a new borosilicate glass furnace in Jaipur, Rajasthan, with a production capacity of 25 tonnes per day. (Positive)

*Olectra Greentech:* Company has a Net order book of electric buses stands at 8,088 striving to meet the target of delivering 650 electric buses for the year. (Positive)

*Gujarat Gas:* Company signs MoU with HPCL for liquid fuels & CNG facilities (Positive)

*Aviation Companies:* Jet Fuel (ATF) price cut to ₹1.00 lk/kL from ₹1.01 lk/kL in Delhi (Positive)

*Glenmark Pharmaceuticals:* Company and Pfizer join forces to introduce Abrocitinib in India (Positive)

*Deepak Nitrite:* Company has signed a Memorandum of Understanding with the Government of Gujarat to invest around 9,000 Crores in establishing projects at Dahej, Gujarat (Positive)

*DCAL:* Company has been awarded the "Attestation of Inspection" by the European Directorate for the Quality of Medicines & HealthCare (Positive)

*Balaji Amines:* Net Profit at Rs 55.6 cr vs Rs 83.7 cr, Revenue at Rs 383 cr vs Rs 586 cr (YoY). (Neutral)

*Kamat Hotels:* Net Profit at Rs 43 cr vs Rs 35 cr, Revenue at Rs 86 cr vs Rs 84 cr (YoY). (Neutral)

*DCM Shriram:* Net Profit at Rs 240.0 cr vs Rs 342.0 cr, Revenue at Rs 3125 cr vs Rs 3354 cr (YoY). (Neutral)

*Amara Raja:* Net Profit at Rs 255 cr vs Rs 222 cr, Revenue at Rs 3044 cr vs Rs 2638 cr (YoY) (Neutral)

*Nilkamal:* Net Profit at Rs 29.4 cr vs Rs 33.2 cr, Revenue at Rs 803 cr vs Rs 754 cr (YoY) (Neutral)

*Lux Ind:* Net Profit at Rs 20.2 cr vs Rs 18.1 cr, Revenue at Rs 447 cr vs Rs 459 cr (YoY) (Neutral)

*GMR Airports:* Net loss at Rs 317 cr vs profit of Rs 191 cr, Revenue at Rs 2227 cr vs Rs 1761 cr (YoY) (Neutral)

*Nestle:* Varun Sethuraman to succeed Gopichandar Jagatheesa as BEO of Cereals Business (Neutral)

*PCBL:* Company has acquired 212,172 shares of M/s. Aquapharm Chemicals Private Limited, making ACPL a subsidiary of PCBL (Neutral)

*Federal-Mogul Goetze:* Company appoints T Kannan as MD for 3 years effective February 1 (Neutral)

*United Spirits:* Company has announced the closure of its factory operations at the Udaipur, Rajasthan manufacturing unit. (Neutral)

*Triveni:* Company has announced the acquisition of up to 26% of Sir Shadi Lal Enterprises Ltd.'s voting share capital at a price of INR 262.15 per share. (Neutral)

*Ultratech:* Moody's affirms UltraTech Cement's Baa3 ratings; outlook stable. (Neutral)

*Indus Towers:* KKR, CPP Likely to Sell Shares in Indus Towers via Block Deal, sources to CNBC. (Neutral)

*Bajaj Finance:* Rakesh Bhatt resigns as executive director of the company w.e.f. January 31, 2024 (Neutral)

*PayTM:* Payments Bank barred from accepting deposits post-Feb 29 due to non-compliances.

*Westlife:* Net Profit at Rs 17.2 cr versus profit Rs 36.4 crore; revenue declines 2% to Rs 600.0 crore

8 new Indian companies have entered the 'Global 500' list based on market capitalization in the last one year. T.me/AlliesFin

New Entrants:

1. L&T 286
2. HCL Tech 347
3. Titan 447
4. Sun Pharma 455
5. Axis Bank 474
6. ONGC 489
7. NTPC 497
8. Maruti Suzuki 500

Top 5 ✨
1. RIL 46
2. TCS 73
3. HDFC Bank 100
4. ICICI Bank 177
5. Infosys 182
Source: Bloomberg
31-01-2024

The last nine years has seen India witness a sharp pickup in infrastructure.
Now you know why Infra cos are performing.
T.me/AlliesFin

#PAYTM #SLBM
#STOCKLENDING
RS 40 PER SHARE AT #NSE
#ALLIESFIN
*OFFER VALID TILL BUYER

#PMI #JANUARY
HIGHEST IN 4 MONTHS.
T.ME/ALLIESFIN

BUDGET DAY TODAY,
BE STOCK SPECIFIC,
STAY LIGHT,
PROFIT BOOKING, SECTOR ROTATION PART OF JOURNEY.
VOLATILITY IS THE KEY TO RIDE THE SUCCESS...

MAJORITY OF PEOPLE KNOW WHAT AND WHEN TO BUY BUT VERY FEW KNOW WHEN TO EXIT OR SELL OR RIDE WITH SL, POSITIONS SIZING, RISK N MONEY MANAGEMENT ETC.

LEARN EARN GROW EVOLVE...

IN STOCK MARKET,
KNOW YOUR PURPOSE,
LEARN MARKET WITH
AAPKA SAARTHi AXiT 😊

@AlliesFin

Key Interim Budget Announcements - 2024

PART A
➡️ New solar power schemes launched by PM Modi recently would lead to saving of INR15,000-18,000 per households annually who install roof top solar panels. 1cr households will be enabled to get 300units per month fully free.
➡️ PM Awas Yojana Grameen: Close to achieving target of 3 cr homes; 2 cr more homes planned due to growing need.
➡️ Ayushmaan Bharat to cover all worker under ASHA and Anganwadi scheme.
➡️ Government to launch a scheme to help deserving sections of the middle class living in rented houses or slums or chawls and unathorised colonies to buy or build their own houses - Likely positive for Steel, Cement and Building material.
➡️ Corpus of 1 lakh crore to be established with 50 year interest free loans for sunrise domains.
➡️ Railway corridor-port connectivity under DFC - More than 2 corridors to be set up. Also, 3 more rail corridors for Energy, cement and mineral to be added, apart from DFC.
➡️ 40,000 rail bogies to be converted to Vande bharat standards.
➡️ The capex target of FY25 has been set at Rs 11.1 lakh crore, up by 11.1%. FY25 capex outlay at 3.4% of GDP.
➡️ Govt plans to set up more medical colleges by using existing hospital infrastructure and a committee for this will be set up to examine and make necessary recommendation.
➡️ Tourist centre developement - states to be encouraged to take up development of tourist centres- long term interest free loans to provided for states
➡️ More metro trains & namo bharat trains to be expanded to more cities.
➡️ Revised estimate of fiscal deficit is 5.8% of GDP. FY25 BUDGET-DEFICIT TARGET AT 5.1% OF GDP
➡️ INDIA SETS FY25 GROSS MARKET BORROWING INR14.13T, NET INR11.75T.

PART B
➡️ No changes in direct and indirect tax rates.
➡️ To Extend Tax Benefits For Start-Ups To March 31, 2025

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1/2/2024 @AlliesFin
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