BREAKING: Bitcoin's market cap is now at a record $1.7 TRILLION, adding $1 trillion of market cap over the last 12 months.

This makes #Bitcoin larger than all but 6 public companies in the world.

FUN FACT 🚨: Dogecoin $DOGE now has a market cap of $53 Billion, more than 303 companies in the S&P 500

@AlliesFin
In the Month of Oct’24 industry received
* Highest equity net sales: ₹ 59,362 crore

* Highest net sales in Oct’24 (Since Mar- 20) in the following 3 categories Gold ETFs : ₹1,961 crore

* Large Cap Funds: ₹3,452 cr
* Mid-Cap Funds: ₹4,683 cr

# Highest Monthly SIP Inflows ₹ 25,323 crore

#SIP Accounts: 10.12 crore

#The assets under management (AUM) of the industry rose by 0.2% sequentially and 21.7% on a three year period to ₹ 67.26 lakh crore in October 2024.

#Equity Gross Sales in Oct’ 24: ₹1,02,983 cr

#FYTD Gross Sales in equity : ₹6,89,535 cr (66% of which is Lumpsum, Ex NFO)

# Equity Net Sales in Oct” 24 ₹ 59,362 crore vs ₹ 49,766 crore in September

# Average monthly net inflows in the last 12 months is ₹ 40,880 crore

# Small cap funds received ₹3,772 crore vs ₹3,071 crore last month

# Sectoral funds saw a slight dip, receiving ₹12,279 cr in Oct’24 vs ₹13,255 crore in Sep’24

# Inflows in Other ETFs were at ₹13,442 crore as compared to ₹381 crore in Sep’24.

# Liquid Funds made a rebound in Oct’24 receiving net inflows of ₹1,09,647 crore vs net outflows of ₹92,029 crore in Sep’24.

# In this financial year across all categories total 124 NFOs were launched mobilising Rs 77,932 cr

For updates
t.me/AlliesFin

😊

NIFTY NEAR LONG TERM SUPPORT 23500 +/- 200 POINTS, CAN WATCH FOR WEEKLY CLOSING LEVELS.

Document from Axit D Shah

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON 13-11-2024 :

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

*TOTAL NET BUY : +36966* 😃😃

*INDEX FUT. : -1886*

*INDEX OPT. : +37331*

*STOCK FUT. : +2455*

*STOCK OPT. : -934*

*SEC. IN F&O BAN FOR 14.11.2024 :*

*1. AARTIIND 2. ABFRL 3. GNFC 4. GRANULES 5. HINDCOPPER*

*ADDITION : GNFC*
*DELETION : MANAPPURAM*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 13-11-2024 :*

*FIIS : SELL -2,502 (15,178-17,680)* 😥

*DIIS : BUY +6,145 (14,095-7,950)* 😃

*BSE SENSEX : -984 (77,691)🔽*

*NSE NIFTY : -324 (23,559)🔽*

*BSE MIDCAP. : -1160 (44,108)*🔽

*BSE SMLCAP. : -1651 (51,953)*🔽

*B. CRUDE : $ 70.98 🔽😊*

*GOLD:$ 2,600=INR 76,510 (10gr)*↔️😳

*SILVER : RS. 89,000 (kg)*🔽😭

*FOREX : RS. $ 84.38 🔼 🙂*

*6.79% NEW '34: 6.8031%(99.8975)🔼☺️*

*7.10% GOI '34: 6.8374% (101.79)🔼☺️*

*7.23% GOI '39: 6.8823% (103.14)🔼☺️*

Mkt. Updates :

GIFT Nifty -60 pts (23637) from last trade 23697 ,

Nikkei +207 pts ,
Hangseng -197 pts ,


Dow +47.21 pts ,Nsdq -50.68 pts, S&P
+1.39 pts , Bovespa +1 pts , Ftse +4 pts , Dax -30 pts , Cac -10 pts , Crude @ $68.11 brl (-0.32), Brent @ $72.03 brl (+0.14) , Gold @ 2584.80 (-1.70), Silver $30.435 (-0.00), Euro @ $1.0562, JPY @ $155.44, INR @ 84.415


US GOVT. 10-YR YIELD : 4.47%


Today's Corporate Action, 14 Nov Ex Date :

APTUS
Interim Dividend - Rs. - 2.0000
ARE&M
Interim Dividend - Rs. - 5.3000
ASTRAL
Interim Dividend - Rs. - 1.5000
CARNATIN
Resolution Plan -Suspension 
CONCOR
Interim Dividend - Rs. - 3.2500
CONTILI
Stock  Split From Rs.10/- to Rs.2/-
GCSL
Interim Dividend - Rs. - 0.3000
IMFA
Interim Dividend - Rs. - 10.0000
IRCTC
Interim Dividend - Rs. - 4.0000
JOSTS
Stock  Split From Rs.2/- to Rs.1/-
JTLIND
Stock  Split From Rs.2/- to Rs.1/-
KPEL
Interim Dividend - Rs. - 0.2000
KPGEL
Interim Dividend - Rs. - 0.2000
KPIGREEN
Interim Dividend - Rs. - 0.2000
OIL
Interim Dividend - Rs. - 3.0000
PAGEIND
Interim Dividend - Rs. - 250.0000
POWERGRID
Interim Dividend - Rs. - 4.5000
PRADHIN
Right Issue of Equity Shares 
QGO
Interim Dividend - Rs. - 0.1500
RITES
Interim Dividend - Rs. - 1.7500
VEDANTASSET
E.G.M.     
VIVIDHA
E.G.M.     
WORTH
Bonus issue 3:2  


Today's Key Results/Board Meetings, 14-Nov-24 :

Hero MotoCorp, Grasim Industries, Brainbees Solutions Firstcry, Honasa Consumer Mamaearth, Glenmark Pharmaceuticals, Ipca Laboratories, Bajaj Healthcare, Bharat Dynamics, Hindustan Aeronautics, Bharat Forge, Muthoot Finance, Ahluwalia Contracts, Anupam Rasayan India, Balaji Amines, Crompton Greaves Consumer Electricals, Delhivery, Easy Trip Planners, GVK Power & Infrastructure, ITI, Jyoti CNC Automation, Lemon Tree Hotels, Medi Assist Healthcare Services, Nazara Technologies, and Sobha will announce their September quarter earnings on November 14.


SEC. IN F&O BAN FOR 14.11.2024 :

1. AARTIIND 2. ABFRL 3. GNFC 4. GRANULES 5. HINDCOPPER

ADDITION : GNFC
DELETION : MANAPPURAM


Today's Alert :

RBI to Conduct Auction of GOI BONDS for INR 370 BILLION

🇮🇳India Daybook Stocks in News..


Tantia constructions: Company is lowest bidder for order worth Rs 1.51 billion. (Positive)

Tata Power: Renewable energy unit commissions 126 MW floating solar project in Madhya Pradesh. (Positive)

*India Glycols:*Company forays into premium alcoholic beverages market in India, partners with Amrut distilleries to make, sell select Amrut brands (Positive)

PNB Housing Finance: Morgan Stanley Buys 1.4 Cr Shares at an Average price of ₹939.3/Sh valued at ₹1,336 Cr (Positive)

WIPRO: Sipchem, Company collaborate for major SAP S/4HANA implementation (Positive)

Godrej Industries: Net profit at Rs 288 cr vs Rs 87 cr, Revenue at Rs 4805 cr vs Rs 3938 cr (YoY) (Positive)

Refex Ind: Net profit at Rs 37.3 cr vs Rs 23.4 cr, Revenue at Rs 520 cr vs Rs 350 cr (YoY) (Positive)

ISGEC Heavy Engineering Ltd: Net profit at Rs 95.7 cr vs Rs 63.7 cr, Revenue at Rs 1643.9 cr vs Rs 1473.1 cr (YoY) (Positive)

VRL Logistics: Net profit at Rs 35.8 cr vs Rs 19.7 cr, Revenue at Rs 800 cr vs Rs 709 cr (YoY) (Positive)

Dilip Buildcon: Net profit at Rs 265.8 cr vs Rs 68.6 cr, Revenue at Rs 2461 cr vs Rs 2850 cr (YoY) (Positive)

Patel Engineering: Net profit at Rs 73 cr vs Rs 38 cr, Revenue at Rs 1174 cr vs Rs 1021 cr (YoY) (Positive)

Oriana Power: Net profit at Rs 48.6 cr vs Rs 5.7 cr, Revenue at Rs 359 cr vs Rs 64 cr (YoY) (Positive)

Gil landers: Net profit at Rs 21 cr vs Rs 3.6 cr, Revenue at Rs 127 cr vs Rs 106 cr (YoY) (Positive)

Modison Ltd: Net profit at Rs 8.18 cr vs Rs 5.60 cr, Revenue at Rs 122.48 cr vs Rs 97.15 cr (YoY) (Positive)

Thermax: Net profit at Rs 198 cr vs Rs 159 cr, Revenue at Rs 2612 cr vs Rs 2302 cr (YoY) (Positive)

Zaggle Prepaid: Net profit at Rs 20.2 cr vs Rs 7.50 cr, Revenue at Rs 302.5 cr vs Rs 184.5 cr (YoY) (Positive)

Shilpa Medicare: Net profit at Rs 17.93 cr vs Rs 1.61 cr, Revenue at Rs 343.79 cr vs Rs 312.97 cr (YoY) (Positive)

Panacea Biotec: Net profit at Rs 4.8 cr vs net Loss of Rs 8.3 cr, Revenue at Rs 147 cr vs Rs 143 cr (YoY) (Positive)

Fiem Ind: Net profit at Rs 50.16 cr vs Rs 43.47 cr, Revenue at Rs 612.39 cr vs Rs 509.38 cr (YoY) (Positive)

Nalco: Net profit at Rs 1046 cr vs Rs 588 cr, Revenue at Rs 4001 cr vs Rs 2856 cr (YoY) (Positive)

Foseco: Net profit at Rs 19.1 cr vs Rs 14.7 cr, Revenue at Rs 141 cr vs Rs 123 cr (YoY) (Positive)

Shreyas Shipping: Net profit at Rs 21.28 cr vs Net Loss Rs 35.22 cr, Revenue at Rs 124.72 cr vs Rs 50.33 cr (YoY) (Positive)

GRSE: Net profit at Rs 98 cr vs Rs 81 cr, Revenue at Rs 1153 cr vs Rs 898 cr (YoY) (Positive)

PI Ind: Net profit at Rs 508 cr vs Rs 449 cr, Revenue at Rs 2221 cr vs Rs 2069 cr (QoQ) (Positive)

Banco: Net profit at Rs 139 cr vs Rs 66.1 cr, Revenue at Rs 910 cr vs Rs 728 cr (YoY) (Positive)

Optiemus Infra: Net profit at Rs 13.7 cr vs Rs 5.4 cr, Revenue at Rs 480 cr vs Rs 274 cr (YoY) (Positive)

IZMO Ind: Net profit at Rs 34.4 cr vs Rs 5.5 cr, Revenue at Rs 58.5 cr vs Rs 44.8 cr (YoY) (Positive)

Thomas Cook: Net Profit at Rs 71.9 Cr Vs Rs 51.5 Cr, Revenue at Rs 200.3 Cr Vs Rs 183.0 Cr (YoY) (Positive)

FIEM: Net profit at Rs 33.1 cr vs Rs 21.8 cr, Revenue at Rs 4300 cr vs Rs 4306 cr (YoY) (Positive)

NBCC: Net profit at Rs 125.1 cr vs Rs 81.9 cr, Revenue at Rs 2526 cr vs Rs 2134 cr (YoY) (Positive)

Solar Ind: Net profit at Rs 303.8 cr vs Rs 209.9 cr, Revenue at Rs 1718 cr vs Rs 1347 cr (YoY) (Positive)

Rama Phosphate: Net profit at Rs 5.4 cr vs Rs 0.7 cr, Revenue at Rs 209 cr vs Rs 171 cr (YoY) (Positive)

Dynemic Products: Net profit at Rs 3.9 cr vs loss Rs 3.6 cr, Revenue at Rs 95.6 cr vs Rs 64.7 cr (YoY) (Positive)

Jindal World: Net profit at Rs 17.3 cr vs Rs 12.8 cr, Revenue at Rs 570 cr vs Rs 392 cr (YoY) (Positive)

Goodricke: Net profit at Rs 60 cr vs Rs 33 cr, Revenue at Rs 316 cr vs Rs 241 cr (YoY) (Positive)

Elixir Capital: Net profit at Rs 11.3 cr vs Rs 4.1 cr, Revenue at Rs 18.3 cr vs Rs 5.8 cr (YoY) (Positive)

McLeod: Net profit at Rs 84.5 cr vs Rs 61.1 cr, Revenue at Rs 452 cr vs Rs 365 cr (YoY) (Positive)

Mishra Dhatu: Net profit at Rs 23.5 cr vs Rs 13.8 cr, Revenue at Rs 256 cr vs Rs 223 cr (YoY) (Positive)

MroTek: Net profit at Rs 1.9 cr vs loss Rs 2.9 cr, Revenue at Rs 12.9 cr vs Rs 7.2 cr (YoY) (Positive)

VVIP Infra: Net profit at Rs 27 cr vs Rs 11 cr, Revenue at Rs 170 cr vs Rs 120 cr (YoY) (Positive)

Cosmo: Net profit at Rs 57 cr vs Rs 28.8 cr, Revenue at Rs 758 cr vs Rs 663 cr, (YoY) (Positive)

Fluidomat: Net profit at Rs 6.2 cr vs Rs 3.5 cr, Revenue at Rs 19 cr vs Rs 14 cr (YoY) (Positive)

Jash Eng: Net Profit at Rs 18 cr vs Rs 1.5 cr, Revenue at Rs 348 cr vs Rs 314 cr (Positive)

Lumax Auto: Net Profit at Rs 51.8 cr vs Rs 37.6 cr, Revenue at Rs 842 cr vs Rs 700 cr (Positive)

RCF: Net Profit at Rs 79 cr vs Rs 51 cr, Revenue at Rs 4290 cr vs Rs 4155 cr (Positive)

Systematix: Net Profit at Rs 22.3 cr vs Rs 1.8 cr, Revenue at Rs 57 cr vs Rs 20 cr (Positive)

Eicher Motors: Net profit at Rs 1110 cr vs poll Rs 1115 cr, Revenue at Rs 4263 cr vs Rs 4115 cr (YoY) (Neutral)

Apollo Tyre: Net profit at Rs 297.4 cr vs poll Rs 306 cr, Revenue at Rs 6437 cr vs Rs 6453 cr (YoY) (Neutral)

Yuken India: Net profit at Rs 3.05 cr vs Rs 2.22 cr, Revenue at Rs 98.5 cr vs Rs 86.6 cr (YoY) (Neutral)

Sun Tv: Net profit at Rs 409 cr vs Rs 465 cr, Revenue at Rs 935 cr vs Rs 1048 cr (YoY) (Neutral)

Astrazeneca: Net profit at Rs 38.4 cr vs Rs 52.3 cr, Revenue at Rs 408 cr vs Rs 311 cr (YoY) (Neutral)

Torrent Power: Net profit at Rs 481 cr vs Rs 526 cr, Revenue at Rs 7176 cr vs Rs 6961 cr (YoY) (Neutral)

Precision Camshafts: Net profit at Rs 8.4 cr vs Rs 8.4 cr, Revenue at Rs 220 cr vs Rs 254 cr (YoY) (Neutral)

Agrawal Ind: Net profit at Rs 18.4 cr vs Rs 16.0 cr, Revenue at Rs 325 cr vs Rs 230 cr (YoY) (Neutral)

Infratech: Net profit at Rs 3.9 cr vs Rs 2.5 cr, Revenue at Rs 125 cr vs Rs 120 cr (YoY) (Neutral)

Sandur: Net profit at Rs 32 cr vs Rs 26 cr, Revenue at Rs 260 cr vs Rs 185 cr (YoY) (Neutral)

HEG: Net profit at Rs 82.3 cr vs Rs 96 cr, Revenue at Rs 568 cr vs Rs 614 cr (YoY) (Neutral)

Bajaj Steel: Net profit at Rs 17.6 cr vs Rs 17.5 cr, Revenue at Rs 152 cr vs Rs 153 cr (YoY) (Neutral)

Taparia Tools: Net profit at Rs 30.8 cr vs Rs 23.6 cr, Revenue at Rs 224 cr vs Rs 209 cr (YoY) (Neutral)

KRBL: Net profit at Rs 102.6 cr vs Rs 153.3 cr, Revenue at Rs 1270 cr vs Rs 1214 cr (YoY) (Neutral)

Axis Cades: Net profit at Rs 12.3 cr vs Rs 11.1 cr, Revenue at Rs 260 cr vs Rs 251 cr (YoY) (Neutral)

DDev: Net profit at Rs 44.7 cr vs Rs 42.3 cr, Revenue at Rs 580 cr vs Rs 642 cr (YoY) (Neutral)

Vodafone Idea: Net loss at ₹7,176 cr vs loss of ₹6,432 cr, Revenue at ₹10,932.2 cr vs ₹10,508.3 cr (QoQ) (Neutral)

Electrotherm: Net profit at Rs 58.9 cr vs Rs 67.5 cr, Revenue at Rs 813 cr vs Rs 985 cr (YoY) (Neutral)

Deepak NTR: Net profit at Rs 194 cr vs Rs 210 cr, Revenue at Rs 2030 cr vs Rs 1778 cr (YoY) (Neutral)

Fineotex: Net profit at Rs 32 cr vs Rs 29 cr, Revenue at Rs 146 cr vs Rs 142 cr (YoY) (Neutral)

Astrazeneca: Net profit at Rs 38 cr vs Rs 52 cr, Revenue at Rs 408 cr vs Rs 311 cr (YoY) (Neutral)

Varun Beverages: Company opens QIP, sets floor price at ₹594.56/share. (Neutral)

Tata Communication: Enters into agreement with Transaction Solutions International (India), agreement worth Rs 330 Cr (Neutral)

Dredging Corp: Net Loss at Rs 33.5 cr vs Net Profit Rs 16.8 cr, Revenue at Rs 200 cr vs Rs 198 cr (YoY)

GNFC: Net profit at Rs 105 cr vs Rs 182 cr, Revenue at Rs 1987 cr vs Rs 2080 cr (YoY)

Panacea: Net profit at Rs 1.3 cr vs Rs 3.2 cr, Revenue at Rs 76 cr vs Rs 95 cr (YoY)

Fairchem: Net profit at Rs 4.0 cr vs Rs 10.3 cr, Revenue at Rs 138 cr vs Rs 152 cr (YoY)

Sadhna Nitro: Net profit at Rs 0.3 cr vs Rs 2.6 cr, Revenue at Rs 42.9 cr vs Rs 42 cr (YoY)

Ruby Mills: Net profit at Rs 2.8 cr vs Rs 9.9 cr, Revenue at Rs 51 cr vs Rs 53 cr (YoY)

Brigade: Net profit at Rs 120 cr vs Rs 130 cr, Revenue at Rs 1070 cr vs Rs 1360 cr (YoY)

CIPLA: US FDA issues Form 483 with 8 observations for company’s Virgonagar, Bengaluru-based Manufacturing Unit

🇮🇳India Daybook – Stocks in News


Prestige estates: Prestige Group acquires 22,135 sq. meters of land in Mira bhayandar Municipal Corporation (Positive)

HCL Technologies: Company and Servicenow roll out AI labs, adding to HCL tech’s global network (Positive)

Cyient: Company expands partnership with Allegro Micro Systems for magnetic sensors & power semiconductors for automotive industry (Positive)

Happiest Minds: Company eyes H2 growth driven by $2 million Generative AI investment (Positive)

GAIL: Company signs 10-year agreement with ADNOC gas for delivery of up to 0.52 MMTPA LNG, LNG to be delivered in six cargoes per year, starting in 2026 (Positive)

EaseMyTrip: Company is investing Rs 39.2 Cr in Planet Education for 49% stake and Rs 100 Cr in Jeewani Hospitality for 50%. (Positive)

Man Infraconstruction: MICL group realigns portfolio with strategic focus on Mumbai’s luxury segment, MICL group divested from phase 3 of project near Dahisar (Positive)

East West Freight Carriers: Company has entered in service contract with Erhardt Project Cargo and Logistic Middle East UAE (Positive)

IRB Infrastructure: IRB Infrastructure trust to offer 5 highway assets to IRB Invit fund, proceeds expected to fund new road pipeline of up to Rs 300 billion (Positive)

R.P.P Infra Projects: Company secures order worth Rs. 38.32 crores for road and infrastructure development in Tamil Nadu (Positive)

Nureca: Company signs distribution agreement with Zepto (Positive)

Patel Engineering: Company aims to achieve 20% year-on-year revenue growth from FY26 onwards, says MD Kavita Shirvaikar. (Positive)

Vatech: Company has secured a mega order worth ₹1,000 Cr for a 100 MLD Sea Water Desalination Plant from Indosol Solar Pvt. Ltd. for its Solar PV manufacturing facility in Andhra Pradesh. (Positive)

ACME: Company gets Rs 3,753 cr loan from REC for FDRE projects in Rajasthan and Gujarat (Positive)

Marico: Company says food inflation to moderate in next 2 quarters, expect double-digit revenue growth in H2 (PTI) (Positive)

Hyundai Motor: Company bets on CNG vehicles, sees accelerated demand (PTI) (Positive)

NALCO, Hindalco: Companies to remain in the spotlight as China announced that the export tax rebate for Aluminium and Copper products (Positive)

PTC Industries: Net profit at Rs 17.3 cr vs Rs 8.1 cr, Revenue at Rs 72.4 cr vs Rs 57.5 cr (YoY) (Positive)

EID Parry: Net profit at Rs 592 cr vs Rs 226 cr, Revenue at Rs 9330 cr vs Rs 6747 cr (YoY) (Positive)

Expleo Solutions: Net profit at Rs 35.4 cr vs Rs 20.5 cr, Revenue at Rs 260 cr vs Rs 230 cr (YoY) (Positive)

Glenmark Pharma: Net profit at Rs 350 cr vs Rs 200 cr, Revenue at Rs 3430 cr vs Rs 3210 cr (YoY) (Positive)

Reliance Infra: Net profit at Rs 4080 cr vs Net Loss of Rs 294 cr, Revenue at Rs 7260 cr vs Rs 7150 cr (YoY) (Positive)

Bombay Burmah Trading Corp: Net profit at Rs 250 cr vs Rs 122 cr, Revenue at Rs 4760 cr vs Rs 4500 cr (YoY) (Positive)

Federal Mogul Goetze: Net profit at Rs 38.2 cr vs Rs 32.1 cr, Revenue at Rs 460 cr vs Rs 440 cr (YoY) (Positive)

RMC Switchgear: Net profit at Rs 10.1 cr vs Rs 8.0 cr, Revenue at Rs 123.5 cr vs Rs 103 cr (YoY) (Positive)

SH Kelkar: Net profit at Rs 40 cr vs Rs 29 cr, Revenue at Rs 522 cr vs Rs 412 cr (YoY) (Positive)

AVG Logistics: Net profit at Rs 5.3 cr vs Rs 2.9 cr, Revenue at Rs 138 cr vs Rs 117 cr (YoY) (Positive)

Suraj Estate: Net profit at Rs 31.8 cr vs Rs 17.0 cr, Revenue at Rs 110 cr vs Rs 100 cr (YoY) (Positive)

Alicon: Net profit at Rs 17 cr vs Rs 14.5 cr, Revenue at Rs 463 cr vs Rs 381 cr (YoY) (Positive)

Northern Spirits: Net profit at Rs 12 cr vs Rs 7 cr, Revenue at Rs 947 cr vs Rs 596 cr (YoY) (Positive)

Shiv Texchem: Net profit at Rs 21 cr vs Rs 11 cr, Revenue at Rs 1030 cr vs Rs 612 cr (YoY) (Positive)

Delhivery: Net profit at Rs 10.2 cr vs Net Loss of Rs 103 cr, Revenue at Rs 2190 cr vs Rs 1942 cr (YoY) (Positive)

Sarda Energy: Net profit at Rs 195 cr vs Rs 141 cr, Revenue at Rs 1160 cr vs Rs 1000 cr (YoY) (Positive)

Kernex Microsystems: Net profit at Rs 6.85 cr vs Net Loss of Rs 4.4 cr, Revenue at Rs 41.2 cr vs Rs 1.4 cr (YoY) (Positive)

Avanti Feeds: Net profit at Rs 114 cr vs Rs 74 cr, Revenue at Rs 1355 cr vs Rs 1278 cr (YoY) (Positive)

Jay Shree Tea: Net profit at Rs 36.50 cr vs Rs 11.50 cr, Revenue at Rs 301.35 cr vs Rs 231.31 cr (YoY) (Positive)

Garware Hi-Tech: Net profit at Rs 104.3 cr vs Rs 45.9 cr, Revenue at Rs 621 cr vs Rs 397 cr (YoY) (Positive)

Muthoot Fin: Net profit at Rs 1251.1 cr vs Rs 991 cr, NII at Rs 2518 cr vs Rs 1858 cr (YoY) (Positive)

Crompton Greaves: Net profit at Rs 125 cr vs Rs 97.2 cr, Revenue at Rs 1896 cr vs Rs 1782 cr (YoY) (Positive)

Hero Motocorp: Net Profit at Rs 1204 crore versus poll Rs 1156 crore, Revenues at Rs 10463 crore versus poll Rs 10271 crore (Positive)

Ashapura Mine: Net profit at Rs 44.3 cr vs Rs 59.3 cr, Revenue at Rs 600 cr vs Rs 554 cr (YoY) (Neutral)

Tasty Bite: Net profit at Rs 10.1 cr vs Rs 11.4 cr, Revenue at Rs 156 cr vs Rs 145 cr (YoY) (Neutral)

ITI: Net loss at Rs 70 cr vs Rs 126 cr, Revenue at Rs 1016 cr vs Rs 246 cr (YoY) (Neutral)

GPT Healthcare: Net profit at Rs 105.66 cr vs Rs 107.97 cr, Revenue at Rs 14.82 cr vs Rs 13.50 cr (YoY) (Neutral)

MTNL: Net loss at Rs 890 cr vs Rs 793 cr, Revenue at Rs 160 cr vs Rs 182 cr (YoY) (Neutral)

Monte Carlo: Net profit at Rs 8.01 cr vs Rs 13.4 cr, Revenue at Rs 220 cr vs Rs 212 cr (YoY) (Neutral)

Ahuwalia Contracts: Net profit at Rs 38.36 cr vs Rs 55.30 cr, Revenue at Rs 1010 cr vs Rs 900 cr (YoY) (Neutral)

Swan Energy: Net profit at Rs 1.21 cr vs Rs 0.58 cr, Revenue at Rs 25.5 cr vs Rs 84.5 cr (YoY) (Neutral)

Roto Pumps: Net profit at Rs 11.4 cr vs Rs 12.7 cr, Revenue at Rs 84.6 cr vs Rs 81.4 cr (YoY) (Neutral)

Rama Steel: Net profit at Rs 4.0 cr vs Rs 6.2 cr, Revenue at Rs 260 cr vs Rs 203 cr (YoY) (Neutral)

Amines & Plasticizers: Net profit at Rs 9.78 cr vs Rs 9.08 cr, Revenue at Rs 170 cr vs Rs 157 cr (YoY) (Neutral)

Gufic Bio: Net profit at Rs 21.7 cr vs Rs 23.2 cr, Revenue at Rs 200 cr vs Rs 215 cr (YoY) (Neutral)

GRP: Net profit at Rs 4.8 cr vs Rs 5.0 cr, Revenue at Rs 140 cr vs Rs 120 cr (YoY) (Neutral)

Divgi: Net profit at Rs 7.8 cr vs Rs 10.7 cr, Revenue at Rs 54 cr vs Rs 69 cr (YoY) (Neutral)

Asian Granito: Net profit at Rs 6.5 cr vs Rs 1.3 cr, Revenue at Rs 380 cr vs Rs 400 cr (YoY) (Neutral)

Sobha: Net profit at Rs 26 cr vs Rs 15 cr, Revenue at Rs 934 cr vs Rs 741 cr (YoY) (Neutral)

Shree Tirupati Balajee: Net profit at Rs 7.1 cr vs Rs 9.4 cr, Revenue at Rs 160 cr vs Rs 115 cr (YoY) (Neutral)

Balaji Telefilms: Net profit at Rs 5.65 cr vs Rs 1.18 cr, Revenue at Rs 140 cr vs Rs 200 cr (YoY) (Neutral)

Ultratech Cement: Company to raise funds by issuance of debentures worth up to Rs 30 billion, Company says issuance of debentures on private placement basis (Neutral)

Timken India: Company expect total investment of around Rs 7 billion in new facility at Bharuch, (Neutral)

Reliance Industries: Company and Disney announce completion of transaction to form JV to bring together the most iconic and engaging entertainment brands in India. (Neutral)

Ujjivan Small Finance Bank: Bank’s board approves sale of NPA and written-off loans worth Rs 270 crore (Neutral)

Tata motors: Company expects PV retail sales to sustain momentum in Q3 (PTI) (Neutral)

SBI: Bank raises 1-year MCLR lending rate to 9% from November 15. (Neutral)

Coal India: NCL plans to relocate township in MP having 600 MT of mineable coal underneath (PTI) (Neutral)

Godrej Properties: Company denies allegations amid ED probe into fraud, money laundering claims (Neutral)

Zee Entertainment: Board approves higher targets to evaluate performance of MD & CEO (Neutral)

Brightcom: Company delays Q4 FY24 results, shares timeline for suspension revocation (Neutral)

Dr Reddy/FDC: Recalling generic medications in the US market due to manufacturing issues. (Neutral)

Samvardhana Motherson: Company aims to reduce debt in upcoming quarter, says COO Pankaj Mital. (Neutral)

ABB India: Company gets warning letter from SEBI for insider trading by two designated persons of the Company

Vodafone Idea: Company says Rs 25,000-crore fundraising is delayed over AGR issue.

IGL: Company says Further reduction in gas allocation communicated by GAIL effective November 16.

Adani Total: GAIL further reduces allocation of APM gas by 13% effective November 16.

Reliance Power: SECI weighs criminal action over fake documents

RCom: Canara Bank classifies accounts of company and its arm, Reliance Telecom as 'fraud.'

Sterlite Tech: ICRA revises outlook to stable from Negative, downgrades rating to AA- from AA on select bank loan facilities.

Grasim: Net Profit at Rs 1108 crore versus Rs 2024 crore, Revenues at Rs 33563 crore versus Rs 30220 crore

GSFC: Company expects rising raw material costs to eat into its margins in second half of ongoing fiscal.

Honasa Cons: Net loss at Rs 19 cr vs Rs 29 cr, Revenue at Rs 462 cr vs Rs 496 cr (YoY)

JTEKT: Net profit at ₹19.5 cr vs ₹30.2 cr, Revenue at ₹605.3 cr vs ₹584 cr (YoY)

Shriram Properties: Net loss at Rs 0.79 cr vs Rs 20.1 cr, Revenue at Rs 140 cr vs Rs 210 cr (YoY)

Honda India Power: Net profit at Rs 8.54 cr vs Rs 31.2 cr, Revenue at Rs 180 cr vs Rs 280 cr (YoY)

Ratnamani Metals: Net profit at Rs 100 cr vs Rs 164 cr, Revenue at Rs 970 cr vs Rs 1131 cr (YoY)

Genus Paper: Net loss at Rs 0.4 cr vs profit Rs 4.1 cr, Revenue at Rs 210 cr vs Rs 190 cr (YoY)

Mkt. Updates :
@AlliesFin

*GIFT Nifty +27 pts (23540) from last trade 23513 ,*

Nikkei +99 pts ,
Hangseng +123 pts ,

Dow -55.39 pts ,Nsdq +111.69 pts, S&P
+23.00 pts , Bovespa -23 pts , Ftse +45 pts , Dax -21 pts , Cac +8 pts , Crude @ $68.95 brl (-0.21), Brent @ $73.14 brl (+2.10) , Gold @ 2616.20 (+1.60), Silver $31.255 (+0.03), Euro @ $1.0594, JPY @ $154.50, INR @ 84.395


US GOVT. 10-YR YIELD : 4.41%


Today's Corporate Action, 19 Nov Ex Date :

ASHOKLEY
Interim Dividend - Rs. - 2.0000
ASIANPAINT
Interim Dividend - Rs. - 4.2500
CHAMBLFERT
Interim Dividend - Rs. - 5.0000
GPPL
Interim Dividend - Rs. - 4.0000
MRF
Interim Dividend - Rs. - 3.0000
PGHH
Final Dividend - Rs. - 95.0000
RSYSTEMS
Interim Dividend - Rs. - 6.5000
SAFARI
Interim Dividend - Rs. - 1.5000
TANAA
Interim Dividend - Rs. - 1.0000


Today's Key Results/Board Meetings, 19-Nov-24 :

BRAHMINFRA
Quarterly Results
GODFRYPHLP
Interim Dividend
SJCORP
General


SEC. IN F&O BAN FOR 19.11.2024 :

*1. AARTIIND 2. ABFRL 3. GNFC 4. GRANULES 5. HINDCOPPER*

*ADDITION : NIL*
*DELETION : NIL*


*Today's Alert :*

*RBI to Conduct Auction of SDLS BONDS for INR 93.49 BILLION*

*News Headlines from Business News Agencies :*

*Business Standard :*

📝 Indian Railways plans 23 new container terminals to enhance cargo movement

📝 Tyre makers expected to see 7%-8% revenue growth this fiscal: CRISIL

📝 ESB chairperson Mallika Srinivasan gets one-year extension beyond 65 yrs

📝 Port delays and red tape strain India's 10,000 steel user units: GTRI

📝 Spirit Airlines files for bankruptcy after long run of quarterly losses

📝 SBI raises Rs 10,000 crore through 15-year infrastructure bonds at 7.23%

📝 Taiwan seeks economic partnership with EU to boost semiconductor ties

📝 India's Apollo Radiology acquires reporting wing of UK's InHealth Group

📝 Alibaba plans to raise $5 billion through dual currency bond issuance

📝 Goldman Sachs, Morgan Stanley downgrade China's economic growth outlook

📝 RBI to launch cloud services in 2025 to challenge global firm dominance

📝 Paddy procurement begins, target set to purchase 16 million tonnes


*Economic Times :*

📝 Indian REITs distribute Rs 2,754 crore in H1 FY24, up 14% YoY

📝 India's GCC ecosystem set to hit $100 billion by 2030: report

📝 GST Council to hold 55th meet on December 21 in Jaisalmer, Rajasthan

📝 Cost of borrowing very stressful, banks need to make interest rates affordable: FM Sitharaman

📝 Bajaj Finance FD book rises 21 pc to Rs 66,131 cr as on September-end

📝 MakeMyTrip to acquire Happay Expense Management Platform from CRED

📝 IndiaMart hires UpGrad's Saurabh Deep Singla as chief HR officer

📝 Hindalco expects to gain from China scrapping export tax rebate

📝 The Good Glamm Group completes acquisition of The Moms Co

📝 Govt to exceed FY25 direct tax collection target: CBDT chief

📝 HCLSoftware appoints Vikrant Chowdhary as SVP & country head for India

📝 SBI to open 500 new branches in the financial year 2025, says Nirmala Sitharaman


*Mint :*

📝 Tata Electronics to buy 60% stake in Pegatron's iPhone plant: Report

📝 RBI to take on Google, Microsoft with its first-ever cloud platform: Report

📝 India likely to attract USD 20-25 billion FPI inflows in FY25, recent outflow temporary: Bank of Baroda

📝 Urban labour market shows improvement as unemployment declines in September qtr

📝 Pharma, electronics and engineering goods among India's top exports in Apr-Oct

📝 Click2Pro Expands Mental Health Consultation Services across India

📝 Geniemode eyes ₹500 cr fundraise from new and existing investors

📝 Nykaa’s beauty business growth is a highlight, but margin is a sore spot

📝 HealthKart raises $153 million led by ChrysCapital, Motilal Oswal Alternates

📝 Oman’s OQ Seeks to Raise $490 Million From Methanol Unit IPO

📝 WeWork India appoints Jitendra Mohandas Virwani as non-executive chairman, Karan to be MD & CEO

*🇮🇳India Daybook – Stocks in News*


*Kitex Garments:* Company to consider bonus equity shares on Nov 22 (Positive)

*Ashoka Buildcon:* Company wins large order worth Rs 2800 Cr (Positive)

*ITI:* Company gets contract worth rupees 95 cr for mining digital transformation & surveillance system (MDTSS) in Uttarakhand (Positive)

*Shipbuilding stocks:* Govt will soon set up Rs 30,000 cr maritime development fund to help shipbuilding: Media sources (Positive)

*PG Electroplast:* Company's wholly owned subsidiary PG Technoplast enters electric vehicle assembly and lithium-ion battery assembly (Positive)

*Shilpa Medicare:* Company unit received certificate of suitability (CEP) from EDQM for API, Octreotide (Positive)

*GMR Airports:* For October 2024, saw significant growth in passenger traffic, handling over 10.7 million passengers, a 9% increase (YoY) and a 5% rise (MoM) (Positive)

*Manba Finance:* Company signs MoU with Piaggio Vehicles to offer customized financing solutions for 3-wheelers (Positive)

*RVNL:* Company gets letter of acceptance from South Central Railway for Rs 295 crore contract (Positive)

*RACL Geartech:* Company received a nomination from BMW AG to supply drive train parts for an electric sports car, starting production in 2026 (Positive)

*Ami Organics:* Promoters Nareshkumar Patel and Chetankumar Vaghasia acquired 17.73% stake in Ami Organics (Positive)

*NTPC:* Company incorporates 50-50 JV of NTPC Green with ONGC Green. (Positive)

*Gulf Oil Lubricants:* Company’s long-term fund-based cash credit rating upgraded to AA+ from AA by ICRA. (Positive)

*Jyoti Structures:* Board meeting on Nov 22, 2024, to consider equity fund raising via rights issue. (Positive)

*Oil upstream stocks:* Govt to discontinue windfall gains tax levy in December: sources (Positive)

*Britannia:* Company secures injunction against Desi Bites for Good Day trademark infringement (Positive)

*Bharti Airtel:* Company and Singtel planning to hold equal direct stakes in co (Positive)

*Astrazeneca:* Receives DGCO approval for inhalation drug (Positive)

*Reliance Power:* Company and reliance infrastructure board reconstituted, four new directors join the board, Ashok Pal, CFO, Reliance Power appointed as executive director of the Company (Neutral)

*Dhampur Surgar Mills:* India Ratings affirmed Dhampur Sugar Mills' credit ratings. Long-term issuer rating is IND AA/Stable. (Neutral)

*Orbit Exports:* Company undertake capital expenditure of Rs 300 million to increase capacity of Valsad plant (Neutral)

*Dr Reddys:* Company issues clarification regarding retail-level recall of Morphine Sulfate extended-release tablets in U.S. on October 22. (Neutral)

*SBI:* Bank’s Rs 10,000 crore, 15-year bond issue fully subscribed. (Neutral)

*Medplus Health:* PI Opportunities Fund exits from Medplus Health, sells 5.8% stake for ₹483 crore (Neutral)

*Vedanta/JSPL:* Companies are among provisional resolution applicants for GVK Power & Infra (Neutral)

*Zee Entertainment:* Punit Goneka resigns from the post of Managing Director to focus on operational responsibilities. (Neutral)

*M&M:* JV with Volkswagen India stalled due to disagreement on key issues (Neutral)

*Jagran Prakashan:* Company Received show cause notices (SCN) from GST authorities for Apr 2020-Mar 2021.

SEBI issues consultation paper to review SME IPO and disclosure norms. Some key points are as follows

1. Minimum application size shall be increased from one lakh rupees per application to two lakh rupees per application

2. Increase the requirement of minimum allottees from 50 to 200

3. OFS in SME IPO may be restricted to 20% of the issue size. Further, for selling shareholders, shares offered for sale in SME IPO shall not exceed more than 20% of their pre-issue shareholding on fully diluted basis.

4. Requirement of appointment of Monitoring Agency shall be made applicable for issuer company if fresh issue size is higher than 20 crore.

5. In cases where there is no requirement of appointment of Monitoring Agency, there should be a mandatory requirement of Statutory auditor’s certificate for utilization of money raised through the public issue, to be submitted to Exchange while filing the half yearly financial statement, till the issue proceeds are fully utilized. These certificates should also be submitted to the Audit Committee and Board of the Issuer Company.

6. It is proposed that lock-in on minimum promoter contribution in SME IPO shall be increased to 5 years. Additionally, lock-in on promoters’ holding held in excess of MPC shall be released in phased manner i.e. lock-in for 50 promoters’ holding in excess of MPC shall be released after 1 year and lock-in for remaining 50% promoters’ holding in excess of MPC shall be released after 2 years.

7. It is proposed that GCP amount in SME IPO may be restricted to 10% of issue size or Rs. 10 crore (whichever is lower).

8. Removal of option for raising funds for unidentified target / acquisition.

9. In case of conversion of Company from Limited Liability Partnership or from Partnership firm, the Company shall be in existence for at least period of Two full Financial Year before filing of DRHP.

10. Proposal for 2 year cooling off period before SME IPO for a Company, if there is a change of promoter(s) or new promoter(s) have come after acquisition of 50% or more shareholding prior to filing of draft offer document.

11. Minimum Issue Size – more than Rs 10 crore

12. Repayment of Loan of Promoter, Promoter Group or any related party, from the issue proceeds, whether directly or indirectly should not be considered as object.

13. No outstanding convertible securities before IPO.

*News Headlines from Business News Agencies:*

*Business Standard*

📝 India, Australia firm up clean energy partnership; pushing mega trade pact

📝 Asia's jet fuel imports from India to hit multi-yr high in Nov, shows data

📝 Axis Bank, Bank of India eyeing to raise funds through AT-I bonds

📝 Tripura govt signs MoA with Tata Technologies for upgradation of 19 ITIs

📝 Adani Energy Solutions to acquire 100% stake in Pune- III Transmission

📝 Coal import by NRS, domestic thermal power plants drops 9.8% in H1FY25

📝 ReNew Energy's Q2 net profit rises 31% to Rs 440 crore on higher income

📝 OfBusiness hires Axis, JPMorgan, Citi among other banks for 2025 Indian IPO

📝 CIEL HR Services files draft IPO with Sebi, aims for Rs 335 cr via issue

📝 Parle Agro FY24 revenue down 12% to Rs 3,126 crore, profit slides 89%

*Economic Times*

📝 Datta Power Infra signs MoU to invest Rs 5,000 cr in RE sector in Rajasthan

📝 Tropical Agrosystem to build new unit in Kharagpur, eyes expansion in Gujarat

📝 LG Saxena approves promotion of 295 CMOs in Delhi government hospitals

📝 Karnataka aims to attract $ 3 billion in space tech, aims half of country's marketshare

📝 Vedanta Aluminium signs pact with GAIL for supply of natural gas

📝 Equity investments in real estate sector to hit a new record surpassing USD 10 billion

📝 SECI signs MoU with H2Global Stiftung to promote green hydrogen initiatives

📝 Hope slowdown in urban discretionary demand is a blip, not structural: Sula Vineyards CEO

📝 Qcomm logistics enabler Blitz raises Rs 51 crore from IvyCap Ventures, others

📝 Paper and paperboard imports rise by 3.5 pc in April-September FY25

📝 Higher energy bills push UK inflation to 6-month high in October

*Mint*

📝 India’s GDP growth likely moderated to 6.5% in Q2, says Icra

📝 India's services exports to surpass goods exports by FY30, says GTRI report

📝 Doodhvale Farms Raises $3M in Atomic Capital-Led Round to redefine India's

📝 UPL announces rights issue to raise ₹3,378 crore

📝 Honda Cars India announces big discounts on Amaze, City, and Elevate

📝 Nokia wins 5G extension deal from Bharti Airtel for its India operations

📝 Raheja Developers moves NCLAT against insolvency

📝 India's steel industry to grow at 8%; capacity to rise by 20 million tons by FY2027: report

📝 Relief for Airtel, Vodafone, Tata Tele as SC grants tax credit on infra item

📝 Department of Commerce welcomes resumption of FTA talks between India, UK

📝 Booking Holdings outpaces rivals with strong growth in alternative accommodation