🚀 Budget 2025: Summary
The government’s focus in the budget is on development 📈...
Global growth slightly affected due to global tensions 🌍⚡️...
The budget emphasizes 10 key themes 🏗...
More focus on the development of the poor 🏡, women 👩💼, and youth 👨🎓...
Increased emphasis on rural development 🚜 and manufacturing 🏭...
More reforms to be introduced in the financial sector 💰...
🔹 Key Announcements:
✅ Dhan Dhanya Yojana 🌾 to be launched in 100 districts...
✅ Special 6-year mission for Tur, Urad, and Masoor dal 🌱...
✅ Makhana Board 🍘 to be set up in Bihar...
✅ Central agencies 🏢 to purchase pulses for 4 years...
✅ New schemes 🌱 for vegetable and fruit 🍏 production in collaboration with states...
✅ Development of the marine sector 🐟...
✅ Kisan Credit Card 💳 limit increased to ₹5 lakh...
✅ Urea plant 🏭 to be set up in Assam...
✅ India Post 📦 to be developed as a major logistics organization 🚚...
✅ Special credit card 💳 for small businesses...
✅ Self-reliance in edible oils 🛢...
✅ Special schemes for footwear 👞 and leather 👜...
✅ India 🇮🇳 to become a global hub for toys 🧸...
✅ Special scheme for women from backward classes 👩👩👧👦...
✅ 22 lakh new jobs 🏢👷 to be created under the Leather Scheme...
✅ Launch of the National Manufacturing Mission 🏗...
✅ Increased emphasis on Indian languages 📖 in education...
✅ More IIT institutes 🎓 to be established...
✅ 75,000 new seats 🏥 in the medical field in the next 5 years...
✅ Special AI 🤖 research centers to be set up...
✅ Health insurance 🏥💊 scheme for small workers...
✅ UPI-linked card 💳 for small vendors...
✅ UPI-linked credit card limit set at ₹30,000 💰...
✅ Interest-free funds 🏗💵 for states to boost infrastructure development...
✅ ₹1 lakh crore fund 💰 announced for urban development 🏙...
✅ Increased focus on nuclear energy ⚛️ by 2047...
✅ Special scheme for nuclear energy ⚛️...
✅ Special scheme for the ship-breaking industry 🚢⚙️...
✅ More cities 🏙 to be connected under the ‘Udaan’ 🛫 scheme...
✅ New airport ✈️ to be constructed in Bihar...
✅ 40,000 housing units 🏡 to be built under the SWAMIH scheme...
✅ 52 new tourist destinations 🏝 to be developed in collaboration with states...
✅ New mining policy ⛏️ to be introduced...
✅ ₹20,000 crore investment 💰 in R&D 🔬 for the private sector...
✅ All government secondary schools 🏫 to be connected with broadband 🌐...
✅ New schemes to boost exports 📦...
✅ Buddha-related sites 🏯 to be developed...
✅ Special scheme for preserving Indian scripts 📜...
✅ Easier access to funds 💵 for export promotion...
✅ New Income Tax Bill 📜 to be introduced next week...
✅ 100% FDI limit 🌍 in the insurance sector 🏦...
✅ Simplification of RE-KYC process 📑...
✅ 100% FPI limit 📊 in the insurance sector...
✅ Custom duty removed 🚫💊 on 36 life-saving medicines...
✅ Changes in custom duty on electronic goods 📱...
✅ No primary duty on lead & zinc ⚒️...
✅ Duty removed 🚫 on crust leather 👜...
✅ New, simplified Income Tax law 🏦📜 to be introduced...
✅ TDS rates to be made simpler 📉...
✅ Major tax relief for senior citizens 👴👵...
✅ Tax exemption limit for senior citizens increased to ₹1 lakh 💰...
✅ TDS exemption limit on rent 🏠 increased to ₹6 lakh...
✅ No penalty 🚫 on delayed TCS payments...
The government’s focus in the budget is on development 📈...
Global growth slightly affected due to global tensions 🌍⚡️...
The budget emphasizes 10 key themes 🏗...
More focus on the development of the poor 🏡, women 👩💼, and youth 👨🎓...
Increased emphasis on rural development 🚜 and manufacturing 🏭...
More reforms to be introduced in the financial sector 💰...
🔹 Key Announcements:
✅ Dhan Dhanya Yojana 🌾 to be launched in 100 districts...
✅ Special 6-year mission for Tur, Urad, and Masoor dal 🌱...
✅ Makhana Board 🍘 to be set up in Bihar...
✅ Central agencies 🏢 to purchase pulses for 4 years...
✅ New schemes 🌱 for vegetable and fruit 🍏 production in collaboration with states...
✅ Development of the marine sector 🐟...
✅ Kisan Credit Card 💳 limit increased to ₹5 lakh...
✅ Urea plant 🏭 to be set up in Assam...
✅ India Post 📦 to be developed as a major logistics organization 🚚...
✅ Special credit card 💳 for small businesses...
✅ Self-reliance in edible oils 🛢...
✅ Special schemes for footwear 👞 and leather 👜...
✅ India 🇮🇳 to become a global hub for toys 🧸...
✅ Special scheme for women from backward classes 👩👩👧👦...
✅ 22 lakh new jobs 🏢👷 to be created under the Leather Scheme...
✅ Launch of the National Manufacturing Mission 🏗...
✅ Increased emphasis on Indian languages 📖 in education...
✅ More IIT institutes 🎓 to be established...
✅ 75,000 new seats 🏥 in the medical field in the next 5 years...
✅ Special AI 🤖 research centers to be set up...
✅ Health insurance 🏥💊 scheme for small workers...
✅ UPI-linked card 💳 for small vendors...
✅ UPI-linked credit card limit set at ₹30,000 💰...
✅ Interest-free funds 🏗💵 for states to boost infrastructure development...
✅ ₹1 lakh crore fund 💰 announced for urban development 🏙...
✅ Increased focus on nuclear energy ⚛️ by 2047...
✅ Special scheme for nuclear energy ⚛️...
✅ Special scheme for the ship-breaking industry 🚢⚙️...
✅ More cities 🏙 to be connected under the ‘Udaan’ 🛫 scheme...
✅ New airport ✈️ to be constructed in Bihar...
✅ 40,000 housing units 🏡 to be built under the SWAMIH scheme...
✅ 52 new tourist destinations 🏝 to be developed in collaboration with states...
✅ New mining policy ⛏️ to be introduced...
✅ ₹20,000 crore investment 💰 in R&D 🔬 for the private sector...
✅ All government secondary schools 🏫 to be connected with broadband 🌐...
✅ New schemes to boost exports 📦...
✅ Buddha-related sites 🏯 to be developed...
✅ Special scheme for preserving Indian scripts 📜...
✅ Easier access to funds 💵 for export promotion...
✅ New Income Tax Bill 📜 to be introduced next week...
✅ 100% FDI limit 🌍 in the insurance sector 🏦...
✅ Simplification of RE-KYC process 📑...
✅ 100% FPI limit 📊 in the insurance sector...
✅ Custom duty removed 🚫💊 on 36 life-saving medicines...
✅ Changes in custom duty on electronic goods 📱...
✅ No primary duty on lead & zinc ⚒️...
✅ Duty removed 🚫 on crust leather 👜...
✅ New, simplified Income Tax law 🏦📜 to be introduced...
✅ TDS rates to be made simpler 📉...
✅ Major tax relief for senior citizens 👴👵...
✅ Tax exemption limit for senior citizens increased to ₹1 lakh 💰...
✅ TDS exemption limit on rent 🏠 increased to ₹6 lakh...
✅ No penalty 🚫 on delayed TCS payments...
https://www.india.com/news/india/as-world-grapples-with-china-ai-deepseek-chatgpt-masterstroke-by-modi-govt-as-india-launches-rs-34300-crore-plan-to-national-critical-mineral-mission-7579732/amp/
Indian A.I companies to get benefits
Indian A.I companies to get benefits
Latest News, Breaking News, LIVE News, Top News Headlines, Viral Video, Cricket LIVE, Sports, Entertainment, Business, Health, Lifestyle and Utility News | India.Com
As world grapples with China's AI Deepseek, masterstroke by Modi govt as India launches Rs 34300 crore plan to...
The National Critical Mineral Mission, approved by the Union Cabinet, will encompass all stages of the value chain, including mineral exploration, mining, beneficiation, processing, and recovery from end-of-life products, which is critical for AI development.
Kobeissi letter on X:
The trade war has officially begun, here’s our take on it:
1. New tariffs of 25% on Mexico, 25% on Canada, and 10% on China are now live. We must first put this into perspective
2. Mexico and Canada’s exports to the U.S. account for approximately 78% and 77% of their total annual exports, respectively
3. U.S. exports to Mexico and Canada account for approximately 16% and 17% of total U.S. annual exports, respectively
4. U.S. exports to Mexico and Canada are ~$320 billion and ~$360 billion respectively, which is less than 2.5% of U.S. GDP
5. On the other hand, these exports represent 20%–30% of Canada and Mexico’s GDP. This trade war is clearly lopsided
6. The real wildcard here is how China will respond to the additional 10% tariff. We expect higher prices for consumers soon
7. This comes at a particularly important time as DeepSeek has disrupted AI, and the U.S. is probing potential illegal chip purchases in China
8. The combination of a trade war and potential new chip bans could significantly weigh on technology stocks
9. U.S. officials are being careful with their comments regarding chip bans and the DeepSeek situation for a reason
10. If these tariffs persist for more than a year, we expect U.S. economic output to decline by an average of ~2% per year through 2026
11. Unless oil prices drop by 80% to ~$15 per barrel, it is unlikely that lower energy prices will offset the effects of tariffs and existing inflation
12. Higher interest rates are here to stay through at least Q3 2025
13. President Trump’s threat to impose 100% tariffs on BRICS countries (which could include more than 30 nations) poses an even greater risk
14. The average U.S. tariff rate is set to rise to ~22% under President Trump—more than 5 times the average over the last 30 years
As an investor, you CANNOT change the market. You can only react to CHANGES in the market.
The coming volatility will be a tradable opportunity. @AlliesFin
The trade war has officially begun, here’s our take on it:
1. New tariffs of 25% on Mexico, 25% on Canada, and 10% on China are now live. We must first put this into perspective
2. Mexico and Canada’s exports to the U.S. account for approximately 78% and 77% of their total annual exports, respectively
3. U.S. exports to Mexico and Canada account for approximately 16% and 17% of total U.S. annual exports, respectively
4. U.S. exports to Mexico and Canada are ~$320 billion and ~$360 billion respectively, which is less than 2.5% of U.S. GDP
5. On the other hand, these exports represent 20%–30% of Canada and Mexico’s GDP. This trade war is clearly lopsided
6. The real wildcard here is how China will respond to the additional 10% tariff. We expect higher prices for consumers soon
7. This comes at a particularly important time as DeepSeek has disrupted AI, and the U.S. is probing potential illegal chip purchases in China
8. The combination of a trade war and potential new chip bans could significantly weigh on technology stocks
9. U.S. officials are being careful with their comments regarding chip bans and the DeepSeek situation for a reason
10. If these tariffs persist for more than a year, we expect U.S. economic output to decline by an average of ~2% per year through 2026
11. Unless oil prices drop by 80% to ~$15 per barrel, it is unlikely that lower energy prices will offset the effects of tariffs and existing inflation
12. Higher interest rates are here to stay through at least Q3 2025
13. President Trump’s threat to impose 100% tariffs on BRICS countries (which could include more than 30 nations) poses an even greater risk
14. The average U.S. tariff rate is set to rise to ~22% under President Trump—more than 5 times the average over the last 30 years
As an investor, you CANNOT change the market. You can only react to CHANGES in the market.
The coming volatility will be a tradable opportunity. @AlliesFin
GIFT Nifty -190 pts (23370) from last trade 23560 ,
Nikkei -888 pts ,
Hangseng -176 pts ,
Dow -337.47 pts ,Nsdq -54.31 pts, S&P
-30.64 pts , Bovespa -777 pts , Ftse +27 pts , Dax +4 pts , Cac +8 pts , Crude @ $73.63 brl (+1.11), Brent @ $76.03 brl (+0.36) , Gold @ 2834.10 (-0.90), Silver $32.225 (-0.04), Euro @ $1.0233, JPY @ $155.80, INR @ 86.535
Today's Corporate Action
3rd Feb Ex Date
APCOTEXIND
Interim Dividend - Rs. - 2.0000
GESHIP
Interim Dividend - Rs. - 8.1000
GODREJCP
Interim Dividend - Rs. - 5.0000
INDUSINVIT
Income Distribution (InvIT)
JUBLINGREA
Interim Dividend - Rs. - 2.5000
MGL
Interim Dividend - Rs. - 12.0000
SHAREINDIA
Interim Dividend - Rs. - 0.2000
SIYSIL
Interim Dividend - Rs. - 3.0000
WHEELS
Interim Dividend - Rs. - 4.5000
Stock under F&O ban on NSE
03-Feb-25
None
Nikkei -888 pts ,
Hangseng -176 pts ,
Dow -337.47 pts ,Nsdq -54.31 pts, S&P
-30.64 pts , Bovespa -777 pts , Ftse +27 pts , Dax +4 pts , Cac +8 pts , Crude @ $73.63 brl (+1.11), Brent @ $76.03 brl (+0.36) , Gold @ 2834.10 (-0.90), Silver $32.225 (-0.04), Euro @ $1.0233, JPY @ $155.80, INR @ 86.535
Today's Corporate Action
3rd Feb Ex Date
APCOTEXIND
Interim Dividend - Rs. - 2.0000
GESHIP
Interim Dividend - Rs. - 8.1000
GODREJCP
Interim Dividend - Rs. - 5.0000
INDUSINVIT
Income Distribution (InvIT)
JUBLINGREA
Interim Dividend - Rs. - 2.5000
MGL
Interim Dividend - Rs. - 12.0000
SHAREINDIA
Interim Dividend - Rs. - 0.2000
SIYSIL
Interim Dividend - Rs. - 3.0000
WHEELS
Interim Dividend - Rs. - 4.5000
Stock under F&O ban on NSE
03-Feb-25
None
News Headlines from Business News Agencies :
Business Standard :
📝 FM cites India's fiscal discipline as key to Moody's unchanged ratings
📝 India's medical tourism poised for expansion with relaxed visa rules
📝 Emphasis on green transition to strengthen India's clean energy leadership
📝 Strategic petroleum reserves get Rs 5,597 crore allocation boost in Budget
📝 HMPL to invest Rs 2,500 crore in 500 MW solar project in Andhra Pradesh
📝 Budget: Allocation for export promotion schemes dips 17% to Rs 2,250 cr
📝 Budget: Railway capex stays flat; revenue receipts set to cross Rs 3 trn
📝 Customs duty cuts in certain areas to benefit American exports: GTRI
📝 Sebi mulls safe UPI payment mechanism for registered market intermediaries
📝 Budget 2025: Investment, turnover limits for MSMEs hiked up to 2.5 times
📝 UPI volume sclales new peak of 16.99 billion in January, shows NPCI data
Economic Times :
📝 India emerges as a global export hub, shipments expand to 65 countries: Nissan
📝 Reliance brings Shein back to India after 2020 app ban
📝 Frequent extreme weather events driving food inflation in India: Government report
📝 Ola Electric's market share increases to 25.8% in January
📝 New tax structure to benefit 5.65 cr taxpayers, will collectively save around Rs 1 L cr in taxes: SBI
📝 Customs duty cuts in certain areas to benefit American exports: GTRI
📝 India's power consumption growth subdued at 3 pc to 137.49 billion units in Jan
📝 Volkswagen sues India to quash 'enormous' $1.4 bn tax demand, legal filing shows
📝 Power sector PSUs' investments to rise nearly 21 pc to Rs 86,138 cr in FY26
📝 Coal India reports first monthly production de-growth of 0.8 pc in Jan'25
📝 CAG building infra & processes to harness AI&ML: Sanjay Murthy
Mint :
📝 India's sugar production set to dip by 12 pc in 2025 season, forecast below 27 MMT: Report
📝 Personal income tax buoyancy helped to offer relief: Finance secretary
📝 Battery prices should come down by 10% after Budget 2025: Attero Recycling CEO
📝 WeWork India files DRHP with SEBI to raise funds via IPO
📝 India's nuclear energy ambitions: Aiming for 100 GW by 2047
📝 Texmaco Q3 profit grows over 2-fold to ₹76 cr; order book touches ₹7,612 cr
📝 After Mexico and Canada, China says it'll challenge US tariffs under WTO
📝 Insurance FDI hike may spur capital inflows of up to $12 billion
📝 After Budget 2025 fires up hopes for urban consumption, eyes on RBI for rate cut
📝 Healthcare gets a push: ₹99,858 crore allocated, but still below 2% of budget
📝 Centre sets new five-year target to cut debt to half of GDP
Business Standard :
📝 FM cites India's fiscal discipline as key to Moody's unchanged ratings
📝 India's medical tourism poised for expansion with relaxed visa rules
📝 Emphasis on green transition to strengthen India's clean energy leadership
📝 Strategic petroleum reserves get Rs 5,597 crore allocation boost in Budget
📝 HMPL to invest Rs 2,500 crore in 500 MW solar project in Andhra Pradesh
📝 Budget: Allocation for export promotion schemes dips 17% to Rs 2,250 cr
📝 Budget: Railway capex stays flat; revenue receipts set to cross Rs 3 trn
📝 Customs duty cuts in certain areas to benefit American exports: GTRI
📝 Sebi mulls safe UPI payment mechanism for registered market intermediaries
📝 Budget 2025: Investment, turnover limits for MSMEs hiked up to 2.5 times
📝 UPI volume sclales new peak of 16.99 billion in January, shows NPCI data
Economic Times :
📝 India emerges as a global export hub, shipments expand to 65 countries: Nissan
📝 Reliance brings Shein back to India after 2020 app ban
📝 Frequent extreme weather events driving food inflation in India: Government report
📝 Ola Electric's market share increases to 25.8% in January
📝 New tax structure to benefit 5.65 cr taxpayers, will collectively save around Rs 1 L cr in taxes: SBI
📝 Customs duty cuts in certain areas to benefit American exports: GTRI
📝 India's power consumption growth subdued at 3 pc to 137.49 billion units in Jan
📝 Volkswagen sues India to quash 'enormous' $1.4 bn tax demand, legal filing shows
📝 Power sector PSUs' investments to rise nearly 21 pc to Rs 86,138 cr in FY26
📝 Coal India reports first monthly production de-growth of 0.8 pc in Jan'25
📝 CAG building infra & processes to harness AI&ML: Sanjay Murthy
Mint :
📝 India's sugar production set to dip by 12 pc in 2025 season, forecast below 27 MMT: Report
📝 Personal income tax buoyancy helped to offer relief: Finance secretary
📝 Battery prices should come down by 10% after Budget 2025: Attero Recycling CEO
📝 WeWork India files DRHP with SEBI to raise funds via IPO
📝 India's nuclear energy ambitions: Aiming for 100 GW by 2047
📝 Texmaco Q3 profit grows over 2-fold to ₹76 cr; order book touches ₹7,612 cr
📝 After Mexico and Canada, China says it'll challenge US tariffs under WTO
📝 Insurance FDI hike may spur capital inflows of up to $12 billion
📝 After Budget 2025 fires up hopes for urban consumption, eyes on RBI for rate cut
📝 Healthcare gets a push: ₹99,858 crore allocated, but still below 2% of budget
📝 Centre sets new five-year target to cut debt to half of GDP
🇮🇳 India Daybook Stocks in News
Anant Raj: Net profit at Rs 110 cr, up 55%. Revenue at Rs 534 cr vs Rs 392 cr (YoY) (Positive)
Moil: Company’s production of 1.6 lakh tonnes of Manganese Ore Sales up 17% YoY at 1.57 lakh tonnes. (Positive)
Lemon Tree: Company signed a Concession Agreement with Meghalaya Tourism Development Corporation for the redevelopment, operation, and maintenance of Orchid Hotel in Shillong. (Positive)
Kirloskar Ferrous Industries: Company’s 70 MW DC solar plant is fully operational. (Positive)
Easy Trip Planners: Company incorporated a wholly-owned subsidiary, Easy Trip Planners Do Brasil Ltda., in Brazil on January 30, 2025. (Positive)
International Conveyors: Company announced the acquisition of Gulshan Polyols Limited. (Positive)
Eicher Motors: Total sales for Jan up 20% YoY; YTD sales up 7% YoY (Positive)
Globus Spirits: Rajasthan excise policy, net selling value per unit across brands to increase by 4.35% from 1st April 2025 (Positive)
Lupin: Receives zero Form 483 observation for USA plant. (Positive)
Neogen: Net profit of ₹10 crore from ₹1 crore, Revenue up 22.5% to ₹201.4 crore. (Positive)
Aarti Industries: Net profit at Rs. 46 cr vs Rs 124 cr, Revenue at Rs. 1840 cr vs Rs 1732 cr (YoY) (Neutral)
GR Infra: Net profit up 7.8% at ₹261.7 cr vs ₹242.7 cr, Revenue down 20.6% at ₹1,694.5 cr vs ₹2,134 cr (YoY) (Neutral)
Hero Motocorp: Total sales up 2% at 4.42 lk units vs 4.33 lk units (YoY) (Neutral)
Happiest Minds: Company acquires Gavs’ Middle East business in $1.7 million deal (Neutral)
Coal India: Coal Production down 0.8% at 77.8 mt vs 78.4 mt (YoY) (Neutral)
Maiden Forgings: Company announced it received a crisil BBB/Stable rating for its bank facilities totaling Rs. 42.5Cr. (Neutral)
Indian Bank: Bank to Hike Lending Rates by 5 bps in Most Tenures, Effective February 3, 2025 (Neutral)
Nuvoco Vistas: Company’s subsidiary received a demand order from the Joint Commissioner, Central Goods & Services Tax, West Bengal. The order alleges inadmissible input tax credit of Rs. 4.74 Cr. (Neutral)
Auro Impex: Company announced the resignation of Mr. Raghav Jhunjhunwala, Company Secretary and Compliance Officer. (Neutral)
TVS Holdings: Company acquired 80.74% stake in Home Credit India Fiannce Private Limited. (Neutral)
Max Healthcare: Company announced an investment of approximately Rs. 50 Crore in its wholly-owned subsidiary, Jaypee Healthcare Limited. (Neutral)
Mishtann Foods: Company announced the resignation of its Company Secretary & Compliance Officer. (Neutral)
Mazagon Dock: Company announced changes in senior management effective February 1, 2025. Cdr. D K Jain retired after superannuation, while Shri. A Vinod received an internal promotion to ED (Technical) (Neutral)
V-Guard: Company’s subsidiary received three demand notices totaling approximately Rs. 4.52 Crore from West Bengal's Commercial Taxes department. (Neutral)
GICRE: Company received a tax demand of Rs. 138.46 Cr from the Additional Commissioner CGST & Central Excise, Mumbai South Commissionerate.
KEI Industry: Company received a GST demand order for Rs. 59.03 Cr in tax and an equal amount in penalties and interest from the additional commissioner, central goods and services tax Delhi East.
V.S.T. Tillers Tractors: Company reported January 2025 sales 3416 total power tillers and tractors, compared to 4146 in January 2024.
Anant Raj: Net profit at Rs 110 cr, up 55%. Revenue at Rs 534 cr vs Rs 392 cr (YoY) (Positive)
Moil: Company’s production of 1.6 lakh tonnes of Manganese Ore Sales up 17% YoY at 1.57 lakh tonnes. (Positive)
Lemon Tree: Company signed a Concession Agreement with Meghalaya Tourism Development Corporation for the redevelopment, operation, and maintenance of Orchid Hotel in Shillong. (Positive)
Kirloskar Ferrous Industries: Company’s 70 MW DC solar plant is fully operational. (Positive)
Easy Trip Planners: Company incorporated a wholly-owned subsidiary, Easy Trip Planners Do Brasil Ltda., in Brazil on January 30, 2025. (Positive)
International Conveyors: Company announced the acquisition of Gulshan Polyols Limited. (Positive)
Eicher Motors: Total sales for Jan up 20% YoY; YTD sales up 7% YoY (Positive)
Globus Spirits: Rajasthan excise policy, net selling value per unit across brands to increase by 4.35% from 1st April 2025 (Positive)
Lupin: Receives zero Form 483 observation for USA plant. (Positive)
Neogen: Net profit of ₹10 crore from ₹1 crore, Revenue up 22.5% to ₹201.4 crore. (Positive)
Aarti Industries: Net profit at Rs. 46 cr vs Rs 124 cr, Revenue at Rs. 1840 cr vs Rs 1732 cr (YoY) (Neutral)
GR Infra: Net profit up 7.8% at ₹261.7 cr vs ₹242.7 cr, Revenue down 20.6% at ₹1,694.5 cr vs ₹2,134 cr (YoY) (Neutral)
Hero Motocorp: Total sales up 2% at 4.42 lk units vs 4.33 lk units (YoY) (Neutral)
Happiest Minds: Company acquires Gavs’ Middle East business in $1.7 million deal (Neutral)
Coal India: Coal Production down 0.8% at 77.8 mt vs 78.4 mt (YoY) (Neutral)
Maiden Forgings: Company announced it received a crisil BBB/Stable rating for its bank facilities totaling Rs. 42.5Cr. (Neutral)
Indian Bank: Bank to Hike Lending Rates by 5 bps in Most Tenures, Effective February 3, 2025 (Neutral)
Nuvoco Vistas: Company’s subsidiary received a demand order from the Joint Commissioner, Central Goods & Services Tax, West Bengal. The order alleges inadmissible input tax credit of Rs. 4.74 Cr. (Neutral)
Auro Impex: Company announced the resignation of Mr. Raghav Jhunjhunwala, Company Secretary and Compliance Officer. (Neutral)
TVS Holdings: Company acquired 80.74% stake in Home Credit India Fiannce Private Limited. (Neutral)
Max Healthcare: Company announced an investment of approximately Rs. 50 Crore in its wholly-owned subsidiary, Jaypee Healthcare Limited. (Neutral)
Mishtann Foods: Company announced the resignation of its Company Secretary & Compliance Officer. (Neutral)
Mazagon Dock: Company announced changes in senior management effective February 1, 2025. Cdr. D K Jain retired after superannuation, while Shri. A Vinod received an internal promotion to ED (Technical) (Neutral)
V-Guard: Company’s subsidiary received three demand notices totaling approximately Rs. 4.52 Crore from West Bengal's Commercial Taxes department. (Neutral)
GICRE: Company received a tax demand of Rs. 138.46 Cr from the Additional Commissioner CGST & Central Excise, Mumbai South Commissionerate.
KEI Industry: Company received a GST demand order for Rs. 59.03 Cr in tax and an equal amount in penalties and interest from the additional commissioner, central goods and services tax Delhi East.
V.S.T. Tillers Tractors: Company reported January 2025 sales 3416 total power tillers and tractors, compared to 4146 in January 2024.
Jokes aside, the following need to be looked at seriously and appreciated -
√ Was there ever a day in world history, when 1,00,00,000 people instantly moved from a taxable category to zero-tax category with a fifteen seconds announcement in Parliament???
Modi ji did hint before when he talked of Lakshmi!”
√ In the US, if you are single & earn less than $12,950, you pay zero income tax!
√ In India, from now on, $14,826 will be the zero tax threshold!!!
√ The US per capita income is $70,539;
India's only $2,139!
√ India has a higher zero tax bracket than in the US, in spite of being 33 times poorer!! Unbelievable.!!!
√ Twenty years ago, the entire budget size of the Government of India under Dr. Manmohan Singh was ₹5,14,000 crore!
and then defence Minister Mr. A.K. Antony said that India does not have money to upgrade our defence capabilities. 😡 ( But had the money to buy a painting for Rs. 28 crore painted by his wife, the only one she had painted in her entire life.)
√ Today, only the Defence budget under Narendra Modi ji govt is ₹6,81,000 crore!!! India has come a long way, and this is great news for the soldiers guarding us the borders!
Certainly merits appreciation in my opinion!!
Still the non IT paying people will still criticize and lament the Budget proposals. 😡
20250202
√ Was there ever a day in world history, when 1,00,00,000 people instantly moved from a taxable category to zero-tax category with a fifteen seconds announcement in Parliament???
Modi ji did hint before when he talked of Lakshmi!”
√ In the US, if you are single & earn less than $12,950, you pay zero income tax!
√ In India, from now on, $14,826 will be the zero tax threshold!!!
√ The US per capita income is $70,539;
India's only $2,139!
√ India has a higher zero tax bracket than in the US, in spite of being 33 times poorer!! Unbelievable.!!!
√ Twenty years ago, the entire budget size of the Government of India under Dr. Manmohan Singh was ₹5,14,000 crore!
and then defence Minister Mr. A.K. Antony said that India does not have money to upgrade our defence capabilities. 😡 ( But had the money to buy a painting for Rs. 28 crore painted by his wife, the only one she had painted in her entire life.)
√ Today, only the Defence budget under Narendra Modi ji govt is ₹6,81,000 crore!!! India has come a long way, and this is great news for the soldiers guarding us the borders!
Certainly merits appreciation in my opinion!!
Still the non IT paying people will still criticize and lament the Budget proposals. 😡
20250202
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON 04-02-2025 :
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +19859* 😃
*INDEX FUT. : +5353*
*INDEX OPT. : +9023*
*STOCK FUT. : +7474*
*STOCK OPT. : -1991*
*SEC. IN F&O BAN FOR 05-FEB-2025 :*
*NIL...*
*ADDITION : NIL*
*DELETION : NIL*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 04-02-2025 :
*FIIS : BUY +809 (18,105-17,296)* 😊
*DIIS : SELL -430 (15,003-15,433)* ☺️
*BSE SENSEX : +1397 (78,584)🔼*
*NSE NIFTY : +378 (23,739)🔼*
*BSE MIDCAP. : +573 (43,075)*🔼
*BSE SMLCAP. : +589 (49,801)*🔼
*B. CRUDE : $ 74.34 🔽😃*
*GOLD:$ 2,832=INR 85,350(10gr)*🔼😊
*SILVER : RS. 96,500 (kg)*🔽😩
*FOREX : RS. $ 87.07 🔼 🙂*
*6.79% NEW '34: 6.6732%(100.81)🔼☺️*
*7.10% GOI '34: 6.7295% (102.4925)🔼☺️*
*6.92% GOI '39: 6.8139% (100.9650)🔼☺️*
*FIIS F & O : RS. CRS. :*
*TOTAL NET BUY : +19859* 😃
*INDEX FUT. : +5353*
*INDEX OPT. : +9023*
*STOCK FUT. : +7474*
*STOCK OPT. : -1991*
*SEC. IN F&O BAN FOR 05-FEB-2025 :*
*NIL...*
*ADDITION : NIL*
*DELETION : NIL*
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 04-02-2025 :
*FIIS : BUY +809 (18,105-17,296)* 😊
*DIIS : SELL -430 (15,003-15,433)* ☺️
*BSE SENSEX : +1397 (78,584)🔼*
*NSE NIFTY : +378 (23,739)🔼*
*BSE MIDCAP. : +573 (43,075)*🔼
*BSE SMLCAP. : +589 (49,801)*🔼
*B. CRUDE : $ 74.34 🔽😃*
*GOLD:$ 2,832=INR 85,350(10gr)*🔼😊
*SILVER : RS. 96,500 (kg)*🔽😩
*FOREX : RS. $ 87.07 🔼 🙂*
*6.79% NEW '34: 6.6732%(100.81)🔼☺️*
*7.10% GOI '34: 6.7295% (102.4925)🔼☺️*
*6.92% GOI '39: 6.8139% (100.9650)🔼☺️*
👍1
*News Headlines from Business News Agencies:*
*Business Standard*
📝 Govt framing schemes under export promotion mission for exporters: DGFT
📝 UK grocery inflation slows to 3.3% in January, sales rise 4.3%: Kantar
📝 PepsiCo forecasts weak annual profit as soda, snacks demand slows
📝 Health ministry releases first quality ratings for Internal Medicine Dept
📝 UBS beats profit forecast but shares fall as buyback plan fails to impress
📝 BMC introduces smart parking app to ease traffic congestion in Mumbai
📝 Ola founder Bhavish Aggarwal to invest Rs 2,000 crore in AI firm Krutrim
📝 Elan Group to invest Rs 3,000 cr for building housing project in Gurugram
📝 RBI may use CRR as regulatory tool, repo rate cuts likely in 2025: SBI
📝 Dabur reduces strategic review cycle to 3 years amidst FMCG slowdown
📝 Nestle plans to sell Starbucks ready-to-drink coffee in India retail market
📝 OYO to invest £50 million in the UK for 3 years to expand premium hotels
*Economic Times*
📝 L&T to set up pellet, DRI plant in Middle East & North Africa region
📝 Increase in FDI limit in insurance sector to woo more foreign players: Moody's
📝 Cybersecurity firm SailPoint seeks up to $11.5 billion valuation in US IPO
📝 Mobikwik slips into losses despite operating revenue going up 18% to Rs 270 crore
📝 GST Council to soon take decision on rates, number of slabs: FM Sitharaman
📝 Indian exporters likely to gain from US-China trade war: Sources
📝 Bajaj Finserv still in talks to sail solo, eyes Allianz exit
📝 Alphabet faces scrutiny on AI spending as Google cloud growth slows
📝 India's passenger vehicle industry to see modest 1.5% growth in FY25: Report
📝 Welspun New Energy inks pact with Odisha for Rs 13,500-cr clean energy projects
📝 Ujjivan Small Finance Bank seeks universal banking licence
📝 RBI clears sale of Tata Communications’ payment arm to Australian fintech Findi
*Mint*
📝 Income tax cut unlikely to translate into higher auto sales, says Nomura
📝 Bajaj Finance raises ₹533 crore via issuance of NCD through private placement
📝 Asian Paints Q3 Results: Net profit falls 23.3% YoY to ₹1,110.48 crore
📝 Netflix joins tech giants in AI rat race, seeks top talent with $1 million offer
📝 Indian edtech ecosystem to see further integration of traditional models
📝 ATM cash withdrawal to become costly? RBI plans to raise interchange fee: Report
📝 BNP Paribas announces $1.1 billion buyback, higher dividend amid strong Q4 show
📝 US FDA greenlights clinical trials for pig kidney transplants in humans
📝 Indonesian fund, Mitsui vie for $300 mln stake in toll operator RKE, sources say
📝 China files WTO complaint, calls US tariffs ‘malicious’ trade tactic
📝 Energy transition, security top global priorities: IEA official.
*Business Standard*
📝 Govt framing schemes under export promotion mission for exporters: DGFT
📝 UK grocery inflation slows to 3.3% in January, sales rise 4.3%: Kantar
📝 PepsiCo forecasts weak annual profit as soda, snacks demand slows
📝 Health ministry releases first quality ratings for Internal Medicine Dept
📝 UBS beats profit forecast but shares fall as buyback plan fails to impress
📝 BMC introduces smart parking app to ease traffic congestion in Mumbai
📝 Ola founder Bhavish Aggarwal to invest Rs 2,000 crore in AI firm Krutrim
📝 Elan Group to invest Rs 3,000 cr for building housing project in Gurugram
📝 RBI may use CRR as regulatory tool, repo rate cuts likely in 2025: SBI
📝 Dabur reduces strategic review cycle to 3 years amidst FMCG slowdown
📝 Nestle plans to sell Starbucks ready-to-drink coffee in India retail market
📝 OYO to invest £50 million in the UK for 3 years to expand premium hotels
*Economic Times*
📝 L&T to set up pellet, DRI plant in Middle East & North Africa region
📝 Increase in FDI limit in insurance sector to woo more foreign players: Moody's
📝 Cybersecurity firm SailPoint seeks up to $11.5 billion valuation in US IPO
📝 Mobikwik slips into losses despite operating revenue going up 18% to Rs 270 crore
📝 GST Council to soon take decision on rates, number of slabs: FM Sitharaman
📝 Indian exporters likely to gain from US-China trade war: Sources
📝 Bajaj Finserv still in talks to sail solo, eyes Allianz exit
📝 Alphabet faces scrutiny on AI spending as Google cloud growth slows
📝 India's passenger vehicle industry to see modest 1.5% growth in FY25: Report
📝 Welspun New Energy inks pact with Odisha for Rs 13,500-cr clean energy projects
📝 Ujjivan Small Finance Bank seeks universal banking licence
📝 RBI clears sale of Tata Communications’ payment arm to Australian fintech Findi
*Mint*
📝 Income tax cut unlikely to translate into higher auto sales, says Nomura
📝 Bajaj Finance raises ₹533 crore via issuance of NCD through private placement
📝 Asian Paints Q3 Results: Net profit falls 23.3% YoY to ₹1,110.48 crore
📝 Netflix joins tech giants in AI rat race, seeks top talent with $1 million offer
📝 Indian edtech ecosystem to see further integration of traditional models
📝 ATM cash withdrawal to become costly? RBI plans to raise interchange fee: Report
📝 BNP Paribas announces $1.1 billion buyback, higher dividend amid strong Q4 show
📝 US FDA greenlights clinical trials for pig kidney transplants in humans
📝 Indonesian fund, Mitsui vie for $300 mln stake in toll operator RKE, sources say
📝 China files WTO complaint, calls US tariffs ‘malicious’ trade tactic
📝 Energy transition, security top global priorities: IEA official.
*🇮🇳India Daybook – Stocks in News*
*JG Chemicals:* Net profit at Rs. 17.0 cr vs Rs 10.0 cr, Revenue at Rs. 209 cr vs Rs 160 cr (YoY) (Positive)
*JB Chemicals:* Net profit at Rs. 162.5 cr vs Rs 133.6 cr, Revenue at Rs. 964 cr vs Rs 844 cr (YoY) (Positive)
*GeeCee Ventures:* Net profit at Rs. 19.5 cr vs Rs 9 cr, Revenue at Rs. 58 cr vs Rs 13 cr (YoY) (Positive)
*Bharat Bijlee:* Net profit at Rs. 29.6 cr vs Rs 18.8 cr, Revenue at Rs. 514 cr vs Rs 424 cr (YoY) (Positive)
*JKumar Infra:* Net profit at Rs. 100 cr vs Rs 82 cr, Revenue at Rs. 1486 cr vs Rs 1218 cr (YoY) (Positive)
*VMART Retail:* Net profit at Rs. 72 cr vs Rs 28 cr, Revenue at Rs. 1026 cr vs Rs 889 cr (YoY) (Positive)
*India Glycol:* Net profit at Rs 56.8 cr vs Rs 41.6 cr, Revenue at Rs 975.2 cr vs Rs 904.3 cr (YoY) (Positive)
*Interarch Building:* Net profit at Rs. 28.2 cr vs Rs 22.0 cr, Revenue at Rs. 364 cr vs Rs 316 cr (YoY) (Positive)
*Tamilnadu Petro:* Net profit at Rs. 11.7 cr vs Rs 4.5 cr, Revenue at Rs. 466 cr vs Rs 354 cr (YoY) (Positive)
*Azad Eng:* Net profit at Rs. 23.7 cr vs Rs 16.8 cr, Revenue at Rs. 120 cr vs Rs 89 cr (YoY) (Positive)
*Niva Bupa Health:* Net profit at Rs. 13.2 cr vs Rs 4.6 cr, Net premium written at Rs. 1150 cr vs Rs 1120 cr (YoY) (Positive)
*Apollo Micro:* Net profit at Rs. 18.2 cr vs Rs 9.9 cr, Revenue at Rs. 148 cr vs Rs 91 cr (YoY) (Positive)
*Dhanlaxmi Bank:* Net profit at Rs. 19.9 cr vs Rs 3.0 cr, NII at Rs. 128.3 cr vs Rs 114.0 cr (YoY) (Positive)
*PC Jewelers:* Net profit at Rs. 148.0 cr vs loss Rs 197.9 cr, Revenue at Rs. 639.5 cr vs Rs 40.1 cr (YoY) (Positive)
*Whirlpool India:* Net profit at Rs. 44 cr vs Rs 28 cr, Revenue at Rs. 1705 cr vs Rs 1536 cr (YoY) (Positive)
*Global Health:* Net profit at Rs 143 cr vs Rs 124 cr, Revenue at Rs. 943 cr vs Rs 836 cr (YoY) (Positive)
*Tata Power:* Net profit at Rs. 1187.5 cr vs Rs 1076 cr, Revenue at Rs. 15,391 cr vs Rs 14,651 cr (YoY) (Positive)
*Alkem Laboratories:* Company launches Kojiglo Serum in India for managing facial hyperpigmentation. (Positive)
*Lupin:* Company receives USFDA nod for generic HIC drug. (Positive)
*Prism Johnson:* Company Approves Sale of Part of Industrial Premises at Tile Plant to JSW Steel, Deal for Rs 1.65 Billion. (Positive)
*VVIP Infratech:* Company launches Real Estate Project in Greater Noida West, Estimated Revenue from Project to Be Rs 9 Billion over Next Four Years (Positive)
*NCL Ind:* NLCIL awarded the third commercial coal mine in Odisha. (Positive)
*Amber Ent:* Groundbreaking for a new IL JIN Electronics facility in Pune. (Positive)
*Affle:* Company Got Patent for System for Switching Between Conversational Agents. (Positive)
*Delta Corp:* Deltin Royale to be replaced by bigger, modern floating casino in 2025. (Positive)
*Rail Vikas Nigam Limited:* Company has received Letter of Acceptance from East Coast Railway for “Koraput-Singapur Road Doubling Project worth of Rs 404.4 crore. (Positive)
*RCF:* Company has started commercial production of Nano Urea at its Trombay Unit. (Positive)
*MTNL:* Asset monetization of MTNL and BSNL worth of Rs 16000 crore likely to be cleared soon: CNBC (Posiitve)
*Tilaknagar:* Net profit at Rs 53.9 cr vs Rs 43.8 cr, Revenue at Rs 340.0 cr vs Rs 376.0 cr (YoY) (Neutral)
*Torrent Power:* Net profit at Rs 489.3 cr vs Rs 374.1 cr, Revenue at Rs 6,499.4 cr vs Rs 6,366 cr (YoY) (Neutral)
*Metropolis:* Net profit at Rs 31.4 cr vs Rs 27.2 cr, Revenue at Rs 322.8 cr vs Rs 291 cr (YoY) (Neutral)
*Titan:* Net profit at Rs. 990 cr vs Rs 1040 cr, Revenue at Rs. 16,097 cr vs Rs 13,052 cr (YoY) (Neutral)
*Sterling Tools:* Net profit at Rs. 13.6 cr vs Rs 13.5 cr, Revenue at Rs. 260 cr vs Rs 230 cr (YoY) (Neutral)
*Welspun Ent:* Net profit at Rs.77.5 cr vs Rs 89.5 cr, Revenue at Rs. 866.9 cr vs Rs 706.7 cr (YoY) (Neutral)
*Linc:* Net profit at Rs.8.8 cr vs Rs 7.5 cr, Revenue at Rs. 118 cr vs Rs 120 cr (YoY) (Neutral)
*BASF:* Net profit at Rs.103.6 cr vs Rs 140.0 cr, Revenue at Rs. 3758 cr vs Rs 3326 cr (YoY) (Neutral)
*JG Chemicals:* Net profit at Rs. 17.0 cr vs Rs 10.0 cr, Revenue at Rs. 209 cr vs Rs 160 cr (YoY) (Positive)
*JB Chemicals:* Net profit at Rs. 162.5 cr vs Rs 133.6 cr, Revenue at Rs. 964 cr vs Rs 844 cr (YoY) (Positive)
*GeeCee Ventures:* Net profit at Rs. 19.5 cr vs Rs 9 cr, Revenue at Rs. 58 cr vs Rs 13 cr (YoY) (Positive)
*Bharat Bijlee:* Net profit at Rs. 29.6 cr vs Rs 18.8 cr, Revenue at Rs. 514 cr vs Rs 424 cr (YoY) (Positive)
*JKumar Infra:* Net profit at Rs. 100 cr vs Rs 82 cr, Revenue at Rs. 1486 cr vs Rs 1218 cr (YoY) (Positive)
*VMART Retail:* Net profit at Rs. 72 cr vs Rs 28 cr, Revenue at Rs. 1026 cr vs Rs 889 cr (YoY) (Positive)
*India Glycol:* Net profit at Rs 56.8 cr vs Rs 41.6 cr, Revenue at Rs 975.2 cr vs Rs 904.3 cr (YoY) (Positive)
*Interarch Building:* Net profit at Rs. 28.2 cr vs Rs 22.0 cr, Revenue at Rs. 364 cr vs Rs 316 cr (YoY) (Positive)
*Tamilnadu Petro:* Net profit at Rs. 11.7 cr vs Rs 4.5 cr, Revenue at Rs. 466 cr vs Rs 354 cr (YoY) (Positive)
*Azad Eng:* Net profit at Rs. 23.7 cr vs Rs 16.8 cr, Revenue at Rs. 120 cr vs Rs 89 cr (YoY) (Positive)
*Niva Bupa Health:* Net profit at Rs. 13.2 cr vs Rs 4.6 cr, Net premium written at Rs. 1150 cr vs Rs 1120 cr (YoY) (Positive)
*Apollo Micro:* Net profit at Rs. 18.2 cr vs Rs 9.9 cr, Revenue at Rs. 148 cr vs Rs 91 cr (YoY) (Positive)
*Dhanlaxmi Bank:* Net profit at Rs. 19.9 cr vs Rs 3.0 cr, NII at Rs. 128.3 cr vs Rs 114.0 cr (YoY) (Positive)
*PC Jewelers:* Net profit at Rs. 148.0 cr vs loss Rs 197.9 cr, Revenue at Rs. 639.5 cr vs Rs 40.1 cr (YoY) (Positive)
*Whirlpool India:* Net profit at Rs. 44 cr vs Rs 28 cr, Revenue at Rs. 1705 cr vs Rs 1536 cr (YoY) (Positive)
*Global Health:* Net profit at Rs 143 cr vs Rs 124 cr, Revenue at Rs. 943 cr vs Rs 836 cr (YoY) (Positive)
*Tata Power:* Net profit at Rs. 1187.5 cr vs Rs 1076 cr, Revenue at Rs. 15,391 cr vs Rs 14,651 cr (YoY) (Positive)
*Alkem Laboratories:* Company launches Kojiglo Serum in India for managing facial hyperpigmentation. (Positive)
*Lupin:* Company receives USFDA nod for generic HIC drug. (Positive)
*Prism Johnson:* Company Approves Sale of Part of Industrial Premises at Tile Plant to JSW Steel, Deal for Rs 1.65 Billion. (Positive)
*VVIP Infratech:* Company launches Real Estate Project in Greater Noida West, Estimated Revenue from Project to Be Rs 9 Billion over Next Four Years (Positive)
*NCL Ind:* NLCIL awarded the third commercial coal mine in Odisha. (Positive)
*Amber Ent:* Groundbreaking for a new IL JIN Electronics facility in Pune. (Positive)
*Affle:* Company Got Patent for System for Switching Between Conversational Agents. (Positive)
*Delta Corp:* Deltin Royale to be replaced by bigger, modern floating casino in 2025. (Positive)
*Rail Vikas Nigam Limited:* Company has received Letter of Acceptance from East Coast Railway for “Koraput-Singapur Road Doubling Project worth of Rs 404.4 crore. (Positive)
*RCF:* Company has started commercial production of Nano Urea at its Trombay Unit. (Positive)
*MTNL:* Asset monetization of MTNL and BSNL worth of Rs 16000 crore likely to be cleared soon: CNBC (Posiitve)
*Tilaknagar:* Net profit at Rs 53.9 cr vs Rs 43.8 cr, Revenue at Rs 340.0 cr vs Rs 376.0 cr (YoY) (Neutral)
*Torrent Power:* Net profit at Rs 489.3 cr vs Rs 374.1 cr, Revenue at Rs 6,499.4 cr vs Rs 6,366 cr (YoY) (Neutral)
*Metropolis:* Net profit at Rs 31.4 cr vs Rs 27.2 cr, Revenue at Rs 322.8 cr vs Rs 291 cr (YoY) (Neutral)
*Titan:* Net profit at Rs. 990 cr vs Rs 1040 cr, Revenue at Rs. 16,097 cr vs Rs 13,052 cr (YoY) (Neutral)
*Sterling Tools:* Net profit at Rs. 13.6 cr vs Rs 13.5 cr, Revenue at Rs. 260 cr vs Rs 230 cr (YoY) (Neutral)
*Welspun Ent:* Net profit at Rs.77.5 cr vs Rs 89.5 cr, Revenue at Rs. 866.9 cr vs Rs 706.7 cr (YoY) (Neutral)
*Linc:* Net profit at Rs.8.8 cr vs Rs 7.5 cr, Revenue at Rs. 118 cr vs Rs 120 cr (YoY) (Neutral)
*BASF:* Net profit at Rs.103.6 cr vs Rs 140.0 cr, Revenue at Rs. 3758 cr vs Rs 3326 cr (YoY) (Neutral)
*Dalmia Bharat:* Net profit at Rs. 31 cr vs Rs 109 cr, Revenue at Rs. 2272 cr, decline of 2.4% (YoY). (Neutral)
*Torrent Power:* Net profit at Rs. 489 cr vs Rs 374 cr, Revenue at Rs. 6499 cr vs Rs 6366 cr (YoY) (Neutral)
*Zomato:* Company gets favorable order dropping GST demand order of Rs 5.90 cr and penalty of Rs 5.90 cr for period July 2017 to March 2021 (Neutral)
*HB Leasing:* Company announced the resignation of its Company Secretary and Compliance Officer, Ms. Sonali Sharma (Neutral)
*Minda Corporation:* Company Invested Rs150 Million in Spark Minda Green Mobility Systems. (Neutral)
*One 97 Communications:* Company received a penalty demand order of Rs 1.19 Cr from the CGST Department. (Neutral)
*Info Edge:* Along with results, Board to also consider Stock Split (Neutral)
*Ujjivan SFB:* Bank Has Submitted the Formal Application to the Reserve Bank of India for Universal Banking License. (Neutral)
*Sun Pharma:* Philogen Completes Patient Enrollment of the Phase Iii Fibrosarc Trial in Soft Tissue Sarcoma. (Neutral)
*Indian Energy Exchange:* Company achieves 10,910 MU Traded Volume in January, Up 16% (YoY), Average Dam Price at 4.43 Rupees/Unit, Down 24% (YoY) (Neutral)
*Max Fin:* Axis Max Life Insurance to raise INR 1300 crore via NCDs (Neutral)
*Swelect Energy:* Company Approved Issuance of NCDS Worth Rs 1.39 Billion. (Neutral)
*Aditya Birla Capital*: Company Tax Demand Revised To Rs 1.84 Billion after Rectification Order (Neutral)
*CL Educate:* Net Loss at Rs 3.1 cr vs Profit of Rs 2.9 cr, Revenue at Rs. 70.5 cr vs Rs 66.4 cr (YoY)
*Maan Aluminium:* Net profit at Rs. 3.1 cr vs Rs 7.4 cr, Revenue at Rs. 180 cr vs Rs 213 cr (YoY).
*Triveni Eng:* Net profit at Rs. 42.6 cr vs Rs 137.4 cr, Revenue at Rs. 1600 cr vs Rs 1554 cr (YoY).
*JK Tyre:* Net profit at Rs. 51.5 cr vs Rs 220.9 cr, Revenue at Rs. 3673 cr vs Rs 3687 cr (YoY).
*Gandhar Oil Refinery:* Net profit at Rs. 19.3 cr vs Rs 47.3 cr, Revenue at Rs. 1000 cr vs Rs 1100 cr (YoY).
*Kirloskar Ferrous:* Net profit at Rs 54.3 cr vs Rs 105.3 cr, Revenue at Rs 1,607.6 cr vs Rs 1,548.2 cr (YoY)
*TTK Healthcare:* Company Have Been Issued a Stop Work Order for 90 Days by USAID, Not Able To Quantify Financial Implications on Operations of USAID Order
*Sun Pharma:* Company gets tax GST penalty of Rs 160 cr
*ICICI Lombard:* Company received tax demand of Rs 1191.5 crore from the Additional Commissioner of CGST & Central Excise, Palghar Commissionerate.
*Godfrey Philips:* Company received tax demand of Rs 82.9 crore from the Office of the Commissioner of CGST and Central Excise, Belapur.
*JTKET:* Company received tax demand of Rs 28.7 crore under Section 74 of the CGST Act, 2017.
*United Spirits:* Company received additional tax demand of Rs 147.4 crore from a revised Income Tax assessment order for FY 2014-15.
*ICRA Limited:* Company has received an administrative warning from SEBI on February 4, 2025 regarding non-compliance with Regulation 14
*Hero MotoCorp:* Company gets two GST penalty demand orders of ₹456 cr
*RPSG Ventures:* Guiltfree Industries received a tax demand of Rs. 78.28 Cr.
*Torrent Power:* Net profit at Rs. 489 cr vs Rs 374 cr, Revenue at Rs. 6499 cr vs Rs 6366 cr (YoY) (Neutral)
*Zomato:* Company gets favorable order dropping GST demand order of Rs 5.90 cr and penalty of Rs 5.90 cr for period July 2017 to March 2021 (Neutral)
*HB Leasing:* Company announced the resignation of its Company Secretary and Compliance Officer, Ms. Sonali Sharma (Neutral)
*Minda Corporation:* Company Invested Rs150 Million in Spark Minda Green Mobility Systems. (Neutral)
*One 97 Communications:* Company received a penalty demand order of Rs 1.19 Cr from the CGST Department. (Neutral)
*Info Edge:* Along with results, Board to also consider Stock Split (Neutral)
*Ujjivan SFB:* Bank Has Submitted the Formal Application to the Reserve Bank of India for Universal Banking License. (Neutral)
*Sun Pharma:* Philogen Completes Patient Enrollment of the Phase Iii Fibrosarc Trial in Soft Tissue Sarcoma. (Neutral)
*Indian Energy Exchange:* Company achieves 10,910 MU Traded Volume in January, Up 16% (YoY), Average Dam Price at 4.43 Rupees/Unit, Down 24% (YoY) (Neutral)
*Max Fin:* Axis Max Life Insurance to raise INR 1300 crore via NCDs (Neutral)
*Swelect Energy:* Company Approved Issuance of NCDS Worth Rs 1.39 Billion. (Neutral)
*Aditya Birla Capital*: Company Tax Demand Revised To Rs 1.84 Billion after Rectification Order (Neutral)
*CL Educate:* Net Loss at Rs 3.1 cr vs Profit of Rs 2.9 cr, Revenue at Rs. 70.5 cr vs Rs 66.4 cr (YoY)
*Maan Aluminium:* Net profit at Rs. 3.1 cr vs Rs 7.4 cr, Revenue at Rs. 180 cr vs Rs 213 cr (YoY).
*Triveni Eng:* Net profit at Rs. 42.6 cr vs Rs 137.4 cr, Revenue at Rs. 1600 cr vs Rs 1554 cr (YoY).
*JK Tyre:* Net profit at Rs. 51.5 cr vs Rs 220.9 cr, Revenue at Rs. 3673 cr vs Rs 3687 cr (YoY).
*Gandhar Oil Refinery:* Net profit at Rs. 19.3 cr vs Rs 47.3 cr, Revenue at Rs. 1000 cr vs Rs 1100 cr (YoY).
*Kirloskar Ferrous:* Net profit at Rs 54.3 cr vs Rs 105.3 cr, Revenue at Rs 1,607.6 cr vs Rs 1,548.2 cr (YoY)
*TTK Healthcare:* Company Have Been Issued a Stop Work Order for 90 Days by USAID, Not Able To Quantify Financial Implications on Operations of USAID Order
*Sun Pharma:* Company gets tax GST penalty of Rs 160 cr
*ICICI Lombard:* Company received tax demand of Rs 1191.5 crore from the Additional Commissioner of CGST & Central Excise, Palghar Commissionerate.
*Godfrey Philips:* Company received tax demand of Rs 82.9 crore from the Office of the Commissioner of CGST and Central Excise, Belapur.
*JTKET:* Company received tax demand of Rs 28.7 crore under Section 74 of the CGST Act, 2017.
*United Spirits:* Company received additional tax demand of Rs 147.4 crore from a revised Income Tax assessment order for FY 2014-15.
*ICRA Limited:* Company has received an administrative warning from SEBI on February 4, 2025 regarding non-compliance with Regulation 14
*Hero MotoCorp:* Company gets two GST penalty demand orders of ₹456 cr
*RPSG Ventures:* Guiltfree Industries received a tax demand of Rs. 78.28 Cr.
Corporate Actions
Dividend
05-Feb-25
COROMANDEL: Interim Dividend - Rs. - 6.00
GTV: Interim Dividend - Rs. - 0.50
IMFA: Interim Dividend - Rs. - 5.00
LALPATHLAB: Interim Dividend - Rs. - 6.00
MANBA: Interim Dividend - Rs. - 0.25
MASFIN: Interim Dividend - Rs. - 1.00
SHREECEM: Interim Dividend - Rs. - 50.00
SMCGLOBAL: Interim Dividend - Rs. - 1.20
SONACOMS: Interim Dividend - Rs. - 1.60
06-Feb-25
CONCOR: Interim Dividend - Rs. - 4.25
IMPAL: Interim Dividend - Rs. - 10.00
IRB: Interim Dividend - Rs. - 0.10
SHARDACROP: Interim Dividend - Rs. - 3.00
SUNPHARMA: Interim Dividend - Rs. - 10.50
TRITURBINE: Interim Dividend - Rs. - 2.00
07-Feb-25
BANARBEADS: Interim Dividend - Rs. - 2.25
CAMS: Interim Dividend - Rs. - 17.50
CHOLAFIN: Interim Dividend - Rs. - 1.30
CLEAN: Interim Dividend - Rs. - 2.00
EPIGRAL: Interim Dividend - Rs. - 2.50
GAIL: Interim Dividend - Rs. - 6.50
GATEWAY: Interim Dividend - Rs. - 0.75
GRSE: Interim Dividend - Rs. - 8.95
JGTL: Interim Dividend - Rs. - 5.00
JSL: Interim Dividend - Rs. - 1.00
JULIEN: Interim Dividend - Rs. - 0.05
KIRLPNU: Interim Dividend - Rs. - 3.50
KPRMILL: Interim Dividend - Rs. - 2.50
MARICO: Interim Dividend - Rs. - 3.50
NESTLEIND: Interim Dividend - Rs. - 14.25
NLCINDIA: Interim Dividend - Rs. - 1.50
ONGC: Interim Dividend - Rs. - 5.00
POWERGRID: Interim Dividend - Rs. - 3.25
QUESS: Interim Dividend - Rs. - 4.00
SHANTIGEAR: Interim Dividend - Rs. - 3.00
SHYAMMETL: Interim Dividend - Rs. - 2.25
STEELCAS: Interim Dividend - Rs. - 1.80
TIINDIA: Interim Dividend - Rs. - 2.00
VAIBHAVGBL: Interim Dividend - Rs. - 1.50
WEL: Interim Dividend - Rs. - 0.10
10-Feb-25
ASTERDM: Interim Dividend - Rs. - 4.00
INDTONER: Interim Dividend - Rs. - 4.50
SURAJLTD: Interim Dividend - Rs. - 1.50
IPO
---
Buyback
---
Bonus
Redtape: Bonus Issue 3:1; Ex-Date: 04-Feb-25
Thinkink Picturez: Bonus Issue 2:1; Ex-Date: 05-Feb-25
Sangam Finserv: Bonus Issue 4:1; Ex-Date: 07-Feb-25
Stock Split
Minolta Finance: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 06-Feb-25
Ksolves India: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 06-Feb-25
Rama Phosphates: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25
AGI Infra: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25
T T Ltd.: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 12-Feb-25
Conart Engineers: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 18-Feb-25
Right Issue
Harshil Agrotech: Ex-Date: 05-Feb-25
Ganesh Holdings: Ex-Date: 05-Feb-25
Kairosoft AI Solutions: Ex-Date: 05-Feb-25
GTT Data Solutions: Open: 27-Jan-25; Close: 04-Feb-24
Harshil Agrotech: Open: 10-Jan-25; Close: 05-Feb-24
Globe Textiles (India): Open: 24-Jan-25; Close: 06-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24
Ultracab (India): Open: 28-Jan-25; Close: 11-Feb-24
Iel: Open: 04-Feb-25; Close: 21-Feb-24
Open Offer
Religare Enterprises: Open: 27-Jan-25; Close: 07-Feb-24
LKP Finance: Open: 29-Jan-25; Close: 11-Feb-24
Dividend
05-Feb-25
COROMANDEL: Interim Dividend - Rs. - 6.00
GTV: Interim Dividend - Rs. - 0.50
IMFA: Interim Dividend - Rs. - 5.00
LALPATHLAB: Interim Dividend - Rs. - 6.00
MANBA: Interim Dividend - Rs. - 0.25
MASFIN: Interim Dividend - Rs. - 1.00
SHREECEM: Interim Dividend - Rs. - 50.00
SMCGLOBAL: Interim Dividend - Rs. - 1.20
SONACOMS: Interim Dividend - Rs. - 1.60
06-Feb-25
CONCOR: Interim Dividend - Rs. - 4.25
IMPAL: Interim Dividend - Rs. - 10.00
IRB: Interim Dividend - Rs. - 0.10
SHARDACROP: Interim Dividend - Rs. - 3.00
SUNPHARMA: Interim Dividend - Rs. - 10.50
TRITURBINE: Interim Dividend - Rs. - 2.00
07-Feb-25
BANARBEADS: Interim Dividend - Rs. - 2.25
CAMS: Interim Dividend - Rs. - 17.50
CHOLAFIN: Interim Dividend - Rs. - 1.30
CLEAN: Interim Dividend - Rs. - 2.00
EPIGRAL: Interim Dividend - Rs. - 2.50
GAIL: Interim Dividend - Rs. - 6.50
GATEWAY: Interim Dividend - Rs. - 0.75
GRSE: Interim Dividend - Rs. - 8.95
JGTL: Interim Dividend - Rs. - 5.00
JSL: Interim Dividend - Rs. - 1.00
JULIEN: Interim Dividend - Rs. - 0.05
KIRLPNU: Interim Dividend - Rs. - 3.50
KPRMILL: Interim Dividend - Rs. - 2.50
MARICO: Interim Dividend - Rs. - 3.50
NESTLEIND: Interim Dividend - Rs. - 14.25
NLCINDIA: Interim Dividend - Rs. - 1.50
ONGC: Interim Dividend - Rs. - 5.00
POWERGRID: Interim Dividend - Rs. - 3.25
QUESS: Interim Dividend - Rs. - 4.00
SHANTIGEAR: Interim Dividend - Rs. - 3.00
SHYAMMETL: Interim Dividend - Rs. - 2.25
STEELCAS: Interim Dividend - Rs. - 1.80
TIINDIA: Interim Dividend - Rs. - 2.00
VAIBHAVGBL: Interim Dividend - Rs. - 1.50
WEL: Interim Dividend - Rs. - 0.10
10-Feb-25
ASTERDM: Interim Dividend - Rs. - 4.00
INDTONER: Interim Dividend - Rs. - 4.50
SURAJLTD: Interim Dividend - Rs. - 1.50
IPO
---
Buyback
---
Bonus
Redtape: Bonus Issue 3:1; Ex-Date: 04-Feb-25
Thinkink Picturez: Bonus Issue 2:1; Ex-Date: 05-Feb-25
Sangam Finserv: Bonus Issue 4:1; Ex-Date: 07-Feb-25
Stock Split
Minolta Finance: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 06-Feb-25
Ksolves India: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 06-Feb-25
Rama Phosphates: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25
AGI Infra: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25
T T Ltd.: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 12-Feb-25
Conart Engineers: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 18-Feb-25
Right Issue
Harshil Agrotech: Ex-Date: 05-Feb-25
Ganesh Holdings: Ex-Date: 05-Feb-25
Kairosoft AI Solutions: Ex-Date: 05-Feb-25
GTT Data Solutions: Open: 27-Jan-25; Close: 04-Feb-24
Harshil Agrotech: Open: 10-Jan-25; Close: 05-Feb-24
Globe Textiles (India): Open: 24-Jan-25; Close: 06-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24
Ultracab (India): Open: 28-Jan-25; Close: 11-Feb-24
Iel: Open: 04-Feb-25; Close: 21-Feb-24
Open Offer
Religare Enterprises: Open: 27-Jan-25; Close: 07-Feb-24
LKP Finance: Open: 29-Jan-25; Close: 11-Feb-24
Forthcoming Event
05th February: AARTIPHARM, BECTORFOOD, CMSINFO, CUMMINSIND, DHRUV, DISAQ, PAGEIND, SYMPHONY, TANAA, VEEDOL, VRLLOG to consider Dividend; Panabyte Technologies, Shah Metacorp, Medi Assist Healthcare Services to consider Fund Raising; Info Edge (India) to consider Stock Split
06th February: BDL, BEML, COCHINSHIP, EXPLEOSOL, GREENPANEL, GULFOILLUB, HEROMOTOCO, ITC, MINDACORP, MRF, PIIND, PREMCO, RECLTD, TCIEXP, UNIPARTS to consider Dividend; Aadhar Housing Finance, Dipna Pharmachem, India Shelter Finance Corporation, Max India to consider Fund Raising; UNO Minda to consider Dividend & Fund Raising; Visagar Polytex to consider Scheme of Arrangement; Pervasive Commodities to consider Stock Split
07th February: ALKEM, FSL, GOLDIAM, NHPC, UNIDT to consider Dividend; Edelweiss Financial Services, Remsons Industries to consider Fund Raising
08th February: BANCOINDIA to consider Dividend; Exxaro Tiles to consider Fund Raising; Exxaro Tiles to consider Fund Raising
10th February: 7TEC, CRISIL, ESABINDIA, ESCORTS, GILLETTE, HONDAPOWER, MSTCLTD to consider Dividend; Fiberweb (India) to consider Fund Raising
11th February: IRCTC, MOIL, NBCC, PGHH to consider Dividend; BLS International Services to consider Voluntary Delisting
12th February: AMRUTANJAN, NATCOPHARM, PGHL, SUPRAJIT to consider Dividend; Muthoot Finance to consider Fund Raising
13th February: MANAPPURAM, MODISONLTD to consider Dividend; Bal Pharma to consider Fund Raising
14th February: PRITHVIEXCH to consider Dividend;
17th February: ABB to consider Dividend;
05th February: AARTIPHARM, BECTORFOOD, CMSINFO, CUMMINSIND, DHRUV, DISAQ, PAGEIND, SYMPHONY, TANAA, VEEDOL, VRLLOG to consider Dividend; Panabyte Technologies, Shah Metacorp, Medi Assist Healthcare Services to consider Fund Raising; Info Edge (India) to consider Stock Split
06th February: BDL, BEML, COCHINSHIP, EXPLEOSOL, GREENPANEL, GULFOILLUB, HEROMOTOCO, ITC, MINDACORP, MRF, PIIND, PREMCO, RECLTD, TCIEXP, UNIPARTS to consider Dividend; Aadhar Housing Finance, Dipna Pharmachem, India Shelter Finance Corporation, Max India to consider Fund Raising; UNO Minda to consider Dividend & Fund Raising; Visagar Polytex to consider Scheme of Arrangement; Pervasive Commodities to consider Stock Split
07th February: ALKEM, FSL, GOLDIAM, NHPC, UNIDT to consider Dividend; Edelweiss Financial Services, Remsons Industries to consider Fund Raising
08th February: BANCOINDIA to consider Dividend; Exxaro Tiles to consider Fund Raising; Exxaro Tiles to consider Fund Raising
10th February: 7TEC, CRISIL, ESABINDIA, ESCORTS, GILLETTE, HONDAPOWER, MSTCLTD to consider Dividend; Fiberweb (India) to consider Fund Raising
11th February: IRCTC, MOIL, NBCC, PGHH to consider Dividend; BLS International Services to consider Voluntary Delisting
12th February: AMRUTANJAN, NATCOPHARM, PGHL, SUPRAJIT to consider Dividend; Muthoot Finance to consider Fund Raising
13th February: MANAPPURAM, MODISONLTD to consider Dividend; Bal Pharma to consider Fund Raising
14th February: PRITHVIEXCH to consider Dividend;
17th February: ABB to consider Dividend;
Annexure_February_2025.xls
211 KB
Change in Price band of more then 600+ Scrips #bse @AlliesFin
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON 05-02-2025 :
FIIS F & O : RS. CRS. :
TOTAL NET SELL : -18867 😭
INDEX FUT. : +633
INDEX OPT. : -15691
STOCK FUT. : -2638
STOCK OPT. : -971
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 05-02-2025 :
FIIS : SELL -1,683 (14,112-15,795) 😥
DIIS : BUY +996 (12,860-11,864) 😊
BSE SENSEX : -312 (78,271)🔽
NSE NIFTY : -43 (23,696)🔽
BSE MIDCAP. : +299 (43,374)🔼
BSE SMLCAP. : +708 (50,507)🔼
B. CRUDE : $ 75.52 🔼😩
GOLD:$ 2,860=INR 86,000(10gr)🔼😊
SILVER : RS. 97,500 (kg)🔼😊
FOREX : RS. $ 87.47 🔽 😥
6.79% NEW '34: 6.6616%(100.8925)🔽🙂
7.10% GOI '34: 6.7196% (102.56)🔽🙂
6.92% GOI '39: 6.8069% (101.03)🔽🙂
FIIS F & O : RS. CRS. :
TOTAL NET SELL : -18867 😭
INDEX FUT. : +633
INDEX OPT. : -15691
STOCK FUT. : -2638
STOCK OPT. : -971
INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 05-02-2025 :
FIIS : SELL -1,683 (14,112-15,795) 😥
DIIS : BUY +996 (12,860-11,864) 😊
BSE SENSEX : -312 (78,271)🔽
NSE NIFTY : -43 (23,696)🔽
BSE MIDCAP. : +299 (43,374)🔼
BSE SMLCAP. : +708 (50,507)🔼
B. CRUDE : $ 75.52 🔼😩
GOLD:$ 2,860=INR 86,000(10gr)🔼😊
SILVER : RS. 97,500 (kg)🔼😊
FOREX : RS. $ 87.47 🔽 😥
6.79% NEW '34: 6.6616%(100.8925)🔽🙂
7.10% GOI '34: 6.7196% (102.56)🔽🙂
6.92% GOI '39: 6.8069% (101.03)🔽🙂
*News Headlines from Business News Agencies:*
*Business Standard*
📝 IBBI proposes coordinated insolvency resolution for interconnected entities
📝 Govt expands quality compliance requirements for over 150 products
📝 Opening up high-band spectrum not enough for 5G, 6 GHz band needed: Telcos
📝 NaBFID extends Rs 2,000 crore loan to Blackstone-backed data centre
📝 Apex Kidney Care secures FDI worth $9 mn from Swiss Blue Earth Capital
📝 India's student housing market expected to expand as demand rises
📝 PM Gati Shakti, logistics policy to push India's World Bank ranking: Report
📝 Govt issues notice to Kia for $155 mn tax evasion, company denies charges
📝 Atlantia Electricals files IPO papers with Sebi, aims to raise Rs 400 cr
📝 Page Industries Q3 results: Net profit rises to Rs 205 cr, revenue up 7%
📝 NSE Clearing fails to meet liquidity norms; reports Rs 176.65 cr shortfall
📝 BlackRock to hire 1,200 employees in India to expand AI and support hubs
*Economic Times*
📝 Info Edge’s Q3 net profit surges 2.5 times to Rs 288.4 crore
📝 India to review tariff surcharges on luxury cars, solar cells, may spur US imports
📝 Zydus Lifesciences Q3 Results: Net profit jumps 30% to Rs 1023 crore
📝 Uber to launch Waymo Robotaxis in Austin
📝 NetSuite opens data centres in Mumbai, Hyderabad; aims to tap Indian SMBs
📝 Consumer electronics manufacturers expand horizons, leverage govt incentives
📝 Happiest Minds Q3 profit dips 16%, revenue up 27%
📝 India, Oman FTA talks progressing; both sides to hold another round of negotiations: Official
📝 Quant Mutual Fund announces change in fund management of 27 schemes
📝 Euro zone business activity returns to growth in Jan, PMI shows
📝 JSW to invest Rs 16,000cr in power project in Bengal, eyes future expansion
*Mint*
📝 Godrej Properties sells ₹28,800cr worth properties in 2024, highest among listed players
📝 Mukesh Ambani announces fresh investment of ₹50,000 crore in Bengal by 2030
📝 Nestle India’s not brewing enough growth as cost, demand woes pinch
📝 RBI starts deliberations on interest rate amid expectations of 25-bps cut
📝 Hind Rectifiers to set arm for AI, Web3 solutions, expand Nashik facility
📝 Chemicals maker BASF India Q3 profit falls on higher input costs
📝 Gold demand in India sees 5 pc rise at 802.8 tonnes in 2024, 2025 projection at 700-800 tonnes: WGC
📝 Byju’s insolvency: Suspended directors challenge NCLT ruling reinstating lenders
📝 Gold’s Appeal to Central Banks Seen Underpinning Demand in 2025
📝 Tech layoffs 2025: ADM and Salesforce announce job cuts
📝 Weddings spends rise 28% in the last two years to ₹32-35 lakh: report
*Business Standard*
📝 IBBI proposes coordinated insolvency resolution for interconnected entities
📝 Govt expands quality compliance requirements for over 150 products
📝 Opening up high-band spectrum not enough for 5G, 6 GHz band needed: Telcos
📝 NaBFID extends Rs 2,000 crore loan to Blackstone-backed data centre
📝 Apex Kidney Care secures FDI worth $9 mn from Swiss Blue Earth Capital
📝 India's student housing market expected to expand as demand rises
📝 PM Gati Shakti, logistics policy to push India's World Bank ranking: Report
📝 Govt issues notice to Kia for $155 mn tax evasion, company denies charges
📝 Atlantia Electricals files IPO papers with Sebi, aims to raise Rs 400 cr
📝 Page Industries Q3 results: Net profit rises to Rs 205 cr, revenue up 7%
📝 NSE Clearing fails to meet liquidity norms; reports Rs 176.65 cr shortfall
📝 BlackRock to hire 1,200 employees in India to expand AI and support hubs
*Economic Times*
📝 Info Edge’s Q3 net profit surges 2.5 times to Rs 288.4 crore
📝 India to review tariff surcharges on luxury cars, solar cells, may spur US imports
📝 Zydus Lifesciences Q3 Results: Net profit jumps 30% to Rs 1023 crore
📝 Uber to launch Waymo Robotaxis in Austin
📝 NetSuite opens data centres in Mumbai, Hyderabad; aims to tap Indian SMBs
📝 Consumer electronics manufacturers expand horizons, leverage govt incentives
📝 Happiest Minds Q3 profit dips 16%, revenue up 27%
📝 India, Oman FTA talks progressing; both sides to hold another round of negotiations: Official
📝 Quant Mutual Fund announces change in fund management of 27 schemes
📝 Euro zone business activity returns to growth in Jan, PMI shows
📝 JSW to invest Rs 16,000cr in power project in Bengal, eyes future expansion
*Mint*
📝 Godrej Properties sells ₹28,800cr worth properties in 2024, highest among listed players
📝 Mukesh Ambani announces fresh investment of ₹50,000 crore in Bengal by 2030
📝 Nestle India’s not brewing enough growth as cost, demand woes pinch
📝 RBI starts deliberations on interest rate amid expectations of 25-bps cut
📝 Hind Rectifiers to set arm for AI, Web3 solutions, expand Nashik facility
📝 Chemicals maker BASF India Q3 profit falls on higher input costs
📝 Gold demand in India sees 5 pc rise at 802.8 tonnes in 2024, 2025 projection at 700-800 tonnes: WGC
📝 Byju’s insolvency: Suspended directors challenge NCLT ruling reinstating lenders
📝 Gold’s Appeal to Central Banks Seen Underpinning Demand in 2025
📝 Tech layoffs 2025: ADM and Salesforce announce job cuts
📝 Weddings spends rise 28% in the last two years to ₹32-35 lakh: report
🇮🇳 *India Daybook – Stocks in News*
*Sagility India:* Net profit at Rs. 217.0 cr vs Rs 70.6 cr, Revenue at Rs. 1450 cr vs Rs 1260 cr (YoY) (Positive)
*Skipper:* Net profit at Rs. 35.9 cr vs Rs 17.8 cr, Revenue at Rs. 1130 cr vs Rs 800 cr (YoY) (Positive)
*VRL Logistics:* Net profit at Rs. 59 cr vs Rs 13 cr, Revenue at Rs. 825 cr vs Rs 736 cr (YoY) (Positive)
*SJ Logistics:* Net profit at Rs. 14.2 cr vs Rs 6.2 cr, Revenue at Rs. 136 cr vs Rs 79 cr (YoY) (Positive)
*Zinka Logistics:* PBT at Rs. 29.7 cr vs loss Rs 6.6 cr, Revenue at Rs. 112 cr vs Rs 80.3 cr (YoY) (Positive)
*GE Vernova T&D:* Net profit at Rs. 143 cr vs Rs 49 cr, Revenue at Rs. 1073 cr vs Rs 83 cr (YoY) (Positive)
*Tega Industries:* Net profit at Rs. 54 cr vs Rs 36 cr, Revenue at Rs. 409 cr vs Rs 340 cr (YoY) (Positive)
*Redington:* Net profit at Rs. 403 cr vs Rs 347.9 cr, Revenue at Rs. 26,716 cr vs Rs 23,505 cr (YoY) (Positive)
*Disa India:* Net profit at Rs. 10.0 cr vs Rs 5.8 cr, Revenue at Rs. 99.3 cr vs Rs 61.0 cr (YoY) (Positive)
*AGI Infra:* Net profit at Rs. 19.1 cr vs Rs 14.9 cr, Revenue at Rs. 91.4 cr vs Rs 72.8 cr (YoY) (Positive)
*Ravindra Energy:* Net profit at Rs. 2.2 cr vs Rs 0.4 cr, Revenue at Rs. 53.1 cr vs Rs 16.5 cr (YoY) (Positive)
*Manali Petro:* Net profit at Rs. 12.7 cr vs Rs 5.2 cr, Revenue at Rs. 196 cr vs Rs 200 cr (YoY) (Positive)
*Cummins:* Net profit at Rs. 558.0 cr vs poll Rs 467 cr, Revenue at Rs. 3052 cr vs poll Rs 2691 cr (YoY) (Positive)
*Ester Ind:* Net profit at Rs. 18.6 cr vs loss Rs 16.1 cr, Revenue at Rs. 275 cr vs Rs 200 cr (YoY) (Positive)
*Aarti Pharma:* Net profit at Rs. 74.0 cr vs Rs 53 cr, Revenue at Rs. 538 cr vs Rs 449 cr (YoY) (Positive)
*Kansai Nerolac:* Net profit at Rs. 680.9 cr vs Rs 154.3 cr, Revenue at Rs. 1921.9 cr vs Rs 1918.7 cr (YoY) (Positive)
*Azad Engineering:* Company signs deal with Rolls-Royce PLC, London to produce Civil Aircraft Engine Components (Positive)
*Welspun Enterprises:* Company bags order worth Rs 291 cr from Bombay Municipal Corporation. (Positive)
*UltraTech Cement:* commissions additional 0.6 MTPA grinding capacity at West Bengal’s Sonar Bangla Unit. (Positive)
*M&M:* Mahindra Electric Origin Suvs to Open Bookings for All 9 Variants on 14 February, 2025 (Positive)
*Info Edge:* Company to Enter into Contribution Agreement with IE Venture Investment Fund iii, Agreement with IE Venture Investment Fund Iii to Commit up To Rs 10 Billion. (Positive)
*Apollo Micro:* Company has entered into a Consortium Agreement with Redon Systems to collaborate on a manufacturing partnership. (Positive)
*Kansai Nerolac:* Increase in auto paint capacity by 4200 KL/annum. (Positive)
*GE Power:* Company bags INR 137.5 million contract from NTPC. (Positive)
*IT Stocks:* Carlyle-promoted Hexaware Tech may launch Rs 8,750 crore IPO between February 12-14. (Positive)
*Swiggy:* Net loss at Rs. 800 cr vs Rs 574 cr, Revenue at Rs. 3993 cr vs Rs 3049 cr (YoY) (Neutral)
*Welspun Corp:* Net profit at Rs. 674.7 cr vs Rs 297.9 cr, Revenue at Rs. 3613.5 cr vs Rs 4749.0 cr (YoY) (Neutral)
*CCL Products:* Net profit at Rs. 63 cr vs Rs 63.3 cr, Revenue at Rs. 758.4 cr vs Rs 664.5 cr (YoY) (Neutral)
*HG Infra:* Net profit at Rs. 115 cr vs Rs 102 cr, Revenue at Rs. 1265 cr vs Rs 1365 cr (YoY) (Neutral)
*Sula VIneyards:* Net profit at Rs. 28 cr vs Rs 43 cr, Revenue at Rs. 200 cr vs Rs 203 cr (YoY) (Neutral)
*Data Patterns:* Net profit at Rs.44.6 cr vs Rs 51.0 cr, Revenue at Rs. 117 cr vs Rs 139 cr (YoY) (Neutral)
*Gujarat Gas:* Net Profit Flat at Rs 221 Cr vs Rs 307.0 cr, Revenue at Rs 4,152.9 Cr Vs Rs 3,939 Cr (YoY) (Neutral)
*Linc:* Net profit at Rs.8.8 cr vs Rs 7.5 cr, Revenue at Rs. 118 cr vs Rs 120 cr (YoY) (Neutral)
*Timken:* Net profit at Rs.74.3 cr vs Rs 67.5 cr, Revenue at Rs. 671 cr vs Rs 612 cr (YoY) (Neutral)
*Sagility India:* Net profit at Rs. 217.0 cr vs Rs 70.6 cr, Revenue at Rs. 1450 cr vs Rs 1260 cr (YoY) (Positive)
*Skipper:* Net profit at Rs. 35.9 cr vs Rs 17.8 cr, Revenue at Rs. 1130 cr vs Rs 800 cr (YoY) (Positive)
*VRL Logistics:* Net profit at Rs. 59 cr vs Rs 13 cr, Revenue at Rs. 825 cr vs Rs 736 cr (YoY) (Positive)
*SJ Logistics:* Net profit at Rs. 14.2 cr vs Rs 6.2 cr, Revenue at Rs. 136 cr vs Rs 79 cr (YoY) (Positive)
*Zinka Logistics:* PBT at Rs. 29.7 cr vs loss Rs 6.6 cr, Revenue at Rs. 112 cr vs Rs 80.3 cr (YoY) (Positive)
*GE Vernova T&D:* Net profit at Rs. 143 cr vs Rs 49 cr, Revenue at Rs. 1073 cr vs Rs 83 cr (YoY) (Positive)
*Tega Industries:* Net profit at Rs. 54 cr vs Rs 36 cr, Revenue at Rs. 409 cr vs Rs 340 cr (YoY) (Positive)
*Redington:* Net profit at Rs. 403 cr vs Rs 347.9 cr, Revenue at Rs. 26,716 cr vs Rs 23,505 cr (YoY) (Positive)
*Disa India:* Net profit at Rs. 10.0 cr vs Rs 5.8 cr, Revenue at Rs. 99.3 cr vs Rs 61.0 cr (YoY) (Positive)
*AGI Infra:* Net profit at Rs. 19.1 cr vs Rs 14.9 cr, Revenue at Rs. 91.4 cr vs Rs 72.8 cr (YoY) (Positive)
*Ravindra Energy:* Net profit at Rs. 2.2 cr vs Rs 0.4 cr, Revenue at Rs. 53.1 cr vs Rs 16.5 cr (YoY) (Positive)
*Manali Petro:* Net profit at Rs. 12.7 cr vs Rs 5.2 cr, Revenue at Rs. 196 cr vs Rs 200 cr (YoY) (Positive)
*Cummins:* Net profit at Rs. 558.0 cr vs poll Rs 467 cr, Revenue at Rs. 3052 cr vs poll Rs 2691 cr (YoY) (Positive)
*Ester Ind:* Net profit at Rs. 18.6 cr vs loss Rs 16.1 cr, Revenue at Rs. 275 cr vs Rs 200 cr (YoY) (Positive)
*Aarti Pharma:* Net profit at Rs. 74.0 cr vs Rs 53 cr, Revenue at Rs. 538 cr vs Rs 449 cr (YoY) (Positive)
*Kansai Nerolac:* Net profit at Rs. 680.9 cr vs Rs 154.3 cr, Revenue at Rs. 1921.9 cr vs Rs 1918.7 cr (YoY) (Positive)
*Azad Engineering:* Company signs deal with Rolls-Royce PLC, London to produce Civil Aircraft Engine Components (Positive)
*Welspun Enterprises:* Company bags order worth Rs 291 cr from Bombay Municipal Corporation. (Positive)
*UltraTech Cement:* commissions additional 0.6 MTPA grinding capacity at West Bengal’s Sonar Bangla Unit. (Positive)
*M&M:* Mahindra Electric Origin Suvs to Open Bookings for All 9 Variants on 14 February, 2025 (Positive)
*Info Edge:* Company to Enter into Contribution Agreement with IE Venture Investment Fund iii, Agreement with IE Venture Investment Fund Iii to Commit up To Rs 10 Billion. (Positive)
*Apollo Micro:* Company has entered into a Consortium Agreement with Redon Systems to collaborate on a manufacturing partnership. (Positive)
*Kansai Nerolac:* Increase in auto paint capacity by 4200 KL/annum. (Positive)
*GE Power:* Company bags INR 137.5 million contract from NTPC. (Positive)
*IT Stocks:* Carlyle-promoted Hexaware Tech may launch Rs 8,750 crore IPO between February 12-14. (Positive)
*Swiggy:* Net loss at Rs. 800 cr vs Rs 574 cr, Revenue at Rs. 3993 cr vs Rs 3049 cr (YoY) (Neutral)
*Welspun Corp:* Net profit at Rs. 674.7 cr vs Rs 297.9 cr, Revenue at Rs. 3613.5 cr vs Rs 4749.0 cr (YoY) (Neutral)
*CCL Products:* Net profit at Rs. 63 cr vs Rs 63.3 cr, Revenue at Rs. 758.4 cr vs Rs 664.5 cr (YoY) (Neutral)
*HG Infra:* Net profit at Rs. 115 cr vs Rs 102 cr, Revenue at Rs. 1265 cr vs Rs 1365 cr (YoY) (Neutral)
*Sula VIneyards:* Net profit at Rs. 28 cr vs Rs 43 cr, Revenue at Rs. 200 cr vs Rs 203 cr (YoY) (Neutral)
*Data Patterns:* Net profit at Rs.44.6 cr vs Rs 51.0 cr, Revenue at Rs. 117 cr vs Rs 139 cr (YoY) (Neutral)
*Gujarat Gas:* Net Profit Flat at Rs 221 Cr vs Rs 307.0 cr, Revenue at Rs 4,152.9 Cr Vs Rs 3,939 Cr (YoY) (Neutral)
*Linc:* Net profit at Rs.8.8 cr vs Rs 7.5 cr, Revenue at Rs. 118 cr vs Rs 120 cr (YoY) (Neutral)
*Timken:* Net profit at Rs.74.3 cr vs Rs 67.5 cr, Revenue at Rs. 671 cr vs Rs 612 cr (YoY) (Neutral)
*CMS Infosystem:* Net profit at Rs. 93.2 cr vs Rs 87 cr, Revenue at Rs. 581 cr vs Rs 582 cr (YoY). (Neutral)
*Texmaco Rail:* Company’s CFO, Shri Hemant Bhuwania, resigned effective March 31, 2025. (Neutral)
*Narayana Hrudayalaya:* Company announced the purchase of approximately 3 acres of land in southern Bengaluru on February 5, 2025. (Neutral)
*ITC:* Company announces opening of its global centre of excellence for AI near Kolkata. (Neutral)
*IndiGo:* Gets Two GST Demand Orders Of ₹115.9 Crore. (Neutral)
*Escort Kubota:* Tax demand of ₹ 1.59 Cr confirmed; appeal planned. (Neutral)
*Concor:* GST demand of over Rs. 26 crore raised against the company. (Neutral)
*Medi Assist:* Company approves to raise up to Rs. 350 crore in funds. (Neutral)
Telegram @AlliesFin
*Texmaco Rail:* Company’s CFO, Shri Hemant Bhuwania, resigned effective March 31, 2025. (Neutral)
*Narayana Hrudayalaya:* Company announced the purchase of approximately 3 acres of land in southern Bengaluru on February 5, 2025. (Neutral)
*ITC:* Company announces opening of its global centre of excellence for AI near Kolkata. (Neutral)
*IndiGo:* Gets Two GST Demand Orders Of ₹115.9 Crore. (Neutral)
*Escort Kubota:* Tax demand of ₹ 1.59 Cr confirmed; appeal planned. (Neutral)
*Concor:* GST demand of over Rs. 26 crore raised against the company. (Neutral)
*Medi Assist:* Company approves to raise up to Rs. 350 crore in funds. (Neutral)
Telegram @AlliesFin
👍1
Corporate Actions @AlliesFin
Info Edge (India) has approved sub-division/split of the existing 1 equity share having face value of Rs.10/- each, into 5 equity shares having face value of Rs. 2/- each, subject to approval of Shareholders through Postal Ballot.
Dividend
06-Feb-25
CONCOR: Interim Dividend - Rs. - 4.25
IMPAL: Interim Dividend - Rs. - 10.00
IRB: Interim Dividend - Rs. - 0.10
SHARDACROP: Interim Dividend - Rs. - 3.00
SUNPHARMA: Interim Dividend - Rs. - 10.50
TRITURBINE: Interim Dividend - Rs. - 2.00
07-Feb-25
BANARBEADS: Interim Dividend - Rs. - 2.25
CAMS: Interim Dividend - Rs. - 17.50
CHOLAFIN: Interim Dividend - Rs. - 1.30
CLEAN: Interim Dividend - Rs. - 2.00
EPIGRAL: Interim Dividend - Rs. - 2.50
GAIL: Interim Dividend - Rs. - 6.50
GATEWAY: Interim Dividend - Rs. - 0.75
GRSE: Interim Dividend - Rs. - 8.95
JGTL: Interim Dividend - Rs. - 5.00
JSL: Interim Dividend - Rs. - 1.00
JULIEN: Interim Dividend - Rs. - 0.05
KIRLPNU: Interim Dividend - Rs. - 3.50
KPRMILL: Interim Dividend - Rs. - 2.50
MARICO: Interim Dividend - Rs. - 3.50
NESTLEIND: Interim Dividend - Rs. - 14.25
NLCINDIA: Interim Dividend - Rs. - 1.50
ONGC: Interim Dividend - Rs. - 5.00
POWERGRID: Interim Dividend - Rs. - 3.25
QUESS: Interim Dividend - Rs. - 4.00
SHANTIGEAR: Interim Dividend - Rs. - 3.00
SHYAMMETL: Interim Dividend - Rs. - 2.25
STEELCAS: Interim Dividend - Rs. - 1.80
TIINDIA: Interim Dividend - Rs. - 2.00
VAIBHAVGBL: Interim Dividend - Rs. - 1.50
WEL: Interim Dividend - Rs. - 0.10
10-Feb-25
ASTERDM: Interim Dividend - Rs. - 4.00
INDTONER: Interim Dividend - Rs. - 4.50
SURAJLTD: Interim Dividend - Rs. - 1.50
IPO
Ajax Engineering: Open: 10-Feb-25; Close: 12-Feb-24
Buyback
---
Bonus
Sangam Finserv: Bonus Issue 4:1; Ex-Date: 07-Feb-25
Stock Split
Minolta Finance: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 06-Feb-25
Ksolves India: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 06-Feb-25
Rama Phosphates: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25
AGI Infra: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25
T T Ltd.: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 12-Feb-25
Conart Engineers: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 18-Feb-25
Right Issue
Globe Textiles (India): Open: 24-Jan-25; Close: 06-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24
Ultracab (India): Open: 28-Jan-25; Close: 11-Feb-24
Iel: Open: 04-Feb-25; Close: 21-Feb-24
Open Offer
Religare Enterprises: Open: 27-Jan-25; Close: 07-Feb-24
LKP Finance: Open: 29-Jan-25; Close: 11-Feb-24
Telegram @AlliesFin
Info Edge (India) has approved sub-division/split of the existing 1 equity share having face value of Rs.10/- each, into 5 equity shares having face value of Rs. 2/- each, subject to approval of Shareholders through Postal Ballot.
Dividend
06-Feb-25
CONCOR: Interim Dividend - Rs. - 4.25
IMPAL: Interim Dividend - Rs. - 10.00
IRB: Interim Dividend - Rs. - 0.10
SHARDACROP: Interim Dividend - Rs. - 3.00
SUNPHARMA: Interim Dividend - Rs. - 10.50
TRITURBINE: Interim Dividend - Rs. - 2.00
07-Feb-25
BANARBEADS: Interim Dividend - Rs. - 2.25
CAMS: Interim Dividend - Rs. - 17.50
CHOLAFIN: Interim Dividend - Rs. - 1.30
CLEAN: Interim Dividend - Rs. - 2.00
EPIGRAL: Interim Dividend - Rs. - 2.50
GAIL: Interim Dividend - Rs. - 6.50
GATEWAY: Interim Dividend - Rs. - 0.75
GRSE: Interim Dividend - Rs. - 8.95
JGTL: Interim Dividend - Rs. - 5.00
JSL: Interim Dividend - Rs. - 1.00
JULIEN: Interim Dividend - Rs. - 0.05
KIRLPNU: Interim Dividend - Rs. - 3.50
KPRMILL: Interim Dividend - Rs. - 2.50
MARICO: Interim Dividend - Rs. - 3.50
NESTLEIND: Interim Dividend - Rs. - 14.25
NLCINDIA: Interim Dividend - Rs. - 1.50
ONGC: Interim Dividend - Rs. - 5.00
POWERGRID: Interim Dividend - Rs. - 3.25
QUESS: Interim Dividend - Rs. - 4.00
SHANTIGEAR: Interim Dividend - Rs. - 3.00
SHYAMMETL: Interim Dividend - Rs. - 2.25
STEELCAS: Interim Dividend - Rs. - 1.80
TIINDIA: Interim Dividend - Rs. - 2.00
VAIBHAVGBL: Interim Dividend - Rs. - 1.50
WEL: Interim Dividend - Rs. - 0.10
10-Feb-25
ASTERDM: Interim Dividend - Rs. - 4.00
INDTONER: Interim Dividend - Rs. - 4.50
SURAJLTD: Interim Dividend - Rs. - 1.50
IPO
Ajax Engineering: Open: 10-Feb-25; Close: 12-Feb-24
Buyback
---
Bonus
Sangam Finserv: Bonus Issue 4:1; Ex-Date: 07-Feb-25
Stock Split
Minolta Finance: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 06-Feb-25
Ksolves India: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 06-Feb-25
Rama Phosphates: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25
AGI Infra: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 07-Feb-25
T T Ltd.: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 12-Feb-25
Conart Engineers: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 18-Feb-25
Right Issue
Globe Textiles (India): Open: 24-Jan-25; Close: 06-Feb-24
Sharanam Infraproject And Trading: Open: 13-Jan-25; Close: 10-Feb-24
Ultracab (India): Open: 28-Jan-25; Close: 11-Feb-24
Iel: Open: 04-Feb-25; Close: 21-Feb-24
Open Offer
Religare Enterprises: Open: 27-Jan-25; Close: 07-Feb-24
LKP Finance: Open: 29-Jan-25; Close: 11-Feb-24
Telegram @AlliesFin