And while SEBI pointed at these violations, Brightcom had an explanation for everything. On fudging shareholding data, it claimed that the transfers were done legally and just part of corporate restructuring. On R&D costs, it insisted that it was simply following industry norms. And regarding intangible assets, it brushed it off as a timing issue for operational alignment.
But well, SEBI wasn’t having any of it and slammed them all with detailed explanations.
And that brings us to the question - What happens now?
Well, the company and its promoters are barred from the stock market and have been hit with penalties. However, many believe the penalties seem oddly light—the promoters allegedly misrepresented hundreds of crores and benefitted from it while facing just ₹34 crore in fines.
But as the order points out that the promoters are at more stringent penalty than the company itself…
Finally, in my view, Noticee No 1 (BGL) deserves comparatively lesser penalty and period of restraint for the reason that it is now largely owned by public shareholders who have borne the brunt of the fraud perpetrated by the promoter directors.
And it has also outlined for what might come next...
SEBI shall determine the quantum of illegal gains/ benefit made by way of the fraudulent scheme as established in this Order and action may be initiated in accordance with law.
As for retail investors stuck with Brightcom shares, the stock remains untradeable, and there's no telling if or when it will relist.
In response, BGL recently held an AGM and offered some vague assurances. As per the AGM minutes…
“The company’s legal team is reviewing the order in detail.” … “The company remains committed to transparency and will continue to provide regular updates as and when appropriate.” … “The exchanges will notify the company and shareholders as soon as they are ready. We will keep the community informed as soon as there is clear visibility on the relisting timeline.”
Uh oh. In short, it's asking investors to sit tight and hope for the best.
And there’s also a bigger issue at play here. You see, Brightcom was once a part of the Nifty Alpha 50 index. Meaning many mutual funds and ETFs had exposure to it. And as a result, this simply means that countless passive investors unknowingly held its shares through these funds.
Nevertheless, this story also is for anyone who isn’t a shareholder in the company.
Despite numerous warning signs, many investors held on, convincing themselves they had found an undervalued gem backed by big names. But when a stock is littered with fraud allegations, it pays to question every assumption before betting small or big.
And perhaps the biggest takeaway? If you ever find yourself thinking “Why am I so lucky to have found this once-in-a-lifetime opportunity?,” it’s worth considering that you might just be missing something.
For Brightcom investors and shareholders, that moment of realization came far too late.
Now, all they can do is wait, hoping the stock will trade again someday so they can finally cut their losses. And we can only hope that day comes sooner than later.
STAY TUNED FOR UPDATED
T.ME/AlliesFin
😊
But well, SEBI wasn’t having any of it and slammed them all with detailed explanations.
And that brings us to the question - What happens now?
Well, the company and its promoters are barred from the stock market and have been hit with penalties. However, many believe the penalties seem oddly light—the promoters allegedly misrepresented hundreds of crores and benefitted from it while facing just ₹34 crore in fines.
But as the order points out that the promoters are at more stringent penalty than the company itself…
Finally, in my view, Noticee No 1 (BGL) deserves comparatively lesser penalty and period of restraint for the reason that it is now largely owned by public shareholders who have borne the brunt of the fraud perpetrated by the promoter directors.
And it has also outlined for what might come next...
SEBI shall determine the quantum of illegal gains/ benefit made by way of the fraudulent scheme as established in this Order and action may be initiated in accordance with law.
As for retail investors stuck with Brightcom shares, the stock remains untradeable, and there's no telling if or when it will relist.
In response, BGL recently held an AGM and offered some vague assurances. As per the AGM minutes…
“The company’s legal team is reviewing the order in detail.” … “The company remains committed to transparency and will continue to provide regular updates as and when appropriate.” … “The exchanges will notify the company and shareholders as soon as they are ready. We will keep the community informed as soon as there is clear visibility on the relisting timeline.”
Uh oh. In short, it's asking investors to sit tight and hope for the best.
And there’s also a bigger issue at play here. You see, Brightcom was once a part of the Nifty Alpha 50 index. Meaning many mutual funds and ETFs had exposure to it. And as a result, this simply means that countless passive investors unknowingly held its shares through these funds.
Nevertheless, this story also is for anyone who isn’t a shareholder in the company.
Despite numerous warning signs, many investors held on, convincing themselves they had found an undervalued gem backed by big names. But when a stock is littered with fraud allegations, it pays to question every assumption before betting small or big.
And perhaps the biggest takeaway? If you ever find yourself thinking “Why am I so lucky to have found this once-in-a-lifetime opportunity?,” it’s worth considering that you might just be missing something.
For Brightcom investors and shareholders, that moment of realization came far too late.
Now, all they can do is wait, hoping the stock will trade again someday so they can finally cut their losses. And we can only hope that day comes sooner than later.
STAY TUNED FOR UPDATED
T.ME/AlliesFin
😊
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*FED CHAIR POWELL*
• THE UNEMPLOYMENT RATE IS LOW AND STEADY. THE LABOR MARKET IS SOLID AND NOT A SOURCE OF INFLATIONARY PRESSURES.
• WE DO NOT NEED TO BE IN A HURRY TO ADJUST POLICY.
• POLICY IS WELL-POSITIONED TO DEAL WITH RISKS AND UNCERTAINTIES.
• WE CAN MAINTAIN POLICY RESTRAINT FOR LONGER IF THE ECONOMY REMAINS STRONG AND INFLATION DOES NOT MOVE TOWARD 2%.
• WE CAN EASE POLICY IF THE LABOUR MARKET UNEXPECTEDLY WEAKENS OR INFLATION FALLS MORE QUICKLY THAN EXPECTED.
• THE US ECONOMY IS STRONG OVERALL, INFLATION IS CLOSER TO THE 2% GOAL BUT STILL SOMEWHAT ELEVATED.
• FED'S FRAMEWORK REVIEW WILL NOT INCLUDE A FOCUS ON INFLATION TARGET, WHICH WILL REMAIN 2%
• FED WILL WRAP UP FRAMEWORK REVIEW BY LATE SUMMER
(US DOLLAR LITTLE CHANGED AFTER COMMENTS FROM FED'S POWELL, US TREASURY YIELDS HOLDS GAINS AFETR FED'S POWELL'S REMARKS)
• THE UNEMPLOYMENT RATE IS LOW AND STEADY. THE LABOR MARKET IS SOLID AND NOT A SOURCE OF INFLATIONARY PRESSURES.
• WE DO NOT NEED TO BE IN A HURRY TO ADJUST POLICY.
• POLICY IS WELL-POSITIONED TO DEAL WITH RISKS AND UNCERTAINTIES.
• WE CAN MAINTAIN POLICY RESTRAINT FOR LONGER IF THE ECONOMY REMAINS STRONG AND INFLATION DOES NOT MOVE TOWARD 2%.
• WE CAN EASE POLICY IF THE LABOUR MARKET UNEXPECTEDLY WEAKENS OR INFLATION FALLS MORE QUICKLY THAN EXPECTED.
• THE US ECONOMY IS STRONG OVERALL, INFLATION IS CLOSER TO THE 2% GOAL BUT STILL SOMEWHAT ELEVATED.
• FED'S FRAMEWORK REVIEW WILL NOT INCLUDE A FOCUS ON INFLATION TARGET, WHICH WILL REMAIN 2%
• FED WILL WRAP UP FRAMEWORK REVIEW BY LATE SUMMER
(US DOLLAR LITTLE CHANGED AFTER COMMENTS FROM FED'S POWELL, US TREASURY YIELDS HOLDS GAINS AFETR FED'S POWELL'S REMARKS)
At 86.83, rupee logs highest single-day gain against US dollar in nearly 2 years - https://www.thehindubusinessline.com/markets/forex/at-8683-rupee-logs-highest-single-day-gain-against-us-dollar-in-nearly-2-years/article69207248.ece
BusinessLine
At 86.83, rupee logs highest single-day gain against US dollar in nearly 2 years
RBI intervention boosts rupee to 2-year high against dollar, traders optimistic about future stability and potential for further gains.
News Headlines from Business News Agencies:
Business Standard
📝 Honeywell, AM Green sign MoU to advance carbon capture, SAF in India
📝 magicpin revenue triples to Rs 870 cr in FY24, becomes 3rd largest food app
📝 Uttar Pradesh govt readies policy to boost leather, footwear exports
📝 By end of 2026, entire country will operate exclusively on 5G: Piyush Goyal
📝 Welfare scheme benefits causing labour shortages in construction: L&T MD
📝 US demand squeezes India's gold supply, leasing rates rise to record high
📝 Granite producer Midwest gets Sebi nod for IPO worth Rs 650 crore
📝 Supply of affordable housing down but not demand: HDFC Capital MD & CEO
📝 Baldota Group to invest Rs 54,000 cr to set up steel plant in Karnataka
📝 Railways' capex meets targets, likely to remain at the same level
📝 Shriram Finance eyes 20-fold growth over next 3 years in green portfolio
📝 India plans to cut tariffs on 30 products to avoid US reciprocal duties
Economic Times
📝 GE Aerospace signs contract with IAF for T700 engine sustainment
📝 BP inks pact with EIL to collaborate on oil, gas and refining activities
📝 Govt to focus on 20 countries, certain sectors to boost exports
📝 Lennox India expands its GCC in Chennai with $6 mn investment
📝 Digantara to set up spacecraft manufacturing facility in the US
📝 Govt says 2.05 cr farmer IDs created under Digital Agriculture Mission
📝 Keystone Realtors October-December net Rs 30 cr, total income Rs 458 cr
📝 Oyo to invest USD 10 mn for growth of US-based G6 Hospitality's digital assets
📝 India’s office market on track for record leasing in 2025
📝 Lennox India expands its GCC in Chennai with $6 mn investment
📝 Rolls-Royce to double sourcing from India over the next five years
Mint
📝 Govt launches tenth round of bidding for oil & gas blocks
📝 Indian steelmakers, reeling under lower prices, brace for Trump's 25% tariff
📝 China’s cabinet pledges to boost spending, attract foreign investment
📝 India likely to maintain ban on Chinese investments: CEA Nageswaran
📝 Musk’s $97.4 billion OpenAI bid piles pressure on Altman
📝 Pharma companies turn to AI to speed up drug development, but hit hurdles
📝 Eicher Motors bet on volume over margin dampens confidence
📝 Centre releases ₹1.11 lakh crore interest-free loan to states
📝 Reliance Capital acquisition: IIHL to acquire Anil Ambani’s company by Feb 26
📝 Centre can't levy service tax on lottery distributors, rules Supreme Court
📝 Apollo Hospitals driving up high complexity care, to keep focus on core metros
Telegram @AlliesFin
Business Standard
📝 Honeywell, AM Green sign MoU to advance carbon capture, SAF in India
📝 magicpin revenue triples to Rs 870 cr in FY24, becomes 3rd largest food app
📝 Uttar Pradesh govt readies policy to boost leather, footwear exports
📝 By end of 2026, entire country will operate exclusively on 5G: Piyush Goyal
📝 Welfare scheme benefits causing labour shortages in construction: L&T MD
📝 US demand squeezes India's gold supply, leasing rates rise to record high
📝 Granite producer Midwest gets Sebi nod for IPO worth Rs 650 crore
📝 Supply of affordable housing down but not demand: HDFC Capital MD & CEO
📝 Baldota Group to invest Rs 54,000 cr to set up steel plant in Karnataka
📝 Railways' capex meets targets, likely to remain at the same level
📝 Shriram Finance eyes 20-fold growth over next 3 years in green portfolio
📝 India plans to cut tariffs on 30 products to avoid US reciprocal duties
Economic Times
📝 GE Aerospace signs contract with IAF for T700 engine sustainment
📝 BP inks pact with EIL to collaborate on oil, gas and refining activities
📝 Govt to focus on 20 countries, certain sectors to boost exports
📝 Lennox India expands its GCC in Chennai with $6 mn investment
📝 Digantara to set up spacecraft manufacturing facility in the US
📝 Govt says 2.05 cr farmer IDs created under Digital Agriculture Mission
📝 Keystone Realtors October-December net Rs 30 cr, total income Rs 458 cr
📝 Oyo to invest USD 10 mn for growth of US-based G6 Hospitality's digital assets
📝 India’s office market on track for record leasing in 2025
📝 Lennox India expands its GCC in Chennai with $6 mn investment
📝 Rolls-Royce to double sourcing from India over the next five years
Mint
📝 Govt launches tenth round of bidding for oil & gas blocks
📝 Indian steelmakers, reeling under lower prices, brace for Trump's 25% tariff
📝 China’s cabinet pledges to boost spending, attract foreign investment
📝 India likely to maintain ban on Chinese investments: CEA Nageswaran
📝 Musk’s $97.4 billion OpenAI bid piles pressure on Altman
📝 Pharma companies turn to AI to speed up drug development, but hit hurdles
📝 Eicher Motors bet on volume over margin dampens confidence
📝 Centre releases ₹1.11 lakh crore interest-free loan to states
📝 Reliance Capital acquisition: IIHL to acquire Anil Ambani’s company by Feb 26
📝 Centre can't levy service tax on lottery distributors, rules Supreme Court
📝 Apollo Hospitals driving up high complexity care, to keep focus on core metros
Telegram @AlliesFin
🇮🇳India Daybook Stocks in News @AlliesFin
Credits to the Source
Astrazeneca: Net profit at Rs. 31.0 cr vs Rs 15.8 cr, Revenue at Rs. 440 cr vs Rs 305 cr (YoY) (Positive)
EID Parry: Net profit at Rs. 415 cr vs Rs 216 cr, Revenue at Rs. 8720 cr vs Rs 7770 cr (YoY) (Positive)
Techno Engineering: Net profit at Rs 106 cr vs Rs 77.6 cr, Revenue at Rs. 676 cr vs Rs 365 cr (YoY) (Positive)
Raj Rayons: Net profit at Rs. 8.2 cr vs Rs 2.0 cr, Revenue at Rs. 230 cr vs Rs 195 cr (YoY) (Positive)
SRM Contractors: Net profit at Rs 21.3 cr vs Rs 5.2 cr, Revenue at Rs. 150 cr vs Rs 87 cr (YoY) (Positive)
Jaypee Infra: Net profit at Rs. 1365 cr vs Rs 92 cr (Exceptional profit Rs 514 cr), Revenue at Rs. 1317 cr vs Rs 218 cr (YoY) (Positive)
Ramky Infra: Net profit at Rs. 59.8 cr vs Rs 37.6 cr, Revenue at Rs. 459 cr vs Rs 440cr (YoY) (Positive)
EIH: Net profit at Rs. 278.0 cr vs Rs 230.0 cr, Revenue at Rs. 800 cr vs Rs 741 cr (YoY) (Positive)
Shree Pushkar: Net profit at Rs. 15.9 cr vs Rs 7.6 cr, Revenue at Rs. 217 cr vs Rs 175 cr (YoY) (Positive)
Indo Amines: Net profit at Rs. 11.3 cr vs Rs 9.8 cr, Revenue at Rs 259 cr vs Rs 194 cr (YoY) (Positive)
TBZ: Net profit at Rs. 29.9 cr vs Rs 21.8 cr, Revenue at Rs 927 cr vs Rs 740 cr (YoY) (Positive)
RBZ Jewellers: Net profit at Rs. 13 cr vs Rs 6.7 cr, Revenue at Rs 194 cr vs Rs 116 cr (YoY) (Positive)
Alufloride: Net profit at Rs. 6 cr vs Rs 3.7 cr, Revenue at Rs 47.5 cr vs Rs 37.3 cr (YoY) (Positive)
Ceinsys Tech: Net profit at Rs. 17.8 cr vs Rs 10.4 cr, Revenue at Rs 112 cr vs Rs 62.6 cr (YoY) (Positive)
NBCC: Net profit at Rs. 138 cr vs Rs 111 cr, Revenue at Rs 2827 cr vs Rs 2424 cr (YoY) (Positive)
EPL: Net profit at Rs. 94.0 cr vs Rs 86.0 cr, Revenue at Rs 1000 cr vs Rs 975 cr (YoY) (Positive)
Ashapuri Gold: Net profit at Rs. 4.2 cr vs Rs 2.0 cr, Revenue at Rs 101 cr vs Rs 50 cr (YoY) (Positive)
Kolte Patil: Net profit at Rs. 25 cr vs loss Rs 63 cr, Revenue at Rs 349.7 cr vs Rs 75.8 cr (YoY) (Positive)
GIC Housing: Net profit at Rs. 49.7 cr vs Rs 35.7 cr, Revenue at Rs 265 cr vs Rs 258 cr (YoY) (Positive)
Taal Enterprises: Net profit at Rs. 11.4 cr vs Rs 7.7 cr, Revenue at Rs 1225 cr vs Rs 1118 cr (YoY) (Positive)
Bajaj Health: Net profit at Rs. 14.9 cr vs Rs 5.5 cr, Revenue at Rs 123 cr vs Rs 108 cr (YoY) (Positive)
HG Infra: Jointly with DEC Infrastructure bags letter of acceptance from Rail Land Development Authority (RLDA), New Delhi for EPC project worth ₹2,195.68 crore (Positive)
BHEL: Company gets LoI for a project worth ₹6,200 crore from Damodar Valley Corporation (Positive)
BEML: Company enters into strategic partnership with STX Engine Forge for advanced defence & marine engine solutions (Positive)
Cyient DLM: Company announced a production contract with Boeing Global Services (BGS) for precision-machined parts and assemblies. (Positive)
Coromandel: Government of Andhra Pradesh Extends Subsidies for Rs 15.39 Billion Investment, Andhra Pradesh Extends 45% Incentive on Fixed Capital Investment (Positive)
Ramco Systems: Payroll solution provider said Papua New Guinea’s national carrier, Air Niugini, has chosen its Payce platform to modernise its payroll operations (Positive)
Bharat Electronics: Safran and Company Forge a Partnership in the Defense Sector, Safran - Signing of a Partnership to Create A Joint Venture (Positive)
Happy Forgings: Company Signs MOU for Long-term Supply of Heavy, Forged and Precision Machined Industrial Components (Positive)
Jupiter Wagons: Company gets LoA for order value of Rs 600 cr (Positive)
IRCTC: Net profit at Rs. 341 cr vs poll of Rs 352 cr, Revenue at Rs 1225 cr vs poll of Rs 1209 cr (Neutral)
Birla Soft: Net profit at Rs. 117 cr vs poll of Rs 121 cr, Revenue at Rs 1363 cr vs poll of Rs 1381 cr (Neutral)
Kopran: Net profit at Rs. 10.3 cr vs Rs 15.4 cr, Revenue at Rs 166 cr vs Rs 158 cr (YoY) (Neutral)
Ritco Logistics: Net profit at Rs. 10.2 cr vs Rs 8.7 cr, Revenue at Rs 313 cr vs Rs 240 cr (YoY) (Neutral)
Credits to the Source
Astrazeneca: Net profit at Rs. 31.0 cr vs Rs 15.8 cr, Revenue at Rs. 440 cr vs Rs 305 cr (YoY) (Positive)
EID Parry: Net profit at Rs. 415 cr vs Rs 216 cr, Revenue at Rs. 8720 cr vs Rs 7770 cr (YoY) (Positive)
Techno Engineering: Net profit at Rs 106 cr vs Rs 77.6 cr, Revenue at Rs. 676 cr vs Rs 365 cr (YoY) (Positive)
Raj Rayons: Net profit at Rs. 8.2 cr vs Rs 2.0 cr, Revenue at Rs. 230 cr vs Rs 195 cr (YoY) (Positive)
SRM Contractors: Net profit at Rs 21.3 cr vs Rs 5.2 cr, Revenue at Rs. 150 cr vs Rs 87 cr (YoY) (Positive)
Jaypee Infra: Net profit at Rs. 1365 cr vs Rs 92 cr (Exceptional profit Rs 514 cr), Revenue at Rs. 1317 cr vs Rs 218 cr (YoY) (Positive)
Ramky Infra: Net profit at Rs. 59.8 cr vs Rs 37.6 cr, Revenue at Rs. 459 cr vs Rs 440cr (YoY) (Positive)
EIH: Net profit at Rs. 278.0 cr vs Rs 230.0 cr, Revenue at Rs. 800 cr vs Rs 741 cr (YoY) (Positive)
Shree Pushkar: Net profit at Rs. 15.9 cr vs Rs 7.6 cr, Revenue at Rs. 217 cr vs Rs 175 cr (YoY) (Positive)
Indo Amines: Net profit at Rs. 11.3 cr vs Rs 9.8 cr, Revenue at Rs 259 cr vs Rs 194 cr (YoY) (Positive)
TBZ: Net profit at Rs. 29.9 cr vs Rs 21.8 cr, Revenue at Rs 927 cr vs Rs 740 cr (YoY) (Positive)
RBZ Jewellers: Net profit at Rs. 13 cr vs Rs 6.7 cr, Revenue at Rs 194 cr vs Rs 116 cr (YoY) (Positive)
Alufloride: Net profit at Rs. 6 cr vs Rs 3.7 cr, Revenue at Rs 47.5 cr vs Rs 37.3 cr (YoY) (Positive)
Ceinsys Tech: Net profit at Rs. 17.8 cr vs Rs 10.4 cr, Revenue at Rs 112 cr vs Rs 62.6 cr (YoY) (Positive)
NBCC: Net profit at Rs. 138 cr vs Rs 111 cr, Revenue at Rs 2827 cr vs Rs 2424 cr (YoY) (Positive)
EPL: Net profit at Rs. 94.0 cr vs Rs 86.0 cr, Revenue at Rs 1000 cr vs Rs 975 cr (YoY) (Positive)
Ashapuri Gold: Net profit at Rs. 4.2 cr vs Rs 2.0 cr, Revenue at Rs 101 cr vs Rs 50 cr (YoY) (Positive)
Kolte Patil: Net profit at Rs. 25 cr vs loss Rs 63 cr, Revenue at Rs 349.7 cr vs Rs 75.8 cr (YoY) (Positive)
GIC Housing: Net profit at Rs. 49.7 cr vs Rs 35.7 cr, Revenue at Rs 265 cr vs Rs 258 cr (YoY) (Positive)
Taal Enterprises: Net profit at Rs. 11.4 cr vs Rs 7.7 cr, Revenue at Rs 1225 cr vs Rs 1118 cr (YoY) (Positive)
Bajaj Health: Net profit at Rs. 14.9 cr vs Rs 5.5 cr, Revenue at Rs 123 cr vs Rs 108 cr (YoY) (Positive)
HG Infra: Jointly with DEC Infrastructure bags letter of acceptance from Rail Land Development Authority (RLDA), New Delhi for EPC project worth ₹2,195.68 crore (Positive)
BHEL: Company gets LoI for a project worth ₹6,200 crore from Damodar Valley Corporation (Positive)
BEML: Company enters into strategic partnership with STX Engine Forge for advanced defence & marine engine solutions (Positive)
Cyient DLM: Company announced a production contract with Boeing Global Services (BGS) for precision-machined parts and assemblies. (Positive)
Coromandel: Government of Andhra Pradesh Extends Subsidies for Rs 15.39 Billion Investment, Andhra Pradesh Extends 45% Incentive on Fixed Capital Investment (Positive)
Ramco Systems: Payroll solution provider said Papua New Guinea’s national carrier, Air Niugini, has chosen its Payce platform to modernise its payroll operations (Positive)
Bharat Electronics: Safran and Company Forge a Partnership in the Defense Sector, Safran - Signing of a Partnership to Create A Joint Venture (Positive)
Happy Forgings: Company Signs MOU for Long-term Supply of Heavy, Forged and Precision Machined Industrial Components (Positive)
Jupiter Wagons: Company gets LoA for order value of Rs 600 cr (Positive)
IRCTC: Net profit at Rs. 341 cr vs poll of Rs 352 cr, Revenue at Rs 1225 cr vs poll of Rs 1209 cr (Neutral)
Birla Soft: Net profit at Rs. 117 cr vs poll of Rs 121 cr, Revenue at Rs 1363 cr vs poll of Rs 1381 cr (Neutral)
Kopran: Net profit at Rs. 10.3 cr vs Rs 15.4 cr, Revenue at Rs 166 cr vs Rs 158 cr (YoY) (Neutral)
Ritco Logistics: Net profit at Rs. 10.2 cr vs Rs 8.7 cr, Revenue at Rs 313 cr vs Rs 240 cr (YoY) (Neutral)
Kirloskar oil: Net profit at Rs. 71.3 cr vs Rs 89.8 cr, Revenue at Rs 1453.7 cr vs Rs 1391.3 cr (YoY) (Neutral)
N.R. Agarwal: Net profit at Rs. 12.7 cr vs Rs 31.4 cr, Revenue at Rs 420 cr vs Rs 330 cr (YoY) (Neutral)
HEG: Net profit at Rs. 83.4 cr vs Rs 43.7 cr, Revenue at Rs 478.4 cr vs Rs 562.4 cr (YoY) (Neutral)
Gujarat Alkalis: Net loss at Rs. 11.2 cr vs Rs 115.0 cr, Revenue at Rs 1029 cr vs Rs 920 cr (YoY) (Neutral)
Berger Paints: Net profit at Rs. 295 cr vs poll of Rs 289 cr, Revenue at Rs 2975 cr vs poll of Rs 2939 cr (Neutral)
SAIL: Net Profit Down 66.5% at ₹141.9 Cr Vs ₹422.9 Cr (YoY) Estimate Rs 38 cr loss. Revenue Up 4.9% at ₹24,489.9 Cr Vs ₹23,348.6 Cr (YoY) Estimate Rs 23348 cr (Neutral)
Vodafone Idea: Net loss at Rs 6607 Cr Vs poll Rs 6979 Cr, Revenue at Rs 11117 Cr Vs poll Rs 11254 Cr (Neutral)
Mamata: Net profit at Rs. 8.7 cr vs Rs 8.3 cr, Revenue at Rs 73 cr vs Rs 51 cr (YoY) (Neutral)
HBL: Net profit at Rs. 64 cr vs Rs 79 cr, Revenue at Rs 450 cr vs Rs 599 cr (YoY) (Neutral)
Wimplast: Net profit at Rs. 13.5 cr vs Rs 12.8 cr, Revenue at Rs 93 cr vs Rs 87 cr (YoY) (Neutral)
Cosmo First: Net profit at Rs. 29.6 cr vs Rs 11.4 cr, Revenue at Rs. 700 cr vs Rs 624 cr (YoY) (Neutral)
MOIL: Net profit at Rs. 63.7 cr vs Rs 54.1 cr, Revenue at Rs. 367 cr vs Rs 306 cr (YoY) (Neutral)
Ahlucont: Net profit at Rs. 49.4 cr vs Rs 70.6 cr, Revenue at Rs. 951 cr vs Rs 1026 cr (YoY). (Neutral)
Maithan Alloys: Net profit at Rs. 90 cr vs Rs 85 cr, Revenue at Rs. 531 cr vs Rs 448 cr (YoY). (Neutral)
Waterbase: Net loss at Rs. 3.9 cr vs Rs 4.2 cr, Revenue at Rs. 66 cr vs Rs 74 cr (YoY). (Neutral)
Salzer: Net Profit at Rs 15.5 Cr Vs Rs 13.5 Cr, Revenue at Rs 341 Cr Vs Rs 270 Cr (YoY) (Neutral)
Medicamen: Net Profit at Rs 3.8 Cr Vs Rs 3.3 Cr, Revenue at Rs 45 Cr Vs Rs 46 Cr (YoY) (Neutral)
Zomato: Company now allows users to customize the platform fee, ranging from Rs 10 to Rs 40. (Neutral)
Vedanta: Committee of directors approves raising up to Rs 3,000 crore via NCDs (Neutral)
TVS Motor: Company signs accord with Karnataka to invest Rs 2,000 cr in 5 yrs. (Neutral)
Maruti: The company has set April 1, 2025, as the appointed date for its merger with Suzuki Motor Gujarat (SMG). (Neutral)
TV Today: Net Profit at Rs 8.7 Cr Vs Rs 29 Cr, Revenue at Rs 236 Cr Vs Rs 262 Cr (YoY)
Gopal: Net Profit at Rs 5.3 Cr Vs Rs 17.9 Cr, Revenue at Rs 393 Cr Vs Rs 368 Cr (YoY)
IRCON: Net Profit at Rs 140 Cr Vs Rs 185 Cr, Revenue at Rs 2570 Cr Vs Rs 2875 Cr (YoY)
N.R. Agarwal: Net profit at Rs. 12.7 cr vs Rs 31.4 cr, Revenue at Rs 420 cr vs Rs 330 cr (YoY) (Neutral)
HEG: Net profit at Rs. 83.4 cr vs Rs 43.7 cr, Revenue at Rs 478.4 cr vs Rs 562.4 cr (YoY) (Neutral)
Gujarat Alkalis: Net loss at Rs. 11.2 cr vs Rs 115.0 cr, Revenue at Rs 1029 cr vs Rs 920 cr (YoY) (Neutral)
Berger Paints: Net profit at Rs. 295 cr vs poll of Rs 289 cr, Revenue at Rs 2975 cr vs poll of Rs 2939 cr (Neutral)
SAIL: Net Profit Down 66.5% at ₹141.9 Cr Vs ₹422.9 Cr (YoY) Estimate Rs 38 cr loss. Revenue Up 4.9% at ₹24,489.9 Cr Vs ₹23,348.6 Cr (YoY) Estimate Rs 23348 cr (Neutral)
Vodafone Idea: Net loss at Rs 6607 Cr Vs poll Rs 6979 Cr, Revenue at Rs 11117 Cr Vs poll Rs 11254 Cr (Neutral)
Mamata: Net profit at Rs. 8.7 cr vs Rs 8.3 cr, Revenue at Rs 73 cr vs Rs 51 cr (YoY) (Neutral)
HBL: Net profit at Rs. 64 cr vs Rs 79 cr, Revenue at Rs 450 cr vs Rs 599 cr (YoY) (Neutral)
Wimplast: Net profit at Rs. 13.5 cr vs Rs 12.8 cr, Revenue at Rs 93 cr vs Rs 87 cr (YoY) (Neutral)
Cosmo First: Net profit at Rs. 29.6 cr vs Rs 11.4 cr, Revenue at Rs. 700 cr vs Rs 624 cr (YoY) (Neutral)
MOIL: Net profit at Rs. 63.7 cr vs Rs 54.1 cr, Revenue at Rs. 367 cr vs Rs 306 cr (YoY) (Neutral)
Ahlucont: Net profit at Rs. 49.4 cr vs Rs 70.6 cr, Revenue at Rs. 951 cr vs Rs 1026 cr (YoY). (Neutral)
Maithan Alloys: Net profit at Rs. 90 cr vs Rs 85 cr, Revenue at Rs. 531 cr vs Rs 448 cr (YoY). (Neutral)
Waterbase: Net loss at Rs. 3.9 cr vs Rs 4.2 cr, Revenue at Rs. 66 cr vs Rs 74 cr (YoY). (Neutral)
Salzer: Net Profit at Rs 15.5 Cr Vs Rs 13.5 Cr, Revenue at Rs 341 Cr Vs Rs 270 Cr (YoY) (Neutral)
Medicamen: Net Profit at Rs 3.8 Cr Vs Rs 3.3 Cr, Revenue at Rs 45 Cr Vs Rs 46 Cr (YoY) (Neutral)
Zomato: Company now allows users to customize the platform fee, ranging from Rs 10 to Rs 40. (Neutral)
Vedanta: Committee of directors approves raising up to Rs 3,000 crore via NCDs (Neutral)
TVS Motor: Company signs accord with Karnataka to invest Rs 2,000 cr in 5 yrs. (Neutral)
Maruti: The company has set April 1, 2025, as the appointed date for its merger with Suzuki Motor Gujarat (SMG). (Neutral)
TV Today: Net Profit at Rs 8.7 Cr Vs Rs 29 Cr, Revenue at Rs 236 Cr Vs Rs 262 Cr (YoY)
Gopal: Net Profit at Rs 5.3 Cr Vs Rs 17.9 Cr, Revenue at Rs 393 Cr Vs Rs 368 Cr (YoY)
IRCON: Net Profit at Rs 140 Cr Vs Rs 185 Cr, Revenue at Rs 2570 Cr Vs Rs 2875 Cr (YoY)
During Bull Market
Good News is Good News & Bad News is Not a Bad News.
During Bear Market
Bad News is Bad News & Good News is Not a Good News.
#wednesday #wisdom #alliesfin
Good News is Good News & Bad News is Not a Bad News.
During Bear Market
Bad News is Bad News & Good News is Not a Good News.
#wednesday #wisdom #alliesfin
New Income Tax Code 2025.pdf
8.2 MB
NEW INCOME TAX CODE 2025
@ALLIESFIN
@ALLIESFIN
Forwarded from Aapka Saarthi @STOCKARTHi Make Money Work For You !!! (۞ A X i T D S H A H ۞)
THANKS TO RBi AGAIN INTERVINING IN USD/INR AND HELPING NIFTY TO RECOVER FROM EARLIER LOWS OF AROUND 22800.
ITS DOUBLE BOTTOM FORMATION ON DAILY CHARTS WHICH CAN BE WATCH FOR FOLLOWING UP DEMAND/SUPPY SCENARIO.
@STOCKARTHi
ITS DOUBLE BOTTOM FORMATION ON DAILY CHARTS WHICH CAN BE WATCH FOR FOLLOWING UP DEMAND/SUPPY SCENARIO.
@STOCKARTHi
😁1
Market Views from ValueQuest CIO, Ravi Dharamshi @AlliesFin
"- Markets have reached really attractive levels
- Valuations which have always been bugbear of Indian markets in absolute and relative sense have become attractive
- There is no crisis, whether domestic or international
- Weak hands have been flushed out and there has been some forced liquidation.
- 3 year money will make good returns from here
- RBI and government both have stepped in to support the economy and USDINR"
Net net: Very confident on markets now. Any portfolios built now will make excellent money over 3 years.
"- Markets have reached really attractive levels
- Valuations which have always been bugbear of Indian markets in absolute and relative sense have become attractive
- There is no crisis, whether domestic or international
- Weak hands have been flushed out and there has been some forced liquidation.
- 3 year money will make good returns from here
- RBI and government both have stepped in to support the economy and USDINR"
Net net: Very confident on markets now. Any portfolios built now will make excellent money over 3 years.
Stay Calm, Stay Invested: The Market Rewards Patience @AlliesFin
The recent market correction may be unsettling, but history has consistently shown that strong fundamentals always prevail.
Instead of reacting emotionally, investors should focus on quality stocks and deploy capital strategically in phases.
Market Corrections Are Temporary; Growth is Permanent
India’s stock market has witnessed multiple downturns in the past:
1992 Harshad Mehta Crash – Triggered by a banking scam, but the market rebounded as regulations strengthened.
2000 Dotcom Bubble Burst – Overvaluation in tech stocks led to a collapse, but innovation eventually drove the IT sector to new highs.
2008 Lehman Brothers Crisis – A global financial meltdown, yet India emerged stronger with robust banking and financial reforms.
2015 Market Correction – A mix of global slowdowns and domestic factors, but growth stocks continued delivering value.
2020 COVID-19 Crash – One of the sharpest falls, yet the fastest recovery, proving India’s resilience.
Each time, the Indian market has not only recovered but emerged stronger, rewarding those who remained patient and invested wisely.
Why This Time is Different & Why Investors Should Stay Optimistic
1. No Major Domestic Crisis or Scam – Unlike previous corrections driven by frauds or financial crises, the current downturn is not due to any structural weakness in India.
2. Global Markets are at New Highs – Major indices in the US (S&P 500, Nasdaq) and Germany (DAX) are touching record highs. India’s current dip is an opportunity rather than a warning sign.
3. India Remains the Fastest-Growing Economy – With projected GDP growth of 6-7%, India is outperforming most global economies, ensuring long-term market potential.
4. Strong Corporate Earnings – Many Indian companies, particularly in sectors like banking, IT, infrastructure, and manufacturing, have reported robust earnings growth.
5. Domestic Investment is at an All-Time High – SIP inflows in mutual funds are at record levels, reflecting strong retail investor participation.
The Right Approach: Invest with Strategy, Not Emotion
Rather than trying to time the bottom, investors should:
Focus on fundamentally strong companies with consistent earnings and growth potential.
Invest in phases (SIP or staggered buying) to manage volatility.
Stay patient—market cycles are natural, and long-term investors have always been rewarded.
Corrections Create Opportunities
The market is not broken—it's just resetting valuations after a strong rally. India’s economic fundamentals remain intact, and long-term wealth is built by staying invested through cycles.
As Warren Buffett says: “The stock market is designed to transfer money from the active to the patient.”
Stay patient, stay invested, and let time work in your favor. T.me/AlliesFin
The recent market correction may be unsettling, but history has consistently shown that strong fundamentals always prevail.
Instead of reacting emotionally, investors should focus on quality stocks and deploy capital strategically in phases.
Market Corrections Are Temporary; Growth is Permanent
India’s stock market has witnessed multiple downturns in the past:
1992 Harshad Mehta Crash – Triggered by a banking scam, but the market rebounded as regulations strengthened.
2000 Dotcom Bubble Burst – Overvaluation in tech stocks led to a collapse, but innovation eventually drove the IT sector to new highs.
2008 Lehman Brothers Crisis – A global financial meltdown, yet India emerged stronger with robust banking and financial reforms.
2015 Market Correction – A mix of global slowdowns and domestic factors, but growth stocks continued delivering value.
2020 COVID-19 Crash – One of the sharpest falls, yet the fastest recovery, proving India’s resilience.
Each time, the Indian market has not only recovered but emerged stronger, rewarding those who remained patient and invested wisely.
Why This Time is Different & Why Investors Should Stay Optimistic
1. No Major Domestic Crisis or Scam – Unlike previous corrections driven by frauds or financial crises, the current downturn is not due to any structural weakness in India.
2. Global Markets are at New Highs – Major indices in the US (S&P 500, Nasdaq) and Germany (DAX) are touching record highs. India’s current dip is an opportunity rather than a warning sign.
3. India Remains the Fastest-Growing Economy – With projected GDP growth of 6-7%, India is outperforming most global economies, ensuring long-term market potential.
4. Strong Corporate Earnings – Many Indian companies, particularly in sectors like banking, IT, infrastructure, and manufacturing, have reported robust earnings growth.
5. Domestic Investment is at an All-Time High – SIP inflows in mutual funds are at record levels, reflecting strong retail investor participation.
The Right Approach: Invest with Strategy, Not Emotion
Rather than trying to time the bottom, investors should:
Focus on fundamentally strong companies with consistent earnings and growth potential.
Invest in phases (SIP or staggered buying) to manage volatility.
Stay patient—market cycles are natural, and long-term investors have always been rewarded.
Corrections Create Opportunities
The market is not broken—it's just resetting valuations after a strong rally. India’s economic fundamentals remain intact, and long-term wealth is built by staying invested through cycles.
As Warren Buffett says: “The stock market is designed to transfer money from the active to the patient.”
Stay patient, stay invested, and let time work in your favor. T.me/AlliesFin
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Key Takeaways from Jonathan Garner, Morgan Stanley's Chief Asia and EM Equity Strategist: @AlliesFin
Earnings and Interest Rates
1. Earnings revisions in Nov & Dec were significantly negative.
2. Expects the earnings down cycle to end by the June quarter.
3. Interest rate cuts will aid the earnings recovery story.
Trade and Market Outlook
1. India and Japan are unlikely to be affected by tariff and non-tariff barrier escalations.
2. Globally and locally, the outlook remains constructive for India.
Market Overweights and Underweights
1. Overweights: Japan, India, and Singapore.
2. Underweights: China, Korea, and Taiwan.
Link to this post
https://t.me/AlliesFin/15707
Earnings and Interest Rates
1. Earnings revisions in Nov & Dec were significantly negative.
2. Expects the earnings down cycle to end by the June quarter.
3. Interest rate cuts will aid the earnings recovery story.
Trade and Market Outlook
1. India and Japan are unlikely to be affected by tariff and non-tariff barrier escalations.
2. Globally and locally, the outlook remains constructive for India.
Market Overweights and Underweights
1. Overweights: Japan, India, and Singapore.
2. Underweights: China, Korea, and Taiwan.
Link to this post
https://t.me/AlliesFin/15707
Telegram
🇮🇳AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
Key Takeaways from Jonathan Garner, Morgan Stanley's Chief Asia and EM Equity Strategist: @AlliesFin
Earnings and Interest Rates
1. Earnings revisions in Nov & Dec were significantly negative.
2. Expects the earnings down cycle to end by the June quarter.…
Earnings and Interest Rates
1. Earnings revisions in Nov & Dec were significantly negative.
2. Expects the earnings down cycle to end by the June quarter.…
*News Headlines from Business News Agencies :*
*Business Standard :*
📝 Volvo to set up 4th global manufacturing hub in Hosakote with Rs 1,400 cr
📝 Indian Oil Corp inks 14-year LNG supply pact worth $7-9 bn with UAE's ADNOC
📝 Ensure fair customer treatment, address their grievances: RBI Guv to NBFCs
📝 Uttar Pradesh govt sets ₹60,000 cr excise revenue target for FY26
📝 Ed-tech unicorn LEAD Group eyes IPO within 2-3 years: Smita Deorah
📝 Oil prices drop amid Ukraine-Russia peace talks, rising US crude stocks
📝 Karnataka seeks $4 billion private investment to expand power grid
📝 Exim Bank to provide $300 mn credit to Vietnam for boats, patrol vessels
📝 Real estate firms dominate QIP market in 2024, raise Rs 22,320 cr: Report
📝 Wadhwan brothers secure bail in 2020 YES Bank money laundering case
📝 Bharat Forge, Liebherr collaborate on advanced aerospace manufacturing
📝 ITC in talks to acquire MTR Foods and Eastern Condiments in $1.4 bn deal
*Economic Times :*
📝 India’s consumption pivot to hurt smaller stocks, Bank of America says
📝 TATA.ev launches Collaboration 2.0 to accelerate domestic EV charging ecosystem
📝 Ola Consumer achieves profitability in mobility, financial services in FY24
📝 Adani Total Dhamra LNG terminal expansion not imminent, CEO says
📝 Govt not to extend duty-free import of yellow peas beyond Feb: Joshi
📝 Most CEOs plan to integrate AI into their operations: Cisco Study
📝 Passenger vehicle dispatches to dealers rise 1.6 pc in January
📝 Tribeca inks joint development pact for 3-acre project in Pune
📝 Safran selects TEAL for the production of LEAP engine turbine parts in India
📝 Zestmoney cofounder Lizzie Chapman quits Reliance-backed Swiffy Labs
📝 Bengaluru-based defense tech firm gets export orders for unmanned aircraft
*Mint :*
📝 IEA slightly lifts oil demand outlook, says supply surplus narrowing
📝 Unicommerce eyes growth in loyalty programmes, ad-tech amid e-commerce surge
📝 IFC invests ₹860 cr in India's first sustainability bonds issued by Cube InvIT
📝 Imagicaaworld to raise ₹345 crore for new water park, solar plant acquisitions
📝 Govt road project execution set to slow down next fiscal, says Icra
📝 M&M Financial board approves raising up to ₹3000 crore via rights issue
📝 Profitability-based factor strategies consistently outperform Nifty: Capitalmind
📝 Honda, Nissan and Mitsubishi drop their talks on business integration
📝 Harsha Engineers Q3 Result: Net Profit Down 10% At ₹26.7 crore
📝 Pristyn Care on edge as top-level exits and business setbacks take a toll
📝 Impact of distribution system scale-up to be seen in coming quarters: Honasa CEO
*Business Standard :*
📝 Volvo to set up 4th global manufacturing hub in Hosakote with Rs 1,400 cr
📝 Indian Oil Corp inks 14-year LNG supply pact worth $7-9 bn with UAE's ADNOC
📝 Ensure fair customer treatment, address their grievances: RBI Guv to NBFCs
📝 Uttar Pradesh govt sets ₹60,000 cr excise revenue target for FY26
📝 Ed-tech unicorn LEAD Group eyes IPO within 2-3 years: Smita Deorah
📝 Oil prices drop amid Ukraine-Russia peace talks, rising US crude stocks
📝 Karnataka seeks $4 billion private investment to expand power grid
📝 Exim Bank to provide $300 mn credit to Vietnam for boats, patrol vessels
📝 Real estate firms dominate QIP market in 2024, raise Rs 22,320 cr: Report
📝 Wadhwan brothers secure bail in 2020 YES Bank money laundering case
📝 Bharat Forge, Liebherr collaborate on advanced aerospace manufacturing
📝 ITC in talks to acquire MTR Foods and Eastern Condiments in $1.4 bn deal
*Economic Times :*
📝 India’s consumption pivot to hurt smaller stocks, Bank of America says
📝 TATA.ev launches Collaboration 2.0 to accelerate domestic EV charging ecosystem
📝 Ola Consumer achieves profitability in mobility, financial services in FY24
📝 Adani Total Dhamra LNG terminal expansion not imminent, CEO says
📝 Govt not to extend duty-free import of yellow peas beyond Feb: Joshi
📝 Most CEOs plan to integrate AI into their operations: Cisco Study
📝 Passenger vehicle dispatches to dealers rise 1.6 pc in January
📝 Tribeca inks joint development pact for 3-acre project in Pune
📝 Safran selects TEAL for the production of LEAP engine turbine parts in India
📝 Zestmoney cofounder Lizzie Chapman quits Reliance-backed Swiffy Labs
📝 Bengaluru-based defense tech firm gets export orders for unmanned aircraft
*Mint :*
📝 IEA slightly lifts oil demand outlook, says supply surplus narrowing
📝 Unicommerce eyes growth in loyalty programmes, ad-tech amid e-commerce surge
📝 IFC invests ₹860 cr in India's first sustainability bonds issued by Cube InvIT
📝 Imagicaaworld to raise ₹345 crore for new water park, solar plant acquisitions
📝 Govt road project execution set to slow down next fiscal, says Icra
📝 M&M Financial board approves raising up to ₹3000 crore via rights issue
📝 Profitability-based factor strategies consistently outperform Nifty: Capitalmind
📝 Honda, Nissan and Mitsubishi drop their talks on business integration
📝 Harsha Engineers Q3 Result: Net Profit Down 10% At ₹26.7 crore
📝 Pristyn Care on edge as top-level exits and business setbacks take a toll
📝 Impact of distribution system scale-up to be seen in coming quarters: Honasa CEO
GIFT Nifty +105 pts (23200) from last trade 23095 , @AlliesFin
Nikkei -251 pts ,
Hangseng +213 pts ,
Dow +342.87 pts ,Nsdq +295.69 pts, S&P
+63.10 pts , Bovespa +469 pts , Ftse -42 pts , Dax +463 pts , Cac +121 pts , Crude @ $71.31 brl (+0.02), Brent @ $75.02 brl (-0.00) , Gold @ 2957.40 (+12.10), Silver $32.965 (+0.23), Euro @ $1.0461, JPY @ $152.79, INR @ 86.773
Today's Corporate Action
*14th Feb Ex Date*
T.me/AlliesFin
AARTIPHARM
Interim Dividend - Rs. - 2.5000
ADVANIHOTR
Interim Dividend - Rs. - 1.0000
AKCAPIT
Interim Dividend - Rs. - 12.0000
ALKEM
Interim Dividend - Rs. - 37.0000
APOLLOHOSP
Interim Dividend - Rs. - 9.0000
ASCENSIVE
Stock Split From Rs.10/- to Rs.1/-
ASHUTPM
E.G.M.
BANCOINDIA
Interim Dividend - Rs. - 11.0000
BDL
Interim Dividend - Rs. - 4.0000
BEML
Interim Dividend - Rs. - 5.0000
CUMMINSIND
Interim Dividend - Rs. - 18.0000
DHRUV
Interim Dividend - Rs. - 0.1000
EKI
Interim Dividend - Rs. - 2.0000
ENGINERSIN
Interim Dividend - Rs. - 2.0000
ESCORTS
Interim Dividend - Rs. - 10.0000
GOLDIAM
Interim Dividend - Rs. - 1.0000
GULFOILLUB
Interim Dividend - Rs. - 20.0000
KIRLFER
Interim Dividend - Rs. - 3.0000
MAJESAUT
Interim Dividend - Rs. - 5.0000
MOIL
Interim Dividend - Rs. - 4.0200
MRF
Interim Dividend - Rs. - 3.0000
MSTCLTD
Interim Dividend - Rs. - 32.0000
NATIONALUM
Interim Dividend - Rs. - 4.0000
NICCOPAR
Interim Dividend
PIIND
Interim Dividend - Rs. - 6.0000
PREMIERENE
Interim Dividend - Rs. - 0.5000
RECLTD
Interim Dividend - Rs. - 4.3000
RFSL
Bonus issue 1:1
SAREGAMA
Interim Dividend - Rs. - 4.5000
TANAA
Interim Dividend - Rs. - 1.5000
TARIL
Bonus issue 1:1
Stock under F&O ban on NSE
*14-Feb-25*
1 MANAPPURAM
Nikkei -251 pts ,
Hangseng +213 pts ,
Dow +342.87 pts ,Nsdq +295.69 pts, S&P
+63.10 pts , Bovespa +469 pts , Ftse -42 pts , Dax +463 pts , Cac +121 pts , Crude @ $71.31 brl (+0.02), Brent @ $75.02 brl (-0.00) , Gold @ 2957.40 (+12.10), Silver $32.965 (+0.23), Euro @ $1.0461, JPY @ $152.79, INR @ 86.773
Today's Corporate Action
*14th Feb Ex Date*
T.me/AlliesFin
AARTIPHARM
Interim Dividend - Rs. - 2.5000
ADVANIHOTR
Interim Dividend - Rs. - 1.0000
AKCAPIT
Interim Dividend - Rs. - 12.0000
ALKEM
Interim Dividend - Rs. - 37.0000
APOLLOHOSP
Interim Dividend - Rs. - 9.0000
ASCENSIVE
Stock Split From Rs.10/- to Rs.1/-
ASHUTPM
E.G.M.
BANCOINDIA
Interim Dividend - Rs. - 11.0000
BDL
Interim Dividend - Rs. - 4.0000
BEML
Interim Dividend - Rs. - 5.0000
CUMMINSIND
Interim Dividend - Rs. - 18.0000
DHRUV
Interim Dividend - Rs. - 0.1000
EKI
Interim Dividend - Rs. - 2.0000
ENGINERSIN
Interim Dividend - Rs. - 2.0000
ESCORTS
Interim Dividend - Rs. - 10.0000
GOLDIAM
Interim Dividend - Rs. - 1.0000
GULFOILLUB
Interim Dividend - Rs. - 20.0000
KIRLFER
Interim Dividend - Rs. - 3.0000
MAJESAUT
Interim Dividend - Rs. - 5.0000
MOIL
Interim Dividend - Rs. - 4.0200
MRF
Interim Dividend - Rs. - 3.0000
MSTCLTD
Interim Dividend - Rs. - 32.0000
NATIONALUM
Interim Dividend - Rs. - 4.0000
NICCOPAR
Interim Dividend
PIIND
Interim Dividend - Rs. - 6.0000
PREMIERENE
Interim Dividend - Rs. - 0.5000
RECLTD
Interim Dividend - Rs. - 4.3000
RFSL
Bonus issue 1:1
SAREGAMA
Interim Dividend - Rs. - 4.5000
TANAA
Interim Dividend - Rs. - 1.5000
TARIL
Bonus issue 1:1
Stock under F&O ban on NSE
*14-Feb-25*
1 MANAPPURAM
👍1
Corporate Actions
Mahindra Lifespace Developers has approved fund-raising of up to Rs 1,500 crore via a rights issue.
Dividend
14-Feb-25
AARTIPHARM: Interim Dividend - Rs. - 2.50
ADVANIHOTR: Interim Dividend - Rs. - 1.00
AKCAPIT: Interim Dividend - Rs. - 12.00
ALKEM: Interim Dividend - Rs. - 37.00
APOLLOHOSP: Interim Dividend - Rs. - 9.00
BANCOINDIA: Interim Dividend - Rs. - 11.00
BDL: Interim Dividend - Rs. - 4.00
BEML: Interim Dividend - Rs. - 5.00
CUMMINSIND: Interim Dividend - Rs. - 18.00
DHRUV: Interim Dividend - Rs. - 0.10
EKI: Interim Dividend - Rs. - 2.00
ENGINERSIN: Interim Dividend - Rs. - 2.00
ESCORTS: Interim Dividend - Rs. - 10.00
GOLDIAM: Interim Dividend - Rs. - 1.00
GULFOILLUB: Interim Dividend - Rs. - 20.00
KIRLFER: Interim Dividend - Rs. - 3.00
MAJESAUT: Interim Dividend - Rs. - 5.00
MOIL: Interim Dividend
MRF: Interim Dividend - Rs. - 3.00
MSTCLTD: Interim Dividend - Rs. - 32.00
NATIONALUM: Interim Dividend - Rs. - 4.00
NICCOPAR: Interim Dividend
PIIND: Interim Dividend - Rs. - 6.00
PREMIERENE: Interim Dividend - Rs. - 0.50
RECLTD: Interim Dividend - Rs. - 4.30
SAREGAMA: Interim Dividend - Rs. - 4.50
TANAA: Interim Dividend - Rs. - 1.50
17-Feb-25
AEPL: Interim Dividend - Rs. - 0.0050
BECTORFOOD: Interim Dividend - Rs. - 3.00
CAMPUS: Interim Dividend
GARUDA: Interim Dividend - Rs. - 0.0250
IRCON: Interim Dividend
OIL: Interim Dividend - Rs. - 7.00
PREMCO: Interim Dividend - Rs. - 2.00
IPO
Hexaware Technologies: Open: 12-Feb-25; Close: 14-Feb-24
Quality Power Electrical Equipments: Open: 14-Feb-25; Close: 18-Feb-24
Buyback
---
Bonus
Richfield Financial Services: Bonus Issue 1:1; Ex-Date: 14-Feb-25
Transformers And Rectifiers: Bonus Issue 1:1; Ex-Date: 14-Feb-25
Stock Split
Ascensive Educare: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 14-Feb-25
Capital India Finance: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 17-Feb-25
Conart Engineers: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 19-Feb-25
Right Issue
GTT Data Solutions: Open: 27-Jan-25; Close: 18-Feb-24
Iel: Open: 04-Feb-25; Close: 21-Feb-24
Jyoti Structures: Open: 17-Feb-25; Close: 03-Mar-24
Thangamayil Jewellery: Open: 21-Feb-25; Close: 04-Mar-24
Harshil Agrotech: Open: 18-Feb-25; Close: 17-Mar-24
Open Offer
Aavas Financiers: Open: 21-Feb-25; Close: 07-Mar-25
Mahindra Lifespace Developers has approved fund-raising of up to Rs 1,500 crore via a rights issue.
Dividend
14-Feb-25
AARTIPHARM: Interim Dividend - Rs. - 2.50
ADVANIHOTR: Interim Dividend - Rs. - 1.00
AKCAPIT: Interim Dividend - Rs. - 12.00
ALKEM: Interim Dividend - Rs. - 37.00
APOLLOHOSP: Interim Dividend - Rs. - 9.00
BANCOINDIA: Interim Dividend - Rs. - 11.00
BDL: Interim Dividend - Rs. - 4.00
BEML: Interim Dividend - Rs. - 5.00
CUMMINSIND: Interim Dividend - Rs. - 18.00
DHRUV: Interim Dividend - Rs. - 0.10
EKI: Interim Dividend - Rs. - 2.00
ENGINERSIN: Interim Dividend - Rs. - 2.00
ESCORTS: Interim Dividend - Rs. - 10.00
GOLDIAM: Interim Dividend - Rs. - 1.00
GULFOILLUB: Interim Dividend - Rs. - 20.00
KIRLFER: Interim Dividend - Rs. - 3.00
MAJESAUT: Interim Dividend - Rs. - 5.00
MOIL: Interim Dividend
MRF: Interim Dividend - Rs. - 3.00
MSTCLTD: Interim Dividend - Rs. - 32.00
NATIONALUM: Interim Dividend - Rs. - 4.00
NICCOPAR: Interim Dividend
PIIND: Interim Dividend - Rs. - 6.00
PREMIERENE: Interim Dividend - Rs. - 0.50
RECLTD: Interim Dividend - Rs. - 4.30
SAREGAMA: Interim Dividend - Rs. - 4.50
TANAA: Interim Dividend - Rs. - 1.50
17-Feb-25
AEPL: Interim Dividend - Rs. - 0.0050
BECTORFOOD: Interim Dividend - Rs. - 3.00
CAMPUS: Interim Dividend
GARUDA: Interim Dividend - Rs. - 0.0250
IRCON: Interim Dividend
OIL: Interim Dividend - Rs. - 7.00
PREMCO: Interim Dividend - Rs. - 2.00
IPO
Hexaware Technologies: Open: 12-Feb-25; Close: 14-Feb-24
Quality Power Electrical Equipments: Open: 14-Feb-25; Close: 18-Feb-24
Buyback
---
Bonus
Richfield Financial Services: Bonus Issue 1:1; Ex-Date: 14-Feb-25
Transformers And Rectifiers: Bonus Issue 1:1; Ex-Date: 14-Feb-25
Stock Split
Ascensive Educare: Stock Split From Rs. 10/- to Rs. 1/-; Ex-Date: 14-Feb-25
Capital India Finance: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 17-Feb-25
Conart Engineers: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 19-Feb-25
Right Issue
GTT Data Solutions: Open: 27-Jan-25; Close: 18-Feb-24
Iel: Open: 04-Feb-25; Close: 21-Feb-24
Jyoti Structures: Open: 17-Feb-25; Close: 03-Mar-24
Thangamayil Jewellery: Open: 21-Feb-25; Close: 04-Mar-24
Harshil Agrotech: Open: 18-Feb-25; Close: 17-Mar-24
Open Offer
Aavas Financiers: Open: 21-Feb-25; Close: 07-Mar-25
Reciprocal Tariffs - Delayed but not forgotten !
@AlliesFin
10 points from last night.
1. President Trump said that that Secy of Commerce Lutnick will be working on a reciprocal tariff plan
2. Lutnick confirmed that reciprocal tariff studies will be complete by April 1
3. Lutnick said that reciprocal tariffs will start by April 2, barring President Trump's approval
4. Lutnick specifically mentioned Canada, Mexico as pathways for goods from India, China
5. "I don't expect [exemptions or waivers]," said Trump on reciprocal tariffs more broadly
6. Some tariffs "coming soon". Trump said that auto, steel, aluminum, pharmaceutical tariffs are "coming soon." No specific date was mentioned.
7. Trump does not plan exemptions on auto tariffs.
8. BRICS 100% tariff threat. Trump repeats that BRICS will be hit with a 100% tariff if they play with the dollar. BRICS - Brazil, Russia, India, China, South Africa.
9. China-US meeting at "some point". Trump repeated that he will meet with China at some point, but he did not specify a day or time.
10. VATs = Tariffs. Trump said that he will consider VATs to be similar to tariffs. Value Added Tax (VAT) is a consumption tax that is applied to nearly all goods and services that are bought and sold for use or consumption in the EU.
By Prashant Nair
On Telegram Channel @AlliesFin
@AlliesFin
10 points from last night.
1. President Trump said that that Secy of Commerce Lutnick will be working on a reciprocal tariff plan
2. Lutnick confirmed that reciprocal tariff studies will be complete by April 1
3. Lutnick said that reciprocal tariffs will start by April 2, barring President Trump's approval
4. Lutnick specifically mentioned Canada, Mexico as pathways for goods from India, China
5. "I don't expect [exemptions or waivers]," said Trump on reciprocal tariffs more broadly
6. Some tariffs "coming soon". Trump said that auto, steel, aluminum, pharmaceutical tariffs are "coming soon." No specific date was mentioned.
7. Trump does not plan exemptions on auto tariffs.
8. BRICS 100% tariff threat. Trump repeats that BRICS will be hit with a 100% tariff if they play with the dollar. BRICS - Brazil, Russia, India, China, South Africa.
9. China-US meeting at "some point". Trump repeated that he will meet with China at some point, but he did not specify a day or time.
10. VATs = Tariffs. Trump said that he will consider VATs to be similar to tariffs. Value Added Tax (VAT) is a consumption tax that is applied to nearly all goods and services that are bought and sold for use or consumption in the EU.
By Prashant Nair
On Telegram Channel @AlliesFin