*News Headlines from Business News Agencies:*
*Business Standard*
๐ Forex reserves rise $7.654 billion to $638.261 billion in the week ended February 7, says RBI
๐ Reciprocal tariffs by Trump admin may not hurt India much, says GTRI
๐ PwC rejigs key leadership roles to strengthen India presence from April
๐ Ola Consumer turns Ebitda profitable; revenue declines 21% in FY24
๐ RBI intervention boosts rupee to strongest weekly gain in 19 months
๐ FinMin asks ICAI to review new Income Tax Bill 2025, suggest improvements
๐ Trump tariff is not 'negative' for Hindalco's India business: Satish Pai
๐ Natural gas, nuclear energy get renewed push from Trump-Modi trade talks
๐ Overall bank exposure to NBFCs moderates, but remain primary source
๐ Hexaware Technologies IPO fully subscribed; QIBs drive demand on Day 3
๐ T-Series, Saregama, Sony Music look to join copyright suit against OpenAI
๐ Texmaco, Trinity Group ink global supply pact to boost rail solutions
*Economic Times*
๐ Boeing ties up with HPCL for sustainable aviation fuel ecosystem
๐ Zydus Lifesciences inks licensing pact with Zhuhai for cancer drug
๐ Sachin Bansal assumes chairman role at Navi, appoints new CEOs
๐ RBI supersedes board of Mumbai-based New India Co-op Bank
๐ Trident Group earmarks Rs 1,000 cr capex for FY26 on sustainability, modernisation
๐ Reliance Consumer Products expands portfolio with Velvette acquisition
๐ Indian sports tech industry to touch Rs 49,500 crore market size by FY29
๐ PMI Electro Mobility Solutions gets Rs 250 crore funding
๐ Zepto expands into pharmacy, wellness space
๐ India wearable device shipments dip for third consecutive quarter: IDC data
๐ US power companies increase data centre demand spending as DeepSeek fears wane
๐ Tataโs video unit broadcasts 80% of global sporting events
*Mint*
๐ Indiaโs wholesale inflation eases to 2.31% in January as food prices cool
๐ Chinaโs Credit Expansion Picks Up in January on Lending Push
๐ Lower yield to impact cotton production in 2024-25 season: CAI
๐ Indiaโs merchandise exports forecast to reach $124.8 bn in Q4FY25: Exim Bank
๐ Samvardhana Motherson Q3 Results: Net profit jumps 55.4%YoY to โน984.35 crore
๐ Berger Paints shines in Q3, but the spectre of competition looms
๐ Chinaโs central bank signals policy adjustments amid rising global risks
๐ QIP fundraising hits record high in 2024, real estate corners biggest chunk
๐ Supreme Court junks telcos' pleas on miscalculation in AGR dues
๐ Boeingโs push to boost 737 production starts with closing โshadow factoryโ
๐ EU Commission to take โfirm actionโ against Donald Trump's tariff hike.
*Business Standard*
๐ Forex reserves rise $7.654 billion to $638.261 billion in the week ended February 7, says RBI
๐ Reciprocal tariffs by Trump admin may not hurt India much, says GTRI
๐ PwC rejigs key leadership roles to strengthen India presence from April
๐ Ola Consumer turns Ebitda profitable; revenue declines 21% in FY24
๐ RBI intervention boosts rupee to strongest weekly gain in 19 months
๐ FinMin asks ICAI to review new Income Tax Bill 2025, suggest improvements
๐ Trump tariff is not 'negative' for Hindalco's India business: Satish Pai
๐ Natural gas, nuclear energy get renewed push from Trump-Modi trade talks
๐ Overall bank exposure to NBFCs moderates, but remain primary source
๐ Hexaware Technologies IPO fully subscribed; QIBs drive demand on Day 3
๐ T-Series, Saregama, Sony Music look to join copyright suit against OpenAI
๐ Texmaco, Trinity Group ink global supply pact to boost rail solutions
*Economic Times*
๐ Boeing ties up with HPCL for sustainable aviation fuel ecosystem
๐ Zydus Lifesciences inks licensing pact with Zhuhai for cancer drug
๐ Sachin Bansal assumes chairman role at Navi, appoints new CEOs
๐ RBI supersedes board of Mumbai-based New India Co-op Bank
๐ Trident Group earmarks Rs 1,000 cr capex for FY26 on sustainability, modernisation
๐ Reliance Consumer Products expands portfolio with Velvette acquisition
๐ Indian sports tech industry to touch Rs 49,500 crore market size by FY29
๐ PMI Electro Mobility Solutions gets Rs 250 crore funding
๐ Zepto expands into pharmacy, wellness space
๐ India wearable device shipments dip for third consecutive quarter: IDC data
๐ US power companies increase data centre demand spending as DeepSeek fears wane
๐ Tataโs video unit broadcasts 80% of global sporting events
*Mint*
๐ Indiaโs wholesale inflation eases to 2.31% in January as food prices cool
๐ Chinaโs Credit Expansion Picks Up in January on Lending Push
๐ Lower yield to impact cotton production in 2024-25 season: CAI
๐ Indiaโs merchandise exports forecast to reach $124.8 bn in Q4FY25: Exim Bank
๐ Samvardhana Motherson Q3 Results: Net profit jumps 55.4%YoY to โน984.35 crore
๐ Berger Paints shines in Q3, but the spectre of competition looms
๐ Chinaโs central bank signals policy adjustments amid rising global risks
๐ QIP fundraising hits record high in 2024, real estate corners biggest chunk
๐ Supreme Court junks telcos' pleas on miscalculation in AGR dues
๐ Boeingโs push to boost 737 production starts with closing โshadow factoryโ
๐ EU Commission to take โfirm actionโ against Donald Trump's tariff hike.
*GIFT Nifty -15 pts (22957) from last trade 22972 ,*
Nikkei -71 pts ,
Hangseng +135 pts ,
Dow -165.35 pts ,Nsdq +81.13 pts, S&P
-0.44 pts , Bovespa +3368 pts , Ftse -32 pts , Dax -98 pts , Cac +14 pts , Crude @ $70.33 brl (-0.41), Brent @ $74.41 brl (-0.33) , Gold @ 2893.00 (-7.70), Silver $32.565 (-0.29), Euro @ $1.049, JPY @ $152.00, INR @ 86.625
*Today's Corporate Action*
*17th Feb Ex Date*
AEPL
Interim Dividend - Rs. - 0.0050
BECTORFOOD
Interim Dividend - Rs. - 3.0000
CAMPUS
Interim Dividend - Rs. - 0.7000
CIFL
Stock Split From Rs.10/- to Rs.2/-
DALMIASUG
Interim Dividend - Rs. - 4.5000
EUROASIA
E.G.M.
GARUDA
Interim Dividend - Rs. - 0.0250
IIFLCAPS
Interim Dividend - Rs. - 3.0000
IRCON
Interim Dividend - Rs. - 1.6500
OIL
Interim Dividend - Rs. - 7.0000
PREMCO
Interim Dividend - Rs. - 2.0000
*Today's Key Results/Board Meetings*
*17-Feb-25*
ABB
Final Dividend;Quarterly Results;Audited Results;A.G.M.
BJDUP
General
MAHESH
Quarterly Results
PODDARHOUS
General
RAJTUBE
General;Increase in Authorised Capital;Stock Split
RFSL
General
SBICARD
Interim Dividend
STARLOG
General;Preferential Issue of shares
*Stock under F&O ban on NSE*
*17-Feb-25*
1 DEEPAKNTR
Nikkei -71 pts ,
Hangseng +135 pts ,
Dow -165.35 pts ,Nsdq +81.13 pts, S&P
-0.44 pts , Bovespa +3368 pts , Ftse -32 pts , Dax -98 pts , Cac +14 pts , Crude @ $70.33 brl (-0.41), Brent @ $74.41 brl (-0.33) , Gold @ 2893.00 (-7.70), Silver $32.565 (-0.29), Euro @ $1.049, JPY @ $152.00, INR @ 86.625
*Today's Corporate Action*
*17th Feb Ex Date*
AEPL
Interim Dividend - Rs. - 0.0050
BECTORFOOD
Interim Dividend - Rs. - 3.0000
CAMPUS
Interim Dividend - Rs. - 0.7000
CIFL
Stock Split From Rs.10/- to Rs.2/-
DALMIASUG
Interim Dividend - Rs. - 4.5000
EUROASIA
E.G.M.
GARUDA
Interim Dividend - Rs. - 0.0250
IIFLCAPS
Interim Dividend - Rs. - 3.0000
IRCON
Interim Dividend - Rs. - 1.6500
OIL
Interim Dividend - Rs. - 7.0000
PREMCO
Interim Dividend - Rs. - 2.0000
*Today's Key Results/Board Meetings*
*17-Feb-25*
ABB
Final Dividend;Quarterly Results;Audited Results;A.G.M.
BJDUP
General
MAHESH
Quarterly Results
PODDARHOUS
General
RAJTUBE
General;Increase in Authorised Capital;Stock Split
RFSL
General
SBICARD
Interim Dividend
STARLOG
General;Preferential Issue of shares
*Stock under F&O ban on NSE*
*17-Feb-25*
1 DEEPAKNTR
*News Headlines from Business News Agencies:*
*Business Standard*
๐ Godrej Propertiesbought 12 land parcels in Apr-Dec 2024: Pirojsha
๐ Private equity funds turn to platform models for scalable growth in India
๐ Indian startup unicornsgrow far beyond IIT, IIM, and ISBs: Study
๐ RBI curbs on New India
Co-op Bank: Deposit insurance offers silver lining
๐ Proposed India-US BTA:US may ask for more access to agri products, ethanol
๐ RIL to appeal against Delhi HC order on gas dispute in Supreme Court
๐ PMI Electro Mobility secures Rs 250 crore funding for strategic EV growth
๐ Samsung India plant standoff set to intensify amid worker protests
๐ PSU NBFCs reissue bonds in Feb as fundraising limit reached for FY25
๐ Private hospitals to expand bed capacity, focus on oncology in FY26
*Economic Times*
๐ India's wearable devicemarket declined in 2024 for the first time, shows IDC data
๐ HFCL eyes growth from overseas sales, sets Rs 10,000-cr revenue target
๐ Assam govt to set upmega industrial park in Morigaon
๐ AI startup Ikonz Studios secures funding led by industry veteran Marc Jordan
๐ Reliance, BP losedecade-old gas migration dispute
๐ India-US TRUST to drive economic cooperation, IMEC framework to boost infra collaboration: Experts
๐ Tencent's messaging app Weixin launches beta testing with DeepSeek
๐ Hero MotoCorp eyes double-digit revenue growth next fiscal: CFO
๐ Standard Chartered gets RBI nod to appoint PD Singh as India CEO
๐ Pick up in private capex to improve loan growth from H2FY26: Report
*Mint*
๐ AeronauticalDevelopment Agency, Mishra Dhatu sign MoU for high-strength steel
๐ India better placed than Asian peers for Japanese FDI: Deloitte Japan CEO Kimura
๐ NHPC to list green energy arm by FY27, eyes 20 GW pumpedstorage capacity
๐ Madhya Pradesh's new logistics policy will improve supply efficiency, attract investors: Yadav
๐ Trump administrationcuts reach FDA employees in food safety, medical devices and tobacco products
๐ Auto and chemical sectors lead in quality certifications: CII study
๐ Syama Prasad Mookerjee Port plans to lease land for eco-wellness hub.
*Business Standard*
๐ Godrej Propertiesbought 12 land parcels in Apr-Dec 2024: Pirojsha
๐ Private equity funds turn to platform models for scalable growth in India
๐ Indian startup unicornsgrow far beyond IIT, IIM, and ISBs: Study
๐ RBI curbs on New India
Co-op Bank: Deposit insurance offers silver lining
๐ Proposed India-US BTA:US may ask for more access to agri products, ethanol
๐ RIL to appeal against Delhi HC order on gas dispute in Supreme Court
๐ PMI Electro Mobility secures Rs 250 crore funding for strategic EV growth
๐ Samsung India plant standoff set to intensify amid worker protests
๐ PSU NBFCs reissue bonds in Feb as fundraising limit reached for FY25
๐ Private hospitals to expand bed capacity, focus on oncology in FY26
*Economic Times*
๐ India's wearable devicemarket declined in 2024 for the first time, shows IDC data
๐ HFCL eyes growth from overseas sales, sets Rs 10,000-cr revenue target
๐ Assam govt to set upmega industrial park in Morigaon
๐ AI startup Ikonz Studios secures funding led by industry veteran Marc Jordan
๐ Reliance, BP losedecade-old gas migration dispute
๐ India-US TRUST to drive economic cooperation, IMEC framework to boost infra collaboration: Experts
๐ Tencent's messaging app Weixin launches beta testing with DeepSeek
๐ Hero MotoCorp eyes double-digit revenue growth next fiscal: CFO
๐ Standard Chartered gets RBI nod to appoint PD Singh as India CEO
๐ Pick up in private capex to improve loan growth from H2FY26: Report
*Mint*
๐ AeronauticalDevelopment Agency, Mishra Dhatu sign MoU for high-strength steel
๐ India better placed than Asian peers for Japanese FDI: Deloitte Japan CEO Kimura
๐ NHPC to list green energy arm by FY27, eyes 20 GW pumpedstorage capacity
๐ Madhya Pradesh's new logistics policy will improve supply efficiency, attract investors: Yadav
๐ Trump administrationcuts reach FDA employees in food safety, medical devices and tobacco products
๐ Auto and chemical sectors lead in quality certifications: CII study
๐ Syama Prasad Mookerjee Port plans to lease land for eco-wellness hub.
๐ฎ๐ณ *India Daybook โ Stocks in News*
*GSK Pharma:* Net profit at Rs. 229.8 cr vsRs 45.7 cr, Revenue at Rs. 949 cr vs Rs 805 cr (YoY) (Positive)
*Swan Energy:* Net profit at Rs. 561.9 cr
vs Rs 221.03 cr, Revenue at Rs. 1908.1 cr vs Rs 1591.6 cr (YoY) (Positive)
*Kitex Garments:* Net profit at Rs. 43.4 crvs Rs. 21 cr, Revenue at Rs. 276 cr vs Rs. 160 cr (YoY) (Positive)
*UFLEX:* Net profit at Rs. 137.0 cr vs loss
Rs. 67.3 cr, Revenue at Rs. 368 cr vs Rs. 327 cr (YoY) (Positive)
*Pennar Ind:* Net profit at Rs. 30.5 cr vsRs. 25.4 cr, Revenue at Rs. 840 cr vs Rs. 745 cr (YoY) (Positive)
*Polyplex:* Net profit at Rs. 105 cr vs Rs.
17 cr, Revenue at Rs. 1721 cr vs Rs. 1495 cr (YoY) (Positive)
*Jindal Poly:* Net profit at Rs.4.1 cr vsloss Rs 19.4 cr, Revenue at Rs 1371 cr vs Rs 984 cr (YoY) (Positive)
*Panacea:* Net profit at Rs. 4.4 cr vs Rs 2.2
cr, Revenue at Rs 163 cr vs Rs 150 cr (YoY) (Positive)
*Deepak Builders:* Net profit at Rs. 16.3cr vs Rs 10.6 cr, Revenue at Rs. 130 cr vs Rs 107 cr (YoY) (Positive)
*Ashapura Mine:* Net profit at Rs. 101.1 cr
vs Rs. 46.05 cr, Revenue at Rs. 865.4 cr vs Rs. 713.1 cr.(YoY). (Positive)
*Zen Technologies:* Net profit at Rs. 42.66cr vs Rs. 29.84 cr, Revenue at Rs.
152.2 cr vs Rs. 99.51 cr (YoY). (Positive)
*Cupid:* Net profit at Rs. 11.03 cr vs Rs8.86 cr, Revenue at Rs. 46.35 cr vs Rs 40.05 cr (YoY) (Positive)
*Magellanic Cloud:* Net profit at Rs. 29.2
cr vs Rs 22.5 cr, Revenue at Rs. 151 cr vs Rs 131 cr (YoY) (Positive)
*GNFC:* Net profit at Rs. 158 cr vs Rs 95 cr, Revenue at Rs. 1899 crvs Rs 2008 cr (YoY) (Positive)
*Antony Waste:* Net profit at Rs. 18.02 cr vs Rs 15.61 cr, Revenue
at Rs. 242.7 cr vs Rs 217.1 cr (YoY) (Positive)
*Ethos:* Net profit at Rs. 30 cr vs Rs 25cr, Revenue at Rs. 369 cr vs Rs 281 cr (YoY) (Positive)
*Zydus Life:* Company says USFDA concludes inspection at Ambernath
API plant with no observations. (Positive)
*Alembic Pharmaceuticals:* Company Gets EIRfor Its SolidOral Formulation Facility (F-4) at Jarod. Company Received EIR
with Classification as Voluntary Action Indicated. (Positive)
*PCBL:* Company to set up Acetylene Blackplant in India. (Positive)
*M&M:* Companyโs Electric Origin Suvs
Create New Record in The EV Category with Booking Value of Rs. 8472 Crores, securing30179 Bookings on Day 1. (Positive)
*BHEL:* Company has received a Letter of
Intent from Singareni Collieries Company Limited for EPC Pkg. of 1x800 MWSingareni Stage-II project. (Positive)
*EMS:* Company has received LoA for Civil
and MEP Works for Multi-storied Group Housing Project order worth of Rs 272.9crore. (Positive)
*Rites:* Company has been awarded work for
preparation of Feasibility Study Report as Turnkey Depositary mode on cost plusfees basis from NLC India Limited. (Positive)
*Zaggle:* Company enters a service
agreement with Forbes Marshal. (Positive)
*FineotexChemical:* Companyโs product based on Azadirachtin secures government approval
for revolutionary Public Health application. (Positive)
*Redington:*Company's Subsidiary, Announces Divestment of Paynet in Turkey (Positive)
*Oil downstream stocks:* Crude Oil declines
on the prospect of increased flows from Iraq and Russia. (Positive)
*SwanDefence:* Company successfully completes 2nd Indian Coast Guard Vessel Refit
Ahead of Schedule (Positive)
*Career Point:* Net profit at Rs. 13 cr vsRs 15 cr, Revenue at Rs. 26.8 cr vs Rs 26.5 cr (YoY) (Neutral)
*Alasaar Tech:* Net profit at Rs. 12 cr vs
Rs 16.5 cr, Revenue at Rs. 375 cr vs Rs 303 cr (YoY) (Neutral)
*RPP Infra:* Net profit at Rs. 18 cr vs Rs
16 cr, Revenue at Rs. 351 cr vs Rs 319 cr (YoY) (Neutral)
*Munjal Auto:* Net Loss at Rs. 1.99 cr vsRs 23.34 cr, Revenue at Rs. 522 cr vs Rs 422 cr (YoY) (Neutral)
*IZMO Limited:* Net profit at Rs. 6.05 cr
*GSK Pharma:* Net profit at Rs. 229.8 cr vsRs 45.7 cr, Revenue at Rs. 949 cr vs Rs 805 cr (YoY) (Positive)
*Swan Energy:* Net profit at Rs. 561.9 cr
vs Rs 221.03 cr, Revenue at Rs. 1908.1 cr vs Rs 1591.6 cr (YoY) (Positive)
*Kitex Garments:* Net profit at Rs. 43.4 crvs Rs. 21 cr, Revenue at Rs. 276 cr vs Rs. 160 cr (YoY) (Positive)
*UFLEX:* Net profit at Rs. 137.0 cr vs loss
Rs. 67.3 cr, Revenue at Rs. 368 cr vs Rs. 327 cr (YoY) (Positive)
*Pennar Ind:* Net profit at Rs. 30.5 cr vsRs. 25.4 cr, Revenue at Rs. 840 cr vs Rs. 745 cr (YoY) (Positive)
*Polyplex:* Net profit at Rs. 105 cr vs Rs.
17 cr, Revenue at Rs. 1721 cr vs Rs. 1495 cr (YoY) (Positive)
*Jindal Poly:* Net profit at Rs.4.1 cr vsloss Rs 19.4 cr, Revenue at Rs 1371 cr vs Rs 984 cr (YoY) (Positive)
*Panacea:* Net profit at Rs. 4.4 cr vs Rs 2.2
cr, Revenue at Rs 163 cr vs Rs 150 cr (YoY) (Positive)
*Deepak Builders:* Net profit at Rs. 16.3cr vs Rs 10.6 cr, Revenue at Rs. 130 cr vs Rs 107 cr (YoY) (Positive)
*Ashapura Mine:* Net profit at Rs. 101.1 cr
vs Rs. 46.05 cr, Revenue at Rs. 865.4 cr vs Rs. 713.1 cr.(YoY). (Positive)
*Zen Technologies:* Net profit at Rs. 42.66cr vs Rs. 29.84 cr, Revenue at Rs.
152.2 cr vs Rs. 99.51 cr (YoY). (Positive)
*Cupid:* Net profit at Rs. 11.03 cr vs Rs8.86 cr, Revenue at Rs. 46.35 cr vs Rs 40.05 cr (YoY) (Positive)
*Magellanic Cloud:* Net profit at Rs. 29.2
cr vs Rs 22.5 cr, Revenue at Rs. 151 cr vs Rs 131 cr (YoY) (Positive)
*GNFC:* Net profit at Rs. 158 cr vs Rs 95 cr, Revenue at Rs. 1899 crvs Rs 2008 cr (YoY) (Positive)
*Antony Waste:* Net profit at Rs. 18.02 cr vs Rs 15.61 cr, Revenue
at Rs. 242.7 cr vs Rs 217.1 cr (YoY) (Positive)
*Ethos:* Net profit at Rs. 30 cr vs Rs 25cr, Revenue at Rs. 369 cr vs Rs 281 cr (YoY) (Positive)
*Zydus Life:* Company says USFDA concludes inspection at Ambernath
API plant with no observations. (Positive)
*Alembic Pharmaceuticals:* Company Gets EIRfor Its SolidOral Formulation Facility (F-4) at Jarod. Company Received EIR
with Classification as Voluntary Action Indicated. (Positive)
*PCBL:* Company to set up Acetylene Blackplant in India. (Positive)
*M&M:* Companyโs Electric Origin Suvs
Create New Record in The EV Category with Booking Value of Rs. 8472 Crores, securing30179 Bookings on Day 1. (Positive)
*BHEL:* Company has received a Letter of
Intent from Singareni Collieries Company Limited for EPC Pkg. of 1x800 MWSingareni Stage-II project. (Positive)
*EMS:* Company has received LoA for Civil
and MEP Works for Multi-storied Group Housing Project order worth of Rs 272.9crore. (Positive)
*Rites:* Company has been awarded work for
preparation of Feasibility Study Report as Turnkey Depositary mode on cost plusfees basis from NLC India Limited. (Positive)
*Zaggle:* Company enters a service
agreement with Forbes Marshal. (Positive)
*FineotexChemical:* Companyโs product based on Azadirachtin secures government approval
for revolutionary Public Health application. (Positive)
*Redington:*Company's Subsidiary, Announces Divestment of Paynet in Turkey (Positive)
*Oil downstream stocks:* Crude Oil declines
on the prospect of increased flows from Iraq and Russia. (Positive)
*SwanDefence:* Company successfully completes 2nd Indian Coast Guard Vessel Refit
Ahead of Schedule (Positive)
*Career Point:* Net profit at Rs. 13 cr vsRs 15 cr, Revenue at Rs. 26.8 cr vs Rs 26.5 cr (YoY) (Neutral)
*Alasaar Tech:* Net profit at Rs. 12 cr vs
Rs 16.5 cr, Revenue at Rs. 375 cr vs Rs 303 cr (YoY) (Neutral)
*RPP Infra:* Net profit at Rs. 18 cr vs Rs
16 cr, Revenue at Rs. 351 cr vs Rs 319 cr (YoY) (Neutral)
*Munjal Auto:* Net Loss at Rs. 1.99 cr vsRs 23.34 cr, Revenue at Rs. 522 cr vs Rs 422 cr (YoY) (Neutral)
*IZMO Limited:* Net profit at Rs. 6.05 cr
vs Rs 6.88 cr, Revenue at Rs. 58.66 cr vs Rs 50.21 cr (YoY) (Neutral)
*Camlin Fine:* Net Loss at Rs. 7.47 cr vsRs 14.27 cr, Revenue at Rs. 433 cr vs Rs 385 cr (YoY) (Neutral)
*Saraswati Saree:* Net profit at Rs. 7.8 cr
vs Rs 13.2 cr, Revenue at Rs. 182.1 cr vs Rs 228.47 cr (YoY) (Neutral)
*Gufic:* Net profit at Rs. 19.3 cr vs Rs 22.2cr, Revenue at Rs. 208 cr vs Rs 202 cr (YoY) (Neutral)
*Puravankara:* Net Loss at Rs. 92.6 cr vs
Profit Rs 77.79 cr, Revenue at Rs. 318.17 cr vs Rs 573.7 cr (YoY) (Neutral)
*Easy Trip Planners:* Net profit at Rs.34.02 cr vs Rs 45.68. Cr, Revenue at Rs. 150 cr vs Rs 160 cr (YoY) (Neutral)
*Jamna Auto:* Net profit at Rs. 43.8 cr vs
Rs 57.9 cr, Revenue at Rs. 562.4 cr vs Rs 604 cr (YoY) (Neutral)
*Dr. Agarwals:* Net profit at Rs. 10.4 crvs Rs 9.44 cr, Revenue at Rs. 95.11 cr vs Rs 75.97 cr (YoY) (Neutral)
*Vivimed:* Net loss at Rs. 5.9 cr vs Rs 16.0
cr, Revenue at Rs. 37 cr vs Rs 41 cr (YoY) (Neutral)
*ADF Foods:* Net profit at Rs. 18.8 cr vsRs 19.0 cr, Revenue at Rs. 147 cr vs Rs 129 cr (YoY) (Neutral)
*Uttam Sugar:* Net profit at Rs. 31.2 cr vs
Rs 43.5 cr, Revenue at Rs. 424 cr vs Rs 518 cr (YoY) (Neutral)
*Mukka:* Net profit at Rs. 26.8 cr vs Rs 12.0cr, Revenue at Rs. 296 cr vs Rs 501 cr (YoY) (Neutral)
*NH:* Net profit at Rs. 19.3 cr vs Rs 18.8
cr, Revenue at Rs. 137 cr vs Rs 120 cr (YoY) (Neutral)
*RVNL:* Net profit at Rs. 311.6 cr vs Rs 358.5cr, Revenue at Rs. 4567 cr vs Rs 4689 cr (YoY) (Neutral)
*Rajshree Sugar:* Net loss at Rs. 20.4 cr
vs Rs 27.8 cr, Revenue at Rs. 81 cr vs Rs 136 cr (YoY). (Neutral)
*MTNL:* Net loss at Rs. 836 cr vs Rs 839cr, Revenue at Rs. 170 cr vs Rs 192 cr (YoY). (Neutral)
*La opala:* Net Profit at Rs 23 Cr Vs Rs 44
Cr, Revenue at Rs 91 Cr Vs Rs 107 Cr (YoY) (Neutral)
*Jai Corp:* Net Profit at Rs 12.4 Cr Vs Rs 11.9Cr, Revenue at Rs 126 Cr Vs Rs 107 Cr (YoY) (Neutral)
*DBL:* Net Profit at Rs 115 Cr Vs Rs 107
Cr, Revenue at Rs 2590 Cr Vs Rs 2877 Cr (YoY) (Neutral)
*Reliance Infrastructure:* Net loss at Rs.3298.3 cr vs Rs. 421.1 cr, Revenue at Rs. 5032 cr vs Rs. 4637 cr (YoY) (Neutral)
*Rama Steel Tubes:* Net profit at Rs. 5.54
cr vs Rs 8.91 cr, Revenue at Rs. 275 cr vs Rs 262 cr (YoY) (Neutral)
*Blue Cloud:* Net profit at Rs. 9.4 cr vsRs 4.06 cr, Revenue at Rs. 146 cr vs Rs 167 cr (YoY) (Neutral)
*ANS Industries:* Company appointed Mr.
Sudhir Kumar Jha as Chief Financial Officer effective Feb 14, 2025. (Neutral)
*JSW Energy:* Company has Announced ThatThe Resolution Plan It Submitted For KSK Mahanadi Power Company Ltd Has Been
Approved By The National Company Law Tribunal (Neutral)
*Glenmark:* USFDA inspection at Indorefacility with five observations. (Neutral)
*Uno Minda:* Company Approved Acquisition
Of 49.90% Additional Stake of Unominda Ev Systems, Acquisition For Rs 1.41Billion. (Neutral)
*Punjab National Bank:* Issued Long Term
Infrastructure Bonds At Coupon Of 7.34% P.A. Bonds Worth 29.5b Rupees Issued OnPrivate Placement Basis. (Neutral)
*Wipro:* Appoints Amit Kumar as Managing
Partner and Global Head of Wipro Consulting (Neutral)
*Piramal Enterprises:* Company to raise Rs.450 crore via NCDs at 9.10% Coupon Rate (Neutral)
*Electronics Mart:* Company opened a new
Bajaj Electronics store on Feb 15, 2025, in Andhra Pradesh. (Neutral)
*Reliance Ind:* Court reverses judgment onarbitral award against GOI. (Neutral)
*Syngene:* Company received an order from
the National Faceless Appeal Centre regarding an appeal for Assessment Year2018-19. (Neutral)
*Bajaj Consumers:* Net profit at Rs. 25.3
cr vs Rs 36.3 cr, Revenue at Rs. 234.4 cr vs Rs 250.2 cr (YoY)
*Hinduja Global:* Net Loss at Rs. 8.6 cr vsProfit Rs 8.2 cr, Revenue at Rs. 1064 cr vs Rs 1203 cr (YoY)
*Kohinoor:* Net Loss at Rs. 8.3 cr vs Rs 0.5
cr, Revenue at Rs. 19.5 cr vs Rs 23.3 cr (YoY)
*Camlin Fine:* Net Loss at Rs. 7.47 cr vsRs 14.27 cr, Revenue at Rs. 433 cr vs Rs 385 cr (YoY) (Neutral)
*Saraswati Saree:* Net profit at Rs. 7.8 cr
vs Rs 13.2 cr, Revenue at Rs. 182.1 cr vs Rs 228.47 cr (YoY) (Neutral)
*Gufic:* Net profit at Rs. 19.3 cr vs Rs 22.2cr, Revenue at Rs. 208 cr vs Rs 202 cr (YoY) (Neutral)
*Puravankara:* Net Loss at Rs. 92.6 cr vs
Profit Rs 77.79 cr, Revenue at Rs. 318.17 cr vs Rs 573.7 cr (YoY) (Neutral)
*Easy Trip Planners:* Net profit at Rs.34.02 cr vs Rs 45.68. Cr, Revenue at Rs. 150 cr vs Rs 160 cr (YoY) (Neutral)
*Jamna Auto:* Net profit at Rs. 43.8 cr vs
Rs 57.9 cr, Revenue at Rs. 562.4 cr vs Rs 604 cr (YoY) (Neutral)
*Dr. Agarwals:* Net profit at Rs. 10.4 crvs Rs 9.44 cr, Revenue at Rs. 95.11 cr vs Rs 75.97 cr (YoY) (Neutral)
*Vivimed:* Net loss at Rs. 5.9 cr vs Rs 16.0
cr, Revenue at Rs. 37 cr vs Rs 41 cr (YoY) (Neutral)
*ADF Foods:* Net profit at Rs. 18.8 cr vsRs 19.0 cr, Revenue at Rs. 147 cr vs Rs 129 cr (YoY) (Neutral)
*Uttam Sugar:* Net profit at Rs. 31.2 cr vs
Rs 43.5 cr, Revenue at Rs. 424 cr vs Rs 518 cr (YoY) (Neutral)
*Mukka:* Net profit at Rs. 26.8 cr vs Rs 12.0cr, Revenue at Rs. 296 cr vs Rs 501 cr (YoY) (Neutral)
*NH:* Net profit at Rs. 19.3 cr vs Rs 18.8
cr, Revenue at Rs. 137 cr vs Rs 120 cr (YoY) (Neutral)
*RVNL:* Net profit at Rs. 311.6 cr vs Rs 358.5cr, Revenue at Rs. 4567 cr vs Rs 4689 cr (YoY) (Neutral)
*Rajshree Sugar:* Net loss at Rs. 20.4 cr
vs Rs 27.8 cr, Revenue at Rs. 81 cr vs Rs 136 cr (YoY). (Neutral)
*MTNL:* Net loss at Rs. 836 cr vs Rs 839cr, Revenue at Rs. 170 cr vs Rs 192 cr (YoY). (Neutral)
*La opala:* Net Profit at Rs 23 Cr Vs Rs 44
Cr, Revenue at Rs 91 Cr Vs Rs 107 Cr (YoY) (Neutral)
*Jai Corp:* Net Profit at Rs 12.4 Cr Vs Rs 11.9Cr, Revenue at Rs 126 Cr Vs Rs 107 Cr (YoY) (Neutral)
*DBL:* Net Profit at Rs 115 Cr Vs Rs 107
Cr, Revenue at Rs 2590 Cr Vs Rs 2877 Cr (YoY) (Neutral)
*Reliance Infrastructure:* Net loss at Rs.3298.3 cr vs Rs. 421.1 cr, Revenue at Rs. 5032 cr vs Rs. 4637 cr (YoY) (Neutral)
*Rama Steel Tubes:* Net profit at Rs. 5.54
cr vs Rs 8.91 cr, Revenue at Rs. 275 cr vs Rs 262 cr (YoY) (Neutral)
*Blue Cloud:* Net profit at Rs. 9.4 cr vsRs 4.06 cr, Revenue at Rs. 146 cr vs Rs 167 cr (YoY) (Neutral)
*ANS Industries:* Company appointed Mr.
Sudhir Kumar Jha as Chief Financial Officer effective Feb 14, 2025. (Neutral)
*JSW Energy:* Company has Announced ThatThe Resolution Plan It Submitted For KSK Mahanadi Power Company Ltd Has Been
Approved By The National Company Law Tribunal (Neutral)
*Glenmark:* USFDA inspection at Indorefacility with five observations. (Neutral)
*Uno Minda:* Company Approved Acquisition
Of 49.90% Additional Stake of Unominda Ev Systems, Acquisition For Rs 1.41Billion. (Neutral)
*Punjab National Bank:* Issued Long Term
Infrastructure Bonds At Coupon Of 7.34% P.A. Bonds Worth 29.5b Rupees Issued OnPrivate Placement Basis. (Neutral)
*Wipro:* Appoints Amit Kumar as Managing
Partner and Global Head of Wipro Consulting (Neutral)
*Piramal Enterprises:* Company to raise Rs.450 crore via NCDs at 9.10% Coupon Rate (Neutral)
*Electronics Mart:* Company opened a new
Bajaj Electronics store on Feb 15, 2025, in Andhra Pradesh. (Neutral)
*Reliance Ind:* Court reverses judgment onarbitral award against GOI. (Neutral)
*Syngene:* Company received an order from
the National Faceless Appeal Centre regarding an appeal for Assessment Year2018-19. (Neutral)
*Bajaj Consumers:* Net profit at Rs. 25.3
cr vs Rs 36.3 cr, Revenue at Rs. 234.4 cr vs Rs 250.2 cr (YoY)
*Hinduja Global:* Net Loss at Rs. 8.6 cr vsProfit Rs 8.2 cr, Revenue at Rs. 1064 cr vs Rs 1203 cr (YoY)
*Kohinoor:* Net Loss at Rs. 8.3 cr vs Rs 0.5
cr, Revenue at Rs. 19.5 cr vs Rs 23.3 cr (YoY)
*Sudarshan Chemical:* Net profit at Rs. 0.5cr vs Rs 14.59 cr, Revenue at Rs. 666.4 cr vs Rs 565.7 cr (YoY)
*Best Agrolife:* Net Loss at Rs. 24.16 cr
vs Rs 6.62 cr, Revenue at Rs. 274 cr vs Rs 314 cr (YoY)
*AGS:* Net Loss at Rs. 190 cr vs Rs 15.3cr, Revenue at Rs. 210 cr vs Rs 370 cr (YoY)
*JP Associates:* Net Loss at Rs. 768 cr vs
Rs 476 cr, Revenue at Rs. 1491 cr vs Rs 1655 cr (YoY)
*Elpro:* Net Loss at Rs. 21.0 cr vs profit Rs23.7 cr, Revenue at Rs. 16 cr vs Rs 58 cr (YoY)
*Mirc Elec:* Net Loss at Rs. 5.3 cr vs Rs 1.6
cr, Revenue at Rs. 167 cr vs Rs 295 cr (YoY)
*SBEC:* Net Loss at Rs. 21.4 cr vs Rs 1.8cr, Revenue at Rs. 140 cr vs Rs 140 cr (YoY)
*Borosil Renewables:* Net Loss at Rs. 30.1
cr vs Rs 15.9 cr, Revenue at Rs. 361 cr vs Rs 330 cr (YoY)
*Dish TV:* Net Loss at Rs. 46.5 cr vs Rs 3.2cr, Revenue at Rs. 373 cr vs Rs 470 cr (YoY)
*Unimech:* Net profit at Rs. 15.6 cr vs Rs 20.4
cr, Revenue at Rs. 53.9 cr vs Rs 64.7 cr (YoY)
*Par Drugs:* Net profit at Rs. 0.57 cr vsRs 3.42 cr, Revenue at Rs. 21.38 cr vs Rs 23.99 cr (YoY)
*Themis Medicare:* Net profit at Rs. 0.51
cr vs Rs 7.36 cr, Revenue at Rs. 93.80 cr vs Rs 82.51 cr (YoY)
*Permanent Magnets:* Net profit at Rs. 2.04cr vs Rs 7.10 cr, Revenue at Rs. 49.35 cr vs Rs 56.10 cr (YoY)
*Maiden Forgings:* Company received a show
cause notice from Commissioner (DGGI), Meerut regarding a GST demand of amountRs. 17.12 Cr
*Redington:* Company received a GST order
for FY2020-2021 with a demand of INR 91.74 Cr.
*AGS Transact:* Statutory auditors haveissued an adverse opinion in their ltd review reports. Company is seeking a
voluntary loan restructuring with lenders for itself and its subsidiary, SecureValue India Ltd. to manage repayments
*Exicom:* Credit rating downgraded by CARE
Ratings for Exicom.
*Best Agrolife:* Net Loss at Rs. 24.16 cr
vs Rs 6.62 cr, Revenue at Rs. 274 cr vs Rs 314 cr (YoY)
*AGS:* Net Loss at Rs. 190 cr vs Rs 15.3cr, Revenue at Rs. 210 cr vs Rs 370 cr (YoY)
*JP Associates:* Net Loss at Rs. 768 cr vs
Rs 476 cr, Revenue at Rs. 1491 cr vs Rs 1655 cr (YoY)
*Elpro:* Net Loss at Rs. 21.0 cr vs profit Rs23.7 cr, Revenue at Rs. 16 cr vs Rs 58 cr (YoY)
*Mirc Elec:* Net Loss at Rs. 5.3 cr vs Rs 1.6
cr, Revenue at Rs. 167 cr vs Rs 295 cr (YoY)
*SBEC:* Net Loss at Rs. 21.4 cr vs Rs 1.8cr, Revenue at Rs. 140 cr vs Rs 140 cr (YoY)
*Borosil Renewables:* Net Loss at Rs. 30.1
cr vs Rs 15.9 cr, Revenue at Rs. 361 cr vs Rs 330 cr (YoY)
*Dish TV:* Net Loss at Rs. 46.5 cr vs Rs 3.2cr, Revenue at Rs. 373 cr vs Rs 470 cr (YoY)
*Unimech:* Net profit at Rs. 15.6 cr vs Rs 20.4
cr, Revenue at Rs. 53.9 cr vs Rs 64.7 cr (YoY)
*Par Drugs:* Net profit at Rs. 0.57 cr vsRs 3.42 cr, Revenue at Rs. 21.38 cr vs Rs 23.99 cr (YoY)
*Themis Medicare:* Net profit at Rs. 0.51
cr vs Rs 7.36 cr, Revenue at Rs. 93.80 cr vs Rs 82.51 cr (YoY)
*Permanent Magnets:* Net profit at Rs. 2.04cr vs Rs 7.10 cr, Revenue at Rs. 49.35 cr vs Rs 56.10 cr (YoY)
*Maiden Forgings:* Company received a show
cause notice from Commissioner (DGGI), Meerut regarding a GST demand of amountRs. 17.12 Cr
*Redington:* Company received a GST order
for FY2020-2021 with a demand of INR 91.74 Cr.
*AGS Transact:* Statutory auditors haveissued an adverse opinion in their ltd review reports. Company is seeking a
voluntary loan restructuring with lenders for itself and its subsidiary, SecureValue India Ltd. to manage repayments
*Exicom:* Credit rating downgraded by CARE
Ratings for Exicom.
๐1
INDEX COMPARISIONS @ALLIESFIN
MARKETS AND ITS DATA @ALLIESFIN
1. Harshad Mehta Scam (1992)
๐ Market Crash: 54%
โณ Recovery Time: 2 Years, 4 Months
2. Dotcom Bubble Burst (2000)
๐ Market Crash: 56%
โณ Recovery Time: 2 Years, 3 Months
3. Global Financial Crisis (2008)
๐ Market Crash: 61%
โณ Recovery Time: 1 Year, 8 Months
4. COVID Crash (2020)
๐ Market Crash: 38%
โณ Recovery Time: 8 Months
A reminder that markets are resilient, and history shows they bounce back stronger!
1. Harshad Mehta Scam (1992)
๐ Market Crash: 54%
โณ Recovery Time: 2 Years, 4 Months
2. Dotcom Bubble Burst (2000)
๐ Market Crash: 56%
โณ Recovery Time: 2 Years, 3 Months
3. Global Financial Crisis (2008)
๐ Market Crash: 61%
โณ Recovery Time: 1 Year, 8 Months
4. COVID Crash (2020)
๐ Market Crash: 38%
โณ Recovery Time: 8 Months
A reminder that markets are resilient, and history shows they bounce back stronger!
*GIFT Nifty -28 pts (23015) from last trade 23043 ,*
Nikkei +180 pts ,
Hangseng +49 pts ,
US Mkt Clsd , Bovespa +333 pts , Ftse +35 pts , Dax +284 pts , Cac +10 pts , Crude @ $71.38 brl (+0.64), Brent @ $75.22 brl (-0.00) , Gold @ 2912.70 (+12.00), Silver $32.865 (+0.01), Euro @ $1.0475, JPY @ $151.65, INR @ 86.835
*Today's Corporate Action*
*18th Feb Ex Date*
7TEC
Interim Dividend - Rs. - 1.5000
AMRUTANJAN
Interim Dividend - Rs. - 1.0000
BHARATFORG
Interim Dividend - Rs. - 2.5000
CARBORUNIV
Interim Dividend - Rs. - 1.5000
CONART
Stock Split From Rs.10/- to Rs.5/-
EASTINDIA
Interim Dividend
FCL
Interim Dividend - Rs. - 0.4000
GILLETTE
Interim Dividend - Rs. - 65.0000
GREENPANEL
Interim Dividend - Rs. - 0.3000
GUJTLRM
Bonus issue 5:1
HAL
Interim Dividend - Rs. - 25.0000
HONDAPOWER
Special Dividend - Rs. - 10.0000
IOLCP
Interim Dividend - Rs. - 4.0000
KOTHARIPRO
Bonus issue 1:1
KPEL
Interim Dividend - Rs. - 0.2000
KPIGREEN
Interim Dividend - Rs. - 0.2000
KSE
Interim Dividend - Rs. - 30.0000
MAITHANALL
Interim Dividend - Rs. - 3.0000
NATCOPHARM
Interim Dividend - Rs. - 1.5000
NBCC
Interim Dividend - Rs. - 0.5300
NCLIND
Interim Dividend - Rs. - 1.0000
PRECWIRE
Interim Dividend - Rs. - 0.3000
SSDL
Interim Dividend - Rs. - 2.2700
SUPRAJIT
Interim Dividend - Rs. - 1.2500
UNIDT
Interim Dividend - Rs. - 0.6
*Today's Key Results/Board Meetings*
*18-Feb-25*
ELANTAS
Final Dividend;Audited Results
KMSL
Audited Results;A.G.M.
MANBA
General
MRP
Preferential Issue of shares
PUNJCOMMU
Quarterly Results
QGO
General
RANJEET
General;Right Issue of Equity Shares;Bonus issue;Stock Split
ROYALIND
General;Increase in Authorised Capital
*Stock under F&O ban on NSE*
*18-Feb-25*
1 DEEPAKNTR
2 MANAPPURAM
Nikkei +180 pts ,
Hangseng +49 pts ,
US Mkt Clsd , Bovespa +333 pts , Ftse +35 pts , Dax +284 pts , Cac +10 pts , Crude @ $71.38 brl (+0.64), Brent @ $75.22 brl (-0.00) , Gold @ 2912.70 (+12.00), Silver $32.865 (+0.01), Euro @ $1.0475, JPY @ $151.65, INR @ 86.835
*Today's Corporate Action*
*18th Feb Ex Date*
7TEC
Interim Dividend - Rs. - 1.5000
AMRUTANJAN
Interim Dividend - Rs. - 1.0000
BHARATFORG
Interim Dividend - Rs. - 2.5000
CARBORUNIV
Interim Dividend - Rs. - 1.5000
CONART
Stock Split From Rs.10/- to Rs.5/-
EASTINDIA
Interim Dividend
FCL
Interim Dividend - Rs. - 0.4000
GILLETTE
Interim Dividend - Rs. - 65.0000
GREENPANEL
Interim Dividend - Rs. - 0.3000
GUJTLRM
Bonus issue 5:1
HAL
Interim Dividend - Rs. - 25.0000
HONDAPOWER
Special Dividend - Rs. - 10.0000
IOLCP
Interim Dividend - Rs. - 4.0000
KOTHARIPRO
Bonus issue 1:1
KPEL
Interim Dividend - Rs. - 0.2000
KPIGREEN
Interim Dividend - Rs. - 0.2000
KSE
Interim Dividend - Rs. - 30.0000
MAITHANALL
Interim Dividend - Rs. - 3.0000
NATCOPHARM
Interim Dividend - Rs. - 1.5000
NBCC
Interim Dividend - Rs. - 0.5300
NCLIND
Interim Dividend - Rs. - 1.0000
PRECWIRE
Interim Dividend - Rs. - 0.3000
SSDL
Interim Dividend - Rs. - 2.2700
SUPRAJIT
Interim Dividend - Rs. - 1.2500
UNIDT
Interim Dividend - Rs. - 0.6
*Today's Key Results/Board Meetings*
*18-Feb-25*
ELANTAS
Final Dividend;Audited Results
KMSL
Audited Results;A.G.M.
MANBA
General
MRP
Preferential Issue of shares
PUNJCOMMU
Quarterly Results
QGO
General
RANJEET
General;Right Issue of Equity Shares;Bonus issue;Stock Split
ROYALIND
General;Increase in Authorised Capital
*Stock under F&O ban on NSE*
*18-Feb-25*
1 DEEPAKNTR
2 MANAPPURAM
*News Headlines from Business News Agencies:*
*Business Standard*
๐ Opec+ mulls delaying April oil supply restart amid market concerns
๐ Co-working operators rent out 224,000 seats to firms across 8 cities: C&W
๐ NSDL Q3 results: Net profit jumps 30% to Rs 86 cr, total income up 16%
๐ Rajasthan approves Rs 5,120 cr to improve drinking water supply in state
๐ IL&FS Group initiates Rs 5,000 crore interim payout to eligible creditors
๐ UFlex to invest over Rs 750 cr on new Mexico unit, recycling plant at Noida
๐ Footwear maker Khadim expects demerger to be completed by March: Official
๐ Ashwini Vaishnaw to launch IndiaAI portal, 10 firms to provide 14,000 GPUs
๐ Glenmark, FDC recall products from US market on manufacturing issues: USFDA
๐ Experts push to restore Syria's war-torn heritage sites, including Palmyra
๐ Sebi cracks down on REITs, InvITs with tougher financial disclosure rules
๐ Boosted by PLI scheme, India's smartphone exports hit record Rs 1.5 trn
*Economic Times*
๐ Airtel completes landing of SEA-ME-WE-6 submarine cable in Chennai
๐ Standard Chartered appoints P D Singh as CEO for India
๐ Air India enters into codeshare partnership with Virgin Australia
๐ Solitario Lab Grown Diamonds secures US $3.6 million in pre-IPO funding
๐ Global aerospace firms turn to India amid Western supply chain crisis
๐ Piyush Goyal discusses aircraft manufacturing in India with Lockheed Martin
๐ JSW MG India appoints Anurag Mehrotra as managing director
๐ Indian luxury car industry is like a startup which is growing slowly: Audi India head Balbir Dhillon
๐ SMT appoints Bhargav Kotadia as chief executive officer
๐ PhonePe introduces device tokenisation for debit, credit card payments
๐ India, US to finalise broad contours of proposed trade agreement
๐ Bajaj Consumer Care to acquire Vishal Personal Care at Rs 108 cr enterprise valuation
*Mint*
๐ Indiaโs goods trade deficit widens to $22.99 billion in January
๐ India's crude steel capacity needs 8 pc CAGR to meet Govts 300 mn MT target by 2030: Report
๐ Mutual fund industry unfazed as rattled investors rush to pause investments
๐ ICSI, ICMAI demand inclusion of co secretaries, cost accountants as 'accountant' in I-T Bill
๐ Govt considering raising deposit insurance limit above current โน5 lakh: Official
๐ Deepak Nitrite's weak chemical margin comes as a shock catalyst
๐ HSBC investors back CEO's investment banking retrenchment
๐ Kotak Mahindra Bank cuts interest rate on savings account by 50 bps
๐ India's exports surge to $74.97 bn in Jan 2025 from $68.33 bn, trade deficit rises to $2.67 bn
๐ SBI says impact of US tariff reciprocity on Indian exports likely to be minimal
๐ India's sugar production to drop below 27 MMT from 31.8 MMT in 2025 sugar season: Report
*Business Standard*
๐ Opec+ mulls delaying April oil supply restart amid market concerns
๐ Co-working operators rent out 224,000 seats to firms across 8 cities: C&W
๐ NSDL Q3 results: Net profit jumps 30% to Rs 86 cr, total income up 16%
๐ Rajasthan approves Rs 5,120 cr to improve drinking water supply in state
๐ IL&FS Group initiates Rs 5,000 crore interim payout to eligible creditors
๐ UFlex to invest over Rs 750 cr on new Mexico unit, recycling plant at Noida
๐ Footwear maker Khadim expects demerger to be completed by March: Official
๐ Ashwini Vaishnaw to launch IndiaAI portal, 10 firms to provide 14,000 GPUs
๐ Glenmark, FDC recall products from US market on manufacturing issues: USFDA
๐ Experts push to restore Syria's war-torn heritage sites, including Palmyra
๐ Sebi cracks down on REITs, InvITs with tougher financial disclosure rules
๐ Boosted by PLI scheme, India's smartphone exports hit record Rs 1.5 trn
*Economic Times*
๐ Airtel completes landing of SEA-ME-WE-6 submarine cable in Chennai
๐ Standard Chartered appoints P D Singh as CEO for India
๐ Air India enters into codeshare partnership with Virgin Australia
๐ Solitario Lab Grown Diamonds secures US $3.6 million in pre-IPO funding
๐ Global aerospace firms turn to India amid Western supply chain crisis
๐ Piyush Goyal discusses aircraft manufacturing in India with Lockheed Martin
๐ JSW MG India appoints Anurag Mehrotra as managing director
๐ Indian luxury car industry is like a startup which is growing slowly: Audi India head Balbir Dhillon
๐ SMT appoints Bhargav Kotadia as chief executive officer
๐ PhonePe introduces device tokenisation for debit, credit card payments
๐ India, US to finalise broad contours of proposed trade agreement
๐ Bajaj Consumer Care to acquire Vishal Personal Care at Rs 108 cr enterprise valuation
*Mint*
๐ Indiaโs goods trade deficit widens to $22.99 billion in January
๐ India's crude steel capacity needs 8 pc CAGR to meet Govts 300 mn MT target by 2030: Report
๐ Mutual fund industry unfazed as rattled investors rush to pause investments
๐ ICSI, ICMAI demand inclusion of co secretaries, cost accountants as 'accountant' in I-T Bill
๐ Govt considering raising deposit insurance limit above current โน5 lakh: Official
๐ Deepak Nitrite's weak chemical margin comes as a shock catalyst
๐ HSBC investors back CEO's investment banking retrenchment
๐ Kotak Mahindra Bank cuts interest rate on savings account by 50 bps
๐ India's exports surge to $74.97 bn in Jan 2025 from $68.33 bn, trade deficit rises to $2.67 bn
๐ SBI says impact of US tariff reciprocity on Indian exports likely to be minimal
๐ India's sugar production to drop below 27 MMT from 31.8 MMT in 2025 sugar season: Report
๐1
๐ฎ๐ณIndia Daybook Stocks in News
*ABB:* Net profit at Rs. 528.4 cr vs Rs 338.7 cr, Revenue at Rs. 3365.0 cr vs Rs 2758.0 cr (YoY) (Positive)
*Anant Raj:* Company partners with CSC Data Services for data centre and cloud solutions (Positive)
*Adarsh Mercantile:* Company is the target of an open offer. Six individuals (Acquirers) are seeking to acquire up to 26% of the companyโs emerging equity and voting share capital. (Positive)
*NTPC:* Company plans to spend $62 bn on 30 GW of nuclear power over 2 decades, 3 times more than expected. (Positive)
*Sterlite Power:* Company commissions Nangalbibra - Bongaigaon transmission line. (Positive)
*LTIMindtree:* Company partners with Greeceโs Eurobank for multi-year banking tech revamp. (Positive)
*Allcargo Terminals:* Companyโs January Business Update | CFS Volumes Up 11% YoY & Up 4% MoM at 53.8 TEUs. (Positive)
*Uflex:* Company is investing over Rs 750 crore to set up a woven polypropylene bags manufacturing plant in Mexico. (Positive)
*Uno Minda:* Company approved a joint venture with Suzhou lnovance Automotive Co. Ltd for powertrain projects. (Positive)
*Thomas Cook:* Company announced a partnership with Sabah Tourism Board to increase Sabah (Malaysia) tourism from India. (Positive)
*Biocon:* Company announced the record date for the maturity of its Rs. 570 Cr Commercial Paper. The maturity date is April 29, 2025. (Positive)
*DCX Systems:* Company is establishing new manufacturing units in Bengaluru for Cable & Wire Harness Assemblies, Printed Circuit Board Assemblies, and Electronic Sub-Assemblies. (Positive)
*Bharat Forge:* Company unveils Marg 45 Cal Mounted Gun System (Positive)
*G R Infraprojects:* Company has completed the 4-laning project of the Ujjain-Badnawar section of NH-752D. (Positive)
*CLN Energy:* Company has received a Purchase order for supply of Lithium Ion Batteries totaling to Rs 77 Crores approx. (Positive)
*KIMS:* Company has acquired and will manage UAIMS Hospital in Sangli, Maharashtra. (Positive)
*Advanced Enzymes:* CRISIL has upgraded ratings for Short-Term debt instruments/facilities (Positive)
*Sharika Enterprises:* Company has signed Joint Venture agreement with SPIN Engenharia and Nayon Kontrol System specializing in advanced automation and control systems for the energy sector. (Positive)
*Deepak Fertilizer:* Deepak Mining Solutions increases stake in Platinum Blasting Services to 85%. (Positive)
*City Union Bank:* Bank opened 4 new branches on February 17, 2025. The bank now has a total of 839 branches. (Neutral)
*Emami Ltd:* Company announced the resignation of Sandeep Kr. Sultania, Company Secretary &Compliance Officer, and VP โ Sales Commercial, effective February 28, 2025. (Neutral)
*Bharti Airtel:* Company redeemed USD 1,000 million 1.50% Foreign Currency Convertible Bonds (FCCBs) due 2025. (Neutral)
*Zomato:* Company unveils AI customer support platform โNuggetโ, an AI-Native, no-code customer support platform. (Neutral)
*Paytm:* Company partners with SBI Mutual Fund to launch Jan Nivesh Rs 250 SIP. (Neutral)
*LIC India:* Company launches new product 'LIC's Smart Pension', available for sale effective February 18. (Neutral)
*SBI Cards:* Company declares โน2.50 interim dividend, appoints Salila Pande as MD and CEO. (Neutral)
*GMR Airports:* Companyโs January passenger traffic rises 11% on-year, down 2% MoM at 1.06 crore. (Neutral)
*Bajaj Consumer:* Company will acquire rival Vishal Personal Care at an enterprise value of Rs 108.3 crore. (Neutral)
*Dr Agrawalโs:* Crisil Ratings Limited reaffirmed the credit rating of Dr. Agarwal's Health Care Ltd. at Crisil A+ Stable. (Neutral)
*ICICI Pru:* Company has received an demand order with Rs 190 crore GST from Deputy Commissioner of State Tax, Maharashtra State (Neutral)
*Route Mobile:* Company received orders from the CGST authority with demand amounts to Rs.54.12 Crores (Neutral)
*Kirloskar Brothers:* Company has received an demand order with Rs 15 crore GST from Assistant Commissioner, Dwarakanagar Circle, Vishakhapatnam (Neutral)๐1
*Great Eastern Shipping:* Company has cancelled the proposal for early redemption of Rs. 150 crore debentures. (Neutral)
*Electronics Mart:* Company has opened a new Bajaj Electronics multi-brand store on Feb 17, 2025, in Khammam, Telangana. (Neutral)
*Vedanta:* Creditors meet today to vote on India demerger plan (Neutral)
*Bharti Airtel:* Set for block deal today; Promoter to sell 0.8% stake for Rs 8,000 crore (Neutral)
*Astron Paper:* Net Loss at Rs 26.2 cr vs Rs 1.0 cr, Revenue at Rs. 1.3 cr vs Rs 73.6 cr (YoY)
*AGS Transact:* Company reports Rs 1,652 Mn loss for 9MFY25.
*Karnataka Bank:* Identifies certain deficiencies in reconciliation process during review of suspicious UPI Global Transactionsโ
The Psychology of Stock Market Amidst the Carnage ๐ง ๐ก
T.me/AlliesFin
Markets are ruthless, and the ongoing bloodbath in midcaps & smallcaps is testing every investorโs patience. But remember, market cycles are driven more by psychology than just fundamentals.
๐ป Fear & Panic Selling: When markets fall sharply, our brain triggers a fight-or-flight response. Many sell out of fear, locking in losses instead of riding through volatility.
๐ Opportunity in Chaos: Every correction creates new opportunities. The best returns are made when you buy quality stocks at distressed prices, not when everything looks rosy.
โณ Patience Wins: The best investors donโt react emotionally. They analyze, adapt, and accumulate strategically during corrections.
๐ Avoid the Herd Mentality: If everyone is panicking, step back and think. Is the business fundamentally strong? If yes, the market noise is temporary.
๐ฐ Smart Money vs. Weak Hands: Market corrections shake out weak hands. Smart money accumulates when others sell in fear. Which side do you want to be on?
๐ฏ Stay focused. Stay rational. This phase will pass, and those who navigate it with discipline will emerge stronger.
T.me/AlliesFin
Markets are ruthless, and the ongoing bloodbath in midcaps & smallcaps is testing every investorโs patience. But remember, market cycles are driven more by psychology than just fundamentals.
๐ป Fear & Panic Selling: When markets fall sharply, our brain triggers a fight-or-flight response. Many sell out of fear, locking in losses instead of riding through volatility.
๐ Opportunity in Chaos: Every correction creates new opportunities. The best returns are made when you buy quality stocks at distressed prices, not when everything looks rosy.
โณ Patience Wins: The best investors donโt react emotionally. They analyze, adapt, and accumulate strategically during corrections.
๐ Avoid the Herd Mentality: If everyone is panicking, step back and think. Is the business fundamentally strong? If yes, the market noise is temporary.
๐ฐ Smart Money vs. Weak Hands: Market corrections shake out weak hands. Smart money accumulates when others sell in fear. Which side do you want to be on?
๐ฏ Stay focused. Stay rational. This phase will pass, and those who navigate it with discipline will emerge stronger.
NSE500 weekly counts of Strong vs Weak.
Current weakness count 440
Historically reversal starts when weakness is above 432-444. Good return seen in past in (NSE500) quality stocks after 3-6 months post this weakness.
please verify with your data.
Data may vary from vendor to vendor and person to person.
T.me/AlliesFin
Current weakness count 440
Historically reversal starts when weakness is above 432-444. Good return seen in past in (NSE500) quality stocks after 3-6 months post this weakness.
please verify with your data.
Data may vary from vendor to vendor and person to person.
T.me/AlliesFin
Market Update
Gift Nifty +17 pts Gift Nifty 22965 ( 22948)
Nifty Fut Clsd)
Dow +10.26 pts ,Nsdq +14.49 pts, S&P
+14.95 pts , Bovespa -932 pts , Ftse -1 pts , Dax +46 pts , Cac +17 pts ,Nikkei -22 pts now ,Crude @ $71.94 brl (+0.09), Brent @ $75.91 brl (+0.07) , Gold @ 2950.20 (+1.20), Silver $33.37 (+0.00), Euro @ $1.0447, JPY @ $151.89, INR @ 86.907
Today's Corporate Action
19th Feb Ex Date
None
Today's Key Results/Board Meetings
19-Feb-25
CSL
General
Stock under F&O ban on NSE
19-Feb-25
1 MANAPPURAM
Gift Nifty +17 pts Gift Nifty 22965 ( 22948)
Nifty Fut Clsd)
Dow +10.26 pts ,Nsdq +14.49 pts, S&P
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Today's Corporate Action
19th Feb Ex Date
None
Today's Key Results/Board Meetings
19-Feb-25
CSL
General
Stock under F&O ban on NSE
19-Feb-25
1 MANAPPURAM
News Headlines from Business News Agencies:
Business Standard
๐ Defence budget will go up by 9.5% to Rs 6.81 trn in 2025-26: Secretary
๐ India's fiscal trajectory in line with our expectations: S&P Global Ratings
๐ Over 2.8 million companies registered in India, 65% active: Govt data
๐ Ficci, Assocham demand input tax credit for real estate under CGST
๐ J&J begins critical court hearing over $10 billion baby powder settlement
๐ TVS Motor launches 2025 edition TVS Ronin at Rs 1.35 lakh ex-showroom
๐ Industry body calls for broken rice exports as stocks hit nine times target
๐ NTPC pays additional Rs 2,424 cr interim dividend to shareholders for FY25
๐ Export sector face uncertainty as Trump threatens reciprocal tariffs
๐ At $3.8 trillion, India's top 500 pvt cos value more than the country's GDP
๐ Check Point Software to set up first APAC R&D centre in Bengaluru
๐ Titan targets stake in Damas Jewellery for Rs 4,500 cr; eyes GCC growth
๐ LG Electronics kicks off roadshows to launch $1.5 bn India IPO this year
Economic Times
๐ US emerges as 5th top oil seller to India in January, Russia at No.1
๐ India, Qatar exchange agreement on establishment of strategic partnership
๐ Zen Technologies announces investment in Vector Technics, Bhairav Robotics
๐ Realty developer Nimbus group reports Rs 278 crore sale in Q3FY25
๐ Indiaโs pension AUM to grow to Rs 118 trillion by 2030: DSP Pension Fund Managers
๐ India aims to double trade with Qatar to $28 bn in 5 years; exploring signing FTA
๐ Reliance Group to enter RE manufacturing space with solar, battery plants
๐ Xoriant appoints Rohit Kedia as Chief Executive Officer
๐ Ambani's Reliance Consumer Products debuts in UAE with Campa
๐ IREDA arm gets provisional registration as finance company at GIFT City
๐ Indian Overseas Bank launches Aadhaar-based account opening, API banking services
๐ RInfra to enter RE equipment manufacturing space; makes key appointments to lead business
Mint
๐ India's insurance market poised to reach $222 bn by 2026, growing at 17% CAGR: Report
๐ India's economic growth pegged at 6.3% in December quarter of FY25: ICRA
๐ Unemployment rate dips to 6.4 pc in December quarter: Survey
๐ OPEC+ to not consider delay of April oil supply hike to global markets
๐ Man Infraconstruction promoters raise stake in the realty company
๐ India Incโs dull earnings outlook signals tougher times ahead for markets
๐ Singapore Flags Investment Plans From Chips to Energy in Budget
๐ Singapore Buys Only Small Amount of Nvidia Chips, Official Says
๐ Auto Sector Q3 Results: Growth slows, profits hit; Maruti, M&M top picks
๐ UK Pay Growth and Employment Rise in Defiance of Labour Tax Hike
๐ Centre tightens certification criteria for public health facilities in states
Business Standard
๐ Defence budget will go up by 9.5% to Rs 6.81 trn in 2025-26: Secretary
๐ India's fiscal trajectory in line with our expectations: S&P Global Ratings
๐ Over 2.8 million companies registered in India, 65% active: Govt data
๐ Ficci, Assocham demand input tax credit for real estate under CGST
๐ J&J begins critical court hearing over $10 billion baby powder settlement
๐ TVS Motor launches 2025 edition TVS Ronin at Rs 1.35 lakh ex-showroom
๐ Industry body calls for broken rice exports as stocks hit nine times target
๐ NTPC pays additional Rs 2,424 cr interim dividend to shareholders for FY25
๐ Export sector face uncertainty as Trump threatens reciprocal tariffs
๐ At $3.8 trillion, India's top 500 pvt cos value more than the country's GDP
๐ Check Point Software to set up first APAC R&D centre in Bengaluru
๐ Titan targets stake in Damas Jewellery for Rs 4,500 cr; eyes GCC growth
๐ LG Electronics kicks off roadshows to launch $1.5 bn India IPO this year
Economic Times
๐ US emerges as 5th top oil seller to India in January, Russia at No.1
๐ India, Qatar exchange agreement on establishment of strategic partnership
๐ Zen Technologies announces investment in Vector Technics, Bhairav Robotics
๐ Realty developer Nimbus group reports Rs 278 crore sale in Q3FY25
๐ Indiaโs pension AUM to grow to Rs 118 trillion by 2030: DSP Pension Fund Managers
๐ India aims to double trade with Qatar to $28 bn in 5 years; exploring signing FTA
๐ Reliance Group to enter RE manufacturing space with solar, battery plants
๐ Xoriant appoints Rohit Kedia as Chief Executive Officer
๐ Ambani's Reliance Consumer Products debuts in UAE with Campa
๐ IREDA arm gets provisional registration as finance company at GIFT City
๐ Indian Overseas Bank launches Aadhaar-based account opening, API banking services
๐ RInfra to enter RE equipment manufacturing space; makes key appointments to lead business
Mint
๐ India's insurance market poised to reach $222 bn by 2026, growing at 17% CAGR: Report
๐ India's economic growth pegged at 6.3% in December quarter of FY25: ICRA
๐ Unemployment rate dips to 6.4 pc in December quarter: Survey
๐ OPEC+ to not consider delay of April oil supply hike to global markets
๐ Man Infraconstruction promoters raise stake in the realty company
๐ India Incโs dull earnings outlook signals tougher times ahead for markets
๐ Singapore Flags Investment Plans From Chips to Energy in Budget
๐ Singapore Buys Only Small Amount of Nvidia Chips, Official Says
๐ Auto Sector Q3 Results: Growth slows, profits hit; Maruti, M&M top picks
๐ UK Pay Growth and Employment Rise in Defiance of Labour Tax Hike
๐ Centre tightens certification criteria for public health facilities in states
๐ฎ๐ณIndia Daybook Stocks in News
RVNL: Company gets LoA worth โน554 cr from Rail Infrastructure Development Company, Karnataka (Positive)
Transformers & Rectifiers: Company bags order worth โน166.5 cr from Hyosung T&D India (Positive)
Concor: Company awards โน689.76 crore order to Braithwaite & Co for 30 BLSS Rakes. (Positive)
Triveni Engineering: Company Bags International Accolades for its Premium and Super Premium Whisky Brands. (Positive)
Infosys: Lufthansa Group, and Lufthansa Systems Collaborate to Accelerate Digital Innovation in the Aviation Industry. (Positive)
Ami Organics: Board of Company will meet on February 21, 2025, to consider a stock split. . (Positive)
Unichem Laboratories: ICRA upgraded the credit rating of Unichem Laboratories Ltd.'s Rs. 180 crore bank facilities to ICRA A+ from ICRA A. (Positive)
Shashijit Infraprojects: Company has received a Letter of Intent for a civil construction project. Project Value Rs 23.59 Cr (Positive)
RPP Infra Projects: Company has been awarded a new project with value of Rs 62.8 crore. (Positive)
Power Grid: Company acquires Bidar Transco Limited and Khavda V-B1B2 Power Transmission Limited. (Positive)
Mahindra Life: Company has partnered with Livingstone Infra Private Limited for a cluster redevelopment project in Mahalaxmi, with a Gross Development Value (GDV) of Rs.1,650 Crore. (Positive)
Tiger Logistics: Launches LCL Consolidation Brand โCUBOXโ for Smaller Shipment and B2B Business. (Positive)
Vedanta: Company has received 83% creditor approval for its proposed demerger, clearing a crucial hurdle for its restructuring plan. (Positive)
Anant Raj: Company has received RERA registration for Birla Navya, Phase-IV, Avik Phase-2 at Anant Raj Estate, Sector 63-A, Gurugram, Haryana. (Positive)
Tata Steel: Neath Port Talbot Council approves plans for electric arc furnace in Port Talbot. (Positive)
Indian Overseas Bank: Appoints Madhaw Chandra Jha as CFO of the bank w.e.f. March 1, 2025. (Positive)
Bharti Airtel: Block deal buyers- GQG Partners and Fidelity Investments were among the several big name investors (Positive)
L&T: Company acquires remaining 26% stake in L&T Special Steels & Heavy Forgings, becomes wholly owned subsidiary. (Neutral)
IREDA: Subsidiary received Certificate of Registration for commencing business as a Finance Company at Gift City, Gujarat. (Neutral)
Crayons Advertising: Company announced the resignation of Mr. Gagan Mahajan, Company Secretary & Compliance Officer. (Neutral)
Samhi Hotels: Company received credit ratings from ICRA, Long Term - Fund Based - Term Loan: INR 276.32 Cr, ICRA A- (Stable). (Neutral)
Puravankara: Company has acquired in first phase 37,80,000 Equity Shares of Rs. 10 each (39.54%) of Sobha Puravankara Aviation Private Limited. (Neutral)
Aurobindo Pharma: US FDA completes inspection with 5 observations for Eugia Steriles facility (Neutral)
Bank of India: Bank has issued and allotted Long Term Bonds (Infrastructure) amounting to Rs.
2,690 Crore on a Private Placement Basis. (Neutral)
Bank India: India Rating has assigned a new Long-Term Issuer Rating AA/Stable to the Bank. (Neutral)
PNB: Borrowal Fraud of Rs. 270.57 crore has been reported to RBI in NPA account of Gupta Power Infrastructure Limited, Bank made provisions against account. (Neutral)
Cello: Fire broke out at Cello Industries Private Ltd's (CIPL) Opal division in Daman facility. (Neutral)
Akzo Nobel: Company may sell India Paints Business for up to $1.7b: Mint (Neutral)
TTK Prestige: The management have decided to commit `500 cr over the next three FY commencing from Q4 of FY25. (Neutral)
Piramal Pharma: US FDA issues form 483 with 6 observations for coโs Turbhe Facility
Kothari Ind: Mr. Pradip Dayanand Kothari has stepped down from the position of Chairman and Director of the Company.
RVNL: Company gets LoA worth โน554 cr from Rail Infrastructure Development Company, Karnataka (Positive)
Transformers & Rectifiers: Company bags order worth โน166.5 cr from Hyosung T&D India (Positive)
Concor: Company awards โน689.76 crore order to Braithwaite & Co for 30 BLSS Rakes. (Positive)
Triveni Engineering: Company Bags International Accolades for its Premium and Super Premium Whisky Brands. (Positive)
Infosys: Lufthansa Group, and Lufthansa Systems Collaborate to Accelerate Digital Innovation in the Aviation Industry. (Positive)
Ami Organics: Board of Company will meet on February 21, 2025, to consider a stock split. . (Positive)
Unichem Laboratories: ICRA upgraded the credit rating of Unichem Laboratories Ltd.'s Rs. 180 crore bank facilities to ICRA A+ from ICRA A. (Positive)
Shashijit Infraprojects: Company has received a Letter of Intent for a civil construction project. Project Value Rs 23.59 Cr (Positive)
RPP Infra Projects: Company has been awarded a new project with value of Rs 62.8 crore. (Positive)
Power Grid: Company acquires Bidar Transco Limited and Khavda V-B1B2 Power Transmission Limited. (Positive)
Mahindra Life: Company has partnered with Livingstone Infra Private Limited for a cluster redevelopment project in Mahalaxmi, with a Gross Development Value (GDV) of Rs.1,650 Crore. (Positive)
Tiger Logistics: Launches LCL Consolidation Brand โCUBOXโ for Smaller Shipment and B2B Business. (Positive)
Vedanta: Company has received 83% creditor approval for its proposed demerger, clearing a crucial hurdle for its restructuring plan. (Positive)
Anant Raj: Company has received RERA registration for Birla Navya, Phase-IV, Avik Phase-2 at Anant Raj Estate, Sector 63-A, Gurugram, Haryana. (Positive)
Tata Steel: Neath Port Talbot Council approves plans for electric arc furnace in Port Talbot. (Positive)
Indian Overseas Bank: Appoints Madhaw Chandra Jha as CFO of the bank w.e.f. March 1, 2025. (Positive)
Bharti Airtel: Block deal buyers- GQG Partners and Fidelity Investments were among the several big name investors (Positive)
L&T: Company acquires remaining 26% stake in L&T Special Steels & Heavy Forgings, becomes wholly owned subsidiary. (Neutral)
IREDA: Subsidiary received Certificate of Registration for commencing business as a Finance Company at Gift City, Gujarat. (Neutral)
Crayons Advertising: Company announced the resignation of Mr. Gagan Mahajan, Company Secretary & Compliance Officer. (Neutral)
Samhi Hotels: Company received credit ratings from ICRA, Long Term - Fund Based - Term Loan: INR 276.32 Cr, ICRA A- (Stable). (Neutral)
Puravankara: Company has acquired in first phase 37,80,000 Equity Shares of Rs. 10 each (39.54%) of Sobha Puravankara Aviation Private Limited. (Neutral)
Aurobindo Pharma: US FDA completes inspection with 5 observations for Eugia Steriles facility (Neutral)
Bank of India: Bank has issued and allotted Long Term Bonds (Infrastructure) amounting to Rs.
2,690 Crore on a Private Placement Basis. (Neutral)
Bank India: India Rating has assigned a new Long-Term Issuer Rating AA/Stable to the Bank. (Neutral)
PNB: Borrowal Fraud of Rs. 270.57 crore has been reported to RBI in NPA account of Gupta Power Infrastructure Limited, Bank made provisions against account. (Neutral)
Cello: Fire broke out at Cello Industries Private Ltd's (CIPL) Opal division in Daman facility. (Neutral)
Akzo Nobel: Company may sell India Paints Business for up to $1.7b: Mint (Neutral)
TTK Prestige: The management have decided to commit `500 cr over the next three FY commencing from Q4 of FY25. (Neutral)
Piramal Pharma: US FDA issues form 483 with 6 observations for coโs Turbhe Facility
Kothari Ind: Mr. Pradip Dayanand Kothari has stepped down from the position of Chairman and Director of the Company.
๐ฎ๐ณAlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
NSE500 weekly counts of Strong vs Weak. Current weakness count 440 Historically reversal starts when weakness is above 432-444. Good return seen in past in (NSE500) quality stocks after 3-6 months post this weakness. please verify with your data. Dataโฆ
https://t.me/AlliesFin/15727
STRONG EARNINGS COS COULD BOUNCE UP FASTER THEN ESTIMATED.
PEOPLE TEND TO REACT SLOWLY TO GOOD NEWS DURING SUCH TIMES... @ALLIESFIN
STRONG EARNINGS COS COULD BOUNCE UP FASTER THEN ESTIMATED.
PEOPLE TEND TO REACT SLOWLY TO GOOD NEWS DURING SUCH TIMES... @ALLIESFIN
Telegram
๐ฎ๐ณAlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
NSE500 weekly counts of Strong vs Weak.
Current weakness count 440
Historically reversal starts when weakness is above 432-444. Good return seen in past in (NSE500) quality stocks after 3-6 months post this weakness.
please verify with your data.
Dataโฆ
Current weakness count 440
Historically reversal starts when weakness is above 432-444. Good return seen in past in (NSE500) quality stocks after 3-6 months post this weakness.
please verify with your data.
Dataโฆ