Israel will start offering a fourth dose of the coronavirus vaccine to people older than 60
FINO PAYMENTS BANK: BANK RECEIPT OF RBI APPROVAL FOR CROSS BORDER REMITTANCE THROUGH MONEY TRANSFER SERVICE SCHEME (MTSS)
Karur Vysya Bank Q3 Biz Update
▶️ Total deposits up 7.7% (YoY); loan growth at 7.1% (YoY)
Karur Vysya Bank – QOQ, healthy biz momentum
Deposits at +7.7%YOY & +2.23%QOQ
CASA at +12.2%YOY & +4.2%QOQ
CASA ratio at 36.08% vs 34.63%YOY & vs 35.41%QOQ
Advances at +7.06%YOY (3qtr low YOY growth) & 3.61%QOQ
Calculated credit-deposit ratio at 83.43% vs 83.93%YOY & vs 82.33%QOQ
Karur Vysya Bank Q3 Biz Update
▶️ Total deposits up 7.7% (YoY); loan growth at 7.1% (YoY)
Karur Vysya Bank – QOQ, healthy biz momentum
Deposits at +7.7%YOY & +2.23%QOQ
CASA at +12.2%YOY & +4.2%QOQ
CASA ratio at 36.08% vs 34.63%YOY & vs 35.41%QOQ
Advances at +7.06%YOY (3qtr low YOY growth) & 3.61%QOQ
Calculated credit-deposit ratio at 83.43% vs 83.93%YOY & vs 82.33%QOQ
https://youtu.be/vmusj5zLcrU - Checkout One of my latest video, where I cover about Identifying Big Money Orders and Swing Analysis
YouTube
Price Action Trading with Swing Analysis to Find Big Money Orders !!
Swing Analysis is one of the best ways to track the Market Sentiment, Direction and Footprints of Big Money Orders. Traders should keep in mind this important technique when using Price Action Trading Strategies in Different Market segments including #Forex…
Stocks To Watch
Marico: The company's consolidated revenue growth in Q3 was in low teens. High inflation slowed consumption. India business saw double-digit revenue growth, while volumes were flat. Parachute Coconut Oil had a muted quarter on a high base. Saffola Edible Oils volumes dropped owing to weak trade because of fluctuating input prices. Company expects gross margin to improve sequentially but remain lower on a year-on-year basis. International business delivered high teen constant currency growth led by Bangladesh and Vietnam.
Maruti Suzuki: Total production in December declined 1.99% to 1,52,029 units Vs 1,55,127 units last year. The company exported 2,05,450 vehicles in 2021--the highest ever export figure in any calendar year by Maruti Suzuki India.
HDFC: Assigned loans of Rs 7,468 crore in Q3 to HDFC Bank. Loans sold in the preceding 12 months amounted to Rs 27,591 crore. Gross income from dividend for the quarter was Rs 195 crore. The profit on sale of investments was nil. The company has liquidity buffers of approximately Rs 55,000 crore.
Hindustan Zinc: The company’s integrated zinc and lead output rose 11% to 261,000 tonnes in Q3, compared with 235,000 tonnes a year earlier. Integrated silver production dropped 5% YoY to 173 tonnes. Mined metal production was up 3% at 252,000 tonnes.
Vedanta: The cast metal aluminium production rose 16% to 579,000 tonnes in Q3, compared with 497,000 tonnes a year earlier. The Lanjigarh refinery produced 472,000 tonnes of alumina in Q3, 16% higher than last year. Total power sales were 3,450 million units, higher by 68% as compared to Q3 FY21.
Bajaj Electricals: Approved closure of manufacturing unit in Shikohabad, Uttar Pradesh due to its unsatisfactory performance.
Karnataka Bank: The core deposits grew by 1.96% in Q3 to Rs 78,424.66 crore over the preceding quarter. The gross advances grew by 1.90% quarter-on-quarter to Rs 56,655.16 crore.
Wockhardt: Board of Directors to consider and approve fund raising options on January 6.
Tata Power: Appointed Sanjeev Churiwala as the new CFO with effect from January 1. Ramesh Subramanyam, the erstwhile CFO to move into a new role within the Tata Group.
GAIL: To pay Rs 913.84 crore to the government and Rs 862.31 crore to other shareholders as first interim dividend for the FY21-22.
Dilip Buildcon: Received letter of acceptance for over burden removal contract mining work in Madhya Pradesh. The contract is of Rs 2,683.02 crore for a period of 1,795 days.
Granules India: Appointed KVS Ram Rao as an additional director, categorised as executive, on the board of the company with effect from January 5. The board also designated Rao as Joint Managing Director and CEO of the company.
Future Supply Chain Solutions: Samir Kedia resigned as CFO with effect from the closure of working hours of January 3.
Marico: The company's consolidated revenue growth in Q3 was in low teens. High inflation slowed consumption. India business saw double-digit revenue growth, while volumes were flat. Parachute Coconut Oil had a muted quarter on a high base. Saffola Edible Oils volumes dropped owing to weak trade because of fluctuating input prices. Company expects gross margin to improve sequentially but remain lower on a year-on-year basis. International business delivered high teen constant currency growth led by Bangladesh and Vietnam.
Maruti Suzuki: Total production in December declined 1.99% to 1,52,029 units Vs 1,55,127 units last year. The company exported 2,05,450 vehicles in 2021--the highest ever export figure in any calendar year by Maruti Suzuki India.
HDFC: Assigned loans of Rs 7,468 crore in Q3 to HDFC Bank. Loans sold in the preceding 12 months amounted to Rs 27,591 crore. Gross income from dividend for the quarter was Rs 195 crore. The profit on sale of investments was nil. The company has liquidity buffers of approximately Rs 55,000 crore.
Hindustan Zinc: The company’s integrated zinc and lead output rose 11% to 261,000 tonnes in Q3, compared with 235,000 tonnes a year earlier. Integrated silver production dropped 5% YoY to 173 tonnes. Mined metal production was up 3% at 252,000 tonnes.
Vedanta: The cast metal aluminium production rose 16% to 579,000 tonnes in Q3, compared with 497,000 tonnes a year earlier. The Lanjigarh refinery produced 472,000 tonnes of alumina in Q3, 16% higher than last year. Total power sales were 3,450 million units, higher by 68% as compared to Q3 FY21.
Bajaj Electricals: Approved closure of manufacturing unit in Shikohabad, Uttar Pradesh due to its unsatisfactory performance.
Karnataka Bank: The core deposits grew by 1.96% in Q3 to Rs 78,424.66 crore over the preceding quarter. The gross advances grew by 1.90% quarter-on-quarter to Rs 56,655.16 crore.
Wockhardt: Board of Directors to consider and approve fund raising options on January 6.
Tata Power: Appointed Sanjeev Churiwala as the new CFO with effect from January 1. Ramesh Subramanyam, the erstwhile CFO to move into a new role within the Tata Group.
GAIL: To pay Rs 913.84 crore to the government and Rs 862.31 crore to other shareholders as first interim dividend for the FY21-22.
Dilip Buildcon: Received letter of acceptance for over burden removal contract mining work in Madhya Pradesh. The contract is of Rs 2,683.02 crore for a period of 1,795 days.
Granules India: Appointed KVS Ram Rao as an additional director, categorised as executive, on the board of the company with effect from January 5. The board also designated Rao as Joint Managing Director and CEO of the company.
Future Supply Chain Solutions: Samir Kedia resigned as CFO with effect from the closure of working hours of January 3.
CSB BANK Says
Gold loan disbursement in Q3 Is Higher than Q2 , Which was higher than q1
Gold loan disbursement In Q4 will be at Rs 3500 cr
Many large banks are lending at 7 % To SME Customers
Cost Of Operations is high in Gold loan portfolio , gold loan market will expand despite no. Of players increasing
Will Grow loan book when a right pricing reaches the market
Gold loan disbursement in Q3 Is Higher than Q2 , Which was higher than q1
Gold loan disbursement In Q4 will be at Rs 3500 cr
Many large banks are lending at 7 % To SME Customers
Cost Of Operations is high in Gold loan portfolio , gold loan market will expand despite no. Of players increasing
Will Grow loan book when a right pricing reaches the market
Positive stocks
RBL Bank
Phoenix Mills
Future group
Dilip buildcon
Nhpc
Upl
Negative stocks
Spandana
Airline Stocks
Hero Moto
RBL Bank
Phoenix Mills
Future group
Dilip buildcon
Nhpc
Upl
Negative stocks
Spandana
Airline Stocks
Hero Moto
Positive stocks
Reliance ind
Titan
Ujjivan sfb
Anand Rathi wealth
Hinduja global
Adani ent
Ircon
Negative stocks
Godrej cons
Gujarat pipavav
NCL IND
Reliance ind
Titan
Ujjivan sfb
Anand Rathi wealth
Hinduja global
Adani ent
Ircon
Negative stocks
Godrej cons
Gujarat pipavav
NCL IND
TCS: MINISTRY OF EXTERNAL AFFAIRS TODAY SIGNED AN AGREEMENT FOR THE SECOND PHASE OF THE PASSPORT SEVA PROGRAMME WITH CO || APPOINTING THEM AS THE SERVICE PROVIDER FOR THE PROJECT - ANI
ROLEX RINGS Q3 : Mutual Fund Increased its stake to 18.96 % From 17.38 % stake
Foreign Investors Reduced to 3.5 % From 4.06 % Stake
Hsbc Global Buys 1.38 % Stake in Rolex Rings During Q3
ROLEX RINGS Q3 : Mutual Fund Increased its stake to 18.96 % From 17.38 % stake
Foreign Investors Reduced to 3.5 % From 4.06 % Stake
Hsbc Global Buys 1.38 % Stake in Rolex Rings During Q3