Bharti Airtel Services Ltd to acquire 97.1% stake in Beetel Teletech Ltd.
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PNG Official
β¨β¨ Our October stock of the month β¨β¨ Surya Roshini is bringing roshini in our portfolio today π ππ 505 to 752 today ππ
Surya Roshni Lighting & Consumer Durable Segment becomes debt free now.
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ποΈ DECEMBER AUTO SALES NUMBERS
π» Tata Motors | Total sales up 4.7% at 77,855 units YoY, domestic sales down 1% at 32,668 units YoY.
π Maruti Suzuki | Total sales down 1.3% at 1.37 lakh units YoY, domestic sales down 6% at 1.10 lakh units YoY.
π M&M | Total auto sales up 6% at 60,188 units YoY, total PV sales up 24% at 35,174 units YoY.
π Bajaj Auto | Total sales up 16% at 3.26 lakh units YoY, domestic sales up 28% at 1.91 lakh units YoY.
π Escorts Kubota | Total sales down 18.6% 4,536 units YoY.
ποΈ Eicher Motor (Motorcycles) | Total sales down 7% at 63,387 units YoY.
π΅ TVS Motor | Total sales up 24.4% units at 3.01 lakh units YoY, 2-wheeler sales up 27% at 2.90 lakh units YoY.
π VST Tillers Tractors | Total sales down 46.6% at 2,434 units YoY.
π SML Isuzu | Total sales down 1% at 946 units YoY.
π Eicher Motors | Total VECV sales up 11.1% at 8,026 units YoY.
πΊ Atul Auto | Total auto sales up 16.4% at 2,503 units YoY.
π» Tata Motors | Total sales up 4.7% at 77,855 units YoY, domestic sales down 1% at 32,668 units YoY.
π Maruti Suzuki | Total sales down 1.3% at 1.37 lakh units YoY, domestic sales down 6% at 1.10 lakh units YoY.
π M&M | Total auto sales up 6% at 60,188 units YoY, total PV sales up 24% at 35,174 units YoY.
π Bajaj Auto | Total sales up 16% at 3.26 lakh units YoY, domestic sales up 28% at 1.91 lakh units YoY.
π Escorts Kubota | Total sales down 18.6% 4,536 units YoY.
ποΈ Eicher Motor (Motorcycles) | Total sales down 7% at 63,387 units YoY.
π΅ TVS Motor | Total sales up 24.4% units at 3.01 lakh units YoY, 2-wheeler sales up 27% at 2.90 lakh units YoY.
π VST Tillers Tractors | Total sales down 46.6% at 2,434 units YoY.
π SML Isuzu | Total sales down 1% at 946 units YoY.
π Eicher Motors | Total VECV sales up 11.1% at 8,026 units YoY.
πΊ Atul Auto | Total auto sales up 16.4% at 2,503 units YoY.
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πΈ Central and state governments collected βΉ1,64,882 crore ( βΉ1.65 trillion) in goods and services tax (GST) revenue in December, a notch below the average so far this year of βΉ1.66 trillion per month, but still a 10.3% jump from a year ago.
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This is not the right time to invest fully. Book some profits if already invested, or stay in some cash who wants to enter now. I guess market will give another good opportunity before elections.
π12β€5π3π2π€©1
PNG Official
https://x.com/pngstockadvisor/status/1741655509717885250?s=20
X (formerly Twitter)
PNG Value Investor (@pngstockadvisor) on X
π Good News about JTL Industries
βοΈQuarterly Business Update for Q3FY24.
πΈ JTL has recorded its highest ever quarterly sales volume of 1,00,905 MT, exhibiting a rigorous and robust growth of 76.05% over Q3 FY23 driven by healthy demand for its structuralβ¦
βοΈQuarterly Business Update for Q3FY24.
πΈ JTL has recorded its highest ever quarterly sales volume of 1,00,905 MT, exhibiting a rigorous and robust growth of 76.05% over Q3 FY23 driven by healthy demand for its structuralβ¦
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STOCKS IN ACTION 3 JANUARY
Adani Group Stocks: The Supreme Court will pronounce its judgement in the Adani Group-Hindenburg Research case on Wednesday
.
Maruti Suzuki: The company recorded total production at 1.21 lakh units, down 2.9% YoY, and passenger car production at 64,802 units, down 3.7% YoY. The auto manufacturer's mini and compact car production stood at 63,855 units, down 23.8% YoY.
ο»Ώο»ΏHero MotoCorp: The company recorded vehicle sales at 393,952 units, down 0.1% YoY and motorcycle sales at 354,658 units, down 0.6% YoY. The company's exports stood at 16, 110 units, up 25.7% YoY.
Exide Industries: The company will increase its corporate guarantee to Exide Energy Solutions by Rs 1,000 crore. The corporate guarantee limit will be increased from Rs 2,000 crore to Rs 3,000 crore.
ο»Ώο»ΏMahindra and Mahindra Financial Services: The company recorded an overall disbursement of Rs 4,900 crore, up 5% YoY for December, and business assets of Rs 96,850 crore, up 25% YoY.
Coal India: The company recorded coal production at 532 MT during April-Dec 2023, up 11% YoY, and non-regulated sector consumers hit a record high of 98 MT during April-Dec 2023.
Mahindra EPC Irrigation: The company received four orders worth Rs 13.34 crore from the office of the Assistant Engineer of the Water Users Association for the supply of pressurised micro irrigation systems.
Yes Bank: The lender recorded loans and advances at Rs 2.17 lakh crore, up 11.9% YoY, and deposits at Rs 2.41 lakh crore, up 13.2% YoY. The lender's CASA ratio stood at 29.7% vs. 29.9%.
Vedanta: The company's unit, BALCO, received a tax demand worth Rs 23 crore.
Affle India: The company will buy a 9.03% stake in Explurger for Rs 37.3 crore to enrich its vertical reach to the relevant users by using the Al-powered social media app of Explurger.
CSB Bank: The company recorded total deposits of Rs 27,344 crore, up 20.65%, and gross advances of Rs 22,863 crore, up 22.59%. The bank's CASA stood at Rs 7,509 crore, up 5.39%.
Archean Chemical Industries: The company unit incorporated its subsidiary, SiCSem.
Shyam Metallics and Energy: The company opened its qualified institutional placement to raise up to Rs 3,600 crore. It set a floor price for QIP at Rs 597.63 per share, which indicates a discount of 7.06% to the current market price.
Bank of Maharashtra: The company recorded total business at Rs 4.35 lakh crore, up 18.92%, and 03 gross advances at Rs 1.89 lakh crore, up 20.28% YoY. The lender's Q3 total deposits stood at Rs 2.46 lakh crore, up 17.9% YoY.
Arihant Superstructures: The company added a new plotted development project in Navi Mumbai, spread across 118 acres. The project is being acquired partly on an outright basis and partly in a joint-venture transaction. The total development potential is estimated at 2 million sq. ft.
Tata Motors: Supplied 100 electric buses to Assam State Transport Corporation (ASTC).
Natco Pharma: The company announced that DASH Pharmaceuticals has officially transitioned to Natco Pharma USA. All products marketed by DASH Pharmaceuticals will transition to the Natco Pharma USA label.
Marico: The High Court of Bombay approved the dissolution of Halite Personal Care India, a wholly-owned subsidiary of the company.
Avenue Supermarts: The company recorded standalone revenue at Rs 13,247 crore, up 17.2% YoY, and the number of stores at 341 as of Dec. 31.
Life Insurance Corp.: The company received a tax demand of Rs 117 crore from Telangana tax authorities for FY17.
Brigade Enterprise: The company acquired an additional 4.53% stake in BCV Developers.
Accordingly, the shareholding of the company has increased from 62.51% to 67.04% in BCV Developers.
MOIL: The company recorded a production volume of 1.85 lakh MT, up 31% YoY for December, and sales of 11.01 lakh MT, up 40% YoY from April to December.
Sun Pharmaceutical Industries: The pharma giant acquired a 100% stake in Israel's Libra Merger.
Acquisition to facilitate consolidation of the company's business in Israel.
Hindustan Zinc: The company recorded mined metal production at 2.
Adani Group Stocks: The Supreme Court will pronounce its judgement in the Adani Group-Hindenburg Research case on Wednesday
.
Maruti Suzuki: The company recorded total production at 1.21 lakh units, down 2.9% YoY, and passenger car production at 64,802 units, down 3.7% YoY. The auto manufacturer's mini and compact car production stood at 63,855 units, down 23.8% YoY.
ο»Ώο»ΏHero MotoCorp: The company recorded vehicle sales at 393,952 units, down 0.1% YoY and motorcycle sales at 354,658 units, down 0.6% YoY. The company's exports stood at 16, 110 units, up 25.7% YoY.
Exide Industries: The company will increase its corporate guarantee to Exide Energy Solutions by Rs 1,000 crore. The corporate guarantee limit will be increased from Rs 2,000 crore to Rs 3,000 crore.
ο»Ώο»ΏMahindra and Mahindra Financial Services: The company recorded an overall disbursement of Rs 4,900 crore, up 5% YoY for December, and business assets of Rs 96,850 crore, up 25% YoY.
Coal India: The company recorded coal production at 532 MT during April-Dec 2023, up 11% YoY, and non-regulated sector consumers hit a record high of 98 MT during April-Dec 2023.
Mahindra EPC Irrigation: The company received four orders worth Rs 13.34 crore from the office of the Assistant Engineer of the Water Users Association for the supply of pressurised micro irrigation systems.
Yes Bank: The lender recorded loans and advances at Rs 2.17 lakh crore, up 11.9% YoY, and deposits at Rs 2.41 lakh crore, up 13.2% YoY. The lender's CASA ratio stood at 29.7% vs. 29.9%.
Vedanta: The company's unit, BALCO, received a tax demand worth Rs 23 crore.
Affle India: The company will buy a 9.03% stake in Explurger for Rs 37.3 crore to enrich its vertical reach to the relevant users by using the Al-powered social media app of Explurger.
CSB Bank: The company recorded total deposits of Rs 27,344 crore, up 20.65%, and gross advances of Rs 22,863 crore, up 22.59%. The bank's CASA stood at Rs 7,509 crore, up 5.39%.
Archean Chemical Industries: The company unit incorporated its subsidiary, SiCSem.
Shyam Metallics and Energy: The company opened its qualified institutional placement to raise up to Rs 3,600 crore. It set a floor price for QIP at Rs 597.63 per share, which indicates a discount of 7.06% to the current market price.
Bank of Maharashtra: The company recorded total business at Rs 4.35 lakh crore, up 18.92%, and 03 gross advances at Rs 1.89 lakh crore, up 20.28% YoY. The lender's Q3 total deposits stood at Rs 2.46 lakh crore, up 17.9% YoY.
Arihant Superstructures: The company added a new plotted development project in Navi Mumbai, spread across 118 acres. The project is being acquired partly on an outright basis and partly in a joint-venture transaction. The total development potential is estimated at 2 million sq. ft.
Tata Motors: Supplied 100 electric buses to Assam State Transport Corporation (ASTC).
Natco Pharma: The company announced that DASH Pharmaceuticals has officially transitioned to Natco Pharma USA. All products marketed by DASH Pharmaceuticals will transition to the Natco Pharma USA label.
Marico: The High Court of Bombay approved the dissolution of Halite Personal Care India, a wholly-owned subsidiary of the company.
Avenue Supermarts: The company recorded standalone revenue at Rs 13,247 crore, up 17.2% YoY, and the number of stores at 341 as of Dec. 31.
Life Insurance Corp.: The company received a tax demand of Rs 117 crore from Telangana tax authorities for FY17.
Brigade Enterprise: The company acquired an additional 4.53% stake in BCV Developers.
Accordingly, the shareholding of the company has increased from 62.51% to 67.04% in BCV Developers.
MOIL: The company recorded a production volume of 1.85 lakh MT, up 31% YoY for December, and sales of 11.01 lakh MT, up 40% YoY from April to December.
Sun Pharmaceutical Industries: The pharma giant acquired a 100% stake in Israel's Libra Merger.
Acquisition to facilitate consolidation of the company's business in Israel.
Hindustan Zinc: The company recorded mined metal production at 2.
π9β€2
71 lakh metric tonnes, up 7% YoY, and refined metal production at 2.59 lakh metric tonnes, up 1% YoY.
Jubilant Foodworks: The company acquired a 6.32% stake in 02 Renewable to buy up to 4.51
MW of renewable power. The aggregate cost of acquisition is Rs 2.67 crore.
Jubilant Pharmova: The company acquired a 19.89% stake in 02 Renewable for the purchase of renewable energy power (electricity) generated from the captive generating plant for Rs 8.43
crore.
Rail Vikas Nigam: The company has signed a MoU with REC for mutual benefits by way of RVNL presenting bankable projects with assured or projected sources of revenue.
Birlasoft: The company appointed Manjunath Kygonahally as the chief executive officer of the rest of the world region, effective January 2.
Rama Steel Tubes: The company recorded a Q3 sales volume of 46,919.80 tonnes, up 31% QoQ.
GVK Power and Infrastructure: The Competition Commission of India approved the proposed acquisition of GVK Power by Punjab State Power Corp.
Jubilant Foodworks: The company acquired a 6.32% stake in 02 Renewable to buy up to 4.51
MW of renewable power. The aggregate cost of acquisition is Rs 2.67 crore.
Jubilant Pharmova: The company acquired a 19.89% stake in 02 Renewable for the purchase of renewable energy power (electricity) generated from the captive generating plant for Rs 8.43
crore.
Rail Vikas Nigam: The company has signed a MoU with REC for mutual benefits by way of RVNL presenting bankable projects with assured or projected sources of revenue.
Birlasoft: The company appointed Manjunath Kygonahally as the chief executive officer of the rest of the world region, effective January 2.
Rama Steel Tubes: The company recorded a Q3 sales volume of 46,919.80 tonnes, up 31% QoQ.
GVK Power and Infrastructure: The Competition Commission of India approved the proposed acquisition of GVK Power by Punjab State Power Corp.
π16
Good morning!
β’ market sees volatility
β’ nasdaq down 245 pts
β’ nifty consolidates with negative bias yesterday
β’ dips getting bought, pharma stocks rise
β’ FIIs buy 1602cr,DIIs sell 1959cr yesterday
β’ rate sensitives like autos, banks see profit taking
β’ SC verdict on Adani- Hindenburg case today
β’ market sees volatility
β’ nasdaq down 245 pts
β’ nifty consolidates with negative bias yesterday
β’ dips getting bought, pharma stocks rise
β’ FIIs buy 1602cr,DIIs sell 1959cr yesterday
β’ rate sensitives like autos, banks see profit taking
β’ SC verdict on Adani- Hindenburg case today
π7