✨ Stocks To Watch on 16th January ✨
💠 Bank of Baroda: The bank will issue long-term infrastructure bonds worth Rs 5,000 crore in the second tranche.
💠 Nalco: India's Khanij Bidesh India and Argentina's Catamarca Minera Y Energetica Sociedad DEL ESTADO signed an agreement for the first-ever exploration and mining of lithium. The estimated project cost is Rs 200 crore.
💠 PNC Infratech: The company, with its arm, executed definitive agreements with Highways Infrastructure Trust to divest 12 of the company's road assets and one toll concession in the states of Uttar Pradesh, Madhya Pradesh, Karnataka, and Rajasthan. The enterprise value of the transaction is Rs 9,005.7 crore.
💠 Patanjali Foods: The company, in its Q3 business update, reported that the food and FMCG segments accounted for 32% of total revenues, edible oils' sequential volume growth was seen in single digits and branded sales continued to contribute 75% of the total edible oil sales volume.
💠 Life Insurance Corp : The company has temporarily closed its Mauritius branch due to ongoing Cyclone Belal in Mauritius.
💠 Sarda Energy and Minerals: The company received an order worth Rs 150 crore from Gensol Engineering for the installation of a 50 MW solar power plant in Chhattisgarh.
💠 BLS International Services: The company, through its arm, signed a definitive agreement to acquire a 100% stake in iDATA, a Turkey-based visa and consular services provider, to expand the existing business in new geographies and with new client governments.
💠 Aster DM: Affinity Holdings and Alpha GCC aim to complete the sale of the Gulf business deal soon. The dividend from the upfront payment of $903 million is seen at Rs 110 to Rs 120 per share.
💠 Usha Martin: The company's Thailand-based arm will acquire a 50% stake in Tesac Usha wire rope company for Baht 74.45 million from Kobelco Wire Company.
💠 HPL Electric and Power: The company bagged deals worth Rs 240 crore from leading AMISP clients for smart metres.
💠 Easy Trip Planners: The company embarked on a nationwide roadshow spanning multiple cities.
💠 InterGlobe Aviation: The company's local passenger market share stood at 61.8% vs. 61.8% in November.
💠 SpiceJet: The company's local passenger market share stood at 5.6% vs. 6.2% in November.
💠 Cosmo First: The company announced that Cosmo Plastech, which manufactures rigid sheets, Thermoforming and injection moulding, has attained Food Safety System Certification 22000, a mandatory requirement for the packaging material coming in direct contact with food.
💠 Rail Vikas Nigam: The company emerged as the lowest bidder for supply, installation, testing and commissioning of 11 KV Line-associated works. The consideration for the order is Rs 251 crore.
💠 Trident: The company appointed Deepak Singhal as chief executive officer for the paper, energy and chemicals business.
💠 Omaxe: The company successfully closed the loan facility obtained by Omaxe Heritage from Varde Partners, much before its scheduled closure. The company has fully repaid the loan amount of Rs 440 crore, along with accrued interest on the same. https://x.com/pngstockadvisor/status/1747088901599121435?s=20
💠 Bank of Baroda: The bank will issue long-term infrastructure bonds worth Rs 5,000 crore in the second tranche.
💠 Nalco: India's Khanij Bidesh India and Argentina's Catamarca Minera Y Energetica Sociedad DEL ESTADO signed an agreement for the first-ever exploration and mining of lithium. The estimated project cost is Rs 200 crore.
💠 PNC Infratech: The company, with its arm, executed definitive agreements with Highways Infrastructure Trust to divest 12 of the company's road assets and one toll concession in the states of Uttar Pradesh, Madhya Pradesh, Karnataka, and Rajasthan. The enterprise value of the transaction is Rs 9,005.7 crore.
💠 Patanjali Foods: The company, in its Q3 business update, reported that the food and FMCG segments accounted for 32% of total revenues, edible oils' sequential volume growth was seen in single digits and branded sales continued to contribute 75% of the total edible oil sales volume.
💠 Life Insurance Corp : The company has temporarily closed its Mauritius branch due to ongoing Cyclone Belal in Mauritius.
💠 Sarda Energy and Minerals: The company received an order worth Rs 150 crore from Gensol Engineering for the installation of a 50 MW solar power plant in Chhattisgarh.
💠 BLS International Services: The company, through its arm, signed a definitive agreement to acquire a 100% stake in iDATA, a Turkey-based visa and consular services provider, to expand the existing business in new geographies and with new client governments.
💠 Aster DM: Affinity Holdings and Alpha GCC aim to complete the sale of the Gulf business deal soon. The dividend from the upfront payment of $903 million is seen at Rs 110 to Rs 120 per share.
💠 Usha Martin: The company's Thailand-based arm will acquire a 50% stake in Tesac Usha wire rope company for Baht 74.45 million from Kobelco Wire Company.
💠 HPL Electric and Power: The company bagged deals worth Rs 240 crore from leading AMISP clients for smart metres.
💠 Easy Trip Planners: The company embarked on a nationwide roadshow spanning multiple cities.
💠 InterGlobe Aviation: The company's local passenger market share stood at 61.8% vs. 61.8% in November.
💠 SpiceJet: The company's local passenger market share stood at 5.6% vs. 6.2% in November.
💠 Cosmo First: The company announced that Cosmo Plastech, which manufactures rigid sheets, Thermoforming and injection moulding, has attained Food Safety System Certification 22000, a mandatory requirement for the packaging material coming in direct contact with food.
💠 Rail Vikas Nigam: The company emerged as the lowest bidder for supply, installation, testing and commissioning of 11 KV Line-associated works. The consideration for the order is Rs 251 crore.
💠 Trident: The company appointed Deepak Singhal as chief executive officer for the paper, energy and chemicals business.
💠 Omaxe: The company successfully closed the loan facility obtained by Omaxe Heritage from Varde Partners, much before its scheduled closure. The company has fully repaid the loan amount of Rs 440 crore, along with accrued interest on the same. https://x.com/pngstockadvisor/status/1747088901599121435?s=20
X (formerly Twitter)
PNG Value Investor (@pngstockadvisor) on X
✨ Stocks To Watch on 16th January ✨
💠 Bank of Baroda: The bank will issue long-term infrastructure bonds worth Rs 5,000 crore in the second tranche.
💠 Nalco: India's Khanij Bidesh India and Argentina's Catamarca Minera Y Energetica Sociedad DEL ESTADO…
💠 Bank of Baroda: The bank will issue long-term infrastructure bonds worth Rs 5,000 crore in the second tranche.
💠 Nalco: India's Khanij Bidesh India and Argentina's Catamarca Minera Y Energetica Sociedad DEL ESTADO…
👍9❤5
Good morning everyone,
I was unable to give any updates yesterday cause I was in journey.
Hopefully all is well.
I was unable to give any updates yesterday cause I was in journey.
Hopefully all is well.
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✨ Stocks To Watch on 17th 17 January ✨
💠 Adani Energy Solutions: The company reported an over 14% jump in sales and a pipeline of 2.1 crore smart metres with a contract value of Rs 25,100 crore in the third quarter of FY24.
💠 L&T Technology Services: The company approves the re-appointment of Amit Chadha as CEO and MD for 3 years w.e.f. April 1.
💠 Indian Renewable Energy Development Agency: The company joined hands with Indian Overseas Bank for co-lending and loan syndication for a diverse spectrum of renewable energy projects across the nation.
💠 Rail Vikas Nigam: The company has formed a 49:51 joint venture with Jakson Green for solar projects outside India. The company incorporated a new subsidiary company, RVNL Infra, in South Africa.
💠 G R Infraprojects: The company, through its arm, executed the concession agreement with the National Highways Authority of India for highways in Uttar Pradesh. The project cost is Rs 1,085 crore.
💠 UltraTech Cement: The company incorporated its Meghalaya unit, Letein Valley Cement for limestone mining.
💠 Karnataka Bank: The company and Clix Capital entered into a strategic digital co-lending partnership through the Yubi Co-lending Platform to provide loans to the Indian MSME sector.
💠PNC Infratech: The company received a letter of award for a road construction project worth Rs. 1,174 crore in Bhopal from Madhya Pradesh Road Development Corp.
💠 GMR Airports: The company reported total passenger traffic at airports at 1.1 crore, up 15.3% YoY and total aircraft movements at airports at 68,095, up 8.3% YoY for the month of December.
💠 EKI Energy Services: The company announced the successful launch of the 'Suryotsava: Nutan Aarambh' pilot project for distributing indoor solar cooking devices in Kandipura village, Madhya Pradesh.
💠 Share India Securities: The company was informed about cyber fraud by some unknown persons by creating a fishing website and fishing mobile app for the company.
💠 ECL Finance: The company reported the value of AlFs held by the company at Rs 1,464 crore as of Sept. 30, 2023, and has exited all AlFs that had prior exposure to debtors as of Jan. 16.
💠 DCB Bank: The Reserve Bank of India approved the appointment of Praveen Achuthan Kutty as managing director and chief executive officer.
💠 Godrej Properties: The company has acquired an additional one-acre land parcel in Yeshwanthpur, Bengaluru, with a developable potential of approximately 1.40 lakh square feet of saleable area. https://x.com/pngstockadvisor/status/1747443070310764927?s=20
💠 Adani Energy Solutions: The company reported an over 14% jump in sales and a pipeline of 2.1 crore smart metres with a contract value of Rs 25,100 crore in the third quarter of FY24.
💠 L&T Technology Services: The company approves the re-appointment of Amit Chadha as CEO and MD for 3 years w.e.f. April 1.
💠 Indian Renewable Energy Development Agency: The company joined hands with Indian Overseas Bank for co-lending and loan syndication for a diverse spectrum of renewable energy projects across the nation.
💠 Rail Vikas Nigam: The company has formed a 49:51 joint venture with Jakson Green for solar projects outside India. The company incorporated a new subsidiary company, RVNL Infra, in South Africa.
💠 G R Infraprojects: The company, through its arm, executed the concession agreement with the National Highways Authority of India for highways in Uttar Pradesh. The project cost is Rs 1,085 crore.
💠 UltraTech Cement: The company incorporated its Meghalaya unit, Letein Valley Cement for limestone mining.
💠 Karnataka Bank: The company and Clix Capital entered into a strategic digital co-lending partnership through the Yubi Co-lending Platform to provide loans to the Indian MSME sector.
💠PNC Infratech: The company received a letter of award for a road construction project worth Rs. 1,174 crore in Bhopal from Madhya Pradesh Road Development Corp.
💠 GMR Airports: The company reported total passenger traffic at airports at 1.1 crore, up 15.3% YoY and total aircraft movements at airports at 68,095, up 8.3% YoY for the month of December.
💠 EKI Energy Services: The company announced the successful launch of the 'Suryotsava: Nutan Aarambh' pilot project for distributing indoor solar cooking devices in Kandipura village, Madhya Pradesh.
💠 Share India Securities: The company was informed about cyber fraud by some unknown persons by creating a fishing website and fishing mobile app for the company.
💠 ECL Finance: The company reported the value of AlFs held by the company at Rs 1,464 crore as of Sept. 30, 2023, and has exited all AlFs that had prior exposure to debtors as of Jan. 16.
💠 DCB Bank: The Reserve Bank of India approved the appointment of Praveen Achuthan Kutty as managing director and chief executive officer.
💠 Godrej Properties: The company has acquired an additional one-acre land parcel in Yeshwanthpur, Bengaluru, with a developable potential of approximately 1.40 lakh square feet of saleable area. https://x.com/pngstockadvisor/status/1747443070310764927?s=20
X (formerly Twitter)
PNG Value Investor (@pngstockadvisor) on X
✨ Stocks To Watch on 17th 17 January ✨
💠 Adani Energy Solutions: The company reported an over 14% jump in sales and a pipeline of 2.1 crore smart metres with a contract value of Rs 25,100 crore in the third quarter of FY24.
💠 L&T Technology Services: The…
💠 Adani Energy Solutions: The company reported an over 14% jump in sales and a pipeline of 2.1 crore smart metres with a contract value of Rs 25,100 crore in the third quarter of FY24.
💠 L&T Technology Services: The…
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When I said expect 5-10% fall.
Many people don’t expect it is too serious.
It is only in Bank Nifty but not much fall in Midcap. If midcap follow the same trend many portfolios starts to bleed 🩸
https://x.com/pngstockadvisor/status/1747483374753620132?s=46
Many people don’t expect it is too serious.
It is only in Bank Nifty but not much fall in Midcap. If midcap follow the same trend many portfolios starts to bleed 🩸
https://x.com/pngstockadvisor/status/1747483374753620132?s=46
👍16🙏3❤1🔥1
PNG Official
When I said expect 5-10% fall. Many people don’t expect it is too serious. It is only in Bank Nifty but not much fall in Midcap. If midcap follow the same trend many portfolios starts to bleed 🩸 https://x.com/pngstockadvisor/status/1747483374753620132?s=46
On 15th Jan I posted this when our markets hit the life time high.
https://x.com/pngstockadvisor/status/1746785321784660449?s=46
https://x.com/pngstockadvisor/status/1746785321784660449?s=46
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STOCKS IN ACTION 18 JANUARY
• NHPC: The government to sell up to 3.5% stake via offer for sale on Jan. 18 and 19. The floor
price of the offer for sale was set at Rs 66 per share, indicating a discount of 9.6% to the current
market price.
• Adani Enterprises: The company has signed a Memorandum of Understanding with the
Maharashtra government to set up a 1-gigawatt hyperscale data centre at an investment of Rs
50,000 crore over the next 10 years.
• Shriram Finance: The company raised $750 million through social bonds from international bond
markets.
• Nazara Tech: The company plans to raise up to Rs 250 crore via a preferential issue of shares at
Rs 872.15 apiece. The company acquired a 10.77% stake in social influencer platform Kofluence
Tech Pvt. for Rs 32.41 crore.
• Indiabulls Housing Finance: The company approved raising up to Rs 5,000 crore via an equity
issue.
• Natco Pharma: The company invested $2 million in the Delhi-based biotech startup Cellogen
Therapeutics.
• Zaggle Prepaid Ocean Services: The company signed a contract worth Rs 200 crore with Torrent
Gas - for implementing close loop fleet program.
• Sundaram Finance: The company has exposure to alternate investment funds of Rs 270.28 crore
as of Jan. 18.
• RailTel Corp: The company received an order worth Rs 82.41 crore from South Central Railway in
the Secunderabad Division.
• Balaji Amines: The company received BIS certification for the product Morpholine from the
Bureau of Indian Standards.
• Intellect Design Arena: The company received approval to set up its branch office at GIFT City.
• Manali Petrochemicals: The company has resumed operations at its Manali Plant.
• OnMobile Technologies: The company has appointed Sreejith Chandrasekharan as Chief
Technology Officer.
• ZF Commercial Vehicle Control Systems India: RS Rajagopal Sastry has resigned from the
macition of 0C0
• Avenue Supermarket: The company has opened two new stores in Tirupur (Tamil Nadu) and
Sehore (Madhya Pradesh). The total number of stores as of today stands at 344.
• Uniparts India: The company has been awarded an order of $1.2 million from Doosan Bobcat
Indiabulls Housing Finance to raise funds up to ₹5,000 crore via issue of equity shares
Minda Corp sells 15.7% stake (1.91 crore equity) in Pricol at ₹343.60/Sha
North America for the supply of construction equipment parts. The award is subject to the
execution of the purchase order.
• Keystone Realtors: The company will acquire 50% of the Ajmera Realty unit, Ajmera Luxe Realty
for Rs 50,000.
• NHPC: The government to sell up to 3.5% stake via offer for sale on Jan. 18 and 19. The floor
price of the offer for sale was set at Rs 66 per share, indicating a discount of 9.6% to the current
market price.
• Adani Enterprises: The company has signed a Memorandum of Understanding with the
Maharashtra government to set up a 1-gigawatt hyperscale data centre at an investment of Rs
50,000 crore over the next 10 years.
• Shriram Finance: The company raised $750 million through social bonds from international bond
markets.
• Nazara Tech: The company plans to raise up to Rs 250 crore via a preferential issue of shares at
Rs 872.15 apiece. The company acquired a 10.77% stake in social influencer platform Kofluence
Tech Pvt. for Rs 32.41 crore.
• Indiabulls Housing Finance: The company approved raising up to Rs 5,000 crore via an equity
issue.
• Natco Pharma: The company invested $2 million in the Delhi-based biotech startup Cellogen
Therapeutics.
• Zaggle Prepaid Ocean Services: The company signed a contract worth Rs 200 crore with Torrent
Gas - for implementing close loop fleet program.
• Sundaram Finance: The company has exposure to alternate investment funds of Rs 270.28 crore
as of Jan. 18.
• RailTel Corp: The company received an order worth Rs 82.41 crore from South Central Railway in
the Secunderabad Division.
• Balaji Amines: The company received BIS certification for the product Morpholine from the
Bureau of Indian Standards.
• Intellect Design Arena: The company received approval to set up its branch office at GIFT City.
• Manali Petrochemicals: The company has resumed operations at its Manali Plant.
• OnMobile Technologies: The company has appointed Sreejith Chandrasekharan as Chief
Technology Officer.
• ZF Commercial Vehicle Control Systems India: RS Rajagopal Sastry has resigned from the
macition of 0C0
• Avenue Supermarket: The company has opened two new stores in Tirupur (Tamil Nadu) and
Sehore (Madhya Pradesh). The total number of stores as of today stands at 344.
• Uniparts India: The company has been awarded an order of $1.2 million from Doosan Bobcat
Indiabulls Housing Finance to raise funds up to ₹5,000 crore via issue of equity shares
Minda Corp sells 15.7% stake (1.91 crore equity) in Pricol at ₹343.60/Sha
North America for the supply of construction equipment parts. The award is subject to the
execution of the purchase order.
• Keystone Realtors: The company will acquire 50% of the Ajmera Realty unit, Ajmera Luxe Realty
for Rs 50,000.
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