*Q3FY24 EARNING CALENDAR 16.01.2024*

*FEDERALBNK*, GOACARBON, HATHWAY, *HDFCBANK*, HSCL, *ICICIGI*, ISEC, JINDALSAW, *LTTS*, MAHABANK, MAPMYINDIA, NETWORK18, NEWGEN, TV18BRDCST

*FEDERALBANK*

• NII expected at Rs 2130 crore versus Rs 1957 crore
• EBIT expected to be seen at Rs 1369 crore versus Rs 1274 crore
• EBIT margin expected to be seen at 64.33% versus 65.13%
• Net profit expected to be seen at Rs 927 crore versus of Rs 803 crore

*HDFCBANK*

• NII expected at Rs 28,345 crore versus Rs 22,987 crore
• EBIT expected to be seen at Rs 23,563 crore versus Rs 19,024 crore
• EBIT margin expected to be seen at 58.94% versus 60.42%
• Net profit expected to be seen at Rs 15,673 crore versus of Rs 12,259 crore

*ICICI GI*

• Gross Premium Writ expected at Rs 6494 crore versus Rs 5599 crore
• EBIT expected to be seen at Rs 10.4 crore versus Rs 485 crore
• EBIT margin expected to be seen at 0.22% versus 11.13%
• Net profit expected to be seen at Rs 491 crore versus of Rs 352 crore

*LTTS*

• Rupee Revenue expected at Rs 2444 crore versus Rs 2386 crore
• EBIT expected to be seen at Rs 421 crore versus Rs 407 crore
• EBIT margin expected to be seen at 17.22% versus 17.08%
• Net profit expected to be seen at Rs 315 crore versus of Rs 331 crore


*Q3FY24 EARNING CALENDAR 17.01.2024*

ALOKINDS, *ASIANPAINT*, GANESHHOUC, HAPPSTMNDS, *ICICIPRULI*, IIFL, *LTIM*, MOSCHIP, *OFSS*, SDBL, SSWL

CHINA WEIGHS MORE STIMULUS WITH $139 BILLION OF SPECIAL BONDS: BLOOMBERG NEWS

#BREAKING
Temporary Action could be Auto Banks n Metals...

Post market update 😊

@AlliesFin

Count of Stocks ending the day below 3%

Jan 11: 58
Jan 12: 85
Jan 15: 122
Jan 16: 281

Long Term Avg: 145
Last 30 Day Avg: 122

Nifty RSI (Weekly): 78
Nifty historically tops out above 80

Stat tuned for updates
T.me/AlliesFin

Like 👍 Share 🤝

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 16-01-2024 :

T.me/AlliesFin

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -3582* 😥

*INDEX FUT. : -134*

*INDEX OPT. : -2461*

*STOCK FUT. : -1166*

*STOCK OPT. : +180*

SEC. IN F&O BAN FOR, 17-JAN-24 :

*1. ABFRL 2. ASHOKLEY 3. BANDHANBNK 4. BIOCON 5. CHAMBLFERT 6. DELTACORP 7. HINDCOPPER 8. INDIACEM 9. INDUSTOWER 10. METROPOLIS 11. NATIONALUM 12. PEL 13 . POLYCAB 14. PVRINOX 15. ZEEL*

*ADDITION : ABFRL, ASHOKLEY, NATIONALUM*
*DELETION : BHEL, ESCORTS, SAIL*

INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 16-JAN-2024 :

*FIIS : BUY +656 (12,212-11,556)* 😊

*DIIS : SELL -369 (10,126-10,495)* ☺️

*BSE SENSEX : -199 (73,129)🔽*

*NSE NIFTY : -65 (22,032)🔽*

*BSE MIDCAP. : -120 (38,009)*🔽

*BSE SMLCAP. : -191 (44,361)*🔽

*B. CRUDE : $ 78.10* 🔼 😩

*GOLD: $ 2,039=INR 63,000(10gr)*🔽☺️

*SILVER : RS. 76,800 (kg)(5pm)*🔽☺️

*FOREX : RS. $ 83.07 🔽 😩*

*7.18% GOI '33: 7.1460%(100.2250)🔽🙂*

*7.18% GOI '37: 7.2519% (99.3850)🔽🙂*

GIFT Nifty -170 pts (21856) from last trade 22026 ,

#AlliesFin

Nikkei +580 pts ,
Hangseng -102 pts ,

Dow -231.86 pts ,Nsdq -28.41 pts, S&P
-17.85 pts ,, Bovespa -2226 pts , Ftse -36 pts , Dax -50 pts , Cac -13 pts , Crude @ $72.01 brl (-0.39), Brent @ $77.90 brl (-0.25) , Gold @ 2031.00 (+0.80), Silver $23.06 (-0.03), Euro @ $1.0875, JPY @ $147.11, INR @ 83.085





*Today's Corporate Action*
*17th Jan Ex Date*



DHAMPURSUG
Buy Back of Shares  
MKEXIM
Bonus issue 1:2 




*Today's Key Results/Board Meetings*
*17-Jan-24*




AGRITECH
Quarterly Results  
ALOKINDS
Quarterly Results  
ASIANPAINT
Quarterly Results  
ATHARVENT
General;Quarterly Results 
CRPRISK
Increase in Authorised Capital;General;Preferential Issue of shares
DBREALTY
General   
ELIL
Bonus issue;Increase in Authorised Capital;General
EMUDHRA
General   
GANESHHOUC
Quarterly Results  
GOODLUCK
General   
HAPPSTMNDS
Quarterly Results  
HMVL
Quarterly Results  
ICICIPRULI
Audited Results;Quarterly Results
IIFL
Interim Dividend;Quarterly Results
JIKIND
Quarterly Results  
LTIM
Quarterly Results  
MANGIND
Right Issue of Equity Shares;General
MASFIN
Bonus issue;Increase in Authorised Capital;General
MOSCHIP
Quarterly Results  
OFSS
Quarterly Results  
QUESTCAP
Quarterly Results  
RAMASIGNS
Quarterly Results  
RAMINFO
Preferential Issue of shares 
RAYALEMA
General   
ROSELABS
Quarterly Results  
RPSGVENT
Preferential Issue of shares 
SAVFI
Quarterly Results  
SDBL
Issue Of Warrants;General;Preferential Issue of shares;Quarterly Results;Rights Issue
SOTL
General   
SPECIALITY
Quarterly Results  
SSWL
Quarterly Results  
STARHFL
General;Quarterly Results 
TECHIN
Quarterly Results  




*Stock under F&O ban on NSE*
*17-Jan-24*




1 ABFRL
2 ASHOKLEY
3 BANDHANBNK
4 BIOCON
5 CHAMBLFERT
6 DELTACORP
7 HINDCOPPER
8 INDIACEM
9 INDUSTOWER
10 METROPOLIS
11 NATIONALUM
12 PEL
13 POLYCAB
14 PVRINOX
15 ZEEL

🇮🇳India Daybook Stocks in News


*Karnataka Bank:* Company enters into co-lending partnership with ClixCapital to provide loans to Indian MSMEs (Positive)

*RVNL:* Company forms 49:51 joint venture with #JaksonGreen for solar projects in India and oversees: (Positive)

*ICICI SEC Q3:* Total Income at Rs 1322.0 crore versus Rs 879.0 crore YoY, Rs 1249.0 crore QoQ. Net Profit at Rs 466.0 crore versus Rs 281.0 crore YoY, Rs 424.0 crore QoQ (Positive)

*IREDA:* The Company has signed MoU with Indian Overseas Bank for Co-lending in Green Energy Financing (Positive)

*PNC Infratech:* Company gets Letter of Acceptance for road construction project worth Rs 1,174 crore. (Positive)

*UltraTech Cement:* Incorporates Meghalaya unit Letein Valley Cement for limestone mining (Positive)

*Adani Energy Solutions:* Company's smart-metering contracts include 8 projects with a contract value of Rs 25,100 crore. (Positive)

*GR Infraprojects:* Company executes concession agreement with NHAI for Rs 1085.5 crore four-laning project in Uttar Pradesh. (Positive)

*GMR Airports:* Total passenger traffic at airports at 1.1 crore, up 15.3% year-on-year. (Positive)

*Newgen Software:* Management says robust profitability and significant cash flow generation. (Positive)

*ICICI Lombard: Company has registered a 22.4 percent on-year growth in net profit at Rs 431 crore. (Positive)

*Godrej Prop:* Company has acquired an additional 1 acre of land parcel in Yeshwanthpur, Bengaluru. (Positive)

*Piramal Pharma:* Company announced the launch of a new concentration of zinc sulfate injection in the US market (Positive)

*HDFC BANK:* NII at Rs 28471.0 crore versus Poll of Rs 29079.0 crore, Net Profit at Rs 16373.0 crore versus Poll of Rs 15693.0 crore (Neutral)

*LTTS:* Net Profit at Rs 336.2 versus poll of Rs 332 cr, Revenues at Rs 2422 versus poll of Rs 2454 cr (Neutral)

*TCS:* Company to train entire staff of over 5 lakh software engineers on upcoming Generative AI opportunity. (Neutral)

*TV18 Broadcast:* Company posted a five percent on-year decline in consolidated revenue at Rs 1,676 crore for the quarter ended December FY24. (Neutral)

*DCB Bank:* The private sector said the RBI approved the appointment of Praveen Achuthan Kutty as its Managing Director and CEO. T (Neutral)

*Network18:* The company reported a loss of ₹107.87 crore for the third quarter that ended December 31, 2023

WILL THIS NEWS TRIGGER MORE VOLATILITY GLOBALLY ?

Indices % wise

5 Main Reasons Behind Today's Fall in Market

1. HDFC Bank's Earnings: Mixed Q3 results from HDFC Bank led to a downturn in banking stocks. 🏦

2. Global Sentiment: Asia's markets fell, with China's GDP miss influencing regional sentiment. 🌏

3. Hawkish Federal Reserve: US Fed's interest rate stance spurred cautious global investor sentiment. 🦅

4. China's Economic Data: Lower than expected GDP and high youth unemployment in China rattled markets. 🇨🇳

5. Financial Indicators: Dollar strength and US bond yield rise hinted at tighter future monetary policy. 💹

17/1/2024
@AlliesFin
BSE:-1628(71500)
NSE:-460(21571)
B.NIFTY:-2060(46064)
MID:-412(37597)
SML:-396(43963)
FII|FPI:-10578Cr
DII:+4006Cr
B.Crude: 76
Gold$:2024=INR: 61982
Silver: 71800
$/Rs: 83.14
7.18 : 2033 G-Sec: 7.16
NSE PE: 23.03
T.me/AlliesFin

*GIFT Nifty -145 pts (21443) from last trade 21587 ,*


Nikkei -36 pts ,
Hangseng +24 pts ,


Dow -94.45 pts ,Nsdq -88.72 pts, S&P
-26.77 pts ,, Bovespa -770 pts , Ftse -112 pts , Dax -139 pts , Cac -79 pts , Crude @ $72.75 brl (+0.19), Brent @ $78.11 brl (-0.18) , Gold @ 2009.50 (+3.00), Silver $22.71 (+0.04), Euro @ $1.0882, JPY @ $148.12, INR @ 83.195





*Today's Corporate Action*
*18th Jan Ex Date*


 
CHAMBLFERT
Buy Back of Shares  
SAPPL
Right Issue of Equity Shares




*Today's Key Results/Board Meetings*
*18-Jan-24*





360ONE
Interim Dividend;Quarterly Results
ACCELYA
Interim Dividend;Quarterly Results
AURUM
General;Quarterly Results 
DBOL
Quarterly Results  
DRAGARWQ
Quarterly Results  
DRCSYSTEMS
Bonus issue;General;Quarterly Results
FERVENTSYN
Quarterly Results  
FINPIPE
Quarterly Results  
GGAUTO
General;Quarterly Results 
GGENGQuarterly Results  
HOMEFIRST
General;Quarterly Results 
INDIAMART
Audited Results;Quarterly Results
INDUSINDBK
Quarterly Results  
INNOVACAP
General;Quarterly Results 
JSL
Quarterly Results  
KSOLVES
Interim Dividend;Quarterly Results
LYNMC
Quarterly Results  
MAGNUM
General   
MARKOBENZ
Quarterly Results  
MASTEK
Interim Dividend;Quarterly Results
METROBRAND
Interim Dividend;General;Quarterly Results
MKEXIM
General   
MODIS
Increase in Authorised Capital;Issue Of Warrants;Preferential Issue of shares
NATHBIOGEN
General;Quarterly Results 
NETLINK
Quarterly Results  
POLYCAB
Quarterly Results  
POONAWALLA
Interim Dividend;General;Quarterly Results
QUASAR
Quarterly Results 
RAJNISH
General;Quarterly Results 
RATHIST
General;Preferential Issue of shares;Rights Issue
RKFORGE
General;Quarterly Results 
SHOPERSTOP
General;Quarterly Results 
SHRINIWAS
Quarterly Results  
SOUTHBAN
Quarterly Results  
SPENTA
General;Quarterly Results 
SPLPETR
Quarterly Results  
STL
Quarterly Results  
SURAJLT
DInterim Dividend;Quarterly Results
SURANASOL
Quarterly Results  
SWSOLAR
General;Quarterly Results 
TATACOMM
Quarterly Results  
TIERRA
Quarterly Results  
VBDESAI
Quarterly Results 
VELHO
Quarterly Results  
YOGI
General;Quarterly Results 



*Stock under F&O ban on NSE*
*18-Jan-24*



1 ABFRL
2 ASHOKLEY
3 BANDHANBNK
4 CHAMBLFERT
5 DELTACORP
6 HINDCOPPER
7 IEX
8 METROPOLIS
9 NATIONALUM
10 POLYCAB
11 PVRINOX
12 SAIL
13 ZEEL

🇮🇳India Daybook Stocks in News


*RailTel Corporation:* Company has secured a major work order from South Central Railway for comprehensive ground infrastructure works amounting to Rs. 82 Cr (Positive)

*Uniparts:* Secures a USD 1.2 million order from Doosan Bobcat North America Inc. for construction equipment parts. (Positive)

*Happiest Minds:* Q3 results show strong revenue growth at 11.7% y-o-y and EBITDA growth at 8.2% y-o-y. (Positive)

*Balaji Amines:* Company has obtained BIS Certification for "Morpholine" from the Bureau of Indian Standards. (Positive)

*InfoBeans Technologies:* Company has partnered with Agenio Gmbh, to enhance delivery efficiency and strengthen capabilities in the ServiceNow ecosystem (Positive)

*Ajmera Realty:* Keystone Realtors to acquire 50% stake in Ajmera Realty unit Ajmera Luxe Realty (Positive)

*Intellect Design:* Company to set-up a unit (branch office) in GIFT City SEZ. (Positive)

*Adani Ent:* Adani Group in accord with Maharashtra for ₹50,000 crore investment to set up 1 GW Hyperscale Data Infrastructure. (Positive)

*BEL:* Company received additional orders worth Rs 1034.31 crore (Positive)

*Zaggle:* Company signs contract worth Rs 200 crore with Torrent Gas. (Positive)

*M&M:* Mahindra Aerostructures expands partnership with Airbus. (Positive)

*Welspun Corp:* Company wins order worth of Rs 3000 crore. (Positive)

*Sobha:* Company’s Board to consider fund raising via right issue. (Positive)

*Persistent:* Board may consider a proposal of sub-division/split of the existing equity shares (Positive)

*JSW Energy:* JSW Neo Energy has announced setting up a pumped storage project with a generation capacity of 1,500 MW, at a cost of ₹9,000 crore in Telangana (Positive)

*Sun Pharma:* Company to acquire remaining outstanding shares of Taro for ₹2,891 crore (Positive)

*Jindal Saw:* Nippon India MF bought 10 Lakh Shares, BNP Paribas bought 4 Lakh Shares in large trade (Positive)

*Zydus Life:* Company received USFDA approval for PIMAVANSERIN capsules (Positive)

*Samvardhana Motherson:*SMISL enters into an agreement with BIEL Crystal, Singapore (Positive)

*Minda Corp:* Company sells 15.7% stake (1.91 crore equity) in Pricol at ₹343.60/Share (Neutral)

*LTIM:* EBIT at Rs 1,385.9 cr Vs poll of Rs 1,418 cr, Revenues at Rs 9017 versus poll of Rs 9020 cr (Neutral)

*Nazara Technologies:* Company to raise funds up to ₹250 crore by issuance of 28.66 lakh equity shares at ₹872.15/share. (Neutral)

*Indiabulls Housing:* Company approves raising up to Rs 5,000 crore via equity issue. (Neutral)

*Speciality Restaurants:* Q3 cons PAT at Rs.13.8 cr vs Rs.15.4 cr, down 10.1% YoY. (Neutral)

*NMDC:* Sources Say Indian Govt rejects proposal for iron ore exports to China (Neutral)

*Anant Raj:* Board meet today to consider and approve issue price for QIP (Neutral)

*Cantabil:* Board meet today to consider Fund Raising via Preferential Issue (Neutral)

*Shakti Pumps:* Board meet today to consider Fund Raising Via Preferential Issue or QIP, etc (Neutral)

*Happiest Minds:* Q3 cons PAT at Rs.59.6 cr vs Rs.58.4 cr, up 2.1% QoQ (Neutral)

*Alok Industries:* Net loss at Rs 229.2 crore versus loss of Rs 249.83 crore. Revenue fell by 27 percent to Rs 1,253 crore in Q3FY24 YoY. (Neutral)

*NHPC:* Government to sell 3.5% stake in NHPC at ₹66/share via offer for sale (OFS) on January 18 & 19, 2024 (Neutral)

*HDFC Bank:* US-listed ADR shares shed another 9%, drop to the lowest since July 2022

*ICICI Pru:* APE At ₹1,907 Cr Vs Poll Of ₹2,395 Cr, VNB margin at 22.9% vs poll of 28.6%.

*News Headlines from Business News Agencies:*

*Business Standard*

📝 Govt may earmark Rs 4 trillion for next year's food, fertiliser subsidies
📝 Apple expands India presence, opens office covering 15 floors in Bengaluru
📝 Lentra to speed up loan processing using AI tech, aims to double business
📝 L&T Construction wins contracts for housing, hotel projects in India, Oman
📝 Sun Pharma, Bayer partner for diabetes-linked kidney disease medicine
📝 PM of India inaugurates projects worth Rs 4,000 cr in Kochi, lists work for ports
📝 Google inks agreement with NPCI to expand UPI for international payments
📝 Karnataka signs investment deals worth Rs 22,000 cr at Davos summit
📝 FY24 per capita income growth may be lowest in 21 years barring FY20, FY21
📝 Telangana signs deals worth Rs 12,400 cr with Adani Group at Davos summit
📝 30% districts saw high number of rain-deficit yrs in 4 decades: CEEW study
📝 Bond index inclusion soon: Govt may opt for longer-term G-secs in FY25

*Economic Times*

📝 JSW to invest Rs 9,000 cr for setting up 1500 MW pumped storage project in Telangana
📝 Web Werks to set up Rs 20,000 crore data centre park in Bengaluru
📝 IIT-Madras partners with Altair to launch e-mobility simulation lab
📝 StanChart sees Indian government's net borrowing unchanged in FY25
📝 1.5 Lakh bus passengers can travel to Ayodhya per day: redBus
📝 India to pay incentives worth $1.32 billion under manufacturing scheme this year
📝 CredAble, Aditya Birla Finance Limited announce financing solutions for MSMEs
📝 Acko appoints Mallesh Bommanahal as chief data scientist
📝 Aragen Life Sciences to invest Rs 2,000 cr for expansion of facility in Hyderabad
📝 Jio Financial Services launches rental services for laptops, phones, airfiber and other tech devices
📝 Tata Motors expects industry EV sales growth in India to moderate to 40-45 pc this year
📝 GDP growth in most countries neither sustainable, not inclusive: WEF study

*Mint*

📝 Life insurance sector registers 44% surge in new business premium
📝 Asian Paints Q3 Results: Net profit rises 34% to ₹1,475 crore, revenue up 5%
📝 LIC overtakes SBI to become the most valuable PSU: mcap touches 5.8 lakh Crore
📝 LTIMindtree Q3 Results: Net profit rises 17% to ₹1,169 crore, revenue up 5%
📝 BP appoints interim boss Murray Auchincloss as permanent CEO
📝 ‘India today deserves a much more serious look’: Shaktikanta Das at Davos WEF
📝 Tata Punch EV launched in India at ₹11 lakhs;
📝 Jio Financial tweaks plans after RBI move on unsecured lending
📝 Intellect Design Arena to set-up a unit (branch office) in GIFT City SEZ
📝 PSP Projects emerges as lowest bidder for project worth ₹631 cr from RVNL
📝 Steel Strips Q3: Net Profit up 36% at ₹59.4 cr
📝 Alteria Capital eyes up to $100 mn fundraise for Shorter Duration Fund

@AlliesFin

The stock market is inspiring not because it rises and falls, but because "it never fails to rise again" 📈

1 Condition,
Markets or Indices will rise but for your Portfolio to rise you need to work on it as in every Bull Run the Bull Changes.

Stay tuned for updates
T.me/AlliesFin
👍✌️😊

INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 18-01-2024 :

T.me/AlliesFin

*FIIS F & O : RS. CRS. :*

*TOTAL NET SELL : -49358* 😭😭

*INDEX FUT. : -2508*

*INDEX OPT. : -45354*

*STOCK FUT. : -1873*

*STOCK OPT. : +378*

*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 18-JAN-2024 :*

*FIIS : SELL -9,902 (14,935-24,937)* 😭

*DIIS : BUY +5,977 (15,638-9,661)* 😃

*BSE SENSEX : -314 (71,187)🔽*

*NSE NIFTY : -110 (21,462)🔽*

*BSE MIDCAP. : -28 (37,569)*🔽

*BSE SMLCAP. : +09 (43,973)*🔼

*B. CRUDE : $ 78.16* 🔼 😥

*GOLD: $ 2,009=INR 62,000(10gr)*🔽😥

*SILVER : RS. 75,800 (kg)(5pm)*🔽😥

*FOREX : RS. $ 83.12 🔽 ☺️*

*7.18% GOI '33: 7.1774%(100.01)🔼☺️*

*7.18% GOI '37: 7.2897% (99.0650)🔼☺️*

*SEC. IN F&O BAN FOR, 19-JAN-24 :*

*1. ABFRL 2. ASHOKLEY 3. BALRAMCHIN 4. BANDHANBNK 5. DELTACORP 6. HINDCOPPER 7. IEX 8. METROPOLIS 9. NATIONALUM 10. POLYCAB 11. PVRINOX 12. SAIL 13. ZEEL*

*ADDITION : BALRAMCHIN*
*DELETION : CHAMBLFERT*

*News Headlines from Business News Agencies :*

*Business Standard :*

📝 India must sustain growth momentum, secure at least 7% growth in FY25: RBI

📝 IndusInd Bank Q3 results: Net profit rises 17.3% to Rs 2,298 crore

📝 South Indian Bank posts almost two-fold rise in Q3 profit at Rs 305.36 cr

📝 Ashok Leyland to make 1225 buses for Karnataka state transport undertakings

📝 Battery maker IBC raises $35 mn to fund manufacturing expansion in India

📝 UP raises state price for sugarcane by Rs 20 per quintal for 2023-24 season

📝 Sun Pharma to acquire remaining stake in Israeli firm Taro for Rs 2,982 cr

📝 36% of taxpayers move from lower to higher income tax bracket during FY14-FY22

📝 Pvt hospitals projected to add 30,000 beds over next 5 yrs: ICRA

📝 Welspun Corp's associate arm EPIC bags Rs 3,000 cr orders in Saudi Arabia

📝 Haldiram's seeks to buy Indian chips maker Prataap Snacks

📝 Tata Technologies to invest $1.8 bn in Telangana to set up skilling centres


*Economic Times :*

📝 Commerce ministry to launch portal to provide info for aspiring exporters

📝 India far better placed to deal with geopolitical challenges, says Shaktikanta Das

📝 Airbus to double procurement from India to $1.5 billion

📝 AB InBev keen to invest Rs 400 crore for expanding brewery operations in Karnataka

📝 Cabinet approves India-Europe initial pact to boost semiconductor sector

📝 Cabinet approves Coal India power projects through JVs

📝 Ajmera Realty, Rustomjee JV to undertake Rs 760-cr redevelopment project in Mumbai’s Bandra

📝 Cabinet approves creation of posts for 16th Finance Commission

📝 Air passenger traffic in India expected to reach 300 million by 2030

📝 Alt Mobility raises $6 million in funding to scale up operations

📝 EU drafts plan to zero out industry's carbon footprint by 2050

📝 HDFC Bank seeks Singapore bank license to grow overseas


*Mint :*

📝 Polycab Q3 result: PAT rises 15.3% YoY to ₹416 crore, revenue jumps by 17% YoY

📝 China's commercial real estate market attracts bargain hunters as prices plummet

📝 Aviation regulators slap ₹2.7 crore penalties on three airlines, Mumbai airport

📝 Govt yet to decide on lower import taxes on EVs as local cos resist Tesla

📝 Govt lifts ban on plying of BS-III petrol, BS-IV diesel four-wheelers

📝 India's Nuclear Power Corporation to commission new reactor every year

📝 PLI scheme spurs Rs 1.03 trillion investment; boosts exports, jobs

📝 Fertiliser subsidy bill likely to be within FY24 BE: Minister Mandaviya

📝 HAL to showcase indigenous civil aircraft at Wings India 2024 air show

📝 Google Pay signs agreement to expand UPI for international payments

📝 Karnataka signs investment deals worth Rs 22,000 cr at Davos summit

📝 Imports of medical devices rise 21% till October to Rs 61,262.84 cr

📝 L&T Construction wins contracts for housing, hotel projects in India, Oman

T.me/AlliesFin

🇮🇳India Daybook Stocks in News

T.me/AlliesFin

*Lupin:* Company gets US FDA approval For Febuxostat Tablets that are used for the chronic management of hyperuricemia (Positive)

*Coal India:* Company’s units get cabinet nod for equity investment in thermal power plants. (Positive)

*Power Finance Corporation:* Company incorporates two SPVs for developing transmission projects in Gujarat and Rajasthan. (Positive)

*Indian Bank:* Gets RBI approval for setting up a new wholly-owned operations support subsidiary (Positive)

*Mahindra Holidays:* Company to invest Rs 800 crore in Tamil Nadu to build three Greenfield resorts. (Positive)

*Aether Industries:* Company and collaborates with Novoloop for setting up pilot plant in Hojiwala industrial estate in Gujarat. (Positive)

*Poonawalla:* Net Profit up 76.3% at ₹265.1 Cr Vs ₹150.4 Cr, Revenue up 52.1% at ₹762.6 Cr Vs ₹501.4 Cr (YoY) (Positive)

*Shalby:* Company to acquire 87.26% stake in PK Healthcare for Rs 102 crore. (Positive)

*Dynamatic Tech:* Company signs long-term contract with Dassault Aviation (Positive)

*REC:* Company designated as the overall implementation agency for rooftop solar program of the Renewable Energy Ministry. (Positive)

*Supreme Petrochem:* Company has acquired 96.35 acres of land in Haryana to establish new plants for manufacturing Polystyrene and Expandable Polystyrene. (Positive)

*Uttam Sugar:* Company has increased its "Distillery Capacity (Ethanol)" from 150 KLPD to 250 KLPD at the Barkatpur plant. (Positive)

*Ujjivan:* Big Bull Investor Dolly Khanna Enters With 1.13% Stake as per Latest Share Holding Pattern (Positive)

*Hindustan Adhesives:* Investor Ashish Chugh & Associates name appears in Hindustan Adhesives Ltd. With 1.02% (Positive)

*Sanghi Ind:* Rajasthan Global Securities bought 2,215,580 @ Rs. 121.00 of Sanghi Industries Ltd. (Positive)

*Home First Finance:* Company had a strong Q3 FY24 with Rs 1000 Crs disbursement milestone, 29.1% y-o-y growth. (Positive)

*Innova Captab:* Rev at Rs.283 cr vs 242.2cr, up16.8%. EBITDA 40.5cr vs 31cr, up 30.6% (Positive)

*EMS Limited:* Company has emerged as the L1 in a tender at Vikas Nagar, Dehradun, Uttarakhand, with an estimated order value of approximately Rs. 478.93 Crores (Positive)

*Shoppers Stop:* Net profit down 41.2% at ₹36.7 cr vs ₹62.7 cr, Revenue up 8.8% at ₹1,237.5 cr vs ₹1,137.1 cr (YoY) (Neutral)

*Bandhan Bank:* RBI approves appointment of Rajinder Kumar Babbar as whole-time director of the bank (Neutral)

*Indusind Bank:* NII at Rs 5295.0 crore versus Poll of Rs 5237.0 crore, Net Profit at Rs 2301.0 crore versus Poll of Rs 2296.0 crore. (Neutral)

*Wipro:* Company to acquire 14% stake in Huoban Energy 11 for enhancing renewable energy usage. (Neutral)

*SBIN:* Bank raises Rs 5,000 crore through 10-year AT-1 bonds. (Neutral)

*NMDC:* Sources Say Indian Govt rejects proposal for iron ore exports to China (Neutral)

*Metro Brands:* Q3 FY24 cons PAT at Rs.97.8 cr vs Rs.112 cr, down 12.6% YoY (Neutral)

*Dixon:* Company reported a search by the Directorate of Revenue Intelligence at a subsidiary's manufacturing facility