Economic Times



Business Standard

Ø E-comm policy, data localisation figure in Indo-US meet

Ø Trade war would be 'bad for the world': Buffett

Ø Bharti Airtel posts surprise Q4 profit of Rs 107 crore

Ø L&T buys Rs 113 cr Mindtree shares in open mkt

Ø ICICI Bank Q4 profit drops 5% to Rs 969 crore

Ø Jaypee Infra lenders to mull NBCC revised bid



Ø Policy to boost exports on anvil as trade deficit hits new high of $176 bn

Ø State-owned discoms' debt set to rise to pre-Uday levels of Rs 2.6 trn

Ø Forgers are forcing $9-trillion global trade financing into digital age

Ø Govt cannot ensure cheaper oil to India, says US commerce secretary

Ø HDFC Bank board may go for splitting stock into two later this month

Business Line



Mint

Ø Wockhardt Q4 net loss narrows to Rs 14.47 cr

Ø Industry bodies list key issues for GST Council meet next month

Ø Gujarat Gas net jumps 77% in March quarter

Ø PFS reports Q4 net profits at Rs 36.76 crore

Ø Liquidation process for ABG Shipyard commences

Ø Medlife acquires Bengaluru-based Myra Medicines



Ø NRIs can remit up to $1 mn from sale of property in India

Ø Investor wealth erodes by ₹1.24 lakh cr as markets plunge

Ø Finance Commission to meet RBI governor, bank officials during Mumbai visit

Ø ICICI Bank: Asset quality improves but trend in slippages, provisions key

Ø UK entrepreneur says SBI allows him to bid for Jet Airways

Financial Express



Deccan Chronicle

Ø Mastercard commits $1 bn investment in India in next 5 yrs; to develop India as global tech node

Ø Anand Piramal, Kris Gopalakrishnan, Accel Partners, others pouring $74 million in Mukesh Bansal’s CureFit

Ø China gives modest boost to economy with RRR cut amid renewed trade tensions

Ø India’s services sector output growth at 7-month low in April: PMI



Ø Sensex slumps 363 pts as US-China trade talks derail

Ø End-user IT spending in India to reach USD 15 bn in 2019: Report

Ø Sun Pharmaceutical eyes Chinese market

Ø Over 100 US cos visiting India to explore business opportunities

*SGX Nifty +36 pts (11688) from last trade 11652 ,*


Nikkei -229 pts ,
Hangseng +103 pts ,
Now @7.09am .


Dow -66.47 pts ,Nsdq -40.77 pts , S&P -13.77 pts , Bovespa -999 pts , Ftse Clsd , Dax -125 pts , Cac -65 pts , Crude @ $62.29 brl (+0.04), Brent @ $71.24 brl (-0.00) , Gold @ 1284.20 (+0.39), Silver @ $14.94 (+0.01), Euro @ $1.1201 JPY @ $110.73, INR @ 69.415





*Today's Corporate Action*
7th May Ex Date



HEXAWARE
Interim Dividend - Rs. - 2.5000
IBULHSGFIN
Interim Dividend - Rs. - 10.0000
INFRATEL
Interim Dividend - Rs. - 7.5000
ORIENTTR
Stock Split From Rs.10/- to Rs.2/-





*Today's Key Result*
NET PROFIT ESTIMATES
7th May




VEDL ( Cons 1506 Cr -69% Yoy Res After Mkt)
ABB ( 90 Cr +12 % Yoy )
Escorts ( 132 Cr 18 % Yoy Res During Mkt)
Source Cogencis





*Today's Board Meetings*



May 7

 

3I Infotech Ltd, earnings for quarter ended March.

Abb India Ltd, earnings for quarter ended March.

Avantel Ltd, earnings for quarter ended March and dividend.

Brigade Enterprises Ltd, earnings for quarter ended March and dividend.

BSE Ltd, earnings for quarter ended March, dividend & buyback of equity shares.

CEAT Ltd, earnings for quarter ended March and dividend.

Chemfab Alkalis Ltd, earnings for quarter ended March and dividend.

Eimco Elecon India Ltd, earnings for quarter ended March, dividend and to consider fund raising.

Elantas Beck India Ltd, earnings for quarter ended March.

Elecon Engineering Co Ltd, earnings for quarter ended March and dividend. 

EMA India  Ltd, earnings for quarter ended March.

Escorts Ltd, earnings for quarter ended March and dividend.

Essel Propack Ltd, earnings for quarter ended March and dividend.

Globus Spirits Ltd, earnings for quarter ended March and dividend. 

Gujarat Borosil Ltd, earnings for quarter ended March.

Hester Biosciences  Ltd, earnings for quarter ended March and dividend.

Jl Morison India Ltd, earnings for quarter ended March and dividend.

Jyothy Laboratories  Ltd, earnings for quarter ended March and dividend.

Kaya Ltd, earnings for quarter ended March.

Mahindra Logistics Ltd, earnings for quarter ended March and dividend.

Maral Overseas Ltd, earnings for quarter ended March.

Piramal Phytocare Ltd, earnings for quarter ended March.

Rashtriya Chemicals & Fertilizers Ltd, earnings for quarter ended March and dividend.

Sanofi India Ltd, earnings for quarter ended March.

Shyam Century Ferrous  Ltd, earnings for quarter ended March.

Star Cement  Ltd, earnings for quarter ended March.

Sun Pharma Advanced Research Co Ltd, earnings for quarter ended March.

Supreme Industries Ltd, earnings for quarter ended March and dividend.

TCFC Finance  Ltd, earnings for quarter ended March and dividend.

Vedanta Ltd, earnings for quarter ended March.

Vip Industries Ltd, earnings for quarter ended March and dividend.

Zenith Birla India Ltd, earnings for quarter ended March.

 


 
*Today's Data Alert*



May 7    : TERM REPO RENDER: One set of 14-day variable rate term repo for
245 bln rupees. Bids to be submitted between 1100 and 1130 IST.


May 7    : STATE LOAN AUCTION: Five states to raise 55 bln rupees via bond sale.

@ALLIESFIN :

#AKSHAYTRITIYA KI HARDIK SHUBH KAMNAYE.
https://t.me/AlliesFin/6916

#STOCKLENDING #ALLIESFIN

#JUNE #2019 #SERIES #RS #PER #SHARE

#JETAIRWAYS RS 34
#VODAFONEIDEA RS 0.30
#PCJEWELLERS RS 5
#TVSMOTORS RS 8
#PIRAMALENTERPRISE RS 30

OFFERS VALID TILL DEMAND LASTS.
@ALLIESFIN
MAKE YOUR #IDLE #PORTFOLIO #STOCKS WORK FOR YOU.

FOR MORE DETAILS CONTACT
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*SGX Nifty -68 pts (11475) from last trade 11543 ,*


Nikkei -301 pts ,
Hangseng -376 pts ,
Now @6.52am .


Dow -473.39 pts ,Nsdq -159.53 pts , S&P -48.42 pts , Bovespa -619 pts , Ftse -120 pts , Dax -194 pts , Cac -87 pts , Crude @ $61.56 brl (+0.16), Brent @ $69.88 brl (-0.00) , Gold @ 1285.80 (+0.20), Silver @ $14.92 (+0.00), Euro @ $1.1189, JPY @ $110.25, INR @69.625


*🔹US GOVT. 10-YEAR YIELD : 2.46%*


*Today's Corporate Action 8th May Ex Date :*

IBVENTURES
Interim Dividend - Rs. - 1.0000
LINDEINDIA
Dividend - Rs. - 1.5000


*Today's Key Result NET PROFIT ESTIMATES 8th May :*

Titan ( 392 Cr +39 % Yoy Res After Mkt)
P&G ( 92 Cr +12% Yoy)
Shriram Transport ( Cons 624 Cr +332% Yoy Res During Mkt )
Source Cogencis


*Today's Board Meetings :*


Abhijit Trading Company Ltd, earnings for quarter ended March.

Alembic Pharmaceuticals Ltd, earnings for quarter ended March and dividend.

Alstone Textiles (India) Ltd, earnings for quarter ended March.

Artemis Global Life Science Ltd, earnings for quarter ended March.

Artson Engineering Ltd, earnings for quarter ended March.

Axiscades Engineering Technologies Ltd, earnings for quarter ended March.

Chennai Petroleum Corp Ltd, earnings for quarter ended March and dividend, earning postponed from May 8.

Creditaccess Grameen Ltd, earnings for quarter ended March.

Dhanlaxmi Bank  Ltd, earnings for quarter ended March.

Diamines & Chemicals Ltd, earnings for quarter ended March and dividend.

Dishman Carbogen Amcis Ltd, earnings for quarter ended March and dividend.

Eid Parry India Ltd, earnings for quarter ended March.

Emami Paper Mills  Ltd, earnings for quarter ended March and dividend.

Gillette India Ltd, earnings for quarter ended March.

GKW Ltd, earnings for quarter ended March.

Harita Seating Systems Ltd, earnings for quarter ended March.

Indraprastha Medical Corp Ltd, earnings for quarter ended March and dividend.

International Combustion India Ltd, earnings for quarter ended March and dividend.

JK Paper  Ltd, earnings for quarter ended March and dividend.

JMC Projects (India) Ltd, earnings for quarter ended March and dividend.

JSW Holdings Ltd, earnings for quarter ended March.

Kec International Ltd, earnings for quarter ended March and dividend.

Kokuyo Camlin Ltd, earnings for quarter ended March and dividend.

Kopran Ltd, earnings for quarter ended March.

KSB  Ltd, earnings for quarter ended March.

Mas Financial Services Ltd, earnings for quarter ended March and dividend.

Morarjee Textiles Ltd, earnings for quarter ended March.

Pranavaditya Spinning Mills Ltd, earnings for quarter ended March.

Procter Gamble Hygiene & Health Care Ltd, earnings for quarter ended March.

Rain Industries Ltd, earnings for quarter ended March.

Saregama India Ltd, earnings for quarter ended March and dividend.

Satin Creditcare Network Ltd, earnings for quarter ended March and dividend.

Sharp India  Ltd, earnings for quarter ended March.

Shree Renuka Sugars Ltd, earnings for quarter ended March.

Shri Niwas Leasing And Finance Ltd, earnings for quarter ended March.

Shriram Asset Management Company Ltd, earnings for quarter ended March.

Shriram Transport Finance Co Ltd, earnings for quarter ended March and dividend.

Simplex Mills Co Ltd, earnings for quarter ended March.

Simplex Papers Ltd, earnings for quarter ended March.

Simplex Realty Ltd, earnings for quarter ended March.

Srikalahasthi Pipes Ltd, earnings for quarter ended March.

Tata Communications Ltd, earnings for quarter ended March and dividend.

Titan Co Ltd, earnings for quarter ended March and dividend.

Trinity League India Ltd, earnings for quarter ended March.

Uttam Value Steels Ltd, earnings for quarter ended March, earning postpone from 19 Apr.

Vertex Securities Ltd, earnings for quarter ended March.


*Today's Data Alert :*

May 8    : T-BILL AUCTION: RBI to auction 91-day T-bills worth 90 bln rupees, 182-day T-bills worth 70 bln rupees and 364-day T-bills worth 40 bln rupees

*🔹Business Standard :*


Ø Oil imports from Iran down 57% y/y in April: Trade

Ø US commerce secy warns India against retaliatory tariffs

Ø Airtel to merge VSAT ops with Hughes India unit

Ø NCLT begins bankruptcy process for RCom

Ø Essar shareholder seeks ban on Mittal's bid

Ø India IT & biz market to reach $14.3 bn by 2020: IDC

Ø Wipro builds blockchain digital currency in Thailand

Ø Kerosene subsidy bill builds up 21% to Rs 5,800 cr in FY19; LPG jumps 49.4%

Ø Alembic Pharma forms JV to enter a difficult $100 bn Chinese market

Ø Zee stake sale at advanced stage, progressing steadily: Essel Group

Ø Vedanta Q4 PAT at Rs 2,615 cr, down 34% yoy on Tuticorin plant shutdown

Ø Jalan panel to hold 2 more meets before final report on RBI capital size

Business Line


*Mint :*


Ø With $41-billion borrowing, ECBs hit five-year high in 18-19

Ø Hindalco in consortium to promote use of aluminium cans for beverages

Ø Mahindra Logistics Q4 PAT rises 14.5 per cent

Ø Porsche fined 535 million euros over diesel emission cheating

Ø Merck Ltd renamed as Procter & Gamble Health Ltd

Ø ONGC reaffirms strong financials post HPCL takeover

Ø Moderate demand dampens Q4 results for FMCG firms

Ø DCB Bank expects to double balance sheet in next four years

Ø Yes Bank acquires eight crore pledged shares of CG Power

Ø Escorts Q4 net profit up 8% at ₹121 crore

Ø Saudi Aramco said to give extra oil to Asian buyers

Ø Piramal, CPPIB in tie-up for India’s 1st renewables InvIT

Financial Express


*Deccan Chronicle :*


Ø Centrum’s PE Fund invests Rs 15 cr in Ayurveda Experience, Dunzo

Ø BSE Q4 net profit drops 16.46 pc to Rs 51.86 crore

Ø RBI’s holding company model for banks will help contain NPAs, says Charan Singh

Ø IMF chief Christine Lagarde says US-China tensions ‘threat’ to world

Ø Rupee slips to 69.43 against US dollar

Ø Multifold increase in investments in B2B startups

Ø Reserve Bank of India plans more forex swaps, cash injection

Ø NBCC offers just Rs 20 crore to operational creditors

LISTING OF NEOGEN CHEMICALS TODAY

BSE SCRIPCODE : 542665
NSE SYMBOL : NEOGEN
GROUP "T"

SCRIP WILL BE LISTED IN T2T GROUP. PLEASE DO NOT DO INTRADAY TRADING IN THE SCRIP.

Shadow of shadow lenders still looming..

https://bloom.bg/2DWCsa9

#STOCKLENDING #ALLIESFIN

#JUNE #2019 #SERIES #RS #PER #SHARE

#JETAIRWAYS RS 21
#PCJEWELLERS RS 5
#TVSMOTORS RS 10
#VOLTAS RS 5
#CGPOWER @ 0.25

OFFERS VALID TILL DEMAND LASTS.
@ALLIESFIN
MAKE YOUR #IDLE #PORTFOLIO #STOCKS WORK FOR YOU.

FOR MORE DETAILS CONTACT
@AXITDSHAH +919869958999

#STOCKLENDING
OFFERS FOR 08 MAY 19,
UPDATED ON
https://t.me/AlliesFin/6923

OPEN YOUR STOCK LENDING ACCOUNT AND START EARNINGs ON STOCKS LYING IDLE IN PORTFOLIO's.

FOR MORE DETAILS WRITE US AT
https://T.me/AxitDShah
Mobile +919869958999
✨

NEW IPO APPLICATION PROCESS

https://www.npci.org.in/upi-live-ipo

8/5/2019
BSE:-487(37789)
NSE:-138(11359)
MID:-139(14383)
SML:-172(14129)
Fll|FPI:-701Cr
DlI:+232Cr
B.Crude$:69
Gold$:1290=INR:31912
Silver:37629
Rs/$: 69.71
New 7.26 2029 G-Sec: 7.37
NSE PE: 28.38

Economic Times
 
Business Standard

Ø   
Ø  US to raise duty on $200 bln worth Of Chinese imports
Ø  RBI allows banks to treat IL&FS expsoure as NPAs
Ø  India to add 11.5L jobs in first half of FY20: Report
Ø  RBI warns of more fiscal slippages by states
Ø  Saudi Aramco offers to increase oil supply to India
Ø  Stability will return to telecom mkt by Q4 FY20: COAI

 
Ø  India's domestic passenger market falls to 3.1% in March, says IATA
Ø  Four-fold rise in total solar capacity but rooftop meets just 10% of target
Ø  Lenders set to realise Rs 80,000 cr from insolvency process in FY20: Icra
Ø  Sebi allows foreign portfolio investors to invest in municipal bonds
Ø  Lupin gets govt nod for more time to complete project in Indore SEZ
Business Line
 
Mint
Ø  Vodafone’s merger with TPG Telecom blocked by Australian regulators
Ø  Home buyers have no say in choice of GST rate: FinMin
Ø  Titan Q4 net up 14% at Rs 348 cr
Ø  McLeod Russel’s short-term rating downgraded
Ø  Brigade Enterprises posts ₹72-cr profit
Ø  Zee Entertainment set to announce Q4 results on May 27
 
Ø  RBI withdraws circular that asked banks to disclose IL&FS exposure, provisions
Ø  CCI approves General Atlantic's 6.5% stake buy in PNB Housing Finance
Ø  SC seeks Centre's reply on Essar Power plea to surrender coal block
Ø  IRCTC draft RHP likely to be filed with Sebi next month
Ø  Tata Communications losses widen to ₹199 cr in Q4 FY19
Financial Express
 
Deccan Chronicle
Ø  PNB-scam accused Nirav Modi denied bail by UK court for third time
Ø  IndiGo awaiting approvals to enter China
Ø  Chotia coal block output to reach one MTPA in near term: Vedanta
Ø  Japan’s Softbank to spend $4 billion to hike stake in Yahoo
Ø  China’s investment in US drops 83 per cent amid growing mistrust
 
Ø  Sensex plummets 487 pts to close below 38,000-mark
Ø  Crude oil futures gain 1.13 pc on firm cues
Ø  Zee stake sale at advanced stage, progressing steadily: Essel Group
Ø  Lupin gets more time from govt to complete project in Indore SEZ

*🔹Mkt. Updates :*

*SGX Nifty -33 pts (11387) from last trade 11420 ,*

Nikkei -201 pts ,
Hangseng -164 pts ,
Now @6.55am .

Dow +2.24 pts ,Nsdq -20.44 pts , S&P -4.63 pts , Bovespa +1207 pts , Ftse +10 pts , Dax +87 pts , Cac +21 pts , Crude @ $62.03 brl (-0.03), Brent @ $70.37 brl (-0.00) , Gold @ 1282.10 (+0.70), Silver @ $14.86 (-0.01), Euro @ $1.1196, JPY @ $110.00, INR @ 69.715


*🔹US GOVT. 10-YEAR YIELD : 2.46%*


*Today's Corporate Action 9th May Ex Date :*

CASTROLIND
Final Dividend - Rs. - 2.7500
ECLERX
Buy Back of Shares
HATSUN
Interim Dividend - Rs. - 2.0000
ISHANCH
Right Issue of Equity Shares
MOLDTKPAC
Interim Dividend - Rs. - 2.0000
RNAM
Interim Dividend - Rs. - 3.0000


*Today's Key Result NET PROFIT ESTIMATES 9th May :*


Asian Paint ( Cons 587 Cr +22 % Yoy Res During Mkt)
Hcl Tech ( Cons 2558 Cr +15 % Yoy Res After Mkt)
Appolo Tyre ( Cons 218 Cr -12% Yoy Res During Mkt)
Gspl ( 193 Cr +23% Yoy )
Mahanagar Gas ( 152 Cr +46 % Yoy Res After Mkt )
Oracle Fin ( Cons 330 Cr +40% Yoy Res After Mkt)
Pnb Housing ( 266 Cr +21% Yoy)
Voltas ( Cons 180 Cr -6% Yoy Res After Mkt )
Source Cogencis


*Today's Board Meetings May 9 :*

Apollo Tyres Ltd, earnings for quarter ended March and dividend.

Asian Paints Ltd, earnings for quarter ended March and dividend.

Astra Microwave Products  Ltd, earnings for quarter ended March and
dividend.

Baba Arts Ltd, earnings for quarter ended March.

Centenial Surgical Suture Ltd, earnings for quarter ended March.

Cineline India Ltd, earnings for quarter ended March and dividend.

Cybertech Systems & Software Ltd, earnings for quarter ended March and
dividend.

Dai Ichi Karkaria Ltd, earnings for quarter ended March and dividend.

Dalmia Bharat Ltd, earnings for quarter ended March and dividend.

Datamatics Global Services Ltd, earnings for quarter ended March and
dividend is postponed from 30 Apr.

De Nora India Ltd, earnings for quarter ended March and dividend.

Esab India Ltd, earnings for quarter ended March and dividend.

Fairchem Speciality  Ltd, earnings for quarter ended March and dividend.

Gala Global Products  Ltd, earnings for quarter ended March.

Gayatri Sugars Ltd, earnings for quarter ended March.

Granules India Ltd, earnings for quarter ended March and dividend.

Grovy India Ltd, earnings for quarter ended March and dividend.

Gtl Infrastructure Ltd, earnings for quarter ended March.

Gujarat Mineral Development Corp  Ltd, earnings for quarter ended March and
dividend.

Gujarat State Petronet  Ltd, earnings for quarter ended March and dividend.

HCL Technologies Ltd, earnings for quarter ended March and dividend.

Hikal Ltd, earnings for quarter ended March and dividend.

Hinduja Ventures Ltd, earnings for quarter ended March and dividend.

Hindustan Construction Co Ltd, earnings for quarter ended March.

Hindustan Media Ventures Ltd, earnings for quarter ended March and dividend.

Huhtamaki Ppl Ltd, earnings for quarter ended March.

Icra Ltd, earnings for quarter ended March and dividend.

Indian Overseas Bank , to consider proposal of raising of capital and
earnings for quarter ended March and dividend.

Inspirisys Solutions Limited, to consider allotment of equity shares and
earnings for quarter ended March.

Kalpataru Power Transmission  Ltd, earnings for quarter ended March and
dividend.

Khaitan Chemicals & Fertilizers Ltd, earnings for quarter ended March and
dividend.

Mahanagar Gas Ltd, earnings for quarter ended March and dividend.

Mangalam Drugs & Organics Ltd, earnings for quarter ended March.

Manorama Industries Ltd , earnings for quarter ended March.

Matrimony.Com Ltd, earnings for quarter ended March and dividend.

Mcdowell Holdings Ltd, earnings for quarter ended March.

MT Educare Ltd , earnings for quarter ended March.

NHC Foods Ltd, earnings for quarter ended March.

Nitta Gelatin India Ltd, earnings for quarter ended March and dividend,
earning postponed from

Oracle Financial Services Software Ltd, earnings for quarter ended March and
dividend.

Plastiblends India Ltd, earnings for quarter ended March and dividend.

PNB Hous

ing Finance Ltd, earnings for quarter ended March and dividend.

PTL Enterprises Ltd, earnings for quarter ended March and dividend.

Saint Gobain Sekurit India Ltd, earnings for quarter ended March.

Satia Industries Ltd, to consider sub-division of equity shares and earnings
for quarter ended March and dividend.

Shankara Building Products Ltd, earnings for quarter ended March and
dividend.

Solar Industries India Ltd, earnings for quarter ended March and dividend.

South Indian Bank Ltd, earnings for quarter ended March and dividend.

Stovec Industries Ltd, earnings for quarter ended March.

Sundram Fasteners Ltd, earnings for quarter ended March and dividend.

Superior Finlease Ltd, earnings for quarter ended March and dividend.

Sutlej Textiles & Industries Ltd, earnings for quarter ended March, dividend
and to consider raising of funds by issue of equity shares.

Timex Group India Ltd, earnings for quarter ended March.

Vardhman Textiles Ltd, earnings for quarter ended March and dividend.

Varun Beverages Ltd, earnings for quarter ended March.

Voltas Ltd, earnings for quarter ended March and dividend.

9/5/2019
BSE:-230(37558)
NSE:-57(11301)
MID:-27(14355)
SML:-53(14076)
Fll|FPI:-655Cr
DlI:+677Cr
B.Crude$:70
Gold$:1281=INR:31815
Silver:37345
Rs/$: 69.94
New 7.26 2029 G-Sec: 7.39
NSE PE: 28.24

@AlliesFin : Nifty PE ratio chart.