ENDURANCE TECHNOLOGIES LIMITED:
COMMENCEMENT OF COMMERCIAL PRODUCTION AT AURIC SHENDRA PLANT;
MANUFACTURING ALUMINIUM DIE CASTING COMPONENTS FOR AUTOMOTIVE AND NON-AUTOMOTIVE SECTORS;
INITIAL CAPACITY OF 900 MT PER MONTH, EXPANDABLE TO 1,100 MT.
COMMENCEMENT OF COMMERCIAL PRODUCTION AT AURIC SHENDRA PLANT;
MANUFACTURING ALUMINIUM DIE CASTING COMPONENTS FOR AUTOMOTIVE AND NON-AUTOMOTIVE SECTORS;
INITIAL CAPACITY OF 900 MT PER MONTH, EXPANDABLE TO 1,100 MT.
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CNBCTV18 Sources Say Federal Bank-JanaSFB Deal Likely In Final Stages, May Be Announced Soon
πFederalBank Seen Acquiring Controlling Stake In JanaSFB
πFederal Bank-Jana SFB Deal May Be Done At 15-20% Prem To CMP Of Jana SFB
πAlert: As On June 30, Promoter Jana Holdings Held 16.9% In Jana SFB
πAlert: Promoter Divested 4.9% Stake In Q1FY27 & Intends To Further Monetise Stake
πAlert: Promoter To Seek Reclassification To Public Category Once Stake Falls <9.99%
πFederalBank Seen Acquiring Controlling Stake In JanaSFB
πFederal Bank-Jana SFB Deal May Be Done At 15-20% Prem To CMP Of Jana SFB
πAlert: As On June 30, Promoter Jana Holdings Held 16.9% In Jana SFB
πAlert: Promoter Divested 4.9% Stake In Q1FY27 & Intends To Further Monetise Stake
πAlert: Promoter To Seek Reclassification To Public Category Once Stake Falls <9.99%
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π¨ Tata Groupβs Largest Unlisted Companies ranked by FY26 Revenue :
1. Tata Electronics : βΉ1,31,082 Cr
2. Air India : βΉ71,870 Cr
3. Tata Sons : βΉ42,367 Cr
4. Tata AIA Life Insurance : βΉ37,275 Cr
5. Tata Digital : βΉ35,990 Cr
6. Tata AutoComp Systems : βΉ22,266 Cr
7. Tata Projects : βΉ16,623 Cr
8. Tata AIG General Insurance : βΉ15,014 Cr
9. Tata Advanced Systems : βΉ6,902 Cr
10. Tata International : βΉ5,712 Cr
1. Tata Electronics : βΉ1,31,082 Cr
2. Air India : βΉ71,870 Cr
3. Tata Sons : βΉ42,367 Cr
4. Tata AIA Life Insurance : βΉ37,275 Cr
5. Tata Digital : βΉ35,990 Cr
6. Tata AutoComp Systems : βΉ22,266 Cr
7. Tata Projects : βΉ16,623 Cr
8. Tata AIG General Insurance : βΉ15,014 Cr
9. Tata Advanced Systems : βΉ6,902 Cr
10. Tata International : βΉ5,712 Cr
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Bazaar.Updateπ
π¨ Tata Groupβs Largest Unlisted Companies ranked by FY26 Revenue : 1. Tata Electronics : βΉ1,31,082 Cr 2. Air India : βΉ71,870 Cr 3. Tata Sons : βΉ42,367 Cr 4. Tata AIA Life Insurance : βΉ37,275 Cr 5. Tata Digital : βΉ35,990 Cr 6. Tata AutoComp Systems :β¦
4 Tata Group's are in loss ππ
π΄ Loss-Making Companies FY26
1. Air India β βΉ22,238 Cr Loss
2. Tata Digital β βΉ4,974 Cr Loss
3. Tata Electronics β βΉ1,611 Cr Loss
4. Tata Projects β βΉ891 Cr Loss
π΄ Loss-Making Companies FY26
1. Air India β βΉ22,238 Cr Loss
2. Tata Digital β βΉ4,974 Cr Loss
3. Tata Electronics β βΉ1,611 Cr Loss
4. Tata Projects β βΉ891 Cr Loss
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Shanti Gold acquires 2.65lk shares in Ratnaveer Precision worth Rs 8.83cr
Treasury/Investment It Seems
Treasury/Investment It Seems
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INDIA ETHANOL INDUSTRY: SEVERE OVERSUPPLY
β’ Installed ethanol capacity: ~20 billion litres
β’ E20 blending requirement: ~11 billion litres
β’ Non-fuel sector demand: ~3β3.5 billion litres
β’ Excess capacity: ~7 billion litres
β’ Distillers are exploring ways to offload excess inventories.
β’ Oversupply could pressure ethanol realisations, margins and capacity utilisation.
Stocks in focus: SUGAR, BCL, GULSHAN, PRAJ
β’ Installed ethanol capacity: ~20 billion litres
β’ E20 blending requirement: ~11 billion litres
β’ Non-fuel sector demand: ~3β3.5 billion litres
β’ Excess capacity: ~7 billion litres
β’ Distillers are exploring ways to offload excess inventories.
β’ Oversupply could pressure ethanol realisations, margins and capacity utilisation.
Stocks in focus: SUGAR, BCL, GULSHAN, PRAJ
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Trump rejects Iranian proposal to open Hormuz and end fighting
US president says Tehran wants a deal 'because they have no money coming in'
US president says Tehran wants a deal 'because they have no money coming in'
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NESTLE INDIA SPOKESPERSON
Nestle India follows robust quality and food safety management systems across its manufacturing operations
Every product undergoes extensive checks at multiple stages, from sourcing of raw materials to final production, to ensure that products meet all quality, safety requirements before reaching consumers
Alert: Worms allegedly found in Maggi in Kalyan
Nestle India follows robust quality and food safety management systems across its manufacturing operations
Every product undergoes extensive checks at multiple stages, from sourcing of raw materials to final production, to ensure that products meet all quality, safety requirements before reaching consumers
Alert: Worms allegedly found in Maggi in Kalyan
TRUMP SAYS HE WILL DISCUSS AI WITH ANTHROPIC CEO AMODEI, SAYING ON THE MEETING 'LET'S GO, LET'S WIN', AND SAYS HE SPOKE WITH ZELENSKY AND TOLD HIM TO 'TAKE IT EASY' ON REFINERY STRIKES, BLAMING A DIESEL SHORTAGE ON UKRAINE STRIKING RUSSIAN REFINERIES.
TRUMP SAYS HE IS CONSIDERING A DIESEL EXPORT BAN 'VERY SERIOUSLY' AND THAT THE U.S. MAY IMPLEMENT IT, THOUGH IT COULD CAUSE A SMALL RISE IN GASOLINE PRICES.
TRUMP SAYS THE U.S. WILL WIN AGAINST IRAN IN MILITARY AND ECONOMIC WARFARE, CLAIMING IRAN INFLATION WAS AT 318% AS OF THIS MORNING AND EXPECTING THE WAR TO END 'VERY SOON' AND OIL PRICES TO FALL, WHILE DECLINING TO SAY WHETHER IRAN STRIKES WILL END BEFORE THE MIDTERMS.
TRUMP SAYS HE IS CONSIDERING A DIESEL EXPORT BAN 'VERY SERIOUSLY' AND THAT THE U.S. MAY IMPLEMENT IT, THOUGH IT COULD CAUSE A SMALL RISE IN GASOLINE PRICES.
TRUMP SAYS THE U.S. WILL WIN AGAINST IRAN IN MILITARY AND ECONOMIC WARFARE, CLAIMING IRAN INFLATION WAS AT 318% AS OF THIS MORNING AND EXPECTING THE WAR TO END 'VERY SOON' AND OIL PRICES TO FALL, WHILE DECLINING TO SAY WHETHER IRAN STRIKES WILL END BEFORE THE MIDTERMS.
π4β€3
US STOCK FUTURES EDGE LOWER: S&P 500 FUTURES -0.1%, NASDAQ FUTURES -0.1%
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Jefferies On HDFC Bank
Maintain Buy, TP Rs 880
CEO Appointment Nears-Execution Could Aid a Rerating
Timely team re-org (as needed) and execution of business goals
To improve retail deposit growth and better fee growth
Calibrated rerisking of loan mix could help earnings momentum & rerating.
Risk-bearing could improve, aiding risk-adjusted NIMs.
Valuations have scope to rerate with an improved earnings trajectory
Maintain Buy, TP Rs 880
CEO Appointment Nears-Execution Could Aid a Rerating
Timely team re-org (as needed) and execution of business goals
To improve retail deposit growth and better fee growth
Calibrated rerisking of loan mix could help earnings momentum & rerating.
Risk-bearing could improve, aiding risk-adjusted NIMs.
Valuations have scope to rerate with an improved earnings trajectory
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IEX: CO. EXPANDS ITS ENERGY MARKETS FOOTPRINT: UNIT INDIAN COAL EXCHANGE LTD APPLIES FOR LICENCE WITH COAL CONTROLLER ORGANISATION
PB FINTECH, TURTLEMINT; Insurance mis-selling is arising because upfront commissions are too high Says IRDAI chairman Ajay Seth
Investec On Borosil
Maintain Buy, TP at Rs 330 (vs Rs 265)
DGTR has recommended ADD on Chinese borosilicate table/kitchen glassware.
If implemented it will offer superior margin profile for Borosilβs press-ware ops
Increasing EBITDA by Rs220m (+10% vs InvE) for FY28E, assuming ~50% potential price gains realized.
Factoring ADD tailwinds and moderation on opalware margins (competitive intensity), increase PAT by 9% in FY28E
Maintain Buy, TP at Rs 330 (vs Rs 265)
DGTR has recommended ADD on Chinese borosilicate table/kitchen glassware.
If implemented it will offer superior margin profile for Borosilβs press-ware ops
Increasing EBITDA by Rs220m (+10% vs InvE) for FY28E, assuming ~50% potential price gains realized.
Factoring ADD tailwinds and moderation on opalware margins (competitive intensity), increase PAT by 9% in FY28E