Top 4 Fund Houses in India (FY20)
π€ SBI MF - 5.04L Cr
π€ HDFC MF - 4.16L Cr
π€ ICICI Pru 4.05L Cr
π€ Birla Sun Life - 2.69L Cr
π€ SBI MF - 5.04L Cr
π€ HDFC MF - 4.16L Cr
π€ ICICI Pru 4.05L Cr
π€ Birla Sun Life - 2.69L Cr
Dividend Updates
ππ»Kamdhenu Rs. 0.80
ππ»HBL Power Rs. 0.35
ππ»Bharat Dynamics Rs. 0.65
ππ»Reliance Chemotex Industries Rs. 2
ππ»Samkrg Pistons and Rings Rs. 5
ππ»National Fittings Rs. 1
ππ»GPT Infraprojects Rs. 1
ππ»Oil India Rs. 1.50
ππ»Atishay Rs. 0.70
ππ»Vivid Global Rs. 0.20
ππ»Talbros Engineering Rs. 1.50
ππ»S P Apparels Rs. 2.25
ππ»V S T Tillers Tractors Rs. 20
ππ»IP Rings Rs. 1.50
ππ»M M Forgings Rs. 5
ππ»Pokarna Rs. 0.60
ππ»Golkunda Diamonds & Jewellery Rs. 1.20
ππ»Metroglobal Rs. 2
ππ»Kamdhenu Rs. 0.80
ππ»HBL Power Rs. 0.35
ππ»Bharat Dynamics Rs. 0.65
ππ»Reliance Chemotex Industries Rs. 2
ππ»Samkrg Pistons and Rings Rs. 5
ππ»National Fittings Rs. 1
ππ»GPT Infraprojects Rs. 1
ππ»Oil India Rs. 1.50
ππ»Atishay Rs. 0.70
ππ»Vivid Global Rs. 0.20
ππ»Talbros Engineering Rs. 1.50
ππ»S P Apparels Rs. 2.25
ππ»V S T Tillers Tractors Rs. 20
ππ»IP Rings Rs. 1.50
ππ»M M Forgings Rs. 5
ππ»Pokarna Rs. 0.60
ππ»Golkunda Diamonds & Jewellery Rs. 1.20
ππ»Metroglobal Rs. 2
Dividend Updates
ππ»Jindal Worldwide Ltd Board approves Dividend of Rs. 0.05
ππ»Donear Industries Ltd Board approves Dividend of Rs. 0.20
ππ»Bharat Electronics Ltd Board approves Dividend of Rs. 1.20
ππ»GE Power India Ltd board recommends dividend of Rs. 1
ππ»Indian Toners and Developers Ltd board recommends dividend of Rs. 3
ππ»Sobha Ltd Board recommends dividend of Rs. 3.50
ππ»Gandhi Special Tubes Ltd Board approves dividend of Rs. 9
ππ»Bombay Oxygen Investments Ltd board recommends dividend of Rs. 20
ππ»PNB Gilts Ltd board recommends final dividend of Rs. 3
ππ»Ashapura Minechem Ltd board recommends final dividend of Rs. 0.50
ππ»Avanti Feeds Ltd Board recommends Final Dividend of Rs. 6.25
ππ»Jindal Worldwide Ltd Board approves Dividend of Rs. 0.05
ππ»Donear Industries Ltd Board approves Dividend of Rs. 0.20
ππ»Bharat Electronics Ltd Board approves Dividend of Rs. 1.20
ππ»GE Power India Ltd board recommends dividend of Rs. 1
ππ»Indian Toners and Developers Ltd board recommends dividend of Rs. 3
ππ»Sobha Ltd Board recommends dividend of Rs. 3.50
ππ»Gandhi Special Tubes Ltd Board approves dividend of Rs. 9
ππ»Bombay Oxygen Investments Ltd board recommends dividend of Rs. 20
ππ»PNB Gilts Ltd board recommends final dividend of Rs. 3
ππ»Ashapura Minechem Ltd board recommends final dividend of Rs. 0.50
ππ»Avanti Feeds Ltd Board recommends Final Dividend of Rs. 6.25
stocks in focus
β’ Tata Motors: Guenter Butschek to step down as CEO & MD on June 30, to continue as consultant till the end of the financial year. Girish Wagh, President of the commercial vehicles unit also appointed as the Executive Director to the board from July 1.
β’ Adani Ports and SEZ: May abandon Myanmar project if it violates U.S. sanctions and will write-down investments in the project in full, the company said. The write down will not materially affect the balance sheet as it is equivalent to about 1.3% of the total assets of the company. APSEZ is in discussion with its U.S. based counsels to ensure that it is in compliance with the OFAC sanctions programs. Further, the company declined to comment on KLP Fund share sale report.
β’ Jaypee Infratech: Suraksha ARC wins the bid for Jaypee Infratech by a small margin. The final resolution plans of Suraksha Realty along with Lakshdeep Investments and Finance got 98.7% votes.
β’ HDFC: Chairman Deepak Parekh calls for regulatory clarity as housing finance companies come under RBI regulation and supervision. Difference in accounting standards used by NBFC/HFCs versus banks leading to differences in interpretation between inspectors, auditors and regulated entities, Parekh said. HFCs should be allowed to retain customers by lowering interest rate on loans, without these loans being seen as restructured. Home loan insurance and home insurance should be classified as a component of home loans.
β’ Reliance Industries: Fitch Ratings has upgraded the companyβs foreign-currency debt rating to a level higher than Indiaβs sovereign ranking, citing strong external debt-servicing capabilities. RIL now has a long-term foreign-currency rating of BBB, while the local-currency rating stands at BBB+.
β’ UCO Bank: Approved raising up to Rs 500 crore in Tier II capital.
β’ Orchid Pharma: Promoter Dhanuka Laboratories to sell up to 32.80 lakh shares, representing 8.04% of the total equity share capital, through an Offer for Sale. The floor price is set at Rs 375 per share. The OFS opens for non-retail investors today and for retail investors tomorrow.
β’ Piramal Enterprises: Board to meet on June 28 to considerraising up to Rs 1000 crore through the issue of secured NCDs on private placement basis. The base issue size will be Rs 100 crore with an oversubscription of up to Rs 900 crore..
β’ Union Bank of India: Extended the tenure of BS Venkatesha, General Manager as Chief Risk Officer of the bank for a further period of six months.
β’ Earnings: ONGC, Ashok Leyland, PTC India, Authum Investment & Infrastructure, Bodal Chemicals, Everest Kanto Cylinder, Mishra Dhatu Nigam, Nath Bio-Genes (India), Nirlon, Rushil DΓ©cor, Take Solutions, Thangamayil Jewellery, West Coast Paper Mills
β’ Tata Motors: Guenter Butschek to step down as CEO & MD on June 30, to continue as consultant till the end of the financial year. Girish Wagh, President of the commercial vehicles unit also appointed as the Executive Director to the board from July 1.
β’ Adani Ports and SEZ: May abandon Myanmar project if it violates U.S. sanctions and will write-down investments in the project in full, the company said. The write down will not materially affect the balance sheet as it is equivalent to about 1.3% of the total assets of the company. APSEZ is in discussion with its U.S. based counsels to ensure that it is in compliance with the OFAC sanctions programs. Further, the company declined to comment on KLP Fund share sale report.
β’ Jaypee Infratech: Suraksha ARC wins the bid for Jaypee Infratech by a small margin. The final resolution plans of Suraksha Realty along with Lakshdeep Investments and Finance got 98.7% votes.
β’ HDFC: Chairman Deepak Parekh calls for regulatory clarity as housing finance companies come under RBI regulation and supervision. Difference in accounting standards used by NBFC/HFCs versus banks leading to differences in interpretation between inspectors, auditors and regulated entities, Parekh said. HFCs should be allowed to retain customers by lowering interest rate on loans, without these loans being seen as restructured. Home loan insurance and home insurance should be classified as a component of home loans.
β’ Reliance Industries: Fitch Ratings has upgraded the companyβs foreign-currency debt rating to a level higher than Indiaβs sovereign ranking, citing strong external debt-servicing capabilities. RIL now has a long-term foreign-currency rating of BBB, while the local-currency rating stands at BBB+.
β’ UCO Bank: Approved raising up to Rs 500 crore in Tier II capital.
β’ Orchid Pharma: Promoter Dhanuka Laboratories to sell up to 32.80 lakh shares, representing 8.04% of the total equity share capital, through an Offer for Sale. The floor price is set at Rs 375 per share. The OFS opens for non-retail investors today and for retail investors tomorrow.
β’ Piramal Enterprises: Board to meet on June 28 to considerraising up to Rs 1000 crore through the issue of secured NCDs on private placement basis. The base issue size will be Rs 100 crore with an oversubscription of up to Rs 900 crore..
β’ Union Bank of India: Extended the tenure of BS Venkatesha, General Manager as Chief Risk Officer of the bank for a further period of six months.
β’ Earnings: ONGC, Ashok Leyland, PTC India, Authum Investment & Infrastructure, Bodal Chemicals, Everest Kanto Cylinder, Mishra Dhatu Nigam, Nath Bio-Genes (India), Nirlon, Rushil DΓ©cor, Take Solutions, Thangamayil Jewellery, West Coast Paper Mills
Dividend Updates
ππ»PNC Infratech Ltd board recommends dividend of Rs. 0.50
ππ»Godfrey Phillips India Ltd Board approves Dividend of Rs. 24
ππ»Indraprastha Gas Ltd board recommends dividend of Rs. 3.6
ππ»The KCP Ltd board recommends dividend of Rs. 2
ππ»Shiva Texyarn Ltd board recommends dividend of Rs. 1.20
ππ»Haldyn Glass Ltd board recommends dividend of Rs. 0.60
ππ»Emmbi Industries Ltd Board recommends Dividend of Rs. 0.40
ππ»JSW Energy Ltd board recommends Dividend of Rs. 2
ππ»Advait Infratech Ltd Board approves Rs. 1
ππ»Coromandel Agro Products and Oils Ltd Board recommends Final Dividend of Rs. 2
ππ»Superhouse Ltd Board recommends Dividend for FY21
ππ»Lambodhara Textiles Ltd Board recommends Dividend of Rs. 1
ππ»Alphageo India Ltd Board recommends Dividend of Rs. 8
ππ»Pee Cee Cosma Sope Ltd Board recommends Dividend of Rs. 3
ππ»United Drilling Tools Ltd Board recommends Final Dividend of Rs. 0.60
ππ»CSL Finance Ltd Board approves Dividend of Rs. 3
ππ»Apex Frozen Foods Limited board recommends final dividend of Rs. 2
ππ»Pix Transmissions Ltd Board approves Dividend of Rs. 5
ππ»Pondy Oxides and Chemicals Limited board recommends final dividend of Rs. 2.5
ππ»PNC Infratech Ltd board recommends dividend of Rs. 0.50
ππ»Godfrey Phillips India Ltd Board approves Dividend of Rs. 24
ππ»Indraprastha Gas Ltd board recommends dividend of Rs. 3.6
ππ»The KCP Ltd board recommends dividend of Rs. 2
ππ»Shiva Texyarn Ltd board recommends dividend of Rs. 1.20
ππ»Haldyn Glass Ltd board recommends dividend of Rs. 0.60
ππ»Emmbi Industries Ltd Board recommends Dividend of Rs. 0.40
ππ»JSW Energy Ltd board recommends Dividend of Rs. 2
ππ»Advait Infratech Ltd Board approves Rs. 1
ππ»Coromandel Agro Products and Oils Ltd Board recommends Final Dividend of Rs. 2
ππ»Superhouse Ltd Board recommends Dividend for FY21
ππ»Lambodhara Textiles Ltd Board recommends Dividend of Rs. 1
ππ»Alphageo India Ltd Board recommends Dividend of Rs. 8
ππ»Pee Cee Cosma Sope Ltd Board recommends Dividend of Rs. 3
ππ»United Drilling Tools Ltd Board recommends Final Dividend of Rs. 0.60
ππ»CSL Finance Ltd Board approves Dividend of Rs. 3
ππ»Apex Frozen Foods Limited board recommends final dividend of Rs. 2
ππ»Pix Transmissions Ltd Board approves Dividend of Rs. 5
ππ»Pondy Oxides and Chemicals Limited board recommends final dividend of Rs. 2.5