Demerger Proposals:
1) Motherson sumi Ltd ( Domestic wiring harness business will be demerged)..Takes 2-3 months.
2) GHCL (Home textile company will be demerged).Takes 4-5 Months
3) NMDC (Steel company with 3 MTPA will be demerged)..Takes 5-6 months
4) Aarti Industries (API Pharma company will be demerged)..Takes Approx 10 months
5) Kamdhenu Ltd (Paint company will be demerged)..Takes 10 months
6) GMR Ltd (Airport company will be demerged)..Takes 3-4 months
7) Strides Pharma (Bio-Tech business Stelis bio will be demerged)..Takes 12-14 months...
8) Tips Industries
9) Raymond Ltd
10) Rupa Industries
11) National Peroxide
12) Forbes and Co (Eureka Forbes will be demerged and will sell off to PE)
13) Dhampur sugar mills
14) Genus power infra (demerger of Genus Prime infra - An investment company)
15) Arshiya Ltd (Demerger of Arshiya Rail infrastructure Ltd...)
16) Vakrangee Ltd (Physical and Digital business will be demerged)
Mergers in Pipeline:
1) Indiabull real estate Ltd will be merged with Embassy Group (real estate) Company name will be changed to Embassy Real estate ( not sure on the name)...
2) Solara Active Pharma will be merged with Aurore life science, Empereyan life sciences,Hydra active pharma...Solara will be bigger company post merger.
3)APL Apollo tubes (Apollo tricot is getting merged with APT)
4) Expleo solution (consolidation or merger of group's privately held cos with listed entity)
Promoters/ management change:
1) PNB Housing (Carlyle is taking over the promotor/mgmt)
2) Indiabull real estate (Embassy would be the new promotor)
3) Ruchi Soya (New promotor - Pathanjali too)
4) Renuka sugars (New promotor - Wilmar sugars Singapore)
5) Thyrocare
6) Anjani Portland cement (Aquisition of Bhavya cement with similar capacity)
Capital reduction:
1) Supreme petchem
2) Subex
3) Kesoram
Debt restructuring:
1) Kesoram
2) Suzlon
Demerger proposal
(Company may announce shortly but they have intention to demerge)
1) Piramal enterprises
2) Ganesh Benzo
3) Jubilant Industries
4) Edeilweiss finance (wealth mgmt business)
5) Aurobindo Pharma (Injectables business will be demerged)
6) Max venture Ltd (Speciality package business will be demerged)
1) Motherson sumi Ltd ( Domestic wiring harness business will be demerged)..Takes 2-3 months.
2) GHCL (Home textile company will be demerged).Takes 4-5 Months
3) NMDC (Steel company with 3 MTPA will be demerged)..Takes 5-6 months
4) Aarti Industries (API Pharma company will be demerged)..Takes Approx 10 months
5) Kamdhenu Ltd (Paint company will be demerged)..Takes 10 months
6) GMR Ltd (Airport company will be demerged)..Takes 3-4 months
7) Strides Pharma (Bio-Tech business Stelis bio will be demerged)..Takes 12-14 months...
8) Tips Industries
9) Raymond Ltd
10) Rupa Industries
11) National Peroxide
12) Forbes and Co (Eureka Forbes will be demerged and will sell off to PE)
13) Dhampur sugar mills
14) Genus power infra (demerger of Genus Prime infra - An investment company)
15) Arshiya Ltd (Demerger of Arshiya Rail infrastructure Ltd...)
16) Vakrangee Ltd (Physical and Digital business will be demerged)
Mergers in Pipeline:
1) Indiabull real estate Ltd will be merged with Embassy Group (real estate) Company name will be changed to Embassy Real estate ( not sure on the name)...
2) Solara Active Pharma will be merged with Aurore life science, Empereyan life sciences,Hydra active pharma...Solara will be bigger company post merger.
3)APL Apollo tubes (Apollo tricot is getting merged with APT)
4) Expleo solution (consolidation or merger of group's privately held cos with listed entity)
Promoters/ management change:
1) PNB Housing (Carlyle is taking over the promotor/mgmt)
2) Indiabull real estate (Embassy would be the new promotor)
3) Ruchi Soya (New promotor - Pathanjali too)
4) Renuka sugars (New promotor - Wilmar sugars Singapore)
5) Thyrocare
6) Anjani Portland cement (Aquisition of Bhavya cement with similar capacity)
Capital reduction:
1) Supreme petchem
2) Subex
3) Kesoram
Debt restructuring:
1) Kesoram
2) Suzlon
Demerger proposal
1) Motherson sumi Ltd ( Domestic wiring harness business will be demerged)..Takes 2-3 months.
2) GHCL (Home textile company will be demerged).Takes 4-5 Months
3) NMDC (Steel company with 3 MTPA will be demerged)..Takes 5-6 months
4) Aarti Industries (API Pharma company will be demerged)..Takes Approx 10 months
5) Kamdhenu Ltd (Paint company will be demerged)..Takes 10 months
6) GMR Ltd (Airport company will be demerged)..Takes 3-4 months
7) Strides Pharma (Bio-Tech business Stelis bio will be demerged)..Takes 12-14 months...
8) Tips Industries
9) Raymond Ltd
10) Rupa Industries
11) National Peroxide
12) Forbes and Co (Eureka Forbes will be demerged and will sell off to PE)
13) Dhampur sugar mills
14) Genus power infra (demerger of Genus Prime infra - An investment company)
15) Arshiya Ltd (Demerger of Arshiya Rail infrastructure Ltd...)
16) Vakrangee Ltd (Physical and Digital business will be demerged)
Mergers in Pipeline:
1) Indiabull real estate Ltd will be merged with Embassy Group (real estate) Company name will be changed to Embassy Real estate ( not sure on the name)...
2) Solara Active Pharma will be merged with Aurore life science, Empereyan life sciences,Hydra active pharma...Solara will be bigger company post merger.
3)APL Apollo tubes (Apollo tricot is getting merged with APT)
4) Expleo solution (consolidation or merger of group's privately held cos with listed entity)
Promoters/ management change:
1) PNB Housing (Carlyle is taking over the promotor/mgmt)
2) Indiabull real estate (Embassy would be the new promotor)
3) Ruchi Soya (New promotor - Pathanjali too)
4) Renuka sugars (New promotor - Wilmar sugars Singapore)
5) Thyrocare
6) Anjani Portland cement (Aquisition of Bhavya cement with similar capacity)
Capital reduction:
1) Supreme petchem
2) Subex
3) Kesoram
Debt restructuring:
1) Kesoram
2) Suzlon
Demerger proposal
(Company may announce shortly but they have intention to demerge)
1) Piramal enterprises
2) Ganesh Benzo
3) Jubilant Industries
4) Edeilweiss finance (wealth mgmt business)
5) Aurobindo Pharma (Injectables business will be demerged)
6) Max venture Ltd (Speciality package business will be demerged)
1) Motherson sumi Ltd ( Domestic wiring harness business will be demerged)..Takes 2-3 months.
2) GHCL (Home textile company will be demerged).Takes 4-5 Months
3) NMDC (Steel company with 3 MTPA will be demerged)..Takes 5-6 months
4) Aarti Industries (API Pharma company will be demerged)..Takes Approx 10 months
5) Kamdhenu Ltd (Paint company will be demerged)..Takes 10 months
6) GMR Ltd (Airport company will be demerged)..Takes 3-4 months
7) Strides Pharma (Bio-Tech business Stelis bio will be demerged)..Takes 12-14 months...
8) Tips Industries
9) Raymond Ltd
10) Rupa Industries
11) National Peroxide
12) Forbes and Co (Eureka Forbes will be demerged and will sell off to PE)
13) Dhampur sugar mills
14) Genus power infra (demerger of Genus Prime infra - An investment company)
15) Arshiya Ltd (Demerger of Arshiya Rail infrastructure Ltd...)
16) Vakrangee Ltd (Physical and Digital business will be demerged)
Mergers in Pipeline:
1) Indiabull real estate Ltd will be merged with Embassy Group (real estate) Company name will be changed to Embassy Real estate ( not sure on the name)...
2) Solara Active Pharma will be merged with Aurore life science, Empereyan life sciences,Hydra active pharma...Solara will be bigger company post merger.
3)APL Apollo tubes (Apollo tricot is getting merged with APT)
4) Expleo solution (consolidation or merger of group's privately held cos with listed entity)
Promoters/ management change:
1) PNB Housing (Carlyle is taking over the promotor/mgmt)
2) Indiabull real estate (Embassy would be the new promotor)
3) Ruchi Soya (New promotor - Pathanjali too)
4) Renuka sugars (New promotor - Wilmar sugars Singapore)
5) Thyrocare
6) Anjani Portland cement (Aquisition of Bhavya cement with similar capacity)
Capital reduction:
1) Supreme petchem
2) Subex
3) Kesoram
Debt restructuring:
1) Kesoram
2) Suzlon
Demerger proposal
(Company may announce shortly but they have intention to demerge)
1) Piramal enterprises
2) Ganesh Benzo
3) Jubilant Industries
4) Edeilweiss finance (wealth mgmt business)
5) Aurobindo Pharma (Injectables business will be demerged)
6) Max venture Ltd (Speciality package business will be demerged)
1) Piramal enterprises
2) Ganesh Benzo
3) Jubilant Industries
4) Edeilweiss finance (wealth mgmt business)
5) Aurobindo Pharma (Injectables business will be demerged)
6) Max venture Ltd (Speciality package business will be demerged)
Scanpoint Geomatics Limited board approves rights issue at Rs. 12.50 per share
Stocks To Watch
• Axis Bank: The bank has Rs 648 crore exposure to Future Group companies. Axis bank had Rs 305 crore outstanding at Future Retail and Rs 164 crore to Future Enterprises as of June 30. The bank’s exposure to other Future group entities was at Rs 179 crore. The bank said it was clarifying after it had received queries seeking information on its exposure to Future Group.
• SpiceJet: Has clarified on report of default on payment to Airport Authority of India. The principal amount owed to AAI is completely secured by bank guarantee, the company said. The carrier is making payments for service being currently utilised as per the payment plan. Further, the company said that it has more than Rs 142 crore of claims against Airport Authority of India related to “wrongful charge of landing fee and damages for loss of aircraft due to negligence.”
• Karnataka Bank: Empanelled by the Reserve Bank of India to act as an "Agency Bank" to facilitate transactions related to government businesses. Karnataka Bank is now authorised to undertake the government businesses such as revenue receipts and payments on behalf of the Central/State governments, pension payments in respect of Central/State governments, collection of stamp duty charges and any other item of work specifically advised by RBI.
• Wipro: Completed the acquisition of Ampion on August 6. Ampion is an Australia-based provider of cyber security, DevOps and quality engineering services.
• JSW Energy: JSW Energy (Barmer), a material subsidiary of the company, has approved a bonus issue of 126.57 crore equity shares of Rs 10 each amounting to Rs 1,265.77 crore. The company will issue 11 equity shares for every 15 equity shares held.
• Suzlon Energy: To consider up to Rs 1000 crore securities issue on August 13.
• Power Finance Corporation: Updated its global medium term note programme to $8 billion from $5 billion.
• Dhanvarsha Finvest: To consider sub-division of shares on August 13. The company will also consider fund raising by issue of NCDs of up to Rs 250 crore.
• Adani Enterprises: Incorporated a wholly owned subsidiary called, Noida Data Center Limited, on August 5. NDCL is incorporated with the object to develop, operate, maintain, deal with the business of Data Centers/IT/ITeS/ Cloud.
• Earnings: Shree Cement, Astrazeneca Pharma India, MRF, Timken India, Reliance Power, Clean Science and Technology, Jet Airways (India), Hinduja Global Solutions, Balrampur Chini Mills, Gujarat State Petronet, Laxmi Organic Industries, Tamilnadu Petroproducts, Tata Investment Corporation, Bombay Dyeing & Mfg.Co, Chemcon Speciality Chemicals, Ester Industries, Gati, Automotive Axles, Shalby, Venky's (India), The Hi-Tech Gears, IFB Agro Industries, Igarashi Motors India, Indian Hotels Co., Indraprastha Medical Corp., Kirloskar Industries, Subex, Nahar Industrial Enterprises, Nilkamal, Pokarna, Satin Creditcare Network, Shankara Building Products, Savita Oil Technologies, Steel Exchange India, Suven Life Sciences, WPIL
• Axis Bank: The bank has Rs 648 crore exposure to Future Group companies. Axis bank had Rs 305 crore outstanding at Future Retail and Rs 164 crore to Future Enterprises as of June 30. The bank’s exposure to other Future group entities was at Rs 179 crore. The bank said it was clarifying after it had received queries seeking information on its exposure to Future Group.
• SpiceJet: Has clarified on report of default on payment to Airport Authority of India. The principal amount owed to AAI is completely secured by bank guarantee, the company said. The carrier is making payments for service being currently utilised as per the payment plan. Further, the company said that it has more than Rs 142 crore of claims against Airport Authority of India related to “wrongful charge of landing fee and damages for loss of aircraft due to negligence.”
• Karnataka Bank: Empanelled by the Reserve Bank of India to act as an "Agency Bank" to facilitate transactions related to government businesses. Karnataka Bank is now authorised to undertake the government businesses such as revenue receipts and payments on behalf of the Central/State governments, pension payments in respect of Central/State governments, collection of stamp duty charges and any other item of work specifically advised by RBI.
• Wipro: Completed the acquisition of Ampion on August 6. Ampion is an Australia-based provider of cyber security, DevOps and quality engineering services.
• JSW Energy: JSW Energy (Barmer), a material subsidiary of the company, has approved a bonus issue of 126.57 crore equity shares of Rs 10 each amounting to Rs 1,265.77 crore. The company will issue 11 equity shares for every 15 equity shares held.
• Suzlon Energy: To consider up to Rs 1000 crore securities issue on August 13.
• Power Finance Corporation: Updated its global medium term note programme to $8 billion from $5 billion.
• Dhanvarsha Finvest: To consider sub-division of shares on August 13. The company will also consider fund raising by issue of NCDs of up to Rs 250 crore.
• Adani Enterprises: Incorporated a wholly owned subsidiary called, Noida Data Center Limited, on August 5. NDCL is incorporated with the object to develop, operate, maintain, deal with the business of Data Centers/IT/ITeS/ Cloud.
• Earnings: Shree Cement, Astrazeneca Pharma India, MRF, Timken India, Reliance Power, Clean Science and Technology, Jet Airways (India), Hinduja Global Solutions, Balrampur Chini Mills, Gujarat State Petronet, Laxmi Organic Industries, Tamilnadu Petroproducts, Tata Investment Corporation, Bombay Dyeing & Mfg.Co, Chemcon Speciality Chemicals, Ester Industries, Gati, Automotive Axles, Shalby, Venky's (India), The Hi-Tech Gears, IFB Agro Industries, Igarashi Motors India, Indian Hotels Co., Indraprastha Medical Corp., Kirloskar Industries, Subex, Nahar Industrial Enterprises, Nilkamal, Pokarna, Satin Creditcare Network, Shankara Building Products, Savita Oil Technologies, Steel Exchange India, Suven Life Sciences, WPIL
Use a Line Chart to find areas that have acted as Support and Resistance levels. This is your key levels
Stocks To Watch
• Coal India: The mines at Tikak, Tipong and Tirap of North Eastern Coalfields were temporarily suspended from June 3 due to non-availability of forest and other statutory clearances.
• Wipro: Appointed Jason Eichenholz as Senior Vice President and Global Partnership Lead of the company.
• ISGEC Heavy Engineering: Received an order for 175 KLPD Multi-feed Distillery from Dwarikesh Sugar Industries Ltd. for their site at Bareilly, Uttar Pradesh.
• NBCC (India): Secured total business of Rs 646.91 crore in July.
• Vakrangee: Launched a bouquet of travel services across its platform. It has made services such as domestic/international flight bookings operationally live across its network of more than 11,900+ Nextgen Vakrangee kendras. The company intends to provide digital travel services in the remotest parts of the country at the most competitive prices. The company had partnered with TSI Yatra to offer Assisted Online travel services.
• Coal India: The mines at Tikak, Tipong and Tirap of North Eastern Coalfields were temporarily suspended from June 3 due to non-availability of forest and other statutory clearances.
• Wipro: Appointed Jason Eichenholz as Senior Vice President and Global Partnership Lead of the company.
• ISGEC Heavy Engineering: Received an order for 175 KLPD Multi-feed Distillery from Dwarikesh Sugar Industries Ltd. for their site at Bareilly, Uttar Pradesh.
• NBCC (India): Secured total business of Rs 646.91 crore in July.
• Vakrangee: Launched a bouquet of travel services across its platform. It has made services such as domestic/international flight bookings operationally live across its network of more than 11,900+ Nextgen Vakrangee kendras. The company intends to provide digital travel services in the remotest parts of the country at the most competitive prices. The company had partnered with TSI Yatra to offer Assisted Online travel services.
Stocks To Watch
• SBI Life Insurance Company: The company is liable to refund Rs 84 crore plus interest amounting to Rs 27 crore with effect from July 11, 2017, for its Supersuraksha Life Insurance Policy on orders of the Insurance Regulatory and Development Authority of India, according to an exchange filing. The company is examining legal remedies after the Supreme Court upheld the IRDAI order on July 26, 2021. For Dhanaraksha Life Insurance Policy, SBI Life was originally directed to refund a sum of Rs 275 crore.
• Ujjivan Small Finance Bank: Restructured book at Rs 769 crore as of June 30. Provisions on book at Rs 1,149 crore. MicroBanking GNPA at 11.6%, Affordable Housing GNPA at 4.5% and MSE GNPA at 11.6%.
• Rattanindia Enterprises: To make a strategic investment in U.S.-based Matternet, an urban drone logistics platform. With this investment, REL has forayed into the deep-tech Unmanned Aerial Vehicle industry.
• Capacite Infraprojects: The company’s orderbook stood at Rs 8,871 crore as on June 30. 61% of the orderbook comprised of public sector orders and 39% comprised of private sector orders.
• GMR Infrastructure: Board to meet on August 13 to consider raising up to Rs 6,000 crore in one or more tranches through issue of securities including a QIP and/or FCCBs.
• Insecticides (India): Closed buyback on August 10. The company bought back 9.35 lakh equity shares, at an average price of Rs 525.35 per equity share, for an aggregate amount of Rs 49.16 crore.
• Chalet Hotels: Appointed Milind Wadekar as Chief Financial Officer effective August 10.
• Karnataka Bank: The bank is in the process of upgrading its technological platforms and is proposed to undertake tech migration activity between August 14-17. Even though all the necessary alternate arrangement is put in place to ensure normal banking operations during this period, the probability of unanticipated technical glitches can’t be totally ruled out, the bank said.
• SBI Life Insurance Company: The company is liable to refund Rs 84 crore plus interest amounting to Rs 27 crore with effect from July 11, 2017, for its Supersuraksha Life Insurance Policy on orders of the Insurance Regulatory and Development Authority of India, according to an exchange filing. The company is examining legal remedies after the Supreme Court upheld the IRDAI order on July 26, 2021. For Dhanaraksha Life Insurance Policy, SBI Life was originally directed to refund a sum of Rs 275 crore.
• Ujjivan Small Finance Bank: Restructured book at Rs 769 crore as of June 30. Provisions on book at Rs 1,149 crore. MicroBanking GNPA at 11.6%, Affordable Housing GNPA at 4.5% and MSE GNPA at 11.6%.
• Rattanindia Enterprises: To make a strategic investment in U.S.-based Matternet, an urban drone logistics platform. With this investment, REL has forayed into the deep-tech Unmanned Aerial Vehicle industry.
• Capacite Infraprojects: The company’s orderbook stood at Rs 8,871 crore as on June 30. 61% of the orderbook comprised of public sector orders and 39% comprised of private sector orders.
• GMR Infrastructure: Board to meet on August 13 to consider raising up to Rs 6,000 crore in one or more tranches through issue of securities including a QIP and/or FCCBs.
• Insecticides (India): Closed buyback on August 10. The company bought back 9.35 lakh equity shares, at an average price of Rs 525.35 per equity share, for an aggregate amount of Rs 49.16 crore.
• Chalet Hotels: Appointed Milind Wadekar as Chief Financial Officer effective August 10.
• Karnataka Bank: The bank is in the process of upgrading its technological platforms and is proposed to undertake tech migration activity between August 14-17. Even though all the necessary alternate arrangement is put in place to ensure normal banking operations during this period, the probability of unanticipated technical glitches can’t be totally ruled out, the bank said.
IPO Watch
• Tarsons Products Ltd. seeks to raise as much as Rs 150 crore ($20.2 million) selling new shares, while its shareholders plan to sell as many as 1.32 crore shares in an offer-for-sale as part of the initial public offering, according to its draft prospectus. The Kolkata-based supplier of labware products to life sciences industry may consider a pre-IPO private placement of up to Rs 30 crore worth of shares.
• API Holdings Pvt., owner of India’s largest online pharmacy PharmEasy, is considering a initial public offering that could raise as much as $1 billion, according to people familiar with the matter.
• Tarsons Products Ltd. seeks to raise as much as Rs 150 crore ($20.2 million) selling new shares, while its shareholders plan to sell as many as 1.32 crore shares in an offer-for-sale as part of the initial public offering, according to its draft prospectus. The Kolkata-based supplier of labware products to life sciences industry may consider a pre-IPO private placement of up to Rs 30 crore worth of shares.
• API Holdings Pvt., owner of India’s largest online pharmacy PharmEasy, is considering a initial public offering that could raise as much as $1 billion, according to people familiar with the matter.
https://youtu.be/P5O3jv9b-UQ
Part 1 of the Trading Course Series...
YouTube
Price Action Trading Course | How to do Price Action Trading | Part 1
Welcome to Price Action Trading Course Series. The Complete course on Price Action Trading Strategy designed by www.tradingcoach.co.in
Part 1 of the Trading Course Series...
YouTube
Price Action Trading Course | How to do Price Action Trading | Part 1
Welcome to Price Action Trading Course Series. The Complete course on Price Action Trading Strategy designed by www.tradingcoach.co.in
YouTube
Price Action Trading Course | How to do Price Action Trading | Part 1
Welcome to Price Action Trading Course Series. The Complete course on Price Action Trading Strategy designed by www.tradingcoach.co.in
In this Video, we will discuss about how to do Price Action Analysis. The First step to be a Successful Price Action Trader..…
In this Video, we will discuss about how to do Price Action Analysis. The First step to be a Successful Price Action Trader..…