stocks to watch :
• Hindustan Copper: Government plans to sell 10% of the company's equity through an Offer for Sale. The initial plan is for the sale of 4.83 crore shares or 5% of the total equity with a green shoe option to sell another 4.83 crore shares or 5% of the total equity. The floor price of Rs 116 per share is at a 6.82% discount to Wednesday's closing price. The OFS opens for non-retail investors today and for retail investors tomorrow.
• Coal India: Plans to offer 15 mines to developers to raise output by a combined 160 million tones per year, Chairman Pramod Agrawal said. The company is also executing 35 connectivity projects, including railway lines, at a total cost of Rs 11,500 crore ($1.6 billion) to help transport 414.5 million tons of a coal a year.
• Tata Group stocks: Tata Sons has submitted a financial bid for Air India. Further, Tata Sons’ Chairman N Chandrasekaran rejected news reports that claimed the company is considering a revamp of its leadership structure. “No leadership structural changes are on the anvil, as speculated in certain sections of media,” he said.
• SpiceJet: Owner Ajay Singh has bid for Air India in his personal capacity, according to a Bloomberg report.
• Telecom stocks: The union cabinet has approved a relief package for telecom industry. Telecom Minister Ashwini Vaishnaw announced measures on AGR, spectrum, foreign direct investment and a moratorium on dues to the government. Together, these will give the companies a financial breather even as they make efforts to increase pricing and improve average revenue per user.
• Wipro: The company received multi-year IT managed services contract from Kuala Lumpur- headquartered Maxis Broadband Sdn Bhd, a leading converged solutions provider.
• Infosys: The company has collaborated with SAP to provide Business Process Transformation-as-a-Service to enterprises.
• Fineotex Chemical: The company has entered into a strategic collaboration with Eurodye-CTC, Belgium, to commercialise specialty chemicals for the Indian market.
• JSW Energy: JSW Renew Energy Two, a project SPV formed by JSW Future Energy (100% subsidiary of JSW Energy) has signed Power Purchase Agreements with Solar Energy Corporation of India for the cumulative contracted capacity of 450 MW awarded against Tariff based Competitive bid invited by SECI.
• CEAT: Shareholders have approved issuance of NCDs up to Rs 500 crore on private placement basis.
• NLC India: Allotted 10,000 Commercial Papers of Rs 5 lakh each aggregating to Rs 500 crore on September 15.
• Srei Infrastructure Finance: Rakesh Bhutoria has resigned as CEO effective from closing hours of September 15. Bhutoria resigned to explore alternative sectors. His resignation was also considering the salary payment issues arising out of the Trust and Retention Account operationalised by the bankers impacting team morale
• HG Infra Engineering: The company has received the letter of award from National Highways Authority of India for two HAM projects.
• HealthCare Global Enterprises: Care Ratings has upgraded the rating of the long-term bank facilities of the company to A/Stable from A-/Stable.
• Hindustan Copper: Government plans to sell 10% of the company's equity through an Offer for Sale. The initial plan is for the sale of 4.83 crore shares or 5% of the total equity with a green shoe option to sell another 4.83 crore shares or 5% of the total equity. The floor price of Rs 116 per share is at a 6.82% discount to Wednesday's closing price. The OFS opens for non-retail investors today and for retail investors tomorrow.
• Coal India: Plans to offer 15 mines to developers to raise output by a combined 160 million tones per year, Chairman Pramod Agrawal said. The company is also executing 35 connectivity projects, including railway lines, at a total cost of Rs 11,500 crore ($1.6 billion) to help transport 414.5 million tons of a coal a year.
• Tata Group stocks: Tata Sons has submitted a financial bid for Air India. Further, Tata Sons’ Chairman N Chandrasekaran rejected news reports that claimed the company is considering a revamp of its leadership structure. “No leadership structural changes are on the anvil, as speculated in certain sections of media,” he said.
• SpiceJet: Owner Ajay Singh has bid for Air India in his personal capacity, according to a Bloomberg report.
• Telecom stocks: The union cabinet has approved a relief package for telecom industry. Telecom Minister Ashwini Vaishnaw announced measures on AGR, spectrum, foreign direct investment and a moratorium on dues to the government. Together, these will give the companies a financial breather even as they make efforts to increase pricing and improve average revenue per user.
• Wipro: The company received multi-year IT managed services contract from Kuala Lumpur- headquartered Maxis Broadband Sdn Bhd, a leading converged solutions provider.
• Infosys: The company has collaborated with SAP to provide Business Process Transformation-as-a-Service to enterprises.
• Fineotex Chemical: The company has entered into a strategic collaboration with Eurodye-CTC, Belgium, to commercialise specialty chemicals for the Indian market.
• JSW Energy: JSW Renew Energy Two, a project SPV formed by JSW Future Energy (100% subsidiary of JSW Energy) has signed Power Purchase Agreements with Solar Energy Corporation of India for the cumulative contracted capacity of 450 MW awarded against Tariff based Competitive bid invited by SECI.
• CEAT: Shareholders have approved issuance of NCDs up to Rs 500 crore on private placement basis.
• NLC India: Allotted 10,000 Commercial Papers of Rs 5 lakh each aggregating to Rs 500 crore on September 15.
• Srei Infrastructure Finance: Rakesh Bhutoria has resigned as CEO effective from closing hours of September 15. Bhutoria resigned to explore alternative sectors. His resignation was also considering the salary payment issues arising out of the Trust and Retention Account operationalised by the bankers impacting team morale
• HG Infra Engineering: The company has received the letter of award from National Highways Authority of India for two HAM projects.
• HealthCare Global Enterprises: Care Ratings has upgraded the rating of the long-term bank facilities of the company to A/Stable from A-/Stable.
Positive Stocks.
Infosys
Banks
Indigo,spicejet
Ujjivan sfb
NCL ind
Hero Moto
Inox wind
Intellect design
Bharti
Kotak Bank
TVs motor
KEI ind
Cosmo films
Negative Stocks
Poonawaala fin
Infosys
Banks
Indigo,spicejet
Ujjivan sfb
NCL ind
Hero Moto
Inox wind
Intellect design
Bharti
Kotak Bank
TVs motor
KEI ind
Cosmo films
Negative Stocks
Poonawaala fin
Stocks To Watch
Wipro: Company has announced setting up a new co-innovation space with Google Cloud. The innovation arena will be based in Bangalore and used to provide in-house technical expertise for cloud addoption and acceleration business transformation for customers.
Indian Oil: Efforts are being made at the Barauni refinery in eastern India to restart the crude processing unit after a blow-up incident on Sept. 16 injured 19 people. Startup of operations of remaining process units from the planned maintenance shutdown is proceeding as per schedule, a company statement said.
Intellect Design Arena: Announced a strategic partnership with Resurs Bank for a new cloud-based banking platform. Intellect will be implementing its microservices-based digital banking solution IDC and iKredit460 to optimise processes and operations.
3M India: Board has approved a merger of its wholly owned subsidiary 3M Electro & Communication India into itself for greater integration and conslidation of business operations.
Sobha: Chief Financial Officer Subash Mohan Bhat has resigned. He will continue in his position till a new CFO is appointed.
Bajaj Holdings: Board has approved an interim dividend of Rs 90 per equity share. The record date for the interim dividend will be Sept. 29, 2021.
Shipping Corp: India's government has approved a plan to form a new unit after demerger. The resulting unit will be a wholly-owned subsidiary of the company.
Motilal Oswal: Company intends to issue 1,000 Secured Principal Protected Market-Linked Non-Convertible Debentures of face value Rs 10 lakh each on private placement basis in one or more tranches.
Adani Ports: Approves issue of Rs 1,000 crore of debentures.
Cadila Healthcare: Gets U.S. FDA approval to market antidepressant pills
DCB Bank: Moneyboxx Finance Raises Rs 7.5 crore From DCB Bank
Inox Wind: Founder Inox Wind Energy sold 1.47m shares in Inox Wind: BSE
IRB Infrastructure: Sindhudurg airport gets Airodrome license
KEC International: Acquires Spur Infrastructure, an EPC company in the Oil and Gas Pipelines sector for Rs 62 crore
Rail Vikas Nigam: Gets Rs 1,035 crore contract for Indore Metro Rail project
Shipping Corp: Gets govt nod to form new unit on demerger
Indiabulls Housing Finance public issue of NCDs gets 2.96 times demand, offer close Sept. 20
Wipro: Company has announced setting up a new co-innovation space with Google Cloud. The innovation arena will be based in Bangalore and used to provide in-house technical expertise for cloud addoption and acceleration business transformation for customers.
Indian Oil: Efforts are being made at the Barauni refinery in eastern India to restart the crude processing unit after a blow-up incident on Sept. 16 injured 19 people. Startup of operations of remaining process units from the planned maintenance shutdown is proceeding as per schedule, a company statement said.
Intellect Design Arena: Announced a strategic partnership with Resurs Bank for a new cloud-based banking platform. Intellect will be implementing its microservices-based digital banking solution IDC and iKredit460 to optimise processes and operations.
3M India: Board has approved a merger of its wholly owned subsidiary 3M Electro & Communication India into itself for greater integration and conslidation of business operations.
Sobha: Chief Financial Officer Subash Mohan Bhat has resigned. He will continue in his position till a new CFO is appointed.
Bajaj Holdings: Board has approved an interim dividend of Rs 90 per equity share. The record date for the interim dividend will be Sept. 29, 2021.
Shipping Corp: India's government has approved a plan to form a new unit after demerger. The resulting unit will be a wholly-owned subsidiary of the company.
Motilal Oswal: Company intends to issue 1,000 Secured Principal Protected Market-Linked Non-Convertible Debentures of face value Rs 10 lakh each on private placement basis in one or more tranches.
Adani Ports: Approves issue of Rs 1,000 crore of debentures.
Cadila Healthcare: Gets U.S. FDA approval to market antidepressant pills
DCB Bank: Moneyboxx Finance Raises Rs 7.5 crore From DCB Bank
Inox Wind: Founder Inox Wind Energy sold 1.47m shares in Inox Wind: BSE
IRB Infrastructure: Sindhudurg airport gets Airodrome license
KEC International: Acquires Spur Infrastructure, an EPC company in the Oil and Gas Pipelines sector for Rs 62 crore
Rail Vikas Nigam: Gets Rs 1,035 crore contract for Indore Metro Rail project
Shipping Corp: Gets govt nod to form new unit on demerger
Indiabulls Housing Finance public issue of NCDs gets 2.96 times demand, offer close Sept. 20
Global Markets are likely to experience fall out.. Lets see how this will play on Equities..
Why stock markets are plummeting across the globe? Evergrande 'collapse' explained - https://www.livemint.com/market/stock-market-news/why-stock-markets-are-plummeting-across-the-globe-evergrande-collapse-explained-11632137993518.html
#Evergrande #China #Stockmarket
#Sensex #Nifty
Why stock markets are plummeting across the globe? Evergrande 'collapse' explained - https://www.livemint.com/market/stock-market-news/why-stock-markets-are-plummeting-across-the-globe-evergrande-collapse-explained-11632137993518.html
#Evergrande #China #Stockmarket
#Sensex #Nifty
mint
Why stock markets are plummeting across the globe? Evergrande 'collapse' explained
Indian shares slid 1% on Monday with the Nifty 50 logging its worst session since July
Stocks to watch 27/09/2021
Positive Stocks.
PVR,Inox
Indiabulls hsg
L&T, IDFC
Nucleus soft
Dalmia bharat
NBCC
SJVN
SUGAR COS
Negative Stocks
Biocon
Zee ent
UBL
Dish TV
Positive Stocks.
PVR,Inox
Indiabulls hsg
L&T, IDFC
Nucleus soft
Dalmia bharat
NBCC
SJVN
SUGAR COS
Negative Stocks
Biocon
Zee ent
UBL
Dish TV
Stocks To Watch
28 Sep 2021
BPCL: Plans invest Rs 1 lakh crore over next 5 years in raising petrochemical production capacity, gas business, clean fuel, and augmenting marketing infrastructure, Chairman Arun Kumar Singh said during a conference. The company is also looking to create a 1,000 MW portfolio of renewable power generation capacity, mostly through acquisitions while also invest in biofuels and hydrogen, he added. The company plans to shut Bina plant for work next year; expects Mumbai plant to restart in first half of October. Divestment is expected by March.
Allcargo Logistics: The company is considering selling a stake in its container shipping firm ECU Worldwide, according to a Bloomberg report. The company is working with an adviser on the sale of the stake. Allcargo is seeking a deal that would value ECU at about $1 billion.
RIL: The company is in talks to buy a stake in Glance InMobi Pte, according to a Bloomberg report. RIL is considering investing about $300 million in the unicorn backed by Alphabet Inc.’s Google.
Adani Enterprises: Adani Airport Holdings, a wholly owned subsidiary of the company, has signed share subscription agreement with April Moon Retail and its existing shareholders--Arjun Ahuja, Karan Ahuja, Aliya Ahuja and Kabir Ahuja--for the purpose of strategic partnership to operate duty free outlets in airports. Adani Airport Holdings to own 74% of April Moon Retail.
Paisalo Digital: State Bank of India has signed a Service Level Agreement with the company, National Corporate Business Correspondent of the Bank, for promoting financial inclusion by providing banking services through kiosks.
RBL Bank: RBI has imposed Rs 2 crore penalty on the bank for contravention of norms on maintaining deposits and guidelines governing appointment of directors on board. RBL Bank had opened five savings deposit accounts in the name of a cooperative bank, RBI said. Report for inspection of supervisory evaluation for FY19 revealed non-compliance.
HDFC: Seeks to raise up to Rs 6000 crore via issue of secured NCDs private placement.
NTPC: The company has won 1.9 GW solar projects under CPSU scheme.
Websol Energy System: The Websol Module has been approved by the Government of India under the list of Approved Module Manufacturer. The company has also received approval of its module from BIS and IEC61215. The ALMM list and BIS certification has made Websol modules eligible to be sold in the domestic market for the project approved under the various schemes of the government.
Raymond: Approves consolidation of the tools & hardware and auto components businesses into unit JK Files and real estate business wholly-owned unit
IndiGo cut to Neutral at Goldman; price target Rs 1,950
28 Sep 2021
BPCL: Plans invest Rs 1 lakh crore over next 5 years in raising petrochemical production capacity, gas business, clean fuel, and augmenting marketing infrastructure, Chairman Arun Kumar Singh said during a conference. The company is also looking to create a 1,000 MW portfolio of renewable power generation capacity, mostly through acquisitions while also invest in biofuels and hydrogen, he added. The company plans to shut Bina plant for work next year; expects Mumbai plant to restart in first half of October. Divestment is expected by March.
Allcargo Logistics: The company is considering selling a stake in its container shipping firm ECU Worldwide, according to a Bloomberg report. The company is working with an adviser on the sale of the stake. Allcargo is seeking a deal that would value ECU at about $1 billion.
RIL: The company is in talks to buy a stake in Glance InMobi Pte, according to a Bloomberg report. RIL is considering investing about $300 million in the unicorn backed by Alphabet Inc.’s Google.
Adani Enterprises: Adani Airport Holdings, a wholly owned subsidiary of the company, has signed share subscription agreement with April Moon Retail and its existing shareholders--Arjun Ahuja, Karan Ahuja, Aliya Ahuja and Kabir Ahuja--for the purpose of strategic partnership to operate duty free outlets in airports. Adani Airport Holdings to own 74% of April Moon Retail.
Paisalo Digital: State Bank of India has signed a Service Level Agreement with the company, National Corporate Business Correspondent of the Bank, for promoting financial inclusion by providing banking services through kiosks.
RBL Bank: RBI has imposed Rs 2 crore penalty on the bank for contravention of norms on maintaining deposits and guidelines governing appointment of directors on board. RBL Bank had opened five savings deposit accounts in the name of a cooperative bank, RBI said. Report for inspection of supervisory evaluation for FY19 revealed non-compliance.
HDFC: Seeks to raise up to Rs 6000 crore via issue of secured NCDs private placement.
NTPC: The company has won 1.9 GW solar projects under CPSU scheme.
Websol Energy System: The Websol Module has been approved by the Government of India under the list of Approved Module Manufacturer. The company has also received approval of its module from BIS and IEC61215. The ALMM list and BIS certification has made Websol modules eligible to be sold in the domestic market for the project approved under the various schemes of the government.
Raymond: Approves consolidation of the tools & hardware and auto components businesses into unit JK Files and real estate business wholly-owned unit
IndiGo cut to Neutral at Goldman; price target Rs 1,950
Positive Stocks
Hdfc
Adani ent
L&T fin
JSPL
Maruti
GSFC
Amara Raja
Raymond
Negative Stocks
RBL Bank
Hdfc
Adani ent
L&T fin
JSPL
Maruti
GSFC
Amara Raja
Raymond
Negative Stocks
RBL Bank