PHOENIX MILS Q3 : Mutual Funds ⬆️ Stake to 17.60 % From 16.92 % Earlier
Foreign Funds Cuts ⬇️ to 31.60 % from 32.29 % Stake earlier
Foreign Funds Cuts ⬇️ to 31.60 % from 32.29 % Stake earlier
ADANI ENT Q3 : LIC Raises Stake To 3.15 % From 2.22 % stake Earlier During Q3
Stocks to watch
👉Tata Power: Tata Power Renewable Energy commissioned two Solar Power projects of 50 MW each at Prayagraj, and Banda in Uttar Pradesh.
👉Tech Mahindra: The company acquired Com Tec Co IT for Rs 2,627.97 crore including earnouts and synergy linked payouts. It is also investing a cumulative amount of Rs 169.55 crore, in SWFT and Surance, for a 25% ownership in each of the two InsurTech ventures funded by the same founding group as CTC.
👉IIFL Finance: The company will consider interim dividend on Jan. 27.
👉Indian Energy Exchange: The company has executed a Share Purchase Agreement by and between IEX, Indian Oil Corporation and Indian Gas Exchange, subsidiary of the IEX, for sale of 4.93% stake in IGX to IOCL consisting of 36,93,750 equity shares, having a face value of Rs. 10 each.
👉HFCL: The company reported consolidated revenue of Rs 1215.21 crore, up by 8.29% in Q3 on sequential basis. Net profit fell 5.81% as compared to previous quarter to Rs 81.10 in Q3. EBITDA margin fell 110 bps at 14.32% in Q3. It will also expand capacity of Optical Fibre and Optical Fibre cable to 22 mfkm/p.a and o 34.75 mfkm/p.a respectively with a cumulative investment of Rs 425 crore.
👉Care Edge: The company will consider declaration of interim dividend on Jan. 28.
👉Cholamandalam Investment and Finance: The company has signed a Shareholders Agreement and a Share Purchase Agreement with Payswiff, its founders and other existing shareholders to make a strategic investment not exceeding Rs 450 crore. It will hold up to 72.12% of the equity capital of Payswiff on a fully diluted basis and Payswiff consequently will become a subsidiary of the company.
👉 Tatva Chintan Pharma Chem: The company’s revenue from operations stood at Rs 104.6 crore in Q3, up by 31% YoY. Net profit for for the quarter rose 9% YoY and stood at Rs 22.80 crore.
👉Dilip Buildcon: The construction of four lanes of Yavatmal to Wardha section of NH-361 in Maharashtra under NHDP Phase -IV on Hybrid Annuity mode has been completed.
👉Bosch: The company has appointed Karin Gilges as the Chief Financial Officer.
👉Hathway: Revenue falls 10.75% at Rs 163.12 crore as compared to Rs 182.76 crore sequentially. Net profit also fell from Rs 11.31 crores in Q2 to Rs 9.98 crore in Q3.
👉Angel One: The company reported total income of Rs 607.1 crore in Q3, up by 12.8% sequentially. Net profit rose 22.6% to Rs 164.6 crore for Q3 on sequential basis. It also announced third interim dividend of Rs 7 per share.
👉Goodluck India: The company reported highest ever quarterly turnover and profit of Rs.705.80 crore and Rs. 20.16 crore respectively. EBITDA per ton for Q3 stood at Rs. 6,557 as against Rs. 5,251 on a sequential basis.
👉MosChip Technologies: The company reported income from operations at Rs 38.29 crore. Profit after tax was up by 32% to Rs. 2.11 crore sequentially. EBIDTA increased from Rs. 5.83 crores to Rs 6.38 crores, an increase by 9% QoQ.
👉PTC Industries: Allotment of 20 hectares of land by UPEIDA to company’s wholly owned subsidiary Aerolloy Technologies in the Lucknow node of the UP Defence Industrial Corridor. The Company intends to set up fully integrated material manufacturing capabilities of all exotic materials, including Titanium, Cobalt, and Nickle Superalloys, at this facility with the total peak manufacturing capacity of 5,000 tonnes per annum.
👉Strides: The company received USFDA approval for Oseltamivir Phosphate for Oral Suspension. The product is bioequivalent and therapeutically equivalent to the Reference Listed Drug, Tamiflu for Oral Suspension, 6 mg/mL, of Hoffmann-La Roche.
👉Nesco: The company will pursue process of voluntary liquidation of its wholly owned subsidiary Nesco Hospitality.
👉KPI Global Infrastructure: Announced second interim dividend of Rs 0.4 per share.
👉Vikas Lifecare: The company’s lates acquisition Genesis Gas Solutions received orders totalling Rs 5.
👉Tata Power: Tata Power Renewable Energy commissioned two Solar Power projects of 50 MW each at Prayagraj, and Banda in Uttar Pradesh.
👉Tech Mahindra: The company acquired Com Tec Co IT for Rs 2,627.97 crore including earnouts and synergy linked payouts. It is also investing a cumulative amount of Rs 169.55 crore, in SWFT and Surance, for a 25% ownership in each of the two InsurTech ventures funded by the same founding group as CTC.
👉IIFL Finance: The company will consider interim dividend on Jan. 27.
👉Indian Energy Exchange: The company has executed a Share Purchase Agreement by and between IEX, Indian Oil Corporation and Indian Gas Exchange, subsidiary of the IEX, for sale of 4.93% stake in IGX to IOCL consisting of 36,93,750 equity shares, having a face value of Rs. 10 each.
👉HFCL: The company reported consolidated revenue of Rs 1215.21 crore, up by 8.29% in Q3 on sequential basis. Net profit fell 5.81% as compared to previous quarter to Rs 81.10 in Q3. EBITDA margin fell 110 bps at 14.32% in Q3. It will also expand capacity of Optical Fibre and Optical Fibre cable to 22 mfkm/p.a and o 34.75 mfkm/p.a respectively with a cumulative investment of Rs 425 crore.
👉Care Edge: The company will consider declaration of interim dividend on Jan. 28.
👉Cholamandalam Investment and Finance: The company has signed a Shareholders Agreement and a Share Purchase Agreement with Payswiff, its founders and other existing shareholders to make a strategic investment not exceeding Rs 450 crore. It will hold up to 72.12% of the equity capital of Payswiff on a fully diluted basis and Payswiff consequently will become a subsidiary of the company.
👉 Tatva Chintan Pharma Chem: The company’s revenue from operations stood at Rs 104.6 crore in Q3, up by 31% YoY. Net profit for for the quarter rose 9% YoY and stood at Rs 22.80 crore.
👉Dilip Buildcon: The construction of four lanes of Yavatmal to Wardha section of NH-361 in Maharashtra under NHDP Phase -IV on Hybrid Annuity mode has been completed.
👉Bosch: The company has appointed Karin Gilges as the Chief Financial Officer.
👉Hathway: Revenue falls 10.75% at Rs 163.12 crore as compared to Rs 182.76 crore sequentially. Net profit also fell from Rs 11.31 crores in Q2 to Rs 9.98 crore in Q3.
👉Angel One: The company reported total income of Rs 607.1 crore in Q3, up by 12.8% sequentially. Net profit rose 22.6% to Rs 164.6 crore for Q3 on sequential basis. It also announced third interim dividend of Rs 7 per share.
👉Goodluck India: The company reported highest ever quarterly turnover and profit of Rs.705.80 crore and Rs. 20.16 crore respectively. EBITDA per ton for Q3 stood at Rs. 6,557 as against Rs. 5,251 on a sequential basis.
👉MosChip Technologies: The company reported income from operations at Rs 38.29 crore. Profit after tax was up by 32% to Rs. 2.11 crore sequentially. EBIDTA increased from Rs. 5.83 crores to Rs 6.38 crores, an increase by 9% QoQ.
👉PTC Industries: Allotment of 20 hectares of land by UPEIDA to company’s wholly owned subsidiary Aerolloy Technologies in the Lucknow node of the UP Defence Industrial Corridor. The Company intends to set up fully integrated material manufacturing capabilities of all exotic materials, including Titanium, Cobalt, and Nickle Superalloys, at this facility with the total peak manufacturing capacity of 5,000 tonnes per annum.
👉Strides: The company received USFDA approval for Oseltamivir Phosphate for Oral Suspension. The product is bioequivalent and therapeutically equivalent to the Reference Listed Drug, Tamiflu for Oral Suspension, 6 mg/mL, of Hoffmann-La Roche.
👉Nesco: The company will pursue process of voluntary liquidation of its wholly owned subsidiary Nesco Hospitality.
👉KPI Global Infrastructure: Announced second interim dividend of Rs 0.4 per share.
👉Vikas Lifecare: The company’s lates acquisition Genesis Gas Solutions received orders totalling Rs 5.
Good results 🟢✅
Bajaj Finance
DCM shriram
Alok Industries.
Tata elxsi
Shree Ganesh Remedies
Bajaj Finance
DCM shriram
Alok Industries.
Tata elxsi
Shree Ganesh Remedies
PAYTM SHARES HITS RECORD LOW OF 990 RUPEES
Inflation
UK inflation at 5.4% in December 2021 above the market estimate of 5.2%. It is the highest since March 1992
CNBC_Awaaz
Inflation
UK inflation at 5.4% in December 2021 above the market estimate of 5.2%. It is the highest since March 1992
CNBC_Awaaz
Indiabulls Housing Finance
Rakesh Jhunjhunwala bought 35 lakh (7.51%) shares at the price of Rs 219 apiece. Rekha Jhunjhunwala bought 15 lakh (3.22%) shares at Rs 219 apiece.
Rare Enterprises Sold ( Rakesh Jhunjhunwala Owned Co. ) 50 lakh (10.74%) shares at the price of Rs 219 apiece.
Rakesh Jhunjhunwala bought 35 lakh (7.51%) shares at the price of Rs 219 apiece. Rekha Jhunjhunwala bought 15 lakh (3.22%) shares at Rs 219 apiece.
Rare Enterprises Sold ( Rakesh Jhunjhunwala Owned Co. ) 50 lakh (10.74%) shares at the price of Rs 219 apiece.
UBS on TVS Motors
Initiate buy, TP Rs 1000
Offers strong fundamentals amid uncertainty
Well positioned on EVs
With a significant moderation in range claims by start-ups, upcoming iQube+ launch with real world range of >100km should significantly enhance co’s EV volumes
Initiate buy, TP Rs 1000
Offers strong fundamentals amid uncertainty
Well positioned on EVs
With a significant moderation in range claims by start-ups, upcoming iQube+ launch with real world range of >100km should significantly enhance co’s EV volumes
Good results after market close✅
🟢ICICI bank
🟢Reliance industries
🟢Vardhman textiles
🟢Jasch inds
🟢Max Ventures and Industries
🟢Sangam
🟢Sportking
🟢Sharda cropchem
🟢Tanla platforms
🟢Nano caps
🟢Nakoda Group of Industries
🟢ICICI bank
🟢Reliance industries
🟢Vardhman textiles
🟢Jasch inds
🟢Max Ventures and Industries
🟢Sangam
🟢Sportking
🟢Sharda cropchem
🟢Tanla platforms
🟢Nano caps
🟢Nakoda Group of Industries
Positive Stock
Reliance Ind
ICICI Bank
Bandhan Bank
CSB Bank
Wonderla
ONGC
Inox leisure
Supreme petchem
Tanla platforms
Vardhana text
Negative Stock
Yes Bank
L&T finance
Vodafone Idea
Reliance Ind
ICICI Bank
Bandhan Bank
CSB Bank
Wonderla
ONGC
Inox leisure
Supreme petchem
Tanla platforms
Vardhana text
Negative Stock
Yes Bank
L&T finance
Vodafone Idea
LINDE INDIA :Co. informs that the Board of Directors of the Company has approved a capital expenditure proposal for setting-up of a 264 tonnes per day merchant Air Separation Unit in New Industrial Park, Hero Hitech Cycle Valley near Ludhiana in Punjab to secure growth in the gases business in Northern markets and deliver cost savings.
The Board has approved a total capital expenditure of Rs.1,521 million towards the construction of the aforesaid air separation plant, which is expected to be on stream by December 2023.
This capital expenditure will be financed by the Company’s own sources/internal accruals
The Board has approved a total capital expenditure of Rs.1,521 million towards the construction of the aforesaid air separation plant, which is expected to be on stream by December 2023.
This capital expenditure will be financed by the Company’s own sources/internal accruals
BANDHAN BANK : NPA borrowers paying back dues: Bandhan Bank CEO
Bandhan Bank is witnessing an improvement in customer repayment behaviour, with a majority of even those whose loans have been recast restarting payments, chief executive Chandra Shekhar Ghosh said. According to Ghosh, the third wave has not materially altered the income stream of Bandhan’s borrowers, and 66% of borrowers whose loans had turned non-performing are repaying some portion of their past dues, in a sign of improvement on the ground.
Bandhan Bank is witnessing an improvement in customer repayment behaviour, with a majority of even those whose loans have been recast restarting payments, chief executive Chandra Shekhar Ghosh said. According to Ghosh, the third wave has not materially altered the income stream of Bandhan’s borrowers, and 66% of borrowers whose loans had turned non-performing are repaying some portion of their past dues, in a sign of improvement on the ground.
Top 5 stocks in which FII increased stake in Dec Quarter
IRB INFRA 34.81 %
DeepakFer 10.38%
Saregama 07.03%
Lodha Dev. 06.54%
SupremeInd 05.78%
% bought by FII in last quarter
IRB INFRA 34.81 %
DeepakFer 10.38%
Saregama 07.03%
Lodha Dev. 06.54%
SupremeInd 05.78%
% bought by FII in last quarter