Today's Panchang.

US Treasury compares Bitcoin to digital gold.

The "primary use case for Bitcoin seems to be a store of value aka digital gold."

RM Rajnath Singh attending the Commissioning Ceremony of INS Tushil at Kaliningrad, Russia.

🚨 BREAKING

BJP leader & former Karnataka CM SM Krishna passes away at 92.

Om Shanti 🙏

https://x.com/MeghUpdates/status/1866304538409582688

🚨 Donald Trump few years back issues BIG statement on Barack Obama & Hillary Clinton.

He said, "former US President Barack Obama is the founder of ISIS and Hillary Clinton is the co-founder." 🎯

https://x.com/MeghUpdates/status/1866309143294095851

Prahlad Iyengar belongs to a community which does not celebrate Diwali even today to mourn their 800 ancestors who were massacred by a peaceful Qaum.

Today, he has dedicated his life for the future of the same Qaum. He speaks like them. Dresses himself like them. Acts like them.

Prahlad is MIT (US) PHD Student and MIT has expelled Prahlad Iyengar for Palestine activism on campus.

📌 Delhi Court issued summons to Bollywood actor Dharmendra and two others in a cheating case related to Garam Dharam Dhaba.

Summon is issued on a complaint filed by a Delhi businessman who alleged cheating by luring him to invest in the franchise of Garam Dharam Dhaba.

President-elect Trump nominates lawyer Harmeet Dhillon for assistant Attorney General for civil rights

The Omar Abdullah-led NC Government has allocated districts among the ministers of his cabinet for the effective implementation of the developmental programmes and close monitoring of the public services.

🚨 BREAKING

Syria’s Prime Minister Mohammed Ghazi Jalali said on Monday that most Cabinet Ministers are still working from offices in Damascus after militants entered the capital over the weekend and overthrew President Bashar al-Assad.

📌 BIG BREAKING

'Krishna Mutt' honoured RSS Chief Mohan Bhagwat with the title 'Hindu Samrat' 🚩

'Krishna Mutt' conferred him with Sri Krishna Geethanugraha Award for his immense contribution to the protection of Sanatan Dharma 🔥

https://x.com/MeghUpdates/status/1866324556094619915

📌 Noida-based start-up YesMadam, fired around 100 employees for admitting to experience work-related stress in an internal survey. (TOI)

📌 India has got 6 startups that have become unicorns ($1 billion valuation) in 2024.

Ather Energy
Krutrim
Moneyview
Perfios
Rapido
RateGain

📌 In 2013: 18 demands put forward by Kejriwal's AAP
Stop VIP culture in Delhi, no red beacons, no BIG bungalows for govt officials 🔥

In 2024, Kejriwal's official bungalow has a 'SPA' bigger than the homes of many Delhi people 🎯

"Kattar Imaandaar" 👌

https://x.com/MeghUpdates/status/1866335685801902396

Tilak on the forehead, saffron scarf around the neck, trident in the hand...name Mohammad Umar.

Barabanki, UP Police has arrested 7 cow smugglers namely Sarwar, Gufran, Umar, Ankul Gupta, Irfan, Navijan, Aziz.

Police said- "Umar used to smuggle cows in the guise of a sadhu so that no one would suspect him"

https://x.com/MeghUpdates/status/1866339574458273992

LIFE INSURANCE NOVEMBER BIZ UPDATE

Life Insurance Industry Premiums Dragged Down By LIC, Pvt Insurers Post Strong Growth

Insurance Industry Premium (November, YoY)
Total Industry Premium -4%
Pvt Life Insurers Premium +31%
*Total Private APE +44%
*Private Retail APE +15%

HDFC LIFE ((Weak Growth On Favourable Base))
Nov Premium +13% ((Nov 2023: -21%))
8MFY25 Premium +14% (YoY)
Nov Total APE +3% ((Nov 2023: -8%))
Nov Retail APE +3% ((Nov 2023: -4%))

I-PRU LIFE ((Strong Growth On Favourable Base))
Nov Premium +1.5X ((Nov 2023: +2%))
8MFY25 Premium +35% (YoY)
Nov Total APE +2.7X ((Nov 2023: -7%))
Nov Retail APE +28% ((Nov 2023: -3%))

MAX LIFE ((Good Growth On A Decent Base))
Nov Premium +21% ((Nov 2023: +8%))
8MFY25 Premium +19% (YoY)
Nov Total APE +25% ((Nov 2023: +9%))
Nov Retail APE +25% ((Nov 2023: +8%))

SBI LIFE ((Weak Growth On A Favourable Base))
Nov Premium +8% ((Nov 2023: -10%))
8MFY25 Premium -2% (YoY)
Nov Total APE +10% ((Nov 2023: -4%))
Nov Retail APE +9% ((Nov 2023: -3%))

LIC ((Weak Growth On A Favourable Base))
Nov Premium -27% ((Nov 2023: -33%))
8MFY25 Premium +16% (YoY)
Nov Total APE -19% ((Nov 2023: -26%))
Nov Retail APE -12% ((Nov 2023: -9%))

🚨 Gujarat has become the first state to telecast live court proceedings on YouTube.

Consistent Winners: 14 stocks soar over 50% in last 3 calendar years |

Mazagon Dock Shipbuilders |

In the last 3 years, the stock surged by 1,787% to Rs 4,879. In CY22, it rallied 185%, in CY23 it soared 187%, and so far in CY24, it has increased by 114%.

Apar Industries |

Over the last 3 years, the stock skyrocketed 1,390% to Rs 9,990. In CY22, it rose 130%, in CY23 it jumped 237%, and in CY24 it's up by 65%.

Jupiter Wagons |

In the past 3 years, the stock surged 1,290% to Rs 493. It gained 110% in CY22, 248% in CY23, and has risen by 54% so far in CY24.

Rail Vikas Nigam |

Over the last 3 years, the stock rallied 1,271% to Rs 465. It gained 96% in CY22, surged by 166% in CY23, and has risen by 156% so far in CY24.

Lloyds Metals & Energy |

In the last 3 years, the stock surged by 1,157% to Rs 1,051. It climbed by 144% in CY22, 144% in CY23, and is up by 75% so far in CY24.

Himadri Speciality Chemical |

Over the last 3 years, the stock soared by 1,157% to Rs 571. It gained 123% in CY22, 207% in CY23, and is up by 84% so far in CY24.

HBL Engineering |

In the last 3 years, the stock surged by 1,020% to Rs 674. It rose by 68% in CY22, surged by 313% in CY23, and has increased by 55% in CY24 so far.

Kalyan Jewellers India |

Over the last 3 years, the stock gained 981% to Rs 732. It increased by 85% in CY22, surged by 180% in CY23, and is up by 106% in CY24 so far.

Cochin Shipyard |

In the last 3 years, the stock rose by 873% to Rs 1,680. It gained 50% in CY22, surged by 153% in CY23, and is up by 148% in CY24 so far.

Schneider Electric Infrastructure |

Over the last 3 years, the stock rallied by 700% to Rs 833. It rose by 56% in CY22, surged by 148% in CY23, and has increased by 104% in CY24 so far.

Hindustan Aeronautics |

In the last 3 years, the stock surged by 614% to Rs 4,563. It gained 109% in CY22, 121% in CY23, and is up by 63% in CY24 so far.

Kirloskar Oil Engines |

Over the past 3 years, the stock surged by 496% to Rs 1,121. It rose by 74% in CY22, 103% in CY23, and is up by 71% in CY24 so far.

Tata Investment Corporation |

In the last 3 years, the stock gained 377% to Rs 6,897. It rose by 56% in CY22, 103% in CY23, and is up by 61% in CY24 so far.

Solar Industries India |

Over the past 3 years, the stock rallied by 296% to Rs 1,0811. It increased by 82% in CY22, 53% in CY23, and is up by 61% so far in CY24.

(Source: ET)

STOCKS IN ACTION TODAY

◆ Hardwyn India: The company signed an MoU with Gyalsung Infra, Bhutan, to supply architectural hardware and glass fittings. According to the MoU, the products will be supplied for two years and will be valued at approximately Rs 5 crore.

◆ JSW Steel: The company reported consolidated crude steel production in November at 23.2 lakh tonnes. The Indian operation production grew 7% year-on-year, while consolidated crude steel production grew by 5% year-on-year.

◆ Insurance Companies: Insurance stocks will be in focus on the back of data released by the Life Insurance Council for November.

◆ Bharat Forge: The company has closed its QIP and set an issue price of Rs 1,320 per share.

◆ Bajaj Finserv: Bajaj Allianz General Insurance's gross direct premium stood at Rs 1,365 crore in November. Bajaj Allianz Life's total new business was at Rs 659 crore.

◆ Bharat Electronics: The company received an order worth Rs 634 crore.

◆ Vodafone Idea: The company approved the issuance of 176 crore shares on a preferential basis of up to Rs 1,980 crore. The company approved the issue of shares to Omega Telecom and Usha Martin.

◆ Bajaj Healthcare: The company is entering into a definitive CDMO contract with UK-based companies for 15 new APIs. The new CDMO pipeline has a mix of, off-patent generic APIs as well as APIs that are still under patent.

◆ HMA Agro Industries: The company entered into facilities agreement with Al Raiyan Export for slaughtering, processing of frozen buffalo meat.

◆ PG Electroplast: The company closed its QIP and set an issue price of Rs 699 per share. The issue price indicates a 0.88% discount to the floor price.

◆ Metropolis Healthcare: The company acquired Core Diagnostics for Rs 247 crore to become a leading cancer testing company. This strategic acquisition will enhance Metropolis' capabilities in advanced cancer testing, while deepening its presence in northern and eastern India and driving market-share expansion in the specialised segment across the country.

◆ NHPC: The company on Dec. 12. will meet to consider and approve the revised borrowing plan of Rs 2,600 crore for raising debt during the financial year ending March 2025.

◆ Lupin: The public insurer Life Insurance Corp. reduced its stake in the company to 2.542% from 4.569%.

◆ ICICI Prudential Insurance: The company reported a 149.6% year-on-year rise in new business premiums and new business sum assured was up 20.5% year-on-year for the month of November.

◆ Cellecor Gadgets: The company partnered with TCI Express, DTDC Express, OM Logistics, Express Roadways to strengthen its supply chain efficiency.

◆ Balu Forge Industries: The company to introduce new technology for high-precision machining. It aims to expand its product portfolio into high precision and critical components namely in the areas of aerospace, defence, railways, oil & gas.

◆ DCM Shriram: The company entered a definitive pact with JSW Renew Energy Thirty-Two for the renewable power project.

◆ Centrum Capital: The company's arm Centrum Finverse received a certificate of registration from CDSL.

◆ Karur Vysya Bank: The bank revised the base rate to 11.7% from 11.8% and revised BPLR to 16.7% from 16.8% effective Dec. 13.

◆ Zota Health Care: The company received a registration licence for 12 products from the Department of Pharmaceutical Administration, Vietnam.

◆ Pennar Industries: To consider entering a joint venture to expand its business.