STOCKS ON RADARS
HDFC Bank, HDFC: Stock exchanges give nod for HDFC Bank-HDFC merger. Observation letters of βno adverse observationsβ from BSE and βno objectionβ from NSE for HDFC Bank - HDFC merger.
HDFC: The companyβs profit on sale of investment on account of the Corporationβs 10% stake sale in HDFC Capital Advisors during quarter ended June 30 was Rs 184 crore. Gross income from dividend for the quarter was Rs 687 crore. Pursuant to the buyback option embedded in the home loan arrangement between the company and HDFC Bank, the company assigned loans to HDFC Bank amounting to Rs 9,533 crore
IDFC First Bank: The company's Q1FY23 Business Update showed that advances grew 6.7% QoQ & 21% YoY to Rs 1,37,685 Cr. Retail business represents 65.7% of the overall funded assets as of June 30, 2022 and Commercial business (CV, Business Banking etc.) constitutes 7.8% of the total funded assets. Mortgage business including home loans grew by 32% on a Y-o-Y basis and constituted 37.5% of the retail
Deepak Nitrite: The company carried our restoration steps and submitted stability certificates to government with respect to fire incident at Nandeswari plant. Gujarat Pollution Control Board has issued directions revoking the closure order and allowed the company to operate a part of the plant, 50% of consented capacity of Nitro section.
Hero MotoCorp: The companyβs sales rose 3.34% yoy to 4,84,867 units in June. Domestic motorcycle sales rose 4.5% yoy to 4,61,421 units. Domestic scooter sales fell 15% to 23,446 units. Exports fell 29.3% to 21,657 units.
TVS Motor: The company registered a growth of 22% in June 2022 with sales of 308,501 units. Exports rose 8% to 114,449 units. Total two-wheelers sales grew 23% to 293,715 units. Three-wheeler sales grew by 7% to 14,786 units. Domestic sales include sales of EV that recorded its highest ever sales of 4,667 units, a 77% growth over May 2022.
Bharat Forge: The company has completed the acquisition of JS Autocast Foundry at an enterprise valuation of Rs 489.63 crore.
Mahindra & Mahindra: The company sold 54,096 vehicles in June 2022. The domestic passenger car sales grew 59% year-on-year to 26,880 units in June 2022. Exports rose 7% to 2,777 units.
Muthoot Finance: It has received permission from the Reserve Bank of India to open 150 new branches.
Metropolis Health: The company has received NCLT approval for merger of Bokil Golwilkar Metropolis Healthcare, Desai Metropolis Health Services, Patel Metropolis Healthcare, Lab One Metropolis Healthcare Services, Micron Metropolis Healthcare, R. V. Metropolis Diagnostic & Health Care Center, Raj Metropolis and Sudharma Metropolis Health Services with the company.
HDFC Bank, HDFC: Stock exchanges give nod for HDFC Bank-HDFC merger. Observation letters of βno adverse observationsβ from BSE and βno objectionβ from NSE for HDFC Bank - HDFC merger.
HDFC: The companyβs profit on sale of investment on account of the Corporationβs 10% stake sale in HDFC Capital Advisors during quarter ended June 30 was Rs 184 crore. Gross income from dividend for the quarter was Rs 687 crore. Pursuant to the buyback option embedded in the home loan arrangement between the company and HDFC Bank, the company assigned loans to HDFC Bank amounting to Rs 9,533 crore
IDFC First Bank: The company's Q1FY23 Business Update showed that advances grew 6.7% QoQ & 21% YoY to Rs 1,37,685 Cr. Retail business represents 65.7% of the overall funded assets as of June 30, 2022 and Commercial business (CV, Business Banking etc.) constitutes 7.8% of the total funded assets. Mortgage business including home loans grew by 32% on a Y-o-Y basis and constituted 37.5% of the retail
Deepak Nitrite: The company carried our restoration steps and submitted stability certificates to government with respect to fire incident at Nandeswari plant. Gujarat Pollution Control Board has issued directions revoking the closure order and allowed the company to operate a part of the plant, 50% of consented capacity of Nitro section.
Hero MotoCorp: The companyβs sales rose 3.34% yoy to 4,84,867 units in June. Domestic motorcycle sales rose 4.5% yoy to 4,61,421 units. Domestic scooter sales fell 15% to 23,446 units. Exports fell 29.3% to 21,657 units.
TVS Motor: The company registered a growth of 22% in June 2022 with sales of 308,501 units. Exports rose 8% to 114,449 units. Total two-wheelers sales grew 23% to 293,715 units. Three-wheeler sales grew by 7% to 14,786 units. Domestic sales include sales of EV that recorded its highest ever sales of 4,667 units, a 77% growth over May 2022.
Bharat Forge: The company has completed the acquisition of JS Autocast Foundry at an enterprise valuation of Rs 489.63 crore.
Mahindra & Mahindra: The company sold 54,096 vehicles in June 2022. The domestic passenger car sales grew 59% year-on-year to 26,880 units in June 2022. Exports rose 7% to 2,777 units.
Muthoot Finance: It has received permission from the Reserve Bank of India to open 150 new branches.
Metropolis Health: The company has received NCLT approval for merger of Bokil Golwilkar Metropolis Healthcare, Desai Metropolis Health Services, Patel Metropolis Healthcare, Lab One Metropolis Healthcare Services, Micron Metropolis Healthcare, R. V. Metropolis Diagnostic & Health Care Center, Raj Metropolis and Sudharma Metropolis Health Services with the company.
πGLOBAL markets
π΅ASIA
π΅USA
π΄SGX NIFTY 21 β¬οΈ
FII & DII CASH ACTIVITY
πFIIS Net Sellers
πDIIS Net Buyers
Fiis F&O activity
FUTURES DATA
Net long 15% at from 15%
Net short 85% at from 85%
FIIs options data Which is Negative
βοΈOverall Fiis activity is Negative
F&O BAN
Nill
Wish you a profitable dayπ
π΅ASIA
π΅USA
π΄SGX NIFTY 21 β¬οΈ
FII & DII CASH ACTIVITY
πFIIS Net Sellers
πDIIS Net Buyers
Fiis F&O activity
FUTURES DATA
Net long 15% at from 15%
Net short 85% at from 85%
FIIs options data Which is Negative
βοΈOverall Fiis activity is Negative
F&O BAN
Nill
Wish you a profitable dayπ
STOCKS in ACTION 4 July
Birlasoft Ltd announces record date for buyback of equity shares
Mazagon Dock Shipbuilders launches Fuel Cell Electric Vessel prototype
V-Mart Retail Ltd opens 11 new stores in Q1 FY2022-23
Glenmark Pharmaceuticals Ltd USFDA issues Form 483 for Glenmark Pharmaceuticals Ltd's Aurangabad facility
Ashoka Buildcon Limited JV emerges lowest bidder for Rs. 611 crore project
Muthoot Finance: It has received permission from the Reserve Bank of India to open 150 new branches
Metropolis Health: The company has
received NCLT approval for merger of Bokil Golwilkar Metropolis Healthcare, Desai Metropolis Health Services, Patel Metropolis Healthcare, Lab One Metropolis Healthcare Services, Micron Metropolis Healthcare, R. V. Metropolis Diagnostic & Health Care Center, Raj Metropolis and
Sudharma Metropolis Health Services with the company.
HDFC Bank, HDFC: Stock exchanges give nod for HDFC Bank-HDFC merger. Observation
letters of 'no adverse observations' from BSE and 'no objection' from NSE for HDFC Bank - HDFC merger
HDFC: The company's profit on sale of investment on account of the Corporation's 10% stake sale in HDFC Capital Advisors during
quarter ended June 30 was Rs 184 crore. Gross income from dividend for the quarter was Rs 687 crore. Pursuant to the buyback option embedded in the home loan arrangement between the company and HDFC Bank, the company assigned loans to HDFC Bank
amounting to Rs 9,533 crore.
VA Tech Wabag Ltd resumes AGCC Russia project
Mafatlal Industries Ltd completes sale of Vrata Tech Solution Pvt. Ltd
Bharat Forge successfully completes acquisition of JS Autocast
Getalong Enterprise Ltd updates on export orders in June 2022
Hindustan Foods completes acquisition of Reckitt Benckiser Scholl India Pvt Ltd
Endurance Technologies: The company has acquired 51% of the share capital in Maxwell Energy Systems for Rs 135 crore. Balance 49% stake will be purchased in a phased manner in five tranches, spread over the next five financial
years
Brigade Enterprises: WTC Trades &
Projects, a wholly owned subsidiary of the company has acquired 63% stake in Tandem Allied Services for Rs 51.03 crore.
Asian Granito's wholly owned subsidiary Future Ceramics commence work on Glazed Vitrified plant at Morbi
CIL Nova Petrochemicals's Manufacturing Plant shut down for maintenance work of Captive Power Plant
NMDC: The company's sale of iron ore fell 40.25% yoy to 1.9 MT in June and production fell 13.75% to 2.57 MT.
Deepak Nitrite: The company carried our restoration steps and submitted stability certificates to government with respect to fire incident at Nandeswari plant. Gujarat Pollution Control Board has issued directions revoking the closure order and allowed the company to operate a part of the plant, 50% of consented capacity of Nitro section
Jaiprakash Associates: The company has defaulted on loans of Rs 3,091 crore as on May 31.
Birlasoft Ltd announces record date for buyback of equity shares
Mazagon Dock Shipbuilders launches Fuel Cell Electric Vessel prototype
V-Mart Retail Ltd opens 11 new stores in Q1 FY2022-23
Glenmark Pharmaceuticals Ltd USFDA issues Form 483 for Glenmark Pharmaceuticals Ltd's Aurangabad facility
Ashoka Buildcon Limited JV emerges lowest bidder for Rs. 611 crore project
Muthoot Finance: It has received permission from the Reserve Bank of India to open 150 new branches
Metropolis Health: The company has
received NCLT approval for merger of Bokil Golwilkar Metropolis Healthcare, Desai Metropolis Health Services, Patel Metropolis Healthcare, Lab One Metropolis Healthcare Services, Micron Metropolis Healthcare, R. V. Metropolis Diagnostic & Health Care Center, Raj Metropolis and
Sudharma Metropolis Health Services with the company.
HDFC Bank, HDFC: Stock exchanges give nod for HDFC Bank-HDFC merger. Observation
letters of 'no adverse observations' from BSE and 'no objection' from NSE for HDFC Bank - HDFC merger
HDFC: The company's profit on sale of investment on account of the Corporation's 10% stake sale in HDFC Capital Advisors during
quarter ended June 30 was Rs 184 crore. Gross income from dividend for the quarter was Rs 687 crore. Pursuant to the buyback option embedded in the home loan arrangement between the company and HDFC Bank, the company assigned loans to HDFC Bank
amounting to Rs 9,533 crore.
VA Tech Wabag Ltd resumes AGCC Russia project
Mafatlal Industries Ltd completes sale of Vrata Tech Solution Pvt. Ltd
Bharat Forge successfully completes acquisition of JS Autocast
Getalong Enterprise Ltd updates on export orders in June 2022
Hindustan Foods completes acquisition of Reckitt Benckiser Scholl India Pvt Ltd
Endurance Technologies: The company has acquired 51% of the share capital in Maxwell Energy Systems for Rs 135 crore. Balance 49% stake will be purchased in a phased manner in five tranches, spread over the next five financial
years
Brigade Enterprises: WTC Trades &
Projects, a wholly owned subsidiary of the company has acquired 63% stake in Tandem Allied Services for Rs 51.03 crore.
Asian Granito's wholly owned subsidiary Future Ceramics commence work on Glazed Vitrified plant at Morbi
CIL Nova Petrochemicals's Manufacturing Plant shut down for maintenance work of Captive Power Plant
NMDC: The company's sale of iron ore fell 40.25% yoy to 1.9 MT in June and production fell 13.75% to 2.57 MT.
Deepak Nitrite: The company carried our restoration steps and submitted stability certificates to government with respect to fire incident at Nandeswari plant. Gujarat Pollution Control Board has issued directions revoking the closure order and allowed the company to operate a part of the plant, 50% of consented capacity of Nitro section
Jaiprakash Associates: The company has defaulted on loans of Rs 3,091 crore as on May 31.
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TAKE IF ACTIVE TRENT ABOVE 1100 TARGET 1102_1104_1110++ SL 1080
1107.50πππ
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TAKE IF ACTIVE TRENT ABOVE 1100 TARGET 1102_1104_1110++ SL 1080
Target 2 achievedπ