Equity99
Falling wedge break out lickely on the daily chart of AARTRCH SOLONICS Look at the DAILY chart of AARTECH SOLONICS. Stock is ready to give a falling wedge break out after a long down trend. Now expect a big rally upto 63/70 in this counter...
Ready to break 55 ⚡️⚡️⚡️ once break it go above 69
Morning Alert..
*Mid-term exits by independent directors at highest level since 2017*
The number of independent directors in listed companies leaving office this year before the end of their term is the highest since 2017, the earliest year for which the data on this is available. There have been 510 resignations as of the middle of December, shows the data from primeinfobase.com. The figure last year was 393. The number of exits has picked up significantly since the pandemic. There were 265 mid-term cessations in 2019, the year before the pandemic. The last few years have seen more pressure on independent directors to deliver, according to Shriram Subramanian, founder and managing director, domestic proxy advisor InGovern Research Services. “There is an increasing (amount of) focus and scrutiny,” he said. A proxy advisory firm provides guidance on company resolutions, including the appointment of directors, to shareholders. The reasons given for the resignations include being occupied with other matters, and personal and health factors. Some have cited regulatory norms, joining the board of other companies, and conflict of interest.
*Global market action*
Dow Jones – Up by 0.13% or 62.65 points
FTSE – CLOSED
CAC – CLOSED
DAX – CLOSED
Gift Nifty – Down by 0.20% or 52.00 points
*FII/DII activities*
FII – Sold 1721.26Cr worth of shares
DII – Bought 2381.34Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.8x
Nifty Bank – 16.5x
*Stocks with high delivery percentage*
Abbott India Ltd – 91%
Aditya Birla Lifestyle Brands Ltd – 85.2%
Nippon Life India Asset Management Ltd – 83%
Cholamandalam Financial Holdings Ltd – 80.3%
Krishna Institute of Medical Sciences Ltd – 80.3%
*Primary market activities*
IPO opening today
E to E Transportation Infrastructure Ltd (NSE SME) – Issue size 84.22Cr
*Commodities updates*
Gold – Rs 138179/10gm, Silver – Rs 223730/kg, Brcrude – Rs 5086/barrel, Copper – Rs 1157.50/kg.
*Mid-term exits by independent directors at highest level since 2017*
The number of independent directors in listed companies leaving office this year before the end of their term is the highest since 2017, the earliest year for which the data on this is available. There have been 510 resignations as of the middle of December, shows the data from primeinfobase.com. The figure last year was 393. The number of exits has picked up significantly since the pandemic. There were 265 mid-term cessations in 2019, the year before the pandemic. The last few years have seen more pressure on independent directors to deliver, according to Shriram Subramanian, founder and managing director, domestic proxy advisor InGovern Research Services. “There is an increasing (amount of) focus and scrutiny,” he said. A proxy advisory firm provides guidance on company resolutions, including the appointment of directors, to shareholders. The reasons given for the resignations include being occupied with other matters, and personal and health factors. Some have cited regulatory norms, joining the board of other companies, and conflict of interest.
*Global market action*
Dow Jones – Up by 0.13% or 62.65 points
FTSE – CLOSED
CAC – CLOSED
DAX – CLOSED
Gift Nifty – Down by 0.20% or 52.00 points
*FII/DII activities*
FII – Sold 1721.26Cr worth of shares
DII – Bought 2381.34Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.8x
Nifty Bank – 16.5x
*Stocks with high delivery percentage*
Abbott India Ltd – 91%
Aditya Birla Lifestyle Brands Ltd – 85.2%
Nippon Life India Asset Management Ltd – 83%
Cholamandalam Financial Holdings Ltd – 80.3%
Krishna Institute of Medical Sciences Ltd – 80.3%
*Primary market activities*
IPO opening today
E to E Transportation Infrastructure Ltd (NSE SME) – Issue size 84.22Cr
*Commodities updates*
Gold – Rs 138179/10gm, Silver – Rs 223730/kg, Brcrude – Rs 5086/barrel, Copper – Rs 1157.50/kg.
Equity99
Photo
Univastu india Update Promoters takes warrants @ 82 and current price 70 very discounted rate any time Bounce back
Equity99
Photo
Univastu India Limited is focused on civil and infrastructure projects, executing turnkey works such as metro stations, institutional buildings, hospitals, sports complexes and mass housing across multiple Indian states. Recently, the board approved a Memorandum of Understanding with URBAN Systems Urbs AB, Sweden, to jointly develop data centre projects in Maharashtra, giving Univastu access to overseas expertise in urban infrastructure and smart, tech-driven assets. In the same board meeting, Univastu cleared a preferential issue of up to 35 lakh fully convertible warrants at ₹82 per warrant to promoters, aggregating around ₹28.7 crore Post-conversion, promoter shareholding is expected to rise by nearly 3 percentage points, signalling confidence in the company’s growth pipeline and supporting balance-sheet strength for upcoming EPC and data-centre-led opportunities.
Equity99
Univastu India Limited is focused on civil and infrastructure projects, executing turnkey works such as metro stations, institutional buildings, hospitals, sports complexes and mass housing across multiple Indian states. Recently, the board approved a Memorandum…
Ready to Hit 75 to 78🔤 🔤 🔤 🔤 🔤 🔤
Please open Telegram to view this post
VIEW IN TELEGRAM
Morning Alert..
*Centre may set 54.5-55% debt-to-GDP goal for FY27 in Union Budget*
The central government is likely to target a reduction in the debt-to-GDP (gross domestic product) ratio to 54.5-55 per cent for FY27 in the forthcoming Union Budget, down from the 56.1 per cent budgeted for FY26, an official said. “The government is likely to follow a moderate consolidation path for FY27. A final call on the growth scenario for the next financial year will be taken after the release of the first advance estimates of GDP for FY26 on January 7,” the official said, requesting anonymity. In the FY26 Budget, Union Finance Minister Nirmala Sitharaman announced a shift to the debt-to-GDP ratio as the primary fiscal anchor, moving away from the practice of using the fiscal deficit as the operational target. Under the new glide path, the Centre aims to bring down the debt-to-GDP ratio to 50 per cent by FY31, with a permitted deviation of one percentage point on either side. According to the Medium-Term Fiscal Policy-cum-Fiscal Policy Strategy Statement tabled alongside the FY26 Budget, the debt path for FY27-FY31 has been modelled under three nominal GDP growth assumptions: 10 per cent, 10.5 per cent and 11 per cent. For each growth scenario, three consolidation paths —mild, moderate and high — have been outlined, depending on the degree of fiscal tightening the government chooses to pursue.
*Global market action*
Dow Jones – Up by 0.13% or 62.34 points
FTSE – Up by 0.05% or 4.71 points
CAC – Down by 0.22% or 17.49 points
DAX – Up by 0.23% or 56.09 points
Gift Nifty – Up by 0.07% or 17.00 points
*FII/DII activities*
FII – Sold 317.56Cr worth of shares
DII – Bought 1772.56Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.7x
Nifty Bank – 16.5x
*Stocks with high delivery percentage*
Aditya Birla Lifestyle Brands Ltd – 89.5%
Aditya Birla Fashion and Retail Ltd – 88.9%
Ventive Hospitality Ltd – 83.5%
Gujarat Fluorochemicals Ltd – 82.2%
Lupin Ltd – 81.7%
*Commodities updates*
Gold – Rs 139908/10gm, Silver – Rs 240214/kg, Brcrude – Rs 5180/barrel, Copper – Rs 1260/kg.
*Centre may set 54.5-55% debt-to-GDP goal for FY27 in Union Budget*
The central government is likely to target a reduction in the debt-to-GDP (gross domestic product) ratio to 54.5-55 per cent for FY27 in the forthcoming Union Budget, down from the 56.1 per cent budgeted for FY26, an official said. “The government is likely to follow a moderate consolidation path for FY27. A final call on the growth scenario for the next financial year will be taken after the release of the first advance estimates of GDP for FY26 on January 7,” the official said, requesting anonymity. In the FY26 Budget, Union Finance Minister Nirmala Sitharaman announced a shift to the debt-to-GDP ratio as the primary fiscal anchor, moving away from the practice of using the fiscal deficit as the operational target. Under the new glide path, the Centre aims to bring down the debt-to-GDP ratio to 50 per cent by FY31, with a permitted deviation of one percentage point on either side. According to the Medium-Term Fiscal Policy-cum-Fiscal Policy Strategy Statement tabled alongside the FY26 Budget, the debt path for FY27-FY31 has been modelled under three nominal GDP growth assumptions: 10 per cent, 10.5 per cent and 11 per cent. For each growth scenario, three consolidation paths —mild, moderate and high — have been outlined, depending on the degree of fiscal tightening the government chooses to pursue.
*Global market action*
Dow Jones – Up by 0.13% or 62.34 points
FTSE – Up by 0.05% or 4.71 points
CAC – Down by 0.22% or 17.49 points
DAX – Up by 0.23% or 56.09 points
Gift Nifty – Up by 0.07% or 17.00 points
*FII/DII activities*
FII – Sold 317.56Cr worth of shares
DII – Bought 1772.56Cr worth of shares.
*Major Indian Indices PE*
Nifty 50 – 22.7x
Nifty Bank – 16.5x
*Stocks with high delivery percentage*
Aditya Birla Lifestyle Brands Ltd – 89.5%
Aditya Birla Fashion and Retail Ltd – 88.9%
Ventive Hospitality Ltd – 83.5%
Gujarat Fluorochemicals Ltd – 82.2%
Lupin Ltd – 81.7%
*Commodities updates*
Gold – Rs 139908/10gm, Silver – Rs 240214/kg, Brcrude – Rs 5180/barrel, Copper – Rs 1260/kg.