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BREAKING NEWS
BREAKING NEWS :

TCS Buyback closed for bidding yesterday,
Buyback issue was subscribed 7.5x Times

Record 10 Lakh Applications were recieved for buyback !
Good Morning
5_6188277811669632001.pdf
1.4 MB
5_6188277811669632001.pdf
koolsfincon
5_6188277811669632001.pdf
Edelweiss Securities gives a BIG BANG target of 450 Rs. For ITC !

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STOCK TO WATCH
BIG BREAKING :
PVR Cinemas & INOX Leisure announced BIG MEGA MERGER !!!



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PVR - INOX MERGER DETAILS !
Mr. Siddharth Jain
Director, INOX Leisure


On PVR-INOX MERGER
PVR - INOX MERGER DETAILS :

This PVR-INOX Merger To Create Network Of 1500+Screens !

Post the merger, PVR promoters will have 10.62% stake & INOX promoters 16.66% stake in the combined entity

Branding of existing screens to continue as #PVR & #INOX respectively

New cinemas opened post
merger will be branded PVR INOX
PVR-INOX ANNOUNCE MERGER RATIO :

Merger Ratio will be 3 Shares of PVR for Every 10 Shares of INOX

At CMP (Closing of Friday, 25/03/2022)

3 shares of PVR = 5481
10 shares of Inox = 4700

Ratio at 14% discount to PVR’s CMP !

Both are likely to show BIG JUMP On Monday !!!
INOX and PVR are merging together to form biggest multiplex company in India with 1500+ screens.🤯

• INOX 675 Screens
• PVR 871 Screens

Everyone who owns 10 shares of INOX will get 3 shares of PVR post merger.

The merger will happen after the approval of SEBI.
Good Morning
Good Morning
BIG BREAKING :
HDFC AND HDFC BANK ANNOUNCES MEGA MERGER..... BIGGEST MERGER IN FINANCIAL SERVICES !

MASTER STROKE BY HDFC TWINS !


THEY ARE GOING TO BE SUPER HUNK OF FINANCIAL SERVICES IN INDIA !!!
HDFC MERGER SHARE SWAP RATIO
MERGER IS LIKELY TO BE COMPLETED IN Q2/Q3 IN FY 2022-2023
CITI on HDFC Bk

Buy, TP Rs 2000

Reported loan growth of 21% yoy – 1st qtr with loan growth >20% since 1QFY21 & up from 16% yoy reported in 3Q

Sequential growth of 9% qoq is 2nd highest in past decade, leading to loans of Rs13.7tn, 3.5% ahead of est
Morgan Stanley on HDFC Bk

OW. TP Rs 1800

Bank's initial update points to very strong growth in loans & retail deposits, & implies continued market share gains

Loan growth strong in retail & commercial, with big surprise in corporate banking relative to est
#GlobalNews | #SriLanka's Cabinet of Ministers resign with immediate effect, as country faces its worst economic crisis of all time