*Laxmi Organics – Q4FY21 Concall Update – Nirmal Bang Sec.*
*Outlook – Positive for long term*
_Fluorospecialty facility is on track and likely to get commissioned by end of FY22, which holds the key for further margin expansion as well_
The stock is trading at 40.7x Q4FY21 annualised earnings
• Capex FY21 – Rs 88 cr
• Expect strong recovery in macro activity
• Capex FY22 – 300 cr
• 250-270cr capex for Fluorochemicals facility – would be commercialised by end of FY22
• Employee exps looks higher due to higher variable payments and esops exps – going forward the management said this cost would be spread over all quarters instead of booking it in one quarter like done in Q4FY21
• Employee cost if likely to increase going forward
• Adjusted for trading margins, the overall margins would have been higher
• Acetyl Intermediate (AI) business is commodity in nature however it is cash generating business. Due to higher prices of Ethyl Acetate, the company enjoyed higher margins however the management has guided for correction in margins going forward however company level margins are likely to remain stable aided by Specialty Intermediate
• Specialty Intermediates (SI)’s performance was driven by volume growth, product mix and better pricing
o One product is likely to be commercialised in current year and one next year
• YCPL acquisition to consolidate in 2HFY22
*Outlook – Positive for long term*
_Fluorospecialty facility is on track and likely to get commissioned by end of FY22, which holds the key for further margin expansion as well_
The stock is trading at 40.7x Q4FY21 annualised earnings
• Capex FY21 – Rs 88 cr
• Expect strong recovery in macro activity
• Capex FY22 – 300 cr
• 250-270cr capex for Fluorochemicals facility – would be commercialised by end of FY22
• Employee exps looks higher due to higher variable payments and esops exps – going forward the management said this cost would be spread over all quarters instead of booking it in one quarter like done in Q4FY21
• Employee cost if likely to increase going forward
• Adjusted for trading margins, the overall margins would have been higher
• Acetyl Intermediate (AI) business is commodity in nature however it is cash generating business. Due to higher prices of Ethyl Acetate, the company enjoyed higher margins however the management has guided for correction in margins going forward however company level margins are likely to remain stable aided by Specialty Intermediate
• Specialty Intermediates (SI)’s performance was driven by volume growth, product mix and better pricing
o One product is likely to be commercialised in current year and one next year
• YCPL acquisition to consolidate in 2HFY22
*Gabriel India Ltd.* | *CMP* Rs. 124 | *M Cap* Rs. 1775 Cr | *52 W H/L* 135/69
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 580.7 Cr (8.2% QoQ, 36.8% YoY) vs QoQ Rs. 536.5 Cr, YoY Rs. 424.6 Cr
EBIDTA came at Rs. 49.3 Cr (25.8% QoQ, 49% YoY) vs QoQ Rs. 39.2 Cr, YoY Rs. 33.1 Cr
EBITDA Margin came at 8.5% vs QoQ 7.3%, YoY 7.8%
Adj. PAT came at Rs. 27.7 Cr vs QoQ Rs. 24.6 Cr, YoY Rs. 26.6 Cr
Quarter EPS is Rs. 1.9
Share is trading at P/E of 30x TTM EPS
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 580.7 Cr (8.2% QoQ, 36.8% YoY) vs QoQ Rs. 536.5 Cr, YoY Rs. 424.6 Cr
EBIDTA came at Rs. 49.3 Cr (25.8% QoQ, 49% YoY) vs QoQ Rs. 39.2 Cr, YoY Rs. 33.1 Cr
EBITDA Margin came at 8.5% vs QoQ 7.3%, YoY 7.8%
Adj. PAT came at Rs. 27.7 Cr vs QoQ Rs. 24.6 Cr, YoY Rs. 26.6 Cr
Quarter EPS is Rs. 1.9
Share is trading at P/E of 30x TTM EPS
*FDC Ltd.* | *CMP* Rs. 347 | *M Cap* Rs. 5857 Cr | *52 W H/L* 379/230
(Nirmal Bang Retail Research)
*Result has declined QoQ*
Revenue from Operations came at Rs. 313.4 Cr (-7.9% QoQ, -6% YoY) vs QoQ Rs. 340.2 Cr, YoY Rs. 333.3 Cr
EBIDTA came at Rs. 51.6 Cr (-30% QoQ, 76.2% YoY) vs QoQ Rs. 73.7 Cr, YoY Rs. 29.3 Cr
EBITDA Margin came at 16.5% vs QoQ 21.7%, YoY 8.8%
Adj. PAT came at Rs. 49 Cr vs QoQ Rs. 75.2 Cr, YoY Rs. 55.5 Cr
Quarter EPS is Rs. 2.9
Share is trading at P/E of 19.3x TTM EPS
(Nirmal Bang Retail Research)
*Result has declined QoQ*
Revenue from Operations came at Rs. 313.4 Cr (-7.9% QoQ, -6% YoY) vs QoQ Rs. 340.2 Cr, YoY Rs. 333.3 Cr
EBIDTA came at Rs. 51.6 Cr (-30% QoQ, 76.2% YoY) vs QoQ Rs. 73.7 Cr, YoY Rs. 29.3 Cr
EBITDA Margin came at 16.5% vs QoQ 21.7%, YoY 8.8%
Adj. PAT came at Rs. 49 Cr vs QoQ Rs. 75.2 Cr, YoY Rs. 55.5 Cr
Quarter EPS is Rs. 2.9
Share is trading at P/E of 19.3x TTM EPS
*Bharat Petroleum Corporation Ltd.* | *CMP* Rs. 471 | *M Cap* Rs. 102174 Cr | *52 W H/L* 482/292
(Nirmal Bang Retail Research)
*Result is above expectations*
*The company announced dividend of Rs58/share*
Revenue from Operations came at Rs. 76882.3 Cr (15.2% QoQ, 11.4% YoY) vs expectation of Rs. 80475.8 Cr, QoQ Rs. 66731.4 Cr, YoY Rs. 68991.4 Cr
EBIDTA came at Rs. 5058.3 Cr (17.5% QoQ, -917.4% YoY) vs expectation of Rs. 3332.6 Cr, QoQ Rs. 4305.8 Cr, YoY Rs. -618.8 Cr
EBITDA Margin came at 6.6% vs expectation of 4.1%, QoQ 6.5%, YoY -0.9%
Adj. PAT came at Rs. 4947.2 Cr vs expectation of Rs. 1965 Cr, QoQ Rs. 3197.1 Cr, YoY Rs. -280.2 Cr
Quarter EPS is Rs. 22.8
Share is trading at P/E of 11.3x FY22E EPS
(Nirmal Bang Retail Research)
*Result is above expectations*
*The company announced dividend of Rs58/share*
Revenue from Operations came at Rs. 76882.3 Cr (15.2% QoQ, 11.4% YoY) vs expectation of Rs. 80475.8 Cr, QoQ Rs. 66731.4 Cr, YoY Rs. 68991.4 Cr
EBIDTA came at Rs. 5058.3 Cr (17.5% QoQ, -917.4% YoY) vs expectation of Rs. 3332.6 Cr, QoQ Rs. 4305.8 Cr, YoY Rs. -618.8 Cr
EBITDA Margin came at 6.6% vs expectation of 4.1%, QoQ 6.5%, YoY -0.9%
Adj. PAT came at Rs. 4947.2 Cr vs expectation of Rs. 1965 Cr, QoQ Rs. 3197.1 Cr, YoY Rs. -280.2 Cr
Quarter EPS is Rs. 22.8
Share is trading at P/E of 11.3x FY22E EPS
*Manappuram Finance Q4FY21 Concall Update*
(Nirmal Bang Securities)
*> Gold (70% mix) continues to support stable consolidated performance*
*> MFI portfolio (20% mix) remains vulnerable*
*Outlook: Neutral in near term, Positive in long term*
• Standalone (Gold, Vehicle, Home, Others) GNPA increased to 1.9% vs QoQ 1.3%. Standalone NNPA increased to 1.5% vs QoQ 0.8%. (Increase was led by gold due to technicality of reporting and gold remains the most liquid and fully secured product)
• *Gold* auctions during the quarter were Rs. 404 Cr as compared to Rs. 8 Cr during 9MFY21.
• Gold tenure remains at 3-6 months which safeguards the asset quality.
• *CV* GNPA has declined to 5.0% vs QoQ 8.5%. Restructured book for CVs is 8%.
• *MFI* GNPA increased to 2.5% flattish QoQ. MFI NNPA remains at 0%. 0+ PAR remains elevated although it declined to 15.8% vs QoQ 17.5%. 30+ PAR was at 10.1% vs QoQ 9.9%. Collection efficiency has dipped in April to 93% from 101% in March. MFI writeoffs were of Rs. 120 Cr during FY21. Co is expecting short-term pain in MFI asset quality due to the second wave of covid. Restructured book for MFI is 4%.
• Consolidated AUM stood at Rs. 27,224 Cr (+8% YoY, -2% QoQ).
• *Gold AUM* declined 6% QoQ and increased 12% YoY to Rs. 19,077 Cr. (Exactly in line with the behavior of gold prices)
• Gold tonnage declined 4% QoQ and by 10% YoY to 65.3 tons.
• Avg ticket size for gold loan increased from 39k in FY20 to 45k in FY21. Yield was at 25% vs 26% YoY.
• Gold AUM per branch in FY21 increased to Rs. 5.4 Cr vs Rs. 4.8 Cr YoY.
• Competition from banks has reduced post March when LTV was reduced from 90% to 75%.
• 75% of gold loan market is still dominated by unorganized players.
• *Non-gold AUM* increased by 10% QoQ and declined by 1% YoY to Rs. 81 Bn.
• YoY growth: MFI +9%, Home +6%, CV -22%, others -43%.
Share is trading at P/E of 6.7x FY22E EPS & 1.9x trailing P/BV
(Nirmal Bang Securities)
*> Gold (70% mix) continues to support stable consolidated performance*
*> MFI portfolio (20% mix) remains vulnerable*
*Outlook: Neutral in near term, Positive in long term*
• Standalone (Gold, Vehicle, Home, Others) GNPA increased to 1.9% vs QoQ 1.3%. Standalone NNPA increased to 1.5% vs QoQ 0.8%. (Increase was led by gold due to technicality of reporting and gold remains the most liquid and fully secured product)
• *Gold* auctions during the quarter were Rs. 404 Cr as compared to Rs. 8 Cr during 9MFY21.
• Gold tenure remains at 3-6 months which safeguards the asset quality.
• *CV* GNPA has declined to 5.0% vs QoQ 8.5%. Restructured book for CVs is 8%.
• *MFI* GNPA increased to 2.5% flattish QoQ. MFI NNPA remains at 0%. 0+ PAR remains elevated although it declined to 15.8% vs QoQ 17.5%. 30+ PAR was at 10.1% vs QoQ 9.9%. Collection efficiency has dipped in April to 93% from 101% in March. MFI writeoffs were of Rs. 120 Cr during FY21. Co is expecting short-term pain in MFI asset quality due to the second wave of covid. Restructured book for MFI is 4%.
• Consolidated AUM stood at Rs. 27,224 Cr (+8% YoY, -2% QoQ).
• *Gold AUM* declined 6% QoQ and increased 12% YoY to Rs. 19,077 Cr. (Exactly in line with the behavior of gold prices)
• Gold tonnage declined 4% QoQ and by 10% YoY to 65.3 tons.
• Avg ticket size for gold loan increased from 39k in FY20 to 45k in FY21. Yield was at 25% vs 26% YoY.
• Gold AUM per branch in FY21 increased to Rs. 5.4 Cr vs Rs. 4.8 Cr YoY.
• Competition from banks has reduced post March when LTV was reduced from 90% to 75%.
• 75% of gold loan market is still dominated by unorganized players.
• *Non-gold AUM* increased by 10% QoQ and declined by 1% YoY to Rs. 81 Bn.
• YoY growth: MFI +9%, Home +6%, CV -22%, others -43%.
Share is trading at P/E of 6.7x FY22E EPS & 1.9x trailing P/BV
*Karnataka Bank Ltd.* | *CMP* Rs. 72 | *M Cap* Rs. 2238 Cr | *52 W H/L* 74/34
(Nirmal Bang Retail Research)
*Result has declined* on all fronts
Net Interest Income came at Rs. 459 Cr vs YoY Rs. 529 Cr, QoQ Rs. 614 Cr
Non Interest Income came at Rs. 373 Cr vs YoY Rs. 440 Cr, QoQ Rs. 273 Cr
PBP came at Rs. 384 Cr vs YoY Rs. 392 Cr, QoQ Rs. 438 Cr
Provisions came at Rs. 342 Cr vs YoY Rs. 357 Cr, QoQ Rs. 214 Cr
Adj. PAT came at Rs. 31 Cr vs YoY Rs. 27 Cr, QoQ Rs. 135 Cr
Gross NPA came at Rs. 2588 Cr vs QoQ (proforma) Rs. 2101 Cr at 4.91% vs QoQ 3.95%
Net NPA came at Rs. 1642 Cr vs QoQ (proforma) Rs. 1287 Cr at 3.18% vs QoQ 2.42%
Advances declined by 9% YoY & 3% QoQ to Rs. 51,694 Cr
Quarter EPS is Rs. 1
Share is trading at P/E of 4.3x FY22E EPS & 0.4x trailing P/Adj. BV
(Nirmal Bang Retail Research)
*Result has declined* on all fronts
Net Interest Income came at Rs. 459 Cr vs YoY Rs. 529 Cr, QoQ Rs. 614 Cr
Non Interest Income came at Rs. 373 Cr vs YoY Rs. 440 Cr, QoQ Rs. 273 Cr
PBP came at Rs. 384 Cr vs YoY Rs. 392 Cr, QoQ Rs. 438 Cr
Provisions came at Rs. 342 Cr vs YoY Rs. 357 Cr, QoQ Rs. 214 Cr
Adj. PAT came at Rs. 31 Cr vs YoY Rs. 27 Cr, QoQ Rs. 135 Cr
Gross NPA came at Rs. 2588 Cr vs QoQ (proforma) Rs. 2101 Cr at 4.91% vs QoQ 3.95%
Net NPA came at Rs. 1642 Cr vs QoQ (proforma) Rs. 1287 Cr at 3.18% vs QoQ 2.42%
Advances declined by 9% YoY & 3% QoQ to Rs. 51,694 Cr
Quarter EPS is Rs. 1
Share is trading at P/E of 4.3x FY22E EPS & 0.4x trailing P/Adj. BV
*Tide Water Oil (India) Ltd (CMP - 6017)*
✳✳✳✳✳✳✳✳✳✳✳
*Low equity of Rs1.70 Crs*
✳✳✳✳✳✳✳✳✳✳✳
*Reserves Rs671 Crs*
✳✳✳✳✳✳✳✳✳✳✳
*Zero Debt Company*
✳✳✳✳✳✳✳✳✳✳✳
*Plant at Historical Cost Rs124 Crs*
*INVESTMENT Portfolio at Historical Cost of Rs215 Crs*
*INVESTMENT CMP IS MUCH HIGHER*
*NET CURRENT ASSETS OF Rs380 Crores of which Cash & Bank Bal of Rs196 Crores*
✳✳✳✳✳✳✳✳✳✳✳
*57.28% Promoter holding*
👉 26% Andrew Yule
👉 29% Standard Grease
👉 2% Janus Consolidated Cr
✳✳✳✳✳✳✳✳✳✳✳
*EPS of Rs326*
✳✳✳✳✳✳✳✳✳✳✳
*Stock PE of 18 v/s Industry PE of 22*
✳✳✳✳✳✳✳✳✳✳✳
*Mkt Cap of Rs2097 Crs & Annual Turnover Rs1316 Crs*
✳✳✳✳✳✳✳✳✳✳✳
*FV of Rs 5*
✳✳✳✳✳✳✳✳✳✳✳
*Dividend of 5000%*
✳✳✳✳✳✳✳✳✳✳✳
*Dividend Yield 4%*
✳✳✳✳✳✳✳✳✳✳✳
*Book Value of Rs1931*
✳✳✳✳✳✳✳✳✳✳✳
*PAT of Rs105 Crs v/s 86 Crs*
✳✳✳✳✳✳✳✳✳✳✳
*Kolkata based Lubricant Player*
✳✳✳✳✳✳✳✳✳✳✳
*3 Times 1:1 Bonus Declared in the year 1980, 1993, 2016*
✳✳✳✳✳✳✳✳✳✳✳
*78.82% Equity is out of Bonus*
✳✳✳✳✳✳✳✳✳✳✳
*Kolkatta based VEEDOL Brand Lubricant Manufacturer & Supplier*
✳✳✳✳✳✳✳✳✳✳✳
*In India it sales it's products through 50 Distributors+650 Depots+50000 Retail Outlets*
✳✳✳✳✳✳✳✳✳✳✳
*In India it manufactures it's products at 5 Plants & 55 Depots*
✳✳✳✳✳✳✳✳✳✳✳
*It has 2 R&D Centres to Mfr:*
- Jaso
- FC
- API
- SM
- APICI 4 Plus
*For Lube Oil @ Turbhe - Navi Mumbai*
*For Grease @ Orgadan - Chennai*
✳✳✳✳✳✳✳✳✳✳✳
*It's a part of Andrew Yule Group (GOI owned company)*
✳✳✳✳✳✳✳✳✳✳✳
Apart from *Andrew Yule's 26.23%* another PVT Co. *Standard Grease & Specialities Pvt Ltd which owns 29.35%* and *Janus Consolidated Funds owns 1.69%* stake
✳✳✳✳✳✳✳✳✳✳✳
*Andrew Yule Group is engaged in the business of :*
-Engineering
-Electrical
-Tea Cultivation
-Power Generation
-Communication System
-Lubricants
✳✳✳✳✳✳✳✳✳✳✳
*Tide Water Oil Manufactures Automobile Products for Trucks/ Tractors/ Commercial Vehicles/ Passenger Cars/ 2-3 Wheelers:*
- Engine Oil
- Gear Oil
- Transmission Oil
- Coolants
- Grease
✳✳✳✳✳✳✳✳✳✳✳
*Tide Water Oil Manufactures following for Industrial Applicants :*
- Industrial Oil
- Greases
- Metal Work Fluid
- Kwinching Oils
- Heat Transfer Oil
✳✳✳✳✳✳✳✳✳✳✳
*TWO' s some of the Branded Customers*:
1) Royal Enfield Ltd
2) SML ISUZU Ltd
3) L&T Komatsu Ltd
4) Hero Motocorp Ltd
5) Honda Motor Cycle & Scooter India Pvt Ltd
6) Honda Motor India Pvt Ltd
7) Honda Cars India Ltd
8) Honda Siel Power Products Ltd
9) India Yamaha Motors Pvt Ltd
10) George Maijo Industries Pvt Ltd (Yamaha Outboard Motors Distribution)
11) Kobelco Construction Equipment India Pvt Ltd
12) Kobelco Cranes India Pvt Ltd
13) Kubota Agricultural Machinery India Pvt Ltd
14) ISUZU Motors Pvt Ltd
15) Renault Nissan Automotive India Pvt Ltd
16) Toyota Boschoku Automotive India Pvt Ltd
17) KYB Motorcycle Suspension India Pvt Ltd
18) Yanmar India Pvt Ltd
✳✳✳✳✳✳✳✳✳✳✳
*International Business Subsidiaries (100%):*
1) *Veedol International Ltd* (Acquired in 2011 - Owns VEEDOL Trademark World Vide)
2) *Price Thomas Holdings Ltd*
(Acquired in 2016)
3) *Granvile Oil & Chemicals Ltd* (Acquired in 2016 have lubricant mfg & sale and after care products sale in UK ~ Owns 4 Major Brands Granvile/ Gunk/ Nova/ Autosol )
4) *Veedol International DMC (VID), Dubai*
5) *Veedol Deutschland GmbH (VDG), Germany*
6) *Veedol International BV (VIBV), Netherlands*
7) *Veedol International Americans Inc*
✳✳✳✳✳✳✳✳✳✳✳
*Joint Venture With JX - NOE*:
Tide Water Oil Co. (India) Limited (TWOIL) has formed a 50:50 joint venture company with JX Nippon Oil & Energy Corporation (JX-NOE), the largest petroleum conglomerate in *Japan*.
The joint venture company, JX Nippon TWO Lubricants India Private Limited (JXTL), is leveraging the capabilities of both its parent companies – the technical know-how of JX-NOE and the distribution strength of TWOIL – to serve its customers most effectively.
JXTL is responsible for selling, marketing, distributing, and manufacturing ENEOS brand of lubricants.
JXTL has entered into an agreement with TWOIL for manufacturing ENEOS products.
✳✳✳✳✳✳✳✳✳✳✳
*Low equity of Rs1.70 Crs*
✳✳✳✳✳✳✳✳✳✳✳
*Reserves Rs671 Crs*
✳✳✳✳✳✳✳✳✳✳✳
*Zero Debt Company*
✳✳✳✳✳✳✳✳✳✳✳
*Plant at Historical Cost Rs124 Crs*
*INVESTMENT Portfolio at Historical Cost of Rs215 Crs*
*INVESTMENT CMP IS MUCH HIGHER*
*NET CURRENT ASSETS OF Rs380 Crores of which Cash & Bank Bal of Rs196 Crores*
✳✳✳✳✳✳✳✳✳✳✳
*57.28% Promoter holding*
👉 26% Andrew Yule
👉 29% Standard Grease
👉 2% Janus Consolidated Cr
✳✳✳✳✳✳✳✳✳✳✳
*EPS of Rs326*
✳✳✳✳✳✳✳✳✳✳✳
*Stock PE of 18 v/s Industry PE of 22*
✳✳✳✳✳✳✳✳✳✳✳
*Mkt Cap of Rs2097 Crs & Annual Turnover Rs1316 Crs*
✳✳✳✳✳✳✳✳✳✳✳
*FV of Rs 5*
✳✳✳✳✳✳✳✳✳✳✳
*Dividend of 5000%*
✳✳✳✳✳✳✳✳✳✳✳
*Dividend Yield 4%*
✳✳✳✳✳✳✳✳✳✳✳
*Book Value of Rs1931*
✳✳✳✳✳✳✳✳✳✳✳
*PAT of Rs105 Crs v/s 86 Crs*
✳✳✳✳✳✳✳✳✳✳✳
*Kolkata based Lubricant Player*
✳✳✳✳✳✳✳✳✳✳✳
*3 Times 1:1 Bonus Declared in the year 1980, 1993, 2016*
✳✳✳✳✳✳✳✳✳✳✳
*78.82% Equity is out of Bonus*
✳✳✳✳✳✳✳✳✳✳✳
*Kolkatta based VEEDOL Brand Lubricant Manufacturer & Supplier*
✳✳✳✳✳✳✳✳✳✳✳
*In India it sales it's products through 50 Distributors+650 Depots+50000 Retail Outlets*
✳✳✳✳✳✳✳✳✳✳✳
*In India it manufactures it's products at 5 Plants & 55 Depots*
✳✳✳✳✳✳✳✳✳✳✳
*It has 2 R&D Centres to Mfr:*
- Jaso
- FC
- API
- SM
- APICI 4 Plus
*For Lube Oil @ Turbhe - Navi Mumbai*
*For Grease @ Orgadan - Chennai*
✳✳✳✳✳✳✳✳✳✳✳
*It's a part of Andrew Yule Group (GOI owned company)*
✳✳✳✳✳✳✳✳✳✳✳
Apart from *Andrew Yule's 26.23%* another PVT Co. *Standard Grease & Specialities Pvt Ltd which owns 29.35%* and *Janus Consolidated Funds owns 1.69%* stake
✳✳✳✳✳✳✳✳✳✳✳
*Andrew Yule Group is engaged in the business of :*
-Engineering
-Electrical
-Tea Cultivation
-Power Generation
-Communication System
-Lubricants
✳✳✳✳✳✳✳✳✳✳✳
*Tide Water Oil Manufactures Automobile Products for Trucks/ Tractors/ Commercial Vehicles/ Passenger Cars/ 2-3 Wheelers:*
- Engine Oil
- Gear Oil
- Transmission Oil
- Coolants
- Grease
✳✳✳✳✳✳✳✳✳✳✳
*Tide Water Oil Manufactures following for Industrial Applicants :*
- Industrial Oil
- Greases
- Metal Work Fluid
- Kwinching Oils
- Heat Transfer Oil
✳✳✳✳✳✳✳✳✳✳✳
*TWO' s some of the Branded Customers*:
1) Royal Enfield Ltd
2) SML ISUZU Ltd
3) L&T Komatsu Ltd
4) Hero Motocorp Ltd
5) Honda Motor Cycle & Scooter India Pvt Ltd
6) Honda Motor India Pvt Ltd
7) Honda Cars India Ltd
8) Honda Siel Power Products Ltd
9) India Yamaha Motors Pvt Ltd
10) George Maijo Industries Pvt Ltd (Yamaha Outboard Motors Distribution)
11) Kobelco Construction Equipment India Pvt Ltd
12) Kobelco Cranes India Pvt Ltd
13) Kubota Agricultural Machinery India Pvt Ltd
14) ISUZU Motors Pvt Ltd
15) Renault Nissan Automotive India Pvt Ltd
16) Toyota Boschoku Automotive India Pvt Ltd
17) KYB Motorcycle Suspension India Pvt Ltd
18) Yanmar India Pvt Ltd
✳✳✳✳✳✳✳✳✳✳✳
*International Business Subsidiaries (100%):*
1) *Veedol International Ltd* (Acquired in 2011 - Owns VEEDOL Trademark World Vide)
2) *Price Thomas Holdings Ltd*
(Acquired in 2016)
3) *Granvile Oil & Chemicals Ltd* (Acquired in 2016 have lubricant mfg & sale and after care products sale in UK ~ Owns 4 Major Brands Granvile/ Gunk/ Nova/ Autosol )
4) *Veedol International DMC (VID), Dubai*
5) *Veedol Deutschland GmbH (VDG), Germany*
6) *Veedol International BV (VIBV), Netherlands*
7) *Veedol International Americans Inc*
✳✳✳✳✳✳✳✳✳✳✳
*Joint Venture With JX - NOE*:
Tide Water Oil Co. (India) Limited (TWOIL) has formed a 50:50 joint venture company with JX Nippon Oil & Energy Corporation (JX-NOE), the largest petroleum conglomerate in *Japan*.
The joint venture company, JX Nippon TWO Lubricants India Private Limited (JXTL), is leveraging the capabilities of both its parent companies – the technical know-how of JX-NOE and the distribution strength of TWOIL – to serve its customers most effectively.
JXTL is responsible for selling, marketing, distributing, and manufacturing ENEOS brand of lubricants.
JXTL has entered into an agreement with TWOIL for manufacturing ENEOS products.
JXTL is using the distribution network of TWOIL for distribution of ENEOS products.
✳✳✳✳✳✳✳✳✳✳✳
🎯🎯🎯🎯🎯🎯🎯🎯🎯
✳✳✳✳✳✳✳✳✳✳✳
🎯🎯🎯🎯🎯🎯🎯🎯🎯
╭───────────────────╮
🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴a : 27 MAY*🙏🏻
╰───────────────────╯
*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣➣➣
1. *PM Modi addresses Virtual Vesak Global Celebrations on Buddha Purnima* : PM Modi has asserted that the Country is now better prepared to fight the COVID pandemic as over the time a better understanding to strengthen the strategies against it has evolved.
Delivering his keynote address on the occasion of Virtual Vesak Global Celebrations through video conference on Buddha Purnima.
2. Buddhist Monks offer prayers under sacred Bodhi tree on the occasion of BuddhaPurnima
in Bodhgaya, Bihar
3. *Indian Railways has delivered more than 17,945 Metric Tonnes of Liquid Medical Oxygen in more than 1,080 tankers to various states across the country.*
4. *Cyclone Yaas moves north-westwards* ; leaves behind heavy damage to property and life. Chief Minister West Bengal Smt Mamata Banerjee told that at least 1 crore people have been affected and three lakh houses damaged due to rough weather conditions arising out of the cyclone.
5. *COVID19 vaccination programme for 18-44 age group will stop temporarily from May 28 in Sikkim*
6. India achieved a significant milestone in its ongoing COVID-19 vaccination drive. On 130th day of the drive, the cumulative COVID Vaccination Coverage crossed the 20 crore mark
7. National Highways Authority of India, NHAI has issued guidelines to ensure service time of not more than ten seconds per vehicle even at peak hours at the toll plazas on the National Highways. The new set of guidelines will ensure seamless flow of traffic at the toll plazas by not allowing vehicles to queue up more than 100 metres.
8. The Himachal Pradesh state is on its way to legalise cultivation of cannabis in the state. The decision is driven by the massive debt of INR 60,500 crores caused by the pandemic. Legalising cannabis cultivation in the state is expected to fetch revenue worth INR 18,000 crores. The cultivation would be in a controlled manner and would strictly be for medicinal, industrial and other such purposes. The decision has been taken after almost two years of mulling over it.
9. The Indian Medical Association has served a defamation notice on Ramdev for alleged disparaging remarks against allopathy and allopathic doctors, demanding an apology from him within 15 days, failing which it said it will demand a compensation of Rs 1,000 crore from the yoga guru.
10. Agitating farmers marched with black flags, burnt effigies and shouted anti-government slogans at Tikri, Singhu and Ghazipur protest sites on Delhi borders as well as in several parts of Punjab and Haryana to mark the completion of six months of their agitation.
11. *Amid rising cases of black fungus in the state, Karnataka Health Minister Dr K Sudhakar on Wednesday appealed to doctors not to give steroids to patients in the first week of contracting the COVID-19.* The state has also decided to set up post COVID care wards in each district hospital to check black fungus infections
12. *The Joint Entrance Examination (JEE)-Advanced scheduled for July 3 has been postponed in view of the Covid-19 situation,* according to officials at IIT-Kharagpur, the institute which is conducting the exam this year. The exam is conducted for admission to the prestigious Indian Institutes of Technology and the National Institutes of Technology.
13. From this year, the JEE-Mains is being conducted four times a year to offer flexibility to students and a chance to improve their scores. While the first phase was conducted in February followed by the second phase in March, the next phases were scheduled to be held in April and May.
14. *National Disaster Response Force, (NDRF) says a total of 113 teams have been earmarked in five states and UTs as part of its preparation and response to Cyclone Yaas.*
15. Mumbai Police has handed over the bodies of 52 crew members who died after barge P305 and tugboat Varprada sank off the Mumbai coast during cyclone Tauktae while 27 bodies are yet to be identified.
🌄 *S̴h̴u̴b̴o̴u̴d̴h̴a̴y̴a : 27 MAY*🙏🏻
╰───────────────────╯
*Today's top News* ➣➣➣➣➣➣➣➣➣➣➣➣➣➣
1. *PM Modi addresses Virtual Vesak Global Celebrations on Buddha Purnima* : PM Modi has asserted that the Country is now better prepared to fight the COVID pandemic as over the time a better understanding to strengthen the strategies against it has evolved.
Delivering his keynote address on the occasion of Virtual Vesak Global Celebrations through video conference on Buddha Purnima.
2. Buddhist Monks offer prayers under sacred Bodhi tree on the occasion of BuddhaPurnima
in Bodhgaya, Bihar
3. *Indian Railways has delivered more than 17,945 Metric Tonnes of Liquid Medical Oxygen in more than 1,080 tankers to various states across the country.*
4. *Cyclone Yaas moves north-westwards* ; leaves behind heavy damage to property and life. Chief Minister West Bengal Smt Mamata Banerjee told that at least 1 crore people have been affected and three lakh houses damaged due to rough weather conditions arising out of the cyclone.
5. *COVID19 vaccination programme for 18-44 age group will stop temporarily from May 28 in Sikkim*
6. India achieved a significant milestone in its ongoing COVID-19 vaccination drive. On 130th day of the drive, the cumulative COVID Vaccination Coverage crossed the 20 crore mark
7. National Highways Authority of India, NHAI has issued guidelines to ensure service time of not more than ten seconds per vehicle even at peak hours at the toll plazas on the National Highways. The new set of guidelines will ensure seamless flow of traffic at the toll plazas by not allowing vehicles to queue up more than 100 metres.
8. The Himachal Pradesh state is on its way to legalise cultivation of cannabis in the state. The decision is driven by the massive debt of INR 60,500 crores caused by the pandemic. Legalising cannabis cultivation in the state is expected to fetch revenue worth INR 18,000 crores. The cultivation would be in a controlled manner and would strictly be for medicinal, industrial and other such purposes. The decision has been taken after almost two years of mulling over it.
9. The Indian Medical Association has served a defamation notice on Ramdev for alleged disparaging remarks against allopathy and allopathic doctors, demanding an apology from him within 15 days, failing which it said it will demand a compensation of Rs 1,000 crore from the yoga guru.
10. Agitating farmers marched with black flags, burnt effigies and shouted anti-government slogans at Tikri, Singhu and Ghazipur protest sites on Delhi borders as well as in several parts of Punjab and Haryana to mark the completion of six months of their agitation.
11. *Amid rising cases of black fungus in the state, Karnataka Health Minister Dr K Sudhakar on Wednesday appealed to doctors not to give steroids to patients in the first week of contracting the COVID-19.* The state has also decided to set up post COVID care wards in each district hospital to check black fungus infections
12. *The Joint Entrance Examination (JEE)-Advanced scheduled for July 3 has been postponed in view of the Covid-19 situation,* according to officials at IIT-Kharagpur, the institute which is conducting the exam this year. The exam is conducted for admission to the prestigious Indian Institutes of Technology and the National Institutes of Technology.
13. From this year, the JEE-Mains is being conducted four times a year to offer flexibility to students and a chance to improve their scores. While the first phase was conducted in February followed by the second phase in March, the next phases were scheduled to be held in April and May.
14. *National Disaster Response Force, (NDRF) says a total of 113 teams have been earmarked in five states and UTs as part of its preparation and response to Cyclone Yaas.*
15. Mumbai Police has handed over the bodies of 52 crew members who died after barge P305 and tugboat Varprada sank off the Mumbai coast during cyclone Tauktae while 27 bodies are yet to be identified.
16. *Indian Army has begun registration for grant of Short Service Commission (SSC).* Application forms are available on the official website. The deadline for registration is June 23. The course will begin in October 2021 at Officers Training Academy (OTA), Chennai, Tamil Nadu. Education qualification: Either passed engineering degree or are in final year of engineering degree, to apply for this job. Those who are studying in the final year of engineering degree should be able to submit proof of passing, by showing their cut off date and give engineering degree certificate within 12 weeks from date of start of training.
17. BSF Recruitment 2021: The Border Security Force (BSF) has invited applications for Specialist doctors and GDMOs (General Duty Medical Officers) in BSF composite hospital/BSF hospital on contractual basis. The walk-in interview for 89 vacancies will be held from June 21 to June 30.
18. *COVID STATUS*
✿ New
*TOTAL CASES* 27157800
✿ 208925
*TOTAL RECOVERED* 24350820
✿ 295958
*TOTAL DEATHS* 311385
✿4159
*✈INTERNATIONAL NEWS*
1. *India and New Zealand agreed to cooperate for a rules-based world order and a free and inclusive Indo-Pacific region during their foreign office consultations*: The consultations, held virtually after a gap of more than two years because of the Covid-19 pandemic, reviewed bilateral cooperation and focused on steps to enhance engagement in key areas such as defence and security, trade and investment, counter-terrorism and climate change.
2. United States major Pfizer has told Indian authorities that its jab has shown "high effectiveness" against the SARS-CoV-2 variant prevalent in India and on people of Indian ethnicity or nationality, while it is suitable for everyone aged 12 years or above and can be stored for a month at 2-8 degrees.
3. *The Ministry for Information and Technology asked social media platforms to submit a compliance report to its controversial new digital rules—a development after Facebook-owned Whatsapp sued the central government over the new rules* .
4. The Delhi Chief Minister Arvind Kejriwal said the makers of Sputnik V will supply anti-Covid jabs to Delhi but the quantity is yet to be decided. He also said there were around 620 cases of black fungus or mucormycosis in Delhi, but Amphotericin-B injections used in its treatment are in short supply. The Centre has asked states to procure vaccines from the international market.
5. *Bollywood star Sanjay Dutt on Wednesday said he has received a golden visa for the UAE.* The 61-year-old actor took to Twitter to share the news. The UAE government had in 2019 implemented a new system for long-term residence visas, enabling foreigners to live, work and study in the UAE without the need of a national sponsor. These golden visas are issued for five or 10 years and will be renewed automatically.
*🌎WORLD NEWS🌍*
1. The Government of Bangladesh has taken a decision to reopen the primary, secondary and higher secondary educational institutions on June 13 if COVID 19 situation gets better.
2. *Iran has banned the energy-intensive mining of cryptocurrencies such as Bitcoin for nearly four months* . The country is facing major power blackouts in many cities, and the government has blamed the outages on cryptocurrency mining, which is a highly energy intensive process.
3. *Mali's interim President Bah Ndaw and Prime Minister Moctar Ouane resigned on Wednesday,* two days after they were arrested by the military, an aide to the vice president said, deepening a political crisis and potentially setting up a standoff with international powers. They were taken to a military base outside the capital on Monday after a cabinet reshuffle in which two officers lost their posts.
4. A lawyer for the European Union on Wednesday accused AstraZeneca of not respecting its contract with the 27-nation bloc for the supply of COVID-19 vaccines and of failing to warn it in time of large cuts to deliveries.
17. BSF Recruitment 2021: The Border Security Force (BSF) has invited applications for Specialist doctors and GDMOs (General Duty Medical Officers) in BSF composite hospital/BSF hospital on contractual basis. The walk-in interview for 89 vacancies will be held from June 21 to June 30.
18. *COVID STATUS*
✿ New
*TOTAL CASES* 27157800
✿ 208925
*TOTAL RECOVERED* 24350820
✿ 295958
*TOTAL DEATHS* 311385
✿4159
*✈INTERNATIONAL NEWS*
1. *India and New Zealand agreed to cooperate for a rules-based world order and a free and inclusive Indo-Pacific region during their foreign office consultations*: The consultations, held virtually after a gap of more than two years because of the Covid-19 pandemic, reviewed bilateral cooperation and focused on steps to enhance engagement in key areas such as defence and security, trade and investment, counter-terrorism and climate change.
2. United States major Pfizer has told Indian authorities that its jab has shown "high effectiveness" against the SARS-CoV-2 variant prevalent in India and on people of Indian ethnicity or nationality, while it is suitable for everyone aged 12 years or above and can be stored for a month at 2-8 degrees.
3. *The Ministry for Information and Technology asked social media platforms to submit a compliance report to its controversial new digital rules—a development after Facebook-owned Whatsapp sued the central government over the new rules* .
4. The Delhi Chief Minister Arvind Kejriwal said the makers of Sputnik V will supply anti-Covid jabs to Delhi but the quantity is yet to be decided. He also said there were around 620 cases of black fungus or mucormycosis in Delhi, but Amphotericin-B injections used in its treatment are in short supply. The Centre has asked states to procure vaccines from the international market.
5. *Bollywood star Sanjay Dutt on Wednesday said he has received a golden visa for the UAE.* The 61-year-old actor took to Twitter to share the news. The UAE government had in 2019 implemented a new system for long-term residence visas, enabling foreigners to live, work and study in the UAE without the need of a national sponsor. These golden visas are issued for five or 10 years and will be renewed automatically.
*🌎WORLD NEWS🌍*
1. The Government of Bangladesh has taken a decision to reopen the primary, secondary and higher secondary educational institutions on June 13 if COVID 19 situation gets better.
2. *Iran has banned the energy-intensive mining of cryptocurrencies such as Bitcoin for nearly four months* . The country is facing major power blackouts in many cities, and the government has blamed the outages on cryptocurrency mining, which is a highly energy intensive process.
3. *Mali's interim President Bah Ndaw and Prime Minister Moctar Ouane resigned on Wednesday,* two days after they were arrested by the military, an aide to the vice president said, deepening a political crisis and potentially setting up a standoff with international powers. They were taken to a military base outside the capital on Monday after a cabinet reshuffle in which two officers lost their posts.
4. A lawyer for the European Union on Wednesday accused AstraZeneca of not respecting its contract with the 27-nation bloc for the supply of COVID-19 vaccines and of failing to warn it in time of large cuts to deliveries.
5. *US Secretary of State Antony Blinken on Wednesday met Egyptian President Abdel Fattah al-Sisi in Cairo to shore up the ceasefire that ended the worst fighting in years between Israel and Palestinian militants* .
6. *The coastal areas of Bangladesh experienced moderate to heavy showers and high tidal waves under the impact of the cyclone Yaas* which bypassed the coast of Bangladesh and made landfall on the Odisha- West Bengal coast.
7. Russia said, it had the ability for the first time to operate long-range strategic nuclear-capable bombers from its air base in Syria.
8. *Stunning images of the Super Flower Blood Moon has left people around the world gasping.* A super blood moon is a combination of a total lunar eclipse and a brighter-than-usual supermoon. The biggest draw of this celestial event is that a supermoon and a total lunar eclipse are occurring simultaneously. In the past 10 years, there have been just 10 total lunar eclipses.
*🚣🚴🏇🏁🏊Sports:*
1. *In Asian Boxing Championship, silver medalist Amit Panghal defeated Kharkhuu Enkhmandakh 3-2 in the 52kg quarter-finals at the 2021 Asian Championships in Dubai.* 10 Indian women boxers including Six-time world champion MC Mary Kom, Simranjit, Sakshi, Jaismine, Lalbuatsaihi, Lovlina Borgohain, Pooja Rani, Monika, Saweety and Anupama will play their respective semi-finals today.
2. Northern Railway has ordered suspension of wrestler Sushil Kumar after he was arrested by Delhi Police in a murder case. Sushil Kumar was appointed as senior commercial manager in Northern Railway and he was on deputation with Delhi government since 2015. He was posted as an Officer on Special Duty (OSD) at Chhatrasal Stadium to look after development of sports at school level.
3. Indian football team stars, including skipper Sunil Chhetri, on Wednesday expressed confidence of doing well in the joint 2022 World Cup and 2023 Asian Cup Qualifiers next month, despite their preparations not being ideal owing to the COVID-19 pandemic. India are scheduled to play Asian champions Qatar on June 3, Bangladesh on June 7, and Afghanistan on June 15, with all three matches to be played at the Jassim Bin Hamad Stadium.
*USD 72.74 💷GBP 102.74*
_In Hyderabad(Telangana)_
*🥇Gold ₹50,240©10 gm 24 (Krt)*
🥈 *Silver ₹77,300©Kg*
⛽ *Petrol ₹ 97.27*
⛽ *Diesel ₹ 92.07*
*LPG : ₹ 861.50/14.2 Kg*
*BSE Sensex* 51,017.52
*NIFTY* : 15,301.45
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
*🇮🇳Facts about India🇮🇳*
*Sambhaji* (14 May 1657 – 11 March 1689) was the second ruler of the Maratha kingdom. He was the eldest son of Shri Chatrapati Shivaji, the founder of the Maratha Empire and his first wife Saibai. He was successor of the realm after his father's death, and ruled it for nine years. Sambhaji's rule was largely shaped by the ongoing wars between the Maratha kingdom and Mughal Empire as well as other neighbouring powers such as the Siddis, Mysore and the Portuguese in Goa. In 1689, Sambhaji was captured, tortured and executed by the Mughals, and succeeded by his brother Rajaram I.
*😀Thought of the day*
If I could not do great things, I can do small things in great way.
*😳Why❓❓❓*
*What adaptations allow the frog to live on land and in water?*
Frogs start their lives as aquatic tadpoles with gills to breathe. As tadpoles grow into frogs, lungs replace the gills and allow frogs to breathe on land. Frogs' skin is covered by a layer of slime that dissolves oxygen from air and water. Numerous blood vessels present in frogs' thin skin absorb the oxygen
*LEARN Sanskrit*🙏🏻
*तदनन्तर* - बाद में (after that/this)
💁🏻♂️ *GK TODAY*
The nearly 3,500-km-long Line of Actual control is the de-facto border between India & China.
🤔 *How it works* ⁉
*How a bullet works...* 🔫
When you pull the trigger of a gun, a spring mechanism hammers a metal firing pin into the back end of the cartridge, igniting the small explosive charge in the primer. The primer then ignites the propellant—the main explosive that occupies about two thirds of a typical cartridge's volume.
6. *The coastal areas of Bangladesh experienced moderate to heavy showers and high tidal waves under the impact of the cyclone Yaas* which bypassed the coast of Bangladesh and made landfall on the Odisha- West Bengal coast.
7. Russia said, it had the ability for the first time to operate long-range strategic nuclear-capable bombers from its air base in Syria.
8. *Stunning images of the Super Flower Blood Moon has left people around the world gasping.* A super blood moon is a combination of a total lunar eclipse and a brighter-than-usual supermoon. The biggest draw of this celestial event is that a supermoon and a total lunar eclipse are occurring simultaneously. In the past 10 years, there have been just 10 total lunar eclipses.
*🚣🚴🏇🏁🏊Sports:*
1. *In Asian Boxing Championship, silver medalist Amit Panghal defeated Kharkhuu Enkhmandakh 3-2 in the 52kg quarter-finals at the 2021 Asian Championships in Dubai.* 10 Indian women boxers including Six-time world champion MC Mary Kom, Simranjit, Sakshi, Jaismine, Lalbuatsaihi, Lovlina Borgohain, Pooja Rani, Monika, Saweety and Anupama will play their respective semi-finals today.
2. Northern Railway has ordered suspension of wrestler Sushil Kumar after he was arrested by Delhi Police in a murder case. Sushil Kumar was appointed as senior commercial manager in Northern Railway and he was on deputation with Delhi government since 2015. He was posted as an Officer on Special Duty (OSD) at Chhatrasal Stadium to look after development of sports at school level.
3. Indian football team stars, including skipper Sunil Chhetri, on Wednesday expressed confidence of doing well in the joint 2022 World Cup and 2023 Asian Cup Qualifiers next month, despite their preparations not being ideal owing to the COVID-19 pandemic. India are scheduled to play Asian champions Qatar on June 3, Bangladesh on June 7, and Afghanistan on June 15, with all three matches to be played at the Jassim Bin Hamad Stadium.
*USD 72.74 💷GBP 102.74*
_In Hyderabad(Telangana)_
*🥇Gold ₹50,240©10 gm 24 (Krt)*
🥈 *Silver ₹77,300©Kg*
⛽ *Petrol ₹ 97.27*
⛽ *Diesel ₹ 92.07*
*LPG : ₹ 861.50/14.2 Kg*
*BSE Sensex* 51,017.52
*NIFTY* : 15,301.45
Ⓝⓐⓥⓔⓔⓝ Ⓚⓤⓜⓐⓡ
*🇮🇳Facts about India🇮🇳*
*Sambhaji* (14 May 1657 – 11 March 1689) was the second ruler of the Maratha kingdom. He was the eldest son of Shri Chatrapati Shivaji, the founder of the Maratha Empire and his first wife Saibai. He was successor of the realm after his father's death, and ruled it for nine years. Sambhaji's rule was largely shaped by the ongoing wars between the Maratha kingdom and Mughal Empire as well as other neighbouring powers such as the Siddis, Mysore and the Portuguese in Goa. In 1689, Sambhaji was captured, tortured and executed by the Mughals, and succeeded by his brother Rajaram I.
*😀Thought of the day*
If I could not do great things, I can do small things in great way.
*😳Why❓❓❓*
*What adaptations allow the frog to live on land and in water?*
Frogs start their lives as aquatic tadpoles with gills to breathe. As tadpoles grow into frogs, lungs replace the gills and allow frogs to breathe on land. Frogs' skin is covered by a layer of slime that dissolves oxygen from air and water. Numerous blood vessels present in frogs' thin skin absorb the oxygen
*LEARN Sanskrit*🙏🏻
*तदनन्तर* - बाद में (after that/this)
💁🏻♂️ *GK TODAY*
The nearly 3,500-km-long Line of Actual control is the de-facto border between India & China.
🤔 *How it works* ⁉
*How a bullet works...* 🔫
When you pull the trigger of a gun, a spring mechanism hammers a metal firing pin into the back end of the cartridge, igniting the small explosive charge in the primer. The primer then ignites the propellant—the main explosive that occupies about two thirds of a typical cartridge's volume.
As the propellant chemicals burn, they generate lots of gas very quickly. The sudden, high pressure of the gas splits the bullet from the end of the cartridge, forcing it down the gun barrel at extremely high speed (300 m/s or 1000 ft/s is typical in a handgun).
🛕 *VEDIC GYAN*
*Jatayu* ( जटायुः) is a demi-god who has the form of a vulture or eagle. He is the younger son of Aruṇa and his wife Shyeni, as well as the brother of Sampati and an old friend of Dasharatha (Rama's father). Jatayu was the first person who tried to rescue Sita from the clutches of Ravana while he was taking her to Lanka.
According to the legend, it is believed that Jatayu fell on the rocks in Chadayamangalam in Kerala after his wings were clipped off by Ravana. Formerly, the place was called Jatayumangalam.
Lepakshi in Andhra Pradesh is also attributed as the place where Jatayu fell after being wounded by Ravana. Rama is said to have commanded the bird to rise, saying Le Pakshi (literally: "Get up, Bird" in Telugu), hence the name for the village
🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Aloe vera gel* acts as a natural astringent. It removes dead cells and excess oil to clear the skin. Those antioxidants in Aloe Vera also work to fight free acne radicals, repair damaged skin, and diminish scar formation. The vitamins and minerals in Aloe Vera work to help lighten scars on the skin
*Regards*
╭───────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰───────────────────╯
🛕 *VEDIC GYAN*
*Jatayu* ( जटायुः) is a demi-god who has the form of a vulture or eagle. He is the younger son of Aruṇa and his wife Shyeni, as well as the brother of Sampati and an old friend of Dasharatha (Rama's father). Jatayu was the first person who tried to rescue Sita from the clutches of Ravana while he was taking her to Lanka.
According to the legend, it is believed that Jatayu fell on the rocks in Chadayamangalam in Kerala after his wings were clipped off by Ravana. Formerly, the place was called Jatayumangalam.
Lepakshi in Andhra Pradesh is also attributed as the place where Jatayu fell after being wounded by Ravana. Rama is said to have commanded the bird to rise, saying Le Pakshi (literally: "Get up, Bird" in Telugu), hence the name for the village
🧬 *HEALTH CARE:© HOME REMEDIES*🩺
( *Note* : These home tips followed in villages/ancient traditions, it is up to you to use it or not🙏🏻)
*Aloe vera gel* acts as a natural astringent. It removes dead cells and excess oil to clear the skin. Those antioxidants in Aloe Vera also work to fight free acne radicals, repair damaged skin, and diminish scar formation. The vitamins and minerals in Aloe Vera work to help lighten scars on the skin
*Regards*
╭───────────────────╮
*🙏PLZ FOLLOW GOVT. NORMS, MAINT SOCIAL DISTANCE, KEEP YOURSELF ©YOUR FAMILY SAFE🌼*
╰───────────────────╯
Trading Tweaks
Price Band Revised From 20% To 10%: Barbeque Nation Hospitality, Butterfly Gandhimathi Appliances, Hindustan Media Ventures
Move Into Short-Term ASM Framework: Anjani Portland Cement, HT Media, Ruchi Soya Industries, Thangamayil Jewellery, AVT Natural Products, Navneet Education, TV Today Network, Dish TV India, Hester Biosciences
Move Out Of ASM Framework: Chambal Fertilisers & Chemicals
Move Into ASM Framework: Dishman Carbogen Amcis, Butterfly Gandhimathi Appliances
Move Out Of ASM Framework: Ruchi Soya Industries
Ex-Date Final Dividend: Avantel, Cigniti Technologies
Ex-Date Income Distribution: IndInfravit Trust Record Date
Scheme Of Arrangement And Dividend: Britannia Industries
Record Date Final Dividend: Tata Consultancy Services
Price Band Revised From 20% To 10%: Barbeque Nation Hospitality, Butterfly Gandhimathi Appliances, Hindustan Media Ventures
Move Into Short-Term ASM Framework: Anjani Portland Cement, HT Media, Ruchi Soya Industries, Thangamayil Jewellery, AVT Natural Products, Navneet Education, TV Today Network, Dish TV India, Hester Biosciences
Move Out Of ASM Framework: Chambal Fertilisers & Chemicals
Move Into ASM Framework: Dishman Carbogen Amcis, Butterfly Gandhimathi Appliances
Move Out Of ASM Framework: Ruchi Soya Industries
Ex-Date Final Dividend: Avantel, Cigniti Technologies
Ex-Date Income Distribution: IndInfravit Trust Record Date
Scheme Of Arrangement And Dividend: Britannia Industries
Record Date Final Dividend: Tata Consultancy Services
Who’s Meeting Whom
Computer Age Management Services: To meet Stewart Investors on May 27, Capital Group on May 31 and Warburg Pincus on June 1. Further the company will meet FSSA Investments and Avendus Capital on June 2 and Harding Loevner on June 3.
Computer Age Management Services: To meet Stewart Investors on May 27, Capital Group on May 31 and Warburg Pincus on June 1. Further the company will meet FSSA Investments and Avendus Capital on June 2 and Harding Loevner on June 3.
Insider Trades
Godrej Agrovet: Promoter Godrej Industries bought 2,058 shares on May 21.
Jindal Steel & Power: Promoter Urmila Bhuwalka bought 2,500 shares on May 19.
Sandhar Technologies: Promoter Jayant Davar bought 1,044 shares on May 26.
Ultramarine & Pigments: Promoters (Sridhar Sundararajan, Jayalakshmi Venkataraman and S Narayan) sold 15,000 shares on May 25
Godrej Agrovet: Promoter Godrej Industries bought 2,058 shares on May 21.
Jindal Steel & Power: Promoter Urmila Bhuwalka bought 2,500 shares on May 19.
Sandhar Technologies: Promoter Jayant Davar bought 1,044 shares on May 26.
Ultramarine & Pigments: Promoters (Sridhar Sundararajan, Jayalakshmi Venkataraman and S Narayan) sold 15,000 shares on May 25
Pledge Share Details
Adani Ports And Special Economic Zone: Promoter Group (Gautam Adani and Rajesh Adani) revoked pledge of 20.50 lakh shares on May 25.
Adani Transmission: Promoter Group (Gautam Adani and Rajesh Adani) revoked pledge of 3.50 lakh shares on May 25.
Emami: Promoter Sneha Enclave created a pledge of 24.86 lakh shares between May 24-25.
Max Financial Services: Promoter Max Ventures Investment Holdings revoked pledge of 16.67 lakh shares between May 24-25.
Mangalore Chemicals & Fertilizers: Promoter Zuari Agro Chemicals revoked pledge of 72 lakh shares on May 21.
Steel Strips Wheels: Promoter Chandigarh Developers revoked pledge of 16,000 shares on May 25.As reported on May 26.
Adani Ports And Special Economic Zone: Promoter Group (Gautam Adani and Rajesh Adani) revoked pledge of 20.50 lakh shares on May 25.
Adani Transmission: Promoter Group (Gautam Adani and Rajesh Adani) revoked pledge of 3.50 lakh shares on May 25.
Emami: Promoter Sneha Enclave created a pledge of 24.86 lakh shares between May 24-25.
Max Financial Services: Promoter Max Ventures Investment Holdings revoked pledge of 16.67 lakh shares between May 24-25.
Mangalore Chemicals & Fertilizers: Promoter Zuari Agro Chemicals revoked pledge of 72 lakh shares on May 21.
Steel Strips Wheels: Promoter Chandigarh Developers revoked pledge of 16,000 shares on May 25.As reported on May 26.