Britannia call option given to Premium group members on 26 May ,Friday made a high of 79.9❤️❤️

34.9 points done ❤️✅
34.9*200 lot size
₹6980 profit per lot❤️❤️

Booked 50% Holdings

Members can book profit at their own comfort or hold with TSL

Imfa call given to all group members day on 1st June, friday made a high of 479❤️❤️

9% returns done ❤️✅
All Short Term Targets Done✅ Only Last Target pending

Members can book profit at their own comfort or hold with TSL

Tweet Buster: How a demerger can unlock value for ITC shareholders
https://economictimes.indiatimes.com/markets/stocks/news/tweet-buster-how-a-demerger-can-unlock-value-for-itc-shareholders/articleshow/83278855.cms

MARKET WIZARD NEWSLETTER ISSUE 13

Fundamental Stocks

▶️Lincoln Pharmaceuticals Ltd
▶️TV 18 Broadcast Ltd
▶️Triton Valves Ltd
▶️Cerebra Integrated Technologies Ltd

Technical Stocks

▶️Agri-Tech (India) Ltd
▶️Mazagon Dock Shipbuilders Ltd
▶️Sadbhav Engineering Ltd
▶️Simplex Infra Ltd - SPECIAL PICK
▶️Tera Software Ltd

TEAM MARKET WIZARD

Vijay Mallya's properties, securities worth Rs 5,600 crore to be auctioned: PNB https://www.timesnownews.com/business-economy/companies/article/vijay-mallyas-properties-securities-worth-rs-5600-crore-to-be-auctioned-pnb/766580

PNB Q4 Result Update
Bad results posted on all fronts

NII and NIM came sharply lower
▫️ Net Interest Income at 6938 cr vs 8314 cr (-17% QoQ)
▫️NIM fell sharply to just 2.88% vs 3.09% (-21 bps QoQ). Massive decline

Highest ever Quarterly Slippages
▫️Fresh slippages at massive 24,172 cr vs 1,150 cr (+2000% QoQ)
▫️Massive Slippage ratio at 4.40% vs 1.09% (+331 bps QoQ)

▫️Credit Cost deteriorates further to 2.24% vs 2.05% (+19 bps QoQ)

Asset Quality Deteriorates Sharply
▫️Gross NPAs at 1,04,424 cr vs 94,479 cr (+11% QoQ)
▫️Gross NPA at 14.12% vs 12.99% (113 bps QoQ)

▫️Net NPAs at 38,576 cr vs 26,598 cr (+45% QoQ)
▫️Net NPA at 5.73% vs 4.03% (+170 bps QoQ)

Provision Coverage Ratio (PCR) Deteriorated Sharply
▫️PCR at 80.14% vs 85.16% (-502 bps QoQ)

Weak Loan Book. Huge Share of Sub-Standard Loans
▫️Sub-Standard loans at massive 22,980 cr vs 4,220 cr
▫️Sub-Standard loans at 3.11% vs 0.58% (+253% QoQ)

▫️Further 60,382 cr classified as Doubtful (Huge 8.2% of Loan Book)

▫️Huge SMA 2 accounts at 33,007 cr vs 15,078 cr (+119%). This indicates huge stress in loan books. Accounts likely to be classified as NPAs now.

▫️SMA 2 accounts at 4.46% vs 1.98% (+248 bps)

Banks Performance has deteriorated sharply and stock price is likely to collapse in coming days. Stock had run up sharply by 40% in anticipation of good results but with such pathetic performance and hugely stressed Loan Book, PNB is likely to collapse even more.

Renuka Sugars is originally promoted by Narendra Murukumbi.

High debt + unnecessary acquisition of two brazilian companies followed by sugar downcycle + forex losses.. all have come together to make Renuka Sugars a sick and loss making company.

Later, NM sold his complete stake to Singapore based agri major Wilmar. Wilmar now holds 62.5% stake in the company. So Renuka is not old Renuka, its now controlled by Wilmar, the largest sugar co in the world. Renuka has highest ethanol capacity in India, higher than what Balrampur chini has, and has biggest sugar refinery in India.

Largest ethanol capacity + fully forward - integrated sugar unit + Sugar refinery located to near Port is what makes Renuka story interesting.

Banks own 18% in Renuka. ICICI Bank owns 9% and IDBI owns 6%... IDBI seen selling this stock in the recent past. Their acquisition cost is Rs 16 per share. Once selling by these banks is absorbed, stock can perform well.

Perception of Renuka Sugar will change once name of Shree Renuka Sugar changes to Wilmar Sugar co...
&
Most important thing abt Wilmar is that
Wilmar is THE LARGEST MARKET CAP LISTED ON SINGAPORE STOCK EXCHANGE....
&
Last year Wilmar came out with IPO in China...
& It's Wilmar China was HIGEST OVERSUCRIBED issue in China..it was oversubscriped by abt 1740 times...

GM jsk stock in news uttamsugar,praj, indiaglycol,relinfra,jktyre,hfcl,vimta,equitas small bank, hemisphere,anjel,adanipower,moil,cochinship,mazdock,ifgl,pvr,Inox,venkys, phoenix,tatamot,cadila,lnt. Negative stocks iol chem, jubiliant pharma,pnb. Nifty range 15600-15850.

*Good Morning*
• India Collected 1.03T Rupees as GST Amid Lockdowns in May
• India Central Bank Expands QE as Growth Seen Faltering
o Announces $16.4b bond-buying plan, among other steps
• India Consumer Confidence Drops to Record Low, RBI Survey Shows
• India Issues Final Warning to Twitter to Comply With New Rules
• Covid Crisis Drives IndiGo to Worse-Than-Expected Loss
o Indian carriers need $5 billion to survive, CAPA says
• Bitcoin-Based Lender Raises $25 Million as Loan Growth Soars
• India FX Reserves Will Help Tide Global Spillovers, RBI Says
• India Forex Reserves Rise $5.3b to $598.2b in Week to May 28
o India Official Reserves Rise to Record in May
• Two-Thirds of Mid-Size Cos Eligible for Debt Recast Now: Crisil
• Global LNG Demand Growth Advances as China Restocks Supplies
• India Cumulative Monsoon Rainfall 62% Above Normal June 4
• Global Funds Buy Net INR15B of India Stocks on June 4: NSE
o Domestic funds sell net 11.75b rupees of stocks
• Foreign Investors Buy Net INR11.9B of India Equities on June 3
• Foreigners Buy Net INR13B of India Equity Derivatives on June 4
• No Bubble in India’s Equity Markets, Sitharaman Tells Standard
• FM meets heads of insurers; stresses on faster claim settlement: PTI
• India likely to benefit from global minimum 15% corporate tax pact; foreign investments to continue: Experts: PTI
• PNB to Take Stake in India’s Asset Reconstruction Company: ET
• PNB eyes 3-fold rise in profit at nearly INR60B in FY’22: PTI
• India’s Paytm Sees 11% Drop in FY21 Revenues; Cuts Losses: Mint
• Axis Bank (AXSB): Axis Bank Says Report of Spandana Sphoorty Buy Speculative
• Dewan Housing Finance (DEWH): 4Q profit 967.8m rupees vs loss 76.3b y/y
• InterGlobe Aviation (INDIGO): 4Q net loss 11.5b rupees vs 8.71b year ago; revenue -26% to 63.6b
• Jubilant Pharmova Ltd (JUBLPHAR): 4Q net income 2.14b rupees; revenue 15.8b; Div/SHR 5 Rupees
• MOIL Ltd. (MOIL): 4Q net income 1.16b rupees vs 135m year ago; revenue 4.5b rupees vs 2.49b
• Punjab National (PNB): 4Q net income 5.86b rupees vs. loss 6.97b y/y, misses est. 6.27b; Gross NPA 14.1% vs. 13.0% q/q
• Va Tech Wabag (VATW): 4Q group net income 465.3m vs 304.7m y/y; revenue 9.99b rupees vs 7.85b

*SGX Nifty +75 pts (15774) from last trade 15699 ,*


Nikkei +135 pts ,
Hangseng +67 pts ,
Now @6.52am .



Dow +179.35 pts ,Nsdq +199.98 pts, S&P

+37.04 pts, , Bovespa +524 pts , Ftse +4 pts  , Dax +60 pts , Cac +7 pts , Crude @ $69.65 brl (+0.03), Brent @ $71.88 brl (-0.01) , Gold @ 1891.50 (-0.50), Silver @ $27.87 (-0.03), Euro @ $1.2168, JPY @ $109.60,  INR @ 72.865




*Today's Corporate Action*

*7th Jun Ex Date*



JAYBARMARU

Bonus issue 1:1

NELCO

Dividend - Rs. - 1.2000





*Today's Key Results/Board Meetings*

*7-Jun-21*



AMNPLST

Dividend;Audited Results

ARCHITORG

Audited Results;Quarterly Results

ASRL

General;Audited Results;Quarterly Results

BSL

Final Dividend;Audited Results

CENTRALBK

Audited Results

DML

General;Audited Results

FAIRCHEMOR

Dividend;Audited Results

FRONTSP

Audited Results

GRAVISSHO

Audited Results

JAYATMA

Quarterly Results

JPTRLES

General;Audited Results

MOLDTEK

Final Dividend;Audited Results

MRF

Final Dividend;Audited Results

NKIND

Audited Results

SEAMECLTD

Audited Results

SHREEPUSHK

Dividend;Issue Of Warrants;Audited Results

VICTMILL

Final Dividend;General;Audited Results






*Stock under F&O ban on NSE*

*7-Jun-21*



1IBULHSGFIN

2PNB

3SAIL

4SUNTV

https://mybs.in/2Zf5Gvn Value of Indias top 100 brands up 2% in 2021; Tata Group most valuable

*Economic Times*
*Business Standard*
Ø  'Indian consumer confidence hits record low in May 2021 amid COVID second wave': RBI survey
Ø  SIDBI invites bids from consultants to help set up Rs 20,000 cr NaBFID
Ø  India slips two spots on 17 SDGs adopted: Report
Ø  Biden reinvigorates tariff war against India with retaliation against digital tax
Ø  Labour codes on the cards: Cos' PF liability to go up, workers to see reduction in take-home pay
Ø  India likely to benefit from global minimum 15% corporate tax pact
Ø  Reckitt Benckiser to sell China baby-formula business in $2.2-bn deal
Ø  AMC Entertainment drama is exposing risks in $11 trillion world of indexing
Ø  Private equity firms in deal to acquire Medline for about $34 billion
Ø  DHFL back in the black, posts Rs 97-crore net profit in March quarter
Ø  No green shoots: New investment projects fall in FY21, lowest since FY05
Ø  India continues to be one of stronger markets among Asian Ems: Ritu Arora

*Business Line*
*Mint*
Ø  ICDs: Concor to lease Railway land for 35 years in ₹3,500-cr deal
Ø  Debt scheme redemptions: SEBI to charge key officials of Franklin MF with fraud
Ø  Bombay Burmah to exit plantations business
Ø  In a turnaround, FPI buy stocks worth ₹7,967 cr
Ø  Digital piracy rises amid pandemic; original content creators lose money: EY
Ø  Franklin Templeton investors to get ₹3,205 cr in fourth tranche 
Ø  DHFL resolution case: NCLT to pass order on Monday
Ø  Yellen says higher interest rates would be ‘plus’ for US, Federal Reserve
Ø  Paytm to lend founder Sharma’s firms ₹743 crore ahead of IPO
Ø  RIL’s startups step in to  limit  covid-19 damage, boost business

*Financial Express*
*Business  World*
Ø  Second COVID-19 wave not to impact India’s agri sector in any way: Niti Aayog
Ø  G-7 nations sign key pact to make tech giants pay fair taxes
Ø  Power Crisis: Despite PFC-REC loan, discoms’ dues rise 8% at April-end
Ø  Ebixcash Ropes In Economist SP Kothari to its Board Of Directors
Ø  Reliance Infra Board Approves Raising Up To Rs 550.56 Cr Via Preferential Allotment

World Markets

Dow + 179
Nasdaq + 200
Dax + 60
Nikkei + 103
Hangseng - 60
Sgxnifty + 69 (15768)
Brent Crude 72.15
Dow Fut - 32
Dollar Index 90.16

Stocks To Watch

Axis Bank: Says report of Spandana Sphoorty buy speculative.

Reliance Infrastructure: Approved fundraising of Rs 550.56 crore via preferential allotment to promoter group and Varde Investment Partners. The company will allot up to 8.88 crore shares or warrants convertible into equivalent number of shares. Funds to be utilised for 'long term resources, for general corporate purposes,fund future growth and also to reduce debt'.

Punjab National Bank: To exit shareholding in Canara-HSBC-OBC life insurance venture in 12-18 months, said MD & CEO, CH Mallikarjuna Rao. Bank had been given forbearance till March 31, 2021, to exit second insurance business by the insurance regulator. Board has decided to exit the second business now that the merger process has been completed.PNB to continue holding its stake in PNB Metlife.

RBL Bank: RBI has approved the reappointment of Vishwavir Ahuja as the MD and CEO of the bank for a period of one year effective June 30. Ahuja has been MD & CEO of RBL Bank since 2010.

Bajaj Finance: Bounce rate in the April-June quarter is 1.08x of the rate in January-March due to the severity of the second wave, the company said. Expects gross gross and net NPAs to be higher in Q1 and Q2 due to collections constraints. The company expects incremental credit cost of Rs 1,100-1,300 crore than planned credit costs in FY22. Bajaj Finance's B2B and auto finance businesses were worst hit due to lockdown in April and May. Business volumes in these two businesses dropped to 70% of planned volumes in April and further dropped to 40% in May. The company estimates Rs 4,000-5,000 crore worth impact on AUM growth plan in FY22, with a higher impact in the first quarter.

Jammu & Kashmir Bank: Approved raising up to Rs 500 crore by issue of equity shares through preferential allotment to Government of Jammu & Kashmir.

Force Motors: The company's total production in May stood at 1,306 units. It reported domestic sales of 1,306 units and exports of 154 units.

NHPC: Incorporated a joint venture company with Jammu and Kashmir State Power Development Corporation called Ratle Hydroelectric Power Corporation on June 1. The JV will implement Ratle Hydro-electric Project (850 MW) in the Chenab River Basin. NHPC will hold a 51% stake in the JV.

Equitas Small Finance Bank: Collection efficiency in May stood at 77.84% compared to April’s 105.16%. Billing efficiency stood at 66.97% compared to April’s 84.68%.

Welspun Corp: American Petroleum Institute has granted a license to manufacture SAWH pipes as per API specification 5L and to apply API monogram on the pipes effective May 26. This will help the company to cater to the needs of the Indian oil and gas market.

Mishra Dhatu Nigam: Allotted 1000 commercial papers of Rs 5 lakh each aggregating to Rs 50 crore to Union Bank of India on a private placement basis.

REC: Transferred entire shareholding of Fatehgarh Bhadla Transco and Sikar New Transmission-- the project-specific SPVs of the company-- at par value along with all their assets and liabilities to Power Grid Corporation of India on June 4.

Ganesha Ecosphere: A major fire accident took place at the company's Kanpur Polyester Staple Fiber Unit on June 4 at around 3.30 am. No injuries were reported. The fire has caused major damage to the building, machinery, raw material and finished goods, the company said.

Earnings: MRF, Central Bank Of India, Union Bank Of India, Mrs. Bectors Food Specialities, The New India Assurance Company, Dynamatic Technologies, Fairchem Organics, Jubilant Ingrevia, Seamec, SMC Global Securities, Yuken India.

Insider Trades

Aarti Industries: Promoter Shreya Suneja sold 5,000 shares on June 1.

Asian Granito India: Promoters (Sureshbhai Patel and Chhayaben Patel) sold 4.95 lakh shares on June 3. Promoter Sureshbhai Patel bought 2.39 lakh shares on June 3.

Dixon Technologies (India): Promoter Geeta Vaswani sold 1,000 shares on June 1.

Godrej Agrovet: Promoter Godrej Industries bought 26,426 shares on June 1

1. GRM Overseas: Promoters (Mamta Garg and Atul Garg) bought 4,200 shares between June 2-3.

Suprajit Engineering: Promoters (Aashish Rai, Akhilesh Rai and Ashutosh Rai) bought 15,894 shares between June 1-3.

Ultramarine & Pigments: Promoters (Sridhar Sundararajan HUF, Kala Sundarvedha and S Narayan) sold 28,924 on June 3.

Pledge Share Details

JSW Steel: Promoters (JTPM Metal Traders and Siddeshwari Tradex) revoked pledge of 38.84 lakh shares between June 1-2. Promoter JSW Techno Projects Management created a pledge of 32.31 lakh shares on May 31.

Jindal Steel & Power: Promoter Siddeshwari Tradex revoked pledge of 23 lakh shares between June 1-2

Who’s Meeting Whom

Sudarshan Chemical Industries: To meet ICICI Prudential MF on June 7.

Renaissance Global: To meet VK Capital on June 7.

Blue Star: To meet Cooper Investors on June 7.

Crompton Greaves Consumer Electricals: To meet Franklin Templeton on June 7 and BOB Capital and Ambit Capital on June 9.

Trading Tweaks

Ex-Date Bonus Issue: Jay Bharat Maruti

Ex-Date Dividend: Nelco Record Date Interim Dividend: City Union Bank, Manappuram Finance

Move Out Of Short-Term ASM Framework: Hester Biosciences, Anjani Portland Cement, HT Media, Ruchi Soya Industries, Thangamayil Jewellery, AVT Natural Products, Navneet Education, TV Today Network, PNB Housing Finance

Move Into ASM Framework: PNB Housing Finance JSW Holdings, Shakti Pumps (India)

Money Market Update

The rupee ended at 73 against the U.S. Dollar on Friday as compared to Thursday's closing of 72.90.

Stocks Ban In F&O:

Indiabulls Housing,
PNB,
Sail,
Sun TV