*Dalal Street Week Ahead: Here are 10 key factors that will keep traders busy next week*
*🔸RESULTS*
In the last leg of quarterly earnings, more than 1700 BSE listed companies are going to declare their March quarter earnings in the coming week.
SpiceJet, Hindustan Motors, BF Utilities, Archies, Zee Learn, Suzlon Energy, Sunteck Realty, Subros, Sintex Industries, Rail Vikas Nigam, Ruby Mills, Ruchi Soya Industries, NBCC (India), MEP Infrastructure Developers, GMDC, A2Z Infra Engineering, Scooters India, Premier Explosives, NALCO, ISGEC Heavy Engineering, IFCI, Hindustan Aeronautics, Gammon India are among the companies which are going to announced their quarterly earnings in the this week.
*🔸CORONAVIRUS AND VACCINATION*
India achieved its highest weekly vaccination figure so far as nearly four crore jabs were administered this week.
*🔸JUNE AUTO SALES*
Auto companies are going to remain in focus, as they are going to declare their monthly sales number for the month of June on July 1.
*🔸MARKET MANUFACTURING PMI*
Nikkei Markit Manufacturing PMI numbers are going to announce on July 1.
*🔸FII SELLING*
Foreign investors remained net sellers in the cash segment of the Indian equity markets in the last week.
Foreign institutional investors (FIIs) sold equities worth Rs 2,685.9 crore, while domestic institutional investors (DIIs) bought equities worth Rs 4,729.17 crore last week.
So far in June, FIIs have bought equities worth Rs 3,162.86 and DIIs have bought equities worth Rs 2,436.20 crore.
https://www.moneycontrol.com/news/business/dalal-street-week-ahead-here-are-10-key-factors-that-will-keep-traders-busy-next-week-22-7091891.html
*🔸RESULTS*
In the last leg of quarterly earnings, more than 1700 BSE listed companies are going to declare their March quarter earnings in the coming week.
SpiceJet, Hindustan Motors, BF Utilities, Archies, Zee Learn, Suzlon Energy, Sunteck Realty, Subros, Sintex Industries, Rail Vikas Nigam, Ruby Mills, Ruchi Soya Industries, NBCC (India), MEP Infrastructure Developers, GMDC, A2Z Infra Engineering, Scooters India, Premier Explosives, NALCO, ISGEC Heavy Engineering, IFCI, Hindustan Aeronautics, Gammon India are among the companies which are going to announced their quarterly earnings in the this week.
*🔸CORONAVIRUS AND VACCINATION*
India achieved its highest weekly vaccination figure so far as nearly four crore jabs were administered this week.
*🔸JUNE AUTO SALES*
Auto companies are going to remain in focus, as they are going to declare their monthly sales number for the month of June on July 1.
*🔸MARKET MANUFACTURING PMI*
Nikkei Markit Manufacturing PMI numbers are going to announce on July 1.
*🔸FII SELLING*
Foreign investors remained net sellers in the cash segment of the Indian equity markets in the last week.
Foreign institutional investors (FIIs) sold equities worth Rs 2,685.9 crore, while domestic institutional investors (DIIs) bought equities worth Rs 4,729.17 crore last week.
So far in June, FIIs have bought equities worth Rs 3,162.86 and DIIs have bought equities worth Rs 2,436.20 crore.
https://www.moneycontrol.com/news/business/dalal-street-week-ahead-here-are-10-key-factors-that-will-keep-traders-busy-next-week-22-7091891.html
Moneycontrol
Dalal Street Week Ahead: Here are 10 key factors that will keep traders busy next week
We remain cautiously optimistic on the markets and suggest aligning the positions accordingly, says Ajit Mishra of Religare Broking.
Dodla Dairy :- The issue with price band of Rs. 421 to 428 witnessed premiums at
Rs. 40-45 on June 11 but surged to Rs. 170-175 in two-three days but crumbled to Rs.
45-50 and now it is around Rs. 85-90. It is believed that speculative trading has taken
place so premiums are difficult to sustain after listing.
Krishna Institute of Medical Sciences ;:- in the issue with offer price band of Rs.
815-825 started at Rs. 20-25 on June 14 and went up to Rs. 60-65 and then to Rs90-95
but suddenly crumbled to Rs. 30.-35. It has surged to Rs. 130-135. It is believed that
Ashish Kacholia has made a bid of Rs. 180 crore for 20 lakh equity shares leading to the
spurt in premiums.
India Pesticides :- The issue with offer price of Rs. 290-296 witnessed premiums of
Rs. 100-110 on June 18 but were in seller circuit and now it is around Rs. 40-45.
Rs. 40-45 on June 11 but surged to Rs. 170-175 in two-three days but crumbled to Rs.
45-50 and now it is around Rs. 85-90. It is believed that speculative trading has taken
place so premiums are difficult to sustain after listing.
Krishna Institute of Medical Sciences ;:- in the issue with offer price band of Rs.
815-825 started at Rs. 20-25 on June 14 and went up to Rs. 60-65 and then to Rs90-95
but suddenly crumbled to Rs. 30.-35. It has surged to Rs. 130-135. It is believed that
Ashish Kacholia has made a bid of Rs. 180 crore for 20 lakh equity shares leading to the
spurt in premiums.
India Pesticides :- The issue with offer price of Rs. 290-296 witnessed premiums of
Rs. 100-110 on June 18 but were in seller circuit and now it is around Rs. 40-45.
Tech Mahindra Ltd has struck its fifth acquisition this year with a deal to purchase US-based Brainscale Inc for up to $28.8 million (Rs 214 crore) in cash.
PG Electroplast will be setting up a new air-conditioner manufacturing plant at Ahmednagar in Maharashtra.
https://www.cnbctv18.com/business/pg-electroplast-lines-up-rs-100-crore-investment-for-fy22-to-focus-on-enhancing-ac-manufacturing-capacity-9793861.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
https://www.cnbctv18.com/business/pg-electroplast-lines-up-rs-100-crore-investment-for-fy22-to-focus-on-enhancing-ac-manufacturing-capacity-9793861.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
Cnbctv18
PG Electroplast lines up Rs 100 crore investment for FY22; to focus on enhancing AC manufacturing capacity
PG Electroplast will be setting up a new air-conditioner manufacturing plant at Ahmednagar in Maharashtra.
Clinical trials over, Zydus Cadila vaccine for 12-18 age group soon: Centre informs Supreme Court: The Centre on Saturday informed the Supreme Court that Zydus Cadila, which is developing DNA vaccine,... https://indiatoday.app.link/Pux2JiNjqhb
indiatoday.app.link
Clinical trials over, Zydus Cadila vaccine for 12-18 age group soon: Centre informs Supreme Court
The Centre on Saturday informed the Supreme Court that Zydus Cadila, which is developing DNA vaccine, has concluded its clinical trials for the 12 to 18 age group, and the vaccine may be available in near future, subject to the statutory permissions. The
*NTPC*
becomes the first energy co in energy domain in India to declare its Energy Compact goals as part of UN High-level Dialogue on Energy (HLDE). NTPC sets a target to install 60 GW of renewable energy capacity by 2032. It is also aiming at 10% reduction in net energy intensity.
becomes the first energy co in energy domain in India to declare its Energy Compact goals as part of UN High-level Dialogue on Energy (HLDE). NTPC sets a target to install 60 GW of renewable energy capacity by 2032. It is also aiming at 10% reduction in net energy intensity.
See this again for suzlon
Kutch hybrid energy park expected to generate 41,500MW - https://timesofindia.indiatimes.com/city/ahmedabad/kutch-hybrid-energy-park-expected-to-generate-41500mw/articleshow/77859633.cms Get the Top News Stories from TOI on WhatsApp! Subscribe Here: https://bit.ly/toi-whatsapp
Kutch hybrid energy park expected to generate 41,500MW - https://timesofindia.indiatimes.com/city/ahmedabad/kutch-hybrid-energy-park-expected-to-generate-41500mw/articleshow/77859633.cms Get the Top News Stories from TOI on WhatsApp! Subscribe Here: https://bit.ly/toi-whatsapp
The Times of India
Kutch hybrid energy park expected to generate 41,500MW
The state government has paved the way for setting up of the ambitious solar and wind parks project in Kutch district by expediting the process of lan
*Brigade Enterprises:* The company raised Rs 500 crore from qualified institutional buyers at a price of Rs 268 per share. Goldman Sachs, SBI Mutual Fund, ICICI Prudential, Axis Mutual Fund, Nippon Life, Abu Dhabi Investment Authority and UTI Mutual Fund participated the QIB issue.
*Zuari Agro Chemicals:* The Competition Commission of India (CCI) has approved the acquisition of the Goa plant of the company by Paradeep Phosphates.
*Jindal Drilling & Industries:* The company reported profit at Rs 44.56 crore in Q4FY21 against loss of Rs 546.80 crore in Q4FY20, revenue rose to Rs 112.36 crore from Rs 90.34 crore YoY.
Finolex Industries: The company reported a higher consolidated profit at Rs 298.84 crore in Q4FY21 against Rs 58.66 crore in Q4FY20, revenue jumped to Rs 1,249.34 crore from Rs 768.66 crore YoY.
*India Glycols:* The company reported a higher consolidated profit at Rs 70.99 crore in Q4FY21 against Rs 17.91 crore in Q4FY20, revenue rose to Rs 1,604.14 crore from Rs 1,350.4 crore YoY
*Zuari Agro Chemicals:* The Competition Commission of India (CCI) has approved the acquisition of the Goa plant of the company by Paradeep Phosphates.
*Jindal Drilling & Industries:* The company reported profit at Rs 44.56 crore in Q4FY21 against loss of Rs 546.80 crore in Q4FY20, revenue rose to Rs 112.36 crore from Rs 90.34 crore YoY.
Finolex Industries: The company reported a higher consolidated profit at Rs 298.84 crore in Q4FY21 against Rs 58.66 crore in Q4FY20, revenue jumped to Rs 1,249.34 crore from Rs 768.66 crore YoY.
*India Glycols:* The company reported a higher consolidated profit at Rs 70.99 crore in Q4FY21 against Rs 17.91 crore in Q4FY20, revenue rose to Rs 1,604.14 crore from Rs 1,350.4 crore YoY
*Results on June 28:* More than 300 companies will release quarterly earnings on June 28 including NALCO, Aarvee Denims, Autoline Industries, Bartronics India, Eros International Media, Future Lifestyle Fashions, Federal-Mogul Goetze, Gammon India, GIC Housing Finance, IFCI, ISGEC Heavy Engineering, KPI Global Infrastructure, NLC India, Premier Explosives, Sadbhav Infrastructure Project, Surya India, Triveni Turbine, V2 Retail, Viceroy Hotels, Vivimed Labs, Welspun Corp, and Zee Media Corporation
*ANDHRA PETRO* : _STELLAR PERFORMANCE_
TP ₹ 200
🎯Stock tdg @ 4xFY22EEPS
*Q4FY21*
Revenue at 220cr vs 157cr _(+40% QoQ)_ vs 74cr _(+197% YoY)_
EBITDA at 78.3cr vs 43.5cr _(+80% QoQ)_ vs loss of (16)cr YoY
EBITDA margin at 35.6% vs 27.7% _(+790bps QoQ)_
PBT at 72.5cr vs 37.7cr _(+92% QoQ)_ vs loss of (19.3) cr YoY
PAT at 47cr vs 24.5cr _(+92% QoQ)_ vs loss of (13.4) cr YoY
EPS of 5.54 vs 2.88 _(+92% QoQ)_ vs -1.58 YoY
*FY21*
Revenue at 570cr vs 459cr _(+24% YoY)_
EBITDA at 141cr vs 35.8cr _(+294% YoY)_
EBITDA margin at 24.7% vs 7.8% _(+1690 bps YoY)_
PBT at 118cr vs 21.5cr _(+449% YoY)_
PAT at 76.5cr vs 13.9cr _(+450% YoY)_
EPS of 9 vs 1.63 _(+450% YoY)_
*ADDITIONALLY CO HAS DECLARED A DIVIDEND OF ₹1.5 PER SHARE*
TP ₹ 200
🎯Stock tdg @ 4xFY22EEPS
*Q4FY21*
Revenue at 220cr vs 157cr _(+40% QoQ)_ vs 74cr _(+197% YoY)_
EBITDA at 78.3cr vs 43.5cr _(+80% QoQ)_ vs loss of (16)cr YoY
EBITDA margin at 35.6% vs 27.7% _(+790bps QoQ)_
PBT at 72.5cr vs 37.7cr _(+92% QoQ)_ vs loss of (19.3) cr YoY
PAT at 47cr vs 24.5cr _(+92% QoQ)_ vs loss of (13.4) cr YoY
EPS of 5.54 vs 2.88 _(+92% QoQ)_ vs -1.58 YoY
*FY21*
Revenue at 570cr vs 459cr _(+24% YoY)_
EBITDA at 141cr vs 35.8cr _(+294% YoY)_
EBITDA margin at 24.7% vs 7.8% _(+1690 bps YoY)_
PBT at 118cr vs 21.5cr _(+449% YoY)_
PAT at 76.5cr vs 13.9cr _(+450% YoY)_
EPS of 9 vs 1.63 _(+450% YoY)_
*ADDITIONALLY CO HAS DECLARED A DIVIDEND OF ₹1.5 PER SHARE*
#ZF sells its 49% stake in #BrakesIndia to Sundaram Finance Holdings. Brakes India was founded in 1962 as a joint venture between TVS and ZF.
Having successfully worked together for over 5 decades, ZF will continue its technology license and supply agreement with Brakes India.
Having successfully worked together for over 5 decades, ZF will continue its technology license and supply agreement with Brakes India.
*Bulk deals*
*DCM Shriram Industries:* Sunil Singhania-owned Abakkus Asset Manager LLP acquired 1,17,922 equity shares and Abakkus Emerging Opportunities Fund-1 bought 5.18 lakh equity shares in the company at Rs 361 per equity share. However, Ruchit Bharat Patel sold 1,42,603 equity shares at Rs 371 apiece, Finquest Financial Solutions sold 2,38,129 equity shares at Rs 361 per share, and Minal Bharat Patel sold 3,97,032 shares at Rs 361.87 per share on the BSE, the bulk deals data showed.
*Dhanvarsha Finvest:* Citrus Global Arbitrage Fund bought 1.4 lakh shares in non-banking finance company Dhanvarsha Finvest at Rs 799.99 per share on the BSE.
*Inox Wind Energy:* Enam Securities acquired 5,49,518 equity shares in the company at Rs 276.2 per share, whereas Meenu Mangal Jainbhanshali sold 5,49,518 equity shares at Rs 276.2 per share on the BSE, the bulk deals data showed.
*Rossell India:* Elara India Opportunities Fund sold 3,41,241 equity shares in the company at Rs 145.2 per share on the NSE, the bulk deals data showed.
*Venus Remedies:* Ajay Upadhyaya acquired 75,856 equity shares in the company at Rs 348.2 per share on the NSE, the bulk deals data showed.
*DCM Shriram Industries:* Sunil Singhania-owned Abakkus Asset Manager LLP acquired 1,17,922 equity shares and Abakkus Emerging Opportunities Fund-1 bought 5.18 lakh equity shares in the company at Rs 361 per equity share. However, Ruchit Bharat Patel sold 1,42,603 equity shares at Rs 371 apiece, Finquest Financial Solutions sold 2,38,129 equity shares at Rs 361 per share, and Minal Bharat Patel sold 3,97,032 shares at Rs 361.87 per share on the BSE, the bulk deals data showed.
*Dhanvarsha Finvest:* Citrus Global Arbitrage Fund bought 1.4 lakh shares in non-banking finance company Dhanvarsha Finvest at Rs 799.99 per share on the BSE.
*Inox Wind Energy:* Enam Securities acquired 5,49,518 equity shares in the company at Rs 276.2 per share, whereas Meenu Mangal Jainbhanshali sold 5,49,518 equity shares at Rs 276.2 per share on the BSE, the bulk deals data showed.
*Rossell India:* Elara India Opportunities Fund sold 3,41,241 equity shares in the company at Rs 145.2 per share on the NSE, the bulk deals data showed.
*Venus Remedies:* Ajay Upadhyaya acquired 75,856 equity shares in the company at Rs 348.2 per share on the NSE, the bulk deals data showed.
Monday, 28th Jun, 2021
Nifty @ 15860 ( + 69 ) Sensex @ 52925 ( + 226 )
*@ Global Indices*
US stocks rose on Friday, with the S&P 500 hitting a fresh record high and heading for its best week since April, supported by prospects of a strong economic recovery and reassuring remarks by central bank officials.
President Joe Biden announced on Thursday a bipartisan Senate infrastructure deal; while US Fed officials continued their efforts to reassure financial markets there will be no immediate tightening of monetary policy
*@ Indian Indices*
Sensex overcame a choppy start to finish at a fresh lifetime high on Friday, propelled by bank and metal stocks amid a bullish trend in overseas markets
The market is now placed to show upside momentum above the hurdle of 15,900 levels in the coming few sessions
A sustainable move above this area could open further upside towards 16,200 in the near term. Immediate support is placed at 15,770 - Nagaraj Shetti
*@ Economy & Policy*
India's fiscal 2022 GDP growth rate now expected at 9.6% - Ind-Ra
Forex reserves decline $4 bn to $603.93 bn on slide in gold assets
Ind-Ra lowers FY22 GDP growth forecast to 9.6% due to scale of Covid 2.0
Indian Railways mulling makeover of 90 more stations; work on 60 underway
*@ Industries & Sectors*
Tamil Nadu power sector companies incurred Rs 13,000 Cr loss: CAG
Renewable energy sector in India gets $70 bn investment in 7 years
India's coal-dominated power market is tilting toward solar
Steel companies negotiate 10-16% price increase for auto manufacturers
India's crude steel output grows 46.9% to 9.2 mn tonnes in May
India's coal import rises 30% to 22 million tonnes in April
478 infrastructure projects show cost overruns worth Rs 4.4 trillion
*@ Corporate News*
PharmEasy parent to acquire 66% stake in Thyrocare for Rs 4,546 cr
Raising production, reviving existing fields can multiply gains for ONGC
CCI okays acquisition of Zuari Agro Chemicals plant by Paradeep Phosphates
Policybazaar.com forays into insurance brokerage, opens 15 retail stores
LIC Housing Finance to raise over Rs 2,334 cr from LIC as equity capital, through preferential share issue
Moody's affirms ratings for IDBI Bank's long-term deposits at "Ba2"
InterGlobe Aviation shareholders approve plan to raise Rs 3,000 crore
Affle claims victory in Indus OS stake sale lawsuit; PhonePe, OSLabs refute
Our aim is market share growth with an eye on margins: Ashok Leyland CEO-MD
Adani Ports to expand cargo ops, eyes 500 million tonne throughput by 2025
Adani Group to add 5 Gw green energy a year for next decade
NTPC targets 60 GW renewable energy capacity by 2032
DLF sells 551 independent floors in Gurugram for over Rs 1,200 cr
*@ Q4 - Earnings Update*
JSW Energy posts 27% decline in profit to Rs 795 cr, income slides 16%
IGL reports 29% YoY surge in consolidated Q4 profit at Rs 375 crore
State-owned ONGC reports Q4 profit at Rs 6,734 crore on high realisation
Future Consumer's Q4 loss narrows to Rs 155 cr, revenue slides by 59%
*@ Expert View*
What we´re seeing today is a sign of an environment in which inflation is going to remain higher if policy remains dovish as it is - we want much tighter stance - GREGORY DACO
Metals, banking and financial services, pharma and IT are the four sectors that reported strong earnings growth in the quarter gone by - Siddhartha Khemka
Buybacks and growth revival will keep IT companies interesting - Rupen Rajguru
*@ Commodity*
Gold held around the $1,780/oz level, not far from a 7-week low of $1,760 touched on June 17th as investors digest mixed signals from US Federal Reserve officials on interest rate hikes and awaited more economic data to gauge inflationary pressures
WTI crude futures rose to above $74 per barrel on Friday, the highest since October 2018, with the benchmark recording a fifth consecutive week of gains on expectations demand recovery would continue and supply remains in check
Nifty @ 15860 ( + 69 ) Sensex @ 52925 ( + 226 )
*@ Global Indices*
US stocks rose on Friday, with the S&P 500 hitting a fresh record high and heading for its best week since April, supported by prospects of a strong economic recovery and reassuring remarks by central bank officials.
President Joe Biden announced on Thursday a bipartisan Senate infrastructure deal; while US Fed officials continued their efforts to reassure financial markets there will be no immediate tightening of monetary policy
*@ Indian Indices*
Sensex overcame a choppy start to finish at a fresh lifetime high on Friday, propelled by bank and metal stocks amid a bullish trend in overseas markets
The market is now placed to show upside momentum above the hurdle of 15,900 levels in the coming few sessions
A sustainable move above this area could open further upside towards 16,200 in the near term. Immediate support is placed at 15,770 - Nagaraj Shetti
*@ Economy & Policy*
India's fiscal 2022 GDP growth rate now expected at 9.6% - Ind-Ra
Forex reserves decline $4 bn to $603.93 bn on slide in gold assets
Ind-Ra lowers FY22 GDP growth forecast to 9.6% due to scale of Covid 2.0
Indian Railways mulling makeover of 90 more stations; work on 60 underway
*@ Industries & Sectors*
Tamil Nadu power sector companies incurred Rs 13,000 Cr loss: CAG
Renewable energy sector in India gets $70 bn investment in 7 years
India's coal-dominated power market is tilting toward solar
Steel companies negotiate 10-16% price increase for auto manufacturers
India's crude steel output grows 46.9% to 9.2 mn tonnes in May
India's coal import rises 30% to 22 million tonnes in April
478 infrastructure projects show cost overruns worth Rs 4.4 trillion
*@ Corporate News*
PharmEasy parent to acquire 66% stake in Thyrocare for Rs 4,546 cr
Raising production, reviving existing fields can multiply gains for ONGC
CCI okays acquisition of Zuari Agro Chemicals plant by Paradeep Phosphates
Policybazaar.com forays into insurance brokerage, opens 15 retail stores
LIC Housing Finance to raise over Rs 2,334 cr from LIC as equity capital, through preferential share issue
Moody's affirms ratings for IDBI Bank's long-term deposits at "Ba2"
InterGlobe Aviation shareholders approve plan to raise Rs 3,000 crore
Affle claims victory in Indus OS stake sale lawsuit; PhonePe, OSLabs refute
Our aim is market share growth with an eye on margins: Ashok Leyland CEO-MD
Adani Ports to expand cargo ops, eyes 500 million tonne throughput by 2025
Adani Group to add 5 Gw green energy a year for next decade
NTPC targets 60 GW renewable energy capacity by 2032
DLF sells 551 independent floors in Gurugram for over Rs 1,200 cr
*@ Q4 - Earnings Update*
JSW Energy posts 27% decline in profit to Rs 795 cr, income slides 16%
IGL reports 29% YoY surge in consolidated Q4 profit at Rs 375 crore
State-owned ONGC reports Q4 profit at Rs 6,734 crore on high realisation
Future Consumer's Q4 loss narrows to Rs 155 cr, revenue slides by 59%
*@ Expert View*
What we´re seeing today is a sign of an environment in which inflation is going to remain higher if policy remains dovish as it is - we want much tighter stance - GREGORY DACO
Metals, banking and financial services, pharma and IT are the four sectors that reported strong earnings growth in the quarter gone by - Siddhartha Khemka
Buybacks and growth revival will keep IT companies interesting - Rupen Rajguru
*@ Commodity*
Gold held around the $1,780/oz level, not far from a 7-week low of $1,760 touched on June 17th as investors digest mixed signals from US Federal Reserve officials on interest rate hikes and awaited more economic data to gauge inflationary pressures
WTI crude futures rose to above $74 per barrel on Friday, the highest since October 2018, with the benchmark recording a fifth consecutive week of gains on expectations demand recovery would continue and supply remains in check
*Good Morning*
Suspected Drone Attack on Indian Air Force Base Said to Injure 2
Low-intensity blasts in Jammu damaged a roof: air force
Indian States Need More Financial Support From Government: S&P
States’ weaknesses outweigh strengths, S&P report says
Reliance Restarts Export Refinery Unit After Emergency Shutdown
Facility, in world’s largest refinery, was closed on June 6
RBI Revises Prudential Borrowing Limits for Call Markets Deals
Safran Mulls India Engine Repair Plant After Mega Airbus Order
TPG-Backed Unicorn Buys Listed Indian Firm for $613 Million
Cotlook Increases Cotton Deficit Estimate on Bigger Demand
India FY22 Transport Fuel Demand to Grow in Double Digits: Icra
India Forex Reserves Fall $4.15b to $603.9b in Week to June 18
RBI Cancels Benchmark Bond Auction in Effort to Control Yields
Global Funds Sell Net INR6.79B of India Stocks on June 25: NSE
Domestic funds buy net 18.3b rupees of stocks
Foreign Investors Sell Net INR7.8B of India Equities on June 24
Rajnath Singh begins visit to Ladakh amid stalemate in disengagement process with China: PTI
Cabinet secy-led panel holds crucial meeting on bank privatisation: PTI
India’s coal import rises 30% to 22 mn tonnes in April: PTI
Odisha based steel industries face shortage of iron ore: PTI
Barbeque Nation (BARBEQUE): Approves raising up to INR1b via share issue
Brigade Enterprises (BRGD): Approves QIP issue price of 268 rupees/shr
Finolex Industries (FNXP): 4Q net income 2.97b rupees vs. 557.1m rupees y/y; revenue +63% y/y to 12.5b
JSW Energy (JSW): 4Q net income 1.07b rupees, est. 1.16b; to pay dividend 2 rupees/share
Lupin Ltd. (LPC): Launches generic of Giled’s Truvada HIV-1 treatment
Manappuram Finance (MGFL): DSP Trustee raises stake in Manappuram Finance to 7.07%
Shree Renuka Sugars (SHRS): To expand ethanol capacity to 1.4m ltr/day
State Bank of India (SBIN): SBI performance trajectory of FY21 will continue in FY22;to make efforts in ‘Full Force’ on stressed assets recovery, Chairman Khara at AGM
Thyrocare Technologies (THYROCAR): PharmEasy to acquire 66.1% stake in Thyrocare for 45.5b rupees
Zuari Agro (ZUAC): India CCI Approves Zuarinagar plant acquisition by Paradeep Phosphates
Suspected Drone Attack on Indian Air Force Base Said to Injure 2
Low-intensity blasts in Jammu damaged a roof: air force
Indian States Need More Financial Support From Government: S&P
States’ weaknesses outweigh strengths, S&P report says
Reliance Restarts Export Refinery Unit After Emergency Shutdown
Facility, in world’s largest refinery, was closed on June 6
RBI Revises Prudential Borrowing Limits for Call Markets Deals
Safran Mulls India Engine Repair Plant After Mega Airbus Order
TPG-Backed Unicorn Buys Listed Indian Firm for $613 Million
Cotlook Increases Cotton Deficit Estimate on Bigger Demand
India FY22 Transport Fuel Demand to Grow in Double Digits: Icra
India Forex Reserves Fall $4.15b to $603.9b in Week to June 18
RBI Cancels Benchmark Bond Auction in Effort to Control Yields
Global Funds Sell Net INR6.79B of India Stocks on June 25: NSE
Domestic funds buy net 18.3b rupees of stocks
Foreign Investors Sell Net INR7.8B of India Equities on June 24
Rajnath Singh begins visit to Ladakh amid stalemate in disengagement process with China: PTI
Cabinet secy-led panel holds crucial meeting on bank privatisation: PTI
India’s coal import rises 30% to 22 mn tonnes in April: PTI
Odisha based steel industries face shortage of iron ore: PTI
Barbeque Nation (BARBEQUE): Approves raising up to INR1b via share issue
Brigade Enterprises (BRGD): Approves QIP issue price of 268 rupees/shr
Finolex Industries (FNXP): 4Q net income 2.97b rupees vs. 557.1m rupees y/y; revenue +63% y/y to 12.5b
JSW Energy (JSW): 4Q net income 1.07b rupees, est. 1.16b; to pay dividend 2 rupees/share
Lupin Ltd. (LPC): Launches generic of Giled’s Truvada HIV-1 treatment
Manappuram Finance (MGFL): DSP Trustee raises stake in Manappuram Finance to 7.07%
Shree Renuka Sugars (SHRS): To expand ethanol capacity to 1.4m ltr/day
State Bank of India (SBIN): SBI performance trajectory of FY21 will continue in FY22;to make efforts in ‘Full Force’ on stressed assets recovery, Chairman Khara at AGM
Thyrocare Technologies (THYROCAR): PharmEasy to acquire 66.1% stake in Thyrocare for 45.5b rupees
Zuari Agro (ZUAC): India CCI Approves Zuarinagar plant acquisition by Paradeep Phosphates
Asia-Pacific stocks mixed; official data shows China’s industrial profit growth slowing in May
https://www.cnbc.com/2021/06/28/japanese-stocks-set-for-muted-start-chinas-industrial-profit-growth-slows-in-may.html
https://www.cnbc.com/2021/06/28/japanese-stocks-set-for-muted-start-chinas-industrial-profit-growth-slows-in-may.html
CNBC
Asia-Pacific stocks little changed; Hong Kong sees shortened trading day after earlier pause
Trading in Hong Kong's markets resumed Monday afternoon in the city after an earlier weather warning was lowered.
*SGX Nifty -15 pts (15865) from last trade 15880 ,*
Nikkei -36 pts ,
Now @6.56am .
Dow +237.02 pts ,Nsdq -9.32 pts, S&P
+14.21 pts, , Bovespa -2258 pts , Ftse +26 pts , Dax +18 pts , Cac -8 pts , Crude @ $74.16 brl (+0.10), Brent @ $76.30 brl (+0.12) , Gold @ 1782.60 (+4.80), Silver @ $26.20 (+0.20), Euro @ $1.1939, JPY @ $110.80, INR @ 74.215
*Today's Corporate Action*
*28th Jun Ex Date*
GMBREW
Final Dividend - Rs. - 4.0000
*Today's Key Results/Board Meetings*
*28-Jun-21*
Results on June 28: More than 300 companies will release quarterly earnings on June 28 including NALCO, Aarvee Denims, Autoline Industries, Bartronics India, Eros International Media, Future Lifestyle Fashions, Federal-Mogul Goetze, Gammon India, GIC Housing Finance, IFCI, ISGEC Heavy Engineering, KPI Global Infrastructure, NLC India, Premier Explosives, Sadbhav Infrastructure Project, Surya India, Triveni Turbine, V2 Retail, Viceroy Hotels, Vivimed Labs, Welspun Corp, and Zee Media Corporation.
Deepak Fertilisers & Petrochemicals Corporation: The company's officials will meet SAMEEKSHA India Equity Fund (PMS) on June 28.
Anupam Rasayan India: The company's officials will meet several investors at an IIFL Conference on June 28.
Jamna Auto Industries: The company's officials will meet analysts/institutional investors on June 28 and 29.
Garware Hi-Tech Films: The company's officials will meet Altamount Capital UK, Mavira Investments, Right Time Consultancy, Prikar Investments, Pramesh Wealth, and Alpha Plus Capital Services LLP on June 29.
Sundram Fasteners: The company's officials will meet Amansa Capital on June 29.
Aimco Pesticides: The company's officials will meet analysts/investors on June 28.
Sunteck Realty: The company's officials will meet analysts/investors on June 30.
Welspun Corp: The company's officials will meet analysts/investors on June 29.
Premier Explosives: The company's officials will meet analysts/investors on June 29.
Subros: The company's officials will meet analysts/investors on June 30.
Gati: The company's officials will meet analysts/investors in a B&K Securities 'Trinity' Conference on June 30.
RACL Geartech: The company's officials will meet investors on July 2.
*Stock under F&O ban on NSE*
*28-Jun-21*
None
Nikkei -36 pts ,
Now @6.56am .
Dow +237.02 pts ,Nsdq -9.32 pts, S&P
+14.21 pts, , Bovespa -2258 pts , Ftse +26 pts , Dax +18 pts , Cac -8 pts , Crude @ $74.16 brl (+0.10), Brent @ $76.30 brl (+0.12) , Gold @ 1782.60 (+4.80), Silver @ $26.20 (+0.20), Euro @ $1.1939, JPY @ $110.80, INR @ 74.215
*Today's Corporate Action*
*28th Jun Ex Date*
GMBREW
Final Dividend - Rs. - 4.0000
*Today's Key Results/Board Meetings*
*28-Jun-21*
Results on June 28: More than 300 companies will release quarterly earnings on June 28 including NALCO, Aarvee Denims, Autoline Industries, Bartronics India, Eros International Media, Future Lifestyle Fashions, Federal-Mogul Goetze, Gammon India, GIC Housing Finance, IFCI, ISGEC Heavy Engineering, KPI Global Infrastructure, NLC India, Premier Explosives, Sadbhav Infrastructure Project, Surya India, Triveni Turbine, V2 Retail, Viceroy Hotels, Vivimed Labs, Welspun Corp, and Zee Media Corporation.
Deepak Fertilisers & Petrochemicals Corporation: The company's officials will meet SAMEEKSHA India Equity Fund (PMS) on June 28.
Anupam Rasayan India: The company's officials will meet several investors at an IIFL Conference on June 28.
Jamna Auto Industries: The company's officials will meet analysts/institutional investors on June 28 and 29.
Garware Hi-Tech Films: The company's officials will meet Altamount Capital UK, Mavira Investments, Right Time Consultancy, Prikar Investments, Pramesh Wealth, and Alpha Plus Capital Services LLP on June 29.
Sundram Fasteners: The company's officials will meet Amansa Capital on June 29.
Aimco Pesticides: The company's officials will meet analysts/investors on June 28.
Sunteck Realty: The company's officials will meet analysts/investors on June 30.
Welspun Corp: The company's officials will meet analysts/investors on June 29.
Premier Explosives: The company's officials will meet analysts/investors on June 29.
Subros: The company's officials will meet analysts/investors on June 30.
Gati: The company's officials will meet analysts/investors in a B&K Securities 'Trinity' Conference on June 30.
RACL Geartech: The company's officials will meet investors on July 2.
*Stock under F&O ban on NSE*
*28-Jun-21*
None
GM jsk stock in news trivenieng,kcpsugar,dcmltd,ugadh, metropolis,sadhbhav,hal,gicghsg, godrejagro,kiocl,thyrocare, Glenmark,mrpl,shilpa,ircon,nalco,railtel,hindcopper,renuka,alhuwaliathermax,sjvn. . Nifty range 15725-15950.
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