Stocks To Watch
Cipla, Dr. Reddy’s Laboratories, Emcure Pharmaceuticals, Sun Pharmaceutical Industries and Torrent Pharmaceuticals will collaborate for clinical trial of investigational anti-viral drug Molnupiravir for the treatment of mild Covid-19 in an outpatient setting. The companies will jointly sponsor, supervise and monitor the clinical trial in India; trial expected to take place between June and September this year across the country with the recruitment of 1,200 patients.
AstraZeneca Pharma India: Told to pay Rs 157 crore by National Pharmaceutical Pricing Authority. NPPA issued the demand notice to AstraZeneca India alleging the company overcharged the same amount in the sale of Tagrisso tablets from March 8, 2019 to January 31, 2021. AstraZeneca said it has followed all applicable laws related to pricing of its product. The drugmaker has filed a petition in Delhi high court challenging the NPPA notice.
Reliance Industries: Has partnered with Abu Dhabi National Oil Company to set up a new petrochemical complex in Ruwais, Abu Dhabi. This will be a new chlor-alkali, ethylene dichloride and polyvinyl chloride production facility. The project will be constructed in the TA’ZIZ Industrial Chemicals Zone, which is a joint venture between ADNOC and ADQ. Under the terms of the agreement, this integrated plant will have a capacity to produce 940 thousand tons of chlor-alkali, 1.1 million tons of ethylene dichloride and 360 thousand tons of PVC annually.
Cipla: Is supporting Moderna Inc. with the regulatory approval and importation of vaccines to be donated to India At this stage, there is no definitive agreement on commercial supplies.
Bharti Airtel: Bharti Global to invest additional $500 million in OneWeb, a U.K.-based satellite start-up. Bharti Global will become the biggest shareholder in OneWeb following the investment, according to a Financial Times report. Bharti’s stake now stands at almost 39%; U.K. government, Eutelsat and SoftBank each hold slightly over 19% in the company.
Induslnd Bank: Sold 70.67 lakh equity shares of McLeod Russel India on June 28.
Coal India: To create carbon offset of around 2.5 lakh tonnes in next five years. It aims to achieve carbon offset of more than 60,000 tonnes by end of this year. In a bid to reduce carbon footprint in its operational area, Coal India has put special thrust on energy efficiency measure and is forging ahead with a series of measures to offset carbon emission in mining operation in all its coal-producing companies.
CG Power and Industrial Solutions: CBI has registered an FIR against the company, its erstwhile promoters and some of the past directors/officials. The FIR is based on a complaint filed by State Bank of India on behalf of all the former lenders of the company. The company is extending full support and co-operation to CBI, it said in an exchange filing.
Isgec Heavy Engineering: Received an order for Wet Limestone Flue Gas Desulphurisation System and Flue Gas Conditioning System Package from Odisha Power Generation Corporation for their Thermal Power Station at Banharpalli.
DCM Shriram Industries: Approved sub-division of existing one share of face value of Rs 10 each into five shares of face value of Rs 2 each. This is being done to improve the liquidity of the company's shares on the stock market and to make the same available to small investors.
NBCC (India): Has been awarded the work order for engagement as Project Management Consultant for undertaking various civil works of Odisha Hydro Power Corporation.
Earnings: SpiceJet, Vodafone Idea, Balu Forge Industries, Anant Raj, BF Utilities, Cerebra Integrated Technologies, Coffee Day Enterprises, Dish TV India, IRCON International, Sadbhav Engineering, Srei Infrastructure Finance, Sequent Scientific, Jain Irrigation Systems, Rajesh Exports
Cipla, Dr. Reddy’s Laboratories, Emcure Pharmaceuticals, Sun Pharmaceutical Industries and Torrent Pharmaceuticals will collaborate for clinical trial of investigational anti-viral drug Molnupiravir for the treatment of mild Covid-19 in an outpatient setting. The companies will jointly sponsor, supervise and monitor the clinical trial in India; trial expected to take place between June and September this year across the country with the recruitment of 1,200 patients.
AstraZeneca Pharma India: Told to pay Rs 157 crore by National Pharmaceutical Pricing Authority. NPPA issued the demand notice to AstraZeneca India alleging the company overcharged the same amount in the sale of Tagrisso tablets from March 8, 2019 to January 31, 2021. AstraZeneca said it has followed all applicable laws related to pricing of its product. The drugmaker has filed a petition in Delhi high court challenging the NPPA notice.
Reliance Industries: Has partnered with Abu Dhabi National Oil Company to set up a new petrochemical complex in Ruwais, Abu Dhabi. This will be a new chlor-alkali, ethylene dichloride and polyvinyl chloride production facility. The project will be constructed in the TA’ZIZ Industrial Chemicals Zone, which is a joint venture between ADNOC and ADQ. Under the terms of the agreement, this integrated plant will have a capacity to produce 940 thousand tons of chlor-alkali, 1.1 million tons of ethylene dichloride and 360 thousand tons of PVC annually.
Cipla: Is supporting Moderna Inc. with the regulatory approval and importation of vaccines to be donated to India At this stage, there is no definitive agreement on commercial supplies.
Bharti Airtel: Bharti Global to invest additional $500 million in OneWeb, a U.K.-based satellite start-up. Bharti Global will become the biggest shareholder in OneWeb following the investment, according to a Financial Times report. Bharti’s stake now stands at almost 39%; U.K. government, Eutelsat and SoftBank each hold slightly over 19% in the company.
Induslnd Bank: Sold 70.67 lakh equity shares of McLeod Russel India on June 28.
Coal India: To create carbon offset of around 2.5 lakh tonnes in next five years. It aims to achieve carbon offset of more than 60,000 tonnes by end of this year. In a bid to reduce carbon footprint in its operational area, Coal India has put special thrust on energy efficiency measure and is forging ahead with a series of measures to offset carbon emission in mining operation in all its coal-producing companies.
CG Power and Industrial Solutions: CBI has registered an FIR against the company, its erstwhile promoters and some of the past directors/officials. The FIR is based on a complaint filed by State Bank of India on behalf of all the former lenders of the company. The company is extending full support and co-operation to CBI, it said in an exchange filing.
Isgec Heavy Engineering: Received an order for Wet Limestone Flue Gas Desulphurisation System and Flue Gas Conditioning System Package from Odisha Power Generation Corporation for their Thermal Power Station at Banharpalli.
DCM Shriram Industries: Approved sub-division of existing one share of face value of Rs 10 each into five shares of face value of Rs 2 each. This is being done to improve the liquidity of the company's shares on the stock market and to make the same available to small investors.
NBCC (India): Has been awarded the work order for engagement as Project Management Consultant for undertaking various civil works of Odisha Hydro Power Corporation.
Earnings: SpiceJet, Vodafone Idea, Balu Forge Industries, Anant Raj, BF Utilities, Cerebra Integrated Technologies, Coffee Day Enterprises, Dish TV India, IRCON International, Sadbhav Engineering, Srei Infrastructure Finance, Sequent Scientific, Jain Irrigation Systems, Rajesh Exports
Insider Trades
Adani Green Energy: Promoter Infinite Trade and Investment bought 17 lakh shares on June 28.
Adani Ports and SEZ: Promoter Worldwide Emerging Market Holding bought 10 lakh shares on June 28.
GHCL: Promoter Ram Krishna Dalmia Foundation sold 75,000 shares between June 28-29.
JK Cement: Promoter Ramapati Singhania sold 2,000 shares on June 28.
Kabra Extrusiontechnik: Promoter Kolsite Industries bought 26,000 shares on June 23.
NCL Industries: Promoters (K Ravi, Divya P, K Anuradha, Bimal Goradia, Meera Goradia and Utkal Goradia) bought 1.08 lakh shares on June 28. Promoter NCL Holdings sold 1.80 lakh shares on June 28.
Page Industries: Promoters (Sunder Genomal, Ramesh Genomal and Nari Genomal) sold 9,982 shares between June 24-28.
Ultramarine & Pigments: Promoters (Sridhar Sundararajan and Jayalakshmi Venkataraman) sold 15,013 shares on June 28.
Adani Green Energy: Promoter Infinite Trade and Investment bought 17 lakh shares on June 28.
Adani Ports and SEZ: Promoter Worldwide Emerging Market Holding bought 10 lakh shares on June 28.
GHCL: Promoter Ram Krishna Dalmia Foundation sold 75,000 shares between June 28-29.
JK Cement: Promoter Ramapati Singhania sold 2,000 shares on June 28.
Kabra Extrusiontechnik: Promoter Kolsite Industries bought 26,000 shares on June 23.
NCL Industries: Promoters (K Ravi, Divya P, K Anuradha, Bimal Goradia, Meera Goradia and Utkal Goradia) bought 1.08 lakh shares on June 28. Promoter NCL Holdings sold 1.80 lakh shares on June 28.
Page Industries: Promoters (Sunder Genomal, Ramesh Genomal and Nari Genomal) sold 9,982 shares between June 24-28.
Ultramarine & Pigments: Promoters (Sridhar Sundararajan and Jayalakshmi Venkataraman) sold 15,013 shares on June 28.
Money Market Update
The rupee ended at 74.23 against the U.S. Dollar on Tuesday as compared to Monday's closing of 74.19.
The rupee ended at 74.23 against the U.S. Dollar on Tuesday as compared to Monday's closing of 74.19.
Trading Tweaks
Ex-Date Final Dividend: HDFC Life Insurance Company, Vaibhav Global
Ex-Date AGM: Bank of Baroda
Record Date Dividend: HDFC Bank
Price Band Revised From 20% To 10%: The Andhra Sugars, Nelco
Move Into ASM Framework: Orchid Pharma, VLS Finance, Ador Welding, Brightcom Group, Kopran, Shivalik Bimetal Controls, RattanIndia Power, Shree Renuka Sugars
Move Out Of Short-Term ASM Framework Ruchi Soya Industries, Thomas Cook (India), Brightcom Group, Ador Welding
Ex-Date Final Dividend: HDFC Life Insurance Company, Vaibhav Global
Ex-Date AGM: Bank of Baroda
Record Date Dividend: HDFC Bank
Price Band Revised From 20% To 10%: The Andhra Sugars, Nelco
Move Into ASM Framework: Orchid Pharma, VLS Finance, Ador Welding, Brightcom Group, Kopran, Shivalik Bimetal Controls, RattanIndia Power, Shree Renuka Sugars
Move Out Of Short-Term ASM Framework Ruchi Soya Industries, Thomas Cook (India), Brightcom Group, Ador Welding
Results on June 30 |
More than 900 companies will release their quarterly earnings today including SpiceJet,
Vodafone Idea,
Alankit,
Anant Raj,
Archies,
BF Utilities,
BGR Energy Systems,
Binani Industries,
Dish TV India,
Emami Realty,
Fiem Industries,
GM Polyplast,
Indowind Energy,
IRCON International,
IVRCL,
Liberty Shoes,
McNally Bharat Engineering,
MEP Infrastructure Developers,
Ortel Communications,
Sadbhav Engineering,
Sanwaria Consumer,
Sequent Scientific,
Simbhaoli Sugars,
Simplex Infrastructures,
SREI Infrastructure Finance,
Ucal Fuel Systems,
Vikas EcoTech,
VIP Clothing,
Zenith Exports, and
Zodiac Clothing.
More than 900 companies will release their quarterly earnings today including SpiceJet,
Vodafone Idea,
Alankit,
Anant Raj,
Archies,
BF Utilities,
BGR Energy Systems,
Binani Industries,
Dish TV India,
Emami Realty,
Fiem Industries,
GM Polyplast,
Indowind Energy,
IRCON International,
IVRCL,
Liberty Shoes,
McNally Bharat Engineering,
MEP Infrastructure Developers,
Ortel Communications,
Sadbhav Engineering,
Sanwaria Consumer,
Sequent Scientific,
Simbhaoli Sugars,
Simplex Infrastructures,
SREI Infrastructure Finance,
Ucal Fuel Systems,
Vikas EcoTech,
VIP Clothing,
Zenith Exports, and
Zodiac Clothing.
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GM jsk stock in news tanla,Marico, Godrej ind,hul,ruchi,cipla, torent pharma,drreddy,nbcc,ntpc,ircon,rvnl,indianhotel,bgr,ludloo,isgec,nam,IDFC,hdfcamc,vindhyatel,idea,bharatiair,finolex. Negative stocks AstraZeneca,national paroxide,eid. Nifty range 15625-15875.
HUDCO:
Q4 CONS NET PROFIT 5.26B RUPEES VS 4.41B (YOY) | 3.91B (QOQ)
Q4 REVENUE 17.59B RUPEES VS 18.88B (YOY)
CO HAS RECOMMENDED A FINAL DIVIDEND OF RUPEES 1.43 PER EQUITY SHARE
Q4 CONS NET PROFIT 5.26B RUPEES VS 4.41B (YOY) | 3.91B (QOQ)
Q4 REVENUE 17.59B RUPEES VS 18.88B (YOY)
CO HAS RECOMMENDED A FINAL DIVIDEND OF RUPEES 1.43 PER EQUITY SHARE
Steel Companies on Focus 1/1
Anti-Dumping duty extend on 'Cold-Rolled flat products of alloy or non-alloy steel' originating in or exported from China, Japan, Korea, Ukraine, up to and inclusive of December 15, 2021
Steel Companies on Focus 1/2
Anti-Dumping duty extended on 'Hot-Rolled flat products of alloy or non-alloy steel' originating in or exported from China, Japan, Korea, Russia, Brazil, or Indonesia, up to and inclusive of December 15, 2021
Anti-Dumping duty extend on 'Cold-Rolled flat products of alloy or non-alloy steel' originating in or exported from China, Japan, Korea, Ukraine, up to and inclusive of December 15, 2021
Steel Companies on Focus 1/2
Anti-Dumping duty extended on 'Hot-Rolled flat products of alloy or non-alloy steel' originating in or exported from China, Japan, Korea, Russia, Brazil, or Indonesia, up to and inclusive of December 15, 2021