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ONCE SHREYAIND crosses 108, it will show you 118 - 121 same day. Upmove will be very quick and ferocious.
Members who won't renew till 4 pm today, will be removed till late evening. If anyone paying post markets will be added in group after 2 days. Today 4pm is last day for monthly payment, if anyone coming for Premium Membership, only Quarterly and Yearly Modes will be available.

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Last Reminder
Mid Term Techno Funda Call

Buy DIC India at CMP of 474 - 477 and dips till 458
Sl 450
Targets:- 487 - 492 - 497 - 504 - 510 - 515 - 522 - 530+
Above that we can see 555 - 570+

Disclaimer:- I am not SEBI Registered. Please consult your financial advisor before investing
Monthly Premium Membership is closed for month of July.

Options which are available now are just Quarterly and Yearly.

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TEAM MARKET WIZARD
G R Infraprojects Ltd., :- Offer Updates
Offer Opens On : Wed, July 7, 2021
Offer Closes On : Fri, July 9, 2021
F.V. : Rs.5
Price Band & Bid Lot : Will be declared 2 days prior to Offer Opening Date
Offer Size : Offer for Sale 11,508,704 Equity Shares
Offer Allocation : 50% QIB (5,641,851 Eq Shs), 15% NIB (1,692,556 Eq Shs), 35% Retail (3,949,297 Eq Shs)
Emp Reservation : Upto 225,000 Eq Shs
Listing : BSE and NSE
*KSE Ltd.* | *CMP* Rs. 2740 | *M Cap* Rs. 877 Cr | *52 W H/L* 2740/1250
(Nirmal Bang Retail Research)
*Result improved*
Revenue from Operations came at Rs. 410 Cr (2.8% QoQ, 8.4% YoY) vs QoQ Rs. 398.9 Cr, YoY Rs. 378.4 Cr
EBIDTA came at Rs. 38 Cr (1.6% QoQ, 49.2% YoY) vs QoQ Rs. 37.4 Cr, YoY Rs. 25.5 Cr
EBITDA Margin came at 9.3% vs QoQ 9.4%, YoY 6.7%
Adj. PAT came at Rs. 31.9 Cr vs QoQ Rs. 29.3 Cr, YoY Rs. 18.6 Cr
Quarter EPS is Rs. 99.7
Share is trading at P/E of 8x TTM EPS
INDIA CABINET LIKELY TO CONSIDER REVAMPED REFORMS-BASED POWER DISTRIBUTION SECTOR SCHEME- CNBC Sources

PFC Rec in focus
Srei Group in talks with at least 7 investors to infuse capital into Srei Equipment Finance.
Dear All,

Nirmal Bang is inviting you to a Zoom webinar.
When: Jul 1, 2021 08:45 AM India
Topic: Morning Market Update

Register in advance for this webinar:
https://us02web.zoom.us/webinar/register/WN_28chKEn_QxSgFiI6IfWJWw


After registering, you will receive a confirmation email containing information about joining the webinar.
INFOEDGE: ZOMATO WILL INCREASE THE SIZE OF ITS PUBLIC MARKETS CAPITAL RAISE, AFTER RECEIVING A POSITIVE RESPONSE FROM INSTITUTIONAL INVESTORS FOR ITS ROADSHOWS: ET EDITOR
LUPIN: USFDA WARNING LETTER TO LUPIN SOMERSET PLNT REPEAT VIOLATIONS AT MULTIPLE SITES || REPEATED VIOLATIONS AT MULTIPLE SITES DEMONSTRATE CO’S OVERSIGHT AND CONTROL OVER MANY OF DRUGS INADEQUATE ||
HDFC Bank Working to Regain Card Market Share When RBI Curb Ends…Stock trades Flat …Positive development

 

·         HDFC Bank, once India’s top credit card issuer, has lost customer market share in the past six months, following a central bank order banning it from acquiring new users after repeated tech glitches, Parag Rao, the bank’s head of payments and digital banking, says at a briefing.

·         The bank’s market share in terms of value of spends on credit cards hasn’t been impacted, according to Rao.

·         HDFC Bank has new card products lined up and is awaiting comments from RBI on its plan on digital infrastructure, Rao says, adding that the bank is “ready to be back with a bang” when the embargo is lifted.

·         The bank will look to get back to its market share levels last November, before the RBI curbs came.

·         It plans to spend more on technology over the next two to three years, compared with its global peers, Rao says

·         The bank has also improved its monitoring to predict technology outages better
Govt. cuts import duty on Crude Palm oil to 10% from 15% … Positive for FMCG and First Food companies

 

Expects positive for FMCG and First Food companies like Hindustan Unilever, Marico, Godrej Agrovet, ITC, Pratap Sancks after the news that the government on Tuesday reduced basic customs duty on crude palm oil to 10 per cent from 15%, which will help bring down the edible oil prices in the retail market.
Government to become self-reliant in phosphatic fertilisers …Positive RCF, Zuari Agro, Deepak Fertlizer and GSFC

 

In order to improve the availability of phosphatic fertilisers (DAP and NPK) and to reduce the dependence on imports by making India truly Aatmnirbhar in fertilisers. The Action Plan included the steps to minimize the import dependency of costly raw material imported from abroad and make it accessible and affordable to farmers. Expects positive for RCF, Zuari Agro, Deepak Fertlizer and GSFC
Metal Momentum May Continue… Govt extent Import duty on Flat Steel products

 

Rally may continue on metal stocks after the government extends anti-dumping duty on certain steel items till December 15. The government on Tuesday extended anti-dumping duty on certain variety of steel products till December 15 this year with a view to guarding domestic manufacturers from cheap imports from countries, including China, Japan and Korea. Positive for SAIL, Tata Steel, JSW Steel, Jindal Steel
Brokrage Reports


Jefferies on Graphite India
Buy, TP Rs 875


Kotak Inst Eqt on Cummins
Buy, TP Rs 1030


CS on HPCL Neutral, TP Raised to Rs 280 from Rs 242


JPMorgan downgrades Indian cement stocks, says 'time for a breather in a strong demand cycle'

Downgrade Shree cement to UW from neutral

Downgrade Ultratech cement from OW to Neutral

Remain OW on ACC with Tgt price of 2450


Jefferies on LT buy with Tgt price of 1900


Hdfc sec on Repco buy with Tgt price of 411


Nomura on PNC Infratech buy with Tgt price of 364


Nomura on sbi maintain buy with Tgt price of 580


Jp Morgan on Grasim maintain buy with Tgt price of 1820


Jefferies on abb maintain buy with Tgt price of 2670