Stocks To Watch
Tata Motors: Plans to increase the share of electric vehicles from 2% of the portfolio to 25% in the medium to long term, said Chairman N Chandrasekaran at the AGM. The company plans to launch 10 EV models before 2025. Further, the supply issues emerging from the semiconductor crunch and pandemic will hit the company’s production volumes, sales, cash flow and margins in the near-term
said Chandrasekaran. Expect the situation to improve in the second half of the ongoing financial year. The company is also on path to wiping out its debt by FY24. In FY21 we were able to reduce debt by over Rs 7,500 crore, he added.
Coforge: Approved raising up to Rs 375 crore via share issue. It has also approved issuance of depository receipts in one or more tranches.
Torrent Power: Entered into a Securities Purchase Agreement for acquisition of 100% of the share capital and all securities of LREHL Renewables India SPV 1 from Lightsource India and Lightsource Renewable Energy. The acquisition will cost company approximately Rs 317 crore and is expected to be completed in 2 months.
Vedanta: Commenced winding-off operations at oxygen plant in Thoothukudi on July 30 to allow enough time for the defrosting process before the date indicated by the Supreme Court. As per the apex court's order on April 27, Vedanta has completed the three-month duration granted by the court to operate the oxygen plant until July 31. The company’s application for extension of the facility for a period of 6 months, is listed to be heard by the Supreme Court on August 6. The company said it is optimistic of further orders from the Supreme Court on resuming production.
Info Edge (India): Invested Rs 7 crore in 4B Networks, through its wholly owned subsidiary, to increase its shareholding in the company to 19.9% from 12.3%. The company has agreed to acquire additional 1,358 Compulsorily Convertible Preference Shares of 4B Networks.
Den Networks: The company and its wholly owned subsidiary, Futuristic Media and Entertainment, have sold their entire holding of 1.57 crore equity shares in CCN DEN Network, representing 51% of the equity share capital, to Virender Gaur and Mayank Gaur (the remaining shareholders) for Rs 8.67 crore.
Hero MotoCorp: Commenced retail sales in Mexico. The company has introduced an extensive portfolio of products, including motorcycles and a scooter, thereby catering to
the diverse segments of customers. The product portfolio will be available across the country through the retail arm of the distributor, agencies, and dealers, and will have attractive financing options, the company said.
Atul Auto: Received approval from RBI for acquisition of equity shares of Khushbu Auto Finance.
ITC: Wimco has become a wholly owned subsidiary of the company with effect from July 29, consequent to reduction of equity share capital of that company becoming effective upon receipt of necessary approvals, the company said.
Earnings: HDFC, Punjab National Bank, Emami, Castrol India, RBL Bank, Carborundum Universal, CG Power and Industrial Solutions, Orient Cement, Varun Beverages, Ajmera Realty & Infra India, Shree Renuka Sugars, Avadh Sugar & Energy, Balaji Amines, Capri Global Capital, JMC Projects (India), IFB Agro Industries, Kalyani Steels, Mangalore Chemicals & Fertilizers, Nahar Capital & Financial Services, Nahar Polyfilms, Nahar Spinning Mills, Asian Star Co
Tata Motors: Plans to increase the share of electric vehicles from 2% of the portfolio to 25% in the medium to long term, said Chairman N Chandrasekaran at the AGM. The company plans to launch 10 EV models before 2025. Further, the supply issues emerging from the semiconductor crunch and pandemic will hit the company’s production volumes, sales, cash flow and margins in the near-term
said Chandrasekaran. Expect the situation to improve in the second half of the ongoing financial year. The company is also on path to wiping out its debt by FY24. In FY21 we were able to reduce debt by over Rs 7,500 crore, he added.
Coforge: Approved raising up to Rs 375 crore via share issue. It has also approved issuance of depository receipts in one or more tranches.
Torrent Power: Entered into a Securities Purchase Agreement for acquisition of 100% of the share capital and all securities of LREHL Renewables India SPV 1 from Lightsource India and Lightsource Renewable Energy. The acquisition will cost company approximately Rs 317 crore and is expected to be completed in 2 months.
Vedanta: Commenced winding-off operations at oxygen plant in Thoothukudi on July 30 to allow enough time for the defrosting process before the date indicated by the Supreme Court. As per the apex court's order on April 27, Vedanta has completed the three-month duration granted by the court to operate the oxygen plant until July 31. The company’s application for extension of the facility for a period of 6 months, is listed to be heard by the Supreme Court on August 6. The company said it is optimistic of further orders from the Supreme Court on resuming production.
Info Edge (India): Invested Rs 7 crore in 4B Networks, through its wholly owned subsidiary, to increase its shareholding in the company to 19.9% from 12.3%. The company has agreed to acquire additional 1,358 Compulsorily Convertible Preference Shares of 4B Networks.
Den Networks: The company and its wholly owned subsidiary, Futuristic Media and Entertainment, have sold their entire holding of 1.57 crore equity shares in CCN DEN Network, representing 51% of the equity share capital, to Virender Gaur and Mayank Gaur (the remaining shareholders) for Rs 8.67 crore.
Hero MotoCorp: Commenced retail sales in Mexico. The company has introduced an extensive portfolio of products, including motorcycles and a scooter, thereby catering to
the diverse segments of customers. The product portfolio will be available across the country through the retail arm of the distributor, agencies, and dealers, and will have attractive financing options, the company said.
Atul Auto: Received approval from RBI for acquisition of equity shares of Khushbu Auto Finance.
ITC: Wimco has become a wholly owned subsidiary of the company with effect from July 29, consequent to reduction of equity share capital of that company becoming effective upon receipt of necessary approvals, the company said.
Earnings: HDFC, Punjab National Bank, Emami, Castrol India, RBL Bank, Carborundum Universal, CG Power and Industrial Solutions, Orient Cement, Varun Beverages, Ajmera Realty & Infra India, Shree Renuka Sugars, Avadh Sugar & Energy, Balaji Amines, Capri Global Capital, JMC Projects (India), IFB Agro Industries, Kalyani Steels, Mangalore Chemicals & Fertilizers, Nahar Capital & Financial Services, Nahar Polyfilms, Nahar Spinning Mills, Asian Star Co
July GST collections at ₹ 1,16,393 Cr, up 33% vs same period last year.
Indirect tax revenues once again in ₹1 Lk Cr plus territory.
@FinMinIndia says this indicates the Indian economy is recovering at a fast pace and robust revenue growth would continue in coming months too.
Indirect tax revenues once again in ₹1 Lk Cr plus territory.
@FinMinIndia says this indicates the Indian economy is recovering at a fast pace and robust revenue growth would continue in coming months too.
*SGX Nifty +100 pts (15885) from last trade 15785 ,*
Nikkei +455 pts ,
Hangseng +94 pts ,
Now @6.58am .
Dow +153.60 pts ,Nsdq +15.68 pts, S&P
+18.51 pts, Bovespa -610 pts , Ftse +61 pts , Dax +70 pts , Cac +24 pts , Crude @ $73.59 brl (-0.36), Brent @ $74.98 brl (-0.19) , Gold @ 1818.40 (+1.25), Silver @ $25.573 (+0.02), Euro @ $1.1871, JPY @ $109.64, INR @ 74.345
*Today's Corporate Action*
*2nd Aug Ex Date*
AARTISURF
Final Dividend - Rs. - 3.0000
ATISHAY
Final Dividend - Rs. - 0.7000
BRIGADE
Final Dividend - Rs. - 1.2000
CENTUM
Final Dividend - Rs. - 2.0000
GEPIL
Dividend - Rs. - 1.0000
ICICIGI
Final Dividend - Rs. - 4.0000
KIRLOSIND
Final Dividend - Rs. - 10.0000
LKPFIN
Dividend - Rs. - 2.0000
MAANALU
Bonus issue 1:1
MOTILALOFS
Final Dividend - Rs. - 5.0000
NESCO
Final Dividend - Rs. - 3.0000
SHK
Final Dividend - Rs. - 0.7500
STEELCAS
Dividend - Rs. - 1.3500
ULTRACEMCO
Dividend - Rs. - 37.0000
*Today's Key Results/Board Meetings*
*2-Aug-21*
AJMERA
A.G.M.;Quarterly Results
APIL
Quarterly Results
ASTAR
Quarterly Results
ATHENAGLO
Quarterly Results
AVADHSUGAR
Quarterly Results
BALAMINES
Audited Results;Quarterly Results
BSELINFRA
Quarterly Results
CARBORUNIV
Quarterly Results
CASTROLIND
Quarterly Results
CGCL
Quarterly Results
CGPOWER
Quarterly Results
CONTCHM
Quarterly Results
CORALFINAC
Quarterly Results
EARUM
Audited Results
EMAMILTD
Quarterly Results
ESCORTSFIN
General;Quarterly Results
GMPL
A.G.M.;General
GOLDENCREST
A.G.M.;Quarterly Results;General
GYANDEV
Audited Results;Quarterly Results
HBPOR
Quarterly Results
HBSTOCK
Quarterly Results
HDFC
Quarterly Results
IFBAGRO
Quarterly Results
IPRINGLTD
Quarterly Results
JMCPROJECT
General;Quarterly Results
KREONFIN
Quarterly Results
KSL
Quarterly Results
LATIMMETAL
Interim Dividend;Quarterly Results
LIKHAMI
A.G.M.;General;Quarterly Results
MANGCHEFER
Quarterly Results
NAHARCAP
Quarterly Results
NAHARPOLY
Quarterly Results
NAHARSPING
Quarterly Results
NALINLEA
Dividend;Quarterly Results
NEWLIGHT
Quarterly Results
NITTAGELA
Quarterly Results
ORIENTCEM
Quarterly Results
PNB
Quarterly Results
PRATIKSH
Quarterly Results
RAHME
Quarterly Results
RBLBANK
Quarterly Results
RENUKA
Quarterly Results
RITESHIN
General;Quarterly Results
SIMPLXMIL
Quarterly Results
SIMPLXPAP
Quarterly Results
SUCROSA
A.G.M.;Quarterly Results
SURYALAXMI
Quarterly Results
TERRAFORM
Quarterly Results
TERRAREAL
Quarterly Results
VBL
Interim Dividend;Quarterly Results
VICTORYPP
A.G.M.;General
VTMLTD
Quarterly Results
*Stock under F&O ban on NSE*
*2-Aug-21*
1SUNTV
Nikkei +455 pts ,
Hangseng +94 pts ,
Now @6.58am .
Dow +153.60 pts ,Nsdq +15.68 pts, S&P
+18.51 pts, Bovespa -610 pts , Ftse +61 pts , Dax +70 pts , Cac +24 pts , Crude @ $73.59 brl (-0.36), Brent @ $74.98 brl (-0.19) , Gold @ 1818.40 (+1.25), Silver @ $25.573 (+0.02), Euro @ $1.1871, JPY @ $109.64, INR @ 74.345
*Today's Corporate Action*
*2nd Aug Ex Date*
AARTISURF
Final Dividend - Rs. - 3.0000
ATISHAY
Final Dividend - Rs. - 0.7000
BRIGADE
Final Dividend - Rs. - 1.2000
CENTUM
Final Dividend - Rs. - 2.0000
GEPIL
Dividend - Rs. - 1.0000
ICICIGI
Final Dividend - Rs. - 4.0000
KIRLOSIND
Final Dividend - Rs. - 10.0000
LKPFIN
Dividend - Rs. - 2.0000
MAANALU
Bonus issue 1:1
MOTILALOFS
Final Dividend - Rs. - 5.0000
NESCO
Final Dividend - Rs. - 3.0000
SHK
Final Dividend - Rs. - 0.7500
STEELCAS
Dividend - Rs. - 1.3500
ULTRACEMCO
Dividend - Rs. - 37.0000
*Today's Key Results/Board Meetings*
*2-Aug-21*
AJMERA
A.G.M.;Quarterly Results
APIL
Quarterly Results
ASTAR
Quarterly Results
ATHENAGLO
Quarterly Results
AVADHSUGAR
Quarterly Results
BALAMINES
Audited Results;Quarterly Results
BSELINFRA
Quarterly Results
CARBORUNIV
Quarterly Results
CASTROLIND
Quarterly Results
CGCL
Quarterly Results
CGPOWER
Quarterly Results
CONTCHM
Quarterly Results
CORALFINAC
Quarterly Results
EARUM
Audited Results
EMAMILTD
Quarterly Results
ESCORTSFIN
General;Quarterly Results
GMPL
A.G.M.;General
GOLDENCREST
A.G.M.;Quarterly Results;General
GYANDEV
Audited Results;Quarterly Results
HBPOR
Quarterly Results
HBSTOCK
Quarterly Results
HDFC
Quarterly Results
IFBAGRO
Quarterly Results
IPRINGLTD
Quarterly Results
JMCPROJECT
General;Quarterly Results
KREONFIN
Quarterly Results
KSL
Quarterly Results
LATIMMETAL
Interim Dividend;Quarterly Results
LIKHAMI
A.G.M.;General;Quarterly Results
MANGCHEFER
Quarterly Results
NAHARCAP
Quarterly Results
NAHARPOLY
Quarterly Results
NAHARSPING
Quarterly Results
NALINLEA
Dividend;Quarterly Results
NEWLIGHT
Quarterly Results
NITTAGELA
Quarterly Results
ORIENTCEM
Quarterly Results
PNB
Quarterly Results
PRATIKSH
Quarterly Results
RAHME
Quarterly Results
RBLBANK
Quarterly Results
RENUKA
Quarterly Results
RITESHIN
General;Quarterly Results
SIMPLXMIL
Quarterly Results
SIMPLXPAP
Quarterly Results
SUCROSA
A.G.M.;Quarterly Results
SURYALAXMI
Quarterly Results
TERRAFORM
Quarterly Results
TERRAREAL
Quarterly Results
VBL
Interim Dividend;Quarterly Results
VICTORYPP
A.G.M.;General
VTMLTD
Quarterly Results
*Stock under F&O ban on NSE*
*2-Aug-21*
1SUNTV
*Good Morning*
• Billionaire Agarwal’s Sterlite Power Said to Hire Banks for IPO
• Fino Payments, Cartrade Tech to Hit Capital Market Amid IPO Boom
• Adani Registers Petrochem Unit After Reliance’s Renewables Push
• India Gross GST Collections at INR1.16T in the July 2021: PIB
• India to Privatize More Electricity Retailers: Power Minister
• India’s April-June Budget Deficit Reaches 18.2% of FY Target
• India June Key Industries’ Output Rises 8.9% Y/y, Steel +25% y/y
o Natural gas +20.6% y/y, Coal +7.4% y/y
• India June Consumer Price for Industrial Workers Rise 5.57%
• Biggest Indian Drugmaker’s Profit Surprises as Top Markets Grow
• India Said to Probe Binance in Betting App Laundering Probe
• Indian Banks Loans to NBFC Companies Drop to 6-Month Low
• India Forex Reserves Fall $1.58b to $611.1b in Week to July 23
• Global Funds Sell Net INR38.5B of India Stocks on July 30: NSE
o Domestic funds Buy net 29.6b rupees of stocks
• Foreign Investors Sell Net INR1.83B of Indian Equities July 29
• Foreigners Buy Net INR22B of Indian Equity Derivatives July 30
• India will always be a voice of moderation: EAM Jaishankar: PTI
• China, India Among Nations That Missed Climate Target Date: AP
• Indian government readying info bank for startups: ET
• SBI waives processing fee on home loans till August-end: PTI
• 10:30am: Markit India Manufacturing PMI for July, prior 48.1
• Prime Minister Narendra Modi will launch e-RUPI, a person and purpose specific digital payment solution via video conferencing.
• Adani Enterprises (ADE): Registers a wholly owned unit Adani Petrochem Ltd., after Reliance’s Renewables push
• Atul Auto (ATA): Gets RBI nod for Khushbu Auto Finance Aquisition
• Azure Power Global (AZRE): India CCI Gets Notice of Acquisition in Azure by Omers
• Bandhan Bank (BANDHAN): 1Q net income -32% y/y to 3.73b rupees, est. 2.75b, provisions -14% q/q to 13.7b; Gross NPA 8.18% vs. 6.81% q/q
• Bharat Heavy (BHEL): 1Q net loss 4.45b rupees, est. loss 3.47b
• Blue Dart (BDE): 1Q net income 293.7m rupees vs. loss 1.28b y/y
• Britannia Ind. (BRIT): 1Q net income -29% y/y to 3.9b rupees, misses est 4.12b
• Cholamandalam (CIFC): 1Q net income -24% y/y to 3.27b rupees, est. 3.79b
• Dr. Reddy’s (DRRD) & Lupin (LPC): Novartis files three suits to block copies of Rydapt Cancer Drug
• Escorts (ESC): July domestic tractor sales 6,055 unit vs 4,953 year ago
• Exide Industries (EXID): 1Q net income 1.25b rupees vs. 439.5m y/y, misses est. 1.64b; revenue +61% y/y to 24.9b
• Equitas Small Finance (EQUITASB): 1Q net income -89% q/q to 119.3m rupees, est. 848.3m; Gross NPA 4.76% vs. 3.73% q/q
• Finolex Industries (FNXP): 1Q net income 1.47b rupees vs. 551.1million rupees y/y
• IDFC First Bank (IDFCFB): 1Q net loss 6.3b rupees vs net income 935.5m year ago
• Indian Oil Corp. (IOC): IOC-Petronas JV to expand into fuel retailing in India: Vaidya
• Info Edge (INFOE): Invests 70m rupees in 4B Networks to raise stake to 19.9% from 12.3%
• ITC Ltd (ITC): Says Wimco has become a wholly owned unit of Co.
• Macrotech (LODHA): 1Q net Income -48% to 1.61b rupees vs. 3.11b Q/q
• Maruti Suzuki India (MSIL): Total July sales 162,462 units vs 108,064 yr ago
• NTPC Ltd. (NTPC): 1Q net income +27% y/y to 31.45b rupees, misses est. 35.1b; revenue 11% y/y to 260.4b
• Reliance Power (RPWR): Defaults on 144.7m rupees of debt repayments on June 30
• Shriram Transport (SHTF): 1Q net income -47% y/y to 1.7b rupees, misses est. 5.68b; revenue +12% y/y to 46.5b; approve Fund raising via bonds issue
• Tata Motors (TTMT): Says supply issues to hit sales, production, margin: Chairman at AGM; Total July sales 54,119 unit vs 27,711 year go
o Jaguar Owner to Raise Funds for EV Business, Chairman Says
• Titagarh Wagons (TWL): Says Italy unit has flagged off the first train for Pune Metro coach, out of the 34 trains order
• Torrent Power (TPW): To acquire LREHL Renewables at EV about INR3.17b
• UPL Ltd. (UPLL): 1Q net income +23% y/y to 6.77b rupees, est. 6.81b
• Billionaire Agarwal’s Sterlite Power Said to Hire Banks for IPO
• Fino Payments, Cartrade Tech to Hit Capital Market Amid IPO Boom
• Adani Registers Petrochem Unit After Reliance’s Renewables Push
• India Gross GST Collections at INR1.16T in the July 2021: PIB
• India to Privatize More Electricity Retailers: Power Minister
• India’s April-June Budget Deficit Reaches 18.2% of FY Target
• India June Key Industries’ Output Rises 8.9% Y/y, Steel +25% y/y
o Natural gas +20.6% y/y, Coal +7.4% y/y
• India June Consumer Price for Industrial Workers Rise 5.57%
• Biggest Indian Drugmaker’s Profit Surprises as Top Markets Grow
• India Said to Probe Binance in Betting App Laundering Probe
• Indian Banks Loans to NBFC Companies Drop to 6-Month Low
• India Forex Reserves Fall $1.58b to $611.1b in Week to July 23
• Global Funds Sell Net INR38.5B of India Stocks on July 30: NSE
o Domestic funds Buy net 29.6b rupees of stocks
• Foreign Investors Sell Net INR1.83B of Indian Equities July 29
• Foreigners Buy Net INR22B of Indian Equity Derivatives July 30
• India will always be a voice of moderation: EAM Jaishankar: PTI
• China, India Among Nations That Missed Climate Target Date: AP
• Indian government readying info bank for startups: ET
• SBI waives processing fee on home loans till August-end: PTI
• 10:30am: Markit India Manufacturing PMI for July, prior 48.1
• Prime Minister Narendra Modi will launch e-RUPI, a person and purpose specific digital payment solution via video conferencing.
• Adani Enterprises (ADE): Registers a wholly owned unit Adani Petrochem Ltd., after Reliance’s Renewables push
• Atul Auto (ATA): Gets RBI nod for Khushbu Auto Finance Aquisition
• Azure Power Global (AZRE): India CCI Gets Notice of Acquisition in Azure by Omers
• Bandhan Bank (BANDHAN): 1Q net income -32% y/y to 3.73b rupees, est. 2.75b, provisions -14% q/q to 13.7b; Gross NPA 8.18% vs. 6.81% q/q
• Bharat Heavy (BHEL): 1Q net loss 4.45b rupees, est. loss 3.47b
• Blue Dart (BDE): 1Q net income 293.7m rupees vs. loss 1.28b y/y
• Britannia Ind. (BRIT): 1Q net income -29% y/y to 3.9b rupees, misses est 4.12b
• Cholamandalam (CIFC): 1Q net income -24% y/y to 3.27b rupees, est. 3.79b
• Dr. Reddy’s (DRRD) & Lupin (LPC): Novartis files three suits to block copies of Rydapt Cancer Drug
• Escorts (ESC): July domestic tractor sales 6,055 unit vs 4,953 year ago
• Exide Industries (EXID): 1Q net income 1.25b rupees vs. 439.5m y/y, misses est. 1.64b; revenue +61% y/y to 24.9b
• Equitas Small Finance (EQUITASB): 1Q net income -89% q/q to 119.3m rupees, est. 848.3m; Gross NPA 4.76% vs. 3.73% q/q
• Finolex Industries (FNXP): 1Q net income 1.47b rupees vs. 551.1million rupees y/y
• IDFC First Bank (IDFCFB): 1Q net loss 6.3b rupees vs net income 935.5m year ago
• Indian Oil Corp. (IOC): IOC-Petronas JV to expand into fuel retailing in India: Vaidya
• Info Edge (INFOE): Invests 70m rupees in 4B Networks to raise stake to 19.9% from 12.3%
• ITC Ltd (ITC): Says Wimco has become a wholly owned unit of Co.
• Macrotech (LODHA): 1Q net Income -48% to 1.61b rupees vs. 3.11b Q/q
• Maruti Suzuki India (MSIL): Total July sales 162,462 units vs 108,064 yr ago
• NTPC Ltd. (NTPC): 1Q net income +27% y/y to 31.45b rupees, misses est. 35.1b; revenue 11% y/y to 260.4b
• Reliance Power (RPWR): Defaults on 144.7m rupees of debt repayments on June 30
• Shriram Transport (SHTF): 1Q net income -47% y/y to 1.7b rupees, misses est. 5.68b; revenue +12% y/y to 46.5b; approve Fund raising via bonds issue
• Tata Motors (TTMT): Says supply issues to hit sales, production, margin: Chairman at AGM; Total July sales 54,119 unit vs 27,711 year go
o Jaguar Owner to Raise Funds for EV Business, Chairman Says
• Titagarh Wagons (TWL): Says Italy unit has flagged off the first train for Pune Metro coach, out of the 34 trains order
• Torrent Power (TPW): To acquire LREHL Renewables at EV about INR3.17b
• UPL Ltd. (UPLL): 1Q net income +23% y/y to 6.77b rupees, est. 6.81b
Pharma a long-term growth story; consolidation likely in IT: Andrew Holland
https://economictimes.indiatimes.com/markets/expert-view/pharma-a-long-term-growth-story-consolidation-likely-in-it-andrew-holland/articleshow/84892803.cms
Download Economic Times App to stay updated with Business News -
https://etapp.onelink.me/tOvY/135dde21
https://economictimes.indiatimes.com/markets/expert-view/pharma-a-long-term-growth-story-consolidation-likely-in-it-andrew-holland/articleshow/84892803.cms
Download Economic Times App to stay updated with Business News -
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The Economic Times
Pharma a long-term growth story; consolidation likely in IT: Andrew Holland
“In pharma, I would be geared more towards those companies which are exposed globally than locally at the moment. That is where we are going to get the continued tailwinds. It is a very good long term earnings story for the pharma companies in the generic…
India's fuel demand picks up in July, petrol consumption at pre-Covid level
https://mybs.in/2Zga1Ds
－shared via Business Standard iPhone App
https://mybs.in/2Zga1Ds
－shared via Business Standard iPhone App
Business-Standard
India's fuel demand picks up in July, petrol consumption at pre-Covid level
India's fuel demand picked up in July as easing of pandemic-related restrictions accelerated economic activity, helping petrol consumption reach pre-Covid levels
🔹 *Results next week*
2ND AUGUST
AJMERA REALTY & INFRA INDIA
ASIAN STAR CO
Avadh Sugar & Energy
BALAJI AMINES
CARBORUNDUM UNIVERSAL
CASTROL INDIA
Capri Global Capital
CG Power and Industrial Solutions
EMAMI
HOUSING DEVELOPMENT FINANCE CORP
JMC PROJECTS
KALYANI STEELS
MANGALORE CHEMICALS & FERTILIZERS
NAHAR CAPITAL & FINANCIAL SERVICES
NAHAR SPINNING MILLS
Orient Cement
PUNJAB NATIONAL BANK
RBL Bank
SHREE RENUKA SUGARS
Varun Beverages
3RD AUGUST
ADANI ENTERPRISES
ADANI PORTS AND SPECIAL ECONOMIC ZONE
ALKYL AMINES CHEMICALS
Bajaj Healthcare
BANK OF INDIA
Barbeque-Nation Hospitality
BHARTI AIRTEL
CARE Ratings
DABUR INDIA
DHAMPUR SUGAR MILLS
ELGI EQUIPMENTS
EVEREST INDUSTRIES
Godrej Properties
INDO COUNT INDUSTRIES
IIFL Wealth Management
INOX LEISURE
INDIAN OVERSEAS BANK
KAJARIA CERAMICS
KALPATARU POWER TRANSMISSION
KIRLOSKAR BROTHERS
NEULAND LABORATORIES
NITIN SPINNERS
NOCIL
SHIPPING CORPORATION OF INDIA
Tata Consumer Products
TRANSPORT CORPORATION OF INDIA
4TH AUGUST
Adani Green Energy
APOLLO TYRES
Adani Total Gas
BHARAT BIJLEE
BLUE STAR
Borosil Renewables
BOSCH LTD
Butterfly Gandhimathi Appliances
CHAMBAL FERTILISERS & CHEMICALS
Cholamandalam Financial Holdings
COSMO FILMS
GABRIEL INDIA
GODREJ CONSUMER PRODUCTS
GREENPLY INDUSTRIES
H.G. Infra Engineering
HINDUSTAN PETROLEUM CORPORATION LTD
MAYUR UNIQUOTERS
NAVA BHARAT VENTURES
ORIENTAL CARBON & CHEMICALS
PDS Multinational Fashions
PNB Housing Finance
STATE BANK OF INDIA
Solara Active Pharma Sciences
SONATA SOFTWARE
Srikalahasthi Pipes
SUBROS
Sumitomo Chemical India
TATA COMMUNICATIONS
Tata Steel Bsl
The Investment Trust Of India
THOMAS COOK (INDIA)
Titan
VARDHMAN SPECIAL STEELS
5TH AUGUST
Aditya Birla Capital
ACRYSIL
ADANI POWER
Alicon Castalloy
ANDHRA PETROCHEMICALS
ARVIND LTD
Bajaj Consumer Care
BIRLA CORPORATION
BRIGADE ENTERPRISES
CAPLIN POINT LABORATORIES
CERA SANITARYWARE
CIPLA
Edelweiss Financial Services
ESCORTS
GAIL
Gujarat Gas Ltd
HIKAL
HONEYWELL AUTOMATION INDIA
Indiabulls Housing Finance
IPCA LABORATORIES
ITD CEMENTATION INDIA
Johnson Controls-Hitachi Air Conditioning India
JUBILANT INDUSTRIES
KIOCL Ltd
Monte Carlo Fashions
NACL Industries
Navkar Corporation
NCC
Narayana Hrudayalaya
PANAMA PETROCHEM
Pitti Engineering
Prince Pipes and Fittings
Quess Corp
REC
SML ISUZU
SOMANY CERAMICS
TATA CHEMICALS
THERMAX
TTK HEALTHCARE
Vidhi Specialty Food Ingredients
6TH AUGUST
AARTI INDUSTRIES
ABBOTT INDIA
ALEMBIC
Alkem Laboratories
AMINES & PLASTICIZERS
APL APOLLO TUBES
Apollo Tricoat Tubes
Arvind Fashions
ASIAN GRANITO INDIA
Astral Ltd
AU Small Finance Bank
BALKRISHNA INDUSTRIES
BALMER LAWRIE & CO
BASF INDIA
BHARAT ELECTRONICS LTD
BEML
BERGER PAINTS INDIA
CHAMAN LAL SETIA EXPORTS
ELECON ENGINEERING CO
EMAMI PAPER MILLS
GRAPHITE INDIA
HINDALCO INDUSTRIES
Huhtamaki India
I G PETROCHEMICALS
Indigo Paints
JK TYRE & INDUSTRIES
KOPRAN
LUMAX INDUSTRIES
MAHINDRA & MAHINDRA
MTAR Technologies
NATIONAL ALUMINIUM CO
OnMobile Global
PIRAMAL ENTERPRISES
The Phoenix Mills
PRAKASH INDUSTRIES
RANE HOLDINGS
RATNAMANI METALS & TUBES
R Systems International
Sandhar Tech
S H Kelkar and Co
Sona BLW Precision Forgings
Strides Pharma Science
SUDARSHAN CHEMICAL INDUSTRIES
TAJGVK HOTELS & RESORTS
TATA POWER CO
TORRENT POWER
TVS SRICHAKRA
Ujjivan Small Finance Bank
VOLTAS
ZEE
2ND AUGUST
AJMERA REALTY & INFRA INDIA
ASIAN STAR CO
Avadh Sugar & Energy
BALAJI AMINES
CARBORUNDUM UNIVERSAL
CASTROL INDIA
Capri Global Capital
CG Power and Industrial Solutions
EMAMI
HOUSING DEVELOPMENT FINANCE CORP
JMC PROJECTS
KALYANI STEELS
MANGALORE CHEMICALS & FERTILIZERS
NAHAR CAPITAL & FINANCIAL SERVICES
NAHAR SPINNING MILLS
Orient Cement
PUNJAB NATIONAL BANK
RBL Bank
SHREE RENUKA SUGARS
Varun Beverages
3RD AUGUST
ADANI ENTERPRISES
ADANI PORTS AND SPECIAL ECONOMIC ZONE
ALKYL AMINES CHEMICALS
Bajaj Healthcare
BANK OF INDIA
Barbeque-Nation Hospitality
BHARTI AIRTEL
CARE Ratings
DABUR INDIA
DHAMPUR SUGAR MILLS
ELGI EQUIPMENTS
EVEREST INDUSTRIES
Godrej Properties
INDO COUNT INDUSTRIES
IIFL Wealth Management
INOX LEISURE
INDIAN OVERSEAS BANK
KAJARIA CERAMICS
KALPATARU POWER TRANSMISSION
KIRLOSKAR BROTHERS
NEULAND LABORATORIES
NITIN SPINNERS
NOCIL
SHIPPING CORPORATION OF INDIA
Tata Consumer Products
TRANSPORT CORPORATION OF INDIA
4TH AUGUST
Adani Green Energy
APOLLO TYRES
Adani Total Gas
BHARAT BIJLEE
BLUE STAR
Borosil Renewables
BOSCH LTD
Butterfly Gandhimathi Appliances
CHAMBAL FERTILISERS & CHEMICALS
Cholamandalam Financial Holdings
COSMO FILMS
GABRIEL INDIA
GODREJ CONSUMER PRODUCTS
GREENPLY INDUSTRIES
H.G. Infra Engineering
HINDUSTAN PETROLEUM CORPORATION LTD
MAYUR UNIQUOTERS
NAVA BHARAT VENTURES
ORIENTAL CARBON & CHEMICALS
PDS Multinational Fashions
PNB Housing Finance
STATE BANK OF INDIA
Solara Active Pharma Sciences
SONATA SOFTWARE
Srikalahasthi Pipes
SUBROS
Sumitomo Chemical India
TATA COMMUNICATIONS
Tata Steel Bsl
The Investment Trust Of India
THOMAS COOK (INDIA)
Titan
VARDHMAN SPECIAL STEELS
5TH AUGUST
Aditya Birla Capital
ACRYSIL
ADANI POWER
Alicon Castalloy
ANDHRA PETROCHEMICALS
ARVIND LTD
Bajaj Consumer Care
BIRLA CORPORATION
BRIGADE ENTERPRISES
CAPLIN POINT LABORATORIES
CERA SANITARYWARE
CIPLA
Edelweiss Financial Services
ESCORTS
GAIL
Gujarat Gas Ltd
HIKAL
HONEYWELL AUTOMATION INDIA
Indiabulls Housing Finance
IPCA LABORATORIES
ITD CEMENTATION INDIA
Johnson Controls-Hitachi Air Conditioning India
JUBILANT INDUSTRIES
KIOCL Ltd
Monte Carlo Fashions
NACL Industries
Navkar Corporation
NCC
Narayana Hrudayalaya
PANAMA PETROCHEM
Pitti Engineering
Prince Pipes and Fittings
Quess Corp
REC
SML ISUZU
SOMANY CERAMICS
TATA CHEMICALS
THERMAX
TTK HEALTHCARE
Vidhi Specialty Food Ingredients
6TH AUGUST
AARTI INDUSTRIES
ABBOTT INDIA
ALEMBIC
Alkem Laboratories
AMINES & PLASTICIZERS
APL APOLLO TUBES
Apollo Tricoat Tubes
Arvind Fashions
ASIAN GRANITO INDIA
Astral Ltd
AU Small Finance Bank
BALKRISHNA INDUSTRIES
BALMER LAWRIE & CO
BASF INDIA
BHARAT ELECTRONICS LTD
BEML
BERGER PAINTS INDIA
CHAMAN LAL SETIA EXPORTS
ELECON ENGINEERING CO
EMAMI PAPER MILLS
GRAPHITE INDIA
HINDALCO INDUSTRIES
Huhtamaki India
I G PETROCHEMICALS
Indigo Paints
JK TYRE & INDUSTRIES
KOPRAN
LUMAX INDUSTRIES
MAHINDRA & MAHINDRA
MTAR Technologies
NATIONAL ALUMINIUM CO
OnMobile Global
PIRAMAL ENTERPRISES
The Phoenix Mills
PRAKASH INDUSTRIES
RANE HOLDINGS
RATNAMANI METALS & TUBES
R Systems International
Sandhar Tech
S H Kelkar and Co
Sona BLW Precision Forgings
Strides Pharma Science
SUDARSHAN CHEMICAL INDUSTRIES
TAJGVK HOTELS & RESORTS
TATA POWER CO
TORRENT POWER
TVS SRICHAKRA
Ujjivan Small Finance Bank
VOLTAS
ZEE
*Morning Action @ 7am – Monday, August 2nd 2021.*
Wall Street ran out of steam in Friday’s trade. Blame it on renewed concerns about a rise of cases of the delta variant COVID-19 and disappointing results from Amazon.com.
*In early morning action, SGX Nifty seen simply zooming higher* amidst a rising Asia and as Nasdaq and S&P futures bounce back on easing regulatory concerns from China.*
*The positive catalyst:* GST revenue for the month of July stood at over Rs 1.16 lakh crore, 33 per cent higher than the collection in the same month of 2020, indicating that the economy is recovering at a fast pace. The ministry said in a statement that the robust GST revenues are likely to continue in the coming months too.
*7 AM GLOBAL UPDATE:*
# SGX Nifty (+109, 15883)
# Dow (-149, 34935)
# Nasdaq (-105, 14673)
# Brazil Bovespa (-3874, 121801)
# Nikkei (+432, 27716)
# Hang Seng (+94, 26054)
*MARKET TRENDS:*
# Global: Negative.
# FII: Negative (-3848.31 Cr)
# DII: Positive (+2956.68 Cr)
# F&O: 15300-16000 zone
# Market Breadth: Weak
# Sentiment: Negative
# Technicals: Range bound
# Outlook: Buying advised above Nifty 15863 mark.
*All ABOUT NIFTY & BANK NIFTY:*
NIFTY (CMP 15763):
# SUPPORT: 15639/15513
# RESISTANCE: 15863/15963
# RANGE: 15707-15907
# BIAS: Positive.
BANK NIFTY (CMP 34584):
# SUPPORT: 33849/32549
# RESISTANCE: 35267/36101
# RANGE: 33849-34849
# BIAS: Negative.
*THEME OF THE DAY:*
Nifty: At crossroads of reopening of economy and high inflation. Confirmation of strength only above 15863. Downside risk seen only below 15513 mark.
*TOP SECTORS:*
# Bullish Sectors: Reality, Metals, IT, Pharma.
# Bearish Sectors: Auto, Banks, FMCG.
Our *chart of the day* is bullish on stocks like STEEL AUTHORITY,PVR and VEDANTA with an interweek/inter-month perspective. On negative side, INDUSIND BANK, INDIAN HOTELS and BHARAT FORGE appear weak with an interweek perspective.
# *The 1 Stock to Buy Right Now:* SAIL has signaled a massive Flag Pattern breakout on the daily charts. Intermonth Strategy: Buy between 136-138 zone. Stop 126.05. Targets 151/157. Aggressive targets at 187.
# *Q1 earnings to trickle in today:* CASTROL, RBL BANK, HDFC, CG POWER, EMAMI.
*Disclaimer:* Our subscribers/clients may have positions in the stocks recommended in this note. Please note that the actual subscribers may receive additional information in real time not available to the viewers of this note.
This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments.
Wall Street ran out of steam in Friday’s trade. Blame it on renewed concerns about a rise of cases of the delta variant COVID-19 and disappointing results from Amazon.com.
*In early morning action, SGX Nifty seen simply zooming higher* amidst a rising Asia and as Nasdaq and S&P futures bounce back on easing regulatory concerns from China.*
*The positive catalyst:* GST revenue for the month of July stood at over Rs 1.16 lakh crore, 33 per cent higher than the collection in the same month of 2020, indicating that the economy is recovering at a fast pace. The ministry said in a statement that the robust GST revenues are likely to continue in the coming months too.
*7 AM GLOBAL UPDATE:*
# SGX Nifty (+109, 15883)
# Dow (-149, 34935)
# Nasdaq (-105, 14673)
# Brazil Bovespa (-3874, 121801)
# Nikkei (+432, 27716)
# Hang Seng (+94, 26054)
*MARKET TRENDS:*
# Global: Negative.
# FII: Negative (-3848.31 Cr)
# DII: Positive (+2956.68 Cr)
# F&O: 15300-16000 zone
# Market Breadth: Weak
# Sentiment: Negative
# Technicals: Range bound
# Outlook: Buying advised above Nifty 15863 mark.
*All ABOUT NIFTY & BANK NIFTY:*
NIFTY (CMP 15763):
# SUPPORT: 15639/15513
# RESISTANCE: 15863/15963
# RANGE: 15707-15907
# BIAS: Positive.
BANK NIFTY (CMP 34584):
# SUPPORT: 33849/32549
# RESISTANCE: 35267/36101
# RANGE: 33849-34849
# BIAS: Negative.
*THEME OF THE DAY:*
Nifty: At crossroads of reopening of economy and high inflation. Confirmation of strength only above 15863. Downside risk seen only below 15513 mark.
*TOP SECTORS:*
# Bullish Sectors: Reality, Metals, IT, Pharma.
# Bearish Sectors: Auto, Banks, FMCG.
Our *chart of the day* is bullish on stocks like STEEL AUTHORITY,PVR and VEDANTA with an interweek/inter-month perspective. On negative side, INDUSIND BANK, INDIAN HOTELS and BHARAT FORGE appear weak with an interweek perspective.
# *The 1 Stock to Buy Right Now:* SAIL has signaled a massive Flag Pattern breakout on the daily charts. Intermonth Strategy: Buy between 136-138 zone. Stop 126.05. Targets 151/157. Aggressive targets at 187.
# *Q1 earnings to trickle in today:* CASTROL, RBL BANK, HDFC, CG POWER, EMAMI.
*Disclaimer:* Our subscribers/clients may have positions in the stocks recommended in this note. Please note that the actual subscribers may receive additional information in real time not available to the viewers of this note.
This does not construe to be an investment advice. Stock market investments are subject to market risks. All information is a point of view, and is for educational and informational use only. The author accepts no liability for any interpretation of articles or comments on this blog being used for actual investments.
GM jsk stock in news irctc,vedl,bharatiair,pi,indusswiftlab,hdfc,upl,pnb,tataconsu,renuka,tatamot. Negative stocks ntpc,idfcfirst,bhel,sriramtrans. Nifty range 15680-15900.
Pledge Share Details
Adani Ports and SEZ: Promoter group (Gautam Adani and Rajesh Adani) created a pledge of 23 lakh shares on July 28.
Adani Transmission: Promoter group (Gautam Adani and Rajesh Adani) created a pledge of 24 lakh shares on July 28.
Ajanta Pharma: Promoter Aayush Agrawal revoked pledge of 6.45 lakh shares between May 10-12. As reported on July 30.
Adani Ports and SEZ: Promoter group (Gautam Adani and Rajesh Adani) created a pledge of 23 lakh shares on July 28.
Adani Transmission: Promoter group (Gautam Adani and Rajesh Adani) created a pledge of 24 lakh shares on July 28.
Ajanta Pharma: Promoter Aayush Agrawal revoked pledge of 6.45 lakh shares between May 10-12. As reported on July 30.
Who’s Meeting Whom
IIFL Finance: To meet Fiera Capital on August 3.
UTI Asset Management Company: To meet SBI Investec on August 2 and White Oak Capital on August 3.
5Paisa Capital: To meet Motilal Oswal on August 5.
IIFL Finance: To meet Fiera Capital on August 3.
UTI Asset Management Company: To meet SBI Investec on August 2 and White Oak Capital on August 3.
5Paisa Capital: To meet Motilal Oswal on August 5.
Trading Tweaks
Ex-Date AGM: IDBI Bank, Take Solutions, Suven Life Sciences, Union Bank of India, UltraTech Cement
Ex-Date Final Dividend: Brigade Enterprises, Centum Electronics, ICICI Lombard General Insurance Company, Kirloskar Industries, Motilal Oswal Financial Services, Nesco, SH Kelkar and Company
Ex-Date Dividend: GE Power India, Ultratech Cement
Record Date Special Dividend: Larsen & Toubro Infotech
Price Band Revised From 10% To 5%: Khaitan Chemicals & Fertilizers
Price Band Revised From 10% To 20%: Pearl Global Industries
Price Band Revised From 20% To 10%: Indian Metals & Ferro Alloys
Move Into Short-Term ASM Framework: GHCL
Move Into ASM Framework: Nitin Spinners, Jai Balaji Industries, Pearl Global Industries, Parsvnath Developers
Move Out Of ASM Framework: Steel Exchange India, Sonata Software, Saksoft, Kajaria Ceramics, Jet Airways (India)
Ex-Date AGM: IDBI Bank, Take Solutions, Suven Life Sciences, Union Bank of India, UltraTech Cement
Ex-Date Final Dividend: Brigade Enterprises, Centum Electronics, ICICI Lombard General Insurance Company, Kirloskar Industries, Motilal Oswal Financial Services, Nesco, SH Kelkar and Company
Ex-Date Dividend: GE Power India, Ultratech Cement
Record Date Special Dividend: Larsen & Toubro Infotech
Price Band Revised From 10% To 5%: Khaitan Chemicals & Fertilizers
Price Band Revised From 10% To 20%: Pearl Global Industries
Price Band Revised From 20% To 10%: Indian Metals & Ferro Alloys
Move Into Short-Term ASM Framework: GHCL
Move Into ASM Framework: Nitin Spinners, Jai Balaji Industries, Pearl Global Industries, Parsvnath Developers
Move Out Of ASM Framework: Steel Exchange India, Sonata Software, Saksoft, Kajaria Ceramics, Jet Airways (India)
Money Market Update
The rupee ended at 74.41 against the U.S. Dollar on Friday as compared to Thursday's closing of 74.28.
The rupee ended at 74.41 against the U.S. Dollar on Friday as compared to Thursday's closing of 74.28.