NLC India Limited's creditworthiness has been affirmed by CRISIL Ratings, highlighting its strong financial standing. 🌟

𝗞𝗲𝘆 𝗥𝗮𝘁𝗶𝗻𝗴 𝗗𝗲𝘁𝗮𝗶𝗹𝘀:

- 𝗕𝗮𝗻𝗸 𝗟𝗼𝗮𝗻 𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝗶𝗲𝘀: The rating for bank loan facilities has been 𝗿𝗲𝗮𝗳𝗳𝗶𝗿𝗺𝗲𝗱 at 𝗖𝗥𝗜𝗦𝗜𝗟 𝗔𝗔𝗔/𝗦𝘁𝗮𝗯𝗹𝗲.

The total amount for these facilities has been reduced to ₹9,140.44 𝗖𝗿𝗼𝗿𝗲 from the previous ₹10,334.7 Crore.

This reduction in debt could signal improved financial management. 📉

- 𝗡𝗼𝗻-𝗖𝗼𝗻𝘃𝗲𝗿𝘁𝗶𝗯𝗹𝗲 𝗗𝗲𝗯𝗲𝗻𝘁𝘂𝗿𝗲𝘀 (𝗡𝗖𝗗𝘀): The rating for NCDs aggregating ₹2,500 𝗖𝗿𝗼𝗿𝗲 has also been 𝗿𝗲𝗮𝗳𝗳𝗶𝗿𝗺𝗲𝗱 at 𝗖𝗥𝗜𝗦𝗜𝗟 𝗔𝗔𝗔/𝗦𝘁𝗮𝗯𝗹𝗲.

This indicates continued confidence in the company's ability to meet its debt obligations.

SAUDI ARABIA SETS OCTOBER ARAB LIGHT CRUDE OIL OSP TO ASIA AT MINUS $2/BBL VS OMAN/DUBAI AVERAGE- PRICING DOCUMENT SEEN BY RTRS

Grok and Claude both experienced "outages" today

POLYCAB, FINOLEX

Price hikes were announced to dealers in August end-but were delayed due to large competitors' announcement - NDTV PROFIT

Price hikes undertaken due to rising copper prices and elevated input costs

FINOLEX CABLES

3% hike on Light Duty Cables and Communication Cables w.e.f Sept 4 - NDTV PROFIT

KEI IND

No price action taken by KEI Industries yet - NDTV PROFIT

SEBI

SEBI to propose changes to CAS system in a week's time

Changes specifically to calculation of settlement prices of derivative contracts

SEBI to review settlement price methodology for derivatives contract

OSWAL PUMPS:

CO DEPLOYS IPO PROCEEDS TO EXPAND SOLAR MODULE CAPACITY TO 1,570 MW; EXPANDS INTO INDUSTRIAL PUMPS AND ROOFTOP SOLAR

SAUDI ARABIA SETS OCTOBER ARAB LIGHT CRUDE OIL OSP TO UNITED STATES AT PLUS $4.60/BBL VS ASCI- PRICING DOCUMENT SEEN BY RTRS

ACME SOLAR HOLDINGS:

CO ACCELERATES BESS AND FIRM RENEWABLE DEPLOYMENT, TARGETS 10 GW OPERATIONAL CAPACITY AND 25 GWH STORAGE BY 2030

PIYUSH GOYAL WARNS AUTO MAKERS TO INCREASE LOCALISATION IN INDIA OR FACE CONSEQUENCES

EXATO TECHNOLOGIES:

CO TARGETS $250 MILLION GLOBAL ENTERPRISE, AIMS TO SCALE FEARLESSLY AND BUILD HIGH-GROWTH SUSTAINABLE BUSINESS

SAIL: INDIA RATINGS UPGRADES RATING TO ‘IND AA+/STABLE’ 📈

• Long-term credit rating upgraded to IND AA+/Stable from IND AA.

• ₹22,000 Cr bank facilities upgraded/affirmed at IND AA+/Stable / IND A1+.

• Upgrade driven by better operating performance, higher volumes, improved capacity utilisation, cost reduction & lower debt.

Impact: Positive – Stronger operating & financial profile.

US MORTGAGE RATES REACH 6.71%, THE HIGHEST LEVEL SINCE JULY 2025.

Where's The Alpha?

Brokerages, Exchange Stocks- SEBI to review settlement price methodology for derivative contracts after CAS rollout.

Ceigall, Railtel, Diamond Power-Order win

Alembic, Enviro Infra Engineers, Silver Touch Tech-Promoter buying

Indian Energy Exchange-Strong August operational data

Ramco Systems-MoU with Safran Helicopter Engines

Cemindia Projects -ICRA upgrades long-term ratings

SAIL - India Ratings upgrades issuer rating

Relief For Capital Market Play Stocks?

SEBI to propose changes to CAS system in a week's time

Changes specifically to calculation of settlement prices of derivative contracts

SEBI to review settlement price methodology for derivatives contract

Settlement price determination has emerged as a key concern: SEBI

Regulator held consultations with exchanges, brokers and institutional investors

SEBI says stakeholder inputs were considered while finalising CAS framework

Feedback received from brokers, traders, exchanges, FPIs and other stakeholders

What's The Impact?
Sentimentally Positive
BSE-Exchanges
Angel One, Groww, MOSL, 5-Paisa Capital, Nuvama-Brokers
Positive volumes may-be expected to increase volumes and participations

Decoding The CAS Impact-Of August
Aug F&O premium ADTV fell 26.5% for BSE, 15.2% for Groww, while Angel’s daily orders fell 12.2% MoM.
Alert-ADTV is Average Daily Turnover

What Lies Ahead-Capital Market Theme?
More clarity on CAS
More participation expected from eco-system
Non-F&O products also remain key focus of brokers
Expect volumes to remain muted unless a big surprise comes