FM Nirmala Sitharaman to launch national infrastructure monetization plan on August 23

https://www.moneycontrol.com/news/business/fm-nirmala-sitharaman-to-launch-national-monetisation-pipeline-on-august-23-7277661.html



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Stocks Ban In F&O:

Canara Bank,
Nalco,
NMDC,
PNB,
Sun TV,
Vedanta

*🔹Mkt. Updates :*

*SGX Nifty +135 pts (16555) from last trade 16420 ,*

Nikkei +342 pts ,
Hangseng +320 pts ,
Now @6.52am .

Dow +225.96 pts ,Nsdq +172.88 pts, S&P
+35.87 pts, Bovespa +888 pts , Ftse +29 pts  , Dax +42 pts , Cac +20 pts , Crude @ $62.61 brl (+0.46), Brent @ $65.74 brl (+0.56) , Gold @ 1780.40 (-3.50), Silver @ $22.99 (-0.11), Euro @ $1.1702, JPY @ $109.90,  INR @ 74.345


*🔹US GOVT. 10-YEAR YIELD : 1.27%*


*Today's Corporate Action, 23rd  Aug Ex Date :*

ASTRAL
Final Dividend - Rs. - 1.0000
BALAJITELE
Final Dividend - Rs. - 0.2000
BENGALT
Final Dividend - Rs. - 1.0000
CHAMBLFERT
Final Dividend - Rs. - 4.5000
DLF
Dividend - Rs. - 2.0000
GLOSTERLTD
Dividend - Rs. - 25.0000
INDIAMART
Final Dividend - Rs. - 15.0000
KAIRA
Final Dividend - Rs. - 10.0000
RUPA
Dividend - Rs. - 3.0000
RUPA
Special Dividend - Rs. - 2.0000
SHREYANIND
Dividend - Rs. - 3.0000
SUNPHARMA
Final Dividend - Rs. - 2.0000
SUNTV
Interim Dividend - Rs. - 3.7500
SWASTIVI
Bonus issue 2:7


*Today's Key Results / Board Meetings, 23-Aug-21 :*

ARNOLD
A.G.M.
BAROEXT
A.G.M.
CANBK
General
ECOBOAR
General
INDHOTEL
General
KAMAHOLD
Interim Dividend
MANGIND
A.G.M.;General
MEGASTAR
A.G.M.;General;Preferential Issue of shares
NATURAL
General
NETLINK
General
PBAINFRA
General
PURITY
A.G.M.;General
SACHEMT
A.G.M.;Dividend
SBFL
A.G.M.
SCTL
General
STARLENT
A.G.M.;Final Dividend
STDSFAC
General
WAA
A.G.M.


*SEC IN F&O BAN FOR, 23-Aug-21 :*

*1. CANBK 2. NATIONALUM 3. NMDC 4. PNB 5. SUNTV 6. VEDL*

*Bulk Deal & Insider Trade Update*
*Bulk Deals*
❇️Cartrade Tech Limited : Goldman Sachs Trust Goldman Sacs Brics Fund Buy 960042 Shares @ Rs. 1563.43

❇️Shilpa Medicare Ltd : Tano Mauritius India Fvci Ii Sell 1979605 Shares @ Rs. 520

❇️Cartrade Tech Limited : Jupiter India Fund Buy 389446 Shares @ Rs. 1575.55

❇️Shilpa Medicare Ltd : Cohesion Mk Best Ideas Sub-Trust Buy 700000 Shares @ Rs. 520

❇️Karda Constructions Ltd : Elara India Opportunities Fund Limited Buy 2800000 Shares @ Rs. 22.45

❇️Exxaro Tiles Limited : Societe Generale Sell 250000 Shares @ Rs. 121.76

❇️Vertoz Advertising Ltd : Tcg Funds Fund 1 A/C Tcg Funds Fund 1 Sell 89590 Shares @ Rs. 115

❇️Aavas : Partners Group Escl Ltd Sell 2372060 Shares @ Rs. 2453.62

❇️Aavas : Partners Group Private Equity (Master Fund),Llc Sell 1040976 Shares @ Rs. 2453.28

❇️Aavas : Government Of Singapore Buy 771124 Shares @ Rs. 2452.5

❇️Aavas : Hdfc Mutual Fund Buy 425000 Shares @ Rs. 2452.5

❇️Relchemq : Resonance Opportunities Fund Buy 90000 Shares @ Rs. 121.3

*Insider Trade*
*Acquisition*
❇️RAMSHA RAHMAN Promoter Group Acquisition 100000 shares of Mirza International Ltd. on 18-Aug-21

❇️Ms. Firdaus Amin Promoter Group Acquisition 50000 shares of Mirza International Ltd. on 18-Aug-21

❇️Showan Investment Pvt. Ltd. Promoter Group Acquisition 6000000 shares of Greenply Industries Ltd. on 20-Aug-21

❇️IGH Holdings Private Limited Promoter Group Acquisition 125000 shares of Aditya Birla Fashion And Retail Ltd

❇️Riddhi Portfolio Private Limited Promoter Group Acquisition 6500 shares of Ramkrishna Forgings Ltd. on 18-Aug-21

❇️Infinite Trade and Investments Limited Promoter Group Acquisition 1950000 shares of Adani Green Energy Ltd on 18-Aug-21

❇️Ishijas Chemicals Private Limited Promoter Group Acquisition 100000 shares of Pidilite Industries Ltd. on 18-Aug-21

*Disposal*
❇️Yogesh M Kothari Promoter & Director Disposal 24300 shares of Alkyl Amines Chemicals Ltd.

❇️S. M. Management Private Limited Promoter Group Disposal 6000000 shares of Greenply Industries Ltd. on 20-Aug-21

❇️TCI Finance Limited Promoter Group Disposal 15000 shares of Gati Ltd. on 18-Aug-21

❇️Bijal Dilipchandra Modi Director Disposal 2209 shares of Valiant Organics Ltd on 17-Aug-21

❇️Rujan Panjwani Director Disposal 650000 shares of Edelweiss Financial Services Ltd.

❇️RAMAPATI SINGHANIA Promoter Group Disposal 3600 shares of J.K.Cement Ltd.

❇️Promoter Group Disposal 4456372 shares of Indiabulls Real Estate Ltd.

❇️Sundeep Sikka Director Disposal 341584 shares of Nippon Life India Asset Management Ltd

❇️Mrs. Kambam Spoorthi Revised Promoter Group Disposal 600000 shares of Aurobindo Pharma Ltd. on 14-Jun-21

❇️Neerav Parekh Promoter Group Disposal 100000 shares of Pidilite Industries Ltd. on 18-Aug-21

Pledge
❇️Themisto Trustee Company Private Limited Promoter Group Pledge 30000 shares of Wockhardt Ltd. on 17-Aug-21

*Revoke*
❇️Sundeep Sikka Director Revoke 341584 shares of Nippon Life India Asset Management Ltd on 17-Aug-21

Stocks with High Promoter Pledge as on 30th June

#SmallCaps

👉Jagran Prakashan 100%
👉Panacea Biotech 94%
👉Jindal Stainless Hisar 87%
👉Jindal Stainless 86%
👉Andhra Paper 70%
👉SW Solar 53%
👉Usha Martin 52%
👉Kalpataru Power 46%
👉HFCL 45%
👉SpiceJet 44%
👉Wockhardt 34.5%
👉Deepak Fert 32%
👉Strides Pharma 26%
👉Dilip Buildcon 25.5%
👉Capacite Infra 19.1%
👉Chambal Fert 19.1
👉Brightcom Group 18%
👉IRB Infra 17%
👉India Cement 17%
👉Kesoram Industries 46%
👉Star Paper 47.5%
👉Sadbhav Engineering 71.2%

*Good Morning*
• India to Unveil a Four-Year Asset Sale Road Map on Monday
• India Tells Infosys CEO to Explain Buggy New Tax Portal
• India Rate- Setter Tells RBI to Review Easy Money Stance
• India Approves First DNA-based Covid Shot, Boosting Vaccine Plan
• Canara Bank will decide on Monday the issue price and number of shares to be sold
• Adani Wilmar IPO placed on hold amid Indian probe of Adani Group
o Wilmar says no assurance AWL IPO will proceed; advises caution
• Bank of India to participate in non-deal roadshows
• Microsoft to Invest $5 Million in Indian Startup Oyo
• New Space Race Shoots for Moon and Mars on a Budget: QuickTake
• India’s April-June Farm and Processed Food Exports Surge 44.3%
• Food Inflation Hits Home From India to Nigeria: Supply Lines
• Facebook Offers Loans as Tiny as $6,720 to Businesses in India
• India Reduces Import Taxes on Sunflower and Soybean Oils
• India Stocks Fall for a Second Day in Retreat From Record High
• Global Funds Buy Net INR11B of India Equities Wednesday: NSDL
• Nuvoco Vistas shares to start trading after IPO, gets 1.7 times demand for shares offered
• TPG-Backed Novotech Health H.K. IPO Gets Listing Approval: IFR
• AGS Transact Technologies Files for Up to $107M India IPO
• Emcure Pharmaceuticals Seeks Sebi Approval for India IPO
• Metro Brands Seeks to raise up to INR 2.5b in via new shares in IPO
• Adani Total Gas Ltd (ATGL): To buy 50% stake in Smartmeters for 10m rupees
• Aurobindo Pharma (ARBP): Cancels deal to buy majority stake in Cronus
• India Grid (INDIGRID): Power Grid Corp, India Grid, PKTCL enter in to shareholders pact
• IndoStar Capital (INDOSTAR): To exercise oversubscription option in OFS
• Mangalore Refinery (MRPL): Shuts One Crude Unit, Others for Maintenance
• Marico (MRCO): Florida SBA backs Marico on 4 of 5 proposals at Aug. 30 AGM
• Max Healthcare (MAXHEALT): Max Healthcare founder Kayak Investments sold 2.73m shares Aug. 20
• SpiceJet (SJET): Introduces 14 new local flights
• TTK Prestige (TTKPT): Lock-out at Khardi unit lifted from Friday

Global-Market Updates
-Asian markets showing a positive opening following the US indices but the gains looked fragile
-Brent crude oil trading at $65, fearing weakened fuel demand worldwide
-MSCI Asia-Pacific index ex-Japan sank 4.8% last week
-All eyes on Fed Chair speech at Jackson hole conference this Friday
-Dollar index is at 93.47
-This week US to release revised GDP data for Q2 along with home sales and personal spending data

Mahindra Holidays eyes acquisitions expecting ‘revenge travel’ in India.

Watch the interview with CEO Kavinder Singh: https://t.co/MBYNeBnhmD https://t.co/XyekNgt7uJ

Money Market Update

The rupee ended at 74.39 against the U.S. Dollar on Friday as compared to Wednesday's closing of 74.24.

Trading Tweaks

Ex-Date AGM: InterGlobe Aviation, Sun Pharmaceutical Industries, Eris Lifesciences, Astral, Rupa & Company, Balaji Telefilms, Gallantt Ispat, Gallantt Metal

Ex-Date Final Dividend: Astral, Chambal Fertilisers & Chemicals, Sun Pharmaceutical Industries, Indiamart Intermesh, Balaji Telefilms

Ex-Date Dividend: DLF, Gloster, Rupa & Company

Ex-Date Interim Dividend: Sun Tv Network

Ex-Date Special Dividend: Rupa & Company

Record Date Interim Dividend: Manappuram Finance, GMM Pfaudler, Dolat Investments

Record Date Special Dividend: GOCL Corporation

Record Date Final Dividend: EKI Energy Services

Move Into Short-Term ASM Framework: Fiem Industries

Move Out Of Short-Term ASM Framework: Quick Heal Technologies, BASF India, Repro India

Move Out Of ASM Framework: Nalwa Sons Investments, Oricon Enterprises, Nureca, Gujarat Narmada Valley Fertilizers and Chemicals, PTC India

Who’s Meeting Whom

Allcargo Logistics: To meet Locus Investment Group on August 24.

Mahindra Holidays & Resorts India: To meet JHP Securities on August 23

Insider Trades

Aditya Birla Fashion and Retail: Promoter IGH Holdings bought 1.25 lakh shares between August 13-16.

Aurobindo Pharma: Promoter Kambam Spoorthi sold 6 lakh shares on June 14.

JK Cement: Promoter Ramapati Singhania sold 3,600 shares between August 17-18.

Karda Constructions: Promoters (Prem Karda and Laxman Karda) sold 23 lakh shares between August 17-18.

Max Healthcare Institute : Promoter Kayak Investments Holding Pte sold 27.26 lakh shares on August 20.

Pidilite Industries: Promoter Neerav Parekh sold 1 lakh shares on August 18. Promoter Ishijas Chemicals bought 1 lakh shares on August 18.

Ramkrishna Forgings: Promoter Riddhi Portfolio bought 6,500 shares on August 18.

Stocks To Watch

Cadila Healthcare: Zydus Cadila’s Covid vaccine, ZyCoV-D, has received approval for Emergency Use Authorization from the Drug Controller General of India. The world’s first Plasmid DNA vaccine will be administered to all above 12 years of age. ZyCov-D is a 3-dose vaccine that can be injected with the company's own needle-free system. This vaccine was developed domestically by Zydus Cadila in partnership with India's Department of Biotechnology. The company plans to manufacture 10-12 crore doses of ZyCoV-D annually.

Adani Total Gas: To buy 50% stake in Smartmeters Technologies for Rs 1 crore. The acquisition is expected to be completed by September 2021.

Power Grid Corporation of India, India Grid Trust and Parbati Koldam Transmission Company have executed a new shareholder agreement. PKTCL was a joint venture company of Reliance Infrastructure (74%) and Power Grid (26%). Upon transfer of shares by Reliance Infra to India Grid Trust in PKTCL, the shareholders agreement was terminated.

Aurobindo Pharma: Cancelled the proposed deal to buy 51% stake in Cronus Pharma Specialities. The board of directors in its meeting held on August 20 approved the termination of the aforesaid agreements and the parties mutually agreed and terminated the said agreements.

Indostar Capital Finance: Promoter Indostar Capital to exercise the greenshoe option to the extent of 6.13 lakh equity shares (representing 0.45% of the total equity share capital on a fully diluted basis) in addition to the base offer size of 61.89 lakh equity shares. The OFS opens for retail investors today

TTK Prestige: To commence normal operations at manufacturing unit at Khardi in Maharashtra from August 23. A long-term settlement has been reached with the permanent workmen at the unit, the company said. The lock-out declared by the management on November 17, 2020, has been lifted with effect from August 20. The workmen have undertaken not to indulge in disruptive activities henceforth and have also accepted improved productivity norms, the company said.

Infosys: Bought back shares worth Rs 4.22 crore on Friday.

SRF: Board to meet on August 31 to consider issuance of bonus shares subject to approval by the shareholders of the company.

New Listings: Nuvoco Vistas, Aptus Value Housing Finance

Global-Market Updates
-Asian markets showing a positive opening following the US indices but the gains looked fragile
-Brent crude oil trading at $65, fearing weakened fuel demand worldwide
-MSCI Asia-Pacific index ex-Japan sank 4.8% last week
-All eyes on Fed Chair speech at Jackson hole conference this Friday
-Dollar index is at 93.47
-This week US to release revised GDP data for Q2 along with home sales and personal spending data

World Markets

Dow + 226
Nasdaq + 173
Dax + 42
Nikkei + 349
Hangseng + 302
Sgxnifty + 133 (16553)
Brent Crude 65.44
Dow Fut + 65
Dollar Index 93.45

GM jsk stock in news cadila,ashokabuild,SRF,spicejet,tatacom,ril,haltcs,drl,natco,bfutilitie,steelstrips,arvindfashion,aavas,cartrade, pfizer. Negative stocks auropharma, adanientp,infosys. Nifty range 16400-16600.

*Stocks in News*☘️☘️☘️

*Adani Enterprises:* Sebi held Adani Wilmar IPO due to investigation against Adani Enterprises.

*Arvind Fashions:* The company raised Rs 439 crore from marquee investors including promoters at a price of Rs 218.50 per equity share.

*Aurobindo Pharma:* The company approved the termination of binding agreements with Cronus Pharma Specialities India for acquisition of 51% ownership in Cronus Pharma, for Rs 420 crore.

*Cadila Healthcare:* Zydus Cadila has received the Emergency Use Authorization (EUA) from the Drug Controller General of India (DCGI) for ZyCoV-D, the world's first Plasmid DNA vaccine for Covid-19.

*Adani Total Gas:* The company to acquire 50% stake in Smartmeters Technologies.

*TTK Prestige:* Long-term settlement has been reached with the permanent workmen at manufacturing unit at Khardi, Maharashtra.

Infosys 🔥🔥🔥
Ministry of Finance has summoned Salil Parekh, MD & CEO Infosys on Aug 23 to explain why even after 2.5 months since launch of new e-filing portal, glitches in the portal have not been resolved.

❌In fact, since Aug 21 the portal itself is not available.

Stocks with High Promoter Pledge as on 30th June

Large Caps

Vedanta 100% Promoter Holding Pledged
IndusInd Bank 45.5%
Indus Towers 40.3%
Hindustan Zinc 22.8%
Aurobindo Pharma 20.7%
JSW Steel 22.8%
Adani Ports 14.4%

Pledge Share Details

Wockhardt: Promoter Themisto Trustee Company created a pledge of 30,000 shares on August 17.

💉 Zydus Cadila Aims To Deliver Up To 5 Crore Doses Of ZyCov-D Covid Vaccine By January 2022

The Ahmedabad-based pharmaceuticals firm will start producing one crore doses per month of the ZyCov-D vaccine from October, Managing Director Sharvil Patel said in a press conference. "We hope to supply three to five crore doses by the end of January 2022."

Highlights from Zydus Cadila's press conference

Will work closely with regulators to work on the pricing and modalities of ZyCoV-D doses.

Will have a clear answer on pricing in the next 1-2 weeks.

Expect to start delivering doses to the government by the start of September.

Large part of the capacity will be delivered to the central government, which will then get distributed to the states.

Will also provide the opportunity to the private market to get access to the vaccine.

ZyCoV-D can be stored at 2-8 degree Celsius and has shown stability at 25 degree Celsius for at least three months.

This will allow for easy transportation and storage and reduce cold chain challenges.

Have invested around Rs 500 crore so far; will have to make further investments.

Largely funded the vaccine development through internal resources.

ZyCov-D vaccine, developed domestically by Zydus Cadila in partnership with the Department of Biotechnology, had shown an efficacy of 66.6%, according to the interim results from phase-3 clinical trials.