*🔹Mkt. Updates :*
*SGX Nifty -125 pts (17850) from last trade 17975 ,*
Nikkei -288 pts ,
Hangseng -397 pts ,
Now @7.02am .
*🔹US GOVT. 10-YEAR YIELD : 1.61%*
*SEC. IN F&O BAN FOR 12th ,OCT,2021 :*
*1. BK.BARODA 2. BHEL 3. CAN. BK 4. IBULHSGFIN 5. IRCTC 6. NATIONALUM 7. PNB 8. SAIL 9. SUNTV*
*ADDITION : BANKBARODA, BHEL*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 137 Billion*
*SGX Nifty -125 pts (17850) from last trade 17975 ,*
Nikkei -288 pts ,
Hangseng -397 pts ,
Now @7.02am .
*🔹US GOVT. 10-YEAR YIELD : 1.61%*
*SEC. IN F&O BAN FOR 12th ,OCT,2021 :*
*1. BK.BARODA 2. BHEL 3. CAN. BK 4. IBULHSGFIN 5. IRCTC 6. NATIONALUM 7. PNB 8. SAIL 9. SUNTV*
*ADDITION : BANKBARODA, BHEL*
*DELETION : NIL*
*Today's Alert :*
*RBI to Conduct Auction of SDLS BONDS for INR 137 Billion*
Forwarded from Books - Make India Read
Forwarded from Books - Make India Read
*Tradable Stocks in News*
*Ujjivan Small Bank:* Disbursements at Rs 3122 Crores, Up 114% YoY & Up 138% QoQ (Positive 20.6 Support 20.0 TGT 22.5)
*TFCIL:* Secured Rs 65.18 Cr by way of Preferential Allotment (Positive 75.0 Support 73.0 TGT 80.0)
*Schaeffler India:* Company to consider stock split in board meeting on October 28 (Positive 7201.0 Support 7160.0 TGT 7340.0)
*Hero Motocorp:* Launched another scooter – Pleasure+ XTEC. (Positive 2848.0 Support 2837.0 TGT 2910.0)
*Tata Motors:* Company global wholesale jumped by 24 percent for the quarter-ended September (Positive 410.0 Support 402.0 TGT 424.0)
*HFCL:* Ney profit at Rs 85.94 crore against Rs 53.32 crore in Q2FY21 (Positive 78.0 Support 76.0 TGT 82.0)
*Adani green:* Sale of energy up 61 percent YoY (Positive 1159.0 Support 1144.0 TGT 1184.0)
*Tata Power:* Punjab government to source coal from company’s imported fed Mudra plant (Positive 190.0 Support 188.0 TGT 196.0)
*Ujjivan Small Bank:* Disbursements at Rs 3122 Crores, Up 114% YoY & Up 138% QoQ (Positive 20.6 Support 20.0 TGT 22.5)
*TFCIL:* Secured Rs 65.18 Cr by way of Preferential Allotment (Positive 75.0 Support 73.0 TGT 80.0)
*Schaeffler India:* Company to consider stock split in board meeting on October 28 (Positive 7201.0 Support 7160.0 TGT 7340.0)
*Hero Motocorp:* Launched another scooter – Pleasure+ XTEC. (Positive 2848.0 Support 2837.0 TGT 2910.0)
*Tata Motors:* Company global wholesale jumped by 24 percent for the quarter-ended September (Positive 410.0 Support 402.0 TGT 424.0)
*HFCL:* Ney profit at Rs 85.94 crore against Rs 53.32 crore in Q2FY21 (Positive 78.0 Support 76.0 TGT 82.0)
*Adani green:* Sale of energy up 61 percent YoY (Positive 1159.0 Support 1144.0 TGT 1184.0)
*Tata Power:* Punjab government to source coal from company’s imported fed Mudra plant (Positive 190.0 Support 188.0 TGT 196.0)
*Kunvarji: India Daybook – Stocks in News*
*Tata Motors:* Company global wholesale jumped by 24 percent for the quarter-ended September (Positive)
*Schaeffler India:* Company to consider stock split in board meeting on October 28 (Positive)
*Shilpa Medicare:* To consider issue of Equity Shares or Warrants on Preferential Basis. (Positive)
*Ujjivan Small Bank:* Disbursements at Rs 3122 Crores, Up 114% YoY & Up 138% QoQ (Positive)
*TFCIL:* Secured Rs 65.18 Cr by way of Preferential Allotment (Positive)
*Sangam India:* To Consider and Approve Preferential Issue of Shares / Warrants to investors/ promoters (Positive)
*Hero Motocorp:* Launched another scooter – Pleasure+ XTEC (Positive)
*RML:* To Acquire Steering & Components Division of Yagachi Technologies, part of the Hical Group (Positive)
*VodafoneIdea:* Kumar Mangalam Birla is considering infusing some of his own capital into company according to ET sources (Positive)
*Jainam Ferro Alloys:* Hem Securities acquired 86,000 equity shares and Preeti Garg bought 66,000 equity shares in the company at Rs 71.55 per share (Positive)
*HFCL:* Ney profit at Rs 85.94 crore against Rs 53.32 crore in Q2FY21, revenue rose to Rs 1,122.05 crore from Rs 1,054.32 crore YoY. (Positive)
*PI Industries:* The company has executed joint venture agreement with Polymath for undertaking the business of manufacturing and selling the products for biochemistry processes. (Positive)
*Delta Corp:* Net loss at Rs 22.6 cr vs loss of Rs 54.9 cr (YoY), Revenue at Rs 74.7 cr vs Rs 38.4 cr (YoY) (Neutral)
*Tata Metaliks:* Revenue Up 24% at Rs 644.8 Cr Vs Rs 519.6 Cr, EBITDA Down 9% at Rs 99.7 Cr Vs Rs 109.4 Cr (Neutral)
*Arvind:* Promoter Pledges 25 Lakh Shares (Neutral)
*Arvind Fashions:* Promoter Pledges 13 Lakh Shares (Neutral)
*Krishna Diagnostic:* Revenue Down 55% At Rs 108.3 Cr Vs Rs 240.7 Cr, EBITDA Down 42.1% At Rs 31.9 Cr Vs Rs 55.1 Cr (Negative)
*Inox Wind:* Neomile Corporate Advisory sold 14,91,494 equity shares in the company at Rs 107.62 per share on the NSE (Negative)
*Jaiprakash Power*: Clearwater Capital Partners Singapore Fund IV Private LTD-FCCB sold 7,52,60,786 equity shares (Negative)
*Kewal Kiran Clothing:* Nalanda India Fund sold 7 lakh shares in the company at Rs 1,052.19 per share. (Negative)
*Bharat Dynamics:* Life Insurance Corporation of India sold 37.60 lakh equity shares in the company via open market transactions. (Negative)
*Tata Motors:* Company global wholesale jumped by 24 percent for the quarter-ended September (Positive)
*Schaeffler India:* Company to consider stock split in board meeting on October 28 (Positive)
*Shilpa Medicare:* To consider issue of Equity Shares or Warrants on Preferential Basis. (Positive)
*Ujjivan Small Bank:* Disbursements at Rs 3122 Crores, Up 114% YoY & Up 138% QoQ (Positive)
*TFCIL:* Secured Rs 65.18 Cr by way of Preferential Allotment (Positive)
*Sangam India:* To Consider and Approve Preferential Issue of Shares / Warrants to investors/ promoters (Positive)
*Hero Motocorp:* Launched another scooter – Pleasure+ XTEC (Positive)
*RML:* To Acquire Steering & Components Division of Yagachi Technologies, part of the Hical Group (Positive)
*VodafoneIdea:* Kumar Mangalam Birla is considering infusing some of his own capital into company according to ET sources (Positive)
*Jainam Ferro Alloys:* Hem Securities acquired 86,000 equity shares and Preeti Garg bought 66,000 equity shares in the company at Rs 71.55 per share (Positive)
*HFCL:* Ney profit at Rs 85.94 crore against Rs 53.32 crore in Q2FY21, revenue rose to Rs 1,122.05 crore from Rs 1,054.32 crore YoY. (Positive)
*PI Industries:* The company has executed joint venture agreement with Polymath for undertaking the business of manufacturing and selling the products for biochemistry processes. (Positive)
*Delta Corp:* Net loss at Rs 22.6 cr vs loss of Rs 54.9 cr (YoY), Revenue at Rs 74.7 cr vs Rs 38.4 cr (YoY) (Neutral)
*Tata Metaliks:* Revenue Up 24% at Rs 644.8 Cr Vs Rs 519.6 Cr, EBITDA Down 9% at Rs 99.7 Cr Vs Rs 109.4 Cr (Neutral)
*Arvind:* Promoter Pledges 25 Lakh Shares (Neutral)
*Arvind Fashions:* Promoter Pledges 13 Lakh Shares (Neutral)
*Krishna Diagnostic:* Revenue Down 55% At Rs 108.3 Cr Vs Rs 240.7 Cr, EBITDA Down 42.1% At Rs 31.9 Cr Vs Rs 55.1 Cr (Negative)
*Inox Wind:* Neomile Corporate Advisory sold 14,91,494 equity shares in the company at Rs 107.62 per share on the NSE (Negative)
*Jaiprakash Power*: Clearwater Capital Partners Singapore Fund IV Private LTD-FCCB sold 7,52,60,786 equity shares (Negative)
*Kewal Kiran Clothing:* Nalanda India Fund sold 7 lakh shares in the company at Rs 1,052.19 per share. (Negative)
*Bharat Dynamics:* Life Insurance Corporation of India sold 37.60 lakh equity shares in the company via open market transactions. (Negative)
*Kunvarji: Fund Houses Recommendations*
GS on *Radico:* Maintains Buy on company, target price at Rs 1144/Sh (Positive)
JP Morgan on *NALCO:* Upgrades company to Neutral from Underweight (Positive)
JP Morgan on *Hindalco:* Maintains Overweight on company, upgrades EPS estimates (Positive)
MS finds valuations for banks attractive, prefers *ICICI, HDFC Bank & Axis* in large cap space and prefers *AU Bank & Indusind Bank* in midcap cap space (Positive)
CLSA on *Bharti Airtel:* Maintains Buy on company, target price at Rs 810/Sh (Positive)
CS on *TCS:* Maintains Outperform on company, target price at Rs 4550/Sh (Neutral)
GS on *Radico:* Maintains Buy on company, target price at Rs 1144/Sh (Positive)
JP Morgan on *NALCO:* Upgrades company to Neutral from Underweight (Positive)
JP Morgan on *Hindalco:* Maintains Overweight on company, upgrades EPS estimates (Positive)
MS finds valuations for banks attractive, prefers *ICICI, HDFC Bank & Axis* in large cap space and prefers *AU Bank & Indusind Bank* in midcap cap space (Positive)
CLSA on *Bharti Airtel:* Maintains Buy on company, target price at Rs 810/Sh (Positive)
CS on *TCS:* Maintains Outperform on company, target price at Rs 4550/Sh (Neutral)