Market Wizard
ADDED SUNDARAM CLYATON AT 3366 - 3450
SUNDARAM CLYATON 3664❤️❤️
No relief for #Airtel and #vodafoneidea in POIs penalty case.
TDSAT refused to stay penalty.
TDSAT to hear now petition on 26th October.
DoT will not take any coercive action till next date of hearing.
TDSAT refused to stay penalty.
TDSAT to hear now petition on 26th October.
DoT will not take any coercive action till next date of hearing.
power: Revival feeding demand to spark re-rating of power companies - The Economic Times - https://m.economictimes.com/markets/stocks/news/revival-feeding-demand-to-spark-re-rating-of-power-companies/articleshow/86954723.cms?utm_source=whatsapp_pwa&utm_medium=social&utm_campaign=socialsharebuttons
The Economic Times
Revival feeding demand to spark re-rating of power companies
There is a visible spike in the power sector – but we arent talking utility bills here. A decade-long supply overhang seems to be now history as factories hum back to life across India, potentially causing a re-rating for inexpensively valued electricity…
Tata Power signs PPA with Punjab Govt for Mundra Power Plant. To supply power at Rs 5.5/unit( vs est Rs 3/unit)
This is a Game Changer news since Mundra Power plant is a loss making unit
Gujarat and Maharastra also to follow suit on PPAs
Source: https://t.co/TVb6lqNsBO
This is a Game Changer news since Mundra Power plant is a loss making unit
Gujarat and Maharastra also to follow suit on PPAs
Source: https://t.co/TVb6lqNsBO
The Economic Times
Punjab to source power from Tata's imported Coal-fed Mundra plant
The state government's move could reduce pressure on domestic coal and help bring down prices on power exchanges, as urgent buying by stretched states had pushed up spot electricity prices.
Lancer Container Lines Ltd
Bonus issue 2:1
Ex-date : 13 Oct 2021
SRF LTD
Bonus issue 4:1
Ex-date : 13 Oct 2021
Dhanvarsha Finvest Ltd
Stock Split From Rs.10/- to Rs.2/-
Ex-date : 13 Oct 2021
JTL INFRA LTD
Stock Split From Rs.10/- to Rs.2/-
Ex-date : 13 Oct 2021
Zeal Aqua Ltd
Stock Split From Rs.10/- to Rs.1/-
Ex-date : 14 Oct 2021
Authum Investment & Infrastructure Ltd
Stock Split From Rs.10/- to Rs.1/-
Ex-date : 20 Oct 2021
TEXMACO RAIL & ENGINEERING LTD
Right Issue of Equity Shares
Ex-date : 21 Oct 2021
Vishwaraj Sugar Industries Ltd
Stock Split From Rs.10/- to Rs.2/-
Ex-date : 21 Oct 2021
RAGHUVIR SYNTHETICS LTD
Stock Split From Rs.10/- to Rs.1/-
Ex-date : 28 Oct 2021
Indian Railway Catering and Tourism Corporation Ltd
Stock Split From Rs.10/- to Rs.2/-
Ex-date : 28 Oct 2021
Bonus issue 2:1
Ex-date : 13 Oct 2021
SRF LTD
Bonus issue 4:1
Ex-date : 13 Oct 2021
Dhanvarsha Finvest Ltd
Stock Split From Rs.10/- to Rs.2/-
Ex-date : 13 Oct 2021
JTL INFRA LTD
Stock Split From Rs.10/- to Rs.2/-
Ex-date : 13 Oct 2021
Zeal Aqua Ltd
Stock Split From Rs.10/- to Rs.1/-
Ex-date : 14 Oct 2021
Authum Investment & Infrastructure Ltd
Stock Split From Rs.10/- to Rs.1/-
Ex-date : 20 Oct 2021
TEXMACO RAIL & ENGINEERING LTD
Right Issue of Equity Shares
Ex-date : 21 Oct 2021
Vishwaraj Sugar Industries Ltd
Stock Split From Rs.10/- to Rs.2/-
Ex-date : 21 Oct 2021
RAGHUVIR SYNTHETICS LTD
Stock Split From Rs.10/- to Rs.1/-
Ex-date : 28 Oct 2021
Indian Railway Catering and Tourism Corporation Ltd
Stock Split From Rs.10/- to Rs.2/-
Ex-date : 28 Oct 2021
BLS INTERNATIONAL: CO GETS AUTHORIZED BY THE EMBASSY OF BRAZIL FOR VISA PROCESSING IN INDIA.
BLS INTERNATIONAL: CO GETS AUTHORIZED BY THE EMBASSY OF BRAZIL FOR VISA PROCESSING IN IN
FUTURE, AMAZON SET TO MULL TRUCE, MAY GO FOR OUT-OF-COURT SETTLEMENT - ECONOMIC TIMES
AUROBINDO PHARMA: CO CLARIFIES ON NEWS ITEM "AUROBINDO, MSN TO HALT PHASE 3 TRIAL IN MODERATE COVID PATIENTS"; CO SAYS DATA HAS BEEN SUBMITTED TO THE DCGI ALREADY
Brokrage Reports
GS on Radico Khaitan
Buy, TP Rs 1144
CLSA On Bharti Airtel
Maintain Buy, TP Rs 810
CITI on NMDC
Upgrade to Buy, TP Rs 190
Clsa on tata Steel maintain buy with Tgt price of 1950
JPM on vedl maintain buy with Tgt price of 400
Ms on Tata motors maintain buy with Tgt price of 448
Clsa on coal india Maintain buy with Tgt price of 210
Clsa on Hindalco maintain buy with Tgt price of 570
Ms on tcs maintain buy with Tgt price of 4200
CS on tcs maintain OP with Tgt price of 4550
Citi on NMDC maintain buy with Tgt price of 190
GS on Radico Khaitan
Buy, TP Rs 1144
CLSA On Bharti Airtel
Maintain Buy, TP Rs 810
CITI on NMDC
Upgrade to Buy, TP Rs 190
Clsa on tata Steel maintain buy with Tgt price of 1950
JPM on vedl maintain buy with Tgt price of 400
Ms on Tata motors maintain buy with Tgt price of 448
Clsa on coal india Maintain buy with Tgt price of 210
Clsa on Hindalco maintain buy with Tgt price of 570
Ms on tcs maintain buy with Tgt price of 4200
CS on tcs maintain OP with Tgt price of 4550
Citi on NMDC maintain buy with Tgt price of 190
*Ujjivan SFB Bank Q2FY22 Business Update - Neutral*
• Total loans came at Rs. 14508 Cr (+3.4% QoQ; +4% YoY)
• Disbursements came at Rs. 3122 Cr vs QoQ Rs. 1311 Cr & in Q4FY21 Rs. 4274 Cr
• Deposits increased +3% QoQ; +31% YoY
• CASA ratio improved to 22.5% vs QoQ 20.3% & YoY 16.5%
_Asset quality details are more important for this bank and so above details don’t have significant relevance_
• Total loans came at Rs. 14508 Cr (+3.4% QoQ; +4% YoY)
• Disbursements came at Rs. 3122 Cr vs QoQ Rs. 1311 Cr & in Q4FY21 Rs. 4274 Cr
• Deposits increased +3% QoQ; +31% YoY
• CASA ratio improved to 22.5% vs QoQ 20.3% & YoY 16.5%
_Asset quality details are more important for this bank and so above details don’t have significant relevance_