*🌄 समाचार सुप्रभात🗞*
*17 अक्टूबर, 2021 रविवार*
➖➖➖➖➖
*♨️Top Headlines*
*◼️Home Minister says, NSG is a world-class trained force to tackle all facets of terrorism; inaugurates various developmental projects in Andaman & Nicobar Islands*
*◼️One lakh employees recruited in last six months by top four Indian IT companies*
*◼️Anthem on India's Covid-19 vaccination drive launched*
*◼️Over 97.62 cr Covid vaccine doses administered in India so far*
*◼️US to ease travel curbs for fully vaccinated foreigners from November 8*
*🇮🇳NATIONAL*
*◼️Petroleum Minister Hardeep Singh Puri delivers 3rd Dr A P J Abdul Kalam memorial lecture*
*◼️NITI Aayog CEO visits tourist destination of Pahalgam, chairs meeting of tourism officers*
*◼️Prasar Bharati phases out outdated Analog DD Terrestrial broadcast*
*◼️National Security Guard celebrated their 37th Raising Day*
*◼️PM Modi to share his thoughts in ‘Mann Ki Baat’ programme on October 24*
*🌎INTERNATIONAL*
*◼️EAM Dr S Jaishankar to embark on 5-day visit to Israel today*
*◼️Nasa launches Lucy spacecraft, first space mission to study Trojans Asteroids*
*◼️IMF commends India’s swift & substantial response to Covid-19 pandemic*
*◼For getting latest and Educational update join "Haryana Educational update" Facebook page*
*◼️Army Chief General Naravane visits Headquarters of Sri Lankan Navy*
*◼️MoS V Muraleedharan will be on 5 day visit to Sudan, South Sudan from Oct 18*
*♨️मुख्य समाचार*
*◼️गृह मंत्री अमित शाह ने कहा- राष्ट्रीय सुरक्षा गार्ड आतंकवाद का मुकाबला करने के लिए विश्वस्तरीय प्रशिक्षित बल*
*◼️गृह मंत्री ने अंडमान-निकोबार द्वीप समूह में कई विकास परियोजनाओं का उदघाटन किया*
*◼️शीर्ष चार भारतीय आईटी कंपनियों ने पिछले छह महीनों में एक लाख कर्मचारियों की भर्ती की*
*◼️कोविड टीकाकरण पर एक गीत जारी किया गया*
*◼️केरल में बारिश से संबंधित घटनाओं में आठ लोग मारे गए, राहत और बचाव कार्य जोरों पर*
*🇮🇳राष्ट्रीय*
*◼️प्रधानमंत्री 24 अक्टूबर को आकाशवाणी से मन की बात कार्यक्रम में अपने विचार साझा करेंगे*
*◼️एस.सी.ओ. के सदस्य देशों को समान, समावेशी और विकास-केन्द्रित एजेंडे को आगे ले जाना चाहिए- अनुप्रिया पटेल*
*◼️केन्द्र ने राज्यों और केन्द्र शासित प्रदेशों को अब तक एक अरब एक करोड से अधिक कोविड रोधी टीके निशुल्क उपलब्ध कराए*
*◼️राष्ट्रीय सुरक्षा गार्ड किसी भी आतंकी गतिविधि को बेअसर करने और शांति स्थापित करने में सक्षम- नित्यानंद राय*
*◼️आयकर विभाग का एक आयातक और व्यापारी के दिल्ली, हरियाणा और पश्चिम बंगाल में ठिकानों पर तलाशी अभियान*
*🌎अंतरराष्ट्रीय*
*◼️पेंटागन की अमरीकी ड्रोन हमले में मारे गए परिवार को अनिर्दिष्ट मुआवजे की पेशकश*
*◼️बंगलादेश की प्रधानमंत्री ने मंदिरों में तोड़फोड़ करने वालों को सख्त सजा देने की बात कही*
*🇦🇶राज्य समाचार*
*◼️श्रीलंकाई नौसेना toद्वारा पकड़े गए 23 मछुआरों को रिहा करने के लिए तत्काल कदम उठाने की अपील*
*◼️दिल्ली में कल 26 लोगों में कोरोना की पुष्टि, 36 लोग संक्रमण मुक्त*
*◼️रायपुर रेलवे स्टेशन के प्लेटफॉर्म पर विस्फोट, केंद्रीय रिजर्व पुलिस बल के 6 जवान घायल*
*◼️सरकार जम्मू- कश्मीर को विद्युत आधिक्य प्रदेश बनाने और चौबीसों घंटे बिजली उपलब्ध कराने के लिए प्रतिबद्ध- आरके सिंह*
_🚫चेतावनी: इस न्यूज़ बुलेटिन में दिए गए आंकड़े व समाचार भारत सरकार की न्यूज एजेंसी से लिए गए हैं अपने स्तर पर उनमें किसी तरह का बदलाव ना करें इसके लिए आप स्वयं जिम्मेवार होंगे_
*17 अक्टूबर, 2021 रविवार*
➖➖➖➖➖
*♨️Top Headlines*
*◼️Home Minister says, NSG is a world-class trained force to tackle all facets of terrorism; inaugurates various developmental projects in Andaman & Nicobar Islands*
*◼️One lakh employees recruited in last six months by top four Indian IT companies*
*◼️Anthem on India's Covid-19 vaccination drive launched*
*◼️Over 97.62 cr Covid vaccine doses administered in India so far*
*◼️US to ease travel curbs for fully vaccinated foreigners from November 8*
*🇮🇳NATIONAL*
*◼️Petroleum Minister Hardeep Singh Puri delivers 3rd Dr A P J Abdul Kalam memorial lecture*
*◼️NITI Aayog CEO visits tourist destination of Pahalgam, chairs meeting of tourism officers*
*◼️Prasar Bharati phases out outdated Analog DD Terrestrial broadcast*
*◼️National Security Guard celebrated their 37th Raising Day*
*◼️PM Modi to share his thoughts in ‘Mann Ki Baat’ programme on October 24*
*🌎INTERNATIONAL*
*◼️EAM Dr S Jaishankar to embark on 5-day visit to Israel today*
*◼️Nasa launches Lucy spacecraft, first space mission to study Trojans Asteroids*
*◼️IMF commends India’s swift & substantial response to Covid-19 pandemic*
*◼For getting latest and Educational update join "Haryana Educational update" Facebook page*
*◼️Army Chief General Naravane visits Headquarters of Sri Lankan Navy*
*◼️MoS V Muraleedharan will be on 5 day visit to Sudan, South Sudan from Oct 18*
*♨️मुख्य समाचार*
*◼️गृह मंत्री अमित शाह ने कहा- राष्ट्रीय सुरक्षा गार्ड आतंकवाद का मुकाबला करने के लिए विश्वस्तरीय प्रशिक्षित बल*
*◼️गृह मंत्री ने अंडमान-निकोबार द्वीप समूह में कई विकास परियोजनाओं का उदघाटन किया*
*◼️शीर्ष चार भारतीय आईटी कंपनियों ने पिछले छह महीनों में एक लाख कर्मचारियों की भर्ती की*
*◼️कोविड टीकाकरण पर एक गीत जारी किया गया*
*◼️केरल में बारिश से संबंधित घटनाओं में आठ लोग मारे गए, राहत और बचाव कार्य जोरों पर*
*🇮🇳राष्ट्रीय*
*◼️प्रधानमंत्री 24 अक्टूबर को आकाशवाणी से मन की बात कार्यक्रम में अपने विचार साझा करेंगे*
*◼️एस.सी.ओ. के सदस्य देशों को समान, समावेशी और विकास-केन्द्रित एजेंडे को आगे ले जाना चाहिए- अनुप्रिया पटेल*
*◼️केन्द्र ने राज्यों और केन्द्र शासित प्रदेशों को अब तक एक अरब एक करोड से अधिक कोविड रोधी टीके निशुल्क उपलब्ध कराए*
*◼️राष्ट्रीय सुरक्षा गार्ड किसी भी आतंकी गतिविधि को बेअसर करने और शांति स्थापित करने में सक्षम- नित्यानंद राय*
*◼️आयकर विभाग का एक आयातक और व्यापारी के दिल्ली, हरियाणा और पश्चिम बंगाल में ठिकानों पर तलाशी अभियान*
*🌎अंतरराष्ट्रीय*
*◼️पेंटागन की अमरीकी ड्रोन हमले में मारे गए परिवार को अनिर्दिष्ट मुआवजे की पेशकश*
*◼️बंगलादेश की प्रधानमंत्री ने मंदिरों में तोड़फोड़ करने वालों को सख्त सजा देने की बात कही*
*🇦🇶राज्य समाचार*
*◼️श्रीलंकाई नौसेना toद्वारा पकड़े गए 23 मछुआरों को रिहा करने के लिए तत्काल कदम उठाने की अपील*
*◼️दिल्ली में कल 26 लोगों में कोरोना की पुष्टि, 36 लोग संक्रमण मुक्त*
*◼️रायपुर रेलवे स्टेशन के प्लेटफॉर्म पर विस्फोट, केंद्रीय रिजर्व पुलिस बल के 6 जवान घायल*
*◼️सरकार जम्मू- कश्मीर को विद्युत आधिक्य प्रदेश बनाने और चौबीसों घंटे बिजली उपलब्ध कराने के लिए प्रतिबद्ध- आरके सिंह*
_🚫चेतावनी: इस न्यूज़ बुलेटिन में दिए गए आंकड़े व समाचार भारत सरकार की न्यूज एजेंसी से लिए गए हैं अपने स्तर पर उनमें किसी तरह का बदलाव ना करें इसके लिए आप स्वयं जिम्मेवार होंगे_
MONEY TIMES TALK
OCTOBER 17, 2021
Wipro's Q2 profits rose 17.9% (YoY) to Rs. 2930 cr. on a strong demand outlook across sectors and business lines. For the first time its annualized revenue crossed $ 10 bn. The share is a good long term hold.
Ujjivan Small Bank's IPO was oversubscribed 165 times in 2019 and listed at 40% premium is now 44% below the IPO price. The promoters have a strong background and the pandemic is likely to blow away soon. Risk bearing investors may add.
In a recent investor presentation, HFCL has stated that it has orders on hand worth Rs. 5822 cr. The Q2 results were also exciting. HFCL must be acquired for big gains.
A veteran marketman recommends to buy Accelya Solutions, Basant Agro Tech, Birla Cable, BF Utilities, Den Networks, G R Infraprojects, Hindustan Copper, MK Exim India, Nath Industries, Pressman Advertising, Rubfila International and Rana Sugars.
TPG Books along with ADQ of Abu Dhabhi will invest upto Rs. 7500 cr. in the EV business of Tata Motors. This is a good investment opportunity for retail investors but with caution as the share has run up beyond its near time
Oil is on fire. ONGC can be a big beneficiary as it has a dominant position both in crude and natural gas business. Add.
OIL India is another beneficiary of the rising crude oil prices. Some analysts forecast its share price touching Rs. 300 in the next two years. Long term investors may enter.
Prominent global investors like Ares SSG, Varde Partners, Cerberus Capital, and Oaktree to form an ARC for YES Bank NPAs. This could be positive for Yes Bank. Add for the long term.
Power Finance Corp. has received the coveted Maharatna tag, which gives greater operational and financial autonomy to this PSU. An excellent long-term investment. Buy.
TCS has set its sights on $300 bn B2B E-commerce and expects to get all its staff back to office on the back of rising business prospects. This evergreen share deserves a permanent place in a model portfolio.
NMDC has been staggering due to weak demand. But with China shutting down many companies due to pollution hazards this winter, it may start rising again. Add.
Nazara Technologies is scouting for buys in USA and Europe and expand business in the gaming and sports segments. The share may be added in small quantities.
China has cut down on its mobile shipments due to the power shortage. Good opportunity for Dixon Technologies to catch up on sales. Add.
The automobile sector is on the rampage again. Demand for tyres is bound to increase. Buy Apollo Tyres.
Life Insurers expect higher premia going forward. HDFC Life, SBI Life and ICICI Prudential look good to add.
Aditya Birla AMC got listed at the offer price. Its muted debut is a good opportunity to buy. Around Rs. 112 or below, it's a good opportunity to gain over 50% in three months. Add.
Century Textiles reported strong Q2 revenue of Rs. 998 cr. with NP at Rs. 44.71 cr. v/s a loss of Rs. 14.3 cr. YoY. A good share to add.
Ramkrishna Forgings presented fantastic Q2 results. Grab this share before it is too late.
Gold Loan companies are having a good time on the back of heavy pre festive demand. Add Muthoot Finance.
Aluminum prices have touched a multiyear high on the back of supply curbs arising out of power shortage. Nalco is a lucrative buy even at these prices. Bigg Bull, Rakesh Jhunjhunwala, has also picked up a big chunk. Buy.
ITC's prospects seem to be improving on news of a tie-up with Amazon. The company is also on an expansion spree. This one time darling of investors has so far underperformed and can be added with a horizon of three years.
Lincoln Pharmaceuticals has received approval from Australia's medicines and medical devices regulator, Therapeutic Goods Administration. It to notch an EPS of about Rs.38
Shiva Mills, a demerged entity of Shiva Texyarn from the Bannari Amman group, has notched Q1 EPS of Rs 4.5, which may lead to FY22 EPS of Rs.18+ against FY21 EPS of Rs 9.8. The share can appreciate by 50% from the current level. Add.
OCTOBER 17, 2021
Wipro's Q2 profits rose 17.9% (YoY) to Rs. 2930 cr. on a strong demand outlook across sectors and business lines. For the first time its annualized revenue crossed $ 10 bn. The share is a good long term hold.
Ujjivan Small Bank's IPO was oversubscribed 165 times in 2019 and listed at 40% premium is now 44% below the IPO price. The promoters have a strong background and the pandemic is likely to blow away soon. Risk bearing investors may add.
In a recent investor presentation, HFCL has stated that it has orders on hand worth Rs. 5822 cr. The Q2 results were also exciting. HFCL must be acquired for big gains.
A veteran marketman recommends to buy Accelya Solutions, Basant Agro Tech, Birla Cable, BF Utilities, Den Networks, G R Infraprojects, Hindustan Copper, MK Exim India, Nath Industries, Pressman Advertising, Rubfila International and Rana Sugars.
TPG Books along with ADQ of Abu Dhabhi will invest upto Rs. 7500 cr. in the EV business of Tata Motors. This is a good investment opportunity for retail investors but with caution as the share has run up beyond its near time
Oil is on fire. ONGC can be a big beneficiary as it has a dominant position both in crude and natural gas business. Add.
OIL India is another beneficiary of the rising crude oil prices. Some analysts forecast its share price touching Rs. 300 in the next two years. Long term investors may enter.
Prominent global investors like Ares SSG, Varde Partners, Cerberus Capital, and Oaktree to form an ARC for YES Bank NPAs. This could be positive for Yes Bank. Add for the long term.
Power Finance Corp. has received the coveted Maharatna tag, which gives greater operational and financial autonomy to this PSU. An excellent long-term investment. Buy.
TCS has set its sights on $300 bn B2B E-commerce and expects to get all its staff back to office on the back of rising business prospects. This evergreen share deserves a permanent place in a model portfolio.
NMDC has been staggering due to weak demand. But with China shutting down many companies due to pollution hazards this winter, it may start rising again. Add.
Nazara Technologies is scouting for buys in USA and Europe and expand business in the gaming and sports segments. The share may be added in small quantities.
China has cut down on its mobile shipments due to the power shortage. Good opportunity for Dixon Technologies to catch up on sales. Add.
The automobile sector is on the rampage again. Demand for tyres is bound to increase. Buy Apollo Tyres.
Life Insurers expect higher premia going forward. HDFC Life, SBI Life and ICICI Prudential look good to add.
Aditya Birla AMC got listed at the offer price. Its muted debut is a good opportunity to buy. Around Rs. 112 or below, it's a good opportunity to gain over 50% in three months. Add.
Century Textiles reported strong Q2 revenue of Rs. 998 cr. with NP at Rs. 44.71 cr. v/s a loss of Rs. 14.3 cr. YoY. A good share to add.
Ramkrishna Forgings presented fantastic Q2 results. Grab this share before it is too late.
Gold Loan companies are having a good time on the back of heavy pre festive demand. Add Muthoot Finance.
Aluminum prices have touched a multiyear high on the back of supply curbs arising out of power shortage. Nalco is a lucrative buy even at these prices. Bigg Bull, Rakesh Jhunjhunwala, has also picked up a big chunk. Buy.
ITC's prospects seem to be improving on news of a tie-up with Amazon. The company is also on an expansion spree. This one time darling of investors has so far underperformed and can be added with a horizon of three years.
Lincoln Pharmaceuticals has received approval from Australia's medicines and medical devices regulator, Therapeutic Goods Administration. It to notch an EPS of about Rs.38
Shiva Mills, a demerged entity of Shiva Texyarn from the Bannari Amman group, has notched Q1 EPS of Rs 4.5, which may lead to FY22 EPS of Rs.18+ against FY21 EPS of Rs 9.8. The share can appreciate by 50% from the current level. Add.
Maharashtra Seamless from Jindal Group has successfully bagged Rs. 237 cr. order from ONGC for the supply of Seamless Casing pipes. Buy at declines.
Ajanta Soya produces cooking oils & vanaspati with application products for bakery items has posted 1142% higher Q1 EPS of Rs 5.4, which could lead to FY22EPS of Rs 24 against FY21EPS of Rs 15.6. A P/E of 8.5x will take its share price to Rs 204. Buy.
Shreyans Industries is yet to participate in the paper stocks rally. With 94,000 TPA capacity of writing & printing paper and 12MW of captive power plant, it notched 35% higher Q1 EPS of Rs 6.6, which could take FY22 EPS to Rs 20+ against FY21EPS of Rs 6.4. The share can touch the Rs 160 mark.
Alphageo (India) a seismic survey service provider engaged in processing and interpretation services for oil exploration has notched Q1 EPS of Rs 23 v/s Rs 22.5 (YoY) on its small equity of Rs 6.4 cr. This could lead to FY22 EPS of Rs 50+. The share could cross the Rs 600 mark. Accumulate.
Karnataka Bank counter has evinced heavy investment buying. With a likely EPS of Rs 15 in FY22, the share is poised to touch the Rs 100 mark. 2:04 am
Uflex Ltd, the market leader in flexible packaging and undergoing various expansions has notched 34% higher EPS of Rs 36.6 against EPS of Rs 117 in FY21. With a likely EPS of Rs 145 in FY22, the share could fetch over 50% gain in the medium term, Buy.
KIC Metaliks with a 3,36,000 TPA Annular Sinter to convert iron ore fines and coke fines into coarse-grained iron ore sinter has notched Q1 EPS of Rs 3 against minus Rs 1.2 YoY and may post FY22 EPS of Rs 10 against Rs 3 in FY21. Buy for 50% gain.
Technocraft Industries into drum closures, scaffolding, formwork, yarn & fabrics and design & engineering and having has notched 145% higher Q1 EPS of Rs 28.6, which may lead to FY22 EPS of Rs 95+ against FY21 EPS of Rs 53.2. Heavy investment buying could take its share price to Rs 1188 at a P\E of 12.5x. Buy.
NMDC has notched 500% higher Q1 EPS of Rs 10.9, which could lead to FY22 EPS of Rs 45. The recent price hikeof iron is positive. The share could touch Rs 215 in the medium term. Buy.
Shree Ajit Pulp & Paper Mills with 1.08 lakh production capacity of recycled Kraft Paper has posted 1269 % higher Q1 EPS of Rs 17.8, which could take FY22 EPS to Rs 65 against FY21 EPS of Rs 46. A reasonable P/E of 10x could take its share price to Rs 600. Buy.
Coral Labs has low equity of Rs 3.6 cr., book value of Rs 383 and over 2 decades in pharmaceutical formulations. It notched 10% higher Q1EPS of Rs16.2, which could take FY22 EPS to Rs 50 against FY21 EPS of Rs 38. A reasonable P/E of 14.5x can take its share price to Rs 725 in the medium term. Accumulate.
With crude oil at $84 and forecast to hit $120, buy Hindustan Oil as it aims to strike gold by ramping production from 2300 to 7000 barrels per day. Also look at Alphageo, which is into seismic activities for all oil majors. It can be a good buy at the current level.
Investors in SW Solar's IPO at Rs.700 felt cheated as Reliance bought 40% stake @ Rs.380. But now that : is in stronger hands, the stock price could see the 4 digit mark in coming months. Buy at every decline.
After chemicals, textiles will be in the limelight on the bourses. As export of textiles from India rises, one can look at Reliance owned Alok Industries. The stock has been trading between Rs.20 26. A breakout above Rs.27 can take the stock to Rs.50 mark.
With Tata Motors and M&M on a roll, one can look at Sandhar Technologies which is the largest supplier of sheet metal components to leading passenger vehicle OEMs. Kotak, DSP, ICICI MFS hold a large chunk of it along with noted investor, Akash Bhansali. The stock trades at Rs.300 and can be bought for 50% appreciation.
Onmobile Global has appointed Lowe Lintas as the creative partner for their mobile gaming platform ONMO, The scope entails marketing and advertising campaigns for the brand. Another good news missed by marketmen last week was Indian TikTok Competitor Chingari raised $19 million to develop social tokens.
Ajanta Soya produces cooking oils & vanaspati with application products for bakery items has posted 1142% higher Q1 EPS of Rs 5.4, which could lead to FY22EPS of Rs 24 against FY21EPS of Rs 15.6. A P/E of 8.5x will take its share price to Rs 204. Buy.
Shreyans Industries is yet to participate in the paper stocks rally. With 94,000 TPA capacity of writing & printing paper and 12MW of captive power plant, it notched 35% higher Q1 EPS of Rs 6.6, which could take FY22 EPS to Rs 20+ against FY21EPS of Rs 6.4. The share can touch the Rs 160 mark.
Alphageo (India) a seismic survey service provider engaged in processing and interpretation services for oil exploration has notched Q1 EPS of Rs 23 v/s Rs 22.5 (YoY) on its small equity of Rs 6.4 cr. This could lead to FY22 EPS of Rs 50+. The share could cross the Rs 600 mark. Accumulate.
Karnataka Bank counter has evinced heavy investment buying. With a likely EPS of Rs 15 in FY22, the share is poised to touch the Rs 100 mark. 2:04 am
Uflex Ltd, the market leader in flexible packaging and undergoing various expansions has notched 34% higher EPS of Rs 36.6 against EPS of Rs 117 in FY21. With a likely EPS of Rs 145 in FY22, the share could fetch over 50% gain in the medium term, Buy.
KIC Metaliks with a 3,36,000 TPA Annular Sinter to convert iron ore fines and coke fines into coarse-grained iron ore sinter has notched Q1 EPS of Rs 3 against minus Rs 1.2 YoY and may post FY22 EPS of Rs 10 against Rs 3 in FY21. Buy for 50% gain.
Technocraft Industries into drum closures, scaffolding, formwork, yarn & fabrics and design & engineering and having has notched 145% higher Q1 EPS of Rs 28.6, which may lead to FY22 EPS of Rs 95+ against FY21 EPS of Rs 53.2. Heavy investment buying could take its share price to Rs 1188 at a P\E of 12.5x. Buy.
NMDC has notched 500% higher Q1 EPS of Rs 10.9, which could lead to FY22 EPS of Rs 45. The recent price hikeof iron is positive. The share could touch Rs 215 in the medium term. Buy.
Shree Ajit Pulp & Paper Mills with 1.08 lakh production capacity of recycled Kraft Paper has posted 1269 % higher Q1 EPS of Rs 17.8, which could take FY22 EPS to Rs 65 against FY21 EPS of Rs 46. A reasonable P/E of 10x could take its share price to Rs 600. Buy.
Coral Labs has low equity of Rs 3.6 cr., book value of Rs 383 and over 2 decades in pharmaceutical formulations. It notched 10% higher Q1EPS of Rs16.2, which could take FY22 EPS to Rs 50 against FY21 EPS of Rs 38. A reasonable P/E of 14.5x can take its share price to Rs 725 in the medium term. Accumulate.
With crude oil at $84 and forecast to hit $120, buy Hindustan Oil as it aims to strike gold by ramping production from 2300 to 7000 barrels per day. Also look at Alphageo, which is into seismic activities for all oil majors. It can be a good buy at the current level.
Investors in SW Solar's IPO at Rs.700 felt cheated as Reliance bought 40% stake @ Rs.380. But now that : is in stronger hands, the stock price could see the 4 digit mark in coming months. Buy at every decline.
After chemicals, textiles will be in the limelight on the bourses. As export of textiles from India rises, one can look at Reliance owned Alok Industries. The stock has been trading between Rs.20 26. A breakout above Rs.27 can take the stock to Rs.50 mark.
With Tata Motors and M&M on a roll, one can look at Sandhar Technologies which is the largest supplier of sheet metal components to leading passenger vehicle OEMs. Kotak, DSP, ICICI MFS hold a large chunk of it along with noted investor, Akash Bhansali. The stock trades at Rs.300 and can be bought for 50% appreciation.
Onmobile Global has appointed Lowe Lintas as the creative partner for their mobile gaming platform ONMO, The scope entails marketing and advertising campaigns for the brand. Another good news missed by marketmen last week was Indian TikTok Competitor Chingari raised $19 million to develop social tokens.
Onmobile holds a 10% stake in Chingari. Buy for multi-bagger gains.
Global gaint, HB Fuller, has selected Jubilant Industries to market its adhesives in India along with Jubilant's JeevanJod, which see a good traction according to industry sources. The stock has already corrected 20% from its high and provides a good entry opportunity around Rs.515.
Last week, S. Chand refinanced its working capital and term loan from Kotak, DBS and State Bank. The co. is taking all the right steps and walking the talk. This recast is likely to save a couple of millions annually. Buy on every decline.
RBI has approved the appointment of Pradeep Kumar Panja as Chairman of Karnataka Bank. It is a good for the bank and its investors in view of his experience as MD of State Bank of Travancore and later as Managing Director (Corporate Banking) at State Bank of India. Share is set to cross the century mark.
Global tea prices are hardening and expected to rise for the next one year. Dhunseri Tea & Industries Ltd. is expected to retrieve its lost ground and makes a good buy at the current levels.
Strong re-rating of stocks of Bank of America and JP Morgan Chase in the US markets last week should influence similar re-rating of our leading PSBs like Canara Bank, Punjab National Bank and Bank of Baroda.
Global tea prices are hardening and expected to rise for the next one year. Dhunseri Tea & Industries Ltd. is expected to retrieve its lost ground and makes a good buy at the current levels.
Strong re-rating of stocks of Bank of America and JP Morgan Chase in the US markets last week should influence similar re-rating of our leading PSBs like Canara Bank, Punjab National Bank and Bank of Baroda.
Earlier troubled and feared Reliance Power stock may give surprising returns in view of the improved prospects of Power companies and its much higher book value of Rs 40.63.
Delta Corp Ltd. is the largest gaming company and the only company in casino gaming with 2000+ live gaming positions and 55% market share in the organized casino market. It is a debt free company. Being the only listed casino, this counter can touch Rs 450.
Adani Ports is the largest commercial port operator handling 12 ports and accounts for nearly one-fourth of the cargo movement in the country. It operates 12 ports and terminals. The company has ROCE of 14.1% and ROE of 17.7%. It's PAT has grown at 12% CAGR over last 5 years. Being a market leader, analysts expect this counter to reach Rs.950.
Paper industry is doing well as evident by co. results. Orient Paper has not appreciated much. The scrip is virtually free considering the value of its holdings in Hyderabad Industries, Century Textiles and Ultratech Cement.
Swaraj Engines makes engines for tractors. It faces no marketing or payment issues as it supplies mainly to its parent Mahindra & Mahindra. Stock is undervalued,
FIEM Industries has been selected as the sole mirror supplier to Ola Electric. More fireworks in the offing.
Medinova Diagnostics, subsidiary of Vijaya Diagnostics trades at 15 P/E to FY22E earnings v/s industry avg.of 60 P/E and market cap of just 3 times to Sales v/s industry avg. of 14 times to sales. Buy for 50% returns with in 1 year.
Kanco Tea Industries from the BD Kanoria group produces premium black tea from its Assam gardens. It is trading at attractive valuations of 3 P/E to its FY22E earnings. Its Q2 results are likely to be very good. Buy for 50% returns in 1 year.
Palred Technologies, world's largest Logistics & Transportation Software Product Company, also provides IT solutions to E-Commerce, Media & Entertainment. As mid-cap IT segment shows great performance, it is sure to benefit with the rise of these sectors. A good long term investment idea.
Maheshwari Logistics is into logistics services, procurement of Coal, Pet Coke, Lignite & Waste Paper. It also manufactures Kraft Paper. The coal shortage will surely have a positive impact as it is involved in the trading of Coal & Lignite, which is in great demand by the energy sector.
Global gaint, HB Fuller, has selected Jubilant Industries to market its adhesives in India along with Jubilant's JeevanJod, which see a good traction according to industry sources. The stock has already corrected 20% from its high and provides a good entry opportunity around Rs.515.
Last week, S. Chand refinanced its working capital and term loan from Kotak, DBS and State Bank. The co. is taking all the right steps and walking the talk. This recast is likely to save a couple of millions annually. Buy on every decline.
RBI has approved the appointment of Pradeep Kumar Panja as Chairman of Karnataka Bank. It is a good for the bank and its investors in view of his experience as MD of State Bank of Travancore and later as Managing Director (Corporate Banking) at State Bank of India. Share is set to cross the century mark.
Global tea prices are hardening and expected to rise for the next one year. Dhunseri Tea & Industries Ltd. is expected to retrieve its lost ground and makes a good buy at the current levels.
Strong re-rating of stocks of Bank of America and JP Morgan Chase in the US markets last week should influence similar re-rating of our leading PSBs like Canara Bank, Punjab National Bank and Bank of Baroda.
Global tea prices are hardening and expected to rise for the next one year. Dhunseri Tea & Industries Ltd. is expected to retrieve its lost ground and makes a good buy at the current levels.
Strong re-rating of stocks of Bank of America and JP Morgan Chase in the US markets last week should influence similar re-rating of our leading PSBs like Canara Bank, Punjab National Bank and Bank of Baroda.
Earlier troubled and feared Reliance Power stock may give surprising returns in view of the improved prospects of Power companies and its much higher book value of Rs 40.63.
Delta Corp Ltd. is the largest gaming company and the only company in casino gaming with 2000+ live gaming positions and 55% market share in the organized casino market. It is a debt free company. Being the only listed casino, this counter can touch Rs 450.
Adani Ports is the largest commercial port operator handling 12 ports and accounts for nearly one-fourth of the cargo movement in the country. It operates 12 ports and terminals. The company has ROCE of 14.1% and ROE of 17.7%. It's PAT has grown at 12% CAGR over last 5 years. Being a market leader, analysts expect this counter to reach Rs.950.
Paper industry is doing well as evident by co. results. Orient Paper has not appreciated much. The scrip is virtually free considering the value of its holdings in Hyderabad Industries, Century Textiles and Ultratech Cement.
Swaraj Engines makes engines for tractors. It faces no marketing or payment issues as it supplies mainly to its parent Mahindra & Mahindra. Stock is undervalued,
FIEM Industries has been selected as the sole mirror supplier to Ola Electric. More fireworks in the offing.
Medinova Diagnostics, subsidiary of Vijaya Diagnostics trades at 15 P/E to FY22E earnings v/s industry avg.of 60 P/E and market cap of just 3 times to Sales v/s industry avg. of 14 times to sales. Buy for 50% returns with in 1 year.
Kanco Tea Industries from the BD Kanoria group produces premium black tea from its Assam gardens. It is trading at attractive valuations of 3 P/E to its FY22E earnings. Its Q2 results are likely to be very good. Buy for 50% returns in 1 year.
Palred Technologies, world's largest Logistics & Transportation Software Product Company, also provides IT solutions to E-Commerce, Media & Entertainment. As mid-cap IT segment shows great performance, it is sure to benefit with the rise of these sectors. A good long term investment idea.
Maheshwari Logistics is into logistics services, procurement of Coal, Pet Coke, Lignite & Waste Paper. It also manufactures Kraft Paper. The coal shortage will surely have a positive impact as it is involved in the trading of Coal & Lignite, which is in great demand by the energy sector.
Pondy Oxides & Chemicals, a leading secondary lead smelter produces high quality lead and lead alloys supplied to battery & chemical cos. and also exports to many countries. For Q1 it posted 316% higher EPS of Rs.14.75 as against Rs.3.54 in Q1FY2. Buy for good returns in the short term.
ITL Industries provides cutting tools to various industries with special purpose machines like pipe/tube cutting machines, angle cutting machines, band parting machines used in heavy engineering, railways, defence, steel, forgings. Its TTL EPS stands at Rs.20 but is available at PE of just 8.57.
Indian Toners, the largest manufacturer & exporter of toners used in laser printers, photocopiers etc. is the biggest beneficiary of the anti dumping duty recently imposed on black toner imported from China, Malaysia and Taiwan for 5 years. RDD
Rana Sugars is the most diversified sugar, power, cattlefeed, liquor and ethanol facility in the country. It is the market leader in Punjab of medium liquor sector. Sugar prices are at a life time high and are likely to remain high. It is the cheapest sugar share. Buy for very good return in short to medium term.
Den Networks now part of the Reliance group is available at a very attractive valuation. Against its 52 week high of Rs.93, it is now available around Rs.53. Buy for good return in the medium to long term. Technically, if it crosses Rs 64 with volumes, it can rise to Rs. 70+
ITD Cementation with equity of Rs.17.18 cr. has huge reserve of Rs.1048.52 cr. Foreign promoters hold 46.64%, FIIS hold 10.67%, mutual funds hold 19.59%. It posted Q1 PAT of Rs.17.89 cr. v/s loss of Rs.16.98 cr. in Q1FY21. Technically, if it closes at Rs 98, it can rise fast to Rs 110-115. RDD
ITL Industries provides cutting tools to various industries with special purpose machines like pipe/tube cutting machines, angle cutting machines, band parting machines used in heavy engineering, railways, defence, steel, forgings. Its TTL EPS stands at Rs.20 but is available at PE of just 8.57.
Indian Toners, the largest manufacturer & exporter of toners used in laser printers, photocopiers etc. is the biggest beneficiary of the anti dumping duty recently imposed on black toner imported from China, Malaysia and Taiwan for 5 years. RDD
Rana Sugars is the most diversified sugar, power, cattlefeed, liquor and ethanol facility in the country. It is the market leader in Punjab of medium liquor sector. Sugar prices are at a life time high and are likely to remain high. It is the cheapest sugar share. Buy for very good return in short to medium term.
Den Networks now part of the Reliance group is available at a very attractive valuation. Against its 52 week high of Rs.93, it is now available around Rs.53. Buy for good return in the medium to long term. Technically, if it crosses Rs 64 with volumes, it can rise to Rs. 70+
ITD Cementation with equity of Rs.17.18 cr. has huge reserve of Rs.1048.52 cr. Foreign promoters hold 46.64%, FIIS hold 10.67%, mutual funds hold 19.59%. It posted Q1 PAT of Rs.17.89 cr. v/s loss of Rs.16.98 cr. in Q1FY21. Technically, if it closes at Rs 98, it can rise fast to Rs 110-115. RDD
Low private investment is a weak spot in the economy: Montek Singh Ahluwalia
https://economictimes.indiatimes.com/news/economy/indicators/low-private-investment-is-a-weak-spot-in-the-economy-montek-singh-ahluwalia/articleshow/87068283.cms
Download Economic Times App to stay updated with Business News -
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https://economictimes.indiatimes.com/news/economy/indicators/low-private-investment-is-a-weak-spot-in-the-economy-montek-singh-ahluwalia/articleshow/87068283.cms
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The Economic Times
Low private investment is a weak spot in the economy: Montek Singh Ahluwalia
Reviving investment is even more important if we want to get back to higher growth over the medium term, Ahluwalia said.
India's electricity demand picks up in Oct as coal shortage lingers
https://mybs.in/2ZiFXX4
https://mybs.in/2ZiFXX4
Business-Standard
India's electricity demand picks up in Oct as coal shortage lingers
India's electricity demand grew 4.9% during the first half of October, with supply falling short of demand by 1.4% despite a 3.2% rise in coal-fired generation and 30% rise in solar output
Rising energy prices expose India to macro risks: Morgan Stanley
https://www.livemint.com/economy/rising-energy-prices-expose-india-to-macro-risks-morgan-stanley-11634382657292.html
https://www.livemint.com/economy/rising-energy-prices-expose-india-to-macro-risks-morgan-stanley-11634382657292.html
mint
Rising energy prices expose India to macro risks: Morgan Stanley
The risks of sharper and disruptive tightening will emerge if inflation remains higher for longer and or faster-than-expected change in global inflation and monetary policy expectations
Low private investment is a weak spot in the economy: Montek Singh Ahluwalia
https://economictimes.indiatimes.com/news/economy/indicators/low-private-investment-is-a-weak-spot-in-the-economy-montek-singh-ahluwalia/articleshow/87068283.cms
https://economictimes.indiatimes.com/news/economy/indicators/low-private-investment-is-a-weak-spot-in-the-economy-montek-singh-ahluwalia/articleshow/87068283.cms
The Economic Times
Low private investment is a weak spot in the economy: Montek Singh Ahluwalia
Reviving investment is even more important if we want to get back to higher growth over the medium term, Ahluwalia said.
I-T sleuths conduct raids at Antony Waste Handling Cell offices, subsidiaries https://www.thehindubusinessline.com/companies/i-t-sleuths-conduct-raids-at-antony-waste-handling-cell-offices-subsidiaries/article37026018.ece?utm_campaign=amp_article_share&utm_medium=referral&utm_source=whatsapp.com
BusinessLine
I-T sleuths conduct raids at Antony Waste Handling Cell offices, subsidiaries
The company says the proceedings have absolutely no impact on performance
Union Steel Minister
@RCP_Singh
met Chairman of Russian steel major
@NLMK
Grigory Fedorishin in #Moscow today; Minister urged the company to consider participation in India's PLI scheme for specialty steel & stronger localization of steel manufacture
@RCP_Singh
met Chairman of Russian steel major
@NLMK
Grigory Fedorishin in #Moscow today; Minister urged the company to consider participation in India's PLI scheme for specialty steel & stronger localization of steel manufacture
*Earnings Calendar:*
*16.10.2021:* *HDFCBANK*
*18.10.2021:* *LTI, ULTRACEMCO*
*19.10.2021:* *ACC, HINDUNILVR, ICICIPRULI, LTTS, NAVINFLUOR, NESTLEIND*
*20.10.2021:* *HAVELLS, JUBLFOOD, L&TFH, TATACOMM*
*21.10.2021:* *ASIANPAINT, BIOCON, CANFINHOME, CONCOR, ICICIGI, IEX, INDHOTEL, JSWSTEEL, LICHSGFIN, MPHASIS, TVSMOTOR*
*22.10.2021:* *FEDERALBNK, HINDZINC, HDFCLIFE, POLYCAB, PVR, RELIANCE, TATACONSUM, TATAELXSI*
*23.10.2021:* *ICICIBANK*
*25.10.2021:* *COLPAL, INDUSTOWER, HDFCAMC, RAMCOCEM, TECHM*
*26.10.2021:* *AMBUJACEM, AXISBANK, BAJFINANCE, CANBK, CIPLA, MGL, NAM-INDIA, PERSISTENT, PIIND, TORNTPHARM*
*27.10.2021:* *BAJAJ-AUTO, CUMMINSIND, DALBHARAT, DEEPAKNI, ITC, LARSEN, LUPIN, MARUTI, TITAN*
*28.10.2021:* *BAJAJFINSV, COROMANDEL, GNFC, MARICO, M&MFIN, TATAPOWER*
*28.10.2021:* *BEL, DRREDDY, CHOLAFIN, EXIDEIND, IOC*
*01.11.2021:* *HDFC*
*02.11.2021:* *DABUR, GODREJPROP, SUNPHARMA, TRENT*
*16.10.2021:* *HDFCBANK*
*18.10.2021:* *LTI, ULTRACEMCO*
*19.10.2021:* *ACC, HINDUNILVR, ICICIPRULI, LTTS, NAVINFLUOR, NESTLEIND*
*20.10.2021:* *HAVELLS, JUBLFOOD, L&TFH, TATACOMM*
*21.10.2021:* *ASIANPAINT, BIOCON, CANFINHOME, CONCOR, ICICIGI, IEX, INDHOTEL, JSWSTEEL, LICHSGFIN, MPHASIS, TVSMOTOR*
*22.10.2021:* *FEDERALBNK, HINDZINC, HDFCLIFE, POLYCAB, PVR, RELIANCE, TATACONSUM, TATAELXSI*
*23.10.2021:* *ICICIBANK*
*25.10.2021:* *COLPAL, INDUSTOWER, HDFCAMC, RAMCOCEM, TECHM*
*26.10.2021:* *AMBUJACEM, AXISBANK, BAJFINANCE, CANBK, CIPLA, MGL, NAM-INDIA, PERSISTENT, PIIND, TORNTPHARM*
*27.10.2021:* *BAJAJ-AUTO, CUMMINSIND, DALBHARAT, DEEPAKNI, ITC, LARSEN, LUPIN, MARUTI, TITAN*
*28.10.2021:* *BAJAJFINSV, COROMANDEL, GNFC, MARICO, M&MFIN, TATAPOWER*
*28.10.2021:* *BEL, DRREDDY, CHOLAFIN, EXIDEIND, IOC*
*01.11.2021:* *HDFC*
*02.11.2021:* *DABUR, GODREJPROP, SUNPHARMA, TRENT*
*HDFC Bank Q2FY22 Concall Update*
(Nirmal Bang Securities)
• _*Overall stable performance*_
• _*Rise in restructured book is slightly disappointing although contingent provision buffer is adequate*_
• _*Strong growth outlook particularly for Rural & SME segments fuels our optimism*_
*Outlook: Positive in long term*
• Slippage ratio came at 1.8% vs QoQ 2.5%. Average over FY18-20 (pre-covid) was at 1.8%.
• Demand resolution is at 97.5% against precovid level of 98%. Recovery rates are higher than precovid levels.
• Gross NPA came at 1.35% vs QoQ 1.47%. Net NPA came at 0.40% vs QoQ 0.48%.
• Restructured loans are at ~Rs. 18,000 Cr (1.5%) vs QoQ ~Rs. 7,800 Cr (0.7%). Bank expects 10-20 bps to slip into NPA.
• Provisions came at Rs. 3925 Cr (1.40%) vs expectation of Rs. 4157 Cr (1.49%), YoY Rs. 3703 Cr (1.53%), QoQ Rs. 4831 Cr (1.80%).
• Provision made during the qtr includes Rs. 1200 Cr towards contingent provisions taking total contingent provisions to Rs. 7756 Cr (65bps) vs QoQ Rs. 6596 Cr (57 bps).
• Also total provisions (specific + floating + contingent) are 163% of GNPA.
• Total advances increased by 4.5% QoQ & by 15% YoY to Rs. 11,98,837 Cr.
• Retail loans grew +4.5% QoQ; +11% YoY.
• Sep month saw 37% decline in overall auto sales; while disbursals for HDFC Bank grew by 36% in the same month.
• Disbursal run-rate for 4W is robust and 2W is lagging but runrate should reach pre-covid levels over next 60 days.
• Co gained market share in CV financing. Growth in e-commerce and infra spends by Govt should drive growth in CVs.
• Home & LAP are witnessing good QoQ growth.
• *Expansion continues in semi-urban & rural areas.* Rural economy is stable with normal monsoon. Employment levels have reached pre-covid levels as per CMIE data. Mobility index has shown good improvement.
• *SME loans grew by 7.5% QoQ.*
• *Rural & SME books should grow at a fast pace.*
• Recovery in consumption & exports will drive higher utilization levels and thus higher growth in wholesale book.
• NIMs remained constant both on QoQ & YoY basis at 4.1%.
• NII grew by 12% YoY.
• Other income grew by 21% YoY on the back of a low base as covid 1 lockdown was much more stricter and thus this qtr, fee income grew faster.
• Total income grew by 15% YoY. While opex and PPP grew by 14 & 15% respectively.
• CASA ratio improved to 46.8% vs QoQ 45.5% & YoY 41.6%.
• HDB Financial loan book was at Rs. 60,008 Cr (+4.6% QoQ & flat YoY). Credit cost in HDB remained elevated at 4.2% vs QoQ 3.3% & YoY 6.2%. GNPA reduced to 6.1% vs QoQ 7.7%.
Share is trading at P/E of 21.2x FY23E EPS & 4.4x trailing P/Adj. BV
(Nirmal Bang Securities)
• _*Overall stable performance*_
• _*Rise in restructured book is slightly disappointing although contingent provision buffer is adequate*_
• _*Strong growth outlook particularly for Rural & SME segments fuels our optimism*_
*Outlook: Positive in long term*
• Slippage ratio came at 1.8% vs QoQ 2.5%. Average over FY18-20 (pre-covid) was at 1.8%.
• Demand resolution is at 97.5% against precovid level of 98%. Recovery rates are higher than precovid levels.
• Gross NPA came at 1.35% vs QoQ 1.47%. Net NPA came at 0.40% vs QoQ 0.48%.
• Restructured loans are at ~Rs. 18,000 Cr (1.5%) vs QoQ ~Rs. 7,800 Cr (0.7%). Bank expects 10-20 bps to slip into NPA.
• Provisions came at Rs. 3925 Cr (1.40%) vs expectation of Rs. 4157 Cr (1.49%), YoY Rs. 3703 Cr (1.53%), QoQ Rs. 4831 Cr (1.80%).
• Provision made during the qtr includes Rs. 1200 Cr towards contingent provisions taking total contingent provisions to Rs. 7756 Cr (65bps) vs QoQ Rs. 6596 Cr (57 bps).
• Also total provisions (specific + floating + contingent) are 163% of GNPA.
• Total advances increased by 4.5% QoQ & by 15% YoY to Rs. 11,98,837 Cr.
• Retail loans grew +4.5% QoQ; +11% YoY.
• Sep month saw 37% decline in overall auto sales; while disbursals for HDFC Bank grew by 36% in the same month.
• Disbursal run-rate for 4W is robust and 2W is lagging but runrate should reach pre-covid levels over next 60 days.
• Co gained market share in CV financing. Growth in e-commerce and infra spends by Govt should drive growth in CVs.
• Home & LAP are witnessing good QoQ growth.
• *Expansion continues in semi-urban & rural areas.* Rural economy is stable with normal monsoon. Employment levels have reached pre-covid levels as per CMIE data. Mobility index has shown good improvement.
• *SME loans grew by 7.5% QoQ.*
• *Rural & SME books should grow at a fast pace.*
• Recovery in consumption & exports will drive higher utilization levels and thus higher growth in wholesale book.
• NIMs remained constant both on QoQ & YoY basis at 4.1%.
• NII grew by 12% YoY.
• Other income grew by 21% YoY on the back of a low base as covid 1 lockdown was much more stricter and thus this qtr, fee income grew faster.
• Total income grew by 15% YoY. While opex and PPP grew by 14 & 15% respectively.
• CASA ratio improved to 46.8% vs QoQ 45.5% & YoY 41.6%.
• HDB Financial loan book was at Rs. 60,008 Cr (+4.6% QoQ & flat YoY). Credit cost in HDB remained elevated at 4.2% vs QoQ 3.3% & YoY 6.2%. GNPA reduced to 6.1% vs QoQ 7.7%.
Share is trading at P/E of 21.2x FY23E EPS & 4.4x trailing P/Adj. BV
Securities in Ban For Trade Date 18-OCT-2021:
1 BANKBARODA
2 BHEL
3 IBULHSGFIN
4 IDEA
5 IRCTC
6 SUNTV
1 BANKBARODA
2 BHEL
3 IBULHSGFIN
4 IDEA
5 IRCTC
6 SUNTV
Money Market Update
The rupee ended at 75.25 against the U.S. Dollar on Thursday as compared to Wednesday's closing of 75.37.
The rupee ended at 75.25 against the U.S. Dollar on Thursday as compared to Wednesday's closing of 75.37.
Trading Tweaks
Ex-Date EGM: Omaxe
Ex-Date AGM: AGC Networks
Price Band Revised From 5% To 10%: Adani Power, Deepak Fertilizers and Petrochemicals Corporation, Gateway Distriparks, Jaiprakash Associates
Price Band Revised 5% To 20%: eClerx Services, Paras Defence and Space Technologies, Sarda Energy & Minerals
Move Into Short-Term ASM Framework: Tata Motors, Jaiprakash Power Ventures, Sona BLW Precision Forgings, Tata Teleservices (Maharashtra), PTC India, Genesys International Corporation
Move Out Of Short-Term ASM Framework: Bodal Chemicals, Triveni Turbine
Move Into ASM Framework: Sarda Energy & Minerals, Deepak Fertilizers and Petrochemicals Corporation, Gateway Distriparks, eClerx Services, Adani Power, Jaiprakash Associates
Move Out Of ASM Framework: CG Power and Industrial Solutions,Reliance Infrastructure, Dynamatic Technologies, Easy Trip Planners, Seamec, IIFL Securities
Ex-Date EGM: Omaxe
Ex-Date AGM: AGC Networks
Price Band Revised From 5% To 10%: Adani Power, Deepak Fertilizers and Petrochemicals Corporation, Gateway Distriparks, Jaiprakash Associates
Price Band Revised 5% To 20%: eClerx Services, Paras Defence and Space Technologies, Sarda Energy & Minerals
Move Into Short-Term ASM Framework: Tata Motors, Jaiprakash Power Ventures, Sona BLW Precision Forgings, Tata Teleservices (Maharashtra), PTC India, Genesys International Corporation
Move Out Of Short-Term ASM Framework: Bodal Chemicals, Triveni Turbine
Move Into ASM Framework: Sarda Energy & Minerals, Deepak Fertilizers and Petrochemicals Corporation, Gateway Distriparks, eClerx Services, Adani Power, Jaiprakash Associates
Move Out Of ASM Framework: CG Power and Industrial Solutions,Reliance Infrastructure, Dynamatic Technologies, Easy Trip Planners, Seamec, IIFL Securities
Pledge Share Details
Ajanta Pharma: Promoter Aayush Agrawal revoked pledge of 1.50 lakh shares on October 12.
Future Consumer: Promoter Future Capital Investment invoked pledge of 10 lakh shares on October 11.
Max Financial Services: Promoter Max Ventures Investment Holdings created a pledge of 1.42 lakh shares on October 13.
Ajanta Pharma: Promoter Aayush Agrawal revoked pledge of 1.50 lakh shares on October 12.
Future Consumer: Promoter Future Capital Investment invoked pledge of 10 lakh shares on October 11.
Max Financial Services: Promoter Max Ventures Investment Holdings created a pledge of 1.42 lakh shares on October 13.