1-2 Days Technical Call Buy GLAND above 1604.7 with SL 1570 Target 1690 (ANALYST VIKAS). Visit our website for disclosure. (Nirmal Bang).
1-2 DAYS Technical Call book partial profit in DBREALTY @ 204-205 Target 210 BUY call initiated 196.60(ANALYST SWATI). Visit our website for disclosure (Nirmal Bang).
*SML Isuzu May 2025 Sales- Ok*
(Nirmal Bang Retail Research)
Sales came at 1543 vs YoY 1563 units (-1%) and MoM 1512 units (2%)
(Nirmal Bang Retail Research)
Sales came at 1543 vs YoY 1563 units (-1%) and MoM 1512 units (2%)
Dow +35
Nasdaq +129
Dax -67
Nikkei +209
Hangseng +211
Gift Nifty +58 (24867)
Dowfut -87
Nasdaqfut -47
Crude Oil 65.20
Drollar Index 98.73
Stocks To Watch
Maruti Suzuki India: The company’s total production in May increased by 1.4% year-over-year, reaching 1.95 lakh units compared to 1.93 lakh units in the same period last year.
Adani Enterprises: The company clarified that the Wall Street Journal's story alleging links between Adani entities and sanctioned Iranian LPG are 'baseless and mischievous'. The company denied any deliberate engagement in sanctions evasion or trade involving Iranian-origin LPG.
Man Industries: The board approved a proposal to raise up to Rs 300 crore via preferential allotment.
Grasim Industries: The company approved raising up to Rs 1,000 crore via NCDs on a private placement basis.
TVS Supply Chain: The company filed an appeal before the appellate tribunal challenging an order of EPFO regarding the reassessment of dues.
Reliance Infra: The company pay Rs 92.68 crore to Dhursar solar power towards claim of tariff as per an energy purchase pact.
United Breweries: The company will close operations at the Mangalore brewery unit.
UCO Bank: The company appointed Sumit Khandelwal as CFO.
ISGEC Heavy Engineering: The National Green Tribunal granted permission to resume operations at the Muzaffarnagar unit
Frontier Springs: The company received an order worth Rs 92.6 crore from Rail Coach Factory, Kapurthala and Modern Coach Factory, Raebareli.
Salzer Electronics: The company formed an SPV named Effilume Private for implementing the Rs 192 crore energy efficiency project in Bengaluru on an order secured from the Bruhat Bengaluru Mahanagara Palike in May.
Jindal Stainless: The company bought 33.64% stake in Oyster Renewable's 282 MW SPV.
HCLTech: The company signed a deal with UiPath to accelerate agentic automation for global enterprises and will establish an AI lab with UiPath in India.
Sarda Energy & Minerals: Chhattisgarh Environment Conservation Board gave its consent to expand production capacity.
Star Cement: An arm commenced commercial production of AAC blocks at the Assam manufacturing unit
Veritas (India): A major fire at the adjacent terminal spread to the office of the company’s subsidiaries at UAE. The fire was brought under control, and there were no casualties. The assessment and impact of fire is under process. It is to further inform that there is an appropriate insurance coverage. Rajaram Shanbhag resigned as CFO.
Awfis Space Solutions: The company has been sanctioned with a loan facility of Rs 80 crore, which includes an overdraft limit of Rs 30 crore to fund capital expenditures for existing centres, establish new centers, and for reimbursement of eligible expenditures. The company plans to utilise the facility as per future business requirements.
Britannia Industries: A strike at the Jhagadia plant in Gujarat has been called off.
Punjab & Sind Bank: The Ministry of Finance extended the tenure of Swarup Kumar Saha as MD and CEO.
Insider Trades
Som Distilleries & Breweries: Promoter Deepak Arora bought 20,000 shares on June 2.
Kilburn Engineering: Promoter Firstview Trading bought 30,000 shares on May 30.
Geojit Financial Services: Promoter BNP Paribas sold 6.56 lakh shares between May 28 and 30.
Star Health and Allied Insurance Company: Promoter Setu Aif Trust bought 12.65 lakh shares on May 27 and 30.
Aarti Pharmalabs: Promoter Orchid Family Trust sold 20,000 shares, Promoter Tulip Family Trust sold 40,000 shares, Promoter Orchid Family Trust sold 20,000 shares.
Sai Silks (Kalamandir): Promoter SSKL Family Trust bought 1.5 lakh shares.
Trading Tweaks
Price Band change from 20% to 10%: Apollo Micro Systems, IFB Agro Industries.
Price Band change from 5% to 2%: Nagarjuna Fertilizers and Chemicals, Shanti Overseas (India).
Ex- Dividend: Larsen and Tourbo, Nuvama Wealth Management.
Securities in ban period:
Manappuram Finance.
Nasdaq +129
Dax -67
Nikkei +209
Hangseng +211
Gift Nifty +58 (24867)
Dowfut -87
Nasdaqfut -47
Crude Oil 65.20
Drollar Index 98.73
Stocks To Watch
Maruti Suzuki India: The company’s total production in May increased by 1.4% year-over-year, reaching 1.95 lakh units compared to 1.93 lakh units in the same period last year.
Adani Enterprises: The company clarified that the Wall Street Journal's story alleging links between Adani entities and sanctioned Iranian LPG are 'baseless and mischievous'. The company denied any deliberate engagement in sanctions evasion or trade involving Iranian-origin LPG.
Man Industries: The board approved a proposal to raise up to Rs 300 crore via preferential allotment.
Grasim Industries: The company approved raising up to Rs 1,000 crore via NCDs on a private placement basis.
TVS Supply Chain: The company filed an appeal before the appellate tribunal challenging an order of EPFO regarding the reassessment of dues.
Reliance Infra: The company pay Rs 92.68 crore to Dhursar solar power towards claim of tariff as per an energy purchase pact.
United Breweries: The company will close operations at the Mangalore brewery unit.
UCO Bank: The company appointed Sumit Khandelwal as CFO.
ISGEC Heavy Engineering: The National Green Tribunal granted permission to resume operations at the Muzaffarnagar unit
Frontier Springs: The company received an order worth Rs 92.6 crore from Rail Coach Factory, Kapurthala and Modern Coach Factory, Raebareli.
Salzer Electronics: The company formed an SPV named Effilume Private for implementing the Rs 192 crore energy efficiency project in Bengaluru on an order secured from the Bruhat Bengaluru Mahanagara Palike in May.
Jindal Stainless: The company bought 33.64% stake in Oyster Renewable's 282 MW SPV.
HCLTech: The company signed a deal with UiPath to accelerate agentic automation for global enterprises and will establish an AI lab with UiPath in India.
Sarda Energy & Minerals: Chhattisgarh Environment Conservation Board gave its consent to expand production capacity.
Star Cement: An arm commenced commercial production of AAC blocks at the Assam manufacturing unit
Veritas (India): A major fire at the adjacent terminal spread to the office of the company’s subsidiaries at UAE. The fire was brought under control, and there were no casualties. The assessment and impact of fire is under process. It is to further inform that there is an appropriate insurance coverage. Rajaram Shanbhag resigned as CFO.
Awfis Space Solutions: The company has been sanctioned with a loan facility of Rs 80 crore, which includes an overdraft limit of Rs 30 crore to fund capital expenditures for existing centres, establish new centers, and for reimbursement of eligible expenditures. The company plans to utilise the facility as per future business requirements.
Britannia Industries: A strike at the Jhagadia plant in Gujarat has been called off.
Punjab & Sind Bank: The Ministry of Finance extended the tenure of Swarup Kumar Saha as MD and CEO.
Insider Trades
Som Distilleries & Breweries: Promoter Deepak Arora bought 20,000 shares on June 2.
Kilburn Engineering: Promoter Firstview Trading bought 30,000 shares on May 30.
Geojit Financial Services: Promoter BNP Paribas sold 6.56 lakh shares between May 28 and 30.
Star Health and Allied Insurance Company: Promoter Setu Aif Trust bought 12.65 lakh shares on May 27 and 30.
Aarti Pharmalabs: Promoter Orchid Family Trust sold 20,000 shares, Promoter Tulip Family Trust sold 40,000 shares, Promoter Orchid Family Trust sold 20,000 shares.
Sai Silks (Kalamandir): Promoter SSKL Family Trust bought 1.5 lakh shares.
Trading Tweaks
Price Band change from 20% to 10%: Apollo Micro Systems, IFB Agro Industries.
Price Band change from 5% to 2%: Nagarjuna Fertilizers and Chemicals, Shanti Overseas (India).
Ex- Dividend: Larsen and Tourbo, Nuvama Wealth Management.
Securities in ban period:
Manappuram Finance.
Currency/Bond Update The rupee closed 19 paise stronger at 85.39 against US Dollar.
The yield on the benchmark 10-year government bond closed two basis points lower at 6.26%
BULK DEAL AS ON 02-06-2025
AU Small Finance Bank Ltd
+9.01 LK @ 693 TATA AIG GENERAL INSURANCE CO LTD
-9.1 LK @ 963 LEAPFROG RURAL INCLUSION (INDIA) LIMITED
IITL
+7.67 LK @ 175 NECTA BLOOM VCC - NECTA BLOOM ONE
-1.84 LK @ 175 SYSTEMATIX FINVEST PRIVATE LIMITED
-2.88 LK @ 175 MULTITECH GLOBAL ENTERPRISE
-2.94 LK @ 175 HANUMAN FORGING AND ENGINEERING PRIVATE LIMITED
NIVABUPA
+4.96 CRORE @ 82 DSP MUTUAL FUND
+1.51 CRORE @ 82 SBI MUTUAL FUND
+1.35 CRORE @ 83.95 M PALLONJI AND CO PVT LTD
-17.29 CRORE @ 82.40 FETTLE TONE LLP
-1 CRORE @ 82.3 KRISHNAN RAMACHANDRAN
THELEELA
+16.83 LK @ 434.13 WF ASIAN RECONNAISSANCE FUND LIMITED
Listing of Equity Shares of Prostarm Info Systems Limited (IPO)
with effect from June 03, 2025
Symbol PROSTARM [544410]
Name of the Company Prostarm Info Systems Limited
Series BE*
ISIN INE0BX301013
Face Value Rs. 10/-
Paid-up Value Rs. 10/-
Issue Price for the current public issue Rs. 105/-
Security Description Equity shares of Rs. 10/- each fully paid up
No. of securities 58874592
Distinctive number range As per Annexure I
Market lot 1
Aptus Value Housing Finance: The private equity firm Westridge Investments is set to divest a 9.8 per cent stake in Aptus Value Housing Finance India through a block deal worth Rs 1,495 crore, reported CNBC-TV18 citing sources. The floor price for the transaction has been fixed at Rs 305 per share.
The yield on the benchmark 10-year government bond closed two basis points lower at 6.26%
BULK DEAL AS ON 02-06-2025
AU Small Finance Bank Ltd
+9.01 LK @ 693 TATA AIG GENERAL INSURANCE CO LTD
-9.1 LK @ 963 LEAPFROG RURAL INCLUSION (INDIA) LIMITED
IITL
+7.67 LK @ 175 NECTA BLOOM VCC - NECTA BLOOM ONE
-1.84 LK @ 175 SYSTEMATIX FINVEST PRIVATE LIMITED
-2.88 LK @ 175 MULTITECH GLOBAL ENTERPRISE
-2.94 LK @ 175 HANUMAN FORGING AND ENGINEERING PRIVATE LIMITED
NIVABUPA
+4.96 CRORE @ 82 DSP MUTUAL FUND
+1.51 CRORE @ 82 SBI MUTUAL FUND
+1.35 CRORE @ 83.95 M PALLONJI AND CO PVT LTD
-17.29 CRORE @ 82.40 FETTLE TONE LLP
-1 CRORE @ 82.3 KRISHNAN RAMACHANDRAN
THELEELA
+16.83 LK @ 434.13 WF ASIAN RECONNAISSANCE FUND LIMITED
Listing of Equity Shares of Prostarm Info Systems Limited (IPO)
with effect from June 03, 2025
Symbol PROSTARM [544410]
Name of the Company Prostarm Info Systems Limited
Series BE*
ISIN INE0BX301013
Face Value Rs. 10/-
Paid-up Value Rs. 10/-
Issue Price for the current public issue Rs. 105/-
Security Description Equity shares of Rs. 10/- each fully paid up
No. of securities 58874592
Distinctive number range As per Annexure I
Market lot 1
Aptus Value Housing Finance: The private equity firm Westridge Investments is set to divest a 9.8 per cent stake in Aptus Value Housing Finance India through a block deal worth Rs 1,495 crore, reported CNBC-TV18 citing sources. The floor price for the transaction has been fixed at Rs 305 per share.
1-2 Days Technical Call Book Partial Profits in GLAND at 1632-1635, Target 1690, Call initiated at 1604.7(ANALYST VIKAS). Visit our website for disclosure. (Nirmal Bang).
1-2 DAYS Technical Call book partial profits in GLENMARK @ 1515-1520 Target 1540, BUY call initiated 1480.40(ANALYST SWATI). Visit our website for disclosure (Nirmal Bang).
1-2 DAYS Technical call Buy OBEROIRLTY above 1794.20 with SL 1765 Target 1855(ANALYST SWATI). Visit our website for disclosure (Nirmal Bang)
CEMENT COS CUT PRICE BY INR 10–INR 30 PER 50 KG BAG IN TAMIL NADU || CEMENT COS CUT PRICES BY INR 10–INR 20 PER 50 KG BAG IN ANDHRA, TELANGANA
1-2 DAYS Technical call Buy SIGNATURE above 1245.20 with SL 1220 Target 1295(ANALYST SWATI). Visit our website for disclosure (Nirmal Bang)
BUY NATGAS 316.20-315.50 SL BELOW 310.40 TG 823.20-825.90
BUY ALUMINIUM AT 237-236.70 SL BELOW 235 TARGET 240
BUY ALUMINIUM AT 237-236.70 SL BELOW 235 TARGET 240