Hindustan Aeronautics
The Department of Public Enterprises announced that Finance Minister Nirmala Sitharaman has approved the upgradation of Hindustan Aeronautics to the 14th Maharatna Central Public Sector Enterprise (CPSE).
Indo Count Industries
The company's subsidiary, Indo Count Global, Inc, has acquired a 100% stake in Modern Home Textiles, Inc for $11.7 million by entering into a stock purchase agreement with the stockholders of Modern Home. The acquisition will be completed by October 31.
Ashoka Buildcon
The construction engineering company has received a letter of acceptance for projects worth Rs 2,000 crore from the Maharashtra State Road Development Corporation. The projects involve the construction of major bridges across Jaigad Creek between Tawsal and Jaigad, Kundalika Creek between Revdanda to Salav, and Bankot Creek between Kolmandla (District Raigad) to Veshvi on the Revas Reddi Coastal Highway in Ratnagiri, Maharashtra.
Adani Ports and Special Economic Zone
The company has completed the acquisition of a 95% stake in Gopalpur Port (GPL) from the existing shareholders of GPL.
Metropolis Healthcare
Rakesh Agarwal has resigned as Chief Financial Officer (CFO) of the company due to personal priorities, effective November 10.
IL&FS Transportation Networks
The company has entered into a Share Purchase Agreement with Axis Trustee Services (as the trustee of Roadstar Infra Investment Trust) to sell 24.35 crore equity shares of its subsidiary, Barwa Adda Expressway. It has also agreed to assign its receivables amounting to Rs 1,302.93 crore owed by Barwa Adda Expressway to the Trust by executing a Deed of Assignment with Axis Trustee Services (as the trustees) and Roadstar Investment Managers (as the Investment Manager of the Trust). The company will receive Rs 545.55 crore in cash and the balance in the form of units of the Trust.
Sudarshan Chemical Industries
The Board will meet on October 16 to consider raising funds through the issuance of equity shares via qualified institutional placements (QIP), preferential issues, rights issues, private placements, bonds, debentures, or any other method.
Wipro
The Board will meet on October 17 to consider the issuance of bonus shares for the company.
Valore Estate (DB Realty)
The company has received a letter of acceptance from the Municipal Corporation of Greater Mumbai (MCGM) for the construction, completion, and handing over of about 13,374 affordable housing tenements under the Project-Affected Persons (PAP) Scheme on the company’s land at Malad East, Mumbai.
JSW Energy
The company's subsidiary, JSW Energy PSP Two, has signed an Energy Storage Facility Agreement (ESFA) with Maharashtra State Electricity Distribution Company (MSEDCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The ESFA is for the supply of energy storage capacity for 40 years, during which the company will receive a fixed capacity charge of Rs 84.66 lakh per MW per annum.
PNC Infratech
The construction engineering company has received a Letter of Acceptance from the City & Industrial Development Corporation of Maharashtra (CIDCO) for a project worth Rs 2,039.6 crore. The project involves integrated infrastructure development of roads 20 meters wide and above, construction of various major and minor structures (flyover, minor bridges, VUPS, PUPS, etc.), and allied electrical works (street lighting) in TPS - 8, 9, and 12 under the NAINA project.
The Department of Public Enterprises announced that Finance Minister Nirmala Sitharaman has approved the upgradation of Hindustan Aeronautics to the 14th Maharatna Central Public Sector Enterprise (CPSE).
Indo Count Industries
The company's subsidiary, Indo Count Global, Inc, has acquired a 100% stake in Modern Home Textiles, Inc for $11.7 million by entering into a stock purchase agreement with the stockholders of Modern Home. The acquisition will be completed by October 31.
Ashoka Buildcon
The construction engineering company has received a letter of acceptance for projects worth Rs 2,000 crore from the Maharashtra State Road Development Corporation. The projects involve the construction of major bridges across Jaigad Creek between Tawsal and Jaigad, Kundalika Creek between Revdanda to Salav, and Bankot Creek between Kolmandla (District Raigad) to Veshvi on the Revas Reddi Coastal Highway in Ratnagiri, Maharashtra.
Adani Ports and Special Economic Zone
The company has completed the acquisition of a 95% stake in Gopalpur Port (GPL) from the existing shareholders of GPL.
Metropolis Healthcare
Rakesh Agarwal has resigned as Chief Financial Officer (CFO) of the company due to personal priorities, effective November 10.
IL&FS Transportation Networks
The company has entered into a Share Purchase Agreement with Axis Trustee Services (as the trustee of Roadstar Infra Investment Trust) to sell 24.35 crore equity shares of its subsidiary, Barwa Adda Expressway. It has also agreed to assign its receivables amounting to Rs 1,302.93 crore owed by Barwa Adda Expressway to the Trust by executing a Deed of Assignment with Axis Trustee Services (as the trustees) and Roadstar Investment Managers (as the Investment Manager of the Trust). The company will receive Rs 545.55 crore in cash and the balance in the form of units of the Trust.
Sudarshan Chemical Industries
The Board will meet on October 16 to consider raising funds through the issuance of equity shares via qualified institutional placements (QIP), preferential issues, rights issues, private placements, bonds, debentures, or any other method.
Wipro
The Board will meet on October 17 to consider the issuance of bonus shares for the company.
Valore Estate (DB Realty)
The company has received a letter of acceptance from the Municipal Corporation of Greater Mumbai (MCGM) for the construction, completion, and handing over of about 13,374 affordable housing tenements under the Project-Affected Persons (PAP) Scheme on the company’s land at Malad East, Mumbai.
JSW Energy
The company's subsidiary, JSW Energy PSP Two, has signed an Energy Storage Facility Agreement (ESFA) with Maharashtra State Electricity Distribution Company (MSEDCL) for the procurement of 1,500 MW / 12,000 MWh of pumped hydro energy storage. The ESFA is for the supply of energy storage capacity for 40 years, during which the company will receive a fixed capacity charge of Rs 84.66 lakh per MW per annum.
PNC Infratech
The construction engineering company has received a Letter of Acceptance from the City & Industrial Development Corporation of Maharashtra (CIDCO) for a project worth Rs 2,039.6 crore. The project involves integrated infrastructure development of roads 20 meters wide and above, construction of various major and minor structures (flyover, minor bridges, VUPS, PUPS, etc.), and allied electrical works (street lighting) in TPS - 8, 9, and 12 under the NAINA project.
👍1
HOLDING TRADE
⚜️BUY RELIANCE 2800 CE ABOVE 30-32
🎯 Target --40-50-60
❤Sl paid
⚜️BUY RELIANCE 2800 CE ABOVE 30-32
🎯 Target --40-50-60
❤Sl paid
👍2
Securities in Ban For Trade Date 15-OCT-2024:
1.CHAMBLFERT
2.GNFC
3 GRANULES
4 HINDCOPPER
5 IDFCFIRSTB
6 IEX
7 MANAPPURAM
8 NATIONALUM
9 PNB
10.RBL BANK 11.SAIL 12.TATACHEM (Source - nseindia.com)
1.CHAMBLFERT
2.GNFC
3 GRANULES
4 HINDCOPPER
5 IDFCFIRSTB
6 IEX
7 MANAPPURAM
8 NATIONALUM
9 PNB
10.RBL BANK 11.SAIL 12.TATACHEM (Source - nseindia.com)
*FII DATA
as on 14/10/2024
(fig in crores) Cash Market
FII Net (3,731.59)
FII Buy 9,364.16
FII Sell 13,095.75
India Vix : 13.00
as on 14/10/2024
(fig in crores) Cash Market
FII Net (3,731.59)
FII Buy 9,364.16
FII Sell 13,095.75
India Vix : 13.00
⚜️BUY BANKNIFTY 52100 PE ABOVE 450-60
🎯 Target 500-600-700
❤Sl 340
WAIT FOR HIT
🎯 Target 500-600-700
❤Sl 340
WAIT FOR HIT
⚜️BUY GODREJPROP 3200 PE ABOVE 115
🎯 Target 122-130 -140
❤Sl paid
WAIT FOR HIT
DO NOT BUY EARLY
🎯 Target 122-130 -140
❤Sl paid
WAIT FOR HIT
DO NOT BUY EARLY