Monday 29 April 2024

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Bharat India Daybook Stocks in News


*ABSL AMC:* Net profit up 53.7% at ₹208.4 cr vs ₹135.6 cr, Revenue up 23.1% at ₹365.6 cr vs ₹297 cr (YoY) (Positive)

*SBFC: Net Profit Up 72% At Rs 73.4 Cr Vs Rs 42.7 Cr, Revenue Up 34.4% At Rs 278.8 Cr Vs Rs 207.5 Cr (YoY). (Positive)

*Shakti Pumps:* Cons revenue at Rs 609 cr vs Rs 183 cr YoY, Cons PAT at Rs 89.6 cr vs Rs 2.2 cr YoY (Positive)

*Utkarsh SFB:* Company reports Q4 earnings, Net Profit up 19.4% at ₹159.7 cr vs ₹133.8 cr, NII up 31.8% at ₹539.9 cr vs ₹409.6 cr (YoY) (Positive)

*Force Motors:* Company reports Q4 earnings, Net profit down 4.3% at ₹140.3 cr vs ₹146.6 cr, Revenue up 35% at ₹2,011.2 cr vs ₹1,490.3 cr (YoY) (Positive)

*Sanghi Ind:* Net Loss At Rs 19 Cr Vs Loss Of Rs 105 Cr, Revenue Up 26% At Rs 285 Cr Vs Rs 226 Cr (YoY) (Positive)

*Yes Bank:* Net Profit At Rs 454 Cr Vs Rs 202.4 Cr, NII Up 2.3% At Rs 2,153.1 Cr Vs Rs 2,105.2 Cr (YoY) (Positive)

*Eveready:* Cons net profit 80m rupees vs loss 144m, Q4 revenue 2.8b rupees vs 2.9b (YOY) (Positive)

*MHRIL:* Net profit up 46.1% at ₹82.4 cr vs ₹56.4 cr, Revenue up 12.5% at ₹800.2 cr vs ₹711.6 cr (YoY) (Positive)

*NBCC:* Company gets an in-principle approval to form a wholly owned subsidiary in Dubai (Positive)

*Ircon International:* Company gets order worth Rs 1,198.09 cr from the East Coast Railway (Positive)

*Apollo Hospitals:* Keimed merger will help in a unified pharmacy biz and will allow for sustained improvement in margin (Positive)

*IREDA:* Company granted ‘Navratna Status’ from department of public enterprises. (Positive)

*Hinduja Global:* Company arm acquires 51% stake in Seven Star Balaji Broadband. (Positive)

*BATA:* Company approved monetizing the co.’s freehold industrial land admeasuring approximately 11.54 acres for a consideration of 156 cr rupees (Positive)

*Ajanta Pharma:* To consider buyback of equity shares at its board meet on May 2.. (Positive)

*NLC India:* Coal Mine approval to accelerate profits, New CMD (Ex-NTPC) to drive execution. (Positive)

*Macrotech:* Company expects pre-sales to grow about 20% in the year to March after reporting its highest-ever quarterly revenue. (Positive)

*Tata Steel:* Company has agreed detailed terms with the UK Government on the proposed grant package to support the £1.25 billion investment (Positive)

*CRISIL:* Company’s unit gets SEBI license to commence the business of ESG Ratings Provider. (Positive)

*Indusind Bank:* NII at Rs 5376 crore versus poll of Rs 5472 crore, Net profit at Rs 2349 crore versus poll of Rs 2403 crore (Neutral)

*IDFC First;* Net Profit At Rs 724.3 Cr Vs CNBC-TV18 Poll Of Rs 738.6 Cr, Gross NPA At 1.88% Vs 2.04% (QoQ) (Neutral)

*RBL Bank:* Net Profit At Rs 352.6 Cr Vs Poll Of Rs 320.7 Cr, Gross NPA At 2.65% Vs 3.12% (QoQ) (Neutral)

*Craftsman:* Net Profit Down 20% At Rs 62.3 Cr Vs Rs 77.6 Cr, Revenue Up 12.7% At Rs 1,105.3 Cr Vs Rs 980.4 Cr (YoY) (Neutral)

*Mastek:* Net profit up 22% at Rs 92 Cr vs Rs 75.3 Cr, Revenue down 0.5% at Rs 780 Cr vs Rs 784 Cr (QoQ) (Neutral)

*Usha Martin:* Net Profit up 0.9% at ₹106.3 cr vs ₹105.3 cr, Revenue down 3.1% at ₹829 cr vs ₹855.2 cr (YoY). (Neutral)

*HCL Tech:* Net profit at ₹3,986 cr vs poll of ₹4,084 cr, CC revenue growth at 0.3% vs poll of 0.4%. (Neutral)

*SBI Life:* Net Profit up 4.4% at ₹811 cr vs ₹777 cr, Annualised premium equivalent up 17.1% at ₹5,330 cr vs ₹4,550 cr (YoY) (Neutral)

*SBI Cards:* Net profit up 11.5% at ₹662.4 cr vs ₹596.5 cr, Revenue up 15.6% at ₹4,347.7 cr vs ₹3,762.2 cr (YoY) (Neutral)

*Vodafone Idea:* ATC Telecom Infrastructure has exited the telecom operator by selling its entire shareholding of 144 crore equity shares (Neutral)

*Maruti Suzuki:* Company‘s Chairman RC Bhargava say a fourth unit at Suzuki Motor Gujarat to start production by end of this year. (Neutral)

*L&T:* Co gets GST penalty worth Rs 43 crore from Jaipur GST authority. (Neutral)

*Everest:* Company MDH Row: Indian spice manufacturers may face an export ban if the presence of ethylene oxide is confirmed
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*News Headlines from Business News Agencies :*

*Business Standard :*

ITPCL debt: NCLAT rejects SBI's objection on liquidation value given by PNB

Apollo Hospitals lines up Rs 3,000 crore investment post Advent deal

India receives oil cargo in Russian SCF tanker after brief halt: Report

Deloitte India pegs FY25 GDP growth at 6.6%, raises FY24 prediction

RCap lenders urge Hinduja Group arm to stick to resolution plan deadline

Cholamandalam General Insurance records Rs 7,598 cr gross written premium

Mphasis Q4 results: Net profit declines 3% to Rs 393 crore

Maruti Suzuki Q4 results: Net profit up 47% at Rs 3,877 cr, revenue up 19%

APSEZ's Vizhinjam Port gets nod to run as India's first transshipment hub

Basmati rice exports from India jump 22% growth in April-February

Russian central bank holds interest rates at 16%, raises inflation forecast

Shriram Finance Q4 results: Net profit rises 57% to Rs 2,021.28 crore

India-focused JVs expected from conference of entrepreneurs in Singapore


*Economic Times :*

Banks may have to slowdown loan growth in FY25: S&P

Govt says 448 infra projects hit by cost overrun of Rs 5.55 lakh cr in Oct-Dec

Trai strengthens reporting rules for telecom towers to improve service quality

Lodha to continue growing portfolio, aims to add 21,000 cr projects in FY25

Minority shareholders of ICICI Securities file lawsuit against delisting move

AdaniConneX sets benchmark with construction financing framework of $1.44 billion

Indian startup The ePlane to develop electric air taxi prototype by March 2025

India expects annual power output to grow at fastest in over a decade

Aussiebum plans to set up manufacturing facility in India

RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

Double-digit growth seen in IT sector in 2025, 2026 and 2027: DD Mishra, Gartner

Copper price tops $10,000 for first time in two years

India-Russia joint venture to manage strategic Sri Lanka airport


*Mint :*

Yes Bank Q4 Results: Net profit jumps 123% Y-o-Y to ₹452 crore, NIMs steady at 2.4%; asset quality improves

ICICI Bank Q4 Results: Net profit rises 17% to ₹10,707 crore, NII up 8% YoY

Nokia maker HMD Global open to sourcing chips from India, says top executive

HCL Tech Q4 results: Net profit at ₹3,986 crore, Attrition rate drops to 12.4%

Bajaj Holdings Q4 results: Net profit doubles YoY to ₹2716.1 crore

India allows onion exports to 6 nations despite ban on shipments

IDFC First Bank Q4 Results: Profit plunges 10% to ₹724 crore, NII rises 24%

Tata Electronics investing in high-tech machines to manufacture iPhone casing

SBI Cards & Payment Services Q4 Results : profit rise by 11.05% YOY

After US, India to sign 6G co-operation agreement with European body

Centre to allocate higher sales quota to sugar mills in May to tame prices

Go First crisis: Delhi HC tells DGCA to process applications moved by lessors

Consumer tech brand Boult to go public next year, says co-founder Varun Gupta
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Mkt. Updates :

T.me/AlliesFin

*GIFT Nifty +80 pts (22655) from last trade 22575 ,*

Nikkei clsd ,
Hangseng +87 pts ,

Dow +153.86 pts ,Nsdq +316.14 pts, S&P
+51.54 pts , Bovespa +1880 pts , Ftse +60 pts , Dax +243 pts , Cac +71 pts , Crude @ $83.20 brl (-0.65), Brent @ $88.77 brl (-0.73) , Gold @ 2344.50 (-2.70), Silver $27.21 (-0.04), Euro @ $1.071, JPY @ $158.22, INR @ 83.405


US GOVT. 10-YR YIELD : 4.66%


*Today's Corporate Action, 29 Apr Ex Date :*

BILLWIN
Right Issue of Equity Shares 
HITKITGLO
E.G.M.     


*Today's Key Results/Board Meetings, 29-Apr-24 :*
     
 ADORFO
Interim Dividend;General;Audited Results  
AURUMQuarterly Results;General;Audited Results  
BPLPHARMA
Preferential Issue of shares    
BSOFT
Quarterly Results;Audited Results;Final Dividend
CANFINHOME
Quarterly Results;General;Audited Results;Final Dividend
CCCL
Audited Results      
CNIRESLTD
Audited Results      
CSURGSU
General        
DHANFAB
General        
EMUDHRA
General;Audited Results;Final Dividend  
ENCASH
General        
FEDFINA
Audited Results      
GCCL
Audited Results      
GFSTEELS
Audited Results      
GILLETTE
Quarterly Results      
GOLDTECH
Right Issue of Equity Shares    
GUJCOTEX
Rights Issue      
GUJINTRX
Interim Dividend      
INDOSTAR
Dividend;General;Audited Results  
INERTIAST
Preferential Issue of shares    
INVIGO
Audited Results      
JSFB
Audited Results      
JUMBO
Audited Results      
KFINTECH
Audited Results;Final Dividend    
KHOOBSURAT
Right Issue of Equity Shares    
KPITTECH
Audited Results;Final Dividend    
LGBBROSLTD
Dividend;Audited Results    
OMANSH
General        
PAVNAIND
General;Preferential Issue of shares  
PNBHOUSING
Quarterly Results;General;Audited Results  
POONAWALLA
Audited Results;Final Dividend    
PVVINFRA
Stock  Split;Bonus issue    
QUESTCAP
Audited Results;Final Dividend    
ROSSARI
Audited Results;Final Dividend  
RUNGTAIR
General        
SATIN
Audited Results      
SCILAL
Audited Results;Final Dividend    
SHOPERSTOP
Quarterly Results;General;Audited Results  
SPANDANA
General;Audited Results    
SUMERUIND
General;Audited Results    
TATACHEM
General;Audited Results;Final Dividend  
TIPSINDLTD
Audited Results      
TOYAMSL
General        
TRENT
Dividend;Audited Results    
UCIL
Increase in Authorised Capital;Preferential Issue of shares
UCOBANK
Audited Results;Final Dividend    
ULTRACEMCO
Audited Results;Final Dividend    
VARDHANCFL
A.G.M.;Audited Results    
VEEFIN
Half Yearly Results;General;Audited Results
VESUVIUS
Quarterly Results


*SEC. IN F&O BAN FOR, 29-Apr-24 :*

*1. IDEA*
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Sunday 28 April 2024

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

What is your biggest FEAR in the market?

T.me/AlliesFin

Other than fundamentals and technicals, FEAR is the major driving force of the market. If there is no fear then there will not be any big movement in the price of the stock.

It's only the fear and greed which actually moves the market. So try to understand it and keep your nerves under control and calm yourself when you see your portfolio/position turns red.

I know it's very tough.. But you can try and practice it to separate yourself from the crowd.

Don't complicate your journey. Learn the basics, Stick to it and Keep it simple.

So biggest fear in the market is when there is no FEAR.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Forthcoming Events

T.me/AlliesFin

25th April: ACC, AVANTEL, BAJFINANCE, COROMANDEL, DRAGARWQ, EMBASSY, HSCL, INDUSINDBK, KIRLPNU, KPIGREEN, LTTS, LAURUSLABS, MPHASIS, NESTLEIND, OLECTRA, PRIMESECU, QUICKHEAL, SDBL, TANLA, TECHM, UTIAMC, WARDINMOBI, WENDT, ZENSARTECH to consider Dividend; Aavas Financiers, Paisalo Digital to consider Fund Raising; Bank of Maharashtra to consider Dividend & Fund Raising; Inox Wind to consider Bonus issue

26th April: ABSLAMC, ATUL, BAJAJFINSV, BAJAJHLDNG, EVEREADY, FORCEMOT, HCLTECH, LKPFIN, MAHLIFE, MARUTI, MASTEK, PAISALO, PONNIERODE, SHAKTIPUMP, SHREDIGCEM, SUPREMEIND, USHAMART, UTKARSHBNK, VSTIND to consider Dividend; Shriram Finance to consider Dividend & Fund Raising; KSB Ltd to consider Stock Split; Dipna Pharmachem to consider Bonus issue & Stock Split; Motilal Oswal Financial Services to consider Bonus issue; Ami Organics to consider Fund Raising

27th April: CRAFTSMAN, ICICIBANK, L&TFH, SESHAPAPER, SPORTKING to consider Dividend; ICICI Bank, SBFC Finance, IDFC First Bank to consider Fund Raising

29th April: BSOFT, EMUDHRA, KFINTECH, KPITTECH, LGBBROSLTD, PNBGILTS, POONAWALLA, TATACHEM, TRENT, ULTRACEMCO to consider Dividend; PNB Housing Finance, Spandana Sphoorty Financial, Tata Chemicals, Aion-Tech Solutions to consider Fund Raising; Can Fin Homes, IndoStar Capital Finance, UCO Bank to consider Dividend & Fund Raising

30th April: CYBERTECH, DENORA, EXIDEIND, IOC, MGEL, SONACOMS to consider Dividend; Worth Investment & Trading to consider Stock Split; Cholamandalam Investment and Finance to consider Dividend & Fund Raising

01st May: AMBUJACEM, ORIENTCEM to consider Dividend;

02nd May: BLUESTARCO, CEATLTD, COALINDIA, COFORGE, DABUR, INDPRUD to consider Dividend; Ugro Capital to consider Fund Raising; Privi Speciality Chemicals to consider Dividend & Fund Raising

03rd May: APTUS, CARBORUNIV, TATATECH to consider Dividend;

04th May: CDSL, KANSAINER, KOTAKBANK to consider Dividend; Rollatainers to consider Fund Raising.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Saturday 27 April 2024

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

FIVE BEST SENTENCES

T.me/AlliesFin

1. You cannot legislate the poor into prosperity, by legislating the wealthy out of prosperity.

2. What one person receives without working for, another person must work for without receiving.

3. The government cannot give to anybody anything that the government does not first take from somebody else.

4. You cannot multiply wealth by dividing it.

5. When half of the people get the idea that they do not have to work, because the other half is going to take care of them, and when the other half gets the idea that it does no good to work, because somebody else is going to get what they work for, that is the beginning of the end of any nation!

Can you think of a reason for not sharing this?

Neither could I.

Like Share
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

Friday 26 April 2024

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*News Headlines from Business News Agencies :*

*Business Standard :*

SBI General Insurance result: Net profit jumps 28% to Rs 240 cr in FY24

Coromandel International Q4 results: Profit falls 35% to Rs 160 crore

Happiest Minds to acquire Noida-based PureSoftware for $94.5 million

Welspun Living Q4 results: Net Profit increases 16% to Rs 146 crore

Mumbai realty sees 38% increase in property registration in Q1 2024: Report

Hyundai Motor's Q1 profit drops 2.4%, hurt by weak domestic sales

Senate passes bill forcing ByteDance to divest TikTok's US ops or face ban

Q1 results: BNP Paribas beat estimates as lower costs offset trading slump

Comm min working on infra to achieve $1 tn exports by 2030: Official

FSSAI collects samples of Nestle Cerelac's baby cereals amid sugar row

Despite uncertainties, services exports grow 11.4% in 2023: UNCTAD report

EU flagged cancer-causing chemicals in 527 Indian food products: Report


*Economic Times :*

Vedanta Q4 Results: Net profit drops 27% YoY to Rs 1,369 crore

Embassy REIT's Q4 Results: Net operating income up 13% to Rs 766 cr

Glenmark Life Q4 Results: Net profit dips 33% to Rs 98 crore

Telcos need to invest in AI, large apps need to share revenue: COAI

Cred launches offline QR code-based ‘scan and pay’ payments

Puravankara arm Provident Housing raises Rs 1,150 crore from HDFC Capital

ITC plans to open more hotels overseas: Sanjiv Puri

Radisson Hotel Group expands portfolio with Svelte Delhi, to be operational by Q3 2024

FlashAid raises $2.5 million in funding round led by Piper Serica Angel Fund, SOSV

Hyundai plans to scale up production capacity, introduce more EVs in India

Godrej Electricals & Electronics secures orders worth over Rs 1,000 cr in FY'24

Kolkata records 17% Y-o-Y surge in property registrations in March 2024


*Mint :*

IndusInd Bank Q4 Results: Net profit increases 15% YoY ₹2,346 crore

Tech Mahindra Q4 Results: Net profit at ₹661 crore, revenue at ₹12,871 crore

Nestle India Q1 net profit rises 27% to ₹934 crore, revenue up 9% YoY

IndiGo places order for 30 Airbus A350 aircraft

Lenskart in talks for $200mn funds from Temasek, Fidelity, eyeing $5bn valuation

JioCinema announces new ad-free premium plan for ₹29 a month

JNK India IPO subscribed 26.81 times on the last day of bidding process

Audi to raise prices of cars in India by 2 per cent from June 2024: Report

Improved US biotech funding to aid FY25 growth- Jonathan Hunt, MD & CEO, Syngene

Swiggy gets shareholder approval for $1.2 billion IPO: Report

Govt allows sugar mills to use existing stocks of B heavy molasses for ethanol

India's oil imports from Russia drops in Feb, Saudi Arabia 2nd largest supplier

T.me/AlliesFin
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

Bharat India Daybook Stocks in News *ABSL AMC:* Net profit up 53.7% at ₹208.4 cr vs ₹135.6 cr, Revenue up 23.1% at ₹365.6 cr vs ₹297 cr (...