Stock To Watch
Tata Steel Long Products: The company accepted the Letter of Award for acquisition of Neelachal Ispat Nigam. It will acquire acquire 93.71% equity stake in Neelachal Ispat Nigam and the acquisition process is likely to be completed within the next couple of months.
NHPC: The company has signed a letter of intent with Rajasthan Renewable Energy Corporation for development of 10,000 MW Renewable Energy Projects/ Parks in Rajasthan.
Nuvoco Vistas: The company will augment cement volumes availability by 2.4 MTPA through key project including upgrading Bhiwani Blending Unit to a Grinding Unit. The company will set up alternate fuel material handling facilities at Risda and Nimbol Cement plants with capex of Rs 50 crore. It will also venture in a Greenfield expansion of 6,000 TPDclinker capacity at Gulbarga in Phase - I with the architecture for higher capacity. The capex for Phase-I of the project is Rs1,500 crore.
Lupin: The company has entered d into a distribution agreement .
Tata Steel Long Products: The company accepted the Letter of Award for acquisition of Neelachal Ispat Nigam. It will acquire acquire 93.71% equity stake in Neelachal Ispat Nigam and the acquisition process is likely to be completed within the next couple of months.
NHPC: The company has signed a letter of intent with Rajasthan Renewable Energy Corporation for development of 10,000 MW Renewable Energy Projects/ Parks in Rajasthan.
Nuvoco Vistas: The company will augment cement volumes availability by 2.4 MTPA through key project including upgrading Bhiwani Blending Unit to a Grinding Unit. The company will set up alternate fuel material handling facilities at Risda and Nimbol Cement plants with capex of Rs 50 crore. It will also venture in a Greenfield expansion of 6,000 TPDclinker capacity at Gulbarga in Phase - I with the architecture for higher capacity. The capex for Phase-I of the project is Rs1,500 crore.
Lupin: The company has entered d into a distribution agreement .
Tomorrow intraday stocks
Adani transmissions
D Mart
ONGC
Adani total gas
Tata Steel
SBI Life insurance
Grasim
M and M
NTPC
Adani transmissions
D Mart
ONGC
Adani total gas
Tata Steel
SBI Life insurance
Grasim
M and M
NTPC
πΉ *Eyes π on today*
β’ Indian consumer sentiment improves, price perceptions ease: RBI
β’ Indiaβs Central Bank Issues Guidelines on Credit Default Swaps
β’ Gold Swings Near Two-Week High on Larger-Than-Forecast Inflation
β’ Ashok Leyland to consider bond issue
β’ Yes Bank to consider early redemption of some bonds
β’ Aluminum Rally Spurs Billionaire Birla to Mull Smelter Expansion
β’ Palm Oil Reserves in Malaysia Drop to 6-Month Low on Weak Output
β’ Equity Gains Fade, Bonds Steady Ahead of CPI Data: Macro Squawk
β’ India Stocks Rise as RBI Maintains Low Rates to Boost Growth
β’ Foreign Investors Sell Net INR6.5B of Indian Equities Wednesday
β’ Global Funds Sell Net INR17.3B of India Stocks Thursday: NSE
β’ U.S. Inflation Charges Higher With Larger-Than-Forecast Gain
β’ U.S. Warns as Russia Begins Vast Military Drill: Ukraine Update
β’ Gupta Steel Business Faces Insolvency After HMRC Petitions
β’ Vodafone Rejects $13 Billion Italy Bid From Iliad, Apax
β’ 2.3 million workers lost jobs during the first wave of the pandemic: Govt: ET
β’ Renewable energy capacity addition rises 80% to 3.4 GW during December quarter: ET
β’ DGFT notifies norms for import of calcined, raw pet coke for 2022-23: PTI
β’ India to have own NCAP rating for vehicle safety standard: Mint
β’ Amara Raja Batteries (AMRJ): 3Q Net Income Misses Estimates
β’ Bharat Forge (BHFC): To Buy 26% in Avaada Mhvidarbha for INR113.8M
β’ Bharti Airtel (BHARTI): Bundles 15 Streaming Services for $2 to Lure Users
β’ Eveready (EVRIN): Restrained from selling assets, deby recast
β’ Godawari Power (GODPI): Unit Resumes Operations at Solar Power Plant
β’ Gujarat Petronet (GUJS): 3Q Net Income Beats Estimates
β’ Gujarat Pipavav (GPPV): 3Q Net Income Misses Estimates
β’ Hindalco Industries (HNDL): Evaluating expanding aluminum capacity
β’ IRB Infra (IRB): 3Q Net Income Beats Estimates
β’ Quess Corp (QUESS):3Q Net Income Beats Estimates
β’ Rashtriya Chemicals (RCF): 3Q Net Income 1.43B Rupees vs 987.1M Y/y
β’ Sun TV (SUNTV): 3Q Net Income Beats Estimates
β’ Tata Chemicals (TTCH): 3Q Net Income Beats Estimates
β’ Tata Steel Long Products (TATASLPL): Approves raising up to 133B Rupees from Tata Steel
β’ Torrent Power (TPW): Buys solar plant from Blue Diamond, Balrampur
β’ Trent (TRENT): 3Q Net Income Beats Estimates
β’ Zomato (ZOMATO): 3Q Net Loss 632M Rupees, Est. Loss 4.08B Rupees
β’ Indian consumer sentiment improves, price perceptions ease: RBI
β’ Indiaβs Central Bank Issues Guidelines on Credit Default Swaps
β’ Gold Swings Near Two-Week High on Larger-Than-Forecast Inflation
β’ Ashok Leyland to consider bond issue
β’ Yes Bank to consider early redemption of some bonds
β’ Aluminum Rally Spurs Billionaire Birla to Mull Smelter Expansion
β’ Palm Oil Reserves in Malaysia Drop to 6-Month Low on Weak Output
β’ Equity Gains Fade, Bonds Steady Ahead of CPI Data: Macro Squawk
β’ India Stocks Rise as RBI Maintains Low Rates to Boost Growth
β’ Foreign Investors Sell Net INR6.5B of Indian Equities Wednesday
β’ Global Funds Sell Net INR17.3B of India Stocks Thursday: NSE
β’ U.S. Inflation Charges Higher With Larger-Than-Forecast Gain
β’ U.S. Warns as Russia Begins Vast Military Drill: Ukraine Update
β’ Gupta Steel Business Faces Insolvency After HMRC Petitions
β’ Vodafone Rejects $13 Billion Italy Bid From Iliad, Apax
β’ 2.3 million workers lost jobs during the first wave of the pandemic: Govt: ET
β’ Renewable energy capacity addition rises 80% to 3.4 GW during December quarter: ET
β’ DGFT notifies norms for import of calcined, raw pet coke for 2022-23: PTI
β’ India to have own NCAP rating for vehicle safety standard: Mint
β’ Amara Raja Batteries (AMRJ): 3Q Net Income Misses Estimates
β’ Bharat Forge (BHFC): To Buy 26% in Avaada Mhvidarbha for INR113.8M
β’ Bharti Airtel (BHARTI): Bundles 15 Streaming Services for $2 to Lure Users
β’ Eveready (EVRIN): Restrained from selling assets, deby recast
β’ Godawari Power (GODPI): Unit Resumes Operations at Solar Power Plant
β’ Gujarat Petronet (GUJS): 3Q Net Income Beats Estimates
β’ Gujarat Pipavav (GPPV): 3Q Net Income Misses Estimates
β’ Hindalco Industries (HNDL): Evaluating expanding aluminum capacity
β’ IRB Infra (IRB): 3Q Net Income Beats Estimates
β’ Quess Corp (QUESS):3Q Net Income Beats Estimates
β’ Rashtriya Chemicals (RCF): 3Q Net Income 1.43B Rupees vs 987.1M Y/y
β’ Sun TV (SUNTV): 3Q Net Income Beats Estimates
β’ Tata Chemicals (TTCH): 3Q Net Income Beats Estimates
β’ Tata Steel Long Products (TATASLPL): Approves raising up to 133B Rupees from Tata Steel
β’ Torrent Power (TPW): Buys solar plant from Blue Diamond, Balrampur
β’ Trent (TRENT): 3Q Net Income Beats Estimates
β’ Zomato (ZOMATO): 3Q Net Loss 632M Rupees, Est. Loss 4.08B Rupees
Analysts/Investors Meeting
India Cements: The company's officials will meet investors and analysts on February 11 to discuss financial results.
Bajaj Finserv: The company's officials will meet institutional investors and analysts on February 11 to discuss financial results.
Gujarat Pipavav Port: The company's officials will meet investors and analysts on February 11 to discuss financial results.
Sarda Energy & Minerals: The company's officials will meet Axis Securities on February 11.
Jindal Stainless: The company's officials will attend Edelweiss India Conference 2022, India 2025 - The New Edge on February 11.
GR Infraprojects: The company's officials will meet investors on February 14 to discuss financial performance.
Hinduja Global Solutions: The company's officials will meet investors and analysts on February 14 to discuss financial performance.
Shree Pushkar Chemicals & Fertilisers: The company's officials will interact with analysts and institutional investors on February 15.
Mrs Bectors Food Specialities: The company's officials will meet investors and analysts on February 15 to discuss financial results.
Ashiana Housing: The company's officials will meet investors and analysts on February 15 to discuss financial results.
India Cements: The company's officials will meet investors and analysts on February 11 to discuss financial results.
Bajaj Finserv: The company's officials will meet institutional investors and analysts on February 11 to discuss financial results.
Gujarat Pipavav Port: The company's officials will meet investors and analysts on February 11 to discuss financial results.
Sarda Energy & Minerals: The company's officials will meet Axis Securities on February 11.
Jindal Stainless: The company's officials will attend Edelweiss India Conference 2022, India 2025 - The New Edge on February 11.
GR Infraprojects: The company's officials will meet investors on February 14 to discuss financial performance.
Hinduja Global Solutions: The company's officials will meet investors and analysts on February 14 to discuss financial performance.
Shree Pushkar Chemicals & Fertilisers: The company's officials will interact with analysts and institutional investors on February 15.
Mrs Bectors Food Specialities: The company's officials will meet investors and analysts on February 15 to discuss financial results.
Ashiana Housing: The company's officials will meet investors and analysts on February 15 to discuss financial results.
*Russia Headlines Overnight*
- PBS: U.S. expects Russian invasion of Ukraine to begin next wk
- Bloomberg: U.S. sees signs of Russia escalation, which can occur at any time
- Russia & Belarus began joint military exercises
- D. Kozak, aide to Putin- situation is a 'stalemate'
- PBS: U.S. expects Russian invasion of Ukraine to begin next wk
- Bloomberg: U.S. sees signs of Russia escalation, which can occur at any time
- Russia & Belarus began joint military exercises
- D. Kozak, aide to Putin- situation is a 'stalemate'
In its biggest bank fraud case, the CBI has booked ABG Shipyard Ltd and its then Chairman and Managing Director Rishi Kamlesh Agarwal along with others for allegedly cheating a consortium of banks led by State Bank of India of over Rs 22,842 crore, officials said Saturday.
Besides Agarwal, the agency has also named the then Executive Director Santhanam Muthaswamy, Directors Ashwini Kumar, Sushil Kumar Agarwal and Ravi Vimal Nevetia and another company ABG International Pvt Ltd for alleged offences of criminal conspiracy, cheating, criminal breach of trust and abuse of official position under the IPC and the Prevention of Corruption Act, they said.
Besides Agarwal, the agency has also named the then Executive Director Santhanam Muthaswamy, Directors Ashwini Kumar, Sushil Kumar Agarwal and Ravi Vimal Nevetia and another company ABG International Pvt Ltd for alleged offences of criminal conspiracy, cheating, criminal breach of trust and abuse of official position under the IPC and the Prevention of Corruption Act, they said.
'ABG Shipyard financed under by #ICICIBank led consortium of over 24 lenders', says #SBI in a statement issued on #ABGShipyard
STOCKS in ACTION 14 Feb
ππ βΉοΈπ
πNandan Denim Limited Board recommends 2:1 Bonus Issue
πVishwaraj Sugar Industries Ltd Board to consider Rights Issue
πMagellanic Cloud to raise Rs. 250 crores through preferential issue
πSapphire Foods: has approved merger of Gamma Pizzakraft and Gamma Pizzakraft (Overseas) with the company with appointed date as April 1, 2022
πDr. Reddyβs Laboratories: entered into an exclusive sales and distribution agreement with Novartis India Ltd. for Voveranβthe Calcium range and Methergine in India
πS E Power Ltd commissions solar power plant of 800 KW
πBirla Corporation: subsidiary RCCPLβs first white cement-based wall putty plant was inaugurated at Maihar, Madhya Pradesh, with annual production capacity of almost 2 crore tonnes.
πLinde India Ltd to set up onsite ASU at ESL's Bokaro Steelworks
πFrontline Corporation Limited signs agreement for transportation of goods
πALKEM licenses technology from Harvard University, aiming to treat ischemic injurv and vascular diseases
πManali Petrochemical Ltd to set up new unit in Germany
πGodawari Green Energy resumes operations of 50MW solar power plant
πShilpa Biologicals partners with Mylab
πQuess Corp signs agreement to acquire Heptagon Technologies
πAGI Infra Ltd receives permission for change of land use
πKarur Vyasa: The bank has amended repo-linked external benchmark rate from 7.05% to 7.15%, effective Feb. 14
πBank of Baroda acquires Union Bank of India's 21% stake IndiaFirst Life Insurance
πEKI Energy: has acquired 51% stake in Glofix Advisory Services for an aggregate amount of Rs 43,68,150. The
πTorrent Power acquires 25 MW Solar Power Plant from Blue Daimond Properties Pvt Ltd and Balrampur Chini Mills Limited
πGoa Carbon announces temporary shutdown of Goa unit
Good results
πMaithan Alloys Ltd
πExcel Industries Ltd
πSri Nachammai Cotton
πGujarat Containers Ltd
πAllcargo Logistics
πMirza International Ltd
πAimco Pesticides Ltd
πTGV Sraac Ltd
ππ βΉοΈπ
πNandan Denim Limited Board recommends 2:1 Bonus Issue
πVishwaraj Sugar Industries Ltd Board to consider Rights Issue
πMagellanic Cloud to raise Rs. 250 crores through preferential issue
πSapphire Foods: has approved merger of Gamma Pizzakraft and Gamma Pizzakraft (Overseas) with the company with appointed date as April 1, 2022
πDr. Reddyβs Laboratories: entered into an exclusive sales and distribution agreement with Novartis India Ltd. for Voveranβthe Calcium range and Methergine in India
πS E Power Ltd commissions solar power plant of 800 KW
πBirla Corporation: subsidiary RCCPLβs first white cement-based wall putty plant was inaugurated at Maihar, Madhya Pradesh, with annual production capacity of almost 2 crore tonnes.
πLinde India Ltd to set up onsite ASU at ESL's Bokaro Steelworks
πFrontline Corporation Limited signs agreement for transportation of goods
πALKEM licenses technology from Harvard University, aiming to treat ischemic injurv and vascular diseases
πManali Petrochemical Ltd to set up new unit in Germany
πGodawari Green Energy resumes operations of 50MW solar power plant
πShilpa Biologicals partners with Mylab
πQuess Corp signs agreement to acquire Heptagon Technologies
πAGI Infra Ltd receives permission for change of land use
πKarur Vyasa: The bank has amended repo-linked external benchmark rate from 7.05% to 7.15%, effective Feb. 14
πBank of Baroda acquires Union Bank of India's 21% stake IndiaFirst Life Insurance
πEKI Energy: has acquired 51% stake in Glofix Advisory Services for an aggregate amount of Rs 43,68,150. The
πTorrent Power acquires 25 MW Solar Power Plant from Blue Daimond Properties Pvt Ltd and Balrampur Chini Mills Limited
πGoa Carbon announces temporary shutdown of Goa unit
Good results
πMaithan Alloys Ltd
πExcel Industries Ltd
πSri Nachammai Cotton
πGujarat Containers Ltd
πAllcargo Logistics
πMirza International Ltd
πAimco Pesticides Ltd
πTGV Sraac Ltd
π1
Market will start with Weak opening, many factors have negative impact like
1. Crude moving above $95,
2. Tension between Russia and Ukraine,
3. Global market also down 2% from last nifty closing.
4. ABG Shipyard News ( overall this is not big news as many banks have already adjusted the NPA in last 3-4 Years).
1. Crude moving above $95,
2. Tension between Russia and Ukraine,
3. Global market also down 2% from last nifty closing.
4. ABG Shipyard News ( overall this is not big news as many banks have already adjusted the NPA in last 3-4 Years).
INTRADAY WATCH TODAYπ
1-ONGC/OIL/HOEC
2-ASIAN PAINT/BERGER PAINT/INDIGO PAINT
3-SBI LIFE/MAX FIN/HDFC LIFE /ICICI PRU
4-THYROCARE/METROPOLIS/GLENMARK
5-ASHOK LEYLAND
6-VOLTAS
7-MUTHOOT FIN
8-TCS
9-ICICI BANK/SBI/IDBI BK/BoB/PNB/IOB/BK OF INDIA
10-DR REDDY'S/NOVARTIS
1-ONGC/OIL/HOEC
2-ASIAN PAINT/BERGER PAINT/INDIGO PAINT
3-SBI LIFE/MAX FIN/HDFC LIFE /ICICI PRU
4-THYROCARE/METROPOLIS/GLENMARK
5-ASHOK LEYLAND
6-VOLTAS
7-MUTHOOT FIN
8-TCS
9-ICICI BANK/SBI/IDBI BK/BoB/PNB/IOB/BK OF INDIA
10-DR REDDY'S/NOVARTIS
Swing trading
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Pertronet LNG 1D
Entry - 225 above day candle close at 3:20 buy only
Stoploss - 215
Target 1 - 244
Target 2 - 250
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Pertronet LNG 1D
Entry - 225 above day candle close at 3:20 buy only
Stoploss - 215
Target 1 - 244
Target 2 - 250
Swing trading
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Mahindra CIE auto 1D
Entry - 212 above day candle close at 3:20 buy only
Stoploss - 200
Target 1 - 235
Target 2 - 265
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Mahindra CIE auto 1D
Entry - 212 above day candle close at 3:20 buy only
Stoploss - 200
Target 1 - 235
Target 2 - 265
Swing trading
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Biocon 1D
Entry - 404 above day candle close at 3:20 buy only
Stoploss - 385
Target 1 - 441
Target 2 - 473
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Biocon 1D
Entry - 404 above day candle close at 3:20 buy only
Stoploss - 385
Target 1 - 441
Target 2 - 473