*SilverMic Buy @67970*
*Target1* 68388
*Target2* 68630
*Target3* 69242
*SL* 67762
Wednesday 2 March 2022
Thursday 17 February 2022
Business News Headlines 17.02.2022
*Economic Times*
Ø Mankind Pharma to acquire 2 brands from DRL
Ø Vi appoints SBI cap to negotiate loan recast of up to ₹23kcr
Ø NSE co-location case: Sebi penalises Adroit Financial Services, Silver Stream Equities
Ø NSE-BSE bulk deals: McKinley Capital buys 2.66 lakh shares of Mawana Sugars
Ø NATO says Russia still adding troops to military build-up around Ukraine
Ø Tata Sons' board likely to induct new members
Ø Indian economy on revival despite unsettling global developments, RBI paper says
Ø January exports rise 25.2% at $35 billion, imports jump 23.5% to $52 billion
Ø India Jan oilmeal export dips 65% to 1.76 lakh tonnes: SEA
Ø BSE collaborates with 4 regional associations to promote EGRs, International Bullion Exchange
Ø LIC has fair chance inclusion in MSCI index
Ø JPMorgan calls for regulatory quick fix for crypto hedging
*Business Standard*
Ø India wants Tesla to buy $500-mn local auto parts for tax break: Report
Ø Google announces privacy sandbox to limit data sharing for ads on Android
Ø Air India growth vision: Tatas to spend on new planes, tech, go for revamp
Ø Energy requirements of Indians expected to double in 20 years: PM
Ø Infosys may hire more than 55,000 freshers in FY23: CEO Salil Parekh
Ø IMF sees inflation as 'significant risk'
Ø Corporate performance: India Inc's profit rises 27% in third quarter
Ø Logistics firm TVS Supply Chain seeks regulatory approval to launch IPO
Ø Sebi bars Reliance Home Finance, Anil Ambani, 3 others from securities mkt
Ø Axis Bank set to buy Citigroup's India retail unit for $2.5 bn: Report
Ø Supreme Court asks Future Retail to move Delhi HC on NCLT proceedings
*Financial Express*
Ø ATF prices climb to record high after 5.2% hike
Ø LIC sees dip in policy issuance due to pandemic
Ø Govt releases draft MSME policy; proposes 8 ‘action areas’ to overhaul the sector
Ø Finance minister asks Sebi to initiate next-generation reforms
Ø German economy shrank 0.7% in fourth quarter amid Covid-19 resurgence
Ø LIC listing being fast-tracked: Dipam secretary Tuhin Kanta Pandey
Ø Sebi’s SCORES platform receives 3,420 complaints in Jan; fixes 3,263
Ø DPIIT to soon approach Cabinet on FDI proposal for LIC: Secretary
Ø ‘Proposal to replace old SEZ law both timely and important’
Ø Govt prepared to deal with any global development: FM Sitharaman
Ø RBI to enhance VRR cap for foreign investors by Rs 1 lakh from April 1
Ø Cogent E-Services files draft papers with Sebi to mop-up funds via IPO
Friday 11 February 2022
Thursday 10 February 2022
Sundaram Fast reports Q3 earnings
*Sundaram Fast reports Q3 earnings*
▶️Net profit down 24.3% at ₹108 cr vs ₹142.6 cr (YoY)
▶️Revenue up 8.9% at ₹1,207.5 cr vs ₹1,108.6 cr (YoY)
▶️EBITDA down 17.1% % at ₹190.9 cr vs ₹230.3 cr (YoY)
▶️EBITDA margin at 15.8% vs 20.7% (YoY)
Sundram Fasteners Limited : Board declared Interim Dividend of 6.45 per equity share.
Wednesday 9 February 2022
Results Today:09.02.2022
** Power Grid Corporation of India, Tata Power, ACC, Bosch, FSN E-Commerce Ventures (Nykaa), Aurobindo Pharma, Berger Paints, 3i Infotech, Abbott India, Aries Agro, BASF India, Bharat Bijlee, DCB Bank, Engineers India, Entertainment Network (India), Finolex Cables, GMR Infrastructure, HEG, Indiabulls Housing Finance, Jindal Stainless (Hisar), Lumax Auto Technologies, Nuvoco Vistas Corporation, Paras Defence and Space Technologies, Patel Engineering, Petronet LNG, Procter & Gamble Health, Hitachi Energy India, Prestige Estates Projects, Pricol, SAIL, Solara Active Pharma Sciences, Spencers Retail, Sundaram-Clayton, Talbros Automotive Components, TTK Healthcare, and Welspun Specialty Solutions
Monday 7 February 2022
Stocks in News. 07.02.2022
*City Union Bank* : The bank reported higher profit at Rs 196.11 crore in Q3FY22 against Rs 169.93 crore in Q3FY21, net interest income rose to Rs 489.97 crore from Rs 489.05 crore YoY.
*Minda Corporation:* The company reported higher profit at Rs 69.9 crore in Q3FY22 against Rs 49.5 crore in Q3FY21, revenue fell to Rs 738.3 crore from Rs 739.8 crore YoY.
*Shree Cement:* The company reported lower profit at Rs 482.70 crore in Q3FY22 against Rs 631.58 crore in Q3FY21, revenue rose to Rs 3,637.11 crore from Rs 3,557.21 crore YoY.
*Tata Steel* : The company reported sharply higher profit at Rs 9,572.67 crore in Q3FY22 against Rs 3,697.22 crore in Q3FY21, revenue jumped to Rs 60,783.11 crore from Rs 41,935.21 crore YoY.
*CMS Info Systems:* The company clocked strong profit at Rs 60.24 crore in Q3FY22 against Rs 40.7 crore in Q3FY21, revenue climbed to Rs 403.65 crore from Rs 332.53 crore YoY.
*InterGlobe Aviation* : The company recorded profit at Rs 129.78 crore in Q3FY22 against loss of Rs 620.14 crore in Q3FY21, revenue jumped to Rs 9,294.77 crore from Rs 4,909.98 crore YoY.
*Cipla* : Kedar Upadhye has resigned from the position of Global Chief Financial Officer of the company to pursue his professional aspirations beyond pharmaceutical and healthcare sector.
*FDC* : The company on February 9, will consider the proposal for buyback of shares
Sunday 23 January 2022
Results on January 24
Axis Bank, HDFC Asset Management Company, Apollo Pipes, Apollo Tricoat Tubes, Burger King India, Cera Sanitaryware, Chennai Petroleum Corporation, Craftsman Automation, Deepak Nitrite, Greenpanel Industries, GRM Overseas, Hindustan Fluorocarbons, Indian Energy Exchange, IIFL Securities, IndiaMART InterMESH, Kirloskar Ferrous Industries, Mahindra EPC Irrigation, Meghmani Finechem, Quick Heal Technologies, Music Broadcast, The Ramco Cements, Reliance Home Finance, SBI Cards and Payment Services, Shemaroo Entertainment, Shiva Cement, Shriram Transport Finance, Steel Strips Wheels, Sudarshan Chemical Industries, Supreme Industries, and Zensar Technologies will release quarterly earnings on January 24.
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