Tax Talker's Share Analysis & Updates

05/07/2022

*News Headline from Leading Financial News Papers, Tuesday, 05 July, 2022*

• Corrtech International gets Sebi's go ahead to float IPO

• 67 companies ready to launch IPOs but global factors play spoilsport

• Kellogg loses UK fight to block ban on sugary cereal promos

• CARE Hospitals Acquires CHL Hospitals, Indore

• Suzuki Motorcycle launches 'Katana' at Rs 13.61 lakh

• Bajaj Auto begins Rs 2,500 crore share buyback

• Now, value retailers experience slackening demand due to inflation

• Gujarat, Karnatka among best states in providing strong ecosystem for startups: DPIIT ranking

• Renault Kiger hits 50,000 units production milestone

• Kinetic Green Energy partners with Cholamandalam Investment for EV financing

• APSEZ cargo handling grows 8% to record 90 MT in April-June quarter

• Unicommerce plans to add 800 warehouses this fiscal

• RBI launches next round of survey of manufacturing companies

• Gold slips as interest rate expectations sap appeal

• PM Modi to visit Varanasi on July 7; to inaugurate, lay foundation stone of Rs 1,800-crore projects

• Govt to stick to 6.4% fiscal deficit target, taking steps to address high oil prices: Reports

• PACS may be allowed to sell petroleum products, run PDS shops

• Maharashtra govt to reduce VAT on fuel: Eknath Shinde

• Highest 28% GST on luxury, sin goods to continue: Revenue Secretary

• Govt directs steel industry to draw time-bound action plan to lower CO2 emissions

• Without reforms, India will grow too slowly for its own good, says Raghuram Rajan

• HDFC Bank receives RBI nod for merger with HDFC

• ED attaches land, houses worth over Rs 137 crore in Bengaluru as part of money laundering probe

• Tata Motors aims to sell 50,000 EVs in this fiscal year

• Fine by US court on TCS in Epic Systems case halved to $140 million

• Syngenta India gets govt nod to spray fungicide using drones

• Centre unsure about Vedanta, Foxconn's chip-making abilities?

• States urged to seize space vacated by China

• JPMorgan, Deutsche to give Gift City a big boost

• Fear over new Covid variant found in India

• June exports up 16.8%, Trade deficit at $25.63 bn

• Boosting agri ties: India, Russia sign MoU for commercialisation of biocapsule

• Finance ministry to hold first Arun Jaitley Memorial Lecture on July 8

• Australia announces commitment of A$5.8 million for Critical Mineral partnership with India

• Power plants can now sell surplus outside PPAs

• KEC International aims to double civil contracts business to Rs 4,000 crore in FY23

• Restaurants, bars to boost investments to feed demand

• Indian EV market grown faster than Hyundai's expectations: Hyundai India MD

• Vedanta-Foxconn JV told to give info on chip expertise

• Go First grounds over a fifth of its planes on engine shortage

• NDR Warehousing to invest over Rs 2,000 crore to expand assets portfolio in 2 years

• RBI imposes Rs 1.05 cr penalty on Kotak Mahindra Bank

• Titan says mid-term outlook for jewellery division positive, looking to expand Tanishq stores to global markets

• Panel proposes capital grants for carbon capture, storage projects

• Tata Steel to work 'expeditiously' to restart NINL, expand capacity to 10 MT by 2030

• Sanofi launches global health brand, to offer 30 meds on non-profit basis

17/06/2022

14/06/2022

Changes In Lot Size For F&O

01/06/2022

Maruti May vehicle sales at 161413 unis (up 7.1% Month on Month) while YoY growth at 185% – expectation 162097 unit – inline with estimates

01/06/2022

Registration of properties in Mumbai city up 78pc in May at 9,523 units – Positive for Oberoi Realty, Godrej Property, Lodha
· Expects positive for Mumbai based realty stocks like Lodha, Oberoi Realty, Godrej Property after the news that the registration of properties in Mumbai municipal area rose by 78 per cent year-on-year to 9,523 units during this month, according to property consultant Knight Frank India. As many as 5,360 properties were registered in Mumbai city (BMC area) during May 2021.
· The registration data is for properties bought in both primary and secondary (re-sale) market.
· "May 2022 recorded property sale registration of 9,523 units denoting a 78 per cent Y-o-Y rise. The substantial rise comes on the back of low sales registrations recorded in May 2021 as the month was laced in lockdown due the impact of 2nd wave of Covid-19," Knight Frank said in a statement.

01/06/2022

M&M May Tractor sales at 35722 unit (up 48% YoY) – Expectation 38211 unit. Total vehicle sales at 89448 unit (up 3.3% QoQ) – expectation 84568 unit

01/06/2022

Tata Motor reported May auto sales at 74755 unit, up 186% (YoY), UP BY 5.2% Month on Month – expectation 74859 unit – Ahead of expectation