Financial Freedom

25/10/2020

05/03/2020

Coronavirus affects worldwide Economic.
Since February 19th world stock market lost $7 trillion.

02/09/2018

HAPPY JANMASHTAMI .May God krishna blessed all of you.

21/08/2018

Torrent Pharma: Company recalls 16 lots of Valsartan tablets, as the API is sourced from Chinese company Zhejiang Huahai Pharmaceutical (the company whose Valsartan API contains carcinogenic material) – Sentimentally negative.

Apollo tyres: The Kerala floods have impacted the company’s plants located at Perambra and Kalamassery and the production loss due to this natural calamity is ~1,500 MT as of now (translates into revenue loss of Rs 35-40 cr). While the impact is insignificant as of now, it could be negative if the production is impacted for an extended period of time. We would keenly watch the production resumption once the floods recede.

Maruti Suzuki: Launches the facelift of Ciaz with a bigger petrol engine and the next generation smart hybrid system; priced in the range of Rs 8.19 lakhs to 10.97 lakhs – Positive…..(details in other news)

Varun Beverages: Jubilant Food-Works (JFL) could swap Coca-Cola for PepsiCo to build its business for the next phase of growth; beverage deals are seen as significant opportunities for sampling and consumer connect - positive read through for PepsiCo India and Varun Beverages (take cares of 51% of PepsiCo India’s sales)

TCS: Simonelli Innovation LLC sues TCS for IP infringement in US – this kind of lawsuit has earlier been filed on TCS as well as other IT companies - sentimentally negative read-thru

20/08/2018

The Most affected stocks due to kerala floods are-
APOLLO TYRE
CEAT TYRE
JK TYRE
MRF TYRE
WONDERA HOLIDAY
SOUTH INDIA BANK
FEDERAL BANK
MUTHOOT FINANACE
MUTHOOT CAPITAL
MANNAPURAM
RATNAMI
BALKRISHNA.
BPCL
V GUARD
RMACO CEMENT
JK CEMENT
note(Kerala accounts for 85% of domestic rubber production and there has been no tapping in the last 15-20 days. The association expects the fall in the production to shoot up prices and they are expecting rubber prices to hit Rs 140/kg in the near term (CMP of Rs 132/kg). Domestic tyre companies procure about 40% of the natural rubber domestically and natural rubber forms about 40% of overall raw material costs)😥😥

13/04/2018

Reliance Industries (RIL): JioMoney, the PPI wallet offered by Jio Payments Bank, has enabled integration of Sodexo Meal Cards with a user’s JioMoney account to allow mobile-based payments via Sodexo Meal Card. JioMoney & Sodexo collaboration is expected to enable digital transactions across retail point of sales like grocery stores, restaurants and cafeterias - neutral read through for RIL.

13/04/2018

Tata Motors: Has launched a refreshed version – Tata Ace Gold priced at Rs 3.75 Lakh with an aim to further strengthen its leadership position in mini truck

13/04/2018

Fortis Healthcare Limited: Company has received an offer from Hero Enterprise Investment Office ('Hero' or 'Munjals') and Burman Family Office ('Burmans') with a proposal to invest INR 1,250 crores into the Company through Preferential Allotment Route (i.e. Rs. 500 Crore binding offer immediately and Rs. 750 Crore post diligence to be completed within three weeks), subject to certain conditions as mentioned in the offer letter. The said proposal is under evaluation by the Company – Stock to remain in focus.

13/04/2018

Ultratech, Dalmia Bharat, Binani Industries: Supreme Court refused to allow out-of-court settlement for Binani Cement as per media reports. The development is positive for Dalmia Bharat while neutral for Ultratech.