Rudra Shares & Stock Brokers

30/05/2023

Good Morning
News Headline from Leading Financial News Papers, Compiled by 𝐑𝐔𝐃𝐑𝐀 𝐒𝐇𝐀𝐑𝐄𝐒
Tuesday, 30 May, 2023

• Aiming for double digit production growth in FY24: MOIL

•Cost factors will make it hard for the RBI to turn its pause into a pivot

• Clean Science declines after block deal in over 4 million shares

•ICICI Lombard shares surge as ICICI Bank approves stake increase

• ONGC gears up for Rs 1-lakh-crore green power push to reach 10 GW capacity by 2030

• FAME electric two-wheeler beneficiary tally slashed

• Corporate realtors see high value in plotted developments, holiday homes

• Retailers may soon be asked to not demand customer phone numbers

• PFC Corp to boost loans to renewable projects

• Local steel prices may fall further on China exports

• Adani Transmission Q4 Results: Net profit soars 70% ; revenue up 17%

• Street cheers SAIL's capex plans, guidance

• M&M stock likely to retain momentum amid strong SUV show

• Sensex rises to 6-month high, briefly scales 63K

• The Aussie billionaires dreaming of green energy exports have little chance of success

• India emerges as key source country for FDI into Dubai: Report

• Power Finance Corp to boost loans to renewable projects

• Massive investment of Rs 1 lakh crore planned for airports: Jyotiraditya Scindia

• Balakrishna Industries trades down 9% as inventory challenges weigh on Q4 results

• We witnessed consumers prioritising essentials over discretionary spends: HUL MD Sanjiv Mehta

• Microfinance sector's bad loan stockpile declines to Rs 36,600 crore by March

• Bank boards, directors need to be vigilant to questionable corporate governance practices: Shaktikanta Das

• MG Motor drives in Gloster Blackstorm edition at Rs 40.29 lakh

• Political stability helping drive investments to India: Chip Bergh, CEO, Levi Strauss

• Nifty Bank at record high with 12% gains; SBI, ICICI Bank, Kotak make up 60% of index value

• Aurobindo Pharma slumpsafter weak Q4 numbers

• Bharat Heavy Electricals Ltd rallies post Q4 results; Net sales up 2% YoY

• HSBC sees no risk of a sharp decline in Indian stocks

•"Affordable Robotic gains 3.5% after announcing channel partner for its US arm

• Ahluwalia Contracts zooms 17% to record high after 62% surge in Q4 net profit

•Sundaram Finance hits 52-week highs on the back of robust Q4 results

• Greenlam Industries surges 13% on robust Q4 numbers

•Kevin McCarthy won the debt-limit deal. Joe Biden did, too

• Sebi levies Rs 15 lakh fine on an individual for violating markets norms

•Bulk Deals | Gravita India promoter sells shares worth Rs 180.8 crore

• Banks' earnings growth to remain strong YoY, but lower than FY22-FY23 levels

• Emami: Recovery in rural markets holds the key, margins likely to improve

• EaseMyTrip Q4 FY23 – Strong sector tailwinds offset heightened competitive intensity

• India reclaims 5th spot in global stock market tally with valuation of over $3.31 trillion

•Smartwatch maker in talks to raise funds to expand India push

• ONGC Videsh has less than $100 million stuck in Russia, says official

• Indian pharma must ensure compliance with global standards: Kiran Mazumdar-Shaw

• IRCTC Q4 Results: Net profit rises 30% YoY to Rs 279 crore; final dividend declared

For more details-

Rudra Shares & Stock Brokers is member of all the leading Commodity & Equity exchanges in India, serving clientele in 18 states through 225 business partners, stay tuned for all the good research calls & earn extra profit, enhance your wealth with Rudra.

26/05/2023

*🌹India Daybook – Stocks in News*

*Mrs Bector Food:* Net profit at Rs 27.6 cr Vs Rs 10 cr, Revenue up 37.1% at Rs 346 cr Vs Rs 252.3 cr (YoY) (Positive)

*Eclerx:* Net profit up 11.6% at Rs 132.5 cr vs Rs 119 cr, Revenue up 17.1% at Rs 693.1 cr vs Rs 591.7 cr (YoY) (Positive)

*GMM Pfaudler:* Net profit at Rs 38.5 cr Vs Rs 16 cr, Revenue up 23.8% at Rs 866 cr Vs Rs 699.4 cr (YoY) (Positive)

*Healthcare Global:* Net profit up 39.7% at Rs 8.4 cr Vs Rs 6 cr, Revenue up 21.2% at Rs 441 cr Vs Rs 364 cr (YoY) (Positive)

*ITD Cem:* Net profit at Rs 37.8 cr Vs Rs 16.4 cr, Revenue up 39% at Rs 1,631.4 cr Vs Rs 1,173.8 cr (YoY) (Positive)

*Medplus:* Net profit at Rs 26.5 cr Vs Rs 11.7 cr, Revenue up 29.7% at Rs 1,253 cr Vs Rs 966 cr (YoY) (Positive)

*AIA Eng:* Net profit up 37.8% at Rs 268.2 cr Vs Rs 195 cr, Revenue up 16.5% at Rs 1,273.6 cr Vs Rs 1,093.3 cr (YoY) (Positive)

*DCM Shriram:* Net profit up 94.6% at Rs 31.5 cr Vs Rs 16 cr, Revenue down 18.2% at Rs 534.7 cr Vs Rs 654 cr (YoY) (Positive)

*Indostar:* Net profit seen at Rs 75 crore Vs Rs 36 cr, Revenue at Rs 285 cr Vs Rs 281 cr (QoQ) (Positive)

*JWL:* Net profit seen at Rs 39 crore Vs Rs 14 cr, Revenue at Rs 711 cr Vs Rs 362 cr (YoY) (Positive)

*Voltamp:* Net profit seen at Rs 77 crore Vs Rs 52 cr, Revenue at Rs 440 cr Vs Rs 387 cr (YoY) (Positive)

*Hindustan Oil:* Net profit seen at Rs 107 crore Vs Rs 37 cr, Revenue at Rs 175 cr Vs Rs 170 cr (YoY) (Positive)

*GIC RE:* Net profit seen at Rs 2563 crore Vs Rs 1795 cr, Revenue at Rs 6432 cr Vs Rs 9080 cr (YoY) (Positive)

*JSW Holding:* Net profit seen at Rs 41.5 crore Vs Rs 15.88 cr (Positive)

*Balmer:* Net profit down 5.5% at Rs 44.6 cr Vs Rs 47 cr, Revenue up 5.7% at Rs 608 cr Vs Rs 575.4 cr (YoY) (Neutral)

*Aster DM:* Net profit down 24.5% at Rs 170.8 cr Vs Rs 226 cr, Revenue up 19.6% at Rs 3,262.3 cr Vs Rs 2,727.8 cr (YoY) (Neutral)

*Vodafone Idea:* Cons net loss of Rs 6,413.8 cr Vs loss of Rs 7,990 cr, Cons revenue down 0.8% at Rs 10,531.9 cr Vs Rs 10,620.6 cr (QoQ) (Neutral)

*Prince Pipes:* Net profit up 6.7% at Rs 94.1 cr Vs Rs 88 cr, Revenue down 15.2% at Rs 764.4 cr Vs Rs 901.1 cr (YoY) (Neutral)

*Emami:* Net profit down 59.4% at Rs 144.4 cr Vs Rs 356 cr, Revenue up 8.8% at Rs 836 cr Vs Rs 768.2 cr (YoY) (Neutral)

*Harsha Engineers:* Net profit at Rs 37 crore, up 37%. Revenue from operations increased 8% to Rs 37 crore YoY. (Neutral)

*Max India:* The stock will be in focus as the board has given approval for an infusion of Rs 294 crore in its wholly owned subsidiary companies (Neutral)

*Reliance Ind:* Reliance Consumer completes acquisition of Lotus Chocolate stake (Neutral)

*Divgi Torqtransfer:* Quant Mutual Fund sold 1.63 lakh shares in the company (Neutral)

*Dredging Corp:* Net loss of Rs 14.2 cr Vs profit of Rs 1.1 cr, Revenue up 16.6% at Rs 337.2 cr Vs Rs 289.1 cr (YoY) (Negative)

*Mishra Dhatu:* Net profit down 18.3% at Rs 66.3 cr Vs Rs 81.1 cr, Revenue up 6.6% at Rs 344.6 cr Vs RS 323.3 Cr (YoY) (Negative)

*ZEE Ent:* Net loss of Rs 196 cr vs poll of Rs 51 Cr Profit, Revenue down 9.1% at Rs 2112.0 cr Vs Rs 2323 cr (YoY) (Negative)

*Radico:* Net profit down 14.8% at Rs 42.6 cr Vs Rs 50 cr, Revenue up 2.4% at Rs 831.5 cr Vs Rs 812.1 cr (YoY) (Negative)

*Shila Med:* Net loss of Rs 8.1 cr Vs profit of Rs 29.5 cr, Revenue down 22.6% at Rs 263.6 cr Vs Rs 340.6 cr (YoY) (Negative)

*Page Ind:* Net profit down 58.9% at Rs 78.4 cr Vs Rs 190.5 cr, Revenue down 12.8% at Rs 969.1 cr Vs Rs 1,111.1 cr (YoY) (Negative)

*BDL:* Net profit down 42.3% at Rs 152.7 cr vs Rs 264.4 cr, Revenue down 41.2% at Rs 796.8 cr vs Rs 1,355.8 cr (YoY) (Negative)

25/05/2023

Audited Results
WINDMACHIN
Audited Results;Final Dividend
WIREFABR
Audited Results;Dividend
XCHANGING
Audited Results
YASHCHEM
Audited Results
ZARCOLEA
Audited Results;General
ZEEL
Audited Results;Final Dividend
ZEELEARN
Audited Results
ZNILKENG
Audited Results
ZSVARAJT
Audited Results
ZSVTRADI
Audited Results
ZUARIIND
Audited Results;Final Dividend

*SEC. IN F&O BAN FOR, 25 MAY, 2023 :*

*1. IBULHSGFIN 2. DELTACORP*

*ADDITION : NIL*
*DELETION : NIL*

23/05/2023

Infosys tgt already achieved CMP 1310

22/05/2023

GM jsk stock in news Kalyan,Titan,Bel,Paytm,mother-son,pnb,boi, Zomato,welspunentp,rategain, westcoast,indigo,shreyasship. Negative stocks mcx,balajiamine,alkemlab,bandhanbk,irbinfra,vatech,jklakshmicem,spicejet. Nifty range 18050-18300.

22/05/2023

Good Morning
News Headline from Leading Financial News Papers, Compiled by 𝐑𝐔𝐃𝐑𝐀 𝐒𝐇𝐀𝐑𝐄𝐒
Monday, 22 May, 2023

• Crippling heat waves deepen Asia’s reliance on Russian energy

•Bankers prepare for a rush of Rs 2000 notes

• TCS, ITI get ₹15,700 crore advance orders for 1 lakh BSNL 4G sites

• India's engineering exports to Russia jump 11 times in April: EEPC

• India eyes start-up exchange programme with its neighbours

• India has a significant role to play in a multi-polar world: Nick Studer, CEO, Oliver Wyman Group

•JSW Steel to use entire Rs 18,000 crore fundraise to refinance debt in FY24

• Maruti Suzuki India working on various initiatives to make roads safer: Company official

•Suzuki Motorcycle expands retail footprint in Tamil Nadu

• SBI slow in procurement from GeM portal; lags behind smaller counterparts in 2022-23

• Piyush Goyal sees Rs 6,850 crore investments in MP mega textile park

• Jewellers getting more inquiries for gold after RBI withdraws Rs 2,000 notes

• FMCG makers expect sustained recovery in volume and margins with price reduction in FY24

• BPCL agrees to match Brazilian companies' bids for two VOVL Oil assets

• Royal Enfield looking to roll out uniquely differentiated electric bikes: CEO

•JSW Steel to use entire Rs 18,000 crore fundraise to refinance debt in FY24

• SECL's Gevra mine to be largest coal producing mine in Asia: Coal secretary

•TCS hike in tour packages sparks concern among cos

• China bars purchases of Micron chips in escalation of US clash

•Hydropower mega-merger proposal likely next month

•JioCinema, Voot merger in final stage as cos await IPL end

•Sebi proposes measures to contain price volatility on shares in derivative segment

•Blackstone acquires International Gemological Institute for $535 million

•Public sector banks' total profit crosses ₹1 lakh crore-mark in FY23

For more details-

Rudra Shares & Stock Brokers is member of all the leading Commodity & Equity exchanges in India, serving clientele in 18 states through 225 business partners, stay tuned for all the good research calls & earn extra profit, enhance your wealth with Rudra.

18/05/2023

*Stocks Ban For 18-05-23 (F&O) :*

1 ABFRL
2 BALRAMCHIN
3 DELTACORP
4 GNFC
5 LICHSGFIN
6 MANAPPURAM
7 PNB

Addition: ABFRL,LICHSGFIN
Deletion : NIL

18/05/2023

Good Morning
News Headline from Leading Financial News Papers, Compiled by 𝐑𝐔𝐃𝐑𝐀 𝐒𝐇𝐀𝐑𝐄𝐒
Thursday, 18 May, 2023

• Cabinet approves PLI-II for IT hardware with Rs 17,000 crore outlay

• BPCL board okays Rs 49,000 cr capex for Bina Refinery

• Pharma companies ask government to exempt cheap drugs from price control

• Dr Agarwals Eye Hospital to invest Rs 200 crore towards expansion plan

• Financial bids for Shipping Corporation of India soon; land and assets unit likely to be listed in a month

• Bank of Baroda 'well protected' for switch to RBI's new loan-loss proposal, says CEO Chadha

• Blackstone set to buy diamond grading company IGI for up to $550 million

• LIC Housing to focus on LAP, intensify its recovery efforts

• Audi India announces industry first initiative for e-tron owners

• Cabinet clears fertiliser subsidy for Kharif season

• PLI schemes for labour-intensive toys, leather sector on the cards

• Geojit Financial Services launches mobile trading platform 'FLIP'

• Wipro buyback offers arbitrage opportunities

• REC March qtr net profit zooms 31% YoY to Rs 3,001 crore

• Insolvency plea on Dish TV's promoter group company scrapped

• Sterling Oil admitted for bankruptcy

• Investments in hospitality sector on comeback trail

• Go First informs pilots of resumption from 27 May

• Supreme Court orders SpiceJet to pay settlement amount to Credit Suisse by July 18

• Falling premiums at LIC drag life insurers' income down by 30%

• E-scooters may get pricier on proposed subsidy cut

• Buyers snap up luxury cars even as prices surge to highest in 5 years

• Hinduja Group Chairman SP Hinduja dies at 87, leaves a lasting global business legacy

• Top-level exits at Flipkart: Senior execs depart amidst company reshuffling

• Only few select private banks, NBFCs would continue to sustain earnings momentum going ahead, says Atul Bhole of DSP MF

• Personal Finance: ChatGPT and co will take quite a while to match financial advisors

• BOB posts record 168% surge in quarterly profit, shares rise; brokerages bullish on the stock

• Shares of Jindal Steel & Power fall as Q4 profit slumps 79%

•Goa Carbon shares nosedive on dismal Q4 earnings show

• CreditAccess Grameen climbs on the back of 86% jump in Q4 net profit

• Triveni Turbine clocks highest ever sales, EBITDA and order booking in FY23, stock jumps.

•‘Vodafone Idea slumps after British parent values its India investment at nil

• LIC Housing Finance shares tank after muted Q4 results

• 'Amber Enterprises zooms on 82% jump in Q4 net profit, ROCE at 15%

• Mumbai’s top builders face reckoning over delayed projects and incomplete delivery

• Jubilant Foodworks Q4 net profit falls 59% on hike in raw material costs

• Fractional-realty industry welcomes Sebi oversight, but wants a "killer" provision to go

• Vedant Fashions promoter launches offer for sale to offload 9.8% stake

• Vesuvius India: Capex spend to drive earnings growth

• Coromandel International: Multiple growth opportunities at work

•Cantabil Retail India Ltd: Robust results, strong re-rating candidate

• Toyota Kirloskar commences third shift at Karnataka-based plant to enhance production, cut waiting period

• Suzlon bags 99-MW wind energy project from Vibrant Energy

• 'L&T's construction arm bags multiple EPC orders in domestic market

•Hyundai ties up with Shell to install fast chargers at 36 dealerships

• SC grants SEBI time till Aug 14 to complete probe into allegations of stock price manipulation by Adani group

• Occupancy, room rates have crossed pre-Covid levels for hotels, says Mahindra Holidays CEO

• Tips Industries eyes overseas market, bets on regional segment; Bengali music to be in focus

For more details-

Rudra Shares & Stock Brokers is member of all the leading Commodity & Equity exchanges in India, serving clientele in 18 states through 225 business partners, stay tuned for all the good research calls & earn extra profit, enhance your wealth with Rudra.

17/05/2023

Good Morning
News Headline from Leading Financial News Papers, Compiled by 𝐑𝐔𝐃𝐑𝐀 𝐒𝐇𝐀𝐑𝐄𝐒
Wednesday, 17 May, 2023

• Hero MotoCorp launches OBD-II compliant XPulse 200 4V

• Maruti Suzuki WagonR crosses 30 lakh sales mark

• Bank of Baroda now has a business model as competitive as any private bank: Sanjiv Chadha, CEO

• Proposal to blacklist ICICI Lombard sent to Maharashtra government over crop insurance delay, says Akola collector

• Bank of Baroda made provision of Rs 500 cr against GoFirst exposure

• Indian medical devices sector to emerge as global leader in manufacturing, innovation in 25 yrs: Mansukh Mandaviya

• Eveready Industries cuts number of direct distributors to 1,000 from 5,000 earlier

• Russian companies investing rupee surplus in Indian government bonds: IBA chief

• Care raises concerns over Bombay Dyeing’s ability to service debt

• Shriram Housing likely to defer $100-million share sale plan

• Max Healthcare Q4 Results: Net profit jumps 85% YoY to Rs 320 crore

• Shemaroo's Q4 Results: Net profit skyrockets 136.5% YoY to Rs. 4.8 crore

• SGX Nifty to be renamed as Gift Nifty from July 3

• Wall Street has a message for Biden & Co: Debt talks doing damage

• Tata Motors back in top gear with improving cash flows and rising sales volume

• BFSI weight in FPI assets hits 26-month high

• Adani-Hindenburg row: SC to hear PILs seeking probe today

• Banks flag high overnight rates, liquidity terms

• From retention to 'voluntary' attrition, IT rethinks strategy

• A Russian refiner's search for a JV could boost India's crude plans

• Paytm elevates Bhavesh Gupta as president and COO

• SAT Industries gains over as ace investor Ashish Kacholia picks stake

• Vesuvius scales 20% to 52-week high on robust Q4 earnings

•PVR-Inox shares decline on Q4 flop show, few takers for Hindi films

• Astral surges as Q4 net profit jumps 38% on strong operational show

• Emkay Global Financial Services tanks after Q4 losses widen to Rs 5.37 crore

•‘NGL Fine Chem soars on strong operational performance in Q4

• There is a clear shift in preference from ‘Dragon’ to ‘Elephant’: Sunil Singhania

• 'Indian Oil Q4 net profit jumps 67% to Rs 10,059 crore

• Taking Stock: Market snaps 2-day gains; Nifty below 18,300, Sensex falls 413 points

• PSU index keeps scaling new highs, auto posts strong performance: Marathon Trends' Atul Suri

• Expect EBITDA margin to sustain at 25-30% in FY24, says Meghmani Finechem CMD Maulik Patel

• Bharti Airtel Q4 net profit rises 50% to Rs 3,006 crore, beats estimates

• Sebi proposes self-sponsored REITs and InvITS

• Wall Street ends lower, Treasury yields climb as debt ceiling talks in spotlight

•Oil dips on demand worries after unexpected US crude build

• India remains a bright spot for pharma companies

• Skipper sees doubling revenue to Rs 4,000 crore in 3 years

• 'Govt appoints Anil Kumar Jain as new PNGRB chairman

•Jio-bp launches premium diesel at rates less than normal diesel sold by PSUs

• Sona Comstar inks licensing pact with Equipmake to produce EV components

• PVR INOX to delay fresh handover of screens due to volatility in box office business

• Shareholders demand removal of directors in Dish TV over governance concerns

For more details-

Rudra Shares & Stock Brokers is member of all the leading Commodity & Equity exchanges in India, serving clientele in 18 states through 225 business partners, stay tuned for all the good research calls & earn extra profit, enhance your wealth with Rudra.

16/05/2023

Good Morning
News Headline from Leading Financial News Papers, Compiled by 𝐑𝐔𝐃𝐑𝐀 𝐒𝐇𝐀𝐑𝐄𝐒
Tuesday, 16 May, 2023

• At Tatas iPhone plant in Hosur, Make in India is still a long distance dream

• Panel may ready new list of public sector banks for privatisation

• India cuts windfall tax on petroleum crude to zero

• Sebi again seeks 6-month extension from SC for probe

• HNIs eye private credit for better returns

• Fed officials favour pause to watch credit impact

• Government asks heavy equipment manufacturers to produce locally to check imports

• General Motors recalls 42,000 vehicles in Canada for air bag defect

• Proposed change to forest law will boost oil exploration

• Suzuki confident Maruti will increase India market share

• Course correction for investors amidst a funding winter: Gaurav Dalmia

• NPCC introduces CVV-less payments for tokenised cards

• World's biggest fashion brand Zara's India sales increase 40% in FY23

• Pain in new-age tech sector especially in private space yet to be over, says Unmesh Sharma of HDFC Securities

• India’s WPI inflation falls below zero in April for the first time since July 2020

• US-based Baron Capital follows Invesco, marks down Swiggy’s fair value by 34%

• Amazon implements layoffs in India as part of global workforce reductions

• ZestMoney founders resign two months after PhonePe deal falls through

• BSE takes fresh stab at reviving F&O segment with weekly options

•Rainbow Children's Medicare surges on stellar quarterly show

• We are too small to be seen as competitor in F&O segment: BSE MD & CEO

• Max Financial Services drops post disappointing Q4 results; net profit plunges 64%

•‘Tube Investments of India shares fall 4% despite healthy earnings growth in March quarter

• Real estate stocks come to party on DLF's stellar numbers; Nifty Realty zooms 4%

• 'Vascon Engineers rallies 7% after robust growth in quarterly earnings

• Nifty likely to hit 18,500 soon, Bank Nifty sees record closing high

• NSE Q4 profit up 31% at Rs 2,067 crore, board recommends dividend of Rs 80 per share

• Wall Street advances, Treasury yields rise as debt-ceiling debate rolls along

• Colgate-Palmolive India: Pricing-led growth and cut in advertisement spends

• Asian Paints: Great results do not translate into great prospects

• SpiceJet subsidiary SpiceXpress to get $100 million from UK group

•IL&FS money laundering case: ED issues fresh summons to NCP MLA Jayant Patil

• SoftBank-backed Indian startups cut costs by 50-75%, lay off over 5,000 people to weather funding winter

• Mukesh Ambani's JioCinema unveils pricing in fight with Netflix, Disney

• 'Sachin Tendulkar picks up small stake in AZAD Engineering

•Vedanta appoints Sonal Shrivastava as CFO

• India's carmakers back zero duty on limited British imports under trade deal

• Disney+Hotstar paid user base to fall further by over 10% after IPL rights loss, HBO exit

• 6,571 corporate insolvencies under IBC as of March 2023: IBBI Data

For more details-

Rudra Shares & Stock Brokers is member of all the leading Commodity & Equity exchanges in India, serving clientele in 18 states through 225 business partners, stay tuned for all the good research calls & earn extra profit, enhance your wealth with Rudra.

15/05/2023

For service and account handling contact below 👇

15/05/2023

Equity share Infy
Looks good at CMP 1257
Sl below - 1230
Tgt - 1299
3-4 days