Stock market tips

Stock market tips We will give you 95% accuracy on the basis of fundamental and technical analysis.

30/09/2020

One pager 30th September 2020.
[9/30, 07:32] 💎Ikrant: Global Cues 1/1
-Ahead of the presidential debate in the US markets are nervous
-Asia markets also showing a muted opening
-coronavirus outbreak in New York City is also a concern
Indices
Dow -131 to 27453
S&P 500 -16 to 3335
Nasdaq -32 to 11085
[9/30, 07:32] 💎Ikrant: Global Cues 1/2
-U.S. consumer confidence rebounded by the most in 17 years in September
-Disney to lay off 28,000 employees as coronavirus slams its theme park business, 67% out of it are a temporary worker
- Marathon Petroleum begins widespread job cuts
[9/30, 07:33] 💎Ikrant: Global Cues 1/2
-Ahead of the debate, Biden releases tax returns and urges Trump to follow
-China to release Mfg, Services data today
[9/30, 07:33] 💎Ikrant: Global Cues 1/4
-Regeneron on Tuesday said its experimental two-antibody cocktail reduced viral levels and improved symptoms in non-hospitalized patients with mild-to-moderate Covid19
- The company will discuss the early trial results with regulatory agencies, FDA
[9/30, 07:35] 💎Ikrant: BPCL

30th Sept Final day to submit bids for privatization of India's second-biggest oil refiner.
GOVT has proposed strategic disinvestment of its entire shareholding of 52.98% stake.

reports suggest ROSNEFT/ ARAMCO unlikely to bid.
[9/30, 07:36] 💎Ikrant: Sumitomo Chemical India:
Promoter entity to sell up to 1.64Lakh equity shares in the co on September 30 and October 1.
Floor price for the sale is fixed at Rs 270 per share.
Discount of 9.3% to ydays closing price.
[9/30, 07:40] 💎Ikrant: INDIABULLS HSG :

Co sells further stake in OakNorth Holding Ltd to TEMF Limited (a fund managed by Toscafund Asset Management) for approx ₹630 cr.

With the latest stake sale, the Company has raised a total of ₹ 1832 cr as fresh equity in Sept’20
[9/30, 07:43] 💎Ikrant: KNR const :
Successfully completed its 100% sale of KNR Walayar Tollways Private Limited to Cube Highways and infrastructure III Pte Ltd, a Singapore-based co.

Agreed ent

28/09/2020

One pager 28th September 2020.
[9/28, 07:07] 💎Ikrant: Global Cues 1/1
-Asia markets show positive opening as corona pkg in talks
-US futures indicating the same
-On Friday Dow closed up 358 points and Nasdaq 242 points
-Oil and Gold in a narrow range
[9/28, 07:07] 💎Ikrant: Global Cues 1/2
-US speaker Nancy Pelosi said another coronavirus stimulus plan is possible
-House Democrats try to forge ahead on a smaller aid package costing about $2.4 trillion, roughly $1 trillion less than their initial proposal
[9/28, 07:07] 💎Ikrant: Global Cues 1/3
-Pfizer has to wait for November to seek vaccine authorization
-Pfizer’s clinical trial will yield conclusive results in October. That would likely put the company ahead of Moderna Inc. and AstraZeneca PLC and other promising vaccine candidates.
[9/28, 07:07] 💎Ikrant: Global Cues 1/4
-New York State Tops 1,000 New Daily Coronavirus Cases for First Time Since Early June
-U.S. Midwest sees surge in COVID-19 cases as four states report record increases
-US has imposed a ban on exports to China's biggest chip maker SMIC
End.
[9/28, 09:00] 💎Ikrant: Industry Buzz

Ø Vodafone Idea: The government of India said that it will study the arbitration case award in the Vodafone International case. In a separate instance, the telecom regulator TRAI has dropped its probe against the company in the priority plan matter, after it withdrew contentious claims on faster speed and modified its offering.

Ø Lakshmi Vilas Bank: The bank in a statement on Sunday evening said that its Liquidity Coverage Ratio is currently at 262% as compared to a minimum 100% required by the RBI. The bank continues to enforce cost reduction measures of both direct and indirect costs. Provision Coverage Ratio at 72.6% as compared to 70% prescribed under the Prompt Corrective Action framework. The bank will continue to evaluate proposed amalgamation of the 'Clix Group' with itself. This comes after shareholders rejected the appointment of seven directors, includin

24/09/2020

One pager 24th September 2020.
[9/24, 07:47] 💎Ikrant: Global Cues 1/1
-World market sentiment looks weak as US indices closed lower
-Tech shares dragged the US markets and seen heavy selling
-Nasdaq closes 3% lower lower as Apple, Amazon, Nvidia slides 4%
-Traders fretted over uncertainty around the corona & stimulus
[9/24, 07:47] 💎Ikrant: Global Cues 1/2
-Dow -525 to 26763.13
-S&P -79 to 3236.92
-Nasdaq -331 to 10632.99
-Gold below $1900 and Oil slips
[9/24, 07:47] 💎Ikrant: Global Cues 1/3
-Fed calls for more government spending to speed up economic recovery
-Fed Chair Powell says the recovery would move faster if there is support coming both from Congress and from the Fed.
[9/24, 07:48] 💎Ikrant: White House coronavirus advisor Dr. Anthony Fauci told Congress
There is “growing optimism” that scientists will find one or more safe and effective vaccines by the end of the year or early 2021 and the U.S. could have enough vaccine doses by April.
[9/24, 07:48] 💎Ikrant:
Poll shows
The race between Democratic presidential candidate Joe Biden and President Donald Trump looked like a toss-up among likely voters in Florida and Arizona
[9/24, 07:48] 💎Ikrant: Johnson & Johnson’s Single-Dose Coronavirus Vaccine Enters Late-Stage Trials

The Company said 60,000 people will be enrolled for its phase 3 trial of its single-dose coronavirus vaccine to enter late-stage testing in the US
[9/24, 07:48] 💎Ikrant: The FIIs have sold heavy positions yday

FII Net Sell 3912 Cr in Cash
DII Net Buy 1629 Cr in
FII Net Buy 2785 Cr in F&O
[9/24, 09:23] 💎Ikrant: PROMOTER BUYING :

KPIT Tech: Promoter Bought 94K Shares

Chambal: Promoter Bought 60k Shares
[9/24, 09:24] 💎Ikrant: L&T/IRCOM/JMC proj/NCC/JKUMAR INFRA/TATA POWER :
NHSRCL Opens Technical Bids For Design, Construction Of 237 km Length Of Mumbai- Ahmedabad Bullet Train Corridor

Consortium of Afcons Infra, IRCON International, JMC Projects India Among Bidders
[9/24, 09:24] 💎Ikrant: Technical bids for Mumbai Ahmed

23/09/2020

One pager 23rd September 2020.
[9/23, 06:58] 💎Ikrant: Global Cues 1/1
-The US markets bounced after 4 days fall, led by Amazon despite delay in fiscal stimulus
-White House and opposition reach agreement to keep government funded until December 11
-Dow +140 to 27288
-S&P +34 to 3316
-Nasdaq +185 to 10964
[9/23, 06:58] 💎Ikrant: Global Cues 1/1
- US existing home sales near 14-year high
prices race to record peak
-US Economic advisor Kudlow says economy doesn’t need more stimulus for a V-shaped recovery
-Sectoral help needed
[9/23, 06:58] 💎Ikrant: Global Cues 1/3
-UK announces new restrictions, could last 6 months
-UK, PM says if possible work from home
-BUT the US Prez Trump says the US will remain open, ‘We’re not going to be doing that’.
[9/23, 07:04] 💎Ikrant: *SGX Nifty -25 pts (11152) from last trade 11177 ,*

Nikkei -178 pts ,
Hangseng -16 pts ,
Now @6.52am .

Dow +140.48 pts ,Nsdq +184.84 pts, S&P +34.51 pts , Bovespa +302 pts , Ftse +25 pts , Dax +51 pts , Cac -19 pts , Crude @ $39.60 brl (+0.00), Brent @ $41.72 brl (-0.00) , Gold @ 1908.40 (+0.80), Silver @ $24.575 (+0.02), Euro @ $1.1706, JPY @ $105.04, INR @ 73.515

*Today's Corporate Action*

*23rd Sep Ex Date*

KSE

Interim Dividend - Rs. - 15.0000

TEXRAIL

Final Dividend - Rs. - 0.1000

WESTLEIRES

Dividend - Rs. - 0.1000

*Today's Board Meetings*

*23-Sep-20*

AIML

Audited Results

DHRUV

A.G.M.;General

KAARYAFSL

General

SATINDLTD

Amalgamation

SUNRAJDI

Audited Results;General;Quarterly Results

*Stock under F&O ban on NSE*

*23-Sep-20*

1GLENMARK

2IBULHSGFIN

3IDEA

4VEDL
[9/23, 07:49] 💎Ikrant: Economic Times

Business Standard
Ø Tata Group offers to buy out Mistry family stake in shares dispute
Ø National Textile Corporation not operationally profitable despite revival scheme: Smriti Irani
Ø Israel and India sign MoU to collaborate in tech innovation & start ups
Ø NBFC-MFIs' loan disbursement drops 96 pc to Rs 570 cr in June quarter
Ø Trai for a rulebook to en

22/09/2020

One pager 22th September 2020.
[9/22, 06:16] 💎Ikrant: Global Cues 1/1
-Dow drops 500+ points, S&P 500 posts first 4-day losing streak since February
-The US markets fell on Monday as fears about the potential worsening of the coronavirus & uncertainty on fiscal stimulus
[9/22, 06:18] 💎Ikrant: Global Cues 1/2
-Monday’s sharp sell-off is different than the earlier one that has centered on tech and growth stocks. Instead, it was led by the cyclical that had been gaining on expectations for a recovering economy
[9/22, 06:18] 💎Ikrant: Global Cues 1/3
-DOW -510 to 27148
-S&P -38 to 3281.06
-Nasdaq -14 to 10779
[9/22, 07:41] 💎Ikrant: GMM Pfaudler
Promoters ie Pfaudler Inc, Millars Machinery & Urmi Patel To Sell 25.71 Lakh Shares Via OFS
OFS Floor Price Set At 3,500/Sh ie 13% discount to ydays close.
Represents 17.6% of total issue & paid up capital.
OFS on 22-23rd Sept
[9/22, 07:41] 💎Ikrant: Angel Broking IPO opens TODAY
IPO DATES Sept 22 to Sept 24
Rs 600-crore issue size
ISSUE PRICE : Rs 305-Rs 306.
1lot of 49 shares / Retail investors can bid for a maximum of 13 lots
ANCHOR BOOK : Raises 180 cr via 26 Anchor investors at 306/sh
[9/22, 07:41] 💎Ikrant: Angel Broking IPO opens TODAY
Raised 180 cr via 26 Anchor investors at 306/sh
ANCHOR INVESTORS : icici pru midcap fund 12.79%
HDFC small cap Fund 11% , GOLdman Sachs india ltd 11% , AB sunlife 11%, Macquarie, invesco, rel cap etc
[9/22, 07:42] 💎Ikrant:
SBI: Capital raising committee approved allotment of NCDs worth Rs 7000 cr to bond subscribers.

Canara Bank board Meet on 25th Sept to consider raising capital through QIP
[9/22, 07:44] 💎Ikrant:
Ramco Cements:
ICRA reaffirmed rating on various long & short term facilities worth Rs 4870 cr

Phillips Carbon Black:
CARE Ratings reaffirmed rating on facilities worth Rs 2400 cr
[9/22, 07:47] 💎Ikrant: FUND ACTION:
Deepak Nitrite: Vanguard BUYS 12 Lakh shares at 839.18/sh
( FTSE adjustment)
Indiabulls Hsg IBulls hs

21/09/2020

*SGX Nifty -25 pts (11495) from last trade 11520 ,*

Nikkei clsd ,
Hangseng +28 pts ,
Now @6.54am .

Dow -244.56 pts ,Nsdq -116.99 pts, S&P -37.54 pts , Bovespa -1808 pts , Ftse -42 pts , Dax -91 pts , Cac -61 pts , Crude @ $40.88 brl (-0.21), Brent @ $42.92 brl (-0.23) , Gold @ 1956.30 (-6.20), Silver @ $26.905 (-0.22), Euro @ $1.1848, JPY @ $104.53, INR @ 73.535

*Today's Corporate Action*

*21st Sep Ex Date*

AINFRA

Final Dividend - Rs. - 0.1000

AMBIKCO

Final Dividend - Rs. - 15.0000

BENARAS

Final Dividend - Rs. - 7.5000

BRPL

Final Dividend - Rs. - 1.0000

CAPPL

Final Dividend - Rs. - 0.4000

CHAMANSEQ

Final Dividend - Rs. - 0.5000

CMI

Dividend - Rs. - 0.5000

COCHINSHIP

Dividend - Rs. - 15.0000

CONCOR

Final Dividend - Rs. - 2.8500

CYBERTECH

Final Dividend - Rs. - 1.0000

DIVSHKT

Final Dividend - Rs. - 1.5000

ELCIDIN

Final Dividend - Rs. - 15.0000

FORCEMOT

Final Dividend - Rs. - 10.0000

FRONTSP

Final Dividend - Rs. - 1.1000

GOLDCORP

Final Dividend - Rs. - 0.5000

GRMOVER

Dividend - Rs. - 5.0000

GULFPETRO

Final Dividend - Rs. - 0.7500

HINDCOMPOS

Final Dividend - Rs. - 2.0000

HINDTIN

Dividend - Rs. - 0.6000

IRCON

Final Dividend - Rs. - 2.0600

JAYSYN

Dividend - Rs. - 0.1500

JKIL

Dividend - Rs. - 1.2500

KEMP

Dividend - Rs. - 0.5000

KIFS

Final Dividend - Rs. - 1.2500

KIOCL

Final Dividend - Rs. - 0.7000

KKALPANAIND

Final Dividend - Rs. - 0.1200

MERCURYLAB

Final Dividend - Rs. - 2.0000

MIDHANI

Final Dividend - Rs. - 1.5600

MYSORPETRO

Final Dividend - Rs. - 2.0000

OIL

Final Dividend - Rs. - 1.6000

PANACEABIO

Spin Off

PARAGMILK

Dividend - Rs. - 0.5000

PATINTLOG

Final Dividend - Rs. - 0.1000

PIXTRANS

Final Dividend - Rs. - 2.0000

POKARNA

Dividend - Rs. - 0.6000

SHYAM

Final Dividend - Rs. - 3.0000

SJVN

Final Dividend - Rs. - 0.5000

SPENTA

Dividend - Rs. - 0.8000

SUNTECK

Final Dividend - Rs. - 1.5000

TIMETECHNO

Final Dividend - Rs. - 0.9500

TPLPLAST

Final Dividend - Rs. - 3.5000

VIDHII

21/09/2020

One pager 21st September 2020.
[9/21, 07:11] 💎Ikrant: Global Cues 1/1
-Muted start expected in markets today
-Asian indices & US Futures show little upward change
-On Friday Dow closed lower 244 points and S&P-500 117 points
-Crude & Gold in a range
[9/21, 07:12] 💎Ikrant: Global Cues 1/2
-Declines in shares of technology companies helped push the S&P 500 to a third consecutive week of losses
-Tech heavyweights are now dragging it down, Apple, Alphabet, and other tech companies.
[9/21, 08:14] 💎Ikrant: ROUTE MOBILE
Issue Price : Rs 350 per share.
Grey market premium suggests a 89% listing pop
Co raised Rs 600 cr
Issue was Subscribed 73.3 times
[9/21, 08:14] 💎Ikrant: DIXON /MIRC ELEC : 5% import duty on open cell used in TV manufacturing from October 1 2020.
[9/21, 08:14] 💎Ikrant: RITES:
Co to Buy Back Up To 97 Lk Shares At 265/Sh
Board Approves Share Buyback Via Tender Offer
To Spend Up To 260 Cr On Share Buyback
Record date for buyback on Sep 30
[9/21, 08:15] 💎Ikrant: HCL Tech :
HCL TECH To Acquire Australian IT Solutions Co DWS Ltd
Acquisition is Expected To Close In December 2020
DWS FY19 rev $168mln

HCL Tech :
HCL TECH To Acquire Australian IT Solutions Co DWS Ltd
HCL tech to pay $115m for DWS ltd , to close in Dec 2020
[9/21, 08:15] 💎Ikrant: PRIMARY MARKET ACTION :
CAMS to open IPO on 21 Sept -23 Sept
Price Band of ₹ 1229 - 1230/sh Face value of ₹ 10 each

ANCHOR BOOK raised Rs 666.57 crore from a total of 35 investors ahead
Anchor allotment was done at 1230/sh
[9/21, 08:15] 💎Ikrant:
Chemcon Speciality Chemicals Ltd
Issue dates : 21st Sept-23rd Sept
Price band of ₹ 338 - ₹ 340
ANCHOR BOOK Raised 95.4 cr
Allotment at Rs 340/sh
[9/21, 08:16] 💎Ikrant: Action
Vanguard picks up Midcap stocks in FTSE rebalancing

Adani Green: Vanguard Bought 1.3 Cr Shares
Granules: Vanguard Bought 26Lk Shares
JB Chem: Vanguard Bought 7Lk Shares
Trent: Vanguard Buy 24Lk

16/09/2020

One pager 16th September 2020.
[9/16, 08:05] 💎Ikrant: Global Cues 1/1
-Asian markets open mixed as Japan's export in August fell 14.8% YoY, the expectation was 16.1%
-US stocks rose on the back of broad market gains & soli economic data
-Nasdaq up 134 points to 11190
-Dow closed flat to 27995
-S&P up 18 points to 3401
[9/16, 08:05] 💎Ikrant: Global Cues 1/2
-All eyes on now on the Fed
-The FOMC will give its quarterly update on where it sees GDP, unemployment & inflation going
-US Retail Sales data today
-Apple launches a new Apple Watch Series 6 that monitors blood oxygen and will cost $399
[9/16, 08:06] 💎Ikrant: Apple
Rolled out a new virtual fitness service and a bundle of all its subscriptions, Apple One, focusing a holiday-season product launch on services that are the backbone of Apple's growth strategy and that cater to customers working at home during the COVID-19
[9/16, 08:06] 💎Ikrant:
-Apple Watch Series 6 will start at Rs 40,900 while the cellular version starts at Rs 49,900

-Apple Watch SE will start at Rs 29,900 and the cellular version comes in at Rs 33,900

-India availability date not confirmed but it is most likely to be in October
[9/16, 08:07] 💎Ikrant: MCX
Waives transaction fees on all commodity option contracts till March 31.2021
To encourage active participation in market
MCX has options contracts in Copper, Crude oil, Gold, Silver, Zinc
[9/16, 08:07] 💎Ikrant: STERLITE TECH
co announces partnership with Bharti Airtel to build a modern optical fibre network for Airtel across 10 telecom circles.
Will build a foundation for many next-gen services such as 5G, FTTH, IoT, enterprise networks, and Industry 4.0
[9/16, 08:07] 💎Ikrant: Tata Motors / Ashok Leyland / GNA Axle/automotive axle :

Govt may extend the existing anti dumping duty on imports of axels for trailers from China. DGTR has initiated Anti-Circumvention investigation
[9/16, 08:07] 💎Ikrant: MAX INDIA
Board approves a capital red

15/09/2020

One pager 15th September 2020.
[9/15, 06:54] 💎Ikrant: Global Cues 1/1
-International cues seem good fo Asia
-Dow up 327 points, above 200 DMA for 42nd day
-S&P up 42 points, closed above 200 DMA for the 52 nd day
-Nasdaq up 203 points, closed above 200 DMA for 88 straight sessions
[9/15, 06:54] 💎Ikrant: Global Cues 1/2
-US mkt ended sharply higher on Monday as signs of progress in developing a COVID-19 vaccine and a spurt of multibillion-dollar deals lifted investor optimism.
[9/15, 06:57] 💎Ikrant: F&O Ban
Adani Ent.
Bank of Baroda
BHEL
Canara Bank
Indiabulls Housing
JSPL
Vedanta
Escorts
---
Out from F&O: Apollo Tyres, Vodafone-Idea, PNB
[9/15, 08:19] 💎Ikrant: Economic Times



Business Standard

Ø Employees provident fund members withdraw Rs 39.4k crore during March 25-August 31

Ø RBI asks banks to fully automate NPA recognition process

Ø No proposal for raising FII limit in PSBs to 49 per cent: Anurag Thakur

Ø Banks' NPAs in large industry, services fall 31% in over two years to Rs 4.36 lakh crore

Ø India's oil import bill declines by two-third on fall in international prices: Dharmendra Pradhan

Ø Income Tax Appellate Tribunal nixes tax claim on Vodafone rights issue



Ø Debt monetisation by RBI could undermine investor confidence: S&P

Ø Govt weighs dropping debt condition in plan to sell Air India: Report

Ø 20 CPSEs, their units in pipeline for strategic sale: Finance Ministry

Ø Nvidia to buy UK chipmaker Arm from Softbank in $40 billion deal

Ø Carlyle, SoftBank put on waiting list for Reliance Retail stake: Report

Ø L&T bags multiple orders across business segments in domestic market

Business Line



Mint

Ø Amid demand revival, steel cos hike prices by ₹2,500/tonne

Ø Government proposes fresh expenditure of ₹1.67 lakh crore

Ø US fund drags LVB, Fortis, IIH to court over 2017 deal

Ø Dabur India forays in the edible oil segment

Ø Ashok Leyland takes on M&M with new pickup Bada Dost

Ø Oil India undertakes well control o

14/09/2020

One pager 14th September 2020
[9/14, 06:34] 💎Ikrant: Global Cues 1/1
-Positive start of the week indicated
-Asian markets started good opening and followed US futures
-Dow Futures up 180 points & S&P trading 30 points up
-US Fed meeting this week keenly watched
-Brent oil below $40 and Gold in a range
[9/14, 06:34] 💎Ikrant: Global Cues 1/2
-AstraZeneca resumed the phase-3 trial
-Pfizer expects the vaccine by the end of the year
-Soft bank up 9% as will sell stake in chipmaker Ant
[9/14, 06:35] 💎Ikrant: Oracle to buy TikTok, Microsoft bid rejected

The owner of TikTok has chosen Oracle over Microsoft as its preferred suitor to buy the popular video-sharing app.

Microsoft announced Sunday that its bid to buy TikTok has been rejected
[9/14, 08:39] 💎Ikrant: MISHRA DHATU Q1FY21 (YoY) - BAD
Revenues Dn 13%, Operating Profit Dn 84%
Margins @ 5.15% v 27.4%
Loss @ 0.94 Cr Vs Profit 22.99 Cr
Order book position at 1732cr as of July 1st 2020
[9/14, 08:39] 💎Ikrant: INDIABULLS REAL ESTATE
Q1-FY21 – QoQ = WEAK
Revenue Rs 48 cr vs Rs 116 cr QoQ – Down 59%
Loss at Rs 94.5 cr vs Rs 109.7 cr QoQ
Unsold finished inventory – Rs 2909 cr
[9/14, 08:39] 💎Ikrant: JINDAL STAINLESS (HISAR)

Q1 – YoY = WEAK
Revenue -64%
Sales Volume -69%

Lockdown & Supply Chain Disruptions Impact Financials

Operating profit Down 83%

Margins at 5% vs 10.6% - Down 560 Bps

Net Loss at Rs 94 Cr Vs Net Profit at Rs 105.3 Cr
[9/14, 08:39] 💎Ikrant: GIC HOUSING
Q1 – QoQ = BAD
Total income of Rs.306.28 cr vs Rs.317 cr
Net Loss of Rs.55.71 cr vs vs Profit Rs 26.4 cr
[9/14, 08:39] 💎Ikrant: JBM AUTO
Q1 – YoY = BAD
Total income of Rs.130.48 cr vs Rs.524.28cr – Down 75%
Net Loss of Rs.25.87 cr vs loss of Rs.17.11 cr – Losses Expand 51%
[9/14, 08:40] 💎Ikrant: ITDC
Q1 – YoY = BAD
Total Income at Rs 32 cr vs Rs 67 cr .. Down 52% QoQ
Loss of Rs 12.96 cr vs PAT of Rs 0.21 Cr
Govt looks to hive-off key assets: Hotel Ashok and Hotel Janpath
[9/14, 08:40] 💎Ikrant: NILKAMAL
Q1 – YoY = BAD
Revenue at Rs 2

11/09/2020

One pager 11th September 2020.
[9/11, 08:11] 💎Ikrant: Global Cues 1/1
-Asian markets to open mixed as US markets again under profit-booking
-But Dow futures trading up to more than 140 points
-All major indices fall 4th day this week
-Tech shares lead the fall
[9/11, 08:11] 💎Ikrant: Global Cues 1/2
-Dow closed down 406 points at 27,534
-Dow above 200 DMA for 40 straight sessions
-S&P 500 down 60 points to 3,339
-S&P above 200DMA for the 50 days in a row
-Nasdaq fell 223 to 10,919.59
-Nasdaq above its 200DMA for 87 straight sessions
[9/11, 08:12] 💎Ikrant: Global Cues 1/3
-Trump says there will be no extension of the TikTok deadline, Sep 15 is the last date
-Goldman sees a 35% jump in Q3 GDP, much higher than the rest of Wall Street
[9/11, 08:12] 💎Ikrant: Global Cues 1/4
-Brent Crude oil below $40
-Gold in a range
[9/11, 08:12] 💎Ikrant: India & China agree on 5 points to guide approach. India expects full adherence to bilateral agreements. Immediate task to ensure comprehensve disengagement of troops. Final troop deployment, phasing of process to be worked out by military commanders reports
[9/11, 08:12] 💎Ikrant: Jefferies On Avenue Super
Initiate Coverage With Buy; Tgt At 2,600/Sh
It’s In A Sweet Spot, With Acute Focus On Customer Value, Product Quality, Profitability
COVID-19 Is A Headwind For FY21,
But We Expect A Gradual Improvement
See 25%+ EPS CAGR Over FY20-23
[9/11, 08:13] 💎Ikrant: INFOEDGE : ZOMATO founders In letter to employees says planning an IPO in first half of 2021.

Infoedge holds 22.7% in zomato. Zomato is currently valued at $3.5Bln
Zomato raised $102.5 million led by Tiger Global
[9/11, 08:13] 💎Ikrant: Maruti : Suzuki purchased 284,322 equity shares valued at Rs 204.31 crore in Maruti Suzuki
[9/11, 08:13] 💎Ikrant: National Fertilizers: The company reported total fertilizer sale of 23.81 lakh MT and production of 16.11 lakh MT urea in April-August, 2020.
[9/11, 08:13] 💎Ikrant: CONCOR : Indian Railways Accelerates Freight Growth: Indian Railways has enhanced logistics by making freight trains efficient & faster

Freight speed up 97% YOY 47.2 kmph vs 23.98 kmph
Freight loading iup by 12% YOY 3.3MT vs 2.95MT
[9/11, 08:14] 💎Ikrant: Results: HAL Q1FY21 YoY- weak

Revenuesdn -47.2% at 1737cr vs 3289cr
EBITDA dn -54.4%at 384cr vs843cr
EBITDA margins 22.1% vs 25.6%
Net Profit dn -73.7% 148.6cr vs 565cr
[9/11, 08:14] 💎Ikrant: RESULTS : Hind Copper Q1FY21 (yoy)

Cons Net Profit up 40% At 29.8 Cr Vs 21.2 Cr
Cons Revenue up 41.9% At 431.4 Cr Vs 304.1 Cr
Cons EBITDA dn 7.4% At 86.4 Cr Vs 93.3 Cr
Cons EBITDA Margin At 20% Vs 30.7% (YoY)
Tax Credit At 11 Cr Vs 1 Cr (YoY)
[9/11, 08:14] 💎Ikrant: Jefferies On Avenue Supermart
Initiate Coverage with BUY
Target Rs 2,600
-
JP Morgan on BEL
Maintain OW
Target 125
-
CLSA on Hero Moto
Maintain Buy
Target 3315
[9/11, 08:14] 💎Ikrant: Morgan Stanley on Banks

Overweight on ICICI Bank, Target Rs 525

Overweight on Axis Bank, Target Rs 600

Overweight on HDFC Bank, Target Rs 1450
[9/11, 08:37] 💎Ikrant: RESULTS J&K BANK Q1FY21(QoQ)
- Net Int Income 904 cr dn 9.3%
- Profit After Tax 6.5 cr vs loss 284 cr
- Deposits at 99,691 cr+2%
- Advances at 65,170 cr+1.2%
[9/11, 08:37] 💎Ikrant: DR REDDYS LABORATORIES
Revlimid pre-trial conf is on 21st Sept
Revlimid has a huge market size $7.5bn (used to treat multiple myeloma)
DRL is one of the early filers
Global Pharma Co Celgene is the innovator and this case is approaching the trial stage
[9/11, 08:37] 💎Ikrant: PROMOTER ACTION
Jamna Auto: Promoter Bought 80k Shares
Chambal Fert: Promoter Bought 88k Shares
Alembic Ltd: Promoter Bought 4.04 Lk Shares
NCL Ind: Promoter Bought 77k Shares
CL Educate: Promoter Bought 10k Shares
ADF Foods: Promoter Sold 90k Share
[9/11, 08:37] 💎Ikrant: RESULTS : Q1 Fy21 YoY
JAY BHARAT MARUTI - BAD
Rev Rs 70.2 cr vs Rs 442.9 cr YoY – Dn 84%
Loss at Rs 21.04 cr in Q1FY21 vs profit at Rs 7.8 Cr

MIRC ELECTRONICS -BAD
Rev Rs 94.54 cr vs Rs 177.57cr Dn 46%
Loss at Rs 10.74 cr vs profit at Rs 0.88 cr
[9/11, 08:38] 💎Ikrant: Results Today

IRCTS
BHEL
Adani Green
Arvind Smart spaces
BF Utilities
Mishra Dhatu Nigam
Rail Vikas Nigam
[9/11, 08:38] 💎Ikrant: Court Cases Today

10:30 AM
-Mumbai special court to hear bail pleas of Rhea Chakraborty and her brother Showik- Post 10 30 am

12:30 PM
-Construction Labour PIL against the relaxation of labour laws in UP, MP
[9/11, 08:38] 💎Ikrant: Top 10 Stocks In Focus

1-MARUTI
2-HAL
3-INFO EDGE
4-HINDALCO / VEDANTS / HIND COPPER
5-HEXAWARE
6-AMBER ENT
7-IRCTC / BHEL / RVNL / MIDHANI / ADANI GREEN
8-DEEPAK FERT
9-JAY BHARAT MARUTI / GOA CARBON
10-DR REDDY’S LAB
[9/11, 08:44] 💎Ikrant: *Power of PreIPO Unlisted Shares*

Read the full coverage

Happiest minds- What a run ?

Started : 2011 ( with 9 co-founders)

Funded: $45 mil in 2011 itself

Revenue : Rs 714 Cr (FY 2020)

Profit : Rs 72 cr ( FY 2020)

Employees : 2400

Offices : Bangalore, Noida and Pune in India, US, UK, Singapore and Australia.

Customers : 170

IPO : 7-9 Sept 2020. The issue price band has been fixed at Rs 165-166 per share.

It is daring to go for IPO in Covid-19 and it was oversubscribed 150 times.

ESOPS: given to all 800 employees in 2013 and in Jan 2020, anyone not given ESOPs was given ESOPs. If one invested Rs 1.2 lak for 60K shares in 2013, he would be Karodpati today!

We call it crowd, if there are more than 3-4 co-founders. With Nine co-founders, they must have been a solid rock walls!

Amazing. Hats off to Ashok Soota and his team.

Congrats to entire Happiest Minds Team.

PS: Ashok Soota ji started Happiest minds at 69.

What is your age ?
When you are going to have your 'happiest mind'?.... ....

Come on Let's Grow Together....↗️↗️↗️☑️☑️
[9/11, 08:57] 💎Ikrant: CLSA On Hero MotoCorp: Buy, Tgt At 3,315/Sh
Robust Outlook For Demand, Pricing
Utilisation Exceeds 90% As The Supply Chain Eased
Co Is Preparing To Increase Inventory Ahead Of The Festive Season
2nd Round Of Price Hikes Should Protect OEMs Per-unit Gross Margin

10/09/2020

One pager 10th September 2020.
[9/10, 06:19] 💎Ikrant: RELIANCE: ABUDHABI INVESTMENT FUND AND MUBADALA ALSO SAID TO BE EXPLORING INVESTMENT IN RELIANCE RETAIL: BS
[9/10, 06:19] 💎Ikrant: (Bloomberg) -- Abu Dhabi Investment Authority and Saudi Arabia’s Public Investment Fund are in talks to buy stakes in Reliance Retail, the Financial Times reports, citing people familiar with the matter.
ADIA in discussions about a $750 million investment at a valuation of about $57 billion
Saudi Arabia’s PIF may invest as much as $1.5 billion
Mubadala may also invest
ADIA, Mubadala and PIF declined to comment to FT; Reliance did not immediately respond to the FT’s request for comment
[9/10, 06:19] 💎Ikrant: | Middle East funds in talks to buy stakes in Reliance Retail (From Agencies)
[9/10, 06:56] 💎Ikrant: Global Cues 1/1
-Mixed opening indicated in Asian markets
-US main indexes jumped on Wednesday after a three-day sell-off to buy cheaper stocks
-DOW up 439 points to 27,940
-NASDAQ up 294 to 11,142
-S&P 500 closed at 3,399, up 67
[9/10, 06:57] 💎Ikrant: Global Cues 1/2
-Oil jumps more than 3% after hitting a multi-month low, but demand concerns remain
-Indian Foreign Minister expected to meet China's foreign minister in Moscow to discuss border issues
-ECB meeting and decision
[9/10, 07:25] 💎Ikrant: Economic Times



Business Standard

Ø PSB performance on EASE Index improves 37% over March 2019-20

Ø I-T Dept issues refunds worth Rs 1.01 lakh cr to 27.55 lakh taxpayers till Sep 8

Ø Food ministry seeks Rs 5,600 crore to pay export subsidy dues of sugar mills

Ø Five to eight percent of overall loans will get restructured under new framework, says Icra

Ø Disbursements in the housing finance sector at 60–70% of YoY levels: Report

Ø PGCIL commissions first leg of Raigarh-Pugalur HVDC transmission project



Ø Sebi steps up oversight of MII boards, seeking to protect shareholders

Ø Fitch affirms Bharat Petroleum at BBB-minus with negative outlook

Ø EPFO to pay 8.5% interest for FY20 in two instalments, cites Covid impact

Ø Happiest Minds IPO subscribed 151 times, sees bids worth Rs 58,000 cr

Ø Data consumption, gentle price hikes to drive telecom sector growth: Report

Ø Silver Lake picks 1.75% stake in Reliance Retail for Rs 7,500 crore

Business Line



Mint

Ø Reliance Industries doing a Jio with Retail

Ø Direct tax refunds from April till date exceed ₹1-lakh crore

Ø Everady Industries’ Q1 net jumps to ₹24 crore

Ø KKR in advanced talks for $1-billion Reliance Retail stake

Ø Embassy REIT places ₹750-crore NCDs

Ø Sobha Ltd picks stake in CVS Techzone LLP



Ø Indiabulls Housing Finance launches ₹735 crore QIP

Ø Weak demand a challenge, need a bold stimulus package, says industry

Ø India to achieve carbon emissions reducing goal by 35% in 10 yrs: Javadekar

Ø IMF chief Georgieva warns global economic crisis 'far from over'

Financial Express



Deccan Chronicle

Ø US-based First Solar mulls setting up manufacturing plant in India

Ø Need for further stimulus to revive demand in economy: Industry survey

Ø TRAI chief advocates robust broadband, open systems, local manufacturing



Ø Dr. Reddy’s releases Remdesivir for COVID-19 treatment under brand name Redyx

Ø Braithwaite eligible for Miniratna Category II tag

Ø India to begin Phase-3 human trials of Russian coronavirus vaccine soon


[9/10, 08:52] 💎Ikrant: In News : SYNGENE
Receives ICMR approval for HiMedia & Company's COVID-19 antibody test kit, ELISafe 19
Alert :
Test studies the percentage of population exposed to SARS-CoV-2 infection
helps identify immune status of COVID-19 recovered patients
[9/10, 08:52] 💎Ikrant: RESULTS :
Indiabulls ventures: Q1FY21
PAT 12 cr vs vs Profit of 122 cr YoY
Total Inc 390 cr vs 700 cr yoy
Provisons at Rs 23.3 cr vs Rs 649.4 cr QoQ (vs Rs 41 cr YoY)
[9/10, 08:53] 💎Ikrant: IN NEWS : BHARAT DYNAMICS
DIPAM Secy says OFS Recd a total subscription of 2.34 Cr Shares worth Rs 770 cr – Had set out to sell 2.74 Cr Shares and mobilize Rs 900 Cr
The government decided to exercise the green shoe
Non-Retail subscribed 1.4x,
LIC Took 8.26%
[9/10, 08:53] 💎Ikrant: Escorts India:
Victory Emerging Markets Small Cap Fund acquired 8,03,003 shares in the company at Rs 1165.44/share on the NSE.
[9/10, 08:54] 💎Ikrant: Reliance Industrial Infrastructure:

Share India Securities bought 1,37,803 shares in the company at Rs 387.65/share on the NSE.
[9/10, 08:55] 💎Ikrant: IRCTC

80 New Special Trains will start operations from Sept-12 (Saturday)
Reservations for these trains begins today
[9/10, 08:55] 💎Ikrant: THYROCARE TECHNOLOGIES

Boardmeet Today To Discuss & Decide Appointment of a Professional CEO

(Velumani Sahab is the Chairman & MD)

Address

Mumbai
400001

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Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 9am - 1am

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8082057047

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