Stock Market Essentials For January 5: PM Modi to chair second national conference of chief secretaries from January 5-7
Photo : BCCL
ONE PAGER
Global Cues on Jan 5, 2023:
U.S. Initial Jobless Claims
U.S. Trade Balance
U.S. S&P Global Services and Composite PMIs
UK S&P Global/CIPS UK Services, Composite PMI
UK BOE releases December Decision Maker Panel survey
EIA Crude Oil Inventories
Corporate Action:
Weekly Expiry
Other Events:
MG Hector facelift to be unveiled: Agencies
Global Investors’ Summit: CM Yogi to hold roadshow in Mumbai on Jan 5 to draw domestic investors: Agencies
PM Modi inaugurates Goa’s second airport, first commercial flight on Jan 5: Agencies
Federation of Automobile Dealers Association will release the December Retail Vehicle registration data
Oil & Gas Updates
Brent Crude at $77.8/bbl Vs $82/bbl
Singapore GRM at $7.5/bbl Vs $8.5/bbl
Asia Spot Gas prices at $29.5/mmBtu Vs $29.3/mmBtu
FII/DII Data:
FIIs net sell shares worth `2621 cr on Jan 4 (prov)
DIIs net buy shares worth `774 cr on Jan 4
FII F&O Cash Data:
Index futures net sell Rs 2604 cr
Index options net buy Rs 779 cr
Stock futures net sell Rs 2101 cr
Stock options net sell Rs 11 cr
Total FII net sell Rs 3937 cr in F&O
F&O Ban: NIL
Bulk/Block Deal
Major Bulk Deals for the Day on NSE
PGIM India MF bot Somany Ceramics 3,07,000 @ 499.03
COLOURSHINE HOSIERY bot Exxaro Tiles Limited 2,40,000 @ 128.05
CORPORATE ANNOUNCEMENT
Likhitha Infra
Gets INR457 cr orders in Oct.-Dec
NTPC
NTPC Green Energy Ltd. and HPCL sign Memorandum of Understanding for Renewable Energy Business and Green Power for HPCL Refineries and other Business Units
COAL INDIA
CIL and Unions ink MoU recommending Minimum Guaranteed Benefit to employees
ADANI PORTS
Dec 2022 APSEZ handled 25.1MMT of cargo up 8% YOY
April to Dec APSEZ clocked 253MMT of cargo, up 8% YOY
SUPRIYA LIFE
Attestation of Inspection (EU-GMP) granted by European Directorate for the Quality of Medicines
BAJAJ FINANCE
Customer franchise at 66mm vs 55.4mm YOY
3.1mm – Highest ever quarterly increase in customer franchise
New loans booked highest ever at 78 lac vs 74 lac YOY
AUM grew 27% YOY to 230850cr vs 181250cr YOY
Net liquidity surplus at 12750cr
CRAR at 25.1%
Deposit book grew 41% to 43000cr vs 30481cr YOY
IRB INFRA
Stock split from 1 share of `10 each to 10 shares of `1 each
Shareholder approval required
MoA to be amended
Record date to be decided
To be completed on or before 28 Feb
To enhance liquidity
M&M FINANCE
RBI lifts ban on carrying out any recovery or repossession activity through outsourcing arrangements
Restrictions imposed on the Company lifted with immediate effect
MARICO: Q3 Update
Urban and premium categories maintained their steady pace of growth
Recovery in rural demand was not as discernible
Inflation stayed at elevated levels
Indian business – mid-single-digit volume growth
Expect the brand to deliver growth in line with medium term aspiration
Saffola franchise grew in double digits
Value Added Hair Oils had a subdued quarter
Gross and operating margins are expected to improve YOY and QOQ
Modest growth in operating profit
HUL
Hindustan Unilever Limited has completed the acquisition of 19.8% shareholding of Nutritionalab, for a total consideration of INR 70.00 Crores
RATTAN INDIA
Co has invested 1 million AED, in wholly owned foreign subsidiary of the Company by the name ‘NEORISE TECHNOLOGIES – FZCO’ which has been formed under Dubai Silicon Oasis Authority and registered in Free Zone Company
SJVN
Union Cabinet (CCEA) approves Investment of ₹2,614 Crore for Company’s 382 MW Sunni Dam Hydro Project
GR INFRA
Appointed date for 1085cr project
KIMS
Board meet for raising funds of 300cr through NCD route
KALPATARU
Shailendra Kumar Tripathi is Deputy MD and KMP
MOA, AOA amended consequent to amalgamation with JMC Projects
HPCL
HPCL to Build 9MMTPA Refining Plus Petchem Complex in Rajasthan
RBL BANK
Deposits grew 11% YOY, 3% QOQ
Advances grew 14% YOY, 6% QOQ
CASA grew 18% YOY, 4% QOQ
CASA ratio up 40bps QOQ
AU Small
Deposits up 5% QOQ, at 61k cr
CASA ratio at 38% vs 42% QOQ
Advances grew 7% QOQ, at 56k cr
disbursements grew to above 10k cr, up 16% QOQ
Tata Power
Order of Central Electricity Regulatory Commission in respect of the Mundra Plant of the Company.
Central Electricity Regulatory Commission has allowed Tata Power Co. compensation for emergency supplies of power from its power plant in Gujarat that runs on imported coal
BF Investment
Board did not approve the delisting proposal as it did not comply with one of the delisting rules.
FROM AGENCIES
India, France to Hold Strategic Dialogue in New Delhi Jan. 5
Indian mills raise #HRC list #prices by up to INR 2,000/t ($24) for January deliveries: SteelMint
Citi cuts India current account deficit forecast to below 3% of
Adani Group plans 5G Enterprise Services, App this year: TOI
INSIDER TRADE
ANALYST MEETS
Mahindra Seamless to meet Abakkus, Green Lantern, Aequitas Investment on Jan 5th
