Powered by: Motilal Oswal

News

The Markets are expected to open higher today as trend in SGX nifty - ARETE Securities Market Updates The Markets are expected to open higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 116 points higher at 19,727 on thursday. LTIMindtree: The IT company has launched two industry solutions—AdSpark and Smart Service Operations—to accelerate the time-to-market for businesses on the Salesforce platform. Mazagon Dock Shipbuilders: The company has signed a Master Ship Repair Agreement with the U. S. govern...
The Markets are expected to open higher today as trend in SGX nifty - ARETE Securities
The Markets are expected to open higher today as trend in SGX nifty - ARETE Securities
Source: ARETE Securities
8/09/2023 8:52:10 AM
Company Update : Bikaji Foods International Limited By Arete Securities Ltd Bikaji Foods International Limited is one of India's largest fast-moving consumer goods ("FMCG") brands. The company's product range includes six principal categories with 300+ products: bhujia, namkeen, packaged sweets, papad, western snacks as well as other snacks which primarily include gift packs (assortment), frozen food, mathri range, and cookies. Key Highlights • Largest ethnic snacks company in India. Strong leadership in core states delivering 14.7% in co...
Company Update : Bikaji Foods International Limited By Arete Securities Ltd
Company Update : Bikaji Foods International Limited By Arete Securities Ltd
Source: ARETE Securities
7/09/2023 4:40:00 PM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 36 points higher at 19,611 on wednesday. Biocon: Its subsidiary Biocon Biologics has completed the integration of the acquired biosimilars business from Viatris in North America (the United States and Canada). It is expected to grow its employee count to over 150 in North America by the end of the year Varroc Engineering: ...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
Source: ARETE Securities Ltd
7/09/2023 9:05:45 AM
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 46 points higher at 19,574 on tuesday. Vedanta: The Zambian government has agreed to return ownership of Konkola Copper Mines to Vedanta Resources. Konkola Copper Mines assets have reserves of 16 million tonnes of copper. GAIL India: The Central Bureau of Investigation has arrested KB Singh, Executive Director (ER & ...
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities
Source: ARETE Securities
6/09/2023 8:52:18 AM
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 93 points higher at 19,528 on monday. Hero MotoCorp: The company will invest Rs 550 crore in Ather Energy Private's rights issue. The Splendor-maker, which currently holds 33.1% stake in Ather, will see its shareholding rise in the company. The transaction is expected to be completed before the end of September. Tata Po...
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities
Source: ARETE Securities
5/09/2023 8:47:03 AM
The Markets are expected to open marginally higher today as trend in SGX nifty - ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 181 points higher at 19,435 on friday. ONGC The board has approved capital restructuring of ONGC Petro additions (OPAL). It includes buyback of convertible debentures of Rs 7,778 crore by ONGC and an investment of Rs 7,000 crore in equity/quasiequity security of OPaL. Coal India: The state-run miner's production ros...
The Markets are expected to open marginally higher today as trend in SGX nifty - ARETE Securities
The Markets are expected to open marginally higher today as trend in SGX nifty - ARETE Securities
Source: ARETE Securities Ltd
4/09/2023 9:28:01 AM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index - ARETE Securities Ltd Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 93 points lower at 19,253 on thursday. Reliance Industries: The company's media unit Viacom 18 bagged both TV and digital rights of the Indian cricket team's home series for the next five years with a cumulative bid of approximately Rs 6,000 crore, beating Star India and Sony in a three-way battle. The rights will com...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index - ARETE Securities Ltd
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index - ARETE Securities Ltd
Source: ARETE Securities Ltd
1/09/2023 8:49:16 AM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index - ARETE Securities Ltd Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 4 points higher at 19,347 on wednesday. Gensol Engineering: The company received in-principle approval from NSE to issue 4.05 lakh equity shares at a price not less than Rs 1,480.08 to nonpromoter on a preferential basis pursuant to share swap basis. Bharat Heavy Electricals: The company has secured an order for settin...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index - ARETE Securities Ltd
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index - ARETE Securities Ltd
Source: ARETE Securities Ltd
31/08/2023 8:47:12 AM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 36 points higher at 19,342 on tuesday. ONGC: Company will invest about Rs 2 lakh crore to achieve zero carbon emissions by 2038, its chairman Arun Kumar Singh said on Tuesday. It will invest Rs 1 lakh crore by 2030 in setting up 10 gigawatts of renewable energy capacity, green ammonia plant, and offshore wind energy projects,...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd
Source: ARETE Securities Ltd
30/08/2023 8:56:05 AM
The Markets are expected to open marginally negative today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd Market Updates The Markets are expected to open marginally negative today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 40 points higher at 19,306 on monday. SJVN: The state-run power company's unit, SJVN Green Energy, bagged a deal from APDCL for three solar projects with a cumulative capacity of 320 MW in Assam. The cost of the project is Rs 1,900 crore. NBCC India: The company received a work order worth Rs 66.32 crore from the ...
The Markets are expected to open marginally negative today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd
The Markets are expected to open marginally negative today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd
Source: ARETE Securities Ltd
29/08/2023 8:58:39 AM
The Markets are expected to open marginally positive today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd Market Updates The Markets are expected to open marginally positive today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 120 points lower at 19,265 on friday. L&T: The company has received shareholder approval for a proposal to buyback shares of up to Rs 10,000 crore. Garden Reach Shipbuilders & Engineers: An MoU was signed with DEMPO Group to launch a collaboration model to build commercial vessels in the three premier shipyard...
The Markets are expected to open marginally positive today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd
The Markets are expected to open marginally positive today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd
Source: ARETE Securities Ltd
28/08/2023 8:48:05 AM
The Markets are expected to open marginally negative today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd Market Updates The Markets are expected to open marginally negative today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 57 points lower at 19,386 on thursday. Astra Microwave Products: The company got orders worth Rs 158 crore from ISRO, DRDO, and DPSU for the supply of satellite sub-systems, airborne radar, subsystems of radar, and EW projects. Bharti Airtel: The telecom giant gained 14.1 lakh mobile users during June and ended the mo...
The Markets are expected to open marginally negative today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd
The Markets are expected to open marginally negative today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd
Source: ARETE Securities Ltd
25/08/2023 8:48:29 AM
The Markets are expected to open marginally positively today as trend in SGX nifty indicate a positive star - ARETE Securities Ltd Market Updates The Markets are expected to open marginally positively today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 47 points higher at 19,444 on wednesday. NHPC: The company signed an MoU with Andhra Pradesh Power Generation Corporation for renewable energy projects in the state. The MoU allows parties to form a JV to implement techno-commercially viable pumped storage hydropower projects and other renewable energy projects allotted b...
The Markets are expected to open marginally positively today as trend in SGX nifty indicate a positive star - ARETE Securities Ltd
The Markets are expected to open marginally positively today as trend in SGX nifty indicate a positive star - ARETE Securities Ltd
Source: ARETE Securities Ltd
24/08/2023 8:43:00 AM
The Markets are expected to open positively today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd Market Updates The Markets are expected to open positively today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 2.85 points higher at 19,396.5 on tuesday. Jio Financial Services: The stock hit the 5% lower circuit on Tuesday, as a result of which the scrip will now be removed from all S&P BSE indices on Aug. 29. If JFS continues to hit a lower circuit in the next two days, the removal date will be deferred by another three days. Adani ...
The Markets are expected to open positively today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd
The Markets are expected to open positively today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd
Source: ARETE Securities Ltd
23/08/2023 8:45:47 AM
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 83 points higher at 19,393 on monday. Union Bank of India: The board approved to raise up to Rs 5,000 crore from Qualified Institutions Placement. It set the floor price at Rs 91.10 apiece for the issue opened on Aug. 21. Sanghi Industries: Ambuja Cements has made an open offer to acquire a 26% stake for Rs 767.16 crore....
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd
Source: ARETE Securities Ltd
22/08/2023 8:53:36 AM
Hold Aditya Birla Fashion and Retail Ltd For Target Rs.200 - ARETE Securities Aditya Birla Fashion and Retail Limited (ABFRL), affiliated with the prominent Indian conglomerate The Aditya Birla Group, faced a challenging quarter with a 38% YoY decline in EBITDA, resulting in negative operating leverage, while PAT plummeted by 271% YoY due to lackluster performance in the Pantaloons segment and sustained investments in TMRW and ethnic ventures. Of greater concern is the escalating debt and elevated inventory levels (net debt: INR 21 billion, projected to reach INR 28 bi...
Hold Aditya Birla Fashion and Retail Ltd For Target Rs.200 - ARETE Securities
Hold Aditya Birla Fashion and Retail Ltd For Target Rs.200 - ARETE Securities
Source: ARETE Securities Ltd
21/08/2023 2:19:20 PM
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 55 points lower at 19,310 on friday. Ashok Leyland: The company would be issuing a corporate guarantee of GBP 82.10 million or Rs 870 crore to cover the lender facilities of U.K. two subsidiaries— Optare and Switch Mobility. United Spirits: The company signed an extra-neutral alcohol manufacturing contract with Cap...
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd
Source: ARETE Securities Ltd
21/08/2023 8:50:27 AM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 99 points lower at 19,365 on thursday Zydus Lifesciences: The company got final approval from the USFDA for Doxepin tablets used to treat insomnia. Doxepin tablets, 3 mg and 6 mg had annual sales of $43.4 million in the U.S. Adani Green Energy: Its associate company, Mundra Solar Energy, has received approval for its so...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Ltd
Source: ARETE Securities Ltd
18/08/2023 8:43:22 AM
Buy Radico Khaitan Ltd For Target Rs.1,590 - ARETE Securities Ltd RadicoKhaitan, a prominent player and the largest manufacturer of Indian Made Foreign Liquor in India's liquor industry, has announced robust quarterly results with a 25% YoY revenue growth. Despite significant commodity inflation in ENA and glass bottles, the company has maintained strong gross margins through price increases and a premiumization trend. Additionally, the recent launch of "Happiness in a Bottle: A Happily Crafted Gin" in their super premium product line and the ...
Buy Radico Khaitan Ltd For Target Rs.1,590 - ARETE Securities Ltd
Buy Radico Khaitan Ltd For Target Rs.1,590 - ARETE Securities Ltd
Source: ARETE Securities Ltd
17/08/2023 3:14:59 PM
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative star - ARETE Securities Ltd Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 30 points higher at 19,465 on wednesday. One97 Communications: Chinese e-commerce major Alibaba group firm Antfin has transferred its 10.3% stake to the fintech firm's founder and CEO Vijay Shekhar Sharma. The deal turns Paytm into a majorly Indian-owned company from being majorly owned by Chinese entities. Cipla: Th...
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative star - ARETE Securities Ltd
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative star - ARETE Securities Ltd
Source: ARETE Securities
17/08/2023 8:43:41 AM
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities Ltd Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 6 points higher at 19,434 on monday. Hero MotoCorp: The company received the family settlement deal from promoter group under which Sunil Kant Munjal has resigned as Joint Managing Director and will exit the company. The management and control will vest with the family group comprising of Santosh Munjal, Renu Munjal, Suman Kan...
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities Ltd
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities Ltd
Source: ARETE Securities Ltd
16/08/2023 8:45:21 AM
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 114 points lower at 19,428 on friday. Sterling and Wilson Renewable Energy: The company bagged a Rs 1,130 crore order from Gujarat Industries Power for its proposed 600 MWac solar project at Khavda. The project comprises two blocks of 300 MWac with a three-year operation and maintenance contract. Reliance Industries: Ji...
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Ltd
Source: ARETE Securities Ltd
14/08/2023 9:23:44 AM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 89 points higher at 19,543 on thursday. NBCC India: The company awarded an order for the redevelopment of GPRA Colony at Sarojini Nagar, New Delhi, to Varindera Constructions for a total contract value of Rs 955.8 crore. DLF, Medanta: The companies entered into a 50:50 joint venture in a special purpose vehicle to set...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
Source: ARETE Securities Ltd
11/08/2023 9:12:48 AM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 26 points lower at 19,570 on tuesday. Century Plyboards (India): The company has completed the acquisition of entire stake of Pacific Plywoods. Jay Bharat Maruti: The company's board has approved a stock split of existing shares in 5:2 ratio. It will split existing equity shares with face value of Rs 5 into equity shares ...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
Source: ARETE Securities Ltd
9/08/2023 9:52:48 AM
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 80 points higher at 19,597 on monday. RailTel Corporation of India: The company has received the work order from Pimpri Chinchwad Smart City for providing end-to-end services for monetisation of PCSCL city network infrastructure on revenue sharing model. The estimated annual revenue from the contract is Rs 70 crore and the tot...
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities
The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start - ARETE Securities
Source: ARETE Securities Ltd
8/08/2023 8:43:04 AM
Monthly Auto Sales Update July 2023 by ARETE Securities In the realm of wholesale volumes, the performance of PVs was notably strong, marking a growth of 5% YoY and an impressive 11% on MoM basis. Maruti Suzuki experienced a 5% YoY increase in its domestic PV volumes, accompanied by a substantial 14% sequential growth which can be attributed to the growth seen in SUV segment and a strong underlying order book. Tata Motors volumes were flat on YoY and QoQ bases. Mahindra & Mahindra domestic volumes continue to remain robust on back of strong or...
Monthly Auto Sales Update July 2023 by ARETE Securities
Monthly Auto Sales Update July 2023 by ARETE Securities
Source: ARETE Securities Ltd
7/08/2023 12:53:52 PM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 135 points lower at 19,517 on friday. AIA Engineering: The company will acquire 30% stake in Australia's MPS for A$7.86 million via share purchase agreement and shareholders' agreement. The acquisition will happen via UAE-based Vega Industries, the company's wholly owned subsidiary. The unit has the option to acqu...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
Source: ARETE Securities
7/08/2023 8:53:45 AM
The Markets are expected to open marginally higher today as trend in SGX nifty - ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 144 points lower at 19,381 on thursday. Vedanta: S&P Global Ratings revised the rating outlook on Vedanta Resources to negative from stable to reflect the heightened refinancing risk due to its large debt maturities up until March 2025. Moreover, its promoter entity Twin Star Holdings sold 15.4 crore shares (4.1%) at Rs 2...
The Markets are expected to open marginally higher today as trend in SGX nifty - ARETE Securities
The Markets are expected to open marginally higher today as trend in SGX nifty - ARETE Securities
Source: ARETE Securities Ltd
4/08/2023 9:09:24 AM
The Markets are expected to open marginally higher today as trend in SGX nifty - ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 207 points lower at 19,526 on wednesday. Vedanta: Twin Star Holdings is likely to sell 4.3% stake via a block trade, seeking at least Rs 4,136 crore. The shareholder may sell 16 crore shares at floor price of Rs 258.5 apiece, representing a discount of 5% on Wednesday's closing price. UltraTech Cement: The company w...
The Markets are expected to open marginally higher today as trend in SGX nifty - ARETE Securities
The Markets are expected to open marginally higher today as trend in SGX nifty - ARETE Securities
Source: ARETE Securities Ltd
3/08/2023 9:03:42 AM
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities Market Updates The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index after Nifty closed 107 points higher at 19,753 on monday EaseMyTrip: The company will buy 51% stake each in Guideline, Tripshope and Dook in all stock deal. The consideration will be paid by issuing equity shares to the selling shareholders of the companies on a preferential basis. Maruti Suzuki: The car maker approved to terminate contract manufacturing ...
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities
Source: ARETE Securities Ltd
1/08/2023 8:51:51 AM
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities Market Updates The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index after Nifty closed 13 points lower at 19,646 on friday. Piramal Enterprises: The company has approved a buyback of 1.4 crore equity shares worth Rs 1,750 crore. The shares will be bought at Rs 1,250 apiece. The buyback size represents 5.87% of total paid-up equity share capital, and it will be open for a period of five working days. Avenue Supermarts: The...
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities
Source: ARETE Securities Ltd
31/07/2023 8:54:31 AM
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start Market Updates The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index after Nifty closed 118 points lower at 19,659 on thursday Rail Vikas Nigam: Government has agreed to exercise green shoe option in Rail Vikas Nigam offer for sale. It will divest an additional 1.96% stake in Rail Vikas Nigam under its green shoe option. The non-retail portion got 273% demand on Day 1 Ipca Laboratories: The Competition Commission of India ...
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start
Source: ARETE Securities Ltd
28/07/2023 8:59:31 AM
The Markets are expected to open higher today as trend in SGX nifty indicate a positive start - ARETE Securities Market Updates The Markets are expected to open higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 97 points higher at 19,778 on wednesday. Rail Vikas Nigam: Government to sell up to 5.36% stake in Rail Vikas Nigam via offer for sale route. This includes a green shoe option of selling 1.96% stake. The offer opens Thursday for non-retail investors. The floor price for the OFS will be Rs 119 per share Marico: The company has acqu...
The Markets are expected to open higher today as trend in SGX nifty indicate a positive start - ARETE Securities
The Markets are expected to open higher today as trend in SGX nifty indicate a positive start - ARETE Securities
Source: ARETE Securities Ltd
27/07/2023 8:56:00 AM
Buy Ashok Leyland Ltd For Target Rs. 214 - ARETE Securities Ltd Revenue for Q1 came at INR 81,893 Mn up 13% on YoY basis and was down 30% on sequential basis which was mainly due to pre buying seen in Q4FY23. During the quarter, company's MHCV volumes have grown at 7% on a YoY basis surpassing the industry growth of 3%, resulting in market share improvement from 31.1% in Q1FY23 to 31.7% in Q1FY24. The revenue growth was primarily driven by the power solutions and after-market segments, with power solutions volumes doubling and aftermarket volumes incr...
Buy Ashok Leyland Ltd For Target Rs. 214 - ARETE Securities Ltd
Buy Ashok Leyland Ltd For Target Rs. 214 - ARETE Securities Ltd
Source: ARETE Securities Ltd
26/07/2023 2:47:15 PM
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities Market Updates The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index after Nifty closed 8 points higher at 19680 on tuesday. Tata Motors: The company's board approved NCLT scheme of arrangement for cancellation of 'A' Ordinary Shares or DVR shares. It will cancel DVR shares and issue ordinary shares. The DVR shareholders to receive 7 ordinary shares for every 10 DVR shares held. The shareholding of promoter and promo...
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities
Source: ARETE Securities Ltd
26/07/2023 8:43:22 AM
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 72 points lower at 19672 on monday SJVN: The company has bagged five hydro power projects totalling 5097 MW in Arunachal Pradesh's Dibang Basin. The investment will be worth Rs 50,000 crore. Tata Steel: The company approved to re-appoint T. V. Narendran as the chief executive officer and managing director of the company...
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities
Source: ARETE Securities Ltd
25/07/2023 8:43:08 AM
The Markets are expected to open marginally lower today as trend in SGX nifty ARETE Securities Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 234 points lower at 19,745 on friday. Aarti Drugs: The company has approved the buyback of 6.65 lakh fully paid-up equity shares, representing 0.72%, at Rs 900 per share, aggregating up to Rs 59.85 crore, which is 5.44% and 5.10% of the fully paid-up equity share capital and free reserves. SJVN: The company signed Power ...
The Markets are expected to open marginally lower today as trend in SGX nifty ARETE Securities
The Markets are expected to open marginally lower today as trend in SGX nifty ARETE Securities
Source: ARETE Securities Ltd
24/07/2023 8:49:45 AM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 146 points higher at 19,833 on thursday. Jindal Stainless: The company completed acquisition of Jindal United Steel by acquiring remaining 74% stake for Rs 958 crore, making JUSL a 100% owned subsidiary of JSL. LTIMindtree: The company announced strategic partnership with CYFIRMA to enhance the threat intelligence capab...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
Source: ARETE Securities Ltd
21/07/2023 8:42:09 AM
The company has awarded a Rs 395.12 crore contract to Megha Engineering- ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 83 points higher at 19,833 on wednesday.   Olectra Greentech: The company has awarded a Rs 395.12 crore contract to Megha Engineering & Infrastructure to construct a greenfield electric vehicle manufacturing facility at Seetharampur, Hyderabad.   Genus Power Infrastructures: The company has incorporate...
The company has awarded a Rs 395.12 crore contract to Megha Engineering- ARETE Securities
The company has awarded a Rs 395.12 crore contract to Megha Engineering- ARETE Securities
Source: ARETE Securities
20/07/2023 9:03:52 AM
The Markets are expected to open marginally flat today as trend in SGX nifty indicate a flat start for the broader index - ARETE Securities Market Updates The Markets are expected to open marginally flat today as trend in SGX nifty indicate a flat start for the broader index after Nifty closed 37 points higher at 19,749 on tuesday. L&T Technology Services: The company won a $50 million contract from a global technology company to enable new opportunities for digital media platforms. This agreement has a tenure of 5 years. Ramkrishna Forgings: The company has started commercial production of 13,700 TPA of R A Sh...
The Markets are expected to open marginally flat today as trend in SGX nifty indicate a flat start for the broader index - ARETE Securities
The Markets are expected to open marginally flat today as trend in SGX nifty indicate a flat start for the broader index - ARETE Securities
Source: ARETE Securities Ltd
19/07/2023 8:42:55 AM
The Markets are expected to open marginally flat today as trend in SGX nifty indicate - ARETE Securities Market Updates The Markets are expected to open marginally flat today as trend in SGX nifty indicate a flat start for the broader index after Nifty closed 146 points higher at 19,711 on monday. Reliance Industries: Jio Financial Services to be included in Nifty 50 from July 20. It will also be included in the Nifty 50, Nifty 100, Nifty 200, and Nifty 500 indices, among others, with effect from July 20. Jio Financial will be added to 18 S&P BSE indices on July 20. This is on accou...
The Markets are expected to open marginally flat today as trend in SGX nifty indicate - ARETE Securities
The Markets are expected to open marginally flat today as trend in SGX nifty indicate - ARETE Securities
Source: ARETE Securities Ltd
18/07/2023 8:45:40 AM
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index - ARETE Securities Market Updates The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index after Nifty closed 29 points higher at 19,413 on thursday. Rail Vikas Nigam: Rail Vikas Nigam bagged a letter of award worth Rs 808 crore from National Highways Authority of India for rehabilitation and up gradation of some part of National Highway-53 in Odisha. The project is to be executed in 24 months. JBM Auto: JBM Auto and its units will supply 5000 ...
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index - ARETE Securities
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index - ARETE Securities
Source: ARETE Securities Ltd
14/07/2023 8:46:50 AM
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities Market Updates The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index after Nifty closed 55 points low at 19,384.3 on wednesday. Dr. Reddy’s Laboratories: The drugmaker’s biologics license application for its proposed biosimilar rituximab has been accepted by the U.S. Food and Drug Administration, the European Medicines Agency, and the U.K. Medicines and Healthcare Products Regulatory Agency. The biosimilar will be us...
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start - ARETE Securities
Source: ARETE Securities
13/07/2023 8:52:51 AM
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index - ARETE Securities Market Updates The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index after Nifty closed 83 points higher at 19,439 on tuesday. Happiest Minds Technologies: The company fixed Rs 972.16 as floor price for the issue under qualified institutional placements. The company had in Oct 2022 planned to raise Rs 1400 crore through various means. Adani Enterprises: The company raised Rs 1,250 crore via bonds. It allotted 125,000 secur...
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index - ARETE Securities
The Markets are expected to open flat today as trend in SGX nifty indicate a flat start for the broader index - ARETE Securities
Source: ARETE Securities Ltd
12/07/2023 8:48:42 AM
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities Market Updates The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start for the broader index after Nifty closed 24 points lower at 19,355 on monday. Nazara Technologies: The board of Nazara Technologies will raise up to Rs 750 crore via equity and equity linked instruments or securities. The fundraise will be either through one or more qualified institutional placements or preferential allotment or a mix of both. State Bank of India...
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
The Markets are expected to open marginally higher today as trend in SGX nifty indicate a positive start - ARETE Securities
Source: ARETE Securities
11/07/2023 8:48:03 AM
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 165 points lower at 19,331 on friday. Vedanta: The company has acquired two units of Twin Star Technologies; Vedanta Foxconn Semiconductors and Vedanta Displays via share transfer thus adding semiconductors and display glass ventures to portfolio. The share purchase price of Vedanta Displays is at a face value of Rs 5 lakh. ...
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities
Source: ARETE Securities
10/07/2023 8:43:55 AM
Monthly Auto Sales Update June 2023 by ARETE Securities In June, Auto Volumes came in a mix where both PV & CV showed decent growth both on yearly and monthly basis. M&M domestic PV sales grew 21% on yearly basis while TAMO grew 5% on yearly basis. These positive sales trends in the PV segment reflect the strong demand and acceptance of SUVs in the market. 2w continue to be under pressure in month of June as well. These decline in volumes of Bajaj Auto and TVS motors are primary due to continue decline seen in exports markets like Nige...
Monthly Auto Sales Update June 2023 by ARETE Securities
Monthly Auto Sales Update June 2023 by ARETE Securities
Source: ARETE Securities Ltd
6/07/2023 10:00:37 AM
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities Market Updates The Markets are expected to open marginally lower today as trend in SGX nifty indicate a negative start for the broader index after Nifty closed 9 points higher at 19,398 on wednesday. Solara Active Pharma: The company has agreed to raise funds through issue of equity shares of face value of Rs 10, not exceeding Rs 450 crore by the way of rights issue to eligible equity shareholders of the company. DCB Bank: Reserve Bank of India has approved Tata Asset Managemen...
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities
The Markets are expected to open marginally lower today as trend in SGX nifty - ARETE Securities
Source: ARETE Securities Ltd
6/07/2023 8:48:20 AM