Tuesday, August 20, 2024

Stock to Watch Today - Rupeedesk Reports - 21.08.2024

Stock to Watch Today - Rupeedesk Reports - 21.08.2024


Stock to Watch Today - Rupeedesk Reports - 21.08.2024
Stock to Watch Today - Rupeedesk Reports - 21.08.2024
Stock to Watch Today - Rupeedesk Reports - 21.08.2024

Buzzing Stocks : Cyient, PNB Housing Finance, Genus Power Infra, Petronet LNG, Ola Electric in focus on Wednesday.

Cyient DLM : Promoter Cyient is likely to sell a 14.5% stake or 1.15 crore equity shares in Cyient DLM via block deals on August 21. The deal size is expected to be Rs 860.9 crore, with a floor price of Rs 748.65 per share. After the deal, Cyient’s shareholding in Cyient DLM will decline from 66.66% to 52.16%.

PNB Housing Finance : General Atlantic Singapore Fund FII Pte is likely to sell a 5.1% equity stake in the company through a block deal, according to CNBC-TV18 sources. The floor price for the deal may be Rs 775 per share, with the offer size likely to be Rs 1,032.7 crore.

GE T&D India : Promoters GE Grid Alliance BV and Grid Equipments are reviewing their shareholding structure in the company to simplify it. In this regard, they will evaluate the possibility of a minority stake sale in the company.

Genus Power Infrastructures : Genus Power Infrastructures' wholly-owned subsidiary has received three Letters of Award (LOA) totaling Rs 3,608.52 crore for the appointment of advanced metering infrastructure service providers (AMISPs). The orders involve designing an Advanced Metering Infrastructure (AMI) system, including the supply, installation, and commissioning with FMS of about 4.26 million smart prepaid meters, system meters, including DT Meters with corresponding energy accounting on a DBFOOT basis.

Tata Chemicals : SES ESG Research (SES) has assigned an Environmental, Social, and Governance (ESG) Score (Adjusted) of 69.4 (Grade B) to Tata Chemicals based on data pertaining to FY24. The company did not engage SES for this ESG rating. SES independently prepared the report based on FY24 data available in the public domain.

Ola Electric Mobility : Ola's scooters S1 X 3 kWh and S1 X 4 kWh have received Certification for Compliance with the eligibility assessment requirements as per the Production Linked Incentive (PLI) scheme for the automobile and auto components industry. Both the S1 X 3 kWh and S1 X 4 kWh scooters have successfully met the stringent minimum localization criteria of 50%, as mandated by the Ministry of Heavy Industries.

Larsen & Toubro : The Bombay High Court has quashed and set aside the show-cause notice issued by the GST authorities. The company had filed a Writ Petition in the Bombay High Court against the show-cause notice issued by the Principal Commissioner of GST and Service Tax, Mumbai, regarding a service tax demand of Rs 2,237 crore on an erstwhile subsidiary for tax already paid by the company with respect to certain transactions undertaken post-demerger.

Exide Industries : Exide Industries has further invested Rs 75 crore in its subsidiary Exide Energy Solutions on a rights basis. With this investment, the total investment made by the company in the subsidiary stands at Rs 2,652.24 crore. There is no change in the shareholding percentage of the company in the subsidiary following this acquisition.

BGR Energy Systems : The company has received an intimation of termination of contract from Jharkhand Urja Sancharan Nigam (JUSNL project) concerning the supply, installation, testing, and commissioning of 132/33 kV GIS at Sarath, Sundernagar, and Chattarpur. There is no material impact on the financials, operations, or other activities of the company.

Petronet LNG : The company has entered into a Memorandum of Understanding (MoU) with LTL Holdings (LTL) of Sri Lanka for the supply of LNG to LTL’s dual-fuelled power plant(s) in Kerawalapitiya, Colombo. The proposed supply of LNG from Petronet's Kochi LNG terminal would be through LNG ISO tank containers involving a multi-modal transport system. The initial term of LNG supply would be five years, extendable subject to mutual agreement.

NHPC : An incident of a landslide occurred at NHPC's 510 MW Teesta-V Power Station (Sikkim), affecting the TRT (tail race tunnel) gate hoist structure and part of the GIS building. The power station is currently not operational and is undergoing restoration works after the flash flood of October 2023.

Reliance Industries : Subsidiary Reliance Jio added 19.11 lakh subscribers in June, compared to the addition of 21.95 lakh subscribers in May. Its market share was 40.71% in terms of wireless subscribers as of June 2024.

Bharti Airtel : The telecom operator added 12.52 lakh subscribers in June, compared to the addition of 12.50 lakh users in the previous month. Its market share was 33.23% in terms of wireless subscribers as of June 2024.

Vodafone Idea : The third-largest telecom operator lost 8.60 lakh subscribers in June 2024, compared to a loss of 9.24 lakh users in May. Its market share was 18.56% in terms of wireless subscribers as of June 2024.

Zomato : Antfin Singapore Holding Pte, a part of Alibaba, sold a 1.05% stake each in the food delivery giant at an average price of Rs 257.46 per share and Rs 257.17 per share, respectively.

HG Infra Engineering : Aditya Birla Sun Life Mutual Fund bought a 0.75% stake and TATA Mutual Fund picked up a 0.73% stake in the company at an average price of Rs 1,566.50 per share. However, promoters Girishpal Singh Family Trust, Harendra Singh Family Trust, and Vijendra Singh Family Trust sold a 2.76% stake in the company at the same price.

Krishna Institute of Medical Sciences : SBI Life Insurance Company bought a 0.97% stake in the company at an average price of Rs 2,373.30 per share, while India Advantage Fund S4-I sold a 0.89% stake in the company at the same price.

Sicagen India : Promoter AMI Holdings bought a 0.98% stake in the company at an average price of Rs 69.94 per share.

Eraaya Lifespaces : Bridge India Fund bought a 0.9% stake in the company at an average price of Rs 800 per share.

Stocks Under F&O Ban : NALCO, Aarti Industries, Aditya Birla Fashion and Retail, Balrampur Chini Mills, Bandhan Bank, Birlasoft, GNFC, Granules India, Hindustan Copper, India Cements, LIC Housing Finance, Manappuram Finance, Piramal Enterprises, RBL Bank, SAIL, Sun TV Network

 Online Stock Market Traning :  Whatsapp  : 9841986753
One to One Share Market Training  :  Whatsapp  : 9841986753
RUPEEDESK SHARES
We(rupeedesk.in) are SEBI Registered leading Indian Stock Market Trading Tips Providers for Equity,Commodity and currency market traded in NSE, BSE, MCX, , NCDEX And MCXSX.USDINR,EURINR,GBPINR,JPYINR,Dollar,Euro,Pound,Yen currencies.Indian Currency futures and Options Trading Tips. . Free Currency Tips|Stock and Nifty Options Tips| Commodity Tips |Intraday Tips Register Here : 91-9094047040 |91-9841986753 
*Data Source : Govt, Nse ,Bse, Private News Channels and Websites Etc

No comments:

Post a Comment