Stock to Watch ERIS - 16.03.2023
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Thursday, March 16, 2023
Stock to Watch ERIS - 16.03.2023
Stock to Focus HGINFRA - 16.03.2023
Stock to Focus HGINFRA - 16.03.2023
Wednesday, March 15, 2023
Stock to Watch Today - Rupeedesk Reports - 16.03.2023
Stock to Watch Today - Rupeedesk Reports - 16.03.2023
Buzzing Stocks: Ramkrishna Forgings, Sona BLW, Federal Bank, and others in news today.
Ramkrishna Forgings & Titagarh Wagons: Ramkrishna Forgings in consortium with Titagarh Wagons has been declared the lowest bidder (L1) by the Ministry of Railways for manufacturing and supplying of forged wheels under the 'Atmanirbhar Bharat' initiative. This tender is aimed at reducing the Indian Railway's import-dependence, by inviting the industry to set up a facility to produce these wheels, which will primarily be used for semi-high speed trains (Vande Bharat) and high-speed trains (bullet train). The Consortium will set up a manufacturing facility in India for forged wheel production and will supply approximately 1.6-million-wheel discs of different rolling stocks of Indian Railways over a period of 20 years at about 80,000 wheels per annum.
Federal Bank: The board of Directors of the lender will meet on March 18 to consider the proposal to raise funds by way of issue of unsecured Basel III Tier-II subordinate bonds in the nature of debentures, amounting to Rs 1,000 crore on a private placement basis.
Sarda Energy & Minerals: The company has received the consent to operate from Chhattisgarh Environment Conservation Board, Raipur, for expansion in existing rolling mill from 1.8 lakh tonnes per annum to 2.5 lakh tonnes per annum.
Sunflag Iron and Steel Company: The company has entered into long term power delivery agreements (PDA) with the 3 solar power producer companies. The company also executed share subscription and shareholders’ agreements with Renew Green Energy Solutions (promoter) and those 3 solar power producer companies for developing and operating renewable energy projects and deliver the power generated from its 71.34 MW solar photovoltaic projects to the company for 15 years extendable upto 25 years.
Mindspace Business Parks REIT: The company has completed the first REIT level green bond issuance in India. Mindspace REIT has raised Rs 550 crore with a tenor of three years and thirty days at a fixed quarterly coupon of 8.02% per annum payable quarterly. The issuance is rated AAA/Stable each by CRISIL Ratings and ICRA.
Sona BLW Precision Forgings: GIC Private Ltd on account of Government of Singapore and the Monetary Authority of Singapore acquired additional 5.13 percent stake in the auto ancillary company via open market transactions on March 13. With this, their shareholding in the company increased to 6.6 percent, up from 1.47 percent earlier.
TIL: Life Insurance Corporaion of India sold 2.12 percent stake or 2.12 lakh shares in the material handling equipment manufacturer via open market transactions. After stake sale, its shareholding in the company dropped to 8.07 percent, down from 10.199 percent earlier.
Sadbhav Engineering: Dwigesh Joshi has been appointed as Chief Financial Officer (CFO) of the company and is also appointed as additional executive director of the company for three years with effect from March 15. Jatin Thakkar has resigned as Chief Financial Officer of the company with immediate effect due to personal reasons. Thakkar has been appointed as an additional non-executive director of the company with effect from March 15 and will hold office up to the ensuing General Meeting of the company.
JSW Energy: The power producer has raised Rs 250 crore via non-convertible debentures as its Finance Committee has approved the allotment of 25,000 non-convertible debentures of Rs 1 lakh each. In October last year, the board had approved raising of funds upto Rs 2,500 crore via NCDs on private placement basis. The date of maturity is March 13, 2026.
Orient Paper and Industries: The board of directors of the company has approved the capital expenditure of Rs 475 crore towards modernization and debottlenecking of manufacturing facility at Amlai, Madhya Pradesh. The project will improve operating capacity of the paper mill to 400 tonnes per day and is likely to be completed in 24 months.
NIBE: The company has received four purchase orders worth Rs 57.33 crore from Larsen & Toubro. The company will manufacture bridge center module structure and other assemblies and sub-assemblies of modular bridge project. The said orders are expected to be executed by March 2024.
*Data Source : Govt, Nse ,Bse, Private News Channels and Websites Etc
Currency Market Intraday Trend Rupeedesk Reports - 15.03.2023
Currency Market Intraday Trend Rupeedesk Reports - 15.03.2023
SONATSOFTW Stock Report - 15.03.2023
SONATSOFTW Stock Report - 15.03.2023
MFSL Stock Report - 15.03.2023
MFSL Stock Report - 15.03.2023
Stock to Focus DREAMFOLKS - 15.03.2023
Stock to Focus DREAMFOLKS - 15.03.2023
Stock to Watch ONGC - 15.03.2023
Stock to Watch ONGC - 15.03.2023
Tuesday, March 14, 2023
Stock to Watch Today - Rupeedesk Reports - 15.03.2023
Stock to Watch Today - Rupeedesk Reports - 15.03.2023
Buzzing Stocks: Cipla, RailTel Corporation, LIC Housing Finance, and others in news today.
Cipla: The pharma major and its subsidiaries, Cipla (EU), UK and Meditab Holdings, Mauritius, have entered into a Share Purchase Agreement with Africa Capitalworks SSA 3, for the sale of 51.18% stake in Cipla Quality Chemical Industries (CQCIL), Uganda. After the stake sale, CQCIL will cease to be a subsidiary of the company. The stake sale process is expected to be completed by May 2023 and will get a consideration in the range of $25-30 million.
RailTel Corporation of India: The company has received a work order worth Rs 287.57 crore from the Centre for Development of Advanced Computing (C-DAC). The work includes supply, installation, integration, testing and commissioning of IT infrastructure in greenfield data centre at New Delhi and Bengaluru along with training and support.
LIC Housing Finance: MR Kumar has resigned as the chairman [non-executive (nominee) director] from the board of the LIC Housing Finance. He retired from the services at the Life Insurance Corporation of India with on March 13.
PNC Infratech: The company has been declared the L1 (lowest) bidder in a National Highways Authority of India (NHAI) project for the construction of 6-lane Greenfield Varanasi-Ranchi-Kolkata Highway under Bharatmala Pariyojana in Bihar in the hybrid annuity mode. The project bid cost was Rs 1,260 crore. It is expected be constructed in 24 months and operated for 15 years.
TVS Motor Company: The company has received the board approval for allotment of 12,500 non-convertible debentures of face value Rs 1 lakh each, amounting to Rs 125 crore, through private placement. The date of maturity of these NCDs will be March 13, 2026.
Capri Global Capital: The non-banking finance company said its gold loan AUM has crossed the business of Rs 1,000 crore and its exclusive gold loan branch count has touched 500-plus from 108 branches on the formal launch date. The company had launched its gold loan business in August 2022.
Elgi Equipments: The company's wholly owned subsidiary Elgi Compressors USA Inc has acquired 33.33% stake in CS Industrial Services LLC. CS Industrial Services will act as an exclusive dealer or distributor for Elgi Compressors USA Inc, for sale of ELGi branded compressors in Western New York region.
NMDC: Amitava Mukherjee has taken an additional charge as Chairman-cum-Managing Director of the country's largest iron ore producer. During his tenure as Director (Finance), NMDC recorded best ever financial performance with a turnover of Rs 25,882 crore, and profit after tax of Rs 9,398 crore in FY22.
Texmaco Rail & Engineering: The company has received the board approval for the transfer of rail EPC business through slump sale to its wholly owned subsidiaries. Its rail EPC business comprises two undertakings - Kalindee Rail and Bright Power. Both units will be transferred to its two subsidiaries Texmaco Rail Electrification and other is to be incorporated.
DFM Foods: The company has received a delisting order, approving the delisting of equity shares from BSE and National Stock Exchange of India. Accordingly, the trading in the equity shares of the company will be discontinued from both the exchanges with effect from March 28 this year. Further, the company will be delisted from exchanges with effect from April 5.
Hardwyn India: The architectural hardware manufacturer is going to raise Rs 337.31 crore as it has received board approval for allotment of 1,08,66,660 equity shares at a price of Rs 320.4129 per share through Preferential basis by virtue of swap.
Balu Forge Industries: The company has secured a trial order to supply powertrain sub-assemblies to a tractor manufacturer in Middle East. These components will be used in the production of engines that will power a variety of tractors. The trial order initially comprises of supplying 10,000 sets of sub-assemblies & there is scope to increase the same to over 50,000 annually. BFIL has already started the supply under the said contract and expects to generate further revenues in upcoming quarters.
*Data Source : Govt, Nse ,Bse, Private News Channels and Websites Etc
Mcx Commodity Intraday Trend Rupeedesk Reports - 14.03.2023
Mcx Commodity Intraday Trend Rupeedesk Reports - 14.03.2023
Currency Market Intraday Trend Rupeedesk Reports - 14.03.2023
Currency Market Intraday Trend Rupeedesk Reports - 14.03.2023
Stock to Focus Cipla - 14.03.2023
Stock to Focus Cipla - 14.03.2023
Stock to Watch TCS - 14.03.2023
Stock to Watch TCS - 14.03.2023
Monday, March 13, 2023
US and Asian Markets - 14.03.2023
US and Asian Markets - 14.03.2023
Global Market Update - 14.03.2023
Global Market Update - 14.03.2023
Stock to Watch Today - Rupeedesk Reports - 14.03.2023
Stock to Watch Today - Rupeedesk Reports - 14.03.2023
Buzzing Stocks: Tata Chemicals, NALCO, GAIL India, and others in news today.
Tata Chemicals: Fitch Ratings on March 13 revised the outlook on the Company’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Positive from Stable and affirmed the rating at 'BB+'.
NALCO: The company's board of directors in its meeting held on March 13 approved the payment of the 2nd interim dividend of Rs 2.50 per share on the paid-up equity share capital of Rs 918.32 crore for the financial year 2022-23. The company has fixed March 21 as the record date.
GAIL India: GAIL (India) Limited has declared an interim dividend for FY23 of 40 percent on the paid-up equity share capital, which is Rs 4 per equity share. The total dividend amount will be Rs 2,630 crore with a record date of March 21. Based on the current shareholding of the Government of India (51.52%), a dividend of Rs 1,355 crore shall be paid to the government, while other shareholders will receive Rs 1,275 crore.
Lupin: The United States Food and Drug Administration (USFDA) has completed an inspection of Lupin's Bioresearch Centre in Pune. Lupin Bioresearch Centre conducts BA/BE, PK/PD, In-vitro BE and biosimilar studies. The inspection closed without any observation. The Centre has successfully undergone its seventh consecutive onsite inspection.
Sun TV Network: The board of directors of Sun TV at their meeting held on March 13, 2023 have declared an interim dividend of Rs 2.50 per equity share for the financial year 2022-23.
Surya Roshni: The Company said it has obtained total order amounted to Rs 96.39 crore (including GST) for supply 3LPE Coated steel pipes from Hindustan Petroleum Corporation Limited for City Gas Distribution (CGD) projects in three geographical areas in the state of Rajasthan, Bihar, Jharkhand and West Bengal. The order is to be executed within 8.5 months.
BL Kashyap: BL Kashyap and Sons Limited has secured orders from domestic unrelated clients aggregating to Rs 158 crore, excluding GST. This includes construction of Business Park Campus at Bengaluru worth Rs 89 crore, excluding GST, and construction of Residential Complex at Bengaluru worth Rs 69 crore, excluding GST. These projects are expected to be completed within 24 months from the date of award. The current order book of the company stands at Rs 2089 crore, excluding GST.
Rama Vision: A committee of Rama Vision at its meeting held today, allotted 4,00,000 convertible warrants at a issue price of Rs 57.10 on preferential basis to the persons belonging to promoter's category, after receipt of subscription amount, equivalent to 25 percent of the issue price. The rest will be paid when promoters exercise their rights within next 18 months.
Bannari Amman Sugars: The Workmen Union at Sugar Unit-II situated at Mysore and Sugar Unit-Ill situated at Chamarajnagar Karnataka have called a strike with effect from March 10 regarding wage settlement and other related demands, the company said in an exchange notification. The company is monitoring the situation and steps have been taken for smooth operations of the units and to minimise the disruptions, it added.
Krsnaa Diagnostics: Krsnaa Diagnostics said it has operationalized 100 more Pathology Collection Centers to provide services of Lab Investigation Facilities under Hinduhridaysamrat Balasaheb Thakeray Chikitsa for BMC Dispensaries and Hospitals in Mumbai. With this, the Company has operationalized 300 Pathology collection centers as on the date.
Dhanlaxmi Fabrics: Dhanlaxmi Fabrics said it will be shutting its processing unit at Dombivali for 6-8 months as the 30-year old factory need to go for a major renovation. The renovation work will start on April 1. However the Weaving Unit of the Company located at Kolhapur will remain in operations, it said.
Axita Cotton: The company has received an order from Taraspinning Mills Limited, Bangladesh and Khadiza Sadek Spinning Mills Limited, Bangladesh for Indian Raw Cotton value aggregating at $2,716,091.84. Order needs to be delivered by April 30, 2023, said the company.
*Data Source : Govt, Nse ,Bse, Private News Channels and Websites Etc
Mcx Commodity Intraday Trend Rupeedesk Reports - 13.03.2023
Mcx Commodity Intraday Trend Rupeedesk Reports - 13.03.2023
Currency Market Intraday Trend Rupeedesk Reports - 13.03.2023
Currency Market Intraday Trend Rupeedesk Reports - 13.03.2023
Top Weightage Stocks Trend Rupeedesk Reports - 13.03.2023
Top Weightage Stocks Trend Rupeedesk Reports - 13.03.2023


















