Stock market requirements: November 23 | Whuff News


Stock market requirements November 23

Stock market requirements: November 23

Photo: BCCL

Today’s event

SBI Chairman Dinesh Khara to address the SBI Banking & Economics Council.

Rajnath Singh To Attend ASEAN-Plus Defense Ministers Meeting In Cambodia: Agency

IPO news

Listing:

Inox Green Energy to start trading after its IPO gets 1.55 times demand

Others

Dharmaj Crop Guard India’s IPO will open on November 28, close on November 30 (News found today)

Corporate actions:

Venus Pipe: Anchor Lock Period Expires; ~27% of equity outside lock-in

Mindtree Amalgamation ex-date

Ex-date for Maharashtra Seamless after Bonus Issue

Oil & Gas Update

Brent Crude at $88/bbl Vs $87.5/bbl

Singapore GRM at $10.1/bbl Vs $9/bbl

Asian Spot Gas Prices at $29.2/mmBtu Vs $27.3/mmBtu

FII/DII data:

FII’s net sale of shares was Rs 698 cr as on 22 Nov

DII’s net purchase of shares was Rs 636 cr on 22 Nov

FII F&O Cash Data:

Net buying of index futures Rs 1521 cr

Net sale of index options Rs 2586 cr

Net purchase of stock futures Rs 949 cr

Net sale of stock options Rs181 cr

Total FII net sales Rs 297 cr in F&O

Bulk/Block Offers:

Kaynes technology

Goldman Sachs Fund bought 4.7 lakh @ 705.28

Norges Bank bought 9.24 lakh @ 751.16

TNTBC As Nomura Trustee bought 6 lakh @ 723.1

ValueQuest Investment bought 9.84 lakh @ 764.28

Nykaa Ltd

Lighthouse India Fund III sold 1.84 Cr @182

Aditya Birla Sun Life bought 22.8 lakh @ 182

BNP Paribas Arbitrage bought 13.5 lakh @ 182

BOFA Sec Europe SA bought 7.8 lakh @ 182

ICICI Prudential MF bought 42.7 lakh @ 182

Morgan Stanley Asia Singapore bought 29.2 lakh @ 182

Ont Teachers Pension Plan bought 34.5 lakh @ 182

Societe Generale bought 9 lakh @ 182

Wipro

BNP Paribas Arbitrage sold 48 lakh @ 387

Societe General bought 48 lakh @ 387

INCOME

Cons YoY S4FY22

Revenue at Rs. 4657 cr vs. Rs. 4174 cr, up 11.6% YoY

EBITDA at Rs. 516 cr vs. Rs. 445 cr, up 16% YoY

PAT (disk operation) at Rs. 652 cr vs. Rs. 320 cr, up 103.8% YoY

PAT (ext ops) at Rs. 382 Cr vs 316 Cr, up 21% YoY

EBITDA margin at 11.1% versus 10.7%, up 42 basis points YoY

CORPORATE ANNOUNCEMENT

Bharti Airtel

Nxtra Data Ltd, a subsidiary of Bharti Airtel started construction of its new hyperscale data center in Kolkata

The company will invest Rs 600 Cr in the development of the largest data center in Eastern India

The 25 MW facility will be fully operational by 2024.

Nxtra will invest over Rs 5000 cr. in the next four years to expand its capacity by 3X to over 400 MW

Ester Industry

To provide a Corporate Guarantee in favor of Bank of India, Bank of Baroda and HDFC Bank Ltd. to extend the Working Capital facility with an amount of Rs. 141.8 crores

Tech Mahindra

LIC acquires ~2% stake in Tech Mahindra taking total stake to 6.87%

Adani Ports and Logistics

Adani Agri Logistics Ltd, a subsidiary of the withdrawing Company has incorporated wholly owned subsidiaries Adani Agri Logistics (Chandari), Adani Agri Logistics (Katihar Two), Adani Agri Logistics (Gonda)

Wipro

Launching a strategic cyber security consulting offering in Europe

New offering to capitalize on Wipro’s recent acquisitions in the consulting space

Vedanta

Approved Third Interim

Dividend of ₹ 17.50 per equity share for FY23

The record date for payment purposes is 30 November 2022.

Sunflag Iron and Steel

The Company has received a mining lease grant for the Bajna Iron Ore Block for Iron Ore and Manganese Ore

Bank of Canada

Has set record dates of December 19 and December 23 for 9% and 8.4% lower-grade bonds respectively

The Bank will redeem the 9.00% Non-Convertible Bonds, Tier II Lower, Series XII on the maturity date, i.e., 31 December 2022

Nykaa

Mr. Arvind Agarwal, Chief Financial Officer has resigned to pursue other opportunities in the digital economy & startup space.

National Peroxide

The company’s plant located in Kalyan, Maharashtra, will be closed from November 22, 2022 for the purpose of annual maintenance activities.

Hindustan Motors

Signed an MOU to expand the EV domain across borders to increase the production of environmentally friendly electric vehicles.

BASF India Limited

Rajesh Naik has resigned as Whole Time Director of the company on 31-Dec-2022

Alexander Gerding was appointed as the Company’s Managing Director for a period of 5 years, effective January 1, 2023

Adani Enterprises : Board of Directors will meet Nov 25 to discuss fundraising

UPL secures legal victory against Agracity in intellectual property lawsuit: Agency

FROM THE AGENCY

Billionaire Firm Adani Said to Raise $1.8 Billion in Funds

Fairfax India Completes Sale of Equity Interest in IIFL Wealth Management Limited

World Sugar Production Sees Higher With Record Consumption: USDA

Sebi to issue SOP on exemption of new promoters for IPO bound costs

India-UAE bilateral trade crossed USD 88 billion this year

India wants to increase trade with Southeast Asia using the river network

Air India recorded the best monthly on-time performance among airlines after many years

Airtel arm committed Rs 600 cr to build eastern India’s largest data center in the city

Welspun India expects revenue to touch Rs 15,000 crore in FY26

Sebi has extended the one-time stock option settlement scheme for two months

Union Budget 2023-24: Government considers options on capital gains tax regime

India-UK trade pact high priority, next round of talks next month: Govt

Sebi extends the deadline for the illiquid stock option case settlement scheme to Jan 21

India to be $40 trillion economy by 2047 driven by clean energy, digitization: Mukesh Ambani

Industry bodies hail the India-Australia free trade agreement

India to Announce Further Export Quotas in First Quarter: Singh

The OECD projects India among the few emerging economies amid the global slowdown

Reuters: Exclusive: India may boost rural spending next year to boost jobs, housing

MEET THE ANALYST

Hinduja Global Solutions will hold an earnings call on November 28, 2022

JK Cement has postponed the investor meeting on 24 November 2022 and 25 November 2022

Metro Brands will meet Pine Bridge Investments on November 25

Latent View will meet with B&K Securities India and ValueQuest Advisors on November 23 and 24 respectively

Varroc Engineering will meet Renaissance Investment on Friday, November 25, 2022

Polycab to meet investors at the Nirmal Bang Institutional- Conference on November 23

Aptus Value Housing to meet investors in London, United Kingdom on November 24 & 25

Globus Spirits will meet Unifi Capital on November 23, 2022

Maruti Suzuki will meet investors on November 24, 2022.

Care Rating to meet Ace Lansdowne Investments on November 23

EKI Energy’s investor/analyst meeting is scheduled for November 28, 2022 and November 30, 2022.

BLS International will meet analysts/Investors on November 24, 2022,

Traxcn Technology to meet Aditya Birla Sun Life, ICICI Prudential and other investors on Nov 24-25

Bharat Forge meets Blackrock on Nov 23, Neuberger Berman on Dec 1, Fullerton Fund Management on Dec 8



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