stock updatesTVS Motor The company reported January sales at 3.39 lakh units, up 23% YoY and motorcycle sales at 1.55 lakh units, up 29% YoY. The company’s EV sales stood at 16,276 units, up 34% YoY and total exports at 69,343 units, up 22% YoYHero MotoCorp The company reported total sales at 4.33 lakh units, up 22% YoY and exports at 12,664 units, up 75% YoY for January. The company’s motorcycle sales stood at 4.02 lakh units, up 21% YoY NMDC The company reported sales at 4.56 MT up 19% YoY and production at 4.54 MT up 8.1% YoY for January Dixon Technologies Nirupam Sahay resigned from the position of president and chief operating officer with immediate effect Sheela Foam Ltd The Company has completed the sale of a piece of land and building situated at Gautam buddha Nagar Rs. 22 Crores Bajaj Electronic Electronics Mart India Limited has commenced the commercial operation of two new Multi Brand Stores under the brand name ‘BAJAJ ELECTRONICS’ on 1st February 2024 Tata Consumer The Board of Directors of the Company, to acquire 100% of the issued equity share capital of Capital Foods Private Limited in a phased manner Bata The Board of Directors of the company accorded its in‐principle approval for monetizing the Company’s freehold industrial land admeasuring approximately 11.54 acres situated in Faridabad Firstsource Solution The company Debuts on Dow Jones Sustainability Index with a 96th Percentile Rating MGL The Company has acquired 100% equity shares of Unison Enviro Private Limited (UEPL) through purchase of shares from its existing shareholders at a cash consideration of Rs. 562.09 Crore Accordingly, UEPL has become Wholly-Owned Subsidiary of the Company FSN E-Commerce Ventures The company will invest $2.5 million into Nysaa Beauty LLC for operational support

stock updates TVS Motor The company reported January sales at 3.39 lakh units, up 23% YoY and motorcycle sales at 1.55 lakh units, up 29% YoY. The company's EV sales…

Market Outlook Indian markets are likely to open on a positive note, tracking global cues.GIFT Nifty: 21906 Nifty Feb Futures: Support – 21690/21600Resistance – 21970/22050 BankNifty Feb Futures: Support – 46200/45900Resistance – 46650/46950

Market OutlookIndian markets are likely to open on a positive note, tracking global cues.GIFT Nifty: 21906 Nifty Feb Futures: Support - 21690/21600Resistance - 21970/22050 BankNifty Feb Futures: Support - 46200/45900Resistance - 46650/46950

Finance Minister Nirmala Sitharaman in #BudgetSpeech– Close to achieving target of 3 crore houses under #PMAwaasYojana – Grameen– Rooftop solar project to give 1 crore households 300 units of free electricity per month– Aim to make 2 crore houses in next 5 years under #PMAwaasYojana – Grameen

Finance Minister Nirmala Sitharaman in #BudgetSpeech- Close to achieving target of 3 crore houses under #PMAwaasYojana – Grameen- Rooftop solar project to give 1 crore households 300 units of free…
STOCKS TO WATCH TODAY 17 JANURAY

STOCKS TO WATCH TODAY

Key Financials: CompanyNet Profit (Q3 YoY)Revenue (Q3 YoY)Godrej Consumer+6%+2%Mankind Pharma+55%N/APVR Inox-20%N/ASuzlon Energy+160%N/AJSPLN/A+28%Shree Cement+4%+3% Stay tuned for further updates on the Indian stock market.
Results Corner

Results Corner

L&T: Good numbers and guidance raisedDr Reddy: Internals are weak both in US and IndiaSRF: Weak nos but management sees Q4 improvementPB Fintech: 1st quarter profits ever, EBITDA loss narrowedJBM…
Nifty Prediction

Nifty Prediction

Open Interest Dara Shows Mass🌹ve Xall Writing at 21500 which Works as Resistance if Breaks Today will See B🥰dget Rallly and Closing onbExpiry above 22000
Nifty Prediction

Nifty Prediction

Open Interest Dara Shows Mass🌹ve Xall Writing at 21500 which Works as Resistance if Breaks Today will See B🥰dget Rallly and Closing onbExpiry above 22000
Nifty Prediction

Nifty Prediction

Open Interest Dara Shows Mass🌹ve Xall Writing at 21500 which Works as Resistance if Breaks Today will See B🥰dget Rallly and Closing onbExpiry above 22000
Nifty Prediction

Nifty Prediction

Open Interest Dara Shows Mass🌹ve Xall Writing at 21500 which Works as Resistance if Breaks Today will See B🥰dget Rallly and Closing onbExpiry above 22000
Nifty Prediction

Nifty Prediction

Open Interest Dara Shows Mass🌹ve Xall Writing at 21500 which Works as Resistance if Breaks Today will See B🥰dget Rallly and Closing onbExpiry above 22000

stock updatesITC The company received a ‘no objection’ certificate from the exchanges to demerge their hotel business NTPC The company in the Q3 business update reported electricity sales rose by 15% year-on-year and coal plant PLF at 76% vs 68.9% year-on-year. Waaree Renewable Technologies The company have received a Letter of Award (LOA) for the execution of Engineering, Procurement and Construction (EPC) work for solar power project KRBL The company announced the launch of its new product “India Gate Classic Biryani Masala” on 29th January 2024 Patel Engineering Ltd The company in a joint venture bags a Nira Deoghar Right Bank Canal works from KM 66 to KM 76 and KM 77 to KM 87 for irrigation projects. Container Corporation of India and Indian Oil Corporation Limited The companies have signed a MOU. The objective of this Non-Binding MOU is that IndianOil and CONCOR to hold discussions and undertake various activities in furtherance of the purpose such as to collaborate upon and mutually explore certain opportunities in areas for use of LNG as a fuel and in petrochemical & other container logistics requirements Havells India Ltd The Board has approved the incorporation of US subsidiaries. The board has approved investments up to $20 million in Havells International Inc, a wholly-owned subsidiary of the Company incorporated in Delaware, USA. LIC & Indraprastha Gas Ltd The LIC’s shareholding in IGL has increased from 7.3% to 9.3% of the paid-up capital Sunteck The company to enter the locations at Nepean Sea Rd and Bandra-Bandstand with GDV of over INR 3000 Crores” GAIL The company and ADNOC Gas ink a Long-term LNG contract fuelling India’s Natural Gas industry growth Shakti Pumps Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 46 Acres land to the Company. This land will be utilized for future expansion KEC International The company has secured orders worth Rs 1,304 crore across various businesses. Punjab National Bank The bank approved raising funds up to Rs 7,500 crore in FY25 via qualified institutional placements, further public offers, or other modes. The shareholding of the government remains above 52%. SEPC The company approved fundraising up to Rs 250 crore by issuance of equity shares and increase in authorized share capital to Rs 1,750 crore from Rs 1,450 crore

stock updates ITC The company received a 'no objection' certificate from the exchanges to demerge their hotel business NTPC The company in the Q3 business update reported electricity sales rose…