Most Market Roundup May 02th,2017 BLACK FOX EQUITY Market Sensex 29921.18 (+0.01) Nifty 9313.80 (+0.10) Black Fox Financial Pvt Ltd. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi, Delhi 110019 Closing Bell: BSE Sensex closes higher by 2.78 points, or 0.01%, to 29,921.1, while the Nifty 50 closes 9.75 points, or 0.10%, to 9,313.80. Markets are in a consolidation mode as the corporate earnings season unfold, “Till the end of the earnings season, we can only expect to see a day-to-day sector-based or stock-based impact on the indexes based on the earnings performance.” Ambuja Cements fell as much as 4.21% after its quarterly profit missed estimates, becoming the main drag on the NSE index. Shares of most Indian auto makers, however, rose after they reported a jump in April vehicle sales on Monday. Maruti Suzuki gained as much as 3% to a record high of Rs6,730, while Eicher Motors rose 2.61% to a record high of Rs26,747.90. Oil refiners also rose on hikes in petrol and diesel prices. Bharat Petroleum Corp. gained as much as 2.75%, Hindustan Petroleum Corp. rose as much as 2.40%, while Indian Oil Corp. climbed as much as 1.87%. Ashok Leyland Ltd shares fall 2.4% to Rs 83.40 after the company reported 30% decline in its total sales for April month to 7083 units from 10182 units a year ago. Realty stocks trade higher. Sobha Ltd rose 8%, Godrej Properties Ltd 5.1%, Indiabulls Real Estate 1.6%, Prestige Estate 1.2%, DLF Ltd 1.2%. Tata Teleservices Maharashtra Ltd shares rise 12% to Rs 9.30 after Tata Power said it will acquire 11.82 crore shares of the company for Rs 790 crore. The stock surged over 30% in last two sessions. Future Enterprises Ltd shares rise 7% to Rs 32.75 after Future Group CEO Kishore Biyani said he plans to launch an IPO of Future Supply Chain Solutions this year. Ambuja Cements Ltd shares fall 3.07% to Rs238.40 after the company reported weaker then estimated earnings. The company reported net profit of Rs247 crore in March quarter against Bloomberg analyst estimates of Rs254 crore. Infosys Ltd shares rise 0.5% to Rs923.40. The Indian IT-outsourcing firm intends to open four new “innovation hubs” across the US to drive research into AI and other emerging technologies. Kitex Garments Ltd shares fall 12% to Rs442.20 after the company reported 39.9% decline in its March quarter net profit to Rs26.99 crore against Rs44.90 crore a year ago. Tata Motors Ltd shares fall 1% to Rs453.25 after the company reported 21% decline in its total sales to 30,972 units in April against 39,389 units a year ago. Reliance Industries Ltd shares fall 1% to Rs1,385.70. UBS Global Research expects Reliance Jio to win a lower revenue market share in the next three years than it earlier thought. Jio’s share of revenues will be 5.7% in 2017-18 and will gradually increase to 9.8% by 2019-20, it said in a 27 April report. Asian currencies were trading higher. South Korean won was up 0.83%, Taiwan dollar 0.75%, Malaysian ringgit 0.31%, Singapore dollar 0.19%, Thai baht 0.15%, Indonesian rupiah 0.12% and Philippines peso 0.06%. Exchange Toady Pre. Day BSE (CASH) NA 4336 BSE(Derivative) 94.43 62.05 NSE (Cash) 25973 26540 NSE(Derivative) 364622 291355 Exchange Today Pev. Day NSE (Cash) 24585 30617 Total 300348 899497 Group NIFTY IND BSE INDEX Advance 24 98 Decline 27 102 Unchanged 0 01 Symbol LTP % IBULHSGFIN 1075.05 +5.71 HDFC 1585.55 +3.15 BPCL 741.30 +3.07 ONGC 191.80 +2.81 MARUTI 6690.00 +2.53 Symbol LTP % Change LUPIN 1303.90 -2.57 TATAMTRDVR 273.05 -2.48 ACC 1592.00 -2.12 BHARTIARTL 348.00 -2.11 TATAMOTORS 450.50 -1.83 Exchange No. of Contract s Tu rn Ov Index Futures 181345 13930 Stock Futures 661267 49900 Index Options 3342820 273032 Stock Options 351420 27761 F&O Total 4536852 364622 CASH VOLUME (Rs In Cr.) ADVANCED / DECLINE TOP INDEX GAINERS TOP INDEX LOSERS DERIVATIVE VOL 417. Stock future Price Rs. Qty Value Contract RELINFRA 604.2 13997 9290 FEDERALBNK 112.3 13944 5892 RELIANCE 1327.0 13895 29298 MARUTI 6690.0 13773 14323 ACTIVE STOCK IN FUTURE
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Most Market Roundup BLACK FOXblackfoxindia.com/Admin/Researchpdf/745632038... · Estate 1.2%, DLF Ltd 1.2%. Tata Teleservices Maharashtra Ltd shares rise 12% to Rs 9.30 after Tata
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Black Fox Financial Pvt Ltd. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi, Delhi 110019
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Closing Bell: BSE Sensex closes higher by 2.78 points, or 0.01%, to 29,921.1, while the Nifty 50 closes 9.75 points, or 0.10%, to 9,313.80. Markets are in a consolidation mode as the corporate earnings season unfold, “Till the end of the earnings season, we can only expect to see a day-to-day sector-based or stock-based impact on the indexes based on the earnings performance.” Ambuja Cements fell as much as 4.21% after its quarterly profit missed estimates, becoming the main drag on the NSE index. Shares of most Indian auto makers, however, rose after they reported a jump in April vehicle sales on Monday. Maruti Suzuki gained as much as 3% to a record high of Rs6,730, while Eicher Motors rose 2.61% to a record high of Rs26,747.90. Oil refiners also rose on hikes in petrol and diesel prices. Bharat Petroleum Corp. gained as much as 2.75%, Hindustan Petroleum Corp. rose as much as 2.40%, while Indian Oil Corp. climbed as much as 1.87%. Ashok Leyland Ltd shares fall 2.4% to Rs 83.40 after the company reported 30% decline in its total sales for April month to 7083 units from 10182 units a year ago. Realty stocks trade higher. Sobha Ltd rose 8%, Godrej Properties Ltd 5.1%, Indiabulls Real Estate 1.6%, Prestige Estate 1.2%, DLF Ltd 1.2%. Tata Teleservices Maharashtra Ltd shares rise 12% to Rs 9.30 after Tata Power said it will acquire 11.82 crore shares of the company for Rs 790 crore. The stock surged over 30% in last two sessions. Future Enterprises Ltd shares rise 7% to Rs 32.75 after Future Group CEO Kishore Biyani said he plans to launch an IPO of Future Supply Chain Solutions this year. Ambuja Cements Ltd shares fall 3.07% to Rs238.40 after the company reported weaker then estimated earnings. The company reported net profit of Rs247 crore in March quarter against Bloomberg analyst estimates of Rs254 crore. Infosys Ltd shares rise 0.5% to Rs923.40. The Indian IT-outsourcing firm intends to open four new “innovation hubs” across the US to drive research into AI and other emerging technologies. Kitex Garments Ltd shares fall 12% to Rs442.20 after the company reported 39.9% decline in its March quarter net profit to Rs26.99 crore against Rs44.90 crore a year ago. Tata Motors Ltd shares fall 1% to Rs453.25 after the company reported 21% decline in its total sales to 30,972 units in April against 39,389 units a year ago. Reliance Industries Ltd shares fall 1% to Rs1,385.70. UBS Global Research expects Reliance Jio to win a lower revenue market share in the next three years than it earlier thought. Jio’s share of revenues will be 5.7% in 2017-18 and will gradually increase to 9.8% by 2019-20, it said in a 27 April report. Asian currencies were trading higher. South Korean won was up 0.83%, Taiwan dollar 0.75%, Malaysian ringgit 0.31%, Singapore dollar 0.19%, Thai baht 0.15%, Indonesian rupiah 0.12% and Philippines peso 0.06%.
Black Fox Financial Pvt Ltd. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi, Delhi 110019
228 Nariman Point
Mumbai- 400 021
News: JSW Energy Ltd shares fall 4.6% to Rs64 after the company reported
91.9% decline in its net profit to Rs24 crore in March quarter against Rs296 crore a year ago.
Shares of Uttam Galva Steels jumped 12 per cent in Tuesday’s trade after the steelmaker made a turnaround and reported a net profit of Rs 138.89 crore for the March quarter. The company had reported a huge loss of Rs 257.28 crore in December quarter and Rs 671.47 crore loss in the corresponding quarter of last year. Data available with corporate database Capitaline showed this was the first quarter in last six when the company reported profits for a three-month period.
Shares of DCM Shriram shot up over 10 per cent in Tuesday’s trade after the diversified business group reported nearly three-fold jump in consolidated net profit at Rs 156.35 crore for the March quarter, thanks to better performance of its sugar, chemical and plastic businesses. The company had reported a net profit of Rs 54.53 crore in the corresponding quarter of last year. The stock surged 10.14 per cent to hit a 52-week high of Rs 392 on BSE.
In overnight trade, the Dow Jones Industrial Average index fell 0.13 per cent to 20,913, while the S&P500 index gained 0.17 per cent to 2,3884 and the Nasdaq Composite added 0.73 per cent to a record closing high of 6,091.
In overnight trade, the Dow Jones Industrial Average index fell 0.13 per cent to 20,913, while the S&P500 index gained 0.17 per cent to 2,3884 and the Nasdaq Composite added 0.73 per cent to a record closing high of 6,091.
European shares kicked off the first trading day of May with gains underpinned by healthy corporate earnings. Financials and energy stocks provided the biggest boost to the pan-European STOXX 600 which was up 0.1 per cent. French bluechips held near decade highs while Germany's DAX hovered near a record.
Auto major Mahindra & Mahindra Ltd on Tuesday reported a 6% decline in total sales at 39,357 units in April. The company had sold 41,863 units in the same month last year, the company said in a statement.
company to achieve this milestone.
The Maruti Suzuki Vitara Brezza. Royalty payments to parent Suzuki Motor, which owns 56% in Maruti Suzuki, increased to 5.8% in the March quarter as against 5.7% in the year earlier.
Bharat Financial posts Rs234.91 crore loss in March quarter, weighs merger.
The government is exploring a strategy to task a company with buying electric vehicles (EVs) in bulk and then leasing them to companies such as taxi aggregators, in an attempt to bring down the cost of such vehicles.
Mortgages are perhaps the only specialist lending that will survive in India. Every other form of credit, especially subprime, is made so risky by the country's fickle policies and populist politics that it must eventually lose its independence in the safety of a deposit-taking bank, Bharat Financial Inclusion Ltd., India's biggest micro-lender, is a good example. Bad loans at the rural financier surged to 6 percent of the total at the end of March, from 0.06 percent in December. Bharat's 5.3 million active borrowers, who use the funds to rear livestock or sell bangles.
Black Fox Financial Pvt Ltd. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi, Delhi 110019
228 Nariman Point
Mumbai- 400 021
Stocks To Watch:
Pudumjee Pulp Hits 20% Upper Circuit -
Pudumjee Pulp and Paper Mills jumped 20%, biggest intraday gain since July 2016
Volumes at nine times its 20-day average
Stock gained nearly 29% last one month, taking its market capitalization to Rs 104.5 crore.
Reliance Defence Jumps To Near 11-Month High After CDR Exit Plan - Shares of the Anil Ambani owned company jumped as much as 9 percent, the most since June 8, 2016 after it received CDR empowered group approval to exit debt refinancing scheme.
The door-to-door tenure of the company’s term loan was extended to 18 years, it said in exchange filing, adding the existing debt of about Rs 650 crore will be converted to equity at Rs 59.35 per share.
Block Deal Alert - PNC Infratech: 36 lakh
shares change hands in a single block
IDFC: 49 lakh shares change hands in a block.
Deep Industries Climbs On Q4 Profit Rise - Shares up as much as 6.6% to Rs 335, most since December 2016
Q4 net profit Rs 23.2 crore vs Rs 12.8 crore
last year Q4 revenue jumps nearly 36% to Rs 74.9 crore.
Shilpi Cable Slumps For Third Session – Shares of cable maker slumped 10.5 percent to Rs 107, hit lower
circuit for a third straight session. Shilpi Cable denied reports suggesting that the company has filed for
insolvency and bankruptcy. Relative strength index at 12, indicating tha the stock may be
oversold.
Earnings Reaction Bharat Financial: (-4%): Q4 net loss Rs 235 crore vs profit Rs 84.5
crore last year. JSW Energy (-4.8%): Q4 net profit Rs 23.7 crore vs estimate Rs 188
crore. Raymond (-2.4%): Q4 net income Rs 33 crore vs estimate Rs 38.2
crore. Uttam Galva (+8%): Q4 net income Rs 139 crore vs loss Rs 671
crore.
Most Automakers Gain After April Sales Growth – Maruti Suzuki (+2.6%): Sales up 19.5% to 151,215 units Tata Motors (-0.90%): Sales down 21% to 30,972 units Eicher Motors (+2%): Sales up 255 to 60,142 units Escorts (+1.7%): Tractor sales up 20% to 4,899 units Hero MotoCorp (+0.7%): Sales down 3.5% to 591,306 units.
GAIL India: Received pipeline laying work contracts worth Rs 200
crore. Dr. Reddy's Laboratories: U.S. FDA issued form 483 with 11
observations for manufacturing plant-3 at Bachupally in Hyderabad. Lupin: U.S. FDA issued form 483 citing three observations for Goa
facility. Aurobindo Pharma: Completed acquisition of 100 percent stake in
Generis Farmaceutica. Punjab National Bank: Board approved raising funds up to Rs 3,000
crore via issue of compliant Tier-I and II bonds each. IDFC: Approved borrowing of funds up to Rs 10,000 crore through
issuance of non-convertible debenture and commercial papers. Sintex: Allotted 36.5 lakh equity shares to FCCB holders one exercise
of their conversion right. DCB Bank: Raised Tier-I capital worth Rs 379 crore via QIP.
among 16 countries that contribute nearly 87 percent to the world's market capitalisation.
Brazil, the U.K. and Australia saw their market capitalisation fall the most during the period.
Kotak Mahindra Bank Ltd. will buy out Old Mutual Plc’s 26 percent stake in their joint venture Kotak Mahindra Old Mutual Life Insurance Ltd. (Kotak Life) for Rs 1,262.7 crore.
Black Fox Financial Pvt Ltd. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi, Delhi 110019
228 Nariman Point
Mumbai- 400 021
India to launch South Asia Satellite on May 5: Modi
RBI Acharya: Time may have come for privatizing some state banks
RBI must ensure bang for buck on intervention, BNP Paribas says
World 2017-2018 cotton output seen higher, international group says
Turkey’s Erdogan says need to alleviate exchange-rate pressure
NITI Aayog sent govt list of 20 state-run companies for stake sale
Stronger rupee adversely hitting India exports: Subramanian
RBI guidelines on merchant acquisition for card transactions
Forex reserves rose $1.3 billion to $371.1 billion in a week to April 21: RBI
Sugar high turns into a crash with longest rout in 56 years
Global funds sold Rs 1,150 crore of local stocks; domestic funds bought Rs 1,680 crore on Friday: Provisional data
Indian tycoon’s visit to Pakistan offers opening to critics
Ventures (-0.9%): Q4 net income Rs 54.1 crore vs Rs 2.37 crore
Kokuyo Camlin (+1.7%): Q4 profit up 21% to Rs 2.9 crore
Motilal Oswal (-3.3%): Q4 net income Rs 90.2 crore from Rs 47.2 crore
Nirlon (+8.9%): Q4 net income Rs 10.6 crore vs loss Rs 11.4 crore Ujjivan Financial (-4.2%): Q4 net income Rs 19.4 crore vs estimate
Rs 23.3 crore. Kotak Mahindra Bank: Lender to buy out entire 26 percent stake in
joint venture Kotak Mahindra Old Mutual Life Insurance Ltd. Hatsun Agro Products: Board of directors approved raising funds up
to Rs 500 crore through QIP subject to shareholder approval. DCB Bank: Raised Rs 379 crore through QIP. Indraprastha Gas: Proposed to increased FII limit to 30 percent. Jindal Steel and Power: To raise Rs 600 crore via private placement
of debenture. NSE to introduce F&O contracts of 16 new securities from Friday. Brigade Enterprises to consider QIP and issue price Union Bank of India to discuss the capital plan for 2017-18 Global funds sold Rs 182 crore of local stocks; domestic funds
Black Fox Financial Pvt Ltd. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi, Delhi 110019
228 Nariman Point
Mumbai- 400 021
ASHOKLAY - Ashok Leyland Limited has informed the Exchange regarding the scheme of Amalgamation of Hinduja Foundries Limited with the Company. RBLBANK – RBL Bank Limited has informed the Exchange that the Board of Directors of the Bank at its meeting held on May 02, 2017, has recommended payment of final dividend @ 18% i.e. Rs. 1.80/- per equity share to be payable after approval of the shareholders at the ensuing Annual General Meeting. MARATHON - Marathon Nextgen Realty Limited has informed the Exchange that copy of Public Announcement regarding Buy Back of shares. NOTICE AND CIRCULAR :
Notice No Subject Segment Name
Category Name Department
20170502-18 Listing of new securities of DCB Bank Limited Equity Company related DCS-Listing
20170502-17 Listing of new securities of UPL Ltd. Equity Company related DCS-Listing
20170502-16 Commencement of business by Trading Member – First Global Stockbroking Pvt. Ltd. (Clg. No. 129) in Equity Derivatives segment.
General Others Membership Compliance
20170502-15 Introduction of certain additional schemes for ongoing purchase of Principal Mutual Fund on BSE StAR MF Platform
Mutual Fund
Trading Trading Operations
20170502-14 Listing of units of HDFC FMP 1175D January 14(1) Series 29 a scheme under HDFC Mutual Fund, after rollover
Mutual Fund
Company related DCS-Listing
20170502-13 Listing of Units Of ICICI Prudential Fixed Maturity Plan Series 81 1205D - Plan B
Mutual Fund
Company related DCS-Listing
20170502-12 Mock Trading on Saturday, May 6, 2017 for Currency Derivatives segment
Currency Derivatives
Trading Trading Operations
20170502-11 Mock Trading on Saturday, May 6, 2017 for Equity Derivatives segment
Derivatives Trading Trading Operations
20170502-10 Mock Trading on Saturday, May 6, 2017 for Equity segment
Equity Trading Trading Operations
20170502-9 Listing of Equity Shares of Classic Leasing & Finance Limited
Equity Company related DCS-Listing
20170502-8 Acceptance of NRI transactions for SBI Mutual Fund on BSE StAR MF Platform
Mutual Fund
Trading Trading Operations
20170502-7 Demat Auction - 019 General Settlement/RMS Post Trade
20170502-6 Suspension of trading in Debt securities of Ujjivan Small Finance Bank Limited.
Debt Corporate Actions Listing Operations
20170502-5 Maturity of Mutual Fund Schemes of Kotak Mahindra Mutual Fund.
Black Fox Financial Pvt Ltd. Office no - 601, 6th Floor,58 Sahyog Building, Nehru Place, New Delhi, Delhi 110019
228 Nariman Point
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