Profit Booker

2021-12-08 07:04:42 Insider News Today

Reliance Industries: Abu Dhabi Chemicals Derivatives Company RSC (TA’ZIZ) and Reliance Industries have agreed to launch ‘TA’ZIZ EDC & PVC’, a world-scale chemical production partnership at the TA’ZIZ Industrial Chemicals Zone in Ruwais. The new joint venture will construct and operate a Chlor-Alkali, Ethylene Dichloride (EDC) and polyvinyl chloride (PVC) production facility, with an investment of more than $2 billion.

NHPC: The company has approved the proposal for monetization by securitization through bidding process of return on equity (RoE) of Chamera-I power station (3 X 180 MW), Himachal Pradesh and further to monetize the RoE of one or more power stations for 05/10/15 years in one go or roll over.

Hindustan Zinc: The company approved an interim dividend of Rs 18 per equity share on face value of Rs 2 per share for FY22.

Jindal Steel & Power: November steel production ws up 10% at 6.74 lakh tonne against 6.14 lakh tonne (YoY). November steel sales was down 5% YoY at 5.39 lakh tonne. Exports contributed 15% to total sales volume.

Brightcom Group: The company has entered into a definitive agreement to acquire 100% of Vuchi Media, operating under the brand name of MediaMint.

Shalby: Wholly-owned subsidiary Mars Medical Devices (MMDL) has further subscribed 2,09,000 equity shares of SGD 1 each in MMDL's subsidiary Shalby Global Technologies, Singapore (SGTPL), and remitted funds for the same. SGTPL is a subsidiary of Mars Medical Devices and a step-down subsidiary of the company. Shareholding of MMDL in SGTPL is now increased from 96% to 97.82%.

Polyplex Corporation: PT Polyplex Films Indonesia, a wholly owned subsidiary of Polyplex (Thailand) Public Company (PTL), Thailand, (51% subsidiary of the company) has commenced operations.of a 10.6 meter BOPP film line with a capacity of 60,000 tonnes per annum.

Gulshan Polyols: The company has given its acceptance on 'Letter of Intent' for the purpose of signing of Long Term Offtake Agreement with upcoming dedicated ethanol deficit states. The agrrement is for supply of indigenous denatured anhydrous ethanol to oil marketing companies (OMCs) to meet ethanol requirements for 20% blending by year 2025 by setting up plant at Chhindwara, Madhya Pradesh by using corn/maize and rice combination.

Orchid Pharma: The company has converted Union Bank rupee term loan to foreign currency. It has executed a binding agreement with bank for conversion of Rs 164 crore loan. Open / Comment

2021-12-08 05:01:03 MARKET PREDICTION

Gap up opening today

Closing can be positive with very good points.

Banks can lead from the front.

BNF can outperform today also. Open / Comment

2021-12-07 11:13:51 BUY CALL INTRADAY TATA MOTORS BUY @475 above TARGET :- 480 / 485 STOPLOSS - 466 Open / Comment

2021-12-07 11:09:26 MARKET PREDICTION Gap up opening today Closing can be positive with very good points. Banks can lead from the front. BNF can outperform today. Open / Comment

2021-12-07 08:10:13 BUY CALL INTRADAY TATA MOTORS BUY @475 above TARGET :- 480 / 485 STOPLOSS - 466 Open / Comment

2021-12-07 06:45:12 BUY CALL INTRADAY

TATA MOTORS

BUY @475 above

TARGET :- 480 / 485

STOPLOSS - 466 Open / Comment

2021-12-07 06:39:35 MARKET PREDICTION Gap up opening today Closing can be positive with very good points. Banks can lead from the front. BNF can outperform today. Open / Comment

2021-12-07 06:32:35 Insider News Today

Reliance Industries: The company has raised USD 736 million in green loan to fund the acquisition of solar panel maker, REC Solar Holdings. This will be first such financing for the Mukesh Ambani-owned company. REC Solar is the borrower while Reliance New Energy Solar is the guarantor, according to media reports. Disclaimer: Moneycontrol is a part of the Network18 group. Network18 is controlled by Independent Media Trust, of which Reliance Industries is the sole beneficiary.

Karda Constructions | Eriska Investment Fund acquired 38 lakh equity shares in the company at Rs 16.5 per share, the bulk deals data showed.

LG Balakrishnan & Brothers | Promoter Rajvirdhan V sold 1.65 lakh equity shares in the company at Rs 492.97 per share on the NSE, the bulk deals data showed.

MT Educare | Axis Bank sold 9,18,033 equity shares in the company at Rs 7.77 per share on the NSE, the bulk deals data showed.

Rain Industries | Pabrai Investment Funds bought 2.05 percent stake in the company via open market transactions, increasing shareholding to 8 percent from 5.95 percent earlier.

Tanla Platforms, Vodafone Idea: The companies have signed agreements to deploy patented blockchain-enabled Wisely Platform.

HFCL | The company launched its qualified institutional placement issue on December 6, and approved floor price at Rs 72.33 per share.

Wipro | The company and Celonis launched Supply Chain Command Center to help organisations drive supply-chain transformation.

Maithan Alloys | The company has successfully switched on one of its two furnaces for manufacturing of ferro-alloys and commercial production is expected later this month. The other furnace is expected to be switched on within the next 30 days.

Tata Motors | The company announced an increase in price in the range of 2.5 percent, will be implemented from January 1, 2022, and will be put into effect across segments – M&HCV, I&LCV, SCV and bus, basis individual model and variant of the vehicle. Open / Comment

2021-12-07 05:30:19 MARKET PREDICTION

Gap up opening today

Closing can be positive with very good points.

Banks can lead from the front.

BNF can outperform today. Open / Comment

2021-12-06 15:48:57 Top monopoly companies in India

IRCTC

HAL

CDSL

BSE/MCX

IEX

Invest in these you want more returns than your FD / RD / MF Open / Comment