IPO INFO

2022-01-13 08:59:19 #BusinessNews - Adani Group has signed an agreement to build a steel plant in Gujarat.

Read: https://ipoinfo.co.in/adani-group-has-signed-an-agreement-to-build-a-steel-plant-in-gujarat/ Open / Comment

2022-01-13 08:29:39 #MarketNews - Bet on infrastructure related sectors ahead of the Union Budget 2022: George Heber Joseph of ITI Mutual Fund

Read: https://ipoinfo.co.in/bet-on-infrastructure-related-sectors-ahead-of-the-union-budget-2022/ Open / Comment

2022-01-13 08:23:10 *Sector Update*

Pharma stocks seen Buying move and trading at day’s high.

*Top Picks*

DRREDDY CMP 4738.0 Support 4710.0 TGT 4780.0
AURO PHARMA CMP 721.0 Support 714.0 TGT 740.0
CADILA CMP 447.0 Support 443.0 TGT 458.0
GLENMARK CMP 523.0 Support 517.0 TGT 535.0
LUPIN CMP 962.0 Support 954.0 TGT 978.0 Open / Comment

2022-01-13 07:21:16 Stock Update: *AU BANK* at highest levels since October as price pierced 1310.0 levels, Support 1292.0 TGT 1340.0 Open / Comment

2022-01-13 07:18:59 Nifty 18200 CALL OPTION 20th January at 175, can hold position for TGT 260.0 with SL 80.0

Nifty Bank 38800.0 CALL OPTION 20th January at 418, can hold position for TGT 620.0/720.0 with SL 230.0 Open / Comment

2022-01-13 07:00:35 Stock Update: *HINDALCO* at highest levels since October as price pierced 500.0 levels, Support 495.0 TGT 512.0 Open / Comment

2022-01-13 06:56:12 Stock Update: *TATA CHEM* at highest levels since October as price pierced 1001.0 levels, Support 989.0 TGT 1030.0 Open / Comment

2022-01-13 06:50:24 NIFTY BUYING ZONE SUPPORT 18018 AND SELLING ZONE 18530. AND BANKNIFTY BUYING ZONE 38380 AND SELLING ZONE 39100 Open / Comment

2022-01-13 06:39:29 Stocks in News*


*Infosys:* Net profit at Rs 5,809 cr vs Rs 5,421 cr (QoQ). Guidance FY22 revenue growth guidance raised to 19.5-20% from 16.5-17.5% (Positive)

*Manappuram Finance:* Board meeting to be held on January 17 to consider raising funds via NCDs. (Positive)

*TCS:* Company announces buyback valued at Rs 18,000 cr at Rs 4,500/sh. (Positive)

*Tata Motors:* Company continues to see strong demand for its products with global retail orders at record levels (Positive)

*Rites:* Company signs MoU with IIT Roorkee to explore viable business opportunities in the infrastructure sector. (Positive)

*NALCO:* Company operationalizes 100% of its Pots; brings into operation 960 pots in its smelter plant at Angul. (Positive)

*Sandhar:* The Company has applied under the PLI Scheme for Automobile and Auto Components Sector. (Positive)

*IRCTC:* Indian Railways to restore 2 important trains running between Delhi & Mumbai this month

*Route:* Bank of Maharashtra to transform its customer communications with WhatsApp Banking Service using CPaaS solutions of Route Mobile Limited (Positive)

*Lumax:* Company has commenced its commercial production, of Electronic Components for automotives (Positive)

*HAL:* ICRA has upgraded rating from [ICRNAA+ and outlook revised to Stable from Positive (Positive)

*PB Fintech:* Paisabazaar.com reaches $1.1 billion annualized loan disbursal rate, provides access to credit across 668 cities (Positive)

*Adcon Capital:* To consider stock-split, rights issue on Jan. 21 (Positive)

*Titagarh:* Company acquires infrastructure of erstwhile Precision Shipyard to expand its Ship-building business” (Positive)

*Power Grid:* Company signs a Joint Development Agreement with Africa50 to develop the Kenya Transmission Project (Positive)

*TCS:* Revenue at Rs 48885.0 cr vs poll of Rs 48481.0 cr, Profit at Rs 9769.0 cr vs poll of Rs 9862.0 cr. (Neutral)

*Akshar Chem:* CARE has reviewed the ratings on the bank facilities of the Company and reaffirmed the rating for the Short term Bank Facilities (Neutral)

*Wipro:* $ revenue at $2,639.7 m vs CNCB-TV18 poll of 2,673 m, Revenue at Rs 20432.3 cr vs poll of Rs 20460 cr. (Negative) Open / Comment