IPO INFO

2022-01-05 10:27:32 *Sector Update*

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

*Top Picks*

INDIAN BK CMP 144.0 Support 142.0 TGT 148.0
BOB CMP 84.0 Support 83.0 TGT 87.0
IDBI 48.0 Support 47.0 TGT 50.5
SBIN CMP 488.0 Support 480.0 TGT 498.0 Open / Comment

2022-01-05 10:13:54 *ASTRAZENECA:* CO RECEIVED A PAYMENT OF $270M FROM COVIS PHARMA (SUPPORTIVE FOR STOCK PRICES) Open / Comment

2022-01-05 08:13:03 RBI SAYS SBI, ICICI BANK AND HDFC BANK CONTINUE TO BE IDENTIFIED AS DOMESTIC SYSTEMICALLY IMPORTANT BANKS

RBI ANNOUNCES INCLUSION OF AIRTEL PAYMENTS BANK IN SECOND SCHEDULE OF THE RESERVE BANK OF INDIA ACT, 1934 Open / Comment

2022-01-05 07:37:58 *ADANI ENTERPRISE:* CO WINS COAL TENDER (SUPPORTIVE FOR STOCK PRICES) Open / Comment

2022-01-05 07:37:02 Stock Update: *PIDILITE* At 52 week high as price pierced 2607.0 levels, Support 2585.0 TGT 2660.0 Open / Comment

2022-01-05 07:36:35 *Sector Update*

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

*Top Picks*

CHAMBAL CMP 416.0 Support 409.0 TGT 430.0
RCF CMP 79.0 Support 77.0 TGT 83.0
NFL 56.8 Support 55.0 TGT 60.0
DEEPAK CMP 418.0 Support 408.0 TGT 430.0
GSFC CMP 125.0 Support 122.0 TGT 130.0 Open / Comment

2022-01-05 06:42:47 NIFTY BUYING ZONE SUPPORT 17450 AND SELLING ZONE 17980. AND BANKNIFTY BUYING ZONE 36100 AND SELLING ZONE 37300 Open / Comment

2022-01-05 06:37:39 *Tradable Stocks in News*


CS reiterate outperform on *Ambuja Cem* with the target at Rs 450/sh. (Positive 388.0 Support 380.0 TGT 402.0)

CS reiterate outperform on *Ultratech Cem* with the target at Rs 9250/sh (Positive 7630.0 Support 7560.0 TGT 7780.0)

Jefferies on *ICICI Bank:* Maintains Buy on Bank, target price at Rs 1000/Sh (Positive 768.0 Support 760.0 TGT 784.0)

Jefferies on *Laurus Lab:* Maintains Buy on company, target price at Rs 628/Sh (Positive 516.0 Support 508.0 TGT 530.0)

CLSA on *JSPL:* Maintains Buy on company, target price at Rs 576/Sh (Positive 384.0 Support 378.0 TGT 397.0)

CLSA on *HDFC Bank:* Maintains Buy on Bank, target price at Rs 2025/Sh (Positive 1518.0 Support 1504.0 TGT 1545.0)

*Bharti Airtel:* Company to continue with existing corporate structure, pursuing plan to merge DTH ops with co. (Positive 695.0 Support 687.0 TGT 712.0)

*HUL:* Consumer products distributors resume supply of Hindustan Unilever products in Maharashtra (Positive 2390.0 Support 2362.0 TGT 2440.0)

*ITC:* Company forays into plant-based meat products under the Master Chef brand (Positive 218.0 Support 215.0 TGT 225.0)

*Grasim:* Promoters bought 59k shares of Company. (Positive 1680.0 Support 1660.0 TGT 1724.0)

*Navneet Education:* CARE revised rating on company's long term bank facilities to AA/stable, from AA+/Negative. (Positive 86.0 Support 84.0 TGT 91.0) Open / Comment

2022-01-04 08:02:37 Stocks in News*


*Maruti:* December production has seen at 152029 units versus 155127 units YoY (Positive)

*Hindustan Zinc:* Company recorded highest ever production of saleable metals during Q3 (Positive)

*Vedanta:* The company announced total aluminium production at 5.79 lakh tonnes for Q3FY22, up 16 percent from 4.97 lakh tonnes in Q3FY21. (Positive)

*Borosil:* Additional investment in Subsidiary Company by way of subscription towards Rights Issue. (Positive)

*Tata Power:* Sanjeev Churiwala joins Tata Power as the new Chief Financial Officer (Positive)

*HDFC:* Loans sold in the preceding 12 months amounted to Rs 27,591 crore (Previous Year: Rs 16,956 crore ) (Positive)

*Ajmera Realty: To Build High End Residence in Juhu, Focusing On Urban Rejuvenation" (Positive)

*GAIL India:* Company to pay Rs 4/share as dividend. (Positive)

*Pfizer:* The US Food and Drug Administration has approved the use of Pfizer-BioNTech COVID-19 vaccine for those aged 12-15 years (Positive)

*Lemon Tree:* Goldman Sachs (Singapore) Pte has bought 30 lk shares, representing 0.38% stake in Lemon Tree Hotels. (Positive)

*Granules:* Board has appointed Kandiraju Venkata Sitaram Rao as joint managing director and chief executive officer from Jan 5 (Positive)

*Dilip Buildcon:* Got order worth Rs 2,680 cr from Coal India arm (Positive)

*Hero MotoCorp:* To raise prices of two wheelers upto Rs 2000 (Positive)

*KIMS:* Goldman Sachs (Singapore) Pte.- ODI acquired 72,009 equity shares in the company at Rs 1,425.65 per share (Positive)

*Sugar Stocks:* Sugar Output in India Rises 4.3% in Quarter Ended December: ISMA (Positive)

*Mirza:* Promoters bought 1 lakh shares of Company. (Positive)

*Wockhardt:* To consider various fund raising options (Positive)

*Karnataka Bank:* The bank's deposits rose 6.3 percent YoY as of December 31 and gross loans were up 5 percent. (Positive)

*Biocon* Biologics approves merger of Covidshield Tech with self (From Agencies) (Positive)

*Marico:* Low teens consolidated revenue growth in Oct-Dec. (Neutral)

*Take:* Company default on repayment of principal amount on loans from banks. (Negative) Open / Comment

2022-01-03 11:29:18 Nifty 17400 CALL OPTION 06th January TGT 230 has been achieved, can hold position for TGT 288.0

Nifty Bank 35500.0 CALL OPTION 06th January TGT 680.0 has been achieved, can hold position for TGT 820.0 Open / Comment