Systematix Group Official

2022-09-01 10:48:31 Birlasoft Ltd Buyback Update: Last day to Tender shares for Buyback Buyback price: Rs 500 CMP: Rs 327 *Must have held shares as of 15th July (Bought on/before 13th July) to be eligible for Buyback tender Open / Comment

2022-09-01 09:45:01 GST collections remain above Rs. 1.40 lakh cr level for 6th straight month.

August collections come in at Rs. 1.43 lakh cr, up 28% YoY, down 4% MoM Open / Comment

2022-09-01 08:35:22 Buy PIDILITIND in cash @ 2789-2780 SL 2700 TGT 2980 Open / Comment

2022-09-01 06:15:58 Systematix Daily Market Updates:

Domestic Markets:
Trends in SGX Nifty indicate a negative opening for the broader index in India with a loss of 37.50 points. The Nifty futures were trading around 17,472.50 levels on the Singaporean exchange. The Sensex surged 1,564 points, or 2.7 percent, to 59,537. The Nifty jumped 446 points, or 2.8 percent, to 17,759 Among sectors, The Realty index was the lead gainer up by 3.49% & Bank Nifty appreciated by 3.30%. The momentum in broader markets remained strong. The Nifty Midcap 100 index gained 2% and Smallcap 100 index rose 1.3%.

Global Markets:
U.S. stocks ended the month with their fourth straight daily decline on Wednesday, cementing the weakest August performance in seven years as worries about aggressive interest rate hikes from the Federal Reserve persist. The Dow Jones Industrial Average fell 280.44 points, or 0.88%, to 31,510.43; the S&P 500 lost 31.16 points, or 0.78%, to 3,955; and the Nasdaq Composite dropped 66.93 points, or 0.56%, to 11,816.20. Asian Markets are trading weak with Taiwan Weighted, Nikkei, Kospi down over 1% each, and Hang Seng down 0.7 percent.

Technical Outlook:
After the gap-up opening nifty continued its bullish momentum and confirmed a higher top higher bottom formation. Closed above the psychological level of 17500 and 20 simple DMA is positive for the index. in this process, it has formed a big bullish body candlestick pattern. And closed above the past six day’s high. which suggests the short-term trend is positive. On the higher side nifty may find resistance near 17800 and above this 18000 whereas the demand zone is shifted at 17300 levels. On weekly time frame Nifty has exactly found support near 50 simple DMA which placed around 17141 marks. This level may act as a trend reversal level in the near term. Open / Comment

2022-09-01 06:15:20 Stocks To Watch

Zee Entertainment: The company entered strategic licensing agreement with Disney Star for TV broadcasting rights for ICC Men’s and Under 19 global events for a period of four years.

Tata Motors: The company has bought 49% stake of Marcopolo S.A. in Tata Marcopolo Motors for Rs 99.96 crore. Consequently, TMML will become a wholly owned subsidiary of the company.

Tata Steel: The company has invested Rs 54 crore in its wholly owned subsidiary Tata Steel Mining.

Infosys: The company divested its minority stake in San Francisco based Trifacta Inc for $12 million.

Glenmark: The company along with Hikma Pharmaceuticals launched nasal spray Ryaltris for relief for both nasal and ocular symptoms of seasonal allergic rhinitis

Inox Wind: The company approved fund raising of Rs 800 crore via issue of non-convertible preference shares to promoters on preferential basis. The funds will be used for repayment of debt. It aims to achieve net debt zero status “in the near future.”

Credit Access Grameeen: The company has entered an arrangement to avail $90 million through first of its kind Loan Syndication Arrangement led by HSBC Bank. The other lenders in the syndication arrangement include Bank of India, Union Bank of India and UCO Bank.

Aditya Birla Fashion and Retail: The company received approval from Competition Commission of India for acquisition of 7.49% stake by Caladium Investment Pte for Rs 2,195 crore. Open / Comment

2022-09-01 06:15:20 Systematix Corporate Action Tracker - Dividend

Ex-Dividend 02 September 2022 (Tomorrow)
Last date for Cum-Dividend Today

AIA Engineering Ltd.
Dividend Per Share Rs.9
Previous day Closing Price – Rs. 2603.65

Anupam Rasayan India Ltd
Dividend Per Share Rs.1
Previous day Closing Price – Rs. 772.65

APL Apollo Tubes Ltd.
Dividend Per Share Rs.3.5
Previous day Closing Price – Rs. 946.75

Engineers India Ltd.
Dividend Per Share Rs.1
Previous day Closing Price – Rs. 67.9

Grovy India Ltd
Dividend Per Share Rs.0.1
Previous day Closing Price – Rs. 82.25

Indo Amines Ltd.
Dividend Per Share Rs.0.5
Previous day Closing Price – Rs. 151.3

Joindre Capital Services Ltd.
Dividend Per Share Rs.1.25
Previous day Closing Price – Rs. 29.5

Nikhil Adhesives Ltd.
Dividend Per Share Rs.2
Previous day Closing Price – Rs. 1360.35

QGO Finance Ltd
Dividend Per Share Rs.0.1
Previous day Closing Price – Rs. 24

Shiva Texyarn Ltd.
Dividend Per Share Rs.1.4
Previous day Closing Price – Rs. 161.85

TVS Srichakra Ltd.
Dividend Per Share Rs.16.3
Previous day Closing Price – Rs. 2166.65 Open / Comment

2022-09-01 06:00:30 Fundamental Call update: Investment Ideas for the long term - August 2022
(Time frame 12 months+)

Click for detailed reports: https://bit.ly/3AUodAz

Disclaimer: https://bit.ly/3mtKb59 Open / Comment

2022-09-01 06:00:30 Performance Tracker from the Technical Research desk for the month of August- 2022

Disclaimer: https://bit.ly/2NqF9ZA Open / Comment

2022-09-01 05:30:42 Systematix Daily Technical Call: Buy - Endurance Technologies Ltd

Disclaimer: https://bit.ly/3uEcdQa Open / Comment

2022-08-31 06:30:38 Systematix wishes everyone a very Happy Ganesh Chaturthi

We wish Lord Ganesha brings happiness, joy, and celebrations to your door and remove any obstacles you may face!

Welcome Home Bappa Open / Comment