Stock market essentials for August 17: Union Cabinet to meet today

Representational image.

Events Today :

India’s federal cabinet is scheduled to meet;

Commerce Minister Piyush Goyal to speak at Asian Textile Conference.

UK. Consumer Price Index (CPI) YoY

U.S. Crude Oil Inventories

U.S. Federal Open Market Committee (FOMC) Meeting Minutes

AGMs

Avenue Supermart

Ultratech Cement

JK Laxmi Cement

West Coast Paper Mills

Kirti Industries

Corporate Action

Ex-dividend date for Alembic Pharma, Container Corp, Everest Industries, Jagran Prakashan, Mannapuram Finance, REC Ltd, Relaxo Footwear

REC bonus Issue 1:3 Ex Date 17th Aug 2022 and record date 18th Aug

JK Laxmi cement final dividend record date 17th Aug 2022

FII/DII Data:

FIIs net bought worth Rs. 1376.8 cr of shares on Aug 16 (prov)

DIIs net sold worth Rs 136.2 cr of shares on Aug 16

FII F&O Cash Data:

Index futures net buy Rs 225 cr

Index options net sell Rs 643 cr

Stock futures net buy Rs 1315 cr

Stock options net buy Rs 156 cr

F&O Ban

Balrampur Chini Mills, and Delta Corp & Tata chemicals

Bulk/Block Deal:

HDFC AMC

ABRDN INVESTMENT MANAGEMENT sold 1.2cr shares @ 1935.6

Max Healthcare Institute

NEW WORLD FUND, INC bought 6.5cr shares @ 353

SMALLER CAP WORLD FUND INC bought 2.6cr shares @ 353

WF ASIAN SMALLER COMPANIES FUND bought 80.4lk shares @ 353

WF ASIAN RECONNAISSANCE FUND bought 80.4lk shares @ 353

GOVERNMENT OF SINGAPORE bought 5.2cr shares @ 353

MONETARY AUTHORITY OF SINGAPORE bought 1.05cr shares @ 353

BNP PARIBAS ARBITRAGE bought 1.06cr shares @ 353

KAYAK INVESTMENTS HOLDING sold 26cr shares @ 353

BSE Block deal

Singer India

SEVEN HILLS CAPITAL bought 4lk shares @60.67

INSUREXCELLENCE ADVISORS bought 5.4lk shares @ 53.5

TIA ADVISORS bought 5.4lk shares @ 53.5

VEENA KUMARI TANDON bought 7lk shares @ 53.5

GAURI TANDON bought 7lk shares @ 53.5

ILLINGWORTH ADVISORS bought 7.2lk shares @ 53.5

PIVOTAL BUSINESS MANAGERS bought 7.5lk shares @ 53.5

PGA SECURITIES bought 24.5lk shares @ 53.5

RARE INVESTMENTS bought 42.5lk shares @ 53.5

MANSI SHARE & STOCK ADVISORS net bought 35k shares @ 54.9

AUTHUM INVESTMENT & INFRASTRUCTURE bought 5.7lk shares @ 68.8

RETAIL HOLDINGS (INDIA) B.V. sold 1.2cr shares @ 53.5

NSE:

Gujarat Alkalies & Chem

MERIDIAN CHEM BOND PVT LTD bought 5.3lk shares @ 831

STOCKS IN NEWS:

NXTDigital

Merger of Hinduja Leyland Finance Limited (HLFL) into NXTDIGITAL Limited (NDL) approved by the Board

Shareholders of HLFL will get 23 fully paid equity shares of face value of Rs 10 per share in NDL for every 10 fully paid equity shares of face value of Rs 10 each held by them in HLFL.

MGL

Mahanagar Gas cuts PNG and CNG prices on higher supply from govt

Price of PNG has been reduced by Rs 4 per standard cubic metre to Rs 48.50 per SCM, while that of CNG by Rs 6 a kilogram to Rs 80 per kg,

Cipla

Appointment of Mr. Ashish Adukia as the Global CFO and KMP wef 16 Aug

Alert Ashish was was the Chief Financial Officer of Grasim Industries

Relieves Dinesh Jain from Additional responsibility of Interim CFO

Dinesh Jain will continue as Senior Vice-President & Head-Corporate Finance

Techno Electric & Engineering

Secured new orders for FGD totaling to Rs 1,455 Cr

Punjab & Sind Bank

One year MCLR revised to 7.65% wef 16th August 2022

Indoco Remedies

To acquire up to 26% stake in Jalansar Wind Energy Pvt Ltd, for setting up Solar Power Plant at Akkalkot, Maharashtra.

Cost of Acquisition- Rs 57,60,000

Bharat Gears

Board meeting on 19 Aug to consider issue of bonus share

Vaibhav Global

Shop LC Inc., a US based subsidiary has received LEED Gold certification for 2 buildings

Gala Global Products

Board meeting on 22 Aug to discuss options for equity expansion, fresh fund raising via various available instruments

Bajaj Hindusthan Sugar

SBI initiated corporate insolvency resolution process

Engineers India

Atul Gupta has assumed charge of the post of Director (Commercial) of the Company w.e.f. 16th August, 2022

Others

FROM PTI

Gold jewellery demand likely to contract in second and third quarters of FY23: Report

FROM PTI

Bajaj Electricals elevates Anuj Poddar as Managing Director, CEO

Inflation: Things might get “better” towards Sept-end, says SBI Chairman

NTPC to raise `5,000 cr term loan

Adani Logistics to acquire ICD Tumb from Navkar Corp for `835 cr

WALMART Q2/FROM AGENCIES

Maintains outlook for back-half of FY23

Adj EPS $1.77 vs est of $1.63

Sees yr adj eps to decline 9.0% to 11.0%

Top-line global growth partially from inflation

Sees year consolidated net sales growth to be about 4.5%

Sees year adj EPS decline 9%-11%, saw decline of 11%-13%

Continuing to work on supply chain costs

Investor/ Analyst Meet:

Kalyan Jewellers on call with Maxim AMC on 16th August

Happiest Mind tech to attend IIFL Caravan Conference on 18th August

eMudhra on call with host of investors on 18th August

ITC to attend conference held by UBS securities & Nirmal Bang on 17 & 18 Aug respectively

Infibeam Avenues to attend call organized by Citi group on 22 August

Ami Organics to participate in ‘Motilal Oswal Specialty Chemical Day’ on 18 Aug

Metro Brans to attended call organized by Nirmal Bang & JP Morgan Asset Management on 16 Aug

CAMS meeting with Arisaig Partners conducted by Jefferies on 18 Aug

Polycab India meeting with Nordea Investment Management, Dolat Capital Market on 17 Aug

NBCC (India) earning call held on 16 Aug

KPI Green Energy meeting with group of investors on 17 Aug

Rossari Biotech to participate in ‘Motilal Oswal Specialty Chemical Day’ on 18 Aug

Antony Waste Handling cell to meet analyst on 17 Aug

MCX meeting with host of investors on 17,18,19,& 24 Aug

Adani Enterprises meeting with Quant Mutual Fund & Edelweiss India Conference 2022 on 17th & 18th Aug respectively

Crisil meeting with JP Morgan Asset Management on 18 Aug

ONGC to attend Edelweiss India conference 18-19 Aug

Adani Transmission to meet host of investors on 17-19 Aug in Singapore

Indigo Paints to meet investor/analyst in London organized by Kotak Sec on 18-19 Aug

IRFC analyst/investor call held on 16 Aug

Nuvoco Vistas Corporation attend Nirmal Bang Institutional Equities – Investor Conference on 17 Aug

Samvardhana Motherson International to attend call organized by B&K sec from 18-19 Aug.

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