Daily Archives: Thursday January 3rd, 2019

Higher Delivery Quantity (03/01/2019)

REDINGTON 1472764 45860 88.15
PHOENIXLTD 357806 12032 577.70
TEJASNET 443821 20087 200.10
TRITURBINE 1084143 63099 111.85
ITDCEM 759189 70242 112.80
NAVNETEDUL 76155 9389 109.05
GSPL 2037695 321978 170.45
ABCAPITAL 3854796 696999 98.25
GUJFLUORO 105216 22163 912.45

Market continues to decline

Recession Chart

MUMBAI: The Indian stock market closed on Thursday due to selling in metal, auto and banking stocks. The Bombay Stock Exchange’s BSE benchmark fell 1.05 per cent to end the day with a loss of 377 points to close at 35,513. On the National Stock Exchange, the Nifty closed 120 points down at 10672 points.
Earlier on Wednesday, the BSE Sensex also saw a decline of tenth century. After the approval of the merger in Vijaya Bank and Dena Bank’s Bank of Baroda by the government, the shares of these two banks saw a huge decline. However, shares of Bank of Baroda rose sharply from the buying. BSE Midcap closed at 15,575 points, down 156 points, while the BSE Smallcap closed at 14572 points, down 85 points.
The 50-share sensitive index Nifty also fell below the 10,700 points level after a day’s trading and closed at 10,672 after the 120-point fall. Nifty has witnessed a decline in all sectoral indices, including auto, banking, energy. Nifty closed 8 stocks in green mark, while 42 shares closed in red mark. Nifty Midcap-50 fell 1.11 percent to close at 4806 points, while the mid-caps -100 also closed with a loss of 83 percent to 17530 points. Nifty Smallcap -100 recorded a decline of 82 percent.
In BSE, Cox and Kings gained 5.72 per cent, Info Edge India Ltd’s 4.60 per cent, Aishi India Glass by 3.81 per cent, Ujjivan Finance Ltd at 3.81 per cent and Orient Cement Ltd. shares rose 3.63 per cent. 19.78 percent in Dena Bank, 7.05 percent in Jindal Steel, 6.76 percent in Vijaya Bank, 6.41 percent in Jet Airways and 5.46 percent in Reliance Infra.
In the Nifty, Eicher Motors lost 4.22 per cent, HPCL by 3.47 per cent, ONGC by 3.43 per cent, India Bulls Finance Limited 3.36 per cent and IOCL 3.32 per cent. 3.31 per cent in Bharti Infratel Limited, 31.1 per cent in Titan, 28 per cent in HCL, 27 per cent in Asian Paints and 11 per cent in Bajaj Auto shares.

Dena Bank, Beating of Vijaya Bank shares

Sensex ends down

Mumbai-Vijaya Bank and Dena Bank in Bank of Baroda, after getting Cabinet approval, merger of Vijaya and Dena banks got a fall in the shares. Stock ratio with Bank of Baroda is disappointing to investors.
Explain that the government had announced the merger of three public sector banks in the public sector last year. After the merger, the proposed bank, SBI and ICICI will become the third largest bank after this. Talking about Thursday’s turnover, Dena Bank’s share in intra-day declined by 19.8 percent to Rs 14.40 per share, while Vijaya Bank saw a decline of 7.4 percent and trading at Rs 47.25 per share level. Gaya.
Although the shares of Bank of Baroda got a boost in the shares. These 3% jump and reached at the level of 123 rupees per share. According to the merger plan, shareholders of Vijaya Bank will get 402 equity shares of Bank of Baroda instead of every 1000 shares. In the case of Dena Bank, its shareholders will get 110 shares of Bank of Baroda instead of 1,000 shares.

Mahindra & Mahindra Financial NCD from Jan 4

stock market news

The Mumbai-Mahindra and Mahindra Financial’s non-convertible debentures (NCD) will open on January 4 and close on January 25. Through this, the company has an option to raise Rs 3,500 crore. However, its original size is only 500 crores rupees. If more money comes, then the company can do it up to Rs 3,500 crore. Also, if there is good response from investors, then the company can close it before the due date.

Ramesh Iyer, the Vice Chairman of the company, told in Mumbai that this NCD is both insecure and safe. Its face value is Rs. 1,000 per NCD. 2,300 crores for the unsecured NCD and Rs. 1,000 crores reserved for the NCD reserved in this NCD. Please note that Mahindra & Mahindra Financial Services is the leading non-banking financial company (NBFC) of Mahindra & Mahindra, which focuses in rural and semi-urban areas.

Care and India ratings for this NCD have given the AAA rating of Rs 10,000 crore, which is important for security. In this NCD, investors will get many series, which has series from one to four. Its period ranges from 39 months to 120 months. The company will pay interest from 9 per cent to 9.50 per cent annually under this NCD. Its lead managers include Edelweiss Financial Services, AK Capital Services, Axis Bank, ICICI Securities, SBI Capital Markets etc.

KPI Global Infrastructure IPO 8

IPO Investment

Under the name of Mumbai-Solarism brand name, SME IPO of KPI Global Infrastructure Limited, a company engaged in solar power generation and solar power generation, will open on January 8 and close on January 11.

This IPO is for equity shares of 49,92,000 equity shares of face value of Rs 10 with equity value of Rs 80, in which share equity of Rs 70 per equity share is included. In this way, the company will raise Rs 39.93 crore through the market. Under this, the company has reserved 2,49,600 equity shares for subscription by market maker, which is worth Rs 1.99 crore. After reducing the reserve portion for the market maker, the remaining part is Rs. 37.93 crores. Bids can be made for 1600 equity shares with a minimum application size of Rs. 1,28,000 / – and the subsequent multiples of 1600 equity shares.

Current issue and net issue, the equity share capital paid after the offer was issued by the company would be 27.63 percent and 26.25 percent, respectively. All applicants who apply in public issue will use the application supported by the blocked amount to make payment. IPO Lead Manager is Vivro Financial Services Private Limited. Equity shares will be listed on the BSE’s SME platform.