Two-day ‘Think-20’ meeting under G20 in Bhopal from today

Stock Market Essentials For January 13: Two-day ‘Think-20’ meeting under G20 in Bhopal from today

Photo : BCCL

Global Cues

India Wholesale prices, Trade Balance

China property prices, lending

Economic Release

5 pm: India Dec. Trade Balance, est. -$23.3b, prior -$23.9b

India earnings

Federal Bank, Angel Broking, JSW Ispat Special Products, Kesoram Industries, Bank of Maharashtra

Corporate action

Last date to buy Aarti surfactants to be eligible for rights issue

Other events

Delhi High Court to hear case on Fortis audit of share sale and Daiichi’s plea to seek $500 million award money using shares in Fortis

The World Economic Forum’s annual meeting kicks off in Switzerland, the first winter gathering since before the Covid pandemic till Jan 20

Two-Day ‘Think-20’ Meeting Under G20 In Bhopal From Jan 16

First G-20 infrastructure working group meeting in Pune on Jan 16, 17


11am: L&T Finance Holdings hosts confernce call to discuss 3Q FY23 performance

2pm: Shyam Srinivasan, MD & CEO of Federal Bank hold a press conference for announcing 3Q FY23 results and discussing future plans

4pm: Bank of Maharashtra hosts conference call on 3Q FY23 results

4:30pm: Federal Bank hosts conference call on 3Q FY23 earnings

6pm: Just Dial hosts conference call on 3Q FY23 earnings

Oil & Gas Updates

Brent Crude at $85.3/bbl Vs $84/bbl

Singapore GRM at $10.31/bbl Vs $9.1/bbl

Asia Spot Gas prices at $26.8/mmBtu Vs $26.9/mmBtu


FIIs net sold Rs 2422.39 cr worth shares on Jan 13 (prov)

DIIs net bought Rs 1953.4 cr worth shares on Jan 13

FII F&O Cash Data:

Index futures net buy Rs 1507 cr

Index options net buy Rs 305 cr

Stock futures net buy Rs 1156 cr

Stock options net sell Rs 8 cr

Total FII net buy Rs 2960 cr in F&O

F&O Ban:

GNFC & Indiabulls Hsg fin

Bulk/Block Deal

Shriram Finance

Dynasty Acqusition (FPI) Pvt Ltd sold ~80 lakh shares at Rs 1300/sh










Wipro: Tepid revenue and Q4 guidance ;but margin beat a surprise

CC growth of 0.6% vs 0.9% expected

IT Services Segment Revenue increased to $2,803.5 million vs $2814 mn expected

Re Revenue at 23229 cr vs 23180 expected

Margin at 16.3% vs 15.2% expected

PAT at 3056 cr vs 2950 cr expected

HDFC BANK Q3 Standalone YoY

NII/PAT-In line

Asset Quality Remains Flat

NII up 24.6% at Rs `22988 cr vs `18443 cr YoY

PAT up 18.5% at `12259 cr vs Rs 10342 cr YoY

Provisions at `2806cr vs `2994cr (vs `3240cr QoQ)

GNPA flat at 1.23% QoQ

NNPA flat at 0.33% QoQ


Overall-Mixed Numbers

Rev-Inline, PAT+EBIDTA-Below Estimates

Revenue up 24.7% at `11305 cr vs `9065 cr YoY

Net profit up 9.4% at `641 cr vs `586 cr YoY

EBITDA up 12.2% at `975 cr vs ` 869 cr YoY

Margins at 8.6% vs 9.6% YoY

L&T FINANCE Q3 (Consolidated YoY

Net Interest Income up 24% at Rs 1821 cr vs Rs 1467 cr,

Net profit up 39.3% at Rs 454 cr vs Rs 326 cr

One-time provision for Rs 2687cr due to change in business model

To merge L&T Fin, L&T Credit Infra with co

Co had earlier divested its MF business

Just Dial Q3 QoQ

Revenue up 8% at Rs 221cr vs Rs 205cr

PAT up 44% at Rs 75cr vs Rs 52cr

EBIDTA up 59% at Rs 27cr vs Rs 17cr

Margins at 12.2% vs 8.3%


Dr Reddys

“Dr. Reddy’s launches in-house palbociclib (PRIMCYV®) to widen access to high-quality breast cancer drug.”


Dr. Reddy’s has acquired trademark rights to the product for use in India from Pfizer Products India Pvt Ltd.

PRIMCYV® will be retailed in India at an 85% reduction from the current MRP to widen patient access to the trusted brand and high-quality product


The below Senior Officials of New Delhi Television Limited (“the Company”) have resigned:

1. Ms. Suparna Singh, President, NDTV Group;

2. Mr. Arijit Chatterjee, Chief Strategy Officer, NDTV Group;

3. Mr. Kawaljit Singh Bedi, Chief Technology and Product Officer, NDTV Group.

The Company is in the process of putting up a new leadership team

which will set a fresh strategic direction and goals for the Company.


Company has acquired 100% stake in the equity shares of Tetrarch Real Estates Private Limited from its existing shareholders.

Accordingly, Tetrarch Real Estates Private Limited has become a wholly owned subsidiary of the Company with effect from 13th January, 2023.

Total consideration= Rs 96.88 cr (CASH)

The acquisition is made with the objective to undertake real estate development projects in the Company.

Bharat Forge

With reference to our intimation dated July 28, 2022 regarding implementation of Voluntary Retirement Scheme in the Company, effective from July 29, 2022,

2 employees have opted for the Scheme which involved an overall payout cost of Rs. 71 Lakh.

Supriya Lifescienes (Clarification to news item)

Summons is being issued for regular data requests by the department.

Company has filed a writ petition in the Mumbai high court in light of the guidelines by the board (CBIC)

that these summons are against the prescribed objectives


ET report e talks about the summons being issued to various companies including Supriya Lifescience Ltd

HG Infra

Receipt of Letter of Acceptance from Delhi Metro Rail Corporation Limited (DMRC)

Bid cost: 412.11 Cr

Consturciton period: 24 months


Hon’ble National Company Law Tribunal, Mumbai Bench (‘NCLT’), basis its hearing held on 6th January, 2023 and Pronouncement of Order on 13th January, 2023,

has approved the Scheme of Merger by Absorption

of Mahindra Electric Mobility Limited (“MEML” or “Transferor Company”) with Mahindra and Mahindra Limited (“M&M” or “Transferee Company”)

Appointed Date of the Scheme is 1st April, 2021

Seamec Ltd (2174 cr mcap)

Company has completed the process of purchase of vessel “Subtech Swordfish”

and taken over the same on 13th January, 2023 at 10:30 hours London time.

On completion of takeover, the vessel was put on deployment on bareboat charter

with M/ s. James Fisher Marine Services Limited with multiple options during charter period.

The charter hire for the firm period is USD 798,000.

Max Financial Services Limited

Co has informed the Exchange regarding Cessation of Mr Mohit Talwar as Managing Director of the company w.e.f. January 14, 2023.

USL (Allotment of equity shares pursuant to Scheme of Amalgamation and Arrangement amongst Pioneer Distilleries Limited and United Spirits Limited)

Board of the Transferee Company, today, through circular resolution,

has approved the allotment of nos. 7,12,138 equity shares of face value Rs. 2 (Rupees two only) each

to the shareholders who were holding shares of the Transferor Company as on the aforesaid Record Date

SML ISUZU (Auto Expo Updates)

Presenting 4 of our latest products : 1 in cargo segment and other 3 in the passenger segment.

Three other products exhibited here are Front Door Hirai School Bus, Executive Lx CNG School Bus and Executive Lx Staff Bus

NCL Industries (778 cr mcap)- Quarterly Update Q3 FY23

Cement production up 27% YoY and down 1% QoQ

Cement dispatches up 27% YoY and down 1% QoQ

Tata Steel

“The British Steel Pension Scheme withTata Steel UK as Sponsor has completed a substantial part of its de-risking journey

with 60% of its liabilities now insured by an insurance company”.


Mr. Vishal Bhola, Managing Director of the Company will resign w.e.f 3 April

Mr. Narasimhan Eswar appointed as Additional Director and Managing Director with effect from 04th April, 2023 for a period of 5 years

Green Panel

Company is sponsoring Delhi Capitals, a franchise of Indian Premier League, as the principal sponsors for three years, i.e. upto the year 2025.

The company is also sponsoring Delhi Capitals’ sister team – the Pretoria Capitals, which will compete in the inaugural season of the SA20, as principal sponsor for three years.

Inox Wind

Allotment of Equity Shares upon part conversion of Convertible Warrants

Tata Motors

Co has filed Form 25 with Securities and Exchange Commission, USA and intimation thereof to New York Stock Exchange

in connection with proposed delisting of American Depositary Shares of Tata Motors Limited and termination of its American Depositary Share Program’.

Sula Vineyard

Co has recorded highest ever quarterly gross billings overall- both for own brands and wine tourism business

Own brands Gross billings- up 13% YoY

Wine tourism billings- up 13% YoY

Restaurants Brand Asia

CEO of Indonesia business Ravi Punj resigns

Sandeep Dey, Brand President of Popeyes® Indonesia busines will become CEO


Signs MoU with UP and MP Governments for power services related projects

MoU are worth Rs 1.16lk crore.


USA unit receives 2 Form-483 observations from USFDA

Observations were classified under VAI (Voluntary Action Indicated)


Receives entire of Ilamagiri Renewable Energy

In agreement with IL&FS Energy Development Company Limited.

KDDL (Mkt Cap-1314cr)

To consider buyback on Jan 18


Hyderabad facility receives 2 observations from USFDA

Gagillapur facility manufactures Finished Dosages (FDs) and Pharmaceutical Formulation Intermediates (PFIs).


Wins resolution bid for Andhra Cements

Issued letter of intent for Andhra Cements


Rakesh Kumar Jain appointed as Chairman

ONGC Clarifies

ONGC Videsh continues to be a part of the Sakhalin-1 Consortium.


U.S. FDA inspected Lupin’s Somerset, New Jersey, U.S.A. manufacturing facility from January 2, 2023 to January 13, 2023.

Inspection closed with issuance of a Form-483 with two observations


RattanIndia acquires EV maket Revolt Motors

Govt. extends bid due date for commercial coal block auction

Coal Ministry offers relaxation in revision of performance Bank Guarantee

Bharti Airtel Starts 5g Plus Services In Shillong

Reliance Jio True 5g Launches In Chhattisgarh, Bihar, Jharkhand

India’s Russian oil imports top 1 mn barrels a day in Dec

India forex reserves fall $1.27b w/w to $561.6b as of Jan. 6

Global Oil Majors Are Keen to Invest in India Projects: Minister

Becoming Net-Debt Free In Fy2024 Will Be A Stretch: Tata Cfo

Jaguar Land Rover May Miss Debt Reduction Target on Chip Crisis



No of shares

Mode of Acquisition


Promoter Group




Promoter Group


Pledge Invoked

Vaibhav Global Ltd

Promoter Group


Market Purchase

IIFL Wealth Management Ltd

Connected Person


Market Sale


Promoter Group


Pledge Released


Tata Motors

To be held on Wednesday, January 25, 2023 at 6.30 p.m. IST

with the Senior Management of the Company and Jaguar Land Rover Automotive Plc (Wholly Owned Subsidiary)

to update on the results for Q3FY2023 of the Company.

National Fertilisers

Company will be participating in Non-Deal Roadshows and shall meeting with prospective investors from 16th January, 2023 to17th January, 2023 in Mumbai.

Metro Brands

On 18th January, 2023 at 3.30 PM

JSW Energy

Results Conference Call on Friday, 20th January, 2023 at 6.30 p.m. (IST)

Everady Industries

Jan 16 and 17 organised by Ambit Capital

Stylam Industries

19 Jan at 11 am

Surya Roshni

Wednesday, 18th November, 2023 at 4 PM

Capri Global

January 14, 2023 Group Visit of Sell Side and Buy Side analysts to Gold Loan branches of Capri Global Capital Ltd. in Gurugram, Haryana.

Ganesh Housing

At 1200 hrs. IST on Wednesday, January 18, 2023


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