Closing Index

 22 Apr 

BSE CLOSED @ 48080.67 ✅ 374.87 Points 

NSE CLOSED @ 14406.15 ✅ 109.75 Points 

BankNifty Closed 31782.60 ✅ 669.90 Points 

India VIX Closed 23.0250 ✅ 0.6000 Points.

To Watch

Stocks To Watch

Hero MotoCorp: To temporarily suspend manufacturing at all plants due to the rapid rise in coronavirus cases in the country. Each plant to remain shut for four days in a staggered manner between April 22 and May 1. Company to utilise the shut-down days to carry out necessary maintenance work in the manufacturing plant. Shutdown to not impact its ability to meet the demand, which has been impacted due to localised shut-downs in many states. Production loss to be compensated during the remainder of the quarter. All plants to resume normal operations post the short shutdown period. Further, the company has partnered with Gogoro Inc. to accelerate the shift to sustainable electric mobility in India. The companies will establish a battery swapping joint venture and will collaborate on electric vehicle development to bring Hero-branded, powered by Gogoro Network vehicles to market.

Indiabulls Housing Finance has entered into a co-lending arrangement with HDFC Ltd. Indiabulls Housing Finance will originate retail loans through a jointly drawn up credit policy. It will retain 20% of the loans and 80% will be on HDFC's balance sheet. The arrangement is part of Indiabulls Housing Finance's balance sheet light growth model.

KEC International: Has secured new orders of Rs 1,245 crore across its various businesses. The company has secured orders of Rs 629 crore for Transmission & Distribution projects and the railways business has secured orders of Rs 446 crore. The company has also secured orders of Rs 107 crore for infra works and of Rs 63 crore for various types of cables. With these orders, the company's total order inflow for FY21 stands at Rs 11,876 crore.

SBI: IRDAI has imposed a penalty of Rs 25 lakh on SBI General lnsurance Co.--an unlisted subsidiary of State Bank of India--for non-compliance with minimum obligations under Motor Third-Party Business as specified in IRDA regulation 2015. The penalty has been imposed for violation of Section 32D of lnsurance Act, 1938.

Federal Bank: Has appointed Damodaran C as Chief Risk Officer for a period of three years effective May 1, 2021. Damodaran will replace Wilson Cyriac, who would be retiring from the services of the bank on April 30, 2021.

Dilip Buildcon: Board has approved the opening of QIP of equity shares of the face value of Rs 10 on April 20. The floor price of Rs 568.41 per equity share is at a 4.48% discount to Tuesday's closing price.

Lupin: Has incorporated a wholly-owned subsidiary in the USA under the name Lupin Oncology Inc. This wholly-owned subsidiary will be engaged in the development/co-development and commercialisation of multiple oncology products globally.

No Nifty Earnings

Non-Nifty Earnings: Cyient, Fineotex Chemical, Filatex India, Indus Towers, Rallis India, Tata Elxsi 

Fno Ban Stocks 22.04.2021

Stock under F&O ban on NSE 22-Apr-21

1 SAIL

2 SUNTV

Corporate Actions / Results

Today's Corporate Action 22nd Apr Ex Date

ASHFL E.G.M.

CASTROLIND Final Dividend - Rs. - 3.0000

MUTHOOTFIN Interim Dividend - Rs. - 20.0000

NGIL E.G.M.

Today's Key Results/Board Meetings 22-Apr-21

AMAL Audited Results

ANGELBRKG Interim Dividend

CYIENT Audited Results;Final Dividend

FCL Audited Results;Final Dividend

FILATEX Audited Results;Final Dividend

HINDBIO Audited Results

INDBANK Audited Results;General

INDBNK Audited Results;General

INDSOYA General

INDUSTOWER Audited Results

RALLIS Audited Results;Final Dividend

RAWEDGE Bonus issue;Increase in Authorised Capital

SASKEN Audited Results;Final Dividend;General;Quarterly Results

TATAELXSI Audited Results;Final Dividend

VISAKAIND Audited Results;Final Dividend

Results on April 22

Cyient, Indus Towers, Rallis India, Sasken Technologies, Tata Elxsi, Visaka Industries, Amal, Fineotex Chemical, Filatex India, Hindustan Bio Sciences, Indbank Merchant Banking Services, and Ind Bank Housing will release their quarterly earnings on April 22.

In News

Stocks in News

Nestle India: The company has reported a 14.6% growth in Q1CY21 profit at Rs 602.2 crore against Rs 525.4 crore in the corresponding period, revenue rose to Rs 3,610.8 crore from Rs 3,325.8 crore YoY.

Swaraj Engines: The company reported sharply higher profit at Rs 32.6 crore in Q4FY21 against Rs 15.8 crore in Q4FY20, revenue jumped to Rs 304.9 crore from Rs 175.1 crore YoY.

Asahi Songwon Colors: The company said Utsav Pandwar has resigned as Chief Financial Officer and key managerial personnel of the company due to his personal reasons.

Voltas: Life Insurance Corporation of India acquired 46,000 equity shares (0.02% of paid up equity) in Voltas on April 19. LIC increased stake in the company to 5.01% from 4.99% earlier.

Orient Bell: Porinju Veliyath-owned Equity Intelligence India reduced 3.90% stake (or 5,59,512 equity shares) at the end of March 2021, from 4.25% stake (or 6,09,512 equity shares) as of December 2020.

Salasar Techno Engineering: The company has received new orders worth Rs 27.45 crore and Rs 20.25 crore from Rajasthan Rajya Vidyut Prasaran Nigam. The orders are for construction of 220KV and 132 KV transmission lines including supply of all equipments/materials, erection, testing and commissioning on supply & ETC basis.