In News

Stocks in News

Wipro: The stock will be in focus as the IT services provider has received a multi-year contract to deliver Service integration and management (SIAM) services to HM Treasury (HMT). Wipro and HMT will collaborate to enable end-to-end SIAM services, from strategy, design, and implementation to running business-as-usual services such as day-to-day coordination of service integration across HMT's vendors.

Max Healthcare Institute: HDFC Asset Management Company bought 0.4 percent equity stake in the company via open market transactions on August 16. With this, its shareholding in the company stands increased to 5.18 percent, up from 4.78 percent earlier.

Greenpanel Industries: Rating agency ICRA has upgraded the long term ratings of the company to A+ (stable) and short term ratings to A1+, from A and A1, respectively.

Metropolis Healthcare: Vijender Singh has resigned as the Chief Executive Officer of the company. The company has agreed to release him from the position of CEO from the closing of business hours of August 17.

Talbros Engineering: The company has commenced construction on land acquired admeasuring 2.2 acre in Faridabad for setting up of new production unit.

SecMark Consultancy: The company said the meeting of board of directors is scheduled to be held on August 23 to consider issue of bonus shares to the equity shareholders. The board will also approve the proposal of migration of company from SME platform of BSE to Main Board of BSE Limited as well as listing on the Main Board of National Stock Exchange.

Investorts Meet

Investors Meetings

CG Power and Industrial Solutions: Officials of the company will meet Haitong Securities India.
Pidilite Industries, ONGC, 

Vijay Diagnostic Centre: Officials of the company will attend Edelweiss India Conference 2022 in Singapore.

Samvardhana Motherson International: Officials of the company will attend non-deal roadshows arranged by B&K Securities.

Timken India: Officials of the company will participate in IIFL Caravan in Bangalore.

Indigo Paints: Officials of the company will meet various investors/analysts in London which is organised by Kotak Securities.

MCX India: Officials of the company will meet JP Morgan Asset Management.

Hindware Home Innovation: Officials of the company will meet Sequent Investments.

Asian Paints: Officials of the company will meet Marcellus Investment Managers and participate in UBS India Virtual Consumer Corporate Day.

TeamLease Services: Officials of the company will meet Aquarius, Marcellus Investment, Sephira, AUM Fund Advisors, Bay Capital, IDFC MF, and Nine Rivers Capital.

IIFL Finance: Officials of the company will meet White Oak Capital.

Corporate Actions / Key Results / Ban Stocks

Today's Corporate Action 19th Aug Ex Date

BPCLFinal Dividend - Rs. - 6.0000
GUJGASDividend - Rs. - 2.0000
HAL Final Dividend - Rs. - 10.0000
MARKSANS* Final Dividend - Rs. - 0.2500
ORIENTCQ Final Dividend - Rs. - 7.0000
SUNPHARMA Final Dividend - Rs. - 3.0000
TBZ Final Dividend - Rs. - 1.0000
TIPSINDLTD Final Dividend - Rs. - 2.0000
UCALFUEL Dividend - Rs. - 2.0000

Today's Key Results 19-Aug-22

CG Power and Industrial Solutions: Officials of the company will meet Haitong Securities India. 

Pidilite Industries, ONGC, Vijay Diagnostic Centre: Officials of the company will attend Edelweiss India Conference 2022 in Singapore. 

Samvardhana Motherson International: Officials of the company will attend non-deal roadshows arranged by B&K Securities. 

Timken India: Officials of the company will participate in IIFL Caravan in Bangalore. 

Indigo Paints: Officials of the company will meet various investors/analysts in London which is organised by Kotak Securities. 

MCX India: Officials of the company will meet JP Morgan Asset Management. 

Hindware Home Innovation: Officials of the company will meet Sequent Investments. 

Asian Paints: Officials of the company will meet Marcellus Investment Managers and participate in UBS India Virtual Consumer Corporate Day.

Stock under F&O ban on NSE 19-Aug-22

1 BALRAMCHIN 
2 DELTACORP

Market Movers

Some of the main moves in markets:

Stocks

The S&P 500 rose 0.4% as of 3:19 p.m. New York time
The Nasdaq 100 rose 0.6%
The Dow Jones Industrial Average was little changed
The MSCI World index was little changed

Currencies

The Bloomberg Dollar Spot Index rose 0.6%
The euro fell 0.8% to $1.0097
The British pound fell 0.9% to $1.1942
The Japanese yen fell 0.6% to 135.87 per dollar

Bonds

The yield on 10-year Treasuries declined two basis points to 2.88%
Germany’s 10-year yield advanced two basis points to 1.10%
Britain’s 10-year yield advanced two basis points to 2.31%

Commodities

West Texas Intermediate crude rose 2.8% to $90.61 a barrel
Gold futures fell 0.1% to $1,774.70 an ounce

To Watch For Trading Today

Stocks To Watch 

Sona BLW Precision Forgings: Blackstone to sell 10.87% stake in Sona BLW Precision Forgings in block trade. Upsize option of 1.58 crore shares representing 2.72% stake. Floor price set at Rs 500 apiece, a 7.3% discount on Wednesday’s closing price. The total deal would fetch Blackstone Rs 3,971.7 crore (calculated at floor price). 

ONGC: The company has signed Heads of Agreement with ExxonMobil for deep water exploration in Krishna Godavari and Cauvery Basins in the eastern offshore and the Kutch-Mumbai region in the western offshore. 

Natco Pharma: The company received tentative approval from the U.S. FDA for Trabectedin for Injection (generic for Yondelis) for the 1mg/vial presentation. 

Reliance Industries: Jio adds net 4.22 million mobile subscribers in June: TRAI 

Bharti Airtel Adds net 7,93,132 mobile subscribers in June: TRAI 

Vodafone Idea: Loses net 1.8 million mobile subscribers in June: TRAI 

GAIL India: Approves raising up to Rs 25,000 crore through rupee borrowing and up to $313 crore in foreign currency. 

Kilburn Engineering: RBL Bank sold 2.2 million shares of KEL in two blocks: BSE