CHALET HOTELS Will fund 133 Cr acquisition of Dukes, Khandala through internal accruals Expect to invest further 50 Cr for room addition and up-gradation Will generate >20% IRR on this investment Will take the Dukes property to 12-15k ARR

SONATA SOFTWARE $160m order from US Consumer Co This is a net new order for Co, not a renewal Revenue recognition will start in April itself Will recognize ~$4m/Qtr revenue from this for 10 years

SBI Chairman Dinesh Khara says, loan growth will sustain around 16-17% Speaks on the possibility of SBI General Insurance listing plan #SBI #StockMarket

GREENLAM IND Danis still hold 7.5% stake in Co after the large trade Promoter did not buy any shares in the block deal New plants will add to revenue by 1700-1800cr over 2-3 yrs Expansion plan on as per schedule Debt to peak at 750-800cr by Q4FY24

CUES FOR TODAY FIIs buy 1015 Cr in Index Futures Nifty Range- Support: 17000-17050 Resistance: 17200-17250

ARVIND SMARTSPACES Will launch a project in the next 7 days Committed to 800-1000 Cr land acquisition even as costs increase Current inventory at 17m sq ft, in the pipeline 8m sq ft. Current revenue potential at 3000-3500 Cr

F&O set up at mid-day 100 Pt recovery from lows on the Nifty Nifty Bank leads charge, at day’s high Call writers active at 17200, could there be a short covering burst by day-end? #StockMarket

TILAKNAGAR IND Currently have debt of 180-190cr Expect to be near debt free in next 18 months FY23 Volumes seen at 9.5-10m cases Volume growth to be in upper teens next year, >1300 Cr revenue Will look at diversifying beyond Brandy in 3-5 years

F&O set up at mid-day Nifty in a tight 100 Pt range, so far Nifty bank holds 200 DMA of 39672 Call writers active 17200, Put Writers at 17100 Broader range seems to have moved higher to 17000-17300 from 16850-17150

Emami +5% in trade today!

GODAWARI POWER Promoters will participate in the buyback 50% of the buyback reserved for retail investors Pellet prices above 10500, higher than Q3 levels Will maintain margins around 18-20% Imp to track the overburden dump at iron ore mine

…and CANFIN HOMES added to this list as well. Appointed Suresh Srinivasan as MD & CEO, he’s a former Bandhan Bk housing finance head. Multiple management changes have been announced in recent times, here’s the list.

V MART Retail People who have been pinched by inflation are gradually returning to stores May see similar growth in Q4 as Q3 @vmartretail #FMCGisLife #StockMarket

F&O update at mid-day Nifty falls from highs, Nifty bank falls more!