
Assistant Editor at https://t.co/We2vnSauM0, Network18; Ex Associate Head-Research at Bloomberg Quint, IIFL. Views are personal
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Adani group says- timing of report’s publication betrays a brazen, mala fide intention to undermine Adani's reputation with the principal objective of damaging the upcoming Follow-on Public Offering from Adani Enterprises, the biggest FPO ever in India #Hindenburg #Adani
Interesting timing of the Story! Adani Enterprises' FPO Anchor Book oversubscribed: Bloomberg. Hindengur Says- Adani Group: How The World’s 3rd Richest Man Is Pulling The Largest Con In Corporate History Response from Adani Group is awaited
Key highlights from Porinju -Like Sula Vineyards in the recent listed space -See value in Restaurant Brand Asia- which operates in Burger King -Wouldn’t prefer Mamaearth or OYO IPO Investment in Leel Electricals was very painful
Jspl sends EOI to Steel exchange India Visakhapatnam-headquartered SEIL’s present capacity of 0.3Mtpa scalable to 1mtpa can derive ebitda of Rs 500-600 crore
Do you know? Nifty delivered 7th consecutive year of positive returns in CY2022. Four stocks outperformed Nifty-50 in six out of seven years – Reliance Industries, Bajaj Finance, Adani Enterprises, and JSW Steel. #MarketsMojo #markets
*GST Rate for Ethyl Alcohol or Biofuel- supplied to refineries for blending with motor spirit (petrol) is reduced from 18% to 5%.* Praj ind., Balrampur Chini , EID Parry, Renuka & other sugar stocks may move up. Praj likely to be 🚀🚀
Max India: Ace investor Porinju Veliyath bought 2.3 lakh shares, nearly 0.5% stake via open market transactions. These shares bought at an average price of Rs 100.31 per share.
Did you know- Dalmia- Jaypee deal is the cheapest in the cement space since 2016. Lack of clarity on scalability, capex and low utilisation weighs on valuation.
Dalmia Bharat Signing of Framework Agreement with Jaiprakash Associates This will be for Enterprise Value of Rs 5,666 Cr Dalmia Bharat vision to emerge as a Pan India Cement ; capacity of 75 MnT by FY27 and 110‐130 MnT by FY31
Jaiprakash Associates & Jaiprakash Power Ventures up 10% Dalmia Bharat has lost some gains since morning; but is still trading higher by more than 1%
Adani in a statement already has denied the development. Dalmia Cement highlights an important event for December 12, 2022. Connecting Dots- Jaypee and Dalmia deal likely
Adani Group's flagship company, Adani Enterprises, has clarified that it is 'not evaluating' the possibility of acquiring Jaypee Group's cement business. Bloomberg has previously reported that Adani was in 'advanced talks' to acquire the 10Mt/yr-capacity business for US$606m.
THIS IS HUGE! After Vedanta now Tata to foray into Semiconductor business
Siemens stock trade higher 5%
The Reserve Bank's rate-setting panel has hiked lending rate by 35 basis points as inflation has started showing signs of easing and economic growth tapering. RBI has hiked key lending rate by 50 basis points thrice since June over and above an off-cycle 40 bps repo rise in May
Stocks to watch: RBI MPC Outcome ( banking stocks to be in focus) Infosys Buyback to open Bikajifoods Q2 : Rev up 32% YoY Cement companies to undertake hike by Rs 10-15 per bag in December
Price of Brent crude oil falls below $80 for first time since January!
*CLSA upgrades Voltas to Outperform from SELL* -Believes sharp underperformance ytd and negatives have been priced in -Industry margins should recover from multi year lows on softening of commodity prices
Banking stocks in focus on Monday RBI's Monetary Policy Committee (MPC) is scheduled during December 5-7, 2022. ICICI bank analyst day- inputs to flow

Assistant Editor at https://t.co/We2vnSauM0, Network18; Ex Associate Head-Research at Bloomberg Quint, IIFL. Views are personal
Followers: 10,270