Events & Expos

Top events to dictate market moves on Thursday


Stock market essentials for December 1

Stock market essentials for December 1 (Representative image)

Photo : IANS

EVENTS

India S&P Global Manufacturing PMI

BOE inflation survey

IPO

Uniparts India Downsized $102M IPO gets 58% demand on first day of sale; offer closes Dec. 2

Dharmaj Crop India IPO Gets 35.5 Times Demand for Shares Offered

Corporate Action

Auto Sales

Paytm to hold first ever physical analyst meet

Easy Trip Planners: Board Meet to consider acquisition

Cosmo First: Board meet to consider a proposal for Buyback of Equity Shares

Orchid Pharma: Board meet to consider raising of funds

Piramal Enterprises: Board to consider raisin funds up to Rs. 50 crs with an option to retain oversubscription up to Rs. 200 crores via issue of NCDs

Satin Creditcare: To consider the fund raising proposal

CARE Ratings: Buyback Tender Offer to Close

Oberoi Realty: EGM to consider purchase of premises from JV

Hero Motocorp: To hike prices from December 1 of its motorcycles and scooters by up to Rs 1,500

Other Events:

India to formally take over G20 presidency from Dec 1, 2022 to Nov 30, 2023

EIA Crude Oil Inventory Report (Post Market)

Jerome Powell to speak about the outlook for the economy and the labour market at a Brookings Institution event (Post Market)

Gujarat Assembly Election 2022

Digital rupee pilot project launching on Dec 1

CCI To Pass Verdict On GST Profiteering Complaints From December 1: Agencies

Oil & Gas Updates

Brent Crude at $85.4/bbl Vs $83/bbl

Singapore GRM at $7.2/bbl Vs $6.8/bbl

Asia Spot Gas prices at $33.3/mmBtu Vs $30.5/mmBtu

FII/DII Data:

FIIs net bought shares worth `9011 cr on Nov 30 (prov)

DIIs net sold shares worth `4056 cr on Nov 30

FII F&O Cash Data:

Index futures net buy Rs 1109 cr

Index options net buy Rs 2475 cr

Stock futures net buy Rs 912 cr

Stock options net sell Rs 21 cr

Total FII net buy Rs 4466 cr in F&O

F&O Ban:

PNB, BHEL, Delta corp, Indiabulls Hsg Fin

Bulk/Block Deal

Integrated Core Strategies sold 10.9Lac shares of ABB India at 2997

Integrated Core Strategies sold 5.84Lac shares of Bajaj Holdings at 6266

IShares Core Emerging Markets Mauritius bought 24.8L shares in Ease My Trip

BNP Paribas sold 72.5Lac shares in Indian Hotels at 322

Govt of Singapore bought 94.7lac shares in Indian Hotels at 322

Integrated Core Strategies sold 1.44cr shares in Indian Hotels at 321

Ashish Kacholia bought 3.97lac shares in Likhitha Infra at 386 a share

Capri Global bought 40lac shares in PC Jeweller at 78.5 a share

Integrated Core Strategies (Asia) Pte. Ltd. Sold 17.35lac shares in Tube Invest at 2766

Govt of Singapore bought 24.7lac shares in TVS at 1048 a share

Integrated Core Strategies (Asia) Pte. Ltd. Sold 39.77lac shares at 1048

Integrated Core Strategies (Asia) Pte. Ltd. Sold 48lac shares of Varun Beverages at 1245

Alipay Singapore sold 26.29cr shares in Zomato at 62 a share

Camas Investments bought 9.8cr shares in Zomato at 61

CORPORATE ANNOUNCEMENT

Wipro launches Wipro Data Intelligence Suite andaccelerates cloud modernization and data monetization, helping companies unlock new business opportunities and realize their digital transformation ambitions

Deccan Gold approved purchase of 44.3% in Geomysore Services for non-cash consideration

Shares and CCDs to be issued as consideration – total consideration (computed) at ~115cr

Board also gave in-principle approval for acquisition of 51% of Kalevala Gold Oy, Finland

Tamiland Mercantile authorized by RBI for undertaking Government Business on behalf of RBI.Bank appointed as an Agency Bank of RBI for undertaking Government Agency Business

PNB hikes MCLR by 5bps across tenors

Central Bank: Alok Srivastava retires as ED from Central Bank

Clariant to take over First Energy 2 Pvt Ltd Renewable energy space

26% stake to comply with regulatory requirement for captive power consumption under India Electricity laws

Cost of acquisition – 3cr

Adani Power

Extends long stop date for transaction with DB Power to 31 Dec

SCI appoints Rajesh Kumar Sinha as Govt Nominee Director

Shalby:Kiritbhai Shah of the promoter group expired

GR Infra approved divestment of 100% stake in WOS – GR Highways Investment Manager Private Limited

Not a material subsidiary. Also, resignation of Mr. Ramesh Chandra Jain, whole time director – no material reason

IDFC SEBI approval for change in control of AIF and PMS

Hatsun Agro Product

Board to meet on Dec.3 to decide terms of rights issue

Right Issue worth Rs 400cr was approved in September

Sanghi Industries

Board to meet on December 3 for raising funds via equity

Shilpa Medicare

Finished dosage form manufacturing facility in Telangana has received Health Canada GMP approval

Will allow the company for the commercial distribution of products in Canada and enable new application submissions to Health Canada

MOIL

Prices of all Ferro grades of manganese ore, fines & chemical grades and above have been decreased by 5%

Oberoi Realty, Godrej Properties, Sunteck Realty

Registration of properties in Mumbai rises 15 pc to 8,756 units in November (Source-Knight Frank)

Registration rises on higher demand despite an increase in interest rates

Highest demand seen from properties between Rs 1-2.5cr bracket

GDP data

July-Sept GDP expands 6.3% YoY vs 8.4% YoY

Jul-Sep GVA growth at 5.6% vs 8.3% YoY

Jul-Sep nominal GDP growth 16.2% vs 19.0% YoY

Jul-Sep farm sector growth 4.6% vs 3.2% YoY

Jul-Sep mining sector growth -2.8% vs 14.5% YoY

Jul-Sep manufacturing sector growth at -4.3% vs 5.6% YoY

Core sector data

Oct coal output rises 3.6% YoY; crude output falls 2.2% YoY

Oct natural gas output falls 4.2% YoY; Petroleum refinery products output falls 3.1%

Oct fertiliser output rises 5.4%; steel output rises 4%

Oct cement output falls 4.3% YoY; electricity output rises 0.4% YoY

Oct eight core industries’ growt at 0.1% vs 7.8 in Sept

Apr-Oct eight core industries’ growth at 8.2% vs 15.6% YoY

Oct core sector growth lowest in 20 months

Finance Minister

Confident that GDP numbers will meet our expectations

Global inflation will persist and pressure our domestic inflation as well

Need to take adequate steps to offset downside external risks

Inflation to be within tolerance band by mid-next year

Exogenous factors have strongly impacted inflation in FY23

Russian oil has given confidence on affordability

India needs to take care of its own interest on oil

Mushrooming cryptocurrencies must be regulated

SEBI

Introduces net settlement of cash, F&O on expiry of stock derivatives

Obligations from cash, physical settlement of F&O segment to be settled on net basis

Current system is to settle cash and F&O separately

US Fed Chairman

Fed will need restrictive policy for `some time’

Rate peak likely `somewhat higher’ than Sept forecasts

Time for moderating hike pace may come as soon as Dec

From agencies

India: IRDAI approves Go Digit’s IPO

India and South Korea sign agreement for EDCF loan to develop Nagpur-Mumbai Super Communication Expressway project

Barry Callebaut Breaks Ground On New Manufacturing Facility In India

British fashion retailer Boohoo partners with India’s Myntra

Fintech lenders align business model with RBI’s digital lending norms

More than half of mobile connections in India to be 5G by 2028, says Ericsson report

The India Container Market is expected to display a steady growth of 2% due to an Increase in Maritime Shipping On Account Of An

India supports UAE’s proposal to include digitization in IMO Strategic Plan: Shipping secy

Diageo India leads industry-first water stewardship initiative in partnership with renewable water technology innovator,

Godfrey Phillips India’s Digital Supply Chain Initiative LEAP Has Gone Live

India’s VC investment in agrifood space jumps over 2x

Heineken sees volumes decline in Europe in 2023

Amazon: Thanksgiving holiday shopping weekend was ‘biggest ever’

Indian Banks Loans to NBFC Businesses Rise to Record

Analyst meet

Suryodaya met Dimensional Securities on 30 Nov

Westlife foodworld to have strategy day with investors and analysts on 1 Dec

Blue Star to meet Phillip Capital’s client, Girik Capital, Spark Capital on 2Dec to 6 Dec

Intellect design met with several investors including East Bridge, Abbakas, MK Ventures, Centrum through Nov

Bharti Airtel to attend Goldman Sachs India CIO Tour 2022 on 1 Dec

TCS to meet several investors including JP Morgan and Invesco in Dec

Harsha Engineers to meet Edelweiss and Motilal on 6 Dec and 8 Dec

HAL to attend “Nuvama Defence Manufacturing: 2020-30 – An Inflexion Point” conference on Monday, the 5th December, 2022

Shriram Transport Finance met Key Square and Nuveen LLC on 30 Nov

MCX met with C Worldwide Asset Management on 25 Nov

Sudarshan Chemicals to meet several investors on 1 Dec

SBI CARD participated in a call with several investors including Phillip Capital and ADIA on 30 Nov

Vedant Fashions to meet several analysts and investors from 2 Dec to 12 Dec

Credit Access Grameen to meet several investors on 1 Dec and 2 Dec

IndusInd bank met with several investors including Amundi, BlackRock, JP Morgan in London on 30 Nov

ICICI Bank attended IIFL’s Invest India conference held (In person) in London on November 29, 2022

ICICI Bank met with several investors at the conference

Brigade Ent to meet IIFL Asset Management at Bangalore on 2 Dec

Bandhan Bank to host Analyst meet for select sell side analysts on Thurs, 1 Dec

Venus Pipes to have meeting with analysts in 1 Dec

RIL attended IIFL Invest India Conference on 29-30 Nov



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