INSUBCONTINENT EXCLUSIVE:
Nifty futures on the Singapore Exchange traded 29.50 points, or 0.24 per cent, higher at 12,156.50, indicating a positive start for Dalal
Finance Corporation, PI Industries, IPCA Labs, Torrent Power, VIP Industries and Natco Pharma are among a few companies which will report
their quarterly results today.
IDBI Bank: A one-time tax hit of Rs 6,273 crore has left IDBI Bank deep into the red for the 13th consecutive
quarter with a net loss of Rs 5,763 crore for the three months to December 2019.
SPARC: Sun Pharma Advanced Research Company (SPARC) said
the US health regulator has not approved its new drug application for Taclantis, its under development product for treatment of breast
cancer.
Allahabad Bank: The bank reported an over two-fold jump in standalone net loss for the December quarter at Rs 1,986.26 crore on
higher bad loans and provisioning
The state-owned lender had reported a net loss of Rs 732.81 crore in the corresponding October-December period of the previous fiscal.
Ircon
International: The leading turnkey construction company reported 52.5 per cent rise in consolidated net profit to Rs 142.43 crore for the
quarter ended December 31.The company had posted consolidated of Rs 93.39 crore in the year-ago period, Ircon International said in a BSE
filing.
Titan Company: The company has acquired Hyderabad-based technology firm HUG Innovations for an undisclosed amount as it looks to
stable due to further deterioration in its asset quality, but affirmed its domestic and foreign currency issuer ratings at Baa3.
Bandhan
Bank: The bank's weight in the MSCI India Index is likely to go up by 32 basis points in its next rejig due to an increase in free float,
which could trigger an inflow of about ?700 crore from overseas passive funds, Morgan Stanley said
located in the mine-rich Korba area in Chhattisgarh after it was admitted for insolvency proceedings by the National Company Law Tribunal
last year.
Tata Power: The Subhash Chandra-led Essel Group is in talks with Adani Transmission and Tata Power to sell its under-construction
Warora-Kurnool transmission line in an attempt to lower debt.
IRB Infrastructure Developers: The company is slated to win the contract for
operating and collecting toll at Mumbai-Pune Expressway for a decade, after it emerged as the only player in the race.
Adani Transmission: A
power transmission unit of billionaire Gautam Adani plans to raise up to $1billion in bond sale, which is likely to be launched in the first
month of the next fiscal as it plans to reduce its cost of borrowing.
Hexaware Technologies: The IT firm said its net profit increased 35.9
per cent to Rs 167.8 crore in December 2019 quarter from Rs 123.4 crore in the year-ago period.
Indian Energy Exchange (IEX): The company
has seen a 50% rebound in volumes after an extended run of the annual monsoon rains, federal elections and weak core industry demand dented
The speculation is that Piramal may tie-up with a large telecom player in an attempt to aggressively push its digital consumer lending
business.
Ballarpur Industries: Paper and paper products manufacturer Ballarpur Industries on Tuesday reported a consolidated net loss of Rs
766.12 crore in the third quarter ended December
The company had posted a consolidated net loss of Rs 152.23 crore in the third quarter last fiscal, Ballarpur Industries Ltd (BILT) said in
a regulatory filing.
CESC: RP Sanjiv Goenka Group flagship company CESC Ltd on Tuesday reported a consolidated net profit of Rs 263 crore
for the quarter ended December, registering a 10-per cent on-year rise in the bottomline.
Adani Enterprises: The company said its arm AAHL
has incorporated three wholly-owned subsidiaries -- VSSL, GMSL and PISL.
Jindal Stainless: Jindal Stainless reported a 15.85 per cent
increase in consolidated net profit at Rs 51.81 crore for the quarter ended December, mainly on account of reduced material and finance
The company had posted consolidated net loss of Rs 11 lakh in the same period last fiscal, Spencer's Retail said in a regulatory
filing.
Crisil: The rating firm reported a decline of 16.3 per cent in net profit to Rs 95.3 crore for the fourth quarter ended December 31
It had posted a net profit of Rs 113.8 crore in October-December quarter of the previous fiscal
The company follows January-December financial year.
Coal India: The Centre has offloaded 2.91 per cent stake in Coal India through the
sixth further fund offer of CPSE ETF Mutual Fund scheme
The mining major on Tuesday reported a 14-per cent year-on-year decline in consolidated net profit for the December quarter at Rs 3,921.8
crore.
Syndicate Bank: The bank said its net profit in December quarter 2019 grew manifold to Rs 434.82 crore as bad loans shrank
The public sector lender had registered a profit of Rs 107.99 crore in the year-ago period.
NCL India: The company posted 14.7 per cent rise
in consolidated profit to Rs 400.15 crore for the quarter ended December 31, 2019
The company had posted a consolidated profit of Rs 348.74 crore in the year-ago period, NLC India said in a BSE filing.
BASF India: The
chemicals maker said its net loss narrowed to Rs 32.38 crore during the third quarter of the 2019-20 fiscal mainly driven by higher
income.The company has posted a net loss of Rs 38.37 crore during the October-December quarter of the 2018-19 fiscal, the company said in a
regulatory filing.
RCF: State-owned Rashtriya Chemicals and Fertilizers (RCF) posted 70 per cent jump in consolidated net profit to Rs 78.42
crore for the third quarter this fiscal on lower expense and tax refund
The company had clocked a net profit of Rs 46.14 crore during the October-December quarter of the 2018-19, according to a regulatory
filing.
Insider Buys:Dhampur Sugar Mills Limited: Gaurav Goel has bought 105,525 shares through Off Market on Feb 7, 2020.Dhampur Sugar
Mills Limited: Ishira Goel has bought 105,525 shares through Off Market on Feb 7, 2020.HSIL Limited: Somany Impresa Limited (Formerly Paco
Exports Limited) has bought 802,920 shares through Market Purchase on Feb 7, 2020.KRBL Limited: Anil Mittal Family Trust, Th
Its Trustee Anil Kumar Mittal has bought 21,000 shares through Market Purchase from Feb 7, 2020 to Feb 10, 2020.KRBL Limited: Arun Kumar
Its Trustee Arun Kumar Gupta has bought 21,000 shares through Market Purchase from Feb 7, 2020 to Feb 10, 2020.KRBL Limited: Binita Gupta
Its Trustee Anoop Kumar Gupta has bought 21,000 shares through Market Purchase from Feb 7, 2020 to Feb 10, 2020.Steel Strips Wheels Limited:
Sunena Garg has bought 15,751 shares through Market Purchase on Feb 7, 2020.Insider Sells:Dhampur Sugar Mills Limited: Ashok Kumar Goel Huf
has sold 211,050 shares through Off Market on Feb 7, 2020.ITC Limited: H.N
Rama Prasad has sold 40,000 shares through Market Sale from Feb 4, 2020 to Feb 5, 2020.L-T Finance Holdings Limited: Dinanath Dubhashi has
sold 200,000 shares through Market Sale from Feb 5, 2020 to Feb 10, 2020.L-T Finance Holdings Limited: Kailash Kulkarni has sold 35,000
shares through Market Sale on Feb 6, 2020.L-T Finance Holdings Limited: Kedar Prabhudesai has sold 132,001 shares through Market Sale on Feb
7, 2020.Manappuram Finance Limited: Vipul R
Patel has sold 15,000 shares through Inter-se-Transfer on Feb 6, 2020.Pidilite Industries Limited: Rashmikant H
Parekh has sold 22,274 shares through Market Sale on Feb 6, 2020.PVR Limited: Kamal Gianchandani has sold 22,171 shares through Market Sale
on Feb 7, 2020.Tech Mahindra Limited: Manoj Bhat has sold 25,000 shares through Market Sale on Feb 7, 2020.Note: Disclosure made under Reg
13(4), 13(4a) of SEBI (IT) regulations 1992.
Bulk and Block DealsBlg TickersDateCompany NameAcquirer/SellerBuy /SellQty
TradedPriceASTRON11-Feb-20Astron Paper - Board Mill LimitedParikh Bharatbhai Suresh HufBuy250,00040.00BVCL11-Feb-20Barak Valley Cements
LtdBina GarodiaBuy200,00012.90BVCL11-Feb-20Barak Valley Cements LtdBijay Kumar GarodiaSell200,00012.90CIFL11-Feb-20Capital India Finance
LtdDharampal Satyapal LimitedBuy1,300,000140.00CIFL11-Feb-20Capital India Finance LtdDs Chewing Products
LlpSell1,300,000140.00GREENP11-Feb-20Greenpanel Industries LimitedHdfc Mutual FundSell1,101,00055.01HSI11-Feb-20HSIL LIMITEDPaco Exports
LtdBuy454,49953.31IHFL11-Feb-20Indiabulls Housing Finance LimitedTower Research Capital Markets India Private
LimitedSell157,692348.68JANUS11-Feb-20Janus Corporation LimitedJagannath International P LtdBuy72,00046.71JUST11-Feb-20Just Dial LimitedNew
York State Common Retirement FundSell354,938506.84LKP11-Feb-20LKP Finance LtdNew Berry Advisors LtdBuy249,90089.70LKP11-Feb-20LKP Finance
LtdAuthum Investment - Infrastructure LimitedSell294,61489.75PARAG11-Feb-20Parag Milk Foods LimitedReligare Invesco Asset Management Company
Private LimitedSell1,264,068101.00POKR11-Feb-20Pokarna LtdSuresh Bhatia AssociatesBuy189,25486.15POKR11-Feb-20Pokarna LtdBhatia Suresh
HufSell189,25486.15REFX11-Feb-20Refex Industries LimitedM.c.parikh-hufBuy89,24762.17SKSTEX11-Feb-20S K S Textiles LimitedApurv Yogeshkumar
ShahBuy86,00041.25SKSTEX11-Feb-20S K S Textiles LimitedOverskud Multi Asset Management Private LimitedSell106,00041.25SPSF11-Feb-20SPS
Finquest LimitedMunish FinancialBuy40,000146.00SPSF11-Feb-20SPS Finquest LimitedNcm International Private
LimitedSell38,400146.00SHUBHAM11-Feb-20Shubham Polyspin LimitedGoenka Business - Finance LimitedBuy57,00087.00SHUBHAM11-Feb-20Shubham
Polyspin LimitedBipinkumar Khodidas NadiyaSell57,00087.00SOBHA11-Feb-20Sobha LimitedInvesco Asian Equity
FundBuy512,090398.05SOBHA11-Feb-20Sobha LimitedInvesco Smaller Companies And Markets Investment
SeriesSell493,751398.25TEJASNET11-Feb-20Tejas Networks LimitedRussell Investment Company Emerging Markets
FundSell500,82877.17TRID11-Feb-20Trident Ltd.Trident Group LimitedBuy45,000,0005.95TRID11-Feb-20Trident Ltd.Madhuraj
FoundationSell45,000,0005.95Note:Insider Buy/Sell is as defined by SEBI InsiderTrading Regulations, 1992 Bulk Deal is defined as any trade
in which quantity transacted is more then 0.5% of the companies equity shares listed on the exchanges
The above mentioned data is not completely Extensive as relatively smaller trades have been excluded
(Edelweiss Alternative Research)