Events today
Matrimony.com: Last day to buy to be eligible for buyback
Hindustan Copper plans to raise funds via equity/NCD issuance
REC will study a proposal for a free share issue plan
Maruti Suzuki: Brezza launches in 10 new variants
FnO Monthly Expiry
India to release budget deficit and output data for eight basic industries
AGM
Indian hotels (3 p.m.)
National Bank of Punjab (11 a.m.)
Union Bank of India (11 a.m.)
GHCL (10h)
Cera Sanitary (11:30 a.m.)
Sugar Dwarikesh (11:30 a.m.)
KEC International (2 p.m.)
Sagar cements (15h)
Oil and Gas Updates
Singapore GRMs fell to $20/bbl from $23.6/bbl yesterday
From its recent high of $30.5/bbl – down 34%
Securities transaction
nothing major
DII/FII data
FII sold Rs 851.06 cr net worth of shares on June 29 (prov.)
Net DIIs purchased for Rs 847.46 cr of shares on June 29
FII F&O cash data:
Net sale of index futures Rs 2413 cr
Net index options buy Rs 1503 cr
Net forward purchase on shares Rs 13 cr
Stock options net buy Rs 76 cr
Total net sale of FII Rs 821 cr in F&O
F&O ban
Sun Television
Removed:- Delta Corp
Bundle/Bulk Offer
MTAR Technologies
USHA REDDY sold 2lk shares @ 1250
KAVITHA REDDY sold 2lk shares @ 1250
SEGANTII INDIA MAURITIUS bought 3lk shares @ 1249
HDFC MF bought bought 2lk shares @ 1250
Venus Pipes
New Berry Advisors Sold 118172 @ 329.01
Hikal
Smallcap World Fund INC sold 25,00,000 @ 249.02
Company announcements
Indian oil
Received approval for capacity expansion of Digboi refinery in Assam from 0.65 to 1 MMTPA Estimated cost of Rs.740.20 cr
The project is expected to be commissioned by October 2025
Objective – capacity expansion would improve the profitability of the Digboi refinery
Home First Funding
The company’s long-term bank facilities were changed from A+ (Stable) to AA- (Stable)
LIC
Updates on Intrinsic Value Determination
Said it will take a bit longer and can expect by July 15th
Minda Industries
Acquisition of a 5.24% stake in FRIWO AG, Germany for a cash consideration of €14.99 million.
FRIWO AG is engaged in the manufacture of power supplies, chargers, motor control units and other products.
Wonder Vacations
Signing of an agreement with the Government of Odisha to lease 50 acres of land for the development of an amusement park project
Infosys
$10 million investment in a venture capital firm’s house fund, House Fund III
Objective- Infosys seeks to partner with such startups to complement its organic capabilities and jointly help customers globally transform their businesses
Biocon
Reached an agreement to acquire up to 26% in AMPYR Renewable Energy Resources Eleven Pvt Ltd, SPV formed for the production and supply of solar energy.
Cash consideration Rs 7.50cr
Spandana Sphoorty
The board meets to review the results of Q4FY22 on July 11.
CSB Bank
RBI has approved the extension of Pralay Mondal, Deputy Managing Director as Managing Director and Acting Managing Director of the Bank, for a further period of three months or until the appointment of a Managing Director and Regular Managing Director of the Bank. Bank, whichever comes first.
Other news
Visit of the Exide lithium-ion battery factory: Investec
The JV (Exide as the majority partner with 86% of the capital) has to date invested nearly Rs 250 cr (excluding land) in the assembly plant
Annual peak revenue potential of Rs 1000-1300 cr
Onboarding some branded customers – global commercial vehicle manufacturer and one of the largest 2W electric producers in India
The company is also in discussions with other customers to increase its order book.
The plant is currently operating at 30-40% capacity utilization
Zydus Wellness Mgmt Meeting: BOBCAP Sec
Improved brand awareness and launched 4-5 new products/variants to support double-digit growth
Aims to expand direct distribution coverage from 2.25 million currently to 3.5-4 million by FY25
Goal is to have 8-10% revenue from international operations over the next 4-5 years, up from around 4% in FY22
GST Board Meeting
GST rate on LED lamps, their PCB increased to 18% from 12%
GST rates increased to 12% on solar water heaters and system
GST increased from 12% to 18% on tetra packs
GST reduced from 0.25% to 1.5% on cut/polished diamonds
Council didn’t take GST on crypto
Insiders
| Companies | Category | Number of actions | Activity |
| Tanla Platforms | Director | 1,000 | Bought |
| Brilliant Brothers | promoter | 1,400 | Bought |
| Kovai Medical | promoter | 5,919 | Bought |
| Ms. Bectors Food | Promoting group | 6,000 | Bought |
| Haldyn Glass | promoter | 6,080 | Bought |
| Praveg Communications | Promoting group | 9,433 | Bought |
| Som Distilleries | promoter | 10,000 | Bought |
| NCL Industries | Promoter and director | 15,241 | Bought |
| RBL Bank | Immediate relative | 20,000 | Bought |
| Everready Industries | Director | 50,000 | Bought |
| RBL Bank | Designated person | 52,000 | Bought |
| Finance Manappuram | Promoter & Director | 56,000 | Bought |
| Jindal stainless steel | Promoting group | 423,989 | Bought |
| JSPL | Employee trust | 2,308,679 | Bought |
| Alkylamines | Employee | 200 | Sold |
| Minda Industries | Employee | 516 | Sold |
| Kirloskar Industries | Employee | 720 | Sold |
| Supreme Petro | Designated person | 1,900 | Sold |
| Dr. Lal PathLabs | Designated person | 2,320 | Sold |
| V-Guard Industries | Director | 7,000 | Sold |
| Astral Ltd | Immediate relative | 7,165 | Sold |
| M&Ms | Designated person | 7,900 | Sold |
| Intellectual design | Connected person | 12,000 | Sold |
| Mastek | Designated person | 15,930 | Sold |
| Industry page | promoter | 16,672 | Sold |
| MTAR Technologies | Designated person | 61,855 | Sold |
| Nykaa | Designated person | 92,281 | Sold |
| Sterling and Wilson | promoter | 770 579 | Engaged |
Investor/analyst meeting
Shriram Transport Financial Meeting with Ekagrata Capital Advisers, Citadel International Equities and ICICI Prudential Life on June 29
eMudhra meeting with ALCHEMY LEADERS OF TOMORROW on June 30
Visit of an investor from Aether Industries to the factory on July 5
Salasar Techno Engineering held a meeting with many investors on June 28
Vedanta meeting with GeeCee Holdings, Aspex Management and Sandglass Capital on June 30
Rajratan Global Wire meeting with Motilal Oswal on June 30, B&K on July 1
RBL Bank meeting with Gaja Advisors on June 29
Krsnaa Diagnostics meets with Kotak Mutual Fund, ICICI Prudential Mutual Fund on June 30
Aditya Birla Fashion and Retail meeting with Axis Mutual Fund, Nippon Mutual Fund, Wealth Advisors on June 29
Meghmani Finechem meets Jefferies India on July 1
ICICI Lombard general Insurance meeting with Tata Capital, Avendus Capital on June 29 and Aditya Birla Sun Life on June 28
Aavas Financiers meeting with Capital Group on June 28, Mondrian Investment Partners on June 29
Jindal Steel & Power meeting with Mirae Asset Management on June 29
CSB Bank met with a host of advisors on June 28 and 29
Best Agrolife participated in the call organized by Arihant Capital Market on June 28
Meeting between Mindspace Business Parks REIT and Star Union Daicchi Life Insurance on June 30
Phoenix Mills participated in the call hosted by Kotak Securities on June 29
Latent View Analytics meeting with Franklin Templeton Investments on June 29
Shriram City will meet with East Bridge Advisors on June 30.
NLC India will hold an investor meeting on July 5.
