Hyper Trade SB

🔰Good Morning Traders ☀️

🔰INDEX PREMIUM GROUP : trade all targets achieved

9 to consider issuing equity shares on a preferential basis. Dixon: Following a preliminary agreement in July, Dixon Tech signed a definitive share subscription and purchase agreement to officially acquire a 51% stake in Kunshan Q Tech Microelectronics (India). The action is a key step towards completing the deal, which was initially announced via a binding term sheet. Vikram Solar: The company's promoters initially pledged 30% of their pre-IPO shares to secure a working capital loan. The shares were temporarily unpledged to meet the lock-in requirements stipulated by SEBI for IPO. Following the IPO, a portion of these shares, constituting 26.25% of the post-IPO share capital, was re-pledged to the same lenders. ISGEC Heavy: Re-designated Kishore Chatnani and Sanjay Gulati as joint managing directors effective Oct. 1. Bombay Dyeing: The company appointed Rohit Santhosh as chief executive officer of Bombay Realty. Ex-Dividend: NCL Industries, Jamna Auto, GMDC, Goodluck India, Venus Pipes, Shakti Pumps, Quality Power, Hindustan Copper. Ex-Stock Split: Zydus Wellness (From 10/sh to Rs 2/sh) F&O Cues Nifty September futures open interest down by 3.4%. Nifty Options 23 September Expiry: Maximum Call open interest at 26,000 and Maximum Put open interest at 25,200. Securities in Ban Period: Angelone, OFSS, RBL Bank. Results Today Diligent Media Corporation Ltd.

Stocks To Watch Marico: Certain officials of the Income Tax department visited some of the company’s offices and manufacturing units in India. The company further added that the proceedings are underway, and it is extending full cooperation to the officials. The FMCG company further added that there will be no material impact on business operations. Cohance Lifesciences: Jusmiral Holdings to sell 1.9 crore shares, representing 5.1% stake worth about Rs 1,756.2 crore. The floor price has been fixed at Rs 900 per share, a 6.9% discount to the last current market price. IIFL Capital Services is the sole broker. Kansai Nerolac: The company received a penalty of Rs 1.68 crore from the Income Tax Department. Sagility India: Name of the company to be changed to Sagility effective Sept. 22. Zinka Logistics: The name of the company is to be changed to Blackbuck effective Sept. 22. Biocon: Arm Biocon Biologics receives USFDA approval for Bosaya and Aukelso. Bosaya is used for the treatment of postmenopausal women with osteoporosis and Aukelso is used for prevention of skeletal-related events in patients with multiple myeloma. Cochin Shipyard: The company signed an agreement with ONGC for dry dock/ major lay-up repairs of jack up rig. The estimated contract value is around Rs 200 crore. TVS Motor: The company launched TVS King Deluxe Plus CNG 3-Wheeler in Tanzania. Allied Blenders and Distillers: The company’s supreme court appeal was disposed of. The trial court directed to conclude the pending suit and counterclaim within six months. JK Tyre: The company revised GST Demand of Rs 8.18 crore. Muthoot Microfin: The board approved raising up to Rs 75 crore via NCDs on private placement basis. Bandhan Bank: The bank sells 15.39 crore shares of Yes Bank at Rs 21.5 per share to SMBC. The stake in Yes Bank reduced to 0.21% from 0.7%. Lodha Developers: The company to refer Rajendra Lodha resignation matter to authorities for investigation. Rajendra Lodha resigned as director on Aug. 17. Federal Bank: The bank sells 16.62 crore shares of Yes Bank at Rs 21.5 per share to Sumitomo Mitsui Banking Corp. Rashtriya Chemicals: The board is to meet on Sept. 25 to consider issuance of NCDs worth Rs 400 crore on a private placement basis. Railtel Corp: The company received Rs 106 crore order for the procurement, supply and installation of smart classrooms from Bihar Education Body. Shree Digvijay Cement: The company appointed Axis Capital as a manager for open offer. The offer is for acquisition of up to 3.85 crore shares of the company, which represents 26% of company's expanded share capital. Bajaj Finserv: The company has ambitious financial and operational targets for 2029. It expects its total income to increase by 20-22%, reaching Rs 3 lakh crore. Concurrently, its profit is projected to grow by 18-22%, hitting Rs 20,000 crores. The company also aims to significantly expand its customer base, anticipating a 15-17% rise to 20 crore customers by 2029. These projections reflect a strong focus on both revenue growth and profitability, supported by a substantial increase in its customer base. Aavas Financiers: The company approved raising up to Rs 8,500 crore via NCDs on a private placement basis. Cera Sanitaryware: The company is currently in the process of divesting its stake in joint venture partner Shreeyam Ceramic LLP. MOIL: The company started exports of Manganese Ore as State Trading Enterprise. Apar Industries: Name of arm changed to Apar USA LLC from CEMA Wires & Cables LLC. Poonawalla Fincorp: The board approved the allotment of 3.3 crore shares worth nearly Rs 1,500 crore to promoter Rising Sun. Escorts Kubota: Introduces new combine harvester in Punjab and Haryana. Indosolar: Promoter Waaree Energies to sell up to 61 lakh shares representing 14.66% stake via OFS on Sept. 18 and 19. The floor price was set at Rs 500 per share. JSW Steel: The company in a definitive document to acquire additional economic Interest in M Res NSW for $60 million. Knowledge Marine: The company's board will meet on Oct.

🔰Good Morning Traders ☀️

Tata Communicators: The company’s non-operating arm in the Netherlands has undergone winding up & has been liquidated. Angel One: The company incorporated the associate company Angel one Livwell Life Insurance. Globe Civil: The company received a letter of intent for the project worth Rs 13.1 crore for construction of sports complex at NIT Delhi. Maharashtra Seamless: CCI conducts inquiry at the company’s New Delhi and Gurgaon offices from Sept. 15-16. Mangal Electrical Industries: The company appointed Ramkishan Bairwa as chief operating officer. Insolation Energy: The company incorporated a step-down arm NRJG Green Infra as a special purpose vehicle to set up solar power plants. Pidilite Industries: The company set Sept. 23 as a record date for bonus issues. NLC India: The company received letter of intent from Chhattisgarh Government for Semhardih and Raipura Phosphorite and Limestone blocks. Railtel Corp: The company received a letter of acceptance for an order worth Rs 57.5 crore from Bihar Educational Infrastructure Development Corp. Roto Pumps: The company received Rs 7.25 crore order from GPS Renewables. Ex-Dividend: Shilpa Medicare, Zuari Industries, Ashapura Minechem, Rites, Carysil, Garware Hi-Tech films, KRBL, Heranba Industries. F&O Cues Nifty September futures open interest down by 3.4%. Nifty Options Sept. 23 Expiry: Maximum Call open interest at 26,000 and Maximum Put open interest at 25,200. Securities in Ban Period: Angelone, HFCL, OFSS, RBL Bank. Results Today State Trading Corporation of India

Stocks To Watch Gujarat Fluorochemicals: Promoter Devansh Trademart sells up to 13 lakh shares at an offer price of Rs 3,500 apiece, 5.3% discount to the current market price as per the sources told to NDTV Profit. Jindal Steel: The company offers to buy Thyssenkrupp Steel Europe. Lupin: USFDA ends the inspection at Nagpur facility with 6 observations. USFDA conducted an inspection at Nagpur facility from Sept. 8-16. Amber Enterprises: The company opens a QIP issue of Rs 1,200 crore, approves floor price of Rs 7,790.88 per share. The floor price is at a discount of 6% of the last current market price. Avantel: The company received a purchase order worth Rs.9.92 crore for the supply of Satcom Products from Garden Reach Shipbuilders. TVS Holdings: The board is to meet on Sept. 22 to consider issuance of cumulative non-convertible redeemable preference shares via bonus. Bluedart: Arm received show cause notice for demand worth Rs 420 crore from the commissioner of GST & Central Excise. Show Cause Notice demands recovery of Tax Dues from April 2021 to March 2023. Tech Mahindra: LIC raises stake in the company to 10.84% from 8.84% via market purchases. Bharat Electronics: The company received additional orders worth Rs 712 crore since last disclosure on Sept. 1. Mahindra Lifespace Developers: The company has been chosen as a partner for redevelopment projects of two housing societies in Chembur, Mumbai. The redevelopment project offers gross development potential of Rs 1,700 crore. Ashapura Minechem: Overseas arm executed a long-term agreement with the china railway to jointly develop Boffa bauxite deposit in Guinea. China Railway will support Ashapura in its mining operations, local logistics and port handling & infrastructure services. Procter and Gamble Health: The company appointed Shashank Srowthy as executive director and chief financial officer effective Oct. 1. Lokesh Chandak resigned as a director and chief financial officer. Dr Reddy's Laboratories: The company launched Novel Molecule Tegoprazan in India. Tegoprazan is a novel patented molecule for Acid-Related gastrointestinal diseases. Coal India: The company was declared as preferred bidder by the Ministry of Mines for Ontillu-Chandragiri rare earth element exploration block. Nectar Lifesciences: The purchaser mutually agrees with the company to extend expected completion date of slump sale to or before Oct. 20, 2025. HCLTech: The company launched AI-First Martech Platform HCL Unica+ In India. Premier Explosives: Telangana Pollution Control board revokes closure order for the company’s factory in Telangana. Telangana Pollution Control Board approved the resumption of production activities. One Mobikwik: In a recent incident on Sept. 11 and 12, some registered merchants and users in Haryana colluded to claim unauthorized monetary settlements from the company. In response, a legal enforcement agency proactively placed a debit freeze on and a lien mark on all bank accounts where the unauthorized funds were credited. The estimated net impact is Rs 26 crore, and the company is actively working to recover these amounts. Thermax: Fortmax Chemicals India ceases to be wholly owned step-down arm. SJS Enterprises: The company signed an agreement with Hong Kong’s BOE Varitronix to collaborate for manufacture of automotive displays in India. Krystal Integrated: The company received a Rs 168 crore sanitation services contract from the director of medical education in Andhra Pradesh. Piramal Enterprises: The company merged with Piramal Finance and dissolved without being wound up. Quality Power: The company received Rs 11.5 crore order for the supply of reactors for STATCOM project. Akzo Nobel: CCI approves JSW Paints acquisition of up to 75% shareholding in Akzo Nobel India. Vedanta: NCLAT sets aside NCLT order rejecting Talwandi Sabo demerger scheme. Authum Investment: The company is in an investment agreement with Serovia Pharma to subscribe to 18.95 lakh compulsorily convertible preference shares in Serovia Pharma by investing nearly Rs 300 crore.