SHORT - TERM CALLs

REPL CMP 190 TGT 204-216 SL 179

DEVIT 126

JTEKT 178

DONEAR 134

*India Daybook – Stocks in News* *TVS Supply Chain Solutions:* Company signs a new 5-year strategic contract with Daimler Truck South East Asia Pte Ltd, a Daimler Truck AG company, for ISCS service in Singapore (Positive) *Waaree Energies:* Company supplies 68 megawatt solar modules to Gensol Engineering for a solar PV project. (Positive) *IOL Chemicals:* Company received CEP certificate for Pantoprazole Sodium Sesquihydrate for alternative process (Process - II). (Positive) *Tube Investment:* Company has entered into a ₹160-crore agreement with South Asia Growth Invest III LLC and South Asia EBT Trust III (Positive) *Raymond:* Company aiming for more significant contribution from real estate and engineering divisions. (Positive) *B L Kashyap and Sons:* Company gets two new orders aggregating to Rs 1,021 crore (Positive) *Indigo:* Citigroup Global buys 31 lakh shares of Indigo for ₹1,362 crore. (Positive) *Railtel:* Company eyes over 30% revenue growth and strong order inflow in FY25 (Positive) *HCL Tech:* Company and Apobank in $278 mn partnership for 7.5 years. (Positive) *TCS:* Company launches new IoT engineering lab in Ohio. (Positive) *Wipro:* Company launches the Lab45 Artificial Intelligence (AI) Platform designed to increase Efficiencies & Transform Business Functions (Positive) *Oracle:* Parent company Oracle reports strong bookings, Open AI partners with Parent company Oracle Cloud Infrastructure for hosting services (Positive) *Go Digit:* Gross Written Premium at ₹ 2,336 cr vs ₹ 1,955 cr in Q4FY23, up 19.5%. (Positive) *Dollar Ind:* To Open 50 Exclusive Brand Outlet across South India by 2027, Aims 50% Sales Growth in South India in 2024-25 (Positive) *ICICI Bank:* NCLAT issues notice to ICICI Bank regarding Jai prakash Associates asking it to consider a one-time settlement. (Neutral) *LTI Mindtree:* Company opens regional headquarters in Riyadh. (Neutral) *Biocon:* Company has approved the appointment of Mr. Mukesh Kamath, Head - Business Finance R&D, as the Interim CFO (Neutral) *Tata Technologies:* Company has deployed SAP S/4 HANA, for Mitsubishi Electric India Pvt. Ltd for digital transformation. (Neutral) *State Bank of India:* Company board has approved raising up to $3 billion via debt in the current financial year.. (Neutral) *Kotak Mahindra Bank:* SBI Mutual Fund has raised its stake in Kotak Mahindra Bank to over 5%, increasing stake to 5.01%. (Neutral) *Castrol India:* Company board appoints Kedar Lele as MD for 5 years w.e.f. November 1. (Neutral) *Zomato:* Apart from its 300 crore investment in Blinkit, Zomato will invest Rs 100 crore in its entertainment division. (Neutral) *Patanjali Foods:* Company clarifies on report of Patanjali Ayurved’s non-food business to be merged with company. (Neutral) *PDS Limited:* Co Says Bottom-line Profit Growth Expected To Be +15% in FY25, GMV Expected To Clock +20% Growth in FY25 (Neutral) *NHPC:* Board of JV National High Power Test Laboratory (NHPTL) approves transfer of 1.31 cr NHPC shares to Power Grid. (Neutral) *IRB Infra:* Ferrovial sells 5% stake in IRB for €214 million (Neutral) *Indigo:* Rahul Bhatia's InterGlobe Enterprises divested a 2% stake in a low-cost airline for ₹3,367.30 crore. (Neutral)

*Economic Calendar – 12.06.2024* *07:00 CHINA CPI y/y (Expected-: 0.4% versus Previous: 0.3%)* *07:00 CHINA PPI y/y (Expected-: -1.5% versus Previous: -2.5%)* 11:30 U.K. GDP m/m (Expected: 0.0% versus Previous: 0.4%) *17:30 INDIA Inflation Rate y/y (Expected: 4.9% versus Previous: 4.8%)* 17:30 INDIA Industrial Production y/y (Expected: 4.6% versus Previous: 4.9%) *18:00 U.S. CPI m/m (Expected: 0.1% versus Previous: 0.1%)* *23:30 U.S. Federal Funds Rate (Expected: 5.50% versus Previous: 5.50%)* *00:00 U.S. FOMC Press Conference*

*News Headlines from Business News Agencies:* *Business Standard* 📝 Ficci appoints Jyoti Vij as new director general with immediate effect 📝 Steel demand expected to grow in range of 9-12% in FY25: Ind-Ra report 📝 IBBI proposes reducing compliance burden, simplifying forms for RPs 📝 Persistent Systems partners with Google Cloud to drive GenAI in key markets 📝 Trade and industry bodies in Rajasthan call for creating solar energy hub 📝 NCLAT asks ICICI to consider OTS proposal in Jaiprakash Associates case 📝 Exports from special economic zones up 4% to $163.69 bn in 2023-24 📝 Tata Motors planning to invest Rs 18,000 cr in EV division till FY30 📝 Micro loans grow 27% in March quarter, stress levels inch up: Report 📝 Daimler India names Muthu Maruthachalam as new chief of ops, logistics 📝 India reports sixth strongest hiring outlook globally in Sept qtr: Survey *Economic Times* 📝 HCLTech, Germany's apoBank extend ties with $278-million deal 📝 OPEC sticks to 2024 oil demand growth forecast, but trims Q1 view 📝 PV sales up in low-digits as growth pace moderated in May: SIAM 📝 Star Health & Allied Insurance plans 15% price hike for two products 📝 India eyes oil deals with nations including Russia, minister says 📝 Waaree Energies supplies 68 MW solar modules to Gensol Engineering 📝 Tyre exports from India recorded at Rs 23,073 cr in FY24 📝 Magenta Mobility joins hands with with Tata Motors, deploys 100 Ace EV 📝 Tata Motors eyes 4-6% increase in passenger vehicle market share over the next 2 to 3 years 📝 MyGate founder Vijay Arisetty joins Aurm as founder and CEO 📝 FIDC urges RBI to relax draft guidelines on infrastructure provisioning *Mint* 📝 SBI says MSME loans will be focal point for growth over next 5 yrs 📝 Berger Paints plans retail expansion to grow in south, west India markets: CEO 📝 Ola Electric gets SEBI nod to launch ₹5,500 crore IPO: Report 📝 VaynerMedia sets up full-service ad agency in Gurugram, lured by India's economy 📝 Zomato to pump ₹300 crore more into quick commerce arm Blinkit 📝 SBI to raise USD 3 billion through debt in FY2025 📝 Warburg Pincus, Multiples PE enter final lap to acquire stake in Ebco 📝 Private credit to real estate, UTI Alternatives embarks on a fundraising spree 📝 Not just Air India, most airlines have a long-haul punctuality problem 📝 India's semiconductor industry to face 300,000 professionals shortage by 2027 📝 RBI rejects reappointment of RK Bansal as Edelweiss ARC chief

*Securities in F&O Ban For Trade Date 12-June-2024* * BALRAMPUR * GMRINFRA * HINDCOPPER * INDIACEM * SAIL * ZEEL

*India Daybook – Stocks in News* *TVS Supply Chain Solutions:* Company signs a new 5-year strategic contract with Daimler Truck South East Asia Pte Ltd, a Daimler Truck AG company, for ISCS service in Singapore (Positive) *Waaree Energies:* Company supplies 68 megawatt solar modules to Gensol Engineering for a solar PV project. (Positive) *IOL Chemicals:* Company received CEP certificate for Pantoprazole Sodium Sesquihydrate for alternative process (Process - II). (Positive) *Tube Investment:* Company has entered into a ₹160-crore agreement with South Asia Growth Invest III LLC and South Asia EBT Trust III (Positive) *Raymond:* Company aiming for more significant contribution from real estate and engineering divisions. (Positive) *B L Kashyap and Sons:* Company gets two new orders aggregating to Rs 1,021 crore (Positive) *Indigo:* Citigroup Global buys 31 lakh shares of Indigo for ₹1,362 crore. (Positive) *Railtel:* Company eyes over 30% revenue growth and strong order inflow in FY25 (Positive) *HCL Tech:* Company and Apobank in $278 mn partnership for 7.5 years. (Positive) *TCS:* Company launches new IoT engineering lab in Ohio. (Positive) *Wipro:* Company launches the Lab45 Artificial Intelligence (AI) Platform designed to increase Efficiencies & Transform Business Functions (Positive) *Oracle:* Parent company Oracle reports strong bookings, Open AI partners with Parent company Oracle Cloud Infrastructure for hosting services (Positive) *Go Digit:* Gross Written Premium at ₹ 2,336 cr vs ₹ 1,955 cr in Q4FY23, up 19.5%. (Positive) *Dollar Ind:* To Open 50 Exclusive Brand Outlet across South India by 2027, Aims 50% Sales Growth in South India in 2024-25 (Positive) *ICICI Bank:* NCLAT issues notice to ICICI Bank regarding Jai prakash Associates asking it to consider a one-time settlement. (Neutral) *LTI Mindtree:* Company opens regional headquarters in Riyadh. (Neutral) *Biocon:* Company has approved the appointment of Mr. Mukesh Kamath, Head - Business Finance R&D, as the Interim CFO (Neutral) *Tata Technologies:* Company has deployed SAP S/4 HANA, for Mitsubishi Electric India Pvt. Ltd for digital transformation. (Neutral) *State Bank of India:* Company board has approved raising up to $3 billion via debt in the current financial year.. (Neutral) *Kotak Mahindra Bank:* SBI Mutual Fund has raised its stake in Kotak Mahindra Bank to over 5%, increasing stake to 5.01%. (Neutral) *Castrol India:* Company board appoints Kedar Lele as MD for 5 years w.e.f. November 1. (Neutral) *Zomato:* Apart from its 300 crore investment in Blinkit, Zomato will invest Rs 100 crore in its entertainment division. (Neutral) *Patanjali Foods:* Company clarifies on report of Patanjali Ayurved’s non-food business to be merged with company. (Neutral) *PDS Limited:* Co Says Bottom-line Profit Growth Expected To Be +15% in FY25, GMV Expected To Clock +20% Growth in FY25 (Neutral) *NHPC:* Board of JV National High Power Test Laboratory (NHPTL) approves transfer of 1.31 cr NHPC shares to Power Grid. (Neutral) *IRB Infra:* Ferrovial sells 5% stake in IRB for €214 million (Neutral) *Indigo:* Rahul Bhatia's InterGlobe Enterprises divested a 2% stake in a low-cost airline for ₹3,367.30 crore. (Neutral)

*China Macro Update* China May CPI Up 0.3% YoY Vs Est Of 0.4% Rise China May Producer Prices Fall 1.4% YoY Vs Est Of 1.5% Decline (Data majorly inline with estimates)