सेंसेक्स 118 पॉइंट की गिरावट के साथ 55953 पर, निफ्टी 16690 के नीचे; एक्सिस बैंक और ICICI बैंक में तेजी

 हफ्ते के पहले कारोबारी दिन सोमवार को भारतीय शेयर मार्केट में गिरावट देखी जा रही है। सेंसेक्स 118.64 अंक या 0.21% गिरकर 55953.59 पर और निफ्टी 29.60 अंक या 0.18% नीचे गिरकर 16689.90 पर कारोबार कर रहा है।

आज एक्सिस बैंक, टाटा स्टील और टेक महिंद्रा के रिजल्ट आएंगे

आज एक्सिस बैंक, टाटा स्टील और टेक महिंद्रा के जून तिमाही के रिजल्ट आएंगे। इनके अलावा केनरा बैंक, मैक्रोटेक डेवलपर्स, केपीआईटी टेक्नोलॉजीज, अनुपम रसायन, सेंट्रल बैंक ऑफ इंडिया, सेंचुरी टेक्सटाइल्स, चेन्नई पेट्रोलियम, क्राफ्ट्समैन ऑटोमेशन, आईईएक्स, तत्व चिंतन, तेजस नेटवर्क के भी रिजल्ट आज आएंगे।

अमेरिकी बाजारों में गिरावट

शुक्रवार को अमेरिकी बाजारों में गिरावट के बाद स्टॉक फ्यूचर्स भी कमजोर नजर आए। शुक्रवार को डाउ जोन्स में 137.61 अंकों या 0.43% गिरावट रही और यह 31,899.29 के लेवल पर बंद हुआ। S&P 500 इंडेक्स में 0.93% कमजोरी देखने को मिली और  यह 3,961.63 के लेवल पर बंद हुआ। जबकि नैस्डैक में 1.87% गिरावट रही और यह 11,834.11 के लेवल पर बंद हुआ। अमेरिका में अर्निंग सीजन अब तक उम्मीद से कमजोर रहा है, जिससे मार्केट सेंटीमेंट कमजोर हुए हैं। वहीं महंगाई और रेट हाइक साइकिल नेमंदी की आशंका पैदा कर दी है।

FII और DII डेटा

NSE से मिले डेटा के मुताबिक, फॉरेन इंस्टीट्यूट इन्वेस्टर्स (FII) के पास 675.45 करोड़ रुपए के शेयर बेचे हैं, जबकि डोमेस्टिक इंस्टीट्यूट इन्वेस्टर्स (DII) ने 22 जुलाई को 739.38 करोड़ रुपए के शेयर खरीदे।

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Trade setup for Tuesday, 19th July 2022: Key things to know before Opening Bell today

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India

Nifty has a strong support placed around 15,950 – 16,000 zones while on the upside resistance is placed around 16,500 – 16,580 zones, as per analysts

Sensex, Nifty rose more than 1% to hit their highest in over a month on Monday as investors scooped up beaten-down technology and metal stocks, while the rupee plumbed new lows against the dollar earlier in the session. Sensex rallied 760 points to settle at 54,521. The Nifty advanced 1.4% to 16,278.

Global market cues

Asian shares were subdued Tuesday as Japan’s bourse struggled for traction while South Korea and Australia dipped.  On the other hand, Wall Street stocks fell Monday after an early rally petered out following a report that Apple plans to trim spending and hiring.

SGX Nifty 

SGX Nifty indicates a lower start to the Indian stock market on Tuesday. Singapore Nifty (SGX Nifty) is the Indian Nifty that is traded in Singapore Stock Exchange and is considered to be the first indication of the Indian markets opening.

Nifty Technical Outlook

“Volatility index India VIX lost 2.5% on Monday and ended at 17.16. The BSE Sensex added 760 points and finished Monday’s session at 54521. Nifty has surpassed its crucial resistance zone of 16,200 – 16,250 on Monday and registered its highest closing since 9 June. On the lower side, Nifty has a strong support placed around 15,950 – 16,000 zones while on the upside resistance is placed around 16,500 – 16,580 zones," said Chinmay Barwe, Head - Technical & Derivative Research at Profitmart Securities.

“The Nifty is currently placed at the key overhead resistance of previous opening downside gap of 13 June and also last swing high of around 16,200-16,300 levels. A sustainable move above this area could pull Nifty towards further swing highs," said Nagaraj Shetti, Technical Research Analyst, HDFC Securities

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Dr. Reddy’s surges on inking pact to acquire select business divisions of Wockhardt

Dr. Reddys Laboratories is currently trading at Rs. 3218.75, up by 21.20 points or 0.66% from its previous closing of Rs. 3197.55 on the BSE.

The scrip opened at Rs. 3220.00 and has touched a high and low of Rs. 3238.85 and Rs. 3200.00 respectively. So far 11347 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 3276.00 on 04-Feb-2020 and a 52 week low of Rs. 2065.30 on 15-Feb-2019.

Last one week high and low of the scrip stood at Rs. 3212.75 and Rs. 3115.00 respectively. The current market cap of the company is Rs. 53604.23 crore.

The promoters holding in the company stood at 26.76%, while Institutions and Non-Institutions held 45.14% and 13.80% respectively.

Dr. Reddy’s Laboratories has entered into a definitive agreement with Wockhardt to acquire select divisions of its branded generics business in India and a few other international territories of Nepal, Sri Lanka, Bhutan and Maldives for a consideration of Rs 1850 crore.

The business comprises of a portfolio of 62 brands in multiple therapy areas such as Respiratory, Neurology, VMS, Dermatology, Gastroenterology, Pain and Vaccines, which would transfer to Dr. Reddy's along with related sales and marketing teams; and the manufacturing plant located in Baddi, Himachal Pradesh with all plant employees. The business undertaking is being transferred on a slump sale basis.

Dr. Reddy's Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide range of pharm aceuticals in India and overseas.

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Cadila Healthcare trades higher on the BSE

Cadila Healthcare is currently trading at Rs. 268.95, up by 4.90 points or 1.86% from its previous closing of Rs. 264.05 on the BSE.

The scrip opened at Rs. 266.70 and has touched a high and low of Rs. 272.55 and Rs. 266.70 respectively. So far 46284 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 352.30 on 01-Apr-2019 and a 52 week low of Rs. 206.45 on 22-Aug-2019.

Last one week high and low of the scrip stood at Rs. 274.55 and Rs. 254.10 respectively. The current market cap of the company is Rs. 27635.93 crore.

The promoters holding in the company stood at 74.88%, while Institutions and Non-Institutions held 17.20% and 7.80% respectively.

US Food and Drug Administration (USFDA) has inspected the manufacturing facility of Alidac Pharmaceuticals, Cadila Healthcare’s wholly-owned subsidiary, located at SEZ, Ahmedabad from January 27 to February 4, 2020. At the end of the inspection, no observation (483) is issued. The site manufactures oncology injectables for the regulated markets.

Cadila Healthcare is an India-based pharmaceutical company. The company's subsidiaries include Zydus Wellness, Liva Pharmaceuticals, Biochem Pharmaceutical Industries, Zydus Technologies, German Remedies, Dialforhealth India, Dialforhealth Unity and Dialforhealth Greencross, among others.

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Yes Bank zooms on selling 2.08% stake of SICAL Logistics

Yes Bank is currently trading at Rs. 41.10, up by 2.65 points or 6.89% from its previous closing of Rs. 38.45 on the BSE.

The scrip opened at Rs. 38.65 and has touched a high and low of Rs. 41.35 and Rs. 38.35 respectively. So far 4894875 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 285.90 on 03-Apr-2019 and a 52 week low of Rs. 29.05 on 01-Oct-2019.

Last one week high and low of the scrip stood at Rs. 41.35 and Rs. 37.20 respectively. The current market cap of the company is Rs. 10418.68 crore.

The promoters holding in the company stood at 8.33%, while Institutions and Non-Institutions held 29.38% and 62.29% respectively.

Yes Bank has sold 12,20,001 equity shares having nominal value of Rs 10 each, constituting 2.08% of the paid-up share capital of SICAL Logistics (SICAL) in various tranches, last being on January 22, 2020 resulting into a change in holding of the Bank by more than 2% of the total shareholding of SICAL.

Yes Bank is engaged in providing banking services, including corporate and institutional banking, financial markets, investment banking, corporate finance, branch banking, business and transaction banking, and wealth management.

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ICICI Prudential Life Insurance shines on reporting marginal rise in Q3 consolidated net profit

ICICI Prudential Life Insurance is currently trading at Rs. 504.25, up by 15.25 points or 3.12% from its previous closing of Rs. 489.00 on the BSE.

The scrip opened at Rs. 494.00 and has touched a high and low of Rs. 504.50 and Rs. 489.00 respectively. So far 39801 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 537.50 on 13-Nov-2019 and a 52 week low of Rs. 277.95 on 04-Feb-2019.

Last one week high and low of the scrip stood at Rs. 505.40 and Rs. 478.70 respectively. The current market cap of the company is Rs. 70959.82 crore.

The promoters holding in the company stood at 74.98%, while Institutions and Non-Institutions held 18.82% and 6.20% respectively.

ICICI Prudential Life Insurance Company has reported a rise of 1.92% in its net profit at Rs 302.46 crore for the quarter ended December 31, 2019 compared to Rs 296.77 crore for the same quarter in the previous year. Total income of the company increased by 49.70% at Rs 12,946.62 crore for Q3FY20 as compared Rs 8,648.28 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 1.80% in its net profit at Rs 301.77 crore for the quarter ended December 31, 2019 compared to Rs 296.43 crore for the same quarter in the previous year. Total income of the company increased by 49.70% at Rs 12,946.62 crore for Q3FY20 as compared Rs 8,648.28 crore for the corresponding quarter previous year.

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TCS inches up on the BSE

Tata Consultancy Services is currently trading at Rs. 2174.65, up by 4.40 points or 0.20% from its previous closing of Rs. 2170.25 on the BSE.

The scrip opened at Rs. 2174.95 and has touched a high and low of Rs. 2185.00 and Rs. 2160.00 respectively. So far 23263 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2296.00 on 03-Sep-2019 and a 52 week low of Rs. 1874.00 on 23-Jan-2019.

Last one week high and low of the scrip stood at Rs. 2254.20 and Rs. 2156.70 respectively. The current market cap of the company is Rs. 817832.25 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 24.00% and 3.95% respectively.

Tata Consultancy Services (TCS) has been named a leader in the inaugural Everest Group PEAK Matrix for Life Sciences Data and Analytics Services for Sales and Marketing Services. The report cites the company’s consulting-led approach and broad portfolio of solutions across the life sciences value chain, as key strengths.

The report highlights the company's data and analytics-focused platform solutions such as the Cognitive Commercials Intelligent Platform and the Real World Evidence Platform. The report also mentions the company’s investments in developing its life sciences interactive practice that provides marketing agency services for life sciences customers, and in a state-of-the-art Digital Lab that embraces emerging digital technologies to build next gen solutions.

Tata Consultancy Services is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

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JK Tyre shines on expecting around 50% growth in exports during FY20

JK Tyre & Industries is currently trading at Rs. 75.10, up by 2.50 points or 3.44% from its previous closing of Rs. 72.60 on the BSE.

The scrip opened at Rs. 75.50 and has touched a high and low of Rs. 79.30 and Rs. 74.70 respectively. So far 90992 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 106.30 on 07-Jan-2019 and a 52 week low of Rs. 53.55 on 06-Aug-2019.

Last one week high and low of the scrip stood at Rs. 79.30 and Rs. 72.25 respectively. The current market cap of the company is Rs. 1859.04 crore.

The promoters holding in the company stood at 56.23%, while Institutions and Non-Institutions held 5.05% and 38.73% respectively.

JK Tyre & Industries is expecting exports to grow around 50 percent in the ongoing fiscal (FY20) to clock over Rs 800 crore, which along with domestic replacement market will help offset the decline in direct sales to automobile makers.

Due to the ongoing slump in the Indian automobile sector, the company has seen a contribution from the Original Equipment Manufacturer (OEM) segment to its overall sales decline to around 20 percent from an earlier 32-33 percent.

JK Tyre & Industries is a one of the leading tyre manufacturers in India and amongst the top 25 manufacturers in the world with a wide range of products catering to diverse business segments that includes Truck/Bus, LCV (Light commercial vehicles), Passenger Cars, MUV (Multi utility vehicles) and Tractors.

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NTPC rises as its JV signs MoU with HPCL to set up charging infrastructure

NTPC is currently trading at Rs. 117.30, up by 0.60 points or 0.51% from its previous closing of Rs. 116.70 on the BSE.

The scrip opened at Rs. 117.00 and has touched a high and low of Rs. 117.70 and Rs. 116.40 respectively. So far 151433 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 145.85 on 01-Jul-2019 and a 52 week low of Rs. 106.71 on 13-Feb-2019.

Last one week high and low of the scrip stood at Rs. 118.00 and Rs. 114.05 respectively. The current market cap of the company is Rs. 115716.85 crore.

The promoters holding in the company stood at 54.50%, while Institutions and Non-Institutions held 42.74% and 2.64% respectively.

Energy Efficiency Services (EESL), a joint venture of four PSUs including NTPC, Power Finance Corporation, Rural Electrification Corporation & Power Grid Corporation, has signed two-year memorandum of understanding (MoU) with Hindustan Petroleum Corporation (HPCL) for setting up charging infrastructure to boost electric mobility.

The MoU covers collaboration for planning, development and installation of charging facilities at suitable locations for two, three, and four-wheeler vehicles. With the installation of public charging stations, the range anxiety of EV owners is expected to reduce, which will increase the adoption of electric mobility. This will also bring down automobiles emissions, enabling cleaner and greener environment, in turn, safeguarding public from health risks.

NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining.

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HDFC Bank surges on emerging as largest lender to MSMEs in Punjab

HDFC Bank is currently trading at Rs. 1287.30, up by 12.40 points or 0.97% from its previous closing of Rs. 1274.90 on the BSE.

The scrip opened at Rs. 1280.00 and has touched a high and low of Rs. 1288.50 and Rs. 1280.00 respectively. So far 17971 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1304.10 on 19-Dec-2019 and a 52 week low of Rs. 1011.50 on 31-Jan-2019.

Last one week high and low of the scrip stood at Rs. 1303.70 and Rs. 1265.10 respectively. The current market cap of the company is Rs. 705714.94 crore.

The promoters holding in the company stood at 26.21%, while Institutions and Non-Institutions held 58.90% and 14.89% respectively.

HDFC Bank has emerged as the largest lender to MSMEs in Punjab. Its loan book in the state has touched Rs 8,921 crore as of September 30, 2019 and is now the largest bank for Micro Small and Medium Enterprises in the state with a market share of over 16%.

In the last 21 years in Punjab, the Bank has supported over 15,000 such enterprises that form the engine of economic growth in more than 150 cities and towns covering all 22 districts.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

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Punjab National Bank surges on raising Rs 1,500 crore through bonds

Punjab National Bank (PNB) is currently trading at Rs. 64.35, up by 1.55 points or 2.55% from its previous closing of Rs. 62.80 on the BSE.

The scrip opened at Rs. 63.30 and has touched a high and low of Rs. 64.50 and Rs. 63.30 respectively

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 99.90 on 01-Apr-2019 and a 52 week low of Rs. 55.70 on 11-Oct-2019.

Last one week high and low of the scrip stood at Rs. 65.35 and Rs. 62.55 respectively. The current market cap of the company is Rs. 42311.91 crore.

The promoters holding in the company stood at 75.41%, while Institutions and Non-Institutions held 15.69% and 8.91% respectively.

Punjab National Bank (PNB) has raised Rs 1,500 crore by issuing Basel III compliant bonds. The bank will use the funds for business expansion. The bank has issued and allotted Rs 1,500 crore Tier - II Basel III compliant capital bonds at a coupon of 8.15 per cent per annum on private placement basis. To comply with Basel III capital regulations, banks need to improve and strengthen their capital planning processes.

PNB is one of the oldest banks in India having a virtual presence in every important center of the country. The Bank caters to a wide variety of audience through spectrum of services including corporate and personal banking, industrial finance, agricultural finance and international finance.

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IndiGo gains on starting four-day Christmas, New Year sale

IndiGo is currently trading at Rs. 1304.80, up by 4.25 points or 0.33% from its previous closing of Rs. 1300.55 on the BSE.

The scrip opened at Rs. 1300.55 and has touched a high and low of Rs. 1306.60 and Rs. 1297.80 respectively. So far 13623 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1911.00 on 23-Sep-2019 and a 52 week low of Rs. 1048.85 on 22-Jan-2019.

Last one week high and low of the scrip stood at Rs. 1321.70 and Rs. 1280.00 respectively. The current market cap of the company is Rs. 50138.96 crore.

The promoters holding in the company stood at 74.89%, while Institutions and Non-Institutions held 20.87% and 4.25% respectively.

InterGlobe Aviation (IndiGo) has started four-day Christmas and New Year sale, with approximately a million seats on offer. Customers can avail lucrative deals on their flights with domestic fares starting at Rs 899 and international fares at Rs 2,999, provided the tickets booked fifteen days in advance. The sale will be valid for travel between January 15, 2020 and April 15, 2020.

InterGlobe Aviation provides air transportation services in India and internationally. The company primarily operates IndiGo passenger airline.

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Tata Power gains on emerging as successful bidder for supply of electricity in Odisha's five circles

Tata Power Company is currently trading at Rs. 55.85, up by 0.45 points or 0.81% from its previous closing of Rs. 55.40 on the BSE.

The scrip opened at Rs. 55.10 and has touched a high and low of Rs. 55.95 and Rs. 55.00 respectively. So far 82955 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 80.50 on 21-Dec-2018 and a 52 week low of Rs. 50.40 on 21-Aug-2019.

Last one week high and low of the scrip stood at Rs. 56.25 and Rs. 54.10 respectively. The current market cap of the company is Rs. 15052.06 crore.

The promoters holding in the company stood at 36.21%, while Institutions and Non-Institutions held 48.05% and 15.67% respectively.

Tata Power Company has been selected as the successful bidder to own the licence for the distribution and retail supply of electricity in Odisha's five circles, together constituting Central Electricity Supply Utility of Odisha (CESU).

The five electrical circles constituting CESU are the areas of Bhubaneswar (Electrical Circle - I and II), Cuttack, Paradip and Dhenkanal. The license is being offered for 25 years initially. The proposed sale of CESU to the Company will be through the formation of a Special Purpose Vehicle (SPV) entity in which the Government of Odisha will own 49% in the equity share capital and the Company will hold balance 51% with their management.

Tata Power Company is India’s largest integrated power company with a growing international presence. The company together with its subsidiaries and jointly controlled entities has presence in all the segments of the power sector viz. Fuel Security and Logistics, Generation (thermal, hydro, solar and wind), Transmission, Distribution and Trading.

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Maruti Suzuki gains on introducing VXI+ variant in Alto 800

Maruti Suzuki India is currently trading at Rs. 7302.50, up by 60.95 points or 0.84% from its previous closing of Rs. 7241.55 on the BSE.

The scrip opened at Rs. 7250.00 and has touched a high and low of Rs. 7309.00 and Rs. 7192.00 respectively. So far 18537 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 7929.00 on 19-Dec-2018 and a 52 week low of Rs. 5447.00 on 31-Jul-2019.

Last one week high and low of the scrip stood at Rs. 7309.00 and Rs. 7020.00 respectively. The current market cap of the company is Rs. 220572.82 crore.

The promoters holding in the company stood at 56.21%, while Institutions and Non-Institutions held 38.46% and 5.34% respectively.

Maruti Suzuki India has introduced VXI+ variant in Alto 800. The Ex Showroom price in Delhi and NCR of Alto 800 VXI+ is Rs 3,80,209. The same is effective from December 19, 2019.

Maruti Suzuki India (formerly known as Maruti Udyog) is an automobile manufacturer in India. It provides passenger cars, utility vehicles and vans. The firm also offers pre-owned car sales, fleet management and car financing services.

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TCS surges on the BSE

Tata Consultancy Services is currently trading at Rs. 2048.75, up by 27.80 points or 1.38% from its previous closing of Rs. 2020.95 on the BSE.

The scrip opened at Rs. 2025.10 and has touched a high and low of Rs. 2056.90 and Rs. 2011.00 respectively. So far 732567 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2296.00 on 03-Sep-2019 and a 52 week low of Rs. 1809.55 on 15-Jan-2019.

Last one week high and low of the scrip stood at Rs. 2093.95 and Rs. 2011.00 respectively. The current market cap of the company is Rs. 764041.81 crore.

The promoters holding in the company stood at 72.05%, while Institutions and Non-Institutions held 23.79% and 4.17% respectively.

Tata Consultancy Services (TCS) has been selected as this year’s winner of the Organization for International Investment's (OFII) Corporate Social Responsibility Award. OFII recognizes a member company each year for its outstanding efforts in corporate social responsibility (CSR). This award exemplifies the vast CSR achievements international companies have made in communities around the US.

Tata Consultancy Services is an IT services, consulting and business solutions provider that has been partnering with the world’s largest businesses in their transformation journeys for the last fifty years.

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IDFC First Bank shares surge over 10% in four days

Shares of IDFC First today rose as much as 2% to ₹47.70 apiece, extending gains to the fourth day in a row. The stock is up over 10% over four sessions, sharply outperforming the Nifty Bank index.

"Also, IDFC First is going to be big beneficiary of the revival in the telecom industry as its loan to telecom sector is the highest at 3.5% of its total loans," the brokerage added.

Over the weekend, telecom players Bharti Airtel, Vodafone Idea and Reliance Jio announced a hike in tariffs.

IDFC First Bank had posted a profit before tax of ₹100 crore for the quarter ended September 30, 2019, as compared to a loss of ₹583 crore in the corresponding period last year. Overall, the bank posted a net loss (after tax) of ₹680 crore for the quarter, as a result of one-time tax impact of ₹751 crore due to markdown of existing deferred tax assets.

At 9:45 am, IDFC First Bank shares had pared some gains and were up 0.53% to ₹47.10.

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Muthoot Capital Services advances on completing securitization transaction of Rs 82.97 crore

Muthoot Capital Services is currently trading at Rs. 480.15, up by 6.30 points or 1.33% from its previous closing of Rs. 473.85 on the BSE.

The scrip opened at Rs. 477.65 and has touched a high and low of Rs. 486.00 and Rs. 477.65 respectively. So far 176 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1049.40 on 31-Jan-2019 and a 52 week low of Rs. 420.00 on 22-Aug-2019.

Last one week high and low of the scrip stood at Rs. 511.60 and Rs. 446.90 respectively. The current market cap of the company is Rs. 781.26 crore.

The promoters holding in the company stood at 62.62%, while Institutions and Non-Institutions held 17.42% and 19.96% respectively.

Muthoot Capital Services has completed a securitization transaction of Rs 82.97 crore on November 27, 2019. With this transaction, the company has so far raised total funds of Rs 374.23 crore through securitization/direct assignment transactions during the FY 2019-20.

The entire pool is from the non - priority sector and has been taken after considering the guidelines prescribed by the Reserve Bank of India in this regard.

Muthoot Capital Services is a deposit taking non-banking financial company (NBFC). The company is engaged in financing for purchase of automobiles, including two wheelers, against hypothecation of the respective vehicles, and granting of personal/business loans against demand promissory notes.

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Nestle India trades higher on the bourses

Nestle India is currently trading at Rs. 14599.15, up by 13.50 points or 0.09% from its previous closing of Rs. 14585.65 on the BSE.

The scrip opened at Rs. 14600.00 and has touched a high and low of Rs. 14665.80 and Rs. 14573.95 respectively. So far 9282 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 15150.00 on 31-Oct-2019 and a 52 week low of Rs. 10028.10 on 08-Mar-2019.

Last one week high and low of the scrip stood at Rs. 14669.00 and Rs. 14108.00 respectively. The current market cap of the company is Rs. 140911.57 crore.

The promoters holding in the company stood at 62.76%, while Institutions and Non-Institutions held 21.20% and 16.04% respectively.

Nestle India has launched a programme to train 1,000 street vendors to prepare food in a hygienic manner across Assam in the coming months. For this CSR initiative 'Serve Safe Food' in Assam, the company has tied up with the Department of Health and Family Welfare of the state government and National Association of Street Vendors of India (NASVI).

Nestle India is a subsidiary of Nestle S.A. of Switzerland, a vibrant company that provides consumers in India with products of global standards.

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Infosys spurts on launching Cyber Next platform-based offerings

Infosys is currently trading at Rs. 694.75, up by 4.05 points or 0.59% from its previous closing of Rs. 690.70 on the BSE.

The scrip opened at Rs. 695.70 and has touched a high and low of Rs. 695.95 and Rs. 690.20 respectively. So far 37488 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 847.40 on 06-Sep-2019 and a 52 week low of Rs. 615.00 on 23-Oct-2019.

Last one week high and low of the scrip stood at Rs. 721.40 and Rs. 685.10 respectively. The current market cap of the company is Rs. 294131.60 crore.

The promoters holding in the company stood at 13.15%, while Institutions and Non-Institutions held 56.30% and 13.03% respectively.

Infosys has launched its Cyber Next platform-based offerings, powered by Microsoft Azure Sentinel. These offerings will help enterprises enhance security monitoring, management, threat detection, and response services. This includes round-the-clock monitoring, lifecycle management and incident investigations, coupled with real-time threat intelligence for SIEM data enrichment. This will be delivered via a globally distributed network of Cyber Defense Centers, staffed with platform experts and skilled security analysts.

Infosys is a global leader in technology services and consulting. The company enables clients in 45 countries to create and execute strategies for their digital transformation.

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Tejas Networks zooms on signing MoU with Bharat Electronics

Tejas Networks is currently trading at Rs. 103.70, up by 8.65 points or 9.10% from its previous closing of Rs. 95.05 on the BSE.

The scrip opened at Rs. 95.20 and has touched a high and low of Rs. 104.55 and Rs. 94.35 respectively. So far 144184 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 247.85 on 26-Nov-2018 and a 52 week low of Rs. 64.70 on 15-Nov-2019.

Last one week high and low of the scrip stood at Rs. 114.10 and Rs. 85.45 respectively. The current market cap of the company is Rs. 871.58 crore.

The Institutions holding in the company stood at 38.93%, while Non-Institutions held 61.07%.

Tejas Networks has signed a Memorandum of Understanding (MoU) with Bharat Electronics (BEL), India’s premier defence solution provider. The MoU envisages strategic cooperation, covering the use of Tejas’ optical transmission, access and data-switching products for domestic & export markets by jointly capitalising on the emerging opportunities in defence communication, strategic communication, smart city, homeland security, metro and state network projects under the ‘Make-in-India’ program.

The company has recently received purchase orders totalling over Rs 60 crore from BEL, towards supply and services of its optical and data networking equipment for various projects won by BEL, which includes the Kerala Fibre Optic Network, defence communication networks and smart city projects.

Tejas Networks designs, develops and sells high-performance and cost-competitive networking products to telecommunications service providers, internet service providers, utilities, defence and government entities.

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