28 Mar, Morning Brief

Market may open on a negative to flat note today as Asian markets are trading down after US markets declined yesterday because of tech stocks were hampered. Global markets fueled to gain yesterday and as a result Nifty inched near 10200 mark. Today is the last trading day of the financial year and also the derivative expiry of the month hence market may be volatile.

IPO Updates :

IPO subscribed 44 % on day 2.

🎯 News & Impact 🎯

🎯 Hindustan Aeronautics -
Listing Today.

🎯 Lupin : It has received US FDA nod for generic of Clobex Spray.
Positive for the stock. 👍

🎯 Biocon :
Mylan and Biocon receive approvals from the European Commission.

🎯 JMC Projects :
Company secures new orders worth Rs. 634 crore.

🎯 Dilip Buildcon :
Company incorporates new SPV to undertake six laning project in Andhra Pradesh.

🎯 Fortis :
Board approves demerger of its hospital business.

🎯 REC :
Company transfers transmission arm to PowerGrid.

🎯 KEC International :
Company's Saudi Arabia JV becomes its subsidiary.

🎯 Capital First :
Company to raise Rs.1,500-cr via bonds to fund business growth.

🎯 Reliance :
Reliance arm sells assets in Eagle Ford shale for USD 100 mn.

🎯 Rcom :
Sistema Shyam reduces stake in Rcom to 7 %.

🎯 Wipro :
Company launches tech centre in Texas, to raise headcount to 2,000

🎯 Tejas Network :
The company has won an expansion order of Rs.336 crore from BSNL for BharatNet.

🎯 SBI :
The bank is mulling possibility of merging SBI Card JV entities with itself.

🎯 Dena Bank :
Gets shareholders' nod for issue of shares worth Rs.3,045 crore to the government.

🎯 Maruti :
New Swift has clocked over 1 lakh bookings in 10 weeks - Hindu.

🎯 Ashok Leyland :
It will be increasing vehicle prices by at least 2% from April.

🎯 UltraTech :
Binani lenders agree to weigh UltraTech offer.

🎯 GSK :
Company looks to sell stake in Indian unit, puts Horlicks on the book.

🎯 Monnet Ispat :
ICICI Bank moved to NCLT to include USD 75 mn claim in Monnet Ispat insolvency case.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

27 Mar, Morning Brief

Market may open on a flat to positive note today. Nifty has made a long positive candle on the daily chart yesterday. Buying in banking and financial stocks pulled the Nifty to close at 10130.
The Dow Jones Industrial Average rose 669.4 points, or 2.84 percent, to 24,202.6 as trade war fears eased on reports the United States and China are willing to renegotiate tariffs and trade imbalances.

Listing Today :

🎯 Bandhan Bank

IPO Updates :

🎯 ICICI Securities IPO subscribed 88%.
🎯 Lemon Tree Hotels IPO subscribed 25% on day 1.

🎯 News & Impact 🎯

🎯 Capital First :
Merger with IDFC Bank has received the nod of National Stock Exchange (NSE).
Positive for the stock. 👍

🎯 Auropharma :
Company gets tentative USFDA nod for Emtricitabine (20 mg) Capsules.
Positive for the stock. 👍

🎯 Wockpharma :
Wockhardt arm Wockhardt Bio AG gets USFDA nod for Oxacillin sodium injectable.
Positive for the stock. 👍

🎯 PunjLloyd :
Company has received a contract worth Rs.505 crore in Odisha On EPC Basis By NHAI.
Positive for the stock. 👍

🎯 KEC International :
Company has won contracts worth Rs 2,419 crore.
Positive for the stock. 👍

🎯 KNR Constructions :
Company bags two Hybrid Annuity Projects with bid project cost of Rs 2964 crore from NHAI.
Positive for the stock. 👍

🎯 ICICI Bank :
The bank has allotted 1,07,215 shares of face value Rs. 2 on March 26 under the ESOP scheme.

🎯 MCX :
MCX brass futures contract debuts with volume of Rs.14.71 crore.

🎯 Tata Metalics :
Operations at Kharagpur plant to be hit due to planned shutdown at its blast furnaces, sinter plant and captive power plants between March 26 and April 6, 2018.

🎯 Power stocks :
Power minister RK Sinha has said that he has proposed NTPC, PFC, REC to make SPV to operate stressed assets.

🎯 Wipro :
Wipro and Adobe have expanded partnership to offer enhanced digital services & solution.

🎯 Dilip Buildcon :
Company has been declared lowest bidder for 4 hybrid annuity projects valued at Rs.4,115 crore by NHAI in Karnataka & Maharashtra.

🎯 Tata Power :
Company to sell Tata Communications’ shares to parent for Rs 2,150 crore.

🎯 JSW Steel :
Company to set up facility in Texas with $500 million investment, reports Reuters.

🎯 MRPL :
Company will come out with BS6 standard diesel by March 2019 and BS6 petrol by December that year, reports Hindu Business Line.

🎯 Hero Cycles :
Company has launched 9 new models under Sprint Pro range.

🎯 Adani Enterprises :
Company has signed coal mining pact with NLC India.

🎯 PFC :
Company to raise up to Rs.57,000 cr via debt.

🎯 Tata Motors :
Company launches Nexon variant at Rs. 7.99 lakh.

🎯 Essar Steel :
ArcelorMittal drags bankers' rejection to NCLT.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

26 March, Morning Brief

Nifty closed below 10000 mark for the first time after Oct 22, 2017.

Wall Street tumbled on Friday with more than 1,000 points knocked off the Dow in two days as investors, nervous about a potential US trade war with China.

🎯 News & Impact 🎯

🎯 MMTC STC India :
STC, MMTC merger on cards, says Minister Suresh Prabhu.
Positive for the stocks. 👍

🎯 Reliance :
Comapny has inked a deal to combine over-the-top (OTT) music platform Saavn with its own digital music service JioMusic in a transaction worth over USD 1 billion. JioMusic’s implied valuation for the transaction was USD 670 million.

🎯 VEDL :
Vedanta’s board approved a proposal to raise funds of up to Rs.4,500 crore through private placement.

🎯 Indiabulls Real Estate :
The company has divested 50% stake in arms Indiabulls Properties (IPPL) & Inidabulls Real Company (IRECPL) to Blackstone for an enterprise value of Rs. 9,500 crore.

🎯 Uttam Galva Steel :
ArcelorMittal has got approval from exchanges to change its 'promoter' status in Uttam Galva Steels, giving it a huge boost ahead of the second round bidding for Essar Steel.

🎯 Viceroy Hotels :
Corporate Insolvency Resolution Process (CIRP) has been initiated in respect of the company, Hyderabad under the provisions of Insolvency and Bankruptcy Code by an order of National Company Law Tribunal with effect from March 12, 2018.
Negative for the stock.

🎯 Fortis :
DSP BlackRock MF's shareholding in the company increased to 5.14 % on March 21.

🎯 Va Tech Wabag :
The company has incorporated a subsidiary company in the name of 'VA Tech Wabag Brazil Servicos DE AGUA E SANEAMENTO LTDA.

🎯 Huhtamaki :
The company has entered into a business transfer agreement for acquisition of the business of Ajanta Packaging, India on a slump sale basis, based on an enterprise valuation of Rs.100.3 crore. This acquisition will help the company in consolidating its position in pressure sensitive label business.

🎯 Bharat Financial :
The company assigned two pools of receivables of an aggregative value of Rs. 1,391 crore with a leading public sector bank and a leading private sector bank on direct assignment basis. With these transactions, the company has completed six direct assignment transactions worth Rs.3,328.32 crore in FY18.

🎯 BHEL :
The company has signed Technology Transfer Agreement with ISRO for manufacture of Space Grade Lithium-ion cells.

🎯 NTPC :
The firm has commissioned 800 MW Lara super thermal power project.

🎯 Tata Power :
Signs Share Purchase Agreement With Tata Sons To Sell 59 Cr Shares In Panatone Finvest.

🎯 Unitech :
HDFC Invokes 6.5 Cr Shares Of Co Pledged By Promoter Sanjay Chandra

🎯 Jain Irrigation :
Promoter Creates Pledge On 13.5 Lakh Shares On March 12.
Negative for the stock.

🎯 HCL Tech :
Transfers Entire Stake In Arm HCL Training To Another Arm HCL Comnet.

🎯 NHPC :
It has commissioned 50 MW Solar Power Project In Theni, Tamil Nadu.

🎯 Precision Camshafts :
Company subsidiary PCL (International) Holding BV acquired 76 percent shareholding in MFT Motoren und Fahrzeugtechnik GmbH, Germany.

🎯 Marathon Nextgen Realty :
Company has fixed April 6 as record date for split of face value of the equity shares of the company from existing Rs.10 each to Rs 5 each.

🎯 GOCL Corporation :
Company has fixed April 6 as the record date for the purpose of payment of interim dividend.

🎯 Capital First :
Company said the meeting of the debenture committee of the company will be held on March 28

🎯 Tata Chemicals :
Company approved the scheme of amalgamation for the merger of Bio Energy Venture 1 (Mauritius) Pvt Ltd, a wholly owned subsidiary of the company, with the company.

🎯 Mercator :
Board approved the issue of 1,750 secured redeemable unlisted non-convertible debentures of face value of Rs.10,00,000 each, aggregating to Rs 175 crore on private placement basis.

🎯 Kridhan Infra :
Company acquired 36.86 % stake in Vijay Nirman Company Private Limited. It had signed an SSA for increasing its stake to 50.5 %.

🎯 NMDC :
Board will, on March 26, consider declaration of interim dividend for the financial year 2017-18, if any.

🎯 Shopper's Stop : CRISIL has upgraded their rating on the Rs.100 crore commercial paper of the company from 'A1' to 'A1+'.

🎯 Lumax Auto :
Board approved sub-division of equity shares of the company from Rs 10 per share to Rs 2 per share.

🎯 Jyoti Structures :
Lenders to Jyoti Structures will meet on Monday to put the only resolution bid received for the debt-laden company to vote.

🎯 Lanco Infra :
Seven companies have shown interest in acquiring Lanco Infratech.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

23 March, Morning Brief

A gap down opening expected as SGX Nifty is trading below 10000 mark, nearly 120 points lower on global meltdown after Trump's decision on trade tariff. Dow tumbled 724 points yesterday and Asian indices were down more than 2% on trade war.

A sell on rallies was witnessed yesterday also. So crossing 10350 will be a herculean task in this month. A value buying can pull the index above 10k mark but keen to see whether it rests above 10050 level or not.

IPO Watch :
ICICI Securities IPO subscribed 29% on Day 1.
Mishra Dhatu Nigam IPO subscribed 64% on Day 2.

🎯 News & Impact 🎯

🎯 Dilip Buildcon :
Company wins Rs 677 cr highway project from NHAI in UP.
Positive for the stock. 👍

🎯 AIA Engineering :
Company declares dividend of Rs.8 per equity share in its meeting held on March 22.

🎯 United Spirits :
The firm will consider sub-division of equity shares.
Positive for the stock. 👍

🎯 IGL :
Announces Reduction In CNG Price In Uttar Pradesh.

🎯 Cipla :
Cipla received Tentative nod for Darunavir 800MG.

🎯 Idea :
Existing leadership teams to continue to manage their separate businesses.

🎯 JSW Energy :
Company secured order from Punjab State Power Corp for supply of 200 megawatt power.

🎯 20 Microns :
Company subsidiary filed DRHP for IPO.

🎯 REC Board :
Board approved Rs.60000 crore market borrowing plan for FY19.

🎯 Union Bank :
CBI registers a case on a complaint filed by bank against Totem Infra.

🎯 Hero Motocorp :
The firm has hiked stake in Colombian jt venture to 68%.

🎯 Cox & Kings :
The company has sold 11.58% stake in subsidiary.

🎯 L&T Technology :
Company bags multi-million dollar project from Germany's Covestro.

🎯 PNB :
Bank pares nearly 2% stake in ICRA.

🎯 Infosys :
Company invests USD 1.5 mn in Waterline Data Science.

🎯 Schneider Electric :
Company keen to tap EV charging market.

🎯 Shriran Transport Finance : 
Company raises Rs.1830cr via bonds

🎯 MCX :
Exchange to start brass futures trading next week.

🎯 Dish TV / Videocon :
D2H merger completed.

🎯 Dewan Housing :
Company allotted NCDs worth Rs.300 crore.

🎯 Tata Steel :
Company identified as the successful resolution applicant for acquisition of Bhushan Steel.

🎯 Reliance :
Reliance Retail plans to raise Rs 4000 crore.

🎯 Shalimar Paints :
Company to raise Rs.49.73 crore via rights issue. Board approved issue of 35.52 lakh shares at a price of Rs. 140 each.

🎯 Alankit Ltd. :
Company sold 49 % stake in subsidiary Alankit Technologies for Rs.1.07 crore. Also, subsidiary Alankit Life Care received FFMC (Full Fledged Money Changer) License from RBI.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

22 March, Morning Brief

A flat to positive start can be experienced today as SGX Nifty is trading up by 11 points.
A bearish pattern candle formed on the daily chart yesterday for the Nifty50. Interesting to see whether Nifty hold 10140 level or not.
The U.S. Federal Reserve raised interest rates by 0.25% for the first time this year from 1.5% to 1.75%.

🎯 News & Impact 🎯

IPO Watch :

ICICI Securities IPO to open today.

Mishra Dhatu Nigam IPO subscribed 26% on Day 1.

Sandhar Technologies IPO subscribed 6.18 times.

🎯 Sun Pharma :
Gets nod from US FDA for Psoriasis drug.
Positive for the stock. 👍

🎯 Indiabulls Real Estate :
Company to sell 50% stake in prime Mumbai office assets to Blackstone for USD 1.3 billion.

🎯 Godrej Aerospace :
Godrej Aerospace expands tie-up with Rolls-Royce, wins Rs.200-cr contract.

🎯 Oil India :
Company enters into an agreement with Assam for Methanol, Formaldehyde project.

🎯 Mahindra Holidays :
Allotted 1,15,000 shares of Rs.10 each under ESOP scheme.

🎯 Dena Bank :
The bank has made annual interest payment of Rs.40 crore on its 10.20 % Basel-III compliant AT-I bonds series III.

🎯 JPAssociates :
The Supreme Court has asked the firm to deposit Rs.200 crore by May 10

🎯 Rcom :
The firm has received bondholders’ approval for asset monetization plan, according to a Mint report.

🎯 Lakahmi Vilas Bank :
Fisdom has tied up with the company to offer NPS scheme online, Mint reported.

🎯 Arvind :
Adient India and the company have formed joint venture to make automotive fabric in India, Hindu BusinessLine reported.

🎯 Coal India :
Company allotted 11 mines that will increase annual output to 225 million tonnes.

🎯 Havells India :
The firm has appointed Shashi Arora as CEO of Lloyd.

🎯 ISGEC Heavy Engineering :
Company declares interim dividend

🎯 Dilip Buildcon :
Company emerge L-1 bidder by NHAI for EPC project of Rs.677.07 crore.

🎯 VEDL :
Goa mining ban: Sesa Mining asks workers not to report to duty.

🎯 GE Power :
Company awarded a contract worth approximately Rs.230 crore by NTPC.

🎯 Zensar :
Company to acquire Cynosure for USD 33 mn.

🎯 NMDC :
Coal handling system charged to pave way for commissioning of coke oven battery at Nagarnar steel plant.

🎯 IRB :
IRB Infra emerged a preferred bidder for a project in Uttar Pradesh on DBFOT basis.

🎯 BPCL :
BPCL arm looking to raise USD 600 million to refinance debt.

🎯 JSW Steel :
Company may bid for Essar Steel.

🎯 ICICI Bank :
Bank raises Rs.4000 crore via perpetual bonds.

🎯 IDFC :
IDFC looks to exit asset management business in Rs.4,000 crore deal.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

21 March, Morning Brief

A flat to positive start can be experienced today.
US markets on yesterday and Asian markets today show some positiveness which may help our market to trade positively.
Fed interest rate expected to hike in today's outcome of Fed policy, late evening. New appointed, Powell Jerome will chair the meet for the first time.
Goldman Sachs lowered its real gross domestic product (GDP) forecast on India for the year to March 2019 to 7.6 % from 8 % earlier on PNB fraud case.

🎯 News & Impact 🎯

IPO Watch

Mishra Dhatu Nigam IPO opens today with a price band of Rs. 87-90.

Hindustan Aeronautics subscribed 99% on the final day.

Sandhara subscribed 40% on day 2.

🎯 Ruchi Soya :
Godrej Agrovet might acquire Ruchi Soya.
Positive for the stock. 👍

🎯 IndiGo :
IndiGo, Qatar Airways to make joint bid for Air India.

🎯 Larsen & Toubro :
The company is set to win EPC contract for new dry dock in Kochi.

🎯 Sterlite Power :
Company acquires Rs 1,500 cr Goa-Tamnar.

🎯 Greenply Industries :
Company to explore an option to demerge its MDF Division into Greenpanel Industries.

🎯 Jindal Steel :
Company opens QIP at a floor price of Rs. 227.15 apiece.

🎯 Amtek :
Company says Liberty’s resolution plan not yet approved by lenders.

🎯 Transport Corporation of India : Company acquired one ship with capacity of 26,262 DWT for Rs 48.80 करोड़ to increase capacity in West coast.

🎯 Dalmia Bharat :
A company unit provides performance bank guarantee of 10 % for upfront payment to lenders in Binani Cement.

🎯 Mercator :
Company to sell vessel for $4.25 million to Best Oasis Ltd; will use proceeds to repay debt.

🎯 Manappuram Finance :
Company approved business plan for FY19.

🎯 TCS :
TCS partners with Saudi Real Estate Refinance company.

🎯NRB Bearings :
Company approves dividend at Rs.1.40 per share.

🎯 Ashoka Buildcon :
Company declares interim dividend.
Ashoka Buildcon emerges lowest bidder for Mort&H project.

🎯 DLF :
DLF declares interim dividend at Rs.1.20 per equity share.

🎯 Tata Motors :
Company to hike vehicle prices from April.

🎯 Raymond :
Company to raise Rs.100 cr via NCDs.

🎯 VEDL :
Vedanta plans to raise Rs.4,500 cr via NCDs.

🎯 MOIL :
Sunil Porwal has been appointed as the government nominee director on the firm’s Board.

🎯 Equitas Holdings :
The firm will allot 1,59,798 shares at Rs. 10 each under ESOP scheme.

🎯 UltraTech Cement :
According to a PTI report, the company may get support from Binani creditors.

🎯 Ashok Leyland :
The company will be supplying 50 e-buses for Ahmedabad’s BRT corridor, according to a report in The Hindu BusinessLine.

🎯 Rel Infra :
Reliance Infra arm moves HC for execution of Rs.5200 crore award.

🎯 Rcom :
Rcom lenders move SC against freeze on assets sale.

🎯 Reliance :
Jio board to meet on March 23 to consider raising up to Rs 20,000 crore. 

🎯 SBI :
SBI moves SC on RCom assets to cover loans.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

20 March, Morning Brief

Market may open negatively as SGX Nifty is trading down by 40 points. As we saw yesterday, Nifty 50 closed below its crucial support if 10140 and breached 10100 level also. So, now 10140 & 10250 are the resistance levels and 10050 will वे the next support for the Nifty 50.

🎯 News & Impact 🎯

IPO Watch

Sandhar Technologies IPO subscribed 5% on Day 1.

Hindustan Aeronautics IPO subscribed 45% on Day 2.

Bandhan Bank IPO subscribed 14.62 times.

🎯 Capacite Infra :
The firm has bagged a contract worth Rs. 256.6 crore in Varanasi.
Positive for the stock. 👍

🎯 IRB Infra :
The company has bagged a road project worth Rs 2,043 crore from NHAI in Gujarat.
Positive for the stock. 👍

🎯 Future Retail :
Company gets RBI nod to increase RPFI to 49%.
Positive for the stock. 👍

🎯 MMTC :
Company approves issue of bonus shares in 1:2 ratio.
Positive for the stock. 👍

🎯 Granules :
Granules India gets ANDA approval for Metformin tablets.

🎯 Inox Wind :
Company offer for sale to non-retail gets 122 % demand for shares offered.

🎯 Prism Cement :
Company's JV completes expansion of tiles capacity at Matel plant, Morbi.

🎯 Sona Koyo :
Company offer for sale to non-retail gets 28 percent demand for shares offered.

🎯 Elpro Internaitonal
Company is looking to sell 1.25 % equity in PNB Metlife Insurance Company. It currently owns 12.75 % equity in the company.

🎯 Future Consumer :
The company has redeemed 600 redeemable NCDs to the tune of Rs.60 crore on March 16, 2018.

🎯 ITC :
The Supreme Court has upheld sale of Park Hyatt Goa to ITC.

🎯 Rcom :
SC to hear case against Bombay High Court order.

🎯 GAIL :
GAIL plans pipeline to link Northeast India to National Gas Grid.

🎯 Canbank :
CBI files FIR against Former MD and Executive Directors in a fraud case.

🎯 DSK Developers :
BSE suspends trading in DS Kulkarni developers.

🎯 UltraTech :
Ultratech makes Rs.7266-cr out-of-court offer to Binani Cement.

🎯 Uttam Galva :
Company offers 51% of outstanding loan to avoid asset auction.

🎯 BGR Energy :
Company bags Rs.87.68 cr order from TANTRANSCO.

🎯 Datamatics Global :
Company to consider interim dividend on March 22, 2018.

🎯 Nitesh Estates :
Blackstone to buy 80% in Nitesh Estates' Pune mall for Rs.310cr.

🎯 GTL Infra :
Lenders agree to sell of firm's assets.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

19 Mar, Morning Brief

Market may open flat to negative and continue to slide if breaks 10140 level on the closing basis.

🎯 News & Impact 🎯

🎯 Gail :
IOC, BPCL may buy 26% stake each in Gail.
Positive for the stock. 👍

🎯 Zydus :
Company receives final approval from the USFDA for Omeprazole and Sodium Bicarbonate Capsules.
Positive for the stock. 👍

🎯 Ashoka Buildcon :
Company's subsidiary Ashoka Concession emerged as lowest bidder for NHAI project.

🎯 Thermax :
Company won order worth Rs.503 crore for co-generation plants In Haryana and Punjab.

🎯 Zee Entertainment :
Company calls off acquisition of 9x Media, INX Music.

🎯 SBI / ICICI Bank :
SBI sold, ICICI Bank bought 4.4 % equity in Clearing Corporation for Rs.143 crore.

🎯 Videocon Industries clarified that it is evaluating process to sell stake in Brazil oil block.

🎯 REC :
Company launches USD 300 mln dollar-dominated bonds.

🎯 Tata Motors :
Company delivers 25 hybrid electric buses to MMRDA.

🎯 M&M :
M&M, Ford India may firm up JV pact by Month-end.

🎯 Grasim Industries :
Company increases Epoxy plant capacity to 1,23,097 MT per annum.

🎯  Gujarat Fluoro :
Gujarat fluorochemicals approves offer for sale for 6.1 percent equity of Inox Wind at price of Rs 115 each.

🎯 K.P. Energy :
Company recommends bonus shares issue.
Positive for the stock. 👍

🎯 UPL :
Company’s stake in Brazil’s Sinagro Group falls to 45 % from 49 percent.

🎯 TV Today :
Company to sell three radio stations with ISHQ 104.8FM to ENIL.

🎯 Orchid Pharma :
Company received three bids under insolvency proceedings.

🎯 Sona Koyo :
Sona Koyo Engineering’s promoter JTEKT Corporation to sell about 47 lakh shares on March 19,20 via offer for sale route.

🎯 Axis Bank :
Bank reviewed and retained MCLR rates across all tenors. The one-year MCLR has been set at 8.4 %.

🎯 Ramky Infra :
The company has bagged an EPC order of Rs.939.4 crore From NHAI In Srinagar.

🎯 YES Bank :
The bank has said that Life Insurance Corporation has raised stake in firm By 2.03% To 9.62%.
Positive for the stock. 👍

🎯 Speciality Restaurants :
Anjan Chatterjee to hand over operations to son.

🎯 Parag dairy :
UP govt to increase milk processing capacity of Parag dairy.

🎯 Entertainment Network :
Company signs pact with Adline Media

🎯 Hindustan Infralog :
Company acquires 90% stake in Continental Warehousing.

🎯 Shilpa Medicare :
USFDA issues EIR for Shilpa Medicare's formulations manufacturing.

🎯 Adani Enterprises :
Company incorporates wholly owned subsidiary, Adani Transport (ATL) on March 16, 2018

🎯 Liberty House’s bid for ABG rejected.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

15 March, Morning Brief

Market will open on lower side as SGX Nifty is trading 30 points down.

🎯 News & Impact 🎯

IPOs :
ICICI Securities IPO opens on Mar 22, fixes price band at Rs 519-520

Bharat Dynamics IPO subscribed 46% on second day of bidding

Bandhan Bank raises Rs 1,342 cr from anchor investors.

🎯 MMTC :
Company to consider and approve the proposal for issue of bonus share on March 19.
Positive for the stock. 👍

🎯 Havells :
Havells India signs agreement with Hyundai Electric for manufacturing Magnetic Contactors.

🎯 Sintex :
Sintex Plastics Technologies allots 6.67 crore convertible shares to promoter Star Line Leasing on preferential basis.

🎯 Wipro :
Wipro to sell hosted data center services operations to U.S. based Ensono for $405 million.

🎯 Infosys :
Infosys is planning to open technology and innovation hub in Connecticut.

🎯 Asian Granito :
Company to enter into joint venture with a local partner to establish 10,000 meters per day GVT manufacturing unit in Andhra Pradesh.

🎯 Majesco :
Company to provide digital platform to Kookmin Best Insurance Co.

🎯 NMDC :
Company to consider first interim dividend on March 17.

🎯 Welspun Enterprises :
Company says NHAI to undertake re-bidding for Tamil Nadu highway project.

🎯 Aditya Birla Capital :
Company says ARC business receives certificate of registration from RBI.

🎯 Andhra Bank :
The lender has kept 1-Year MCLR At 8.4 percent.

🎯HDFC Life :
Company gave 31,65,606 options as ESOPs at Rs 10 face value.

🎯 Yes Bank :
Malaysia based IHH is said to be eyeing the 17 percent stake it purchased in Fortis Healthcare.

🎯 Tata Communication :
Company to deploy 15,000 street lights on IoT network in 5 yrs.

🎯 Tata Teleservices :
Company to phase out CDMA service in Delhi from Mar 19.

🎯 Bharti Airtel :
Company approves allotment of debentures to raise Rs.3,000 cr

🎯 Himadri Speciality :
Company to invest additional Rs.1,000 cr in Bengal.

🎯Jet Airways :
Company adds 144 new weekly flights this summer.

🎯 TVS Motors :
Company launches Apache RTR 160 4V priced at Rs.81,490.

🎯 Network 18 Media :
RBI gave No objection for merger of foreign wholly owned subsidiaries in to company.

🎯 Tata Motors, Bharat Forge and Motherson Sumi :
After imposing import tariffs on steel and aluminium, US President Donald Trump has hinted at wider reciprocal tariffs to arrest imbalances in duties and trade flows with focus on the automobile sector. Tata Motors, Bharat Forge and Motherson Sumi have exposure to the US market.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

13th March, Morning Brief

Market may open on a flat note after yesterday's bounce back.

🎯 News & Impact 🎯

🎯 TCS :
Tata Sons to sell 28.3 million TCS shares at Rs.2,872–2,925 per share.

🎯 ACC Ambuja Cements :
The two Indian units of LafargeHolcim —  said they plan to enter into a ‘master supply agreement’ with each other. The agreement is for supply of cement, clinker and raw materials such as fuels, fly ash, slag, gypsum and spare parts.

🎯 Infy  :
Infosys to voluntarily delist American Depositary Shares from some Euronext exchanges and Euronext London Exchanges.

🎯 Bharti Airtel :
The company has approved a plan to raise about Rs 16,500 crore through debt, including a fresh issue of $1 billion in overseas bonds, to help refinance loans and pay for spectrum

🎯 NBCC :
Company says no charges proved against chairman Mittal after CBI Probe.

🎯 Power Grid :
Company enters into term loan facility agreement with State Bank of India worth Rs.5,000 crore.

🎯 Andhra Bank :
Bank says exposure to Sterling group of companies at Rs 1,147 crore.

🎯 JSPL board to meet on March 16 to consider QIP.

🎯 Videcon Industries :
Financially distressed Videocon Group may give up India rights for two global brands — Philips in the TV business and Electrolux in appliances — after being unable to sustain production without working capital, which has caused a steep decline in sales, three senior industry officials said.

🎯 Bata India :
Sebi has directed Bata on Monday to conduct an inquiry into the leak of price-sensitive financial information.The regulator has asked the company to take action against those responsible for the leak and strengthen its internal processes.

🎯 Aviation stocks :
Government grounds Airbus A320neo planes with new Pratt & Whitney engines.

12 Mar, Morning Brief

Gap up opening expected as SGX Nifty is trading up by 133 points as strong performance on global cues.

🎯 News & Impact 🎯

🎯 Rcom :
CCI approved the acquisition of Reliance Communication’s towers, optic fibre cable, right to use spectrum and media convergence nodes by Reliance Jio.
Positive for the stock. 👍

🎯 Coal India :
Board meeting approved payment of Interim Dividend at Rs.16.50 shares.
Positive for the stock. 👍

🎯 Goa Carbon :
Revoked suspension for 3 months at Goa plant for manufacturing of upto 20,000 mt of CPC.
Positive for the stock. 👍

🎯 Avanti Feeds, Apex Frozen Foods, Waterbase :
U.S. Department of Commerce has suggested a hike in anti-dumping duty on Indian shrimp to 2.34 % from 0.84 %. Indian shrimp exporters subject to new rates.
Negative for the stocks.

🎯 Aarti Drugs :
One of the unit of the company has been adversely affected due to massive explosion, the unit contributed around 16% to total revenue for period ended Dec, 2017.
Negative for the stock.

🎯 SpiceJet :
Company signed deal with CFM International for $12.5bn for purchase of LEAP -1B engine order for 155 737 MAX airplanes.
Add on long term service agreement.

🎯 NTPC :
may buy Bihar State Power Holding Co for Rs.3000cr.

🎯 Equitas Holding :
Penalty of Rs.1 mn by RBI omission to obtain prior RBI approval for distribution of third party products like MF etc.

🎯 JSW :
JSW Group unit to buy 50 % stake in GMR owned IPL cricket team - Delhi Daredevils.

🎯 Bhushan Steel :
Company clarified that Chairman BB Singhal appeared before SFIO on March 8.

🎯 Wilmar Sugar :
Company to make an open offer to acquire additional 49.8 crore shares, representing 26 % equity in Shree Renuka Sugars at a price of Rs.16.29 each (premium of 4.75 % from Friday's closing price).

🎯 Linde India :
Inauguration of first food lab for South Asia and ASEAN in Andhra Pradesh.

🎯 DHFL :
Company proposes to issue NCDs worth Rs 500 cr with an additional Rs.250 cr of greenshoe option.

🎯 Dolphin Offshore :
Enterprise bagged order worth Rs.6.75 crore from RAL, Malaysia.

🎯 STC India :
NPA of Rs 19.29cr on bank borrowing from Indian Bank and Union Bank.
It is in the process of restructuring.

🎯 Wipro :
Acquisition completed in Denim Group, US based leading application security solution provided on March 9, 2018.
Investor Ellioot Management buys tiny stake in the company.

🎯 Power Grid :
Company won contract to establish transmission system for “New WR-NR 765 kV Inter-Regional Corridor”.

🎯 Bharti Airtel :
RBI imposed panalty of Rs.5 crore on Airtel Payments Bank.

🎯 PC Jewellers :
Opening of 5 new stores in Haryana, Delhi and UP.

🎯 Bharat Wire Ropes :
Company seeks to raise Rs.50 crore via equity or debt.

🎯 Tata Motors :
Tata motor's group global wholesales up 18 % YoY to 1.21 lakh units in February.

🎯 Bharti Airtel :
Company received NCLT approval for merger of Telenor with self.

🎯 ARSS Infrastructure :
Company bagged work order worth Rs. 15.44 crore.

🎯 Amber Enterprises :
Company to acquire 70 % in Ever Electronics.

🎯 MOIL :
Company approved the setting up ferro alloy plants at Balaghat and Gumgaon for Rs.418.8 crore.

🎯 Oriental Bank Of Commerce to increase some marginal cost loan rates by 5-15 basis points from March 12.

🎯 Peninsula Land :
Company to acquire additional 6.4 % stake in Hem Infra for Rs 13.79 crore.

🎯 Bandhan Bank :
IFC and IFC FIG to sell 1.2 percent of total 5 percent stake in Bandhan Bank through the proposed IPO of the lender that opens from March 15, reported PTI.

🎯 Aarti Drugs :
Company said that its unit in Tarapur MIDC got affected by explosion. The affected plant contributed about 16% to the company's total revenue as of Dec. 31.

🎯 ONGC :
Company to sell stake in Gujarat Petrochem project to fund HPCL acquisition.

🎯 Arvind :
Company promoter Aura Securities pledged 42.50 lakh shares, or 1.64 % stake in favor of Bajaj Finance against loan to be availed.

🎯 Consortium of Jet Airways, France-KLM and Delta is understood to have expressed interest in national carrier Air India.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

9th March, Morning Brief

Another positive opening can be witnessed today as SGX Nifty is trading up by 41 points.

If Thursday’s low of 10146 is defended then eventually this pull back shall get extended up to 10440 levels. 

On the daily chart, a hammer, which is a bullish reversal pattern is formed after a decline. The long lower shadow of the Hammer signifies that it tested its support where demand was located and then bounced back.

Traders will get some encouragement with report that the direct tax collections jumped by nearly 20 % between April and February this fiscal as the Income-Tax Department races to meet its full year targets. The net direct tax receipts grew by a hefty 19.5 % in the first 11 months of the fiscal amounting to Rs.7.44 lakh crore. Net corporate income tax collections increased by 19.7 % in the period, while personal income tax receipts grew by 18.6 %

🎯 News & Impact 🎯

🎯 L&T Finance :
L&T hikes stake in L&T Finance to 66.1 % from 64.1 % earlier.
Positive for the stock. 👍
L&T Finance QIP opens today with a floor price of Rs.161.79 per share.

🎯 Equitas Small Finance Bank :
RBI Imposes Rs.10 lakh penalty on equitas Small Finance Bank
Penalty For Non-compliance With One Of The Licensing Conditions Stipulated By RBI.

🎯 Bank of Baroda :
Credit exposure of Rs.147 cr in 4 accounts, which is mere 0.03675% of total bank's advances.

🎯 Bank of India :
Lent Rs.23 cr to 2 Gupta companies.

🎯 PNB :
PNB may be given one year to provision against Rs.12,700 crore fraud.

India asks REC, PFC not to grant loan to discoms with heavy losses.

🎯 Fortis :
Axis Bank acquires 1.84 million shares in Fortis via invocation of pledge. It held 3.55 % in Fortis as of Feb. 23.

🎯 InterGlobe Aviation :
Company says it is in the process of reviewing the CCI penalty and is considering an appeal.

🎯 SpiceJet :
Company says it is examining the CCI penalty and is considering appeal.

🎯 IDFC Bank :
Bank raises MCLR by 15-25 bps across all tenors effective today.

🎯 TCS :
Gansu Bank, China goes live with TCS BaNCS for its fund and investment banking operations.

🎯 Global Offshore :
Company receives order worth Rs.10 crore for one of its vessels for three years, starting April 2018.

🎯 Filatex India :
Company starts commercial production of synthetic yarn at Dahej unit.

🎯 GTL Infra :
Company says Aircel has overdue outstanding of over Rs.384 crore towards infrastructure provisioning fees and past settlements.

🎯 Shree Renuka :
Board signs restructuring agreement with banks.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

8 Mar, Morning Brief

A positive opening can be seen as SGX Nifty is trading up by 40 points.
Upside for the Nifty can be capped around 10440 and immediate support would be at 10050 - 10100 levels.

🎯 News & Impact 🎯

🎯 Airtel, Idea :
Airtel, Idea Cellular get spectrum relief from government that will boost cash flow by Rs.55,000 crore.
Positive for the stocks. 👍

🎯 United Breweries :
Heineken looks to buy ED seized Mallya shares in United Breweries to up stake to 58.2 % from 44 % now.
Positive for the stock. 👍

🎯 TeamLease :
Teamlease Services increase in limit of investment by FPI from 24%-75%.
Positive for the stock. 👍

🎯 Amtek Auto :
Liberty House chosen as preferred H1 bidder for Amtek Auto assets.

🎯 Cadila Healthcare :
Cadila health partners with Medicure to launch New Drug Application product, Zypitamag in U.S.

🎯 Canara Bank :
Bank hikes marginal cost loan rates by 10-15 basis points.

🎯 Bharat Dynamics :
Company to raise around Rs.960 crore from IPO.

🎯 Hero MotoCorp :
Company launches new Super Splendor at Rs.57,190 (ex-showroom, Delhi).

🎯 JSW Steel :
Company clarifies it hasn't signed any memorandum of understanding to buy Italy's Aferpi.

🎯 SBI :
RBI imposes Rs.40 lakh penalty on SBI for breach of norms on counterfeit notes.

🎯 Jet Airways, IndiGo and Spice Jet :
CCI imposes penalties collectively worth Rs.55 crore on Jet Airways, IndiGo and SpiceJet for concerted action in fixing fuel surcharge on cargo transport.

🎯 Pidilite :
Pidilite Industries partners with Germany’s Jowat SE for sale and distribution of Jowat adhesives in India and other neighbouring countries.

🎯 Sun Pharma :
Company's Paonta Sahib unit gets good manufacturing certificate from Dutch regulator.

🎯 HDFC :
HDFC to sell 5.1 % stake in Computer Age Management Services Pvt. Ltd.

🎯 3i Infotech :
Company allots 21.05 lakh preferential shares to Bank of Baroda under DRS package.

🎯 Tata Steel :
Company says it is the highest bidder to acquire Bhushan Steel.

🎯 63 Moons Technologies :
Company says Mauritius regulator terminated exchange license.

🎯 Strides Shasun :
Company to launch Ranitidine 75mg (OTC) tablets in U.S.

🎯 Reliance Infra :
Company seeks shareholder nod for raising up to Rs.2,000 crore via QIP.

🎯 Coal India defers meeting to consider interim dividend to March 19.

🎯 Torrent Power :
Company to commission 124.40 MW project for Maharashtra Electricity Distribution Company.

🎯 Marico sells entire 45 % stake in Bellezimo Professionale products for Rs. 1.6 crore.

🎯 Gayatri Projects :
QIP opens today at a floor price of Rs. 211.65 per share.

🎯 Telecom companies :
Cabinet approves restructuring of deferred payment liabilities of telecom operators and raises spectrum limits.

🎯 Bharti Airtel :
Company to consider raising funds via local, foreign bonds.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

7 Mar, Morning Brief

Market will open flat after a massive drop in last half an hour yesterday.
Now for the time-being upsides shall be capped around 10,440 levels and unless this level is crossed on closing basis strength shall not be expected. The support would be considered at 10050 tp 10100 levels.
Yesterday, Europe and US trade war concern hamper the sentiment and traders also got concerned with a private report enlightening that India has signaled a larger fiscal deficit for the federal government for the year to March 2018.

🎯 News & Impact 🎯

Coming IPOs :
Hindustan Aeronautics, Bandhan Bank, ICICI Sec, Bharat Dynamics’ IPO to hit market this month to raise money for Rs. 12,000 cr

🎯 Ultratech Cement :
RBI allows raising FPI limit in Ultratech Cement to 40 % from 30 %.
Positive for the stock. 👍

🎯 Team Lease :
RBI allows raising FPI limit in TeamLease Services to 75 % from 24 %.
Positive for the stock. 👍

🎯 Indian Hotels :
Tata Sons to buy 6.64 % stake in Indian Hotels from promoter entities.
Positive for the stock. 👍

🎯 Dilip Buildcon :
Company wins Rs.917 crore highway project in Jharkhand.
Positive for the stock. 👍

🎯 Sadbhav Infra declared L1 for highway project worth Rs.933.82 crore in Karnataka.
Positive for the stock. 👍

🎯 Avenue Supermart :
CRISIL rating revised from Stable to Positive at CRISIL AA.
Positive for the stock. 👍

🎯 Zee Entertainment :
Company will make partial redemption (20%) of listed bonus preference shares.

🎯 JSW Steel :
Upgraded bond rating from Ba3 to Ba2 by Moody's investor service.

🎯 AU Small Bank :
Company tied up with Aurionpro Solutions to enhance its digital banking offering corporate internet banking and cash anagement platform for SME.

🎯 Lumax Auto :
Lumax Auto Technologies to consider stock split on Mar 23.

🎯 Ashoka Buildcon :
Company unit declared L1 for three road contracts worth Rs.2,991.70 crore in Karnataka.

🎯 Tata Motors :
SEBI asks Tata Motors to strengthen systems and controls; to conduct an inquiry into results’ leakage.

🎯 Speciality Restaurants :
Speciality restaurants opened two new restaurants in Mumbai i.e. Sweet Bengal and Zoodles.

🎯 Millitoons Entertainment :
Company announced acquisition of J & K Hotels, LLC (20% stake) and termination of acquisition agreement of Kirksville Hospitality.

🎯 Ortel Communication :
Company to consider fundraising plan on March 10.

🎯 TCS :
Company says Virgin Atlantic has extended partnership for five years.

🎯 Bharti Airtel :
Airtel acquires the India leg of GBI's India-Middle East-Europe submarine cable.

🎯 Sharon Bio :
Company says operations at Taloja API plant temporarily suspended on the directions of Central Pollution Control Board.

🎯 Bal Pharma :
Company forms joint venture with Australia-based Akaal Pharma for developing veterinary products.

🎯 REC :
Board approves the proposal for sale of subsidiary WE-NR Power Transmission Ltd. to Power Grid.

🎯 Axis Bank :
Bank says exposure to Nirav Modi, Gitanjali Gems at about Rs.200 crore.

🎯 Torrent Pharma :
Company readies 2 billion euros binding offer for Sanofi’s European unit.

🎯 Jubilant Foodworks :
Company enters Bangladesh for Dominos pizza.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

6 Mar, Morning Brief

A gap up opening expected as SGX Nifty is trading up by 47 points.
As mentioned yesterday, Nifty has strong support between 10290 - 10340 levels. Again it's interesting to see whether Nifty can cross recent resistance levels of 10450 & 10550.
Yesterday's candle on daily chart for Nifty signals sort of trend reversal indication.

🎯 News & Impact 🎯

🎯 ONGC :
Company received approval from the Govt. of Mozambique for the development plan of Golfinho-Atum natural gas field in the southern African nation.
Positive for the stock. 👍

🎯 DLF, HDIL :
Land prices rise by 40% along proposed Delhi-Jaipur expressway.
Positive for the stock. 👍

🎯 Bank of Baroda :
Bank leaves MCLR unchanged for March.

🎯 Axis Bank :
RBI imposes Rs.3 crore penalty on Axis Bank for non-compliance of NPA classification norms.

🎯 Indian Overseas Bank :
RBI imposes Rs.2 crore penalty on Indian Overseas Bank for non-compliance of NPA classification norms.

🎯 SBI :
SBI Hong Kong confirms it has no exposure in PNB fraud case.

🎯 HDFC :
QIP closes today. It has issued 1.03 crore equity shares at Rs.1,825 per share.

🎯 Ramco Cements to acquire clinker grinding unit from Ramco Industries for Rs.17 crore.

🎯 Jaypee Infra :
IndusInd Bank invoked 4.3 % Jaypee Infra stake pledged by Jaiprakash Associates.

🎯 Global Offshore :
Company defaults on unsecured demand loan from Axis Bank. The principal amount of Rs.11.26 crore plus interest is outstanding.

🎯 Somany Ceramics :
Board approved plan to merge three units of promoter group with itself.

🎯 Arman Financial :
Company to raise Rs.50 crore through issue of 16.66 lakh compulsory convertible debentures at Rs. 300 each to Saif Partners India.

🎯 JSW Energy :
Company acquires JSW Electric Vehicles.

🎯 Wanbury :
Company says U.S. FDA completes inspection of API facility with five observations.

🎯 JSW Steel :
JSW Steel Signs MoU To Acquire Italy’s Second Largest Steelmaker Aferpi.

🎯 Bank of Baroda :
Bank keeps 1-Year MCLR unchanged at 8.30% from March 7.

🎯 RCom :
Arbitration court bars RCom from selling assets.

🎯 Reliance Infra :
Company claims Rs.5,440 cr from Pipavav Def Founders.

🎯 HDFC Bank :
HDFC Bank hikes bulk deposits rates upto 175bps.

🎯 Arvind :
Company plans apparel parks, textile unit in AP.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers

5 Mar. 2018, Morning Brief

A gap down opening expected as SGX Nifty is trading at 10345 against Thursday's closing of 10442.

🎯 News & Impact 🎯

Auto Sales :
🎯 Hero MotoCorp February sales up 20 % year-on-year to 6,29,597 units.

🎯 TVS Motor February sales up 37 % year-on-year to 2,90,673 units-.

🎯 Power Tillers sales up 65 % YoY to 2,525 units.

🎯 Laurus Labs :
Company said that the U.S.FDA completed inspection of its Unit 2 with zero observations under Form 483, and received maiden approval from the drug regulator for TDF tablets used in the treatment of HIV-1 infection.
Positive for the stock. 👍

🎯 Glenmark :
S&P revises rating from negative to stable.
Positive for the stock. 👍

🎯 HDFC Bank :
Bank may launch it's equity share sale of upto $ 2.5 billion (around Rs. 15000 crore) in fortnight while HDFC AMC could file draft for an IPO.
Positive for the stock. 👍

🎯 Aurobindo Pharma received Form 483 from the U.S. FDA for its Unit IV with nine observations.

🎯 Coal India’s coal production stood at 54.46 million tonne in February, while the coal offtake was 49.97 million tonne. It failed to achieve its set target.

🎯 Fortis Healthcare :
Manipal Health Enterprises set to buy Fortis Healthcare for Rs 6,500 crore.

🎯 NMDC :
NMDC cut lump ore prices by 3.2 %, and fine prices by 3.62 %.

🎯 Wipro :
Wipro to acquire 33.33 % stake in the U.S. based application security solution provider, Denim group for $8.8 million.

🎯 IOC :
Company has bid for a stake in Vietnami Binh Son Refining & Petrochemical Company.

🎯 Poly Medicure :
Company started commercial production at its Haryana plant.

🎯 Punjab National Bank :
PNB raised interest rates by 10-45 basis points on various tenures.

🎯 Dilip Buildcon :
Company received Letter of Award by NHAI for two new hybrid annuity projects in Karnataka worth Rs 4,473 crore.

🎯 JBM Auto board approved scheme of amalgamation of JBM Auto Systems and JBM MA Automotive with self.

🎯 L&T Finance :
L&T Finance to consider issue price for preferential issue to L&T on March 7.

🎯 HealthCare Global Enterprises :
Company entered into an agreement with promoter to buy a cancer care hospital for Rs.52 crore.

🎯 Reliance Naval :
According to RBI circular, company loans will be either classified as irregular or sub-standard.

🎯 Fortis Healthcare gets notice from Serious Fraud Office seeking information and documents.

🎯 Welspun Enterprises :
Appointed date for NHAI project is Feb 28, 2018.
The EPC contract is worth Rs.897 cr.

🎯 GSFC :
Commissions film grade Nylon 6 project on Feb 28. The plant has capacity of 15 MT per day of Film grade Nylon. Also commissions Caprolactam Quality Improvement Project on Feb 28.

🎯 Allahabad Bank :
Bank clarifies that they have informed the exchanges about exposure worth USD 366.87mn to PNB fraud.

🎯 Can Fin Homes :
RBL officials with The representatives from KPMG and EY met the mgmt of the Company and meeting was arranged by Canara Bank Meeting was done to understand business model of the Company.

🎯 Canara Bank :
Bank approves infusion of Rs.4865 cr by Govt. of India.

🎯 Piramal Enterprises :
Company approves transfer of certain assets and liabilities to subsidiary for net consideration of Rs.1729.48cr.

🎯 HCL Infosystems :
Company approves slump sale of “DigiSchool business undertaking”, part of the subsidiary of the company on going concern basis.

🎯 Religare :
Company receives letter from SFIO that MCA has ordered an investigation in the affairs of the Company

🎯 HDFC Bank :
Bank seeks to raise USD 2.5 bn via share sale.

🎯 IDBI Bank :
Bank may initiate insolvency process against Orissa Slurry pipeline

🎯 Adani Gas plans direct listing of shares.

Edited by Sharp.
© 2018 Sharp Investment & Financial Advisers