..... . VALI disclosures . .....: 12/06/25, nifty levels & stocks to watch

Thursday, June 12, 2025

12/06/25, nifty levels & stocks to watch

PhonePe Private Limited is likely to sell up to a 5% equity stake worth Rs 476 crore in CE Info Systems, with a floor price set at Rs 1,750 per share, reports CNBC-TV18 quoting sources. As of March 2025, PhonePe holds an 18.74% stake in the company.

Zydus Lifesciences

The company has received the Establishment Inspection Report (EIR) from the US FDA for the inspection conducted at its API manufacturing facility in Ankleshwar. The US health regulator inspected the facility during March 10–14, and the inspection has been classified as No Action Indicated (NAI). The USFDA has concluded that this inspection is "closed."

Nazara Technologies

Axana Estates LLP, Plutus Wealth Management LLP, and Junomoneta Finsol have announced an open offer for the acquisition of up to 2.4 crore equity shares (26% stake) of Nazara Technologies at an offer price of Rs 990 per equity share.

Sterlite Technologies

The company, through its Global Services Business (the demerged business vertical), in consortium with Dilip Buildcon, has entered into an agreement with Bharat Sanchar Nigam Limited (BSNL) for a RS 2,631.14 crore telecom project. The agreement pertains to the design, supply, construction, installation, upgradation, operation, and maintenance of the middle-mile network under BharatNet for the Jammu & Kashmir and Ladakh telecom circles – Package 13.

HG Infra Engineering

The company has been declared the lowest bidder for the role of Transmission Service Provider to establish an inter-state transmission system for the Eastern Region Generation Scheme – I (ERGS-I) in Odisha, by PFC Consulting, a wholly owned subsidiary of Power Finance Corporation. Transmission charges for the project are set at Rs 43.11 crore per year.

Hindustan Copper

The company has announced a capital expenditure plan of Rs 2,000 crore over the next 5–6 years, along with a mine capacity expansion from 4.35 MTPA to 12.20 MTPA by FY31. It has also increased its exploration budget, leading to the addition of 123 million tonnes of copper ore reserves and resources in the past two years, and plans to continue adding more. The company is actively acquiring promising copper deposits in India and abroad by participating in upcoming mineral auctions.

Angel One

Ketan Shah has resigned from the role of Chief Sales and Revenue Officer – Assisted Business, as well as from the position of Whole-Time Director and Key Managerial Personnel of Angel One, including his roles on committees of the Board, due to personal reasons. His resignation will be effective from July 18.

Cyient

Cyient Foundation, the CSR arm of Cyient, has signed a Memorandum of Understanding (MoU) with the All India Council for Technical Education (AICTE) to establish an innovation cluster in Visakhapatnam, Andhra Pradesh. Under the MoU, the pilot program will focus on transforming higher education institutions in and around Visakhapatnam into vibrant hubs of innovation by fostering collaboration between academia, industry, startups, and investors.

ICICI Bank

ICICI Bank has sold its entire shareholding of 18.8% in equity shares of NIIT Institute of Finance Banking and Insurance Training (NIIT-IFBI), an associate of the bank, to NIIT for Rs 6.11 crore. Consequently, NIIT-IFBI has ceased to be an associate of the bank.

Maruti Suzuki India

The National Company Law Tribunal (NCLT), New Delhi, has approved the first motion application of the scheme of amalgamation. The NCLT also approved the amalgamation of Suzuki Motor Gujarat, a wholly-owned subsidiary, into and with Maruti Suzuki India.

Canara Bank

The PSU lender has reduced its Marginal Cost of Funds Based Lending Rate (MCLR) across all tenures by 20 basis points, effective June 12.

Kellton Tech Solutions

The Board of Directors of Kellton Tech Solutions is scheduled to meet on June 19 to consider raising funds through the issuance of equity shares, warrants, or other equity-linked securities. The board will also consider altering the share capital of the company by sub-division or split of existing equity shares.

GMM Pfaudler

GMM Pfaudler's subsidiary, Pfaudler GmbH, has completed the acquisition of a 51% stake in GMM Inox sp. z o.o., Poland.

Honeywell Automation

SBI Funds Management increased its equity stake in Honeywell Automation to 5.036% from 4.99%, following the acquisition of 3,260 equity shares via an open market transaction on June 10.

source: icharts & money control

No comments:

Trade Cycles

The four important features of Trade Cycle are (i) Recovery, (ii) Boom, (iii) Recession, and (iv) Depression!

The trades cycle or business cycle are cyclical fluctuations of an economy. A full trade cycle has got four phases: (i) Recovery, (ii) Boom, (iii) Recession, and (iv) depression. The upward phase of a trade cycle or prosperity is divided into two stages—recovery and boom, and the downward phase of a trade cycle is also divided into two stages—recession and depression.

Phases of Trade Cycle:

The phases of trade cycle are explained with a diagram:

(1) Recovery:

In the early period of recovery, entrepreneurs increase the level of investment which in turn increases employment and income. Employment increases purchasing power and this leads to an increase in demand for consumer goods.

As a result, demand for goods will press upon their supply and it shall, thereby, lead to a rise in prices. The demand for consumer’s goods shall encourage the demand for producer’s goods.

The rise in prices shall depend upon the gestation period of investment. The longer the period of investment, the higher shall be the price rise. The rise of prices shall bring about a change in the distribution of income. Rent, wages, interest do not rise in the same proportion as prices.

Consequently, the margin of profit improves. The wholesale prices rise more than retail prices. The prices of raw materials rise more than the prices of semi-finished goods and the prices of semi-finished goods use more than the prices of finished goods.

(2) Boom:

The rate of investment increases still further. Owing to the spread of a wave of optimism in business, the level of production increases and the boom gathers momentum. More investment is possible only through credit creation. During a period of boom, the economy surpasses the level of full employment and enters a stage of over full employment.

(3) Recession:

The orders for raw materials are reduced on the onset of a recession. The rate of investment in producers’ goods industries and housing construction declines. Liquidity preference rises in society and owing to a contraction of money supply, the prices falls. A wave of pessimism spreads in business and those markets which were sometime before sellers markets become buyer’s markets now.

(4) Depression:

The main feature of a depression is a general fall in economic activity. Production, employment and income decline. The prices fall and the main factor responsible for it is, a fall in the purchasing power.

The distribution of national income changes. As the costs are rigid in nature, the margin of profit declines. Machines are not used to their full capacity in factories, because effective demand is much less. The prices of finished goods fall less than the prices of raw materials.

✳Reality Tips to Traders

1)Trading in the stock market is a marathon. 2)Protecting your capital is key. (Learn to protect first) 3)Making 0 on the day is better than losing 50k 4)Losses happen; they are part of this business. 5)It’s not you vs. the market. It’s you VS you. 6)You are your biggest enemy; learn to be mentally disciplined. 7)Don’t follow the majority; follow the correct path. 8)Traders without a stop loss end up not being traders for long. 9)There is always another trade. 10)The big money is made waiting for the right set-ups. 11)Waiting for the right trade is the most powerful strategy. 12)It is better to cut a loss than to wait to be proven right. 13)Position sizing can make or break you. 14)Worry about the downside before you even think about the upside. 15)Don’t listen to headlines

..BANKING TERMINOLOGY

There are various types of Banks: PSU Banks, Private Banks, Co-operative/Regional Banks, Small Finance Banks and Foreign Banks. When you deposit money in a bank, let's say the bank gives you an interest rate of 4%. But when the bank lends out this money, they lend it out at say, 12%. The difference of 8% in the above scenario is effectively the profit of the bank! The loans that do not pay interest for 90 days are known as Non-performing Assets. Banks have to provide for such bad loans. Structure of a Bank Asset for a Bank: The asset portion of a bank's capital includes cash, government securities, and interest-earning loans (e.g., mortgages, letters of credit, and inter-bank loans). Liabilities for a Bank: The bank's main liabilities are its capital (including cash reserves and, often, subordinated debt) and deposits. The latter may be from domestic or foreign sources (corporations and firms, private individuals, other banks, and even governments). Banks are required to maintain Liquidity with the Reserve Bank of India: SLR (Statutory Liquidity Ratio): It is the money a bank needs to preserve in the form of cash, gold or government Bonds before providing credit customers. This limitation is added by RBI on banks to make funds available to customers on-demand at your earliest convenience. Banks are required to maintain SLR at 18%. CRR (Cash Reserve Ratio): Banks are required to hold a certain proportion of their deposits in the form of cash. Banks don’t hold these as cash with themselves, but deposit such amounts with RBI / currency chests. CRR rate is at 4.5% currently. Repo Rate: The rate at which the RBI lends short-term money to the banks. The RBI through its Monetary Policy committee changes the repo rate to balance growth and Inflation. Reverse Repo rate: The rate at which banks park their short-term excess liquidity with the RBI. Now let us understand various terminologies for Banks Net Interest Income (NII): This is the spread the bank makes on its lending. It is calculated as Interest Income – Interest Expended Net Interest Margin (NIM): This is the spread the bank makes on its lending. It is the earning which is left after deducting the cost paid to depositors from its yields on Loans. This is denoted in % terms. The formula is Yield on Loans – Cost of funds Capital Adequacy Ratio (CAR): The capital adequacy ratio (CAR) is a measure of a bank's available capital expressed as a percentage of a bank's risk-weighted credit exposures. Essentially, it is the Capital that is available to lend. Tier I Capital – In simple words this capital is freely available with the bank to lend out. Tier II Capital- This is the capital tied up somewhere and is less freely available to lend. In case of an adverse event, the bank can use this capital to lend. Under Basel III norms, a bank’s tier 1+tier 2 capital must be a minimum of 8% of its risk-weighted holdings. The minimum capital adequacy ratio, also including the capital conservation buffer, is 10.5%. Current Account Saving Account (CASA)- There is no interest paid on the Current Account and a small interest rate is paid on a savings account. The combination of both is called CASA which shows the liabilities of the bank on which it pays relatively less interest. Deposits: Bank deposits are a savings product that customers can use to hold an amount of money at a bank for a specified length of time. In return, the financial institution will pay the customer the relevant amount of interest, based on how much they choose to deposit and for how long. Now let us come to NPA. Gross NPA (GNPA): It is the total loans on which no payment has been paid for 90 days or more. GNPA % is usually shown in each Bank’s quarterly results. The percentage is basically the GNPA amount as a % of the total advances. Slippages: Slippages denote the fresh amount of loans that have turned bad in a year. The slippage ratio of a bank is calculated as Fresh accretion of NPAs during the year /Total standard assets at the beginning of the year multiplied by 100. Provisioning Coverage Ratio (PCR): This is the ratio of provisioning to GNPA and indicates the extent of funds a bank has kept aside to cover loan losses. For Instance, a company has GNPAs of Rs 100 and they have set aside 50 Rs, then the PCR is 50%. Net NPA (NNPA): The total figure left after deducting provisions made for bad loans from GNPA. (GNPA – Provisions+upgrades/writeoffs = NNPA) Special Mention Account (SMA) SMA-0 is a category in which stress with respect to the principal and interest has remained overdue for a period of 0 to 30 days. SMA-1 is a category in which stress with respect to the principal and interest has remained overdue for a period of 30-60 days. SMA-2 is a category in which stress with respect to the principal and interest has remained overdue for a period of 60-90 days

..... . VALI disclosures . .....

Pages

logo

Thursday, June 12, 2025

12/06/25, nifty levels & stocks to watch

No comments:

Today's

04/08/25, Benchmark indices Sensex and Nifty climbed higher in opening trade on Monday, tracking a firm trend in the Asian markets and buying in auto and metal stocks.

.

Translate