Stocks For Today: Future Retail, Nestle, TCS, Wipro, SIS

Stocks For Today: Future Retail, Nestle, TCS, Wipro, SIS ndian equities began the new trading week on a strong note, courtesy outperformance from private financials as well as PSU Banks. The S&P BSE Sensex ended 1.2% higher, closing above the mark of 52,000 for the first time ever at 52,154. The NSE Nifty 50 index also gained 1% to close at 15,314. Both Sensex and the Nifty ended at a record high.

Stocks For Today: Future Retail, Nestle, TCS, Wipro, SIS Here are the stocks to trade today

  • Shriram City Union Finance Stocks For Today: Has approved the issue of secured NCDs of face value of Rs 10 lakh each each for an amount of Rs 30 crore with green shoe option upto Rs 95 crore aggregating up to 1,250 NCDs amounting to Rs 125 crore on Private Placement basis.
  • TCS: Has launched a Neural Automotive and Industrial Experience Center in Michigan, to help customers reimagine their businesses and accelerate innovation. The new center includes an automotive garage set-up with access to the latest technologies for customers and partners to experiment, co-innovate, build prototypes, and launch solutions in an agile manner.
  • Future Retail Stocks For Today: The Securities Appellate Tribunal has stayed SEBI’s order that restricted Future Group founder Kishore Biyani, his brother Anil Biyani and Future Corporate Resources Pvt., along with other individuals from accessing the securities market for a year, according to two lawyers privy to the development. It has directed the entities to deposit an amount of Rs 11 crore and will hear the matter in April, the two people told BloombergQuint on the condition of anonymity. The SAT order has yet to be made public.
  • SIS Stocks For Today: Approved buyback of 18.18 lakh shares, representing 1.24% of total paid-up equity capital of the company as on March 31, 2020, having a face value of Rs 5 each at a maximum price of Rs 550 each, for an aggregate amount not exceeding Rs 99.99 crore. The buyback offer price of Rs 550 is at a premium of 29.10% to Monday’s closing price.
  • Wipro: Has announced a five-year strategic partnership with Telefónica Germany/O2. Wipro will work with Telefónica Germany/O2 and its wider ecosystem to transform its Business Support Systems and associated Quality Assurance to enable superior customer experience and growth in the B2B market segment. Wipro will also invest in developing a state-of-the-art digital Business Support platform that will fuel Telefónica Germany’s growth and provide the company with an outcome-based, committed plan.
  • Tech Mahindra Stocks For Today: Has announced a strategic partnership with Telefonica Germany/O2, a leading telecommunications provider from Germany, to drive their end-to-end IT transformation. Tech Mahindra will provide a ‘digital first’ experience by leveraging Out of the Box process libraries and its capabilities across digital technologies like Business Support Systems, Customer Experience, Cloud, Data & Analytics and Artificial Intelligence. This multi-year engagement involving modernisation of existing stacks based on cloud native products will accelerate Telefonica Germany’s digital journey.
  • Mazagon Dock Shipbuilders Stocks For Today: Delivered the third Scorpene Submarine of Project P-75 on February 15 to the Indian Navy, subsequently to be commissioned into Indian Navy as INS Karanj.
  • Titan: CaratLane Trading, a subsidiary of the company, has incorporated a wholly owned subsidiary namely StudioC Inc. in the state of Delaware, USA and accordingly it has become a step down subsidiary of Titan effective February 11, 2021. CaratLane will subscribe to the share capital of $150,000.
  • Poly Medicure: Launched QIP issue on Monday in order to raise funds. The floor price of Rs 550.79 is a 12% discount to Monday’s closing price. The company may or may not offer a discount of 5% on the floor price as per its discretion. The board will meet again on February 18, 2021 to determine the issue price of the QIP.
  • Railtel Corporation of India: IPO opens for subscription today. It has allotted 2.6 crore shares to Anchor investors at 94 rupees each. Some key Anchor Investors include HDFC Life, Nippon Life India, Goldman Sachs India among others.
  • Nifty Earnings: Nestle India
  • Non Nifty Earnings: Varun Beverages, Schaeffler India, R Systems International

Pledge Share Details

  • Chambal Fertilisers & Chemicals: Promoter Zuari Global revoked pledge of 2 lakh shares on February 11.
  • Jamna Auto Industries: Promoters (Map Auto and Pradeep Singh Jauhar) revoked pledge of 36.39 lakh shares on February 11.
  • Jindal Steel & Power: Promoter OPJ Trading created a pledge of 21.31 lakh shares on February 9.
  • JSW Energy: Promoters (JSW Investments and Indusglobe Multiventures) revoked pledge of 5.44 crore shares on February 10.
  • Adani Transmission: Promoter Adani Tradeline LLP revoked pledge of 10.90 lakh shares on February 12. As Reported On February 15.

Bulk Deals

  • JSW Holdings: Aquarius India Opportunities Fund bought 1.11 lakh shares (1%) at Rs 4,247.14 per share.
  • Magma Fincorp: Param Capital sold 15 lakh shares (0.56%) at Rs 103.1 per share.
  • Safari Industries (India): Motilal Oswal Equity Opportunities Fund bought 1.90 lakh shares (0.85%) at Rs 540 per share. Motilal Oswal Asset Management Company bought 6.10 lakh shares (2.73%) at Rs 540 per share. Sundaram Mutual Fund bought 1.41 lakh shares (0.63%) at Rs 540 per share. Tano India Private Equity Fund II sold 11 lakh shares (4.92%) at Rs 540 per share.

Who’s Meeting Whom

  • Eicher Motors: To meet Janus Henderson on February 18 and Vontobel Asset Management and BFAM Partners on February 19.
  • UTI AMC: To meet Lord, Abbett LLC on February 17.
  • Trent: To meet Limiar Capital on February 17.
  • Gland Pharma: To meet Mondrian Investment Partners on February 19.
  • Titan Company: To meet Martin Currie Investment Management on February 16 and Fidelity Management & Research (Hong Kong) on February 18.
Bulk Deals
  • JSW Holdings: Aquarius India Opportunities Fund bought 1.11 lakh shares (1%) at Rs 4,247.14 per share.
  • Magma Fincorp: Param Capital sold 15 lakh shares (0.56%) at Rs 103.1 per share.
  • Safari Industries (India): Motilal Oswal Equity Opportunities Fund bought 1.90 lakh shares (0.85%) at Rs 540 per share. Motilal Oswal Asset Management Company bought 6.10 lakh shares (2.73%) at Rs 540 per share. Sundaram Mutual Fund bought 1.41 lakh shares (0.63%) at Rs 540 per share. Tano India Private Equity Fund II sold 11 lakh shares (4.92%) at Rs 540 per share.

Who’s Meeting Whom

  • Eicher Motors: To meet Janus Henderson on February 18 and Vontobel Asset Management and BFAM Partners on February 19.
  • UTI AMC: To meet Lord, Abbett LLC on February 17.
  • Trent: To meet Limiar Capital on February 17.
  • Gland Pharma: To meet Mondrian Investment Partners on February 19.
  • Titan Company: To meet Martin Currie Investment Management on February 16 and Fidelity Management & Research (Hong Kong) on February 18.

Insider Trades

  • Adani Green Energy: Promoter Harmonia Trade and Investment acquired 25 lakh shares on February 12.
  • CG Power and Industrial Solutions: Promoters (A Venkatachalam, Arun Murugappan Children’s Trust, Arunachalam Murugapan, MA Murugappan Holdings LLP and Vedika Meyammai Arunachalam) acquired 2.38 lakh shares between February 11-12.
  • Confidence Petroleum India: Promoter Essenn LPG Bottling acquired 5 lakh shares on February 10.
  • BLS International Services: Promoter Shikhar Aggarwal acquired 73,200 shares on February 12.
  • Godrej Agrovet: Promoter Godrej Industries acquired 7,755 shares on February 10. As Reported On February 15.

Trading Tweaks

  • Price Band Revised From 20% To 10%: Route Mobile
  • Ex-Date Interim Dividend: Nilkamal, Acrysil, Share India Securities, TCI Express, GPT Infraprojects, Gulf Oil Lubricants India, Torrent Power
  • Record Date Interim Dividend: Balkrishna Industries, Silly Monks Entertainment, Galaxy Surfactants, Torrent Pharmaceuticals, Hikal, Hero MotoCorp, Minda Industries, Minda Corporation, Praveg Communications (India)
  • Move Into Short-term ASM Framework: Greenply Industries, Anant Raj Global, Olectra Greentech
  • Move Out Of Short-term ASM Framework: Prince pipes and Fittings
  • Move Into ASM Framework: Geojit Financial Services, Jain Irrigation Systems
Stocks For Today: Future Retail, Nestle, TCS, Wipro, SIS via @goldsilverrepor
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