12,224.55-127.8
Stock Analysis, IPO, Mutual Funds, Bonds & More

Stocks in the news: BEML, Adani Green, PNB, UPL, Mphasis and NLC India

Zuari Agro Chemicals on Saturday said its Chief Financial Officer Samrat Sen has resigned.

ETMarkets.com|
Updated: Dec 16, 2019, 08.11 AM IST
0Comments
Shutterstock.com
Stock
Software services provider Mphasis has said the terms of its contract with top revenue contributor DXC Technology is intact.
NEW DELHI: Nifty futures on the Singapore Exchange traded 12.50 points, or 0.10 per cent, lower at 12,137, indicating a muted start for Dalal Street.Here are a few stocks which may buzz the most in today’s trade:

BEML: The Centre is likely to sell 28 per cent of its stake in BEML Ltd through strategic disinvestment and retain 26 per cent after the dilution of its shareholding in the public sector undertaking, a senior company official said.

Adani Transmission: The company has received a Letter of Intent for a power transmission project in Maharashtra. The Letter of Intent (LoI) to ATL has been awarded under a tariff based competitive bidding model from Maharashtra State Electricity Transmission Company Ltd (MSETCL).

NLC India: State-owned NLC India Limited said it is planning to invest more than Rs 17,000 crore for its thermal power projects and has embarked upon afforestation programme inside and outside the coal mining area in Odisha.

Adani Green: After selling 205 megawatt (MW) of its operational solar energy portfolio to the Adani Group, the Essel Group has reached an agreement to sell the remaining 480 MW — currently under construction — to Adani Green Energy, two people with direct knowledge of the development said.

PNB: Public sector lender Punjab National Bank (PNB) under-reported its non-performing assets by Rs 2,617 crore for the fiscal year 2018-19, as per RBI's risk-assessment report.

UPL: Agrochemical firm UPL has received the environment clearance from the government for its Rs 353.43 crore pesticide unit expansion project in Bharuch district of Gujarat, according to official documents.

Mphasis: Software services provider Mphasis has said the terms of its contract with top revenue contributor DXC Technology is intact and that there were “no changes from a contractual perspective” until 2027.

HUL: GlaxoSmithKline (GSK) Plc is exploring its exit from Hindustan Unilever Limited (HUL), the Indian unit of Unilever Plc, early in the New Year, said people with knowledge of the matter. This comes about a year after the former’s publicly traded nutrition business, GSK Consumer Healthcare, agreed to merge with the country’s largest pure play consumer goods company, said multiple people aware of the matter.

PTC India Financial Services (PFS): The NBFC has received Rs 145 crore as part of resolution of its stressed loan account in the thermal power segment. The long-term infrastructure financing company said it has recovered Rs 145 crore from Prayagraj Power Generation Company Ltd (PPGCL).

TCS, TechM: Britain’s ruling conservative party, led by Boris Johnson, has won the general election with a thumping majority. Top Indian software services firms like TCS, HCL Technologies, Tech Mahindra and Mindtree get 20-40 per cent of revenue from Europe. However, some of the companies which have set up shop in the UK for gaining access to the European markets too, may have to rework their business plans.

NMDC: The coal ministry said it has allocated one mine each to state-run firms National Mineral Development Corporation (NMDC) and Rashtriya Ispat Nigam Ltd (RINL).

Zuari Agro: Zuari Agro Chemicals said its Chief Financial Officer Samrat Sen has resigned. The company has accepted Sen's resignation and December 14 is his last day in the service, it said in a BSE filing.

CG Power: Citing regular board approvals for various inter-corporate loans, former CG Power Industrial Solutions' non-executive chairman Gautam Thapar has refuted allegations of fund misuse amid alleged governance lapses coming under the regulatory scanner, according to documents submitted by him to the government.

Insider Buys:
  • Aditya Birla Fashion and Retail Limited: Abfrl Employee Welfare Trust has bought 16,10,832 shares through Market Purchase from Dec 4, 2019 to Dec 10, 2019.
  • Chambal Fertilizers & Chemicals Limited: Earthstone Holding (Two) Private Limited has bought 40,000 shares through Market Purchase on Dec 10, 2019.
  • Electrosteel Castings Limited: Electrocast Sales India Ltd has bought 2,50,000 shares through Market Purchase from Dec 9, 2019 to Dec 10, 2019.
  • Future Consumer Limited: Rajnikant Sabnavis has bought 1,00,000 shares through Market Purchase on Nov 28, 2019.
  • IDFC First Bank Limited: Randeep Singh has bought 30,000 shares through Market Purchase from Dec 4, 2019 to Dec 11, 2019.
  • Max Ventures and Industries Limited: Siva Enterprises Private Limited has bought 4,75,809 shares through Market Purchase from Dec 9, 2019 to Dec 11, 2019.
  • Menon Bearings Limited: Aditya Menon has bought 31,358 shares through Market Purchase from Nov 15, 2019 to Dec 10, 2019.
  • Music Broadcast Limited: Jagran Prakashan Limited has bought 17,000 shares through Market Purchase on Dec 11, 2019.
  • Oriental Hotels Limited: Dodla Amit Reddy has bought 60,969 shares through Market Purchase from Dec 5, 2019 to Dec 10, 2019.
  • Persistent Systems Limited: Pspl Esop Management Trust has bought 15,500 shares through Market Purchase from Dec 10, 2019 to Dec 11, 2019.
  • Srikalahasthi Pipes Limited: G.K.Investments Limited has bought 25,000 shares through Market Purchase on Dec 10, 2019.
  • Subex Limited: Subex Employee Welfare And Esop Benefit Trust has bought 3,81,970 shares through Market Purchase from Dec 11, 2019 to Dec 12, 2019.
  • Summit Securities Limited: Swallow Associates Llp has bought 19,892 shares through Market Purchase from Dec 4, 2019 to Dec 10, 2019.
Insider Sells:
  • CKP Leisure Limited: Prafulla Bhat has sold 2,00,000 shares through Market Sale on Dec 10, 2019.
  • CREDITACCESS GRAMEEN LIMITED: Anshul Sharan has sold 20,000 shares through Market Sale on Dec 11, 2019.
  • HDFC Bank Limited: Bhavesh Zaveri has sold 62,000 shares through Market Sale from Dec 10, 2019 to Dec 11, 2019.
  • HDFC Bank Limited: Chakrapani Venkatachari has sold 18,000 shares through Market Sale on Dec 10, 2019.
  • ICICI Bank Limited: Anirudhi Kamani has sold 25,000 shares through Market Sale on Dec 11, 2019.
  • ICICI Bank Limited: Goutam Sanyal has sold 25,000 shares through Market Sale on Dec 11, 2019.
  • ICICI Bank Limited: N. R. Narayanan has sold 90,000 shares through Market Sale from Dec 10, 2019 to Dec 11, 2019.
  • ICICI Bank Limited: Prasanna Balachander has sold 20,000 shares through Market Sale on Dec 11, 2019.
  • JB Chemicals & Pharmaceuticals Limited: Dr. Milind Joshi has sold 15,000 shares through Market Sale on Dec 11, 2019.
  • L&T Finance Holdings Limited: Kripa Iyer has sold 26,400 shares through Market Sale on Dec 5, 2019.
  • Usha Martin Limited: Apurv Jhawar has sold 45,000 shares through Market Sale from Dec 10, 2019 to Dec 11, 2019.
Note: Disclosure made under Reg 13(4), 13(4a) of SEBI (IT) regulations 1992.

Bulk and Block Deals :
Blg Tickers Date Company Name Acquirer/Seller Buy /Sell Qty Traded Price
AGROPHOS 13-Dec-19 Agro Phos India Limited Marfatia Nishil Surendra Buy 50,000 144.46
AGROPHOS 13-Dec-19 Agro Phos India Limited New Leaina Investments Limited Sell 146,000 144.54
APHS 13-Dec-19 Apollo Hospitals Enterprise Ltd Birla Mutual Fund Buy 700,000 1352.16
BCG 13-Dec-19 Brightcom Group Limited Akg Finvest Limited Buy 3,800,000 7.21
BCG 13-Dec-19 Brightcom Group Limited Ritu Goenka Sell 3,800,000 7.21
IHFL 13-Dec-19 Indiabulls Housing Finance Limited Tower Research Capital Markets India Private Limited Buy 44,800 304.30
JSP 13-Dec-19 Jindal Steel & Power Ltd Tower Research Capital Markets India Private Limited Buy 168,528 142.59
KIC 13-Dec-19 KIC Metaliks Ltd Radhey Shyam Jalan Buy 200,000 24.63
KIC 13-Dec-19 KIC Metaliks Ltd Bindal Finvest Private Limited Sell 220,000 24.69
MGF 13-Dec-19 Motor & General Finance Ltd Gee Gee Holding (p) Ltd Buy 202,434 36.82
MGF 13-Dec-19 Motor & General Finance Ltd Anjali Gupta Sell 202,703 36.82
NRYS 13-Dec-19 Narayani Steels Limited Chirag Narendra Modh Buy 96,379 30.15
NRYS 13-Dec-19 Narayani Steels Limited Choice Boards Pvt Ltd Sell 100,000 30.15
RELHOME 13-Dec-19 Reliance Home Finance Limited Axis Trustee Services Limited Sell 2,880,347 2.75
Note: Insider Buy/Sell is as defined by SEBI Insider Trading Regulations, 1992 Bulk Deal is defined as any trade in which quantity transacted is more then 0.5% of the companies equity shares listed on the exchanges. The above mentioned data is not completely Extensive as relatively smaller trades have been excluded. (Edelweiss Alternative Research)
Comments
Add Your Comments
Commenting feature is disabled in your country/region.

Other useful Links


Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service