Stocks in News: HEROMOTO, MOIL, JKPAPER, TFCIL, BPCL, GOPALSNACKS, BLUESTAR

AHMEDABAD, 2 FEBRUARY:

Latent Views: Net Profit at Rs 50.1 cr vs Rs 41.9 cr, Revenue at Rs 278 cr vs Rs 230 cr (YoY) (Positive)

Hero Motocorp: Total sales rose 26% YoY to 5,57,871 units versus expectations of 5,40,000 units. (Positive)

MOIL: Company’s board has approved the formation of a joint venture with Madhya Pradesh State Mining Corporation for manganese ore mining in Madhya Pradesh. (Positive)

India Homes: Lloyds Enterprises has purchased 71 lakh shares in the company at Rs 13.8 per share (Positive)

JK Paper: Company raised Rs 1500/MT across all paper packaging Board Products (Positive)

Quess Corp: Company receives a tax demand of Rs. 160 crore from the Income Tax Department. (Neutral)

TFCIL: Company will act as an investor for up to 5% of the corpus of Oxyzo Credit Fund I. (Neutral)

Devyani International: Company to consider fund raise on Feb 4 (Neutral)

List of stocks included in the short term ASM Framework: Manorama. (Neutral)

List of stocks excluded from ASM Framework: Orient Technologies. (Neutral)

Balkrishna Industries Ltd Ex-Date Monday, Interim Dividend – Rs. – 4.0 (Neutral)

 Bharat Petroleum Corporation Ltd Ex-Date Monday, Interim Dividend – Rs. – 10.0 (Neutral)

Gopal Snacks Ltd Ex-Date Monday, Interim Dividend – Rs. – 0.35 (Neutral)

LT Foods Ltd Ex-Date Monday, Interim Dividend – Rs. – 1.0 (Neutral)

Metro Brands Ltd Ex-Date Monday, Interim Dividend – Rs. – 3.0 (Neutral)

Siyaram Silk Mills Ltd Ex-Date Monday, Interim Dividend – Rs. – 3.0 (Neutral)

Cochin Shipyard Ltd Ex-Date Tomorrow, Interim Dividend – Rs. – 3.50 (Neutral)

GPT Infraprojects Ltd Ex-Date Tomorrow, Interim Dividend – Rs. – 0.75 (Neutral)

Garden Reach Shipbuilders Ltd Ex-Date Tomorrow, Interim Dividend – Rs. – 7.15 (Neutral)

Symphony Ltd Ex-Date Tomorrow, Interim Dividend – Rs. – 2.0 (Neutral)

Vaibhav Global Ltd Ex-Date Tomorrow, Interim Dividend – Rs. – 1.50 (Neutral)

Blue Star: Company stated that it detected unauthorised access to its product installation data and has taken immediate steps to restrict access after becoming aware of the incident. (Negative)

Oil upstream stocks: Brent Crude falls 2% after OPEC announcement (Negative)

(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)

(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ/ ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)