Stock Market 31-Jan-2020

Stock Market 31-Jan-2020

Stock Market Update

Corporate News-

Axis Bank to raise up to Rs 4,175cr via NCDs.

L&T's construction arm bags 'large' order from Narmada 

Valley Development Authority.

HPCL nearly uses entire FY20 capex in just nine months.

DHFL siphoned off Rs 13K cr through 1 lakh fake borrowers, 

according to the Enforcement Directorate.

USFDA cautions Aurobindo Pharma's oral solids formulation 

facility of regulatory action.

Management Speaks-

Welspun India’s flooring business will be a game changer, 

according to Altaf Jiwani, Director and Chief Financial 

Officer, Welspun India.

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Stock Market 30-Jan-2020

Stock Market 30-Jan-2020

Stock Market Update

Corporate News-

BHEL charts strategic plan to address business challenges.

Jupiter Asset Management Ltd raises red flags over Godfrey Phillips India's governance standard.

JSW Infrastructure invests Rs 300 crores on its first container terminal at NMPT.

Tata Sons may bank on TCS to clear teleservices AGR dues.

Reliance Industries launching new project to use plastics in road construction.

IDBI Bank to raise Rs 1,500cr via bonds.

Management Speaks-

Gold loan & MFI industry faring well in current environment according to VP Nandakumar, MD and CEO, Manappuram Finance.

N Ravi Vishwanath, CFO, TeamLease mentioned that the worst is over for telecom staffing.

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Stock Market 29-Jan-2020

Stock Market 29-Jan-2020

Stock Market Update

Corporate News-

Sachin Bansal resigns from Ujjivan Small Finance Bank board.

Piramal's contract research arm to invest 25 million 

Canadian dollars to expand Aurora facility.

Tata Group to set up charging stations, battery plant in 

India EV push.

CIL gets green nod for 17 mining projects.

HDFC plans to invest Rs 100cr per year in tech startups.

Cipla, PAG eye Wockhardt’s formulations business.

Management Speaks-

Wockhardt says restructuring underway to raise funds said 

Habil F Khorakiwala founder, chairman and group CEO of 

Wockhardt.

Roadmap for private participation key to spur growth says VD 

Mhaiskar, CMD, IRB Infrastructure Developers.

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Sensex tumbles 458 pts, Nifty below 12,150, factors behind market pain.

Stock Market 27-Jan-2020

Sensex tumbles 458 pts, Nifty below 12,150, factors behind market pain.

The domestic stock market tumbled on Monday weighed down by weakness in global equities, as rising concerns over fast-spreading coronavirus dampened demand for riskier assets. Investors on Dalal Street also chose to stay on the sidelines ahead of Union Budget 2020.BSE benchmark Sensex fell 1.10 pe cent or 458.07 points to 41,155.12, while Nifty ended at 12,119.00, down 129.25 points or 1.06 per cent.

Flight to safety: Risk was off the table as investors grew increasingly anxious about the economic impact of China’s spreading virus outbreak, and demand rose for safe haven assets.

Global markets: The large-scale risk aversion sent markets across the globe lower. Japan's Nikkei average slid 2 per cent, logging its biggest one-day fall in five months. The US S&P 500 mini futures were last down 1 per cent, having fallen 1.3 per cent in early Asian  

Market at a glance

Market breadth was negative with three shares declining for every two that advanced.

BSE Healthcare was the only sectoral index to close in the green, as it advanced 1.43 per cent. Wockhardt Pharma rallied 18.01 per cent, as the company reported quarterly profit for the first time in three years.

As many as 21 out of 30 Sensex stocks closed lower. Tata Steel and IndusInd Bank were the top losers, as they slumped 4.31 per cent and 3.37 per cent respectively. Ahead of December quarter earnings, Maruti Suzuki edged 0.24 per cent higher.

Anil Ambani-led companies logged declines. Reliance Home Finance, Reliance Power, Reliance Capital and Reliance Infrastructure dropped 4.68 per cent, 4.83 per cent, 4.99 per cent and 4.78 per cent respectively.

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Stock Market 27-Jan-2020

Stock Market 27-Jan-2020
Stock Market Update

Corporate News-

ED issues fresh summons to Air Asia CEO, other executives in PMLA case.

SC stays NCLAT order dismissing RoC plea in the Tata-Mistry case.

AGR dues: Telcos may have to pay principal and penalty amounts immediately.

Management Speaks-

Sandeep Kishore, MD, and CEO, Zensar Technologies, said it expects industry-level growth in Q4 and is committed to delivering 15 percent margins in FY21 at the operating level.

Seshagiri Rao, Joint MD & Group CFO at JSW Steel said Current steel prices are sustainable.

Stock Market 24-Jan-2020

Stock Market 24-Jan-2020

Stock Market Update

Corporate News-

UP clears decks for PepsiCo's Rs 500 crore potato chips plant.

Innovations in fashion present $20-30 bn investment opportunities.

JSW Steel plans to raise up to Rs 1,000 crore through issuance of NCDs.

Volkswagen in Canada ordered to pay CAN$196.5 mn over emissions scandal.

Management Speaks-

Rajiv Bajaj, MD, Bajaj Auto recommends 3 steps to revive growth in auto industry.

Rohit Gupta, CFO of Zee Entertainment, said that weakness in consumer sector led to de-growth in ad revenue.

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Stock Market 23-Jan-2020

Stock Market 23-Jan-2020

Stock Market Update

Corporate News-

Big-box retailers turn to small stores amid soaring rentals, red tape.

We will be India's largest renewable energy player in 2020: Adani Group.

Credit Saison, Capital Float to provide digital financing to Indian SMEs.

Hindustan Zinc to invest $15 million for high-end digitization at its mines.

Management Speaks-

Venkat Jasti, chairman and CEO of Suven Life Sciences, eyeing monetisation via molecules, Suven Neurosciences IPO.

Salil Parekh, CEO Infosys, says deal pipeline is extremely strong.

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Stock Market 21-Jan-2020

Stock Market 21-Jan-2020

Stock Market Update

Corporate News-

AGR: Voda Idea, Bharti Airtel file modification petition in Supreme Court.

Ashok Leyland invests Rs 500 crore for BS-VI transition, new platform.

CCI clears Reliance's divestment of Jio telecom tower assets to Brookfield.

Amazon India to include 10,000 e-vehicles in its delivery fleet by 2025.

Management Speaks-

Chandra Shekhar Ghosh, MD & CEO  of Bandhan Bank said that budget 2020 likely to be good, help economic growth.

Rajesh Gopinathan, CEO of TCS said that the company is doubling down the investments in the life sciences and healthcare space.

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Stock Market 20-Jan-2020

Stock Market 20-Jan-2020

Stock Market Update

Corporate News-

RBI should act as lender of last resort, provide liquidity to NBFCs: SBI.

IRDAI chief cautions insurers against predatory pricing.

Telecom dues: Curative petitions rarely admitted, say analysts.

Sterlite Technologies to continue to look for buyout targets.

NHIDCL awards Rs 2,379 crore Z-Morh Tunnel in J-K to APCO Amarnathji Tunnelway: Official.

Management Speaks-

"Certain that we do not have to pay any AGR dues" - Gajendra Singh, Director-marketing at GAIL & Chairman of IGL.

 “See scope for improvements in subsidy system” – Fertilizer Secretary Chhabilendra Roul.

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Stock Market 14-Jan-2020

Stock Market 14-Jan-2020

Stock Market Update

Corporate News-

Q3 earnings preview: Benign raw material prices to aid FMGC players' margins; volume growth to be tepid.

December retail inflation reaches 7.35%, breaches RBI's upper end target.

Blackstone to invest ?380 crore in Allcargo Logistics’ warehousing business.

Slowdown is widespread, but uptick in consumption not far away, says ITC boss Sanjiv Puri.

Siemens to support Australian coal project despite protests.

Management Speaks-

"See revival in demand for HCVs; expect 8-9% AUM growth for FY20, says Shriram Transport Finance," – Umesh Revankar, MD, 

Shriram Transport Finance.

 “Robust international sugar prices to help propel domestic market up” – Tarun Sawhney, VC and MD of Triveni Engineering.

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Pradyuman Park Rajkot

Pradyuman Park Rajkot

Pradhyuman Zoological Park, Rajkot 

Pradhyuman Zoological Park is located near Lalpari Lake in Rajkot, Gujarat. It is commonly referred to as the Pradhyuman/Rajkot Prani Sanghralaya. The area covered by the park is 137 acres wide. Many locals and tourists visit this place as a popular picnic destination as an excursion or a school tour visit. The two lakes surrounding the park – Lake Lalpari and Lake Randarda provide a natural habitat for migratory birds along with the variety of flora and over thirty-five thousand trees. There are in-built necessities and cafes. Golf carts are provided for senior citizens. There is an extra charge for availing cameras and video-recorder inside the park.

Timings and Entry Fee 

Pradhyuman Zoological Park is open from 9:00 AM to 6:00 PM throughout the week except for Fridays. The entry fee for children is INR 10, for adults is INR 25 and for foreigners is INR 50.

There is an extra charge for availing cameras and video-recorders inside the park – the fee is INR 200 for videos and INR 100 for pictures.

The best time to visit the park is from in-between February to June.

About the Park 

Pradhyuman Zoological Park is also referred to as Pradhyuman/Rajkot Prani Sanghralaya. The Rajkot Municipal Corporation maintains it.

In order for its visitors to explore the park at a leisurely pace, there are in-built sheds, lavatories and drinking water cubicles available. The restaurants and cafes act as much needed energy reserves that help explore the 137 acres wide patch of land.

In order to make sightseeing easier for senior citizens and disabled people, the park avails a golf cart or a battery car run by a guide, thereby multiplying the joy of exploration two-fold and making it convenient. The park is flanked by two lakes – Randarda Lake and Lalpari Lake twinkling magnificently to the rays of the sun.

Pradhyuman Zoological Park is also home to around thirty – five thousand trees, all belonging to a varied variety of species. It is also a popular picnic destination.

Address and Contact Details 

Near Marketing Yard, Lalpari Lake, Rajkot, Gujarat – 360003

Contact details: 7567724236

Flora and Fauna 

Pradhyuman Zoological Park is widespread with a varied species of flora and fauna. There are migratory birds that can be spotted if visited in the winter season. The major attractions of the park are wild cats like leopards, lions of Gir and tigers. Other animal attractions include crocodiles, chinkara, black-bucks, sambar and the four-horned antelopes. There aren’t a lot of species of birds apart from the migratory birds. However, the park houses parrot, sparrows and pelicans.

Pradhyuman Zoological Park is located 5 km from the city center of Rajkot, Gujarat. This distance can be covered via autos and private vehicles. The approximate time required to cover this distance is 15 minutes.

The nearest bus stand from the park is the Rajkot Bus Stand in Patel Nagar, Arya Nagar at a distance of 3.7 km. This distance can be covered via autos and private vehicles. The approximate time required to cover this distance is 10 minutes.

The nearest railway station from the park is the Rajkot Railway Station on Junction Plot at a distance of 5.4 km. This distance can be covered via autos and private vehicles. The approximate time required to cover this distance is 18 minutes.

The nearest airport from the park is the Rajkot Airport on Civil Aerodrome at a distance of 7.1 km. This distance can be covered via pre-booked or hired cabs from the airport. The approximate time required to cover this distance is 23 minutes.

Stock Market 10-Jan-2020

Stock Market 10-Jan-2020

Stock Market Update

Corporate News-

Jet Airways bid receives 2nd EoI days ahead of January 15 deadline, co expects more.

Madras HC concludes hearing on Vedanta plea challenging closure of Sterlite plant.

Religare Finvest to open up on how much of its debt is unsustainable after RBI’s sanction.

SoftBank in talks to sell majority stake in India renewables JV.

MTNL shareholders' approve Rs 6,500cr NCD issue, monetisation of land and buildings.

Management Speaks-

Paytm not interested in buying stake in Yes Bank: Vijay Shekhar.

No immediate pressure from new players but outlook remains weak: Coal India.

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Stock Market 09-Jan-1920

Stock Market 09-Jan-1920

Stock Market Update

Corporate News-

Maruti Suzuki production up 7.88% in December at 1,15,949 

units.

Muthoot Fincorp looks to raise Rs 480 crore via fifth issue 

of NCDs.

India opens up coal mining further.

India bans import of refined palm oil: Govt notification.

Management Speaks-

FY20 GDP advance estimate: Expect downward revision going 

forward, says SBI’s Soumya Kanti Ghosh.

HDFC to invest Rs 250cr in stressed assets fund for realty 

sector: Keki Mistry.

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Stock Market 06-Jan-2020

Stock Market 06-Jan-2020

Stock Market Update

Corporate News-

Adani Ports will buy a 75 percent stake in the all-weather deep-water port in Andhra Pradesh at an enterprise value Rs 13,572 

crore.

Titan said it witnessed “reasonable growth in the festive season” between November and January.

Sobha informed the exchanges that it sold nearly 10.66 lakh square feet of real estate in December quarter.

Dixon Technologies will partner with Samsung for manufacturing of LED TVs.

Reliance Capital disclosed Rs 18,766 crore worth of long-term and short-term debt as on December 2019.

Management Speaks-

Rajesh Sharma, chairman and managing director of the Ion Exchange said they expect robust order inflow given government's 

push on water infra.

Ravi Vishwanath, CFO of TeamLease Services said they plan to exit govt biz over time; hiring largely seen in sectors like 

BFSI, fintech, retail.

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