Stock Market Trade Tips for 31 July : Things to know

The Sensex closed 335 points down at 37,736.07 and the Nifty ended 101 points lower at 11,102.15 levels.

According to pivot charts, the key support level for the Nifty is placed at 11,023.8, followed by 10,946.4. If the index moves up, the key resistance levels to watch out for are 11,238.8 and 11,376.4.

High Delivery Stocks List

Results on July 31

State Bank of India, Tata Motors, Sun Pharmaceutical Industries, Indian Oil Corporation, UPL, 63 moons technologies, Birla Tyres, Deepak Fertilisers, Future Lifestyle Fashions, Future Supply Chain Solutions, JSW Energy, Just Dial, Dr Lal PathLabs, McLeod Russel, MEP Infrastructure Developers, Mahindra Holidays & Resorts, Motilal Oswal Financial Services, Nelco, NIIT, Reliance Communications, Reliance Capital, Reliance Home Finance, RPG Life Sciences, Tata Chemicals, Tata Metaliks, Thyrocare Technologies, UCO Bank, Ujjivan Small Finance Bank, Vakrangee etc.

Stocks in the news :

Reliance Ind : The company reported profit of Rs 13,248 crore and revenue stood at Rs 1,00,929 crore in Q1.

Torrent Pharma: Q1 profit stood at Rs 321 crore and revenue at Rs 2,056 crore.

Kesoram Industries: Board approved raising up to Rs 2,000 crore via equity and debt.

Indian Overseas Bank: Board approved raising up to Rs 500 crore through equity and Rs 1,500 crore in Tier II capital.

Adani Power: Competition Commission of India approved the company's 49 percent stake buy in Odisha Power.

Dynemic Products: Patel Dashrathbhai Prahladbhai HUF sold one lakh shares in the company at Rs 200.03 per share.

Stock Market Trade Tips for 30 July : Things to know

Sensex and Nifty takes strong losses today, a day ahead of the July series ended.The Sensex closed with a strong loss of 422 points at 38,071.13 and Nifty settled at 11,202.85, down 98 points.

According to pivot charts, the key support level for the Nifty is placed at 11,121.27, followed by 11,039.73. If the index moves up, the key resistance levels to watch out for are 11,312.87 and 11,422.93.

High Delivery Stocks List

Results on July 30

Reliance Industries, HDFC, Dabur India, Ajanta Pharma, LT Foods, Dhampur Sugar Mills, Eros International Media, Essel Propack, Gujarat Fluorochemicals, Gateway Distriparks, GMR Infra, ITDC, Jain Irrigation Systems, JM Financial, Jaypee Infratech, Laurus Labs, Mahindra Logistics, Max Financial Services, National Fertilizers, Piramal Enterprises, Reliance Infrastructure, Reliance Power, SRF, Tata Communications, Tata Steel, Torrent Pharmaceuticals etc.

Stocks in the news :

Bharti Airtel: Q1 loss widens to Rs 15,933 crore.

CEAT: Q1 loss at Rs 34.8 crore, revenue at Rs 1,120 crore.

TVS Motor: Q1 loss at Rs 139.1 crore, revenue at Rs 1,431.7 crore.

InterGlobe Aviation: Q1 loss at Rs 2,844.3 crore, revenue at Rs 766.7 crore.

Gateway Distriparks: The Rs 116 crore rights issue opens on July 30.

Mindspace Business REIT IPO subscribed 12.96 times, today ( last day )

The initial public offer (IPO) of Mindspace Business Parks REIT subscripted 12.96 times on today, last day of the offering data from stock exchanges show.

Mindspace Business REIT had set a price band of Rs 274-275 per share and the IPO closed today.

The portion of shares reserved for institutional investors subscribed 10.61 times, while shares reserved for other investors subscribed 15.77 times.

Justdial Buyback will hit the market on 04th Aug with attaractive price of Rs 700/Share.

JUSTDIAL LIMITED ANNOUNCED BUY-BACK OF UP TO 31,42,857 FULLY PAID-UP EQUITY SHARES OF FACE VALUE OF Rs 10 EACH ("EQUITY SHARES"), REPRESENTING UP TO 4.84% OF THE TOTAL NUMBER OF EQUITY SHARES OF THE PAID-UP EQUITY SHARE CAPITAL OF THE COMPANY, ON A PROPORTIONATE BASIS, FROM THE ELIGIBLE SHAREHOLDERS HOLDING EQUITY SHARES AS ON JULY 3, 2020 (THE ("RECORD DATE"), THROUGH A TENDER OFFER, FOR CASH AT A PRICE OF Rs 700 (RUPEES SEVEN HUNDRED ONLY) PER EQUITY SHARE FOR AN AGGREGATE AMOUNT OF UP TO Rs 220,00,00,000 (RUPEES TWO HUNDRED TWENTY CRORES ONLY) (THE "BUY-BACK"). THE BUY-BACK SHALL BE UP TO 23.92% OF THE TOTAL PAID-UP EQUITY SHARE CAPITAL AND FREE RESERVES (INCLUDING SECURITIES PREMIUM ACCOUNT) OF THE COMPANY AS PER THE LATEST AUDITED STANDALONE AND CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2019 (BEING THE LAST AUDITED FINANCIAL STATEMENTS AVAILABLE AS ON THE DATE OF BOARD MEETING RECOMMENDING THE PROPOSAL FOR THE BUY-BACK, BEING APRIL 30, 2020). 

Date of Opening of the Buyback Offer	Tuesday, August 04, 2020
Date of Closing of the Buyback Offer	Monday, August 17, 2020
Last date of receipt of the completed Tender Forms and other specified documents including physical Equity Share certificates by the Registrar to the Buyback	Wednesday, August 19, 2020
Last date of completion of settlement by the Clearing Corporation of the Stock Exchange*	Wednesday, August 26, 2020

Trade Tips for 29 July : Things to know

Sensex and Nifty take strong gains on July 28 as per sentiment. Sensex closed with a strong gain of 558 points at 38,492.95 and Nifty settled at 11,300.55 up 169 points.

According to pivot charts, the key support level for the Nifty is placed at 11,195.33, followed by 11,090.17. If the index moves up, the key resistance levels to watch out for are 11,361.73 and 11,422.97.

High Delivery Stocks List

Stocks in news

Yes Bank Q1: Profit at Rs 45.4 crore, NII at Rs 1,908.2 YoY.

Hexaware Q2: Profit at Rs 152.4 crore, revenue at Rs 1,569.1 crore QoQ.

Nestle India Q2: Profit at Rs 486.6 crore, revenue at Rs 3,050.5 crore YoY.

IndusInd Bank Q1: Profit at Rs 460.6 crore, NII at Rs 3,309.2 crore YoY.

RBL Bank Q1: Profit at Rs 141.2 crore, NII at Rs 1,041.3 crore YoY.

IDBI Bank Q1: Profit at Rs 144.3 crore, NII at Rs 1,773.4 croe YoY.

Castrol India Q2: Profit at Rs 65.4 crore, revenue at Rs 490.6 crore YoY.

NIIT Technologies Q1: Profit at Rs 79.9 crore, revenue at Rs 1,057 crore QoQ.

Mindspace Business REIT IPO subscribed 120% on second day

The initial public offer (IPO) of Mindspace Business Parks REIT subscripted 120% on tuesday the second day of the offering data from stock exchanges show.

Mindspace Business REIT has set a price band of Rs 274-275 per share and the IPO closes on 29 July.

The portion of shares reserved for institutional investors was subscribed 83%, while shares reserved for other investors was subscribed 165%.

Mahindra Finance : Rights issue to open on 28 Jul 2020

NBFC Mahindra Finance Rs 3,088.82 crore rights issue will open for subscription on July 28.

The funds collected through this issue will be used to repay certain outstanding borrowings of the company, long-term capital and resources for meeting funding requirements for the company's business activities and for other purposes.

In the quarter ended June, it reported a standalone net profit of Rs 156 crore. During the quarter, its gross NPA stood at 9.19%. Net NPA was at 5.72%.

Mahindra Finance will issue Rs 61.78 crore equity shares of face value of Rs 2 each at a price of Rs 50 per equity share value to Rs 3,088.82 crore on a rights basis. The equity shares will be offered in the ratio of one equity share for every one equity share held by the eligible equity shareholders of the company as on the record date 23 Jul.

The rights issue will close on August 11, 2020.

Trade Tips for 28 July : Things to know

Sensex and Nifty closed with losses today, due to profit-booking in banking and financial stocks as worries over rising coronavirus cases and a surge in bad loans. Sensex closed with a loss of 194 points at 37,934.73 and Nifty settled 62 points lower at 11,131.80.

According to pivot charts, the key support level for the Nifty is placed at 11,071.4, followed by 11,011. If the index moves up, the key resistance levels to watch out for are 11,208.6 and 11,285.4.

High Delivery Stocks Lists :

Stocks in news

Tech Mahindra Q first: Profit at Rs 972.3 crore versus Rs 803.9 crore and revenue at Rs 9,106.3 crore versus Rs 9,490.

NBCC India: The company received orders worth Rs 204 crore.

Mahindra & Mahindra Financial Services: Rights issue of Rs 3,088.8 crore will open on July 28, with a price at Rs 50 per share.

United Spirits Q first : Loss at Rs 241.5 crore and revenue at Rs 3,820.7 YoY.

HSIL Q first: Loss at Rs 17.35 crore versus profit at Rs 14.34 crore, revenue at Rs 251.55 crore versus Rs 439 crore YoY.

Hindustan Media Ventures Q first: Profit at Rs 11.39 crore versus Rs 38.81 crore, revenue at Rs 89.88 crore versus Rs 217.95 crore YoY.

Mindspace Business REIT IPO subscribed 38% till time on NSE and BSE.

The initial public offer (IPO) of Mindspace Business Parks REIT subscripted 38% on Monday the first day of the offering data from stock exchanges show.

Mindspace Business REIT has set a price band of Rs 274-275 per share and the IPO closes on 29 July.

The portion of shares reserved for institutional investors was subscribed 37%, while shares reserved for other investors was subscribed 40%.

MT EDUCARE - Notice of Offer for Sale ( OFS ) opens on 28 Jul 2020

Promoter of MT EDUCARE is selling 17,82,585 shares of face value of Rs.10/- representing 2.47% of total paid-up equity share capital of MT Educare Ltd ("the Company") on July 28, 2020 and July 29, 2020 through sale on separate designated window of exchange.

The Sale shall take place on a separate window of the Stock Exchanges on July 28, 2020 Commencing at 9:15 a.m. and shall close at 3:00 p.m. on the same date. On the T+1 day, Non-Retail Investors who have placed bid on T day may indicate their willingness to carry forward their unalloted bids to T+1 day.

Only Retail Investors shall be allowed to place their bids only on T+1 day. Further, those Non-Retail Investors who have placed their bids on T day and have chosen to carry forward their bids to T+1 day, shall be allowed to revise their bids on T+1 day as per the SEBI OFS Circulars

Floor Price: The floor price of the Offer shall be Rs. 13.00 per equity share of the Company.
 

Trade Tips for 27 July : Things to know

On July 24, The Sensex ended 12 points lower at 38,128.90 and the Nifty closed 21 points down at 11,194.15.

According to pivot charts, the key support level for the Nifty is placed at 11,114.53, followed by 11,034.87. If the index moves up, the key resistance levels to watch out for are 11,249.63 and 11,305.07.

The Nifty Bank index ended 1.83 percent down at 22,662.05 on July 24. The important pivot level, which will act as crucial support for the index, is placed at 22,434.83, followed by 22,207.57. On the upside, key resistance levels are placed at 22,871.73 and 23,081.37.

High Delivery Stocks List 

Results on 27 JUL 2020

Kotak Mahindra Bank, Tech Mahindra, Marico, Bharat Electronics, United Spirits, Havells India, Hindustan Media Ventures, Indian Metals & Ferro Alloys, India Cements, Jaiprakash Power Ventures, MM Forgings, Nippon Life India Asset Management, Orient Electric, Pfizer etc.

Stocks in the news

Schaeffler India Q1: Loss at Rs 42.5 crore versus profit of Rs 82.5 crore, revenue at Rs 438.9 crore versus Rs 1,116.7 crore YoY.

Ambuja Cements Q2: Profit at Rs 453.4 crore versus Rs 412.1 crore, revenue at Rs 2,176.8 crore versus Rs 2,983.6 crore YoY.

Chennai Petroleum Corporation Q1: Profit at Rs 269.9 crore versus loss of Rs 229 crore, revenue at Rs 2,903 crore versus Rs 10,146.8 crore YoY.

JSW Steel Q1: loss at Rs 582 crore versus profit of Rs 1,008 crore, revenue at Rs 11,782 crore versus Rs 19,812 crore YoY.

Reliance Industries: Jio added 15.7 lakh users in April versus 46.9 lakh users in March.

Bharti Airtel: Company lost 52.7 lakh users in April versus 12.6 lakh lost in March.

Vodafone Idea: Company lost 45.2 lakh users in April versus 63.5 lakh lost in March.

HOW TO APPLY IPO ONLINE THROUGH UPI ID

In Current market, many stock brokers and banks are offering their clients to apply IPO online with eligibility criteria through their apps or online  site access.

One the same thing, today i will tell you the procedure to apply IPO online through SHCIL Services ltd website.

Procedure :

1. First open the SHCIL services ltd website through below mention link 

https://www.shcilservices.com/

2. After that click on APPLY E IPO option

3. then select the IPO from list 

4. On the next screen, system will ask you if you have broking account with SSL then fill the UCC otherwise select NO option

5. If you fill UCC then system will pick all your data from SHCIL server then fill UPI ID and through OTP verification submit the application, After submition you will get application number and will get a message from SHCIL on registered mobile number.

6. If you Select NO then on next window fill your all details like name, mobile no, DP Id , Client ID, UPI id etc and after OTP verification your application will be submit and you will get application number.

7. After bidding through SSL, you will get a notification on perticular UPI app such as Phonepe, Google pay, BHIM etc. when you approve the fund block notification, your application will complete on particular exchange such as NSE or BSE.

Mindspace Business REIT IPO opens on July 27 - Things to know

The public offer of Mindspace Business REIT is set to open for subscription on July 27 and the closing date is July 29.

It is the second REIT to come out with IPO after Embassy Office Park REIT which launched its Rs 4,750 crore IPO in March 2019.

The units of the REIT will be listed on both BSE and NSE.

Things to know about the issue:

Mindspace Business Parks REIT, which is an irrevocable trust registered with SEBI as Real Estate Investment Trust, has a quality office portfolio of 295 lakh square feet of office properties in key markets - Mumbai, Pune, Chennai and Hyderabad, which comprises of 230 lakh square feet of completed area, 28 lakh square feet of under-construction area and 36 lakh square feet of the future development area, as of March 31, 2020.

The total market value of its portfolio, which comprises the market value of the portfolio and the facility management division, as of March 2020, as per the valuer, is Rs 23,675.1 crore, company said in its RHP.

The company plans to raise up to Rs 4,500 crore from the issue which consists of a fresh issue of up to Rs 1,000 crore and an offer for sale of up to Rs 3,500 crore by selling unit holders.

The company already raised Rs 1,518.74 crore from anchor investors ahead of its public issue opening. It finalized allocation of 5,52,27,200 units at Rs 275 per unit to anchor investors including Capital Income Builder, Cohen & Steers, Fidelity, Nomura, HSBC Global, Singapore Government among others.

The price band for the public issue has been fixed at Rs 274-275 per share.

Competitive Strengths

Its competitive strengths are as follows:
> Portfolio with significant scale
> Diversified and quality tenant base with long-standing relationships
> Stable cash flows and strong growth potential
> Strong industry fundamentals
> Presence in four key office markets of India.