Corporate News and Updates.

🌹 🌞Good Morning 🌞🌹

Well purchased is easy to hold

Well invested is rarely sold

But a momentum buy is never a hold

Be alert and exit before it turns cold

Kahat Kabira,sunn bhai investor...

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New Rules.....

*50/50 Cash Margin allocation rules are going to be effective from 01-08-2022*

 *According to the new rule of SEBI, there is a change in the margin rule from 01-08-2022*

 *Until today 100% exposure (limit) was available on margin pledged stock, now it will be changed to 50% exposure on margin stock and 50% cash balance. The benefit of the value of the pledged stock will be available up to the value of the ledger balance, irrespective of the value of the pledged stock, the benefit of the pledge will not be available above the ledger balance.*

 *For example if you want to buy a stock worth 1 lakh with a margin of 20% then you should have 20 thousand fully deposited in your account or 10 thousand stock as a pledge and 10 thousand should be deposited in your trading account.*

 *It is no longer available by simply pledging the stock and taking advantage of the margin. A balance equal to the value of the pledged stock must be kept in the trading account if full benefit is to be gained on the stock pledge.*

 *If the case margin is not deposited then two days interest will be charged on that cash margin sortage at 12% per annum which should be noted.*

 *Rs. 50,000/- no interest will be charged on cash margin shortfall. Please note that full amount of interest will be charged on sortages beyond that.*

 *thank you*

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*TOWER TALK*

🍓 *CARE Ratings* to buyback 8% of capital worth Rs 122cr. via the tender route. As per rules, the co. cannot take debts for 2 years. Extinguishment of shares will boost its EPS. *Add.*

🍓 *Century Plyboards* posted a stellar Q1FY23 with NP zooming from Rs. 31.3 cr. to Rs. 92.32 cr. *The share seems poised for a jump. Add.*

🍓 *IndusInd Bank* Q1 PAT beat the Street estimates jumping 64% YoY to Rs 1,603 cr on a 15% higher revenue. *Add for long term.*

🍓 *ITC* has revived its hotel demerger plans, which can lead to good value unlocking for investors. *Add in small quantities.*

🍓 The Govt. has cut windfall taxes on crude and fuel exports. *Positive for Reliance and ONGC. Add.*

🍓 *AU Small Bank* Q1 Net was up 32% on the back of better NII and fall in provisions. *The share still looks a market favourite.*

🍓 *SOM Distilleries* is again in high spirits with the Q1 EPS at Rs. 3.67 v/s Rs. 0.97 in Q4FY22 and YoY jump from a negative Rs. 1.94. *Add.*

🍓 *RBL Bank* posted a turnaround Q1 with PAT at Rs. 201 cr. against a loss of Rs. 459.47 cr. in Q1 FY22. *This stock can be added.*

🍓 *Hindustan Zinc’s* Q1 NP jumped 56% YoY to Rs 3,092 cr. on 44% rise in revenue. The management has reiterated that its working will remain stable for the year. *The beaten down share price provides an opportunity to add.*

🍓 Government plans mega tenders for 50,000 electric city buses. *Ashok Leyland is a good investment bet. Add.*

🍓 *China’s Ferroalloys Industry Association held a virtual meeting* with more than 40 manganese smelters recently confirming a 60% cut in production from July 22. *Positive for Indian company IMFA.*

🍓 *Anantraj Ltd.* is a leading real estate developer in the NCR. Rakesh Jhunjhunwala holds 3.39% & Singapore government holds 2.46% stake in it. The stock has recorded highest ever weekly volumes since Jan 2018. *Something is cooking and the stock may be on fire soon.*

🍓 *Globe Secure Technologies’* cyber security products, appliances and services in the IT space enjoy a good demand since cyber security is the biggest threat these days. Post listing on NSE Emerge, *it has shown one-way up move and is a potential multi-bagger.*

🍓 *ITD Cementation* recommended at Rs.70 jumped to Rs.81.70 within two weeks. Securing orders of Rs. 6000 cr. in Q1, its order book has hit at an all-time high of Rs. 20,000+ cr. Stock has given a strong technical break out on the monthly chart with volumes and *is ready to cross into triple digits soon.*

🍓 *Datamatics Global* is performing steady but is highly undervalued. *It’s a zero debt, cash rich company.*

🍓 *R Systems* is another consistent performer. *Steady growth with frequent buybacks makes it an attractive stock.*

🍓 *Jasch Industries* manufactures PU, PVC synthetic and PU resin products and machines widely used in automotive, upholstery, footwear, leather, technical garments, etc. has expanded its PVC coated fabrics by 20% and notched Q4 EPS of Rs 5.7 and FY22 EPS of Rs 17.9 and is expected to post FY23 EPS of Rs 22+. *Buy for 30% appreciation.*

🍓 *DCM Nouvelle,* engaged in the manufacture of yarn and spinning operations and undergoing capex has notched Q4 EPS of Rs 11.4 and FY22 EPS of Rs 65.6. The share trading at a P/E of 2.7 could appreciate by 30%. *Buy.*

🍓 *Shiva Global Agro Industries* manufactures Trishul, Vardan and Bhumata brands of fertilizers, soil and crop health products, oil, and de-oiled cakes. It has notched 80% higher Q4 EPS of Rs 6.3 and 100% higher FY22 EPS of Rs 16. This could take FY23 EPS to Rs 24. A reasonable P/E of 7x could take its share price to Rs 168. *Buy.*

🍓 *Shiva Mills,* a demerged entity of Shiva Texyarn from the Bannari Amman Group, has notched Q4 EPS of Rs 5.9 and FY22 EPS of Rs.20.4 against FY21 EPS of Rs 9.8. *Buy for a 30% gain.*