Indian Market Outlook:

The Key benchmark indices hold the gain of last 6 weeks during the week, outperforming some of the global markets. Nifty ended the week with 0.26 percent higher at 17369 points while the Sensex ended with 0.3 percent higher at 58305 points. Broader market outperformed the key benchmark indices during the week. BSE Midcap index ended 1.33 percent higher, while the BSE Small cap index rose 1.2 percent. Foreign Institutional Investors were the net sellers during the week; sell equities worth Rs. 1114 crores while the DIIs were the net buyers of Rs.1115 crores. On Thursday Reserve Bank of India (RBI) Governor Shaktikanta Das expressed optimism about the recovery in the Covid-hit economy, stating the current quarter (July-September) will be better than the previous June quarter. Going forward the shortage of semiconductors will see the automobile industry’s production plunge by 110,000 units in September. With Market at its all-time high, we may see some correction in next week hence we would suggest investors to stay invested in fundamentally strong stocks. On Macro front, CPI Inflation and WPI Inflation of India would be announced on 13th and 14th September respectively. Global cues could impact market’s behavior as there are some macroeconomic data are lined up next week like China’s industrial production, US inflation numbers. Also, US FOMC meeting is scheduled on Sep. 21-22 and the central bank will indicate a move to slow down its monthly $120 billion in bond purchases, which have kept rates low and boosted the recovery from the pandemic.

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Latest Spot Price (in US $)

Precious Metal Current Price Change (%) 3 Month 6 Month      1 Year
Gold 1804 -1.43 -3.99 -0.51 -8.40
Silver 24.29 -2.06 -11.70 -7.43 -12.78
Platinum 979.09 -4.38 -16.38 -16.55 6.36
USD/INR 73.42 0.60 0.82 1.35 -2.12
Crude 69.28 -0.01 8.97 12.67 62.71

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Global Weekly Events

Date Region Event Description Forecast Previous
Sep 13,2021 INR CPI (YoY) (Aug) 5.60% 5.59%
Sep 14,2021 INR WPI Inflation (YoY) (Aug)  10.75% 11.16%
Sep 14,2021 USD Core CPI (MoM) (Aug)     0.3% 0.3%
Sep 15,2021       CNY Industrial Production (YoY) (Aug) 7.8% 6.4%
Sep 15,2021       USD Crude Oil Inventories -7.169M
Sep 16,2021       USD Initial Jobless Claims         – 310K

Domestic Economy Indicators

Heading Indicators Current Previous
 RBI Policy Rate Policy Repo Rate 4.00% 4.00%
Reverse Repo Rate 3.35% 3.25%
Bank Rate 4.25% 4.25%
 Reserve Ratio CRR 4.00% 3.50%
SLR 18.00% 18.00%
 Inflation Rate Wholesale Price Index 11.16% 12.07%
Consumer Price Index 5.59% 6.26%
 Trade Data Export ($ Million) 33140 35340
Import ($ Million) 47010 46400
  IIP 13.6% 28.6%

 

 

Domestic Indices Closing (9th

 Sep)

Change %Change
BSE Sensex 58,305.07 175.12 0.30
Nifty 17,369.25 45.65 0.26
Mid Cap 24,705.29 323.10 1.33
Small Cap 27,645.10 339.79 1.24
Bank Nifty 36,683.20 -77.95 -0.21

 

Global Indices Closing (9th Sep) Change %Change
Dow Jones 34,879.38 -489.97 -1.39
Nasdaq 15,248.25 -115.25 -0.75
FTSE 7,047.16 -91.19 -1.28
Nikkei 30,381.84 1,253.73 4.30
Hang Seng 26,180.43 278.44 1.07
Shanghai Com 3,703.11 121.38 3.39

 

 

Net Inflow (Cr) FII DII
06-Sep-2021 -589.36 547.31
07-Sep-2021 -145.45 -136.57
08-Sep-2021 -802.51 0.6
09-Sep-2021 423.44 704.21
Total -1113.88 1115.55

 

Top Gainers Closing Price Prev Close Chg (%)
Grasim Ind. 1597.90 1499.25 6.58
Zee Ent. 183.00 172.65 5.99
Reliance Ind      2425.60 2294.40   5.72
Coal India      148.65 141.60   4.98
Titan Co. 2034.30 1967.10   3.42

 

 

Top Losers Closing Price Prev Close Chg (%)
Indiabulls Hsg        227.45 232.80 -2.30
Yes Bank        10.95 11.15     -1.79
Sun Pharma   776.30 789.95 -1.73
NTPC 114.55 116.50 -1.67
Axis Bank 790.15 802.70 -1.56

Investing, NDTV, BSE, Business Standard, Moneycontrol

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Economic News:

  • Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday expressed optimism about the recovery in the Covid-hit economy, stating the current quarter (July-September) will be better than the previous June quarter. The RBI, he said, is “very serious about anchoring inflation expectations and inflation around the target” of 4%. Sticking to the 9.5% growth projection for 2021-22, the RBI Governor said there is no evidence that asset prices, and to some extent the current high stock prices in India, are actually influenced by excess liquidity.
  • The Finance Ministry on Thursday said it has released the sixth monthly instalment of revenue deficit grant of Rs 9,871 crore to 17 states. Post Devolution Revenue Deficit Grant is provided to the states under Article 275 of the Constitution. The grants are released as per the recommendations of the 15th Finance Commission in monthly instalments to meet the gap in revenue accounts of the states post-devolution. The commission has recommended this grant to the 17 states during 2021-22. The Department of Expenditure has released the sixth monthly instalment of Post Devolution Revenue Deficit (PDRD) grant of Rs 9,871 crore to the states on Thursday, the Finance Ministry said in a statement.

 Industry News:

  • Businesses have already expressed interest to the government in investing around ₹10,350 crores under the production linked incentive (PLI) scheme in the textiles sector announced on Wednesday, according to a person familiar with the development. This accounts for a bit more than half of the ₹19,000 crore investments targeted under the scheme. Wellspun Global Brands Ltd., Arvind Ltd., Century Textiles & Industries and IndoRama Synthetics (India) Ltd. are among them, the person said. Emails sent to the companies on Wednesday seeking comments for the story remained unanswered at the time of publishing.
  • Domestic formula-based natural gas price would rise 57% in its next revision on October 1, triggering another round of steep price hikes for CNG and residential piped gas, ICICI Securities said in a report. The government uses an international prices-fed formula to revise domestic natural gas prices every April and October. The prices will rise to $3.15 per mmBtu in October from the current $2 per mmBtu on a net calorific value basis, as per the brokerage. The hike in domestic gas price would mean that city gas distributors “Gujarat Gas, Mahanagar Gas and Indraprastha Gas would have to make price hikes of 10-11% in October,” the brokerage said.

Company News:

  • Reliance Industries Ltd. has said that the widely anticipated launch of JioPhone Next, which is co-developed with Google, will be delayed till at least November amid a global shortage of chipsets. “Both companies have begun testing JioPhone Next with a limited set of users for further refinement and are actively working to make it available more widely in time for the Diwali festive season,” RIL”s arm Jio Platforms said in a media statement. “This additional time will also help mitigate the current industry-wide, global semiconductor shortages.” The budget smartphone was scheduled to launch on Sept. 10.
  • Global ratings agency, S & P Global has revised Bharti Airtel’s outlook to “stable” from “negative,” citing the Sunil Mittal-led telco’s improved operating fundamentals and superior leverage management. “The stable outlook reflects our view that Airtel will actively manage its leverage such that its ratio of funds from operations (FFO) to debt will stay well above 20% on a sustained basis, while maintaining its competitive position,” S&P Global said in a media statement Thursday. 
  • ICICI Bank on Thursday said ICICI Lombard General Insurance has ceased to be its subsidiary, as shareholding of the bank has come down to 48 per cent after the merger of Bharti AXA with the insurer. ICICI Lombard General Insurance Company (ICICI Lombard) had on September 8, 2021, allotted equity shares of the company to the eligible shareholders of Bharti AXA General Insurance Company (Bharti AXA), as per the scheme of arrangement between the two insurers. The scheme of arrangement between Bharti AXA and ICICI Lombard came into effect on September 8, 2021.

Global News

 

  • Tech billionaire Elon Musk has reportedly told Tesla employees that the automaker is planning to unveil its previously announced $25,000 electric car in 2023. The CEO hinted that it might not even be equipped with a steering wheel, reports electrek.co. Musk earlier noted that this new price point is achieved through Tesla’s new battery cell and battery manufacturing effort, which could reduce battery costs by over 50 per cent.
  • Wall Street equity indices scaled fresh highs in August, without the backing of any economic or profit fundamental, said Lisa Shalett, Chief Investment Officer, Morgan Stanley Wealth Management while adding that this up-move has pushed US stocks into the overpriced zone.
 (Source: Bloomberg Quint, Economic Times, BusinessToday,Business Standard, Financial Express,Investing, Moneycontrol, livemint

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Forthcoming Corporate Actions – 13th September – 17th September

Security Name Ex-Date Purpose Security Name Ex-Date Purpose
ADVAIT 13-Sep-21 Final Dividend – Rs. – 1.00 FINCABLES 16-Sep-21 Final Dividend – Rs. – 5.50
BHARATSE 13-Sep-21 Final Dividend – Rs. – 0.50 FLUIDOM 16-Sep-21 Final Dividend – Rs. – 3.2500
BLISSGVS 13-Sep-21 Final Dividend – Rs. – 0.50 FREDUN 16-Sep-21 Final Dividend – Rs. – 0.70
CHANDRAP 13-Sep-21 Final Dividend – Rs. – 1.00 GENCON 16-Sep-21 Final Dividend – Rs. – 0.0500
DALMIASUG 13-Sep-21 Dividend – Rs. – 3.00 GICHSGFIN 16-Sep-21 Dividend – Rs. – 4.00
DONEAR 13-Sep-21 Final Dividend – Rs. – 0.20 GLOBUSSPR 16-Sep-21 Dividend – Rs. – 2.00
FIEMIND 13-Sep-21 Final Dividend – Rs. – 16.00 GUJHOTE 16-Sep-21 Final Dividend – Rs. – 1.80
HONDAPOWER 13-Sep-21 Dividend – Rs. – 10.00 HBLPOWER 16-Sep-21 Dividend – Rs. – 0.3500
JKIL 13-Sep-21 Dividend – Rs. – 1.00 HUDCO 16-Sep-21 Final Dividend – Rs. – 1.4250
JTLINFRA 13-Sep-21 Dividend – Rs. – 2.00 IGL 16-Sep-21 Final Dividend – Rs. – 3.60
MANAKSIA 13-Sep-21 Final Dividend – Rs. – 3.00 INCAP 16-Sep-21 Dividend – Rs. – 1.00
MISHTANN 13-Sep-21 Final Dividend – Rs. – 0.0010 INDIAGLYCO 16-Sep-21 Final Dividend – Rs. – 6.00
MPHASIS 13-Sep-21 Final Dividend – Rs. – 38.00 INTLCONV 16-Sep-21 Final Dividend – Rs. – 1.00
MPHASIS 13-Sep-21 Special Dividend – Rs. – 27.00 IRCON 16-Sep-21 Final Dividend – Rs. – 1.70
MULTIBASE 13-Sep-21 Final Dividend – Rs. – 2.00 KELENRG 16-Sep-21 Final Dividend – Rs. – 1.50
SAURASHCEM 13-Sep-21 Final Dividend – Rs. – 0.7500 KELLTONTEC 16-Sep-21 Final Dividend – Rs. – 0.2500
SHAWGELTIN 13-Sep-21 Final Dividend – Rs. – 10.00 KIRANVYPAR 16-Sep-21 Dividend – Rs. – 1.50
STERTOOLS 13-Sep-21 Dividend – Rs. – 1.00 KRBL 16-Sep-21 Final Dividend – Rs. – 3.50
TIPSINDLTD 13-Sep-21 Final Dividend – Rs. – 2.00 LAKSHMIMIL 16-Sep-21 Dividend – Rs. – 15.00
APEX 14-Sep-21 Final Dividend – Rs. – 2.00 LAOPALA 16-Sep-21 Final Dividend – Rs. – 1.50
ARIES 14-Sep-21 Dividend – Rs. – 0.80 LICHSGFIN 16-Sep-21 Dividend – Rs. – 8.50
ASTAR 14-Sep-21 Dividend – Rs. – 1.50 LINCOPH 16-Sep-21 Dividend – Rs. – 1.50
BEL 14-Sep-21 Final Dividend – Rs. – 1.20 LOYALTEX 16-Sep-21 Dividend – Rs. – 7.50
BGWTATO 14-Sep-21 Final Dividend – Rs. – 1.00 MAWANASUG 16-Sep-21 Dividend – Rs. – 3.00
BHATIA 14-Sep-21 Final Dividend – Rs. – 0.50 MEDICAMEQ 16-Sep-21 Final Dividend – Rs. – 1.00
DHARAMSI 14-Sep-21 Dividend – Rs. – 0.50 METROGLOBL 16-Sep-21 Dividend – Rs. – 2.00
ELDEHSG 14-Sep-21 Final Dividend – Rs. – 40.00 MNKCMILTD 16-Sep-21 Final Dividend – Rs. – 0.0300
FINOLEXIND 14-Sep-21 Special Dividend – Rs. – 2.00 MONTECARLO 16-Sep-21 Dividend – Rs. – 15.00
FINOLEXIND 14-Sep-21 Final Dividend – Rs. – 2.00 MUKESHB 16-Sep-21 Dividend – Rs. – 1.20
HINDCOPPER 14-Sep-21 Dividend – Rs. – 0.3500 NACLIND 16-Sep-21 Final Dividend – Rs. – 0.1500
ITDCEM 14-Sep-21 Dividend – Rs. – 0.1200 NAHARCAP 16-Sep-21 Final Dividend – Rs. – 1.50
JAMNAAUTO 14-Sep-21 Final Dividend – Rs. – 0.50 NAHARPOLY 16-Sep-21 Dividend – Rs. – 1.50
JINDRILL 14-Sep-21 Dividend – Rs. – 0.50 NAHARSPING 16-Sep-21 Dividend – Rs. – 1.50
JUMBO 14-Sep-21 E.G.M. NEOGEN 16-Sep-21 Final Dividend – Rs. – 2.2500
KEERTHI 14-Sep-21 Final Dividend – Rs. – 1.50 NHPC 16-Sep-21 Final Dividend – Rs. – 0.3500
KILPEST 14-Sep-21 Final Dividend – Rs. – 1.00 NRBBEARING 16-Sep-21 Final Dividend – Rs. – 0.50
KILPEST 14-Sep-21 Special Dividend – Rs. – 8.00 OIL 16-Sep-21 Final Dividend – Rs. – 1.50
MAHLIFE 14-Sep-21 Bonus issue 2:1 PAISALO 16-Sep-21 Final Dividend – Rs. – 1.00
MAHSEAMLES 14-Sep-21 Final Dividend – Rs. – 3.50 PATELSAI 16-Sep-21 Final Dividend – Rs. – 2.50
NDRAUTO 14-Sep-21 Final Dividend – Rs. – 1.00 PHOENIXLTD 16-Sep-21 Final Dividend – Rs. – 1.00
PANAENERG 14-Sep-21 Dividend – Rs. – 8.00 POLYCHMP 16-Sep-21 Final Dividend – Rs. – 1.00
PPL 14-Sep-21 Final Dividend – Rs. – 1.20 POLYMED 16-Sep-21 Dividend – Rs. – 2.50
SANDUMA 14-Sep-21 Final Dividend – Rs. – 10.00 RAJPACK 16-Sep-21 Final Dividend – Rs. – 0.50
SUPERHOUSE 14-Sep-21 Dividend – Rs. – 1.00 RECLTD 16-Sep-21 Final Dividend – Rs. – 1.7100
SUPTANERY 14-Sep-21 Dividend – Rs. – 0.0500 REFEX 16-Sep-21 Final Dividend – Rs. – 0.50
TNPL 14-Sep-21 Dividend – Rs. – 3.00 ROLCOEN 16-Sep-21 Dividend – Rs. – 1.50
AMARJOTHI 15-Sep-21 Dividend – Rs. – 2.10 SAMBANDAM 16-Sep-21 Dividend – Rs. – 4.00
AMRUTANJAN 15-Sep-21 Final Dividend – Rs. – 2.60 SANGAMIND 16-Sep-21 Dividend – Rs. – 1.00
ANDHRSUGAR 15-Sep-21 Dividend – Rs. – 10.00 SAPPL 16-Sep-21 Final Dividend – Rs. – 1.00
ANURAS 15-Sep-21 Final Dividend – Rs. – 0.50 SHAHLON 16-Sep-21 Dividend – Rs. – 0.2500
AVL 15-Sep-21 Final Dividend – Rs. – 5.00 SHIL 16-Sep-21 Final Dividend – Rs. – 0.30
BBL 15-Sep-21 Dividend – Rs. – 5.00 SHREEPUSHK 16-Sep-21 Dividend – Rs. – 1.00
BIRLACABLE 15-Sep-21 Dividend – Rs. – 1.00 SHRJAGP 16-Sep-21 Dividend – Rs. – 0.40
DEEPAKSP 15-Sep-21 Final Dividend – Rs. – 2.00 SIKA 16-Sep-21 Dividend – Rs. – 4.00
DENORA 15-Sep-21 Dividend – Rs. – 1.00 STARPAPER 16-Sep-21 Final Dividend – Rs. – 2.50
DIANATEA 15-Sep-21 Dividend – Rs. – 0.50 SURYALA 16-Sep-21 Final Dividend – Rs. – 2.00
ECLERX 15-Sep-21 Final Dividend – Rs. – 1.00 TALBROAUTO 16-Sep-21 Dividend – Rs. – 2.00
EKC 15-Sep-21 Final Dividend – Rs. – 0.30 TDPOWERSYS 16-Sep-21 Final Dividend – Rs. – 2.50
GIPCL 15-Sep-21 Dividend – Rs. – 2.70 TEXINFRA 16-Sep-21 Dividend – Rs. – 0.20
GUJALKALI 15-Sep-21 Dividend – Rs. – 8.00 TEXRAIL 16-Sep-21 Dividend – Rs. – 0.10
HALDYNGL 15-Sep-21 Dividend – Rs. – 0.60 TITANBIO 16-Sep-21 Dividend – Rs. – 1.50
HSIL 15-Sep-21 Dividend – Rs. – 4.00 TPLPLAST 16-Sep-21 Bonus issue 1:1
INDGELA 15-Sep-21 Final Dividend – Rs. – 2.50 VEDAVAAG 16-Sep-21 Final Dividend – Rs. – 0.60
INFIBEAM 15-Sep-21 Final Dividend – Rs. – 0.0500 VHL 16-Sep-21 Dividend – Rs. – 5.00
ITL 15-Sep-21 Final Dividend – Rs. – 0.50 VISHWARAJ 16-Sep-21 Final Dividend – Rs. – 1.00
KANPRPLA 15-Sep-21 Bonus issue 1:2 VTL 16-Sep-21 Dividend – Rs. – 17.50
LASA 15-Sep-21 Final Dividend – Rs. – 0.2500 WABCOINDIA 16-Sep-21 Final Dividend – Rs. – 11.00
MAGNAELQ 15-Sep-21 Final Dividend – Rs. – 1.50 ZGOVPOOX 16-Sep-21 Dividend – Rs. – 1.50
MARKSANS 15-Sep-21 Final Dividend – Rs. – 0.2500 ZSOUTGAS 16-Sep-21 Final Dividend – Rs. – 50.00
NIRLON 15-Sep-21 Dividend – Rs. – 8.00 AIMCOPEST 17-Sep-21 Dividend – Rs. – 1.00
ORIENTABRA 15-Sep-21 Dividend – Rs. – 0.1500 ALANKIT 17-Sep-21 Final Dividend – Rs. – 0.20
PBMPOLY 15-Sep-21 Dividend – Rs. – 1.50 BDL 17-Sep-21 Final Dividend – Rs. – 0.6500
REPCOHOME 15-Sep-21 Final Dividend – Rs. – 2.50 BEEKAY 17-Sep-21 Dividend – Rs. – 1.00
SANDHAR 15-Sep-21 Final Dividend – Rs. – 1.00 BIGBLOC 17-Sep-21 Final Dividend – Rs. – 0.2500
SHREYAS 15-Sep-21 Dividend – Rs. – 2.00 BRIGHTBR 17-Sep-21 Final Dividend – Rs. – 2.50
SRIKPRIND 15-Sep-21 Final Dividend – Rs. – 1.00 CESC 17-Sep-21 Stock  Split From Rs.10/- to Rs.1/-
TANLA 15-Sep-21 Final Dividend – Rs. – 1.00 CUPID 17-Sep-21 Final Dividend – Rs. – 3.50
TCFCFINQ 15-Sep-21 Dividend – Rs. – 1.50 DHPIND 17-Sep-21 Final Dividend – Rs. – 4.00
UNIVCABLES 15-Sep-21 Dividend – Rs. – 1.00 ESTER 17-Sep-21 Final Dividend – Rs. – 1.90
VINDHYATEL 15-Sep-21 Dividend – Rs. – 10.00 HALDER 17-Sep-21 Final Dividend – Rs. – 1.00
WATERBASE 15-Sep-21 Dividend – Rs. – 1.00 HEIDELBERG 17-Sep-21 Dividend – Rs. – 8.00
WINDMACHIN 15-Sep-21 Final Dividend – Rs. – 1.00 HIMTEK 17-Sep-21 Dividend – Rs. – 0.40
WSTCSTPAPR 15-Sep-21 Final Dividend – Rs. – 1.00 INDOCO 17-Sep-21 Final Dividend – Rs. – 1.50
ZENSARTECH 15-Sep-21 Final Dividend – Rs. – 2.40 JAYBARMARU 17-Sep-21 Dividend – Rs. – 1.2500
ABCINDQ 16-Sep-21 Final Dividend – Rs. – 0.50 JLMORI 17-Sep-21 Dividend – Rs. – 1.00
ACKNIT 16-Sep-21 Final Dividend – Rs. – 1.50 KCPSUGIND 17-Sep-21 Dividend – Rs. – 0.10
ADFFOODS 16-Sep-21 Final Dividend – Rs. – 3.00 KDDL 17-Sep-21 Dividend – Rs. – 1.50
AEGISLOG 16-Sep-21 Final Dividend – Rs. – 2.00 KKALPANAIND 17-Sep-21 Final Dividend – Rs. – 0.20
AINFRA 16-Sep-21 Final Dividend – Rs. – 0.10 KPT 17-Sep-21 Final Dividend – Rs. – 0.50
ANDHRAPET 16-Sep-21 Dividend – Rs. – 1.50 MGL 17-Sep-21 Final Dividend – Rs. – 14.00
APLAPOLLO 16-Sep-21 Bonus issue 1:1 MSTC 17-Sep-21 Final Dividend – Rs. – 4.40
APOLLO 16-Sep-21 Final Dividend – Rs. – 0.2500 NCLIND 17-Sep-21 Final Dividend – Rs. – 1.00
APOLLOTRI 16-Sep-21 Bonus issue 1:1 NITINCAST 17-Sep-21 Dividend – Rs. – 0.50
ARIHCAPM 16-Sep-21 Dividend – Rs. – 1.00 NXTDIGITAL 17-Sep-21 Final Dividend – Rs. – 4.00
BALPHARMA 16-Sep-21 Final Dividend – Rs. – 1.00 PRESTIGE 17-Sep-21 Final Dividend – Rs. – 1.50
BANSWRAS 16-Sep-21 Final Dividend – Rs. – 1.50 RAMAPHO 17-Sep-21 Dividend – Rs. – 1.00
BEML 16-Sep-21 Final Dividend – Rs. – 1.20 RATNAMANI 17-Sep-21 Final Dividend – Rs. – 14.00
BLS
16-Sep-21 Final Dividend – Rs. – 0.2500 RHIM 17-Sep-21 Final Dividend – Rs. – 2.50
BODALCHEM 16-Sep-21 Final Dividend – Rs. – 0.80 RUBYMILLS 17-Sep-21 Final Dividend – Rs. – 0.7500
BPCL 16-Sep-21 Final Dividend – Rs. – 23.00 RUSHIL 17-Sep-21 Final Dividend – Rs. – 0.50
BPCL 16-Sep-21 Special Dividend – Rs. – 35.00 SANCTRN 17-Sep-21 Dividend – Rs. – 1.50
CEEJAY 16-Sep-21 Dividend – Rs. – 1.00 SHALBY 17-Sep-21 Final Dividend – Rs. – 1.00
CHOKSI 16-Sep-21 Final Dividend – Rs. – 2.50 SHIVALIK 17-Sep-21 Final Dividend – Rs. – 0.50
CIFL 16-Sep-21 Final Dividend – Rs. – 0.10 STARLENT 17-Sep-21 Final Dividend – Rs. – 0.0100
COMPEAU 16-Sep-21 Final Dividend – Rs. – 1.00 TRITONV 17-Sep-21 Dividend – Rs. – 20.00
DOLFIN 16-Sep-21 Final Dividend – Rs. – 1.20 UNIDT 17-Sep-21 Final Dividend – Rs. – 0.60
EXCELINDUS 16-Sep-21 Final Dividend – Rs. – 11.2500 ZSWASTSA 17-Sep-21 Dividend – Rs. – 1.00
Source: BSE, Elite wealth Research

Upcoming Key Board Meetings – 13th September – 18th September

Symbol Purpose BM Date Symbol Purpose BM Date
AMTEKAUTO Audited Results 13-Sep-21 STAMPEDE Preferential Issue of shares 14-Sep-21
ASRL General 13-Sep-21 TTFL Increase in Authorised Capital;General 14-Sep-21
EASTRED General 13-Sep-21 ARSSINFRA Quarterly Results 15-Sep-21
GOLDIAM Buy Back of Shares 13-Sep-21 BUDGE BUDGE Voluntary Delisting of Shares 15-Sep-21
KITEX General 13-Sep-21 CRAFTSMAN General 15-Sep-21
KOHINOOR General 13-Sep-21 GAMMONIND Quarterly Results 15-Sep-21
RNBDENIMS Stock  Split 13-Sep-21 NEWINFRA Quarterly Results 15-Sep-21
RPPINFRA Right Issue of Equity Shares 13-Sep-21 OPTOCIRCUI Quarterly Results 15-Sep-21
SHUBHAM Quarterly Results 13-Sep-21 SUPREMEINF Audited Results;Quarterly Results 15-Sep-21
SUPRAP Preferential Issue of shares 13-Sep-21 SMAUTO General 16-Sep-21
TAAZAINT General 13-Sep-21 3MINDIA Amalgamation;Scheme of Arrangement 17-Sep-21
GPIL Bonus issue;General;Stock  Split 14-Sep-21 BAJAJHLDNG Interim Dividend 17-Sep-21
INDOGLOBAL Audited Results 14-Sep-21 VIDLI Right Issue of Equity Shares 17-Sep-21
SCAPDVR Preferential Issue of shares 14-Sep-21 KANPRPLA Bonus issue 18-Sep-21
Source: BSE, Elite wealth Research

Major Economy Indicators

Major-Economy -Indicators-10SEPT

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Manoj Vijay Shinde, Elite Wealth Limited, manojshinde@elitewealth.in
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to third-party aggregators. For all research reports available on a particular stock, please contact your respective broker’s sales person.
Ownership and material conflicts of interest Disclosure
Elite Wealth Limited policy prohibits its analysts, professionals reporting to analysts from owning securities of any company in the analyst’s area of
coverage. Analyst compensation: Analysts are salary based permanent employees of Elite Wealth Limited. Analyst as officer or director: Elite Wealth
Limited policy prohibits its analysts, persons reporting to analysts from serving as an officer, director, advisory board member or employee of any company
in the analyst’s area of coverage.
Country Specific Disclosures
India – For private circulation only, not for sale.
Legal Entities Disclosures
Mr. RavinderParkash Seth is the Managing Director of Elite Wealth Ltd (EWL, henceforth), having its registered office at Casa Picasso, Golf Course
Extension, Near Rajesh Pilot Chowk, Radha Swami, Sector-61, Gurgaon-122001 Haryana, is a SEBI registered Research Analyst and is regulated by Securities and
Exchange Board of India. Telephone:011-43035555, Facsimile: 011-22795783 and Website: www.elitewealth.in
EWL Advisory discloses all material information about itself including its business activity, disciplinary history, the terms and conditions on which it offers research
report, details of associates and such other information as is necessary to take an investment decision, including the following:
1. Reports
a) EWL Advisory or his associate or his relative has no financial interest in the subject company and the nature of such financial interest;
(b) EWL Advisory or its associates or relatives, have no actual/beneficial ownership of one per cent. or more in the securities of the subject company, at the end of
the month immediately preceding the date of publication of the research report or date of the public appearance;
(c) EWL Advisory or its associate or his relative, has no other material conflict of interest at the time of publication of the research report or at the time of public
appearance;
2. Compensation
(a) EWL Advisory or its associates have not received any compensation from the subject company in the past twelve months;
(b) EWL Advisory or its associates have not managed or co-managed public offering of securities for the subject company in the past twelve months;
(c) EWL Advisory or its associates have not received any compensation for investment banking or merchant banking or brokerage services from the subject company
in the past twelve months;
(d) EWL Advisory or its associates have not received any compensation for products or services other than investment banking or merchant banking or brokerage
services from the subject company in the past twelve months;
(e) EWL Advisory or its associates have not received any compensation or other benefits from the subject company or third party in connection with the research
report.
3 In respect of Public Appearances
(a) EWL Advisory or its associates have not received any compensation from the subject company in the past twelve months;
(b) The subject company is not now or never a client during twelve months preceding the date of distribution of the research report and the types of services provided
by EWL Advisory
Provided that research analyst or research entity shall not be required to make a disclosure as per sub-clauses (c), (d) and (e) of clause (ii) or sub-clauses (a) and (b) of
clause (iii) to the extent such disclosure would reveal material non-public information regarding specific potential future investment banking or merchant banking or
brokerage services transactions of the subject company.
(4) EWL Advisory or its proprietor has never served as an officer, director or employee of the subject company;
(5) EWL Advisory has never been engaged in market making activity for the subject company;
(6) EWL Advisory shall provide all other disclosures in research report and public appearance as specified by the Board under any other regulations.