Indian Market Outlook:

The Key benchmark indices rose over nine percent over the week led by the boost from budget 2021. Key benchmark indices record the biggest-ever Budget Day gain in 10 year, Bank Stocks contributes most to the gain. Nifty ended the week 9.61 percent higher at 14924 points while Sensex ended 9.61 percent higher at 14924 points. Broader market underperformed the key benchmark indices. BSE Midcap index ended 7.36 percent higher, while the BSE Small cap index rose 6.16 percent, during the course of the week. Foreign Institutional Investors were the net buyers during the week; bought equities worth Rs.13595 crore while the DIIs were the net sellers of Rs.4712 crore. Nifty Bank outperformed the key benchmark indices rose 16.65 percent over the week. Boost from the Budget for the PSU Banks and SBI Steller performance in Q3FY21 helped the bank nifty to move at record high level. The Government presented a very bold and progressive budget where their key focus area was infrastructure and healthcare which was the need of current situation. The proposed dedicated asset reconstruction company (ARC) to take over the stressed loans in the Indian banking system will help lighten the balance sheets of banks and NBFCs. During the week MBC kept interest rates unchanged but continued its accommodative stance to revive growth. Going forward more than 2000 mid cap and small cap companies will declare their results from February 8-13, 2021. On Macro Front CPI Inflation for January 2021 and Industrial Production for December 2020 would be announced on 12th February, 2021.

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Latest Spot Price (in US $)

Precious Metal Current Price Change (%) 3 Month 6 Month      1 Year
Gold 1,815.10 -1.90 -7.00 -12.29 14.54
Silver 27.01 0.37 5.26 -2.14 52.08
Platinum 1,135.70 5.18 26.64 20.19 -28.33
USD/INR 72.81 -0.08 -1.57 -2.79 2.28
Crude 57.08 9.35 53.69 36.07 12.47

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Global Weekly Events

Date Region Event Description Forecast Previous
Feb 09,2021 USD EIA Short-Term Energy Outlook
Feb 10,2021 USD Core CPI (MoM) (Jan)   0.2% 0.1%
Feb 10,2021 USD US federal budget
Feb 12,2021 USD GDP (QoQ) (Q4)        0.5%      16.0%
Feb 12,2021 INR  CPI (YoY) (Jan) 4.40% 4.59%
Feb 12,2021       INR Industrial Production (YoY) (Dec) -0.20% -1.90%

Domestic Economy Indicators

Heading Indicators Current Previous
 RBI Policy Rate Policy Repo Rate 4.00% 4.00%
Reverse Repo Rate 3.25% 3.25%
Bank Rate 4.25% 4.25%
 Reserve Ratio CRR 3% 3%
SLR 18.00% 18.00%
 Inflation Rate Wholesale Price Index 1.22% 1.55%
Consumer Price Index 4.59% 6.93%
 Trade Data Export ($ Million) 27240 27150
Import($ Million) 41990 42590
 Industry IIP -1.9% 3.6%


Domestic Indices Closing(5th February) Change %Change
BSE Sensex 50,731.63 4,445.86 9.61
Nifty 14,924.25 1,289.65 9.46
Mid Cap 19,413.17 1,330.94 7.36
Small Cap 19,096.06 1,107.86 6.16
Bank Nifty 35,654.50 5,089.00 16.65


Global Indices Closing(5th


Change %Change
Dow Jones 31,148.24 1,165.62 3.89
Nasdaq 13,856.30 785.60 6.01
FTSE 6,489.33 81.87 1.28
Nikkei 28,779.19 1,115.80 4.03
Hang Seng 29,288.68 1,004.97 3.55
Shanghai Com 3,496.33 13.26 0.38


Net Inflow (Cr) FII DII
01-Feb-2021 1,494.23 -90.46
02-Feb-2021 6,181.56 -2,035.20
03-Feb-2021 2,520.92 -399.74
04-Feb-2021 1,936.74 -768.55
05-Feb-2021 1,461.71 -1,418.65
Total 13,595.16 -4712.6


Top Gainers Closing Price Prev Close Chg (%)
SBI 393.10 282.10 8.17
Indusind Bank 1025.10 846.10 21.16
Tata Motors        315.90 262.70 20.25
Ultratech Cement 6352.10 5327.25 19.24
Bajaj Finance 5538.55 4734.55 16.98


Top Losers Closing Price Prev Close Chg (%)
UPL 536.50 560.65 -4.31
Zee Entertainment        215.30 220.00 -2.14
Asian Paints 2376.75 2407.35 -1.27
Tech Mahindra 959.40 961.40 -0.21

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Economic News:

  • The Reserve Bank of India (RBI) on Friday kept its policy rates unchanged, assured ample liquidity for the bond market, and an ‘accommodative’ stance for as long as necessary. After the policy, repo rate (at which the RBI lends to the banks) stands at 4 per cent and the reverse repo rate (at which it takes money from banks) at 3.35 per cent. But the cash reserve ratio (CRR), or the amount of cash that banks are required to maintain with the RBI at zero interest will be scaled back to 4 per cent in two phases. Effective March 27, it will be raised to 3.5 per cent from 3 per cent now, and from May 22, the CRR will be normalised back to 4 per cent. The CRR was reduced by one percentage points last year in view of the Covid crisis, and was due to be rolled back in March this year.


  • RBI Projects FY22 Real GDP At 10.5%, CPI Inflation At 5.2% In Q4 FY21 Growth is recovering, and the outlook has improved significantly with the rollout of the vaccine programme in the country, the Monetary Policy resolution said. The recovery, however, is still to gather firm traction and hence continued policy support is crucial. In its resolution, the MPC said the sharp correction in food prices has improved the food price outlook, but some pressures persist, and core inflation remains elevated. An unwinding of taxes on petroleum products by both the centre and states could ease the cost push pressures with pump prices of petrol and diesel at historic highs.

Industry News:

  • The reduction of duty on steel products, as proposed in the Budget 2021-22, may bring down prices of the metal by up to 10 per cent in the near term, according to ICRA. In her Budget Speech on Monday, Finance Minister Nirmala Sitharaman announced reducing the duty to 7.5 per cent on products like primary/semi-finished products of non-alloy steel, long products of non-alloy, stainless and alloy steel.


  • Incentives as part of the vehicle scrapping policy is in the works, and could be unveiled in the next two to three weeks, a senior government official has said. The transport ministry, which is charting out the details of the vehicle scrapping policy announced in the budget for FY ‘22, will soon announce the details, Giridhar Aramane, Secretary, ministry of road transport and highways, told reporters here on Friday.

Company News:

  • Jubilant FoodWorks which runs Domino’s Pizza and Dunkin Donuts, has revised its expansion target upwards, following robust recoveries in the third quarter ended December 2020, backed by delivery and takeaway channels. In a post earnings investor call, the JFL management said it plans to set up over 110 Domino’s stores in FY21, and flagged potential of 3,000 Domino’s stores in India in the long term, up from 2,000 it had announced pre-Covid. The management, however, did not give a timeline for the expansion to 3,000 stores.


  • Mahindra & Mahindra Ltd on Friday hinted at a possible price hike of its range of vehicles in the next few months due to rising commodity prices. The company, which was recently reported to have cut jobs in its North American operations, is likely to reduce it further even as it prepares to launch its off-roader vehicle Roxor.


  • Punjab National Bank reported an 18 per cent quarter-on-quarter drop in its standalone net profit to Rs 506 crore in the December quarter (Q3). In the third quarter of last financial year, PNB had reported a net loss of Rs 492 crore. The bank’s gross non-performing assets ratio dropped by 44 basis points to 12.99 per cent from 13.43 per cent as of September. The bank’s net NPA ratio was at 4.03 per cent in Q3, a 4.75 per cent sequential decline.


  • Britannia Industries Ltd.’s third-quarter profit rose beating estimates, aided by cost cuts. Net profit of the maker of Good Day and Tiger biscuits rose 22% year-on-year to Rs 452.6 crore in the quarter ended December, according to an exchange filing. That compares with the Rs 424.3-crore consensus estimate of analysts tracked by Bloomberg. Revenue rose 6% over the year earlier to Rs 3,165.6 crore, against the projected Rs 3,240.4 crore. Operating profit jumped 22% to Rs.611.5 crore. Operating margin expanded to 19.3% from 16.8%. Analysts had pegged the metric at 18.2%.

Global News:

  • Oil prices climbed on Friday to their highest levels in a year, extending a run of strong gains this week, boosted by the continued commitment of producers to hold back crude supply and positive signs of economic growth in the United States U.S. West Texas Intermediate (WTI) crude futures jumped 51 cents, or 0.9 per cent, to $56.73 a barrel by 0210 GMT, after touching a high of $56.75, the most since Jan. 22 last year. The benchmark contract is on track for a weekly gain of nearly 9 per cent, which would be its biggest weekly gain since October

 (Source:Bloomberg Quint, Economic Times, BusinessToday, Business Standard, Financial Express,Investing, Moneycontrol, livemint)

Forthcoming Corporate Actions

Security Name Ex-Date Purpose Security Name Ex-Date Purpose
BEL 08-Feb-21 Interim Dividend – Rs. – 1.40 SUBEX 10-Feb-21 Interim Dividend – Rs. – 0.50
GRANULES 08-Feb-21 Interim Dividend – Rs. – 0.2500 TCI 10-Feb-21 Interim Dividend – Rs. – 1.20
GRAVITA 08-Feb-21 Interim Dividend – Rs. – 1.10 ALKEM 11-Feb-21 Interim Dividend – Rs. – 25.00
INDUSTOWER 08-Feb-21 Interim Dividend – Rs. – 17.8200 APCOTEXIND 11-Feb-21 Interim Dividend – Rs. – 1.50
LAURUSLABS 08-Feb-21 Interim Dividend – Rs. – 0.40 BAJAJCON 11-Feb-21 Interim Dividend – Rs. – 6.00
MOTILALOFS 08-Feb-21 Interim Dividend – Rs. – 5.00 BALRAMCHIN 11-Feb-21 Interim Dividend – Rs. – 2.50
ORIENTCEM 08-Feb-21 Interim Dividend – Rs. – 0.50 BLS 11-Feb-21 Interim Dividend – Rs. – 0.2500
PROSEED 08-Feb-21 Resolution Plan -Suspension CARBORUNIV 11-Feb-21 Interim Dividend – Rs. – 1.50
VISAKAIND 08-Feb-21 Interim Dividend – Rs. – 5.00 CONTROLPR 11-Feb-21 Interim Dividend – Rs. – 4.00
VMV 08-Feb-21 E.G.M. DHAMPURSUG 11-Feb-21 Interim Dividend – Rs. – 6.00
CHOLAFIN 09-Feb-21 Interim Dividend – Rs. – 1.30 EQUITAS 11-Feb-21 Interim Dividend – Rs. – 2.00
CUMMINSIND 09-Feb-21 Interim Dividend – Rs. – 7.00 GILLETTE 11-Feb-21 Interim Dividend – Rs. – 33.00
DAAWAT 09-Feb-21 Interim Dividend – Rs. – 0.50 HIL 11-Feb-21 Interim Dividend – Rs. – 15.00
IOC 09-Feb-21 Interim Dividend – Rs. – 7.50 IIFLWAM 11-Feb-21 Interim Dividend – Rs. – 30.00
LALPATHLAB 09-Feb-21 Interim Dividend – Rs. – 6.00 INDOAMIN 11-Feb-21 Interim Dividend – Rs. – 0.50
ORIENTELEC 09-Feb-21 Interim Dividend – Rs. – 0.7500 MODISNME 11-Feb-21 Interim Dividend – Rs. – 1.50
PERSISTENT 09-Feb-21 Interim Dividend – Rs. – 14.00 NTPC 11-Feb-21 Interim Dividend – Rs. – 3.00
SUNPHARMA 09-Feb-21 Interim Dividend – Rs. – 5.50 PIIND 11-Feb-21 Interim Dividend – Rs. – 3.00
VRFILMS 09-Feb-21 Interim Dividend – Rs. – 1.00 PNBGILTS 11-Feb-21 Interim Dividend – Rs. – 4.00
COROMANDEL 10-Feb-21 Interim Dividend – Rs. – 6.00 ALKYLAMINE 12-Feb-21 Interim Dividend – Rs. – 10.00
DCW 10-Feb-21 E.G.M. BASML 12-Feb-21 Stock  Split From Rs.10/- to Rs.5/-
KPRMILL 10-Feb-21 Interim Dividend – Rs. – 3.7500 CANTABIL 12-Feb-21 Interim Dividend – Rs. – 1.00
MANAPPURAM 10-Feb-21 Interim Dividend – Rs. – 0.6500 SAURASHCEM 12-Feb-21 Interim Dividend – Rs. – 1.00
PGHH 10-Feb-21 Interim Dividend – Rs. – 85.00
Source:BSE, Elite wealth Research

Upcoming Board Meetings

Symbol Purpose BM Date Symbol Purpose BM Date
ASTRAZEN Quarterly Results 08-Feb-21 DCAL Quarterly Results 11-Feb-21
AVADHSUGAR Quarterly Results 08-Feb-21 DCMFINSERV Quarterly Results 11-Feb-21
BALAMINES Quarterly Results 08-Feb-21 FLFL Quarterly Results 11-Feb-21
BALKRISIND Interim Dividend;Quarterly Results 08-Feb-21 GICRE General;Quarterly Results 11-Feb-21
BALMLAWRIE Interim Dividend;Quarterly Results 08-Feb-21 GRAPHITE Quarterly Results 11-Feb-21
BOMDYEING Quarterly Results 08-Feb-21 GREENPLY ESOP;Quarterly Results 11-Feb-21
BPCL Interim Dividend;Quarterly Results 08-Feb-21 HUDCO Quarterly Results 11-Feb-21
CAMLINFINE General;Quarterly Results 08-Feb-21 INFIBEAM General;Bonus issue;Quarterly Results 11-Feb-21
DHARAMSI Interim Dividend;Quarterly Results 08-Feb-21 ISGEC Quarterly Results;Interim Dividend 11-Feb-21
EIDPARRY Quarterly Results 08-Feb-21 ITC Interim Dividend;Quarterly Results 11-Feb-21
ESSARSHPNG Quarterly Results 08-Feb-21 ITDC Quarterly Results 11-Feb-21
EVERESTO Interim Dividend;Quarterly Results 08-Feb-21 ITDCEM Quarterly Results 11-Feb-21
GALAXYSURF Quarterly Results;Interim Dividend 08-Feb-21 KIRIINDUS Quarterly Results 11-Feb-21
GODREJCP Interim Dividend;Quarterly Results 08-Feb-21 KIRLOSBROS Quarterly Results 11-Feb-21
GRMOVER General 08-Feb-21 KMSUGAR Quarterly Results 11-Feb-21
GUFICBIO Quarterly Results 08-Feb-21 KOVAI Quarterly Results 11-Feb-21
KHAITANLTD Quarterly Results;General 08-Feb-21 MINDTECK Quarterly Results 11-Feb-21
MARKSANS Quarterly Results 08-Feb-21 MRF Interim Dividend;Quarterly Results 11-Feb-21
MEGH Quarterly Results 08-Feb-21 MSTC Quarterly Results 11-Feb-21
MONTECARLO Quarterly Results 08-Feb-21 NATCOPHARM Interim Dividend;Quarterly Results 11-Feb-21
MPL Quarterly Results 08-Feb-21 NCC Quarterly Results 11-Feb-21
NBVENTURES Quarterly Results 08-Feb-21 NECCLTD Quarterly Results 11-Feb-21
NCLIND Quarterly Results 08-Feb-21 NHPC Quarterly Results;Interim Dividend 11-Feb-21
NMDC Quarterly Results 08-Feb-21 NIKHILAD Quarterly Results 11-Feb-21
REDINGTON Quarterly Results 08-Feb-21 OIL Quarterly Results;Interim Dividend 11-Feb-21
STARCEMENT Quarterly Results 08-Feb-21 PEL Quarterly Results 11-Feb-21
SUNTV Interim Dividend;Quarterly Results 08-Feb-21 PERMAGN Quarterly Results 11-Feb-21
TORNTPHARM Interim Dividend;Quarterly Results 08-Feb-21 PETRONET Quarterly Results 11-Feb-21
USHAMART Quarterly Results 08-Feb-21 PFC Quarterly Results 11-Feb-21
VAKRANGEE Quarterly Results 08-Feb-21 POLYCHMP Quarterly Results 11-Feb-21
ZENLABS Quarterly Results 08-Feb-21 POLYLINK General;Quarterly Results 11-Feb-21
ZPARICIN Quarterly Results 08-Feb-21 POWERGRID Quarterly Results 11-Feb-21
63MOONS Quarterly Results 09-Feb-21 PRECISION Quarterly Results 11-Feb-21
ABBOTINDIA Quarterly Results 09-Feb-21 PRESTIGE Quarterly Results 11-Feb-21
ADANIPORTS Quarterly Results 09-Feb-21 REPCOHOME Quarterly Results 11-Feb-21
ANUHPHR Quarterly Results 09-Feb-21 SCOOTER Quarterly Results 11-Feb-21
ASTERDM Quarterly Results 09-Feb-21 SUPREME Quarterly Results 11-Feb-21
ASTRON Quarterly Results 09-Feb-21 TASTYBIT Quarterly Results 11-Feb-21
BASF Quarterly Results 09-Feb-21 UFLEX Quarterly Results 11-Feb-21
BERGEPAINT Quarterly Results 09-Feb-21 VARDHMAN Quarterly Results 11-Feb-21
BODALCHEM General;Quarterly Results 09-Feb-21 VOLTAMP Quarterly Results 11-Feb-21
BURGERKING Quarterly Results 09-Feb-21 WABAG Quarterly Results 11-Feb-21
CENTRALBK Quarterly Results 09-Feb-21 WATERBASE Quarterly Results 11-Feb-21
CENTURYPLY General;Quarterly Results 09-Feb-21 WSTCSTPAPR Quarterly Results 11-Feb-21
COFFEEDAY Quarterly Results 09-Feb-21 ADVENZYMES Quarterly Results 12-Feb-21
DHANBANK Quarterly Results 09-Feb-21 APOLLO General;Quarterly Results 12-Feb-21
ENDURANCE Quarterly Results 09-Feb-21 APOLLOFI Quarterly Results 12-Feb-21
FLUOROCHEM Quarterly Results 09-Feb-21 APOLLOHOSP Quarterly Results 12-Feb-21
FRETAIL Quarterly Results 09-Feb-21 AXTEL Quarterly Results 12-Feb-21
GMDCLTD Quarterly Results 09-Feb-21 BHARATFORG Quarterly Results 12-Feb-21
GMPL General 09-Feb-21 BORORENEW Quarterly Results 12-Feb-21
GRSE Interim Dividend;Quarterly Results 09-Feb-21 BVCL Quarterly Results 12-Feb-21
GUJALKALI Quarterly Results 09-Feb-21 CENTEXT General;Quarterly Results 12-Feb-21
HEG Quarterly Results 09-Feb-21 CENTRUM Quarterly Results 12-Feb-21
HEIDELBERG Quarterly Results 09-Feb-21 CHEMCON General;Quarterly Results 12-Feb-21
HINDCOMPOS Quarterly Results 09-Feb-21 DCM Quarterly Results 12-Feb-21
IGARASHI Quarterly Results 09-Feb-21 DCMSRMIND Interim Dividend;Quarterly Results 12-Feb-21
INDOCO Quarterly Results 09-Feb-21 DEEPAKNI Quarterly Results 12-Feb-21
IOB Quarterly Results 09-Feb-21 DEEPENR Quarterly Results 12-Feb-21
IRB General 09-Feb-21 DELTACORP Quarterly Results 12-Feb-21
ITI Preferential Issue of shares 09-Feb-21 DRL Quarterly Results 12-Feb-21
J&KBANK Quarterly Results 09-Feb-21 DYNAMATECH Quarterly Results 12-Feb-21
JBMA Quarterly Results 09-Feb-21 EMBASSY General;Quarterly Results 12-Feb-21
KIOCL Quarterly Results 09-Feb-21 EXCELINDUS Quarterly Results 12-Feb-21
KRBL Quarterly Results 09-Feb-21 FINCABLES Quarterly Results 12-Feb-21
KRIFILIND Quarterly Results 09-Feb-21 FINEORG Quarterly Results 12-Feb-21
KSCL Quarterly Results 09-Feb-21 FORCEMOT Quarterly Results 12-Feb-21
LEMONTREE General;Quarterly Results 09-Feb-21 FUTURSEC Quarterly Results 12-Feb-21
MAGADHSUGAR Quarterly Results 09-Feb-21 GAMMNINFRA Quarterly Results 12-Feb-21
MFSL Quarterly Results 09-Feb-21 GAYATRIBI Quarterly Results 12-Feb-21
MGL Interim Dividend;Quarterly Results 09-Feb-21 GICHSGFIN Quarterly Results 12-Feb-21
MUTHOOTFIN Quarterly Results 09-Feb-21 GLENMARK Quarterly Results 12-Feb-21
NDTV Quarterly Results 09-Feb-21 GMRINFRA Quarterly Results 12-Feb-21
RAYMOND Quarterly Results 09-Feb-21 GODAVARI Quarterly Results 12-Feb-21
RENUKA Quarterly Results 09-Feb-21 GOODYEAR Quarterly Results 12-Feb-21
SPANDANA Quarterly Results 09-Feb-21 GRASIM Quarterly Results 12-Feb-21
STCINDIA Quarterly Results 09-Feb-21 IBULHSGFIN General;Quarterly Results 12-Feb-21
TATASTEEL Audited Results;Quarterly Results 09-Feb-21 INDIAGLYCO Quarterly Results 12-Feb-21
TATASTEELPP Audited Results;Quarterly Results 09-Feb-21 INDOSOLAR Quarterly Results 12-Feb-21
TORNTPOWER Interim Dividend;Quarterly Results 09-Feb-21 INDRENEW Quarterly Results 12-Feb-21
ZEELEARN Quarterly Results 09-Feb-21 ITI Quarterly Results 12-Feb-21
ASAHIINDIA General;Quarterly Results 10-Feb-21 JINDALPOLY Quarterly Results 12-Feb-21
ASIANTILES Quarterly Results 10-Feb-21 KINGSINFR General;Quarterly Results 12-Feb-21
ASSAMENT Quarterly Results 10-Feb-21 KISAN Quarterly Results 12-Feb-21
ASTRAMICRO Quarterly Results 10-Feb-21 KOHINOOR Quarterly Results 12-Feb-21
AWHCL Quarterly Results 10-Feb-21 MANAKSIA Quarterly Results 12-Feb-21
BANCOINDIA Quarterly Results 10-Feb-21 MANAKSTELTD Quarterly Results 12-Feb-21
BANKINDIA Quarterly Results 10-Feb-21 MIC Quarterly Results 12-Feb-21
BATAINDIA Quarterly Results 10-Feb-21 MIDHANI Quarterly Results 12-Feb-21
BEML Interim Dividend;Quarterly Results 10-Feb-21 MODERN Quarterly Results 12-Feb-21
BLUECHIP Quarterly Results 10-Feb-21 MOLDTEK General;Quarterly Results 12-Feb-21
EICHERMOT Quarterly Results 10-Feb-21 MOREPENLAB Quarterly Results 12-Feb-21
ESABINDIA Interim Dividend;Quarterly Results 10-Feb-21 MOTHERSUMI Quarterly Results 12-Feb-21
GREAVESCOT Quarterly Results 10-Feb-21 MSL Quarterly Results 12-Feb-21
HINDALCO Quarterly Results 10-Feb-21 MSPL Quarterly Results 12-Feb-21
IGL Quarterly Results 10-Feb-21 MTNL Quarterly Results 12-Feb-21
IOLCP Quarterly Results 10-Feb-21 NATIONALUM General;Quarterly Results 12-Feb-21
MAXIMUS Quarterly Results 10-Feb-21 NAUKRI Quarterly Results 12-Feb-21
MAXINDIA Quarterly Results 10-Feb-21 NESCO Quarterly Results 12-Feb-21
METROPOLIS Interim Dividend;Quarterly Results 10-Feb-21 NFL Quarterly Results 12-Feb-21
NBCC Quarterly Results 10-Feb-21 ORIENTLTD Quarterly Results 12-Feb-21
NIRLON Quarterly Results 10-Feb-21 PANACEABIO Quarterly Results 12-Feb-21
NLCINDIA Interim Dividend;Quarterly Results 10-Feb-21 PCJEWELLER Quarterly Results 12-Feb-21
PAGEIND Interim Dividend;Quarterly Results 10-Feb-21 PGIL Quarterly Results 12-Feb-21
PGHL Quarterly Results 10-Feb-21 PHOENIXLTD Quarterly Results 12-Feb-21
RELIGARE Quarterly Results 10-Feb-21 PTC Quarterly Results 12-Feb-21
RELTD General;Quarterly Results 10-Feb-21 RCIIND Quarterly Results 12-Feb-21
RUCHISOYA Quarterly Results 10-Feb-21 RCL Quarterly Results 12-Feb-21
SHANTIGEAR Interim Dividend;Quarterly Results 10-Feb-21 SATIN Quarterly Results 12-Feb-21
SPECFOOD Quarterly Results 10-Feb-21 SIEMENS Quarterly Results 12-Feb-21
SPICEJET Quarterly Results 10-Feb-21 SJVN Interim Dividend;Quarterly Results 12-Feb-21
STARTECK Quarterly Results 10-Feb-21 SMARTLINK Quarterly Results 12-Feb-21
SUPRAJIT Interim Dividend;Results;Buy Back 10-Feb-21 SOBHA Quarterly Results 12-Feb-21
SUVENPHAR Interim Dividend;Quarterly Results 10-Feb-21 TATIAGLOB General;Quarterly Results 12-Feb-21
TTKPRESTIG Quarterly Results 10-Feb-21 TCIIND Quarterly Results 12-Feb-21
TTL Quarterly Results 10-Feb-21 VOLTAS Quarterly Results 12-Feb-21
UFO Quarterly Results 10-Feb-21 WANBURY Quarterly Results 12-Feb-21
UGARSUGAR General;Quarterly Results 10-Feb-21 WIMPLAST General;Quarterly Results 12-Feb-21
UJJIVAN Quarterly Results 10-Feb-21 AMARAJABAT Interim Dividend;Quarterly Results 13-Feb-21
WABCOINDIA Quarterly Results 10-Feb-21 ANDHRACEMT Quarterly Results 13-Feb-21
YASHPAKKA Quarterly Results 10-Feb-21 DEL Quarterly Results 13-Feb-21
ACC Final Dividend;Audited Results 11-Feb-21 DHAMPURE Quarterly Results 13-Feb-21
ALLCARGO Quarterly Results 11-Feb-21 DHARSUGAR Quarterly Results 13-Feb-21
AMRITCORP Quarterly Results 11-Feb-21 IDFC Quarterly Results 13-Feb-21
AMRUTANJAN Interim Dividend;Quarterly Results 11-Feb-21 IFGLEXPOR Quarterly Results 13-Feb-21
ASHNOOR Quarterly Results 11-Feb-21 IFSL Quarterly Results 13-Feb-21
ASHOKLEY Quarterly Results 11-Feb-21 IGLFXPL-B Quarterly Results 13-Feb-21
ATULAUTO Quarterly Results 11-Feb-21 IISL General;Quarterly Results 13-Feb-21
AUROLAB General;Quarterly Results 11-Feb-21 INDCTST Quarterly Results 13-Feb-21
BAJAJHIND Quarterly Results 11-Feb-21 INDIANVSH Quarterly Results 13-Feb-21
BALAJITELE Quarterly Results 11-Feb-21 INDINFO Quarterly Results 13-Feb-21
BALPHARMA General;Quarterly Results 11-Feb-21 INDSWFTLTD General;Quarterly Results 13-Feb-21
BAYERCROP Quarterly Results 11-Feb-21 INDXTRA Quarterly Results 13-Feb-21
BHARATGEAR Quarterly Results 11-Feb-21 INFRONICS Quarterly Results 13-Feb-21
BIRLACABLE Quarterly Results 11-Feb-21 INLANPR Quarterly Results 13-Feb-21
BOSCHLTD Quarterly Results 11-Feb-21 IRCON Quarterly Results 13-Feb-21
BPL Quarterly Results 11-Feb-21 IRFC Quarterly Results 13-Feb-21
BPLPHARMA Quarterly Results 11-Feb-21 KALPATPOWR Interim Dividend;Quarterly Results 13-Feb-21
COALINDIA Quarterly Results 11-Feb-21 KFBL Quarterly Results 13-Feb-21
CORALAB Quarterly Results 11-Feb-21 MTPL Quarterly Results 13-Feb-21
CRISIL Dividend;Audited Results 11-Feb-21 PANCHSHEEL Interim Dividend;Quarterly Results 13-Feb-21
CYBERTECH Quarterly Results 11-Feb-21 ZUARIGLOB General;Quarterly Results 13-Feb-21
Source: BSE, Elite wealth Research

Major Economy Indicators




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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:
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 %. 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 publicappearance;
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 companyin 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 brokerageservices 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