Indian Market Outlook:
The Key benchmark indices rose in the special one-hour muhurat trading in the evening on account of Diwali, the BSE Sensex gained 307 points or 0.51 per cent to close at 60,078.66 points. The Nifty 50 index also rose 0.5 per cent or 88 points to end the session at 17,916.8 points. The Samvat year 2077 had been one of the best years for investors in more than 12 years. Nifty ended the week with 1.39 percent higher while the Sensex ended with 1.28 percent higher points. Broader market outperformed the key benchmark indices during the week. BSE Midcap index ended 2.83 percent higher, while the BSE Small cap index rose 3.28 percent. Foreign Institutional Investors were the net sellers during the week; sell equities worth Rs. 687 crores while the DIIs were the net buyers of Rs. 344 of crores. Going forward Rising inflation would be the biggest known threat to the market as most of the companies’ margins contracted in Q2FY22. Also Fed said it would start tapering its bond buying programme from this month. Interest rate hikes in the US, which are expected from next year, will lead to some capital outflows from emerging markets, including India. Global headwinds in the form of rising inflation and withdrawal of monetary stimulus may impact the upward momentum of indices, but strength in Indian macros and improving micros may help offset these. On Macro front Industrial Production for the month of October would be announced by most of the countries including India. The three-day IPOs of Paytm, Sapphire Foods India and Latent View Analytics are scheduled to open on November 8, November 9 and November 10, respectively.
Latest Spot Price (in US $)
| Precious Metal | Current Price | Change (%) | 3 Month | 6 Month | 1 Year | |||||
| Gold | 1819.95 | 2.02 | 3.22 | 0.11 | -7.49 | |||||
| Silver | 24.16 | 0.88 | -0.70 | -13.44 | -5.59 | |||||
| Platinum | 1035.45 | 1.41 | 6.29 | -13.30 | 15.58 | |||||
| USD/INR | 74.19 | -0.96 | -0.07 | 0.80 | 0.38 | |||||
| Crude | 81.17 | -2.87 | 18.88 | 25.44 | 109.25 | |||||
Global Weekly Events
| Date | Region | Event Description | Forecast | Previous |
| Nov 09,2021 | USD | PPI (MoM) (Oct) | 0.6% | 0.5% |
| Nov 10,2021 | USD | Core CPI (MoM) (Oct) | 0.4% | 0.2% |
| Nov 10,2021 | USD | Crude Oil Inventories | – | 3.291M |
| Nov 11,2021 | CNY | Industrial Production (YoY) (Oct) | 3.1% | 3.1% |
| Nov 11,2021 | GBP | GDP (YoY) (Q3) | 6.8% | 23.6% |
| Nov 12,2021 | INR | CPI (YoY) (Oct) | 4.5% | 4.35% |
| Nov 12,2021 | INR | Industrial Production (YoY) (Sep) | 12% | 11.9% |
Domestic Economy Indicators
| Heading | Indicators | Current | Previous |
| RBI Policy Rate | Policy Repo Rate | 4.00% | 4.00% |
| Reverse Repo Rate | 3.35% | 3.35% | |
| Bank Rate | 4.25% | 4.25% | |
| Reserve Ratio | CRR | 4.00% | 4.00% |
| SLR | 18.00% | 18.00% | |
| Inflation Rate | Wholesale Price Index | 10.66% | 11.39% |
| Consumer Price Index | 4.35% | 5.30% | |
| Trade Data | Export ($ Million) | 35470 | 33790 |
| Import ($ Million) | 55370 | 56390 | |
| IIP | 11.9% | 11.5% |
| Domestic Indices | Closing (4th
Nov) |
Change | %Change |
| BSE Sensex | 60,067.62 | 760.69 | 1.28 |
| Nifty | 17,916.80 | 245.15 | 1.39 |
| Mid Cap | 25,992.28 | 714.56 | 2.83 |
| Small Cap | 28,900.93 | 918.13 | 3.28 |
| Bank Nifty | 39,573.70 | 458.10 | 1.17 |
| Global Indices | Closing (5th Nov) | Change | %Change |
| Dow Jones | 36,329.07 | 509.48 | 1.42 |
| Nasdaq | 15,971.60 | 473.20 | 3.05 |
| FTSE | 7,303.96 | 66.39 | 0.92 |
| Nikkei | 29,611.57 | 718.88 | 2.49 |
| Hang Seng | 24,870.51 | -506.73 | -2.00 |
| Shanghai Com | 3,491.57 | -55.77 | -1.57
|
| Net Inflow (Cr) | FII | DII |
| 01-Nov-2021 | -202.13 | 116.01 |
| 02-Nov-2021 | 244.87 | -6.00 |
| 03-Nov-2021 | -401.48 | 195.56 |
| 04-Nov-2021 | -328.11 | 38.25 |
| Total | -686.85 | 343.82 |
| Top Gainers | Closing Price | Prev Close | Chg (%) |
| Indiabulls Hsg | 226.10 | 210.30 | 7.51 |
| Ultratech Cem. | 7880.80 | 7446.65 | 5.83 |
| SBI | 530.45 | 501.35 | 5.80 |
| Eicher Motors | 2661.60 | 2527.50 | 5.31 |
| Grasim Ind | 1791.60 | 1702.40 | 5.24 |
| Top Losers | Closing Price | Prev Close | Chg (%) |
| Reliance Ind. | 2498.85 | 2598.60 | -3.84 |
| Bajaj Finserv | 17594.00 | 17987.70 | -2.19 |
| ICICI Bank | 782.10 | 798.70 | -2.08 |
| Kotak Mah. Bk. | 2057.00 | 2098.50 | -1.98 |
| Tech Mahindra | 1505.85 | 1533.30 | -1.79 |
Source: Investing, NDTV, BSE, Business Standard, Moneycontrol
Economic News:
-
The Finance Ministry has asked for suggestions on taxation from industries and trade bodies for Budget 2022-23, which is going to set the tone for growth of India’s economy hit by the COVID-19 pandemic. In a communication to trade and industry associations, the ministry invited suggestions for changes in the duty structure, rates, and broadening of tax base on both direct and indirect taxes giving economic justification for the same. Suggestions may be sent to the ministry by November 15, 2021, it said.
-
Twenty-two states and union territories, mostly governed by the Bharatiya Janata Party or its partners, have reduced taxes on auto fuels, following the central government’s excise duty cut. Among the states and union territories that have cut value-added tax on petrol and diesel are Karnataka, Puducherry, Mizoram, Arunachal Pradesh, Manipur, Nagaland, Tripura, Assam, Sikkim, Bihar, Madhya Pradesh, Goa, Gujarat, Dadra & Nagar Haveli, Daman & Diu, Chandigarh, Haryana, Himachal Pradesh, Jammu & Kashmir, Uttarakhand, Uttar Pradesh, and Ladakh, according to a statement by the Ministry of Petroleum & Natural Gas. The Modi government cut excise duty on petrol and diesel by Rs 5 and Rs 10, respectively, on Diwali eve.
Industry News:
-
The production linked incentive (PLI) scheme approved by the government earlier this week would help provide a level-playing field to domestic players and create an enabling environment for the industry to compete globally, leading manufactures said. This will provide a conducive manufacturing environment and the companies would get the opportunity to manufacture high-quality products that are at par with their global counterparts, said the leading industry players, including Daikin, Daikin, Voltas, Blue Star and Panasonic.
-
Maruti Suzuki India on Wednesday said it sold around 13,000 units on the day of Dhanteras, lower than last year hampered by supply constraints due to semiconductor shortage, although Tata Motors NSE 0.99 % stated its deliveries grew 94 per cent. Automobile dealers’ body FADA on Tuesday termed the current festive season the worst in terms of business in a decade for its retail partners across the country as chip shortage impacted supplies in passenger vehicles creating a huge shortage of vehicles in SUV, compact – SUV and luxury segment.
Company News:
-
Reliance Industries rejected reports that Mukesh Ambani and family will move to London to partly reside in Stoke Park estate, saying the Ambani family has no plans whatsoever to relocate or reside in London.
-
With an aim to enhance its global business share, JK Tyre & Industries Ltd is launching its ‘eco range of products’ in both domestic and exports markets, according to an investor presentation by the company.
-
PNB Housing Finance is set to present its short and long-term capital requirements to the board, CEO Hardayal Prasad tells Nikunj Ohri. It is also looking to increase its presence in tier 2 and 3 cities to expand its affordable housing portfolio. Edited excerpts: Housing demand has picked up but your profit has declined by 25 per cent.
-
Gold loan company Muthoot Finance on Thursday reported a rise of 11 per cent in its Q2FY22 standalone net profit on a year-on-year basis. It also reported that its loan assets rose to Rs 55,147 crore as compared to Rs 47,016 crore in Q2FY21, registering a growth of 17 per cent on a YoY basis. Notably, during the quarter, gold loan assets increased by Rs 2,613 crore, which represents an increase of 5 per cent. The company’s consolidated loan AUM stood at Rs 60,919 crore as of end September 2021, clocking a growth of 17 per cent on a YoY basis.
-
The National Company Law Tribunal has approved state-owned gas utility GAIL (India) Ltd’s acquisition of bankrupt Infrastructure Leasing and Financial Services’ 26 per cent stake in ONGC Tripura Power Company (OTPC), GAIL said on Friday. OTPC is a special purpose vehicle between Oil and Natural Gas Corporation (ONGC), IL&FS Group and Government of Tripura (GoT) for setting up of a 726.6 MW combined cycle gas turbine (CCGT) thermal power plant at Palatana, Tripura
Global News
-
Opec+ stuck to its guns and maintained its modest output boost for December as the alliance shunned calls from key consumers to pump more. President Joe Biden has been a vocal advocate of a larger supply increase and the decision from the group prompted the US to say it would consider a wide range of tools to deal with prices.
-
The House on Friday passed the biggest U.S. infrastructure package in decades, marking a victory for President Joe Biden and unleashing $550 billion of fresh spending on roads, bridges, public transit and other projects in coming years.
(Source: Bloomberg Quint, Economic Times, BusinessToday,Business Standard, Financial Express,Investing, Moneycontrol, livemint)
Forthcoming Corporate Actions – 8th November –13th November
| Security Name | Ex-Date | Purpose | Security Name | Ex-Date | Purpose |
| ALLSEC | 08-Nov-21 | Interim Dividend – Rs. – 45.00 | BAYERCROP | 11-Nov-21 | Special Dividend – Rs. – 125.00 |
| ASIANTNE | 08-Nov-21 | Right Issue of Equity Shares | BELLACASA | 11-Nov-21 | Interim Dividend – Rs. – 1.00 |
| EMAMILTD | 08-Nov-21 | Interim Dividend – Rs. – 4.00 | BHAGCHEM | 11-Nov-21 | Interim Dividend – Rs. – 1.00 |
| IMFA | 08-Nov-21 | Interim Dividend – Rs. – 5.00 | BPCL | 11-Nov-21 | Interim Dividend – Rs. – 5.00 |
| KANSAINER | 08-Nov-21 | Interim Dividend – Rs. – 1.2500 | CANTABIL | 11-Nov-21 | Interim Dividend – Rs. – 1.00 |
| KPEL | 08-Nov-21 | Interim Dividend – Rs. – 0.50 | CARERATING | 11-Nov-21 | Interim Dividend – Rs. – 7.00 |
| MARICO | 08-Nov-21 | Interim Dividend – Rs. – 3.00 | DABUR | 11-Nov-21 | Interim Dividend – Rs. – 2.50 |
| NAM-INDIA | 08-Nov-21 | Interim Dividend – Rs. – 3.50 | GESHIP | 11-Nov-21 | Interim Dividend – Rs. – 4.50 |
| ORIENTCQ | 08-Nov-21 | Interim Dividend – Rs. – 7.00 | GSTL | 11-Nov-21 | Final Dividend – Rs. – 0.20 |
| SWISSMLTRY | 08-Nov-21 | Right Issue of Equity Shares | INDTONER | 11-Nov-21 | Interim Dividend – Rs. – 3.00 |
| TCI | 08-Nov-21 | Interim Dividend – Rs. – 2.00 | IOC | 11-Nov-21 | Interim Dividend – Rs. – 5.00 |
| TRITURBINE | 08-Nov-21 | Interim Dividend – Rs. – 0.40 | KHAICHEM | 11-Nov-21 | Interim Dividend – Rs. – 0.1500 |
| TRITURBINE | 08-Nov-21 | Special Dividend – Rs. – 0.60 | KKCL | 11-Nov-21 | Interim Dividend – Rs. – 10.00 |
| AJANTPHARM | 09-Nov-21 | Interim Dividend – Rs. – 9.50 | KPIGLOBAL | 11-Nov-21 | Interim Dividend – Rs. – 0.60 |
| DAAWAT | 09-Nov-21 | Interim Dividend – Rs. – 0.50 | NACLIND | 11-Nov-21 | Interim Dividend – Rs. – 0.1500 |
| DALBHARAT | 09-Nov-21 | Interim Dividend – Rs. – 4.00 | NATCAPSUQ | 11-Nov-21 | Right Issue of Equity Shares |
| EMBASSY | 09-Nov-21 | Income Distribution RITES | PRATIKSH | 11-Nov-21 | Interim Dividend – Rs. – 0.50 |
| HAPPSTMNDS | 09-Nov-21 | Interim Dividend – Rs. – 1.7500 | PRECWIRE | 11-Nov-21 | Interim Dividend – Rs. – 1.7500 |
| INDINFR | 09-Nov-21 | Income Distribution (InvIT) | RADHIKAJWE | 11-Nov-21 | Interim Dividend – Rs. – 1.00 |
| PGHH | 09-Nov-21 | Final Dividend – Rs. – 80.00 | RAIN | 11-Nov-21 | Interim Dividend – Rs. – 1.00 |
| SAIL | 09-Nov-21 | Interim Dividend – Rs. – 4.00 | RECLTD | 11-Nov-21 | Interim Dividend – Rs. – 2.50 |
| SHAREINDIA | 09-Nov-21 | Interim Dividend – Rs. – 1.2500 | RSYSTEMINT | 11-Nov-21 | Interim Dividend – Rs. – 3.20 |
| SRTRANSFIN | 09-Nov-21 | Interim Dividend – Rs. – 8.00 | SHAHLON | 11-Nov-21 | Stock Split from Rs.10/- to Rs.2/- |
| TRIVENI | 09-Nov-21 | Interim Dividend – Rs. – 1.2500 | SHK | 11-Nov-21 | Buy Back of Shares |
| AARTIIND | 10-Nov-21 | Interim Dividend – Rs. – 1.00 | SHRIRAMCIT | 11-Nov-21 | Interim Dividend – Rs. – 10.00 |
| DEEPIND | 10-Nov-21 | Interim Dividend – Rs. – 1.40 | UNIAUTO | 11-Nov-21 | Bonus issue 1:4 |
| GMM | 10-Nov-21 | Interim Dividend – Rs. – 1.00 | ASMTEC | 12-Nov-21 | Interim Dividend – Rs. – 2.50 |
| GRMOVER | 10-Nov-21 | Interim Dividend – Rs. – 5.00 | HKG | 12-Nov-21 | Right Issue of Equity Shares |
| GRMOVER | 10-Nov-21 | Stock Split from Rs.10/- to Rs.2/- | JAICORPLTD | 12-Nov-21 | Dividend – Rs. – 0.50 |
| IRFC | 10-Nov-21 | Interim Dividend – Rs. – 0.7700 | PGINVIT | 12-Nov-21 | Income Distribution (InvIT) |
| LUXIND | 10-Nov-21 | Interim Dividend – Rs. – 12.00 | PRINCEPIPE | 12-Nov-21 | Interim Dividend – Rs. – 1.50 |
| AKSCHEM | 11-Nov-21 | Buy Back of Shares | STEELCAS | 12-Nov-21 | Interim Dividend – Rs. – 1.3500 |
| BANARBEADS | 11-Nov-21 | Interim Dividend – Rs. – 2.00 | SUNTV | 12-Nov-21 | Interim Dividend |
Source: BSE, Elite wealth Researh
Upcoming Key Board Meetings (BSE 500) – 8th November – 13th November
| Symbol | Purpose | BM Date | Symbol | Purpose | BM Date |
| BALRAMCHIN | Quarterly Results | 08-Nov-21 | GODREJCP | Quarterly Results | 11-Nov-21 |
| EIDPARRY | Interim Dividend;Quarterly Results | 08-Nov-21 | PTC | Quarterly Results | 11-Nov-21 |
| BRITANNIA | Quarterly Results | 08-Nov-21 | MINDAIND | Quarterly Results | 11-Nov-21 |
| MOTHERSUMI | General | 08-Nov-21 | PFC | Quarterly Results | 11-Nov-21 |
| AUROPHARMA | Interim Dividend;Quarterly Results | 08-Nov-21 | PAGEIND | Interim Dividend;Quarterly Results | 11-Nov-21 |
| KRBL | Quarterly Results | 08-Nov-21 | ASTRAL | Interim Dividend;Quarterly Results | 11-Nov-21 |
| WOCKPHARMA | General;Quarterly Results | 08-Nov-21 | BRIGADE | Quarterly Results | 11-Nov-21 |
| SOBHA | General;Quarterly Results | 08-Nov-21 | NHPC | Quarterly Results | 11-Nov-21 |
| VMART | Quarterly Results | 08-Nov-21 | GPPL | Interim Dividend;General;Results | 11-Nov-21 |
| UJJIVANSFB | Quarterly Results | 08-Nov-21 | PRESTIGE | Quarterly Results | 11-Nov-21 |
| BHEL | Quarterly Results | 09-Nov-21 | SCHNEIDER | General;Quarterly Results | 11-Nov-21 |
| PGHL | Quarterly Results | 09-Nov-21 | ENDURANCE | Quarterly Results | 11-Nov-21 |
| MFSL | Quarterly Results | 09-Nov-21 | HUDCO | Quarterly Results | 11-Nov-21 |
| MRF | Interim Dividend;Quarterly Results | 09-Nov-21 | NIACL | General;Quarterly Results | 11-Nov-21 |
| NCC | Quarterly Results | 09-Nov-21 | BDL | Quarterly Results | 11-Nov-21 |
| M&M | General;Quarterly Results | 09-Nov-21 | HAL | Interim Dividend;Quarterly Results | 11-Nov-21 |
| BOSCHLTD | Quarterly Results | 09-Nov-21 | SOLARA | Quarterly Results | 11-Nov-21 |
| TATAINVEST | Quarterly Results | 09-Nov-21 | RITES | Interim Dividend;Quarterly Results | 11-Nov-21 |
| ASTRAZEN | Quarterly Results | 09-Nov-21 | VARROC | General;Quarterly Results | 11-Nov-21 |
| HEG | Quarterly Results | 09-Nov-21 | AMARAJABAT | Quarterly Results | 12-Nov-21 |
| HINDCOPPER | Quarterly Results | 09-Nov-21 | FORCEMOT | Quarterly Results | 12-Nov-21 |
| IGL | Quarterly Results | 09-Nov-21 | BEML | Quarterly Results | 12-Nov-21 |
| PETRONET | Interim Dividend;Quarterly Results | 09-Nov-21 | FINCABLES | Quarterly Results | 12-Nov-21 |
| IDFC | Quarterly Results | 09-Nov-21 | HEROMOTOCO | Quarterly Results | 12-Nov-21 |
| REDINGTON | Quarterly Results | 09-Nov-21 | HSCL | Quarterly Results | 12-Nov-21 |
| POWERGRID | General;Quarterly Results | 09-Nov-21 | GRASIM | Quarterly Results | 12-Nov-21 |
| GODREJAGRO | Quarterly Results | 09-Nov-21 | ONGC | Quarterly Results | 12-Nov-21 |
| MIDHANI | Quarterly Results | 09-Nov-21 | HINDALCO | Quarterly Results | 12-Nov-21 |
| CREDITACC | Quarterly Results | 09-Nov-21 | ASHOKLEY | Quarterly Results | 12-Nov-21 |
| CRISIL | Interim Dividend;Quarterly Results | 10-Nov-21 | ABBOTINDIA | Quarterly Results | 12-Nov-21 |
| ESABINDIA | Interim Dividend | 10-Nov-21 | BHARATFORG | Quarterly Results | 12-Nov-21 |
| EPL | Interim Dividend;Quarterly Results | 10-Nov-21 | AKZOINDIA | Quarterly Results | 12-Nov-21 |
| KSB | Quarterly Results | 10-Nov-21 | EIHOTEL | Quarterly Results | 12-Nov-21 |
| PIDILITIND | Quarterly Results | 10-Nov-21 | NESCO | Quarterly Results | 12-Nov-21 |
| BIRLACORPN | Quarterly Results | 10-Nov-21 | APOLLOHOSP | Quarterly Results | 12-Nov-21 |
| HAWKINCOOK | Quarterly Results | 10-Nov-21 | AVANTI | Quarterly Results | 12-Nov-21 |
| BERGEPAINT | Quarterly Results | 10-Nov-21 | MOTHERSUMI | Quarterly Results | 12-Nov-21 |
| JAMNAAUTO | Interim Dividend;Quarterly Results | 10-Nov-21 | TASTYBIT | Quarterly Results | 12-Nov-21 |
| TIMKEN | Quarterly Results | 10-Nov-21 | 3MINDIA | General;Quarterly Results | 12-Nov-21 |
| BALMLAWRIE | Quarterly Results | 10-Nov-21 | LINDEINDIA | Quarterly Results | 12-Nov-21 |
| VINATIORGA | Quarterly Results | 10-Nov-21 | ITI | Quarterly Results | 12-Nov-21 |
| RCF | Interim Dividend;Quarterly Results | 10-Nov-21 | PIIND | Quarterly Results | 12-Nov-21 |
| INDIACEM | Quarterly Results | 10-Nov-21 | IOLCP | Quarterly Results | 12-Nov-21 |
| BANKBARODA | Quarterly Results | 10-Nov-21 | ITDC | Quarterly Results | 12-Nov-21 |
| STAR | Quarterly Results | 10-Nov-21 | CUB | Quarterly Results | 12-Nov-21 |
| FSL | Quarterly Results | 10-Nov-21 | NATIONALUM | Quarterly Results | 12-Nov-21 |
| OIL | Quarterly Results | 10-Nov-21 | GLENMARK | Quarterly Results | 12-Nov-21 |
| MOIL | Buy Back of Shares;Results | 10-Nov-21 | GRANULES | Interim Dividend;Quarterly Results | 12-Nov-21 |
| APLLTD | General;Quarterly Results | 10-Nov-21 | SUZLON | Quarterly Results | 12-Nov-21 |
| NH | Quarterly Results | 10-Nov-21 | KSCL | Interim Dividend;Quarterly Results | 12-Nov-21 |
| EQUITAS | Quarterly Results | 10-Nov-21 | KNRCON | Quarterly Results | 12-Nov-21 |
| GICRE | General;Quarterly Results | 10-Nov-21 | SJVN | Quarterly Results | 12-Nov-21 |
| GALAXYSURF | Quarterly Results | 10-Nov-21 | COALINDIA | Quarterly Results | 12-Nov-21 |
| INDOSTAR | Quarterly Results | 10-Nov-21 | FCONSUMER | Quarterly Results | 12-Nov-21 |
| RVNL | Quarterly Results | 10-Nov-21 | RHIM | General;Quarterly Results | 12-Nov-21 |
| METROPOLIS | Quarterly Results | 10-Nov-21 | NBCC | Quarterly Results | 12-Nov-21 |
| AFFLE | Quarterly Results | 10-Nov-21 | ALKEM | Quarterly Results | 12-Nov-21 |
| FLUOROCHEM | Quarterly Results | 10-Nov-21 | TEAMLEASE | Quarterly Results | 12-Nov-21 |
| MAZDOCK | Quarterly Results | 10-Nov-21 | FINEORG | Quarterly Results | 12-Nov-21 |
| CESC | Quarterly Results | 11-Nov-21 | IRCON | Interim Dividend;Quarterly Results | 12-Nov-21 |
| IFCI | Quarterly Results | 11-Nov-21 | GRSE | Quarterly Results | 12-Nov-21 |
| PEL | Quarterly Results | 11-Nov-21 | MAXHEALTH | Quarterly Results | 12-Nov-21 |
| SUNDRMFAST | Quarterly Results | 11-Nov-21 | BURGERKING | Quarterly Results | 12-Nov-21 |
| TATASTEEL | General;Quarterly Results | 11-Nov-21 | GODREJIND | General;Quarterly Results | 13-Nov-21 |
| BALKRISIND | Interim Dividend;Quarterly Results | 11-Nov-21 | SWANENERGY | Quarterly Results | 13-Nov-21 |
| ZEEL | Quarterly Results | 11-Nov-21 | IPCALAB | Interim Dividend;Results;Stock Split | 13-Nov-21 |
| JBCHEPHARM | Quarterly Results | 11-Nov-21 | MANAPPURAM | Interim Dividend;General;Results | 13-Nov-21 |
| GARFIBRES | Quarterly Results | 11-Nov-21 | JKCEMENT | Quarterly Results | 13-Nov-21 |
| NLCINDIA | Quarterly Results | 11-Nov-21 | DISHTV | Quarterly Results | 13-Nov-21 |
| JTEKTINDIA | Quarterly Results | 11-Nov-21 | ASHOKA | Quarterly Results | 13-Nov-21 |
| NATCOPHARM | Interim Dividend;Quarterly Results | 11-Nov-21 | PNCINFRA | General;Quarterly Results | 13-Nov-21 |
| NMDC | Quarterly Results | 11-Nov-21 | THYROCARE | Quarterly Results | 13-Nov-21 |
| FDC | Quarterly Results | 11-Nov-21 | QUESS | Quarterly Results | 13-Nov-21 |
| ENGINERSIN | Quarterly Results | 11-Nov-21 | SWSOLAR | Quarterly Results | 13-Nov-21 |
Major Economy Indicators
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2. Compensation
(a) EWL or its associates have not received any compensation from the subject company in the past twelve months;
(b) EWL or its associates have not managed or co-managed public offering of securities for the subject company in the past twelve months;
(c) EWL 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 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 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 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