CORPORATE NEWSLETTER

17th August 2015

SWASTIKA INTELLIGENCE GROUP

MARKET ROUND-UP
Particulars

Trading of CNX Nifty futures on the Singapore stock

exchange indicates that the Nifty could fall 22.50 points at
the opening bell tracking weakness in Asian markets and
decline in US equities on Friday, 14 August 2015.
Foreign portfolio investors (FPIs) bought shares worth a
net Rs 403.76 crore during previous trading session on
Friday, 14 August 2015, as per provisional data released by
the stock exchanges. Domestic institutional investors (DIIs)
bought shares worth a net Rs 179.20 crore on Friday, 14
August 2015, as per provisional data.
The International Monetary Fund (IMF) has called on
eurozone ministers to offer Greece debt relief, following
the approval of a new bailout deal. Greece will receive up
to 86 billion euros in loans over the next three years, in
return for tax rises and spending cuts. IMF chief Christine
Lagarde welcomed the agreement, but warned Greek debt
had become unsustainable, as per reports.
Trading for the week ended on a strong note on Friday,
14 August 2015, as key benchmark indices surged as
market sentiment was boosted by hopes of a possible rate
cut by the Reserve Bank of India after data released on 14
August 2015 showed wholesale price index (WPI) for July
2015, slipped further into negative terrain and stood at
minus 4.05% as compared to minus 2.4% in June 2015.
The S&P BSE Sensex jumped 517.78 points or 1.88% to
settle at 28,067.31, its highest closing level since 10 August
2015.

TURNOVER IN CASH (RS. IN CR.)

NSE
BSE
17997.09

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3231.37

Current Value
Points
% Change
High
Low
Previous Close

Index
SGX Nifty
Nikkei 225
Shanghai
Hang Seng
Dow Jones
Nasdaq
FTSE
CAC
DAX

COMMODITIES
Crude Oil (Brent)
Comex Gold
Comex Silver

INDIAN MARKETS
BSE
28067.31
+517.78
+1.88
28100.64
27643.20
27549.53

NSE
8518.55
+162.70
+1.95
8530.10
8381.20
8355.85

WORLD INDICES
Close
8524.00
20519.45
3965.64
23991.03
17477.40
5053.56
6556.33
4948.07
10929.88

Change
-22.50
-76.10
+11.08
-27.77
+69.15
-10.83
-12.00
-38.78
-84.75

UNITS

VALUE

CHANGE

$/bbl
$/oz.
$/oz.

48.55
1115.40
15.24

-0.64
+2.70
+0.02

FII DERIVATIVES STATISTICS (RS. IN CR.)

SEGMENT
Buy
Sell
Open Interest
INDEX FUTURES
INDEX OPTIONS
STOCK FUTURES
STOCK OPTIONS

2249.65
16449.84
2875.75
3031.72

1814.46
15783.20
2946.35
3092.38

14936.00
77286.42
52573.35
3857.67

MARKET METER
Group
NSE
BSE

Advance
+47.00
+1790.00

Decline
-3.00
-1054.00

Unchanged
0.00
99.00

Page 1 of 6

CORPORATE NEWSLETTER
17th August 2015

SWASTIKA INTELLIGENCE GROUP

RESULTS TODAY

HFCL,Valecha Engg

NEWS DIGEST

Government launches PSB revamp plan 'Indradhanush'

-Finance Minister Arun Jaitley says
-Last 2-3 years have been challenging for PSU banks
-No cause for panic w.r.t PSU Banks
-Initiatives taken recently have helped fix some problems of PSU banks
-Government has been reviewing the health of PSBs; no cause for panic
-Need to deal with banks & stressed sectors separately
-Highway sector is beginning to see positive movement
-Steel, power, highways, discoms & sugar sectors responsible for banking stress
-Problem of steel sector is external in nature
-Trying to address stress in sugar sector
-Unless states take corrective action banks can't support discoms endlessly
-A banking investment holding company will be set up
-Government to announce details of bank board bureau soon
-Each bank will be monitored on key performance indicators
Banking Secretary Rajiv Mehrishi says
-Have appointed MD & CEO for Bank of Baroda (BoB), Punjab National Bank (PNB), Canara Bank & IDBI Bank
-Rakesh Sharma of Lakshmi Vilas Bank will be new MD & CEO of Canara Bank
-Ravi Venkatesan to be non-executive chairman of BoB
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Page 2 of 6

CORPORATE NEWSLETTER
SWASTIKA INTELLIGENCE GROUP

17th August 2015

-Bank board bureau to be appointed in six months

-Six more non-executive chairman posts to be filled in 6 months
-Bank board bureau will start functioning in April 2016
-3 members each from government & private sector to be part of bank board bureau
-G Padmanabhan will be non-executive chairman of Bank Of India
-TN Manoharan will be non-executive chairman of Canara Bank
-G Narayanan will be non-executive chairman of Vijaya Bank
-TCV Subramanian will be non-executive chairman of Indian Bank
-Will infuse Rs 2,009 crore into Indian Overseas Bank (IoB) and Rs 1,080 crore into United Bank
-Will infuse Rs 5,531 crore into SBI & Rs 2,255 crore into Bank of India
-Will infuse Rs 1,786 crore into BoB & Rs 1,732 crore into PNB
-Will infuse Rs 394 crore into Bank of Maharashtra & Rs 407 crore into Dena Bank
-Need to develop a vibrant debt market, strengthen asset reconstruction companies (ARCs)
-Will infuse Rs 2,229 crore into IDBI Bank
-Will infuse Rs 947 crore into Canara Bank & Rs 857 crore into Corporation Bank
-Will infuse Rs 378 crore into Andhra Bank & Rs 283 crore into Allahabad Bank
-Other strategic initiatives such as consolidation may also be announced
-Next Gyan Sangam will be held on January 14-16
-Bank holding company will Help PSU banks raise capita
l -More flexibility would be given to banks to recruit staff at middle level
-Rs 20,000 crore capital infusion into PSBs will be released in a month

Government says
-PS Jayakumar appointed MD & CEO of Bank Of Baroda
-MO Rego appointed MD & CEO of Bank Of India
-Rakesh Sharma appointed MD & CEO of Canara Bank
-Kishore Kharat PirajiI appointed MD & CEO of IDBI Bank
-Usha Ananthasubramanian appointed MD & CEO of Punjab National Bank
-Ravi Venkatesan appointed non-executive chairman of Bank Of Baroda
-G Padmananbhan appointed non-executive chairman of Bank Of India
-TN Manoharan appointed non-executive chairman of Canara Bank
-G Narayanan appointed non-executive chairman of Vijaya Bank
-TCV Subramainian appointed non-executive chairman of Indian Bank

July auto sales: Tata Motors

-Group global wholesales at 73,535 units versus 76,602 units (MoM)
-JLR global wholesales at 32,568 units versus 34,908 units (MoM)
-Jaguar global wholesales at 6,882 units versus 7,087 units (MoM)
-Land Rover global wholesales at 25,686 units versus 27,821 units (MoM)

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Page 3 of 6

CORPORATE NEWSLETTER
SWASTIKA INTELLIGENCE GROUP

17th August 2015

Standard Life to increase its stake in HDFC Life to 35 percent HDFC says
-To sell 17.95 crore of HDFC Life to Standard Life at Rs 95/share (9 percent equity)
-Post stake sale in HDFC Life, companys holding in HDFC Life will be 61.65 percent
-Post stake sale in HDFC Life, Standard Life to hold 35 percent in HDFC Life
Jet Airways says
-Etihad has no plans to increase stake in company
-Capacity to increase by 10 percent in FY16
-Revenue growth will be in line with capacity growth
-Companys total debt stands at Rs 11,902 crore
-Not defaulting any payments to banks or vendors
Cipla Q1
-Consolidated net profit at Rs 651 crore versus Rs 294.6 crore (YoY)
-Consolidated total income up 41.6 percent at Rs 3,852.8 crore versus Rs 2,720 crore (YoY)
-Consolidated EBITDA up 91.8 percent at Rs 1,039 crore versus Rs 542 crore (YoY)
-Consolidated operating margin at 27 percent versus 19.9 percent (YoY)
Reliance Communications (RComm) Q1
-Consolidated net profit down 22.7 percent at Rs 177 crore versus Rs 228 crore (QoQ)
-Consolidated total income down 3.5 percent at Rs 5,493 crore versus Rs 5,694 crore (QoQ)
-Consolidated EBITDA down 7.1 percent at Rs 1,827 crore versus Rs 1,967 crore (QoQ)
-Consolidated EBITDA margin at 33.3 percent versus 34.5 percent (QoQ)
-Average revenue per user at Rs 140 -Revenue per minute at 44.5 paisa
Amara Raja Q1
-Net profit at Rs 122 crore versus Rs 106 crore (YoY)
-Total income at Rs 1,145 crore versus Rs 1,029 crore (YoY)
-EBITDA at Rs 208 crore versus Rs 176 crore (YoY)
-EBITDA Margin At 18.2 percent versus 17.1 percent (YoY)
Ess Dee Aluminium Q1
-Consolidated net profit up 27.3 percent at Rs 7 crore versus Rs 5.5 crore (YoY)
-Consolidated total income up 1.7 percent at Rs 184.6 crore versus Rs 181.5 crore (YoY)
BEML Q1
-Net loss at Rs 74.9 crore versus loss of Rs 95.5 crore (YoY)
-Total income up 17.6 percent at Rs 590.2 crore versus Rs 501.7 crore (YoY)
Punj Lloyd Q1
-Net loss at Rs 597.8 crore versus loss of Rs 363.9 crore (YoY)
-Total income at Rs 657.3 crore versus Rs 1,113.8 crore (YoY)

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Page 4 of 6

CORPORATE NEWSLETTER
SWASTIKA INTELLIGENCE GROUP

17th August 2015

Gitanjali Gems Q1
-Consolidated net profit at Rs 28 crore versus Rs 10.1 crore (YoY)
-Consolidated total income up 37.2 percent at Rs 2,845 crore versus Rs 2,073 crore (YoY)
Pipavav Defence Q1
-Net loss at Rs 167.3 crore versus profit of Rs 8 crore (YoY)
-Total income at Rs 107 crore versus Rs 316.5 crore (YoY)
Other stocks and sectors that are in news today:
-Government gives environment & forest nods for MOIL s Nagpur mine
- Infosys Finacle & Payveris partner to bring industry
-leading solutions to US community banks & credit unions

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Page 5 of 6

CORPORATE NEWSLETTER
17th August 2015

SWASTIKA INTELLIGENCE GROUP

Report Prepared By
Sandeep Choubey

Designation
Technical Research Analyst

E-Mail ID
sandeep.choubey@swastika.co.in

Research Team
Santosh Meena
Sandeep Choubey
Anisha Agrawal
Amit Khare
Manish Bimal
Khwaja Mansoori

Designation
Senior Research Analyst
Technical Research Analyst
Fundamental Research Analyst
Senior Research Analyst
Technical Research Analyst
Technical Research Analyst

E-Mail ID
santosh.meena@swastika.co.in
sandeep.choubey@swastika.co.in
anisha.agrawal@swastika.co.in
amit.khare@swastika.co.in
manish.bimal@swastika.co.in
khwaja.husan@swastika.co.in

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