Bank of Baroda raises Rs 2,474 crore by issuing bonds
State-run #BANKBARODA on August 22 said its board has approved raising capital by way of issuance of Basel III compliant Additional Tier 1 (AT-1) bonds. The bank is expected to raise Rs 2,474 crore by issuing bonds at a rate of 7.88% through stock exchanges in single or multiple tranches.
AT-1 bonds are high-yielding annual coupon-bearing perpetual bonds with no fixed maturity date. These bonds can be treated as equity rather than debt with a steady flow of interest forever.
Raising money through issue of bonds
Companies can raise capital either through debt or equity financing. Equity financing involves giving up a percentage of ownership in a company to investors. Debt on the other hand requires borrowing money from a bank or other lender or issuing corporate bonds. The full amount borrowed has to be paid back, plus interest which is the cost of the company.
Ex: Adani group of companies have used debt extensively to fund its operations: #ADANIGREEN has a debt outstanding of 52,832 crores and a debt to equity ratio of 44.4.
#ADANIGREEN #BANKBARODA #InvestingUniversity
#ADANIGREEN #ADANIPOWER #NDTV
#ADANIGREEN 2528 5%up : target 2615 & more
#ADANIGREEN 2420 5%up : Targets 2515
Multibagger Adani Stock ₹1 lakh turns ₹64 lakh - 183% CAGR over 4 years | Adani Green Share News : https://youtu.be/XgF69jv2aXE
#ADANIGREEN #ADANITRANS #ATGL #AWL
*My view on ADANI GROUP stocks*
At these valuations, I am not at all comfortable in any Adani Group stocks except Adani Power and Adani Ports
I strongly feel everyone should book profits or loss (EXIT) whatever it is at current market prices in Adani stocks except these two
It may move up crazily further, let it be 🙏
#ADANIGREEN 2306 : Hits close to 2355, next 2400 & more in..
Early Recommendations 2125 to 2306
STOCKS in ACTION 6 Apr
Ducon Infratechnologies fixes April 13, 2022 as record date for bonus issue
Veeram Securities Ltd fixes April 19, 2022 as record date for stock split
Adani Green/Adani Enterprise: To consider raising funds on April 8 by way of a rights issue, preferential allotment, including a qualified institutional placement or through any other mode.
Ruchi Soya Industries allots 6,61,53,846 Equity Shares, raises Rs. 4300 crore
U GRO Capital Limited files prospectus with ROC for NCD issue of Rs. 100 crores
Gufic Biosciences receives DCGI approval for Thymosin Alpha-1
Jio-bp and TVS Motor Company to collaborate on EV solutions
Dr Lal PathLabs to use drones for transport of blood samples
NTPC: Signs Pact With Gujarat Gas Blending Of Green Hydrogen In Piped Natural Gas – Statement
Coastal Corporation Ltd commences trial production at its new plant
Triveni Engineering & Industries Ltd commissions new 160 KLPD distillery
M&M: To Go Ahead With Advance Chemistry Cell Manufacturing Plans With/Without PLI Support || Co Will Be Spending Over Rs 3000 Cr For Cell Manufacturing To Be Used In Electric Vehicles - Etnow, Citing Sources
DCB Bank launches its 400th branch, the 21 st branch in Delhi NCR
Union Bank of India to conduct Digital Conclave at Mumbai
Canopy Finance Ltd to reverse merge with Purple Finance Ltd
TCS: Kansas Selects TCS as Technology Partner to Transform Unemployment Insurance System
Mindtree: Invests In Cope Health Solutions To Accelerate Its Healthcare Business || Co Has Made A Strategic Investment And Agreed To Acquire A 6.64% Stake In Cope Healthcare Consulting Inc., USA
Resurgent Power Ventures Pte Ltd completes acquisition of NRSS XXXVI Transmission Ltd
Dish TV: Received RBI nod to divest its stake in Sri Lankan arm.
Bandhan Bank: Loans & Advances Up 16% (YoY) At About 1.01t Rupees As Of End-March || Collection Efficiency For March Was 96%
Poonawalla Fincorp: Q4 Disbursements At About 33.3b Rupees Collection Efficiency Stood At About 108.4% In March Aum At About 165.75b Rupees As Of March 31, Up 17% (YoY)
Tata Steel Long Products: Crude steel production in Q4 FY22 stood at 1.66 lakh tonnes, while volumes increased 6% year-on-year in the fiscal ended March 31, 2022.
Marico: Says During Quarter, Consumption Trends Remained Subdued Amidst Weak Rural Sentiment And Inflation In Global Commodities Aggravating
Goa Carbon Ltd shuts down Goa unit for maintenance work from Apr 5, 2022
Rain Industries subsidiary to shut down one CPC kiln at Vizag plant
#ADANIGREEN #RUCHI #GUFICBIO #TRIVENI #BANDHANBNK
#ADANIGREEN 2012 : Crossed Targets 2000, next 2075 & more in..
Early Recommendations 1915 to 2050
Budget 2022 Series - Real Estate and Renewables
Expectations around the budget are buzzing the media throughout the prior month. Expert advice has suggested many sectors that may benefit and many that may not reap fruits from the big day. Two such sectors expected to gain in the budget for 2022-23 are namely real estate and renewable energy.
After a significant setback during the pandemic, the sector received growing opportunities from budget 2021. The latter half of 2021 saw a growth in the sector, especially in the residential part. Looking into the future, experts expect the following aid from the budget to help them sustain the post-pandemic growth.
1. Removing demand restrictions: The players expect lower interest rates on housing loans and an increase in the lending rate from banks for housing loans to 90% from 75-80%. They also hope the government allows second home purchases for the salaried class. An increase in the tax rebate amount from 2 lakhs to 5 lakhs is also expected to boost demand.
2. Affordable housing: In the previous budgets, affordable housing was based on the property size, pricing, and salary of an individual. This restricts pricing in many developed places. The sector expects the definition to be based on the loans a person can acquire (central bank's definition) to increase pricing, especially in developed cities. The tax holiday for interest payment up to 1.5 lakhs helped instill the demand last year. A further extension of the benefit is expected.
3. Supply-side boosts: Project approval procedures are expected to be made easier. The percentage of bank loans on land purchase is another awaited change. Public infrastructure projects are expected to be pushed forward and completed as soon as possible to revalue the assets in various regions.
The production and distribution of renewable energy and electric vehicles are attracting investment in the global markets. They also seem to satisfy the recent trend of ESG investments. The sector is growing fast and has seen substantial support from the government and investors in the previous year. To highlight the Rs.12k crore funding for green energy push and the vast investment from Ambani in electric vehicles and green energy in the later part of 2021 are some. In addition to the demand satisfying the demand criteria, green energy helps reduce the country's carbon footprints. The following expectations are at hand by investors to aid the sector's growth.
1. Tax redemption: The FICCI recommended that the government allow a 15% for companies investing in green technology and a total tax redemption for investment and purchase of green technology assets.
2. Credit guarantee: The chamber also recommended formulating a credit guarantee scheme, primarily to mitigate the risk from low credit rating customers to help them finance rooftop solar projects from banks. They believe that, though rooftop solar projects are widespread among industries, the residential part remains untapped and can contribute to almost 15% of the total rooftop solar capacity.
#DLF #IBREALEST #GODREJPROP #TATAPOWER #ADANIGREEN
ADANI GREEN ENERGY: SALE OF ENERGY INCREASES BY 97% (YOY) AT 2,504M UNITS IN Q3
Some stocks which can show good upside in coming days as nice price action set up is being setup. Keep on radar!
2- Century ply
4- Home First
Stocks To Watch
#ADANIGREEN : Total Operational Capacity nearly doubled to 5,410 MW on YoY basis. Sale of Energy up by 61% YoY at 1,901 million units in Q2 FY22 versus 1,182 million units in Q2 FY21.
#TATAMOTORS : Tata Motors Group global wholesales in Q2 FY22, including Jaguar Land Rover, were at 2,51,689 units, up 24% year-on-year. Global wholesales of commercial vehicles and Tata Daewoo range were at 89,055 units, up 57% YoY. Global wholesales of passenger vehicles were at 1,62,634 units, up 11% YoY. Global wholesales for Jaguar Land Rover were 78,251 units.
Ujjivan Small Finance Bank: Total deposits up 31% year-on-year at Rs 14,090 crore in Q2 FY22 compared to Rs 10,743 crore last year. CASA Ratio at 22% compared to 16% last year. Gross loan book up 4% at Rs 14,508 crore Vs Rs 13,890 crore.
#PIIND : The company has executed two joint venture agreements with Polymath Holdings, LLC for undertaking the business of manufacturing and selling the products for biochemistry processes and biochemical-enabled pharmaceutical intermediates.
Kaveri Seed Company: Closed buyback of equity shares on Monday. It has bought back 20.07 lakh shares, at an average price of Rs 597.50 per share, for an aggregate amount of Rs 119.94 crore.
#ZEEL : In an open letter to the Zee Entertainment's shareholders, Invesco Fund has raised questions regarding its management, governance and value destruction.
TVS Group stocks: Competition Commission of India has approved internal restructuring of TVS Group.
#HCLTECH : The company has partnered with Google Cloud to launch healthcare and life sciences solutions for customers.
Welspun Enterprises: Appointed Sanjay Sultania as Chief Financial Officer of the company w.e.f. October 11.
Schaeffler India: Board of Directors will consider subdivision of equity shares on October 28.
Ugro Capital: Board to meet on October 14 to consider raising funds by way of issuance of non-convertible debentures through public issue.
Earnings: GM Breweries, JTL Infra
“🌁Renewable Energy & Green Hydrogen” Invest in World’s Fastest Growing Economy-Our India🇮🇳
🚼Green Hydrogen:JSW Energy Partners Fortescue (Australia)
Stocks for the day:04/08/2021. Expect good moves today!!
SEBI Investigating Some Adani Group Firms, Minister Says
· Market regulator SEBI is investigating some Adani Group companies with regard to compliance with rules, Pankaj Chaudhary, minister of state for finance, says in a written reply to a lawmaker’s questions.
· The Directorate of Revenue Intelligence is also investigating certain entities belonging to the Adani Group under laws administered by it, according to the minister.
· Holding of Foreign Portfolio Investors in six publicly-traded Adani companies is based on day to day trading of shares and thus dynamic, the minister says.
#ADANIENT #ADANIPOWER #ADANIGREEN #ADANIPORTS
Adani Green Energy: Promoter Infinite Trade and Investment bought 15 lakh shares on June 11.
Accelya Solutions India: Promoter Accelya Group Bidco sold 21.81 lakh shares between June 10-11.
Shree Pushkar Chemicals & Fertilisers: Promoter Gautam Makharia bought 19,083 shares on June 10.
Valiant Organics: Promoter Hemchand Gala sold 1,153 shares on June 11.
Westlife Development: Promoter Makino Holdings sold 13.15 lakh shares between June 9-11.
Adani stocks beaten across the board as envisaged.if you got out in time.do share.
Adani shares on scam alert. Stay cautious. All lower circuit.
#ADANIGREEN #ADANIPORTS #ADANIENT #ADANIPOWER #ADANITRANS