G-NEWS
• Most awaited paytm IPO subscribed 18% on Day-1
• Maruti Suzuki plans to set up new Haryana unit by 2021-end
• Order for 200 low-floor electric buses secured by JBM Auto from Delhi Govt. Positive
• Japan’s Softbank sinks into losses over china investments
• Motherson sumi board nods to fundraising of up to rs 1000 Crore
• Nifty closes above 18000, Hanging man pattern in bottom; hint of reversal from here.
• 90% of inventory in south central Mumbai remain unsold
• India must invest in hydro resources to attain 500 GW RE capacity target. Positive for NHPC
• Bajaj Auto may establish first EV plant in Akurdi
• Ather energy registers 12 times growth in October sales. positive for Hero Moto Corp
• Govt wants NTPC to emerge as global energy behemoth
• Inox Wind stocks gain on Monday on wining NTPC renewable project
• Stel Holding posted net 431400% profit with 6123% higher sales.
• FIIs still in net Selling , sold 860 crore in cash market on 8th Nov.
• Results –
o HG Infra – 96.9% up in net profit , 61.7% up in sales
o Shyam Metalic – 159.2% up in net profit , 86.8% up in sales
o ACE ltd – 57% up in net profit , 345% up in sales