Netweb Tech IPO listed at ₹947
(+89.40% premium)

Govt to launch RVNL offer for sale on July 27; to divest 5.36% stake. The floor price for the RVNL OFS shall be Rs 119 per equity share.

Nifty Trading Near Support Zone - 19600
Below it new fall can come

made low of 19573

BUY 1 SHARE IN EACH DEMAT ACCOUNT FOR SMALL CHAI PANI GAIN

1. INDIAMART CMP 2900 BUYBACK PRICE 4000 = APPX PROFIT 1100
2. AARTIDRUG CMP 600 BUYBACK PRICE 900 = APPX PROFIT 300
3. LARSEN CMP 2500 BUYBACK PRICE 3000 = APPX PROFIT 500
4. PEL CMP 1004 BUYBACK PRICE AWAITED ON 28TH, EXPECTED 1300 TO 1400 PRICE


APPX NET PROFIT PER ACCOUNT 1900 - 2000 On investment of Appx 6000...30% small return

Use maximum your Family Account for the same.

1 share Will Approve in all buyback.

#TataChem @ 1040

- Spent the entire 2023 in a range and now giving breakout.
- ROCE(HY) Highest at 12.03 %
- DEBT-EQUITY RATIO(HY) Lowest at 0.32 times
- NET SALES(Q) Highest at Rs 4,407.00 cr
- High Institutional Holdings at 34.4%

PFC @ 261
REC @ 200

+ Dividends

Almost double in 7 months

New High 1083

Sensex drops 700 pts, Nifty below 19,550 after Fitch downgrades US credit rating

IPO update. SBFC Finance IPO got oversubscribed 7x on day 2. Concord Biotech IPO was subscribed 50% on opening day. 📈

Zomato’s Q1FY24 results will go down in the company’s history books after they reported a PROFIT for the first time! FYI – the company has been guiding for profitability for some time now, but it hit this milestone three months before its own timeline. Naturally, the stock was up 10% intraday. 🚀

Adani Wilmar shares drop 5% as Adani mulls stake sale
A possible stake sale of its 44% holding in Adani Wilmar will help Adani Group free up capital for its core businesses, Bloomberg reported last night saying that Wilmar, the Singapore-headquartered food conglomerate co-founded by billionaire Kuok Khoon Hong in 1991, could decide to retain its stake in the business.
https://economictimes.indiatimes.com/markets/stocks/news/adani-wilmar-shares-drop-5-as-adani-mulls-stake-sale/articleshow/102560506.cms

SEBI reduces the timeline for listing shares to T+3 from T+6; mandatory from December 1

SEBI has reduced the timeline for listing securities after the closure of a public issue to three days after its subscription close date, from the current six working days.

5 Stocks with RSI 99
(completely overbought zone)

1️⃣ Intellivate Capital Ventures Ltd. (RSI 99.98)
2️⃣ Kintech Renewables Ltd. (RSI 99.97)
3️⃣ Indergiri Finance Ltd. (RSI 99.86)
4️⃣ Rathi Steel & Power Ltd. (RSI 98.9)
5️⃣ J. Taparia Projects Ltd. (RSI 98.74)

Do you own any?

Morning Report