Stocks – Brl Speak http://brlspeak.net/ Mon, 10 Jan 2022 18:36:32 +0000 en-US hourly 1 https://wordpress.org/?v=5.8.2 https://brlspeak.net/wp-content/uploads/2021/11/brl-160x160.png Stocks – Brl Speak http://brlspeak.net/ 32 32 Greaves Cotton, Oberoi Realty in Cheviot – here are the best buzzing stocks today https://brlspeak.net/greaves-cotton-oberoi-realty-in-cheviot-here-are-the-best-buzzing-stocks-today/ Mon, 10 Jan 2022 07:17:23 +0000 https://brlspeak.net/greaves-cotton-oberoi-realty-in-cheviot-here-are-the-best-buzzing-stocks-today/ The benchmarks traded with robust gains in early noon trades on Monday January 10, 2022. At 12:32 pm, the S&P BSE Sensex traded with a gain of 468.52 points or 0.78% to 60,213 , 17. The Nifty 50 was up 142.45 points or 0.80% to 17,955.15. But some stocks made the news after the market […]]]>

The benchmarks traded with robust gains in early noon trades on Monday January 10, 2022. At 12:32 pm, the S&P BSE Sensex traded with a gain of 468.52 points or 0.78% to 60,213 , 17. The Nifty 50 was up 142.45 points or 0.80% to 17,955.15. But some stocks made the news after the market closed. Meanwhile, some stocks were moving back and forth based on reports tied to them. Here is a list of some of these stocks:

See Zee Business Live TV Streaming below:

Buzzing scholarships

Cotton greaves: up to 12.55%.
Monte-Carlo: up 8.34%.
KPIT Technologies: up 4.93%.
Asahi Glass: Up 3.84%.
Tata Metaliks: up 4.97%.
Century Ply: up 3.61%.
Hero MotoCorp: Up 2.63%.
Maruti: up 3.29%.
Redington India: up 3.37%.
PVR: up 3.20%.
Jubilant Ingrevia: up 4.73%.
BHEL: up 4.79%.
Ratnamani Metals & Tubes: up 3.40%.
Venky India: Up 2.01%.
Cement JK: up 2.64%.
HDFC AMC: Up 3.30%.
Male infraconstruction: + 8.13%.
eClerx: Up 2.96%.
JSW Energy: up 1.14%.

Sugar stocks: Moving. Stocks like Dwarikesh Sugar – up 2.13%; Mawana Sugars – up 1.70%; EID Parry – up 1.70%; Andhra sugars – up 0.57%; were trading in positive territory.

Fertilizer stocks: On the move Stocks like GSFC – up 2.97%; Chambal Fertilizer – up 1.71%, Madras Fertilizers – up 0.62% and GNFC – up 0.87% were trading in positive territory.

Tours and travel stocks: Moving. Stocks like International Travel House – up 9.97%; Cox & Kings – up 4.55%; BLS International – up 4.85%; Easy Trip Planners – up 4.08%; Thomas Cook – up 3.72%; ITC – up 1.88% and IRCTC – up 1.84% were trading in positive territory.

Bank shares: On a move with the Nifty Bank index trading at a gain of 0.98%. Stocks like Federal Bank – up 4.54%; RBL Bank – up 3.15%; Kotak Bank – up 1.95%; GNP – 1.41%; Axis Bank – up 1.35%; Banque ICICI – up 1.23%; SBI – up 1.19%, among others, was trading in positive territory.

Automotive stocks: Moving. Stocks like Maruti – up 3.29%; Hero MotoCorp – up 2.74%; Bharat Forge – up 2.26%; Tata Motors – up 2.22%; Bajaj Auto – up 1.39% and M&M – up 1.21% among others with the exception of Balkrishna Industries – down 0.27% were trading in positive territory.
Real estate actions: on the move. Stocks like Sunteck Realty – up 7.50%; Brigade Entreprises – up 2.30%; Oberoi Realty – up 2.29%; DLF – up 1.60% Sobha – up 1.31% was trading in positive territory.

T3FY22 Commercial Update Reactions

Long Tata Steel Products: Up 1.51%. The company sold 1.64 lakh tonnes of salable steel during Q3FY22. Crude steel production was 1.71 lakh tonnes, an increase of 16% year-on-year.

Oberoi Realty: Up 2.29%. The company reported a 57.9% year-over-year jump in unit reservations. Oberoi Realty sold 371 units in the last quarter compared to 235 units a year ago. He said the area booked increased 104% year-on-year to 10.4 lakh square feet at T3FY22 from 5.1 lakh square feet booked last year. The value of bookings jumped 102.4% year-on-year to reach Rs 1,965 crore in Q3FY22 from Rs 971 crore in Q3FY21.

Sobha Ltd. : Up 1.31%. The company in its trade update for T3FY22 said its quarterly sales increased 16.7% year-on-year to 13.22 lakh square feet at T3FY22, compared to 11.22 lakh square feet sold at T3FY21. The total sales value jumped 18% to Rs 1,047.5 crore from Rs 887.6 crore. Achieved the best share on record in sales value, which increased 34% year-on-year, to Rs 908.2 crore in the quarter, from Rs 677.7 crore. Average achievement rose 1.15% to Rs 792 crore from Rs 783 crore. In addition, the company’s average cost of borrowing also declined during the quarter. It achieved the highest total sales volume and sales value on record in nine months. Reached the highest ever sales volume in Bangalore during 9M-22.

Actions in the news

GMR infrastructures: Up 3.82%. All existing M&O contracts with expiration dates January 27, 2022, February 24, 2022, and March 31, 2022 will expire January 10, 2022. F&O contracts will expire January 10, 2022, due to inventory adjustments. However, the new M&O contracts will be issued on January 11, 2022.

Cheviot: Up 7.20%. The repurchase of the company up to 250,000 shares, representing 3.99% of the total paid-up share capital of the company, at Rs 1,725 ​​per share, will remain open from January 10, 2022 to January 21, 2022.

Alambic Pharma: Up 1.79%. The company has received interim approval from the USFDA for Dronedarone Tablets USP 400 mg. These tablets have an estimated market size of US $ 500 million for 12 months ending September 2021 according to IQVIA.

Anupam Rasayan: Up 1.16%. He signed a Letter of Intent (LOI) worth $ 95 million (Rs 700 crore at the current exchange rate) with one of the top ten multinational crop protection companies for the supply of a new active ingredient linked to life sciences.

RBL Bank: Up 3.15%. The private lender announced a strategic collaboration to fuel the Bank’s customer experience strategy and broaden its value proposition to serve its rapidly growing customer base through its digital platform, Abacus 2.0.

TCS: Up to 1%. The company’s board of directors, at its meeting to be held on January 12, 2022, will review the company’s share buyback proposal, as well as the T3FY22 results statement.

Anand Rathi Wealth: Down 1.27%. The mandatory 30-day blocking period for key investors ended today.

Avenue supermarkets: Down 2.19%. The operator of the Avenue Supermarts hypermarket chain on Saturday announced a 24.7% year-on-year increase in stand-alone profit to Rs 586 crore for the quarter ended December 31, 2021. It posted a profit of Rs 470 crore as of corresponding quarter of the previous fiscal year. Its revenue rose 22% to Rs 9,065 crore, from Rs 7,433 crore posted last year. EBITDA stood at Rs 862 crore, up 25.6% from Rs 692 crore reported last year. The margin stood at 9.6% in Q3FY22 versus 9.3% in Q3FY21. The general merchandise and clothing businesses consistently see a relatively smaller contribution to sales, while essentials and FMCGs do better.

Indigo: Up 2.41%. Low-cost carrier Indigo said on Sunday it would waive change fees for all new and existing bookings made through January 3, for flights through March 31. It also announced the withdrawal of 20% of its scheduled flights due to the drop in demand.

Lupine: Up 2.59%. LIC increased its stake in the company from 7.86% to 8.39%. ICICI Prudential Life reduced its stake to below 1%. Its stake was 1.11% at T2FY22.

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Focus on stocks on January 10: Avenue Supermarts, Aviation Stocks, Tata Steel, SH Kelkar, MGL and many more https://brlspeak.net/focus-on-stocks-on-january-10-avenue-supermarts-aviation-stocks-tata-steel-sh-kelkar-mgl-and-many-more/ Mon, 10 Jan 2022 02:57:32 +0000 https://brlspeak.net/focus-on-stocks-on-january-10-avenue-supermarts-aviation-stocks-tata-steel-sh-kelkar-mgl-and-many-more/ The benchmarks settled in with decent gains on Friday, January 7, 2022, supported by oil and gas and banking stocks. The barometer index, the S&P BSE Sensex, rose 142.81 points or 0.24% to 59,744.65. The Nifty 50 index gained 66.80 points or 0.38% to 17,812.70. But some stocks made the news after the market closed. […]]]>

The benchmarks settled in with decent gains on Friday, January 7, 2022, supported by oil and gas and banking stocks. The barometer index, the S&P BSE Sensex, rose 142.81 points or 0.24% to 59,744.65. The Nifty 50 index gained 66.80 points or 0.38% to 17,812.70. But some stocks made the news after the market closed. These actions may impact the indices when it reopens on Monday January 10, 2022. List of these five actions:

Avenue Supermarts: The operator of the Avenue Supermarts hypermarket chain announced on Saturday a 24.7% year-over-year increase in stand-alone profit to Rs 586 crore for the quarter ended December 31, 2021. It had posted a profit of Rs 470 crore in the corresponding quarter of the previous fiscal year. year. Its revenue rose 22% to Rs 9,065 crore, from Rs 7,433 crore posted last year. EBITDA stood at Rs 862 crore, up 25.6% from Rs 692 crore reported last year. The margin stood at 9.6% in Q3FY22 versus 9.3% in Q3FY21. The general merchandise and clothing businesses consistently see a relatively smaller contribution to sales, while essentials and FMCGs do better.

Q3FY22 Commercial Update

Steel tata: Tata Steel on Friday reported a 4.3% year-on-year increase in domestic steel production from 46 lakh tonnes to 48 lakh tonnes in the third quarter ended December 31, 2021. Domestic sales fell 5.1% to 44.1 lakh tonnes at T3FY22 against 46.5 lakh tonnes sold in Q3FY21. Tata Steel Europe’s production increased from 25.9 lakh tonnes YOY ​​to 25.6 lakh tonnes. Steel sales in Europe increased from 21.1 lakh tonnes to 21.5 lakh tonnes.

See Zee Business Live TV Streaming below:

Long Tata Steel Products: The company sold 1.64 lakh tonnes of salable steel during Q3FY22. Crude steel production was 1.71 lakh tonnes, an increase of 16% year-on-year.
Oberoi Realty: The company reported a 57.9% year-over-year jump in unit booking. Oberoi Realty sold 371 units in the last quarter compared to 235 units a year ago. He said the area booked increased 104% year-on-year to 10.4 lakh square feet at T3FY22 from 5.1 lakh square feet booked last year. The value of bookings jumped 102.4% year-on-year to reach Rs 1,965 crore in Q3FY22 from Rs 971 crore in Q3FY21.

Sobha Ltd. : The company in its trade update for T3FY22 said its quarterly sales increased 16.7% year-on-year to 13.22 lakh square feet at T3FY22, compared to 11.22 lakh square feet sold at T3FY21. The total sales value jumped 18% to Rs 1,047.5 crore from Rs 887.6 crore. Achieved the best share on record in sales value, which increased 34% year-on-year, to Rs 908.2 crore in the quarter, from Rs 677.7 crore. Average achievement rose 1.15% to Rs 792 crore from Rs 783 crore. In addition, the company’s average cost of borrowing also declined during the quarter. It achieved the highest total sales volume and sales value on record in nine months. Reached the highest ever sales volume in Bangalore during 9M-22.

SH Kelkar: The company witnessed a pickup in demand for discretionary and non-discretionary items in emerging markets during the review period. However, headline inflation moderated volume growth with a contraction in the portfolio share of consumers. In European markets, the Company saw an improvement in demand during the quarter. On a consolidated basis, T3FY22 sales improved by 5.5% at constant scope. In 9MFY 2021-22, sales stood at Rs 1,110 crore compared to Rs 919 crore in 9MFY 2020-21, an increase of 21% year-on-year. On the balance sheet, the company’s net debt stood at Rs 438 crore as of December 31, compared to Rs 347 crore as of September 30, 2021.

Aeronautical actions: Amid the surge in Omicron cases, domestic air passengers fell 39% in 2 weeks. In addition, the Ministry of Health has issued new guidelines for international arrivals in India, requiring passengers to submit a self-report form and pre-book a COVID test online. Upon arrival, passengers will be required to submit a sample for the COVID-19 test at the point of arrival and wait for the test results. If they test negative, they will undergo a home quarantine for 7 days and undergo an RT-PCR test on the 8th day of their arrival in India. Travelers will also be required to download the results of the repeated RT-PCR test for COVID-19 performed on the 8th day of their arrival in India. The revised guidelines will take effect from January 11 and will be applied until further notice.

Indigo: Low-cost carrier Indigo said on Sunday it would waive change fees for all new and existing bookings made through January 3, for flights through March 31. It also announced the withdrawal of 20% of its scheduled flights due to the drop in demand.

MGL: Mahanagar Gas Ltd (MGL) has raised prices for CNG and PNG as of midnight Saturday. The base price of CNG has been increased from Rs 2.50 / kg to Rs 66 / kg and the domestic PNG from Rs 1.50 / SCM to Rs 39.50 / SCM for the Mumbai metropolitan area (MMR),

LIC action:

Lupine: LIC increased its stake in the company from 7.86% to 8.39%. ICICI Prudential Life reduced its stake to below 1%. Its stake was 1.11% at T2FY22.

Dynamics of Bharath: LIC reduced its stake in the company from 8.7% to 8% in the third quarter of fiscal 22.

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Equities are stable and bond volatility is the order of the day: market envelope https://brlspeak.net/equities-are-stable-and-bond-volatility-is-the-order-of-the-day-market-envelope/ Sun, 09 Jan 2022 22:00:50 +0000 https://brlspeak.net/equities-are-stable-and-bond-volatility-is-the-order-of-the-day-market-envelope/ (Bloomberg) – Shares are expected to start the week cautiously as investors brace for volatility in the Treasury market and assess the economic blow from the fast-spreading variant of Covid omicron. The S&P 500 had the worst start to the year since 2016, as expectations of faster-than-expected U.S. interest rates hitting the bond markets upside […]]]>

(Bloomberg) – Shares are expected to start the week cautiously as investors brace for volatility in the Treasury market and assess the economic blow from the fast-spreading variant of Covid omicron.

The S&P 500 had the worst start to the year since 2016, as expectations of faster-than-expected U.S. interest rates hitting the bond markets upside down. The tech-rich Nasdaq 100 had its worst week since February amid a rotation of names of expensive and high-growth tech. Australian futures rose earlier, while Japan is closed for a public holiday on Monday.

Treasury yields climbed across the board last week in a massive selloff triggered by Federal Reserve minutes, signaling a willingness to start raising rates as early as March. The yield on the US 10-year note reached its highest level in nearly two years.

US inflation data this week will be watched closely as concerns grow. The Fed is behind schedule in tackling the high price pressures. U.S. employers added fewer staff than expected in December, but wages rose more than expected, bolstering the Fed’s case for tightening liquidity.

Markets face increasing volatility as investors wonder how to revalue assets as the pandemic liquidity that helped drive stocks to record highs is withdrawn. At the same time, the spread of omicron poses a new test for economic activity.

“The US Fed must be cautious in removing political accommodations – it shouldn’t happen too quickly, otherwise it risks disrupting the rebound in economic growth and could lead to another ‘tantrum’,” Diana Mousina , economic manager of multi-asset group at AMP Capital, said in a note. She sees more volatility this year due to inflation, Fed rate hikes and geopolitics as well as the midterm elections in the United States.

Chinese stocks will be in the spotlight. China’s Securities Regulatory Commission has said it will adopt various measures to avoid volatility and “firmly” prevent large swings after stocks had the worst start in a year since 2016.

Elsewhere, Bitcoin was trading around just over $ 42,000 as the cryptocurrency rout deepened.

For more market analysis, read our MLIV blog.

Some of the main movements in the markets:

Actions

  • The S&P 500 fell 0.4%
  • The Nasdaq 100 fell 1.1%
  • Australian S & P / ASX 200 index futures were little changed
  • Hang Seng index futures rose 0.4% earlier

Currencies

  • The Japanese yen was at 115.65 per dollar
  • The offshore yuan was at 6.3869 per dollar
  • Bloomberg Dollar Spot Index fell 0.5% on Friday
  • The euro was at $ 1.1353

Obligations

  • The yield on 10-year Treasuries rose four basis points to 1.76% on Friday

Merchandise

  • West Texas Intermediate crude fell 0.7% to $ 78.90 a barrel
  • Gold rose 0.3% to $ 1,796.55 an ounce

© 2022 Bloomberg LP

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Democratic Senator Ossoff turns to ban lawmakers and stock trading families after Pelosi defended them https://brlspeak.net/democratic-senator-ossoff-turns-to-ban-lawmakers-and-stock-trading-families-after-pelosi-defended-them/ Sun, 09 Jan 2022 14:30:10 +0000 https://brlspeak.net/democratic-senator-ossoff-turns-to-ban-lawmakers-and-stock-trading-families-after-pelosi-defended-them/ Georgia Senator Jon Ossoff, 34, is the youngest sitting senator and one of only 10 to put their financial assets in a blind trust First-year Democratic Senator Jon Ossoff wants to ban members of Congress from trading individual stocks during their tenure, according to a report on Saturday. The Georgia senator is said to be […]]]>

Georgia Senator Jon Ossoff, 34, is the youngest sitting senator and one of only 10 to put their financial assets in a blind trust

First-year Democratic Senator Jon Ossoff wants to ban members of Congress from trading individual stocks during their tenure, according to a report on Saturday.

The Georgia senator is said to be seeking a Republican co-sponsor for the Ossoff ethics bill, which would bar lawmakers and their families from participating in the stock market during their tenure in Congress, according to the New York Post.

Ossoff is likely to face strong opposition within his own party.

The crackdown on members of Congress who trade in stocks was opposed by House Speaker Nancy Pelosi, whose husband earned millions of dollars in individual stock transactions just last month.

At 34, Ossoff is the youngest sitting senator. He is also one of 10 sitting members of Congress – which has 535 voting members – to place its financial assets in a qualifying blind trust, an arrangement approved by Congress in which a lawmaker transfers control of their assets to an entity. independent.

His bill could also force his colleagues to do the same.

With the exception of the Stop Trading on Congressional Knowledge Act (STOCK Act) of 2012 which prohibits lawmakers from using non-public information for private purposes and requires them to publicly disclose transactions in stocks and bonds within 45 days, there are few safeguards. up on private congressional dollars.

Pelosi adamantly refused to support a ban on market activity by lawmakers when asked about the matter at a press conference in mid-December.

“We are a free market economy,” the president told reporters on December 15. ” They [lawmakers] should be able to participate.

At the height of the coronavirus pandemic, several lawmakers have been accused of profiting from the stock market just before the economy collapsed and disrupted the lives of millions of Americans.

Pelosi spoke out against lawmakers' ban on the stock market before husband Paul Pelosi traded thousands of tech stocks

Pelosi spoke out against lawmakers’ ban on the stock market before husband Paul Pelosi traded thousands of tech stocks

The charges prompted the Justice Department to investigate the financial activity of Senators Dianne Feinstein, James Inhofe and Richard Burr, as well as former Senator Kelly Loeffler. All four probes have since been closed.

According to a Business Insider report, up to 49 lawmakers and 182 congressional staff broke the STOCK law by reporting their transactions at the end of January through September 2021.

The same survey found that more than 220 other representatives and senators, or about 40% of Congress, held a combined $ 225 million in stock in 2020.

A bill similar to Ossoff’s was introduced in the Senate in March, the Ban Conflicted Trading Act. However, its trade ban extends only to members of Congress and their staff, excluding Ossoff’s limits on spouses and other family members.

This means that if adopted, Pelosi’s husband Paul Pelosi could continue his prolific business activity.

Two days after Pelosi lifted a trading ban at her press conference last month, her husband bought Alphabet shares worth between $ 500,001 and $ 1 million. He also bought Disney stock valued between $ 100,000 and $ 250,000.

Three days later, on December 20, he made two separate purchases in Salesforce – one worth between $ 100,001 and $ 250,000 and another between $ 500,001 and $ 1 million, and a Roblox purchase of a value between $ 250,001 and $ 500,000.

Pelosi's periodic transaction report reveals her family is making millions of dollars while in Congress

Pelosi’s periodic transaction report reveals her family is making millions of dollars while in Congress

On December 21, he bought shares of Micron Technology valued between $ 250,001 and $ 500,000 and on December 22, there was a purchase of Reoff XX valued at $ 50,001 to $ 100,000.

Over the course of five days, Paul Pelosi purchased shares valued between $ 1,750,007 and $ 3,600,000.

Paul Pelosi has proven to be a prolific stock trader, so much so that the Iris social investment app allows users to track their trades and get notified every time he makes a purchase so they can do the same.

‘Every stock she [Pelosi, through her husband] bought over the past two years has grown significantly, ”Christopher Josephs, co-founder of Iris, told Yahoo.

And the popular Twitter account @NancyTracker, which tracked Pelosi’s investments, has been banned from the social media network.

Asked about recent transactions, Pelosi’s chief of staff and spokesperson Drew Hammill said they were all carried out by the speaker’s husband and that she did not own any shares herself. ‘

The president has no prior knowledge or subsequent involvement in any transaction, ”Hammill told DailyMail.com.

“The STOCK Act exists to shed light on the professions of members of Congress. Sunlight is the best disinfectant, ”said Hammill.

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Defensive investors: 3 actions to consolidate your portfolio https://brlspeak.net/defensive-investors-3-actions-to-consolidate-your-portfolio/ Sat, 08 Jan 2022 19:30:00 +0000 https://brlspeak.net/defensive-investors-3-actions-to-consolidate-your-portfolio/ Image source: Getty Images Volatility is something all investors need to consider. One of the best ways to account for volatility is for defensive investors to add one or more defensive stocks. Fortunately, the market offers us many opportunities to consider. Here are three options for your wallet. Stable growth is achievable Utilities are among […]]]>

Image source: Getty Images

Volatility is something all investors need to consider. One of the best ways to account for volatility is for defensive investors to add one or more defensive stocks. Fortunately, the market offers us many opportunities to consider. Here are three options for your wallet.

Stable growth is achievable

Utilities are among the most defensive investments in the market. There is a good reason for this point of view. In short, public services provide us with a necessary service for which there is no substitute. Unlike other staples like groceries, you can’t just find cheaper electricity or even go without.

This is just one of the reasons why your wallet needs Fortis (TSX: FTS) (NYSE: FTS).

Fortis is one of the continent’s largest utilities with a presence in Canada, the United States and the Caribbean. Fortis has come to this point by taking an aggressive stance on expansion, which is anything but the norm for a utility. In recent years, this growth has turned towards the transition of existing installations to renewable energies.

Either way, Fortis generates a reliable and recurring income stream that should appeal to any long-term investor. This income stream also helps Fortis finance its quarterly dividend and generate a nice annual increase.

The current yield is an impressive 3.56%. It’s also worth noting that Fortis has maintained an incredible 48 consecutive years of annual dividend increases. This makes the utility a great option for defensive investors.

Here is another option to consider

As traditional utilities slowly transition to renewables, there are other options to attract defensive investors who already have a renewable energy portfolio.

One of these options is Brookfield Renewable Energy Partners (TSX: BEP.UN) (NYSE: BEP). Brookfield Renewable has a massive (and still growing) portfolio of renewable energy assets. These assets are primarily hydroelectric, but the company also owns wind and solar assets.

When it comes to Brookfield’s appeal, investors should take note of the firm’s massive footprint. Currently, the company operates facilities in North America, Europe, Asia and Latin America. Collectively, these facilities have a production capacity of 21 GW. Keep in mind that one GW is roughly enough to power 750,000 homes.

If that isn’t convincing enough, defensive investors should note that Brookfield has an additional 36 GW of additional facilities in its development queue. Oh, and just like traditional utilities, the majority of these facilities will be backed by long-term regulated contracts.

When it comes to dividends, Brookfield has a delicious yield of 3.65%.

Renewable energy can pay you monthly

Fortis and Brookfield are great options to consider. That being said, quarterly distribution may not work well for all investors. Fortunately, there is another renewable energy provider that offers even higher distribution on a monthly basis.

This stock to be considered is Renewable energies TransAlta (TSX: RNW). TransAlta’s portfolio of fully renewable facilities is located in Canada, the United States and Australia. These assets are not only geographically diversified either. TransAlta’s facilities include solar, wind, hydro and gas assets.

There is another reason to consider purchasing TransAlta. The stock is currently trading at a discount, reflecting a 20% decline over the past 12 months. When you factor in TransAlta’s juicy monthly dividend of 5.15% yield, you have a great long-term investment for any portfolio.

Defensive investors: are you going to buy?

Finding the right mix of investments takes time and a lot of patience. That being said, the three investments described above are great options to help you grow your portfolio. In my opinion, one or more of these stocks should be part of any well-diversified portfolio.

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The “January effect” does not hold up with stocks. But bonds are another story. https://brlspeak.net/the-january-effect-does-not-hold-up-with-stocks-but-bonds-are-another-story/ Sat, 08 Jan 2022 18:00:00 +0000 https://brlspeak.net/the-january-effect-does-not-hold-up-with-stocks-but-bonds-are-another-story/ The January Effect is a theory in financial markets that has been around for over 50 years. He says stocks and other assets seem to increase the most in the first month of the year. But a closer look shows that, for stocks at least, the reverse has been true for the past 20 years. […]]]>

The January Effect is a theory in financial markets that has been around for over 50 years. He says stocks and other assets seem to increase the most in the first month of the year.

But a closer look shows that, for stocks at least, the reverse has been true for the past 20 years. Since January 2000, on average, if you’ve bought US or international stocks at the start of the month and sold at the end, you’ve actually lost a considerable amount of money.

Surprisingly, however, the January effect continues to be true for fixed income securities. Since 2000, if an investor had bought bonds in January, the return for that one-month period on average was 0.20 percentage point higher than the average return for any other month of the year. It might not seem like much, but in the bond market where it’s a game of inches, it’s a significant amount.

Data goes back to 1950

To implement this study, my research assistant Kevin Mocknick and I collected performance data for all mutual funds since 1950. We then separated all funds by their investment strategy and allocation: US large cap stocks, US small cap stocks, US value stocks, US growth stocks, international stocks and fixed income (bonds). With these scores, we then looked at the average return for each group during the month of January and the average return for all other months (February to December).

The first observation is that from 1950 to 1999, the January effect was considerable. For example, if you were to buy large cap stocks in January, you got an average return of 1.89% in that month. If you held for the rest of the year, you only averaged a 1.02% return each month after January. This equates to a difference of 0.87 percentage point. For small-cap stocks, this difference climbs to 1.82 percentage points.

Buying shares in early January was therefore an extremely profitable strategy. Another way to take advantage of the January effect during this period would have been to use leverage (or buy on margin) to overweight your portfolio in equities in the first month of the year.

Theories as to what caused the January effect, when it was still boosting stock returns, include phenomena such as portfolio rebalancing due to taxes, or investors putting their end-of-year bonuses to profit on the stock market for start the year. .

Reversal

However, from 2000 onwards, the January effect for equities reversed. If you were to buy large cap stocks in early January for the past 20 years, your average return at the end of the month was negative 0.53%. And relative to the average returns for the other months of the year during that time period, the stock return for January fell on average 1.39 percentage points. For all share classes, January turned out to be a losing month on average. And this month of January seems to start on the same path; On Friday, the S&P 500 was down 1.9% to start the year.

The only obstacle is the fixed income. Investments in bond funds in January over the past 20 years have averaged a one-month return of 0.53%. If you had held for the rest of the year (February through December), you would have gotten an average monthly return of 0.33%. This equates to a difference of 0.20 percentage point.

If you’re looking to get ahead of other bond market investors, it seems like buying early in the year is paying off.

Dr Horstmeyer is Professor of Finance at George Mason University’s Business School in Fairfax, Virginia. He can be reached at the address reports@wsj.com.

Copyright © 2022 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Sensex, Nifty off day high; stocks of oil and gas in demand https://brlspeak.net/sensex-nifty-off-day-high-stocks-of-oil-and-gas-in-demand/ Fri, 07 Jan 2022 06:05:00 +0000 https://brlspeak.net/sensex-nifty-off-day-high-stocks-of-oil-and-gas-in-demand/ Benchmarks came out of the day’s high by mid-morning, dragged down by auto stocks. However, banks and oil and gas stocks continued to support indexes. The Nifty slipped below the 17,850 mark. At 11:30 am IST, the barometer index, the S&P BSE Sensex, climbed 298.38 points or 0.50% to 59,900.22. The Nifty 50 index jumped […]]]>

Benchmarks came out of the day’s high by mid-morning, dragged down by auto stocks. However, banks and oil and gas stocks continued to support indexes. The Nifty slipped below the 17,850 mark.

At 11:30 am IST, the barometer index, the S&P BSE Sensex, climbed 298.38 points or 0.50% to 59,900.22. The Nifty 50 index jumped 94.40 points or 0.53% to 17,840.30.

Across the market, the S&P BSE Mid-Cap Index rose 0.58% while the S&P BSE Small-Cap Index gained 0.41%.

The scale of the market was strong. On BSE, 2,215 stocks rose and 1,035 stocks fell. In total, 105 shares remained unchanged.

Foreign portfolio investors (REITs) sold stocks worth Rs 1,926.77 crore, while domestic institutional investors (DII) were net buyers to the tune of Rs 800.91 crore in the Indian stock market on January 6, 2022, according to provisional data.

F&O ban:

RBL Bank (down 1.14%) is under F&O ban for Friday January 7, 2022. Blackout securities under the F&O segment include companies in which the security has crossed 95% of the position limit at market scale.

Buzz Index:

The Nifty Oil & Gas index rose 0.90% to 7,676.50. The index lost 0.90% during the last trading session.

Oil India (up 8.67%), Oil & Natural Gas Corporation (ONGC) (up 2.39%), Gujarat State Petronet (GSPL) (up 2.06%), Hindustan Petroleum Corporation ( HPCL) (up 1.51%) and Reliance Industries (RIL) (up 1.07%) were the first winners in the Oil & Gas segment.

The RIL rose 1.07%. The company’s branch, Reliance Retail, has purchased a 25.8% stake in Dunzo. Dunzo, India’s leading fast-trade player, raised $ 240 million in its most recent fundraiser. Reliance Retail will hold a 25.8% stake on a fully diluted basis with an investment of $ 200 million. After this agreement, Reliance Retail will be Dunzo’s main shareholder.

The capital will be used to help Dunzo become the country’s largest fast-trading company. It will also allow instant delivery of essential products from a network of micro-warehouses. Dunzo is also looking to expand its B2B business vertical to enable logistics for local traders in Indian cities.

In addition to the financing, Dunzo and Reliance Retail will also enter into certain business partnerships. Dunzo will enable hyper-local logistics for retail stores operated by Reliance Retail, further adding to Reliance Retail’s omnichannel capabilities. Dunzo will also facilitate last mile deliveries for JioMart’s merchant network.

Featured Actions:

Macrotech developers rose 0.63%. Major real estate group Lodha, listed as Macrotech Developers, reported a strong operational update for the third quarter of FY22. The company’s presales amounted to Rs 2,608 crore, an increase of 40% year-over-year in the third quarter of fiscal 22. The company said this was its best quarterly performance in the past 12 quarters. Additionally, the estate agent’s UK investment projects recorded pre-sales of £ 191million (around Rs 1,910 crore) in the quarter.

Collections for the third quarter of FY22 were Rs 2,127 crore, up 44% year-over-year (year-over-year). On a sequential basis, collection increased 11% from Rs 1,912 crore posted at Q2 FY22. The real estate agent said it has entered into a joint development agreement for six additional new projects during the quarter for 4.8 million square feet of salable area in the eastern suburbs of Mumbai. The real estate company also reduced its net debt to Rs 9,925 crore in the third quarter of FY 22 for India, compared to Rs 12,477 crore in the second quarter of FY 22 and Rs 16,625 crore in the third quarter of fiscal year 21.

Kalyan Jewelers India gained 1.25%. The company said its consolidated revenue growth for the recently concluded quarter was around 17%. Kalyan Jewelers said it achieved annual revenue growth of over 15% for its operations in India in the last quarter.

The company said it has experienced strong footfall and revenue momentum over the past four quarters starting with the same period last fiscal year (Q3 FY2021). The positive pull has continued into this holiday season with a further easing of COVID-related restrictions across all of its markets in India and the Middle East, supported by increasing immunization levels and continued dynamism of feelings of consumers.

The company said its gross margin improved sequentially for the recently concluded quarter. The main drivers of margin expansion have been improvements in both market share and revenue share in non-southern markets. The company also saw an improvement in Gold Savings Scheme (GSS) enrollments sequentially, as well as compared to the same period of the previous year.

Global markets:

Most Asian stocks rose on Friday, after heavy losses in some regional markets the previous trading day, as investors continue to assess the impact of a potentially faster-than-expected political tightening by the U.S. Federal Reserve.

US stocks fell on Thursday to end a choppy trading day, following the massive sell-off of technology in the previous session. The Dow Jones Industrial Average lost 170.64 points, or 0.47%, to 36,236.47, the S&P 500 lost 4.53 points, or 0.10%, to 4,696.05 and the Nasdaq Composite lost lost 19.31 points, or 0.13%, to 15,080.87.

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(This story was not edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Hinduja Global, Oil and Gas Stocks at Mirza International – Here are the Best Buzz Stocks Today https://brlspeak.net/hinduja-global-oil-and-gas-stocks-at-mirza-international-here-are-the-best-buzz-stocks-today/ Tue, 04 Jan 2022 07:29:35 +0000 https://brlspeak.net/hinduja-global-oil-and-gas-stocks-at-mirza-international-here-are-the-best-buzz-stocks-today/ The equity benchmarks, Nifty and Sensex, were trading at a gain of over half a percent during midday early trading on Tuesday, January 4, 2022. At 12:20 p.m., the S&P BSE Sensex surged 405.61 points or 0.69% and was trading higher at 59,588.83. The Nifty 50 Index was up 103.50 points or 0.59% and traded […]]]>

The equity benchmarks, Nifty and Sensex, were trading at a gain of over half a percent during midday early trading on Tuesday, January 4, 2022. At 12:20 p.m., the S&P BSE Sensex surged 405.61 points or 0.69% and was trading higher at 59,588.83. The Nifty 50 Index was up 103.50 points or 0.59% and traded at 17,729.20. Meanwhile, some stocks were moving back and forth based on reports tied to them. Here is a list of some of these stocks:

See Zee Business Live TV Streaming below:

Buzzing scholarships

Hinduja Global: Up 9.79%.
Apollo Tire: Up 2.15%.
HEG: up 6.31%.
Graphite India: + 4.63%.
Poonawalla Fincorp: up 3.87%.
Sona BLW: up 1.90%
Equitas Investments: up 2.38%.
Tourism Finance Corp: Up 5.82%.
Bank stocks: on the move. AU Small Finance Bank Shares – Up 2.80%; Bank Bandhan – up 0.59%; SBI – up 2.26% Axis Bank – up 1.52% and Kotak Bank – up 1.29% were trading with a gain.
PSU actions: in motion. Stocks like NTPC – up 3.61%; CGSB – up 3.08% and Power Grid – up 1.71% were trading with gains.
Shoe stocks: on the move. Stocks like Mirza International – up 16.16%; Liberty Shoes – up 2.64% and Khadim – up 2.20% were trading with gains.
Oil and gas stocks: on the move. Stocks like ONGC – up 3.08%; Reliance – up 1.30%; MRPL – up 1.26%; GAIL – up 1.14%; Oil India – up 0.80% and IOC – up 0.75% were trading with gains.

Stocks at their highest

Textile Vardhman: up 3.29%. Meanwhile, the stock hit a 52 week high of Rs 2,587 per share in intraday trading today.
KPR Mills: decrease of 1.11%. Meanwhile, the stock hit a 52 week high of Rs 721 per share in intraday trading today.
Balrampur Chini: up 8.39%. Meanwhile, the stock hit a 52-week high of Rs 407.70 per share in intraday trading today.
Schaeffler India: decrease of 0.63%. Meanwhile, the stock hit a 52-week high of Rs 9,375 per share in intraday trading today.
Fortis Healthcare: decrease of 1.62%. Meanwhile, the stock hit a 52-week high of Rs 313.45 per share in intraday trading today.
Gujarat Fluorides: up 1.89%. Meanwhile, the stock hit a 52-week high of Rs 2,559.75 per share in intraday trading today.
Affle India: up 10.79%. Meanwhile, the stock hit a 52-week high of Rs 1,368.80 per share in intraday trading today.

Decline in shares

Solutions Firstsource: Decrease of 1.49%.
PI Industries: Decrease of 1.44%.
RBL Bank: Decrease of 1.47%.
Tata Engines: 1.95% decrease.
Computer stocks: declining. Stocks like Mindtree – down 1.82%; Mphasis – down 1.26%; LTI – down 0.95% and Infosys – down 0.93% were trading in negative territory.

Impact of the business update

Marico: Down 2.45%. Marico in his quarterly update for Q3FY22 said the quarter was characterized by a slowdown in consumption patterns that affected the industry as a whole. This was mainly due to persistent inflation affecting aggregate disposable income as well as increasing mobility releasing some degree of pent-up demand for discretionary goods, services and out-of-home consumption. Rural demand has also been sluggish, albeit optical to some extent given the high base. Revenue growth in the quarter was double-digit, while volumes were flat, driven by weaker consumer sentiment and a strong base. However, on a 2 year CAGR basis, volume growth was close to our mid-term aspiration. Parachute coconut oil had a muted quarter on a high basis. Value-added hair oils showed lower value growth in the quarter, but saw double-digit value growth on a 2-year CAGR basis. The Saffola franchise has grown into the higher value age bracket, driven by strong growth of over 20% in food, which is on track to hit Rs 5 billion in revenue. This year. Edible saffola oils volumes fell, largely due to higher domestic consumption at the base and weak commercial sentiment due to fluctuating input prices. Premium Personal Care recorded widespread double-digit growth. Digital brands, Beardo and Just Herbs, have also followed expectations. International activities recorded strong growth in constant currencies on a healthy basis. All markets behaved positively, led by Bangladesh and a smart recovery in Vietnam.
Bank of Karnataka: up 0.95%. In its quarterly update to T3FY22, the bank announced a 5% year-on-year and 2% quarter-on-quarter increase in the loan portfolio. Deposits increased 6.3% year-on-year and 2% quarter-on-quarter. The Bank’s CASA grew 31.31% year-on-year compared to 30.08% recorded in the same period last year.

HDFC Ltd. : Up 0.75%. Mortgage lender Housing Finance Development Corporation Ltd (HDFC) in its activity update for the quarter ending December 2021, said on Monday that the company had granted loans amounting to Rs 7,470 crore in the third quarter. for fiscal year 22, compared to Rs 7,076 crore posted in the corresponding quarter of the previous fiscal year. year. Gross dividend income for the quarter stood at Rs 195 crore compared to Rs 2 crore posted last year. Its liquidity cushion stood at approximately Rs 55,000 crore.

Impact of the production update

Vedanta: Down 5.23%. The company announced its production performance update for T3FY22 and said cast aluminum production in our foundries was 5,79,000 tonnes at T3FY22, up 16% from T3FY21 and 2 % compared to T2FY22. The Lanjigarh refinery produced 472,000 tonnes of T3 FY22 alumina, 16% more than T3 FY21 and 8% less than T2 FY22. Iron ore production at Karnataka was 1.2 million tonnes, down 14% from T3FY21 and 4% from T2FY22 due to the impact on operations due to heavy rains from T3FY22 . Iron ore sales in Goa are 90% year-on-year and 42% quarter-on-quarter.

Hindustan zinc: Up 2.50%. The company in its production update for Q3FY22 said its integrated metal production was 261,000 tonnes, up 11% year-on-year and 25% quarter-on-quarter. Refined zinc production amounted to 214,000 tonnes, up 17% year-on-year and 32% quarter-on-quarter. Integrated silver production was 173,000 tonnes, down 5% year-on-year and up 14% quarter-on-quarter. Wind power production fell 12% year-on-year and 62% quarter-on-quarter. T3FY22’s integrated metal production was the highest quarterly integrated metal production on record.

Maruti Suzuki: Up 1.08%. The automaker announced its December production number and said total production stood at 1.52 lakh units in December 2021, down 1.9% from the 1.55 lakh units produced in December 2020 Total passenger vehicle production was 1.48 Lakh units, down 3.1% year-on-year from 1.53 Lakh units. . Total production of the Mini + compact sub-segment was 1.06 lakh units, down 6.1% year-on-year from 1.12 lakh units. Total production of passenger cars amounted to 1.079 lakh units, down 5.7%. In addition, setting a new record, Maruti Suzuki India Limited announced on Monday that it exported 205,450 vehicles in the year 2021. This is the highest export figure ever recorded by the company in a year. calendar year.

Actions in the news

Mirza International: Up 15.88%. The promoter buys 1 lakh of shares.

Ajmera Realty: Up 3.01%. Premium Real Estate Developer Ajmera Realty & Infra India ltd. recently signed a development agreement to undertake a redevelopment project of the Fairyland Co-operative Housing Society, located in a prime area of ​​Juhu in Mumbai. Funded by a mixture of debt and equity, this project is expected to generate a sales value of Rs 150 crore. The 10,520 square foot land will serve as a catalyst for the growth of quality housing and will consist of 15 apartments in a single tower with a total salable area of ​​approximately 30,000 square feet. This real estate project will mainly focus on residential apartments of 3 and 4 BHK Apartments.

RailTel: Up 1.58%. The Board of Directors of the Company is scheduled to meet on Monday, January 10, 2022 to examine the declaration of interim dividend, if applicable, for the 2021-2022 financial year. The Company has set Friday January 21, 2022 as the “registration date” in order to determine the eligibility of members entitled to the provisional dividend for the 2021-2022 financial year.

World Hinduja: Up 8.43%. The Board of Directors of the Company will meet on January 6, 2022 to examine and approve the declaration of interim dividend, if applicable, for the 2021-2022 financial year, and the proposed declaration of free issue of shares. participation.

Wockhardt Ltd. : Up 2.85%. The Board of Directors of the Company will meet on January 6, 2022 to review and approve various fundraising options for the Company, as the Board deems appropriate.

SCI: Up 1.14%. The action is abuzz after Zee Business exclusively announced that the process to divest the Shipping Corporation of India (SCI) will accelerate. Sources familiar with the development have informed Zee Business that the Cabinet Secretary will have a discussion on the next step that will be required for the divestment from SCI. DIPAM plans to complete the process of selling the company soon. According to the sources, the non-core assets will be de-merged and placed in a new company, which will be listed separately. Financial bidders will bid for the core business. DIPAM sent a proposal relating to the divestment of SCI to MCA.

]]>
Focus on actions on January 4: SCI, Marico, Vedanta, Biocon, RailTel and many others https://brlspeak.net/focus-on-actions-on-january-4-sci-marico-vedanta-biocon-railtel-and-many-others/ Tue, 04 Jan 2022 02:58:53 +0000 https://brlspeak.net/focus-on-actions-on-january-4-sci-marico-vedanta-biocon-railtel-and-many-others/ The market started the 2022 calendar year on a strong note, with the Sensex and Nifty closing above 59,000 and 17,600 respectively. The S&P BSE Sensex jumped 929.40 points or 1.60% to 59,183 , 22. The Nifty 50 index jumped 271.65 points or 1.57% to 17,625.70. But some stocks made the news after the market […]]]>

The market started the 2022 calendar year on a strong note, with the Sensex and Nifty closing above 59,000 and 17,600 respectively. The S&P BSE Sensex jumped 929.40 points or 1.60% to 59,183 , 22. The Nifty 50 index jumped 271.65 points or 1.57% to 17,625.70. But some stocks made the news after the market closed. These actions may impact the indices when it reopens on Tuesday, January 4, 2022. List of these five actions:

SCI: Zee Business exclusivity. The process of divesting the Shipping Corporation of India (SCI) will accelerate. Sources familiar with the development have informed Zee Business that the Cabinet Secretary will have a discussion on the next step that will be required for the divestment from SCI. DIPAM plans to complete the process of selling the company soon. According to the sources, the non-core assets will be de-merged and placed in a new company, which will be listed separately. Financial bidders will bid for the core business. DIPAM sent a proposal relating to the divestment of SCI to MCA.

Commercial update

Marico: Marico in his quarterly update for Q3FY22 said the quarter was characterized by a slowdown in consumption patterns that affected the industry as a whole. This was mainly due to persistent inflation affecting aggregate disposable income as well as increasing mobility releasing some degree of pent-up demand for discretionary goods, services and out-of-home consumption. Rural demand has also been sluggish, albeit optical to some extent given the high base. Revenue growth in the quarter was double-digit, while volumes were flat, driven by weaker consumer sentiment and a strong base.

See Zee Business Live TV Streaming below:

However, on a 2 year CAGR basis, volume growth was close to our mid-term aspiration. Parachute coconut oil had a muted quarter on a high basis. Value-added hair oils showed lower value growth in the quarter, but saw double-digit value growth on a 2-year CAGR basis. The Saffola franchise has grown into the higher value age bracket, driven by strong growth of over 20% in food, which is on track to hit Rs 5 billion in revenue. This year. Edible saffola oils volumes fell, largely due to higher domestic consumption at the base and weak commercial sentiment due to fluctuating input prices. Premium Personal Care recorded widespread double-digit growth. Digital brands, Beardo and Just Herbs, have also followed expectations. International activities recorded strong growth in constant currencies on a healthy basis. All markets behaved positively, led by Bangladesh and a smart recovery in Vietnam.

Bank of Karnataka: In its quarterly update to T3FY22, the bank announced a 5% year-on-year and 2% quarter-on-quarter increase in the loan portfolio. Deposits increased 6.3% year-on-year and 2% quarter-on-quarter. The Bank’s CASA grew 31.31% year-on-year compared to 30.08% recorded in the same period last year.

HDFC Ltd.: Mortgage lender Housing Finance Development Corporation Ltd (HDFC) in its activity update for the quarter ending December 2021, said on Monday that the company had made loans in the amount of Rs 7,470 crore in T3FY22 by compared to Rs 7,076 crore posted in the corresponding quarter of the previous year. Gross dividend income for the quarter stood at Rs 195 crore compared to Rs 2 crore posted last year. Its liquidity cushion stood at approximately Rs 55,000 crore.

Dhani Services: The company in its business update informed that OneFreedom paying subscribers increased to 39 lakhs QoQ from 24.2 lakhs. The transaction number on the Dhani card increased from 2.9 crore to 6.3 crore QoQ.

Production update

Vedanta: The company announced its production performance update for T3FY22 and said cast aluminum production in our foundries was 5,79,000 tonnes at T3FY22, up 16% from T3FY21 and 2 % compared to T2FY22. The Lanjigarh refinery produced 472,000 tonnes of T3 FY22 alumina, 16% more than T3 FY21 and 8% less than T2 FY22. Iron ore production at Karnataka was 1.2 million tonnes, down 14% from T3FY21 and 4% from T2FY22 due to the impact on operations due to heavy rains from T3FY22 . Iron ore sales in Goa are 90% year-on-year and 42% quarter-on-quarter.

Hindustan zinc: The company in its production update for Q3FY22 said its integrated metal production was 261,000 tonnes, up 11% year-on-year and 25% quarter-on-quarter. Refined zinc production amounted to 214,000 tonnes, up 17% year-on-year and 32% quarter-on-quarter. Integrated silver production was 173,000 tonnes, down 5% year-on-year and up 14% quarter-on-quarter. Wind power production fell 12% year-on-year and 62% quarter-on-quarter. T3FY22’s integrated metal production was the highest quarterly integrated metal production on record.

Maruti Suzuki: The automaker announced its December production number and said total production stood at 1.52 lakh units in December 2021, down 1.9% from the 1.55 lakh units produced in December 2020 Total passenger vehicle production was 1.48 Lakh units, down 3.1% year-on-year from 1.53 Lakh units. . Total production of the Mini + compact sub-segment was 1.06 lakh units, down 6.1% year-on-year from 1.12 lakh units. Total production of passenger cars amounted to 1.079 lakh units, down 5.7%. In addition, setting a new record, Maruti Suzuki India Limited announced on Monday that it exported 205,450 vehicles in the year 2021. This is the highest export figure ever recorded by the company in a year. calendar year.

Ajmera Realty: Premium Real Estate Developer Ajmera Realty & Infra India ltd. recently signed a development agreement to undertake a redevelopment project of the Fairyland Co-operative Housing Society, located in a prime area of ​​Juhu in Mumbai. Funded by a mixture of debt and equity, this project is expected to generate a sales value of Rs 150 crore. The 10,520 square foot land will serve as a catalyst for the growth of quality housing and will consist of 15 apartments in a single tower with a total salable area of ​​approximately 30,000 square feet. This real estate project will mainly focus on residential apartments of 3 and 4 BHK apartments.

Biocon: The Board of Directors of the Company has approved the merger by absorption of Covidshield Technologies Private Limited (“CTPL”), a wholly-owned subsidiary of Serum Institute Life Sciences Private Limited (“SILS”), with and into Biocon Biologics Limited (“ BBL ”), a major subsidiary of Biocon Limited (“ the Company ”). Under the terms of the agreement, BBL will offer a 15% (fifteen percent) interest to SILS. BBL (post-merger of CTPL into BBL), will gain committed access to 100 million doses per year for 15 years, mainly from the next SILS vaccine facility in Pune with the rights to market the SILS vaccine portfolio ( including COVID-19 vaccines) for global markets

RailTel: The Board of Directors of the Company is scheduled to meet on Monday January 10, 2022 to review the interim dividend declaration, if applicable, for the 2021-2022 fiscal year. The Company has set Friday January 21, 2022 as the “registration date” in order to determine the eligibility of members entitled to the provisional dividend for the 2021-2022 financial year.

World Hinduja: The Company’s Board of Directors will meet on January 6, 2022 to examine and approve the interim dividend declaration, if applicable, for the 2021-2022 fiscal year; and proposal to declare the free issue of participating shares.

Wockhardt Ltd. : The Board of Directors of the Company will meet on January 6, 2022 to review and approve various fundraising options for the Company, as the Board deems appropriate.

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3 Surefire Metaverse stocks that could make you richer in 2022 https://brlspeak.net/3-surefire-metaverse-stocks-that-could-make-you-richer-in-2022/ Mon, 03 Jan 2022 11:45:00 +0000 https://brlspeak.net/3-surefire-metaverse-stocks-that-could-make-you-richer-in-2022/ The metaverse has created quite a buzz as businesses and investors scramble to claim a claim in this digital gold rush. Yet this conceptual reality remains largely in the ether, not yet grounded in reality. So what exactly is the Metaverse? In simpler terms, the Metaverse combines a number of emerging technologies – including augmented […]]]>

The metaverse has created quite a buzz as businesses and investors scramble to claim a claim in this digital gold rush. Yet this conceptual reality remains largely in the ether, not yet grounded in reality. So what exactly is the Metaverse?

In simpler terms, the Metaverse combines a number of emerging technologies – including augmented reality (AR) and virtual reality (VR) – with elements of ubiquitous technology like social media and video, resulting in a digital world. immersive where users can work, play, shop and socialize. Bulls calls the metaverse the next evolution of the Internet, providing a network of permanent virtual spaces where people can interact.

Understandably, investors are looking for a way to take advantage of this rapidly changing landscape of what many believe is “the next big thing”. Let’s take a look at three successful businesses that will benefit from the vast opportunities of the coming metaverse.

Image source: Getty Images.

Nvidia: fueling the metaverse

No discussion of the Metaverse would be complete without the processing power to bring the idea to life, and that’s where Nvidia (NASDAQ: NVDA) Its graphics processing units (GPUs) are the undisputed industry standard for delivering lifelike images in video games, giving it a leg up in the metaverse.

The humble GPU has a superpower that will make it a foundational technology in the digital realm. Parallel processing allows GPUs to process a multitude of complex mathematical calculations simultaneously and at lightning-fast speeds.

This capability ushered in the era of artificial intelligence (AI), making Nvidia GPUs the workhorse of all major cloud computing operations and in a growing number of data centers. The evolution of the Metaverse will require similar speed and precision, making advanced semiconductors from Nvidia the obvious beneficiary.

Yet even though the Metaverse takes years to materialize, Nvidia continues to grow like wildfire. In the first nine months of this year, Nvidia’s revenue grew 65% year-on-year, leading to a 132% increase in earnings per share. Nvidia generated around $ 16.7 billion in revenue last year, but that’s a drop in the ocean compared to its total addressable market, which management estimates will exceed 250 billion. dollars by 2023.

The incredible potential offered by the metaverse is just the icing on the cake for long-term shareholders.

Adult wearing virtual reality headset, having fun on sofa with child.

Image source: Getty Images.

Unity Software: Creating the metaverse before our eyes

While it might not be a household name, Unity software (NYSE: U) is well known among the game and developer communities. The company provides a set of software tools that help developers create, run, and monetize real-time interactive 2D and 3D content for mobile phones, tablets, PCs, and consoles, as well as AR and VR devices. These tools will create the real-time charts underlying the metaverse.

Unity recently took these goals forward with the acquisition of certain assets from visual effects specialist Weta Digital, a brainchild of filmmaker Peter Jackson (The Lord of the Rings and The Hobbit trilogy). Weta Digital helped create the visuals for iconic content, including Avatar, The Avengers, Game of thrones, Planet of the Apes, Suicide Squad, Black Widow, and more. By adding Weta’s tools to its creative offerings, Unity is accelerating the advent of the metaverse.

But Unity Software doesn’t need the metaverse is a success, as evidenced by its third quarter results. The company generated revenue of $ 286 million, up 43% year-on-year. At the same time, Unity recorded a share loss of $ 0.41, cutting its red ink by more than half. Not only has the company exceeded expectations, it has also raised its outlook for the year as a whole. Unity now expects revenue of around $ 1.08 billion, up about 40% at the midpoint of its forecast.

Annual measurements help complete the picture. Games created on the Unity platform accounted for 71% of the top 1,000 mobile games in the fourth quarter of last year. Unity closed 2020 with 2.7 billion monthly active users, up 63% year-over-year. At the same time, apps built with Unity were downloaded 5 billion times per month, up 41%.

Whether the metaverse takes a year or a decade to come to life, Unity Software will thrive either way.

Person taking photos of a house using a tablet.

Image source: Getty Images.

Matterport: mapping physical spaces to create digital replicas

Matterport (NASDAQ: MTTR) is another business without name recognition, but it will be essential in this new age of the Internet. The spatial data company uses 3D cameras to capture and digitize real-world spaces, then creates dimensionally accurate and photorealistic virtual replicas. This process provides customers with the information they need to manage spaces more effectively. But this is only the beginning.

Matterport recently announced strategic partnerships with Cloud Titan Amazon and Meta-platforms‘Facebook AI Research (FAIR). Additionally, the company launched Matterport for Mobile, putting its 3D capture tools in the hands of anyone with a Google Android phone by. Alphabet or one Apple iPhone.

Its specialized offerings mean that Matterport is currently serving a niche market, but one that has the potential to grow exponentially. For the first nine months of this year, the company generated total revenue of $ 84 million, up 35% year-over-year. Subscription and license revenues grew even faster, up 54% to about $ 49 million.

It is important to note that Matterport has only been a public company since July, so it is still in its infancy. So his operating expenses have exceeded income so far this year and he continues to spend money. This is expected to subside over time as the company builds on its digital software aspirations.

Matterport uses a freemium model to attract paying customers. For the first nine months of this year, its total subscriber base of 439,000 more than doubled, increasing by 116%, massively expanding its potential customer base. At the same time, paid subscribers soared 35%. Additionally, its net dollar expansion rate was 114%, meaning existing customers spent 14% more than in the prior year period.

Management estimates Matterport’s total addressable market at $ 240 billion – and that’s before any potential contribution from the Metaverse. The company has also positioned itself for the digital world to come and its tools will likely play a key role in mapping the new digital world.

There are real opportunities in the virtual field

The Metaverse hasn’t made its way from the drawing board to reality yet, but many of the necessary components are already in place – and the opportunity is significant. Morgan Stanley analyst Brian Nowak estimates the Metaverse will be worth around $ 8 trillion, so there’s a lot of potential profit to be made.

The metaverse could propel each of these companies – already thriving in their own right – to new heights and help enrich investors in 2022 and for decades to come.

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Suzanne Frey, an executive at Alphabet, is a member of the board of directors of The Motley Fool. Randi Zuckerberg, former director of market development and Facebook spokesperson and sister of Meta Platforms CEO Mark Zuckerberg, is a member of the board of directors of The Motley Fool. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of the board of directors of The Motley Fool. Danny Vena owns Alphabet (A shares), Amazon, Apple, Meta Platforms, Inc. and Nvidia. The Motley Fool owns and recommends Alphabet (A-shares), Alphabet (C-shares), Amazon, Apple, Matterport, Inc., Meta Platforms, Inc., Nvidia, and Unity Software Inc. The Motley Fool recommends the following options: Long January Calls 2022 at $ 1,920 on Amazon, long calls at $ 120 in March 2023 on Apple, short calls at $ 1,940 in January 2022 on Amazon and short calls at $ 130 in March 2023 on Apple. The Motley Fool has a disclosure policy.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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