Stocks To Watch: United Breweries, NBCC, Indiabulls Housing, SJVN, Dalmia Bharat

India's stock benchmarks closed at record aided by gains in realty, information technology and telecom stocks and logged gains for the fifth consecutive week. The S&P BSE Sensex closed above the 60,000 mark for the first time.

The Sensex rose 0.27% to 60,048.47, a record close. The 30-stock index rose to a record 60,333 in intraday trade. The Nifty 50 advanced by a similar magnitude to 17,853.20, a record close. The 50-stock index rose to a record 17,947.65 in intraday trade.

Stocks To Watch

• NBCC (India): The company has secured an order for construction of 2,000 social housing at Hulhumale, Maldives on EPC basis. The total cost of the project is $130 million (approximately Rs 968.50 crore)

• United Breweries: The Competition Commission of India has imposed a penalty of Rs 751.83 crore on the company for anti-competitive conduct in the beer market in India.

• SJVN: The company has bagged a 1000 MW solar power project through Request for Proposal floated by Indian Renewable Energy Development Agency. The tentative cost of construction and development of this project is Rs 5,500 crore.

• Indiabulls Housing Finance: The company has sold a portion of its stake in OakNorth Holdings for approximately Rs 251 crore.

• Nucleus Software Exports: Approved buyback of 22.67 lakh equity shares, comprising of 7.81% of the total paid-up equity capital of the company, at Rs 700 each for an aggregate amount of Rs 158.71 crore.

• Dalmia Bharat: Dalmia Cement (Bharat), a subsidiary of the company, has commenced commercial production of Line 2, having a capacity of 2.25 million tonnes at its Kapilas Cement Manufacturing Works Unit near Cuttack, Odisha. With this addition, the company’s overall capacity at the plant has gone up to 3.95 MT per annum.

• Hindustan Copper: Government to offer up to 31.98 lakh equity shares of face value of Rs 5 each to the eligible employees of the company at Rs 116 per equity share.

• Orient Cement: The company has identified land admeasuring approximately 35 acres in Maharashtra, for establishing a Cement Grinding Unit. In this regard, Orient Cement has entered into a non-binding MoU with Adani Power Maharashtra, the lawful lessee, for facilitating bona fide use of the land for setting up CGU.

• Container Corporation of India: Extended the tenure of V Kalyana Rama, Chairman and Managing Director of the company, till September 30, 2023.

• EKI Energy Services: The company has opened three new international business points in Thailand, Jordon, and Indonesia, to meet the growing demand of services related to carbon credits. With this, the company now has presence in 12 countries.

Pledge Share Details

• Adani Transmission: Promoter Adani Tradeline LLP revoked pledge of 2 lakh shares on September 23.

• Adani Ports and SEZ: Promoters (Adani Tradeline LLP, Gautam Adani and Rajesh Adani) revoked pledge of 12.30 lakh shares on September 23.

• Johnson Controls-Hitachi Air Conditioning India: Promoter JCHAC India Holdco created a pledge of 65.25 lakh shares on May 28.

• Max Financial Services: Promoter Max Ventures Investment Holdings revoked pledge of 2.45 lakh shares on September 22.

  As reported on September 24.

Bulk Deals

• JTL Infra: Dugar Growth Fund bought 1 lakh shares (0.94%) at Rs 862 per share. Promoter Jagan Industries sold 2.38 lakh shares (2.25%) at Rs 862.79 per share. Blooming Portfolio Services LLP bought 78,229 shares (0.74%) at Rs 862.76 per share and sold 76,429 (0.72%) at Rs 875.70 per share.

• Sansera Engineering: Nomura Funds Ireland bought 6 lakh shares at Rs 820.1 per share. Plutus Wealth Management LLP bought 5 lakh shares at Rs 811.5 per share. IIFL Mutual Fund bought 4.70 lakh shares at Rs 820.09 per share. IIFL Asset Management bought 3.97 lakh shares at Rs 818.01 per share. Abu Dhabi Investment Authority bought 4.87 lakh shares at Rs 821.48 per share.

• Andhra Cements: Topgain Finance bought 15.17 lakh shares (0.52%) at Rs 17.15 per share.

Insider Trades

• Aegis Logistics: Promoter Trans Asia Petroleum Inc. bought 50,000 shares on September 22.

• Alkyl Amines Chemicals: Promoter Yogesh Kothari sold 7,186 shares between September 22-23.

• Gujarat Fluorochemicals: Promoter Inox Chemicals LLP sold 41,552 shares on September 23.

• Karda Constructions: Promoters (Neha Karda and Komal Karda) sold 38 lakh shares between September 22-23.

• Man Infraconstruction: Promoter Mansi Shah bought 1.70 lakh shares on September 23.

• Mayur Uniquoters: Promoters (Suresh Kumar Poddar & Sons HUF and Kiran Poddar) sold 5 lakh shares on September 23.

• Sequent Scientific: Promoter Chayadeep Ventures LLP sold 1.05 lakh shares between September 22-23.

Who’s Meeting Whom

• Tata Motors: To meet SBI Life Insurance and Jet Age Securities on September 27, Thornburg Investment Management on September 28, and East Bridge Advisors on September 30.

• Manappuram Finance: To meet Point72 on September 27.

• Gulshan Polyols: To meet UTI AMC on September 27 and HDFC MF on September 28.

Trading Tweaks

• Ex-Date AGM: Star Cement, BF Utilities

• Ex-Date Rights Issue: Bharti Airtel

• Ex-Date Interim Dividend: Cosmo Films

• Ex-Date Stock Split: Indo Borax & Chemicals

• Record Date Final Dividend: Rangoli Tradecomm

• Record Date Stock Split: KPR Mill

• Price Band Revised From 10% To 5%: V2 Retail

• Move Out Of Short-Term ASM Framework: Zensar Technologies, Filatex India, Zee Learn,

• Move Out Of ASM Framework: Reliance Communications, VA Tech Wabag, Reliance Industrial Infrastructure, Panacea Biotec, Nectar Lifesciences, Venky's (India)