Tamil Share

Stocks To Watch 
Tata Steel: The company files curative petition in Supreme Court challenging Odisha's tax on mineral land. 
Unitech: The company has announced the divestment of Unitech Power Transmission for Rs 508.9 million. 
SRF: The company has received a GST demand order of approximately Rs 170 crore, including a penalty, from the Vadodara tax authority.  
Rallis India: The company will establish a solar power plant for renewable energy with an estimated capital expenditure of approximately Rs 20-27 crore. 
Minda Corp.: The company has completed the acquisition of a 49% stake in Flash Electronics Pvt. Ltd. 
Info Edge India: The company will invest Rs 90 crore in Startup Investments (Holding) Ltd., its wholly owned subsidiary. 
Bank of India: The bank will consider the proposal for raising funds  through the issuance of long-term (Infra) bonds at its meeting scheduled for Jan. 23, 2025.  
DLF: The NCLT Chandigarh bench has approved the merger involving the amalgamation of seven wholly owned subsidiary companies. 
Adani Energy Solutions: Adani Electricity has entered into an agreement with Adani Properties to acquire Superheights Infraspace for Rs 475 crore. Superheights Infraspace holds development rights for 3,000 sq. m of land in BKC.  
Dalmia Bharat: Dalmia Cement (Bharat) Ltd., a wholly owned subsidiary of the company, has entered into a share subscription and shareholders agreement to acquire 26% of the equity share capital of Solis Urja Energy Pvt. Ltd., totaling Rs. 1,75,00,000. 
ITD Cementation India: The company has received an arbitral award of Rs 12 crore from the Arbitral Tribunal concerning various claims related to contractual disputes. Notably, the company had filed claims before the Tribunal against the Airports Authority of India. 
Ashapura Minechem: The company’s international subsidiary has signed a long-term Memorandum of Understanding with China Railway to collaboratively develop the Fako bauxite deposit in Guinea. 
IndusInd Bank: The VAT Tribunal in Chennai has imposed a penalty of Rs 7.08 crore on the bank for various GST-related issues. 
Route Mobile: The company has received an order from the Deputy Commissioner of CGST covering the period from July 2017 to March 2018, as well as fiscal 2018-19, with a total demand of Rs 11.08 crore. 
GMR Airports: The company reported a 9% year-on-year increase in total passenger traffic, reaching 1.1 crore. Additionally, total aircraft movements saw a 7% year-on-year growth, totaling 64,364

Trading Tweaks 
Ex/Record Date For Stock Split: Blue Cloud Softech Solutions, Nava 
Move Out of ASM Framework: Spandana Sphoorty Financial, Zen Technologies

Who's Meeting Whom? 
Five-Star Business Finance: To meet analysts and investors between Jan. 20 and Jan. 22. 
Nestlé India: To meet analysts and investors on Feb. 4.

Securities in ban period: 
AARTI Industries, 
Aditya Birla Fashion and retail, 
Angle One, 
Bandhan Bank, 
Can Fin Homes Ltd, 
Hindustan Copper, 
L&T Finance, 
RBL Bank, 
Kalyan Jewellers, 
Manappuram Finance

Money Market 
The rupee closed weaker against the US currency for the second day in a row as the dollar index rebounded, tracking sustained decline in the pound sterling and euro in the second half of the trade. Demand for the greenback weighed on the Indian unit. The rupee weakened by six paise to close at 86.61 against the US dollar. The domestic currency opened flat at 84.56 against the greenback, according to Bloomberg data.

Listing of Equity Shares of Laxmi Dental Limited (IPO)with effect from January 20, 2025
Symbol LAXMIDENTL [544339]
Name of the Company Laxmi Dental Limited
Series EQ
ISIN INE0WO601020
Face Value Rs. 2/-
Paid-up Value Rs. 2/-
Issue Price for the current public issue
Rs. 428/- per share
Security Description
Equity shares of Rs. 2/- each fully paid up
No. of securities 54962149
Distinctive number range As per Annexure I
Market lot 1

*News Headlines from Business News Agencies :* 
*Business Standard :*
📝 India's current economic environment conducive for private investments: CII 
📝 Rupee REER declines in December after November peak, shows RBI data 
📝 South Korean auto major Hyundai partners TVS to roll out e3Ws, micro 4Ws 
📝 Private sector banks' credit costs up in Q3FY25 on higher provisions 
📝 Indian organisations are mature about cybersecurity: Sophos CTO Aaron Bugal 
📝 VinFast to make India its export hub with $2 billion Thoothukudi facility 
📝 Finance Ministry dept to meet business correspondents, banks next week 
📝 AM/NS India advances value-added steel expansion with new Hazira facility 
📝 India targets $250 bn of engineering exports by 2030, says Commerce Secy
📝 Domestic composite materials industry to touch $2.8 bn mark by 2030: Report 
📝 CapitaLand announces Rs 450 cr investment in new IT park in Hyderabad 
*Economic Times :*
📝 NCLT directs liquidation of Tulip Hotels as it fails to get bidder within prescribed timeline 
📝 Long-term perspective on tax structure to aid product development: Skoda official 
📝 Govt likely to provide incentives for local manufacturing of high-end electric vehicles 
📝 India targets USD 250 bn of engineering exports by 2030 says commerce secretary 
📝 Keen to have manufacturing in India, visa issue not affecting operations: BYD 
📝 India not seeking duty concessions on liquor, cigarette in FTA with Oman: Sources 
📝 CapitaLand announces Rs 450 cr investment in new IT park in Hyderabad
📝 Sarala Aviation unveils prototype for India's first air taxi; Aims to launch in 2028
📝 Delhi-NCR sees highest 30 pc increase in housing prices during 2024 among top 7 cities: Anarock 
📝 Burmans' Religare open offer to acquire additional 26% stake to start on Jan 27 
📝 Purabi Dairy sells over 2 lakh litres of milk and milk products during Magh Bihu festival in Assam 
*Mint :*
📝 Private investment and job creation likely to rise in FY26, says industry body
📝 Govt mulling proposal to waive AGR dues for telecom companies: Report
📝 India, EU lay roadmap to strengthen trade and investment 
📝 Bharat Mobility Global Expo 2025: Honda Activa e: scooter launched in India
📝 Non-bank lenders form priority sector lenders’ body to plug MSME loan shortfall
📝 India plans to export 1 million tonnes of sugar to handle domestic stock surplus 
📝 AESL order book swells to ₹54,700 crore 
📝 IndusInd Bank CFO Gobind Jain resigns, Arun Khurana to take over on January 21 
📝 Punjab & Sind Bank to raise ₹2,000 cr via QIP this quarter: MD & CEO Swarup Kumar Saha 
📝 Budget FY26: Govt could cut customs duty on raw materials to boost manufacturing 
📝 UK Market Turbulence Pushes Mortgage Costs to Five-Month High

BULK DEAL 17-JAN-2025

SPANDANA
-3.96 LK @ 357.20 PADMAJA GANGIREDDY

Vertexplus Technologies
+1.96 LK @ 99.18 CRAFT EMERGING MARKET FUND PCC- ELITE CAPITAL FUND 
-1.77 LK @ 99.20 GOENKA BUSINESS & FINANCE LIMITED

TRANSCHEM
-3.5 LK @ 44.25 ANKIT RAJIDERKUMAR MIGLANI
+3.49 LK @ 44.25 SMIT CAPITAL SERVICES PRIVATE LIMITED