June 27, 2024

27 June 2024

+ 15 - 3535
23,808 - 53
+8 + 5103
- 241
- 423

• US Durable goods order MoM (May).

• US GDP Growth Rate Q-o-Q Final (Q1)
• US Initial Jobless claim No’s
• IPO Open for Subscription: Allied blenders (25 June -27 June). Vraj Iron & Steel Ltd (25 June- 28 June)
 27 June 2024

Bharti Airtel CMP (1462) KEC International CMP (863)

Company has acquired 97 MHz spectrum Company gets new orders worth Rs 1,025
in 900 MHz, 1800 MHz and 2100MHz crore for its T&D and cables business.
frequency bands for a total consideration
of ₹6,857 crore.

POSITIVE POSITIVE
1455 1472 | 1482 856 872 | 881

JSW Energy (711 )

PI Industries (3782) ITD Cementation CMP (520)

Company says acquisition of plant health Company signs PPA for 1325 MW
care plc through pi industries renewable projects. Company wins ₹1,080 crs marine
management consultancies, cost of contract.
acquisition £32.78m.

POSITIVE POSITIVE
POSITIVE
3774 3795 | 3810 706 722 | 728
512 532 | 540
 WEEKLY TRACKER : KEY CORPORATE ACTION 27 June 2024

Record
Company Name Ex Date Purpose
Date

IndusInd Bank 28 Jun 2024 28 Jun 2024 Final Dividend Rs 16.50

Bajaj Holdings 28 Jun 2024 28 Jun 2024 Final Dividend Rs 21

Bank of Baroda 28 Jun 2024 28 Jun 2024 Final Dividend Rs 7.60

REC 28 Jun 2024 28 Jun 2024 Final Dividend Rs 5

Source – BSE INDIA

 June 27, 2024

(CMP 23868.80) (CMP 52870.50)

Short term trend Sideways Short term trend Sideways

Upper Boundary – 24000 Upper Boundary - 54000
Lower Boundary – 22700 Lower Boundary - 48800

23800 23700 52700 52500

23900 24000 52900 53000

Buy near 23800 with a stop loss of 23700 tgt Buy near 52700 with a sl of 52500 tgt 52850/52950
23900/23950

1. PEL 2. GRANULES 1. BALRAMCHIN 2. APOLLOHOSP

 June 27, 2024

TECHNICAL VIEW

FINNIFTY (CMP – 23592.70) Nifty Midcap Select (CMP – 12251.05)

Short-term Trend Sideways Short-term Trend; Sideways

Upper Boundary - 24000 Upper Boundary – 13000

Lower Boundary – 21800 Lower Boundary - 11500

S1: 23500 S2: 23400 S1: 12150 S2: 12000

R1: 23650 R2: 23750 R1: 12300 R2: 12400

Strategy for the Day Strategy for the Day

Buy near 23500 with a sl of 23400 tgt 23600/23700 Buy near 12150 with a sl of 12000 tgt 12250/12350
 APR 16 2024
June 27 2024

View
Positive Rs.2885.84Cr.
BIOCON 352.70 360 347
23806.17 52758.40 CHAMBLFERT Positive 520.20 535 512
Rs.-8272.93Cr.
1.27 0.98 Positive Rs.6486.31Cr.
ICICIBANK 1213.25 1234 1200
24000 53000 Rs.81679Cr
BHARATFORG Negative 1680.30 1650 1698
23700 52000 RS.1916.01Cr
HINDCOPPER Negative 323.40 310. 330

24000
INDIACEM GNFC INDUSTOWER PNB SAIL
23700
 June 27 2024

Strategy for the day

 June 27, 2024

Granules India : Value-added products to drive margins. Buy with Target price of Rs.600

Bharti Airtel : Focus to shift to tariff hikes post spectrum auctions. Buy with Target price of Rs.1680
.

BHARTI AIRTEL * 1459 BUY 1680 15%

BANK OF BARODA 281 BUY 310 10%

COAL INDIA BUY 550 17%

469

M&M BUY 3431 20%

2852

INFY 1541 BUY 1850 20%

27 June 2024