SEBI ne capital market mein apni jagah banane ke liye Swiggy, Hyundai Motor India, Vishal Mega Mart, Acme Solar Holdings, aur Mamata Machinery ke IPO plans ko approve kar diya hai. Regulator ne Swiggy aur Hyundai Motor India ko 24 September ko observation letters diye, jabki Vishal Mega Mart ko 25 September aur Acme Solar aur Mamata Machinery ko 27 September ko approval mila.

IPO ke liye observation letter ka milna yeh dikhata hai ki company ek saal ke andar apna IPO launch kar sakti hai. Swiggy ne confidential papers April mein file kiye the aur apna updated draft red herring prospectus 26 September ko file kiya. Is IPO mein fresh issue of equity shares Rs 3,750 crore tak ka hoga aur existing shareholders 18.52 crore equity shares offer for sale karenge.

Swiggy ke bade investors mein Prosus (32%), SoftBank (8%), aur Accel (6%) hain, aur saath hi Elevation Capital, Tencent Cloud, Norwest Ventures jaise stakeholders bhi shamil hain. Agar Swiggy pre-IPO placement se Rs 750 crore uthata hai toh fresh issue size utna hi kam hoga.

Hyundai Motor India ka IPO bhi October mein aane ki sambhavana hai. Company apne 14.21 crore equity shares ko offer-for-sale ke roop mein bechne ka plan bana rahi hai, jisme fresh issue nahi hoga. South Korean parent company Hyundai Motor Company iss IPO mein apne shares bechne wali hai.

Vishal Mega Mart, jo ek popular fashion-led hypermarket chain hai, ne Rs 1 billion tak raise karne ka plan banaya hai. Acme Solar Holdings bhi Rs 3,000 crore ka IPO launch karegi, jisme Rs 2,000 crore ka fresh issue aur Rs 1,000 crore ka offer-for-sale hoga. Mamata Machinery apne promoters ke through 73.82 lakh shares ko offer-for-sale karegi.

Innovision ka IPO abhi pending hai kyunki SEBI ne unke draft papers ko wapas bhej diya hai.

NTPC ki green energy arm, NTPC Green Energy Ltd (NGEL) ne Mahatma Phule Renewable Energy and Infrastructure Technology Ltd (MAHAPREIT) ke sath ek joint venture agreement (JVA) sign kiya hai. Yeh agreement 25 September 2024 ko sign hua.

Yeh JVA NGEL ke CEO Shri Rajiv Gupta aur MAHAPREIT ke MD Shri Bipin Shrimali ne Mumbai mein sign kiya. Dono taraf se senior officials bhi maujood the. Is JV ka maksat Maharashtra ya kisi aur state mein 10 GW tak ke renewable energy parks aur projects develop karna hai. Yeh information NTPC ki taraf se BSE filing mein aayi.

NGEL ka yeh step uss waqt aaya jab company ne apna initial public offering (IPO) draft Sebi ke paas file kiya hai. Is IPO ke zariye NGEL Rs 10,000 crore tak raise karegi. Yeh ek fresh issue hoga, jisme koi offer-for-sale (OFS) component nahi hoga. Company IPO se jo paisa raise karegi, usse apne debts repay karegi aur general corporate purposes ke liye use karegi.

IPO ko manage karne ke liye ek team book-running lead managers ki hogi, jisme IDBI Capital Markets & Securities, HDFC Bank, IIFL Securities aur Nuvama Wealth Management shamil hain.

WealthMills Securities ke equity strategy director, Kranthi Bathini ka kehna hai ki NTPC Green IPO investors ke liye kaafi attractive hoga, khaaskar kyunki green energy ko near term mein kaafi focus mil raha hai. NTPC ka yeh kadam uski income ko diversify karne ki ranneeti ka hissa lagta hai, jisme company alag energy avenues explore kar rahi hai.

India ka IPO market is saal kaafi vibrant raha hai, jisme lagbhag 235 companies ne ab tak Rs 71,000 crore raise kiye hain.

Is beech, NTPC ke shares aaj 0.36% badhkar Rs 437.90 tak pahunch gaye,

jo ek record high hai. Share 0.44% niche Rs 434.40 par settle hua, jabki pichle close ke comparison mein Rs 436.30 par tha.

Technical Research Analyst, Shiju Koothupalakkal ka kehna hai, “NTPC ka stock Rs 395 levels se strong pullback dikhate hue, daily charts pe ek decisive breakout diya hai, aur isme aage aur bhi badhne ki sambhavnayein hain.” Unhone investors ko Rs 446-480 ke targets ke liye buy karne ki salah di hai, stop loss Rs 415 par rakhen.

NTPC Green Energy ka IPO aur Mahapreit ke sath JV sign karna,

dono hi company ke expansion plans ko darshate hain, jisme clean energy ko importance mil raha hai.

Reliance Infrastructure Ltd ke shares Wednesday ko teesre din lagatar upar chadhte gaye. Stock mein 20% ka zabardast jump dekhne ko mila, jisse upper price band Rs 282.75 per touch ho gaya. 2024 ke calendar year mein ab tak is stock mein 34.23% ki growth dekhne ko mili hai.

Aaj ke share price ke tezi ka kaaran company ka ye announcement tha ki usne apne standalone external debt ko Rs 3,831 crore se reduce karke Rs 475 crore kar diya hai. Company ne bataya ki Invent Assets Securitisation aur Reconstruction Pvt Ltd ne kuch charged securities ko novate karke apne dues recover kiye hain, jisse Invent ARC ka pura fund-based outstanding amount zero ho gaya hai, ye baat Reliance Infra ne BSE filing mein share ki.

Iske alawa, Reliance Infra ne apne Life Insurance Corporation of India, Edelweiss Asset Reconstruction Company Ltd, ICICI Bank, Union Bank aur dusre lenders ke funded outstanding dues ko bhi clear kar diya hai. Ab company ki external debt liability Rs 475 crore reh gayi hai. Issi wajah se company ki net worth Rs 9,041 crore ho gayi hai.

Technical setup ke hisaab se, Reliance Infra ka stock 5-day, 10-, 20-, 30-, 50-, 100-, 150- aur 200-day simple moving averages (SMA) se upar trade kar raha tha. Stock ka 14-day relative strength index (RSI) 76.72 pe tha, jisse overbought maana jaata hai kyunki 70 ke upar ki value overbought hoti hai, aur 30 ke neeche oversold.

BSE ke mutabiq, company ka price-to-equity (P/E) ratio negative 5.89 hai aur price-to-book (P/B) value 1.48 hai. Earnings per share (EPS) negative 40.04 aur return on equity (-)25.15 ke saath listed hai.

Religare Broking ke Senior VP, Ravi Singh ka kehna hai, “Is stock mein Rs 290 tak ka upside target dekhne ko mil sakta hai, lekin Rs 270 ka strict stop loss lagana zaroori hoga.”

Anand Rathi ke Technical Research Analyst, Jigar S Patel ne kaha, “Support Rs 265 pe hai aur resistance Rs 308 par. Agar stock Rs 308 ke upar close karta hai to Rs 320 tak ka upside dekhne ko mil sakta hai.”

Sebi-registered research analyst AR Ramachandran ke mutabiq, “Stock bullish hai, lekin overbought bhi lag raha hai. Rs 247 ke neeche close karne par downward target Rs 195 tak jaa sakta hai.”

Reliance Infra EPC services,

Delhi mein power distribution, aur defence sector ke saath infrastructural projects jaise metro, toll roads aur airports mein kaam karta hai. Isne Mumbai Metro Line One ka bhi execution kiya hai. June 2024 tak promoters ke paas 16.50% ka stake tha.

BSE per Monday ko 387 stocks, including ICICI Bank, HCL Tech, Tech Mahindra, JSW Steel, Sun Pharma, aur Bajaj Finserv ne fresh 52-week highs hit kiya. LTIMindtree, Marico, Naukri, Persistent Systems, Shriram Finance, United Spirits, Coforge, Dixon Technologies, Gujarat Fluorochemicals, Mahindra and Mahindra Financial Services, Mphasis, aur Syngene International ne bhi apne fresh 52-week highs achieve kiye.

Indian stock market benchmark indices, Sensex aur Nifty 50, ne bhi fresh record highs touch kiye. Sensex 83,184.34 par aur Nifty 50 25,445.70 par pahunch gaya, global cues mix hone ke baad ab focus US Fed policy outcome par shift ho chuka hai jo Wednesday ko expected hai.

Sensex din ke end tak 98 points ya 0.12% se badhkar 82,988.78 par band hua, jabki Nifty 50 25,383.75 par settle hua, 27 points ya 0.11% ka gain le kar. BSE Midcap index lagbhag flat raha, jabki Smallcap index 0.28% upar gaya.

NTPC, JSW Steel, Larsen and Toubro, aur Axis Bank Sensex index ke top gainers rahe, jabki Bajaj Finance, Hindustan Unilever, Bajaj Finserv, aur Adani Ports top losers ki list mein aaye.

Ab market ka pura focus US Fed per hai jo Wednesday ko apni rate cut ka decision le sakta hai. Kuch experts ko lagta hai ki Fed 25 bps se rates cut karega, jabki kuch expect kar rahe hai ki economic slowdown ke signals ki wajah se 50 bps ka rate cut ho sakta hai.

Geojit Financial Services ke Head of Research, Vinod Nair, ne kaha, “Domestic market ne narrow range mein positive bias ke saath trade kiya, jabki sab participants Fed ke decision ka intezaar kar rahe hai. US job market ki weakness aur low inflation rate cuts ko samarthan de rahe hain. Foreign capital inflow aur domestic growth ki stability market sentiment ko optimistic bana sakti hai.”

Rate cuts Indian market ke liye positive triggers hote hain kyunki yeh foreign capital inflow badhate hain, corporate borrowing cost kam karte hain, corporate profitability ko boost dete hain, aur consumers ki spending power ko increase karte hain. Lekin is baar focus sirf rate cut par nahi, balki interest rate cut cycle ke trajectory par hai.

VSRK Capital ke Director Swapnil Aggarwal ne kaha, “Market ka reaction Fed ke decision ke piche ke motivations par depend karega. Agar rate cut slowing economy ya rising unemployment ke concerns ko address karta hai, toh market ka response muted ho sakta hai. Lekin agar Fed low inflation aur stable growth outlook ki wajah se rates cut karta hai, toh market rally dekh sakta hai.” Sab ki nazar ab Fed ke aage ka economic roadmap par hai.

Oil India Ltd, jo ek state-run explorer hai, apne Assam wale refinery mein expansion kar rahi hai, jisme target hai ki refinery ki capacity ko 180,000 barrels per day (bpd) tak badhaya jaaye March 2027 tak, Chairman Ranjit Rath ne kaha. Ye expansion Oil India ki subsidiary, Numaligarh Refinery Ltd (NRL), ka hissa hai jo abhi 60,000 bpd refine karti hai.

Numaligarh Refinery Ltd apni refinery ki capacity ko

badhane ke liye ek major upgrade kar rahi hai, jisme crude oil pipeline ka construction bhi shamil hai jo Paradip Port, Odisha tak refinery ko connect karegi. Ye project aur refinery expansion dono December 2025 tak complete hone ki umeed hai, Rath ne press conference mein bataya.

Jab refinery apni puri capacity tak pahuch jaayegi, company 110,000 bpd crude oil import karegi taaki processing demand ko pura kiya ja sake. Ye company ke operations mein ek bada badlav hoga, jo Oil India ko refining sector mein aur strong karega.

Oil India apni growth plans ke liye multiple projects mein heavy investment kar rahi hai, jisme ₹250 billion (₹3 billion) tak ka budget 2030 tak invest kiya jayega. Ye investments clean energy assets mein bhi ho rahi hai, jo company ke future strategy ka ek important part hai taaki carbon footprint kam kiya ja sake.

NRL apni refining operations ke saath saath ek biorefinery bhi set kar rahi hai jo har saal 50,000 tons ethanol produce karegi bamboo ko feedstock ke roop mein use karke. Ye ethanol production September tak shuru hone ki umeed hai. Ethanol Bharat ke clean energy strategy ka ek mahatvapurn hissa ban raha hai taaki traditional fuels par dependence kam kiya ja sake.

NRL na sirf northeast region ko fuel supply karti hai balki Bangladesh ko bhi diesel provide karti hai ek pipeline ke zariye jisme 1 million tons per year ki capacity hai. Bangladesh ke political crisis ke bawajood, Rath ne confirm kiya ki diesel supply ko koi rokawat nahi hai. Unhone bataya ki Bangladesh ko supply ke liye letter of credit already in place hai.

Oil India ka do upstream projects mein stake hai jo Russia mein situated hai, Vankorneft aur Tass-Yuryakh. In projects se $250 million ka dividend Oil India ko milna hai, jo abhi Moscow branch ke ek Indian bank mein pada hai aur ab tak repatriate nahi kiya gaya hai. Dusre Indian companies jo in projects mein stakes rakhti hai, unko bhi $600 million ka dividend abhi tak nahi mila hai.

NRL ka expansion aur company ki broader investments Oil India ke refining capabilities ko badhane ke commitment ko dikhata hai, jo Bharat ki energy security ko strong karne ke saath saath clean energy sector mein apni jagah bana rahi hai.