BERGER PAINTS Says Will take a price hike to mitigate raw material impact Old prices to continue for 30-35 days New prices will kick in for industrial products Aim for strong single-digit to low double-digit volume growth
G7 TO DISCUSS JOINT RELEASE OF EMERGENCY OIL RESERVES: FT #BIGBREAKING
Meesho stock tank 10% after ₹1,500 crore income tax demand, shareholder lock-in ends
Read More:
India not dependent on permission from any country to buy Russia oil, says govt
Market extends losses, Nifty enters technical correction level, down 10% from record high of 26,373 on January 5. Over 250 stocks of Nifty 500 trading with cuts of 3-5% Almost all Nifty 500 stocks in the red All sectoral indices are in the red, Nifty PSU Bank down nearly 5% 48 Nifty stocks are in the red, with 20 stocks down more than 3% BSE-listed Cos Erase Market Cap Of ₹15 Lakh Crore
ONGC, OIL INDIA ; NO WINDFALL TAX THIS TIME 🟢 Government cannot impose WINDFALL TAX on HIGHER CRUDE PRICES The Act does not allow the Goverment to impose such taxes
ICICI SEC Says OMCs Likely To Face Losses If Oil Hikes Aren’t Passed On To Consumers HPCL Could See A Worst-case Loss Of Rs 90/sh If Oil Hikes Aren’t Passed On (Annualised) ‘Cracks On Refined Products Are Levels I Have Not Seen In My Lifetime’ Standalone Refiners Like CPCL & MRPL Will Be Outsized Gainers Till Iran War Lasts
FEB BIZ ICICI Lombard General Insurance reported a premium of 2,177 crore, up 18.3% YoY Bajaj Allianz General Insurance reported a premium of ₹1,094 crore, down 10.2% YoY New India Assurance reported a premium of ₹2,522 crore, up 2.2% YoY Star Health Insurance reported a premium of ₹1,671 crore, up 17.1% YoY Go Digit General Insurance reported a premium of ₹674 crore, up 18.8% YoY Niva Bupa Health Insurance reported a premium of ₹916 cr, up 44.0% YoY
Corporate Actions Dividend 09-Mar-26 AXTEL: Interim Dividend – Rs. – 12.00 11-Mar-26 BALMLAWRIE: Interim Dividend – Rs. – 4.25 MRPL: Interim Dividend – Rs. – 4.00 SBICARD: Interim Dividend – Rs. – 2.50 12-Mar-26 RSYSTEMS: Interim Dividend – Rs. – 6.00 IOC: Interim Dividend – Rs. – 2.00 SUNTV: Interim Dividend – Rs. – 1.25 13-Mar-26 IRFC: Interim Dividend 16-Mar-26 DICIND: Final Dividend – Rs. – 3.00 IPO Rajputana Stainless: Open: 09-Mar-26; Close: 11-Mar-26 Innovision: Open: 10-Mar-26; Close: 12-Mar-26 Raajmarg Infra Investment Trust: Open: 11-Mar-26; Close: 13-Mar-26 Skyways Air Services: Open: 18-Mar-26; Close: 20-Mar-26 Buyback Puretrop Fruits: Ex-Date: 10-Apr-26 Bonus Issue Cupid: Bonus Issue 4:1; Ex-Date: 09-Mar-26 Macfos: Bonus Issue 1:10; Ex-Date: 10-Mar-26 Frontier Springs: Bonus Issue 2:1; Ex-Date: 13-Mar-26 RM Drip and Sprinklers System: Bonus Issue 5:7; Ex-Date: 07-Apr-26 Stock Split TANFAC Industries: Stock Split From Rs. 10/- to Rs. 5/-; Ex-Date: 09-Mar-26 Hindusthan Urban Infra.: Stock Split From Rs. 10/- to Rs. 2/-; Ex-Date: 13-Mar-26 PVV Infra: Stock Split From Rs. 5/- to Rs. 1/-; Ex-Date: 27-Mar-26 Right Issue BCC Fuba India: Ex-Date: 11-Mar-26 Prabha Energy: Ex-Date: 11-Mar-26 Vertex Securities: Ex-Date: 12-Mar-26 Sical Logistics: Open: 26-Feb-26; Close: 10-Mar-26 Sadhana Nitrochem: Open: 27-Feb-26; Close: 10-Mar-26 Onelife Capital Advisors: Open: 23-Feb-26; Close: 16-Mar-26 Oneclick Logistics India: Open: 09-Mar-26; Close: 16-Mar-26 AVI Polymers: Open: 23-Feb-26; Close: 17-Mar-26 Bhandari Hosiery Exports: Open: 06-Mar-26; Close: 20-Mar-26 Enbee Trade & Finance: Open: 12-Mar-26; Close: 20-Mar-26 Healthcare Global Enterprises: Open: 11-Mar-26; Close: 25-Mar-26 BCC Fuba India: Open: 19-Mar-26; Close: 27-Mar-26
Forthcoming Event 09th March: RAILTEL, TTC to consider Dividend; Indian Railway Finance Corporation to consider Dividend & Fund Raising; Mena Mani Industries, Power Grid Corporation of India, Yarn Syndicate to consider Fund Raising 10th March: Vega Jewellers to consider Bonus issue; Capri Global Capital, RGF Capital Markets, Tuni Textile Mills to consider Fund Raising 11th March: 5Paisa Capital, Krishna Institute of Medical Sciences, Maha Rashtra Apex Corporation, Regal Entertainment & Consultants, Vardhman Polytex to consider Fund Raising 12th March: Associated Alcohols & Breweries, Max Financial Services, Steelco Gujarat to consider Fund Raising 13th March: BANCOINDIA, MIDHANI to consider Dividend 16th March: BLIL to consider Dividend 23rd March: Biogen Pharmachem Industries to consider Bonus issue
Read More:
*Stocks in News* *KPI Green Energy:* Company executes Battery Energy Storage Purchase pact with GUVNL. Pact with GUVNL for Development of 445 MW/890 MWh IPP Standalone BESS Projects. (Positive) *United Drilling:* Company receives order from ONGC for the supply of casing pipe worth Rs 3.72 cr. (Positive) *RITES:* Company receives Rs 729 crore order from South Western Railway for railway electrification work. (Positive) *HG Infra:* Announced completion of project worth Rs 763 cr. (Positive) *Solar Industries:* Company commences construction of Nagpur facility. (Positive) *IRB Infra:* February toll revenue rises 22% to ₹746 cr from ₹614 cr YoY. (Positive) *IOL Chemicals:* European Directorate for the quality of medicines & health care grants CEP to company for ‘Metformin Hydrochloride Process-II’ API, adding to existing CEP for Metformin Hydrochloride Antidiabetic Drug (Positive) *Ramkrishna Forgings:* Company commenced commercial production of an 8000 Ton Hot Forging Press Line with 40,000 TPA capacity at its Plant V in Jharkhand (Positive) *Thomas Cook:* Company expands its footprint in Madhya Pradesh by opening its first outlet in Gwalior, increasing its presence in the state to 6 locations. (Positive) *Dr Reddy’s:* DOJ closes inquiry under foreign corrupt practices act for company. DOJ does not recommend enforcement action against company. (Positive) *Tata Power:* Company has announced a strategic collaboration with Salesforce to accelerate India’s clean energy transition. (Positive) *MRPL:* Company adequately stocked; no crude shortage. Govt sources say reports of MRPL shutting units are incorrect (Neutral) *Syngene Intl:* Company announces a significant reshuffling as CCO (Interim) Ms. Caroline Hempstead will depart by mutual consent. Mr. Abhijit Zutshi will assume the role of CCO. (Neutral) *UltraTech Cement:* Company announces the appointment of Mr. Jayant Dua as Managing Director (Designate) from April 1, 2026. (Neutral) *Genus Paper & Boards:* Company has divested its entire 100% equity stake in its wholly-owned subsidiary, Genus Paper and Coke Limited (GPCL), for ₹11.86 Cr. (Neutral) *TataMotorsPV:* Om Prakash Bhatt ceases to be an Independent Director of co w.e.f March 8. (Neutral) *YES Bank:* Appoints Vinay Muralidhar Tonse as MD & CEO-designate. (Neutral) *Lupin:* Company receives 2 Form-483 observations from USFDA. (Neutral) *Fino Payments Bank:* RBI approves Interim CEO appointment. (Neutral) *Kernex Micro:* Company formed JV with Bharat Heavy Engineering. (Neutral) *Neogen Chemical:* Promoter fund raise of Rs 161 cr. (Neutral) *Omaxe:* Arm Omaxe New Chandigarh Developers receives a RERA registration certificate for a project in Punjab. (Neutral) *GK Energy:* Maharashtra GST authorities conclude inspection at the company’s office. (Neutral) List of stocks excluded from ASM Framework: Bajaj Consumer, KRN Heat, Sharda Crop, Sindhu Trade Links. (Neutral) *Axtel Industries Ltd* Ex-Date Monday, Interim Dividend – Rs. – 12.0 (Neutral) *Cupid Ltd* Ex-Date Monday, Bonus issue 4:1 (Neutral) *TANFAC Industries Ltd* Ex-Date Monday, Stock Split From Rs.10/- to Rs.5/- (Neutral) *Paints/OMCs/Aviation:* WTI Up 25% Over $113, Brent Gains 22%. (Negative) *SMLMahindra:* Feb CV Sales Update: Total Feb CV sales down 14% at 1,442 units vs 1,679 units (YoY). (Negative) *Kwality Wall:* Net Loss at Rs 178 crore vs Loss of Rs 100 crore, Revenue at Rs 223 crore vs Rs 322 crore. (Negative)
InterGlobe Aviation (IndiGo), SpiceJet: Airlines Seek Government Relief as West Asia Conflict Raises Costs • ✈️ Industry Meeting: Airline representatives met the Civil Aviation Minister to highlight financial strain caused by the ongoing West Asia regional conflict. • 💰 Relief Requested: Carriers requested excise duty or GST relief to offset rising operating costs. • 📉 Operational Disruptions: Fewer flights and route disruptions are increasing operational expenses. • 🛫 Low Load Factors: Flights between India and West Asia are often operating empty on one leg, impacting profitability. • 🛡️ Insurance Costs Rising: Airlines report higher aviation insurance premiums, adding to cost pressures. • ⚠️ Margin Risk: Airlines warn that prolonged disruptions could further pressure margins across the sector. 🔴 Impact: Negative (Near Term) Higher fuel, insurance, and operational costs could weigh on profitability for airlines like InterGlobe Aviation and SpiceJet if the conflict continues.
ONGC, Oil India likely to gain; BPCL, HPCL, IOCL under pressure as Brent surges near $120
CORPORATE ACTION TODAY – NSE SME NEW LISTING – ACETEC ST – Acetech E-Commerce Limited – IPO PRICE Rs. 112/- per share TODAY – BSE SCRIPT LISTING ON NSE – INA EQ – Insolation Energy Limited TODAY – CUPID EX BONUS – 4 : 1 MAR 11TH – MRPL EX DIVIDEND – RS 4 MAR 11TH – BALMLAWRIE EX DIVIDEND – RS 4.25 MAR 11TH – SBICARD EX DIVIDEND – RS 2.50
MIDDLE EAST WAR STOCKS Positives ONGC, Oil, HOEC, Vedanta-Brent Crude crosses $100/bbl HAL, BEL, Defense Stocks-Sentimentally Positive Deep Industries, Jindal Drilling-Sentimentally Positive GE Shipping, SCI-Rise in Baltic Dry Index Negative GAIL, Petronet LNG-LNG prices spike CGDs, Fertilizer Companies-LNG prices spike OMCs, Paint, Tyres,- Higher Crude Prices InterGlobe Aviation-Hike in ATF price likely L&T, VA Tech Wabag, BLS International-Higher revenue exposure from Middle East KRBL, BLS International- Higher revenue exposure from Middle East MakeMyTrip, Ixigo, Thomas Cook-Negative sentiment Aarti Industries, Vinati Organics, Atul, Vishnu Chemicals-Pricing shock expected Hind Zinc, Gold Financing Compang-Gold, silver prices fall 2-3%
Oil prices ‘could breach $100 a barrel within days’ amid supply disruption from Iran war Oil prices could exceed $100 per barrel within days and potentially reach $150 by the end of the month, according to Goldman Sachs, due to severe supply disruptions from the Iran war affecting the Strait of Hormuz. Only about 10% of normal oil shipments are currently passing through the key trade route after Iran effectively blocked tanker traffic following the US-Israeli attack on Iran. This disruption is far larger than the oil shock caused by Russia’s invasion of Ukraine in 2022. Oil has already surged over 50% in 2026, rising from around $60 to more than $94 per barrel, with analysts warning that the global market faces a 20 million barrels-per-day supply deficit if exports remain blocked. Because the Strait of Hormuz carries about one-fifth of global oil and LNG, continued disruption could trigger record oil prices and major global economic consequences.
#INDvNZ | India lifts the #T20WorldCup26 trophy, defeating the #Kiwis by 96 runs, becomes the first team in history to win consecutive #T20WorldCup titles #Bumrah #SanjuSamson #IndiaWins
ICC Men’s T20 World Cup Winners (2007–2026) 2007 – 🇮🇳 India 2009 – 🇵🇰 Pakistan 2010 – 🏴 England 2012 – 🇼🇸 West Indies 2014 – 🇱🇰 Sri Lanka 2016 – 🇼🇸 West Indies 2021 – 🇦🇺 Australia 2022 – 🏴 England 2024 – 🇮🇳 India 2026 – 🇮🇳 India
Read More article like this on sharepricenews.com
