Analysis Beyond Consensus - FCCB redemption turns on the heat ::Edelweiss, PDF link

Our analysis of BSE 500 companies indicates an outflow of USD4.4bn on account of FCCB redemption during FY13. Stagnant equity markets, higher conversion price, embedded redemption premium and 36% INR depreciation during the past five years have diminished the likelihood of conversion. Realisation of forex losses and redemption premium are likely to result in borrowing cost on FCCBs at par with domestic debt.

Derivatives Report - 22.06.2012- Angel Broking PDF link

Derivatives Report

Market Summary - 22.06.2012- Angel Broking PDF link

Market Summary

Technical Report - 22.06.2012- Angel Broking PDF link

Technical Report

Market Outlook - 22.06.2012- Angel Broking PDF link

Market Outlook

Derivatives Info Kit [For June 22, 2012] Sharekhan PDF link

Derivatives Info Kit [For June 22, 2012] Sharekhan www.sharekhan.com

Summary of Contents     DERIVATIVES INFO KIT

---

Click here to read report: Derivatives Info Kit

FII & DII trading activity across NSE and BSE 22-06-2012

Category	Buy	Sell	Net
	Value	Value	Value
FII	1310.71	1484.93	-174.22
DII	884.49	885.76	-1.27

 

 

-- 

FII DERIVATIVES STATISTICS FOR 22-Jun-2012

FII DERIVATIVES STATISTICS FOR 22-Jun-2012
	BUY		SELL		OPEN INTEREST AT THE END OF THE DAY
	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores	No. of contracts	Amt in Crores
INDEX FUTURES	86560	2188.85	81379	2038.54	536905	13449.51	150.31
INDEX OPTIONS	674497	17128.29	639912	16278.30	1922985	49459.68	849.98
STOCK FUTURES	112785	2806.66	122243	3150.09	983596	24378.57	-343.42
STOCK OPTIONS	59184	1549.78	58641	1543.55	55861	1468.69	6.23
						Total	663.10

 

-- 

BSE, Bulk deals, 22/6/2012

Deal Date	Scrip Code	Company	Client Name	Deal Type *	Quantity	Price **
22/6/2012	524412	Aarey Drugs	VISIONSTAR	B	90000	28.76
22/6/2012	511589	Almondz Cap	MANOJ ARORA	B	75000	7.95
22/6/2012	511589	Almondz Cap	SWIFT BUILDWELL PRIVATE LIMITE	S	75000	7.95
22/6/2012	533163	Arss Infra Proj	IFCI LTD.	S	123741	39.29
22/6/2012	512608	Bhandari Hos	RAJENDRA RAMLAL SAINI	B	79496	40.74
22/6/2012	531358	Choice Intl	MANASVI CONSULTANCY PRIVATE	B	55216	36.75
22/6/2012	531648	Croitre Inds	RAKESH DUA	B	32800	76.54
22/6/2012	531820	Finalysis Cred	DHARMENDRA HARILAL BHOJAK	B	38550	64.23
22/6/2012	531820	Finalysis Cred	DHARMENDRA HARILAL BHOJAK	B	38700	64.47
22/6/2012	531820	Finalysis Cred	KALPANA MUKESH RUIA	S	40000	64.31
22/6/2012	514394	Gee El Woollens	ZARF TRADING AND MARKETING PRIVATE LIMITED	B	67795	32.81
22/6/2012	514394	Gee El Woollens	KANTILAL MITHALAL MEHTA HUF	S	34600	33.00
22/6/2012	526598	Gujarat Narm Fly	PUNAIBEN MANILAL GADA	S	46500	46.90
22/6/2012	523844	Invicta Meditek	KRUPA SANJAY SONI	B	37500	26.50
22/6/2012	523844	Invicta Meditek	VIPUL VIRENDRAKUMAR PATEL	B	65000	26.30
22/6/2012	523844	Invicta Meditek	ROHITJI GANDAJI PARMAR	S	27500	26.30
22/6/2012	530039	Lords Chemicals	MAJESTIC SALES PROMOTION PVT LTD	S	43169	26.93
22/6/2012	530347	Magnum	PAVAKI VANIJYA PRIVATE LIMITED	B	900000	4.28
22/6/2012	530347	Magnum	SURESH K THAKKAR	B	40000	4.29
22/6/2012	530347	Magnum	SHAILESH BHANDARI	S	487200	4.28
22/6/2012	530347	Magnum	MUKESH BHANWARLAL BHANDARI	S	503500	4.29
22/6/2012	590117	Mahaveer Infoway-$	JAGMOHAN S SHAH	B	34321	13.37
22/6/2012	590117	Mahaveer Infoway-$	JAGMOHAN S SHAH	S	34321	13.34
22/6/2012	506041	Mahesh Agri	RAHUL ANANTRAI MEHTA	B	7000	11.24
22/6/2012	506041	Mahesh Agri	PRAGATI SHARES & STOCK SERVICES PRO.NARESH NAGINDAS SHAH	S	8000	11.24
22/6/2012	534422	Monarch Health	DAHYABHAI NARAYANDAS PATEL	B	60000	40.15
22/6/2012	530971	Nimbus Inds	RAJESH MOHANBHAI PATEL	S	43000	11.64
22/6/2012	505525	Parichay Invest	ROHITJI GANDAJI PARMAR	B	14300	183.91
22/6/2012	505525	Parichay Invest	SUNILBHAI VINUBHAI DANTANI	B	6750	184.00
22/6/2012	505525	Parichay Invest	RAJAJI GANDAJI PARMAR	B	7900	183.95
22/6/2012	505525	Parichay Invest	VIPUL VIRENDRAKUMAR PATEL	B	9347	184.61
22/6/2012	505525	Parichay Invest	SUNILBHAI VINUBHAI DANTANI	B	9350	184.00
22/6/2012	505525	Parichay Invest	SANJEEV BURMAN JHAVERI	B	10000	184.00
22/6/2012	505525	Parichay Invest	PATEL DIPAL VIRENDRAKUMAR	S	15566	184.00
22/6/2012	505525	Parichay Invest	PATEL VIRENDRAKUMAR J	S	16410	184.24
22/6/2012	505525	Parichay Invest	PARESH RAMJIBHAI CHAUHAN	S	7600	183.81
22/6/2012	505525	Parichay Invest	ASHLESH GUNVANTBHAI SHAH	S	28981	184.15
22/6/2012	531467	Polypro Fibrils	HARRODS TRADING PRIVATE LIMITED	B	81000	12.44
22/6/2012	531467	Polypro Fibrils	SUR-MANGAL HOLDING PVT. LTD	S	50000	12.45
22/6/2012	531207	Raymed Labs	SORUS POWER PVT LTD	B	60000	24.45
22/6/2012	531207	Raymed Labs	VINOD KUMAR AGRAWAL	S	60000	24.45
22/6/2012	513558	Real Strips-$	SHAH MAYURKUMAR DHIRAJLAL	B	38091	143.26
22/6/2012	513558	Real Strips-$	SHAH MAYURKUMAR DHIRAJLAL	S	32303	143.61
22/6/2012	531781	Sapan Chem	JESNAR	B	75000	3.10
22/6/2012	531781	Sapan Chem	ASHOKKUMAR KISHANLAL RANKA	S	74404	3.10
22/6/2012	531886	SCOPE IND	SRIHARICHARAN DAMARAJU	B	74000	13.50
22/6/2012	531886	SCOPE IND	SRIHARI DAMARAJU	S	74000	13.50
22/6/2012	511754	Shalibhadra Fin	SANJAY BABULAL PANDYA	B	31650	58.42
22/6/2012	511754	Shalibhadra Fin	DAVE RAKIN SHIVPRASAD	S	26000	58.39
22/6/2012	531695	SHREYCHEM	MAMTABEN SEVARAM TIRATHWANI	B	44864	57.83
22/6/2012	530867	Suryanagri Fin	PRABHU HALADKAR	B	40000	24.65
22/6/2012	530867	Suryanagri Fin	LAHOTI INDIA LIMITED	S	40000	24.65
22/6/2012	533121	THINKSOFT	CROSSEAS CAPITAL SERVICES PRIVATE LIMITED	B	92450	69.94
22/6/2012	533121	THINKSOFT	CROSSEAS CAPITAL SERVICES PRIVATE LIMITED	S	92450	70.00
22/6/2012	590111	VAISHNAVI	SAI NITHISHA PARVATHANENI	B	139123	5.06
* B - Buy, S - Sell
** = Weighted Average Trade Price / Trade Price

NSE, Bulk deals, 22-Jul-2012

Date	Symbol	Security Name	Client Name	Buy / Sell	Quantity Traded	Trade Price / Wght. Avg. Price	Remarks
22-Jun-2012	ARSSINFRA	ARSS Infra Proj. Ltd	IFCI LTD.	SELL	2,43,313	39.42	-
22-Jun-2012	HDIL	Housing Development and I	GENUINE STOCK BROKERS PVT LTD	BUY	55,32,820	79.74	-
22-Jun-2012	HDIL	Housing Development and I	GENUINE STOCK BROKERS PVT LTD	SELL	55,32,820	79.77	-
22-Jun-2012	KALINDEE	Kalindee Rail Nirman (Eng	MARUBHUMI DEALER PVT LTD	SELL	1,03,618	66.96	-
22-Jun-2012	KALINDEE	Kalindee Rail Nirman (Eng	PRANIDHI COMMERCE PVT LTD	BUY	14,194	72.03	-
22-Jun-2012	KALINDEE	Kalindee Rail Nirman (Eng	PRANIDHI COMMERCE PVT LTD	SELL	1,71,531	69.05	-
22-Jun-2012	M&MFIN	Mahindra & Mahindra Finan	J P MORGAN SECURITIES LTD AC COPTHALL MAURITIUS INVESTMENT	SELL	8,63,278	630.08	-
22-Jun-2012	THINKSOFT	Thinksoft Global Ser Ltd	CROSSEAS CAPITAL SERVICES PVT. LTD.	BUY	91,888	69.87	-
22-Jun-2012	THINKSOFT	Thinksoft Global Ser Ltd	CROSSEAS CAPITAL SERVICES PVT. LTD.	SELL	91,888	69.91	-

HDFC Bank - Story intact; marginal change seen in retail asset quality; visit note; Hold ::Edelweiss, PDF link

HDFC Bank (HDFCB IN, INR 534, Hold)

We present key takeaways from our interaction with HDFC Bank management along with our read across from FY12 annual report. While the bank’s overall asset quality is robust, cheque bounce rate (retail) has risen marginally; however, it is not material enough to raise flags. Its expansion strategy is to delve deeper into interiors, also reflected in the geographical distribution of branches. Further, acquisition of retail liability continues to be healthy with competition from small private banks not making a dent with their 6-7% SA rates. The bank is likely to maintain steady growth and NIMs along with comfortable asset quality.

Pharmaceuticals - Domestic Pharma Monthly Review; ::Edelweiss, PDF link

The domestic pharma market continues to track strong growth trajectory with 16% growth in May 2012. Growth break-up over the past twelve months indicates volume growth of 8.6%, new products growth of 4% and price growth of 3.6% (versus earlier average 1-2% for the industry). Price contribution to growth for acute therapies has moved up to 4-6% versus 2-3% earlier. We highlight that with pricing policy on the horizon, companies have been taking price increases in acute segments which have a rub off effect on growth in the industry. Among frontline players, acute focused companies such as Pfizer, Glaxo, Glenmark and IPCA  outperformed industry.