Housing and Urban Development Corporation Limited.
Issue of Tax Free Secured Redeemable Bonds : 9th January - 22nd January 2013 | ||||
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Earn up to 8.01% p.a.*
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Issue Highlights:
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17 January 2013
Last 4 days! Earn up to 8.01% p.a. with HUDCO Tax Free Bonds
FII & DII trading activity on NSE and BSE 17-01-2013
| Category | Buy | Sell | Net | |
| Value | Value | Value | ||
| FII | 3604.1 | 3039.9 | 564.2 | |
| DII | 1423.52 | 1943.3 | -519.78 | |
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FII DERIVATIVES STATISTICS FOR 17-Jan-2013
| FII DERIVATIVES STATISTICS FOR 17-Jan-2013 | |||||||
| 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 | 43398 | 1305.73 | 40860 | 1229.64 | 239653 | 7225.77 | 76.09 |
| INDEX OPTIONS | 520207 | 15720.17 | 531151 | 16045.82 | 1706619 | 51724.91 | -325.65 |
| STOCK FUTURES | 64993 | 2106.33 | 52239 | 1730.36 | 1018884 | 33423.49 | 375.97 |
| STOCK OPTIONS | 73959 | 2215.25 | 76423 | 2281.25 | 137167 | 4340.38 | -66.00 |
| Total | 60.40 | ||||||
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South Indian Bank - Q3FY13 Result Update - Centrum
Q3FY13 Result Update
South Indian Bank
Buy
Target Price: Rs31
CMP: Rs28
Upside: 10%
Well rounded performance
SIB’s earnings performance for Q3FY13 was well rounded with PPP surprising positively though bottomline was in line. Absence of interest reversal and benefit of capital raising led to NIM expansion. Asset quality improved as 1) slippage rate came off to 0.75% 2) %GNPA improved by 10bps and 3) restructured assets were largely stable at 4.6% of loans. We maintain Buy rating and tweak our price target upwards to Rs31 (1.3x FY14E ABVPS).
HCL Tech Q2 FY2013 (December Quarter) Results - Microsec
HCL Technologies Ltd announced its Consolidated Q2 FY2013, December ending quarter, results on 17 January 2013. While the company’s top line came in line with Bloomberg consensus estimates, its bottom line beat street estimates. A glimpse of the results is as follows:
While HCL reported 3.0% sequential increase in revenues to `6,273.8 Crores, its net profits jumped 9.0% q-o-q to `964.7 Crores in Q2 FY2013. The company’s revenues growth was backed by strong volume growth of 3.0%, which came higher than its larger peer TCS. However, the expansion in business volumes lagged the growth reported by INFY. Nevertheless, HCL reported notable increase in both EBIDTA and PAT margins. The company’s EBIDTA margins improved 40 basis points (bps) sequentially to 22.6% whereas its PAT margins expanded 85 bps q-o-q to 15.4% during the quarter. Furthermore, HCL announced a dividend of `2 per share for the quarter.
With improved margins quarters over quarters, HCL may narrow down its valuation gap with the larger peers TCS and INFY. The company is currently trading at ~10.5x of its FY2013E EPS, which looks inexpensive compared with its peers. We advise to accumulate the stock at current juncture.
Regards,
Team Microsec Research
Angel Broking - Axis Bank; Electrosteel Castings - Result Updates
Forwarding you the Multiple Scrip’s Result Updates. Kindly click on the following links to view the report.
Hudco tax free bond- 1.03x subscribe @ 17 Jan
| HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED | ||||
|---|---|---|---|---|
| Sr. No | Category | No.of Bonds/NCDs offered/ reserved | No. of Bonds bid for | No of times subscribed |
| 1 | Category I | 18,75,000 | 21,00,540 | 1.12 |
| 1(a) | Public Financial Institutions | 0 | ||
| 1(b) | Scheduled Commercial Banks | 17,00,540 | ||
| 1(c) | Provident Funds with minimum corpus of Rs.25 crores | 0 | ||
| 1(d) | Pension Funds with minimum corpus of Rs.25 crores | 0 | ||
| 1(e) | Insurance Companies registered with the IRDA | 4,00,000 | ||
| 1(f) | National Investment Fund | 0 | ||
| 1(g) | Mutual Funds registered with SEBI | 0 | ||
| 1(h) | Alternative Investment Funds | 0 | ||
| 1(i) | State Industrial Development Corporations | 0 | ||
| 1(j) | Insurance Funds set up and managed by army/navy or air force of the Union of India | 0 | ||
| 1(k) | Insurance Funds set up and managed by the Department of Posts | 0 | ||
| 1(l) | Foreign Institutional Investor | 0 | ||
| 1(m) | FII Sub Account Corporate/Individual | 0 | ||
| 1(n) | Others | 0 | ||
| 2 | Category II | 11,25,000 | 3,21,425 | 0.29 |
| 2(a) | Companies and Bodies Corporate authorised to invest in the Bonds | 3,21,425 | ||
| 3 | Category III | 15,00,000 | 12,27,913 | 0.82 |
| 3(a) | Resident Indian individuals more than Rs.10 lacs | 10,84,613 | ||
| 3(b) | Hindu Undivided Families more than Rs.10 lacs | 33,700 | ||
| 3(c) | NRI (Repatriation Basis) more than Rs.10 lacs | 15,300 | ||
| 3(d) | NRI (Non - Repatriation Basis) more than Rs.10 lacs | 94,300 | ||
| 4 | Category IV | 30,00,000 | 40,78,452 | 1.36 |
| 4(a) | Resident Indian individuals upto Rs.10 lacs | 38,08,001 | ||
| 4(b) | Hindu Undivided Families upto Rs.10 lacs | 1,83,202 | ||
| 4(c) | NRI (Repatriation Basis) upto Rs.10 lacs | 52,552 | ||
| 4(d) | NRI (Non - Repatriation Basis) upto Rs.10 lacs | 34,697 | ||
| Total | 75,00,000 | 77,28,330 | 1.03 | |
| Updated as on 17 Jan 2013 at 1700 hrs | ||||
IRFC tax free bond- all details
| Indian Railway Finance Corporation Limited | |
|---|---|
| Symbol | IRFCT13 |
| Series | S1- [7.18% - 10 years*] {*Additional Interest of 0.50% p.a. for category IV for the Tranche-I} |
| S2- [7.34% - 15 years*] {*Additional Interest of 0.50% p.a. for category IV for the Tranche-I} | |
| Issue Period | 21-Jan-2013 to 29-Jan-2013 |
| Post issue Modification Period | 30-Jan-2013 |
| Issue Size | Rs 1000 crore with an option to retain oversubscription up to the Shelf Limit (i.e. Rs 8896.40 crore) |
| Security Type | Tax Free Secured Redeemable Non Convertible Bonds |
| Price | Rs 1000 |
| Face Value | Rs 1000 |
| Market Lot | 1 NCD |
| Minimum Application Value | 5 NCDs (Rs. 5,000) either taken individually or collectively |
| IPO Grading | CRISILAAA/Stable by CRISIL ; [ICRA] AAA by ICRA ; CARE AAA by CARE |
| Rating Agency | CRISIL Limited , ICRA Limited and Credit Analysis and Research Limited |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
| Lead Managers | SBI Capital Markets Limited, A.K. Capital Services Limited, ICICI Securities Limited, Enam Securities Private Limited and Kotak Mahindra Capital Company Limited. |
| Broker/Consortium List | Click Here |
| Special Instruction | Please note that Trading Member(s) of the Exchange who are not empanelled as Syndicate /Sub-syndicate are also eligible to participate in the bidding process |
| No. of Cities with Bidding Centers | 123 |
| Name of the registrar | Karvy Computershare Private Limited |
| Address of the registrar | Plot No. 17 to 24, Vittal Rao Nagar, Madhapur, Hyderabad ? 500 081 |
| Contact person name number and Email id | Mr. M. Murali Krishna Toll Free No.1-800-3454001; Tel: +91 40 4465 5000, irfc.bonds@karvy.com |
| Prospectus | Click Here |
| Application Forms | Click Here |
| ASBA e-form link | e-Forms |
| Branches of Self Certified Syndicate Banks (SCSBs) where syndicate / sub syndicate member to submit ASBA form | Click Here |
| List of Escrow Banks branches where the Application Form shall be deposited by the Trading Members | Click Here |
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