Transcription
Good morning Janvi. Tell me, how important is Tuesday in terms of news and triggers? It could be a very important day today. If we look, many significant triggers have come. Many big business updates have come. If we start, RCF will consider raising funds at its board meeting. Through FPO, Follow-on Public Offer. So, keep an eye on this. Bajaj Auto's buyback is closing today. The company had announced the buyback at a price of 12,000. So, keep an eye on this. JSW Steel and Sun Pharma have their ex-date for final dividend today, so keep an eye on this. Globally, minutes from the Bank of England's MPC will be released. In business updates, Titan has seen business updates, and the update looks good. In the domestic business, there has been 37% growth. The jewelry business has shown growth of 39%. Watches have also seen growth of up to 23%. International business has grown by 128%. In Q1, the company opened 77 new stores. The total number of stores has reached 3680. Meanwhile, Trent has seen somewhat mixed updates. Standalone revenue has increased by 19% to reach around 5500 crore. In the quarter, the company added 19 Westside stores. Due to this, the total store count has reached around 1312 stores. So, there have been somewhat mixed updates here. Jubilant FoodWorks' consolidated revenue has increased by 14% to reach around 2569 crore. Meanwhile, Domino's India's like-for-like (LFL) growth has been 2.5%. However, Domino's Eurasia's like-for-like growth has come in negative, around -1.3% this time. In the quarter, the entire company opened 76 new stores.
Coming to the news, Cochin Shipyard will need to be focused on because, regarding the ZeeB news, it seems to have been confirmed. The government will sell a 5.04% stake through OFS. The floor price has been set at ₹1400, including the greenshoe option. This floor price has currently been set at a 6.96% discount. The OFS will open for non-retail investors today and for retail investors tomorrow.
Varun Beverages has a big update from the company. The company has entered Kenya. Its subsidiary has entered into a business transfer agreement with Devyani Food Industries. They are entering into an agreement to acquire their beverage business, which includes many juices and dairy products. The company will acquire this for approximately ₹305 crore. This acquisition is expected to be completed by August 1st. So, this is a very big update from the company.
Meanwhile, Blue Jet Healthcare's QIP opened yesterday. The QIP floor price is at about a 5.4% discount to the closing price. The board had already approved raising ₹1000 crore through QIP on May 25th.
Waterways Leisure Tourism will consider a share split at its board meeting on July 10th. Zen Technologies will also need to be focused on because they have released an update through their subsidiary, Vector Technics, stating that Vector Technics has become India's first fully integrated drone propulsion manufacturing company. The company is fully backward integrated, which is proving very beneficial. The annual manufacturing capacity has also increased to around 3 lakh units.
And finally, Apollo Micro Systems will need to be watched because, at its board meeting yesterday, the company approved raising approximately ₹322 crore. The company will raise funds through preferential issue and warrants.
Thank you very much, Janvi, for all these major updates.