{"id":29238,"date":"2023-04-18T08:36:27","date_gmt":"2023-04-18T03:06:27","guid":{"rendered":"https:\/\/flattrade.in\/kosh\/?p=29238"},"modified":"2023-04-18T08:47:37","modified_gmt":"2023-04-18T03:17:37","slug":"pre-market-report-dalal-street-likely-to-open-negative-jubilant-foodworks-just-dial-tv18-broadcast-in-focus","status":"publish","type":"post","link":"https:\/\/flattrade.in\/kosh\/pre-market-report-dalal-street-likely-to-open-negative-jubilant-foodworks-just-dial-tv18-broadcast-in-focus\/","title":{"rendered":"Pre Market Report: Dalal Street likely to open negative; Jubilant FoodWorks, Just dial, TV18 Broadcast in focus"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"29238\" class=\"elementor elementor-29238\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7091f953 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7091f953\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-20b0f71f\" data-id=\"20b0f71f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-219f3392 elementor-widget elementor-widget-heading\" data-id=\"219f3392\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Market Opening - An Overview<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-6bf5f2a2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"6bf5f2a2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6041ff4\" data-id=\"6041ff4\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d83f327 elementor-widget elementor-widget-text-editor\" data-id=\"6d83f327\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Nifty futures on the Singapore Exchange were trading 0.18% lower at 17,732, hinting at a negative start for Dalal Street on Tuesday.<\/p><p>Most Asian shares were trading higher as encouraging data from China showed signs of economic recovery. The Nikkei 225 index rose 0.56% and the Topix advanced 0.75%. The Hang Seng fell 0.73% and the CSI 300 index gained 0.14%.<\/p><p>Indian rupee fell 12 paise to 81.97 against the US dollar on Monday.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-192cbea6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"192cbea6\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d3634ca\" data-id=\"d3634ca\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-741943ce elementor-widget elementor-widget-heading\" data-id=\"741943ce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>FII\/DII Trading Data<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-c01d8c3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"c01d8c3\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-befba51\" data-id=\"befba51\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-73edc64 elementor-widget elementor-widget-image\" data-id=\"73edc64\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/04\/FII-MARKET-1-1024x1024.png\" class=\"attachment-large size-large wp-image-29244\" alt=\"\" srcset=\"https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/04\/FII-MARKET-1-1024x1024.png 1024w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/04\/FII-MARKET-1-300x300.png 300w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/04\/FII-MARKET-1-150x150.png 150w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/04\/FII-MARKET-1-768x768.png 768w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/04\/FII-MARKET-1-450x450.png 450w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/04\/FII-MARKET-1-780x780.png 780w, https:\/\/flattrade.in\/kosh\/wp-content\/uploads\/2023\/04\/FII-MARKET-1.png 1201w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4fdfa531 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4fdfa531\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-3ce97475\" data-id=\"3ce97475\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-21d74697 elementor-widget elementor-widget-heading\" data-id=\"21d74697\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Upcoming Results<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4c7b4892 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4c7b4892\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fb1e4ff\" data-id=\"fb1e4ff\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5105448f elementor-widget elementor-widget-text-editor\" data-id=\"5105448f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>ICICI Lombard, Tata Coffee, CRISIL, Accelya, Oriental Rail Infrastructure, Schaeffler India, SEACOAST Shipping Services, Shyamkamal Investments, and Vivanta Industries wll report their earnings on April 18.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7396f819 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7396f819\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5c7817f6\" data-id=\"5c7817f6\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-11d52c53 elementor-widget elementor-widget-heading\" data-id=\"11d52c53\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><br>Stocks in News Today<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-700964fb elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"700964fb\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-61990b74\" data-id=\"61990b74\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5508cc48 elementor-widget elementor-widget-text-editor\" data-id=\"5508cc48\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>Jubilant FoodWorks<\/strong>: Coca-Cola India has acquired 15 percent equity stake in Hashtag Loyalty, the associate company of Jubilant Foodworks, for Rs 104.68 crore. Hashtag Loyalty has entered into a Securities Subscription Agreement with Coca-Cola India. Subsequently, Jubilant&#8217;s stake in Hashtag has reduced from 35% to 29.75%.<\/p>\n<p><strong>Just Dial:<\/strong> The company&#8217;s consolidated revenue was up 5% QoQ at Rs 232.5 crore and consolidated net profit rose 11% QoQ to Rs 83.6 crore in Q4FY23. Ebitda rose by 36% QoQ to Rs 33.2 crore in the reported quarter. Ebitda margin stood at 14.2% in Q4FY23 compared with 11% in the prior quarter.<\/p>\n<p><strong>TV18 Broadcast<\/strong>: The media company said its consolidated revenue fell 6.03% YoY to Rs 1,405.90 crore in Q4FY23. Ebitda down was down 69.62% to Rs 77.16 crore in Q4FY23. Ebitda margin was at 5.48% in Q4FY23 compared with 16.97% in the year-ago period. Net Profit was down 75.49% to Rs 35.19 crore in the reported quarter.<\/p>\n<p><strong>Samvardhana Motherson International<\/strong>: The company&#8217;s board has approved the acquisition of additional 30% stake in Youngshin Motherson Auto Tech (YMAT) from Youngshin Components Co Ltd, Korea. With this transaction, the company will hold 80% of equity share capital of YMAT and accordingly YMAT will become subsidiary of the company.<\/p>\n<p><strong>Network18 Media Investments<\/strong>: The company&#8217;s revenue fell 8.5% YoY to Rs 1,484 crore in Q4FY23. Ebitda fell 78.5% YoY to Rs 57.19 crore in Q4FY23. Ebitda margin stood at 3.85% in Q4FY23 as against 16.4% in the year-ago period. It reported a net loss of Rs 36.78 crore in the reported quarter as against a net profit of Rs 61.85 crore in the year-ago period.<\/p>\n<p><strong>Angel One<\/strong>: The brokerage services firm said its consolidated revenue rose 21.29% YoY to Rs 825.74 crore in Q4FY23 and net profit jumped 30.4% YoY to&nbsp; Rs 266.91 crore in Q4FY23. Ebitda climbed 29.89% YoY to Rs 384.97 crore in the reported quarter. Ebitda margin stood at 46.62% in the reported quarter as against 43.53% in the eyar-ago period. The board approved final dividend of Rs 4 per share for the 2023 fiscal.<\/p>\n<p><strong>Hathway Cable and Datacom:<\/strong> The company&#8217;s consolidated revenues was up 2.41% YoY to Rs 459.59 crore in Q4FY23. It reported a net loss of Rs 14.62 crore in Q4FY23 as against a net profit of Rs 28.35 crore in the year-ago period. Ebitda fell 31.86% to Rs 63.1 crore in Q4FY23. Ebitda margins came in at 13.73% in Q4FY23 as against 20.64% in the year-ago period. The board appointed Tavinderjit Singh Panesar as CEO of the company, effective April 18, 2023.<\/p>\n<p><strong>3i Infotech<\/strong>: The company has received a Letter of Acceptance from Indian Oil Corporation, for managed services contract. This is a part of contract renewal in the new financial year. The total contract value is Rs 16.29 crore for a period of 3 years.<\/p>\n<p><strong>Quick Heal Technologies<\/strong>: The company announced that Navin Sharma has resigned as the Chief Financial Officer, effective from April 18. The board has also approved the appointment of Ankit Maheshwari as Chief Financial Officer of the company with effect from April 26.<\/p>\n<p><strong>Kolte-Patil Developers<\/strong>: The board of directors of the company has given approval for the allotment of 20,650 non-convertible debentures to Marubeni Corporation, Japan for Rs 206.50 crore. The funds raised from this issuance will be utilised towards general corporate purposes of the company.<\/p>\n<p><strong>Bank of Maharashtra<\/strong>: The bank hiked lending rates for tenors across the board by 10 basis points, with effect from April 15, 2023.<\/p>\n<p><strong>Subex<\/strong>: Vinod Kumar Padmanabhan has requested an early retirement from the office of managing director and chief executive officer. He will step down from the post at close of business hours on May 1, 2023. Nisha Dutta will occupy the position of chief executive officer for one year, effective May 2, 2023.<\/p>\n<p><strong>IIFL Finance<\/strong>: The company will consider a proposal to raise funds via non-convertible debentures through private placement, as well as the financial results for three months and year ended March 2023.<\/p>\n<p><strong>lndo Rama Synthetics (India)<\/strong>: The company said that its operation have been partially affected due to temporary stoppage of production, in view of a strike announced by one of the Contract Labour Union.<\/p>\n<p><strong>Avalon Technologies<\/strong>: The electronic manufacturing services company will make its debut on the bourses on April 18. The issue price has been fixed at Rs 436 per share.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-49088390 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"49088390\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-65b32389\" data-id=\"65b32389\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3042e0fb elementor-align-center elementor-widget elementor-widget-button\" data-id=\"3042e0fb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/ekyc.flattrade.in\/openaccount\/?utm_source=Blog&#038;utm_medium=organic&#038;utm_campaign=Demat+Account\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Open a Free Demat Account<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"Market Opening &#8211; An Overview Nifty futures on the Singapore Exchange were trading 0.18% lower at 17,732, hinting&hellip;","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"csco_display_header_overlay":false,"csco_singular_sidebar":"","csco_page_header_type":"","csco_page_load_nextpost":"","csco_post_video_location":[],"csco_post_video_location_hash":"","csco_post_video_url":"","csco_post_video_bg_start_time":0,"csco_post_video_bg_end_time":0,"csco_post_video_bg_volume":false,"footnotes":""},"categories":[42],"tags":[46,43,95,78,139,48,26,692,144,693,77,47,24,23,84,21],"class_list":{"0":"post-29238","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-morninger","7":"tag-market-news","8":"tag-market-update","9":"tag-markets","10":"tag-nifty","11":"tag-nifty-futures","12":"tag-nifty-today","13":"tag-nse","14":"tag-opening-bell","15":"tag-options","16":"tag-pre-market","17":"tag-sensex","18":"tag-sensex-today","19":"tag-share-market","20":"tag-stock-market","21":"tag-stocks","22":"tag-trading-account","23":"cs-entry","24":"cs-video-wrap"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Pre Market Report: Dalal Street likely to open negative; 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