1. Corporate Newsletter
31st December 2013
SWASTIKA INTELLIGENCE GROUP
MARKET SNAPSHOT
INDIAN MARKETS
INDICES
SENSEX
NIFTY-50
Current Val.
21170.68
6304.00
Points
+27.67
+12.90
% Change
+0.13
+0.21
High
21230.88
6317.30
Low
21122.68
6287.30
Prev. Close
21143.01
6291.10
Sector
NSE SECTORAL INDICES
Current Value % Change
ENERGY
PSU BANK
INFRA
PSE
MEDIA
REALTY
IT
PHARMA
AUTO
BANK NIFTY
FMCG
METAL
7,961.20
2,555.35
2,477.35
2,642.55
1,794.50
184.60
9,517.85
7,634.95
5,285.00
11,385.25
17,024.10
2,486.60
+0.65
+0.53
+0.48
+0.44
+0.33
+0.24
+0.19
+0.18
+0.12
+0.08
+0.02
-0.20
EUROPEAN MARKETS UPDATE AT 4:30 PM
INDICES
Last Closed
Change
FTSE
6,756.02
+24.75
CAC
4,289.18
+13.47
DAX(30 Dec)
9,552.16
-37.23
Nifty Top Gainers
Symbol
LTP
IDFC
JPASSOCIAT
TATAPOWER
ULTRACEMCO
HCLTECH
Prev. Close
109.85
54.45
91.10
1,766.00
1,265.70
104.90
52.80
88.85
1,739.20
1,246.70
% Change
+4.72
+3.13
+2.53
+1.54
+1.52
Nifty Top Losers
Symbol
LTP
BHEL
MARUTI
JINDALSTEL
M&M
TATASTEEL
Prev. Close
% Change
176.20
1,762.00
260.90
942.05
423.05
179.4
1,777.20
263.05
948.4
425.55
-1.78
-0.86
-0.82
-0.67
-0.59
CURRENCY UPDATE (RBI Reference Rate)
ADVANCES DECLINES UNCHANGED
NSE
563
385
42
/$
/£
/€
/100 ¥
30th Dec
62.0028
102.1682
85.1855
58.8600
31st Dec
61.8970
102.0094
85.3635
58.9700
Swastika Intelligence Group,
1st Floor, Bandukwala Building, British Hotel Lane, Fort Mumbai

2. Corporate Newsletter
31st December 2013
SWASTIKA INTELLIGENCE GROUP
NEWS UPDATES
Royal Dutch Shell Plc and India's Oil and Natural Gas Corp (ONGC) purchased the remaining 35% of a Brazilian
offshore oil block from their partner, Brazil's state-run Petroleo Brasileiro SA, Petrobras had originally agreed to
sell its 35% stake to China's Sinochem for $1.56 billion. Shell and ONGC, though, exercised their right of first
refusal. ONGC agreed to $529 million for the 12% stake in October, valuing the entire sale about the same as the
amount Sinochem agreed to pay.
US-based Cooper Tire decided to terminate USD 2.5 billion merger agreement with Apollo Tyre , The company had
made exhaustive efforts to find a sensible way forward. Apollo, which would have become the world's seventhbiggest tire maker after the merger, wanted to pay less than the USD 35 per share agreed in June because of
demands by unions at Cooper plants and disruptions at Cooper's venture in China. Under the terms of the merger,
Apollo could walk away from the deal on December 31.
Capital markets regulator Sebi has slapped a Rs 4.50 lakh penalty on Akriti Realtech for alleged non-compliance
with disclosure norms with respect to purchase of SRS Real Infrastructure shares. Akriti Realtech (now known as
Akriti Global Traders) had hiked its stakes in SRS Real Infrastructure by over 5%. However, the entity had failed
to make requisite disclosures to the relevant stock exchanges within the time limit as prescribed under the norms.
Krishna Bhagya Jal Nigama Ltd (KBJNL), division of water resources department of Karnataka, has selected Jain
Irrigation for 'Ramthal-Marol Integrated Irrigation Project' via the bidding process, It is one of the country’s
largest irrigation projects worth Rs 386 crore in Karnataka. The Ramthal-Marol Integrated Micro Irrigation
project is intended to save 50% of water use. It involves survey, planning, design, supply and execution of
distribution system using HDPE / PVC piping network.
Piramal had acquired the stake from Vodafone’s erstwhile partner, Essar, at a cost of Rs 5,900 crore. The sale nets
an internal rate of return of nearly 22 percent. the sale amount of nearly Rs 9,000 crore is only slightly less than
Piramal Enterprises ’ total market capitalization of about Rs 9,600 crore.
Glenmark Pharmaceuticals has been slapped with a patent infringement case by US-based Cephalon Inc over
plans to sell generic version of leukaemia treatment drug Treanda in the American market. The complaint has
been filed against Glenmark trying to commercialise the product before the expiry of patent which is a generic
version of Treanda.
Reliance will be allowed to double the gas price it currently enjoys if it produces bank guaranteeof $1.2 billion
(around Rs 7,500 crore). The bank guarantee will be encashed if it is proved that the company hoarded gas or
deliberately suppressed production at the D1 and D3 fields of the KG-D6 block. The amount is equivalent to the
incremental revenue that Reliance will get from the new gas price. Cabinet Committee on Economic Affairs (CCEA)
wants to give the impression that this is a fair deal and that the government is insuring itself with the bank
guarantee.
Swastika Intelligence Group,
1st Floor, Bandukwala Building, British Hotel Lane, Fort Mumbai

3. Corporate Newsletter
31st December 2013
SWASTIKA INTELLIGENCE GROUP
Disclaimer: This document is solely for the personal information of the intended recipient and must not be exceptionally used as the basis for any investment
decision. Nothing in this document should be construed as investment, Legal, taxation or financial advice. Swastika Investma rt Ltd. is not soliciting any action based
upon it. Each recipient of this document should make necessary investigations as they consider important to arrive at an independent evaluation of an investment in
the securities of the companies referred to in this document (including the merits and risks involved). This report has been made based on information that we
consider reliable and are publicly available but we do not state that it is accurate or complete and it should not be solely relied upon such, as this document is for.
Swastika Investmart Limited, its affiliates, directors, its proprietary trading and investment businesses may, from time to time, make investment decisions that are
inconsistent with or contradictory to the recommendations expressed herein. The views contained in this document are those of the analyst, and the company may
or may not subscribe to all the views expressed within this document.
Swastika Investmart Limited or any of its affiliates/ group companies, or employees shall not be in any way held responsible for any loss or damage that may arise to
any person from any inadvertent error in the information contained in this report.
Swastika Investmart Limited has not independently verified the information contained in this document. Accordingly, we cannot testify, nor make any
representation or warranty, express or implied, to the accuracy, contents or data contained within this document. This document is being suppli ed to you solely for
your information, and its contents, information or data may not be reproduced, redistributed or passed on, directly or indirectly.
Report Prepared by
Saloni Gupta
RESEARCH TEAM
Santosh Sahu
Santosh Meena
Amit Khare
Vishnu shreekar
Sonakshi Bahety
Designation
Research Associate
SWASTIKA INTELLIGENCE GROUP
Research Head
Derivatives & Technical Analyst
Commodity Analyst
Commodity Analyst
Research Associate
E-mail ID
salony.gupta@swastika.co.in
research@swastika.co.in
santosh.sahu@swastika.co.in
santosh.meena@swastika.co.in
amit.khare@swastika.co.in
vishnu.shreekar@swastika.co.in
sonakshi.bahety@swastika.co.in
Swastika Intelligence Group,
1st Floor, Bandukwala Building, British Hotel Lane, Fort Mumbai