BSE Ltd Falls Sharply After SEBI Bans Global Firm Jane Street:-
Some important companies and some important updates related to them, which we will about in this video. The name of the first company is BSC LED. Disclaimer that all the company related news and updates that we will cover will be only for educational purposes, do not consider this as any kind of investment advice, you can also do research and analysis on your own. Then BSE is a company related to the capital market and all the capital market companies that are listed in the market,you are seeing all of them in tremendous focus today because among all these, you got to witness a tremendous crash today. Now what is the reason behind this? But look Navama, you will see the mansion here. jel one mansion will be visible. BSE will be visible. All of these saw a decline of around 7%. When SEBI banned Jain Street. Now we will understand this thing a little better and that too in detail.About what exactly happened. So look, as of now, the order has been placed in Inter,brother, above Jain Street. Brother of what? Related to the ban. Why? Because here the talk was that Jain State was manipulating the stock index. We can say that these are quite big because of the derivative positions mentioned here. And here it has also been told by SEBI that the manipulation that was going on by Jain Street was causing a huge loss to the small investors. That means this was hurting him. Now if we look at it, is Jain Street exact, brother? So look, this is a global trading firm and the entities related to it have currently been banned by SEBI due to manipulation of the Indian stock market.
Stock Manipulation:-
Now if it is banned due to this manipulation, then why is BSE worried here? So look friends, BSE is worried because there was no of stock manipulation going on here. You were able to see it, was it mentioned here? We are talking about stock indexes here. That is, there was discussion about the indexes and indices. We are hearing news of manipulation on that. And whose name has come up in that manipulation, brother? It is from Jain Street which is a global trading firm. And these total things which we have seen, we can call it a scam, it will be correct if we say so. And how much money have they made from this scam? ₹36,502 crore. This means they can easily acquire a good mid-cap company. That too with a full steak. So, we can say that SEBI has caught a very big fraud and due to this, today all these things have shaken the companies related to the capital market because the issue of index is going on here. Now look friends, it was also mentioned here that when was the manipulation that happened from Jain Street’s side executed? So look, it has been told that on January 17, 2024, that is, it is about January 17, 2024. What is that manipulation that we saw at that time was to book profit in Bank Nifty. Now in this you will see the names of big companies. If we look at Bank NIFI, it has the weightage of big banks in which the names of HDFC Bank, Axis Bank, ICICI Bank, State Bank of India are seen. So if someone is manipulating NFT Bank or Bank Nifty, then it is obvious that he will move the entire market from one side to the other.
HDFC Bank or Axis Bank or ICICI Bank:-
Because if we about HDFC Bank or Axis Bank or ICICI Bank. If you invest crores of rupees in it, the price will not fluctuate even a little. If you are manipulating their index, then somewhere you are a big threat to the market. So for this reason, we are seeing such things coming from SEBI, which is somehow very good news for retail investors and if it was not about the index, it was only about the stocks, then due to this reason, the companies related to the capital market would not have fallen today, but here it is about the index, due to which we are seeing a significant decline.
JEL One Suffers Double Blow: SEBI Scandal + Weak June Business Update:-
So the next company is called jel one. About today, then jail one seems to be worried because of the news of Jain State. But apart from that we are also getting to hear a personal news related to jail one. Due to which, somewhere or the other, you were seen being disturbed today. Now what is the news related to Exact Jel One, brother? So the news here at the moment is that we have seen the business updates of this company for the month of June in which the number of gross client acquisitions of the company has been seen falling by 42% on year on year basis. So, we can say that even if the news of Jain State had not come, the data reported by the company has shown that a fall in the market could have been seen in the month of November and it was seen. So you saw a decline of around 6% in this company. Now we will understand exactly everything in some detail. About last year, the company had acquired 5.5 lakh clients. What was done this time is 41.5% less than last time. That means you can walk with 42% rough grip. And if we compare it with last month, we have seen an increase of 9.4% in client acquisitions. This is a good news.
Total Client:-
About their total client base at the present time, then it is 3.25 crores. If we compare it with last year then it has seen an increase of 31.3%. And if we compare it with the previous month then we are seeing an increase of 1.6%. But the total client is being about here. There is no talk of client acquisitions. This means that it is possible that the company may have made good number of acquisitions in the month of April also. Would have done it in May too. So this means that growth will be seen in client acquisitions. But if we look at what the company did last year in one quarter or one month, then it has reduced by almost 42%. That’s the whole meaning. Now look, you will see more things here which make a huge contribution to the revenue source of the company. If we about the average daily orders of the month of June, it is 5.47 million. There is talk about the daily. If we compare it with last year’s data, there were 8.84 million orders, which means earlier there were 8.84 million orders per day, how many are being placed this time ? 5.47 million orders in the month of June. The more the orders, the more the revenue. And the fewer the orders, the lesser the revenue. So the number of daily orders has fallen drastically since June last year. About May,you used to see 5.79 million in the month of May.
Capital Market Companies:-
Even if we look beyond that, it is slightly less visible. That is, we can say that the month of June was not very good for capital market companies. Because the performance of the market in the month of June was not good due to many reasons. You can also add war like situations in it. After that, about total orders, then we used to see around 114.95 million. In this we saw a decline of 31.6%. If we compare it with last year, this is also a big point which you can note. About the average client funding book, then you have seen a growth of 55%, which if compared on month on month basis, has increased by 17.5%. So ultimately we can say a good thing that the funding book is good but if we talk about orders then the company has definitely faced problems in that. So this is an important thing through which we can estimate how the results of the upcoming quarter may look in terms of the company’s revenue and profit.
Reliance Industries: Big Moves Before Retail IPO:-
About the next company whose name is Reliance Industries LED. Now two big news related to Reliance Industries are coming. The first big news here is that the company has decided to do a spin- off before the retail IPO. Understand what spin off means. Look, when any parent company separates its subsidiary from itself and creates a separate entity. One is a listing company and the other is a separate company which is formed but is not listing it. Is that the company is spinning off its consumer brand, sorry consumer goods brand before the IPO. Now you can understand this thing in a little detail also. So look friends, here it has been mentioned the brand spanning Apparels, Fashion, Foods, Personal Care, Beverages. Currently, all these brands come under Reliance Retailed, which we can say is under Reliance Ritl Ventures or we can say is under Reliance Consumer Products. Ok? Now, all these things which we
get to see, all these brands will now be directly seen not in all these but in Reliance Consumer Products or we can say RCP. That means the company has removed this brand from this brand and placed it separately in this.
Now the company will give it a separate management and that management will be seen running this brand. First of all, all these things used to give us a lot of problems in calculating the valuations of Reliance. But if Reliance Industries can call its multiple subsidiaries as multiple and gives them the management or separates them all, then what will happen with it? What this does is that ultimately it becomes easier to analyze each segment thoroughly on a growth basis to calculate the valuation. So if seen from one perspective, this is big news if you are an investor in Reliance. Apart from this, we are getting to see another news. The news here at the moment is that RRBL is going to make a strategic minority investment in UK based Face Gym which can be said that it works in all the things like facial fitness and skin care or we can say that this company works in these sectors.
ZDS Wellness Announces 1:5 Stock Split:-
So, we can say that this is a part of those segments in which the company does business, say consumer or retail segment. So you can also note all these things if you are an investor in Reliance. Friends, the next company is ZDS Wellness LED. Recently the company had announced a split in the ratio of 1:5 in which the company had decided to give five shares in exchange of one share. So if you are an investor in this company then obviously this news can be useful for you.Investors cannot ignore this. This is not a recommendation of any kind.