@AlliesFin
US markets closed lower after Alphabet results disappointed the street and 10 year rallied back near 5.00%. Dow fell 0.32%, S&P fell 1.43% to close below 4200 for the first time since May and Nasdaq fell 2.43%, registering its worst day since February 21.
USD index traded higher near 106.56, 10 year jumped back towards 4.96% and cboe vix closed near 20.19.
Crude prices reversed from opening losses as worries over Middle East crisis overshadowed gloomy economic outlook and US inventory count. WTI moved above 85, Brent above 90.
Indian stocks traded lower over continued worries on the Middle East crisis and rising yields in the US. Sensex lost 523 points, Nifty closed below 19150 as the markets failed to hold onto opening gains. Banking names along with IT stocks took indices lower as selling pressure intensified on the penultimate day before October expiry.
Global equity sentiments and rising yields may once again put some pressure on markets at open and October series expiry may add to stock specific volatility for the day. As indicated yesterday, participants may start building some positions at every decline (only manageable exposure) for a probable year-end rally starting the November series. For investors, the current fall in stock prices provides an excellent opportunity to rebalance portfolios towards winners of the next bull run.
T.me/AlliesFin
US markets closed lower after Alphabet results disappointed the street and 10 year rallied back near 5.00%. Dow fell 0.32%, S&P fell 1.43% to close below 4200 for the first time since May and Nasdaq fell 2.43%, registering its worst day since February 21.
USD index traded higher near 106.56, 10 year jumped back towards 4.96% and cboe vix closed near 20.19.
Crude prices reversed from opening losses as worries over Middle East crisis overshadowed gloomy economic outlook and US inventory count. WTI moved above 85, Brent above 90.
Indian stocks traded lower over continued worries on the Middle East crisis and rising yields in the US. Sensex lost 523 points, Nifty closed below 19150 as the markets failed to hold onto opening gains. Banking names along with IT stocks took indices lower as selling pressure intensified on the penultimate day before October expiry.
Global equity sentiments and rising yields may once again put some pressure on markets at open and October series expiry may add to stock specific volatility for the day. As indicated yesterday, participants may start building some positions at every decline (only manageable exposure) for a probable year-end rally starting the November series. For investors, the current fall in stock prices provides an excellent opportunity to rebalance portfolios towards winners of the next bull run.
T.me/AlliesFin
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*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 26-10-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -58806*๐ญ๐ญ
*INDEX FUT. : -3403*
*INDEX OPT. : -47886*
*STOCK FUT. : -6703*
*STOCK OPT. : -815*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 26-OCT-2023 :*
*FIIS : SELL -7,702 (10,239-17,941)* ๐ญ
*DIIS : BUY +6,558 (13,600-7,042)*๐๐
*BSE SENSEX : -901 (63,148)๐ฝ*
*NSE NIFTY : -265 (18,857)*๐ฝ
*BSE MIDCAP. : -328 (30,591)*๐ฝ
*BSE SMLCAP. : -116 (36,205)*๐ฝ
*B. CRUDE : $ 87.59* ๐ผ โบ๏ธ
*GOLD: $1979=INR 62,900 (10gr)* โ๏ธ ๐ณ
*SILVER : RS. 75,400 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.23 ๐ฝ โบ๏ธ*
*7.26%GOI '33: 7.4070%(99.01)๐ผโบ๏ธ*
*7.18%NEW '33: 7.3667%(98.6975)๐ผโบ๏ธ*
*7.18%GOI '37: 7.4782% (97.45)๐ผ๐ฉ*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -58806*๐ญ๐ญ
*INDEX FUT. : -3403*
*INDEX OPT. : -47886*
*STOCK FUT. : -6703*
*STOCK OPT. : -815*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 26-OCT-2023 :*
*FIIS : SELL -7,702 (10,239-17,941)* ๐ญ
*DIIS : BUY +6,558 (13,600-7,042)*๐๐
*BSE SENSEX : -901 (63,148)๐ฝ*
*NSE NIFTY : -265 (18,857)*๐ฝ
*BSE MIDCAP. : -328 (30,591)*๐ฝ
*BSE SMLCAP. : -116 (36,205)*๐ฝ
*B. CRUDE : $ 87.59* ๐ผ โบ๏ธ
*GOLD: $1979=INR 62,900 (10gr)* โ๏ธ ๐ณ
*SILVER : RS. 75,400 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.23 ๐ฝ โบ๏ธ*
*7.26%GOI '33: 7.4070%(99.01)๐ผโบ๏ธ*
*7.18%NEW '33: 7.3667%(98.6975)๐ผโบ๏ธ*
*7.18%GOI '37: 7.4782% (97.45)๐ผ๐ฉ*
GIFT Nifty -16 pts (18950) from last trade 18966 ,
@AlliesFin
Nikkei +311 pts ,
Hangseng +116 pts ,
Dow -251.63 pts ,Nsdq -225.62 pts, S&P -49.54 pts , Bovespa +1946 pt.s , Ftse -59 pts , Dax -161 pts , Cac -26 pts , Crude @ $83.58 brl (+0.37), Brent @ $87.93 brl (-0.00) , Gold @ 1994.90 (-2.50), Silver $22.96 (+0.05), Euro @ $1.0563, JPY @ $150.34, INR @ 83.255
*Today's Corporate Action*
*27th Oct Ex Date*
JAYBARMARU
Stock Split From Rs.5/- to Rs.2/-
KSOLVES
Interim Dividend - Rs. - 7.0000
TCIEXP
Interim Dividend - Rs. - 3.0000
*Today's Key Results/Board Meetings*
*27-Oct-23*
3IINFOTECH
General;Quarterly Results
ABCGAS
Quarterly Results
ADVIKCA
General;Quarterly Results
ALPSINDUS
Quarterly Results
ARYAN
General;Quarterly Result
ASTEC
General;Quarterly Results
BAJAJFINSV
Quarterly Results
BAJAJHLDNG
Quarterly Results
BLUEDART
Quarterly Result
BPCL
Quarterly Results
CARBORUNIV
Quarterly Result
CHEMOPH
Quarterly Result
CIPLA
Quarterly Results
CORDSCABLE
Quarterly Results
COSMOFE
Quarterly Result
CUB
Quarterly Results
CYBERTECH
Quarterly Results
DBSTOCKBRO
Quarterly Results
DRONACHRYA
Half Yearly Results
DRREDDY
Quarterly Results
DWARKESH
Quarterly Result
FAMILYCARE
Quarterly Results
GESHI
Quarterly Results;Interim Dividend
GMRINFRA
Quarterly Results
GNA
Quarterly Results
GOLDCOINHF
Quarterly Results
GOODYEAR
Quarterly Results
HEUBACHIND
Quarterly Results
HYPERSOFT
Quarterly ResultsI
CLGeneral;Quarterly Results
INDERGR
General
INDHOTEL
Quarterly Results
INDOSTAR
Quarterly Results
INTELLECT
Quarterly Results
INTENTECH
General;Quarterly ResultsIOBQuarterly Results
IONEXCHANG
Quarterly Results
IRB
Quarterly Results;Interim Dividend
JASCH
Quarterly Results
JCHAC
Quarterly Result
JUBLPHARMA
Quarterly Results
KIRANSY-B
Quarterly Results
LAKSELEC
Quarterly Result
LATENTVIEW
Quarterly Results
LELAVOIR
Quarterly Results
M&MFIN
Quarterly Results
MAHLIFE
General;Quarterly Results
MARUTI
Quarterly Results
MGL
Quarterly Results
MONARCH
Quarterly Results;General
MPSLTD
Quarterly Results;Interim Dividend
MUTHTFN
Quarterly Results
NACLIND
Quarterly Results
NDLVENTURE
Quarterly Results
NOVARTIN
Quarterly Results
NUVAM
Quarterly Result
OSCARGLO
Quarterly Results
PANKAJPIYUS
General
PDMJEPAPER
Quarterly Results
PFS
Quarterly Results
PPLPHARMA
Quarterly Results
RATEGAIN
Quarterly Result
RELIANCE
Quarterly Results
ROUTE
Quarterly Results;Interim Dividend
RPILQuarterly Results
SARDAEN
Quarterly Results
SBFC
Quarterly Results;Employees Stock Option Plan
SBICARD
Quarterly Results
SBILIFE
Quarterly Results;Audited Results
SCHAEFFLER
Quarterly Results
SCTL
General;Quarterly Results
SHALBY
Quarterly Results
SHREDIGCEM
Quarterly Results
SPLPETRO
Quarterly Results;Interim DividendSRF
Quarterly Results
SUMICHEM
Quarterly Results
SWASTIKA
Quarterly Results
TAVERNIER
Quarterly Results
TIMESGTY
Quarterly Results
TIPSFILMS
Quarterly Results
TMB
Quarterly Results
TOKYOFIN
Quarterly Results
TOKYOPLAST
Quarterly Results
TRF
Quarterly Results;General;Audited Results
TTKPRESTIG
Quarterly Results
UJJIVANSFB
Quarterly Results
UNIONBANK
Quarterly Results
URJAGLOBA
Quarterly Results
VINVANI
Quarterly Results
VIVIDIND
Quarterly Results;General
WELSPLSOL
Quarterly Results
ZFCVINDIA
Quarterly Results
*Stock under F&O ban on NSE*
*27-Oct-23*
None
@AlliesFin
Nikkei +311 pts ,
Hangseng +116 pts ,
Dow -251.63 pts ,Nsdq -225.62 pts, S&P -49.54 pts , Bovespa +1946 pt.s , Ftse -59 pts , Dax -161 pts , Cac -26 pts , Crude @ $83.58 brl (+0.37), Brent @ $87.93 brl (-0.00) , Gold @ 1994.90 (-2.50), Silver $22.96 (+0.05), Euro @ $1.0563, JPY @ $150.34, INR @ 83.255
*Today's Corporate Action*
*27th Oct Ex Date*
JAYBARMARU
Stock Split From Rs.5/- to Rs.2/-
KSOLVES
Interim Dividend - Rs. - 7.0000
TCIEXP
Interim Dividend - Rs. - 3.0000
*Today's Key Results/Board Meetings*
*27-Oct-23*
3IINFOTECH
General;Quarterly Results
ABCGAS
Quarterly Results
ADVIKCA
General;Quarterly Results
ALPSINDUS
Quarterly Results
ARYAN
General;Quarterly Result
ASTEC
General;Quarterly Results
BAJAJFINSV
Quarterly Results
BAJAJHLDNG
Quarterly Results
BLUEDART
Quarterly Result
BPCL
Quarterly Results
CARBORUNIV
Quarterly Result
CHEMOPH
Quarterly Result
CIPLA
Quarterly Results
CORDSCABLE
Quarterly Results
COSMOFE
Quarterly Result
CUB
Quarterly Results
CYBERTECH
Quarterly Results
DBSTOCKBRO
Quarterly Results
DRONACHRYA
Half Yearly Results
DRREDDY
Quarterly Results
DWARKESH
Quarterly Result
FAMILYCARE
Quarterly Results
GESHI
Quarterly Results;Interim Dividend
GMRINFRA
Quarterly Results
GNA
Quarterly Results
GOLDCOINHF
Quarterly Results
GOODYEAR
Quarterly Results
HEUBACHIND
Quarterly Results
HYPERSOFT
Quarterly ResultsI
CLGeneral;Quarterly Results
INDERGR
General
INDHOTEL
Quarterly Results
INDOSTAR
Quarterly Results
INTELLECT
Quarterly Results
INTENTECH
General;Quarterly ResultsIOBQuarterly Results
IONEXCHANG
Quarterly Results
IRB
Quarterly Results;Interim Dividend
JASCH
Quarterly Results
JCHAC
Quarterly Result
JUBLPHARMA
Quarterly Results
KIRANSY-B
Quarterly Results
LAKSELEC
Quarterly Result
LATENTVIEW
Quarterly Results
LELAVOIR
Quarterly Results
M&MFIN
Quarterly Results
MAHLIFE
General;Quarterly Results
MARUTI
Quarterly Results
MGL
Quarterly Results
MONARCH
Quarterly Results;General
MPSLTD
Quarterly Results;Interim Dividend
MUTHTFN
Quarterly Results
NACLIND
Quarterly Results
NDLVENTURE
Quarterly Results
NOVARTIN
Quarterly Results
NUVAM
Quarterly Result
OSCARGLO
Quarterly Results
PANKAJPIYUS
General
PDMJEPAPER
Quarterly Results
PFS
Quarterly Results
PPLPHARMA
Quarterly Results
RATEGAIN
Quarterly Result
RELIANCE
Quarterly Results
ROUTE
Quarterly Results;Interim Dividend
RPILQuarterly Results
SARDAEN
Quarterly Results
SBFC
Quarterly Results;Employees Stock Option Plan
SBICARD
Quarterly Results
SBILIFE
Quarterly Results;Audited Results
SCHAEFFLER
Quarterly Results
SCTL
General;Quarterly Results
SHALBY
Quarterly Results
SHREDIGCEM
Quarterly Results
SPLPETRO
Quarterly Results;Interim DividendSRF
Quarterly Results
SUMICHEM
Quarterly Results
SWASTIKA
Quarterly Results
TAVERNIER
Quarterly Results
TIMESGTY
Quarterly Results
TIPSFILMS
Quarterly Results
TMB
Quarterly Results
TOKYOFIN
Quarterly Results
TOKYOPLAST
Quarterly Results
TRF
Quarterly Results;General;Audited Results
TTKPRESTIG
Quarterly Results
UJJIVANSFB
Quarterly Results
UNIONBANK
Quarterly Results
URJAGLOBA
Quarterly Results
VINVANI
Quarterly Results
VIVIDIND
Quarterly Results;General
WELSPLSOL
Quarterly Results
ZFCVINDIA
Quarterly Results
*Stock under F&O ban on NSE*
*27-Oct-23*
None
*Today's Headlines :*
@AlliesFin
*Economic Times :*
๐ India cuts floor price for basmati rice exports
๐ Vodafone Idea Q2 Results: Net loss widens to Rs 8,738 crore, revenue growth flat
๐ More Retail's FY23 loss widens to Rs 550 crore, revenue falls 7.4%
๐ Canara Bank Q2 Results: Profit jumps 43% YoY to Rs 3,606 crore on lower provisions
๐ ITR filings climb up by 90% in nine years to 6.37 cr in AY 2021-22: Govt
๐ US economy accelerated to a strong 4.9% rate last quarter as consumers shrugged off Fed rate hikes
๐ ECB holds interest rates for first time in over a year
๐ Govt to meet officials of airlines, travel portals to discuss consumer grievances on Nov 8
๐ Supply chain management platform Blubirch raises $6 million in funding from Cornerstone Ventures, Capital2B
๐ Drone startup UrbanMatrix Technologies raises Rs 6 crore in funding
๐ Deeptech IoT startup Datoms secures $1.2 million in funding led by Yournest VC
*Business Standard :*
๐ Punjab National Bank profit zooms 327% to Rs 1,756 crore in Q2FY24
๐ Tata Sons to infuse Rs 2,000 crore in loss-making subsidiary Tata Tele
๐ In a 1st, Ola Electric rides on festivals to log 200K registrations in a CY
๐ Adani Group seeking to raise $4 bn to fund green hydrogen plans
๐ ACC Ltd Q2FY24 result: Consolidated net profit at Rs 387 cr; revenue up 11%
๐ Asian Paints Q2FY24 results: Net profit rises 54% to Rs 1,205 crore
๐ Quick commerce platform Zepto's FY23 losses widen 3x to Rs 1,272 crore
๐ McLeod Russel to sell Vietnam unit Phu Ben Tea Company for $2.15 mn
๐ Reserve Bank of India allows premature deposit withdrawal up to Rs 1 crore
๐ Govt looks to onboard consultants amid work on investment treaties
๐ Listed global funds pour $1.3 bn into India's equity markets in September
*Financial Express :*
๐ McDonaldโs India franchisee Westlife Foodworld Q2 profit drops 29.1% to Rs 22.37 cr on higher costs, revenue up 7.4% YoY
๐ Symphony Ltd posts Q2 profit surges 45.8% to Rs 35 crore, revenue falls 8.9% on-year
๐ India launches reference fuel, to cut import dependency
๐ Govt hikes allocation of wheat under open market sale scheme
๐ Oil minister hints against hike in fuel prices
๐ P-notes investment continues to swell for seventh month on robust macros
*Mint :*
๐ Rallis India Q2 FY24 results: profit rise by 15.41% YOY
๐ Jubilant Foodworks Q2 FY24 results: profit falls by 26.1% YOY
๐ India will manage 8% growth by 2030 if more women join workforce, says report
๐ Mastercard Q3 results: Revenue up 14% at $6.5 billion, Q4 growth forecast cut
๐ Dixon Technologies Q2 Results: Net profit rises 47% to โน113.36 crore
๐ Colgate Palmolive Q2 Results. Profit jumps 22.3% at โน340 crore
๐ Shriram Finance slows down farm equipment loans, sees recovery from Q3.
@AlliesFin
*Economic Times :*
๐ India cuts floor price for basmati rice exports
๐ Vodafone Idea Q2 Results: Net loss widens to Rs 8,738 crore, revenue growth flat
๐ More Retail's FY23 loss widens to Rs 550 crore, revenue falls 7.4%
๐ Canara Bank Q2 Results: Profit jumps 43% YoY to Rs 3,606 crore on lower provisions
๐ ITR filings climb up by 90% in nine years to 6.37 cr in AY 2021-22: Govt
๐ US economy accelerated to a strong 4.9% rate last quarter as consumers shrugged off Fed rate hikes
๐ ECB holds interest rates for first time in over a year
๐ Govt to meet officials of airlines, travel portals to discuss consumer grievances on Nov 8
๐ Supply chain management platform Blubirch raises $6 million in funding from Cornerstone Ventures, Capital2B
๐ Drone startup UrbanMatrix Technologies raises Rs 6 crore in funding
๐ Deeptech IoT startup Datoms secures $1.2 million in funding led by Yournest VC
*Business Standard :*
๐ Punjab National Bank profit zooms 327% to Rs 1,756 crore in Q2FY24
๐ Tata Sons to infuse Rs 2,000 crore in loss-making subsidiary Tata Tele
๐ In a 1st, Ola Electric rides on festivals to log 200K registrations in a CY
๐ Adani Group seeking to raise $4 bn to fund green hydrogen plans
๐ ACC Ltd Q2FY24 result: Consolidated net profit at Rs 387 cr; revenue up 11%
๐ Asian Paints Q2FY24 results: Net profit rises 54% to Rs 1,205 crore
๐ Quick commerce platform Zepto's FY23 losses widen 3x to Rs 1,272 crore
๐ McLeod Russel to sell Vietnam unit Phu Ben Tea Company for $2.15 mn
๐ Reserve Bank of India allows premature deposit withdrawal up to Rs 1 crore
๐ Govt looks to onboard consultants amid work on investment treaties
๐ Listed global funds pour $1.3 bn into India's equity markets in September
*Financial Express :*
๐ McDonaldโs India franchisee Westlife Foodworld Q2 profit drops 29.1% to Rs 22.37 cr on higher costs, revenue up 7.4% YoY
๐ Symphony Ltd posts Q2 profit surges 45.8% to Rs 35 crore, revenue falls 8.9% on-year
๐ India launches reference fuel, to cut import dependency
๐ Govt hikes allocation of wheat under open market sale scheme
๐ Oil minister hints against hike in fuel prices
๐ P-notes investment continues to swell for seventh month on robust macros
*Mint :*
๐ Rallis India Q2 FY24 results: profit rise by 15.41% YOY
๐ Jubilant Foodworks Q2 FY24 results: profit falls by 26.1% YOY
๐ India will manage 8% growth by 2030 if more women join workforce, says report
๐ Mastercard Q3 results: Revenue up 14% at $6.5 billion, Q4 growth forecast cut
๐ Dixon Technologies Q2 Results: Net profit rises 47% to โน113.36 crore
๐ Colgate Palmolive Q2 Results. Profit jumps 22.3% at โน340 crore
๐ Shriram Finance slows down farm equipment loans, sees recovery from Q3.
๐ฎ๐ณBharat Daybook Stocks in News
@AlliesFin
*Venus Pipes:* Net profit at Rs 20.25 cr, up 95.0%, Revenue up 51% at Rs 191.4 cr (YoY) (Positive)
*Railtel:* Net profit at Rs 68.2 cr, up 77.0%, Revenue up 28% at Rs 599.2 cr (YoY) (Positive)
*Dixon:* Net profit of Rs 113.4 cr vs poll of Rs 101.4 cr, Revenues of Rs 4943.0 cr vs poll of Rs 4437.0 cr (Positive)
*AGI Green:* Net profit at Rs 56.2 cr, up 65.0%, Revenue up 20% at Rs 615.0 cr (YoY) (Positive)
*Indian Bank:* Profit up 62.3% at Rs 1988 cr Vs Rs 1225 cr, NII up 22.5% at Rs 5740 cr Vs Rs 4684 cr YoY (Positive)
*ISMT:* Net profit at Rs 51.5 cr, up 70.0%, Revenue up 6% at Rs 748.0 cr (YoY) (Positive)
*Aavas:* Net profit of Rs 122.0 cr vs poll of Rs 117.0 cr, Revenues of Rs 497.4 cr, up 14.0% (Positive)
*Karnataka Bank:* Approves allotment of Rs 800 cr on a preferential basis (Positive)
*Astral:* Starts Commercial Production Of Adhesives Division At Dahej Plant (Positive)
*Kamat Hotels:* Company concludes sale of Mumbai unit to Lateral Hospitality for Rs 125 cr (Positive)
*Lemon Tree:* The company has signed a license agreement for a 50-room property in Visakhapatnam, Andhra Pradesh (Positive)
*Deccan Gold:* Company gets Letter of Intent for mining critical minerals in Chhattisgarh (Positive)
*KIMS:* Care Hospitals poised to buy Kerala-based hospital chain KIMS Healthcare Management: ET Sources (Positive)
*Vodafone:* Net loss at Rs 8,737.9 Cr Vs loss of Rs 7,840 cr, Revenue up 0.6% at rs 10,716.3 cr Vs Rs 10,655.5 cr (QoQ) (Neutral)
*NLC India:* Net profit at Rs 1,084.7 cr Vs Rs 410.9 cr, Revenue down 14.7% at Rs 2,988.5 cr Vs Rs 3,489.3 cr (YoY) (Neutral)
*Laxmi Organics:* Net Profit up 24.4% at Rs 10.7 Cr Vs Rs 9 cr, Revenue at Rs 652.3 cr Vs Rs 652.2 cr (YoY) (Neutral)
*Colgate Q2:* Net Profit at Rs. 340.0 crore versus poll of Rs. 329.0 crore, Revenue at Rs. 1417 crore versus poll of Rs. 1491 crore (Neutral)
*ABAMC:* Net Profit down 7.1% at Rs 178.0 Cr Vs Rs 192 cr, Revenue at Rs 335.0 cr Vs Rs 311.0 cr (YoY) (Neutral)
*Axis Bank:* Board approves appointment of Munish Sharda As Bankโs whole-time director w.e.f. Nov 1, 2023 (Neutral)
*Oberoi Realty:* Company divests its entire 31.67% shareholding in JV with Sangam City Township for Rs 3.6 cr (Neutral)
*Wardwizard:* Comapny signs Rs 2,000 crore MOU with Gujarat government for development of electric vehicle ancillary cluster. (Neutral)
*Novartis India:* Company says it is currently facing shortage of one of its product 'Simulect 20 mg'.
*Quick Heal Q2:* Net Profit down 41.9% at Rs 12.9 cr Vs Rs 22 cr, Revenue down 22.3% at Rs 78.4 cr Vs Rs 100.9 cr (YoY)
@AlliesFin
*Venus Pipes:* Net profit at Rs 20.25 cr, up 95.0%, Revenue up 51% at Rs 191.4 cr (YoY) (Positive)
*Railtel:* Net profit at Rs 68.2 cr, up 77.0%, Revenue up 28% at Rs 599.2 cr (YoY) (Positive)
*Dixon:* Net profit of Rs 113.4 cr vs poll of Rs 101.4 cr, Revenues of Rs 4943.0 cr vs poll of Rs 4437.0 cr (Positive)
*AGI Green:* Net profit at Rs 56.2 cr, up 65.0%, Revenue up 20% at Rs 615.0 cr (YoY) (Positive)
*Indian Bank:* Profit up 62.3% at Rs 1988 cr Vs Rs 1225 cr, NII up 22.5% at Rs 5740 cr Vs Rs 4684 cr YoY (Positive)
*ISMT:* Net profit at Rs 51.5 cr, up 70.0%, Revenue up 6% at Rs 748.0 cr (YoY) (Positive)
*Aavas:* Net profit of Rs 122.0 cr vs poll of Rs 117.0 cr, Revenues of Rs 497.4 cr, up 14.0% (Positive)
*Karnataka Bank:* Approves allotment of Rs 800 cr on a preferential basis (Positive)
*Astral:* Starts Commercial Production Of Adhesives Division At Dahej Plant (Positive)
*Kamat Hotels:* Company concludes sale of Mumbai unit to Lateral Hospitality for Rs 125 cr (Positive)
*Lemon Tree:* The company has signed a license agreement for a 50-room property in Visakhapatnam, Andhra Pradesh (Positive)
*Deccan Gold:* Company gets Letter of Intent for mining critical minerals in Chhattisgarh (Positive)
*KIMS:* Care Hospitals poised to buy Kerala-based hospital chain KIMS Healthcare Management: ET Sources (Positive)
*Vodafone:* Net loss at Rs 8,737.9 Cr Vs loss of Rs 7,840 cr, Revenue up 0.6% at rs 10,716.3 cr Vs Rs 10,655.5 cr (QoQ) (Neutral)
*NLC India:* Net profit at Rs 1,084.7 cr Vs Rs 410.9 cr, Revenue down 14.7% at Rs 2,988.5 cr Vs Rs 3,489.3 cr (YoY) (Neutral)
*Laxmi Organics:* Net Profit up 24.4% at Rs 10.7 Cr Vs Rs 9 cr, Revenue at Rs 652.3 cr Vs Rs 652.2 cr (YoY) (Neutral)
*Colgate Q2:* Net Profit at Rs. 340.0 crore versus poll of Rs. 329.0 crore, Revenue at Rs. 1417 crore versus poll of Rs. 1491 crore (Neutral)
*ABAMC:* Net Profit down 7.1% at Rs 178.0 Cr Vs Rs 192 cr, Revenue at Rs 335.0 cr Vs Rs 311.0 cr (YoY) (Neutral)
*Axis Bank:* Board approves appointment of Munish Sharda As Bankโs whole-time director w.e.f. Nov 1, 2023 (Neutral)
*Oberoi Realty:* Company divests its entire 31.67% shareholding in JV with Sangam City Township for Rs 3.6 cr (Neutral)
*Wardwizard:* Comapny signs Rs 2,000 crore MOU with Gujarat government for development of electric vehicle ancillary cluster. (Neutral)
*Novartis India:* Company says it is currently facing shortage of one of its product 'Simulect 20 mg'.
*Quick Heal Q2:* Net Profit down 41.9% at Rs 12.9 cr Vs Rs 22 cr, Revenue down 22.3% at Rs 78.4 cr Vs Rs 100.9 cr (YoY)
#RelianceJio has introduced #JioSpaceFiber, India's first ever satellite-based giga fiber service.
This service has been showcased at the India Mobile Congress, offering high-speed broadband connectivity to unreachable areas within India.
Read more: https://www.livemint.com/technology/tech-news/reliance-jio-unveils-jiospacefiber-indias-first-satellite-based-gigabit-broadband-service-for-nationwide-access-11698381881010.html
This service has been showcased at the India Mobile Congress, offering high-speed broadband connectivity to unreachable areas within India.
Read more: https://www.livemint.com/technology/tech-news/reliance-jio-unveils-jiospacefiber-indias-first-satellite-based-gigabit-broadband-service-for-nationwide-access-11698381881010.html
mint
Reliance Jio unveils JioSpaceFiber: India's first satellite-based gigabit broadband service for nationwide access
Jio to connect 'everything, everywhere across land, air, sea & space'
INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 27-10-2023 :
@AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -1461* ๐ฅ
*INDEX FUT. : -111*
*INDEX OPT. : -1904*
*STOCK FUT. : +373*
*STOCK OPT. : +181*
*SEC. IN F&O BAN FOR, 30-Oct-23*
*NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 27-OCT-2023 :*
*FIIS : SELL -1,500 (9,360-10,860)* ๐ฅ
*DIIS : BUY +314 (7,136-6,822)* ๐
*BSE SENSEX : +635 (63,783)๐ผ*
*NSE NIFTY : +190 (19,047)*๐ผ
*BSE MIDCAP. : +521 (31,112)*๐ผ
*BSE SMLCAP. : +683 (36,888)*๐ผ
*B. CRUDE : $ 87.36* ๐ฝ ๐
*GOLD: $1986=INR 63,200 (10gr)* ๐ผ ๐
*SILVER : RS. 75,000 (kg)(5pm)*๐ฝโบ๏ธ
*FOREX : RS. $ 83.24 ๐ฝ โบ๏ธ*
*7.26%GOI '33: 7.3995%(99.06)๐ฝ๐*
*7.18%NEW '33: 7.3576%(98.76)๐ฝ๐*
*7.18%GOI '37: 7.4624% (97.5825)๐ฝ๐*
@AlliesFin
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -1461* ๐ฅ
*INDEX FUT. : -111*
*INDEX OPT. : -1904*
*STOCK FUT. : +373*
*STOCK OPT. : +181*
*SEC. IN F&O BAN FOR, 30-Oct-23*
*NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 27-OCT-2023 :*
*FIIS : SELL -1,500 (9,360-10,860)* ๐ฅ
*DIIS : BUY +314 (7,136-6,822)* ๐
*BSE SENSEX : +635 (63,783)๐ผ*
*NSE NIFTY : +190 (19,047)*๐ผ
*BSE MIDCAP. : +521 (31,112)*๐ผ
*BSE SMLCAP. : +683 (36,888)*๐ผ
*B. CRUDE : $ 87.36* ๐ฝ ๐
*GOLD: $1986=INR 63,200 (10gr)* ๐ผ ๐
*SILVER : RS. 75,000 (kg)(5pm)*๐ฝโบ๏ธ
*FOREX : RS. $ 83.24 ๐ฝ โบ๏ธ*
*7.26%GOI '33: 7.3995%(99.06)๐ฝ๐*
*7.18%NEW '33: 7.3576%(98.76)๐ฝ๐*
*7.18%GOI '37: 7.4624% (97.5825)๐ฝ๐*
All roads lead to Bharat @AlliesFin
*News Headlines from Business News Agencies :*
*Business Standard* :*
โข Reliance Jio Infocomm Q2 results: Net profit rises 12% to Rs 5,058 crore
โข Govt wants telecom service to remain most affordable in entire world: Min
โข PhonePe scales up its shopping app to compete with large e-commerce firms
โข IndiaMart Q2 result: Consolidated net profit at Rs 69.4 cr, revenue up 23%
โข Tata Group to make iPhones in India for global market: Rajeev Chandrasekhar
โข JioSpaceFiber: Jio previews satellite-based internet connectivity at IMC 23
โข India exports mangoes worth $47.98 million, up 19% from last year
โข SBI Life Insurance Q2 PAT flat at Rs 380 crore as higher expenses weigh
โข Axis Bank capitalised with self-sustaining structure to fund growth: MD
โข Aston Martin to double its volume with new South India dealership
โข Tamilnad Mercantile Bank Q2 net profit increases 5% to Rs 274 crore
โข Irdai sets up 12-member committee to simplify insurance policy wordings
โข US move to withdraw some digital trade proposals at WTO to benefit India
*Economic Times :*
โข PEDA inks MoU with HPCL for setting up 10 compressed biogas projects in Punjab
โข Dhamra LNG terminal built entirely on promoter finance; no financial commitment from IOC, GAIL, say sources
โข RBI central board reviews economic, financial developments
โข South Eastern Coalfields despatches 100 MT coal in record time
โข India's forex reserves fall $2.36 bn to $583.5 bn
โข Huawei reports its revenue inched higher in January-September despite US sanctions
โข Indian Hotels Q2 Results: PAT jumps 37% YoY to 167 crore
โข Govt tightens LLP rules; partners have to declare beneficial interests, intangible contributions
โข Mahindra Lifespace Developers records Rs 455 crore pre-sales in July-September
โข NBCC sold office space in south Delhi for Rs 1557.51 crore
โข Sebi's instant settlement plan faces foreign investor pushback: Report
โข Nomura quarterly profit doubles on Japanese stock market strength
โข Taiwan chip industry pushes government to speed up renewables
*Mint :*
โข Maruti Suzuki Q2 Results: Net profit jumps 80% on year to โน3,716.5 crore
โข NTPC Q2 Results: Net profit rises 16% to โน3,885 crore
โข Dr Reddy's Q2 Results: Net profit rises 33% to โน1,482 crore, revenue up 9% YoY
โข Cipla Q2FY24 results: Net profit rises nearly 45% YoY, total income surges 15%
โข RIL Q2 results: Reliance Industries reports net profit of โน17,394 crore
โข Bajaj Finserv Q2 net profit rises 24% to โน1,929 crore
โข JPMorgan Chase CEO Jamie Dimon to sell $141 million worth of company's shares
โข Optiemus Infracom to make drones in India for local, global markets
โข Vodafone Idea to boost investment in 5G network rollout in India
โข City Union Bank Q2 NII down 5.2%, Net profit up 1.5% at Rs 280.6 CR
โข Mukand signs power delivery agreement with Tata Power Renewable Energy
โข IDFC First Bank Q2 results: Net profit up 35% at โน751 crore, NII jumps 32%
โข AU Small Finance Bank Q2 results: Net profit up 17% at โน402 crore, NII up 15%
โข Airtel teams up with Microsoft to bring calling services via MS Teams
T.me/AlliesFin
*Business Standard* :*
โข Reliance Jio Infocomm Q2 results: Net profit rises 12% to Rs 5,058 crore
โข Govt wants telecom service to remain most affordable in entire world: Min
โข PhonePe scales up its shopping app to compete with large e-commerce firms
โข IndiaMart Q2 result: Consolidated net profit at Rs 69.4 cr, revenue up 23%
โข Tata Group to make iPhones in India for global market: Rajeev Chandrasekhar
โข JioSpaceFiber: Jio previews satellite-based internet connectivity at IMC 23
โข India exports mangoes worth $47.98 million, up 19% from last year
โข SBI Life Insurance Q2 PAT flat at Rs 380 crore as higher expenses weigh
โข Axis Bank capitalised with self-sustaining structure to fund growth: MD
โข Aston Martin to double its volume with new South India dealership
โข Tamilnad Mercantile Bank Q2 net profit increases 5% to Rs 274 crore
โข Irdai sets up 12-member committee to simplify insurance policy wordings
โข US move to withdraw some digital trade proposals at WTO to benefit India
*Economic Times :*
โข PEDA inks MoU with HPCL for setting up 10 compressed biogas projects in Punjab
โข Dhamra LNG terminal built entirely on promoter finance; no financial commitment from IOC, GAIL, say sources
โข RBI central board reviews economic, financial developments
โข South Eastern Coalfields despatches 100 MT coal in record time
โข India's forex reserves fall $2.36 bn to $583.5 bn
โข Huawei reports its revenue inched higher in January-September despite US sanctions
โข Indian Hotels Q2 Results: PAT jumps 37% YoY to 167 crore
โข Govt tightens LLP rules; partners have to declare beneficial interests, intangible contributions
โข Mahindra Lifespace Developers records Rs 455 crore pre-sales in July-September
โข NBCC sold office space in south Delhi for Rs 1557.51 crore
โข Sebi's instant settlement plan faces foreign investor pushback: Report
โข Nomura quarterly profit doubles on Japanese stock market strength
โข Taiwan chip industry pushes government to speed up renewables
*Mint :*
โข Maruti Suzuki Q2 Results: Net profit jumps 80% on year to โน3,716.5 crore
โข NTPC Q2 Results: Net profit rises 16% to โน3,885 crore
โข Dr Reddy's Q2 Results: Net profit rises 33% to โน1,482 crore, revenue up 9% YoY
โข Cipla Q2FY24 results: Net profit rises nearly 45% YoY, total income surges 15%
โข RIL Q2 results: Reliance Industries reports net profit of โน17,394 crore
โข Bajaj Finserv Q2 net profit rises 24% to โน1,929 crore
โข JPMorgan Chase CEO Jamie Dimon to sell $141 million worth of company's shares
โข Optiemus Infracom to make drones in India for local, global markets
โข Vodafone Idea to boost investment in 5G network rollout in India
โข City Union Bank Q2 NII down 5.2%, Net profit up 1.5% at Rs 280.6 CR
โข Mukand signs power delivery agreement with Tata Power Renewable Energy
โข IDFC First Bank Q2 results: Net profit up 35% at โน751 crore, NII jumps 32%
โข AU Small Finance Bank Q2 results: Net profit up 17% at โน402 crore, NII up 15%
โข Airtel teams up with Microsoft to bring calling services via MS Teams
T.me/AlliesFin
*๐ฎ๐ณIndia Daybook โ Stocks in News*
*Union Bank:* Net profit up 90% at Rs 3,511.4 cr vs Rs 1,848 cr, NII up 10% at Rs 9,126.1 cr vs Rs 8,305 cr YoY (Positive)
*SBFC:* Net profit up 48% at Rs 53.0 cr vs Rs 36.0 cr, NII up 40% at Rs 131.0 cr vs Rs 94.0 cr YoY (Positive)
*Oberoi Realty:* Net profit up 43.3% at Rs 457.0 cr vs Rs 319 cr, Revenue up 77% at Rs 1217.0 cr vs Rs 689.0 cr YoY (Positive)
*Route:* Net profit up 21.8% at Rs 88.4 cr vs Rs 73 cr, Revenue up 20% at Rs 1,014.6 cr vs Rs 845.8 cr YoY (Positive)
*Intellect:* Net profit up 53.7% at Rs 70.4 cr vs Rs 46 cr, Revenue up 17.3% at Rs 619 cr vs Rs 527.5 cr YoY (Positive)
*Bajaj Holdings:* Net profit up 20% at Rs 1,491.2 cr vs Rs 1,243 cr, Revenue up 19.8% at Rs 224.7 cr vs 187.6 cr YoY (Positive)
*Inox Winds:* Net loss of Rs 24.1 cr Vs loss of Rs 132.9 cr, Revenue at Rs 370.6 cr Vs Rs 107.1 cr YoY (Positive)
*MGL:* Net profit at Rs 338.5 cr vs Rs 164 cr, Revenue up 0.5% at Rs 1,570.9 cr vs Rs 1,562.6 cr YoY (Positive)
*Satin Credit:* Net profit at Rs 106.8 cr vs Rs 57.2 cr, Revenue up at Rs 538.0 cr vs Rs 360.0 cr YoY (Positive)
*HiTech Pipes:* Net profit at Rs 10.5 cr vs Rs 8.0 cr, Revenue at Rs 746.0 cr vs Rs 642.0 cr YoY (Positive)
*Goodluck:* Net profit at Rs 34.7 cr vs Rs 28.6 cr, Revenue at Rs 876.0 cr vs Rs 846.0 cr YoY (Positive)
*Piramal Pharma:* Net profit at Rs 5.0 cr vs loss Rs 37.0 cr, Revenue at Rs 1911.0 cr vs Rs 1720.0 cr YoY (Positive)
*Supreme Petro:* Net profit at Rs 78.0 cr vs Rs 59.0 cr, Revenue at Rs 1273.0 cr vs Rs 1231.0 cr YoY (Positive)
*Laxmi Organics:* Net profit at Rs 23.5 cr vs Rs 8.9 cr, Revenue at Rs 636.0 cr vs Rs 597.0 cr YoY (Positive)
*Jayant Agro:* Net profit at Rs 15.8 cr vs Rs 11.5 cr, EBITDA at Rs 27.3 cr vs Rs 23.5 cr YoY (Positive)
*CDSL:* Net profit at Rs 109.0 cr vs Rs 80.0 cr, Revenue at Rs 207.3 cr vs Rs 149.0 cr YoY (Positive)
*IDFC First:* Net profit up 35.2% at โน751.3 cr vs โน556 cr, NII up 31.6% at โน3,950.2 cr vs โน3,002.2 cr (YoY) (Positive)
*Mukand:* Company signs power delivery agreement with Tata Power Renewable Energy (Positive)
*HFCL:* Company launched 1728 fibre IBR cable to meet the growing demand of high fibre count cables from data centres and boost 5G network infrastructure (Positive)
*Sterlite:* Company develops 160-micron fibre, the worldโs slimmest fibre and cable technology (Positive)
*Cipla:* Raises margin guidance for 2nd consecutive quarter (Positive)
*Gujarat Gas:* Company has announced a price hike of Rs 2.3/scm for its Morbi customers from Nov 1 (Positive)
*Bharti Airtel:* Collaborates with Microsoft to enable integrated calling through Microsoft Teams (Positive)
*SJVN:* Company inked an MoU with M/s Ocean Sun, Norway for collaboration in the field of new technologies in Green & Clean Energy Sector (Positive)
*UltraTech Cement:* Board Approves the 3rd phase of growth with an investment of โน13,000 crore towards increasing the capacity (Positive)
*HAL:* Company and Safran Aircraft Engines signed a MoU to develop industrial cooperation in Ring forging manufacturing for commercial anginas. (Positive)
*Bank of Maharashtra:* CARE has upgraded its ratings on the Bankโs Tier II Bonds/ Securities (Positive)
*Coal India:* Coal ministry asks Department of Financial Services for classifying coal under infrastructure sector (Positive)
*TNPL:* ICRA has upgraded its ratings on the Companyโs various debt instruments (Positive)
*Panacea Biotech:* Arm launches Paclitaxel Protein-Bound particles for injectable suspension in the Canadian market. (Positive)
*IRB Infrastructure:* Company has received Letter of Award from the NHAI for project worth Rs. 4,428 Cr in Uttar Pradesh & Madhya Pradesh (Positive)
*AU Bank:* Fincare Small Finance Bank to merge into AU Small Finance Bank, valued at close to Rs.4409 cr. (Positive)
*Reliance Ind:* Net profit at Rs 17394 cr vs poll Rs 17872 cr, Revenue at Rs 2.35 lakh cr vs poll Rs 2.24 lakh cr (Neutral)
*NTPC:* Net profit at Rs 3885 cr vs poll Rs 3900 cr, Revenue at Rs 40875 cr vs poll Rs 40250 cr (Neutral)
*Union Bank:* Net profit up 90% at Rs 3,511.4 cr vs Rs 1,848 cr, NII up 10% at Rs 9,126.1 cr vs Rs 8,305 cr YoY (Positive)
*SBFC:* Net profit up 48% at Rs 53.0 cr vs Rs 36.0 cr, NII up 40% at Rs 131.0 cr vs Rs 94.0 cr YoY (Positive)
*Oberoi Realty:* Net profit up 43.3% at Rs 457.0 cr vs Rs 319 cr, Revenue up 77% at Rs 1217.0 cr vs Rs 689.0 cr YoY (Positive)
*Route:* Net profit up 21.8% at Rs 88.4 cr vs Rs 73 cr, Revenue up 20% at Rs 1,014.6 cr vs Rs 845.8 cr YoY (Positive)
*Intellect:* Net profit up 53.7% at Rs 70.4 cr vs Rs 46 cr, Revenue up 17.3% at Rs 619 cr vs Rs 527.5 cr YoY (Positive)
*Bajaj Holdings:* Net profit up 20% at Rs 1,491.2 cr vs Rs 1,243 cr, Revenue up 19.8% at Rs 224.7 cr vs 187.6 cr YoY (Positive)
*Inox Winds:* Net loss of Rs 24.1 cr Vs loss of Rs 132.9 cr, Revenue at Rs 370.6 cr Vs Rs 107.1 cr YoY (Positive)
*MGL:* Net profit at Rs 338.5 cr vs Rs 164 cr, Revenue up 0.5% at Rs 1,570.9 cr vs Rs 1,562.6 cr YoY (Positive)
*Satin Credit:* Net profit at Rs 106.8 cr vs Rs 57.2 cr, Revenue up at Rs 538.0 cr vs Rs 360.0 cr YoY (Positive)
*HiTech Pipes:* Net profit at Rs 10.5 cr vs Rs 8.0 cr, Revenue at Rs 746.0 cr vs Rs 642.0 cr YoY (Positive)
*Goodluck:* Net profit at Rs 34.7 cr vs Rs 28.6 cr, Revenue at Rs 876.0 cr vs Rs 846.0 cr YoY (Positive)
*Piramal Pharma:* Net profit at Rs 5.0 cr vs loss Rs 37.0 cr, Revenue at Rs 1911.0 cr vs Rs 1720.0 cr YoY (Positive)
*Supreme Petro:* Net profit at Rs 78.0 cr vs Rs 59.0 cr, Revenue at Rs 1273.0 cr vs Rs 1231.0 cr YoY (Positive)
*Laxmi Organics:* Net profit at Rs 23.5 cr vs Rs 8.9 cr, Revenue at Rs 636.0 cr vs Rs 597.0 cr YoY (Positive)
*Jayant Agro:* Net profit at Rs 15.8 cr vs Rs 11.5 cr, EBITDA at Rs 27.3 cr vs Rs 23.5 cr YoY (Positive)
*CDSL:* Net profit at Rs 109.0 cr vs Rs 80.0 cr, Revenue at Rs 207.3 cr vs Rs 149.0 cr YoY (Positive)
*IDFC First:* Net profit up 35.2% at โน751.3 cr vs โน556 cr, NII up 31.6% at โน3,950.2 cr vs โน3,002.2 cr (YoY) (Positive)
*Mukand:* Company signs power delivery agreement with Tata Power Renewable Energy (Positive)
*HFCL:* Company launched 1728 fibre IBR cable to meet the growing demand of high fibre count cables from data centres and boost 5G network infrastructure (Positive)
*Sterlite:* Company develops 160-micron fibre, the worldโs slimmest fibre and cable technology (Positive)
*Cipla:* Raises margin guidance for 2nd consecutive quarter (Positive)
*Gujarat Gas:* Company has announced a price hike of Rs 2.3/scm for its Morbi customers from Nov 1 (Positive)
*Bharti Airtel:* Collaborates with Microsoft to enable integrated calling through Microsoft Teams (Positive)
*SJVN:* Company inked an MoU with M/s Ocean Sun, Norway for collaboration in the field of new technologies in Green & Clean Energy Sector (Positive)
*UltraTech Cement:* Board Approves the 3rd phase of growth with an investment of โน13,000 crore towards increasing the capacity (Positive)
*HAL:* Company and Safran Aircraft Engines signed a MoU to develop industrial cooperation in Ring forging manufacturing for commercial anginas. (Positive)
*Bank of Maharashtra:* CARE has upgraded its ratings on the Bankโs Tier II Bonds/ Securities (Positive)
*Coal India:* Coal ministry asks Department of Financial Services for classifying coal under infrastructure sector (Positive)
*TNPL:* ICRA has upgraded its ratings on the Companyโs various debt instruments (Positive)
*Panacea Biotech:* Arm launches Paclitaxel Protein-Bound particles for injectable suspension in the Canadian market. (Positive)
*IRB Infrastructure:* Company has received Letter of Award from the NHAI for project worth Rs. 4,428 Cr in Uttar Pradesh & Madhya Pradesh (Positive)
*AU Bank:* Fincare Small Finance Bank to merge into AU Small Finance Bank, valued at close to Rs.4409 cr. (Positive)
*Reliance Ind:* Net profit at Rs 17394 cr vs poll Rs 17872 cr, Revenue at Rs 2.35 lakh cr vs poll Rs 2.24 lakh cr (Neutral)
*NTPC:* Net profit at Rs 3885 cr vs poll Rs 3900 cr, Revenue at Rs 40875 cr vs poll Rs 40250 cr (Neutral)
*BEL:* Net profit at Rs 812.3 cr vs poll of Rs 747 cr, Revenue at Rs 3993.0 crore vs poll Rs 4611.0 crore (Neutral)
*Tamilnadu Mercantile Bank:* Net profit up 4.3% at Rs 273.5 cr vs Rs 262 cr YoY, Gross NPA at 1.70% vs 1.56% QoQ (Neutral)
*City Union Bank:* Net profit up 1.5% at Rs 280.6 cr vs Rs 277 cr, NII down 5.2% at Rs 538.4 cr vs Rs 567.9 cr YoY (Neutral)
*SBI Cards:* Net profit up 14.7% at Rs 603 cr vs Rs 526 cr, Revenue up 24% at Rs 4,087.4 cr vs Rs 3,297.1 cr YoY (Neutral)
*BPCL:* Net profit down 19.4% at Rs 8,501.2 cr vs Rs 10,550.9 cr, Revenue down 8.8% at 1.03 lk cr vs 1.13 lk cr (QoQ) (Neutral)
*ION Exchange:* Net profit up 9.6% at Rs 42.4 cr vs Rs 39.4 cr, Revenue up 19.1% at Rs 533 cr vs Rs 447.6 cr YoY (Neutral)
*IRB Infra:* Net profit up 12.2% at Rs 96.0 cr vs Rs 85.0 cr, Revenue up 30% at Rs 1745.0 cr vs Rs 1343.0 cr YoY (Neutral)
*Johnson Control:* Net loss at Rs 56.0 cr Vs loss Rs 53.0 cr, Revenue down 9.0% at Rs 280.0 cr Vs Rs 308.0 cr YoY (Neutral)
*Indiamart Intermesh: Net Profit at Rs.69.4 cr vs Rs.68.4 cr, Revenue up 22.0% at Rs 295.0 cr Vs Rs 241.0 cr YoY (Neutral)
*Macrotech: Net Profit at Rs.201.9 cr vs loss Rs.933.0 cr, Revenue down 0.9% at Rs 1749.0 cr Vs Rs 1764.0 cr YoY (Neutral)
*Latent View:* Net profit at Rs 34.0 cr vs Rs 37.0 cr, Revenue at Rs 156.0 cr vs Rs 132.0 cr YoY (Neutral)
*Sarda Energy:* Net profit at Rs 148.8 cr vs Rs 185.0 cr, Revenue at Rs 992.0 cr vs Rs 958.0 cr YoY (Neutral)
*Inox Green:* Net Profit of Rs 5.8 cr Vs loss of Rs 8.2 cr, Revenue at Rs 47.4 cr Vs Rs 61.8 cr YoY (Neutral)
*MPS:* Net profit at Rs 24.2 cr vs Rs 22.2 cr, Revenue at Rs 82.0 cr vs Rs 78.0 cr YoY (Neutral)
*NACL:* Net profit at Rs 4.0 cr vs Rs 30.0 cr, Revenue at Rs 580.0 cr vs Rs 564.0 cr YoY (Neutral)
*PFS:* Net profit at Rs 59.8 cr vs Rs 52.7 cr, Revenue at Rs 188.0 cr vs Rs 190.0 cr YoY (Neutral)
*Ratnaveer:* Net profit at Rs 7.9 cr vs Rs 6.9 cr, Revenue at Rs 142.5 cr vs Rs 128.4 cr YoY (Neutral)
*AU Small bank:* Gross NPA at 1.91% vs 1.76% QoQ, NII up 15.3% at โน1,249 cr vs โน1,083.4 cr YoY
*M&M Fin:* NII up 8.5% at Rs 1,645.4 cr vs 1,517 cr, Net profit down 47.5% at Rs 235.2 cr vs Rs 448.3 cr YoY.
*Blue Dart:* Net profit down 21.9% at Rs 73.1 cr Vs Rs 94 cr, Revenue down 0.1% at Rs 1,324.5 cr Vs Rs 1,325.3 cr YoY
*GE Shipping:* Net profit down 23% at Rs 595.0 cr Vs Rs 769.0 cr, Revenue down 15.1% at Rs 1229.0 cr Vs Rs 1447.0 cr YoY
*Astec Life:* Net loss of Rs 13.4 cr vs profit of Rs 18.3 cr, Revenue down 44.5% at Rs 110.8 cr vs Rs 199.7 cr YoY
*Mahindra Life:* Net loss of Rs 19.0 cr vs loss of Rs 7.5 cr, Revenue down at Rs 17.8 cr vs Rs 69.8 cr YoY
*TRF:* Net profit at Rs 18.0 cr vs Rs 53.0 cr, Revenue at Rs 38.0 cr vs Rs 54.0 cr YoY
*Pfizer:* Net Profit down 52.1% at Rs 149 cr vs Rs 311.1 cr, Revenue down 9.8% at Rs 575.2 cr vs Rs 637.5 cr (YoY)
*Bosch:* Robert Bosch GMBH's realigning of building technologies division likely to affect coโs biz
*RCF:* Company expects an impact of Rs 374.0 crore due to reduction in subsidy by government
*Dr Reddy's:* USFDA issues form 483 with 10 observations for the manufacturing unit in Bachupally, Hyderabad: CNBC
*Tamilnadu Mercantile Bank:* Net profit up 4.3% at Rs 273.5 cr vs Rs 262 cr YoY, Gross NPA at 1.70% vs 1.56% QoQ (Neutral)
*City Union Bank:* Net profit up 1.5% at Rs 280.6 cr vs Rs 277 cr, NII down 5.2% at Rs 538.4 cr vs Rs 567.9 cr YoY (Neutral)
*SBI Cards:* Net profit up 14.7% at Rs 603 cr vs Rs 526 cr, Revenue up 24% at Rs 4,087.4 cr vs Rs 3,297.1 cr YoY (Neutral)
*BPCL:* Net profit down 19.4% at Rs 8,501.2 cr vs Rs 10,550.9 cr, Revenue down 8.8% at 1.03 lk cr vs 1.13 lk cr (QoQ) (Neutral)
*ION Exchange:* Net profit up 9.6% at Rs 42.4 cr vs Rs 39.4 cr, Revenue up 19.1% at Rs 533 cr vs Rs 447.6 cr YoY (Neutral)
*IRB Infra:* Net profit up 12.2% at Rs 96.0 cr vs Rs 85.0 cr, Revenue up 30% at Rs 1745.0 cr vs Rs 1343.0 cr YoY (Neutral)
*Johnson Control:* Net loss at Rs 56.0 cr Vs loss Rs 53.0 cr, Revenue down 9.0% at Rs 280.0 cr Vs Rs 308.0 cr YoY (Neutral)
*Indiamart Intermesh: Net Profit at Rs.69.4 cr vs Rs.68.4 cr, Revenue up 22.0% at Rs 295.0 cr Vs Rs 241.0 cr YoY (Neutral)
*Macrotech: Net Profit at Rs.201.9 cr vs loss Rs.933.0 cr, Revenue down 0.9% at Rs 1749.0 cr Vs Rs 1764.0 cr YoY (Neutral)
*Latent View:* Net profit at Rs 34.0 cr vs Rs 37.0 cr, Revenue at Rs 156.0 cr vs Rs 132.0 cr YoY (Neutral)
*Sarda Energy:* Net profit at Rs 148.8 cr vs Rs 185.0 cr, Revenue at Rs 992.0 cr vs Rs 958.0 cr YoY (Neutral)
*Inox Green:* Net Profit of Rs 5.8 cr Vs loss of Rs 8.2 cr, Revenue at Rs 47.4 cr Vs Rs 61.8 cr YoY (Neutral)
*MPS:* Net profit at Rs 24.2 cr vs Rs 22.2 cr, Revenue at Rs 82.0 cr vs Rs 78.0 cr YoY (Neutral)
*NACL:* Net profit at Rs 4.0 cr vs Rs 30.0 cr, Revenue at Rs 580.0 cr vs Rs 564.0 cr YoY (Neutral)
*PFS:* Net profit at Rs 59.8 cr vs Rs 52.7 cr, Revenue at Rs 188.0 cr vs Rs 190.0 cr YoY (Neutral)
*Ratnaveer:* Net profit at Rs 7.9 cr vs Rs 6.9 cr, Revenue at Rs 142.5 cr vs Rs 128.4 cr YoY (Neutral)
*AU Small bank:* Gross NPA at 1.91% vs 1.76% QoQ, NII up 15.3% at โน1,249 cr vs โน1,083.4 cr YoY
*M&M Fin:* NII up 8.5% at Rs 1,645.4 cr vs 1,517 cr, Net profit down 47.5% at Rs 235.2 cr vs Rs 448.3 cr YoY.
*Blue Dart:* Net profit down 21.9% at Rs 73.1 cr Vs Rs 94 cr, Revenue down 0.1% at Rs 1,324.5 cr Vs Rs 1,325.3 cr YoY
*GE Shipping:* Net profit down 23% at Rs 595.0 cr Vs Rs 769.0 cr, Revenue down 15.1% at Rs 1229.0 cr Vs Rs 1447.0 cr YoY
*Astec Life:* Net loss of Rs 13.4 cr vs profit of Rs 18.3 cr, Revenue down 44.5% at Rs 110.8 cr vs Rs 199.7 cr YoY
*Mahindra Life:* Net loss of Rs 19.0 cr vs loss of Rs 7.5 cr, Revenue down at Rs 17.8 cr vs Rs 69.8 cr YoY
*TRF:* Net profit at Rs 18.0 cr vs Rs 53.0 cr, Revenue at Rs 38.0 cr vs Rs 54.0 cr YoY
*Pfizer:* Net Profit down 52.1% at Rs 149 cr vs Rs 311.1 cr, Revenue down 9.8% at Rs 575.2 cr vs Rs 637.5 cr (YoY)
*Bosch:* Robert Bosch GMBH's realigning of building technologies division likely to affect coโs biz
*RCF:* Company expects an impact of Rs 374.0 crore due to reduction in subsidy by government
*Dr Reddy's:* USFDA issues form 483 with 10 observations for the manufacturing unit in Bachupally, Hyderabad: CNBC
Tata Motors: Arbitral tribunal rules in favour of
@TataMotors
with respect to claims for #Singur manufacturing unit
The Tribunal asked West Bengal Industrial Development to pay #TataMotors Rs 766 cr + interest at 11%
#Arbitral proceedings on the Singur unit issue end. Hos...
@TataMotors
with respect to claims for #Singur manufacturing unit
The Tribunal asked West Bengal Industrial Development to pay #TataMotors Rs 766 cr + interest at 11%
#Arbitral proceedings on the Singur unit issue end. Hos...
*INSTL. INVESTORS EQUITY DERIVAT. TRADES AS ON : 30-10-2023 :*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -32374* ๐ญ๐ญ
*INDEX FUT. : -297*
*INDEX OPT. : -30623*
*STOCK FUT. : -1658*
*STOCK OPT. : +204*
*SEC. IN F&O BAN FOR, 31-Oct-23*
*NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 30-OCT-2023 :*
*FIIS : SELL -1,762 (6,653-8,415)* ๐ฅ
*DIIS : BUY +1,328 (7,523-6,195)* ๐
*BSE SENSEX : +330 (64,113)๐ผ*
*NSE NIFTY : +94 (19,141)*๐ผ
*BSE MIDCAP. : +41 (31,153)*๐ผ
*BSE SMLCAP. : +23 (36,911)*๐ผ
*B. CRUDE : $ 88.08* ๐ผ ๐ฉ
*GOLD: $ 2,001=INR 63,800(10gr)*๐ผ ๐
*SILVER : RS. 76,000 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.25 ๐ฝ โบ๏ธ*
*7.26%GOI '33: 7.4116%(98.98)๐ผโบ๏ธ*
*7.18%NEW '33: 7.3701%(98.6750)๐ผโบ๏ธ*
*7.18%GOI '37: 7.4699% (97.52)๐ผโบ๏ธ*
*FIIS F & O : RS. CRS. :*
*TOTAL NET SELL : -32374* ๐ญ๐ญ
*INDEX FUT. : -297*
*INDEX OPT. : -30623*
*STOCK FUT. : -1658*
*STOCK OPT. : +204*
*SEC. IN F&O BAN FOR, 31-Oct-23*
*NIL*
*INSTL. INVEST. EQUITY CASH PROV. TRADES AS ON : 30-OCT-2023 :*
*FIIS : SELL -1,762 (6,653-8,415)* ๐ฅ
*DIIS : BUY +1,328 (7,523-6,195)* ๐
*BSE SENSEX : +330 (64,113)๐ผ*
*NSE NIFTY : +94 (19,141)*๐ผ
*BSE MIDCAP. : +41 (31,153)*๐ผ
*BSE SMLCAP. : +23 (36,911)*๐ผ
*B. CRUDE : $ 88.08* ๐ผ ๐ฉ
*GOLD: $ 2,001=INR 63,800(10gr)*๐ผ ๐
*SILVER : RS. 76,000 (kg)(5pm)*๐ผ๐
*FOREX : RS. $ 83.25 ๐ฝ โบ๏ธ*
*7.26%GOI '33: 7.4116%(98.98)๐ผโบ๏ธ*
*7.18%NEW '33: 7.3701%(98.6750)๐ผโบ๏ธ*
*7.18%GOI '37: 7.4699% (97.52)๐ผโบ๏ธ*
*News Headlines from Business News Agencies:*
*Business Standard*
โข Airtel Africa Q2 results: Net profit falls nearly 9% to $138 million
โข Blackstone enters Indian healthcare services with Care Hospitals buy
โข SPARC completes enrollment in PROSEEK Global Phase 2 study of Parkinson's
โข Lenskart acquires computer vision startup Tango Eye for undisclosed amount
โข India becomes model for nations engaged in health sector reforms: Mandaviya
โข Aequs raises Rs 448 cr in funding round led by Singapore's Amansa Capital
โข Some NBFCs are bigger than many banks, says CEO Aditya Birla Finance
โข Manipal Group invests in Purplle with secondary purchase from JSW Ventures
โข By 2030, MF industry will be 1/3rd of banking industry, says Nimesh Shah
โข Sun Pharma and Zydus Lifesciences partner to market kidney drug Desidustat
โข JioPhone Prima 4G with smartphone-like features, UPI app coming this Diwali
โข CCAvenue.ae launches mobile-based QR Code payment solution in the UAE
*Economic Times*
โข Solar cushion helps Indiaโs renewable energy firms to offset wind shortfall: Moodyโs
โข TVS Motor Q2 Results: Profit climbs 32% YoY to Rs 537 crore, revenue rises 13%
โข Waaree Energies wins 200 MW module supply order from ENGIE India
โข World Bank sees oil lower in 2024, but wider Middle East war could spike them
โข Veld Capital successfully divests its Indian portfolio
โข Gaming company Funstop Games secures $1.5 million funding from InfoEdge Ventures
โข Nvidia-backed startup Seurat hints at IPO after $99 million fundraise
โข Google CEO Sundar Pichai to testify in landmark US antitrust trial
โข LT Foods Q2 Results: Net profit rises 65% to Rs 157 crore
โข J Kumar Infraprojects Q2 Results: PAT at Rs 73 crore
โข Sri Lankan government renews Lanka IOC's petroleum licence for 20 years
โข Cello World IPO subscribed 37% on Day 1
*Mint*
โข India may import Venezuelan crude at discounted prices: S&P Global
โข McDonald's Q3 results: Revenue jumps 14% at $6.69 billion
โข DLF Q2 Results: Net profit up 30.6% at โน623 crore, revenue up 3.5%
โข Marico Q2 results: Net profit up 17% at โน360 crore, revenue dips marginally
โข Road InvIT AUM to double next fiscal, says Crisil report
โข UPL Q2 Results: Firm reports net loss of โน189 crore, revenue drops 18% YoY
โข Petronet LNG Q2 net profit rises 4.4% QoQ to โน855.7 cr; approves dividend
โข Adani Green Energy Q2 Results: Net profit surges 149% on year to โน371 crore
โข Most apparel makers expect up to 25% less demand this festive season: CMAI
โข GST authorities probing Raymond's consumer care business sale to Godrej
โข Govt plans to set up real-time agri supply-demand model to predict prices
โข Finolex Cables: SC fines Deepak Chhabria; no more action against NCLAT members
*Business Standard*
โข Airtel Africa Q2 results: Net profit falls nearly 9% to $138 million
โข Blackstone enters Indian healthcare services with Care Hospitals buy
โข SPARC completes enrollment in PROSEEK Global Phase 2 study of Parkinson's
โข Lenskart acquires computer vision startup Tango Eye for undisclosed amount
โข India becomes model for nations engaged in health sector reforms: Mandaviya
โข Aequs raises Rs 448 cr in funding round led by Singapore's Amansa Capital
โข Some NBFCs are bigger than many banks, says CEO Aditya Birla Finance
โข Manipal Group invests in Purplle with secondary purchase from JSW Ventures
โข By 2030, MF industry will be 1/3rd of banking industry, says Nimesh Shah
โข Sun Pharma and Zydus Lifesciences partner to market kidney drug Desidustat
โข JioPhone Prima 4G with smartphone-like features, UPI app coming this Diwali
โข CCAvenue.ae launches mobile-based QR Code payment solution in the UAE
*Economic Times*
โข Solar cushion helps Indiaโs renewable energy firms to offset wind shortfall: Moodyโs
โข TVS Motor Q2 Results: Profit climbs 32% YoY to Rs 537 crore, revenue rises 13%
โข Waaree Energies wins 200 MW module supply order from ENGIE India
โข World Bank sees oil lower in 2024, but wider Middle East war could spike them
โข Veld Capital successfully divests its Indian portfolio
โข Gaming company Funstop Games secures $1.5 million funding from InfoEdge Ventures
โข Nvidia-backed startup Seurat hints at IPO after $99 million fundraise
โข Google CEO Sundar Pichai to testify in landmark US antitrust trial
โข LT Foods Q2 Results: Net profit rises 65% to Rs 157 crore
โข J Kumar Infraprojects Q2 Results: PAT at Rs 73 crore
โข Sri Lankan government renews Lanka IOC's petroleum licence for 20 years
โข Cello World IPO subscribed 37% on Day 1
*Mint*
โข India may import Venezuelan crude at discounted prices: S&P Global
โข McDonald's Q3 results: Revenue jumps 14% at $6.69 billion
โข DLF Q2 Results: Net profit up 30.6% at โน623 crore, revenue up 3.5%
โข Marico Q2 results: Net profit up 17% at โน360 crore, revenue dips marginally
โข Road InvIT AUM to double next fiscal, says Crisil report
โข UPL Q2 Results: Firm reports net loss of โน189 crore, revenue drops 18% YoY
โข Petronet LNG Q2 net profit rises 4.4% QoQ to โน855.7 cr; approves dividend
โข Adani Green Energy Q2 Results: Net profit surges 149% on year to โน371 crore
โข Most apparel makers expect up to 25% less demand this festive season: CMAI
โข GST authorities probing Raymond's consumer care business sale to Godrej
โข Govt plans to set up real-time agri supply-demand model to predict prices
โข Finolex Cables: SC fines Deepak Chhabria; no more action against NCLAT members
Today's Headlines from :
*Economic Times*
๐ Reliance bets big on AI to power its consumer finance business
๐ Blue Star Q2 Results: Net profit jumps 66% YoY to Rs 71 crore
๐ Spandana Shpoorty Financial Q2 Results: Net profit zooms 127% to Rs 125 crore on business expansion
๐ Muthoot Microfin gets Sebi approval for Rs 1,350-crore IPO
๐ Walmart to upgrade 1,400 stores with $9 billion investment
๐ Tata Motors wins Rs 766 crore arbitration award against WBIDC
๐ Sri Lankan government renews Lanka IOC's petroleum licence for 20 years
๐ Aequs gets $54 million investment from Singaporeโs Amansa & NRNโs Catamaran
๐ Malaysia's Petronas, Singapore's GIC and Greenko form a $2 billion green ammonia venture
๐ Blackstone to buy controlling stakes in CARE Hospitals, KIMS health for $1 bn
๐ Vridhi Home Finance secures Rs 150 crore from Elevation Capital
๐ Gaming company Funstop Games secures $1.5 million funding from InfoEdge Ventures
๐ Skyroot Aerospace raises $27.5 million in funding round led by Temasek
*Business Standard*
๐ TVS Motor posts marginal rise in Q2 consolidated net profit to Rs 386 crore
๐ P&G Q1 results: Net profit up 36% at Rs 210.69 cr, revenue at Rs 1,138 cr
๐ Manipal Group invests in Purplle with secondary purchase from JSW Ventures
๐ Lenskart acquires computer vision startup Tango Eye for undisclosed amount
๐ Insurers to provide details of basic features to customers from Jan 1
๐ UP allocates Rs 1k cr to Startup Fund to support innovative biz ventures
๐ FSSAI advises QR code in food labels for visually impaired people
๐ Around 74 million tonnes of food are lost every year in India: Scientists
*Financial Express*
๐ Mutiple EOIs for IMPCL stake sale
๐ APL Apollo Tubes reports Rs 203 cr profit in Q2
๐ Castrol India posts Q3 profit at Rs 194.42 crore, revenue rises 5.5% on-year
๐ Marico Q2 Results: Profit rises by 17.3% to Rs 360 crore, revenue dips marginally on weak demand
๐ Indiaโs AU Small Finance Bank to buy peer Fincare in $530 million all-stock deal
๐ Kerala releases draft export policy
*Mint*
๐ Apple nears $10 bn India revenue
๐ Centre takes steps to cool onion prices amid fresh supply shock
๐ NGO Unnati to raise โน2 cr via listing
๐ General Motors, UAW agree on tentative deal to end workers' strike
๐ Triveni Engineering Q2 results: Net profit slumps 98% to โน29.1 crore
๐ Rolex acquires building housing rival Omega on priciest Geneva street for $133mn
๐ McDonald's Q3 results: Revenue jumps 14% at $6.69 billion
๐ DLF Q2 Results: Net profit up 30.6% at โน623 crore, revenue up 3.5%
๐ Road InvIT AUM to double next fiscal, says Crisil report
๐ Adani Green Energy Q2 Results: Net profit surges 149% on year to โน371 crore.
*Economic Times*
๐ Reliance bets big on AI to power its consumer finance business
๐ Blue Star Q2 Results: Net profit jumps 66% YoY to Rs 71 crore
๐ Spandana Shpoorty Financial Q2 Results: Net profit zooms 127% to Rs 125 crore on business expansion
๐ Muthoot Microfin gets Sebi approval for Rs 1,350-crore IPO
๐ Walmart to upgrade 1,400 stores with $9 billion investment
๐ Tata Motors wins Rs 766 crore arbitration award against WBIDC
๐ Sri Lankan government renews Lanka IOC's petroleum licence for 20 years
๐ Aequs gets $54 million investment from Singaporeโs Amansa & NRNโs Catamaran
๐ Malaysia's Petronas, Singapore's GIC and Greenko form a $2 billion green ammonia venture
๐ Blackstone to buy controlling stakes in CARE Hospitals, KIMS health for $1 bn
๐ Vridhi Home Finance secures Rs 150 crore from Elevation Capital
๐ Gaming company Funstop Games secures $1.5 million funding from InfoEdge Ventures
๐ Skyroot Aerospace raises $27.5 million in funding round led by Temasek
*Business Standard*
๐ TVS Motor posts marginal rise in Q2 consolidated net profit to Rs 386 crore
๐ P&G Q1 results: Net profit up 36% at Rs 210.69 cr, revenue at Rs 1,138 cr
๐ Manipal Group invests in Purplle with secondary purchase from JSW Ventures
๐ Lenskart acquires computer vision startup Tango Eye for undisclosed amount
๐ Insurers to provide details of basic features to customers from Jan 1
๐ UP allocates Rs 1k cr to Startup Fund to support innovative biz ventures
๐ FSSAI advises QR code in food labels for visually impaired people
๐ Around 74 million tonnes of food are lost every year in India: Scientists
*Financial Express*
๐ Mutiple EOIs for IMPCL stake sale
๐ APL Apollo Tubes reports Rs 203 cr profit in Q2
๐ Castrol India posts Q3 profit at Rs 194.42 crore, revenue rises 5.5% on-year
๐ Marico Q2 Results: Profit rises by 17.3% to Rs 360 crore, revenue dips marginally on weak demand
๐ Indiaโs AU Small Finance Bank to buy peer Fincare in $530 million all-stock deal
๐ Kerala releases draft export policy
*Mint*
๐ Apple nears $10 bn India revenue
๐ Centre takes steps to cool onion prices amid fresh supply shock
๐ NGO Unnati to raise โน2 cr via listing
๐ General Motors, UAW agree on tentative deal to end workers' strike
๐ Triveni Engineering Q2 results: Net profit slumps 98% to โน29.1 crore
๐ Rolex acquires building housing rival Omega on priciest Geneva street for $133mn
๐ McDonald's Q3 results: Revenue jumps 14% at $6.69 billion
๐ DLF Q2 Results: Net profit up 30.6% at โน623 crore, revenue up 3.5%
๐ Road InvIT AUM to double next fiscal, says Crisil report
๐ Adani Green Energy Q2 Results: Net profit surges 149% on year to โน371 crore.
๐1
*India Daybook โ Stocks in News*
*P&G:* Net profit up 36.5% Rs 210.7 cr, Revenue up 8.9% at Rs 1,138.4 cr YoY (Positive)
*TVS Motors:* Net profit at Rs 536.6 cr vs poll Rs 520.0 cr, Revenue at Rs 8144.0 cr vs poll Rs 8184.0 cr YoY (Positive)
*DCX System:* Net profit up 49% at Rs 20.0 cr, Revenue up 78% at Rs 309.0 cr YoY (Positive)
*Vesuvius:* Net profit at Rs 60 cr vs Rs 36.0 cr, Revenue up at Rs 413.0 cr vs Rs 352.0 cr YoY (Positive)
*Vaibhav Global:* Net profit at Rs 29.4 cr vs Rs 22.9 cr, Revenue up at Rs 700.0 cr vs Rs 646.0 cr YoY (Positive)
*De Nora:* Net profit at Rs 6.4 cr vs Rs 1.6 cr, Revenue up at Rs 19.1 cr vs Rs 14.4 cr YoY (Positive)
*Nelcast:* Net profit at Rs 16.6 cr vs Rs 12.1 cr, Revenue up at Rs 358.0 cr vs Rs 329.0 cr YoY (Positive)
*Mangalore Chem:* Net profit at Rs 67.0 cr vs loss Rs 32.2 cr, Revenue up at Rs 141.0 cr vs Rs 283.0 cr YoY (Positive)
*SIS:* Net profit at Rs 75.3 cr vs Rs 67.4 cr, Revenue up at Rs 3074.0 cr vs Rs 2768.0 cr YoY (Positive)
*Spandana:* Net profit at Rs 116 cr vs Rs 49.5 cr, Revenue at Rs 584.0 cr vs Rs 281.0 cr YoY (Positive)
*Tata Motors:* Arbitral tribunal rules in favour of company and Tribunal asked West Bengal Industrial Development to pay Tata Motors Rs 766 cr + interest at 11% (Positive)
*Chemplast Sanmar:* Company's chemicals division gets LoI to manufacture pipeline Active Ingredient. (Positive)
*Bajaj Hindusthan:* Company gets Rs 1,361 crore order toward cane payment arrears from Uttar Pradesh Power Corp (Positive)
*Triveni Eng:* Net profit down 97.9% at Rs 29.1 cr vs Rs 1,388 cr, Revenue up 9.9% at Rs 1,617.4 cr vs Rs 1,471.6 cr (YoY) (Neutral)
*GMR Airports:* Net loss of Rs 190.4 cr vs loss of Rs 197.1 cr, Revenue up 30.3% at Rs 2,063.5 cr vs Rs 1,583.6 cr YoY (Neutral)
*Castrol:* Net profit up 3.8 at Rs 194.4 cr Vs Rs 187.2 cr, Revenue up 5.5% at Rs 1,183 cr Vs Rs 1,121 cr (YoY) (Neutral)
*Sterling Tools:* Net profit down 24.7% at Rs 12.5 Cr vs Rs 17 cr, Revenue up 17.7% at Rs 210.2 Cr Vs Rs 178.6 cr (YoY) (Neutral)
*DLF:* Net profit up 30.6% at Rs 622.8 cr vs Rs 477 cr, Revenue up 3.5% At Rs 1,347.7 Cr Vs Rs 1,302.3 cr (YoY) (Neutral)
*APL Apollo:* Net profit up 35% at Rs 203.0 cr, Revenue up 17% at Rs 4630.0 cr YoY (Neutral)
*LG Balakrishnan:* Net profit up 12.4% at Rs 75.5 cr vs Rs 67 cr, Revenue up 3.8% at Rs 600 cr vs Rs 578 cr (YoY) (Neutral)
*Rainbow:* Net profit at Rs 62.9 cr vs Rs 61.1 cr, Revenue at Rs 333 cr vs Rs 313 cr YoY (Neutral)
*Marico:* Net profit at Rs 360.0 cr vs poll Rs 346.0 cr, Revenue at Rs 2476.0 cr vs poll Rs 2464.0 cr YoY (Neutral)
*DCM Shriram:* Company to set up sugar plant at Loni, Uttar Pradesh. (Neutral)
*Colgate:* Company gets Transfer Pricing Order from the Income Tax Authority for AY22; income Tax liability of Rs 170 Cr
*DCM Shriram:* Net profit down 75% at Rs 32.0 cr, Revenue down 2% at Rs 2708.0 cr YoY
*Fine Organics:* Net profit down 49% at Rs 103.0 cr, Revenue down 41% at Rs 540.0 cr YoY
*Ramco Systems:* Net loss at Rs 145.8 cr vs Rs 46.8 cr, Revenue down 9.1% at Rs 126.8 cr vs Rs 139.5 cr (YoY)
*P&G:* Net profit up 36.5% Rs 210.7 cr, Revenue up 8.9% at Rs 1,138.4 cr YoY (Positive)
*TVS Motors:* Net profit at Rs 536.6 cr vs poll Rs 520.0 cr, Revenue at Rs 8144.0 cr vs poll Rs 8184.0 cr YoY (Positive)
*DCX System:* Net profit up 49% at Rs 20.0 cr, Revenue up 78% at Rs 309.0 cr YoY (Positive)
*Vesuvius:* Net profit at Rs 60 cr vs Rs 36.0 cr, Revenue up at Rs 413.0 cr vs Rs 352.0 cr YoY (Positive)
*Vaibhav Global:* Net profit at Rs 29.4 cr vs Rs 22.9 cr, Revenue up at Rs 700.0 cr vs Rs 646.0 cr YoY (Positive)
*De Nora:* Net profit at Rs 6.4 cr vs Rs 1.6 cr, Revenue up at Rs 19.1 cr vs Rs 14.4 cr YoY (Positive)
*Nelcast:* Net profit at Rs 16.6 cr vs Rs 12.1 cr, Revenue up at Rs 358.0 cr vs Rs 329.0 cr YoY (Positive)
*Mangalore Chem:* Net profit at Rs 67.0 cr vs loss Rs 32.2 cr, Revenue up at Rs 141.0 cr vs Rs 283.0 cr YoY (Positive)
*SIS:* Net profit at Rs 75.3 cr vs Rs 67.4 cr, Revenue up at Rs 3074.0 cr vs Rs 2768.0 cr YoY (Positive)
*Spandana:* Net profit at Rs 116 cr vs Rs 49.5 cr, Revenue at Rs 584.0 cr vs Rs 281.0 cr YoY (Positive)
*Tata Motors:* Arbitral tribunal rules in favour of company and Tribunal asked West Bengal Industrial Development to pay Tata Motors Rs 766 cr + interest at 11% (Positive)
*Chemplast Sanmar:* Company's chemicals division gets LoI to manufacture pipeline Active Ingredient. (Positive)
*Bajaj Hindusthan:* Company gets Rs 1,361 crore order toward cane payment arrears from Uttar Pradesh Power Corp (Positive)
*Triveni Eng:* Net profit down 97.9% at Rs 29.1 cr vs Rs 1,388 cr, Revenue up 9.9% at Rs 1,617.4 cr vs Rs 1,471.6 cr (YoY) (Neutral)
*GMR Airports:* Net loss of Rs 190.4 cr vs loss of Rs 197.1 cr, Revenue up 30.3% at Rs 2,063.5 cr vs Rs 1,583.6 cr YoY (Neutral)
*Castrol:* Net profit up 3.8 at Rs 194.4 cr Vs Rs 187.2 cr, Revenue up 5.5% at Rs 1,183 cr Vs Rs 1,121 cr (YoY) (Neutral)
*Sterling Tools:* Net profit down 24.7% at Rs 12.5 Cr vs Rs 17 cr, Revenue up 17.7% at Rs 210.2 Cr Vs Rs 178.6 cr (YoY) (Neutral)
*DLF:* Net profit up 30.6% at Rs 622.8 cr vs Rs 477 cr, Revenue up 3.5% At Rs 1,347.7 Cr Vs Rs 1,302.3 cr (YoY) (Neutral)
*APL Apollo:* Net profit up 35% at Rs 203.0 cr, Revenue up 17% at Rs 4630.0 cr YoY (Neutral)
*LG Balakrishnan:* Net profit up 12.4% at Rs 75.5 cr vs Rs 67 cr, Revenue up 3.8% at Rs 600 cr vs Rs 578 cr (YoY) (Neutral)
*Rainbow:* Net profit at Rs 62.9 cr vs Rs 61.1 cr, Revenue at Rs 333 cr vs Rs 313 cr YoY (Neutral)
*Marico:* Net profit at Rs 360.0 cr vs poll Rs 346.0 cr, Revenue at Rs 2476.0 cr vs poll Rs 2464.0 cr YoY (Neutral)
*DCM Shriram:* Company to set up sugar plant at Loni, Uttar Pradesh. (Neutral)
*Colgate:* Company gets Transfer Pricing Order from the Income Tax Authority for AY22; income Tax liability of Rs 170 Cr
*DCM Shriram:* Net profit down 75% at Rs 32.0 cr, Revenue down 2% at Rs 2708.0 cr YoY
*Fine Organics:* Net profit down 49% at Rs 103.0 cr, Revenue down 41% at Rs 540.0 cr YoY
*Ramco Systems:* Net loss at Rs 145.8 cr vs Rs 46.8 cr, Revenue down 9.1% at Rs 126.8 cr vs Rs 139.5 cr (YoY)
๐1