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💢Mostly positive start to Asia-Pac trade following the rebound of stocks stateside, with outperformance in the ASX 200 which climbed to fresh all-time highs, while gains for regional peers are capped amid quiet catalysts: ASX 200 (+1.1%), Nikkei 225 (-0.1%), KOSPI (+0.1%)

💢Stocks in Ban: bandhanbnk, chamblfert, gnfc, granules, hindcopper, idfcfirstb, iex, Itf, manappuram, nationalum, pnb, rblbank, sail, tatachem.

💢Stock to Watch: NBCC, RVNL, Bajaj Auto, Pondy Oxides & Chemicals, L&T Technology Services, Jio Financial Services, GMR Airports, Dynamic Services & Security, Accelya Solutions, Aditya Birla Money, Bansal Wire Industries, Servotech Power Systems, Crisil, Capital India Finance, Bikaji Foods International, Cochin Shipyard, Oberoi Realty, Ultratech Cement, Adani Energy Solutions, Pavna Industries, Capri Global Capital, Oriana Power, Kolte-Patil Developers, Dudigital Global, Reliance Industries, Railtel Corp, Bharti Airtel, Saurashtra Cement, Blue Cloud Softech Solution, EIH, Aditya Birla Fashion, Jagsonpal Pharma, Ircon International, The Phoenix Mills.

💥Nbcc: co received order worth 252.5m rupees

💥Rvnl: co emerges as lowest bidder (11) from maharashtra metro rail corporation co emerges as lowest bidder for project worth 2.7b rupees

💥Bajaj auto: q2 sl net profit 20.05b rupees vs 18.36b (yoy); est 22.3b q2 revenue 131.3b rupees vs 108.8b (yoy); est 133b co approved additional investment in equity share capital of bajaj brazil additional investment of up to $10m in brazil unit

💥Pondy oxides & chemicals: q2 sl net profit 174m rupees vs 82m (yoy); 145m (qoq) q2 revenue 5.8b rupees vs 4b (yoy); 4.4b (qoq)

💥L&t technology services: q2 cons net profit 3.2b rupees vs 3.14b (qoq); est 3.4b q2 revenue 25.73b rupees vs 24.6b (qoq); est 25.8b co declared dividend of 17 rupees per share co says reaffirm our fy25 guidance of 8-10% revenue growth in constant currency

💥Jio financial services: blackrock talking to ambani's jiofin for private credit unit blackrock, jiofin in talks for 50-50 credit venture - bbg

💥Gmr airports: co says sept total passenger traffic up 9% (yoy)

💥Dynamic services & security: co unit mehai technology starts ops of rail neer plant in andhra pradesh plant granted operational approval by irctc

💥Accelya solutions: q2 cons net profit 325m rupees vs 315m (yoy); 312m (qoq) q2 revenue 1.3b rupees vs 1.3b (yoy); 1.3b (qoq)

💥Aditya birla money: q2 sl net profit 267m rupees vs 119.2m (yoy); 164m (qoq) q2 revenue 1.26b rupees vs 963.6m (yoy); 1.18b (qoq)

💥Bansal wire industries: co entered into agreement with adfactors pr

💥Servotech power systems: co collaborates with uk-based ensmart power to expand ev charger business in the uk and beyond

💥Crisil: q2 cons net profit 1.7b rupees vs 1.5b (yoy); 1.5b (qoq) q2 revenue 8.12b rupees vs 7.4b (yoy): 8b (qoq) co declared dividend of 15 rupees per share co says approved merging bridge to india energy with crisil

💥Capital india finance: co announces strategic sale of housing finance subsidiary for 2.67b rupees to deepen focus and expand core business

💥Bikaji foods international: co unit to invest 1.31b rupees in hazelnut factory food products co unit to acquire 53.02% stake in hazelnut factory food products; entity being acquired belongs to food and beverage (f&b) industry

💥Cochin shipyard: india govt to exercise oversubscription option in cochin shipyard stake sale india govt to sell additionally up to 2.5% stake in cochin shipyard under oversubscription option exchange filing

💥Oberoi realty: co board approved issuance of ncds of upto 15b rupees on private placement basis

💥Ultratech cement: co says commissioning of an additional 1.2 mtpa grinding capacity at arakkonam unit co says total cement capacity has reached 156.06 mtpa

💥Adani energy solutions: co issues clarification with regard to the media report, "adani energy signs. pact to operate electricity transmission lines in kenya co says transaction referred to in the news article does not require a disclosure under regulation 30 of the sebi regulations, 2015 co says we have made and will continue to make disclosures in compliance with our obligations under listing regulations and our agreements with the stock exchanges

💥Pavna industries: co approved further raising of funds up to 4.11b rupees, raising of funds by way of preferential issue co approves increase in foreign institutional investor holding limits to upto 49%

💥Capri global capital board meeting on oct 29 to consider issue of neds of upto 10b rupees

💥Oriana power; co awarded new contract aggregating to 75mw(ac) solar power plant co says project granted cfa (subsidy) of about 780m rupees, co says size of the order tentative/ estimated cost of construction is 3.75b rupees

💥Kolte-patil developers: operational update for q? & hl fy25-q2fy25 sales value at rs. 770 crore; h1fy25 collections at rs. 1,162 crore q2 collections up 16% (yoy), q2 realization up 16% (yoy)

💥Dudigital global: co to open a visa application. centre (vac) for thailand and other countries on 17th oct, 2024, located in lower parel, mumbai co says will manage all visa application processes catering to travellers across visa categories

💥Reliance industries: co says shareholders approve issue of bonus shares co has fixed monday, oct 28, 2024 as the record date for the purpose of determining the equity shareholders of the co eligible for bonus equity shares of the co

💥Railtel corp: co says received work order for 142.1m rupees from icds commissioner. maharashtra; received another work order for 216.4m rupees from controller general of defence accounts (cgda) co received another work order for 514.1m rupees from kavaratti smart city ltd

💥Railtel corp: co says received work order for 142.1m rupees from icds commissioner, maharashtra; received another work order for 216.4m rupees from controller general of defence accounts (cgda) co received another work order for 514.1m rupees from kavaratti smart city Itd

💥Bharti airtel: nokia in talks with bharti airtel for multi-billion dollar 5g contract airtel is also in talks with samsung to buy 5g equipment-rtrs, citing sources co says agreement for acquisition of 26% stake in amp energy c&l thirty; deal for 78.6m rupees entity being acquired belongs to power sector

💥Saurashtra cement: co says co's kiln situated at the ranavav plant, gujarat is under shut down for the annual maintenance from 2 aug, 2024 for about 25 days co says cement dispatches will continue from the ranavav plant co says cement plant situated at sidheegram, gujarat is operational

💥Blue cloud softech solution: co says sub-division (split) of equity share of the co having a face value of rs. 2/- each into one (1) equity share of face value of re. 1/-each

💥Eih: co board has decided to invest upto 100% stake in eih london investments limited upto gbp 69 mn

💥Aditya birla fashion: co unit infused 750m rupees into wrogn private itd co unit increased shareholding in wrogn from existing 17.10% to 32.84%

💥Jagsonpal pharma: board meeting on oct 23 to consider q2 results & proposal for sub-division/ split of existing equity shares of the company having a face value of rupees 5/- each, fully paid up

💥Ircon international: co signed memorandum of understanding with patel engineering mou to explore various infrastructure projects in india,overseas

💥The phoenix mills: co unit has entered into security subscription and shareholders' agreement with 02 renewable energy xxix total consideration of 38.3b rupees, entity being acquired belongs to solar power generation sector

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💢Mixed start to Asia-Pac trade following the similar indecisive performance stateside and as the region braces for a slew of releases from China including GDP and activity data: ASX 200 (-0.6%), Nikkei 225 (+0.5%), KOSPI (+0.1%)

💢Earnings today: Aether Industries, BENARES HOTELS, ELECON ENGINEERING CO, GANESH HOUSING CORP, GNA Axles, ICICI Lombard General Insurance Co, Indostar Capital Finance, JINDAL SAW, Jio Financial Services, KESORAM INDUSTRIES, Ksolves India, L&T Finance, Manba Finance, MASTEK, MANGALORE REFINERY & PETROCHEMICALS, OBEROI REALTY, ONWARD TECHNOLOGIES, Raghav Productivity Enhancers, Tata Consumer Products, Tejas Networks, ZEE ENTERTAINMENT ENTERPRISES.

💢Stocks in ban: Bandhanbnk, Chambifert, Gnfc, Granules, Hindcopper, Idfcfirstb, lex, Ltf, Manappuram, Nationalum, Pnb, Rblbank, Sail, Tatachem

💢Stock to Watch: Infosys, Wipro, Ltimindtree, Axis Bank, Indraprastha Gas, Maithan Alloys, Power Grid Corp, 5paisa Capital, Zomato, Sterlite Technologies, Western Carriers (India), MTNL, Muthoot Capital Services, Mahanagar Gas, Landmark Cars, Marico, Religare Enterprises, Diamond Power Infra, Polycab India, Tanla Platforms, Tata Chemicals, Shemaroo Entertainment, Steel Exchange India, BLS International Services, Adani Enterprises, Ceat, Aether Industries, Zydus Lifesciences, Nitco, Reliance Industries, Mankind Pharma, Quick Heal Technologies

💥Infosys: q2 cons net profit 65.1b rupees vs 63.7b (qoq); est 67.55b q2 revenue 409.9b rupees vs 393b (qoq); est 408.78b co declared an interim dividend of 21 rupees per equity share

💥Wipro: q2 cons net profit 32.09b rupees vs 30.03b (qoq) q2 revenue 223b rupees vs 219.6b (qoq); est 222.48b co approves issue of bonus shares in ratio of 1:1

💥Ltimindtree: q2 cons net profit 12.5b rupees vs 11.34b (qoq); est 12.27b q2 revenue 94.32b rupees vs 91.43b (qoq); est 94.5b co declared an interim dividend of 20 rupees per equity share co approved closure of units Itimindtree spain s.L. And Itimindtree IIc

💥Axis bank: q2 sl net profit 69.18b rupees vs 58.64b (yoy); est 54b | 60.35b (qoq) q2 interest earned 304.2b rupees vs 266.26b (yoy); 300.6b (qoq) II q2 provisions at 22.04b rupees vs 20.4b (qoq) II q2 gnpa 1.44% vs 1.54% (qoq) q2 nnpa 0.34% vs 0.34% (qoq) q2 interest earned 304.2b rupees vs 266.26b (yoy), 300.6b (qoq)

💥Indraprastha gas: co says there has been a major reduction in domestic gas allocation to co; revised domestic gas allocation to co is about 21% lesser than previous allocation co in discussion with key stakeholders to minimize impact

💥Maithan alloys: co says production at byrnihat unit will be resumed by next week and gradually scaled up

💥Power grid corp: board meeting on oct 22 to consider issue of unsecured, non-convertible, non-cumulative, redeemable, taxable bonds as "powergrid bond - Ixxix (79th) issue" (ncd) under private placement

💥5paisa capital: q2 cons net profit 219m rupees vs 190m (yoy); 201m (qoq) q2 revenue 1.01b rupees vs 969m (yoy); 1.02b (qoq)

💥Zomato: board meeting on oct 22 to consider raising of funds by issuance of equity shares by way of qualified institutions placement

💥Sterlite technologies: stl embeds nvidia edge ai into its fibre optics sensing solution co says ai-fos solution will be a game changer for network monitoring and for securing assets, perimeters, and strategic infrastructure

💥Mtnl: co says punjab and sind bank informed that accounts of co has turned into npa

💥Muthoot capital services: board meeting on oct 22 to consider issuance of ncds up to 2.5b rupees on private placement basis

💥Mahanagar gas: co says allocation to co for cng reduced by about 20%, effective oct 16; cng allocation reduction will have adverse impact on profitability of co co says exploring options of sourcing gas via domestically produced hpht, nwg

💥Landmark cars: co strengthens its partnership with byd co says has received a letter of intent from byd india pvt ltd for opening a showroom in the city of faridabad in haryana

💥Marico: co says incorporated subsidiary cocosecrets consumer care llc in delaware, usa entity being acquired belongs to fmcg and consumer products sector

💥Religare enterprises: societe generale odi name appear with 1.54% stake in co during q2

💥Diamond power infra: co wins order worth 99cr rupees

💥Polycab india: q2 cons net profit 4.4b rupees vs 4.3b (yoy); est 4.47b, 3.95b (qoq) q2 revenue 55b rupees vs 42.2b (yoy)

💥Tanla platforms: q2 cons net profit 1.3b rupees vs 1.42b (yoy); 1.41b (qoq) q2 revenue 10b rupees vs 10.08b (yoy)

💥Tata chemicals: q2 cons net profit 1.94b rupees vs 4.28b (yoy), 1.35b (qoq) q2 revenue 40b rupees vs 39.98b (yoy)

💥Shemaroo entertainment: q2 sl net loss 269m rupees vs profit 46m (yoy) q2 revenue 1.52b rupees vs 1.91b (yoy)

💥Steel exchange india: q2 sl net profit 27.2m rupees vs loss 36m (yoy); profit 25.8m (qoq) q2 revenue 2.61b rupees vs 2.69b (yoy)

💥Bls international services: co completed acquisition of 51% equity shares of slw media

💥Adani enterprises: co raises usd 500m primary equity to further its growth plans issue oversubscribed ~ 4.2x with participation from international and domestic investors

💥Ceat: q2 cons net profit 1.2b rupees vs 2b (yoy); 1.5b (qoq) q2 revenue 33.05b rupees vs 30.5b (yoy) co says approval for issue of non-convertible debentures of upto 5b rupees co says approves setting up of an entity in indonesia

💥Aether industries: co says commissioning of further 5 mw solar power project facility

💥Zydus lifesciences: co receives final approval from usfda for fludrocortisone acetate tablets usp, 0.1 mg fludrocortisone acetate tablets had annual sales of usd19.9m in the united states (iqvia mat july 2024)

💥Nitco: co entered into one-time settlement with lic for its debt facilities co paid one-time settlement amount towards its entire dues outstanding with lic

💥Reliance industries: mothercare plcco, reliance brands holding uk limited entered deals to create new joint venture in uk mothercare- jv shall own co's intellectual property assets in india, nepal, sri lanka, bhutan & bangladesh; mothercare strikes £30m deal with reliance - skynews

💥Mankind pharma: co issues series of commercial papers worth upto 30 bln, 5 bln, 15 bln rupees

💥Quick heal technologies: q2 cons net profit 41.5m rupees vs 129m (yoy); 40.3m (qoq)|| q2 revenue 734.9m rupees vs 783.6m (yoy); 702.9m (qoq)