Tuesday 4 October 2022

Allies Fin Serve Stock Market Channel's Post

*India Daybook – Stocks in News*


*Hind Zinc:* Q2 refined metal #production up 18% at 2.46 lakh tonne Vs 2.09 lakh tonne (YoY) (Positive)

*DMart:* Q2 Standalone revenue from ops at Rs 10,385 cr vs Rs 7,650 cr YoY (Positive)

*NCC:* Company has received a new order for Rs. 393 crore (exclusive of GST) in the month of September 2022. (Positive)

*KEC International:* Company bags new orders worth ₹1,407 crore (Positive)

*MGL:* CNG Price Up By Rs 6 To Rs 86/kg PNG Price Up By Rs 4 To Rs 52.50/scm. (Positive)

*Oil upstream stocks:* Crude prices jumped more than 4 percent overnight (Positive)

*M&M Fin:* Disbursement At Approximately Rs 4080 Crores, YoY Growth Of Over 100% (Positive)

*Kirloskar Electronics:* To Sell Land In Karnataka For Rs 95.1 Crore (Positive)

*Info Edge:* Company to invest Rs 135.4 cr via share purchase in Sunrise Mentors (Positive)

*Gravita India:* There are no plans of stake sale by the promoter or promoter group. (Positive)

*DBL:* Company receives Letter of Acceptance from Gujarat Metro Rail Corporation for ₹1,061 crore Surat Metro Rail project (Positive)

*Max India:* Cassini Partners LP acquired 9.66 lakh shares and 238 Plan Associates LLC bought 2.34 lakh shares in the company (Positive)

*Infosys:* Company to announce second quarter results on October 13. (Neutral)

*Bombay Dyeing:* Board Approves Raising Of Funds Worth Rs 200 Crores Via Rights Issue. (Neutral)

*Indusind Bank:* Deposits at Rs 3.15 lk cr, up 15% YoY & up 4% (QoQ) (Neutral)

*Indiabulls Housing Finance:* Company hikes lending rates by 50 bps (Neutral)

*ICICI Bank:* Hikes lending rates by 10 bps across tenures, hikes external benchmark lending rate by 15 bps to 9.25% (Neutral)

*GAIL:* Company appoints Sandeep Kumar Gupta as Chairman & MD. (Neutral)

*Bank of Maharashtra:* Q2 advances (provisional) at ₹1.48 lakh crore vs ₹1.41 lakh crore (QoQ) (Neutral)

*South Indian Bank* sees a 17% increase YoY in gross advances in Q2 while deposits remain flat (Neutral)

*Britannia:* Company acquires control of Kenafric Biscuits (Neutral)

*Vedanta:* Q2 total aluminium production up 2% at 5.84 lakh tonnes Vs 5.70 lakh tonnes (YoY) (Neutral)

*HDFC:* Loans assigned in Q2 amount to ₹ 9,145 crore Vs ₹ 7,132 crore (YoY) (Neutral)

*Quess Corp:* Appoints Kamal Pal Hoda as Group CFO (Designate) with immediate effect (Neutral)

*Marico:* Consolidated revenue in September FY23 quarter grew in low single digits on a year-on-year basis (Neutral)

*Adani Green Energy:* Says its unit incorporated three new units to produce, sell, distribute renewable energy (Neutral)

*Oil downstream stocks:* Crude prices jumped more than 4 percent overnight
By: via Allies Fin Serve Stock Market Channel

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*India Daybook – Stocks in News* *Kirloskar Oil:* Net profit up 86.1% at ₹146.8 cr vs ₹78.9 cr (YoY) Revenue up 20% at ₹1,660 cr vs ₹1,383...