• India’s Rate-Setting Panel to Hold Surprise Meet Next Week
o MPC said to to discuss inflation letter to govt: sources
• India’s Fertilizer Subsidy May Swell to $31 Billion on Gas Costs
• India Regulator Suggests Commercial Cultivation of GM Mustard
• India Textile Sector Aims Exports of $100b in 5-6 years: Goyal
• Dr Reddy’s to Report Results; Shares Down 8.4% YTD: Preview
• Yen Depreciation, Cooling Costs to Help Maruti Suzuki: Preview
• Tata Power to Report Results; Shares Up 1.4% YTD: Preview
• Vedanta to Report Results; Shares Down 14.5% YTD: Preview
• Global Funds Buy Net 28.2B Rupees of India Stocks Thursday: NSE
o Domestic funds sell net 15.8b rupees of stocks
• JioMart on WhatsApp a big opportunity for us, says Mark Zuckerberg: Economic Times
• India to see biggest jump in energy demand globally, IEA: PTI
• Byju’s borrows 3 billion rupees from Aakash for ‘principal business activities’: Mint
• PM likely to lay foundation of ArcelorMittal’s Hazira plant expansion project Friday: PTI
• Hindustan Motors, European partner complete due diligence for EV project: PTI
• Anupam Rasayan (ANURAS): 2Q group profit 478.1m rupees vs. 360.5m year ago
• CE Info Systems (MAPMYIND): 2Q net profit 254.1m rupees vs 253.9m year ago; revenue 763.1m vs 566.8m
• Dhanuka Agritech (DAGRI): To consider share buyback proposal on Nov. 21, through Tender Offer
• Indus Towers (INDUSTOW): 2Q net income -44% Y/y to 8.72b rupees, misses est. 14.07b; revenue +16% to 79.7b
• Motilal Oswal Financial (MOFS): Says Motilal Oswal Finvest plans to raise as much as INR9b via bonds
• PNB Housing Finance (PNBHOUSI): 2Q net income 2.63b rupees Vs. 2.33b Y/y; revenue +6.4% to 16.7b; Gross NPA 6.06% vs. 6.35% q/q
• SBI Cards (SBICARD):2Q net income +52% Y/y to 5.26b rupees, misses est. 6.27b; revenue +28% to 33b
• Spandana Sphoorty (SPANDANA): Board to consider bond issue on Nov. 1
• Tata Chemicals (TTCH): 2Q net income 6.28b rupees vs. 2.21b y/y, beats est. 5.18b; revenue +40% to 42.4b
• Vedanta (VEDL): Gets 10-years extension from May 15, 2020, for production sharing contract for Rajasthan oil block
By: via Allies Fin Serve Stock Market
