Friday 28 October 2022

Allies Fin Serve Stock Market's Post

*India Daybook – Stocks in News*


*Tata Chemicals:* Net profit at Rs 680 cr vs Rs 268 cr, Revenue up 40.3% at Rs 4,239 cr vs Rs 3,022 cr (YoY) (Positive)

*Dhanuka Agritech:* Company to consider share buyback through tender route on Nov 1 (Positive)

*Infibeam Avenues:* Company gets RBI’s approval for payment aggregator licence (Positive)

*Vedanta:* 10-year extension for Vedanta of the Production Sharing Contract (PSC) for its Rajasthan gas block (Positive)

*Eros Media World:* Collaborates with Ministry of Investment in Kingdom of Saudi Arabia to explore opportunities in Film & Entertainment content production (Positive)

*Anupam Rasayan:* Net profit up 15.2% at Rs 41.5 cr Vs Rs 36 cr, Revenue up 55.2% at Rs 386.2 cr Vs Rs 248.9 cr (YoY) (Positive)

*Newgen Software:* Marathon Edge India Fund I acquired additional 20 lakh equity shares in the company (Positive)

*LT Foods:* Bright Metal Refiners bought 19.3 lakh shares at Rs 133.12/ share (Positive)

*IDBI Bank:* Amendment to the Preliminary Information Memorandum for inviting Expression of Interest (Positive)

*Vascon:* Signed its 1st Redevelopment Project for Ohm Sainath Cooperative Housing Society located at Santacruz (Positive)

*Zee Ent:* Groups agree to sell 3 Hindi channels to address anti-competition concerns (Positive)

*Sigachi Ind:* Cons Rev 82.5 cr vs 57.2 cr; up 44.2 % YoY Cons PAT 13.6 cr vs 9.9 cr; up 37% YoY (Positive)

*Gokaldas:* Cons Rev 569 cr vs 444 cr YoY; up 30%. Cons PAT 45.8 cr vs 28.6 cr YoY (Positive)

*Grasim Ind:* Company to consider raising funds Via NCDs on Nov 1 (Neutral)

*Nykaa:* Company appoints Rajesh Uppalapati as CTO w.e.f November 1 (Neutral)

*ABAMC:* Profit up 10.8% at Rs 191.7 cr Vs Rs 173.1 cr, Revenue down 6.3% at Rs 311.1 cr Vs Rs 332 cr (YoY) (Neutral)

*Spandana Sphoorty:* Company to consider raising funds via bond issue On November 01 (Neutral)

*Indus Tower:* Revenue at Rs 7,966.6 cr Vs Rs 6,897.3 cr (QoQ) Profit at Rs 871.8 cr Vs Rs 477.3 cr (QoQ) (Neutral)

*SBI Card:* Net profit up 52.4% at Rs 525.6 cr Vs Rs 344.9 cr (YoY) Revenue up 28% at Rs 3,297.1 cr Vs Rs 2,576.2 cr (YoY) (Neutral)

*CE Info Systems:* Recorded flat profit at Rs 25.37 crore for the Q2FY23 against Rs 25.39 crore YoY (Neutral)

*PC Jeweller:* Defaults on Rs 3,470 cr loan facilities in the July-Sep quarter

*Supreme Petrochem:* The company has reported a 53% year-on-year decline in standalone profit at Rs 59.64 crore for Q2FY23
By: via Allies Fin Serve Stock Market

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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...