India Daybook – Stocks in News
Century Tex: Net profit up 60.2% at ₹71.6 cr vs ₹44.7 cr, Revenue up 21.3% at ₹1,210.8 cr vs ₹998 cr (YoY) (Positive)
ICICI Bank: Net Profit At Rs 7,557.8 Cr Vs Poll Of Rs 7,364.8 Cr, Net Interest Income At Rs 14787.0 Cr Vs Poll Of Rs 13950.0 Cr (Positive)
Hero MotoCorp: Company to partner with Terrafirma Motors Corporation (TMC) to sell motorcycles in Phillipines (Positive)
Dabur: Company to acquire 51% stake in Badshah Masala for ₹587.5 cr (Positive)
Trident: Completes New Solar Power Project of 8.87 MWp at Budhni, Madhya Pradesh (Positive)
KSCL: Board to meet today for Consideration Buyback of Shares (Positive)
Punjab Alkalies: Quant Mutual Fund bought 4556962 at 79.00 (Positive)
Intellect: Announced the launch of iESG, a global ESG solution designed for financial institutions (Positive)
Tata Power: Tata Power Renewable Energy Limited (TPREL) has launched off-grid solar solutions in West Bengal, Bihar, and Jharkhand (Positive)
Oil upstream stocks: Oil prices continue climb on strong crude demand, weaker dollar (Positive)
Zydus Life: Receives final approval from the USFDA for Micafungin for Injection (Positive)
IIFL Finance: Revenue at Rs. 2022 cr vs Rs. 1667 cr, up 21.3%. Net Profit at Rs. 397 cr vs Rs. 291 cr, up 36.4% (Positive)
Zee Ent: Groups agree to sell 3 Hindi channels to address anti-competition concerns (Positive)
Defense stocks: Indian Army issues shopping list for 750 drones under emergency procurement (Positive)
Radico Khaitan: Company launches ready-to-drink variants for vodka brand (Positive)
Gland Pharma: Reports Q2 net profit at ₹241.2 cr vs poll of ₹251 cr (Neutral)
Dabur: Company reports Q2 net profit at ₹490.9 cr vs poll of ₹490 cr. EBITDA margin declines by 190 bps to 20.1% (Neutral)
LT Foods: Board meeting on Oct 31 to consider raising funds (Neutral)
Amara Raja: To Be Excluded From Futures & Options (Neutral)
IndusTower: Along With Results Board to Consider Fund Raising Via NCDs (Neutral)
CSB Bank: Nomura Singapore sold 26.4 lakh shares at Rs 232.2/sh. Maybank sec bought 26.4 lakh shares at Rs 232.3/sh (Neutral)
M&M: Mahindra Electric Automobile Limited has been incorporated in Mumbai on 25th Oct, 2022 (Neutral)
PCBL: Revenue at Rs. 1628 cr vs Rs. 1068 cr, up 52.5%. EBITDA at Rs. 189 cr vs Rs. 187 cr, up 1.4% YoY (Neutral)
Dabur: Revenue at Rs. 2986 cr vs Rs. 2818 cr, up 6%.EBITDA at Rs. 601 cr vs Rs. 621 cr, down -3.2% YoY) (Neutral)
Thirumalai: Net profit down 32.2% at ₹34.3 cr vs ₹50.6 cr, Revenue up 19.9% at ₹572.1 cr vs ₹477.1 cr (YoY)
PFC: HDFC MF sold 2.08% stake in co on Oct 21
Glenmark: US FDA has placed the Baddi (India) facility under import alert 66-40
Chennai Petro: Net revenue 19509 cr vs 23162 cr QoQ; down 16%. EBIDTA 228 cr vs 3405 cr QoQ; down 93%
Crompton: Revenue at Rs. 1700 cr vs Rs. 1385 cr, up 22.7%. EBITDA at Rs. 193 cr vs Rs. 214 cr, down -9.8% YoY
By: via Allies Fin Serve Stock Market
