Friday 4 November 2022

Allies Fin Serve Stock Market's Post

• India Sees 220B Rupees Investment in 141 Coal Mines on Auction

• India’s Rate Setters Meet to Explain Inflation Target Miss

• India’s Foreign Minister Jaishankar to Visit Russia From Nov. 7

• Meta’s India Chief Is Leaving Social-Media Giant For New Gig

• Profit at Adani’s Flagship Surges 117% on Rapid Expansion

• World’s Dirtiest Air Makes Delhi Push People to Work From Home

• Profit at Adani’s Flagship More Than Doubles on Rapid Expansion

• Mortgage Lender HDFC’s Profit Top Estimates on Loan Growth

• HDFC AMC Sees India Repo Rate Peaking in Next Few Months

• Brent Oil’s Premium to Dubai Swaps Widens to Biggest Since July

• Byju’s Targets IPO Valuing Tutoring Arm at Up to $4 Billion

o Profitable Aakash offers traditional offline tutoring in India

• Stocks in India Track Asia Lower on Signs of More Fed Tightening

• Global Funds Buy Net INR6.78B of India Stocks Thursday: NSE

o Domestic funds sell net 7.32b rupees of stocks

• Delhi Industries Not Running on Clean Fuel Ordered to Shut: PTI

• Meta India Head Ajit Mohan Departs to Join Snap: TechCrunch

• Adani Enterprises (ADE): 2Q Net Income 4.6B Rupees Vs. 2.12B Rupees Y/y; revenue 381.8b rupees vs. 132.18b y/y

• Ajanta Pharma (AJP): 2Q net income -20% Y/y to 1.57b rupees, est. 1.71b; revenue +6% to 9.38b

• Amara Raja Batteries (AMRJ): 2Q Net Income 2.02B Rupees Vs. 1.44B Rupees Y/y, revenue +19% to 27b

• Bharat Electronics (BHE): Pact with Motorola for Broadband, Push-To- Talk

• Blue Star (BLSTR): 2Q net income +36% Y/y to 425.5m rupees, beats est. 379.5m; revenue +27% to 15.8b

• Hero MotoCorp (HMCL): 2Q Net Income -10% Y/y to 7.16b rupees, misses est. 7.71b; revenue +7.4% to 90.75b

• Rain Industries (RINDL): 3Q Net Income 4.03B Rupees Vs. 2.36B Rupees Y/y

• Sanofi India (SANL): 3Q net income -75% Y/y to 1.31b rupees, -75% y/y, beats est. 1.19b; revenue -8.3% to 6.92b

• SKF India (SKF): 2Q net income 1.56b rupees, revenue +12% to 10.78b

• Vodafone Idea (IDEA): 2Q net loss 76b rupees, est. loss 69.75b, revenue +13% to 106.1b; Net debt 2.2 tln rupees; Ebitda margin 38.6% vs. 41.1% y/y
By: via Allies Fin Serve Stock Market

AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin's Post

*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...