*CVOCA*
*Economic Times*
Reliance Retail ramps up Smart Bazaar stores in small towns
Bank of Maharashtra top among PSU lenders in loan, deposit growth in Q2
Data Patterns (India) Q2 Results: Firm posts 61% YoY rise in profit at Rs 34 crore
Olectra Greentech Q2 PAT nearly triples to Rs 19 cr
CPSE capex up 33% by H1 of FY24, touches Rs 3.79 lakh crore
Assocham to organise B2B meetings with delegation from UAE
CII outlines nine-track plan to transform south India by 2047
Saudi Arabia to continue voluntary one million bpd oil output cut for December
India's power consumption grows 9.4 pc to 984.39 billion units in April-October
Bankers seek legal cover after backing $1.5 trillion of ESG debt
IOC acquires Mercator Petroleum for Rs 148 crore
Reliance returns to oil indexation for KG gas, seeks buyers for 4 mmscmd
*Business Standard*
Avaya to focus on artificial intelligence, grow India talent by 20% in 1 yr
Bankers await closure of Reliance Cap acquisition by Hinduja Group
Gensol Engineering's first electric vehicle to roll out by January 2024
Sundram Fasteners Q2 results: Net profit rises 14% rise to Rs 133 crore
FPI net investment in debt market in October third highest in CY23
Green finance market size could be $5.6 trn by 2047
At 48 hours a week, Indians 6th most hardworking globally: ILO data
India unlikely to have hyperloop trains in future: NITI Aayog's Saraswat
*Financial Express*
Boult Audio eyes Rs 800 crore topline in FY24
FMCG Ebitda margins going strong despite slow volume growth
NimbusPost taps AI to enhance e-comm logistics
Tata Steel seeks financial aid for Netherlands unit; to submit decarbonization proposal to Dutch govt soon
Byju’s core biz revenue up 2.3x, Ebitda loss narrows
JioBharat drives 300% growth in 4G feature phone shipments
Inter-mandi e-NAM trade finally picks up, up 260% in April-Oct
Wipro, TechM shed clients in Asia; focus on America for higher margins
*Mint*
LadurĂ©e’s local arm mulls ₹60 cr offline store expansion
SBI, BoB look to raise more current, savings deposits
GreenLine to invest ₹5,000 cr to acquire LNG trucks for green logistics
Air India leases seven floors of Gurugram building for annual rent of ₹24.05 crore: report
US plans to build new nuclear bomb 24 times powerful than Hiroshima nuke
Power plants’ fuel linkages to reach 1 billion tonne by 2030
Maternity, child care leave rules extended for women in Armed Forces.
By: via Telegram.me/AlliesFin #StockMarket #india
Monday, 6 November 2023
Telegram.me/AlliesFin #StockMarket #india's Post
*India Daybook – Stocks in News*
*JK Cement:* Net profit up 58.5% at Rs 178.1 cr vs Rs 112.4 cr, Revenue up 23.2% at Rs 2,752.8 cr vs Rs 2,233.8 cr (YoY) (Positive)
*Affle:* Net profit up 13.2% at Rs 66.8 cr vs Rs 59 cr, Revenue up 21.7% at Rs 431.3 cr vs Rs 354.5 cr (YoY) (Positive)
*EIH:* Net profit at Rs 93.1 cr vs Rs 25 cr, Revenue up 32.3% at Rs 530 cr vs Rs 401.1 cr (YoY) (Positive)
*Godrej Agro:* Net Profit up 49.9% at Rs 103.9 cr vs Rs 70, Revenue up 5.1% at Rs 2,570.9 cr vs Rs 2,445.3 cr (YoY) (Positive)
*Delhivery:* Net loss at Rs 102.9 cr vs Rs 254.1 cr, Revenue up 8% at Rs 1,941.7 cr vs Rs 1,796 cr (YoY) (Positive)
*JSW Infra:* Net profit up 89% at Rs 254.4 cr vs Rs 135 cr, Revenue up 28.1% at Rs 848.3 cr vs Rs 662 cr (YoY) (Positive)
*Thermax:* Net profit up 45.4% at Rs 159.4 cr vs Rs 109 cr, Revenue up 10.9% at Rs 2,302.5 cr vs Rs 2,075.3 cr (YoY) (Positive)
*Indigo:* Net profit at Rs 189.0 cr vs loss Rs 1583.3 cr, EBITDAR margin at 16.4% Vs 1.8% (YoY) (Positive)
*Data Patterns:* Net profit at Rs.33.79 cr vs Rs.21.05 cr, up 60.5% YoY. (Positive)
*Olectra Greentech:* Net profit at Rs.18.05 cr vs Rs.7.57 cr, up 138.4% YoY (Positive)
*Polymed:* Net profit at Rs.62.18 cr vs Rs.43.49 cr, up 43% YoY. (Positive)
*IKIO Lighting:* Net profit at Rs.18.2 cr vs Rs.11.1 cr, up 64% YoY. (Positive)
*Bank Of India:* Net profit at Rs.1,458 cr vs Rs.960 cr, up 51.9% YoY. (Positive)
*India Glycols:* Net profit at ₹38 cr; revenue at ₹1,870 cr (Positive)
*Greaves Cotton:* Executes pact with Runal Developers to sell its Pune land for Rs 284 cr (Positive)
*Arvind Fashions:* Company intends to utilise the proceeds to invest in growth of its brands portfolio and repayment of debt. (Positive)
*Zomato:* Management says profitability improves further to Rs.36 crore; revenue up YoY in Q2 FY24. (Positive)
*Zydus:* Company gets US FDA approval for ZITUVIMETTM. (Positive)
*Aarti Ind:* Net profit down 26.6% at Rs 91 cr vs Rs 124 cr, Revenue down 13.5% at Rs 1,597 cr vs Rs 1,847 cr (YoY) (Neutral)
*Vedanta:* Net loss at Rs 915 cr vs profit of Rs 2,690 cr, Revenue up 6.4% at Rs 38,546 cr vs Rs Rs 36,237 cr (YoY) (Neutral)
*SBIN:* Net profit at Rs 14,330 cr vs poll of Rs 14,032 cr, NIM at 3.29% vs 3.33% (QoQ) & vs 3.32% (YoY) (Neutral)
*Bank Baroda:* Net profit at Rs 4,252.9 cr vs poll of Rs 3,921 cr, Q2 gross NPA at Rs 33,978.5 cr vs Rs 34,832.2 cr (QoQ) (Neutral)
*Krsnaa Diagnostics:* Net profit down 31.8% at Rs 10.5 cr vs Rs 15 cr, Revenue up 26.3% at Rs 155.4 cr vs Rs 123 cr (YoY) (Neutral)
*Gati:* Net loss of Rs 1.9 cr vs profit of 5.3 cr, Revenue up 1.5% at Rs 441.5 cr vs Rs 435 cr (YoY) (Neutral)
*Indigo Paints:* N Net profit down 31.8% at Rs 25.3 cr vs Rs 37 cr, Revenue up 15% at Rs 279 cr vs Rs 242.6 cr (YoY) (Neutral)
*PB Fintech:* EBITDA loss at Rs 89 cr vs loss of Rs 77 cr (Neutral)
*CCL Products:* Net profit at Rs.60.85 cr vs Rs.57.78 cr, up 5.3% YoY. (Neutral)
*Keystone:* Net profit at Rs.4.34 cr vs loss Rs.4.94 cr YoY. (Neutral)
*JM Financial:* Net profit at ₹194.9 cr; revenue at ₹1,197.4 cr (Neutral)
*P&G Health:* Net profit at ₹65.6 cr; revenue at ₹304.9 cr. (Neutral)
*Infosys:* Cyber-security event has resulted in non-availability of certain applications and systems in IMS (Neutral)
*Metropolis Healthcare:* Net profit at Rs 35.5 cr vs poll of Rs 43 cr, Revenue at Rs 308.5 cr vs poll of Rs 310 cr
*Timex:* Net profit down 41.5% at Rs 11 cr vs Rs 18.8 cr, Revenue up 4.3% at Rs 126.4 cr vs Rs 121.2 cr (YoY)
*SCI:* Net profit down 42.6% at Rs 66 cr Vs Rs 114 cr, Revenue down 22.9% at Rs 1093.2 cr Vs Rs 1417.4 cr (YoY)
*GMR Power:* Net loss of Rs 105.3 cr vs Rs 1,082.7 cr, Revenue down 60.3% at Rs 627.5 cr vs Rs 1,580.7 cr (YoY)
*JK Paper:* Net profit down 6.5% at Rs 305.7 cr vs Rs 327 cr, revenue up 0.4% at Rs 1,650 cr vs Rs 1,644.1 cr (YoY)
By: via Telegram.me/AlliesFin #StockMarket #india
*JK Cement:* Net profit up 58.5% at Rs 178.1 cr vs Rs 112.4 cr, Revenue up 23.2% at Rs 2,752.8 cr vs Rs 2,233.8 cr (YoY) (Positive)
*Affle:* Net profit up 13.2% at Rs 66.8 cr vs Rs 59 cr, Revenue up 21.7% at Rs 431.3 cr vs Rs 354.5 cr (YoY) (Positive)
*EIH:* Net profit at Rs 93.1 cr vs Rs 25 cr, Revenue up 32.3% at Rs 530 cr vs Rs 401.1 cr (YoY) (Positive)
*Godrej Agro:* Net Profit up 49.9% at Rs 103.9 cr vs Rs 70, Revenue up 5.1% at Rs 2,570.9 cr vs Rs 2,445.3 cr (YoY) (Positive)
*Delhivery:* Net loss at Rs 102.9 cr vs Rs 254.1 cr, Revenue up 8% at Rs 1,941.7 cr vs Rs 1,796 cr (YoY) (Positive)
*JSW Infra:* Net profit up 89% at Rs 254.4 cr vs Rs 135 cr, Revenue up 28.1% at Rs 848.3 cr vs Rs 662 cr (YoY) (Positive)
*Thermax:* Net profit up 45.4% at Rs 159.4 cr vs Rs 109 cr, Revenue up 10.9% at Rs 2,302.5 cr vs Rs 2,075.3 cr (YoY) (Positive)
*Indigo:* Net profit at Rs 189.0 cr vs loss Rs 1583.3 cr, EBITDAR margin at 16.4% Vs 1.8% (YoY) (Positive)
*Data Patterns:* Net profit at Rs.33.79 cr vs Rs.21.05 cr, up 60.5% YoY. (Positive)
*Olectra Greentech:* Net profit at Rs.18.05 cr vs Rs.7.57 cr, up 138.4% YoY (Positive)
*Polymed:* Net profit at Rs.62.18 cr vs Rs.43.49 cr, up 43% YoY. (Positive)
*IKIO Lighting:* Net profit at Rs.18.2 cr vs Rs.11.1 cr, up 64% YoY. (Positive)
*Bank Of India:* Net profit at Rs.1,458 cr vs Rs.960 cr, up 51.9% YoY. (Positive)
*India Glycols:* Net profit at ₹38 cr; revenue at ₹1,870 cr (Positive)
*Greaves Cotton:* Executes pact with Runal Developers to sell its Pune land for Rs 284 cr (Positive)
*Arvind Fashions:* Company intends to utilise the proceeds to invest in growth of its brands portfolio and repayment of debt. (Positive)
*Zomato:* Management says profitability improves further to Rs.36 crore; revenue up YoY in Q2 FY24. (Positive)
*Zydus:* Company gets US FDA approval for ZITUVIMETTM. (Positive)
*Aarti Ind:* Net profit down 26.6% at Rs 91 cr vs Rs 124 cr, Revenue down 13.5% at Rs 1,597 cr vs Rs 1,847 cr (YoY) (Neutral)
*Vedanta:* Net loss at Rs 915 cr vs profit of Rs 2,690 cr, Revenue up 6.4% at Rs 38,546 cr vs Rs Rs 36,237 cr (YoY) (Neutral)
*SBIN:* Net profit at Rs 14,330 cr vs poll of Rs 14,032 cr, NIM at 3.29% vs 3.33% (QoQ) & vs 3.32% (YoY) (Neutral)
*Bank Baroda:* Net profit at Rs 4,252.9 cr vs poll of Rs 3,921 cr, Q2 gross NPA at Rs 33,978.5 cr vs Rs 34,832.2 cr (QoQ) (Neutral)
*Krsnaa Diagnostics:* Net profit down 31.8% at Rs 10.5 cr vs Rs 15 cr, Revenue up 26.3% at Rs 155.4 cr vs Rs 123 cr (YoY) (Neutral)
*Gati:* Net loss of Rs 1.9 cr vs profit of 5.3 cr, Revenue up 1.5% at Rs 441.5 cr vs Rs 435 cr (YoY) (Neutral)
*Indigo Paints:* N Net profit down 31.8% at Rs 25.3 cr vs Rs 37 cr, Revenue up 15% at Rs 279 cr vs Rs 242.6 cr (YoY) (Neutral)
*PB Fintech:* EBITDA loss at Rs 89 cr vs loss of Rs 77 cr (Neutral)
*CCL Products:* Net profit at Rs.60.85 cr vs Rs.57.78 cr, up 5.3% YoY. (Neutral)
*Keystone:* Net profit at Rs.4.34 cr vs loss Rs.4.94 cr YoY. (Neutral)
*JM Financial:* Net profit at ₹194.9 cr; revenue at ₹1,197.4 cr (Neutral)
*P&G Health:* Net profit at ₹65.6 cr; revenue at ₹304.9 cr. (Neutral)
*Infosys:* Cyber-security event has resulted in non-availability of certain applications and systems in IMS (Neutral)
*Metropolis Healthcare:* Net profit at Rs 35.5 cr vs poll of Rs 43 cr, Revenue at Rs 308.5 cr vs poll of Rs 310 cr
*Timex:* Net profit down 41.5% at Rs 11 cr vs Rs 18.8 cr, Revenue up 4.3% at Rs 126.4 cr vs Rs 121.2 cr (YoY)
*SCI:* Net profit down 42.6% at Rs 66 cr Vs Rs 114 cr, Revenue down 22.9% at Rs 1093.2 cr Vs Rs 1417.4 cr (YoY)
*GMR Power:* Net loss of Rs 105.3 cr vs Rs 1,082.7 cr, Revenue down 60.3% at Rs 627.5 cr vs Rs 1,580.7 cr (YoY)
*JK Paper:* Net profit down 6.5% at Rs 305.7 cr vs Rs 327 cr, revenue up 0.4% at Rs 1,650 cr vs Rs 1,644.1 cr (YoY)
By: via Telegram.me/AlliesFin #StockMarket #india
Telegram.me/AlliesFin #StockMarket #india's Post
*GIFT Nifty +150 pts (19446) from last trade 19296 ,*
Nikkei +727 pts ,
Hangseng +249 pts ,
Dow +222.24 pts ,Nsdq +184.09 pts, S&P +40.56 pts , Bovespa +3107 pts , Ftse -28 pts , Dax +45 pts , Cac -13 pts , Crude @ $80.98 brl (+0.47), Brent @ $85.21 brl (+0.32) , Gold @ 1996.50 (-2.70), Silver $23.255 (-0.03), Euro @ $1.0727, JPY @ $149.43, INR @ 83.145
*Today's Corporate Action*
*6th Nov Ex Date*
COLPAL
Interim Dividend - Rs. - 22.0000
IRB
Interim Dividend - Rs. - 0.1000
MINDSPACE
Income Distribution
RITES
MPSLTD
Interim Dividend - Rs. - 30.0000
SHRIRAMFIN
Interim Dividend - Rs. - 20.00000
*Today's Key Results/Board Meetings*
*06-Nov-23*
Divis Laboratories, Bharat Forge, Hindustan Petroleum Corporation, FSN E-Commerce Ventures (Nykaa), Adani Energy Solutions, Bajaj Electricals, Emami, Exide Industries, Gland Pharma, NHPC, Sobha, Sun Pharma Advanced Research Company, TVS Supply Chain Solutions and Varun Beverages
*Stock under F&O ban on NSE*
*06-Nov-23*
The NSE has retained GNFC (Gujarat Narmada Valley Fertilizers and Chemicals) to its F&O ban list for November 6.
By: via Telegram.me/AlliesFin #StockMarket #india
Nikkei +727 pts ,
Hangseng +249 pts ,
Dow +222.24 pts ,Nsdq +184.09 pts, S&P +40.56 pts , Bovespa +3107 pts , Ftse -28 pts , Dax +45 pts , Cac -13 pts , Crude @ $80.98 brl (+0.47), Brent @ $85.21 brl (+0.32) , Gold @ 1996.50 (-2.70), Silver $23.255 (-0.03), Euro @ $1.0727, JPY @ $149.43, INR @ 83.145
*Today's Corporate Action*
*6th Nov Ex Date*
COLPAL
Interim Dividend - Rs. - 22.0000
IRB
Interim Dividend - Rs. - 0.1000
MINDSPACE
Income Distribution
RITES
MPSLTD
Interim Dividend - Rs. - 30.0000
SHRIRAMFIN
Interim Dividend - Rs. - 20.00000
*Today's Key Results/Board Meetings*
*06-Nov-23*
Divis Laboratories, Bharat Forge, Hindustan Petroleum Corporation, FSN E-Commerce Ventures (Nykaa), Adani Energy Solutions, Bajaj Electricals, Emami, Exide Industries, Gland Pharma, NHPC, Sobha, Sun Pharma Advanced Research Company, TVS Supply Chain Solutions and Varun Beverages
*Stock under F&O ban on NSE*
*06-Nov-23*
The NSE has retained GNFC (Gujarat Narmada Valley Fertilizers and Chemicals) to its F&O ban list for November 6.
By: via Telegram.me/AlliesFin #StockMarket #india
Saturday, 4 November 2023
Telegram.me/AlliesFin #StockMarket #india's Post
Today's Headlines from :
*Economic Times*
CCI launches market study to gauge state of fair trade rules in cement sector
Magnitude 6.4 quake hits Nepal, strong tremors felt in Delhi NCR
US job growth slows in October; unemployment rate rises to 3.9%
IndiGo Q2 Results: Airline posts Rs 188-crore profit vs loss a year ago
Shipping Corporation Q2 Results: Net profit declines to Rs 65.7 crore
India's forex reserves rise $2.6 billion to $586.1 billion as of October 27
Service activity expansion slows down to a seven-month low in October; future outlook dented
TVS Srichakra to acquire SG Acquisition Corporation for USD 3 mn
*Business Standard*
Power ministry nudges state govts, gencos to take up insolvent assets
Maiden 50-year bond becomes an instant hit with insurance companies
Intel ties up with eight EMS companies for 'Make in India' laptops
L&T to divest 100% stake in subsidiary LTIEL to focus on core businesses
JSW Infrastructure Q2 results: Consolidated profit rises 85% to Rs 256 cr
Titan Company Q2FY24 result: Net profit at Rs 916 cr; income up 37%
Zomato reports profit at Rs 36 cr in Q2, revenue up 71% to Rs 2,848 cr
Raymond Group to acquire 59% stake in Maini Precision for Rs 682 crore
Aditya Birla Capital Q2 results: Net profit up 44% to Rs 705 crore
Reliance Beauty buys Sephora India rights from Arvind Fashions for Rs 99 cr
Infosys opens new proximity centre in Bulgaria, to hire 500 in 4 years
FinMin launches amnesty scheme for filing appeals against GST demand orders
Protean eGov Technologies raises Rs 144 crore from anchor investors
Saudi Arabia eyes stake in $30 billion Indian Premier League: Report
*Financial Express*
Thermax net profit increases 46 per cent to Rs 159 crore in Q2
Muthoot Microfin reports Rs 1,095 million profit for Q2FY24
NTPC produces 19 MT coal from captive mines in Apr-Oct; supply at 20 MT
Data centres to attract Rs 45,000 crore investments in three fiscals
Besides Delhi-NCR, NCCF to sell onion at subsidised rate of Rs 25/kg in other states too
Strong quake of 6.4 magnitude jolts Nepal, tremors felt in north India
*Mint*
Govt plans sops for making small modular N-reactors
Air India to add 30 aircraft to its fleet by March
Infosys subsidiary hit by cyber security attack; investigation underway
Adani Ports hit 48% growth in cargo handling in October
IDFC Q2 Results: Net profit falls 51% to ₹21.6 crore, revenue down 43% YoY
MRF profit up fivefold to ₹572 crore in Sep quarter
Thomas Cook eyes 8-12% revenue growth in FY25
Rupee falls 5 paise to end at 83.29 against US dollar.
By: via Telegram.me/AlliesFin #StockMarket #india
*Economic Times*
CCI launches market study to gauge state of fair trade rules in cement sector
Magnitude 6.4 quake hits Nepal, strong tremors felt in Delhi NCR
US job growth slows in October; unemployment rate rises to 3.9%
IndiGo Q2 Results: Airline posts Rs 188-crore profit vs loss a year ago
Shipping Corporation Q2 Results: Net profit declines to Rs 65.7 crore
India's forex reserves rise $2.6 billion to $586.1 billion as of October 27
Service activity expansion slows down to a seven-month low in October; future outlook dented
TVS Srichakra to acquire SG Acquisition Corporation for USD 3 mn
*Business Standard*
Power ministry nudges state govts, gencos to take up insolvent assets
Maiden 50-year bond becomes an instant hit with insurance companies
Intel ties up with eight EMS companies for 'Make in India' laptops
L&T to divest 100% stake in subsidiary LTIEL to focus on core businesses
JSW Infrastructure Q2 results: Consolidated profit rises 85% to Rs 256 cr
Titan Company Q2FY24 result: Net profit at Rs 916 cr; income up 37%
Zomato reports profit at Rs 36 cr in Q2, revenue up 71% to Rs 2,848 cr
Raymond Group to acquire 59% stake in Maini Precision for Rs 682 crore
Aditya Birla Capital Q2 results: Net profit up 44% to Rs 705 crore
Reliance Beauty buys Sephora India rights from Arvind Fashions for Rs 99 cr
Infosys opens new proximity centre in Bulgaria, to hire 500 in 4 years
FinMin launches amnesty scheme for filing appeals against GST demand orders
Protean eGov Technologies raises Rs 144 crore from anchor investors
Saudi Arabia eyes stake in $30 billion Indian Premier League: Report
*Financial Express*
Thermax net profit increases 46 per cent to Rs 159 crore in Q2
Muthoot Microfin reports Rs 1,095 million profit for Q2FY24
NTPC produces 19 MT coal from captive mines in Apr-Oct; supply at 20 MT
Data centres to attract Rs 45,000 crore investments in three fiscals
Besides Delhi-NCR, NCCF to sell onion at subsidised rate of Rs 25/kg in other states too
Strong quake of 6.4 magnitude jolts Nepal, tremors felt in north India
*Mint*
Govt plans sops for making small modular N-reactors
Air India to add 30 aircraft to its fleet by March
Infosys subsidiary hit by cyber security attack; investigation underway
Adani Ports hit 48% growth in cargo handling in October
IDFC Q2 Results: Net profit falls 51% to ₹21.6 crore, revenue down 43% YoY
MRF profit up fivefold to ₹572 crore in Sep quarter
Thomas Cook eyes 8-12% revenue growth in FY25
Rupee falls 5 paise to end at 83.29 against US dollar.
By: via Telegram.me/AlliesFin #StockMarket #india
Friday, 3 November 2023
Telegram.me/AlliesFin #StockMarket #india's Post
@AlliesFin
*Today's Headlines :*
*Economic Times :*
Diamond industry plans to cut bank financing by a third
Go First lenders to meet Monday, stare at Rs 6,500 crore in losses
Adani Green is in talks to borrow a $1.8 billion loan
Godrej Properties Q2 Results: Net Profit rises 22% YoY to Rs 67 crore
Container Corporation of India Q2 Results: Net profit rises 21% to Rs 368 crore
Abu Dhabi plans $50 billion investment in fast-growing India
US weekly jobless claims rise moderately
Minda inks pact to form JV with Taiwan firm to produce sunroof for passenger vehicles
Sustainable packaging maker Fibmold raises $10 million in funding from Omnivore, Accel
Walt Disney to acquire Comcast's 33% stake in Hulu for $8.61 billion
*Business Standard :*
Zurich Insurance to pick 51% stake in Kotak Gen Insurance for Rs 4,051 cr
ESPN could be valued at $24 billion, likely buyers Apple and Verizon
Adani buys remaining 51% stake in BQ-publisher Quintillion Business Media
Jaguar Land Rover, CVs take Tata Motors net profit to Rs 3,764 crore
Dabur Q2 results: Net profit rises 5.1% to Rs 515 cr, ad spends grow 42.6%
Dr Lal PathLabs Q2 results: Profit jumps 54.8%, revenue rises 12.63%
MGNREGS demand continues to robust even as funds dip, shows data
After RoDTEP, govt likely to extend export-boosting textile scheme
FM Nirmala Sitharaman pitches for economic integration with Sri Lanka
Cognizant Q3 profit down 16.5%, 2023 revenue guidance at -0.7% to flat
*Financial Express :*
Adani Power Q2 net jumps over nine fold to Rs 6,594 crore
AAI seeks 10 per cent import duty on aluminium scrap
GAIL signs Rs 63,000-cr deal to source petrochemical feedstock from BPCL
Coal India’s production rises by 15% in October, output increases by 42 MT in Apr-Oct FY24 to 394 MTs
TCS launches AI-Powered Cyber Insights Platform on Amazon Security Lake
KFC, Pizza Hut operator Sapphire Foods Q2 profit drops by 43%, revenue rises by 14.2% on strong KFC performance
Rupee settles 2 paise higher at 83.26 against US dollar
*Mint :*
JK Lakshmi Cement Q2 results: Profit jumps 55.15% to ₹95.87 crore
Karnataka eyes $3 bn for chip, related biz
Investcorp eyes India AUM of $5 bn in five years
India lowers Russian oil imports over high prices in Oct, buys more from Saudi
Delhi air pollution ‘severe’ as AQI breaches 400 mark due to rise in farm fires
Bank of England keeps benchmark rates unchanged at 15-year high of 5.25%
Uttarakhand govt signs MoUs worth ₹20,000 crore ahead of investors summit
IRFC Q2 Results: Net profit drops 9% to ₹1,549 crore, dividend declared
Berger Paints India Q2 results: Net profit rises nearly 33% at ₹292 crore
Canada to invite nearly 15 lakh immigrants in next three years
Suzlon Energy Q2 Results: Net profit jumps 45% YoY to ₹102 crore.
By: via Telegram.me/AlliesFin #StockMarket #india
*Today's Headlines :*
*Economic Times :*
Diamond industry plans to cut bank financing by a third
Go First lenders to meet Monday, stare at Rs 6,500 crore in losses
Adani Green is in talks to borrow a $1.8 billion loan
Godrej Properties Q2 Results: Net Profit rises 22% YoY to Rs 67 crore
Container Corporation of India Q2 Results: Net profit rises 21% to Rs 368 crore
Abu Dhabi plans $50 billion investment in fast-growing India
US weekly jobless claims rise moderately
Minda inks pact to form JV with Taiwan firm to produce sunroof for passenger vehicles
Sustainable packaging maker Fibmold raises $10 million in funding from Omnivore, Accel
Walt Disney to acquire Comcast's 33% stake in Hulu for $8.61 billion
*Business Standard :*
Zurich Insurance to pick 51% stake in Kotak Gen Insurance for Rs 4,051 cr
ESPN could be valued at $24 billion, likely buyers Apple and Verizon
Adani buys remaining 51% stake in BQ-publisher Quintillion Business Media
Jaguar Land Rover, CVs take Tata Motors net profit to Rs 3,764 crore
Dabur Q2 results: Net profit rises 5.1% to Rs 515 cr, ad spends grow 42.6%
Dr Lal PathLabs Q2 results: Profit jumps 54.8%, revenue rises 12.63%
MGNREGS demand continues to robust even as funds dip, shows data
After RoDTEP, govt likely to extend export-boosting textile scheme
FM Nirmala Sitharaman pitches for economic integration with Sri Lanka
Cognizant Q3 profit down 16.5%, 2023 revenue guidance at -0.7% to flat
*Financial Express :*
Adani Power Q2 net jumps over nine fold to Rs 6,594 crore
AAI seeks 10 per cent import duty on aluminium scrap
GAIL signs Rs 63,000-cr deal to source petrochemical feedstock from BPCL
Coal India’s production rises by 15% in October, output increases by 42 MT in Apr-Oct FY24 to 394 MTs
TCS launches AI-Powered Cyber Insights Platform on Amazon Security Lake
KFC, Pizza Hut operator Sapphire Foods Q2 profit drops by 43%, revenue rises by 14.2% on strong KFC performance
Rupee settles 2 paise higher at 83.26 against US dollar
*Mint :*
JK Lakshmi Cement Q2 results: Profit jumps 55.15% to ₹95.87 crore
Karnataka eyes $3 bn for chip, related biz
Investcorp eyes India AUM of $5 bn in five years
India lowers Russian oil imports over high prices in Oct, buys more from Saudi
Delhi air pollution ‘severe’ as AQI breaches 400 mark due to rise in farm fires
Bank of England keeps benchmark rates unchanged at 15-year high of 5.25%
Uttarakhand govt signs MoUs worth ₹20,000 crore ahead of investors summit
IRFC Q2 Results: Net profit drops 9% to ₹1,549 crore, dividend declared
Berger Paints India Q2 results: Net profit rises nearly 33% at ₹292 crore
Canada to invite nearly 15 lakh immigrants in next three years
Suzlon Energy Q2 Results: Net profit jumps 45% YoY to ₹102 crore.
By: via Telegram.me/AlliesFin #StockMarket #india
Telegram.me/AlliesFin #StockMarket #india's Post
India Daybook Stocks in News
T.me/AlliesFin
*JK Lakshmi Cement:* Net profit up 55.2% at Rs 95.9 cr vs Rs 61.8 cr, Revenue up 14.6% at Rs 1,574.5 cr vs Rs 1,373.6 cr (YoY) (Positive)
*IEX:* Net Profit up 21.5% at Rs 86.5 cr Vs Rs 71.2 cr, Revenue up 14% at Rs 109 cr Vs 95.2 cr (YoY) (Positive)
*Deep Ind:* Net profit up at Rs 29 cr vs Rs 16.0 cr, EBITDA up at Rs 38.6 cr vs Rs 18.9 cr (YoY) (Positive)
*Ratnamani Metals:* Net Profit up 66.3% at Rs 164.3 cr vs Rs 99 cr, Revenue up 25.7% at Rs 1,131.2 cr vs Rs 899.8 cr (YoY) (Positive)
*Concor:* Net profit at Rs 368.5 crore versus poll of Rs 270 crore, Revenue at Rs 2195 crore versus poll of Rs 2075 crore (Positive)
*Religare:* Net profit at Rs 40.4 cr vs loss of Rs 176.7 cr, Revenue up 36.1% at Rs 1,584.4 cr vs Rs 1,164.5 cr (YoY) (Positive)
*Chaman Lal:* Revenue up 15.8% at Rs 308.7 crore vs. Rs 266.5 crore. EBITDA up 36.6% at Rs 35.6 crore vs. Rs 26.1 crore. (YoY) (Positive)
*Prataap Snacks:* Net profit at Rs 16.5 cr vs Rs 3.3 cr, Revenue at Rs 434.0 cr vs Rs 457.0 cr (YoY) (Positive)
*Insecticides:* Net profit at Rs 53.2 cr vs Rs 44.8 cr, Revenue at Rs 696.0 cr vs Rs 582.0 cr (YoY) (Positive)
*Shilpa Medicare:* Company acquires Pilnova Pharma Inc in the US (Positive)
*Tata Motors:* JLR raises FY24 EBIT margin guidance to 8% from 6% earlier (Positive)
*Dixon Technologies:* Company incorporated Dixtel Infocom for electronic manufacturing and wholesale trade. (Positive)
*Lupin: Company announced the launch of Diazepam Rectal Gel in U.S. (Positive)
*Maruti Suzuki:* Total output for October was 1.76 lakh units, up 13% YoY (Positive)
*NBCC:* Company bagged two orders worth Rs 212 crore from the Haryana government (Positive)
*Praveg:* Company opened a new hotel under the brand name 'Praveg's Grand Eulogia' in Ahmedabad (Positive)
*Minda Corp:* Kotak Mahindra Life Insurance bought 13.78 lakh shares (Positive)
*IFB Ind:* Net profit down 10.8% at Rs 21.5 cr vs Rs 24 cr, Revenue down 1.6% at Rs 1100.9 cr vs Rs 1,118.3 cr (YoY) (Neutral)
*Kirloskar Oil:* Net profit down 6.9% at Rs 78 cr vs Rs 84 cr, Revenue up 6.2% at Rs 1,304.8 cr vs Rs 1,228.1 cr (YoY) (Neutral)
*Chola Invest:* Net profit at Rs 762 cr vs poll of Rs 758.8 cr, Net NPA at 2.55% vs 2.77% (QoQ) (Neutral)
*Surya Rosni:* Net profit at Rs 76.0 cr vs Rs 68.0 cr, EBITDA up at Rs 140.0 cr vs Rs 129.0 cr YoY (Neutral)
*Linc:* Net profit at Rs 7.7 cr Vs Rs 9.6 cr, Revenue at Rs 131.0 cr Vs Rs 127.0 cr (YoY) (Neutral)
*Kalpataru:* Net profit at Rs 89.0 cr Vs Rs 86.0 cr, Revenue at Rs 4518.0 cr Vs Rs 3798.0 cr (YoY) (Neutral)
*Tatva Chintan:* Net profit at Rs 7.8 cr Vs Rs 7.1 cr, Revenue at Rs 97.0 cr Vs Rs 90.0 cr (YoY) (Neutral)
*Asahi India:* Net profit at Rs 87.0 cr Vs Rs 105.0 cr, Revenue at Rs 1120.0 cr Vs Rs 1014.0 cr (YoY) (Neutral)
*Minda Corp:* Net profit at Rs 59.0 cr Vs Rs 58.0 cr, Revenue at Rs 1196.0 cr Vs Rs 1147.0 cr (YoY) (Neutral)
*Dabur:* Net profit at Rs 515.0 cr Vs Rs 490.0 cr, Revenue at Rs 3204.0 cr Vs Rs 2986.0 cr (YoY) (Neutral)
*Aptus:* Net profit at Rs 119.0 cr Vs Rs 107.0 cr, NII at Rs 180.0 cr Vs Rs 172.0 cr (YoY) (Neutral)
*KSB:* Revenue up 30.7% at Rs 563.7 crore vs. Rs 431.3 crore, EBITDA up 29.9% at Rs 70.3 crore vs. Rs 54.1 crore (YoY). (Neutral)
*Bombay Dyeing:* Revenue down 40.9% at Rs 440.6 crore vs. Rs 745.2 crore. Reported loss at Rs 51.9 crore vs. loss of Rs 93 crore (YoY). (Neutral)
*GUJGAS:* Net profit down at Rs 292.3 cr vs Rs 404.4 cr, Revenue down at Rs 3991.0 cr vs Rs 4108.0 cr (YoY) (Neutral)
*IRFC:* Revenue up 16.5% at Rs 6,767.5 crore vs. Rs 5,810.4 crore. Reported profit down 9.6% at Rs 1,549.9 crore vs. Rs 1,714.3 crore. (YoY) (Neutral)
*Dilip Buildcon:* Company to consider fund-raising options on November 7, 2023 (Neutral)
*L&T:* Company divests its entire stake in L&T Infrastructure Engg to STUP Consultants for Rs 60 cr (Neutral)
*Orient Green:* Apex Ventures sold 51.59 lakh shares (Neutral)
*NOCIL:* Net profit down 23.8% at Rs 27.2 cr vs Rs 36 cr, Revenue down 9.8% at Rs 350.9 cr vs Rs 389.2 cr (YoY)
By: via Telegram.me/AlliesFin #StockMarket #india
T.me/AlliesFin
*JK Lakshmi Cement:* Net profit up 55.2% at Rs 95.9 cr vs Rs 61.8 cr, Revenue up 14.6% at Rs 1,574.5 cr vs Rs 1,373.6 cr (YoY) (Positive)
*IEX:* Net Profit up 21.5% at Rs 86.5 cr Vs Rs 71.2 cr, Revenue up 14% at Rs 109 cr Vs 95.2 cr (YoY) (Positive)
*Deep Ind:* Net profit up at Rs 29 cr vs Rs 16.0 cr, EBITDA up at Rs 38.6 cr vs Rs 18.9 cr (YoY) (Positive)
*Ratnamani Metals:* Net Profit up 66.3% at Rs 164.3 cr vs Rs 99 cr, Revenue up 25.7% at Rs 1,131.2 cr vs Rs 899.8 cr (YoY) (Positive)
*Concor:* Net profit at Rs 368.5 crore versus poll of Rs 270 crore, Revenue at Rs 2195 crore versus poll of Rs 2075 crore (Positive)
*Religare:* Net profit at Rs 40.4 cr vs loss of Rs 176.7 cr, Revenue up 36.1% at Rs 1,584.4 cr vs Rs 1,164.5 cr (YoY) (Positive)
*Chaman Lal:* Revenue up 15.8% at Rs 308.7 crore vs. Rs 266.5 crore. EBITDA up 36.6% at Rs 35.6 crore vs. Rs 26.1 crore. (YoY) (Positive)
*Prataap Snacks:* Net profit at Rs 16.5 cr vs Rs 3.3 cr, Revenue at Rs 434.0 cr vs Rs 457.0 cr (YoY) (Positive)
*Insecticides:* Net profit at Rs 53.2 cr vs Rs 44.8 cr, Revenue at Rs 696.0 cr vs Rs 582.0 cr (YoY) (Positive)
*Shilpa Medicare:* Company acquires Pilnova Pharma Inc in the US (Positive)
*Tata Motors:* JLR raises FY24 EBIT margin guidance to 8% from 6% earlier (Positive)
*Dixon Technologies:* Company incorporated Dixtel Infocom for electronic manufacturing and wholesale trade. (Positive)
*Lupin: Company announced the launch of Diazepam Rectal Gel in U.S. (Positive)
*Maruti Suzuki:* Total output for October was 1.76 lakh units, up 13% YoY (Positive)
*NBCC:* Company bagged two orders worth Rs 212 crore from the Haryana government (Positive)
*Praveg:* Company opened a new hotel under the brand name 'Praveg's Grand Eulogia' in Ahmedabad (Positive)
*Minda Corp:* Kotak Mahindra Life Insurance bought 13.78 lakh shares (Positive)
*IFB Ind:* Net profit down 10.8% at Rs 21.5 cr vs Rs 24 cr, Revenue down 1.6% at Rs 1100.9 cr vs Rs 1,118.3 cr (YoY) (Neutral)
*Kirloskar Oil:* Net profit down 6.9% at Rs 78 cr vs Rs 84 cr, Revenue up 6.2% at Rs 1,304.8 cr vs Rs 1,228.1 cr (YoY) (Neutral)
*Chola Invest:* Net profit at Rs 762 cr vs poll of Rs 758.8 cr, Net NPA at 2.55% vs 2.77% (QoQ) (Neutral)
*Surya Rosni:* Net profit at Rs 76.0 cr vs Rs 68.0 cr, EBITDA up at Rs 140.0 cr vs Rs 129.0 cr YoY (Neutral)
*Linc:* Net profit at Rs 7.7 cr Vs Rs 9.6 cr, Revenue at Rs 131.0 cr Vs Rs 127.0 cr (YoY) (Neutral)
*Kalpataru:* Net profit at Rs 89.0 cr Vs Rs 86.0 cr, Revenue at Rs 4518.0 cr Vs Rs 3798.0 cr (YoY) (Neutral)
*Tatva Chintan:* Net profit at Rs 7.8 cr Vs Rs 7.1 cr, Revenue at Rs 97.0 cr Vs Rs 90.0 cr (YoY) (Neutral)
*Asahi India:* Net profit at Rs 87.0 cr Vs Rs 105.0 cr, Revenue at Rs 1120.0 cr Vs Rs 1014.0 cr (YoY) (Neutral)
*Minda Corp:* Net profit at Rs 59.0 cr Vs Rs 58.0 cr, Revenue at Rs 1196.0 cr Vs Rs 1147.0 cr (YoY) (Neutral)
*Dabur:* Net profit at Rs 515.0 cr Vs Rs 490.0 cr, Revenue at Rs 3204.0 cr Vs Rs 2986.0 cr (YoY) (Neutral)
*Aptus:* Net profit at Rs 119.0 cr Vs Rs 107.0 cr, NII at Rs 180.0 cr Vs Rs 172.0 cr (YoY) (Neutral)
*KSB:* Revenue up 30.7% at Rs 563.7 crore vs. Rs 431.3 crore, EBITDA up 29.9% at Rs 70.3 crore vs. Rs 54.1 crore (YoY). (Neutral)
*Bombay Dyeing:* Revenue down 40.9% at Rs 440.6 crore vs. Rs 745.2 crore. Reported loss at Rs 51.9 crore vs. loss of Rs 93 crore (YoY). (Neutral)
*GUJGAS:* Net profit down at Rs 292.3 cr vs Rs 404.4 cr, Revenue down at Rs 3991.0 cr vs Rs 4108.0 cr (YoY) (Neutral)
*IRFC:* Revenue up 16.5% at Rs 6,767.5 crore vs. Rs 5,810.4 crore. Reported profit down 9.6% at Rs 1,549.9 crore vs. Rs 1,714.3 crore. (YoY) (Neutral)
*Dilip Buildcon:* Company to consider fund-raising options on November 7, 2023 (Neutral)
*L&T:* Company divests its entire stake in L&T Infrastructure Engg to STUP Consultants for Rs 60 cr (Neutral)
*Orient Green:* Apex Ventures sold 51.59 lakh shares (Neutral)
*NOCIL:* Net profit down 23.8% at Rs 27.2 cr vs Rs 36 cr, Revenue down 9.8% at Rs 350.9 cr vs Rs 389.2 cr (YoY)
By: via Telegram.me/AlliesFin #StockMarket #india
Telegram.me/AlliesFin #StockMarket #india's Post
GIFT Nifty +105 pts (19354) from last trade 19249 ,
Nikkei clsd ,
Hangseng +175 pts ,
Dow +564.50 pts ,Nsdq +232.72 pts, S&P +79.92 pts , Bovespa Clsd , Ftse +104 pts , Dax +220 pts , Cac +128 pts , Crude @ $82.54 brl (+0.08), Brent @ $86.89 brl (+0.04) , Gold @ 1992.80 (-0.70), Silver $22.81 (-0.03), Euro @ $1.0618, JPY @ $150.45, INR @ 83.235
*Today's Corporate Action*
*3rd Nov Ex Date*
ASIANPAINT
Interim Dividend
BNALTD
E.G.M.
EMBASSY
Income Distribution
RITES
NTPC
Interim Dividend
RAILTEL
Interim Dividend
ROUTE
Interim Dividend
SYMPHONY
Interim Dividend
*Today's Key Results/Board Meetings*
*03-Nov-23*
ABCAPITAL
Quarterly Results
ASHISHPO
Quarterly Results
BDL
Quarterly Results
BHARATGEAR
Quarterly Results
COCHINM
Quarterly Results
CROMPTON
Quarterly Results
ESCORTS
Quarterly Results
GHCLTEXTIL
Quarterly Results
GICHSGFIN
Quarterly Results
GODREJAGRO
Quarterly Results
GPIL
Quarterly Results;General
GUJCON
Quarterly Results
IFBAGRO
Quarterly Results
INDIGOPNTS
Quarterly Result
INDRAMEDCO
Quarterly Results
JMFINANCIL
Quarterly Results
KAIRA
Quarterly Results
MANGLMCEM
Quarterly Results
MSTC
Quarterly Results;Interim Dividend
PARKERA
Quarterly Results
PGHL
Quarterly Results
PONNIERODE
Quarterly Results
POONADA
Quarterly Results
RESONANCE
Quarterly Results
SATCH
Quarterly Results;General
SATIA
Quarterly Results
SHRIDINE
Quarterly Results;Genera
lSMLISUZU
Quarterly Results
SRAMSET
Quarterly Results
STELLANT
Quarterly Results
SUDARSCHE
Quarterly Results
SVCIND
Quarterly Results
TAJGVK
Quarterly Results
TCC
Quarterly Results
THERMAX
Quarterly Results
TIMEX
Quarterly Results
TIRUMALCHM
Quarterly Results
TITAN
Quarterly Results
TTKHEALTH
Quarterly Results
VINYLINDIA
Quarterly Results
ZGOVPOOX
Quarterly Results;General
*Stock under F&O ban on NSE*
*03-Nov-23*
The NSE has retained GNFC (Gujarat Narmada Valley Fertilizers and Chemicals) to its F&O ban list for November 3.
By: via Telegram.me/AlliesFin #StockMarket #india
Nikkei clsd ,
Hangseng +175 pts ,
Dow +564.50 pts ,Nsdq +232.72 pts, S&P +79.92 pts , Bovespa Clsd , Ftse +104 pts , Dax +220 pts , Cac +128 pts , Crude @ $82.54 brl (+0.08), Brent @ $86.89 brl (+0.04) , Gold @ 1992.80 (-0.70), Silver $22.81 (-0.03), Euro @ $1.0618, JPY @ $150.45, INR @ 83.235
*Today's Corporate Action*
*3rd Nov Ex Date*
ASIANPAINT
Interim Dividend
BNALTD
E.G.M.
EMBASSY
Income Distribution
RITES
NTPC
Interim Dividend
RAILTEL
Interim Dividend
ROUTE
Interim Dividend
SYMPHONY
Interim Dividend
*Today's Key Results/Board Meetings*
*03-Nov-23*
ABCAPITAL
Quarterly Results
ASHISHPO
Quarterly Results
BDL
Quarterly Results
BHARATGEAR
Quarterly Results
COCHINM
Quarterly Results
CROMPTON
Quarterly Results
ESCORTS
Quarterly Results
GHCLTEXTIL
Quarterly Results
GICHSGFIN
Quarterly Results
GODREJAGRO
Quarterly Results
GPIL
Quarterly Results;General
GUJCON
Quarterly Results
IFBAGRO
Quarterly Results
INDIGOPNTS
Quarterly Result
INDRAMEDCO
Quarterly Results
JMFINANCIL
Quarterly Results
KAIRA
Quarterly Results
MANGLMCEM
Quarterly Results
MSTC
Quarterly Results;Interim Dividend
PARKERA
Quarterly Results
PGHL
Quarterly Results
PONNIERODE
Quarterly Results
POONADA
Quarterly Results
RESONANCE
Quarterly Results
SATCH
Quarterly Results;General
SATIA
Quarterly Results
SHRIDINE
Quarterly Results;Genera
lSMLISUZU
Quarterly Results
SRAMSET
Quarterly Results
STELLANT
Quarterly Results
SUDARSCHE
Quarterly Results
SVCIND
Quarterly Results
TAJGVK
Quarterly Results
TCC
Quarterly Results
THERMAX
Quarterly Results
TIMEX
Quarterly Results
TIRUMALCHM
Quarterly Results
TITAN
Quarterly Results
TTKHEALTH
Quarterly Results
VINYLINDIA
Quarterly Results
ZGOVPOOX
Quarterly Results;General
*Stock under F&O ban on NSE*
*03-Nov-23*
The NSE has retained GNFC (Gujarat Narmada Valley Fertilizers and Chemicals) to its F&O ban list for November 3.
By: via Telegram.me/AlliesFin #StockMarket #india
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