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*Bharat Forge:* Positive CV outlook in India, flat in US. Ambitious EBITDA goals for FY25. (Neutral)

*Data Patterns:* Company guides for slightly better gross & EBITDA Margin in FY24 (Neutral)

*Tata Steel:* Company to acquire 26% equity shareholding in TP Vardhaman Surya Ltd (Neutral)

*Maruti Suzuki:* Company projects industry volume growth at 6-6.5% by year-end. (Neutral)

*Bajaj Finance:* Company plans to raise up to Rs 8,800 cr via QIP at Floor price Rs 7533/Sh (Neutral)

*FACT:* Net profit at Rs 105 cr vs Rs 147 cr, Revenue at Rs 1663 cr vs Rs 1935 cr (YoY)

*Camlin Fine:* Net loss of Rs 19.4 cr vs profit Rs 13.0 cr, Revenue down 16% at Rs 406.0 cr vs Rs 483.0 cr (YoY)

*VMart:* Net loss of Rs 64.0 cr vs 11.0 cr, Revenue at Rs 549.0 cr vs Rs 506.0 cr (YoY)

*SPARC:* Net loss of Rs 86.4 cr vs Rs 68.0 cr, Revenue down at Rs 21.0 cr vs Rs 31.0 cr (YoY)

*Sobha:* Net profit at Rs 14.9 cr vs Rs 19.2 cr, Revenue at Rs 741 cr vs Rs 670 cr (YoY)

*Liberty Shoes:* Net profit at Rs 2.6 cr vs Rs 5.9 cr, Revenue at Rs 172 cr vs Rs 169 cr (YoY)

*Rushil:* Net profit at Rs 10.6 cr vs Rs 26.7 cr, Revenue at Rs 204 cr vs Rs 203 cr (YoY)

*IPL:* Net profit down 47.6% at Rs 19.5 cr vs Rs 37.2 cr, Revenue down 19.4% at Rs 202 cr vs Rs 250.7 cr (YoY)
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

India Daybook Stocks in News


*Fusion Micro:* Net profit up 26.3% at Rs 126.0 cr vs Rs 95.0 cr, NII up 32.2% at Rs 496.8 cr vs Rs 499.8 cr (YoY) (Positive)

*Dalmia Sugar:* Net profit at Rs 54.9 cr vs Rs 11.7 cr, Revenue at Rs 732 cr vs Rs 579 cr (YoY) (Positive)

*Ashapura Mine:* Net profit at Rs 59.3 cr vs Rs 5.0 cr, Revenue at Rs 554 cr vs Rs 198 cr (YoY) (Positive)

*PGEL:* Net profit at Rs 12 cr vs Rs 7 cr, Revenue at Rs 460 cr vs Rs 327 cr (YoY) (Positive)

*GSPL:* Net profit at Rs 532 cr vs Rs 229.0 cr, Revenue at Rs 529 cr vs Rs 441 cr (YoY) (Positive)

*Indo Count:* Net profit at Rs 114.2 cr vs Rs 67.0 cr, Revenue at Rs 1009 cr vs Rs 844 cr (YoY) (Positive)

*Hind Petro:* Net profit at Rs 5,118.2 cr vs poll of Rs 4,003 cr, EBITDA at Rs 8217.0 cr vs poll of Rs 6329.0 cr (Positive)

*Radico:* Net profit at Rs 62.0 cr vs Rs 51.8 cr, Revenue at Rs 3715.0 cr vs Rs 3018.0 cr (YoY) (Positive)

*Jamna Auto:* Net profit at Rs 50.0 cr vs Rs 37.0 cr, Revenue at Rs 607.0 cr vs Rs 553.0 cr (YoY) (Positive)

*Sat Ind:* Net profit at Rs 175.0 cr vs Rs 13.0 cr, Revenue at Rs 137.0 cr vs Rs 126.0 cr (YoY) (Positive)

*Nykaa:* Net profit at Rs 6.0 cr vs Rs 4.0 cr, Revenue at Rs 1507.0 cr vs Rs 1231.0 cr (YoY) (Positive)

*Rupa:* Net profit at Rs 21.0 cr vs Rs 16.9 cr, Revenue at Rs 302.0 cr vs Rs 85.0 cr (YoY) (Positive)

*Fairchem:* Net profit at Rs 10.0 cr vs Rs 4.0 cr, Revenue at Rs 152.0 cr vs Rs 168.0 cr (YoY) (Positive)

*Bikaji:* Net profit at Rs 60.0 cr vs Rs 41.0 cr, Revenue at Rs 608.0 cr vs Rs 576.0 cr (YoY) (Positive)

*HG Infra:* Net profit at Rs 96.0 cr vs Rs 82.0 cr, Revenue at Rs 955.0 cr vs Rs 795.0 cr (YoY) (Positive)

*Uttam Sugar:* Net profit at Rs 16.0 cr vs loss Rs 10.0 cr, Revenue at Rs 604.0 cr vs Rs 545.0 cr (YoY) (Positive)

*Emami:* Company expects high-single digit sales growth in FY24. (Positive)

*Varun Beverages:* 45% capacity expansion by summer 2024, (Positive)

*Supriya Lifescience:* Company signs agreement with Kalinga Institute of Technology for further development of GelHeal, a protein-based cross-linked Hydrogel (Positive)

*Central Bank of India:* Government extends MV Rao’s term as MD & CEO of Central Bank of India till July 31, 2025 (Positive)

*Bajaj Finserve:* October Insurance premium up 50 percent YoY. (Positive)

*HDFC Life:* October Insurance premium up 40 percent YoY. (Positive)

*NIACL:* October Insurance premium up 15 percent YoY. (Positive)

*Star Health:* October Insurance premium up 18 percent YoY. (Positive)

*ICICI Lombard:* October Insurance premium up 5 percent YoY. (Neutral)

*Emami:* Net Profit down 3.1% At Rs 178.5 Cr Vs Rs 184.2 Cr, Revenue up 6.1% At Rs 864.5 Cr Vs Rs 813.8 Cr (YoY) (Neutral)

*Ujjivan:* Net profit at Rs 309.0 cr vs Rs 315.0 cr, NII at Rs 870.0 cr vs Rs 680.0 cr (YoY) (Neutral)

*Gland Pharma:* Net profit at Rs 194.0 cr vs Rs 241.0 cr, Revenue at Rs 1373.0 cr vs Rs 1044.0 cr (YoY) (Neutral)

*Green Ply:* Net profit at Rs 14.0 cr vs Rs 24.0 cr, Revenue at Rs 608.0 cr vs Rs 495.0 cr (YoY) (Neutral)

*Hitachi:* Net profit at Rs 25.0 cr vs Rs 37.0 cr, Revenue at Rs 1228.0 cr vs Rs 1114.0 cr (YoY) (Neutral)

*Adani Energy:* Net profit at Rs 276.0 cr vs Rs 206.0 cr, Revenue at Rs 3497.0 cr vs Rs 3030.0 cr (YoY) (Neutral)

*GIPCL:* Net profit at Rs 28.0 cr vs Rs 26.0 cr, Revenue at Rs 280.0 cr vs Rs 250.0 cr (YoY) (Neutral)

*Monte Carlo:* Net profit at Rs 13.0 cr vs Rs 30.0 cr, Revenue at Rs 212.0 cr vs Rs 249.0 cr (YoY) (Neutral)

*Paras:* Net profit at Rs 9.0 cr vs Rs 8.0 cr, Revenue at Rs 61.0 cr vs Rs 55.0 cr (YoY) (Neutral)

*Redington:* Net profit at Rs 312.0 cr vs Rs 392.0 cr, Revenue at Rs 22220.0 cr vs Rs 19050.0 cr (YoY) (Neutral)

*Honeywell:* Net profit at Rs 122.0 cr vs Rs 118.0 cr, Revenue at Rs 1107.0 cr vs Rs 794.0 cr (YoY) (Neutral)

*NHPC:* Net profit up 0.7% at ₹1,545.9 cr vs ₹1,535.6 cr, Revenue down 11.6% at ₹2,931.3 cr vs ₹3,314.6 cr (YoY) (Neutral)

*CCL Products:* Net profit at Rs.60.85 cr vs Rs.57.78 cr, up 5.3% YoY. (Neutral)
By: via Telegram.me/AlliesFin #StockMarket #india

Telegram.me/AlliesFin #StockMarket #india's Post

*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*

Ladurée’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

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

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

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

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