Stock Radar: Nykaa, BSE, PNB Housing Finance, Swiggy, ACME Solar, EMS, Ashoka Buidcon in focus on Wednesday

BSE Q2 (Consolidated YoY)

Profit zooms 188% to Rs 346.8 crore Vs Rs 120.5 crore

Revenue surges 137.3% to Rs 746.3 crore Vs Rs 314.5 crore

FSN E-Commerce Ventures Nykaa Q2 (Consolidated YoY)

Profit jumps 66.3% to Rs 12.97 crore Vs Rs 7.8 crore

Revenue grows 24.4% to Rs 1,874.7 crore Vs Rs 1,507 crore

EBITDA increases 28.6% to Rs 103.7 crore Vs Rs 80.6 crore

Margin expands 20 bps to 5.55% Vs 5.35%

Bosch Q2 (Consolidated YoY)

Profit sinks 46.4% to Rs 536 crore Vs Rs 999 crore

Revenue grows 6.4% to Rs 4,394.3 crore Vs Rs 4,130.1 crore

EBITDA increases 14.1% to Rs 560.5 crore Vs Rs 491.3 crore

Margin expands 90 bps to 12.8% Vs 11.9%

Other income rises to Rs 208.9 crore Vs Rs 154.2 crore

Exceptional gains at Rs 48.5 crore Vs Rs 785 crore

MedPlus Health Services Q2 (Consolidated YoY)

Profit zooms 166% to Rs 38.7 crore Vs Rs 14.5 crore

Revenue grows 11.9% to Rs 1,576.2 crore Vs Rs 1,408.6 crore

Ashoka Buidcon Q2 (Consolidated YoY)

Profit spikes 334.1% to Rs 462.5 crore Vs Rs 106.5 crore

Revenue increases 15.5% to Rs 2,488.9 crore Vs Rs 2,154.3 crore

PNC Infratech Q2 (Consolidated YoY)

Profit plunges 43.6% to Rs 83.5 crore Vs Rs 147.9 crore

Revenue declines 25.3% to Rs 1,427 crore Vs Rs 1,911.4 crore

Sula Vineyards Q2 (Consolidated YoY)

Profit declines 37.3% to Rs 14.5 crore Vs Rs 23.1 crore

Revenue falls 1.1% to Rs 141.2 crore Vs Rs 142.8 crore

Gujarat State Fertilizers & Chemicals Q2 (Consolidated YoY)

Profit declines 3.5% to Rs 298.2 crore Vs Rs 308.9 crore

Revenue drops 15.5% to Rs 2,635.2 crore Vs Rs 3,118.7 crore

DCX Systems Q2 (Consolidated YoY)

Profit tanks 73.7% to Rs 5.2 crore Vs Rs 19.8 crore

Revenue declines 36.7% to Rs 195.6 crore Vs Rs 309.1 crore

EMS Q2 (Consolidated YoY)

Profit jumps 33.6% to Rs 49.7 crore Vs Rs 37.2 crore

Revenue grows 13.2% to Rs 233.5 crore Vs Rs 206.3 crore

PTC India Q2 (Consolidated YoY)

Profit increases 12.5% to Rs 146.2 crore Vs Rs 129.9 crore

Revenue rises 1.2% to Rs 5,128 crore Vs Rs 5,069.5 crore

Repco Home Finance Q2 (Consolidated YoY)

Profit grows 15.1% to Rs 115.1 crore Vs Rs 100 crore

Revenue rises 1.7% to Rs 175.7 crore Vs Rs 172.7 crore

Stocks To Watch

PNB Housing Finance

Quality Investment Holdings PCC is likely to sell a 9.43% stake in PNB Housing Finance, with an offer price of Rs 939.3 per share, reports CNBC-TV18, quoting sources. Quality Investment held a 19.87% stake in the company as of September 2024.

Varun Beverages

The Board has approved the company's acquisition of 100% of the share capital of SBC Tanzania at an equity value of $154.5 million (Rs 1,304 crore), and 100% of the share capital of SBC Beverages Ghana at an equity value of $15.06 million (Rs 127.1 crore). The companies hold franchise rights from PepsiCo Inc. in Tanzania and Ghana, respectively. Further, Varun will acquire the remaining 39.93% share capital of its subsidiary Lunarmech Technologies for Rs 200 crore. After this stake acquisition, Lunarmech will become a wholly-owned subsidiary of Varun.

Tata Chemicals

The company's subsidiary, Tata Chemicals Europe (TCEL), will invest Rs 655 crore to build a 1,80,000 tons per annum pharmaceutical-grade sodium bicarbonate plant in Northwich, United Kingdom. This new plant will triple TCEL’s production capacity of pharmaceutical-grade sodium bicarbonate in the UK. Additionally, as part of the restructuring operations to facilitate this investment, TCEL will cease chemical production at its loss-making Lostock plant by the end of January 2025.

Mainboard Listing on November 13

Swiggy, ACME Solar Holdings

F&O ban

Aarti Industries, Hindustan Copper, Aditya Birla Fashion & Retail, Granules India, Manappuram Finance