Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, order wins, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:
Hindustan Unilever, Oil and Natural Gas Corporation, Coal India, Lupin, Hindalco Industries, Honasa Consumer, Abbott India, Bajaj Hindusthan Sugar, Bharat Forge, Biocon, CRISIL, Endurance Technologies, Engineers India, Entero Healthcare Solutions, Hindustan Aeronautics, Indraprastha Gas, Indian Hotels Company, Indian Railway Catering and Tourism Corporation, Muthoot Finance, Natco Pharma, Petronet LNG, Rashtriya Chemicals and Fertilizers, SpiceJet, TVS Electronics, Welspun Living, and Zaggle Prepaid Ocean Services will release their quarterly earnings today.
LG Electronics India Q3 (YoY)
Profit sinks 61.6% to Rs 89.7 crore Vs Rs 233.5 crore
Revenue falls 6.4% to Rs 4,114.4 crore Vs Rs 4,395.5 crore
Lenskart Solutions Q3 (Consolidated YoY)
Profit spikes 71-fold to Rs 131.03 crore Vs Rs 1.85 crore
Revenue grows 38.3% to Rs 2,307.7 crore Vs Rs 1,668.8 crore
Patanjali Foods Q3 (Consolidated YoY)
Profit spikes 60% to Rs 593.4 crore Vs Rs 370.9 crore
Revenue jumps 16.5% to Rs 10,483.7 crore Vs Rs 8,996.9 crore
Amara Raja Energy & Mobility Q3 (Consolidated YoY)
Profit tanks 53% to Rs 140.2 crore Vs Rs 298.4 crore
Revenue grows 4.2% to Rs 3,410.2 crore Vs Rs 3,272.5 crore
Exceptional loss stands at Rs 47.63 crore Vs gain of Rs 111.07 crore
Protean eGov Technologies Q3 (Consolidated YoY)
Profit declines 1.9% to Rs 22.5 crore Vs Rs 22.9 crore
Revenue soars 13.1% to Rs 228.9 crore Vs Rs 202.3 crore
Labour code impact stands at Rs 3.95 crore Vs Nil
Concord Biotech Q3 (Consolidated YoY)
Profit drops 15.1% to Rs 64.5 crore Vs Rs 75.9 crore
Revenue increases 13.7% to Rs 277.8 crore Vs Rs 244.2 crore
Labour code impact stands at Rs 3.27 crore Vs Nil
Other income falls to Rs 9.97 crore Vs Rs 14.7 crore
AstraZeneca Pharma Q3 (YoY)
Profit rises 5.6% to Rs 32.6 crore Vs Rs 30.85 crore
Revenue soars 38.9% to Rs 611.6 crore Vs Rs 440.3 crore
Dollar Industries Q3 (Consolidated YoY)
Profit slips 8.1% to Rs 18.4 crore Vs Rs 19.97 crore
Revenue rises 2% to Rs 388.4 crore Vs Rs 380.7 crore
Yatra Online Q3 (Consolidated YoY)
Profit falls 16.7% to Rs 8.3 crore Vs Rs 10.01 crore
Revenue jumps 9.2% to Rs 256.8 crore Vs Rs 235.3 crore
Employee benefit expenses stand at Rs 3.79 crore Vs Nil
NOCIL Q3 (Consolidated YoY)
Profit drops 28.3% to Rs 9.25 crore Vs Rs 12.9 crore
Revenue slips 0.7% to Rs 315.8 crore Vs Rs 318.1 crore
Labour code impact stands at Rs 5.39 crore Vs Nil
Kirloskar Oil Engines Q3 (Consolidated YoY)
Profit zooms 56.2% to Rs 111.4 crore Vs Rs 71.3 crore
Revenue soars 29.2% to Rs 1,872.6 crore Vs Rs 1,449.3 crore
IRCON International Q3 (Consolidated YoY)
Profit jumps 16% to Rs 99.85 crore Vs Rs 86.1 crore
Revenue drops 18.9% to Rs 2,119 crore Vs Rs 2,612.9 crore
Godrej Industries Q3 (Consolidated YoY)
Profit rises 8.7% to Rs 204.6 crore Vs Rs 188.2 crore
Revenue increases 4.7% to Rs 5,051.2 crore Vs Rs 4,824.8 crore
Elgi Equipments Q3 (Consolidated YoY)
Profit soars 18.1% to Rs 95.2 crore Vs Rs 80.6 crore
Revenue grows 18.4% to Rs 1,003.4 crore Vs Rs 847.6 crore
Jupiter Wagons Q3 (Consolidated YoY)
Profit drops 35.3% to Rs 63 crore Vs Rs 97.3 crore
Revenue declines 13.5% to Rs 890.4 crore Vs Rs 1,029.8 crore
Hikal Q3 (Consolidated YoY)
Loss stands at Rs 5.9 crore Vs profit of Rs 17.2 crore
Revenue grows 10.4% to Rs 494.3 crore Vs Rs 447.7 crore
Labour code impact stands at Rs 38 crore Vs Nil
Garware Technical Fibres Q3 (Consolidated YoY)
Profit surges 17.9% to Rs 56.3 crore Vs Rs 47.8 crore
Revenue increases 10.4% to Rs 387.2 crore Vs Rs 350.7 crore
TBO Tek Q3 (Consolidated YoY)
Profit rises 7.4% to Rs 53.7 crore Vs Rs 49.97 crore
Revenue zooms 85.8% to Rs 784.3 crore Vs Rs 422.2 crore
Exceptional loss stands at Rs 5.3 crore Vs gains of Rs 3.7 crore
Orkla India Q3 (Consolidated YoY)
Profit falls 14% to Rs 56.6 crore Vs Rs 65.9 crore
Revenue rises 3.4% to Rs 636.1 crore Vs Rs 615.3 crore
Labour code impact stands at Rs 15.84 crore Vs Nil
Himatsingka Seide Q3 (Consolidated YoY)
Profit sinks 65% to Rs 7.7 crore Vs Rs 21.8 crore
Revenue plunges 11.6% to Rs 611.4 crore Vs Rs 691.5 crore
Stocks to Watch
The Reserve Bank of India has accorded its approval to ICICI Prudential Asset Management Company, along with group entities of ICICI Bank, to acquire up to a 9.95 percent stake in Federal Bank.
Promoters — Sanjay Lodha, Navin Lodha, Niraj Lodha, and Vivek Lodha — are likely to sell up to a 3 percent stake in Netweb via block deals, with a likely offer size of Rs 514.5 crore and a floor price of Rs 3,027 per share, CNBC-TV18 reported, quoting sources.
The company has received an order from Banaras Locomotive Works worth Rs 411.17 crore for the supply, installation, testing, and commissioning of 505 units of On-board KAVACH, as per RDSO specifications.
Block Deals
The Government of India and institutional investors-managed National Investment and Infrastructure Fund-II exited Ather Energy by selling their entire holding of 73.33 lakh shares (equivalent to 1.92 percent of the paid-up equity) for Rs 330.6 crore on the BSE and NSE.
Meanwhile, a total of 11 domestic and global investors — ICICI Prudential Mutual Fund, Tata Mutual Fund, Morgan Stanley Asia Singapore, Aditya Birla Sun Life MF, WhiteOak Capital MF, Goldman Sachs Bank Europe, Abu Dhabi Investment Authority, Invesco MF, Motilal Oswal MF, Societe Generale, and Tata AIG Life Insurance Company — purchased the 1.92 percent stake. The transaction took place at a price of Rs 710 per share.
Bulk Deals
TIAA-CREF Funds’ TIAA CREF Emerging Markets Equity Index Fund, managed by Teachers Advisors (an affiliate of Nuveen), sold 87.3 lakh shares (a 1.78 percent stake) in Sterlite Technologies at Rs 144.81 per share, amounting to Rs 126.4 crore.
Stocks Trade Ex-Dividend
Gateway Distriparks
Goldiam International
Procter & Gamble Health
Repco Home Finance
Snowman Logistics
Star Cement
Sun TV Network
Stock Trades Ex-Date for Income Distribution
POWERGRID Infrastructure Investment Trust
Stocks in F&O ban
SAIL
Sammaan Capital
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
