Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, acquisitions, and listings, here’s a quick look at which stocks will be in focus in today's trade:
Hero MotoCorp, Eicher Motors, LG Electronics India, Alkem Laboratories, Ipca Laboratories, National Securities Depository, Voltas, Apollo Tyres, Bharat Dynamics, Dilip Buildcon, GMR Airports, Jubilant FoodWorks, Samvardhana Motherson International, Muthoot Finance, NBCC (India), New India Assurance Company, Orkla India, Page Industries, PG Electroplast, Titagarh Rail Systems, and TVS Supply Chain Solutions will announce their quarterly results today.
Quarterly Earnings
Tata Steel Q2 (Consolidated YoY)
Profit zooms 319.5% to Rs 3,183 crore Vs Rs 758.8 crore
Revenue grows 8.9% to Rs 58,689.3 crore Vs Rs 53,904.7 crore
Tax expenses fall 26% to Rs 1,039.4 crore Vs Rs 1,405.5 crore
Lloyds Metals and Energy Q2 (Consolidated YoY)
Profit surges 90% to Rs 572.4 crore Vs Rs 301.3 crore
Revenue spikes 154.3% to Rs 3,651.4 crore Vs Rs 1,435.7 crore
Prestige Estates Projects Q2 (Consolidated YoY)
Profit soars 123.9% to Rs 430.3 crore Vs Rs 192.2 crore
Revenue rises 5.5% to Rs 2,431.7 crore Vs Rs 2,304.4 crore
Cochin Shipyard Q2 (Consolidated YoY)
Profit drops 43% to Rs 107.5 crore Vs Rs 188.9 crore
Revenue declines 2.2% to Rs 1,118.6 crore Vs Rs 1,143.2 crore
Nazara Technologies Q2 (Consolidated YoY)
Loss stands at Rs 33.9 crore Vs profit at Rs 18.1 crore
Revenue surges 65% to Rs 526.5 crore Vs Rs 318.9 crore
Exceptional loss stands at Rs 914.7 crore Vs Nil
Indian Railway Catering and Tourism Corporation Q2 (Consolidated YoY)
Profit grows 11.1% to Rs 342 crore Vs Rs 307.9 crore
Revenue increases 7.7% to Rs 1,146 crore Vs Rs 1,064 crore
Sansera Engineering Q2 (Consolidated YoY)
Profit jumps 38.3% to Rs 71.4 crore Vs Rs 51.6 crore
Revenue grows 8.1% to Rs 825.2 crore Vs Rs 763.4 crore
Entero Healthcare Solutions Q2 (Consolidated YoY)
Profit zooms 33.8% to Rs 31.6 crore Vs Rs 23.6 crore
Revenue soars 20.8% to Rs 1,570.9 crore Vs Rs 1,300.7 crore
Endurance Technologies Q2 (Consolidated YoY)
Profit increases 12% to Rs 227.3 crore Vs Rs 203 crore
Revenue grows 23% to Rs 3,582.8 crore Vs Rs 2,912.7 crore
Ircon International Q2 (Consolidated YoY)
Profit falls 33.7% to Rs 136.5 crore Vs Rs 205.9 crore
Revenue drops 19.2% to Rs 1,976.8 crore Vs Rs 2,447.5 crore
Deepak Nitrite Q2 (Consolidated YoY)
Profit tanks 38.9% to Rs 118.7 crore Vs Rs 194.2 crore
Revenue slips 6.4% to Rs 1,901.9 crore Vs Rs 2,032 crore
Cohance Lifesciences Q2 (Consolidated YoY)
Profit plunges 52% to Rs 66.4 crore Vs Rs 138.2 crore
Revenue declines 8% to Rs 555.6 crore Vs Rs 603.8 crore
Data Patterns (India) Q2 (Consolidated YoY)
Profit jumps 62.5% to Rs 49.2 crore Vs Rs 30.3 crore
Revenue spikes 237.8% to Rs 307.5 crore Vs Rs 91 crore
HG Infra Engineering Q2 (Consolidated YoY)
Profit sinks 35.4% to Rs 52.2 crore Vs Rs 80.7 crore
Revenue rises 0.2% to Rs 904.5 crore Vs Rs 902.4 crore
KNR Constructions Q2 (Consolidated YoY)
Profit drops 76.3% to Rs 104.7 crore Vs Rs 441.5 crore
Revenue declines 66.8% to Rs 646.5 crore Vs Rs 1,944.8 crore
Afcons Infrastructure Q2 (Consolidated YoY)
Profit falls 22.4% to Rs 105.1 crore Vs Rs 135.4 crore
Revenue grows 1% to Rs 2,988.4 crore Vs Rs 2,959.7 crore
Gujarat Narmada Valley Fertilizers & Chemicals - GNFC Q2 (Consolidated YoY)
Profit zooms 70.5% to Rs 179 crore Vs Rs 105 crore
Revenue rises 2.7% to Rs 1,968 crore Vs Rs 1,917 crore
Indraprastha Gas Q2 (Consolidated YoY)
Profit drops 15.2% to Rs 385 crore Vs Rs 454.2 crore
Revenue grows 8.9% to Rs 4,446 crore Vs Rs 4,084.2 crore
PNC Infratech Q2 (Consolidated YoY)
Profit spikes 158.5% to Rs 215.8 crore Vs Rs 83.5 crore
Revenue declines 21% to Rs 1,127.6 crore Vs Rs 1,427 crore
Exceptional gains stand at Rs 162.9 crore Vs Nil
SpiceJet Q2 (Consolidated YoY)
Loss widens to Rs 621.3 crore Vs loss of Rs 457.8 crore
Revenue falls 13.4% to Rs 792.4 crore Vs Rs 914.8 crore
Pfizer Q2 (YoY)
Profit soars 19.4% to Rs 189 crore Vs Rs 158.4 crore
Revenue grows 9.1% to Rs 642.3 crore Vs Rs 588.6 crore
Stocks to Watch
The bank has signed a non-binding term sheet with Care Ratings to purchase 29.7 lakh equity shares (representing a 9.9% stake) in CareEdge Global IFSC (CGIL).
The company has entered into a strategic 50:50 joint venture with Filmax Corporation, the South Korean films and chemicals company. The new entity is set to jointly introduce and scale multiple business verticals of Cosmo First in the South Korean market, while also expanding Filmax’s products globally through Cosmo First’s various international arms.
Bulk Deals
Namo eWaste Management, Sahasra Electronic Solutions
Varanium Capital Advisors bought 2.76 lakh shares (equivalent to 1.2% of paid-up equity) in Namo eWaste at Rs 224.6 per share, amounting to Rs 6.2 crore, and 1.68 lakh shares (representing a 0.67% stake) in Sahasra Electronic at Rs 359.17 per share, totaling Rs 6.03 crore.
Block deals
Fortis Healthcare, Lloyds Metals and Energy
Morgan Stanley Asia (Singapore) acquired 5.09 lakh shares in Fortis Healthcare at Rs 975.4 per share for Rs 49.67 crore, and 3.52 lakh shares in Lloyds Metals and Energy at Rs 1,305.2 per share for Rs 46.05 crore, both from UBS AG.
Morgan Stanley Asia (Singapore) picked up 4.62 lakh shares in WeWork India Management at Rs 615.65 per share, worth Rs 28.47 crore, again from UBS AG.
Societe Generale bought 92,289 equity shares in Max Healthcare Institute at Rs 1,095.4 per share for Rs 10.1 crore from BNP Paribas Financial Markets.
Societe Generale acquired 1.14 lakh shares in State Bank of India at Rs 953.3 per share for Rs 10.89 crore from BofA Securities Europe SA.
BNP Paribas Financial Markets acquired 24,722 shares in Schaeffler India at Rs 4,105.65 per share for Rs 10.1 crore from Copthall Mauritius Investment.
BNP Paribas Financial Markets bought 14.91 lakh shares in Billionbrains Garage Ventures (Groww) at Rs 122 per share, totaling Rs 18.19 crore, from UBS AG.
SME Listing
Finbud Financial Services
Stocks Trade Ex-Dividend
ADF Foods
Amara Raja Energy & Mobility
Great Eastern Shipping Company
Patanjali Foods
Sasken Technologies
Kriti Nutrients
Stock Trades Ex-Date for Income Distribution RITES
Knowledge Realty Trust
Stock in F&O ban
SAIL
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