Stocks in News and views at a Glance
Persistent: Cons PAT at Rs 237.9 cr Vs Rs 220 cr QoQ, Cons revenue at Rs 2,169.4 cr Vs Rs 2,048.6 cr QoQ. (Positive)
Goa Carbon: Net profit up 57% at Rs 25.6 cr Vs Rs 16.3 cr, Revenue up 93% at Rs 416.8 cr Vs Rs 216.1 cr (YoY) (Positive)
Coal India: Coal Ministry targets one billion tonne production in FY24 (Positive)
Wipro: Company opens AWS Launch Pad Center in Toronto, Canada (Positive)
Mahindra Lifespaces: Company wins redevelopment project in Mumbai (Positive)
Vedanta: Vedanta is declared as the successful bidder for the acquisition of Meenakshi Energy under Corporate Insolvency Resolution Process. (Positive)
IndiGo: Company is adding 16 special flights starting Thursday in a bid to meet increasing demand for air connectivity (Positive)
Rallis: Net profit down 43% at Rs 22.6 cr Vs Rs 39.6 cr, Revenue up 0.4% at Rs 630.9 cr Vs Rs 628.1 cr (YoY) (Neutral)
Stylam: Net profit up 53.8% at ₹24 cr vs ₹15.6 cr, Revenue up 34.7% at ₹234 cr vs ₹173.3 cr (YoY) (Neutral)
Aurobindo Pharma: US FDA issued a ‘Form 483’ with 2 observations for Unit I & III of APL HealthCare (Neutral)
Indusind Bank Q3: Net profit up 68.7% at Rs 1,959.2 cr Vs Rs 1,241.4 cr, Provisions at Rs 1,064.7 cr Vs & vs Rs 1,654.1 cr YoY (Neutral)
State Bank of India: The country’s largest lender has raised Rs 9,718 crore through its second infrastructure bond issuance at a coupon rate of 7.70 percent (Neutral)
HCL Technologies: Shares of the company will trade ex-dividend for the Rs 10 dividend per share announced last week. (Neutral)
OFSS: Net profit for quarter was10% higher sequentially at Rs 437 crore (Neutral)
KDDL: The board has approved buyback of up to 1,75,000 shares worth Rs 21 crore at Rs 2,100 apiece. (Neutral)
Bharti Airtel: The group announced that it will be investing Rs 2,000 crore for setting up a large hyperscale data centre in Telangana. (Neutral)
Adani Enterprises: Co to give 9% discount in follow-on offer (Negative)
Alok Industries: The textile manufacturing company’s consolidated net loss widened to Rs 250 crore (Negative)
(Disclaimer: The information provided here is investment advice only. Investing in the markets is subject to risks and please consult your advisor before investing.)
(સ્પષ્ટતા: અત્રેથી આપવામાં આવતી તમામ પ્રકારની માહિતી કોઇપણ પ્રકારે રોકાણ, ટ્રેડીંગ માટેની સલાહ નથી. બજારોમાં રોકાણ જોખમોને આધીન છે અને રોકાણ કરતા પહેલા કૃપા કરીને તમારા સલાહકારની સલાહ લો.)
