Stocks in News/Q2 RESULTS IN BRIEF: ADANIPOWER, ADANIGREEN, BIOCON, RAILVIKAS, ZAGGLE, LARSEN

AHMEDABAD, 31 OCTOBER

Yatharth Hospital: Company acquires 60% stake in MGS Infotech for ₹91.2 cr. (Positive)

Brigade Ent: Brigade Hotel Ventures filed draft red herring prospectus for IPO. (Positive)

Adani Power: Company has entered into a Power Supply Agreement for supply of 1,496 MW for a period of 25 years with the Maharashtra State Electricity Distribution Company (Positive)

Adani Green: Company has entered into power purchase agreements with Maharashtra State Electricity Distribution Company for supply of 5 GW (5,000 MW) solar power (Positive)

Biocon: Biologics’ Drug Substance Facility in Bengaluru Classified as Voluntary Action Indicated (Positive)

Rail Vikas: Company got LOA for project worth Rs 2.84 billion (Positive)

Zaggle: Company has entered into an agreement with Dr Batra”s Positive Healthcare Private Limited (Positive)

EPL Ltd: PE firm Blackstone mulls strategic review of its invests in EPL Ltd, If strategic review proceeds it would likely be full stake sale via M&A: Moneycontrol (Positive)

Real Estate Stocks: Registration of properties in Mumbai rises in Diwali 2024 month; over 12,500 units registered: Anarock (Positive)

KRN Heat Exchanger: Net profit at Rs 12.3 cr vs Rs 8.6 cr, Revenue at Rs 91 cr vs Rs 71 cr (YoY) (Positive)

Dlink: Net profit at Rs 27 cr vs Rs 24 cr, Revenue at Rs 336 cr vs Rs 308 cr (YoY) (Positive)

Sunita Tools: Net profit at Rs 3.4 cr vs Rs 1.6 cr, Revenue at Rs 15 cr vs Rs 8 cr (YoY) (Positive)

Mangalam Global: Net profit at Rs 5.6 cr vs Rs 0.96 cr, Revenue at Rs 562 cr vs Rs 440 cr (YoY) (Positive)

Indraprashta Medical: Net profit at Rs 42.4 cr vs Rs 32.8 cr, Revenue at Rs 350 cr vs Rs 317 cr (YoY) (Positive)

Aeroflex Ind: Net profit at Rs 13.6 cr vs Rs 11.6 cr, Revenue at Rs 93.5 cr vs Rs 84.0 cr (YoY) (Positive)

L&T: Net profit at Rs 3395 cr vs Rs 3223 cr, Revenue at Rs 61555 cr vs Rs 51024 cr (YoY) (Positive)

Kwality Pharma: Net profit at Rs 12.6 cr vs Rs 8.2 cr, Revenue at Rs 90.0 cr vs Rs 69.7 cr. (YoY) (Positive)

Mirc: Net profit at Rs 1.4 cr vs loss Rs 6.4 cr, Revenue at Rs 150 cr vs Rs 193 cr. (YoY) (Positive)

DCM Shriram: Net profit at Rs 63.0 cr vs Rs 32.0 cr, Revenue at Rs 3130 cr vs Rs 2825 cr. (YoY). (Positive)

HCC: Net Profit at Rs 63.9 cr vs loss Rs 2.8 cr, Revenue at Rs 1350 cr, down 23 percent. (YoY) (Positive)

Panchmahal Steel: Net profit at Rs 1.8 cr vs Rs 0.7 cr, Revenue at Rs 99 cr vs Rs 119 cr (YoY) (Neutral)

TCI Express: Net profit at Rs 26.3 cr vs Rs 35.6 cr, Revenue at Rs 310 cr vs Rs 320 cr (YoY) (Neutral)

IRB Infra: Net profit at Rs 99.9 cr vs Rs 95.7 cr, Revenue at Rs 1580 cr vs Rs 1745 cr (YoY) (Neutral)

Tata Power: Net profit at Rs 926.5 cr vs Rs 875.5 cr, Revenue at Rs 15,697 cr vs Rs 15,738 cr (YoY) (Neutral)

Automative Axles: Net profit at Rs 36.0 cr vs Rs 34.0 cr, Revenue at Rs 490 cr vs Rs 580 cr (YoY) (Neutral)

Protean: Net profit at Rs 28 cr vs Rs 32.8 cr, Revenue at Rs 220 cr vs Rs 236 cr (YoY) (Neutral)

Bharti Airtel: Bharti Telecom planning about Rs 11,200 Cr Non-convertible debentures sale (Neutral)

IT Stocks: Cognizant beats quarterly profit estimates on gradual recovery in IT services demand, however Cognizant is trading with marginal gains (Neutral)

Zaggle Prepaid: Company Board approves fund raise of up to Rs 950 cr via QIP (Neutral)

Zydus Wellness: Company to acquire 100% stake in Naturell (India) Pvt ltd, a strategic leap into healthy consumer snacking space, deal for Rs 3.69 billion (Neutral)

Biocon: Net loss at Rs 16 cr vs Net Profit Rs 125.6 cr, Revenue at Rs 3590 cr vs Rs 3462 cr (QoQ) (Negative)

Kiocl: Net loss at Rs 69.2 cr vs Rs 21.4 cr, Revenue at Rs 15.9 cr vs Rs 430 cr (YoY) (Negative)

Dabur: Net Profit at Rs 418 Cr Vs poll Rs 446 Cr, Revenue at Rs 3029 Cr Vs Rs 3042 Cr (YoY) (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.)