Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and order wins, here’s a quick look at which stocks will be in focus in today's trade: Tata Consumer Products, ITC Hotels, One 97 Communications Paytm, AAVAS Financiers, Aditya Birla Real Estate, Acevector, Aegis Logistics, Aequs, Astec Lifesciences, Ather Energy, Eris Lifesciences, Indian Overseas Bank, LEAP India, Bank of Maharashtra, Mankind Pharma, Nazara Technologies, REC, Sona BLW Precision Forgings, Sunteck Realty, Tamilnad Mercantile Bank, and WeWork India Management will release quarterly earnings scorecard today.
Infosys Q2 (Consolidated YoY) Profit grows 6.2% to Rs 7,823 crore Vs Rs 7,364 crore Revenue increases 10.7% to Rs 49,244 crore Vs Rs 44,490 crore EBIT surges 10.4% to Rs 10,330 crore Vs Rs 9,353 crore EBIT Margin remains unchanged at 21% Dollar revenue rises 1.3% to $5,145 million Vs $5,076 million Infosys FY27 Guidance * Revenue growth in constant currency seen at 1-2% * Operating margin seen at 20-22%
Kotak Mahindra Bank Q2 (Standalone YoY) Profit surges 29.5% to Rs 4,212 crore Vs Rs 3,253.3 crore Net interest income grows 15.7% to Rs 8,459 crore Vs Rs 7,310.7 crore Operating profit jumps 21.1% to Rs 6,382.2 crore Vs Rs 5,268.3 crore Provisions & contingencies fall 15.2% to Rs 803.6 crore Vs Rs 947.4 crore Gross NPA drops to 1.04% Vs 1.18% (QoQ) Net NPA declines to 0.24% Vs 0.27% (QoQ) Dr Reddy's Laboratories Q2 (Consolidated YoY)
Profit tanks 36% to Rs 913.4 crore Vs Rs 1,426.8 crore Revenue falls 1.5% to Rs 8,670.8 crore Vs Rs 8,805.1 crore IndusInd Bank Q2 (Standalone YoY) Profit stands at Rs 1,176.1 crore Vs loss of Rs 444.8 crore Net interest income grows 3.6% to Rs 4,569.5 crore Vs Rs 4,409.4 crore Operating profit jumps 37% to Rs 2,778 crore Vs Rs 2,028 crore Provisions & contingencies fall 53.6% to Rs 1,216.2 crore Vs Rs 2,622.4 crore
Gross NPA declines to 2.73% Vs 3.25% (QoQ) Net NPA slips to 0.83% Vs 0.95% (QoQ) SBI Funds Management Q2 (Consolidated YoY) Profit drops 6% to Rs 701.2 crore Vs Rs 745.9 crore Revenue grows 8.9% to Rs 1,192.7 crore Vs Rs 1,095.1 crore Bank of India Q2 (Standalone YoY) Profit zooms 25.4% to Rs 3,202.4 crore Vs Rs 2,554.6 crore Net interest income grows 18.5% to Rs 7,007.2 crore Vs Rs 5,913.8 crore Operating profit jumps 33.2% to Rs 5,089 crore Vs Rs 3,820.9 crore
Provisions & contingencies spike 80.7% to Rs 797.4 crore Vs Rs 441.2 crore Gross NPA falls to 1.6% Vs 1.81% (QoQ) Net NPA declines to 0.42% Vs 0.51% (QoQ) Torrent Pharmaceuticals Q2 (Consolidated YoY) Profit falls 9.6% to Rs 534 crore Vs Rs 591 crore Revenue spikes 50.8% to Rs 4,979 crore Vs Rs 3,302 crore Coforge Q2 (Consolidated YoY) Profit zooms 56.5% to Rs 588.1 crore Vs Rs 375.8 crore Revenue jumps 53.6% to Rs 6,170.8 crore Vs Rs 4,016.4 crore
Tata Motors CV Q2 (Consolidated YoY) Profit stands at Rs 1,257 crore Vs loss of Rs 867 crore Revenue surges 36.3% to Rs 25,338 crore Vs Rs 18,585 crore Bharat Coking Coal Q2 (YoY) Profit stands at Rs 123.74 crore Vs loss of Rs 53 crore Revenue grows 39% to Rs 4,412.6 crore Vs Rs 3,173.3 crore RailTel Corporation of India Q2 (YoY) Profit drops 9.9% to Rs 68.6 crore Vs Rs 76.1 crore Revenue rises 20.5% to Rs 1,146.1 crore Vs Rs 951.4 crore
Profit jumps 28.3% to Rs 236 crore Vs Rs 184 crore Net interest income grows 17.3% to Rs 699 crore Vs Rs 596 crore Operating profit zooms 26% to Rs 383 crore Vs Rs 304 crore Gross NPA falls to 2.29% Vs 2.43% (QoQ) Net NPA drops to 0.73% Vs 0.84% (QoQ) Netweb Technologies India Q2 (YoY) Profit spikes 334.8% to Rs 136.7 crore Vs Rs 31.4 crore Revenue grows 335.7% to Rs 1,323.3 crore Vs Rs 303.7 crore
Apollo Micro Systems Q2 (Consolidated YoY) Profit surges 55.7% to Rs 48.4 crore Vs Rs 31.1 crore Revenue jumps 72.3% to Rs 388.1 crore Vs Rs 225.3 crore The US FDA conducted an inspection of Lupin’s Goa manufacturing facility from October 19 to 23, concluding with the issuance of a Form 483 containing one observation. BL Kashyap has secured an order worth Rs 495.86 crore from Signature Global (India) for civil structure and partial MEP works for four towers and basements.
KEC International has secured turnkey orders worth Rs 2,872 crore in its transmission and distribution (T&D) business from Power Grid Corporation of India for the design, supply, and installation of 765 kV transmission lines. Sahajanand Medical Technologies Invesco Mutual Fund purchased 8 lakh shares of Sahajanand Medical Technologies at Rs 374.91 apiece and another 28.07 lakh shares at Rs 371.44 apiece.
The transactions represented a 3.5 percent stake in the company's paid-up equity capital, valued at approximately Rs 134.3 crore. HDFC Mutual Fund purchased 5 lakh shares of Tonbo Imaging at Rs 1,154.64 apiece and another 5 lakh shares at Rs 1,200 apiece. The transactions represented a 1.74 percent stake in the company's paid-up equity capital, valued at Rs 117.73 crore. Bajaj Life Insurance also purchased 9 lakh shares, equivalent to a 1.57 percent stake, for Rs 102.14 crore at Rs 1,134.96 per share.
Meanwhile, Buoyant Capital acquired 5.54 lakh shares, representing a 0.96 percent stake, for Rs 62.34 crore at Rs 1,124.43 apiece. On the other hand, Yali Capital, through Yali Deeptech Fund I, exited Tonbo Imaging by selling its entire holding of 24 lakh shares. The sale represented a 4.18 percent stake in the company's paid-up equity capital and was valued at Rs 256.61 crore, at a price of Rs 1,069.22 per share.
Purple Agrotech Industries Ajay Bagga acquired 50,000 equity shares, equivalent to 0.57 percent of paid-up equity, in Purple Agrotech Industries, an agri-commodities trader, for Rs 3.42 lakh at Rs 6.84 per share. Hathi Darshak Sanmukhrai picked up 73,500 shares at same price, valued at Rs 5.02 lakh. Stock Trades Ex-Dividend Hexaware Technologies Stocks Trade Ex-Date for Resolution Plan -Suspension Ashapura Intimates Fashion Talwalkars Better Value Fitness Stock Trades Ex-Date for Split Kaynes Technology India
