Page 715 - Si Reporter

MARKET WRAP: Sensex up 36 pts, Nifty ends at 11,899.50; Dish TV jumps 29%

All that happened in markets today.

Spandana Sphoorty surges 11% on strong Q2 results

The stock rallied 11 per cent to Rs 1,212, its highest level since listing on August 19. It has appreciated 42 per cent against issue price of Rs 856 per share.

IndusInd Bank gains 5% after board finalises new MD & CEO to replace Sobti

As mandated under the extant RBI norms, the bank has submitted an application to the Reserve Bank of India, seeking approval for the appointment of the new MD & CEO of the bank.

Cochin Shipyard surges 6% on contract win worth Rs 3,000 crore

The company has signed the Phase-III contract for construction of the indigenous aircraft carrier for Indian Navy.

Dilip Buildcon adds 3% on bagging contract for Rajkot's greenfield airport

Earlier, on October 30, the company informed the exchanges that NHAI has fixed October 24 as the appointment date for its wholly-owned subsidiary for construction of a highway under Bharatmala

Sugar stocks in focus; Bajaj Hindusthan Sugar, Avadh Sugar climb up to 10%

According to a Reuters report, India's 2019-20 sugar production should fall to 26.9 million tonnes, 1.3 million tonnes below an August projection.

Indian Oil Corp slips over 4% as PBT in September quarter plunges 83% YoY

The company's net profit (profit after tax) came in at Rs 563.42 crore, as against Rs 3,246.93 crore during the same period in fiscal year 2018-19.

Stocks to watch: YES Bank, DR Reddy's, IndiGo, IOC, HCC, Voda Idea, autos

Here's a look at the top stocks that may remain in focus today.

YES Bank ends 24% higher on $1.2 billion binding offer from global investor

The bank has received a binding offer from a global investor for an investment of US $ 1.2 billion in the Bank through fresh issuance of equity shares

F&O expiry: Sensex pares gains, ends 77 pts higher; YES Bank advances 24%

All that happened in markets today.

Tata Motors hits 5-month high; zooms 42% in four days on strong Q2 results

The stock gained 4% at Rs 180 in the intra-day trade on Thursday and was trading at its highest level since May 29, 2019.

PSU banks extend rally; SBI surges 15% in one week on strong Q2 results

In the past week, United Bank of India & Central Bank of India have rallied the most, up 43% and 37%, respectively, while Syndicate Bank, Andhra Bank, UCO Bank & Corporation Bank have gained up to 22%

Telecom stocks in focus: Voda Idea hits record low, Bharti Airtel dips 1%

In another development, Reliance Jio on Wednesday attacked incumbent operators, saying it disagreed with "the threatening and blackmailing tone" of the COAI's letter against the SC's judgement on AGR

Tata Global Beverages rallies 6%, nears record high on healthy Q2 numbers

The consolidated revenue from operations during the quarter increased 4 per cent to Rs 1,834 crore, driven by improvements in both branded and non-branded business.

JK Tyre jumps 14% as Q2 net profit surges over three-fold to Rs 168 crore

It had posted a profit of Rs 45.78 crore in the same period last fiscal.

RPG Life Sciences zooms 20% as PBT jumps four-fold in Q2

Meanwhile, operational revenue during the quarter grew 8.8 per cent at Rs 98.49 crore, as against Rs 90.5 crore in the corresponding quarter of the previous year.

Stocks to watch: Bharti Airtel, Voda-Idea, IOCL, Concor, HDFC, Bandhan Bank

Here's a list of stocks that may remain in focus today.

Graphite India slips 5% as Q2 net profit falls 83% YoY to Rs 185 crore

India removed anti-dumping duties on graphite electrodes imported from China in September 2018 which has resulted in increased imports.

PSU banks gain; SBI, Canara Bank, Bank of Baroda and PNB rise 3%

Central Bank of India, United Bank of India, Syndicate Bank, Andhra Bank and Bank of India were up in the range of 5-12 per cent.

Polycab India rallies 8% to hit new high, zooms 65% against issue price

The company's net profit more-than-doubled to Rs 194 crore in September quarter (Q2FY20), on the back of strong revenue growth.