Page 6 - Domestic Markets
Hindustan Zinc share price falls 8% as govt to sell 2.5% stake via OFS
The floor price for the offer for sale is fixed at Rs 505 per share. The two-day OFS opens for institutional bidders today and for retail investors on Thursday
 "Hindustan Zinc share price falls 8% as govt to sell 2.5% stake via OFS")
Mankind Pharma up 6% as PAT rises 29%, margins up 220 bps in Q2FY25
Mankind Pharma declared its September quarter numbers on Tuesday after market hours
 "Mankind Pharma up 6% as PAT rises 29%, margins up 220 bps in Q2FY25")
Market today: US elections, Q2 results, Swiggy & ACME Solar IPOs to open
While the US presidential elections will be closely monitored, September quarter results, BOJ's meeting minutes, and other macroeconomic data will also be on radar
 "Market today: US elections, Q2 results, Swiggy & ACME Solar IPOs to open")
Why Spotify music distributor Saregama's stock went out of tune today?
On Tuesday, during market hours, Saregama India logged a consolidated net profit at Rs 44.9 crore, down 6.6 per cent from Rs 48.1 crore a year ago
 "Why Spotify music distributor Saregama's stock went out of tune today?")
Shyam Metalics gains 3% on commissioning blast furnace & sinter plant in WB
The company invested Rs 600 crore for the project and it aims to expand production capabilities to meet the growing demand for high-quality steel products across various industries.
 "Shyam Metalics gains 3% on commissioning blast furnace & sinter plant in WB")
Embassy REIT declines 3% as CEO Aravind Maiya resigns post Sebi's order
Aravind Maiya's departure follows a directive from the Sebi to suspend him in an interim capacity
 "Embassy REIT declines 3% as CEO Aravind Maiya resigns post Sebi's order")
Tube Investment down 5% as Q2 profit declines 14%, expenses rise 18%
The engineering division of Tube investment clocked a revenue of Rs 1,323 crore compared to Rs 1,274 crore in the corresponding period in the preceding fiscal
 "Tube Investment down 5% as Q2 profit declines 14%, expenses rise 18%")
JK Paper slips 7% as Q2 profit falls 58% to Rs 129 crore, expenses up 15%
JK Paper logged consolidated total income in the second quarter stood at Rs 1,714.88 crore as compared to Rs 1,708.81 crore in the year-ago period
 "JK Paper slips 7% as Q2 profit falls 58% to Rs 129 crore, expenses up 15%")
P&G Health clocks 52-week high after reporting good Q2 results; PAT up 26%
P&G Health's revenue from operations for the quarter under review stood at Rs 313.41 crore as compared to Rs 304.93 crore year-on-year (Y-o-Y) which implies an increase of 2.7 per cent
 "P&G Health clocks 52-week high after reporting good Q2 results; PAT up 26%")
Blood on D-St: Why Nifty dropped below 24,000, Sensex fell 942 pts today?
FII selling, US elections, muted Q2 earnings and other factors are among the top reasons why Indian benchmark indices are trading with deep cuts today
Exide Industries share price drop 4% after net profit slips 14% YoY in Q2
"For the near-term, business outlook is positive and commodity prices have started easing, which is expected to support profitability," said Avik Roy, MD & CEO, Exide Industries
Steel Strips slips 4% after releasing Oct sales nos; Check details
As per the company filing, Steel Strips Wheels monthly net turnover for October stood at Rs 370.05 crore as compared to Rs 395.67 crore a year ago which implies to a decline of 6.48 per cent Y-o-Y
 "Steel Strips slips 4% after releasing Oct sales nos; Check details")
PB Fintech's PAT likely to rise 110% QoQ, margins to improve, say analysts
Analysts and investors will keep an eye on management's commentary around recent decisions to foray into healthcare
 "PB Fintech's PAT likely to rise 110% QoQ, margins to improve, say analysts")
Market today: US elections, Fed policy decision, Q2 results, Afcons listing
Investors will closely watch the developments in the US with respect to elections and interest rate cuts this week
 "Market today: US elections, Fed policy decision, Q2 results, Afcons listing")
Tata Power charges 4% post Q2 results; Should you buy, sell or hold?
Tata Power Renewable Energy estimated the impact of stamp duty related to a merger at Rs 140 crore during the quarter, which the company disclosed as an exceptional item
 "Tata Power charges 4% post Q2 results; Should you buy, sell or hold?")
DCM Shriram share price rises 10% in trade; here's what's boosting rally
DCM Shriram posts 95 per cent jump in net profit in Q2 to Rs 62.92 crore
 "DCM Shriram share price rises 10% in trade; here's what's boosting rally")
Star Health slips 7% after reporting 11% fall in PAT in Q2 to Rs 111-cr
Star Health's total expenses also increased 18.7 per cent to Rs 3,898.58 crore in the quarter under review as compared to Rs 3,283.99 crore
 "Star Health slips 7% after reporting 11% fall in PAT in Q2 to Rs 111-cr")
Capri Global Capital share price up 15%; What's boosting rally in stock?
Capri Global Capital, on Tuesday, after market hours, registered a consolidated net profit of Rs 96.98 crore as compared to Rs 65.24 crore a year ago
 "Capri Global Capital share price up 15%; What's boosting rally in stock?")
IOCL declines 4% after slipping into loss in Q2 from profit a year ago
IOCL reported a net loss of Rs 169.58 crore as compared to a net profit of Rs 13,114.3 crore in Q2FY24
 "IOCL declines 4% after slipping into loss in Q2 from profit a year ago")
Inox Wind shares gain 7% after swinging into Rs 90-cr profit in Q2FY25
Inox Wind posted a net profit of Rs 90.2 crore for the quarter ended September 30, helped by higher income
 "Inox Wind shares gain 7% after swinging into Rs 90-cr profit in Q2FY25")
