Page 144 - Markets Today
Marico share rallies 9% as Q2 results beat estimates; profit zooms 20% YoY
The Marico share price rallied after the company posted stronger-than-expected Q2FY25 results, which beat street estimates
 "Marico share rallies 9% as Q2 results beat estimates; profit zooms 20% YoY")
Nazara Tech up 4% as arm acquires UK's growth marketing agency for Rs 52-cr
The acquisition will enable Datawrkz's growth across Europe and North America, positioning it as a scaled player in the global digital advertising market
 "Nazara Tech up 4% as arm acquires UK's growth marketing agency for Rs 52-cr")
GDP growth, inflation among key triggers that may drive mkts in Samvat 2081
While GDP growth may have moderated in Q2FY25, inflation might not weigh so heavily on markets in Samvat 2081 say analysts. Here are some key insights on what may drive markets going forward
 "GDP growth, inflation among key triggers that may drive mkts in Samvat 2081")
NHPC up 3% as unit commissions 88 MW Omkareshwar Floating Solar Power Plant
The project cost is Rs 589.16 crore, NHPC said in a statement.
 "NHPC up 3% as unit commissions 88 MW Omkareshwar Floating Solar Power Plant")
Concor shares rise 4% after company declares dividend, reports Q2 results
Concor's consolidated net profit contracted 0.53 per cent to Rs 365.4 crore for three months ending September 30, 2024, from Rs 367.36 crore a year ago
 "Concor shares rise 4% after company declares dividend, reports Q2 results")
This Ashish Kacholia portfolio stock has zoomed 32% in 3 days: Details here
Shares of Ami Organics hit a new high of Rs 1,987.40, surging 9% in intra-day trade on Wednesday, and zooming 96% from its June month low of Rs 1,014 on the BSE
 "This Ashish Kacholia portfolio stock has zoomed 32% in 3 days: Details here")
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")
Dynacons Systems & Solutions shares fly 13% on Rs 108-cr order from NABARD
The rise in the Dynacons Systems & Solutions share price came after the company announced that it has secured an order worth Rs 108 crore from the NABARD
 "Dynacons Systems & Solutions shares fly 13% on Rs 108-cr order from NABARD")
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?")
Why have Force Motors shares hit 20% upper circuit in trade today?
Force Motors registered a consolidated net profit of Rs 134 crore as compared to Rs 92.4 crore a year ago
 "Why have Force Motors shares hit 20% upper circuit in trade today?")
Here's why Shriram Properties share price jumped 7% on October 30; details
The uptick in share price came after the company announced that it has signed a Joint Development Agreement (JDA) for a 6-acres prime land in the upcoming micro markets of Undri in Pune
GRSE share price rises 4% on securing order worth Rs 491 crore from NPOL
The spike in GRSE share price was fuelled by a Rs 490.98-crore order win from Naval Physical & Oceanographic Laboratory, Gol, Ministry of Defence DRDO, Kochi
 "GRSE share price rises 4% on securing order worth Rs 491 crore from NPOL")
Voltas share price tanks 7% amid profit booking after healthy Q2 results
The fall in the share price came on the back of profit booking after the company posted stellar September quarter of financial year 2025 (Q2FY25) results on Tuesday, October 29, 2024
 "Voltas share price tanks 7% amid profit booking after healthy Q2 results")
Kaynes Technology gains 7% after Q2FY25 results; PAT up 86%, rev up 59%
Kaynes Technology India's total income increased 63.7 per cent to Rs 605.66 crore in the quarter under review as compared to Rs 369.8 crore
 "Kaynes Technology gains 7% after Q2FY25 results; PAT up 86%, rev up 59%")
FIIs OI in index futures down 40% from peak; Volatility likely to rise
F&O cues for Oct 30: Nifty options reveals a neutral sentiment with Call and Put activity nearing parity, and the PCR rising to 0.93, said Dhupesh Dhameja of SAMCO Securities.
 "FIIs OI in index futures down 40% from peak; Volatility likely to rise")
Market today: Nasdaq at record, US Q3 GDP, Godavari Biorefineries listing
Corporate earnings in the US and India, apart from US GDP and job openings data, along with India's September month manufacturing numbers will be on investors' radar today
Market Close Highlights, Oct 29: Sensex adds 364pts, Nifty ends above 24,450; Banks, financials lead
Stock Market Highlights:Notably, 31 out of the 50 constituent stocks of the Nifty 50 ended higher, led by SBI, BEL, HDFC Life, SBI Life, and Eicher Motors, with gains of up to 5.05 per cent
 "Market Close Highlights, Oct 29: Sensex adds 364pts, Nifty ends above 24,450; Banks, financials lead")
This smallcap has surged 18% on healthy outlook; zoomed 79% in 3 months
Shares of the Anup Engineering hit a record high of Rs 3,237.95, as they rallied 18% on the NSE in Tuesday's intra-day and zoomed 137% thus far in calendar year 2024.
1 out of 6 Nifty 500 stock falls over 20%; Time to worry or cherry pick?
Many quality small- and medium-cap stocks have become appealing buys, and the medium-to-long-term outlook remains robust due to economic factors, said G Chokkalingam of Equinomics Research.
 "1 out of 6 Nifty 500 stock falls over 20%; Time to worry or cherry pick?")
JSW Energy up 4% as conglomerate signs MoU with Korea's POSCO group
The collaboation is expected to boost India's steel production capacity and advance sustainability efforts in both countries