Stocks to watch today: Tech Mahindra's net profit for Q2 FY23 was down 4 per cent at Rs 1,285 crore due to supply-side pressure; NCC received two new orders worth Rs 1,056 crore in October
MARKET WRAP: Pharma, power and IT stocks were the major gainers in trade on Tuesday, while index heavyweight Reliance Industries and select banking shares ended on a tepid note.
Analysts believe that L&T is well-placed to benefit from overall diversified tender prospects with better order conversion in the domestic market
Stocks to Watch today: Bharti Airtel's (Airtel's) consolidated net profit jumped 89% year-on-year (YoY) to Rs 2,145 crore in the second quarter (Q2) of 2022-23, led by strong revenue growth
CLOSING BELL: The Financial Services, IT, Pharma, Auto, and Consumer Durable indices gained over 1 per cent each, while others added up to 1 per cent
The board of directors of Titan is scheduled to meet on Friday, November 4, 2022 to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2022
Analysts believe that though balance sheet restructuring in progress, the operationally weak performance and uncertainty on stressed pool remains an overhang
Stocks to Watch today: Reliance Strategic Business Ventures Ltd (RSBVL), a wholly owned subsidiary of Reliance Industries Ltd (RIL), has acquired an additional stake in skyTran Inc for Rs 123.4 crore
Analysts believe that Narayana Hrudayalaya's revenues will increase by around 8 per cent QoQ to Rs 1,117 crore amid continued traction for elective surgeries.
Stocks to watch today: Maruti Suzuki, Vedanta will report the July-September quarter (Q2FY23) results on Friday, October 28; SBI Card reported 52 per cent YoY jump in net profit Rs 526 crore in Q2FY23
CLOSING BELL: Tata Steel, Power Grid, Sun Pharma, Axis Bank, Bharti Airtel, Kotak Bank, M&M, HDFC, Dr Reddy's Labs, and Titan were the leading winners
Stocks to watch today: SBI Cards, Indus Towers will report July-September quarter results on Thursday, October 27; Sony India and Zee Ent plan to sell 3 Hindi channels to address anti-competition
CLOSING BELL: The top drags were Nestle, Bajaj Finserv, HUL, Kotak Bank, RIL, HDFC, Bajaj Finance, Asian Paints, and IndusInd Bank as they fell in the range of 1 per cent to 3 per cent
Stocks to watch today: Reliance Industries flat net profit at Rs 13,656 crore in Q2FY23; Chennai Petroleum will post Q2FY23 results on Tuesday, October 25
Stocks to Watch: The Competition Commission of India (CCI) has approved Carlyle Group and Advent International's acquisition of up to 10 per cent stake each in YES Bank
HUL Q2 preview: Analysts expect the cost inflation in palm prices and packaging material to dent the FMCG major's margin picture in Q2-FY23
Stocks to watch today: Tracxn Technologies will make its debut on the bourses Thursday. As per IPO Watch, it may see a muted listing with flat to a negative discount. The issue price is Rs 80 a share
As we enter Samvat 2079, analysts believe that the domestic market's outperformance against global peers will sustain as fundamentals and profitability of Indian corporate improves
Stocks to watch today: Adani Enterprises' subsidiary has acquired aircraft maintenance repair and overhaul unit Air Works for Rs 400 crore
CLOSING BELL: The gains were largely led by bank, auto, IT, and FMCG stocks. Their sectoral indices were up over 1 per cent each