Stocks in Focus

Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and acquisitions, here’s a quick look at which stocks will be in focus in today's trade:

Results Today

Eicher Motors, Alkem Laboratories, Apollo Tyres, Vodafone Idea, Astrazeneca Pharma, Brigade Enterprises, Dilip Buildcon, Dishman Carbogen Amcis, Deepak Nitrite, ESAF Small Finance Bank, Exicom Tele-Systems, Godrej Industries, Garden Reach Shipbuilders & Engineers, Happiest Minds Technologies, HEG, Kalyan Jewellers India, KSB, NBCC India, PI Industries, Rashtriya Chemicals & Fertilizers, Shilpa Medicare, Sigachi Industries, SKF India, Sun TV Network, Thermax, Tolins Tyres, Torrent Power, Unichem Laboratories, Varroc Engineering, Wockhardt, and Zaggle Prepaid Ocean Services will release quarterly earnings on November 13.

Quarterly Earnings

BSE Q2 (Consolidated YoY)

Profit zooms 188% to Rs 346.8 crore Vs Rs 120.5 crore

Revenue surges 137.3% to Rs 746.3 crore Vs Rs 314.5 crore

FSN E-Commerce Ventures Nykaa Q2 (Consolidated YoY)

Profit jumps 66.3% to Rs 12.97 crore Vs Rs 7.8 crore

Revenue grows 24.4% to Rs 1,874.7 crore Vs Rs 1,507 crore

EBITDA increases 28.6% to Rs 103.7 crore Vs Rs 80.6 crore

Margin expands 20 bps to 5.55% Vs 5.35%

Bosch Q2 (Consolidated YoY)

Profit sinks 46.4% to Rs 536 crore Vs Rs 999 crore

Revenue grows 6.4% to Rs 4,394.3 crore Vs Rs 4,130.1 crore

EBITDA increases 14.1% to Rs 560.5 crore Vs Rs 491.3 crore

Margin expands 90 bps to 12.8% Vs 11.9%

Other income rises to Rs 208.9 crore Vs Rs 154.2 crore

Exceptional gains at Rs 48.5 crore Vs Rs 785 crore

MedPlus Health Services Q2 (Consolidated YoY)

Profit zooms 166% to Rs 38.7 crore Vs Rs 14.5 crore

Revenue grows 11.9% to Rs 1,576.2 crore Vs Rs 1,408.6 crore

Ashoka Buidcon Q2 (Consolidated YoY)

Profit spikes 334.1% to Rs 462.5 crore Vs Rs 106.5 crore

Revenue increases 15.5% to Rs 2,488.9 crore Vs Rs 2,154.3 crore

PNC Infratech Q2 (Consolidated YoY)

Profit plunges 43.6% to Rs 83.5 crore Vs Rs 147.9 crore

Revenue declines 25.3% to Rs 1,427 crore Vs Rs 1,911.4 crore

Sula Vineyards Q2 (Consolidated YoY)

Profit declines 37.3% to Rs 14.5 crore Vs Rs 23.1 crore

Revenue falls 1.1% to Rs 141.2 crore Vs Rs 142.8 crore

Gujarat State Fertilizers & Chemicals Q2 (Consolidated YoY)

Profit declines 3.5% to Rs 298.2 crore Vs Rs 308.9 crore

Revenue drops 15.5% to Rs 2,635.2 crore Vs Rs 3,118.7 crore

DCX Systems Q2 (Consolidated YoY)

Profit tanks 73.7% to Rs 5.2 crore Vs Rs 19.8 crore

Revenue declines 36.7% to Rs 195.6 crore Vs Rs 309.1 crore

EMS Q2 (Consolidated YoY)

Profit jumps 33.6% to Rs 49.7 crore Vs Rs 37.2 crore

Revenue grows 13.2% to Rs 233.5 crore Vs Rs 206.3 crore

PTC India Q2 (Consolidated YoY)

Profit increases 12.5% to Rs 146.2 crore Vs Rs 129.9 crore

Revenue rises 1.2% to Rs 5,128 crore Vs Rs 5,069.5 crore

Repco Home Finance Q2 (Consolidated YoY)

Profit grows 15.1% to Rs 115.1 crore Vs Rs 100 crore

Revenue rises 1.7% to Rs 175.7 crore Vs Rs 172.7 crore

Stocks To Watch

PNB Housing Finance

Quality Investment Holdings PCC is likely to sell a 9.43% stake in PNB Housing Finance, with an offer price of Rs 939.3 per share, reports CNBC-TV18, quoting sources. Quality Investment held a 19.87% stake in the company as of September 2024.

Varun Beverages

The Board has approved the company's acquisition of 100% of the share capital of SBC Tanzania at an equity value of $154.5 million (Rs 1,304 crore), and 100% of the share capital of SBC Beverages Ghana at an equity value of $15.06 million (Rs 127.1 crore). The companies hold franchise rights from PepsiCo Inc. in Tanzania and Ghana, respectively. Further, Varun will acquire the remaining 39.93% share capital of its subsidiary Lunarmech Technologies for Rs 200 crore. After this stake acquisition, Lunarmech will become a wholly-owned subsidiary of Varun.

Tata Chemicals

The company's subsidiary, Tata Chemicals Europe (TCEL), will invest Rs 655 crore to build a 1,80,000 tons per annum pharmaceutical-grade sodium bicarbonate plant in Northwich, United Kingdom. This new plant will triple TCEL’s production capacity of pharmaceutical-grade sodium bicarbonate in the UK. Additionally, as part of the restructuring operations to facilitate this investment, TCEL will cease chemical production at its loss-making Lostock plant by the end of January 2025.

Mainboard Listing on November 13

Swiggy, ACME Solar Holdings

F&O ban

Aarti Industries, Hindustan Copper, Aditya Birla Fashion & Retail, Granules India, Manappuram Finance