12 Nov , 2024 By : Debdeep Gupta
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
Hyundai Motor India, FSN E-Commerce Ventures Nykaa, Zydus Lifesciences, Bosch, General Insurance Corporation of India, Ashoka Buildcon, Cello World, CESC, Diffusion Engineers, EIH, EMS, Entero Healthcare Solutions, EPACK Durable, Finolex Cables, Jyothy Labs, Kronox Lab Sciences, Samvardhana Motherson International, Natco Pharma, Stanley Lifestyles, Sula Vineyards, Sunteck Realty, TBO TEK, and Techno Electric & Engineering Company will announce their September quarter earnings on November 12
Quarterly Earnings
Oil and Natural Gas Corporation - ONGC Q2 (Standalone QoQ)
Profit surges 34.1% to Rs 11,984 crore Vs Rs 8,938.1 crore
Revenue drops 3.9% to Rs 33,881 crore Vs Rs 35,266.4 crore
EBITDA rises 0.3% to Rs 17,025 crore Vs Rs 16,975 crore
Margin declines 210 bps to 50.2% Vs 48.1%
Other income spikes to Rs 4,765.6 crore Vs Rs 2,085.7 crore
Tax expenses increased to Rs 3,052 crore Vs Rs 3,018 crore
Board announces interim dividend of Rs 6 per share for FY25
Britannia Industries Q2 (Consolidated YoY)
Profit falls 9.4% to Rs 531.6 crore Vs Rs 586.5 crore
Revenue increases 5.3% to Rs 4,667.6 crore Vs Rs 4,432.9 crore
EBITDA drops 10.2% to Rs 783.4 crore Vs Rs 872.4 crore
Margin declines 290 bps to 16.8% Vs 19.7%
Bank of India Q2 (Standalone YoY)
Profit spikes 63% to Rs 2,374 crore Vs Rs 1,458 crore
Net interest income grows 4% to Rs 5,986 crore Vs Rs 5,740 crore
Net interest margin drops to 2.82% Vs 3.08%
Operating profit increases 10% to Rs 4,147 crore Vs Rs 3,756 crore
Non-interest income jumps 49% to Rs 2,518 crore Vs Rs 1,688 crore
Tax expenses plunge 50.6% to Rs 730.7 crore Vs Rs 1,478.8 crore
Provisions and contingencies climb 27.5% to Rs 1,043 crore Vs Rs 818.3 crore
Gross NPA declines to 4.41% Vs 4.62% (QoQ)
Net NPA falls to 0.94% Vs 0.99% (QoQ)
Awfis Space Solutions Q2 (Consolidated YoY)
Profit stands at Rs 38.7 crore Vs loss of Rs 4.3 crore
Revenue spikes 40.5% to Rs 292.4 crore Vs Rs 208.2 crore
EBITDA jumps 67% to Rs 100.2 crore Vs Rs 60 crore
Margin expands 550 bps to 34.3% Vs 28.8%
Exceptional gain at Rs 24 crore Vs Nil
Hindalco Industries Q2 (Standalone YoY)
Profit surges 123.3% to Rs 1,891 crore Vs Rs 847 crore
Revenue grows 7.7% to Rs 22,262 crore Vs Rs 20,676 crore
EBITDA jumps 56.5% to Rs 2,749 crore Vs Rs 1,756 crore
Margin expands 380 bps to 12.3% Vs 8.5%
Other income zooms to Rs 825 crore Vs Rs 166 crore
Shree Cement Q2 (Standalone YoY)
Profit tanks 81% to Rs 93.1 crore Vs Rs 491.3 crore
Revenue declines 18.3% to Rs 3,727 crore Vs Rs 4,560 crore
EBITDA plunges 32% to Rs 592.5 crore Vs Rs 870 crore
Margin drops 320 bps to 15.9% Vs 19.1%
Power and fuel cost fall to Rs 1,001.2 crore Vs Rs 1,370.8 crore
Freight and forwarding expenses slip to Rs 891.8 crore Vs Rs 950.8 crore
NMDC Q2 (Consolidated YoY)
Profit jumps 16.7% to Rs 1,195.8 crore Vs Rs 1,025 crore
Revenue surges 22.5% to Rs 4,918.9 crore Vs Rs 4,014 crore
EBITDA increases 16.4% to Rs 1,385.7 crore Vs Rs 1,190.4 crore
Margin declines 150 bps to 28.2% Vs 29.7%
Board approves issuance of two bonus shares for one share held
Ramco Cements Q2 (Standalone YoY)
Profit drops 74.7% to Rs 25.6 crore Vs Rs 101.3 crore
Revenue declines 12.5% to Rs 2,038.2 crore Vs Rs 2,329.3 crore
Insecticides India Q2 (Consolidated YoY)
Profit grows 15.7% to Rs 61.5 crore Vs Rs 53.2 crore
Revenue falls 9.9% to Rs 627.1 crore Vs Rs 696 crore
Jubilant Foodworks Q2 (Standalone YoY)
Profit declines 27.8% to Rs 52.1 crore Vs Rs 72.1 crore
Revenue increases 9% to Rs 1,466.9 crore Vs Rs 1,344.8 crore
Hindustan Copper Q2 (Consolidated YoY)
Profit zooms 67.5% to Rs 101.7 crore Vs Rs 60.7 crore
Revenue jumps 36% to Rs 518.2 crore Vs Rs 381.4 crore
National Fertilizers Q2 (Consolidated YoY)
Profit stands at Rs 12.1 crore Vs loss of Rs 87.1 crore
Revenue declines 22.4% to Rs 4,390.4 crore Vs Rs 5,655.4 crore
HMA Agro Industries Q2 (Consolidated YoY)
Profit surges over 9-fold to Rs 53.4 crore Vs Rs 5.6 crore
Revenue grows 22.1% to Rs 146.6 crore Vs Rs 120 crore
HG Infra Engineering Q2 (Consolidated YoY)
Profit declines 16% to Rs 80.7 crore Vs Rs 96.1 crore
Revenue falls 5.5% to Rs 902.4 crore Vs Rs 954.5 crore
Prataap Snacks Q2 (YoY)
Profit plunges 62.8% to Rs 6.2 crore Vs Rs 16.5 crore
Revenue rises 1.7% to Rs 441 crore Vs Rs 433.7 crore
Blue Dart Express Q2 (Consolidated YoY)
Profit declines 14% to Rs 62.8 crore Vs Rs 73.1 crore
Revenue increases 9.4% to Rs 1,448.5 crore Vs Rs 1,324.5 crore
Triveni Turbine Q2 (Consolidated YoY)
Profit jumps 42.2% to Rs 91 crore Vs Rs 64 crore
Revenue grows 29.2% to Rs 501.1 crore Vs Rs 387.8 crore
TVS Supply Chain Solutions Q2 (Consolidated YoY)
Profit stands at Rs 10.6 crore Vs loss of Rs 21.93 crore
Revenue grows 11% to Rs 2,513 crore Vs Rs 2,262.9 crore
Stocks To Watch
L&T Technology Services
The engineering and technology services company has signed a definitive agreement to acquire Silicon Valley-based Intelliswift, deepening its offerings across software product development, platform engineering, digital integration, data, and AI.
Bulk Deals
Ahimsa Industries
Investors Nexpact, Craft Emerging Market Fund PCC, Radiant Global Fund-Class B Participating Shares, and AG Dynamic Funds acquired an 18.57% stake in Ahimsa at an average price of Rs 59.6 per share. However, promoters Gandhi Sneha Ashutosh and Gandhi Saloni Ashutoshbhai sold an 18.24% stake at the same price.
Block Deals
NTPC
PI Opportunities AIF V LLP acquired a 0.026% stake in the power company at an average price of Rs 397.7 per share, from Pioneer Investment Fund, valued at Rs 100.4 crore.
Mainboard Listing on November 12
Sagility India
Stocks Turn Ex-Dividend
Indraprastha Gas, Indian Railway Finance Corporation, D-Link (India), PDS, POWERGRID Infrastructure Investment Trust
Stock Trades Ex-Bonus
Ajaj Steel Industries
Wonder Electricals
F&O ban
Aarti Industries, Hindustan Copper, Aditya Birla Fashion & Retail, Granules India, Manappuram Finance
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