Stocks in News

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

Results Today

Hero MotoCorp, Grasim Industries, Brainbees Solutions Firstcry, Honasa Consumer Mamaearth, Glenmark Pharmaceuticals, Ipca Laboratories, Bajaj Healthcare, Bharat Dynamics, Hindustan Aeronautics, Bharat Forge, Muthoot Finance, Ahluwalia Contracts, Anupam Rasayan India, Balaji Amines, Crompton Greaves Consumer Electricals, Delhivery, Easy Trip Planners, GVK Power & Infrastructure, ITI, Jyoti CNC Automation, Lemon Tree Hotels, Medi Assist Healthcare Services, Nazara Technologies, and Sobha will announce their September quarter earnings on November 14.

Quarterly Earnings

Eicher Motors Q2 (Consolidated YoY)

Profit grows 8.3% to Rs 1,100.3 crore Vs Rs 1,016.3 crore

Revenue increases 3.6% to Rs 4,263.1 crore Vs Rs 4,114.5 crore

EBITDA rises 0.05% to Rs 1,087.7 crore Vs Rs 1,087.2 crore

Margin declines 90 bps to 25.5% Vs 26.4%

Vodafone Idea Q2 (Consolidated QoQ)

Loss widens to Rs 7,175.9 crore Vs loss of Rs 6,432.1 crore

Revenue increases 4% to Rs 10,932.2 crore Vs Rs 10,508.3 crore

EBITDA grows 8.2% to Rs 4,549.8 crore Vs Rs 4,204.7 crore

Margin expands 160 bps to 41.6% Vs 40%

ARPU jumps 7.8% to Rs 166 Vs Rs 154

National Aluminium Company Q2 (Standalone YoY)

Profit zooms 415% to Rs 1,062.2 crore Vs Rs 206.3 crore

Revenue jumps 31.5% to Rs 4,001.5 crore Vs Rs 3,043.8 crore

EBITDA spikes 290.3% to Rs 1,549 crore Vs Rs 396.9 crore

Margin expands sharply by 2,570 bps to 38.7% Vs 13%

Thermax Q2 (Consolidated YoY)

Profit grows 24.8% to Rs 198 crore Vs Rs 158.6 crore

Revenue increases 13.4% to Rs 2,611.6 crore Vs Rs 2,302.5 crore

EBITDA jumps 35.8% to Rs 278 crore Vs Rs 204.6 crore

Margin expands 170 bps to 10.6% Vs 8.9%

Board approves loan/equity support of Rs 350 crore in one or more tranches to its subsidiary First Energy

Rashtriya Chemicals & Fertilizers Q2 (Consolidated YoY)

Profit spikes 54.7% to Rs 79 crore Vs Rs 51 crore

Revenue grows 3.2% to Rs 42.9 crore Vs Rs 41.6 crore

Torrent Power Q2 (Consolidated YoY)

Profit falls 8.5% to Rs 481 crore Vs Rs 525.9 crore

Revenue rises 3.1% to Rs 7,175.8 crore Vs Rs 6,960.9 crore

PI Industries Q2 (Consolidated YoY)

Profit increases 5.8% to Rs 508.2 crore Vs Rs 480.5 crore

Revenue grows 4.9% to Rs 2,221 crore Vs Rs 2,116.9 crore

Godrej Industries Q2 (Consolidated YoY)

Profit zooms 229.5% to Rs 287.6 crore Vs Rs 87.3 crore

Revenue grows 22% to Rs 4,805 crore Vs Rs 3,937.6 crore

Thomas Cook India Q2 (Consolidated YoY)

Profit surges 40% to Rs 71.96 crore Vs Rs 51.5 crore

Revenue rises 8.7% to Rs 2,003.8 crore Vs Rs 1,843.4 crore

AstraZeneca Pharma Q2 (YoY)

Profit plunges 26.6% to Rs 38.4 crore Vs Rs 52.4 crore

Revenue jumps 31.2% to Rs 408 crore Vs Rs 311.1

Exceptional item Nil Vs exceptional gain of Rs 16.4 crore

Sun TV Network Q2 (Consolidated YoY)

Profit declines 11.9% to Rs 409.3 crore Vs Rs 464.7 crore

Revenue falls 10.9% to Rs 934.5 crore Vs Rs 1,048.5 crore

VRL Logistics Q2 (YoY)

Profit jumps 81.7% to Rs 35.8 crore Vs Rs 19.7 crore

Revenue rises 12.7% to Rs 799.5 crore Vs Rs 709.3 crore

Shilpa Medicare Q2 (Consolidated YoY)

Profit spikes 11-fold to Rs 17.94 crore Vs Rs 1.6 crore

Revenue increases 9.8% to Rs 343.8 crore Vs Rs 313 crore

Garden Reach Shipbuilders and Engineers Q2 (YoY)

Profit rises 21.1% to Rs 97.8 crore Vs Rs 80.7 crore

Revenue jumps 28.4% to Rs 1,153 crore Vs Rs 897.9 crore

KSB Q2 (Consolidated YoY)

Profit climbs 23.2% to Rs 61.7 crore Vs Rs 50.1 crore

Revenue increases 9.4% to Rs 616.5 crore Vs Rs 563.7 crore

Gujarat Narmada Valley Fertilizers & Chemicals Q2 (Consolidated YoY)

Profit tanks 42.3% to Rs 105 crore Vs Rs 182 crore

Revenue falls 7.8% to Rs 1,917 crore Vs Rs 2,080 crore

Dilip Buildcon Q2 (Consolidated YoY)

Profit surges 263.2% to Rs 265.9 crore Vs Rs 73.2 crore

Revenue declines 13.6% to Rs 2,461.3 crore Vs Rs 2,848.7 crore

Exceptional gain at Rs 158.4 crore Vs gain at Rs 89.3 crore

Deepak Nitrite Q2 (Consolidated YoY)

Profit falls 5.3% to Rs 194.2 crore Vs Rs 205.1 crore

Revenue grows 14.3% to Rs 2,032 crore Vs Rs 1,778 crore

Apollo Tyres Q2 (Consolidated YoY)

Profit sinks 37.3% to Rs 297.5 crore Vs Rs 474.3 crore

Revenue rises 2.5% to Rs 6,437 crore Vs Rs 6,279.6 crore

HEG Q2 (Consolidated YoY)

Profit declines 14.3% to Rs 82.3 crore Vs Rs 96 crore

Revenue slips 7.6% to Rs 567.6 crore Vs Rs 614.2 crore

Brigade Enterprises Q2 (Consolidated YoY)

Profit falls 10.9% to Rs 119 crore Vs Rs 133.5 crore

Revenue declines 21.5% to Rs 1,072.2 crore Vs Rs 1,366.6 crore

Lumax Auto Technologies Q2 (Consolidated YoY)

Profit zooms 56.5% to Rs 42.9 crore Vs Rs 27.4 crore

Revenue grows 20.3% to Rs 842.3 crore Vs Rs 700.2 crore

Stocks To Watch

Varun Beverages

The company has opened its Qualified Institutions Placement (QIP) issue on November 13. The floor price has been fixed at Rs 594.56 per share.

Tata Power Company

The company’s subsidiary, Tata Power Renewable Energy, has commissioned floating solar projects of 126 MW in Omkareshwar, Madhya Pradesh.

Inox Green Energy Services

The board has approved the demerger of the company’s power evacuation business. Resco Global Wind Services will undertake the power evacuation business.

Stocks to be added to F&O

Total 45 stocks - Adani Energy Solutions, Adani Green Energy, Angel One, APL Apollo Tubes, Adani Total Gas, Bank of India, BSE, CAMS, CDSL, CESC, CG Power, Cyient, Delhivery, Avenue Supermarts, HFCL, HUDCO, Indian Bank, IRB Infrastructure, IRFC, Jio Financial, Jindal Stainless, JSW Energy, Kalyan Jewellers, KEI Industries, KPIT Technologies, LIC, Macrotech Developers, Max Healthcare, NCC, NHPC, FSN E-Commerce Ventures Nykaa, Oil India, One 97 Communications Paytm, PB Fintech, Poonawalla Fincorp, Prestige Estates, SJVN, Sona BLW, Supreme Industries, Tata Elxsi, Tube Investments, Union Bank Of India, Varun Beverages, Yes Bank, and Zomato - will be added to the Futures & Options segment by the NSE, effective November 29.

Cipla

Following an inspection of its Bengaluru facility, Cipla has received 8 observations in Form 483 from the US Food and Drug Administration (US FDA). The inspection took place at the company’s manufacturing facility in Virgonagar, Bengaluru, from November 7 to 13.

Bulk Deals

PNB Housing Finance

Quality Investment Holdings PCC sold a 9.43% stake in the housing finance company at an average price of Rs 939.42 per share, valued at Rs 2,301.6 crore. Ghisallo Master Fund LP, Morgan Stanley, and Societe Generale - ODI purchased a 6.82% stake in PNB Housing at an average price of Rs 939.3 per share, amounting to Rs 1,664.6 crore.

ACME Solar Holdings

Morgan Stanley IFSC Fund sold a 0.51% stake in ACME at an average price of Rs 260.31 per share.

Block Deals

Trent

Investor Siddhartha Yog acquired a 0.38% stake in Trent from Dodona Holdings at an average price of Rs 6,495 per share, amounting to Rs 878.37 crore.

Mainboard Listing on November 14

Niva Bupa Health Insurance Company

Stocks Trade Ex-Dividend

Power Grid Corporation of India, Oil India, Aptus Value Housing Finance India, Amara Raja Energy & Mobility, Astral, Container Corporation of India, Gretex Corporate Services, Indian Metals & Ferro Alloys, Indian Railway Catering and Tourism Corporation, KP Energy, KP Green Engineering, KPI Green Energy, National Highways Infra Trust, Page Industries, QGO Finance, RITES

Stock Trades Ex-Date for Resolution Plan-Suspension

Carnation Industries

Stocks Trade Ex-Date for Split

Contil India, Jost's Engineering, JTL Industries

Stock Trades Ex-Date for Rights

Pradhin

Stock Turns Ex-Bonus

Worth Investment & Trading

F&O ban

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