Stocks in News

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

Results Today

Dr Reddy's Laboratories, Titan Company, GAIL India, PB Fintech, Oil India, Berger Paints, eClerx Services, Manappuram Finance, Mankind Pharma, Mazagon Dock Shipbuilders, Aptus Value Housing Finance, CCL Products, Fortis Malar Hospitals, JK Tyre, Max Healthcare Institute, Raymond Lifestyle, SJVN, Sundram Fasteners, Timken India, Triveni Engineering, Waaree Renewable Technologies, and Wonderla Holidays will release September quarter earnings on November 5.

Quarterly Earnings

ABB India Q3 (YoY)

Profit zooms 21.7% to Rs 440.5 crore Vs Rs 362 crore

Revenue grows 5.2% to Rs 2,912.2 crore Vs Rs 2,769.2 crore

EBITDA jumps 23.2% to Rs 540.2 crore Vs Rs 438.5 crore

Margin expands 280 bps to 18.6% Vs 15.8%

Amara Raja Energy & Mobility Q2 (Standalone YoY)

Profit rises 6.3% to Rs 240.7 crore Vs Rs 226.4 crore

Revenue increases 11.55% to Rs 3,135.8 crore Vs Rs 2,811.1 crore

EBITDA grows 7.5% to Rs 440.7 crore Vs Rs 410 crore

Margin drops 55 bps to 14.05% Vs 14.6%

Company to make additional investment Rs 1,000 crore in its subsidiary Amara Raja Advanced Cell Technologies to set up gigafactories.

Tilaknagar Industries Q2 (Consolidated YoY)

Profit zooms 57.2% to Rs 58.2 crore Vs Rs 37 crore

Revenue grows 5.8% to Rs 374.9 crore Vs Rs 354.4 crore

EBITDA jumps 39.1% to Rs 66 crore Vs Rs 47.4 crore

Margin expands 420 bps to 17.6% Vs 13.4%

Procter & Gamble Health Q1 (YoY)

Profit climbs 25.6% to Rs 82.3 crore Vs Rs 65.6 crore

Revenue grows 2.8% to Rs 313.4 crore Vs Rs 304.9 crore

EBITDA zooms 28.6% to Rs 114 crore Vs Rs 88.7 crore

Margin surges 730 bps to 36.4% Vs 29.1%

Gland Pharma Q2 (Consolidated YoY)

Profit declines 15.7% to Rs 163.5 crore Vs Rs 194.1 crore

Revenue grows 2.4% to Rs 1,405.8 crore Vs Rs 1,373.4 crore

EBITDA drops 8.3% to Rs 297 crore Vs Rs 324.1 crore

Margin falls 250 bps to 21.1% Vs 23.6%

Indian Railway Catering and Tourism Corporation Q2 (Consolidated YoY)

Profit increases 4.5% to Rs 307.9 crore Vs Rs 294.7 crore

Revenue rises 7.2% to Rs 1,064 crore Vs Rs 992.4 crore

Dhampur Bio Organics Q2 (Consolidated YoY)

Loss stands at Rs 23.4 crore Vs profit of Rs 0.06 crore

Revenue declines 4.8% to Rs 633.6 crore Vs Rs 665.6 crore

KEC International Q2 (Consolidated YoY)

Profit surges 53% to Rs 85.4 crore Vs Rs 55.8 crore

Revenue grows 13.7% to Rs 5,113.3 crore Vs Rs 4,499 crore

Tax expenses jump to Rs 63.53 crore Vs Rs 6.52 crore

Deferred tax at Rs (35.47) crore Vs Rs 3.43 crore

JK Paper Q2 (Consolidated YoY)

Profit plunges 57.8% to Rs 129 crore Vs Rs 305.7 crore

Revenue grows 2% to Rs 1,682.9 crore Vs Rs 1,650 crore

Bata India Q2 (Consolidated YoY)

Profit spikes 53% to Rs 52 crore Vs Rs 34 crore

Revenue increases 2.2% to Rs 837.1 crore Vs Rs 819.1 crore

Exceptional item at Nil Vs loss of Rs 40.9 crore

Raymond Q2 (Consolidated YoY)

Profit zooms 112% to Rs 59.01 crore Vs Rs 27.8 crore

Revenue jumps 122.2% to Rs 1,044.7 crore Vs Rs 470 crore

Sundaram Finance Q2 (Standalone YoY)

Profit drops 7.2% to Rs 340.09 crore Vs Rs 366.4 crore

Revenue increases 16.2% to Rs 562.5 crore Vs Rs 483.9 crore

Stocks To Watch

Kuantum Papers

The Board has appointed Vikram Kumar Khaitan as Chief Financial Officer (CFO) of the company, effective November 5, after Roshan Garg resigned from the position of CFO, effective November 4.

Embassy Office Parks REIT

The market regulator SEBI has asked Embassy Office Parks Management Services to suspend Aravind Maiya from acting as its Chief Executive Officer (CEO) and to appoint an interim CEO with immediate effect. Embassy Office Parks Management Services is the manager of Embassy REIT.

Bulk Deals

Afcons Infrastructure

Goldman Sachs India Equity Portfolio, Jupiter India Fund, Nomura Funds Ireland India Equity Fund, and Nomura India Investment Fund Mother Fund bought a 2.7% stake in the infrastructure engineering and construction company, amounting to Rs 449.08 crore.

Entero Healthcare Solutions

AL Mehwar Commercial Investments LLC purchased a 0.57% stake in Entero from CLSA Global Markets Pte Ltd - ODI at an average price of Rs 1,399.80 per share, valued at Rs 34.97 crore.

Sabar Flex India

The Trustee for Black Swan Super Fund sold a 0.55% stake in the company at an average price of Rs 17.25 per share.

Block Deals

Trent

Investor Siddhartha Yog acquired a 0.33% stake in Trent from Dodona Holdings at an average price of Rs 6,985 per share, amounting to Rs 838.84 crore.

Stocks Turn Ex-Dividend

Coal India, CARE Ratings, Dr Lal PathLabs, Sasken Technologies

Stocks Trade Ex-Date for Split

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