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Shares of the oral care products maker struggled after it reported September quarter earnings.
Key earnings highlights:
Shares of the country's second largest telecom service provider fell 1 percent to Rs 294.80 after Bloomberg reported that the company was delaying its planned IPO.
Bharti Airtel is delaying a planned initial public offering of its Africa unit due to the turmoil in emerging-market stocks, people with knowledge of the matter told Bloomberg.
The company, which was originally aiming to list the unit in London by March, has pushed back the share sale by about half a year, according to the people. It plans to seek an enterprise value of about $8 billion for the Africa business, the people said, asking not to be identified because the information is private.
Shares of the Mumbai-based power producer held on to gains and rose 15 percent to Rs 79.35 after its announced September quarter earnings.
Key earnings highlights:
Shares of the Mumbai-based power producer held on to gains and rose 15 percent to Rs 79.35 after its announced September quarter earnings.
Key earnings highlights:
Shares of Century Textiles & Industries rose as much as 6.5 percent to Rs 821.30. The company's profit jumped nearly 200 percent during the July-September period, according to its stock exchange notification.
Key earnings highlights (Q2, YoY):
Key highlights from the conversation:
Shares of the PVC Pipes maker rose as much as 10.6 percent, the most in over two months to Rs 111.80 apiece after its profit surged during the July-September period.
Key earnings highlights (Q2, YoY):
Shares of the organic intermediates and monomers manufacturers rose as much as 9.8 percent, the most in over two months to trade at Rs 1,439, its highest since Sept. 04. The stock is poised for its longest winning streak in two months.
Key earnings highlights (Q2, YoY):
Buyers and sellers were not immediately known
Source: Bloomberg
Here’s Why Veteran Mark Mobius Thinks India Is A ‘Great’ Investment Option
Buyers and sellers were not immediately known
Source: Bloomberg
Shares of the Mumbai-based textile maker were locked in a five percent upper circuit at Rs 86.45.
Bombay Dyeing and Manufacturing Company agreed to convert debt given to its subsidiary Five Star Textile Indonesia, into equity to wind up the subsidiary in due course.
The company will convert debt worth nearly Rs 207 crore into equity. Post conversion the holding will increase to 97.4 percent from 86 percent.
Shares of the Mumbai-based private sector lender rose as much as 5.42 percent to Rs 567.
Axis Bank has plans to sell 19.79 lakh shares or 4.95 percent equity in NSDL to HDFC Bank for Rs 163.34 crore.
Meanwhile, Axis Bank saw 64.8 lakh shares change hands in a single block, according to data compiled by Bloomberg.
Shares of the travel-services provider was locked in a five percent upper circuit at Rs 194.75.
Cox&Kings announced to sell HB Education to U.K-based Midlothian Capital Partner for an enterprise value of £467 million, i.e., Rs 4,380 crore, according to its notification to the bourses.
HB Education contributed 21 percent and 47 percent to the revenue and net worth of Cox & Kings. Deal expected to complete by Nov. 23.
Shares of the Delhi-based stainless-steel products maker fell as much as 10 percent, the most in a month, to Rs 46.05 after it reported loss in September quarter.
Key earnings highlights:
Shares of the Mumbai-based film producer rose as much as 11.13 percent to Rs 75.40 after its profit rose 40 percent in September quarter.
Key earnings highlights:
Shares of the Hyderabad-based drug maker rose as much as 14.27 percent, the most in nearly one year, to Rs 1,435, also its all-time high level.
Divi's Labs net profit nearly doubled in July-September quarter to Rs 398 crore and operationally also it was a good quarter for the company.
Key earnings highlights:
Shares of the country's second largest private sector lender rose as much as 6.73 percent, the most in over two months, to Rs 337 after it swung to profit in July-September quarter on account of lower provisioning for bad loans and higher interest income.
The private lender reported a Rs 909-crore profit, about 56 percent lower than in the same quarter last year, according to its stock exchange filing. Analysts tracked by Bloomberg had expected a profit of Rs 950 crore.
Key earnings highlights:
Meanwhile, brokerages have maintained their bullish stance on the stock with Morgan Stanley pegging target price of Rs 460 per share, indicating an upside of 46 percent from Friday’s closing price.
Morgan Stanley
CLSA
Citi
Morgan Stanley
Jefferies
Citi
Morgan Stanley
CLSA
Nomura
Citi
Morgan Stanley
Jefferies
Deutsche Bank Research
Morgan Stanley
Deutsche Bank Research
Citi on DB Corp
Citi on BEL
CLSA on Shriram Transport
CLSA on ONGC
(As reported on Oct. 26)
Setco Automotive
Ujjivan
Eros International Media (Q2, YoY)
Shoppers Stop (Q2 YoY)
Jindal Stainless (Q2, YoY)
Deepak Nitrite (Q2, YoY)
Nestle India Ltd (Q2, YoY)
Emami Paper Mills (Q2, YoY)
PI Industries (Q2, YoY)
Nucleus Software Exports (Q2, QoQ)
Aavas Financiers (Q2, YoY)
Seshasayee Paper & Boards Q2, YoY)
HT Media (Q2, YoY)
Divi’s Lab (Q2, YoY)
DCM Shriram Industries (Q2, YoY)
Vinati Organics (Q2, YoY)
Gujarat Ambuja Exports (Q2, YoY)
IFB Agro Industries (Q2, YoY)
Bharat Petroleum Corporation
Good Morning!
The Singapore-traded SGX Nifty, an early indicator of NSE Nifty 50 Index’s performance in India rose 0.5 percent to 10,100 as of 8:00 a.m.
Most Asian stocks edged higher and U.S. stock futures steadied, indicating some respite at the start of the week from the recent global sell-off. The dollar and Treasury yields were little changed.
Shares in Sydney and Tokyo rose, were little changed in Hong Kong and Seoul, and fell in Shanghai.
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